CIK 2052024
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 | 85.03% | 47 |
| Specialty Retail | 12.84% | 3 |
| Technology Hardware & Equipment | 1.03% | 1 |
| Banks | 0.67% | 1 |
| Machinery | 0.42% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WMT | Walmart Inc. | Consumer Discretionary | 11.48% |
| 2 | JMBS | JANUS DETROIT STR TR | Unclassified | 8.91% |
| 3 | SCEC | CAPITOL SER TR | Unclassified | 4.70% |
| 4 | SIVR | ABRDN SILVER ETF TRUST | Unclassified | 3.72% |
| 5 | IEF | ISHARES TR | Unclassified | 3.67% |
| 6 | SCNM | STERLING CAP FDS | Unclassified | 3.59% |
| 7 | IWY | ISHARES TR | Unclassified | 3.52% |
| 8 | SCEP | STERLING CAP FDS | Unclassified | 2.81% |
| 9 | ZROZ | PIMCO ETF TR | Unclassified | 2.81% |
| 10 | SPTL | SPDR SERIES TRUST | Unclassified | 2.64% |
6/53 names classified · sector 15.0% of weight · industry 15.0% · mkt cap 15.0%; 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: 15.0% of the book is sector-classified (unclassified names shown, never dropped).
Only 14% of book weight classified — the grid is NOT representative of the whole book.
Classified: 14.3% of book weight (5/53 names) · unclassified 85.7%: JMBS, SCEC, SIVR, IEF, SCNM, IWY, SCEP, ZROZ, SPTL, IEI +38 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 | 44,835 | $6M | 11.5% | ADD 4% |
| 2 | JMBSJANUS DETROIT STR TR | 95,743 | $4M | 8.9% | NEW |
| 3 | SCECCAPITOL SER TR | 90,985 | $2M | 4.7% | ADD 18% |
| 4 | SIVRABRDN SILVER ETF TRUST | 25,199 | $2M | 3.7% | TRIM −49% |
| 5 | IEFISHARES TR | 18,655 | $2M | 3.7% | ADD 8% |
| 6 | SCNMSTERLING CAP FDS | 70,146 | $2M | 3.6% | NEW |
| 7 | IWYISHARES TR | 6,856 | $2M | 3.5% | ADD 14% |
| 8 | SCEPSTERLING CAP FDS | 57,845 | $1M | 2.8% | NEW |
| 9 | ZROZPIMCO ETF TR | 21,267 | $1M | 2.8% | ADD 67% |
| 10 | SPTLSPDR SERIES TRUST | 48,757 | $1M | 2.6% | ADD 4% |
| 11 | IEIISHARES TR | 9,615 | $1M | 2.3% | ADD 6% |
| 12 | IWXISHARES TR | 11,771 | $1M | 2.2% | ADD 10% |
| 13 | PHYSSprott Physical Gold Trust | 30,368 | $1M | 2.2% | TRIM −49% |
| 14 | SCMCSTERLING CAP FDS | 41,599 | $1M | 2.1% | NEW |
| 15 | DYNFBLACKROCK ETF TRUST | 17,573 | $1M | 2.1% | ADD 16% |
| 16 | MUBISHARES TR | 9,516 | $1M | 2.1% | TRIM −53% |
| 17 | EFVISHARES TR | 12,518 | $930,706 | 1.9% | HOLD |
| 18 | IEMGISHARES INC | 12,975 | $905,039 | 1.9% | TRIM −10% |
| 19 | IVWISHARES TR | 7,508 | $849,250 | 1.7% | ADD 23% |
| 20 | QUALISHARES TR | 4,400 | $844,024 | 1.7% | TRIM −9% |
| 21 | SPYMSPDR SERIES TRUST | 10,974 | $839,961 | 1.7% | NEW |
| 22 | SPLVINVESCO EXCH TRADED FD TR II | 10,960 | $801,585 | 1.7% | ADD 91% |
| 23 | IVEISHARES TR | 3,608 | $761,907 | 1.6% | ADD 18% |
| 24 | PZAINVESCO EXCH TRADED FD TR II | 31,724 | $729,008 | 1.5% | ADD 106% |
| 25 | COROBLACKROCK ETF TRUST | 22,382 | $719,648 | 1.5% | NEW |
| 26 | GOVTISHARES TR | 29,603 | $678,207 | 1.4% | NEW |
| 27 | IUSBISHARES TR | 13,998 | $646,548 | 1.3% | ADD 6% |
| 28 | EFGISHARES TR | 5,731 | $638,217 | 1.3% | TRIM −5% |
| 29 | XLUSELECT SECTOR SPDR TR | 13,086 | $600,517 | 1.2% | NEW |
| 30 | MBBISHARES TR | 6,232 | $591,725 | 1.2% | ADD 21% |
| 31 | XLVSELECT SECTOR SPDR TR | 3,961 | $580,722 | 1.2% | NEW |
| 32 | XLPSELECT SECTOR SPDR TR | 6,981 | $572,302 | 1.2% | NEW |
| 33 | IWSISHARES TR | 3,898 | $568,106 | 1.2% | ADD 7% |
| 34 | AAPLAPPLE INC | 1,972 | $500,580 | 1.0% | ADD 8% |
| 35 | BINCBLACKROCK ETF TRUST II | 9,294 | $482,662 | 1.0% | TRIM −10% |
| 36 | VUGVANGUARD INDEX FDS | 972 | $424,573 | 0.9% | HOLD |
| 37 | BILSPDR SERIES TRUST | 4,554 | $417,329 | 0.9% | NEW |
| 38 | FDLFirst Trust Morningstar Div Leaders ETF | 7,310 | $371,355 | 0.8% | NEW |
| 39 | CASYCASEYS GEN STORES INC | 500 | $363,930 | 0.7% | HOLD |
| 40 | THROBLACKROCK ETF TRUST | 9,931 | $359,693 | 0.7% | ADD 20% |
| 41 | ITBISHARES TR | 3,756 | $340,106 | 0.7% | ADD 44% |
| 42 | BNDXVANGUARD CHARLOTTE FDS | 6,950 | $333,966 | 0.7% | NEW |
| 43 | REZIShares Residential Real Estate Capped ETF | 3,979 | $331,093 | 0.7% | NEW |
| 44 | RKTROCKET COS INC | 22,942 | $326,924 | 0.7% | ADD 51% |
| 45 | VGITVANGUARD SCOTTSDALE FDS | 5,036 | $299,876 | 0.6% | NEW |
| 46 | AMZNAMAZON COM INC | 1,423 | $296,455 | 0.6% | ADD 5% |
| 47 | VTWOVANGUARD SCOTTSDALE FDS | 2,950 | $295,541 | 0.6% | ADD 10% |
| 48 | BAIBLACKROCK ETF TRUST | 8,809 | $290,241 | 0.6% | ADD 12% |
| 49 | IVVISHARES TR | 416 | $271,888 | 0.6% | ADD 31% |
| 50 | SPYSTATE STR SPDR S&P 500 ETF T | 394 | $256,234 | 0.5% | TRIM −43% |
| 51 | XHBSPDR SERIES TRUST | 2,564 | $253,118 | 0.5% | ADD 7% |
| 52 | SYSBISHARES TR | 2,825 | $251,428 | 0.5% | NEW |
| 53 | DEDEERE & CO | 361 | $203,402 | 0.4% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WMTWALMART INC | 27K | 41K | 43K | 43K | 43K | 45K | $6M |
| JMBSJANUS DETROIT STR TR | — | — | — | — | — | 96K | $4M |
| SCECCAPITOL SER TR | — | — | 45K | 56K | 77K | 91K | $2M |
| SIVRABRDN SILVER ETF TRUST | 49K | 49K | 49K | 49K | 50K | 25K | $2M |
| IEFISHARES TR | 13K | 13K | 17K | 17K | 17K | 19K | $2M |
| SCNMSTERLING CAP FDS | — | — | — | — | — | 70K | $2M |
| IWYISHARES TR | 3K | 3K | 5K | 5K | 6K | 7K | $2M |
| SCEPSTERLING CAP FDS | — | — | — | — | — | 58K | $1M |
| ZROZPIMCO ETF TR | 15K | 15K | 9K | 12K | 13K | 21K | $1M |
| SPTLSPDR SERIES TRUST | 41K | 44K | 49K | 31K | 47K | 49K | $1M |
| IEIISHARES TR | 11K | 11K | 9K | 9K | 9K | 10K | $1M |
| IWXISHARES TR | 6K | 6K | 7K | 8K | 11K | 12K | $1M |
| PHYSSprott Physical Gold Trust | 51K | 59K | 59K | 59K | 59K | 30K | $1M |
| SCMCSTERLING CAP FDS | — | — | — | — | — | 42K | $1M |
| DYNFBLACKROCK ETF TRUST | 12K | 14K | 14K | 12K | 15K | 18K | $1M |
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.
