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Livermore
Livermore
ZHEN

Capital Wealth Management, LLC

SEC CIK
0001730456
Latest filing
Jul 9, 2026

The latest 13F from Capital Wealth Management, LLC covers Q2 2026 (filed Jul 9, 2026): 39 long positions worth $415.9M. The top 10 holdings make up 70.9% of the portfolio, and the largest is Vanguard Morningstar Growth ETF at 10.7%. 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
5
Est. +$1.19M
Added
25
Est. +$14.6M
Reduced
6
Est. −$682.0K
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Growth ETF922908736
    10.7%$44.7M
  2. State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474
    8.9%$36.8M
  3. Vanguard Morningstar Value ETF922908744
    8.6%$35.7M
  4. Fidelity Merrimack STR Tr316188309
    7.3%$30.2M
  5. SPDR Index Shs FDS78463X152
    6.5%$27.0M

Share of portfolio

Top 5 holdings and the other 34 positions, by share of portfolio value

  1. Vanguard Morningstar Growth ETF10.7%
  2. State Street SPDR Portfolio Short Term Corporate Bond ETF8.9%
  3. Vanguard Morningstar Value ETF8.6%
  4. Fidelity Merrimack STR Tr7.3%
  5. SPDR Index Shs FDS6.5%
  6. Other 34 positions58.1%

Biggest buys

New and added positions, by estimated amount bought

  1. Fidelity Merrimack STR Tr316188309
    +$1.73MAdded
  2. State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474
    +$1.71MAdded
  3. iShares Tr464288307
    +$1.63MAdded
  4. Vanguard Morningstar Growth ETF922908736
    +$1.32MAddedConverted for a 6-for-1 split
  5. State Street Real Estate Select Sector SPDR ETF81369Y860
    +$1.09MAdded

Largest weight increases

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

  1. iShares Tr464288307
    +0.92 pp4.8% → 5.8%
  2. Vanguard Morningstar Growth ETF922908736
    +0.83 pp9.9% → 10.7%
  3. Schwab U.S. Large-Cap Growth ETF808524300
    +0.26 pp4.2% → 4.5%
  4. Vanguard S&P 500 ETF922908363
    +0.23 pp1.7% → 1.9%
  5. Innovator ETFs Trust45783Y756
    +0.15 pp2.1% → 2.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco QQQ Trust Series I46090E103
    −$297.4KReduced
  2. SPDR Series Trust78464A672
    −$139.7KReduced
  3. iShares Core S&P Mid-Cap ETF464287507
    −$85.4KReduced
  4. SPDR Series Trust78468R861
    −$55.0KReduced
  5. SPDR Index Shs FDS78463X152
    −$53.6KReduced

Largest weight decreases

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

  1. SPDR Index Shs FDS78463X152
    −1.65 pp8.1% → 6.5%
  2. SPDR Series Trust78464A672
    −0.11 pp0.6% → 0.5%
  3. SPDR Series Trust78468R861
    −0.05 pp0.3% → 0.3%
  4. Invesco QQQ Trust Series I46090E103
    −0.03 pp0.3% → 0.3%
  5. iShares Core S&P Mid-Cap ETF464287507
    −0.02 pp0.1% → 0.1%

Metrics

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

Portfolio value
$415.9M
+$46.3M (+12.5%) vs. prior quarter
Positions
39
+5 vs. prior quarter
Top 10 concentration
70.9%
Top 10 as share of value
Turnover
0.2%
Q2 2026, one quarter
Average holding period
18.9 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 $415.9M (Q2 2026)

Q1 2021: $126.2MQ2 2021: $136.7MQ3 2021: $129.4MQ4 2021: $142.7MQ1 2022: $148.3MQ2 2022: $134.8MQ3 2022: $129.0MQ4 2022: $147.8MQ1 2023: $174.1MQ2 2023: $183.7MQ3 2023: $182.4MQ4 2023: $196.3MQ1 2024: $208.9MQ2 2024: $218.4MQ3 2024: $233.4MQ4 2024: $233.3MQ1 2025: $241.0MQ2 2025: $268.2MQ3 2025: $287.4MQ4 2025: $309.6MQ1 2026: $369.6MQ2 2026: $415.9M
Q1 2021Q2 2026
13F filings of Capital Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 9, 202639$415.9MVanguard Morningstar Growth ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Value ETFvs. Q1 2026SEC
Q1 2026Apr 17, 202634$369.6MVanguard Morningstar Growth ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Value ETFvs. Q4 2025SEC
Q4 2025Feb 2, 202635$309.6MState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q3 2025SEC
Q3 2025Oct 15, 202538$287.4MState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q2 2025SEC
Q2 2025Jul 9, 202538$268.2MState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q1 2025SEC
Q1 2025Apr 18, 202540$241.0MState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q4 2024SEC
Q4 2024Jan 16, 202541$233.3MVanguard Morningstar Growth ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Value ETFvs. Q3 2024SEC
Q3 2024Oct 18, 202440$233.4MVanguard Morningstar Growth ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Value ETFvs. Q2 2024SEC
Q2 2024Jul 17, 202440$218.4MVanguard Morningstar Growth ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Value ETFvs. Q1 2024SEC
Q1 2024Apr 19, 202444$208.9MVanguard Morningstar Growth ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Value ETFvs. Q4 2023SEC
Q4 2023Jan 25, 202441$196.3MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q3 2023SEC
Q3 2023Oct 31, 202341$182.4MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q2 2023SEC
Q2 2023Aug 3, 202341$183.7MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q1 2023SEC
Q1 2023May 8, 202342$174.1MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q4 2022SEC
Q4 2022Feb 2, 202353$147.8MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q3 2022SEC
Q3 2022Oct 28, 202238$129.0MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q2 2022SEC
Q2 2022Aug 9, 202239$134.8MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q1 2022SEC
Q1 2022May 10, 202241$148.3MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Scottsdale FDSvs. Q4 2021SEC
Q4 2021Feb 9, 202239$142.7MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Scottsdale FDSvs. Q3 2021SEC
Q3 2021Oct 19, 202135$129.4MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Scottsdale FDSvs. Q2 2021SEC
Q2 2021Aug 4, 202135$136.7MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Scottsdale FDSvs. Q1 2021SEC
Q1 2021May 6, 202133$126.2MVanguard Morningstar Growth ETFVanguard Morningstar Value ETFVanguard Scottsdale FDS–SEC