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Livermore
Livermore
ZHEN

Ardent Capital Management, Inc.

SEC CIK
0001888792
Latest filing
Jul 20, 2026

The latest 13F from Ardent Capital Management, Inc. covers Q2 2026 (filed Jul 20, 2026): 47 long positions worth $240.6M. The top 10 holdings make up 88.7% of the portfolio, and the largest is Berkshire Hathaway Inc (BRK.B) at 32.9%. Livermore has 19 filings on Form 13F from this institution, going back to Q4 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
4
Est. +$1.61M
Added
3
Est. +$1.26M
Reduced
21
Est. −$2.16M
Sold out
4
Est. −$9.87M

Top 5 holdings

Share of this quarter's portfolio value

  1. BRK.BBerkshire Hathaway Inc
    32.9%$79.2MHistory
  2. JNJJohnson & Johnson
    15.5%$37.3MHistory
  3. GOOGAlphabet Inc.
    14.3%$34.5MHistory
  4. AAPLApple Inc.
    6.5%$15.7MHistory
  5. METAMeta Platforms, Inc.
    5.8%$13.9MHistory

Share of portfolio

Top 5 holdings and the other 42 positions, by share of portfolio value

  1. BRK.B32.9%
  2. JNJ15.5%
  3. GOOG14.3%
  4. AAPL6.5%
  5. META5.8%
  6. Other 42 positions25.0%

Biggest buys

New and added positions, by estimated amount bought

  1. SYKStryker Corp
    +$1.03MAddedHistory
  2. ACREAres Commercial Real Estate Corp
    +$981.4KNewHistory
  3. NVDANVIDIA Corp
    +$220.1KNewHistory
  4. AVGOBroadcom Inc.
    +$207.8KNewHistory
  5. SYBTStock Yards Bancorp, Inc.
    +$202.6KNewHistory

Largest weight increases

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

  1. ACREAres Commercial Real Estate Corp
    +0.41 pp0.0% → 0.4%History
  2. SYKStryker Corp
    +0.11 pp4.5% → 4.6%History
  3. NVDANVIDIA Corp
    +0.09 pp0.0% → 0.1%History
  4. AVGOBroadcom Inc.
    +0.09 pp0.0% → 0.1%History
  5. SYBTStock Yards Bancorp, Inc.
    +0.08 pp0.0% → 0.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. GOOGLAlphabet Inc.
    −$6.84MSold outHistory
  2. BIDUBaidu, Inc.
    −$1.43MSold outHistory
  3. ADBEAdobe Inc.
    −$1.07MSold outHistory
  4. BRK.BBerkshire Hathaway Inc
    −$625.0KReducedHistory
  5. UNHUnitedHealth Group Inc
    −$533.1KSold outHistory

Largest weight decreases

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

  1. GOOGLAlphabet Inc.
    −2.93 pp2.9% → 0.0%History
  2. BIDUBaidu, Inc.
    −0.61 pp0.6% → 0.0%History
  3. ADBEAdobe Inc.
    −0.46 pp0.5% → 0.0%History
  4. UNHUnitedHealth Group Inc
    −0.23 pp0.2% → 0.0%History
  5. CEFSprott Physical Gold & Silver Trust
    −0.03 pp0.1% → 0.1%History

Metrics

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

Portfolio value
$240.6M
+$6.97M (+3.0%) vs. prior quarter
Positions
47
0 vs. prior quarter
Top 10 concentration
88.7%
Top 10 as share of value
Turnover
1.2%
Q2 2026, one quarter
Average holding period
17.0 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 (Q4 2021), so positions held before then are understated.

13F filings by quarter

19 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $252.8M (Q4 2025)

Q4 2021: $150.6MQ1 2022: $150.0MQ2 2022: $81.2MQ3 2022: $112.2MQ4 2022: $128.8MQ1 2023: $139.1MQ2 2023: $162.8MQ3 2023: $177.2MQ4 2023: $190.8MQ1 2024: $199.2MQ2 2024: $204.0MQ3 2024: $220.1MQ4 2024: $219.8MQ1 2025: $231.1MQ2 2025: $208.5MQ3 2025: $236.0MQ4 2025: $252.8MQ1 2026: $233.6MQ2 2026: $240.6M
Q4 2021Q2 2026
13F filings of Ardent Capital Management, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 20, 202647$240.6MBRK.BJNJGOOGvs. Q1 2026SEC
Q1 2026May 14, 202647$233.6MBRK.BJNJGOOGvs. Q4 2025SEC
Q4 2025Feb 12, 202650$252.8MBRK.BGOOGJNJvs. Q3 2025SEC
Q3 2025Oct 30, 202551$236.0MBRK.BJNJGOOGvs. Q2 2025SEC
Q2 2025Jul 30, 202543$208.5MBRK.BJNJMETAvs. Q1 2025SEC
Q1 2025May 12, 202544$231.1MBRK.BAAPLJNJvs. Q4 2024SEC
Q4 2024Feb 3, 202542$219.8MBRK.BAAPLJNJvs. Q3 2024SEC
Q3 2024Nov 14, 202445$220.1MBRK.BAAPLJNJvs. Q2 2024SEC
Q2 2024Aug 14, 202442$204.0MBRK.BAAPLJNJvs. Q1 2024SEC
Q1 2024May 7, 202446$199.2MBRK.BAAPLJNJvs. Q4 2023SEC
Q4 2023Feb 8, 202445$190.8MBRK.BAAPLJNJvs. Q3 2023SEC
Q3 2023Nov 6, 202344$177.2MBRK.BAAPLJNJvs. Q2 2023SEC
Q2 2023Aug 14, 202330$162.8MBRK.BAAPLJNJvs. Q1 2023SEC
Q1 2023May 12, 202329$139.1MBRK.BAAPLJNJvs. Q4 2022SEC
Q4 2022Feb 14, 202327$128.8MBRK.BJNJAAPLvs. Q3 2022SEC
Q3 2022Feb 1, 202314$112.2MBRK.BJNJAAPLvs. Q2 2022SEC
Q2 2022Aug 8, 202221$81.2MJNJAAPLJPMvs. Q1 2022SEC
Q1 2022May 16, 202225$150.0MBRK.BAAPLJNJvs. Q4 2021SEC
Q4 2021Jan 20, 202228$150.6MBRK.BAAPLJNJ–SEC