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Livermore
Livermore
ZHEN

Novus Advisors, LLC

SEC CIK
0002042508
Latest filing
Jul 27, 2026

The latest 13F from Novus Advisors, LLC covers Q2 2026 (filed Jul 27, 2026): 49 long positions worth $48.0M. The top 10 holdings make up 56.6% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 12.6%. 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.

Full comparison
New
5
Est. +$1.12M
Added
17
Est. +$2.52M
Reduced
23
Est. −$3.02M
Sold out
3
Est. −$709.4K

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    12.6%$6.06MHistory
  2. Ssga Active Tr78470P408
    7.7%$3.68M
  3. State Street SPDR Portfolio S&P 500 ETF78464A854
    7.0%$3.35M
  4. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    6.9%$3.30M
  5. SPDR Index Shs FDS78463X509
    6.2%$2.98M

Biggest buys

New and added positions, by estimated amount bought

  1. SPDR Series Trust78468R622
    +$930.2KAdded
  2. SPYSPDR S&P 500 ETF Trust
    +$702.0KAddedHistory
  3. SPDR Series Trust78464A664
    +$359.7KAdded
  4. NVDANVIDIA Corp
    +$242.9KNewHistory
  5. iShares Tr464287721
    +$236.1KNew

Largest weight increases

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

  1. SPYSPDR S&P 500 ETF Trust
    +2.20 pp10.4% → 12.6%History
  2. SPDR Series Trust78468R622
    +1.85 pp1.4% → 3.3%
  3. SPDR Series Trust78464A664
    +0.66 pp1.3% → 2.0%
  4. State Street SPDR Portfolio S&P 500 ETF78464A854
    +0.61 pp6.4% → 7.0%
  5. NVDANVIDIA Corp
    +0.51 pp0.0% → 0.5%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    −$1.06MReduced
  2. Ssga Active Tr78470P507
    −$893.5KReduced
  3. State Street SPDR Portfolio Aggregate Bond ETF78464A649
    −$263.5KReduced
  4. Invesco Exchange Traded FD T46137V233
    −$256.4KSold out
  5. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −$243.9KSold out

Largest weight decreases

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

  1. Ssga Active Tr78470P507
    −2.37 pp7.2% → 4.8%
  2. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    −1.96 pp8.8% → 6.9%
  3. State Street SPDR Portfolio Aggregate Bond ETF78464A649
    −0.64 pp1.2% → 0.6%
  4. Invesco Exchange Traded FD T46137V233
    −0.57 pp0.6% → 0.0%
  5. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    −0.55 pp0.5% → 0.0%

Metrics

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

Portfolio value
$48.0M
+$3.27M (+7.3%) vs. prior quarter
Positions
49
+2 vs. prior quarter
Top 10 concentration
56.6%
Top 10 as share of value
Turnover
7.8%
Q2 2026, one quarter
Average holding period
6.6 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 $100.4M (Q4 2024)

Q4 2024: $100.4MQ1 2025: $99.2MQ2 2025: $65.5MQ3 2025: $43.6MQ4 2025: $44.7MQ1 2026: $44.7MQ2 2026: $48.0M
Q4 2024Q2 2026
13F filings of Novus Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 27, 202649$48.0MSPYSsga Active TrState Street SPDR Portfolio S&P 500 ETFvs. Q1 2026SEC
Q1 2026Apr 28, 202647$44.7MSPYState Street SPDR Portfolio Developed World Ex-US ETFSsga Active Trvs. Q4 2025SEC
Q4 2025Feb 13, 202647$44.7MSPYState Street SPDR Portfolio Developed World Ex-US ETFSsga Active Trvs. Q3 2025SEC
Q3 2025Nov 13, 202545$43.6MSPYSsga Active TrState Street SPDR Portfolio Developed World Ex-US ETFvs. Q2 2025SEC
Q2 2025Aug 14, 202576$65.5MSPYSsga Active TrMSFTvs. Q1 2025SEC
Q1 2025May 9, 2025116$99.2MSPYState Street SPDR Portfolio Developed World Ex-US ETFMSFTvs. Q4 2024SEC
Q4 2024Feb 7, 2025112$100.4MSPYMSFTVanguard Total Bond Market ETF–SEC