Polaris Investment Advisors

FRAMINGHAM, MAfiles as Polaris Investment Advisors, LLC

$156m in 78 US stocks at the end of 30 June 2026. The top 10 are 58.0% of the money. It changed about 14.1% of the portfolio this quarter.

Value

$156m

Stocks

Top 10 share

58.0%

Turnover

14.1%

What changed this quarter

New

Bought for the first time this quarter.

Blackrock ETF TrustCORO
1.0% of the fund
Blackrock ETF TrustIALT
0.7% of the fund
Blackrock ETF Trust IIGGOV
0.5% of the fund
Advanced Micro DevicesAMD
0.3% of the fund
Ishares TRSOXX
0.2% of the fund
IsharesEMXC
0.1% of the fund
Invesco QQQ TRQQQ
0.1% of the fund
Ishares TRIMTM
0.1% of the fund
TeslaTSLA
0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIVV
15.4% of the fund
+39%
Ishares TRIUSB
6.3% of the fund
+21%
Ishares TREFG
3.0% of the fund
+88%
Blackrock ETF TrustBLCR
2.1% of the fund
+122%
Blackrock ETF TrustIDEF
1.7% of the fund
+149%
Ishares TRMBB
1.3% of the fund
+7%
Ishares TRGOVT
1.3% of the fund
+92%
Ishares TRLMUB
0.8% of the fund
+59%
Ishares TRUSMV
0.2% of the fund
+12%

Cut

Sold some of their stake.

Ishares TRIVW
7.0% of the fund
-4%
Blackrock ETF TrustDYNF
6.0% of the fund
-8%
Ishares TRIVE
5.5% of the fund
-17%
IsharesIEMG
4.5% of the fund
-23%
Blackrock ETF TrustBAI
3.2% of the fund
-14%
Ishares TREFV
3.0% of the fund
-34%
Ishares TRMTUM
2.6% of the fund
-14%
Blackrock ETF TrustTHRO
2.3% of the fund
-13%
Ishares TRTLH
2.1% of the fund
-10%
AlphabetGOOG
1.7% of the fund
-22%
Ishares TRQUAL
1.7% of the fund
-40%
Ishares TRMUB
1.4% of the fund
-18%
AppleAAPL
1.0% of the fund
-6%
Ishares TROEF
0.9% of the fund
-72%
Ishares Gold TRIAU
0.7% of the fund
-25%
Vanguard Index FDSVTI
0.6% of the fund
-2%
Ishares TRIAGG
0.6% of the fund
-49%
State STR Spdr S&P 500 ETF TSPY
0.6% of the fund
-12%
Select Sector Spdr TRXLF
0.4% of the fund
-52%
Blackrock ETF Trust IIBINC
0.4% of the fund
-53%
Ishares TRSUB
0.3% of the fund
-9%
Ishares TRIYW
0.3% of the fund
-5%
Select Sector Spdr TRXLV
0.3% of the fund
-5%
Ishares TRIWP
0.2% of the fund
-31%
Ishares TRITA
0.2% of the fund
-72%

Sold out

Sold their entire stake.

Fidelity Merrimack STR TRFBND
-100%

Holdings

Ishares TRIVV
Share
15.4%
Value
$24m
Shares
32,049
+39%
Ishares TRIVW
Share
7.0%
Value
$11m
Shares
79,223
-4%
Ishares TRIUSB
Share
6.3%
Value
$10m
Shares
212,398
+21%
Blackrock ETF TrustDYNF
Share
6.0%
Value
$9m
Shares
137,720
-8%
Ishares TRIVE
Share
5.5%
Value
$9m
Shares
37,775
-17%
IsharesIEMG
Share
4.5%
Value
$7m
Shares
85,002
-23%
AlphabetGOOGL
Share
4.2%
Value
$7m
Shares
18,239
Held
Blackrock ETF TrustBAI
Share
3.2%
Value
$5m
Shares
93,827
-14%
Ishares TREFG
Share
3.0%
Value
$5m
Shares
38,006
+88%
Ishares TREFV
Share
3.0%
Value
$5m
Shares
61,689
-34%
Ishares TRMTUM
Share
2.6%
Value
$4m
Shares
11,885
-14%
Blackrock ETF TrustTHRO
Share
2.3%
Value
$4m
Shares
83,360
-13%
Ishares TRTLH
Share
2.1%
Value
$3m
Shares
32,500
-10%
Blackrock ETF TrustBLCR
Share
2.1%
Value
$3m
Shares
63,792
+122%
AlphabetGOOG
Share
1.7%
Value
$3m
Shares
7,563
-22%
Blackrock ETF TrustIDEF
Share
1.7%
Value
$3m
Shares
84,002
+149%
Ishares TRQUAL
Share
1.7%
Value
$3m
Shares
12,109
-40%
Ishares TRIJH
Share
1.7%
Value
$3m
Shares
33,729
Held
Ishares TRMUB
Share
1.4%
Value
$2m
Shares
20,654
-18%
Ishares TRMBB
Share
1.3%
Value
$2m
Shares
21,779
+7%
Ishares TRGOVT
Share
1.3%
Value
$2m
Shares
86,799
+92%
Select Sector Spdr TRXLK
Share
1.2%
Value
$2m
Shares
9,480
Held
Blackrock ETF TrustCORO
Share
1.0%
Value
$1m
Shares
40,758
New
AppleAAPL
Share
1.0%
Value
$1m
Shares
5,127
-6%
Ishares TROEF
Share
0.9%
Value
$1m
Shares
3,785
-72%
Ishares TRIWB
Share
0.8%
Value
$1m
Shares
3,225
Held
Ishares TRLMUB
Share
0.8%
Value
$1m
Shares
23,304
+59%
Blackrock ETF TrustIALT
Share
0.7%
Value
$1m
Shares
40,731
New
Vanguard Tax-Managed FDSVEA
Share
0.7%
Value
$1m
Shares
15,412
Held
Ishares Gold TRIAU
Share
0.7%
Value
$1m
Shares
13,943
-25%
NvidiaNVDA
Share
0.7%
Value
$1m
Shares
5,150
Held
Vanguard Index FDSVTI
Share
0.6%
Value
$994,668
Shares
2,688
-2%
Ishares TRIAGG
Share
0.6%
Value
$984,069
Shares
19,448
-49%
Ishares TRIWR
Share
0.6%
Value
$875,012
Shares
7,932
Held
State STR Spdr S&P 500 ETF TSPY
Share
0.6%
Value
$861,325
Shares
1,153
-12%
Blackrock ETF Trust IIGGOV
Share
0.5%
Value
$839,944
Shares
16,702
New
Amazon.comAMZN
Share
0.5%
Value
$705,486
Shares
2,960
Held
Vanguard MUN BD FDSVTEB
Share
0.4%
Value
$693,199
Shares
13,705
Held
Select Sector Spdr TRXLF
Share
0.4%
Value
$654,656
Shares
12,211
-52%
Kimberly-ClarkKMB
Share
0.4%
Value
$654,559
Shares
5,963
Held
Blackrock ETF Trust IIBINC
Share
0.4%
Value
$634,727
Shares
12,127
-53%
Vanguard Index FDSVTV
Share
0.4%
Value
$605,618
Shares
2,779
Held
Ishares TRIJR
Share
0.4%
Value
$585,702
Shares
3,949
Held
General ElectricGE
Share
0.4%
Value
$578,160
Shares
1,547
Held
Ishares TRIWF
Share
0.3%
Value
$482,553
Shares
3,886
Held
Advanced Micro DevicesAMD
Share
0.3%
Value
$480,413
Shares
827
New
Ishares TRIWM
Share
0.3%
Value
$470,805
Shares
1,567
Held
LindeLIN
Share
0.3%
Value
$468,603
Shares
903
Held
BroadcomAVGO
Share
0.3%
Value
$453,300
Shares
1,200
Held
GE VernovaGEV
Share
0.3%
Value
$452,321
Shares
385
Held
Vanguard Intl Equity Index FVEU
Share
0.3%
Value
$446,304
Shares
5,329
Held
Ishares TRSUB
Share
0.3%
Value
$434,185
Shares
4,078
-9%
Ishares TRIYW
Share
0.3%
Value
$429,800
Shares
1,704
-5%
Select Sector Spdr TRXLV
Share
0.3%
Value
$418,056
Shares
2,635
-5%
MicrosoftMSFT
Share
0.3%
Value
$403,608
Shares
1,082
Held
Bank of AmericaBAC
Share
0.3%
Value
$395,783
Shares
6,946
Held
Vanguard World FDVFH
Share
0.3%
Value
$394,754
Shares
3,000
Held
Vanguard Index FDSVXF
Share
0.2%
Value
$364,145
Shares
1,479
Held
Ishares TRIWP
Share
0.2%
Value
$355,921
Shares
2,431
-31%
Ishares TRITA
Share
0.2%
Value
$343,752
Shares
1,418
-72%
ExxonMobil HoldingsXOM
Share
0.2%
Value
$331,956
Shares
2,428
Held
Ishares TRIWO
Share
0.2%
Value
$328,169
Shares
833
Held
Vanguard Index FDSVO
Share
0.2%
Value
$326,491
Shares
4,052
-32%
Ishares TRUSMV
Share
0.2%
Value
$324,897
Shares
3,368
+12%
CSXCSX
Share
0.2%
Value
$314,839
Shares
6,624
Held
Vanguard Index FDSVUG
Share
0.2%
Value
$310,421
Shares
3,604
Held
Ishares TRESGU
Share
0.2%
Value
$305,468
Shares
1,866
-25%
Ishares TRSOXX
Share
0.2%
Value
$297,953
Shares
465
New
AflacAFL
Share
0.2%
Value
$297,112
Shares
2,534
Held
Invesco Exchange Traded FD TRSPT
Share
0.2%
Value
$296,700
Shares
4,600
Held
Ishares TREEM
Share
0.2%
Value
$289,101
Shares
4,226
-3%
Ishares TRIXUS
Share
0.2%
Value
$263,701
Shares
2,763
Held
Eversource EnergyES
Share
0.2%
Value
$254,101
Shares
3,516
Held
Ishares TRDGRO
Share
0.2%
Value
$241,164
Shares
3,182
Held
IsharesEMXC
Share
0.1%
Value
$228,027
Shares
2,229
New
Invesco QQQ TRQQQ
Share
0.1%
Value
$220,920
Shares
300
New
Ishares TRIMTM
Share
0.1%
Value
$215,987
Shares
4,050
New
TeslaTSLA
Share
0.1%
Value
$208,618
Shares
496
New

Company	Share of fund	Value	Shares	Change
Ishares TRIVV	15.4%	$24m	32,049	+39%
Ishares TRIVW	7.0%	$11m	79,223	-4%
Ishares TRIUSB	6.3%	$10m	212,398	+21%
Blackrock ETF TrustDYNF	6.0%	$9m	137,720	-8%
Ishares TRIVE	5.5%	$9m	37,775	-17%
IsharesIEMG	4.5%	$7m	85,002	-23%
AlphabetGOOGL	4.2%	$7m	18,239	Held
Blackrock ETF TrustBAI	3.2%	$5m	93,827	-14%
Ishares TREFG	3.0%	$5m	38,006	+88%
Ishares TREFV	3.0%	$5m	61,689	-34%
Ishares TRMTUM	2.6%	$4m	11,885	-14%
Blackrock ETF TrustTHRO	2.3%	$4m	83,360	-13%
Ishares TRTLH	2.1%	$3m	32,500	-10%
Blackrock ETF TrustBLCR	2.1%	$3m	63,792	+122%
AlphabetGOOG	1.7%	$3m	7,563	-22%
Blackrock ETF TrustIDEF	1.7%	$3m	84,002	+149%
Ishares TRQUAL	1.7%	$3m	12,109	-40%
Ishares TRIJH	1.7%	$3m	33,729	Held
Ishares TRMUB	1.4%	$2m	20,654	-18%
Ishares TRMBB	1.3%	$2m	21,779	+7%
Ishares TRGOVT	1.3%	$2m	86,799	+92%
Select Sector Spdr TRXLK	1.2%	$2m	9,480	Held
Blackrock ETF TrustCORO	1.0%	$1m	40,758	New
AppleAAPL	1.0%	$1m	5,127	-6%
Ishares TROEF	0.9%	$1m	3,785	-72%
Ishares TRIWB	0.8%	$1m	3,225	Held
Ishares TRLMUB	0.8%	$1m	23,304	+59%
Blackrock ETF TrustIALT	0.7%	$1m	40,731	New
Vanguard Tax-Managed FDSVEA	0.7%	$1m	15,412	Held
Ishares Gold TRIAU	0.7%	$1m	13,943	-25%
NvidiaNVDA	0.7%	$1m	5,150	Held
Vanguard Index FDSVTI	0.6%	$994,668	2,688	-2%
Ishares TRIAGG	0.6%	$984,069	19,448	-49%
Ishares TRIWR	0.6%	$875,012	7,932	Held
State STR Spdr S&P 500 ETF TSPY	0.6%	$861,325	1,153	-12%
Blackrock ETF Trust IIGGOV	0.5%	$839,944	16,702	New
Amazon.comAMZN	0.5%	$705,486	2,960	Held
Vanguard MUN BD FDSVTEB	0.4%	$693,199	13,705	Held
Select Sector Spdr TRXLF	0.4%	$654,656	12,211	-52%
Kimberly-ClarkKMB	0.4%	$654,559	5,963	Held
Blackrock ETF Trust IIBINC	0.4%	$634,727	12,127	-53%
Vanguard Index FDSVTV	0.4%	$605,618	2,779	Held
Ishares TRIJR	0.4%	$585,702	3,949	Held
General ElectricGE	0.4%	$578,160	1,547	Held
Ishares TRIWF	0.3%	$482,553	3,886	Held
Advanced Micro DevicesAMD	0.3%	$480,413	827	New
Ishares TRIWM	0.3%	$470,805	1,567	Held
LindeLIN	0.3%	$468,603	903	Held
BroadcomAVGO	0.3%	$453,300	1,200	Held
GE VernovaGEV	0.3%	$452,321	385	Held
Vanguard Intl Equity Index FVEU	0.3%	$446,304	5,329	Held
Ishares TRSUB	0.3%	$434,185	4,078	-9%
Ishares TRIYW	0.3%	$429,800	1,704	-5%
Select Sector Spdr TRXLV	0.3%	$418,056	2,635	-5%
MicrosoftMSFT	0.3%	$403,608	1,082	Held
Bank of AmericaBAC	0.3%	$395,783	6,946	Held
Vanguard World FDVFH	0.3%	$394,754	3,000	Held
Vanguard Index FDSVXF	0.2%	$364,145	1,479	Held
Ishares TRIWP	0.2%	$355,921	2,431	-31%
Ishares TRITA	0.2%	$343,752	1,418	-72%
ExxonMobil HoldingsXOM	0.2%	$331,956	2,428	Held
Ishares TRIWO	0.2%	$328,169	833	Held
Vanguard Index FDSVO	0.2%	$326,491	4,052	-32%
Ishares TRUSMV	0.2%	$324,897	3,368	+12%
CSXCSX	0.2%	$314,839	6,624	Held
Vanguard Index FDSVUG	0.2%	$310,421	3,604	Held
Ishares TRESGU	0.2%	$305,468	1,866	-25%
Ishares TRSOXX	0.2%	$297,953	465	New
AflacAFL	0.2%	$297,112	2,534	Held
Invesco Exchange Traded FD TRSPT	0.2%	$296,700	4,600	Held
Ishares TREEM	0.2%	$289,101	4,226	-3%
Ishares TRIXUS	0.2%	$263,701	2,763	Held
Eversource EnergyES	0.2%	$254,101	3,516	Held
Ishares TRDGRO	0.2%	$241,164	3,182	Held
IsharesEMXC	0.1%	$228,027	2,229	New
Invesco QQQ TRQQQ	0.1%	$220,920	300	New
Ishares TRIMTM	0.1%	$215,987	4,050	New
TeslaTSLA	0.1%	$208,618	496	New

Over time and by industry

Value over time

Dec '25

Jun '26

Value is up 12.8% since 31 December 2025.

Where the money is

Media & telecom5.9%

Technology2.5%

Industrials0.9%

Retail & consumer0.6%

Financial services0.4%

Everyday goods0.4%

Materials0.3%

Energy0.2%

Utilities0.2%

Other88.7%

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.