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Livermore
Livermore
ZHEN

IFG Advisory, LLC

SEC CIK
0001728319
Latest filing
Aug 13, 2026

The latest 13F from IFG Advisory, LLC covers Q2 2026 (filed Aug 13, 2026): 2,358 long positions worth $2.85B. The top 10 holdings make up 16.6% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 2.3%. 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
2033
Est. +$1.66B
Added
260
Est. +$1.15B
Reduced
11
Est. −$570.1K
Sold out
10
Est. −$250.2K

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    2.3%$66.5MHistory
  2. Invesco QQQ Trust Series I46090E103
    2.3%$64.2M
  3. Vanguard S&P 500 ETF922908363
    1.9%$54.5M
  4. Vanguard Morningstar Total Stock Market ETF922908769
    1.8%$50.2M
  5. AAPLApple Inc.
    1.7%$49.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. SPYSPDR S&P 500 ETF Trust
    +$66.4MAddedHistory
  2. Invesco QQQ Trust Series I46090E103
    +$64.0MAdded
  3. Vanguard S&P 500 ETF922908363
    +$54.3MAdded
  4. Vanguard Morningstar Total Stock Market ETF922908769
    +$50.2MAdded
  5. AAPLApple Inc.
    +$48.6MAddedHistory

Largest weight increases

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

  1. SPYSPDR S&P 500 ETF Trust
    +2.09 pp0.2% → 2.3%History
  2. Invesco QQQ Trust Series I46090E103
    +1.78 pp0.5% → 2.3%
  3. Vanguard Morningstar Total Stock Market ETF922908769
    +1.73 pp<0.1% → 1.8%
  4. Vanguard S&P 500 ETF922908363
    +1.38 pp0.5% → 1.9%
  5. State Street SPDR Portfolio S&P 500 ETF78464A854
    +1.37 pp<0.1% → 1.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. TRGPTarga Resources Corp.
    −$171.6KReducedHistory
  2. BAMBrookfield Asset Management Ltd.
    −$139.4KReducedHistory
  3. Flexshares Tr33939L100
    −$139.3KSold out
  4. Fidelity Covington Trust316092790
    −$124.2KReduced
  5. BNBROOKFIELD Corp
    −$65.1KReducedHistory

Largest weight decreases

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

  1. Dimensional ETF Trust25434V831
    −0.67 pp0.7% → <0.1%
  2. TRGPTarga Resources Corp.
    −0.50 pp0.5% → <0.1%History
  3. Dimensional ETF Trust25434V104
    −0.48 pp0.5% → <0.1%
  4. BAMBrookfield Asset Management Ltd.
    −0.43 pp0.4% → <0.1%History
  5. Fidelity Covington Trust316092790
    −0.40 pp0.4% → <0.1%

Metrics

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

Portfolio value
$2.85B
+$2.82B (+8,076.0%) vs. prior quarter
Positions
2,358
+2,023 vs. prior quarter
Top 10 concentration
16.6%
Top 10 as share of value
Turnover
0.1%
Q2 2026, one quarter
Average holding period
8.4 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 $2.85B (Q2 2026)

Q1 2021: $802.8MQ2 2021: $896.5MQ3 2021: $925.4MQ4 2021: $1.03BQ1 2022: $990.8MQ2 2022: $919.6MQ3 2022: $1.10BQ4 2022: $1.00BQ1 2023: $1.07BQ2 2023: $1.13BQ3 2023: $1.19BQ4 2023: $1.36BQ1 2024: $1.34BQ2 2024: $1.56BQ3 2024: $1.57BQ4 2024: $1.76BQ1 2025: $1.80BQ2 2025: $1.99BQ3 2025: $2.20BQ4 2025: $2.29BQ1 2026: $34.9MQ2 2026: $2.85B
Q1 2021Q2 2026
13F filings of IFG Advisory, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 20262,358$2.85BSPYInvesco QQQ Trust Series IVanguard S&P 500 ETFvs. Q1 2026SEC
Q1 2026May 12, 2026335$34.9MCBSHDKLMPLXvs. Q4 2025SEC
Q4 2025Feb 10, 2026749$2.29BSPYInvesco QQQ Trust Series IVanguard Morningstar Total Stock Market ETFvs. Q3 2025SEC
Q3 2025Nov 12, 2025763$2.20BSPYInvesco QQQ Trust Series IVanguard Morningstar Total Stock Market ETFvs. Q2 2025SEC
Q2 2025Aug 4, 2025736$1.99BSPYInvesco QQQ Trust Series IVanguard Morningstar Total Stock Market ETFvs. Q1 2025SEC
Q1 2025May 8, 2025675$1.80BVanguard Morningstar Total Stock Market ETFSPYProShares Trvs. Q4 2024SEC
Q4 2024Feb 14, 2025672$1.76BVanguard Morningstar Total Stock Market ETFInvesco QQQ Trust Series ISPYvs. Q3 2024SEC
Q3 2024Oct 30, 2024385$1.57BVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFSPYvs. Q2 2024SEC
Q2 2024Jul 30, 2024617$1.56BSPYVanguard Morningstar Total Stock Market ETFInvesco QQQ Trust Series Ivs. Q1 2024SEC
Q1 2024May 6, 2024365$1.34BVanguard S&P 500 ETFVanguard Morningstar Total Stock Market ETFInvesco QQQ Trust Series Ivs. Q4 2023SEC
Q4 2023Jan 17, 2024575$1.36BSPYVanguard Morningstar Total Stock Market ETFInvesco Exch TRD SLF Idx FDvs. Q3 2023SEC
Q3 2023Nov 13, 2023536$1.19BSPYVanguard Morningstar Total Stock Market ETFProShares Trvs. Q2 2023SEC
Q2 2023Jul 21, 2023323$1.13BSPYVanguard Morningstar Total Stock Market ETFFirst Tr Exchange-Traded FDvs. Q1 2023SEC
Q1 2023Apr 26, 2023509$1.07BiShares TrSPYFirst Tr Exchange-Traded FDvs. Q4 2022SEC
Q4 2022Jan 31, 2023488$1.00BiShares TrFirst Tr Exchange-Traded FDProShares Trvs. Q3 2022SEC
Q3 2022Oct 28, 2022517$1.10BSPYInvesco QQQ Trust Series IiShares Trvs. Q2 2022SEC
Q2 2022Aug 4, 2022460$919.6MSPYSPDR Series TrustFirst Tr Exchange-Traded FDvs. Q1 2022SEC
Q1 2022May 4, 2022489$990.8MSPYFirst Tr Exchange-Traded FDVanguard S&P 500 ETFvs. Q4 2021SEC
Q4 2021Feb 14, 2022496$1.03BSPYFirst Tr Exchange-Traded FDVanguard S&P 500 ETFvs. Q3 2021SEC
Q3 2021Oct 12, 2021477$925.4MSPYFirst Tr Exchange-Traded FDDimensional U.S. Core Equity 2 ETFvs. Q2 2021SEC
Q2 2021Jul 21, 2021471$896.5MSPYFirst Tr Exchange-Traded FDDimensional U.S. Core Equity 2 ETFvs. Q1 2021SEC
Q1 2021Apr 19, 2021470$802.8MFirst Tr Exchange-Traded FDProShares TrSPY–SEC