Skip to main content
Livermore
Livermore
ZHEN

Code Waechter LLC

SEC CIK
0002039212
Latest filing
Jul 31, 2026

The latest 13F from Code Waechter LLC covers Q2 2026 (filed Jul 31, 2026): 127 long positions worth $193.3M. The top 10 holdings make up 51.1% of the portfolio, and the largest is Schwab U.S. Large-Cap Growth ETF at 10.7%. 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
13
Est. +$10.5M
Added
48
Est. +$6.15M
Reduced
42
Est. −$9.10M
Sold out
4
Est. −$900.0K

Top 5 holdings

Share of this quarter's portfolio value

  1. Schwab U.S. Large-Cap Growth ETF808524300
    10.7%$20.7M
  2. Capital Group Dividend Value14020W106
    8.8%$17.0M
  3. Vanguard Morningstar Small-Cap ETF922908751
    7.0%$13.6M
  4. iShares Tr46436E718
    5.9%$11.4M
  5. Vanguard Admiral FDS Inc921932794
    4.5%$8.77M

Biggest buys

New and added positions, by estimated amount bought

  1. American Centy ETF Tr025072877
    +$5.59MNew
  2. ETF Ser Solutions26922B451
    +$1.79MNew
  3. Vanguard Morningstar Small-Cap ETF922908751
    +$886.6KAdded
  4. Capital Group Dividend Value14020W106
    +$881.0KAdded
  5. Schwab U.S. Large-Cap Growth ETF808524300
    +$641.1KAdded

Largest weight increases

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

  1. American Centy ETF Tr025072877
    +2.89 pp0.0% → 2.9%
  2. ETF Ser Solutions26922B451
    +0.93 pp0.0% → 0.9%
  3. Capital Group Dividend Value14020W106
    +0.53 pp8.3% → 8.8%
  4. Vanguard Morningstar Small-Cap ETF922908751
    +0.51 pp6.5% → 7.0%
  5. Vanguard Admiral FDS Inc921932794
    +0.47 pp4.1% → 4.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Admiral FDS Inc921932778
    −$5.42MReduced
  2. Schwab Intermediate-Term US Treasury ETF808524854
    −$1.31MReduced
  3. iShares Tr46436E718
    −$267.5KReduced
  4. AIGAmerican International Group, Inc.
    −$257.9KSold outHistory
  5. LLYEli Lilly & Co
    −$227.9KReducedHistory

Largest weight decreases

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

  1. Vanguard Admiral FDS Inc921932778
    −2.79 pp4.6% → 1.8%
  2. Schwab Intermediate-Term US Treasury ETF808524854
    −1.12 pp3.2% → 2.1%
  3. iShares Tr46436E718
    −1.03 pp6.9% → 5.9%
  4. XOMExxonMobil Holdings Corp
    −0.28 pp0.6% → 0.3%History
  5. AIGAmerican International Group, Inc.
    −0.15 pp0.2% → 0.0%History

Metrics

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

Portfolio value
$193.3M
+$25.0M (+14.9%) vs. prior quarter
Positions
127
+9 vs. prior quarter
Top 10 concentration
51.1%
Top 10 as share of value
Turnover
5.5%
Q2 2026, one quarter
Average holding period
6.2 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 $193.3M (Q2 2026)

Q3 2024: $104.9MQ4 2024: $114.6MQ1 2025: $121.6MQ2 2025: $140.6MQ3 2025: $153.2MQ4 2025: $155.7MQ1 2026: $168.3MQ2 2026: $193.3M
Q3 2024Q2 2026
13F filings of Code Waechter LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 31, 2026127$193.3MSchwab U.S. Large-Cap Growth ETFCapital Group Dividend ValueVanguard Morningstar Small-Cap ETFvs. Q1 2026SEC
Q1 2026Apr 15, 2026118$168.3MSchwab U.S. Large-Cap Growth ETFCapital Group Dividend ValueiShares Trvs. Q4 2025SEC
Q4 2025Jan 26, 2026108$155.7MSchwab U.S. Large-Cap Growth ETFCapital Group Dividend ValueiShares Trvs. Q3 2025SEC
Q3 2025Oct 22, 2025112$153.2MSchwab U.S. Large-Cap Growth ETFiShares TrCapital Group Dividend Valuevs. Q2 2025SEC
Q2 2025Aug 5, 2025111$140.6MSchwab U.S. Large-Cap Growth ETFCapital Group Dividend ValueiShares Trvs. Q1 2025SEC
Q1 2025Apr 30, 2025126$121.6MSchwab U.S. Large-Cap Growth ETFPacer US Small Cap Cash Cows ETFCapital Group Dividend Valuevs. Q4 2024SEC
Q4 2024Jan 13, 2025101$114.6MSchwab U.S. Large-Cap Growth ETFPacer US Small Cap Cash Cows ETFPacer US Cash Cows 100 ETFvs. Q3 2024SEC
Q3 2024Oct 10, 2024100$104.9MSchwab U.S. Large-Cap Growth ETFPacer US Small Cap Cash Cows ETFSchwab Intermediate-Term US Treasury ETF–SEC