CIK 354923
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 | 84.17% | 13 |
| Software & IT Services | 5.18% | 2 |
| Technology Hardware & Equipment | 4.61% | 2 |
| Specialty Retail | 4.57% | 3 |
| Automobiles & Components | 0.66% | 1 |
| Commercial Services & Supplies | 0.32% | 1 |
| Semiconductors & Semiconductor Equipment | 0.26% | 1 |
| Utilities | 0.08% | 1 |
| Chemicals | 0.08% | 1 |
| Oil, Gas & Consumable Fuels | 0.07% | 1 |
| Real Estate Management & Development | 0.01% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | IWL | IShares - Russell 200 Index ETF | Unclassified | 10.83% |
| 2 | VO | VANGUARD INDEX FDS | Unclassified | 10.82% |
| 3 | VB | VANGUARD INDEX FDS | Unclassified | 10.81% |
| 4 | AVDE | AMERICAN CENTY ETF TR | Unclassified | 10.80% |
| 5 | LMBS | FIRST TR EXCHANGE-TRADED FD | Unclassified | 8.07% |
| 6 | PPA | INVESCO EXCHANGE TRADED FD T | Unclassified | 6.51% |
| 7 | AMLP | ALPS ETF TR | Unclassified | 6.05% |
| 8 | VOO | VANGUARD INDEX FDS | Unclassified | 5.14% |
| 9 | VFH | VANGUARD WORLD FD | Unclassified | 5.12% |
| 10 | GOOG | Alphabet Inc. | Communication Services | 5.08% |
15/27 names classified · sector 20.1% of weight · industry 15.8% · mkt cap 20.1%; 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: 20.1% of the book is sector-classified (unclassified names shown, never dropped).
Only 16% of book weight classified — the grid is NOT representative of the whole book.
Classified: 15.8% of book weight (13/27 names) · unclassified 84.2%: IWL, VO, VB, AVDE, LMBS, PPA, AMLP, VOO, VFH, EZU +4 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 | IWLIShares - Russell 200 Index ETF | 182,040 | $29M | 10.8% | ADD 2% |
| 2 | VOVANGUARD INDEX FDS | 101,588 | $29M | 10.8% | ADD 3% |
| 3 | VBVANGUARD INDEX FDS | 111,329 | $29M | 10.8% | HOLD |
| 4 | AVDEAMERICAN CENTY ETF TR | 343,292 | $29M | 10.8% | NEW |
| 5 | LMBSFIRST TR EXCHANGE-TRADED FD | 437,090 | $22M | 8.1% | ADD 4% |
| 6 | PPAINVESCO EXCHANGE TRADED FD T | 105,875 | $18M | 6.5% | TRIM −6% |
| 7 | AMLPALPS ETF TR | 309,713 | $16M | 6.0% | TRIM −18% |
| 8 | VOOVANGUARD INDEX FDS | 23,200 | $14M | 5.1% | ADD 75% |
| 9 | VFHVANGUARD WORLD FD | 114,275 | $14M | 5.1% | ADD 3% |
| 10 | GOOGALPHABET INC | 47,782 | $14M | 5.1% | TRIM −7% |
| 11 | EZUISHARES INC MSCI EURZONE ETF | 215,580 | $14M | 5.0% | NEW |
| 12 | AAPLAPPLE INC | 47,839 | $12M | 4.5% | HOLD |
| 13 | AMZNAMAZON COM INC | 55,631 | $12M | 4.3% | HOLD |
| 14 | BRK.BBERKSHIRE HATHAWAY INC DEL | 23,906 | $11M | 4.2% | HOLD |
| 15 | TSLATESLA INC | 4,753 | $2M | 0.7% | HOLD |
| 16 | VTIVANGUARD INDEX FDS | 4,153 | $1M | 0.5% | HOLD |
| 17 | ACNACCENTURE PLC IRELAND | 4,336 | $859,785 | 0.3% | HOLD |
| 18 | ICSHISHARES TR | 14,087 | $713,098 | 0.3% | ADD 7% |
| 19 | NVDANVIDIA CORPORATION | 4,027 | $702,331 | 0.3% | ADD 2% |
| 20 | WMTWALMART INC | 3,853 | $478,816 | 0.2% | HOLD |
| 21 | IBMINTERNATIONAL BUSINESS MACHS | 1,148 | $278,264 | 0.1% | HOLD |
| 22 | GOOGLALPHABET INC | 913 | $262,682 | 0.1% | HOLD |
| 23 | CASYCASEYS GEN STORES INC | 337 | $245,289 | 0.1% | NEW |
| 24 | SOSOUTHERN CO | 2,191 | $211,475 | 0.1% | TRIM −9% |
| 25 | PGPROCTER AND GAMBLE CO | 1,421 | $205,219 | 0.1% | HOLD |
| 26 | XOMEXXON MOBIL CORP | 1,188 | $201,556 | 0.1% | NEW |
| 27 | REAXTHE REAL BROKERAGE INC | 11,714 | $29,285 | 0.0% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| IWLIShares - Russell 200 Index ETF | — | — | 179K | 178K | 178K | 182K | $29M |
| VOVANGUARD INDEX FDS | 95K | 96K | 98K | 98K | 99K | 102K | $29M |
| VBVANGUARD INDEX FDS | — | — | 107K | 108K | 109K | 111K | $29M |
| AVDEAMERICAN CENTY ETF TR | — | — | — | — | — | 343K | $29M |
| LMBSFIRST TR EXCHANGE-TRADED FD | 381K | 390K | 395K | 407K | 422K | 437K | $22M |
| PPAINVESCO EXCHANGE TRADED FD T | 128K | 128K | 123K | 118K | 113K | 106K | $18M |
| AMLPALPS ETF TR | 330K | 334K | 341K | 352K | 376K | 310K | $16M |
| VOOVANGUARD INDEX FDS | 12K | 13K | 13K | 13K | 13K | 23K | $14M |
| VFHVANGUARD WORLD FD | — | 110K | 110K | 111K | 111K | 114K | $14M |
| GOOGALPHABET INC | 62K | 62K | 64K | 61K | 51K | 48K | $14M |
| EZUISHARES INC MSCI EURZONE ETF | — | — | — | — | — | 216K | $14M |
| AAPLAPPLE INC | 48K | 49K | 50K | 50K | 48K | 48K | $12M |
| AMZNAMAZON COM INC | 58K | 57K | 57K | 57K | 56K | 56K | $12M |
| BRK.BBERKSHIRE HATHAWAY INC DEL | 24K | 24K | 24K | 24K | 24K | 24K | $11M |
| TSLATESLA INC | 4K | 4K | 5K | 5K | 5K | 5K | $2M |
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.
