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Livermore
Livermore
ZHEN

First County Bank

SEC CIK
0001983616
Latest filing
Jul 2, 2026

The latest 13F from First County Bank covers Q2 2026 (filed Jul 2, 2026): 169 long positions worth $212.5M. The top 10 holdings make up 31.3% of the portfolio, and the largest is Vanguard Morningstar Value ETF at 6.0%. 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.

Full comparison
New
12
Est. +$3.27M
Added
58
Est. +$6.58M
Reduced
78
Est. −$4.30M
Sold out
5
Est. −$2.07M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Value ETF922908744
    6.0%$12.7M
  2. NVDANVIDIA Corp
    4.2%$8.95MHistory
  3. AAPLApple Inc.
    3.9%$8.35MHistory
  4. MSFTMicrosoft Corp
    3.5%$7.49MHistory
  5. iShares S&P Small-Cap 600 Value ETF464287879
    3.2%$6.84M

Share of portfolio

Top 5 holdings and the other 164 positions, by share of portfolio value

  1. Vanguard Morningstar Value ETF6.0%
  2. NVDA4.2%
  3. AAPL3.9%
  4. MSFT3.5%
  5. iShares S&P Small-Cap 600 Value ETF3.2%
  6. Other 164 positions79.1%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Scottsdale FDS92206C102
    +$1.39MAdded
  2. Vanguard Morningstar Value ETF922908744
    +$1.17MAdded
  3. MSFTMicrosoft Corp
    +$756.1KAddedHistory
  4. INTCIntel Corp
    +$592.2KNewHistory
  5. JPMJPMorgan Chase & Co
    +$378.4KAddedHistory

Largest weight increases

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

  1. PANWPalo Alto Networks Inc
    +0.75 pp0.8% → 1.6%History
  2. Vanguard Scottsdale FDS92206C102
    +0.61 pp0.4% → 1.0%
  3. Vanguard Morningstar Value ETF922908744
    +0.43 pp5.6% → 6.0%
  4. INTCIntel Corp
    +0.28 pp0.0% → 0.3%History
  5. LRCXLam Research Corp
    +0.23 pp0.3% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. HONHoneywell International Inc
    −$878.8KSold outHistory
  2. DOWDow Inc.
    −$635.7KSold outHistory
  3. MCHPMicrochip Technology Inc
    −$633.0KReducedHistory
  4. ICEIntercontinental Exchange, Inc.
    −$312.8KSold outHistory
  5. Schwab Fundamental International Equity ETF808524755
    −$254.6KReduced

Largest weight decreases

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

  1. XOMExxonMobil Holdings Corp
    −0.92 pp3.1% → 2.2%History
  2. HONHoneywell International Inc
    −0.47 pp0.5% → 0.0%History
  3. DOWDow Inc.
    −0.34 pp0.3% → 0.0%History
  4. CRMSalesforce, Inc.
    −0.28 pp1.0% → 0.7%History
  5. GILDGilead Sciences, Inc.
    −0.26 pp1.2% → 0.9%History

Metrics

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

Portfolio value
$212.5M
+$25.2M (+13.5%) vs. prior quarter
Positions
169
+7 vs. prior quarter
Top 10 concentration
31.3%
Top 10 as share of value
Turnover
3.2%
Q2 2026, one quarter
Average holding period
13.0 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 $212.5M (Q2 2026)

Q4 2022: $208.5MQ1 2023: $203.9MQ2 2023: $206.1MQ3 2023: $192.2MQ4 2023: $206.3MQ1 2024: $204.6MQ2 2024: $194.4MQ3 2024: $202.5MQ4 2024: $179.0MQ1 2025: $181.0MQ2 2025: $186.0MQ3 2025: $196.0MQ4 2025: $187.2MQ1 2026: $187.3MQ2 2026: $212.5M
Q4 2022Q2 2026
13F filings of First County Bank by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 2, 2026169$212.5MVanguard Morningstar Value ETFNVDAAAPLvs. Q1 2026SEC
Q1 2026Apr 3, 2026162$187.3MVanguard Morningstar Value ETFNVDAAAPLvs. Q4 2025SEC
Q4 2025Jan 14, 2026167$187.2MVanguard Morningstar Value ETFNVDAMSFTvs. Q3 2025SEC
Q3 2025Oct 8, 2025167$196.0MMSFTNVDAVanguard Morningstar Value ETFvs. Q2 2025SEC
Q2 2025Jul 17, 2025164$186.0MMSFTVanguard Morningstar Value ETFNVDAvs. Q1 2025SEC
Q1 2025Apr 7, 2025165$181.0MVanguard Morningstar Value ETFAAPLMSFTvs. Q4 2024SEC
Q4 2024Jan 7, 2025146$179.0MVanguard Morningstar Growth ETFAAPLVanguard Morningstar Value ETFvs. Q3 2024SEC
Q3 2024Nov 12, 2024158$202.5MAAPLMSFTVanguard Morningstar Value ETFvs. Q2 2024SEC
Q2 2024Aug 15, 2024157$194.4MAAPLMSFTVanguard Morningstar Value ETFvs. Q1 2024SEC
Q1 2024May 14, 2024166$204.6MMSFTAAPLVanguard Morningstar Value ETFvs. Q4 2023SEC
Q4 2023Feb 14, 2024162$206.3MSPYAAPLMSFTvs. Q3 2023SEC
Q3 2023Nov 7, 2023163$192.2MAAPLMSFTXOMvs. Q2 2023SEC
Q2 2023Jul 18, 2023167$206.1MAAPLMSFTXOMvs. Q1 2023SEC
Q1 2023Jul 18, 2023163$203.9MAAPLMSFTXOMvs. Q4 2022SEC
Q4 2022Jul 18, 2023161$208.5MSPYXOMAAPL–SEC