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Hicks Capital Management LLC

SEC CIK
0002062978
Latest filing
Jul 23, 2026

The latest 13F from Hicks Capital Management LLC covers Q2 2026 (filed Jul 23, 2026): 39 long positions worth $122.0M. The top 10 holdings make up 70.4% of the portfolio, and the largest is iShares Core S&P 500 ETF at 27.3%. Livermore has 6 filings on Form 13F from this institution, going back to Q1 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
5
Est. +$10.2M
Added
19
Est. +$2.75M
Reduced
11
Est. −$335.0K
Sold out
3
Est. −$1.24M

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    27.3%$33.3M
  2. Fidelity Merrimack STR Tr316188309
    9.9%$12.1M
  3. Fidelity Covington Trust31609A404
    8.8%$10.8M
  4. iShares Core S&P Mid-Cap ETF464287507
    6.1%$7.40M
  5. Vanguard Morningstar Growth ETF922908736
    4.0%$4.87M

Share of portfolio

Top 5 holdings and the other 34 positions, by share of portfolio value

  1. iShares Core S&P 500 ETF27.3%
  2. Fidelity Merrimack STR Tr9.9%
  3. Fidelity Covington Trust8.8%
  4. iShares Core S&P Mid-Cap ETF6.1%
  5. Vanguard Morningstar Growth ETF4.0%
  6. Other 34 positions43.9%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Morningstar Growth ETF922908736
    +$4.87MNew
  2. Fidelity Covington Trust31609A206
    +$2.91MNew
  3. iShares Russell 1000 Growth ETF464287614
    +$1.89MNew
  4. Fidelity Merrimack STR Tr316188853
    +$861.8KAdded
  5. Fidelity Merrimack STR Tr316188309
    +$627.3KAdded

Largest weight increases

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

  1. Vanguard Morningstar Growth ETF922908736
    +3.99 pp0.0% → 4.0%
  2. Fidelity Covington Trust31609A206
    +2.38 pp0.0% → 2.4%
  3. iShares Russell 1000 Growth ETF464287614
    +1.55 pp0.0% → 1.6%
  4. Fidelity Merrimack STR Tr316188853
    +0.43 pp1.7% → 2.1%
  5. Franklin Templeton ETF Tr35473P868
    +0.41 pp0.5% → 0.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. J P Morgan Exchange Traded F46641Q159
    −$713.1KSold out
  2. Fidelity Covington Trust316092295
    −$330.6KSold out
  3. OTFBlue Owl Technology Finance Corp.
    −$195.7KSold outHistory
  4. iShares Core S&P Mid-Cap ETF464287507
    −$69.8KReduced
  5. Pgim ETF Tr69344A206
    −$64.3KReduced

Largest weight decreases

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

  1. Fidelity Covington Trust31609A404
    −1.18 pp10.0% → 8.8%
  2. J P Morgan Exchange Traded F46641Q159
    −0.71 pp0.7% → 0.0%
  3. iShares Core S&P Mid-Cap ETF464287507
    −0.48 pp6.5% → 6.1%
  4. Vanguard High Dividend Yield Index ETF921946406
    −0.36 pp2.8% → 2.4%
  5. Fidelity Covington Trust316092295
    −0.33 pp0.3% → 0.0%

Metrics

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

Portfolio value
$122.0M
+$22.0M (+22.0%) vs. prior quarter
Positions
39
+2 vs. prior quarter
Top 10 concentration
70.4%
Top 10 as share of value
Turnover
1.4%
Q2 2026, one quarter
Average holding period
3.9 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 (Q1 2025), so positions held before then are understated.

13F filings by quarter

6 quarters, going back to Q1 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $122.0M (Q2 2026)

Q1 2025: $75.4MQ2 2025: $63.2MQ3 2025: $61.2MQ4 2025: $99.3MQ1 2026: $100.0MQ2 2026: $122.0M
Q1 2025Q2 2026
13F filings of Hicks Capital Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 23, 202639$122.0MiShares Core S&P 500 ETFFidelity Merrimack STR TrFidelity Covington Trustvs. Q1 2026SEC
Q1 2026Apr 16, 202637$100.0MiShares Core S&P 500 ETFFidelity Merrimack STR TrFidelity Covington Trustvs. Q4 2025SEC
Q4 2025Feb 5, 202633$99.3MiShares Core S&P 500 ETFFidelity Merrimack STR TrFidelity Covington Trustvs. Q3 2025SEC
Q3 2025Nov 3, 202528$61.2MFidelity Merrimack STR TrFidelity Covington TrustiShares Core S&P Mid-Cap ETFvs. Q2 2025SEC
Q2 2025Aug 4, 202525$63.2MiShares Core S&P 500 ETFiShares Core S&P Mid-Cap ETFJPMvs. Q1 2025SEC
Q1 2025Apr 24, 202527$75.4MiShares Core S&P 500 ETFFidelity Merrimack STR TriShares Core S&P Mid-Cap ETF–SEC