Institutional Manager · CIK 0001977560
Frank, Rimerman Advisors LLC
Palo Alto, CA · File #028-23252
Latest AUM
$1.58B
Positions
600
Top-10 Concentration
62.0%
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 | NETFLIX INC | NFLX | +529,438 | +$49.6M | -$65.3M |
| REDUCE | INVESCO EXCH TRADED FD TR II | IVZ | -119,101 | -$30.1M | +$1.5M |
| EXITED | ISHARES TR | 464287408 | -117,200 | -$24.2M | $0 |
| NEW | UNITED PARCEL SERVICE INC | UPS | +36,734 | +$3.6M | $0 |
| ADD | ALPHABET INC | GOOG | +11,466 | +$3.6M | +$16.8M |
| REDUCE | INVESCO QQQ TR | IVZ | -4,562 | -$2.8M | +$2.1M |
| ADD | MICRON TECHNOLOGY INC | MU | +8,757 | +$2.5M | +$2.1M |
| ADD | ELI LILLY & CO | LLY | +2,295 | +$2.5M | +$2.6M |
| ADD | BROADCOM INC | AVGO | +6,819 | +$2.4M | +$1.2M |
| ADD | AMAZON COM INC | AMZN | +9,616 | +$2.2M | +$1.5M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025600 pos · $1.58B
- 13F HOLDINGS REPORTQ/E Sep 2025593 pos · $1.56B
- 13F HOLDINGS REPORTQ/E Jun 2025561 pos · $1.49B
- 13F HOLDINGS REPORTQ/E Mar 2025512 pos · $1.26B
- 13F HOLDINGS REPORTQ/E Dec 2024518 pos · $1.38B
- 13F HOLDINGS REPORTQ/E Sep 2024527 pos · $1.41B
- 13F HOLDINGS REPORTQ/E Jun 2024538 pos · $1.41B
- 13F HOLDINGS REPORTQ/E Mar 2024315 pos · $479.3M
- 13F HOLDINGS REPORTQ/E Dec 2023101 pos · $413.5M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 559,884 | $104.4M | 10.30% |
| 2 | INVESCO QQQ TR | IVZ | 148,015 | $90.9M | 8.97% |
| 3 | ALPHABET INC | GOOG | 252,137 | $78.9M | 7.78% |
| 4 | APPLE INC | AAPL | 282,326 | $76.8M | 7.57% |
| 5 | MICROSOFT CORP | MSFT | 122,864 | $59.4M | 5.86% |
| 6 | NETFLIX INC | NFLX | 588,508 | $55.2M | 5.44% |
| 7 | SPDR S&P 500 ETF TR | SPY | 74,932 | $51.1M | 5.04% |
| 8 | ALPHABET INC | GOOG | 139,720 | $43.8M | 4.32% |
| 9 | INVESCO EXCH TRADED FD TR II | IVZ | 139,314 | $35.2M | 3.47% |
| 10 | VANGUARD INDEX FDS | 922908769 | 97,509 | $32.7M | 3.22% |
| 11 | AMAZON COM INC | AMZN | 138,533 | $32.0M | 3.15% |
| 12 | BROADCOM INC | AVGO | 80,873 | $28.0M | 2.76% |
| 13 | META PLATFORMS INC | META | 39,439 | $26.0M | 2.57% |
| 14 | JPMORGAN CHASE & CO. | VYLD | 58,361 | $18.8M | 1.85% |
| 15 | TESLA INC | TSLA | 41,708 | $18.8M | 1.85% |
| 16 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 54,976 | $16.7M | 1.65% |
| 17 | ELI LILLY & CO | LLY | 10,792 | $11.6M | 1.14% |
| 18 | INVESCO EXCHANGE TRADED FD T | IVZ | 59,293 | $11.4M | 1.12% |
| 19 | VANGUARD TAX-MANAGED FDS | 921943858 | 179,379 | $11.2M | 1.10% |
| 20 | VISA INC | V | 29,175 | $10.2M | 1.01% |