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Portfolio (Quarterly) Guide ↗

SYNTAX RESEARCH, INC.

· CIK 0001999827
13F Portfolio $156M AUM Filed Nov 4, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 173 New
Page 2 of 9  ·  173 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 FCX FREEPORT-MCMORAN INC Basic Materials 65,464.0 $2.6M 1.65% NEW $39.22 +58.9%
22 JPM JPMORGAN CHASE & CO. Financial Services 7,836.0 $2.5M 1.59% NEW $315.42 -3.9%
23 TLT ISHARES TR 26,278.0 $2.3M 1.51% NEW $89.37 -5.8%
24 FDX FEDEX CORP Industrials 9,843.0 $2.3M 1.49% NEW $235.80 +64.9%
25 IEUR ISHARES TR 33,290.0 $2.3M 1.46% NEW $68.12 +11.1%
26 ZTS ZOETIS INC Healthcare 14,710.0 $2.2M 1.38% NEW $146.32 -45.5%
27 XLV SELECT SECTOR SPDR TR 13,716.0 $1.9M 1.23% NEW $139.17 +6.5%
28 FENY FIDELITY COVINGTON TRUST 76,986.0 $1.9M 1.22% NEW $24.72 +33.2%
29 ABNB AIRBNB INC Consumer Cyclical 15,357.0 $1.9M 1.20% NEW $121.42 +10.6%
30 QUAL ISHARES TR 9,569.0 $1.9M 1.20% NEW $194.49 +9.4%
31 UPS UNITED PARCEL SERVICE INC Industrials 21,473.0 $1.8M 1.15% NEW $83.53 +18.4%
32 LMT LOCKHEED MARTIN CORP Industrials 3,545.0 $1.8M 1.14% NEW $499.23 +4.7%
33 COP CONOCOPHILLIPS Energy 15,529.0 $1.5M 0.94% NEW $94.59 +27.4%
34 SLB SCHLUMBERGER LTD Energy 42,610.0 $1.5M 0.94% NEW $34.37 +66.7%
35 USMV ISHARES TR 15,103.0 $1.4M 0.92% NEW $95.14 +0.9%
36 NOC NORTHROP GRUMMAN CORP Industrials 2,000.0 $1.2M 0.78% NEW $609.32 -9.5%
37 EQIX EQUINIX INC Real Estate 1,500.0 $1.2M 0.76% NEW $783.24 +37.7%
38 AMAT APPLIED MATLS INC Technology 5,505.0 $1.1M 0.72% NEW $204.75 +108.7%
39 WWD WOODWARD INC Industrials 4,000.0 $1.0M 0.65% NEW $252.71 +41.0%
40 AMZN AMAZON COM INC Consumer Cyclical 4,300.0 $944K 0.61% NEW $219.57 +22.3%
Page 2 of 9  ·  173 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 36.8%
Financial Services 12.9%
Industrials 12.7%
Communication Services 8.0%
Healthcare 7.8%
Real Estate 5.8%
Energy 5.7%
Consumer Cyclical 4.2%
Basic Materials 4.2%
Consumer Defensive 1.6%