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Alpha Zero LLC

SEC CIK
0002079032
Latest filing
Nov 6, 2026

The latest 13F from Alpha Zero LLC covers Q3 2026 (filed Nov 6, 2026): 92 long positions worth $302.7M. The top 10 holdings make up 63.6% of the portfolio, and the largest is Schwab U.S. Large-Cap ETF at 10.2%. Livermore has 8 filings on Form 13F from this institution, going back to Q4 2024.

What changed in Q3 2026

Full comparison

Share counts compared with Q2 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
5
Est. +$1.44M
Added
56
Est. +$42.0M
Reduced
20
Est. −$3.34M
Sold out
20
Est. −$5.91M

Top 5 holdings

Share of this quarter's portfolio value

  1. Schwab U.S. Large-Cap ETF808524201
    10.2%$30.8M
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    9.4%$28.5M
  3. Invesco QQQ Trust Series I46090E103
    7.1%$21.4M
  4. J P Morgan Exchange Traded F46641Q761
    6.4%$19.2M
  5. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    5.7%$17.4M

Share of portfolio

Top 5 holdings and the other 87 positions, by share of portfolio value

  1. Schwab U.S. Large-Cap ETF10.2%
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF9.4%
  3. Invesco QQQ Trust Series I7.1%
  4. J P Morgan Exchange Traded F6.4%
  5. State Street SPDR Portfolio S&P 500 Growth ETF5.7%
  6. Other 87 positions61.2%

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Core S&P US Value ETF464287663
    +$4.62MAdded
  2. Schwab U.S. Large-Cap ETF808524201
    +$4.58MAdded
  3. J P Morgan Exchange Traded F46641Q761
    +$4.36MAdded
  4. WisdomTree Tr97717X669
    +$3.77MAdded
  5. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +$3.15MAdded

Largest weight increases

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

  1. iShares Core S&P US Value ETF464287663
    +0.92 pp4.1% → 5.0%
  2. J P Morgan Exchange Traded F46641Q761
    +0.84 pp5.5% → 6.4%
  3. WisdomTree Tr97717X669
    +0.63 pp4.9% → 5.5%
  4. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +0.57 pp5.2% → 5.7%
  5. Schwab U.S. Large-Cap ETF808524201
    +0.36 pp9.8% → 10.2%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. IBITiShares Bitcoin Trust ETF
    −$1.48MReducedHistory
  2. CMECME Group Inc.
    −$483.2KSold outHistory
  3. NEENextera Energy Inc
    −$366.1KSold outHistory
  4. PGProcter & Gamble Co
    −$340.1KSold outHistory
  5. UNPUnion Pacific Corp
    −$325.2KSold outHistory

Largest weight decreases

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

  1. IBITiShares Bitcoin Trust ETF
    −0.33 pp1.2% → 0.8%History
  2. Schwab U.S. Large-Cap Growth ETF808524300
    −0.27 pp2.2% → 2.0%
  3. IAUiShares Gold Trust
    −0.23 pp1.6% → 1.4%History
  4. CMECME Group Inc.
    −0.18 pp0.2% → 0.0%History
  5. WisdomTree Tr97717Y527
    −0.18 pp1.1% → 0.9%

Metrics

13F metrics for Q3 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$302.7M
+$38.9M (+14.8%) vs. prior quarter
Positions
92
−15 vs. prior quarter
Top 10 concentration
63.6%
Top 10 as share of value
Turnover
3.3%
Q3 2026, one quarter
Average holding period
6.7 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

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

Peak $302.7M (Q3 2026)

Q4 2024: $130.9MQ1 2025: $131.2MQ2 2025: $153.5MQ3 2025: $172.6MQ4 2025: $183.0MQ1 2026: $197.6MQ2 2026: $263.8MQ3 2026: $302.7M
Q4 2024Q3 2026
13F filings of Alpha Zero LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2026Nov 6, 202692$302.7MSchwab U.S. Large-Cap ETFiShares Trust iShares 0-1 Year Treasury Bond ETFInvesco QQQ Trust Series Ivs. Q2 2026SEC
Q2 2026Jul 17, 2026107$263.8MSchwab U.S. Large-Cap ETFiShares Trust iShares 0-1 Year Treasury Bond ETFInvesco QQQ Trust Series Ivs. Q1 2026SEC
Q1 2026May 7, 202679$197.6MiShares Trust iShares 0-1 Year Treasury Bond ETFSchwab U.S. Large-Cap ETFSchwab U.S. Large-Cap Growth ETFvs. Q4 2025SEC
Q4 2025May 6, 202664$183.0MSchwab U.S. Large-Cap ETFWisdomTree TrSchwab U.S. Large-Cap Growth ETFvs. Q3 2025SEC
Q3 2025Nov 12, 202561$172.6MSchwab U.S. Large-Cap ETFWisdomTree TrSchwab U.S. Large-Cap Growth ETFvs. Q2 2025SEC
Q2 2025Nov 12, 202563$153.5MSchwab U.S. Large-Cap ETFWisdomTree TrInvesco QQQ Trust Series Ivs. Q1 2025SEC
Q1 2025Nov 12, 202560$131.2MSchwab U.S. Large-Cap ETFWisdomTree TrInvesco QQQ Trust Series Ivs. Q4 2024SEC
Q4 2024Nov 12, 202568$130.9MiShares Trust iShares 0-1 Year Treasury Bond ETFSchwab U.S. Large-Cap ETFInvesco QQQ Trust Series I–SEC