Skip to main content
Livermore
Livermore
ZHEN

Beacon Capital Management, Inc.

SEC CIK
0001575301
Latest filing
Aug 13, 2026

The latest 13F from Beacon Capital Management, Inc. covers Q2 2026 (filed Aug 13, 2026): 131 long positions worth $1.65B. The top 10 holdings make up 57.1% of the portfolio, and the largest is Invesco QQQ Trust Series I at 6.7%. Livermore has 23 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
8
Est. +$11.3M
Added
24
Est. +$66.0M
Reduced
44
Est. −$306.6M
Sold out
16
Est. −$655.4K

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    6.7%$109.9M
  2. Vanguard Information Technology ETF92204A702
    6.1%$101.6M
  3. Vanguard Industrials ETF92204A603
    6.1%$101.2M
  4. SPYSPDR S&P 500 ETF Trust
    5.8%$95.2MHistory
  5. Vanguard Health Care ETF92204A504
    5.6%$92.8M

Share of portfolio

Top 5 holdings and the other 126 positions, by share of portfolio value

  1. Invesco QQQ Trust Series I6.7%
  2. Vanguard Information Technology ETF6.1%
  3. Vanguard Industrials ETF6.1%
  4. SPY5.8%
  5. Vanguard Health Care ETF5.6%
  6. Other 126 positions69.7%

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco QQQ Trust Series I46090E103
    +$34.9MAdded
  2. Vanguard Communication Services ETF92204A884
    +$10.3MAdded
  3. Invesco Exchange Traded FD T46137V357
    +$8.65MAdded
  4. WisdomTree Bloomberg US Dollar Bullish Fund97717W471
    +$8.10MNew
  5. Vanguard Information Technology ETF92204A702
    +$5.14MAddedConverted for a 8-for-1 split

Largest weight increases

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

  1. Invesco QQQ Trust Series I46090E103
    +3.34 pp3.3% → 6.7%
  2. Vanguard Information Technology ETF92204A702
    +2.19 pp4.0% → 6.1%
  3. Vanguard Communication Services ETF92204A884
    +1.04 pp4.1% → 5.2%
  4. Invesco Exchange Traded FD T46137V357
    +0.52 pp<0.1% → 0.5%
  5. WisdomTree Bloomberg US Dollar Bullish Fund97717W471
    +0.49 pp0.0% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPDR Series Trust78468R200
    −$35.8MReduced
  2. Vanguard Malvern FDS922020805
    −$31.2MReduced
  3. Vanguard Scottsdale FDS92206C102
    −$27.0MReduced
  4. Vanguard Scottsdale FDS92206C409
    −$26.3MReduced
  5. Vanguard World FD921910709
    −$22.4MReduced

Largest weight decreases

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

  1. SPDR Series Trust78468R200
    −1.91 pp3.3% → 1.4%
  2. Vanguard Malvern FDS922020805
    −1.58 pp3.7% → 2.2%
  3. Vanguard Scottsdale FDS92206C102
    −1.46 pp2.5% → 1.1%
  4. Vanguard Energy ETF92204A306
    −1.44 pp7.0% → 5.6%
  5. Vanguard Scottsdale FDS92206C409
    −1.41 pp2.5% → 1.1%

Metrics

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

Portfolio value
$1.65B
−$125.1M (−7.0%) vs. prior quarter
Positions
131
−8 vs. prior quarter
Top 10 concentration
57.1%
Top 10 as share of value
Turnover
4.5%
Q2 2026, one quarter
Average holding period
18.2 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 $3.13B (Q1 2022)

Q1 2021: $2.47BQ2 2021: $2.27BQ3 2021: $2.70BQ4 2021: $3.00BQ1 2022: $3.13BQ2 2022: $2.88BQ3 2022: $2.73BQ4 2022: $2.74BQ1 2023: $2.85BQ2 2023: $2.87BQ3 2023: $2.70BQ4 2023: $2.48BQ1 2024: $2.39BQ2 2024: $2.32BQ3 2024: $2.40BQ4 2024: $2.31BQ1 2025: $2.01BQ2 2025: $1.94BQ3 2025: $2.09BQ4 2025: $1.87BQ1 2026: $1.78BQ2 2026: $1.65B
Q1 2021Q2 2026
13F filings of Beacon Capital Management, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026131$1.65BInvesco QQQ Trust Series IVanguard Information Technology ETFVanguard Industrials ETFvs. Q1 2026SEC
Q1 2026May 8, 2026Amended139$1.78BVanguard Energy ETFVanguard Utilities ETFVanguard Materials ETFvs. Q4 2025SEC
Q4 2025Feb 12, 2026138$1.87BInvesco QQQ Trust Series IVanguard Communication Services ETFVanguard Information Technology ETFvs. Q3 2025SEC
Q3 2025Oct 16, 2025151$2.09BVanguard Communication Services ETFVanguard Information Technology ETFVanguard Utilities ETFvs. Q2 2025SEC
Q2 2025Sep 4, 2025125$1.94BVanguard Short-Term Bond ETFVanguard Utilities ETFVanguard Communication Services ETFvs. Q1 2025SEC
Q1 2025May 21, 202535$2.01BVanguard Short-Term Bond ETFVanguard Intermediate-Term Bond ETFVanguard BD Index FDSvs. Q4 2024SEC
Q4 2024Feb 11, 202528$2.31BState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Consumer Discretionary ETFVanguard Communication Services ETFvs. Q3 2024SEC
Q3 2024Oct 15, 202429$2.40BState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Utilities ETFVanguard Communication Services ETFvs. Q2 2024SEC
Q2 2024Aug 5, 202426$2.32BState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Information Technology ETFVanguard Communication Services ETFvs. Q1 2024SEC
Q1 2024Apr 11, 202426$2.39BState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Energy ETFVanguard Industrials ETFvs. Q4 2023SEC
Q4 2023Jan 17, 202469$2.48BState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard BD Index FDSVanguard Intermediate-Term Bond ETFvs. Q3 2023SEC
Q3 2023Oct 10, 202362$2.70BVanguard Short-Term Bond ETFVanguard Energy ETFVanguard Communication Services ETFvs. Q2 2023SEC
Q2 2023Jul 13, 202362$2.87BVanguard Short-Term Bond ETFVanguard Intermediate-Term Bond ETFVanguard BD Index FDSvs. Q1 2023SEC
Q1 2023Apr 24, 202391$2.85BVanguard Short-Term Bond ETFVanguard Information Technology ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q4 2022SEC
Q4 2022Jan 12, 2023103$2.74BVanguard Short-Term Bond ETFVanguard Consumer Staples ETFVanguard Health Care ETFvs. Q3 2022SEC
Q3 2022Oct 11, 202279$2.73BVanguard Short-Term Bond ETFInvesco DB G10 Currency HarvState Street SPDR Portfolio S&P 500 ETFvs. Q2 2022SEC
Q2 2022Jul 20, 2022106$2.88BVanguard Short-Term Bond ETFVanguard Malvern FDSVanguard Energy ETFvs. Q1 2022SEC
Q1 2022Apr 7, 202274$3.13BVanguard Short-Term Bond ETFVanguard Energy ETFVanguard Materials ETFvs. Q4 2021SEC
Q4 2021Jan 4, 202266$3.00BVanguard Consumer Discretionary ETFVanguard Energy ETFVanguard Information Technology ETFvs. Q3 2021SEC
Q3 2021Oct 13, 202190$2.70BVanguard Energy ETFVanguard Financials ETFVanguard Consumer Discretionary ETFvs. Q2 2021SEC
Q2 2021Jul 22, 202127$2.27BVanguard Energy ETFInvesco QQQ Trust Series IVanguard Consumer Discretionary ETFvs. Q1 2021SEC
Q1 2021Apr 14, 202158$2.47BVanguard Short-Term Bond ETFVanguard Energy ETFVanguard Consumer Discretionary ETF–SEC