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Livermore
Livermore
ZHEN

25 LLC

SEC CIK
0001968777
Latest filing
Jul 28, 2026

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Jul 19, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
617
+108 vs. Q1 2023
Portfolio value
$180.6M
+$18.8M (+11.6%) vs. Q1 2023
Filed
Jul 19, 2023
SEC
Holdings of 25 LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard Morningstar Small-Cap Value ETF922908611ETF173,992$29.6M16.4%+7,587+4.6%Added–
Vanguard Star FDS921909768VG TL INTL STK F466,662$27.0M14.9%+24,840+5.6%Added–
Vanguard Ftse All-World Ex-US Small-Cap ETF922042718ETF151,967$17.5M9.7%+7,241+5.0%Added–
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF216,354$17.2M9.5%+13,506+6.7%Added–
Vanguard Morningstar Value ETF922908744ETF114,644$16.4M9.1%+5,522+5.1%Added–
Vanguard Morningstar Growth ETF922908736ETF35,168$10.2M5.6%+2,314+7.0%Added–
Vanguard Morningstar Small-Cap ETF922908751ETF49,239$10.1M5.6%+2,606+5.6%Added–
Vanguard Scottsdale FDS92206C706INTER TERM TREAS128,006$7.56M4.2%+27,152+26.9%Added–
iShares Tr464288414NATIONAL MUN ETF69,175$7.40M4.1%+9,433+15.8%Added–
Vanguard Mun BD FDS922907746TAX EXEMPT BD124,664$6.27M3.5%+6,548+5.5%Added–
Vanguard S&P 500 ETF922908363ETF10,285$4.25M2.4%−47−0.5%Reduced–
AAPLApple Inc.Stock13,083$2.49M1.4%+86+0.7%AddedHistory
Dimensional U.S. Core Equity 2 ETF25434V708ETF87,507$2.42M1.3%+15,545+21.6%Added–
SPDR Series Trust78464A664ST LON TREAS ETF76,053$2.26M1.2%+235+0.3%Added–
Dimensional ETF Trust25434V724US MKTWIDE VALUE47,111$1.66M0.9%+141+0.3%Added–
Dimensional U.S. Targeted Value ETF25434V609ETF25,578$1.23M0.7%+91+0.4%Added–
Dimensional ETF Trust25434V807INTERNATNAL VAL27,394$930.3K0.5%+226+0.8%Added–
Dimensional ETF Trust25434V799INTL CORE EQUITY33,647$843.5K0.5%+4,893+17.0%Added–
Dimensional ETF Trust25434V401US EQUI MARK ETF16,031$784.4K0.4%+14+0.1%Added–
Dimensional ETF Trust25434V732EMERGING MKTS CO24,995$622.4K0.3%+4,309+20.8%Added–
Dimensional U.S. Small Cap ETF25434V500ETF10,871$612.0K0.3%−15−0.1%Reduced–
iShares Core U.S. Aggregate Bond ETF464287226ETF6,032$593.6K0.3%+745+14.1%Added–
iShares Tr464288877EAFE VALUE ETF11,615$584.2K0.3%−1,275−9.9%Reduced–
TSLATesla, Inc.Stock1,831$508.8K0.3%+52+2.9%AddedHistory
MSFTMicrosoft CorpStock1,418$486.0K0.3%+165+13.2%AddedHistory
SPYSPDR S&P 500 ETF TrustETF1,030$463.3K0.3%−16−1.5%ReducedHistory
AMZNAmazon Com IncStock3,040$408.3K0.2%+42+1.4%AddedHistory
HDHome Depot, Inc.Stock1,269$399.1K0.2%+4+0.3%AddedHistory
Dimensional ETF Trust25434V849NATL MUN BD ETF8,123$387.7K0.2%+274+3.5%Added–
Dimensional ETF Trust25434V831US HIGH PROF ETF14,408$385.6K0.2%−115−0.8%Reduced–
ProShares Tr74347X831ULTRAPRO QQQ8,470$373.2K0.2%+93+1.1%Added–
Schwab U.S. Large-Cap ETF808524201ETF6,680$355.7K0.2%+443+7.1%Added–
FASTFastenal CoStock6,237$353.6K0.2%+40+0.6%AddedHistory
SNASnap-on IncCOM957$278.1K0.2%+8+0.8%AddedHistory
Dimensional World Ex U.S. Core Equity 2 ETF25434V880ETF11,008$265.2K0.1%00.0%Unchanged–
Dimensional ETF Trust25434V815US SMALL CAP ETF9,065$241.1K0.1%+632+7.5%Added–
Schwab International Small-Cap Equity ETF808524888ETF6,529$230.6K0.1%+28+0.4%Added–
Dimensional ETF Trust25434V872CORE FIXE IN ETF5,222$219.6K0.1%+1,967+60.4%Added–
BABoeing CoStock956$207.3K0.1%−29−2.9%ReducedHistory
FISVFiserv IncStock1,600$205.9K0.1%−4−0.2%ReducedHistory
Dimensional ETF Trust25434V765INTL HIGH PROFIT7,628$191.6K0.1%+2,589+51.4%Added–
Schwab International Equity ETF808524805ETF5,151$188.4K0.1%+444+9.4%Added–
iShares Core S&P 500 ETF464287200ETF338$152.6K0.1%−6−1.7%Reduced–
WMTWalmart Inc.Stock960$148.0K0.1%+1+0.1%AddedHistory
XOMExxonMobil Holdings CorpCOM1,409$147.3K0.1%−2−0.1%ReducedHistory
PGProcter & Gamble CoStock965$143.7K0.1%+8+0.8%AddedHistory
GOOGLAlphabet Inc.Stock1,106$137.7K0.1%+66+6.3%AddedHistory
NFLXNetflix IncStock303$136.5K0.1%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock897$133.6K0.1%+8+0.9%AddedHistory
METAMeta Platforms, Inc.Stock417$130.7K0.1%+13+3.2%AddedHistory
Schwab US Dividend Equity ETF808524797ETF1,747$128.9K0.1%00.0%Unchanged–
Dimensional ETF Trust25434V781INTL SMALL CAP V5,142$128.3K0.1%+2,499+94.6%Added–
NVDANVIDIA CorpStock251$115.4K0.1%+92+57.9%AddedHistory
DALDelta Air Lines, Inc.COM NEW2,407$114.8K0.1%00.0%UnchangedHistory
Schwab US Aggregate Bond ETF808524839ETF2,459$113.9K0.1%+103+4.4%Added–
VVisa Inc.Stock461$112.2K0.1%+4+0.9%AddedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF494$110.8K0.1%−808−62.1%Reduced–
CLColgate Palmolive CoStock1,460$110.7K0.1%+22+1.5%AddedHistory
LOWLowes Companies IncStock480$110.2K0.1%00.0%UnchangedHistory
CNICanadian National Railway CoStock901$106.9K0.1%+3+0.3%AddedHistory
PEPPepsiCo IncStock569$106.7K0.1%+1+0.2%AddedHistory
Schwab U.S. Large-Cap Value ETF808524409ETF1,506$102.2K0.1%+50+3.4%Added–
iShares S&P 500 Value ETF464287408ETF569$93.6K0.1%+2+0.4%Added–
DISWalt Disney CoStock1,002$90.6K0.1%−4−0.4%ReducedHistory
SYYSysco CorpStock1,121$82.2K<0.1%+7+0.6%AddedHistory
GOOGAlphabet Inc.Stock652$81.4K<0.1%+21+3.3%AddedHistory
Dimensional ETF Trust25434V864SHOR DUR FIX ETF1,720$80.1K<0.1%−108−5.9%Reduced–
MOAltria Group, Inc.Stock1,680$76.6K<0.1%+26+1.6%AddedHistory
iShares S&P Mid-Cap 400 Growth ETF464287606ETF973$75.0K<0.1%00.0%Unchanged–
BRK.BBerkshire Hathaway IncStock216$74.2K<0.1%+4+1.9%AddedHistory
Invesco QQQ Trust Series I46090E103ETF185$70.1K<0.1%00.0%Unchanged–
UALUnited Airlines Holdings, Inc.COM1,184$65.4K<0.1%+10+0.9%AddedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 1176$60.5K<0.1%+1+0.6%AddedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF255$57.8K<0.1%−150−37.0%Reduced–
COFCapital One Financial CorpStock486$55.5K<0.1%00.0%UnchangedHistory
WATWaters CorpCOM202$54.4K<0.1%+2+1.0%AddedHistory
AMGNAmgen IncStock237$53.9K<0.1%+2+0.9%AddedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF1,274$53.8K<0.1%−1,936−60.3%Reduced–
JNJJohnson & JohnsonStock331$52.5K<0.1%−7−2.1%ReducedHistory
PMPhilip Morris International Inc.Stock511$51.3K<0.1%−8−1.5%ReducedHistory
Vanguard Wellington FD921935870SHORT TRM TAX EX510$51.3K<0.1%00.0%Unchanged–
KRKroger CoStock1,064$50.0K<0.1%+27+2.6%AddedHistory
KBHKB HomeCOM943$49.9K<0.1%00.0%UnchangedHistory
COSTCostco Wholesale CorpStock90$48.7K<0.1%+3+3.4%AddedHistory
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF1,208$48.2K<0.1%−400−24.9%Reduced–
CVXChevron CorpStock296$46.7K<0.1%−1−0.3%ReducedHistory
iShares Core S&P U.S. Growth ETF464287671ETF462$45.5K<0.1%00.0%Unchanged–
Schwab Intermediate-Term US Treasury ETF808524854ETF917$45.5K<0.1%+15+1.7%Added–
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD578$43.9K<0.1%+9+1.6%Added–
SBUXStarbucks CorpStock423$43.0K<0.1%−5−1.2%ReducedHistory
Invesco Exchange Traded FD T46137V530NASDAQ INTERNT246$40.8K<0.1%00.0%Unchanged–
CVSCVS Health CorpStock550$39.2K<0.1%−6−1.1%ReducedHistory
Flexshares Tr33939L407MORNSTAR UPSTR920$38.2K<0.1%+920New–
iShares Russell 2000 ETF464287655ETF191$36.9K<0.1%+1+0.5%Added–
DEDeere & CoStock89$36.5K<0.1%−1−1.1%ReducedHistory
Schwab U.S. Small-Cap ETF808524607ETF803$36.4K<0.1%+11+1.4%Added–
MMM3M CoStock330$33.9K<0.1%+5+1.5%AddedHistory
NZFNuveen Municipal Credit Income FundCOM SH BEN INT2,724$32.0K<0.1%+20+0.7%AddedHistory
Schwab US Tips ETF808524870ETF578$30.3K<0.1%+13+2.3%Added–
AXPAmerican Express CoStock159$27.7K<0.1%00.0%UnchangedHistory

Sold out since Q1 2023 (99)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of 25 LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
Vanguard Total Bond Market ETF921937835ETF831$61.0K<0.1%–
First Trust Dow Jones Internet Index Fund33733E302ETF135$19.1K<0.1%–
TFCTruist Financial CorpCOM519$14.9K<0.1%History
First Tr Exchange-Traded FD33734H106SHS304$12.3K<0.1%–
MRKMerck & Co., Inc.Stock16$1.90K<0.1%History
SPDR Index Shs FDS78463X509ST PORT MARK ETF40$1.37K<0.1%–
MSMorgan StanleyStock12$1.01K<0.1%History
INTCIntel CorpStock32$985<0.1%History
BMYBristol Myers Squibb CoStock14$958<0.1%History
GSGoldman Sachs Group IncStock2$654<0.1%History
CBChubb LtdStock3$599<0.1%History
SYKStryker CorpStock2$577<0.1%History
AMGAffiliated Managers Group, Inc.Stock4$568<0.1%History
ROKRockwell Automation, IncStock2$563<0.1%History
BYDBoyd Gaming CorpCOM8$563<0.1%History
CNRCore Natural Resources, Inc.COM9$563<0.1%History
HCAHCA Healthcare, Inc.COM2$556<0.1%History
MTXMinerals Technologies IncCOM9$555<0.1%History
HZNPHorizon Therapeutics Public Ltd CoSHS5$555<0.1%History
CRBGCorebridge Financial, Inc.COM33$553<0.1%History
ZBHZimmer Biomet Holdings, Inc.Stock4$550<0.1%History
TRVTravelers Companies, Inc.Stock3$548<0.1%History
AFLAflac IncStock8$542<0.1%History
PCGPG&E CorpStock31$540<0.1%History
EHABEnhabit, Inc.COM40$540<0.1%History
WGOWinnebago Industries IncCOM9$534<0.1%History
MKCMcCormick & Co IncStock6$530<0.1%History
SPOKSpok Holdings, IncCOM41$528<0.1%History
EGRXEagle Pharmaceuticals, Inc.COM18$526<0.1%History
FAFFirst American Financial CorpStock9$525<0.1%History
BF.ABrown Forman CorpCL A8$524<0.1%History
IVZInvesco Ltd.Stock32$522<0.1%History
DRSLeonardo DRS, Inc.Stock33$521<0.1%History
BHFBrighthouse Financial, Inc.COM12$521<0.1%History
WCCWesco International IncCOM4$520<0.1%History
Advanced Energy Inds007970031COM6$519<0.1%–
KNXKnight-Swift Transportation Holdings Inc.CL A9$516<0.1%History
FNFFidelity National Financial, Inc.COM SHS15$515<0.1%History
CNPCenterpoint Energy IncCOM17$515<0.1%History
VACMarriott Vacations Worldwide CorpCOM4$515<0.1%History
EIXEdison InternationalStock7$514<0.1%History
EXCExelon CorpStock12$514<0.1%History
UNFIUnited Natural Foods IncCOM19$511<0.1%History
PCARPaccar IncCOM7$510<0.1%History
ARCHArch Resources, Inc.CL A4$509<0.1%History
AMAntero Midstream CorpStock49$508<0.1%History
SNDRSchneider National, Inc.CL B19$504<0.1%History
ABNBAirbnb, Inc.Stock4$503<0.1%History
ITTItt Inc.COM6$503<0.1%History
OMFOneMain Holdings, Inc.COM14$501<0.1%History
VPGVishay Precision Group, Inc.COM13$501<0.1%History
EGANEGAIN CorpCOM NEW68$501<0.1%History
PFGPrincipal Financial Group IncCOM7$500<0.1%History
AXSAxis Capital Holdings LtdSHS9$496<0.1%History
PFGCPerformance Food Group CoCOM8$490<0.1%History
ALSumisho Air Lease CorpCL A13$489<0.1%History
BXBlackstone Inc.COM6$488<0.1%History
GOROGoldgroup Mining Inc.COM510$485<0.1%History
METMetlife IncStock9$484<0.1%History
CENXCentury Aluminum CoCOM57$483<0.1%History
LNWOLight & Wonder, Inc.COM8$474<0.1%History
EGLEEagle Bulk Shipping Inc.COM11$474<0.1%History
EQHEquitable Holdings, Inc.COM20$472<0.1%History
HURCHurco Companies IncCOM22$472<0.1%History
TJXTJX Companies IncStock6$471<0.1%History
JJacobs Solutions Inc.COM4$470<0.1%History
UPLDUpland Software, Inc.COM137$469<0.1%History
NWNNorthwest Natural Holding CoCOM10$468<0.1%History
HGVHilton Grand Vacations Inc.COM11$467<0.1%History
DLTRDollar Tree, Inc.COM3$467<0.1%History
BTUPeabody Energy CorpCOM20$462<0.1%History
CTSCTS CorpCOM11$460<0.1%History
GTNGray Media, IncCOM63$460<0.1%History
DVNDevon Energy CorpStock9$459<0.1%History
IPARInterparfums IncCOM3$459<0.1%History
ADTNADTRAN Holdings, Inc.COM53$457<0.1%History
INSWInternational Seaways, Inc.COM12$452<0.1%History
CGCarlyle Group Inc.COM17$445<0.1%History
NCNacco Industries IncCL A14$444<0.1%History
GPIGroup 1 Automotive IncCOM2$442<0.1%History
VRSNVerisign IncCOM2$440<0.1%History
TGTredegar CorpCOM55$440<0.1%History
GNEGenie Energy Ltd.CL B31$438<0.1%History
MZTIMarzetti CoCOM2$437<0.1%History
AVNWAviat Networks, Inc.COM NEW16$435<0.1%History
PTVEPactiv Evergreen Inc.COM61$435<0.1%History
TRTootsie Roll Industries IncCOM11$430<0.1%History
CALXCalix, IncCOM10$427<0.1%History
NUENucor CorpCOM3$425<0.1%History
SGENSeagen Inc.COM2$397<0.1%History
Paramount Global92556H107CL A20$393<0.1%–
ADArray Digital Infrastructure, Inc.COM24$391<0.1%History
HIIHuntington Ingalls Industries, Inc.COM2$389<0.1%History
EGEverest Group, Ltd.COM1$384<0.1%History
WSTWest Pharmaceutical Services IncCOM1$368<0.1%History
LINLinde PLCStock1$366<0.1%History
TDSTelephone & Data Systems IncCOM NEW49$366<0.1%History
ENPHEnphase Energy, Inc.Stock2$327<0.1%History
Vanguard Total International Bond ETF92203J407ETF1$26<0.1%–