Quarterly 13F snapshot: US-listed longs only, no performance figures — 13F data cannot support them.
Reported portfolio value by quarter (54 quarters reported)
$744M in Q2 2013 → $186M now. Hover for any quarter.
As reported for the quarter ended September 30, 2026. Activity is the change in share count since the prior quarter's filing.
| Holding | % of portfolio | Activity | Shares | Value |
|---|---|---|---|---|
| IT Ishares Tr | 15.5% | Trimmed 7.4% | 37,668 | $28.8M |
| SS SPDR Series Trust | 11.1% | Trimmed 27% | 167,207 | $20.6M |
| AO Angel Oak Funds Trust | 8.5% | Added 187% | 787,954 | $15.9M |
| SI SPDR Index Shs Fds | 7.1% | Trimmed 9.9% | 261,262 | $13.1M |
| SS SPDR Series Trust | 5.5% | Trimmed 4.2% | 357,196 | $10.1M |
| IT Ishares Tr | 4.9% | Added 75% | 94,133 | $9.12M |
| FT Franklin Templeton ETF Tr | 4.2% | Trimmed 51% | 342,983 | $7.89M |
| JD Janus Detroit Str Tr | 4.2% | Added 97% | 153,032 | $7.72M |
| JD Janus Detroit Str Tr | 3.5% | Trimmed 40% | 152,949 | $6.46M |
| I Ishares Inc | 2.6% | Trimmed 42% | 60,103 | $4.88M |
| JD Janus Detroit Str Tr | 2.6% | Added 1662% | 101,253 | $4.78M |
| IT Ishares Tr | 2.5% | Trimmed 14% | 84,646 | $4.65M |
| SS SPDR Series Trust | 2.4% | Trimmed 10% | 70,710 | $4.47M |
| IT Ishares Tr | 2.2% | Trimmed 9.9% | 38,068 | $4.05M |
| SA Ssga Active ETF Tr | 2.2% | Added 131% | 99,045 | $4M |
| IE Invesco Exchange Traded Fd T | 1.9% | Trimmed 7.4% | 61,629 | $3.57M |
| JD Janus Detroit Str Tr | 1.8% | Trimmed 41% | 66,627 | $3.33M |
| FT First Tr Exchange-traded Fd | 1.7% | Trimmed 6.1% | 17,703 | $3.14M |
| IA Invesco Actively Managed Exc | 1.6% | Added 3.4% | 60,055 | $3M |
| JP J P Morgan Exchange Traded F | 1.6% | Added 4.3% | 58,581 | $2.95M |
| SI SPDR Index Shs Fds | 1.5% | Trimmed 5.8% | 54,779 | $2.84M |
| I Ishares Inc | 1.5% | New | 24,637 | $2.74M |
| DE Dbx ETF Tr | 1.2% | Trimmed 49% | 64,045 | $2.26M |
| IT Ishares Tr | 0.8% | Trimmed 0.0% | 15,256 | $1.57M |
| IT Ishares Tr | 0.8% | Trimmed 2.1% | 30,274 | $1.55M |
| IT Ishares Tr | 0.7% | Unchanged | 12,078 | $1.33M |
| IT Ishares Tr | 0.6% | Unchanged | 28,650 | $1.18M |
| VE Vaneck ETF Trust | 0.6% | Trimmed 2.2% | 45,927 | $1.14M |
| DE Dbx ETF Tr | 0.6% | Trimmed 0.0% | 15,244 | $1.07M |
| TE Tcw ETF Trust | 0.5% | Trimmed 0.0% | 10,356 | $933K |
| IT Ishares Tr | 0.5% | Trimmed 73% | 9,973 | $891K |
| SS SPDR Series Trust | 0.5% | Trimmed 0.1% | 11,693 | $866K |
| VE Vaneck ETF Trust | 0.5% | Unchanged | 44,310 | $860K |
| NE Nushares ETF Tr | 0.4% | Trimmed 0.0% | 15,247 | $803K |
| I Ishares Inc | 0.4% | Trimmed 0.0% | 13,635 | $738K |
| IT Ishares Tr | 0.3% | Trimmed 85% | 13,096 | $468K |
| IT Ishares Tr | 0.2% | Trimmed 5.6% | 5,882 | $458K |
| SS SPDR Series Trust | 0.2% | Trimmed 7.9% | 9,198 | $417K |
| IT Ishares Tr | 0.2% | Trimmed 23% | 3,604 | $323K |
| AA Ab Active Etfs Inc | 0.1% | Trimmed 7.9% | 6,845 | $247K |
| IT Ishares Tr | 0.1% | Trimmed 0.7% | 2,687 | $244K |
| AE Amplify ETF Tr | 0.1% | Trimmed 7.8% | 4,743 | $221K |
What changed each quarter, from the filings' own share counts. Largest moves first; most recent 8 quarters.
quarter ended September 30, 2026 · filed October 29, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| AO Angel Oak Funds Trust | Added | +513,594 | +$10.3M | 8.5% |
| FT Franklin Templeton ETF Tr | Trimmed | −351,150 | −$8.08M | 4.2% |
| SS SPDR Series Trust | Trimmed | −62,719 | −$7.72M | 11.1% |
| JD Janus Detroit Str Tr | Added | +95,508 | +$4.51M | 2.6% |
| JD Janus Detroit Str Tr | Trimmed | −103,425 | −$4.37M | 3.5% |
| IT Ishares Tr | Added | +40,228 | +$3.9M | 4.9% |
| JD Janus Detroit Str Tr | Added | +75,505 | +$3.81M | 4.2% |
| I Ishares Inc | Trimmed | −43,527 | −$3.53M | 2.6% |
| SS Select Sector SPDR Tr | Exited | −25,997 | −$3.05M | — |
| I Ishares Inc | New | +24,637 | +$2.74M | 1.5% |
Showing the 10 largest of 44 changes.
quarter ended June 30, 2026 · filed July 22, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Added | +8,130 | +$6.09M | 15.0% |
| DE Dbx ETF Tr | New | +124,835 | +$4.56M | 2.2% |
| IT Ishares Tr | New | +42,238 | +$3.83M | 1.9% |
| IT Ishares Tr | Exited | −26,302 | −$3.74M | — |
| SI SPDR Index Shs Fds | New | +58,155 | +$3.01M | 1.5% |
| SS SPDR Series Trust | Trimmed | −43,534 | −$2.97M | 2.6% |
| I Ishares Inc | Exited | −29,599 | −$2.83M | — |
| IE Invesco Exchange Traded Fd T | Trimmed | −41,584 | −$2.66M | 2.1% |
| IT Ishares Tr | Trimmed | −60,120 | −$2.23M | 1.6% |
| SS SPDR Series Trust | Added | +11,702 | +$1.39M | 13.5% |
Showing the 10 largest of 43 changes.
quarter ended March 31, 2026 · filed May 07, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| FT Franklin Templeton ETF Tr | Added | +326,623 | +$7.51M | 9.0% |
| SS SPDR Series Trust | Added | +76,376 | +$7.48M | 11.7% |
| IT Ishares Tr | Exited | −60,625 | −$7.29M | — |
| IE Invesco Exchange Traded Fd T | New | +108,169 | +$6.23M | 3.4% |
| JP J P Morgan Exchange Traded | Exited | −72,733 | −$4.6M | — |
| IT Ishares Tr | Trimmed | −50,674 | −$4.59M | 3.1% |
| IT Ishares Tr | Trimmed | −91,699 | −$3.88M | 0.7% |
| FT First Tr Exchange-traded Fd | New | +19,134 | +$3.13M | 1.7% |
| IT Ishares Tr | Trimmed | −81,919 | −$3.02M | 3.0% |
| SS SPDR Series Trust | Added | +48,190 | +$2.87M | 4.0% |
Showing the 10 largest of 47 changes.
quarter ended December 31, 2025 · filed January 28, 2026
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Exited | −38,121 | −$7.42M | — |
| IT Ishares Tr | Exited | −57,670 | −$6.63M | — |
| IT Ishares Tr | Added | +9,130 | +$6.25M | 12.9% |
| SS SPDR Series Trust | Trimmed | −45,248 | −$4.83M | 8.2% |
| SS SPDR Series Trust | New | +74,165 | +$4.5M | 2.5% |
| SI SPDR Index Shs Fds | Added | +92,651 | +$4.11M | 6.9% |
| SA Ssga Active ETF Tr | Trimmed | −80,615 | −$3.33M | 1.3% |
| SS SPDR Series Trust | New | +32,202 | +$2.75M | 1.5% |
| IT Ishares Tr | Trimmed | −23,654 | −$2.12M | 5.5% |
| JD Janus Detroit Str Tr | Added | +43,751 | +$2M | 5.8% |
Showing the 10 largest of 39 changes.
quarter ended September 30, 2025 · filed November 06, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| IT Ishares Tr | Trimmed | −181,094 | −$17.2M | 0.7% |
| JD Janus Detroit Str Tr | Added | +176,283 | +$8.05M | 4.5% |
| AO Angel Oak Funds Trust | New | +260,805 | +$5.45M | 2.9% |
| IT Ishares Tr | New | +93,921 | +$4.64M | 2.4% |
| SS SPDR Series Trust | Exited | −79,640 | −$4.44M | — |
| IT Ishares Tr | Trimmed | −44,348 | −$3.87M | 6.3% |
| JD Janus Detroit Str Tr | Added | +67,048 | +$3.5M | 3.0% |
| IT Ishares Tr | Added | +29,214 | +$3.47M | 3.8% |
| SS SPDR Series Trust | Added | +30,963 | +$1.02M | 6.3% |
| ES ETF Ser Solutions | Exited | −14,198 | −$786K | — |
Showing the 10 largest of 43 changes.
quarter ended June 30, 2025 · filed August 06, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| SS SPDR Series Trust | New | +186,601 | +$17.8M | 9.7% |
| PF Pacer Fds Tr | Exited | −171,136 | −$9.37M | — |
| ES ETF Ser Solutions | Trimmed | −167,146 | −$9.25M | 0.4% |
| SI SPDR Index Shs Fds | New | +197,253 | +$7.99M | 4.4% |
| IT Ishares Tr | Trimmed | −10,749 | −$6.67M | 8.9% |
| IT Ishares Tr | New | +56,831 | +$6.22M | 3.4% |
| SS SPDR Series Trust | New | +79,640 | +$4.44M | 2.4% |
| JP J P Morgan Exchange Traded F | Trimmed | −64,447 | −$3.87M | 2.5% |
| JD Janus Detroit Str Tr | New | +43,946 | +$2.31M | 1.3% |
| IT Ishares Tr | Trimmed | −18,887 | −$2.14M | 2.0% |
Showing the 10 largest of 44 changes.
quarter ended March 31, 2025 · filed May 06, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| JP J P Morgan Exchange Traded F | Trimmed | −137,691 | −$6.97M | 1.5% |
| IT Ishares Tr | New | +51,015 | +$5.44M | 3.2% |
| IT Ishares Tr | Added | +46,555 | +$3.52M | 8.4% |
| JD Janus Detroit Str Tr | New | +68,487 | +$3.47M | 2.0% |
| PF Pacer Fds Tr | Exited | −71,294 | −$3.14M | — |
| SS SPDR Ser Tr | Added | +94,923 | +$3.07M | 5.2% |
| IT Ishares Tr | Trimmed | −15,289 | −$2.61M | 3.8% |
| I Ishares Inc | Trimmed | −57,589 | −$2.35M | 1.0% |
| SA Ssga Active ETF Tr | Added | +40,365 | +$1.66M | 3.0% |
| FT Franklin Templeton ETF Tr | Added | +63,850 | +$1.54M | 5.0% |
Showing the 10 largest of 33 changes.
quarter ended December 31, 2024 · filed February 05, 2025
| Company | Action | Shares changed | Value of change | % of portfolio |
|---|---|---|---|---|
| JP J P Morgan Exchange Traded F | Trimmed | −413,137 | −$23.7M | 4.8% |
| IT Ishares Tr | Trimmed | −123,679 | −$22M | 5.6% |
| IT Ishares Tr | Trimmed | −279,369 | −$19.6M | 5.9% |
| ES ETF Ser Solutions | Trimmed | −331,542 | −$18.2M | 5.8% |
| PF Pacer Fds Tr | Trimmed | −315,290 | −$17.8M | 5.5% |
| IE Invesco Exch Trd Slf Idx Fd | Exited | −271,430 | −$14.2M | — |
| JP J P Morgan Exchange Traded F | Exited | −209,391 | −$11.8M | — |
| IT Ishares Tr | Trimmed | −233,307 | −$9.94M | 3.1% |
| I Ishares Inc | Trimmed | −186,151 | −$9.72M | 2.7% |
| I Ishares Inc | Trimmed | −216,178 | −$8.71M | 2.3% |
Showing the 10 largest of 50 changes.
Loading...
