Institutional Manager · CIK 0001573575
Constellation Investments, Inc.
MONTGOMERY, OH · File #028-15571
Latest AUM
$3.24B
Positions
19
Top-10 Concentration
94.2%
Filings
5
Portfolio Value Over Time
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | ISHARES TR | 464287200 | +494,675 | +$338.8M | +$15.8M |
| ADD | ISHARES TR | 464287226 | +2,914,000 | +$291.1M | -$1.5M |
| ADD | VANGUARD INDEX FDS | 922908363 | +366,000 | +$229.5M | +$7.8M |
| ADD | VANGUARD INDEX FDS | 922908769 | +376,923 | +$126.4M | +$1.5M |
| ADD | VANGUARD SCOTTSDALE FDS | 92206C870 | +633,750 | +$53.1M | -$400,527 |
| ADD | ISHARES TR | 464287150 | +337,500 | +$50.2M | +$822,320 |
| REDUCE | INVESCO QQQ TR | IVZ | -15,974 | -$9.8M | +$2.7M |
| REDUCE | ISHARES TR | 464287507 | -85,000 | -$5.6M | +$1.1M |
| REDUCE | BLACKROCK ETF TRUST II | BLK | -96,000 | -$5.0M | -$38,378 |
| REDUCE | VANGUARD ADMIRAL FDS INC | 921932703 | -5,000 | -$1.0M | +$102,220 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202519 pos · $3.24B
- 13F HOLDINGS REPORTQ/E Sep 202519 pos · $2.14B
- 13F HOLDINGS REPORTQ/E Jun 202519 pos · $2.16B
- 13F HOLDINGS REPORTQ/E Mar 202520 pos · $2.11B
- 13F HOLDINGS REPORTQ/E Dec 202417 pos · $2.20B
Top 19 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 1,505,047 | $1.03B | 31.82% |
| 2 | ISHARES TR | 464287226 | 7,062,919 | $705.4M | 21.77% |
| 3 | VANGUARD INDEX FDS | 922908363 | 895,000 | $561.3M | 17.32% |
| 4 | VANGUARD INDEX FDS | 922908769 | 587,923 | $197.1M | 6.08% |
| 5 | VANGUARD SCOTTSDALE FDS | 92206C870 | 1,746,325 | $146.3M | 4.51% |
| 6 | INVESCO QQQ TR | IVZ | 179,026 | $110.0M | 3.39% |
| 7 | ISHARES TR | 464287507 | 1,420,000 | $93.7M | 2.89% |
| 8 | ISHARES TR | 464287150 | 608,000 | $90.4M | 2.79% |
| 9 | ISHARES TR | 46432F842 | 779,498 | $69.7M | 2.15% |
| 10 | ISHARES TR | 464288588 | 495,924 | $47.2M | 1.46% |
| 11 | SPDR SERIES TRUST | 78464A508 | 712,000 | $40.4M | 1.25% |
| 12 | ISHARES TR | 464287622 | 101,441 | $37.9M | 1.17% |
| 13 | ISHARES TR | 464287242 | 249,317 | $27.5M | 0.85% |
| 14 | ISHARES INC | 46434G103 | 365,482 | $24.6M | 0.76% |
| 15 | ISHARES TR | 464287804 | 200,000 | $24.0M | 0.74% |
| 16 | ISHARES TR | 464287465 | 188,431 | $18.1M | 0.56% |
| 17 | VANGUARD SCOTTSDALE FDS | 92206C706 | 144,000 | $8.6M | 0.27% |
| 18 | BLACKROCK ETF TRUST II | BLK | 78,130 | $4.0M | 0.12% |
| 19 | VANGUARD ADMIRAL FDS INC | 921932703 | 14,000 | $2.9M | 0.09% |