Institutional Manager · CIK 0002086643
Element Squared LLC
MINNEAPOLIS, MN · File #028-25792
Latest AUM
$184.3M
Positions
49
Top-10 Concentration
59.2%
Filings
3
Portfolio Value Over Time
2025-09
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 |
|---|---|---|---|---|---|
| NEW | INNOVATOR ETFS TRUST | INHD | +634,982 | +$36.8M | $0 |
| EXITED | INNOVATOR ETFS TRUST | 45784N841 | -1,122,532 | -$29.0M | $0 |
| NEW | SPDR S&P 500 ETF TR | SPY | +22,485 | +$15.3M | $0 |
| ADD | INVESCO EXCHANGE TRADED FD T | IVZ | +73,359 | +$14.1M | +$14,221 |
| EXITED | INNOVATOR ETFS TRUST | 45784N767 | -345,068 | -$9.5M | $0 |
| ADD | INNOVATOR ETFS TRUST | INHD | +317,779 | +$9.1M | +$41,602 |
| EXITED | INNOVATOR ETFS TRUST | 45784N791 | -323,715 | -$8.4M | $0 |
| REDUCE | INNOVATOR ETFS TRUST | INHD | -106,293 | -$5.0M | +$519,317 |
| ADD | INVESCO QQQ TR | IVZ | +7,607 | +$4.7M | +$219,375 |
| EXITED | INNOVATOR ETFS TRUST | 45782C334 | -61,157 | -$3.1M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202549 pos · $184.3M
- 13F HOLDINGS REPORTQ/E Sep 202560 pos · $175.4M
- 13F HOLDINGS REPORTQ/E Sep 202555 pos · $160.4M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | INNOVATOR ETFS TRUST | INHD | 634,982 | $36.8M | 19.96% |
| 2 | SPDR S&P 500 ETF TR | SPY | 22,485 | $15.3M | 8.32% |
| 3 | INVESCO EXCHANGE TRADED FD T | IVZ | 74,805 | $14.3M | 7.78% |
| 4 | NVIDIA CORPORATION | NVDA | 71,331 | $13.3M | 7.22% |
| 5 | INNOVATOR ETFS TRUST | INHD | 348,965 | $10.0M | 5.43% |
| 6 | INVESCO QQQ TR | IVZ | 11,106 | $6.8M | 3.70% |
| 7 | APPLE INC | AAPL | 13,209 | $3.6M | 1.95% |
| 8 | INNOVATOR ETFS TRUST | INHD | 68,553 | $3.2M | 1.75% |
| 9 | AMPHENOL CORP NEW | 032095101 | 21,531 | $2.9M | 1.58% |
| 10 | ALPHABET INC | GOOG | 8,833 | $2.8M | 1.50% |
| 11 | PARKER-HANNIFIN CORP | PH | 3,116 | $2.7M | 1.49% |
| 12 | ADVANCED MICRO DEVICES INC | AMD | 12,620 | $2.7M | 1.47% |
| 13 | APPLOVIN CORP | APP | 3,969 | $2.7M | 1.45% |
| 14 | BROADCOM INC | AVGO | 7,726 | $2.7M | 1.45% |
| 15 | BIOGEN INC | BIIB | 15,051 | $2.6M | 1.44% |
| 16 | ABBVIE INC | ABBV | 11,518 | $2.6M | 1.43% |
| 17 | ASTRAZENECA PLC | AZN | 28,452 | $2.6M | 1.42% |
| 18 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 48,420 | $2.6M | 1.42% |
| 19 | AFFIRM HLDGS INC | AFRM | 33,664 | $2.5M | 1.36% |
| 20 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 8,090 | $2.5M | 1.33% |