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Portfolio (Quarterly) Guide ↗

Tannin Capital LLC

· CIK 0002110834
13F Portfolio $152M AUM 169 positions Filed Aug 4, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 27 New 55 Added 70 Reduced 10 Exited
Page 3 of 4  ·  70 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 FDX FEDEX CORP Industrials 1,447.0 $453K 0.30% -431.0 -22.9% $313.13 +5.7%
42 EW EDWARDS LIFESCIENCES CORP Healthcare 4,976.0 $450K 0.30% -582.0 -10.5% $90.46 -0.3%
43 USAR USA RARE EARTH INC Basic Materials 20,835.0 $450K 0.30% -2K -7.1% $21.58 -16.6%
44 ORCL ORACLE CORP Technology 2,890.0 $424K 0.28% -145.0 -4.8% $146.55 +2.8%
45 OII OCEANEERING INTL INC Energy 10,104.0 $409K 0.27% -442.0 -4.2% $40.52 +24.9%
46 NTRA NATERA INC Healthcare 1,434.0 $389K 0.26% -37.0 -2.5% $271.45 +20.2%
47 RY ROYAL BK CDA Financial Services 1,778.0 $368K 0.24% -50.0 -2.7% $206.97 -1.3%
48 T AT&T INC Communication Services 17,521.0 $363K 0.24% -226.0 -1.3% $20.70 +25.6%
49 PFE PFIZER INC Healthcare 14,784.0 $356K 0.23% -1K -6.4% $24.08 +16.1%
50 VFH VANGUARD WORLD FD 2,661.0 $350K 0.23% -176.0 -6.2% $131.60 +7.9%
51 ADI ANALOG DEVICES INC Technology 850.0 $338K 0.22% -113.0 -11.7% $397.17 -8.9%
52 BWXT BWX TECHNOLOGIES INC Industrials 1,697.0 $330K 0.22% -217.0 -11.3% $194.65 -21.5%
53 SCHG SCHWAB STRATEGIC TR 9,719.0 $329K 0.22% -376.0 -3.7% $33.84 +5.7%
54 SSD SIMPSON MFG INC Industrials 1,544.0 $323K 0.21% -144.0 -8.5% $209.35 -13.0%
55 XLI SELECT SECTOR SPDR TR 1,735.0 $321K 0.21% -74.0 -4.1% $185.23 -4.4%
56 XLK SELECT SECTOR SPDR TR 1,621.0 $309K 0.20% -9.0 -0.6% $190.48 -2.5%
57 XLV SELECT SECTOR SPDR TR 1,937.0 $307K 0.20% -138.0 -6.7% $158.66 +7.9%
58 XLP SELECT SECTOR SPDR TR 3,600.0 $299K 0.20% -208.0 -5.5% $83.07 +2.9%
59 WTS WATTS WATER TECHNOLOGIES INC Industrials 742.0 $290K 0.19% -471.0 -38.8% $391.45 -6.4%
60 HUBB HUBBELL INC Industrials 531.0 $278K 0.18% -13.0 -2.4% $523.20 -12.1%
Page 3 of 4  ·  70 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 28.1%
Financial Services 24.3%
Industrials 10.9%
Healthcare 9.3%
Communication Services 8.1%
Consumer Cyclical 6.9%
Consumer Defensive 5.3%
Energy 4.2%
Utilities 2.2%
Basic Materials 0.6%