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Livermore
Livermore
ZHEN

Independent Wealth Advisors LLC

SEC CIK
0002136099
Latest filing
Jul 27, 2026

The latest 13F from Independent Wealth Advisors LLC covers Q2 2026 (filed Jul 27, 2026): 77 long positions worth $110.5M. The top 10 holdings make up 52.3% of the portfolio, and the largest is SPDR Gold Trust (GLD) at 8.8%. 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.

Full comparison
New
10
Est. +$2.64M
Added
40
Est. +$6.53M
Reduced
19
Est. −$3.63M
Sold out
3
Est. −$837.5K

Top 5 holdings

Share of this quarter's portfolio value

  1. GLDSPDR Gold Trust
    8.8%$9.72MHistory
  2. Simplify Exchange Traded Fun82889N764
    6.2%$6.87M
  3. iShares Tr464287457
    5.8%$6.37M
  4. Simplify Exchange Traded Fun82889N202
    5.6%$6.21M
  5. Neos ETF Trust78433H501
    4.8%$5.26M

Share of portfolio

Top 5 holdings and the other 72 positions, by share of portfolio value

  1. GLD8.8%
  2. Simplify Exchange Traded Fun6.2%
  3. iShares Tr5.8%
  4. Simplify Exchange Traded Fun5.6%
  5. Neos ETF Trust4.8%
  6. Other 72 positions68.8%

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr464287457
    +$2.45MAdded
  2. Simplify Exchange Traded Fun82889N764
    +$638.4KAdded
  3. ProShares Tr74347X294
    +$637.3KAdded
  4. Ssga Active Tr78470P630
    +$536.9KAdded
  5. VanEck Semiconductor ETF92189F676
    +$442.6KNew

Largest weight increases

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

  1. iShares Tr464287457
    +1.89 pp3.9% → 5.8%
  2. ProShares Tr74347X294
    +0.57 pp0.3% → 0.9%
  3. Simplify Exchange Traded Fun82889N764
    +0.47 pp5.7% → 6.2%
  4. Ssga Active Tr78470P630
    +0.46 pp0.4% → 0.9%
  5. Strategy Shs86280R803
    +0.42 pp3.5% → 3.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Simplify Exchange Traded Fun82889N830
    −$1.19MReduced
  2. Neos ETF Trust78433H501
    −$1.13MReduced
  3. WisdomTree Tr97717Y527
    −$440.6KReduced
  4. DIASPDR Dow Jones Industrial Average ETF Trust
    −$319.5KSold outHistory
  5. Vanguard Dividend Appreciation ETF921908844
    −$285.6KSold out

Largest weight decreases

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

  1. GLDSPDR Gold Trust
    −2.41 pp11.2% → 8.8%History
  2. Neos ETF Trust78433H501
    −1.51 pp6.3% → 4.8%
  3. Simplify Exchange Traded Fun82889N830
    −1.27 pp2.1% → 0.9%
  4. WisdomTree Tr97717Y527
    −0.83 pp5.5% → 4.7%
  5. SLViShares Silver Trust
    −0.82 pp2.9% → 2.1%History

Metrics

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

Portfolio value
$110.5M
+$8.67M (+8.5%) vs. prior quarter
Positions
77
+7 vs. prior quarter
Top 10 concentration
52.3%
Top 10 as share of value
Turnover
4.2%
Q2 2026, one quarter
Average holding period
2.9 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 $110.5M (Q2 2026)

Q4 2025: $95.8MQ1 2026: $101.8MQ2 2026: $110.5M
Q4 2025Q2 2026
13F filings of Independent Wealth Advisors LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 27, 202677$110.5MGLDSimplify Exchange Traded FuniShares Trvs. Q1 2026SEC
Q1 2026May 22, 202670$101.8MGLDNeos ETF TrustSimplify Exchange Traded Funvs. Q4 2025SEC
Q4 2025May 22, 202663$95.8MGLDWisdomTree TrSimplify Exchange Traded Fun–SEC