13F holdings
UNITED CAPITAL FINANCIAL ADVISORS, LLC portfolio
Managed by . 1,623 reported positions worth $16.2B as of 2026-03-31, filed with the SEC on 2026-05-15. Parsed from the filing itself, not a reseller.
$16.2B
Book value
1,623
Positions
30%
Top 10 weight
+307
New this quarter
-43
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 45 days old on 2026-05-15, 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 (307)
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| BLCR | BLACKROCK ETF TRUST | $35.5M | 864,341 | 0.22% |
| IDEF | BLACKROCK ETF TRUST | $34.9M | 1,070,854 | 0.22% |
| NAVN | NAVAN INC | $8.2M | 617,564 | 0.05% |
| BSY | BENTLEY SYS INC | $4.7M | 132,885 | 0.03% |
| DPZ | DOMINOS PIZZA INC | $4.0M | 11,281 | 0.02% |
| AZN | ASTRAZENECA PLC | $3.4M | 16,987 | 0.02% |
| GDXJ | VANECK ETF TRUST | $2.7M | 22,553 | 0.02% |
| CORP | PIMCO ETF TR | $1.4M | 14,661 | 0.01% |
| XME | SPDR SERIES TRUST | $1.4M | 12,556 | 0.01% |
| BMRC | BANK OF MARIN BANCORP | $1.3M | 50,942 | 0.01% |
| HYS | PIMCO ETF TR | $1.2M | 13,187 | 0.01% |
| IGF | ISHARES TR | $1.2M | 17,959 | 0.01% |
| DMXF | ISHARES TR | $1.2M | 15,872 | 0.01% |
| AVEM | AMERICAN CENTY ETF TR | $1.1M | 14,262 | 0.01% |
| SPOK | SPOK HLDGS INC | $1.1M | 104,723 | 0.01% |
| CBUS | CIBUS INC | $1.1M | 576,043 | 0.01% |
| ALSN | ALLISON TRANSMISSION HLDGS I | $920,634 | 7,865 | 0.01% |
| SILJ | AMPLIFY ETF TR | $917,989 | 30,973 | 0.01% |
| FIVE | FIVE BELOW INC | $862,072 | 3,773 | 0.01% |
| URA | GLOBAL X FDS | $859,003 | 17,737 | 0.01% |
| TNL | TRAVEL PLUS LEISURE CO | $839,919 | 12,139 | 0.01% |
| KNRG | SIMPLIFY EXCHANGE TRADED FUN | $817,242 | 32,193 | 0.01% |
| PMBS | PIMCO ETF TR | $802,312 | 16,185 | 0.00% |
| SNX | TD SYNNEX CORPORATION | $757,002 | 4,487 | 0.00% |
| KHC | KRAFT HEINZ CO | $752,978 | 33,481 | 0.00% |
Closed out (43)
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| AZNN | ASTRAZENECA PLC SPONSORED ADR | $2.8M | 30,829 | 0.00% |
| LQDH | ISHARES INTEREST RATE HEDGED CORPO | $2.4M | 25,463 | 0.00% |
| PEN | PENUMBRA, INC. | $1.2M | 3,959 | 0.00% |
| CMA | COMERICA INCORPORATED | $1.2M | 13,783 | 0.00% |
| CYBR | CYBERARK SOFTWARE LTD. | $1.1M | 2,506 | 0.00% |
| XRLV | INVESCO S&P 500 EX-RATE SNSV LOWVO | $1.1M | 19,838 | 0.00% |
| OLLI | OLLIE'S BARGAIN OUTLET HOLDINGS IN | $979,365 | 8,935 | 0.00% |
| IGLB | ISHARES 10 YEAR INVESTMENT GRADE C | $906,712 | 17,972 | 0.00% |
| HLI | HOULIHAN LOKEY, INC. CLASS A | $871,298 | 5,002 | 0.00% |
| CRDO | CREDO TECHNOLOGY GROUP HOLDING LTD | $777,438 | 5,403 | 0.00% |
| DSGX | DESCARTES SYSTEMS GROUP INC. | $771,057 | 8,796 | 0.00% |
| BAH | BOOZ ALLEN HAMILTON HOLDING CORPOR | $508,606 | 6,029 | 0.00% |
| AOM | ISHARES CORE 40/60 MODERATE ALLOCA | $465,606 | 9,755 | 0.00% |
| AUBN | AUBURN NATIONAL BANCORP INC | $423,762 | 15,724 | 0.00% |
| PINNACLE FINANCIAL PARTN | PINNACLE FINANCIAL PARTNERS, INC. | $420,472 | 4,407 | 0.00% |
| MBCN | MIDDLEFIELD BANC CORP. | $404,118 | 11,700 | 0.00% |
| SE | SEA LIMITED SPONSORED ADR CLASS A | $313,586 | 2,458 | 0.00% |
| DFEB | FT VEST U.S. EQUITY DEEP BUFFER ET | $310,190 | 6,500 | 0.00% |
| HLAL | WAHED FTSE USA SHARIAH ETF | $308,227 | 4,969 | 0.00% |
| DAY | DAYFORCE, INC. | $299,463 | 4,330 | 0.00% |
| EXK | EXACT SCIENCES CORPORATION | $290,766 | 2,863 | 0.00% |
| KRC | KILROY REALTY CORPORATION | $284,722 | 7,619 | 0.00% |
| TEAM | ATLASSIAN CORP CLASS A | $284,069 | 1,752 | 0.00% |
| CUZ | COUSINS PROPERTIES INCORPORATED | $282,873 | 10,973 | 0.00% |
| GIL | GILDAN ACTIVEWEAR INC. | $274,829 | 4,400 | 0.00% |
Added to (754)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| IVV | ISHARES TR | $888.2M | 1,359,535 | 5.48% | +7% |
| IEFA | ISHARES TR | $456.8M | 5,062,078 | 2.82% | +2% |
| NVDA | NVIDIA CORPORATION | $373.6M | 2,141,958 | 2.30% | +9% |
| MSFT | MICROSOFT CORP | $286.7M | 774,509 | 1.77% | +2% |
| BIV | VANGUARD BD INDEX FDS | $285.1M | 3,697,194 | 1.76% | +4% |
| VUG | VANGUARD INDEX FDS | $242.2M | 554,536 | 1.49% | +2% |
| GOVT | ISHARES TR | $227.5M | 9,932,883 | 1.40% | +31% |
| IUSB | ISHARES TR | $189.5M | 4,101,187 | 1.17% | +3% |
| MBB | ISHARES TR | $135.2M | 1,422,567 | 0.83% | +5% |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | $128.4M | 267,985 | 0.79% | +1% |
| IVW | ISHARES TR | $125.1M | 1,105,695 | 0.77% | +2% |
| PYLD | PIMCO ETF TR | $120.5M | 4,591,369 | 0.74% | +69% |
| QUAL | ISHARES TR | $118.8M | 619,423 | 0.73% | +7% |
| GBND | GOLDMAN SACHS ETF TR | $87.5M | 1,732,174 | 0.54% | +85% |
| SPMD | SPDR SERIES TRUST | $84.9M | 1,434,068 | 0.52% | +12% |
Trimmed (396)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| ITA | ISHARES TR | $1.0M | 4,627 | 0.01% | -96% |
| HYG | ISHARES TR | $708,291 | 8,926 | 0.00% | -94% |
| MORN | MORNINGSTAR INC | $256,847 | 1,519 | 0.00% | -93% |
| OEF | ISHARES TR | $9.1M | 28,615 | 0.06% | -90% |
| AMCR | AMCOR PLC | $320,345 | 8,059 | 0.00% | -89% |
| WDAY | WORKDAY INC | $525,656 | 4,046 | 0.00% | -88% |
| JNK | SPDR SERIES TRUST | $6.6M | 68,722 | 0.04% | -87% |
| EMB | ISHARES TR | $2.2M | 23,571 | 0.01% | -87% |
| CHKP | CHECK POINT SOFTWARE TECH LT | $462,630 | 3,239 | 0.00% | -86% |
| CR | CRANE COMPANY | $203,661 | 1,191 | 0.00% | -80% |
| CW | CURTISS WRIGHT CORP | $488,364 | 717 | 0.00% | -74% |
| NVT | NVENT ELEC PLC | $514,737 | 4,352 | 0.00% | -70% |
| STIP | ISHARES TR | $502,577 | 4,863 | 0.00% | -68% |
| FGDL | FRANKLIN TEMPLETON HOLDINGS | $233,758 | 3,760 | 0.00% | -67% |
| TOST | TOAST INC | $361,808 | 13,648 | 0.00% | -67% |
The book
Largest 150 of 1,623 holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| VOO | VANGUARD INDEX FDS | $961.8M | 1,608,662 | 5.93% | — |
| IVV | ISHARES TR | $888.2M | 1,359,535 | 5.48% | — |
| SPY | STATE STR SPDR S&P 500 ETF T | $497.1M | 764,294 | 3.06% | — |
| IEFA | ISHARES TR | $456.8M | 5,062,078 | 2.82% | — |
| AAPL | APPLE INC | $447.3M | 1,762,553 | 2.76% | — |
| NVDA | NVIDIA CORPORATION | $373.6M | 2,141,958 | 2.30% | — |
| RGEN | REPLIGEN CORP | $326.8M | 2,773,980 | 2.02% | — |
| MSFT | MICROSOFT CORP | $286.7M | 774,509 | 1.77% | — |
| BIV | VANGUARD BD INDEX FDS | $285.1M | 3,697,194 | 1.76% | — |
| VTV | VANGUARD INDEX FDS | $281.4M | 1,433,905 | 1.73% | — |
| IEMG | ISHARES INC | $251.8M | 3,609,503 | 1.55% | — |
| VUG | VANGUARD INDEX FDS | $242.2M | 554,536 | 1.49% | — |
| GOOGL | ALPHABET INC | $227.5M | 791,050 | 1.40% | — |
| GOVT | ISHARES TR | $227.5M | 9,932,883 | 1.40% | — |
| IUSB | ISHARES TR | $189.5M | 4,101,187 | 1.17% | — |
| SHDG | ADVISOR MANAGED PORTFOLIOS | $152.3M | 4,957,240 | 0.94% | — |
| BSV | VANGUARD BD INDEX FDS | $150.7M | 1,922,954 | 0.93% | — |
| GOOG | ALPHABET INC | $145.9M | 508,570 | 0.90% | — |
| IJR | ISHARES TR | $145.0M | 1,166,626 | 0.89% | — |
| HEFA | ISHARES TR | $142.3M | 3,344,417 | 0.88% | — |
| AMZN | AMAZON COM INC | $139.6M | 670,394 | 0.86% | — |
| IVE | ISHARES TR | $139.5M | 660,573 | 0.86% | — |
| MBB | ISHARES TR | $135.2M | 1,422,567 | 0.83% | — |
| QQQ | INVESCO QQQ TR | $134.8M | 233,511 | 0.83% | — |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | $128.4M | 267,985 | 0.79% | — |
| IVW | ISHARES TR | $125.1M | 1,105,695 | 0.77% | — |
| PYLD | PIMCO ETF TR | $120.5M | 4,591,369 | 0.74% | — |
| QUAL | ISHARES TR | $118.8M | 619,423 | 0.73% | — |
| DBEF | DBX ETF TR | $113.3M | 2,292,868 | 0.70% | — |
| JPM | JPMORGAN CHASE & CO | $109.1M | 370,760 | 0.67% | — |
| DYNF | BLACKROCK ETF TRUST | $102.0M | 1,752,856 | 0.63% | — |
| IGIB | ISHARES TR | $99.1M | 1,865,467 | 0.61% | — |
| JNJ | JOHNSON & JOHNSON | $89.5M | 366,322 | 0.55% | — |
| META | META PLATFORMS INC | $89.2M | 155,967 | 0.55% | — |
| GBND | GOLDMAN SACHS ETF TR | $87.5M | 1,732,174 | 0.54% | — |
| SPMD | SPDR SERIES TRUST | $84.9M | 1,434,068 | 0.52% | — |
| SCHG | SCHWAB STRATEGIC TR | $84.7M | 2,907,132 | 0.52% | — |
| V | VISA INC | $84.6M | 279,914 | 0.52% | — |
| EFV | ISHARES TR | $84.4M | 1,137,189 | 0.52% | — |
| COST | COSTCO WHOLESALE CORPORATION | $80.4M | 80,677 | 0.50% | — |
| AGG | ISHARES TR | $78.1M | 786,743 | 0.48% | — |
| AVGO | BROADCOM INC | $72.2M | 233,277 | 0.45% | — |
| SHM | SPDR SERIES TRUST | $67.9M | 1,419,516 | 0.42% | — |
| MUB | ISHARES TR | $65.1M | 613,660 | 0.40% | — |
| JPST | J P MORGAN EXCHANGE TRADED F | $63.2M | 1,249,816 | 0.39% | — |
| ASML | ASML HLDG NV | $62.9M | 47,608 | 0.39% | — |
| DIS | DISNEY WALT CO | $61.5M | 638,550 | 0.38% | — |
| MOAT | VANECK ETF TRUST | $59.1M | 611,351 | 0.36% | — |
| CSCO | CISCO SYS INC | $59.1M | 762,038 | 0.36% | — |
| SCHF | SCHWAB STRATEGIC TR | $58.9M | 2,381,566 | 0.36% | — |
| VBR | VANGUARD INDEX FDS | $58.9M | 271,341 | 0.36% | — |
| SCHD | SCHWAB STRATEGIC TR | $58.6M | 1,912,047 | 0.36% | — |
| IYW | ISHARES TR | $58.0M | 319,444 | 0.36% | — |
| TLH | ISHARES TR | $57.8M | 574,363 | 0.36% | — |
| LLY | ELI LILLY & CO | $55.7M | 60,590 | 0.34% | — |
| ABBV | ABBVIE INC | $55.5M | 255,395 | 0.34% | — |
| EFG | ISHARES TR | $54.6M | 490,483 | 0.34% | — |
| VNQ | VANGUARD INDEX FDS | $53.7M | 605,036 | 0.33% | — |
| CVX | CHEVRON CORPORATION | $53.4M | 258,043 | 0.33% | — |
| MTUM | ISHARES TR | $51.5M | 214,260 | 0.32% | — |
| PG | PROCTER & GAMBLE CO | $51.3M | 355,010 | 0.32% | — |
| EXMOC | EXXON MOBIL CORP | $50.5M | 297,404 | 0.31% | — |
| SBUX | STARBUCKS CORP | $50.3M | 561,518 | 0.31% | — |
| BAI | BLACKROCK ETF TRUST | $49.7M | 1,516,138 | 0.31% | — |
| SCHV | SCHWAB STRATEGIC TR | $49.6M | 1,625,488 | 0.31% | — |
| SCHX | SCHWAB STRATEGIC TR | $47.8M | 1,861,938 | 0.29% | — |
| HD | HOME DEPOT INC | $46.4M | 141,165 | 0.29% | — |
| IAGG | ISHARES TR | $46.0M | 922,432 | 0.28% | — |
| BINC | BLACKROCK ETF TRUST II | $45.9M | 884,009 | 0.28% | — |
| THRO | BLACKROCK ETF TRUST | $45.6M | 1,258,967 | 0.28% | — |
| MDT | MEDTRONIC PLC | $45.3M | 522,544 | 0.28% | — |
| QCOM | QUALCOMM INC | $44.5M | 345,188 | 0.27% | — |
| VBK | VANGUARD INDEX FDS | $43.2M | 142,837 | 0.27% | — |
| IBTG | ISHARES TR | $42.6M | 1,859,979 | 0.26% | — |
| PEP | PEPSICO INC | $42.1M | 271,146 | 0.26% | — |
| TSLA | TESLA INC | $41.8M | 112,543 | 0.26% | — |
| IWF | ISHARES TR | $41.0M | 96,222 | 0.25% | — |
| RTX | RTX CORPORATION | $40.6M | 210,449 | 0.25% | — |
| VTI | VANGUARD INDEX FDS | $39.8M | 124,054 | 0.25% | — |
| WMT | WALMART INC | $39.0M | 313,778 | 0.24% | — |
| NVO | NOVO-NORDISK A S | $38.7M | 1,052,622 | 0.24% | — |
| AXP | AMERICAN EXPRESS CO | $38.6M | 127,713 | 0.24% | — |
| GSIE | GOLDMAN SACHS ETF TR | $38.6M | 894,547 | 0.24% | — |
| TSM | TAIWAN SEMICONDUCTOR MANUFAC | $37.0M | 109,388 | 0.23% | — |
| ISRG | INTUITIVE SURGICAL INC | $36.7M | 79,662 | 0.23% | — |
| IJH | ISHARES TR | $36.1M | 535,062 | 0.22% | — |
| LOW | LOWES COS INC | $35.9M | 151,886 | 0.22% | — |
| BLCR | BLACKROCK ETF TRUST | $35.5M | 864,341 | 0.22% | — |
| COWZ | PACER FDS TR | $35.2M | 562,577 | 0.22% | — |
| UL | UNILEVER PLC | $35.2M | 617,579 | 0.22% | — |
| NFLX | NETFLIX INC. | $35.0M | 364,105 | 0.22% | — |
| IDEF | BLACKROCK ETF TRUST | $34.9M | 1,070,854 | 0.22% | — |
| GIGL | GOLDMAN SACHS ETF TR | $34.2M | 681,103 | 0.21% | — |
| HONGBP | HONEYWELL INTL INC | $33.5M | 148,076 | 0.21% | — |
| VNQI | VANGUARD INTL EQUITY INDEX F | $33.3M | 752,462 | 0.21% | — |
| IBTH | ISHARES TR | $33.2M | 1,481,203 | 0.20% | — |
| SPGI | S&P GLOBAL INC | $33.1M | 77,782 | 0.20% | — |
| SPSM | SPDR SERIES TRUST | $32.7M | 677,379 | 0.20% | — |
| VEU | VANGUARD INTL EQUITY INDEX F | $32.7M | 435,838 | 0.20% | — |
| MA | MASTERCARD INCORPORATED | $32.1M | 64,313 | 0.20% | — |
| GEV | GE VERNOVA INC | $32.1M | 36,788 | 0.20% | — |
| ORCL | ORACLE CORP | $31.7M | 215,402 | 0.20% | — |
| AMGN | AMGEN INC | $31.6M | 89,829 | 0.19% | — |
| CAT | CATERPILLAR INC | $31.4M | 44,369 | 0.19% | — |
| XLG | INVESCO EXCHANGE TRADED FD T | $31.2M | 570,840 | 0.19% | — |
| GS | GOLDMAN SACHS GROUP INC | $31.0M | 36,647 | 0.19% | — |
| VB | VANGUARD INDEX FDS | $30.7M | 117,447 | 0.19% | — |
| GTIP | GOLDMAN SACHS ETF TR | $30.6M | 620,337 | 0.19% | — |
| GD | GENERAL DYNAMICS CORP | $30.1M | 87,586 | 0.19% | — |
| HELO | J P MORGAN EXCHANGE TRADED F | $28.7M | 448,851 | 0.18% | — |
| DE | DEERE & CO | $28.7M | 50,983 | 0.18% | — |
| ACN | ACCENTURE PLC IRELAND | $28.7M | 144,634 | 0.18% | — |
| SGOV | ISHARES TR | $27.7M | 275,531 | 0.17% | — |
| IGSB | ISHARES TR | $27.0M | 514,896 | 0.17% | — |
| GE | GE AEROSPACE | $26.7M | 93,973 | 0.16% | — |
| IUSG | ISHARES TR | $26.4M | 170,474 | 0.16% | — |
| IBTI | ISHARES TR | $26.3M | 1,181,634 | 0.16% | — |
| PH | PARKER-HANNIFIN CORP | $26.2M | 29,305 | 0.16% | — |
| IBTJ | ISHARES TR | $26.1M | 1,197,930 | 0.16% | — |
| SDY | SPDR SERIES TRUST | $25.8M | 176,671 | 0.16% | — |
| APH | AMPHENOL CORP | $25.6M | 202,620 | 0.16% | — |
| VEA | VANGUARD TAX-MANAGED FDS | $25.2M | 394,895 | 0.16% | — |
| ETN | EATON CORP PLC | $24.7M | 69,104 | 0.15% | — |
| IBTK | ISHARES TR | $24.4M | 1,236,306 | 0.15% | — |
| TMO | THERMO FISHER SCIENTIFIC INC | $24.2M | 49,291 | 0.15% | — |
| CRM | SALESFORCE INC | $24.1M | 129,326 | 0.15% | — |
| VV | VANGUARD INDEX FDS | $24.1M | 80,520 | 0.15% | — |
| GEM | GOLDMAN SACHS ETF TR | $23.9M | 553,237 | 0.15% | — |
| ITOT | ISHARES TR | $23.3M | 163,823 | 0.14% | — |
| TMUS | T-MOBILE US INC | $22.7M | 108,098 | 0.14% | — |
| ITW | ILLINOIS TOOL WKS INC | $22.5M | 86,378 | 0.14% | — |
| KKR | KKR & CO INC | $22.3M | 241,478 | 0.14% | — |
| DGRO | ISHARES TR | $22.3M | 317,552 | 0.14% | — |
| QQQM | INVESCO EXCH TRADED FD TR II | $22.1M | 92,843 | 0.14% | — |
| XLK | SELECT SECTOR SPDR TR | $21.8M | 164,251 | 0.13% | — |
| IWD | ISHARES TR | $21.5M | 100,679 | 0.13% | — |
| HYMB | SPDR SERIES TRUST | $21.5M | 865,607 | 0.13% | — |
| NOW | SERVICENOW INC | $21.4M | 204,654 | 0.13% | — |
| SMH | VANECK ETF TRUST | $21.3M | 55,575 | 0.13% | — |
| FLOT | ISHARES TR | $20.8M | 407,590 | 0.13% | — |
| GILD | GILEAD SCIENCES INC | $20.2M | 144,688 | 0.12% | — |
| SCHB | SCHWAB STRATEGIC TR | $20.2M | 802,522 | 0.12% | — |
| ABT | ABBOTT LABORATORIES | $20.1M | 195,878 | 0.12% | — |
| SCMB | SCHWAB STRATEGIC TR | $19.9M | 779,851 | 0.12% | — |
| IJS | ISHARES TR | $19.8M | 166,774 | 0.12% | — |
| IWM | ISHARES TR | $19.7M | 79,388 | 0.12% | — |
| AMD | ADVANCED MICRO DEVICES INC | $19.5M | 95,885 | 0.12% | — |
| BND | VANGUARD BD INDEX FDS | $19.4M | 263,301 | 0.12% | — |
| WAB | WABTEC | $19.3M | 77,231 | 0.12% | — |
| IJT | ISHARES TR | $18.7M | 129,080 | 0.12% | — |
This table is the 150 largest positions by value, out of 1,623 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.
This manager also disclosed 9 options positions with a combined notional of $40.9M. Notional is not ownership, so it is excluded from the book value above rather than folded in to make the fund look bigger.
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 UNITED CAPITAL FINANCIAL ADVISORS, LLC (CIK 1463217, accession 0001463217-26-000002). 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.