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Livermore
Livermore
ZHEN

BCS Wealth Management

SEC CIK
0001798172
Latest filing
Jul 16, 2026

The latest 13F from BCS Wealth Management covers Q2 2026 (filed Jul 16, 2026): 270 long positions worth $555.1M. The top 10 holdings make up 32.8% of the portfolio, and the largest is Vanguard S&P 500 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
24
Est. +$8.54M
Added
104
Est. +$21.6M
Reduced
101
Est. −$5.16M
Sold out
2
Est. −$492.6K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    10.4%$57.5M
  2. Schwab U.S. Large-Cap ETF808524201
    3.6%$20.0M
  3. Schwab International Equity ETF808524805
    3.2%$18.0M
  4. iShares Core U.S. Aggregate Bond ETF464287226
    2.5%$14.1M
  5. PGProcter & Gamble Co
    2.5%$14.0MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard S&P 500 ETF922908363
    +$1.82MAdded
  2. Schwab Fundamental International Equity ETF808524755
    +$1.66MAdded
  3. iShares Core U.S. Aggregate Bond ETF464287226
    +$1.02MAdded
  4. iShares Core S&P Small Cap ETF464287804
    +$925.3KAdded
  5. Vanguard Scottsdale FDS92206C409
    +$849.4KAdded

Largest weight increases

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

  1. Vanguard S&P 500 ETF922908363
    +0.47 pp9.9% → 10.4%
  2. Schwab Fundamental International Equity ETF808524755
    +0.25 pp1.0% → 1.3%
  3. iShares Core S&P Small Cap ETF464287804
    +0.17 pp0.1% → 0.2%
  4. State Street Technology Select Sector SPDR ETF81369Y803
    +0.13 pp0.1% → 0.2%
  5. Neos ETF Trust78433H675
    +0.12 pp0.0% → 0.1%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Schwab International Equity ETF808524805
    −$439.9KReduced
  2. Innovator ETFs Trust45782C813
    −$312.5KReduced
  3. Innovator ETFs Trust45782C417
    −$264.0KReduced
  4. OXYOccidental Petroleum Corp
    −$251.0KSold outHistory
  5. iShares Tr464288877
    −$241.6KSold out

Largest weight decreases

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

  1. Invesco Exch TRD SLF Idx FD46138J791
    −0.26 pp2.1% → 1.9%
  2. Schwab US Dividend Equity ETF808524797
    −0.16 pp1.4% → 1.2%
  3. PIMCO ETF Tr72201R866
    −0.13 pp1.0% → 0.9%
  4. Schwab International Equity ETF808524805
    −0.12 pp3.4% → 3.2%
  5. XOMExxonMobil Holdings Corp
    −0.11 pp0.3% → 0.2%History

Metrics

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

Portfolio value
$555.1M
+$65.2M (+13.3%) vs. prior quarter
Positions
270
+22 vs. prior quarter
Top 10 concentration
32.8%
Top 10 as share of value
Turnover
1.1%
Q2 2026, one quarter
Average holding period
10.8 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 $990.2M (Q4 2025)

Q1 2021: $210.7MQ2 2021: $188.1MQ3 2021: $235.7MQ4 2021: $278.7MQ1 2022: $241.4MQ2 2022: $225.1MQ3 2022: $212.5MQ4 2022: $238.9MQ1 2023: $221.3MQ2 2023: $136.9MQ3 2023: $240.3MQ4 2023: $271.6MQ1 2024: $311.7MQ2 2024: $205.5MQ3 2024: $235.1MQ4 2024: $402.1MQ1 2025: $388.9MQ2 2025: $464.6MQ3 2025: $443.8MQ4 2025: $990.2MQ1 2026: $489.9MQ2 2026: $555.1M
Q1 2021Q2 2026
13F filings of BCS Wealth Management by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 16, 2026270$555.1MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q1 2026SEC
Q1 2026Apr 17, 2026248$489.9MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q4 2025SEC
Q4 2025Jan 26, 2026352$990.2MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q3 2025SEC
Q3 2025Oct 22, 2025246$443.8MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab International Equity ETFvs. Q2 2025SEC
Q2 2025Jul 15, 2025263$464.6MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFPGvs. Q1 2025SEC
Q1 2025Apr 14, 2025243$388.9MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFInvesco Exch TRD SLF Idx FDvs. Q4 2024SEC
Q4 2024Jan 13, 2025256$402.1MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFInvesco Exch TRD SLF Idx FDvs. Q3 2024SEC
Q3 2024Oct 17, 2024167$235.1MInvesco Exch TRD SLF Idx FDInvesco Exch TRD SLF Idx FDInvesco Exch TRD SLF Idx FDvs. Q2 2024SEC
Q2 2024Jul 16, 2024155$205.5MInvesco Exch TRD SLF Idx FDInvesco Exch TRD SLF Idx FDInvesco Exch TRD SLF Idx FDvs. Q1 2024SEC
Q1 2024Apr 10, 2024235$311.7MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFInvesco Exch TRD SLF Idx FDvs. Q4 2023SEC
Q4 2023Jan 11, 2024220$271.6MSchwab U.S. Large-Cap ETFVanguard S&P 500 ETFInvesco Exch TRD SLF Idx FDvs. Q3 2023SEC
Q3 2023Oct 12, 2023198$240.3MSchwab U.S. Large-Cap ETFVanguard S&P 500 ETFInvesco Exch TRD SLF Idx FDvs. Q2 2023SEC
Q2 2023Jul 19, 2023113$136.9MInvesco Exch TRD SLF Idx FDInvesco Exch TRD SLF Idx FDInvesco Exch TRD SLF Idx FDvs. Q1 2023SEC
Q1 2023Apr 10, 2023159$221.3MSchwab U.S. Large-Cap ETFPGVanguard S&P 500 ETFvs. Q4 2022SEC
Q4 2022Jan 10, 2023191$238.9MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFvs. Q3 2022SEC
Q3 2022Oct 7, 2022178$212.5MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFvs. Q2 2022SEC
Q2 2022Jul 29, 2022175$225.1MVanguard S&P 500 ETFPGSchwab U.S. Large-Cap ETFvs. Q1 2022SEC
Q1 2022Apr 28, 2022188$241.4MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFvs. Q4 2021SEC
Q4 2021Jan 18, 2022198$278.7MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFPGvs. Q3 2021SEC
Q3 2021Oct 25, 2021172$235.7MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFvs. Q2 2021SEC
Q2 2021Jul 21, 2021154$188.1MSchwab U.S. Large-Cap ETFBSCLSchwab US Dividend Equity ETFvs. Q1 2021SEC
Q1 2021Apr 28, 2021156$210.7MVanguard S&P 500 ETFSchwab U.S. Large-Cap ETFBSCL–SEC