CIK 2080606
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 | 59.31% | 4 |
| Oil, Gas & Consumable Fuels | 20.31% | 2 |
| Media & Publishing | 18.91% | 1 |
| Banks | 1.47% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IVV | ISHARES TR | Unclassified | 27.52% |
| 2 | TRI | THOMSON REUTERS CORP /CAN/ | Communication Services | 18.91% |
| 3 | RSP | INVESCO EXCHANGE TRADED FD T | Unclassified | 18.86% |
| 4 | ENB | ENBRIDGE INC | Energy | 15.62% |
| 5 | XLE | SELECT SECTOR SPDR TR | Unclassified | 12.10% |
| 6 | PBA | PEMBINA PIPELINE CORP | Energy | 4.69% |
| 7 | FIGR | Figure Technology Solutions, Inc. | Financials | 1.47% |
| 8 | VGK | VANGUARD INTL EQUITY INDEX F | Unclassified | 0.83% |
4/8 names classified · sector 40.7% of weight · industry 40.7% · mkt cap 20.4%; 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: 40.7% 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 (0/8 names) · unclassified 100.0%: IVV, TRI, RSP, ENB, XLE, PBA, FIGR, VGK. 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 | IVVISHARES TR | 106,282 | $69M | 27.5% | ADD 178% |
| 2 | TRITHOMSON REUTERS CORP | 530,297 | $48M | 18.9% | HOLD |
| 3 | RSPINVESCO EXCHANGE TRADED FD T | 247,955 | $48M | 18.9% | ADD 68% |
| 4 | ENBENBRIDGE INC | 727,856 | $39M | 15.6% | HOLD |
| 5 | XLESELECT SECTOR SPDR TR | 498,205 | $31M | 12.1% | NEW |
| 6 | PBAPEMBINA PIPELINE CORP | 264,237 | $12M | 4.7% | HOLD |
| 7 | FIGRFIGURE TECHNOLOGY SOLUTIO | 109,599 | $4M | 1.5% | NEW |
| 8 | VGKVANGUARD INTL EQUITY INDEX F | 25,376 | $2M | 0.8% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IVVISHARES TR | — | — | 18K | 29K | 38K | 106K | $69M |
| TRITHOMSON REUTERS CORP | — | — | 530K | 530K | 530K | 530K | $48M |
| RSPINVESCO EXCHANGE TRADED FD T | — | — | 146K | 147K | 147K | 248K | $48M |
| ENBENBRIDGE INC | — | — | 699K | 709K | 718K | 728K | $39M |
| XLESELECT SECTOR SPDR TR | — | — | — | — | — | 498K | $31M |
| PBAPEMBINA PIPELINE CORP | — | — | 255K | 258K | 261K | 264K | $12M |
| FIGRFIGURE TECHNOLOGY SOLUTIO | — | — | — | — | — | 110K | $4M |
| VGKVANGUARD INTL EQUITY INDEX F | — | — | 25K | 25K | 25K | 25K | $2M |
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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