# Granite FO LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2034090. Source: https://holderbook.com/funds/2034090-granite-fo-llc/

- Reported value: $189.1M
- Positions: 171
- Weight of the ten largest: 81.0%
- Filed: 2026-07-15

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $33.7M | 45,168 | 17.8% | 15 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $28.7M | 121,335 | 15.2% | 15 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $25.2M | 21,849 | 13.3% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $24.0M | 32 | 12.7% | 15 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $10.3M | 14,702 | 5.5% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $10.1M | 20,280 | 5.4% | 15 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $8.7M | 54,790 | 4.6% | 15 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $4.9M | 33,210 | 2.6% | 15 |
| GOLUB CAP BDC INC | [GBDC](https://holderbook.com/stocks/GBDC/) | $4.8M | 374,795 | 2.6% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.6M | 8,911 | 1.4% | 15 |
| BLUE OWL CAPITAL INC | [OWL](https://holderbook.com/stocks/OWL/) | $2.5M | 290,330 | 1.3% | 15 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $2.4M | 15,587 | 1.3% | 15 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $2.4M | 11,985 | 1.3% | 15 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.4M | 3,160 | 1.3% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.2M | 3,228 | 1.2% | 15 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.0M | 5,735 | 1.1% | 15 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.0M | 8,309 | 1.0% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.2M | 3,232 | 0.6% | 15 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.2M | 1,000 | 0.6% | 14 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $1.1M | 57,715 | 0.6% | 15 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $1.0M | 19,305 | 0.5% | 15 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.0M | 2,800 | 0.5% | 15 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $857.6K | 7,705 | 0.5% | 15 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $759.2K | 14,295 | 0.4% | 15 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $735.2K | 5,265 | 0.4% | 8 |
| BLUE OWL CAPITAL CORPORATION | [OBDC](https://holderbook.com/stocks/OBDC/) | $731.6K | 67,300 | 0.4% | 15 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $729.5K | 685 | 0.4% | 14 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $677.6K | 1,896 | 0.4% | 15 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $531.3K | 6,168 | 0.3% | 15 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $526.3K | 1,608 | 0.3% | 15 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $513.0K | 21,303 | 0.3% | 14 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $484.2K | 4,275 | 0.3% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $481.2K | 5,435 | 0.3% | 15 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $446.4K | 5,540 | 0.2% | 15 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $344.4K | 1,356 | 0.2% | 14 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $307.5K | 1,700 | 0.2% | 8 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $261.0K | 612 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $258.7K | 1,187 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $256.4K | 1,055 | 0.1% | 15 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $245.3K | 1,550 | 0.1% | 14 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $228.9K | 1,935 | 0.1% | 8 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $222.3K | 917 | 0.1% | 8 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $215.7K | 413 | 0.1% | 15 |
| UNITED BANKSHARES INC WEST V | [UBSI](https://holderbook.com/stocks/UBSI/) | $211.7K | 4,619 | 0.1% | 8 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $204.7K | 2,628 | 0.1% | 8 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $200.0K | 1,200 | 0.1% | 14 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $193.7K | 2,565 | 0.1% | 8 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $189.2K | 874 | 0.1% | 8 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $183.6K | 2,000 | 0.1% | 15 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $171.6K | 770 | 0.1% | 8 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $171.0K | 1,166 | 0.1% | 15 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $157.3K | 421 | 0.1% | 8 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $139.8K | 1,300 | 0.1% | 8 |
| ST JOE CO | [JOE](https://holderbook.com/stocks/JOE/) | $125.3K | 2,000 | 0.1% | 8 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $122.2K | 104 | 0.1% | 8 |
| WISDOMTREE TR | [DXJ](https://holderbook.com/stocks/DXJ/) | $121.5K | 700 | 0.1% | 8 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $120.4K | 428 | 0.1% | 8 |
| RPM INTL INC | [RPM](https://holderbook.com/stocks/RPM/) | $113.7K | 1,023 | 0.1% | 8 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $110.3K | 1,143 | 0.1% | 15 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $101.7K | 648 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $99.4K | 328 | 0.1% | 8 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $98.5K | 533 | 0.1% | 8 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $93.7K | 1,302 | 0.0% | 8 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $93.7K | 976 | 0.0% | 8 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $92.6K | 500 | 0.0% | 8 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $89.4K | 903 | 0.0% | 8 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $88.6K | 260 | 0.0% | 8 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $86.7K | 1,000 | 0.0% | 8 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $83.6K | 243 | 0.0% | 8 |
| INVESCO DB COMMDY INDX TRCK | [DBC](https://holderbook.com/stocks/DBC/) | $81.4K | 3,053 | 0.0% | 8 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $76.1K | 1,055 | 0.0% | 8 |
| KRATOS DEFENSE & SEC SOLUTIO | [KTOS](https://holderbook.com/stocks/KTOS/) | $74.8K | 1,500 | 0.0% | 8 |
| ALTI GLOBAL INC | [ALTI](https://holderbook.com/stocks/ALTI/) | $70.1K | 19,430 | 0.0% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $70.0K | 350 | 0.0% | 8 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $60.7K | 434 | 0.0% | 5 |
| TKO GROUP HOLDINGS INC | [TKO](https://holderbook.com/stocks/TKO/) | $59.0K | 293 | 0.0% | 8 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $58.8K | 1,100 | 0.0% | 8 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $47.2K | 157 | 0.0% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $44.6K | 347 | 0.0% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $44.0K | 772 | 0.0% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $38.0K | 278 | 0.0% | 15 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $35.2K | 104 | 0.0% | 8 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $30.7K | 300 | 0.0% | 8 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $28.7K | 385 | 0.0% | 8 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $28.3K | 590 | 0.0% | 8 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $26.2K | 252 | 0.0% | 8 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $23.3K | 242 | 0.0% | 8 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $17.1K | 400 | 0.0% | 8 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $15.6K | 133 | 0.0% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $15.6K | 37 | 0.0% | 8 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $15.4K | 746 | 0.0% | 8 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $13.8K | 126 | 0.0% | 8 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $10.1K | 18 | 0.0% | 8 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $9.4K | 138 | 0.0% | 8 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $8.9K | 108 | 0.0% | 8 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $8.8K | 9 | 0.0% | 8 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $7.9K | 23 | 0.0% | 8 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $7.1K | 100 | 0.0% | 8 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $6.8K | 75 | 0.0% | 8 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $6.3K | 50 | 0.0% | 8 |

## 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 | +19.7% | +14.8% | +4.8% | 100% |
| Q1 2026 | -2.4% | -4.6% | +2.2% | 100% |
| Q4 2025 | +4.3% | +2.4% | +1.9% | 100% |
| Q3 2025 | +5.7% | +7.8% | -2.2% | 100% |
| Q2 2025 | +3.3% | +10.5% | -7.1% | 100% |
| Q1 2025 | +1.0% | -4.6% | +5.5% | 100% |
| Q4 2024 | +0.1% | +2.1% | -2.1% | 100% |
| Q3 2024 | +7.1% | +5.4% | +1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $189.1M | 171 |
| Q1 2026 | $169.0M | 170 |
| Q4 2025 | $187.5M | 175 |
| Q3 2025 | $184.1M | 191 |
| Q2 2025 | $176.5M | 188 |
| Q1 2025 | $176.0M | 187 |
| Q4 2024 | $175.0M | 186 |
| Q3 2024 | $176.7M | 186 |
| Q2 2024 | $156.5M | 49 |
| Q1 2024 | $170.2M | 202 |
| Q4 2023 | $149.5M | 159 |
| Q3 2023 | $142.2M | 162 |