Valence8 US LP
Cambridge, MA
$300m in 15 US stocks at the end of 30 June 2026. The top 10 are 92.6% of the money. It changed about 24.4% of the portfolio this quarter.
Value
$300m
Stocks
15
Top 10 share
92.6%
Turnover
24.4%
What changed this quarter
New
Bought for the first time this quarter.
- Select Sector Spdr TRXLV4.9% of the fund
Added
Bought more of a stock they already held.
- Ishares TRQUAL30.1% of the fund+22%
- Invesco QQQ TRQQQ17.1% of the fund+20%
- Select Sector Spdr TRXLP6.4% of the fund+79%
- Vanguard Index FDSVTV4.9% of the fund+132%
- Select Sector Spdr TRXLU2.1% of the fund+119%
Cut
Sold some of their stake.
- Spdr Series TrustBIL9.4% of the fund-53%
- Ishares TRIQLT8.7% of the fund-38%
- Vaneck ETF TrustSMH4.6% of the fund-61%
- Ishares TREFV4.2% of the fund-40%
- TCW ETF TrustPWRD2.2% of the fund-36%
- IsharesEWY1.0% of the fund-68%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Ishares TRQUAL
- Share
- 30.1%
- Value
- $90m
- Shares
- 412,060
+22%
- Invesco QQQ TRQQQ
- Share
- 17.1%
- Value
- $51m
- Shares
- 69,893
+20%
- Spdr Series TrustBIL
- Share
- 9.4%
- Value
- $28m
- Shares
- 307,308
-53%
- Ishares TRIQLT
- Share
- 8.7%
- Value
- $26m
- Shares
- 527,435
-38%
- Select Sector Spdr TRXLP
- Share
- 6.4%
- Value
- $19m
- Shares
- 231,632
+79%
- Select Sector Spdr TRXLV
- Share
- 4.9%
- Value
- $15m
- Shares
- 93,378
New
- Vanguard Index FDSVTV
- Share
- 4.9%
- Value
- $15m
- Shares
- 67,421
+132%
- Vaneck ETF TrustSMH
- Share
- 4.6%
- Value
- $14m
- Shares
- 20,934
-61%
- Ishares TREFV
- Share
- 4.2%
- Value
- $13m
- Shares
- 166,318
-40%
- TCW ETF TrustPWRD
- Share
- 2.2%
- Value
- $7m
- Shares
- 54,694
-36%
- Select Sector Spdr TRXLU
- Share
- 2.1%
- Value
- $6m
- Shares
- 138,166
+119%
- Ishares TREWU
- Share
- 1.9%
- Value
- $6m
- Shares
- 121,275
Held
- Vaneck ETF TrustGDX
- Share
- 1.5%
- Value
- $5m
- Shares
- 61,239
Held
- IsharesEWY
- Share
- 1.0%
- Value
- $3m
- Shares
- 15,071
-68%
- Global X FDSCOPX
- Share
- 0.9%
- Value
- $3m
- Shares
- 37,018
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Ishares TRQUAL | 30.1% | $90m | 412,060 | +22% |
| Invesco QQQ TRQQQ | 17.1% | $51m | 69,893 | +20% |
| Spdr Series TrustBIL | 9.4% | $28m | 307,308 | -53% |
| Ishares TRIQLT | 8.7% | $26m | 527,435 | -38% |
| Select Sector Spdr TRXLP | 6.4% | $19m | 231,632 | +79% |
| Select Sector Spdr TRXLV | 4.9% | $15m | 93,378 | New |
| Vanguard Index FDSVTV | 4.9% | $15m | 67,421 | +132% |
| Vaneck ETF TrustSMH | 4.6% | $14m | 20,934 | -61% |
| Ishares TREFV | 4.2% | $13m | 166,318 | -40% |
| TCW ETF TrustPWRD | 2.2% | $7m | 54,694 | -36% |
| Select Sector Spdr TRXLU | 2.1% | $6m | 138,166 | +119% |
| Ishares TREWU | 1.9% | $6m | 121,275 | Held |
| Vaneck ETF TrustGDX | 1.5% | $5m | 61,239 | Held |
| IsharesEWY | 1.0% | $3m | 15,071 | -68% |
| Global X FDSCOPX | 0.9% | $3m | 37,018 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 26.5% since 30 June 2025.
Where the money is
Other100.0%
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.