Skip to main content
Livermore
Livermore
ZHEN

Park Avenue Institutional Advisers LLC

SEC CIK
0001640801
Latest filing
Aug 4, 2026

The latest 13F from Park Avenue Institutional Advisers LLC covers Q2 2026 (filed Aug 4, 2026): 2 long positions worth $198.7M. The top 10 holdings make up 100.0% of the portfolio, and the largest is Janus Detroit STR Tr at 50.4%. Livermore has 21 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
0
Reduced
0
Sold out
3
Est. −$882.3K

Top 5 holdings

Share of this quarter's portfolio value

  1. Janus Detroit STR Tr47103U613
    50.4%$100.1M
  2. Janus Detroit STR Tr47103U688
    49.6%$98.6M

Share of portfolio

Each position's share of portfolio value

  1. Janus Detroit STR Tr50.4%
  2. Janus Detroit STR Tr49.6%

Biggest buys

New and added positions, by estimated amount bought

None this quarter.

Largest weight increases

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

None this quarter.

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. RVMDRevolution Medicines, Inc.
    −$497.4KSold outHistory
  2. BRZEBraze, Inc.
    −$209.9KSold outHistory
  3. TTANServiceTitan, Inc.
    −$175.0KSold outHistory

Largest weight decreases

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

  1. RVMDRevolution Medicines, Inc.
    −0.25 pp0.2% → 0.0%History
  2. BRZEBraze, Inc.
    −0.11 pp0.1% → 0.0%History
  3. TTANServiceTitan, Inc.
    −0.09 pp0.1% → 0.0%History

Metrics

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

Portfolio value
$198.7M
−$514.0K (−0.3%) vs. prior quarter
Positions
2
−3 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
0.0%
Q2 2026, one quarter
Average holding period
2.0 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

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

Peak $199.2M (Q1 2026)

Q1 2021: $20.0MQ2 2021: $10.8MQ3 2021: $100.2MQ4 2021: $100.0MQ1 2022: $119.3MQ2 2022: $70.9MQ3 2022: $77.0MQ4 2022: $74.6MQ1 2023: $74.0MQ2 2023: $40.7MQ3 2023: $38.6MQ4 2023: $28.0MQ1 2024: $45.3MQ2 2024: $67.2MQ3 2024: $53.6MQ4 2024: $14.0MQ3 2025: $99.6MQ4 2025: $1.01MQ1 2026: $199.2MQ2 2026: $198.7M
Q1 2021Q2 2026
13F filings of Park Avenue Institutional Advisers LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 4, 20262$198.7MJanus Detroit STR TrJanus Detroit STR Trvs. Q1 2026SEC
Q1 2026May 5, 20265$199.2MJanus Detroit STR TrJanus Detroit STR TrRVMDvs. Q4 2025SEC
Q4 2025Feb 10, 20263$1.01MRVMDBRZETTANvs. Q3 2025SEC
Q3 2025Oct 30, 20251$99.6MJanus Detroit STR Tr–SEC
Q4 2024Feb 7, 20253$14.0MiShares TrInvesco Exch Traded FD Tr IISsga Active ETF Trvs. Q3 2024SEC
Q3 2024Nov 4, 20245$53.6MiShares TrVanguard Mortgage-Backed Securities ETFSPDR Series Trustvs. Q2 2024SEC
Q2 2024Aug 5, 20245$67.2MiShares TrVanguard Mortgage-Backed Securities ETFInvesco Exch Traded FD Tr IIvs. Q1 2024SEC
Q1 2024May 7, 20245$45.3MiShares TrVanguard Mortgage-Backed Securities ETFInvesco Exch Traded FD Tr IIvs. Q4 2023SEC
Q4 2023Feb 1, 20242$28.0MiShares TrVanguard Mortgage-Backed Securities ETFvs. Q3 2023SEC
Q3 2023Nov 2, 20235$38.6MVanguard Mortgage-Backed Securities ETFiShares TrVanguard Malvern FDSvs. Q2 2023SEC
Q2 2023Aug 9, 20235$40.7MVanguard Mortgage-Backed Securities ETFiShares TrVanguard Malvern FDSvs. Q1 2023SEC
Q1 2023May 12, 20238$74.0MiShares TrVanguard Malvern FDSVanguard Mortgage-Backed Securities ETFvs. Q4 2022SEC
Q4 2022Feb 14, 20237$74.6MVanguard Malvern FDSVanguard Mortgage-Backed Securities ETFiShares Trvs. Q3 2022SEC
Q3 2022Nov 1, 20227$77.0MVanguard Malvern FDSVanguard Mortgage-Backed Securities ETFiShares Trvs. Q2 2022SEC
Q2 2022Aug 5, 20226$70.9MVanguard Malvern FDSOPTUSBGIvs. Q1 2022SEC
Q1 2022May 12, 20228$119.3MSsga Active ETF TrInvesco Exch Traded FD Tr IIVanguard Malvern FDSvs. Q4 2021SEC
Q4 2021Feb 10, 20226$100.0MInvesco Exch Traded FD Tr IISsga Active ETF TrNXSTvs. Q3 2021SEC
Q3 2021Nov 16, 2021Amended9$100.2MSsga Active ETF TrInvesco Exch Traded FD Tr IIiShares Trvs. Q2 2021SEC
Q2 2021Aug 13, 20217$10.8MInvesco Exch Traded FD Tr IISsga Active ETF TrNXSTvs. Q1 2021SEC
Q1 2021May 14, 20215$20.0MiShares TrVanEck ETF TrustNXST–SEC