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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 19 of 25  ·  497 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
361 KRMN KARMAN HLDGS INC Industrials 8.0 $586.0 NEW $73.25 -12.4%
362 FOXA FOX CORP Communication Services 8.0 $585.0 NEW $73.12 -11.7%
363 BK BANK NEW YORK MELLON CORP Financial Services 5.0 $581.0 $116.20 +18.0%
364 FDS FACTSET RESH SYS INC Financial Services 2.0 $581.0 NEW $290.50 -23.6%
365 APOS APOLLO GLOBAL MGMT INC Financial Services 4.0 $580.0 NEW $145.00 -82.1%
366 PCG PG&E CORP Utilities 36.0 $579.0 $16.08 +2.0%
367 FDX FEDEX CORP Industrials 2.0 $578.0 NEW $289.00 +29.7%
368 AEP AMERICAN ELEC PWR CO INC Utilities 5.0 $577.0 $115.40 +11.7%
369 ERIE ERIE INDTY CO Financial Services 2.0 $574.0 NEW $287.00 -22.2%
370 COOPER COS INC 7.0 $574.0 NEW $82.00
371 HBAN HUNTINGTON BANCSHARES INC Financial Services 33.0 $573.0 NEW $17.36 -11.0%
372 DIV GLOBAL X FDS 33.0 $572.0 $17.33 +12.4%
373 VECO VEECO INSTRS INC DEL Technology 20.0 $572.0 $28.60 +91.2%
374 VMC VULCAN MATLS CO Basic Materials 2.0 $571.0 $285.50 -9.1%
375 EXPE EXPEDIA GROUP INC Consumer Cyclical 2.0 $567.0 $283.50 -24.2%
376 HOOD ROBINHOOD MKTS INC Financial Services 5.0 $566.0 $113.20 -34.5%
377 PRU PRUDENTIAL FINL INC Financial Services 5.0 $565.0 $113.00 -10.5%
378 UAL UNITED AIRLS HLDGS INC Industrials 5.0 $560.0 $112.00 -20.4%
379 COLB COLUMBIA BKG SYS INC Financial Services 20.0 $559.0 $27.95 +2.8%
380 WELL WELLTOWER INC Real Estate 3.0 $557.0 $185.67 +17.4%
Page 19 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%