CIK 1591925
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-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 | 88.32% | 22 |
| Oil, Gas & Consumable Fuels | 1.21% | 4 |
| Equity Real Estate Investment Trusts (REITs) | 1.01% | 5 |
| Technology Hardware & Equipment | 0.89% | 3 |
| Pharmaceuticals & Biotechnology | 0.88% | 7 |
| Chemicals | 0.83% | 5 |
| Diversified Telecommunication Services | 0.81% | 2 |
| Beverages | 0.66% | 2 |
| Electrical Equipment & Components | 0.62% | 2 |
| Software | 0.57% | 1 |
| Hotels, Restaurants & Leisure | 0.49% | 1 |
| Specialty Retail | 0.45% | 3 |
| Utilities | 0.40% | 6 |
| Tobacco | 0.38% | 2 |
| Food Products | 0.38% | 2 |
| Health Care Equipment & Supplies | 0.36% | 2 |
| Insurance | 0.24% | 4 |
| Distributors | 0.21% | 2 |
| Aerospace & Defense | 0.20% | 2 |
| Metals & Mining | 0.20% | 1 |
| Commercial Services & Supplies | 0.17% | 2 |
| Industrial Conglomerates | 0.14% | 1 |
| Textiles, Apparel & Luxury Goods | 0.14% | 2 |
| Semiconductors & Semiconductor Equipment | 0.13% | 1 |
| Banks | 0.10% | 2 |
| Paper & Forest Products | 0.06% | 1 |
| Automobiles & Components | 0.06% | 1 |
| Road & Rail | 0.03% | 1 |
| Machinery | 0.02% | 1 |
| Software & IT Services | 0.02% | 2 |
| Capital Markets | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 12.83% |
| 2 | ISTB | ISHARES TR | Unclassified | 11.79% |
| 3 | IGSB | ISHARES TR | Unclassified | 11.78% |
| 4 | TIP | ISHARES TR | Unclassified | 8.37% |
| 5 | ACWI | ISHARES TR | Unclassified | 6.89% |
| 6 | IWM | ISHARES TR | Unclassified | 5.03% |
| 7 | HEFA | ISHARES CURRENCY HEDGED MSCI EAFE ETF | Unclassified | 4.96% |
| 8 | GLD | SPDR GOLD TR | Unclassified | 4.90% |
| 9 | TLT | ISHARES TR | Unclassified | 4.42% |
| 10 | IWD | ISHARES TR | Unclassified | 3.93% |
71/93 names classified · sector 11.7% of weight · industry 11.7% · mkt cap 11.3%; 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: 11.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 11% of book weight classified — the grid is NOT representative of the whole book.
Classified: 11.1% of book weight (66/87 names) · unclassified 88.9%: SPY, ISTB, IGSB, TIP, ACWI, IWM, HEFA, GLD, TLT, IWD +11 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 | 33,223 | $8M | 12.8% | TRIM −22% |
| 2 | ISTBISHARES TR | 143,530 | $7M | 11.8% | ADD 211% |
| 3 | IGSBISHARES TR | 68,320 | $7M | 11.8% | ADD 78% |
| 4 | TIPISHARES TR | 44,573 | $5M | 8.4% | TRIM −12% |
| 5 | ACWIISHARES TR | 66,484 | $4M | 6.9% | TRIM −20% |
| 6 | IWMISHARES TR | 22,320 | $3M | 5.0% | ADD 32% |
| 7 | HEFAISHARES CURRENCY HEDGED MSCI EAFE ETF | 110,100 | $3M | 5.0% | NEW |
| 8 | GLDSPDR GOLD TR | 25,210 | $3M | 4.9% | TRIM −13% |
| 9 | TLTISHARES TR | 22,340 | $3M | 4.4% | TRIM −4% |
| 10 | IWDISHARES TR | 20,873 | $2M | 3.9% | TRIM −21% |
| 11 | VWOVANGUARD INTL EQUITY INDEX F | 59,730 | $2M | 3.9% | ADD 33% |
| 12 | HEZUISHARES TR | 64,140 | $2M | 3.0% | NEW |
| 13 | VGTVANGUARD WORLD FD | 13,340 | $2M | 3.0% | TRIM −21% |
| 14 | BNDXVANGUARD CHARLOTTE FDS | 33,250 | $2M | 2.9% | TRIM −10% |
| 15 | MSFTMICROSOFT CORP | 5,310 | $350,000 | 0.6% | TRIM −54% |
| 16 | TAT&T INC | 7,780 | $323,000 | 0.5% | TRIM −51% |
| 17 | MCDMCDONALDS CORP | 2,320 | $301,000 | 0.5% | TRIM −46% |
| 18 | OREALTY INCOME CORP | 5,015 | $299,000 | 0.5% | TRIM −42% |
| 19 | GEGENERAL ELECTRIC CO | 9,735 | $290,000 | 0.5% | TRIM −64% |
| 20 | IBMINTERNATIONAL BUSINESS MACHS | 1,615 | $281,000 | 0.5% | TRIM −63% |
| 21 | PGPROCTER AND GAMBLE CO | 2,925 | $263,000 | 0.4% | TRIM −63% |
| 22 | XOMEXXON MOBIL CORP | 3,185 | $261,000 | 0.4% | TRIM −61% |
| 23 | CVXCHEVRON CORP NEW | 2,375 | $255,000 | 0.4% | TRIM −47% |
| 24 | JNJJOHNSON & JOHNSON | 1,850 | $230,000 | 0.4% | TRIM −59% |
| 25 | KOCOCA COLA CO | 5,340 | $227,000 | 0.4% | TRIM −58% |
| 26 | ENBENBRIDGE INC | 5,259 | $220,000 | 0.4% | NEW |
| 27 | PMPHILIP MORRIS INTL INC | 1,810 | $204,000 | 0.3% | TRIM −59% |
| 28 | CLXCLOROX CO DEL | 1,395 | $188,000 | 0.3% | TRIM −54% |
| 29 | BAXBAXTER INTL INC | 3,569 | $185,000 | 0.3% | TRIM −52% |
| 30 | SOSOUTHERN CO | 3,680 | $183,000 | 0.3% | TRIM −57% |
| 31 | PEPPEPSICO INC | 1,560 | $175,000 | 0.3% | TRIM −47% |
| 32 | TGTTARGET CORP | 3,165 | $175,000 | 0.3% | TRIM −44% |
| 33 | VZVERIZON COMMUNICATIONS INC | 3,510 | $171,000 | 0.3% | TRIM −62% |
| 34 | WELLWELLTOWER INC | 2,265 | $160,000 | 0.3% | TRIM −22% |
| 35 | HCP INC | 4,345 | $136,000 | 0.2% | TRIM −33% |
| 36 | PFEPFIZER INC | 3,875 | $133,000 | 0.2% | TRIM −56% |
| 37 | AAPLAPPLE INC | 910 | $131,000 | 0.2% | TRIM −77% |
| 38 | CSCOCISCO SYS INC | 3,850 | $130,000 | 0.2% | TRIM −39% |
| 39 | KHCKRAFT HEINZ CO | 1,365 | $124,000 | 0.2% | TRIM −38% |
| 40 | NUENUCOR CORP | 2,066 | $123,000 | 0.2% | TRIM −53% |
| 41 | GISGENERAL MILLS INC | 1,840 | $109,000 | 0.2% | TRIM −72% |
| 42 | ABBVABBVIE INC | 1,565 | $102,000 | 0.2% | TRIM −48% |
| 43 | WPCW. P. Carey Inc. | 1,640 | $102,000 | 0.2% | TRIM −52% |
| 44 | WMWASTE MGMT INC DEL | 1,287 | $94,000 | 0.2% | HOLD |
| 45 | MMM3M CO | 460 | $88,000 | 0.1% | TRIM −65% |
| 46 | EMREMERSON ELEC CO | 1,460 | $87,000 | 0.1% | TRIM −72% |
| 47 | WMTWALMART INC | 1,200 | $86,000 | 0.1% | TRIM −48% |
| 48 | AFLAFLAC INC | 1,170 | $85,000 | 0.1% | TRIM −13% |
| 49 | LMTLOCKHEED MARTIN CORP | 315 | $84,000 | 0.1% | TRIM −74% |
| 50 | INTCINTEL CORP | 2,200 | $79,000 | 0.1% | TRIM −60% |
| 51 | UNITED TECHNOLOGIES CORP | 705 | $79,000 | 0.1% | TRIM −44% |
| 52 | BARD C R INC | 285 | $71,000 | 0.1% | TRIM −15% |
| 53 | CTASCINTAS CORP | 550 | $70,000 | 0.1% | TRIM −48% |
| 54 | SYYSYSCO CORP | 1,300 | $67,000 | 0.1% | TRIM −16% |
| 55 | GPCGENUINE PARTS CO | 650 | $60,000 | 0.1% | ADD 12% |
| 56 | WFCWELLS FARGO CO NEW | 1,000 | $56,000 | 0.1% | HOLD |
| 57 | VTRVENTAS INC | 730 | $47,000 | 0.1% | TRIM −62% |
| 58 | CINFCINCINNATI FINL CORP | 570 | $41,000 | 0.1% | ADD 36% |
| 59 | HONHONEYWELL INTL INC | 329 | $41,000 | 0.1% | TRIM −75% |
| 60 | MRKMERCK & CO INC | 650 | $41,000 | 0.1% | TRIM −39% |
| 61 | APDAIR PRODS & CHEMS INC | 295 | $40,000 | 0.1% | ADD 11% |
| 62 | BDXBECTON DICKINSON & CO | 200 | $37,000 | 0.1% | TRIM −9% |
| 63 | KMBKIMBERLY-CLARK CORP | 280 | $37,000 | 0.1% | TRIM −80% |
| 64 | AEPAMERICAN ELEC PWR CO INC | 520 | $35,000 | 0.1% | TRIM −86% |
| 65 | FFORD MTR CO | 3,000 | $35,000 | 0.1% | TRIM −3% |
| 66 | MOALTRIA GROUP INC | 400 | $29,000 | 0.0% | TRIM −88% |
| 67 | WALGREENS BOOTS ALLIANCE INC | 260 | $22,000 | 0.0% | TRIM −85% |
| 68 | AMERIGAS PARTNERS L P | 440 | $21,000 | 0.0% | TRIM −32% |
| 69 | UPSUNITED PARCEL SERVICE INC | 195 | $21,000 | 0.0% | TRIM −71% |
| 70 | TCEHYTENCENT HLDGS LTD ADR ISIN US88032Q1094 | 600 | $17,000 | 0.0% | HOLD |
| 71 | ABTABBOTT LABS | 350 | $16,000 | 0.0% | TRIM −92% |
| 72 | SPECTRA ENERGY PARTNERS LP | 335 | $15,000 | 0.0% | TRIM −64% |
| 73 | VFCV F CORP | 240 | $13,000 | 0.0% | ADD 25% |
| 74 | EDCONSOLIDATED EDISON INC | 160 | $12,000 | 0.0% | HOLD |
| 75 | JDJD.COM INC | 400 | $12,000 | 0.0% | HOLD |
| 76 | CBCHUBB LIMITED | 90 | $12,000 | 0.0% | TRIM −79% |
| 77 | CLCOLGATE PALMOLIVE CO | 150 | $11,000 | 0.0% | TRIM −82% |
| 78 | ITWILLINOIS TOOL WKS INC | 80 | $11,000 | 0.0% | HOLD |
| 79 | BABAALIBABA GROUP HLDG LTD | 90 | $10,000 | 0.0% | HOLD |
| 80 | DTEDTE ENERGY CO | 100 | $10,000 | 0.0% | TRIM −33% |
| 81 | BENFRANKLIN RESOURCES INC | 220 | $9,000 | 0.0% | ADD 120% |
| 82 | LLYELI LILLY & CO | 100 | $8,000 | 0.0% | TRIM −61% |
| 83 | LNCLINCOLN NATL CORP IND | 125 | $8,000 | 0.0% | HOLD |
| 84 | BIDUBAIDU INC | 40 | $7,000 | 0.0% | TRIM −68% |
| 85 | BUCKEYE PARTNERS L P | 100 | $7,000 | 0.0% | HOLD |
| 86 | ESSEssex Property Trust | 30 | $7,000 | 0.0% | HOLD |
| 87 | TRMKTRUSTMARK CORP | 220 | $7,000 | 0.0% | HOLD |
| 88 | NKENIKE INC | 100 | $6,000 | 0.0% | HOLD |
| 89 | BMYBRISTOL-MYERS SQUIBB CO | 100 | $5,000 | 0.0% | TRIM −97% |
| 90 | PSXPHILLIPS 66 | 50 | $4,000 | 0.0% | TRIM −83% |
| 91 | AEEAMEREN CORP | 50 | $3,000 | 0.0% | TRIM −97% |
| 92 | ADPAUTOMATIC DATA PROCESSING IN | 25 | $3,000 | 0.0% | TRIM −86% |
| 93 | OKEONEOK INC NEW | 60 | $3,000 | 0.0% | HOLD |
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