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Portfolio (Quarterly) Guide ↗

INVESTMENT PARTNERS, LTD.

· CIK 0001050068
13F Portfolio $286M AUM 149 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 3 New 37 Added 51 Reduced 8 Exited
Page 2 of 2  ·  37 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 XLE SELECT SECTOR SPDR TR 16,071.0 $719K 0.25% +8K +101.5% $44.71 +33.1%
22 XLB SELECT SECTOR SPDR TR 15,450.0 $701K 0.24% +8K +100.0% $45.35 +10.9%
23 ISRG INTUITIVE SURGICAL INC Healthcare 1,198.0 $678K 0.24% +54.0 +4.7% $566.36 -22.6%
24 MRK MERCK & CO INC Healthcare 5,021.0 $529K 0.18% +103.0 +2.1% $105.26 +16.3%
25 AOM ISHARES TR 10,541.0 $503K 0.18% +162.0 +1.6% $47.73 +3.5%
26 BLK BLACKROCK INC Financial Services 441.0 $472K 0.17% +20.0 +4.8% $1071.12 +0.2%
27 VST VISTRA CORP Utilities 2,686.0 $433K 0.15% +131.0 +5.1% $161.34 -3.1%
28 ADI ANALOG DEVICES INC Technology 1,593.0 $432K 0.15% +132.0 +9.0% $271.26 +46.4%
29 HON HONEYWELL INTL INC Industrials 2,208.0 $431K 0.15% +37.0 +1.7% $195.06 +16.8%
30 BKLN INVESCO EXCH TRADED FD TR II 18,480.0 $388K 0.14% +1K +8.8% $21.00 -2.5%
31 PANW PALO ALTO NETWORKS INC Technology 1,968.0 $363K 0.13% +96.0 +5.1% $184.20 +41.5%
32 NEE NEXTERA ENERGY INC Utilities 3,853.0 $309K 0.11% +308.0 +8.7% $80.28 +10.3%
33 PAVE GLOBAL X FDS 6,041.0 $289K 0.10% +942.0 +18.5% $47.79 +15.0%
34 ARTY ISHARES TR 5,985.0 $288K 0.10% +913.0 +18.0% $48.18 +42.8%
35 J JACOBS SOLUTIONS INC Industrials 1,879.0 $249K 0.09% +60.0 +3.3% $132.43 -13.4%
36 GIS GENERAL MLS INC Consumer Defensive 5,097.0 $237K 0.08% +334.0 +7.0% $46.50 -27.6%
37 IJR ISHARES TR 1,913.0 $230K 0.08% +74.0 +4.0% $120.19 +14.3%
Page 2 of 2  ·  37 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 34.9%
Financial Services 22.2%
Healthcare 11.0%
Industrials 7.1%
Consumer Defensive 7.1%
Consumer Cyclical 5.9%
Communication Services 5.6%
Energy 3.3%
Utilities 2.7%
Real Estate 0.2%