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Livermore
Livermore
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Advisory Services Network, LLC

SEC CIK
0001573876
Latest filing
Aug 12, 2026

The latest 13F from Advisory Services Network, LLC covers Q2 2026 (filed Aug 12, 2026): 2,019 long positions worth $8.77B. The top 10 holdings make up 18.6% of the portfolio, and the largest is Apple Inc. (AAPL) at 2.9%. 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
44
Est. +$46.1M
Added
1147
Est. +$641.2M
Reduced
722
Est. −$258.3M
Sold out
2857
Est. −$186.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    2.9%$257.0MHistory
  2. NVDANVIDIA Corp
    2.9%$255.8MHistory
  3. iShares Core S&P 500 ETF464287200
    2.2%$190.6M
  4. PWRQuanta Services, Inc.
    1.8%$159.6MHistory
  5. WMTWalmart Inc.
    1.6%$143.9MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. First Trust Nasdaq-100 Technology Sector Index Fund337345102
    +$17.1MAdded
  2. iShares MSCI USA Momentum Factor ETF46432F396
    +$16.9MAdded
  3. First Tr Exchange-Traded FD33734X176
    +$16.7MAdded
  4. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    +$16.3MAdded
  5. iShares Core S&P 500 ETF464287200
    +$15.8MAdded

Largest weight increases

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

  1. Invesco QQQ Trust Series I46090E103
    +0.29 pp1.2% → 1.5%
  2. iShares MSCI USA Momentum Factor ETF46432F396
    +0.21 pp0.1% → 0.3%
  3. First Trust Nasdaq-100 Technology Sector Index Fund337345102
    +0.20 pp<0.1% → 0.2%
  4. First Tr Exchange-Traded FD33734X176
    +0.19 pp<0.1% → 0.2%
  5. iShares Core S&P 500 ETF464287200
    +0.15 pp2.0% → 2.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. First Tr Exchange-Traded FD33733E831
    −$15.4MSold out
  2. First Tr Exchange-Traded FD33734X127
    −$14.8MSold out
  3. iShares Core High Dividend ETF46429B663
    −$14.4MReducedConverted for a 5-for-1 split
  4. First Tr Exchange Traded FD33738R811
    −$11.1MReduced
  5. iShares Tr464288844
    −$9.18MReduced

Largest weight decreases

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

  1. XOMExxonMobil Holdings Corp
    −0.23 pp0.6% → 0.4%History
  2. iShares Core High Dividend ETF46429B663
    −0.21 pp0.4% → 0.1%
  3. First Tr Exchange-Traded FD33733E831
    −0.20 pp0.2% → 0.0%
  4. First Tr Exchange-Traded FD33734X127
    −0.20 pp0.2% → 0.0%
  5. CVXChevron Corp
    −0.15 pp0.5% → 0.3%History

Metrics

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

Portfolio value
$8.77B
+$1.25B (+16.6%) vs. prior quarter
Positions
2,019
−2,813 vs. prior quarter
Top 10 concentration
18.6%
Top 10 as share of value
Turnover
5.5%
Q2 2026, one quarter
Average holding period
18.4 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 $8.77B (Q2 2026)

Q1 2021: $2.69BQ2 2021: $3.17BQ3 2021: $3.14BQ4 2021: $3.48BQ1 2022: $3.40BQ2 2022: $2.92BQ3 2022: $2.83BQ4 2022: $3.26BQ1 2023: $3.61BQ2 2023: $3.75BQ3 2023: $3.72BQ4 2023: $4.09BQ1 2024: $4.51BQ2 2024: $4.84BQ3 2024: $4.84BQ4 2024: $5.37BQ1 2025: $5.20BQ2 2025: $6.21BQ3 2025: $6.82BQ4 2025: $7.07BQ1 2026: $7.52BQ2 2026: $8.77B
Q1 2021Q2 2026
13F filings of Advisory Services Network, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 20262,019$8.77BAAPLNVDAiShares Core S&P 500 ETFvs. Q1 2026SEC
Q1 2026May 15, 20264,832$7.52BAAPLNVDAWMTvs. Q4 2025SEC
Q4 2025Feb 17, 20261,801$7.07BNVDAAAPLiShares Core S&P 500 ETFvs. Q3 2025SEC
Q3 2025Nov 18, 20254,516$6.82BNVDAAAPLMSFTvs. Q2 2025SEC
Q2 2025Aug 19, 20251,742$6.21BNVDAAAPLMSFTvs. Q1 2025SEC
Q1 2025May 15, 20251,609$5.20BAAPLNVDAiShares Core S&P 500 ETFvs. Q4 2024SEC
Q4 2024Feb 13, 20251,564$5.37BAAPLNVDAiShares Core S&P 500 ETFvs. Q3 2024SEC
Q3 2024Nov 14, 20241,526$4.84BAAPLNVDAiShares Core S&P 500 ETFvs. Q2 2024SEC
Q2 2024Aug 13, 20241,526$4.84BAAPLNVDAiShares Core S&P 500 ETFvs. Q1 2024SEC
Q1 2024May 6, 20241,453$4.51BAAPLiShares Core S&P 500 ETFMSFTvs. Q4 2023SEC
Q4 2023Feb 9, 20243,876$4.09BAAPLiShares Core S&P 500 ETFMSFTvs. Q3 2023SEC
Q3 2023Nov 14, 20231,472$3.72BAAPLiShares Core S&P 500 ETFMSFTvs. Q2 2023SEC
Q2 2023Aug 9, 20231,436$3.75BAAPLiShares Core S&P 500 ETFMSFTvs. Q1 2023SEC
Q1 2023May 17, 20233,998$3.61BAAPLiShares Core S&P 500 ETFMSFTvs. Q4 2022SEC
Q4 2022Feb 13, 20234,009$3.26BAAPLiShares Core S&P 500 ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q3 2022SEC
Q3 2022Nov 14, 20221,355$2.83BAAPLiShares Core S&P 500 ETFMSFTvs. Q2 2022SEC
Q2 2022Aug 2, 20221,372$2.92BAAPLMSFTiShares Core S&P 500 ETFvs. Q1 2022SEC
Q1 2022May 23, 20221,447$3.40BAAPLiShares Core S&P 500 ETFMSFTvs. Q4 2021SEC
Q4 2021Feb 14, 20221,399$3.48BAAPLAMZNMSFTvs. Q3 2021SEC
Q3 2021Nov 5, 20211,381$3.14BAAPLAMZNInvesco QQQ Trust Series Ivs. Q2 2021SEC
Q2 2021Aug 12, 20213,682$3.17BAAPLAMZNInvesco QQQ Trust Series Ivs. Q1 2021SEC
Q1 2021May 24, 20211,277$2.69BAAPLAMZNInvesco QQQ Trust Series I–SEC