Rodgers & Associates, LTD
- SEC CIK
- 0001846515
- Latest filing
- Jul 21, 2026
The latest 13F from Rodgers & Associates, LTD covers Q2 2026 (filed Jul 21, 2026): 108 long positions worth $1.10B. The top 10 holdings make up 54.8% of the portfolio, and the largest is Vanguard Morningstar Value ETF at 7.9%. 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
- 9
- Est. +$2.33M
- Added
- 22
- Est. +$8.38M
- Reduced
- 50
- Est. −$19.2M
- Sold out
- 2
- Est. −$550.1K
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Value ETF9229087447.9%$86.9M
- Vanguard Morningstar Small-Cap Value ETF9229086117.1%$78.3M
- Vanguard Morningstar Mid-Cap Value ETF9229085126.7%$73.8M
- iShares Russell Mid-Cap Growth ETF4642874815.8%$63.7M
- iShares Russell 1000 Growth ETF4642876145.5%$60.9M
Biggest buys
New and added positions, by estimated amount bought
- State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474+$2.97MAdded
- SPDR Index Shs FDS78463X509+$1.27MAdded
- Vanguard Morningstar Small-Cap Value ETF922908611+$1.17MAdded
- iShares Russell Mid-Cap Growth ETF464287481+$642.0KAdded
- WMTWalmart Inc.
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Russell Mid-Cap Growth ETF464287481+0.16 pp5.6% → 5.8%
- Vanguard Morningstar Growth ETF922908736+0.12 pp1.7% → 1.8%
- SPDR Index Shs FDS78463X509+0.09 pp1.7% → 1.8%
- Vanguard Morningstar Small-Cap Value ETF922908611+0.09 pp7.0% → 7.1%
- iShares S&P Small-Cap 600 Value ETF464287879+0.05 pp0.6% → 0.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- State Street SPDR Portfolio S&P 500 Growth ETF78464A409−$2.52MReduced
- Vanguard Morningstar Value ETF922908744−$2.07MReduced
- SPDR Series Trust78464A201−$1.74MReduced
- SPDR Index Shs FDS78463X533−$1.62MReduced
- iShares Russell 1000 Growth ETF464287614−$993.2KReducedConverted for a 4-for-1 split
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Morningstar Mid-Cap Value ETF922908512−0.32 pp7.0% → 6.7%
- Vanguard Scottsdale FDS92206C409−0.32 pp2.6% → 2.3%
- Vanguard Morningstar Value ETF922908744−0.27 pp8.2% → 7.9%
- State Street SPDR Portfolio S&P 500 Value ETF78464A508−0.18 pp2.9% → 2.7%
- SPDR Index Shs FDS78463X533−0.16 pp0.2% → 0.1%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $1.10B
- +$119.6M (+12.2%) vs. prior quarter
- Positions
- 108
- +7 vs. prior quarter
- Top 10 concentration
- 54.8%
- Top 10 as share of value
- Turnover
- 1.0%
- Q2 2026, one quarter
- Average holding period
- 21.8 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 $1.10B (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 21, 2026 | 108 | $1.10B | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q1 2026 | SEC |
| Q1 2026 | May 4, 2026 | 101 | $982.2M | Vanguard Morningstar Value ETFVanguard Morningstar Mid-Cap Value ETFVanguard Morningstar Small-Cap Value ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 22, 2026 | 107 | $987.6M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 5, 2025 | 105 | $970.1M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 29, 2025 | 103 | $910.3M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 22, 2025 | 97 | $820.2M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 21, 2025 | 98 | $839.2M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 21, 2024 | 95 | $838.1M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 17, 2024 | 92 | $777.2M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFVanguard Morningstar Mid-Cap Value ETF | vs. Q1 2024 | SEC |
| Q1 2024 | May 10, 2024 | 91 | $778.8M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFiShares Russell Mid-Cap Growth ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 2, 2024 | 87 | $737.4M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFiShares Russell Mid-Cap Growth ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 17, 2023 | 85 | $661.7M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFiShares Russell Mid-Cap Growth ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 19, 2023 | 84 | $692.4M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFiShares Russell Mid-Cap Growth ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 18, 2023 | 84 | $644.2M | Vanguard Morningstar Value ETFiShares Russell Mid-Cap Growth ETFVanguard Morningstar Small-Cap Value ETF | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 13, 2023 | 84 | $609.5M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETF | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 17, 2022 | 81 | $563.1M | Vanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Small-Cap Value ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Jul 18, 2022 | 85 | $583.3M | Vanguard Morningstar Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETFVanguard Morningstar Small-Cap Value ETF | vs. Q1 2022 | SEC |
| Q1 2022 | Apr 26, 2022 | 91 | $653.7M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFiShares Russell Mid-Cap Growth ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Jan 28, 2022 | 93 | $663.7M | Vanguard Morningstar Value ETFiShares Russell Mid-Cap Growth ETFiShares Russell 1000 Growth ETF | vs. Q3 2021 | SEC |
| Q3 2021 | Nov 10, 2021 | 91 | $614.7M | Vanguard Morningstar Value ETFiShares Russell Mid-Cap Growth ETFState Street SPDR Portfolio Short Term Corporate Bond ETF | vs. Q2 2021 | SEC |
| Q2 2021 | Jul 29, 2021 | 91 | $621.7M | Vanguard Morningstar Value ETFiShares Russell Mid-Cap Growth ETFVanguard Morningstar Small-Cap Value ETF | vs. Q1 2021 | SEC |
| Q1 2021 | May 7, 2021 | 90 | $587.4M | Vanguard Morningstar Value ETFVanguard Morningstar Small-Cap Value ETFState Street SPDR Portfolio Short Term Corporate Bond ETF | – | SEC |