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Hobbs Wealth Management, LLC

SEC CIK
0002019202
Latest filing
Aug 6, 2026

The latest 13F from Hobbs Wealth Management, LLC covers Q2 2026 (filed Aug 6, 2026): 23 long positions worth $118.3M. The top 10 holdings make up 85.9% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 ETF at 26.3%. Livermore has 8 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
2
Est. +$1.32M
Added
11
Est. +$17.1M
Reduced
10
Est. −$15.9M
Sold out
2
Est. −$1.06M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    26.3%$31.1M
  2. BlackRock ETF Trust09290C103
    10.5%$12.4M
  3. iShares S&P 500 Growth ETF464287309
    9.6%$11.3M
  4. iShares S&P 500 Value ETF464287408
    9.5%$11.2M
  5. BlackRock ETF Trust09290C764
    7.0%$8.25M

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$13.5MAdded
  2. iShares Tr46434V613
    +$1.11MAdded
  3. Global X FDS37960A529
    +$1.05MAdded
  4. BlackRock ETF Trust09290C665
    +$811.6KNew
  5. iShares MSCI Acwi Ex U.S. ETF464288240
    +$523.6KAdded

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +11.10 pp15.2% → 26.3%
  2. iShares Tr46434V613
    +0.70 pp1.6% → 2.3%
  3. BlackRock ETF Trust09290C665
    +0.69 pp0.0% → 0.7%
  4. iShares S&P 500 Growth ETF464287309
    +0.67 pp8.9% → 9.6%
  5. BlackRock ETF Trust II092528835
    +0.43 pp0.0% → 0.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares MSCI USA Quality Factor ETF46432F339
    −$5.26MReduced
  2. iShares Tr464288877
    −$4.49MReduced
  3. BlackRock ETF Trust09290C806
    −$1.84MReduced
  4. American Centy ETF Tr025072604
    −$1.40MReduced
  5. Invesco Exch Traded FD Tr II46138E339
    −$1.23MReduced

Largest weight decreases

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

  1. iShares MSCI USA Quality Factor ETF46432F339
    −4.56 pp4.9% → 0.3%
  2. iShares Tr464288877
    −4.36 pp4.7% → 0.3%
  3. BlackRock ETF Trust09290C806
    −1.48 pp4.4% → 2.9%
  4. iShares S&P 500 Value ETF464287408
    −1.35 pp10.9% → 9.5%
  5. American Centy ETF Tr025072604
    −1.09 pp4.0% → 3.0%

Metrics

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

Portfolio value
$118.3M
+$17.3M (+17.1%) vs. prior quarter
Positions
23
0 vs. prior quarter
Top 10 concentration
85.9%
Top 10 as share of value
Turnover
15.5%
Q2 2026, one quarter
Average holding period
5.7 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 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 $119.2M (Q3 2025)

Q4 2024: $87.5MQ1 2025: $90.1MQ2 2025: $104.8MQ3 2025: $119.2MQ4 2025: $102.7MQ1 2026: $101.1MQ2 2026: $118.3M
Q4 2024Q2 2026
13F filings of Hobbs Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 202623$118.3MState Street SPDR Portfolio S&P 500 ETFBlackRock ETF TrustiShares S&P 500 Growth ETFvs. Q1 2026SEC
Q1 2026Apr 28, 202623$101.1MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Value ETFBlackRock ETF Trustvs. Q4 2025SEC
Q4 2025Jan 29, 202621$102.7MState Street SPDR Portfolio S&P 500 ETFBlackRock ETF TrustiShares S&P 500 Value ETFvs. Q3 2025SEC
Q3 2025Nov 5, 202557$119.2MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFBlackRock ETF Trustvs. Q2 2025SEC
Q2 2025Aug 13, 202549$104.8MState Street SPDR Portfolio S&P 500 ETFiShares MSCI USA Quality Factor ETFiShares Trvs. Q1 2025SEC
Q1 2025Apr 25, 2025Amended51$90.1MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Growth ETFiShares MSCI USA Quality Factor ETFvs. Q4 2024SEC
Q4 2024Feb 13, 202541$87.5MState Street SPDR Portfolio S&P 500 ETFiShares S&P 500 Growth ETFiShares MSCI USA Quality Factor ETF–SEC