Financial Advisory Corp
- SEC CIK
- 0001813369
- Latest filing
- Jul 9, 2026
The latest 13F from Financial Advisory Corp covers Q2 2026 (filed Jul 9, 2026): 58 long positions worth $754.2M. The top 10 holdings make up 82.2% of the portfolio, and the largest is iShares Core S&P 500 ETF at 17.7%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 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.
- New
- 8
- Est. +$1.78M
- Added
- 30
- Est. +$11.7M
- Reduced
- 19
- Est. −$36.4M
- Sold out
- 1
- Est. −$212.0K
Top 5 holdings
Share of this quarter's portfolio value
- iShares Core S&P 500 ETF46428720017.7%$133.4M
- iShares Russell Mid-Cap Growth ETF46428748114.4%$108.9M
- iShares Tr46434V86010.7%$80.5M
- Vanguard Morningstar Small-Cap Value ETF9229086118.3%$62.8M
- Vanguard Ftse Developed Markets ETF9219438586.5%$49.1M
Share of portfolio
Top 5 holdings and the other 53 positions, by share of portfolio value
- iShares Core S&P 500 ETF17.7%
- iShares Russell Mid-Cap Growth ETF14.4%
- iShares Tr10.7%
- Vanguard Morningstar Small-Cap Value ETF8.3%
- Vanguard Ftse Developed Markets ETF6.5%
- Other 53 positions42.4%
Biggest buys
New and added positions, by estimated amount bought
- iShares Tr46434V860+$4.84MAdded
- iShares Tr46436E841+$2.82MAdded
- iShares Tr46436E833+$2.49MAdded
- iShares Tr46436E825+$582.1KAdded
- iShares Tr464287739+$268.4KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr46436E841+0.19 pp3.8% → 4.0%
- iShares Tr46434V860+0.16 pp10.5% → 10.7%
- iShares Tr46436E833+0.13 pp3.8% → 4.0%
- iShares Tr464287739+0.10 pp2.0% → 2.1%
- iShares Russell 1000 Value ETF464287598+0.04 pp0.0% → <0.1%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Morningstar Value ETF922908744−$8.46MReduced
- Vanguard Morningstar Small-Cap Value ETF922908611−$6.36MReduced
- iShares Russell Mid-Cap Growth ETF464287481−$5.72MReduced
- Vanguard Ftse Developed Markets ETF921943858−$5.08MReduced
- iShares Core S&P 500 ETF464287200−$4.28MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Morningstar Value ETF922908744−0.76 pp6.0% → 5.2%
- iShares Tr464288273−0.34 pp6.3% → 6.0%
- iShares Tr46436E858−0.27 pp5.1% → 4.8%
- Vanguard Morningstar Small-Cap Value ETF922908611−0.26 pp8.6% → 8.3%
- Vanguard Ftse Developed Markets ETF921943858−0.26 pp6.8% → 6.5%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $754.2M
- +$34.4M (+4.8%) vs. prior quarter
- Positions
- 58
- +7 vs. prior quarter
- Top 10 concentration
- 82.2%
- Top 10 as share of value
- Turnover
- 1.8%
- Q2 2026, one quarter
- Average holding period
- 6.7 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 (Q4 2024), so positions held before then are understated.
13F filings by quarter
7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $754.2M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 9, 2026 | 58 | $754.2M | iShares Core S&P 500 ETFiShares Russell Mid-Cap Growth ETFiShares Tr | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 13, 2026 | 51 | $719.8M | iShares Core S&P 500 ETFiShares Russell Mid-Cap Growth ETFiShares Tr | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 27, 2026 | 51 | $687.6M | iShares Core S&P 500 ETFiShares Russell Mid-Cap Growth ETFiShares Tr | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 8, 2025 | 52 | $679.2M | iShares Core S&P 500 ETFiShares Russell Mid-Cap Growth ETFiShares Tr | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 11, 2025 | 55 | $651.9M | iShares Core S&P 500 ETFiShares Russell Mid-Cap Growth ETFiShares Tr | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 14, 2025 | 47 | $604.1M | iShares Core S&P 500 ETFiShares Russell Mid-Cap Growth ETFiShares Tr | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 26, 2025 | 40 | $573.1M | iShares Core S&P 500 ETFiShares Russell Mid-Cap Growth ETFiShares Tr | – | SEC |