Sherman Porfolios, LLC
- SEC CIK
- 0002096483
- Latest filing
- Aug 12, 2026
The latest 13F from Sherman Porfolios, LLC covers Q2 2026 (filed Aug 12, 2026): 97 long positions worth $1.28B. The top 10 holdings make up 74.6% of the portfolio, and the largest is iShares S&P Small-Cap 600 Value ETF at 17.7%. Livermore has 6 filings on Form 13F from this institution, going back to Q4 2024.
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
- 0
- Added
- 0
- Reduced
- 75
- Est. −$26.3M
- Sold out
- 1
- Est. −$287.9K
Top 5 holdings
Share of this quarter's portfolio value
- iShares S&P Small-Cap 600 Value ETF46428787917.7%$225.8M
- iShares Russell 2000 ETF46428765517.6%$224.3M
- iShares S&P Mid-Cap 400 Growth ETF46428760617.5%$223.1M
- GLDSPDR Gold Trust
- Vanguard Intermediate-Term Bond ETF9219378193.0%$38.3M
Share of portfolio
Top 5 holdings and the other 92 positions, by share of portfolio value
- iShares S&P Small-Cap 600 Value ETF17.7%
- iShares Russell 2000 ETF17.6%
- iShares S&P Mid-Cap 400 Growth ETF17.5%
- GLD7.3%
- Vanguard Intermediate-Term Bond ETF3.0%
- Other 92 positions37.0%
Biggest buys
New and added positions, by estimated amount bought
None this quarter.
Largest weight increases
New and added positions, by percentage points of the portfolio gained
None this quarter.
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares S&P Small-Cap 600 Value ETF464287879−$4.03MReduced
- iShares Russell 2000 ETF464287655−$4.02MReduced
- iShares S&P Mid-Cap 400 Growth ETF464287606−$3.89MReduced
- Vanguard Total Bond Market ETF921937835−$1.66MReduced
- Schwab U.S. Large-Cap ETF808524201−$1.44MReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Total Bond Market ETF921937835−0.08 pp2.5% → 2.4%
- iShares Tr464287440−0.06 pp1.2% → 1.1%
- Schwab U.S. Large-Cap ETF808524201−0.06 pp2.7% → 2.6%
- Schwab International Equity ETF808524805−0.05 pp2.3% → 2.2%
- State Street Energy Select Sector SPDR ETF81369Y506−0.05 pp2.8% → 2.8%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $1.28B
- −$26.6M (−2.0%) vs. prior quarter
- Positions
- 97
- −1 vs. prior quarter
- Top 10 concentration
- 74.6%
- Top 10 as share of value
- Turnover
- 0.0%
- Q2 2026, one quarter
- Average holding period
- 3.1 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
6 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $1.47B (Q4 2025)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 12, 2026 | 97 | $1.28B | iShares S&P Small-Cap 600 Value ETFiShares Russell 2000 ETFiShares S&P Mid-Cap 400 Growth ETF | vs. Q1 2026 | SEC |
| Q1 2026 | May 13, 2026 | 98 | $1.30B | iShares S&P Small-Cap 600 Value ETFiShares Russell 2000 ETFiShares S&P Mid-Cap 400 Growth ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 17, 2026 | 156 | $1.47B | MSFTSPGIGS | vs. Q3 2025 | SEC |
| Q3 2025 | Dec 22, 2025 | 70 | $280.1M | GLDiShares TriShares Tr | vs. Q2 2025 | SEC |
| Q2 2025 | Dec 22, 2025 | 57 | $254.1M | GLDiShares TriShares Tr | – | SEC |
| Q4 2024 | Dec 22, 2025 | 56 | $230.4M | GLDiShares TriShares Tr | – | SEC |