Skip to main content
Livermore
Livermore
ZHEN

Cypress Capital Management LLC (WY)

SEC CIK
0001633896
Latest filing
Aug 6, 2026

The latest 13F from Cypress Capital Management LLC (WY) covers Q2 2026 (filed Aug 6, 2026): 213 long positions worth $119.6M. The top 10 holdings make up 50.2% of the portfolio, and the largest is Apple Inc. (AAPL) at 19.6%. 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
17
Est. +$7.44M
Added
26
Est. +$4.26M
Reduced
35
Est. −$3.68M
Sold out
9
Est. −$3.28M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    19.6%$23.5MHistory
  2. QQQXNuveen NASDAQ 100 Dynamic Overwrite Fund
    5.0%$5.95MHistory
  3. ETYEaton Vance Tax-Managed Diversified Equity Income Fund
    4.1%$4.89MHistory
  4. RVTRoyce Small-Cap Trust, Inc.
    3.8%$4.50MHistory
  5. BGRBlackRock Energy & Resources Trust
    3.5%$4.18MHistory

Share of portfolio

Top 5 holdings and the other 208 positions, by share of portfolio value

  1. AAPL19.6%
  2. QQQX5.0%
  3. ETY4.1%
  4. RVT3.8%
  5. BGR3.5%
  6. Other 208 positions64.0%

Biggest buys

New and added positions, by estimated amount bought

  1. XOMExxonMobil Holdings Corp
    +$2.18MNewHistory
  2. AGFirst Majestic Silver Corp
    +$1.35MNewHistory
  3. HEIHeico Corp
    +$1.32MNewHistory
  4. Orla MNG Ltd New68634K106
    +$1.10MAdded
  5. MRVLMarvell Technology, Inc.
    +$1.01MNewHistory

Largest weight increases

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

  1. XOMExxonMobil Holdings Corp
    +1.82 pp0.0% → 1.8%History
  2. AGFirst Majestic Silver Corp
    +1.12 pp0.0% → 1.1%History
  3. HEIHeico Corp
    +1.10 pp0.0% → 1.1%History
  4. Orla MNG Ltd New68634K106
    +0.92 pp<0.1% → 0.9%
  5. MRVLMarvell Technology, Inc.
    +0.85 pp0.0% → 0.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. XOMExxonMobil Holdings Corp
    −$2.72MSold outHistory
  2. J P Morgan Exchange Traded F46641Q332
    −$857.9KReduced
  3. CELHCelsius Holdings, Inc.
    −$732.0KReducedHistory
  4. MSFTMicrosoft Corp
    −$531.0KReducedHistory
  5. FIBKFirst Interstate Bancsystem Inc
    −$389.6KReducedHistory

Largest weight decreases

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

  1. XOMExxonMobil Holdings Corp
    −2.52 pp2.5% → 0.0%History
  2. CELHCelsius Holdings, Inc.
    −0.82 pp0.8% → <0.1%History
  3. J P Morgan Exchange Traded F46641Q332
    −0.80 pp0.8% → <0.1%
  4. COSTCostco Wholesale Corp
    −0.68 pp4.1% → 3.4%History
  5. ETYEaton Vance Tax-Managed Diversified Equity Income Fund
    −0.53 pp4.6% → 4.1%History

Metrics

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

Portfolio value
$119.6M
+$11.5M (+10.6%) vs. prior quarter
Positions
213
+8 vs. prior quarter
Top 10 concentration
50.2%
Top 10 as share of value
Turnover
6.1%
Q2 2026, one quarter
Average holding period
13.7 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 (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 $129.2M (Q2 2021)

Q1 2021: $113.5MQ2 2021: $129.2MQ3 2021: $120.6MQ4 2021: $119.2MQ1 2022: $84.4MQ2 2022: $77.4MQ3 2022: $70.3MQ4 2022: $80.3MQ1 2023: $85.4MQ2 2023: $89.4MQ3 2023: $85.1MQ4 2023: $91.3MQ1 2024: $93.8MQ2 2024: $93.9MQ3 2024: $92.5MQ4 2024: $87.4MQ1 2025: $83.7MQ2 2025: $92.1MQ3 2025: $108.4MQ4 2025: $107.7MQ1 2026: $108.1MQ2 2026: $119.6M
Q1 2021Q2 2026
13F filings of Cypress Capital Management LLC (WY) by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 2026213$119.6MAAPLQQQXETYvs. Q1 2026SEC
Q1 2026May 8, 2026205$108.1MAAPLETYQQQXvs. Q4 2025SEC
Q4 2025Feb 9, 2026207$107.7MAAPLQQQXETYvs. Q3 2025SEC
Q3 2025Nov 3, 2025179$108.4MAAPLYDESWQQQXvs. Q2 2025SEC
Q2 2025Aug 7, 2025173$92.1MAAPLCOSTQQQXvs. Q1 2025SEC
Q1 2025May 5, 2025163$83.7MAAPLCOSTAGIvs. Q4 2024SEC
Q4 2024Jan 23, 2025150$87.4MAAPLCOSTFIBKvs. Q3 2024SEC
Q3 2024Nov 5, 2024162$92.5MAAPLCOSTGLDvs. Q2 2024SEC
Q2 2024Aug 5, 2024167$93.9MAAPLCOSTGLDvs. Q1 2024SEC
Q1 2024May 9, 2024170$93.8MAAPLiShares TrGLDvs. Q4 2023SEC
Q4 2023Feb 5, 2024172$91.3MAAPLiShares TrFIBKvs. Q3 2023SEC
Q3 2023Nov 13, 2023179$85.1MAAPLiShares TrGLDvs. Q2 2023SEC
Q2 2023Aug 1, 2023172$89.4MAAPLiShares TrKraneshares Trvs. Q1 2023SEC
Q1 2023May 10, 2023163$85.4MAAPLiShares TrGLDvs. Q4 2022SEC
Q4 2022Feb 2, 2023163$80.3MAAPLFIBKiShares Trvs. Q3 2022SEC
Q3 2022Nov 14, 2022165$70.3MAAPLFIBKiShares Trvs. Q2 2022SEC
Q2 2022Aug 1, 2022179$77.4MAAPLiShares TrFIBKvs. Q1 2022SEC
Q1 2022May 9, 2022178$84.4MAAPLiShares TrKraneshares Trvs. Q4 2021SEC
Q4 2021Feb 11, 2022299$119.2MAAPLFIBKiShares Trvs. Q3 2021SEC
Q3 2021Nov 4, 2021252$120.6MAAPLFIBKVanEck ETF Trustvs. Q2 2021SEC
Q2 2021Aug 10, 2021303$129.2MAAPLFIBKVanEck ETF Trustvs. Q1 2021SEC
Q1 2021May 7, 2021286$113.5MAAPLFIBKVanEck ETF Trust–SEC