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Livermore
Livermore
ZHEN

Channel Wealth LLC

SEC CIK
0001975550
Latest filing
Aug 4, 2026

The latest 13F from Channel Wealth LLC covers Q2 2026 (filed Aug 4, 2026): 188 long positions worth $445.9M. The top 10 holdings make up 37.1% of the portfolio, and the largest is Angel Oak Funds Trust at 6.2%. Livermore has 14 filings on Form 13F from this institution, going back to Q1 2023.

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
24
Est. +$21.2M
Added
49
Est. +$34.7M
Reduced
91
Est. −$57.1M
Sold out
9
Est. −$4.13M

Top 5 holdings

Share of this quarter's portfolio value

  1. Angel Oak Funds Trust03463K760
    6.2%$27.8M
  2. Thornburg ETF Tr88521L306
    4.6%$20.5M
  3. AAPLApple Inc.
    4.1%$18.3MHistory
  4. iShares Tr464288257
    4.0%$18.0M
  5. GOOGAlphabet Inc.
    3.8%$16.9MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464288257
    +$7.79MAdded
  2. PKGPackaging Corp of America
    +$4.54MNewHistory
  3. First Tr Exchange-Traded FD33738D770
    +$4.46MAdded
  4. TCW ETF Trust29287L700
    +$4.34MNew
  5. Angel Oak Funds Trust03463K760
    +$2.94MAdded

Largest weight increases

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

  1. iShares Tr464288257
    +1.86 pp2.2% → 4.0%
  2. PKGPackaging Corp of America
    +1.02 pp0.0% → 1.0%History
  3. TCW ETF Trust29287L700
    +0.97 pp0.0% → 1.0%
  4. First Tr Exchange-Traded FD33738D770
    +0.97 pp0.4% → 1.3%
  5. LLYEli Lilly & Co
    +0.82 pp2.2% → 3.0%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. AAPLApple Inc.
    −$10.5MReducedHistory
  2. Janus Detroit STR Tr47103U746
    −$5.68MReduced
  3. UBERUber Technologies, Inc
    −$5.01MReducedHistory
  4. OKTAOkta, Inc.
    −$3.66MReducedHistory
  5. VRTXVertex Pharmaceuticals Inc
    −$3.06MReducedHistory

Largest weight decreases

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

  1. AAPLApple Inc.
    −2.02 pp6.1% → 4.1%History
  2. Janus Detroit STR Tr47103U746
    −1.46 pp2.3% → 0.8%
  3. UBERUber Technologies, Inc
    −1.21 pp1.3% → 0.1%History
  4. Janus Detroit STR Tr47103U845
    −0.69 pp0.9% → 0.2%
  5. VRTXVertex Pharmaceuticals Inc
    −0.67 pp0.7% → <0.1%History

Metrics

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

Portfolio value
$445.9M
+$33.1M (+8.0%) vs. prior quarter
Positions
188
+15 vs. prior quarter
Top 10 concentration
37.1%
Top 10 as share of value
Turnover
13.0%
Q2 2026, one quarter
Average holding period
10.3 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 (Q1 2023), so positions held before then are understated.

13F filings by quarter

14 quarters, going back to Q1 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $445.9M (Q2 2026)

Q1 2023: $155.3MQ2 2023: $173.9MQ3 2023: $178.6MQ4 2023: $211.9MQ1 2024: $248.8MQ2 2024: $275.9MQ3 2024: $303.6MQ4 2024: $307.0MQ1 2025: $321.7MQ2 2025: $353.6MQ3 2025: $373.9MQ4 2025: $395.0MQ1 2026: $412.8MQ2 2026: $445.9M
Q1 2023Q2 2026
13F filings of Channel Wealth LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 4, 2026188$445.9MAngel Oak Funds TrustThornburg ETF TrAAPLvs. Q1 2026SEC
Q1 2026May 12, 2026173$412.8MAAPLAngel Oak Funds TrustThornburg ETF Trvs. Q4 2025SEC
Q4 2025Feb 3, 2026172$395.0MAngel Oak Funds TrustAAPLThornburg ETF Trvs. Q3 2025SEC
Q3 2025Oct 7, 2025174$373.9MAngel Oak Funds TrustAAPLMSFTvs. Q2 2025SEC
Q2 2025Jul 9, 2025174$353.6MAngel Oak Funds TrustMSFTSPYvs. Q1 2025SEC
Q1 2025Apr 10, 2025167$321.7MAngel Oak Funds TrustAAPLSPYvs. Q4 2024SEC
Q4 2024Jan 15, 2025160$307.0MAngel Oak Funds TrustAAPLMSFTvs. Q3 2024SEC
Q3 2024Oct 31, 2024164$303.6MAngel Oak Funds TrustAAPLMSFTvs. Q2 2024SEC
Q2 2024Aug 5, 2024164$275.9MAngel Oak Funds TrustAAPLMSFTvs. Q1 2024SEC
Q1 2024Apr 12, 2024178$248.8MAngel Oak Funds TrustAAPLMSFTvs. Q4 2023SEC
Q4 2023Jan 8, 2024173$211.9MAAPLAngel Oak Funds TrustMSFTvs. Q3 2023SEC
Q3 2023Oct 24, 2023177$178.6MAAPLAngel Oak Funds TrustMSFTvs. Q2 2023SEC
Q2 2023Jul 26, 2023184$173.9MAAPLMSFTGoldman Sachs ETF Trvs. Q1 2023SEC
Q1 2023Apr 27, 2023202$155.3MAAPLMSFTiShares Tr–SEC