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Livermore
Livermore
ZHEN

Phraction Management LLC

SEC CIK
0001907803
Latest filing
Jul 20, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Jan 26, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
66
0 vs. Q3 2025
Portfolio value
$372.2M
+$25.8M (+7.4%) vs. Q3 2025
Filed
Jan 26, 2026
SEC
Holdings of Phraction Management LLC in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
AMZNAmazon Com IncStock124,135$28.7M7.7%+1,971+1.6%AddedHistory
MSFTMicrosoft CorpStock58,739$28.4M7.6%+91+0.2%AddedHistory
GOOGLAlphabet Inc.Stock89,078$27.9M7.5%00.0%UnchangedHistory
ADIAnalog Devices IncStock76,131$20.6M5.5%+7,793+11.4%AddedHistory
GOOGAlphabet Inc.Stock57,390$18.0M4.8%−148−0.3%ReducedHistory
TMOThermo Fisher Scientific Inc.Stock30,984$18.0M4.8%−37−0.1%ReducedHistory
ASMLASML Holding NVADR14,265$15.3M4.1%−10.0%ReducedHistory
DHRDanaher CorpStock65,797$15.1M4.0%−50.0%ReducedHistory
Bank of Amer Corp0605056827.25%CNV PFD L10,539$13.2M3.5%+210+2.0%Added–
SPGIS&P Global Inc.Stock23,415$12.2M3.3%+247+1.1%AddedHistory
HONHoneywell International IncCOM60,924$11.9M3.2%−156−0.3%ReducedHistory
RTXRTX CorpStock64,690$11.9M3.2%−4,378−6.3%ReducedHistory
LINLinde PLCStock24,153$10.3M2.8%+19,450+413.6%AddedHistory
BACBank of America CorpStock175,440$9.65M2.6%−236−0.1%ReducedHistory
ENTGEntegris IncCOM107,464$9.05M2.4%+55+0.1%AddedHistory
BRK.BBerkshire Hathaway IncStock17,548$8.82M2.4%−156−0.9%ReducedHistory
BDXBecton Dickinson & CoStock45,092$8.75M2.4%−2,896−6.0%ReducedHistory
PHYSSprott Physical Gold TrustPHYSICAL GOLD TR235,467$7.78M2.1%+13,040+5.9%AddedHistory
VVisa Inc.Stock20,501$7.19M1.9%+2,695+15.1%AddedHistory
AMATApplied Materials IncStock27,354$7.03M1.9%−66−0.2%ReducedHistory
WMBWilliams Companies, Inc.COM110,505$6.64M1.8%−100−0.1%ReducedHistory
SNPSSynopsys IncCOM13,249$6.22M1.7%+336+2.6%AddedHistory
WFC.PLWells Fargo & CompanyPERP PFD CNV A5,101$6.18M1.7%+436+9.3%AddedHistory
TDYTeledyne Technologies IncCOM11,924$6.09M1.6%+1,763+17.4%AddedHistory
ICEIntercontinental Exchange, Inc.Stock36,933$5.98M1.6%+910+2.5%AddedHistory
TXNTexas Instruments IncStock32,314$5.61M1.5%−595−1.8%ReducedHistory
PMPhilip Morris International Inc.Stock26,153$4.19M1.1%−11,450−30.4%ReducedHistory
FERGFerguson Enterprises Inc.COMMON STOCK NEW18,435$4.10M1.1%−2,675−12.7%ReducedHistory
LRCXLam Research CorpStock22,474$3.85M1.0%−80−0.4%ReducedHistory
TDGTransDigm Group INCCOM2,079$2.76M0.7%+2,079NewHistory
IBITiShares Bitcoin Trust ETFETF55,600$2.76M0.7%+5,600+11.2%AddedHistory
BNBROOKFIELD CorpCL A LTD VT SH44,909$2.06M0.6%+14,969+50.0%AddedHistory
UNPUnion Pacific CorpStock8,800$2.04M0.5%+1,961+28.7%AddedHistory
PEPPepsiCo IncStock13,713$1.97M0.5%+260+1.9%AddedHistory
METAMeta Platforms, Inc.Stock2,823$1.86M0.5%00.0%UnchangedHistory
MKTWMarketwise, Inc.COM NEW CL A112,070$1.68M0.5%00.0%UnchangedHistory
NVDANVIDIA CorpStock8,000$1.49M0.4%−135−1.7%ReducedHistory
FEFirstenergy CorpCOM28,720$1.29M0.3%−21,890−43.3%ReducedHistory
ALCAlcon IncStock15,811$1.25M0.3%−60−0.4%ReducedHistory
VanEck ETF Trust92189F106GOLD MINERS ETF13,770$1.18M0.3%00.0%Unchanged–
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT5,858$1.12M0.3%00.0%Unchanged–
AAPLApple Inc.Stock3,500$951.5K0.3%00.0%UnchangedHistory
VanEck Morningstar Wide Moat ETF92189F643ETF9,095$941.9K0.3%00.0%Unchanged–
NOCNorthrop Grumman CorpStock1,570$895.2K0.2%−998−38.9%ReducedHistory
Vanguard Ftse All-World Ex-US Index Fund922042775ETF11,965$880.1K0.2%−4,840−28.8%Reduced–
SPYSPDR S&P 500 ETF TrustETF1,128$769.2K0.2%−196−14.8%ReducedHistory
Invesco Exchange Traded FD T46137V431S&P 500 GARP ETF6,710$764.0K0.2%00.0%Unchanged–
ETNEaton Corp plcStock2,183$695.3K0.2%+2,183NewHistory
iShares U.S. Medical Devices ETF464288810ETF11,091$689.3K0.2%+1,075+10.7%Added–
EPDEnterprise Products Partners L.P.Stock21,304$683.0K0.2%+21,304NewHistory
DBX ETF Tr233051879XTRACK HRVST CSI17,610$578.5K0.2%00.0%Unchanged–
SYKStryker CorpStock1,313$461.5K0.1%−100−7.1%ReducedHistory
HDHome Depot, Inc.Stock1,235$425.0K0.1%−309−20.0%ReducedHistory
FMXMexican Economic Development IncSPON ADR UNITS3,955$399.7K0.1%+21+0.5%AddedHistory
SGHCSuper Group (SGHC) LtdORD SHS30,031$358.9K0.1%00.0%UnchangedHistory
AVGOBroadcom Inc.Stock1,000$346.1K0.1%00.0%UnchangedHistory
ULUnilever PLCSPON ADR NEW5,222$341.5K0.1%+5,222NewHistory
iShares MSCI India ETF46429B598ETF6,306$340.8K0.1%+6,306New–
REGNRegeneron Pharmaceuticals, Inc.COM367$283.3K0.1%00.0%UnchangedHistory
CVNACarvana Co.CL A664$280.2K0.1%−121−15.4%ReducedHistory
JPMJPMorgan Chase & CoStock804$259.1K0.1%+804NewHistory
LNGCheniere Energy, Inc.COM NEW1,230$239.1K0.1%−578−32.0%ReducedHistory
MARAMARA Holdings, Inc.COM25,000$224.5K0.1%00.0%UnchangedHistory
VanEck ETF Trust92189H300JP MRGAN EM LOC8,177$211.1K0.1%00.0%Unchanged–
CSGPCostar Group, Inc.COM3,000$201.7K0.1%−9,562−76.1%ReducedHistory
SUIGSUI Group Holdings Ltd.COM NEW32,060$53.5K<0.1%+32,060NewHistory

Options (1)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Phraction Management LLC in Q4 2025
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$3.05M–

Sold out since Q3 2025 (7)

Positions held at the end of Q3 2025 that are gone from this filing.

Positions of Phraction Management LLC sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
DDDuPont de Nemours, Inc.COM27,246$2.12M0.6%History
CPCanadian Pacific Kansas City LtdCOM15,341$1.14M0.3%History
ULUnilever PLCSPON ADR NEW12,280$728.0K0.2%History
Vanguard Whitehall FDS921946794INTL HIGH ETF4,640$392.9K0.1%–
ADSKAutodesk, Inc.COM1,141$362.5K0.1%History
Vanguard Whitehall FDS921946810INTL DVD ETF3,900$349.3K0.1%–
BBarrick Mining CorpStock7,150$234.3K0.1%History