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Portfolio (Quarterly) Guide ↗

Breakwater Investment Management

· CIK 0002025925
13F Portfolio $294M AUM 600 positions Filed Aug 6, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 173 New 104 Added 110 Reduced 70 Exited
Page 4 of 6  ·  104 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 COF CAPITAL ONE FINL CORP Financial Services 9.0 $2K 0.00% +7.0 +350.0% $200.67 +9.9%
62 BK BANK OF NY MELLON CORP Financial Services 11.0 $2K 0.00% +6.0 +120.0% $144.64 -1.9%
63 ADI ANALOG DEVICES INC Technology 4.0 $2K 0.00% +2.0 +100.0% $397.25 -10.3%
64 NVT NVENT ELEC PLC Industrials 9.0 $2K 0.00% +4.0 +80.0% $169.67 -10.4%
65 VRTX VERTEX PHARMACEUTICALS INC Healthcare 3.0 $1K 0.00% +2.0 +200.0% $497.00 +12.3%
66 MAR MARRIOTT INTL INC NEW Consumer Cyclical 4.0 $1K 0.00% +2.0 +100.0% $370.75 -9.4%
67 QCOM QUALCOMM INC Technology 8.0 $1K 0.00% +5.0 +166.7% $184.88 -8.8%
68 PWR QUANTA SVCS INC Industrials 2.0 $1K +1.0 +100.0% $720.50 -13.9%
69 IBM INTERNATIONAL BUSINESS MACHS Technology 5.0 $1K +1.0 +25.0% $281.40 -16.6%
70 PLD PROLOGIS INC. Real Estate 10.0 $1K +5.0 +100.0% $135.50 +2.0%
71 IFF INTERNATIONAL FLAVORS&FRAGRA Basic Materials 17.0 $1K +9.0 +112.5% $79.24 +9.1%
72 PPG PPG INDS INC Basic Materials 11.0 $1K +6.0 +120.0% $121.36 -8.7%
73 VTR VENTAS INC Real Estate 15.0 $1K +7.0 +87.5% $88.80 +3.7%
74 APOS APOLLO GLOBAL MGMT INC 11.0 $1K +7.0 +175.0% $118.36
75 VRSN VERISIGN INC Technology 5.0 $1K +3.0 +150.0% $251.60 +16.6%
76 DVN DEVON ENERGY CORP NEW Energy 29.0 $1K +14.0 +93.3% $41.34 +18.0%
77 CL COLGATE PALMOLIVE CO Consumer Defensive 13.0 $1K +7.0 +116.7% $91.69 -1.7%
78 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 3.0 $1K +1.0 +50.0% $387.00 +7.2%
79 APP APPLOVIN CORP Technology 2.0 $1K +1.0 +100.0% $515.50 -39.2%
80 PAYX PAYCHEX INC Industrials 10.0 $984.0 +6.0 +150.0% $98.40 +27.1%
Page 4 of 6  ·  104 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 37.5%
Financial Services 30.5%
Consumer Cyclical 18.7%
Communication Services 5.8%
Healthcare 2.6%
Industrials 1.8%
Consumer Defensive 1.4%
Energy 1.0%
Basic Materials 0.4%
Utilities 0.2%