Sincerus Advisory

NEW YORK, NYfiles as Sincerus Advisory, LLC

$147m in 81 US stocks at the end of 30 June 2026. The top 10 are 52.1% of the money. It changed about 3.3% of the portfolio this quarter.

Value

$147m

Stocks

Top 10 share

52.1%

Turnover

3.3%

What changed this quarter

New

Bought for the first time this quarter.

Advanced Micro DevicesAMD
0.2% of the fund
IsharesEWY
0.2% of the fund
DoorDashDASH
0.2% of the fund
TeslaTSLA
0.1% of the fund
New York Life Investments ETQAI
0.1% of the fund
Spdr Series TrustEFIV
0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRMUB
4.0% of the fund
+3%
Ishares TRAGG
3.8% of the fund
+15%
Vanguard Tax-Managed FDSVEA
3.4% of the fund
+2%
J P Morgan Exchange Traded FHELO
2.1% of the fund
+11%
Ishares TREMB
1.7% of the fund
+6%
Ishares TRREZ
1.2% of the fund
+2%
Ishares TRIGF
1.2% of the fund
+4%
Vanguard Intl Equity Index FVNQI
1.0% of the fund
+3%
Ishares TRSGOV
0.6% of the fund
+39%
NvidiaNVDA
0.6% of the fund
+4%
Vanguard MUN BD FDSVCRM
0.5% of the fund
+55%
Spdr Index SHS FDSGII
0.4% of the fund
+2%
AlphabetGOOGL
0.4% of the fund
+5%
Tidal Trust IIINACP
0.4% of the fund
+2%
Dimensional ETF TrustDFAE
0.4% of the fund
+8%
Spdr Index SHS FDSRWO
0.3% of the fund
+33%
MicrosoftMSFT
0.2% of the fund
+3%
Vanguard Intl Equity Index FVWO
0.2% of the fund
+13%
Vanguard World FDVSGX
0.2% of the fund
+2%
BroadcomAVGO
0.2% of the fund
+6%
J P Morgan Exchange Traded FJMUB
0.2% of the fund
+22%
Spdr Series TrustHYMB
0.2% of the fund
+4%
J P Morgan Exchange Traded FJPST
0.2% of the fund
+13%

Cut

Sold some of their stake.

DigitalOcean HoldingsDOCN
2.9% of the fund
-33%
Vanguard Index FDSVO
2.1% of the fund
-3%
Spdr Gold TRGLD
1.7% of the fund
-3%
Vanguard BD Index FDSBND
1.0% of the fund
-5%
Dimensional ETF TrustDFAU
1.0% of the fund
-5%
Ishares TRIVV
0.9% of the fund
-3%
Ishares TRLQD
0.6% of the fund
-3%
Dimensional ETF TrustDFUS
0.5% of the fund
-4%
Dimensional ETF TrustDFAS
0.4% of the fund
-3%
AlphabetGOOG
0.4% of the fund
-3%
BrazeBRZE
0.2% of the fund
-7%
Alps ETF TRDTEC
0.2% of the fund
-15%
Select Sector Spdr TRXLV
0.2% of the fund
-5%
Spdr Series TrustSHE
0.2% of the fund
-7%

Sold out

Sold their entire stake.

Select Sector Spdr TRXLE
-100%

Holdings

State STR Spdr S&P 500 ETF TSPY
Share
15.5%
Value
$23m
Shares
30,511
Held
Ishares TREFA
Share
7.3%
Value
$11m
Shares
103,542
Held
Ishares TRIWR
Share
6.0%
Value
$9m
Shares
79,958
Held
Ishares TRMUB
Share
4.0%
Value
$6m
Shares
54,239
+3%
Ishares TRAGG
Share
3.8%
Value
$6m
Shares
56,089
+15%
Vanguard Tax-Managed FDSVEA
Share
3.4%
Value
$5m
Shares
70,129
+2%
Vanguard Specialized FundsVIG
Share
3.4%
Value
$5m
Shares
21,054
Held
Ishares TRIWM
Share
3.3%
Value
$5m
Shares
16,302
Held
DigitalOcean HoldingsDOCN
Share
2.9%
Value
$4m
Shares
27,474
-33%
Ishares TRESGD
Share
2.6%
Value
$4m
Shares
36,579
Held
Vanguard MUN BD FDSVTEB
Share
2.2%
Value
$3m
Shares
63,210
Held
Vanguard Index FDSVO
Share
2.1%
Value
$3m
Shares
39,076
-3%
Invesco Exchange Traded FD TRSP
Share
2.1%
Value
$3m
Shares
14,703
Held
J P Morgan Exchange Traded FHELO
Share
2.1%
Value
$3m
Shares
45,099
+11%
Ishares TREEM
Share
1.8%
Value
$3m
Shares
38,190
Held
Ishares TREMB
Share
1.7%
Value
$3m
Shares
26,547
+6%
Ishares TRSCZ
Share
1.7%
Value
$3m
Shares
30,679
Held
Spdr Gold TRGLD
Share
1.7%
Value
$3m
Shares
6,807
-3%
Vanguard Intl Equity Index FVSS
Share
1.6%
Value
$2m
Shares
14,868
Held
AppleAAPL
Share
1.4%
Value
$2m
Shares
7,329
Held
Vanguard Scottsdale FDSVCIT
Share
1.4%
Value
$2m
Shares
24,563
Held
Spdr Series TrustJNK
Share
1.3%
Value
$2m
Shares
19,978
Held
Nushares ETF TRNULV
Share
1.3%
Value
$2m
Shares
37,589
Held
Ishares TRREZ
Share
1.2%
Value
$2m
Shares
18,764
+2%
Ishares TRIWF
Share
1.2%
Value
$2m
Shares
14,299
Held
Ishares TRIGF
Share
1.2%
Value
$2m
Shares
26,108
+4%
Vanguard BD Index FDSBND
Share
1.0%
Value
$2m
Shares
20,780
-5%
Vanguard Intl Equity Index FVNQI
Share
1.0%
Value
$1m
Shares
33,153
+3%
Invesco QQQ TRQQQ
Share
1.0%
Value
$1m
Shares
2,002
Held
Dimensional ETF TrustDFAU
Share
1.0%
Value
$1m
Shares
28,148
-5%
Wisdomtree TRDEM
Share
1.0%
Value
$1m
Shares
26,081
Held
Goldman Sachs ETF TRJUST
Share
0.9%
Value
$1m
Shares
12,981
Held
Vanguard Index FDSVNQ
Share
0.9%
Value
$1m
Shares
13,755
Held
Meta PlatformsMETA
Share
0.9%
Value
$1m
Shares
2,314
Held
Ishares TRIVV
Share
0.9%
Value
$1m
Shares
1,710
-3%
Ishares TRLQD
Share
0.6%
Value
$919,949
Shares
8,434
-3%
Vanguard Intl Equity Index FVPL
Share
0.6%
Value
$878,550
Shares
7,594
Held
Ishares TRSGOV
Share
0.6%
Value
$852,034
Shares
8,464
+39%
NvidiaNVDA
Share
0.6%
Value
$819,388
Shares
4,095
+4%
Dimensional ETF TrustDFUS
Share
0.5%
Value
$731,269
Shares
8,924
-4%
Vanguard MUN BD FDSVCRM
Share
0.5%
Value
$676,664
Shares
8,857
+55%
Vanguard Index FDSVOO
Share
0.5%
Value
$676,405
Shares
985
Held
Dimensional ETF TrustDFAS
Share
0.4%
Value
$637,477
Shares
7,742
-3%
Ishares TRPFF
Share
0.4%
Value
$629,012
Shares
20,630
Held
Vanguard Intl Equity Index FVGK
Share
0.4%
Value
$617,800
Shares
6,978
Held
Vanguard Index FDSVTI
Share
0.4%
Value
$615,746
Shares
1,664
Held
Spdr Index SHS FDSGII
Share
0.4%
Value
$574,672
Shares
7,590
+2%
AlphabetGOOGL
Share
0.4%
Value
$540,970
Shares
1,514
+5%
AlphabetGOOG
Share
0.4%
Value
$527,930
Shares
1,494
-3%
Tidal Trust IIINACP
Share
0.4%
Value
$523,910
Shares
8,617
+2%
Dimensional ETF TrustDFAE
Share
0.4%
Value
$517,305
Shares
12,865
+8%
Amazon.comAMZN
Share
0.3%
Value
$464,048
Shares
1,947
Held
J P Morgan Exchange Traded FJMST
Share
0.3%
Value
$446,864
Shares
8,762
Held
J P Morgan Exchange Traded FJEPI
Share
0.3%
Value
$444,795
Shares
7,875
Held
Ishares TRITOT
Share
0.3%
Value
$443,714
Shares
2,701
Held
Spdr Index SHS FDSRWO
Share
0.3%
Value
$425,551
Shares
8,561
+33%
Vanguard Scottsdale FDSVTWO
Share
0.3%
Value
$400,913
Shares
3,302
Held
Ishares Gold TRIAU
Share
0.3%
Value
$387,593
Shares
5,133
Held
Advanced Micro DevicesAMD
Share
0.2%
Value
$358,421
Shares
617
New
MicrosoftMSFT
Share
0.2%
Value
$342,272
Shares
918
+3%
Vanguard Intl Equity Index FVWO
Share
0.2%
Value
$320,373
Shares
5,367
+13%
Vanguard World FDVSGX
Share
0.2%
Value
$317,703
Shares
3,858
+2%
BrazeBRZE
Share
0.2%
Value
$298,585
Shares
13,766
-7%
Alps ETF TRDTEC
Share
0.2%
Value
$294,766
Shares
6,122
-15%
BroadcomAVGO
Share
0.2%
Value
$289,051
Shares
765
+6%
J P Morgan Exchange Traded FJMUB
Share
0.2%
Value
$283,875
Shares
5,604
+22%
Select Sector Spdr TRXLV
Share
0.2%
Value
$282,837
Shares
1,783
-5%
Broadstone Net LeaseBNL
Share
0.2%
Value
$276,518
Shares
13,378
Held
Spdr Series TrustHYMB
Share
0.2%
Value
$266,561
Shares
10,478
+4%
J P Morgan Exchange Traded FJPST
Share
0.2%
Value
$258,377
Shares
5,109
+13%
Vanguard Whitehall FDSVWOB
Share
0.2%
Value
$252,573
Shares
3,756
Held
Spdr Series TrustSHE
Share
0.2%
Value
$248,410
Shares
1,608
-7%
IsharesEWY
Share
0.2%
Value
$245,107
Shares
1,214
New
DoorDashDASH
Share
0.2%
Value
$243,026
Shares
1,317
New
Spdr Index SHS FDSFEZ
Share
0.2%
Value
$233,651
Shares
3,402
Held
Ishares TRIEFA
Share
0.2%
Value
$229,191
Shares
2,373
Held
TeslaTSLA
Share
0.1%
Value
$211,141
Shares
502
New
Abrdn Silver ETF TrustSIVR
Share
0.1%
Value
$210,263
Shares
3,740
Held
New York Life Investments ETQAI
Share
0.1%
Value
$208,379
Shares
5,693
New
Spdr Series TrustEFIV
Share
0.1%
Value
$203,452
Shares
2,790
New
loanDepotLDI
Share
<0.1%
Value
$20,161
Shares
16,129
Held

Company	Share of fund	Value	Shares	Change
State STR Spdr S&P 500 ETF TSPY	15.5%	$23m	30,511	Held
Ishares TREFA	7.3%	$11m	103,542	Held
Ishares TRIWR	6.0%	$9m	79,958	Held
Ishares TRMUB	4.0%	$6m	54,239	+3%
Ishares TRAGG	3.8%	$6m	56,089	+15%
Vanguard Tax-Managed FDSVEA	3.4%	$5m	70,129	+2%
Vanguard Specialized FundsVIG	3.4%	$5m	21,054	Held
Ishares TRIWM	3.3%	$5m	16,302	Held
DigitalOcean HoldingsDOCN	2.9%	$4m	27,474	-33%
Ishares TRESGD	2.6%	$4m	36,579	Held
Vanguard MUN BD FDSVTEB	2.2%	$3m	63,210	Held
Vanguard Index FDSVO	2.1%	$3m	39,076	-3%
Invesco Exchange Traded FD TRSP	2.1%	$3m	14,703	Held
J P Morgan Exchange Traded FHELO	2.1%	$3m	45,099	+11%
Ishares TREEM	1.8%	$3m	38,190	Held
Ishares TREMB	1.7%	$3m	26,547	+6%
Ishares TRSCZ	1.7%	$3m	30,679	Held
Spdr Gold TRGLD	1.7%	$3m	6,807	-3%
Vanguard Intl Equity Index FVSS	1.6%	$2m	14,868	Held
AppleAAPL	1.4%	$2m	7,329	Held
Vanguard Scottsdale FDSVCIT	1.4%	$2m	24,563	Held
Spdr Series TrustJNK	1.3%	$2m	19,978	Held
Nushares ETF TRNULV	1.3%	$2m	37,589	Held
Ishares TRREZ	1.2%	$2m	18,764	+2%
Ishares TRIWF	1.2%	$2m	14,299	Held
Ishares TRIGF	1.2%	$2m	26,108	+4%
Vanguard BD Index FDSBND	1.0%	$2m	20,780	-5%
Vanguard Intl Equity Index FVNQI	1.0%	$1m	33,153	+3%
Invesco QQQ TRQQQ	1.0%	$1m	2,002	Held
Dimensional ETF TrustDFAU	1.0%	$1m	28,148	-5%
Wisdomtree TRDEM	1.0%	$1m	26,081	Held
Goldman Sachs ETF TRJUST	0.9%	$1m	12,981	Held
Vanguard Index FDSVNQ	0.9%	$1m	13,755	Held
Meta PlatformsMETA	0.9%	$1m	2,314	Held
Ishares TRIVV	0.9%	$1m	1,710	-3%
Ishares TRLQD	0.6%	$919,949	8,434	-3%
Vanguard Intl Equity Index FVPL	0.6%	$878,550	7,594	Held
Ishares TRSGOV	0.6%	$852,034	8,464	+39%
NvidiaNVDA	0.6%	$819,388	4,095	+4%
Dimensional ETF TrustDFUS	0.5%	$731,269	8,924	-4%
Vanguard MUN BD FDSVCRM	0.5%	$676,664	8,857	+55%
Vanguard Index FDSVOO	0.5%	$676,405	985	Held
Dimensional ETF TrustDFAS	0.4%	$637,477	7,742	-3%
Ishares TRPFF	0.4%	$629,012	20,630	Held
Vanguard Intl Equity Index FVGK	0.4%	$617,800	6,978	Held
Vanguard Index FDSVTI	0.4%	$615,746	1,664	Held
Spdr Index SHS FDSGII	0.4%	$574,672	7,590	+2%
AlphabetGOOGL	0.4%	$540,970	1,514	+5%
AlphabetGOOG	0.4%	$527,930	1,494	-3%
Tidal Trust IIINACP	0.4%	$523,910	8,617	+2%
Dimensional ETF TrustDFAE	0.4%	$517,305	12,865	+8%
Amazon.comAMZN	0.3%	$464,048	1,947	Held
J P Morgan Exchange Traded FJMST	0.3%	$446,864	8,762	Held
J P Morgan Exchange Traded FJEPI	0.3%	$444,795	7,875	Held
Ishares TRITOT	0.3%	$443,714	2,701	Held
Spdr Index SHS FDSRWO	0.3%	$425,551	8,561	+33%
Vanguard Scottsdale FDSVTWO	0.3%	$400,913	3,302	Held
Ishares Gold TRIAU	0.3%	$387,593	5,133	Held
Advanced Micro DevicesAMD	0.2%	$358,421	617	New
MicrosoftMSFT	0.2%	$342,272	918	+3%
Vanguard Intl Equity Index FVWO	0.2%	$320,373	5,367	+13%
Vanguard World FDVSGX	0.2%	$317,703	3,858	+2%
BrazeBRZE	0.2%	$298,585	13,766	-7%
Alps ETF TRDTEC	0.2%	$294,766	6,122	-15%
BroadcomAVGO	0.2%	$289,051	765	+6%
J P Morgan Exchange Traded FJMUB	0.2%	$283,875	5,604	+22%
Select Sector Spdr TRXLV	0.2%	$282,837	1,783	-5%
Broadstone Net LeaseBNL	0.2%	$276,518	13,378	Held
Spdr Series TrustHYMB	0.2%	$266,561	10,478	+4%
J P Morgan Exchange Traded FJPST	0.2%	$258,377	5,109	+13%
Vanguard Whitehall FDSVWOB	0.2%	$252,573	3,756	Held
Spdr Series TrustSHE	0.2%	$248,410	1,608	-7%
IsharesEWY	0.2%	$245,107	1,214	New
DoorDashDASH	0.2%	$243,026	1,317	New
Spdr Index SHS FDSFEZ	0.2%	$233,651	3,402	Held
Ishares TRIEFA	0.2%	$229,191	2,373	Held
TeslaTSLA	0.1%	$211,141	502	New
Abrdn Silver ETF TrustSIVR	0.1%	$210,263	3,740	Held
New York Life Investments ETQAI	0.1%	$208,379	5,693	New
Spdr Series TrustEFIV	0.1%	$203,452	2,790	New
loanDepotLDI	<0.1%	$20,161	16,129	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 38.4% since 30 June 2025.

Where the money is

Technology5.8%

Media & telecom1.6%

Retail & consumer0.6%

Real estate0.2%

Financial services0.0%

Other91.8%

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.