CIK 1790723
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 | 95.22% | 14 |
| Utilities | 1.52% | 1 |
| Chemicals | 1.28% | 1 |
| Banks | 1.18% | 1 |
| Automobiles & Components | 0.80% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | BIL | SPDR SERIES TRUST | Unclassified | 33.48% |
| 2 | XLU | SELECT SECTOR SPDR TR | Unclassified | 7.71% |
| 3 | DBA | INVESCO DB MULTI-SECTOR COMM | Unclassified | 7.57% |
| 4 | IEF | ISHARES TR | Unclassified | 7.42% |
| 5 | PSQ | PROSHARES TR | Unclassified | 7.18% |
| 6 | EFA | ISHARES TR | Unclassified | 5.80% |
| 7 | IWM | ISHARES TR | Unclassified | 4.62% |
| 8 | SEF | PROSHARES TR | Unclassified | 4.44% |
| 9 | URA | GLOBAL X FDS | Unclassified | 3.83% |
| 10 | XLE | SELECT SECTOR SPDR TR | Unclassified | 3.81% |
4/18 names classified · sector 4.8% of weight · industry 4.8% · mkt cap 4.8%; 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: 4.8% of the book is sector-classified (unclassified names shown, never dropped).
Only 4% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.6% of book weight (3/18 names) · unclassified 96.4%: BIL, XLU, DBA, IEF, PSQ, EFA, IWM, SEF, URA, XLE +5 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 | BILSPDR SERIES TRUST | 102,409 | $9M | 33.5% | ADD 64% |
| 2 | XLUSELECT SECTOR SPDR TR | 47,097 | $2M | 7.7% | TRIM −9% |
| 3 | DBAINVESCO DB MULTI-SECTOR COMM | 77,644 | $2M | 7.6% | ADD 3% |
| 4 | IEFISHARES TR | 21,778 | $2M | 7.4% | ADD 4% |
| 5 | PSQPROSHARES TR | 62,561 | $2M | 7.2% | ADD 33% |
| 6 | EFAISHARES TR | 16,745 | $2M | 5.8% | TRIM −2% |
| 7 | IWMISHARES TR | 5,217 | $1M | 4.6% | ADD 5% |
| 8 | SEFPROSHARES TR | 36,524 | $1M | 4.4% | NEW |
| 9 | URAGLOBAL X FDS | 22,194 | $1M | 3.8% | ADD 3% |
| 10 | XLESELECT SECTOR SPDR TR | 17,447 | $1M | 3.8% | NEW |
| 11 | XLPSELECT SECTOR SPDR TR | 11,541 | $946,131 | 3.4% | NEW |
| 12 | FXIISHARES TR | 22,385 | $803,622 | 2.9% | TRIM −22% |
| 13 | SHPROSHARES TR | 13,635 | $517,176 | 1.8% | NEW |
| 14 | ESEVERSOURCE ENERGY | 6,150 | $426,072 | 1.5% | HOLD |
| 15 | PGPROCTER AND GAMBLE CO | 2,483 | $358,662 | 1.3% | TRIM −20% |
| 16 | AIRRFirst Trust RBA Amern Indl Renaissance ETF | 3,213 | $355,936 | 1.3% | ADD 24% |
| 17 | HUTHUT 8 CORP | 7,075 | $331,888 | 1.2% | HOLD |
| 18 | TSLATESLA INC | 600 | $223,050 | 0.8% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| BILSPDR SERIES TRUST | 41K | 39K | 54K | 56K | 62K | 102K | $9M |
| XLUSELECT SECTOR SPDR TR | 21K | 20K | 22K | 24K | 52K | 47K | $2M |
| DBAINVESCO DB MULTI-SECTOR COMM | 65K | 59K | 65K | 69K | 76K | 78K | $2M |
| IEFISHARES TR | 11K | 10K | 14K | 18K | 21K | 22K | $2M |
| PSQPROSHARES TR | — | — | — | — | 47K | 63K | $2M |
| EFAISHARES TR | 13K | 12K | 13K | 15K | 17K | 17K | $2M |
| IWMISHARES TR | 4K | 4K | 4K | 4K | 5K | 5K | $1M |
| SEFPROSHARES TR | — | — | — | — | — | 37K | $1M |
| URAGLOBAL X FDS | 23K | 22K | 24K | 26K | 21K | 22K | $1M |
| XLESELECT SECTOR SPDR TR | — | — | — | — | — | 17K | $1M |
| XLPSELECT SECTOR SPDR TR | — | — | — | — | — | 12K | $946,131 |
| FXIISHARES TR | 23K | 21K | 24K | 26K | 29K | 22K | $803,622 |
| SHPROSHARES TR | — | — | — | — | — | 14K | $517,176 |
| ESEVERSOURCE ENERGY | 6K | 6K | 6K | 6K | 6K | 6K | $426,072 |
| PGPROCTER AND GAMBLE CO | 3K | 3K | 4K | 4K | 3K | 2K | $358,662 |
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.
