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Livermore
Livermore
ZHEN

CDC Financial, Inc.

SEC CIK
0002077836
Latest filing
Aug 14, 2026

The latest 13F from CDC Financial, Inc. covers Q2 2026 (filed Aug 14, 2026): 38 long positions worth $130.2M. The top 10 holdings make up 72.8% of the portfolio, and the largest is Health Catalyst, Inc. (HCAT) at 10.8%. Livermore has 3 filings on Form 13F from this institution, going back to Q4 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
7
Est. +$1.58M
Added
15
Est. +$15.5M
Reduced
14
Est. −$11.2M
Sold out
7
Est. −$2.58M

Top 5 holdings

Share of this quarter's portfolio value

  1. HCATHealth Catalyst, Inc.
    10.8%$14.1MHistory
  2. INBXInhibrx Biosciences, Inc.
    10.2%$13.3MHistory
  3. AMPYAmplify Energy Corp.
    7.9%$10.3MHistory
  4. LZLegalzoom.com, Inc.
    7.5%$9.82MHistory
  5. AESIAtlas Energy Solutions Inc.
    7.1%$9.18MHistory

Share of portfolio

Top 5 holdings and the other 33 positions, by share of portfolio value

  1. HCAT10.8%
  2. INBX10.2%
  3. AMPY7.9%
  4. LZ7.5%
  5. AESI7.1%
  6. Other 33 positions56.4%

Biggest buys

New and added positions, by estimated amount bought

  1. LZLegalzoom.com, Inc.
    +$7.41MAddedHistory
  2. HCATHealth Catalyst, Inc.
    +$1.56MAddedHistory
  3. INBXInhibrx Biosciences, Inc.
    +$1.48MAddedHistory
  4. TBCHTurtle Beach Corp
    +$1.03MAddedHistory
  5. AFCGAdvanced Flower Capital Inc.
    +$1.00MAddedHistory

Largest weight increases

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

  1. LZLegalzoom.com, Inc.
    +5.70 pp1.8% → 7.5%History
  2. HCATHealth Catalyst, Inc.
    +4.21 pp6.6% → 10.8%History
  3. INBXInhibrx Biosciences, Inc.
    +3.27 pp6.9% → 10.2%History
  4. SMWBSimilarweb Ltd.
    +1.79 pp1.4% → 3.2%History
  5. AESIAtlas Energy Solutions Inc.
    +1.42 pp5.6% → 7.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. CENXCentury Aluminum Co
    −$3.00MReducedHistory
  2. THRYThryv Holdings, Inc.
    −$1.50MReducedHistory
  3. CRONCronos Group Inc.
    −$1.37MReducedHistory
  4. GOCOGoHealth, Inc.
    −$1.14MSold outHistory
  5. MTCHMatch Group, Inc.
    −$1.05MReducedHistory

Largest weight decreases

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

  1. CENXCentury Aluminum Co
    −5.58 pp12.0% → 6.4%History
  2. CRONCronos Group Inc.
    −1.00 pp1.9% → 0.9%History
  3. GOCOGoHealth, Inc.
    −0.94 pp0.9% → 0.0%History
  4. MTCHMatch Group, Inc.
    −0.69 pp0.8% → 0.1%History
  5. RYZRyerson Holding Corp
    −0.64 pp2.1% → 1.5%History

Metrics

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

Portfolio value
$130.2M
+$9.42M (+7.8%) vs. prior quarter
Positions
38
0 vs. prior quarter
Top 10 concentration
72.8%
Top 10 as share of value
Turnover
11.0%
Q2 2026, one quarter
Average holding period
2.9 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 (Q4 2025), so positions held before then are understated.

13F filings by quarter

3 quarters, going back to Q4 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $130.2M (Q2 2026)

Q4 2025: $108.2MQ1 2026: $120.7MQ2 2026: $130.2M
Q4 2025Q2 2026
13F filings of CDC Financial, Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 14, 202638$130.2MHCATINBXAMPYvs. Q1 2026SEC
Q1 2026May 15, 202638$120.7MAMPYCENXVOXRvs. Q4 2025SEC
Q4 2025Feb 13, 202627$108.2MAMPYCENXIMMR–SEC

13D and 13G filings

Companies where CDC Financial, Inc. reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

CDC Financial, Inc. does not currently report owning 5% or more of any company.

Latest filings

13 filings on file made by CDC Financial, Inc. or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by CDC Financial, Inc.
CompanyFiled (ET)FilerFormStakeChangeEvent dateFiling
HCATHealth Catalyst, Inc.Aug 14, 20264:24 PM ETStoney Lonesome HF LPand 4 others13G/A9.60%7.10M shares+1.00 ppfrom 8.60%Jun 30, 2026SEC
AFCGAdvanced Flower Capital Inc.Jul 29, 20267:25 PM ETStoney Lonesome HF LPand 4 others13G/A8.60%2.03M shares+1.50 ppfrom 7.10%Jun 30, 2026SEC
HCATHealth Catalyst, Inc.May 15, 20264:29 PM ETStoney Lonesome HF LPand 4 others13G/A8.60%6.31M shares+3.10 ppfrom 5.50%Mar 31, 2026SEC
AFCGAdvanced Flower Capital Inc.May 15, 20264:27 PM ETStoney Lonesome HF LPand 4 others13G/A7.10%1.67M shares+1.20 ppfrom 5.90%Mar 31, 2026SEC
AMPYAmplify Energy Corp.Mar 17, 20265:34 PM ETStoney Lonesome HF LPand 4 others13D/A6.30%2.59M shares−2.60 ppfrom 8.90%Mar 16, 2026SEC
AFCGAdvanced Flower Capital Inc.Feb 10, 20266:43 PM ETStoney Lonesome HF LPand 4 others13G5.90%1.33M sharesNewFeb 3, 2026SEC
HCATHealth Catalyst, Inc.Dec 22, 20255:25 PM ETStoney Lonesome HF LPand 4 others13G5.50%3.90M sharesNewDec 15, 2025SEC
ISPOInspirato IncDec 17, 20256:42 PM ETStoney Lonesome HF LPand 4 others13D/A2.90%369.3K shares−2.50 ppfrom 5.40%Below 5%Dec 17, 2025SEC
ISPOInspirato IncSep 8, 20251:22 PM ETStoney Lonesome HF LPand 4 others13D/A5.40%669.3K shares0.00 ppfrom 5.40%Sep 8, 2025SEC
ISPOInspirato IncSep 2, 20257:46 PM ETStoney Lonesome HF LPand 4 others13D/A5.40%669.3K shares−0.70 ppfrom 6.10%Sep 2, 2025SEC
AMPYAmplify Energy Corp.Aug 14, 20258:20 PM ETStoney Lonesome HF LPand 4 others13D/A8.90%3.59M shares+1.10 ppfrom 7.80%Aug 14, 2025SEC
ASTLAlgoma Steel Group Inc.Aug 14, 20254:12 PM ETStoney Lonesome HF LPand 4 others13G/A5.40%5.86M shares+0.20 ppfrom 5.20%Jun 30, 2025SEC
ISPOInspirato IncAug 4, 20254:51 PM ETStoney Lonesome HF LPand 4 others13D6.10%764.1K shares−1.00 ppfrom 7.10%Jul 29, 2025SEC