CIK 1588959
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 | 44.73% | 33 |
| Banks | 29.05% | 19 |
| Oil, Gas & Consumable Fuels | 6.18% | 2 |
| Airlines | 4.88% | 1 |
| Software | 3.53% | 3 |
| Commercial Services & Supplies | 3.47% | 2 |
| Software & IT Services | 2.92% | 4 |
| Equity Real Estate Investment Trusts (REITs) | 1.38% | 5 |
| Semiconductors & Semiconductor Equipment | 1.29% | 4 |
| Chemicals | 0.76% | 1 |
| Metals & Mining | 0.58% | 2 |
| Specialty Retail | 0.52% | 1 |
| Health Care Equipment & Supplies | 0.25% | 1 |
| Real Estate Management & Development | 0.24% | 1 |
| Automobiles & Components | 0.22% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 20.72% |
| 2 | EXE | EXPAND ENERGY Corp | Energy | 5.77% |
| 3 | PNFP | Pinnacle Financial Partners, Inc. | Financials | 5.66% |
| 4 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 5.02% |
| 5 | ALK | ALASKA AIR GROUP, INC. | Industrials | 4.88% |
| 6 | HBAN | HUNTINGTON BANCSHARES INC /MD/ | Financials | 4.78% |
| 7 | WAL | WESTERN ALLIANCE BANCORPORATION | Financials | 4.60% |
| 8 | BAC | BANK OF AMERICA CORP /DE/ | Financials | 3.63% |
| 9 | BANC | BANC OF CALIFORNIA, INC. | Financials | 3.37% |
| 10 | UBER | Uber Technologies, Inc | Industrials | 2.88% |
47/80 names classified · sector 55.3% of weight · industry 55.3% · mkt cap 54.0%; 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: 55.3% of the book is sector-classified (unclassified names shown, never dropped).
Only 45% of book weight classified — the grid is NOT representative of the whole book.
Classified: 45.4% of book weight (36/80 names) · unclassified 54.6%: SPY, PNFP, RSP, EWU, EWY, KCCA, FEZ, EWJ, XLF, DDI +34 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 | 41,484 | $27M | 20.7% | ADD 45% |
| 2 | EXEEXPAND ENERGY CORPORATION | 68,398 | $8M | 5.8% | NEW |
| 3 | PNFPPINNACLE FINL PARTNERS INC | 85,549 | $7M | 5.7% | NEW |
| 4 | RSPINVESCO EXCHANGE TRADED FD T | 34,050 | $7M | 5.0% | TRIM −3% |
| 5 | ALKAlaska Air Group, Inc. | 172,600 | $6M | 4.9% | ADD 205% |
| 6 | HBANHUNTINGTON BANCSHARES INC | 397,656 | $6M | 4.8% | TRIM −8% |
| 7 | WALWESTERN ALLIANCE BANCORP | 84,599 | $6M | 4.6% | TRIM −24% |
| 8 | BACBANK AMERICA CORP | 96,871 | $5M | 3.6% | ADD 182% |
| 9 | BANCBANC OF CALIFORNIA INC | 249,621 | $4M | 3.4% | ADD 45% |
| 10 | UBERUBER TECHNOLOGIES INC | 52,100 | $4M | 2.9% | TRIM −9% |
| 11 | MSFTMICROSOFT CORP | 7,106 | $3M | 2.0% | NEW |
| 12 | EWUISHARES TR | 55,910 | $3M | 2.0% | TRIM −17% |
| 13 | COFCAPITAL ONE FINL CORP | 12,900 | $2M | 1.8% | NEW |
| 14 | EWYISHARES INC MSCI STH KOR ETF | 18,000 | $2M | 1.7% | NEW |
| 15 | SYFSYNCHRONY FINANCIAL | 31,500 | $2M | 1.6% | NEW |
| 16 | KCCAKRANESHARES TRUST | 140,517 | $2M | 1.6% | ADD 33% |
| 17 | FEZSPDR INDEX SHS FDS | 31,800 | $2M | 1.5% | HOLD |
| 18 | EWJISHARES INC | 20,659 | $2M | 1.3% | TRIM −47% |
| 19 | XLFSELECT SECTOR SPDR TR | 35,000 | $2M | 1.3% | NEW |
| 20 | ORCLORACLE CORP | 10,350 | $2M | 1.2% | NEW |
| 21 | DDIDOUBLEDOWN INTERACTIVE CO LT | 161,768 | $1M | 1.0% | HOLD |
| 22 | METAMETA PLATFORMS INC | 2,220 | $1M | 1.0% | TRIM −63% |
| 23 | LIENCHICAGO ATLANTIC BDC INC | 130,920 | $1M | 0.9% | TRIM −4% |
| 24 | XLCSELECT SECTOR SPDR TR | 10,970 | $1M | 0.9% | HOLD |
| 25 | GOOGLALPHABET INC | 3,500 | $1M | 0.8% | TRIM −13% |
| 26 | LODECOMSTOCK INC | 325,134 | $991,659 | 0.8% | NEW |
| 27 | INDAISHARES TR | 20,300 | $950,852 | 0.7% | TRIM −32% |
| 28 | MDYSPDR S&P MIDCAP 400 ETF TR | 1,500 | $925,140 | 0.7% | TRIM −25% |
| 29 | OSBCOLD SECOND BANCORP INC ILL | 39,224 | $790,756 | 0.6% | TRIM −20% |
| 30 | FXIISHARES TR | 22,000 | $789,800 | 0.6% | NEW |
| 31 | LYFTLYFT INC | 58,000 | $771,400 | 0.6% | NEW |
| 32 | SMHVANECK ETF TRUST | 2,000 | $766,800 | 0.6% | NEW |
| 33 | AVGOBROADCOM INC | 2,295 | $710,325 | 0.5% | NEW |
| 34 | GDXVANECK ETF TRUST GOLD MINERS ETF | 7,500 | $688,275 | 0.5% | NEW |
| 35 | WFCWELLS FARGO CO NEW | 8,500 | $676,685 | 0.5% | NEW |
| 36 | AMZNAMAZON COM INC | 3,220 | $670,629 | 0.5% | HOLD |
| 37 | XMESPDR SERIES TRUST | 6,000 | $648,060 | 0.5% | TRIM −43% |
| 38 | MRVLMARVELL TECHNOLOGY INC | 6,350 | $628,968 | 0.5% | TRIM −33% |
| 39 | XLKSELECT SECTOR SPDR TR | 4,520 | $600,708 | 0.5% | HOLD |
| 40 | NXENEXGEN ENERGY LTD | 50,000 | $580,000 | 0.4% | TRIM −24% |
| 41 | ELMEWASHINGTON REAL ESTATE INVT | 269,317 | $541,327 | 0.4% | NEW |
| 42 | INRINFINITY NAT RES INC | 30,709 | $540,785 | 0.4% | TRIM −37% |
| 43 | FNWDFINWARD BANCORP | 14,678 | $532,811 | 0.4% | TRIM −31% |
| 44 | KRESPDR SERIES TRUST | 8,000 | $521,200 | 0.4% | TRIM −24% |
| 45 | IBTIISHARES TR | 23,250 | $518,080 | 0.4% | ADD 16% |
| 46 | ALRSALERUS FINL CORP | 19,757 | $468,438 | 0.4% | TRIM −20% |
| 47 | IBTHISHARES TR | 20,000 | $448,600 | 0.3% | HOLD |
| 48 | DUOTDUOS TECHNOLOGIES GROUP INC | 63,707 | $437,030 | 0.3% | NEW |
| 49 | GLDSPDR GOLD TR | 1,000 | $430,290 | 0.3% | TRIM −9% |
| 50 | USBUS BANCORP | 8,000 | $416,080 | 0.3% | HOLD |
| 51 | RYNRAYONIER INC | 20,000 | $412,400 | 0.3% | NEW |
| 52 | DOCHEALTHPEAK PROPERTIES INC | 25,000 | $410,750 | 0.3% | HOLD |
| 53 | BUSEFIRST BUSEY CORP | 15,359 | $388,122 | 0.3% | ADD 24% |
| 54 | IBTJISHARES TR | 17,500 | $382,252 | 0.3% | ADD 75% |
| 55 | CHCTCOMMUNITY HEALTHCARE TR INC | 22,258 | $353,680 | 0.3% | ADD 96% |
| 56 | LNSRLENSAR INC | 55,371 | $330,011 | 0.3% | TRIM −53% |
| 57 | EWPISHARES INC | 6,000 | $325,860 | 0.3% | HOLD |
| 58 | AFCGADVANCED FLOWER CAP INC | 110,912 | $312,772 | 0.2% | NEW |
| 59 | KWEBKRANESHARES TRUST CSI CHI INTERNET | 11,000 | $312,730 | 0.2% | ADD 22% |
| 60 | STHOSTAR HLDGS | 40,970 | $310,143 | 0.2% | ADD 59% |
| 61 | FSUNFIRSTSUN CAP BANCORP | 8,340 | $304,076 | 0.2% | ADD 32% |
| 62 | TSLATESLA INC | 785 | $291,824 | 0.2% | HOLD |
| 63 | FVCBFVCBANKCORP INC | 19,150 | $290,888 | 0.2% | TRIM −20% |
| 64 | POETPOET TECHNOLOGIES INC | 45,500 | $270,270 | 0.2% | NEW |
| 65 | IGSBISHARES TR | 5,000 | $262,800 | 0.2% | HOLD |
| 66 | BPRNPRINCETON BANCORP INC | 7,118 | $240,375 | 0.2% | NEW |
| 67 | FFBCFIRST FINL BANCORP OH | 8,556 | $238,541 | 0.2% | TRIM −32% |
| 68 | MSOSADVISORSHARES TR | 65,000 | $230,750 | 0.2% | HOLD |
| 69 | GSBDGOLDMAN SACHS BDC INC | 25,000 | $222,000 | 0.2% | ADD 150% |
| 70 | ETHAISHARES ETHEREUM TR | 13,000 | $205,790 | 0.2% | NEW |
| 71 | SGMLSIGMA LITHIUM CORPORATION | 14,286 | $176,289 | 0.1% | HOLD |
| 72 | BURBURFORD CAP LTD | 38,662 | $174,752 | 0.1% | TRIM −21% |
| 73 | KDKYNDRYL HLDGS INC | 12,000 | $157,440 | 0.1% | NEW |
| 74 | MSDLMORGAN STANLEY DIRECT LENDIN | 10,000 | $139,600 | 0.1% | NEW |
| 75 | LARLITHIUM ARGENTINA AG | 20,191 | $134,876 | 0.1% | HOLD |
| 76 | OCSLOAKTREE SPECIALTY LENDING CO | 10,000 | $113,000 | 0.1% | NEW |
| 77 | SNFCASECURITY NATL FINL CORP | 11,311 | $107,228 | 0.1% | TRIM −53% |
| 78 | SITCSITE CTRS CORP | 15,000 | $81,000 | 0.1% | TRIM −38% |
| 79 | MUMICRON TECHNOLOGY INC | 210 | $70,946 | 0.1% | TRIM −79% |
| 80 | BITFARMS LTD | 33,000 | $64,350 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 33K | 41K | 44K | 42K | 29K | 41K | $27M |
| EXEEXPAND ENERGY CORPORATION | — | — | — | 35K | — | 68K | $8M |
| PNFPPINNACLE FINL PARTNERS INC | — | — | — | — | — | 86K | $7M |
| RSPINVESCO EXCHANGE TRADED FD T | 33K | 30K | 24K | 36K | 35K | 34K | $7M |
| ALKAlaska Air Group, Inc. | 23K | — | — | — | 57K | 173K | $6M |
| HBANHUNTINGTON BANCSHARES INC | — | — | — | 53K | 430K | 398K | $6M |
| WALWESTERN ALLIANCE BANCORP | 110K | 79K | 69K | 54K | 111K | 85K | $6M |
| BACBANK AMERICA CORP | 8K | — | — | — | 34K | 97K | $5M |
| BANCBANC OF CALIFORNIA INC | 501K | 412K | 455K | 96K | 173K | 250K | $4M |
| UBERUBER TECHNOLOGIES INC | — | — | 4K | 35K | 58K | 52K | $4M |
| MSFTMICROSOFT CORP | — | — | — | — | — | 7K | $3M |
| EWUISHARES TR | 45K | 45K | 61K | 51K | 68K | 56K | $3M |
| COFCAPITAL ONE FINL CORP | — | — | — | — | — | 13K | $2M |
| EWYISHARES INC MSCI STH KOR ETF | 34K | 6K | — | — | — | 18K | $2M |
| SYFSYNCHRONY FINANCIAL | — | 60K | — | 8K | — | 32K | $2M |
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.
