Topsail Wealth Management, LLC
- SEC CIK
- 0002056627
- Latest filing
- Aug 13, 2026
The latest 13F from Topsail Wealth Management, LLC covers Q2 2026 (filed Aug 13, 2026): 297 long positions worth $783.3M. The top 10 holdings make up 72.1% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 23.9%. 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.
- New
- 13
- Est. +$4.06M
- Added
- 101
- Est. +$43.8M
- Reduced
- 48
- Est. −$17.3M
- Sold out
- 10
- Est. −$2.11M
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Total Stock Market ETF92290876923.9%$187.6M
- Vanguard Star FDS9219097687.7%$60.3M
- Vanguard S&P 500 ETF9229083637.2%$56.6M
- CINFCincinnati Financial Corp
- Vanguard Ftse All-World Ex-US Index Fund9220427756.8%$53.0M
Share of portfolio
Top 5 holdings and the other 292 positions, by share of portfolio value
- Vanguard Morningstar Total Stock Market ETF23.9%
- Vanguard Star FDS7.7%
- Vanguard S&P 500 ETF7.2%
- CINF7.1%
- Vanguard Ftse All-World Ex-US Index Fund6.8%
- Other 292 positions47.3%
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Mun BD FDS922907712+$17.6MAdded
- TSLATesla, Inc.
- Vanguard Intermediate-Term Corporate Bond ETF92206C870+$4.68MAdded
- iShares Tr464288570+$2.49MNew
- Vanguard Total Bond Market ETF921937835+$1.45MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Mun BD FDS922907712+1.74 pp4.3% → 6.0%
- TSLATesla, Inc.
- iShares Tr464288570+0.32 pp0.0% → 0.3%
- Vanguard Intermediate-Term Corporate Bond ETF92206C870+0.27 pp2.4% → 2.7%
- Vanguard Malvern FDS922020755+0.14 pp0.1% → 0.2%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Mun BD FDS922907746−$8.03MReduced
- iShares Tr464288414−$2.99MReduced
- Vanguard S&P 500 ETF922908363−$1.94MReduced
- Vanguard Scottsdale FDS92206C813−$1.51MReduced
- Vanguard Ftse All-World Ex-US Index Fund922042775−$995.5KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Mun BD FDS922907746−2.02 pp8.1% → 6.1%
- iShares Tr464288414−0.46 pp0.6% → 0.2%
- Vanguard Ftse All-World Ex-US Index Fund922042775−0.38 pp7.1% → 6.8%
- Vanguard S&P 500 ETF922908363−0.29 pp7.5% → 7.2%
- Vanguard Scottsdale FDS92206C813−0.22 pp0.2% → <0.1%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $783.3M
- +$105.4M (+15.5%) vs. prior quarter
- Positions
- 297
- +3 vs. prior quarter
- Top 10 concentration
- 72.1%
- Top 10 as share of value
- Turnover
- 2.7%
- Q2 2026, one quarter
- Average holding period
- 6.8 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 (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 $783.3M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | 297 | $783.3M | Vanguard Morningstar Total Stock Market ETFVanguard Star FDSVanguard S&P 500 ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 21, 2026 | 294 | $677.9M | Vanguard Morningstar Total Stock Market ETFVanguard Mun BD FDSVanguard Star FDS | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 4, 2026 | 268 | $682.8M | Vanguard Morningstar Total Stock Market ETFVanguard Mun BD FDSVanguard S&P 500 ETF | vs. Q3 2025 | SEC |
| Q3 2025 | Nov 4, 2025 | 257 | $590.7M | Vanguard Morningstar Total Stock Market ETFVanguard Mun BD FDSCINF | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 31, 2025 | 240 | $547.2M | Vanguard Morningstar Total Stock Market ETFVanguard Mun BD FDSCINF | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 30, 2025 | 225 | $491.7M | Vanguard Morningstar Total Stock Market ETFVanguard Mun BD FDSCINF | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 14, 2025 | 202 | $468.2M | Vanguard Morningstar Total Stock Market ETFVanguard Mun BD FDSCINF | – | SEC |