ES4, LLC
- SEC CIK
- 0002095578
- Latest filing
- Jul 29, 2026
The latest 13F from ES4, LLC covers Q2 2026 (filed Jul 29, 2026): 32 long positions worth $190.4M. The top 10 holdings make up 76.9% of the portfolio, and the largest is iShares Core MSCI Europe ETF at 14.5%. 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.
- New
- 1
- Est. +$10.6M
- Added
- 20
- Est. +$22.9M
- Reduced
- 1
- Est. −$4.75M
- Sold out
- 1
- Est. −$10.5M
Top 5 holdings
Share of this quarter's portfolio value
- iShares Core MSCI Europe ETF46434V73814.5%$27.5M
- iShares Core U.S. Aggregate Bond ETF46428722610.8%$20.5M
- iShares Inc46434G76410.7%$20.4M
- State Street Technology Select Sector SPDR ETF81369Y8039.8%$18.7M
- iShares Core MSCI Total International Stock ETF46432F8349.8%$18.6M
Biggest buys
New and added positions, by estimated amount bought
- iShares Tr46436E825+$10.6MNew
- State Street Technology Select Sector SPDR ETF81369Y803+$5.39MAdded
- iShares Core U.S. Aggregate Bond ETF464287226+$5.18MAdded
- iShares Core MSCI Total International Stock ETF46432F834+$4.94MAdded
- State Street Health Care Select Sector SPDR ETF81369Y209+$1.46MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- iShares Tr46436E825+5.57 pp0.0% → 5.6%
- State Street Technology Select Sector SPDR ETF81369Y803+3.83 pp6.0% → 9.8%
- iShares Core MSCI Total International Stock ETF46432F834+1.76 pp8.0% → 9.8%
- iShares Core U.S. Aggregate Bond ETF464287226+0.85 pp9.9% → 10.8%
- State Street Industrial Select Sector SPDR ETF81369Y704+0.45 pp1.4% → 1.8%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares Ibonds Dec 2029 Term Corporate ETF46436E205−$10.5MSold out
- iShares Inc46434G764−$4.75MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- iShares Ibonds Dec 2029 Term Corporate ETF46436E205−6.80 pp6.8% → 0.0%
- iShares Inc46434G764−1.77 pp12.5% → 10.7%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $190.4M
- +$35.5M (+22.9%) vs. prior quarter
- Positions
- 32
- 0 vs. prior quarter
- Top 10 concentration
- 76.9%
- Top 10 as share of value
- Turnover
- 8.8%
- 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 $190.4M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 29, 2026 | 32 | $190.4M | iShares Core MSCI Europe ETFiShares Core U.S. Aggregate Bond ETFiShares Inc | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 30, 2026 | 32 | $154.9M | iShares Core MSCI Europe ETFiShares InciShares Core U.S. Aggregate Bond ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 13, 2026 | 32 | $145.1M | iShares Core MSCI Europe ETFiShares InciShares Core U.S. Aggregate Bond ETF | – | SEC |