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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 16 of 16  ·  310 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
301 BCS BARCLAYS PLC Financial Services 10,016.0 $212K 0.04% +1K +11.9% $21.16 +6.5%
302 NOK NOKIA CORP Technology 25,815.0 $208K 0.04% +5K +24.9% $8.04 +79.9%
303 ERIC TELEFONAKTIEBOLAGET LM ERICS Technology 18,285.0 $206K 0.04% +2K +15.1% $11.27 +12.4%
304 CCL CARNIVAL CORP Consumer Cyclical 7,747.0 $200K 0.03% +965.0 +14.2% $25.88 -4.8%
305 HLN HALEON PLC Healthcare 14,803.0 $148K 0.03% +3K +23.5% $10.01 -11.0%
306 NMR NOMURA HLDGS INC Financial Services 15,616.0 $123K 0.02% +5K +48.0% $7.89 +2.4%
307 COTY COTY INC Consumer Defensive 43,402.0 $87K 0.01% +25K +135.6% $2.01 +6.0%
308 BBD BANCO BRADESCO S A Financial Services 21,968.0 $80K 0.01% +1K +7.1% $3.65 -4.9%
309 ABEV AMBEV SA Consumer Defensive 26,087.0 $76K 0.01% +6K +28.1% $2.92 +5.1%
310 WIT WIPRO LTD Technology 30,653.0 $65K 0.01% +15K +95.9% $2.12 -12.7%
Page 16 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%