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Livermore
Livermore
ZHEN

Scratch Capital LLC

SEC CIK
0002055324
Latest filing
Jul 30, 2026

The latest 13F from Scratch Capital LLC covers Q2 2026 (filed Jul 30, 2026): 44 long positions worth $201.5M. The top 10 holdings make up 83.4% of the portfolio, and the largest is Dimensional U.S. Core Equity 2 ETF at 17.2%. 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
1
Est. +$221.0K
Added
22
Est. +$12.5M
Reduced
14
Est. −$1.11M
Sold out
2
Est. −$234.2K

Top 5 holdings

Share of this quarter's portfolio value

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    17.2%$34.7M
  2. Dimensional ETF Trust25434V799
    10.8%$21.8M
  3. Dimensional ETF Trust25434V831
    10.0%$20.2M
  4. Vanguard Scottsdale FDS92206C102
    9.1%$18.3M
  5. Dimensional ETF Trust25434V815
    8.3%$16.8M

Biggest buys

New and added positions, by estimated amount bought

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    +$2.76MAdded
  2. Dimensional ETF Trust25434V799
    +$2.17MAdded
  3. Dimensional ETF Trust25434V831
    +$1.74MAdded
  4. BROSDutch Bros Inc.
    +$1.66MAddedHistory
  5. Vanguard Instl Index FD922040845
    +$1.37MAdded

Largest weight increases

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

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    +1.20 pp16.0% → 17.2%
  2. BROSDutch Bros Inc.
    +0.90 pp0.3% → 1.2%History
  3. Dimensional ETF Trust25434V831
    +0.71 pp9.3% → 10.0%
  4. Dimensional ETF Trust25434V732
    +0.54 pp5.2% → 5.8%
  5. Vanguard Instl Index FD922040845
    +0.43 pp1.9% → 2.3%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. MUMicron Technology Inc
    −$705.2KReducedHistory
  2. CVXChevron Corp
    −$230.3KSold outHistory
  3. Dimensional ETF Trust25434V849
    −$147.4KReduced
  4. WFCWells Fargo & Company
    −$54.6KReducedHistory
  5. iShares Tr46436E718
    −$43.9KReduced

Largest weight decreases

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

  1. Vanguard Scottsdale FDS92206C102
    −1.47 pp10.6% → 9.1%
  2. iShares Tr46436E718
    −0.98 pp7.2% → 6.2%
  3. INTUIntuit Inc.
    −0.36 pp0.7% → 0.4%History
  4. Dimensional ETF Trust25434V849
    −0.33 pp2.0% → 1.7%
  5. iShares Tips Bond ETF464287176
    −0.20 pp1.4% → 1.2%

Metrics

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

Portfolio value
$201.5M
+$26.9M (+15.4%) vs. prior quarter
Positions
44
−1 vs. prior quarter
Top 10 concentration
83.4%
Top 10 as share of value
Turnover
0.7%
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 $201.5M (Q2 2026)

Q4 2024: $81.9MQ1 2025: $96.9MQ2 2025: $122.9MQ3 2025: $151.6MQ4 2025: $152.8MQ1 2026: $174.6MQ2 2026: $201.5M
Q4 2024Q2 2026
13F filings of Scratch Capital LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 30, 202644$201.5MDimensional U.S. Core Equity 2 ETFDimensional ETF TrustDimensional ETF Trustvs. Q1 2026SEC
Q1 2026May 11, 202645$174.6MDimensional U.S. Core Equity 2 ETFDimensional ETF TrustVanguard Scottsdale FDSvs. Q4 2025SEC
Q4 2025Jan 13, 202647$152.8MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSDimensional ETF Trustvs. Q3 2025SEC
Q3 2025Oct 15, 202563$151.6MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSDimensional ETF Trustvs. Q2 2025SEC
Q2 2025Jul 11, 202537$122.9MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSDimensional ETF Trustvs. Q1 2025SEC
Q1 2025Apr 17, 202533$96.9MDimensional U.S. Core Equity 2 ETFVanguard Scottsdale FDSDimensional ETF Trustvs. Q4 2024SEC
Q4 2024Feb 6, 202533$81.9MDimensional U.S. Core Equity 2 ETFDimensional U.S. Targeted Value ETFVanguard Scottsdale FDS–SEC