Skip to main content
Livermore
Livermore
ZHEN

XTX Topco Ltd

SEC CIK
0001828301
Latest filing
Aug 14, 2026

The latest 13F from XTX Topco Ltd covers Q2 2026 (filed Aug 14, 2026): 4,087 long positions worth $7.72B. The top 10 holdings make up 3.8% of the portfolio, and the largest is Chevron Corp (CVX) at 0.5%. 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.

Full comparison
New
1150
Est. +$1.50B
Added
1685
Est. +$2.84B
Reduced
1251
Est. −$2.05B
Sold out
836
Est. −$948.1M

Top 5 holdings

Share of this quarter's portfolio value

  1. CVXChevron Corp
    0.5%$40.3MHistory
  2. BRK.BBerkshire Hathaway Inc
    0.5%$35.0MHistory
  3. VanEck Semiconductor ETF92189F676
    0.4%$31.4M
  4. CMECME Group Inc.
    0.4%$28.9MHistory
  5. NFLXNetflix Inc
    0.4%$28.8MHistory

Share of portfolio

Top 5 holdings and the other 4,082 positions, by share of portfolio value

  1. CVX0.5%
  2. BRK.B0.5%
  3. VanEck Semiconductor ETF0.4%
  4. CME0.4%
  5. NFLX0.4%
  6. Other 4,082 positions97.9%

Biggest buys

New and added positions, by estimated amount bought

  1. CVXChevron Corp
    +$36.6MAddedHistory
  2. BRK.BBerkshire Hathaway Inc
    +$30.6MAddedHistory
  3. NFLXNetflix Inc
    +$28.8MNewHistory
  4. Invesco QQQ Trust Series I46090E103
    +$26.3MAdded
  5. PEPPepsiCo Inc
    +$25.9MNewHistory

Largest weight increases

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

  1. CVXChevron Corp
    +0.44 pp0.1% → 0.5%History
  2. BRK.BBerkshire Hathaway Inc
    +0.38 pp0.1% → 0.5%History
  3. NFLXNetflix Inc
    +0.37 pp0.0% → 0.4%History
  4. Invesco QQQ Trust Series I46090E103
    +0.34 pp<0.1% → 0.4%
  5. PEPPepsiCo Inc
    +0.34 pp0.0% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Inc464286772
    −$35.4MSold out
  2. DELLDell Technologies Inc.
    −$31.4MReducedHistory
  3. SPYSPDR S&P 500 ETF Trust
    −$30.8MReducedHistory
  4. ARMArm Holdings PLC
    −$29.7MReducedHistory
  5. DIASPDR Dow Jones Industrial Average ETF Trust
    −$24.6MSold outHistory

Largest weight decreases

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

  1. iShares Inc464286772
    −0.62 pp0.6% → 0.0%
  2. SPYSPDR S&P 500 ETF Trust
    −0.47 pp0.5% → <0.1%History
  3. DIASPDR Dow Jones Industrial Average ETF Trust
    −0.43 pp0.4% → 0.0%History
  4. NVDANVIDIA Corp
    −0.35 pp0.4% → <0.1%History
  5. CCitigroup Inc
    −0.32 pp0.3% → <0.1%History

Metrics

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

Portfolio value
$7.72B
+$1.97B (+34.3%) vs. prior quarter
Positions
4,087
+314 vs. prior quarter
Top 10 concentration
3.8%
Top 10 as share of value
Turnover
44.5%
Q2 2026, one quarter
Average holding period
3.3 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 $7.72B (Q2 2026)

Q1 2021: $205.8MQ2 2021: $296.8MQ3 2021: $297.7MQ4 2021: $176.8MQ1 2022: $228.0MQ2 2022: $244.7MQ3 2022: $403.9MQ4 2022: $471.2MQ1 2023: $477.1MQ2 2023: $558.0MQ3 2023: $585.7MQ4 2023: $456.7MQ1 2024: $741.8MQ2 2024: $1.17BQ3 2024: $1.37BQ4 2024: $1.19BQ1 2025: $1.95BQ2 2025: $2.41BQ3 2025: $1.93BQ4 2025: $3.81BQ1 2026: $5.75BQ2 2026: $7.72B
Q1 2021Q2 2026
13F filings of XTX Topco Ltd by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 20264,087$7.72BCVXBRK.BVanEck Semiconductor ETFvs. Q1 2026SEC
Q1 2026May 15, 20263,773$5.75BiShares IncSPYDIAvs. Q4 2025SEC
Q4 2025Feb 17, 20263,255$3.81BPGJPMNVDAvs. Q3 2025SEC
Q3 2025Nov 14, 20252,489$1.93BNVDAInvesco QQQ Trust Series IJNJvs. Q2 2025SEC
Q2 2025Aug 12, 20252,275$2.41BNVDAAMZNPMvs. Q1 2025SEC
Q1 2025May 8, 20252,331$1.95BCMEMCDNFLXvs. Q4 2024SEC
Q4 2024Feb 13, 20252,207$1.19BUNHCMENVDAvs. Q3 2024SEC
Q3 2024Nov 14, 20242,014$1.37BVNFLXMETAvs. Q2 2024SEC
Q2 2024Aug 12, 20241,785$1.17BAAPLMETAMSFTvs. Q1 2024SEC
Q1 2024May 13, 20241,775$741.8MSMCITSLAMETAvs. Q4 2023SEC
Q4 2023Feb 13, 20241,511$456.7MAMZNSNEXWMTvs. Q3 2023SEC
Q3 2023Nov 13, 20231,504$585.7MLLYELVIDXXvs. Q2 2023SEC
Q2 2023Aug 14, 20231,355$558.0MTGTGOOGLBAvs. Q1 2023SEC
Q1 2023May 12, 20231,218$477.1MLMTREGNCIvs. Q4 2022SEC
Q4 2022Feb 14, 20231,071$471.2MGOOGLTWFCvs. Q3 2022SEC
Q3 2022Nov 14, 20221,063$403.9MGOOGLGOOGNKEvs. Q2 2022SEC
Q2 2022Aug 15, 2022810$244.7MGOOGLAMGNJNJvs. Q1 2022SEC
Q1 2022May 13, 2022633$228.0MJNJUNHYUMvs. Q4 2021SEC
Q4 2021Feb 11, 2022641$176.8MNVDAMSFTMETAvs. Q3 2021SEC
Q3 2021Nov 12, 2021649$297.7MGOOGGOOGLAMZNvs. Q2 2021SEC
Q2 2021Aug 12, 2021769$296.8MAMZNADBEAZOvs. Q1 2021SEC
Q1 2021May 14, 2021659$205.8MBIDUGOOGBarrick Gold Corp–SEC