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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 11 of 25  ·  497 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
201 WFC WELLS FARGO CO NEW Financial Services 178.0 $17K 0.01% $93.20 -20.2%
202 DTE DTE ENERGY CO Utilities 128.0 $17K 0.01% $128.98 +9.6%
203 IJR ISHARES TR 136.0 $16K 0.01% $120.18 +10.8%
204 EWN ISHARES INC 275.0 $16K 0.01% $57.03 +11.9%
205 INDY ISHARES TR 316.0 $16K 0.01% $49.29 -15.3%
206 IEMG ISHARES INC 230.0 $15K 0.01% -23.0 -9.1% $67.22 +16.8%
207 OEF ISHARES TR 45.0 $15K 0.01% $342.98 +6.8%
208 RTX RTX CORPORATION Industrials 81.0 $15K 0.01% -145.0 -64.2% $183.41 -4.1%
209 PEP PEPSICO INC Consumer Defensive 102.0 $15K 0.01% -7.0 -6.4% $143.53 +3.9%
210 EIRL ISHARES TR 191.0 $14K 0.01% $73.51 -1.1%
211 VAW VANGUARD WORLD FD 65.0 $13K 0.01% $207.55 +6.7%
212 RWX SPDR INDEX SHS FDS 477.0 $13K 0.01% $28.00 -2.4%
213 TXN TEXAS INSTRS INC Technology 76.0 $13K 0.01% $173.50 +73.3%
214 PRIV SSGA ACTIVE TR 516.0 $13K 0.01% NEW $25.42 -2.2%
215 EWC ISHARES INC 242.0 $13K 0.01% $53.93 +6.6%
216 IGE ISHARES TR 255.0 $13K 0.01% $50.20 +23.9%
217 INDA ISHARES TR 235.0 $13K 0.01% $54.05 -12.5%
218 ISHARES TR 146.0 $13K 0.01% $86.47
219 ICLN ISHARES TR 766.0 $13K 0.01% $16.43 +27.7%
220 IBIT ISHARES BITCOIN TRUST ETF Financial Services 253.0 $13K 0.01% $49.65 -12.4%
Page 11 of 25  ·  497 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%