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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 22 of 25  ·  497 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
421 AIG AMERICAN INTL GROUP INC Financial Services 6.0 $514.0 $85.67 -9.5%
422 ECG EVERUS CONSTR GROUP Industrials 6.0 $514.0 NEW $85.67 +73.3%
423 QCOM QUALCOMM INC Technology 3.0 $514.0 $171.33 +18.9%
424 HUM HUMANA INC Healthcare 2.0 $513.0 $256.50 +19.3%
425 PPG PPG INDS INC Basic Materials 5.0 $513.0 NEW $102.60 +1.0%
426 TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 2.0 $513.0 $256.50 -5.6%
427 EW EDWARDS LIFESCIENCES CORP Healthcare 6.0 $512.0 -8.0 -57.1% $85.33 -3.4%
428 MCO MOODYS CORP Financial Services 1.0 $511.0 $511.00 -13.2%
429 NKE NIKE INC Consumer Cyclical 8.0 $510.0 +2.0 +33.3% $63.75 -33.2%
430 NVT NVENT ELECTRIC PLC Industrials 5.0 $510.0 NEW $102.00 +57.5%
431 IT GARTNER INC Technology 2.0 $505.0 -1.0 -33.3% $252.50 -38.4%
432 CHD CHURCH & DWIGHT CO INC Consumer Defensive 6.0 $504.0 +1.0 +20.0% $84.00 +14.0%
433 ATO ATMOS ENERGY CORP Utilities 3.0 $503.0 $167.67 +6.0%
434 ABT ABBOTT LABS Healthcare 4.0 $502.0 -4.0 -50.0% $125.50 -29.2%
435 CBOE CBOE GLOBAL MKTS INC Financial Services 2.0 $502.0 $251.00 +44.6%
436 CNP CENTERPOINT ENERGY INC Utilities 13.0 $499.0 $38.38 +8.7%
437 OPXS OPTEX SYS HLDGS INC Industrials 35.0 $497.0 NEW $14.20 -27.7%
438 PRIM PRIMORIS SVCS CORP Industrials 4.0 $497.0 NEW $124.25 -8.8%
439 FRONTIER COMMUNICATIONS PARE 13.0 $495.0 NEW $38.08
440 TARS TARSUS PHARMACEUTICALS INC Healthcare 6.0 $492.0 NEW $82.00 -23.4%
Page 22 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%