Richmond Investment Services, LLC
- SEC CIK
- 0002031991
- Latest filing
- Jul 27, 2026
The latest 13F from Richmond Investment Services, LLC covers Q2 2026 (filed Jul 27, 2026): 145 long positions worth $316.1M. The top 10 holdings make up 51.3% of the portfolio, and the largest is iShares Tr at 12.8%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 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
- 15
- Est. +$7.65M
- Added
- 5
- Est. +$10.2M
- Reduced
- 125
- Est. −$324.7M
- Sold out
- 125
- Est. −$72.8M
Top 5 holdings
Share of this quarter's portfolio value
- iShares Tr46428944612.8%$40.3M
- Invesco QQQ Trust Series I46090E1038.6%$27.2M
- State Street SPDR Portfolio S&P 500 ETF78464A8546.9%$21.7M
- VanEck Semiconductor ETF92189F6764.3%$13.6M
- Janus Detroit STR Tr47103U8863.6%$11.4M
Share of portfolio
Top 5 holdings and the other 140 positions, by share of portfolio value
- iShares Tr12.8%
- Invesco QQQ Trust Series I8.6%
- State Street SPDR Portfolio S&P 500 ETF6.9%
- VanEck Semiconductor ETF4.3%
- Janus Detroit STR Tr3.6%
- Other 140 positions63.9%
Biggest buys
New and added positions, by estimated amount bought
- First Tr Exchange Traded FD33738R704+$6.38MAdded
- Trust for Professional Manag89834G760+$2.10MAdded
- FTHFaeth Therapeutics, Inc.
- J P Morgan Exchange Traded F46641Q332+$1.15MAdded
- Invesco Exch Traded FD Tr II46138E743+$761.4KNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- First Tr Exchange Traded FD33738R704+2.26 pp0.2% → 2.4%
- Trust for Professional Manag89834G760+0.78 pp0.1% → 0.9%
- FTHFaeth Therapeutics, Inc.
- J P Morgan Exchange Traded F46641Q332+0.45 pp0.1% → 0.5%
- Capital Group Core Balanced14021D107+0.40 pp0.2% → 0.6%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Tr464289446−$35.5MReduced
- Invesco QQQ Trust Series I46090E103−$23.8MReduced
- VanEck Morningstar Wide Moat ETF92189F643−$21.6MReduced
- State Street SPDR Portfolio S&P 500 ETF78464A854−$19.6MReduced
- Janus Detroit STR Tr47103U886−$10.6MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- VanEck Morningstar Wide Moat ETF92189F643−1.60 pp4.7% → 3.1%
- VanEck ETF Trust92189F106−0.62 pp3.8% → 3.2%
- First Tr Exch Traded FD III33739P103−0.61 pp0.7% → 0.1%
- Vanguard Morningstar Growth ETF922908736−0.53 pp2.0% → 1.5%
- iShares Core S&P 500 ETF464287200−0.44 pp0.6% → 0.2%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $316.1M
- −$302.7M (−48.9%) vs. prior quarter
- Positions
- 145
- −110 vs. prior quarter
- Top 10 concentration
- 51.3%
- Top 10 as share of value
- Turnover
- 3.8%
- Q2 2026, one quarter
- Average holding period
- 6.3 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 2024), so positions held before then are understated.
13F filings by quarter
7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $618.8M (Q1 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 27, 2026 | 145 | $316.1M | iShares TrInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 29, 2026 | 255 | $618.8M | iShares TrInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 12, 2026 | 235 | $578.5M | iShares TrInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETF | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 12, 2025 | 224 | $537.4M | iShares TrInvesco QQQ Trust Series IState Street SPDR Portfolio S&P 500 ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 12, 2025 | 207 | $473.5M | iShares TrInvesco QQQ Trust Series IVanEck Morningstar Wide Moat ETF | vs. Q1 2025 | SEC |
| Q1 2025 | May 14, 2025 | 111 | $184.1M | iShares TrVanEck Morningstar Wide Moat ETFInvesco QQQ Trust Series I | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 19, 2025 | 106 | $178.1M | iShares TrVanEck Morningstar Wide Moat ETFInvesco QQQ Trust Series I | – | SEC |