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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 5 of 8  ·  152 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 MCD MCDONALDS CORP Consumer Cyclical 1,509.0 $469K 0.34% +614.0 +68.6% $310.79 -13.3%
82 ORCL ORACLE CORP Technology 3,035.0 $446K 0.32% +129.0 +4.4% $147.11 -3.1%
83 EW EDWARDS LIFESCIENCES CORPORATION Healthcare 5,558.0 $445K 0.32% NEW $80.08 +14.9%
84 EXPD EXPEDITORS INTL WASH INC Industrials 3,104.0 $445K 0.32% +40.0 +1.3% $143.23 +16.5%
85 PFE PFIZER INC Healthcare 15,795.0 $444K 0.32% +4K +38.8% $28.08 -15.0%
86 CASY CASEYS GEN STORES INC Consumer Cyclical 599.0 $436K 0.32% $727.86 +7.8%
87 UPS UNITED PARCEL SERVICE INC Industrials 4,341.0 $427K 0.31% +2K +87.3% $98.38 +11.3%
88 RJF RAYMOND JAMES FINL INC Financial Services 2,912.0 $422K 0.31% +469.0 +19.2% $144.79 +9.3%
89 KMB KIMBERLY-CLARK CORP Consumer Defensive 4,190.0 $404K 0.29% NEW $96.47 +15.5%
90 BX BLACKSTONE INC Financial Services 3,448.0 $396K 0.29% $114.99 +4.0%
91 BWXT BWX TECHNOLOGIES INC Industrials 1,914.0 $391K 0.28% $204.49 -6.5%
92 SYK STRYKER CORPORATION Healthcare 1,165.0 $383K 0.28% +108.0 +10.2% $328.59 -4.6%
93 VEU VANGUARD INTL EQUITY INDEX F 5,057.0 $380K 0.28% NEW $75.10 +10.1%
94 OII OCEANEERING INTL INC Energy 10,546.0 $374K 0.27% +582.0 +5.8% $35.47 +11.1%
95 FIG FIGMA INC Technology 17,503.0 $370K 0.27% +5K +36.7% $21.14 -7.8%
96 XLF SELECT SECTOR SPDR TR 7,423.0 $366K 0.27% -1K -13.0% $49.37 +11.0%
97 LLY ELI LILLY & CO Healthcare 386.0 $355K 0.26% +46.0 +13.5% $919.77 +29.6%
98 MELI MERCADOLIBRE INC Consumer Cyclical 204.0 $353K 0.26% +15.0 +7.9% $1729.02 +0.8%
99 WTS WATTS WATER TECHNOLOGIES INC Industrials 1,213.0 $352K 0.26% -30.0 -2.4% $290.29 +34.8%
100 DIS DISNEY WALT CO Communication Services 3,644.0 $351K 0.26% +387.0 +11.9% $96.38 -0.7%
Page 5 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%