Blue Water Asset Management
- SEC CIK
- 0002033384
- Latest filing
- Aug 3, 2026
The latest 13F from Blue Water Asset Management covers Q2 2026 (filed Aug 3, 2026): 108 long positions worth $309.8M. The top 10 holdings make up 62.2% of the portfolio, and the largest is Pgim ETF Tr at 10.6%. Livermore has 3 filings on Form 13F from this institution, going back to Q4 2025.
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
- 7
- Est. +$2.05M
- Added
- 58
- Est. +$8.09M
- Reduced
- 29
- Est. −$4.29M
- Sold out
- 2
- Est. −$442.0K
Top 5 holdings
Share of this quarter's portfolio value
- Pgim ETF Tr69344A10710.6%$32.8M
- Invesco Exchange Traded FD T46137V4727.2%$22.4M
- J P Morgan Exchange Traded F46641Q6707.1%$21.8M
- State Street SPDR Portfolio S&P 500 ETF78464A8547.0%$21.6M
- Victory Portfolios II92647N5686.9%$21.2M
Share of portfolio
Top 5 holdings and the other 103 positions, by share of portfolio value
- Pgim ETF Tr10.6%
- Invesco Exchange Traded FD T7.2%
- J P Morgan Exchange Traded F7.1%
- State Street SPDR Portfolio S&P 500 ETF7.0%
- Victory Portfolios II6.9%
- Other 103 positions61.3%
Biggest buys
New and added positions, by estimated amount bought
- Morgan Stanley ETF Trust61774R825+$976.1KAdded
- Pgim Rock ETF Tr69420N833+$942.9KAdded
- J P Morgan Exchange Traded F46641Q670+$577.6KAdded
- Victory Portfolios II92647N527+$544.4KAdded
- Morgan Stanley ETF Trust61774R866+$519.2KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Victory Portfolios II92647N568+0.60 pp6.3% → 6.9%
- State Street SPDR Portfolio S&P 500 ETF78464A854+0.58 pp6.4% → 7.0%
- Pgim Rock ETF Tr69420N833+0.30 pp0.1% → 0.4%
- Invesco Exch Traded FD Tr II46138G698+0.29 pp5.6% → 5.9%
- Invesco Exchange Traded FD T46137V472+0.27 pp7.0% → 7.2%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Pgim ETF Tr69344A107−$1.09MReduced
- Hartford FDS Exchange Traded41653L503−$668.8KReduced
- J P Morgan Exchange Traded F46641Q332−$541.8KReduced
- JPMorgan Ultra-Short Income ETF46641Q837−$528.6KReduced
- Pgim Rock ETF Tr69420N767−$452.4KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Pgim ETF Tr69344A107−1.11 pp11.7% → 10.6%
- Hartford FDS Exchange Traded41653L503−0.38 pp3.0% → 2.6%
- J P Morgan Exchange Traded F46641Q332−0.33 pp2.3% → 2.0%
- JPMorgan Ultra-Short Income ETF46641Q837−0.31 pp2.1% → 1.8%
- Pgim Rock ETF Tr69420N767−0.14 pp1.3% → 1.1%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $309.8M
- +$20.4M (+7.1%) vs. prior quarter
- Positions
- 108
- +5 vs. prior quarter
- Top 10 concentration
- 62.2%
- Top 10 as share of value
- Turnover
- 1.6%
- Q2 2026, one quarter
- Average holding period
- 3.0 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 2025), so positions held before then are understated.
13F filings by quarter
3 quarters, going back to Q4 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $309.8M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 3, 2026 | 108 | $309.8M | Pgim ETF TrInvesco Exchange Traded FD TJ P Morgan Exchange Traded F | vs. Q1 2026 | SEC |
| Q1 2026 | May 5, 2026 | 103 | $289.4M | Pgim ETF TrJ P Morgan Exchange Traded FVictory Portfolios II | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 5, 2026 | 104 | $278.1M | Pgim ETF TrJ P Morgan Exchange Traded FVictory Portfolios II | – | SEC |