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Livermore
Livermore
ZHEN

Private Wealth Advisors

SEC CIK
0001787027
Latest filing
Aug 6, 2026

The latest 13F from Private Wealth Advisors covers Q2 2026 (filed Aug 6, 2026): 81 long positions worth $334.6M. The top 10 holdings make up 38.5% of the portfolio, and the largest is SPDR Gold Trust (GLD) at 7.2%. 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
2
Est. +$432.5K
Added
41
Est. +$47.4M
Reduced
36
Est. −$44.7M
Sold out
16
Est. −$35.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. GLDSPDR Gold Trust
    7.2%$24.2MHistory
  2. State Street Financial Select Sector SPDR ETF81369Y605
    4.9%$16.5M
  3. State Street Health Care Select Sector SPDR ETF81369Y209
    4.5%$15.0M
  4. State Street Consumer Discretionary Select Sector SPDR ETF81369Y407
    3.8%$12.6M
  5. State Street Technology Select Sector SPDR ETF81369Y803
    3.5%$11.6M

Biggest buys

New and added positions, by estimated amount bought

  1. State Street Communication Services Select Sector SPDR ETF81369Y852
    +$6.16MAdded
  2. MSFTMicrosoft Corp
    +$5.52MAddedHistory
  3. State Street Health Care Select Sector SPDR ETF81369Y209
    +$4.52MAdded
  4. State Street Consumer Discretionary Select Sector SPDR ETF81369Y407
    +$4.06MAdded
  5. First Tr Exchange-Traded FD33737A108
    +$3.82MAdded

Largest weight increases

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

  1. State Street Communication Services Select Sector SPDR ETF81369Y852
    +1.85 pp0.4% → 2.2%
  2. State Street Health Care Select Sector SPDR ETF81369Y209
    +1.76 pp2.7% → 4.5%
  3. MSFTMicrosoft Corp
    +1.65 pp0.1% → 1.7%History
  4. State Street Technology Select Sector SPDR ETF81369Y803
    +1.58 pp1.9% → 3.5%
  5. State Street Consumer Discretionary Select Sector SPDR ETF81369Y407
    +1.53 pp2.2% → 3.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. GLDSPDR Gold Trust
    −$23.8MReducedHistory
  2. FXYInvesco CurrencyShares Japanese Yen Trust
    −$6.61MSold outHistory
  3. iShares Tr464287515
    −$6.60MSold out
  4. ADMArcher-Daniels-Midland Co
    −$6.03MReducedHistory
  5. iShares Tr464287432
    −$5.24MReduced

Largest weight decreases

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

  1. GLDSPDR Gold Trust
    −8.55 pp15.8% → 7.2%History
  2. FXYInvesco CurrencyShares Japanese Yen Trust
    −1.86 pp1.9% → 0.0%History
  3. iShares Tr464287515
    −1.86 pp1.9% → 0.0%
  4. iShares Tr464287432
    −1.48 pp1.5% → <0.1%
  5. ADMArcher-Daniels-Midland Co
    −1.44 pp3.1% → 1.7%History

Metrics

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

Portfolio value
$334.6M
−$21.0M (−5.9%) vs. prior quarter
Positions
81
−14 vs. prior quarter
Top 10 concentration
38.5%
Top 10 as share of value
Turnover
13.9%
Q2 2026, one quarter
Average holding period
16.2 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 $355.6M (Q1 2026)

Q1 2021: $295.1MQ2 2021: $325.5MQ3 2021: $327.4MQ4 2021: $309.3MQ1 2022: $311.2MQ2 2022: $269.4MQ3 2022: $214.2MQ4 2022: $233.0MQ1 2023: $234.8MQ2 2023: $237.6MQ3 2023: $228.0MQ4 2023: $231.8MQ1 2024: $238.9MQ2 2024: $229.0MQ3 2024: $245.6MQ4 2024: $229.3MQ1 2025: $238.1MQ2 2025: $254.8MQ3 2025: $265.5MQ4 2025: $277.6MQ1 2026: $355.6MQ2 2026: $334.6M
Q1 2021Q2 2026
13F filings of Private Wealth Advisors by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 202681$334.6MGLDState Street Financial Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFvs. Q1 2026SEC
Q1 2026May 13, 202695$355.6MGLDState Street Financial Select Sector SPDR ETFADMvs. Q4 2025SEC
Q4 2025Feb 6, 202687$277.6MGLDState Street Consumer Staples Select Sector SPDR ETFWisdomTree Trvs. Q3 2025SEC
Q3 2025Dec 1, 202586$265.5MGLDWisdomTree TrState Street Consumer Staples Select Sector SPDR ETFvs. Q2 2025SEC
Q2 2025Aug 14, 202582$254.8MGLDWisdomTree TrState Street Consumer Staples Select Sector SPDR ETFvs. Q1 2025SEC
Q1 2025May 12, 202581$238.1MGLDState Street Health Care Select Sector SPDR ETFState Street Materials Select Sector SPDR ETFvs. Q4 2024SEC
Q4 2024Feb 5, 202581$229.3MGLDState Street Consumer Staples Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFvs. Q3 2024SEC
Q3 2024Nov 5, 202476$245.6MGLDVanguard Ftse Emerging Markets ETFState Street Health Care Select Sector SPDR ETFvs. Q2 2024SEC
Q2 2024Jul 23, 202475$229.0MGLDState Street Consumer Staples Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFvs. Q1 2024SEC
Q1 2024May 8, 202474$238.9MGLDState Street Health Care Select Sector SPDR ETFState Street Consumer Staples Select Sector SPDR ETFvs. Q4 2023SEC
Q4 2023Jan 23, 202468$231.8MGLDVanguard Intl Equity Index FState Street Health Care Select Sector SPDR ETFvs. Q3 2023SEC
Q3 2023Oct 19, 202371$228.0MDBAGLDVanguard Intl Equity Index Fvs. Q2 2023SEC
Q2 2023Jul 20, 202373$237.6MGLDDBAVanguard Intl Equity Index Fvs. Q1 2023SEC
Q1 2023Apr 25, 202374$234.8MGLDDBAVanguard Intl Equity Index Fvs. Q4 2022SEC
Q4 2022Feb 13, 202371$233.0MGLDDBAVanguard Intl Equity Index Fvs. Q3 2022SEC
Q3 2022Nov 14, 202266$214.2MDBAGLDVanguard Intl Equity Index Fvs. Q2 2022SEC
Q2 2022Aug 15, 202270$269.4MGLDDBAVanguard Intl Equity Index Fvs. Q1 2022SEC
Q1 2022May 17, 202276$311.2MJPMorgan Ultra-Short Income ETFGLDDBAvs. Q4 2021SEC
Q4 2021Feb 11, 202275$309.3MJPMorgan Ultra-Short Income ETFVanguard Intl Equity Index FGLDvs. Q3 2021SEC
Q3 2021Dec 3, 202195$327.4MJPMorgan Ultra-Short Income ETFVanguard Intl Equity Index FGLDvs. Q2 2021SEC
Q2 2021Jul 29, 202192$325.5MJPMorgan Ultra-Short Income ETFGLDVanguard Intl Equity Index Fvs. Q1 2021SEC
Q1 2021May 17, 202188$295.1MJPMorgan Ultra-Short Income ETFGLDVanguard Intl Equity Index F–SEC