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Climber Capital SA

SEC CIK
0002011229
Latest filing
Jul 22, 2026

The latest 13F from Climber Capital SA covers Q2 2026 (filed Jul 22, 2026): 64 long positions worth $163.5M. The top 10 holdings make up 49.2% of the portfolio, and the largest is Vanguard S&P 500 ETF at 10.8%. Livermore has 6 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
3
Est. +$1.55M
Added
30
Est. +$21.7M
Reduced
20
Est. −$7.09M
Sold out
8
Est. −$4.48M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    10.8%$17.6M
  2. GLDSPDR Gold Trust
    8.5%$13.8MHistory
  3. State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474
    5.3%$8.63M
  4. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    4.4%$7.19M
  5. Vanguard Ftse Developed Markets ETF921943858
    3.8%$6.17M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard S&P 500 ETF922908363
    +$3.58MAdded
  2. State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474
    +$3.33MAdded
  3. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    +$2.08MAdded
  4. SPDR Series Trust78464A763
    +$1.97MAdded
  5. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    +$1.62MAdded

Largest weight increases

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

  1. Vanguard S&P 500 ETF922908363
    +2.80 pp8.0% → 10.8%
  2. State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474
    +1.82 pp3.5% → 5.3%
  3. SPDR Series Trust78464A763
    +1.17 pp2.5% → 3.7%
  4. Vanguard Ftse Developed Markets ETF921943858
    +0.78 pp3.0% → 3.8%
  5. First Tr Exchng Traded FD VI33740U802
    +0.53 pp0.0% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CVXChevron Corp
    −$930.8KSold outHistory
  2. CSCOCisco Systems, Inc.
    −$890.9KReducedHistory
  3. TSMTaiwan Semiconductor Manufacturing Co Ltd
    −$746.2KSold outHistory
  4. AAPLApple Inc.
    −$706.4KReducedHistory
  5. GOOGLAlphabet Inc.
    −$704.8KReducedHistory

Largest weight decreases

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

  1. GLDSPDR Gold Trust
    −2.51 pp11.0% → 8.5%History
  2. CVXChevron Corp
    −0.61 pp0.6% → 0.0%History
  3. TTETotalEnergies SE
    −0.50 pp1.0% → 0.5%History
  4. TSMTaiwan Semiconductor Manufacturing Co Ltd
    −0.49 pp0.5% → 0.0%History
  5. UBSUBS Group AG
    −0.44 pp0.4% → 0.0%History

Metrics

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

Portfolio value
$163.5M
+$10.9M (+7.1%) vs. prior quarter
Positions
64
−5 vs. prior quarter
Top 10 concentration
49.2%
Top 10 as share of value
Turnover
7.3%
Q2 2026, one quarter
Average holding period
2.9 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

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

Peak $163.5M (Q2 2026)

Q4 2024: $121.5MQ1 2025: $127.1MQ2 2025: $155.9MQ4 2025: $153.5MQ1 2026: $152.6MQ2 2026: $163.5M
Q4 2024Q2 2026
13F filings of Climber Capital SA by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 22, 202664$163.5MVanguard S&P 500 ETFGLDState Street SPDR Portfolio Short Term Corporate Bond ETFvs. Q1 2026SEC
Q1 2026May 1, 202669$152.6MGLDVanguard S&P 500 ETFiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q4 2025SEC
Q4 2025Feb 3, 202658$153.5MVanguard S&P 500 ETFGLDState Street SPDR Portfolio Short Term Corporate Bond ETF–SEC
Q2 2025Aug 6, 202566$155.9MVanguard S&P 500 ETFGLDiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q1 2025SEC
Q1 2025Apr 23, 202559$127.1MVanguard S&P 500 ETFGLDiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q4 2024SEC
Q4 2024Feb 12, 202552$121.5MVanguard S&P 500 ETFGLDiShares Trust iShares 0-1 Year Treasury Bond ETF–SEC