Skip to main content
Livermore
Livermore
ZHEN

Frontier Asset Management, LLC

SEC CIK
0001910146
Latest filing
Aug 6, 2026

The latest 13F from Frontier Asset Management, LLC covers Q2 2026 (filed Aug 6, 2026): 90 long positions worth $558.3M. The top 10 holdings make up 58.4% of the portfolio, and the largest is American Centy ETF Tr at 12.3%. 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
7
Est. +$15.2M
Added
43
Est. +$34.0M
Reduced
37
Est. −$12.1M
Sold out
8
Est. −$2.99M

Top 5 holdings

Share of this quarter's portfolio value

  1. American Centy ETF Tr025072802
    12.3%$68.6M
  2. iShares Core S&P Small Cap ETF464287804
    9.6%$53.6M
  3. T Rowe Price Exchange-Traded87283Q503
    6.6%$36.8M
  4. J P Morgan Exchange Traded F46654Q609
    6.5%$36.0M
  5. iShares S&P 500 Growth ETF464287309
    4.9%$27.2M

Biggest buys

New and added positions, by estimated amount bought

  1. T Rowe Price Exchange-Traded87283Q503
    +$14.0MAdded
  2. American Centy ETF Tr025072877
    +$8.48MNew
  3. RBB Fund Trust75526L878
    +$4.73MAdded
  4. Advisors Inner Circle FD II00764Q587
    +$3.38MAdded
  5. Vanguard Real Estate ETF922908553
    +$2.73MAdded

Largest weight increases

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

  1. T Rowe Price Exchange-Traded87283Q503
    +2.47 pp4.1% → 6.6%
  2. American Centy ETF Tr025072877
    +1.52 pp0.0% → 1.5%
  3. RBB Fund Trust75526L878
    +0.78 pp0.8% → 1.5%
  4. iShares S&P 500 Growth ETF464287309
    +0.51 pp4.4% → 4.9%
  5. Schwab Strategic Tr808524862
    +0.46 pp0.0% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Advisors Inner Circle FD II00764Q595
    −$3.39MReduced
  2. iShares Core MSCI Emerging Markets ETF46434G103
    −$1.58MReduced
  3. Vanguard Morningstar Small-Cap ETF922908751
    −$1.22MReduced
  4. Timothy Plan887432342
    −$1.09MReduced
  5. Vanguard Morningstar Growth ETF922908736
    −$875.6KSold outConverted for a 6-for-1 split

Largest weight decreases

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

  1. Advisors Inner Circle FD II00764Q595
    −0.72 pp2.7% → 1.9%
  2. Advisors Inner Circle FD II00764Q629
    −0.40 pp1.8% → 1.4%
  3. iShares Tr464288661
    −0.31 pp1.5% → 1.2%
  4. iShares Core MSCI Emerging Markets ETF46434G103
    −0.25 pp2.5% → 2.2%
  5. RBB Fund Trust75526L886
    −0.24 pp1.9% → 1.6%

Metrics

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

Portfolio value
$558.3M
+$81.3M (+17.1%) vs. prior quarter
Positions
90
−1 vs. prior quarter
Top 10 concentration
58.4%
Top 10 as share of value
Turnover
2.9%
Q2 2026, one quarter
Average holding period
11.2 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 (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 $558.3M (Q2 2026)

Q4 2021: $135.8MQ1 2022: $142.7MQ2 2022: $120.0MQ3 2022: $115.3MQ4 2022: $218.1MQ1 2023: $211.6MQ2 2023: $220.0MQ3 2023: $220.5MQ4 2023: $265.6MQ1 2024: $272.2MQ2 2024: $275.8MQ3 2024: $302.0MQ4 2024: $302.9MQ1 2025: $344.6MQ2 2025: $367.4MQ3 2025: $400.4MQ4 2025: $431.2MQ1 2026: $477.0MQ2 2026: $558.3M
Q4 2021Q2 2026
13F filings of Frontier Asset Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 202690$558.3MAmerican Centy ETF TriShares Core S&P Small Cap ETFT Rowe Price Exchange-Tradedvs. Q1 2026SEC
Q1 2026May 6, 202691$477.0MAmerican Centy ETF TriShares Core S&P Small Cap ETFJ P Morgan Exchange Traded Fvs. Q4 2025SEC
Q4 2025Feb 4, 202692$431.2MAmerican Centy ETF TriShares Core S&P Small Cap ETFJ P Morgan Exchange Traded Fvs. Q3 2025SEC
Q3 2025Oct 29, 202574$400.4MAmerican Centy ETF TriShares Core S&P Small Cap ETFJ P Morgan Exchange Traded Fvs. Q2 2025SEC
Q2 2025Aug 12, 202574$367.4MAmerican Centy ETF TriShares Core S&P Small Cap ETFJ P Morgan Exchange Traded Fvs. Q1 2025SEC
Q1 2025May 7, 202564$344.6MAmerican Centy ETF TriShares Core S&P Small Cap ETFVanguard Ftse Emerging Markets ETFvs. Q4 2024SEC
Q4 2024Feb 7, 202566$302.9MiShares Core S&P Small Cap ETFVanguard Ftse Emerging Markets ETFJ P Morgan Exchange Traded Fvs. Q3 2024SEC
Q3 2024Nov 12, 202467$302.0MiShares Core S&P Small Cap ETFVanguard Ftse Emerging Markets ETFJ P Morgan Exchange Traded Fvs. Q2 2024SEC
Q2 2024Aug 7, 202460$275.8MiShares Core S&P Small Cap ETFVanguard Ftse Emerging Markets ETFJ P Morgan Exchange Traded Fvs. Q1 2024SEC
Q1 2024May 14, 202460$272.2MVanguard Ftse Emerging Markets ETFiShares Core S&P Small Cap ETFJ P Morgan Exchange Traded Fvs. Q4 2023SEC
Q4 2023Feb 13, 202459$265.6MVanguard Ftse Emerging Markets ETFiShares Core S&P Small Cap ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q3 2023SEC
Q3 2023Nov 13, 202359$220.5MVanguard Ftse Emerging Markets ETFiShares Core S&P Small Cap ETFiShares Incvs. Q2 2023SEC
Q2 2023Aug 10, 202356$220.0MVanguard Ftse Emerging Markets ETFiShares InciShares Core S&P 500 ETFvs. Q1 2023SEC
Q1 2023May 10, 202353$211.6MVanguard Ftse Emerging Markets ETFiShares Core S&P 500 ETFiShares Incvs. Q4 2022SEC
Q4 2022Feb 14, 202355$218.1MVanguard Ftse Emerging Markets ETFiShares Core S&P 500 ETFiShares Core S&P Small Cap ETFvs. Q3 2022SEC
Q3 2022Nov 9, 202242$115.3MVanguard Morningstar Value ETFiShares Core S&P 500 ETFSPDR Series Trustvs. Q2 2022SEC
Q2 2022Aug 12, 202241$120.0MSPDR Series TrustVanguard Morningstar Value ETFiShares Core S&P 500 ETFvs. Q1 2022SEC
Q1 2022May 16, 202236$142.7MSPDR Series TrustiShares Core S&P 500 ETFVanguard Morningstar Value ETFvs. Q4 2021SEC
Q4 2021Feb 11, 202236$135.8MiShares Core S&P 500 ETFSPDR Series TrustVanguard Morningstar Value ETF–SEC