Institutional Manager · CIK 0001703081

Tamar Securities, LLC

Woodland Hills, CA · File #028-20351

Latest AUM

$947.4M

Positions

Top-10 Concentration

45.2%

Filings

Portfolio Value Over Time

2024-09

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
REDUCE	ALPHABET INC	GOOG	-236,040	-$74.1M	+$16.6M
REDUCE	AMAZON COM INC	AMZN	-203,836	-$47.0M	+$2.3M
REDUCE	APPLE INC	AAPL	-138,753	-$37.7M	+$2.4M
REDUCE	ASML HOLDING N V	ASMLF	-35,184	-$37.6M	+$3.6M
REDUCE	META PLATFORMS INC	META	-52,455	-$34.6M	-$3.9M
REDUCE	SYNOPSYS INC	SNPS	-50,563	-$23.8M	-$1.2M
REDUCE	NVIDIA CORPORATION	NVDA	-116,606	-$21.7M	-$9,392
REDUCE	QUANTA SVCS INC	74762E102	-33,665	-$14.2M	+$257,920
ADD	SELECT SECTOR SPDR TR	81369Y803	+47,221	+$6.8M	-$6.6M
ADD	REGENERON PHARMACEUTICALS	REGN	+8,190	+$6.3M	+$6.8M

Sector Allocation

Technology

18.4%$174.4M

Consumer Discretionary

10.9%$103.6M

9.4%$88.8M

9.3%$88.2M

5.3%$50.6M

4.7%$44.9M

Communication Services

4.4%$42.1M

Energy

2.1%$20.4M

Utilities

1.3%$12.4M

Consumer Staples

0.1%$525,062

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 202596 pos · $947.4M
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 202591 pos · $880.0M
Aug 11, 202513F HOLDINGS REPORTQ/E Jun 202586 pos · $824.9M
May 15, 202513F HOLDINGS REPORTQ/E Mar 202584 pos · $738.1M
Jan 22, 202513F HOLDINGS REPORTQ/E Dec 202477 pos · $725.1M
Oct 16, 202413F HOLDINGS REPORTQ/E Sep 202477 pos · $711.9M
Oct 10, 202413F HOLDINGS REPORTQ/E Sep 202467 pos · $348.2M
Oct 10, 202413F HOLDINGS REPORTQ/E Sep 202468 pos · $406.8M
Oct 10, 202413F HOLDINGS REPORTQ/E Sep 202474 pos · $616.9M
May 13, 202413F HOLDINGS REPORTQ/E Mar 202477 pos · $592.8M
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 202372 pos · $414.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ALPHABET INC	GOOG	232,603	$73.0M	7.80%
2	INTERNATIONAL BANCSHARES COR	INTR	738,357	$49.1M	5.24%
3	AMAZON COM INC	AMZN	208,880	$48.2M	5.15%
4	MICROSOFT CORP	MSFT	91,144	$44.1M	4.71%
5	META PLATFORMS INC	META	63,436	$41.9M	4.48%
6	ASML HOLDING N V	ASMLF	35,190	$37.6M	4.02%
7	APPLE INC	AAPL	136,259	$37.0M	3.96%
8	REGENERON PHARMACEUTICALS	REGN	40,456	$31.2M	3.34%
9	ELEVANCE HEALTH INC FORMERLY	ELV	87,406	$30.6M	3.27%
10	RTX CORPORATION	RTX	165,591	$30.4M	3.25%
11	TESLA INC	TSLA	63,640	$28.6M	3.06%
12	SYNOPSYS INC	SNPS	58,751	$27.6M	2.95%
13	AMGEN INC	AMGN	81,341	$26.6M	2.85%
14	MERCADOLIBRE INC	MELI	13,124	$26.4M	2.83%
15	FREEPORT-MCMORAN INC	FCX	496,712	$25.2M	2.70%
16	VISA INC	V	71,531	$25.1M	2.68%
17	QUALCOMM INC	QCOM	143,359	$24.5M	2.62%
18	ALIBABA GROUP HLDG LTD	BBAAY	161,011	$23.6M	2.52%
19	NVIDIA CORPORATION	NVDA	117,693	$21.9M	2.35%
20	EXXON MOBIL CORP	XOM	169,728	$20.4M	2.18%