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Livermore
Livermore
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Private Client Services, LLC

SEC CIK
0001457005
Latest filing
Jul 6, 2026

The latest 13F from Private Client Services, LLC covers Q2 2026 (filed Jul 6, 2026): 229 long positions worth $381.4M. The top 10 holdings make up 37.8% of the portfolio, and the largest is iShares Core S&P 500 ETF at 10.7%. Livermore has 11 filings on Form 13F from this institution, going back to Q4 2023.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
37
Est. +$34.0M
Added
91
Est. +$38.5M
Reduced
89
Est. −$37.2M
Sold out
16
Est. −$11.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    10.7%$40.9M
  2. iShares Core MSCI Eafe ETF46432F842
    6.3%$24.1M
  3. Vanguard Ftse Emerging Markets ETF922042858
    3.2%$12.3M
  4. Vanguard Morningstar Small-Cap ETF922908751
    2.7%$10.2M
  5. Harbor ETF Trust41151J505
    2.7%$10.2M

Biggest buys

New and added positions, by estimated amount bought

  1. Harbor ETF Trust41151J505
    +$10.2MNew
  2. Vanguard Morningstar Mid-Cap ETF922908629
    +$7.50MAdded
  3. Simplify Exchange Traded Fun82889N335
    +$7.10MAdded
  4. Simplify Exchange Traded Fun82889N699
    +$5.00MNew
  5. Vanguard Morningstar Small-Cap ETF922908751
    +$2.98MAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Harbor ETF Trust41151J505
    +2.67 pp0.0% → 2.7%
  2. Simplify Exchange Traded Fun82889N335
    +1.81 pp0.6% → 2.4%
  3. Simplify Exchange Traded Fun82889N699
    +1.31 pp0.0% → 1.3%
  4. Vanguard Morningstar Small-Cap ETF922908751
    +0.81 pp1.9% → 2.7%
  5. Capital Group Core Balanced14021D107
    +0.73 pp0.1% → 0.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Ibonds 2026 Term High Yield and Income ETF46436E528
    −$7.15MReduced
  2. First Tr Exchng Traded FD VI33740F516
    −$3.91MSold out
  3. FIXComfort Systems USA Inc
    −$2.95MReducedHistory
  4. Innovator ETFs Trust45782C516
    −$1.85MSold out
  5. NXTNextpower Inc.
    −$1.81MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. iShares Ibonds 2026 Term High Yield and Income ETF46436E528
    −2.26 pp2.9% → 0.6%
  2. First Tr Exchng Traded FD VI33740F516
    −1.17 pp1.2% → 0.0%
  3. NXTNextpower Inc.
    −0.59 pp0.8% → 0.3%History
  4. Vanguard Malvern FDS922020805
    −0.56 pp1.3% → 0.7%
  5. Innovator ETFs Trust45782C516
    −0.55 pp0.6% → 0.0%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$381.4M
+$46.9M (+14.0%) vs. prior quarter
Positions
229
+21 vs. prior quarter
Top 10 concentration
37.8%
Top 10 as share of value
Turnover
13.7%
Q2 2026, one quarter
Average holding period
8.4 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2023), so positions held before then are understated.

13F filings by quarter

11 quarters, going back to Q4 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $381.4M (Q2 2026)

Q4 2023: $121.8MQ1 2024: $148.9MQ2 2024: $159.2MQ3 2024: $186.0MQ4 2024: $186.1MQ1 2025: $202.2MQ2 2025: $256.7MQ3 2025: $298.8MQ4 2025: $320.0MQ1 2026: $334.5MQ2 2026: $381.4M
Q4 2023Q2 2026
13F filings of Private Client Services, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 6, 2026229$381.4MiShares Core S&P 500 ETFiShares Core MSCI Eafe ETFVanguard Ftse Emerging Markets ETFvs. Q1 2026SEC
Q1 2026Apr 6, 2026208$334.5MiShares Core S&P 500 ETFiShares Core MSCI Eafe ETFVanguard Ftse Emerging Markets ETFvs. Q4 2025SEC
Q4 2025Jan 7, 2026193$320.0MiShares Core S&P 500 ETFiShares Core MSCI Eafe ETFSPYvs. Q3 2025SEC
Q3 2025Oct 14, 2025196$298.8MiShares Core S&P 500 ETFiShares Core MSCI Eafe ETFSPYvs. Q2 2025SEC
Q2 2025Jul 1, 2025197$256.7MiShares Core S&P 500 ETFiShares Core MSCI Eafe ETFInvesco Exchange Traded FD Tvs. Q1 2025SEC
Q1 2025Apr 8, 2025185$202.2MiShares Core S&P 500 ETFInvesco Exchange Traded FD TiShares S&P 100 ETFvs. Q4 2024SEC
Q4 2024Jan 8, 2025186$186.1MFirst Tr Exchng Traded FD VIiShares Core S&P 500 ETFiShares S&P 100 ETFvs. Q3 2024SEC
Q3 2024Oct 3, 2024169$186.0MiShares Core S&P 500 ETFiShares S&P 100 ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q2 2024SEC
Q2 2024Jul 29, 2024138$159.2MiShares Core S&P 500 ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares S&P 100 ETFvs. Q1 2024SEC
Q1 2024May 10, 2024128$148.9MiShares Core S&P 500 ETFSPYiShares S&P 100 ETFvs. Q4 2023SEC
Q4 2023Jan 30, 2024135$121.8MInnovator ETFs TrustiShares Core S&P 500 ETFiShares S&P 100 ETF–SEC