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FF Advisors,LLC

SEC CIK
0002011904
Latest filing
Jul 29, 2026

The latest 13F from FF Advisors,LLC covers Q2 2026 (filed Jul 29, 2026): 123 long positions worth $267.0M. The top 10 holdings make up 56.1% of the portfolio, and the largest is Invesco QQQ Trust Series I at 16.6%. 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
13
Est. +$4.02M
Added
39
Est. +$12.4M
Reduced
25
Est. −$47.0M
Sold out
4
Est. −$2.58M

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    16.6%$44.4M
  2. Vanguard Ftse Developed Markets ETF921943858
    6.6%$17.6M
  3. AAPLApple Inc.
    6.5%$17.4MHistory
  4. Vanguard Morningstar Value ETF922908744
    5.9%$15.8M
  5. State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847
    4.8%$12.9M

Biggest buys

New and added positions, by estimated amount bought

  1. Schwab Strategic Tr808524698
    +$4.96MAdded
  2. Schwab Strategic Tr808524714
    +$3.08MAdded
  3. iShares Tr464288356
    +$986.6KNew
  4. Vanguard Morningstar Value ETF922908744
    +$982.7KAdded
  5. Schwab Strategic Tr808524631
    +$642.2KAdded

Largest weight increases

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

  1. Schwab Strategic Tr808524698
    +1.72 pp1.7% → 3.4%
  2. Schwab Strategic Tr808524714
    +1.04 pp1.4% → 2.4%
  3. Invesco QQQ Trust Series I46090E103
    +0.82 pp15.8% → 16.6%
  4. iShares Tr464288356
    +0.37 pp0.0% → 0.4%
  5. Vanguard Morningstar Value ETF922908744
    +0.29 pp5.6% → 5.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Morningstar Growth ETF922908736
    −$32.6MReducedConverted for a 6-for-1 split
  2. Vanguard Morningstar Mid-Cap ETF922908629
    −$4.42MReducedConverted for a 4-for-1 split
  3. Vanguard World FD921910816
    −$3.35MReducedConverted for a 5-for-1 split
  4. iShares Ibonds 2026 Term High Yield and Income ETF46436E528
    −$2.21MReduced
  5. iShares Ibonds Dec 2027 Term Corporate ETF46435UAA9
    −$1.70MReduced

Largest weight decreases

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

  1. iShares Ibonds 2026 Term High Yield and Income ETF46436E528
    −0.93 pp1.3% → 0.3%
  2. iShares Ibonds Dec 2027 Term Corporate ETF46435UAA9
    −0.70 pp0.9% → 0.2%
  3. iShares Ibonds Dec 2028 Term Corporate ETF46435U515
    −0.70 pp0.8% → 0.2%
  4. iShares Tr46436E593
    −0.43 pp0.4% → 0.0%
  5. iShares Tr46436E825
    −0.42 pp0.4% → 0.0%

Metrics

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

Portfolio value
$267.0M
+$20.2M (+8.2%) vs. prior quarter
Positions
123
+9 vs. prior quarter
Top 10 concentration
56.1%
Top 10 as share of value
Turnover
6.4%
Q2 2026, one quarter
Average holding period
9.7 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 $267.0M (Q2 2026)

Q4 2023: $120.1MQ1 2024: $144.6MQ2 2024: $142.1MQ3 2024: $153.7MQ4 2024: $145.6MQ1 2025: $174.3MQ2 2025: $192.7MQ3 2025: $209.2MQ4 2025: $224.5MQ1 2026: $246.8MQ2 2026: $267.0M
Q4 2023Q2 2026
13F filings of FF Advisors,LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 29, 2026123$267.0MInvesco QQQ Trust Series IVanguard Ftse Developed Markets ETFAAPLvs. Q1 2026SEC
Q1 2026Apr 27, 2026114$246.8MInvesco QQQ Trust Series IVanguard Ftse Developed Markets ETFAAPLvs. Q4 2025SEC
Q4 2025Feb 13, 2026106$224.5MInvesco QQQ Trust Series IAAPLVanguard Ftse Developed Markets ETFvs. Q3 2025SEC
Q3 2025Nov 13, 202597$209.2MInvesco QQQ Trust Series IAAPLVanguard Ftse Developed Markets ETFvs. Q2 2025SEC
Q2 2025Jul 8, 202599$192.7MInvesco QQQ Trust Series IAAPLVanguard Ftse Developed Markets ETFvs. Q1 2025SEC
Q1 2025May 12, 202591$174.3MInvesco QQQ Trust Series IAAPLVanguard Ftse Developed Markets ETFvs. Q4 2024SEC
Q4 2024Jan 15, 202587$145.6MInvesco QQQ Trust Series IVanguard Ftse Developed Markets ETFVanguard Ftse Emerging Markets ETFvs. Q3 2024SEC
Q3 2024Oct 24, 202487$153.7MInvesco QQQ Trust Series IVanguard Ftse Developed Markets ETFVanguard Ftse Emerging Markets ETFvs. Q2 2024SEC
Q2 2024Aug 13, 202488$142.1MInvesco QQQ Trust Series IVanguard Ftse Developed Markets ETFVanguard Ftse Emerging Markets ETFvs. Q1 2024SEC
Q1 2024Apr 18, 202486$144.6MInvesco QQQ Trust Series IVanguard Ftse Developed Markets ETFVanguard Ftse Emerging Markets ETFvs. Q4 2023SEC
Q4 2023Feb 14, 202481$120.1MInvesco QQQ Trust Series IVanguard Ftse Developed Markets ETFVanguard Ftse Emerging Markets ETF–SEC