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Livermore
Livermore
ZHEN

PMV Capital Advisers, LLC

SEC CIK
0001980695
Latest filing
Aug 14, 2026

The latest 13F from PMV Capital Advisers, LLC covers Q2 2026 (filed Aug 14, 2026): 57 long positions worth $66.6M. The top 10 holdings make up 75.4% of the portfolio, and the largest is Advisors Inner Circle FD II at 29.9%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 2024.

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
6
Est. +$3.88M
Added
35
Est. +$5.30M
Reduced
9
Est. −$6.04M
Sold out
68
Est. −$429.5K

Top 5 holdings

Share of this quarter's portfolio value

  1. Advisors Inner Circle FD II00791R301
    29.9%$19.9M
  2. iShares Core S&P 500 ETF464287200
    12.1%$8.04M
  3. ProShares Tr74347R206
    6.7%$4.44M
  4. ProShares Tr74347R107
    4.7%$3.14M
  5. Invesco QQQ Trust Series I46090E103
    4.1%$2.73M

Share of portfolio

Top 5 holdings and the other 52 positions, by share of portfolio value

  1. Advisors Inner Circle FD II29.9%
  2. iShares Core S&P 500 ETF12.1%
  3. ProShares Tr6.7%
  4. ProShares Tr4.7%
  5. Invesco QQQ Trust Series I4.1%
  6. Other 52 positions42.5%

Biggest buys

New and added positions, by estimated amount bought

  1. Ea Series Trust02072L516
    +$1.82MNew
  2. Litman Gregory FDS Tr53700T827
    +$1.76MNew
  3. ProShares Tr74347G705
    +$1.75MAdded
  4. ProShares Tr74347R206
    +$1.36MAdded
  5. Advisors Inner Circle FD II00791R301
    +$566.1KAdded

Largest weight increases

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

  1. ProShares Tr74347R206
    +3.39 pp3.3% → 6.7%
  2. Ea Series Trust02072L516
    +2.73 pp0.0% → 2.7%
  3. Litman Gregory FDS Tr53700T827
    +2.64 pp0.0% → 2.6%
  4. ProShares Tr74347G705
    +2.35 pp0.8% → 3.2%
  5. ProShares Tr74347X831
    +1.87 pp2.0% → 3.8%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Simplify Exchange Traded Fun82889N699
    −$1.61MReduced
  2. ProShares Tr74347X302
    −$1.60MReduced
  3. ProShares Tr74347X500
    −$817.0KReduced
  4. Agf Invts Tr00110G408
    −$650.2KReduced
  5. UGLProShares Trust II
    −$585.1KReducedHistory

Largest weight decreases

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

  1. Simplify Exchange Traded Fun82889N699
    −4.08 pp7.0% → 3.0%
  2. Agf Invts Tr00110G408
    −2.65 pp5.8% → 3.2%
  3. UGLProShares Trust II
    −2.57 pp4.6% → 2.1%History
  4. ProShares Tr74347X302
    −1.94 pp1.9% → <0.1%
  5. ProShares Tr74347X500
    −1.16 pp2.7% → 1.6%

Metrics

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

Portfolio value
$66.6M
+$7.29M (+12.3%) vs. prior quarter
Positions
57
−62 vs. prior quarter
Top 10 concentration
75.4%
Top 10 as share of value
Turnover
10.3%
Q2 2026, one quarter
Average holding period
6.5 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 2024), so positions held before then are understated.

13F filings by quarter

7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $66.6M (Q2 2026)

Q4 2024: $37.1MQ1 2025: $41.2MQ2 2025: $44.9MQ3 2025: $51.5MQ4 2025: $54.9MQ1 2026: $59.3MQ2 2026: $66.6M
Q4 2024Q2 2026
13F filings of PMV Capital Advisers, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202657$66.6MAdvisors Inner Circle FD IIiShares Core S&P 500 ETFProShares Trvs. Q1 2026SEC
Q1 2026Apr 16, 2026119$59.3MAdvisors Inner Circle FD IIiShares Core S&P 500 ETFSimplify Exchange Traded Funvs. Q4 2025SEC
Q4 2025Jan 8, 202686$54.9MAdvisors Inner Circle FD IIiShares Core S&P 500 ETFSimplify Exchange Traded Funvs. Q3 2025SEC
Q3 2025Oct 6, 202554$51.5MAdvisors Inner Circle FD IIiShares Core S&P 500 ETFSimplify Exchange Traded Funvs. Q2 2025SEC
Q2 2025Jul 10, 2025121$44.9MAdvisors Inner Circle FD IIiShares Core S&P 500 ETFSimplify Exchange Traded Funvs. Q1 2025SEC
Q1 2025Apr 23, 202576$41.2MAdvisors Inner Circle FD IIiShares Core S&P 500 ETFAgf Invts Trvs. Q4 2024SEC
Q4 2024Feb 14, 202591$37.1MAdvisors Inner Circle FD IIiShares Core S&P 500 ETFGLD–SEC