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Portfolio (Quarterly) Guide ↗

Watershed Asset Management, L.L.C.

· CIK 0001315926
13F Portfolio $107M AUM Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 118 New
Page 1 of 6  ·  118 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 QQQE DIREXION SHS ETF TR 116,700.0 $11.9M 11.15% NEW $102.31 +16.1%
2 VEU VANGUARD INTL EQUITY INDEX F 75,739.0 $5.6M 5.20% NEW $73.56 +12.3%
3 V VISA INC Financial Services 15,500.0 $5.4M 5.08% NEW $350.71 -6.3%
4 MSFT MICROSOFT CORP Technology 9,300.0 $4.5M 4.20% NEW $483.62 -22.7%
5 EWW ISHARES INC 53,500.0 $3.7M 3.46% NEW $69.33 +7.8%
6 BROS DUTCH BROS INC Consumer Cyclical 57,200.0 $3.5M 3.27% NEW $61.22 +10.2%
7 SPGI S&P GLOBAL INC Financial Services 6,200.0 $3.2M 3.03% NEW $522.59 -23.4%
8 TMO THERMO FISHER SCIENTIFIC INC Healthcare 5,400.0 $3.1M 2.92% NEW $579.45 -19.0%
9 MNDY MONDAY COM LTD Technology 20,750.0 $3.1M 2.86% NEW $147.56 -52.6%
10 MELI MERCADOLIBRE INC Consumer Cyclical 1,515.0 $3.1M 2.85% NEW $2014.26 -21.4%
11 WDC WESTERN DIGITAL CORP Technology 17,400.0 $3.0M 2.80% NEW $172.27 +289.4%
12 INDA ISHARES TR 50,000.0 $2.7M 2.52% NEW $54.05 -9.2%
13 SE SEA LTD Consumer Cyclical 19,480.0 $2.5M 2.32% NEW $127.57 -28.0%
14 META META PLATFORMS INC Communication Services 3,447.0 $2.3M 2.12% NEW $660.09 -14.8%
15 GTLB GITLAB INC Technology 54,000.0 $2.0M 1.89% NEW $37.53 -28.1%
16 RYN RAYONIER INC Real Estate 84,135.0 $1.8M 1.70% NEW $21.65 -2.2%
17 LITE LUMENTUM HLDGS INC Technology 4,000.0 $1.5M 1.38% NEW $368.59 +124.6%
18 WRBY WARBY PARKER INC Healthcare 44,000.0 $959K 0.90% NEW $21.79 +17.7%
19 PHIN PHINIA INC Consumer Cyclical 8,303.0 $521K 0.49% NEW $62.69 +28.4%
20 PRDO PERDOCEO ED CORP Consumer Defensive 17,163.0 $503K 0.47% NEW $29.33 +11.6%
Page 1 of 6  ·  118 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
Technology 35.5%
Financial Services 18.2%
Consumer Cyclical 16.7%
Healthcare 10.5%
Communication Services 8.1%
Industrials 4.8%
Consumer Defensive 2.7%
Real Estate 2.2%
Utilities 0.8%
Energy 0.4%