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Livermore
Livermore
ZHEN

Monument Capital Management

SEC CIK
0001729428
Latest filing
Jul 22, 2026

The latest 13F from Monument Capital Management covers Q2 2026 (filed Jul 22, 2026): 262 long positions worth $497.2M. The top 10 holdings make up 19.9% of the portfolio, and the largest is Caterpillar Inc (CAT) at 2.4%. 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
66
Est. +$79.6M
Added
97
Est. +$35.0M
Reduced
75
Est. −$25.6M
Sold out
21
Est. −$44.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. CATCaterpillar Inc
    2.4%$12.0MHistory
  2. MSFTMicrosoft Corp
    2.3%$11.6MHistory
  3. FIXComfort Systems USA Inc
    2.3%$11.5MHistory
  4. iShares Russell 1000 Growth ETF464287614
    2.1%$10.4M
  5. AAPLApple Inc.
    2.0%$9.86MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Russell 2000 Growth ETF464287648
    +$7.72MNew
  2. iShares Semiconductor ETF464287523
    +$7.49MNew
  3. iShares Tr464288836
    +$6.02MNew
  4. iShares U.S. Regional Banks ETF464288778
    +$5.78MNew
  5. iShares Tr46429B655
    +$5.07MNew

Largest weight increases

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

  1. iShares Russell 2000 Growth ETF464287648
    +1.55 pp0.0% → 1.6%
  2. iShares Semiconductor ETF464287523
    +1.51 pp0.0% → 1.5%
  3. iShares Tr464288836
    +1.21 pp0.0% → 1.2%
  4. iShares U.S. Regional Banks ETF464288778
    +1.16 pp0.0% → 1.2%
  5. iShares Tr46429B655
    +1.02 pp0.0% → 1.0%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Russell Mid-Cap Value ETF464287473
    −$6.69MSold out
  2. iShares Tr464288844
    −$5.70MSold out
  3. State Street Communication Services Select Sector SPDR ETF81369Y852
    −$5.10MSold out
  4. iShares Tr464287374
    −$5.02MSold out
  5. iShares Tr464287432
    −$4.47MSold out

Largest weight decreases

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

  1. iShares Russell Mid-Cap Value ETF464287473
    −1.68 pp1.7% → 0.0%
  2. iShares Tr464288844
    −1.43 pp1.4% → 0.0%
  3. UIUbiquiti Inc.
    −1.39 pp1.5% → 0.1%History
  4. State Street Communication Services Select Sector SPDR ETF81369Y852
    −1.28 pp1.3% → 0.0%
  5. iShares Tr464287374
    −1.26 pp1.3% → 0.0%

Metrics

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

Portfolio value
$497.2M
+$98.1M (+24.6%) vs. prior quarter
Positions
262
+45 vs. prior quarter
Top 10 concentration
19.9%
Top 10 as share of value
Turnover
15.6%
Q2 2026, one quarter
Average holding period
10.5 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 $497.2M (Q2 2026)

Q1 2021: $249.4MQ2 2021: $288.9MQ3 2021: $294.1MQ4 2021: $322.3MQ1 2022: $308.4MQ2 2022: $265.1MQ3 2022: $266.7MQ4 2022: $292.5MQ1 2023: $298.8MQ2 2023: $313.7MQ3 2023: $298.0MQ4 2023: $310.7MQ1 2024: $347.0MQ2 2024: $339.9MQ3 2024: $361.6MQ4 2024: $362.6MQ1 2025: $325.3MQ2 2025: $383.9MQ3 2025: $400.0MQ4 2025: $402.0MQ1 2026: $399.1MQ2 2026: $497.2M
Q1 2021Q2 2026
13F filings of Monument Capital Management by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 22, 2026262$497.2MCATMSFTFIXvs. Q1 2026SEC
Q1 2026Apr 16, 2026217$399.1MMSFTCATAAPLvs. Q4 2025SEC
Q4 2025Jan 26, 2026220$402.0MMSFTAAPLiShares Trvs. Q3 2025SEC
Q3 2025Oct 14, 2025226$400.0MMSFTiShares TrAAPLvs. Q2 2025SEC
Q2 2025Jul 24, 2025219$383.9MMSFTiShares TriShares Russell 1000 Growth ETFvs. Q1 2025SEC
Q1 2025Apr 25, 2025193$325.3MMSFTiShares TrAAPLvs. Q4 2024SEC
Q4 2024Jan 31, 2025198$362.6MiShares TrVanguard Ftse Developed Markets ETFInvesco QQQ Trust Series Ivs. Q3 2024SEC
Q3 2024Oct 15, 2024194$361.6MiShares TrVanguard Ftse Developed Markets ETFInvesco QQQ Trust Series Ivs. Q2 2024SEC
Q2 2024Jul 22, 2024178$339.9MiShares TrVanguard Ftse Developed Markets ETFInvesco QQQ Trust Series Ivs. Q1 2024SEC
Q1 2024Apr 19, 2024187$347.0MiShares TrVanguard Ftse Developed Markets ETFMSFTvs. Q4 2023SEC
Q4 2023Feb 1, 2024177$310.7MSPYiShares Core S&P U.S. Growth ETFMSFTvs. Q3 2023SEC
Q3 2023Oct 25, 2023164$298.0MSPYiShares Core S&P U.S. Growth ETFiShares Core S&P US Value ETFvs. Q2 2023SEC
Q2 2023Jul 18, 2023160$313.7MState Street SPDR Bloomberg 1-3 Month T-Bill ETFSPYiShares Core S&P U.S. Growth ETFvs. Q1 2023SEC
Q1 2023Apr 21, 2023146$298.8MFirst Tr Exchange-Traded FDiShares Core MSCI Eafe ETFiShares Core S&P Small Cap ETFvs. Q4 2022SEC
Q4 2022Jan 27, 2023155$292.5MiShares Core MSCI Eafe ETFVanguard Dividend Appreciation ETFiShares Core S&P Small Cap ETFvs. Q3 2022SEC
Q3 2022Nov 7, 2022142$266.7MState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Dividend Appreciation ETFiShares Core S&P Small Cap ETFvs. Q2 2022SEC
Q2 2022Jul 20, 2022145$265.1MState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares TrInvesco QQQ Trust Series Ivs. Q1 2022SEC
Q1 2022Apr 14, 2022133$308.4MSPYVanguard Dividend Appreciation ETFInvesco QQQ Trust Series Ivs. Q4 2021SEC
Q4 2021Jan 18, 2022142$322.3MSPYInvesco QQQ Trust Series IVanguard Dividend Appreciation ETFvs. Q3 2021SEC
Q3 2021Oct 22, 2021144$294.1MInvesco QQQ Trust Series ISPYVanguard Ftse Developed Markets ETFvs. Q2 2021SEC
Q2 2021Jul 27, 2021140$288.9MInvesco QQQ Trust Series ISPYiShares Trvs. Q1 2021SEC
Q1 2021Apr 12, 2021107$249.4MVanguard Ftse Developed Markets ETFiShares Core S&P Small Cap ETFiShares Tr–SEC