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Livermore
Livermore
ZHEN

DC Investments Management, LLC

SEC CIK
0001565951
Latest filing
Aug 14, 2026

The latest 13F from DC Investments Management, LLC covers Q2 2026 (filed Aug 14, 2026): 55 long positions worth $293.3M. The top 10 holdings make up 71.9% of the portfolio, and the largest is Vanguard Total World Stock ETF at 47.0%. 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
6
Est. +$11.2M
Added
4
Est. +$7.98M
Reduced
2
Est. −$4.31M
Sold out
27
Est. −$11.4M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Total World Stock ETF922042742
    47.0%$137.7M
  2. MDYSPDR S&P Midcap 400 ETF Trust
    7.4%$21.6MHistory
  3. ASMLASML Holding NV
    6.0%$17.5MHistory
  4. UNHUnitedHealth Group Inc
    2.4%$6.94MHistory
  5. INTUIntuit Inc.
    1.9%$5.69MHistory

Share of portfolio

Top 5 holdings and the other 50 positions, by share of portfolio value

  1. Vanguard Total World Stock ETF47.0%
  2. MDY7.4%
  3. ASML6.0%
  4. UNH2.4%
  5. INTU1.9%
  6. Other 50 positions35.4%

Biggest buys

New and added positions, by estimated amount bought

  1. TYLTyler Technologies Inc
    +$3.79MNewHistory
  2. INTUIntuit Inc.
    +$3.13MAddedHistory
  3. SUNBSunbelt Rentals Holdings, Inc.
    +$2.50MNewHistory
  4. TOSTToast, Inc.
    +$2.46MNewHistory
  5. SESea Ltd
    +$2.19MNewHistory

Largest weight increases

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

  1. TYLTyler Technologies Inc
    +1.29 pp0.0% → 1.3%History
  2. SUNBSunbelt Rentals Holdings, Inc.
    +0.85 pp0.0% → 0.9%History
  3. TOSTToast, Inc.
    +0.84 pp0.0% → 0.8%History
  4. SESea Ltd
    +0.75 pp0.0% → 0.7%History
  5. DVNDevon Energy Corp
    +0.39 pp0.9% → 1.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. PDMPiedmont Realty Trust, Inc.
    −$3.10MReducedHistory
  2. CTRACoterra Energy Inc.
    −$2.22MSold outHistory
  3. Vanguard Total World Stock ETF922042742
    −$1.21MReduced
  4. NETCloudflare, Inc.
    −$1.14MSold outHistory
  5. OKTAOkta, Inc.
    −$582.1KSold outHistory

Largest weight decreases

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

  1. CTRACoterra Energy Inc.
    −0.85 pp0.8% → 0.0%History
  2. PDMPiedmont Realty Trust, Inc.
    −0.61 pp1.9% → 1.3%History
  3. NETCloudflare, Inc.
    −0.44 pp0.4% → 0.0%History
  4. OKTAOkta, Inc.
    −0.22 pp0.2% → 0.0%History
  5. ZSZscaler, Inc.
    −0.18 pp0.2% → 0.0%History

Metrics

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

Portfolio value
$293.3M
+$32.0M (+12.3%) vs. prior quarter
Positions
55
−21 vs. prior quarter
Top 10 concentration
71.9%
Top 10 as share of value
Turnover
5.7%
Q2 2026, one quarter
Average holding period
6.5 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 $293.3M (Q2 2026)

Q1 2021: $40.4MQ2 2021: $42.5MQ3 2021: $53.7MQ4 2021: $70.5MQ1 2022: $57.6MQ2 2022: $44.1MQ3 2022: $43.6MQ4 2022: $79.0MQ1 2023: $84.0MQ2 2023: $86.9MQ3 2023: $79.7MQ4 2023: $98.4MQ1 2024: $118.4MQ2 2024: $118.6MQ3 2024: $143.0MQ4 2024: $153.3MQ1 2025: $194.5MQ2 2025: $239.9MQ3 2025: $241.1MQ4 2025: $226.1MQ1 2026: $261.2MQ2 2026: $293.3M
Q1 2021Q2 2026
13F filings of DC Investments Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202655$293.3MVanguard Total World Stock ETFMDYASMLvs. Q1 2026SEC
Q1 2026May 14, 202676$261.2MVanguard Total World Stock ETFMDYASMLvs. Q4 2025SEC
Q4 2025Feb 13, 202648$226.1MVanguard Total World Stock ETFASMLPDMvs. Q3 2025SEC
Q3 2025Nov 10, 202595$241.1MVanguard Total World Stock ETFASMLPDMvs. Q2 2025SEC
Q2 2025Aug 14, 2025104$239.9MVanguard Total World Stock ETFPARRGOGOvs. Q1 2025SEC
Q1 2025May 14, 2025112$194.5MVanguard Total World Stock ETFCALXPDMvs. Q4 2024SEC
Q4 2024Feb 14, 202592$153.3MVanguard Total World Stock ETFiShares TrCALXvs. Q3 2024SEC
Q3 2024Nov 14, 202487$143.0MFirst Trust Cloud Computing ETFiShares TrPDMvs. Q2 2024SEC
Q2 2024Aug 13, 202485$118.6MFirst Trust Cloud Computing ETFCALXFANGvs. Q1 2024SEC
Q1 2024May 14, 202491$118.4MFirst Trust Cloud Computing ETFFANGCALXvs. Q4 2023SEC
Q4 2023Feb 13, 202475$98.4MFirst Trust Cloud Computing ETFCALXFANGvs. Q3 2023SEC
Q3 2023Nov 14, 202385$79.7MState Street SPDR S&P Regional Banking ETFFANGGOGOvs. Q2 2023SEC
Q2 2023Aug 10, 202381$86.9MState Street SPDR S&P Regional Banking ETFGOGOLSPDvs. Q1 2023SEC
Q1 2023May 15, 202382$84.0MState Street SPDR S&P Regional Banking ETFPDMFANGvs. Q4 2022SEC
Q4 2022Feb 14, 202358$79.0MPDMMDUFANGvs. Q3 2022SEC
Q3 2022Nov 14, 202229$43.6MLSPDMDUFANGvs. Q2 2022SEC
Q2 2022Aug 12, 202240$44.1MLSPDMDUGRBKvs. Q1 2022SEC
Q1 2022May 13, 202246$57.6MMDULSPDGRBKvs. Q4 2021SEC
Q4 2021Feb 11, 202256$70.5MInvesco Exchange Traded FD TMDUMEIvs. Q3 2021SEC
Q3 2021Nov 12, 202153$53.7MMDUMEIMTORvs. Q2 2021SEC
Q2 2021Aug 13, 202142$42.5MMDUBEAMMYRGvs. Q1 2021SEC
Q1 2021May 14, 202143$40.4MLightspeed Pos IncParamount GlobalMYRG–SEC