J2 Capital Management Inc
- SEC CIK
- 0001586882
- Latest filing
- Jul 20, 2026
The latest 13F from J2 Capital Management Inc covers Q2 2026 (filed Jul 20, 2026): 123 long positions worth $148.7M. The top 10 holdings make up 54.6% of the portfolio, and the largest is iShares Tr at 14.8%. Livermore has 15 filings on Form 13F from this institution, going back to Q4 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.
- New
- 25
- Est. +$18.5M
- Added
- 31
- Est. +$9.47M
- Reduced
- 59
- Est. −$20.1M
- Sold out
- 18
- Est. −$11.2M
Top 5 holdings
Share of this quarter's portfolio value
- iShares Tr46434V86014.8%$22.0M
- iShares Tr46436E71812.3%$18.3M
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R66310.8%$16.0M
- Invesco Exchange Traded FD T46137V3574.0%$5.99M
- iShares Core High Dividend ETF46429B6632.9%$4.37M
Share of portfolio
Top 5 holdings and the other 118 positions, by share of portfolio value
- iShares Tr14.8%
- iShares Tr12.3%
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF10.8%
- Invesco Exchange Traded FD T4.0%
- iShares Core High Dividend ETF2.9%
- Other 118 positions55.2%
Biggest buys
New and added positions, by estimated amount bought
- iShares Tr46436E718+$6.44MAdded
- Invesco Exchange Traded FD T46137V357+$5.99MNew
- ABBVAbbVie Inc.
- First Tr Exchange-Traded FD33735T109+$1.01MNew
- WisdomTree Tr97717W315+$951.4KNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr46436E718+4.18 pp8.1% → 12.3%
- Invesco Exchange Traded FD T46137V357+4.02 pp0.0% → 4.0%
- ABBVAbbVie Inc.
- First Tr Exchange-Traded FD33735T109+0.68 pp0.0% → 0.7%
- WisdomTree Tr97717W315+0.64 pp0.0% → 0.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Strategy Shs86280R803−$3.67MReduced
- Northern LTS FD Tr III66538R730−$3.47MReduced
- ProShares Tr74349Y837−$2.72MSold out
- iShares Tr46434V860−$2.51MReduced
- FTNTFortinet, Inc.
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Northern LTS FD Tr III66538R730−2.10 pp2.3% → 0.2%
- Strategy Shs86280R803−2.07 pp2.5% → 0.4%
- iShares Tr46434V860−2.01 pp16.8% → 14.8%
- ProShares Tr74349Y837−1.86 pp1.9% → 0.0%
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663−1.07 pp11.8% → 10.8%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $148.7M
- +$2.89M (+2.0%) vs. prior quarter
- Positions
- 123
- +7 vs. prior quarter
- Top 10 concentration
- 54.6%
- Top 10 as share of value
- Turnover
- 19.0%
- Q2 2026, one quarter
- Average holding period
- 5.7 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 (Q4 2021), so positions held before then are understated.
13F filings by quarter
15 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $148.7M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 20, 2026 | 123 | $148.7M | iShares TriShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 21, 2026 | 116 | $145.8M | iShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares Tr | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 20, 2026 | 119 | $137.1M | iShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares Tr | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 14, 2025 | 123 | $132.9M | State Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares TriShares Tr | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 21, 2025 | 116 | $125.5M | State Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares TriShares Tr | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 8, 2025 | 104 | $108.8M | iShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares Tr | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 15, 2025 | 107 | $106.6M | iShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares Tr | – | SEC |
| Q3 2023 | Oct 11, 2023 | 94 | $79.1M | iShares TrPacer Trendpilot US Mid Cap ETFiShares Tr | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 17, 2023 | 97 | $84.2M | iShares TriShares TrPacer Trendpilot US Mid Cap ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 18, 2023 | 88 | $64.6M | iShares TrPacer Trendpilot US Large Cap ETFPacer Trendpilot US Mid Cap ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 17, 2023 | 83 | $58.3M | Cambria ETF TriShares TriShares Tr | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 17, 2022 | 75 | $52.7M | Cambria ETF TriShares TriShares Tr | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 19, 2022 | 87 | $65.6M | Cambria ETF TrStrategy ShsiShares Tr | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 21, 2022 | 98 | $91.2M | Cambria ETF TrStrategy ShsPacer Trendpilot US Bond ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 21, 2022 | 109 | $105.2M | Cambria ETF TriShares Core U.S. Aggregate Bond ETFStrategy Shs | – | SEC |