CIK 1693672
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 |
|---|---|---|
| Oil, Gas & Consumable Fuels | 58.00% | 2 |
| Unclassified | 34.79% | 12 |
| Electrical Equipment & Components | 7.11% | 1 |
| Software | 0.10% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | EQT | EQT Corp | Energy | 56.73% |
| 2 | SEGXX | UBS Select Govt Instl Fd | Unclassified | 32.70% |
| 3 | NPWR | NET Power Inc. | Information Technology | 7.11% |
| 4 | CRK | COMSTOCK RESOURCES INC | Energy | 1.28% |
| 5 | NPWR.WS | NET POWER INC | Unclassified | 0.67% |
| 6 | GRID | FIRST TR EXCHANGE TRADED FD | Unclassified | 0.19% |
| 7 | FDEC | FIRST TR EXCHNG TRADED FD VI | Unclassified | 0.18% |
| 8 | KNG | FIRST TR EXCHANGE-TRADED FD | Unclassified | 0.16% |
| 9 | ZALT | INNOVATOR ETFS TRUST | Unclassified | 0.15% |
| 10 | QQQM | INVESCO EXCH TRADED FD TR II | Unclassified | 0.15% |
4/16 names classified · sector 65.2% of weight · industry 65.2% · mkt cap 65.2%; 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: 65.2% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 58.1% of book weight (3/16 names) · unclassified 41.9%: SEGXX, NPWR, NPWR.WS, GRID, FDEC, KNG, ZALT, QQQM, FSEP, BAUG +3 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 | EQTEQT CORP | 1,910,515 | $122M | 56.7% | HOLD |
| 2 | SEGXXUBS Select Govt Instl Fd | 70,082,808 | $70M | 32.7% | ADD 10% |
| 3 | NPWRNET POWER INC | 9,767,500 | $15M | 7.1% | HOLD |
| 4 | CRKCOMSTOCK RES INC | 130,000 | $3M | 1.3% | HOLD |
| 5 | NPWR.WSNET POWER INC | 5,342,547 | $1M | 0.7% | HOLD |
| 6 | GRIDFIRST TR EXCHANGE TRADED FD | 2,490 | $407,314 | 0.2% | HOLD |
| 7 | FDECFIRST TR EXCHNG TRADED FD VI | 7,650 | $380,358 | 0.2% | HOLD |
| 8 | KNGFIRST TR EXCHANGE-TRADED FD | 7,000 | $340,970 | 0.2% | HOLD |
| 9 | ZALTINNOVATOR ETFS TRUST | 9,930 | $322,328 | 0.2% | HOLD |
| 10 | QQQMINVESCO EXCH TRADED FD TR II | 1,350 | $320,787 | 0.1% | HOLD |
| 11 | FSEPFT Vest U.S. Equity Buffer ETF September | 6,000 | $301,980 | 0.1% | HOLD |
| 12 | BAUGINNOVATOR ETFS TRUST | 5,976 | $291,914 | 0.1% | HOLD |
| 13 | FOCTFIRST TR EXCHNG TRADED FD VI | 5,229 | $249,319 | 0.1% | HOLD |
| 14 | MSFTMICROSOFT CORP | 575 | $212,848 | 0.1% | HOLD |
| 15 | SLYGSPDR SERIES TRUST | 2,180 | $210,632 | 0.1% | HOLD |
| 16 | BSEPINNOVATOR U.S. EQUITY BUFFER ETF - SEPTEMBER | 4,380 | $210,606 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| EQTEQT CORP | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | 1.9M | $122M |
| SEGXXUBS Select Govt Instl Fd | — | — | — | — | 63.9M | 70.1M | $70M |
| NPWRNET POWER INC | 9.9M | 9.9M | 9.9M | 9.9M | 9.8M | 9.8M | $15M |
| CRKCOMSTOCK RES INC | 205K | 130K | 130K | 130K | 130K | 130K | $3M |
| NPWR/WSNET POWER INC | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M | 5.3M | $1M |
| GRIDFIRST TR EXCHANGE TRADED FD | 2K | 2K | 2K | 2K | 2K | 2K | $407,314 |
| FDECFIRST TR EXCHNG TRADED FD VI | 8K | 8K | 8K | 8K | 8K | 8K | $380,358 |
| KNGFIRST TR EXCHANGE-TRADED FD | — | — | — | 7K | 7K | 7K | $340,970 |
| ZALTINNOVATOR ETFS TRUST | — | 10K | 10K | 10K | 10K | 10K | $322,328 |
| QQQMINVESCO EXCH TRADED FD TR II | — | — | — | 2K | 1K | 1K | $320,787 |
| FSEPFT Vest U.S. Equity Buffer ETF September | 6K | 6K | 6K | 6K | 6K | 6K | $301,980 |
| BAUGINNOVATOR ETFS TRUST | 8K | 8K | 8K | 8K | 6K | 6K | $291,914 |
| FOCTFIRST TR EXCHNG TRADED FD VI | 6K | 6K | 6K | 6K | 5K | 5K | $249,319 |
| MSFTMICROSOFT CORP | 575 | 575 | 575 | 575 | 575 | 575 | $212,848 |
| SLYGSPDR SERIES TRUST | — | — | — | 2K | 2K | 2K | $210,632 |
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.
