Horst & Graben Wealth Management LLC

Q4 2025 13F-HR Holdings

Location
Portland, OR
Holdings as of
12/31/2025
Date filed
1/27/2026
Form type
13F-HR
Num holdings
179
Total value ($000)
$662,762
Net value change ($000)
+8,024 (1.2%)
New positions
10
Sold out positions
10
Turnover %
1.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/16/2025 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)
IVE 9,964 45.5%
AVEM 4,629 95.0%
SPMO 4,038 50.0%
DYNF 2,496 6.0%
SYSB 2,327 NEW
IWX 1,929 18.8%
SPYM 1,800 5.6%
XLG 1,762 7.6%
IEMG 1,606 7.9%
BRK-B 1,510 NEW
Top Reduces (Value $000, Stocks/ETFs)
QUAL -14,136 -38.5%
TSLA -6,818 -87.8%
STIP -2,983 -100.0%
NVDA -2,133 -29.0%
DLR -1,111 -39.8%
EFG -1,020 -37.6%
AVGO -755 -38.3%
SCHZ -695 -2.1%
EFV -671 -2.7%
ORCL -608 -30.8%
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