Prepared Retirement Institute LLC
- SEC CIK
- 0002056037
- Latest filing
- Aug 10, 2026
The latest 13F from Prepared Retirement Institute LLC covers Q2 2026 (filed Aug 10, 2026): 94 long positions worth $234.9M. The top 10 holdings make up 61.3% of the portfolio, and the largest is Vanguard Dividend Appreciation ETF at 12.1%. Livermore has 12 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
- 17
- Est. +$11.7M
- Added
- 40
- Est. +$10.2M
- Reduced
- 26
- Est. −$3.58M
- Sold out
- 2
- Est. −$513.5K
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Dividend Appreciation ETF92190884412.1%$28.3M
- Schwab US Dividend Equity ETF8085247977.7%$18.0M
- Fidelity Covington Trust31609A3057.2%$16.8M
- Vanguard Morningstar Total Stock Market ETF9229087697.1%$16.6M
- WisdomTree Tr97717X5945.9%$13.8M
Share of portfolio
Top 5 holdings and the other 89 positions, by share of portfolio value
- Vanguard Dividend Appreciation ETF12.1%
- Schwab US Dividend Equity ETF7.7%
- Fidelity Covington Trust7.2%
- Vanguard Morningstar Total Stock Market ETF7.1%
- WisdomTree Tr5.9%
- Other 89 positions60.2%
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Morningstar Total Stock Market ETF922908769+$4.57MAdded
- American Centy ETF Tr025072349+$2.52MNew
- iShares Tr46435G326+$2.12MNew
- iShares Tr46435G268+$1.86MNew
- Vanguard Intermediate-Term Corporate Bond ETF92206C870+$1.42MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Total Stock Market ETF922908769+1.89 pp5.2% → 7.1%
- American Centy ETF Tr025072349+1.07 pp0.0% → 1.1%
- iShares Tr46435G326+0.90 pp0.0% → 0.9%
- iShares Tr46435G268+0.79 pp0.0% → 0.8%
- American Centy ETF Tr025072604+0.43 pp0.0% → 0.4%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Schwab US Dividend Equity ETF808524797−1.19 pp8.9% → 7.7%
- MSTRStrategy Inc
- Vanguard Total Bond Market ETF921937835−0.64 pp4.3% → 3.7%
- WisdomTree Tr97717X594−0.55 pp6.4% → 5.9%
- iShares Tr464287457−0.32 pp2.2% → 1.9%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $234.9M
- +$33.4M (+16.6%) vs. prior quarter
- Positions
- 94
- +15 vs. prior quarter
- Top 10 concentration
- 61.3%
- Top 10 as share of value
- Turnover
- 1.9%
- Q2 2026, one quarter
- Average holding period
- 9.3 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 $234.9M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 10, 2026 | 94 | $234.9M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFFidelity Covington Trust | vs. Q1 2026 | SEC |
| Q1 2026 | May 15, 2026Amended | 79 | $201.5M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFFidelity Covington Trust | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 29, 2026 | 80 | $198.7M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFFidelity Covington Trust | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 21, 2025 | 84 | $191.8M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFFidelity Covington Trust | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 17, 2025 | 86 | $169.7M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFState Street SPDR Portfolio S&P 500 Growth ETF | vs. Q1 2025 | SEC |
| Q1 2025 | May 2, 2025 | 85 | $156.7M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFState Street SPDR Portfolio S&P 500 Growth ETF | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 13, 2025 | 79 | $175.2M | Vanguard Dividend Appreciation ETFState Street SPDR Portfolio S&P 500 Growth ETFSchwab US Dividend Equity ETF | vs. Q3 2024 | SEC |
| Q3 2024 | Feb 13, 2025 | 80 | $165.2M | Vanguard Dividend Appreciation ETFState Street SPDR Portfolio S&P 500 Growth ETFSchwab US Dividend Equity ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Feb 13, 2025 | 81 | $150.9M | Vanguard Dividend Appreciation ETFState Street SPDR Portfolio S&P 500 Growth ETFSchwab US Dividend Equity ETF | vs. Q1 2024 | SEC |
| Q1 2024 | Feb 13, 2025 | 70 | $134.0M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFState Street SPDR Portfolio S&P 500 Growth ETF | vs. Q4 2023 | SEC |
| Q4 2023 | Feb 13, 2025 | 75 | $133.5M | Vanguard Dividend Appreciation ETFSchwab US Dividend Equity ETFState Street SPDR Portfolio S&P 500 Growth ETF | – | SEC |