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Livermore
Livermore
ZHEN

S. R. Schill & Associates

SEC CIK
0001616004
Latest filing
Jul 15, 2026

The latest 13F from S. R. Schill & Associates covers Q2 2026 (filed Jul 15, 2026): 25 long positions worth $165.7M. The top 10 holdings make up 90.0% of the portfolio, and the largest is iShares Core MSCI Eafe ETF at 15.5%. 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
0
Added
12
Est. +$18.8M
Reduced
10
Est. −$4.60M
Sold out
4
Est. −$8.51M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core MSCI Eafe ETF46432F842
    15.5%$25.6M
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    14.5%$24.0M
  3. SPDR Series Trust78464A672
    14.1%$23.4M
  4. iShares Tr464288521
    13.1%$21.7M
  5. Vanguard Scottsdale FDS92206C664
    12.4%$20.5M

Share of portfolio

Top 5 holdings and the other 20 positions, by share of portfolio value

  1. iShares Core MSCI Eafe ETF15.5%
  2. State Street SPDR Portfolio S&P 500 ETF14.5%
  3. SPDR Series Trust14.1%
  4. iShares Tr13.1%
  5. Vanguard Scottsdale FDS12.4%
  6. Other 20 positions30.5%

Biggest buys

New and added positions, by estimated amount bought

  1. SPDR Series Trust78464A672
    +$8.10MAdded
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$4.20MAdded
  3. iShares Core MSCI Eafe ETF46432F842
    +$1.91MAdded
  4. iShares Tr464288521
    +$1.60MAdded
  5. SPDR Series Trust78468R101
    +$1.55MAdded

Largest weight increases

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

  1. SPDR Series Trust78464A672
    +3.69 pp10.4% → 14.1%
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    +2.84 pp11.6% → 14.5%
  3. iShares Tr464288521
    +1.01 pp12.1% → 13.1%
  4. iShares Core MSCI Eafe ETF46432F842
    +0.45 pp15.0% → 15.5%
  5. SPDR Series Trust78468R101
    +0.25 pp6.2% → 6.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Ssga Active ETF Tr78467V608
    −$3.77MSold out
  2. Vanguard Scottsdale FDS92206C664
    −$2.67MReduced
  3. State Street Utilities Select Sector SPDR ETF81369Y886
    −$2.42MSold out
  4. iShares Tr464287721
    −$1.99MSold out
  5. VanEck ETF Trust92189H805
    −$747.5KReduced

Largest weight decreases

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

  1. Ssga Active ETF Tr78467V608
    −2.55 pp2.5% → 0.0%
  2. State Street Utilities Select Sector SPDR ETF81369Y886
    −1.64 pp1.6% → 0.0%
  3. iShares Tr464287721
    −1.34 pp1.3% → 0.0%
  4. Abrdn ETFs003261104
    −1.01 pp4.2% → 3.2%
  5. VanEck ETF Trust92189H805
    −0.81 pp3.6% → 2.7%

Metrics

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

Portfolio value
$165.7M
+$17.6M (+11.9%) vs. prior quarter
Positions
25
−4 vs. prior quarter
Top 10 concentration
90.0%
Top 10 as share of value
Turnover
8.4%
Q2 2026, one quarter
Average holding period
18.4 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 $252.6M (Q2 2021)

Q1 2021: $227.2MQ2 2021: $252.6MQ3 2021: $233.8MQ4 2021: $250.8MQ1 2022: $237.8MQ2 2022: $200.0MQ3 2022: $187.6MQ4 2022: $200.8MQ1 2023: $215.6MQ2 2023: $220.2MQ3 2023: $206.0MQ4 2023: $224.5MQ1 2024: $229.9MQ2 2024: $228.3MQ3 2024: $141.2MQ4 2024: $119.6MQ1 2025: $125.4MQ2 2025: $135.7MQ3 2025: $142.4MQ4 2025: $141.6MQ1 2026: $148.0MQ2 2026: $165.7M
Q1 2021Q2 2026
13F filings of S. R. Schill & Associates by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 15, 202625$165.7MiShares Core MSCI Eafe ETFState Street SPDR Portfolio S&P 500 ETFSPDR Series Trustvs. Q1 2026SEC
Q1 2026May 1, 202629$148.0MiShares Core MSCI Eafe ETFVanguard Scottsdale FDSiShares Trvs. Q4 2025SEC
Q4 2025Jan 23, 202625$141.6MVanguard Scottsdale FDSiShares Core MSCI Eafe ETFiShares Trvs. Q3 2025SEC
Q3 2025Nov 14, 202525$142.4MiShares Core MSCI Eafe ETFVanguard Scottsdale FDSiShares Trvs. Q2 2025SEC
Q2 2025Jul 2, 202526$135.7MiShares Core MSCI Eafe ETFVanguard Scottsdale FDSState Street SPDR Portfolio S&P 500 ETFvs. Q1 2025SEC
Q1 2025Apr 21, 202529$125.4MiShares Core MSCI Eafe ETFiShares TrVanguard Scottsdale FDSvs. Q4 2024SEC
Q4 2024Jan 22, 202524$119.6MiShares TriShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q3 2024SEC
Q3 2024Nov 13, 202439$141.2MiShares TriShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q2 2024SEC
Q2 2024Jul 15, 202480$228.3MUPSiShares TriShares Core MSCI Eafe ETFvs. Q1 2024SEC
Q1 2024Apr 4, 202484$229.9MUPSiShares Core MSCI Eafe ETFiShares Trvs. Q4 2023SEC
Q4 2023Jan 30, 202485$224.5MUPSiShares Core MSCI Eafe ETFiShares Trvs. Q3 2023SEC
Q3 2023Oct 24, 202380$206.0MUPSiShares Core MSCI Eafe ETFiShares Trvs. Q2 2023SEC
Q2 2023Aug 3, 202378$220.2MUPSiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q1 2023SEC
Q1 2023Apr 26, 202379$215.6MUPSiShares Core MSCI Eafe ETFSPDR Series Trustvs. Q4 2022SEC
Q4 2022Jan 26, 202379$200.8MUPSiShares Core MSCI Eafe ETFiShares Trvs. Q3 2022SEC
Q3 2022Oct 26, 202274$187.6MUPSiShares TriShares Core MSCI Eafe ETFvs. Q2 2022SEC
Q2 2022Aug 31, 202272$200.0MUPSiShares Core MSCI Eafe ETFiShares Trvs. Q1 2022SEC
Q1 2022May 6, 202272$237.8MUPSiShares Core MSCI Eafe ETFiShares Trvs. Q4 2021SEC
Q4 2021Feb 14, 202276$250.8MUPSiShares Core MSCI Eafe ETFiShares Trvs. Q3 2021SEC
Q3 2021Oct 25, 202187$233.8MUPSiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q2 2021SEC
Q2 2021Aug 17, 202190$252.6MUPSiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q1 2021SEC
Q1 2021Apr 30, 202184$227.2MUPSiShares Core MSCI Eafe ETFVanguard Scottsdale FDS–SEC