13F holdings
MML INVESTORS SERVICES, LLC portfolio
Managed by . 2,995 reported positions worth $36.1B as of 2026-03-31, filed with the SEC on 2026-05-04. Parsed from the filing itself, not a reseller.
$36.1B
Book value
2,995
Positions
16%
Top 10 weight
+197
New this quarter
-239
Exited
134 days
Age today
How old this actually is
Every position on this page is a snapshot of 2026-03-31. It was already 34 days old on 2026-05-04, the day it first became public. Today it is 134 days old.
That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.
What changed
Positions opened and closed
Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.
New positions (197)
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| BLCR | BLACKROCK ETF TRUST | $107.8M | 2,625,301 | 0.30% |
| IDEF | BLACKROCK ETF TRUST | $96.7M | 2,956,001 | 0.27% |
| LMUB | ISHARES TR | $59.3M | 1,187,412 | 0.16% |
| AZN | ASTRAZENECA PLC | $27.6M | 140,117 | 0.08% |
| BKGI | BNY MELLON ETF TRUST | $8.0M | 180,241 | 0.02% |
| BLCV | BLACKROCK ETF TRUST | $7.9M | 218,703 | 0.02% |
| EUHY | ISHARES INC | $6.9M | 132,035 | 0.02% |
| HARD | SIMPLIFY EXCHANGE TRADED FUN | $6.3M | 177,393 | 0.02% |
| MFSI | MFS ACTIVE EXCHANGE TRADED F | $6.0M | 203,363 | 0.02% |
| ALLW | SSGA ACTIVE TR | $5.8M | 200,116 | 0.02% |
| DDFD | INNOVATOR ETFS TRUST | $5.7M | 302,303 | 0.02% |
| AMRZ | AMRIZE LTD | $4.7M | 84,588 | 0.01% |
| AMCR | AMCOR PLC | $3.6M | 89,726 | 0.01% |
| AIS | TIDAL TRUST III | $3.3M | 79,436 | 0.01% |
| GL | GLOBE LIFE INC | $3.3M | 23,675 | 0.01% |
| XAGG | MORGAN STANLEY ETF TRUST | $2.9M | 58,419 | 0.01% |
| PJP | INVESCO EXCHANGE TRADED FD T | $2.9M | 27,534 | 0.01% |
| PAYR | FEDERATED HERMES ETF TRUST | $2.8M | 53,007 | 0.01% |
| GSSC | GOLDMAN SACHS ETF TR | $2.5M | 34,002 | 0.01% |
| NIHI | NEOS ETF TRUST | $2.5M | 51,832 | 0.01% |
| NYT | NEW YORK TIMES CO MTN BE | $2.5M | 29,963 | 0.01% |
| PIPR | PIPER SANDLER COMPANIES | $2.4M | 31,565 | 0.01% |
| BMOP | BNY MELLON ETF TRUST II | $2.1M | 86,971 | 0.01% |
| PNFP | PINNACLE FINL PARTNERS INC | $2.1M | 24,798 | 0.01% |
| TAXX | BONDBLOXX ETF TRUST | $2.1M | 41,921 | 0.01% |
Closed out (239)
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| AZNN | ASTRAZENECA PLC | $28.1M | 305,636 | 0.00% |
| BLACKROCK ETF TRUST | BLACKROCK ETF TRUST | $9.3M | 247,916 | 0.00% |
| GLIN | VANECK ETF TRUST | $5.3M | 115,019 | 0.00% |
| OGIG | ALPS ETF TR | $5.2M | 99,137 | 0.00% |
| SMOT | VANECK ETF TRUST | $5.1M | 139,784 | 0.00% |
| AVDL | AVADEL PHARMACEUTICALS PLC | $4.7M | 217,573 | 0.00% |
| EVSD | MORGAN STANLEY ETF TRUST | $4.6M | 90,267 | 0.00% |
| CYBR | CYBERARK SOFTWARE LTD | $4.0M | 8,994 | 0.00% |
| AMCR | AMCOR PLC | $3.4M | 411,939 | 0.00% |
| 62C | PIPER SANDLER COMPANIES | $3.2M | 9,474 | 0.00% |
| AXTA | AXALTA COATING SYS LTD | $2.8M | 86,308 | 0.00% |
| PINNACLE FINL PARTNERS I | PINNACLE FINL PARTNERS INC | $2.5M | 26,684 | 0.00% |
| EXK | EXACT SCIENCES CORP | $2.1M | 21,011 | 0.00% |
| QGEN | QIAGEN NV | $2.1M | 46,185 | 0.00% |
| XDIAX | NUVEEN DOW 30 DYNMC OVERWRT | $2.1M | 135,848 | 0.00% |
| INOV | INNOVATOR ETFS TRUST | $2.0M | 56,597 | 0.00% |
| BUFG | FIRST TR EXCHNG TRADED FD VI | $1.9M | 70,650 | 0.00% |
| USVN | RBB FD INC | $1.9M | 39,960 | 0.00% |
| FLR | FLUOR CORP NEW | $1.9M | 47,908 | 0.00% |
| CPNG | COUPANG INC | $1.5M | 63,871 | 0.00% |
| AI | C3 AI INC | $1.5M | 108,509 | 0.00% |
| CRMD | CORMEDIX INC | $1.4M | 120,264 | 0.00% |
| PSN | PARSONS CORP DEL | $1.4M | 22,537 | 0.00% |
| CAIE | CALAMOS ETF TR | $1.3M | 46,786 | 0.00% |
| GLXY | GALAXY DIGITAL INC. | $1.2M | 55,586 | 0.00% |
Added to (735)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORPORATION | $677.0M | 3,881,649 | 1.88% | +2% |
| EFG | ISHARES TR | $171.7M | 1,541,314 | 0.48% | +295% |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | $150.8M | 314,685 | 0.42% | +3% |
| GOVT | ISHARES TR | $142.5M | 6,218,729 | 0.40% | +151% |
| RSP | INVESCO EXCHANGE TRADED FD T | $138.5M | 721,889 | 0.38% | +49% |
| SPYG | SPDR SERIES TRUST | $109.7M | 1,120,507 | 0.30% | +1% |
| NFLX | NETFLIX INC. | $108.6M | 1,129,069 | 0.30% | +3% |
| SPDW | SPDR INDEX SHS FDS | $98.3M | 2,154,387 | 0.27% | +19% |
| IWY | ISHARES TR | $98.1M | 394,279 | 0.27% | +3% |
| RTX | RTX CORPORATION | $86.9M | 450,284 | 0.24% | +8% |
| XLE | SELECT SECTOR SPDR TR | $82.7M | 1,349,399 | 0.23% | +9% |
| PG | PROCTER & GAMBLE CO | $68.5M | 474,063 | 0.19% | +3% |
| SPYV | SPDR SERIES TRUST | $68.1M | 1,203,318 | 0.19% | +16% |
| IEF | ISHARES TR | $62.3M | 652,522 | 0.17% | +18% |
| SGOV | ISHARES TR | $61.9M | 615,394 | 0.17% | +11% |
Trimmed (1921)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| OEF | ISHARES TR | $15.0M | 47,137 | 0.04% | -95% |
| PNR | PENTAIR PLC | $410,235 | 4,709 | 0.00% | -91% |
| EMB | ISHARES TR | $4.1M | 43,325 | 0.01% | -91% |
| IEO | ISHARES TR | $590,556 | 4,728 | 0.00% | -90% |
| KMX | CARMAX INC | $1.4M | 33,902 | 0.00% | -88% |
| KVUE | KENVUE INC | $1.3M | 73,660 | 0.00% | -88% |
| IYC | ISHARES TR | $5.2M | 53,606 | 0.01% | -87% |
| GPI | GROUP 1 AUTOMOTIVE INC | $220,782 | 668 | 0.00% | -87% |
| WIT | WIPRO LTD | $53,569 | 25,268 | 0.00% | -87% |
| FIGS | FIGS INC | $309,535 | 20,957 | 0.00% | -86% |
| NJUN | INNOVATOR ETFS TRUST | $315,712 | 10,094 | 0.00% | -86% |
| OCTW | AIM ETF PRODUCTS TRUST | $507,900 | 13,203 | 0.00% | -85% |
| EWG | ISHARES INC | $372,477 | 9,389 | 0.00% | -84% |
| DEO | DIAGEO PLC | $2.3M | 30,570 | 0.01% | -83% |
| QMNV | FIRST TR EXCHNG TRADED FD VI | $1.6M | 69,492 | 0.00% | -83% |
The book
Largest 150 of 2,995 holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| IVV | ISHARES TR | $1.2B | 1,822,421 | 3.30% | — |
| NVDA | NVIDIA CORPORATION | $677.0M | 3,881,649 | 1.88% | — |
| AAPL | APPLE INC | $652.4M | 2,570,695 | 1.81% | — |
| MSFT | MICROSOFT CORP | $498.7M | 1,347,117 | 1.38% | — |
| VEA | VANGUARD TAX-MANAGED FDS | $487.0M | 7,600,217 | 1.35% | — |
| AMZN | AMAZON COM INC | $442.6M | 2,125,246 | 1.23% | — |
| QQQ | INVESCO QQQ TR | $436.9M | 756,926 | 1.21% | — |
| IEMG | ISHARES INC | $434.0M | 6,222,866 | 1.20% | — |
| DYNF | BLACKROCK ETF TRUST | $421.1M | 7,237,106 | 1.17% | — |
| VOO | VANGUARD INDEX FDS | $406.0M | 679,381 | 1.13% | — |
| SPY | STATE STR SPDR S&P 500 ETF T | $398.8M | 613,228 | 1.11% | — |
| IVW | ISHARES TR | $377.3M | 3,335,976 | 1.05% | — |
| GOOGL | ALPHABET INC | $367.8M | 1,279,205 | 1.02% | — |
| IEFA | ISHARES TR | $364.0M | 4,020,374 | 1.01% | — |
| IVE | ISHARES TR | $363.4M | 1,721,079 | 1.01% | — |
| IUSB | ISHARES TR | $335.6M | 7,265,228 | 0.93% | — |
| EFV | ISHARES TR | $292.7M | 3,937,150 | 0.81% | — |
| VUG | VANGUARD INDEX FDS | $289.6M | 663,015 | 0.80% | — |
| QUAL | ISHARES TR | $271.9M | 1,417,664 | 0.75% | — |
| SCHG | SCHWAB STRATEGIC TR | $264.2M | 9,069,139 | 0.73% | — |
| META | META PLATFORMS INC | $258.9M | 452,507 | 0.72% | — |
| BDYN | BLACKROCK ETF TRUST | $252.3M | 10,378,702 | 0.70% | — |
| JPM | JPMORGAN CHASE & CO | $233.9M | 795,261 | 0.65% | — |
| VTV | VANGUARD INDEX FDS | $230.2M | 1,173,261 | 0.64% | — |
| FELG | FIDELITY COVINGTON TRUST | $229.4M | 6,118,699 | 0.64% | — |
| DGRO | ISHARES TR | $219.1M | 3,122,246 | 0.61% | — |
| MUB | ISHARES TR | $206.7M | 1,947,693 | 0.57% | — |
| AVGO | BROADCOM INC | $204.3M | 659,935 | 0.57% | — |
| IWF | ISHARES TR | $196.0M | 459,566 | 0.54% | — |
| IJH | ISHARES TR | $195.6M | 2,896,473 | 0.54% | — |
| BND | VANGUARD BD INDEX FDS | $194.7M | 2,644,586 | 0.54% | — |
| GOOG | ALPHABET INC | $183.3M | 639,018 | 0.51% | — |
| CGDV | CAPITAL GROUP DIVIDEND VALUE | $181.7M | 4,271,791 | 0.50% | — |
| BAI | BLACKROCK ETF TRUST | $172.4M | 5,232,572 | 0.48% | — |
| EFG | ISHARES TR | $171.7M | 1,541,314 | 0.48% | — |
| SCHD | SCHWAB STRATEGIC TR | $164.7M | 5,368,583 | 0.46% | — |
| XLF | SELECT SECTOR SPDR TR | $161.6M | 3,272,285 | 0.45% | — |
| THRO | BLACKROCK ETF TRUST | $161.5M | 4,457,803 | 0.45% | — |
| VWO | VANGUARD INTL EQUITY INDEX F | $157.5M | 2,913,486 | 0.44% | — |
| JEPI | J P MORGAN EXCHANGE TRADED F | $155.4M | 2,741,652 | 0.43% | — |
| SPYM | SPDR SERIES TRUST | $155.2M | 2,028,092 | 0.43% | — |
| XLK | SELECT SECTOR SPDR TR | $151.9M | 1,143,014 | 0.42% | — |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | $150.8M | 314,685 | 0.42% | — |
| MTUM | ISHARES TR | $150.2M | 626,007 | 0.42% | — |
| IJR | ISHARES TR | $150.1M | 1,207,467 | 0.42% | — |
| GLD | SPDR GOLD TR | $148.4M | 344,770 | 0.41% | — |
| AVEM | AMERICAN CENTY ETF TR | $147.7M | 1,833,494 | 0.41% | — |
| VTI | VANGUARD INDEX FDS | $146.2M | 455,873 | 0.41% | — |
| BDVL | BLACKROCK ETF TRUST | $145.5M | 5,901,423 | 0.40% | — |
| GOVT | ISHARES TR | $142.5M | 6,218,729 | 0.40% | — |
| LLY | ELI LILLY & CO | $139.1M | 151,246 | 0.39% | — |
| BINC | BLACKROCK ETF TRUST II | $138.7M | 2,670,558 | 0.38% | — |
| RSP | INVESCO EXCHANGE TRADED FD T | $138.5M | 721,889 | 0.38% | — |
| TLH | ISHARES TR | $137.4M | 1,364,327 | 0.38% | — |
| AGG | ISHARES TR | $134.9M | 1,359,041 | 0.37% | — |
| MBB | ISHARES TR | $134.1M | 1,412,423 | 0.37% | — |
| TSLA | TESLA INC | $131.6M | 353,885 | 0.36% | — |
| JIRE | J P MORGAN EXCHANGE TRADED F | $130.9M | 1,728,779 | 0.36% | — |
| CGGR | CAPITAL GROUP GROWTH ETF | $129.1M | 3,212,572 | 0.36% | — |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | $127.1M | 376,221 | 0.35% | — |
| V | VISA INC | $126.8M | 419,490 | 0.35% | — |
| WMT | WALMART INC | $125.4M | 1,009,285 | 0.35% | — |
| ABBV | ABBVIE INC | $120.0M | 551,567 | 0.33% | — |
| EXMOC | EXXON MOBIL CORP | $118.0M | 695,664 | 0.33% | — |
| COST | COSTCO WHOLESALE CORPORATION | $116.6M | 116,974 | 0.32% | — |
| CGUS | CAPITAL GROUP CORE EQUITY ET | $113.7M | 2,960,209 | 0.32% | — |
| SPYG | SPDR SERIES TRUST | $109.7M | 1,120,507 | 0.30% | — |
| NFLX | NETFLIX INC. | $108.6M | 1,129,069 | 0.30% | — |
| LQD | ISHARES TR | $108.5M | 995,764 | 0.30% | — |
| BLCR | BLACKROCK ETF TRUST | $107.8M | 2,625,301 | 0.30% | — |
| VIG | VANGUARD SPECIALIZED FUNDS | $106.1M | 493,250 | 0.29% | — |
| XLI | SELECT SECTOR SPDR TR | $103.8M | 641,894 | 0.29% | — |
| CVX | CHEVRON CORPORATION | $101.8M | 492,077 | 0.28% | — |
| BUFR | FIRST TR EXCHNG TRADED FD VI | $101.4M | 3,002,233 | 0.28% | — |
| IAU | ISHARES GOLD TR | $99.8M | 1,131,583 | 0.28% | — |
| SMH | VANECK ETF TRUST | $99.2M | 258,729 | 0.28% | — |
| VBK | VANGUARD INDEX FDS | $99.1M | 327,717 | 0.27% | — |
| FBND | FIDELITY MERRIMACK STR TR | $98.5M | 2,159,388 | 0.27% | — |
| SPDW | SPDR INDEX SHS FDS | $98.3M | 2,154,387 | 0.27% | — |
| VB | VANGUARD INDEX FDS | $98.3M | 375,337 | 0.27% | — |
| IWY | ISHARES TR | $98.1M | 394,279 | 0.27% | — |
| IDEF | BLACKROCK ETF TRUST | $96.7M | 2,956,001 | 0.27% | — |
| VO | VANGUARD INDEX FDS | $96.3M | 335,502 | 0.27% | — |
| CGGO | CAPITAL GROUP GBL GROWTH EQT | $94.0M | 2,816,834 | 0.26% | — |
| QQQM | INVESCO EXCH TRADED FD TR II | $92.9M | 390,837 | 0.26% | — |
| RDVY | FIRST TR EXCHANGE TRADED FD | $92.7M | 1,357,751 | 0.26% | — |
| HD | HOME DEPOT INC | $88.8M | 270,080 | 0.25% | — |
| PM | PHILIP MORRIS INTL INC | $88.4M | 534,689 | 0.25% | — |
| CAT | CATERPILLAR INC | $87.5M | 123,525 | 0.24% | — |
| RTX | RTX CORPORATION | $86.9M | 450,284 | 0.24% | — |
| COWZ | PACER FDS TR | $85.9M | 1,372,593 | 0.24% | — |
| IWD | ISHARES TR | $85.7M | 401,072 | 0.24% | — |
| IGSB | ISHARES TR | $83.9M | 1,596,473 | 0.23% | — |
| XLE | SELECT SECTOR SPDR TR | $82.7M | 1,349,399 | 0.23% | — |
| MTBA | SIMPLIFY EXCHANGE TRADED FUN | $80.7M | 1,631,854 | 0.22% | — |
| BNDX | VANGUARD CHARLOTTE FDS | $80.3M | 1,671,795 | 0.22% | — |
| MA | MASTERCARD INCORPORATED | $77.4M | 154,951 | 0.21% | — |
| VYM | VANGUARD WHITEHALL FDS | $77.4M | 522,526 | 0.21% | — |
| VV | VANGUARD INDEX FDS | $76.9M | 257,442 | 0.21% | — |
| IEUR | ISHARES TR | $76.1M | 1,083,579 | 0.21% | — |
| SPHY | SPDR SERIES TRUST | $75.2M | 3,222,719 | 0.21% | — |
| IAGG | ISHARES TR | $74.3M | 1,484,389 | 0.21% | — |
| CSCO | CISCO SYS INC | $74.2M | 956,310 | 0.21% | — |
| ITA | ISHARES TR | $73.1M | 334,192 | 0.20% | — |
| PLTR | PALANTIR TECHNOLOGIES INC | $72.8M | 497,533 | 0.20% | — |
| MS | MORGAN STANLEY | $71.8M | 436,384 | 0.20% | — |
| VZ | VERIZON COMMUNICATIONS INC | $70.9M | 1,412,971 | 0.20% | — |
| GS | GOLDMAN SACHS GROUP INC | $69.3M | 81,915 | 0.19% | — |
| JNJ | JOHNSON & JOHNSON | $68.9M | 281,666 | 0.19% | — |
| PG | PROCTER & GAMBLE CO | $68.5M | 474,063 | 0.19% | — |
| ACWX | ISHARES TR | $68.2M | 995,401 | 0.19% | — |
| SPYV | SPDR SERIES TRUST | $68.1M | 1,203,318 | 0.19% | — |
| JBND | J P MORGAN EXCHANGE TRADED F | $67.5M | 1,254,973 | 0.19% | — |
| JEPQ | J P MORGAN EXCHANGE TRADED F | $66.0M | 1,187,871 | 0.18% | — |
| SCHF | SCHWAB STRATEGIC TR | $65.7M | 2,656,034 | 0.18% | — |
| AMGN | AMGEN INC | $65.1M | 184,939 | 0.18% | — |
| EFA | ISHARES TR | $64.5M | 664,234 | 0.18% | — |
| AMAT | APPLIED MATLS INC | $64.4M | 188,302 | 0.18% | — |
| ITOT | ISHARES TR | $64.3M | 451,482 | 0.18% | — |
| BSV | VANGUARD BD INDEX FDS | $64.3M | 820,049 | 0.18% | — |
| IEF | ISHARES TR | $62.3M | 652,522 | 0.17% | — |
| SGOV | ISHARES TR | $61.9M | 615,394 | 0.17% | — |
| SPHQ | INVESCO EXCHANGE TRADED FD T | $61.9M | 823,056 | 0.17% | — |
| IWB | ISHARES TR | $60.6M | 169,884 | 0.17% | — |
| VEU | VANGUARD INTL EQUITY INDEX F | $60.2M | 801,535 | 0.17% | — |
| LMUB | ISHARES TR | $59.3M | 1,187,412 | 0.16% | — |
| NEE | NEXTERA ENERGY INC | $57.9M | 623,770 | 0.16% | — |
| ASML | ASML HLDG NV | $56.5M | 42,782 | 0.16% | — |
| VGT | VANGUARD WORLD FD | $56.1M | 80,400 | 0.16% | — |
| CGMU | CAPITAL GRP FIXED INCM ETF T | $56.0M | 2,060,914 | 0.16% | — |
| CGDG | CAPITAL GROUP DIVIDEND GROWE | $55.5M | 1,545,603 | 0.15% | — |
| SOXX | ISHARES TR | $55.3M | 168,220 | 0.15% | — |
| CGCP | CAPITAL GRP FIXED INCM ETF T | $54.3M | 2,432,159 | 0.15% | — |
| SLV | ISHARES SILVER TR | $54.2M | 795,313 | 0.15% | — |
| SPMO | INVESCO EXCH TRADED FD TR II | $54.1M | 482,823 | 0.15% | — |
| SCHW | SCHWAB CHARLES CORP | $54.0M | 575,017 | 0.15% | — |
| SDVY | FIRST TR EXCHANGE TRADED FD | $53.9M | 1,368,052 | 0.15% | — |
| XLV | SELECT SECTOR SPDR TR | $53.3M | 363,690 | 0.15% | — |
| IQLT | ISHARES TR | $53.0M | 1,147,002 | 0.15% | — |
| VXUS | VANGUARD STAR FDS | $52.9M | 685,730 | 0.15% | — |
| BLK | BLACKROCK INC | $52.8M | 54,918 | 0.15% | — |
| ETN | EATON CORP PLC | $52.6M | 147,025 | 0.15% | — |
| UBER | UBER TECHNOLOGIES INC | $52.2M | 725,473 | 0.14% | — |
| T | AT&T INC | $52.1M | 1,796,246 | 0.14% | — |
| SDY | SPDR SERIES TRUST | $51.4M | 351,909 | 0.14% | — |
| FBCG | FIDELITY COVINGTON TRUST | $51.2M | 1,022,358 | 0.14% | — |
| PLD | PROLOGIS INC. | $50.5M | 382,107 | 0.14% | — |
| BIL | SPDR SERIES TRUST | $50.4M | 550,043 | 0.14% | — |
| DUK | DUKE ENERGY CORP NEW | $50.2M | 383,697 | 0.14% | — |
| XMMO | INVESCO EXCHANGE TRADED FD T | $50.2M | 346,064 | 0.14% | — |
This table is the 150 largest positions by value, out of 2,995 reported. The search box only searches what is on this page — a name absent from it may still be in the filing further down the book. The full info table is here.
Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.
Read the original
This page was built from one document: the 2026-03-31 Form 13F info table filed by MML INVESTORS SERVICES, LLC (CIK 701059, accession 0000701059-26-000012). Every other 13F site is reading the same file.
If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager
What a 13F cannot show you
A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:
- No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
- No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
- No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
- Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
- Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.
Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test
Free · no spam
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.