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Livermore
Livermore
ZHEN

Estate Counselors, LLC

SEC CIK
0001559832
Latest filing
Aug 7, 2026

The latest 13F from Estate Counselors, LLC covers Q2 2026 (filed Aug 7, 2026): 91 long positions worth $1.16B. The top 10 holdings make up 78.2% of the portfolio, and the largest is ETF Ser Solutions at 32.8%. 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
24
Est. +$115.2M
Added
29
Est. +$61.7M
Reduced
34
Est. −$95.5M
Sold out
30
Est. −$117.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. ETF Ser Solutions26922B519
    32.8%$381.8M
  2. ETF Ser Solutions26922B493
    30.9%$359.1M
  3. Vanguard Star FDS921909768
    2.2%$25.3M
  4. State Street SPDR Bloomberg Convertible Securities ETF78464A359
    1.9%$22.2M
  5. iShares Tr464288281
    1.9%$22.0M

Share of portfolio

Top 5 holdings and the other 86 positions, by share of portfolio value

  1. ETF Ser Solutions32.8%
  2. ETF Ser Solutions30.9%
  3. Vanguard Star FDS2.2%
  4. State Street SPDR Bloomberg Convertible Securities ETF1.9%
  5. iShares Tr1.9%
  6. Other 86 positions30.3%

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco Exch Traded FD Tr II46138G870
    +$21.3MNew
  2. Invesco Exch Traded FD Tr II46138G508
    +$21.3MNew
  3. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    +$21.2MNew
  4. iShares Tr46429B747
    +$15.0MAdded
  5. State Street Financial Select Sector SPDR ETF81369Y605
    +$9.24MNew

Largest weight increases

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

  1. Invesco Exch Traded FD Tr II46138G870
    +1.84 pp0.0% → 1.8%
  2. Invesco Exch Traded FD Tr II46138G508
    +1.83 pp0.0% → 1.8%
  3. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    +1.82 pp0.0% → 1.8%
  4. iShares Tr46429B747
    +1.26 pp0.5% → 1.8%
  5. State Street Financial Select Sector SPDR ETF81369Y605
    +0.79 pp0.0% → 0.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464288653
    −$26.7MSold out
  2. iShares Tr464287440
    −$21.7MSold out
  3. iShares Tr464288588
    −$21.1MReduced
  4. Vanguard Star FDS921909768
    −$19.2MReduced
  5. Vanguard Total Bond Market ETF921937835
    −$14.4MReduced

Largest weight decreases

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

  1. iShares Tr464288653
    −2.38 pp2.4% → 0.0%
  2. iShares Tr464287440
    −1.93 pp1.9% → 0.0%
  3. iShares Tr464288588
    −1.89 pp2.0% → 0.1%
  4. Vanguard Star FDS921909768
    −1.40 pp3.6% → 2.2%
  5. Vanguard Total Bond Market ETF921937835
    −1.32 pp2.1% → 0.7%

Metrics

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

Portfolio value
$1.16B
+$39.9M (+3.6%) vs. prior quarter
Positions
91
−6 vs. prior quarter
Top 10 concentration
78.2%
Top 10 as share of value
Turnover
15.5%
Q2 2026, one quarter
Average holding period
8.3 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 $1.19B (Q4 2025)

Q1 2021: $682.7MQ2 2021: $763.3MQ3 2021: $799.2MQ4 2021: $823.4MQ1 2022: $769.0MQ2 2022: $672.0MQ3 2022: $646.4MQ4 2022: $715.2MQ1 2023: $756.8MQ2 2023: $789.5MQ3 2023: $751.8MQ4 2023: $809.8MQ1 2024: $873.2MQ2 2024: $913.1MQ3 2024: $965.2MQ4 2024: $935.4MQ1 2025: $964.7MQ2 2025: $1.02BQ3 2025: $1.16BQ4 2025: $1.19BQ1 2026: $1.12BQ2 2026: $1.16B
Q1 2021Q2 2026
13F filings of Estate Counselors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 7, 202691$1.16BETF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q1 2026SEC
Q1 2026May 15, 202697$1.12BETF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q4 2025SEC
Q4 2025Feb 2, 202690$1.19BETF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q3 2025SEC
Q3 2025Oct 31, 202589$1.16BETF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q2 2025SEC
Q2 2025Aug 11, 202582$1.02BETF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q1 2025SEC
Q1 2025May 14, 202591$964.7METF Ser SolutionsETF Ser SolutionsiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q4 2024SEC
Q4 2024Feb 14, 2025101$935.4METF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q3 2024SEC
Q3 2024Nov 12, 2024108$965.2METF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q2 2024SEC
Q2 2024Aug 8, 2024112$913.1METF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q1 2024SEC
Q1 2024May 14, 2024113$873.2METF Ser SolutionsETF Ser SolutionsVanguard Star FDSvs. Q4 2023SEC
Q4 2023Jan 23, 2024118$809.8MVanguard Morningstar Total Stock Market ETFVanguard Scottsdale FDSVanguard Short-Term Bond ETFvs. Q3 2023SEC
Q3 2023Nov 2, 2023124$751.8MiShares Trust iShares 0-1 Year Treasury Bond ETFVanguard Morningstar Total Stock Market ETFInvesco Exchange Traded FD Tvs. Q2 2023SEC
Q2 2023Jul 31, 2023125$789.5MiShares Trust iShares 0-1 Year Treasury Bond ETFVanguard Morningstar Total Stock Market ETFInvesco Exchange Traded FD Tvs. Q1 2023SEC
Q1 2023May 4, 2023126$756.8MiShares Trust iShares 0-1 Year Treasury Bond ETFiShares TrVanguard Short-Term Bond ETFvs. Q4 2022SEC
Q4 2022Feb 8, 2023136$715.2MVanguard Short-Term Bond ETFiShares Trust iShares 0-1 Year Treasury Bond ETFPIMCO Enhanced Short Maturity Active Exchange-Traded Fundvs. Q3 2022SEC
Q3 2022Nov 4, 2022175$646.4MVanguard Short-Term Bond ETFiShares Trust iShares 0-1 Year Treasury Bond ETFVanguard Morningstar Total Stock Market ETFvs. Q2 2022SEC
Q2 2022Aug 3, 2022166$672.0MiShares Trust iShares 0-1 Year Treasury Bond ETFVanguard Short-Term Bond ETFiShares Trvs. Q1 2022SEC
Q1 2022May 9, 2022162$769.0MiShares Trust iShares 0-1 Year Treasury Bond ETFVanguard Short-Term Bond ETFiShares Trvs. Q4 2021SEC
Q4 2021Feb 14, 2022167$823.4MVanguard Short-Term Bond ETFVanguard Morningstar Total Stock Market ETFInvesco Exchange Traded FD Tvs. Q3 2021SEC
Q3 2021Nov 3, 2021175$799.2MVanguard Short-Term Bond ETFVanguard Morningstar Total Stock Market ETFInvesco Exchange Traded FD Tvs. Q2 2021SEC
Q2 2021Aug 3, 2021168$763.3MVanguard Morningstar Total Stock Market ETFInvesco Exchange Traded FD TiShares Trvs. Q1 2021SEC
Q1 2021May 6, 2021166$682.7MVanguard Morningstar Total Stock Market ETFInvesco Exchange Traded FD TVanguard Total Bond Market ETF–SEC