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Livermore
Livermore
ZHEN

Nuance Investments, LLC

SEC CIK
0001473182
Latest filing
Aug 7, 2026

The latest 13F from Nuance Investments, LLC covers Q2 2026 (filed Aug 7, 2026): 52 long positions worth $587.7M. The top 10 holdings make up 58.8% of the portfolio, and the largest is Qiagen N.V. (QGEN) at 10.6%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

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
13
Est. +$96.9M
Added
14
Est. +$47.0M
Reduced
25
Est. −$284.3M
Sold out
4
Est. −$64.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. QGENQiagen N.V.
    10.6%$62.4MHistory
  2. CWTCalifornia Water Service Group
    9.1%$53.3MHistory
  3. CLXClorox Co
    8.6%$50.5MHistory
  4. TMHCTaylor Morrison Home Corp
    6.4%$37.9MHistory
  5. SOLVSolventum Corp
    4.8%$28.1MHistory

Share of portfolio

Top 5 holdings and the other 47 positions, by share of portfolio value

  1. QGEN10.6%
  2. CWT9.1%
  3. CLX8.6%
  4. TMHC6.4%
  5. SOLV4.8%
  6. Other 47 positions60.5%

Biggest buys

New and added positions, by estimated amount bought

  1. TMHCTaylor Morrison Home Corp
    +$37.9MNewHistory
  2. ACNAccenture plc
    +$16.9MNewHistory
  3. QGENQiagen N.V.
    +$10.8MAddedHistory
  4. PORPortland General Electric Co
    +$7.56MAddedHistory
  5. TECHBIO-TECHNE Corp
    +$7.47MNewHistory

Largest weight increases

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

  1. TMHCTaylor Morrison Home Corp
    +6.45 pp0.0% → 6.4%History
  2. QGENQiagen N.V.
    +3.25 pp7.4% → 10.6%History
  3. ACNAccenture plc
    +2.88 pp0.0% → 2.9%History
  4. PORPortland General Electric Co
    +1.47 pp0.9% → 2.4%History
  5. TECHBIO-TECHNE Corp
    +1.27 pp0.0% → 1.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MRTNMarten Transport Ltd
    −$74.0MReducedHistory
  2. WERNWerner Enterprises Inc
    −$58.0MReducedHistory
  3. MASIMasimo Corp
    −$43.5MSold outHistory
  4. GLGlobe Life Inc.
    −$26.1MReducedHistory
  5. CWTCalifornia Water Service Group
    −$24.7MReducedHistory

Largest weight decreases

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

  1. MRTNMarten Transport Ltd
    −7.19 pp8.8% → 1.6%History
  2. MASIMasimo Corp
    −6.07 pp6.1% → 0.0%History
  3. WERNWerner Enterprises Inc
    −4.83 pp6.2% → 1.4%History
  4. GLGlobe Life Inc.
    −2.72 pp3.0% → 0.3%History
  5. CVGWCalavo Growers Inc
    −2.05 pp2.0% → 0.0%History

Metrics

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

Portfolio value
$587.7M
−$129.4M (−18.0%) vs. prior quarter
Positions
52
+9 vs. prior quarter
Top 10 concentration
58.8%
Top 10 as share of value
Turnover
22.1%
Q2 2026, one quarter
Average holding period
10.8 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 (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $5.68B (Q4 2021)

Q1 2021: $5.35BQ2 2021: $5.61BQ3 2021: $5.46BQ4 2021: $5.68BQ1 2022: $5.59BQ2 2022: $5.04BQ3 2022: $4.49BQ4 2022: $4.77BQ1 2023: $4.72BQ2 2023: $4.68BQ3 2023: $4.08BQ4 2023: $4.37BQ1 2024: $3.81BQ2 2024: $3.27BQ3 2024: $2.98BQ4 2024: $2.48BQ1 2025: $1.52BQ2 2025: $1.28BQ3 2025: $982.1MQ4 2025: $907.6MQ1 2026: $717.1MQ2 2026: $587.7M
Q1 2021Q2 2026
13F filings of Nuance Investments, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 7, 202652$587.7MQGENCWTCLXvs. Q1 2026SEC
Q1 2026May 8, 202643$717.1MCWTMRTNQGENvs. Q4 2025SEC
Q4 2025Feb 11, 202645$907.6MCLXCWTMRTNvs. Q3 2025SEC
Q3 2025Nov 6, 202546$982.1MCLXCWTMRTNvs. Q2 2025SEC
Q2 2025Aug 7, 202546$1.28BCLXHOLXELvs. Q1 2025SEC
Q1 2025May 13, 202549$1.52BELXRAYQGENvs. Q4 2024SEC
Q4 2024Feb 12, 202553$2.48BXRAYELQGENvs. Q3 2024SEC
Q3 2024Nov 8, 202448$2.98BXRAYQGENHSICvs. Q2 2024SEC
Q2 2024Aug 8, 202448$3.27BXRAYMMMCLXvs. Q1 2024SEC
Q1 2024May 7, 202449$3.81BMMMXRAYKMBvs. Q4 2023SEC
Q4 2023Feb 7, 202447$4.37BMMMXRAYKMBvs. Q3 2023SEC
Q3 2023Nov 8, 202348$4.08BMMMXRAYKMBvs. Q2 2023SEC
Q2 2023Aug 11, 202352$4.68BMMMXRAYKMBvs. Q1 2023SEC
Q1 2023May 9, 202351$4.72BXRAYKMBMMMvs. Q4 2022SEC
Q4 2022Feb 8, 202356$4.77BXRAYKMBSNNvs. Q3 2022SEC
Q3 2022Nov 10, 202255$4.49BXRAYSNNBAXvs. Q2 2022SEC
Q2 2022Aug 8, 202252$5.04BBAXXRAYEQCvs. Q1 2022SEC
Q1 2022May 13, 202255$5.59BEQCBAXKMBvs. Q4 2021SEC
Q4 2021Feb 9, 202254$5.68BTRVEQCBAXvs. Q3 2021SEC
Q3 2021Nov 15, 202155$5.46BTRVEQCBAXvs. Q2 2021SEC
Q2 2021Aug 10, 202157$5.61BTRVEQCSNNvs. Q1 2021SEC
Q1 2021May 14, 202154$5.35BEQCTRVNTRS–SEC

13D and 13G filings

Companies where Nuance Investments, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Nuance Investments, LLC does not currently report owning 5% or more of any company.

Latest filings

33 filings on file made by Nuance Investments, LLC or listing it as a reporting person; the latest 20 are shown.

Schedule 13D and 13G filings by Nuance Investments, LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
MRTNMarten Transport LtdJul 6, 20261:22 PM ET13G/A4.90%0 shares−2.79 ppfrom 7.69%Below 5%Apr 10, 2026SEC
MRTNMarten Transport LtdJan 22, 20261:17 PM ET13G/A7.69%0 shares+1.26 ppfrom 6.43%Dec 31, 2025SEC
CVGWCalavo Growers IncJul 3, 20251:11 PM ET13G/A3.70%653.6K shares−6.80 ppfrom 10.50%Below 5%Jun 5, 2025SEC
MRTNMarten Transport LtdMay 12, 20254:22 PM ET13G6.43%5.24M sharesNewMar 31, 2025SEC
WERNWerner Enterprises IncMay 12, 20253:45 PM ET13G4.58%2.83M shares–Below 5%Mar 31, 2025SEC
XRAYDentsply Sirona Inc.May 12, 20252:28 PM ET13G/A4.52%8.99M shares−2.29 ppfrom 6.81%Below 5%Mar 31, 2025SEC
XRAYDentsply Sirona Inc.Feb 11, 20251:37 PM ET13G6.81%13.5M shares–Dec 31, 2024SEC
CVGWCalavo Growers IncFeb 7, 20252:28 PM ET13G10.50%1.88M shares–Jan 16, 2025SEC
WERNWerner Enterprises IncNov 8, 202413GOld format–New–SEC
AVOMission Produce, Inc.Nov 8, 202413G/AOld format–––SEC
MWAMueller Water Products, Inc.Nov 8, 202413G/AOld format–––SEC
MWAMueller Water Products, Inc.Feb 5, 202413G/AOld format–––SEC
AVOMission Produce, Inc.Feb 5, 202413GOld format–New–SEC
XRAYDentsply Sirona Inc.Feb 5, 202413G/AOld format–––SEC
CVGWCalavo Growers IncApr 6, 202313G/AOld format–––SEC
SAFMSanderson Farms IncFeb 8, 202313G/AOld format–––SEC
MWAMueller Water Products, Inc.Feb 8, 202313G/AOld format–––SEC
XRAYDentsply Sirona Inc.Feb 8, 202313GOld format–New–SEC
CVGWCalavo Growers IncFeb 8, 202313G/AOld format–––SEC
HTOH2O AmericaFeb 3, 202313G/AOld format–––SEC