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Adirondack Capital Advisors, LLC

SEC CIK
0002107623
Latest filing
Jul 10, 2026

The latest 13F from Adirondack Capital Advisors, LLC covers Q2 2026 (filed Jul 10, 2026): 45 long positions worth $186.5M. The top 10 holdings make up 78.9% of the portfolio, and the largest is iShares Core S&P 500 ETF at 25.2%. 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
1
Est. +$281.4K
Added
20
Est. +$13.1M
Reduced
12
Est. −$560.1K
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. iShares Core S&P 500 ETF464287200
    25.2%$46.9M
  2. iShares Core Dividend Growth ETF46434V621
    15.8%$29.5M
  3. iShares Core High Dividend ETF46429B663
    8.4%$15.6M
  4. Vanguard Dividend Appreciation ETF921908844
    6.7%$12.4M
  5. Vanguard High Dividend Yield Index ETF921946406
    6.1%$11.3M

Share of portfolio

Top 5 holdings and the other 40 positions, by share of portfolio value

  1. iShares Core S&P 500 ETF25.2%
  2. iShares Core Dividend Growth ETF15.8%
  3. iShares Core High Dividend ETF8.4%
  4. Vanguard Dividend Appreciation ETF6.7%
  5. Vanguard High Dividend Yield Index ETF6.1%
  6. Other 40 positions37.9%

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Core S&P 500 ETF464287200
    +$3.55MAdded
  2. Vanguard Dividend Appreciation ETF921908844
    +$3.24MAdded
  3. Vanguard High Dividend Yield Index ETF921946406
    +$1.46MAdded
  4. iShares S&P 500 Growth ETF464287309
    +$1.40MAdded
  5. iShares Core Dividend Growth ETF46434V621
    +$699.3KAdded

Largest weight increases

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

  1. Vanguard Dividend Appreciation ETF921908844
    +1.30 pp5.4% → 6.7%
  2. iShares Core S&P 500 ETF464287200
    +0.87 pp24.3% → 25.2%
  3. iShares S&P 500 Growth ETF464287309
    +0.79 pp2.5% → 3.3%
  4. Invesco QQQ Trust Series I46090E103
    +0.52 pp2.5% → 3.0%
  5. MAMastercard Inc
    +0.21 pp0.5% → 0.7%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. iShares Core S&P Mid-Cap ETF464287507
    −$192.4KReduced
  2. iShares S&P 500 Value ETF464287408
    −$81.1KReduced
  3. iShares S&P 100 ETF464287101
    −$54.9KReduced
  4. COFCapital One Financial Corp
    −$51.2KReducedHistory
  5. iShares Russell 1000 Growth ETF464287614
    −$50.7KReducedConverted for a 4-for-1 split

Largest weight decreases

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

  1. iShares S&P 500 Value ETF464287408
    −0.55 pp4.9% → 4.4%
  2. iShares Core S&P Mid-Cap ETF464287507
    −0.19 pp1.8% → 1.7%
  3. iShares Russell 1000 Growth ETF464287614
    −0.11 pp3.2% → 3.0%
  4. iShares S&P 100 ETF464287101
    −0.10 pp1.8% → 1.7%
  5. COFCapital One Financial Corp
    −0.10 pp0.9% → 0.8%History

Metrics

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

Portfolio value
$186.5M
+$30.8M (+19.8%) vs. prior quarter
Positions
45
+1 vs. prior quarter
Top 10 concentration
78.9%
Top 10 as share of value
Turnover
0.3%
Q2 2026, one quarter
Average holding period
3.0 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 $186.5M (Q2 2026)

Q4 2025: $148.7MQ1 2026: $155.7MQ2 2026: $186.5M
Q4 2025Q2 2026
13F filings of Adirondack Capital Advisors, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 10, 202645$186.5MiShares Core S&P 500 ETFiShares Core Dividend Growth ETFiShares Core High Dividend ETFvs. Q1 2026SEC
Q1 2026Apr 9, 202644$155.7MiShares Core S&P 500 ETFiShares Core Dividend Growth ETFiShares Core High Dividend ETFvs. Q4 2025SEC
Q4 2025Feb 3, 202642$148.7MiShares Core S&P 500 ETFiShares Core Dividend Growth ETFiShares Core High Dividend ETF–SEC