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Livermore
Livermore
ZHEN

Acas, LLC

SEC CIK
0001859505
Latest filing
Aug 14, 2025

The latest 13F from Acas, LLC covers Q2 2025 (filed Aug 14, 2025): 93 long positions worth $149.2M. The top 10 holdings make up 51.1% of the portfolio, and the largest is Capital Group Growth ETF at 8.1%. Livermore has 18 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2025

Share counts compared with Q1 2025: 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
9
Est. +$1.93M
Added
36
Est. +$4.54M
Reduced
36
Est. −$2.38M
Sold out
1
Est. −$387.5K

Top 5 holdings

Share of this quarter's portfolio value

  1. Capital Group Growth ETF14020G101
    8.1%$12.1M
  2. Capital Group Dividend Value14020W106
    7.8%$11.7M
  3. Ea Series Trust02072L565
    6.0%$9.02M
  4. AAPLApple Inc.
    5.9%$8.81MHistory
  5. BRK.BBerkshire Hathaway Inc
    5.9%$8.80MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Ea Series Trust02072L565
    +$1.30MAdded
  2. Capital Group Growth ETF14020G101
    +$568.0KAdded
  3. Capital Group Dividend Value14020W106
    +$561.1KAdded
  4. Capital Group Core Balanced14021D107
    +$372.3KAdded
  5. Dimensional U.S. Small Cap ETF25434V500
    +$275.1KAdded

Largest weight increases

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

  1. Capital Group Growth ETF14020G101
    +0.82 pp7.3% → 8.1%
  2. Capital Group Dividend Value14020W106
    +0.58 pp7.3% → 7.8%
  3. Ea Series Trust02072L565
    +0.24 pp5.8% → 6.0%
  4. Dimensional U.S. Small Cap ETF25434V500
    +0.23 pp2.1% → 2.3%
  5. AMSCAmerican Superconductor Corp
    +0.21 pp0.2% → 0.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. AAPLApple Inc.
    −$1.11MReducedHistory
  2. RYNRayonier Inc
    −$387.5KSold outHistory
  3. AMZNAmazon Com Inc
    −$201.4KReducedHistory
  4. iShares S&P 500 Growth ETF464287309
    −$178.2KReduced
  5. iShares S&P 500 Value ETF464287408
    −$82.9KReduced

Largest weight decreases

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

  1. AAPLApple Inc.
    −1.00 pp6.9% → 5.9%History
  2. COSTCostco Wholesale Corp
    −0.42 pp2.7% → 2.3%History
  3. RYNRayonier Inc
    −0.29 pp0.3% → 0.0%History
  4. First Tr Exch Traded FD III33739P103
    −0.20 pp2.5% → 2.3%
  5. iShares S&P 500 Value ETF464287408
    −0.15 pp3.1% → 2.9%

Metrics

13F metrics for Q2 2025, computed only from the numbers in the filings. Definitions below.

Portfolio value
$149.2M
+$17.8M (+13.6%) vs. prior quarter
Positions
93
+8 vs. prior quarter
Top 10 concentration
51.1%
Top 10 as share of value
Turnover
2.0%
Q2 2025, one quarter
Average holding period
9.2 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 (Q1 2021), so positions held before then are understated.

13F filings by quarter

17 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $149.2M (Q2 2025)

Q1 2021: $63.8MQ2 2021: $70.7MQ3 2021: $71.8MQ4 2021: $68.1MQ1 2022: $74.0MQ2 2022: $66.9MQ4 2022: $64.8MQ1 2023: $69.7MQ2 2023: $74.3MQ3 2023: $80.8MQ4 2023: $87.8MQ1 2024: $103.4MQ2 2024: $114.9MQ3 2024: $121.2MQ4 2024: $135.0MQ1 2025: $131.4MQ2 2025: $149.2M
Q1 2021Q2 2025
13F filings of Acas, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2025Aug 14, 202593$149.2MCapital Group Growth ETFCapital Group Dividend ValueEa Series Trustvs. Q1 2025SEC
Q1 2025May 2, 202585$131.4MBRK.BCapital Group Growth ETFCapital Group Dividend Valuevs. Q4 2024SEC
Q4 2024Feb 7, 202586$135.0MAAPLCapital Group Growth ETFCapital Group Dividend Valuevs. Q3 2024SEC
Q3 2024Nov 5, 202487$121.2MAAPLCapital Group Dividend ValueCapital Group Growth ETFvs. Q2 2024SEC
Q2 2024Aug 13, 202486$114.9MAAPLBRK.BCapital Group Dividend Valuevs. Q1 2024SEC
Q1 2024May 1, 202481$103.4MAAPLBRK.BiShares S&P 500 Growth ETFvs. Q4 2023SEC
Q4 2023Feb 2, 202480$87.8MAAPLiShares S&P 500 Growth ETFBRK.Bvs. Q3 2023SEC
Q3 2023Oct 24, 202377$80.8MAAPLiShares S&P 500 Growth ETFBRK.Bvs. Q2 2023SEC
Q2 2023Jul 26, 202379$74.3MAAPLiShares S&P 500 Growth ETFiShares S&P 500 Value ETFvs. Q1 2023SEC
Q1 2023Apr 21, 202377$69.7MAAPLiShares S&P 500 Growth ETFiShares S&P 500 Value ETFvs. Q4 2022SEC
Q4 2022Jan 26, 202373$64.8MAAPLiShares S&P 500 Growth ETFiShares S&P 500 Value ETF–SEC
Q2 2022Aug 1, 202274$66.9MAAPLiShares S&P 500 Growth ETFAMZNvs. Q1 2022SEC
Q1 2022Apr 28, 202277$74.0MAAPLiShares S&P 500 Growth ETFAMZNvs. Q4 2021SEC
Q4 2021Jan 31, 2022Amended78$68.1MiShares S&P 500 Growth ETFAMZNiShares S&P 500 Value ETFvs. Q3 2021SEC
Q3 2021Oct 19, 202177$71.8MAAPLiShares S&P 500 Growth ETFAMZNvs. Q2 2021SEC
Q2 2021Jul 14, 202178$70.7MAAPLiShares S&P 500 Growth ETFAMZNvs. Q1 2021SEC
Q1 2021May 4, 202175$63.8MAAPLiShares S&P 500 Growth ETFAMZN–SEC