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Portfolio (Quarterly) Guide ↗

SCS Capital Management LLC

· CIK 0001303159
13F Portfolio $9.4B AUM 493 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 21 New 126 Added 179 Reduced 39 Exited
Page 12 of 25  ·  493 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 XLE SELECT SECTOR SPDR TR 42,037.0 $1.9M 0.02% +21K +100.5% $44.71 +33.1%
222 MA MASTERCARD INCORPORATED Financial Services 3,232.0 $1.8M 0.02% -897.0 -21.7% $570.90 -12.7%
223 PNC PNC FINL SVCS GROUP INC Financial Services 8,682.0 $1.8M 0.02% +172.0 +2.0% $208.72 +5.0%
224 WFC WELLS FARGO CO NEW Financial Services 19,303.0 $1.8M 0.02% +2K +13.7% $93.20 -18.0%
225 DAL DELTA AIR LINES INC DEL Industrials 25,498.0 $1.8M 0.02% -12K -32.7% $69.40 +9.7%
226 ET ENERGY TRANSFER L P Energy 107,285.0 $1.8M 0.02% +6K +6.2% $16.49 +21.7%
227 VXUS VANGUARD STAR FDS 22,529.0 $1.7M 0.02% -2K -8.9% $75.44 +12.0%
228 VCSH VANGUARD SCOTTSDALE FDS 21,234.0 $1.7M 0.02% $79.73 -1.1%
229 FSK FS KKR CAP CORP Financial Services 114,154.0 $1.7M 0.02% -350K -75.4% $14.81 -27.2%
230 XLF SELECT SECTOR SPDR TR 30,693.0 $1.7M 0.02% $54.77 -5.2%
231 MGK VANGUARD WORLD FD 4,049.0 $1.7M 0.02% $412.78 -78.4%
232 TORTOISE CAPITAL SERIES TRUS 179,450.0 $1.6M 0.02% +19K +11.5% $9.16
233 CL COLGATE PALMOLIVE CO Consumer Defensive 20,751.0 $1.6M 0.02% -530.0 -2.5% $79.02 +14.7%
234 NVGS NAVIGATOR HLDGS LTD Energy 93,940.0 $1.6M 0.02% $17.32 +33.5%
235 MCD MCDONALDS CORP Consumer Cyclical 5,311.0 $1.6M 0.02% -2K -25.4% $305.61 -7.6%
236 ADI ANALOG DEVICES INC Technology 5,913.0 $1.6M 0.02% $271.20 +46.4%
237 COP CONOCOPHILLIPS Energy 16,965.0 $1.6M 0.02% +170.0 +1.0% $93.61 +28.7%
238 UPST UPSTART HLDGS INC Financial Services 35,140.0 $1.5M 0.02% $43.73 -34.7%
239 SCZ ISHARES TR 19,486.0 $1.5M 0.02% -463.0 -2.3% $77.53 +9.8%
240 UNH UNITEDHEALTH GROUP INC Healthcare 4,495.0 $1.5M 0.02% -322.0 -6.7% $330.10 +17.7%
Page 12 of 25  ·  493 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 41.4%
Technology 14.8%
Healthcare 9.3%
Consumer Cyclical 7.3%
Industrials 6.9%
Communication Services 6.1%
Consumer Defensive 5.2%
Energy 4.2%
Real Estate 2.4%
Basic Materials 1.9%