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Livermore
Livermore
ZHEN

Capital Asset Advisory Services LLC

SEC CIK
0001666024
Latest filing
Aug 14, 2026

The latest 13F from Capital Asset Advisory Services LLC covers Q2 2026 (filed Aug 14, 2026): 374 long positions worth $2.76B. The top 10 holdings make up 42.3% of the portfolio, and the largest is Vanguard Morningstar Large-Cap ETF at 12.7%. 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
88
Est. +$32.0M
Added
166
Est. +$88.2M
Reduced
97
Est. −$276.9M
Sold out
13
Est. −$7.37M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Large-Cap ETF922908637
    12.7%$349.9M
  2. iShares Core U.S. Aggregate Bond ETF464287226
    5.9%$164.3M
  3. iShares Tr46435G326
    4.1%$114.5M
  4. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    3.9%$108.8M
  5. Vanguard Morningstar Mid-Cap ETF922908629
    3.0%$81.8M

Share of portfolio

Top 5 holdings and the other 369 positions, by share of portfolio value

  1. Vanguard Morningstar Large-Cap ETF12.7%
  2. iShares Core U.S. Aggregate Bond ETF5.9%
  3. iShares Tr4.1%
  4. State Street SPDR Portfolio Developed World Ex-US ETF3.9%
  5. Vanguard Morningstar Mid-Cap ETF3.0%
  6. Other 369 positions70.3%

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    +$7.34MAdded
  2. Invesco Exch Traded FD Tr II46138E461
    +$4.41MAdded
  3. iShares Core S&P Mid-Cap ETF464287507
    +$4.34MAdded
  4. iShares Core U.S. Aggregate Bond ETF464287226
    +$4.18MAdded
  5. First Tr Exchng Traded FD VI33740U703
    +$3.23MAdded

Largest weight increases

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

  1. First Tr Exchange-Traded FD33734X846
    +0.48 pp1.7% → 2.2%
  2. Invesco Exch Traded FD Tr II46138E461
    +0.14 pp2.7% → 2.8%
  3. iShares Core S&P Mid-Cap ETF464287507
    +0.14 pp2.5% → 2.7%
  4. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    +0.13 pp3.8% → 3.9%
  5. Global X FDS37954Y673
    +0.10 pp2.1% → 2.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Morningstar Mid-Cap ETF922908629
    −$247.3MReducedConverted for a 4-for-1 split
  2. Vanguard Morningstar Large-Cap ETF922908637
    −$6.92MReduced
  3. Vanguard Information Technology ETF92204A702
    −$3.67MReducedConverted for a 8-for-1 split
  4. Vanguard Morningstar Growth ETF922908736
    −$2.88MReducedConverted for a 6-for-1 split
  5. HONHoneywell International Inc
    −$2.34MSold outHistory

Largest weight decreases

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

  1. iShares Tr46435G326
    −0.32 pp4.5% → 4.1%
  2. Vanguard Morningstar Large-Cap ETF922908637
    −0.30 pp13.0% → 12.7%
  3. AMZNAmazon Com Inc
    −0.14 pp1.0% → 0.9%History
  4. Vanguard Total Bond Market ETF921937835
    −0.10 pp1.5% → 1.4%
  5. J P Morgan Exchange Traded F46641Q654
    −0.10 pp0.7% → 0.6%

Metrics

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

Portfolio value
$2.76B
+$156.4M (+6.0%) vs. prior quarter
Positions
374
+75 vs. prior quarter
Top 10 concentration
42.3%
Top 10 as share of value
Turnover
4.5%
Q2 2026, one quarter
Average holding period
17.6 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 $2.76B (Q2 2026)

Q1 2021: $670.6MQ2 2021: $911.6MQ3 2021: $898.1MQ4 2021: $942.5MQ1 2022: $940.1MQ2 2022: $907.9MQ3 2022: $768.8MQ4 2022: $1.25BQ1 2023: $1.34BQ2 2023: $1.43BQ3 2023: $1.46BQ4 2023: $1.62BQ1 2024: $1.75BQ2 2024: $1.84BQ3 2024: $2.00BQ4 2024: $2.03BQ1 2025: $1.96BQ2 2025: $2.14BQ3 2025: $2.32BQ4 2025: $2.49BQ1 2026: $2.61BQ2 2026: $2.76B
Q1 2021Q2 2026
13F filings of Capital Asset Advisory Services LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026374$2.76BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q1 2026SEC
Q1 2026Apr 24, 2026299$2.61BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q4 2025SEC
Q4 2025Jan 9, 2026289$2.49BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q3 2025SEC
Q3 2025Oct 2, 2025283$2.32BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q2 2025SEC
Q2 2025Jul 7, 2025271$2.14BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q1 2025SEC
Q1 2025Apr 9, 2025282$1.96BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q4 2024SEC
Q4 2024Jan 22, 2025309$2.03BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q3 2024SEC
Q3 2024Oct 17, 2024317$2.00BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q2 2024SEC
Q2 2024Jul 24, 2024314$1.84BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q1 2024SEC
Q1 2024Apr 16, 2024314$1.75BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q4 2023SEC
Q4 2023Jan 9, 2024306$1.62BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q3 2023SEC
Q3 2023Oct 18, 2023312$1.46BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q2 2023SEC
Q2 2023Aug 2, 2023333$1.43BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q1 2023SEC
Q1 2023May 12, 2023350$1.34BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q4 2022SEC
Q4 2022Mar 8, 2023365$1.25BVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q3 2022SEC
Q3 2022Nov 14, 2022460$768.8MVanguard Morningstar Large-Cap ETFiShares TrIAUvs. Q2 2022SEC
Q2 2022Aug 11, 2022573$907.9MiShares TrVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFvs. Q1 2022SEC
Q1 2022Apr 29, 2022566$940.1MVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q4 2021SEC
Q4 2021Feb 4, 2022597$942.5MVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q3 2021SEC
Q3 2021Oct 14, 2021707$898.1MVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q2 2021SEC
Q2 2021Aug 6, 2021731$911.6MVanguard Morningstar Large-Cap ETFiShares Core U.S. Aggregate Bond ETFiShares Trvs. Q1 2021SEC
Q1 2021May 13, 2021693$670.6MIAUSPDR Series TrustiShares MSCI USA Min Vol Factor ETF–SEC