CIK 2104888
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 |
|---|---|---|
| Specialty Retail | 21.32% | 4 |
| Commercial Services & Supplies | 21.00% | 3 |
| Software & IT Services | 19.59% | 3 |
| Banks | 18.99% | 3 |
| Software | 6.66% | 1 |
| Insurance | 5.56% | 1 |
| Capital Markets | 5.18% | 3 |
| Food & Staples Retailing | 1.71% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | MA | Mastercard Inc | Financials | 10.85% |
| 2 | GOOGL | Alphabet Inc. | Communication Services | 10.00% |
| 3 | V | VISA INC. | Financials | 9.84% |
| 4 | BAC | BANK OF AMERICA CORP /DE/ | Financials | 9.12% |
| 5 | AMZN | AMAZON COM INC | Consumer Discretionary | 8.50% |
| 6 | META | Meta Platforms, Inc. | Communication Services | 8.39% |
| 7 | AXP | AMERICAN EXPRESS CO | Financials | 8.01% |
| 8 | HD | HOME DEPOT, INC. | Consumer Discretionary | 7.10% |
| 9 | MSFT | MICROSOFT CORP | Information Technology | 6.66% |
| 10 | UNH | UNITEDHEALTH GROUP INC | Financials | 5.56% |
19/19 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 100.0%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 97.6% of book weight (18/19 names) · unclassified 2.4%: KKR. 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 | MAMASTERCARD INCORPORATED | 330,119 | $165M | 10.9% | ADD 4% |
| 2 | GOOGLALPHABET INC | 528,372 | $152M | 10.0% | TRIM −6% |
| 3 | VVISA INC | 494,902 | $150M | 9.8% | ADD 4% |
| 4 | BACBANK AMERICA CORP | 2,841,547 | $139M | 9.1% | HOLD |
| 5 | AMZNAMAZON COM INC | 620,442 | $129M | 8.5% | ADD 12% |
| 6 | METAMETA PLATFORMS INC | 222,879 | $128M | 8.4% | ADD 10% |
| 7 | AXPAMERICAN EXPRESS CO | 402,309 | $122M | 8.0% | ADD 3% |
| 8 | HDHOME DEPOT INC | 327,920 | $108M | 7.1% | HOLD |
| 9 | MSFTMICROSOFT CORP | 273,429 | $101M | 6.7% | ADD 26% |
| 10 | UNHUNITEDHEALTH GROUP INC | 312,384 | $85M | 5.6% | ADD 12% |
| 11 | LOWLOWES COS INC | 289,135 | $68M | 4.5% | HOLD |
| 12 | BXBLACKSTONE INC | 345,251 | $40M | 2.6% | ADD 32% |
| 13 | KKRKKR & CO INC | 402,289 | $37M | 2.4% | ADD 35% |
| 14 | USBUS BANCORP | 545,736 | $28M | 1.9% | ADD 7% |
| 15 | CVSCVS HEALTH CORP | 360,853 | $26M | 1.7% | ADD 17% |
| 16 | DKSDICKS SPORTING GOODS INC | 93,581 | $19M | 1.2% | NEW |
| 17 | GOOGALPHABET INC | 63,314 | $18M | 1.2% | TRIM −15% |
| 18 | RBARB GLOBAL INC | 47,847 | $5M | 0.3% | ADD 304% |
| 19 | ICEINTERCONTINENTAL EXCHANGE IN | 11,183 | $2M | 0.1% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| MAMASTERCARD INCORPORATED | — | — | — | — | 317K | 330K | $165M |
| GOOGLALPHABET INC | — | — | — | — | 559K | 528K | $152M |
| VVISA INC | — | — | — | — | 478K | 495K | $150M |
| BACBANK AMERICA CORP | — | — | — | — | 2.8M | 2.8M | $139M |
| AMZNAMAZON COM INC | — | — | — | — | 555K | 620K | $129M |
| METAMETA PLATFORMS INC | — | — | — | — | 203K | 223K | $128M |
| AXPAMERICAN EXPRESS CO | — | — | — | — | 389K | 402K | $122M |
| HDHOME DEPOT INC | — | — | — | — | 325K | 328K | $108M |
| MSFTMICROSOFT CORP | — | — | — | — | 217K | 273K | $101M |
| UNHUNITEDHEALTH GROUP INC | — | — | — | — | 279K | 312K | $85M |
| LOWLOWES COS INC | — | — | — | — | 287K | 289K | $68M |
| BXBLACKSTONE INC | — | — | — | — | 262K | 345K | $40M |
| KKRKKR & CO INC | — | — | — | — | 299K | 402K | $37M |
| USBUS BANCORP | — | — | — | — | 512K | 546K | $28M |
| CVSCVS HEALTH CORP | — | — | — | — | 308K | 361K | $26M |
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.
