13F holdings as of 2025-09-30 · vs 2025-06-30 · long US-listed positions only
| # | Holding | Shares | Value | % of 13F | QoQ Δ | |
|---|---|---|---|---|---|---|
| 1 | SPYSTATE STR SPDR S&P 500 ETF T | 109K | $72.6M | 17.9% | +$5.3M | |
| 2 | QQQINVESCO QQQ TR | 100K | $60.0M | 14.8% | +$4.9M | |
| 3 | GOOGLALPHABET INC | 66K | $16.0M | 4.0% | +$4.4M | |
| 4 | MSFTMICROSOFT CORP | 30K | $15.5M | 3.8% | +$616K | |
| 5 | AVGOBROADCOM INC | TRIM | 46K | $15.2M | 3.7% | -$6.9M |
| 6 | NVDANVIDIA CORPORATION | 74K | $13.8M | 3.4% | +$2.1M | |
| 7 | AAPLAPPLE INC | 50K | $12.7M | 3.1% | +$2.5M | |
| 8 | JPMJPMORGAN CHASE & CO | 33K | $10.4M | 2.6% | +$842K | |
| 9 | AMZNAMAZON COM INC | 46K | $10.0M | 2.5% | +$8K | |
| 10 | METAMETA PLATFORMS INC | TRIM | 12K | $9.1M | 2.2% | -$5.7M |
| 11 | CATCATERPILLAR INC | 15K | $7.2M | 1.8% | +$1.3M | |
| 12 | WMTWALMART INC | 60K | $6.2M | 1.5% | +$317K | |
| 13 | ABTABBOTT LABORATORIES | 45K | $6.0M | 1.5% | -$93K | |
| 14 | MAMASTERCARD INCORPORATED | TRIM | 10K | $5.8M | 1.4% | -$2.6M |
| 15 | VVISA INC | TRIM | 17K | $5.7M | 1.4% | -$3.1M |
| 16 | VEAVANGUARD TAX-MANAGED FDS | 95K | $5.7M | 1.4% | +$276K | |
| 17 | RTXRTX CORPORATION | 33K | $5.6M | 1.4% | +$711K | |
| 18 | JNJJOHNSON & JOHNSON | 30K | $5.6M | 1.4% | +$980K | |
| 19 | TJXTJX COS INC NEW | 38K | $5.5M | 1.4% | +$800K | |
| 20 | LHXL3HARRIS TECHNOLOGIES INC | 17K | $5.2M | 1.3% | +$928K | |
| 21 | PANWPALO ALTO NETWORKS INC | TRIM | 24K | $5.0M | 1.2% | -$4.8M |
| 22 | COSTCOSTCO WHOLESALE CORPORATION | 5K | $4.6M | 1.1% | -$322K | |
| 23 | LOWLOWES COS INC | 18K | $4.5M | 1.1% | +$530K | |
| 24 | UNHUNITEDHEALTH GROUP INC | 13K | $4.5M | 1.1% | +$433K | |
| 25 | BXBLACKSTONE INC | 25K | $4.3M | 1.1% | +$532K | |
| 26 | UNPUNION PAC CORP | 18K | $4.3M | 1.0% | +$113K | |
| 27 | PGPROCTER & GAMBLE CO | 27K | $4.1M | 1.0% | -$153K | |
| 28 | PMPHILIP MORRIS INTL INC | 25K | $4.1M | 1.0% | -$498K | |
| 29 | ABBVABBVIE INC | 17K | $3.9M | 1.0% | +$781K | |
| 30 | SPGIS&P GLOBAL INC | 8K | $3.9M | 1.0% | -$325K | |
| 31 | CRMSALESFORCE INC | 16K | $3.8M | 0.9% | -$571K | |
| 32 | LMTLOCKHEED MARTIN CORP | 7K | $3.5M | 0.9% | +$252K | |
| 33 | TMOTHERMO FISHER SCIENTIFIC INC | 7K | $3.4M | 0.8% | +$557K | |
| 34 | CHDNCHURCHILL DOWNS INC | 32K | $3.1M | 0.8% | -$128K | |
| 35 | MCDMCDONALDS CORP | 10K | $3.0M | 0.7% | +$117K | |
| 36 | NEENEXTERA ENERGY INC | 40K | $3.0M | 0.7% | +$243K | |
| 37 | CVXCHEVRON CORPORATION | 19K | $3.0M | 0.7% | +$230K | |
| 38 | MPCMARATHON PETE CORP | TRIM | 15K | $2.9M | 0.7% | -$2.1M |
| 39 | COPCONOCOPHILLIPS | TRIM | 30K | $2.8M | 0.7% | -$752K |
| 40 | HDHOME DEPOT INC | 7K | $2.8M | 0.7% | +$270K | |
| 41 | AMGNAMGEN INC | 10K | $2.8M | 0.7% | +$30K | |
| 42 | AEPAMERICAN ELEC PWR CO INC | 25K | $2.8M | 0.7% | +$219K | |
| 43 | INTUINTUIT | 4K | $2.7M | 0.7% | -$419K | |
| 44 | MRKMERCK & CO INC | 32K | $2.7M | 0.7% | +$151K | |
| 45 | ELVELEVANCE HEALTH INC FORMERLY | 8K | $2.6M | 0.6% | -$527K | |
| 46 | CARRCARRIER GLOBAL CORPORATION | 40K | $2.4M | 0.6% | -$540K | |
| 47 | HSYHERSHEY CO | 13K | $2.3M | 0.6% | +$264K | |
| 48 | MCHPMICROCHIP TECHNOLOGY INC. | 36K | $2.3M | 0.6% | -$221K | |
| 49 | NOWSERVICENOW INC | 3K | $2.3M | 0.6% | -$270K | |
| 50 | ADBEADOBE INC | 6K | $2.1M | 0.5% | -$205K | |
| 51 | PEPPEPSICO INC | 15K | $2.1M | 0.5% | +$126K | |
| 52 | XOMEXXON MOBIL CORP | 18K | $2.0M | 0.5% | +$89K | |
| 53 | KOCOCA COLA CO | 30K | $2.0M | 0.5% | -$133K | |
| 54 | DHRDANAHER CORP DEL | 10K | $2.0M | 0.5% | +$7K | |
| 55 | GISGENERAL MILLS INC | 38K | $1.9M | 0.5% | -$52K | |
| 56 | AWKAMERICAN WTR WKS CO INC NEW | 12K | $1.7M | 0.4% | +$960 | |
| 57 | BF/BBROWN FORMAN CORP | 22K | $596K | 0.1% | +$4K | |
| 58 | VLTOVERALTO CORP | 3K | $355K | 0.1% | +$19K |
Source: SEC Form 13F. Values are as-of 2025-09-30 (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).