CIK 2022949
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 | 99.90% | 25 |
| Software | 0.10% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 35.18% |
| 2 | GUNR | FLEXSHARES TR | Unclassified | 21.45% |
| 3 | ACWI | ISHARES TR | Unclassified | 11.83% |
| 4 | VOO | VANGUARD INDEX FDS | Unclassified | 11.16% |
| 5 | AGG | ISHARES TR | Unclassified | 5.12% |
| 6 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 3.01% |
| 7 | VNQ | VANGUARD INDEX FDS | Unclassified | 2.29% |
| 8 | IVV | ISHARES TR | Unclassified | 2.04% |
| 9 | EEM | ISHARES TR | Unclassified | 1.73% |
| 10 | IJH | ISHARES TR | Unclassified | 1.01% |
1/26 names classified · sector 0.1% of weight · industry 0.1% · mkt cap 0.1%; 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: 0.1% 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 (0/26 names) · unclassified 100.0%: SPY, GUNR, ACWI, VOO, AGG, RSP, VNQ, IVV, EEM, IJH +16 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 | 559,878 | $364M | 35.2% | TRIM −31% |
| 2 | GUNRFLEXSHARES TR | 4,024,367 | $222M | 21.4% | HOLD |
| 3 | ACWIISHARES TR | 884,511 | $122M | 11.8% | TRIM −11% |
| 4 | VOOVANGUARD INDEX FDS | 193,200 | $115M | 11.2% | ADD 15% |
| 5 | AGGISHARES TR | 533,732 | $53M | 5.1% | ADD 16% |
| 6 | RSPINVESCO EXCHANGE TRADED FD T | 162,398 | $31M | 3.0% | TRIM −26% |
| 7 | VNQVANGUARD INDEX FDS | 266,709 | $24M | 2.3% | HOLD |
| 8 | IVVISHARES TR | 32,291 | $21M | 2.0% | ADD 12% |
| 9 | EEMISHARES TR | 315,051 | $18M | 1.7% | HOLD |
| 10 | IJHISHARES TR | 154,952 | $10M | 1.0% | HOLD |
| 11 | IJRISHARES TR | 77,859 | $10M | 0.9% | HOLD |
| 12 | CATHGLOBAL X FDS | 121,008 | $9M | 0.9% | HOLD |
| 13 | IEFISHARES TR | 90,719 | $9M | 0.8% | HOLD |
| 14 | EFAISHARES TR | 79,001 | $8M | 0.7% | TRIM −73% |
| 15 | VCSHVANGUARD SCOTTSDALE FDS | 60,560 | $5M | 0.5% | HOLD |
| 16 | ACWXISHARES TR | 53,649 | $4M | 0.4% | ADD 70% |
| 17 | VEUVANGUARD INTL EQUITY INDEX F | 28,669 | $2M | 0.2% | HOLD |
| 18 | VEAVANGUARD TAX-MANAGED FDS | 32,754 | $2M | 0.2% | TRIM −87% |
| 19 | QQQINVESCO QQQ TR | 2,595 | $1M | 0.1% | HOLD |
| 20 | ISRAVANECK ETF TRUST | 18,518 | $1M | 0.1% | HOLD |
| 21 | VIAVIA TRANSN INC | 65,922 | $988,830 | 0.1% | HOLD |
| 22 | SUSAISHARES TR | 4,629 | $611,497 | 0.1% | HOLD |
| 23 | EAGGISHARES TR | 10,239 | $486,846 | 0.0% | HOLD |
| 24 | VWOVANGUARD INTL EQUITY INDEX F | 6,035 | $326,191 | 0.0% | TRIM −35% |
| 25 | GVIISHARES TR | 2,457 | $262,113 | 0.0% | ADD 18% |
| 26 | ESGDISHARES TR | 2,587 | $247,409 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 1.0M | 1.1M | 995K | 844K | 814K | 560K | $364M |
| GUNRFLEXSHARES TR | — | — | — | 4.4M | 4.0M | 4.0M | $222M |
| ACWIISHARES TR | 290K | 453K | 518K | 497K | 999K | 885K | $122M |
| VOOVANGUARD INDEX FDS | 131K | 129K | 134K | 177K | 168K | 193K | $115M |
| AGGISHARES TR | 186K | 207K | 297K | 409K | 461K | 534K | $53M |
| RSPINVESCO EXCHANGE TRADED FD T | — | — | 161K | 222K | 218K | 162K | $31M |
| VNQVANGUARD INDEX FDS | 27K | 27K | 196K | 62K | 271K | 267K | $24M |
| IVVISHARES TR | 58K | 84K | 51K | 29K | 29K | 32K | $21M |
| EEMISHARES TR | 8K | 7K | 8K | 8K | 315K | 315K | $18M |
| IJHISHARES TR | 244K | 245K | 246K | 154K | 155K | 155K | $10M |
| IJRISHARES TR | 110K | 110K | 111K | 77K | 78K | 78K | $10M |
| CATHGLOBAL X FDS | 138K | 132K | 132K | 123K | 120K | 121K | $9M |
| IEFISHARES TR | — | — | 89K | 90K | 91K | 91K | $9M |
| EFAISHARES TR | — | 20K | 154K | 187K | 292K | 79K | $8M |
| VCSHVANGUARD SCOTTSDALE FDS | — | — | — | — | 60K | 61K | $5M |
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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