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Portfolio (Quarterly) Guide ↗

Winter & Associates, Inc.

· CIK 0002109063
13F Portfolio $114M AUM 84 positions Filed Apr 8, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 5 New 28 Added 35 Reduced 3 Exited
Page 2 of 2  ·  35 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 TIP ISHARES TR 4,359.0 $483K 0.42% -1K -24.7% $110.76 -0.4%
22 BSV VANGUARD BD INDEX FDS 5,444.0 $425K 0.37% -679.0 -11.1% $78.12 -0.4%
23 VGIT VANGUARD SCOTTSDALE FDS 7,053.0 $418K 0.37% -416.0 -5.6% $59.28 -1.1%
24 SHE SPDR SERIES TRUST 3,165.0 $412K 0.36% -43.0 -1.3% $130.02 +15.8%
25 SCHD SCHWAB STRATEGIC TR 13,320.0 $408K 0.36% -306.0 -2.2% $30.64 +4.7%
26 JPM JPMORGAN CHASE & CO Financial Services 1,245.0 $368K 0.32% -40.0 -3.1% $295.45 +1.9%
27 MOAT VANECK ETF TRUST 3,746.0 $363K 0.32% -159.0 -4.1% $96.97 +3.3%
28 LRCX LAM RESEARCH CORP Technology 1,566.0 $346K 0.30% -117.0 -7.0% $220.65 +35.0%
29 SABA SABA CAPITAL INCOME & OPPORT Financial Services 39,673.0 $333K 0.29% -22K -35.5% $8.40 -0.4%
30 MINN TRUST FOR PROFESSIONAL MANAG 14,971.0 $333K 0.29% -2K -13.6% $22.24 -0.3%
31 SPY STATE STR SPDR S&P 500 ETF T Financial Services 454.0 $299K 0.26% -13.0 -2.8% $658.93 +12.2%
32 UNH UNITEDHEALTH GROUP INC Healthcare 1,036.0 $291K 0.26% -16.0 -1.5% $281.32 +36.8%
33 IUSB ISHARES TR 5,590.0 $258K 0.23% -249.0 -4.3% $46.11 -0.8%
34 DFAT DIMENSIONAL ETF TRUST 3,974.0 $251K 0.22% -831.0 -17.3% $63.15 +4.4%
35 CRM SALESFORCE INC Technology 1,115.0 $206K 0.18% -22.0 -1.9% $185.03 -5.3%
Page 2 of 2  ·  35 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
Financial Services 37.4%
Technology 34.6%
Consumer Cyclical 8.5%
Healthcare 5.4%
Industrials 5.4%
Communication Services 5.0%
Consumer Defensive 2.3%
Energy 1.3%
Basic Materials 0.1%