Institutional Manager · CIK 0001764970
Kozak & Associates, Inc.
HIGHLANDS RANCH, CO · File #028-21058
Latest AUM
$517.6M
Positions
432
Top-10 Concentration
80.6%
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 |
|---|---|---|---|---|---|
| REDUCE | COSTCO WHSL CORP NEW COM | 22160K105 | -2,566 | -$2.4M | +$215,452 |
| REDUCE | SPDR S&P 500 ETF TRUST | SPY | -3,066 | -$2.1M | +$2.0M |
| ADD | ISHARES U.S. INDUSTRIALS ETF | 464287754 | +12,926 | +$2.0M | +$2.7M |
| ADD | SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST | 78467X109 | +3,144 | +$1.6M | +$336,455 |
| REDUCE | NVIDIA CORPORATION COM | NVDA | -6,233 | -$1.2M | -$245,473 |
| REDUCE | AMAZON COM INC COM | AMZN | -4,654 | -$1.2M | +$1.2M |
| REDUCE | CHEVRON CORP NEW COM | CVX | -4,891 | -$792,942 | +$68,276 |
| REDUCE | INVESCO QQQ TRUST SERIES I | IVZ | -1,225 | -$767,642 | +$1.6M |
| REDUCE | MICROSOFT CORP COM | MSFT | -1,284 | -$615,397 | -$1.4M |
| REDUCE | APPLE INC COM | AAPL | -2,317 | -$600,962 | -$715,754 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025432 pos · $517.6M
- 13F HOLDINGS REPORTQ/E Sep 2025455 pos · $507.8M
- 13F HOLDINGS REPORTQ/E Jun 2025470 pos · $490.7M
- 13F HOLDINGS REPORTQ/E Mar 2025461 pos · $400.8M
- 13F HOLDINGS REPORTQ/E Dec 2024439 pos · $437.5M
- 13F HOLDINGS REPORTQ/E Sep 2024399 pos · $423.1M
- 13F HOLDINGS REPORTQ/E Jun 2024388 pos · $405.1M
- 13F HOLDINGS REPORTQ/E Mar 2024444 pos · $371.9M
- 13F HOLDINGS REPORTQ/E Dec 2023382 pos · $273.2M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | INVESCO S&P 500 REVENUE ETF | IVZ | 575,024 | $67.9M | 13.56% |
| 2 | ISHARES U.S. TECH INDEPENDENCE FOCUSED ETF | 46431W648 | 641,304 | $65.9M | 13.16% |
| 3 | SPDR S&P 500 ETF TRUST | SPY | 66,020 | $45.8M | 9.15% |
| 4 | INVESCO QQQ TRUST SERIES I | IVZ | 69,558 | $43.6M | 8.71% |
| 5 | ISHARES US FINANCIAL SERVICES ETF | 464287770 | 420,525 | $39.7M | 7.92% |
| 6 | ISHARES U.S. INDUSTRIALS ETF | 464287754 | 214,805 | $33.2M | 6.64% |
| 7 | STATE STREET SPDR PORTFOLIO S&P 500 GROWTH ETF | 78464A409 | 305,082 | $32.9M | 6.58% |
| 8 | VANECK SEMICONDUCTOR ETF | 92189F676 | 66,090 | $25.7M | 5.14% |
| 9 | NVIDIA CORPORATION COM | NVDA | 134,836 | $24.9M | 4.98% |
| 10 | MICROSOFT CORP COM | MSFT | 49,441 | $23.7M | 4.73% |
| 11 | APPLE INC COM | AAPL | 86,174 | $22.4M | 4.46% |
| 12 | AMAZON COM INC COM | AMZN | 78,981 | $19.5M | 3.90% |
| 13 | COSTCO WHSL CORP NEW COM | 22160K105 | 14,999 | $13.9M | 2.77% |
| 14 | SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST | 78467X109 | 14,871 | $7.4M | 1.47% |
| 15 | SCHWAB CHARLES CORP COM | SCHW-PJ | 29,511 | $3.0M | 0.59% |
| 16 | JPMORGAN CHASE & CO. COM | VYLD | 7,425 | $2.4M | 0.49% |
| 17 | BROADCOM INC COM | AVGO | 7,079 | $2.4M | 0.49% |
| 18 | ALPHABET INC CAP STK CL C | GOOG | 6,359 | $2.1M | 0.42% |
| 19 | VISA INC COM CL A | V | 4,632 | $1.6M | 0.32% |
| 20 | ISHARES S&P MID-CAP 400 GROWTH ETF | 464287606 | 14,290 | $1.4M | 0.29% |