Institution

Massmutual Private Wealth & Trust, Fsb

13F for September 30, 2026, filed October 5, 2026 · SEC CIK 1103653 · Holdings history from December 31, 2013

Reported value: $3.8bn
Positions we cover: 2,047
Copy, a year: +13.7%
Copy Sharpe ratio: 0.75

Copy-performance statistics: February 14, 2014 to November 2, 2026. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

Reports holdings for Massachusetts Mutual Life Insurance Co · SEC notice for June 30, 2015

Holdings date Find a security

2,398 reported entries for September 30, 2026.

Issuer	Class / type	Reported value	Quantity
Serve Robotics Inc81758H106 · SERV	Common / Ordinary Stock	$321	69
Service Corp International/US817565104 · SCI	Common / Ordinary Stock	$32,059	421
ServiceNow Inc81762P102 · NOW	Common / Ordinary Stock	$12.4m	92,873
ServiceTitan Inc81764X103 · TTAN	Common / Ordinary Stock	$1,645	25
ServisFirst Bancshares Inc81768T108 · SFBS	Common / Ordinary Stock	$8,876	222
Sezzle Inc78435P105 · SEZL	Common / Ordinary Stock	$9,075	84
SFL Corp LtdG7738W106 · SFL	Common / Ordinary Stock	$3,185	242
Shake Shack Inc819047101 · SHAK	Common / Ordinary Stock	$3,462	59
Sharkninja IncG8068L108 · SN	Common / Ordinary Stock	$7,205	40
Sherwin-Williams Co/The824348106 · SHW	Common / Ordinary Stock	$381,782	1,181
Shift4 Payments Inc82452J109 · FOUR	Common / Ordinary Stock	$3,870	107
Shoals Technologies Group Inc82489W107 · SHLS	Common / Ordinary Stock	$1,968	243
Shoe Station Group Inc824889109 · SHOE	Common / Ordinary Stock	$3,901	305
Shopify Inc82509L107 · SHOP	Common / Ordinary Stock	$259,673	1,751
Shore Bancshares Inc825107105 · SHBI	Common / Ordinary Stock	$1,276	57
Shutterstock Inc825690100 · SSTK	Common / Ordinary Stock	$819	194
Signet Jewelers LtdG81276100 · SIG	Common / Ordinary Stock	$3,582	35
Silgan Holdings Inc827048109 · SLGN	Common / Ordinary Stock	$134,066	3,858
Silicon Laboratories Inc826919102 · SLAB	Common / Ordinary Stock	$51,850	234
Silvercrest Asset Management Group LLC828359109 · SAMG	Common / Ordinary Stock	$116	11
Silvergate Capital Corp82837P408	Common / Ordinary Stock	$26	36
Simmons First National Corp828730200 · SFNC	Common / Ordinary Stock	$994	44
Simon Property Group Inc828806109 · SPG	Closed-end REIT	$268,416	1,337
Simply Good Foods Co/The82900L102 · SMPL	Common / Ordinary Stock	$3,227	340
Simpson Manufacturing Co Inc829073105 · SSD	Common / Ordinary Stock	$7,177	42
SiriusPoint LtdG8192H106 · SPNT	Common / Ordinary Stock	$8,294	342
Sirius XM Holdings Inc829933100 · SIRI	Common / Ordinary Stock	$62,293	2,407
SITE Centers Corp82981J851 · SITC	Closed-end REIT	$2,592	769
SiteOne Landscape Supply Inc82982L103 · SITE	Common / Ordinary Stock	$632	7
SiTime Corp82982T106	Common / Ordinary Stock	$34,558	53
Six Flags Entertainment Corp83001C108 · FUN	Common / Ordinary Stock	$1,532	143
Skinny Nutritional Corp830695102	Common / Ordinary Stock	$3	5,000
SkyWest Inc830879102 · SKYW	Common / Ordinary Stock	$16,670	172
Skyworks Solutions Inc83088M102 · SWKS	Common / Ordinary Stock	$51,972	608
SLB Ltd806857108 · SLB	Common / Ordinary Stock	$1.8m	36,951
SL Green Realty Corp78440X887 · SLG	Closed-end REIT	$16,290	333
SLM Corp78442P106 · SLM	Common / Ordinary Stock	$7,015	310
SmartFinancial Inc83190L208 · SMBK	Common / Ordinary Stock	$4,560	92
SM Energy Co78454L100 · SM	Common / Ordinary Stock	$59,385	1,758
Smurfit Westrock PLCG8267P108 · SW	Common / Ordinary Stock	$32,810	744
Snap-on Inc833034101 · SNA	Common / Ordinary Stock	$2.3m	6,274
Snowflake Inc833445109 · SNOW	Common / Ordinary Stock	$137,522	405
SoFi Technologies Inc83406F102 · SOFI	Common / Ordinary Stock	$35,339	2,248
SolarEdge Technologies Inc83417M104 · SEDG	Common / Ordinary Stock	$3,538	111
Solaris Energy Infrastructure Inc83418M103 · SEI	Common / Ordinary Stock	$6,762	95
Solstice Advanced Materials Inc83443Q103 · SOLS	Common / Ordinary Stock	$41,114	730
Solventum Corp83444M101 · SOLV	Common / Ordinary Stock	$98,640	1,119
Somnigroup International Inc88023U101 · SGI	Common / Ordinary Stock	$40,185	647
Sonic Automotive Inc83545G102 · SAH	Common / Ordinary Stock	$422	7
Sonoco Products Co835495102 · SON	Common / Ordinary Stock	$2,441	50
Sonos Inc83570H108 · SONO	Common / Ordinary Stock	$6,548	366
Sotera Health Co83601L102 · SHC	Common / Ordinary Stock	$6,934	375
South Bow Corp83671M105 · SOBO	Common / Ordinary Stock	$3,777	114
Southern Copper Corp84265V105 · SCCO	Common / Ordinary Stock	$179,742	887
Southern Co/The842587107 · SO	Common / Ordinary Stock	$5.6m	67,401
South Plains Financial Inc83946P107 · SPFI	Common / Ordinary Stock	$17,694	424
Southside Bancshares Inc84470P109 · SBSI	Common / Ordinary Stock	$2,136	71
Southstate Bank Corp84472E102 · SSB	Common / Ordinary Stock	$25,587	257
Southwest Airlines Co844741108 · LUV	Common / Ordinary Stock	$104,350	2,506
Southwest Gas Holdings Inc844895102 · SWX	Common / Ordinary Stock	$897	11
Space Exploration Technologies Corp84615Q103 · SPCX	Common / Ordinary Stock	$84,029	557
SPDR Gold MiniShares Trust98149E303	Exchange Traded Fund	$7,232	88
SPDR Gold Shares78463V107	Exchange Traded Fund	$457,389	1,201
SPDR S&P Bank ETF78464A797	Exchange Traded Fund	$21,052	333
SPDR S&P Dividend ETF78464A763	Exchange Traded Fund	$402,527	2,748
SPDR S&P Emerging Markets SmallCap ETF78463X756	Exchange Traded Fund	$32,706	460
SPDR S&P MidCap 400 ETF Trust78467Y107	Exchange Traded Fund	$33.6m	51,162
Spectrum Brands Holdings Inc84790A105 · SPB	Common / Ordinary Stock	$557	7
S&P Global Inc78409V104 · SPGI	Common / Ordinary Stock	$4.2m	10,729
Sphere Entertainment Co55826T102 · SPHR	Common / Ordinary Stock	$13,444	100
Spire Inc84857L101 · SR	Common / Ordinary Stock	$13,772	181
Spotify Technology SAL8681T102 · SPOT	Common / Ordinary Stock	$189,591	389
Sprinklr Inc85208T107 · CXM	Common / Ordinary Stock	$11,291	2,281
Sprouts Farmers Market Inc85208M102 · SFM	Common / Ordinary Stock	$17,848	269
Sprout Social Inc85209W109 · SPT	Common / Ordinary Stock	$2,833	290
SPS Commerce Inc78463M107 · SPSC	Common / Ordinary Stock	$33,718	409
SPX Technologies Inc Com78473E103 · SPXC	Common / Ordinary Stock	$28,486	168
SR Bancorp Inc85227J106 · SRBK	Common / Ordinary Stock	$396	21
SS&C Technologies Holdings Inc78467J100 · SSNC	Common / Ordinary Stock	$15,414	200
SSR Mining Inc784730103 · SSRM	Common / Ordinary Stock	$4,332	130
STAAR Surgical Co852312305 · STAA	Common / Ordinary Stock	$6,399	283
STAG Industrial Inc85254J102 · STAG	Closed-end REIT	$4,512	126
StandardAero Inc85423L103 · SARO	Common / Ordinary Stock	$27,542	1,290
Standard Motor Products Inc853666105 · SMP	Common / Ordinary Stock	$3,710	100
Standex International Corp854231107 · SXI	Common / Ordinary Stock	$273	1
Stanley Black & Decker Inc854502101 · SWK	Common / Ordinary Stock	$59,444	671
Stantec Inc85472N109 · STN	Common / Ordinary Stock	$8,555	127
Starbucks Corp855244109 · SBUX	Common / Ordinary Stock	$4.4m	47,087
State Street Communication Services Select Sector SPDR ETF81369Y852	Exchange Traded Fund	$455,088	4,101
State Street Corp857477103 · STT	Common / Ordinary Stock	$185,589	1,063
State Street Energy Select Sector SPDR ETF81369Y506	Exchange Traded Fund	$52,706	857
State Street Health Care Select Sector SPDR ETF81369Y209	Exchange Traded Fund	$400,840	2,380
State Street Industrial Select Sector SPDR ETF81369Y704	Exchange Traded Fund	$41,244	247
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF78468R739	Exchange Traded Fund	$132,999	2,851
State Street SPDR Portfolio Developed World ex-US ETF78463X889	Exchange Traded Fund	$13,004	259
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375	Exchange Traded Fund	$711,193	22,032
State Street SPDR Portfolio Long Term Treasury ETF78464A664	Exchange Traded Fund	$882	37
State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474	Exchange Traded Fund	$3.3m	112,596
State Street SPDR S&P 500 ESG ETF78468R531	Exchange Traded Fund	$2.7m	37,009
State Street SPDR S&P 500 ETF Trust78462F103	Exchange Traded Fund	$6.5m	8,564

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

CopyS&P 500 $10,000 copying Massmutual Private Wealth & Trust, Fsb's usable filed holdings in companies we cover from February 14, 2014, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.0% (S&P 500 −31.8%); beta 0.98; alpha +0.3% a year (t = 0.41); last 12 months +10.9% against +12.1%.

Reported value by quarter

Massmutual Private Wealth & Trust, Fsb: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.

View chart data

Period	Reported value
2019-06-30	$1.4B
2019-09-30	$1.5B
2019-12-31	$1.6B
2020-03-31	$1.3B
2020-06-30	$1.6B
2020-09-30	$1.7B
2020-12-31	$2B
2021-03-31	$2.1B
2021-06-30	$2.4B
2021-09-30	$2.4B
2021-12-31	$2.7B
2022-03-31	$2.6B
2022-06-30	$2.3B
2022-09-30	$2.2B
2023-03-31	$2.6B
2023-06-30	$2.8B
2023-09-30	$2.7B
2023-12-31	$3B
2024-03-31	$3.2B
2024-06-30	$3.3B
2024-09-30	$3.5B
2024-12-31	$3.6B
2025-03-31	$3.5B
2025-06-30	$3.8B
2025-09-30	$3.9B
2025-12-31	$3.9B
2026-03-31	$3.7B
2026-06-30	$3.9B
2026-09-30	$3.8B

Latest covered holdings and moves

Covered holdings as of September 30, 2026.

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	5.38%	$204.1m	612.7K	−4.7% Reduced
NVDANVIDIA Corporation	5.31%	$201.3m	881.5K	−4.2% Reduced
MSFTMicrosoft Corporation	4.79%	$181.4m	353.8K	−2.8% Reduced
AMZNAmazon	2.68%	$101.7m	408.2K	−5.2% Reduced
GOOGLAlphabet Inc. (Class A)	2.40%	$90.8m	264.0K	−5.5% Reduced
JPMJPMorgan Chase	2.20%	$83.3m	251.7K	−4.5% Reduced
AVGOBroadcom	1.88%	$71.3m	203.1K	−4.8% Reduced
METAMeta Platforms	1.88%	$71.1m	98.1K	−3.0% Reduced
CVXChevron Corporation	1.41%	$53.3m	261.0K	−5.3% Reduced
CSCOCisco	1.37%	$51.9m	482.0K	−5.6% Reduced
VVisa Inc.	1.32%	$50.0m	139.0K	−4.5% Reduced
JNJJohnson & Johnson	1.19%	$45.3m	170.9K	−4.1% Reduced
ABBVAbbVie	1.07%	$40.8m	155.8K	−5.2% Reduced
PANWPalo Alto Networks	0.98%	$37.3m	93.9K	−5.1% Reduced
RTXRTX Corporation	0.97%	$36.8m	198.0K	−4.8% Reduced
PGProcter & Gamble	0.92%	$34.9m	240.1K	−5.8% Reduced
TMOThermo Fisher Scientific	0.90%	$34.3m	50.8K	−2.6% Reduced
WMTWalmart	0.90%	$34.0m	327.4K	−3.6% Reduced
HDThe Home Depot	0.88%	$33.4m	117.2K	+0.4%
AMPAmeriprise Financial	0.86%	$32.6m	66.2K	−3.2% Reduced
CATCaterpillar Inc.	0.85%	$32.3m	39.8K	−6.3% Reduced
BACBank of America	0.84%	$32.0m	588.4K	−5.1% Reduced
LLYLilly (Eli)	0.81%	$30.7m	26.6K	−2.7% Reduced
MCDMcDonald's	0.77%	$29.2m	126.4K	+0.1%
CBChubb Limited	0.77%	$29.0m	89.2K	−3.7% Reduced
XOMExxonMobil	0.67%	$25.4m	156.1K	New
ECLEcolab	0.66%	$25.1m	91.5K	−1.9% Reduced
BKNGBooking Holdings	0.61%	$23.2m	142.4K	−1.6% Reduced
NEENextEra Energy	0.58%	$22.1m	292.1K	−1.6% Reduced
ORLYO'Reilly Automotive	0.57%	$21.6m	252.5K	−4.3% Reduced
ETNEaton Corporation	0.56%	$21.3m	49.6K	+1.6% Added
VZVerizon	0.56%	$21.2m	461.3K	0.0%
LECOLincoln Electric Holdings Inc	0.56%	$21.0m	79.5K	−3.7% Reduced
MRKMerck & Co.	0.54%	$20.4m	140.4K	−6.9% Reduced
PEPPepsiCo	0.50%	$18.9m	149.5K	+1.8% Added
SYKStryker Corporation	0.46%	$17.6m	63.9K	−3.1% Reduced
BLKBlackRock	0.43%	$16.5m	15.6K	−5.8% Reduced
TSLATesla, Inc.	0.41%	$15.5m	43.6K	+12.4% Added
UNPUnion Pacific Corporation	0.41%	$15.4m	56.5K	0.0%
VRTXVertex Pharmaceuticals	0.39%	$14.8m	28.3K	−0.1%
LHXL3Harris	0.37%	$14.2m	59.8K	−2.2% Reduced
RMDResMed\|	0.37%	$14.1m	63.6K	−2.2% Reduced
COSTCostco	0.37%	$14.0m	15.4K	−3.2% Reduced
CSLCarlisle Companies Inc	0.36%	$13.6m	42.1K	+6.1% Added
MRVLMarvell Technology	0.35%	$13.3m	50.3K	−4.7% Reduced
MDTMedtronic	0.34%	$12.9m	149.7K	+14.8% Added
NOWServiceNow	0.33%	$12.4m	92.9K	+11.9% Added
GSGoldman Sachs	0.31%	$11.8m	13.1K	−3.6% Reduced
MSMorgan Stanley	0.30%	$11.6m	61.5K	−4.0% Reduced
AMDAdvanced Micro Devices	0.30%	$11.3m	18.4K	−1.7% Reduced
LMTLockheed Martin	0.29%	$11.0m	21.6K	+1.6% Added
XYLXylem Inc.	0.28%	$10.8m	106.8K	−2.3% Reduced
CRWDCrowdStrike	0.28%	$10.8m	40.7K	+284.4% Added
VLOValero Energy	0.28%	$10.5m	27.0K	−6.2% Reduced
DHRDanaher Corporation	0.27%	$10.1m	45.4K	−2.3% Reduced
QCOMQualcomm	0.26%	$9.9m	53.6K	−2.4% Reduced
KOThe Coca-Cola Company	0.24%	$9.1m	106.0K	−0.6% Reduced
NOCNorthrop Grumman	0.23%	$8.8m	18.1K	−1.6% Reduced
WMWaste Management	0.22%	$8.4m	41.4K	−7.0% Reduced
CRMSalesforce	0.22%	$8.3m	36.1K	−0.4%
BXBlackstone Inc.	0.21%	$8.0m	71.3K	−1.8% Reduced
GEVGE Vernova	0.21%	$7.8m	8.2K	+604.7% Added
TELTE Connectivity	0.21%	$7.8m	37.0K	−1.5% Reduced
COPConocoPhillips	0.20%	$7.6m	60.8K	−2.2% Reduced
PNCPNC Financial Services	0.20%	$7.5m	33.9K	−2.3% Reduced
WCCWesco International Inc	0.20%	$7.4m	20.7K	−2.0% Reduced
EMREmerson Electric	0.19%	$7.3m	47.4K	−4.8% Reduced
CDNSCadence Design Systems Inc	0.19%	$7.1m	21.4K	+35.6% Added
REGNRegeneron Pharmaceuticals	0.18%	$7.0m	9.2K	−3.8% Reduced
HONAHoneywell Aerospace	0.18%	$6.8m	43.6K	+3.1% Added
ETREntergy	0.17%	$6.6m	66.9K	−4.5% Reduced
CMICummins	0.17%	$6.6m	12.8K	+27.6% Added
AEPAmerican Electric Power	0.17%	$6.6m	55.7K	−1.1% Reduced
WMBWilliams Companies	0.17%	$6.4m	93.8K	+1.9% Added
PLTRPalantir Technologies Inc.	0.17%	$6.3m	33.6K	−1.0% Reduced
MUMicron Technology	0.16%	$6.1m	5.7K	+29.8% Added
MOAltria	0.16%	$5.9m	87.8K	−0.5% Reduced
APDAir Products	0.15%	$5.8m	20.9K	−0.8% Reduced
PMPhilip Morris International	0.15%	$5.7m	30.1K	−0.6% Reduced
MSIMotorola Solutions	0.15%	$5.7m	12.8K	−9.2% Reduced
MCHPMicrochip Technology Inc	0.15%	$5.6m	72.5K	−3.9% Reduced
SOSouthern Company	0.15%	$5.6m	67.4K	−3.7% Reduced
ENBEnbridge Inc	0.15%	$5.6m	119.4K	−1.8% Reduced
MAMastercard	0.14%	$5.4m	9.8K	−3.3% Reduced
HONHoneywell Technologies	0.14%	$5.3m	24.9K	−41.2% Reduced
PLDPrologis	0.14%	$5.2m	40.3K	+14.5% Added
AMATApplied Materials	0.14%	$5.2m	10.2K	−5.1% Reduced
FITBFifth Third Bancorp	0.13%	$5.1m	100.5K	−0.4%
USBU.S. Bancorp	0.13%	$5.1m	87.8K	−3.6% Reduced
WCNWaste Connections, Inc.	0.13%	$4.8m	31.2K	+0.4%
ABTAbbott Laboratories	0.12%	$4.6m	46.7K	−2.1% Reduced
DLRDigital Realty	0.12%	$4.6m	26.3K	−0.4%
INTCIntel	0.12%	$4.6m	38.2K	−0.8% Reduced
DGXQuest Diagnostics	0.12%	$4.6m	19.6K	−2.7% Reduced
IBMIBM	0.12%	$4.4m	20.2K	−3.7% Reduced
SBUXStarbucks	0.12%	$4.4m	47.1K	−2.8% Reduced
DEDeere & Company	0.11%	$4.3m	6.5K	−6.6% Reduced
LRCXLam Research	0.11%	$4.3m	13.0K	+0.7% Added
SPGIS&P Global	0.11%	$4.2m	10.7K	−4.0% Reduced
ALLAllstate	0.11%	$4.1m	18.5K	−2.0% Reduced
PRUPrudential Financial	0.11%	$4.0m	35.5K	−38.9% Reduced
PAYXPaychex	0.11%	$4.0m	40.6K	−6.7% Reduced
CMECME Group	0.10%	$4.0m	15.1K	−5.2% Reduced
PFEPfizer	0.10%	$3.7m	128.3K	+10.8% Added
CGNXCognex Corp	0.09%	$3.5m	57.9K	+5143.8% Added
MARMarriott International	0.09%	$3.5m	9.9K	−4.6% Reduced
BNYBNY Mellon	0.09%	$3.5m	24.0K	−2.8% Reduced
GLWCorning Inc.	0.09%	$3.3m	21.7K	−2.9% Reduced
AMTAmerican Tower	0.09%	$3.3m	19.9K	−2.5% Reduced
NFLXNetflix	0.08%	$3.1m	44.6K	+4.0% Added
GDGeneral Dynamics	0.08%	$3.0m	9.1K	−4.1% Reduced
INGRIngredion Inc	0.08%	$3.0m	31.5K	−1.4% Reduced
SYYSysco	0.08%	$3.0m	38.2K	+0.5% Added
HBANHuntington Bancshares	0.08%	$3.0m	194.0K	−0.6% Reduced
TRPTC Energy Corp	0.08%	$2.9m	50.2K	−1.6% Reduced
MDBMongodb, Inc.	0.07%	$2.8m	8.2K	+5333.3% Added
ORCLOracle Corporation	0.07%	$2.8m	20.4K	−8.5% Reduced
TGTTarget Corporation	0.07%	$2.7m	17.2K	−26.7% Reduced
AMGNAmgen	0.07%	$2.6m	6.2K	−5.1% Reduced
DUKDuke Energy	0.07%	$2.6m	23.0K	−2.7% Reduced
FTVFortive	0.07%	$2.6m	47.6K	−0.3%
TFCTruist Financial	0.07%	$2.5m	55.0K	−1.0% Reduced
ICEIntercontinental Exchange	0.06%	$2.4m	15.8K	−21.9% Reduced
ADIAnalog Devices	0.06%	$2.4m	6.0K	−6.6% Reduced
SNASnap-on	0.06%	$2.3m	6.3K	+42.4% Added
KLACKLA Corporation	0.06%	$2.1m	11.0K	+62.2% Added
TRVThe Travelers Companies	0.05%	$2.0m	5.7K	−1.2% Reduced
AXPAmerican Express	0.05%	$2.0m	6.6K	−8.4% Reduced
ANETArista Networks	0.05%	$1.8m	9.0K	+6.4% Added
COFCapital One	0.05%	$1.8m	9.4K	−2.5% Reduced
SLBSchlumberger	0.05%	$1.8m	37.0K	+2.2% Added
WFCWells Fargo	0.05%	$1.8m	22.1K	−3.7% Reduced
HSYThe Hershey Company	0.05%	$1.7m	11.0K	+20.8% Added
GEGE Aerospace	0.04%	$1.7m	5.4K	−4.9% Reduced
TXNTexas Instruments	0.04%	$1.7m	5.9K	−2.9% Reduced
UNHUnitedHealth Group	0.04%	$1.6m	4.5K	−8.5% Reduced
ACNAccenture	0.04%	$1.6m	8.9K	−10.8% Reduced
HASHasbro	0.04%	$1.6m	18.4K	−1.8% Reduced
DISThe Walt Disney Company	0.04%	$1.6m	15.2K	−53.1% Reduced
NEMNewmont	0.04%	$1.6m	13.8K	−2.9% Reduced
UBERUber	0.04%	$1.6m	23.1K	−4.9% Reduced
MNSTMonster Beverage	0.04%	$1.5m	36.7K	+95.3% Added
CMCSAComcast	0.04%	$1.5m	67.1K	+9.5% Added
TMUST-Mobile US	0.04%	$1.4m	8.6K	−43.4% Reduced
URIUnited Rentals	0.04%	$1.3m	1.3K	+1.8% Added
LOWLowe's	0.04%	$1.3m	7.2K	−5.0% Reduced
ROPRoper Technologies	0.03%	$1.3m	3.7K	−88.3% Reduced
PSXPhillips 66	0.03%	$1.2m	4.5K	−3.6% Reduced
LINLinde plc	0.03%	$1.2m	2.4K	+10.8% Added
TJXTJX Companies	0.03%	$1.1m	8.4K	−8.0% Reduced

Company	Bought (value)	Shares
XOMExxonMobil	$25.4m	156.1K
CRWDCrowdStrike	$8.0m	30.1K
GEVGE Vernova	$6.7m	7.1K
CGNXCognex Corp	$3.4m	56.8K
MDBMongodb, Inc.	$2.8m	8.0K
CDNSCadence Design Systems Inc	$1.9m	5.6K
TSLATesla, Inc.	$1.7m	4.8K
MDTMedtronic	$1.7m	19.3K
CMICummins	$1.4m	2.8K
MUMicron Technology	$1.4m	1.3K
NOWServiceNow	$1.3m	9.9K
RACEFerrari N.V.	$882,734	2.2K
KLACKLA Corporation	$819,291	4.2K
CSLCarlisle Companies Inc	$780,940	2.4K
MNSTMonster Beverage	$746,080	17.9K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
AOSA. O. Smith	−$12.4m	−220.7K
AAPLApple Inc.	−$10.1m	−30.2K
ROPRoper Technologies	−$9.8m	−28.0K
NVDANVIDIA Corporation	−$8.8m	−38.6K
AMZNAmazon	−$5.6m	−22.6K
GOOGLAlphabet Inc. (Class A)	−$5.3m	−15.3K
MSFTMicrosoft Corporation	−$5.2m	−10.0K
JPMJPMorgan Chase	−$3.9m	−11.9K
HONHoneywell Technologies	−$3.7m	−17.4K
ADBEAdobe Inc.	−$3.6m	−15.2K
AVGOBroadcom	−$3.6m	−10.3K
CSCOCisco	−$3.1m	−28.6K
CVXChevron Corporation	−$3.0m	−14.6K
PRUPrudential Financial	−$2.6m	−22.6K
VVisa Inc.	−$2.4m	−6.6K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
MSIFMSC Income Fund, Inc.	$42,150	3.6K
STWDStarwood Property Trust, Inc.	$29,484	1.8K
GBDCGolub Capital BDC, Inc.	$24,472	1.9K
SNDASonida Senior Living, Inc.	$23,093	566
EQPTEquipmentshare.com Inc	$11,796	600
RWTRedwood Trust Inc	$9,480	2.0K
ALMSAlumis Inc.	$7,851	279
NKTRNektar Therapeutics	$7,400	106
ITRIItron, Inc.	$6,922	80
CNOBConnectone Bancorp, Inc.	$5,819	174
OFIXOrthofix Medical Inc.	$5,338	584
GEFGreif, Inc	$5,051	54
MFAMFA Financial, Inc.	$4,845	500
PHATPhathom Pharmaceuticals, Inc.	$4,633	427
SEBSeaboard Corp	$4,464	1
BCOBrinks Co	$4,252	45
OFLXOmega Flex, Inc.	$4,049	129
LFSTLifestance Health Group, Inc.	$4,027	376
FBRTFranklin BSP Realty Trust, Inc.	$3,891	478
RLMDRelmada Therapeutics, Inc.	$3,633	525
XTIAXTI Aerospace, Inc.	$3,620	2.0K
PNTGPennant Group, Inc.	$3,510	95
KIMKimco Realty	$3,498	138
NNINelnet Inc	$3,467	26
DSGNDesign Therapeutics, Inc.	$3,458	239
WIXWix.com Ltd.	$3,267	72
CMPRCimpress plc	$3,051	30
GRCGorman Rupp Co	$2,936	32
PTCTPTC Therapeutics, Inc.	$2,855	35
FIPFtai Infrastructure Inc.	$2,770	597

Technology34.8%
Financials13.3%
Health Care10.6%
Industrials10.6%
Consumer Discretionary9.4%
Communication Services7.3%
Consumer Staples5.3%
Energy4.6%
Utilities1.8%
Materials1.5%
Real Estate0.8%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 14, 2014 to November 2, 2026	+13.7%	+13.7%	0.75	0.74	−32.0%	0.98
2018 onwardsJanuary 5, 2018 to November 2, 2026	+13.4%	+13.9%	0.64	0.66	−32.0%	0.97
Last three yearsNovember 3, 2023 to November 2, 2026	+19.2%	+21.8%	1.10	1.16	−15.6%	0.88
Last yearNovember 7, 2025 to November 2, 2026	+12.9%	+14.2%	0.86	0.84	−8.2%	0.78

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.