Centerstone Investors, LLC
- SEC CIK
- 0001766788
- Latest filing
- Jan 30, 2026
The latest 13F from Centerstone Investors, LLC covers Q4 2025 (filed Jan 30, 2026): 22 long positions worth $31.8M. The top 10 holdings make up 74.7% of the portfolio, and the largest is SPDR Gold Trust (GLD) at 20.5%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.
What changed in Q4 2025
Share counts compared with Q3 2025: 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.
- New
- 1
- Est. +$2.50M
- Added
- 2
- Est. +$1.40M
- Reduced
- 1
- Est. −$1.59M
- Sold out
- 0
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
Metrics
13F metrics for Q4 2025, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $31.8M
- +$3.75M (+13.4%) vs. prior quarter
- Positions
- 22
- +1 vs. prior quarter
- Top 10 concentration
- 74.7%
- Top 10 as share of value
- Turnover
- 5.3%
- Q4 2025, one quarter
- Average holding period
- 11.8 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
20 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $129.5M (Q1 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q4 2025 | Jan 30, 2026 | 22 | $31.8M | GLDiShares TrSPY | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 14, 2025 | 21 | $28.1M | GLDiShares TrFNV | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 14, 2025 | 22 | $24.4M | GLDiShares TrFNV | vs. Q1 2025 | SEC |
| Q1 2025 | May 15, 2025 | 22 | $42.2M | GLDiShares TriShares Inc | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 19, 2025Amended | 28 | $106.8M | TRPGLDRYAAY | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 25, 2024Amended | 26 | $103.0M | TRPGLDRYAAY | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 14, 2024 | 29 | $120.0M | TRPGLDRYAAY | vs. Q1 2024 | SEC |
| Q1 2024 | May 15, 2024 | 30 | $129.5M | RYAAYGLDiShares Inc | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 14, 2024 | 24 | $97.6M | RYAAYGLDPRGO | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 14, 2023 | 25 | $97.9M | iShares TrGLDPRGO | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 14, 2023 | 24 | $100.4M | iShares TrGLDPRGO | vs. Q1 2023 | SEC |
| Q1 2023 | May 15, 2023 | 24 | $85.1M | iShares TrGLDHSIC | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 14, 2023 | 26 | $68.3M | GLDHSICORLY | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 14, 2022 | 22 | $61.1M | GLDPRGOHSIC | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 15, 2022 | 22 | $86.8M | GLDPRGOCDK | vs. Q1 2022 | SEC |
| Q1 2022 | May 16, 2022 | 19 | $96.4M | GLDPRGOHSIC | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 14, 2022 | 22 | $113.5M | GLDPRGOHSIC | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 15, 2021 | 21 | $103.8M | GLDHSICMMM | vs. Q2 2021 | SEC |
| Q2 2021 | Nov 15, 2021Amended | 20 | $94.7M | GLDHSICCCU | vs. Q1 2021 | SEC |
| Q1 2021 | May 17, 2021 | 20 | $100.8M | GLDMHKMMM | – | SEC |