Location
Radnor, PA
Holdings as of
9/30/2025
Date filed
11/13/2025
Form type
13F-HR
Num holdings
105
Total value ($000)
$7,012,547
Net value change ($000)
+417,136 (6.3%)
New positions
10
Sold out positions
12
Turnover %
6.8%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 8/6/2025 Next filing: 2/10/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
UNP 174,127 NEW
ETR 90,593 402.0%
NEE 73,354 89.4%
VTR 65,379 114.4%
PLD 64,529 37.6%
BXP 56,933 663.9%
LNG 56,308 77.8%
XEL 55,301 53.5%
EQIX 48,372 12.5%
WELL 39,325 7.8%
Top Reduces (Value $000, Stocks/ETFs)
NSC -155,128 -99.4%
INVH -100,804 -50.7%
DLR -93,876 -56.3%
O -66,923 -28.0%
EVRG -64,232 -100.0%
PSA -58,019 -77.9%
SO -55,064 -100.0%
AMT -48,893 -27.7%
NEE -29,300 -100.0%
ELS -28,635 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type