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Livermore
Livermore
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Advisory Alpha, LLC

SEC CIK
0001576762
Latest filing
Aug 11, 2026

The latest 13F from Advisory Alpha, LLC covers Q2 2026 (filed Aug 11, 2026): 571 long positions worth $4.08B. The top 10 holdings make up 47.8% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 Growth ETF at 8.4%. Livermore has 25 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
69
Est. +$29.2M
Added
291
Est. +$148.7M
Reduced
181
Est. −$110.3M
Sold out
43
Est. −$14.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    8.4%$343.7M
  2. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    7.4%$300.2M
  3. Schwab U.S. Mid-Cap ETF808524508
    6.3%$257.5M
  4. State Street Technology Select Sector SPDR ETF81369Y803
    5.9%$241.6M
  5. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    4.9%$201.6M

Biggest buys

New and added positions, by estimated amount bought

  1. State Street Technology Select Sector SPDR ETF81369Y803
    +$10.9MAdded
  2. State Street Consumer Staples Select Sector SPDR ETF81369Y308
    +$9.14MAdded
  3. Innovator ETFs Trust45782C748
    +$6.96MAdded
  4. Vanguard Morningstar Growth ETF922908736
    +$5.92MAdded
  5. State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474
    +$4.48MAdded

Largest weight increases

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

  1. State Street Technology Select Sector SPDR ETF81369Y803
    +1.53 pp4.4% → 5.9%
  2. Innovator ETFs Trust45782C748
    +0.16 pp0.2% → 0.3%
  3. State Street Consumer Staples Select Sector SPDR ETF81369Y308
    +0.13 pp1.1% → 1.2%
  4. Dimensional ETF Trust25434V104
    +0.11 pp1.0% → 1.2%
  5. Innovator ETFs Trust45782C318
    +0.10 pp<0.1% → 0.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street Utilities Select Sector SPDR ETF81369Y886
    −$15.5MReduced
  2. Innovator ETFs Trust45782C680
    −$7.66MReduced
  3. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    −$7.38MReduced
  4. State Street Industrial Select Sector SPDR ETF81369Y704
    −$6.57MReduced
  5. DEDeere & Co
    −$6.40MReducedHistory

Largest weight decreases

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

  1. State Street Utilities Select Sector SPDR ETF81369Y886
    −0.47 pp0.8% → 0.4%
  2. Ssga Active ETF Tr78467V608
    −0.33 pp2.6% → 2.2%
  3. SPDR Series Trust78468R606
    −0.30 pp3.0% → 2.7%
  4. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    −0.28 pp7.6% → 7.4%
  5. Innovator ETFs Trust45782C680
    −0.20 pp0.3% → 0.1%

Metrics

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

Portfolio value
$4.08B
+$417.8M (+11.4%) vs. prior quarter
Positions
571
+26 vs. prior quarter
Top 10 concentration
47.8%
Top 10 as share of value
Turnover
3.2%
Q2 2026, one quarter
Average holding period
18.6 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 (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 $4.08B (Q2 2026)

Q1 2021: $992.3MQ2 2021: $1.22BQ3 2021: $1.45BQ4 2021: $1.72BQ1 2022: $1.55BQ2 2022: $1.33BQ3 2022: $1.31BQ4 2022: $1.41BQ1 2023: $1.57BQ2 2023: $1.95BQ3 2023: $1.94BQ4 2023: $2.18BQ1 2024: $2.44BQ2 2024: $2.54BQ3 2024: $2.81BQ4 2024: $2.81BQ1 2025: $2.94BQ2 2025: $3.21BQ3 2025: $3.59BQ4 2025: $3.67BQ1 2026: $3.66BQ2 2026: $4.08B
Q1 2021Q2 2026
13F filings of Advisory Alpha, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 11, 2026571$4.08BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q1 2026SEC
Q1 2026May 14, 2026545$3.66BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q4 2025SEC
Q4 2025Feb 6, 2026519$3.67BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q3 2025SEC
Q3 2025Nov 12, 2025516$3.59BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q2 2025SEC
Q2 2025Aug 1, 2025481$3.21BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q1 2025SEC
Q1 2025May 19, 2025Amended455$2.94BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q4 2024SEC
Q4 2024Jan 17, 2025437$2.81BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q3 2024SEC
Q3 2024Nov 12, 2024423$2.81BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFState Street SPDR Portfolio Developed World Ex-US ETFvs. Q2 2024SEC
Q2 2024Aug 21, 2024395$2.54BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q1 2024SEC
Q1 2024May 6, 2024384$2.44BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q4 2023SEC
Q4 2023Jan 23, 2024345$2.18BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q3 2023SEC
Q3 2023Oct 18, 2023302$1.94BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q2 2023SEC
Q2 2023Jul 25, 2023326$1.95BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q1 2023SEC
Q1 2023May 2, 2023281$1.57BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q4 2022SEC
Q4 2022Jan 30, 2023261$1.41BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q3 2022SEC
Q3 2022Oct 12, 2022240$1.31BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q2 2022SEC
Q2 2022Jul 15, 2022246$1.33BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q1 2022SEC
Q1 2022May 2, 2022265$1.55BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFSchwab U.S. Mid-Cap ETFvs. Q4 2021SEC
Q4 2021Feb 4, 2022259$1.72BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFState Street SPDR Portfolio Aggregate Bond ETFvs. Q3 2021SEC
Q3 2021Feb 4, 2022Amended238$1.45BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFState Street SPDR Portfolio Aggregate Bond ETFvs. Q2 2021SECSEC
Q2 2021Aug 13, 2021188$1.22BState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFState Street SPDR Portfolio Aggregate Bond ETFvs. Q1 2021SEC
Q1 2021May 20, 2021Amended180$992.3MState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFState Street SPDR Portfolio Aggregate Bond ETF–SECSEC