Skip to main content
Livermore
Livermore
ZHEN

Goodwin Investment Advisory

SEC CIK
0001803294
Latest filing
Aug 19, 2026

The latest 13F from Goodwin Investment Advisory covers Q2 2026 (filed Aug 19, 2026): 28 long positions worth $49.7M. The top 10 holdings make up 80.9% of the portfolio, and the largest is Fidelity Merrimack STR Tr at 28.9%. Livermore has 23 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
4
Est. +$2.50M
Added
5
Est. +$2.85M
Reduced
6
Est. −$209.0K
Sold out
5
Est. −$43.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. Fidelity Merrimack STR Tr316188309
    28.9%$14.3M
  2. Fidelity Covington Trust316092782
    14.1%$6.99M
  3. iShares Tr46435G425
    10.1%$5.01M
  4. Vanguard S&P 500 ETF922908363
    7.9%$3.93M
  5. Invesco Exchange Traded FD T46137V233
    4.2%$2.06M

Share of portfolio

Top 5 holdings and the other 23 positions, by share of portfolio value

  1. Fidelity Merrimack STR Tr28.9%
  2. Fidelity Covington Trust14.1%
  3. iShares Tr10.1%
  4. Vanguard S&P 500 ETF7.9%
  5. Invesco Exchange Traded FD T4.2%
  6. Other 23 positions34.9%

Biggest buys

New and added positions, by estimated amount bought

  1. Fidelity Merrimack STR Tr316188309
    +$1.38MAdded
  2. MIAXMiami International Holdings, Inc.
    +$1.04MNewHistory
  3. AVGOBroadcom Inc.
    +$929.3KNewHistory
  4. Fidelity Covington Trust316092782
    +$792.0KAdded
  5. Vanguard S&P 500 ETF922908363
    +$419.0KAdded

Largest weight increases

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

  1. Fidelity Merrimack STR Tr316188309
    +13.39 pp15.5% → 28.9%
  2. Fidelity Covington Trust316092782
    +7.51 pp6.6% → 14.1%
  3. Vanguard S&P 500 ETF922908363
    +4.28 pp3.6% → 7.9%
  4. MIAXMiami International Holdings, Inc.
    +2.10 pp0.0% → 2.1%History
  5. AVGOBroadcom Inc.
    +1.87 pp0.0% → 1.9%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Fidelity Covington Trust316092352
    −$41.9MSold out
  2. Pgim ETF Tr69344A800
    −$664.3KSold out
  3. Fidelity Covington Trust316092337
    −$493.7KSold out
  4. J P Morgan Exchange Traded F46641Q647
    −$295.5KSold out
  5. KRKroger Co
    −$216.9KSold outHistory

Largest weight decreases

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

  1. Fidelity Covington Trust316092352
    −49.93 pp49.9% → 0.0%
  2. Pgim ETF Tr69344A800
    −0.79 pp0.8% → 0.0%
  3. Fidelity Covington Trust316092337
    −0.59 pp0.6% → 0.0%
  4. J P Morgan Exchange Traded F46641Q647
    −0.35 pp0.4% → 0.0%
  5. KRKroger Co
    −0.26 pp0.3% → 0.0%History

Metrics

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

Portfolio value
$49.7M
−$34.3M (−40.9%) vs. prior quarter
Positions
28
−1 vs. prior quarter
Top 10 concentration
80.9%
Top 10 as share of value
Turnover
8.0%
Q2 2026, one quarter
Average holding period
15.1 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 $231.0M (Q3 2024)

Q1 2021: $85.0MQ2 2021: $91.8MQ3 2021: $102.9MQ4 2021: $133.6MQ1 2022: $145.9MQ2 2022: $129.8MQ3 2022: $132.1MQ4 2022: $140.9MQ1 2023: $153.3MQ2 2023: $171.3MQ3 2023: $169.0MQ4 2023: $192.3MQ1 2024: $212.1MQ2 2024: $217.9MQ3 2024: $231.0MQ4 2024: $191.0MQ1 2025: $64.4MQ2 2025: $86.6MQ3 2025: $93.3MQ4 2025: $91.1MQ1 2026: $84.0MQ2 2026: $49.7M
Q1 2021Q2 2026
13F filings of Goodwin Investment Advisory by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 19, 202628$49.7MFidelity Merrimack STR TrFidelity Covington TrustiShares Trvs. Q1 2026SEC
Q1 2026May 13, 202629$84.0MFidelity Covington TrustFidelity Merrimack STR TrFidelity Covington Trustvs. Q4 2025SEC
Q4 2025Feb 9, 202626$91.1MFidelity Covington TrustFidelity Merrimack STR TrFidelity Covington Trustvs. Q3 2025SEC
Q3 2025Nov 5, 202528$93.3MFidelity Covington TrustFidelity Merrimack STR TrFidelity Covington Trustvs. Q2 2025SEC
Q2 2025Aug 14, 202528$86.6MFidelity Covington TrustFidelity Merrimack STR TrFidelity Covington Trustvs. Q1 2025SEC
Q1 2025May 6, 202528$64.4MFidelity Covington TrustFidelity Merrimack STR TriShares Trvs. Q4 2024SEC
Q4 2024Feb 5, 202539$191.0MFidelity Covington TrustFidelity Merrimack STR TrFidelity Covington Trustvs. Q3 2024SEC
Q3 2024Nov 12, 202435$231.0MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q2 2024SEC
Q2 2024Aug 1, 202434$217.9MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q1 2024SEC
Q1 2024May 13, 2024Amended47$212.1MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q4 2023SEC
Q4 2023Jan 31, 202469$192.3MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q3 2023SEC
Q3 2023Nov 7, 202381$169.0MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q2 2023SEC
Q2 2023Aug 10, 202383$171.3MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q1 2023SEC
Q1 2023May 15, 202379$153.3MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q4 2022SEC
Q4 2022Feb 14, 2023218$140.9MFidelity Covington TrustFidelity Covington TrustFidelity Merrimack STR Trvs. Q3 2022SEC
Q3 2022Nov 14, 2022223$132.1MiShares TrVanguard S&P 500 ETFiShares Trvs. Q2 2022SEC
Q2 2022Aug 16, 2022167$129.8MiShares TrVanguard S&P 500 ETFiShares Trvs. Q1 2022SEC
Q1 2022May 16, 2022210$145.9MVanguard S&P 500 ETFiShares TriShares Trvs. Q4 2021SEC
Q4 2021Feb 11, 2022178$133.6MiShares TrVanguard S&P 500 ETFiShares Trvs. Q3 2021SEC
Q3 2021Nov 1, 2021147$102.9MiShares TrVanguard S&P 500 ETFiShares Trvs. Q2 2021SEC
Q2 2021Jul 28, 2021126$91.8MiShares TrVanguard S&P 500 ETFiShares Trvs. Q1 2021SEC
Q1 2021May 5, 2021139$85.0MiShares TrVanguard S&P 500 ETFiShares Tr–SEC