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Livermore
Livermore
ZHEN

Fortem Financial Group, LLC

SEC CIK
0001766509
Latest filing
Jul 20, 2026

The latest 13F from Fortem Financial Group, LLC covers Q2 2026 (filed Jul 20, 2026): 188 long positions worth $490.3M. The top 10 holdings make up 30.7% of the portfolio, and the largest is KLA Corp (KLAC) at 4.1%. Livermore has 24 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
22
Est. +$14.7M
Added
84
Est. +$26.7M
Reduced
71
Est. −$10.0M
Sold out
7
Est. −$7.72M

Top 5 holdings

Share of this quarter's portfolio value

  1. KLACKLA Corp
    4.1%$20.2MHistory
  2. DELLDell Technologies Inc.
    4.1%$20.2MHistory
  3. NVDANVIDIA Corp
    3.7%$18.0MHistory
  4. Ssga Active ETF Tr78467V608
    3.1%$15.0M
  5. AMATApplied Materials Inc
    2.9%$14.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. MUMicron Technology Inc
    +$4.99MAddedHistory
  2. ANETArista Networks, Inc.
    +$3.27MNewHistory
  3. GEVGE Vernova Inc.
    +$2.77MAddedHistory
  4. Vanguard S&P 500 ETF922908363
    +$2.76MAdded
  5. RDDTReddit, Inc.
    +$2.34MNewHistory

Largest weight increases

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

  1. DELLDell Technologies Inc.
    +2.25 pp1.9% → 4.1%History
  2. KLACKLA Corp
    +1.70 pp2.4% → 4.1%History
  3. MUMicron Technology Inc
    +1.29 pp0.2% → 1.4%History
  4. AMATApplied Materials Inc
    +1.28 pp1.6% → 2.9%History
  5. LRCXLam Research Corp
    +1.15 pp1.6% → 2.8%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. LNGCheniere Energy, Inc.
    −$2.89MSold outHistory
  2. EOGEOG Resources Inc
    −$2.71MReducedHistory
  3. BLDQXO Insulation, LLC
    −$2.11MSold outHistory
  4. COFCapital One Financial Corp
    −$2.06MReducedHistory
  5. PYPLPayPal Holdings, Inc.
    −$1.42MSold outHistory

Largest weight decreases

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

  1. PLTRPalantir Technologies Inc.
    −1.31 pp3.5% → 2.2%History
  2. EOGEOG Resources Inc
    −0.77 pp0.8% → <0.1%History
  3. LNGCheniere Energy, Inc.
    −0.73 pp0.7% → 0.0%History
  4. Alps ETF Tr00162Q452
    −0.68 pp3.2% → 2.6%
  5. BLDQXO Insulation, LLC
    −0.53 pp0.5% → 0.0%History

Metrics

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

Portfolio value
$490.3M
+$91.8M (+23.0%) vs. prior quarter
Positions
188
+15 vs. prior quarter
Top 10 concentration
30.7%
Top 10 as share of value
Turnover
4.0%
Q2 2026, one quarter
Average holding period
13.2 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 $490.3M (Q2 2026)

Q1 2021: $172.7MQ2 2021: $197.3MQ3 2021: $197.3MQ4 2021: $219.2MQ1 2022: $228.3MQ2 2022: $152.5MQ3 2022: $144.5MQ4 2022: $170.6MQ1 2023: $153.5MQ2 2023: $168.7MQ3 2023: $170.5MQ4 2023: $201.0MQ1 2024: $227.8MQ2 2024: $232.6MQ3 2024: $245.9MQ4 2024: $258.1MQ1 2025: $257.0MQ2 2025: $310.1MQ3 2025: $348.2MQ4 2025: $374.1MQ1 2026: $398.5MQ2 2026: $490.3M
Q1 2021Q2 2026
13F filings of Fortem Financial Group, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 20, 2026188$490.3MKLACDELLNVDAvs. Q1 2026SEC
Q1 2026Apr 16, 2026173$398.5MNVDAGlobal X Uranium ETFSsga Active ETF Trvs. Q4 2025SEC
Q4 2025Feb 4, 2026173$374.1MPLTRGlobal X Uranium ETFNVDAvs. Q3 2025SEC
Q3 2025Nov 4, 2025167$348.2MGlobal X Uranium ETFPLTRNVDAvs. Q2 2025SEC
Q2 2025Aug 12, 2025171$310.1MGlobal X Uranium ETFNVDAPLTRvs. Q1 2025SEC
Q1 2025May 1, 2025185$257.0MAlps ETF TrNVDAGlobal X Uranium ETFvs. Q4 2024SEC
Q4 2024Jan 6, 2025176$258.1MAlps ETF TrNVDATSLAvs. Q3 2024SEC
Q3 2024Nov 18, 2024Amended174$245.9MAlps ETF TrGlobal X Uranium ETFNVDAvs. Q2 2024SEC
Q2 2024Aug 2, 2024167$232.6MAlps ETF TrNVDAiShares Trvs. Q1 2024SEC
Q1 2024May 1, 2024166$227.8MAlps ETF TriShares TrGlobal X Uranium ETFvs. Q4 2023SEC
Q4 2023Feb 13, 2024Amended161$201.0MJPMorgan Chase & CoiShares TrGlobal X Uranium ETFvs. Q3 2023SEC
Q3 2023Oct 10, 2023159$170.5MJPMorgan Chase & CoiShares TrState Street Materials Select Sector SPDR ETFvs. Q2 2023SEC
Q2 2023Jul 18, 2023156$168.7MJPMorgan Chase & CoState Street Materials Select Sector SPDR ETFNVDAvs. Q1 2023SEC
Q1 2023Apr 21, 2023147$153.5MJPMorgan Chase & CoState Street Materials Select Sector SPDR ETFAAPLvs. Q4 2022SEC
Q4 2022Jan 17, 2023155$170.6MJPMorgan Chase & CoFirst Tr Exchange-Traded FDState Street Health Care Select Sector SPDR ETFvs. Q3 2022SEC
Q3 2022Nov 1, 2022154$144.5MJPMorgan Chase & CoState Street Health Care Select Sector SPDR ETFSPDR Series Trustvs. Q2 2022SEC
Q2 2022Jul 25, 2022161$152.5MJPMorgan Chase & CoState Street Health Care Select Sector SPDR ETFSPDR Series Trustvs. Q1 2022SEC
Q1 2022Apr 27, 2022164$228.3MJPMorgan Chase & CoInvesco Actively Managed ExcLLYvs. Q4 2021SEC
Q4 2021Jan 20, 2022169$219.2MKLACInvesco QQQ Trust Series ILLYvs. Q3 2021SEC
Q3 2021Oct 15, 2021170$197.3MJPMorgan Chase & CoInvesco QQQ Trust Series IVZvs. Q2 2021SEC
Q2 2021Jul 14, 2021164$197.3MJPMorgan Chase & CoVanguard Scottsdale FDSInvesco QQQ Trust Series Ivs. Q1 2021SEC
Q1 2021Apr 20, 2021161$172.7MInvesco QQQ Trust Series IJPMorgan Chase & CoVZ–SEC