CIK 2042508
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 | 96.45% | 44 |
| Oil, Gas & Consumable Fuels | 1.59% | 1 |
| Road & Rail | 1.34% | 1 |
| Specialty Retail | 0.63% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 10.45% |
| 2 | SPDW | SPDR INDEX SHS FDS | Unclassified | 8.84% |
| 3 | XLSR | SSGA ACTIVE TR | Unclassified | 7.48% |
| 4 | FISR | SSGA ACTIVE TR | Unclassified | 7.20% |
| 5 | SPYM | SPDR SERIES TRUST | Unclassified | 6.37% |
| 6 | SPEM | SPDR INDEX SHS FDS | Unclassified | 5.77% |
| 7 | CERY | SPDR SERIES TRUST | Unclassified | 3.11% |
| 8 | IVV | ISHARES TR | Unclassified | 2.87% |
| 9 | TFI | SPDR SERIES TRUST | Unclassified | 2.80% |
| 10 | SPSM | SPDR SERIES TRUST | Unclassified | 2.47% |
3/47 names classified · sector 3.6% of weight · industry 3.6% · mkt cap 3.6%; 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: 3.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 4% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.6% of book weight (3/47 names) · unclassified 96.4%: SPY, SPDW, XLSR, FISR, SPYM, SPEM, CERY, IVV, TFI, SPSM +34 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 | 7,181 | $5M | 10.4% | TRIM −20% |
| 2 | SPDWSPDR INDEX SHS FDS | 86,600 | $4M | 8.8% | TRIM −7% |
| 3 | XLSRSSGA ACTIVE TR | 57,900 | $3M | 7.5% | ADD 3% |
| 4 | FISRSSGA ACTIVE TR | 125,147 | $3M | 7.2% | ADD 28% |
| 5 | SPYMSPDR SERIES TRUST | 37,180 | $3M | 6.4% | ADD 3% |
| 6 | SPEMSPDR INDEX SHS FDS | 54,976 | $3M | 5.8% | HOLD |
| 7 | CERYSPDR SERIES TRUST | 39,447 | $1M | 3.1% | ADD 33% |
| 8 | IVVISHARES TR | 1,966 | $1M | 2.9% | TRIM −2% |
| 9 | TFISPDR SERIES TRUST | 27,622 | $1M | 2.8% | HOLD |
| 10 | SPSMSPDR SERIES TRUST | 22,863 | $1M | 2.5% | TRIM −21% |
| 11 | IEFAISHARES TR | 11,498 | $1M | 2.3% | TRIM −4% |
| 12 | SCHZSCHWAB STRATEGIC TR | 38,382 | $891,230 | 2.0% | ADD 3% |
| 13 | SPMDSPDR SERIES TRUST | 14,152 | $838,063 | 1.9% | TRIM −2% |
| 14 | EMHCSPDR SERIES TRUST | 33,539 | $831,767 | 1.9% | HOLD |
| 15 | GLDSPDR GOLD TR | 1,816 | $781,407 | 1.7% | TRIM −11% |
| 16 | SRLNSSGA ACTIVE ETF TR | 19,107 | $766,936 | 1.7% | ADD 3% |
| 17 | SPLBSPDR SERIES TRUST | 32,863 | $730,216 | 1.6% | ADD 209% |
| 18 | IUSBISHARES TR | 15,618 | $721,395 | 1.6% | HOLD |
| 19 | XOMEXXON MOBIL CORP | 4,184 | $709,857 | 1.6% | HOLD |
| 20 | GWXSPDR INDEX SHS FDS | 16,600 | $701,009 | 1.6% | TRIM −4% |
| 21 | JNKSPDR SER TR | 6,667 | $638,165 | 1.4% | ADD 140% |
| 22 | TIPXSPDR SERIES TRUST | 32,741 | $628,300 | 1.4% | HOLD |
| 23 | QUALISHARES TR | 3,144 | $603,051 | 1.3% | TRIM −18% |
| 24 | UNPUNION PAC CORP | 2,464 | $597,816 | 1.3% | HOLD |
| 25 | SPTLSPDR SERIES TRUST | 22,665 | $596,090 | 1.3% | TRIM −48% |
| 26 | DYNFBLACKROCK ETF TRUST | 9,733 | $566,254 | 1.3% | ADD 13% |
| 27 | EFVISHARES TR | 7,356 | $546,955 | 1.2% | ADD 6% |
| 28 | SPABSPDR SERIES TRUST | 21,291 | $545,475 | 1.2% | ADD 45% |
| 29 | IVWISHARES TR | 4,319 | $488,526 | 1.1% | ADD 8% |
| 30 | MBBISHARES TR | 4,976 | $472,471 | 1.1% | ADD 4% |
| 31 | IXUSISHARES TR | 5,428 | $470,282 | 1.1% | NEW |
| 32 | VOOVANGUARD INDEX FDS | 732 | $437,407 | 1.0% | ADD 3% |
| 33 | EBNDSPDR SERIES TRUST | 20,803 | $429,375 | 1.0% | HOLD |
| 34 | IVEISHARES TR | 1,937 | $408,998 | 0.9% | ADD 20% |
| 35 | IWFISHARES TR | 900 | $383,760 | 0.9% | TRIM −27% |
| 36 | IEMGISHARES INC | 4,852 | $338,427 | 0.8% | ADD 9% |
| 37 | VTVVANGUARD INDEX FDS | 1,665 | $326,673 | 0.7% | ADD 53% |
| 38 | EFGISHARES TR | 2,716 | $302,497 | 0.7% | TRIM −5% |
| 39 | AMZNAMAZON COM INC | 1,350 | $281,164 | 0.6% | HOLD |
| 40 | VOVANGUARD INDEX FDS | 970 | $278,565 | 0.6% | ADD 10% |
| 41 | XTENBONDBLOXX ETF TRUST | 5,832 | $267,456 | 0.6% | ADD 25% |
| 42 | XLGINVESCO EXCHANGE TRADED FD T | 4,700 | $256,385 | 0.6% | ADD 33% |
| 43 | GOVTISHARES TR | 11,078 | $253,797 | 0.6% | HOLD |
| 44 | VBVANGUARD INDEX FDS | 943 | $246,991 | 0.6% | HOLD |
| 45 | BILSPDR SERIES TRUST | 2,662 | $243,946 | 0.5% | NEW |
| 46 | MUBISHARES TR | 2,167 | $230,027 | 0.5% | HOLD |
| 47 | BINCBLACKROCK ETF TRUST II | 4,026 | $209,070 | 0.5% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 15K | 12K | 10K | 9K | 9K | 7K | $5M |
| SPDWSPDR INDEX SHS FDS | 71K | 111K | 58K | 77K | 93K | 87K | $4M |
| XLSRSSGA ACTIVE TR | 55K | 58K | 57K | 57K | 56K | 58K | $3M |
| FISRSSGA ACTIVE TR | 97K | 108K | 134K | 61K | 98K | 125K | $3M |
| SPYMSPDR SERIES TRUST | 41K | 41K | 43K | 38K | 36K | 37K | $3M |
| SPEMSPDR INDEX SHS FDS | 70K | 67K | 46K | 56K | 55K | 55K | $3M |
| CERYSPDR SERIES TRUST | 17K | 40K | 24K | 47K | 30K | 39K | $1M |
| IVVISHARES TR | 6K | 5K | 2K | 2K | 2K | 2K | $1M |
| TFISPDR SERIES TRUST | 26K | 26K | 25K | 25K | 28K | 28K | $1M |
| SPSMSPDR SERIES TRUST | 22K | 11K | 20K | 36K | 29K | 23K | $1M |
| IEFAISHARES TR | 13K | 13K | 12K | 12K | 12K | 11K | $1M |
| SCHZSCHWAB STRATEGIC TR | 39K | 42K | 40K | 37K | 37K | 38K | $891,230 |
| SPMDSPDR SERIES TRUST | 12K | 13K | 14K | 14K | 14K | 14K | $838,063 |
| EMHCSPDR SERIES TRUST | 18K | 31K | 31K | 32K | 33K | 34K | $831,767 |
| GLDSPDR GOLD TR | 4K | 3K | 3K | 2K | 2K | 2K | $781,407 |
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.
