Tanglewood Legacy Advisors, LLC
- SEC CIK
- 0001965616
- Latest filing
- Aug 10, 2026
The latest 13F from Tanglewood Legacy Advisors, LLC covers Q2 2026 (filed Aug 10, 2026): 280 long positions worth $309.8M. The top 10 holdings make up 62.6% of the portfolio, and the largest is iShares Core S&P U.S. Growth ETF at 20.4%. 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.
- New
- 15
- Est. +$345.7K
- Added
- 24
- Est. +$3.75M
- Reduced
- 34
- Est. −$2.49M
- Sold out
- 4
- Est. −$48.3K
Top 5 holdings
Share of this quarter's portfolio value
- iShares Core S&P U.S. Growth ETF46428767120.4%$63.2M
- iShares Core S&P US Value ETF46428766313.6%$42.2M
- Invesco Exch Traded FD Tr II46138G69812.0%$37.2M
- Pgim ETF Tr69344A8343.5%$11.0M
- iShares Russell Midcap ETF4642874993.3%$10.3M
Biggest buys
New and added positions, by estimated amount bought
- Invesco Exch Traded FD Tr II46138G698+$854.2KAdded
- First Tr Exchng Traded FD VI33740F433+$615.5KAdded
- First Tr Exchng Traded FD VI33740U802+$440.7KAdded
- First Tr Exchng Traded FD VI33740F714+$385.5KAdded
- First Tr Exchng Traded FD VI33740F458+$365.4KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Invesco Exch Traded FD Tr II46138G698+0.18 pp11.8% → 12.0%
- First Tr Exchng Traded FD VI33740F433+0.17 pp0.4% → 0.6%
- iShares Russell 1000 Growth ETF464287614+0.14 pp2.7% → 2.9%
- iShares Russell Midcap ETF464287499+0.11 pp3.2% → 3.3%
- First Tr Exchng Traded FD VI33740F458+0.09 pp0.4% → 0.5%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Pgim ETF Tr69344A834−$490.1KReduced
- GPCGenuine Parts Co
- First Tr Exchng Traded FD VI33740U653−$220.4KReduced
- First Tr Exchng Traded FD VI33740U505−$189.1KReduced
- DBX ETF Tr233051200−$168.3KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Pgim ETF Tr69344A834−0.60 pp4.1% → 3.5%
- XOMExxonMobil Holdings Corp
- First Tr Exchng Traded FD VI33740F730−0.12 pp1.6% → 1.5%
- First Tr Exchng Traded FD VI33740F748−0.11 pp2.0% → 1.9%
- First Tr Exchng Traded FD VI33740U653−0.11 pp0.8% → 0.7%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $309.8M
- +$33.4M (+12.1%) vs. prior quarter
- Positions
- 280
- +11 vs. prior quarter
- Top 10 concentration
- 62.6%
- Top 10 as share of value
- Turnover
- 0.9%
- Q2 2026, one quarter
- Average holding period
- 14.4 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 $309.8M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 10, 2026 | 280 | $309.8M | iShares Core S&P U.S. Growth ETFiShares Core S&P US Value ETFInvesco Exch Traded FD Tr II | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 27, 2026 | 269 | $276.5M | iShares Core S&P U.S. Growth ETFiShares Core S&P US Value ETFInvesco Exch Traded FD Tr II | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 6, 2026 | 267 | $266.3M | iShares Core S&P U.S. Growth ETFiShares Core S&P US Value ETFInvesco Exch Traded FD Tr II | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 7, 2025 | 273 | $258.9M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFiShares Russell Midcap ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 8, 2025 | 283 | $243.8M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFPgim ETF Tr | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 22, 2025 | 293 | $228.2M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFPgim ETF Tr | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 30, 2025 | 299 | $233.9M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFiShares Russell Midcap ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 15, 2024 | 283 | $225.1M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFiShares Russell Midcap ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 17, 2024 | 284 | $211.7M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFiShares Russell Midcap ETF | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 16, 2024 | 295 | $203.0M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFFirst Tr Exchng Traded FD VI | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 23, 2024 | 279 | $183.1M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFFirst Tr Exchng Traded FD VI | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 18, 2023 | 285 | $166.8M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFFirst Tr Exchng Traded FD VI | vs. Q2 2023 | SEC |
| Q2 2023 | Aug 1, 2023 | 283 | $172.9M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFFirst Tr Exchng Traded FD VI | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 18, 2023 | 279 | $156.8M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFFirst Tr Exchng Traded FD VI | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 13, 2023 | 247 | $140.7M | iShares Core S&P US Value ETFiShares Core S&P U.S. Growth ETFFirst Tr Exchng Traded FD VI | – | SEC |