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Livermore
Livermore
ZHEN

Nicholas Hoffman & Company, LLC.

SEC CIK
0001678953
Latest filing
Aug 4, 2026

The latest 13F from Nicholas Hoffman & Company, LLC. covers Q2 2026 (filed Aug 4, 2026): 344 long positions worth $4.74B. The top 10 holdings make up 79.2% of the portfolio, and the largest is Vanguard S&P 500 ETF at 20.3%. Livermore has 26 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
27
Est. +$15.5M
Added
139
Est. +$34.6M
Reduced
117
Est. −$83.2M
Sold out
9
Est. −$11.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    20.3%$961.7M
  2. Vanguard Ftse Developed Markets ETF921943858
    19.6%$926.3M
  3. BRK.BBerkshire Hathaway Inc
    8.4%$399.3MHistory
  4. Vanguard Ftse Emerging Markets ETF922042858
    8.4%$397.9M
  5. Vanguard Morningstar Mid-Cap ETF922908629
    8.1%$384.7M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Ftse Developed Markets ETF921943858
    +$8.96MAdded
  2. XOMExxonMobil Holdings Corp
    +$5.60MNewHistory
  3. Vanguard S&P 500 ETF922908363
    +$5.14MAdded
  4. Schwab Fundamental International Equity ETF808524755
    +$2.64MAdded
  5. Vanguard Morningstar Mid-Cap ETF922908629
    +$2.48MAddedConverted for a 4-for-1 split

Largest weight increases

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

  1. Vanguard S&P 500 ETF922908363
    +1.09 pp19.2% → 20.3%
  2. Vanguard Ftse Developed Markets ETF921943858
    +0.51 pp19.0% → 19.6%
  3. Vanguard Morningstar Small-Cap ETF922908751
    +0.30 pp4.6% → 4.9%
  4. Vanguard Morningstar Mid-Cap ETF922908629
    +0.26 pp7.9% → 8.1%
  5. Invesco QQQ Trust Series I46090E103
    +0.22 pp1.3% → 1.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Instl Index FD922040845
    −$71.7MReduced
  2. XOMExxonMobil Holdings Corp
    −$6.73MSold outHistory
  3. HONHoneywell International Inc
    −$1.20MSold outHistory
  4. CTRACoterra Energy Inc.
    −$1.15MSold outHistory
  5. iShares MSCI Eafe ETF464287465
    −$1.07MReduced

Largest weight decreases

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

  1. Vanguard Instl Index FD922040845
    −1.86 pp4.1% → 2.3%
  2. INTUIntuit Inc.
    −0.76 pp1.7% → 0.9%History
  3. XOMExxonMobil Holdings Corp
    −0.16 pp0.2% → 0.0%History
  4. MSFTMicrosoft Corp
    −0.11 pp1.3% → 1.2%History
  5. HONHoneywell International Inc
    −0.03 pp<0.1% → 0.0%History

Metrics

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

Portfolio value
$4.74B
+$404.3M (+9.3%) vs. prior quarter
Positions
344
+18 vs. prior quarter
Top 10 concentration
79.2%
Top 10 as share of value
Turnover
1.1%
Q2 2026, one quarter
Average holding period
20.9 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 $4.74B (Q2 2026)

Q1 2021: $496.2MQ2 2021: $554.2MQ3 2021: $570.3MQ4 2021: $3.12BQ1 2022: $2.51BQ2 2022: $2.14BQ3 2022: $2.12BQ4 2022: $929.7MQ1 2023: $1.11BQ2 2023: $2.56BQ3 2023: $1.35BQ4 2023: $1.66BQ1 2024: $1.97BQ2 2024: $2.13BQ3 2024: $2.37BQ4 2024: $2.50BQ1 2025: $2.63BQ2 2025: $3.87BQ3 2025: $4.13BQ4 2025: $4.31BQ1 2026: $4.33BQ2 2026: $4.74B
Q1 2021Q2 2026
13F filings of Nicholas Hoffman & Company, LLC. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 4, 2026344$4.74BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFBRK.Bvs. Q1 2026SEC
Q1 2026Apr 29, 2026326$4.33BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFBRK.Bvs. Q4 2025SEC
Q4 2025Feb 2, 2026320$4.31BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFBRK.Bvs. Q3 2025SEC
Q3 2025Nov 12, 2025306$4.13BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFBRK.Bvs. Q2 2025SEC
Q2 2025Aug 6, 2025305$3.87BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFINTUvs. Q1 2025SEC
Q1 2025Jun 23, 2025Amended285$2.63BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Ftse Emerging Markets ETFvs. Q4 2024SEC
Q4 2024Jun 23, 2025Amended288$2.50BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Morningstar Mid-Cap ETFvs. Q3 2024SEC
Q3 2024Jun 23, 2025Amended291$2.37BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Morningstar Mid-Cap ETFvs. Q2 2024SEC
Q2 2024Aug 2, 2024285$2.13BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Morningstar Mid-Cap ETFvs. Q1 2024SEC
Q1 2024Apr 22, 2024291$1.97BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Morningstar Mid-Cap ETFvs. Q4 2023SEC
Q4 2023Feb 1, 2024280$1.66BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Dividend Appreciation ETFvs. Q3 2023SEC
Q3 2023Nov 6, 2023274$1.35BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Dividend Appreciation ETFvs. Q2 2023SEC
Q2 2023Aug 9, 2023274$2.56BINTUVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFvs. Q1 2023SEC
Q1 2023May 15, 2023271$1.11BVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFInvesco QQQ Trust Series Ivs. Q4 2022SEC
Q4 2022Feb 13, 2023262$929.7MVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFInvesco QQQ Trust Series Ivs. Q3 2022SEC
Q3 2022Nov 4, 2022255$2.12BINTUVanguard S&P 500 ETFInvesco QQQ Trust Series Ivs. Q2 2022SEC
Q2 2022Aug 9, 2022260$2.14BINTUInvesco QQQ Trust Series IVanguard S&P 500 ETFvs. Q1 2022SEC
Q1 2022May 10, 2022275$2.51BINTUVanguard S&P 500 ETFMSFTvs. Q4 2021SEC
Q4 2021Feb 10, 2022271$3.12BINTUVanguard S&P 500 ETFMSFTvs. Q3 2021SEC
Q3 2021Nov 4, 2021265$570.3MVanguard S&P 500 ETFMSFTSPYvs. Q2 2021SEC
Q2 2021Aug 10, 2021264$554.2MVanguard S&P 500 ETFMSFTSPYvs. Q1 2021SEC
Q1 2021May 11, 2021242$496.2MVanguard S&P 500 ETFSPYMSFT–SEC