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Livermore
Livermore
ZHEN

New Covenant Trust Company, N.A.

SEC CIK
0002023097
Latest filing
Jul 13, 2026

The latest 13F from New Covenant Trust Company, N.A. covers Q2 2026 (filed Jul 13, 2026): 107 long positions worth $132.7M. The top 10 holdings make up 54.5% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 13.1%. Livermore has 11 filings on Form 13F from this institution, going back to Q1 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
12
Est. +$2.95M
Added
71
Est. +$4.99M
Reduced
16
Est. −$2.15M
Sold out
1
Est. −$283.2K

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Total Stock Market ETF922908769
    13.1%$17.3M
  2. Vanguard Star FDS921909768
    8.3%$11.0M
  3. Vanguard Total Bond Market ETF921937835
    6.1%$8.14M
  4. Vanguard World FD921910733
    5.7%$7.60M
  5. Vanguard World FD921910725
    4.3%$5.71M

Share of portfolio

Top 5 holdings and the other 102 positions, by share of portfolio value

  1. Vanguard Morningstar Total Stock Market ETF13.1%
  2. Vanguard Star FDS8.3%
  3. Vanguard Total Bond Market ETF6.1%
  4. Vanguard World FD5.7%
  5. Vanguard World FD4.3%
  6. Other 102 positions62.5%

Biggest buys

New and added positions, by estimated amount bought

  1. NVDANVIDIA Corp
    +$410.2KAddedHistory
  2. Vanguard Morningstar Mid-Cap ETF922908629
    +$382.9KAddedConverted for a 4-for-1 split
  3. WELLWelltower Inc.
    +$349.5KNewHistory
  4. KLACKLA Corp
    +$334.3KNewHistory
  5. GEVGE Vernova Inc.
    +$317.2KAddedHistory

Largest weight increases

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

  1. AMDAdvanced Micro Devices Inc
    +0.44 pp0.3% → 0.7%History
  2. AMATApplied Materials Inc
    +0.29 pp0.3% → 0.6%History
  3. GEVGE Vernova Inc.
    +0.29 pp0.3% → 0.6%History
  4. LRCXLam Research Corp
    +0.27 pp0.2% → 0.5%History
  5. WELLWelltower Inc.
    +0.26 pp0.0% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard World FD921910733
    −$1.47MReduced
  2. FDXFedEx Corp
    −$283.2KSold outHistory
  3. ETNEaton Corp plc
    −$167.9KReducedHistory
  4. iShares Tr464288802
    −$145.0KReduced
  5. Vanguard Morningstar Total Stock Market ETF922908769
    −$108.1KReduced

Largest weight decreases

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

  1. Vanguard World FD921910733
    −1.14 pp6.9% → 5.7%
  2. Vanguard Morningstar Total Stock Market ETF922908769
    −0.43 pp13.5% → 13.1%
  3. FDXFedEx Corp
    −0.25 pp0.3% → 0.0%History
  4. Vanguard World FD921910725
    −0.15 pp4.4% → 4.3%
  5. Vanguard S&P 500 ETF922908363
    −0.13 pp3.8% → 3.7%

Metrics

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

Portfolio value
$132.7M
+$20.6M (+18.4%) vs. prior quarter
Positions
107
+11 vs. prior quarter
Top 10 concentration
54.5%
Top 10 as share of value
Turnover
2.0%
Q2 2026, one quarter
Average holding period
9.2 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 (Q1 2024), so positions held before then are understated.

13F filings by quarter

10 quarters, going back to Q1 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $132.7M (Q2 2026)

Q1 2024: $100.0MQ2 2024: $87.0MQ3 2024: $103.2MQ4 2024: $100.7MQ1 2025: $94.7MQ2 2025: $111.9MQ3 2025: $107.4MQ4 2025: $110.9MQ1 2026: $112.0MQ2 2026: $132.7M
Q1 2024Q2 2026
13F filings of New Covenant Trust Company, N.A. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 13, 2026107$132.7MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q1 2026SEC
Q1 2026Apr 17, 202696$112.0MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q4 2025SEC
Q4 2025Jan 13, 202690$110.9MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard World FDvs. Q3 2025SEC
Q3 2025Oct 7, 202587$107.4MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q2 2025SEC
Q2 2025Jul 17, 202583$111.9MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q1 2025SEC
Q1 2025Apr 23, 202586$94.7MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q4 2024SEC
Q4 2024Feb 6, 202585$100.7MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q3 2024SEC
Q3 2024Oct 29, 202490$103.2MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard Total Bond Market ETFvs. Q2 2024SEC
Q2 2024Jul 30, 202476$87.0MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard World FDvs. Q1 2024SEC
Q1 2024May 17, 2024Amended419$100.0MVanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard World FD–SEC