CIK 1454937
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 | 97.01% | 19 |
| Diversified Consumer Services | 2.57% | 1 |
| Media & Entertainment | 0.32% | 2 |
| Electrical Equipment & Components | 0.09% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VTI | VANGUARD INDEX FDS | Unclassified | 82.62% |
| 2 | BND | VANGUARD BD INDEX FDS | Unclassified | 2.73% |
| 3 | WW | WW INTERNATIONAL, INC. | Consumer Discretionary | 2.57% |
| 4 | BANK AMERICA CORP | Unclassified | 2.46% | |
| 5 | KKR & CO INC | Unclassified | 1.38% | |
| 6 | APOLLO GLOBAL MGMT INC | Unclassified | 1.22% | |
| 7 | SRLN | SSGA ACTIVE ETF TR | Unclassified | 0.97% |
| 8 | ARES MANAGEMENT CORPORATION | Unclassified | 0.76% | |
| 9 | VGSH | VANGUARD SHORT-TERM TREASURY ETF | Unclassified | 0.73% |
| 10 | SOUTHERN CO | Unclassified | 0.69% |
4/23 names classified · sector 3.0% of weight · industry 3.0% · mkt cap 3.0%; 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: 3.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.3% of book weight (2/18 names) · unclassified 99.7%: VTI, , BND, WW, SRLN, VGSH, BKLN, HFRO, HYG, VUG +6 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 | VTIVANGUARD INDEX FDS | 280,031 | $90M | 82.6% | HOLD |
| 2 | BNDVANGUARD BD INDEX FDS | 40,267 | $3M | 2.7% | HOLD |
| 3 | WWWW INTL INC | 203,652 | $3M | 2.6% | ADD 12% |
| 4 | BANK AMERICA CORP | 2,248 | $3M | 2.5% | HOLD |
| 5 | KKR & CO INC | 37,400 | $1M | 1.4% | HOLD |
| 6 | APOLLO GLOBAL MGMT INC | 22,713 | $1M | 1.2% | HOLD |
| 7 | SRLNSSGA ACTIVE ETF TR | 26,300 | $1M | 1.0% | TRIM −38% |
| 8 | ARES MANAGEMENT CORPORATION | 22,700 | $823,556 | 0.8% | HOLD |
| 9 | VGSHVANGUARD SHORT-TERM TREASURY ETF | 13,500 | $790,290 | 0.7% | HOLD |
| 10 | SOUTHERN CO | 14,530 | $750,475 | 0.7% | NEW |
| 11 | BKLNINVESCO EXCH TRADED FD TR II | 31,500 | $642,915 | 0.6% | TRIM −50% |
| 12 | HFROHIGHLAND OPPS & INCOME FD | 79,431 | $453,551 | 0.4% | TRIM −10% |
| 13 | NEXTERA ENERGY INC | 8,000 | $449,120 | 0.4% | HOLD |
| 14 | HYGISHARES TR | 5,575 | $443,547 | 0.4% | HOLD |
| 15 | VUGVANGUARD INDEX FDS | 957 | $418,008 | 0.4% | HOLD |
| 16 | SPHQINVESCO EXCHANGE TRADED FD T | 4,920 | $369,935 | 0.3% | HOLD |
| 17 | HYTBLACKROCK CORPOR HI YLD FD I | 35,000 | $298,200 | 0.3% | ADD 75% |
| 18 | XEFRXEATON VANCE SR FLTNG RTE TR | 24,120 | $254,225 | 0.2% | HOLD |
| 19 | HIXWESTERN ASSET HIGH INCOM FD | 60,614 | $241,244 | 0.2% | HOLD |
| 20 | CCOCLEAR CHANNEL OUTDOOR HLDGS | 88,592 | $209,963 | 0.2% | HOLD |
| 21 | EFTEATON VANCE FLTING RATE INC | 17,768 | $190,651 | 0.2% | HOLD |
| 22 | IHRTIHEARTMEDIA INC | 46,764 | $136,551 | 0.1% | HOLD |
| 23 | EAFGRAFTECH INTL LTD | 15,000 | $101,700 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VTIVANGUARD INDEX FDS | 304K | 300K | 294K | 290K | 284K | 280K | $90M |
| BNDVANGUARD BD INDEX FDS | 43K | 43K | 42K | 41K | 41K | 40K | $3M |
| WWWW INTL INC | — | — | — | 294K | 182K | 204K | $3M |
| BANK AMERICA CORP | 3K | 2K | 2K | 2K | 2K | 2K | $3M |
| KKR & CO INC | — | — | 27K | 27K | 37K | 37K | $1M |
| APOLLO GLOBAL MGMT INC | 26K | 23K | 23K | 23K | 23K | 23K | $1M |
| SRLNSSGA ACTIVE ETF TR | 47K | 47K | 29K | 42K | 42K | 26K | $1M |
| ARES MANAGEMENT CORPORATION | — | — | 23K | 23K | 23K | 23K | $823,556 |
| VGSHVANGUARD SHORT-TERM TREASURY ETF | 14K | 14K | 14K | 14K | 14K | 14K | $790,290 |
| SOUTHERN CO | — | — | — | — | — | 15K | $750,475 |
| BKLNINVESCO EXCH TRADED FD TR II | 71K | 71K | 36K | 63K | 63K | 32K | $642,915 |
| HFROHIGHLAND OPPS & INCOME FD | 197K | 106K | 106K | 106K | 88K | 79K | $453,551 |
| NEXTERA ENERGY INC | 8K | 8K | 8K | 8K | 8K | 8K | $449,120 |
| HYGISHARES TR | 6K | 6K | 6K | 6K | 6K | 6K | $443,547 |
| VUGVANGUARD INDEX FDS | 1K | 1K | 1K | 957 | 957 | 957 | $418,008 |
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.
