Congress Wealth Management LLC
- SEC CIK
- 0001904976
- Latest filing
- Aug 13, 2025
The latest 13F from Congress Wealth Management LLC covers Q2 2025 (filed Aug 13, 2025): 1,179 long positions worth $10.3B. The top 10 holdings make up 19.3% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 3.8%. Livermore has 15 filings on Form 13F from this institution, going back to Q4 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.
- New
- 161
- Est. +$340.7M
- Added
- 700
- Est. +$1.93B
- Reduced
- 269
- Est. −$844.1M
- Sold out
- 46
- Est. −$87.7M
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Morningstar Total Stock Market ETF922908769+$375.2MAdded
- Vanguard Total Bond Market ETF921937835+$69.4MAdded
- Vanguard Short-Term Bond ETF921937827+$68.4MAdded
- Vanguard S&P 500 ETF922908363+$64.8MAdded
- Vanguard Star FDS921909768+$53.0MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Total Stock Market ETF922908769+3.61 pp0.2% → 3.8%
- Vanguard Total Bond Market ETF921937835+0.67 pp<0.1% → 0.7%
- Vanguard Short-Term Bond ETF921937827+0.65 pp<0.1% → 0.7%
- Vanguard S&P 500 ETF922908363+0.58 pp0.5% → 1.0%
- Vanguard Star FDS921909768+0.51 pp0.1% → 0.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q2 2025, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $10.3B
- +$1.98B (+23.7%) vs. prior quarter
- Positions
- 1,179
- +115 vs. prior quarter
- Top 10 concentration
- 19.3%
- Top 10 as share of value
- Turnover
- 10.0%
- Q2 2025, one quarter
- Average holding period
- 11.0 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
15 quarters, going back to Q4 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $10.3B (Q2 2025)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2025 | Aug 13, 2025 | 1,179 | $10.3B | Vanguard Morningstar Total Stock Market ETFAAPLMSFT | vs. Q1 2025 | SEC |
| Q1 2025 | May 14, 2025 | 1,064 | $8.34B | AAPLState Street Technology Select Sector SPDR ETFMSFT | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 11, 2025 | 871 | $7.28B | State Street Technology Select Sector SPDR ETFAAPLState Street Financial Select Sector SPDR ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 12, 2024 | 837 | $7.50B | State Street Technology Select Sector SPDR ETFAAPLJanus Detroit STR Tr | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 14, 2024 | 709 | $6.29B | GSState Street Technology Select Sector SPDR ETFJanus Detroit STR Tr | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 18, 2024 | 577 | $5.79B | GSState Street Technology Select Sector SPDR ETFJanus Detroit STR Tr | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 9, 2024 | 606 | $5.45B | GSState Street Technology Select Sector SPDR ETFJanus Detroit STR Tr | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 30, 2023 | 599 | $4.84B | GSState Street Technology Select Sector SPDR ETFJanus Detroit STR Tr | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 13, 2023 | 553 | $4.31B | State Street Technology Select Sector SPDR ETFJanus Detroit STR TriShares Tr | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 14, 2023 | 553 | $4.15B | State Street Technology Select Sector SPDR ETFJanus Detroit STR TriShares Tr | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 2, 2023 | 555 | $3.89B | State Street Technology Select Sector SPDR ETFSPDR Series TrustiShares Tr | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 9, 2022 | 545 | $3.71B | State Street Technology Select Sector SPDR ETFiShares TrState Street Health Care Select Sector SPDR ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 11, 2022 | 551 | $3.91B | State Street Technology Select Sector SPDR ETFiShares TrState Street Health Care Select Sector SPDR ETF | vs. Q1 2022 | SEC |
| Q1 2022 | May 16, 2022 | 592 | $4.58B | State Street Technology Select Sector SPDR ETFiShares TrState Street Energy Select Sector SPDR ETF | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 4, 2022 | 602 | $5.00B | State Street Technology Select Sector SPDR ETFState Street Consumer Discretionary Select Sector SPDR ETFJanus Detroit STR Tr | – | SEC |