13F holdings as of 2025-12-31 · vs 2025-09-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | AVGOBROADCOM INC | TRIM | 94K | $32.6M | 13.4% | +$692K |
| 2 | MSFTMICROSOFT CORP | TRIM | 31K | $14.9M | 6.1% | -$1.1M |
| 3 | GOOGLALPHABET INC | ADD | 42K | $13.2M | 5.4% | +$3.4M |
| 4 | AAPLAPPLE INC | TRIM | 43K | $11.6M | 4.8% | +$162K |
| 5 | NVDANVIDIA CORPORATION | ADD | 60K | $11.2M | 4.6% | +$574K |
| 6 | NEMNEWMONT CORP | ADD | 99K | $9.8M | 4.0% | +$1.7M |
| 7 | BBARRICK MNG CORP | ADD | 216K | $9.4M | 3.9% | +$2.5M |
| 8 | XOMEXXON MOBIL CORP | ADD | 73K | $8.8M | 3.6% | +$840K |
| 9 | AMZNAMAZON COM INC | ADD | 36K | $8.2M | 3.4% | +$625K |
| 10 | FCXFREEPORT MCMORAN INC | ADD | 142K | $7.2M | 3.0% | +$1.9M |
| 11 | RTXRTX CORPORATION | ADD | 37K | $6.7M | 2.7% | +$715K |
| 12 | LRCXLAM RESEARCH CORP | ADD | 39K | $6.6M | 2.7% | +$2.0M |
| 13 | LHXL3HARRIS TECHNOLOGIES INC | ADD | 20K | $5.9M | 2.4% | -$13K |
| 14 | MSMORGAN STANLEY | ADD | 30K | $5.3M | 2.2% | +$977K |
| 15 | NOCNORTHROP GRUMMAN CORP | ADD | 9K | $5.2M | 2.1% | -$209K |
| 16 | AMATAPPLIED MATLS INC | ADD | 20K | $5.1M | 2.1% | +$1.5M |
| 17 | LMTLOCKHEED MARTIN CORP | TRIM | 10K | $4.6M | 1.9% | -$245K |
| 18 | BACBANK AMERICA CORP | TRIM | 84K | $4.6M | 1.9% | -$18K |
| 19 | ASML HLDG NV | ADD | 4K | $4.5M | 1.8% | +$1.1M |
| 20 | CVXCHEVRON CORPORATION | ADD | 28K | $4.3M | 1.8% | +$256K |
| 21 | CFRCULLEN FROST BANKERS INC | TRIM | 33K | $4.2M | 1.7% | -$79K |
| 22 | LLYELI LILLY & CO | ADD | 4K | $4.1M | 1.7% | +$1.6M |
| 23 | PSXPHILLIPS 66 | TRIM | 30K | $3.8M | 1.6% | -$411K |
| 24 | TFCTRUIST FINL CORP | TRIM | 76K | $3.8M | 1.5% | +$237K |
| 25 | VVISA INC | ADD | 10K | $3.6M | 1.5% | +$522K |
| 26 | SHELSHELL PLC | TRIM | 44K | $3.3M | 1.3% | +$85K |
| 27 | MRKMERCK & CO INC | TRIM | 28K | $2.9M | 1.2% | +$538K |
| 28 | EMREMERSON ELEC CO | TRIM | 18K | $2.4M | 1.0% | +$25K |
| 29 | NTRNUTRIEN LTD | TRIM | 39K | $2.4M | 1.0% | -$330K |
| 30 | PGPROCTER & GAMBLE CO | TRIM | 17K | $2.4M | 1.0% | -$219K |
| 31 | TXNTEXAS INSTRS INC | ADD | 13K | $2.3M | 1.0% | +$128K |
| 32 | INTCINTEL CORP | TRIM | 61K | $2.3M | 0.9% | +$75K |
| 33 | ADBEADOBE INC | ADD | 6K | $2.2M | 0.9% | +$182K |
| 34 | PFEPFIZER INC | ADD | 89K | $2.2M | 0.9% | -$27K |
| 35 | CSCOCISCO SYS INC | TRIM | 28K | $2.1M | 0.9% | +$117K |
| 36 | EATON CORP PLC | TRIM | 6K | $1.9M | 0.8% | -$460K |
| 37 | GDGENERAL DYNAMICS CORP | TRIM | 5K | $1.8M | 0.7% | -$211K |
| 38 | CTVACORTEVA INC | TRIM | 27K | $1.8M | 0.7% | -$99K |
| 39 | TMOTHERMO FISHER SCIENTIFIC INC | TRIM | 3K | $1.8M | 0.7% | +$228K |
| 40 | SNYSANOFI SA | ADD | 36K | $1.7M | 0.7% | +$86K |
| 41 | NVSNOVARTIS AG | TRIM | 12K | $1.6M | 0.7% | -$7K |
| 42 | UPSUNITED PARCEL SVCS INC | TRIM | 15K | $1.5M | 0.6% | +$32K |
| 43 | JPMJPMORGAN CHASE & CO | 3K | $1.1M | 0.4% | +$23K | |
| 44 | GEGE AEROSPACE | TRIM | 3K | $975K | 0.4% | +$18K |
| 45 | MAMASTERCARD INCORPORATED | ADD | 1K | $822K | 0.3% | +$387K |
| 46 | BLKBLACKROCK INC | 726 | $777K | 0.3% | -$69K | |
| 47 | IBMINTERNATIONAL BUSINESS MACHS | 2K | $607K | 0.2% | +$29K | |
| 48 | MCHPMICROCHIP TECHNOLOGY INC. | TRIM | 9K | $586K | 0.2% | -$109K |
| 49 | COPCONOCOPHILLIPS | TRIM | 5K | $468K | 0.2% | -$7K |
| 50 | WMTWALMART INC | 4K | $437K | 0.2% | +$33K | |
| 51 | PLTRPALANTIR TECHNOLOGIES INC | TRIM | 2K | $410K | 0.2% | -$84K |
| 52 | HDHOME DEPOT INC | 1K | $378K | 0.2% | -$67K | |
| 53 | ABTABBOTT LABORATORIES | TRIM | 3K | $321K | 0.1% | -$32K |
| 54 | GOOGALPHABET INC | TRIM | 900 | $282K | 0.1% | -$180K |
| 55 | SOSOUTHERN CO | 3K | $249K | 0.1% | -$22K | |
| 56 | CATCATERPILLAR INC | NEW | 375 | $215K | 0.1% | new |
| 57 | AMGNAMGEN INC | NEW | 640 | $209K | 0.1% | new |
Source: SEC Form 13F. Values are as-of 2025-12-31 (quarter-end), not live. Percentages are of reported 13F value, not the fund’s full AUM (13F excludes shorts, cash, bonds, most non-US holdings).