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Portfolio (Quarterly) Guide ↗

Invariant Investment Management

· CIK 0001850871
13F Portfolio $171M AUM 68 positions Filed Jul 8, 2026 EDGAR ↗ ← All Funds
Q2 2026 · All 68 New
Page 2 of 4  ·  68 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MA MASTERCARD INCORPORATED Financial Services 2,033.0 $1.1M 0.64% NEW $533.02 +11.7%
22 NVDA NVIDIA CORPORATION Technology 5,535.0 $1.1M 0.64% NEW $195.53 +11.3%
23 ADBE ADOBE INC Technology 4,934.0 $1.1M 0.63% NEW $218.07 +33.7%
24 MCK MCKESSON CORP Healthcare 1,345.0 $1.1M 0.62% NEW $783.98 +14.0%
25 CL COLGATE PALMOLIVE CO Consumer Defensive 10,974.0 $1.0M 0.60% NEW $93.39 -2.8%
26 EQT EQT CORP Energy 18,434.0 $953K 0.56% NEW $51.71 +5.5%
27 DPZ DOMINOS PIZZA INC Consumer Cyclical 3,008.0 $920K 0.54% NEW $305.95 +14.4%
28 EOG EOG RES INC Energy 6,832.0 $884K 0.52% NEW $129.39 +10.8%
29 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 10,216.0 $861K 0.51% NEW $84.24 +5.1%
30 BIL SPDR SERIES TRUST 9,375.0 $857K 0.50% NEW $91.43 +0.2%
31 NTAP NETAPP INC Technology 5,155.0 $843K 0.49% NEW $163.56 +14.3%
32 ULTA ULTA BEAUTY INC Consumer Cyclical 1,790.0 $810K 0.47% NEW $452.43 +14.4%
33 LULU LULULEMON ATHLETICA INC Consumer Cyclical 6,432.0 $744K 0.44% NEW $115.64 +4.5%
34 APOS APOLLO GLOBAL MGMT INC 5,972.0 $730K 0.43% NEW $122.16
35 JNJ JOHNSON & JOHNSON Healthcare 2,680.0 $695K 0.41% NEW $259.33 +3.4%
36 LOW LOWES COS INC Consumer Cyclical 3,102.0 $694K 0.41% NEW $223.77 -7.0%
37 BK BANK OF NY MELLON CORP Financial Services 4,616.0 $692K 0.41% NEW $149.96 -5.4%
38 TSLA TESLA INC Consumer Cyclical 1,634.0 $686K 0.40% NEW $419.77 -16.9%
39 LII LENNOX INTL INC Industrials 1,184.0 $673K 0.39% NEW $568.03 -30.7%
40 SPHQ INVESCO EXCHANGE TRADED FD T 6,600.0 $584K 0.34% NEW $88.51 -3.2%
Page 2 of 4  ·  68 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
Consumer Cyclical 20.0%
Technology 18.7%
Financial Services 15.5%
Healthcare 13.3%
Consumer Defensive 13.1%
Industrials 9.0%
Energy 8.2%
Utilities 1.2%
Communication Services 0.9%