Phraction Management
COLCHESTER, CTfiles as Phraction Management LLC
$414m in 65 US stocks at the end of 30 June 2026. The top 10 are 51.3% of the money. It changed about 10.9% of the portfolio this quarter.
Value
$414m
Stocks
65
Top 10 share
51.3%
Turnover
10.9%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell InternationalHON1.7% of the fund
- Honeywell AerospaceHONA1.6% of the fund
Added
Bought more of a stock they already held.
- Thermo Fisher ScientificTMO4.2% of the fund+6%
- Berkshire HathawayBRK-B2.3% of the fund+3%
- Meta PlatformsMETA2.2% of the fund+150%
- Sprott Asset Management LPPHYS2.1% of the fund+9%
- SynopsysSNPS1.5% of the fund+4%
- Energy Transfer L P0.2% of the fund+4%
- Northrop GrummanNOC<0.1% of the fund+6%
- Splash Beverage Group<0.1% of the fund+77%
Cut
Sold some of their stake.
- AlphabetGOOGL6.6% of the fund-14%
- ASML Holding NVASML6.5% of the fund-6%
- Analog DevicesADI4.6% of the fund-38%
- EntegrisENTG4.2% of the fund-10%
- AlphabetGOOG3.8% of the fund-22%
- DanaherDHR3.2% of the fund-14%
- RTXRTX2.3% of the fund-11%
- S&P GlobalSPGI2.1% of the fund-18%
- Williams CompaniesWMB1.9% of the fund-2%
- Texas InstrumentsTXN1.9% of the fund-17%
- Lam ResearchLRCX1.7% of the fund-28%
- Bank of AmericaBAC1.3% of the fund-16%
- Philip Morris InternationalPM1.1% of the fund-5%
- MarketwiseMKTW0.4% of the fund-6%
- Invesco Exchange Traded FD TRSP0.3% of the fund-4%
- Mexican Economic DevelopmentFMX0.1% of the fund-3%
- Spdr Series TrustBIL<0.1% of the fund-82%
- FirstenergyFE<0.1% of the fund-4%
Sold out
Sold their entire stake.
Holdings
- Bank of Amer
- Share
- 3.7%
- Value
- $15m
- Shares
- 12,158
Held
- Sprott Asset Management LPPHYS
- Share
- 2.1%
- Value
- $9m
- Shares
- 290,467
+9%
- Wells Fargo
- Share
- 1.8%
- Value
- $8m
- Shares
- 6,522
Held
- Honeywell AerospaceHONA
- Share
- 1.6%
- Value
- $7m
- Shares
- 30,821
New
- Ishares Bitcoin Trust ETFIBIT
- Share
- 0.6%
- Value
- $3m
- Shares
- 75,200
Held
- BrookfieldBN
- Share
- 0.3%
- Value
- $1m
- Shares
- 30,172
Held
- Invesco Exchange Traded FD TRSP
- Share
- 0.3%
- Value
- $1m
- Shares
- 5,648
-4%
- Vaneck ETF TrustGDX
- Share
- 0.3%
- Value
- $1m
- Shares
- 13,770
Held
- Vanguard Intl Equity Index FVEU
- Share
- 0.2%
- Value
- $1m
- Shares
- 12,062
Held
- Vaneck ETF TrustMOAT
- Share
- 0.2%
- Value
- $945,516
- Shares
- 9,095
Held
- Invesco Exchange Traded FD TSPGP
- Share
- 0.2%
- Value
- $820,566
- Shares
- 6,710
Held
- Energy Transfer L P
- Share
- 0.2%
- Value
- $819,512
- Shares
- 71,510
+4%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.2%
- Value
- $787,096
- Shares
- 1,054
Held
- DBX ETF TRASHR
- Share
- 0.2%
- Value
- $645,583
- Shares
- 17,610
Held
- Ishares TRIHI
- Share
- 0.1%
- Value
- $548,006
- Shares
- 11,091
Held
- Ishares TRINDA
- Share
- 0.1%
- Value
- $503,580
- Shares
- 10,196
Held
- Proshares TRNOBL
- Share
- <0.1%
- Value
- $329,659
- Shares
- 5,870
Held
- Invesco QQQ TRQQQ
- Share
- <0.1%
- Value
- $312,970
- Shares
- 425
Held
- Spdr Series TrustBIL
- Share
- <0.1%
- Value
- $218,378
- Shares
- 2,383
-82%
- Splash Beverage Group
- Share
- <0.1%
- Value
- $19,165
- Shares
- 123,648
+77%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Amazon.comAMZN | 8.4% | $35m | 145,203 | Held |
| AlphabetGOOGL | 6.6% | $27m | 76,858 | -14% |
| ASML Holding NVASML | 6.5% | $27m | 13,512 | -6% |
| MicrosoftMSFT | 5.6% | $23m | 62,618 | Held |
| Analog DevicesADI | 4.6% | $19m | 47,530 | -38% |
| Thermo Fisher ScientificTMO | 4.2% | $17m | 34,535 | +6% |
| EntegrisENTG | 4.2% | $17m | 95,964 | -10% |
| AlphabetGOOG | 3.8% | $16m | 44,885 | -22% |
| Applied MaterialsAMAT | 3.7% | $15m | 21,394 | Held |
| Bank of Amer | 3.7% | $15m | 12,158 | Held |
| DanaherDHR | 3.2% | $13m | 69,059 | -14% |
| LindeLIN | 3.0% | $13m | 24,156 | Held |
| TransDigm GroupTDG | 2.5% | $10m | 7,754 | Held |
| VisaV | 2.4% | $10m | 29,298 | Held |
| RTXRTX | 2.3% | $10m | 50,960 | -11% |
| Berkshire HathawayBRK-B | 2.3% | $9m | 18,625 | +3% |
| Meta PlatformsMETA | 2.2% | $9m | 15,964 | +150% |
| Sprott Asset Management LPPHYS | 2.1% | $9m | 290,467 | +9% |
| S&P GlobalSPGI | 2.1% | $9m | 21,505 | -18% |
| Williams CompaniesWMB | 1.9% | $8m | 108,275 | -2% |
| Teledyne TechnologiesTDY | 1.9% | $8m | 11,944 | Held |
| Texas InstrumentsTXN | 1.9% | $8m | 26,146 | -17% |
| Wells Fargo | 1.8% | $8m | 6,522 | Held |
| Becton DickinsonBDX | 1.7% | $7m | 46,448 | Held |
| Honeywell InternationalHON | 1.7% | $7m | 30,832 | New |
| Lam ResearchLRCX | 1.7% | $7m | 15,774 | -28% |
| Honeywell AerospaceHONA | 1.6% | $7m | 30,821 | New |
| SynopsysSNPS | 1.5% | $6m | 14,316 | +4% |
| Bank of AmericaBAC | 1.3% | $5m | 95,835 | -16% |
| Intercontinental ExchangeICE | 1.1% | $5m | 37,525 | Held |
| Philip Morris InternationalPM | 1.1% | $5m | 25,004 | -5% |
| Ferguson EnterprisesFERG | 1.1% | $4m | 18,375 | Held |
| Ishares Bitcoin Trust ETFIBIT | 0.6% | $3m | 75,200 | Held |
| PepsiCoPEP | 0.5% | $2m | 14,666 | Held |
| MarketwiseMKTW | 0.4% | $2m | 92,316 | -6% |
| NvidiaNVDA | 0.4% | $2m | 8,000 | Held |
| Boston ScientificBSX | 0.4% | $2m | 36,558 | Held |
| EatonETN | 0.3% | $1m | 3,238 | Held |
| BrookfieldBN | 0.3% | $1m | 30,172 | Held |
| Invesco Exchange Traded FD TRSP | 0.3% | $1m | 5,648 | -4% |
| Vaneck ETF TrustGDX | 0.3% | $1m | 13,770 | Held |
| AppleAAPL | 0.2% | $1m | 3,499 | Held |
| Vanguard Intl Equity Index FVEU | 0.2% | $1m | 12,062 | Held |
| Vaneck ETF TrustMOAT | 0.2% | $945,516 | 9,095 | Held |
| Invesco Exchange Traded FD TSPGP | 0.2% | $820,566 | 6,710 | Held |
| Energy Transfer L P | 0.2% | $819,512 | 71,510 | +4% |
| Enterprise Products Partners L.P.EPD | 0.2% | $816,403 | 22,209 | Held |
| State STR Spdr S&P 500 ETF TSPY | 0.2% | $787,096 | 1,054 | Held |
| DBX ETF TRASHR | 0.2% | $645,583 | 17,610 | Held |
| Ishares TRIHI | 0.1% | $548,006 | 11,091 | Held |
| Ishares TRINDA | 0.1% | $503,580 | 10,196 | Held |
| Mexican Economic DevelopmentFMX | 0.1% | $491,776 | 3,845 | -3% |
| Home DepotHD | 0.1% | $435,560 | 1,235 | Held |
| Super Group (SGHC)SGHC | <0.1% | $406,920 | 30,031 | Held |
| BroadcomAVGO | <0.1% | $377,750 | 1,000 | Held |
| MARA HoldingsMARA | <0.1% | $347,250 | 25,000 | Held |
| Proshares TRNOBL | <0.1% | $329,659 | 5,870 | Held |
| Invesco QQQ TRQQQ | <0.1% | $312,970 | 425 | Held |
| Northrop GrummanNOC | <0.1% | $308,133 | 605 | +6% |
| Regeneron PharmaceuticalsREGN | <0.1% | $228,839 | 367 | Held |
| Spdr Series TrustBIL | <0.1% | $218,378 | 2,383 | -82% |
| FirstenergyFE | <0.1% | $209,414 | 4,405 | -4% |
| SUI Group HoldingsSUIG | <0.1% | $37,190 | 32,060 | Held |
| Fractyl HealthGUTS | <0.1% | $32,570 | 41,000 | Held |
| Splash Beverage Group | <0.1% | $19,165 | 123,648 | +77% |
Options (1)
- State STR Spdr S&P 500 ETF TSPY
- Type
- Put
- Value
- $181m
- Contracts
- 243,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| State STR Spdr S&P 500 ETF TSPY | Put | $181m | 243,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 32.4% since 30 June 2025.
Where the money is
Technology26.2%
Industrials16.1%
Media & telecom12.6%
Health care9.5%
Financial services9.3%
Retail & consumer8.6%
Materials3.0%
Energy1.9%
Everyday goods1.7%
Real estate0.3%
Utilities0.2%
Other10.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.