CANTOR FITZGERALD INVESTMENT ADVISORS L.P.
Reported holdings as of Q2 2026, from 25 quarterly filings.
This filer last reported in Q2 2026; the most recent quarter on file across all filers is Q3 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
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| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ISHARES TR | IEI | $89.4M | 760,770 | -0.27pp | 17q | +5.7%+$4.8M | |
| ISHARES TR | IVV | $76.9M | 102,622 | +0.31pp | 25q | +1.5%+$1.2M | |
| VANGUARD INDEX FDS | VOO | $52.7M | 76,681 | +0.11pp | 25q | -1.9%-$1.0M | |
| VANGUARD SCOTTSDALE FDS | VMBS | $50.9M | 1,087,794 | -0.35pp | 24q | -0.5%-$266.1K | |
| INVESCO QQQ TR | QQQ | $48.4M | 65,745 | +0.16pp | 19q | -9.9%-$5.3M | |
| VANGUARD TAX-MANAGED FDS | VEA | $42.0M | 589,493 | +0.03pp | 25q | -0.7%-$314.4K | |
| HEWLETT PACKARD ENTERPRISE C | HPE | $32.7M | 724,937 | +0.92pp | 11q | -1.1%-$373.4K | |
| CVS HEALTH CORP | CVS | $26.3M | 254,190 | -0.17pp | 15q | -30.6%-$11.6M | |
| SCHWAB STRATEGIC TR | SCHX | $24.1M | 817,494 | +0.05pp | 25q | -1.8%-$453.0K | |
| TEXAS INSTRS INC | TXN | $21.9M | 73,499 | +0.38pp | 6q | -3.9%-$894.2K | |
| SPDR SERIES TRUST | SPIB | $21.8M | 650,751 | -0.13pp | 25q | +0.8%+$173.0K | |
| WELLS FARGO & CO | WFC | $21.0M | 254,416 | -0.06pp | 15q | +1.2%+$251.1K | |
| ISHARES TR | IJH | $20.5M | 266,031 | +0.05pp | 25q | -0.6%-$121.5K | |
| EMERSON ELEC CO | EMR | $20.5M | 143,122 | +0.02pp | 15q | +1.4%+$282.6K | |
| VANGUARD INTL EQUITY INDEX F | VWO | $19.6M | 328,394 | +0.01pp | 25q | HELD | |
| TRUIST FINL CORP | TFC | $19.5M | 391,731 | flat | 15q | +0.8%+$148.6K | |
| STANLEY BLACK & DECKER INC | SWK | $19.3M | 204,671 | +0.24pp | 13q | +1.0%+$184.6K | |
| JOHNSON & JOHNSON | JNJ | $18.9M | 74,572 | -0.07pp | 15q | HELD | |
| US BANCORP | USB | $18.7M | 309,319 | +0.08pp | 15q | +0.7%+$135.1K | |
| UNITED PARCEL SVCS INC | UPS | $18.4M | 171,361 | +0.01pp | 25q | +1.0%+$179.6K | |
| ALTSHARES TRUST | ARB | $18.4M | 620,587 | -0.10pp | 13q | HELD | |
| KIMBERLY-CLARK CORP | KMB | $18.4M | 167,414 | +0.45pp | 15q | +51.1%+$6.2M | |
| CORNING INC | GLW | $17.7M | 69,258 | -0.36pp | 6q | -55.4%-$21.9M | |
| SMUCKER J M CO | SJM | $17.1M | 151,749 | +0.08pp | 15q | +1.0%+$162.9K | |
| MONDELEZ INTL INC | MDLZ | $16.7M | 288,847 | -0.09pp | 15q | +0.9%+$144.8K | |
| PPG INDS INC | PPG | $16.6M | 136,768 | +0.05pp | 7q | +1.3%+$214.1K | |
| WEYERHAEUSER CO | WY | $16.5M | 690,012 | -0.11pp | 3q | +1.5%+$245.6K | |
| HOME DEPOT INC | HD | $16.5M | 46,670 | +0.32pp | 11q | +43.5%+$5.0M | |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $16.1M | 203,612 | +0.01pp | 11q | +1.5%+$242.5K | |
| TRAVELERS COMPANIES INC | TRV | $15.7M | 47,614 | -0.05pp | 15q | -8.0%-$1.4M | |
| HP INC | HPQ | $15.2M | 691,447 | +0.05pp | 15q | +0.8%+$122.7K | |
| BEST BUY INC | BBY | $15.0M | 198,331 | +0.09pp | 10q | +1.1%+$159.4K | |
| BRISTOL-MYERS SQUIBB CO | BMY | $14.9M | 259,032 | -0.14pp | 15q | +1.1%+$160.1K | |
| PRUDENTIAL FINL INC | PRU | $14.8M | 137,001 | +0.03pp | 15q | +1.6%+$239.3K | |
| GENUINE PARTS CO | GPC | $14.7M | 124,903 | +0.04pp | 15q | +1.7%+$252.7K | |
| METLIFE INC | MET | $14.6M | 172,432 | +0.10pp | 15q | +1.6%+$224.7K | |
| TARGET CORP | TGT | $14.3M | 109,457 | flat | 15q | +1.1%+$148.9K | |
| MERCK & CO INC | MRK | $14.3M | 111,011 | -0.01pp | 15q | +0.8%+$110.0K | |
| ACCENTURE PLC IRELAND | ACN | $13.8M | 110,560 | - | new | NEW | |
| FIFTH THIRD BANCORP | FITB | $13.6M | 240,575 | +0.10pp | 3q | +0.9%+$119.8K | |
| CONOCOPHILLIPS | COP | $13.5M | 129,795 | -0.35pp | 15q | HELD | |
| DUKE ENERGY CORP NEW | DUK | $13.4M | 105,977 | -0.12pp | 15q | HELD | |
| EXXON MOBIL CORP | XOMXXXX | $13.2M | 96,739 | -0.79pp | 15q | -27.9%-$5.1M | |
| COMCAST CORP NEW | CMCSA | $12.9M | 527,045 | +0.17pp | 11q | +59.6%+$4.8M | |
| PHILIP MORRIS INTL INC | PM | $12.9M | 71,459 | flat | 15q | HELD | |
| MEDTRONIC PLC | MDT | $12.8M | 163,798 | -0.17pp | 15q | +0.7%+$91.2K | |
| FIDELITY NATL INFORMATION SV | FIS | $12.7M | 326,913 | -0.25pp | 13q | +1.9%+$233.8K | |
| PFIZER INC | PFE | $12.0M | 497,083 | -0.21pp | 15q | +0.9%+$112.5K | |
| DEVON ENERGY CORP NEW | DVN | $12.0M | 289,413 | -0.26pp | 15q | +0.8%+$95.2K | |
| STATE STR CORP | STT | $11.9M | 70,456 | +0.15pp | 6q | +0.7%+$80.4K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $11.8M | 41,840 | +0.60pp | 15q | +294.9%+$8.8M | |
| CHEVRON CORPORATION | CVX | $11.5M | 69,156 | -0.29pp | 15q | -0.7%-$75.6K | |
| DOLLAR GEN CORP | DG | $11.4M | 99,250 | -0.08pp | 8q | +2.6%+$294.9K | |
| AMCOR PLC | AMCR | $10.7M | 247,951 | +0.01pp | 2q | +1.1%+$119.7K | |
| VERIZON COMMUNICATIONS INC | VZ | $10.6M | 250,706 | -0.21pp | 15q | +0.7%+$78.3K | |
| VANGUARD SCOTTSDALE FDS | VGIT | $10.3M | 174,652 | -0.05pp | 13q | +3.2%+$320.9K | |
| NOVO-NORDISK A S | NVO | $10.3M | 214,075 | +0.59pp | 4q | +479.0%+$8.5M | |
| LOCKHEED MARTIN CORP | LMT | $10.0M | 19,712 | -0.20pp | 15q | +0.7%+$66.7K | |
| NISOURCE INC | NI | $9.5M | 198,845 | -0.05pp | 10q | HELD | |
| APPLE INC | AAPL | $8.9M | 30,774 | +0.03pp | 25q | +0.6%+$51.2K | |
| JPMORGAN CHASE & CO | JPM | $8.7M | 26,692 | flat | 15q | -1.3%-$112.9K | |
| VANGUARD SCOTTSDALE FDS | VCIT | $8.4M | 102,191 | -0.08pp | 17q | -4.2%-$370.4K | |
| SCHWAB STRATEGIC TR | SCHM | $8.0M | 216,525 | +0.04pp | 25q | -1.7%-$140.8K | |
| SHELL PLC | SHEL | $7.7M | 98,748 | -0.15pp | 12q | +1.1%+$84.5K | |
| SLB LIMITED | SLB | $7.6M | 163,534 | -0.10pp | 8q | +0.7%+$56.5K | |
| UNILEVER PLC | UL | $7.3M | 122,201 | - | new | NEW | |
| LYONDELLBASELL INDUSTRIES NV | LYB | $7.2M | 136,462 | -0.32pp | 5q | +0.9%+$67.0K | |
| TRACTOR SUPPLY CO | TSCO | $7.2M | 226,841 | - | new | NEW | |
| FIDELITY COVINGTON TRUST | FTEC | $7.0M | 24,425 | +0.02pp | 12q | -17.0%-$1.4M | |
| ISHARES TR | IDEV | $7.0M | 78,178 | -0.02pp | 20q | -2.4%-$171.4K | |
| CONAGRA BRANDS INC | CAG | $6.9M | 512,550 | -0.12pp | 7q | +1.4%+$96.5K | |
| SPDR SERIES TRUST | SPMB | $6.8M | 305,897 | -0.04pp | 13q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $6.8M | 9,042 | +0.02pp | 25q | +0.7%+$45.6K | |
| ISHARES TR | IJR | $6.4M | 43,411 | +0.03pp | 25q | -2.0%-$134.4K | |
| SPDR SERIES TRUST | SJNK | $6.0M | 241,592 | -0.05pp | 25q | -2.0%-$122.5K | |
| AT&T INC | T | $5.9M | 283,311 | -0.21pp | 15q | +0.8%+$46.4K | |
| MICROSOFT CORP | MSFT | $5.2M | 13,808 | -0.03pp | 23q | HELD | |
| VANGUARD INDEX FDS | VTI | $5.1M | 13,778 | +0.01pp | 25q | -3.1%-$160.6K | |
| CISCO SYS INC | CSCO | $4.9M | 41,888 | -0.77pp | 15q | -78.2%-$17.6M | |
| ISHARES INC | IEMG | $4.7M | 56,842 | +0.01pp | 25q | -3.7%-$180.0K | |
| NVIDIA CORPORATION | NVDA | $4.6M | 22,882 | +0.01pp | 8q | -3.0%-$142.3K | |
| DBX ETF TR | SHYL | $4.4M | 99,306 | -0.02pp | 25q | +2.9%+$124.3K | |
| NATIONAL FUEL GAS CO | NFG | $4.0M | 52,291 | -0.08pp | 15q | +2.6%+$101.7K | |
| BANK OF AMER CORP | BAC | $4.0M | 70,785 | +0.02pp | 15q | +0.9%+$37.9K | |
| VANGUARD BD INDEX FDS | BND | $4.0M | 54,804 | -0.02pp | 25q | +2.5%+$97.9K | |
| VANGUARD INDEX FDS | VV | $3.6M | 10,528 | +0.02pp | 25q | +1.7%+$61.6K | |
| BANK OF NY MELLON CORP | BNY | $3.6M | 24,960 | +0.01pp | 15q | -5.9%-$226.3K | |
| BROADCOM INC | AVGO | $3.4M | 9,010 | +0.02pp | 15q | -3.1%-$107.7K | |
| SIMON PPTY GROUP INC NEW | SPG | $3.1M | 14,000 | +0.02pp | 15q | +0.9%+$27.1K | |
| RTX CORPORATION | RTX | $3.0M | 16,067 | -0.02pp | 15q | +1.7%+$51.4K | |
| QUANTA SVCS INC | PWR | $3.0M | 4,225 | flat | 13q | -16.5%-$599.1K | |
| APPLIED MATLS INC | AMAT | $2.7M | 3,774 | +0.08pp | 8q | -5.0%-$144.6K | |
| EATON CORP PLC | ETN | $2.6M | 6,100 | +0.02pp | 15q | +1.6%+$41.3K | |
| WALMART INC | WMT | $2.6M | 22,690 | -0.03pp | 17q | +2.3%+$58.3K | |
| DELL TECHNOLOGIES INC | DELL | $2.6M | 5,945 | +0.06pp | 8q | -34.2%-$1.3M | |
| ISHARES TR | EAGG | $2.6M | 53,791 | -0.01pp | 15q | +1.6%+$40.1K | |
| CAPITAL ONE FINL CORP | COF | $2.5M | 12,445 | flat | 15q | +2.0%+$48.1K | |
| FEDEX CORP | FDX | $2.4M | 7,758 | -0.04pp | 15q | +1.4%+$32.9K | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $2.2M | 3 | -0.01pp | 6q | HELD | |
| NEW YORK LIFE INVESTMENTS ET | MNA | $2.1M | 58,222 | -0.02pp | 11q | -3.2%-$70.2K | |
| SPDR INDEX SHS FDS | SPEM | $2.1M | 40,852 | flat | 8q | +1.1%+$22.5K | |
| COSTCO WHOLESALE CORPORATION | COST | $2.1M | 2,238 | -0.02pp | 25q | HELD | |
| VANGUARD INDEX FDS | VO | $2.0M | 24,316 | +0.01pp | 25q | +311.8%+$1.5M | |
| SPDR SERIES TRUST | SPYV | $2.0M | 32,212 | flat | 8q | +2.6%+$50.2K | |
| DOMINION ENERGY INC | D | $2.0M | 28,669 | flat | 12q | +1.8%+$33.9K | |
| DBX ETF TR | SNPE | $1.9M | 28,236 | +0.01pp | 20q | HELD | |
| SPDR SERIES TRUST | SPYG | $1.9M | 15,697 | +0.02pp | 8q | +3.4%+$61.2K | |
| ISHARES TR | MBB | $1.9M | 19,758 | flat | 8q | +7.2%+$126.2K | |
| SCHWAB STRATEGIC TR | SCHA | $1.8M | 50,932 | +0.01pp | 25q | -0.6%-$10.6K | |
| NUCOR CORP | NUE | $1.8M | 8,051 | +0.02pp | 15q | +0.6%+$10.0K | |
| ANALOG DEVICES INC | ADI | $1.8M | 4,431 | +0.01pp | 8q | HELD | |
| ISHARES TR | ITOT | $1.7M | 10,301 | +0.01pp | 8q | HELD | |
| PEPSICO INC | PEP | $1.6M | 11,855 | -0.03pp | 15q | +1.7%+$26.3K | |
| TJX COS INC NEW | TJX | $1.6M | 10,569 | -0.01pp | 15q | +1.7%+$26.5K | |
| VANGUARD INTL EQUITY INDEX F | VEU | $1.6M | 19,091 | flat | 25q | -3.3%-$54.8K | |
| ELEVANCE HEALTH INC FORMERLY | ELV | $1.5M | 3,960 | +0.02pp | 4q | +2.3%+$34.8K | |
| DOW HLDGS INC | DOW | $1.5M | 55,270 | -0.07pp | 15q | +1.4%+$21.5K | |
| VISA INC | V | $1.5M | 4,279 | flat | 11q | HELD | |
| SOUTHWEST AIRLS CO | LUV | $1.4M | 28,175 | +0.02pp | 2q | +2.6%+$37.3K | |
| VANGUARD SPECIALIZED FUNDS | VIG | $1.4M | 6,095 | flat | 25q | -0.8%-$11.8K | |
| TRANE TECHNOLOGIES PLC | TT | $1.4M | 2,873 | +0.01pp | 15q | +2.1%+$29.5K | |
| SONOCO PRODS CO | SON | $1.3M | 23,835 | flat | 4q | +2.2%+$28.7K | |
| CATERPILLAR INC | CAT | $1.3M | 1,215 | +0.02pp | 8q | HELD | |
| AMAZON COM INC | AMZN | $1.3M | 5,409 | flat | 9q | HELD | |
| ABBVIE INC | ABBV | $1.2M | 4,900 | flat | 8q | HELD | |
| ISHARES TR | IWM | $1.2M | 4,053 | +0.01pp | 25q | -1.7%-$21.6K | |
| ATMOS ENERGY CORP | ATO | $1.2M | 7,034 | -0.01pp | 14q | +2.9%+$33.6K | |
| BLACKSTONE INC | BX | $1.1M | 9,489 | -0.01pp | 15q | HELD | |
| MASTERCARD INCORPORATED | MA | $1.1M | 2,128 | flat | 11q | HELD | |
| SCHWAB STRATEGIC TR | SCHR | $1.1M | 44,300 | -0.01pp | 8q | -1.0%-$10.6K | |
| LINCOLN NATL CORP IND | LNC | $1.0M | 29,562 | -0.01pp | 15q | +2.2%+$22.3K | |
| FORD MTR CO | F | $974.4K | 70,100 | +0.01pp | 15q | -1.4%-$13.9K | |
| DIMENSIONAL ETF TRUST | DFUV | $948.0K | 17,233 | flat | 11q | HELD | |
| NUSHARES ETF TR | NUBD | $938.1K | 42,379 | -0.01pp | 21q | -1.1%-$10.2K | |
| ISHARES TR | IEFA | $897.9K | 9,297 | flat | 25q | -2.6%-$23.8K | |
| VANGUARD SCOTTSDALE FDS | VGLT | $875.4K | 15,865 | -0.01pp | 8q | -1.1%-$9.4K | |
| META PLATFORMS INC | META | $863.5K | 1,533 | -0.01pp | 19q | HELD | |
| ISHARES TR | IUSB | $846.6K | 18,345 | -0.01pp | 8q | HELD | |
| GLOBAL X FDS | CLIP | $828.8K | 8,260 | -0.01pp | 8q | HELD | |
| SPDR INDEX SHS FDS | SPDW | $774.4K | 15,369 | +0.01pp | 8q | +11.8%+$81.7K | |
| PROCTER & GAMBLE CO | PG | $744.6K | 5,078 | flat | 25q | HELD | |
| QUALCOMM INC | QCOM | $728.1K | 3,940 | +0.01pp | 25q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $712.1K | 1,423 | flat | 12q | HELD | |
| ISHARES TR | IXUS | $694.2K | 7,274 | flat | 8q | HELD | |
| SPDR GOLD TR | GLD | $669.3K | 1,817 | -0.01pp | 17q | HELD | |
| ISHARES TR | SUSB | $648.7K | 25,959 | flat | 24q | HELD | |
| ISHARES TR | ESGU | $613.1K | 3,746 | flat | 22q | -4.8%-$30.6K | |
| LAM RESEARCH CORP | LRCX | $592.4K | 1,367 | +0.02pp | 3q | HELD | |
| FEDEX FGHT HLDG CO INC | $583.8K | 3,866 | - | new | NEW | ||
| ISHARES TR | AGG | $552.3K | 5,580 | flat | 3q | +1.8%+$10.0K | |
| SPDR SERIES TRUST | BIL | $538.8K | 5,879 | -0.01pp | 8q | -5.3%-$30.1K | |
| CUMMINS INC | CMI | $499.2K | 700 | +0.01pp | 4q | HELD | |
| ALPHABET INC | GOOGL | $484.2K | 1,355 | -0.01pp | 8q | -27.0%-$178.7K | |
| DBX ETF TR | EASG | $472.3K | 12,315 | flat | 15q | HELD | |
| GE AEROSPACE | GE | $433.9K | 1,161 | flat | 14q | -2.1%-$9.3K | |
| SOUTHERN CO | SO | $430.7K | 4,500 | -0.01pp | 11q | -10.0%-$47.9K | |
| ALPHABET INC | GOOG | $406.3K | 1,150 | flat | 4q | HELD | |
| GOLDMAN SACHS GROUP INC | GS | $404.5K | 400 | flat | 7q | HELD | |
| BOOT BARN HLDGS INC | BOOT | $400.8K | 2,440 | flat | 8q | HELD | |
| ISHARES TR | DVY | $398.3K | 2,548 | flat | 8q | HELD | |
| ISHARES TR | FLOT | $384.5K | 7,531 | flat | 25q | HELD | |
| INTEL CORP | INTC | $376.8K | 2,698 | -0.09pp | 15q | -92.3%-$4.5M | |
| VANGUARD BD INDEX FDS | BSV | $367.9K | 4,723 | flat | 8q | +10.1%+$33.7K | |
| ISHARES TR | XJH | $360.6K | 6,915 | flat | 9q | -1.2%-$4.3K | |
| AGILENT TECHNOLOGIES INC | A | $352.7K | 2,655 | flat | 25q | HELD | |
| GE VERNOVA INC | GEV | $350.1K | 298 | flat | 5q | HELD | |
| VANGUARD SCOTTSDALE FDS | VCSH | $347.2K | 4,393 | flat | 8q | HELD | |
| 3M CO | MMM | $339.4K | 2,096 | flat | 20q | HELD | |
| CSX CORP | CSX | $300.6K | 6,325 | flat | 5q | HELD | |
| TEXAS CAP BANCSHARES INC | TCBI | $299.5K | 2,900 | -0.02pp | 11q | -44.2%-$237.5K | |
| NORFOLK SOUTHN CORP | NSC | $291.0K | 925 | flat | 8q | HELD | |
| MONSTER BEVERAGE CORP NEW | MNST | $288.4K | 3,000 | flat | 4q | HELD | |
| SCHWAB STRATEGIC TR | SCHB | $288.2K | 9,950 | flat | 7q | HELD | |
| DBX ETF TR | EMCS | $279.2K | 5,952 | flat | 15q | -1.6%-$4.5K | |
| TAPESTRY INC | TPR | $270.8K | 1,850 | flat | 15q | HELD | |
| MICRON TECHNOLOGY INC | MU | $265.5K | 230 | - | new | NEW | |
| INVESCO EXCH TRADED FD TR II | VRP | $227.1K | 9,342 | flat | 2q | -2.9%-$6.7K | |
| VANGUARD WORLD FD | VGT | $223.9K | 1,873 | - | new | NEW | |
| SPDR SERIES TRUST | EFIV | $223.5K | 3,065 | - | new | NEW | |
| SALESFORCE INC | CRM | $220.9K | 1,410 | flat | 8q | HELD | |
| VANGUARD STAR FDS | VXUS | $213.2K | 2,494 | flat | 2q | -4.5%-$10.1K | |
| ISHARES TR | SGOV | $200.7K | 1,994 | flat | 3q | HELD | |
| NUVEEN CALIFORNIA MUNI VLU F | NCA | $109.8K | 11,772 | flat | 25q | HELD | |
| FTAI INFRASTRUCTURE INC | FIP | $48.7K | 10,500 | flat | 11q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Banks & Lending | $103.9M | 7.0% |
| Computer Hardware | $76.0M | 5.1% |
| Retail & Consumer | $72.6M | 4.9% |
| Biotech & Pharma | $71.9M | 4.9% |
| Energy | $57.4M | 3.9% |
| Semiconductors & Electronics | $57.0M | 3.8% |
| Food, Drink & Tobacco | $55.5M | 3.7% |
| Funds & ETFs | $55.3M | 3.7% |
| Industrials | $54.7M | 3.7% |
| Insurance | $50.6M | 3.4% |
| Chemicals | $49.5M | 3.3% |
| Telecom & Media | $29.4M | 2.0% |
| Other sectors | $198.4M | 13.4% |
| Not classified | $550.2M | 37.1% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.9% | +14.8% | -4.9% | 100% |
| Q1 2026 | +2.7% | -4.6% | +7.4% | 100% |
| Q4 2025 | +1.7% | +2.4% | -0.6% | 100% |
| Q3 2025 | +4.9% | +7.8% | -3.0% | 100% |
| Q2 2025 | +3.3% | +10.5% | -7.2% | 100% |
| Q1 2025 | +1.4% | -4.6% | +6.0% | 100% |
| Q4 2024 | -2.3% | +2.1% | -4.4% | 100% |
| Q3 2024 | +7.7% | +5.4% | +2.3% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $1.5B | 184 | 7 | 76 | 50 | 1 | 31.4% | 24 |
| Q1 2026 | $1.4B | 178 | 4 | 57 | 84 | 11 | 31.1% | 23 |
| Q4 2025 | $1.4B | 185 | 7 | 26 | 101 | 13 | 30.7% | 23 |
| Q3 2025 | $1.5B | 191 | 8 | 46 | 65 | 3 | 28.2% | 21 |
| Q2 2025 | $1.4B | 186 | 6 | 56 | 52 | 2 | 28.2% | 18 |
| Q1 2025 | $1.4B | 182 | 6 | 48 | 90 | 7 | 27.0% | 22 |
| Q4 2024 | $1.4B | 183 | 4 | 55 | 76 | 7 | 25.5% | 28 |
| Q3 2024 | $1.5B | 186 | 40 | 63 | 33 | 1 | 25.1% | 25 |
| Q2 2024 | $1.3B | 147 | 4 | 39 | 75 | 2 | 25.6% | 19 |
| Q1 2024 | $1.3B | 145 | 2 | 17 | 95 | 6 | 25.1% | 30 |
| Q4 2023 | $1.3B | 149 | 16 | 26 | 106 | 173 | 25.7% | 43 |
| Q1 2022 | $2.2B | 306 | 18 | 99 | 34 | 15 | 24.8% | 41 |
| Q4 2021 | $1.6B | 303 | 151 | 53 | 62 | 1 | 33.8% | 45 |
| Q3 2021 | $1.4B | 153 | 3 | 64 | 47 | 4 | 41.1% | 14 |
| Q2 2021 | $1.4B | 154 | 87 | 30 | 25 | 0 | 42.4% | 16 |
| Q1 2021 | $703.1M | 67 | 0 | 0 | 2 | 0 | 70.1% | 14 |
| Q4 2020 | $704.0M | 67 | 12 | 17 | 31 | 4 | 70.1% | 14 |
| Q3 2020 | $611.5M | 59 | 0 | 0 | 5 | 0 | 66.1% | 13 |
| Q2 2020 | $612.4M | 59 | 5 | 14 | 23 | 4 | 66.0% | 15 |
| Q1 2020 | $544.6M | 58 | 9 | 16 | 18 | 6 | 69.9% | 23 |
| Q4 2019 | $640.1M | 55 | 5 | 13 | 25 | 3 | 76.8% | 14 |
| Q3 2019 | $613.8M | 53 | 2 | 11 | 23 | 5 | 76.8% | 18 |
| Q2 2019 | $639.5M | 56 | 4 | 10 | 21 | 4 | 76.1% | 11 |
| Q1 2019 | $629.9M | 56 | 8 | 17 | 16 | 3 | 75.5% | 26 |
| Q4 2018 | $604.6M | 51 | 0 | 0 | 0 | 0 | 76.0% | 43 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.