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Livermore
Livermore
ZHEN

Capstone Wealth Management, LLC

SEC CIK
0002019411
Latest filing
Jul 23, 2026

The latest 13F from Capstone Wealth Management, LLC covers Q2 2026 (filed Jul 23, 2026): 188 long positions worth $215.5M. The top 10 holdings make up 56.8% of the portfolio, and the largest is Ea Series Trust at 9.6%. Livermore has 7 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
139
Est. +$46.8M
Added
29
Est. +$11.2M
Reduced
15
Est. −$1.06M
Sold out
1
Est. −$204.3K

Top 5 holdings

Share of this quarter's portfolio value

  1. Ea Series Trust02072L532
    9.6%$20.8M
  2. Dimensional ETF Trust25434V401
    8.3%$17.9M
  3. Dimensional U.S. Core Equity 2 ETF25434V708
    8.2%$17.6M
  4. Dimensional ETF Trust25434V807
    6.6%$14.1M
  5. Dimensional U.S. Targeted Value ETF25434V609
    6.4%$13.7M

Biggest buys

New and added positions, by estimated amount bought

  1. NVDANVIDIA Corp
    +$1.88MAddedHistory
  2. MUMicron Technology Inc
    +$1.38MNewHistory
  3. AAPLApple Inc.
    +$1.06MAddedHistory
  4. Vanguard Scottsdale FDS92206C706
    +$1.05MAdded
  5. WDCWestern Digital Corp
    +$808.0KNewHistory

Largest weight increases

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

  1. NVDANVIDIA Corp
    +0.74 pp0.5% → 1.3%History
  2. MUMicron Technology Inc
    +0.64 pp0.0% → 0.6%History
  3. WDCWestern Digital Corp
    +0.37 pp0.0% → 0.4%History
  4. FIXComfort Systems USA Inc
    +0.35 pp0.0% → 0.3%History
  5. HDHome Depot, Inc.
    +0.32 pp0.0% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Dimensional U.S. Targeted Value ETF25434V609
    −$478.8KReduced
  2. TAT&T Inc.
    −$204.3KSold outHistory
  3. Ea Series Trust02072L532
    −$196.1KReduced
  4. Dimensional ETF Trust25434V807
    −$148.6KReduced
  5. Dimensional ETF Trust25434V732
    −$92.1KReduced

Largest weight decreases

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

  1. Dimensional ETF Trust25434V807
    −3.17 pp9.7% → 6.6%
  2. Ea Series Trust02072L532
    −3.07 pp12.7% → 9.6%
  3. Dimensional U.S. Targeted Value ETF25434V609
    −2.47 pp8.8% → 6.4%
  4. Dimensional ETF Trust25434V724
    −1.77 pp7.2% → 5.4%
  5. Dimensional World Ex U.S. Core Equity 2 ETF25434V880
    −1.55 pp5.6% → 4.0%

Metrics

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

Portfolio value
$215.5M
+$72.1M (+50.3%) vs. prior quarter
Positions
188
+138 vs. prior quarter
Top 10 concentration
56.8%
Top 10 as share of value
Turnover
0.7%
Q2 2026, one quarter
Average holding period
5.6 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 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 $215.5M (Q2 2026)

Q4 2024: $102.4MQ1 2025: $100.4MQ2 2025: $114.1MQ3 2025: $129.9MQ4 2025: $137.0MQ1 2026: $143.4MQ2 2026: $215.5M
Q4 2024Q2 2026
13F filings of Capstone Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 23, 2026188$215.5MEa Series TrustDimensional ETF TrustDimensional U.S. Core Equity 2 ETFvs. Q1 2026SEC
Q1 2026Apr 16, 202650$143.4MEa Series TrustDimensional U.S. Core Equity 2 ETFDimensional ETF Trustvs. Q4 2025SEC
Q4 2025Jan 20, 202648$137.0MEa Series TrustDimensional U.S. Core Equity 2 ETFDimensional ETF Trustvs. Q3 2025SEC
Q3 2025Oct 9, 202550$129.9MEa Series TrustDimensional U.S. Core Equity 2 ETFDimensional ETF Trustvs. Q2 2025SEC
Q2 2025Jul 14, 202548$114.1MDimensional U.S. Core Equity 2 ETFEa Series TrustDimensional ETF Trustvs. Q1 2025SEC
Q1 2025Apr 16, 202549$100.4MDimensional U.S. Core Equity 2 ETFEa Series TrustDimensional U.S. Targeted Value ETFvs. Q4 2024SEC
Q4 2024Jan 17, 202547$102.4MDimensional U.S. Core Equity 2 ETFEa Series TrustDimensional U.S. Targeted Value ETF–SEC