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Livermore
Livermore
ZHEN

Stonehearth Capital Management, LLC

SEC CIK
0001550191
Latest filing
Jul 7, 2026

The latest 13F from Stonehearth Capital Management, LLC covers Q2 2026 (filed Jul 7, 2026): 94 long positions worth $293.1M. The top 10 holdings make up 71.2% of the portfolio, and the largest is iShares MSCI USA Momentum Factor ETF at 13.7%. Livermore has 25 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
11
Est. +$27.2M
Added
13
Est. +$17.6M
Reduced
57
Est. −$35.2M
Sold out
13
Est. −$10.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares MSCI USA Momentum Factor ETF46432F396
    13.7%$40.1M
  2. Schwab US Dividend Equity ETF808524797
    10.5%$30.7M
  3. iShares Tr46432F388
    9.3%$27.3M
  4. Dimensional ETF Trust25434V203
    8.6%$25.3M
  5. Gmo ETF Trust90139K100
    6.4%$18.6M

Share of portfolio

Top 5 holdings and the other 89 positions, by share of portfolio value

  1. iShares MSCI USA Momentum Factor ETF13.7%
  2. Schwab US Dividend Equity ETF10.5%
  3. iShares Tr9.3%
  4. Dimensional ETF Trust8.6%
  5. Gmo ETF Trust6.4%
  6. Other 89 positions51.6%

Biggest buys

New and added positions, by estimated amount bought

  1. Morgan Stanley ETF Trust61774R841
    +$14.3MNew
  2. Schwab US Dividend Equity ETF808524797
    +$10.3MAdded
  3. Invesco Nasdaq 100 ETF46138G649
    +$7.44MNew
  4. iShares Core MSCI Emerging Markets ETF46434G103
    +$5.70MAdded
  5. Vanguard Malvern FDS922020755
    +$2.20MNew

Largest weight increases

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

  1. Morgan Stanley ETF Trust61774R841
    +4.88 pp0.0% → 4.9%
  2. Schwab US Dividend Equity ETF808524797
    +2.67 pp7.8% → 10.5%
  3. Invesco Nasdaq 100 ETF46138G649
    +2.54 pp0.0% → 2.5%
  4. iShares Core MSCI Emerging Markets ETF46434G103
    +1.96 pp0.7% → 2.7%
  5. Vanguard Malvern FDS922020755
    +0.75 pp0.0% → 0.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr46432F388
    −$20.0MReduced
  2. DJPBarclays Bank PLC
    −$7.36MSold outHistory
  3. GLDSPDR Gold Trust
    −$6.76MReducedHistory
  4. iShares MSCI USA Momentum Factor ETF46432F396
    −$2.43MReduced
  5. Vanguard Ftse Developed Markets ETF921943858
    −$762.4KReduced

Largest weight decreases

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

  1. iShares Tr46432F388
    −4.01 pp13.3% → 9.3%
  2. GLDSPDR Gold Trust
    −3.22 pp3.5% → 0.3%History
  3. DJPBarclays Bank PLC
    −2.91 pp2.9% → 0.0%History
  4. Vanguard Ftse Developed Markets ETF921943858
    −0.30 pp0.9% → 0.6%
  5. XOMExxonMobil Holdings Corp
    −0.27 pp0.7% → 0.4%History

Metrics

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

Portfolio value
$293.1M
+$40.6M (+16.1%) vs. prior quarter
Positions
94
−2 vs. prior quarter
Top 10 concentration
71.2%
Top 10 as share of value
Turnover
16.4%
Q2 2026, one quarter
Average holding period
14.5 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 $293.1M (Q2 2026)

Q1 2021: $184.0MQ2 2021: $203.2MQ3 2021: $192.1MQ4 2021: $193.2MQ1 2022: $192.8MQ2 2022: $175.5MQ3 2022: $163.4MQ4 2022: $177.7MQ1 2023: $186.1MQ2 2023: $189.9MQ3 2023: $183.3MQ4 2023: $203.5MQ1 2024: $220.9MQ2 2024: $233.5MQ3 2024: $251.6MQ4 2024: $249.4MQ1 2025: $241.6MQ2 2025: $241.5MQ3 2025: $258.4MQ4 2025: $270.3MQ1 2026: $252.5MQ2 2026: $293.1M
Q1 2021Q2 2026
13F filings of Stonehearth Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 7, 202694$293.1MiShares MSCI USA Momentum Factor ETFSchwab US Dividend Equity ETFiShares Trvs. Q1 2026SEC
Q1 2026Apr 17, 202696$252.5MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q4 2025SEC
Q4 2025Jan 13, 202696$270.3MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q3 2025SEC
Q3 2025Oct 24, 202595$258.4MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q2 2025SEC
Q2 2025Jul 1, 202593$241.5MiShares MSCI USA Momentum Factor ETFiShares TrDimensional ETF Trustvs. Q1 2025SEC
Q1 2025Apr 1, 202587$241.6MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q4 2024SEC
Q4 2024Jan 7, 202579$249.4MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q3 2024SEC
Q3 2024Oct 2, 202477$251.6MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q2 2024SEC
Q2 2024Jul 5, 202479$233.5MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q1 2024SEC
Q1 2024Apr 2, 202478$220.9MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q4 2023SEC
Q4 2023Jan 8, 202474$203.5MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q3 2023SEC
Q3 2023Oct 11, 202369$183.3MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q2 2023SEC
Q2 2023Jul 6, 202373$189.9MiShares TriShares MSCI USA Momentum Factor ETFDimensional ETF Trustvs. Q1 2023SEC
Q1 2023Apr 4, 2023Amended72$186.1MiShares TrDimensional ETF TrustJPMorgan Ultra-Short Income ETFvs. Q4 2022SEC
Q4 2022Feb 10, 2023Amended70$177.7MJPMorgan Ultra-Short Income ETFiShares TriShares MSCI USA Momentum Factor ETFvs. Q3 2022SEC
Q3 2022Oct 5, 202263$163.4MJPMorgan Ultra-Short Income ETFiShares TriShares MSCI USA Momentum Factor ETFvs. Q2 2022SEC
Q2 2022Jul 11, 202272$175.5MJPMorgan Ultra-Short Income ETFiShares TriShares MSCI USA Momentum Factor ETFvs. Q1 2022SEC
Q1 2022Apr 13, 202271$192.8MiShares TriShares MSCI USA Momentum Factor ETFiShares MSCI USA Quality Factor ETFvs. Q4 2021SEC
Q4 2021Jan 19, 202267$193.2MiShares TriShares MSCI USA Momentum Factor ETFiShares MSCI USA Min Vol Factor ETFvs. Q3 2021SEC
Q3 2021Oct 13, 202166$192.1MiShares TriShares MSCI USA Momentum Factor ETFVanguard Ftse Emerging Markets ETFvs. Q2 2021SEC
Q2 2021Jul 14, 202165$203.2MiShares TrVanguard Ftse Emerging Markets ETFiShares MSCI USA Momentum Factor ETFvs. Q1 2021SEC
Q1 2021Apr 14, 202164$184.0MiShares TrVanguard Ftse Emerging Markets ETFiShares MSCI USA Momentum Factor ETF–SEC