Skip to main content
Livermore
Livermore
ZHEN

Marion Wealth Management

SEC CIK
0001911097
Latest filing
Jul 16, 2026

The latest 13F from Marion Wealth Management covers Q2 2026 (filed Jul 16, 2026): 156 long positions worth $490.2M. The top 10 holdings make up 42.3% of the portfolio, and the largest is Vanguard Intermediate-Term Corporate Bond ETF at 8.8%. 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
19
Est. +$5.04M
Added
67
Est. +$17.2M
Reduced
49
Est. −$8.81M
Sold out
5
Est. −$1.22M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    8.8%$43.2M
  2. iShares Core MSCI Eafe ETF46432F842
    6.8%$33.2M
  3. iShares Core MSCI Emerging Markets ETF46434G103
    4.4%$21.6M
  4. Vanguard Morningstar Mid-Cap Growth ETF922908538
    3.9%$19.2M
  5. WisdomTree Tr97717W505
    3.7%$18.0M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    +$3.24MAdded
  2. SBUXStarbucks Corp
    +$2.62MAddedHistory
  3. Vanguard Scottsdale FDS92206C706
    +$1.65MAdded
  4. WisdomTree Tr97717W505
    +$1.00MAdded
  5. Vanguard Morningstar Mid-Cap Growth ETF922908538
    +$736.6KAdded

Largest weight increases

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

  1. SBUXStarbucks Corp
    +0.54 pp<0.1% → 0.6%History
  2. Vanguard Morningstar Mid-Cap Growth ETF922908538
    +0.47 pp3.4% → 3.9%
  3. AAPLApple Inc.
    +0.20 pp2.2% → 2.4%History
  4. LLYEli Lilly & Co
    +0.17 pp0.7% → 0.9%History
  5. WisdomTree Tr97717W505
    +0.17 pp3.5% → 3.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Scottsdale FDS92206C409
    −$1.78MReduced
  2. iShares Core MSCI Emerging Markets ETF46434G103
    −$1.27MReduced
  3. Vanguard Scottsdale FDS92206C102
    −$680.8KReduced
  4. FLXSFlexsteel Industries Inc
    −$640.5KReducedHistory
  5. ADIAnalog Devices Inc
    −$572.3KReducedHistory

Largest weight decreases

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

  1. Invesco Actvely MNGD Etc FD46090F100
    −0.79 pp4.3% → 3.5%
  2. Vanguard Scottsdale FDS92206C409
    −0.59 pp2.7% → 2.1%
  3. MLPBUBS AG
    −0.37 pp3.9% → 3.5%History
  4. Vanguard Scottsdale FDS92206C102
    −0.25 pp1.3% → 1.0%
  5. CBOECboe Global Markets, Inc.
    −0.15 pp0.7% → 0.5%History

Metrics

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

Portfolio value
$490.2M
+$39.6M (+8.8%) vs. prior quarter
Positions
156
+14 vs. prior quarter
Top 10 concentration
42.3%
Top 10 as share of value
Turnover
2.1%
Q2 2026, one quarter
Average holding period
16.2 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 $490.2M (Q2 2026)

Q4 2021: $210.6MQ1 2022: $204.8MQ2 2022: $190.9MQ3 2022: $194.8MQ4 2022: $237.2MQ1 2023: $268.1MQ2 2023: $281.5MQ3 2023: $284.0MQ4 2023: $312.8MQ1 2024: $335.0MQ2 2024: $340.5MQ3 2024: $375.0MQ4 2024: $377.1MQ1 2025: $374.4MQ2 2025: $399.5MQ3 2025: $421.6MQ4 2025: $450.0MQ1 2026: $450.5MQ2 2026: $490.2M
Q4 2021Q2 2026
13F filings of Marion Wealth Management by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 16, 2026156$490.2MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFiShares Core MSCI Emerging Markets ETFvs. Q1 2026SEC
Q1 2026May 12, 2026142$450.5MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFiShares Core MSCI Emerging Markets ETFvs. Q4 2025SEC
Q4 2025Jan 26, 2026144$450.0MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFiShares Core MSCI Emerging Markets ETFvs. Q3 2025SEC
Q3 2025Oct 10, 2025136$421.6MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFiShares Core MSCI Emerging Markets ETFvs. Q2 2025SEC
Q2 2025Aug 5, 2025131$399.5MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFiShares Core MSCI Emerging Markets ETFvs. Q1 2025SEC
Q1 2025Apr 8, 2025128$374.4MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q4 2024SEC
Q4 2024Jan 13, 2025132$377.1MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q3 2024SEC
Q3 2024Oct 7, 2024126$375.0MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q2 2024SEC
Q2 2024Jul 9, 2024119$340.5MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q1 2024SEC
Q1 2024Apr 8, 2024121$335.0MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q4 2023SEC
Q4 2023Jan 10, 2024118$312.8MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q3 2023SEC
Q3 2023Oct 18, 2023109$284.0MVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSiShares Core MSCI Eafe ETFvs. Q2 2023SEC
Q2 2023Jul 24, 2023106$281.5MVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSiShares Core MSCI Eafe ETFvs. Q1 2023SEC
Q1 2023Apr 24, 2023105$268.1MVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSiShares Core MSCI Eafe ETFvs. Q4 2022SEC
Q4 2022Jan 19, 2023102$237.2MVanguard Intermediate-Term Corporate Bond ETFiShares Core MSCI Eafe ETFVanguard Scottsdale FDSvs. Q3 2022SEC
Q3 2022Nov 10, 2022101$194.8MState Street SPDR Portfolio Intermediate Term Corporate Bond ETFState Street SPDR Portfolio Short Term Corporate Bond ETFiShares Core MSCI Eafe ETFvs. Q2 2022SEC
Q2 2022Jul 27, 2022100$190.9MState Street SPDR Portfolio Intermediate Term Corporate Bond ETFState Street SPDR Portfolio Short Term Corporate Bond ETFiShares Core MSCI Emerging Markets ETFvs. Q1 2022SEC
Q1 2022Apr 8, 202295$204.8MVanguard Intermediate-Term Corporate Bond ETFState Street SPDR Portfolio Short Term Corporate Bond ETFiShares Trvs. Q4 2021SEC
Q4 2021Feb 14, 202297$210.6MVanguard Intermediate-Term Corporate Bond ETFState Street SPDR Portfolio Short Term Corporate Bond ETFiShares Tr–SEC