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Asset Manager ← All Institutions

Shearwater Capital LLC

2000 S. COLORADO BLVD. TOWER 1 SUITE 2000-1148, DENVER, CO 80222 • 314-434-4750

Q2 2025 · Filed 2025-07-14
Market Value
$159M
+11.7%
Holdings
51
+4
New Purchases
6
Added To
11
Closed
1
Reduced
7
Top 10 Concentration
82.5%
Turnover
13.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DFAX 15.58% 14.92% +0.66% $25M
DFGP 0.49% 0.00% +0.49% $786K
DUHP 0.37% 0.00% +0.37% $589K
NVDA 0.64% 0.41% +0.23% $1M
AVGO 0.15% 0.00% +0.15% $234K
DFEV 0.13% 0.00% +0.13% $209K
DIHP 0.13% 0.00% +0.13% $206K
NET 0.13% 0.00% +0.13% $204K
ORCL 0.36% 0.25% +0.10% $565K
AFRM 0.30% 0.22% +0.08% $484K
TSLA 0.90% 0.82% +0.08% $1M
DFGR 0.34% 0.27% +0.07% $534K
DFAC 38.41% 38.35% +0.07% $61M
AMZN 1.98% 1.91% +0.06% $3M
AI 1.04% 0.99% +0.04% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DOCU 5.61% 6.54% -0.94% $9M
DFUV 3.85% 4.19% -0.34% $6M
DFIV 9.52% 9.84% -0.32% $15M
DFAT 2.82% 3.02% -0.20% $4M
XOM 0.00% 0.14% -0.14% $0
DFIP 1.05% 1.16% -0.12% $2M
DFNM 1.19% 1.30% -0.11% $2M
DFCF 0.91% 1.02% -0.10% $1M
SCHZ 0.61% 0.68% -0.07% $971K
AAPL 0.32% 0.38% -0.07% $506K
STLD 0.59% 0.64% -0.05% $933K
HUM 0.24% 0.30% -0.05% $388K
ADBE 0.47% 0.52% -0.05% $743K
DFAS 0.94% 0.99% -0.04% $2M
SCHP 0.36% 0.40% -0.04% $568K

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 89.8%
Technology 5.1%
Consumer Cyclical 2.7%
Basic Materials 0.7%
Industrials 0.6%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 12 $9M 5.7%
Large Cap 26 $129M 81.1%
Mid Cap 10 $18M 11.0%
Small Cap 3 $4M 2.2%

Portfolio Analytics

Avg Market Cap
$511.8B
Median Market Cap
$20.0B
Avg P/E
51.5
Median P/E
32.0
Avg Dividend Yield
0.01%
Avg Beta
1.09
# Stocks
20
# ETFs / Funds
31

Top Holdings (51 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 DFAC 38.41% 1,704,261 $61M $35.84 $6M +49,629 +3.0%
2 DFAX 15.58% 843,365 $25M $29.37 $4M +32,748 +4.0%
3 DFIV 9.52% 353,453 $15M $42.83 $1M -2,502 -0.7%
4 DOCU 5.61% 114,428 $9M $77.89 -$402K
5 DFUV 3.85% 144,613 $6M $42.28 $155K
6 DFAT 2.82% 82,963 $4M $53.96 $179K -497 -0.6%
7 AMZN 1.98% 14,319 $3M $219.39 $417K
8 DFAI 1.79% 82,281 $3M $34.57 $265K -318 -0.4%
9 DFUS 1.51% 35,724 $2M $67.02 $234K
10 DFEM 1.46% 78,110 $2M $29.68 $230K -832 -1.1%
11 DFNM 1.19% 40,051 $2M $47.43 $46K +1,076 +2.8%
12 DFIP 1.05% 39,773 $2M $41.81 $5K +399 +1.0%
13 AI 1.04% 67,276 $2M $24.57 $237K
14 DFAS 0.94% 23,576 $2M $63.71 $93K
15 DFCF 0.91% 34,402 $1M $42.26 $8K +16 +0.1%
16 TSLA 0.90% 4,521 $1M $317.66 $264K
17 GLD 0.83% 4,335 $1M $304.83 $87K +50 +1.2%
18 NVDA 0.64% 6,465 $1M $157.99 $435K +1,050 +19.4%
19 DFAE 0.62% 34,191 $990K $28.95 $89K -594 -1.7%
20 SCHZ 0.61% 41,789 $971K $23.24 $3K
21 STLD 0.59% 7,291 $933K $128.01 $21K
22 IVV 0.55% 1,416 $879K $620.90 $74K -17 -1.2%
23 DISV 0.54% 26,177 $861K $32.91 $100K +24 +0.1%
24 DFGP 0.49% 14,432 $786K $54.49 +14,432 NEW
25 ADBE 0.47% 1,920 $743K $386.88 $6K
26 DUHP 0.37% 16,574 $589K $35.56 +16,574 NEW
27 DFSV 0.37% 20,016 $589K $29.43 $98K +2,569 +14.7%
28 SCHP 0.36% 21,290 $568K $26.68 -$4K
29 ORCL 0.36% 2,585 $565K $218.62 $204K
30 GOOG 0.34% 3,040 $539K $177.39 $64K
31 DFGR 0.34% 19,908 $534K $26.83 $154K +5,413 +37.3%
32 AAPL 0.32% 2,465 $506K $205.17 -$42K
33 AFRM 0.30% 7,000 $484K $69.14 $168K
34 MCO 0.30% 964 $484K $501.69 $35K
35 IVW 0.27% 3,830 $422K $110.10 $66K
36 DFSD 0.26% 8,570 $411K $48.01 $4K
37 STE 0.26% 1,694 $407K $240.26 $23K
38 DFAU 0.25% 9,445 $400K $42.36 $35K -61 -0.6%
39 HUM 0.24% 1,587 $388K $244.55 -$32K
40 DE 0.22% 692 $352K $508.25 $27K
41 MAR 0.19% 1,102 $301K $273.21 $39K
42 SCHF 0.19% 13,328 $295K $22.10 $31K
43 QQQ 0.18% 505 $279K $551.64 $42K
44 SCHV 0.17% 9,992 $276K $27.67 $11K
45 AVGO 0.15% 850 $234K $275.65 +850 NEW
46 BRK-B 0.15% 476 $231K $485.77 -$2K +38 +8.7%
47 VTI 0.14% 747 $227K $303.93 $22K
48 DFEV 0.13% 6,967 $209K $29.99 +6,967 NEW
49 DIHP 0.13% 6,978 $206K $29.49 +6,978 NEW
50 NET 0.13% 1,040 $204K $195.83 +1,040 NEW
51 XOM —% -$206K -1,731 -100.0% SOLD

New Positions

SymbolValue% Port
DFGP $786K 0.49%
DUHP $589K 0.37%
AVGO $234K 0.15%
DFEV $209K 0.13%
DIHP $206K 0.13%
NET $204K 0.13%

Sold Out Positions

SymbolValue% Port
XOM —%
View SEC EDGAR Filings for Shearwater Capital LLC →

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