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Mills Wealth Advisors LLC

SEC CIK
0002029294
Latest filing
Jul 7, 2026

The latest 13F from Mills Wealth Advisors LLC covers Q2 2026 (filed Jul 7, 2026): 76 long positions worth $317.6M. The top 10 holdings make up 70.3% of the portfolio, and the largest is Dimensional U.S. Core Equity 2 ETF at 14.9%. Livermore has 15 filings on Form 13F from this institution, going back to Q4 2022.

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
8
Est. +$4.56M
Added
34
Est. +$23.6M
Reduced
30
Est. −$5.29M
Sold out
12
Est. −$8.61M

Top 5 holdings

Share of this quarter's portfolio value

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    14.9%$47.5M
  2. Vanguard Malvern FDS922020748
    12.5%$39.7M
  3. Vanguard Mun BD FDS922907712
    10.8%$34.4M
  4. Dimensional ETF Trust25434V831
    6.6%$21.0M
  5. Dimensional ETF Trust25434V799
    6.2%$19.8M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Malvern FDS922020748
    +$4.47MAdded
  2. Vanguard Mun BD FDS922907712
    +$3.94MAdded
  3. Dimensional U.S. Core Equity 2 ETF25434V708
    +$1.94MAdded
  4. Dimensional ETF Trust25434V849
    +$1.65MAdded
  5. Vanguard Scottsdale FDS92206C102
    +$1.56MAdded

Largest weight increases

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

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    +1.02 pp13.9% → 14.9%
  2. Vanguard Scottsdale FDS92206C102
    +0.44 pp0.5% → 0.9%
  3. Dimensional ETF Trust25434V740
    +0.43 pp2.2% → 2.6%
  4. Vanguard Mun BD FDS922907712
    +0.37 pp10.5% → 10.8%
  5. Cohen & Steers ETF Trust19249U104
    +0.36 pp0.0% → 0.4%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. J P Morgan Exchange Traded F46641Q647
    −$2.15MSold out
  2. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −$1.94MSold out
  3. J P Morgan Exchange Traded F46641Q654
    −$1.82MSold out
  4. Vanguard Instl Index FD922040845
    −$1.81MReduced
  5. iShares Ibonds Dec 2026 Term Muni Bond ETF46435U259
    −$539.0KSold out

Largest weight decreases

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

  1. J P Morgan Exchange Traded F46641Q647
    −0.75 pp0.8% → 0.0%
  2. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −0.68 pp0.7% → 0.0%
  3. Vanguard Instl Index FD922040845
    −0.67 pp1.1% → 0.4%
  4. J P Morgan Exchange Traded F46641Q654
    −0.64 pp0.6% → 0.0%
  5. Vanguard Mun BD FDS922907696
    −0.55 pp4.5% → 4.0%

Metrics

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

Portfolio value
$317.6M
+$31.3M (+10.9%) vs. prior quarter
Positions
76
−4 vs. prior quarter
Top 10 concentration
70.3%
Top 10 as share of value
Turnover
4.6%
Q2 2026, one quarter
Average holding period
11.4 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 2022), so positions held before then are understated.

13F filings by quarter

15 quarters, going back to Q4 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $317.6M (Q2 2026)

Q4 2022: $110.6MQ1 2023: $124.1MQ2 2023: $131.6MQ3 2023: $124.9MQ4 2023: $131.3MQ1 2024: $136.3MQ2 2024: $139.9MQ3 2024: $145.3MQ4 2024: $175.8MQ1 2025: $188.3MQ2 2025: $218.1MQ3 2025: $245.8MQ4 2025: $253.6MQ1 2026: $286.3MQ2 2026: $317.6M
Q4 2022Q2 2026
13F filings of Mills Wealth Advisors LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 7, 202676$317.6MDimensional U.S. Core Equity 2 ETFVanguard Malvern FDSVanguard Mun BD FDSvs. Q1 2026SEC
Q1 2026Apr 24, 202680$286.3MDimensional U.S. Core Equity 2 ETFVanguard Malvern FDSVanguard Mun BD FDSvs. Q4 2025SEC
Q4 2025Jan 27, 202670$253.6MDimensional U.S. Core Equity 2 ETFVanguard Malvern FDSVanguard Mun BD FDSvs. Q3 2025SEC
Q3 2025Oct 10, 202571$245.8MDimensional U.S. Core Equity 2 ETFVanguard Malvern FDSVanguard Mun BD FDSvs. Q2 2025SEC
Q2 2025Jul 30, 202568$218.1MDimensional U.S. Core Equity 2 ETFVanguard Malvern FDSVanguard Mun BD FDSvs. Q1 2025SEC
Q1 2025Apr 29, 202563$188.3MDimensional U.S. Core Equity 2 ETFVanguard Malvern FDSVanguard Mun BD FDSvs. Q4 2024SEC
Q4 2024Feb 5, 202562$175.8MDimensional U.S. Core Equity 2 ETFVanguard Malvern FDSVanguard Mun BD FDSvs. Q3 2024SEC
Q3 2024Oct 21, 202455$145.3MDimensional U.S. Core Equity 2 ETFJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFvs. Q2 2024SEC
Q2 2024Aug 8, 202453$139.9MDimensional U.S. Core Equity 2 ETFJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFvs. Q1 2024SEC
Q1 2024Jul 3, 202454$136.3MJ P Morgan Exchange Traded FDimensional U.S. Core Equity 2 ETFJPMorgan Ultra-Short Income ETFvs. Q4 2023SEC
Q4 2023Jul 3, 202451$131.3MJ P Morgan Exchange Traded FDimensional U.S. Core Equity 2 ETFJPMorgan Ultra-Short Income ETFvs. Q3 2023SEC
Q3 2023Jul 3, 202449$124.9MJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFDimensional U.S. Core Equity 2 ETFvs. Q2 2023SEC
Q2 2023Jul 3, 202447$131.6MJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFDimensional U.S. Core Equity 2 ETFvs. Q1 2023SEC
Q1 2023Jul 3, 202445$124.1MJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFDimensional U.S. Core Equity 2 ETFvs. Q4 2022SEC
Q4 2022Jul 3, 202451$110.6MJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFDimensional U.S. Core Equity 2 ETF–SEC