Institutional Manager · CIK 0001740140

VISTA INVESTMENT MANAGEMENT

PITTSBURGH, PA · File #028-18763

Latest AUM

$303.0M

Positions

179

Top-10 Concentration

38.3%

Filings

Portfolio Value Over Time

2024-03

2024-06

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	SPDR SERIES TRUST	78468R663	-19,240	-$1.8M	-$22,615
NEW	ISHARES TR	46436E718	+16,653	+$1.7M	$0
EXITED	PFIZER INC	717081103	-46,517	-$1.2M	$0
ADD	VANECK ETF TRUST	92189F486	+41,925	+$1.1M	-$25,666
ADD	SELECT SECTOR SPDR TR	81369Y803	+6,540	+$941,587	-$908,762
ADD	SPDR SERIES TRUST	78464A375	+21,560	+$728,945	-$18,159
ADD	VANGUARD SCOTTSDALE FDS	92206C409	+8,628	+$687,909	-$23,581
NEW	VANGUARD SCOTTSDALE FDS	92206C102	+11,609	+$681,819	$0
ADD	JANUS DETROIT STR TR	47103U845	+11,816	+$597,652	-$34,956
EXITED	FISERV INC	337738108	-4,209	-$542,668	$0

Sector Allocation

Financials

15.7%$47.5M

Technology

5.4%$16.4M

Healthcare

4.1%$12.4M

Consumer Discretionary

2.3%$7.0M

1.8%$5.5M

1.5%$4.5M

1.0%$3.0M

0.5%$1.6M

0.4%$1.1M

Communication Services

0.3%$1.1M

Utilities

0.1%$433,918

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 2025179 pos · $303.0M
Nov 7, 202513F HOLDINGS REPORTQ/E Sep 2025173 pos · $286.6M
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 2025171 pos · $269.7M
May 15, 202513F HOLDINGS REPORTQ/E Mar 2025172 pos · $255.7M
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 2024178 pos · $263.6M
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 2024173 pos · $265.3M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 2024172 pos · $246.9M
May 15, 202413F HOLDINGS REPORTQ/E Mar 2024180 pos · $245.6M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 2023158 pos · $190.5M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD SCOTTSDALE FDS	92206C409	126,335	$10.1M	4.74%
2	VANGUARD WORLD FD	92204A702	12,673	$9.6M	4.50%
3	JANUS DETROIT STR TR	47103U845	186,603	$9.4M	4.44%
4	SPDR SERIES TRUST	78464A375	248,533	$8.4M	3.96%
5	VANECK ETF TRUST	92189F486	327,107	$8.3M	3.92%
6	INVESCO EXCH TRD SLF IDX FD	IVZ	470,422	$8.0M	3.75%
7	INVESCO EXCH TRD SLF IDX FD	IVZ	371,955	$7.7M	3.61%
8	ISHARES TR	46432F339	34,337	$6.8M	3.21%
9	SPDR SERIES TRUST	78468R812	38,251	$6.7M	3.14%
10	JPMORGAN CHASE & CO.	VYLD	20,060	$6.5M	3.04%
11	WISDOMTREE TR	WT	86,706	$6.1M	2.89%
12	COHERENT CORP	COHR	29,712	$5.5M	2.58%
13	INVESCO EXCHANGE TRADED FD T	IVZ	118,349	$5.4M	2.54%
14	FIRST TR EXCH TRADED FD III	33739P855	274,762	$5.3M	2.51%
15	ISHARES TR	464287804	42,976	$5.2M	2.43%
16	VANGUARD WORLD FD	92204A884	25,404	$4.9M	2.32%
17	SPDR SERIES TRUST	78464A847	81,584	$4.7M	2.22%
18	CAPITAL ONE FINL CORP	14040H105	18,202	$4.4M	2.08%
19	SPDR INDEX SHS FDS	78463X509	91,578	$4.3M	2.02%
20	SPDR SERIES TRUST	78468R663	41,892	$3.8M	1.80%