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Livermore
Livermore
ZHEN

Matisse Capital

SEC CIK
0001668256
Latest filing
Aug 12, 2026

The latest 13F from Matisse Capital covers Q2 2026 (filed Aug 12, 2026): 158 long positions worth $249.8M. The top 10 holdings make up 29.1% of the portfolio, and the largest is Apple Inc. (AAPL) at 4.2%. Livermore has 24 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
15
Est. +$5.91M
Added
42
Est. +$9.25M
Reduced
31
Est. −$9.19M
Sold out
20
Est. −$15.4M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    4.2%$10.4MHistory
  2. iShares Core Dividend Growth ETF46434V621
    3.4%$8.46M
  3. LRCXLam Research Corp
    3.1%$7.86MHistory
  4. PCQPIMCO California Municipal Income Fund
    3.0%$7.61MHistory
  5. ASNDAscendis Pharma A/S
    3.0%$7.50MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. EVFEaton Vance Senior Income Trust
    +$1.71MAddedHistory
  2. DHYCredit Suisse High Yield Credit Fund
    +$1.30MNewHistory
  3. SWZTotal Return Securities Fund
    +$1.20MAddedHistory
  4. EFREaton Vance Senior Floating-Rate Trust
    +$1.06MNewHistory
  5. FSSLFS Specialty Lending Fund
    +$744.8KAddedHistory

Largest weight increases

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

  1. EVFEaton Vance Senior Income Trust
    +0.68 pp0.1% → 0.7%History
  2. DHYCredit Suisse High Yield Credit Fund
    +0.52 pp0.0% → 0.5%History
  3. ASNDAscendis Pharma A/S
    +0.45 pp2.6% → 3.0%History
  4. EFREaton Vance Senior Floating-Rate Trust
    +0.42 pp0.0% → 0.4%History
  5. SWZTotal Return Securities Fund
    +0.41 pp1.0% → 1.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. BTXBlackRock Technology & Private Equity Term Trust
    −$3.91MSold outHistory
  2. MXFMexico Fund Inc
    −$2.18MReducedHistory
  3. BTTBlackRock Municipal 2030 Target Term Trust
    −$1.85MSold outHistory
  4. CAFMorgan Stanley China A Share Fund, Inc.
    −$1.67MReducedHistory
  5. TWNTaiwan Fund Inc
    −$1.40MReducedHistory

Largest weight decreases

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

  1. BTXBlackRock Technology & Private Equity Term Trust
    −1.68 pp1.7% → 0.0%History
  2. MXFMexico Fund Inc
    −0.91 pp1.8% → 0.9%History
  3. BTTBlackRock Municipal 2030 Target Term Trust
    −0.79 pp0.8% → 0.0%History
  4. CAFMorgan Stanley China A Share Fund, Inc.
    −0.50 pp1.3% → 0.8%History
  5. VVisa Inc.
    −0.47 pp0.5% → 0.0%History

Metrics

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

Portfolio value
$249.8M
+$16.1M (+6.9%) vs. prior quarter
Positions
158
−5 vs. prior quarter
Top 10 concentration
29.1%
Top 10 as share of value
Turnover
6.3%
Q2 2026, one quarter
Average holding period
11.0 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 $347.0M (Q1 2021)

Q1 2021: $347.0MQ2 2021: $316.1MQ3 2021: $271.7MQ4 2021: $144.7MQ1 2022: $108.7MQ2 2022: $105.3MQ3 2022: $78.9MQ4 2022: $112.6MQ1 2023: $154.9MQ2 2023: $161.2MQ3 2023: $141.7MQ4 2023: $187.7MQ1 2024: $207.9MQ2 2024: $202.1MQ3 2024: $205.6MQ4 2024: $196.7MQ1 2025: $189.6MQ2 2025: $211.5MQ3 2025: $222.2MQ4 2025: $223.7MQ1 2026: $233.6MQ2 2026: $249.8M
Q1 2021Q2 2026
13F filings of Matisse Capital by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 2026158$249.8MAAPLiShares Core Dividend Growth ETFLRCXvs. Q1 2026SEC
Q1 2026May 8, 2026163$233.6MAAPLiShares Core Dividend Growth ETFPCQvs. Q4 2025SEC
Q4 2025Jan 29, 2026166$223.7MAAPLPCQiShares Core Dividend Growth ETFvs. Q3 2025SEC
Q3 2025Oct 29, 2025164$222.2MAAPLPCQMSFTvs. Q2 2025SEC
Q2 2025Jul 23, 2025168$211.5MAAPLMSFTiShares Core Dividend Growth ETFvs. Q1 2025SEC
Q1 2025Apr 24, 2025165$189.6MAAPLiShares Core Dividend Growth ETFMSFTvs. Q4 2024SEC
Q4 2024Jan 24, 2025169$196.7MAAPLMSFTiShares Core Dividend Growth ETFvs. Q3 2024SEC
Q3 2024Oct 17, 2024176$205.6MAAPLiShares Core Dividend Growth ETFMSFTvs. Q2 2024SEC
Q2 2024Jul 30, 2024181$202.1MAAPLMSFTiShares Core Dividend Growth ETFvs. Q1 2024SEC
Q1 2024Apr 30, 2024190$207.9MMSFTAAPLiShares Core Dividend Growth ETFvs. Q4 2023SEC
Q4 2023Feb 8, 2024196$187.7MAAPLiShares Core Dividend Growth ETFMSFTvs. Q3 2023SEC
Q3 2023Oct 13, 2023169$141.7MiShares Core Dividend Growth ETFAAPLMSFTvs. Q2 2023SEC
Q2 2023Aug 2, 2023169$161.2MAAPLiShares Core Dividend Growth ETFMSFTvs. Q1 2023SEC
Q1 2023Apr 27, 2023175$154.9MAAPLiShares Core Dividend Growth ETFMSFTvs. Q4 2022SEC
Q4 2022Jan 24, 2023Amended131$112.6MiShares Core Dividend Growth ETFAAPLMSFTvs. Q3 2022SEC
Q3 2022Nov 8, 202284$78.9MiShares Core Dividend Growth ETFAAPLMSFTvs. Q2 2022SEC
Q2 2022Jul 28, 2022124$105.3MiShares Core Dividend Growth ETFAAPLMSFTvs. Q1 2022SEC
Q1 2022Apr 12, 2022123$108.7MiShares Core Dividend Growth ETFAAPLMSFTvs. Q4 2021SEC
Q4 2021Feb 4, 2022137$144.7MAlps ETF TriShares Core Dividend Growth ETFMSFTvs. Q3 2021SEC
Q3 2021Nov 8, 2021150$271.7MPershing Square Tontine HldgHFROADXvs. Q2 2021SEC
Q2 2021Aug 11, 2021148$316.1MHFROCETADXvs. Q1 2021SEC
Q1 2021May 14, 2021165$347.0MHFROCAFADX–SEC

13D and 13G filings

Companies where Matisse Capital reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

2 companies, largest stake first.

Companies where Matisse Capital owns 5% or more
CompanyLatest formStakeChangeFirst filedLatest filingFiling
MXEMexico Equity & Income Fund Inc13G5.40%237.8K sharesNewNov 12, 20241 filingNov 12, 2024SEC
DMADestra Multi-Alternative Fund13G5.10%455.0K sharesNewAug 13, 20261 filingAug 13, 2026SEC

Latest filings

4 filings on file made by Matisse Capital or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Matisse Capital
CompanyFiled (ET)FormStakeChangeEvent dateFiling
DMADestra Multi-Alternative FundAug 13, 20262:57 PM ET13G5.10%455.0K sharesNewJun 30, 2026SEC
HERZHerzfeld Credit Income Fund, IncMay 14, 202510:28 AM ET13G/A0.00%0 shares−5.60 ppfrom 5.60%Below 5%Mar 5, 2025SEC
MXEMexico Equity & Income Fund IncNov 12, 202412:04 PM ET13G5.40%237.8K sharesNewSep 30, 2024SEC
HERZHerzfeld Credit Income Fund, IncFeb 14, 20242:21 PM ET13G5.60%899.5K sharesNewDec 29, 2023SEC