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TRB Wealth Management, LLC

SEC CIK
0002130988
Latest filing
Aug 11, 2026

The latest 13F from TRB Wealth Management, LLC covers Q2 2026 (filed Aug 11, 2026): 296 long positions worth $751.3M. The top 10 holdings make up 44.3% of the portfolio, and the largest is Vanguard Morningstar Large-Cap ETF at 8.7%. Livermore has 2 filings on Form 13F from this institution, going back to Q1 2026.

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
43
Est. +$11.3M
Added
103
Est. +$17.3M
Reduced
82
Est. −$35.3M
Sold out
32
Est. −$20.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Morningstar Large-Cap ETF922908637
    8.7%$65.4M
  2. Vanguard Star FDS921909768
    6.0%$45.3M
  3. Dimensional U.S. Core Equity 2 ETF25434V708
    5.0%$37.5M
  4. Vanguard Morningstar Mid-Cap ETF922908629
    4.7%$35.1M
  5. iShares Core Dividend Growth ETF46434V621
    4.5%$33.9M

Biggest buys

New and added positions, by estimated amount bought

  1. Vanguard Star FDS921909768
    +$976.3KAdded
  2. Vanguard Morningstar Mid-Cap ETF922908629
    +$896.3KAddedConverted for a 4-for-1 split
  3. Vanguard Morningstar Large-Cap ETF922908637
    +$877.3KAdded
  4. iShares Core U.S. Aggregate Bond ETF464287226
    +$749.8KAdded
  5. iShares Tr46434V266
    +$654.8KAdded

Largest weight increases

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

  1. Vanguard Morningstar Large-Cap ETF922908637
    +0.74 pp8.0% → 8.7%
  2. Vanguard Star FDS921909768
    +0.35 pp5.7% → 6.0%
  3. Vanguard Morningstar Mid-Cap ETF922908629
    +0.34 pp4.3% → 4.7%
  4. Vanguard Morningstar Small-Cap ETF922908751
    +0.33 pp3.6% → 4.0%
  5. MUMicron Technology Inc
    +0.29 pp0.1% → 0.4%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Dimensional U.S. Targeted Value ETF25434V609
    −$5.87MSold out
  2. NVDANVIDIA Corp
    −$2.60MReducedHistory
  3. AAPLApple Inc.
    −$2.54MReducedHistory
  4. GOOGLAlphabet Inc.
    −$2.21MReducedHistory
  5. LLYEli Lilly & Co
    −$1.90MReducedHistory

Largest weight decreases

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

  1. Dimensional U.S. Targeted Value ETF25434V609
    −0.83 pp0.8% → 0.0%
  2. MSFTMicrosoft Corp
    −0.25 pp1.6% → 1.4%History
  3. CVXChevron Corp
    −0.22 pp0.4% → 0.2%History
  4. XOMExxonMobil Holdings Corp
    −0.22 pp0.6% → 0.4%History
  5. METAMeta Platforms, Inc.
    −0.20 pp0.8% → 0.6%History

Metrics

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

Portfolio value
$751.3M
+$47.7M (+6.8%) vs. prior quarter
Positions
296
+11 vs. prior quarter
Top 10 concentration
44.3%
Top 10 as share of value
Turnover
3.9%
Q2 2026, one quarter
Average holding period
2.0 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 2026), so positions held before then are understated.

13F filings by quarter

2 quarters, going back to Q1 2026. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $751.3M (Q2 2026)

Q1 2026: $703.6MQ2 2026: $751.3M
Q1 2026Q2 2026
13F filings of TRB Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 11, 2026296$751.3MVanguard Morningstar Large-Cap ETFVanguard Star FDSDimensional U.S. Core Equity 2 ETFvs. Q1 2026SEC
Q1 2026May 14, 2026285$703.6MVanguard Morningstar Large-Cap ETFVanguard Star FDSDimensional U.S. Core Equity 2 ETF–SEC