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Livermore
Livermore
ZHEN

Absolute Capital Management, LLC

SEC CIK
0001817648
Latest filing
Jul 24, 2026

The latest 13F from Absolute Capital Management, LLC covers Q2 2026 (filed Jul 24, 2026): 162 long positions worth $400.8M. The top 10 holdings make up 30.1% of the portfolio, and the largest is iShares Core S&P 500 ETF at 5.1%. Livermore has 19 filings on Form 13F from this institution, going back to Q4 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
28
Est. +$36.2M
Added
76
Est. +$34.8M
Reduced
45
Est. −$18.0M
Sold out
12
Est. −$11.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    5.1%$20.6M
  2. iShares Semiconductor ETF464287523
    4.5%$17.8M
  3. Invesco QQQ Trust Series I46090E103
    3.8%$15.2M
  4. iShares Tr46435U861
    2.8%$11.4M
  5. SPDR Series Trust78464A128
    2.8%$11.3M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Core S&P 500 ETF464287200
    +$11.2MAdded
  2. Vanguard Instl Index FD922040845
    +$10.4MNew
  3. iShares Inc46434G764
    +$6.85MNew
  4. BlackRock ETF Trust09290C764
    +$2.71MNew
  5. Goldman Sachs ETF Tr381430438
    +$2.62MNew

Largest weight increases

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

  1. Vanguard Instl Index FD922040845
    +2.60 pp0.0% → 2.6%
  2. iShares Core S&P 500 ETF464287200
    +2.42 pp2.7% → 5.1%
  3. iShares Inc46434G764
    +1.71 pp0.0% → 1.7%
  4. BlackRock ETF Trust09290C764
    +0.68 pp0.0% → 0.7%
  5. Goldman Sachs ETF Tr381430438
    +0.65 pp0.0% → 0.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares MSCI USA Quality Factor ETF46432F339
    −$3.61MSold out
  2. VanEck Semiconductor ETF92189F676
    −$2.89MReduced
  3. Invesco QQQ Trust Series I46090E103
    −$2.10MReduced
  4. iShares Tr464288877
    −$2.09MReduced
  5. COSTCostco Wholesale Corp
    −$2.09MSold outHistory

Largest weight decreases

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

  1. iShares MSCI USA Quality Factor ETF46432F339
    −1.20 pp1.2% → 0.0%
  2. iShares Tr464288877
    −0.82 pp1.3% → 0.5%
  3. Invesco QQQ Trust Series I46090E103
    −0.71 pp4.5% → 3.8%
  4. COSTCostco Wholesale Corp
    −0.69 pp0.7% → 0.0%History
  5. FNGSBank of Montreal
    −0.56 pp0.6% → 0.0%History

Metrics

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

Portfolio value
$400.8M
+$99.8M (+33.1%) vs. prior quarter
Positions
162
+16 vs. prior quarter
Top 10 concentration
30.1%
Top 10 as share of value
Turnover
8.4%
Q2 2026, one quarter
Average holding period
9.1 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 (Q4 2021), so positions held before then are understated.

13F filings by quarter

19 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $400.8M (Q2 2026)

Q4 2021: $107.9MQ1 2022: $83.9MQ2 2022: $62.3MQ3 2022: $76.3MQ4 2022: $91.7MQ1 2023: $113.0MQ2 2023: $108.5MQ3 2023: $104.2MQ4 2023: $110.2MQ1 2024: $157.0MQ2 2024: $165.3MQ3 2024: $168.3MQ4 2024: $180.8MQ1 2025: $173.0MQ2 2025: $199.0MQ3 2025: $233.4MQ4 2025: $274.5MQ1 2026: $301.0MQ2 2026: $400.8M
Q4 2021Q2 2026
13F filings of Absolute Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 24, 2026162$400.8MiShares Core S&P 500 ETFiShares Semiconductor ETFInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026May 12, 2026146$301.0MInvesco QQQ Trust Series ISPDR Series TrustiShares Trvs. Q4 2025SEC
Q4 2025Feb 12, 2026133$274.5MVanEck Semiconductor ETFInvesco QQQ Trust Series IiShares Trvs. Q3 2025SEC
Q3 2025Nov 3, 2025120$233.4MVanEck Semiconductor ETFInvesco QQQ Trust Series IiShares Trvs. Q2 2025SEC
Q2 2025Aug 12, 2025123$199.0MVanEck Semiconductor ETFInvesco QQQ Trust Series IState Street Technology Select Sector SPDR ETFvs. Q1 2025SEC
Q1 2025May 14, 2025118$173.0MVanEck Semiconductor ETFInvesco QQQ Trust Series ISPDR Series Trustvs. Q4 2024SEC
Q4 2024Feb 11, 2025121$180.8MVanEck Semiconductor ETFInvesco QQQ Trust Series ISPDR Series Trustvs. Q3 2024SEC
Q3 2024Nov 8, 2024107$168.3MVanEck Semiconductor ETFInvesco QQQ Trust Series ISPYvs. Q2 2024SEC
Q2 2024Aug 9, 2024106$165.3MVanEck Semiconductor ETFInvesco QQQ Trust Series IVanguard Morningstar Total Stock Market ETFvs. Q1 2024SEC
Q1 2024May 2, 2024105$157.0MInvesco QQQ Trust Series IVanEck Semiconductor ETFInvesco Exch Traded FD Tr IIvs. Q4 2023SEC
Q4 2023Feb 2, 202484$110.2MInvesco Exch Traded FD Tr IIVanguard Morningstar Total Stock Market ETFiShares Core S&P 500 ETFvs. Q3 2023SEC
Q3 2023Oct 26, 202377$104.2MInvesco Exch Traded FD Tr IIiShares MSCI USA Min Vol Factor ETFState Street SPDR Portfolio S&P 500 ETFvs. Q2 2023SEC
Q2 2023Jul 27, 202379$108.5MInvesco Exch Traded FD Tr IIiShares MSCI USA Min Vol Factor ETFState Street Health Care Select Sector SPDR ETFvs. Q1 2023SEC
Q1 2023May 11, 202371$113.0MiShares TrInvesco Exch Traded FD Tr IIiShares Trvs. Q4 2022SEC
Q4 2022Feb 1, 202372$91.7MiShares MSCI USA Min Vol Factor ETFiShares TrInvesco Exch Traded FD Tr IIvs. Q3 2022SEC
Q3 2022Oct 27, 2022528$76.3MiShares TriShares MSCI USA Min Vol Factor ETFInvesco Exch Traded FD Tr IIvs. Q2 2022SEC
Q2 2022Aug 5, 202248$62.3MiShares TriShares MSCI USA Min Vol Factor ETFInvesco Exch Traded FD Tr IIvs. Q1 2022SEC
Q1 2022May 4, 202254$83.9MiShares MSCI USA Min Vol Factor ETFInvesco Exch TRD SLF Idx FDSPDR Series Trustvs. Q4 2021SEC
Q4 2021Jan 28, 2022546$107.9MiShares MSCI USA Min Vol Factor ETFInvesco Exch TRD SLF Idx FDVanEck ETF Trust–SEC