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Security Financial Services, INC.

SEC CIK
0001913590
Latest filing
Jul 15, 2026

The latest 13F from Security Financial Services, INC. covers Q2 2026 (filed Jul 15, 2026): 203 long positions worth $720.8M. The top 10 holdings make up 40.5% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 ETF at 12.1%. Livermore has 20 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. +$19.2M
Added
89
Est. +$51.0M
Reduced
83
Est. −$45.3M
Sold out
19
Est. −$14.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    12.1%$87.5M
  2. BlackRock ETF Trust09290C764
    4.8%$34.6M
  3. iShares S&P 500 Growth ETF464287309
    4.6%$33.0M
  4. BlackRock ETF Trust09290C103
    3.9%$28.1M
  5. iShares S&P 500 Value ETF464287408
    3.5%$25.3M

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$27.2MAdded
  2. BlackRock ETF Trust09290C665
    +$13.8MNew
  3. Vanguard Scottsdale FDS92206C706
    +$5.96MAdded
  4. iShares Tr46434V613
    +$3.08MAdded
  5. Global X FDS37954Y632
    +$1.97MAdded

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +3.84 pp8.3% → 12.1%
  2. BlackRock ETF Trust09290C665
    +1.91 pp0.0% → 1.9%
  3. Vanguard Scottsdale FDS92206C706
    +0.65 pp1.3% → 2.0%
  4. Global X FDS37954Y632
    +0.32 pp0.2% → 0.5%
  5. iShares Tr46434V613
    +0.24 pp1.5% → 1.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPDR Series Trust78464A664
    −$9.05MReduced
  2. Invesco S&P 500 Quality ETF46137V241
    −$8.20MSold out
  3. iShares S&P 500 Value ETF464287408
    −$5.03MReduced
  4. BlackRock ETF Trust09290C780
    −$4.38MReduced
  5. BlackRock ETF Trust09290C806
    −$3.86MReduced

Largest weight decreases

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

  1. SPDR Series Trust78464A664
    −1.66 pp3.3% → 1.6%
  2. Invesco S&P 500 Quality ETF46137V241
    −1.30 pp1.3% → 0.0%
  3. iShares S&P 500 Value ETF464287408
    −0.95 pp4.5% → 3.5%
  4. iShares Tr464288877
    −0.51 pp0.6% → 0.1%
  5. BlackRock ETF Trust09290C806
    −0.45 pp2.0% → 1.6%

Metrics

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

Portfolio value
$720.8M
+$88.5M (+14.0%) vs. prior quarter
Positions
203
0 vs. prior quarter
Top 10 concentration
40.5%
Top 10 as share of value
Turnover
8.9%
Q2 2026, one quarter
Average holding period
13.9 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 $720.8M (Q2 2026)

Q4 2021: $299.7MQ1 2022: $315.5MQ2 2022: $313.7MQ3 2022: $293.4MQ4 2022: $322.5MQ1 2023: $329.1MQ2 2023: $352.4MQ3 2023: $354.2MQ4 2023: $407.7MQ1 2024: $443.1MQ2 2024: $460.2MQ3 2024: $491.1MQ4 2024: $491.1MQ1 2025: $503.8MQ2 2025: $566.3MQ3 2025: $618.6MQ4 2025: $636.9MQ1 2026: $632.3MQ2 2026: $720.8M
Q4 2021Q2 2026
13F filings of Security Financial Services, INC. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 15, 2026203$720.8MState Street SPDR Portfolio S&P 500 ETFBlackRock ETF TrustiShares S&P 500 Growth ETFvs. Q1 2026SEC
Q1 2026May 27, 2026203$632.3MState Street SPDR Portfolio S&P 500 ETFBlackRock ETF TrustiShares S&P 500 Value ETFvs. Q4 2025SEC
Q4 2025Jan 27, 2026212$636.9MState Street SPDR Portfolio S&P 500 ETFBlackRock ETF TrustiShares S&P 500 Value ETFvs. Q3 2025SEC
Q3 2025Oct 14, 2025202$618.6MState Street SPDR Portfolio S&P 500 ETFBlackRock ETF TrustiShares S&P 500 Growth ETFvs. Q2 2025SEC
Q2 2025Aug 8, 2025181$566.3MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Growth ETFiShares MSCI USA Quality Factor ETFvs. Q1 2025SEC
Q1 2025May 7, 2025169$503.8MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Growth ETFiShares MSCI USA Quality Factor ETFvs. Q4 2024SEC
Q4 2024Feb 13, 2025167$491.1MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Growth ETFiShares MSCI USA Quality Factor ETFvs. Q3 2024SEC
Q3 2024Nov 5, 2024163$491.1MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Growth ETFiShares MSCI USA Quality Factor ETFvs. Q2 2024SEC
Q2 2024Jul 23, 2024162$460.2MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Growth ETFiShares MSCI USA Quality Factor ETFvs. Q1 2024SEC
Q1 2024Apr 11, 2024185$443.1MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFDimensional ETF Trustvs. Q4 2023SEC
Q4 2023Jan 16, 2024165$407.7MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFDimensional ETF Trustvs. Q3 2023SEC
Q3 2023Nov 7, 2023162$354.2MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFiShares Trvs. Q2 2023SEC
Q2 2023Aug 11, 2023150$352.4MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFiShares MSCI USA Min Vol Factor ETFvs. Q1 2023SEC
Q1 2023May 2, 2023133$329.1MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFiShares MSCI USA Min Vol Factor ETFvs. Q4 2022SEC
Q4 2022Jan 30, 2023133$322.5MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFiShares Trvs. Q3 2022SEC
Q3 2022Oct 19, 2022130$293.4MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFiShares Trvs. Q2 2022SEC
Q2 2022Jul 20, 2022127$313.7MState Street SPDR Portfolio S&P 500 ETFiShares TriShares Trvs. Q1 2022SEC
Q1 2022Apr 27, 2022Amended131$315.5MState Street SPDR Portfolio S&P 500 ETFiShares TriShares Trvs. Q4 2021SEC
Q4 2021Mar 15, 2022133$299.7MiShares TrState Street SPDR Portfolio S&P 500 ETFiShares Tr–SEC