Steele Capital Management, Inc.
- SEC CIK
- 0001646695
- Latest filing
- Jul 28, 2026
The latest 13F from Steele Capital Management, Inc. covers Q2 2026 (filed Jul 28, 2026): 85 long positions worth $2.72B. The top 10 holdings make up 58.3% of the portfolio, and the largest is iShares Core S&P 500 ETF at 10.4%. Livermore has 11 filings on Form 13F from this institution, going back to Q4 2023.
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.
- New
- 3
- Est. +$8.53M
- Added
- 37
- Est. +$49.1M
- Reduced
- 38
- Est. −$28.7M
- Sold out
- 4
- Est. −$3.53M
Top 5 holdings
Share of this quarter's portfolio value
- iShares Core S&P 500 ETF46428720010.4%$282.8M
- Schwab Fundamental U.S. Large Company ETF8085247717.4%$199.8M
- Schwab International Equity ETF8085248057.2%$195.8M
- Vanguard Ftse Developed Markets ETF9219438585.8%$158.5M
- Vanguard S&P 500 ETF9229083635.7%$154.7M
Share of portfolio
Top 5 holdings and the other 80 positions, by share of portfolio value
- iShares Core S&P 500 ETF10.4%
- Schwab Fundamental U.S. Large Company ETF7.4%
- Schwab International Equity ETF7.2%
- Vanguard Ftse Developed Markets ETF5.8%
- Vanguard S&P 500 ETF5.7%
- Other 80 positions63.5%
Biggest buys
New and added positions, by estimated amount bought
- iShares Core S&P Small Cap ETF464287804+$8.00MAdded
- iShares Semiconductor ETF464287523+$6.49MNew
- Vanguard Ftse Developed Markets ETF921943858+$5.13MAdded
- Vanguard Intermediate-Term Corporate Bond ETF92206C870+$4.28MAdded
- Schwab International Equity ETF808524805+$4.02MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Core S&P Small Cap ETF464287804+0.50 pp3.4% → 3.8%
- Schwab U.S. Small-Cap ETF808524607+0.30 pp2.7% → 3.0%
- iShares Semiconductor ETF464287523+0.24 pp0.0% → 0.2%
- Schwab Fundamental U.S. Small Company ETF808524763+0.22 pp2.8% → 3.0%
- iShares Core S&P 500 ETF464287200+0.21 pp10.2% → 10.4%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Total Bond Market ETF921937835−$6.16MReduced
- Vanguard High Dividend Yield Index ETF921946406−$4.42MReduced
- Vanguard Scottsdale FDS92206C102−$3.55MReduced
- Vanguard Morningstar Total Stock Market ETF922908769−$3.28MReduced
- Vanguard Star FDS921909768−$2.28MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Total Bond Market ETF921937835−0.49 pp2.3% → 1.8%
- Vanguard Scottsdale FDS92206C409−0.49 pp4.3% → 3.8%
- Vanguard High Dividend Yield Index ETF921946406−0.22 pp1.1% → 0.9%
- State Street Energy Select Sector SPDR ETF81369Y506−0.17 pp0.7% → 0.5%
- Vanguard Scottsdale FDS92206C102−0.16 pp0.2% → 0.1%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $2.72B
- +$303.4M (+12.6%) vs. prior quarter
- Positions
- 85
- −1 vs. prior quarter
- Top 10 concentration
- 58.3%
- Top 10 as share of value
- Turnover
- 1.3%
- Q2 2026, one quarter
- Average holding period
- 10.8 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 (Q4 2023), so positions held before then are understated.
13F filings by quarter
11 quarters, going back to Q4 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $2.72B (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 28, 2026 | 85 | $2.72B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 29, 2026 | 86 | $2.41B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 27, 2026 | 79 | $2.33B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 24, 2025 | 82 | $2.25B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 22, 2025 | 80 | $2.08B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 16, 2025 | 79 | $1.92B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 31, 2025 | 77 | $1.92B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 8, 2024 | 75 | $1.91B | iShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETFSchwab International Equity ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 16, 2024 | 177 | $1.79B | iShares Core S&P 500 ETFSchwab International Equity ETFSchwab Fundamental U.S. Large Company ETF | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 18, 2024 | 177 | $1.74B | iShares Core S&P 500 ETFSchwab International Equity ETFSchwab Fundamental U.S. Large Company ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 5, 2024 | 165 | $1.54B | Schwab International Equity ETFiShares Core S&P 500 ETFSchwab Fundamental U.S. Large Company ETF | – | SEC |