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Livermore
Livermore
ZHEN

BCS Private Wealth Management, Inc.

SEC CIK
0002044001
Latest filing
Jul 31, 2026

The latest 13F from BCS Private Wealth Management, Inc. covers Q2 2026 (filed Jul 31, 2026): 187 long positions worth $332.1M. The top 10 holdings make up 35.7% of the portfolio, and the largest is 2023 ETF Series Trust at 9.3%. Livermore has 5 filings on Form 13F from this institution, going back to Q2 2025.

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
31
Est. +$11.5M
Added
38
Est. +$12.6M
Reduced
72
Est. −$35.7M
Sold out
30
Est. −$11.3M

Top 5 holdings

Share of this quarter's portfolio value

  1. 2023 ETF Series Trust88339Y102
    9.3%$31.0M
  2. BRK.BBerkshire Hathaway Inc
    3.8%$12.6MHistory
  3. JPMJPMorgan Chase & Co
    3.5%$11.8MHistory
  4. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    3.3%$10.9M
  5. MSFTMicrosoft Corp
    3.0%$9.82MHistory

Share of portfolio

Top 5 holdings and the other 182 positions, by share of portfolio value

  1. 2023 ETF Series Trust9.3%
  2. BRK.B3.8%
  3. JPM3.5%
  4. iShares Iboxx $ Investment Grade Corporate Bond ETF3.3%
  5. MSFT3.0%
  6. Other 182 positions77.1%

Biggest buys

New and added positions, by estimated amount bought

  1. Pgim ETF Tr69344A107
    +$6.69MAdded
  2. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    +$1.61MAdded
  3. NMZNuveen Municipal High Income Opportunity Fund
    +$1.44MNewHistory
  4. SMGScotts Miracle-Gro Co
    +$474.0KNewHistory
  5. KMIKinder Morgan, Inc.
    +$451.4KAddedHistory

Largest weight increases

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

  1. Pgim ETF Tr69344A107
    +2.01 pp0.8% → 2.8%
  2. iShares Iboxx $ Investment Grade Corporate Bond ETF464287242
    +0.46 pp2.8% → 3.3%
  3. NMZNuveen Municipal High Income Opportunity Fund
    +0.43 pp0.0% → 0.4%History
  4. iShares Tr464288760
    +0.23 pp1.8% → 2.1%
  5. UNPUnion Pacific Corp
    +0.21 pp1.0% → 1.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. 2023 ETF Series Trust88339Y102
    −$11.9MReduced
  2. GOOGLAlphabet Inc.
    −$2.27MReducedHistory
  3. MSFTMicrosoft Corp
    −$2.19MReducedHistory
  4. AAPLApple Inc.
    −$1.47MReducedHistory
  5. NXJNuveen New Jersey Quality Municipal Income Fund
    −$1.37MSold outHistory

Largest weight decreases

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

  1. 2023 ETF Series Trust88339Y102
    −2.98 pp12.3% → 9.3%
  2. MSFTMicrosoft Corp
    −0.67 pp3.6% → 3.0%History
  3. LUCKLucky Strike Entertainment Corp
    −0.44 pp0.5% → 0.1%History
  4. NXJNuveen New Jersey Quality Municipal Income Fund
    −0.42 pp0.4% → 0.0%History
  5. NTRNutrien Ltd.
    −0.28 pp1.6% → 1.3%History

Metrics

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

Portfolio value
$332.1M
+$2.96M (+0.9%) vs. prior quarter
Positions
187
+1 vs. prior quarter
Top 10 concentration
35.7%
Top 10 as share of value
Turnover
7.3%
Q2 2026, one quarter
Average holding period
4.8 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 (Q2 2025), so positions held before then are understated.

13F filings by quarter

5 quarters, going back to Q2 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $332.1M (Q2 2026)

Q2 2025: $266.0MQ3 2025: $279.3MQ4 2025: $292.7MQ1 2026: $329.1MQ2 2026: $332.1M
Q2 2025Q2 2026
13F filings of BCS Private Wealth Management, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 31, 2026187$332.1M2023 ETF Series TrustBRK.BJPMvs. Q1 2026SEC
Q1 2026Apr 21, 2026186$329.1M2023 ETF Series TrustBRK.BMSFTvs. Q4 2025SEC
Q4 2025Jan 26, 2026175$292.7M2023 ETF Series TrustMSFTJPMvs. Q3 2025SEC
Q3 2025Oct 28, 2025162$279.3M2023 ETF Series TrustMSFTJPMvs. Q2 2025SEC
Q2 2025Aug 14, 2025166$266.0M2023 ETF Series TrustMSFTBRK.B–SEC