CIK 1250731
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 |
|---|---|---|
| Health Care Providers & Services | 55.96% | 1 |
| Unclassified | 37.74% | 8 |
| Equity Real Estate Investment Trusts (REITs) | 6.30% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ARDT | Ardent Health, Inc. | Health Care | 55.96% |
| 2 | VTI | VANGUARD INDEX FDS | Unclassified | 14.70% |
| 3 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 7.15% |
| 4 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 5.76% |
| 5 | VOO | VANGUARD INDEX FDS | Unclassified | 3.77% |
| 6 | EQR | EQUITY RESIDENTIAL | Real Estate | 3.53% |
| 7 | IEMG | ISHARES INC | Unclassified | 3.51% |
| 8 | ELS | EQUITY LIFESTYLE PROPERTIES INC | Real Estate | 2.77% |
| 9 | VHT | VANGUARD WORLD FD | Unclassified | 1.48% |
| 10 | VFH | VANGUARD WORLD FD | Unclassified | 0.80% |
3/11 names classified · sector 62.3% of weight · industry 62.3% · mkt cap 62.3%; 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: 62.3% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 62.3% of book weight (3/11 names) · unclassified 37.7%: VTI, RSP, VEA, VOO, IEMG, VHT, VFH, VWO. 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 | ARDTARDENT HEALTH INC | 77,246,499 | $661M | 56.0% | HOLD |
| 2 | VTIVANGUARD INDEX FDS | 541,481 | $174M | 14.7% | HOLD |
| 3 | RSPINVESCO EXCHANGE TRADED FD T | 1,865,494 | $84M | 7.1% | HOLD |
| 4 | VEAVANGUARD TAX-MANAGED FDS | 1,061,981 | $68M | 5.8% | ADD 21% |
| 5 | VOOVANGUARD INDEX FDS | 74,604 | $45M | 3.8% | ADD 276% |
| 6 | EQREQUITY RESIDENTIAL | 705,415 | $42M | 3.5% | ADD 4% |
| 7 | IEMGISHARES INC | 594,544 | $41M | 3.5% | HOLD |
| 8 | ELSEQUITY LIFESTYLE PPTYS INC | 524,368 | $33M | 2.8% | HOLD |
| 9 | VHTVANGUARD WORLD FD | 64,079 | $17M | 1.5% | HOLD |
| 10 | VFHVANGUARD WORLD FD | 78,063 | $9M | 0.8% | HOLD |
| 11 | VWOVANGUARD INTL EQUITY INDEX F | 126,430 | $7M | 0.6% | ADD 268% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ARDTARDENT HEALTH INC | 77.2M | 77.2M | 77.2M | 77.2M | 77.2M | 77.2M | $661M |
| VTIVANGUARD INDEX FDS | 531K | 534K | 536K | 539K | 540K | 541K | $174M |
| RSPINVESCO EXCHANGE TRADED FD T | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | $84M |
| VEAVANGUARD TAX-MANAGED FDS | 774K | 775K | 785K | 827K | 875K | 1.1M | $68M |
| VOOVANGUARD INDEX FDS | — | — | — | 10K | 20K | 75K | $45M |
| EQREQUITY RESIDENTIAL | 1.2M | 936K | 936K | 936K | 680K | 705K | $42M |
| IEMGISHARES INC | 595K | 595K | 595K | 595K | 595K | 595K | $41M |
| ELSEQUITY LIFESTYLE PPTYS INC | 2.7M | 2.3M | 2.3M | 756K | 524K | 524K | $33M |
| VHTVANGUARD WORLD FD | 63K | 63K | 63K | 63K | 64K | 64K | $17M |
| VFHVANGUARD WORLD FD | 77K | 77K | 77K | 77K | 78K | 78K | $9M |
| VWOVANGUARD INTL EQUITY INDEX F | — | — | — | 18K | 34K | 126K | $7M |
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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