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Livermore
Livermore
ZHEN

Winch Advisory Services, LLC

SEC CIK
0001585822
Latest filing
Aug 6, 2026

The latest 13F from Winch Advisory Services, LLC covers Q2 2026 (filed Aug 6, 2026): 567 long positions worth $481.4M. The top 10 holdings make up 57.6% of the portfolio, and the largest is SPDR Series Trust at 11.3%. 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
52
Est. +$1.76M
Added
220
Est. +$5.14M
Reduced
53
Est. −$8.70M
Sold out
15
Est. −$174.0K

Top 5 holdings

Share of this quarter's portfolio value

  1. SPDR Series Trust78464A805
    11.3%$54.2M
  2. NVDANVIDIA Corp
    7.8%$37.4MHistory
  3. AAPLApple Inc.
    6.3%$30.5MHistory
  4. Vanguard Scottsdale FDS92206C102
    6.1%$29.4M
  5. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    5.6%$27.0M

Biggest buys

New and added positions, by estimated amount bought

  1. HONAHoneywell Aerospace Inc.
    +$777.8KNewHistory
  2. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    +$470.2KAdded
  3. SPYSPDR S&P 500 ETF Trust
    +$339.1KAddedHistory
  4. Vanguard Scottsdale FDS92206C102
    +$331.6KAdded
  5. Capital Grp Fixed Incm ETF T14020Y300
    +$307.4KAdded

Largest weight increases

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

  1. SPDR Series Trust78464A805
    +0.51 pp10.8% → 11.3%
  2. MUMicron Technology Inc
    +0.49 pp0.2% → 0.7%History
  3. Invesco QQQ Trust Series I46090E103
    +0.25 pp1.4% → 1.7%
  4. HONAHoneywell Aerospace Inc.
    +0.16 pp0.0% → 0.2%History
  5. VanEck Semiconductor ETF92189F676
    +0.16 pp0.3% → 0.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. ORCLOracle Corp
    −$2.48MReducedHistory
  2. NVDANVIDIA Corp
    −$990.0KReducedHistory
  3. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    −$810.5KReduced
  4. HONHoneywell International Inc
    −$809.8KReducedHistory
  5. GOOGAlphabet Inc.
    −$656.1KReducedHistory

Largest weight decreases

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

  1. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −0.47 pp5.1% → 4.7%
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    −0.41 pp2.7% → 2.3%
  3. Goldman Sachs ETF Tr381430529
    −0.27 pp2.7% → 2.5%
  4. HONHoneywell International Inc
    −0.20 pp0.4% → 0.2%History
  5. BRK.BBerkshire Hathaway Inc
    −0.14 pp2.7% → 2.6%History

Metrics

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

Portfolio value
$481.4M
+$43.4M (+9.9%) vs. prior quarter
Positions
567
+37 vs. prior quarter
Top 10 concentration
57.6%
Top 10 as share of value
Turnover
1.5%
Q2 2026, one quarter
Average holding period
19.8 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 $481.4M (Q2 2026)

Q1 2021: $249.5MQ2 2021: $278.1MQ3 2021: $286.9MQ4 2021: $302.4MQ1 2022: $287.6MQ2 2022: $245.1MQ3 2022: $232.8MQ4 2022: $234.4MQ1 2023: $257.7MQ2 2023: $278.5MQ3 2023: $272.6MQ4 2023: $301.5MQ1 2024: $327.4MQ2 2024: $349.7MQ3 2024: $361.6MQ4 2024: $384.5MQ1 2025: $378.2MQ2 2025: $409.6MQ3 2025: $444.4MQ4 2025: $452.1MQ1 2026: $438.1MQ2 2026: $481.4M
Q1 2021Q2 2026
13F filings of Winch Advisory Services, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 2026567$481.4MSPDR Series TrustNVDAAAPLvs. Q1 2026SEC
Q1 2026Apr 30, 2026530$438.1MSPDR Series TrustNVDAVanguard Scottsdale FDSvs. Q4 2025SEC
Q4 2025Feb 3, 2026519$452.1MSPDR Series TrustNVDAAAPLvs. Q3 2025SEC
Q3 2025Nov 12, 2025518$444.4MSPDR Series TrustNVDAVanguard Scottsdale FDSvs. Q2 2025SEC
Q2 2025Aug 7, 2025510$409.6MSPDR Series TrustNVDAVanguard Scottsdale FDSvs. Q1 2025SEC
Q1 2025May 6, 2025504$378.2MSPDR Series TrustVanguard Scottsdale FDSAAPLvs. Q4 2024SEC
Q4 2024Jan 14, 2025554$384.5MSPDR Series TrustAAPLNVDAvs. Q3 2024SEC
Q3 2024Oct 21, 2024469$361.6MSPDR Series TrustAAPLNVDAvs. Q2 2024SEC
Q2 2024Jul 31, 2024460$349.7MSPDR Series TrustNVDAAAPLvs. Q1 2024SEC
Q1 2024May 14, 2024451$327.4MSPDR Series TrustNVDAAAPLvs. Q4 2023SEC
Q4 2023Jan 18, 2024446$301.5MSPDR Series TrustVanguard Scottsdale FDSAAPLvs. Q3 2023SEC
Q3 2023Nov 6, 2023455$272.6MState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q2 2023SEC
Q2 2023Aug 8, 2023461$278.5MState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q1 2023SEC
Q1 2023May 10, 2023459$257.7MState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q4 2022SEC
Q4 2022Jan 26, 2023449$234.4MState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Scottsdale FDSSPDR Series Trustvs. Q3 2022SEC
Q3 2022Oct 31, 2022430$232.8MVanguard Scottsdale FDSState Street SPDR Bloomberg 1-3 Month T-Bill ETFSPDR Series Trustvs. Q2 2022SEC
Q2 2022Aug 12, 2022459$245.1MVanguard Scottsdale FDSState Street SPDR Bloomberg 1-3 Month T-Bill ETFAAPLvs. Q1 2022SEC
Q1 2022Apr 26, 2022491$287.6MVanguard Scottsdale FDSState Street SPDR Bloomberg 1-3 Month T-Bill ETFAAPLvs. Q4 2021SEC
Q4 2021Feb 4, 2022503$302.4MAAPLVanguard Scottsdale FDSState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q3 2021SEC
Q3 2021Nov 10, 2021508$286.9MVanguard Scottsdale FDSState Street SPDR Bloomberg 1-3 Month T-Bill ETFAAPLvs. Q2 2021SEC
Q2 2021Aug 5, 2021509$278.1MAAPLSPDR Series TrustVanguard Scottsdale FDSvs. Q1 2021SEC
Q1 2021May 3, 2021481$249.5MSPDR Series TrustAAPLVanguard Scottsdale FDS–SEC