Skip to main content
Livermore
Livermore
ZHEN

David Wealth Management LLC

SEC CIK
0002042337
Latest filing
Jul 22, 2025

The latest 13F from David Wealth Management LLC covers Q2 2025 (filed Jul 22, 2025): 55 long positions worth $134.3M. The top 10 holdings make up 82.2% of the portfolio, and the largest is Dimensional U.S. Core Equity 2 ETF at 19.8%. Livermore has 3 filings on Form 13F from this institution, going back to Q4 2024.

What changed in Q2 2025

Share counts compared with Q1 2025: 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
8
Est. +$1.74M
Added
26
Est. +$6.14M
Reduced
5
Est. −$194.9K
Sold out
2
Est. −$722.6K

Top 5 holdings

Share of this quarter's portfolio value

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    19.8%$26.6M
  2. Dimensional World Ex U.S. Core Equity 2 ETF25434V880
    15.6%$20.9M
  3. Dimensional ETF Trust25434V864
    12.9%$17.3M
  4. Dimensional ETF Trust25434V401
    9.7%$13.1M
  5. Dimensional ETF Trust25434V849
    6.1%$8.19M

Biggest buys

New and added positions, by estimated amount bought

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    +$1.60MAdded
  2. Dimensional World Ex U.S. Core Equity 2 ETF25434V880
    +$826.6KAdded
  3. Dimensional ETF Trust25434V401
    +$801.6KAdded
  4. Dimensional ETF Trust25434V864
    +$590.2KAdded
  5. Dimensional ETF Trust25434V856
    +$385.3KAdded

Largest weight increases

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

  1. NVDANVIDIA Corp
    +0.59 pp1.5% → 2.1%History
  2. Dimensional World Ex U.S. Core Equity 2 ETF25434V880
    +0.58 pp15.0% → 15.6%
  3. Dimensional U.S. Core Equity 2 ETF25434V708
    +0.55 pp19.2% → 19.8%
  4. Dimensional ETF Trust25434V401
    +0.47 pp9.3% → 9.7%
  5. CWCurtiss Wright Corp
    +0.23 pp0.0% → 0.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Invesco Exchange Traded FD T46137V357
    −$497.3KSold out
  2. UNHUnitedHealth Group Inc
    −$225.3KSold outHistory
  3. Dimensional U.S. Targeted Value ETF25434V609
    −$108.1KReduced
  4. Dimensional ETF Trust25434V203
    −$46.0KReduced
  5. Dimensional ETF Trust25434V849
    −$22.7KReduced

Largest weight decreases

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

  1. Dimensional ETF Trust25434V849
    −0.79 pp6.9% → 6.1%
  2. Invesco Exchange Traded FD T46137V357
    −0.42 pp0.4% → 0.0%
  3. UNHUnitedHealth Group Inc
    −0.19 pp0.2% → 0.0%History
  4. Dimensional U.S. Targeted Value ETF25434V609
    −0.13 pp0.8% → 0.6%
  5. Dimensional ETF Trust25434V724
    −0.07 pp0.7% → 0.7%

Metrics

13F metrics for Q2 2025, computed only from the numbers in the filings. Definitions below.

Portfolio value
$134.3M
+$14.8M (+12.4%) vs. prior quarter
Positions
55
+6 vs. prior quarter
Top 10 concentration
82.2%
Top 10 as share of value
Turnover
0.7%
Q2 2025, one quarter
Average holding period
3.0 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

3 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $134.3M (Q2 2025)

Q4 2024: $121.1MQ1 2025: $119.5MQ2 2025: $134.3M
Q4 2024Q2 2025
13F filings of David Wealth Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2025Jul 22, 202555$134.3MDimensional U.S. Core Equity 2 ETFDimensional World Ex U.S. Core Equity 2 ETFDimensional ETF Trustvs. Q1 2025SEC
Q1 2025Apr 16, 202549$119.5MDimensional U.S. Core Equity 2 ETFDimensional World Ex U.S. Core Equity 2 ETFDimensional ETF Trustvs. Q4 2024SEC
Q4 2024Jan 29, 202548$121.1MDimensional U.S. Core Equity 2 ETFDimensional World Ex U.S. Core Equity 2 ETFDimensional ETF Trust–SEC