CIK 1964389
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% | 8 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPXL | DIREXION SHS ETF TR | Unclassified | 36.93% |
| 2 | GLD | SPDR GOLD TR | Unclassified | 26.54% |
| 3 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 17.60% |
| 4 | QQQ | INVESCO QQQ TR | Unclassified | 11.98% |
| 5 | TQQQ | PROSHARES TR | Unclassified | 4.21% |
| 6 | IBIT | ISHARES BITCOIN TRUST ETF | Unclassified | 1.72% |
| 7 | TMF | DIREXION SHS ETF TR | Unclassified | 0.83% |
| 8 | ETHA | ISHARES ETHEREUM TR | Unclassified | 0.19% |
0/8 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 (0/8 names) · unclassified 100.0%: SPXL, GLD, SPY, QQQ, TQQQ, IBIT, TMF, ETHA. 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 | SPXLDIREXION SHS ETF TR | 2,532,812 | $468M | 36.9% | HOLD |
| 2 | GLDSPDR GOLD TR | 781,981 | $336M | 26.5% | ADD 10% |
| 3 | SPYSTATE STR SPDR S&P 500 ETF T | 343,140 | $223M | 17.6% | HOLD |
| 4 | QQQINVESCO QQQ TR | 263,176 | $152M | 12.0% | HOLD |
| 5 | TQQQPROSHARES TR | 1,279,774 | $53M | 4.2% | ADD 2% |
| 6 | IBITISHARES BITCOIN TRUST ETF | 566,000 | $22M | 1.7% | ADD 20% |
| 7 | TMFDIREXION SHS ETF TR | 292,079 | $11M | 0.8% | ADD 8% |
| 8 | ETHAISHARES ETHEREUM TR | 154,000 | $2M | 0.2% | ADD 28% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPXLDIREXION SHS ETF TR | 2.5M | 2.6M | 2.6M | 2.6M | 2.6M | 2.5M | $468M |
| GLDSPDR GOLD TR | 459K | 523K | 589K | 650K | 711K | 782K | $336M |
| SPYSTATE STR SPDR S&P 500 ETF T | 314K | 326K | 330K | 335K | 338K | 343K | $223M |
| QQQINVESCO QQQ TR | 265K | 269K | 267K | 266K | 265K | 263K | $152M |
| TQQQPROSHARES TR | 446K | 519K | 601K | 578K | 1.2M | 1.3M | $53M |
| IBITISHARES BITCOIN TRUST ETF | — | 317K | 385K | 424K | 472K | 566K | $22M |
| TMFDIREXION SHS ETF TR | 114K | 167K | 205K | 242K | 269K | 292K | $11M |
| ETHAISHARES ETHEREUM TR | — | — | — | 72K | 120K | 154K | $2M |
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.
