CIK 1838660
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 | 99.68% | 7 |
| Health Care Equipment & Supplies | 0.07% | 1 |
| Hotels, Restaurants & Leisure | 0.07% | 1 |
| Aerospace & Defense | 0.06% | 1 |
| Utilities | 0.06% | 1 |
| Specialty Retail | 0.05% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SHV | ISHARES TR | Unclassified | 62.68% |
| 2 | VCSH | VANGUARD SCOTTSDALE FDS | Unclassified | 11.42% |
| 3 | VLUE | ISHARES TR | Unclassified | 11.41% |
| 4 | MAGS | LISTED FDS TR | Unclassified | 8.10% |
| 5 | ILF | ISHARES TR | Unclassified | 5.60% |
| 6 | JEPQ | J P MORGAN EXCHANGE TRADED F | Unclassified | 0.39% |
| 7 | BDX | BECTON DICKINSON & CO | Health Care | 0.07% |
| 8 | MAR | MARRIOTT INTERNATIONAL INC /MD/ | Consumer Discretionary | 0.07% |
| 9 | BILS | SPDR SERIES TRUST | Unclassified | 0.07% |
| 10 | BA | BOEING CO | Industrials | 0.06% |
5/12 names classified · sector 0.3% of weight · industry 0.3% · mkt cap 0.3%; 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: 0.3% 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: 0.3% of book weight (4/12 names) · unclassified 99.7%: SHV, VCSH, VLUE, MAGS, ILF, JEPQ, BILS, ET. 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 | SHVISHARES TR | 2,158,181 | $238M | 62.7% | ADD 25092% |
| 2 | VCSHVANGUARD SCOTTSDALE FDS | 547,376 | $43M | 11.4% | ADD 33% |
| 3 | VLUEISHARES TR | 305,035 | $43M | 11.4% | ADD 21% |
| 4 | MAGSLISTED FDS TR | 531,545 | $31M | 8.1% | TRIM −20% |
| 5 | ILFISHARES TR | 599,680 | $21M | 5.6% | TRIM −12% |
| 6 | JEPQJ P MORGAN EXCHANGE TRADED F | 26,772 | $1M | 0.4% | TRIM −8% |
| 7 | BDXBECTON DICKINSON & CO | 1,727 | $271,590 | 0.1% | HOLD |
| 8 | MARMARRIOTT INTL INC NEW | 818 | $267,543 | 0.1% | HOLD |
| 9 | BILSSPDR SERIES TRUST | 2,619 | $260,433 | 0.1% | NEW |
| 10 | BABOEING CO | 1,221 | $243,016 | 0.1% | HOLD |
| 11 | ETENERGY TRANSFER L P | 12,560 | $242,408 | 0.1% | HOLD |
| 12 | AMZNAMAZON COM INC | 980 | $204,105 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SHVISHARES TR | — | 1.4M | 481K | 313K | 9K | 2.2M | $238M |
| VCSHVANGUARD SCOTTSDALE FDS | — | — | — | — | 411K | 547K | $43M |
| VLUEISHARES TR | — | — | — | — | 253K | 305K | $43M |
| MAGSLISTED FDS TR | — | — | — | 334K | 661K | 532K | $31M |
| ILFISHARES TR | — | — | — | — | 680K | 600K | $21M |
| JEPQJ P MORGAN EXCHANGE TRADED F | 520K | 25K | 36K | 27K | 29K | 27K | $1M |
| BDXBECTON DICKINSON & CO | 2K | 2K | 2K | 2K | 2K | 2K | $271,590 |
| MARMARRIOTT INTL INC NEW | 818 | — | 818 | 818 | 818 | 818 | $267,543 |
| BILSSPDR SERIES TRUST | — | — | 3K | 5K | — | 3K | $260,433 |
| BABOEING CO | — | 1K | 1K | 1K | 1K | 1K | $243,016 |
| ETENERGY TRANSFER L P | — | — | — | 12K | 13K | 13K | $242,408 |
| AMZNAMAZON COM INC | 1K | 1K | 1K | 1K | 980 | 980 | $204,105 |
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.
