Skip to main content
Livermore
Livermore
ZHEN

Harfst & Associates, Inc.

SEC CIK
0001649147
Latest filing
Jul 31, 2026

The latest 13F from Harfst & Associates, Inc. covers Q2 2026 (filed Jul 31, 2026): 124 long positions worth $643.4M. The top 10 holdings make up 62.1% of the portfolio, and the largest is Raymond James Financial Inc (RJF) at 25.1%. 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
8
Est. +$1.89M
Added
51
Est. +$22.4M
Reduced
49
Est. −$12.9M
Sold out
5
Est. −$1.74M

Top 5 holdings

Share of this quarter's portfolio value

  1. RJFRaymond James Financial Inc
    25.1%$161.3MHistory
  2. iShares Core S&P 500 ETF464287200
    11.4%$73.1M
  3. Invesco QQQ Trust Series I46090E103
    5.6%$36.1M
  4. Vanguard Industrials ETF92204A603
    4.1%$26.4M
  5. T Rowe Price Exchange-Traded87283Q701
    3.9%$25.4M

Share of portfolio

Top 5 holdings and the other 119 positions, by share of portfolio value

  1. RJF25.1%
  2. iShares Core S&P 500 ETF11.4%
  3. Invesco QQQ Trust Series I5.6%
  4. Vanguard Industrials ETF4.1%
  5. T Rowe Price Exchange-Traded3.9%
  6. Other 119 positions49.9%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Short-Term Bond ETF921937827
    +$5.32MAdded
  2. T Rowe Price Exchange-Traded87283Q701
    +$4.97MAdded
  3. Invesco Actively Managed Exc46090A879
    +$2.83MAdded
  4. GLWCorning Inc
    +$827.6KAddedHistory
  5. CSCOCisco Systems, Inc.
    +$736.6KAddedHistory

Largest weight increases

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

  1. Vanguard Short-Term Bond ETF921937827
    +0.60 pp1.7% → 2.3%
  2. T Rowe Price Exchange-Traded87283Q701
    +0.30 pp3.6% → 3.9%
  3. GLWCorning Inc
    +0.29 pp0.2% → 0.5%History
  4. CSCOCisco Systems, Inc.
    +0.19 pp0.2% → 0.4%History
  5. Vanguard Index FDS922908652
    +0.16 pp1.2% → 1.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Core S&P 500 ETF464287200
    −$1.51MReduced
  2. AMDAdvanced Micro Devices Inc
    −$1.12MReducedHistory
  3. LRCXLam Research Corp
    −$1.10MReducedHistory
  4. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    −$1.03MReduced
  5. AMATApplied Materials Inc
    −$1.02MReducedHistory

Largest weight decreases

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

  1. RJFRaymond James Financial Inc
    −2.36 pp27.4% → 25.1%History
  2. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    −0.28 pp0.9% → 0.6%
  3. iShares Core S&P 500 ETF464287200
    −0.26 pp11.6% → 11.4%
  4. XOMExxonMobil Holdings Corp
    −0.19 pp0.6% → 0.4%History
  5. COSTCostco Wholesale Corp
    −0.13 pp0.7% → 0.6%History

Metrics

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

Portfolio value
$643.4M
+$83.2M (+14.9%) vs. prior quarter
Positions
124
+3 vs. prior quarter
Top 10 concentration
62.1%
Top 10 as share of value
Turnover
2.4%
Q2 2026, one quarter
Average holding period
15.9 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 $643.4M (Q2 2026)

Q1 2021: $331.9MQ2 2021: $345.2MQ3 2021: $361.9MQ4 2021: $392.9MQ1 2022: $430.5MQ2 2022: $352.2MQ3 2022: $332.5MQ4 2022: $346.7MQ1 2023: $348.7MQ2 2023: $375.7MQ3 2023: $356.3MQ4 2023: $378.8MQ1 2024: $421.2MQ2 2024: $429.0MQ3 2024: $445.2MQ4 2024: $480.0MQ1 2025: $432.7MQ2 2025: $484.9MQ3 2025: $542.2MQ4 2025: $554.6MQ1 2026: $560.2MQ2 2026: $643.4M
Q1 2021Q2 2026
13F filings of Harfst & Associates, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 31, 2026124$643.4MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026May 13, 2026121$560.2MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q4 2025SEC
Q4 2025Feb 10, 2026111$554.6MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q3 2025SEC
Q3 2025Oct 23, 2025112$542.2MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q2 2025SEC
Q2 2025Aug 13, 202598$484.9MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q1 2025SEC
Q1 2025May 13, 2025116$432.7MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q4 2024SEC
Q4 2024Feb 5, 202593$480.0MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q3 2024SEC
Q3 2024Oct 18, 202495$445.2MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q2 2024SEC
Q2 2024Aug 1, 2024104$429.0MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q1 2024SEC
Q1 2024Aug 1, 2024Amended105$421.2MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q4 2023SEC
Q4 2023Feb 7, 202488$378.8MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q3 2023SEC
Q3 2023Nov 7, 202391$356.3MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q2 2023SEC
Q2 2023Aug 7, 202390$375.7MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q1 2023SEC
Q1 2023May 10, 2023100$348.7MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q4 2022SEC
Q4 2022Feb 13, 202398$346.7MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q3 2022SEC
Q3 2022Oct 28, 2022100$332.5MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series Ivs. Q2 2022SEC
Q2 2022Jul 28, 2022108$352.2MRJFiShares Core S&P 500 ETFInvesco Actively Managed Excvs. Q1 2022SEC
Q1 2022Apr 28, 2022119$430.5MRJFiShares Core S&P 500 ETFInvesco Actively Managed Excvs. Q4 2021SEC
Q4 2021Feb 7, 2022121$392.9MRJFiShares Core S&P 500 ETFInvesco Actively Managed Excvs. Q3 2021SEC
Q3 2021Oct 28, 2021127$361.9MRJFiShares Core S&P 500 ETFInvesco Actively Managed Excvs. Q2 2021SEC
Q2 2021Aug 11, 2021131$345.2MRJFiShares Core S&P 500 ETFInvesco Actively Managed Excvs. Q1 2021SEC
Q1 2021May 10, 2021139$331.9MRJFiShares Core S&P 500 ETFInvesco QQQ Trust Series I–SEC