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Portfolio (Quarterly) Guide ↗

Flagstone Financial Management

· CIK 0001968890
13F Portfolio $447M AUM 77 positions Filed Jul 21, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 6 New 19 Added 17 Reduced
Page 4 of 4  ·  77 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 XLK SELECT SECTOR SPDR TR 1,522.0 $290K 0.07% $190.52 -4.6%
62 DFAT DIMENSIONAL ETF TRUST 4,113.0 $287K 0.06% $69.90 +1.9%
63 VZ VERIZON COMMUNICATIONS INC Communication Services 6,619.0 $280K 0.06% $42.34 +18.7%
64 XLF SELECT SECTOR SPDR TR 5,227.0 $280K 0.06% $53.61 +8.8%
65 BAC BANK OF AMER CORP Financial Services 4,836.0 $276K 0.06% $56.98 +9.6%
66 ETN EATON CORP PLC Industrials 639.0 $272K 0.06% -25.0 -3.8% $426.12 -4.0%
67 VLO VALERO ENERGY CORP Energy 1,000.0 $260K 0.06% $260.44 +30.7%
68 SPY STATE STR SPDR S&P 500 ETF T Financial Services 337.0 $252K 0.06% $747.77 +2.4%
69 IEI ISHARES TR 2,042.0 $240K 0.05% $117.45 -0.5%
70 PM PHILIP MORRIS INTL INC Consumer Defensive 1,300.0 $235K 0.05% $180.91 +7.2%
71 IEFA ISHARES TR 2,418.0 $234K 0.05% $96.58 +5.0%
72 PANW PALO ALTO NETWORKS INC Technology 670.0 $228K 0.05% NEW $341.02 -0.3%
73 V VISA INC Financial Services 646.0 $222K 0.05% NEW $343.19 +11.9%
74 GILD GILEAD SCIENCES INC Healthcare 1,737.0 $219K 0.05% $126.34 +17.8%
75 D DOMINION ENERGY INC Utilities 3,200.0 $219K 0.05% NEW $68.29 -2.0%
76 CAT CATERPILLAR INC Industrials 200.0 $213K 0.05% NEW $1064.90 -23.8%
77 NEE NEXTERA ENERGY INC Utilities 2,333.0 $205K 0.05% $87.77 -4.0%
Page 4 of 4  ·  77 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 36.9%
Financial Services 31.0%
Industrials 8.1%
Energy 5.3%
Consumer Defensive 4.6%
Communication Services 4.4%
Healthcare 3.2%
Consumer Cyclical 2.8%
Utilities 1.9%
Real Estate 1.7%