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Livermore
Livermore
ZHEN

Valeo Financial Advisors, LLC

SEC CIK
0001722641
Latest filing
Jul 8, 2026

The latest 13F from Valeo Financial Advisors, LLC covers Q2 2026 (filed Jul 8, 2026): 809 long positions worth $4.74B. The top 10 holdings make up 49.9% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 14.4%. Livermore has 24 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
125
Est. +$57.0M
Added
392
Est. +$121.4M
Reduced
242
Est. −$92.5M
Sold out
38
Est. −$30.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    14.4%$681.6MHistory
  2. iShares Core S&P Small Cap ETF464287804
    5.9%$281.5M
  3. iShares Core MSCI Emerging Markets ETF46434G103
    5.2%$245.5M
  4. iShares Core S&P Mid-Cap ETF464287507
    5.0%$236.3M
  5. iShares Core S&P 500 ETF464287200
    3.9%$182.9M

Biggest buys

New and added positions, by estimated amount bought

  1. XOMExxonMobil Holdings Corp
    +$13.7MNewHistory
  2. CATCaterpillar Inc
    +$11.8MAddedHistory
  3. J P Morgan Exchange Traded F46641Q670
    +$9.74MAdded
  4. iShares Core MSCI Emerging Markets ETF46434G103
    +$8.87MAdded
  5. iShares Core S&P 500 ETF464287200
    +$4.61MAdded

Largest weight increases

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

  1. CATCaterpillar Inc
    +0.37 pp0.4% → 0.7%History
  2. XOMExxonMobil Holdings Corp
    +0.29 pp0.0% → 0.3%History
  3. iShares Core MSCI Emerging Markets ETF46434G103
    +0.25 pp4.9% → 5.2%
  4. iShares Core S&P Small Cap ETF464287804
    +0.22 pp5.7% → 5.9%
  5. MUMicron Technology Inc
    +0.19 pp0.1% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Scottsdale FDS92206C409
    −$24.4MReduced
  2. XOMExxonMobil Holdings Corp
    −$17.2MSold outHistory
  3. Vanguard Scottsdale FDS92206C706
    −$13.7MReduced
  4. SPYSPDR S&P 500 ETF Trust
    −$7.31MReducedHistory
  5. HONHoneywell International Inc
    −$3.63MSold outHistory

Largest weight decreases

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

  1. Vanguard Scottsdale FDS92206C409
    −0.77 pp1.6% → 0.9%
  2. Vanguard Scottsdale FDS92206C706
    −0.65 pp2.6% → 2.0%
  3. XOMExxonMobil Holdings Corp
    −0.41 pp0.4% → 0.0%History
  4. PLDPrologis, Inc.
    −0.38 pp3.9% → 3.5%History
  5. BRK.BBerkshire Hathaway Inc
    −0.12 pp1.3% → 1.2%History

Metrics

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

Portfolio value
$4.74B
+$555.3M (+13.3%) vs. prior quarter
Positions
809
+87 vs. prior quarter
Top 10 concentration
49.9%
Top 10 as share of value
Turnover
2.8%
Q2 2026, one quarter
Average holding period
19.9 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 $4.74B (Q2 2026)

Q1 2021: $2.14BQ2 2021: $1.62BQ3 2021: $1.70BQ4 2021: $1.83BQ1 2022: $1.93BQ2 2022: $1.59BQ3 2022: $1.56BQ4 2022: $1.82BQ1 2023: $2.08BQ2 2023: $2.19BQ3 2023: $2.20BQ4 2023: $2.48BQ1 2024: $2.79BQ2 2024: $3.20BQ3 2024: $3.50BQ4 2024: $3.58BQ1 2025: $3.58BQ2 2025: $4.06BQ3 2025: $4.38BQ4 2025: $4.49BQ1 2026: $4.18BQ2 2026: $4.74B
Q1 2021Q2 2026
13F filings of Valeo Financial Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 8, 2026809$4.74BSPYiShares Core S&P Small Cap ETFiShares Core MSCI Emerging Markets ETFvs. Q1 2026SEC
Q1 2026May 8, 2026722$4.18BSPYiShares Core S&P Small Cap ETFiShares Core S&P Mid-Cap ETFvs. Q4 2025SEC
Q4 2025Feb 4, 2026792$4.49BSPYiShares Core S&P Small Cap ETFiShares Core S&P Mid-Cap ETFvs. Q3 2025SEC
Q3 2025Nov 3, 2025789$4.38BSPYiShares Core S&P Small Cap ETFiShares Core S&P Mid-Cap ETFvs. Q2 2025SEC
Q2 2025Sep 12, 2025Amended751$4.06BSPYiShares Core S&P Small Cap ETFiShares Core S&P Mid-Cap ETFvs. Q1 2025SEC
Q1 2025Apr 30, 2025676$3.58BSPYiShares Core S&P Small Cap ETFiShares Core S&P Mid-Cap ETFvs. Q4 2024SEC
Q4 2024Jan 30, 2025690$3.58BSPYiShares Core S&P Small Cap ETFiShares Core S&P Mid-Cap ETFvs. Q3 2024SEC
Q3 2024Oct 10, 2024691$3.50BSPYiShares Core S&P Small Cap ETFiShares Core S&P Mid-Cap ETFvs. Q2 2024SEC
Q2 2024Jul 10, 2024656$3.20BSPYiShares Core S&P Small Cap ETFiShares Core MSCI Emerging Markets ETFvs. Q1 2024SEC
Q1 2024Apr 25, 2024Amended649$2.79BSPYiShares Core S&P Small Cap ETFiShares Core MSCI Emerging Markets ETFvs. Q4 2023SEC
Q4 2023Jan 29, 2024634$2.48BSPYiShares Core S&P Small Cap ETFInvesco Exchange Traded FD Tvs. Q3 2023SEC
Q3 2023Oct 20, 2023619$2.20BSPYiShares Core S&P Small Cap ETFInvesco Exchange Traded FD Tvs. Q2 2023SEC
Q2 2023Jul 14, 2023592$2.19BSPYiShares Core S&P Small Cap ETFAAPLvs. Q1 2023SEC
Q1 2023Apr 17, 2023616$2.08BSPYiShares Core S&P Small Cap ETFInvesco Exchange Traded FD Tvs. Q4 2022SEC
Q4 2022Feb 9, 2023542$1.82BSPYiShares Core S&P Small Cap ETFInvesco Exchange Traded FD Tvs. Q3 2022SEC
Q3 2022Oct 31, 2022485$1.56BSPYiShares Core S&P Small Cap ETFVanguard Scottsdale FDSvs. Q2 2022SEC
Q2 2022Aug 3, 2022484$1.59BSPYiShares Core S&P Small Cap ETFVanguard Scottsdale FDSvs. Q1 2022SEC
Q1 2022Apr 28, 2022585$1.93BSPYiShares Core S&P Small Cap ETFVanguard Scottsdale FDSvs. Q4 2021SEC
Q4 2021Jan 7, 2022544$1.83BSPYiShares Core S&P Small Cap ETFVanguard Scottsdale FDSvs. Q3 2021SEC
Q3 2021Nov 2, 2021532$1.70BSPYVanguard Scottsdale FDSiShares Core S&P Small Cap ETFvs. Q2 2021SEC
Q2 2021Jul 22, 2021458$1.62BSPYiShares Core S&P Small Cap ETFVanguard Scottsdale FDSvs. Q1 2021SEC
Q1 2021Apr 12, 20212,010$2.14BSPYiShares Core S&P 500 ETFAMZN–SEC