CIK 1818386
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 | 96.79% | 27 |
| Software | 0.86% | 2 |
| Automobiles & Components | 0.76% | 1 |
| Technology Hardware & Equipment | 0.58% | 1 |
| Software & IT Services | 0.32% | 2 |
| Utilities | 0.22% | 1 |
| Machinery | 0.18% | 1 |
| Aerospace & Defense | 0.16% | 1 |
| Pharmaceuticals & Biotechnology | 0.14% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IVV | ISHARES TR | Unclassified | 27.48% |
| 2 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 8.64% |
| 3 | AGG | ISHARES TR | Unclassified | 7.67% |
| 4 | BILS | SPDR SERIES TRUST | Unclassified | 7.23% |
| 5 | GLD | SPDR GOLD TR | Unclassified | 6.03% |
| 6 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 4.69% |
| 7 | SLQD | ISHARES TR | Unclassified | 4.21% |
| 8 | CMF | ISHARES TR | Unclassified | 3.34% |
| 9 | BIL | SPDR SERIES TRUST | Unclassified | 2.81% |
| 10 | CALI | BLACKROCK ETF TRUST II | Unclassified | 2.74% |
11/37 names classified · sector 4.8% of weight · industry 3.2% · 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 3% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.2% of book weight (10/37 names) · unclassified 96.8%: IVV, RSP, AGG, BILS, GLD, SPY, SLQD, CMF, BIL, CALI +17 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 | IVVISHARES TR | 64,866 | $42M | 27.5% | TRIM −5% |
| 2 | RSPINVESCO EXCHANGE TRADED FD T | 69,422 | $13M | 8.6% | ADD 196% |
| 3 | AGGISHARES TR | 119,130 | $12M | 7.7% | ADD 270% |
| 4 | BILSSPDR SERIES TRUST | 112,096 | $11M | 7.2% | TRIM −20% |
| 5 | GLDSPDR GOLD TR | 21,594 | $9M | 6.0% | ADD 6% |
| 6 | SPYSTATE STR SPDR S&P 500 ETF T | 11,118 | $7M | 4.7% | TRIM −75% |
| 7 | SLQDISHARES TR | 128,722 | $6M | 4.2% | ADD 259% |
| 8 | CMFISHARES TR | 90,580 | $5M | 3.3% | ADD 12% |
| 9 | BILSPDR SERIES TRUST | 47,203 | $4M | 2.8% | TRIM −44% |
| 10 | CALIBLACKROCK ETF TRUST II | 83,830 | $4M | 2.7% | ADD 29% |
| 11 | EEMISHARES TR | 73,283 | $4M | 2.7% | ADD 27% |
| 12 | VTECVANGUARD CALIF TAX FREE FDS | 41,802 | $4M | 2.7% | ADD 19% |
| 13 | ACWXISHARES TR | 60,300 | $4M | 2.7% | NEW |
| 14 | VLUEISHARES TR | 25,280 | $4M | 2.3% | NEW |
| 15 | IWMISHARES TR | 14,480 | $4M | 2.3% | NEW |
| 16 | BRK.BBERKSHIRE HATHAWAY INC DEL | 4,969 | $2M | 1.5% | TRIM −8% |
| 17 | MUBISHARES TR | 19,929 | $2M | 1.4% | ADD 12% |
| 18 | SUBISHARES TR | 19,663 | $2M | 1.4% | ADD 4% |
| 19 | XLKSELECT SECTOR SPDR TR | 14,466 | $2M | 1.2% | TRIM −3% |
| 20 | SHYISHARES TR | 15,107 | $1M | 0.8% | TRIM −5% |
| 21 | QQQINVESCO QQQ TR | 2,056 | $1M | 0.8% | TRIM −4% |
| 22 | TSLATESLA INC | 3,138 | $1M | 0.8% | TRIM −2% |
| 23 | SHYGISHARES TR | 25,691 | $1M | 0.7% | ADD 3% |
| 24 | NOWSERVICENOW INC | 10,104 | $1M | 0.7% | TRIM −14% |
| 25 | AAPLAPPLE INC | 3,532 | $896,300 | 0.6% | HOLD |
| 26 | SPYDSPDR SERIES TRUST | 15,633 | $711,604 | 0.5% | ADD 29% |
| 27 | NTSXWISDOMTREE TR | 11,948 | $623,084 | 0.4% | TRIM −3% |
| 28 | IEIISHARES TR | 3,765 | $446,495 | 0.3% | HOLD |
| 29 | DDOMINION ENERGY INC | 5,500 | $340,010 | 0.2% | HOLD |
| 30 | GOOGLALPHABET INC | 990 | $284,765 | 0.2% | ADD 16% |
| 31 | CATCATERPILLAR INC | 392 | $277,716 | 0.2% | HOLD |
| 32 | MSFTMICROSOFT CORP | 723 | $267,633 | 0.2% | TRIM −13% |
| 33 | BABOEING CO | 1,227 | $244,210 | 0.2% | HOLD |
| 34 | XLESELECT SECTOR SPDR TR | 3,810 | $233,405 | 0.2% | NEW |
| 35 | LLYELI LILLY & CO | 227 | $208,788 | 0.1% | TRIM −16% |
| 36 | PHYSSprott Physical Gold Trust | 5,871 | $208,068 | 0.1% | NEW |
| 37 | METAMETA PLATFORMS INC | 354 | $202,661 | 0.1% | TRIM −39% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IVVISHARES TR | 69K | 66K | 67K | 67K | 68K | 65K | $42M |
| RSPINVESCO EXCHANGE TRADED FD T | 36K | 37K | 37K | 23K | 23K | 69K | $13M |
| AGGISHARES TR | 16K | 27K | 28K | 30K | 32K | 119K | $12M |
| BILSSPDR SERIES TRUST | 165K | 168K | 140K | 143K | 140K | 112K | $11M |
| GLDSPDR GOLD TR | 4K | 5K | 19K | 19K | 20K | 22K | $9M |
| SPYSTATE STR SPDR S&P 500 ETF T | 20K | 6K | 42K | 42K | 44K | 11K | $7M |
| SLQDISHARES TR | 19K | 29K | 29K | 31K | 36K | 129K | $6M |
| CMFISHARES TR | 12K | 44K | 96K | 80K | 81K | 91K | $5M |
| BILSPDR SERIES TRUST | 122K | 118K | 82K | 86K | 84K | 47K | $4M |
| CALIBLACKROCK ETF TRUST II | — | — | 37K | 60K | 65K | 84K | $4M |
| EEMISHARES TR | — | — | — | 51K | 58K | 73K | $4M |
| VTECVANGUARD CALIF TAX FREE FDS | — | — | 25K | 30K | 35K | 42K | $4M |
| ACWXISHARES TR | — | — | — | — | — | 60K | $4M |
| VLUEISHARES TR | — | — | — | — | — | 25K | $4M |
| IWMISHARES TR | — | — | — | — | — | 14K | $4M |
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.
