CIK 2106605
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 | 96.87% | 21 |
| Insurance | 1.81% | 1 |
| Technology Hardware & Equipment | 1.00% | 1 |
| Pharmaceuticals & Biotechnology | 0.33% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SPY | STATE STR SPDR S&P 500 ETF T | Unclassified | 28.73% |
| 2 | VEA | VANGUARD TAX-MANAGED FDS | Unclassified | 15.24% |
| 3 | BOND | PIMCO ETF TR | Unclassified | 12.57% |
| 4 | IWM | ISHARES TR | Unclassified | 9.37% |
| 5 | VIG | VANGUARD SPECIALIZED FUNDS | Unclassified | 5.01% |
| 6 | JEPI | JPMorgan Equity Premium Income ETF | Unclassified | 4.93% |
| 7 | VWO | VANGUARD INTL EQUITY INDEX F | Unclassified | 4.28% |
| 8 | IVVM | BLACKROCK ETF TRUST II | Unclassified | 3.39% |
| 9 | COWZ | PACER FDS TR | Unclassified | 2.68% |
| 10 | ANGL | VANECK ETF TRUST | Unclassified | 2.08% |
3/24 names classified · sector 3.1% of weight · industry 3.1% · mkt cap 3.1%; 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: 3.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 3% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.1% of book weight (3/24 names) · unclassified 96.9%: SPY, VEA, BOND, IWM, VIG, JEPI, VWO, IVVM, COWZ, ANGL +11 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 | SPYSTATE STR SPDR S&P 500 ETF T | 45,443 | $30M | 28.7% | HOLD |
| 2 | VEAVANGUARD TAX-MANAGED FDS | 244,639 | $16M | 15.2% | ADD 2% |
| 3 | BONDPIMCO ETF TR | 140,103 | $13M | 12.6% | HOLD |
| 4 | IWMISHARES TR | 38,881 | $10M | 9.4% | HOLD |
| 5 | VIGVANGUARD SPECIALIZED FUNDS | 23,959 | $5M | 5.0% | ADD 4% |
| 6 | JEPIJPMorgan Equity Premium Income ETF | 89,544 | $5M | 4.9% | ADD 4% |
| 7 | VWOVANGUARD INTL EQUITY INDEX F | 81,428 | $4M | 4.3% | ADD 3% |
| 8 | IVVMBLACKROCK ETF TRUST II | 102,084 | $3M | 3.4% | ADD 3% |
| 9 | COWZPACER FDS TR | 44,126 | $3M | 2.7% | ADD 6% |
| 10 | ANGLVANECK ETF TRUST | 74,428 | $2M | 2.1% | TRIM −9% |
| 11 | CBCHUBB LIMITED | 5,701 | $2M | 1.8% | HOLD |
| 12 | QQQINVESCO QQQ TR | 2,200 | $1M | 1.2% | ADD 50% |
| 13 | SPTSSPDR SERIES TRUST | 42,769 | $1M | 1.2% | HOLD |
| 14 | VTIVANGUARD INDEX FDS | 3,378 | $1M | 1.1% | HOLD |
| 15 | PCMMBONDBLOXX ETF TRUST | 21,620 | $1M | 1.0% | ADD 8% |
| 16 | QUALISHARES TR | 5,337 | $1M | 1.0% | TRIM −2% |
| 17 | AAPLAPPLE INC | 4,033 | $1M | 1.0% | HOLD |
| 18 | MUBISHARES TR | 7,442 | $789,968 | 0.8% | ADD 14% |
| 19 | DYNFBLACKROCK ETF TRUST | 13,396 | $779,379 | 0.8% | ADD 44% |
| 20 | MTUMISHARES TR | 2,856 | $685,411 | 0.7% | HOLD |
| 21 | HGERHARBOR ETF TRUST | 14,931 | $463,010 | 0.5% | NEW |
| 22 | LLYELI LILLY & CO | 365 | $335,716 | 0.3% | HOLD |
| 23 | GUNRFLEXSHARES TR | 3,998 | $220,530 | 0.2% | TRIM −20% |
| 24 | QDFFLEXSHARES TR | 2,590 | $204,843 | 0.2% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | — | — | — | — | 45K | 45K | $30M |
| VEAVANGUARD TAX-MANAGED FDS | — | — | — | — | 240K | 245K | $16M |
| BONDPIMCO ETF TR | — | — | — | — | 140K | 140K | $13M |
| IWMISHARES TR | — | — | — | — | 39K | 39K | $10M |
| VIGVANGUARD SPECIALIZED FUNDS | — | — | — | — | 23K | 24K | $5M |
| JEPIJPMorgan Equity Premium Income ETF | — | — | — | — | 86K | 90K | $5M |
| VWOVANGUARD INTL EQUITY INDEX F | — | — | — | — | 79K | 81K | $4M |
| IVVMBLACKROCK ETF TRUST II | — | — | — | — | 99K | 102K | $3M |
| COWZPACER FDS TR | — | — | — | — | 42K | 44K | $3M |
| ANGLVANECK ETF TRUST | — | — | — | — | 82K | 74K | $2M |
| CBCHUBB LIMITED | — | — | — | — | 6K | 6K | $2M |
| QQQINVESCO QQQ TR | — | — | — | — | 1K | 2K | $1M |
| SPTSSPDR SERIES TRUST | — | — | — | — | 42K | 43K | $1M |
| VTIVANGUARD INDEX FDS | — | — | — | — | 3K | 3K | $1M |
| PCMMBONDBLOXX ETF TRUST | — | — | — | — | 20K | 22K | $1M |
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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