Downshift Financial, LLC
- SEC CIK
- 0002118380
- Latest filing
- Aug 12, 2026
The latest 13F from Downshift Financial, LLC covers Q2 2026 (filed Aug 12, 2026): 660 long positions worth $220.3M. The top 10 holdings make up 63.1% of the portfolio, and the largest is Schwab U.S. Broad Market ETF at 11.9%. 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
- 585
- Est. +$16.0M
- Added
- 21
- Est. +$12.1M
- Reduced
- 27
- Est. −$24.3M
- Sold out
- 2
- Est. −$2.20M
Top 5 holdings
Share of this quarter's portfolio value
- Schwab U.S. Broad Market ETF80852410211.9%$26.3M
- Schwab International Equity ETF80852480510.1%$22.3M
- Vanguard Morningstar Total Stock Market ETF9229087698.6%$18.9M
- Schwab Intermediate-Term US Treasury ETF8085248548.1%$17.9M
- Schwab U.S. Large-Cap ETF8085242017.4%$16.3M
Biggest buys
New and added positions, by estimated amount bought
- Schwab U.S. Broad Market ETF808524102+$6.02MAdded
- Ea Series Trust02072Q275+$2.01MNew
- Vanguard Total World Stock ETF922042742+$1.80MNew
- Schwab International Equity ETF808524805+$1.71MAdded
- SPDR Series Trust78464A672+$1.68MAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Schwab U.S. Broad Market ETF808524102+2.01 pp9.9% → 11.9%
- Ea Series Trust02072Q275+0.91 pp0.0% → 0.9%
- Vanguard Total World Stock ETF922042742+0.82 pp0.0% → 0.8%
- SPDR Series Trust78464A672+0.57 pp1.5% → 2.0%
- IBMInternational Business Machines Corp
Biggest sells
Reduced and sold-out positions, by estimated amount sold
- Vanguard Morningstar Mid-Cap ETF922908629−$10.6MReducedConverted for a 4-for-1 split
- Vanguard Morningstar Growth ETF922908736−$4.33MReducedConverted for a 6-for-1 split
- Schwab U.S. Large-Cap ETF808524201−$3.09MReduced
- Vanguard Information Technology ETF92204A702−$2.05MReducedConverted for a 8-for-1 split
- Ea Series Trust02072Q853−$1.91MSold out
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- Schwab U.S. Large-Cap ETF808524201−2.14 pp9.6% → 7.4%
- Ea Series Trust02072Q853−0.99 pp1.0% → 0.0%
- Vanguard Scottsdale FDS92206C706−0.96 pp3.4% → 2.4%
- Schwab U.S. Mid-Cap ETF808524508−0.67 pp3.3% → 2.7%
- Schwab U.S. Small-Cap ETF808524607−0.31 pp1.9% → 1.6%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $220.3M
- +$27.2M (+14.1%) vs. prior quarter
- Positions
- 660
- +583 vs. prior quarter
- Top 10 concentration
- 63.1%
- Top 10 as share of value
- Turnover
- 12.8%
- 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 $220.3M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 12, 2026 | 660 | $220.3M | Schwab U.S. Broad Market ETFSchwab International Equity ETFVanguard Morningstar Total Stock Market ETF | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 29, 2026 | 77 | $193.2M | Schwab International Equity ETFSchwab U.S. Broad Market ETFSchwab U.S. Large-Cap ETF | vs. Q4 2025 | SEC |
| Q4 2025 | Mar 11, 2026 | 68 | $162.2M | Schwab U.S. Large-Cap ETFSchwab International Equity ETFSchwab Intermediate-Term US Treasury ETF | – | SEC |