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Livermore
Livermore
ZHEN

Sowa Financial Group, Inc.

SEC CIK
0001806226
Latest filing
Jul 28, 2026

The latest 13F from Sowa Financial Group, Inc. covers Q2 2026 (filed Jul 28, 2026): 29 long positions worth $214.5M. The top 10 holdings make up 90.6% of the portfolio, and the largest is Fidelity Covington Trust at 18.3%. 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
1
Est. +$367.0K
Added
11
Est. +$6.17M
Reduced
16
Est. −$7.22M
Sold out
2
Est. −$1.56M

Top 5 holdings

Share of this quarter's portfolio value

  1. Fidelity Covington Trust316092352
    18.3%$39.3M
  2. Putnam ETF Trust746729300
    13.9%$29.9M
  3. AAPLApple Inc.
    12.4%$26.7MHistory
  4. Fidelity Covington Trust31609A107
    12.3%$26.3M
  5. IAUiShares Gold Trust
    10.0%$21.5MHistory

Share of portfolio

Top 5 holdings and the other 24 positions, by share of portfolio value

  1. Fidelity Covington Trust18.3%
  2. Putnam ETF Trust13.9%
  3. AAPL12.4%
  4. Fidelity Covington Trust12.3%
  5. IAU10.0%
  6. Other 24 positions33.0%

Biggest buys

New and added positions, by estimated amount bought

  1. Fidelity Covington Trust316092352
    +$1.91MAdded
  2. NVDANVIDIA Corp
    +$1.65MAddedHistory
  3. Putnam ETF Trust746729300
    +$1.29MAdded
  4. MFS Active Exchange Traded F55286W801
    +$412.2KAdded
  5. PIMCO ETF Tr72201R585
    +$367.0KNew

Largest weight increases

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

  1. Fidelity Covington Trust316092352
    +3.37 pp14.9% → 18.3%
  2. Fidelity Covington Trust31609A107
    +1.06 pp11.2% → 12.3%
  3. Putnam ETF Trust746729300
    +1.03 pp12.9% → 13.9%
  4. NVDANVIDIA Corp
    +0.99 pp2.8% → 3.8%History
  5. Victory Portfolios II92647X830
    +0.71 pp6.3% → 7.0%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Harbor ETF Trust41151J505
    −$3.02MReduced
  2. iShares Tr464288414
    −$1.06MSold out
  3. AAPLApple Inc.
    −$1.04MReducedHistory
  4. IAUiShares Gold Trust
    −$886.3KReducedHistory
  5. iShares Tr464288687
    −$732.5KReduced

Largest weight decreases

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

  1. IAUiShares Gold Trust
    −2.93 pp13.0% → 10.0%History
  2. Harbor ETF Trust41151J505
    −2.72 pp12.0% → 9.3%
  3. iShares Tr464288414
    −0.53 pp0.5% → 0.0%
  4. iShares Tr464288687
    −0.38 pp0.7% → 0.4%
  5. iShares Core High Dividend ETF46429B663
    −0.26 pp1.4% → 1.1%

Metrics

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

Portfolio value
$214.5M
+$12.7M (+6.3%) vs. prior quarter
Positions
29
−1 vs. prior quarter
Top 10 concentration
90.6%
Top 10 as share of value
Turnover
3.1%
Q2 2026, one quarter
Average holding period
12.4 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 $214.5M (Q2 2026)

Q1 2021: $141.9MQ2 2021: $134.9MQ3 2021: $154.1MQ4 2021: $170.8MQ1 2022: $166.8MQ2 2022: $131.2MQ3 2022: $126.6MQ4 2022: $133.9MQ1 2023: $139.7MQ2 2023: $145.9MQ3 2023: $133.2MQ4 2023: $122.6MQ1 2024: $122.6MQ2 2024: $132.1MQ3 2024: $158.2MQ4 2024: $159.7MQ1 2025: $152.3MQ2 2025: $160.2MQ3 2025: $178.3MQ4 2025: $192.0MQ1 2026: $201.8MQ2 2026: $214.5M
Q1 2021Q2 2026
13F filings of Sowa Financial Group, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 28, 202629$214.5MFidelity Covington TrustPutnam ETF TrustAAPLvs. Q1 2026SEC
Q1 2026Apr 15, 202630$201.8MFidelity Covington TrustIAUPutnam ETF Trustvs. Q4 2025SEC
Q4 2025Feb 3, 202630$192.0MFidelity Covington TrustIAUAAPLvs. Q3 2025SEC
Q3 2025Oct 9, 202526$178.3MFidelity Covington TrustIAUAAPLvs. Q2 2025SEC
Q2 2025Jul 29, 202527$160.2MFidelity Covington TrustIAUAAPLvs. Q1 2025SEC
Q1 2025Apr 16, 202529$152.3MIAUAAPLFidelity Covington Trustvs. Q4 2024SEC
Q4 2024Jan 16, 202530$159.7MAAPLIAUFidelity Covington Trustvs. Q3 2024SEC
Q3 2024Oct 10, 202431$158.2MAAPLIAUFidelity Covington Trustvs. Q2 2024SEC
Q2 2024Jul 29, 202430$132.1MAAPLIAUFidelity Covington Trustvs. Q1 2024SEC
Q1 2024Apr 18, 202430$122.6MAAPLIAUSPYvs. Q4 2023SEC
Q4 2023Jan 24, 202430$122.6MAAPLIAUSPYvs. Q3 2023SEC
Q3 2023Oct 23, 202334$133.2MAAPLIAUSPYvs. Q2 2023SEC
Q2 2023Jul 18, 202334$145.9MAAPLIAUSPYvs. Q1 2023SEC
Q1 2023Apr 24, 202334$139.7MAAPLIAUSPYvs. Q4 2022SEC
Q4 2022Jan 27, 202334$133.9MAAPLIAUSPYvs. Q3 2022SEC
Q3 2022Oct 25, 202236$126.6MAAPLIAUSPYvs. Q2 2022SEC
Q2 2022Aug 9, 202235$131.2MIAUAAPLSPYvs. Q1 2022SEC
Q1 2022Apr 28, 202267$166.8MAAPLIAUSPYvs. Q4 2021SEC
Q4 2021Jan 27, 202271$170.8MAAPLIAUSPYvs. Q3 2021SEC
Q3 2021Oct 7, 202168$154.1MIAUAAPLiShares Trvs. Q2 2021SEC
Q2 2021Jul 6, 202170$134.9MAAPLiShares TrSPYvs. Q1 2021SEC
Q1 2021Apr 7, 202171$141.9MIAUAAPLiShares Tr–SEC