CIK 314957
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 | 99.46% | 6 |
| Transportation Infrastructure | 0.10% | 1 |
| Road & Rail | 0.09% | 1 |
| Specialty Retail | 0.09% | 1 |
| Commercial Services & Supplies | 0.09% | 1 |
| Diversified Consumer Services | 0.08% | 1 |
| Technology Hardware & Equipment | 0.08% | 1 |
| Pharmaceuticals & Biotechnology | 0.02% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | XLK | SELECT SECTOR SPDR TR | Unclassified | 63.00% |
| 2 | VT | VANGUARD INTL EQUITY INDEX F | Unclassified | 12.00% |
| 3 | VOO | VANGUARD INDEX FDS | Unclassified | 9.33% |
| 4 | XLC | SELECT SECTOR SPDR TR | Unclassified | 8.92% |
| 5 | IVV | ISHARES TR | Unclassified | 6.12% |
| 6 | BKNG | Booking Holdings Inc. | Industrials | 0.10% |
| 7 | ODFL | OLD DOMINION FREIGHT LINE, INC. | Industrials | 0.09% |
| 8 | FIVE | FIVE BELOW, INC | Consumer Discretionary | 0.09% |
| 9 | SPGI | S&P Global Inc. | Industrials | 0.09% |
| 10 | SCI | SERVICE CORP INTERNATIONAL | Consumer Discretionary | 0.08% |
8/13 names classified · sector 0.6% of weight · industry 0.5% · mkt cap 0.5%; 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: 0.6% of the book is sector-classified (unclassified names shown, never dropped).
Only 1% of book weight classified — the grid is NOT representative of the whole book.
Classified: 0.5% of book weight (6/13 names) · unclassified 99.5%: XLK, VT, VOO, XLC, IVV, RACE, PYXS. 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 | XLKSELECT SECTOR SPDR TR | 1,533,165 | $204M | 63.0% | NEW |
| 2 | VTVANGUARD INTL EQUITY INDEX F | 280,584 | $39M | 12.0% | ADD 17% |
| 3 | VOOVANGUARD INDEX FDS | 50,493 | $30M | 9.3% | TRIM −14% |
| 4 | XLCSELECT SECTOR SPDR TR | 260,298 | $29M | 8.9% | NEW |
| 5 | IVVISHARES TR | 30,317 | $20M | 6.1% | TRIM −85% |
| 6 | BKNGBOOKING HOLDINGS INC | 73 | $307,353 | 0.1% | HOLD |
| 7 | ODFLOLD DOMINION FREIGHT LINE IN | 1,500 | $293,100 | 0.1% | HOLD |
| 8 | FIVEFIVE BELOW INC | 1,250 | $285,600 | 0.1% | HOLD |
| 9 | SPGIS&P GLOBAL INC | 650 | $276,471 | 0.1% | HOLD |
| 10 | SCISERVICE CORP INTL | 3,250 | $268,158 | 0.1% | HOLD |
| 11 | RACEFERRARI N V | 750 | $253,838 | 0.1% | HOLD |
| 12 | PANWPALO ALTO NETWORKS INC | 1,560 | $250,099 | 0.1% | HOLD |
| 13 | PYXSPYXIS ONCOLOGY INC | 48,731 | $71,147 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| XLKSELECT SECTOR SPDR TR | — | — | — | — | — | 1.5M | $204M |
| VTVANGUARD INTL EQUITY INDEX F | 285K | 279K | 255K | 239K | 239K | 281K | $39M |
| VOOVANGUARD INDEX FDS | 61K | 61K | 61K | 63K | 58K | 50K | $30M |
| XLCSELECT SECTOR SPDR TR | — | — | — | — | — | 260K | $29M |
| IVVISHARES TR | — | — | 77K | 196K | 196K | 30K | $20M |
| BKNGBOOKING HOLDINGS INC | — | 73 | 73 | 73 | 73 | 73 | $307,353 |
| ODFLOLD DOMINION FREIGHT LINE IN | — | 2K | 2K | 2K | 2K | 2K | $293,100 |
| FIVEFIVE BELOW INC | — | — | — | — | 1K | 1K | $285,600 |
| SPGIS&P GLOBAL INC | — | 650 | 650 | 650 | 650 | 650 | $276,471 |
| SCISERVICE CORP INTL | — | 3K | 3K | 3K | 3K | 3K | $268,158 |
| RACEFERRARI N V | — | 750 | 750 | 750 | 750 | 750 | $253,838 |
| PANWPALO ALTO NETWORKS INC | — | 2K | 2K | 2K | 2K | 2K | $250,099 |
| PYXSPYXIS ONCOLOGY INC | 49K | 49K | 49K | 49K | 49K | 49K | $71,147 |
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.
