CIK 1519611
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 | 99.98% | 24 |
| Oil, Gas & Consumable Fuels | 0.02% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VOO | VANGUARD INDEX FDS | Unclassified | 16.41% |
| 2 | XLK | SELECT SECTOR SPDR TR | Unclassified | 13.49% |
| 3 | IEF | ISHARES TR | Unclassified | 10.82% |
| 4 | BWX | SPDR SERIES TRUST | Unclassified | 9.33% |
| 5 | SCHP | SCHWAB STRATEGIC TR | Unclassified | 9.02% |
| 6 | IEMG | ISHARES INC | Unclassified | 7.26% |
| 7 | GLD | SPDR GOLD TR | Unclassified | 7.03% |
| 8 | VT | VANGUARD INTL EQUITY INDEX F | Unclassified | 6.97% |
| 9 | EMLP | First TR. Ex. Tr. FD N. American Energy | Unclassified | 4.81% |
| 10 | EIPX | FIRST TR EXCHANGE-TRADED FD | Unclassified | 4.57% |
1/25 names classified · sector 0.0% of weight · industry 0.0% · mkt cap 0.0%; 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: 0.0% 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: 0.0% of book weight (0/25 names) · unclassified 100.0%: VOO, XLK, IEF, BWX, SCHP, IEMG, GLD, VT, EMLP, EIPX +15 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 | VOOVANGUARD INDEX FDS | 457,873 | $274M | 16.4% | TRIM −30% |
| 2 | XLKSELECT SECTOR SPDR TR | 1,691,744 | $225M | 13.5% | HOLD |
| 3 | IEFISHARES TR | 1,889,214 | $180M | 10.8% | TRIM −8% |
| 4 | BWXSPDR SERIES TRUST | 7,088,016 | $156M | 9.3% | TRIM −5% |
| 5 | SCHPSCHWAB STRATEGIC TR | 5,648,682 | $150M | 9.0% | ADD 28% |
| 6 | IEMGISHARES INC | 1,734,899 | $121M | 7.3% | ADD 18% |
| 7 | GLDSPDR GOLD TR | 272,262 | $117M | 7.0% | ADD 13% |
| 8 | VTVANGUARD INTL EQUITY INDEX F | 839,995 | $116M | 7.0% | TRIM −47% |
| 9 | EMLPFirst TR. Ex. Tr. FD N. American Energy | 1,835,297 | $80M | 4.8% | ADD 228% |
| 10 | EIPXFIRST TR EXCHANGE-TRADED FD | 2,370,562 | $76M | 4.6% | HOLD |
| 11 | TLHISHARES TR | 555,322 | $56M | 3.4% | TRIM −23% |
| 12 | SHYISHARES TR | 244,395 | $20M | 1.2% | ADD 224% |
| 13 | IDEVISHARES TR | 182,623 | $15M | 0.9% | NEW |
| 14 | AGGISHARES TR | 121,370 | $12M | 0.7% | TRIM −26% |
| 15 | GOVTISHARES TR | 522,602 | $12M | 0.7% | HOLD |
| 16 | XLESELECT SECTOR SPDR TR | 186,996 | $11M | 0.7% | NEW |
| 17 | PABUISHARES TR | 135,315 | $9M | 0.5% | TRIM −53% |
| 18 | NUEMNUSHARES ETF TR | 239,972 | $9M | 0.5% | ADD 85% |
| 19 | VEAVANGUARD TAX-MANAGED FDS | 133,940 | $9M | 0.5% | TRIM −53% |
| 20 | VWOVANGUARD INTL EQUITY INDEX F | 105,598 | $6M | 0.3% | HOLD |
| 21 | NUDMNUSHARES ETF TR | 154,754 | $6M | 0.3% | ADD 87% |
| 22 | IGOVISHARES TR | 95,274 | $4M | 0.2% | ADD 30% |
| 23 | IBNDSPDR SER TR | 62,575 | $2M | 0.1% | ADD 8% |
| 24 | BWZSPDR SERIES TRUST | 32,366 | $871,295 | 0.1% | ADD 7% |
| 25 | BSMBLACK STONE MINERALS L P | 24,112 | $364,573 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VOOVANGUARD INDEX FDS | 956K | 1.2M | 972K | 976K | 652K | 458K | $274M |
| XLKSELECT SECTOR SPDR TR | — | — | — | — | 1.7M | 1.7M | $225M |
| IEFISHARES TR | 2.5M | 2.9M | 2.6M | 2.8M | 2.1M | 1.9M | $180M |
| BWXSPDR SERIES TRUST | 4.6M | 5.0M | 8.0M | 7.7M | 7.4M | 7.1M | $156M |
| SCHPSCHWAB STRATEGIC TR | 5.0M | 5.7M | 5.5M | 5.5M | 4.4M | 5.6M | $150M |
| IEMGISHARES INC | — | — | — | — | 1.5M | 1.7M | $121M |
| GLDSPDR GOLD TR | 343K | 331K | 302K | 295K | 242K | 272K | $117M |
| VTVANGUARD INTL EQUITY INDEX F | 589K | 1.2M | 1.1M | 1.5M | 1.6M | 840K | $116M |
| EMLPFirst TR. Ex. Tr. FD N. American Energy | 1.3M | 1.9M | 1.9M | 1.9M | 560K | 1.8M | $80M |
| EIPXFIRST TR EXCHANGE-TRADED FD | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M | $76M |
| TLHISHARES TR | — | — | 765K | 651K | 717K | 555K | $56M |
| SHYISHARES TR | 229K | 207K | 64K | 88K | 76K | 244K | $20M |
| IDEVISHARES TR | — | — | — | — | — | 183K | $15M |
| AGGISHARES TR | 67K | 68K | 101K | 103K | 164K | 121K | $12M |
| GOVTISHARES TR | 494K | 512K | 512K | 534K | 523K | 523K | $12M |
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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