Five Pine Wealth Management
- SEC CIK
- 0002041807
- Latest filing
- Aug 13, 2026
The latest 13F from Five Pine Wealth Management covers Q2 2026 (filed Aug 13, 2026): 51 long positions worth $176.7M. The top 10 holdings make up 73.2% of the portfolio, and the largest is Vanguard Total Bond Market ETF at 13.8%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 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
- 6
- Est. +$1.35M
- Added
- 19
- Est. +$4.11M
- Reduced
- 24
- Est. −$2.15M
- Sold out
- 2
- Est. −$581.9K
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Total Bond Market ETF92193783513.8%$24.5M
- Vanguard Ftse All-World Ex-US Index Fund92204277513.1%$23.2M
- Vanguard Morningstar Growth ETF9229087369.3%$16.4M
- Vanguard Morningstar Value ETF9229087447.7%$13.5M
- Vanguard S&P 500 ETF9229083637.0%$12.4M
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Scottsdale FDS92206C706+$854.2KAdded
- Vanguard Total Bond Market ETF921937835+$715.9KAdded
- First Tr Exchng Traded FD VI33740U703+$597.4KAdded
- Vanguard Total International Bond ETF92203J407+$329.4KAdded
- PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833+$290.8KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard S&P 500 ETF922908363+0.41 pp6.6% → 7.0%
- First Tr Exchng Traded FD VI33740U703+0.30 pp1.1% → 1.4%
- Vanguard Index FDS922908652+0.29 pp1.8% → 2.1%
- Vanguard Ftse All-World Ex-US Index Fund922042775+0.28 pp12.8% → 13.1%
- First Trust Rising Dividend Achievers ETF33738R506+0.28 pp3.1% → 3.3%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Morningstar Growth ETF922908736−$384.3KReducedConverted for a 6-for-1 split
- AGFirst Majestic Silver Corp
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663−$307.9KReduced
- Vanguard Morningstar Value ETF922908744−$279.4KReduced
- Vanguard Morningstar Small-Cap ETF922908751−$244.6KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- AGFirst Majestic Silver Corp
- iShares U S ETF Tr46431W838−0.22 pp1.0% → 0.8%
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663−0.22 pp0.5% → 0.3%
- Vanguard Scottsdale FDS92206C409−0.20 pp1.8% → 1.6%
- First Tr Exchng Traded FD VI33740F755−0.13 pp2.3% → 2.2%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $176.7M
- +$15.9M (+9.9%) vs. prior quarter
- Positions
- 51
- +4 vs. prior quarter
- Top 10 concentration
- 73.2%
- Top 10 as share of value
- Turnover
- 1.6%
- Q2 2026, one quarter
- Average holding period
- 6.9 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 (Q4 2024), so positions held before then are understated.
13F filings by quarter
7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $176.7M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | 51 | $176.7M | Vanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 17, 2026 | 47 | $160.9M | Vanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 21, 2026 | 42 | $155.9M | Vanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETF | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 10, 2025 | 42 | $147.9M | Vanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 15, 2025 | 40 | $135.1M | Vanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETF | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 21, 2025 | 38 | $122.8M | Vanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETF | vs. Q4 2024 | SEC |
| Q4 2024 | Jan 24, 2025 | 40 | $118.6M | Vanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETF | – | SEC |