Marquette Associates, Inc.
- SEC CIK
- 0002042617
- Latest filing
- Aug 14, 2026
The latest 13F from Marquette Associates, Inc. covers Q2 2026 (filed Aug 14, 2026): 38 long positions worth $137.2M. The top 10 holdings make up 87.7% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 14.9%. Livermore has 11 filings on Form 13F from this institution, going back to Q4 2023.
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
- 18
- Est. +$12.2M
- Added
- 3
- Est. +$30.1M
- Reduced
- 8
- Est. −$2.02M
- Sold out
- 5
- Est. −$3.76M
Top 5 holdings
Share of this quarter's portfolio value
- SPYSPDR S&P 500 ETF Trust
- Vanguard Morningstar Total Stock Market ETF92290876913.3%$18.3M
- iShares Core MSCI Eafe ETF46432F84211.8%$16.1M
- iShares Core U.S. Aggregate Bond ETF46428722611.3%$15.4M
- Neuberger Berman ETF Trust64135A7059.4%$13.0M
Share of portfolio
Top 5 holdings and the other 33 positions, by share of portfolio value
- SPY14.9%
- Vanguard Morningstar Total Stock Market ETF13.3%
- iShares Core MSCI Eafe ETF11.8%
- iShares Core U.S. Aggregate Bond ETF11.3%
- Neuberger Berman ETF Trust9.4%
- Other 33 positions39.3%
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Morningstar Total Stock Market ETF922908769+$15.8MAdded
- iShares Core U.S. Aggregate Bond ETF464287226+$9.25MAdded
- SPYSPDR S&P 500 ETF Trust
- Flexshares Tr33939L407+$2.62MNew
- Vanguard Ftse Developed Markets ETF921943858+$2.23MNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Total Stock Market ETF922908769+11.00 pp2.4% → 13.3%
- iShares Core U.S. Aggregate Bond ETF464287226+4.50 pp6.8% → 11.3%
- Flexshares Tr33939L407+1.91 pp0.0% → 1.9%
- Vanguard Ftse Developed Markets ETF921943858+1.63 pp0.0% → 1.6%
- iShares Tr464288372+1.42 pp0.0% → 1.4%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Russell Midcap ETF464287499−$1.47MSold out
- iShares Core MSCI Eafe ETF46432F842−$1.40MReduced
- iShares Russell 2000 ETF464287655−$821.6KSold out
- iShares Core MSCI Emerging Markets ETF46434G103−$665.8KSold out
- Vanguard Morningstar Small-Cap Growth ETF922908595−$506.5KSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Core MSCI Eafe ETF46432F842−6.12 pp17.9% → 11.8%
- Vanguard Index FDS922908652−2.15 pp10.8% → 8.7%
- iShares Russell Midcap ETF464287499−1.60 pp1.6% → 0.0%
- Vanguard Morningstar Mid-Cap ETF922908629−1.49 pp5.8% → 4.3%
- iShares Russell 2000 ETF464287655−0.89 pp0.9% → 0.0%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $137.2M
- +$45.3M (+49.2%) vs. prior quarter
- Positions
- 38
- +13 vs. prior quarter
- Top 10 concentration
- 87.7%
- Top 10 as share of value
- Turnover
- 5.0%
- Q2 2026, one quarter
- Average holding period
- 9.0 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 2023), so positions held before then are understated.
13F filings by quarter
11 quarters, going back to Q4 2023. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $141.4M (Q1 2024)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | 38 | $137.2M | SPYVanguard Morningstar Total Stock Market ETFiShares Core MSCI Eafe ETF | vs. Q1 2026 | SEC |
| Q1 2026 | May 15, 2026 | 25 | $91.9M | iShares Core MSCI Eafe ETFSPYNeuberger Berman ETF Trust | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 17, 2026 | 30 | $78.1M | iShares Core MSCI Eafe ETFSPYNeuberger Berman ETF Trust | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 14, 2025 | 34 | $83.1M | iShares Core MSCI Eafe ETFNeuberger Berman ETF TrustSPY | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 14, 2025 | 37 | $102.0M | iShares Core S&P 500 ETFiShares Core MSCI Eafe ETFNeuberger Berman ETF Trust | vs. Q1 2025 | SEC |
| Q1 2025 | May 15, 2025 | 38 | $99.9M | iShares Core S&P 500 ETFiShares Core MSCI Eafe ETFNeuberger Berman ETF Trust | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 14, 2025 | 40 | $120.6M | iShares Core S&P 500 ETFiShares MSCI Eafe ETFiShares Core MSCI Eafe ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Nov 14, 2024 | 34 | $138.9M | iShares Core S&P 500 ETFiShares Core U.S. Aggregate Bond ETFiShares MSCI Eafe ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Nov 14, 2024 | 36 | $132.7M | iShares Core S&P 500 ETFiShares Core U.S. Aggregate Bond ETFiShares MSCI Eafe ETF | vs. Q1 2024 | SEC |
| Q1 2024 | Nov 14, 2024 | 37 | $141.4M | iShares Core S&P 500 ETFiShares Core U.S. Aggregate Bond ETFiShares MSCI Eafe ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Nov 14, 2024 | 33 | $99.5M | iShares Core S&P 500 ETFiShares Core U.S. Aggregate Bond ETFiShares MSCI Eafe ETF | – | SEC |