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Livermore
Livermore
ZHEN

Birch Capital Management, LLC

SEC CIK
0001799859
Latest filing
Jul 27, 2026

The latest 13F from Birch Capital Management, LLC covers Q2 2026 (filed Jul 27, 2026): 79 long positions worth $204.7M. The top 10 holdings make up 52.3% of the portfolio, and the largest is W.W. Grainger, Inc. (GWW) at 9.4%. Livermore has 25 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
5
Est. +$3.79M
Added
16
Est. +$7.54M
Reduced
30
Est. −$7.54M
Sold out
4
Est. −$238.5K

Top 5 holdings

Share of this quarter's portfolio value

  1. GWWW.W. Grainger, Inc.
    9.4%$19.3MHistory
  2. AAPLApple Inc.
    8.8%$17.9MHistory
  3. MSFTMicrosoft Corp
    5.8%$11.9MHistory
  4. GOOGAlphabet Inc.
    5.1%$10.5MHistory
  5. AMGNAmgen Inc
    4.5%$9.26MHistory

Share of portfolio

Top 5 holdings and the other 74 positions, by share of portfolio value

  1. GWW9.4%
  2. AAPL8.8%
  3. MSFT5.8%
  4. GOOG5.1%
  5. AMGN4.5%
  6. Other 74 positions66.4%

Biggest buys

New and added positions, by estimated amount bought

  1. ALLEAllegion plc
    +$2.20MNewHistory
  2. FDSFactset Research Systems Inc
    +$1.82MAddedHistory
  3. FDXFFedEx Freight Holding Company, Inc.
    +$1.44MNewHistory
  4. ACNAccenture plc
    +$1.23MAddedHistory
  5. UPSUnited Parcel Service Inc
    +$1.09MAddedHistory

Largest weight increases

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

  1. ALLEAllegion plc
    +1.08 pp0.0% → 1.1%History
  2. FDSFactset Research Systems Inc
    +0.87 pp1.8% → 2.7%History
  3. NVONovo Nordisk A S
    +0.80 pp3.1% → 3.9%History
  4. FDXFFedEx Freight Holding Company, Inc.
    +0.70 pp0.0% → 0.7%History
  5. UPSUnited Parcel Service Inc
    +0.58 pp2.7% → 3.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. FDXFedEx Corp
    −$1.50MReducedHistory
  2. CPAYCorpay, Inc.
    −$763.2KReducedHistory
  3. GGenpact LTD
    −$653.6KReducedHistory
  4. UNHUnitedHealth Group Inc
    −$549.5KReducedHistory
  5. AAPLApple Inc.
    −$538.8KReducedHistory

Largest weight decreases

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

  1. FDXFedEx Corp
    −1.66 pp5.1% → 3.5%History
  2. GGenpact LTD
    −1.00 pp2.2% → 1.2%History
  3. RMDResmed Inc
    −0.64 pp3.2% → 2.5%History
  4. CORCencora, Inc.
    −0.55 pp3.4% → 2.9%History
  5. CTSHCognizant Technology Solutions Corp
    −0.54 pp1.2% → 0.7%History

Metrics

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

Portfolio value
$204.7M
+$13.8M (+7.3%) vs. prior quarter
Positions
79
+1 vs. prior quarter
Top 10 concentration
52.3%
Top 10 as share of value
Turnover
3.9%
Q2 2026, one quarter
Average holding period
20.4 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 $204.7M (Q2 2026)

Q1 2021: $135.9MQ2 2021: $147.4MQ3 2021: $147.3MQ4 2021: $166.8MQ1 2022: $162.6MQ2 2022: $140.1MQ3 2022: $132.5MQ4 2022: $145.3MQ1 2023: $155.3MQ2 2023: $164.6MQ3 2023: $158.0MQ4 2023: $174.2MQ1 2024: $192.5MQ2 2024: $192.4MQ3 2024: $204.7MQ4 2024: $198.7MQ1 2025: $192.3MQ2 2025: $195.3MQ3 2025: $196.0MQ4 2025: $200.5MQ1 2026: $190.8MQ2 2026: $204.7M
Q1 2021Q2 2026
13F filings of Birch Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 27, 202679$204.7MGWWAAPLMSFTvs. Q1 2026SEC
Q1 2026Apr 15, 202678$190.8MAAPLGWWMSFTvs. Q4 2025SEC
Q4 2025Feb 3, 202677$200.5MAAPLMSFTGWWvs. Q3 2025SEC
Q3 2025Oct 27, 202576$196.0MAAPLMSFTGWWvs. Q2 2025SEC
Q2 2025Jul 24, 202580$195.3MMSFTGWWAAPLvs. Q1 2025SEC
Q1 2025Apr 16, 202582$192.3MAAPLGWWMSFTvs. Q4 2024SEC
Q4 2024Jan 7, 202584$198.7MAAPLGWWMSFTvs. Q3 2024SEC
Q3 2024Oct 15, 202485$204.7MAAPLNVOGWWvs. Q2 2024SEC
Q2 2024Jul 8, 202486$192.4MNVOAAPLMSFTvs. Q1 2024SEC
Q1 2024Apr 11, 202489$192.5MNVOGWWMSFTvs. Q4 2023SEC
Q4 2023Jan 24, 202492$174.2MNVOAAPLGWWvs. Q3 2023SEC
Q3 2023Oct 12, 202398$158.0MNVOAAPLGWWvs. Q2 2023SEC
Q2 2023Jul 12, 2023102$164.6MAAPLNVOGWWvs. Q1 2023SEC
Q1 2023Apr 10, 202399$155.3MAAPLNVOGWWvs. Q4 2022SEC
Q4 2022Feb 6, 2023106$145.3MNVOAAPLGWWvs. Q3 2022SEC
Q3 2022Mar 30, 2023Amended107$132.5MAAPLNVOGWWvs. Q2 2022SECSEC
Q2 2022Mar 30, 2023Amended102$140.1MAAPLNVOMSFTvs. Q1 2022SEC
Q1 2022Apr 5, 202285$162.6MAAPLMSFTNVOvs. Q4 2021SEC
Q4 2021Jan 6, 202284$166.8MAAPLMSFTNVOvs. Q3 2021SEC
Q3 2021Oct 5, 202182$147.3MAAPLMSFTNVOvs. Q2 2021SEC
Q2 2021Jul 28, 202181$147.4MAAPLMSFTGWWvs. Q1 2021SEC
Q1 2021Apr 5, 202182$135.9MAAPLGWWMSFT–SEC