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Livermore
Livermore
ZHEN

Wolff Financial Management LLC

SEC CIK
0001767940
Latest filing
Jul 16, 2026

The latest 13F from Wolff Financial Management LLC covers Q2 2026 (filed Jul 16, 2026): 106 long positions worth $501.5M. The top 10 holdings make up 72.3% of the portfolio, and the largest is Vanguard Ftse Developed Markets ETF at 10.0%. Livermore has 21 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
4
Est. +$887.8K
Added
36
Est. +$7.91M
Reduced
25
Est. −$6.34M
Sold out
1
Est. −$202.1K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Ftse Developed Markets ETF921943858
    10.0%$50.0M
  2. Vanguard Morningstar Growth ETF922908736
    9.7%$48.6M
  3. iShares Core Dividend Growth ETF46434V621
    8.5%$42.8M
  4. SPDR Series Trust78464A763
    8.0%$40.1M
  5. Vanguard Morningstar Small-Cap ETF922908751
    7.3%$36.8M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Scottsdale FDS92206C102
    +$2.04MAdded
  2. Vanguard Scottsdale FDS92206C409
    +$1.70MAdded
  3. Vanguard Malvern FDS922020748
    +$1.65MAdded
  4. Vanguard Morningstar Mid-Cap Growth ETF922908538
    +$737.6KAdded
  5. SPDR Series Trust78464A763
    +$510.7KAdded

Largest weight increases

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

  1. Vanguard Morningstar Growth ETF922908736
    +0.70 pp9.0% → 9.7%
  2. Vanguard Morningstar Mid-Cap Growth ETF922908538
    +0.32 pp2.3% → 2.7%
  3. INTCIntel Corp
    +0.10 pp<0.1% → 0.1%History
  4. GLWCorning Inc
    +0.05 pp0.0% → 0.1%History
  5. MSFTMicrosoft Corp
    +0.05 pp0.5% → 0.6%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Ftse Developed Markets ETF921943858
    −$1.43MReduced
  2. SNDKSandisk Corp
    −$1.02MReducedHistory
  3. Vanguard Morningstar Small-Cap ETF922908751
    −$589.3KReduced
  4. CATCaterpillar Inc
    −$541.0KReducedHistory
  5. LLYEli Lilly & Co
    −$509.8KReducedHistory

Largest weight decreases

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

  1. Vanguard High Dividend Yield Index ETF921946406
    −0.31 pp7.3% → 7.0%
  2. iShares Core Dividend Growth ETF46434V621
    −0.26 pp8.8% → 8.5%
  3. Vanguard Ftse Developed Markets ETF921943858
    −0.25 pp10.2% → 10.0%
  4. ESLTElbit Systems Ltd
    −0.04 pp<0.1% → 0.0%History
  5. Vanguard Morningstar Small-Cap Value ETF922908611
    −0.04 pp0.8% → 0.8%

Metrics

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

Portfolio value
$501.5M
+$48.9M (+10.8%) vs. prior quarter
Positions
106
+3 vs. prior quarter
Top 10 concentration
72.3%
Top 10 as share of value
Turnover
1.4%
Q2 2026, one quarter
Average holding period
12.1 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

21 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $501.5M (Q2 2026)

Q1 2021: $218.2MQ3 2021: $115.1MQ4 2021: $264.2MQ1 2022: $251.9MQ2 2022: $224.8MQ3 2022: $219.1MQ4 2022: $270.3MQ1 2023: $287.0MQ2 2023: $114.8MQ3 2023: $293.0MQ4 2023: $323.8MQ1 2024: $343.1MQ2 2024: $135.4MQ3 2024: $368.1MQ4 2024: $360.4MQ1 2025: $361.0MQ2 2025: $387.1MQ3 2025: $430.8MQ4 2025: $444.6MQ1 2026: $452.5MQ2 2026: $501.5M
Q1 2021Q2 2026
13F filings of Wolff Financial Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 16, 2026106$501.5MVanguard Ftse Developed Markets ETFVanguard Morningstar Growth ETFiShares Core Dividend Growth ETFvs. Q1 2026SEC
Q1 2026Apr 15, 2026103$452.5MVanguard Ftse Developed Markets ETFVanguard Morningstar Growth ETFiShares Core Dividend Growth ETFvs. Q4 2025SEC
Q4 2025Feb 6, 2026101$444.6MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFiShares Core Dividend Growth ETFvs. Q3 2025SEC
Q3 2025Oct 20, 2025101$430.8MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFiShares Core Dividend Growth ETFvs. Q2 2025SEC
Q2 2025Jul 9, 202598$387.1MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFiShares Core Dividend Growth ETFvs. Q1 2025SEC
Q1 2025Apr 24, 202597$361.0MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFSPDR Series Trustvs. Q4 2024SEC
Q4 2024Jan 21, 202594$360.4MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFiShares Core Dividend Growth ETFvs. Q3 2024SEC
Q3 2024Oct 24, 202498$368.1MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFSPDR Series Trustvs. Q2 2024SEC
Q2 2024Jul 18, 202442$135.4MiShares Core Dividend Growth ETFSPDR Series TrustVanguard Scottsdale FDSvs. Q1 2024SEC
Q1 2024Apr 24, 202497$343.1MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFSPDR Series Trustvs. Q4 2023SEC
Q4 2023Jan 25, 202496$323.8MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFSPDR Series Trustvs. Q3 2023SEC
Q3 2023Oct 30, 202396$293.0MVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFSPDR Series Trustvs. Q2 2023SEC
Q2 2023Jul 18, 202335$114.8MSPDR Series TrustiShares Core Dividend Growth ETFVanguard Scottsdale FDSvs. Q1 2023SEC
Q1 2023May 1, 2023100$287.0MSPDR Series TrustVanguard Morningstar Growth ETFVanguard Ftse Developed Markets ETFvs. Q4 2022SEC
Q4 2022Feb 6, 202397$270.3MSPDR Series TrustVanguard High Dividend Yield Index ETFVanguard Scottsdale FDSvs. Q3 2022SEC
Q3 2022Oct 31, 202298$219.1MSPDR Series TrustInvesco Exchange Traded FD TVanguard High Dividend Yield Index ETFvs. Q2 2022SEC
Q2 2022Aug 5, 2022100$224.8MSPDR Series TrustInvesco Exchange Traded FD TVanguard High Dividend Yield Index ETFvs. Q1 2022SEC
Q1 2022May 3, 2022102$251.9MSPDR Series TrustInvesco Exchange Traded FD TVanguard High Dividend Yield Index ETFvs. Q4 2021SEC
Q4 2021Feb 8, 2022105$264.2MInvesco Exchange Traded FD TSPDR Series TrustVanguard High Dividend Yield Index ETFvs. Q3 2021SEC
Q3 2021Nov 12, 202139$115.1MInvesco Exchange Traded FD TSPDR Series TrustVanguard Scottsdale FDS–SEC
Q1 2021May 13, 202195$218.2MSPDR Series TrustInvesco Exchange Traded FD TVanguard High Dividend Yield Index ETF–SEC