Skip to main content
Livermore
Livermore
ZHEN

Base Wealth Management LLC

SEC CIK
0002083977
Latest filing
Jul 22, 2026

The latest 13F from Base Wealth Management LLC covers Q2 2026 (filed Jul 22, 2026): 66 long positions worth $215.0M. The top 10 holdings make up 59.1% of the portfolio, and the largest is Vanguard S&P 500 ETF at 13.8%. 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
6
Est. +$14.4M
Added
31
Est. +$9.09M
Reduced
16
Est. −$5.44M
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    13.8%$29.6M
  2. PIMCO ETF Tr72201R585
    8.1%$17.4M
  3. Capital Group Core Balanced14021D107
    5.7%$12.2M
  4. HCIHCI Group, Inc.
    5.3%$11.4MHistory
  5. iShares Core High Dividend ETF46429B663
    4.8%$10.4M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr46436E403
    +$9.43MNew
  2. American Centy ETF Tr025072604
    +$3.99MNew
  3. PIMCO ETF Tr72201R585
    +$2.02MAdded
  4. J P Morgan Exchange Traded F46641Q670
    +$1.27MAdded
  5. Franklin Templeton ETF Tr35473P439
    +$1.07MAdded

Largest weight increases

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

  1. iShares Tr46436E403
    +4.38 pp0.0% → 4.4%
  2. American Centy ETF Tr025072604
    +1.85 pp0.0% → 1.9%
  3. MUMicron Technology Inc
    +0.14 pp0.0% → 0.1%History
  4. AITApplied Industrial Technologies Inc
    +0.13 pp0.4% → 0.5%History
  5. IBMInternational Business Machines Corp
    +0.11 pp0.0% → 0.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard S&P 500 ETF922908363
    −$2.74MReduced
  2. Vanguard Scottsdale FDS92206C680
    −$1.90MReduced
  3. Invesco QQQ Trust Series I46090E103
    −$322.6KReduced
  4. J P Morgan Exchange Traded F46654Q732
    −$177.4KReduced
  5. Vanguard Admiral FDS Inc921932885
    −$114.2KReduced

Largest weight decreases

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

  1. Vanguard S&P 500 ETF922908363
    −1.98 pp15.7% → 13.8%
  2. Vanguard Scottsdale FDS92206C680
    −1.04 pp5.0% → 3.9%
  3. XOMExxonMobil Holdings Corp
    −0.11 pp0.3% → 0.2%History
  4. PIMCO ETF Tr72201R577
    −0.09 pp0.5% → 0.4%
  5. Vanguard Admiral FDS Inc921932885
    −0.09 pp0.7% → 0.6%

Metrics

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

Portfolio value
$215.0M
+$36.3M (+20.3%) vs. prior quarter
Positions
66
+6 vs. prior quarter
Top 10 concentration
59.1%
Top 10 as share of value
Turnover
2.8%
Q2 2026, one quarter
Average holding period
5.2 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 $215.0M (Q2 2026)

Q1 2025: $131.3MQ2 2025: $156.0MQ3 2025: $175.5MQ4 2025: $185.8MQ1 2026: $178.7MQ2 2026: $215.0M
Q1 2025Q2 2026
13F filings of Base Wealth Management LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 22, 202666$215.0MVanguard S&P 500 ETFPIMCO ETF TrCapital Group Core Balancedvs. Q1 2026SEC
Q1 2026Apr 30, 202660$178.7MVanguard S&P 500 ETFPIMCO ETF TrCapital Group Core Balancedvs. Q4 2025SEC
Q4 2025Jan 21, 202660$185.8MVanguard S&P 500 ETFPIMCO ETF TrHCIvs. Q3 2025SEC
Q3 2025Oct 20, 202563$175.5MVanguard S&P 500 ETFHCIPIMCO ETF Trvs. Q2 2025SEC
Q2 2025Sep 19, 202556$156.0MVanguard S&P 500 ETFCapital Group Core BalancedPIMCO ETF Trvs. Q1 2025SEC
Q1 2025Sep 19, 202552$131.3MVanguard S&P 500 ETFCapital Group Core BalancedHCI–SEC