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Livermore
Livermore
ZHEN

MBE Wealth Management, LLC

SEC CIK
0001775850
Latest filing
Jul 24, 2026

The latest 13F from MBE Wealth Management, LLC covers Q2 2026 (filed Jul 24, 2026): 170 long positions worth $284.5M. The top 10 holdings make up 54.9% of the portfolio, and the largest is Invesco QQQ Trust Series I at 12.2%. Livermore has 22 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
32
Est. +$14.7M
Added
62
Est. +$6.69M
Reduced
57
Est. −$3.54M
Sold out
3
Est. −$713.5K

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    12.2%$34.8M
  2. Vanguard Morningstar Small-Cap ETF922908751
    10.4%$29.7M
  3. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    9.8%$27.9M
  4. iShares Core S&P 500 ETF464287200
    4.8%$13.7M
  5. ETF Ser Solutions26922A222
    4.6%$12.9M

Biggest buys

New and added positions, by estimated amount bought

  1. Hartford FDS Exchange Traded41653L305
    +$2.38MAdded
  2. Allspring Exchange Traded Fu01989A308
    +$2.27MNew
  3. BlackRock ETF Trust II092528876
    +$1.94MNew
  4. Harris Oakmark ETF Trust41456U205
    +$1.19MNew
  5. Capital Group Intl Focus EQT14019W109
    +$1.16MNew

Largest weight increases

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

  1. Allspring Exchange Traded Fu01989A308
    +0.80 pp0.0% → 0.8%
  2. BlackRock ETF Trust II092528876
    +0.68 pp0.0% → 0.7%
  3. Hartford FDS Exchange Traded41653L305
    +0.64 pp1.3% → 1.9%
  4. Harris Oakmark ETF Trust41456U205
    +0.42 pp0.0% → 0.4%
  5. Capital Group Intl Focus EQT14019W109
    +0.41 pp0.0% → 0.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco QQQ Trust Series I46090E103
    −$1.26MReduced
  2. Vanguard Morningstar Small-Cap ETF922908751
    −$339.2KReduced
  3. BRBroadridge Financial Solutions, Inc.
    −$274.2KSold outHistory
  4. ETF Ser Solutions26922B642
    −$239.9KReduced
  5. IBITiShares Bitcoin Trust ETF
    −$223.7KSold outHistory

Largest weight decreases

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

  1. ETF Ser Solutions26922A222
    −0.39 pp4.9% → 4.6%
  2. ETF Ser Solutions26922A388
    −0.39 pp3.3% → 2.9%
  3. Vanguard Morningstar Small-Cap ETF922908751
    −0.34 pp10.8% → 10.4%
  4. ETF Ser Solutions26922B642
    −0.26 pp1.1% → 0.8%
  5. iShares Core S&P 500 ETF464287200
    −0.16 pp5.0% → 4.8%

Metrics

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

Portfolio value
$284.5M
+$43.7M (+18.2%) vs. prior quarter
Positions
170
+29 vs. prior quarter
Top 10 concentration
54.9%
Top 10 as share of value
Turnover
1.6%
Q2 2026, one quarter
Average holding period
15.7 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 $284.5M (Q2 2026)

Q1 2021: $184.3MQ2 2021: $193.1MQ3 2021: $196.3MQ4 2021: $194.7MQ1 2022: $168.2MQ2 2022: $143.3MQ3 2022: $137.0MQ4 2022: $155.0MQ1 2023: $169.8MQ2 2023: $186.0MQ3 2023: $174.2MQ4 2023: $195.4MQ1 2024: $161.9MQ2 2024: $165.2MQ3 2024: $181.3MQ4 2024: $177.5MQ1 2025: $209.0MQ2 2025: $230.0MQ3 2025: $231.2MQ4 2025: $238.8MQ1 2026: $240.7MQ2 2026: $284.5M
Q1 2021Q2 2026
13F filings of MBE Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 24, 2026170$284.5MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q1 2026SEC
Q1 2026Apr 21, 2026141$240.7MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q4 2025SEC
Q4 2025Jan 21, 2026133$238.8MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q3 2025SEC
Q3 2025Oct 28, 2025138$231.2MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q2 2025SEC
Q2 2025Jul 16, 2025135$230.0MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q1 2025SEC
Q1 2025Apr 22, 2025121$209.0MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q4 2024SEC
Q4 2024Jan 22, 2025102$177.5MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q3 2024SEC
Q3 2024Oct 21, 202499$181.3MVanguard Morningstar Small-Cap ETFInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 Value ETFvs. Q2 2024SEC
Q2 2024Jul 22, 202493$165.2MInvesco QQQ Trust Series IVanguard Morningstar Small-Cap ETFState Street SPDR Portfolio S&P 500 Value ETFvs. Q1 2024SEC
Q1 2024Apr 22, 202492$161.9MVanguard Morningstar Small-Cap ETFInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 Value ETFvs. Q4 2023SEC
Q4 2023Jan 29, 202494$195.4MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFInvesco QQQ Trust Series Ivs. Q3 2023SEC
Q3 2023Oct 16, 202384$174.2MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFInvesco QQQ Trust Series Ivs. Q2 2023SEC
Q2 2023Jul 17, 202386$186.0MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFInvesco QQQ Trust Series Ivs. Q1 2023SEC
Q1 2023Apr 20, 202375$169.8MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFInvesco QQQ Trust Series Ivs. Q4 2022SEC
Q4 2022Jan 18, 202367$155.0MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFiShares Core Dividend Growth ETFvs. Q3 2022SEC
Q3 2022Oct 20, 202259$137.0MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFiShares Core Dividend Growth ETFvs. Q2 2022SEC
Q2 2022Jul 19, 202261$143.3MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFiShares Core Dividend Growth ETFvs. Q1 2022SEC
Q1 2022Apr 20, 202269$168.2MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFiShares Core Dividend Growth ETFvs. Q4 2021SEC
Q4 2021Jan 19, 202265$194.7MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFiShares Core Dividend Growth ETFvs. Q3 2021SEC
Q3 2021Oct 25, 202160$196.3MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFETF Ser Solutionsvs. Q2 2021SEC
Q2 2021Jul 19, 202159$193.1MiShares Core S&P 500 ETFVanguard Morningstar Small-Cap ETFETF Ser Solutionsvs. Q1 2021SEC
Q1 2021Apr 26, 202161$184.3MiShares Core S&P 500 ETFETF Ser SolutionsiShares Core Dividend Growth ETF–SEC