CIK 2094371
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 | 77.33% | 16 |
| Software & IT Services | 4.43% | 2 |
| Specialty Retail | 3.50% | 1 |
| Software | 3.22% | 1 |
| Semiconductors & Semiconductor Equipment | 2.75% | 1 |
| Aerospace & Defense | 2.21% | 1 |
| Technology Hardware & Equipment | 2.00% | 1 |
| Utilities | 1.64% | 1 |
| Commercial Services & Supplies | 1.54% | 1 |
| Chemicals | 1.37% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | URTH | ISHARES INC | Unclassified | 11.13% |
| 2 | IJH | ISHARES TR | Unclassified | 9.45% |
| 3 | IXN | ISHARES TR | Unclassified | 9.05% |
| 4 | FNCL | FIDELITY COVINGTON TRUST | Unclassified | 7.33% |
| 5 | VPL | VANGUARD INTL EQUITY INDEX F | Unclassified | 5.26% |
| 6 | GDX | VANECK ETF TRUST GOLD MINERS ETF | Unclassified | 4.99% |
| 7 | XLV | SELECT SECTOR SPDR TR | Unclassified | 4.63% |
| 8 | CIBR | FIRST TR EXCHANGE-TRADED FD | Unclassified | 4.40% |
| 9 | SOXX | ISHARES TR | Unclassified | 4.22% |
| 10 | AMZN | AMAZON COM INC | Consumer Discretionary | 3.50% |
10/26 names classified · sector 22.7% of weight · industry 22.7% · mkt cap 22.7%; 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: 22.7% of the book is sector-classified (unclassified names shown, never dropped).
Only 23% of book weight classified — the grid is NOT representative of the whole book.
Classified: 22.7% of book weight (10/26 names) · unclassified 77.3%: URTH, IJH, IXN, FNCL, VPL, GDX, XLV, CIBR, SOXX, XLC +6 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 | URTHISHARES INC | 202,500 | $36M | 11.1% | HOLD |
| 2 | IJHISHARES TR | 458,174 | $31M | 9.4% | ADD 20% |
| 3 | IXNISHARES TR | 296,349 | $30M | 9.0% | HOLD |
| 4 | FNCLFIDELITY COVINGTON TRUST | 341,872 | $24M | 7.3% | HOLD |
| 5 | VPLVANGUARD INTL EQUITY INDEX F | 176,230 | $17M | 5.3% | HOLD |
| 6 | GDXVANECK ETF TRUST GOLD MINERS ETF | 178,205 | $16M | 5.0% | ADD 19% |
| 7 | XLVSELECT SECTOR SPDR TR | 103,514 | $15M | 4.6% | ADD 8% |
| 8 | CIBRFIRST TR EXCHANGE-TRADED FD | 229,770 | $14M | 4.4% | ADD 18% |
| 9 | SOXXISHARES TR | 42,000 | $14M | 4.2% | HOLD |
| 10 | AMZNAMAZON COM INC | 55,086 | $11M | 3.5% | ADD 26% |
| 11 | XLCSELECT SECTOR SPDR TR | 101,950 | $11M | 3.5% | ADD 35% |
| 12 | MSFTMICROSOFT CORP | 28,451 | $11M | 3.2% | ADD 71% |
| 13 | IHIISHARES TR | 182,281 | $10M | 3.0% | ADD 26% |
| 14 | KOMPSPDR SERIES TRUST | 165,825 | $10M | 3.0% | HOLD |
| 15 | ICLNISHARES TR | 504,936 | $9M | 2.8% | HOLD |
| 16 | NVDANVIDIA CORPORATION | 51,575 | $9M | 2.7% | ADD 12% |
| 17 | IPAYAMPLIFY ETF TR | 198,379 | $8M | 2.6% | ADD 29% |
| 18 | GOOGLALPHABET INC | 25,273 | $7M | 2.2% | HOLD |
| 19 | GOOGALPHABET INC | 25,293 | $7M | 2.2% | HOLD |
| 20 | HONHONEYWELL INTL INC | 32,058 | $7M | 2.2% | HOLD |
| 21 | AAPLAPPLE INC | 25,850 | $7M | 2.0% | HOLD |
| 22 | LNGCheniere Energy, Inc | 18,960 | $5M | 1.6% | NEW |
| 23 | XLUSELECT SECTOR SPDR TR | 110,226 | $5M | 1.5% | HOLD |
| 24 | PYPLPAYPAL HLDGS INC | 111,360 | $5M | 1.5% | ADD 28% |
| 25 | ELLAUDER ESTEE COS INC | 62,396 | $4M | 1.4% | ADD 85% |
| 26 | COPXGLOBAL X FDS | 23,100 | $2M | 0.5% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| URTHISHARES INC | — | — | — | 203K | 203K | 203K | $36M |
| IJHISHARES TR | — | — | — | 381K | 381K | 458K | $31M |
| IXNISHARES TR | — | — | — | 305K | 296K | 296K | $30M |
| FNCLFIDELITY COVINGTON TRUST | — | — | — | 342K | 342K | 342K | $24M |
| VPLVANGUARD INTL EQUITY INDEX F | — | — | — | 176K | 176K | 176K | $17M |
| GDXVANECK ETF TRUST GOLD MINERS ETF | — | — | — | 180K | 150K | 178K | $16M |
| XLVSELECT SECTOR SPDR TR | — | — | — | 96K | 96K | 104K | $15M |
| CIBRFIRST TR EXCHANGE-TRADED FD | — | — | — | — | 195K | 230K | $14M |
| SOXXISHARES TR | — | — | — | 45K | 42K | 42K | $14M |
| AMZNAMAZON COM INC | — | — | — | 44K | 44K | 55K | $11M |
| XLCSELECT SECTOR SPDR TR | — | — | — | 59K | 76K | 102K | $11M |
| MSFTMICROSOFT CORP | — | — | — | 17K | 17K | 28K | $11M |
| IHIISHARES TR | — | — | — | 145K | 145K | 182K | $10M |
| KOMPSPDR SERIES TRUST | — | — | — | 166K | 166K | 166K | $10M |
| ICLNISHARES TR | — | — | — | 505K | 505K | 505K | $9M |
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.
