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Portfolio (Quarterly) Guide ↗

TRAPHAGEN INVESTMENT ADVISORS LLC

· CIK 0002023380
13F Portfolio $1.2B AUM 196 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 14 New 83 Added 46 Reduced 10 Exited
Page 3 of 3  ·  46 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 SYK STRYKER CORPORATION Healthcare 810.0 $285K 0.02% -26.0 -3.1% $351.60 -11.6%
42 MTB M & T BK CORP Financial Services 1,286.0 $259K 0.02% -47.0 -3.5% $201.47 +2.3%
43 MS MORGAN STANLEY Financial Services 1,371.0 $243K 0.02% -16.0 -1.1% $177.58 +8.2%
44 PHO INVESCO EXCHANGE TRADED FD T 3,426.0 $241K 0.02% -107.0 -3.0% $70.42 -7.9%
45 NOBL PROSHARES TR 2,003.0 $208K 0.02% -109.0 -5.2% $104.09 +2.2%
46 BLACKROCK INVT QUALITY MUN T 11,115.0 $124K 0.01% -11K -49.7% $11.20
Page 3 of 3  ·  46 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
Financial Services 34.8%
Technology 30.6%
Communication Services 7.6%
Consumer Cyclical 6.4%
Healthcare 5.3%
Industrials 4.7%
Consumer Defensive 4.1%
Utilities 3.7%
Energy 2.5%
Basic Materials 0.3%