Marotta Asset Management
- SEC CIK
- 0001802091
- Latest filing
- Jul 9, 2026
The latest 13F from Marotta Asset Management covers Q2 2026 (filed Jul 9, 2026): 103 long positions worth $600.9M. The top 10 holdings make up 48.7% of the portfolio, and the largest is Vanguard Morningstar Mid-Cap Value ETF at 7.1%. Livermore has 21 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.
- New
- 1
- Est. +$213.3K
- Added
- 37
- Est. +$21.1M
- Reduced
- 46
- Est. −$16.7M
- Sold out
- 1
- Est. −$995.4K
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Mid-Cap Value ETF9229085127.1%$42.8M
- Columbia ETF Tr II19762B2027.0%$41.9M
- Vanguard Morningstar Small-Cap Value ETF9229086116.0%$35.9M
- Vanguard Information Technology ETF92204A7025.8%$34.8M
- Vanguard Malvern FDS9220208055.5%$33.0M
Biggest buys
New and added positions, by estimated amount bought
- SPDR Series Trust78468R812+$3.40MAdded
- Fidelity MSCI Health Care Index ETF316092600+$2.86MAdded
- Vanguard Emerging Markets Ex-China ETF921910683+$2.45MAdded
- Fidelity Covington Trust316092303+$1.35MAdded
- Vanguard Total International Bond ETF92203J407+$1.15MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Fidelity MSCI Information Technology Index ETF316092808+0.72 pp2.6% → 3.4%
- SPDR Series Trust78468R812+0.53 pp2.1% → 2.6%
- Fidelity MSCI Health Care Index ETF316092600+0.45 pp2.2% → 2.6%
- Vanguard Emerging Markets Ex-China ETF921910683+0.42 pp0.2% → 0.7%
- State Street SPDR S&P Biotech ETF78464A870+0.18 pp1.6% → 1.7%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Information Technology ETF92204A702−$3.50MReducedConverted for a 8-for-1 split
- Columbia ETF Tr II19762B202−$2.73MReduced
- Vanguard Consumer Staples ETF92204A207−$1.40MReduced
- Vanguard S&P 500 ETF922908363−$1.12MReduced
- AZNAstraZeneca PLC
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Consumer Staples ETF92204A207−0.48 pp2.8% → 2.3%
- Schwab Strategic Tr808524862−0.28 pp2.5% → 2.2%
- Vanguard Morningstar Mid-Cap Value ETF922908512−0.27 pp7.4% → 7.1%
- iShares Tr46429B515−0.22 pp2.1% → 1.9%
- AZNAstraZeneca PLC
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $600.9M
- +$57.8M (+10.6%) vs. prior quarter
- Positions
- 103
- 0 vs. prior quarter
- Top 10 concentration
- 48.7%
- Top 10 as share of value
- Turnover
- 3.1%
- Q2 2026, one quarter
- Average holding period
- 12.7 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
21 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $600.9M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 9, 2026 | 103 | $600.9M | Vanguard Morningstar Mid-Cap Value ETFColumbia ETF Tr IIVanguard Morningstar Small-Cap Value ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 27, 2026 | 103 | $543.1M | Vanguard Morningstar Mid-Cap Value ETFColumbia ETF Tr IIVanguard Malvern FDS | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 7, 2026 | 102 | $540.2M | Vanguard Morningstar Mid-Cap Value ETFColumbia ETF Tr IIVanguard Malvern FDS | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 16, 2025 | 109 | $531.2M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFColumbia ETF Tr II | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 2, 2025 | 105 | $498.6M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Malvern FDS | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 2, 2025 | 111 | $509.4M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Malvern FDS | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 10, 2025 | 110 | $478.0M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Malvern FDS | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 3, 2024 | 111 | $509.4M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Malvern FDS | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 17, 2024 | 110 | $483.4M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Malvern FDS | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 2, 2024 | 104 | $483.4M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Malvern FDS | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 3, 2024 | 105 | $465.6M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Malvern FDS | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 11, 2023 | 107 | $432.2M | Vanguard Morningstar Mid-Cap Value ETFVanguard Malvern FDSVanguard Information Technology ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 5, 2023 | 112 | $448.4M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Ftse Emerging Markets ETF | – | SEC |
| Q4 2022 | Jan 3, 2023 | 106 | $415.7M | Vanguard Morningstar Mid-Cap Value ETFVanguard Information Technology ETFVanguard Ftse Emerging Markets ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 11, 2022 | 110 | $383.2M | Vanguard Malvern FDSVanguard Morningstar Mid-Cap Value ETFVanguard Ftse Emerging Markets ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 21, 2022 | 111 | $406.1M | Vanguard Morningstar Mid-Cap Value ETFVanguard Malvern FDSVanguard Ftse Emerging Markets ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 8, 2022 | 114 | $429.9M | Vanguard Morningstar Mid-Cap Value ETFVanguard Malvern FDSVanguard Ftse Emerging Markets ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 13, 2022 | 113 | $441.4M | Vanguard Information Technology ETFVanguard Morningstar Mid-Cap Value ETFVanguard Ftse Emerging Markets ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Oct 21, 2021 | 102 | $413.9M | Vanguard Information Technology ETFVanguard Morningstar Mid-Cap Value ETFVanguard Ftse Emerging Markets ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 9, 2021 | 101 | $416.8M | Vanguard Information Technology ETFVanguard Ftse Emerging Markets ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q1 2021 | SEC |
| Q1 2021 | Apr 9, 2021 | 94 | $391.0M | Vanguard Emerging Markets Government Bond ETFSchwab US Aggregate Bond ETFVanguard Morningstar Mid-Cap Value ETF | – | SEC |