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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 26 of 30  ·  600 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
501 KVUE KENVUE INC Consumer Defensive 31.0 $593.0 $19.13 -0.9%
502 MC MOELIS & CO Financial Services 9.0 $589.0 NEW $65.44 +5.7%
503 AFL AFLAC INC Financial Services 5.0 $587.0 $117.40 +0.2%
504 JCI JOHNSON CONTROLS INTERNATION Industrials 4.0 $585.0 $146.25 -1.5%
505 ESS ESSEX PPTY TR INC Real Estate 2.0 $584.0 NEW $292.00 -4.0%
506 MLM MARTIN MARIETTA MATLS INC Basic Materials 1.0 $577.0 $577.00 -11.0%
507 MO ALTRIA GROUP INC Consumer Defensive 8.0 $576.0 NEW $72.00 -3.9%
508 WAL WESTERN ALLIANCE BANCORP Financial Services 7.0 $576.0 NEW $82.29 -1.3%
509 SO SOUTHERN CO Utilities 6.0 $575.0 NEW $95.83 -7.8%
510 ABNB AIRBNB INC Consumer Cyclical 4.0 $573.0 NEW $143.25 +26.8%
511 CNP CENTERPOINT ENERGY INC Utilities 13.0 $573.0 $44.08 -9.5%
512 CRBG COREBRIDGE FINL INC 20.0 $573.0 NEW $28.65
513 EMR EMERSON ELEC CO Industrials 4.0 $573.0 NEW $143.25 +6.8%
514 DT DYNATRACE INC Technology 13.0 $571.0 NEW $43.92 +19.3%
515 HL HECLA MINING COMPANY Basic Materials 37.0 $571.0 NEW $15.43 +34.8%
516 CHTR CHARTER COMMUNICATIONS INC Communication Services 4.0 $569.0 +2.0 +100.0% $142.25 +5.7%
517 GTY GETTY RLTY CORP NEW Real Estate 17.0 $568.0 NEW $33.41 -2.1%
518 AVB AVALONBAY CMNTYS INC Real Estate 3.0 $567.0 $189.00 -2.6%
519 XEL XCEL ENERGY INC Utilities 7.0 $563.0 $80.43 -5.2%
520 ARES ARES MANAGEMENT CORPORATION Financial Services 5.0 $557.0 +2.0 +66.7% $111.40 +26.4%
Page 26 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%