Skip to main content

Addis & Hill, Inc

SEC CIK
0002016470
Latest filing
Jul 7, 2026

The latest 13F from Addis & Hill, Inc covers Q2 2026 (filed Jul 7, 2026): 29 long positions worth $181.5M. The top 10 holdings make up 89.9% of the portfolio, and the largest is Vanguard Morningstar Large-Cap ETF at 35.5%. 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
2
Est. +$4.66M
Added
4
Est. +$2.64M
Reduced
9
Est. −$11.3M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Large-Cap ETF922908637
    35.5%$64.4M
  2. Vanguard Intl Equity Index F922042866
    12.5%$22.6M
  3. Vanguard Morningstar Total Stock Market ETF922908769
    12.4%$22.5M
  4. Vanguard Morningstar Mid-Cap ETF922908629
    6.2%$11.2M
  5. iShares Core U.S. Aggregate Bond ETF464287226
    4.9%$8.95M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Morningstar Value ETF922908744
    +$3.80MNew
  2. Vanguard Ftse Emerging Markets ETF922042858
    +$1.94MAdded
  3. iShares Tr464287440
    +$858.5KNew
  4. iShares Core U.S. Aggregate Bond ETF464287226
    +$301.0KAdded
  5. Vanguard Ftse All-World Ex-US Index Fund922042775
    +$229.1KAdded

Largest weight increases

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

  1. Vanguard Morningstar Value ETF922908744
    +2.10 pp0.0% → 2.1%
  2. Vanguard Ftse Emerging Markets ETF922042858
    +1.07 pp3.2% → 4.3%
  3. Vanguard Intl Equity Index F922042866
    +0.93 pp11.5% → 12.5%
  4. iShares Tr464287440
    +0.47 pp0.0% → 0.5%
  5. Vanguard Ftse All-World Ex-US Index Fund922042775
    +0.16 pp3.1% → 3.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Morningstar Large-Cap ETF922908637
    −$8.21MReduced
  2. Vanguard Morningstar Mid-Cap ETF922908629
    −$927.8KReducedConverted for a 4-for-1 split
  3. Vanguard Scottsdale FDS92206C102
    −$597.9KReduced
  4. Vanguard Morningstar Total Stock Market ETF922908769
    −$544.7KReduced
  5. Vanguard Intl Equity Index F922042874
    −$509.6KReduced

Largest weight decreases

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

  1. Vanguard Morningstar Large-Cap ETF922908637
    −2.88 pp38.4% → 35.5%
  2. Vanguard Morningstar Mid-Cap ETF922908629
    −0.40 pp6.6% → 6.2%
  3. Vanguard Intl Equity Index F922042874
    −0.39 pp4.1% → 3.7%
  4. Vanguard Scottsdale FDS92206C102
    −0.38 pp0.5% → 0.1%
  5. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    −0.33 pp1.5% → 1.2%

Metrics

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

Portfolio value
$181.5M
+$17.0M (+10.4%) vs. prior quarter
Positions
29
+2 vs. prior quarter
Top 10 concentration
89.9%
Top 10 as share of value
Turnover
4.2%
Q2 2026, one quarter
Average holding period
10.5 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 $181.5M (Q2 2026)

Q4 2023: $112.5MQ1 2024: $117.2MQ2 2024: $120.0MQ3 2024: $130.5MQ4 2024: $135.3MQ1 2025: $143.2MQ2 2025: $153.1MQ3 2025: $164.0MQ4 2025: $165.1MQ1 2026: $164.4MQ2 2026: $181.5M
Q4 2023Q2 2026
13F filings of Addis & Hill, Inc by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 7, 202629$181.5MVanguard Morningstar Large-Cap ETFVanguard Intl Equity Index FVanguard Morningstar Total Stock Market ETFvs. Q1 2026SEC
Q1 2026Apr 16, 202627$164.4MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q4 2025SEC
Q4 2025Jan 6, 202627$165.1MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q3 2025SEC
Q3 2025Oct 17, 202527$164.0MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q2 2025SEC
Q2 2025Jul 11, 202527$153.1MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q1 2025SEC
Q1 2025Apr 10, 202528$143.2MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q4 2024SEC
Q4 2024Jan 31, 202523$135.3MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q3 2024SEC
Q3 2024Oct 28, 202428$130.5MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q2 2024SEC
Q2 2024Jul 18, 202423$120.0MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q1 2024SEC
Q1 2024Apr 23, 202427$117.2MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index Fvs. Q4 2023SEC
Q4 2023Mar 21, 202423$112.5MVanguard Morningstar Large-Cap ETFVanguard Morningstar Total Stock Market ETFVanguard Intl Equity Index F–SEC