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Livermore
Livermore
ZHEN

Longbow Finance SA

SEC CIK
0001965552
Latest filing
Jul 29, 2026

The latest 13F from Longbow Finance SA covers Q2 2026 (filed Jul 29, 2026): 59 long positions worth $782.1M. The top 10 holdings make up 42.9% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 8.1%. Livermore has 16 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
13
Est. +$108.9M
Added
28
Est. +$137.7M
Reduced
16
Est. −$81.5M
Sold out
9
Est. −$45.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    8.1%$63.7MHistory
  2. AAPLApple Inc.
    6.9%$54.0MHistory
  3. GOOGAlphabet Inc.
    6.8%$53.4MHistory
  4. AMZNAmazon Com Inc
    4.5%$34.8MHistory
  5. MSFTMicrosoft Corp
    4.1%$31.9MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. GOOGAlphabet Inc.
    +$16.7MAddedHistory
  2. AXPAmerican Express Co
    +$16.1MNewHistory
  3. NVDANVIDIA Corp
    +$16.0MAddedHistory
  4. IBKRInteractive Brokers Group, Inc.
    +$14.0MNewHistory
  5. BNYBank of New York Mellon Corp
    +$13.1MNewHistory

Largest weight increases

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

  1. AXPAmerican Express Co
    +2.05 pp0.0% → 2.1%History
  2. IBKRInteractive Brokers Group, Inc.
    +1.79 pp0.0% → 1.8%History
  3. BNYBank of New York Mellon Corp
    +1.67 pp0.0% → 1.7%History
  4. GOOGAlphabet Inc.
    +1.43 pp5.4% → 6.8%History
  5. EXPEExpedia Group, Inc.
    +1.31 pp0.0% → 1.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. INTCIntel Corp
    −$17.5MReducedHistory
  2. KLACKLA Corp
    −$14.9MReducedConverted for a 10-for-1 splitHistory
  3. PANWPalo Alto Networks Inc
    −$9.98MReducedHistory
  4. CBOECboe Global Markets, Inc.
    −$8.37MSold outHistory
  5. XOMExxonMobil Holdings Corp
    −$7.15MReducedHistory

Largest weight decreases

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

  1. XOMExxonMobil Holdings Corp
    −3.33 pp5.6% → 2.3%History
  2. CBOECboe Global Markets, Inc.
    −1.52 pp1.5% → 0.0%History
  3. MCKMcKesson Corp
    −1.46 pp2.5% → 1.1%History
  4. MCDMcDonalds Corp
    −1.29 pp1.3% → 0.0%History
  5. ABBVAbbVie Inc.
    −1.01 pp1.8% → 0.8%History

Metrics

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

Portfolio value
$782.1M
+$230.0M (+41.6%) vs. prior quarter
Positions
59
+4 vs. prior quarter
Top 10 concentration
42.9%
Top 10 as share of value
Turnover
19.1%
Q2 2026, one quarter
Average holding period
8.6 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 $1.01B (Q3 2025)

Q4 2022: $742.4MQ1 2023: $794.2MQ2 2023: $858.8MQ3 2023: $831.3MQ4 2023: $985.0MQ1 2024: $988.9MQ2 2024: $967.4MQ3 2024: $937.2MQ4 2024: $915.1MQ1 2025: $834.8MQ2 2025: $937.1MQ3 2025: $1.01BQ4 2025: $590.6MQ1 2026: $552.2MQ2 2026: $782.1M
Q4 2022Q2 2026
13F filings of Longbow Finance SA by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 29, 202659$782.1MNVDAAAPLGOOGvs. Q1 2026SEC
Q1 2026May 12, 202655$552.2MNVDAAAPLXOMvs. Q4 2025SEC
Q4 2025Feb 12, 202662$590.6MNVDAMSFTAAPLvs. Q3 2025SEC
Q3 2025Nov 6, 202569$1.01BNVDAMSFTAAPLvs. Q2 2025SEC
Q2 2025Aug 5, 202571$937.1MNVDAMSFTAAPLvs. Q1 2025SEC
Q1 2025May 7, 202580$834.8MNVDAAAPLGOOGvs. Q4 2024SEC
Q4 2024Feb 4, 202572$915.1MNVDAAAPLMSFTvs. Q3 2024SEC
Q3 2024Nov 12, 202487$937.2MState Street Consumer Discretionary Select Sector SPDR ETFMSFTAAPLvs. Q2 2024SEC
Q2 2024Aug 12, 202485$967.4MState Street Consumer Discretionary Select Sector SPDR ETFMSFTState Street Industrial Select Sector SPDR ETFvs. Q1 2024SEC
Q1 2024Apr 30, 202484$988.9MState Street Consumer Discretionary Select Sector SPDR ETFState Street Industrial Select Sector SPDR ETFMSFTvs. Q4 2023SEC
Q4 2023Feb 9, 202463$985.0MAAPLGOOGMSFTvs. Q3 2023SEC
Q3 2023Nov 13, 202360$831.3MGOOGAAPLMSFTvs. Q2 2023SEC
Q2 2023Nov 13, 202359$858.8MAAPLMSFTGOOGvs. Q1 2023SEC
Q1 2023May 12, 202360$794.2MMSFTGOOGAAPLvs. Q4 2022SEC
Q4 2022Mar 24, 2023Amended57$742.4MMSFTAAPLGOOG–SEC