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Livermore
Livermore
ZHEN

McElhenny Sheffield Capital Management, LLC

SEC CIK
0001886813
Latest filing
Jul 22, 2026

The latest 13F from McElhenny Sheffield Capital Management, LLC covers Q2 2026 (filed Jul 22, 2026): 108 long positions worth $403.8M. The top 10 holdings make up 88.6% of the portfolio, and the largest is ETF Ser Solutions at 29.8%. Livermore has 21 filings on Form 13F from this institution, going back to Q3 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
32
Est. +$122.9M
Added
34
Est. +$48.4M
Reduced
32
Est. −$22.8M
Sold out
19
Est. −$154.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. ETF Ser Solutions26922B774
    29.8%$120.3M
  2. iShares Tr464287440
    23.8%$96.2M
  3. iShares Tr46436E718
    13.6%$55.1M
  4. SPYSPDR S&P 500 ETF Trust
    9.3%$37.7MHistory
  5. ProShares Tr74348A467
    4.5%$18.0M

Share of portfolio

Top 5 holdings and the other 103 positions, by share of portfolio value

  1. ETF Ser Solutions29.8%
  2. iShares Tr23.8%
  3. iShares Tr13.6%
  4. SPY9.3%
  5. ProShares Tr4.5%
  6. Other 103 positions18.9%

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464287440
    +$96.2MNew
  2. SPYSPDR S&P 500 ETF Trust
    +$36.5MAddedHistory
  3. iShares Core High Dividend ETF46429B663
    +$17.0MNew
  4. ETF Ser Solutions26922B774
    +$9.50MAdded
  5. Invesco QQQ Trust Series I46090E103
    +$913.2KNew

Largest weight increases

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

  1. iShares Tr464287440
    +23.83 pp0.0% → 23.8%
  2. SPYSPDR S&P 500 ETF Trust
    +9.08 pp0.3% → 9.3%History
  3. iShares Core High Dividend ETF46429B663
    +4.21 pp0.0% → 4.2%
  4. ETF Ser Solutions26922B774
    +2.85 pp26.9% → 29.8%
  5. Invesco QQQ Trust Series I46090E103
    +0.23 pp0.0% → 0.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464287457
    −$87.9MSold out
  2. iShares Tr464287556
    −$24.0MSold out
  3. iShares Tr46436E718
    −$21.2MReduced
  4. iShares Tr464288836
    −$17.6MSold out
  5. GLDSPDR Gold Trust
    −$17.2MSold outHistory

Largest weight decreases

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

  1. iShares Tr464287457
    −21.80 pp21.8% → 0.0%
  2. iShares Tr464287556
    −5.94 pp5.9% → 0.0%
  3. iShares Tr46436E718
    −5.26 pp18.9% → 13.6%
  4. iShares Tr464288836
    −4.35 pp4.4% → 0.0%
  5. GLDSPDR Gold Trust
    −4.25 pp4.3% → 0.0%History

Metrics

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

Portfolio value
$403.8M
+$398.6K (+0.1%) vs. prior quarter
Positions
108
+13 vs. prior quarter
Top 10 concentration
88.6%
Top 10 as share of value
Turnover
42.5%
Q2 2026, one quarter
Average holding period
9.4 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 (Q3 2021), so positions held before then are understated.

13F filings by quarter

20 quarters, going back to Q3 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $422.0M (Q3 2025)

Q3 2021: $220.9MQ4 2021: $266.5MQ1 2022: $286.3MQ2 2022: $214.7MQ3 2022: $131.0MQ4 2022: $213.1MQ1 2023: $189.8MQ2 2023: $234.0MQ3 2023: $196.7MQ4 2023: $245.8MQ1 2024: $280.9MQ2 2024: $290.0MQ3 2024: $304.9MQ4 2024: $298.4MQ1 2025: $266.8MQ2 2025: $375.0MQ3 2025: $422.0MQ4 2025: $410.9MQ1 2026: $403.4MQ2 2026: $403.8M
Q3 2021Q2 2026
13F filings of McElhenny Sheffield Capital Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 22, 2026108$403.8METF Ser SolutionsiShares TriShares Trvs. Q1 2026SEC
Q1 2026Apr 23, 202695$403.4METF Ser SolutionsiShares TriShares Trvs. Q4 2025SEC
Q4 2025Jan 21, 2026100$410.9METF Ser SolutionsProShares TrInvesco QQQ Trust Series Ivs. Q3 2025SEC
Q3 2025Oct 21, 2025106$422.0METF Ser SolutionsProShares TrInvesco QQQ Trust Series Ivs. Q2 2025SEC
Q2 2025Jul 24, 2025Amended103$375.0METF Ser SolutionsProShares TrInvesco QQQ Trust Series Ivs. Q1 2025SEC
Q1 2025Apr 16, 202599$266.8METF Ser SolutionsiShares TrGLDvs. Q4 2024SEC
Q4 2024Jan 16, 2025102$298.4METF Ser SolutionsState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares Trvs. Q3 2024SEC
Q3 2024Oct 21, 2024101$304.9METF Ser SolutionsInvesco QQQ Trust Series IProShares Trvs. Q2 2024SEC
Q2 2024Jul 11, 202492$290.0METF Ser SolutionsInvesco QQQ Trust Series IProShares Trvs. Q1 2024SEC
Q1 2024Apr 17, 202495$280.9MInvesco QQQ Trust Series IETF Ser SolutionsProShares Trvs. Q4 2023SEC
Q4 2023Jan 11, 202490$245.8MInvesco QQQ Trust Series IETF Ser SolutionsSPYvs. Q3 2023SEC
Q3 2023Oct 12, 202390$196.7METF Ser SolutionsSPYState Street Communication Services Select Sector SPDR ETFvs. Q2 2023SEC
Q2 2023Jul 14, 202393$234.0MInvesco QQQ Trust Series ISPYState Street Communication Services Select Sector SPDR ETFvs. Q1 2023SEC
Q1 2023Apr 13, 202390$189.8MInvesco QQQ Trust Series ISPYiShares Trvs. Q4 2022SEC
Q4 2022Jan 11, 2023656$213.1METF Ser SolutionsGLDState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q3 2022SEC
Q3 2022Oct 14, 202287$131.0MGLDWisdomTree Bloomberg US Dollar Bullish FundiShares Trvs. Q2 2022SEC
Q2 2022Jul 22, 202297$214.7MGLDiShares TriShares Trvs. Q1 2022SEC
Q1 2022Apr 20, 2022111$286.3MInvesco QQQ Trust Series IGLDiShares Trvs. Q4 2021SEC
Q4 2021Jan 12, 2022119$266.5MInvesco QQQ Trust Series IState Street Technology Select Sector SPDR ETFState Street Health Care Select Sector SPDR ETFvs. Q3 2021SEC
Q3 2021Oct 12, 2021117$220.9MiShares TrState Street Financial Select Sector SPDR ETFState Street Materials Select Sector SPDR ETF–SEC