Skip to main content
Livermore
Livermore
ZHEN

Saxony Capital Management, LLC

SEC CIK
0001561330
Latest filing
Jul 15, 2026

The latest 13F from Saxony Capital Management, LLC covers Q2 2026 (filed Jul 15, 2026): 186 long positions worth $218.2M. The top 10 holdings make up 31.8% of the portfolio, and the largest is Vanguard S&P 500 ETF at 5.1%. 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
44
Est. +$18.0M
Added
65
Est. +$30.9M
Reduced
58
Est. −$14.3M
Sold out
19
Est. −$5.54M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    5.1%$11.2M
  2. METAMeta Platforms, Inc.
    4.6%$10.0MHistory
  3. Invesco QQQ Trust Series I46090E103
    3.5%$7.70M
  4. J P Morgan Exchange Traded F46654Q757
    3.3%$7.13M
  5. NVDANVIDIA Corp
    3.0%$6.59MHistory

Share of portfolio

Top 5 holdings and the other 181 positions, by share of portfolio value

  1. Vanguard S&P 500 ETF5.1%
  2. META4.6%
  3. Invesco QQQ Trust Series I3.5%
  4. J P Morgan Exchange Traded F3.3%
  5. NVDA3.0%
  6. Other 181 positions80.5%

Biggest buys

New and added positions, by estimated amount bought

  1. METAMeta Platforms, Inc.
    +$9.20MAddedHistory
  2. iShares S&P 500 Value ETF464287408
    +$2.46MAdded
  3. State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847
    +$1.56MAdded
  4. Northern Lights FD Tr66538J738
    +$1.37MNew
  5. Northern Lights FD Tr66538J241
    +$1.17MNew

Largest weight increases

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

  1. METAMeta Platforms, Inc.
    +4.11 pp0.5% → 4.6%History
  2. iShares S&P 500 Value ETF464287408
    +0.88 pp1.7% → 2.5%
  3. State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847
    +0.66 pp0.6% → 1.2%
  4. Northern Lights FD Tr66538J738
    +0.63 pp0.0% → 0.6%
  5. Northern Lights FD Tr66538J241
    +0.54 pp0.0% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Russell 2000 ETF464287655
    −$2.30MReduced
  2. Invesco QQQ Trust Series I46090E103
    −$2.14MReduced
  3. iShares MSCI USA Min Vol Factor ETF46429B697
    −$1.49MReduced
  4. AMDAdvanced Micro Devices Inc
    −$862.1KReducedHistory
  5. T Rowe Price Exchange-Traded87283Q404
    −$846.0KReduced

Largest weight decreases

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

  1. iShares Russell 2000 ETF464287655
    −1.12 pp1.7% → 0.5%
  2. Invesco QQQ Trust Series I46090E103
    −0.94 pp4.5% → 3.5%
  3. iShares MSCI USA Min Vol Factor ETF46429B697
    −0.87 pp1.0% → 0.2%
  4. BlackRock ETF Trust II092528819
    −0.70 pp2.8% → 2.1%
  5. iShares Tr464288653
    −0.63 pp1.5% → 0.9%

Metrics

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

Portfolio value
$218.2M
+$45.9M (+26.6%) vs. prior quarter
Positions
186
+25 vs. prior quarter
Top 10 concentration
31.8%
Top 10 as share of value
Turnover
10.2%
Q2 2026, one quarter
Average holding period
7.6 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 $218.2M (Q2 2026)

Q4 2023: $75.5MQ1 2024: $82.9MQ2 2024: $91.0MQ3 2024: $109.2MQ4 2024: $113.6MQ1 2025: $114.0MQ2 2025: $130.5MQ3 2025: $151.7MQ4 2025: $163.1MQ1 2026: $172.3MQ2 2026: $218.2M
Q4 2023Q2 2026
13F filings of Saxony Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 15, 2026186$218.2MVanguard S&P 500 ETFMETAInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026Apr 24, 2026161$172.3MVanguard S&P 500 ETFInvesco QQQ Trust Series IJ P Morgan Exchange Traded Fvs. Q4 2025SEC
Q4 2025Jan 15, 2026161$163.1MVanguard S&P 500 ETFVanguard Total Bond Market ETFInvesco QQQ Trust Series Ivs. Q3 2025SEC
Q3 2025Oct 21, 2025156$151.7MInvesco QQQ Trust Series IVanguard S&P 500 ETFVanguard Total Bond Market ETFvs. Q2 2025SEC
Q2 2025Aug 4, 2025128$130.5MiShares TrVanguard Total Bond Market ETFVanguard S&P 500 ETFvs. Q1 2025SEC
Q1 2025Apr 23, 2025122$114.0MVanguard Total Bond Market ETFVanguard S&P 500 ETFDIAvs. Q4 2024SEC
Q4 2024Jan 23, 2025132$113.6MiShares TrVanguard Total Bond Market ETFNVDAvs. Q3 2024SEC
Q3 2024Oct 22, 2024136$109.2MVanguard Total Bond Market ETFInvesco QQQ Trust Series INVDAvs. Q2 2024SEC
Q2 2024Jul 26, 2024124$91.0MVanguard Total Bond Market ETFNVDAInvesco QQQ Trust Series Ivs. Q1 2024SEC
Q1 2024Apr 30, 2024115$82.9MNVDAiShares TrDimensional ETF Trustvs. Q4 2023SEC
Q4 2023Jan 29, 2024105$75.5MiShares TrAAPLDimensional ETF Trust–SEC