CIK 18748
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 |
|---|---|---|
| Software & IT Services | 13.74% | 2 |
| Banks | 12.16% | 3 |
| Insurance | 11.85% | 4 |
| Semiconductors & Semiconductor Equipment | 11.42% | 2 |
| Commercial Services & Supplies | 9.12% | 5 |
| Technology Hardware & Equipment | 6.12% | 2 |
| Capital Markets | 5.43% | 1 |
| Communications Equipment | 5.01% | 1 |
| Specialty Retail | 4.47% | 1 |
| Oil, Gas & Consumable Fuels | 4.38% | 1 |
| Aerospace & Defense | 3.50% | 1 |
| Pharmaceuticals & Biotechnology | 2.90% | 2 |
| Software | 2.44% | 1 |
| Chemicals | 2.18% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 2.14% | 1 |
| Health Care Equipment & Supplies | 1.79% | 1 |
| Leisure Products | 1.34% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc. | Communication Services | 9.49% |
| 2 | ADI | ANALOG DEVICES INC | Information Technology | 9.19% |
| 3 | PGR | PROGRESSIVE CORP/OH/ | Financials | 6.54% |
| 4 | SCHW | SCHWAB CHARLES CORP | Financials | 5.43% |
| 5 | COF | CAPITAL ONE FINANCIAL CORP | Financials | 5.27% |
| 6 | MSI | Motorola Solutions, Inc. | Information Technology | 5.01% |
| 7 | KEYS | Keysight Technologies, Inc. | Information Technology | 4.66% |
| 8 | AMZN | AMAZON COM INC | Consumer Discretionary | 4.47% |
| 9 | CVX | CHEVRON CORP | Energy | 4.38% |
| 10 | META | Meta Platforms, Inc. | Communication Services | 4.25% |
30/30 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 97.8%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 94.5% of book weight (28/30 names) · unclassified 5.5%: SUNB, TSM. 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 | GOOGLALPHABET INC | 400,000 | $115M | 9.5% | TRIM −5% |
| 2 | ADIANALOG DEVICES INC | 350,000 | $111M | 9.2% | TRIM −3% |
| 3 | PGRPROGRESSIVE CORP | 400,000 | $79M | 6.5% | HOLD |
| 4 | SCHWSCHWAB CHARLES CORP | 700,000 | $66M | 5.4% | TRIM −13% |
| 5 | COFCAPITAL ONE FINL CORP | 350,000 | $64M | 5.3% | ADD 4% |
| 6 | MSIMOTOROLA SOLUTIONS INC | 140,000 | $61M | 5.0% | HOLD |
| 7 | KEYSKEYSIGHT TECHNOLOGIES INC | 200,000 | $56M | 4.7% | HOLD |
| 8 | AMZNAMAZON COM INC | 260,000 | $54M | 4.5% | HOLD |
| 9 | CVXCHEVRON CORP NEW | 256,250 | $53M | 4.4% | HOLD |
| 10 | METAMETA PLATFORMS INC | 90,000 | $51M | 4.3% | HOLD |
| 11 | TDYTELEDYNE TECHNOLOGIES INC | 70,000 | $42M | 3.5% | HOLD |
| 12 | AXPAMERICAN EXPRESS CO | 140,000 | $42M | 3.5% | HOLD |
| 13 | JPMJPMORGAN CHASE & CO | 140,000 | $41M | 3.4% | HOLD |
| 14 | SUNBSUNBELT RENTALS HOLDINGS INC | 600,000 | $39M | 3.2% | NEW |
| 15 | MSFTMICROSOFT CORP | 80,000 | $30M | 2.4% | HOLD |
| 16 | AJGGALLAGHER ARTHUR J & CO | 135,000 | $29M | 2.4% | ADD 29% |
| 17 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 80,000 | $27M | 2.2% | HOLD |
| 18 | MELIMERCADOLIBRE INC | 15,500 | $27M | 2.2% | ADD 19% |
| 19 | NKENIKE INC | 500,000 | $26M | 2.2% | HOLD |
| 20 | RYNRAYONIER INC | 1,260,130 | $26M | 2.1% | HOLD |
| 21 | AONAON PLC | 80,000 | $26M | 2.1% | TRIM −20% |
| 22 | VVISA INC | 75,000 | $23M | 1.9% | HOLD |
| 23 | MDTMEDTRONIC PLC | 250,000 | $22M | 1.8% | HOLD |
| 24 | MRKMERCK & CO INC | 150,000 | $18M | 1.5% | HOLD |
| 25 | EFXEQUIFAX INC | 100,000 | $18M | 1.5% | NEW |
| 26 | ROPROPER TECHNOLOGIES INC | 50,000 | $18M | 1.5% | HOLD |
| 27 | JNJJOHNSON & JOHNSON | 70,000 | $17M | 1.4% | TRIM −13% |
| 28 | BRCBRADY CORP | 200,000 | $16M | 1.3% | HOLD |
| 29 | TWFGTWFG INC | 500,000 | $9M | 0.8% | ADD 5% |
| 30 | WSCWILLSCOT HLDGS CORP | 225,000 | $4M | 0.3% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| GOOGLALPHABET INC | 450K | 450K | 445K | 430K | 420K | 400K | $115M |
| ADIANALOG DEVICES INC | 400K | 390K | 370K | 360K | 360K | 350K | $111M |
| PGRPROGRESSIVE CORP | 420K | 400K | 400K | 400K | 400K | 400K | $79M |
| SCHWSCHWAB CHARLES CORP | 800K | 800K | 800K | 800K | 800K | 700K | $66M |
| COFCAPITAL ONE FINL CORP | 300K | 300K | 335K | 335K | 335K | 350K | $64M |
| MSIMOTOROLA SOLUTIONS INC | 145K | 145K | 140K | 140K | 140K | 140K | $61M |
| KEYSKEYSIGHT TECHNOLOGIES INC | 200K | 200K | 200K | 200K | 200K | 200K | $56M |
| AMZNAMAZON COM INC | 225K | 235K | 260K | 260K | 260K | 260K | $54M |
| CVXCHEVRON CORP NEW | — | — | — | 256K | 256K | 256K | $53M |
| METAMETA PLATFORMS INC | 100K | 100K | 100K | 90K | 90K | 90K | $51M |
| TDYTELEDYNE TECHNOLOGIES INC | 60K | 70K | 70K | 70K | 70K | 70K | $42M |
| AXPAMERICAN EXPRESS CO | 150K | 150K | 150K | 140K | 140K | 140K | $42M |
| JPMJPMORGAN CHASE & CO | 180K | 160K | 150K | 140K | 140K | 140K | $41M |
| SUNBSUNBELT RENTALS HOLDINGS INC | — | — | — | — | — | 600K | $39M |
| MSFTMICROSOFT CORP | 80K | 80K | 80K | 80K | 80K | 80K | $30M |
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.
