CIK 1608034
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 | 91.42% | 85 |
| Capital Markets | 4.50% | 1 |
| Coal & Consumable Fuels | 1.87% | 1 |
| Marine | 0.77% | 1 |
| Banks | 0.34% | 2 |
| Software & IT Services | 0.29% | 3 |
| Technology Hardware & Equipment | 0.28% | 1 |
| Automobiles & Components | 0.24% | 1 |
| Oil, Gas & Consumable Fuels | 0.18% | 1 |
| Pharmaceuticals & Biotechnology | 0.10% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | USFR | WISDOMTREE TR | Unclassified | 16.46% |
| 2 | PALC | PACER FDS TR | Unclassified | 5.32% |
| 3 | TPL | Texas Pacific Land Corp | Financials | 4.50% |
| 4 | PAMC | PACER FDS TR | Unclassified | 4.11% |
| 5 | FCTR | FIRST TR EXCHANGE-TRADED FD | Unclassified | 3.96% |
| 6 | ALTL | PACER FDS TR | Unclassified | 3.58% |
| 7 | DUSA | DAVIS FUNDAMENTAL ETF TR | Unclassified | 3.05% |
| 8 | BIL | SPDR SERIES TRUST | Unclassified | 2.80% |
| 9 | LMBS | FIRST TR EXCHANGE-TRADED FD | Unclassified | 2.67% |
| 10 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 2.51% |
12/97 names classified · sector 8.6% of weight · industry 8.6% · mkt cap 8.4%; 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: 8.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 8% of book weight classified — the grid is NOT representative of the whole book.
Classified: 8.3% of book weight (9/97 names) · unclassified 91.7%: USFR, PALC, PAMC, FCTR, ALTL, DUSA, BIL, LMBS, RSP, IXUS +78 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 | USFRWISDOMTREE TR | 851,899 | $43M | 16.5% | TRIM −5% |
| 2 | PALCPACER FDS TR | 267,562 | $14M | 5.3% | HOLD |
| 3 | TPLTEXAS PACIFIC LAND CORPORATI | 24,675 | $12M | 4.5% | HOLD |
| 4 | PAMCPACER FDS TR | 223,607 | $11M | 4.1% | HOLD |
| 5 | FCTRFIRST TR EXCHANGE-TRADED FD | 289,189 | $10M | 4.0% | HOLD |
| 6 | ALTLPACER FDS TR | 212,734 | $9M | 3.6% | HOLD |
| 7 | DUSADAVIS FUNDAMENTAL ETF TR | 156,626 | $8M | 3.1% | HOLD |
| 8 | BILSPDR SERIES TRUST | 79,486 | $7M | 2.8% | TRIM −22% |
| 9 | LMBSFIRST TR EXCHANGE-TRADED FD | 139,471 | $7M | 2.7% | ADD 9% |
| 10 | RSPINVESCO EXCHANGE TRADED FD T | 34,095 | $7M | 2.5% | HOLD |
| 11 | IXUSISHARES TR | 71,768 | $6M | 2.4% | TRIM −3% |
| 12 | SPABSPDR SERIES TRUST | 237,080 | $6M | 2.3% | ADD 8% |
| 13 | VTIVANGUARD INDEX FDS | 18,205 | $6M | 2.2% | ADD 5% |
| 14 | TFLOISHARES TR | 102,020 | $5M | 2.0% | TRIM −44% |
| 15 | BONDPIMCO ETF TR | 55,466 | $5M | 2.0% | ADD 9% |
| 16 | COWZPACER FDS TR | 79,802 | $5M | 1.9% | HOLD |
| 17 | TOTLSSGA ACTIVE ETF TR | 124,334 | $5M | 1.9% | ADD 15% |
| 18 | METCRAMACO RES INC | 315,836 | $5M | 1.9% | TRIM −43% |
| 19 | FLXRTCW ETF TRUST | 120,342 | $5M | 1.8% | ADD 7% |
| 20 | SPYMSPDR SERIES TRUST | 59,013 | $5M | 1.7% | HOLD |
| 21 | FNDFSCHWAB STRATEGIC TR | 85,161 | $4M | 1.6% | TRIM −6% |
| 22 | BINCBLACKROCK ETF TRUST II | 78,193 | $4M | 1.6% | ADD 20% |
| 23 | DINTDAVIS FUNDAMENTAL ETF TR | 136,434 | $4M | 1.4% | HOLD |
| 24 | IGEBISHARES TR | 77,873 | $4M | 1.3% | ADD 17% |
| 25 | MOATVANECK ETF TRUST | 35,697 | $3M | 1.3% | HOLD |
| 26 | FRDMEA SERIES TRUST | 52,740 | $3M | 1.1% | TRIM −11% |
| 27 | SPDWSPDR INDEX SHS FDS | 62,490 | $3M | 1.1% | TRIM −3% |
| 28 | EQALINVESCO EXCH TRADED FD TR II | 46,323 | $3M | 1.0% | HOLD |
| 29 | FVFIRST TR EXCHANGE TRADED FD | 40,425 | $2M | 0.9% | HOLD |
| 30 | BUFGFIRST TR EXCHNG TRADED FD VI | 87,976 | $2M | 0.9% | HOLD |
| 31 | SECTNORTHERN LTS FD TR IV | 37,418 | $2M | 0.9% | HOLD |
| 32 | RCLROYAL CARIBBEAN GROUP | 7,310 | $2M | 0.8% | HOLD |
| 33 | IWBISHARES TR | 5,193 | $2M | 0.7% | HOLD |
| 34 | BUFTFIRST TR EXCHNG TRADED FD VI | 73,276 | $2M | 0.7% | TRIM −32% |
| 35 | KOMPSPDR SERIES TRUST | 30,383 | $2M | 0.7% | TRIM −21% |
| 36 | IDLVINVESCO EXCH TRADED FD TR II | 50,059 | $2M | 0.7% | NEW |
| 37 | DWLDDAVIS FUNDAMENTAL ETF TR | 37,437 | $2M | 0.6% | HOLD |
| 38 | ALLWSSGA ACTIVE TR | 56,502 | $2M | 0.6% | ADD 454% |
| 39 | IWMISHARES TR | 6,152 | $2M | 0.6% | HOLD |
| 40 | VBILVANGUARD INSTL INDEX FD | 20,020 | $2M | 0.6% | HOLD |
| 41 | JPIBJ P MORGAN EXCHANGE TRADED F | 31,004 | $1M | 0.6% | NEW |
| 42 | SPSMSPDR SERIES TRUST | 29,960 | $1M | 0.6% | TRIM −22% |
| 43 | ACIOETF SER SOLUTIONS | 34,258 | $1M | 0.6% | ADD 510% |
| 44 | XLISELECT SECTOR SPDR TR | 7,696 | $1M | 0.5% | ADD 5% |
| 45 | RSSTTIDAL TRUST II | 43,135 | $1M | 0.5% | NEW |
| 46 | SPLVINVESCO EXCH TRADED FD TR II | 16,440 | $1M | 0.5% | TRIM −50% |
| 47 | GSIEGoldman Sachs ActiveBeta Int'l Eq ETF | 25,198 | $1M | 0.4% | HOLD |
| 48 | GNRSPDR INDEX SHS FDS | 11,329 | $845,936 | 0.3% | NEW |
| 49 | SHLDGLOBAL X FDS | 11,915 | $844,059 | 0.3% | HOLD |
| 50 | GUNRFLEXSHARES TR | 15,170 | $836,777 | 0.3% | TRIM −3% |
| 51 | GDEWISDOMTREE TR | 13,027 | $819,398 | 0.3% | NEW |
| 52 | EELVINVESCO EXCH TRADED FD TR II | 28,640 | $804,211 | 0.3% | ADD 85% |
| 53 | JPSTJ P MORGAN EXCHANGE TRADED F | 15,404 | $779,596 | 0.3% | HOLD |
| 54 | IXNISHARES TR | 7,471 | $746,876 | 0.3% | HOLD |
| 55 | ZIONZIONS BANCORPORATION N A | 12,607 | $726,415 | 0.3% | HOLD |
| 56 | AAPLAPPLE INC | 2,859 | $725,586 | 0.3% | HOLD |
| 57 | SPHQINVESCO EXCHANGE TRADED FD T | 9,508 | $714,907 | 0.3% | HOLD |
| 58 | XLCSELECT SECTOR SPDR TR | 6,068 | $672,698 | 0.3% | ADD 7% |
| 59 | FTGCFIRST TR EXCHANGE TRAD FD VI | 23,073 | $662,426 | 0.3% | HOLD |
| 60 | IWDISHARES TR | 2,994 | $639,728 | 0.2% | HOLD |
| 61 | VGTVANGUARD WORLD FD | 915 | $638,414 | 0.2% | HOLD |
| 62 | TSLATESLA INC | 1,713 | $636,808 | 0.2% | TRIM −5% |
| 63 | BWZSPDR SERIES TRUST | 22,805 | $613,911 | 0.2% | HOLD |
| 64 | GDXVANECK ETF TRUST GOLD MINERS ETF | 6,430 | $590,081 | 0.2% | HOLD |
| 65 | VLUEISHARES TR | 3,396 | $482,877 | 0.2% | HOLD |
| 66 | SHELSHELL PLC | 5,099 | $474,190 | 0.2% | HOLD |
| 67 | RWOSPDR INDEX SHS FDS | 10,209 | $467,266 | 0.2% | NEW |
| 68 | TRAKREPOSITRAK INC | 58,292 | $443,019 | 0.2% | HOLD |
| 69 | FTSMFIRST TR EXCHANGE-TRADED FD | 6,803 | $406,683 | 0.2% | HOLD |
| 70 | FLRNSPDR SERIES TRUST | 12,260 | $377,363 | 0.1% | HOLD |
| 71 | IEFISHARES TR | 3,883 | $370,594 | 0.1% | HOLD |
| 72 | MTUMISHARES TR | 1,500 | $359,985 | 0.1% | HOLD |
| 73 | IMFLINVESCO EXCH TRD SLF IDX FD | 11,066 | $350,128 | 0.1% | HOLD |
| 74 | PHDGINVESCO ACTIVELY MANAGED EXC | 8,923 | $337,167 | 0.1% | TRIM −82% |
| 75 | AVDEAMERICAN CENTY ETF TR | 3,910 | $331,724 | 0.1% | HOLD |
| 76 | VOOVANGUARD INDEX FDS | 521 | $311,324 | 0.1% | TRIM −12% |
| 77 | NORWGLOBAL X FDS | 7,665 | $292,880 | 0.1% | TRIM −5% |
| 78 | METAMETA PLATFORMS INC | 500 | $286,065 | 0.1% | HOLD |
| 79 | EFNLISHARES TR | 5,693 | $278,843 | 0.1% | HOLD |
| 80 | DRSKETF SER SOLUTIONS | 9,465 | $258,678 | 0.1% | HOLD |
| 81 | CLNNCLENE INC | 52,260 | $257,642 | 0.1% | HOLD |
| 82 | EWCISHARES INC | 4,700 | $257,513 | 0.1% | HOLD |
| 83 | EWLISHARES INC | 4,189 | $246,355 | 0.1% | HOLD |
| 84 | EWUISHARES TR | 5,331 | $242,880 | 0.1% | HOLD |
| 85 | EWDISHARES INC | 4,933 | $240,336 | 0.1% | HOLD |
| 86 | TRNDPACER FDS TR | 7,188 | $237,507 | 0.1% | HOLD |
| 87 | EWAISHARES INC | 7,995 | $221,941 | 0.1% | ADD 2% |
| 88 | EWNISHARES INC | 3,834 | $220,493 | 0.1% | HOLD |
| 89 | BUFYFIRST TR EXCHNG TRADED FD VI | 9,818 | $219,727 | 0.1% | ADD 2% |
| 90 | SRVRPACER FDS TR | 6,935 | $216,511 | 0.1% | NEW |
| 91 | VEAVANGUARD TAX-MANAGED FDS | 3,281 | $210,246 | 0.1% | HOLD |
| 92 | HELOJPMorgan Hedged Equity Laddered Overly ETF | 3,279 | $209,561 | 0.1% | HOLD |
| 93 | COPXGLOBAL X FDS | 2,655 | $202,709 | 0.1% | NEW |
| 94 | PDBCINVESCO ACTVELY MNGD ETC FD | 11,517 | $199,474 | 0.1% | HOLD |
| 95 | SNFCASECURITY NATL FINL CORP | 17,972 | $170,375 | 0.1% | HOLD |
| 96 | METCBRAMACO RES INC | 12,758 | $130,132 | 0.0% | HOLD |
| 97 | HCATHEALTH CATALYST INC | 17,337 | $22,018 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| USFRWISDOMTREE TR | 970K | 1.2M | 1.1M | 894K | 893K | 852K | $43M |
| PALCPACER FDS TR | 249K | 260K | 263K | 263K | 266K | 268K | $14M |
| TPLTEXAS PACIFIC LAND CORPORATI | 9K | 9K | 9K | 9K | 25K | 25K | $12M |
| PAMCPACER FDS TR | 206K | 220K | 223K | 225K | 227K | 224K | $11M |
| FCTRFIRST TR EXCHANGE-TRADED FD | 315K | 320K | 322K | 305K | 289K | 289K | $10M |
| ALTLPACER FDS TR | 213K | 226K | 229K | 223K | 213K | 213K | $9M |
| DUSADAVIS FUNDAMENTAL ETF TR | 158K | 166K | 160K | 159K | 158K | 157K | $8M |
| BILSPDR SERIES TRUST | 40K | 29K | 134K | 111K | 102K | 79K | $7M |
| LMBSFIRST TR EXCHANGE-TRADED FD | 130K | 134K | 135K | 132K | 128K | 139K | $7M |
| RSPINVESCO EXCHANGE TRADED FD T | 27K | 29K | 23K | 27K | 33K | 34K | $7M |
| IXUSISHARES TR | 66K | 70K | 72K | 72K | 74K | 72K | $6M |
| SPABSPDR SERIES TRUST | 228K | 233K | 233K | 226K | 221K | 237K | $6M |
| VTIVANGUARD INDEX FDS | 982 | 982 | 5K | 8K | 17K | 18K | $6M |
| TFLOISHARES TR | 276K | 265K | 207K | 180K | 183K | 102K | $5M |
| BONDPIMCO ETF TR | 42K | 45K | 55K | 53K | 51K | 55K | $5M |
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.
