Case file · CIK 0001040273
Event-driven and activist equity exposure sample.
Q4 2025 · SEC 13F case file
KOL-style case note
Event-driven and activist equity exposure sample. This page turns the latest public filing into a shareable research story: what the entity owns, which theme is driving the portfolio, and where to investigate next.
Event-driven and activist equity exposure sample. It belongs in a smart-money radar because its public 13F shows quarterly capital direction and theme preference.
The latest filing's largest public position is PCG, around 7.6% of the disclosed 13F portfolio. That is the first place to look for the current thesis.
Mixed is the clearest public theme in the portfolio. The important question is whether that theme repeats across the top positions, not just whether one stock worked.
The latest public portfolio is about $7.3B, with 44 lines and roughly 54.1% in the top 10. Higher concentration means a few decisions can explain more of the proxy return.
This is not a live trading signal. It is a quarterly capital map: start with the ranking, inspect the top holdings, then ask whether the manager has a repeatable framework.
13F filings are delayed and incomplete. They do not show shorts, many derivatives, private positions, cash, or current trade timing. Use this page to generate research questions, not to replace diligence.
Smart Money VelocityVelocity score blends 13F value growth, concentration, theme purity, option exposure, and filing history. It is a prioritization score, not a return.
Score blends filing growth, concentration, theme purity, call exposure, and filing history.
13F value
$7.3BQ4 2025, latest public filingGrowth since first filing
0.93x$7.8B → $7.3BReporting lag13F filings arrive after the quarter ends. The page shows a delayed public snapshot, not live positions.
45dQuarter-end snapshot, not live positionsThis is not actual fund performance. Returns and rankings use public disclosures after they become visible, not private NAV or live trading.
Disclosure workflow
Every number is anchored to a public quarterly filing. The report date is the portfolio snapshot; the filing date is when the market could actually see it.
Public holdings
| Holding | Theme | Type | Value | % |
|---|---|---|---|---|
| PG&E CORPPCG · 34,300,000 shares | Other | SH | $551.2M | 7.6% |
| NVIDIA CORPORATIONNVDA · 2,950,000 shares | Semis | SH | $550.2M | 7.6% |
| AMAZON COM INCAMZN · 2,165,000 shares | Consumer | SH | $499.7M | 6.9% |
| MICROSOFT CORPMSFT · 925,000 shares | Software | SH | $447.3M | 6.1% |
| UNION PAC CORPUNP · 1,810,000 shares | Other | SH | $418.7M | 5.8% |
| CRH PLCCRH · 2,600,000 shares | Other | SH | $324.5M | 4.5% |
| SOMNIGROUP INTERNATIONAL INCSGI · 3,400,000 shares | Other | SH | $303.6M | 4.2% |
| BROOKFIELD CORPBN · 6,200,000 shares | Other | SH | $284.5M | 3.9% |
| NORFOLK SOUTHN CORPNSC · 975,000 shares | Other | SH | $281.5M | 3.9% |
| TELEPHONE & DATA SYS INCTDS · 6,675,000 shares | Other | SH | $273.7M | 3.8% |
| CAPITAL ONE FINL CORPCOF · 1,100,000 shares | Other | SH | $266.6M | 3.7% |
| CASEYS GEN STORES INCCASY · 455,000 shares | Other | SH | $251.5M | 3.5% |
| CARPENTER TECHNOLOGY CORPCRS · 785,000 shares | Other | SH | $247.1M | 3.4% |
| LIVE NATION ENTERTAINMENT INLYV · 1,725,000 shares | Other | SH | $245.8M | 3.4% |
| COSTAR GROUP INCCSGP · 3,165,000 shares | Other | SH | $212.8M | 2.9% |
| MASTEC INCMTZ · 925,000 shares | Other | SH | $201.1M | 2.8% |
| ROCKET COS INC77311W101 · 9,515,000 shares | Consumer | SH | $184.2M | 2.5% |
| LPL FINL HLDGS INCLPLA · 510,000 shares | Other | SH | $182.2M | 2.5% |
| CHIPOTLE MEXICAN GRILL INCCMG · 4,725,000 shares | Other | SH | $174.8M | 2.4% |
| CONSTELLATION ENERGY CORPCEG · 475,000 shares | Power | SH | $167.8M | 2.3% |
| VISTRA CORPVST · 1,005,000 shares | Other | SH | $162.1M | 2.2% |
| DANAHER CORPORATIONDHR · 600,000 shares | Other | SH | $137.4M | 1.9% |
| SHARKNINJA INCSN · 1,200,000 shares | Other | SH | $134.3M | 1.8% |
| TAIWAN SEMICONDUCTOR MFG LTDTSM · 425,000 shares | Semis | SH | $129.2M | 1.8% |
| ALIBABA GROUP HLDG LTDBABA · 825,000 shares | Other | SH | $120.9M | 1.7% |
| API GROUP CORPAPG · 3,000,000 shares | Other | SH | $114.8M | 1.6% |
| COMFORT SYS USA INCFIX · 105,000 shares | Other | SH | $98M | 1.3% |
| SPOTIFY TECHNOLOGY S ASPOT · 100,000 shares | Consumer | SH | $58.1M | 0.80% |
| KENVUE INCKVUE · 3,250,000 shares | Other | SH | $56.1M | 0.77% |
| PROGRESSIVE CORPPGR · 220,000 shares | Other | SH | $50.1M | 0.69% |
| THERMO FISHER SCIENTIFIC INCTMO · 50,000 shares | Other | SH | $29M | 0.40% |
| STRATA CRITICAL MEDICAL INCSRTA · 5,000,000 shares | Other | SH | $24.1M | 0.33% |
| WIX COM LTDWIX · 225,000 shares | Other | SH | $23.4M | 0.32% |
| CSX CORPCSX · 500,000 shares | Other | SH | $18.1M | 0.25% |
| HERTZ GLOBAL HLDGS INCHTZ · 3,970,000 shares | Other | SH | $10.6M | 0.15% |
| PG&E CORPPCG · 10,000,000 shares | Other | PRN | $10.3M | 0.14% |
| ARS PHARMACEUTICALS INCSPRY · 556,237 shares | Semis | SH | $6.5M | 0.09% |
| CLARITEV CORPORATIONCTEV · 145,000 shares | Other | SH | $6.2M | 0.09% |
| PG&E CORPPCG · 140,000 shares | Other | SH | $5.7M | 0.08% |
| FLYEXCLUSIVE INCFLYX · 1,022,000 shares | Other | SH | $4.2M | 0.06% |
| AURORA INNOVATION INCAUR · 1,032,463 shares | Other | SH | $4M | 0.05% |
| BAUSCH HEALTH COS INC071734107 · 350,000 shares | Other | SH | $2.4M | 0.03% |
| AURORA INNOVATION INCAUR · 1,835,000 shares | Other | SH | $413.1K | 0.01% |
| FLYEXCLUSIVE INCFLYX · 367,499 shares | Other | SH | $104.7K | 0.00% |
Quarter tape
Signal breakdown
13F value is 0.93x the first tracked filing.
Top ten public lines are 54.1% of the latest report.
44 reportable lines in the latest public filing.
8 tracked quarterly 13F reports in the database or seed layer.
Publisher mode
Evidence layer
13F reports disclose long reportable U.S. securities and long put/call options. They do not show cash, private stakes, shorts, written options, or current live holdings.
Theme tags are deterministic product analysis from issuer, CUSIP, option type, and keyword rules. They are not SEC labels.
Vercel Cron calls the EDGAR ingestion endpoint every day and records per-manager ingestion results.
