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Livermore
Livermore
ZHEN

Peak Financial Management, Inc.

SEC CIK
0001669662
Latest filing
Jul 20, 2026

The latest 13F from Peak Financial Management, Inc. covers Q2 2026 (filed Jul 20, 2026): 114 long positions worth $435.5M. The top 10 holdings make up 52.4% of the portfolio, and the largest is Vanguard Star FDS at 11.8%. 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
20
Est. +$5.99M
Added
45
Est. +$8.75M
Reduced
29
Est. −$1.86M
Sold out
6
Est. −$1.24M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Star FDS921909768
    11.8%$51.3M
  2. Vanguard Morningstar Total Stock Market ETF922908769
    7.8%$34.0M
  3. SPDR Index Shs FDS78463X475
    7.2%$31.3M
  4. Invesco Exchange Traded FD T46137V357
    4.8%$21.1M
  5. J P Morgan Exchange Traded F46641Q852
    4.0%$17.3M

Share of portfolio

Top 5 holdings and the other 109 positions, by share of portfolio value

  1. Vanguard Star FDS11.8%
  2. Vanguard Morningstar Total Stock Market ETF7.8%
  3. SPDR Index Shs FDS7.2%
  4. Invesco Exchange Traded FD T4.8%
  5. J P Morgan Exchange Traded F4.0%
  6. Other 109 positions64.4%

Biggest buys

New and added positions, by estimated amount bought

  1. TCW ETF Trust29287L700
    +$920.1KAdded
  2. SNDKSandisk Corp
    +$909.5KNewHistory
  3. Invesco Exchange Traded FD T46137V357
    +$860.0KAdded
  4. Schwab US Aggregate Bond ETF808524839
    +$700.5KAdded
  5. Schwab U.S. Broad Market ETF808524102
    +$699.0KAdded

Largest weight increases

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

  1. Schwab U.S. Broad Market ETF808524102
    +0.29 pp3.0% → 3.3%
  2. Schwab U.S. Mid-Cap ETF808524508
    +0.25 pp3.1% → 3.3%
  3. Invesco Exchange Traded FD T46137V357
    +0.21 pp4.6% → 4.8%
  4. SNDKSandisk Corp
    +0.21 pp0.0% → 0.2%History
  5. iShares Core S&P Small Cap ETF464287804
    +0.19 pp2.2% → 2.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard S&P 500 ETF922908363
    −$418.3KReduced
  2. NVDANVIDIA Corp
    −$347.2KReducedHistory
  3. Vanguard Morningstar Total Stock Market ETF922908769
    −$287.5KReduced
  4. PLTRPalantir Technologies Inc.
    −$257.3KSold outHistory
  5. PHParker-Hannifin Corp
    −$254.2KSold outHistory

Largest weight decreases

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

  1. CEFSprott Physical Gold & Silver Trust
    −0.22 pp0.9% → 0.7%History
  2. DJPBarclays Bank PLC
    −0.10 pp0.6% → 0.5%History
  3. iShares Tr46429B747
    −0.07 pp0.6% → 0.5%
  4. PLTRPalantir Technologies Inc.
    −0.07 pp0.1% → 0.0%History
  5. PHParker-Hannifin Corp
    −0.06 pp0.1% → 0.0%History

Metrics

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

Portfolio value
$435.5M
+$41.6M (+10.6%) vs. prior quarter
Positions
114
+14 vs. prior quarter
Top 10 concentration
52.4%
Top 10 as share of value
Turnover
0.7%
Q2 2026, one quarter
Average holding period
16.9 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 $435.5M (Q2 2026)

Q1 2021: $276.0MQ2 2021: $294.4MQ3 2021: $295.1MQ4 2021: $308.8MQ1 2022: $298.5MQ2 2022: $260.0MQ3 2022: $239.8MQ4 2022: $254.3MQ1 2023: $268.9MQ2 2023: $280.8MQ3 2023: $274.9MQ4 2023: $297.7MQ1 2024: $315.5MQ2 2024: $319.5MQ3 2024: $340.6MQ4 2024: $333.9MQ1 2025: $333.9MQ2 2025: $351.6MQ3 2025: $378.3MQ4 2025: $387.7MQ1 2026: $393.9MQ2 2026: $435.5M
Q1 2021Q2 2026
13F filings of Peak Financial Management, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 20, 2026114$435.5MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q1 2026SEC
Q1 2026Apr 28, 2026100$393.9MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q4 2025SEC
Q4 2025Jan 23, 202698$387.7MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q3 2025SEC
Q3 2025Oct 9, 2025101$378.3MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q2 2025SEC
Q2 2025Jul 23, 202595$351.6MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q1 2025SEC
Q1 2025May 13, 202597$333.9MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q4 2024SEC
Q4 2024Jan 22, 202596$333.9MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q3 2024SEC
Q3 2024Oct 15, 202498$340.6MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q2 2024SEC
Q2 2024Jul 23, 202494$319.5MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q1 2024SEC
Q1 2024Apr 23, 202496$315.5MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q4 2023SEC
Q4 2023Jan 18, 202485$297.7MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q3 2023SEC
Q3 2023Oct 25, 202372$274.9MVanguard Star FDSVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSvs. Q2 2023SEC
Q2 2023Jul 27, 202378$280.8MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSSchwab International Equity ETFvs. Q1 2023SEC
Q1 2023Apr 25, 202369$268.9MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSSchwab International Equity ETFvs. Q4 2022SEC
Q4 2022Jan 30, 202371$254.3MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSSchwab International Equity ETFvs. Q3 2022SEC
Q3 2022Oct 28, 202266$239.8MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSVanguard S&P 500 ETFvs. Q2 2022SEC
Q2 2022Jul 29, 202266$260.0MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSVanguard S&P 500 ETFvs. Q1 2022SEC
Q1 2022Apr 20, 202275$298.5MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSVanguard S&P 500 ETFvs. Q4 2021SEC
Q4 2021Jan 27, 202277$308.8MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSVanguard S&P 500 ETFvs. Q3 2021SEC
Q3 2021Oct 19, 202171$295.1MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSVanguard S&P 500 ETFvs. Q2 2021SEC
Q2 2021Aug 4, 202171$294.4MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSVanguard S&P 500 ETFvs. Q1 2021SEC
Q1 2021Apr 29, 202173$276.0MVanguard Morningstar Total Stock Market ETFSPDR Index Shs FDSSchwab International Equity ETF–SEC