CIK 1554961
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 | 68.82% | 36 |
| Software & IT Services | 4.30% | 3 |
| Semiconductors & Semiconductor Equipment | 4.24% | 3 |
| Technology Hardware & Equipment | 3.94% | 2 |
| Software | 3.14% | 2 |
| Specialty Retail | 2.64% | 3 |
| Oil, Gas & Consumable Fuels | 1.63% | 3 |
| Utilities | 1.42% | 3 |
| Food Products | 1.41% | 2 |
| Banks | 1.38% | 2 |
| Pharmaceuticals & Biotechnology | 1.16% | 2 |
| Textiles, Apparel & Luxury Goods | 0.64% | 1 |
| Construction & Engineering | 0.63% | 1 |
| Media & Entertainment | 0.59% | 1 |
| Beverages | 0.58% | 2 |
| Health Care Providers & Services | 0.46% | 1 |
| Marine | 0.46% | 1 |
| Aerospace & Defense | 0.39% | 1 |
| Electrical Equipment & Components | 0.38% | 1 |
| Diversified Telecommunication Services | 0.37% | 1 |
| Chemicals | 0.32% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 0.30% | 1 |
| Capital Markets | 0.29% | 1 |
| Insurance | 0.28% | 1 |
| Hotels, Restaurants & Leisure | 0.21% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 12.00% |
| 2 | ITOT | ISHARES TR | Unclassified | 7.00% |
| 3 | QQQ | INVESCO QQQ TR | Unclassified | 5.04% |
| 4 | GOVT | ISHARES TR | Unclassified | 4.95% |
| 5 | SHY | ISHARES TR | Unclassified | 4.74% |
| 6 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 4.57% |
| 7 | IAUM | ISHARES GOLD TR | Unclassified | 3.71% |
| 8 | AAPL | Apple Inc. | Information Technology | 3.58% |
| 9 | NVDA | NVIDIA CORP | Information Technology | 3.31% |
| 10 | MSFT | MICROSOFT CORP | Information Technology | 2.79% |
41/76 names classified · sector 31.8% of weight · industry 31.2% · mkt cap 30.3%; 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: 31.8% of the book is sector-classified (unclassified names shown, never dropped).
Only 30% of book weight classified — the grid is NOT representative of the whole book.
Classified: 29.7% of book weight (38/76 names) · unclassified 70.3%: SPY, ITOT, QQQ, GOVT, SHY, VEA, IAUM, IVV, IEF, SGOV +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 | SPYSTATE STR SPDR S&P 500 ETF T | 34,285 | $22M | 12.0% | HOLD |
| 2 | ITOTISHARES TR | 91,263 | $13M | 7.0% | TRIM −3% |
| 3 | QQQINVESCO QQQ TR | 16,235 | $9M | 5.0% | ADD 4% |
| 4 | GOVTISHARES TR | 401,593 | $9M | 5.0% | TRIM −7% |
| 5 | SHYISHARES TR | 106,551 | $9M | 4.7% | HOLD |
| 6 | VEAVANGUARD TAX-MANAGED FDS | 132,638 | $8M | 4.6% | ADD 11% |
| 7 | IAUMISHARES GOLD TR | 147,489 | $7M | 3.7% | HOLD |
| 8 | AAPLAPPLE INC | 26,206 | $7M | 3.6% | ADD 3% |
| 9 | NVDANVIDIA CORPORATION | 35,281 | $6M | 3.3% | HOLD |
| 10 | MSFTMICROSOFT CORP | 13,984 | $5M | 2.8% | ADD 10% |
| 11 | GOOGLALPHABET INC | 17,438 | $5M | 2.7% | HOLD |
| 12 | IVVISHARES TR | 7,649 | $5M | 2.7% | TRIM −5% |
| 13 | IEFISHARES TR | 43,849 | $4M | 2.3% | ADD 15% |
| 14 | AMZNAMAZON COM INC | 18,559 | $4M | 2.1% | ADD 2% |
| 15 | SGOVISHARES TR | 34,735 | $3M | 1.9% | TRIM −3% |
| 16 | TLTISHARES TR | 39,899 | $3M | 1.9% | TRIM −2% |
| 17 | SPYMSPDR SERIES TRUST | 43,081 | $3M | 1.8% | TRIM −4% |
| 18 | PPAINVESCO EXCHANGE TRADED FD T | 16,142 | $3M | 1.4% | HOLD |
| 19 | KDEFPLUS KOREA DEFENSE INDUSTRY INDEX ETF | 48,802 | $3M | 1.4% | TRIM −6% |
| 20 | EPOLISHARES TR | 70,646 | $3M | 1.4% | ADD 2% |
| 21 | XLESELECT SECTOR SPDR TR | 34,955 | $2M | 1.2% | TRIM −7% |
| 22 | METAMETA PLATFORMS INC | 3,566 | $2M | 1.1% | ADD 2% |
| 23 | FBTCFIDELITY WISE ORIGIN BITCOIN | 31,620 | $2M | 1.0% | ADD 14% |
| 24 | EWSISHARES INC | 59,776 | $2M | 0.9% | ADD 3% |
| 25 | JPMJPMORGAN CHASE & CO | 5,722 | $2M | 0.9% | ADD 3% |
| 26 | KBAKRANESHARES TRUST | 55,352 | $2M | 0.9% | ADD 3% |
| 27 | KOIDKRANESHARES TRUST | 52,668 | $2M | 0.9% | HOLD |
| 28 | CVXCHEVRON CORP NEW | 7,526 | $2M | 0.8% | TRIM −5% |
| 29 | JBSJBS N.V. | 83,290 | $1M | 0.8% | HOLD |
| 30 | REMXVANECK ETF TRUST | 16,898 | $1M | 0.8% | TRIM −2% |
| 31 | LNGCheniere Energy, Inc | 5,107 | $1M | 0.8% | HOLD |
| 32 | ETHAISHARES ETHEREUM TR | 88,584 | $1M | 0.8% | ADD 30% |
| 33 | LQDISHARES TR | 12,399 | $1M | 0.7% | TRIM −17% |
| 34 | AMDADVANCED MICRO DEVICES INC | 6,569 | $1M | 0.7% | HOLD |
| 35 | KWEBKRANESHARES TRUST CSI CHI INTERNET | 45,776 | $1M | 0.7% | ADD 10% |
| 36 | URAGLOBAL X FDS | 26,585 | $1M | 0.7% | ADD 6% |
| 37 | JNJJOHNSON & JOHNSON | 5,204 | $1M | 0.7% | TRIM −2% |
| 38 | ZGNERMENEGILDO ZEGNA N V | 114,322 | $1M | 0.6% | ADD 2% |
| 39 | EMEEMCOR GROUP INC | 1,589 | $1M | 0.6% | HOLD |
| 40 | BRK.BBERKSHIRE HATHAWAY INC DEL | 2,366 | $1M | 0.6% | HOLD |
| 41 | HSYHERSHEY CO | 5,391 | $1M | 0.6% | HOLD |
| 42 | NFLXNETFLIX INC | 11,460 | $1M | 0.6% | ADD 10% |
| 43 | MTUMISHARES TR | 4,178 | $1M | 0.5% | ADD 5% |
| 44 | DOCNDIGITALOCEAN HLDGS INC | 10,855 | $931,142 | 0.5% | TRIM −14% |
| 45 | COFCAPITAL ONE FINL CORP | 4,813 | $878,036 | 0.5% | ADD 7% |
| 46 | ABTABBOTT LABS | 8,537 | $876,494 | 0.5% | ADD 7% |
| 47 | ENSGENSIGN GROUP INC | 4,272 | $860,808 | 0.5% | ADD 2% |
| 48 | BUGGLOBAL X FDS | 34,123 | $856,829 | 0.5% | ADD 9% |
| 49 | NCLHNORWEGIAN CRUISE LINE HLDGS | 45,601 | $852,729 | 0.5% | HOLD |
| 50 | VLOVALERO ENERGY CORP | 3,074 | $759,524 | 0.4% | TRIM −3% |
| 51 | QQQMINVESCO EXCH TRADED FD TR II | 3,149 | $748,300 | 0.4% | TRIM −3% |
| 52 | TDGTRANSDIGM GROUP INC | 633 | $733,622 | 0.4% | ADD 4% |
| 53 | XOMEXXON MOBIL CORP | 4,212 | $714,608 | 0.4% | HOLD |
| 54 | GEVGE VERNOVA INC | 800 | $698,320 | 0.4% | TRIM −12% |
| 55 | TAT&T INC | 23,809 | $690,229 | 0.4% | TRIM −3% |
| 56 | ENSENERSYS | 3,872 | $672,644 | 0.4% | TRIM −5% |
| 57 | BPREBLUEROCK PVT REAL ESTATE FD | 39,929 | $663,223 | 0.4% | NEW |
| 58 | CDNSCADENCE DESIGN SYSTEM INC | 2,355 | $654,384 | 0.4% | ADD 7% |
| 59 | NEENEXTERA ENERGY INC | 6,520 | $605,578 | 0.3% | ADD 2% |
| 60 | KOCOCA COLA CO | 7,947 | $604,335 | 0.3% | HOLD |
| 61 | APDAIR PRODS & CHEMS INC | 2,046 | $594,343 | 0.3% | ADD 2% |
| 62 | AEPAMERICAN ELEC PWR CO INC | 4,517 | $592,088 | 0.3% | ADD 2% |
| 63 | VWOVANGUARD INTL EQUITY INDEX F | 10,796 | $583,524 | 0.3% | ADD 4% |
| 64 | PLDPROLOGIS INC. | 4,247 | $561,368 | 0.3% | ADD 3% |
| 65 | MSMORGAN STANLEY | 3,326 | $547,360 | 0.3% | ADD 3% |
| 66 | DGDOLLAR GEN CORP | 4,564 | $541,884 | 0.3% | TRIM −5% |
| 67 | MTGMGIC INVT CORP WIS | 20,154 | $529,043 | 0.3% | ADD 4% |
| 68 | SHWSHERWIN WILLIAMS CO | 1,575 | $504,866 | 0.3% | ADD 3% |
| 69 | CALFPACER FDS TR | 10,718 | $480,917 | 0.3% | ADD 4% |
| 70 | PEPPEPSICO INC | 3,050 | $473,635 | 0.3% | TRIM −25% |
| 71 | IXUSISHARES TR | 4,727 | $409,542 | 0.2% | TRIM −10% |
| 72 | OLEDUNIVERSAL DISPLAY CORP | 4,221 | $386,897 | 0.2% | ADD 12% |
| 73 | YUMYUM BRANDS INC | 2,451 | $381,081 | 0.2% | TRIM −12% |
| 74 | USIGISHARES TR | 6,998 | $358,508 | 0.2% | HOLD |
| 75 | IEMGISHARES INC | 3,532 | $246,325 | 0.1% | TRIM −12% |
| 76 | SPHYSPDR SERIES TRUST | 10,128 | $236,185 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 14K | 14K | 42K | 67K | 34K | 34K | $22M |
| ITOTISHARES TR | 438K | 432K | 167K | 92K | 94K | 91K | $13M |
| QQQINVESCO QQQ TR | 17K | 17K | 16K | 16K | 16K | 16K | $9M |
| GOVTISHARES TR | 568K | 555K | 471K | 465K | 434K | 402K | $9M |
| SHYISHARES TR | — | — | — | — | 107K | 107K | $9M |
| VEAVANGUARD TAX-MANAGED FDS | — | — | — | — | 119K | 133K | $8M |
| IAUMISHARES GOLD TR | — | — | 131K | 131K | 150K | 147K | $7M |
| AAPLAPPLE INC | 18K | 17K | 20K | 20K | 25K | 26K | $7M |
| NVDANVIDIA CORPORATION | 23K | 24K | 30K | 27K | 35K | 35K | $6M |
| MSFTMICROSOFT CORP | 7K | 7K | 8K | 8K | 13K | 14K | $5M |
| GOOGLALPHABET INC | 13K | 14K | 20K | 19K | 18K | 17K | $5M |
| IVVISHARES TR | 57K | 57K | 22K | 12K | 8K | 8K | $5M |
| IEFISHARES TR | 15K | 18K | 26K | 29K | 38K | 44K | $4M |
| AMZNAMAZON COM INC | 12K | 11K | 14K | 14K | 18K | 19K | $4M |
| SGOVISHARES TR | — | — | — | — | 36K | 35K | $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.
Where this firm's principals came from and which firms its alumni went on to found.
