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49 Wealth Management, LLC

SEC CIK
0002022291
Latest filing
Aug 18, 2026

The latest 13F from 49 Wealth Management, LLC covers Q2 2026 (filed Aug 18, 2026): 189 long positions worth $524.4M. The top 10 holdings make up 40.8% of the portfolio, and the largest is iShares Core S&P 500 ETF at 7.8%. Livermore has 12 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
107
Est. +$150.7M
Added
27
Est. +$155.4M
Reduced
55
Est. −$972.2M
Sold out
121
Est. −$225.2M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    7.8%$41.0M
  2. iShares Core MSCI Emerging Markets ETF46434G103
    5.1%$26.8M
  3. iShares Core MSCI Total International Stock ETF46432F834
    4.8%$25.3M
  4. iShares Russell 1000 Growth ETF464287614
    4.4%$23.0M
  5. iShares Core MSCI Eafe ETF46432F842
    3.7%$19.4M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Core S&P 500 ETF464287200
    +$35.0MAdded
  2. iShares Core MSCI Total International Stock ETF46432F834
    +$24.7MAdded
  3. iShares Russell 1000 Growth ETF464287614
    +$22.5MAddedConverted for a 4-for-1 split
  4. iShares Russell 2000 ETF464287655
    +$17.1MAdded
  5. iShares Russell Midcap ETF464287499
    +$14.4MAdded

Largest weight increases

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

  1. iShares Core S&P 500 ETF464287200
    +7.43 pp0.4% → 7.8%
  2. iShares Core MSCI Total International Stock ETF46432F834
    +4.79 pp<0.1% → 4.8%
  3. iShares Russell 1000 Growth ETF464287614
    +4.36 pp<0.1% → 4.4%
  4. iShares Russell 2000 ETF464287655
    +3.32 pp<0.1% → 3.4%
  5. iShares Russell Midcap ETF464287499
    +2.83 pp<0.1% → 2.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Core MSCI Eafe ETF46432F842
    −$153.5MReduced
  2. Elevation Series Trust210322731
    −$143.6MReduced
  3. Elevation Series Trust210322707
    −$135.8MSold out
  4. State Street SPDR Portfolio S&P 500 ETF78464A854
    −$110.2MReduced
  5. RBB FD Tr Pathfinder Disciplined US Equity ETF75526L670
    −$106.3MReduced

Largest weight decreases

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

  1. Elevation Series Trust210322707
    −10.16 pp10.2% → 0.0%
  2. Elevation Series Trust210322731
    −8.81 pp11.9% → 3.1%
  3. iShares Core MSCI Eafe ETF46432F842
    −8.42 pp12.1% → 3.7%
  4. Pathfinder Focused Opp75526L688
    −5.84 pp7.0% → 1.1%
  5. State Street SPDR Portfolio S&P 500 ETF78464A854
    −5.47 pp8.1% → 2.6%

Metrics

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

Portfolio value
$524.4M
−$811.8M (−60.8%) vs. prior quarter
Positions
189
−14 vs. prior quarter
Top 10 concentration
40.8%
Top 10 as share of value
Turnover
32.9%
Q2 2026, one quarter
Average holding period
6.0 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 $1.34B (Q1 2026)

Q4 2023: $389.0MQ1 2024: $466.2MQ2 2024: $507.2MQ3 2024: $614.1MQ4 2024: $701.7MQ1 2025: $829.9MQ2 2025: $939.3MQ3 2025: $1.06BQ4 2025: $1.23BQ1 2026: $1.34BQ2 2026: $524.4M
Q4 2023Q2 2026
13F filings of 49 Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 18, 2026Amended189$524.4MiShares Core S&P 500 ETFiShares Core MSCI Emerging Markets ETFiShares Core MSCI Total International Stock ETFvs. Q1 2026SEC
Q1 2026May 13, 2026203$1.34BiShares Core MSCI Eafe ETFElevation Series TrustElevation Series Trustvs. Q4 2025SEC
Q4 2025Feb 4, 2026198$1.23BState Street SPDR Portfolio S&P 500 ETFiShares Core MSCI Eafe ETFListed FD Trvs. Q3 2025SEC
Q3 2025Nov 12, 2025198$1.06BState Street SPDR Portfolio S&P 500 ETFiShares Core MSCI Eafe ETFListed FD Trvs. Q2 2025SEC
Q2 2025Aug 7, 2025178$939.3MState Street SPDR Portfolio S&P 500 ETFListed FD TriShares Core MSCI Eafe ETFvs. Q1 2025SEC
Q1 2025Apr 30, 2025189$829.9MListed FD TrState Street SPDR Portfolio S&P 500 ETFiShares Core MSCI Eafe ETFvs. Q4 2024SEC
Q4 2024Feb 18, 2025173$701.7MState Street SPDR Portfolio S&P 500 ETFListed FD TriShares MSCI USA Quality Factor ETFvs. Q3 2024SEC
Q3 2024Nov 12, 2024179$614.1MListed FD TrState Street SPDR Portfolio S&P 500 ETFiShares Core MSCI Eafe ETFvs. Q2 2024SEC
Q2 2024Jul 30, 2024158$507.2MListed FD TrJ P Morgan Exchange Traded FVanguard Morningstar Value ETFvs. Q1 2024SEC
Q1 2024May 7, 2024128$466.2MiShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFVanguard Morningstar Value ETFvs. Q4 2023SEC
Q4 2023May 7, 2024121$389.0MiShares TrJ P Morgan Exchange Traded FJ P Morgan Exchange Traded F–SEC