Location
Bethesda, MD
Holdings as of
9/30/2025
Date filed
10/30/2025
Form type
13F-HR
Num holdings
115
Total value ($000)
$2,715,230
Net value change ($000)
-20,708 (-0.8%)
New positions
7
Sold out positions
5
Turnover %
1.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 8/4/2025 Next filing: 2/5/2026 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)
TSM 38,384 339.6%
GOOGL 21,930 68.4%
MO 15,232 98.8%
VT 14,802 7.2%
NGG 13,305 184.9%
JNJ 12,189 37.4%
VOO 11,477 6.4%
IBN 10,667 508.9%
TSLA 10,355 40.7%
COST 10,206 106.3%
Top Reduces (Value $000, Stocks/ETFs)
AVGO -31,047 -33.0%
MSFT -30,204 -18.2%
GEV -26,063 -47.0%
NVDA -25,218 -13.4%
BRK-B -23,662 -73.6%
LLY -21,553 -70.6%
META -16,219 -35.2%
AAPL -13,687 -9.8%
T -10,592 -34.3%
PG -10,063 -25.4%
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