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Livermore
Livermore
ZHEN

XN LP

SEC CIK
0001756558
Latest filing
Aug 14, 2026

The latest 13F from XN LP covers Q2 2026 (filed Aug 14, 2026): 27 long positions worth $3.80B. The top 10 holdings make up 65.0% of the portfolio, and the largest is Space Exploration Technologies Corp (SPCX) at 13.5%. Livermore has 19 filings on Form 13F from this institution, going back to Q4 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
8
Est. +$1.06B
Added
4
Est. +$261.7M
Reduced
9
Est. −$327.4M
Sold out
4
Est. −$371.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPCXSpace Exploration Technologies Corp
    13.5%$512.6MHistory
  2. TKOTKO Group Holdings, Inc.
    13.2%$501.7MHistory
  3. SHWSherwin Williams Co
    7.1%$270.0MHistory
  4. TSMTaiwan Semiconductor Manufacturing Co Ltd
    6.3%$238.2MHistory
  5. GLWCorning Inc
    5.2%$195.7MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. SPCXSpace Exploration Technologies Corp
    +$512.6MNewHistory
  2. HEI.AHeico Corp
    +$122.7MNewHistory
  3. TKOTKO Group Holdings, Inc.
    +$120.1MAddedHistory
  4. AURAurora Innovation, Inc.
    +$105.4MNewHistory
  5. MAIRMadison Air Solutions Corp
    +$102.6MNewHistory

Largest weight increases

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

  1. SPCXSpace Exploration Technologies Corp
    +13.49 pp0.0% → 13.5%History
  2. HEI.AHeico Corp
    +3.23 pp0.0% → 3.2%History
  3. AURAurora Innovation, Inc.
    +2.77 pp0.0% → 2.8%History
  4. MAIRMadison Air Solutions Corp
    +2.70 pp0.0% → 2.7%History
  5. WATWaters Corp
    +1.91 pp0.0% → 1.9%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. AMATApplied Materials Inc
    −$165.2MSold outHistory
  2. MODModine Manufacturing Co
    −$140.1MSold outHistory
  3. GLWCorning Inc
    −$62.4MReducedHistory
  4. TOSTToast, Inc.
    −$59.0MReducedHistory
  5. CBRECbre Group, Inc.
    −$54.2MSold outHistory

Largest weight decreases

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

  1. AMATApplied Materials Inc
    −6.07 pp6.1% → 0.0%History
  2. MODModine Manufacturing Co
    −5.15 pp5.1% → 0.0%History
  3. TOSTToast, Inc.
    −3.13 pp6.3% → 3.2%History
  4. SOLSSolstice Advanced Materials Inc.
    −2.43 pp7.5% → 5.0%History
  5. SPOTSpotify Technology S.A.
    −2.11 pp4.0% → 1.9%History

Metrics

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

Portfolio value
$3.80B
+$1.08B (+39.6%) vs. prior quarter
Positions
27
+4 vs. prior quarter
Top 10 concentration
65.0%
Top 10 as share of value
Turnover
21.4%
Q2 2026, one quarter
Average holding period
6.5 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 (Q4 2021), so positions held before then are understated.

13F filings by quarter

19 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $3.80B (Q2 2026)

Q4 2021: $1.09BQ1 2022: $1.25BQ2 2022: $1.02BQ3 2022: $857.1MQ4 2022: $529.1MQ1 2023: $838.3MQ2 2023: $1.04BQ3 2023: $1.19BQ4 2023: $1.51BQ1 2024: $2.01BQ2 2024: $2.09BQ3 2024: $2.34BQ4 2024: $2.29BQ1 2025: $2.20BQ2 2025: $2.87BQ3 2025: $3.40BQ4 2025: $3.57BQ1 2026: $2.72BQ2 2026: $3.80B
Q4 2021Q2 2026
13F filings of XN LP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202627$3.80BSPCXTKOSHWvs. Q1 2026SEC
Q1 2026May 15, 202623$2.72BTKOSOLSTSMvs. Q4 2025SEC
Q4 2025Feb 17, 202626$3.57BTKOTOSTTSMvs. Q3 2025SEC
Q3 2025Nov 12, 202522$3.40BTKOTSMSHWvs. Q2 2025SEC
Q2 2025Aug 14, 202520$2.87BTKOTOSTTRUvs. Q1 2025SEC
Q1 2025May 15, 202519$2.20BTKOSHWTRUvs. Q4 2024SEC
Q4 2024Feb 14, 202523$2.29BTKOPCORGEvs. Q3 2024SEC
Q3 2024Nov 14, 202421$2.34BTKOGETRUvs. Q2 2024SEC
Q2 2024Aug 12, 202422$2.09BTKOPCORTRUvs. Q1 2024SEC
Q1 2024May 15, 202420$2.01BGOOGTKOGEvs. Q4 2023SEC
Q4 2023Feb 14, 202419$1.51BEDRGEWABvs. Q3 2023SEC
Q3 2023Nov 14, 202321$1.19BWABEDRGEvs. Q2 2023SEC
Q2 2023Aug 14, 202318$1.04BWABEDRAMATvs. Q1 2023SEC
Q1 2023May 15, 202317$838.3MWABTDGCRMvs. Q4 2022SEC
Q4 2022Feb 14, 202312$529.1MWABGOOGTDGvs. Q3 2022SEC
Q3 2022Nov 14, 202214$857.1MWABESTCCMCSAvs. Q2 2022SEC
Q2 2022Aug 15, 202216$1.02BWABCMCSAESTCvs. Q1 2022SEC
Q1 2022May 16, 202218$1.25BWABTDGESTCvs. Q4 2021SEC
Q4 2021Feb 14, 202216$1.09BWABTDGBKNG–SEC