Institutional Manager · CIK 0001750924
Balefire, LLC
DALLAS, TX · File #028-19208
Latest AUM
$513.3M
Positions
394
Top-10 Concentration
39.3%
Filings
9
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 |
|---|---|---|---|---|---|
| EXITED | FISERV INC | 337738108 | -17,470 | -$2.3M | $0 |
| EXITED | VANGUARD INSTL INDEX FD | 922040845 | -27,414 | -$2.1M | $0 |
| ADD | ISHARES TR | 464287200 | +2,766 | +$1.9M | +$69,918 |
| EXITED | BAXTER INTL INC | 071813109 | -81,092 | -$1.8M | $0 |
| REDUCE | AMAZON COM INC | AMZN | -7,660 | -$1.8M | +$286,763 |
| REDUCE | APPLE INC | AAPL | -6,084 | -$1.7M | +$550,369 |
| ADD | INVESCO EXCHANGE TRADED FD T | IVZ | +8,582 | +$1.6M | +$46,662 |
| NEW | SPDR SERIES TRUST | 78464A870 | +13,459 | +$1.6M | $0 |
| EXITED | ISHARES TR | 464289180 | -46,967 | -$1.6M | $0 |
| EXITED | ISHARES TR | 464288372 | -26,297 | -$1.6M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025394 pos · $513.3M
- 13F HOLDINGS REPORTQ/E Sep 2025394 pos · $501.2M
- 13F HOLDINGS REPORTQ/E Jun 2025358 pos · $459.7M
- 13F HOLDINGS REPORTQ/E Mar 2025205 pos · $291.8M
- 13F HOLDINGS REPORTQ/E Dec 2024295 pos · $292.5M
- 13F HOLDINGS REPORTQ/E Sep 2024245 pos · $296.2M
- 13F HOLDINGS REPORTQ/E Jun 2024816 pos · $281.4M
- 13F HOLDINGS REPORTQ/E Mar 2024818 pos · $277.4M
- 13F HOLDINGS REPORTQ/E Dec 2023700 pos · $233.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | 78464A805 | 221,071 | $18.2M | 6.63% |
| 2 | SPDR S&P 500 ETF TR | SPY | 18,060 | $12.3M | 4.48% |
| 3 | NVIDIA CORPORATION | NVDA | 65,488 | $12.2M | 4.44% |
| 4 | ISHARES TR | 464287457 | 131,645 | $10.9M | 3.97% |
| 5 | INVESCO QQQ TR | IVZ | 17,024 | $10.5M | 3.80% |
| 6 | VANGUARD INDEX FDS | 922908363 | 16,652 | $10.4M | 3.80% |
| 7 | VALUED ADVISERS TR | 92046L338 | 353,761 | $9.1M | 3.30% |
| 8 | MICROSOFT CORP | MSFT | 17,742 | $8.6M | 3.12% |
| 9 | SPDR SERIES TRUST | 78464A649 | 317,892 | $8.2M | 2.98% |
| 10 | SPDR SERIES TRUST | 78464A854 | 96,484 | $7.7M | 2.82% |
| 11 | APPLE INC | AAPL | 25,862 | $7.0M | 2.56% |
| 12 | ISHARES TR | 464287242 | 58,892 | $6.5M | 2.36% |
| 13 | INVESCO EXCHANGE TRADED FD T | IVZ | 33,669 | $6.4M | 2.35% |
| 14 | DEERE & CO | DE | 13,306 | $6.2M | 2.25% |
| 15 | SPDR GOLD TR | GLD | 15,440 | $6.1M | 2.23% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 11,520 | $5.8M | 2.11% |
| 17 | ALPHABET INC | GOOG | 18,359 | $5.8M | 2.10% |
| 18 | SPDR SERIES TRUST | 78468R663 | 62,530 | $5.7M | 2.08% |
| 19 | ISHARES TR | 464288513 | 64,585 | $5.2M | 1.89% |
| 20 | ISHARES TR | 464287200 | 7,235 | $5.0M | 1.80% |