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HBW Advisory Services LLC

SEC CIK
0001790525
Latest filing
Oct 14, 2026

The latest 13F from HBW Advisory Services LLC covers Q3 2026 (filed Oct 14, 2026): 440 long positions worth $1.01B. The top 10 holdings make up 29.1% of the portfolio, and the largest is First Tr Exchange-Traded FD at 7.8%. 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
29
Est. +$9.73M
Added
189
Est. +$108.6M
Reduced
208
Est. −$182.2M
Sold out
52
Est. −$23.9M

Top 5 holdings

Share of this quarter's portfolio value

  1. First Tr Exchange-Traded FD33733E690
    7.8%$78.5M
  2. Vanguard S&P 500 ETF922908363
    6.1%$61.1M
  3. Invesco Exch Traded FD Tr II46138E339
    2.6%$26.2M
  4. Invesco QQQ Trust Series I46090E103
    2.5%$25.1M
  5. First Tr Exchng Traded FD VI33740F755
    2.2%$22.4M

Share of portfolio

Top 5 holdings and the other 435 positions, by share of portfolio value

  1. First Tr Exchange-Traded FD7.8%
  2. Vanguard S&P 500 ETF6.1%
  3. Invesco Exch Traded FD Tr II2.6%
  4. Invesco QQQ Trust Series I2.5%
  5. First Tr Exchng Traded FD VI2.2%
  6. Other 435 positions78.9%

Biggest buys

New and added positions, by estimated amount bought

  1. First Tr Exchange-Traded FD33733E690
    +$53.8MAdded
  2. First Tr Exchange-Traded FD33733E641
    +$4.02MAdded
  3. First Tr Exchange Traded FD33738R704
    +$3.83MAdded
  4. Invesco Nasdaq 100 ETF46138G649
    +$3.51MAdded
  5. Vanguard S&P 500 ETF922908363
    +$2.42MAdded

Largest weight increases

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

  1. First Tr Exchange-Traded FD33733E690
    +5.55 pp2.2% → 7.8%
  2. Vanguard S&P 500 ETF922908363
    +0.84 pp5.2% → 6.1%
  3. Invesco Nasdaq 100 ETF46138G649
    +0.46 pp1.1% → 1.6%
  4. First Tr Exchange-Traded FD33733E641
    +0.41 pp0.1% → 0.5%
  5. Schwab U.S. Large-Cap Growth ETF808524300
    +0.29 pp1.2% → 1.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco QQQ Trust Series I46090E103
    −$17.3MReduced
  2. J P Morgan Exchange Traded F46641Q332
    −$16.9MReduced
  3. Invesco Exch Traded FD Tr II46138E339
    −$13.6MReduced
  4. Global X FDS37954Y673
    −$9.31MReduced
  5. VanEck Morningstar Wide Moat ETF92189F643
    −$8.78MReduced

Largest weight decreases

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

  1. J P Morgan Exchange Traded F46641Q332
    −1.48 pp2.1% → 0.6%
  2. Invesco QQQ Trust Series I46090E103
    −1.34 pp3.8% → 2.5%
  3. Invesco Exch Traded FD Tr II46138E339
    −1.25 pp3.9% → 2.6%
  4. Global X FDS37954Y673
    −0.96 pp1.5% → 0.6%
  5. J P Morgan Exchange Traded F46641Q159
    −0.75 pp1.7% → 1.0%

Metrics

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

Portfolio value
$1.01B
−$93.9M (−8.5%) vs. prior quarter
Positions
440
−23 vs. prior quarter
Top 10 concentration
29.1%
Top 10 as share of value
Turnover
11.2%
Q3 2026, one quarter
Average holding period
13.6 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 $1.10B (Q2 2026)

Q1 2021: $375.0MQ2 2021: $379.6MQ3 2021: $386.0MQ4 2021: $428.2MQ1 2022: $284.2MQ2 2022: $369.7MQ3 2022: $358.6MQ4 2022: $374.2MQ1 2023: $401.1MQ2 2023: $460.8MQ3 2023: $478.8MQ4 2023: $532.8MQ1 2024: $532.8MQ2 2024: $602.6MQ3 2024: $684.1MQ4 2024: $674.4MQ1 2025: $703.4MQ2 2025: $811.1MQ3 2025: $888.7MQ4 2025: $920.3MQ1 2026: $948.8MQ2 2026: $1.10BQ3 2026: $1.01B
Q1 2021Q3 2026
13F filings of HBW Advisory Services LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2026Oct 14, 2026440$1.01BFirst Tr Exchange-Traded FDVanguard S&P 500 ETFInvesco Exch Traded FD Tr IIvs. Q2 2026SEC
Q2 2026Jul 16, 2026463$1.10BVanguard S&P 500 ETFInvesco Exch Traded FD Tr IIInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026May 4, 2026444$948.8MVanguard S&P 500 ETFInvesco QQQ Trust Series IInvesco Exch Traded FD Tr IIvs. Q4 2025SEC
Q4 2025Jan 23, 2026424$920.3MVanguard S&P 500 ETFInvesco QQQ Trust Series IInvesco Exch Traded FD Tr IIvs. Q3 2025SEC
Q3 2025Oct 16, 2025416$888.7MVanguard S&P 500 ETFInvesco QQQ Trust Series IInvesco Exch Traded FD Tr IIvs. Q2 2025SEC
Q2 2025Jul 2, 2025398$811.1MVanguard S&P 500 ETFInvesco QQQ Trust Series IJ P Morgan Exchange Traded Fvs. Q1 2025SEC
Q1 2025Apr 9, 2025386$703.4MVanguard S&P 500 ETFJ P Morgan Exchange Traded FInvesco QQQ Trust Series Ivs. Q4 2024SEC
Q4 2024Jan 10, 2025375$674.4MVanguard S&P 500 ETFInvesco QQQ Trust Series IPacer US Cash Cows 100 ETFvs. Q3 2024SEC
Q3 2024Oct 4, 2024362$684.1MVanguard S&P 500 ETFJ P Morgan Exchange Traded FInvesco QQQ Trust Series Ivs. Q2 2024SEC
Q2 2024Jul 5, 2024333$602.6MVanguard S&P 500 ETFUltimus Managers TrJ P Morgan Exchange Traded Fvs. Q1 2024SEC
Q1 2024Apr 19, 2024303$532.8MUltimus Managers TrVanguard S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q4 2023SEC
Q4 2023Jan 16, 2024303$532.8MUltimus Managers TrVanguard S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q3 2023SEC
Q3 2023Oct 12, 2023292$478.8MUltimus Managers TrVanguard S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q2 2023SEC
Q2 2023Jul 6, 2023288$460.8MUltimus Managers TrVanguard S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q1 2023SEC
Q1 2023Apr 7, 2023257$401.1MUltimus Managers TrJ P Morgan Exchange Traded FAAPLvs. Q4 2022SEC
Q4 2022Jan 5, 2023256$374.2MUltimus Managers TrJ P Morgan Exchange Traded FFidelity MSCI Utilities Index ETFvs. Q3 2022SEC
Q3 2022Oct 5, 2022231$358.6MJ P Morgan Exchange Traded FVanguard S&P 500 ETFGoldman Sachs ETF Trvs. Q2 2022SEC
Q2 2022Jul 13, 2022218$369.7MJ P Morgan Exchange Traded FVanguard S&P 500 ETFGoldman Sachs ETF Trvs. Q1 2022SEC
Q1 2022Apr 18, 2022220$284.2MVanguard S&P 500 ETFETF Ser SolutionsVanguard Malvern FDSvs. Q4 2021SEC
Q4 2021Jan 11, 2022258$428.2METF Ser SolutionsVanguard S&P 500 ETFAAPLvs. Q3 2021SEC
Q3 2021Oct 8, 2021243$386.0MVanguard S&P 500 ETFETF Ser SolutionsARK Innovation ETFvs. Q2 2021SEC
Q2 2021Jul 15, 2021246$379.6MVanguard S&P 500 ETFARK Innovation ETFETF Ser Solutionsvs. Q1 2021SEC
Q1 2021Apr 13, 2021240$375.0MVanguard S&P 500 ETFARK Innovation ETFFidelity Comwlth Tr–SEC