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Livermore
Livermore
ZHEN

Balance Wealth, LLC

SEC CIK
0002065247
Latest filing
Jul 21, 2026

The latest 13F from Balance Wealth, LLC covers Q2 2026 (filed Jul 21, 2026): 165 long positions worth $376.0M. The top 10 holdings make up 48.5% of the portfolio, and the largest is Invesco QQQ Trust Series I at 10.3%. 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
30
Est. +$10.2M
Added
74
Est. +$24.8M
Reduced
57
Est. −$11.0M
Sold out
14
Est. −$7.84M

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco QQQ Trust Series I46090E103
    10.3%$38.8M
  2. Vanguard S&P 500 ETF922908363
    9.0%$33.8M
  3. J P Morgan Exchange Traded F46654Q781
    5.9%$22.0M
  4. Vanguard Malvern FDS922020755
    4.3%$16.0M
  5. State Street Health Care Select Sector SPDR ETF81369Y209
    3.8%$14.2M

Share of portfolio

Top 5 holdings and the other 160 positions, by share of portfolio value

  1. Invesco QQQ Trust Series I10.3%
  2. Vanguard S&P 500 ETF9.0%
  3. J P Morgan Exchange Traded F5.9%
  4. Vanguard Malvern FDS4.3%
  5. State Street Health Care Select Sector SPDR ETF3.8%
  6. Other 160 positions66.8%

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard S&P 500 ETF922908363
    +$6.03MAdded
  2. Invesco Nasdaq 100 ETF46138G649
    +$3.18MAdded
  3. Tidal Trust III45259A837
    +$2.16MNew
  4. Invesco QQQ Trust Series I46090E103
    +$2.02MAdded
  5. Vanguard Malvern FDS922020755
    +$1.33MAdded

Largest weight increases

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

  1. Vanguard S&P 500 ETF922908363
    +1.49 pp7.5% → 9.0%
  2. Invesco QQQ Trust Series I46090E103
    +1.37 pp9.0% → 10.3%
  3. Invesco Nasdaq 100 ETF46138G649
    +0.98 pp1.5% → 2.5%
  4. State Street Technology Select Sector SPDR ETF81369Y803
    +0.71 pp1.6% → 2.3%
  5. Tidal Trust III45259A837
    +0.57 pp0.0% → 0.6%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    −$4.39MReduced
  2. Global X FDS37960A370
    −$2.12MSold out
  3. Dimensional ETF Trust25434V831
    −$1.68MSold out
  4. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    −$1.43MSold out
  5. iShares S&P Mid-Cap 400 Value ETF464287705
    −$1.33MReduced

Largest weight decreases

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

  1. Dimensional U.S. Core Equity 2 ETF25434V708
    −1.20 pp1.3% → 0.1%
  2. Global X FDS37960A370
    −0.66 pp0.7% → 0.0%
  3. Dimensional ETF Trust25434V831
    −0.52 pp0.5% → 0.0%
  4. iShares S&P Mid-Cap 400 Value ETF464287705
    −0.51 pp3.4% → 2.9%
  5. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    −0.44 pp0.4% → 0.0%

Metrics

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

Portfolio value
$376.0M
+$53.9M (+16.7%) vs. prior quarter
Positions
165
+16 vs. prior quarter
Top 10 concentration
48.5%
Top 10 as share of value
Turnover
5.4%
Q2 2026, one quarter
Average holding period
5.0 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 $404.8M (Q3 2025)

Q1 2025: $153.9MQ2 2025: $170.8MQ3 2025: $404.8MQ4 2025: $311.6MQ1 2026: $322.1MQ2 2026: $376.0M
Q1 2025Q2 2026
13F filings of Balance Wealth, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 21, 2026165$376.0MInvesco QQQ Trust Series IVanguard S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q1 2026SEC
Q1 2026Apr 20, 2026149$322.1MInvesco QQQ Trust Series IVanguard S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q4 2025SEC
Q4 2025Jan 21, 2026143$311.6MInvesco QQQ Trust Series IJ P Morgan Exchange Traded FState Street Health Care Select Sector SPDR ETFvs. Q3 2025SEC
Q3 2025Oct 20, 2025133$404.8MInvesco QQQ Trust Series IiShares S&P Mid-Cap 400 Value ETFState Street Health Care Select Sector SPDR ETFvs. Q2 2025SEC
Q2 2025Aug 13, 2025101$170.8MJ P Morgan Exchange Traded FSchwab U.S. Large-Cap ETFVanguard S&P 500 ETFvs. Q1 2025SEC
Q1 2025Apr 23, 2025110$153.9MSchwab U.S. Large-Cap ETFJ P Morgan Exchange Traded FColumbia ETF Tr I–SEC