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White Wing Wealth Management

SEC CIK
0002001473
Latest filing
Jul 8, 2026

The latest 13F from White Wing Wealth Management covers Q2 2026 (filed Jul 8, 2026): 40 long positions worth $191.7M. The top 10 holdings make up 83.4% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 26.1%. Livermore has 11 filings on Form 13F from this institution, going back to Q4 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
7
Est. +$3.56M
Added
20
Est. +$6.65M
Reduced
13
Est. −$4.24M
Sold out
4
Est. −$1.50M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    26.1%$50.0M
  2. Vanguard Ftse Developed Markets ETF921943858
    10.7%$20.5M
  3. JPMorgan Ultra-Short Income ETF46641Q837
    10.2%$19.6M
  4. Vanguard Morningstar Small-Cap ETF922908751
    8.7%$16.7M
  5. Invesco QQQ Trust Series I46090E103
    7.0%$13.4M

Biggest buys

New and added positions, by estimated amount bought

  1. J P Morgan Exchange Traded F46641Q332
    +$1.86MAdded
  2. First Tr Exch Traded FD III33740J104
    +$1.60MNew
  3. Dimensional ETF Trust25434V849
    +$1.32MAdded
  4. J P Morgan Exchange Traded F46641Q159
    +$1.12MAdded
  5. Vanguard Dividend Appreciation ETF921908844
    +$1.10MAdded

Largest weight increases

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

  1. J P Morgan Exchange Traded F46641Q332
    +0.94 pp0.2% → 1.2%
  2. First Tr Exch Traded FD III33740J104
    +0.84 pp0.0% → 0.8%
  3. Dimensional ETF Trust25434V849
    +0.65 pp0.3% → 0.9%
  4. J P Morgan Exchange Traded F46641Q159
    +0.56 pp0.2% → 0.7%
  5. First Tr Exch Traded FD III33739N108
    +0.37 pp0.0% → 0.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco QQQ Trust Series I46090E103
    −$1.57MReduced
  2. Schwab Strategic Tr808524714
    −$1.22MReduced
  3. JPMorgan Ultra-Short Income ETF46641Q837
    −$676.9KReduced
  4. CRMSalesforce, Inc.
    −$571.7KSold outHistory
  5. ADBEAdobe Inc.
    −$404.0KSold outHistory

Largest weight decreases

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

  1. JPMorgan Ultra-Short Income ETF46641Q837
    −1.96 pp12.2% → 10.2%
  2. Schwab Strategic Tr808524714
    −1.56 pp6.9% → 5.4%
  3. CRMSalesforce, Inc.
    −0.34 pp0.3% → 0.0%History
  4. ADBEAdobe Inc.
    −0.24 pp0.2% → 0.0%History
  5. First Tr Exchange-Traded FD33739Q408
    −0.23 pp0.8% → 0.6%

Metrics

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

Portfolio value
$191.7M
+$25.1M (+15.0%) vs. prior quarter
Positions
40
+3 vs. prior quarter
Top 10 concentration
83.4%
Top 10 as share of value
Turnover
3.2%
Q2 2026, one quarter
Average holding period
10.2 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 2023), so positions held before then are understated.

13F filings by quarter

11 quarters, going back to Q4 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $191.7M (Q2 2026)

Q4 2023: $108.7MQ1 2024: $120.5MQ2 2024: $125.0MQ3 2024: $129.8MQ4 2024: $134.5MQ1 2025: $128.4MQ2 2025: $147.6MQ3 2025: $161.1MQ4 2025: $167.5MQ1 2026: $166.6MQ2 2026: $191.7M
Q4 2023Q2 2026
13F filings of White Wing Wealth Management by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 8, 202640$191.7MVanguard Morningstar Total Stock Market ETFVanguard Ftse Developed Markets ETFJPMorgan Ultra-Short Income ETFvs. Q1 2026SEC
Q1 2026Apr 13, 202637$166.6MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETFvs. Q4 2025SEC
Q4 2025Jan 15, 202635$167.5MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETFvs. Q3 2025SEC
Q3 2025Oct 31, 202534$161.1MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETFvs. Q2 2025SEC
Q2 2025Jul 10, 202532$147.6MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFInvesco QQQ Trust Series Ivs. Q1 2025SEC
Q1 2025Apr 21, 202526$128.4MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETFvs. Q4 2024SEC
Q4 2024Feb 3, 202526$134.5MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Morningstar Small-Cap ETFvs. Q3 2024SEC
Q3 2024Oct 7, 202428$129.8MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETFvs. Q2 2024SEC
Q2 2024Aug 1, 202429$125.0MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETFvs. Q1 2024SEC
Q1 2024Apr 17, 202430$120.5MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETFvs. Q4 2023SEC
Q4 2023Jan 25, 202424$108.7MVanguard Morningstar Total Stock Market ETFJPMorgan Ultra-Short Income ETFVanguard Ftse Developed Markets ETF–SEC