DaveManuel.com · Institutional Ownership · 13F Holdings
BURNS J W & CO INC/NY
Reported holdings as of Q3 2026, from 32 quarterly filings.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| APPLE INC | AAPL | $99.2M | 297,912 | +0.94pp | 32q | HELD | |
| MICROSOFT CORP | MSFT | $60.6M | 118,093 | +1.46pp | 32q | HELD | |
| ALPHABET INC | GOOG | $45.6M | 133,857 | -0.37pp | 32q | HELD | |
| VANGUARD INDEX FDS | VTI | $38.9M | 103,992 | -0.01pp | 32q | +2.6%+$971.5K | |
| VISA INC | V | $37.1M | 103,160 | +0.03pp | 32q | HELD | |
| AMAZON COM INC | AMZN | $35.2M | 141,160 | +0.06pp | 32q | +1.3%+$454.0K | |
| VANGUARD WHITEHALL FDS | VYMI | $34.3M | 339,183 | +0.01pp | 13q | +1.4%+$457.9K | |
| NVIDIA CORPORATION | NVDA | $34.3M | 150,050 | +0.41pp | 32q | +3.5%+$1.1M | |
| INVESCO QQQ TR | QQQ | $33.4M | 45,160 | -0.09pp | 32q | +0.7%+$220.5K | |
| JPMORGAN CHASE & CO | JPM | $26.1M | 78,773 | -0.03pp | 32q | +1.5%+$395.0K | |
| VANGUARD SPECIALIZED FUNDS | VIG | $25.6M | 109,668 | -0.07pp | 32q | +2.6%+$649.5K | |
| ISHARES TR | IJH | $22.6M | 314,052 | -0.18pp | 32q | +3.1%+$672.0K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $20.4M | 40,884 | -0.10pp | 32q | HELD | |
| PALO ALTO NETWORKS INC | PANW | $14.8M | 37,188 | +0.16pp | 15q | HELD | |
| JOHNSON & JOHNSON | JNJ | $14.3M | 53,859 | +0.01pp | 32q | +0.7%+$96.4K | |
| RTX CORPORATION | RTX | $14.1M | 76,049 | -0.09pp | 26q | HELD | |
| CHEVRON CORPORATION | CVX | $14.0M | 68,612 | +0.26pp | 32q | +3.9%+$526.9K | |
| META PLATFORMS INC | META | $13.9M | 19,213 | +0.29pp | 32q | +1.5%+$206.0K | |
| COSTCO WHOLESALE CORPORATION | COST | $13.1M | 14,342 | -0.08pp | 32q | +0.8%+$102.0K | |
| VANGUARD WHITEHALL FDS | VYM | $12.7M | 81,814 | -0.01pp | 32q | +5.3%+$641.9K | |
| ISHARES TR | IJR | $12.6M | 92,526 | -0.13pp | 16q | +2.6%+$321.1K | |
| MORGAN STANLEY | MS | $12.2M | 65,038 | -0.19pp | 32q | HELD | |
| NETFLIX INC. | NFLX | $11.5M | 165,655 | -0.05pp | 32q | +1.9%+$214.3K | |
| VANGUARD STAR FDS | VXUS | $11.2M | 131,928 | +0.04pp | 13q | +8.1%+$839.9K | |
| MCDONALDS CORP | MCD | $11.0M | 47,606 | -0.19pp | 32q | +3.8%+$400.9K | |
| ABBVIE INC | ABBV | $10.8M | 41,226 | +0.13pp | 32q | +13.2%+$1.3M | |
| SELECT SECTOR SPDR TR | XLK | $10.3M | 52,825 | -0.01pp | 32q | HELD | |
| ISHARES TR | IGSB | $9.7M | 188,960 | -0.01pp | 13q | +5.7%+$523.1K | |
| WASTE MGMT INC DEL | WM | $9.6M | 47,319 | -0.11pp | 32q | +1.6%+$151.1K | |
| AMGEN INC | AMGN | $9.6M | 22,890 | +0.11pp | 32q | +0.9%+$83.9K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $9.5M | 12,432 | -0.03pp | 32q | -0.8%-$80.1K | |
| DEERE CO | DE | $9.4M | 13,923 | +0.02pp | 26q | +0.8%+$73.9K | |
| DELL TECHNOLOGIES INC | DELL | $7.9M | 14,730 | +0.14pp | 8q | +0.7%+$52.7K | |
| SELECT SECTOR SPDR TR | XLI | $7.9M | 47,423 | -0.12pp | 32q | HELD | |
| PROCTER & GAMBLE CO | PG | $7.4M | 50,966 | -0.05pp | 32q | -2.0%-$154.7K | |
| ALPHABET INC | GOOGL | $7.4M | 21,488 | -0.06pp | 32q | HELD | |
| BROADCOM INC | AVGO | $7.4M | 21,047 | -0.03pp | 12q | +7.4%+$510.6K | |
| STRYKER CORPORATION | SYK | $6.8M | 24,807 | -0.18pp | 32q | -5.3%-$384.2K | |
| PEPSICO INC | PEP | $6.8M | 53,577 | -0.08pp | 32q | HELD | |
| THERMO FISHER SCIENTIFIC INC | TMO | $6.7M | 9,877 | +0.15pp | 32q | HELD | |
| NORFOLK SOUTHN CORP | NSC | $6.2M | 20,008 | -0.04pp | 32q | -0.9%-$58.7K | |
| DANAHER CORP DEL | DHR | $6.2M | 27,862 | +0.07pp | 32q | HELD | |
| EXXONMOBIL HOLDINGS CORP | XOM | $5.7M | 35,257 | +0.08pp | 2q | +2.0%+$110.0K | |
| SELECT SECTOR SPDR TR | XLF | $5.7M | 106,128 | -0.03pp | 32q | HELD | |
| ISHARES TR | IJS | $5.3M | 41,069 | -0.05pp | 25q | +1.6%+$80.8K | |
| COCA COLA CO | KO | $5.1M | 58,756 | +0.01pp | 32q | HELD | |
| ELI LILLY & CO | LLY | $5.0M | 4,332 | -0.04pp | 22q | HELD | |
| APPLIED MATLS INC | AMAT | $4.4M | 8,683 | -0.25pp | 32q | -5.4%-$255.7K | |
| STARBUCKS CORP | SBUX | $4.4M | 46,667 | -0.06pp | 32q | -1.1%-$47.0K | |
| ISHARES TR | LQD | $4.3M | 42,240 | -0.06pp | 13q | -2.8%-$124.7K | |
| PALANTIR TECHNOLOGIES INC | PLTR | $4.2M | 22,696 | +0.16pp | 9q | +3.3%+$135.6K | |
| ISHARES TR | HYG | $4.2M | 54,645 | -0.01pp | 13q | +4.3%+$174.9K | |
| INTUITIVE SURGICAL INC | ISRG | $4.2M | 10,307 | -0.26pp | 32q | -36.9%-$2.5M | |
| ISHARES GOLD TR | IAU | $4.1M | 52,695 | -0.05pp | 22q | -9.8%-$445.6K | |
| UNITED RENTALS INC | URI | $4.0M | 3,969 | -0.14pp | 32q | -12.6%-$570.4K | |
| HOME DEPOT INC | HD | $3.8M | 13,435 | -0.16pp | 32q | -9.2%-$386.9K | |
| LOWES COS INC | LOW | $3.8M | 20,488 | -0.13pp | 32q | -6.7%-$269.4K | |
| LAM RESEARCH CORP | LRCX | $3.7M | 11,156 | -0.14pp | 8q | -0.5%-$19.1K | |
| INVESCO EXCHANGE TRADED FD T | SPHQ | $3.1M | 36,987 | -0.03pp | 32q | HELD | |
| CME GROUP INC | CME | $3.0M | 11,358 | +0.03pp | 32q | -1.0%-$28.8K | |
| SELECT SECTOR SPDR TR | XLE | $2.8M | 46,107 | +0.03pp | 32q | +1.8%+$48.9K | |
| PHILIP MORRIS INTL INC | PM | $2.7M | 14,401 | flat | 32q | -1.4%-$38.0K | |
| INVESCO EXCHANGE TRADED FD T | RSP | $2.6M | 12,600 | -0.02pp | 32q | HELD | |
| QUANTA SVCS INC | PWR | $2.5M | 3,892 | -0.04pp | 17q | HELD | |
| YUM! BRANDS INC | YUM | $2.3M | 16,967 | -0.06pp | 32q | -3.2%-$76.2K | |
| TJX COS INC NEW | TJX | $2.3M | 17,335 | -0.05pp | 31q | -3.1%-$72.2K | |
| ISHARES TR | IBB | $2.3M | 10,688 | +0.01pp | 32q | -2.6%-$60.0K | |
| BOEING CO | BA | $2.2M | 12,065 | -0.05pp | 32q | HELD | |
| VANECK ETF TRUST | ANGL | $2.2M | 79,975 | -0.02pp | 13q | HELD | |
| MARATHON PETE CORP | MPC | $2.1M | 5,345 | +0.07pp | 23q | -1.4%-$29.7K | |
| SPDR SERIES TRUST | CWB | $2.1M | 20,870 | -0.03pp | 13q | -1.0%-$22.1K | |
| ISHARES TR | IWF | $2.0M | 15,808 | -0.01pp | 32q | -1.2%-$25.1K | |
| CATERPILLAR INC | CAT | $1.9M | 2,374 | -0.09pp | 31q | -5.5%-$111.9K | |
| WASTE CONNECTIONS INC | WCN | $1.9M | 12,500 | -0.02pp | 32q | HELD | |
| PAYCHEX INC | PAYX | $1.9M | 19,434 | -0.01pp | 32q | -2.0%-$39.3K | |
| CAPITAL ONE FINL CORP | COF | $1.8M | 9,519 | -0.01pp | 6q | HELD | |
| DISNEY WALT CO | DIS | $1.8M | 17,441 | flat | 32q | -6.7%-$131.8K | |
| CORNING INC | GLW | $1.8M | 11,627 | -0.13pp | 32q | HELD | |
| BRISTOL-MYERS SQUIBB CO | BMY | $1.7M | 26,949 | +0.01pp | 32q | +0.7%+$10.9K | |
| AMPHENOL CORP | APH | $1.6M | 19,284 | -0.01pp | 32q | HELD | |
| INTEL CORP | INTC | $1.6M | 13,400 | -0.03pp | 32q | +1.5%+$23.9K | |
| VANGUARD INDEX FDS | VTV | $1.5M | 6,801 | -0.01pp | 24q | HELD | |
| ISHARES TR | ITA | $1.5M | 7,064 | -0.03pp | 32q | HELD | |
| CHURCH & DWIGHT CO INC | CHD | $1.5M | 15,513 | -0.02pp | 32q | -3.7%-$56.0K | |
| CASEYS GEN STORES INC | CASY | $1.4M | 2,330 | -0.06pp | 11q | -5.3%-$79.1K | |
| ABBOTT LABORATORIES | ABT | $1.4M | 14,085 | +0.01pp | 32q | HELD | |
| ISHARES TR | IVW | $1.4M | 9,655 | flat | 32q | -0.9%-$12.9K | |
| UNION PAC CORP | UNP | $1.4M | 4,961 | -0.01pp | 32q | -0.5%-$6.8K | |
| VANGUARD INDEX FDS | VOO | $1.3M | 1,923 | flat | 26q | -1.1%-$14.7K | |
| VANGUARD BD INDEX FDS | BND | $1.3M | 18,170 | -0.03pp | 13q | -11.3%-$163.1K | |
| TESLA INC | TSLA | $1.3M | 3,567 | -0.04pp | 25q | -4.2%-$55.4K | |
| AUTODESK INC | ADSK | $1.2M | 5,897 | flat | 32q | HELD | |
| ISHARES TR | IYW | $1.2M | 4,560 | flat | 32q | HELD | |
| INTERCONTINENTAL EXCHANGE IN | ICE | $1.2M | 7,645 | +0.01pp | 32q | -5.3%-$64.6K | |
| SPDR GOLD TR | GLD | $1.2M | 3,045 | flat | 26q | -1.0%-$11.4K | |
| MICRON TECHNOLOGY INC | MU | $1.2M | 1,088 | +0.04pp | 2q | +68.4%+$470.8K | |
| TRAVELERS COMPANIES INC | TRV | $1.2M | 3,248 | flat | 32q | HELD | |
| SOUTHERN CO | SO | $1.1M | 12,691 | -0.02pp | 32q | -2.6%-$27.7K | |
| WALMART INC | WMT | $1.0M | 9,814 | +0.03pp | 22q | +69.1%+$416.9K | |
| MERCK & CO INC | MRK | $1.0M | 6,964 | +0.01pp | 32q | -0.7%-$7.0K | |
| VERIZON COMMUNICATIONS INC | VZ | $982.4K | 21,416 | -0.01pp | 32q | -16.1%-$188.1K | |
| METLIFE INC | MET | $961.9K | 10,216 | +0.01pp | 32q | HELD | |
| NEXTERA ENERGY INC | NEE | $950.7K | 12,552 | -0.02pp | 32q | -2.0%-$18.9K | |
| ISHARES TR | IWV | $900.0K | 2,085 | flat | 32q | HELD | |
| CISCO SYS INC | CSCO | $890.4K | 8,273 | -0.02pp | 32q | -8.3%-$80.7K | |
| ALTRIA GROUP INC | MO | $866.9K | 12,874 | -0.01pp | 32q | +0.9%+$7.4K | |
| AUTOMATIC DATA PROCESSING IN | ADP | $829.9K | 3,216 | +0.01pp | 32q | HELD | |
| PFIZER INC | PFE | $828.5K | 29,050 | +0.01pp | 32q | HELD | |
| HERSHEY CO | HSY | $789.6K | 5,010 | -0.01pp | 32q | HELD | |
| STATE STR SPDR DOW JONES IND | DIA | $788.8K | 1,551 | -0.01pp | 32q | HELD | |
| FEDEX CORP | FDX | $781.7K | 2,742 | -0.01pp | 32q | HELD | |
| CALAMOS CONV & HIGH INCOME F | CHY | $776.7K | 66,325 | -0.02pp | 13q | HELD | |
| BLACKROCK INC | BLK | $771.5K | 729 | flat | 9q | -2.7%-$21.2K | |
| M & T BK CORP | MTB | $763.6K | 3,509 | -0.04pp | 21q | -23.1%-$228.9K | |
| ISHARES TR | IVV | $758.7K | 991 | flat | 32q | HELD | |
| ISHARES TR | DSI | $754.3K | 5,160 | flat | 24q | HELD | |
| INTERNATIONAL BUSINESS MACHS | IBM | $746.7K | 3,395 | -0.03pp | 32q | -7.8%-$63.3K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $708.9K | 1,554 | flat | 6q | +1.8%+$12.3K | |
| NOVARTIS AG | NVS | $707.9K | 4,965 | -0.01pp | 32q | +1.0%+$7.1K | |
| GENERAL DYNAMICS CORP | GD | $704.0K | 2,122 | +0.02pp | 23q | +46.5%+$223.6K | |
| SPDR SERIES TRUST | SDY | $688.3K | 4,699 | -0.01pp | 32q | HELD | |
| SPDR SERIES TRUST | SPYX | $671.7K | 10,750 | flat | 14q | HELD | |
| NORDSON CORP | NDSN | $655.7K | 2,000 | flat | 32q | HELD | |
| LOCKHEED MARTIN CORP | LMT | $647.1K | 1,271 | flat | 32q | -1.0%-$6.6K | |
| HCA Healthcare, Inc. | HCA | $629.4K | 1,475 | flat | 17q | HELD | |
| ORACLE CORP | ORCL | $626.6K | 4,564 | -0.01pp | 11q | -3.8%-$25.0K | |
| CLOROX CO DEL | CLX | $612.4K | 7,560 | -0.02pp | 32q | -1.6%-$9.7K | |
| QUALCOMM INC | QCOM | $602.6K | 3,274 | flat | 30q | HELD | |
| FERRARI N V | RACE | $587.3K | 1,495 | flat | 31q | HELD | |
| ARISTA NETWORKS INC | ANET | $573.5K | 2,817 | +0.01pp | 8q | -3.8%-$22.8K | |
| SELECT SECTOR SPDR TR | XLY | $567.1K | 5,210 | -0.01pp | 30q | HELD | |
| MASTERCARD INCORPORATED | MA | $547.6K | 993 | flat | 26q | -1.1%-$6.1K | |
| ARROW ELECTRS INC | ARW | $538.0K | 2,370 | flat | 17q | HELD | |
| WISDOMTREE TR | DLN | $519.0K | 5,339 | +0.01pp | 24q | +42.4%+$154.5K | |
| SNAP ON INC | SNA | $503.2K | 1,385 | -0.01pp | 17q | HELD | |
| CONSOLIDATED EDISON INC | ED | $499.9K | 4,891 | -0.01pp | 32q | HELD | |
| MOTOROLA SOLUTIONS INC | MSI | $499.5K | 1,120 | flat | 23q | HELD | |
| NUSHARES ETF TR | NUDM | $496.4K | 12,500 | flat | 3q | HELD | |
| AUTOZONE INC | AZO | $495.3K | 175 | -0.01pp | 17q | HELD | |
| PIMCO ETF TR | HYS | $486.3K | 5,375 | flat | 13q | +10.3%+$45.2K | |
| CARRIER GLOBAL CORPORATION | CARR | $484.9K | 8,838 | -0.02pp | 26q | -4.5%-$22.8K | |
| GROUP 1 AUTOMOTIVE INC | GPI | $456.8K | 1,900 | -0.01pp | 17q | HELD | |
| VANGUARD WORLD FD | ESGV | $433.8K | 3,201 | - | new | NEW | |
| SELECT SECTOR SPDR TR | XLV | $429.7K | 2,552 | flat | 31q | HELD | |
| BANK OF AMER CORP | BAC | $424.2K | 7,793 | -0.01pp | 32q | -4.8%-$21.2K | |
| SHOPIFY INC | SHOP | $422.7K | 2,850 | +0.01pp | 12q | HELD | |
| UNITEDHEALTH GROUP INC | UNH | $422.0K | 1,150 | -0.01pp | 31q | -0.7%-$2.9K | |
| AMERICAN EXPRESS CO | AXP | $416.9K | 1,371 | -0.01pp | 15q | HELD | |
| VANGUARD INDEX FDS | VUG | $409.3K | 4,542 | flat | 10q | HELD | |
| SPDR SERIES TRUST | SPYM | $400.1K | 4,458 | - | new | NEW | |
| COLGATE PALMOLIVE CO | CL | $390.3K | 4,575 | flat | 32q | +5.1%+$18.8K | |
| HOWMET AEROSPACE INC | HWM | $387.4K | 1,713 | -0.01pp | 8q | -5.5%-$22.4K | |
| ISHARES TR | ICSH | $386.3K | 7,665 | +0.01pp | 2q | +40.6%+$111.6K | |
| SPACE EXPLORATION TECHN CORP | SPCX | $383.6K | 2,543 | - | new | NEW | |
| TORONTO DOMINION BK ONT | TD | $368.6K | 3,136 | -0.01pp | 32q | -5.9%-$22.9K | |
| KEYSIGHT TECHNOLOGIES INC | KEYS | $365.9K | 1,005 | flat | 4q | HELD | |
| STATE STR CORP | STT | $362.3K | 2,075 | flat | 9q | HELD | |
| TOOTSIE ROLL INDS INC | TR | $350.4K | 9,327 | -0.01pp | 32q | -14.8%-$61.0K | |
| BLACKSTONE INC | BX | $347.5K | 3,100 | flat | 29q | HELD | |
| SHERWIN WILLIAMS CO | SHW | $339.8K | 1,051 | flat | 14q | +1.5%+$5.2K | |
| TOMPKINS FINL CORP | TMP | $332.6K | 3,455 | flat | 32q | HELD | |
| VANECK ETF TRUST | SMH | $328.9K | 540 | flat | 2q | HELD | |
| 3M CO | MMM | $324.0K | 1,974 | flat | 9q | +1.8%+$5.7K | |
| AT&T INC | T | $313.2K | 12,835 | flat | 32q | +4.7%+$13.9K | |
| VANGUARD WORLD FD | VGT | $310.3K | 2,469 | flat | 5q | HELD | |
| SCHWAB STRATEGIC TR | SCHZ | $309.4K | 14,000 | flat | 13q | HELD | |
| GE VERNOVA INC | GEV | $301.3K | 317 | -0.01pp | 2q | +1.9%+$5.7K | |
| ISHARES TR | USMV | $292.3K | 3,000 | flat | 25q | HELD | |
| AIR PRODUCTS AND CHEMICALS I | APD | $284.6K | 1,023 | flat | 8q | HELD | |
| WW GRAINGER INC | GWW | $276.6K | 222 | flat | 9q | HELD | |
| COCA COLA CONS INC | COKE | $258.0K | 1,363 | flat | 3q | +1.3%+$3.4K | |
| MARRIOTT INTL INC NEW | MAR | $254.3K | 715 | flat | 4q | HELD | |
| SPDR INDEX SHS FDS | EFAX | $249.1K | 4,650 | flat | 3q | +2.2%+$5.4K | |
| ISHARES TR | IWD | $247.9K | 1,000 | flat | 5q | HELD | |
| ZIMMER BIOMET HOLDINGS INC | ZBH | $239.9K | 2,701 | flat | 32q | -2.9%-$7.1K | |
| ROCKET LAB CORP | RKLB | $235.4K | 3,378 | - | new | NEW | |
| VANGUARD INDEX FDS | VO | $235.3K | 3,000 | flat | 5q | HELD | |
| L3HARRIS TECHNOLOGIES INC | LHX | $233.7K | 987 | -0.01pp | 12q | HELD | |
| GE AEROSPACE | GE | $232.7K | 745 | -0.01pp | 4q | HELD | |
| ISHARES TR | EEM | $232.0K | 3,473 | flat | 3q | -3.9%-$9.4K | |
| BIOGEN INC | BIIB | $225.9K | 1,000 | flat | 2q | HELD | |
| EA SERIES TRUST | DRLL | $216.2K | 5,400 | - | new | NEW | |
| J P MORGAN EXCHANGE TRADED F | JEPI | $215.9K | 3,840 | flat | 2q | HELD | |
| DUKE ENERGY CORP NEW | DUK | $215.0K | 1,886 | flat | 32q | -1.0%-$2.2K | |
| LATTICE SEMICONDUCTOR CORP | LSCC | $213.6K | 1,700 | -0.01pp | 2q | HELD | |
| ALLSTATE CORP | ALL | $212.8K | 959 | - | new | NEW | |
| ISHARES TR | XJH | $212.2K | 4,350 | flat | 2q | HELD | |
| ISHARES TR | DMXF | $207.4K | 2,450 | - | new | NEW | |
| DOVER CORP | DOV | $207.3K | 1,108 | -0.01pp | 9q | HELD | |
| VERTEX PHARMACEUTICALS INC | VRTX | $201.8K | 386 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $135.2M | 13.6% |
| Computer Hardware | $124.1M | 12.4% |
| Retail & Consumer | $79.5M | 8.0% |
| Semiconductors & Electronics | $53.1M | 5.3% |
| Biotech & Pharma | $45.8M | 4.6% |
| Business Services | $43.8M | 4.4% |
| Banks & Lending | $30.6M | 3.1% |
| Insurance | $23.1M | 2.3% |
| Capital Markets | $22.8M | 2.3% |
| Energy | $21.9M | 2.2% |
| Autos & Aerospace | $20.0M | 2.0% |
| Food, Drink & Tobacco | $16.9M | 1.7% |
| Other sectors | $106.2M | 10.6% |
| Not classified | $274.9M | 27.6% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2026 | +3.4% | +2.1% | +1.2% | 100% |
| Q2 2026 | +10.1% | +14.8% | -4.7% | 100% |
| Q1 2026 | -3.8% | -4.6% | +0.8% | 100% |
| Q4 2025 | +2.4% | +2.4% | +0.0% | 100% |
| Q3 2025 | +6.9% | +7.8% | -0.9% | 100% |
| Q2 2025 | +6.5% | +10.5% | -3.9% | 100% |
| Q1 2025 | -2.1% | -4.6% | +2.5% | 100% |
| Q4 2024 | +1.4% | +2.1% | -0.7% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2026 | $997.8M | 190 | 8 | 47 | 55 | 7 | 44.6% | 20 |
| Q2 2026 | $959.5M | 189 | 13 | 38 | 80 | 7 | 42.2% | 15 |
| Q1 2026 | $872.8M | 183 | 7 | 51 | 68 | 7 | 40.9% | 17 |
| Q4 2025 | $903.3M | 183 | 6 | 47 | 68 | 7 | 44.0% | 12 |
| Q3 2025 | $883.7M | 184 | 5 | 45 | 76 | 5 | 43.0% | 20 |
| Q2 2025 | $823.8M | 184 | 4 | 32 | 100 | 7 | 41.3% | 10 |
| Q1 2025 | $771.5M | 187 | 7 | 45 | 80 | 8 | 39.5% | 8 |
| Q4 2024 | $783.2M | 188 | 6 | 39 | 80 | 4 | 41.3% | 13 |
| Q3 2024 | $769.3M | 186 | 10 | 41 | 79 | 8 | 40.1% | 4 |
| Q2 2024 | $740.5M | 184 | 4 | 34 | 68 | 8 | 41.5% | 23 |
| Q1 2024 | $718.4M | 188 | 8 | 30 | 88 | 3 | 39.6% | 17 |
| Q4 2023 | $675.8M | 183 | 8 | 22 | 81 | 2 | 40.8% | 18 |
| Q3 2023 | $617.3M | 177 | 14 | 25 | 65 | 9 | 40.0% | 44 |
| Q2 2023 | $624.3M | 172 | 2 | 26 | 76 | 3 | 42.0% | 12 |
| Q1 2023 | $588.0M | 173 | 5 | 51 | 37 | 4 | 39.6% | 17 |
| Q4 2022 | $547.8M | 172 | 6 | 25 | 72 | 3 | 37.2% | 13 |
| Q3 2022 | $509.5M | 169 | 10 | 28 | 54 | 3 | 38.9% | 4 |
| Q2 2022 | $528.4M | 162 | 0 | 31 | 68 | 14 | 38.5% | 14 |
| Q1 2022 | $628.3M | 176 | 2 | 13 | 104 | 13 | 39.2% | 8 |
| Q4 2021 | $690.7M | 187 | 7 | 28 | 78 | 0 | 38.0% | 20 |
| Q3 2021 | $638.5M | 180 | 4 | 51 | 54 | 5 | 37.5% | 13 |
| Q2 2021 | $636.0M | 181 | 9 | 34 | 75 | 3 | 37.5% | 12 |
| Q1 2021 | $593.8M | 175 | 13 | 55 | 41 | 3 | 36.4% | 16 |
| Q4 2020 | $561.8M | 165 | 9 | 46 | 39 | 2 | 38.5% | 12 |
| Q3 2020 | $498.1M | 158 | 9 | 35 | 51 | 0 | 38.8% | 6 |
| Q2 2020 | $452.3M | 149 | 9 | 51 | 34 | 3 | 38.1% | 6 |
| Q1 2020 | $370.5M | 143 | 0 | 33 | 72 | 19 | 37.0% | 6 |
| Q4 2019 | $470.9M | 162 | 4 | 50 | 58 | 5 | 33.3% | 7 |
| Q3 2019 | $434.4M | 163 | 7 | 35 | 56 | 9 | 32.1% | 11 |
| Q2 2019 | $432.2M | 165 | 8 | 46 | 41 | 2 | 31.6% | 9 |
| Q1 2019 | $410.0M | 159 | 12 | 57 | 44 | 5 | 30.5% | 2 |
| Q4 2018 | $356.9M | 152 | 0 | 0 | 0 | 0 | 30.9% | 16 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.