Portfolio (Quarterly) Guide ↗

Element Squared LLC

· CIK 0002086643

13F Portfolio $201M AUM 49 positions Filed Jul 28, 2026 EDGAR ↗ ← All Funds

Q2 2026 Q1 2026 · All 18 New 13 Added 13 Reduced 11 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	RSP	INVESCO EXCHANGE TRADED FD T	—	131,270.0	$27.9M	13.90%	+34K	+35.5%	$212.77	+2.3%
2	SPY	STATE STR SPDR S&P 500 ETF T	Financial Services	25,435.0	$19.0M	9.45%	+748.0	+3.0%	$746.76	+2.0%
3	GOOG	ALPHABET INC	—	10,706.0	$3.8M	1.88%	+3K	+43.0%	$353.34	—
4	APH	AMPHENOL CORP	Technology	17,636.0	$3.1M	1.55%	+660.0	+3.9%	$176.32	-7.5%
5	INCY	INCYTE CORP	Healthcare	24,786.0	$2.8M	1.40%	+829.0	+3.5%	$113.36	+10.3%
6	IBKR	INTERACTIVE BROKERS GROUP IN	Financial Services	32,278.0	$2.8M	1.40%	+582.0	+1.8%	$87.04	+3.8%
7	AAPL	APPLE INC	Technology	9,296.0	$2.7M	1.34%	+211.0	+2.3%	$289.35	+12.4%
8	EXPE	EXPEDIA GROUP INC	Consumer Cyclical	10,199.0	$2.6M	1.30%	+352.0	+3.6%	$255.87	+18.9%
9	AXP	AMERICAN EXPRESS CO	Financial Services	7,648.0	$2.6M	1.29%	+260.0	+3.5%	$338.24	-4.2%
10	VUG	VANGUARD INDEX FDS	—	27,611.0	$2.4M	1.18%	+23K	+484.5%	$86.14	+1.4%
11	UTHR	UNITED THERAPEUTICS CORP DEL	Healthcare	4,349.0	$2.4M	1.17%	+109.0	+2.6%	$541.83	-5.4%
12	O	REALTY INCOME CORP	Real Estate	37,542.0	$2.3M	1.16%	+2K	+5.0%	$61.96	-1.0%
13	REGN	REGENERON PHARMACEUTICALS	Healthcare	3,083.0	$1.9M	0.96%	+147.0	+5.0%	$623.47	+32.1%

① 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

Financial Services 37.4%

Technology 29.8%

Healthcare 13.4%

Industrials 8.9%

Consumer Cyclical 3.7%

Real Estate 3.6%

Energy 2.1%

Communication Services 1.1%