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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 20 of 30  ·  600 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
381 GSK GSK PLC Healthcare 18.0 $944.0 NEW $52.44 -4.9%
382 KNX KNIGHT-SWIFT TRANSN HLDGS IN Industrials 12.0 $935.0 NEW $77.92 -7.6%
383 TECHNIPFMC PLC 14.0 $929.0 $66.36
384 ARGX ARGENX SE Healthcare 1.0 $928.0 NEW $928.00 +11.3%
385 FSBC FIVE STAR BANCORP Financial Services 19.0 $926.0 NEW $48.74 -3.6%
386 KNF KNIFE RIVER CORP Basic Materials 11.0 $921.0 NEW $83.73 -26.2%
387 SYY SYSCO CORP Consumer Defensive 11.0 $920.0 NEW $83.64 -4.3%
388 NMR NOMURA HLDGS INC Financial Services 104.0 $914.0 NEW $8.79 +21.2%
389 BUD ANHEUSER BUSCH INBEV SA NV Consumer Defensive 11.0 $907.0 NEW $82.45 -2.6%
390 CCEP COCA-COLA EUROPACIFIC PARTNE Consumer Defensive 9.0 $901.0 NEW $100.11 +5.6%
391 GHYB GOLDMAN SACHS ETF TR 20.0 $898.0 $44.90 -1.1%
392 SNPS SYNOPSYS INC Technology 2.0 $893.0 +1.0 +100.0% $446.50 -11.8%
393 T AT&T INC Communication Services 43.0 $891.0 +22.0 +104.8% $20.72 +23.9%
394 ASTS AST SPACEMOBILE INC Technology 10.0 $889.0 $88.90 -29.9%
395 DEO DIAGEO PLC Consumer Defensive 11.0 $885.0 NEW $80.45 +10.9%
396 ROIV ROIVANT SCIENCES LTD Healthcare 25.0 $885.0 $35.40 -1.3%
397 JBHT HUNT J B TRANS SVCS INC Industrials 3.0 $869.0 NEW $289.67 -5.5%
398 BIIB BIOGEN INC Healthcare 4.0 $865.0 $216.25 +2.1%
399 DELL DELL TECHNOLOGIES INC Technology 2.0 $863.0 NEW $431.50 +21.4%
400 ENERFLEX LTD 35.0 $858.0 NEW $24.51
Page 20 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%