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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 2 of 6  ·  110 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 SCHO SCHWAB STRATEGIC TR 83,963.0 $2.0M 0.69% -34K -28.6% $24.14 -0.5%
22 VWOB VANGUARD WHITEHALL FDS 28,663.0 $1.9M 0.66% -1K -4.0% $67.24 -2.4%
23 SCHP SCHWAB STRATEGIC TR 66,492.0 $1.8M 0.60% -6K -8.4% $26.50 -2.5%
24 VNQ VANGUARD INDEX FDS 17,017.0 $1.6M 0.56% -3K -16.6% $96.43 +0.2%
25 VGK VANGUARD INTL EQUITY INDEX F 18,140.0 $1.6M 0.55% -217.0 -1.2% $88.54 +3.6%
26 EUHY ISHARES INC 26,647.0 $1.4M 0.49% -3K -10.2% $53.86 -1.6%
27 VTIP VANGUARD MALVERN FDS 28,433.0 $1.4M 0.49% -893.0 -3.0% $50.23 -1.0%
28 SCHX SCHWAB STRATEGIC TR 47,561.0 $1.4M 0.48% -8K -14.9% $29.43 +3.6%
29 SCHH SCHWAB STRATEGIC TR 58,738.0 $1.4M 0.47% -1K -2.0% $23.68 -0.3%
30 BBEU J P MORGAN EXCHANGE TRADED F 17,600.0 $1.4M 0.47% -4K -20.1% $77.77 +2.9%
31 VEA VANGUARD TAX-MANAGED FDS 19,209.0 $1.4M 0.47% -537.0 -2.7% $71.25 +3.1%
32 MGC VANGUARD WORLD FD 4,880.0 $1.3M 0.46% -930.0 -16.0% $273.64 +3.8%
33 VGIT VANGUARD SCOTTSDALE FDS 19,379.0 $1.1M 0.39% -955.0 -4.7% $58.98 -1.7%
34 VV VANGUARD INDEX FDS 3,220.0 $1.1M 0.38% -60.0 -1.8% $343.91 +3.6%
35 GLD SPDR GOLD TR Financial Services 2,903.0 $1.1M 0.36% -128.0 -4.2% $368.38 +11.4%
36 VNQI VANGUARD INTL EQUITY INDEX F 21,288.0 $955K 0.33% -4K -14.6% $44.85 +0.8%
37 VOTE TCW ETF TRUST 10,212.0 $900K 0.31% -1K -10.4% $88.17 +3.3%
38 PIT VANECK ETF TRUST 11,281.0 $745K 0.25% -939.0 -7.7% $66.01 +21.8%
39 VTC VANGUARD SCOTTSDALE FDS 9,525.0 $732K 0.25% -3K -25.5% $76.80 -2.6%
40 MUB ISHARES TR 6,026.0 $649K 0.22% -2K -27.2% $107.62 -3.4%
Page 2 of 6  ·  110 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%