Client First Investment Management LLC
- SEC CIK
- 0002018284
- Latest filing
- Jul 8, 2026
The latest 13F from Client First Investment Management LLC covers Q2 2026 (filed Jul 8, 2026): 28 long positions worth $237.3M. The top 10 holdings make up 87.4% of the portfolio, and the largest is Series Portfolios Tr at 50.2%. 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.
- New
- 20
- Est. +$51.2M
- Added
- 3
- Est. +$32.8M
- Reduced
- 4
- Est. −$30.6M
- Sold out
- 8
- Est. −$26.0M
Top 5 holdings
Share of this quarter's portfolio value
- Series Portfolios Tr81752T53650.2%$119.1M
- ProShares Tr74347R10715.5%$36.7M
- Ea Series Trust02072L5657.6%$18.1M
- ProShares Tr74347R8423.4%$8.04M
- Pgim ETF Tr69344A1073.1%$7.24M
Biggest buys
New and added positions, by estimated amount bought
- ProShares Tr74347R107+$28.7MAdded
- ProShares Tr74347R842+$8.04MNew
- Series Portfolios Tr81752T536+$4.06MAdded
- Direxion Shs ETF Tr25459W458+$4.01MNew
- iShares Tr46435G474+$3.79MNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- ProShares Tr74347R107+12.28 pp3.2% → 15.5%
- ProShares Tr74347R842+3.39 pp0.0% → 3.4%
- Direxion Shs ETF Tr25459W458+1.69 pp0.0% → 1.7%
- iShares Tr46435G474+1.60 pp0.0% → 1.6%
- Virtus ETF Tr II92790A801+1.58 pp0.0% → 1.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Ea Series Trust02072L565−$29.6MReduced
- ProShares Tr74350P667−$7.93MSold out
- State Street Consumer Staples Select Sector SPDR ETF81369Y308−$5.64MSold out
- ProShares Tr74347G705−$4.36MSold out
- ProShares Tr Ultrashort QQQ74349Y829−$2.37MSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Ea Series Trust02072L565−16.99 pp24.6% → 7.6%
- ProShares Tr74350P667−4.12 pp4.1% → 0.0%
- State Street Consumer Staples Select Sector SPDR ETF81369Y308−2.93 pp2.9% → 0.0%
- ProShares Tr74347G705−2.27 pp2.3% → 0.0%
- ProShares Tr Ultrashort QQQ74349Y829−1.23 pp1.2% → 0.0%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $237.3M
- +$44.9M (+23.4%) vs. prior quarter
- Positions
- 28
- +12 vs. prior quarter
- Top 10 concentration
- 87.4%
- Top 10 as share of value
- Turnover
- 26.3%
- Q2 2026, one quarter
- Average holding period
- 7.6 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 $237.3M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 8, 2026 | 28 | $237.3M | Series Portfolios TrProShares TrEa Series Trust | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 13, 2026 | 16 | $192.4M | Series Portfolios TrEa Series TrustPgim ETF Tr | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 9, 2026 | 30 | $190.7M | Series Portfolios TrProShares TrEa Series Trust | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 15, 2025 | 39 | $196.0M | Series Portfolios TrEa Series TrustProShares Tr | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 9, 2025 | 26 | $163.0M | Series Portfolios TrEa Series TrustProShares Tr | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 14, 2025 | 14 | $147.5M | Series Portfolios TrEa Series TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETF | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 15, 2025 | 23 | $155.6M | Series Portfolios TrProShares TrPacer FDS Tr | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 8, 2024 | 24 | $130.7M | Series Portfolios TrProShares TrPacer FDS Tr | vs. Q2 2024 | SEC |
| Q2 2024 | Aug 13, 2024 | 25 | $128.8M | Series Portfolios TrProShares TrPacer FDS Tr | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 19, 2024 | 22 | $125.9M | Series Portfolios TrProShares TrEa Series Trust | vs. Q4 2023 | SEC |
| Q4 2023 | Apr 10, 2024 | 23 | $103.0M | Series Portfolios TrProShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETF | – | SEC |