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Ethic Inc.

SEC CIK
0001780570
Latest filing
Nov 3, 2026

The latest 13F from Ethic Inc. covers Q3 2026 (filed Nov 3, 2026): 1,456 long positions worth $8.70B. The top 10 holdings make up 32.9% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 7.2%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2026

Full comparison

Share counts compared with Q2 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.

New
181
Est. +$114.6M
Added
818
Est. +$688.1M
Reduced
449
Est. −$151.9M
Sold out
83
Est. −$36.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    7.2%$628.9MHistory
  2. AAPLApple Inc.
    6.6%$571.3MHistory
  3. MSFTMicrosoft Corp
    5.0%$433.3MHistory
  4. GOOGLAlphabet Inc.
    2.6%$230.3MHistory
  5. AMZNAmazon Com Inc
    2.6%$225.7MHistory

Share of portfolio

Top 5 holdings and the other 1,451 positions, by share of portfolio value

  1. NVDA7.2%
  2. AAPL6.6%
  3. MSFT5.0%
  4. GOOGL2.6%
  5. AMZN2.6%
  6. Other 1,451 positions76.0%

Biggest buys

New and added positions, by estimated amount bought

  1. AVGOBroadcom Inc.
    +$34.1MAddedHistory
  2. AAPLApple Inc.
    +$33.0MAddedHistory
  3. JPMJPMorgan Chase & Co
    +$32.0MAddedHistory
  4. Goldman Sachs ETF Tr381430396
    +$29.3MAdded
  5. MSFTMicrosoft Corp
    +$27.7MAddedHistory

Largest weight increases

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

  1. MSFTMicrosoft Corp
    +1.31 pp3.7% → 5.0%History
  2. AAPLApple Inc.
    +0.74 pp5.8% → 6.6%History
  3. NVDANVIDIA Corp
    +0.65 pp6.6% → 7.2%History
  4. JPMJPMorgan Chase & Co
    +0.34 pp0.4% → 0.7%History
  5. Goldman Sachs ETF Tr381430396
    +0.34 pp<0.1% → 0.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. EAElectronic Arts Inc.
    −$8.74MSold outHistory
  2. DEDeere & Co
    −$6.96MReducedHistory
  3. GSGoldman Sachs Group Inc
    −$6.90MReducedHistory
  4. PEGPublic Service Enterprise Group Inc
    −$5.72MReducedHistory
  5. DINOHF Sinclair Corp
    −$4.63MReducedHistory

Largest weight decreases

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

  1. GLWCorning Inc
    −0.23 pp0.4% → 0.2%History
  2. GSGoldman Sachs Group Inc
    −0.20 pp0.6% → 0.5%History
  3. WDCWestern Digital Corp
    −0.14 pp0.4% → 0.3%History
  4. IBMInternational Business Machines Corp
    −0.13 pp0.5% → 0.3%History
  5. EAElectronic Arts Inc.
    −0.11 pp0.1% → 0.0%History

Metrics

13F metrics for Q3 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$8.70B
+$675.6M (+8.4%) vs. prior quarter
Positions
1,456
+98 vs. prior quarter
Top 10 concentration
32.9%
Top 10 as share of value
Turnover
2.3%
Q3 2026, one quarter
Average holding period
19.6 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

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

Peak $8.70B (Q3 2026)

Q1 2021: $561.0MQ2 2021: $824.9MQ3 2021: $977.1MQ4 2021: $1.30BQ1 2022: $1.45BQ2 2022: $1.43BQ3 2022: $1.47BQ4 2022: $1.85BQ1 2023: $2.46BQ2 2023: $2.70BQ3 2023: $2.85BQ4 2023: $3.38BQ1 2024: $3.96BQ2 2024: $4.26BQ3 2024: $3.96BQ4 2024: $4.96BQ1 2025: $4.94BQ2 2025: $5.58BQ3 2025: $6.08BQ4 2025: $6.50BQ1 2026: $6.38BQ2 2026: $8.02BQ3 2026: $8.70B
Q1 2021Q3 2026
13F filings of Ethic Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2026Nov 3, 20261,456$8.70BNVDAAAPLMSFTvs. Q2 2026SEC
Q2 2026Jul 29, 20261,358$8.02BNVDAAAPLMSFTvs. Q1 2026SEC
Q1 2026Apr 27, 20261,235$6.38BNVDAAAPLGOOGvs. Q4 2025SEC
Q4 2025Feb 3, 20261,210$6.50BNVDAAAPLMSFTvs. Q3 2025SEC
Q3 2025Oct 17, 20251,192$6.08BNVDAAAPLMSFTvs. Q2 2025SEC
Q2 2025Jul 30, 20251,214$5.58BNVDAMSFTAAPLvs. Q1 2025SEC
Q1 2025May 13, 20251,164$4.94BAAPLMSFTNVDAvs. Q4 2024SEC
Q4 2024Feb 14, 20251,143$4.96BAAPLNVDAMSFTvs. Q3 2024SEC
Q3 2024Nov 13, 20241,081$3.96BMSFTAAPLNVDAvs. Q2 2024SEC
Q2 2024Aug 13, 20241,130$4.26BMSFTAAPLNVDAvs. Q1 2024SEC
Q1 2024May 13, 20241,080$3.96BMSFTAAPLNVDAvs. Q4 2023SEC
Q4 2023Feb 14, 20241,048$3.38BAAPLMSFTNVDAvs. Q3 2023SEC
Q3 2023Nov 14, 20231,011$2.85BAAPLMSFTNVDAvs. Q2 2023SEC
Q2 2023Aug 14, 2023968$2.70BAAPLMSFTNVDAvs. Q1 2023SEC
Q1 2023May 12, 2023959$2.46BAAPLMSFTAMZNvs. Q4 2022SEC
Q4 2022Feb 14, 2023902$1.85BAAPLMSFTGOOGLvs. Q3 2022SEC
Q3 2022Nov 14, 2022797$1.47BAAPLMSFTAMZNvs. Q2 2022SEC
Q2 2022Aug 10, 2022754$1.43BAAPLMSFTGOOGLvs. Q1 2022SEC
Q1 2022May 16, 2022741$1.45BAAPLMSFTAMZNvs. Q4 2021SEC
Q4 2021Feb 14, 2022663$1.30BAAPLMSFTAMZNvs. Q3 2021SEC
Q3 2021Nov 15, 2021609$977.1MAAPLMSFTAMZNvs. Q2 2021SEC
Q2 2021Aug 10, 2021564$824.9MAAPLMSFTAMZNvs. Q1 2021SEC
Q1 2021May 13, 2021486$561.0MAAPLMSFTAMZN–SEC