Phillip James Consulting Co.
- SEC CIK
- 0002111830
- Latest filing
- Jul 28, 2026
The latest 13F from Phillip James Consulting Co. covers Q2 2026 (filed Jul 28, 2026): 332 long positions worth $127.7M. The top 10 holdings make up 58.1% of the portfolio, and the largest is Schwab Strategic Tr at 9.2%. 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.
- New
- 116
- Est. +$103.5M
- Added
- 9
- Est. +$5.61M
- Reduced
- 6
- Est. −$3.12M
- Sold out
- 162
- Est. −$110.0M
Top 5 holdings
Share of this quarter's portfolio value
- Schwab Strategic Tr8085248629.2%$11.8M
- Vanguard Morningstar Value ETF9229087448.2%$10.5M
- Schwab U.S. Broad Market ETF8085241028.1%$10.4M
- Schwab U.S. Large-Cap Value ETF8085244095.4%$6.96M
- Vanguard Morningstar Small-Cap ETF9229087515.1%$6.52M
Share of portfolio
Top 5 holdings and the other 327 positions, by share of portfolio value
- Schwab Strategic Tr9.2%
- Vanguard Morningstar Value ETF8.2%
- Schwab U.S. Broad Market ETF8.1%
- Schwab U.S. Large-Cap Value ETF5.4%
- Vanguard Morningstar Small-Cap ETF5.1%
- Other 327 positions63.9%
Biggest buys
New and added positions, by estimated amount bought
- Schwab Strategic Tr808524862+$11.8MNew
- Vanguard Morningstar Value ETF922908744+$10.5MNew
- Schwab U.S. Broad Market ETF808524102+$10.4MNew
- Schwab U.S. Large-Cap Value ETF808524409+$6.96MNew
- Vanguard Morningstar Small-Cap ETF922908751+$6.52MNew
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Schwab Strategic Tr808524862+9.24 pp0.0% → 9.2%
- Vanguard Morningstar Value ETF922908744+8.19 pp0.0% → 8.2%
- Schwab U.S. Broad Market ETF808524102+8.12 pp0.0% → 8.1%
- Schwab U.S. Large-Cap Value ETF808524409+5.45 pp0.0% → 5.4%
- Vanguard Morningstar Small-Cap ETF922908751+5.10 pp0.0% → 5.1%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Schwab Short-Term US Treasury ETF808524334−$10.7MSold out
- Vanguard Total Bond Market ETF921937835−$8.41MSold out
- Schwab US Broad Market ETF808524292−$8.26MSold out
- iShares MSCI Eafe Value ETF464287448−$7.01MSold out
- Schwab US Large-Cap Value ETF808524342−$5.88MSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Schwab Short-Term US Treasury ETF808524334−8.17 pp8.2% → 0.0%
- Vanguard Total Bond Market ETF921937835−6.42 pp6.4% → 0.0%
- Schwab US Broad Market ETF808524292−6.31 pp6.3% → 0.0%
- iShares MSCI Eafe Value ETF464287448−5.35 pp5.4% → 0.0%
- Schwab US Large-Cap Value ETF808524342−4.49 pp4.5% → 0.0%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $127.7M
- −$3.25M (−2.5%) vs. prior quarter
- Positions
- 332
- −46 vs. prior quarter
- Top 10 concentration
- 58.1%
- Top 10 as share of value
- Turnover
- 84.4%
- Q2 2026, one quarter
- Average holding period
- 1.2 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 $131.0M (Q1 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 28, 2026 | 332 | $127.7M | Schwab Strategic TrVanguard Morningstar Value ETFSchwab U.S. Broad Market ETF | vs. Q1 2026 | SEC |
| Q1 2026 | May 12, 2026 | 378 | $131.0M | Schwab Short-Term US Treasury ETFVanguard Total Bond Market ETFSchwab US Broad Market ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 23, 2026 | 95 | $5.67M | AAPLMSFTUNH | – | SEC |