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Livermore
Livermore
ZHEN

Exencial Wealth Advisors, LLC

SEC CIK
0001576151
Latest filing
Apr 28, 2026

The latest 13F from Exencial Wealth Advisors, LLC covers Q1 2026 (filed Apr 28, 2026): 563 long positions worth $3.22B. The top 10 holdings make up 22.7% of the portfolio, and the largest is Apple Inc. (AAPL) at 3.6%. Livermore has 21 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q1 2026

Share counts compared with Q4 2025: 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
59
Est. +$29.7M
Added
244
Est. +$223.8M
Reduced
240
Est. −$122.2M
Sold out
36
Est. −$25.4M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    3.6%$115.9MHistory
  2. Dimensional ETF Trust25434V815
    3.0%$98.0M
  3. Invesco Exchange Traded FD T46137V357
    2.5%$79.7M
  4. MSFTMicrosoft Corp
    2.3%$75.4MHistory
  5. Vanguard Morningstar Value ETF922908744
    2.1%$67.4M

Share of portfolio

Top 5 holdings and the other 558 positions, by share of portfolio value

  1. AAPL3.6%
  2. Dimensional ETF Trust3.0%
  3. Invesco Exchange Traded FD T2.5%
  4. MSFT2.3%
  5. Vanguard Morningstar Value ETF2.1%
  6. Other 558 positions86.4%

Biggest buys

New and added positions, by estimated amount bought

  1. Dimensional ETF Trust25434V815
    +$25.6MAdded
  2. Dimensional ETF Trust25434V666
    +$13.6MAdded
  3. Schwab U.S. Mid-Cap ETF808524508
    +$12.0MAdded
  4. Dimensional ETF Trust25434V781
    +$11.6MAdded
  5. Invesco Exchange Traded FD T46137V357
    +$11.5MAdded

Largest weight increases

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

  1. Dimensional ETF Trust25434V815
    +0.89 pp2.2% → 3.0%
  2. Dimensional ETF Trust25434V666
    +0.45 pp1.0% → 1.5%
  3. Schwab U.S. Mid-Cap ETF808524508
    +0.39 pp1.5% → 1.9%
  4. Dimensional ETF Trust25434V781
    +0.38 pp1.1% → 1.4%
  5. Dimensional ETF Trust25434V807
    +0.34 pp1.4% → 1.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MDTMedtronic plc
    −$11.3MReducedHistory
  2. CDWCDW Corp
    −$7.85MSold outHistory
  3. BRK.BBerkshire Hathaway Inc
    −$7.09MReducedHistory
  4. GLDSPDR Gold Trust
    −$6.96MReducedHistory
  5. GEHCGE HealthCare Technologies Inc.
    −$6.27MReducedHistory

Largest weight decreases

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

  1. MSFTMicrosoft Corp
    −0.81 pp3.1% → 2.3%History
  2. MDTMedtronic plc
    −0.40 pp0.4% → <0.1%History
  3. GOOGAlphabet Inc.
    −0.32 pp2.2% → 1.9%History
  4. BRK.BBerkshire Hathaway Inc
    −0.32 pp1.5% → 1.2%History
  5. MAMastercard Inc
    −0.30 pp0.8% → 0.5%History

Metrics

13F metrics for Q1 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$3.22B
+$59.5M (+1.9%) vs. prior quarter
Positions
563
+23 vs. prior quarter
Top 10 concentration
22.7%
Top 10 as share of value
Turnover
4.6%
Q1 2026, one quarter
Average holding period
17.5 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

21 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $3.22B (Q1 2026)

Q1 2021: $1.69BQ2 2021: $1.85BQ3 2021: $2.30BQ4 2021: $2.06BQ1 2022: $1.99BQ2 2022: $1.75BQ3 2022: $1.64BQ4 2022: $1.84BQ1 2023: $1.93BQ2 2023: $2.18BQ3 2023: $2.06BQ4 2023: $2.45BQ1 2024: $2.67BQ2 2024: $2.65BQ3 2024: $2.78BQ4 2024: $2.72BQ1 2025: $2.70BQ2 2025: $2.84BQ3 2025: $3.07BQ4 2025: $3.16BQ1 2026: $3.22B
Q1 2021Q1 2026
13F filings of Exencial Wealth Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q1 2026Apr 28, 2026563$3.22BAAPLDimensional ETF TrustInvesco Exchange Traded FD Tvs. Q4 2025SEC
Q4 2025Jan 30, 2026540$3.16BAAPLMSFTGOOGvs. Q3 2025SEC
Q3 2025Oct 27, 2025520$3.07BAAPLMSFTVanguard Morningstar Value ETFvs. Q2 2025SEC
Q2 2025Jul 30, 2025489$2.84BMSFTAAPLVanguard Morningstar Value ETFvs. Q1 2025SEC
Q1 2025May 9, 2025494$2.70BAAPLMSFTVanguard Morningstar Value ETFvs. Q4 2024SEC
Q4 2024Feb 6, 2025490$2.72BAAPLMSFTVanguard Morningstar Value ETFvs. Q3 2024SEC
Q3 2024Oct 31, 2024484$2.78BAAPLMSFTVanguard Morningstar Value ETFvs. Q2 2024SEC
Q2 2024Aug 12, 2024476$2.65BAAPLMSFTVanguard Morningstar Value ETFvs. Q1 2024SEC
Q1 2024May 10, 2024488$2.67BAAPLMSFTVanguard Morningstar Value ETFvs. Q4 2023SEC
Q4 2023Feb 13, 2024470$2.45BAAPLMSFTVanguard Morningstar Value ETFvs. Q3 2023SEC
Q3 2023Nov 8, 2023416$2.06BAAPLMSFTVanguard Morningstar Small-Cap Value ETFvs. Q2 2023SEC
Q2 2023Aug 10, 2023428$2.18BAAPLMSFTVanguard Morningstar Small-Cap Value ETFvs. Q1 2023SEC
Q1 2023May 2, 2023409$1.93BAAPLMSFTVanguard Morningstar Small-Cap Value ETFvs. Q4 2022SEC
Q4 2022Feb 14, 2023415$1.84BAAPLMSFTVanguard Morningstar Small-Cap Value ETFvs. Q3 2022SEC
Q3 2022Nov 8, 2022414$1.64BAAPLMSFTTSLAvs. Q2 2022SEC
Q2 2022Aug 11, 2022416$1.75BAAPLMSFTVanguard Morningstar Small-Cap Value ETFvs. Q1 2022SEC
Q1 2022May 12, 2022440$1.99BAAPLMSFTVanguard Morningstar Small-Cap Value ETFvs. Q4 2021SEC
Q4 2021Feb 10, 2022461$2.06BAAPLMSFTVanguard Morningstar Small-Cap Value ETFvs. Q3 2021SEC
Q3 2021Nov 4, 2021324$2.30BiShares S&P Small-Cap 600 Value ETFVanguard Morningstar Small-Cap Value ETFSchwab Fundamental International Equity ETFvs. Q2 2021SEC
Q2 2021Aug 16, 2021442$1.85BMSFTVanguard Morningstar Small-Cap Value ETFAAPLvs. Q1 2021SEC
Q1 2021May 6, 2021422$1.69BAAPLMSFTVanguard Morningstar Small-Cap Value ETF–SEC

13D and 13G filings

Companies where Exencial Wealth Advisors, LLC reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

1 company, largest stake first.

Companies where Exencial Wealth Advisors, LLC owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
ProShares TrustProShares Merger ETF13G/A8.30%29.1K shares−1.20 ppfrom 9.50%Feb 12, 20255 filingsApr 29, 2026SEC

Latest filings

7 filings on file made by Exencial Wealth Advisors, LLC or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Exencial Wealth Advisors, LLC
CompanyFiled (ET)FormStakeChangeEvent dateFiling
ProShares TrustProShares Merger ETFApr 29, 20262:44 PM ET13G/A8.30%29.1K shares−1.20 ppfrom 9.50%Mar 31, 2026SEC
ProShares TrustProShares Merger ETFOct 8, 202512:34 PM ET13G/A9.50%26.1K shares0.00 ppfrom 9.50%Sep 30, 2025SEC
ProShares TrustProShares Merger ETFOct 8, 202512:13 PM ET13G/A9.50%26.1K shares−0.80 ppfrom 10.30%Sep 30, 2025SEC
ProShares TrustProShares Merger ETFApr 3, 20255:28 PM ET13G/A10.30%25.6K shares+1.40 ppfrom 8.90%Mar 31, 2025SEC
ProShares TrustProShares Merger ETFFeb 12, 20253:06 PM ET13G/A8.90%24.5K shares–Dec 31, 2024SEC
Exencial Wealth Advisors, LLCNov 1, 20241:45 PM ET13GOld format–––SEC
Exencial Wealth Advisors, LLCFeb 14, 20245:06 PM ET13GOld format–New–SEC