CIK 2048733
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 | 14.67% | 14 |
| Banks | 9.94% | 3 |
| Software & IT Services | 9.66% | 3 |
| Oil, Gas & Consumable Fuels | 8.95% | 2 |
| Pharmaceuticals & Biotechnology | 8.83% | 3 |
| Technology Hardware & Equipment | 7.93% | 2 |
| Insurance | 6.87% | 2 |
| Specialty Retail | 6.39% | 2 |
| Tobacco | 5.46% | 1 |
| Commercial Services & Supplies | 4.93% | 1 |
| Utilities | 4.33% | 3 |
| Road & Rail | 3.28% | 1 |
| Chemicals | 3.10% | 2 |
| Hotels, Restaurants & Leisure | 2.92% | 1 |
| Beverages | 1.78% | 2 |
| Semiconductors & Semiconductor Equipment | 0.38% | 1 |
| Diversified Telecommunication Services | 0.31% | 1 |
| Software | 0.27% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WMT | Walmart Inc. | Consumer Discretionary | 6.17% |
| 2 | PM | Philip Morris International Inc. | Consumer Staples | 5.46% |
| 3 | GOOG | Alphabet Inc. | Communication Services | 5.42% |
| 4 | MA | Mastercard Inc | Financials | 4.93% |
| 5 | JNJ | JOHNSON & JOHNSON | Health Care | 4.88% |
| 6 | TRV | TRAVELERS COMPANIES, INC. | Financials | 4.73% |
| 7 | COP | CONOCOPHILLIPS | Energy | 4.65% |
| 8 | WFC | WELLS FARGO & COMPANY/MN | Financials | 4.58% |
| 9 | AAPL | Apple Inc. | Information Technology | 4.36% |
| 10 | XOM | EXXON MOBIL CORP | Energy | 4.30% |
32/45 names classified · sector 89.5% of weight · industry 85.3% · mkt cap 87.9%; 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: 89.5% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 79.8% of book weight (28/45 names) · unclassified 20.2%: BRK.B, EPD, VTI, VOO, DEO, VUSB, IWF, IWD, PFF, XLK +7 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 | WMTWALMART INC | 62,860 | $8M | 6.2% | HOLD |
| 2 | PMPHILIP MORRIS INTL INC | 44,024 | $7M | 5.5% | HOLD |
| 3 | GOOGALPHABET INC | 22,335 | $7M | 5.4% | HOLD |
| 4 | MAMASTERCARD INCORPORATED | 12,593 | $6M | 4.9% | HOLD |
| 5 | JNJJOHNSON & JOHNSON | 26,230 | $6M | 4.9% | HOLD |
| 6 | TRVTRAVELERS COMPANIES INC | 20,319 | $6M | 4.7% | HOLD |
| 7 | COPCONOCOPHILLIPS | 48,163 | $6M | 4.7% | ADD 2% |
| 8 | WFCWELLS FARGO CO NEW | 70,101 | $6M | 4.6% | HOLD |
| 9 | AAPLAPPLE INC | 21,815 | $6M | 4.4% | HOLD |
| 10 | XOMEXXON MOBIL CORP | 35,691 | $6M | 4.3% | HOLD |
| 11 | BRK.BBERKSHIRE HATHAWAY INC DEL | 11,280 | $5M | 4.2% | HOLD |
| 12 | EPDENTERPRISE PRODS PARTNERS L | 134,995 | $5M | 4.0% | ADD 3% |
| 13 | AMGNAMGEN INC | 14,597 | $5M | 3.9% | HOLD |
| 14 | USBUS BANCORP | 84,574 | $5M | 3.6% | ADD 2% |
| 15 | TMOTHERMO FISHER SCIENTIFIC INC | 9,211 | $5M | 3.6% | HOLD |
| 16 | UNPUNION PAC CORP | 17,055 | $4M | 3.3% | HOLD |
| 17 | VTIVANGUARD INDEX FDS | 11,459 | $4M | 2.9% | ADD 15% |
| 18 | PGPROCTER AND GAMBLE CO | 26,326 | $4M | 2.9% | HOLD |
| 19 | MCDMCDONALDS CORP | 12,324 | $4M | 2.9% | HOLD |
| 20 | ADPAUTOMATIC DATA PROCESSING IN | 18,309 | $4M | 2.8% | ADD 4% |
| 21 | UNHUNITEDHEALTH GROUP INC | 9,089 | $3M | 2.1% | ADD 12% |
| 22 | VOOVANGUARD INDEX FDS | 4,048 | $3M | 1.9% | HOLD |
| 23 | JPMJPMORGAN CHASE & CO | 7,390 | $2M | 1.8% | HOLD |
| 24 | DEODIAGEO PLC | 26,246 | $2M | 1.6% | ADD 7% |
| 25 | GOOGLALPHABET INC | 5,741 | $2M | 1.4% | TRIM −21% |
| 26 | VUSBVANGUARD BD INDEX FDS | 26,400 | $1M | 1.0% | ADD 29% |
| 27 | IWFISHARES TR | 2,648 | $1M | 0.9% | NEW |
| 28 | IWDISHARES TR | 5,162 | $1M | 0.9% | NEW |
| 29 | PFFISHARES TR | 20,900 | $642,466 | 0.5% | HOLD |
| 30 | XLKSELECT SECTOR SPDR TR | 4,334 | $614,084 | 0.5% | NEW |
| 31 | VXUSVANGUARD STAR FDS | 6,755 | $548,709 | 0.4% | ADD 133% |
| 32 | NVDANVIDIA CORPORATION | 2,679 | $487,792 | 0.4% | NEW |
| 33 | IWPISHARES TR | 3,156 | $418,801 | 0.3% | NEW |
| 34 | IWSISHARES TR | 2,688 | $408,173 | 0.3% | NEW |
| 35 | VZVERIZON COMMUNICATIONS INC | 8,300 | $398,732 | 0.3% | HOLD |
| 36 | IWOISHARES TR | 1,123 | $371,769 | 0.3% | NEW |
| 37 | PLTRPALANTIR TECHNOLOGIES INC | 2,500 | $351,900 | 0.3% | NEW |
| 38 | IWNISHARES TR | 1,708 | $338,918 | 0.3% | NEW |
| 39 | PEPPEPSICO INC | 1,880 | $291,024 | 0.2% | HOLD |
| 40 | QQQINVESCO QQQ TR | 480 | $290,923 | 0.2% | NEW |
| 41 | AMZNAMAZON COM INC | 1,286 | $284,528 | 0.2% | NEW |
| 42 | NFGNATIONAL FUEL GAS CO | 2,680 | $256,154 | 0.2% | HOLD |
| 43 | SOSOUTHERN CO | 2,317 | $225,143 | 0.2% | HOLD |
| 44 | CLXCLOROX CO DEL | 2,000 | $211,340 | 0.2% | HOLD |
| 45 | GOSSGOSSAMER BIO INC | 26,300 | $9,137 | 0.0% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WMTWALMART INC | 68K | 67K | 65K | 64K | 63K | 63K | $8M |
| PMPHILIP MORRIS INTL INC | 44K | 45K | 45K | 44K | 44K | 44K | $7M |
| GOOGALPHABET INC | 23K | 24K | 24K | 23K | 22K | 22K | $7M |
| MAMASTERCARD INCORPORATED | 13K | 13K | 13K | 12K | 12K | 13K | $6M |
| JNJJOHNSON & JOHNSON | 25K | 26K | 26K | 26K | 26K | 26K | $6M |
| TRVTRAVELERS COMPANIES INC | 20K | — | 20K | 20K | 20K | 20K | $6M |
| COPCONOCOPHILLIPS | 46K | 46K | 47K | 47K | 47K | 48K | $6M |
| WFCWELLS FARGO CO NEW | 72K | 72K | 71K | 70K | 70K | 70K | $6M |
| AAPLAPPLE INC | 21K | 21K | 22K | 22K | 22K | 22K | $6M |
| XOMEXXON MOBIL CORP | 36K | 35K | 36K | 36K | 36K | 36K | $6M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 11K | 11K | 11K | 11K | 11K | 11K | $5M |
| EPDENTERPRISE PRODS PARTNERS L | 12K | 12K | 12K | 132K | 132K | 135K | $5M |
| AMGNAMGEN INC | 15K | 15K | 15K | 15K | 15K | 15K | $5M |
| USBUS BANCORP | 81K | 81K | 83K | 83K | 83K | 85K | $5M |
| TMOTHERMO FISHER SCIENTIFIC INC | 9K | 9K | 9K | 9K | 9K | 9K | $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.
Where this firm's principals came from and which firms its alumni went on to found.
