Phraction Management LLC

Q3 2025 13F-HR Holdings

Location
Colchester, CT
Holdings as of
9/30/2025
Date filed
10/9/2025
Form type
13F-HR
Num holdings
66
Total value ($000)
$346,479
Net value change ($000)
+33,805 (10.8%)
New positions
3
Sold out positions
10
Turnover %
5.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/21/2025 Next filing: 1/26/2026 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)
ASML 10,842 365.2%
SNPS 6,371 NEW
GOOGL 6,058 38.8%
GOOGL 3,806 37.3%
DHR 3,726 40.0%
TMO 2,896 23.8%
ENTG 2,594 35.4%
PHYS 2,317 54.2%
RTX 1,451 14.4%
MSFT 1,224 4.2%
Top Reduces (Value $000, Stocks/ETFs)
AKX -6,485 -100.0%
ADSK -3,319 -90.2%
AVTR -1,044 -100.0%
EL -759 -100.0%
PM -750 -11.0%
ADBE -670 -100.0%
FERG -599 -11.2%
ICE -540 -8.2%
B -474 -66.9%
HON -460 -3.5%
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