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Livermore
Livermore
ZHEN

Diversified Enterprises, LLC

SEC CIK
0002037264
Latest filing
Jul 31, 2026

The latest 13F from Diversified Enterprises, LLC covers Q2 2026 (filed Jul 31, 2026): 425 long positions worth $2.07B. The top 10 holdings make up 59.9% of the portfolio, and the largest is Schwab U.S. Large-Cap ETF at 26.8%. Livermore has 8 filings on Form 13F from this institution, going back to Q3 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
31
Est. +$8.60M
Added
176
Est. +$58.6M
Reduced
196
Est. −$35.8M
Sold out
18
Est. −$7.36M

Top 5 holdings

Share of this quarter's portfolio value

  1. Schwab U.S. Large-Cap ETF808524201
    26.8%$553.8M
  2. Vanguard Dividend Appreciation ETF921908844
    8.2%$170.3M
  3. Harbor ETF Trust41151J885
    4.5%$92.2M
  4. ETF Ser Solutions26922A446
    4.0%$82.0M
  5. SPDR Series Trust78464A201
    3.2%$66.1M

Biggest buys

New and added positions, by estimated amount bought

  1. Schwab U.S. Large-Cap ETF808524201
    +$18.6MAdded
  2. Vanguard Dividend Appreciation ETF921908844
    +$6.92MAdded
  3. Harbor ETF Trust41151J885
    +$4.58MAdded
  4. ETF Ser Solutions26922A446
    +$3.13MAdded
  5. ETF Ser Solutions26922A388
    +$1.92MAdded

Largest weight increases

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

  1. Schwab U.S. Large-Cap ETF808524201
    +1.24 pp25.6% → 26.8%
  2. SPDR Series Trust78464A201
    +0.34 pp2.9% → 3.2%
  3. SEI Exchange Traded Funds81589A601
    +0.28 pp2.4% → 2.7%
  4. MUMicron Technology Inc
    +0.20 pp0.1% → 0.3%History
  5. AMDAdvanced Micro Devices Inc
    +0.10 pp0.1% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPYSPDR S&P 500 ETF Trust
    −$9.72MReducedHistory
  2. BKNGBooking Holdings Inc.
    −$7.27MReducedConverted for a 25-for-1 splitHistory
  3. Ea Series Trust02072Q275
    −$2.94MSold out
  4. Janus Detroit STR Tr47103U845
    −$1.93MReduced
  5. SEI Exchange Traded Funds81589A403
    −$984.2KReduced

Largest weight decreases

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

  1. SPYSPDR S&P 500 ETF Trust
    −0.46 pp0.5% → 0.1%History
  2. SEI Exchange Traded Funds81589A403
    −0.36 pp2.9% → 2.5%
  3. First Tr Exchange-Traded FD33733E104
    −0.22 pp1.8% → 1.6%
  4. Ea Series Trust02072Q275
    −0.16 pp0.2% → 0.0%
  5. XOMExxonMobil Holdings Corp
    −0.14 pp0.5% → 0.3%History

Metrics

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

Portfolio value
$2.07B
+$242.3M (+13.3%) vs. prior quarter
Positions
425
+13 vs. prior quarter
Top 10 concentration
59.9%
Top 10 as share of value
Turnover
2.2%
Q2 2026, one quarter
Average holding period
7.2 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 (Q3 2024), so positions held before then are understated.

13F filings by quarter

8 quarters, going back to Q3 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.07B (Q2 2026)

Q3 2024: $911.0MQ4 2024: $1.04BQ1 2025: $1.19BQ2 2025: $1.34BQ3 2025: $1.48BQ4 2025: $1.68BQ1 2026: $1.82BQ2 2026: $2.07B
Q3 2024Q2 2026
13F filings of Diversified Enterprises, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 31, 2026425$2.07BSchwab U.S. Large-Cap ETFVanguard Dividend Appreciation ETFHarbor ETF Trustvs. Q1 2026SEC
Q1 2026May 15, 2026412$1.82BSchwab U.S. Large-Cap ETFVanguard Dividend Appreciation ETFHarbor ETF Trustvs. Q4 2025SEC
Q4 2025Jan 28, 2026394$1.68BSchwab U.S. Large-Cap ETFVanguard Dividend Appreciation ETFHarbor ETF Trustvs. Q3 2025SEC
Q3 2025Oct 10, 2025321$1.48BSchwab U.S. Large-Cap ETFVanguard Dividend Appreciation ETFHarbor ETF Trustvs. Q2 2025SEC
Q2 2025Jul 16, 2025313$1.34BSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFHarbor ETF Trustvs. Q1 2025SEC
Q1 2025May 15, 2025304$1.19BSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFHarbor ETF Trustvs. Q4 2024SEC
Q4 2024Feb 10, 2025231$1.04BSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFiShares Core S&P 500 ETFvs. Q3 2024SEC
Q3 2024Nov 14, 2024229$911.0MSchwab U.S. Large-Cap ETFSchwab US Dividend Equity ETFiShares Russell 2000 ETF–SEC