Skip to main content
Livermore
Livermore
ZHEN

Carrera Capital Advisors

SEC CIK
0002035329
Latest filing
Aug 3, 2026

The latest 13F from Carrera Capital Advisors covers Q2 2026 (filed Aug 3, 2026): 210 long positions worth $674.9M. The top 10 holdings make up 48.9% of the portfolio, and the largest is Bondbloxx ETF Trust at 22.3%. Livermore has 9 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.

Full comparison
New
32
Est. +$42.4M
Added
103
Est. +$42.7M
Reduced
61
Est. −$56.9M
Sold out
10
Est. −$7.72M

Top 5 holdings

Share of this quarter's portfolio value

  1. Bondbloxx ETF Trust09789C788
    22.3%$150.8M
  2. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    4.4%$29.9M
  3. ProShares Tr74348A467
    3.8%$25.5M
  4. Vanguard Ftse Developed Markets ETF921943858
    2.9%$19.7M
  5. First Tr Exchange Trad FD VI33739H101
    2.8%$18.7M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Real Estate ETF922908553
    +$17.4MAdded
  2. Bondbloxx ETF Trust09789C788
    +$8.65MAdded
  3. PEPPepsiCo Inc
    +$5.03MNewHistory
  4. ALKSAlkermes plc.
    +$4.72MNewHistory
  5. LTCLTC Properties Inc
    +$4.16MNewHistory

Largest weight increases

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

  1. Vanguard Real Estate ETF922908553
    +2.59 pp0.1% → 2.7%
  2. PEPPepsiCo Inc
    +0.75 pp0.0% → 0.7%History
  3. ALKSAlkermes plc.
    +0.70 pp0.0% → 0.7%History
  4. LTCLTC Properties Inc
    +0.62 pp0.0% → 0.6%History
  5. FRTFederal Realty Investment Trust
    +0.54 pp0.0% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. First Tr Exchange Trad FD VI33739H101
    −$10.1MReduced
  2. American Centy ETF Tr025072604
    −$9.71MReduced
  3. MTArcelorMittal
    −$6.13MReducedHistory
  4. CPACopa Holdings, S.A.
    −$5.41MReducedHistory
  5. BWABorgwarner Inc
    −$3.40MReducedHistory

Largest weight decreases

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

  1. First Tr Exchange Trad FD VI33739H101
    −1.93 pp4.7% → 2.8%
  2. American Centy ETF Tr025072604
    −1.24 pp1.3% → 0.1%
  3. Agf Invts Tr00110G408
    −1.20 pp3.7% → 2.5%
  4. MTArcelorMittal
    −0.81 pp0.9% → 0.1%History
  5. CPACopa Holdings, S.A.
    −0.59 pp0.7% → 0.1%History

Metrics

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

Portfolio value
$674.9M
+$25.7M (+4.0%) vs. prior quarter
Positions
210
+22 vs. prior quarter
Top 10 concentration
48.9%
Top 10 as share of value
Turnover
9.8%
Q2 2026, one quarter
Average holding period
6.5 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 (Q2 2024), so positions held before then are understated.

13F filings by quarter

9 quarters, going back to Q2 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $674.9M (Q2 2026)

Q2 2024: $306.0MQ3 2024: $408.9MQ4 2024: $427.2MQ1 2025: $451.5MQ2 2025: $496.6MQ3 2025: $557.4MQ4 2025: $594.7MQ1 2026: $649.1MQ2 2026: $674.9M
Q2 2024Q2 2026
13F filings of Carrera Capital Advisors by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 3, 2026210$674.9MBondbloxx ETF TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETFProShares Trvs. Q1 2026SEC
Q1 2026May 4, 2026188$649.1MBondbloxx ETF TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETFFirst Tr Exchange Trad FD VIvs. Q4 2025SEC
Q4 2025Jan 30, 2026171$594.7MBondbloxx ETF TrustProShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q3 2025SEC
Q3 2025Nov 4, 2025151$557.4MBondbloxx ETF TrustProShares TrState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q2 2025SEC
Q2 2025Jul 31, 2025143$496.6MBondbloxx ETF TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETFProShares Trvs. Q1 2025SEC
Q1 2025May 7, 2025148$451.5MBondbloxx ETF TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETFBondbloxx ETF Trustvs. Q4 2024SEC
Q4 2024Feb 6, 2025137$427.2MBondbloxx ETF TrustState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares MSCI USA Min Vol Factor ETFvs. Q3 2024SEC
Q3 2024Nov 5, 2024108$408.9MBondbloxx ETF TrustiShares MSCI USA Min Vol Factor ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q2 2024SEC
Q2 2024Aug 27, 202485$306.0MState Street SPDR Bloomberg 1-3 Month T-Bill ETFiShares MSCI USA Min Vol Factor ETFiShares Tr–SEC