CIK 1971427
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 | 75.47% | 73 |
| Metals & Mining | 4.13% | 7 |
| Semiconductors & Semiconductor Equipment | 3.34% | 4 |
| Oil, Gas & Consumable Fuels | 2.87% | 5 |
| Construction & Engineering | 2.17% | 3 |
| Electrical Equipment & Components | 2.05% | 2 |
| Specialty Retail | 1.98% | 3 |
| Aerospace & Defense | 1.64% | 3 |
| Distributors | 1.25% | 2 |
| Equity Real Estate Investment Trusts (REITs) | 1.07% | 2 |
| Software | 1.05% | 2 |
| Utilities | 0.99% | 3 |
| Capital Markets | 0.56% | 2 |
| Machinery | 0.52% | 1 |
| Technology Hardware & Equipment | 0.20% | 1 |
| Beverages | 0.19% | 1 |
| Automobiles & Components | 0.18% | 1 |
| Hotels, Restaurants & Leisure | 0.17% | 1 |
| Food & Staples Retailing | 0.17% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | JQUA | J P MORGAN EXCHANGE TRADED F | Unclassified | 7.48% |
| 2 | GLD | SPDR GOLD TR | Unclassified | 6.48% |
| 3 | IWP | ISHARES TR | Unclassified | 5.72% |
| 4 | OIH | VANECK ETF TRUST | Unclassified | 4.55% |
| 5 | OUNZ | VanEck Merk Gold Trust | Unclassified | 3.86% |
| 6 | SPLV | INVESCO EXCH TRADED FD TR II | Unclassified | 3.76% |
| 7 | SCHV | SCHWAB STRATEGIC TR | Unclassified | 3.63% |
| 8 | GOF | GUGGENHEIM STRATEGIC OPPORTU | Unclassified | 3.20% |
| 9 | EZU | ISHARES INC MSCI EURZONE ETF | Unclassified | 2.86% |
| 10 | QLTA | ISHARES TR | Unclassified | 1.74% |
45/117 names classified · sector 25.5% of weight · industry 24.5% · mkt cap 22.8%; 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: 25.5% of the book is sector-classified (unclassified names shown, never dropped).
Only 22% of book weight classified — the grid is NOT representative of the whole book.
Classified: 21.5% of book weight (37/117 names) · unclassified 78.5%: JQUA, GLD, IWP, OIH, OUNZ, SPLV, SCHV, GOF, EZU, QLTA +70 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 | JQUAJ P MORGAN EXCHANGE TRADED F | 197,028 | $12M | 7.5% | ADD 6% |
| 2 | GLDSPDR GOLD TR | 24,344 | $10M | 6.5% | ADD 6% |
| 3 | IWPISHARES TR | 72,101 | $9M | 5.7% | HOLD |
| 4 | OIHVANECK ETF TRUST | 18,177 | $7M | 4.5% | NEW |
| 5 | OUNZVanEck Merk Gold Trust | 138,452 | $6M | 3.9% | HOLD |
| 6 | SPLVINVESCO EXCH TRADED FD TR II | 83,141 | $6M | 3.8% | ADD 4% |
| 7 | SCHVSCHWAB STRATEGIC TR | 192,535 | $6M | 3.6% | TRIM −4% |
| 8 | GOFGUGGENHEIM STRATEGIC OPPORTU | 469,379 | $5M | 3.2% | ADD 2% |
| 9 | EZUISHARES INC MSCI EURZONE ETF | 73,680 | $5M | 2.9% | HOLD |
| 10 | QLTAISHARES TR | 59,099 | $3M | 1.7% | ADD 4% |
| 11 | NVDANVIDIA CORPORATION | 15,275 | $3M | 1.6% | TRIM −30% |
| 12 | URNMSPROTT FDS TR | 35,966 | $2M | 1.4% | ADD 5% |
| 13 | IAUISHARES GOLD TR | 24,759 | $2M | 1.4% | HOLD |
| 14 | CNXCNX RES CORP | 55,393 | $2M | 1.3% | HOLD |
| 15 | SPMOInvesco ETF Trust II - S&P500 Momentum ETF | 18,298 | $2M | 1.3% | HOLD |
| 16 | VMBSVANGUARD SCOTTSDALE FDS | 40,577 | $2M | 1.2% | HOLD |
| 17 | VCITVANGUARD SCOTTSDALE FDS | 22,532 | $2M | 1.2% | HOLD |
| 18 | BILSPDR SERIES TRUST | 19,931 | $2M | 1.1% | ADD 30% |
| 19 | TBILRBB FD INC | 35,938 | $2M | 1.1% | NEW |
| 20 | SPTLSPDR SERIES TRUST | 68,115 | $2M | 1.1% | TRIM −3% |
| 21 | GEGE AEROSPACE | 5,962 | $2M | 1.0% | HOLD |
| 22 | FESMFIDELITY COVINGTON TRUST | 44,051 | $2M | 1.0% | ADD 45% |
| 23 | SCHDSCHWAB STRATEGIC TR | 53,893 | $2M | 1.0% | TRIM −25% |
| 24 | GEVGE VERNOVA INC | 1,851 | $2M | 1.0% | ADD 71% |
| 25 | VLOVALERO ENERGY CORP | 6,509 | $2M | 1.0% | ADD 83% |
| 26 | BRK.BBERKSHIRE HATHAWAY INC DEL | 3,252 | $2M | 1.0% | TRIM −18% |
| 27 | WPMWHEATON PRECIOUS METALS CORP | 11,683 | $2M | 0.9% | HOLD |
| 28 | GLWCORNING INC | 11,256 | $2M | 0.9% | HOLD |
| 29 | FIXCOMFORT SYS USA INC | 1,080 | $1M | 0.9% | HOLD |
| 30 | NZFNUVEEN MUNICIPAL CREDIT INC | 118,308 | $1M | 0.9% | ADD 9% |
| 31 | CEFSPROTT ASSET MANAGEMENT LP | 29,767 | $1M | 0.9% | HOLD |
| 32 | WMTWALMART INC | 10,868 | $1M | 0.8% | TRIM −3% |
| 33 | VTEBVANGUARD MUN BD FDS | 26,249 | $1M | 0.8% | TRIM −29% |
| 34 | BTTBLACKROCK MUN TARGET TERM TR | 56,975 | $1M | 0.8% | ADD 99% |
| 35 | MCKMCKESSON CORP | 1,485 | $1M | 0.8% | HOLD |
| 36 | VLUEISHARES TR | 8,940 | $1M | 0.8% | NEW |
| 37 | KTOSKRATOS DEFENSE & SEC SOLUTIO | 17,651 | $1M | 0.8% | TRIM −16% |
| 38 | COSTCOSTCO WHSL CORP NEW | 1,226 | $1M | 0.8% | TRIM −32% |
| 39 | MUBISHARES TR | 11,495 | $1M | 0.8% | TRIM −5% |
| 40 | AVGOBROADCOM INC | 3,942 | $1M | 0.8% | TRIM −24% |
| 41 | AHRAMERICAN HEALTHCARE REIT INC | 25,330 | $1M | 0.7% | HOLD |
| 42 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 3,504 | $1M | 0.7% | TRIM −26% |
| 43 | MSFTMICROSOFT CORP | 3,158 | $1M | 0.7% | TRIM −42% |
| 44 | BBNBLACKROCK TAX MUNICPAL BD TR | 71,390 | $1M | 0.7% | NEW |
| 45 | AGXARGAN INC | 2,090 | $1M | 0.7% | ADD 3% |
| 46 | IHAKISHARES TR | 26,072 | $1M | 0.7% | TRIM −5% |
| 47 | GDXVANECK ETF TRUST GOLD MINERS ETF | 11,449 | $1M | 0.7% | ADD 5% |
| 48 | AGIALAMOS GOLD INC NEW | 23,153 | $1M | 0.6% | ADD 2% |
| 49 | DESWISDOMTREE TR | 26,318 | $945,883 | 0.6% | HOLD |
| 50 | MUNIPIMCO Intermediate Muni Bd Actv - ETF | 17,910 | $934,734 | 0.6% | ADD 24% |
| 51 | SCHGSCHWAB U.S. LARGE-CAP GROWTH ETF | 31,894 | $929,063 | 0.6% | TRIM −59% |
| 52 | SGOVISHARES TR | 9,198 | $925,909 | 0.6% | ADD 97% |
| 53 | IESCIES HLDGS INC | 1,843 | $878,134 | 0.5% | ADD 2% |
| 54 | BWXTBWX TECHNOLOGIES INC | 4,105 | $839,459 | 0.5% | HOLD |
| 55 | VCSHVANGUARD SCOTTSDALE FDS | 10,170 | $806,188 | 0.5% | HOLD |
| 56 | VTIVANGUARD INDEX FDS | 2,415 | $774,770 | 0.5% | HOLD |
| 57 | VONGVANGUARD SCOTTSDALE FDS | 6,830 | $749,183 | 0.5% | HOLD |
| 58 | CAHCARDINAL HEALTH INC | 3,489 | $737,172 | 0.5% | HOLD |
| 59 | LITGLOBAL X FDS | 9,822 | $730,266 | 0.5% | NEW |
| 60 | NEMNEWMONT CORP | 6,674 | $722,426 | 0.4% | TRIM −2% |
| 61 | VGKVANGUARD INTL EQUITY INDEX F | 8,759 | $722,029 | 0.4% | HOLD |
| 62 | HIIHUNTINGTON INGALLS INDS INC | 1,891 | $718,289 | 0.4% | NEW |
| 63 | MPCMARATHON PETE CORP | 2,929 | $715,171 | 0.4% | NEW |
| 64 | ITMVANECK ETF TRUST | 14,987 | $695,866 | 0.4% | ADD 6% |
| 65 | IBKRINTERACTIVE BROKERS GROUP IN | 10,353 | $694,358 | 0.4% | ADD 2% |
| 66 | SBSWSIBANYE STILLWATER LTD | 56,145 | $691,706 | 0.4% | ADD 4% |
| 67 | ATROASTRONICS CORP | 10,311 | $688,068 | 0.4% | ADD 5% |
| 68 | PIZINVESCO EXCH TRADED FD TR II | 13,757 | $681,228 | 0.4% | NEW |
| 69 | HWMHOWMET AEROSPACE INC | 2,876 | $662,795 | 0.4% | HOLD |
| 70 | DUKDUKE ENERGY CORP NEW | 4,780 | $625,955 | 0.4% | TRIM −6% |
| 71 | FIVEFIVE BELOW INC | 2,715 | $620,323 | 0.4% | NEW |
| 72 | SRESEMPRA | 6,032 | $586,129 | 0.4% | NEW |
| 73 | AFBALLIANCEBERNSTEIN NATL MUN I | 53,350 | $570,312 | 0.4% | NEW |
| 74 | VMOINVESCO MUN OPPORTUNITY TR | 57,915 | $550,770 | 0.3% | ADD 13% |
| 75 | SHOPSHOPIFY INC | 4,466 | $529,767 | 0.3% | ADD 5% |
| 76 | FPIFARMLAND PARTNERS INC | 46,921 | $526,924 | 0.3% | HOLD |
| 77 | FCXFREEPORT MCMORAN INC | 8,681 | $510,263 | 0.3% | HOLD |
| 78 | VGSHVANGUARD SHORT-TERM TREASURY ETF | 8,586 | $502,640 | 0.3% | HOLD |
| 79 | IJKISHARES TR | 4,901 | $493,139 | 0.3% | HOLD |
| 80 | VNQVANGUARD INDEX FDS | 5,535 | $490,941 | 0.3% | ADD 14% |
| 81 | SUBISHARES TR | 4,512 | $480,505 | 0.3% | TRIM −23% |
| 82 | MHDBLACKROCK MUNIHOLDINGS FD IN | 42,250 | $476,580 | 0.3% | NEW |
| 83 | GOVTISHARES TR | 20,781 | $476,099 | 0.3% | HOLD |
| 84 | TLTISHARES TR | 5,469 | $474,108 | 0.3% | HOLD |
| 85 | XLUSELECT SECTOR SPDR TR | 10,180 | $467,160 | 0.3% | ADD 108% |
| 86 | PAVEGLOBAL X FDS | 9,073 | $460,999 | 0.3% | NEW |
| 87 | BCDABRDN ETFS | 12,448 | $445,398 | 0.3% | ADD 21% |
| 88 | IJRISHARES TR | 3,427 | $426,001 | 0.3% | HOLD |
| 89 | XMLVINVESCO EXCH TRADED FD TR II | 6,237 | $392,745 | 0.2% | HOLD |
| 90 | KMIKINDER MORGAN INC DEL | 11,631 | $389,987 | 0.2% | NEW |
| 91 | IVWISHARES TR | 3,383 | $382,640 | 0.2% | HOLD |
| 92 | XCEMCOLUMBIA ETF TR II | 8,246 | $336,522 | 0.2% | NEW |
| 93 | AAPLAPPLE INC | 1,300 | $329,936 | 0.2% | TRIM −58% |
| 94 | IEIISHARES TR | 2,760 | $327,364 | 0.2% | TRIM −7% |
| 95 | MUMICRON TECHNOLOGY INC | 967 | $326,749 | 0.2% | ADD 4% |
| 96 | SLVISHARES SILVER TR | 4,712 | $321,076 | 0.2% | ADD 24% |
| 97 | IVVISHARES TR | 484 | $316,154 | 0.2% | TRIM −38% |
| 98 | PEPPEPSICO INC | 1,987 | $308,604 | 0.2% | TRIM −18% |
| 99 | VIGVANGUARD SPECIALIZED FUNDS | 1,415 | $304,310 | 0.2% | HOLD |
| 100 | TSLATESLA INC | 802 | $298,144 | 0.2% | TRIM −39% |
| 101 | SPYSTATE STR SPDR S&P 500 ETF T | 440 | $286,150 | 0.2% | TRIM −12% |
| 102 | IJJISHARES TR | 2,150 | $284,875 | 0.2% | HOLD |
| 103 | SBUXSTARBUCKS CORP | 3,137 | $281,044 | 0.2% | TRIM −8% |
| 104 | JHSHANCOCK JOHN INCOME SECS TR | 25,657 | $280,688 | 0.2% | ADD 34% |
| 105 | CVSCVS HEALTH CORP | 3,765 | $270,402 | 0.2% | TRIM −11% |
| 106 | VBFINVESCO BD FD | 17,310 | $259,650 | 0.2% | NEW |
| 107 | VEUVANGUARD INTL EQUITY INDEX F | 3,410 | $256,066 | 0.2% | HOLD |
| 108 | FXHFIRST TR EXCHANGE TRADED FD | 1,990 | $218,442 | 0.1% | NEW |
| 109 | TFPMTRIPLE FLAG PRECIOUS METAL | 5,972 | $207,293 | 0.1% | NEW |
| 110 | CTRACOTERRA ENERGY INC | 5,876 | $206,476 | 0.1% | NEW |
| 111 | XLPSELECT SECTOR SPDR TR | 2,512 | $205,934 | 0.1% | NEW |
| 112 | XLKSELECT SECTOR SPDR TR | 1,540 | $204,666 | 0.1% | NEW |
| 113 | EIMEATON VANCE MUN BD FD | 17,000 | $166,090 | 0.1% | ADD 17% |
| 114 | RIGTRANSOCEAN LTD | 17,438 | $115,614 | 0.1% | HOLD |
| 115 | NPCTNUVEEN CORE PLUS IMPACT FUND | 10,050 | $102,410 | 0.1% | NEW |
| 116 | IQIINVESCO QUALITY MUN INCOME T | 10,000 | $96,200 | 0.1% | HOLD |
| 117 | BTEBAYTEX ENERGY CORP | 15,091 | $67,457 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| JQUAJ P MORGAN EXCHANGE TRADED F | 139K | 143K | 179K | 192K | 185K | 197K | $12M |
| GLDSPDR GOLD TR | 24K | 23K | 23K | 24K | 23K | 24K | $10M |
| IWPISHARES TR | 57K | 57K | 71K | 73K | 71K | 72K | $9M |
| OIHVANECK ETF TRUST | — | — | — | — | — | 18K | $7M |
| OUNZVanEck Merk Gold Trust | 133K | 138K | 140K | 143K | 136K | 138K | $6M |
| SPLVINVESCO EXCH TRADED FD TR II | 67K | 138K | 80K | 83K | 80K | 83K | $6M |
| SCHVSCHWAB STRATEGIC TR | 198K | 206K | 206K | 208K | 201K | 193K | $6M |
| GOFGUGGENHEIM STRATEGIC OPPORTU | 372K | 213K | 445K | 456K | 458K | 469K | $5M |
| EZUISHARES INC MSCI EURZONE ETF | — | 5K | 74K | 74K | 73K | 74K | $5M |
| QLTAISHARES TR | 51K | 55K | 55K | 57K | 57K | 59K | $3M |
| NVDANVIDIA CORPORATION | 35K | 15K | 22K | 23K | 22K | 15K | $3M |
| URNMSPROTT FDS TR | 34K | 33K | 33K | 36K | 34K | 36K | $2M |
| IAUISHARES GOLD TR | 10K | 15K | 25K | 25K | 25K | 25K | $2M |
| CNXCNX RES CORP | 60K | 56K | 57K | 57K | 55K | 55K | $2M |
| SPMOInvesco ETF Trust II - S&P500 Momentum ETF | 6K | 3K | 10K | 13K | 18K | 18K | $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.
