Skip to main content
Livermore
Livermore
ZHEN

Fortitude Financial, LLC

SEC CIK
0002066105
Latest filing
Jul 9, 2026

The latest 13F from Fortitude Financial, LLC covers Q2 2026 (filed Jul 9, 2026): 28 long positions worth $111.3M. The top 10 holdings make up 89.6% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 Growth ETF at 22.8%. 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.

Full comparison
New
2
Est. +$574.5K
Added
2
Est. +$173.6K
Reduced
22
Est. −$97.1M
Sold out
13
Est. −$10.5M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    22.8%$25.3M
  2. State Street SPDR Portfolio S&P 500 ETF78464A854
    14.9%$16.5M
  3. BlackRock ETF Trust09290C103
    14.4%$16.0M
  4. iShares Tr464288208
    13.0%$14.5M
  5. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    7.7%$8.53M

Share of portfolio

Top 5 holdings and the other 23 positions, by share of portfolio value

  1. State Street SPDR Portfolio S&P 500 Growth ETF22.8%
  2. State Street SPDR Portfolio S&P 500 ETF14.9%
  3. BlackRock ETF Trust14.4%
  4. iShares Tr13.0%
  5. State Street SPDR Portfolio Developed World Ex-US ETF7.7%
  6. Other 23 positions27.3%

Biggest buys

New and added positions, by estimated amount bought

  1. INTCIntel Corp
    +$353.3KNewHistory
  2. SPCXSpace Exploration Technologies Corp
    +$221.3KNewHistory
  3. J P Morgan Exchange Traded F46641Q266
    +$171.6KAdded
  4. Legg Mason ETF Invt52468L505
    +$2.03KAdded

Largest weight increases

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

  1. J P Morgan Exchange Traded F46641Q266
    +0.85 pp0.6% → 1.5%
  2. INTCIntel Corp
    +0.32 pp0.0% → 0.3%History
  3. SPCXSpace Exploration Technologies Corp
    +0.20 pp0.0% → 0.2%History
  4. Legg Mason ETF Invt52468L505
    +0.08 pp0.1% → 0.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. SPYSPDR S&P 500 ETF Trust
    −$83.6MReducedHistory
  2. iShares Tr464288208
    −$3.15MReduced
  3. Fidelity High Dividend ETF316092840
    −$2.31MReduced
  4. PIMCO Active Bond Exchange-Traded Fund72201R775
    −$2.22MSold out
  5. State Street SPDR Portfolio S&P 500 ETF78464A854
    −$2.08MReduced

Largest weight decreases

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

  1. SPYSPDR S&P 500 ETF Trust
    −38.22 pp38.8% → 0.6%History
  2. PIMCO Active Bond Exchange-Traded Fund72201R775
    −1.17 pp1.2% → 0.0%
  3. Invesco Nasdaq 100 ETF46138G649
    −1.04 pp1.0% → 0.0%
  4. Fidelity High Dividend ETF316092840
    −0.99 pp1.3% → 0.3%
  5. iShares Tr464287234
    −0.92 pp0.9% → 0.0%

Metrics

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

Portfolio value
$111.3M
−$77.7M (−41.1%) vs. prior quarter
Positions
28
−11 vs. prior quarter
Top 10 concentration
89.6%
Top 10 as share of value
Turnover
0.5%
Q2 2026, 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

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

Peak $189.0M (Q1 2026)

Q4 2024: $178.9MQ1 2025: $105.0MQ2 2025: $83.4MQ3 2025: $89.2MQ4 2025: $117.8MQ1 2026: $189.0MQ2 2026: $111.3M
Q4 2024Q2 2026
13F filings of Fortitude Financial, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 9, 202628$111.3MState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 ETFBlackRock ETF Trustvs. Q1 2026SEC
Q1 2026Apr 24, 202639$189.0MSPYState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 ETFvs. Q4 2025SEC
Q4 2025Jan 27, 202639$117.8MState Street SPDR Portfolio S&P 500 Growth ETFState Street SPDR Portfolio S&P 500 ETFiShares Trvs. Q3 2025SEC
Q3 2025Oct 14, 202533$89.2MSPDR Series TrustiShares TrBlackRock ETF Trustvs. Q2 2025SEC
Q2 2025Sep 24, 202530$83.4MSPDR Series TrustiShares TrBlackRock ETF Trustvs. Q1 2025SEC
Q1 2025Jun 11, 202531$105.0MState Street SPDR Portfolio S&P 500 ETFInvesco Exchange Traded FD TState Street SPDR Portfolio Developed World Ex-US ETFvs. Q4 2024SEC
Q4 2024May 28, 202531$178.9MInvesco QQQ Trust Series IiShares TrState Street SPDR Portfolio S&P 500 ETF–SEC