Drake & Associates, LLC
- SEC CIK
- 0001935795
- Latest filing
- Aug 10, 2026
The latest 13F from Drake & Associates, LLC covers Q2 2026 (filed Aug 10, 2026): 108 long positions worth $593.7M. The top 10 holdings make up 71.4% of the portfolio, and the largest is Columbia ETF Tr I at 9.1%. Livermore has 17 filings on Form 13F from this institution, going back to Q2 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.
- New
- 22
- Est. +$43.8M
- Added
- 39
- Est. +$37.2M
- Reduced
- 44
- Est. −$12.0M
- Sold out
- 11
- Est. −$39.3M
Top 5 holdings
Share of this quarter's portfolio value
- Columbia ETF Tr I19761L7069.1%$54.2M
- Fidelity Merrimack STR Tr3161883098.4%$50.0M
- Putnam ETF Trust7467293008.2%$48.6M
- State Street SPDR Portfolio S&P 500 Growth ETF78464A4097.6%$45.0M
- iShares Core S&P Mid-Cap ETF4642875077.5%$44.3M
Biggest buys
New and added positions, by estimated amount bought
- Horizon FDS44053A440+$36.4MNew
- Columbia ETF Tr I19761L706+$3.98MAdded
- Fidelity Merrimack STR Tr316188309+$3.55MAdded
- iShares Tr464288257+$3.19MAdded
- iShares Core S&P Mid-Cap ETF464287507+$3.17MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Horizon FDS44053A440+6.12 pp0.0% → 6.1%
- State Street SPDR Portfolio S&P 500 Growth ETF78464A409+0.95 pp6.6% → 7.6%
- iShares Core S&P Mid-Cap ETF464287507+0.60 pp6.9% → 7.5%
- Invesco Nasdaq 100 ETF46138G649+0.60 pp2.9% → 3.5%
- iShares Tr464288257+0.56 pp6.8% → 7.3%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $593.7M
- +$68.9M (+13.1%) vs. prior quarter
- Positions
- 108
- +11 vs. prior quarter
- Top 10 concentration
- 71.4%
- Top 10 as share of value
- Turnover
- 9.2%
- Q2 2026, one quarter
- Average holding period
- 9.8 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 (Q2 2022), so positions held before then are understated.
13F filings by quarter
17 quarters, going back to Q2 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $593.7M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 10, 2026 | 108 | $593.7M | Columbia ETF Tr IFidelity Merrimack STR TrPutnam ETF Trust | vs. Q1 2026 | SEC |
| Q1 2026 | May 13, 2026 | 97 | $524.8M | Fidelity Merrimack STR TrColumbia ETF Tr IPutnam ETF Trust | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 23, 2026 | 102 | $502.1M | Fidelity Merrimack STR TrColumbia ETF Tr IPutnam ETF Trust | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 6, 2025 | 102 | $477.4M | Fidelity Merrimack STR TrColumbia ETF Tr IPutnam ETF Trust | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 23, 2025 | 92 | $408.3M | Fidelity Merrimack STR TrColumbia ETF Tr IiShares Core S&P US Value ETF | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 29, 2025 | 89 | $355.9M | Fidelity Merrimack STR TrColumbia ETF Tr IiShares Core S&P US Value ETF | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 10, 2025 | 88 | $351.3M | Fidelity Merrimack STR TrColumbia ETF Tr IiShares Core S&P US Value ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 16, 2024 | 88 | $309.7M | Fidelity Merrimack STR TriShares Core S&P US Value ETFVanEck Morningstar Wide Moat ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 5, 2024 | 78 | $279.2M | Fidelity Merrimack STR TriShares Core S&P US Value ETFState Street SPDR Portfolio S&P 500 Growth ETF | vs. Q1 2024 | SEC |
| Q1 2024 | May 9, 2024 | 81 | $273.4M | Fidelity Merrimack STR TriShares Core S&P US Value ETFVanEck Morningstar Wide Moat ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 30, 2024 | 73 | $244.2M | Fidelity Merrimack STR TriShares Core S&P US Value ETFFirst Tr Exchng Traded FD VI | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 24, 2023 | 71 | $220.8M | Fidelity Merrimack STR TrFirst Tr Exchng Traded FD VIiShares Core S&P US Value ETF | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 11, 2023 | 74 | $223.7M | Fidelity Merrimack STR TrFirst Tr Exchng Traded FD VIiShares Core S&P US Value ETF | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 10, 2023 | 73 | $205.1M | PIMCO Enhanced Short Maturity Active Exchange-Traded FundiShares Core S&P US Value ETFFirst Tr Exchng Traded FD VI | vs. Q4 2022 | SEC |
| Q4 2022 | Jan 17, 2023 | 69 | $189.1M | PIMCO Enhanced Short Maturity Active Exchange-Traded FundiShares Core S&P US Value ETFFirst Tr Exchng Traded FD VI | vs. Q3 2022 | SEC |
| Q3 2022 | Oct 17, 2022 | 64 | $175.7M | PIMCO Enhanced Short Maturity Active Exchange-Traded FundFirst Tr Exchng Traded FD VIiShares Core S&P US Value ETF | vs. Q2 2022 | SEC |
| Q2 2022 | Aug 9, 2022 | 65 | $176.8M | PIMCO Enhanced Short Maturity Active Exchange-Traded FundFirst Tr Exchng Traded FD VIiShares Core S&P US Value ETF | – | SEC |