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Livermore
Livermore
ZHEN

Darwin Advisors, LLC

SEC CIK
0001663224
Latest filing
Jul 21, 2026

The latest 13F from Darwin Advisors, LLC covers Q2 2026 (filed Jul 21, 2026): 775 long positions worth $365.3M. The top 10 holdings make up 31.8% of the portfolio, and the largest is State Street Technology Select Sector SPDR ETF at 4.0%. 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
192
Est. +$19.8M
Added
244
Est. +$26.3M
Reduced
109
Est. −$23.3M
Sold out
21
Est. −$13.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street Technology Select Sector SPDR ETF81369Y803
    4.0%$14.7M
  2. VanEck ETF Trust92189H748
    4.0%$14.4M
  3. iShares MSCI Eafe ETF464287465
    3.9%$14.3M
  4. Horizon FDS44053A440
    3.7%$13.6M
  5. Vanguard World FD921910816
    3.1%$11.4M

Biggest buys

New and added positions, by estimated amount bought

  1. Horizon FDS44053A440
    +$13.6MNew
  2. VanEck ETF Trust92189F130
    +$5.01MNew
  3. AMATApplied Materials Inc
    +$2.58MAddedHistory
  4. FLEXFlex Ltd.
    +$2.17MAddedHistory
  5. CCitigroup Inc
    +$1.78MAddedHistory

Largest weight increases

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

  1. Horizon FDS44053A440
    +3.71 pp0.0% → 3.7%
  2. VanEck ETF Trust92189F130
    +1.37 pp0.0% → 1.4%
  3. AMATApplied Materials Inc
    +0.81 pp0.1% → 0.9%History
  4. FLEXFlex Ltd.
    +0.69 pp0.1% → 0.8%History
  5. CCitigroup Inc
    +0.49 pp<0.1% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Two RDS Shared Tr90214Q766
    −$13.1MSold out
  2. First Tr Exchange Trad FD VI33739H101
    −$5.52MReduced
  3. AMDAdvanced Micro Devices Inc
    −$5.38MReducedHistory
  4. QCOMQualcomm Inc
    −$2.62MReducedHistory
  5. ICEIntercontinental Exchange, Inc.
    −$2.00MReducedHistory

Largest weight decreases

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

  1. Two RDS Shared Tr90214Q766
    −4.08 pp4.1% → 0.0%
  2. First Tr Exchange Trad FD VI33739H101
    −1.86 pp2.0% → 0.2%
  3. ICEIntercontinental Exchange, Inc.
    −0.80 pp0.8% → <0.1%History
  4. QCOMQualcomm Inc
    −0.56 pp0.6% → <0.1%History
  5. AMDAdvanced Micro Devices Inc
    −0.54 pp0.6% → 0.1%History

Metrics

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

Portfolio value
$365.3M
+$44.2M (+13.8%) vs. prior quarter
Positions
775
+171 vs. prior quarter
Top 10 concentration
31.8%
Top 10 as share of value
Turnover
10.8%
Q2 2026, one quarter
Average holding period
11.5 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 $633.8M (Q4 2021)

Q1 2021: $573.0MQ2 2021: $614.4MQ3 2021: $625.4MQ4 2021: $633.8MQ1 2022: $608.8MQ2 2022: $494.6MQ3 2022: $400.0MQ4 2022: $386.3MQ1 2023: $369.1MQ2 2023: $388.8MQ3 2023: $371.7MQ4 2023: $372.7MQ1 2024: $358.8MQ2 2024: $201.4MQ3 2024: $364.5MQ4 2024: $297.5MQ1 2025: $297.5MQ2 2025: $289.0MQ3 2025: $314.7MQ4 2025: $321.9MQ1 2026: $321.0MQ2 2026: $365.3M
Q1 2021Q2 2026
13F filings of Darwin Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 21, 2026775$365.3MState Street Technology Select Sector SPDR ETFVanEck ETF TrustiShares MSCI Eafe ETFvs. Q1 2026SEC
Q1 2026May 1, 2026604$321.0MVanEck ETF TrustTwo RDS Shared TriShares MSCI Eafe ETFvs. Q4 2025SEC
Q4 2025Jan 22, 2026660$321.9MiShares MSCI Eafe ETFVanEck ETF TrustTwo RDS Shared Trvs. Q3 2025SEC
Q3 2025Oct 16, 2025607$314.7MiShares MSCI Eafe ETFVanEck ETF TrustVanguard World FDvs. Q2 2025SEC
Q2 2025Aug 14, 2025610$289.0MVanEck ETF TrustiShares MSCI Eafe ETFTwo RDS Shared Trvs. Q1 2025SEC
Q1 2025Aug 18, 2025638$297.5MTwo RDS Shared TriShares MSCI Eafe ETFVanguard World FDvs. Q4 2024SEC
Q4 2024Sep 2, 2025Amended638$297.5MTwo RDS Shared TriShares MSCI Eafe ETFVanguard World FDvs. Q3 2024SEC
Q3 2024Nov 8, 2024648$364.5MTwo RDS Shared TrVanguard World FDiShares MSCI Eafe ETFvs. Q2 2024SEC
Q2 2024Aug 8, 202478$201.4MTwo RDS Shared TrFirst Tr Exchng Traded FD VIFirst Tr Exchange-Traded FDvs. Q1 2024SEC
Q1 2024May 13, 2024137$358.8MTwo RDS Shared TrVanguard World FDiShares MSCI Eafe ETFvs. Q4 2023SEC
Q4 2023Feb 7, 2024143$372.7MInvesco QQQ Trust Series ITwo RDS Shared TrVanguard World FDvs. Q3 2023SEC
Q3 2023Nov 7, 2023147$371.7MInvesco QQQ Trust Series ITwo RDS Shared TrVanguard World FDvs. Q2 2023SEC
Q2 2023Jul 12, 2023144$388.8MInvesco QQQ Trust Series ITwo RDS Shared TrVanguard World FDvs. Q1 2023SEC
Q1 2023Apr 18, 2023155$369.1MInvesco QQQ Trust Series ITwo RDS Shared TrFirst Tr Exchng Traded FD VIvs. Q4 2022SEC
Q4 2022Jan 17, 2023164$386.3MInvesco QQQ Trust Series ITwo RDS Shared TrFirst Tr Exchange-Traded FDvs. Q3 2022SEC
Q3 2022Oct 18, 2022151$400.0MInvesco QQQ Trust Series ITwo RDS Shared TrFirst Tr Exchange-Traded FDvs. Q2 2022SEC
Q2 2022Aug 3, 2022160$494.6MInvesco QQQ Trust Series IVanguard World FDTwo RDS Shared Trvs. Q1 2022SEC
Q1 2022May 4, 2022169$608.8MInvesco QQQ Trust Series IState Street Technology Select Sector SPDR ETFVanguard World FDvs. Q4 2021SEC
Q4 2021Jan 21, 2022165$633.8MInvesco QQQ Trust Series IVanguard World FDState Street Technology Select Sector SPDR ETFvs. Q3 2021SEC
Q3 2021Oct 27, 2021170$625.4MInvesco QQQ Trust Series IVanguard World FDSGOLvs. Q2 2021SEC
Q2 2021Aug 12, 2021169$614.4MInvesco QQQ Trust Series IVanguard World FDState Street Technology Select Sector SPDR ETFvs. Q1 2021SEC
Q1 2021May 17, 2021165$573.0MVanguard World FDInvesco QQQ Trust Series IFirst Tr Exchng Traded FD VI–SEC