CIK 2026217
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 | 60.88% | 4 |
| Utilities | 13.43% | 1 |
| Health Care Providers & Services | 12.10% | 1 |
| Capital Markets | 7.70% | 2 |
| Aerospace & Defense | 5.89% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 38.15% |
| 2 | IEMG | ISHARES INC | Unclassified | 14.73% |
| 3 | NEE | NEXTERA ENERGY INC | Utilities | 13.43% |
| 4 | SHC | Sotera Health Co | Health Care | 12.10% |
| 5 | TDG | TransDigm Group INC | Industrials | 5.89% |
| 6 | STEP | StepStone Group Inc. | Financials | 5.67% |
| 7 | URTH | ISHARES INC | Unclassified | 5.55% |
| 8 | EVTL | VERTICAL AEROSPACE LTD | Unclassified | 2.45% |
| 9 | RPC | Ridgepost Capital, Inc. | Financials | 2.03% |
5/9 names classified · sector 39.1% of weight · industry 39.1% · mkt cap 39.1%; 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: 39.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 33% of book weight classified — the grid is NOT representative of the whole book.
Classified: 33.4% of book weight (4/9 names) · unclassified 66.6%: VEA, IEMG, STEP, URTH, EVTL. 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 | VEAVANGUARD TAX-MANAGED FDS | 1,171,437 | $75M | 38.2% | HOLD |
| 2 | IEMGISHARES INC | 415,605 | $29M | 14.7% | HOLD |
| 3 | NEENEXTERA ENERGY INC | 284,500 | $26M | 13.4% | ADD 9% |
| 4 | SHCSOTERA HEALTH CO | 1,660,128 | $24M | 12.1% | ADD 42% |
| 5 | TDGTRANSDIGM GROUP INC | 10,000 | $12M | 5.9% | ADD 30% |
| 6 | STEPSTEPSTONE GROUP INC | 233,729 | $11M | 5.7% | NEW |
| 7 | URTHISHARES INC | 60,650 | $11M | 5.5% | HOLD |
| 8 | EVTLVERTICAL AEROSPACE LTD | 2,181,883 | $5M | 2.5% | ADD 64% |
| 9 | RPCP10 INC | 550,000 | $4M | 2.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| VEAVANGUARD TAX-MANAGED FDS | — | 521K | 1.2M | 1.2M | 1.2M | 1.2M | $75M |
| IEMGISHARES INC | 416K | 416K | 416K | 416K | 416K | 416K | $29M |
| NEENEXTERA ENERGY INC | 260K | 260K | 260K | 260K | 260K | 285K | $26M |
| SHCSOTERA HEALTH CO | 597K | 597K | 597K | 973K | 1.2M | 1.7M | $24M |
| TDGTRANSDIGM GROUP INC | — | — | — | — | 8K | 10K | $12M |
| STEPSTEPSTONE GROUP INC | — | — | — | — | — | 234K | $11M |
| URTHISHARES INC | — | 61K | 61K | 61K | 61K | 61K | $11M |
| EVTLVERTICAL AEROSPACE LTD | — | 330K | 330K | 530K | 1.3M | 2.2M | $5M |
| RPCP10 INC | — | — | — | — | — | 550K | $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.
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