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Livermore
Livermore
ZHEN

Norris Financial Group, LLC

SEC CIK
0002129318
Latest filing
Aug 5, 2026

The latest 13F from Norris Financial Group, LLC covers Q2 2026 (filed Aug 5, 2026): 82 long positions worth $251.3M. The top 10 holdings make up 47.4% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 12.5%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

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
12
Est. +$3.91M
Added
34
Est. +$13.1M
Reduced
20
Est. −$7.00M
Sold out
27
Est. −$88.6M

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    12.5%$31.4MHistory
  2. Invesco QQQ Trust Series I46090E103
    5.2%$13.0M
  3. SGOLabrdn Gold ETF Trust
    5.0%$12.5MHistory
  4. DOCNDigitalOcean Holdings, Inc.
    4.0%$10.1MHistory
  5. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    4.0%$9.99M

Share of portfolio

Top 5 holdings and the other 77 positions, by share of portfolio value

  1. SPY12.5%
  2. Invesco QQQ Trust Series I5.2%
  3. SGOL5.0%
  4. DOCN4.0%
  5. State Street SPDR Bloomberg 1-3 Month T-Bill ETF4.0%
  6. Other 77 positions69.4%

Biggest buys

New and added positions, by estimated amount bought

  1. State Street Industrial Select Sector SPDR ETF81369Y704
    +$2.02MAdded
  2. CRDOCredo Technology Group Holding Ltd
    +$1.76MNewHistory
  3. First Tr Exchange-Traded FD33737A108
    +$1.05MAdded
  4. Pacer FDS Tr69374H634
    +$887.1KAdded
  5. Invesco Nasdaq 100 ETF46138G649
    +$860.7KAdded

Largest weight increases

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

  1. SPYSPDR S&P 500 ETF Trust
    +3.61 pp8.9% → 12.5%History
  2. State Street Industrial Select Sector SPDR ETF81369Y704
    +1.64 pp2.1% → 3.7%
  3. AAPLApple Inc.
    +1.06 pp2.6% → 3.7%History
  4. First Tr Exchange-Traded FD33737A108
    +0.94 pp1.2% → 2.2%
  5. Invesco Nasdaq 100 ETF46138G649
    +0.94 pp1.1% → 2.0%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. IAUiShares Gold Trust
    −$20.9MSold outHistory
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    −$19.8MSold out
  3. Vanguard Morningstar Total Stock Market ETF922908769
    −$10.8MSold out
  4. iShares Tr464287374
    −$8.93MSold out
  5. MUMicron Technology Inc
    −$4.06MSold outHistory

Largest weight decreases

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

  1. IAUiShares Gold Trust
    −6.81 pp6.8% → 0.0%History
  2. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    −6.46 pp6.5% → 0.0%
  3. Vanguard Morningstar Total Stock Market ETF922908769
    −3.53 pp3.5% → 0.0%
  4. iShares Tr464287374
    −2.91 pp2.9% → 0.0%
  5. MUMicron Technology Inc
    −1.33 pp1.3% → 0.0%History

Metrics

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

Portfolio value
$251.3M
−$55.1M (−18.0%) vs. prior quarter
Positions
82
−15 vs. prior quarter
Top 10 concentration
47.4%
Top 10 as share of value
Turnover
6.1%
Q2 2026, one quarter
Average holding period
11.7 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 (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $306.4M (Q1 2026)

Q1 2021: $136.2MQ2 2021: $148.3MQ3 2021: $151.2MQ4 2021: $165.8MQ1 2022: $165.7MQ2 2022: $124.3MQ3 2022: $109.2MQ4 2022: $118.3MQ1 2023: $136.4MQ2 2023: $144.4MQ3 2023: $144.2MQ4 2023: $164.6MQ1 2024: $182.3MQ2 2024: $192.0MQ3 2024: $203.2MQ4 2024: $212.8MQ1 2025: $214.3MQ2 2025: $244.1MQ3 2025: $273.9MQ4 2025: $294.2MQ1 2026: $306.4MQ2 2026: $251.3M
Q1 2021Q2 2026
13F filings of Norris Financial Group, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 5, 202682$251.3MSPYInvesco QQQ Trust Series ISGOLvs. Q1 2026SEC
Q1 2026May 20, 202697$306.4MSPYIAUiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q4 2025SEC
Q4 2025May 20, 202697$294.2MSPYIAUInvesco QQQ Trust Series Ivs. Q3 2025SEC
Q3 2025May 20, 202698$273.9MSPYIAUInvesco QQQ Trust Series Ivs. Q2 2025SEC
Q2 2025May 20, 202682$244.1MSPYIAUSPDR Index Shs FDSvs. Q1 2025SEC
Q1 2025May 20, 202685$214.3MSPYIAUState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q4 2024SEC
Q4 2024May 20, 202682$212.8MSPYIAUState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q3 2024SEC
Q3 2024May 20, 202676$203.2MSPYInvesco QQQ Trust Series IIAUvs. Q2 2024SEC
Q2 2024May 20, 202678$192.0MSPYInvesco QQQ Trust Series IState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q1 2024SEC
Q1 2024May 20, 202674$182.3MSPYInvesco QQQ Trust Series IState Street SPDR Bloomberg 1-3 Month T-Bill ETFvs. Q4 2023SEC
Q4 2023May 20, 202667$164.6MSPYInvesco QQQ Trust Series IVanguard Intermediate-Term Corporate Bond ETFvs. Q3 2023SEC
Q3 2023May 20, 202663$144.2MSPYVanguard Intermediate-Term Corporate Bond ETFInvesco QQQ Trust Series Ivs. Q2 2023SEC
Q2 2023May 20, 202663$144.4MSPYIAUInvesco QQQ Trust Series Ivs. Q1 2023SEC
Q1 2023May 20, 202666$136.4MSPYIAUVanguard Ftse All-World Ex-US Index Fundvs. Q4 2022SEC
Q4 2022May 20, 202668$118.3MState Street Consumer Staples Select Sector SPDR ETFState Street Energy Select Sector SPDR ETFInvesco Exch Traded FD Tr IIvs. Q3 2022SEC
Q3 2022May 20, 202667$109.2MState Street Consumer Staples Select Sector SPDR ETFInvesco Exch Traded FD Tr IIState Street Energy Select Sector SPDR ETFvs. Q2 2022SEC
Q2 2022May 20, 202666$124.3MSPYState Street Energy Select Sector SPDR ETFInvesco Exch Traded FD Tr IIvs. Q1 2022SEC
Q1 2022May 20, 202684$165.7MSPYState Street Energy Select Sector SPDR ETFSchwab US Dividend Equity ETFvs. Q4 2021SEC
Q4 2021May 20, 202686$165.8MSPYInvesco QQQ Trust Series IiShares Russell 2000 ETFvs. Q3 2021SEC
Q3 2021May 20, 202683$151.2MSPYInvesco QQQ Trust Series IState Street Financial Select Sector SPDR ETFvs. Q2 2021SEC
Q2 2021May 20, 202682$148.3MSPYInvesco Exchange Traded FD TInvesco QQQ Trust Series Ivs. Q1 2021SEC
Q1 2021May 20, 202679$136.2MIAUInvesco QQQ Trust Series ISPY–SEC