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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 5 of 9  ·  169 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 VEU VANGUARD INTL EQUITY INDEX F 6,064.0 $508K 0.33% +1K +19.9% $83.75 +2.0%
82 UPS UNITED PARCEL SVCS INC Industrials 4,704.0 $506K 0.33% +363.0 +8.4% $107.50 -2.0%
83 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 538.0 $503K 0.33% -63.0 -10.5% $935.47 +1.1%
84 CAT CATERPILLAR INC Industrials 472.0 $503K 0.33% -198.0 -29.6% $1064.90 -24.9%
85 RJF RAYMOND JAMES FINL INC Financial Services 3,219.0 $489K 0.32% +307.0 +10.5% $152.02 +18.0%
86 LNG CHENIERE ENERGY INC Energy 2,031.0 $485K 0.32% +168.0 +9.0% $239.00 +18.1%
87 SPACE EXPLORATION TECHN CORP 2,771.0 $473K 0.31% NEW $170.86
88 CASY CASEYS GEN STORES INC Consumer Cyclical 589.0 $468K 0.31% -10.0 -1.7% $794.79 -4.9%
89 BP BP PLC Energy 12,523.0 $463K 0.30% +493.0 +4.1% $36.95 +14.1%
90 UNH UNITEDHEALTH GROUP INC Healthcare 1,109.0 $461K 0.30% +23.0 +2.1% $415.63 -5.5%
91 FDX FEDEX CORP Industrials 1,447.0 $453K 0.30% -431.0 -22.9% $313.13 +5.7%
92 EW EDWARDS LIFESCIENCES CORP Healthcare 4,976.0 $450K 0.30% -582.0 -10.5% $90.46 -0.3%
93 USAR USA RARE EARTH INC Basic Materials 20,835.0 $450K 0.30% -2K -7.1% $21.58 -16.6%
94 AMAT APPLIED MATLS INC Technology 604.0 $437K 0.29% NEW $723.04 -36.1%
95 SYK STRYKER CORPORATION Healthcare 1,375.0 $433K 0.28% +210.0 +18.0% $314.84 +5.0%
96 ORCL ORACLE CORP Technology 2,890.0 $424K 0.28% -145.0 -4.8% $146.55 +2.8%
97 OII OCEANEERING INTL INC Energy 10,104.0 $409K 0.27% -442.0 -4.2% $40.52 +24.9%
98 TSCO TRACTOR SUPPLY CO Consumer Cyclical 12,882.0 $407K 0.27% +512.0 +4.1% $31.61 +9.8%
99 XLF SELECT SECTOR SPDR TR 7,491.0 $402K 0.26% +68.0 +0.9% $53.61 +8.4%
100 AXP AMERICAN EXPRESS CO Financial Services 1,175.0 $397K 0.26% +300.0 +34.3% $338.25 -1.5%
Page 5 of 9  ·  169 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%