CIK 1097362
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 99.26% | 25 |
| Equity Real Estate Investment Trusts (REITs) | 0.60% | 18 |
| Entertainment | 0.14% | 1 |
| Media & Entertainment | 0.00% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 22.34% |
| 2 | IVV | ISHARES TR | Unclassified | 16.03% |
| 3 | SNPE | DBX ETF TR | Unclassified | 15.92% |
| 4 | VOO | VANGUARD INDEX FDS | Unclassified | 15.88% |
| 5 | EWT | ISHARES INC MSCI TAIWAN ETF | Unclassified | 6.65% |
| 6 | QQQ | INVESCO QQQ TR | Unclassified | 3.52% |
| 7 | LODI | ETF SER SOLUTIONS | Unclassified | 2.86% |
| 8 | CLOC | ETF SER SOLUTIONS | Unclassified | 2.82% |
| 9 | EWS | ISHARES INC | Unclassified | 2.77% |
| 10 | XVV | ISHARES TR | Unclassified | 2.30% |
20/45 names classified · sector 0.7% of weight · industry 0.7% · mkt cap 0.7%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 0.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 1% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.6% of book weight (17/45 names) · unclassified 99.4%: SPY, IVV, SNPE, VOO, EWT, QQQ, LODI, CLOC, EWS, XVV +18 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | SPYSTATE STR SPDR S&P 500 ETF T | 604,990 | $393M | 22.3% | TRIM −3% |
| 2 | IVVISHARES TR | 432,316 | $282M | 16.0% | HOLD |
| 3 | SNPEDBX ETF TR | 4,708,946 | $280M | 15.9% | ADD 22% |
| 4 | VOOVANGUARD INDEX FDS | 468,158 | $280M | 15.9% | ADD 2% |
| 5 | EWTISHARES INC MSCI TAIWAN ETF | 1,652,908 | $117M | 6.7% | TRIM −11% |
| 6 | QQQINVESCO QQQ TR | 107,443 | $62M | 3.5% | TRIM −10% |
| 7 | LODIETF SER SOLUTIONS | 2,000,000 | $50M | 2.9% | HOLD |
| 8 | CLOCETF SER SOLUTIONS | 2,000,000 | $50M | 2.8% | HOLD |
| 9 | EWSISHARES INC | 1,729,969 | $49M | 2.8% | ADD 17% |
| 10 | XVVISHARES TR | 823,040 | $41M | 2.3% | HOLD |
| 11 | CCAPCRESCENT CAP BDC INC | 2,226,308 | $27M | 1.5% | HOLD |
| 12 | SPMDSPDR SERIES TRUST | 398,410 | $24M | 1.3% | NEW |
| 13 | INDAISHARES TR | 385,125 | $18M | 1.0% | ADD 13% |
| 14 | ASHRDBX ETF TR XTRACK HRVST CSI | 514,607 | $17M | 1.0% | ADD 56% |
| 15 | THDISHARES INC | 220,513 | $15M | 0.9% | HOLD |
| 16 | EIDOISHARES TR | 799,013 | $13M | 0.7% | ADD 10% |
| 17 | EWMISHARES INC | 407,241 | $12M | 0.7% | ADD 8% |
| 18 | EFAISHARES TR | 72,248 | $7M | 0.4% | HOLD |
| 19 | EWJISHARES INC | 57,372 | $5M | 0.3% | TRIM −25% |
| 20 | EWQISHARES INC | 58,910 | $3M | 0.1% | HOLD |
| 21 | SEATVIVID SEATS INC | 415,529 | $2M | 0.1% | TRIM −7% |
| 22 | EWUISHARES TR | 51,240 | $2M | 0.1% | HOLD |
| 23 | EQIXEQUINIX INC | 1,666 | $2M | 0.1% | HOLD |
| 24 | DLRDIGITAL RLTY TR INC | 8,136 | $1M | 0.1% | HOLD |
| 25 | EWWISHARES INC MSCI MEXICO ETF | 18,395 | $1M | 0.1% | HOLD |
| 26 | SPGSIMON PPTY GROUP INC NEW | 6,535 | $1M | 0.1% | ADD 19% |
| 27 | WELLWELLTOWER INC | 5,760 | $1M | 0.1% | NEW |
| 28 | PLDPROLOGIS INC. | 7,682 | $1M | 0.1% | HOLD |
| 29 | FRFIRST INDL RLTY TR INC | 17,185 | $994,000 | 0.1% | HOLD |
| 30 | EWGISHARES INC MSCI GERMANY ETF | 13,095 | $519,000 | 0.0% | HOLD |
| 31 | VTRVENTAS INC | 5,949 | $487,000 | 0.0% | NEW |
| 32 | IVTINVENTRUST PPTYS CORP | 13,122 | $400,000 | 0.0% | NEW |
| 33 | PECOPHILLIPS EDISON & CO INC | 10,630 | $398,000 | 0.0% | NEW |
| 34 | RSPINVESCO EXCHANGE TRADED FD T | 1,636 | $313,000 | 0.0% | NEW |
| 35 | EQREQUITY RESIDENTIAL | 4,805 | $284,000 | 0.0% | NEW |
| 36 | MAAMID-AMER APT CMNTYS INC | 2,266 | $277,000 | 0.0% | NEW |
| 37 | KRGKITE RLTY GROUP TR | 10,705 | $263,000 | 0.0% | NEW |
| 38 | AVBAVALONBAY CMNTYS INC | 1,307 | $213,000 | 0.0% | TRIM −77% |
| 39 | CPTCAMDEN PPTY TR | 2,181 | $213,000 | 0.0% | TRIM −77% |
| 40 | REGREGENCY CTRS CORP | 1,773 | $134,000 | 0.0% | NEW |
| 41 | KIMKIMCO RLTY CORP | 5,911 | $133,000 | 0.0% | NEW |
| 42 | AKRACADIA RLTY TR | 6,635 | $127,000 | 0.0% | NEW |
| 43 | UDRUDR INC | 3,215 | $109,000 | 0.0% | NEW |
| 44 | BBGIBEASLEY BROADCAST GROUP INC | 1,524 | $5,000 | 0.0% | HOLD |
| 45 | SEATWVIVID SEATS INC | 19,720 | $1,000 | 0.0% | TRIM −95% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 644K | 639K | 632K | 634K | 624K | 605K | $393M |
| IVVISHARES TR | 527K | 464K | 464K | 464K | 436K | 432K | $282M |
| SNPEDBX ETF TR | — | — | 2.2M | 3.4M | 3.9M | 4.7M | $280M |
| VOOVANGUARD INDEX FDS | 558K | 495K | 494K | 489K | 458K | 468K | $280M |
| EWTISHARES INC MSCI TAIWAN ETF | 2.0M | 1.9M | 1.9M | 1.8M | 1.9M | 1.7M | $117M |
| QQQINVESCO QQQ TR | 164K | 163K | 161K | 157K | 120K | 107K | $62M |
| LODIETF SER SOLUTIONS | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | 2.0M | $50M |
| CLOCETF SER SOLUTIONS | — | — | — | — | 2.0M | 2.0M | $50M |
| EWSISHARES INC | 1.5M | 1.5M | 1.2M | 1.5M | 1.5M | 1.7M | $49M |
| XVVISHARES TR | 823K | 823K | 823K | 823K | 823K | 823K | $41M |
| CCAPCRESCENT CAP BDC INC | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | 2.2M | $27M |
| SPMDSPDR SERIES TRUST | — | 491K | — | — | — | 398K | $24M |
| INDAISHARES TR | 306K | 306K | 316K | 314K | 342K | 385K | $18M |
| ASHRDBX ETF TR XTRACK HRVST CSI | — | — | 198K | 198K | 331K | 515K | $17M |
| THDISHARES INC | 181K | — | — | 217K | 218K | 221K | $15M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
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