Navalign, LLC
- SEC CIK
- 0001820593
- Latest filing
- Jul 27, 2026
The latest 13F from Navalign, LLC covers Q2 2026 (filed Jul 27, 2026): 132 long positions worth $429.1M. The top 10 holdings make up 55.1% of the portfolio, and the largest is Fidelity Merrimack STR Tr at 11.5%. 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.
- New
- 13
- Est. +$28.4M
- Added
- 61
- Est. +$7.89M
- Reduced
- 43
- Est. −$27.5M
- Sold out
- 8
- Est. −$3.71M
Top 5 holdings
Share of this quarter's portfolio value
- Fidelity Merrimack STR Tr31618830911.5%$49.3M
- AAPLApple Inc.
- Vanguard Star FDS9219097685.7%$24.4M
- iShares Core S&P Small Cap ETF4642878045.7%$24.3M
- State Street SPDR Portfolio S&P 500 Growth ETF78464A4095.1%$21.7M
Biggest buys
New and added positions, by estimated amount bought
Largest weight increases
New and added positions, by percentage points of the portfolio gained
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Whitehall FDS921946810−$23.6MReduced
- HONHoneywell International Inc
- iShares Tr46436E718−$1.07MReduced
- iShares Tr464288521−$630.9KSold out
- State Street Consumer Discretionary Select Sector SPDR ETF81369Y407−$473.9KSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Whitehall FDS921946810−5.64 pp5.8% → 0.1%
- HONHoneywell International Inc
- iShares Tr46436E718−0.30 pp0.7% → 0.4%
- iShares Tr464288521−0.16 pp0.2% → 0.0%
- State Street Consumer Discretionary Select Sector SPDR ETF81369Y407−0.12 pp0.1% → 0.0%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $429.1M
- +$32.6M (+8.2%) vs. prior quarter
- Positions
- 132
- +5 vs. prior quarter
- Top 10 concentration
- 55.1%
- Top 10 as share of value
- Turnover
- 7.6%
- Q2 2026, one quarter
- Average holding period
- 17.4 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 $429.1M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 27, 2026 | 132 | $429.1M | Fidelity Merrimack STR TrAAPLVanguard Star FDS | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 29, 2026 | 127 | $396.5M | Fidelity Merrimack STR TrAAPLVanguard Whitehall FDS | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 5, 2026 | 511 | $407.4M | Fidelity Merrimack STR TrAAPLVanguard Whitehall FDS | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 13, 2025 | 122 | $379.0M | Fidelity Merrimack STR TrAAPLiShares Core S&P Small Cap ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 5, 2025 | 115 | $362.6M | Fidelity Merrimack STR TrSchwab US Tips ETFiShares Core S&P Small Cap ETF | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 30, 2025 | 114 | $350.8M | Fidelity Merrimack STR TrSchwab US Tips ETFAAPL | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 18, 2025 | 116 | $340.2M | Fidelity Merrimack STR TrAAPLSchwab US Tips ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 1, 2024 | 118 | $339.6M | Fidelity Merrimack STR TrSchwab US Tips ETFAAPL | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 30, 2024 | 115 | $316.8M | Fidelity Merrimack STR TrSchwab US Tips ETFAAPL | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 12, 2024 | 116 | $301.8M | Fidelity Merrimack STR TrSchwab US Tips ETFiShares Core S&P Small Cap ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 18, 2024 | 125 | $286.6M | Fidelity Merrimack STR TrAAPLSchwab US Tips ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 11, 2023 | 137 | $263.3M | AAPLFidelity Merrimack STR TrSchwab US Tips ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 14, 2023 | 110 | $250.7M | AAPLFidelity Merrimack STR TrSchwab US Tips ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 20, 2023 | 113 | $239.2M | AAPLFidelity Merrimack STR TrSchwab US Tips ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 7, 2023 | 125 | $242.5M | Fidelity Merrimack STR TrAAPLState Street SPDR Portfolio S&P 500 Value ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 3, 2022 | 121 | $222.2M | Schwab US Tips ETFAAPLFidelity Merrimack STR Tr | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 27, 2022 | 121 | $228.9M | Schwab US Tips ETFAAPLFidelity Merrimack STR Tr | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 29, 2022 | 119 | $237.0M | AAPLSchwab US Tips ETFState Street SPDR Portfolio S&P 500 Value ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 8, 2022 | 121 | $250.6M | AAPLSchwab US Tips ETFState Street SPDR Portfolio S&P 500 Growth ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 3, 2021 | 120 | $236.1M | AAPLSchwab US Tips ETFiShares MSCI USA Momentum Factor ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Aug 13, 2021 | 120 | $236.0M | AAPLSchwab US Tips ETFiShares MSCI USA Momentum Factor ETF | vs. Q1 2021 | SEC |
| Q1 2021 | May 10, 2021 | 122 | $225.9M | AAPLSchwab US Tips ETFiShares MSCI USA Momentum Factor ETF | – | SEC |