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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 4  ·  66 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 ESGV VANGUARD WORLD FD 229.0 $28K 0.01% -8.0 -3.4% $120.96 +6.5%
42 IEMG ISHARES INC 230.0 $15K 0.01% -23.0 -9.1% $67.22 +16.8%
43 RTX RTX CORPORATION Industrials 81.0 $15K 0.01% -145.0 -64.2% $183.41 -4.1%
44 PEP PEPSICO INC Consumer Defensive 102.0 $15K 0.01% -7.0 -6.4% $143.53 +3.9%
45 MRK MERCK & CO INC Healthcare 109.0 $11K 0.00% -650.0 -85.6% $105.27 +6.9%
46 SCHA SCHWAB STRATEGIC TR 402.0 $11K 0.00% -1K -71.4% $28.48 +12.6%
47 VLTO VERALTO CORP Industrials 113.0 $11K 0.00% -5.0 -4.2% $99.79 -13.1%
48 KO COCA COLA CO Consumer Defensive 87.0 $6K 0.00% -289.0 -76.9% $69.92 +16.1%
49 RSP INVESCO EXCHANGE TRADED FD T 29.0 $6K 0.00% -473.0 -94.2% $191.59 +5.2%
50 TSLA TESLA INC Consumer Cyclical 11.0 $5K 0.00% -3.0 -21.4% $449.73 -8.8%
51 UNH UNITEDHEALTH GROUP INC Healthcare 10.0 $3K 0.00% -3.0 -23.1% $330.20 +18.5%
52 LHX L3HARRIS TECHNOLOGIES INC Industrials 10.0 $3K 0.00% -2.0 -16.7% $293.60 +6.0%
53 BSX BOSTON SCIENTIFIC CORP Healthcare 24.0 $2K 0.00% -5.0 -17.2% $95.38 -40.4%
54 AJG GALLAGHER ARTHUR J & CO Financial Services 8.0 $2K 0.00% -2.0 -20.0% $258.88 -21.4%
55 PGR PROGRESSIVE CORP Financial Services 8.0 $2K 0.00% -5.0 -38.5% $227.75 -10.4%
56 TE T1 ENERGY INC Industrials 217.0 $1K 0.00% -86.0 -28.4% $6.68 +4.8%
57 ETN EATON CORP PLC Industrials 4.0 $1K -6.0 -60.0% $318.75 +19.8%
58 GD GENERAL DYNAMICS CORP Industrials 2.0 $674.0 -3.0 -60.0% $337.00 +1.8%
59 MLM MARTIN MARIETTA MATLS INC Basic Materials 1.0 $623.0 -5.0 -83.3% $623.00 -10.8%
60 ADSK AUTODESK INC Technology 2.0 $593.0 -2.0 -50.0% $296.50 -17.7%
Page 3 of 4  ·  66 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%