Skip to main content
Livermore
Livermore
ZHEN

Midwest Financial Network, LLC

SEC CIK
0002137280
Latest filing
Jul 7, 2026

The latest 13F from Midwest Financial Network, LLC covers Q2 2026 (filed Jul 7, 2026): 105 long positions worth $146.4M. The top 10 holdings make up 35.9% of the portfolio, and the largest is SPDR S&P 500 ETF Trust (SPY) at 8.9%. Livermore has 7 filings on Form 13F from this institution, going back to Q4 2024.

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
24
Est. +$10.4M
Added
36
Est. +$15.7M
Reduced
43
Est. −$14.9M
Sold out
1
Est. −$431.8K

Top 5 holdings

Share of this quarter's portfolio value

  1. SPYSPDR S&P 500 ETF Trust
    8.9%$13.0MHistory
  2. Vanguard S&P 500 ETF922908363
    4.6%$6.70M
  3. Ssga Active Tr78470P408
    3.3%$4.89M
  4. SPDR Series Trust78468R812
    3.2%$4.75M
  5. Vanguard S&P 500 Value ETF921932703
    3.0%$4.36M

Share of portfolio

Top 5 holdings and the other 100 positions, by share of portfolio value

  1. SPY8.9%
  2. Vanguard S&P 500 ETF4.6%
  3. Ssga Active Tr3.3%
  4. SPDR Series Trust3.2%
  5. Vanguard S&P 500 Value ETF3.0%
  6. Other 100 positions77.0%

Biggest buys

New and added positions, by estimated amount bought

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$1.87MAdded
  2. SPYSPDR S&P 500 ETF Trust
    +$1.50MAddedHistory
  3. Ssga Active Tr78470P846
    +$1.05MAdded
  4. iShares Tr46438G570
    +$969.9KNew
  5. Fidelity Merrimack STR Tr316188705
    +$812.2KAdded

Largest weight increases

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

  1. State Street SPDR Portfolio S&P 500 ETF78464A854
    +1.27 pp0.7% → 2.0%
  2. SPYSPDR S&P 500 ETF Trust
    +0.92 pp8.0% → 8.9%History
  3. Ssga Active Tr78470P846
    +0.67 pp0.3% → 1.0%
  4. iShares Tr46438G570
    +0.66 pp0.0% → 0.7%
  5. iShares S&P 500 Growth ETF464287309
    +0.51 pp0.0% → 0.5%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard S&P 500 ETF922908363
    −$979.4KReduced
  2. First Tr Exchange-Traded FD33738D606
    −$874.7KReduced
  3. Vanguard S&P 500 Value ETF921932703
    −$863.2KReduced
  4. Capital Grp Fixed Incm ETF T14020Y300
    −$780.4KReduced
  5. Capital Grp Fixed Incm ETF T14020Y102
    −$763.4KReduced

Largest weight decreases

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

  1. First Tr Exchange-Traded FD33738D606
    −1.16 pp3.8% → 2.7%
  2. Capital Grp Fixed Incm ETF T14020Y102
    −0.98 pp3.2% → 2.3%
  3. Capital Grp Fixed Incm ETF T14020Y300
    −0.98 pp3.3% → 2.3%
  4. Vanguard Total Bond Market ETF921937835
    −0.94 pp3.5% → 2.6%
  5. Vanguard Intermediate-Term Bond ETF921937819
    −0.92 pp2.9% → 2.0%

Metrics

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

Portfolio value
$146.4M
+$20.6M (+16.3%) vs. prior quarter
Positions
105
+23 vs. prior quarter
Top 10 concentration
35.9%
Top 10 as share of value
Turnover
11.2%
Q2 2026, one quarter
Average holding period
5.6 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 2024), so positions held before then are understated.

13F filings by quarter

7 quarters, going back to Q4 2024. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $146.4M (Q2 2026)

Q4 2024: $96.2MQ1 2025: $100.1MQ2 2025: $100.8MQ3 2025: $123.2MQ4 2025: $129.6MQ1 2026: $125.9MQ2 2026: $146.4M
Q4 2024Q2 2026
13F filings of Midwest Financial Network, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 7, 2026105$146.4MSPYVanguard S&P 500 ETFSsga Active Trvs. Q1 2026SEC
Q1 2026Jun 4, 202682$125.9MSPYVanguard S&P 500 ETFVanguard S&P 500 Value ETFvs. Q4 2025SEC
Q4 2025Jun 4, 202668$129.6MVanguard S&P 500 ETFVanguard S&P 500 Value ETFFirst Tr Exchange-Traded FDvs. Q3 2025SEC
Q3 2025Jun 4, 202664$123.2MVanguard S&P 500 ETFVanguard S&P 500 Value ETFFirst Tr Exchange-Traded FDvs. Q2 2025SEC
Q2 2025Jun 4, 202659$100.8MVanguard S&P 500 Value ETFVanguard S&P 500 ETFCapital Grp Fixed Incm ETF Tvs. Q1 2025SEC
Q1 2025Jun 4, 202658$100.1MVanguard S&P 500 Value ETFCapital Grp Fixed Incm ETF TVanguard S&P 500 ETFvs. Q4 2024SEC
Q4 2024Jun 4, 202657$96.2MVanguard S&P 500 Value ETFCapital Grp Fixed Incm ETF TVanguard S&P 500 ETF–SEC