Skip to main content
Livermore
Livermore
ZHEN

Dravo Bay LLC

SEC CIK
0001910389
Latest filing
Aug 11, 2026

The latest 13F from Dravo Bay LLC covers Q2 2026 (filed Aug 11, 2026): 51 long positions worth $289.0M. The top 10 holdings make up 77.4% of the portfolio, and the largest is Schwab U.S. Large-Cap Value ETF at 17.5%. 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
1
Est. +$201.4K
Added
24
Est. +$23.1M
Reduced
22
Est. −$2.82M
Sold out
4
Est. −$1.68M

Top 5 holdings

Share of this quarter's portfolio value

  1. Schwab U.S. Large-Cap Value ETF808524409
    17.5%$50.6M
  2. Schwab U.S. Large-Cap Growth ETF808524300
    16.5%$47.8M
  3. Vanguard Ftse Developed Markets ETF921943858
    9.7%$27.9M
  4. Dimensional ETF Trust25434V872
    6.1%$17.6M
  5. Dimensional ETF Trust25434V567
    5.9%$16.9M

Biggest buys

New and added positions, by estimated amount bought

  1. Schwab U.S. Large-Cap Growth ETF808524300
    +$4.65MAdded
  2. Schwab U.S. Large-Cap Value ETF808524409
    +$4.35MAdded
  3. Dimensional ETF Trust25434V872
    +$2.54MAdded
  4. Dimensional ETF Trust25434V864
    +$2.38MAdded
  5. Dimensional ETF Trust25434V567
    +$2.31MAdded

Largest weight increases

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

  1. Schwab U.S. Large-Cap Growth ETF808524300
    +1.45 pp15.1% → 16.5%
  2. Schwab U.S. Large-Cap Value ETF808524409
    +1.05 pp16.5% → 17.5%
  3. Dimensional U.S. Small Cap ETF25434V500
    +0.38 pp4.3% → 4.7%
  4. Vanguard Ftse Developed Markets ETF921943858
    +0.24 pp9.4% → 9.7%
  5. Dimensional ETF Trust25434V740
    +0.12 pp1.6% → 1.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Dimensional Ultrashort Fixed Income ETF25434V591
    −$1.45MReduced
  2. SPDR Series Trust78464A672
    −$696.8KSold out
  3. iShares Tr464288588
    −$452.5KSold out
  4. State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375
    −$329.0KSold out
  5. DRIDarden Restaurants Inc
    −$206.0KReducedHistory

Largest weight decreases

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

  1. Dimensional Ultrashort Fixed Income ETF25434V591
    −0.68 pp1.2% → 0.5%
  2. iShares Tr464288414
    −0.35 pp2.1% → 1.7%
  3. SPDR Series Trust78464A672
    −0.28 pp0.3% → 0.0%
  4. iShares Tr464288588
    −0.18 pp0.2% → 0.0%
  5. iShares Core MSCI Eafe ETF46432F842
    −0.15 pp1.3% → 1.1%

Metrics

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

Portfolio value
$289.0M
+$42.8M (+17.4%) vs. prior quarter
Positions
51
−3 vs. prior quarter
Top 10 concentration
77.4%
Top 10 as share of value
Turnover
1.7%
Q2 2026, one quarter
Average holding period
15.4 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 $289.0M (Q2 2026)

Q4 2021: $116.3MQ1 2022: $125.4MQ2 2022: $117.1MQ3 2022: $110.2MQ4 2022: $122.4MQ1 2023: $133.1MQ2 2023: $136.1MQ3 2023: $137.5MQ4 2023: $149.1MQ1 2024: $168.1MQ2 2024: $180.0MQ3 2024: $194.4MQ4 2024: $206.3MQ1 2025: $188.7MQ2 2025: $206.7MQ3 2025: $226.4MQ4 2025: $240.7MQ1 2026: $246.1MQ2 2026: $289.0M
Q4 2021Q2 2026
13F filings of Dravo Bay LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 11, 202651$289.0MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap Growth ETFVanguard Ftse Developed Markets ETFvs. Q1 2026SEC
Q1 2026May 7, 202654$246.1MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap Growth ETFVanguard Ftse Developed Markets ETFvs. Q4 2025SEC
Q4 2025Jan 27, 202651$240.7MSchwab U.S. Large-Cap Growth ETFSchwab U.S. Large-Cap Value ETFVanguard Ftse Developed Markets ETFvs. Q3 2025SEC
Q3 2025Nov 6, 202548$226.4MSchwab U.S. Large-Cap Growth ETFSchwab U.S. Large-Cap Value ETFVanguard Ftse Developed Markets ETFvs. Q2 2025SEC
Q2 2025Aug 5, 202548$206.7MSchwab U.S. Large-Cap Growth ETFSchwab U.S. Large-Cap Value ETFVanguard Ftse Developed Markets ETFvs. Q1 2025SEC
Q1 2025May 2, 202546$188.7MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap Growth ETFVanguard Ftse Developed Markets ETFvs. Q4 2024SEC
Q4 2024Feb 6, 202551$206.3MSchwab U.S. Large-Cap Growth ETFSchwab U.S. Large-Cap Value ETFVanguard Ftse Developed Markets ETFvs. Q3 2024SEC
Q3 2024Nov 4, 202445$194.4MSchwab U.S. Large-Cap Value ETFSchwab U.S. Large-Cap Growth ETFVanguard Ftse Developed Markets ETFvs. Q2 2024SEC
Q2 2024Aug 9, 202449$180.0MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q1 2024SEC
Q1 2024Apr 29, 202448$168.1MVanguard Ftse Developed Markets ETFSchwab U.S. Large-Cap ETFVanguard Total Bond Market ETFvs. Q4 2023SEC
Q4 2023Feb 6, 202446$149.1MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q3 2023SEC
Q3 2023Nov 7, 202343$137.5MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q2 2023SEC
Q2 2023Aug 8, 202342$136.1MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q1 2023SEC
Q1 2023May 15, 202343$133.1MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q4 2022SEC
Q4 2022Feb 14, 202344$122.4MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q3 2022SEC
Q3 2022Nov 14, 202240$110.2MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q2 2022SEC
Q2 2022Aug 15, 202238$117.1MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q1 2022SEC
Q1 2022May 10, 2022173$125.4MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETFvs. Q4 2021SEC
Q4 2021Feb 15, 202236$116.3MSchwab U.S. Large-Cap ETFVanguard Ftse Developed Markets ETFVanguard Total Bond Market ETF–SEC