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Livermore
Livermore
ZHEN

tru Independence LLC

SEC CIK
0001785445
Latest filing
Aug 10, 2026

The latest 13F from tru Independence LLC covers Q2 2026 (filed Aug 10, 2026): 108 long positions worth $228.7M. The top 10 holdings make up 64.4% of the portfolio, and the largest is Dimensional U.S. Core Equity 2 ETF at 10.4%. 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
8
Est. +$1.94M
Added
49
Est. +$6.25M
Reduced
41
Est. −$1.91M
Sold out
2
Est. −$418.4K

Top 5 holdings

Share of this quarter's portfolio value

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    10.4%$23.7M
  2. First Trust Rising Dividend Achievers ETF33738R506
    9.2%$21.1M
  3. Fidelity Merrimack STR Tr316188309
    8.7%$19.8M
  4. First Tr Exchange-Traded FD33733E104
    8.2%$18.7M
  5. Dimensional ETF Trust25434V203
    7.0%$16.0M

Share of portfolio

Top 5 holdings and the other 103 positions, by share of portfolio value

  1. Dimensional U.S. Core Equity 2 ETF10.4%
  2. First Trust Rising Dividend Achievers ETF9.2%
  3. Fidelity Merrimack STR Tr8.7%
  4. First Tr Exchange-Traded FD8.2%
  5. Dimensional ETF Trust7.0%
  6. Other 103 positions56.5%

Biggest buys

New and added positions, by estimated amount bought

  1. Fidelity Merrimack STR Tr316188309
    +$1.89MAdded
  2. First Tr Exchange-Traded FD33733E104
    +$1.30MAdded
  3. Harbor ETF Trust41151J505
    +$439.7KAdded
  4. Capital Group Growth ETF14020G101
    +$426.4KAdded
  5. WisdomTree Tr97717Y535
    +$423.4KAdded

Largest weight increases

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

  1. First Trust Rising Dividend Achievers ETF33738R506
    +0.54 pp8.7% → 9.2%
  2. Capital Group Growth ETF14020G101
    +0.35 pp4.3% → 4.6%
  3. Dimensional U.S. Core Equity 2 ETF25434V708
    +0.23 pp10.1% → 10.4%
  4. First Tr Exchange Traded FD33738R704
    +0.18 pp2.8% → 3.0%
  5. INTCIntel Corp
    +0.18 pp0.0% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Fidelity Covington Trust31609A206
    −$423.7KReduced
  2. BITWBitwise 10 Crypto Index ETF
    −$217.2KSold outHistory
  3. JPMJPMorgan Chase & Co
    −$208.8KReducedHistory
  4. PFEPfizer Inc
    −$201.1KSold outHistory
  5. WisdomTree Tr97717Y477
    −$199.3KReduced

Largest weight decreases

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

  1. MSFTMicrosoft Corp
    −0.15 pp1.4% → 1.2%History
  2. BITWBitwise 10 Crypto Index ETF
    −0.11 pp0.1% → 0.0%History
  3. First Tr Exchange-Traded FD33734H106
    −0.10 pp0.7% → 0.5%
  4. JPMJPMorgan Chase & Co
    −0.10 pp0.6% → 0.5%History
  5. PFEPfizer Inc
    −0.10 pp0.1% → 0.0%History

Metrics

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

Portfolio value
$228.7M
+$26.5M (+13.1%) vs. prior quarter
Positions
108
+6 vs. prior quarter
Top 10 concentration
64.4%
Top 10 as share of value
Turnover
1.1%
Q2 2026, one quarter
Average holding period
14.5 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 (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 $528.5M (Q1 2021)

Q1 2021: $528.5MQ2 2021: $339.5MQ3 2021: $357.5MQ4 2021: $366.8MQ1 2022: $369.1MQ2 2022: $311.1MQ3 2022: $283.0MQ4 2022: $308.4MQ1 2023: $310.3MQ2 2023: $303.5MQ3 2023: $289.0MQ4 2023: $329.4MQ1 2024: $339.5MQ2 2024: $331.2MQ3 2024: $341.6MQ4 2024: $318.4MQ1 2025: $322.2MQ2 2025: $345.8MQ3 2025: $385.0MQ4 2025: $396.3MQ1 2026: $202.2MQ2 2026: $228.7M
Q1 2021Q2 2026
13F filings of tru Independence LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 10, 2026108$228.7MDimensional U.S. Core Equity 2 ETFFirst Trust Rising Dividend Achievers ETFFidelity Merrimack STR Trvs. Q1 2026SEC
Q1 2026Apr 22, 2026102$202.2MDimensional U.S. Core Equity 2 ETFFidelity Merrimack STR TrFirst Trust Rising Dividend Achievers ETFvs. Q4 2025SEC
Q4 2025Jan 22, 2026132$396.3MDimensional U.S. Core Equity 2 ETFFidelity Merrimack STR TrFirst Trust Rising Dividend Achievers ETFvs. Q3 2025SEC
Q3 2025Oct 23, 2025125$385.0MDimensional U.S. Core Equity 2 ETFFirst Trust Rising Dividend Achievers ETFFidelity Merrimack STR Trvs. Q2 2025SEC
Q2 2025Jul 15, 2025120$345.8MDimensional U.S. Core Equity 2 ETFFidelity Merrimack STR TrFirst Tr Exchange-Traded FDvs. Q1 2025SEC
Q1 2025Apr 30, 2025110$322.2MDimensional U.S. Core Equity 2 ETFFidelity Merrimack STR TrFirst Tr Exchange-Traded FDvs. Q4 2024SEC
Q4 2024Jan 22, 2025113$318.4MDimensional ETF TrustFirst Tr Exchange-Traded FDFidelity Merrimack STR Trvs. Q3 2024SEC
Q3 2024Nov 4, 2024110$341.6MDimensional ETF TrustFirst Tr Exchange-Traded FDFidelity Merrimack STR Trvs. Q2 2024SEC
Q2 2024Aug 6, 2024104$331.2MDimensional ETF TrustFirst Tr Exchange-Traded FDFidelity Merrimack STR Trvs. Q1 2024SEC
Q1 2024Apr 18, 2024108$339.5MDimensional ETF TrustFirst Tr Exchange-Traded FDFidelity Merrimack STR Trvs. Q4 2023SEC
Q4 2023Jan 10, 2024107$329.4MDimensional ETF TrustFirst Tr Exchange-Traded FDBAvs. Q3 2023SEC
Q3 2023Nov 8, 2023118$289.0MFirst Tr Exchange-Traded FDDimensional ETF TrustAAPLvs. Q2 2023SEC
Q2 2023Aug 14, 2023119$303.5MFirst Tr Exchange-Traded FDDimensional ETF TrustAAPLvs. Q1 2023SEC
Q1 2023Apr 25, 2023120$310.3MDimensional ETF TrustFirst Tr Exchange-Traded FDOIvs. Q4 2022SEC
Q4 2022Jan 30, 2023115$308.4MFirst Tr Exchange-Traded FDDimensional ETF TrustBAvs. Q3 2022SEC
Q3 2022Nov 3, 2022171$283.0MCVSFirst Tr Exchange-Traded FDSHELvs. Q2 2022SEC
Q2 2022Aug 4, 2022180$311.1MCVSSHELMRKvs. Q1 2022SEC
Q1 2022Apr 28, 2022210$369.1MTRVCLFCVSvs. Q4 2021SEC
Q4 2021Jan 21, 2022196$366.8MiShares Core S&P 500 ETFCVSUPSvs. Q3 2021SEC
Q3 2021Nov 12, 2021196$357.5MiShares Core S&P 500 ETFTFCCVSvs. Q2 2021SEC
Q2 2021Aug 3, 2021274$339.5MGLWUPSiShares Core S&P 500 ETFvs. Q1 2021SEC
Q1 2021May 20, 2021295$528.5MiShares Core S&P 500 ETFVanguard Ftse Developed Markets ETFVanguard Dividend Appreciation ETF–SEC