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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 7 of 9  ·  173 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 ESS ESSEX PPTY TR INC Real Estate 2.0 $584.0 NEW $292.00 -4.6%
122 MO ALTRIA GROUP INC Consumer Defensive 8.0 $576.0 NEW $72.00 -3.5%
123 WAL WESTERN ALLIANCE BANCORP Financial Services 7.0 $576.0 NEW $82.29 -1.6%
124 SO SOUTHERN CO Utilities 6.0 $575.0 NEW $95.83 -7.4%
125 ABNB AIRBNB INC Consumer Cyclical 4.0 $573.0 NEW $143.25 +29.3%
126 CRBG COREBRIDGE FINL INC 20.0 $573.0 NEW $28.65
127 EMR EMERSON ELEC CO Industrials 4.0 $573.0 NEW $143.25 +4.9%
128 DT DYNATRACE INC Technology 13.0 $571.0 NEW $43.92 +20.1%
129 HL HECLA MINING COMPANY Basic Materials 37.0 $571.0 NEW $15.43 +37.4%
130 GTY GETTY RLTY CORP NEW Real Estate 17.0 $568.0 NEW $33.41 -2.3%
131 MMSI MERIT MED SYS INC Healthcare 8.0 $555.0 NEW $69.38 +27.7%
132 TFC TRUIST FINL CORP Financial Services 11.0 $549.0 NEW $49.91 +3.4%
133 EQR EQUITY RESIDENTIAL Real Estate 8.0 $544.0 NEW $68.00 -4.2%
134 CRDO CREDO TECHNOLOGY GROUP HOLDI Technology 2.0 $544.0 NEW $272.00 -39.6%
135 HOMB HOME BANCSHARES INC Financial Services 19.0 $543.0 NEW $28.58 +5.0%
136 PM PHILIP MORRIS INTL INC Consumer Defensive 3.0 $543.0 NEW $181.00 +2.9%
137 DLR DIGITAL RLTY TR INC Real Estate 3.0 $539.0 NEW $179.67 +4.5%
138 TSCO TRACTOR SUPPLY CO Consumer Cyclical 17.0 $538.0 NEW $31.65 +9.3%
139 AXS AXIS CAP HLDGS LTD Financial Services 5.0 $538.0 NEW $107.60 -5.8%
140 HLI HOULIHAN LOKEY INC Financial Services 4.0 $537.0 NEW $134.25 +1.9%
Page 7 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 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%