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Portfolio (Quarterly) Guide ↗

SYNTAX RESEARCH, INC.

· CIK 0001999827
13F Portfolio $162M AUM 193 positions Filed Feb 2, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 9 New 25 Added 29 Reduced 8 Exited
Page 8 of 9  ·  173 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 CSX CSX CORP Industrials 324.0 $12K 0.01% $36.25 +26.6%
142 UAL UNITED AIRLS HLDGS INC Industrials 100.0 $11K 0.01% $111.82 -12.3%
143 SJM SMUCKER J M CO Consumer Defensive 112.0 $11K 0.01% $97.81 +2.7%
144 CWB SPDR SERIES TRUST 122.0 $11K 0.01% $89.20 +18.1%
145 BKNG BOOKING HOLDINGS INC Consumer Cyclical 2.0 $11K 0.01% $5355.50 -97.0%
146 WYNN WYNN RESORTS LTD Consumer Cyclical 89.0 $11K 0.01% $120.34 -18.5%
147 GS GOLDMAN SACHS GROUP INC Financial Services 12.0 $11K 0.01% $879.00 +12.4%
148 MELI MERCADOLIBRE INC Consumer Cyclical 5.0 $10K 0.01% $2014.40 -16.7%
149 ADP AUTOMATIC DATA PROCESSING IN Industrials 39.0 $10K 0.01% $257.23 -14.4%
150 LVS LAS VEGAS SANDS CORP Consumer Cyclical 129.0 $8K 0.01% $65.09 -24.0%
151 CCL CARNIVAL CORP Consumer Cyclical 260.0 $8K 0.01% $30.54 -14.3%
152 PFF ISHARES TR 255.0 $8K 0.01% $30.96 +0.5%
153 MCD MCDONALDS CORP Consumer Cyclical 25.0 $8K 0.01% $305.64 -7.0%
154 DAL DELTA AIR LINES INC DEL Industrials 100.0 $7K 0.00% $69.40 +9.0%
155 MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 190.0 $7K 0.00% $36.49 +3.2%
156 BX BLACKSTONE INC Financial Services 45.0 $7K 0.00% $153.82 -22.9%
157 SHEL SHELL PLC Energy 83.0 $6K 0.00% $73.48 +18.0%
158 ALL ALLSTATE CORP Financial Services 28.0 $6K 0.00% $208.18 +3.0%
159 LUV SOUTHWEST AIRLS CO Industrials 138.0 $6K 0.00% $41.33 -1.3%
160 WMT WALMART INC Consumer Defensive 50.0 $6K 0.00% $111.42 +17.4%
Page 8 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 38.8%
Financial Services 11.6%
Real Estate 11.4%
Industrials 10.8%
Communication Services 9.0%
Healthcare 5.2%
Consumer Cyclical 4.5%
Basic Materials 4.2%
Energy 3.7%
Consumer Defensive 0.5%