CIK 1542165
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 | 25.57% | 25 |
| Specialty Retail | 11.09% | 4 |
| Utilities | 10.32% | 3 |
| Aerospace & Defense | 7.94% | 3 |
| Pharmaceuticals & Biotechnology | 5.26% | 3 |
| Road & Rail | 3.91% | 2 |
| Banks | 3.91% | 2 |
| Equity Real Estate Investment Trusts (REITs) | 3.45% | 1 |
| Software & IT Services | 3.01% | 1 |
| Household Durables | 2.87% | 1 |
| Software | 2.80% | 1 |
| Construction & Engineering | 2.61% | 1 |
| Machinery | 2.53% | 1 |
| Electrical Equipment & Components | 2.41% | 1 |
| Technology Hardware & Equipment | 2.37% | 1 |
| Semiconductors & Semiconductor Equipment | 2.17% | 1 |
| Diversified Telecommunication Services | 1.99% | 1 |
| Oil, Gas & Consumable Fuels | 1.96% | 1 |
| Tobacco | 1.79% | 1 |
| Beverages | 1.71% | 1 |
| Health Care Equipment & Supplies | 0.22% | 1 |
| Chemicals | 0.11% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | AVDE | AMERICAN CENTY ETF TR | Unclassified | 5.98% |
| 2 | IAU | ISHARES GOLD TR | Unclassified | 5.91% |
| 3 | DUK | Duke Energy CORP | Utilities | 4.26% |
| 4 | DLR | DIGITAL REALTY TRUST, INC. | Real Estate | 3.45% |
| 5 | HD | HOME DEPOT, INC. | Consumer Discretionary | 3.36% |
| 6 | SRE | SEMPRA | Utilities | 3.29% |
| 7 | AMZN | AMAZON COM INC | Consumer Discretionary | 3.16% |
| 8 | META | Meta Platforms, Inc. | Communication Services | 3.01% |
| 9 | GRMN | GARMIN LTD | Industrials | 2.97% |
| 10 | SONY | Sony Group Corp | Consumer Discretionary | 2.87% |
32/57 names classified · sector 74.4% of weight · industry 74.4% · mkt cap 71.6%; 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: 74.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 71.3% of book weight (30/57 names) · unclassified 28.7%: AVDE, IAU, SONY, RSP, INDA, THD, EWM, EPHE, FXI, VNM +17 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 | AVDEAMERICAN CENTY ETF TR | 248,835 | $21M | 6.0% | TRIM −8% |
| 2 | IAUISHARES GOLD TR | 236,663 | $21M | 5.9% | TRIM −21% |
| 3 | DUKDUKE ENERGY CORP NEW | 114,875 | $15M | 4.3% | ADD 2% |
| 4 | DLRDIGITAL RLTY TR INC | 67,638 | $12M | 3.5% | ADD 4% |
| 5 | HDHOME DEPOT INC | 36,000 | $12M | 3.4% | ADD 19% |
| 6 | SRESEMPRA | 119,464 | $12M | 3.3% | TRIM −19% |
| 7 | AMZNAMAZON COM INC | 53,449 | $11M | 3.2% | ADD 18% |
| 8 | METAMETA PLATFORMS INC | 18,576 | $11M | 3.0% | ADD 15% |
| 9 | GRMNGARMIN LTD | 45,088 | $10M | 3.0% | TRIM −13% |
| 10 | SONYSONY GROUP CORP | 489,017 | $10M | 2.9% | NEW |
| 11 | MSFTMICROSOFT CORP | 26,713 | $10M | 2.8% | ADD 46% |
| 12 | KMIKINDER MORGAN INC DEL | 290,659 | $10M | 2.8% | NEW |
| 13 | WMTWALMART INC | 77,981 | $10M | 2.7% | HOLD |
| 14 | DHID R HORTON INC | 67,213 | $9M | 2.6% | TRIM −20% |
| 15 | NOCNORTHROP GRUMMAN CORP | 13,249 | $9M | 2.6% | TRIM −23% |
| 16 | SWKSTANLEY BLACK & DECKER INC | 125,362 | $9M | 2.5% | ADD 5% |
| 17 | UNPUNION PAC CORP | 35,670 | $9M | 2.5% | NEW |
| 18 | GNRCGENERAC HLDGS INC | 43,536 | $9M | 2.4% | TRIM −39% |
| 19 | LMTLOCKHEED MARTIN CORP | 14,070 | $9M | 2.4% | TRIM −40% |
| 20 | AAPLAPPLE INC | 32,979 | $8M | 2.4% | TRIM −10% |
| 21 | JPMJPMORGAN CHASE & CO | 27,909 | $8M | 2.3% | TRIM −3% |
| 22 | NVDANVIDIA CORPORATION | 43,964 | $8M | 2.2% | ADD 14% |
| 23 | RSPINVESCO EXCHANGE TRADED FD T | 38,691 | $7M | 2.1% | TRIM −15% |
| 24 | VZVERIZON COMMUNICATIONS INC | 140,177 | $7M | 2.0% | ADD 22% |
| 25 | CVXCHEVRON CORP NEW | 33,471 | $7M | 2.0% | ADD 42% |
| 26 | TGTTARGET CORP | 53,180 | $6M | 1.8% | HOLD |
| 27 | MOALTRIA GROUP INC | 95,530 | $6M | 1.8% | ADD 11% |
| 28 | BMYBRISTOL-MYERS SQUIBB CO | 102,578 | $6M | 1.8% | TRIM −6% |
| 29 | PFEPFIZER INC | 219,730 | $6M | 1.7% | ADD 10% |
| 30 | MRKMERCK & CO INC | 51,138 | $6M | 1.7% | TRIM −16% |
| 31 | PEPPEPSICO INC | 38,851 | $6M | 1.7% | ADD 3% |
| 32 | INDAISHARES TR | 119,949 | $6M | 1.6% | ADD 14% |
| 33 | USBUS BANCORP | 107,336 | $6M | 1.6% | TRIM −6% |
| 34 | UPSUNITED PARCEL SERVICE INC | 52,320 | $5M | 1.5% | ADD 4% |
| 35 | THDISHARES INC | 59,685 | $4M | 1.2% | NEW |
| 36 | EWMISHARES INC | 134,527 | $4M | 1.1% | TRIM −8% |
| 37 | EPHEISHARES TR | 144,540 | $4M | 1.0% | NEW |
| 38 | FXIISHARES TR | 94,659 | $3M | 1.0% | HOLD |
| 39 | VNMVANECK ETF TRUST | 194,598 | $3M | 1.0% | TRIM −9% |
| 40 | EIDOISHARES TR | 200,332 | $3M | 0.9% | ADD 8% |
| 41 | SCHVSCHWAB STRATEGIC TR | 68,387 | $2M | 0.6% | TRIM −4% |
| 42 | SCHZSCHWAB STRATEGIC TR | 87,930 | $2M | 0.6% | HOLD |
| 43 | LQDISHARES TR | 18,384 | $2M | 0.6% | HOLD |
| 44 | VCITVANGUARD SCOTTSDALE FDS | 24,118 | $2M | 0.6% | HOLD |
| 45 | AOAISHARES TR | 10,204 | $902,995 | 0.3% | HOLD |
| 46 | SCHMSCHWAB STRATEGIC TR | 27,009 | $836,199 | 0.2% | TRIM −8% |
| 47 | SCHFSCHWAB STRATEGIC TR | 31,750 | $785,813 | 0.2% | HOLD |
| 48 | HTFLHEARTFLOW INC | 31,310 | $761,772 | 0.2% | HOLD |
| 49 | SCHESCHWAB STRATEGIC TR | 20,361 | $670,895 | 0.2% | TRIM −7% |
| 50 | EDVVANGUARD WORLD FD | 7,942 | $515,832 | 0.1% | HOLD |
| 51 | ZROZPIMCO ETF TR | 6,890 | $441,029 | 0.1% | ADD 6% |
| 52 | PFFISHARES TR | 14,489 | $439,306 | 0.1% | TRIM −23% |
| 53 | PGPROCTER AND GAMBLE CO | 2,657 | $383,777 | 0.1% | HOLD |
| 54 | IJRISHARES TR | 2,277 | $283,054 | 0.1% | ADD 12% |
| 55 | IJHISHARES TR | 4,156 | $280,655 | 0.1% | TRIM −8% |
| 56 | AORISHARES TR | 3,459 | $222,572 | 0.1% | TRIM −3% |
| 57 | VMBSVANGUARD SCOTTSDALE FDS | 4,264 | $200,195 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| AVDEAMERICAN CENTY ETF TR | — | 241K | 253K | 266K | 270K | 249K | $21M |
| IAUISHARES GOLD TR | 232K | 299K | 298K | 299K | 298K | 237K | $21M |
| DUKDUKE ENERGY CORP NEW | 91K | 91K | 105K | 110K | 112K | 115K | $15M |
| DLRDIGITAL RLTY TR INC | 46K | 52K | 64K | 64K | 65K | 68K | $12M |
| HDHOME DEPOT INC | 26K | 26K | 29K | 29K | 30K | 36K | $12M |
| SRESEMPRA | 121K | 152K | 146K | 146K | 147K | 119K | $12M |
| AMZNAMAZON COM INC | 20K | 20K | 26K | 33K | 45K | 53K | $11M |
| METAMETA PLATFORMS INC | — | — | 8K | 8K | 16K | 19K | $11M |
| GRMNGARMIN LTD | 35K | 29K | 36K | 37K | 52K | 45K | $10M |
| SONYSONY GROUP CORP | — | — | — | — | — | 489K | $10M |
| MSFTMICROSOFT CORP | 20K | 20K | 22K | 21K | 18K | 27K | $10M |
| KMIKINDER MORGAN INC DEL | — | — | — | — | — | 291K | $10M |
| WMTWALMART INC | 104K | 101K | 113K | 123K | 77K | 78K | $10M |
| DHID R HORTON INC | 53K | 70K | 70K | 70K | 84K | 67K | $9M |
| NOCNORTHROP GRUMMAN CORP | 17K | 17K | 19K | 17K | 17K | 13K | $9M |
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.
