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Livermore
Livermore
ZHEN

First PREMIER Bank

SEC CIK
0001653926
Latest filing
Jul 15, 2026

The latest 13F from First PREMIER Bank covers Q2 2026 (filed Jul 15, 2026): 358 long positions worth $618.6M. The top 10 holdings make up 42.7% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 7.5%. 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
10
Est. +$11.9M
Added
55
Est. +$142.5M
Reduced
96
Est. −$7.51M
Sold out
27
Est. −$269.0K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    7.5%$46.6M
  2. Vanguard Total Bond Market ETF921937835
    6.7%$41.6M
  3. Vanguard Ftse Developed Markets ETF921943858
    6.0%$36.9M
  4. Vanguard Morningstar Value ETF922908744
    5.2%$32.4M
  5. AAPLApple Inc.
    4.2%$26.0MHistory

Share of portfolio

Top 5 holdings and the other 353 positions, by share of portfolio value

  1. Vanguard Morningstar Total Stock Market ETF7.5%
  2. Vanguard Total Bond Market ETF6.7%
  3. Vanguard Ftse Developed Markets ETF6.0%
  4. Vanguard Morningstar Value ETF5.2%
  5. AAPL4.2%
  6. Other 353 positions70.3%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Total Bond Market ETF921937835
    +$38.3MAdded
  2. Vanguard Ftse Developed Markets ETF921943858
    +$30.2MAdded
  3. Vanguard S&P 500 ETF922908363
    +$19.9MAdded
  4. Vanguard Ftse Emerging Markets ETF922042858
    +$7.96MAdded
  5. Vanguard High Dividend Yield Index ETF921946406
    +$7.90MAdded

Largest weight increases

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

  1. Vanguard Total Bond Market ETF921937835
    +5.96 pp0.8% → 6.7%
  2. Vanguard Ftse Developed Markets ETF921943858
    +4.57 pp1.4% → 6.0%
  3. Vanguard S&P 500 ETF922908363
    +3.05 pp0.9% → 3.9%
  4. Vanguard Ftse Emerging Markets ETF922042858
    +1.27 pp0.1% → 1.3%
  5. State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847
    +1.07 pp0.0% → 1.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco Actively Managed Exc46090A705
    −$1.97MReduced
  2. SOSouthern Co
    −$573.9KReducedHistory
  3. Vanguard Whitehall FDS921946794
    −$562.9KReduced
  4. QCOMQualcomm Inc
    −$293.7KReducedHistory
  5. Amplify ETF Tr032108888
    −$273.7KReduced

Largest weight decreases

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

  1. AAPLApple Inc.
    −1.11 pp5.3% → 4.2%History
  2. Invesco Actively Managed Exc46090A705
    −0.97 pp2.7% → 1.7%
  3. SOSouthern Co
    −0.62 pp1.7% → 1.1%History
  4. MSFTMicrosoft Corp
    −0.61 pp2.0% → 1.4%History
  5. DUKDuke Energy CORP
    −0.59 pp1.8% → 1.2%History

Metrics

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

Portfolio value
$618.6M
+$185.4M (+42.8%) vs. prior quarter
Positions
358
−17 vs. prior quarter
Top 10 concentration
42.7%
Top 10 as share of value
Turnover
1.5%
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 $618.6M (Q2 2026)

Q1 2021: $282.4MQ2 2021: $346.5MQ3 2021: $352.8MQ4 2021: $386.3MQ1 2022: $379.5MQ2 2022: $335.0MQ3 2022: $306.5MQ4 2022: $330.2MQ1 2023: $343.1MQ2 2023: $350.2MQ3 2023: $326.1MQ4 2023: $356.7MQ1 2024: $378.2MQ2 2024: $373.9MQ3 2024: $401.1MQ4 2024: $392.8MQ1 2025: $394.0MQ2 2025: $412.6MQ3 2025: $440.4MQ4 2025: $436.2MQ1 2026: $433.2MQ2 2026: $618.6M
Q1 2021Q2 2026
13F filings of First PREMIER Bank by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 15, 2026358$618.6MVanguard Morningstar Total Stock Market ETFVanguard Total Bond Market ETFVanguard Ftse Developed Markets ETFvs. Q1 2026SEC
Q1 2026Apr 20, 2026375$433.2MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q4 2025SEC
Q4 2025Jan 23, 2026377$436.2MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q3 2025SEC
Q3 2025Oct 15, 2025401$440.4MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q2 2025SEC
Q2 2025Jul 11, 2025394$412.6MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q1 2025SEC
Q1 2025Apr 22, 2025398$394.0MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q4 2024SEC
Q4 2024Jan 17, 2025390$392.8MVanguard Morningstar Total Stock Market ETFAAPLVanguard Morningstar Value ETFvs. Q3 2024SEC
Q3 2024Oct 8, 2024410$401.1MVanguard Morningstar Total Stock Market ETFAAPLVanguard Morningstar Value ETFvs. Q2 2024SEC
Q2 2024Jul 17, 2024404$373.9MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q1 2024SEC
Q1 2024Apr 12, 2024499$378.2MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q4 2023SEC
Q4 2023Jan 17, 2024374$356.7MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q3 2023SEC
Q3 2023Oct 16, 2023353$326.1MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q2 2023SEC
Q2 2023Jul 13, 2023372$350.2MVanguard Morningstar Total Stock Market ETFAAPLVanguard Morningstar Value ETFvs. Q1 2023SEC
Q1 2023Apr 10, 2023397$343.1MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFAAPLvs. Q4 2022SEC
Q4 2022Jan 17, 2023398$330.2MVanguard Morningstar Total Stock Market ETFVanguard Morningstar Value ETFInvesco Actively Managed Excvs. Q3 2022SEC
Q3 2022Oct 20, 2022410$306.5MVanguard Morningstar Total Stock Market ETFInvesco Actively Managed ExcVanguard Morningstar Value ETFvs. Q2 2022SEC
Q2 2022Jul 26, 2022406$335.0MVanguard Morningstar Total Stock Market ETFInvesco Actively Managed ExcVanguard Morningstar Value ETFvs. Q1 2022SEC
Q1 2022Apr 25, 2022365$379.5MVanguard Morningstar Total Stock Market ETFInvesco Actively Managed ExcAAPLvs. Q4 2021SEC
Q4 2021Jan 19, 2022361$386.3MVanguard Morningstar Total Stock Market ETFAAPLInvesco Actively Managed Excvs. Q3 2021SEC
Q3 2021Oct 12, 2021360$352.8MVanguard Morningstar Total Stock Market ETFAmplify ETF TrInvesco Actively Managed Excvs. Q2 2021SEC
Q2 2021Jul 14, 2021365$346.5MVanguard Morningstar Total Stock Market ETFAmplify ETF TrAAPLvs. Q1 2021SEC
Q1 2021Apr 12, 2021315$282.4MVanguard Morningstar Total Stock Market ETFAAPLPG–SEC