Institutional Manager · CIK 0001907803
Phraction Management LLC
Colchester, CT · File #028-21590
Latest AUM
$375.3M
Positions
67
Top-10 Concentration
53.4%
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 |
|---|---|---|---|---|---|
| ADD | LINDE PLC | LIN | +19,450 | +$8.3M | -$228,613 |
| NEW | TRANSDIGM GROUP INC | TDG | +2,079 | +$2.8M | $0 |
| EXITED | DUPONT DE NEMOURS INC | 26614N102 | -27,246 | -$2.1M | $0 |
| ADD | ANALOG DEVICES INC | ADI | +7,793 | +$2.1M | +$1.7M |
| REDUCE | PHILIP MORRIS INTL INC | 718172109 | -11,450 | -$1.8M | -$67,686 |
| EXITED | CANADIAN PACIFIC KANSAS CITY | 13646K108 | -15,341 | -$1.1M | $0 |
| REDUCE | FIRSTENERGY CORP | FE | -21,890 | -$980,015 | -$53,141 |
| ADD | VISA INC | V | +2,695 | +$945,163 | +$166,131 |
| ADD | TELEDYNE TECHNOLOGIES INC | TDY | +1,763 | +$900,417 | -$765,224 |
| REDUCE | RTX CORPORATION | RTX | -4,378 | -$802,925 | +$1.1M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202567 pos · $375.3M
- 13F HOLDINGS REPORTQ/E Sep 202566 pos · $346.5M
- 13F HOLDINGS REPORTQ/E Jun 202573 pos · $312.7M
- 13F HOLDINGS REPORTQ/E Mar 202574 pos · $298.6M
- 13F HOLDINGS REPORTQ/E Dec 202471 pos · $285.2M
- 13F HOLDINGS REPORTQ/E Sep 202469 pos · $282.8M
- 13F HOLDINGS REPORTQ/E Jun 202467 pos · $273.6M
- 13F HOLDINGS REPORTQ/E Mar 202463 pos · $259.9M
- 13F HOLDINGS REPORTQ/E Dec 202350 pos · $212.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | AMAZON COM INC | AMZN | 124,135 | $28.7M | 7.75% |
| 2 | MICROSOFT CORP | MSFT | 58,739 | $28.4M | 7.69% |
| 3 | ALPHABET INC | GOOG | 89,078 | $27.9M | 7.54% |
| 4 | ANALOG DEVICES INC | ADI | 76,131 | $20.6M | 5.59% |
| 5 | ALPHABET INC | GOOG | 57,390 | $18.0M | 4.87% |
| 6 | THERMO FISHER SCIENTIFIC INC | TMO | 30,984 | $18.0M | 4.86% |
| 7 | ASML HOLDING N V | ASMLF | 14,265 | $15.3M | 4.13% |
| 8 | DANAHER CORPORATION | 235851102 | 65,797 | $15.1M | 4.08% |
| 9 | BANK AMERICA CORP | 060505682 | 10,539 | $13.2M | 3.57% |
| 10 | S&P GLOBAL INC | SPGI | 23,415 | $12.2M | 3.31% |
| 11 | HONEYWELL INTL INC | 438516106 | 60,924 | $11.9M | 3.22% |
| 12 | RTX CORPORATION | RTX | 64,690 | $11.9M | 3.21% |
| 13 | LINDE PLC | LIN | 24,153 | $10.3M | 2.79% |
| 14 | BANK AMERICA CORP | 060505104 | 175,440 | $9.6M | 2.61% |
| 15 | ENTEGRIS INC | ENTG | 107,464 | $9.1M | 2.45% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 17,548 | $8.8M | 2.39% |
| 17 | BECTON DICKINSON & CO | BDX | 45,092 | $8.8M | 2.37% |
| 18 | SPROTT ASSET MANAGEMENT LP | SII | 235,467 | $7.8M | 2.10% |
| 19 | VISA INC | V | 20,501 | $7.2M | 1.95% |
| 20 | APPLIED MATLS INC | 038222105 | 27,354 | $7.0M | 1.90% |