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Livermore
Livermore
ZHEN

Institute for Wealth Management, LLC.

SEC CIK
0001533954
Latest filing
Jul 28, 2026

The latest 13F from Institute for Wealth Management, LLC. covers Q2 2026 (filed Jul 28, 2026): 1,763 long positions worth $1.13B. The top 10 holdings make up 29.3% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 13.1%. 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
1232
Est. +$67.4M
Added
100
Est. +$30.0M
Reduced
321
Est. −$66.8M
Sold out
9
Est. −$4.68M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    13.1%$148.0MHistory
  2. AAPLApple Inc.
    2.9%$33.1MHistory
  3. LRCXLam Research Corp
    2.8%$31.4MHistory
  4. AMZNAmazon Com Inc
    1.8%$20.8MHistory
  5. GOOGLAlphabet Inc.
    1.8%$19.8MHistory

Share of portfolio

Top 5 holdings and the other 1,758 positions, by share of portfolio value

  1. NVDA13.1%
  2. AAPL2.9%
  3. LRCX2.8%
  4. AMZN1.8%
  5. GOOGL1.8%
  6. Other 1,758 positions77.7%

Biggest buys

New and added positions, by estimated amount bought

  1. VanEck Semiconductor ETF92189F676
    +$11.4MNew
  2. Vanguard World FD921910709
    +$5.15MAdded
  3. Vanguard Scottsdale FDS92206C102
    +$4.75MAdded
  4. GLDSPDR Gold Trust
    +$3.95MAddedHistory
  5. METAMeta Platforms, Inc.
    +$3.07MAddedHistory

Largest weight increases

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

  1. VanEck Semiconductor ETF92189F676
    +1.01 pp0.0% → 1.0%
  2. Vanguard World FD921910709
    +0.40 pp0.3% → 0.7%
  3. MRVLMarvell Technology, Inc.
    +0.32 pp0.2% → 0.5%History
  4. Vanguard Scottsdale FDS92206C102
    +0.32 pp0.6% → 0.9%
  5. GLDSPDR Gold Trust
    +0.27 pp0.3% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco QQQ Trust Series I46090E103
    −$14.3MReduced
  2. DIASPDR Dow Jones Industrial Average ETF Trust
    −$3.61MReducedHistory
  3. AFRMAffirm Holdings, Inc.
    −$3.17MReducedHistory
  4. SNOWSnowflake Inc.
    −$3.10MReducedHistory
  5. Vanguard Information Technology ETF92204A702
    −$1.91MReducedConverted for a 8-for-1 split

Largest weight decreases

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

  1. Invesco QQQ Trust Series I46090E103
    −1.14 pp2.5% → 1.3%
  2. NVDANVIDIA Corp
    −0.82 pp13.9% → 13.1%History
  3. DIASPDR Dow Jones Industrial Average ETF Trust
    −0.35 pp0.4% → <0.1%History
  4. AAPLApple Inc.
    −0.33 pp3.3% → 2.9%History
  5. AFRMAffirm Holdings, Inc.
    −0.19 pp0.2% → <0.1%History

Metrics

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

Portfolio value
$1.13B
+$201.1M (+21.6%) vs. prior quarter
Positions
1,763
+1,223 vs. prior quarter
Top 10 concentration
29.3%
Top 10 as share of value
Turnover
6.9%
Q2 2026, one quarter
Average holding period
18.1 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 $1.13B (Q2 2026)

Q1 2021: $522.1MQ2 2021: $569.6MQ3 2021: $567.4MQ4 2021: $613.8MQ1 2022: $611.5MQ2 2022: $505.2MQ3 2022: $445.3MQ4 2022: $468.8MQ1 2023: $514.1MQ2 2023: $564.4MQ3 2023: $547.8MQ4 2023: $612.7MQ1 2024: $771.8MQ2 2024: $746.1MQ3 2024: $792.4MQ4 2024: $796.4MQ1 2025: $777.9MQ2 2025: $896.0MQ3 2025: $960.1MQ4 2025: $943.4MQ1 2026: $931.3MQ2 2026: $1.13B
Q1 2021Q2 2026
13F filings of Institute for Wealth Management, LLC. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 28, 20261,763$1.13BNVDAAAPLLRCXvs. Q1 2026SEC
Q1 2026May 14, 2026540$931.3MNVDAAAPLInvesco QQQ Trust Series Ivs. Q4 2025SEC
Q4 2025Jan 27, 2026538$943.4MNVDAAAPLMSFTvs. Q3 2025SEC
Q3 2025Oct 17, 2025557$960.1MNVDAAAPLMSFTvs. Q2 2025SEC
Q2 2025Jul 18, 2025559$896.0MNVDAAAPLMSFTvs. Q1 2025SEC
Q1 2025Apr 21, 2025524$777.9MNVDAAAPLMSFTvs. Q4 2024SEC
Q4 2024Jan 23, 2025505$796.4MNVDAAAPLMSFTvs. Q3 2024SEC
Q3 2024Nov 12, 2024550$792.4MNVDAAAPLMSFTvs. Q2 2024SEC
Q2 2024Jul 25, 2024505$746.1MNVDAAAPLMSFTvs. Q1 2024SEC
Q1 2024Apr 30, 2024501$771.8MNVDASPYAAPLvs. Q4 2023SEC
Q4 2023Jan 31, 2024481$612.7MNVDAAAPLMSFTvs. Q3 2023SEC
Q3 2023Oct 13, 2023449$547.8MNVDAAAPLMSFTvs. Q2 2023SEC
Q2 2023Jul 25, 2023454$564.4MNVDAAAPLMSFTvs. Q1 2023SEC
Q1 2023Apr 20, 2023443$514.1MNVDAAAPLMSFTvs. Q4 2022SEC
Q4 2022Feb 2, 2023446$468.8MAAPLNVDAMSFTvs. Q3 2022SEC
Q3 2022Oct 18, 2022448$445.3MAAPLMSFTNVDAvs. Q2 2022SEC
Q2 2022Jul 25, 2022528$505.2MAAPLMSFTNVDAvs. Q1 2022SEC
Q1 2022Apr 29, 2022536$611.5MAAPLNVDAMSFTvs. Q4 2021SEC
Q4 2021Jan 21, 2022489$613.8MAAPLNVDAMSFTvs. Q3 2021SEC
Q3 2021Nov 15, 2021477$567.4MAAPLNVDAMSFTvs. Q2 2021SEC
Q2 2021Jul 21, 2021489$569.6MAAPLNVDAMSFTvs. Q1 2021SEC
Q1 2021May 4, 2021463$522.1MAAPLMSFTAMZN–SEC