Institutional Manager · CIK 0002051965

Berkeley, Inc

Boise, ID · File #028-25427

Latest AUM

$314.5M

Positions

Top-10 Concentration

48.0%

Filings

Portfolio Value Over Time

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	WISDOMTREE TR	WT	-182,545	-$8.9M	+$959,641
ADD	INVESCO EXCH TRADED FD TR II	IVZ	+151,676	+$5.3M	+$701,710
REDUCE	ZOETIS INC	ZTS	-32,022	-$4.0M	-$1.1M
NEW	MORNINGSTAR INC	MORN	+17,382	+$3.8M	$0
REDUCE	WISDOMTREE TR	WT	-90,784	-$3.4M	+$284,983
ADD	INVESCO EXCH TRD SLF IDX FD	IVZ	+44,479	+$2.5M	+$227,041
ADD	PAYCOM SOFTWARE INC	PAYC	+13,140	+$2.1M	-$1.3M
NEW	BLUEROCK PVT REAL ESTATE FD	09631P102	+122,264	+$1.8M	$0
REDUCE	ETF SER SOLUTIONS	26922A321	-27,786	-$1.6M	+$359,987
REDUCE	ULTA BEAUTY INC	ULTA	-2,638	-$1.6M	+$437,067

Sector Allocation

Financials

42.6%$133.9M

Consumer Discretionary

9.7%$30.6M

Technology

5.9%$18.6M

Industrials

2.3%$7.1M

Healthcare

1.4%$4.4M

Filing History

Jan 26, 202613F HOLDINGS REPORTQ/E Dec 202579 pos · $314.5M
Oct 30, 202513F HOLDINGS REPORTQ/E Sep 202575 pos · $310.9M
Aug 11, 202513F HOLDINGS REPORTQ/E Jun 202575 pos · $278.6M
May 1, 202513F HOLDINGS REPORTQ/E Mar 202565 pos · $213.1M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202577 pos · $137.8M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202592 pos · $143.2M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202579 pos · $148.5M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202565 pos · $193.3M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202568 pos · $165.2M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202566 pos · $343.4M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202583 pos · $124.9M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202585 pos · $139.6M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202585 pos · $135.8M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202562 pos · $160.9M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202578 pos · $132.5M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202592 pos · $150.3M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202578 pos · $123.8M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202577 pos · $118.7M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202569 pos · $159.0M
Mar 28, 202513F HOLDINGS REPORT (Amended)Q/E Mar 202581 pos · $146.5M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	INVESCO EXCH TRADED FD TR II	IVZ	619,486	$21.8M	7.20%
2	ETF SER SOLUTIONS	26922A321	355,154	$20.9M	6.92%
3	VISA INC	V	51,486	$18.1M	5.97%
4	MORGAN STANLEY ETF TRUST	MS-PQ	314,208	$15.9M	5.27%
5	NVR INC	NVR	1,919	$14.0M	4.63%
6	LOWES COS INC	548661107	49,029	$11.8M	3.91%
7	MARKEL GROUP INC	MKL	5,203	$11.2M	3.70%
8	ALPHABET INC	GOOG	35,303	$11.0M	3.65%
9	WISDOMTREE TR	WT	222,870	$10.3M	3.42%
10	S&P GLOBAL INC	SPGI	19,249	$10.1M	3.33%
11	WISDOMTREE TR	WT	189,416	$9.2M	3.05%
12	INVESCO EXCH TRD SLF IDX FD	IVZ	160,885	$9.2M	3.04%
13	AMAZON COM INC	AMZN	37,906	$8.7M	2.89%
14	WISDOMTREE TR	WT	178,728	$7.7M	2.54%
15	WISDOMTREE TR	WT	77,195	$6.9M	2.28%
16	EQUIFAX INC	EFX	31,665	$6.9M	2.27%
17	MASTERCARD INCORPORATED	MA	11,398	$6.5M	2.15%
18	PAYCOM SOFTWARE INC	PAYC	40,794	$6.5M	2.15%
19	MICROSOFT CORP	MSFT	13,305	$6.4M	2.13%
20	SPDR SERIES TRUST	78468R754	48,216	$6.4M	2.12%