CIK 1832521
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 | 88.37% | 8 |
| Utilities | 4.74% | 7 |
| Oil, Gas & Consumable Fuels | 2.44% | 5 |
| Equity Real Estate Investment Trusts (REITs) | 1.91% | 3 |
| Real Estate Management & Development | 1.21% | 2 |
| Metals & Mining | 0.55% | 2 |
| Software | 0.47% | 2 |
| Software & IT Services | 0.08% | 1 |
| Diversified Consumer Services | 0.07% | 1 |
| Specialty Retail | 0.07% | 1 |
| Insurance | 0.05% | 1 |
| Technology Hardware & Equipment | 0.03% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | CTEF | EA SERIES TRUST | Unclassified | 61.08% |
| 2 | CTIF | EA SERIES TRUST | Unclassified | 22.18% |
| 3 | BOXX | EA SERIES TRUST | Unclassified | 2.86% |
| 4 | CWEN | Clearway Energy, Inc. | Utilities | 0.77% |
| 5 | NEE | NEXTERA ENERGY INC | Utilities | 0.70% |
| 6 | GLTR | ABRDN PRECIOUS METALS BASKET | Unclassified | 0.69% |
| 7 | POR | PORTLAND GENERAL ELECTRIC CO /OR/ | Utilities | 0.69% |
| 8 | XLE | SELECT SECTOR SPDR TR | Unclassified | 0.67% |
| 9 | NJR | NEW JERSEY RESOURCES CORP | Utilities | 0.67% |
| 10 | CTRE | CareTrust REIT, Inc. | Real Estate | 0.66% |
26/34 names classified · sector 11.6% of weight · industry 11.6% · mkt cap 10.3%; 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: 11.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 9% of book weight classified — the grid is NOT representative of the whole book.
Classified: 8.5% of book weight (20/34 names) · unclassified 91.5%: CTEF, CTIF, BOXX, CWEN, GLTR, XLE, DKL, MPLX, HESM, OCTP +4 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 | CTEFEA SERIES TRUST | 6,499,741 | $441M | 61.1% | HOLD |
| 2 | CTIFEA SERIES TRUST | 3,303,710 | $160M | 22.2% | ADD 12% |
| 3 | BOXXEA SERIES TRUST | 177,481 | $21M | 2.9% | ADD 85% |
| 4 | CWENCLEARWAY ENERGY INC | 142,230 | $6M | 0.8% | ADD 9% |
| 5 | NEENEXTERA ENERGY INC | 54,095 | $5M | 0.7% | ADD 4% |
| 6 | GLTRABRDN PRECIOUS METALS BASKET | 22,882 | $5M | 0.7% | TRIM −40% |
| 7 | PORPORTLAND GEN ELEC CO | 94,433 | $5M | 0.7% | ADD 10% |
| 8 | XLESELECT SECTOR SPDR TR | 79,591 | $5M | 0.7% | TRIM −45% |
| 9 | NJRNEW JERSEY RES CORP | 88,321 | $5M | 0.7% | ADD 11% |
| 10 | CTRECareTrust REIT, Inc. | 130,179 | $5M | 0.7% | ADD 9% |
| 11 | ATOATMOS ENERGY CORP | 25,625 | $5M | 0.7% | ADD 8% |
| 12 | FRFIRST INDL RLTY TR INC | 79,219 | $5M | 0.6% | ADD 7% |
| 13 | ESEVERSOURCE ENERGY | 65,923 | $5M | 0.6% | ADD 10% |
| 14 | DKLDELEK LOGISTICS PARTNERS LP | 91,162 | $5M | 0.6% | ADD 8% |
| 15 | WECWEC ENERGY GROUP INC | 38,939 | $5M | 0.6% | ADD 11% |
| 16 | TRNOTERRENO RLTY CORP | 72,689 | $4M | 0.6% | ADD 10% |
| 17 | EGPEASTGROUP PPTYS INC | 23,923 | $4M | 0.6% | ADD 10% |
| 18 | MPLXMPLX LP | 77,053 | $4M | 0.6% | ADD 8% |
| 19 | GTYGETTY RLTY CORP NEW | 134,301 | $4M | 0.6% | ADD 9% |
| 20 | HESMHESS MIDSTREAM LP | 98,872 | $4M | 0.5% | ADD 10% |
| 21 | XOMEXXON MOBIL CORP | 14,862 | $3M | 0.3% | TRIM −76% |
| 22 | OCTPPGIM ROCK ETF TR | 84,120 | $2M | 0.3% | HOLD |
| 23 | CVXCHEVRON CORP NEW | 11,381 | $2M | 0.3% | TRIM −45% |
| 24 | SPYSTATE STR SPDR S&P 500 ETF T | 3,600 | $2M | 0.3% | TRIM −67% |
| 25 | MSFTMICROSOFT CORP | 6,200 | $2M | 0.3% | TRIM −64% |
| 26 | RIORIO TINTO PLC | 21,548 | $2M | 0.3% | HOLD |
| 27 | BHPBHP BILLITON LIMITED | 27,083 | $2M | 0.3% | HOLD |
| 28 | DDFNINNOVATOR ETFS TRUST | 81,187 | $2M | 0.2% | HOLD |
| 29 | ORCLORACLE CORP | 7,600 | $1M | 0.2% | NEW |
| 30 | METAMETA PLATFORMS INC | 1,000 | $572,130 | 0.1% | TRIM −84% |
| 31 | LRNSTRIDE INC | 5,800 | $511,386 | 0.1% | TRIM −9% |
| 32 | AMZNAMAZON COM INC | 2,400 | $499,848 | 0.1% | TRIM −93% |
| 33 | PGRPROGRESSIVE CORP | 2,000 | $396,480 | 0.1% | HOLD |
| 34 | AAPLAPPLE INC | 930 | $236,025 | 0.0% | TRIM −96% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| CTEFEA SERIES TRUST | — | — | 6.6M | 7.0M | 6.4M | 6.5M | $441M |
| CTIFEA SERIES TRUST | — | — | 2.4M | 2.8M | 2.9M | 3.3M | $160M |
| BOXXEA SERIES TRUST | — | — | 44K | 9K | 96K | 177K | $21M |
| CWENCLEARWAY ENERGY INC | 117K | 118K | 124K | 125K | 130K | 142K | $6M |
| NEENEXTERA ENERGY INC | — | 44K | 47K | 48K | 52K | 54K | $5M |
| GLTRABRDN PRECIOUS METALS BASKET | 49K | 48K | 42K | 43K | 38K | 23K | $5M |
| PORPORTLAND GEN ELEC CO | — | 73K | 78K | 83K | 86K | 94K | $5M |
| XLESELECT SECTOR SPDR TR | 60K | 63K | 69K | 69K | 144K | 80K | $5M |
| NJRNEW JERSEY RES CORP | — | — | — | 76K | 80K | 88K | $5M |
| CTRECareTrust REIT, Inc. | 126K | 110K | 118K | 115K | 119K | 130K | $5M |
| ATOATMOS ENERGY CORP | — | 21K | 22K | 23K | 24K | 26K | $5M |
| FRFIRST INDL RLTY TR INC | — | — | — | 71K | 74K | 79K | $5M |
| ESEVERSOURCE ENERGY | 62K | 52K | 56K | 58K | 60K | 66K | $5M |
| DKLDELEK LOGISTICS PARTNERS LP | 82K | 70K | 76K | 81K | 85K | 91K | $5M |
| WECWEC ENERGY GROUP INC | 38K | 31K | 32K | 34K | 35K | 39K | $5M |
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.
