Triad Investment Management
CIK 0001615717
Annualised vol
11.130644%
Beta
0.501251
HHI
401.319285
Top-10 weight
51.994939%
VaR 95%
0.992452%
VaR 99%
2.023812%
Max drawdown
22.06124%
Matched value
70.99599%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| NVR | NEW | 871 | - | - | 5,933,790 |
| GOOGL | REDUCED | 14,879 | 20,031 | -25.72% | 5,257,197 |
| V | ADDED | 15,189 | 14,321 | 6.06% | 5,211,187 |
| MAX | ADDED | 368,731 | 333,864 | 10.44% | 4,634,949 |
| CDW | ADDED | 30,540 | 25,384 | 20.31% | 4,295,078 |
| ROP | REDUCED | 12,358 | 13,786 | -10.36% | 4,181,903 |
| BRO | REDUCED | 64,611 | 70,885 | -8.85% | 4,144,798 |
| IT | ADDED | 30,530 | 23,602 | 29.35% | 3,957,339 |
| FISV | ADDED | 71,706 | 52,011 | 37.87% | 3,517,179 |
| HEI | REDUCED | 11,702 | 12,126 | -3.5% | 3,018,063 |
| MAC | REDUCED | 106,916 | 206,916 | -48.33% | 2,693,214 |
| MSFT | ADDED | 6,635 | 1,139 | 482.53% | 2,474,988 |
| SPGI | ADDED | 5,857 | 3,632 | 61.26% | 2,385,322 |
| INTU | ADDED | 8,559 | 6,138 | 39.44% | 2,233,899 |
| HTGC | ADDED | 125,009 | 104,563 | 19.55% | 1,971,398 |
| SLRC | ADDED | 152,053 | 125,814 | 20.86% | 1,880,901 |
| NXPI | REDUCED | 6,552 | 12,164 | -46.14% | 1,841,309 |
| AXP | UNCHANGED | 4,296 | 4,296 | 0.0% | 1,453,122 |
| OCSL | REDUCED | 88,563 | 197,330 | -55.12% | 1,057,443 |
| WSO | UNCHANGED | 2,445 | 2,445 | 0.0% | 1,018,905 |
| JNJ | REDUCED | 2,415 | 3,015 | -19.9% | 613,338 |
| ARCC | REDUCED | 19,474 | 29,458 | -33.89% | 360,853 |
| CBRE | REDUCED | 1,852 | 2,352 | -21.26% | 249,446 |
| WBD | CLOSED OUT | 0 | 12,009 | -100.0% | 0 |
| MRK | CLOSED OUT | 0 | 2,225 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| NVR | NEW | NVR INC | COM | 62944T105 | 5,933,790 | 6.54 | 871.0 |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL C | 02079K107 | 5,257,197 | 5.8 | 14879.0 |
| V | ADDED | VISA INC | COM CL A | 92826C839 | 5,211,187 | 5.75 | 15189.0 |
| - | WHITE MTNS INS GROUP LTD | COM | G9618E107 | 5,122,932 | 5.65 | 2471.0 | |
| MAX | ADDED | MEDIAALPHA INC | CL A | 58450V104 | 4,634,949 | 5.11 | 368731.0 |
| - | ASML HLDG NV | N Y REGISTRY SHS | N07059210 | 4,414,567 | 4.87 | 2219.0 | |
| CDW | ADDED | CDW CORP | COM | 12514G108 | 4,295,078 | 4.74 | 30540.0 |
| ROP | REDUCED | ROPER TECHNOLOGIES INC | COM | 776696106 | 4,181,903 | 4.61 | 12358.0 |
| BRO | REDUCED | BROWN & BROWN INC | COM | 115236101 | 4,144,798 | 4.57 | 64611.0 |
| IT | ADDED | GARTNER INC | COM | 366651107 | 3,957,339 | 4.36 | 30530.0 |
| - | THOR INDS INC | COM | 885160101 | 3,900,815 | 4.3 | 51900.0 | |
| FISV | ADDED | FISERV INC | COM | 337738108 | 3,517,179 | 3.88 | 71706.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 3,168,469 | 3.49 | 6332.0 | |
| HEI | REDUCED | HEICO CORP NEW | CL A | 422806208 | 3,018,063 | 3.33 | 11702.0 |
| MAC | REDUCED | MACERICH CO | COM | 554382101 | 2,693,214 | 2.97 | 106916.0 |
| MSFT | ADDED | MICROSOFT CORP | COM | 594918104 | 2,474,988 | 2.73 | 6635.0 |
| SPGI | ADDED | S&P GLOBAL INC | COM | 78409V104 | 2,385,322 | 2.63 | 5857.0 |
| INTU | ADDED | INTUIT | COM | 461202103 | 2,233,899 | 2.46 | 8559.0 |
| - | BLACKROCK ETF TRUST II | ISHA FLEX IN ETF | 092528603 | 2,079,887 | 2.29 | 39738.0 | |
| - | VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 | 2,067,042 | 2.28 | 35516.0 | |
| - | ARCH CAP GROUP LTD | ORD | G0450A105 | 2,030,010 | 2.24 | 20915.0 | |
| HTGC | ADDED | HERCULES CAPITAL INC | COM | 427096508 | 1,971,398 | 2.17 | 125009.0 |
| - | PROFESIONALLY MANAGED PORTFO | AKRE FOCUS ETF | 74316P579 | 1,946,009 | 2.15 | 36586.0 | |
| SLRC | ADDED | SLR INVESTMENT CORP | COM | 83413U100 | 1,880,901 | 2.07 | 152053.0 |
| NXPI | REDUCED | NXP SEMICONDUCTORS N V | COM | N6596X109 | 1,841,309 | 2.03 | 6552.0 |
| AXP | UNCHANGED | AMERICAN EXPRESS CO | COM | 025816109 | 1,453,122 | 1.6 | 4296.0 |
| OCSL | REDUCED | OAKTREE SPECIALTY LENDING | COM | 67401P405 | 1,057,443 | 1.17 | 88563.0 |
| WSO | UNCHANGED | WATSCO INC | COM | 942622200 | 1,018,905 | 1.12 | 2445.0 |
| - | LISTED FDS TR | HORI KI INFL ETF | 53656F623 | 959,741 | 1.06 | 19241.0 | |
| JNJ | REDUCED | JOHNSON & JOHNSON | COM | 478160104 | 613,338 | 0.68 | 2415.0 |
| - | SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 | 372,248 | 0.41 | 12602.0 | |
| ARCC | REDUCED | ARES CAPITAL CORP | COM | 04010L103 | 360,853 | 0.4 | 19474.0 |
| CBRE | REDUCED | CBRE GROUP INC | CL A | 12504L109 | 249,446 | 0.28 | 1852.0 |
| - | SIXTH STREET SPECIALTY LENDI | COM | 83012A109 | 241,754 | 0.27 | 14080.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-21 | 90,689,095 | 34 | 11.130644 | 0.501251 | 22.06124 |
| 2026-03-31 | 2026-05-08 | 84,687,023 | 36 | 9.720317 | 0.439682 | 18.81296 |
| 2025-12-31 | 2026-01-16 | 98,732,449 | 36 | 11.132374 | 0.469466 | 20.580434 |