CIK 1905765
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 | 98.90% | 52 |
| Banks | 0.32% | 1 |
| Semiconductors & Semiconductor Equipment | 0.24% | 2 |
| Software & IT Services | 0.16% | 1 |
| Hotels, Restaurants & Leisure | 0.12% | 1 |
| Technology Hardware & Equipment | 0.11% | 1 |
| Specialty Retail | 0.09% | 1 |
| Distributors | 0.06% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | USFR | WISDOMTREE TR | Unclassified | 8.75% |
| 2 | DUSA | DAVIS FUNDAMENTAL ETF TR | Unclassified | 6.58% |
| 3 | CGDV | CAPITAL GROUP DIVIDEND VALUE | Unclassified | 6.43% |
| 4 | SPTI | SPDR SERIES TRUST | Unclassified | 5.97% |
| 5 | IJR | ISHARES TR | Unclassified | 5.85% |
| 6 | NZF | NUVEEN MUNICIPAL CREDIT INC | Unclassified | 4.25% |
| 7 | ANGL | VANECK ETF TRUST | Unclassified | 4.23% |
| 8 | SPYG | SPDR SERIES TRUST STATE STREET SPD | Unclassified | 4.09% |
| 9 | IHDG | WisdomTree International Hdgd Div Gr ETF | Unclassified | 4.03% |
| 10 | SPEM | SPDR INDEX SHS FDS | Unclassified | 3.62% |
9/60 names classified · sector 1.4% of weight · industry 1.1% · mkt cap 1.4%; 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: 1.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 1% of book weight classified — the grid is NOT representative of the whole book.
Classified: 1.1% of book weight (8/60 names) · unclassified 98.9%: USFR, DUSA, CGDV, SPTI, IJR, NZF, ANGL, SPYG, IHDG, SPEM +42 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 | USFRWISDOMTREE TR | 425,768 | $21M | 8.8% | HOLD |
| 2 | DUSADAVIS FUNDAMENTAL ETF TR | 317,583 | $16M | 6.6% | ADD 8% |
| 3 | CGDVCAPITAL GROUP DIVIDEND VALUE | 370,156 | $16M | 6.4% | ADD 16% |
| 4 | SPTISPDR SERIES TRUST | 510,141 | $15M | 6.0% | HOLD |
| 5 | IJRISHARES TR | 115,143 | $14M | 5.8% | ADD 6% |
| 6 | NZFNUVEEN MUNICIPAL CREDIT INC | 855,182 | $10M | 4.3% | HOLD |
| 7 | ANGLVANECK ETF TRUST | 360,610 | $10M | 4.2% | ADD 2% |
| 8 | SPYGSPDR SERIES TRUST STATE STREET SPD | 102,382 | $10M | 4.1% | HOLD |
| 9 | IHDGWisdomTree International Hdgd Div Gr ETF | 204,960 | $10M | 4.0% | HOLD |
| 10 | SPEMSPDR INDEX SHS FDS | 188,990 | $9M | 3.6% | ADD 9% |
| 11 | XNEAXNUVEEN AMT FREE QLTY MUN INC | 711,737 | $8M | 3.3% | ADD 9% |
| 12 | DONWISDOMTREE TR | 150,438 | $8M | 3.2% | TRIM −4% |
| 13 | DTDWISDOMTREE TR | 83,860 | $7M | 3.0% | ADD 5% |
| 14 | NMZNUVEEN MUN HIGH INCOME OPPOR | 672,622 | $7M | 2.9% | ADD 3% |
| 15 | NMCONUVEEN MUN CR OPPORTUNITIES | 643,997 | $7M | 2.8% | ADD 4% |
| 16 | SPABSPDR SERIES TRUST | 247,330 | $6M | 2.6% | HOLD |
| 17 | DESWISDOMTREE TR | 172,167 | $6M | 2.5% | ADD 8% |
| 18 | DGRWWISDOMTREE TR | 64,100 | $6M | 2.3% | HOLD |
| 19 | DWLDDAVIS FUNDAMENTAL ETF TR | 122,229 | $5M | 2.2% | ADD 16% |
| 20 | SPBOSPDR SERIES TRUST | 167,806 | $5M | 2.0% | HOLD |
| 21 | NADNUVEEN QUALITY MUNCP INCOME | 402,537 | $5M | 1.9% | ADD 39% |
| 22 | DIASPDR DOW JONES INDL AVERAGE | 9,965 | $5M | 1.9% | TRIM −11% |
| 23 | XMHQINVESCO EXCHANGE TRADED FD T | 33,134 | $3M | 1.4% | ADD 38% |
| 24 | MIYBLACKROCK MUNIYIELD MICH QU | 280,894 | $3M | 1.4% | TRIM −5% |
| 25 | HYMBSPDR SERIES TRUST | 133,072 | $3M | 1.3% | ADD 43% |
| 26 | CGMUCAPITAL GRP FIXED INCM ETF T | 80,613 | $2M | 0.9% | ADD 147% |
| 27 | SLYVSPDR SERIES TRUST | 18,539 | $2M | 0.7% | TRIM −9% |
| 28 | VGMINVESCO TR INVT GRADE MUNS | 172,859 | $2M | 0.7% | TRIM −12% |
| 29 | HYDVANECK ETF TRUST | 32,330 | $2M | 0.7% | TRIM −9% |
| 30 | CIBRFIRST TR EXCHANGE-TRADED FD | 24,153 | $2M | 0.6% | HOLD |
| 31 | BRK.ABERKSHIRE HATHAWAY INC DEL | 2 | $1M | 0.6% | HOLD |
| 32 | MHDBLACKROCK MUNIHOLDINGS FD IN | 117,683 | $1M | 0.5% | NEW |
| 33 | VOOVANGUARD INDEX FDS | 2,123 | $1M | 0.5% | HOLD |
| 34 | NVGNUVEEN AMT FREE MUN CR INC F | 100,164 | $1M | 0.5% | HOLD |
| 35 | TAXFAMERICAN CENTY ETF TR | 24,494 | $1M | 0.5% | ADD 50% |
| 36 | DHSWISDOMTREE TR | 10,765 | $1M | 0.5% | HOLD |
| 37 | VOVANGUARD INDEX FDS | 3,621 | $1M | 0.4% | HOLD |
| 38 | CGGRCAPITAL GROUP GROWTH ETF | 24,900 | $1M | 0.4% | ADD 72% |
| 39 | HBANHUNTINGTON BANCSHARES INC | 49,699 | $777,789 | 0.3% | HOLD |
| 40 | BRK.BBERKSHIRE HATHAWAY INC DEL | 1,572 | $753,302 | 0.3% | HOLD |
| 41 | QHYWISDOMTREE TR | 16,105 | $733,439 | 0.3% | TRIM −3% |
| 42 | IUSGISHARES TR | 3,930 | $609,571 | 0.2% | HOLD |
| 43 | XLUSELECT SECTOR SPDR TR | 13,182 | $604,920 | 0.2% | HOLD |
| 44 | EPSWISDOMTREE TR | 8,758 | $596,504 | 0.2% | HOLD |
| 45 | NOBLPROSHARES TR | 5,404 | $572,845 | 0.2% | HOLD |
| 46 | IJHISHARES TR | 8,443 | $570,155 | 0.2% | HOLD |
| 47 | VTIVANGUARD INDEX FDS | 1,625 | $521,354 | 0.2% | TRIM −4% |
| 48 | DFNLDAVIS FUNDAMENTAL ETF TR | 11,525 | $516,792 | 0.2% | HOLD |
| 49 | VBVANGUARD INDEX FDS | 1,972 | $516,494 | 0.2% | HOLD |
| 50 | GOOGLALPHABET INC | 1,380 | $396,833 | 0.2% | NEW |
| 51 | IUSVISHARES TR | 3,800 | $388,535 | 0.2% | HOLD |
| 52 | PZAINVESCO EXCH TRADED FD TR II | 15,105 | $347,115 | 0.1% | ADD 54% |
| 53 | INTCINTEL CORP | 7,500 | $330,975 | 0.1% | HOLD |
| 54 | CMGCHIPOTLE MEXICAN GRILL INC | 9,500 | $304,095 | 0.1% | NEW |
| 55 | AAPLAPPLE INC | 1,108 | $281,316 | 0.1% | NEW |
| 56 | SPYSTATE STR SPDR S&P 500 ETF T | 431 | $280,373 | 0.1% | HOLD |
| 57 | NVDANVIDIA CORPORATION | 1,542 | $268,848 | 0.1% | HOLD |
| 58 | HYZDWISDOMTREE TR | 10,957 | $241,167 | 0.1% | HOLD |
| 59 | AMZNAMAZON COM INC | 1,000 | $208,270 | 0.1% | HOLD |
| 60 | ALTGALTA EQUIPMENT GROUP INC | 25,157 | $135,093 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| USFRWISDOMTREE TR | 438K | 380K | 298K | 333K | 429K | 426K | $21M |
| DUSADAVIS FUNDAMENTAL ETF TR | 15K | 15K | 15K | 26K | 294K | 318K | $16M |
| CGDVCAPITAL GROUP DIVIDEND VALUE | — | — | — | — | 320K | 370K | $16M |
| SPTISPDR SERIES TRUST | 499K | 512K | 517K | 517K | 501K | 510K | $15M |
| IJRISHARES TR | 42K | 46K | 48K | 59K | 109K | 115K | $14M |
| NZFNUVEEN MUNICIPAL CREDIT INC | 729K | 766K | 779K | 810K | 865K | 855K | $10M |
| ANGLVANECK ETF TRUST | 205K | 206K | 209K | 211K | 353K | 361K | $10M |
| SPYGSPDR SERIES TRUST STATE STREET SPD | 118K | 120K | 124K | 127K | 102K | 102K | $10M |
| IHDGWisdomTree International Hdgd Div Gr ETF | 291K | 295K | 305K | 345K | 207K | 205K | $10M |
| SPEMSPDR INDEX SHS FDS | 114K | 119K | 123K | 147K | 174K | 189K | $9M |
| XNEAXNUVEEN AMT FREE QLTY MUN INC | 217K | 229K | 345K | 431K | 652K | 712K | $8M |
| DONWISDOMTREE TR | 321K | 327K | 335K | 348K | 156K | 150K | $8M |
| DTDWISDOMTREE TR | 121K | 122K | 125K | 143K | 80K | 84K | $7M |
| NMZNUVEEN MUN HIGH INCOME OPPOR | 518K | 545K | 568K | 594K | 656K | 673K | $7M |
| NMCONUVEEN MUN CR OPPORTUNITIES | 532K | 550K | 596K | 627K | 619K | 644K | $7M |
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.
