Skip to main content
Livermore
Livermore
ZHEN

National Wealth Management Group, LLC

SEC CIK
0001977723
Latest filing
Jul 14, 2026

The latest 13F from National Wealth Management Group, LLC covers Q2 2026 (filed Jul 14, 2026): 226 long positions worth $323.4M. The top 10 holdings make up 30.7% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 ETF at 7.0%. 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
33
Est. +$16.3M
Added
63
Est. +$33.4M
Reduced
121
Est. −$25.0M
Sold out
22
Est. −$8.92M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    7.0%$22.7M
  2. iShares Core S&P 500 ETF464287200
    3.4%$11.1M
  3. NVDANVIDIA Corp
    3.3%$10.5MHistory
  4. iShares Tr46435G326
    3.2%$10.4M
  5. T Rowe Price Exchange-Traded87283Q867
    3.2%$10.3M

Share of portfolio

Top 5 holdings and the other 221 positions, by share of portfolio value

  1. State Street SPDR Portfolio S&P 500 ETF7.0%
  2. iShares Core S&P 500 ETF3.4%
  3. NVDA3.3%
  4. iShares Tr3.2%
  5. T Rowe Price Exchange-Traded3.2%
  6. Other 221 positions79.9%

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$12.0MAdded
  2. iShares Tr46435G326
    +$3.29MAdded
  3. State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847
    +$2.87MAdded
  4. Gabelli Commercial Aerospace & Defense ETF36261K509
    +$2.64MNew
  5. Tema ETF Trust87975E602
    +$2.17MNew

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +3.56 pp3.5% → 7.0%
  2. MUMicron Technology Inc
    +1.08 pp0.4% → 1.5%History
  3. State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847
    +0.87 pp0.4% → 1.3%
  4. Gabelli Commercial Aerospace & Defense ETF36261K509
    +0.82 pp0.0% → 0.8%
  5. iShares Tr46435G326
    +0.73 pp2.5% → 3.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. T Rowe Price Exchange-Traded87283Q867
    −$4.28MReduced
  2. T Rowe Price Exchange-Traded87283Q107
    −$4.10MReduced
  3. Capital Group Equity ETF Tr14022A102
    −$2.32MReduced
  4. Capital Group New Geography14021N105
    −$1.91MReduced
  5. Global X FDS37960A529
    −$1.60MSold out

Largest weight decreases

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

  1. T Rowe Price Exchange-Traded87283Q867
    −1.52 pp4.7% → 3.2%
  2. T Rowe Price Exchange-Traded87283Q107
    −1.47 pp3.4% → 2.0%
  3. Capital Group Equity ETF Tr14022A102
    −0.90 pp2.7% → 1.8%
  4. Capital Group New Geography14021N105
    −0.62 pp2.0% → 1.4%
  5. GLDSPDR Gold Trust
    −0.61 pp1.8% → 1.2%History

Metrics

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

Portfolio value
$323.4M
+$54.9M (+20.5%) vs. prior quarter
Positions
226
+11 vs. prior quarter
Top 10 concentration
30.7%
Top 10 as share of value
Turnover
11.5%
Q2 2026, one quarter
Average holding period
11.1 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 $323.4M (Q2 2026)

Q4 2021: $106.8MQ1 2022: $103.7MQ2 2022: $79.3MQ3 2022: $76.9MQ4 2022: $83.4MQ1 2023: $87.5MQ2 2023: $96.2MQ3 2023: $91.9MQ4 2023: $103.4MQ1 2024: $128.5MQ2 2024: $131.3MQ3 2024: $147.6MQ4 2024: $150.2MQ1 2025: $152.1MQ2 2025: $178.5MQ3 2025: $265.4MQ4 2025: $288.5MQ1 2026: $268.5MQ2 2026: $323.4M
Q4 2021Q2 2026
13F filings of National Wealth Management Group, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 14, 2026226$323.4MState Street SPDR Portfolio S&P 500 ETFiShares Core S&P 500 ETFNVDAvs. Q1 2026SEC
Q1 2026May 11, 2026215$268.5MT Rowe Price Exchange-TradediShares Core S&P 500 ETFState Street SPDR Portfolio S&P 500 ETFvs. Q4 2025SEC
Q4 2025Jan 12, 2026244$288.5MT Rowe Price Exchange-TradediShares Core S&P 500 ETFNVDAvs. Q3 2025SEC
Q3 2025Oct 31, 2025228$265.4MT Rowe Price Exchange-TradedT Rowe Price Exchange-TradediShares Core S&P 500 ETFvs. Q2 2025SEC
Q2 2025Sep 25, 2025158$178.5MT Rowe Price Exchange-TradedT Rowe Price Exchange-TradediShares Core S&P 500 ETFvs. Q1 2025SEC
Q1 2025May 15, 2025145$152.1MT Rowe Price Exchange-TradedT Rowe Price Exchange-TradediShares Core S&P 500 ETFvs. Q4 2024SEC
Q4 2024Feb 12, 2025146$150.2MT Rowe Price Exchange-TradedT Rowe Price Exchange-TradediShares Core S&P 500 ETFvs. Q3 2024SEC
Q3 2024Nov 13, 2024141$147.6MT Rowe Price Exchange-TradedT Rowe Price Exchange-TradediShares Core S&P 500 ETFvs. Q2 2024SEC
Q2 2024Aug 9, 2024130$131.3MT Rowe Price Exchange-TradedT Rowe Price Exchange-TradediShares Core S&P 500 ETFvs. Q1 2024SEC
Q1 2024May 17, 2024133$128.5MT Rowe Price Exchange-TradedT Rowe Price Exchange-TradedCapital Group Intl Focus EQTvs. Q4 2023SEC
Q4 2023Feb 1, 2024133$103.4MInvesco QQQ Trust Series IAMZNPacer US Cash Cows 100 ETFvs. Q3 2023SEC
Q3 2023Nov 13, 2023124$91.9MInvesco QQQ Trust Series IVanguard Total Bond Market ETFAMZNvs. Q2 2023SEC
Q2 2023Aug 10, 2023127$96.2MInvesco QQQ Trust Series IAMZNVanguard Total Bond Market ETFvs. Q1 2023SEC
Q1 2023May 16, 2023132$87.5MVanguard Total Bond Market ETFInvesco QQQ Trust Series IInvesco Nasdaq 100 ETFvs. Q4 2022SEC
Q4 2022Nov 17, 2023134$83.4MFirst Tr Exchange Trad FD VIInvesco QQQ Trust Series IVanguard Total Bond Market ETFvs. Q3 2022SEC
Q3 2022Nov 17, 2023121$76.9MFirst Tr Exchange Trad FD VIInvesco QQQ Trust Series IVanguard Total Bond Market ETFvs. Q2 2022SEC
Q2 2022Nov 17, 2023111$79.3MInvesco QQQ Trust Series IFirst Tr Exchange Trad FD VIUSOvs. Q1 2022SEC
Q1 2022Nov 17, 2023109$103.7MInvesco QQQ Trust Series IInvesco Exchange Traded FD TFirst Tr Exchange Trad FD VIvs. Q4 2021SEC
Q4 2021Nov 17, 2023124$106.8MInvesco QQQ Trust Series IVanguard Dividend Appreciation ETFVanguard Total Bond Market ETF–SEC