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Trailhead Planners LLC

SEC CIK
0002109534
Latest filing
Aug 6, 2026

The latest 13F from Trailhead Planners LLC covers Q2 2026 (filed Aug 6, 2026): 57 long positions worth $103.4M. The top 10 holdings make up 58.9% of the portfolio, and the largest is Dimensional ETF Trust at 10.5%. 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.

Full comparison
New
13
Est. +$10.1M
Added
9
Est. +$2.11M
Reduced
28
Est. −$21.9M
Sold out
5
Est. −$1.75M

Top 5 holdings

Share of this quarter's portfolio value

  1. Dimensional ETF Trust25434V203
    10.5%$10.9M
  2. American Centy ETF Tr025072349
    10.3%$10.6M
  3. Dimensional ETF Trust25434V831
    9.3%$9.64M
  4. American Centy ETF Tr025072877
    6.6%$6.83M
  5. American Centy ETF Tr025072281
    4.5%$4.62M

Share of portfolio

Top 5 holdings and the other 52 positions, by share of portfolio value

  1. Dimensional ETF Trust10.5%
  2. American Centy ETF Tr10.3%
  3. Dimensional ETF Trust9.3%
  4. American Centy ETF Tr6.6%
  5. American Centy ETF Tr4.5%
  6. Other 52 positions58.8%

Biggest buys

New and added positions, by estimated amount bought

  1. BRK.ABerkshire Hathaway Inc
    +$4.49MNewHistory
  2. Vanguard Morningstar Value ETF922908744
    +$1.68MNew
  3. Tidal Tr II88636J105
    +$871.2KAdded
  4. Vanguard Morningstar Mid-Cap Value ETF922908512
    +$736.9KNew
  5. Vanguard Morningstar Small-Cap Value ETF922908611
    +$685.5KNew

Largest weight increases

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

  1. BRK.ABerkshire Hathaway Inc
    +4.34 pp0.0% → 4.3%History
  2. Vanguard Morningstar Value ETF922908744
    +1.63 pp0.0% → 1.6%
  3. Tidal Tr II88636J105
    +0.87 pp1.8% → 2.7%
  4. Vanguard Morningstar Mid-Cap Value ETF922908512
    +0.71 pp0.0% → 0.7%
  5. Vanguard Morningstar Small-Cap Value ETF922908611
    +0.66 pp0.0% → 0.7%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. American Centy ETF Tr025072281
    −$5.07MReduced
  2. American Centy ETF Tr025072299
    −$3.03MReduced
  3. American Centy ETF Tr025072315
    −$1.63MReduced
  4. iShares Tr46436E718
    −$1.62MReduced
  5. American Centy ETF Tr025072349
    −$1.29MReduced

Largest weight decreases

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

  1. American Centy ETF Tr025072281
    −3.30 pp7.8% → 4.5%
  2. American Centy ETF Tr025072299
    −2.41 pp5.7% → 3.3%
  3. iShares Tr46436E718
    −1.54 pp3.5% → 2.0%
  4. American Centy ETF Tr025072315
    −0.98 pp2.5% → 1.5%
  5. American Centy ETF Tr025072885
    −0.81 pp1.7% → 0.9%

Metrics

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

Portfolio value
$103.4M
−$770.7K (−0.7%) vs. prior quarter
Positions
57
+8 vs. prior quarter
Top 10 concentration
58.9%
Top 10 as share of value
Turnover
11.8%
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 $104.2M (Q1 2026)

Q4 2025: $101.8MQ1 2026: $104.2MQ2 2026: $103.4M
Q4 2025Q2 2026
13F filings of Trailhead Planners LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 6, 202657$103.4MDimensional ETF TrustAmerican Centy ETF TrDimensional ETF Trustvs. Q1 2026SEC
Q1 2026May 6, 202649$104.2MDimensional ETF TrustAmerican Centy ETF TrDimensional ETF Trustvs. Q4 2025SEC
Q4 2025Feb 12, 202651$101.8MDimensional ETF TrustAmerican Centy ETF TrDimensional ETF Trust–SEC