# KITCHING PARTNERS, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2010145. Source: https://holderbook.com/funds/2010145-kitching-partners-llc/

- Reported value: $116.4M
- Positions: 40
- Weight of the ten largest: 82.0%
- Filed: 2026-07-30

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $18.0M | 75,866 | 15.4% | 11 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $14.3M | 201,100 | 12.3% | 11 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $12.3M | 246,697 | 10.6% | 11 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $10.1M | 66,213 | 8.7% | 11 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $9.7M | 229,252 | 8.4% | 11 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $7.6M | 11,096 | 6.5% | 11 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $7.2M | 95,210 | 6.2% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $6.9M | 116,117 | 6.0% | 11 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $4.8M | 71,375 | 4.1% | 8 |
| VANGUARD SCOTTSDALE FDS | [VGLT](https://holderbook.com/stocks/VGLT/) | $4.6M | 82,567 | 3.9% | 11 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $3.8M | 17,641 | 3.3% | 11 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $3.2M | 10,463 | 2.7% | 8 |
| ISHARES INC | [LEMB](https://holderbook.com/stocks/LEMB/) | $2.3M | 54,883 | 2.0% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $1.3M | 21,958 | 1.1% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $944.9K | 4,722 | 0.8% | 8 |
| NEXTNAV INC | [NN](https://holderbook.com/stocks/NN/) | $886.3K | 49,711 | 0.8% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $767.3K | 2,147 | 0.7% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $766.2K | 7,741 | 0.7% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $736.5K | 3,090 | 0.6% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $554.9K | 1,487 | 0.5% | 8 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $525.1K | 11,047 | 0.5% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $494.5K | 1,709 | 0.4% | 8 |
| EASTERN BANKSHARES INC | [EBC](https://holderbook.com/stocks/EBC/) | $459.3K | 20,652 | 0.4% | 8 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $449.9K | 1,191 | 0.4% | 4 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $403.5K | 1,193 | 0.3% | 6 |
| AMPLIFY ETF TR | [SILJ](https://holderbook.com/stocks/SILJ/) | $326.2K | 12,583 | 0.3% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $319.7K | 760 | 0.3% | 4 |
| KONINKLIJKE PHILIPS N V | [PHG](https://holderbook.com/stocks/PHG/) | $317.5K | 11,677 | 0.3% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $286.7K | 239 | 0.2% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $274.7K | 238 | 0.2% | 1 |
| GLOBAL X FDS | [COPX](https://holderbook.com/stocks/COPX/) | $272.5K | 3,540 | 0.2% | 4 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $254.4K | 438 | 0.2% | 1 |
| GLOBAL X FDS | [SIL](https://holderbook.com/stocks/SIL/) | $232.0K | 2,995 | 0.2% | 4 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $223.6K | 516 | 0.2% | 1 |
| COEUR MNG INC | [CDE](https://holderbook.com/stocks/CDE/) | $222.4K | 13,627 | 0.2% | 2 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $208.8K | 1,154 | 0.2% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $203.9K | 577 | 0.2% | 1 |
| ORLA MNG LTD NEW | [ORLA](https://holderbook.com/stocks/ORLA/) | $117.7K | 12,018 | 0.1% | 8 |
| AMERICAN BITCOIN CORP. | [ABTC](https://holderbook.com/stocks/ABTC/) | $27.8K | 40,816 | 0.0% | 3 |
| GT BIOPHARMA INC | [GTBP](https://holderbook.com/stocks/GTBP/) | $24.5K | 50,000 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +4.9% | +14.8% | -9.9% | 100% |
| Q1 2026 | -0.1% | -4.6% | +4.6% | 100% |
| Q4 2025 | +2.0% | +2.4% | -0.4% | 100% |
| Q3 2025 | +5.0% | +7.8% | -2.8% | 100% |
| Q2 2025 | +5.2% | +10.5% | -5.2% | 100% |
| Q1 2025 | +1.0% | -4.6% | +5.6% | 100% |
| Q4 2024 | -2.4% | +2.1% | -4.5% | 100% |
| Q3 2024 | +6.8% | +5.4% | +1.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $116.4M | 40 |
| Q1 2026 | $108.7M | 40 |
| Q4 2025 | $109.6M | 42 |
| Q3 2025 | $105.9M | 39 |
| Q2 2025 | $98.5M | 35 |
| Q1 2025 | $86.9M | 35 |
| Q4 2024 | $78.2M | 32 |
| Q3 2024 | $74.7M | 28 |
| Q2 2024 | $55.0M | 20 |
| Q1 2024 | $52.7M | 18 |
| Q4 2023 | $49.7M | 17 |