CIK 1964829
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 | 98.23% | 29 |
| Semiconductors & Semiconductor Equipment | 0.35% | 1 |
| Banks | 0.29% | 1 |
| Technology Hardware & Equipment | 0.26% | 1 |
| Specialty Retail | 0.23% | 2 |
| Software | 0.21% | 1 |
| Insurance | 0.18% | 1 |
| Aerospace & Defense | 0.16% | 1 |
| Software & IT Services | 0.11% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 16.06% |
| 2 | VUG | VANGUARD INDEX FDS | Unclassified | 14.32% |
| 3 | MGV | VANGUARD WORLD FD | Unclassified | 10.86% |
| 4 | VBR | VANGUARD INDEX FDS | Unclassified | 9.18% |
| 5 | QQQM | INVESCO EXCH TRADED FD TR II | Unclassified | 8.95% |
| 6 | VFH | VANGUARD WORLD FD | Unclassified | 6.14% |
| 7 | VCLT | VANGUARD SCOTTSDALE FDS | Unclassified | 3.81% |
| 8 | IGSB | ISHARES TR | Unclassified | 3.62% |
| 9 | FDVV | FIDELITY COVINGTON TRUST | Unclassified | 2.89% |
| 10 | JPIB | J P MORGAN EXCHANGE TRADED F | Unclassified | 2.61% |
9/38 names classified · sector 1.8% of weight · industry 1.8% · mkt cap 1.8%; 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: 1.8% 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: 1.8% of book weight (9/38 names) · unclassified 98.2%: SPY, VUG, MGV, VBR, QQQM, VFH, VCLT, IGSB, FDVV, JPIB +19 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 | SPYSTATE STR SPDR S&P 500 ETF T | 49,866 | $32M | 16.1% | HOLD |
| 2 | VUGVANGUARD INDEX FDS | 66,196 | $29M | 14.3% | HOLD |
| 3 | MGVVANGUARD WORLD FD | 151,239 | $22M | 10.9% | HOLD |
| 4 | VBRVANGUARD INDEX FDS | 85,317 | $19M | 9.2% | HOLD |
| 5 | QQQMINVESCO EXCH TRADED FD TR II | 76,059 | $18M | 9.0% | HOLD |
| 6 | VFHVANGUARD WORLD FD | 102,669 | $12M | 6.1% | HOLD |
| 7 | VCLTVANGUARD SCOTTSDALE FDS | 103,011 | $8M | 3.8% | TRIM −3% |
| 8 | IGSBISHARES TR | 138,988 | $7M | 3.6% | TRIM −2% |
| 9 | FDVVFIDELITY COVINGTON TRUST | 105,667 | $6M | 2.9% | TRIM −4% |
| 10 | JPIBJ P MORGAN EXCHANGE TRADED F | 109,996 | $5M | 2.6% | HOLD |
| 11 | SPHYSPDR SERIES TRUST | 210,426 | $5M | 2.4% | HOLD |
| 12 | SPSBSPDR SERIES TRUST | 161,212 | $5M | 2.4% | HOLD |
| 13 | JPIEJ P MORGAN EXCHANGE TRADED F | 100,326 | $5M | 2.3% | HOLD |
| 14 | BIVVANGUARD BD INDEX FDS | 53,609 | $4M | 2.0% | HOLD |
| 15 | XSMOINVESCO EXCHANGE TRADED FD T | 52,782 | $4M | 2.0% | TRIM −5% |
| 16 | QQQINVESCO QQQ TR | 5,915 | $3M | 1.7% | ADD 2% |
| 17 | IMCGISHARES TR | 38,935 | $3M | 1.5% | HOLD |
| 18 | JMUBJPMORGAN MUNICIPAL ETF | 55,401 | $3M | 1.4% | TRIM −3% |
| 19 | IWFISHARES TR | 5,557 | $2M | 1.2% | TRIM −6% |
| 20 | SPSMSPDR SERIES TRUST | 37,011 | $2M | 0.9% | TRIM −4% |
| 21 | IAUISHARES GOLD TR | 14,344 | $1M | 0.6% | HOLD |
| 22 | NVDANVIDIA CORPORATION | 3,999 | $697,528 | 0.3% | ADD 5% |
| 23 | JEPQJ P MORGAN EXCHANGE TRADED F | 10,706 | $594,415 | 0.3% | HOLD |
| 24 | FCNCAFIRST CTZNS BANCSHARES INC D | 308 | $581,672 | 0.3% | HOLD |
| 25 | SLVOUBS AG | 6,516 | $579,014 | 0.3% | TRIM −3% |
| 26 | AAPLAPPLE INC | 2,065 | $524,112 | 0.3% | ADD 4% |
| 27 | MSFTMICROSOFT CORP | 1,144 | $423,862 | 0.2% | HOLD |
| 28 | AFLAFLAC INC | 3,256 | $357,318 | 0.2% | HOLD |
| 29 | GLDSPDR GOLD TR | 757 | $325,730 | 0.2% | HOLD |
| 30 | GDGENERAL DYNAMICS CORP | 919 | $315,432 | 0.2% | HOLD |
| 31 | DIASPDR DOW JONES INDL AVERAGE | 645 | $299,144 | 0.1% | NEW |
| 32 | IVVISHARES TR | 418 | $273,305 | 0.1% | HOLD |
| 33 | SPYINEOS ETF TRUST | 4,946 | $244,184 | 0.1% | HOLD |
| 34 | AMZNAMAZON COM INC | 1,155 | $240,552 | 0.1% | HOLD |
| 35 | GOOGALPHABET INC | 775 | $222,331 | 0.1% | HOLD |
| 36 | WMTWALMART INC | 1,737 | $215,896 | 0.1% | NEW |
| 37 | RWLInvesco S&P 500 Revenue ETF | 1,828 | $210,075 | 0.1% | TRIM −2% |
| 38 | FTECFIDELITY COVINGTON TRUST | 968 | $201,516 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 57K | 57K | 57K | 51K | 51K | 50K | $32M |
| VUGVANGUARD INDEX FDS | 54K | 62K | 63K | 66K | 66K | 66K | $29M |
| MGVVANGUARD WORLD FD | 159K | 165K | 168K | 150K | 151K | 151K | $22M |
| VBRVANGUARD INDEX FDS | — | — | — | 84K | 85K | 85K | $19M |
| QQQMINVESCO EXCH TRADED FD TR II | 78K | 75K | 75K | 78K | 77K | 76K | $18M |
| VFHVANGUARD WORLD FD | 29K | 93K | 95K | 103K | 103K | 103K | $12M |
| VCLTVANGUARD SCOTTSDALE FDS | 64K | 128K | 128K | 104K | 106K | 103K | $8M |
| IGSBISHARES TR | — | 134K | 137K | 141K | 143K | 139K | $7M |
| FDVVFIDELITY COVINGTON TRUST | 103K | 113K | 117K | 112K | 110K | 106K | $6M |
| JPIBJ P MORGAN EXCHANGE TRADED F | 86K | 102K | 102K | 110K | 111K | 110K | $5M |
| SPHYSPDR SERIES TRUST | 115K | 203K | 205K | 211K | 214K | 210K | $5M |
| SPSBSPDR SERIES TRUST | — | — | — | 160K | 163K | 161K | $5M |
| JPIEJ P MORGAN EXCHANGE TRADED F | 93K | 108K | 109K | 100K | 102K | 100K | $5M |
| BIVVANGUARD BD INDEX FDS | — | — | — | 53K | 54K | 54K | $4M |
| XSMOINVESCO EXCHANGE TRADED FD T | 262K | 277K | 282K | 59K | 56K | 53K | $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.
