Institutional Manager · CIK 0001963040

LODESTAR PRIVATE ASSET MANAGEMENT LLC

ALAMO, CA · File #028-22795

Latest AUM

$996.6M

Positions

224

Top-10 Concentration

45.2%

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
ADD	VANGUARD INDEX FDS	922908744	+69,027	+$13.2M	+$306,023
REDUCE	SCHWAB STRATEGIC TR	808524797	-451,789	-$12.4M	+$159,642
ADD	ISHARES TR	46432F834	+71,882	+$6.1M	+$501,647
ADD	SELECT SECTOR SPDR TR	81369Y803	+41,800	+$6.0M	-$6.0M
ADD	J P MORGAN EXCHANGE TRADED F	46641Q159	+95,630	+$4.4M	-$51,049
REDUCE	ISHARES TR	464288885	-33,390	-$3.8M	+$4,495
ADD	VANGUARD INTL EQUITY INDEX F	922042858	+55,220	+$3.0M	-$79,191
ADD	VANGUARD BD INDEX FDS	921937819	+37,231	+$2.9M	-$62,168
REDUCE	WISDOMTREE TR	WT	-68,382	-$2.7M	+$334,005
ADD	ISHARES TR	464287200	+3,478	+$2.4M	+$2.0M

Sector Allocation

Financials

10.4%$103.6M

Technology

5.5%$55.4M

Consumer Discretionary

1.5%$15.0M

Healthcare

0.5%$4.8M

Industrials

0.2%$2.3M

Communication Services

0.2%$2.4M

Consumer Staples

0.2%$2.2M

Energy

0.2%$2.1M

Utilities

0.0%$451,832

Filing History

Jan 27, 202613F HOLDINGS REPORTQ/E Dec 2025224 pos · $996.6M
Oct 28, 202513F HOLDINGS REPORTQ/E Sep 2025225 pos · $957.7M
Jul 25, 202513F HOLDINGS REPORTQ/E Jun 2025222 pos · $867.9M
Apr 25, 202513F HOLDINGS REPORTQ/E Mar 2025216 pos · $795.4M
Jan 28, 202513F HOLDINGS REPORTQ/E Dec 2024212 pos · $799.7M
Oct 25, 202413F HOLDINGS REPORTQ/E Sep 2024217 pos · $785.1M
Jul 30, 202413F HOLDINGS REPORTQ/E Jun 2024209 pos · $749.2M
Apr 25, 202413F HOLDINGS REPORTQ/E Mar 2024215 pos · $700.8M
Oct 31, 202313F HOLDINGS REPORTQ/E Dec 2023196 pos · $584.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	129,397	$88.6M	10.74%
2	INVESCO QQQ TR	IVZ	66,190	$40.7M	4.93%
3	APPLE INC	AAPL	144,022	$39.2M	4.74%
4	INVESCO EXCH TRADED FD TR II	IVZ	145,409	$36.8M	4.45%
5	SPDR SERIES TRUST	78464A649	1,254,232	$32.3M	3.91%
6	SPDR INDEX SHS FDS	78463X848	833,994	$30.0M	3.63%
7	VANGUARD SPECIALIZED FUNDS	921908844	122,393	$26.9M	3.26%
8	ISHARES TR	46432F834	315,422	$26.7M	3.23%
9	VANGUARD INDEX FDS	922908744	137,050	$26.2M	3.17%
10	VANGUARD BD INDEX FDS	921937819	333,210	$26.0M	3.14%
11	VANGUARD INDEX FDS	922908769	72,119	$24.2M	2.93%
12	J P MORGAN EXCHANGE TRADED F	46641Q159	520,833	$24.1M	2.92%
13	SCHWAB STRATEGIC TR	808524797	776,322	$21.3M	2.58%
14	SPDR S&P 500 ETF TR	SPY	28,389	$19.4M	2.34%
15	ISHARES TR	464287804	152,453	$18.3M	2.22%
16	SPDR SERIES TRUST	78464A151	562,633	$18.1M	2.19%
17	ISHARES TR	464287507	263,897	$17.4M	2.11%
18	VANGUARD INDEX FDS	922908363	25,993	$16.3M	1.97%
19	SCHWAB STRATEGIC TR	808524102	602,416	$15.8M	1.91%
20	VANGUARD TAX-MANAGED FDS	921943858	228,335	$14.3M	1.73%