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Livermore
Livermore
ZHEN

Benchmark Financial, LLC

SEC CIK
0002107260
Latest filing
Jul 21, 2026

The latest 13F from Benchmark Financial, LLC covers Q2 2026 (filed Jul 21, 2026): 54 long positions worth $122.7M. The top 10 holdings make up 67.8% of the portfolio, and the largest is State Street SPDR Portfolio S&P 500 Growth ETF at 15.7%. 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.

Full comparison
New
5
Est. +$4.22M
Added
23
Est. +$3.84M
Reduced
15
Est. −$1.96M
Sold out
3
Est. −$2.62M

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    15.7%$19.3M
  2. Vanguard Intermediate-Term Corporate Bond ETF92206C870
    12.1%$14.8M
  3. ProShares Tr74348A467
    6.8%$8.38M
  4. iShares Tr464288661
    6.4%$7.80M
  5. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    6.1%$7.46M

Share of portfolio

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

  1. State Street SPDR Portfolio S&P 500 Growth ETF15.7%
  2. Vanguard Intermediate-Term Corporate Bond ETF12.1%
  3. ProShares Tr6.8%
  4. iShares Tr6.4%
  5. State Street SPDR Portfolio Developed World Ex-US ETF6.1%
  6. Other 49 positions52.9%

Biggest buys

New and added positions, by estimated amount bought

  1. JPMorgan Equity Prem Yld ETF46654Q518
    +$1.79MNew
  2. ProShares Tr74347G234
    +$1.66MNew
  3. T Rowe Price Exchange-Traded87283Q701
    +$1.61MAdded
  4. BSYBentley Systems Inc
    +$495.5KAddedHistory
  5. IRENIREN Ltd
    +$274.4KNewHistory

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 500 Growth ETF78464A409
    +1.57 pp14.2% → 15.7%
  2. JPMorgan Equity Prem Yld ETF46654Q518
    +1.46 pp0.0% → 1.5%
  3. ProShares Tr74347G234
    +1.36 pp0.0% → 1.4%
  4. T Rowe Price Exchange-Traded87283Q701
    +1.28 pp0.3% → 1.5%
  5. BSYBentley Systems Inc
    +0.33 pp0.3% → 0.7%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. J P Morgan Exchange Traded F46641Q332
    −$1.53MReduced
  2. iShares MSCI India ETF46429B598
    −$1.35MSold out
  3. CLSKCleanspark, Inc.
    −$1.06MSold outHistory
  4. CVXChevron Corp
    −$206.9KSold outHistory
  5. State Street SPDR Portfolio S&P 500 Value ETF78464A508
    −$94.2KReduced

Largest weight decreases

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

  1. J P Morgan Exchange Traded F46641Q332
    −1.58 pp3.5% → 1.9%
  2. iShares MSCI India ETF46429B598
    −1.21 pp1.2% → 0.0%
  3. CLSKCleanspark, Inc.
    −0.95 pp0.9% → 0.0%History
  4. JPMorgan Ultra-Short Income ETF46641Q837
    −0.19 pp1.8% → 1.6%
  5. CVXChevron Corp
    −0.19 pp0.2% → 0.0%History

Metrics

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

Portfolio value
$122.7M
+$11.3M (+10.1%) vs. prior quarter
Positions
54
+2 vs. prior quarter
Top 10 concentration
67.8%
Top 10 as share of value
Turnover
3.9%
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 $122.7M (Q2 2026)

Q4 2025: $100.3MQ1 2026: $111.4MQ2 2026: $122.7M
Q4 2025Q2 2026
13F filings of Benchmark Financial, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 21, 202654$122.7MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Intermediate-Term Corporate Bond ETFProShares Trvs. Q1 2026SEC
Q1 2026Apr 22, 202652$111.4MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Intermediate-Term Corporate Bond ETFProShares Trvs. Q4 2025SEC
Q4 2025Jan 27, 202648$100.3MState Street SPDR Portfolio S&P 500 Growth ETFVanguard Intermediate-Term Corporate Bond ETFProShares Tr–SEC