CIK 2035872
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 | 99.60% | 32 |
| Software | 0.17% | 1 |
| Health Care Providers & Services | 0.13% | 1 |
| Media & Entertainment | 0.10% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | QUAL | ISHARES TR | Unclassified | 21.40% |
| 2 | QQQ | INVESCO QQQ TR | Unclassified | 20.99% |
| 3 | IAU | ISHARES GOLD TR | Unclassified | 17.03% |
| 4 | IQLT | ISHARES TR | Unclassified | 10.16% |
| 5 | IVV | ISHARES TR | Unclassified | 9.79% |
| 6 | IWR | ISHARES TR | Unclassified | 6.43% |
| 7 | VLUE | ISHARES TR | Unclassified | 4.87% |
| 8 | IWM | ISHARES TR | Unclassified | 1.20% |
| 9 | MTUM | ISHARES TR | Unclassified | 1.19% |
| 10 | IWF | ISHARES TR | Unclassified | 0.97% |
3/35 names classified · sector 0.4% of weight · industry 0.4% · mkt cap 0.4%; 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: 0.4% 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: 0.2% of book weight (2/35 names) · unclassified 99.8%: QUAL, QQQ, IAU, IQLT, IVV, IWR, VLUE, IWM, MTUM, IWF +23 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 | QUALISHARES TR | 249,841 | $48M | 21.4% | ADD 4% |
| 2 | QQQINVESCO QQQ TR | 81,425 | $47M | 21.0% | ADD 3% |
| 3 | IAUISHARES GOLD TR | 432,527 | $38M | 17.0% | TRIM −48% |
| 4 | IQLTISHARES TR | 492,153 | $23M | 10.2% | TRIM −48% |
| 5 | IVVISHARES TR | 33,552 | $22M | 9.8% | ADD 5% |
| 6 | IWRISHARES TR | 148,081 | $14M | 6.4% | ADD 362% |
| 7 | VLUEISHARES TR | 76,733 | $11M | 4.9% | NEW |
| 8 | IWMISHARES TR | 10,861 | $3M | 1.2% | HOLD |
| 9 | MTUMISHARES TR | 11,128 | $3M | 1.2% | ADD 2% |
| 10 | IWFISHARES TR | 5,093 | $2M | 1.0% | TRIM −95% |
| 11 | EFGISHARES TR | 12,009 | $1M | 0.6% | ADD 10% |
| 12 | IEMGISHARES INC | 18,343 | $1M | 0.6% | ADD 16% |
| 13 | FBTCFIDELITY WISE ORIGIN BITCOIN | 18,682 | $1M | 0.5% | HOLD |
| 14 | VUSBVANGUARD BD INDEX FDS | 12,630 | $628,808 | 0.3% | HOLD |
| 15 | IVWISHARES TR | 5,508 | $623,005 | 0.3% | ADD 32% |
| 16 | USFRWISDOMTREE TR | 12,365 | $622,431 | 0.3% | HOLD |
| 17 | DYNFBLACKROCK ETF TRUST | 10,649 | $619,552 | 0.3% | ADD 37% |
| 18 | EFVISHARES TR | 7,996 | $594,516 | 0.3% | ADD 27% |
| 19 | TLTISHARES TR | 6,679 | $579,008 | 0.3% | ADD 3% |
| 20 | SPLVINVESCO EXCH TRADED FD TR II | 6,955 | $508,720 | 0.2% | ADD 3% |
| 21 | JPSTJ P MORGAN EXCHANGE TRADED F | 9,439 | $477,706 | 0.2% | HOLD |
| 22 | VGSHVANGUARD SHORT-TERM TREASURY ETF | 7,571 | $443,191 | 0.2% | HOLD |
| 23 | AGGISHARES TR | 4,352 | $431,975 | 0.2% | ADD 2% |
| 24 | LQDISHARES TR | 3,938 | $429,256 | 0.2% | ADD 2% |
| 25 | IVEISHARES TR | 1,957 | $413,271 | 0.2% | ADD 45% |
| 26 | QQQMINVESCO EXCH TRADED FD TR II | 1,730 | $411,164 | 0.2% | HOLD |
| 27 | PULSPGIM ETF TR | 7,941 | $393,084 | 0.2% | HOLD |
| 28 | BILSPDR SERIES TRUST | 4,205 | $385,301 | 0.2% | HOLD |
| 29 | IDEVISHARES TR | 4,555 | $380,663 | 0.2% | HOLD |
| 30 | RBRKRUBRIK INC. | 7,563 | $370,360 | 0.2% | ADD 31% |
| 31 | HIMSHIMS & HERS HEALTH INC | 13,997 | $290,578 | 0.1% | HOLD |
| 32 | EMXCISHARES INC | 3,557 | $279,818 | 0.1% | ADD 9% |
| 33 | ESGUISHARES TR | 1,936 | $273,824 | 0.1% | TRIM −35% |
| 34 | MINTPIMCO ETF TR | 2,254 | $226,732 | 0.1% | HOLD |
| 35 | NFLXNETFLIX INC | 2,350 | $225,953 | 0.1% | TRIM −18% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| QUALISHARES TR | 207K | 29K | 245K | 245K | 240K | 250K | $48M |
| QQQINVESCO QQQ TR | 108K | 12K | 84K | 82K | 79K | 81K | $47M |
| IAUISHARES GOLD TR | — | 422K | 644K | 638K | 834K | 433K | $38M |
| IQLTISHARES TR | — | — | 974K | 968K | 943K | 492K | $23M |
| IVVISHARES TR | 72K | 75K | 31K | 30K | 32K | 34K | $22M |
| IWRISHARES TR | 395K | 37K | 32K | 32K | 32K | 148K | $14M |
| VLUEISHARES TR | — | — | — | — | — | 77K | $11M |
| IWMISHARES TR | 179K | 11K | 11K | 11K | 11K | 11K | $3M |
| MTUMISHARES TR | 175K | 11K | 11K | 11K | 11K | 11K | $3M |
| IWFISHARES TR | 67K | 11K | 103K | 102K | 98K | 5K | $2M |
| EFGISHARES TR | — | 251K | 12K | 10K | 11K | 12K | $1M |
| IEMGISHARES INC | — | 478K | 18K | 15K | 16K | 18K | $1M |
| FBTCFIDELITY WISE ORIGIN BITCOIN | 18K | 18K | 19K | 19K | 19K | 19K | $1M |
| VUSBVANGUARD BD INDEX FDS | 12K | 12K | 12K | 12K | 13K | 13K | $628,808 |
| IVWISHARES TR | — | 3K | 3K | 4K | 4K | 6K | $623,005 |
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.
