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Livermore
Livermore
ZHEN

Lake Hills Wealth Management, LLC

SEC CIK
0001705594
Latest filing
Jul 7, 2026

The latest 13F from Lake Hills Wealth Management, LLC covers Q2 2026 (filed Jul 7, 2026): 62 long positions worth $220.0M. The top 10 holdings make up 56.5% of the portfolio, and the largest is Vanguard S&P 500 ETF at 10.4%. Livermore has 19 filings on Form 13F from this institution, going back to Q4 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
24
Est. +$47.4M
Added
23
Est. +$19.9M
Reduced
11
Est. −$17.8M
Sold out
24
Est. −$31.0M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    10.4%$22.9M
  2. GLDSPDR Gold Trust
    7.3%$16.1MHistory
  3. State Street SPDR S&P Biotech ETF78464A870
    7.2%$15.9M
  4. Invesco Exch Traded FD Tr II46138G706
    5.8%$12.8M
  5. iShares Inc464286772
    5.0%$11.1M

Share of portfolio

Top 5 holdings and the other 57 positions, by share of portfolio value

  1. Vanguard S&P 500 ETF10.4%
  2. GLD7.3%
  3. State Street SPDR S&P Biotech ETF7.2%
  4. Invesco Exch Traded FD Tr II5.8%
  5. iShares Inc5.0%
  6. Other 57 positions64.2%

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464287390
    +$6.35MNew
  2. VanEck ETF Trust92189H607
    +$6.33MNew
  3. Kraneshares Trust500767306
    +$5.76MNew
  4. iShares Tr46429B655
    +$5.25MNew
  5. Invesco Exch Traded FD Tr II46138G706
    +$4.98MAdded

Largest weight increases

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

  1. iShares Tr464287390
    +2.88 pp0.0% → 2.9%
  2. VanEck ETF Trust92189H607
    +2.88 pp0.0% → 2.9%
  3. Kraneshares Trust500767306
    +2.62 pp0.0% → 2.6%
  4. iShares Tr46429B655
    +2.38 pp0.0% → 2.4%
  5. Invesco Exch Traded FD Tr II46138G706
    +1.70 pp4.1% → 5.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Semiconductor ETF464287523
    −$10.9MReduced
  2. iShares Tr464288661
    −$9.06MSold out
  3. Alps ETF Tr00162Q452
    −$6.72MSold out
  4. Vanguard Total International Bond ETF92203J407
    −$5.01MSold out
  5. VanEck ETF Trust92189H300
    −$2.27MReduced

Largest weight decreases

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

  1. iShares Tr464288661
    −5.07 pp5.1% → 0.0%
  2. Alps ETF Tr00162Q452
    −3.76 pp3.8% → 0.0%
  3. Vanguard Total International Bond ETF92203J407
    −2.80 pp2.8% → 0.0%
  4. iShares Tr46429B747
    −1.72 pp3.9% → 2.2%
  5. iShares Semiconductor ETF464287523
    −1.52 pp5.9% → 4.4%

Metrics

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

Portfolio value
$220.0M
+$41.2M (+23.1%) vs. prior quarter
Positions
62
0 vs. prior quarter
Top 10 concentration
56.5%
Top 10 as share of value
Turnover
24.5%
Q2 2026, one quarter
Average holding period
5.7 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 (Q4 2021), so positions held before then are understated.

13F filings by quarter

19 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $220.0M (Q2 2026)

Q4 2021: $141.5MQ1 2022: $139.1MQ2 2022: $134.8MQ4 2022: $100.4MQ1 2023: $95.8MQ2 2023: $91.8MQ3 2023: $98.8MQ4 2023: $99.9MQ1 2024: $111.2MQ2 2024: $139.3MQ3 2024: $149.4MQ4 2024: $146.4MQ1 2025: $144.8MQ2 2025: $174.7MQ3 2025: $187.3MQ4 2025: $191.6MQ1 2026: $178.8MQ2 2026: $220.0M
Q4 2021Q2 2026
13F filings of Lake Hills Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 7, 202662$220.0MVanguard S&P 500 ETFGLDState Street SPDR S&P Biotech ETFvs. Q1 2026SEC
Q1 2026Apr 10, 202662$178.8MVanguard S&P 500 ETFGLDState Street SPDR S&P Biotech ETFvs. Q4 2025SEC
Q4 2025Jan 7, 202658$191.6MVanguard S&P 500 ETFiShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q3 2025SEC
Q3 2025Oct 14, 202548$187.3MiShares TrVanguard S&P 500 ETFGLDvs. Q2 2025SEC
Q2 2025Jul 9, 202553$174.7MVanguard S&P 500 ETFiShares Russell 2000 ETFInvesco QQQ Trust Series Ivs. Q1 2025SEC
Q1 2025Apr 11, 202542$144.8MState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares TrGLDvs. Q4 2024SEC
Q4 2024Jan 17, 202561$146.4MiShares TrAlps ETF TriShares Trvs. Q3 2024SEC
Q3 2024Oct 11, 202452$149.4MiShares TriShares Core U.S. Aggregate Bond ETFiShares Trvs. Q2 2024SEC
Q2 2024Jul 9, 202447$139.3MiShares TriShares Core U.S. Aggregate Bond ETFAlps ETF Trvs. Q1 2024SEC
Q1 2024Apr 5, 202444$111.2MiShares TrGLDAlps ETF Trvs. Q4 2023SEC
Q4 2023Jan 23, 202439$99.9MiShares TrInvesco Exch Traded FD Tr IIAlps ETF Trvs. Q3 2023SEC
Q3 2023Oct 16, 202332$98.8MState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares TrInvesco Exch Traded FD Tr IIvs. Q2 2023SEC
Q2 2023Aug 4, 202341$91.8MState Street SPDR Bloomberg 1-3 Month T-Bill ETFProShares TrState Street Utilities Select Sector SPDR ETFvs. Q1 2023SEC
Q1 2023Apr 19, 202329$95.8MState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares TrInvesco Exch Traded FD Tr IIvs. Q4 2022SEC
Q4 2022Jan 18, 202339$100.4MSPDR Series TrustiShares TrUUPvs. Q3 2022SEC
Q3 2022Nov 4, 20220$0–vs. Q2 2022SEC
Q2 2022Jul 25, 202226$134.8MiShares Trust iShares 0-1 Year Treasury Bond ETFiShares TrVanguard Scottsdale FDSvs. Q1 2022SEC
Q1 2022Apr 21, 202239$139.1MiShares Core S&P 500 ETFiShares TrUUPvs. Q4 2021SEC
Q4 2021Jan 10, 202256$141.5MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Semiconductor ETF–SEC