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Livermore
Livermore
ZHEN

Painted Porch Advisors LLC

SEC CIK
0002024585
Latest filing
Jul 24, 2026

The latest 13F from Painted Porch Advisors LLC covers Q2 2026 (filed Jul 24, 2026): 75 long positions worth $228.8M. The top 10 holdings make up 79.3% of the portfolio, and the largest is iShares Core S&P Small Cap ETF at 20.3%. Livermore has 11 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
14
Est. +$6.64M
Added
21
Est. +$1.38M
Reduced
19
Est. −$4.24M
Sold out
6
Est. −$1.96M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P Small Cap ETF464287804
    20.3%$46.5M
  2. BRK.BBerkshire Hathaway Inc
    17.3%$39.7MHistory
  3. iShares MSCI Eafe ETF464287465
    14.2%$32.4M
  4. Invesco Exch Traded FD Tr II46138E354
    10.6%$24.3M
  5. AAPLApple Inc.
    6.8%$15.6MHistory

Share of portfolio

Top 5 holdings and the other 70 positions, by share of portfolio value

  1. iShares Core S&P Small Cap ETF20.3%
  2. BRK.B17.3%
  3. iShares MSCI Eafe ETF14.2%
  4. Invesco Exch Traded FD Tr II10.6%
  5. AAPL6.8%
  6. Other 70 positions30.8%

Biggest buys

New and added positions, by estimated amount bought

  1. NTRSNorthern Trust Corp
    +$1.80MNewHistory
  2. Dimensional ETF Trust25434V724
    +$920.2KNew
  3. Dimensional U.S. Small Cap ETF25434V500
    +$633.9KAdded
  4. Dimensional U.S. Targeted Value ETF25434V609
    +$602.5KNew
  5. GLDSPDR Gold Trust
    +$598.2KNewHistory

Largest weight increases

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

  1. NTRSNorthern Trust Corp
    +0.79 pp0.0% → 0.8%History
  2. Dimensional ETF Trust25434V724
    +0.40 pp0.0% → 0.4%
  3. Dimensional U.S. Small Cap ETF25434V500
    +0.29 pp0.2% → 0.5%
  4. Dimensional U.S. Targeted Value ETF25434V609
    +0.26 pp0.0% → 0.3%
  5. GLDSPDR Gold Trust
    +0.26 pp0.0% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares MSCI Eafe ETF464287465
    −$1.54MReduced
  2. iShares Core S&P Small Cap ETF464287804
    −$1.34MReduced
  3. XOMExxonMobil Holdings Corp
    −$534.6KSold outHistory
  4. ZBRAZebra Technologies Corp
    −$360.0KSold outHistory
  5. Schwab U.S. Large-Cap Growth ETF808524300
    −$342.1KSold out

Largest weight decreases

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

  1. iShares MSCI Eafe ETF464287465
    −0.99 pp15.2% → 14.2%
  2. WMTWalmart Inc.
    −0.29 pp1.2% → 0.9%History
  3. XOMExxonMobil Holdings Corp
    −0.26 pp0.3% → 0.0%History
  4. ZBRAZebra Technologies Corp
    −0.17 pp0.2% → 0.0%History
  5. Schwab U.S. Large-Cap Growth ETF808524300
    −0.16 pp0.2% → 0.0%

Metrics

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

Portfolio value
$228.8M
+$19.3M (+9.2%) vs. prior quarter
Positions
75
+8 vs. prior quarter
Top 10 concentration
79.3%
Top 10 as share of value
Turnover
2.8%
Q2 2026, one quarter
Average holding period
10.5 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 (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 $262.4M (Q3 2025)

Q4 2023: $129.7MQ1 2024: $163.6MQ2 2024: $177.0MQ3 2024: $197.6MQ4 2024: $202.7MQ1 2025: $238.9MQ2 2025: $243.7MQ3 2025: $262.4MQ4 2025: $248.7MQ1 2026: $209.5MQ2 2026: $228.8M
Q4 2023Q2 2026
13F filings of Painted Porch Advisors LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 24, 202675$228.8MiShares Core S&P Small Cap ETFBRK.BiShares MSCI Eafe ETFvs. Q1 2026SEC
Q1 2026May 15, 202667$209.5MiShares Core S&P Small Cap ETFBRK.BiShares MSCI Eafe ETFvs. Q4 2025SEC
Q4 2025Mar 19, 202671$248.7MiShares MSCI Eafe ETFiShares Core S&P Small Cap ETFBRK.Bvs. Q3 2025SEC
Q3 2025Dec 9, 2025471$262.4MiShares MSCI Eafe ETFiShares Core S&P Small Cap ETFBRK.Bvs. Q2 2025SEC
Q2 2025Jul 14, 2025467$243.7MiShares MSCI Eafe ETFiShares Core S&P Small Cap ETFBRK.Bvs. Q1 2025SEC
Q1 2025Jul 14, 2025530$238.9MiShares MSCI Eafe ETFBRK.BiShares Core S&P Small Cap ETFvs. Q4 2024SEC
Q4 2024Jul 14, 2025485$202.7MBRK.BiShares Core S&P Small Cap ETFiShares MSCI Eafe ETFvs. Q3 2024SEC
Q3 2024Jul 14, 2025434$197.6MBRK.BiShares Core S&P Small Cap ETFiShares MSCI Eafe ETFvs. Q2 2024SEC
Q2 2024Jul 14, 2025403$177.0MBRK.BiShares Core S&P Small Cap ETFiShares MSCI Eafe ETFvs. Q1 2024SEC
Q1 2024Oct 22, 202464$163.6MBRK.BiShares Core S&P Small Cap ETFiShares MSCI Eafe ETFvs. Q4 2023SEC
Q4 2023Oct 22, 202449$129.7MBRK.BiShares Core S&P Small Cap ETFiShares MSCI Eafe ETF–SEC