Skip to main content
Livermore
Livermore
ZHEN

Ravenstone Capital Management Inc.

SEC CIK
0002086041
Latest filing
Aug 4, 2026

The latest 13F from Ravenstone Capital Management Inc. covers Q2 2026 (filed Aug 4, 2026): 54 long positions worth $244.4M. The top 10 holdings make up 59.1% of the portfolio, and the largest is Visa Inc. (V) at 7.2%. Livermore has 21 filings on Form 13F from this institution, going back to Q2 2021.

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
13
Est. +$6.56M
Added
19
Est. +$19.9M
Reduced
8
Est. −$250.3K
Sold out
14
Est. −$6.66M

Top 5 holdings

Share of this quarter's portfolio value

  1. VVisa Inc.
    7.2%$17.7MHistory
  2. APHAmphenol Corp
    6.9%$16.9MHistory
  3. GOOGAlphabet Inc.
    6.9%$16.8MHistory
  4. RYRoyal Bank of Canada
    6.4%$15.7MHistory
  5. FTNTFortinet, Inc.
    6.4%$15.5MHistory

Share of portfolio

Top 5 holdings and the other 49 positions, by share of portfolio value

  1. V7.2%
  2. APH6.9%
  3. GOOG6.9%
  4. RY6.4%
  5. FTNT6.4%
  6. Other 49 positions66.2%

Biggest buys

New and added positions, by estimated amount bought

  1. BRK.BBerkshire Hathaway Inc
    +$12.1MAddedHistory
  2. MAMastercard Inc
    +$6.45MNewHistory
  3. DHRDanaher Corp
    +$888.6KAddedHistory
  4. BDXBecton Dickinson & Co
    +$799.0KAddedHistory
  5. APHAmphenol Corp
    +$553.1KAddedHistory

Largest weight increases

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

  1. BRK.BBerkshire Hathaway Inc
    +4.93 pp0.1% → 5.0%History
  2. MAMastercard Inc
    +2.64 pp0.0% → 2.6%History
  3. FTNTFortinet, Inc.
    +2.26 pp4.1% → 6.4%History
  4. APHAmphenol Corp
    +1.07 pp5.9% → 6.9%History
  5. RYRoyal Bank of Canada
    +0.46 pp6.0% → 6.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. ZTSZoetis Inc.
    −$6.52MSold outHistory
  2. GOOGLAlphabet Inc.
    −$64.3KReducedHistory
  3. VRTVertiv Holdings Co
    −$49.6KReducedHistory
  4. iShares Tr464287432
    −$36.3KReduced
  5. NVDANVIDIA Corp
    −$35.6KReducedHistory

Largest weight decreases

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

  1. ZTSZoetis Inc.
    −3.25 pp3.3% → 0.0%History
  2. iShares Tr464287432
    −0.16 pp0.8% → 0.6%
  3. GOOGLAlphabet Inc.
    −0.02 pp0.4% → 0.3%History
  4. AMZNAmazon Com Inc
    −0.02 pp0.1% → 0.1%History
  5. VRTVertiv Holdings Co
    −0.02 pp<0.1% → <0.1%History

Metrics

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

Portfolio value
$244.4M
+$44.2M (+22.1%) vs. prior quarter
Positions
54
−1 vs. prior quarter
Top 10 concentration
59.1%
Top 10 as share of value
Turnover
3.1%
Q2 2026, one quarter
Average holding period
17.7 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 (Q2 2021), so positions held before then are understated.

13F filings by quarter

21 quarters, going back to Q2 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $244.4M (Q2 2026)

Q2 2021: $111.4MQ3 2021: $135.4MQ4 2021: $159.7MQ1 2022: $144.0MQ2 2022: $123.6MQ3 2022: $114.1MQ4 2022: $122.0MQ1 2023: $124.0MQ2 2023: $127.4MQ3 2023: $120.5MQ4 2023: $138.1MQ1 2024: $150.2MQ2 2024: $150.1MQ3 2024: $166.2MQ4 2024: $174.0MQ1 2025: $171.9MQ2 2025: $190.5MQ3 2025: $204.3MQ4 2025: $219.2MQ1 2026: $200.2MQ2 2026: $244.4M
Q2 2021Q2 2026
13F filings of Ravenstone Capital Management Inc. by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 4, 202654$244.4MVAPHGOOGvs. Q1 2026SEC
Q1 2026Jun 26, 202655$200.2MVMSFTGOOGvs. Q4 2025SEC
Q4 2025Jun 26, 202641$219.2MGOOGVMSFTvs. Q3 2025SEC
Q3 2025Jun 26, 202640$204.3MMSFTVGOOGvs. Q2 2025SEC
Q2 2025Jun 26, 202646$190.5MMSFTVAPHvs. Q1 2025SEC
Q1 2025Jun 26, 202690$171.9MVMSFTSPGIvs. Q4 2024SEC
Q4 2024Jun 26, 202686$174.0MVMSFTGOOGvs. Q3 2024SEC
Q3 2024Jun 26, 202634$166.2MMSFTVGOOGvs. Q2 2024SEC
Q2 2024Jun 26, 202634$150.1MMSFTGOOGVvs. Q1 2024SEC
Q1 2024Jun 26, 202635$150.2MMSFTVGOOGvs. Q4 2023SEC
Q4 2023Jun 26, 202633$138.1MMSFTVGOOGvs. Q3 2023SEC
Q3 2023Jun 26, 202633$120.5MMSFTVGOOGvs. Q2 2023SEC
Q2 2023Jun 26, 202636$127.4MMSFTVTMOvs. Q1 2023SEC
Q1 2023Jun 26, 202635$124.0MMSFTVTMOvs. Q4 2022SEC
Q4 2022Jun 26, 202637$122.0MMSFTVTMOvs. Q3 2022SEC
Q3 2022Jun 26, 202636$114.1MMSFTDHRTMOvs. Q2 2022SEC
Q2 2022Jun 26, 202639$123.6MMSFTTMOVvs. Q1 2022SEC
Q1 2022Jun 26, 202640$144.0MMSFTGOOGDHRvs. Q4 2021SEC
Q4 2021Jun 26, 202670$159.7MMSFTDHRTMOvs. Q3 2021SEC
Q3 2021Jun 26, 202663$135.4MMSFTGOOGDHRvs. Q2 2021SEC
Q2 2021Jun 26, 202637$111.4MMSFTGOOGDHR–SEC