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Portfolio (Quarterly) Guide ↗

Gem Investment Advisors, LLC

· CIK 0001580018
13F Portfolio $102M AUM 35 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 5 New 3 Added 9 Reduced 2 Exited
Page 2 of 2  ·  35 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 STHO STAR HLDGS Real Estate 118,382.0 $896K 0.88% -16K -11.7% $7.57 +10.7%
22 DRTS ALPHA TAU MEDICAL LTD Healthcare 113,736.0 $804K 0.79% -32K -22.0% $7.07 +47.2%
23 COUR COURSERA INC Consumer Defensive 129,943.0 $756K 0.74% NEW $5.82 -12.5%
24 SEG SEAPORT ENTMT GROUP INC Real Estate 29,738.0 $639K 0.63% -9K -22.6% $21.48 +7.7%
25 AD ARRAY DIGITAL INFRASTRUCTURE Communication Services 7,439.0 $343K 0.34% $46.14 +8.4%
26 BERKSHIRE HATHAWAY INC DEL 623.0 $299K 0.29% -176.0 -22.0% $479.20
27 SWIM LATHAM GROUP INC Industrials 54,078.0 $290K 0.29% $5.37 -8.6%
28 ATEX ANTERIX INC Communication Services 7,183.0 $274K 0.27% NEW $38.19 +49.4%
29 DRVN DRIVEN BRANDS HLDGS INC Consumer Cyclical 19,133.0 $241K 0.24% $12.61 -0.6%
30 FTRE FORTREA HLDGS INC Healthcare 18,297.0 $172K 0.17% NEW $9.42 +51.2%
31 TDAY USA TODAY CO INC Communication Services 22,632.0 $160K 0.16% $7.05 +3.1%
32 FPH FIVE POINT HOLDINGS LLC Real Estate 13,574.0 $66K 0.07% $4.84 +0.6%
33 ACTG ACACIA RESH CORP Industrials 11,250.0 $54K 0.05% $4.81 -4.8%
34 ENTX ENTERA BIO LTD Healthcare 19,135.0 $21K 0.02% $1.11 +13.5%
35 QDEL CALL QUIDELORTHO CORP Healthcare 5,300.0 $8K 0.01% $1.50 +659.3%
Page 2 of 2  ·  35 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
Healthcare 27.7%
Consumer Cyclical 18.6%
Financial Services 17.1%
Real Estate 6.7%
Basic Materials 6.5%
Industrials 6.2%
Consumer Defensive 6.2%
Technology 4.5%
Utilities 4.5%
Energy 1.3%