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Portfolio (Quarterly) Guide ↗

SAVA PENZISKO DRUSHTVO A.D. SKOPJE

· CIK 0002094371
13F Portfolio $375M AUM 27 positions Filed Aug 13, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 4 New 11 Added 12 Reduced 2 Exited
Page 2 of 2  ·  27 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 XLU SELECT SECTOR SPDR TR 25,136.0 $6.0M 1.60% -85K -77.2% $239.01 -81.9%
22 GDX VANECK ETF TRUST 66,850.0 $5.1M 1.37% -83K -55.5% $76.97 +34.7%
23 URTH ISHARES INC 110,226.0 $5.0M 1.33% -92K -45.6% $45.34 +363.0%
24 LNG CHENIERE ENERGY INC Energy 62,396.0 $4.9M 1.31% NEW $78.95 +255.7%
25 PYPL PAYPAL HLDGS INC Financial Services 111,360.0 $4.8M 1.28% +25K +28.3% $43.18 +42.4%
26 CIBR FIRST TR EXCHANGE-TRADED FD 16,029.0 $3.6M 0.96% -179K -91.8% $223.90 -55.0%
27 VPL VANGUARD INTL EQUITY INDEX F 16,029.0 $3.5M 0.95% -160K -90.9% $221.08 -47.6%
Page 2 of 2  ·  27 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
Consumer Cyclical 35.9%
Technology 27.2%
Consumer Defensive 19.8%
Communication Services 8.9%
Energy 4.1%
Financial Services 4.0%