Skip to main content
Livermore
Livermore
ZHEN

Trust Asset Management LLC

SEC CIK
0001608376
Latest filing
Jul 14, 2026

The latest 13F from Trust Asset Management LLC covers Q2 2026 (filed Jul 14, 2026): 229 long positions worth $1.61B. The top 10 holdings make up 77.0% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 56.0%. Livermore has 23 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
9
Est. +$3.76M
Added
45
Est. +$6.04M
Reduced
127
Est. −$7.29M
Sold out
5
Est. −$1.14M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    56.0%$899.2MHistory
  2. State Street Industrial Select Sector SPDR ETF81369Y704
    4.0%$63.8M
  3. NVDANVIDIA Corp
    3.3%$53.6MHistory
  4. AAPLApple Inc.
    2.9%$47.2MHistory
  5. GOOGAlphabet Inc.
    2.6%$41.3MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. COHRCoherent Corp.
    +$818.9KNewHistory
  2. AMZNAmazon Com Inc
    +$813.7KAddedHistory
  3. CIENCiena Corp
    +$767.7KNewHistory
  4. State Street Consumer Staples Select Sector SPDR ETF81369Y308
    +$729.1KAdded
  5. LITELumentum Holdings Inc.
    +$671.9KNewHistory

Largest weight increases

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

  1. MUMicron Technology Inc
    +0.60 pp0.3% → 0.9%History
  2. AMDAdvanced Micro Devices Inc
    +0.40 pp0.3% → 0.7%History
  3. INTCIntel Corp
    +0.30 pp0.2% → 0.5%History
  4. SNDKSandisk Corp
    +0.16 pp0.1% → 0.2%History
  5. PANWPalo Alto Networks Inc
    +0.10 pp0.1% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. AAPLApple Inc.
    −$1.29MReducedHistory
  2. NVDANVIDIA Corp
    −$873.0KReducedHistory
  3. JPMJPMorgan Chase & Co
    −$442.6KReducedHistory
  4. TSCOTractor Supply Co
    −$269.4KSold outHistory
  5. CHTRCharter Communications, Inc.
    −$232.9KSold outHistory

Largest weight decreases

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

  1. State Street Energy Select Sector SPDR ETF81369Y506
    −0.45 pp1.8% → 1.3%
  2. MSFTMicrosoft Corp
    −0.28 pp2.2% → 1.9%History
  3. NFLXNetflix Inc
    −0.12 pp0.3% → 0.2%History
  4. AAPLApple Inc.
    −0.11 pp3.0% → 2.9%History
  5. SPYSPDR S&P 500 ETF Trust
    −0.08 pp56.1% → 56.0%History

Metrics

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

Portfolio value
$1.61B
+$208.9M (+15.0%) vs. prior quarter
Positions
229
+4 vs. prior quarter
Top 10 concentration
77.0%
Top 10 as share of value
Turnover
0.6%
Q2 2026, one quarter
Average holding period
21.5 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

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

Peak $1.61B (Q2 2026)

Q1 2021: $752.1MQ2 2021: $736.6MQ3 2021: $726.5MQ4 2021: $809.4MQ1 2022: $813.4MQ2 2022: $715.5MQ3 2022: $733.4MQ4 2022: $803.5MQ1 2023: $888.6MQ2 2023: $964.5MQ3 2023: $927.9MQ4 2023: $1.04BQ1 2024: $1.14BQ2 2024: $1.19BQ3 2024: $1.25BQ4 2024: $1.28BQ1 2025: $1.22BQ2 2025: $1.35BQ3 2025: $1.45BQ4 2025: $1.47BQ1 2026: $1.40BQ2 2026: $1.61B
Q1 2021Q2 2026
13F filings of Trust Asset Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 14, 2026Amended229$1.61BSPYState Street Industrial Select Sector SPDR ETFNVDAvs. Q1 2026SEC
Q1 2026Apr 20, 2026225$1.40BSPYState Street Industrial Select Sector SPDR ETFNVDAvs. Q4 2025SEC
Q4 2025Jan 13, 2026226$1.47BSPYState Street Industrial Select Sector SPDR ETFNVDAvs. Q3 2025SEC
Q3 2025Nov 12, 2025230$1.45BSPYState Street Industrial Select Sector SPDR ETFNVDAvs. Q2 2025SEC
Q2 2025Jul 23, 2025224$1.35BSPYState Street Industrial Select Sector SPDR ETFNVDAvs. Q1 2025SEC
Q1 2025May 12, 2025219$1.22BSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q4 2024SEC
Q4 2024Jan 16, 2025226$1.28BSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q3 2024SEC
Q3 2024Nov 13, 2024231$1.25BSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q2 2024SEC
Q2 2024Jul 24, 2024219$1.19BSPYState Street Industrial Select Sector SPDR ETFMSFTvs. Q1 2024SEC
Q1 2024May 15, 2024223$1.14BSPYState Street Industrial Select Sector SPDR ETFMSFTvs. Q4 2023SEC
Q4 2023Feb 2, 2024214$1.04BSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q3 2023SEC
Q3 2023Nov 8, 2023194$927.9MSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q2 2023SEC
Q2 2023Aug 14, 2023205$964.5MSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q1 2023SEC
Q1 2023May 12, 2023203$888.6MSPYState Street Industrial Select Sector SPDR ETFState Street Consumer Staples Select Sector SPDR ETFvs. Q4 2022SEC
Q4 2022Feb 1, 2023198$803.5MSPYState Street Industrial Select Sector SPDR ETFState Street Consumer Staples Select Sector SPDR ETFvs. Q3 2022SEC
Q3 2022Nov 14, 2022193$733.4MSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q2 2022SEC
Q2 2022Aug 10, 2022186$715.5MSPYState Street Industrial Select Sector SPDR ETFState Street Consumer Staples Select Sector SPDR ETFvs. Q1 2022SEC
Q1 2022May 10, 2022200$813.4MSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q4 2021SEC
Q4 2021Jan 31, 2022211$809.4MSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q3 2021SEC
Q3 2021Oct 29, 2021200$726.5MSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q2 2021SEC
Q2 2021Jul 19, 2021191$736.6MSPYState Street Industrial Select Sector SPDR ETFAAPLvs. Q1 2021SEC
Q1 2021Apr 21, 2021181$752.1MSPYState Street Industrial Select Sector SPDR ETFState Street Consumer Staples Select Sector SPDR ETF–SEC