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Livermore
Livermore
ZHEN

Avondale Wealth Management

SEC CIK
0001738720
Latest filing
Jul 13, 2026

The latest 13F from Avondale Wealth Management covers Q2 2026 (filed Jul 13, 2026): 66 long positions worth $245.3M. The top 10 holdings make up 77.4% of the portfolio, and the largest is iShares Core S&P 500 ETF at 18.6%. 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
3
Est. +$946.8K
Added
25
Est. +$29.7M
Reduced
24
Est. −$6.33M
Sold out
8
Est. −$10.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    18.6%$45.7M
  2. Invesco QQQ Trust Series I46090E103
    10.4%$25.5M
  3. iShares Core S&P Mid-Cap ETF464287507
    9.8%$24.1M
  4. Ea Series Trust02072L565
    9.3%$22.8M
  5. American Centy ETF Tr025072877
    8.3%$20.4M

Biggest buys

New and added positions, by estimated amount bought

  1. Ea Series Trust02072L565
    +$15.4MAdded
  2. iShares Core S&P 500 ETF464287200
    +$3.00MAdded
  3. PIMCO Active Bond Exchange-Traded Fund72201R775
    +$2.87MAdded
  4. PIMCO ETF Tr72201R585
    +$2.10MAdded
  5. iShares Core S&P Mid-Cap ETF464287507
    +$1.25MAdded

Largest weight increases

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

  1. Ea Series Trust02072L565
    +5.69 pp3.6% → 9.3%
  2. PIMCO Active Bond Exchange-Traded Fund72201R775
    +1.12 pp0.3% → 1.4%
  3. Invesco QQQ Trust Series I46090E103
    +1.02 pp9.4% → 10.4%
  4. iShares Core S&P 500 ETF464287200
    +0.33 pp18.3% → 18.6%
  5. Dimensional Emerging Core Equity Market ETF25434V302
    +0.31 pp7.0% → 7.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Semiconductor ETF464287523
    −$6.15MSold out
  2. XOMExxonMobil Holdings Corp
    −$2.22MSold outHistory
  3. AMDAdvanced Micro Devices Inc
    −$1.90MReducedHistory
  4. BRK.ABerkshire Hathaway Inc
    −$748.9KReducedHistory
  5. NVDANVIDIA Corp
    −$531.2KReducedHistory

Largest weight decreases

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

  1. iShares Semiconductor ETF464287523
    −3.02 pp3.0% → 0.0%
  2. XOMExxonMobil Holdings Corp
    −1.09 pp1.1% → 0.0%History
  3. BRK.ABerkshire Hathaway Inc
    −0.54 pp1.8% → 1.2%History
  4. J P Morgan Exchange Traded F46654Q716
    −0.47 pp2.4% → 2.0%
  5. NVDANVIDIA Corp
    −0.30 pp1.8% → 1.5%History

Metrics

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

Portfolio value
$245.3M
+$41.8M (+20.5%) vs. prior quarter
Positions
66
−5 vs. prior quarter
Top 10 concentration
77.4%
Top 10 as share of value
Turnover
7.3%
Q2 2026, one quarter
Average holding period
16.0 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 $245.3M (Q2 2026)

Q1 2021: $101.6MQ2 2021: $107.0MQ3 2021: $102.4MQ4 2021: $98.8MQ1 2022: $85.1MQ2 2022: $86.2MQ3 2022: $91.7MQ4 2022: $115.2MQ1 2023: $115.9MQ2 2023: $119.1MQ3 2023: $114.0MQ4 2023: $124.1MQ1 2024: $142.7MQ2 2024: $146.3MQ3 2024: $153.9MQ4 2024: $156.0MQ1 2025: $158.9MQ2 2025: $179.0MQ3 2025: $187.7MQ4 2025: $194.5MQ1 2026: $203.5MQ2 2026: $245.3M
Q1 2021Q2 2026
13F filings of Avondale Wealth Management by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 13, 202666$245.3MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q1 2026SEC
Q1 2026Apr 15, 202671$203.5MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFInvesco QQQ Trust Series Ivs. Q4 2025SEC
Q4 2025Feb 17, 202658$194.5MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q3 2025SEC
Q3 2025Nov 17, 202558$187.7MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q2 2025SEC
Q2 2025Jul 17, 2025113$179.0MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q1 2025SEC
Q1 2025Apr 8, 2025113$158.9MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFInvesco QQQ Trust Series Ivs. Q4 2024SEC
Q4 2024Jan 10, 2025112$156.0MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFInvesco QQQ Trust Series Ivs. Q3 2024SEC
Q3 2024Oct 10, 2024113$153.9MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFInvesco QQQ Trust Series Ivs. Q2 2024SEC
Q2 2024Jul 12, 2024120$146.3MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFInvesco QQQ Trust Series Ivs. Q1 2024SEC
Q1 2024Apr 2, 2024122$142.7MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFInvesco QQQ Trust Series Ivs. Q4 2023SEC
Q4 2023Jan 10, 2024118$124.1MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFInvesco QQQ Trust Series Ivs. Q3 2023SEC
Q3 2023Oct 10, 2023132$114.0MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q2 2023SEC
Q2 2023Jul 6, 2023124$119.1MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q1 2023SEC
Q1 2023Apr 5, 2023128$115.9MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core U.S. Aggregate Bond ETFvs. Q4 2022SEC
Q4 2022Jan 6, 2023121$115.2MiShares Core S&P 500 ETFiShares Core U.S. Aggregate Bond ETFiShares Core S&P Mid-Cap ETFvs. Q3 2022SEC
Q3 2022Oct 7, 2022119$91.7MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q2 2022SEC
Q2 2022Jul 11, 2022109$86.2MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core MSCI Emerging Markets ETFvs. Q1 2022SEC
Q1 2022Apr 12, 2022121$85.1MiShares Core S&P 500 ETFiShares Core MSCI Emerging Markets ETFiShares Core S&P Mid-Cap ETFvs. Q4 2021SEC
Q4 2021Jan 11, 2022102$98.8MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETFvs. Q3 2021SEC
Q3 2021Oct 12, 2021107$102.4MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Trvs. Q2 2021SEC
Q2 2021Jul 13, 2021104$107.0MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Trvs. Q1 2021SEC
Q1 2021Apr 27, 2021100$101.6MiShares Core S&P 500 ETFInvesco QQQ Trust Series IiShares Core S&P Mid-Cap ETF–SEC