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Livermore
Livermore
ZHEN

First Pacific Financial

SEC CIK
0001810089
Latest filing
Jul 20, 2026

The latest 13F from First Pacific Financial covers Q2 2026 (filed Jul 20, 2026): 510 long positions worth $839.3M. The top 10 holdings make up 59.3% of the portfolio, and the largest is J P Morgan Exchange Traded F at 11.6%. 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
56
Est. +$2.77M
Added
149
Est. +$27.6M
Reduced
239
Est. −$41.3M
Sold out
209
Est. −$1.02M

Top 5 holdings

Share of this quarter's portfolio value

  1. J P Morgan Exchange Traded F46641Q670
    11.6%$97.3M
  2. TCW ETF Trust29287L700
    11.0%$92.4M
  3. Dimensional ETF Trust25434V617
    9.2%$77.4M
  4. Vanguard Morningstar Growth ETF922908736
    5.8%$48.8M
  5. iShares MSCI Eafe ETF464287465
    5.1%$42.8M

Biggest buys

New and added positions, by estimated amount bought

  1. Dimensional ETF Trust25434V617
    +$5.73MAdded
  2. J P Morgan Exchange Traded F46641Q670
    +$3.14MAdded
  3. MSFTMicrosoft Corp
    +$2.81MAddedHistory
  4. TCW ETF Trust29287L700
    +$2.79MAdded
  5. Vanguard Information Technology ETF92204A702
    +$1.58MNew

Largest weight increases

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

  1. Dimensional ETF Trust25434V617
    +1.00 pp8.2% → 9.2%
  2. Schwab Fundamental U.S. Small Company ETF808524763
    +0.34 pp3.7% → 4.0%
  3. State Street SPDR S&P Emerging Asia Pacific ETF78463X301
    +0.30 pp3.1% → 3.4%
  4. MSFTMicrosoft Corp
    +0.27 pp1.0% → 1.3%History
  5. ETF Calvert US Mid-Cap Core61774R403
    +0.26 pp2.1% → 2.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Nushares ETF Tr67092P870
    −$27.5MReduced
  2. Matthews Intl FDS577130628
    −$2.62MReduced
  3. GSGoldman Sachs Group Inc
    −$1.49MReducedHistory
  4. NVDANVIDIA Corp
    −$521.2KReducedHistory
  5. ABBVAbbVie Inc.
    −$322.9KReducedHistory

Largest weight decreases

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

  1. Nushares ETF Tr67092P870
    −3.55 pp3.6% → <0.1%
  2. CVXChevron Corp
    −0.16 pp0.6% → 0.4%History
  3. GSGoldman Sachs Group Inc
    −0.16 pp0.2% → <0.1%History
  4. TTETotalEnergies SE
    −0.11 pp0.5% → 0.3%History
  5. MDTMedtronic plc
    −0.10 pp0.5% → 0.4%History

Metrics

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

Portfolio value
$839.3M
+$62.7M (+8.1%) vs. prior quarter
Positions
510
−153 vs. prior quarter
Top 10 concentration
59.3%
Top 10 as share of value
Turnover
3.8%
Q2 2026, one quarter
Average holding period
12.1 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 $839.3M (Q2 2026)

Q1 2021: $160.3MQ2 2021: $181.2MQ3 2021: $188.7MQ4 2021: $207.5MQ1 2022: $194.5MQ2 2022: $212.9MQ3 2022: $174.0MQ4 2022: $202.7MQ1 2023: $216.0MQ2 2023: $235.6MQ3 2023: $224.3MQ4 2023: $327.4MQ1 2024: $358.0MQ2 2024: $389.3MQ3 2024: $427.4MQ4 2024: $429.8MQ1 2025: $492.8MQ2 2025: $678.4MQ3 2025: $719.8MQ4 2025: $765.8MQ1 2026: $776.5MQ2 2026: $839.3M
Q1 2021Q2 2026
13F filings of First Pacific Financial by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 20, 2026510$839.3MJ P Morgan Exchange Traded FTCW ETF TrustDimensional ETF Trustvs. Q1 2026SEC
Q1 2026Apr 23, 2026663$776.5MJ P Morgan Exchange Traded FTCW ETF TrustDimensional ETF Trustvs. Q4 2025SEC
Q4 2025Jan 16, 2026487$765.8MJ P Morgan Exchange Traded FTCW ETF TrustDimensional ETF Trustvs. Q3 2025SEC
Q3 2025Oct 21, 2025532$719.8MJ P Morgan Exchange Traded FTCW ETF TrustDimensional ETF Trustvs. Q2 2025SEC
Q2 2025Jul 18, 2025474$678.4MJ P Morgan Exchange Traded FTCW ETF TrustVanguard Morningstar Growth ETFvs. Q1 2025SEC
Q1 2025Apr 23, 2025526$492.8MJ P Morgan Exchange Traded FVanguard Morningstar Growth ETFDimensional ETF Trustvs. Q4 2024SEC
Q4 2024Jan 15, 2025400$429.8MVanguard Morningstar Growth ETFiShares S&P 100 ETFDimensional ETF Trustvs. Q3 2024SEC
Q3 2024Oct 15, 2024385$427.4MVanguard Morningstar Growth ETFiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFvs. Q2 2024SEC
Q2 2024Jul 19, 2024383$389.3MVanguard Morningstar Growth ETFiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFvs. Q1 2024SEC
Q1 2024Apr 24, 2024423$358.0MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFMatthews Intl FDSvs. Q4 2023SEC
Q4 2023Jan 18, 2024382$327.4MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q3 2023SEC
Q3 2023Oct 23, 2023247$224.3MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q2 2023SEC
Q2 2023Aug 8, 2023230$235.6MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q1 2023SEC
Q1 2023Apr 21, 2023106$216.0MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q4 2022SEC
Q4 2022Jan 27, 2023107$202.7MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q3 2022SEC
Q3 2022Oct 24, 2022103$174.0MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q2 2022SEC
Q2 2022Jul 20, 2022104$212.9MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q1 2022SEC
Q1 2022Apr 25, 202294$194.5MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q4 2021SEC
Q4 2021Jan 21, 202298$207.5MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q3 2021SEC
Q3 2021Oct 19, 202194$188.7MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q2 2021SEC
Q2 2021Jul 23, 202192$181.2MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETFvs. Q1 2021SEC
Q1 2021May 3, 202191$160.3MiShares S&P 100 ETFState Street SPDR S&P 400 Mid Cap Value ETFSchwab Fundamental U.S. Small Company ETF–SEC