CIK 1911307
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 | 96.90% | 35 |
| Oil, Gas & Consumable Fuels | 0.82% | 1 |
| Technology Hardware & Equipment | 0.58% | 1 |
| Specialty Retail | 0.44% | 2 |
| Utilities | 0.39% | 3 |
| Banks | 0.23% | 2 |
| Pharmaceuticals & Biotechnology | 0.19% | 1 |
| Software | 0.17% | 1 |
| Automobiles & Components | 0.16% | 1 |
| Software & IT Services | 0.11% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPTM | SPDR SERIES TRUST | Unclassified | 16.96% |
| 2 | SPDW | SPDR INDEX SHS FDS | Unclassified | 13.00% |
| 3 | BILS | SPDR SERIES TRUST | Unclassified | 7.23% |
| 4 | BIL | SPDR SERIES TRUST | Unclassified | 6.84% |
| 5 | SPTS | SPDR SERIES TRUST | Unclassified | 5.47% |
| 6 | TIPX | SPDR SERIES TRUST | Unclassified | 5.25% |
| 7 | FLEE | FRANKLIN TEMPLETON ETF TR | Unclassified | 4.89% |
| 8 | GNR | SPDR INDEX SHS FDS | Unclassified | 4.32% |
| 9 | LDUR | PIMCO ETF TR | Unclassified | 3.98% |
| 10 | BOND | PIMCO ETF TR | Unclassified | 3.66% |
13/48 names classified · sector 3.1% of weight · industry 3.1% · mkt cap 3.1%; 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: 3.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 3% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.1% of book weight (13/48 names) · unclassified 96.9%: SPTM, SPDW, BILS, BIL, SPTS, TIPX, FLEE, GNR, LDUR, BOND +25 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 | SPTMSPDR SERIES TRUST | 416,689 | $33M | 17.0% | HOLD |
| 2 | SPDWSPDR INDEX SHS FDS | 553,081 | $25M | 13.0% | HOLD |
| 3 | BILSSPDR SERIES TRUST | 141,297 | $14M | 7.2% | ADD 10% |
| 4 | BILSPDR SERIES TRUST | 145,104 | $13M | 6.8% | ADD 5% |
| 5 | SPTSSPDR SERIES TRUST | 363,917 | $11M | 5.5% | HOLD |
| 6 | TIPXSPDR SERIES TRUST | 531,767 | $10M | 5.3% | TRIM −6% |
| 7 | FLEEFRANKLIN TEMPLETON ETF TR | 261,478 | $10M | 4.9% | ADD 4% |
| 8 | GNRSPDR INDEX SHS FDS | 112,327 | $8M | 4.3% | TRIM −9% |
| 9 | LDURPIMCO ETF TR | 80,743 | $8M | 4.0% | ADD 80% |
| 10 | BONDPIMCO ETF TR | 77,127 | $7M | 3.7% | TRIM −16% |
| 11 | SPEUSPDR INDEX SHS FDS | 128,867 | $7M | 3.4% | ADD 4% |
| 12 | JPIBJ P MORGAN EXCHANGE TRADED F | 134,402 | $6M | 3.3% | ADD 4% |
| 13 | EMTLSSGA ACTIVE TR | 143,405 | $6M | 3.1% | ADD 7% |
| 14 | VTIVANGUARD INDEX FDS | 11,814 | $4M | 2.0% | TRIM −4% |
| 15 | FVDFIRST TR EXCHANGE-TRADED FD | 79,869 | $4M | 1.9% | HOLD |
| 16 | SDYSPDR SER TR | 24,104 | $4M | 1.8% | HOLD |
| 17 | BKIEBNY MELLON ETF TRUST | 27,694 | $3M | 1.3% | HOLD |
| 18 | FTHFFIRST TR EXCHANGE-TRADED FD | 64,193 | $2M | 1.2% | ADD 29% |
| 19 | RSPNINVESCO EXCHANGE TRADED FD T | 39,743 | $2M | 1.2% | ADD 15% |
| 20 | SPYMSPDR SERIES TRUST | 24,411 | $2M | 1.0% | HOLD |
| 21 | LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF | 72,031 | $2M | 0.9% | ADD 5% |
| 22 | XOMEXXON MOBIL CORP | 9,399 | $2M | 0.8% | HOLD |
| 23 | GTOINVESCO ACTIVELY MANAGED EXC | 32,194 | $2M | 0.8% | TRIM −4% |
| 24 | AAPLAPPLE INC | 4,456 | $1M | 0.6% | HOLD |
| 25 | EBNDSPDR SERIES TRUST | 51,677 | $1M | 0.5% | HOLD |
| 26 | LDRIISHARES TR | 37,127 | $945,216 | 0.5% | TRIM −6% |
| 27 | SPIPSPDR SERIES TRUST | 33,116 | $861,351 | 0.4% | HOLD |
| 28 | EMDMFIRST TR EXCHANGE TRADED FD | 21,472 | $727,310 | 0.4% | NEW |
| 29 | WMTWALMART INC | 4,800 | $596,544 | 0.3% | HOLD |
| 30 | FTRIFIRST TR EXCHANGE TRADED FD | 27,429 | $489,608 | 0.3% | HOLD |
| 31 | FTHIFIRST TR EXCHANGE TRADED FD | 18,047 | $414,179 | 0.2% | TRIM −28% |
| 32 | SGOVISHARES TR | 4,110 | $413,713 | 0.2% | HOLD |
| 33 | ELDWISDOMTREE TR | 13,473 | $374,819 | 0.2% | HOLD |
| 34 | JNJJOHNSON & JOHNSON | 1,500 | $366,705 | 0.2% | HOLD |
| 35 | DUKDUKE ENERGY CORP NEW | 2,744 | $359,299 | 0.2% | HOLD |
| 36 | MSFTMICROSOFT CORP | 917 | $339,446 | 0.2% | TRIM −4% |
| 37 | TSLATESLA INC | 834 | $310,040 | 0.2% | HOLD |
| 38 | DWXSPDR INDEX SHS FDS | 5,867 | $267,549 | 0.1% | NEW |
| 39 | COSTCOSTCO WHSL CORP NEW | 265 | $264,054 | 0.1% | TRIM −3% |
| 40 | VXUSVANGUARD STAR FDS | 3,037 | $234,217 | 0.1% | HOLD |
| 41 | NTRSNORTHERN TR CORP | 1,644 | $229,453 | 0.1% | HOLD |
| 42 | METAMETA PLATFORMS INC | 389 | $222,559 | 0.1% | TRIM −5% |
| 43 | GLDSPDR GOLD TR | 505 | $217,296 | 0.1% | HOLD |
| 44 | FDDFIRST TR EXCHANGE-TRADED FD | 11,984 | $213,440 | 0.1% | TRIM −14% |
| 45 | BACBANK AMERICA CORP | 4,284 | $208,828 | 0.1% | HOLD |
| 46 | NEENEXTERA ENERGY INC | 2,200 | $204,333 | 0.1% | NEW |
| 47 | PEGPUBLIC SVC ENTERPRISE GROUP | 2,500 | $202,375 | 0.1% | HOLD |
| 48 | GDXVANECK ETF TRUST GOLD MINERS ETF | 2,200 | $201,894 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPTMSPDR SERIES TRUST | 480K | 476K | 454K | 418K | 419K | 417K | $33M |
| SPDWSPDR INDEX SHS FDS | 508K | 545K | 558K | 547K | 549K | 553K | $25M |
| BILSSPDR SERIES TRUST | 112K | 118K | 120K | 122K | 129K | 141K | $14M |
| BILSPDR SERIES TRUST | 117K | 122K | 125K | 129K | 139K | 145K | $13M |
| SPTSSPDR SERIES TRUST | 325K | 340K | 342K | 349K | 367K | 364K | $11M |
| TIPXSPDR SERIES TRUST | 377K | 436K | 452K | 532K | 564K | 532K | $10M |
| FLEEFRANKLIN TEMPLETON ETF TR | 227K | 247K | 264K | 251K | 252K | 261K | $10M |
| GNRSPDR INDEX SHS FDS | 90K | 98K | 106K | 112K | 123K | 112K | $8M |
| LDURPIMCO ETF TR | 41K | 41K | 41K | 42K | 45K | 81K | $8M |
| BONDPIMCO ETF TR | 83K | 85K | 87K | 89K | 92K | 77K | $7M |
| SPEUSPDR INDEX SHS FDS | 101K | 110K | 119K | 121K | 124K | 129K | $7M |
| JPIBJ P MORGAN EXCHANGE TRADED F | 116K | 120K | 122K | 124K | 129K | 134K | $6M |
| EMTLSSGA ACTIVE TR | 118K | 123K | 124K | 128K | 135K | 143K | $6M |
| VTIVANGUARD INDEX FDS | 12K | 13K | 12K | 12K | 12K | 12K | $4M |
| FVDFIRST TR EXCHANGE-TRADED FD | 103K | 108K | 108K | 78K | 80K | 80K | $4M |
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.
