CIK 1591505
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 | 99.27% | 36 |
| Semiconductors & Semiconductor Equipment | 0.15% | 4 |
| Technology Hardware & Equipment | 0.08% | 2 |
| Software & IT Services | 0.08% | 2 |
| Pharmaceuticals & Biotechnology | 0.08% | 3 |
| Specialty Retail | 0.07% | 3 |
| Software | 0.06% | 2 |
| Commercial Services & Supplies | 0.05% | 3 |
| Banks | 0.04% | 2 |
| Oil, Gas & Consumable Fuels | 0.02% | 1 |
| Electrical Equipment & Components | 0.02% | 1 |
| Automobiles & Components | 0.02% | 1 |
| Aerospace & Defense | 0.01% | 1 |
| Media & Entertainment | 0.01% | 1 |
| Machinery | 0.01% | 1 |
| Beverages | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 34.75% |
| 2 | IVV | ISHARES TR | Unclassified | 21.27% |
| 3 | PSMO | PACER FDS TR | Unclassified | 4.35% |
| 4 | PSMD | PACER FDS TR | Unclassified | 4.05% |
| 5 | XLK | SELECT SECTOR SPDR TR | Unclassified | 3.99% |
| 6 | PSMJ | PACER FDS TR | Unclassified | 3.82% |
| 7 | PSMR | PACER FDS TR | Unclassified | 3.71% |
| 8 | PSCW | PACER FDS TR | Unclassified | 2.72% |
| 9 | PSCQ | PACER FDS TR | Unclassified | 2.13% |
| 10 | HEGD | LISTED FDS TR SWAN HEDGED EQUITY US LARGE CAP ETF | Unclassified | 2.11% |
29/64 names classified · sector 0.8% of weight · industry 0.7% · mkt cap 0.8%; 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: 0.8% 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: 0.7% of book weight (28/64 names) · unclassified 99.3%: SPY, IVV, PSMO, PSMD, XLK, PSMJ, PSMR, PSCW, PSCQ, HEGD +26 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 | 995,392 | $647M | 34.7% | TRIM −8% |
| 2 | IVVISHARES TR | 606,594 | $396M | 21.3% | TRIM −4% |
| 3 | PSMOPACER FDS TR | 2,684,376 | $81M | 4.3% | TRIM −4% |
| 4 | PSMDPACER FDS TR | 2,365,077 | $75M | 4.0% | ADD 13% |
| 5 | XLKSELECT SECTOR SPDR TR | 559,388 | $74M | 4.0% | TRIM −23% |
| 6 | PSMJPACER FDS TR | 2,238,543 | $71M | 3.8% | TRIM −4% |
| 7 | PSMRPACER FDS TR | 2,274,467 | $69M | 3.7% | TRIM −4% |
| 8 | PSCWPACER FDS TR | 1,780,977 | $51M | 2.7% | TRIM −4% |
| 9 | PSCQPACER FDS TR | 1,370,850 | $40M | 2.1% | TRIM −4% |
| 10 | HEGDLISTED FDS TR SWAN HEDGED EQUITY US LARGE CAP ETF | 1,592,181 | $39M | 2.1% | TRIM −43% |
| 11 | PSCJPACER FDS TR | 1,145,234 | $34M | 1.8% | TRIM −4% |
| 12 | PSFDPACER FDS TR | 828,431 | $30M | 1.6% | ADD 28% |
| 13 | XLFSELECT SECTOR SPDR TR | 571,025 | $28M | 1.5% | TRIM −23% |
| 14 | PSFOPACER FDS TR | 858,499 | $27M | 1.5% | TRIM −4% |
| 15 | PSCXPACER FDS TR | 805,251 | $25M | 1.3% | TRIM −4% |
| 16 | XLYSELECT SECTOR SPDR TR | 202,978 | $22M | 1.2% | TRIM −23% |
| 17 | XLCSELECT SECTOR SPDR TR | 195,753 | $22M | 1.2% | TRIM −24% |
| 18 | XLVSELECT SECTOR SPDR TR | 147,497 | $22M | 1.2% | TRIM −23% |
| 19 | PSFJPACER FDS TR | 646,062 | $21M | 1.1% | TRIM −4% |
| 20 | XLISELECT SECTOR SPDR TR | 124,286 | $20M | 1.1% | TRIM −22% |
| 21 | PSFMPACER FDS TR | 405,130 | $13M | 0.7% | TRIM −4% |
| 22 | XLPSELECT SECTOR SPDR TR | 144,314 | $12M | 0.6% | TRIM −23% |
| 23 | XLESELECT SECTOR SPDR TR | 149,315 | $9M | 0.5% | TRIM −22% |
| 24 | XLUSELECT SECTOR SPDR TR | 123,494 | $6M | 0.3% | TRIM −23% |
| 25 | XLBSELECT SECTOR SPDR TR | 90,844 | $5M | 0.2% | TRIM −23% |
| 26 | XLRESELECT SECTOR SPDR TR | 104,403 | $4M | 0.2% | TRIM −23% |
| 27 | SCLZNORTHERN LTS FD TR III | 24,344 | $1M | 0.1% | TRIM −3% |
| 28 | AAPLAPPLE INC | 4,406 | $1M | 0.1% | ADD 10% |
| 29 | NVDANVIDIA CORPORATION | 6,197 | $1M | 0.1% | ADD 24% |
| 30 | BOXXEA SERIES TRUST | 8,300 | $965,207 | 0.1% | TRIM −23% |
| 31 | GLDSPDR GOLD TR | 2,145 | $922,972 | 0.0% | TRIM −4% |
| 32 | MSFTMICROSOFT CORP | 2,254 | $834,363 | 0.0% | ADD 27% |
| 33 | AVGOBROADCOM INC | 2,630 | $814,011 | 0.0% | ADD 42% |
| 34 | GOOGLALPHABET INC | 2,769 | $796,254 | 0.0% | ADD 8% |
| 35 | AMZNAMAZON COM INC | 3,213 | $669,172 | 0.0% | ADD 14% |
| 36 | SGOLETFS GOLD TR | 14,800 | $660,376 | 0.0% | TRIM −17% |
| 37 | METAMETA PLATFORMS INC | 1,099 | $628,771 | 0.0% | ADD 5% |
| 38 | LLYELI LILLY & CO | 666 | $612,567 | 0.0% | ADD 4% |
| 39 | JPMJPMORGAN CHASE & CO | 2,064 | $607,146 | 0.0% | ADD 11% |
| 40 | BRK.BBERKSHIRE HATHAWAY INC DEL | 1,196 | $573,123 | 0.0% | ADD 33% |
| 41 | MUMICRON TECHNOLOGY INC | 1,556 | $525,679 | 0.0% | NEW |
| 42 | JNJJOHNSON & JOHNSON | 1,963 | $479,836 | 0.0% | ADD 4% |
| 43 | XOMEXXON MOBIL CORP | 2,707 | $459,270 | 0.0% | ADD 10% |
| 44 | GEGE AEROSPACE | 1,492 | $423,385 | 0.0% | ADD 13% |
| 45 | CSCOCISCO SYS INC | 5,406 | $419,452 | 0.0% | ADD 10% |
| 46 | VVISA INC | 1,277 | $385,960 | 0.0% | ADD 11% |
| 47 | AMDADVANCED MICRO DEVICES INC | 1,813 | $368,819 | 0.0% | ADD 10% |
| 48 | PLTRPALANTIR TECHNOLOGIES INC | 2,469 | $361,165 | 0.0% | ADD 10% |
| 49 | WMTWALMART INC | 2,723 | $338,414 | 0.0% | TRIM −6% |
| 50 | MAMASTERCARD INCORPORATED | 654 | $326,778 | 0.0% | ADD 15% |
| 51 | ABBVABBVIE INC | 1,501 | $326,452 | 0.0% | ADD 4% |
| 52 | VEUVANGUARD INTL EQUITY INDEX F | 4,144 | $311,214 | 0.0% | TRIM −6% |
| 53 | TSLATESLA INC | 809 | $300,746 | 0.0% | ADD 7% |
| 54 | TLTISHARES TR | 3,200 | $277,408 | 0.0% | TRIM −3% |
| 55 | HDHOME DEPOT INC | 809 | $266,072 | 0.0% | ADD 7% |
| 56 | RTXRTX CORPORATION | 1,364 | $263,116 | 0.0% | ADD 7% |
| 57 | NFLXNETFLIX INC | 2,669 | $256,624 | 0.0% | ADD 9% |
| 58 | VTWOVANGUARD SCOTTSDALE FDS | 2,527 | $253,130 | 0.0% | TRIM −6% |
| 59 | IEFAISHARES TR | 2,693 | $243,797 | 0.0% | TRIM −6% |
| 60 | IEMGISHARES INC | 3,400 | $237,150 | 0.0% | TRIM −8% |
| 61 | CATCATERPILLAR INC | 333 | $235,917 | 0.0% | NEW |
| 62 | WFCWELLS FARGO CO NEW | 2,712 | $215,902 | 0.0% | ADD 11% |
| 63 | UBERUBER TECHNOLOGIES INC | 2,969 | $213,560 | 0.0% | ADD 7% |
| 64 | KOCOCA COLA CO | 2,776 | $211,115 | 0.0% | TRIM −35% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 1.1M | 1.1M | 1.2M | 1.2M | 1.1M | 995K | $647M |
| IVVISHARES TR | 712K | 746K | 728K | 727K | 630K | 607K | $396M |
| PSMOPACER FDS TR | 2.2M | 2.3M | 2.1M | 2.1M | 2.8M | 2.7M | $81M |
| PSMDPACER FDS TR | 2.0M | 2.4M | 2.2M | 2.2M | 2.1M | 2.4M | $75M |
| XLKSELECT SECTOR SPDR TR | 637K | 587K | 539K | 464K | 723K | 559K | $74M |
| PSMJPACER FDS TR | 2.3M | 2.2M | 2.0M | 2.5M | 2.3M | 2.2M | $71M |
| PSMRPACER FDS TR | 2.0M | 1.9M | 2.6M | 2.5M | 2.4M | 2.3M | $69M |
| PSCWPACER FDS TR | 1.3M | 1.3M | 2.0M | 2.0M | 1.9M | 1.8M | $51M |
| PSCQPACER FDS TR | 1.3M | 1.4M | 1.3M | 1.3M | 1.4M | 1.4M | $40M |
| HEGDLISTED FDS TR SWAN HEDGED EQUITY US LARGE CAP ETF | 2.8M | 2.8M | 2.8M | 2.5M | 2.8M | 1.6M | $39M |
| PSCJPACER FDS TR | 1.3M | 1.2M | 1.1M | 1.3M | 1.2M | 1.1M | $34M |
| PSFDPACER FDS TR | 758K | 738K | 678K | 656K | 649K | 828K | $30M |
| XLFSELECT SECTOR SPDR TR | 1.3M | 1.2M | 1.1M | 937K | 742K | 571K | $28M |
| PSFOPACER FDS TR | 416K | 406K | 373K | 381K | 896K | 858K | $27M |
| PSCXPACER FDS TR | 537K | 1.0M | 919K | 889K | 840K | 805K | $25M |
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.
