Skip to main content
Livermore
Livermore
ZHEN

Unconventional Investor, LLC

SEC CIK
0001910387
Latest filing
Aug 18, 2026

The latest 13F from Unconventional Investor, LLC covers Q2 2026 (filed Aug 18, 2026): 49 long positions worth $241.8M. The top 10 holdings make up 87.0% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 29.9%. 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
5
Est. +$4.51M
Added
14
Est. +$11.7M
Reduced
10
Est. −$7.38M
Sold out
2
Est. −$236.4K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    29.9%$72.2M
  2. Vanguard S&P 500 ETF922908363
    18.3%$44.2M
  3. BRK.BBerkshire Hathaway Inc
    11.4%$27.6MHistory
  4. Vanguard Ftse Developed Markets ETF921943858
    9.0%$21.8M
  5. Vanguard Utilities ETF92204A876
    6.4%$15.5M

Share of portfolio

Top 5 holdings and the other 44 positions, by share of portfolio value

  1. Vanguard Morningstar Total Stock Market ETF29.9%
  2. Vanguard S&P 500 ETF18.3%
  3. BRK.B11.4%
  4. Vanguard Ftse Developed Markets ETF9.0%
  5. Vanguard Utilities ETF6.4%
  6. Other 44 positions24.9%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard S&P 500 ETF922908363
    +$10.1MAdded
  2. Schwab Strategic Tr808524862
    +$1.94MNew
  3. Vanguard Instl Index FD922040845
    +$1.86MNew
  4. Vanguard Ftse Developed Markets ETF921943858
    +$1.28MAdded
  5. CVXChevron Corp
    +$268.4KNewHistory

Largest weight increases

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

  1. Vanguard S&P 500 ETF922908363
    +4.18 pp14.1% → 18.3%
  2. Schwab Strategic Tr808524862
    +0.80 pp0.0% → 0.8%
  3. Vanguard Instl Index FD922040845
    +0.77 pp0.0% → 0.8%
  4. Vanguard Ftse Developed Markets ETF921943858
    +0.26 pp8.8% → 9.0%
  5. CVXChevron Corp
    +0.11 pp0.0% → 0.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Morningstar Total Stock Market ETF922908769
    −$4.73MReduced
  2. Vanguard Scottsdale FDS92206C102
    −$1.43MReduced
  3. PLPlanet Labs PBC
    −$483.5KReducedHistory
  4. iShares MSCI India ETF46429B598
    −$338.9KReduced
  5. iShares Tr464288661
    −$227.8KSold out

Largest weight decreases

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

  1. Vanguard Morningstar Total Stock Market ETF922908769
    −1.80 pp31.7% → 29.9%
  2. Vanguard Scottsdale FDS92206C102
    −1.29 pp5.2% → 3.9%
  3. Vanguard Utilities ETF92204A876
    −1.05 pp7.5% → 6.4%
  4. PLPlanet Labs PBC
    −0.18 pp0.7% → 0.5%History
  5. iShares MSCI India ETF46429B598
    −0.16 pp0.3% → 0.1%

Metrics

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

Portfolio value
$241.8M
+$31.1M (+14.8%) vs. prior quarter
Positions
49
+3 vs. prior quarter
Top 10 concentration
87.0%
Top 10 as share of value
Turnover
3.4%
Q2 2026, one quarter
Average holding period
17.2 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 $241.8M (Q2 2026)

Q4 2021: $100.8MQ1 2022: $108.8MQ2 2022: $97.5MQ3 2022: $91.9MQ4 2022: $98.6MQ1 2023: $104.7MQ2 2023: $110.1MQ3 2023: $114.1MQ4 2023: $126.3MQ1 2024: $138.8MQ2 2024: $141.9MQ3 2024: $160.1MQ4 2024: $165.5MQ1 2025: $169.2MQ2 2025: $180.9MQ3 2025: $199.4MQ4 2025: $210.5MQ1 2026: $210.6MQ2 2026: $241.8M
Q4 2021Q2 2026
13F filings of Unconventional Investor, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 18, 202649$241.8MVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFBRK.Bvs. Q1 2026SEC
Q1 2026May 18, 202646$210.6MVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFBRK.Bvs. Q4 2025SEC
Q4 2025Feb 5, 202647$210.5MVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFBRK.Bvs. Q3 2025SEC
Q3 2025Nov 7, 202545$199.4MVanguard Morningstar Total Stock Market ETFVanguard S&P 500 ETFBRK.Bvs. Q2 2025SEC
Q2 2025Aug 1, 202540$180.9MVanguard Morningstar Total Stock Market ETFBRK.BVanguard S&P 500 ETFvs. Q1 2025SEC
Q1 2025May 15, 202534$169.2MVanguard Morningstar Total Stock Market ETFBRK.BVanguard S&P 500 ETFvs. Q4 2024SEC
Q4 2024Feb 19, 202535$165.5MVanguard Morningstar Total Stock Market ETFBRK.BVanguard S&P 500 ETFvs. Q3 2024SEC
Q3 2024Nov 18, 202434$160.1MVanguard Morningstar Total Stock Market ETFBRK.BVanguard S&P 500 ETFvs. Q2 2024SEC
Q2 2024Aug 15, 202433$141.9MVanguard Morningstar Total Stock Market ETFBRK.BVanguard S&P 500 ETFvs. Q1 2024SEC
Q1 2024May 13, 202433$138.8MVanguard Morningstar Total Stock Market ETFBRK.BVanguard S&P 500 ETFvs. Q4 2023SEC
Q4 2023Feb 12, 202432$126.3MVanguard Morningstar Total Stock Market ETFBRK.BVanguard Utilities ETFvs. Q3 2023SEC
Q3 2023Nov 16, 202333$114.1MVanguard Morningstar Total Stock Market ETFBRK.BVanguard Utilities ETFvs. Q2 2023SEC
Q2 2023Aug 9, 202332$110.1MVanguard Morningstar Total Stock Market ETFBRK.BVanguard Utilities ETFvs. Q1 2023SEC
Q1 2023May 11, 202333$104.7MVanguard Morningstar Total Stock Market ETFBRK.BVanguard Utilities ETFvs. Q4 2022SEC
Q4 2022Feb 6, 202330$98.6MVanguard Morningstar Total Stock Market ETFBRK.BVanguard Utilities ETFvs. Q3 2022SEC
Q3 2022Oct 24, 202231$91.9MVanguard Morningstar Total Stock Market ETFBRK.BVanguard Utilities ETFvs. Q2 2022SEC
Q2 2022Jul 15, 202233$97.5MVanguard Morningstar Total Stock Market ETFBerkshire Hathaway Cl BVanguard Utilities ETFvs. Q1 2022SEC
Q1 2022Apr 11, 202233$108.8MVanguard Morningstar Total Stock Market ETFBerkshire Hathaway Cl BVanguard Utilities ETFvs. Q4 2021SEC
Q4 2021Feb 14, 202234$100.8MVanguard Morningstar Total Stock Market ETFBerkshire Hathaway Cl BVanguard Utilities ETF–SEC