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Livermore
Livermore
ZHEN

Armor Advisors, L.L.C.

SEC CIK
0001600698
Latest filing
Aug 10, 2026

The latest 13F from Armor Advisors, L.L.C. covers Q2 2026 (filed Aug 10, 2026): 15 long positions worth $122.4M. The top 10 holdings make up 91.2% of the portfolio, and the largest is CRH Public Ltd Co (CRH) at 21.9%. Livermore has 24 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
1
Est. +$7.03M
Added
5
Est. +$31.5M
Reduced
9
Est. −$2.49M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. CRHCRH Public Ltd Co
    21.9%$26.8MHistory
  2. NMMNavios Maritime Partners L.P.
    11.2%$13.7MHistory
  3. ZBHZimmer Biomet Holdings, Inc.
    10.6%$13.0MHistory
  4. ZTSZoetis Inc.
    9.8%$12.0MHistory
  5. KSPIJoint Stock Co Kaspi.kz
    9.7%$11.9MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. ZTSZoetis Inc.
    +$9.69MAddedHistory
  2. ZBHZimmer Biomet Holdings, Inc.
    +$8.97MAddedHistory
  3. DVNDevon Energy Corp
    +$7.74MAddedHistory
  4. BDXBecton Dickinson & Co
    +$7.03MNewHistory
  5. EOGEOG Resources Inc
    +$4.67MAddedHistory

Largest weight increases

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

  1. ZBHZimmer Biomet Holdings, Inc.
    +5.90 pp4.7% → 10.6%History
  2. BDXBecton Dickinson & Co
    +5.75 pp0.0% → 5.7%History
  3. DVNDevon Energy Corp
    +5.68 pp1.6% → 7.3%History
  4. ZTSZoetis Inc.
    +5.55 pp4.3% → 9.8%History
  5. EOGEOG Resources Inc
    +3.65 pp0.5% → 4.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CRHCRH Public Ltd Co
    −$761.0KReducedHistory
  2. FERGFerguson Enterprises Inc.
    −$456.1KReducedHistory
  3. NMMNavios Maritime Partners L.P.
    −$391.3KReducedHistory
  4. KSPIJoint Stock Co Kaspi.kz
    −$338.7KReducedHistory
  5. AGIAlamos Gold Inc
    −$223.4KReducedHistory

Largest weight decreases

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

  1. CRHCRH Public Ltd Co
    −8.28 pp30.2% → 21.9%History
  2. AGIAlamos Gold Inc
    −6.75 pp13.2% → 6.4%History
  3. NMMNavios Maritime Partners L.P.
    −3.94 pp15.2% → 11.2%History
  4. KSPIJoint Stock Co Kaspi.kz
    −1.93 pp11.6% → 9.7%History
  5. SKESkeena Resources Ltd
    −1.76 pp4.9% → 3.1%History

Metrics

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

Portfolio value
$122.4M
+$32.7M (+36.4%) vs. prior quarter
Positions
15
+1 vs. prior quarter
Top 10 concentration
91.2%
Top 10 as share of value
Turnover
2.3%
Q2 2026, one quarter
Average holding period
6.1 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 $230.5M (Q2 2021)

Q1 2021: $203.0MQ2 2021: $230.5MQ3 2021: $199.5MQ4 2021: $191.4MQ1 2022: $178.6MQ2 2022: $114.4MQ3 2022: $94.5MQ4 2022: $108.2MQ1 2023: $116.7MQ2 2023: $102.6MQ3 2023: $100.6MQ4 2023: $103.6MQ1 2024: $139.4MQ2 2024: $126.3MQ3 2024: $120.4MQ4 2024: $82.0MQ1 2025: $101.6MQ2 2025: $100.7MQ3 2025: $105.5MQ4 2025: $95.5MQ1 2026: $89.8MQ2 2026: $122.4M
Q1 2021Q2 2026
13F filings of Armor Advisors, L.L.C. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 10, 202615$122.4MCRHNMMZBHvs. Q1 2026SEC
Q1 2026May 15, 202614$89.8MCRHNMMAGIvs. Q4 2025SEC
Q4 2025Feb 10, 202613$95.5MCRHNMMKSPIvs. Q3 2025SEC
Q3 2025Nov 10, 202513$105.5MCRHFNVRGLDvs. Q2 2025SEC
Q2 2025Aug 14, 202514$100.7MCRHFNVRGLDvs. Q1 2025SEC
Q1 2025May 9, 202514$101.6MCRHFNVFERGvs. Q4 2024SEC
Q4 2024Feb 14, 202511$82.0MCRHFNVFERGvs. Q3 2024SEC
Q3 2024Nov 14, 202411$120.4MCRHNMMXPvs. Q2 2024SEC
Q2 2024Aug 14, 202411$126.3MKSPICRHXPvs. Q1 2024SEC
Q1 2024May 15, 202412$139.4MKSPICRHFNVvs. Q4 2023SEC
Q4 2023Feb 13, 202412$103.6MCRHFNVRGLDvs. Q3 2023SEC
Q3 2023Nov 13, 202313$100.6MFNVCNQRGLDvs. Q2 2023SEC
Q2 2023Aug 10, 202313$102.6MFNVRGLDCNQvs. Q1 2023SEC
Q1 2023May 15, 202311$116.7MRGLDFNVCNQvs. Q4 2022SEC
Q4 2022Feb 14, 20238$108.2MFERGRGLDFNVvs. Q3 2022SEC
Q3 2022Nov 14, 20229$94.5MFERGFANGRGLDvs. Q2 2022SEC
Q2 2022Aug 15, 20229$114.4MGOOGFERGMETAvs. Q1 2022SEC
Q1 2022May 20, 2022Amended12$178.6MGOOGFNVRGLDvs. Q4 2021SEC
Q4 2021Feb 14, 20229$191.4MGOOGMETAFNVvs. Q3 2021SEC
Q3 2021Nov 15, 202111$199.5MGOOGMETAFNVvs. Q2 2021SEC
Q2 2021Aug 16, 2021Amended11$230.5MGOOGMETAFNVvs. Q1 2021SEC
Q1 2021May 17, 202111$203.0MGOOGMETAFNV–SEC