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Livermore
Livermore
ZHEN

Berman McAleer LLC

SEC CIK
0002094332
Latest filing
Jul 16, 2026

The latest 13F from Berman McAleer LLC covers Q2 2026 (filed Jul 16, 2026): 175 long positions worth $863.7M. The top 10 holdings make up 61.8% of the portfolio, and the largest is Invesco Exchange Traded FD T at 9.8%. Livermore has 4 filings on Form 13F from this institution, going back to Q3 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
20
Est. +$4.67M
Added
74
Est. +$42.8M
Reduced
50
Est. −$9.10M
Sold out
7
Est. −$1.62M

Top 5 holdings

Share of this quarter's portfolio value

  1. Invesco Exchange Traded FD T46137V613
    9.8%$84.2M
  2. Starboard Invt Tr85521B742
    8.9%$77.2M
  3. Dimensional ETF Trust25434V203
    8.7%$75.2M
  4. Vanguard Morningstar Mid-Cap Value ETF922908512
    7.0%$60.2M
  5. iShares Core S&P Small Cap ETF464287804
    6.9%$59.6M

Biggest buys

New and added positions, by estimated amount bought

  1. Fidelity Covington Trust31609A404
    +$26.1MAdded
  2. Dimensional ETF Trust25434V773
    +$10.7MAdded
  3. Invesco Exch Traded FD Tr II46138E354
    +$1.87MAdded
  4. FBTCFidelity Wise Origin Bitcoin Fund
    +$919.9KAddedHistory
  5. J P Morgan Exchange Traded F46654Q609
    +$423.0KAdded

Largest weight increases

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

  1. Fidelity Covington Trust31609A404
    +3.01 pp0.1% → 3.1%
  2. Dimensional ETF Trust25434V773
    +1.23 pp0.1% → 1.3%
  3. INTCIntel Corp
    +0.06 pp<0.1% → 0.1%History
  4. AMATApplied Materials Inc
    +0.04 pp0.1% → 0.1%History
  5. MUMicron Technology Inc
    +0.04 pp0.0% → <0.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. AONAon plc
    −$2.66MReducedHistory
  2. iShares Core MSCI Eafe ETF46432F842
    −$942.5KReduced
  3. iShares Core S&P Small Cap ETF464287804
    −$924.7KReduced
  4. Invesco Exchange Traded FD T46137V613
    −$678.8KReduced
  5. Vanguard Real Estate ETF922908553
    −$371.7KReduced

Largest weight decreases

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

  1. Dimensional ETF Trust25434V203
    −1.02 pp9.7% → 8.7%
  2. Vanguard Morningstar Mid-Cap Value ETF922908512
    −0.73 pp7.7% → 7.0%
  3. Invesco Exchange Traded FD T46137V613
    −0.44 pp10.2% → 9.8%
  4. AONAon plc
    −0.40 pp0.7% → 0.3%History
  5. Vanguard Morningstar Value ETF922908744
    −0.32 pp5.5% → 5.2%

Metrics

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

Portfolio value
$863.7M
+$130.7M (+17.8%) vs. prior quarter
Positions
175
+13 vs. prior quarter
Top 10 concentration
61.8%
Top 10 as share of value
Turnover
1.3%
Q2 2026, one quarter
Average holding period
3.9 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 (Q3 2025), so positions held before then are understated.

13F filings by quarter

4 quarters, going back to Q3 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $863.7M (Q2 2026)

Q3 2025: $715.0MQ4 2025: $731.9MQ1 2026: $733.0MQ2 2026: $863.7M
Q3 2025Q2 2026
13F filings of Berman McAleer LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 16, 2026175$863.7MInvesco Exchange Traded FD TStarboard Invt TrDimensional ETF Trustvs. Q1 2026SEC
Q1 2026Apr 17, 2026162$733.0MInvesco Exchange Traded FD TDimensional ETF TrustStarboard Invt Trvs. Q4 2025SEC
Q4 2025Feb 5, 2026162$731.9MInvesco Exchange Traded FD TDimensional ETF TrustStarboard Invt Trvs. Q3 2025SEC
Q3 2025Nov 4, 2025164$715.0MInvesco Exchange Traded FD TStarboard Invt TrDimensional ETF Trust–SEC