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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 14 of 16  ·  310 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 NGG NATIONAL GRID PLC Utilities 4,420.0 $374K 0.06% +919.0 +26.2% $84.60 -1.2%
262 BTI BRITISH AMERN TOB PLC Consumer Defensive 6,327.0 $370K 0.06% +2K +40.4% $58.47 +13.2%
263 UBS UBS GROUP AG Financial Services 9,318.0 $364K 0.06% +2K +24.1% $39.07 +18.3%
264 AJG GALLAGHER ARTHUR J & CO Financial Services 1,624.0 $352K 0.06% +415.0 +34.3% $216.58 -4.6%
265 IQVIA HLDGS INC 2,061.0 $351K 0.06% +312.0 +17.8% $170.54
266 AMT AMERICAN TOWER CORP Real Estate 2,024.0 $349K 0.06% +35.0 +1.8% $172.58 +1.0%
267 HBAN HUNTINGTON BANCSHARES INC Financial Services 21,882.0 $342K 0.06% +8K +63.4% $15.65 -0.7%
268 NUE NUCOR CORP Basic Materials 2,007.0 $339K 0.06% +380.0 +23.4% $169.10 +32.7%
269 BUD ANHEUSER BUSCH INBEV SA NV Consumer Defensive 4,889.0 $339K 0.06% +1K +26.3% $69.37 +16.7%
270 NSC NORFOLK SOUTHN CORP Industrials 1,171.0 $336K 0.06% +216.0 +22.6% $287.00 +11.7%
271 IDXX IDEXX LABS INC Healthcare 597.0 $335K 0.06% +66.0 +12.4% $561.89 -3.7%
272 CMG CHIPOTLE MEXICAN GRILL INC Consumer Cyclical 10,363.0 $332K 0.06% +2K +24.1% $32.01 +3.9%
273 TDG TRANSDIGM GROUP INC Industrials 284.0 $329K 0.06% +68.0 +31.5% $1158.96 +1.9%
274 CMS CMS ENERGY CORP Utilities 4,206.0 $326K 0.06% +1K +44.5% $77.58 -7.2%
275 SONY SONY GROUP CORP Technology 15,608.0 $323K 0.06% +4K +37.3% $20.70 +9.4%
276 AMP AMERIPRISE FINL INC Financial Services 723.0 $321K 0.06% +160.0 +28.4% $444.40 +6.7%
277 ICICI BANK LIMITED 12,292.0 $318K 0.05% +4K +41.8% $25.90
278 CBOE CBOE GLOBAL MKTS INC Financial Services 1,121.0 $315K 0.05% +294.0 +35.5% $281.07 +30.6%
279 LYG LLOYDS BANKING GROUP PLC Financial Services 61,456.0 $309K 0.05% +12K +23.6% $5.03 +2.9%
280 SHW SHERWIN WILLIAMS CO Basic Materials 941.0 $302K 0.05% +194.0 +26.0% $320.55 -5.6%
Page 14 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%