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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

Q4 2025 · Filed 2026-01-13
Market Value
$174M
+3.4%
Holdings
53
+3
New Purchases
3
Added To
13
Closed
0
Reduced
11
Top 10 Concentration
81.9%
Turnover
5.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DFIV 9.82% 9.42% +0.40% $17M
DFAX 16.05% 15.82% +0.24% $28M
IVV 0.71% 0.56% +0.15% $1M
BRK-B 0.27% 0.14% +0.13% $477K
VOO 0.12% 0.00% +0.12% $216K
XOM 0.12% 0.00% +0.12% $208K
EFV 0.12% 0.00% +0.12% $207K
GOOG 0.55% 0.44% +0.11% $955K
STLD 0.71% 0.60% +0.11% $1M
GLD 0.97% 0.91% +0.06% $2M
AMZN 1.91% 1.87% +0.04% $3M
DISV 0.59% 0.56% +0.03% $1M
DFNM 1.24% 1.20% +0.03% $2M
MAR 0.20% 0.17% +0.03% $342K
MCO 0.28% 0.27% +0.01% $493K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
DOCU 4.49% 4.89% -0.40% $8M
DFAC 38.46% 38.78% -0.32% $67M
AI 0.52% 0.69% -0.17% $907K
DFUV 3.59% 3.75% -0.15% $6M
ORCL 0.29% 0.43% -0.14% $504K
DFAI 1.63% 1.76% -0.13% $3M
DFEM 1.43% 1.49% -0.06% $2M
AAPL 0.32% 0.37% -0.05% $560K
DFAT 2.82% 2.86% -0.04% $5M
DFCF 0.84% 0.87% -0.03% $1M
TSLA 1.17% 1.19% -0.03% $2M
NVDA 0.69% 0.72% -0.02% $1M
SCHZ 0.56% 0.58% -0.02% $977K
DFSV 0.40% 0.42% -0.02% $698K
SCHP 0.32% 0.34% -0.02% $564K

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 13 $12M 6.6%
Large Cap 27 $142M 81.7%
Mid Cap 10 $17M 10.0%
Small Cap 3 $3M 1.7%

Portfolio Analytics

Avg Market Cap
$523.4B
Median Market Cap
$21.3B
Avg P/E
51.5
Median P/E
32.0
Avg Dividend Yield
0.01%
Avg Beta
1.08
# Stocks
20
# ETFs / Funds
33

Top Holdings (53 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 DFAC 38.46% 1,692,313 $67M $39.59 $2M -1,966 -0.1%
2 DFAX 16.05% 854,520 $28M $32.73 $1M +5,084 +0.6%
3 DFIV 9.82% 342,883 $17M $49.90 $1M -1,287 -0.4%
4 DOCU 4.49% 114,428 $8M $68.40 -$422K
5 DFUV 3.59% 134,352 $6M $46.59 -$53K -6,892 -4.9%
6 DFAT 2.82% 82,445 $5M $59.54 $92K -295 -0.4%
7 AMZN 1.91% 14,379 $3M $230.82 $175K +60 +0.4%
8 DFUS 1.74% 40,866 $3M $74.17 $72K +18 +0.0%
9 DFAI 1.63% 74,708 $3M $38.11 -$122K -6,967 -8.5%
10 DFEM 1.43% 75,226 $2M $33.08 -$16K -2,857 -3.7%
11 DFNM 1.24% 44,700 $2M $48.17 $126K +2,445 +5.8%
12 TSLA 1.17% 4,521 $2M $449.72 $23K
13 DFIP 1.00% 42,069 $2M $41.55 $39K +1,589 +3.9%
14 GLD 0.97% 4,278 $2M $396.31 $164K -31 -0.7%
15 DFAS 0.94% 23,472 $2M $69.67 $29K +2 +0.0%
16 DFCF 0.84% 34,321 $1M $42.56 -$11K -95 -0.3%
17 STLD 0.71% 7,291 $1M $169.44 $219K
18 IVV 0.71% 1,800 $1M $684.94 $285K +384 +27.1%
19 NVDA 0.69% 6,465 $1M $186.50 -$517
20 DFAE 0.63% 33,956 $1M $32.57 $27K -253 -0.7%
21 DISV 0.59% 27,071 $1M $38.00 $92K +827 +3.1%
22 SCHZ 0.56% 41,789 $977K $23.37 -$4K
23 GOOG 0.55% 3,042 $955K $313.81 $214K
24 AI 0.52% 67,276 $907K $13.48 -$260K
25 DFGP 0.51% 16,384 $886K $54.07 $43K +1,213 +8.0%
26 DFSV 0.40% 21,221 $698K $32.89 -$9K -968 -4.4%
27 ADBE 0.39% 1,920 $672K $349.99 -$5K
28 DUHP 0.36% 16,574 $630K $38.03 $4K
29 DFGR 0.36% 23,538 $622K $26.42 $33K +1,983 +9.2%
30 SCHP 0.32% 21,290 $564K $26.49 -$10K
31 AAPL 0.32% 2,059 $560K $271.86 -$68K -406 -16.5%
32 AFRM 0.30% 7,000 $521K $74.43 $9K
33 ORCL 0.29% 2,585 $504K $194.90 -$223K
34 MCO 0.28% 964 $493K $510.95 $33K
35 BRK-B 0.27% 949 $477K $502.65 $238K +473 +99.4%
36 IVW 0.27% 3,830 $472K $123.26 $10K
37 STE 0.25% 1,694 $430K $253.56 $10K
38 DFSD 0.23% 8,494 $407K $47.95 -$2K +4 +0.1%
39 HUM 0.23% 1,587 $407K $256.20 -$6K
40 MAR 0.20% 1,102 $342K $310.24 $55K
41 QQQ 0.19% 530 $326K $614.31 $22K +25 +5.0%
42 DE 0.18% 692 $322K $465.35 $6K
43 SCHF 0.18% 13,328 $320K $24.04 $10K
44 SCHV 0.17% 9,992 $296K $29.61 $5K
45 AVGO 0.17% 850 $294K $346.10 $14K
46 DFAU 0.17% 6,225 $291K $46.80 $6K
47 VTI 0.14% 747 $250K $335.27 $5K
48 DFEV 0.13% 6,967 $235K $33.74 $13K
49 DIHP 0.13% 6,978 $221K $31.66 $9K
50 VOO 0.12% 344 $216K $627.13 +344 NEW
51 XOM 0.12% 1,731 $208K $120.34 +1,731 NEW
52 EFV 0.12% 2,898 $207K $71.41 +2,898 NEW
53 NET 0.12% 1,040 $205K $197.15 -$18K

New Positions

SymbolValue% Port
VOO $216K 0.12%
XOM $208K 0.12%
EFV $207K 0.12%
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