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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 1 of 4  ·  68 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 RSP INVESCO EXCHANGE TRADED FD T 123,219.0 $26.5M 15.53% NEW $215.00 +2.6%
2 IEF ISHARES TR 278,454.0 $26.2M 15.38% NEW $94.18 -1.4%
3 AVUV AMERICAN CENTY ETF TR 150,096.0 $18.6M 10.90% NEW $123.82 +1.4%
4 AVDV AMERICAN CENTY ETF TR 150,938.0 $16.0M 9.36% NEW $105.77 +6.3%
5 SHY ISHARES TR 106,994.0 $8.8M 5.14% NEW $81.98 -0.1%
6 VOO VANGUARD INDEX FDS 11,734.0 $8.1M 4.75% NEW $690.64 +2.4%
7 AVEM AMERICAN CENTY ETF TR 74,538.0 $7.1M 4.17% NEW $95.31 -0.6%
8 SGOV ISHARES TR 59,727.0 $6.0M 3.52% NEW $100.44 +0.2%
9 USMV ISHARES TR 51,863.0 $5.1M 2.98% NEW $97.89 +3.9%
10 J P MORGAN EXCHANGE TRADED F 77,592.0 $3.9M 2.29% NEW $50.45
11 AVUS AMERICAN CENTY ETF TR 23,562.0 $3.0M 1.77% NEW $127.93 +2.0%
12 JMST J P MORGAN EXCHANGE TRADED F 56,902.0 $2.9M 1.70% NEW $50.93 +0.0%
13 BSMS INVESCO EXCH TRD SLF IDX FD 113,415.0 $2.7M 1.56% NEW $23.49 -0.7%
14 MBB ISHARES TR 19,976.0 $1.9M 1.10% NEW $94.28 -1.2%
15 AAPL APPLE INC Technology 4,494.0 $1.4M 0.82% NEW $312.63 +2.3%
16 MO ALTRIA GROUP INC Consumer Defensive 18,974.0 $1.4M 0.80% NEW $71.88 -4.5%
17 V VISA INC Financial Services 3,669.0 $1.3M 0.77% NEW $357.29 +6.8%
18 CAH CARDINAL HEALTH INC Healthcare 5,446.0 $1.3M 0.76% NEW $237.54 -1.3%
19 AGG ISHARES TR 11,601.0 $1.1M 0.67% NEW $98.66 -1.2%
20 GWW WW GRAINGER INC Industrials 834.0 $1.1M 0.67% NEW $1369.57 -4.6%
Page 1 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%