CIK 1535202
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 | 99.11% | 38 |
| Software | 0.89% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | ADIV | GUINNESS ATKINSON FDS | Unclassified | 17.21% |
| 2 | EDIV | SPDR INDEX SHS FDS | Unclassified | 12.74% |
| 3 | AIRR | First Trust RBA Amern Indl Renaissance ETF | Unclassified | 12.61% |
| 4 | XLC | SELECT SECTOR SPDR TR | Unclassified | 11.38% |
| 5 | XLK | SELECT SECTOR SPDR TR | Unclassified | 8.72% |
| 6 | GDX | VANECK ETF TRUST GOLD MINERS ETF | Unclassified | 3.28% |
| 7 | HTUS | CAPITOL SER TR | Unclassified | 3.10% |
| 8 | LGOV | FIRST TR EXCHANGE-TRADED FD | Unclassified | 2.81% |
| 9 | XLF | SELECT SECTOR SPDR TR | Unclassified | 2.38% |
| 10 | HSCZ | ISHARES TR | Unclassified | 2.01% |
1/39 names classified · sector 0.9% of weight · industry 0.9% · mkt cap 0.9%; 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: 0.9% 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: 0.9% of book weight (1/39 names) · unclassified 99.1%: ADIV, EDIV, AIRR, XLC, XLK, GDX, HTUS, LGOV, XLF, HSCZ +28 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 | ADIVGUINNESS ATKINSON FDS | 1,935,017 | $34M | 17.2% | ADD 109% |
| 2 | EDIVSPDR INDEX SHS FDS | 638,363 | $25M | 12.7% | ADD 86% |
| 3 | AIRRFirst Trust RBA Amern Indl Renaissance ETF | 225,184 | $25M | 12.6% | ADD 67% |
| 4 | XLCSELECT SECTOR SPDR TR | 203,090 | $23M | 11.4% | NEW |
| 5 | XLKSELECT SECTOR SPDR TR | 129,770 | $17M | 8.7% | ADD 118% |
| 6 | GDXVANECK ETF TRUST GOLD MINERS ETF | 70,625 | $6M | 3.3% | TRIM −11% |
| 7 | HTUSCAPITOL SER TR | 160,694 | $6M | 3.1% | ADD 201% |
| 8 | LGOVFIRST TR EXCHANGE-TRADED FD | 258,014 | $6M | 2.8% | TRIM −77% |
| 9 | XLFSELECT SECTOR SPDR TR | 95,439 | $5M | 2.4% | ADD 10% |
| 10 | HSCZISHARES TR | 100,257 | $4M | 2.0% | ADD 4% |
| 11 | LKORFLEXSHARES TR | 83,001 | $3M | 1.7% | ADD 13% |
| 12 | KORPAMERICAN CENTY ETF TR | 67,005 | $3M | 1.6% | TRIM −80% |
| 13 | MDYGSPDR SERIES TRUST | 30,517 | $3M | 1.5% | NEW |
| 14 | RSPNINVESCO EXCHANGE TRADED FD T | 45,547 | $3M | 1.3% | HOLD |
| 15 | RINGISHARES INC | 32,826 | $3M | 1.3% | HOLD |
| 16 | ANGLVANECK ETF TRUST | 85,907 | $2M | 1.2% | ADD 12% |
| 17 | QQQMINVESCO EXCH TRADED FD TR II | 10,101 | $2M | 1.2% | ADD 6% |
| 18 | UTESETFIS SER TR I | 24,480 | $2M | 1.0% | ADD 7% |
| 19 | IAGGISHARES TR | 37,168 | $2M | 0.9% | ADD 12% |
| 20 | XSMOINVESCO EXCHANGE TRADED FD T | 23,716 | $2M | 0.9% | ADD 5% |
| 21 | XMMOINVESCO EXCHANGE TRADED FD T | 12,392 | $2M | 0.9% | ADD 3% |
| 22 | HEZUISHARES TR | 40,420 | $2M | 0.9% | ADD 5% |
| 23 | MSFTMICROSOFT CORP | 4,768 | $2M | 0.9% | TRIM −3% |
| 24 | INNOVATOR ETFS TRUST | 43,741 | $2M | 0.9% | ADD 87% |
| 25 | FLBLFRANKLIN TEMPLETON ETF TR | 63,426 | $1M | 0.7% | ADD 12% |
| 26 | XLVSELECT SECTOR SPDR TR | 9,926 | $1M | 0.7% | ADD 4% |
| 27 | SCHRSCHWAB STRATEGIC TR | 54,545 | $1M | 0.7% | ADD 11% |
| 28 | IYKISHARES TR | 18,349 | $1M | 0.6% | HOLD |
| 29 | WTMFWISDOMTREE TR | 29,664 | $1M | 0.6% | ADD 11% |
| 30 | USTBVICTORY PORTFOLIOS II | 22,551 | $1M | 0.6% | ADD 14% |
| 31 | REETISHARES TR | 44,823 | $1M | 0.6% | ADD 8% |
| 32 | REZIShares Residential Real Estate Capped ETF | 13,498 | $1M | 0.6% | ADD 7% |
| 33 | ICVTISHARES TR CONV BD ETF | 9,872 | $1M | 0.5% | TRIM −11% |
| 34 | HDGPROSHARES TR | 18,573 | $957,399 | 0.5% | TRIM −25% |
| 35 | SPTISPDR SERIES TRUST | 31,881 | $913,709 | 0.5% | TRIM −83% |
| 36 | DXJWISDOMTREE TR | 3,986 | $632,100 | 0.3% | TRIM −14% |
| 37 | SYLDCAMBRIA ETF TR | 6,489 | $489,335 | 0.2% | TRIM −8% |
| 38 | IXGISHARES TR | 3,455 | $393,870 | 0.2% | NEW |
| 39 | XLESELECT SECTOR SPDR TR | 3,534 | $216,493 | 0.1% | TRIM −30% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| ADIVGUINNESS ATKINSON FDS | — | 153K | 286K | 416K | 926K | 1.9M | $34M |
| EDIVSPDR INDEX SHS FDS | — | 44K | 109K | 172K | 342K | 638K | $25M |
| AIRRFirst Trust RBA Amern Indl Renaissance ETF | — | 23K | 54K | 73K | 135K | 225K | $25M |
| XLCSELECT SECTOR SPDR TR | — | — | — | — | — | 203K | $23M |
| XLKSELECT SECTOR SPDR TR | 28K | 23K | 23K | 28K | 60K | 130K | $17M |
| GDXVANECK ETF TRUST GOLD MINERS ETF | 34K | 31K | 30K | 26K | 80K | 71K | $6M |
| HTUSCAPITOL SER TR | 9K | 14K | 28K | 45K | 53K | 161K | $6M |
| LGOVFIRST TR EXCHANGE-TRADED FD | — | 442K | 1.6M | 1.5M | 1.1M | 258K | $6M |
| XLFSELECT SECTOR SPDR TR | 8K | 10K | 60K | 76K | 87K | 95K | $5M |
| HSCZISHARES TR | 100K | 82K | 72K | 89K | 97K | 100K | $4M |
| LKORFLEXSHARES TR | 16K | 24K | 37K | 61K | 74K | 83K | $3M |
| KORPAMERICAN CENTY ETF TR | — | — | 523K | 456K | 342K | 67K | $3M |
| MDYGSPDR SERIES TRUST | — | — | — | — | — | 31K | $3M |
| RSPNINVESCO EXCHANGE TRADED FD T | 27K | 33K | 33K | 40K | 45K | 46K | $3M |
| RINGISHARES INC | 29K | 27K | 33K | 33K | 32K | 33K | $3M |
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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