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Livermore
Livermore
ZHEN

Financial Perspectives, Inc

SEC CIK
0002003287
Latest filing
Jul 24, 2026

The latest 13F from Financial Perspectives, Inc covers Q2 2026 (filed Jul 24, 2026): 728 long positions worth $410.9M. The top 10 holdings make up 39.9% of the portfolio, and the largest is Vanguard Information Technology ETF at 6.5%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 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
24
Est. +$1.36M
Added
172
Est. +$12.5M
Reduced
58
Est. −$4.98M
Sold out
12
Est. −$748.8K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Information Technology ETF92204A702
    6.5%$26.7M
  2. Vanguard High Dividend Yield Index ETF921946406
    5.7%$23.2M
  3. AAPLApple Inc.
    4.6%$18.7MHistory
  4. MDTMedtronic plc
    4.0%$16.6MHistory
  5. TSMTaiwan Semiconductor Manufacturing Co Ltd
    3.8%$15.5MHistory

Biggest buys

New and added positions, by estimated amount bought

  1. MELIMercadolibre Inc
    +$819.6KAddedHistory
  2. METAMeta Platforms, Inc.
    +$731.7KAddedHistory
  3. Vanguard S&P 500 ETF922908363
    +$660.1KAdded
  4. MSFTMicrosoft Corp
    +$643.5KAddedHistory
  5. UIUbiquiti Inc.
    +$642.4KAddedHistory

Largest weight increases

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

  1. Fidelity MSCI Information Technology Index ETF316092808
    +0.34 pp1.7% → 2.0%
  2. GOOGAlphabet Inc.
    +0.25 pp2.2% → 2.5%History
  3. iShares S&P 500 Growth ETF464287309
    +0.24 pp3.1% → 3.4%
  4. Capital Group GBL Growth EQT14020X104
    +0.20 pp0.7% → 0.9%
  5. Vanguard S&P 500 ETF922908363
    +0.16 pp0.8% → 0.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MUMicron Technology Inc
    −$1.46MReducedHistory
  2. AVGOBroadcom Inc.
    −$721.1KReducedHistory
  3. HONHoneywell International Inc
    −$677.4KSold outHistory
  4. MDTMedtronic plc
    −$522.7KReducedHistory
  5. TSMTaiwan Semiconductor Manufacturing Co Ltd
    −$357.2KReducedHistory

Largest weight decreases

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

  1. MDTMedtronic plc
    −1.25 pp5.3% → 4.0%History
  2. Vanguard Whitehall FDS921946810
    −0.23 pp2.7% → 2.5%
  3. HONHoneywell International Inc
    −0.19 pp0.2% → 0.0%History
  4. Vanguard Dividend Appreciation ETF921908844
    −0.18 pp2.8% → 2.6%
  5. Fidelity MSCI Energy Index ETF316092402
    −0.13 pp0.5% → 0.4%

Metrics

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

Portfolio value
$410.9M
+$52.7M (+14.7%) vs. prior quarter
Positions
728
+12 vs. prior quarter
Top 10 concentration
39.9%
Top 10 as share of value
Turnover
1.5%
Q2 2026, one quarter
Average holding period
21.1 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 (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $410.9M (Q2 2026)

Q1 2021: $2.01MQ2 2021: $205.4MQ3 2021: $198.5MQ4 2021: $211.5MQ1 2022: $214.1MQ2 2022: $177.2MQ3 2022: $178.4MQ4 2022: $195.1MQ1 2023: $209.3MQ2 2023: $227.3MQ3 2023: $218.5MQ4 2023: $246.4MQ1 2024: $263.8MQ2 2024: $270.8MQ3 2024: $288.5MQ4 2024: $297.7MQ1 2025: $292.1MQ2 2025: $330.8MQ3 2025: $360.6MQ4 2025: $371.2MQ1 2026: $358.2MQ2 2026: $410.9M
Q1 2021Q2 2026
13F filings of Financial Perspectives, Inc by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 24, 2026728$410.9MVanguard Information Technology ETFVanguard High Dividend Yield Index ETFAAPLvs. Q1 2026SEC
Q1 2026May 11, 2026716$358.2MVanguard High Dividend Yield Index ETFVanguard Information Technology ETFMDTvs. Q4 2025SEC
Q4 2025Jan 28, 2026714$371.2MVanguard Information Technology ETFMDTVanguard High Dividend Yield Index ETFvs. Q3 2025SEC
Q3 2025Oct 22, 2025724$360.6MMDTVanguard Information Technology ETFVanguard High Dividend Yield Index ETFvs. Q2 2025SEC
Q2 2025Jul 30, 2025724$330.8MMDTVanguard Information Technology ETFVanguard High Dividend Yield Index ETFvs. Q1 2025SEC
Q1 2025Apr 18, 2025724$292.1MMDTVanguard High Dividend Yield Index ETFVanguard Information Technology ETFvs. Q4 2024SEC
Q4 2024Feb 3, 2025726$297.7MMDTVanguard High Dividend Yield Index ETFVanguard Information Technology ETFvs. Q3 2024SEC
Q3 2024Oct 17, 2024685$288.5MMDTVanguard High Dividend Yield Index ETFAAPLvs. Q2 2024SEC
Q2 2024Aug 9, 2024681$270.8MMDTVanguard High Dividend Yield Index ETFMSFTvs. Q1 2024SEC
Q1 2024Apr 19, 2024669$263.8MMDTVanguard High Dividend Yield Index ETFMSFTvs. Q4 2023SEC
Q4 2023Feb 1, 2024704$246.4MMDTVanguard High Dividend Yield Index ETFAAPLvs. Q3 2023SEC
Q3 2023Jan 10, 2024705$218.5MMDTVanguard High Dividend Yield Index ETFAAPLvs. Q2 2023SEC
Q2 2023Jan 10, 2024686$227.3MMDTVanguard High Dividend Yield Index ETFAAPLvs. Q1 2023SEC
Q1 2023Jan 10, 2024685$209.3MMDTVanguard High Dividend Yield Index ETFAAPLvs. Q4 2022SEC
Q4 2022Jan 10, 2024687$195.1MMDTVanguard High Dividend Yield Index ETFAAPLvs. Q3 2022SEC
Q3 2022Jan 10, 2024698$178.4MMDTVanguard High Dividend Yield Index ETFVanguard Information Technology ETFvs. Q2 2022SEC
Q2 2022Jan 10, 2024694$177.2MMDTVanguard High Dividend Yield Index ETFVanguard Information Technology ETFvs. Q1 2022SEC
Q1 2022Jan 10, 2024689$214.1MMDTVanguard Information Technology ETFVanguard High Dividend Yield Index ETFvs. Q4 2021SEC
Q4 2021Jan 10, 2024650$211.5MMDTVanguard Information Technology ETFVanguard High Dividend Yield Index ETFvs. Q3 2021SEC
Q3 2021Jan 10, 2024641$198.5MMDTVanguard High Dividend Yield Index ETFVanguard Information Technology ETFvs. Q2 2021SEC
Q2 2021Jan 10, 2024652$205.4MMDTVanguard Information Technology ETFVanguard High Dividend Yield Index ETFvs. Q1 2021SEC
Q1 2021Jan 10, 2024625$2.01MMDTBSXJPMorgan Ultra-Short Income ETF–SEC