CIK 1806628
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 | 99.96% | 29 |
| Equity Real Estate Investment Trusts (REITs) | 0.03% | 1 |
| Health Care Equipment & Supplies | 0.01% | 1 |
| Pharmaceuticals & Biotechnology | 0.00% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | XLE | SELECT SECTOR SPDR TR | Unclassified | 8.57% |
| 2 | FLQM | Franklin Templeton Mid Cap MultiFact Index | Unclassified | 7.39% |
| 3 | XLB | SELECT SECTOR SPDR TR | Unclassified | 7.05% |
| 4 | XLV | SELECT SECTOR SPDR TR | Unclassified | 6.78% |
| 5 | XLP | SELECT SECTOR SPDR TR | Unclassified | 6.76% |
| 6 | XLI | SELECT SECTOR SPDR TR | Unclassified | 6.73% |
| 7 | XLU | SELECT SECTOR SPDR TR | Unclassified | 6.68% |
| 8 | XLC | SELECT SECTOR SPDR TR | Unclassified | 6.65% |
| 9 | XLRE | SELECT SECTOR SPDR TR | Unclassified | 6.63% |
| 10 | XLK | SELECT SECTOR SPDR TR | Unclassified | 6.58% |
3/32 names classified · sector 0.0% of weight · industry 0.0% · mkt cap 0.0%; 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: 0.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 0% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.0% of book weight (0/32 names) · unclassified 100.0%: XLE, FLQM, XLB, XLV, XLP, XLI, XLU, XLC, XLRE, XLK +22 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 | XLESELECT SECTOR SPDR TR | 113,416 | $7M | 8.6% | ADD 4% |
| 2 | FLQMFranklin Templeton Mid Cap MultiFact Index | 109,070 | $6M | 7.4% | ADD 5% |
| 3 | XLBSELECT SECTOR SPDR TR | 114,338 | $6M | 7.1% | ADD 7% |
| 4 | XLVSELECT SECTOR SPDR TR | 37,458 | $5M | 6.8% | ADD 7% |
| 5 | XLPSELECT SECTOR SPDR TR | 66,858 | $5M | 6.8% | NEW |
| 6 | XLISELECT SECTOR SPDR TR | 33,726 | $5M | 6.7% | TRIM −15% |
| 7 | XLUSELECT SECTOR SPDR TR | 117,918 | $5M | 6.7% | ADD 3% |
| 8 | XLCSELECT SECTOR SPDR TR | 48,590 | $5M | 6.6% | ADD 17% |
| 9 | XLRESELECT SECTOR SPDR TR | 131,530 | $5M | 6.6% | ADD 12% |
| 10 | XLKSELECT SECTOR SPDR TR | 40,140 | $5M | 6.6% | ADD 14% |
| 11 | VEUVANGUARD INTL EQUITY INDEX F | 54,939 | $4M | 5.1% | TRIM −2% |
| 12 | XSOEWISDOMTREE TR | 99,674 | $4M | 4.9% | TRIM −5% |
| 13 | AMLPALPS ETF TR | 38,908 | $2M | 2.5% | TRIM −27% |
| 14 | DXJWISDOMTREE TR | 8,128 | $1M | 1.6% | NEW |
| 15 | RPVINVESCO EXCHANGE TRADED FD T | 11,420 | $1M | 1.5% | NEW |
| 16 | XBISPDR SERIES TRUST | 9,476 | $1M | 1.5% | ADD 26% |
| 17 | COMTISHARES U S ETF TR | 35,704 | $1M | 1.5% | NEW |
| 18 | DBNDDOUBLELINE ETF TRUST | 26,243 | $1M | 1.5% | HOLD |
| 19 | USDUWISDOMTREE TR | 45,369 | $1M | 1.5% | NEW |
| 20 | IEFISHARES TR | 12,421 | $1M | 1.5% | ADD 121% |
| 21 | VCSHVANGUARD SCOTTSDALE FDS | 14,530 | $1M | 1.4% | ADD 3% |
| 22 | SHVISHARES TR | 6,670 | $736,301 | 0.9% | HOLD |
| 23 | GVIISHARES TR | 6,183 | $659,595 | 0.8% | TRIM −3% |
| 24 | LVHILEGG MASON ETF INVT | 15,787 | $640,005 | 0.8% | TRIM −51% |
| 25 | EWXSPDR INDEX SHS FDS | 9,261 | $612,337 | 0.8% | ADD 5% |
| 26 | ICLNISHARES TR | 32,232 | $589,523 | 0.7% | TRIM −7% |
| 27 | ASHRDBX ETF TR XTRACK HRVST CSI | 17,778 | $580,274 | 0.7% | NEW |
| 28 | RSPINVESCO EXCHANGE TRADED FD T | 2,354 | $451,780 | 0.6% | ADD 4% |
| 29 | VTVANGUARD INTL EQUITY INDEX F | 2,248 | $310,996 | 0.4% | TRIM −39% |
| 30 | ELMEWASHINGTON REAL ESTATE INVT | 11,734 | $23,585 | 0.0% | NEW |
| 31 | GUTSFRACTYL HEALTH INC | 15,500 | $7,096 | 0.0% | NEW |
| 32 | GOSSGOSSAMER BIO INC | 10,772 | $3,539 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| XLESELECT SECTOR SPDR TR | — | — | — | 56K | 109K | 113K | $7M |
| FLQMFranklin Templeton Mid Cap MultiFact Index | 96K | 90K | 109K | 107K | 104K | 109K | $6M |
| XLBSELECT SECTOR SPDR TR | — | — | — | 55K | 107K | 114K | $6M |
| XLVSELECT SECTOR SPDR TR | — | 35K | — | 37K | 35K | 37K | $5M |
| XLPSELECT SECTOR SPDR TR | 73K | 63K | 74K | — | — | 67K | $5M |
| XLISELECT SECTOR SPDR TR | 43K | 39K | 42K | 41K | 40K | 34K | $5M |
| XLUSELECT SECTOR SPDR TR | 77K | 66K | 75K | 59K | 115K | 118K | $5M |
| XLCSELECT SECTOR SPDR TR | — | — | 60K | 42K | 41K | 49K | $5M |
| XLRESELECT SECTOR SPDR TR | 139K | 124K | 145K | 119K | 117K | 132K | $5M |
| XLKSELECT SECTOR SPDR TR | 25K | — | 26K | 18K | 35K | 40K | $5M |
| VEUVANGUARD INTL EQUITY INDEX F | 62K | 52K | 62K | 58K | 56K | 55K | $4M |
| XSOEWISDOMTREE TR | — | 102K | 120K | 108K | 105K | 100K | $4M |
| AMLPALPS ETF TR | — | 31K | 89K | 108K | 53K | 39K | $2M |
| DXJWISDOMTREE TR | — | — | — | — | — | 8K | $1M |
| RPVINVESCO EXCHANGE TRADED FD T | — | — | — | — | — | 11K | $1M |
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.
