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GDS Wealth Management

SEC CIK
0001940869
Latest filing
Aug 13, 2026

The latest 13F from GDS Wealth Management covers Q2 2026 (filed Aug 13, 2026): 232 long positions worth $2.10B. The top 10 holdings make up 31.3% of the portfolio, and the largest is iShares Iboxx $ Investment Grade Corporate Bond ETF at 6.2%. 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
40
Est. +$81.1M
Added
123
Est. +$182.3M
Reduced
44
Est. −$117.6M
Sold out
8
Est. −$10.4M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    6.2%$129.7M
  2. MUMicron Technology Inc
    4.2%$89.2MHistory
  3. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    3.5%$74.4M
  4. Vanguard Scottsdale FDS92206C813
    3.4%$71.6M
  5. AMDAdvanced Micro Devices Inc
    2.7%$55.9MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    +$21.3MAdded
  2. NEMNEWMONT Corp
    +$15.1MNewHistory
  3. LLYEli Lilly & Co
    +$10.7MAddedHistory
  4. PHParker-Hannifin Corp
    +$10.4MNewHistory
  5. ISRGIntuitive Surgical Inc
    +$9.48MNewHistory

Largest weight increases

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

  1. AMDAdvanced Micro Devices Inc
    +1.51 pp1.1% → 2.7%History
  2. HPEHewlett Packard Enterprise Co
    +0.79 pp1.5% → 2.3%History
  3. NEMNEWMONT Corp
    +0.72 pp0.0% → 0.7%History
  4. AMATApplied Materials Inc
    +0.65 pp0.7% → 1.3%History
  5. LLYEli Lilly & Co
    +0.52 pp0.4% → 0.9%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MUMicron Technology Inc
    −$51.7MReducedHistory
  2. First Tr Exchange-Traded FD33739Q408
    −$29.9MReduced
  3. MSIMotorola Solutions, Inc.
    −$11.8MReducedHistory
  4. BSXBoston Scientific Corp
    −$8.53MSold outHistory
  5. TWTradeweb Markets Inc.
    −$7.09MReducedHistory

Largest weight decreases

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

  1. First Tr Exchange-Traded FD33739Q408
    −1.95 pp2.5% → 0.6%
  2. MSIMotorola Solutions, Inc.
    −0.76 pp0.8% → <0.1%History
  3. TSCOTractor Supply Co
    −0.55 pp0.6% → <0.1%History
  4. TWTradeweb Markets Inc.
    −0.52 pp0.6% → <0.1%History
  5. BSXBoston Scientific Corp
    −0.51 pp0.5% → 0.0%History

Metrics

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

Portfolio value
$2.10B
+$437.5M (+26.3%) vs. prior quarter
Positions
232
+32 vs. prior quarter
Top 10 concentration
31.3%
Top 10 as share of value
Turnover
6.8%
Q2 2026, one quarter
Average holding period
12.9 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 $2.10B (Q2 2026)

Q4 2021: $447.1MQ1 2022: $454.2MQ2 2022: $446.2MQ3 2022: $449.1MQ4 2022: $523.6MQ1 2023: $565.8MQ2 2023: $616.1MQ3 2023: $636.0MQ4 2023: $741.6MQ1 2024: $853.9MQ2 2024: $911.6MQ3 2024: $1.03BQ4 2024: $1.10BQ1 2025: $1.17BQ2 2025: $1.37BQ3 2025: $1.51BQ4 2025: $1.60BQ1 2026: $1.66BQ2 2026: $2.10B
Q4 2021Q2 2026
13F filings of GDS Wealth Management by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026232$2.10BiShares Iboxx $ Investment Grade Corporate Bond ETFMUVanguard Intermediate-Term Corporate Bond ETFvs. Q1 2026SEC
Q1 2026Apr 27, 2026200$1.66BiShares Iboxx $ Investment Grade Corporate Bond ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q4 2025SEC
Q4 2025Feb 2, 2026188$1.60BiShares Iboxx $ Investment Grade Corporate Bond ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q3 2025SEC
Q3 2025Oct 31, 2025186$1.51BiShares Iboxx $ Investment Grade Corporate Bond ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q2 2025SEC
Q2 2025Aug 12, 2025175$1.37BiShares Iboxx $ Investment Grade Corporate Bond ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q1 2025SEC
Q1 2025May 14, 2025167$1.17BiShares Iboxx $ Investment Grade Corporate Bond ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q4 2024SEC
Q4 2024Jan 24, 2025171$1.10BiShares Iboxx $ Investment Grade Corporate Bond ETFFirst Tr Exchange-Traded FDVanguard Intermediate-Term Corporate Bond ETFvs. Q3 2024SEC
Q3 2024Nov 4, 2024165$1.03BFirst Tr Exchange-Traded FDiShares Iboxx $ Investment Grade Corporate Bond ETFiShares Core S&P US Value ETFvs. Q2 2024SEC
Q2 2024Aug 9, 2024141$911.6MiShares Iboxx $ Investment Grade Corporate Bond ETFiShares Core S&P US Value ETFFirst Tr Exchange-Traded FDvs. Q1 2024SEC
Q1 2024Apr 24, 2024137$853.9MiShares Iboxx $ Investment Grade Corporate Bond ETFiShares Core S&P US Value ETFiShares Core S&P 500 ETFvs. Q4 2023SEC
Q4 2023Feb 7, 2024130$741.6MiShares Core S&P US Value ETFiShares Iboxx $ Investment Grade Corporate Bond ETFiShares Core S&P 500 ETFvs. Q3 2023SEC
Q3 2023Oct 19, 2023122$636.0MFirst Tr Exchng Traded FD VIiShares Core S&P US Value ETFiShares Iboxx $ Investment Grade Corporate Bond ETFvs. Q2 2023SEC
Q2 2023Jul 27, 2023122$616.1MFirst Tr Exchng Traded FD VIiShares Core S&P US Value ETFiShares Iboxx $ Investment Grade Corporate Bond ETFvs. Q1 2023SEC
Q1 2023May 10, 2023110$565.8MFirst Tr Exchng Traded FD VIiShares Iboxx $ Investment Grade Corporate Bond ETFiShares Core S&P US Value ETFvs. Q4 2022SEC
Q4 2022Jan 26, 2023117$523.6MiShares Core S&P US Value ETFFirst Tr Exchng Traded FD VIiShares Iboxx $ Investment Grade Corporate Bond ETFvs. Q3 2022SEC
Q3 2022Oct 20, 2022104$449.1MiShares Core S&P US Value ETFiShares Core S&P 500 ETFFirst Tr Exchange-Traded FDvs. Q2 2022SEC
Q2 2022Aug 5, 2022101$446.2MiShares Core S&P US Value ETFiShares Core S&P 500 ETFiShares Trvs. Q1 2022SEC
Q1 2022Aug 5, 2022102$454.2MiShares Core S&P US Value ETFiShares Core S&P 500 ETFiShares Core MSCI Eafe ETFvs. Q4 2021SEC
Q4 2021Aug 5, 2022101$447.1MiShares Core S&P 500 ETFiShares Core S&P US Value ETFiShares Core MSCI Eafe ETF–SEC