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Portfolio (Quarterly) Guide ↗

Second Line Capital, LLC

· CIK 0001992879
13F Portfolio $528M AUM 185 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 30 New 85 Added 49 Reduced 11 Exited
Page 9 of 10  ·  185 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 KNSL KINSALE CAP GROUP INC COM Financial Services 705.0 $228K 0.04% $323.61 -3.1%
162 MPLX MPLX LP COM UNIT REP LTD Energy 4,053.0 $228K 0.04% $56.27 -1.2%
163 CTAS CINTAS CORP COM Industrials 1,305.0 $228K 0.04% NEW $174.76 -1.5%
164 SHY ISHARES 1-3 YEAR TREASURY BOND ETF 2,735.0 $226K 0.04% -5K -62.2% $82.48 -0.4%
165 PANW PALO ALTO NETWORKS INC COM Technology 1,256.0 $225K 0.04% -58.0 -4.4% $179.32 +33.9%
166 SPGI S&P GLOBAL INC COM Financial Services 521.0 $225K 0.04% +123.0 +30.9% $431.64 -4.9%
167 ETN EATON CORP PLC SHS Industrials 513.0 $222K 0.04% NEW $433.41 -14.2%
168 ABT ABBOTT LABORATORIES COM Healthcare 2,415.0 $219K 0.04% +118.0 +5.1% $90.79 -2.6%
169 MP MP MATERIALS CORP COM CL A Basic Materials 3,296.0 $218K 0.04% NEW $66.04 -16.8%
170 SHEL SHELL PLC SPON ADS Energy 2,387.0 $216K 0.04% NEW $90.68 -2.5%
171 URI UNITED RENTALS INC COM Industrials 224.0 $215K 0.04% NEW $960.21 -3.4%
172 SILA SILA REALTY TRUST INC COMMON STOCK Real Estate 6,999.0 $213K 0.04% NEW $30.43 +0.4%
173 BNDX VANGUARD TOTAL INTERNATIONAL BOND ETF 4,410.0 $212K 0.04% $48.05 -0.3%
174 SPIB STATE STREET SPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF 6,286.0 $211K 0.04% NEW $33.55 -0.7%
175 IRM IRON MTN INC DEL COM Real Estate 1,661.0 $209K 0.04% NEW $125.99 -2.0%
176 XLE STATE STREET ENERGY SELECT SECTOR SPDR ETF 3,474.0 $207K 0.04% NEW $59.65 +0.3%
177 TSM TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS Technology 523.0 $207K 0.04% NEW $396.06 -0.9%
178 RA BROOKFIELD REAL ASSETS INCOME SHS BEN INT Financial Services 15,977.0 $207K 0.04% $12.96 -1.7%
179 USIG ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF 3,931.0 $201K 0.04% NEW $51.25 -0.8%
180 INFL HORIZON KINETICS INFLATION BENEFICIARIES ETF 3,761.0 $200K 0.04% NEW $53.24 -0.0%
Page 9 of 10  ·  185 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 31.6%
Financial Services 24.8%
Energy 10.6%
Consumer Cyclical 8.3%
Industrials 6.2%
Healthcare 6.0%
Communication Services 4.5%
Consumer Defensive 4.2%
Real Estate 1.8%
Basic Materials 1.1%