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Livermore
Livermore
ZHEN

Wallace Advisory Group, LLC

SEC CIK
0001932645
Latest filing
Aug 3, 2026

The latest 13F from Wallace Advisory Group, LLC covers Q2 2026 (filed Aug 3, 2026): 134 long positions worth $106.3M. The top 10 holdings make up 40.5% of the portfolio, and the largest is Merck & Co., Inc. (MRK) at 13.9%. 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
23
Est. +$9.73M
Added
51
Est. +$8.17M
Reduced
56
Est. −$6.46M
Sold out
12
Est. −$3.23M

Top 5 holdings

Share of this quarter's portfolio value

  1. MRKMerck & Co., Inc.
    13.9%$14.8MHistory
  2. CVXChevron Corp
    6.6%$7.01MHistory
  3. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    4.3%$4.54M
  4. CICigna Group
    3.0%$3.22MHistory
  5. SPYSPDR S&P 500 ETF Trust
    2.6%$2.79MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$1.51MNew
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +$1.47MNew
  3. Franklin Templeton ETF Tr35473P744
    +$1.16MNew
  4. Vanguard Total Bond Market ETF921937835
    +$710.5KNew
  5. Vanguard Ftse Developed Markets ETF921943858
    +$689.1KAdded

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +1.42 pp0.0% → 1.4%
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +1.38 pp0.0% → 1.4%
  3. Franklin Templeton ETF Tr35473P744
    +1.09 pp0.0% → 1.1%
  4. Vanguard Total Bond Market ETF921937835
    +0.67 pp0.0% → 0.7%
  5. Vanguard Ftse Developed Markets ETF921943858
    +0.64 pp0.2% → 0.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −$2.92MReduced
  2. Invesco Actvely MNGD Etc FD46090F100
    −$463.2KSold out
  3. NOWServiceNow, Inc.
    −$344.4KSold outHistory
  4. MSCIMSCI Inc.
    −$310.5KSold outHistory
  5. LLYEli Lilly & Co
    −$307.1KReducedHistory

Largest weight decreases

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

  1. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −3.70 pp8.0% → 4.3%
  2. MRKMerck & Co., Inc.
    −0.89 pp14.8% → 13.9%History
  3. Invesco Actvely MNGD Etc FD46090F100
    −0.49 pp0.5% → 0.0%
  4. NOWServiceNow, Inc.
    −0.37 pp0.4% → 0.0%History
  5. MSCIMSCI Inc.
    −0.33 pp0.3% → 0.0%History

Metrics

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

Portfolio value
$106.3M
+$12.7M (+13.6%) vs. prior quarter
Positions
134
+11 vs. prior quarter
Top 10 concentration
40.5%
Top 10 as share of value
Turnover
9.7%
Q2 2026, one quarter
Average holding period
11.7 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 $144.7M (Q4 2024)

Q4 2022: $126.7MQ1 2023: $131.5MQ2 2023: $131.5MQ3 2023: $139.3MQ4 2023: $127.7MQ1 2024: $133.1MQ2 2024: $138.9MQ3 2024: $136.7MQ4 2024: $144.7MQ1 2025: $144.5MQ2 2025: $137.8MQ3 2025: $124.4MQ4 2025: $95.3MQ1 2026: $93.6MQ2 2026: $106.3M
Q4 2022Q2 2026
13F filings of Wallace Advisory Group, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 3, 2026134$106.3MMRKCVXState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q1 2026SEC
Q1 2026Apr 21, 2026123$93.6MMRKCVXState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q4 2025SEC
Q4 2025Jan 23, 2026128$95.3MMRKCVXCIvs. Q3 2025SEC
Q3 2025Oct 16, 2025168$124.4MMRKCVXAMZNvs. Q2 2025SEC
Q2 2025Jul 30, 2025172$137.8MMRKCVXAMZNvs. Q1 2025SEC
Q1 2025Apr 9, 2025187$144.5MMRKCVXAMZNvs. Q4 2024SEC
Q4 2024Jan 14, 2025182$144.7MMRKCVXAMZNvs. Q3 2024SEC
Q3 2024Oct 4, 2024177$136.7MMRKCVXAMZNvs. Q2 2024SEC
Q2 2024Aug 15, 2024178$138.9MMRKCVXAMZNvs. Q1 2024SEC
Q1 2024Apr 12, 2024171$133.1MMRKCVXAMZNvs. Q4 2023SEC
Q4 2023Jan 9, 2024164$127.7MMRKCVXBondbloxx ETF Trustvs. Q3 2023SEC
Q3 2023Oct 5, 2023173$139.3MMRKBondbloxx ETF TrustCVXvs. Q2 2023SEC
Q2 2023Jul 11, 2023173$131.5MMRKCVXiShares Trvs. Q1 2023SEC
Q1 2023May 11, 2023174$131.5MMRKCVXiShares Trvs. Q4 2022SEC
Q4 2022Feb 21, 2023158$126.7MMRKWisdomTree TrCVX–SEC