GGM Financials LLC
- SEC CIK
- 0002021722
- Latest filing
- Jul 23, 2026
The latest 13F from GGM Financials LLC covers Q2 2026 (filed Jul 23, 2026): 265 long positions worth $263.7M. The top 10 holdings make up 70.5% of the portfolio, and the largest is J P Morgan Exchange Traded F at 22.8%. Livermore has 10 filings on Form 13F from this institution, going back to Q2 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.
- New
- 36
- Est. +$14.8M
- Added
- 123
- Est. +$54.2M
- Reduced
- 43
- Est. −$46.8M
- Sold out
- 7
- Est. −$694.4K
Top 5 holdings
Share of this quarter's portfolio value
- J P Morgan Exchange Traded F46654Q60922.8%$60.2M
- Putnam ETF Trust74672930015.5%$40.9M
- Goldman Sachs ETF Tr38149W63011.9%$31.4M
- Thornburg ETF Tr88521L2074.0%$10.6M
- iShares Tr4642875154.0%$10.6M
Biggest buys
New and added positions, by estimated amount bought
- Putnam ETF Trust746729300+$34.8MAdded
- Thornburg ETF Tr88521L207+$10.6MNew
- Goldman Sachs ETF Tr38149W630+$7.43MAdded
- Goldman Sachs ETF Tr38149W549+$1.48MAdded
- Hartford FDS Exchange Traded41653L503+$1.34MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Putnam ETF Trust746729300+12.95 pp2.5% → 15.5%
- Thornburg ETF Tr88521L207+4.03 pp0.0% → 4.0%
- Goldman Sachs ETF Tr38149W630+2.70 pp9.2% → 11.9%
- Goldman Sachs ETF Tr38149W549+0.50 pp0.4% → 0.9%
- iShares Tr46436E767+0.28 pp0.0% → 0.3%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Innovator ETFs Trust45783Y814−$28.9MReduced
- iShares Russell Midcap ETF464287499−$13.8MReduced
- Vanguard World FD921910733−$1.03MReduced
- iShares Tr464287515−$994.2KReduced
- HONHoneywell International Inc
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Innovator ETFs Trust45783Y814−12.46 pp12.5% → <0.1%
- iShares Russell Midcap ETF464287499−5.65 pp6.4% → 0.7%
- iShares Tr464287515−0.70 pp4.7% → 4.0%
- Vanguard World FD921910733−0.40 pp0.5% → 0.1%
- J P Morgan Exchange Traded F46654Q716−0.29 pp1.4% → 1.1%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $263.7M
- +$46.4M (+21.4%) vs. prior quarter
- Positions
- 265
- +29 vs. prior quarter
- Top 10 concentration
- 70.5%
- Top 10 as share of value
- Turnover
- 19.7%
- Q2 2026, one quarter
- Average holding period
- 7.5 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 (Q2 2024), so positions held before then are understated.
13F filings by quarter
9 quarters, going back to Q2 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $263.7M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 23, 2026 | 265 | $263.7M | J P Morgan Exchange Traded FPutnam ETF TrustGoldman Sachs ETF Tr | vs. Q1 2026 | SEC |
| Q1 2026 | May 12, 2026 | 236 | $217.3M | J P Morgan Exchange Traded FInnovator ETFs TrustGoldman Sachs ETF Tr | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 4, 2026 | 225 | $205.8M | J P Morgan Exchange Traded FInnovator ETFs TrustGoldman Sachs ETF Tr | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 10, 2025 | 229 | $198.3M | J P Morgan Exchange Traded FInnovator ETFs TrustGoldman Sachs ETF Tr | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 1, 2025Amended | 60 | $172.2M | J P Morgan Exchange Traded FInnovator ETFs TrustGoldman Sachs ETF Tr | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 11, 2025 | 61 | $146.5M | J P Morgan Exchange Traded FInnovator ETFs TrustGoldman Sachs ETF Tr | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 29, 2025 | 55 | $93.9M | Putnam ETF TrustGoldman Sachs ETF TrJ P Morgan Exchange Traded F | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 31, 2024 | 54 | $116.0M | Invesco Exchange Traded FD TPutnam ETF TrustGoldman Sachs ETF Tr | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 30, 2024 | 52 | $108.7M | Invesco Exchange Traded FD TPutnam ETF TrustGoldman Sachs ETF Tr | – | SEC |