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Livermore
Livermore
ZHEN

Defined Financial Planning LLC

SEC CIK
0002056559
Latest filing
Oct 15, 2025

The latest 13F from Defined Financial Planning LLC covers Q3 2025 (filed Oct 15, 2025): 65 long positions worth $120.6M. The top 10 holdings make up 58.9% of the portfolio, and the largest is Schwab U.S. Large-Cap Growth ETF at 11.8%. Livermore has 4 filings on Form 13F from this institution, going back to Q4 2024.

What changed in Q3 2025

Share counts compared with Q2 2025: 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
8
Est. +$3.20M
Added
33
Est. +$14.4M
Reduced
23
Est. −$6.02M
Sold out
11
Est. −$10.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. Schwab U.S. Large-Cap Growth ETF808524300
    11.8%$14.2M
  2. WisdomTree Tr97717X669
    7.8%$9.43M
  3. J P Morgan Exchange Traded F46641Q753
    6.2%$7.48M
  4. WisdomTree Tr97717X263
    5.8%$6.94M
  5. WisdomTree Tr97717X511
    5.6%$6.73M

Share of portfolio

Top 5 holdings and the other 60 positions, by share of portfolio value

  1. Schwab U.S. Large-Cap Growth ETF11.8%
  2. WisdomTree Tr7.8%
  3. J P Morgan Exchange Traded F6.2%
  4. WisdomTree Tr5.8%
  5. WisdomTree Tr5.6%
  6. Other 60 positions62.9%

Biggest buys

New and added positions, by estimated amount bought

  1. WisdomTree Tr97717X263
    +$6.72MAdded
  2. Schwab U.S. Large-Cap Growth ETF808524300
    +$1.45MAdded
  3. Thor Finl Technologies Tr885155200
    +$870.4KNew
  4. WisdomTree Tr97717W505
    +$844.6KAdded
  5. SPYSPDR S&P 500 ETF Trust
    +$835.3KNewHistory

Largest weight increases

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

  1. WisdomTree Tr97717X263
    +5.58 pp0.2% → 5.8%
  2. Schwab U.S. Large-Cap Growth ETF808524300
    +1.51 pp10.3% → 11.8%
  3. Thor Finl Technologies Tr885155200
    +0.72 pp0.0% → 0.7%
  4. SPYSPDR S&P 500 ETF Trust
    +0.69 pp0.0% → 0.7%History
  5. WisdomTree Tr97717W505
    +0.60 pp2.9% → 3.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. WisdomTree Tr97717X701
    −$3.73MSold out
  2. WisdomTree Tr97717W851
    −$2.73MSold out
  3. WisdomTree Tr97717X669
    −$1.67MReduced
  4. BARGraniteShares Gold Trust
    −$1.38MSold outHistory
  5. WisdomTree Tr97717Y857
    −$1.30MReduced

Largest weight decreases

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

  1. WisdomTree Tr97717X701
    −3.32 pp3.3% → 0.0%
  2. WisdomTree Tr97717W851
    −2.42 pp2.4% → 0.0%
  3. WisdomTree Tr97717X669
    −1.52 pp9.3% → 7.8%
  4. WisdomTree Tr97717Y857
    −1.24 pp4.7% → 3.5%
  5. BARGraniteShares Gold Trust
    −1.22 pp1.2% → 0.0%History

Metrics

13F metrics for Q3 2025, computed only from the numbers in the filings. Definitions below.

Portfolio value
$120.6M
+$7.99M (+7.1%) vs. prior quarter
Positions
65
−3 vs. prior quarter
Top 10 concentration
58.9%
Top 10 as share of value
Turnover
14.4%
Q3 2025, one quarter
Average holding period
3.6 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

4 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $120.6M (Q3 2025)

Q4 2024: $93.7MQ1 2025: $98.7MQ2 2025: $112.6MQ3 2025: $120.6M
Q4 2024Q3 2025
13F filings of Defined Financial Planning LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2025Oct 15, 202565$120.6MSchwab U.S. Large-Cap Growth ETFWisdomTree TrJ P Morgan Exchange Traded Fvs. Q2 2025SEC
Q2 2025Jul 23, 202568$112.6MSchwab U.S. Large-Cap Growth ETFWisdomTree TrJ P Morgan Exchange Traded Fvs. Q1 2025SEC
Q1 2025Apr 16, 202577$98.7MSchwab U.S. Large-Cap Growth ETFWisdomTree TrWisdomTree Trvs. Q4 2024SEC
Q4 2024Feb 13, 202578$93.7MNorthern LTS FD Tr IVSchwab U.S. Large-Cap Growth ETFWisdomTree Tr–SEC