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Livermore
Livermore
ZHEN

Global Wealth Management, LLC

SEC CIK
0002039738
Latest filing
Jul 20, 2026

The latest 13F from Global Wealth Management, LLC covers Q2 2026 (filed Jul 20, 2026): 47 long positions worth $196.4M. The top 10 holdings make up 78.4% of the portfolio, and the largest is J P Morgan Exchange Traded F at 13.0%. 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
5
Est. +$1.31M
Added
25
Est. +$1.36M
Reduced
7
Est. −$2.23M
Sold out
2
Est. −$535.9K

Top 5 holdings

Share of this quarter's portfolio value

  1. J P Morgan Exchange Traded F46641Q654
    13.0%$25.6M
  2. Schwab U.S. Broad Market ETF808524102
    12.0%$23.5M
  3. Vanguard BD Index FDS92203C303
    11.4%$22.4M
  4. Schwab US Dividend Equity ETF808524797
    10.2%$19.9M
  5. iShares Core S&P 500 ETF464287200
    8.9%$17.5M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard BD Index FDS92203C303
    +$512.0KAdded
  2. American Centy ETF Tr025072877
    +$347.3KNew
  3. Schwab US Dividend Equity ETF808524797
    +$342.9KAdded
  4. UNHUnitedHealth Group Inc
    +$293.0KNewHistory
  5. GOOGLAlphabet Inc.
    +$239.7KNewHistory

Largest weight increases

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

  1. iShares Core S&P 500 ETF464287200
    +0.60 pp8.3% → 8.9%
  2. Invesco QQQ Trust Series I46090E103
    +0.51 pp2.4% → 3.0%
  3. Vanguard Morningstar Total Stock Market ETF922908769
    +0.30 pp3.9% → 4.2%
  4. American Centy ETF Tr025072877
    +0.18 pp0.0% → 0.2%
  5. Vanguard Dividend Appreciation ETF921908844
    +0.17 pp6.0% → 6.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. J P Morgan Exchange Traded F46641Q654
    −$1.04MReduced
  2. iShares Core S&P Mid-Cap ETF464287507
    −$415.9KReduced
  3. AMZNAmazon Com Inc
    −$312.2KReducedHistory
  4. Vanguard Star FDS921909768
    −$302.1KSold out
  5. XOMExxonMobil Holdings Corp
    −$233.8KSold outHistory

Largest weight decreases

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

  1. J P Morgan Exchange Traded F46641Q654
    −1.48 pp14.5% → 13.0%
  2. SIVRabrdn Silver ETF Trust
    −0.81 pp3.0% → 2.2%History
  3. Vanguard Star FDS921909768
    −0.16 pp0.2% → 0.0%
  4. XOMExxonMobil Holdings Corp
    −0.13 pp0.1% → 0.0%History
  5. AMZNAmazon Com Inc
    −0.12 pp0.5% → 0.4%History

Metrics

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

Portfolio value
$196.4M
+$12.9M (+7.1%) vs. prior quarter
Positions
47
+3 vs. prior quarter
Top 10 concentration
78.4%
Top 10 as share of value
Turnover
1.4%
Q2 2026, one quarter
Average holding period
7.5 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 (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 $196.4M (Q2 2026)

Q3 2024: $147.8MQ4 2024: $156.6MQ1 2025: $173.3MQ2 2025: $182.3MQ3 2025: $190.5MQ4 2025: $185.8MQ1 2026: $183.4MQ2 2026: $196.4M
Q3 2024Q2 2026
13F filings of Global Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 20, 202647$196.4MJ P Morgan Exchange Traded FSchwab U.S. Broad Market ETFVanguard BD Index FDSvs. Q1 2026SEC
Q1 2026Apr 16, 202644$183.4MJ P Morgan Exchange Traded FVanguard BD Index FDSSchwab U.S. Broad Market ETFvs. Q4 2025SEC
Q4 2025Jan 26, 202641$185.8MJ P Morgan Exchange Traded FSchwab U.S. Broad Market ETFVanguard BD Index FDSvs. Q3 2025SEC
Q3 2025Oct 17, 202535$190.5MJ P Morgan Exchange Traded FSchwab U.S. Broad Market ETFVanguard BD Index FDSvs. Q2 2025SEC
Q2 2025Jul 16, 202532$182.3MVanguard BD Index FDSJ P Morgan Exchange Traded FSchwab U.S. Broad Market ETFvs. Q1 2025SEC
Q1 2025Apr 14, 202528$173.3MVanguard BD Index FDSJ P Morgan Exchange Traded FSchwab U.S. Broad Market ETFvs. Q4 2024SEC
Q4 2024Jan 16, 202530$156.6MSchwab U.S. Broad Market ETFJ P Morgan Exchange Traded FiShares Core S&P 500 ETFvs. Q3 2024SEC
Q3 2024Oct 24, 202426$147.8MSchwab U.S. Broad Market ETFSchwab US Dividend Equity ETFiShares Core S&P 500 ETF–SEC