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Livermore
Livermore
ZHEN

Copperwynd Financial, LLC

SEC CIK
0001687832
Latest filing
Jul 24, 2025

The latest 13F from Copperwynd Financial, LLC covers Q2 2025 (filed Jul 24, 2025): 156 long positions worth $400.8M. The top 10 holdings make up 48.7% of the portfolio, and the largest is Vanguard Morningstar Growth ETF at 8.0%. Livermore has 18 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2025

Share counts compared with Q1 2025: 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
22
Est. +$31.9M
Added
87
Est. +$58.0M
Reduced
44
Est. −$64.0M
Sold out
10
Est. −$20.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Growth ETF922908736
    8.0%$32.2M
  2. iShares Tr464287622
    7.2%$28.9M
  3. Vanguard World FD921910816
    6.8%$27.3M
  4. Vanguard Morningstar Value ETF922908744
    6.0%$23.9M
  5. Vanguard Ftse Developed Markets ETF921943858
    5.4%$21.8M

Share of portfolio

Top 5 holdings and the other 151 positions, by share of portfolio value

  1. Vanguard Morningstar Growth ETF8.0%
  2. iShares Tr7.2%
  3. Vanguard World FD6.8%
  4. Vanguard Morningstar Value ETF6.0%
  5. Vanguard Ftse Developed Markets ETF5.4%
  6. Other 151 positions66.5%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Morningstar Growth ETF922908736
    +$31.9MAdded
  2. Invesco Nasdaq 100 ETF46138G649
    +$11.4MNew
  3. iShares Tr464288273
    +$9.07MNew
  4. Vanguard S&P 500 ETF922908363
    +$5.92MAdded
  5. iShares Core U.S. Aggregate Bond ETF464287226
    +$3.94MAdded

Largest weight increases

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

  1. Vanguard Morningstar Growth ETF922908736
    +7.96 pp0.1% → 8.0%
  2. Invesco Nasdaq 100 ETF46138G649
    +2.84 pp0.0% → 2.8%
  3. iShares Tr464288273
    +2.26 pp0.0% → 2.3%
  4. Vanguard S&P 500 ETF922908363
    +1.48 pp0.2% → 1.7%
  5. iShares Core U.S. Aggregate Bond ETF464287226
    +0.88 pp1.1% → 2.0%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco QQQ Trust Series I46090E103
    −$28.8MReduced
  2. SPYSPDR S&P 500 ETF Trust
    −$15.3MReducedHistory
  3. iShares Russell 1000 Value ETF464287598
    −$10.8MSold out
  4. Vanguard Morningstar Total Stock Market ETF922908769
    −$5.10MReduced
  5. Vanguard Ftse Developed Markets ETF921943858
    −$4.76MReduced

Largest weight decreases

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

  1. Invesco QQQ Trust Series I46090E103
    −6.74 pp6.9% → 0.1%
  2. SPYSPDR S&P 500 ETF Trust
    −3.83 pp5.5% → 1.7%History
  3. iShares Russell 1000 Value ETF464287598
    −2.99 pp3.0% → 0.0%
  4. Vanguard Morningstar Total Stock Market ETF922908769
    −1.27 pp1.3% → 0.1%
  5. Vanguard Ftse Developed Markets ETF921943858
    −1.09 pp6.5% → 5.4%

Metrics

13F metrics for Q2 2025, computed only from the numbers in the filings. Definitions below.

Portfolio value
$400.8M
+$38.3M (+10.6%) vs. prior quarter
Positions
156
+12 vs. prior quarter
Top 10 concentration
48.7%
Top 10 as share of value
Turnover
22.2%
Q2 2025, one quarter
Average holding period
11.6 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

18 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $400.8M (Q2 2025)

Q1 2021: $222.5MQ2 2021: $235.7MQ3 2021: $242.5MQ4 2021: $263.4MQ1 2022: $241.4MQ2 2022: $170.0MQ3 2022: $173.7MQ4 2022: $177.9MQ1 2023: $195.8MQ2 2023: $214.7MQ3 2023: $213.0MQ4 2023: $251.5MQ1 2024: $277.9MQ2 2024: $306.2MQ3 2024: $332.3MQ4 2024: $362.4MQ1 2025: $362.5MQ2 2025: $400.8M
Q1 2021Q2 2025
13F filings of Copperwynd Financial, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2025Jul 24, 2025156$400.8MVanguard Morningstar Growth ETFiShares TrVanguard World FDvs. Q1 2025SEC
Q1 2025May 5, 2025144$362.5MInvesco QQQ Trust Series IiShares TrVanguard Ftse Developed Markets ETFvs. Q4 2024SEC
Q4 2024Feb 10, 2025136$362.4MInvesco QQQ Trust Series IiShares TrVanguard World FDvs. Q3 2024SEC
Q3 2024Nov 4, 2024141$332.3MInvesco QQQ Trust Series IiShares TrSPYvs. Q2 2024SEC
Q2 2024Aug 15, 2024146$306.2MInvesco QQQ Trust Series IiShares TrVanguard World FDvs. Q1 2024SEC
Q1 2024Apr 30, 2024140$277.9MSPYInvesco QQQ Trust Series IiShares Trvs. Q4 2023SEC
Q4 2023Feb 13, 2024136$251.5MSPYInvesco QQQ Trust Series IGBCIvs. Q3 2023SEC
Q3 2023Nov 7, 2023128$213.0MSPYInvesco QQQ Trust Series IiShares Trvs. Q2 2023SEC
Q2 2023Aug 8, 2023135$214.7MSPYiShares TrGBCIvs. Q1 2023SEC
Q1 2023Apr 28, 2023135$195.8MGBCIVanguard World FDiShares Trvs. Q4 2022SEC
Q4 2022Feb 2, 2023129$177.9MGBCIiShares Russell 1000 Value ETFiShares Trvs. Q3 2022SEC
Q3 2022Nov 14, 2022120$173.7MGBCIState Street SPDR Portfolio S&P 500 ETFiShares Russell 1000 Value ETFvs. Q2 2022SEC
Q2 2022Aug 5, 2022119$170.0MGBCIiShares Russell 1000 Value ETFiShares Trvs. Q1 2022SEC
Q1 2022Apr 21, 2022120$241.4MGBCIiShares Russell 1000 Value ETFVanguard Morningstar Value ETFvs. Q4 2021SEC
Q4 2021Feb 4, 2022116$263.4MSPYGBCIInvesco QQQ Trust Series Ivs. Q3 2021SEC
Q3 2021Nov 3, 2021116$242.5MALTAInvesco QQQ Trust Series IVanguard World FDvs. Q2 2021SEC
Q2 2021Aug 12, 2021120$235.7MALTAVanguard World FDiShares Trvs. Q1 2021SEC
Q1 2021May 6, 2021116$222.5MALTAiShares TrVanguard World FD–SEC