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Livermore
Livermore
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PFG Advisors

SEC CIK
0001694435
Latest filing
Oct 15, 2026

The latest 13F from PFG Advisors covers Q3 2026 (filed Oct 15, 2026): 761 long positions worth $1.96B. The top 10 holdings make up 20.3% of the portfolio, and the largest is Invesco QQQ Trust Series I at 2.7%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2026

Full comparison

Share counts compared with Q2 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.

New
60
Est. +$64.8M
Added
340
Est. +$74.7M
Reduced
328
Est. −$82.5M
Sold out
90
Est. −$56.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    2.7%$53.9M
  2. Vanguard Morningstar Growth ETF922908736
    2.6%$50.7M
  3. AAPLApple Inc.
    2.4%$47.7MHistory
  4. Vanguard Morningstar Total Stock Market ETF922908769
    2.3%$45.4M
  5. State Street SPDR Portfolio S&P 500 ETF78464A854
    2.0%$39.5M

Share of portfolio

Top 5 holdings and the other 756 positions, by share of portfolio value

  1. Invesco QQQ Trust Series I2.7%
  2. Vanguard Morningstar Growth ETF2.6%
  3. AAPL2.4%
  4. Vanguard Morningstar Total Stock Market ETF2.3%
  5. State Street SPDR Portfolio S&P 500 ETF2.0%
  6. Other 756 positions87.9%

Biggest buys

New and added positions, by estimated amount bought

  1. VVisa Inc.
    +$7.38MNewHistory
  2. iShares Core U.S. Aggregate Bond ETF464287226
    +$5.43MAdded
  3. RTXRTX Corp
    +$5.14MNewHistory
  4. Dfa Invt Dimensions Group IN25239Y196
    +$4.66MNew
  5. Dfa Invt Dimensions Group IN25239Y147
    +$3.13MNew

Largest weight increases

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

  1. VVisa Inc.
    +0.38 pp0.0% → 0.4%History
  2. RTXRTX Corp
    +0.26 pp0.0% → 0.3%History
  3. iShares Core U.S. Aggregate Bond ETF464287226
    +0.26 pp0.5% → 0.7%
  4. Dfa Invt Dimensions Group IN25239Y196
    +0.24 pp0.0% → 0.2%
  5. Invesco QQQ Trust Series I46090E103
    +0.18 pp2.6% → 2.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr46436E718
    −$5.64MReduced
  2. Dimensional ETF Trust25434V831
    −$4.59MSold out
  3. PIMCO Active Bond Exchange-Traded Fund72201R775
    −$3.49MSold out
  4. Innovator ETFs Trust45782C631
    −$3.41MSold out
  5. Dimensional ETF Trust25434V823
    −$3.34MSold out

Largest weight decreases

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

  1. NXTNextpower Inc.
    −0.31 pp0.4% → <0.1%History
  2. iShares Tr46436E718
    −0.28 pp0.6% → 0.3%
  3. Dimensional ETF Trust25434V831
    −0.23 pp0.2% → 0.0%
  4. KLACKLA Corp
    −0.22 pp0.6% → 0.4%History
  5. CATCaterpillar Inc
    −0.20 pp0.6% → 0.4%History

Metrics

13F metrics for Q3 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.96B
−$19.1M (−1.0%) vs. prior quarter
Positions
761
−30 vs. prior quarter
Top 10 concentration
20.3%
Top 10 as share of value
Turnover
7.0%
Q3 2026, one quarter
Average holding period
12.7 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

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

Peak $2.44B (Q3 2025)

Q1 2021: $773.3MQ2 2021: $872.1MQ3 2021: $881.7MQ4 2021: $992.9MQ1 2022: $978.4MQ2 2022: $884.0MQ3 2022: $875.1MQ4 2022: $1.02BQ1 2023: $1.20BQ2 2023: $1.31BQ3 2023: $1.11BQ4 2023: $1.24BQ1 2024: $1.37BQ2 2024: $1.48BQ3 2024: $1.59BQ4 2024: $1.63BQ1 2025: $1.79BQ2 2025: $2.11BQ3 2025: $2.44BQ4 2025: $2.06BQ1 2026: $2.05BQ2 2026: $1.98BQ3 2026: $1.96B
Q1 2021Q3 2026
13F filings of PFG Advisors by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2026Oct 15, 2026761$1.96BInvesco QQQ Trust Series IVanguard Morningstar Growth ETFAAPLvs. Q2 2026SEC
Q2 2026Jul 16, 2026791$1.98BInvesco QQQ Trust Series IVanguard Morningstar Growth ETFVanguard Morningstar Total Stock Market ETFvs. Q1 2026SEC
Q1 2026May 5, 2026788$2.05BVanguard Morningstar Total Stock Market ETFVanguard Morningstar Growth ETFAAPLvs. Q4 2025SEC
Q4 2025Jan 27, 2026767$2.06BVanguard Morningstar Growth ETFVanguard Morningstar Total Stock Market ETFInvesco QQQ Trust Series Ivs. Q3 2025SEC
Q3 2025Nov 13, 2025812$2.44BVanguard Morningstar Growth ETFMSFTAAPLvs. Q2 2025SEC
Q2 2025Aug 7, 2025623$2.11BVanguard S&P 500 ETFVanguard S&P 500 Growth ETFIAUvs. Q1 2025SEC
Q1 2025May 6, 2025695$1.79BAAPLInvesco QQQ Trust Series IVanguard Morningstar Growth ETFvs. Q4 2024SEC
Q4 2024Feb 7, 2025689$1.63BVanguard Morningstar Growth ETFAAPLInvesco QQQ Trust Series Ivs. Q3 2024SEC
Q3 2024Oct 15, 2024691$1.59BAAPLInvesco QQQ Trust Series IVanguard Morningstar Growth ETFvs. Q2 2024SEC
Q2 2024Aug 8, 2024666$1.48BAAPLInvesco QQQ Trust Series IVanguard Morningstar Growth ETFvs. Q1 2024SEC
Q1 2024May 7, 2024641$1.37BInvesco QQQ Trust Series IVanguard Morningstar Growth ETFMSFTvs. Q4 2023SEC
Q4 2023Jan 19, 2024610$1.24BAAPLInvesco QQQ Trust Series IVanguard Morningstar Growth ETFvs. Q3 2023SEC
Q3 2023Oct 13, 2023594$1.11BAAPLVanguard Morningstar Growth ETFInvesco QQQ Trust Series Ivs. Q2 2023SEC
Q2 2023Jul 20, 2023670$1.31BMSFTAAPLInvesco QQQ Trust Series Ivs. Q1 2023SEC
Q1 2023Apr 21, 2023637$1.20BMSFTAAPLVanguard Morningstar Growth ETFvs. Q4 2022SEC
Q4 2022Jan 30, 2023564$1.02BMSFTAAPLVanguard Morningstar Growth ETFvs. Q3 2022SEC
Q3 2022Oct 14, 2022516$875.1MAAPLMSFTVanguard Morningstar Growth ETFvs. Q2 2022SEC
Q2 2022Jul 13, 2022394$884.0MIAUVanguard Morningstar Mid-Cap ETFVanguard Dividend Appreciation ETFvs. Q1 2022SEC
Q1 2022Apr 19, 2022412$978.4MIAUVanguard Morningstar Mid-Cap Growth ETFVanguard S&P 500 Growth ETFvs. Q4 2021SEC
Q4 2021Jan 21, 2022525$992.9MMSFTAAPLVanguard Morningstar Growth ETFvs. Q3 2021SEC
Q3 2021Nov 5, 2021499$881.7MMSFTAAPLVanguard Dividend Appreciation ETFvs. Q2 2021SEC
Q2 2021Jul 28, 2021475$872.1MMSFTAAPLInvesco QQQ Trust Series Ivs. Q1 2021SEC
Q1 2021Apr 27, 2021449$773.3MMSFTAAPLInvesco QQQ Trust Series I–SEC