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Livermore
Livermore
ZHEN

PSI Advisors, LLC

SEC CIK
0001779040
Latest filing
Aug 3, 2026

The latest 13F from PSI Advisors, LLC covers Q2 2026 (filed Aug 3, 2026): 151 long positions worth $430.5M. The top 10 holdings make up 54.4% of the portfolio, and the largest is Invesco QQQ Trust Series I at 12.6%. 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
18
Est. +$6.02M
Added
62
Est. +$18.3M
Reduced
67
Est. −$51.5M
Sold out
23
Est. −$7.53M

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    12.6%$54.2M
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    11.2%$48.2M
  3. JPMorgan Nasdaq Equity Premium Income ETF46654Q203
    6.7%$28.9M
  4. First Tr Exchange-Traded FD33739Q705
    4.5%$19.5M
  5. iShares Core Dividend Growth ETF46434V621
    3.9%$16.8M

Biggest buys

New and added positions, by estimated amount bought

  1. Neos ETF Trust78433H303
    +$4.51MAdded
  2. Neos ETF Trust78433H675
    +$2.76MAdded
  3. MSFTMicrosoft Corp
    +$2.42MAddedHistory
  4. Invesco Exchange Traded FD T46137V464
    +$1.70MAdded
  5. First Tr Exchange-Traded FD33738D879
    +$1.54MNew

Largest weight increases

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

  1. Neos ETF Trust78433H303
    +1.05 pp0.1% → 1.1%
  2. Neos ETF Trust78433H675
    +0.78 pp1.2% → 2.0%
  3. MSFTMicrosoft Corp
    +0.55 pp0.6% → 1.1%History
  4. Invesco Exchange Traded FD T46137V464
    +0.51 pp0.8% → 1.3%
  5. Principal Exchange Traded FD74255Y607
    +0.42 pp2.1% → 2.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco QQQ Trust Series I46090E103
    −$7.10MReduced
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    −$6.75MReduced
  3. First Tr Exchange-Traded FD33739Q705
    −$6.15MReduced
  4. JPMorgan Nasdaq Equity Premium Income ETF46654Q203
    −$3.41MReduced
  5. iShares Tr46436E858
    −$3.04MReduced

Largest weight decreases

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

  1. First Tr Exchange-Traded FD33739Q705
    −1.40 pp5.9% → 4.5%
  2. iShares Tr46436E858
    −0.76 pp1.9% → 1.1%
  3. iShares Ibonds Dec 2026 Term Muni Bond ETF46435U259
    −0.52 pp0.8% → 0.3%
  4. CIENCiena Corp
    −0.49 pp0.6% → 0.1%History
  5. First Tr Exchng Traded FD VI33740F755
    −0.48 pp3.9% → 3.4%

Metrics

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

Portfolio value
$430.5M
+$12.9M (+3.1%) vs. prior quarter
Positions
151
−5 vs. prior quarter
Top 10 concentration
54.4%
Top 10 as share of value
Turnover
5.7%
Q2 2026, one quarter
Average holding period
14.0 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 $430.5M (Q2 2026)

Q1 2021: $169.8MQ2 2021: $189.7MQ3 2021: $217.6MQ4 2021: $245.7MQ1 2022: $242.9MQ2 2022: $203.4MQ3 2022: $190.3MQ4 2022: $187.9MQ1 2023: $207.1MQ2 2023: $227.8MQ3 2023: $231.0MQ4 2023: $267.9MQ1 2024: $276.7MQ2 2024: $316.0MQ3 2024: $341.4MQ4 2024: $337.0MQ1 2025: $307.4MQ2 2025: $203.7MQ3 2025: $388.2MQ4 2025: $398.1MQ1 2026: $417.5MQ2 2026: $430.5M
Q1 2021Q2 2026
13F filings of PSI Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 3, 2026151$430.5MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFJPMorgan Nasdaq Equity Premium Income ETFvs. Q1 2026SEC
Q1 2026May 15, 2026156$417.5MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFJPMorgan Nasdaq Equity Premium Income ETFvs. Q4 2025SEC
Q4 2025Feb 9, 2026123$398.1MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFJPMorgan Nasdaq Equity Premium Income ETFvs. Q3 2025SEC
Q3 2025Nov 12, 2025138$388.2MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFJPMorgan Nasdaq Equity Premium Income ETFvs. Q2 2025SEC
Q2 2025Aug 12, 2025114$203.7MState Street SPDR Portfolio S&P 500 ETFPacer US Cash Cows 100 ETFiShares Core Dividend Growth ETFvs. Q1 2025SEC
Q1 2025Apr 21, 2025757$307.4MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IJPMorgan Nasdaq Equity Premium Income ETFvs. Q4 2024SEC
Q4 2024Jan 13, 2025892$337.0MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IJPMorgan Nasdaq Equity Premium Income ETFvs. Q3 2024SEC
Q3 2024Oct 22, 2024892$341.4MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IJPMorgan Nasdaq Equity Premium Income ETFvs. Q2 2024SEC
Q2 2024Jul 23, 2024875$316.0MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IJPMorgan Nasdaq Equity Premium Income ETFvs. Q1 2024SEC
Q1 2024Apr 24, 2024803$276.7MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IiShares Core Dividend Growth ETFvs. Q4 2023SEC
Q4 2023Feb 1, 2024879$267.9MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IiShares Core Dividend Growth ETFvs. Q3 2023SEC
Q3 2023Oct 13, 2023860$231.0MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IiShares Core Dividend Growth ETFvs. Q2 2023SEC
Q2 2023Jul 21, 2023852$227.8MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q1 2023SEC
Q1 2023Apr 25, 2023794$207.1MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q4 2022SEC
Q4 2022Jan 19, 2023777$187.9MState Street SPDR Portfolio S&P 500 ETFInvesco QQQ Trust Series IiShares MSCI USA Min Vol Factor ETFvs. Q3 2022SEC
Q3 2022Oct 20, 2022841$190.3MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q2 2022SEC
Q2 2022Jul 18, 2022786$203.4MInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q1 2022SEC
Q1 2022Apr 20, 2022771$242.9MInvesco QQQ Trust Series IiShares Core S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q4 2021SEC
Q4 2021Feb 11, 2022803$245.7MInvesco QQQ Trust Series IiShares Core S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q3 2021SEC
Q3 2021Nov 12, 2021730$217.6MInvesco QQQ Trust Series IiShares Core S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q2 2021SEC
Q2 2021Aug 10, 2021134$189.7MInvesco QQQ Trust Series IiShares Core S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q1 2021SEC
Q1 2021May 11, 2021131$169.8MInvesco QQQ Trust Series IiShares Core S&P 500 ETFiShares MSCI USA Min Vol Factor ETF–SEC