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Livermore
Livermore
ZHEN

KFG Wealth Management, LLC

SEC CIK
0001919344
Latest filing
Jul 22, 2026

The latest 13F from KFG Wealth Management, LLC covers Q2 2026 (filed Jul 22, 2026): 224 long positions worth $885.6M. The top 10 holdings make up 57.6% of the portfolio, and the largest is Fidelity Covington Trust at 16.5%. Livermore has 15 filings on Form 13F from this institution, going back to Q4 2022.

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
27
Est. +$8.85M
Added
114
Est. +$48.6M
Reduced
64
Est. −$10.2M
Sold out
18
Est. −$7.91M

Top 5 holdings

Share of this quarter's portfolio value

  1. Fidelity Covington Trust316092113
    16.5%$146.1M
  2. ETF Ser Solutions26922A222
    8.6%$75.9M
  3. Fidelity Covington Trust31609A404
    6.8%$60.5M
  4. ETF Ser Solutions26922A388
    6.5%$57.2M
  5. Fidelity Covington Trust31609A503
    4.3%$38.5M

Biggest buys

New and added positions, by estimated amount bought

  1. Fidelity Covington Trust316092113
    +$7.58MAdded
  2. Fidelity Covington Trust31609A404
    +$4.02MAdded
  3. ETF Ser Solutions26922A222
    +$2.91MAdded
  4. ETF Ser Solutions26922A388
    +$2.71MAdded
  5. Innovator ETFs Trust45782C730
    +$2.39MAdded

Largest weight increases

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

  1. Fidelity Covington Trust316092113
    +1.00 pp15.5% → 16.5%
  2. Fidelity Covington Trust31609A206
    +0.35 pp2.1% → 2.5%
  3. Ea Series Trust02072L607
    +0.27 pp1.3% → 1.6%
  4. NVDANVIDIA Corp
    +0.24 pp0.6% → 0.8%History
  5. Innovator ETFs Trust45782C730
    +0.23 pp0.4% → 0.6%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Innovator U.S. Equity Ultra Buffer ETF - October45782C821
    −$1.83MReduced
  2. Innovator ETFs Trust45782C672
    −$1.23MReduced
  3. Innovator ETFs Trust45782C649
    −$1.06MReduced
  4. PEPPepsiCo Inc
    −$776.3KSold outHistory
  5. iShares Semiconductor ETF464287523
    −$736.1KReduced

Largest weight decreases

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

  1. Innovator U.S. Equity Ultra Buffer ETF - October45782C821
    −0.24 pp0.6% → 0.4%
  2. Innovator ETFs Trust45782C672
    −0.18 pp0.6% → 0.5%
  3. Innovator ETFs Trust45782C649
    −0.15 pp0.4% → 0.3%
  4. PEPPepsiCo Inc
    −0.10 pp0.1% → 0.0%History
  5. HSYHershey Co
    −0.09 pp0.1% → 0.0%History

Metrics

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

Portfolio value
$885.6M
+$112.2M (+14.5%) vs. prior quarter
Positions
224
+9 vs. prior quarter
Top 10 concentration
57.6%
Top 10 as share of value
Turnover
2.2%
Q2 2026, one quarter
Average holding period
8.8 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 2022), so positions held before then are understated.

13F filings by quarter

15 quarters, going back to Q4 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $885.6M (Q2 2026)

Q4 2022: $97.6MQ1 2023: $144.4MQ2 2023: $171.0MQ3 2023: $184.1MQ4 2023: $219.2MQ1 2024: $243.4MQ2 2024: $252.2MQ3 2024: $460.0MQ4 2024: $535.0MQ1 2025: $550.1MQ2 2025: $622.1MQ3 2025: $692.6MQ4 2025: $747.7MQ1 2026: $773.4MQ2 2026: $885.6M
Q4 2022Q2 2026
13F filings of KFG Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 22, 2026224$885.6MFidelity Covington TrustETF Ser SolutionsFidelity Covington Trustvs. Q1 2026SEC
Q1 2026Apr 20, 2026215$773.4MFidelity Covington TrustETF Ser SolutionsFidelity Covington Trustvs. Q4 2025SEC
Q4 2025Jan 21, 2026213$747.7MFidelity Covington TrustETF Ser SolutionsETF Ser Solutionsvs. Q3 2025SEC
Q3 2025Oct 7, 2025205$692.6MFidelity Covington TrustETF Ser SolutionsETF Ser Solutionsvs. Q2 2025SEC
Q2 2025Jul 14, 2025200$622.1MFidelity Covington TrustETF Ser SolutionsETF Ser Solutionsvs. Q1 2025SEC
Q1 2025Apr 11, 2025189$550.1MFidelity Covington TrustETF Ser SolutionsETF Ser Solutionsvs. Q4 2024SEC
Q4 2024Jan 21, 2025182$535.0MFidelity Covington TrustETF Ser SolutionsETF Ser Solutionsvs. Q3 2024SEC
Q3 2024Oct 15, 2024181$460.0MFidelity Covington TrustETF Ser SolutionsETF Ser Solutionsvs. Q2 2024SEC
Q2 2024Jul 19, 2024157$252.2MInvesco QQQ Trust Series IInnovator ETFs TrustInnovator ETFs Trustvs. Q1 2024SEC
Q1 2024Apr 19, 2024156$243.4MInnovator ETFs TrustInvesco QQQ Trust Series IInnovator ETFs Trustvs. Q4 2023SEC
Q4 2023Jan 31, 2024131$219.2MInnovator ETFs TrustInvesco QQQ Trust Series IInnovator ETFs Trustvs. Q3 2023SEC
Q3 2023Oct 17, 2023127$184.1MInvesco QQQ Trust Series IInnovator ETFs TrustInnovator ETFs Trustvs. Q2 2023SEC
Q2 2023Jul 18, 2023118$171.0MInvesco QQQ Trust Series ISPYInnovator ETFs Trustvs. Q1 2023SEC
Q1 2023Apr 14, 202394$144.4MInvesco QQQ Trust Series ISPYiShares Trvs. Q4 2022SEC
Q4 2022Jan 18, 202375$97.6MiShares TrSPYInvesco Exch Traded FD Tr II–SEC