CIK 1862787
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 | 100.00% | 6 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IVV | ISHARES TR | Unclassified | 38.19% |
| 2 | BKLC | BNY MELLON ETF TRUST | Unclassified | 21.13% |
| 3 | STIP | ISHARES TR | Unclassified | 12.76% |
| 4 | QQQM | INVESCO EXCH TRADED FD TR II | Unclassified | 9.86% |
| 5 | XLC | SELECT SECTOR SPDR TR | Unclassified | 9.04% |
| 6 | XLE | SELECT SECTOR SPDR TR | Unclassified | 9.00% |
0/6 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 (0/6 names) · unclassified 100.0%: IVV, BKLC, STIP, QQQM, XLC, XLE. 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 | 808,311 | $455M | 38.2% | ADD 31% |
| 2 | BKLCBNY MELLON ETF TRUST | 1,592,635 | $252M | 21.1% | ADD 55% |
| 3 | STIPISHARES TR | 2,480,600 | $152M | 12.8% | NEW |
| 4 | QQQMINVESCO EXCH TRADED FD TR II | 1,059,100 | $117M | 9.9% | ADD 147% |
| 5 | XLCSELECT SECTOR SPDR TR | 2,181,200 | $108M | 9.0% | ADD 135% |
| 6 | XLESELECT SECTOR SPDR TR | 731,100 | $107M | 9.0% | TRIM −70% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IVVISHARES TR | — | 604K | 658K | 563K | 618K | 808K | $455M |
| BKLCBNY MELLON ETF TRUST | — | — | — | 998K | 1.0M | 1.6M | $252M |
| STIPISHARES TR | — | — | — | — | — | 2.5M | $152M |
| QQQMINVESCO EXCH TRADED FD TR II | 347K | 380K | 411K | 343K | 429K | 1.1M | $117M |
| XLCSELECT SECTOR SPDR TR | 618K | 682K | 739K | 836K | 927K | 2.2M | $108M |
| XLESELECT SECTOR SPDR TR | — | — | — | — | 2.4M | 731K | $107M |
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.
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