Skip to main content
Livermore
Livermore
ZHEN

National Philanthropic Trust

SEC CIK
0001785342
Latest filing
Aug 14, 2026

The latest 13F from National Philanthropic Trust covers Q2 2026 (filed Aug 14, 2026): 409 long positions worth $6.92B. The top 10 holdings make up 62.0% of the portfolio, and the largest is iShares Core S&P 500 ETF at 16.5%. Livermore has 11 filings on Form 13F from this institution, going back to Q4 2023.

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
68
Est. +$76.8M
Added
124
Est. +$168.9M
Reduced
84
Est. −$3.99B
Sold out
24
Est. −$34.9M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    16.5%$1.14B
  2. APOApollo Global Management, Inc.
    15.6%$1.08BHistory
  3. Vanguard S&P 500 ETF922908363
    5.6%$384.7M
  4. GOOGLAlphabet Inc.
    5.4%$374.7MHistory
  5. GOOGAlphabet Inc.
    4.2%$291.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Star FDS921909768
    +$30.3MAdded
  2. Vanguard S&P 500 ETF922908363
    +$30.1MAdded
  3. METAMeta Platforms, Inc.
    +$16.5MAddedHistory
  4. APOApollo Global Management, Inc.
    +$15.8MAddedHistory
  5. iShares MSCI Eafe ETF464287465
    +$11.9MAdded

Largest weight increases

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

  1. APOApollo Global Management, Inc.
    +4.94 pp10.7% → 15.6%History
  2. Vanguard S&P 500 ETF922908363
    +2.27 pp3.3% → 5.6%
  3. GOOGAlphabet Inc.
    +1.70 pp2.5% → 4.2%History
  4. TSMTaiwan Semiconductor Manufacturing Co Ltd
    +0.88 pp1.0% → 1.8%History
  5. SPYSPDR S&P 500 ETF Trust
    +0.72 pp1.2% → 1.9%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. NVDANVIDIA Corp
    −$1.69BReducedHistory
  2. GOOGLAlphabet Inc.
    −$962.1MReducedHistory
  3. AVGOBroadcom Inc.
    −$583.6MReducedHistory
  4. AMZNAmazon Com Inc
    −$387.0MReducedHistory
  5. MSFTMicrosoft Corp
    −$155.0MReducedHistory

Largest weight decreases

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

  1. NVDANVIDIA Corp
    −14.39 pp18.1% → 3.7%History
  2. GOOGLAlphabet Inc.
    −6.05 pp11.5% → 5.4%History
  3. AVGOBroadcom Inc.
    −5.06 pp5.2% → 0.1%History
  4. AMZNAmazon Com Inc
    −3.39 pp4.0% → 0.6%History
  5. MSFTMicrosoft Corp
    −1.57 pp1.8% → 0.2%History

Metrics

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

Portfolio value
$6.92B
−$2.47B (−26.3%) vs. prior quarter
Positions
409
+44 vs. prior quarter
Top 10 concentration
62.0%
Top 10 as share of value
Turnover
3.0%
Q2 2026, one quarter
Average holding period
10.5 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 (Q4 2023), so positions held before then are understated.

13F filings by quarter

11 quarters, going back to Q4 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $10.1B (Q4 2025)

Q4 2023: $3.77BQ1 2024: $4.58BQ2 2024: $5.24BQ3 2024: $5.51BQ4 2024: $6.94BQ1 2025: $6.19BQ2 2025: $7.47BQ3 2025: $8.94BQ4 2025: $10.1BQ1 2026: $9.38BQ2 2026: $6.92B
Q4 2023Q2 2026
13F filings of National Philanthropic Trust by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 2026409$6.92BiShares Core S&P 500 ETFAPOVanguard S&P 500 ETFvs. Q1 2026SEC
Q1 2026May 15, 2026365$9.38BNVDAGOOGLAPOvs. Q4 2025SEC
Q4 2025May 15, 2026386$10.1BNVDAAPOGOOGLvs. Q3 2025SEC
Q3 2025May 15, 2026326$8.94BNVDAAPOiShares Core S&P 500 ETFvs. Q2 2025SEC
Q2 2025May 15, 2026283$7.47BNVDAAPOiShares Core S&P 500 ETFvs. Q1 2025SEC
Q1 2025May 15, 2026265$6.19BNVDAAPOiShares Core S&P 500 ETFvs. Q4 2024SEC
Q4 2024May 15, 2026269$6.94BNVDAAPOiShares Core S&P 500 ETFvs. Q3 2024SEC
Q3 2024May 15, 2026253$5.51BNVDAAPOiShares Core S&P 500 ETFvs. Q2 2024SEC
Q2 2024May 15, 2026258$5.24BNVDAAPOiShares Core S&P 500 ETFvs. Q1 2024SEC
Q1 2024May 15, 2026269$4.58BNVDAAPOiShares Core S&P 500 ETFvs. Q4 2023SEC
Q4 2023Jun 12, 2026308$3.77BAPONVDAiShares Core S&P 500 ETF–SEC

13D and 13G filings

Companies where National Philanthropic Trust reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

National Philanthropic Trust does not currently report owning 5% or more of any company.

Latest filings

2 filings on file made by National Philanthropic Trust or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by National Philanthropic Trust
CompanyFiled (ET)FormStakeChangeEvent dateFiling
DMYYdMY Squared Technology Group, Inc.May 19, 20264:05 PM ET13D/A0.00%0 shares−9.00 ppfrom 9.00%Below 5%Mar 19, 2026SEC
DMYYdMY Squared Technology Group, Inc.Sep 19, 202511:28 AM ET13D9.00%231.5K sharesNewSep 15, 2025SEC