URS Advisory LLC
- SEC CIK
- 0002111352
- Latest filing
- Jul 27, 2026
The latest 13F from URS Advisory LLC covers Q2 2026 (filed Jul 27, 2026): 61 long positions worth $179.7M. The top 10 holdings make up 68.4% of the portfolio, and the largest is Vanguard Morningstar Total Stock Market ETF at 12.4%. 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
- 10
- Est. +$11.7M
- Added
- 33
- Est. +$17.2M
- Reduced
- 11
- Est. −$4.91M
- Sold out
- 0
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Morningstar Total Stock Market ETF92290876912.4%$22.4M
- VanEck Semiconductor ETF92189F6769.2%$16.6M
- Invesco Nasdaq 100 ETF46138G6499.0%$16.1M
- Neos ETF Trust78433H6757.9%$14.3M
- Neos ETF Trust78433H3037.7%$13.9M
Biggest buys
New and added positions, by estimated amount bought
- State Street SPDR S&P Biotech ETF78464A870+$4.54MNew
- iShares Tr464287234+$2.66MAdded
- SPDR Ser Tr78468R630+$2.36MNew
- Neos ETF Trust78433H675+$1.74MAdded
- Vanguard Malvern FDS922020805+$1.74MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- VanEck Semiconductor ETF92189F676+2.55 pp6.7% → 9.2%
- State Street SPDR S&P Biotech ETF78464A870+2.53 pp0.0% → 2.5%
- iShares Tr464287234+1.35 pp1.5% → 2.9%
- SPDR Ser Tr78468R630+1.32 pp0.0% → 1.3%
- iShares MSCI USA Momentum Factor ETF46432F396+0.89 pp0.0% → 0.9%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- iShares MSCI Eafe ETF464287465−$1.75MReduced
- Vanguard Morningstar Total Stock Market ETF922908769−$1.52MReduced
- Amplify ETF Tr032108722−$1.03MReduced
- Neos ETF Trust78433H303−$334.0KReduced
- iShares Core S&P 500 ETF464287200−$98.1KReduced
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Vanguard Morningstar Total Stock Market ETF922908769−2.69 pp15.1% → 12.4%
- iShares MSCI Eafe ETF464287465−2.16 pp6.4% → 4.2%
- Neos ETF Trust78433H303−1.95 pp9.7% → 7.7%
- Amplify ETF Tr032108722−0.96 pp1.8% → 0.9%
- JPMorgan Ultra-Short Income ETF46641Q837−0.16 pp0.4% → 0.3%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $179.7M
- +$42.9M (+31.4%) vs. prior quarter
- Positions
- 61
- +10 vs. prior quarter
- Top 10 concentration
- 68.4%
- Top 10 as share of value
- Turnover
- 3.1%
- 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 $179.7M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 27, 2026 | 61 | $179.7M | Vanguard Morningstar Total Stock Market ETFVanEck Semiconductor ETFInvesco Nasdaq 100 ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 24, 2026 | 51 | $136.7M | Vanguard Morningstar Total Stock Market ETFNeos ETF TrustInvesco Nasdaq 100 ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 17, 2026 | 44 | $120.3M | Vanguard Morningstar Total Stock Market ETFNeos ETF TrustInvesco Nasdaq 100 ETF | – | SEC |