CIK 1941260
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 | 97.95% | 52 |
| Technology Hardware & Equipment | 0.42% | 1 |
| Software & IT Services | 0.33% | 2 |
| Semiconductors & Semiconductor Equipment | 0.30% | 1 |
| Software | 0.25% | 1 |
| Specialty Retail | 0.24% | 1 |
| Banks | 0.13% | 1 |
| Metals & Mining | 0.12% | 1 |
| Machinery | 0.12% | 1 |
| Commercial Services & Supplies | 0.09% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 0.05% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPYV | SPDR SERIES TRUST | Unclassified | 16.54% |
| 2 | SPYG | SPDR SERIES TRUST STATE STREET SPD | Unclassified | 14.86% |
| 3 | SPDW | SPDR INDEX SHS FDS | Unclassified | 14.04% |
| 4 | SPMD | SPDR SERIES TRUST | Unclassified | 6.02% |
| 5 | AVEM | AMERICAN CENTY ETF TR | Unclassified | 5.45% |
| 6 | SPTI | SPDR SERIES TRUST | Unclassified | 4.91% |
| 7 | AVUV | AMERICAN CENTY ETF TR | Unclassified | 3.91% |
| 8 | AVDV | AMERICAN CENTY ETF TR | Unclassified | 3.37% |
| 9 | IDEV | ISHARES TR | Unclassified | 3.29% |
| 10 | IVW | ISHARES TR | Unclassified | 3.08% |
12/63 names classified · sector 2.2% of weight · industry 2.0% · mkt cap 2.2%; 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: 2.2% of the book is sector-classified (unclassified names shown, never dropped).
Only 2% of book weight classified — the grid is NOT representative of the whole book.
Classified: 1.9% of book weight (10/63 names) · unclassified 98.1%: SPYV, SPYG, SPDW, SPMD, AVEM, SPTI, AVUV, AVDV, IDEV, IVW +43 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 | SPYVSPDR SERIES TRUST | 639,848 | $36M | 16.5% | ADD 4% |
| 2 | SPYGSPDR SERIES TRUST STATE STREET SPD | 332,345 | $33M | 14.9% | HOLD |
| 3 | SPDWSPDR INDEX SHS FDS | 673,462 | $31M | 14.0% | HOLD |
| 4 | SPMDSPDR SERIES TRUST | 222,433 | $13M | 6.0% | ADD 2% |
| 5 | AVEMAMERICAN CENTY ETF TR | 148,030 | $12M | 5.4% | ADD 4% |
| 6 | SPTISPDR SERIES TRUST | 374,815 | $11M | 4.9% | ADD 16% |
| 7 | AVUVAMERICAN CENTY ETF TR | 77,420 | $9M | 3.9% | ADD 4% |
| 8 | AVDVAMERICAN CENTY ETF TR | 73,816 | $7M | 3.4% | ADD 3% |
| 9 | IDEVISHARES TR | 86,315 | $7M | 3.3% | HOLD |
| 10 | IVWISHARES TR | 59,697 | $7M | 3.1% | TRIM −11% |
| 11 | SPYMSPDR SERIES TRUST | 75,736 | $6M | 2.6% | NEW |
| 12 | FVDFIRST TR EXCHANGE-TRADED FD | 116,919 | $5M | 2.5% | TRIM −3% |
| 13 | MUNIPIMCO Intermediate Muni Bd Actv - ETF | 54,240 | $3M | 1.3% | HOLD |
| 14 | QQQINVESCO QQQ TR | 4,573 | $3M | 1.2% | TRIM −14% |
| 15 | SPEMSPDR INDEX SHS FDS | 54,089 | $3M | 1.2% | TRIM −4% |
| 16 | ESGUISHARES TR | 17,569 | $2M | 1.1% | HOLD |
| 17 | JMUBJPMORGAN MUNICIPAL ETF | 46,518 | $2M | 1.1% | TRIM −9% |
| 18 | IJHISHARES TR | 33,603 | $2M | 1.0% | TRIM −2% |
| 19 | JMSTJ P MORGAN EXCHANGE TRADED F | 42,836 | $2M | 1.0% | HOLD |
| 20 | DFGXDIMENSIONAL ETF TRUST | 39,022 | $2M | 0.9% | NEW |
| 21 | SPSMSPDR SERIES TRUST | 31,881 | $2M | 0.7% | TRIM −6% |
| 22 | ONEQFIDELITY COMWLTH TR | 18,019 | $2M | 0.7% | TRIM −4% |
| 23 | IJRISHARES TR | 9,998 | $1M | 0.6% | TRIM −7% |
| 24 | IWDISHARES TR | 5,269 | $1M | 0.5% | ADD 13% |
| 25 | IWFISHARES TR | 2,543 | $1M | 0.5% | ADD 37% |
| 26 | ESGDISHARES TR | 10,830 | $1M | 0.5% | HOLD |
| 27 | IWRISHARES TR | 9,780 | $950,909 | 0.4% | ADD 2% |
| 28 | AAPLAPPLE INC | 3,590 | $911,171 | 0.4% | TRIM −54% |
| 29 | DFSVDIMENSIONAL ETF TRUST | 25,040 | $877,402 | 0.4% | ADD 4% |
| 30 | DFEMDIMENSIONAL ETF TRUST | 20,748 | $716,843 | 0.3% | ADD 27% |
| 31 | MUBISHARES TR | 6,297 | $668,427 | 0.3% | NEW |
| 32 | NVDANVIDIA CORPORATION | 3,811 | $664,638 | 0.3% | TRIM −3% |
| 33 | FNXFirst Trust Mid Cap Core AlphaDEX ETF | 4,628 | $593,562 | 0.3% | HOLD |
| 34 | MSFTMICROSOFT CORP | 1,485 | $549,715 | 0.3% | HOLD |
| 35 | AMZNAMAZON COM INC | 2,512 | $523,174 | 0.2% | HOLD |
| 36 | USMVISHARES TR | 5,568 | $516,376 | 0.2% | HOLD |
| 37 | IGIBISHARES TR | 8,449 | $449,656 | 0.2% | NEW |
| 38 | GOOGALPHABET INC | 1,528 | $438,223 | 0.2% | HOLD |
| 39 | VIGVANGUARD SPECIALIZED FUNDS | 2,034 | $437,432 | 0.2% | HOLD |
| 40 | FEMFIRST TR EXCH TRD ALPHDX FD | 14,375 | $430,596 | 0.2% | HOLD |
| 41 | IEMGISHARES INC | 6,095 | $425,126 | 0.2% | TRIM −8% |
| 42 | BRK.BBERKSHIRE HATHAWAY INC DEL | 886 | $424,571 | 0.2% | HOLD |
| 43 | QQQMINVESCO EXCH TRADED FD TR II | 1,758 | $417,736 | 0.2% | TRIM −40% |
| 44 | ESGEISHARES INC | 8,812 | $400,682 | 0.2% | TRIM −2% |
| 45 | DISVDIMENSIONAL ETF TRUST | 9,942 | $392,112 | 0.2% | NEW |
| 46 | SUSCISHARES TR | 16,062 | $371,638 | 0.2% | ADD 4% |
| 47 | RSPINVESCO EXCHANGE TRADED FD T | 1,832 | $351,597 | 0.2% | HOLD |
| 48 | IGSBISHARES TR | 5,992 | $314,940 | 0.1% | NEW |
| 49 | VOOVANGUARD INDEX FDS | 524 | $313,116 | 0.1% | TRIM −5% |
| 50 | SPYSTATE STR SPDR S&P 500 ETF T | 474 | $308,261 | 0.1% | TRIM −16% |
| 51 | ESMLISHARES TR | 6,305 | $296,461 | 0.1% | HOLD |
| 52 | FTCFIRST TR EXCHANGE-TRADED ALP | 1,860 | $286,705 | 0.1% | HOLD |
| 53 | JPMJPMORGAN CHASE & CO | 936 | $275,334 | 0.1% | TRIM −2% |
| 54 | GOOGLALPHABET INC | 957 | $275,195 | 0.1% | HOLD |
| 55 | DCDAKOTA GOLD CORP | 52,736 | $266,317 | 0.1% | HOLD |
| 56 | CATCATERPILLAR INC | 359 | $254,337 | 0.1% | HOLD |
| 57 | SUSBISHARES TR | 9,760 | $244,634 | 0.1% | ADD 3% |
| 58 | XTLSPDR SERIES TRUST | 1,297 | $243,914 | 0.1% | NEW |
| 59 | XLFSELECT SECTOR SPDR TR | 4,206 | $207,650 | 0.1% | HOLD |
| 60 | SPTMSPDR SERIES TRUST | 2,614 | $206,697 | 0.1% | TRIM −50% |
| 61 | EFORASGN INC | 5,258 | $203,537 | 0.1% | HOLD |
| 62 | VTVVANGUARD INDEX FDS | 1,030 | $202,117 | 0.1% | TRIM −6% |
| 63 | FPIFARMLAND PARTNERS INC | 10,400 | $116,792 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYVSPDR SERIES TRUST | 484K | 504K | 564K | 588K | 616K | 640K | $36M |
| SPYGSPDR SERIES TRUST STATE STREET SPD | 318K | 322K | 329K | 321K | 329K | 332K | $33M |
| SPDWSPDR INDEX SHS FDS | 694K | 704K | 662K | 661K | 682K | 673K | $31M |
| SPMDSPDR SERIES TRUST | 197K | 204K | 204K | 208K | 217K | 222K | $13M |
| AVEMAMERICAN CENTY ETF TR | 125K | 141K | 130K | 133K | 142K | 148K | $12M |
| SPTISPDR SERIES TRUST | 209K | 222K | 285K | 305K | 324K | 375K | $11M |
| AVUVAMERICAN CENTY ETF TR | 58K | 65K | 68K | 71K | 75K | 77K | $9M |
| AVDVAMERICAN CENTY ETF TR | 61K | 70K | 65K | 68K | 72K | 74K | $7M |
| IDEVISHARES TR | 88K | 89K | 91K | 90K | 87K | 86K | $7M |
| IVWISHARES TR | 75K | 73K | 72K | 70K | 67K | 60K | $7M |
| SPYMSPDR SERIES TRUST | 25K | 130K | 5K | — | — | 76K | $6M |
| FVDFIRST TR EXCHANGE-TRADED FD | 161K | 156K | 124K | 123K | 121K | 117K | $5M |
| MUNIPIMCO Intermediate Muni Bd Actv - ETF | 29K | 34K | 49K | 53K | 55K | 54K | $3M |
| QQQINVESCO QQQ TR | 6K | 6K | 6K | 5K | 5K | 5K | $3M |
| SPEMSPDR INDEX SHS FDS | 60K | 58K | 57K | 56K | 56K | 54K | $3M |
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.
