CIK 2057073
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 | 100.00% | 12 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | DIA | SPDR DOW JONES INDL AVERAGE | Unclassified | 38.53% |
| 2 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 37.82% |
| 3 | XLE | SELECT SECTOR SPDR TR | Unclassified | 3.91% |
| 4 | XLB | SELECT SECTOR SPDR TR | Unclassified | 3.39% |
| 5 | XLI | SELECT SECTOR SPDR TR | Unclassified | 3.14% |
| 6 | XLP | SELECT SECTOR SPDR TR | Unclassified | 3.08% |
| 7 | XLU | SELECT SECTOR SPDR TR | Unclassified | 2.99% |
| 8 | XLY | SELECT SECTOR SPDR TR | Unclassified | 2.83% |
| 9 | XLV | SELECT SECTOR SPDR TR | Unclassified | 2.79% |
| 10 | BIL | SPDR SERIES TRUST | Unclassified | 0.97% |
0/12 names classified · sector 0.0% of weight · industry 0.0% · mkt cap 0.0%; 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: 0.0% 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: 0.0% of book weight (0/12 names) · unclassified 100.0%: DIA, SPY, XLE, XLB, XLI, XLP, XLU, XLY, XLV, BIL +2 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 | DIASPDR DOW JONES INDL AVERAGE | 200,763 | $93M | 38.5% | HOLD |
| 2 | SPYSTATE STR SPDR S&P 500 ETF T | 140,349 | $91M | 37.8% | HOLD |
| 3 | XLESELECT SECTOR SPDR TR | 154,214 | $9M | 3.9% | ADD 8% |
| 4 | XLBSELECT SECTOR SPDR TR | 163,894 | $8M | 3.4% | ADD 8% |
| 5 | XLISELECT SECTOR SPDR TR | 46,923 | $8M | 3.1% | ADD 8% |
| 6 | XLPSELECT SECTOR SPDR TR | 90,618 | $7M | 3.1% | ADD 8% |
| 7 | XLUSELECT SECTOR SPDR TR | 157,448 | $7M | 3.0% | ADD 8% |
| 8 | XLYSELECT SECTOR SPDR TR | 62,636 | $7M | 2.8% | ADD 8% |
| 9 | XLVSELECT SECTOR SPDR TR | 45,987 | $7M | 2.8% | ADD 8% |
| 10 | BILSPDR SERIES TRUST | 25,647 | $2M | 1.0% | ADD 3% |
| 11 | QQQINVESCO QQQ TR | 1,810 | $1M | 0.4% | HOLD |
| 12 | XLKSELECT SECTOR SPDR TR | 1,792 | $238,157 | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| DIASPDR DOW JONES INDL AVERAGE | 22K | — | 30K | 99K | 198K | 201K | $93M |
| SPYSTATE STR SPDR S&P 500 ETF T | 16K | — | 23K | 74K | 139K | 140K | $91M |
| XLESELECT SECTOR SPDR TR | — | 192K | 44K | 54K | 142K | 154K | $9M |
| XLBSELECT SECTOR SPDR TR | — | — | 43K | 53K | 151K | 164K | $8M |
| XLISELECT SECTOR SPDR TR | — | — | 27K | 34K | 43K | 47K | $8M |
| XLPSELECT SECTOR SPDR TR | 214K | 228K | 43K | 53K | 84K | 91K | $7M |
| XLUSELECT SECTOR SPDR TR | — | — | 44K | 55K | 145K | 157K | $7M |
| XLYSELECT SECTOR SPDR TR | 73K | — | 18K | 23K | 58K | 63K | $7M |
| XLVSELECT SECTOR SPDR TR | — | 123K | 25K | 31K | 42K | 46K | $7M |
| BILSPDR SERIES TRUST | 177K | 741K | — | — | 25K | 26K | $2M |
| QQQINVESCO QQQ TR | 19K | — | 27K | 87K | 2K | 2K | $1M |
| XLKSELECT SECTOR SPDR TR | 71K | — | 17K | 21K | 2K | 2K | $238,157 |
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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