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Livermore
Livermore
ZHEN

ORBA Wealth Advisors, L.L.C.

SEC CIK
0002010248
Latest filing
Jul 23, 2026

The latest 13F from ORBA Wealth Advisors, L.L.C. covers Q2 2026 (filed Jul 23, 2026): 85 long positions worth $117.0M. The top 10 holdings make up 45.6% of the portfolio, and the largest is Apple Inc. (AAPL) at 14.8%. 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
26
Est. +$10.6M
Added
25
Est. +$26.0M
Reduced
32
Est. −$12.5M
Sold out
6
Est. −$1.81M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    14.8%$17.3MHistory
  2. Ssga Active ETF Tr78467V707
    5.5%$6.39M
  3. SPYSPDR S&P 500 ETF Trust
    4.4%$5.17MHistory
  4. American Centy ETF Tr025072703
    3.7%$4.30M
  5. Invesco QQQ Trust Series I46090E103
    3.1%$3.67M

Biggest buys

New and added positions, by estimated amount bought

  1. AAPLApple Inc.
    +$10.0MAddedHistory
  2. American Centy ETF Tr025072703
    +$2.03MAdded
  3. iShares Flexible Income Active ETF092528603
    +$1.78MAdded
  4. American Centy ETF Tr025072349
    +$1.46MAdded
  5. Ssga Active ETF Tr78467V707
    +$1.42MAdded

Largest weight increases

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

  1. AAPLApple Inc.
    +7.18 pp7.6% → 14.8%History
  2. iShares Flexible Income Active ETF092528603
    +1.11 pp1.5% → 2.6%
  3. American Centy ETF Tr025072703
    +1.10 pp2.6% → 3.7%
  4. American Centy ETF Tr025072349
    +1.02 pp1.2% → 2.2%
  5. SBUXStarbucks Corp
    +0.98 pp0.4% → 1.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. LRCXLam Research Corp
    −$2.17MReducedHistory
  2. iShares Core S&P 500 ETF464287200
    −$2.13MReduced
  3. Vanguard Morningstar Total Stock Market ETF922908769
    −$1.05MReduced
  4. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    −$914.2KReduced
  5. Invesco QQQ Trust Series I46090E103
    −$556.0KReduced

Largest weight decreases

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

  1. iShares Core S&P 500 ETF464287200
    −2.65 pp4.7% → 2.0%
  2. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    −1.76 pp4.7% → 2.9%
  3. Vanguard Morningstar Total Stock Market ETF922908769
    −1.32 pp2.5% → 1.2%
  4. WisdomTree Tr97717X669
    −0.96 pp3.5% → 2.5%
  5. SPDR Index Shs FDS78463X509
    −0.94 pp2.4% → 1.5%

Metrics

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

Portfolio value
$117.0M
+$33.1M (+39.5%) vs. prior quarter
Positions
85
+20 vs. prior quarter
Top 10 concentration
45.6%
Top 10 as share of value
Turnover
14.3%
Q2 2026, one quarter
Average holding period
9.0 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 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 $198.3M (Q1 2025)

Q4 2023: $166.8MQ1 2024: $180.7MQ2 2024: $193.2MQ3 2024: $197.6MQ4 2024: $191.3MQ1 2025: $198.3MQ2 2025: $109.8MQ3 2025: $121.5MQ4 2025: $115.2MQ1 2026: $83.9MQ2 2026: $117.0M
Q4 2023Q2 2026
13F filings of ORBA Wealth Advisors, L.L.C. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 23, 202685$117.0MAAPLSsga Active ETF TrSPYvs. Q1 2026SEC
Q1 2026Apr 28, 202665$83.9MAAPLSsga Active ETF TrSPYvs. Q4 2025SEC
Q4 2025Feb 5, 202679$115.2MAAPLSsga Active ETF TrSPYvs. Q3 2025SEC
Q3 2025Nov 4, 202579$121.5MAAPLSPYSsga Active ETF Trvs. Q2 2025SEC
Q2 2025Aug 6, 202570$109.8MAAPLSPYSsga Active ETF Trvs. Q1 2025SEC
Q1 2025Apr 17, 2025105$198.3MAAPLSPYWisdomTree Trvs. Q4 2024SEC
Q4 2024Feb 5, 2025104$191.3MAAPLSPYSsga Active ETF Trvs. Q3 2024SEC
Q3 2024Oct 9, 2024104$197.6MAAPLSPYSsga Active ETF Trvs. Q2 2024SEC
Q2 2024Jul 16, 202499$193.2MAAPLFirst Tr Exchange-Traded FDSPYvs. Q1 2024SEC
Q1 2024Apr 30, 202497$180.7MFirst Tr Exchange-Traded FDAAPLSsga Active ETF Trvs. Q4 2023SEC
Q4 2023Feb 12, 202492$166.8MAAPLFirst Tr Exchange-Traded FDSsga Active ETF Tr–SEC