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Portfolio (Quarterly) Guide ↗

Frec Markets, Inc.

· CIK 0002111359
13F Portfolio $587.2B AUM 644 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 316 New 310 Added 15 Reduced 15 Exited
Page 12 of 16  ·  310 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 JBL JABIL INC Technology 1,735.0 $461K 0.08% +262.0 +17.8% $265.63 +27.5%
222 RCL ROYAL CARIBBEAN GROUP Consumer Cyclical 1,670.0 $460K 0.08% +183.0 +12.3% $275.18 -8.2%
223 NOC NORTHROP GRUMMAN CORP Industrials 671.0 $458K 0.08% +118.0 +21.3% $682.24 -19.4%
224 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 2,871.0 $452K 0.08% +735.0 +34.4% $157.28 -0.8%
225 ASX ASE TECHNOLOGY HLDG CO LTD Technology 20,720.0 $449K 0.08% +955.0 +4.8% $21.68 +46.0%
226 PCAR PACCAR INC Industrials 3,878.0 $448K 0.08% +2K +65.2% $115.50 -3.3%
227 EXPE EXPEDIA GROUP INC Consumer Cyclical 1,938.0 $447K 0.08% +1K +126.9% $230.89 -6.9%
228 BDX BECTON DICKINSON & CO Healthcare 2,826.0 $444K 0.08% +1K +87.4% $157.23 -9.5%
229 DDOG DATADOG INC Technology 3,760.0 $444K 0.08% +2K +99.0% $118.05 +76.9%
230 EMR EMERSON ELEC CO Industrials 3,345.0 $438K 0.07% +352.0 +11.8% $131.02 +0.9%
231 RIO RIO TINTO PLC Basic Materials 4,694.0 $438K 0.07% +759.0 +19.3% $93.29 +10.8%
232 VST VISTRA CORP Utilities 2,901.0 $436K 0.07% +1K +53.1% $150.33 -9.0%
233 MMM 3M CO Industrials 2,925.0 $425K 0.07% +1K +57.7% $145.23 +5.0%
234 FITB FIFTH THIRD BANCORP Financial Services 9,122.0 $424K 0.07% +5K +101.4% $46.46 +3.2%
235 CAH CARDINAL HEALTH INC Healthcare 2,004.0 $423K 0.07% +465.0 +30.2% $211.31 -5.5%
236 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 4,573.0 $422K 0.07% +756.0 +19.8% $92.31 -0.6%
237 ECL ECOLAB INC Basic Materials 1,570.0 $418K 0.07% +307.0 +24.3% $266.02 -6.3%
238 CTAS CINTAS CORP Industrials 2,460.0 $416K 0.07% +42.0 +1.7% $169.14 +3.2%
239 PDD PDD HOLDINGS INC Consumer Cyclical 4,037.0 $413K 0.07% +1K +37.7% $102.18 -7.1%
240 HDB HDFC BANK LTD Financial Services 16,394.0 $408K 0.07% +947.0 +6.1% $24.88 -1.0%
Page 12 of 16  ·  310 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 37.5%
Financial Services 12.3%
Consumer Cyclical 8.4%
Communication Services 8.1%
Industrials 8.0%
Healthcare 8.0%
Consumer Defensive 5.0%
Energy 4.2%
Utilities 3.4%
Real Estate 2.9%