CIK 2095578
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% | 32 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IEUR | ISHARES TR | Unclassified | 16.27% |
| 2 | EMXC | ISHARES INC | Unclassified | 12.46% |
| 3 | AGG | ISHARES TR | Unclassified | 9.91% |
| 4 | IXUS | ISHARES TR | Unclassified | 8.02% |
| 5 | IBDU | ISHARES TR | Unclassified | 6.80% |
| 6 | OEF | ISHARES TR | Unclassified | 6.18% |
| 7 | XLK | SELECT SECTOR SPDR TR | Unclassified | 5.99% |
| 8 | FLJP | FRANKLIN TEMPLETON ETF TR | Unclassified | 4.52% |
| 9 | IBDS | ISHARES TR | Unclassified | 3.37% |
| 10 | FLCA | FRANKLIN TEMPLETON ETF TR | Unclassified | 3.00% |
0/32 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 (0/32 names) · unclassified 100.0%: IEUR, EMXC, AGG, IXUS, IBDU, OEF, XLK, FLJP, IBDS, FLCA +22 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 | IEURISHARES TR | 358,678 | $25M | 16.3% | TRIM −7% |
| 2 | EMXCISHARES INC | 245,346 | $19M | 12.5% | HOLD |
| 3 | AGGISHARES TR | 154,657 | $15M | 9.9% | HOLD |
| 4 | IXUSISHARES TR | 143,288 | $12M | 8.0% | TRIM −12% |
| 5 | IBDUISHARES TR | 452,711 | $11M | 6.8% | NEW |
| 6 | OEFISHARES TR | 30,102 | $10M | 6.2% | TRIM −7% |
| 7 | XLKSELECT SECTOR SPDR TR | 69,781 | $9M | 6.0% | ADD 50% |
| 8 | FLJPFRANKLIN TEMPLETON ETF TR | 193,477 | $7M | 4.5% | HOLD |
| 9 | IBDSISHARES TR | 215,592 | $5M | 3.4% | HOLD |
| 10 | FLCAFRANKLIN TEMPLETON ETF TR | 94,991 | $5M | 3.0% | HOLD |
| 11 | XLVSELECT SECTOR SPDR TR | 29,016 | $4M | 2.7% | ADD 41% |
| 12 | IPACISHARES TR | 51,110 | $4M | 2.5% | HOLD |
| 13 | XLYSELECT SECTOR SPDR TR | 27,156 | $3M | 1.9% | ADD 48% |
| 14 | USRTISHARES TR | 49,011 | $3M | 1.9% | NEW |
| 15 | XLESELECT SECTOR SPDR TR | 42,593 | $3M | 1.7% | ADD 67% |
| 16 | XLFSELECT SECTOR SPDR TR | 48,135 | $2M | 1.5% | ADD 46% |
| 17 | XLPSELECT SECTOR SPDR TR | 26,068 | $2M | 1.4% | ADD 33% |
| 18 | XLISELECT SECTOR SPDR TR | 13,028 | $2M | 1.4% | ADD 67% |
| 19 | XLBSELECT SECTOR SPDR TR | 42,124 | $2M | 1.4% | ADD 37% |
| 20 | XLCSELECT SECTOR SPDR TR | 18,255 | $2M | 1.3% | ADD 36% |
| 21 | IVOGVANGUARD ADMIRAL FDS INC | 12,075 | $2M | 1.0% | HOLD |
| 22 | SPYGSPDR SERIES TRUST STATE STREET SPD | 13,929 | $1M | 0.9% | TRIM −7% |
| 23 | FLBRFRANKLIN TEMPLETON ETF TR | 41,600 | $993,828 | 0.6% | ADD 244% |
| 24 | IWDISHARES TR | 4,640 | $991,345 | 0.6% | HOLD |
| 25 | VNAMGLOBAL X FDS | 33,300 | $760,230 | 0.5% | HOLD |
| 26 | ASEAGLOBAL X FDS | 33,130 | $643,717 | 0.4% | HOLD |
| 27 | EWPISHARES INC | 10,748 | $583,724 | 0.4% | HOLD |
| 28 | XLRESELECT SECTOR SPDR TR | 12,930 | $527,915 | 0.3% | ADD 34% |
| 29 | FLMXFRANKLIN TEMPLETON ETF TR | 13,951 | $512,247 | 0.3% | HOLD |
| 30 | ECHISHARES INC MSCI CHILE ETF | 12,766 | $507,559 | 0.3% | ADD 107% |
| 31 | FLAUFRANKLIN TEMPLETON ETF TR | 9,205 | $302,966 | 0.2% | HOLD |
| 32 | EPUISHARES TR | 3,405 | $274,818 | 0.2% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IEURISHARES TR | — | — | — | — | 385K | 359K | $25M |
| EMXCISHARES INC | — | — | — | — | 245K | 245K | $19M |
| AGGISHARES TR | — | — | — | — | 154K | 155K | $15M |
| IXUSISHARES TR | — | — | — | — | 163K | 143K | $12M |
| IBDUISHARES TR | — | — | — | — | — | 453K | $11M |
| OEFISHARES TR | — | — | — | — | 32K | 30K | $10M |
| XLKSELECT SECTOR SPDR TR | — | — | — | — | 47K | 70K | $9M |
| FLJPFRANKLIN TEMPLETON ETF TR | — | — | — | — | 193K | 193K | $7M |
| IBDSISHARES TR | — | — | — | — | 214K | 216K | $5M |
| FLCAFRANKLIN TEMPLETON ETF TR | — | — | — | — | 95K | 95K | $5M |
| XLVSELECT SECTOR SPDR TR | — | — | — | — | 21K | 29K | $4M |
| IPACISHARES TR | — | — | — | — | 51K | 51K | $4M |
| XLYSELECT SECTOR SPDR TR | — | — | — | — | 18K | 27K | $3M |
| USRTISHARES TR | — | — | — | — | — | 49K | $3M |
| XLESELECT SECTOR SPDR TR | — | — | — | — | 26K | 43K | $3M |
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.
