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Livermore
Livermore
ZHEN

BFSG, LLC

SEC CIK
0001706836
Latest filing
Jul 20, 2026

The latest 13F from BFSG, LLC covers Q2 2026 (filed Jul 20, 2026): 765 long positions worth $1.13B. The top 10 holdings make up 24.4% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 4.2%. Livermore has 23 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
61
Est. +$19.1M
Added
182
Est. +$26.6M
Reduced
202
Est. −$23.3M
Sold out
43
Est. −$15.9M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    4.2%$47.8M
  2. NVDANVIDIA Corp
    3.1%$34.4MHistory
  3. IAUiShares Gold Trust
    2.7%$30.1MHistory
  4. iShares Core S&P 500 ETF464287200
    2.4%$27.0M
  5. NEMNEWMONT Corp
    2.2%$25.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. SOLVSolventum Corp
    +$6.73MNewHistory
  2. VEEVVeeva Systems Inc
    +$3.25MNewHistory
  3. NUVNuveen Municipal Value Fund Inc
    +$3.04MNewHistory
  4. EXCExelon Corp
    +$2.75MAddedHistory
  5. NATRNatures Sunshine Products Inc
    +$2.16MAddedHistory

Largest weight increases

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

  1. SOLVSolventum Corp
    +0.60 pp0.0% → 0.6%History
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +0.40 pp3.8% → 4.2%
  3. VEEVVeeva Systems Inc
    +0.29 pp0.0% → 0.3%History
  4. NUVNuveen Municipal Value Fund Inc
    +0.27 pp0.0% → 0.3%History
  5. EXCExelon Corp
    +0.24 pp<0.1% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. XOMExxonMobil Holdings Corp
    −$10.3MSold outHistory
  2. TAT&T Inc.
    −$5.69MReducedHistory
  3. HONHoneywell International Inc
    −$3.42MSold outHistory
  4. PLTRPalantir Technologies Inc.
    −$2.61MReducedHistory
  5. NVONovo Nordisk A S
    −$1.77MReducedHistory

Largest weight decreases

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

  1. XOMExxonMobil Holdings Corp
    −0.97 pp1.0% → 0.0%History
  2. TAT&T Inc.
    −0.76 pp0.8% → <0.1%History
  3. NEMNEWMONT Corp
    −0.54 pp2.8% → 2.2%History
  4. PLTRPalantir Technologies Inc.
    −0.35 pp0.5% → 0.1%History
  5. GLDSPDR Gold Trust
    −0.34 pp1.7% → 1.4%History

Metrics

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

Portfolio value
$1.13B
+$71.9M (+6.8%) vs. prior quarter
Positions
765
+18 vs. prior quarter
Top 10 concentration
24.4%
Top 10 as share of value
Turnover
3.6%
Q2 2026, one quarter
Average holding period
16.1 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 $1.13B (Q2 2026)

Q1 2021: $616.8MQ2 2021: $556.8MQ3 2021: $655.1MQ4 2021: $719.4MQ1 2022: $631.5MQ2 2022: $554.3MQ3 2022: $470.3MQ4 2022: $499.4MQ1 2023: $541.8MQ2 2023: $588.4MQ3 2023: $616.2MQ4 2023: $686.0MQ1 2024: $755.9MQ2 2024: $789.2MQ3 2024: $860.5MQ4 2024: $855.3MQ1 2025: $821.8MQ2 2025: $893.9MQ3 2025: $1.03BQ4 2025: $1.03BQ1 2026: $1.05BQ2 2026: $1.13B
Q1 2021Q2 2026
13F filings of BFSG, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 20, 2026765$1.13BVanguard Morningstar Total Stock Market ETFNVDAIAUvs. Q1 2026SEC
Q1 2026Apr 29, 2026747$1.05BVanguard Morningstar Total Stock Market ETFIAUNVDAvs. Q4 2025SEC
Q4 2025Jan 22, 2026714$1.03BVanguard Morningstar Total Stock Market ETFNVDAIAUvs. Q3 2025SEC
Q3 2025Oct 29, 2025700$1.03BVanguard Morningstar Total Stock Market ETFNVDAMSFTvs. Q2 2025SEC
Q2 2025Jul 15, 2025671$893.9MVanguard Morningstar Total Stock Market ETFMSFTNVDAvs. Q1 2025SEC
Q1 2025Apr 18, 2025674$821.8MVanguard Morningstar Total Stock Market ETFMSFTIAUvs. Q4 2024SEC
Q4 2024Jan 31, 2025672$855.3MVanguard Morningstar Total Stock Market ETFMSFTNVDAvs. Q3 2024SEC
Q3 2024Oct 16, 2024639$860.5MSPYMSFTVanguard Morningstar Total Stock Market ETFvs. Q2 2024SEC
Q2 2024Jul 29, 2024618$789.2MSPYMSFTVanguard Morningstar Total Stock Market ETFvs. Q1 2024SEC
Q1 2024Apr 23, 2024661$755.9MSPYMSFTVanguard Morningstar Total Stock Market ETFvs. Q4 2023SEC
Q4 2023Apr 23, 2024Amended602$686.0MMSFTAAPLVanguard Morningstar Total Stock Market ETFvs. Q3 2023SEC
Q3 2023Oct 20, 2023247$616.2MMSFTSPYAAPLvs. Q2 2023SEC
Q2 2023Aug 7, 2023208$588.4MMSFTAAPLVanguard Morningstar Total Stock Market ETFvs. Q1 2023SEC
Q1 2023May 10, 2023193$541.8MMSFTAAPLVanguard Morningstar Total Stock Market ETFvs. Q4 2022SEC
Q4 2022Feb 2, 2023185$499.4MVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q3 2022SEC
Q3 2022Nov 7, 2022175$470.3MVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q2 2022SEC
Q2 2022Aug 4, 2022189$554.3MVanguard Morningstar Total Stock Market ETFAAPLMSFTvs. Q1 2022SEC
Q1 2022May 4, 2022189$631.5MWIWVanguard Morningstar Total Stock Market ETFIAUvs. Q4 2021SEC
Q4 2021Jan 24, 2022215$719.4MAAPLMSFTVanguard Morningstar Total Stock Market ETFvs. Q3 2021SEC
Q3 2021Nov 3, 2021209$655.1MGLDAAPLIAUvs. Q2 2021SEC
Q2 2021Jul 29, 2021133$556.8MGLDMSFTAAPLvs. Q1 2021SEC
Q1 2021Apr 26, 2021205$616.8MGLDIAUMSFT–SEC