Bulwark Capital Corp
- SEC CIK
- 0002075899
- Latest filing
- Jul 6, 2026
The latest 13F from Bulwark Capital Corp covers Q2 2026 (filed Jul 6, 2026): 105 long positions worth $177.7M. The top 10 holdings make up 60.0% of the portfolio, and the largest is Pgim ETF Tr at 10.8%. Livermore has 5 filings on Form 13F from this institution, going back to Q2 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.
- New
- 8
- Est. +$3.27M
- Added
- 24
- Est. +$11.2M
- Reduced
- 26
- Est. −$7.92M
- Sold out
- 3
- Est. −$1.92M
Top 5 holdings
Share of this quarter's portfolio value
- Pgim ETF Tr69344A10710.8%$19.2M
- Vanguard Morningstar Total Stock Market ETF92290876910.7%$18.9M
- iShares Core S&P 500 ETF4642872006.9%$12.2M
- J P Morgan Exchange Traded F46654Q7735.8%$10.3M
- Schwab Intermediate-Term US Treasury ETF8085248545.0%$8.89M
Biggest buys
New and added positions, by estimated amount bought
- Pgim ETF Tr69344A107+$3.21MAdded
- iShares Tr46434V878+$2.05MAdded
- BlackRock ETF Trust II092528504+$1.45MAdded
- iShares Tr464288646+$1.39MNew
- Schwab US Tips ETF808524870+$1.07MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr46434V878+1.08 pp0.8% → 1.9%
- Pgim ETF Tr69344A107+0.96 pp9.8% → 10.8%
- iShares Tr464288646+0.78 pp0.0% → 0.8%
- BlackRock ETF Trust II092528504+0.62 pp2.3% → 2.9%
- Invesco Exchange Traded FD T46137V233+0.57 pp1.6% → 2.2%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- J P Morgan Exchange Traded F46654Q773−$2.05MReduced
- Angel Oak Funds Trust03463K752−$1.70MReduced
- Janus Detroit STR Tr47103U746−$1.49MSold out
- Vanguard Dividend Appreciation ETF921908844−$1.28MReduced
- iShares Core MSCI Eafe ETF46432F842−$827.2KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- J P Morgan Exchange Traded F46654Q773−1.82 pp7.6% → 5.8%
- Angel Oak Funds Trust03463K752−1.40 pp5.1% → 3.7%
- Janus Detroit STR Tr47103U746−0.92 pp0.9% → 0.0%
- iShares Tr46436E718−0.78 pp4.3% → 3.6%
- Vanguard Dividend Appreciation ETF921908844−0.71 pp1.6% → 0.9%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $177.7M
- +$15.5M (+9.5%) vs. prior quarter
- Positions
- 105
- +5 vs. prior quarter
- Top 10 concentration
- 60.0%
- Top 10 as share of value
- Turnover
- 5.8%
- Q2 2026, one quarter
- Average holding period
- 4.9 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 (Q2 2025), so positions held before then are understated.
13F filings by quarter
5 quarters, going back to Q2 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $177.7M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 6, 2026 | 105 | $177.7M | Pgim ETF TrVanguard Morningstar Total Stock Market ETFiShares Core S&P 500 ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 7, 2026 | 100 | $162.2M | Vanguard Morningstar Total Stock Market ETFPgim ETF TrJ P Morgan Exchange Traded F | vs. Q4 2025 | SEC |
| Q4 2025 | Jan 12, 2026 | 96 | $140.6M | Vanguard Morningstar Total Stock Market ETFiShares Core S&P 500 ETFVanguard Mortgage-Backed Securities ETF | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 14, 2025 | 101 | $128.6M | Vanguard Morningstar Total Stock Market ETFiShares Core S&P 500 ETFVanguard Mortgage-Backed Securities ETF | vs. Q2 2025 | SEC |
| Q2 2025 | Jul 9, 2025 | 95 | $118.7M | Vanguard Morningstar Total Stock Market ETFiShares Core S&P 500 ETFVanguard Mortgage-Backed Securities ETF | – | SEC |