CIK 1655543
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 | 78.60% | 41 |
| Technology Hardware & Equipment | 6.06% | 3 |
| Metals & Mining | 2.85% | 3 |
| Machinery | 2.36% | 1 |
| Aerospace & Defense | 2.02% | 1 |
| Semiconductors & Semiconductor Equipment | 1.95% | 1 |
| Banks | 1.47% | 2 |
| Diversified Telecommunication Services | 0.91% | 1 |
| Software | 0.88% | 1 |
| Chemicals | 0.84% | 1 |
| Capital Markets | 0.68% | 1 |
| Construction & Engineering | 0.68% | 1 |
| Utilities | 0.29% | 1 |
| Pharmaceuticals & Biotechnology | 0.23% | 1 |
| Software & IT Services | 0.20% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 24.74% |
| 2 | QQQ | INVESCO QQQ TR | Unclassified | 15.33% |
| 3 | USO | UNITED STS OIL FD LP | Unclassified | 3.99% |
| 4 | KLAC | KLA CORP | Information Technology | 3.68% |
| 5 | SMH | VANECK ETF TRUST | Unclassified | 3.02% |
| 6 | TLT | ISHARES TR | Unclassified | 2.90% |
| 7 | GLD | SPDR GOLD TR | Unclassified | 2.78% |
| 8 | XLC | SELECT SECTOR SPDR TR | Unclassified | 2.73% |
| 9 | LRCX | LAM RESEARCH CORP | Industrials | 2.36% |
| 10 | IGLD | FIRST TR EXCHANGE-TRADED FD | Unclassified | 2.13% |
19/60 names classified · sector 21.4% of weight · industry 21.4% · mkt cap 21.4%; 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: 21.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 21% of book weight classified — the grid is NOT representative of the whole book.
Classified: 20.6% of book weight (18/60 names) · unclassified 79.4%: SPY, QQQ, USO, SMH, TLT, GLD, XLC, IGLD, VTV, IAK +32 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 | 147,679 | $96M | 24.7% | ADD 108% |
| 2 | QQQINVESCO QQQ TR | 103,144 | $60M | 15.3% | ADD 259% |
| 3 | USOUNITED STS OIL FD LP | 121,831 | $16M | 4.0% | NEW |
| 4 | KLACKLA CORP | 9,704 | $14M | 3.7% | NEW |
| 5 | SMHVANECK ETF TRUST | 30,595 | $12M | 3.0% | TRIM −17% |
| 6 | TLTISHARES TR | 129,941 | $11M | 2.9% | ADD 21% |
| 7 | GLDSPDR GOLD TR | 25,125 | $11M | 2.8% | ADD 15% |
| 8 | XLCSELECT SECTOR SPDR TR | 95,558 | $11M | 2.7% | TRIM −24% |
| 9 | LRCXLAM RESEARCH CORP | 42,878 | $9M | 2.4% | TRIM −6% |
| 10 | IGLDFIRST TR EXCHANGE-TRADED FD | 323,655 | $8M | 2.1% | ADD 38% |
| 11 | HWMHOWMET AEROSPACE INC | 34,998 | $8M | 2.1% | ADD 26% |
| 12 | VTVVANGUARD INDEX FDS | 40,239 | $8M | 2.0% | NEW |
| 13 | RTXRTX CORPORATION | 40,650 | $8M | 2.0% | NEW |
| 14 | NVDANVIDIA CORPORATION | 43,411 | $8M | 2.0% | TRIM −32% |
| 15 | WDCWESTERN DIGITAL CORP | 22,610 | $6M | 1.6% | TRIM −72% |
| 16 | IAKISHARES TR | 45,960 | $6M | 1.5% | NEW |
| 17 | XLBSELECT SECTOR SPDR TR | 115,632 | $6M | 1.5% | NEW |
| 18 | VGKVANGUARD INTL EQUITY INDEX F | 65,057 | $5M | 1.4% | TRIM −8% |
| 19 | SLVISHARES SILVER TR | 78,272 | $5M | 1.4% | ADD 561% |
| 20 | PJPINVESCO EXCHANGE TRADED FD T | 45,960 | $5M | 1.2% | NEW |
| 21 | EWOISHARES INC | 125,000 | $4M | 1.1% | ADD 150% |
| 22 | SVOLSIMPLIFY EXCHANGE TRADED FUN | 260,455 | $4M | 1.0% | NEW |
| 23 | EPUISHARES TR | 46,080 | $4M | 1.0% | NEW |
| 24 | XLUSELECT SECTOR SPDR TR | 79,646 | $4M | 0.9% | NEW |
| 25 | TAT&T INC | 121,470 | $4M | 0.9% | TRIM −8% |
| 26 | XARSPDR SERIES TRUST | 13,804 | $4M | 0.9% | HOLD |
| 27 | SOXXISHARES TR | 10,637 | $3M | 0.9% | NEW |
| 28 | PLTRPALANTIR TECHNOLOGIES INC | 23,310 | $3M | 0.9% | TRIM −7% |
| 29 | MSTRSTRATEGY INC | 26,167 | $3M | 0.8% | ADD 21% |
| 30 | ALBALBEMARLE CORP | 18,160 | $3M | 0.8% | NEW |
| 31 | AAPLAPPLE INC | 12,245 | $3M | 0.8% | ADD 260% |
| 32 | CBOECBOE GLOBAL MKTS INC | 9,444 | $3M | 0.7% | TRIM −8% |
| 33 | USOIUBS AG | 46,000 | $3M | 0.7% | ADD 9% |
| 34 | IESCIES HLDGS INC | 5,560 | $3M | 0.7% | TRIM −7% |
| 35 | GDXVANECK ETF TRUST GOLD MINERS ETF | 28,312 | $3M | 0.7% | TRIM −39% |
| 36 | JPMJPMORGAN CHASE & CO | 8,249 | $2M | 0.6% | TRIM −77% |
| 37 | XLPSELECT SECTOR SPDR TR | 27,366 | $2M | 0.6% | NEW |
| 38 | ARGTGLOBAL X FDS | 22,761 | $2M | 0.5% | TRIM −8% |
| 39 | ECHISHARES INC MSCI CHILE ETF | 45,960 | $2M | 0.5% | NEW |
| 40 | EPOLISHARES TR | 50,044 | $2M | 0.5% | TRIM −8% |
| 41 | SPMDSPDR SERIES TRUST | 29,539 | $2M | 0.5% | TRIM −7% |
| 42 | NEMNEWMONT CORP | 14,915 | $2M | 0.4% | TRIM −77% |
| 43 | FCXFREEPORT MCMORAN INC | 23,440 | $1M | 0.4% | NEW |
| 44 | IGFISHARES TR | 19,796 | $1M | 0.3% | NEW |
| 45 | EWYISHARES INC MSCI STH KOR ETF | 10,741 | $1M | 0.3% | NEW |
| 46 | AROCARCHROCK INC | 31,932 | $1M | 0.3% | TRIM −8% |
| 47 | LLYELI LILLY & CO | 966 | $888,498 | 0.2% | HOLD |
| 48 | IWMISHARES TR | 3,385 | $839,480 | 0.2% | TRIM −66% |
| 49 | METAMETA PLATFORMS INC | 1,342 | $767,798 | 0.2% | TRIM −6% |
| 50 | XLVSELECT SECTOR SPDR TR | 4,673 | $685,109 | 0.2% | NEW |
| 51 | COLOGLOBAL X FDS | 15,962 | $631,457 | 0.2% | TRIM −8% |
| 52 | IBITISHARES BITCOIN TRUST ETF | 16,190 | $622,020 | 0.2% | TRIM −78% |
| 53 | GOOYTIDAL TRUST II | 46,166 | $586,308 | 0.2% | ADD 22% |
| 54 | APLYTIDAL TRUST II | 41,123 | $483,606 | 0.1% | ADD 22% |
| 55 | NVDYTIDAL TRUST II | 32,819 | $425,991 | 0.1% | ADD 22% |
| 56 | AMZYTIDAL TRUST II | 35,107 | $386,879 | 0.1% | ADD 22% |
| 57 | MSFOTIDAL TRUST II | 31,657 | $365,638 | 0.1% | ADD 22% |
| 58 | FBYTIDAL TRUST II | 33,265 | $335,644 | 0.1% | ADD 22% |
| 59 | XLFSELECT SECTOR SPDR TR | 5,465 | $269,807 | 0.1% | TRIM −96% |
| 60 | XMESPDR SERIES TRUST | 2,334 | $252,095 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 24K | 21K | 18K | 37K | 71K | 148K | $96M |
| QQQINVESCO QQQ TR | 143K | 58K | 32K | 19K | 29K | 103K | $60M |
| USOUNITED STS OIL FD LP | 12K | — | — | — | — | 122K | $16M |
| KLACKLA CORP | — | — | — | — | — | 10K | $14M |
| SMHVANECK ETF TRUST | 22K | 59K | 51K | 48K | 37K | 31K | $12M |
| TLTISHARES TR | 49K | 50K | 18K | 83K | 108K | 130K | $11M |
| GLDSPDR GOLD TR | 2K | 2K | 2K | 2K | 22K | 25K | $11M |
| XLCSELECT SECTOR SPDR TR | 263K | 126K | 34K | 163K | 125K | 96K | $11M |
| LRCXLAM RESEARCH CORP | — | — | — | — | 45K | 43K | $9M |
| IGLDFIRST TR EXCHANGE-TRADED FD | — | — | — | 235K | 235K | 324K | $8M |
| HWMHOWMET AEROSPACE INC | 68K | 135K | 276K | 27K | 28K | 35K | $8M |
| VTVVANGUARD INDEX FDS | — | — | — | — | — | 40K | $8M |
| RTXRTX CORPORATION | — | — | — | — | — | 41K | $8M |
| NVDANVIDIA CORPORATION | 4K | 18K | — | — | 64K | 43K | $8M |
| WDCWESTERN DIGITAL CORP | — | — | — | — | 82K | 23K | $6M |
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.
