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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 18 of 30  ·  600 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
341 IFF INTERNATIONAL FLAVORS&FRAGRA Basic Materials 17.0 $1K +9.0 +112.5% $79.24 +9.0%
342 ADP AUTOMATIC DATA PROCESSING IN Industrials 6.0 $1K NEW $224.00 +23.9%
343 PPG PPG INDS INC Basic Materials 11.0 $1K +6.0 +120.0% $121.36 -7.3%
344 TDG TRANSDIGM GROUP INC Industrials 1.0 $1K NEW $1333.00 -12.8%
345 VTR VENTAS INC Real Estate 15.0 $1K +7.0 +87.5% $88.80 +1.7%
346 DLTR DOLLAR TREE INC Consumer Defensive 11.0 $1K NEW $121.00 +8.6%
347 UNILEVER PLC 22.0 $1K NEW $60.14
348 BCS BARCLAYS PLC Financial Services 49.0 $1K NEW $26.88 +0.5%
349 APOS APOLLO GLOBAL MGMT INC 11.0 $1K +7.0 +175.0% $118.36
350 VRSN VERISIGN INC Technology 5.0 $1K +3.0 +150.0% $251.60 +16.1%
351 GIS GENERAL MILLS INC Consumer Defensive 36.0 $1K NEW $34.81 +10.0%
352 SMFG SUMITOMO MITSUI FIN GRP INC Financial Services 53.0 $1K NEW $23.58 +15.8%
353 SAP SAP SE Technology 8.0 $1K NEW $154.12 +39.6%
354 DVN DEVON ENERGY CORP NEW Energy 29.0 $1K +14.0 +93.3% $41.34 +16.2%
355 CL COLGATE PALMOLIVE CO Consumer Defensive 13.0 $1K +7.0 +116.7% $91.69 -3.2%
356 MET METLIFE INC Financial Services 14.0 $1K NEW $84.64 +15.3%
357 TM TOYOTA MOTOR CORP Consumer Cyclical 7.0 $1K NEW $168.43 +17.0%
358 GEV GE VERNOVA INC Utilities 1.0 $1K $1175.00 -19.8%
359 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 3.0 $1K +1.0 +50.0% $387.00 +5.3%
360 SHOP SHOPIFY INC Technology 10.0 $1K NEW $114.20 +27.0%
Page 18 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%