CIK 1599404
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 | 98.81% | 10 |
| Oil, Gas & Consumable Fuels | 1.19% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 22.92% |
| 2 | VGK | VANGUARD INTL EQUITY INDEX F | Unclassified | 19.34% |
| 3 | QLTY | GMO ETF TRUST | Unclassified | 15.76% |
| 4 | VTV | VANGUARD INDEX FDS | Unclassified | 14.21% |
| 5 | IEMG | ISHARES INC | Unclassified | 13.93% |
| 6 | IJR | ISHARES TR | Unclassified | 6.72% |
| 7 | IBIT | ISHARES BITCOIN TRUST ETF | Unclassified | 3.08% |
| 8 | ETH | GRAYSCALE ETHEREUM STAKING | Unclassified | 1.41% |
| 9 | BSOL | BITWISE SOLANA STAKING ETF | Unclassified | 1.34% |
| 10 | XOM | EXXON MOBIL CORP | Energy | 1.19% |
1/11 names classified · sector 1.2% of weight · industry 1.2% · mkt cap 1.2%; 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: 1.2% 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: 1.2% of book weight (1/11 names) · unclassified 98.8%: SPY, VGK, QLTY, VTV, IEMG, IJR, IBIT, ETH, BSOL, XLK. 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 | 88,666 | $58M | 22.9% | TRIM −73% |
| 2 | VGKVANGUARD INTL EQUITY INDEX F | 590,190 | $49M | 19.3% | NEW |
| 3 | QLTYGMO ETF TRUST | 1,096,022 | $40M | 15.8% | HOLD |
| 4 | VTVVANGUARD INDEX FDS | 182,250 | $36M | 14.2% | HOLD |
| 5 | IEMGISHARES INC | 502,452 | $35M | 13.9% | TRIM −33% |
| 6 | IJRISHARES TR | 136,011 | $17M | 6.7% | TRIM −22% |
| 7 | IBITISHARES BITCOIN TRUST ETF | 201,531 | $8M | 3.1% | HOLD |
| 8 | ETHGRAYSCALE ETHEREUM STAKING | 178,148 | $4M | 1.4% | HOLD |
| 9 | BSOLBITWISE SOLANA STAKING ETF | 304,803 | $3M | 1.3% | NEW |
| 10 | XOMEXXON MOBIL CORP | 17,600 | $3M | 1.2% | HOLD |
| 11 | XLKSELECT SECTOR SPDR TR | 2,070 | $275,103 | 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 | 419K | 419K | 373K | 334K | 334K | 89K | $58M |
| VGKVANGUARD INTL EQUITY INDEX F | — | — | — | — | — | 590K | $49M |
| QLTYGMO ETF TRUST | — | — | — | 1.1M | 1.1M | 1.1M | $40M |
| VTVVANGUARD INDEX FDS | 243K | 243K | 182K | 182K | 182K | 182K | $36M |
| IEMGISHARES INC | — | — | 418K | 418K | 744K | 502K | $35M |
| IJRISHARES TR | — | 250K | 175K | 175K | 175K | 136K | $17M |
| IBITISHARES BITCOIN TRUST ETF | — | — | — | — | 202K | 202K | $8M |
| ETHGRAYSCALE ETHEREUM STAKING | — | — | — | — | 178K | 178K | $4M |
| BSOLBITWISE SOLANA STAKING ETF | — | — | — | — | — | 305K | $3M |
| XOMEXXON MOBIL CORP | 18K | 18K | 18K | 18K | 18K | 18K | $3M |
| XLKSELECT SECTOR SPDR TR | 955 | — | 1K | 1K | 2K | 2K | $275,103 |
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.
