Institutional Manager · CIK 0002052048

ARRIEN INVESTMENTS, INC.

BOISE, ID · File #028-24872

Latest AUM

$177.3M

Positions

Top-10 Concentration

79.8%

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
ADD	SPDR SERIES TRUST	78464A474	+121,930	+$3.7M	-$6,578
ADD	SPDR SERIES TRUST	78464A649	+130,597	+$3.4M	-$120,455
REDUCE	ISHARES TR	464288760	-10,108	-$2.2M	+$234,948
REDUCE	ISHARES TR	464287226	-17,112	-$1.7M	-$25,081
NEW	SPDR SERIES TRUST	78464A375	+37,996	+$1.3M	$0
ADD	SPDR INDEX SHS FDS	78463X434	+6,771	+$613,926	+$387,863
REDUCE	PERPETUA RESOURCES CORP	PPTA	-24,732	-$598,762	+$191,398
REDUCE	ISHARES TR	464288679	-4,926	-$542,613	-$5,130
REDUCE	ISHARES TR	46436E718	-4,406	-$442,274	-$20,874
NEW	SPDR SERIES TRUST	78464A144	+13,168	+$386,349	$0

Sector Allocation

Technology

1.1%$2.0M

Financials

0.8%$1.3M

Consumer Discretionary

0.5%$829,274

Materials

0.3%$565,497

Healthcare

0.1%$264,371

Utilities

0.1%$227,238

Filing History

Jan 30, 202613F HOLDINGS REPORTQ/E Dec 202546 pos · $177.3M
Nov 3, 202513F HOLDINGS REPORTQ/E Sep 202540 pos · $171.0M
Jul 31, 202513F HOLDINGS REPORTQ/E Jun 202540 pos · $158.3M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202533 pos · $102.7M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202534 pos · $106.1M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202539 pos · $127.9M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202537 pos · $138.5M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202540 pos · $117.9M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202533 pos · $139.5M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202541 pos · $126.7M
Apr 10, 202513F HOLDINGS REPORTQ/E Mar 202535 pos · $113.9M
Feb 10, 202513F HOLDINGS REPORTQ/E Dec 202436 pos · $140.3M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A649	1,335,148	$34.4M	19.39%
2	ISHARES TR	464287465	261,908	$25.2M	14.18%
3	SPDR SERIES TRUST	78464A854	290,173	$23.3M	13.13%
4	SPDR INDEX SHS FDS	78463X434	147,301	$13.4M	7.53%
5	ISHARES TR	464287200	15,057	$10.3M	5.82%
6	SPDR SERIES TRUST	78464A367	369,153	$8.3M	4.70%
7	ISHARES TR	464287697	70,374	$7.6M	4.30%
8	ISHARES TR	464288760	33,166	$7.1M	4.02%
9	ISHARES TR	46436E718	60,824	$6.1M	3.44%
10	SPDR SERIES TRUST	78464A474	195,019	$5.9M	3.32%
11	ISHARES TR	464288372	91,242	$5.6M	3.16%
12	ISHARES TR	464287226	50,676	$5.1M	2.85%
13	VANGUARD INDEX FDS	922908744	20,531	$3.9M	2.21%
14	VANGUARD INDEX FDS	922908363	4,105	$2.6M	1.45%
15	ISHARES TR	464287242	20,137	$2.2M	1.25%
16	ISHARES TR	46435U713	34,526	$1.8M	1.02%
17	FRANKLIN TEMPLETON ETF TR	FGDL	19,563	$1.4M	0.76%
18	VANGUARD WORLD FD	92204A207	6,246	$1.3M	0.74%
19	SPDR SERIES TRUST	78464A375	37,996	$1.3M	0.72%
20	ISHARES TR	464288679	10,204	$1.1M	0.63%