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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 17 of 30  ·  600 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 RGLD ROYAL GOLD INC Basic Materials 9.0 $2K 0.00% NEW $199.67 +31.3%
322 CMCSA COMCAST CORP NEW Communication Services 67.0 $2K 0.00% -220.0 -76.7% $24.55 +7.9%
323 BK BANK OF NY MELLON CORP Financial Services 11.0 $2K 0.00% +6.0 +120.0% $144.64 -0.6%
324 ADI ANALOG DEVICES INC Technology 4.0 $2K 0.00% +2.0 +100.0% $397.25 -8.8%
325 SPYV SPDR SERIES TRUST 26.0 $2K 0.00% $60.81 +4.3%
326 CRWD CROWDSTRIKE HLDGS INC Technology 2.0 $2K 0.00% NEW $190.88 +11.6%
327 NVT NVENT ELEC PLC Industrials 9.0 $2K 0.00% +4.0 +80.0% $169.67 -8.0%
328 VECO VEECO INSTRS INC DEL Technology 20.0 $2K 0.00% $75.80 -41.1%
329 BBVA BANCO BILBAO VIZCAYA ARGENTA Financial Services 60.0 $2K 0.00% NEW $25.07 +17.7%
330 VRTX VERTEX PHARMACEUTICALS INC Healthcare 3.0 $1K 0.00% +2.0 +200.0% $497.00 +9.9%
331 MRVL MARVELL TECHNOLOGY INC Technology 5.0 $1K 0.00% NEW $298.00 -25.0%
332 MAR MARRIOTT INTL INC NEW Consumer Cyclical 4.0 $1K 0.00% +2.0 +100.0% $370.75 -9.2%
333 QCOM QUALCOMM INC Technology 8.0 $1K 0.00% +5.0 +166.7% $184.88 -8.7%
334 ERIC TELEFONAKTIEBOLAGET LM ERICS Technology 132.0 $1K 0.00% NEW $11.15 -9.4%
335 PWR QUANTA SVCS INC Industrials 2.0 $1K +1.0 +100.0% $720.50 -13.3%
336 IBM INTERNATIONAL BUSINESS MACHS Technology 5.0 $1K +1.0 +25.0% $281.40 -16.5%
337 NOW SERVICENOW INC Technology 14.0 $1K NEW $99.29 +42.3%
338 MPWR MONOLITHIC PWR SYS INC Technology 1.0 $1K $1383.00 -11.5%
339 CB CHUBB LIMITED Financial Services 4.0 $1K -10.0 -71.4% $340.75 +0.2%
340 PLD PROLOGIS INC. Real Estate 10.0 $1K +5.0 +100.0% $135.50 +1.4%
Page 17 of 30  ·  600 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%