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Livermore
Livermore
ZHEN

Strategic Investment Advisors

SEC CIK
0001760540
Latest filing
Aug 14, 2026

The latest 13F from Strategic Investment Advisors covers Q2 2026 (filed Aug 14, 2026): 398 long positions worth $1.65B. The top 10 holdings make up 49.2% of the portfolio, and the largest is Vanguard S&P 500 ETF at 13.0%. Livermore has 23 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
37
Est. +$9.64M
Added
126
Est. +$96.4M
Reduced
231
Est. −$39.3M
Sold out
25
Est. −$16.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    13.0%$215.3M
  2. Vanguard World FD921910816
    6.3%$104.9M
  3. iShares Core MSCI Eafe ETF46432F842
    5.6%$92.2M
  4. Vanguard Morningstar Growth ETF922908736
    4.7%$77.2M
  5. Vanguard Ftse Developed Markets ETF921943858
    4.5%$73.7M

Share of portfolio

Top 5 holdings and the other 393 positions, by share of portfolio value

  1. Vanguard S&P 500 ETF13.0%
  2. Vanguard World FD6.3%
  3. iShares Core MSCI Eafe ETF5.6%
  4. Vanguard Morningstar Growth ETF4.7%
  5. Vanguard Ftse Developed Markets ETF4.5%
  6. Other 393 positions65.9%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard S&P 500 ETF922908363
    +$31.5MAdded
  2. iShares Core MSCI Eafe ETF46432F842
    +$13.9MAdded
  3. iShares Tr464287457
    +$11.3MAdded
  4. iShares Core MSCI Emerging Markets ETF46434G103
    +$7.17MAdded
  5. Vanguard Index FDS922908652
    +$4.00MAdded

Largest weight increases

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

  1. Vanguard S&P 500 ETF922908363
    +1.97 pp11.1% → 13.0%
  2. iShares Core MSCI Emerging Markets ETF46434G103
    +0.53 pp2.5% → 3.1%
  3. iShares Core MSCI Eafe ETF46432F842
    +0.51 pp5.1% → 5.6%
  4. iShares Tr464287457
    +0.44 pp1.8% → 2.3%
  5. Vanguard World FD921910816
    +0.38 pp6.0% → 6.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464287432
    −$11.9MSold out
  2. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −$2.77MReduced
  3. MRSHMarsh & McLennan Companies, Inc.
    −$2.03MReducedHistory
  4. State Street SPDR Bloomberg Convertible Securities ETF78464A359
    −$1.36MReduced
  5. iShares Tr464288646
    −$1.20MReduced

Largest weight decreases

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

  1. iShares Tr464287432
    −0.82 pp0.8% → 0.0%
  2. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −0.48 pp2.5% → 2.0%
  3. Invesco Exch Traded FD Tr II46138G508
    −0.28 pp1.7% → 1.4%
  4. iShares Tr464288646
    −0.27 pp1.6% → 1.3%
  5. TAT&T Inc.
    −0.17 pp0.4% → 0.2%History

Metrics

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

Portfolio value
$1.65B
+$205.2M (+14.2%) vs. prior quarter
Positions
398
+12 vs. prior quarter
Top 10 concentration
49.2%
Top 10 as share of value
Turnover
3.6%
Q2 2026, one quarter
Average holding period
17.2 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 $1.65B (Q2 2026)

Q1 2021: $385.3MQ2 2021: $436.7MQ3 2021: $456.2MQ4 2021: $517.4MQ1 2022: $529.4MQ2 2022: $500.5MQ3 2022: $443.8MQ4 2022: $482.3MQ1 2023: $552.8MQ2 2023: $720.9MQ3 2023: $607.2MQ4 2023: $692.8MQ1 2024: $779.3MQ2 2024: $820.3MQ3 2024: $912.8MQ4 2024: $941.5MQ1 2025: $943.7MQ2 2025: $1.03BQ3 2025: $1.11BQ4 2025: $1.16BQ1 2026: $1.45BQ2 2026: $1.65B
Q1 2021Q2 2026
13F filings of Strategic Investment Advisors by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026398$1.65BVanguard S&P 500 ETFVanguard World FDiShares Core MSCI Eafe ETFvs. Q1 2026SEC
Q1 2026May 18, 2026386$1.45BVanguard S&P 500 ETFVanguard World FDiShares Core MSCI Eafe ETFvs. Q4 2025SEC
Q4 2025Feb 17, 2026240$1.16BVanguard S&P 500 ETFVanguard World FDiShares Core MSCI Eafe ETFvs. Q3 2025SEC
Q3 2025Dec 17, 2025Amended265$1.11BVanguard S&P 500 ETFVanguard World FDVanguard Ftse Developed Markets ETFvs. Q2 2025SEC
Q2 2025Aug 15, 2025238$1.03BVanguard S&P 500 ETFiShares TrVanguard World FDvs. Q1 2025SEC
Q1 2025Apr 23, 2025236$943.7MVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard World FDvs. Q4 2024SEC
Q4 2024Jan 22, 2025237$941.5MVanguard S&P 500 ETFVanguard Morningstar Growth ETFVanguard World FDvs. Q3 2024SEC
Q3 2024Oct 21, 2024239$912.8MVanguard S&P 500 ETFVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFvs. Q2 2024SEC
Q2 2024Jul 23, 2024234$820.3MVanguard S&P 500 ETFVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFvs. Q1 2024SEC
Q1 2024Apr 23, 2024241$779.3MVanguard S&P 500 ETFVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFvs. Q4 2023SEC
Q4 2023Jan 10, 2024233$692.8MVanguard S&P 500 ETFVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFvs. Q3 2023SEC
Q3 2023Oct 25, 2023231$607.2MiShares TrVanguard S&P 500 ETFVanguard Morningstar Growth ETFvs. Q2 2023SEC
Q2 2023Aug 14, 2023186$720.9MVanguard S&P 500 ETFVanguard World FDVanguard Morningstar Growth ETFvs. Q1 2023SEC
Q1 2023Apr 27, 2023235$552.8MiShares TrVanguard S&P 500 ETFiShares Trvs. Q4 2022SEC
Q4 2022Jan 20, 2023227$482.3MiShares TrVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFvs. Q3 2022SEC
Q3 2022Oct 27, 2022172$443.8MiShares TrVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFvs. Q2 2022SEC
Q2 2022Aug 15, 2022203$500.5MiShares TrVanguard S&P 500 ETFVanguard Ftse Developed Markets ETFvs. Q1 2022SEC
Q1 2022Apr 28, 2022188$529.4MiShares TrVanguard S&P 500 ETFVanguard Morningstar Growth ETFvs. Q4 2021SEC
Q4 2021Jan 26, 2022187$517.4MiShares TrVanguard S&P 500 ETFiShares Trvs. Q3 2021SEC
Q3 2021Oct 19, 2021179$456.2MiShares TrVanguard S&P 500 ETFiShares Iboxx $ Investment Grade Corporate Bond ETFvs. Q2 2021SEC
Q2 2021Jul 22, 2021184$436.7MiShares TrVanguard S&P 500 ETFiShares Iboxx $ Investment Grade Corporate Bond ETFvs. Q1 2021SEC
Q1 2021Apr 14, 2021192$385.3MiShares TrVanguard S&P 500 ETFVanguard World FD–SEC