Joseph Group Capital Management
- SEC CIK
- 0001910383
- Latest filing
- Aug 6, 2026
The latest 13F from Joseph Group Capital Management covers Q2 2026 (filed Aug 6, 2026): 387 long positions worth $476.0M. The top 10 holdings make up 46.7% of the portfolio, and the largest is J P Morgan Exchange Traded F at 8.5%. Livermore has 21 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.
- New
- 42
- Est. +$39.7M
- Added
- 253
- Est. +$15.4M
- Reduced
- 77
- Est. −$6.17M
- Sold out
- 34
- Est. −$481.4K
Top 5 holdings
Share of this quarter's portfolio value
- J P Morgan Exchange Traded F46641Q6708.5%$40.5M
- Dimensional ETF Trust25434V2036.8%$32.4M
- Vanguard Star FDS9219097686.4%$30.6M
- Schwab US Tips ETF8085248705.8%$27.7M
- J P Morgan Exchange Traded F46654Q7244.4%$20.8M
Share of portfolio
Top 5 holdings and the other 382 positions, by share of portfolio value
- J P Morgan Exchange Traded F8.5%
- Dimensional ETF Trust6.8%
- Vanguard Star FDS6.4%
- Schwab US Tips ETF5.8%
- J P Morgan Exchange Traded F4.4%
- Other 382 positions68.1%
Biggest buys
New and added positions, by estimated amount bought
- J P Morgan Exchange Traded F46654Q724+$20.8MNew
- Advisors Inner Circle FD III00775Y645+$9.76MNew
- SCM Trust78410K667+$8.07MNew
- J P Morgan Exchange Traded F46641Q670+$1.73MAdded
- HDHome Depot, Inc.
Largest weight increases
New and added positions, by percentage points of the portfolio gained
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
- Dimensional ETF Trust25434V203−0.84 pp7.7% → 6.8%
- Vanguard Star FDS921909768−0.54 pp7.0% → 6.4%
- WisdomTree Tr97717W877−0.47 pp3.5% → 3.0%
- Schwab US Dividend Equity ETF808524797−0.34 pp2.5% → 2.1%
- iShares Tr464287515−0.17 pp2.2% → 2.0%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $476.0M
- +$75.7M (+18.9%) vs. prior quarter
- Positions
- 387
- +8 vs. prior quarter
- Top 10 concentration
- 46.7%
- Top 10 as share of value
- Turnover
- 1.5%
- Q2 2026, one quarter
- Average holding period
- 10.9 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 $476.0M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 6, 2026 | 387 | $476.0M | J P Morgan Exchange Traded FDimensional ETF TrustVanguard Star FDS | vs. Q1 2026 | SEC |
| Q1 2026 | May 8, 2026 | 379 | $400.4M | J P Morgan Exchange Traded FDimensional ETF TrustVanguard Star FDS | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 30, 2026 | 275 | $380.6M | J P Morgan Exchange Traded FDimensional ETF TrustVanguard Star FDS | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 23, 2025 | 97 | $354.5M | J P Morgan Exchange Traded FDimensional ETF TrustSchwab US Tips ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 7, 2025Amended | 104 | $297.8M | J P Morgan Exchange Traded FSchwab US Tips ETFVanguard Star FDS | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 30, 2025 | 97 | $261.6M | J P Morgan Exchange Traded FSchwab US Tips ETFVanguard Star FDS | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 12, 2025 | 86 | $253.8M | J P Morgan Exchange Traded FSchwab US Tips ETFVanguard Star FDS | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 7, 2024 | 80 | $261.5M | J P Morgan Exchange Traded FSchwab US Tips ETFVanguard Star FDS | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 12, 2024 | 73 | $192.6M | Schwab US Tips ETFInnovator U.S. Equity Power Buffer ETF - SeptemberGLDM | vs. Q1 2024 | SEC |
| Q1 2024 | May 13, 2024 | 84 | $199.6M | Schwab US Tips ETFInvesco Exchange Traded FD TGLDM | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 13, 2024 | 81 | $172.3M | Schwab US Tips ETFInvesco Exchange Traded FD TWisdomTree Tr | vs. Q3 2023 | SEC |
| Q3 2023 | Nov 13, 2023 | 79 | $138.9M | Schwab US Tips ETFWisdomTree TrGLDM | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 10, 2023 | 75 | $118.9M | Schwab US Tips ETFGLDMWisdomTree Tr | vs. Q1 2023 | SEC |
| Q1 2023 | May 4, 2023 | 81 | $114.0M | Schwab US Tips ETFGLDMWisdomTree Tr | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 9, 2023 | 94 | $105.3M | GLDMSchwab US Tips ETFWisdomTree Tr | vs. Q3 2022 | SEC |
| Q3 2022 | Nov 9, 2022 | 87 | $91.6M | Schwab US Tips ETFGLDMWisdomTree Tr | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 10, 2022 | 76 | $99.8M | GLDMSchwab US Tips ETFWisdomTree Tr | vs. Q1 2022 | SEC |
| Q1 2022 | May 11, 2022 | 81 | $99.2M | GLDMSchwab US Tips ETFInnovator ETFs Trust | vs. Q4 2021 | SEC |
| Q4 2021 | Feb 11, 2022Amended | 71 | $104.0M | Schwab US Tips ETFInnovator ETFs TrustInnovator ETFs Trust | – | SEC |