HF Advisory Group, LLC
Reported holdings as of Q3 2026, from 16 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ISHARES TR | DGRO | $10.7M | 141,759 | -0.01pp | 16q | +3.9%+$398.6K | |
| MICROSOFT CORP | MSFT | $8.5M | 16,633 | +0.55pp | 16q | -3.5%-$309.8K | |
| ISHARES TR | FALN | $8.4M | 322,026 | +0.01pp | 16q | +9.5%+$723.9K | |
| ALPHABET INC | GOOG | $7.0M | 20,554 | +0.05pp | 16q | +10.2%+$646.4K | |
| SPDR SERIES TRUST | LGLV | $6.9M | 39,683 | -0.07pp | 16q | +4.7%+$312.2K | |
| VERIZON COMMUNICATIONS INC | VZ | $6.8M | 148,601 | +0.22pp | 16q | +7.7%+$487.5K | |
| JPMORGAN CHASE & CO | JPM | $6.3M | 19,156 | +0.13pp | 16q | +10.2%+$588.5K | |
| SPDR SERIES TRUST | SPHY | $6.3M | 279,407 | +0.04pp | 16q | +10.3%+$591.5K | |
| AMAZON COM INC | AMZN | $6.0M | 24,216 | +0.24pp | 16q | +14.7%+$772.1K | |
| PLAINS GP HLDGS L P | PAGP | $5.7M | 218,815 | +0.10pp | 14q | +3.3%+$179.8K | |
| META PLATFORMS INC | META | $5.6M | 7,754 | +0.44pp | 16q | +9.5%+$488.8K | |
| PEPSICO INC | PEP | $5.2M | 41,151 | +0.47pp | 9q | +59.2%+$1.9M | |
| WELLS FARGO & CO | WFC | $5.1M | 64,296 | -0.02pp | 16q | +5.6%+$273.2K | |
| TC ENERGY CORP | TRP | $5.1M | 88,564 | -0.15pp | 14q | +8.5%+$398.9K | |
| EXXONMOBIL HOLDINGS CORP COM SHS | XOM | $5.0M | 30,569 | - | new | NEW | |
| SHELL PLC | SHEL | $4.9M | 51,091 | +0.29pp | 16q | +6.2%+$283.1K | |
| DOUBLELINE ETF TRUST | CAPE | $4.8M | 156,526 | -0.06pp | 16q | +4.6%+$212.8K | |
| SPDR SERIES TRUST | SPYM | $4.8M | 53,772 | flat | 16q | +1.7%+$79.3K | |
| KENVUE INC | KVUE | $4.7M | 266,164 | -0.13pp | 13q | +2.5%+$115.5K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $4.6M | 9,324 | -0.15pp | 16q | -6.0%-$298.8K | |
| INVESCO QQQ TR | QQQ | $4.3M | 5,779 | -0.01pp | 16q | +2.2%+$90.3K | |
| SOUTHERN CO | SO | $4.1M | 49,363 | -0.11pp | 16q | +10.2%+$378.3K | |
| VISA INC | V | $4.1M | 11,339 | flat | 16q | -0.8%-$33.8K | |
| VANGUARD WORLD FD | MGC | $3.9M | 13,934 | +0.02pp | 16q | +2.5%+$95.4K | |
| APPLIED MATLS INC | AMAT | $3.9M | 7,668 | -0.21pp | 7q | +24.1%+$762.0K | |
| GILEAD SCIENCES INC | GILD | $3.8M | 25,492 | +0.22pp | 16q | +8.6%+$302.4K | |
| BOOKING HOLDINGS INC | BKNG | $3.8M | 23,153 | -0.14pp | 16q | +1.1%+$39.7K | |
| VODAFONE GROUP PLC | VOD | $3.8M | 233,425 | +0.22pp | 14q | +6.0%+$214.7K | |
| AT&T INC | T | $3.8M | 154,318 | +0.28pp | 16q | +16.9%+$544.4K | |
| RTX CORPORATION | RTX | $3.8M | 20,202 | -0.10pp | 16q | -2.5%-$94.7K | |
| SPDR SERIES TRUST | CWB | $3.7M | 36,344 | -0.06pp | 16q | +4.5%+$157.1K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $3.6M | 7,978 | -0.11pp | 16q | -1.1%-$41.5K | |
| ISHARES TR | ESGU | $3.5M | 20,899 | flat | 16q | +2.0%+$69.1K | |
| KILROY REALTY CORP | KRC | $3.5M | 104,605 | -0.15pp | 9q | +1.8%+$60.3K | |
| SCHWAB CHARLES CORP | SCHW | $3.5M | 35,531 | -0.14pp | 16q | -13.9%-$560.2K | |
| PHILIP MORRIS INTL INC | PM | $3.5M | 18,154 | -0.16pp | 14q | -15.1%-$616.4K | |
| NVIDIA CORPORATION | NVDA | $3.4M | 14,901 | +0.08pp | 16q | -1.2%-$40.9K | |
| TRUIST FINL CORP | TFC | $3.4M | 72,628 | -0.04pp | 11q | +7.6%+$238.9K | |
| BRITISH AMERN TOB PLC | BTI | $3.3M | 60,282 | -0.08pp | 16q | +9.4%+$281.3K | |
| APPLE INC | AAPL | $3.2M | 9,569 | +0.01pp | 16q | -9.1%-$318.4K | |
| PFIZER INC | PFE | $3.1M | 110,318 | +0.17pp | 16q | +7.8%+$226.4K | |
| ALTRIA GROUP INC | MO | $3.1M | 45,453 | -0.04pp | 16q | +5.8%+$168.1K | |
| ANALOG DEVICES INC | ADI | $3.1M | 7,703 | +0.27pp | 14q | +48.8%+$1.0M | |
| NISOURCE INC | NI | $3.0M | 77,833 | -0.12pp | 12q | +12.1%+$327.6K | |
| TEXAS INSTRS INC | TXN | $3.0M | 10,714 | -0.03pp | 16q | +7.4%+$206.7K | |
| CONOCOPHILLIPS | COP | $3.0M | 23,590 | +0.16pp | 16q | +4.9%+$138.4K | |
| GENERAL MILLS INC | GIS | $2.8M | 87,493 | -0.06pp | 16q | +5.0%+$133.7K | |
| VANGUARD WORLD FD | VGT | $2.8M | 22,376 | -0.01pp | 16q | -2.9%-$85.5K | |
| LLOYDS BANKING GROUP PLC | LYG | $2.6M | 453,004 | -0.04pp | 11q | +1.6%+$40.4K | |
| ELI LILLY & CO | LLY | $2.5M | 2,191 | -0.08pp | 16q | -2.4%-$63.7K | |
| WISDOMTREE TR | DON | $2.5M | 46,556 | -0.07pp | 16q | HELD | |
| ACCENTURE PLC IRELAND | ACN | $2.5M | 13,434 | +0.56pp | 2q | +197.8%+$1.6M | |
| HEALTHPEAK PROPERTIES INC | DOC | $2.4M | 119,509 | -0.15pp | 4q | -8.4%-$218.1K | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $2.3M | 15,384 | +0.46pp | 2q | +147.5%+$1.4M | |
| ELEVANCE HEALTH INC FORMERLY | ELV | $2.3M | 5,923 | -0.12pp | 16q | -12.7%-$333.6K | |
| BECTON DICKINSON & CO | BDX | $2.3M | 12,825 | +0.10pp | 13q | +3.4%+$76.4K | |
| INVESCO EXCHANGE TRADED FD T | SPHQ | $2.2M | 26,098 | -0.06pp | 16q | +2.2%+$46.7K | |
| GENERAL DYNAMICS CORP | GD | $2.2M | 6,574 | -0.09pp | 16q | -2.7%-$59.4K | |
| PACER FDS TR | COWZ | $2.1M | 31,371 | +0.04pp | 13q | +3.6%+$72.5K | |
| MEDTRONIC PLC | MDT | $2.0M | 23,577 | +0.06pp | 11q | +5.2%+$100.5K | |
| MARRIOTT INTL INC NEW | MAR | $2.0M | 5,679 | -0.05pp | 16q | HELD | |
| IQVIA HLDGS INC | IQV | $2.0M | 7,294 | +0.04pp | 16q | -19.8%-$484.2K | |
| SALESFORCE INC | CRM | $1.9M | 8,216 | +0.05pp | 16q | -22.8%-$558.1K | |
| WISDOMTREE TR | USFR | $1.8M | 36,144 | +0.02pp | 16q | +7.7%+$130.2K | |
| SPDR SERIES TRUST | ONEV | $1.8M | 12,841 | -0.03pp | 16q | +1.2%+$20.6K | |
| TESLA INC | TSLA | $1.8M | 5,027 | -0.12pp | 16q | HELD | |
| SPDR SERIES TRUST | SPAB | $1.7M | 68,361 | -0.03pp | 16q | +2.4%+$38.6K | |
| ISHARES TR | SMMD | $1.6M | 19,102 | -0.05pp | 16q | HELD | |
| SPDR SERIES TRUST | MDYV | $1.5M | 17,221 | -0.06pp | 16q | -1.8%-$27.3K | |
| VANGUARD INDEX FDS | VUG | $1.5M | 16,888 | flat | 16q | -1.0%-$16.1K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $1.5M | 1,956 | -0.01pp | 16q | -1.3%-$19.8K | |
| FIDELITY COVINGTON TRUST | FREL | $1.5M | 54,787 | -0.06pp | 16q | HELD | |
| ISHARES TR | IMCG | $1.5M | 15,772 | -0.02pp | 16q | +3.4%+$48.3K | |
| ORACLE CORP | ORCL | $1.5M | 10,733 | -0.11pp | 15q | -11.0%-$183.0K | |
| ISHARES TR | ESGD | $1.5M | 14,071 | flat | 16q | +3.3%+$45.9K | |
| WISDOMTREE TR | DDWM | $1.4M | 30,910 | flat | 16q | +4.9%+$65.7K | |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $1.4M | 16,789 | -0.02pp | 13q | -5.9%-$88.3K | |
| COMCAST CORP NEW | CMCSA | $1.4M | 63,944 | -0.12pp | 15q | -8.6%-$131.5K | |
| UNILEVER PLC | UL | $1.4M | 22,316 | -0.40pp | 4q | -48.6%-$1.3M | |
| MCKESSON CORP | MCK | $1.3M | 1,577 | +0.05pp | 13q | +4.0%+$52.1K | |
| GLOBAL X FDS | QYLD | $1.3M | 71,232 | flat | 16q | +3.0%+$38.7K | |
| NOVARTIS AG | NVS | $1.3M | 8,897 | -0.04pp | 13q | +4.0%+$49.3K | |
| OMNICOM GROUP INC | OMC | $1.3M | 17,154 | +0.01pp | 13q | +5.2%+$63.0K | |
| ENBRIDGE INC | ENB | $1.3M | 27,109 | -0.08pp | 16q | -1.1%-$14.1K | |
| CARDINAL HEALTH INC | CAH | $1.2M | 5,440 | -0.04pp | 16q | -1.4%-$17.4K | |
| WISDOMTREE TR | SHAG | $1.2M | 25,746 | flat | 16q | +6.8%+$76.5K | |
| SPDR SERIES TRUST | SMLV | $1.1M | 7,541 | -0.03pp | 16q | -0.7%-$7.5K | |
| DISNEY WALT CO | DIS | $1.1M | 10,739 | +0.02pp | 16q | +1.1%+$12.8K | |
| JOHNSON & JOHNSON | JNJ | $1.1M | 4,215 | -0.01pp | 16q | -2.5%-$28.3K | |
| UNITED PARCEL SVCS INC | UPS | $1.1M | 11,893 | -0.03pp | 8q | +8.1%+$83.7K | |
| AON PLC | AON | $1.1M | 3,951 | -0.05pp | 3q | +8.6%+$86.6K | |
| PIMCO DYNAMIC INCOME FD | PDI | $1.1M | 74,937 | -0.04pp | 16q | +8.1%+$78.7K | |
| AMRIZE LTD | AMRZ | $1.0M | 27,958 | -0.04pp | 3q | +31.1%+$248.0K | |
| ISHARES TR | IYF | $1.0M | 7,971 | flat | 16q | +4.1%+$39.7K | |
| JANUS DETROIT STR TR | JSML | $984.5K | 11,457 | -0.03pp | 16q | +2.6%+$25.2K | |
| AIRBNB INC | ABNB | $969.4K | 6,034 | +0.08pp | 5q | +29.0%+$217.7K | |
| AMGEN INC | AMGN | $964.9K | 2,289 | +0.03pp | 16q | -1.3%-$12.2K | |
| VANGUARD INDEX FDS | VOE | $951.1K | 4,865 | flat | 16q | +4.1%+$37.5K | |
| MASTERCARD INCORPORATED | MA | $934.4K | 1,694 | -0.09pp | 16q | -27.9%-$361.3K | |
| ECOLAB INC | ECL | $903.3K | 3,290 | -0.02pp | 16q | -1.8%-$16.2K | |
| ADOBE INC | ADBE | $869.4K | 3,623 | -0.09pp | 16q | -34.5%-$457.4K | |
| WASTE MGMT INC DEL | WM | $854.5K | 4,190 | -0.04pp | 16q | -1.3%-$11.4K | |
| COCA COLA CO | KO | $850.0K | 9,875 | flat | 16q | -0.7%-$5.9K | |
| VANGUARD WHITEHALL FDS | VYMI | $838.2K | 8,289 | -0.05pp | 6q | -15.0%-$147.8K | |
| VANGUARD STAR FDS | VXUS | $814.9K | 9,591 | -0.06pp | 6q | -15.2%-$145.9K | |
| LAMAR ADVERTISING CO | LAMR | $763.5K | 5,298 | -0.05pp | 16q | -8.9%-$74.2K | |
| THERMO FISHER SCIENTIFIC INC | TMO | $762.1K | 1,129 | -0.16pp | 2q | -54.2%-$902.5K | |
| WILLIAMS COS INC | WMB | $755.5K | 11,116 | -0.03pp | 14q | -0.6%-$4.9K | |
| FIRST TR EXCHANGE-TRADED FD | FDN | $754.2K | 2,615 | +0.02pp | 16q | +2.5%+$18.7K | |
| NETFLIX INC | NFLX | $748.6K | 10,760 | - | new | NEW | |
| S&P GLOBAL INC | SPGI | $737.3K | 1,870 | - | new | NEW | |
| SPDR SERIES TRUST | SPYV | $703.8K | 11,514 | flat | 16q | +1.1%+$7.9K | |
| FIRST TR EXCHANGE TRADED FD | FXO | $700.7K | 11,558 | -0.02pp | 16q | -2.0%-$14.1K | |
| BANK OF NY MELLON CORP | BNY | $691.2K | 4,779 | -0.02pp | 13q | -6.2%-$45.4K | |
| FERGUSON ENTERPRISES INC | FERG | $667.8K | 2,999 | -0.17pp | 3q | -40.0%-$445.6K | |
| VANGUARD WORLD FD | VHT | $649.7K | 2,055 | flat | 16q | -2.8%-$19.0K | |
| WELLTOWER INC | WELL | $638.1K | 2,772 | -0.03pp | 16q | -10.2%-$72.3K | |
| DEXCOM INC | DXCM | $621.7K | 7,205 | - | new | NEW | |
| AIR PRODUCTS AND CHEMICALS I | APD | $617.0K | 2,218 | -0.02pp | 14q | -0.7%-$4.5K | |
| BOEING CO | BA | $613.8K | 3,299 | -0.02pp | 16q | +7.2%+$41.5K | |
| VANGUARD INDEX FDS | VTI | $591.2K | 1,580 | -0.07pp | 2q | -25.6%-$203.9K | |
| LOCKHEED MARTIN CORP | LMT | $574.9K | 1,129 | -0.01pp | 16q | -1.8%-$10.7K | |
| PALO ALTO NETWORKS INC | PANW | $572.5K | 1,441 | +0.02pp | 10q | HELD | |
| CHECK POINT SOFTWARE TECH LT | CHKP | $554.7K | 4,322 | -0.17pp | 12q | -48.2%-$516.1K | |
| ISHARES TR | USRT | $551.0K | 8,948 | -0.03pp | 16q | -3.4%-$19.2K | |
| MONDELEZ INTL INC | MDLZ | $543.8K | 9,406 | -0.01pp | 16q | -1.6%-$9.1K | |
| AUTODESK INC | ADSK | $541.1K | 2,589 | -0.05pp | 13q | -25.7%-$187.5K | |
| QUALCOMM INC | QCOM | $534.4K | 2,904 | -0.11pp | 13q | -38.3%-$332.3K | |
| CENCORA INC | COR | $533.7K | 1,778 | flat | 16q | -3.0%-$16.5K | |
| VANECK ETF TRUST | SMH | $533.6K | 876 | -0.02pp | 11q | +0.7%+$3.7K | |
| AMERICAN ELEC PWR CO INC | AEP | $531.1K | 4,476 | -0.03pp | 16q | +2.4%+$12.5K | |
| AMPLIFY ETF TR | DIVO | $524.6K | 11,285 | -0.01pp | 16q | -5.6%-$31.3K | |
| MASCO CORP | MAS | $521.2K | 7,733 | -0.04pp | 5q | -2.8%-$14.9K | |
| GALLAGHER ARTHUR J & CO | AJG | $486.6K | 2,133 | - | new | NEW | |
| STRYKER CORPORATION | SYK | $473.9K | 1,721 | -0.03pp | 2q | HELD | |
| SELECT SECTOR SPDR TR | XLY | $442.0K | 4,061 | flat | 10q | +12.4%+$48.7K | |
| SPDR SERIES TRUST | KCE | $420.6K | 2,728 | flat | 16q | HELD | |
| CATERPILLAR INC | CAT | $413.8K | 510 | -0.04pp | 16q | +1.4%+$5.7K | |
| PACER FDS TR | GCOW | $412.9K | 9,228 | flat | 13q | +1.0%+$4.2K | |
| ETFIS SER TR I | NFLT | $402.6K | 18,245 | flat | 16q | +4.5%+$17.3K | |
| VEEVA SYS INC | VEEV | $398.2K | 1,395 | -0.07pp | 14q | -58.4%-$559.2K | |
| GSK PLC | GSK | $389.4K | 8,084 | -0.01pp | 16q | +6.7%+$24.4K | |
| CVS HEALTH CORP | CVS | $359.2K | 4,192 | -0.06pp | 16q | -20.7%-$93.9K | |
| ISHARES TR | SOXX | $358.5K | 630 | -0.03pp | 6q | -7.6%-$29.6K | |
| FORD MTR CO | F | $357.6K | 29,648 | -0.04pp | 16q | -10.6%-$42.5K | |
| INVESCO EXCHANGE TRADED FD T | PGF | $346.8K | 27,218 | flat | 16q | +7.0%+$22.7K | |
| SPDR SERIES TRUST | SPLB | $339.7K | 16,669 | -0.01pp | 16q | +8.1%+$25.5K | |
| ALPHABET INC | GOOGL | $325.2K | 945 | -0.03pp | 11q | -17.0%-$66.8K | |
| SPDR SERIES TRUST | SLYG | $322.4K | 3,014 | -0.02pp | 16q | HELD | |
| DOMINION ENERGY INC | D | $318.7K | 5,266 | -0.01pp | 16q | +2.7%+$8.4K | |
| TWILIO INC | TWLO | $313.8K | 1,073 | +0.03pp | 2q | HELD | |
| FIRST TR EXCHANGE-TRADED FD | FBT | $304.4K | 1,118 | -0.01pp | 10q | -12.0%-$41.4K | |
| VALERO ENERGY CORP | VLO | $297.5K | 768 | +0.02pp | 3q | -10.6%-$35.2K | |
| VANGUARD INTL EQUITY INDEX F | VEU | $294.0K | 3,543 | flat | 10q | HELD | |
| COSTCO WHOLESALE CORPORATION | COST | $288.6K | 317 | -0.01pp | 11q | -6.2%-$19.1K | |
| 3M CO | MMM | $285.0K | 1,736 | -0.01pp | 16q | -6.0%-$18.1K | |
| UBER TECHNOLOGIES INC | UBER | $268.9K | 3,925 | -0.01pp | 2q | HELD | |
| KRAFT HEINZ CO | KHC | $261.7K | 11,518 | -0.01pp | 4q | -5.5%-$15.2K | |
| VANGUARD BD INDEX FDS | BIV | $259.1K | 3,556 | flat | 10q | +8.2%+$19.7K | |
| WISDOMTREE TR | AGGY | $250.8K | 6,091 | flat | 11q | +4.2%+$10.2K | |
| STARBUCKS CORP | SBUX | $244.2K | 2,599 | -0.29pp | 12q | -77.1%-$823.7K | |
| ISHARES TR | EMB | $242.1K | 2,665 | flat | 6q | +5.9%+$13.4K | |
| CHEVRON CORPORATION | CVX | $237.5K | 1,163 | - | new | NEW | |
| SPDR SERIES TRUST | XAR | $236.7K | 1,023 | -0.02pp | 16q | +0.8%+$1.9K | |
| ADVANCED MICRO DEVICES INC | AMD | $216.0K | 353 | flat | 2q | HELD | |
| HOME DEPOT INC | HD | $213.1K | 749 | -0.02pp | 10q | +3.0%+$6.3K | |
| CLOROX CO DEL | CLX | $211.8K | 2,615 | -0.01pp | 3q | -1.0%-$2.2K | |
| ISHARES TR | ICSH | $207.5K | 4,117 | flat | 16q | +1.5%+$3.1K | |
| SPDR INDEX SHS FDS | EWX | $204.1K | 2,870 | - | new | NEW | |
| ISHARES TR | PFF | $200.9K | 6,809 | -0.02pp | 16q | -16.5%-$39.8K | |
| TELEFONAKTIEBOLAGET LM ERICS | ERIC | $185.5K | 20,277 | -0.01pp | 6q | +10.1%+$16.9K | |
| GLOBAL X FDS | PFFD | $179.4K | 10,194 | - | new | NEW | |
| CORNERSTONE STRATEGIC INVEST | CLM | $170.5K | 26,642 | -0.01pp | 16q | +4.5%+$7.4K | |
| CORNERSTONE TOTAL RETURN FD | CRF | $127.0K | 20,624 | -0.01pp | 16q | +4.3%+$5.2K |
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 |
|---|---|---|
| Software & IT Services | $27.5M | 8.2% |
| Food, Drink & Tobacco | $19.5M | 5.8% |
| Energy | $19.2M | 5.7% |
| Banks & Lending | $18.1M | 5.4% |
| Semiconductors & Electronics | $18.0M | 5.3% |
| Telecom & Media | $17.6M | 5.2% |
| Biotech & Pharma | $15.2M | 4.5% |
| Business Services | $12.7M | 3.8% |
| Transport & Logistics | $11.8M | 3.5% |
| Autos & Aerospace | $9.3M | 2.8% |
| Chemicals | $9.2M | 2.7% |
| Insurance | $8.5M | 2.5% |
| Other sectors | $51.6M | 15.4% |
| Not classified | $97.6M | 29.1% |
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 | +6.9% | +14.8% | -7.9% | 100% |
| Q1 2026 | -0.6% | -4.6% | +4.0% | 100% |
| Q4 2025 | +2.0% | +2.4% | -0.4% | 100% |
| Q3 2025 | +4.6% | +7.8% | -3.2% | 100% |
| Q2 2025 | +5.7% | +10.5% | -4.8% | 100% |
| Q1 2025 | +0.2% | -4.6% | +4.8% | 100% |
| Q4 2024 | +0.2% | +2.1% | -1.9% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 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 |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $335.8M | 174 | 8 | 86 | 67 | 2 | 21.6% | 9 |
| Q2 2026 | $323.5M | 168 | 8 | 115 | 34 | 6 | 20.5% | 9 |
| Q1 2026 | $293.4M | 166 | 7 | 83 | 69 | 9 | 21.3% | 21 |
| Q4 2025 | $286.6M | 168 | 3 | 104 | 53 | 1 | 21.2% | 23 |
| Q3 2025 | $272.3M | 166 | 2 | 108 | 43 | 0 | 20.8% | 6 |
| Q2 2025 | $253.0M | 164 | 6 | 85 | 65 | 2 | 20.9% | 10 |
| Q1 2025 | $228.8M | 160 | 3 | 91 | 53 | 2 | 20.4% | 10 |
| Q4 2024 | $217.6M | 159 | 1 | 97 | 52 | 6 | 21.3% | 15 |
| Q3 2024 | $215.2M | 164 | 3 | 89 | 58 | 3 | 20.7% | 30 |
| Q2 2024 | $193.4M | 164 | 10 | 115 | 35 | 1 | 20.8% | 18 |
| Q1 2024 | $178.8M | 155 | 9 | 108 | 29 | 5 | 21.1% | 22 |
| Q4 2023 | $156.6M | 151 | 5 | 101 | 39 | 2 | 22.0% | 31 |
| Q3 2023 | $134.8M | 148 | 15 | 85 | 43 | 2 | 22.6% | 31 |
| Q2 2023 | $126.6M | 135 | 8 | 88 | 33 | 7 | 24.4% | 20 |
| Q1 2023 | $112.7M | 134 | 3 | 95 | 27 | 0 | 26.1% | 19 |
| Q4 2022 | $98.9M | 131 | 0 | 0 | 0 | 0 | 25.6% | 38 |
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.