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Foundation Wealth Management, LLC

SEC CIK
0002011000
Latest filing
Jul 21, 2026

The latest 13F from Foundation Wealth Management, LLC covers Q2 2026 (filed Jul 21, 2026): 105 long positions worth $331.3M. The top 10 holdings make up 60.5% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 12.7%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 2024.

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
15
Est. +$5.88M
Added
38
Est. +$19.2M
Reduced
31
Est. −$2.92M
Sold out
1
Est. −$247.9K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    12.7%$42.1M
  2. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    9.4%$31.2M
  3. Vanguard Scottsdale FDS92206C409
    5.9%$19.6M
  4. Dimensional ETF Trust25434V815
    5.9%$19.5M
  5. iShares Core S&P 500 ETF464287200
    5.4%$17.8M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Core S&P 500 ETF464287200
    +$2.85MAdded
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +$2.58MAdded
  3. Vanguard Scottsdale FDS92206C409
    +$1.79MAdded
  4. VVisa Inc.
    +$1.76MNewHistory
  5. Dimensional ETF Trust25434V831
    +$1.59MAdded

Largest weight increases

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

  1. iShares Core S&P 500 ETF464287200
    +0.77 pp4.6% → 5.4%
  2. Vanguard Morningstar Total Stock Market ETF922908769
    +0.62 pp12.1% → 12.7%
  3. VVisa Inc.
    +0.53 pp0.0% → 0.5%History
  4. Dimensional ETF Trust25434V831
    +0.34 pp4.9% → 5.3%
  5. Dimensional ETF Trust25434V732
    +0.32 pp4.3% → 4.6%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Real Estate ETF922908553
    −$586.8KReduced
  2. iShares Russell 1000 Growth ETF464287614
    −$313.0KReducedConverted for a 4-for-1 split
  3. IAUiShares Gold Trust
    −$247.9KSold outHistory
  4. iShares Russell 2000 Growth ETF464287648
    −$236.4KReduced
  5. State Street SPDR S&P 600 Small Cap Value ETF78464A300
    −$234.6KReduced

Largest weight decreases

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

  1. Vanguard Short-Term Bond ETF921937827
    −0.44 pp2.7% → 2.2%
  2. Vanguard Real Estate ETF922908553
    −0.24 pp0.8% → 0.6%
  3. Vanguard Ftse All-World Ex-US Small-Cap ETF922042718
    −0.12 pp0.7% → 0.6%
  4. Dimensional U.S. Core Equity 2 ETF25434V708
    −0.11 pp3.8% → 3.7%
  5. iShares Tr464288273
    −0.11 pp0.9% → 0.8%

Metrics

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

Portfolio value
$331.3M
+$47.8M (+16.9%) vs. prior quarter
Positions
105
+14 vs. prior quarter
Top 10 concentration
60.5%
Top 10 as share of value
Turnover
1.0%
Q2 2026, one quarter
Average holding period
6.8 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 2024), so positions held before then are understated.

13F filings by quarter

7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $331.3M (Q2 2026)

Q4 2024: $206.3MQ1 2025: $210.1MQ2 2025: $231.2MQ3 2025: $258.2MQ4 2025: $275.6MQ1 2026: $283.5MQ2 2026: $331.3M
Q4 2024Q2 2026
13F filings of Foundation Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 21, 2026105$331.3MVanguard Morningstar Total Stock Market ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q1 2026SEC
Q1 2026Apr 22, 202691$283.5MVanguard Morningstar Total Stock Market ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q4 2025SEC
Q4 2025Jan 15, 202693$275.6MVanguard Morningstar Total Stock Market ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q3 2025SEC
Q3 2025Oct 21, 202594$258.2MVanguard Morningstar Total Stock Market ETFVanguard Intermediate-Term Corporate Bond ETFiShares Core S&P 500 ETFvs. Q2 2025SEC
Q2 2025Aug 11, 202594$231.2MVanguard Morningstar Total Stock Market ETFVanguard Intermediate-Term Corporate Bond ETFiShares Core S&P 500 ETFvs. Q1 2025SEC
Q1 2025Apr 23, 202588$210.1MVanguard Morningstar Total Stock Market ETFVanguard Intermediate-Term Corporate Bond ETFDimensional U.S. Core Equity 2 ETFvs. Q4 2024SEC
Q4 2024Feb 12, 202589$206.3MDimensional U.S. Core Equity 2 ETFVanguard Morningstar Total Stock Market ETFiShares Core S&P 500 ETF–SEC