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Livermore
Livermore
ZHEN

Ackerman Capital Advisors, LLC

SEC CIK
0001699506
Latest filing
Jul 30, 2026

The latest 13F from Ackerman Capital Advisors, LLC covers Q2 2026 (filed Jul 30, 2026): 119 long positions worth $495.8M. The top 10 holdings make up 59.0% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 Growth ETF at 16.1%. 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
7
Est. +$2.24M
Added
27
Est. +$1.84M
Reduced
50
Est. −$33.3M
Sold out
2
Est. −$351.5K

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    16.1%$79.8M
  2. Vanguard Mun BD FDS922907746
    9.7%$48.1M
  3. iShares Tr464288414
    6.0%$29.7M
  4. Vanguard Whitehall FDS921946810
    5.3%$26.2M
  5. Schwab U.S. Large-Cap Growth ETF808524300
    4.4%$22.0M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Star FDS921909768
    +$956.1KNew
  2. MMUWestern Asset Managed Municipals Fund Inc.
    +$336.6KAddedHistory
  3. NUVNuveen Municipal Value Fund Inc
    +$333.3KAddedHistory
  4. NUWNuveen AMT-Free Municipal Value Fund
    +$299.8KAddedHistory
  5. IBITiShares Bitcoin Trust ETF
    +$299.5KAddedHistory

Largest weight increases

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

  1. Schwab U.S. Large-Cap Growth ETF808524300
    +0.59 pp3.8% → 4.4%
  2. iShares Core MSCI Emerging Markets ETF46434G103
    +0.46 pp2.6% → 3.1%
  3. iShares Core S&P U.S. Growth ETF464287671
    +0.26 pp1.3% → 1.5%
  4. Schwab U.S. Large-Cap Value ETF808524409
    +0.21 pp1.7% → 1.9%
  5. Vanguard Star FDS921909768
    +0.19 pp0.0% → 0.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    −$11.0MReduced
  2. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    −$4.13MReduced
  3. Vanguard Whitehall FDS921946794
    −$3.83MReduced
  4. Vanguard Whitehall FDS921946810
    −$2.83MReduced
  5. Vanguard Ftse Emerging Markets ETF922042858
    −$2.51MReduced

Largest weight decreases

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

  1. Vanguard Whitehall FDS921946794
    −0.65 pp4.8% → 4.2%
  2. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    −0.56 pp4.8% → 4.2%
  3. Vanguard Ftse Emerging Markets ETF922042858
    −0.36 pp1.7% → 1.3%
  4. Vanguard Whitehall FDS921946810
    −0.35 pp5.6% → 5.3%
  5. IAUiShares Gold Trust
    −0.30 pp1.9% → 1.6%History

Metrics

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

Portfolio value
$495.8M
+$7.77M (+1.6%) vs. prior quarter
Positions
119
+5 vs. prior quarter
Top 10 concentration
59.0%
Top 10 as share of value
Turnover
0.8%
Q2 2026, one quarter
Average holding period
19.0 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 $498.2M (Q4 2025)

Q1 2021: $411.7MQ2 2021: $427.2MQ3 2021: $436.1MQ4 2021: $435.8MQ1 2022: $424.8MQ2 2022: $371.4MQ3 2022: $351.7MQ4 2022: $372.2MQ1 2023: $385.9MQ2 2023: $385.5MQ3 2023: $359.1MQ4 2023: $356.8MQ1 2024: $362.0MQ2 2024: $377.2MQ3 2024: $387.2MQ4 2024: $381.4MQ1 2025: $378.6MQ2 2025: $430.5MQ3 2025: $477.7MQ4 2025: $498.2MQ1 2026: $488.0MQ2 2026: $495.8M
Q1 2021Q2 2026
13F filings of Ackerman Capital Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 30, 2026119$495.8MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Mun BD FDSiShares Trvs. Q1 2026SEC
Q1 2026May 5, 2026114$488.0MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Mun BD FDSiShares Trvs. Q4 2025SEC
Q4 2025Feb 11, 2026121$498.2MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Mun BD FDSiShares Trvs. Q3 2025SEC
Q3 2025Oct 22, 2025117$477.7MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Value ETFvs. Q2 2025SEC
Q2 2025Jul 25, 2025112$430.5MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Mun BD FDSiShares Trvs. Q1 2025SEC
Q1 2025May 9, 2025109$378.6MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFVanguard Whitehall FDSvs. Q4 2024SEC
Q4 2024Feb 4, 2025100$381.4MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFSchwab U.S. Large-Cap Growth ETFvs. Q3 2024SEC
Q3 2024Oct 24, 2024100$387.2MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFVanguard Whitehall FDSvs. Q2 2024SEC
Q2 2024Jul 25, 202497$377.2MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFSchwab U.S. Large-Cap Growth ETFvs. Q1 2024SEC
Q1 2024Apr 24, 2024100$362.0MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q4 2023SEC
Q4 2023Jan 19, 2024103$356.8MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q3 2023SEC
Q3 2023Oct 30, 202396$359.1MiShares TrState Street SPDR Portfolio S&P 500 Growth ETFVanguard Whitehall FDSvs. Q2 2023SEC
Q2 2023Jul 21, 2023102$385.5MiShares TrState Street SPDR Portfolio S&P 500 Value ETFState Street SPDR Portfolio S&P 500 Growth ETFvs. Q1 2023SEC
Q1 2023May 11, 202399$385.9MiShares TrState Street SPDR Portfolio S&P 500 Value ETFState Street SPDR Portfolio S&P 500 Growth ETFvs. Q4 2022SEC
Q4 2022Jan 12, 2023108$372.2MiShares TrState Street SPDR Portfolio S&P 500 Value ETFiShares Incvs. Q3 2022SEC
Q3 2022Nov 9, 202298$351.7MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Value ETFVanguard Whitehall FDSvs. Q2 2022SEC
Q2 2022Jul 22, 2022106$371.4MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFVanguard Whitehall FDSvs. Q1 2022SEC
Q1 2022Apr 19, 2022116$424.8MiShares TrState Street SPDR Portfolio S&P 500 Growth ETFVanguard Whitehall FDSvs. Q4 2021SEC
Q4 2021Feb 16, 2022117$435.8MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFVanguard Whitehall FDSvs. Q3 2021SEC
Q3 2021Nov 3, 2021114$436.1MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFVanguard Whitehall FDSvs. Q2 2021SEC
Q2 2021Aug 12, 2021121$427.2MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFiShares Core MSCI Emerging Markets ETFvs. Q1 2021SEC
Q1 2021Apr 29, 2021126$411.7MVanguard Mun BD FDSState Street SPDR Portfolio S&P 500 Growth ETFiShares Core MSCI Emerging Markets ETF–SEC