Institutional Manager · CIK 0001763409

Cynosure Group, LLC

Salt Lake City, UT · File #028-19282

Latest AUM

$983.1M

Positions

704

Top-10 Concentration

65.5%

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	VANGUARD SCOTTSDALE FDS	92206C680	-251,940	-$172.6M	+$144.1M
ADD	GE HEALTHCARE TECHNOLOGIES I	GEHC	+4,344,817	+$46.2M	-$1.3M
ADD	ISHARES TR	464287200	+863,647	+$40.6M	-$24.6M
NEW	EA SERIES TRUST	02072L565	+307,597	+$35.4M	$0
NEW	CIRCLE INTERNET GROUP INC	CRCL	+343,129	+$27.2M	$0
REDUCE	INVESCO QQQ TR	IVZ	-32,352	-$19.9M	+$632,612
REDUCE	GE AEROSPACE	369604301	-53,789	-$16.6M	+$392,553
REDUCE	J P MORGAN EXCHANGE TRADED F	46641Q837	-233,406	-$11.8M	-$50,707
ADD	CATERPILLAR INC	CAT	+507,681	+$10.7M	-$2.8M
REDUCE	GE VERNOVA INC	GEV	-12,855	-$8.4M	+$509,139

Sector Allocation

7.6%$74.4M

6.5%$63.7M

5.4%$53.3M

4.7%$45.8M

Consumer Discretionary

1.8%$18.2M

Consumer Staples

1.0%$10.1M

Communication Services

0.6%$6.0M

0.5%$4.9M

0.4%$3.7M

0.3%$3.4M

0.2%$2.3M

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 2025704 pos · $983.1M
Nov 13, 202513F HOLDINGS REPORT (Amended)Q/E Sep 2025371 pos · $920.7M
Oct 22, 202513F HOLDINGS REPORTQ/E Sep 2025370 pos · $913.2M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025377 pos · $882.8M
May 12, 202513F HOLDINGS REPORTQ/E Mar 2025375 pos · $725.7M
Feb 12, 202513F HOLDINGS REPORTQ/E Dec 2024367 pos · $669.3M
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 2024370 pos · $686.1M
Aug 13, 202413F HOLDINGS REPORTQ/E Jun 2024334 pos · $623.1M
May 10, 202413F HOLDINGS REPORTQ/E Mar 2024313 pos · $556.9M
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 2023138 pos · $325.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	46436E718	1,187,975	$119.2M	15.07%
2	SPDR S&P 500 ETF TR	SPY	93,921	$64.0M	8.10%
3	ISHARES TR	464288679	558,429	$61.5M	7.77%
4	ISHARES TR	464287614	125,643	$59.5M	7.52%
5	GE HEALTHCARE TECHNOLOGIES I	GEHC	4,365,462	$46.4M	5.87%
6	ISHARES TR	464287200	903,246	$42.5M	5.37%
7	VANGUARD INDEX FDS	922908363	66,391	$41.6M	5.26%
8	EA SERIES TRUST	02072L565	307,597	$35.4M	4.47%
9	CIRCLE INTERNET GROUP INC	CRCL	343,129	$27.2M	3.44%
10	ISHARES TR	46434V878	416,471	$21.1M	2.66%
11	SPDR SERIES TRUST	78464A508	370,675	$21.1M	2.66%
12	ISHARES TR	464287150	124,597	$18.5M	2.34%
13	SPDR GOLD TR	GLD	41,745	$16.5M	2.09%
14	UNION PAC CORP	UNP	59,193	$15.8M	1.99%
15	INTERNATIONAL BUSINESS MACHS	INTR	50,809	$15.1M	1.90%
16	ISHARES TR	464287226	134,659	$13.4M	1.70%
17	GE AEROSPACE	369604301	34,756	$13.0M	1.65%
18	VANGUARD INDEX FDS	922908751	43,649	$11.3M	1.42%
19	JANUS DETROIT STR TR	47103U845	220,323	$11.1M	1.41%
20	CATERPILLAR INC	CAT	513,754	$10.8M	1.37%