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Portfolio (Quarterly) Guide ↗

Frank, Rimerman Advisors LLC

· CIK 0001977560
13F Portfolio $1.6B AUM 600 positions Filed Jan 15, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 61 New 259 Added 105 Reduced 54 Exited
Page 6 of 13  ·  259 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 SPG SIMON PPTY GROUP INC NEW Real Estate 7,502.0 $1.4M 0.09% +82.0 +1.1% $185.11 +10.4%
102 WM WASTE MGMT INC DEL Industrials 6,282.0 $1.4M 0.09% +4K +141.2% $219.71 -0.8%
103 AEP AMERICAN ELEC PWR CO INC Utilities 11,496.0 $1.3M 0.08% +525.0 +4.8% $115.31 +14.1%
104 SHG SHINHAN FINANCIAL GROUP CO L Financial Services 24,212.0 $1.3M 0.08% +12K +96.0% $53.63 +19.9%
105 HSBC HSBC HLDGS PLC Financial Services 16,405.0 $1.3M 0.08% +245.0 +1.5% $78.67 +17.0%
106 MDT MEDTRONIC PLC Healthcare 13,091.0 $1.3M 0.08% +766.0 +6.2% $96.06 -18.2%
107 BA BOEING CO Industrials 5,655.0 $1.2M 0.08% +948.0 +20.1% $217.12 +0.9%
108 KHC KRAFT HEINZ CO Consumer Defensive 49,856.0 $1.2M 0.08% +19K +62.5% $24.25 -1.9%
109 PKX POSCO HOLDINGS INC Basic Materials 22,300.0 $1.2M 0.07% +14K +156.9% $53.21 +40.0%
110 D DOMINION ENERGY INC Utilities 19,873.0 $1.2M 0.07% +134.0 +0.7% $58.59 +15.5%
111 CVS CVS HEALTH CORP Healthcare 14,566.0 $1.2M 0.07% +4K +39.0% $79.36 +17.5%
112 NOC NORTHROP GRUMMAN CORP Industrials 1,973.0 $1.1M 0.07% +16.0 +0.8% $570.21 -2.6%
113 AMCOR PLC 134,798.0 $1.1M 0.07% +29K +27.0% $8.34
114 ANET ARISTA NETWORKS INC Technology 8,545.0 $1.1M 0.07% +103.0 +1.2% $131.03 +17.6%
115 MRSH MARSH & MCLENNAN COS INC Financial Services 6,008.0 $1.1M 0.07% +3K +91.5% $185.52 -11.5%
116 FDX FEDEX CORP Industrials 3,847.0 $1.1M 0.07% +107.0 +2.9% $288.86 +36.5%
117 CEG CONSTELLATION ENERGY CORP Utilities 3,135.0 $1.1M 0.07% +40.0 +1.3% $353.27 -16.8%
118 MSCI MSCI INC Financial Services 1,924.0 $1.1M 0.07% +16.0 +0.8% $573.73 +2.6%
119 MAR MARRIOTT INTL INC NEW Consumer Cyclical 3,558.0 $1.1M 0.07% +226.0 +6.8% $310.24 +19.0%
120 AON AON PLC Financial Services 3,121.0 $1.1M 0.07% +34.0 +1.1% $352.88 -8.0%
Page 6 of 13  ·  259 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 31.5%
Financial Services 20.8%
Communication Services 16.8%
Consumer Cyclical 7.4%
Healthcare 7.2%
Industrials 5.7%
Consumer Defensive 3.6%
Energy 2.4%
Utilities 1.9%
Real Estate 1.4%