CIK 1119376
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 | 71.06% | 7 |
| Equity Real Estate Investment Trusts (REITs) | 12.69% | 1 |
| Software & IT Services | 9.89% | 2 |
| Automobiles & Components | 2.83% | 1 |
| Insurance | 1.65% | 1 |
| Specialty Retail | 1.18% | 1 |
| Pharmaceuticals & Biotechnology | 0.69% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BKLN | INVESCO EXCH TRADED FD TR II | Unclassified | 18.73% |
| 2 | FBTC | FIDELITY WISE ORIGIN BITCOIN | Unclassified | 14.28% |
| 3 | PHYS | Sprott Physical Gold Trust | Unclassified | 13.27% |
| 4 | CXW | CoreCivic, Inc. | Real Estate | 12.69% |
| 5 | AAAU | GOLDMAN SACHS PHYSICAL GOLD | Unclassified | 12.05% |
| 6 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 6.60% |
| 7 | META | Meta Platforms, Inc. | Communication Services | 5.63% |
| 8 | GOOG | Alphabet Inc. | Communication Services | 4.26% |
| 9 | IAU | ISHARES GOLD TR | Unclassified | 3.49% |
| 10 | TSLA | Tesla, Inc. | Consumer Discretionary | 2.83% |
7/14 names classified · sector 28.9% of weight · industry 28.9% · mkt cap 28.9%; 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: 28.9% of the book is sector-classified (unclassified names shown, never dropped).
Only 29% of book weight classified — the grid is NOT representative of the whole book.
Classified: 28.9% of book weight (7/14 names) · unclassified 71.1%: BKLN, FBTC, PHYS, AAAU, SPY, IAU, . 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 | BKLNINVESCO EXCH TRADED FD TR II | 648,000 | $13M | 18.7% | HOLD |
| 2 | FBTCFIDELITY WISE ORIGIN BITCOIN | 170,865 | $10M | 14.3% | HOLD |
| 3 | PHYSSprott Physical Gold Trust | 264,500 | $9M | 13.3% | HOLD |
| 4 | CXWCORECIVIC INC | 473,961 | $9M | 12.7% | HOLD |
| 5 | AAAUGOLDMAN SACHS PHYSICAL GOLD | 184,254 | $9M | 12.1% | HOLD |
| 6 | SPYSTATE STR SPDR S&P 500 ETF T | 7,171 | $5M | 6.6% | ADD 5% |
| 7 | METAMETA PLATFORMS INC | 6,950 | $4M | 5.6% | HOLD |
| 8 | GOOGALPHABET INC | 10,500 | $3M | 4.3% | HOLD |
| 9 | IAUISHARES GOLD TR | 28,000 | $2M | 3.5% | HOLD |
| 10 | TSLATESLA INC | 5,380 | $2M | 2.8% | ADD 74% |
| 11 | PINNACLE FINL PARTNERS INC | 21,565 | $2M | 2.6% | HOLD |
| 12 | UNHUNITEDHEALTH GROUP INC | 4,300 | $1M | 1.6% | HOLD |
| 13 | AMZNAMAZON COM INC | 4,000 | $833,000 | 1.2% | NEW |
| 14 | JNJJOHNSON & JOHNSON | 2,000 | $489,000 | 0.7% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| BKLNINVESCO EXCH TRADED FD TR II | 648K | 648K | 648K | 648K | 648K | 648K | $13M |
| FBTCFIDELITY WISE ORIGIN BITCOIN | 70K | 81K | 156K | 166K | 171K | 171K | $10M |
| PHYSSprott Physical Gold Trust | 265K | 265K | 265K | 265K | 265K | 265K | $9M |
| CXWCORECIVIC INC | 428K | 428K | 474K | 474K | 474K | 474K | $9M |
| AAAUGOLDMAN SACHS PHYSICAL GOLD | 184K | 184K | 184K | 184K | 184K | 184K | $9M |
| SPYSTATE STR SPDR S&P 500 ETF T | 1K | 1K | 7K | 7K | 7K | 7K | $5M |
| METAMETA PLATFORMS INC | 8K | 4K | 8K | 8K | 7K | 7K | $4M |
| GOOGALPHABET INC | 6K | 11K | 11K | 11K | 11K | 11K | $3M |
| IAUISHARES GOLD TR | 28K | 28K | 28K | 28K | 28K | 28K | $2M |
| TSLATESLA INC | — | — | 3K | 3K | 3K | 5K | $2M |
| PINNACLE FINL PARTNERS INC | — | — | — | 22K | 22K | 22K | $2M |
| UNHUNITEDHEALTH GROUP INC | — | — | 3K | 4K | 4K | 4K | $1M |
| AMZNAMAZON COM INC | — | — | — | — | — | 4K | $833,000 |
| JNJJOHNSON & JOHNSON | 2K | 2K | 2K | 2K | 2K | 2K | $489,000 |
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.
Where this firm's principals came from and which firms its alumni went on to found.
