RMG Wealth Management LLC
- SEC CIK
- 0001844731
- Latest filing
- Aug 13, 2026
The latest 13F from RMG Wealth Management LLC covers Q2 2026 (filed Aug 13, 2026): 577 long positions worth $969.2M. The top 10 holdings make up 93.1% of the portfolio, and the largest is Schwab U.S. Large-Cap Growth ETF at 21.6%. Livermore has 5 filings on Form 13F from this institution, going back to Q2 2025.
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
- 205
- Est. +$324.0M
- Added
- 79
- Est. +$48.1M
- Reduced
- 92
- Est. −$43.2M
- Sold out
- 233
- Est. −$290.1M
Top 5 holdings
Share of this quarter's portfolio value
- Schwab U.S. Large-Cap Growth ETF80852430021.6%$209.2M
- Vanguard Morningstar Value ETF92290874419.9%$192.6M
- iShares Tr46428830713.8%$133.9M
- SPDR Series Trust78468R4089.1%$87.9M
- Invesco Exchange Traded FD T46137V7799.0%$86.9M
Share of portfolio
Top 5 holdings and the other 572 positions, by share of portfolio value
- Schwab U.S. Large-Cap Growth ETF21.6%
- Vanguard Morningstar Value ETF19.9%
- iShares Tr13.8%
- SPDR Series Trust9.1%
- Invesco Exchange Traded FD T9.0%
- Other 572 positions26.7%
Biggest buys
New and added positions, by estimated amount bought
- iShares Tr464288307+$133.9MNew
- SPDR Series Trust78468R408+$87.9MNew
- Invesco Exchange Traded FD T46137V779+$86.9MNew
- Schwab U.S. Large-Cap Growth ETF808524300+$16.4MAdded
- Vanguard Morningstar Value ETF922908744+$11.6MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr464288307+13.81 pp0.0% → 13.8%
- SPDR Series Trust78468R408+9.07 pp0.0% → 9.1%
- Invesco Exchange Traded FD T46137V779+8.97 pp0.0% → 9.0%
- Vanguard Morningstar Value ETF922908744+0.64 pp19.2% → 19.9%
- Vanguard World FD921910816+0.36 pp0.0% → 0.4%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Tr464288208−$117.3MSold out
- Invesco S&P 500 Equal Weight Technology ETF46137V282−$86.5MSold out
- SPDR Series Trust78464A334−$76.6MSold out
- Vanguard Morningstar Growth ETF922908736−$31.1MReducedConverted for a 6-for-1 split
- Vanguard Morningstar Mid-Cap ETF922908629−$9.99MReducedConverted for a 4-for-1 split
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Tr464288208−13.54 pp13.5% → 0.0%
- Invesco S&P 500 Equal Weight Technology ETF46137V282−9.99 pp10.0% → 0.0%
- SPDR Series Trust78464A334−8.85 pp8.9% → 0.0%
- Vanguard Morningstar Growth ETF922908736−0.37 pp0.6% → 0.3%
- Northern LTS FD Tr IV66538H534−0.17 pp0.2% → 0.0%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $969.2M
- +$103.3M (+11.9%) vs. prior quarter
- Positions
- 577
- −28 vs. prior quarter
- Top 10 concentration
- 93.1%
- Top 10 as share of value
- Turnover
- 36.3%
- Q2 2026, one quarter
- Average holding period
- 3.2 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 (Q2 2025), so positions held before then are understated.
13F filings by quarter
5 quarters, going back to Q2 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $969.2M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | 577 | $969.2M | Schwab U.S. Large-Cap Growth ETFVanguard Morningstar Value ETFiShares Tr | vs. Q1 2026 | SEC |
| Q1 2026 | May 14, 2026 | 605 | $866.0M | Schwab U.S. Large-Cap Growth ETFVanguard Morningstar Value ETFiShares Tr | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 29, 2026 | 430 | $771.6M | Schwab U.S. Small-Cap ETFVanguard Morningstar Value ETFiShares Inc | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 30, 2025 | 343 | $710.3M | Schwab U.S. Large-Cap Growth ETFVanguard Morningstar Value ETFiShares Tr | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 23, 2025 | 328 | $650.3M | Schwab U.S. Large-Cap Growth ETFSchwab US Dividend Equity ETFiShares Tr | – | SEC |