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Livermore
Livermore
ZHEN

Glassman Wealth Services

SEC CIK
0001642160
Latest filing
Aug 5, 2026

The latest 13F from Glassman Wealth Services covers Q2 2026 (filed Aug 5, 2026): 236 long positions worth $834.6M. The top 10 holdings make up 89.7% of the portfolio, and the largest is Vanguard S&P 500 ETF at 23.6%. 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
58
Est. +$6.91M
Added
57
Est. +$9.41M
Reduced
19
Est. −$5.05M
Sold out
9
Est. −$1.76M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    23.6%$196.8M
  2. Schwab Fundamental U.S. Large Company ETF808524771
    17.2%$143.3M
  3. Vanguard Ftse All-World Ex-US Index Fund922042775
    11.7%$97.6M
  4. WisdomTree Tr97717X669
    9.5%$79.1M
  5. Dimensional World Ex U.S. Core Equity 2 ETF25434V880
    8.9%$74.0M

Share of portfolio

Top 5 holdings and the other 231 positions, by share of portfolio value

  1. Vanguard S&P 500 ETF23.6%
  2. Schwab Fundamental U.S. Large Company ETF17.2%
  3. Vanguard Ftse All-World Ex-US Index Fund11.7%
  4. WisdomTree Tr9.5%
  5. Dimensional World Ex U.S. Core Equity 2 ETF8.9%
  6. Other 231 positions29.2%

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco QQQ Trust Series I46090E103
    +$3.49MNew
  2. Dimensional U.S. Core Equity 2 ETF25434V708
    +$2.44MAdded
  3. SPYSPDR S&P 500 ETF Trust
    +$1.45MAddedHistory
  4. WisdomTree Tr97717X669
    +$1.37MAdded
  5. Vanguard Ftse All-World Ex-US Index Fund922042775
    +$892.7KAdded

Largest weight increases

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

  1. Invesco QQQ Trust Series I46090E103
    +0.42 pp0.0% → 0.4%
  2. Dimensional U.S. Core Equity 2 ETF25434V708
    +0.34 pp8.3% → 8.7%
  3. SPYSPDR S&P 500 ETF Trust
    +0.19 pp1.2% → 1.4%History
  4. State Street Technology Select Sector SPDR ETF81369Y803
    +0.04 pp<0.1% → 0.1%
  5. iShares Core S&P 500 ETF464287200
    +0.04 pp0.8% → 0.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Schwab Fundamental U.S. Large Company ETF808524771
    −$1.95MReduced
  2. ARK Innovation ETF00214Q104
    −$1.18MReduced
  3. Vanguard S&P 500 ETF922908363
    −$1.01MReduced
  4. iShares Tr46436E577
    −$678.8KSold out
  5. American Centy ETF Tr025072877
    −$455.2KSold out

Largest weight decreases

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

  1. Schwab Fundamental U.S. Large Company ETF808524771
    −0.51 pp17.7% → 17.2%
  2. ARK Innovation ETF00214Q104
    −0.13 pp0.2% → 0.1%
  3. iShares Tr46436E577
    −0.09 pp0.1% → 0.0%
  4. Vanguard Mun BD FDS922907746
    −0.07 pp0.6% → 0.5%
  5. American Centy ETF Tr025072877
    −0.06 pp0.1% → 0.0%

Metrics

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

Portfolio value
$834.6M
+$99.1M (+13.5%) vs. prior quarter
Positions
236
+49 vs. prior quarter
Top 10 concentration
89.7%
Top 10 as share of value
Turnover
0.9%
Q2 2026, one quarter
Average holding period
19.9 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 $834.6M (Q2 2026)

Q1 2021: $468.1MQ2 2021: $478.0MQ3 2021: $474.9MQ4 2021: $544.1MQ1 2022: $548.5MQ2 2022: $485.9MQ3 2022: $470.7MQ4 2022: $542.6MQ1 2023: $575.6MQ2 2023: $620.3MQ3 2023: $619.2MQ4 2023: $706.4MQ1 2024: $495.0MQ2 2024: $542.5MQ3 2024: $586.6MQ4 2024: $594.2MQ1 2025: $597.6MQ2 2025: $652.9MQ3 2025: $711.6MQ4 2025: $741.0MQ1 2026: $735.5MQ2 2026: $834.6M
Q1 2021Q2 2026
13F filings of Glassman Wealth Services by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 5, 2026236$834.6MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2026SEC
Q1 2026May 4, 2026187$735.5MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q4 2025SEC
Q4 2025Jan 28, 2026195$741.0MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q3 2025SEC
Q3 2025Nov 10, 2025186$711.6MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q2 2025SEC
Q2 2025Aug 8, 2025182$652.9MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2025SEC
Q1 2025May 8, 2025211$597.6MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFWisdomTree Trvs. Q4 2024SEC
Q4 2024Feb 5, 2025175$594.2MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFWisdomTree Trvs. Q3 2024SEC
Q3 2024Nov 12, 2024181$586.6MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFWisdomTree Trvs. Q2 2024SEC
Q2 2024Aug 6, 2024192$542.5MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFWisdomTree Trvs. Q1 2024SEC
Q1 2024May 3, 2024204$495.0MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFWisdomTree Trvs. Q4 2023SEC
Q4 2023Feb 12, 20241,956$706.4MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q3 2023SEC
Q3 2023Nov 14, 20231,988$619.2MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q2 2023SEC
Q2 2023Aug 8, 20231,903$620.3MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2023SEC
Q1 2023May 4, 20231,891$575.6MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q4 2022SEC
Q4 2022Feb 6, 20231,908$542.6MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q3 2022SEC
Q3 2022Nov 9, 20221,921$470.7MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q2 2022SEC
Q2 2022Aug 4, 20221,956$485.9MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2022SEC
Q1 2022Aug 23, 2022Amended1,825$548.5MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFVanguard Ftse All-World Ex-US Index Fundvs. Q4 2021SEC
Q4 2021Feb 14, 20221,840$544.1MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFNVRvs. Q3 2021SEC
Q3 2021Nov 10, 20211,836$474.9MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFNVRvs. Q2 2021SEC
Q2 2021Aug 4, 20211,673$478.0MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFNVRvs. Q1 2021SEC
Q1 2021May 5, 20211,642$468.1MVanguard S&P 500 ETFSchwab Fundamental U.S. Large Company ETFAAPL–SEC