RAELIPSKIE PARTNERSHIP
Reported holdings as of Q2 2026, from 11 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | SPY | $28.7M | 38,435 | +0.05pp | 11q | -1.9%-$570.5K | |
| VANGUARD TAX-MANAGED FDS | VEA | $23.2M | 325,631 | -0.30pp | 11q | -2.5%-$604.9K | |
| INVESCO EXCHANGE TRADED FD T | RSP | $22.5M | 105,761 | -0.04pp | 9q | +0.6%+$143.6K | |
| INVESCO QQQ TR | QQQ | $22.2M | 30,173 | +0.97pp | 11q | -0.7%-$148.0K | |
| VANGUARD INTL EQUITY INDEX F | VWO | $15.5M | 260,394 | -0.15pp | 11q | -1.0%-$153.1K | |
| ISHARES INC | EMXC | $12.6M | 122,777 | +0.37pp | 11q | -6.6%-$885.4K | |
| VANGUARD ADMIRAL FDS INC | IVOO | $10.7M | 81,865 | +0.06pp | 11q | HELD | |
| ISHARES TR | IWM | $10.0M | 33,193 | -0.11pp | 11q | -10.2%-$1.1M | |
| APPLE INC | AAPL | $7.6M | 26,398 | -0.07pp | 11q | -4.0%-$314.5K | |
| MICROSOFT CORP | MSFT | $7.6M | 20,422 | -0.17pp | 11q | +5.0%+$364.8K | |
| JPMORGAN CHASE & CO | JPM | $5.0M | 15,362 | flat | 11q | +0.8%+$38.0K | |
| ALPHABET INC | GOOGL | $4.9M | 13,579 | +0.17pp | 11q | -0.7%-$32.9K | |
| MICRON TECHNOLOGY INC | MU | $4.2M | 3,603 | +1.06pp | 2q | HELD | |
| NOVARTIS ADR (CHE) UNVERIFIED ID | $4.0M | 25,366 | -0.14pp | 11q | HELD | ||
| AMAZON COM INC (USA) UNVERIFIED ID | $3.5M | 14,600 | +0.02pp | 11q | HELD | ||
| CISCO SYS INC | CSCO | $3.5M | 29,562 | -0.32pp | 5q | -40.4%-$2.4M | |
| EXXON MOBIL CORP (USA) | $3.5M | 25,319 | -0.55pp | 11q | -1.9%-$66.7K | ||
| JOHNSON & JOHNSON | JNJ | $3.2M | 12,722 | -0.10pp | 11q | HELD | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $3.1M | 6,293 | +0.04pp | 11q | +11.5%+$324.8K | |
| BROADCOM INC | AVGO | $3.1M | 8,176 | +0.10pp | 11q | HELD | |
| HSBC HLDGS PLC | HSBC | $3.0M | 31,465 | +0.03pp | 11q | HELD | |
| SPDR SERIES TRUST | SPSM | $3.0M | 51,625 | +0.34pp | 3q | +35.0%+$772.2K | |
| PEPSICO INC | PEP | $2.9M | 21,642 | -0.24pp | 3q | +5.3%+$147.3K | |
| HOME DEPOT INC | HD | $2.9M | 8,272 | +0.05pp | 11q | +9.9%+$263.5K | |
| WALMART STORES INC (USA) UNVERIFIED ID | $2.7M | 24,162 | -0.25pp | 11q | -0.9%-$24.2K | ||
| VISA INC CLASS-A (USA) UNVERIFIED ID | $2.7M | 7,765 | +0.01pp | 11q | HELD | ||
| PROCTER & GAMBLE CO | PG | $2.6M | 17,813 | -0.05pp | 11q | +5.1%+$126.3K | |
| BANCO SANTANDER S.A. | SAN | $2.4M | 172,236 | +0.08pp | 11q | HELD | |
| ISHARES TR | HDV | $2.3M | 83,065 | -0.10pp | 11q | +398.6%+$1.8M | |
| MCDONALD'S CORP (USA) | $2.3M | 8,405 | -0.16pp | 11q | +8.7%+$181.9K | ||
| META PLATFORMS INC | META | $2.2M | 3,915 | -0.04pp | 11q | +9.1%+$183.1K | |
| NEXTERA ENERGY INC | NEE | $2.0M | 22,997 | -0.09pp | 11q | +5.5%+$105.3K | |
| BANK OF AMER CORP | BAC | $1.9M | 34,219 | +0.03pp | 11q | HELD | |
| TOYOTA MOTOR CORP | TM | $1.9M | 11,142 | -0.20pp | 11q | +6.7%+$117.9K | |
| NESTLE SA ADR | NSRGY | $1.8M | 17,557 | -0.09pp | 11q | -3.8%-$71.9K | |
| UNITED HEALTH GROUP INC (USA) | $1.7M | 4,148 | +0.18pp | 11q | +1.0%+$16.6K | ||
| GE AEROSPACE | GE | $1.7M | 4,420 | +0.09pp | 8q | HELD | |
| GE VERNOVA INC (USA) UNVERIFIED ID | $1.5M | 1,275 | +0.13pp | 2q | +8.5%+$117.5K | ||
| BHP BILLITON LIMITED | BHP | $1.5M | 17,527 | +0.01pp | 11q | HELD | |
| ASTRAZENECA PLC | AZN | $1.4M | 7,412 | -0.08pp | 2q | HELD | |
| PRUDENTIAL FINL INC | PRU | $1.4M | 12,529 | flat | 11q | +0.8%+$10.8K | |
| AMERICAN TOWER CORP (USA) UNVERIFIED ID | $1.3M | 8,137 | -0.09pp | 11q | HELD | ||
| PROLOGIS INC. | PLD | $1.2M | 9,214 | -0.01pp | 10q | +8.2%+$94.8K | |
| SONY GROUP CORP | SONY | $1.2M | 61,738 | -0.06pp | 11q | +3.3%+$40.1K | |
| UBER TECHNOLOGIES INC | UBER | $1.2M | 16,163 | +0.01pp | 10q | +14.1%+$144.3K | |
| Airbus Group Se | EADSY | $1.2M | 20,919 | -0.04pp | 11q | -12.5%-$166.8K | |
| UNILEVER PLC | UL | $1.1M | 19,018 | -0.03pp | 3q | HELD | |
| ACCENTURE PLC IRELAND | ACN | $1.1M | 8,476 | - | new | NEW | |
| RIO TINTO PLC | RIO | $1.0M | 10,952 | -0.04pp | 11q | HELD | |
| MERCK CO INC-NEW (USA) UNVERIFIED ID | $1.0M | 7,869 | -0.03pp | 11q | -1.9%-$19.7K | ||
| ISHARES TR | IBB | $1.0M | 5,280 | -0.10pp | 11q | -20.9%-$265.3K | |
| NOVO-NORDISK A S | NVO | $966.8K | 20,166 | +0.09pp | 9q | +13.0%+$111.1K | |
| Veolia Environnement SA | VEOEY | $898.6K | 43,151 | -0.01pp | 11q | -1.1%-$10.4K | |
| PFIZER INC | PFE | $875.8K | 36,369 | +0.20pp | 11q | +227.1%+$608.1K | |
| BP PLC | BP | $849.1K | 22,979 | -0.14pp | 11q | HELD | |
| SPOTIFY TECHNOLOGY S.A. | $773.2K | 1,684 | -0.01pp | 6q | DEBT | ||
| LVMH MOET HENNESSY LO-ADR (FRA) UNVERIFIED ID | $754.3K | 6,820 | +0.01pp | 11q | +13.3%+$88.5K | ||
| ISHARES INC | DVYE | $668.5K | 20,740 | -0.05pp | 11q | HELD | |
| TRANE TECHNOLOGIES PLC | TT | $537.8K | 1,095 | +0.01pp | 11q | HELD | |
| ISHARES TR | SHV | $463.5K | 4,200 | -0.02pp | 11q | HELD | |
| WELLS FARGO & CO | WFC | $419.0K | 5,070 | -0.01pp | 11q | HELD | |
| INTEL CORP | INTC | $252.0K | 1,805 | +0.02pp | 11q | -54.2%-$298.1K | |
| UNION PAC CORP | UNP | $204.3K | 751 | flat | 7q | HELD | |
| ISHARES TR | USXF | $167.0K | 2,405 | +0.01pp | 11q | HELD | |
| VANGUARD INTL EQUITY INDEX F | VSS | $126.5K | 820 | -0.01pp | 11q | -15.5%-$23.1K | |
| ISHARES TR | EMXF | $125.1K | 2,159 | flat | 11q | HELD | |
| ISHARES TR | DMXF | $114.5K | 1,354 | flat | 11q | HELD | |
| VANGUARD SCOTTSDALE FDS | VGIT | $109.1K | 1,850 | -0.01pp | 5q | HELD | |
| SPROTT FDS TR | METL | $102.9K | 4,000 | -0.01pp | 2q | HELD | |
| CHEVRON CORPORATION | CVX | $87.0K | 525 | -0.01pp | 11q | +1.0% | |
| TOTALENERGIES SE | TTE | $62.2K | 800 | -0.01pp | 3q | HELD | |
| VANGUARD STAR FDS | VXUS | $52.6K | 615 | flat | 2q | HELD | |
| DIAGEO PLC | DEO | $49.1K | 611 | -0.01pp | 11q | -20.8%-$12.9K | |
| RTX CORPORATION | RTX | $47.4K | 250 | flat | 11q | HELD | |
| AMERICA MOVIL SAB DE CV | AMX | $46.8K | 1,800 | flat | 11q | HELD | |
| CONSTELLATION ENERGY CORP | CEG | $41.2K | 166 | flat | 11q | HELD | |
| KEYSIGHT TECHNOLOGIES INC | KEYS | $32.6K | 93 | flat | 2q | HELD | |
| MASTERCARD INC UNVERIFIED ID | $27.2K | 53 | flat | 11q | +32.5%+$6.7K | ||
| API GROUP CORP | APG | $26.7K | 630 | flat | 11q | HELD | |
| AT&T INC | T | $25.1K | 1,211 | -0.01pp | 11q | HELD | |
| BOEING CO | BA | $24.9K | 115 | flat | 11q | HELD | |
| SERVICENOW INC | NOW | $22.8K | 230 | +0.01pp | 2q | +1050.0%+$20.8K | |
| 3M COMPANY (USA) UNVERIFIED ID | $22.7K | 140 | flat | 11q | HELD | ||
| CARRIER GLOBAL CORPORATION | CARR | $18.7K | 255 | flat | 11q | HELD | |
| ABBOTT LABS (USA) | $18.6K | 205 | flat | 11q | HELD | ||
| VANGUARD SCOTTSDALE FDS | VCIT | $17.8K | 215 | flat | 7q | HELD | |
| DANAHER CORP DEL | DHR | $17.7K | 93 | flat | 11q | HELD | |
| SILVER NCI-RBC TROY OZ UNVERIFIED ID | $17.6K | 300 | flat | 11q | HELD | ||
| SPIRE GLOBAL INC | SPIR | $16.3K | 875 | flat | 2q | HELD | |
| NU HLDGS LTD | NU | $13.4K | 1,000 | flat | 11q | HELD | |
| SALESFORCE INC | CRM | $11.8K | 75 | -0.01pp | 11q | -57.1%-$15.7K | |
| LISTED FDS TR | MAGS | $10.9K | 170 | flat | 2q | +13.3%+$1.3K | |
| TRUIST FINL CORP | TFC | $10.0K | 200 | flat | 2q | -55.3%-$12.3K | |
| FEDEX FGHT HLDG CO INC | $7.5K | 50 | - | new | NEW | ||
| LAM RESEARCH CORP | LRCX | $7.4K | 17 | - | new | NEW | |
| RIVIAN AUTOMOTIVE INC | RIVN | $7.1K | 410 | flat | 11q | HELD | |
| SOLSTICE ADVANCED MATLS INC | SOLS | $6.8K | 77 | flat | 3q | HELD | |
| 749351107 | $6.0K | 52 | - | new | NEW | ||
| PALANTIR TECHNOLOGIES INC | PLTR | $5.8K | 50 | flat | 5q | HELD | |
| CARNIVAL CORP LTD | CCL | $5.7K | 201 | - | new | NEW | |
| MARVELL TECHNOLOGY INC | MRVL | $4.8K | 16 | flat | 2q | HELD | |
| HCA HEALTHCARE INC | HCA | $3.9K | 10 | - | new | NEW | |
| INTUIT | INTU | $3.7K | 14 | - | new | NEW | |
| CUMMINS INC | CMI | $3.6K | 5 | flat | 8q | HELD | |
| AFLAC INC | AFL | $3.5K | 30 | flat | 8q | HELD | |
| CHUBB LIMITED | CB | $3.4K | 10 | flat | 8q | HELD | |
| EA SERIES TRUST | BEEZ | $3.4K | 100 | flat | 10q | HELD | |
| DOVER CORP | DOV | $2.2K | 10 | flat | 8q | HELD | |
| NIKE INC | NKE | $2.1K | 50 | flat | 11q | HELD | |
| ELEVANCE HEALTH INC FORMERLY | ELV | $1.9K | 5 | flat | 8q | HELD | |
| ALIBABA GROUP HLDG LTD | BABA | $1.9K | 20 | flat | 6q | HELD | |
| SPACE EXPLORATION TECHN CORP | SPCX | $1.7K | 10 | - | new | NEW | |
| THERMO FISHER SCIENTIFIC INC | TMO | $1.5K | 3 | - | new | NEW | |
| ISHARES TR | IEFA | $1.4K | 15 | flat | 8q | HELD | |
| VERTIV HOLDINGS CO | VRT | $1.0K | 3 | - | new | NEW | |
| ARISTA NETWORKS INC | ANET | $849 | 5 | - | new | NEW | |
| SCHWAB STRATEGIC TR | SCHD | $793 | 25 | - | new | NEW | |
| SOLVENTUM CORP | SOLV | $772 | 10 | flat | 9q | HELD | |
| AMERICAN EAGLE OUTFITTERS IN | AEO | $482 | 28 | flat | 4q | HELD | |
| INVESCO EXCHANGE TRADED FD T | ERTH | $473 | 10 | flat | 7q | HELD | |
| KYNDRYL HLDGS INC | KD | $57 | 5 | flat | 11q | -83.3% | |
| FIVERR INTERNATIONAL LTD UNVERIFIED ID | $21 | 2 | flat | 11q | HELD | ||
| LUCID GROUP INC | LCID | $13 | 2 | flat | 4q | HELD | |
| ACASTI PHARMA INC UNVERIFIED ID | $5 | 2 | flat | 7q | 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 |
|---|---|---|
| Funds & ETFs | $50.9M | 19.2% |
| Software & IT Services | $14.7M | 5.6% |
| Banks & Lending | $12.8M | 4.8% |
| Computer Hardware | $11.1M | 4.2% |
| Semiconductors & Electronics | $10.4M | 3.9% |
| Biotech & Pharma | $6.5M | 2.4% |
| Insurance | $4.5M | 1.7% |
| Other sectors | $21.6M | 8.2% |
| Not classified | $132.3M | 50.0% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $264.8M | 124 | 12 | 27 | 22 | 7 | 60.7% | 35 |
| Q1 2026 | $236.2M | 119 | 12 | 26 | 35 | 10 | 60.1% | 29 |
| Q4 2025 | $238.5M | 117 | 5 | 21 | 37 | 4 | 60.7% | 35 |
| Q3 2025 | $232.8M | 116 | 4 | 12 | 26 | 5 | 61.5% | 35 |
| Q2 2025 | $218.5M | 117 | 3 | 38 | 12 | 10 | 60.9% | 37 |
| Q1 2025 | $194.6M | 124 | 7 | 31 | 27 | 4 | 59.4% | 45 |
| Q4 2024 | $201.3M | 121 | 6 | 24 | 36 | 9 | 60.6% | 31 |
| Q3 2024 | $205.1M | 124 | 24 | 42 | 10 | 0 | 60.8% | 46 |
| Q2 2024 | $187.4M | 100 | 3 | 21 | 23 | 5 | 61.6% | 18 |
| Q1 2024 | $175.5M | 102 | 8 | 27 | 26 | 2 | 61.3% | 53 |
| Q4 2023 | $164.2M | 96 | 0 | 0 | 0 | 0 | 61.7% | 144 |
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.