Hershey Financial Advisers, LLC
- SEC CIK
- 0002034214
- Latest filing
- Aug 11, 2026
The latest 13F from Hershey Financial Advisers, LLC covers Q2 2026 (filed Aug 11, 2026): 85 long positions worth $139.2M. The top 10 holdings make up 34.1% of the portfolio, and the largest is Dell Technologies Inc. (DELL) at 4.8%. Livermore has 7 filings on Form 13F from this institution, going back to Q2 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
- 27
- Est. +$42.4M
- Added
- 26
- Est. +$15.3M
- Reduced
- 32
- Est. −$7.11M
- Sold out
- 22
- Est. −$41.3M
Top 5 holdings
Share of this quarter's portfolio value
Biggest buys
New and added positions, by estimated amount bought
- PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833+$5.53MNew
- Janus Detroit STR Tr47103U886+$4.17MNew
- iShares Tr464289883+$4.00MNew
- JPMorgan Ultra-Short Income ETF46641Q837+$3.88MAdded
- AMDAdvanced Micro Devices Inc
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833+3.97 pp0.0% → 4.0%
- Janus Detroit STR Tr47103U886+2.99 pp0.0% → 3.0%
- DELLDell Technologies Inc.
- iShares Tr464289883+2.87 pp0.0% → 2.9%
- JPMorgan Ultra-Short Income ETF46641Q837+2.75 pp0.2% → 3.0%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Tr46435G102−$6.42MSold out
- VanEck ETF Trust92189F437−$4.08MSold out
- iShares Tr46429B747−$3.90MSold out
- iShares Tr46434V860−$3.79MSold out
- First Tr Exchange-Traded FD336917109−$2.87MSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Tr46435G102−5.55 pp5.5% → 0.0%
- VanEck ETF Trust92189F437−3.52 pp3.5% → 0.0%
- iShares Tr46429B747−3.36 pp3.4% → 0.0%
- iShares Tr46434V860−3.27 pp3.3% → 0.0%
- First Tr Exchange-Traded FD336917109−2.48 pp2.5% → 0.0%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $139.2M
- +$23.4M (+20.2%) vs. prior quarter
- Positions
- 85
- +5 vs. prior quarter
- Top 10 concentration
- 34.1%
- Top 10 as share of value
- Turnover
- 38.0%
- Q2 2026, one quarter
- Average holding period
- 2.8 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 (Q2 2024), so positions held before then are understated.
13F filings by quarter
7 quarters, going back to Q2 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $139.2M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 11, 2026 | 85 | $139.2M | DELLState Street SPDR Bloomberg Convertible Securities ETFPIMCO Enhanced Short Maturity Active Exchange-Traded Fund | vs. Q1 2026 | SEC |
| Q1 2026 | May 6, 2026 | 80 | $115.8M | iShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFState Street SPDR Bloomberg Convertible Securities ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 18, 2026 | 78 | $118.3M | Vanguard Total Bond Market ETFEa Series TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETF | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 17, 2025 | 76 | $116.7M | State Street SPDR Bloomberg 1-3 Month T-Bill ETFSPDR Series TrustEa Series Trust | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 18, 2025 | 69 | $111.7M | State Street SPDR Bloomberg 1-3 Month T-Bill ETFSPDR Series TrustEa Series Trust | – | SEC |
| Q4 2024 | Feb 11, 2025 | 63 | $113.6M | State Street SPDR Bloomberg 1-3 Month T-Bill ETFSPDR Series TrustPIMCO Enhanced Short Maturity Active Exchange-Traded Fund | – | SEC |
| Q2 2024 | Aug 19, 2024 | 157 | $111.4M | State Street SPDR Bloomberg 1-3 Month T-Bill ETFSPDR Series TrustNVDA | – | SEC |