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Portfolio (Quarterly) Guide ↗

SYNTAX RESEARCH, INC.

· CIK 0001999827
13F Portfolio $156M AUM Filed Nov 4, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 173 New
Page 8 of 9  ·  173 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 CSX CSX CORP Industrials 324.0 $12K 0.01% NEW $35.51 +38.2%
142 ADP AUTOMATIC DATA PROCESSING IN Industrials 39.0 $11K 0.01% NEW $293.51 -15.3%
143 WYNN WYNN RESORTS LTD Consumer Cyclical 89.0 $11K 0.01% NEW $128.28 -24.6%
144 CWB SPDR SERIES TRUST 122.0 $11K 0.01% NEW $90.50 +14.2%
145 BKNG BOOKING HOLDINGS INC Consumer Cyclical 2.0 $11K 0.01% NEW $215.98 -16.3%
146 UAL UNITED AIRLS HLDGS INC Industrials 100.0 $10K 0.01% NEW $96.50 +26.1%
147 GS GOLDMAN SACHS GROUP INC Financial Services 12.0 $10K 0.01% NEW $796.42 +42.8%
148 PFF ISHARES TR 255.0 $8K 0.01% NEW $31.62 -3.3%
149 DD DUPONT DE NEMOURS INC Basic Materials 100.0 $8K 0.01% NEW $77.90 +71.4%
150 BX BLACKSTONE INC Financial Services 45.0 $8K 0.01% NEW $168.98 -23.3%
151 MCD MCDONALDS CORP Consumer Cyclical 25.0 $8K 0.01% NEW $303.92 -12.1%
152 CCL CARNIVAL CORP Consumer Cyclical 260.0 $8K 0.01% NEW $28.91 -7.1%
153 CARR CARRIER GLOBAL CORPORATION Industrials 118.0 $7K 0.01% NEW $59.70 +14.0%
154 LVS LAS VEGAS SANDS CORP Consumer Cyclical 129.0 $7K 0.00% NEW $53.79 -16.9%
155 MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 190.0 $7K 0.00% NEW $34.66 +34.6%
156 ALL ALLSTATE CORP Financial Services 28.0 $6K 0.00% NEW $214.68 +12.0%
157 SHEL SHELL PLC Energy 83.0 $6K 0.00% NEW $71.53 +18.0%
158 DAL DELTA AIR LINES INC DEL Industrials 100.0 $6K 0.00% NEW $56.75 +51.3%
159 HE HAWAIIAN ELEC INDUSTRIES Utilities 508.0 $6K 0.00% NEW $11.05 +22.9%
160 OTIS OTIS WORLDWIDE CORP Industrials 59.0 $5K 0.00% NEW $91.44 -21.6%
Page 8 of 9  ·  173 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 36.8%
Financial Services 12.9%
Industrials 12.7%
Communication Services 8.0%
Healthcare 7.8%
Real Estate 5.8%
Energy 5.7%
Consumer Cyclical 4.2%
Basic Materials 4.2%
Consumer Defensive 1.6%