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Livermore
Livermore
ZHEN

Roble, Belko & Company, Inc

SEC CIK
0001642305
Latest filing
Jul 24, 2026

The latest 13F from Roble, Belko & Company, Inc covers Q2 2026 (filed Jul 24, 2026): 486 long positions worth $925.3M. The top 10 holdings make up 61.5% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 18.1%. 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
20
Est. +$1.70M
Added
76
Est. +$50.8M
Reduced
77
Est. −$3.80M
Sold out
21
Est. −$264.0K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    18.1%$167.4M
  2. Vanguard Star FDS921909768
    10.2%$94.2M
  3. Vanguard Total Bond Market ETF921937835
    6.9%$64.1M
  4. Vanguard Ftse Developed Markets ETF921943858
    5.6%$51.5M
  5. Vanguard Ftse All-World Ex-US Index Fund922042775
    3.8%$34.9M

Share of portfolio

Top 5 holdings and the other 481 positions, by share of portfolio value

  1. Vanguard Morningstar Total Stock Market ETF18.1%
  2. Vanguard Star FDS10.2%
  3. Vanguard Total Bond Market ETF6.9%
  4. Vanguard Ftse Developed Markets ETF5.6%
  5. Vanguard Ftse All-World Ex-US Index Fund3.8%
  6. Other 481 positions55.5%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Total Bond Market ETF921937835
    +$16.7MAdded
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +$7.77MAdded
  3. Vanguard S&P 500 ETF922908363
    +$7.05MAdded
  4. Vanguard Star FDS921909768
    +$4.96MAdded
  5. Vanguard Scottsdale FDS92206C102
    +$2.43MAdded

Largest weight increases

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

  1. Vanguard Total Bond Market ETF921937835
    +0.88 pp6.1% → 6.9%
  2. Vanguard S&P 500 ETF922908363
    +0.75 pp0.4% → 1.1%
  3. Vanguard Morningstar Total Stock Market ETF922908769
    +0.50 pp17.6% → 18.1%
  4. iShares Tr46438G653
    +0.16 pp0.0% → 0.2%
  5. Vanguard Scottsdale FDS92206C102
    +0.15 pp0.7% → 0.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Schwab US Tips ETF808524870
    −$1.18MReduced
  2. SPDR Series Trust78464A805
    −$413.9KReduced
  3. Invesco Actvely MNGD Etc FD46090F100
    −$303.4KReduced
  4. Vanguard Scottsdale FDS92206C706
    −$213.5KReduced
  5. OKEONEOK Inc
    −$185.2KReducedHistory

Largest weight decreases

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

  1. Vanguard Scottsdale FDS92206C706
    −0.41 pp2.4% → 2.0%
  2. Schwab US Tips ETF808524870
    −0.40 pp1.8% → 1.4%
  3. SPDR Series Trust78464A805
    −0.10 pp2.1% → 2.0%
  4. Vanguard Ftse Emerging Markets ETF922042858
    −0.09 pp1.4% → 1.3%
  5. SPYSPDR S&P 500 ETF Trust
    −0.08 pp3.2% → 3.2%History

Metrics

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

Portfolio value
$925.3M
+$138.8M (+17.6%) vs. prior quarter
Positions
486
−1 vs. prior quarter
Top 10 concentration
61.5%
Top 10 as share of value
Turnover
0.5%
Q2 2026, one quarter
Average holding period
20.3 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 $925.3M (Q2 2026)

Q1 2021: $414.5MQ2 2021: $442.3MQ3 2021: $486.1MQ4 2021: $532.3MQ1 2022: $526.0MQ2 2022: $440.2MQ3 2022: $411.7MQ4 2022: $470.3MQ1 2023: $489.4MQ2 2023: $504.0MQ3 2023: $489.0MQ4 2023: $531.8MQ1 2024: $582.7MQ2 2024: $597.3MQ3 2024: $634.5MQ4 2024: $629.3MQ1 2025: $626.8MQ2 2025: $687.2MQ3 2025: $737.5MQ4 2025: $763.1MQ1 2026: $786.5MQ2 2026: $925.3M
Q1 2021Q2 2026
13F filings of Roble, Belko & Company, Inc by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 24, 2026486$925.3MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q1 2026SEC
Q1 2026Apr 16, 2026487$786.5MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q4 2025SEC
Q4 2025Jan 12, 2026502$763.1MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q3 2025SEC
Q3 2025Oct 24, 2025469$737.5MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q2 2025SEC
Q2 2025Aug 4, 2025460$687.2MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q1 2025SEC
Q1 2025May 8, 2025441$626.8MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q4 2024SEC
Q4 2024Jan 14, 2025420$629.3MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q3 2024SEC
Q3 2024Oct 15, 2024401$634.5MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q2 2024SEC
Q2 2024Aug 8, 2024378$597.3MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q1 2024SEC
Q1 2024Apr 11, 2024351$582.7MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q4 2023SEC
Q4 2023Feb 1, 2024353$531.8MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q3 2023SEC
Q3 2023Nov 1, 2023322$489.0MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q2 2023SEC
Q2 2023Aug 4, 2023321$504.0MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q1 2023SEC
Q1 2023May 10, 2023320$489.4MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q4 2022SEC
Q4 2022Feb 8, 2023344$470.3MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q3 2022SEC
Q3 2022Nov 14, 2022342$411.7MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse Developed Markets ETFvs. Q2 2022SEC
Q2 2022Aug 10, 2022339$440.2MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Ftse All-World Ex-US Index Fundvs. Q1 2022SEC
Q1 2022May 6, 2022387$526.0MVanguard Morningstar Total Stock Market ETFiShares TrVanguard Ftse All-World Ex-US Index Fundvs. Q4 2021SEC
Q4 2021Feb 7, 2022366$532.3MVanguard Morningstar Total Stock Market ETFVanguard Ftse All-World Ex-US Index FundiShares Trvs. Q3 2021SEC
Q3 2021Nov 3, 2021340$486.1MVanguard Morningstar Total Stock Market ETFiShares TrVanguard Ftse All-World Ex-US Index Fundvs. Q2 2021SEC
Q2 2021Aug 2, 2021349$442.3MVanguard Morningstar Total Stock Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Star FDSvs. Q1 2021SEC
Q1 2021May 12, 2021342$414.5MVanguard Morningstar Total Stock Market ETFVanguard Ftse All-World Ex-US Index FundSchwab U.S. Broad Market ETF–SEC