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Asset Manager ← All Institutions

Balefire, LLC

14221 DALLAS PARKWAY SUITE 100, DALLAS, TX 75254 • 9728488123

Q4 2025 · Filed 2026-01-12
Market Value
$506M
+2.5%
Holdings
427
+15
New Purchases
40
Added To
189
Closed
42
Reduced
150
Top 10 Concentration
21.4%
Turnover
19.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 0.98% 0.61% +0.37% $5M
XBI 0.32% 0.00% +0.32% $2M
RSP 1.27% 0.96% +0.31% $6M
AGG 0.54% 0.24% +0.31% $3M
HON 0.30% 0.00% +0.30% $2M
GEHC 0.26% 0.00% +0.26% $1M
COPX 0.37% 0.14% +0.23% $2M
JAAA 0.22% 0.00% +0.22% $1M
ACN 0.27% 0.06% +0.21% $1M
RTO 0.59% 0.38% +0.21% $3M
MU 0.68% 0.48% +0.20% $3M
SPDW 0.90% 0.71% +0.19% $5M
GOOGL 0.69% 0.50% +0.18% $3M
EWX 0.17% 0.00% +0.17% $872K
FDL 0.54% 0.37% +0.17% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FI 0.00% 0.46% -0.46% $0
VBIL 0.00% 0.42% -0.42% $0
BAX 0.00% 0.37% -0.37% $0
IREN 0.27% 0.62% -0.35% $1M
EUFN 0.00% 0.33% -0.33% $0
IGF 0.00% 0.33% -0.33% $0
AMZN 0.81% 1.13% -0.32% $4M
MBSF 1.79% 2.09% -0.30% $9M
SSO 0.10% 0.40% -0.29% $525K
AAPL 1.39% 1.65% -0.26% $7M
NICE 0.00% 0.25% -0.25% $0
FIS 0.00% 0.23% -0.23% $0
MSFT 1.69% 1.88% -0.18% $9M
PM 0.88% 1.06% -0.18% $4M
WBD 0.00% 0.18% -0.18% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 64.0%
Technology 9.4%
Industrials 6.2%
Healthcare 5.2%
Energy 3.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 65 $151M 29.8%
Large Cap 253 $263M 51.9%
Mid Cap 75 $66M 12.9%
Small Cap 23 $15M 3.0%
Micro Cap 11 $12M 2.4%

Portfolio Analytics

Avg Market Cap
$172.6B
Median Market Cap
$33.5B
Avg P/E
32.8
Median P/E
23.7
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
237
# ETFs / Funds
190

Top Holdings (427 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SPTM 3.60% 221,071 $18M $82.50 -$339K -9,271 -4.0%
2 SPY 2.43% 18,060 $12M $681.91 $755K +707 +4.1%
3 NVDA 2.41% 65,488 $12M $186.50 $521K +2,823 +4.5%
4 SHY 2.15% 131,645 $11M $82.82 -$49K -371 -0.3%
5 QQQ 2.07% 17,024 $10M $614.33 $103K -224 -1.3%
6 VOO 2.06% 16,652 $10M $627.14 $921K +1,102 +7.1%
7 MBSF 1.79% 353,761 $9M $25.64 -$1M -51,385 -12.7%
8 MSFT 1.69% 17,742 $9M $483.61 -$706K -186 -1.0%
9 SPAB 1.62% 317,892 $8M $25.75 $87K +4,601 +1.5%
10 SPLG 1.53% 96,484 $8M $80.22 $381K +2,551 +2.7%
11 AAPL 1.39% 25,862 $7M $271.86 -$1M -6,084 -19.0%
12 LQD 1.28% 58,892 $6M $110.19 -$141K -591 -1.0%
13 RSP 1.27% 33,669 $6M $191.56 $2M +8,582 +34.2%
14 DE 1.22% 13,306 $6M $465.55 $104K -13 -0.1%
15 GLD 1.21% 15,440 $6M $396.31 $92K -1,516 -8.9%
16 BRK-B 1.14% 11,520 $6M $502.65 -$79K -156 -1.3%
17 GOOG 1.14% 18,359 $6M $313.80 $658K -2,594 -12.4%
18 BIL 1.13% 62,530 $6M $91.38 $697K +7,845 +14.3%
19 HYG 1.03% 64,585 $5M $80.63 $629K +8,195 +14.5%
20 IVV 0.98% 7,235 $5M $684.94 $2M +2,766 +61.9%
21 REM 0.91% 208,184 $5M $22.18 $37K -317 -0.1%
22 SPDW 0.90% 103,155 $5M $44.41 $1M +20,827 +25.3%
23 TSLA 0.88% 9,962 $4M $449.72 -$239K -650 -6.1%
24 PM 0.88% 27,826 $4M $160.40 -$787K -4,542 -14.0%
25 TMO 0.88% 7,681 $4M $579.45 $398K -674 -8.1%
26 AMLP 0.86% 92,175 $4M $47.02 $233K +4,798 +5.5%
27 EFA 0.85% 44,749 $4M $96.03 $134K +161 +0.4%
28 AMZN 0.81% 17,830 $4M $230.82 -$1M -7,660 -30.1%
29 SDY 0.80% 28,998 $4M $139.16 -$22K +24 +0.1%
30 GDX 0.76% 45,113 $4M $85.77 -$169K -7,747 -14.7%
31 AGNCZ 0.76% 358,551 $4M $10.72 $384K +5,185 +1.5%
32 AVGO 0.76% 11,093 $4M $346.09 $283K +313 +2.9%
33 GOOGL 0.69% 11,122 $3M $313.00 $987K +861 +8.4%
34 MU 0.68% 12,054 $3M $285.41 $1M -2,196 -15.4%
35 SPYG 0.68% 32,033 $3M $106.70 $509K +4,196 +15.1%
36 EEM 0.66% 60,947 $3M $54.71 $95K +286 +0.5%
37 IQV 0.66% 14,718 $3M $225.41 $147K -1,977 -11.8%
38 JPM 0.64% 9,981 $3M $322.24 $22K -146 -1.4%
39 SPEM 0.63% 67,935 $3M $46.81 $160K +3,425 +5.3%
40 ORCL 0.61% 15,943 $3M $194.91 -$732K +2,291 +16.8%
41 LNG 0.59% 15,417 $3M $194.39 $57K +2,904 +23.2%
42 USHY 0.59% 80,090 $3M $37.40 -$117K -2,282 -2.8%
43 RTO 0.59% 101,463 $3M $29.46 $1M +26,706 +35.7%
44 SHYG 0.57% 67,709 $3M $42.87 -$2K +621 +0.9%
45 HYLB 0.57% 78,056 $3M $36.83 -$159K -3,700 -4.5%
46 SECT 0.55% 43,002 $3M $64.53 $651K +9,305 +27.6%
47 AGG 0.54% 27,602 $3M $99.88 $2M +15,841 +134.7%
48 RDVY 0.54% 39,521 $3M $69.47 $733K +9,594 +32.1%
49 FDL 0.54% 61,440 $3M $44.34 $906K +19,563 +46.7%
50 WMB 0.53% 44,830 $3M $60.11 -$122K +372 +0.8%
51 META 0.53% 4,054 $3M $660.10 $10K +424 +11.7%
52 VVV 0.52% 90,798 $3M $29.06 $427K +29,204 +47.4%
53 COP 0.51% 27,720 $3M $93.61 $61K +934 +3.5%
54 CCJ 0.51% 28,343 $3M $91.49 $42K -2,072 -6.8%
55 QQQM 0.50% 10,019 $3M $252.92 -$127K -749 -7.0%
56 IEFA 0.50% 28,309 $3M $89.46 $200K +1,596 +6.0%
57 VTV 0.48% 12,836 $2M $190.99 $121K +337 +2.7%
58 SPHY 0.47% 100,335 $2M $23.67 -$99K -2,991 -2.9%
59 JNK 0.46% 23,962 $2M $97.21 -$105K -883 -3.5%
60 KOF 0.45% 24,048 $2M $94.71 -$13K -3,515 -12.8%
61 MDT 0.45% 23,598 $2M $96.06 $366K +3,640 +18.2%
62 CACI 0.45% 4,232 $2M $532.81 $89K -110 -2.5%
63 ETR 0.44% 24,277 $2M $92.43 $447K +4,995 +25.9%
64 VUG 0.44% 4,597 $2M $487.86 -$4K -87 -1.9%
65 MIDD 0.44% 15,003 $2M $148.67 $557K +2,415 +19.2%
66 TBIL 0.43% 43,769 $2M $49.88 -$126K -2,417 -5.2%
67 FTSM 0.43% 36,127 $2M $59.93 $575K +9,585 +36.1%
68 BLL 0.40% 38,028 $2M $52.97 -$165K -5,198 -12.0%
69 LLY 0.40% 1,867 $2M $1,074.71 $818K +309 +19.8%
70 WMT 0.39% 17,937 $2M $111.41 $150K
71 LVHI 0.39% 53,584 $2M $36.82 $203K +2,641 +5.2%
72 ETN 0.39% 6,191 $2M $318.51 -$310K +94 +1.5%
73 DLTR 0.38% 15,447 $2M $123.01 -$733K -12,458 -44.6%
74 SPYV 0.37% 33,141 $2M $56.81 $689K +11,564 +53.6%
75 SJNK 0.37% 74,281 $2M $25.32 -$60K -1,538 -2.0%
76 IBN 0.37% 62,252 $2M $29.80 $84K +3,668 +6.3%
77 COPX 0.37% 25,771 $2M $71.79 $1M +14,335 +125.3%
78 HD 0.35% 5,108 $2M $344.10 $346K +1,624 +46.6%
79 IEMG 0.34% 25,835 $2M $67.22 -$36K -1,056 -3.9%
80 CRL 0.34% 8,638 $2M $199.48 $185K -1,195 -12.2%
81 CVX 0.34% 11,297 $2M $152.41 $452K +3,120 +38.2%
82 SPSM 0.34% 36,458 $2M $46.86 -$175K -4,211 -10.3%
83 LMBS 0.34% 34,130 $2M $49.99 $297K +5,827 +20.6%
84 XLI 0.33% 10,609 $2M $155.12 -$261K -1,753 -14.2%
85 XBI 0.32% 13,459 $2M $121.93 +13,459 NEW
86 AVTR 0.32% 141,136 $2M $11.46 -$393K -19,951 -12.4%
87 JIRE 0.30% 20,519 $2M $74.88 -$73K -1,364 -6.2%
88 FSIG 0.30% 79,425 $2M $19.19 $292K +15,266 +23.8%
89 HON 0.30% 7,757 $2M $195.09 +7,757 NEW
90 IBM 0.29% 5,018 $1M $296.21 $104K +119 +2.4%
91 IEUR 0.29% 20,629 $1M $70.98 $36K -338 -1.6%
92 SCHW 0.28% 14,243 $1M $99.91 $76K +131 +0.9%
93 NVT 0.27% 13,644 $1M $101.97 $20K -261 -1.9%
94 IREN 0.27% 36,433 $1M $37.77 -$2M -28,877 -44.2%
95 ACN 0.27% 5,042 $1M $268.30 $1M +3,867 +329.1%
96 NEM 0.27% 13,488 $1M $99.85 $511K +3,575 +36.1%
97 VTI 0.26% 3,997 $1M $335.26 -$25K -162 -3.9%
98 GEHC 0.26% 15,915 $1M $82.02 +15,915 NEW
99 QCOM 0.26% 7,570 $1M $171.05 $674K +3,838 +102.8%
100 MA 0.25% 2,232 $1M $570.88 -$120K -219 -8.9%

New Positions

SymbolValue% Port
XBI $2M 0.32%
HON $2M 0.30%
GEHC $1M 0.26%
JAAA $1M 0.22%
EWX $872K 0.17%
EWY $839K 0.17%
EFV $807K 0.16%
KKR $773K 0.15%
ICLN $769K 0.15%
FVD $565K 0.11%
JFLX $474K 0.09%
EZU $449K 0.09%
AEE $434K 0.09%
LGOV $381K 0.08%
CRWD $371K 0.07%

Sold Out Positions

SymbolValue% Port
BAX —%
EOG —%
ELF —%
LOW —%
ITW —%
WSO —%
VRT —%
RSG —%
HEI-A —%
OXY —%
FLG —%
NE —%
PKG —%
HOOD —%
FAST —%
View SEC EDGAR Filings for Balefire, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms