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Portfolio (Quarterly) Guide ↗

Breakwater Investment Management

· CIK 0002025925
13F Portfolio $276M AUM 497 positions Filed Feb 2, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 91 New 52 Added 66 Reduced 124 Exited
Page 3 of 5  ·  91 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CDZI CADIZ INC Utilities 96.0 $539.0 NEW $5.61 -23.2%
42 KVUE KENVUE INC Consumer Defensive 31.0 $535.0 NEW $17.26 -0.5%
43 KDP KEURIG DR PEPPER INC Consumer Defensive 19.0 $533.0 NEW $28.05 +4.0%
44 KTOS KRATOS DEFENSE & SEC SOLUTIO Industrials 7.0 $532.0 NEW $76.00 -29.6%
45 DXCM DEXCOM INC Healthcare 8.0 $531.0 NEW $66.38 +0.4%
46 REZI RESIDEO TECHNOLOGIES INC Industrials 15.0 $527.0 NEW $35.13 -22.7%
47 NWSA NEWS CORP NEW Communication Services 20.0 $523.0 NEW $26.15 +0.6%
48 FSLR FIRST SOLAR INC Energy 2.0 $523.0 NEW $261.50 -14.2%
49 WLDN WILLDAN GROUP INC Industrials 5.0 $519.0 NEW $103.80 -13.9%
50 ZM ZOOM COMMUNICATIONS INC Technology 6.0 $518.0 NEW $86.33 +12.8%
51 RHI ROBERT HALF INC. Industrials 19.0 $517.0 NEW $27.21 -5.3%
52 ECG EVERUS CONSTR GROUP Industrials 6.0 $514.0 NEW $85.67 +71.4%
53 PPG PPG INDS INC Basic Materials 5.0 $513.0 NEW $102.60 -1.0%
54 NVT NVENT ELECTRIC PLC Industrials 5.0 $510.0 NEW $102.00 +56.3%
55 OPXS OPTEX SYS HLDGS INC Industrials 35.0 $497.0 NEW $14.20 -25.5%
56 PRIM PRIMORIS SVCS CORP Industrials 4.0 $497.0 NEW $124.25 -15.0%
57 FRONTIER COMMUNICATIONS PARE 13.0 $495.0 NEW $38.08
58 TARS TARSUS PHARMACEUTICALS INC Healthcare 6.0 $492.0 NEW $82.00 -23.9%
59 JOBY JOBY AVIATION INC Industrials 37.0 $489.0 NEW $13.22 -23.5%
60 ATRO ASTRONICS CORP Industrials 9.0 $489.0 NEW $54.33 +46.7%
Page 3 of 5  ·  91 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 43.4%
Financial Services 26.1%
Consumer Cyclical 17.1%
Communication Services 6.3%
Healthcare 3.1%
Industrials 1.5%
Consumer Defensive 1.2%
Energy 0.8%
Basic Materials 0.3%
Utilities 0.1%