CIK 2011751
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 | 97.41% | 11 |
| Technology Hardware & Equipment | 0.73% | 1 |
| Aerospace & Defense | 0.44% | 1 |
| Specialty Retail | 0.40% | 2 |
| Semiconductors & Semiconductor Equipment | 0.32% | 3 |
| Pharmaceuticals & Biotechnology | 0.21% | 1 |
| Automobiles & Components | 0.20% | 1 |
| Software | 0.15% | 1 |
| Software & IT Services | 0.14% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IVV | ISHARES TR | Unclassified | 32.18% |
| 2 | PYLD | PIMCO MULTISECTOR BOND ACTIVE EXCHANGE-TRADED FUND | Unclassified | 30.30% |
| 3 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 30.12% |
| 4 | XLK | SELECT SECTOR SPDR TR | Unclassified | 2.46% |
| 5 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 1.34% |
| 6 | AAPL | Apple Inc. | Information Technology | 0.73% |
| 7 | RTX | RTX Corp | Industrials | 0.44% |
| 8 | XLE | SELECT SECTOR SPDR TR | Unclassified | 0.32% |
| 9 | COST | COSTCO WHOLESALE CORP /NEW | Consumer Discretionary | 0.27% |
| 10 | XLV | SELECT SECTOR SPDR TR | Unclassified | 0.25% |
12/22 names classified · sector 2.7% of weight · industry 2.6% · mkt cap 2.7%; 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: 2.7% 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: 2.6% of book weight (11/22 names) · unclassified 97.4%: IVV, PYLD, RSP, XLK, SPY, XLE, XLV, IBIT, AGG, ACWI +1 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 | IVVISHARES TR | 148,534 | $97M | 32.2% | TRIM −68% |
| 2 | PYLDPIMCO MULTISECTOR BOND ACTIVE EXCHANGE-TRADED FUND | 3,486,390 | $91M | 30.3% | HOLD |
| 3 | RSPINVESCO EXCHANGE TRADED FD T | 473,160 | $91M | 30.1% | NEW |
| 4 | XLKSELECT SECTOR SPDR TR | 55,868 | $7M | 2.5% | TRIM −23% |
| 5 | SPYSTATE STR SPDR S&P 500 ETF T | 6,215 | $4M | 1.3% | ADD 63% |
| 6 | AAPLAPPLE INC | 8,625 | $2M | 0.7% | TRIM −37% |
| 7 | RTXRTX CORPORATION | 6,950 | $1M | 0.4% | HOLD |
| 8 | XLESELECT SECTOR SPDR TR | 15,713 | $962,578 | 0.3% | NEW |
| 9 | COSTCOSTCO WHSL CORP NEW | 813 | $810,219 | 0.3% | TRIM −21% |
| 10 | XLVSELECT SECTOR SPDR TR | 5,202 | $762,666 | 0.3% | NEW |
| 11 | LLYELI LILLY & CO | 683 | $628,069 | 0.2% | ADD 20% |
| 12 | TSLATESLA INC | 1,617 | $601,119 | 0.2% | ADD 9% |
| 13 | NVDANVIDIA CORPORATION | 2,778 | $484,457 | 0.2% | ADD 19% |
| 14 | IBITISHARES BITCOIN TRUST ETF | 12,548 | $482,091 | 0.2% | TRIM −70% |
| 15 | MSFTMICROSOFT CORP | 1,245 | $461,002 | 0.2% | TRIM −85% |
| 16 | METAMETA PLATFORMS INC | 744 | $425,795 | 0.1% | TRIM −77% |
| 17 | AMZNAMAZON COM INC | 1,848 | $384,855 | 0.1% | TRIM −88% |
| 18 | AGGISHARES TR | 3,543 | $351,735 | 0.1% | HOLD |
| 19 | MUMICRON TECHNOLOGY INC | 798 | $269,716 | 0.1% | TRIM −10% |
| 20 | ACWIISHARES TR | 1,837 | $254,209 | 0.1% | HOLD |
| 21 | TXNTEXAS INSTRS INC | 1,149 | $223,007 | 0.1% | TRIM −27% |
| 22 | BRK.BBERKSHIRE HATHAWAY INC DEL | 430 | $206,258 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IVVISHARES TR | 502K | 512K | 463K | 463K | 461K | 149K | $97M |
| PYLDPIMCO MULTISECTOR BOND ACTIVE EXCHANGE-TRADED FUND | — | 3.2M | 3.2M | 3.4M | 3.5M | 3.5M | $91M |
| RSPINVESCO EXCHANGE TRADED FD T | — | — | — | — | — | 473K | $91M |
| XLKSELECT SECTOR SPDR TR | 4K | — | 33K | — | 72K | 56K | $7M |
| SPYSTATE STR SPDR S&P 500 ETF T | 481K | 463K | 4K | 4K | 4K | 6K | $4M |
| AAPLAPPLE INC | 11K | 16K | 19K | 20K | 14K | 9K | $2M |
| RTXRTX CORPORATION | 12K | 8K | 8K | 7K | 7K | 7K | $1M |
| XLESELECT SECTOR SPDR TR | — | — | — | — | — | 16K | $962,578 |
| COSTCOSTCO WHSL CORP NEW | 1K | 1K | 1K | 1K | 1K | 813 | $810,219 |
| XLVSELECT SECTOR SPDR TR | — | — | — | — | — | 5K | $762,666 |
| LLYELI LILLY & CO | 568 | 569 | 565 | 566 | 567 | 683 | $628,069 |
| TSLATESLA INC | 2K | 2K | 1K | 1K | 1K | 2K | $601,119 |
| NVDANVIDIA CORPORATION | 4K | 3K | 16K | 19K | 2K | 3K | $484,457 |
| IBITISHARES BITCOIN TRUST ETF | 6K | 9K | 26K | 36K | 41K | 13K | $482,091 |
| MSFTMICROSOFT CORP | 2K | 5K | 5K | 6K | 8K | 1K | $461,002 |
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.
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