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Livermore
Livermore
ZHEN

Strategic Advocates LLC

SEC CIK
0001991340
Latest filing
Aug 13, 2026

The latest 13F from Strategic Advocates LLC covers Q2 2026 (filed Aug 13, 2026): 259 long positions worth $25.8M. The top 10 holdings make up 42.5% of the portfolio, and the largest is Invesco QQQ Trust Series I at 7.1%. Livermore has 13 filings on Form 13F from this institution, going back to Q3 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
20
Est. +$348.7K
Added
67
Est. +$1.50M
Reduced
67
Est. −$1.40M
Sold out
28
Est. −$386.9K

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    7.1%$1.82M
  2. SPDR Ser Tr78468R648
    6.5%$1.69M
  3. Invesco Exchange Traded FD T46137V258
    5.5%$1.42M
  4. Vanguard Intermediate-Term Bond ETF921937819
    4.3%$1.11M
  5. iShares Core MSCI Emerging Markets ETF46434G103
    4.1%$1.07M

Share of portfolio

Top 5 holdings and the other 254 positions, by share of portfolio value

  1. Invesco QQQ Trust Series I7.1%
  2. SPDR Ser Tr6.5%
  3. Invesco Exchange Traded FD T5.5%
  4. Vanguard Intermediate-Term Bond ETF4.3%
  5. iShares Core MSCI Emerging Markets ETF4.1%
  6. Other 254 positions72.5%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard High Dividend Yield Index ETF921946406
    +$234.4KAdded
  2. Schwab Intermediate-Term US Treasury ETF808524854
    +$124.5KAdded
  3. Vanguard Consumer Staples ETF92204A207
    +$117.9KAdded
  4. Schwab International Equity ETF808524805
    +$115.5KAdded
  5. APHAmphenol Corp
    +$110.9KAddedHistory

Largest weight increases

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

  1. Vanguard High Dividend Yield Index ETF921946406
    +0.84 pp1.1% → 1.9%
  2. Invesco QQQ Trust Series I46090E103
    +0.76 pp6.3% → 7.1%
  3. AMDAdvanced Micro Devices Inc
    +0.52 pp0.1% → 0.6%History
  4. APHAmphenol Corp
    +0.51 pp0.4% → 0.9%History
  5. Schwab International Equity ETF808524805
    +0.44 pp0.6% → 1.0%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Tr464287762
    −$181.1KReduced
  2. Fidelity Covington Trust316092824
    −$144.9KReduced
  3. GEGeneral Electric Co
    −$68.4KReducedHistory
  4. CVXChevron Corp
    −$62.1KSold outHistory
  5. State Street Utilities Select Sector SPDR ETF81369Y886
    −$59.1KReduced

Largest weight decreases

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

  1. GLDSPDR Gold Trust
    −1.12 pp4.1% → 3.0%History
  2. iShares Tr464287762
    −0.79 pp1.8% → 1.0%
  3. Vanguard Intermediate-Term Bond ETF921937819
    −0.76 pp5.0% → 4.3%
  4. Fidelity Covington Trust316092824
    −0.71 pp2.1% → 1.4%
  5. Vanguard Energy ETF92204A306
    −0.61 pp1.8% → 1.2%

Metrics

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

Portfolio value
$25.8M
+$3.23M (+14.3%) vs. prior quarter
Positions
259
−8 vs. prior quarter
Top 10 concentration
42.5%
Top 10 as share of value
Turnover
7.4%
Q2 2026, one quarter
Average holding period
8.6 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 (Q3 2023), so positions held before then are understated.

13F filings by quarter

12 quarters, going back to Q3 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $390.9M (Q4 2025)

Q3 2023: $212.4MQ4 2023: $235.4MQ1 2024: $259.7MQ2 2024: $252.1MQ3 2024: $279.3MQ4 2024: $296.2MQ1 2025: $287.8MQ2 2025: $336.8MQ3 2025: $384.0MQ4 2025: $390.9MQ1 2026: $22.6MQ2 2026: $25.8M
Q3 2023Q2 2026
13F filings of Strategic Advocates LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026259$25.8MInvesco QQQ Trust Series ISPDR Ser TrInvesco Exchange Traded FD Tvs. Q1 2026SEC
Q1 2026May 15, 2026267$22.6MInvesco QQQ Trust Series ISPDR Ser TrInvesco Exchange Traded FD Tvs. Q4 2025SEC
Q4 2025Feb 11, 2026637$390.9MInvesco QQQ Trust Series ISPDR Ser TrInvesco Exchange Traded FD Tvs. Q3 2025SEC
Q3 2025Nov 26, 2025613$384.0MSPDR Ser TrInvesco QQQ Trust Series IVanguard Intermediate-Term Bond ETFvs. Q2 2025SEC
Q2 2025Jul 8, 2025126$336.8MInvesco QQQ Trust Series ISPDR Ser TrVanguard Intermediate-Term Bond ETFvs. Q1 2025SEC
Q1 2025May 8, 2025113$287.8MVanguard Intermediate-Term Bond ETFInvesco QQQ Trust Series ISPDR Ser Trvs. Q4 2024SEC
Q4 2024Jan 23, 2025110$296.2MSPDR Ser TrInvesco QQQ Trust Series IVanguard Intermediate-Term Bond ETFvs. Q3 2024SEC
Q3 2024Oct 17, 2024119$279.3MVanguard Intermediate-Term Bond ETFSPDR Ser TrInvesco QQQ Trust Series Ivs. Q2 2024SEC
Q2 2024Jul 11, 2024119$252.1MInvesco QQQ Trust Series IVanguard Intermediate-Term Bond ETFSPDR Ser Trvs. Q1 2024SEC
Q1 2024Apr 3, 2024126$259.7MVanguard Intermediate-Term Bond ETFSPDR Ser TrInvesco QQQ Trust Series Ivs. Q4 2023SEC
Q4 2023Feb 13, 2024Amended150$235.4MSchwab U.S. Large-Cap Growth ETFSchwab US Dividend Equity ETFiShares Core S&P Mid-Cap ETFvs. Q3 2023SEC
Q3 2023Nov 13, 2023141$212.4MSchwab U.S. Large-Cap Growth ETFSchwab US Dividend Equity ETFiShares Core S&P Mid-Cap ETF–SEC