Location
Santa Monica, CA
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
334
Total value ($000)
$2,864,559
Net value change ($000)
-49,360 (-1.7%)
New positions
24
Sold out positions
22
Turnover %
1.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/13/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 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)
GOOGL 20,084 30.2%
QQQM 16,601 7.6%
IXUS 12,665 11.2%
AAPL 12,309 12.6%
SPYV 10,011 7.9%
AGG 8,005 8.1%
XLV 7,944 14.9%
APH 7,241 NEW
TER 6,488 NEW
XLF 5,645 8.4%
Top Reduces (Value $000, Stocks/ETFs)
SPYG -145,051 -90.9%
SPBO -31,471 -84.0%
NVDA -15,302 -8.7%
NFLX -9,340 -22.7%
IAU -7,723 -80.4%
MSFT -5,350 -7.6%
ORCL -5,204 -28.7%
HD -3,599 -23.6%
META -2,641 -13.9%
FSK -2,471 -87.2%
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