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Livermore
Livermore
ZHEN

Palumbo Wealth Management LLC

SEC CIK
0001846310
Latest filing
Aug 12, 2026

The latest 13F from Palumbo Wealth Management LLC covers Q2 2026 (filed Aug 12, 2026): 237 long positions worth $472.3M. The top 10 holdings make up 39.6% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 7.6%. 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
31
Est. +$15.9M
Added
100
Est. +$21.4M
Reduced
92
Est. −$17.3M
Sold out
15
Est. −$6.98M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    7.6%$36.0MHistory
  2. GOOGLAlphabet Inc.
    5.6%$26.5MHistory
  3. JPMorgan Ultra-Short Income ETF46641Q837
    4.3%$20.2M
  4. AAPLApple Inc.
    4.3%$20.1MHistory
  5. AMZNAmazon Com Inc
    4.1%$19.4MHistory

Share of portfolio

Top 5 holdings and the other 232 positions, by share of portfolio value

  1. SPY7.6%
  2. GOOGL5.6%
  3. JPMorgan Ultra-Short Income ETF4.3%
  4. AAPL4.3%
  5. AMZN4.1%
  6. Other 232 positions74.1%

Biggest buys

New and added positions, by estimated amount bought

  1. JPMorgan Ultra-Short Income ETF46641Q837
    +$3.91MAdded
  2. MSFTMicrosoft Corp
    +$3.70MAddedHistory
  3. PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833
    +$3.22MAdded
  4. CARLCarlsmed, Inc.
    +$2.77MNewHistory
  5. ABSIAbsci Corp
    +$2.12MNewHistory

Largest weight increases

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

  1. AMDAdvanced Micro Devices Inc
    +1.20 pp0.8% → 2.0%History
  2. BFLYButterfly Network, Inc.
    +0.60 pp0.4% → 1.0%History
  3. CARLCarlsmed, Inc.
    +0.59 pp0.0% → 0.6%History
  4. MSFTMicrosoft Corp
    +0.52 pp2.1% → 2.6%History
  5. PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833
    +0.49 pp1.5% → 2.0%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464287457
    −$4.67MReduced
  2. BWBabcock & Wilcox Enterprises, Inc.
    −$3.26MReducedHistory
  3. WSMWilliams Sonoma Inc
    −$2.49MSold outHistory
  4. BEBloom Energy Corp
    −$1.24MReducedHistory
  5. NKENIKE, Inc.
    −$963.1KReducedHistory

Largest weight decreases

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

  1. GLDSPDR Gold Trust
    −1.22 pp4.5% → 3.3%History
  2. iShares Tr464287457
    −1.18 pp1.4% → 0.2%
  3. BWBabcock & Wilcox Enterprises, Inc.
    −0.91 pp1.3% → 0.4%History
  4. DBCInvesco DB Commodity Index Tracking Fund
    −0.74 pp3.4% → 2.7%History
  5. WSMWilliams Sonoma Inc
    −0.61 pp0.6% → 0.0%History

Metrics

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

Portfolio value
$472.3M
+$62.5M (+15.2%) vs. prior quarter
Positions
237
+16 vs. prior quarter
Top 10 concentration
39.6%
Top 10 as share of value
Turnover
5.5%
Q2 2026, one quarter
Average holding period
13.5 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 $472.3M (Q2 2026)

Q1 2021: $132.7MQ2 2021: $149.0MQ3 2021: $151.7MQ4 2021: $159.7MQ1 2022: $155.6MQ2 2022: $126.0MQ3 2022: $118.1MQ4 2022: $125.8MQ1 2023: $150.4MQ2 2023: $163.5MQ3 2023: $181.8MQ4 2023: $195.7MQ1 2024: $223.3MQ2 2024: $236.7MQ3 2024: $257.2MQ4 2024: $267.8MQ1 2025: $299.2MQ2 2025: $322.9MQ3 2025: $313.1MQ4 2025: $405.3MQ1 2026: $409.8MQ2 2026: $472.3M
Q1 2021Q2 2026
13F filings of Palumbo Wealth Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 2026237$472.3MSPYGOOGLJPMorgan Ultra-Short Income ETFvs. Q1 2026SEC
Q1 2026May 12, 2026221$409.8MSPYGOOGLGLDvs. Q4 2025SEC
Q4 2025Jan 21, 2026218$405.3MSPYGOOGLAMZNvs. Q3 2025SEC
Q3 2025Nov 10, 2025179$313.1MSPYGLDAAPLvs. Q2 2025SEC
Q2 2025Jul 15, 2025197$322.9MSPYJPMorgan Ultra-Short Income ETFGLDvs. Q1 2025SEC
Q1 2025Apr 22, 2025187$299.2MSPYJPMorgan Ultra-Short Income ETFGLDvs. Q4 2024SEC
Q4 2024Jan 30, 2025175$267.8MSPYJPMorgan Ultra-Short Income ETFGLDvs. Q3 2024SEC
Q3 2024Oct 28, 2024160$257.2MSPYGLDiShares Trvs. Q2 2024SEC
Q2 2024Aug 2, 2024151$236.7MSPYGLDiShares Trvs. Q1 2024SEC
Q1 2024Apr 15, 2024140$223.3MSPYGLDDBCvs. Q4 2023SEC
Q4 2023Jan 22, 2024123$195.7MSPYGLDDBCvs. Q3 2023SEC
Q3 2023Oct 16, 2023116$181.8MSPYiShares TrDBCvs. Q2 2023SEC
Q2 2023Jul 26, 2023105$163.5MiShares TriShares TrSPYvs. Q1 2023SEC
Q1 2023May 4, 202392$150.4MiShares TriShares TrSPYvs. Q4 2022SEC
Q4 2022Feb 13, 202382$125.8MiShares TriShares TrGLDvs. Q3 2022SEC
Q3 2022Nov 14, 202278$118.1MiShares TrGLDETF Ser Solutionsvs. Q2 2022SEC
Q2 2022Aug 12, 202281$126.0MiShares TriShares TrGLDvs. Q1 2022SEC
Q1 2022May 10, 202286$155.6MiShares MSCI USA Momentum Factor ETFiShares Tips Bond ETFGLDvs. Q4 2021SEC
Q4 2021Feb 16, 202289$159.7MPIMCO Enhanced Short Maturity Active Exchange-Traded FundiShares TriShares MSCI USA Momentum Factor ETFvs. Q3 2021SEC
Q3 2021Nov 12, 202196$151.7MiShares TrInvesco Actvely MNGD Etc FDSPYvs. Q2 2021SEC
Q2 2021Aug 16, 202196$149.0MInvesco Actvely MNGD Etc FDiShares TriShares MSCI USA Momentum Factor ETFvs. Q1 2021SEC
Q1 2021May 17, 202198$132.7MiShares TrSPYiShares MSCI USA Momentum Factor ETF–SEC