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Portfolio (Quarterly) Guide ↗

Tannin Capital LLC

· CIK 0002110834
13F Portfolio $138M AUM 152 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 23 New 76 Added 33 Reduced 6 Exited
Page 3 of 8  ·  152 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CSX CSX CORP Industrials 26,082.0 $1.1M 0.78% +3K +13.5% $41.05 +17.7%
42 COF CAPITAL ONE FINL CORP Financial Services 4,964.0 $906K 0.66% +1K +26.5% $182.43 +12.3%
43 IUSG ISHARES TR 5,813.0 $902K 0.65% $155.12 +20.8%
44 QQQJ INVESCO EXCH TRADED FD TR II 24,660.0 $893K 0.65% -3K -9.4% $36.21 +25.7%
45 GLD SPDR GOLD TR Financial Services 2,072.0 $892K 0.65% NEW $430.29 -13.9%
46 NFLX NETFLIX INC Communication Services 9,127.0 $878K 0.64% +2K +29.4% $96.15 -22.8%
47 SHOP SHOPIFY INC Technology 7,384.0 $876K 0.64% +810.0 +12.3% $118.62 +2.5%
48 VYM VANGUARD WHITEHALL FDS 5,743.0 $851K 0.62% -697.0 -10.8% $148.10 +6.8%
49 QQQ INVESCO QQQ TR Financial Services 1,458.0 $842K 0.61% NEW $577.18 +25.6%
50 IBM INTERNATIONAL BUSINESS MACHS Technology 3,445.0 $835K 0.61% -4K -53.6% $242.39 +18.1%
51 CL COLGATE PALMOLIVE CO Consumer Defensive 9,335.0 $796K 0.58% +2K +32.2% $85.23 +8.8%
52 DUK DUKE ENERGY CORP NEW Utilities 6,034.0 $790K 0.57% +290.0 +5.0% $130.94 -3.9%
53 SCHB SCHWAB STRATEGIC TR 29,703.0 $746K 0.54% $25.10 +15.2%
54 IJK ISHARES TR 7,220.0 $726K 0.53% -2K -25.5% $100.62 +15.4%
55 IJT ISHARES TR 4,827.0 $699K 0.51% -2K -27.6% $144.71 +22.5%
56 FAST FASTENAL CO Industrials 14,562.0 $676K 0.49% $46.40 +2.9%
57 SPOT SPOTIFY TECHNOLOGY S A Communication Services 1,386.0 $672K 0.49% +69.0 +5.2% $484.91 -2.6%
58 FDX FEDEX CORP Industrials 1,878.0 $669K 0.48% -164.0 -8.0% $356.18 -11.9%
59 HON HONEYWELL INTL INC Industrials 2,900.0 $655K 0.48% +413.0 +16.6% $226.03 -1.9%
60 STX SEAGATE TECHNOLOGY HLDNGS PL Technology 1,673.0 $655K 0.48% $391.76 +133.6%
Page 3 of 8  ·  152 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 24.2%
Financial Services 22.0%
Industrials 13.1%
Communication Services 9.9%
Healthcare 9.2%
Consumer Cyclical 7.0%
Consumer Defensive 6.0%
Energy 5.0%
Utilities 2.4%
Basic Materials 0.6%