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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 4 of 4  ·  68 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 CVX CHEVRON CORPORATION Energy 1,526.0 $256K 0.15% NEW $168.08 +20.1%
62 BSMR INVESCO EXCH TRD SLF IDX FD 10,688.0 $253K 0.15% NEW $23.65 -0.2%
63 VWO VANGUARD INTL EQUITY INDEX F 4,064.0 $244K 0.14% NEW $60.07 +1.2%
64 GOOGL ALPHABET INC Communication Services 657.0 $241K 0.14% NEW $366.72 -5.5%
65 VGSH VANGUARD SCOTTSDALE FDS 3,828.0 $222K 0.13% NEW $58.11 -0.1%
66 DFAT DIMENSIONAL ETF TRUST 3,090.0 $216K 0.13% NEW $69.76 +2.0%
67 VTV VANGUARD INDEX FDS 915.0 $201K 0.12% NEW $219.44 +2.7%
68 WNC WABASH NATL CORP Industrials 12,051.0 $157K 0.09% NEW $13.00 +2.5%
Page 4 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%