Pearl Planning LLC
- SEC CIK
- 0002100519
- Latest filing
- Jul 21, 2026
The latest 13F from Pearl Planning LLC covers Q2 2026 (filed Jul 21, 2026): 58 long positions worth $217.4M. The top 10 holdings make up 72.4% of the portfolio, and the largest is Vanguard S&P 500 ETF at 14.4%. 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
- 6
- Est. +$1.47M
- Added
- 27
- Est. +$12.4M
- Reduced
- 17
- Est. −$3.22M
- Sold out
- 0
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard S&P 500 ETF92290836314.4%$31.2M
- American Centy ETF Tr02507270310.7%$23.4M
- J P Morgan Exchange Traded F46641Q1598.3%$18.0M
- Fidelity Merrimack STR Tr3161883098.1%$17.5M
- Vanguard Morningstar Value ETF9229087447.0%$15.3M
Biggest buys
New and added positions, by estimated amount bought
- American Centy ETF Tr025072703+$2.73MAdded
- Vanguard S&P 500 ETF922908363+$1.87MAdded
- Fidelity Merrimack STR Tr316188309+$1.57MAdded
- J P Morgan Exchange Traded F46641Q159+$1.53MAdded
- Vanguard World FD921910691+$873.1KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard S&P 500 ETF922908363+0.71 pp13.6% → 14.4%
- Invesco Nasdaq 100 ETF46138G649+0.47 pp2.7% → 3.1%
- Invesco Exch Traded FD Tr II46138G540+0.27 pp1.2% → 1.5%
- American Centy ETF Tr025072703+0.26 pp10.5% → 10.7%
- Invesco Exch Traded FD Tr II46138E222+0.21 pp0.5% → 0.7%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Ea Series Trust02072L565−$1.26MReduced
- Vanguard Morningstar Value ETF922908744−$623.9KReduced
- Ea Series Trust02072L607−$526.0KReduced
- Vanguard Total Bond Market ETF921937835−$313.8KReduced
- iShares MSCI USA Quality Factor ETF46432F339−$104.4KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Ea Series Trust02072L565−1.00 pp3.1% → 2.1%
- Vanguard Morningstar Value ETF922908744−0.63 pp7.7% → 7.0%
- Vanguard Total Bond Market ETF921937835−0.30 pp1.1% → 0.8%
- State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663−0.28 pp1.7% → 1.4%
- Vanguard Intermediate-Term Bond ETF921937819−0.12 pp0.6% → 0.5%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $217.4M
- +$30.3M (+16.2%) vs. prior quarter
- Positions
- 58
- +6 vs. prior quarter
- Top 10 concentration
- 72.4%
- Top 10 as share of value
- Turnover
- 1.6%
- Q2 2026, one quarter
- Average holding period
- 2.8 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 $217.4M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 21, 2026 | 58 | $217.4M | Vanguard S&P 500 ETFAmerican Centy ETF TrJ P Morgan Exchange Traded F | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 30, 2026 | 52 | $187.1M | Vanguard S&P 500 ETFAmerican Centy ETF TrJ P Morgan Exchange Traded F | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 3, 2026 | 52 | $163.5M | Vanguard S&P 500 ETFAmerican Centy ETF TrVanguard Total Bond Market ETF | – | SEC |