Phraction Management LLC
CIK 0001907803
Annualised vol
9.316336%
Beta
0.448671
HHI
1110.331669
Top-10 weight
63.565904%
VaR 95%
0.917915%
VaR 99%
1.780788%
Max drawdown
15.244367%
Matched value
45.806885%
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 ($) |
|---|---|---|---|---|---|
| GOOGL | REDUCED | 121,743 | 147,062 | -17.22% | 43,325,960 |
| AMZN | ADDED | 145,203 | 143,428 | 1.24% | 34,607,683 |
| MSFT | REDUCED | 62,618 | 62,928 | -0.49% | 23,357,766 |
| ADI | REDUCED | 47,530 | 76,630 | -37.97% | 18,877,490 |
| TMO | ADDED | 34,535 | 32,445 | 6.44% | 17,314,468 |
| ENTG | REDUCED | 95,964 | 106,464 | -9.86% | 17,260,085 |
| LIN | REDUCED | 24,156 | 24,170 | -0.06% | 12,535,515 |
| TDG | ADDED | 7,754 | 7,665 | 1.16% | 10,328,638 |
| V | ADDED | 29,298 | 29,157 | 0.48% | 10,051,851 |
| RTX | REDUCED | 50,960 | 57,260 | -11.0% | 9,668,641 |
| META | ADDED | 15,964 | 6,386 | 149.98% | 8,992,362 |
| SPGI | REDUCED | 21,505 | 26,071 | -17.51% | 8,758,126 |
| TDY | UNCHANGED | 11,944 | 11,944 | 0.0% | 7,965,454 |
| BDX | ADDED | 46,448 | 46,348 | 0.22% | 7,028,976 |
| HON | REDUCED | 30,832 | 61,008 | -49.46% | 6,903,285 |
| LRCX | REDUCED | 15,774 | 21,974 | -28.22% | 6,835,347 |
| HONA | NEW | 30,821 | - | - | 6,813,907 |
| SNPS | ADDED | 14,316 | 13,787 | 3.84% | 6,385,938 |
| PM | REDUCED | 25,004 | 26,369 | -5.18% | 4,523,474 |
| IBIT | UNCHANGED | 75,200 | 75,200 | 0.0% | 2,503,408 |
| PEP | UNCHANGED | 14,666 | 14,666 | 0.0% | 1,985,776 |
| MKTW | REDUCED | 92,316 | 98,316 | -6.1% | 1,646,917 |
| NVDA | UNCHANGED | 8,000 | 8,000 | 0.0% | 1,600,720 |
| BSX | REDUCED | 36,558 | 36,608 | -0.14% | 1,560,295 |
| ETN | UNCHANGED | 3,238 | 3,238 | 0.0% | 1,379,777 |
| AAPL | UNCHANGED | 3,499 | 3,499 | 0.0% | 1,012,471 |
| HD | UNCHANGED | 1,235 | 1,235 | 0.0% | 435,560 |
| SGHC | UNCHANGED | 30,031 | 30,031 | 0.0% | 406,920 |
| AVGO | UNCHANGED | 1,000 | 1,000 | 0.0% | 377,750 |
| MARA | UNCHANGED | 25,000 | 25,000 | 0.0% | 347,250 |
| REGN | UNCHANGED | 367 | 367 | 0.0% | 228,839 |
| FE | REDUCED | 4,405 | 4,580 | -3.82% | 209,414 |
| SUIG | UNCHANGED | 32,060 | 32,060 | 0.0% | 37,190 |
| GUTS | UNCHANGED | 41,000 | 41,000 | 0.0% | 32,570 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 181,465,110 | 30.47 | 243000.0 | |
| AMZN | ADDED | AMAZON COM INC | COM | 023135106 | 34,607,683 | 5.81 | 145203.0 |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL A | 02079K305 | 27,466,743 | 4.61 | 76858.0 |
| - | ASML HLDG NV | N Y REGISTRY SHS | N07059210 | 26,881,313 | 4.51 | 13512.0 | |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 23,357,766 | 3.92 | 62618.0 |
| ADI | REDUCED | ANALOG DEVICES INC | COM | 032654105 | 18,877,490 | 3.17 | 47530.0 |
| TMO | ADDED | THERMO FISHER SCIENTIFIC INC | COM | 883556102 | 17,314,468 | 2.91 | 34535.0 |
| ENTG | REDUCED | ENTEGRIS INC | COM | 29362U104 | 17,260,085 | 2.9 | 95964.0 |
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL C | 02079K107 | 15,859,217 | 2.66 | 44885.0 |
| - | APPLIED MATLS INC | COM | 038222105 | 15,467,862 | 2.6 | 21394.0 | |
| - | BANK OF AMER CORP | 7.25%CNV PFD L | 060505682 | 15,252,211 | 2.56 | 12158.0 | |
| - | DANAHER CORP DEL | COM | 235851102 | 13,154,358 | 2.21 | 69059.0 | |
| LIN | REDUCED | LINDE PLC | SHS | G54950103 | 12,535,515 | 2.1 | 24156.0 |
| TDG | ADDED | TRANSDIGM GROUP INC | COM | 893641100 | 10,328,638 | 1.73 | 7754.0 |
| V | ADDED | VISA INC | COM CL A | 92826C839 | 10,051,851 | 1.69 | 29298.0 |
| RTX | REDUCED | RTX CORPORATION | COM | 75513E101 | 9,668,641 | 1.62 | 50960.0 |
| - | BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 9,319,764 | 1.56 | 18625.0 | |
| META | ADDED | META PLATFORMS INC | CL A | 30303M102 | 8,992,362 | 1.51 | 15964.0 |
| - | SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 | 8,763,389 | 1.47 | 290467.0 | |
| SPGI | REDUCED | S&P GLOBAL INC | COM | 78409V104 | 8,758,126 | 1.47 | 21505.0 |
| - | WILLIAMS COS INC | COM | 969457100 | 8,049,164 | 1.35 | 108275.0 | |
| TDY | UNCHANGED | TELEDYNE TECHNOLOGIES INC | COM | 879360105 | 7,965,454 | 1.34 | 11944.0 |
| - | TEXAS INSTRS INC | COM | 882508104 | 7,793,338 | 1.31 | 26146.0 | |
| - | WELLS FARGO & CO | PERP PFD CNV A | 949746804 | 7,545,954 | 1.27 | 6522.0 | |
| BDX | ADDED | BECTON DICKINSON & CO | COM | 075887109 | 7,028,976 | 1.18 | 46448.0 |
| HON | REDUCED | HONEYWELL INTL INC | COM | 438516205 | 6,903,285 | 1.16 | 30832.0 |
| LRCX | REDUCED | LAM RESEARCH CORP | COM NEW | 512807306 | 6,835,347 | 1.15 | 15774.0 |
| HONA | NEW | HONEYWELL AEROSPACE INC | COM | 43849R105 | 6,813,907 | 1.14 | 30821.0 |
| SNPS | ADDED | SYNOPSYS INC | COM | 871607107 | 6,385,938 | 1.07 | 14316.0 |
| - | BANK OF AMER CORP | COM | 060505104 | 5,460,678 | 0.92 | 95835.0 | |
| - | INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | 4,619,703 | 0.78 | 37525.0 | |
| PM | REDUCED | PHILIP MORRIS INTL INC | COM | 718172109 | 4,523,474 | 0.76 | 25004.0 |
| - | FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 | 4,360,939 | 0.73 | 18375.0 | |
| IBIT | UNCHANGED | ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | 2,503,408 | 0.42 | 75200.0 |
| PEP | UNCHANGED | PEPSICO INC | COM | 713448108 | 1,985,776 | 0.33 | 14666.0 |
| MKTW | REDUCED | MARKETWISE INC | COM NEW CL A | 57064P206 | 1,646,917 | 0.28 | 92316.0 |
| NVDA | UNCHANGED | NVIDIA CORPORATION | COM | 67066G104 | 1,600,720 | 0.27 | 8000.0 |
| BSX | REDUCED | BOSTON SCIENTIFIC CORP | COM | 101137107 | 1,560,295 | 0.26 | 36558.0 |
| ETN | UNCHANGED | EATON CORP PLC | SHS | G29183103 | 1,379,777 | 0.23 | 3238.0 |
| - | BROOKFIELD CORP | CL A LTD VT SH | 11271J107 | 1,285,025 | 0.22 | 30172.0 | |
| - | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 46137V357 | 1,201,725 | 0.2 | 5648.0 | |
| - | VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | 1,038,947 | 0.17 | 13770.0 | |
| AAPL | UNCHANGED | APPLE INC | COM | 037833100 | 1,012,471 | 0.17 | 3499.0 |
| - | VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | 1,010,193 | 0.17 | 12062.0 | |
| - | VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 | 945,516 | 0.16 | 9095.0 | |
| - | INVESCO EXCHANGE TRADED FD T | S&P 500 GARP ETF | 46137V431 | 820,566 | 0.14 | 6710.0 | |
| - | ENERGY TRANSFER L P | 9.250% FXD PFD I | 29273V704 | 819,512 | 0.14 | 71510.0 | |
| - | ENTERPRISE PRODS PARTNERS L | COM | 293792107 | 816,403 | 0.14 | 22209.0 | |
| - | STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 787,096 | 0.13 | 1054.0 | |
| - | DBX ETF TR | XTRACK HRVST CSI | 233051879 | 645,583 | 0.11 | 17610.0 | |
| - | ISHARES TR | U.S. MED DVC ETF | 464288810 | 548,006 | 0.09 | 11091.0 | |
| - | ISHARES TR | MSCI INDIA ETF | 46429B598 | 503,580 | 0.08 | 10196.0 | |
| - | FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 | 491,776 | 0.08 | 3845.0 | |
| HD | UNCHANGED | HOME DEPOT INC | COM | 437076102 | 435,560 | 0.07 | 1235.0 |
| SGHC | UNCHANGED | SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 | 406,920 | 0.07 | 30031.0 |
| AVGO | UNCHANGED | BROADCOM INC | COM | 11135F101 | 377,750 | 0.06 | 1000.0 |
| MARA | UNCHANGED | MARA HOLDINGS INC | COM | 565788106 | 347,250 | 0.06 | 25000.0 |
| - | PROSHARES TR | S&P 500 DV ARIST | 74348A467 | 329,659 | 0.06 | 5870.0 | |
| - | INVESCO QQQ TR | UNIT SER 1 | 46090E103 | 312,970 | 0.05 | 425.0 | |
| - | NORTHROP GRUMMAN CORP | COM | 666807102 | 308,133 | 0.05 | 605.0 | |
| REGN | UNCHANGED | REGENERON PHARMACEUTICALS | COM | 75886F107 | 228,839 | 0.04 | 367.0 |
| - | SPDR SERIES TRUST | ST STR BLO 1 ETF | 78468R663 | 218,378 | 0.04 | 2383.0 | |
| FE | REDUCED | FIRSTENERGY CORP | COM | 337932107 | 209,414 | 0.04 | 4405.0 |
| SUIG | UNCHANGED | SUI GROUP HOLDINGS LIMITED | COM NEW | 59982U200 | 37,190 | 0.01 | 32060.0 |
| GUTS | UNCHANGED | FRACTYL HEALTH INC | COM | 35168W103 | 32,570 | 0.01 | 41000.0 |
| - | SPLASH BEVERAGE GROUP INC | COM SHS | 84862C302 | 19,165 | 0.0 | 123648.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-07-20 | 595,535,839 | 66 | 9.316336 | 0.448671 | 15.244367 |
| 2026-03-31 | 2026-04-24 | 482,877,398 | 65 | 10.826955 | 0.521488 | 16.614511 |
| 2025-12-31 | 2026-01-26 | 375,286,247 | 67 | 13.368368 | 0.644856 | 20.448814 |
| 2025-09-30 | 2025-10-09 | 346,478,881 | 66 | 13.383115 | 0.64753 | 20.32792 |
| 2025-03-31 | 2025-04-28 | 298,575,042 | 74 | 12.407025 | 0.59863 | 20.280468 |
| 2024-12-31 | 2025-01-29 | 285,233,011 | 71 | 12.726898 | 0.614567 | 20.383729 |