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Livermore
Livermore
ZHEN

Cannon Advisors, Inc.

SEC CIK
0001805370
Latest filing
Jul 15, 2026

The latest 13F from Cannon Advisors, Inc. covers Q2 2026 (filed Jul 15, 2026): 93 long positions worth $164.4M. The top 10 holdings make up 41.7% of the portfolio, and the largest is Invesco QQQ Trust Series I at 6.5%. Livermore has 8 filings on Form 13F from this institution, going back to Q3 2024.

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
33
Est. +$56.1M
Added
19
Est. +$15.7M
Reduced
34
Est. −$42.1M
Sold out
27
Est. −$19.4M

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    6.5%$10.6M
  2. SPYSPDR S&P 500 ETF Trust
    5.4%$8.90MHistory
  3. SPDR Series Trust78468R200
    4.4%$7.23M
  4. iShares Russell 2000 ETF464287655
    3.9%$6.37M
  5. State Street Financial Select Sector SPDR ETF81369Y605
    3.9%$6.35M

Biggest buys

New and added positions, by estimated amount bought

  1. State Street Financial Select Sector SPDR ETF81369Y605
    +$6.35MNew
  2. State Street Health Care Select Sector SPDR ETF81369Y209
    +$6.23MNew
  3. iShares U.S. Medical Devices ETF464288810
    +$5.62MNew
  4. State Street Consumer Discretionary Select Sector SPDR ETF81369Y407
    +$5.00MNew
  5. Vanguard Ftse All-World Ex-US Index Fund922042775
    +$4.04MAdded

Largest weight increases

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

  1. State Street Financial Select Sector SPDR ETF81369Y605
    +3.87 pp0.0% → 3.9%
  2. State Street Health Care Select Sector SPDR ETF81369Y209
    +3.79 pp0.0% → 3.8%
  3. iShares U.S. Medical Devices ETF464288810
    +3.42 pp0.0% → 3.4%
  4. State Street Consumer Discretionary Select Sector SPDR ETF81369Y407
    +3.04 pp0.0% → 3.0%
  5. Vanguard Ftse All-World Ex-US Index Fund922042775
    +2.33 pp1.4% → 3.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. GOOGLAlphabet Inc.
    −$3.96MReducedHistory
  2. CATCaterpillar Inc
    −$3.93MReducedHistory
  3. Invesco Exchange Traded FD T46137V357
    −$3.50MReduced
  4. AAPLApple Inc.
    −$3.46MReducedHistory
  5. CMICummins Inc
    −$3.23MReducedHistory

Largest weight decreases

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

  1. Invesco Exchange Traded FD T46137V357
    −2.42 pp3.3% → 0.9%
  2. GOOGLAlphabet Inc.
    −2.27 pp5.3% → 3.0%History
  3. NETCloudflare, Inc.
    −2.25 pp2.3% → 0.0%History
  4. CATCaterpillar Inc
    −2.06 pp4.0% → 2.0%History
  5. AAPLApple Inc.
    −2.03 pp4.4% → 2.4%History

Metrics

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

Portfolio value
$164.4M
+$29.5M (+21.9%) vs. prior quarter
Positions
93
+6 vs. prior quarter
Top 10 concentration
41.7%
Top 10 as share of value
Turnover
41.1%
Q2 2026, one quarter
Average holding period
5.2 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 (Q3 2024), so positions held before then are understated.

13F filings by quarter

8 quarters, going back to Q3 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $164.4M (Q2 2026)

Q3 2024: $122.3MQ4 2024: $117.7MQ1 2025: $108.6MQ2 2025: $124.2MQ3 2025: $148.6MQ4 2025: $141.8MQ1 2026: $134.9MQ2 2026: $164.4M
Q3 2024Q2 2026
13F filings of Cannon Advisors, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 15, 202693$164.4MInvesco QQQ Trust Series ISPYSPDR Series Trustvs. Q1 2026SEC
Q1 2026Apr 24, 202687$134.9MSPYInvesco QQQ Trust Series IGOOGLvs. Q4 2025SEC
Q4 2025Jan 15, 202683$141.8MSPYInvesco QQQ Trust Series IGOOGLvs. Q3 2025SEC
Q3 2025Oct 24, 202583$148.6MInvesco QQQ Trust Series ISPYSPDR Series Trustvs. Q2 2025SEC
Q2 2025Aug 11, 202569$124.2MInvesco QQQ Trust Series ISPYSPDR Series Trustvs. Q1 2025SEC
Q1 2025Apr 28, 202560$108.6MInvesco QQQ Trust Series ISPYSPDR Series Trustvs. Q4 2024SEC
Q4 2024Feb 12, 202560$117.7MInvesco QQQ Trust Series ISPYNVDAvs. Q3 2024SEC
Q3 2024Nov 12, 202471$122.3MInvesco QQQ Trust Series ISPYNVDA–SEC