Cladis Investment Advisory, LLC
CIK 1911520 · View on SEC EDGAR ↗
- Portfolio value
- $214.0M
- Positions
- 173
- As of
- June 30, 2026
#6,241 of 9,443 by 13F value · top 66.1%
Portfolio value QoQ: +17.7% 13F does not disclose cash
- Top 10 holdings weight
- 29.92%
- Top 25 holdings weight
- 49.17%
- Positions above 1%
- 22
- Effective number of positions
- 60.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 4.31% Est. buys $12,780,384 · sells $8,530,569
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 84.8% still held
- New positions
- 19
- Increased
- 53
- Decreased
- 43
- Closed
- 5
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +26.7% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 92.8% · Options excluded: 0.0%
Sector breakdown
Technology
28.2%
Industrials
16.0%
Healthcare
7.7%
Retail
5.3%
Financials
4.9%
Energy
3.6%
Communication Services
3.5%
Consumer Discretionary
2.6%
Utilities
2.4%
Consumer Staples
1.9%
Telecommunication
1.8%
Financial Services
1.8%
Logistics & Transportation
1.4%
Materials
1.1%
Consumer products
0.4%
Communications
0.4%
Real Estate
0.2%
Other/Unmapped
16.8%
Full portfolio 173 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AAPL Apple Inc. - Common Stock | $15,313,379 | 7.16% | 52,922 | $1,729,388 | Down ×3 | ||
| NVDA NVIDIA Corporation - Common Stock | $9,447,875 | 4.42% | 47,218 | $1,073,357 | Down ×1 | ||
| GEV GE Vernova Inc. Common Stock | $5,669,118 | 2.65% | 4,825 | $1,461,870 | Up ×1 | ||
| GE GE Aerospace Common Stock | $5,578,520 | 2.61% | 14,927 | $1,229,304 | Down ×4 | ||
| AMZN Amazon.com, Inc. - Common Stock | $5,084,984 | 2.38% | 21,335 | $656,747 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $4,968,651 | 2.32% | 4,143 | $1,158,523 | Up ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $4,918,971 | 2.30% | 10,300 | $1,438,086 | |||
| MSFT Microsoft Corporation - Common Stock | $4,443,134 | 2.08% | 11,911 | $233,194 | Up ×6 | ||
| QQQ Invesco QQQ Trust, Series 1 | $4,404,032 | 2.06% | 5,980 | $1,078,616 | Up ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $4,193,894 | 1.96% | 3,938 | $1,172,145 | Down ×3 | ||
| XLK XLK | $4,118,346 | 1.92% | 21,616 | $1,297,928 | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $4,098,320 | 1.92% | 7,055 | $2,458,674 | Down ×1 | ||
| FIBK First Interstate BancSystem, Inc. - Common Stock | $3,233,853 | 1.51% | 83,865 | $396,407 | Down ×4 | ||
| IBM International Business Machines Corporation Common Stock | $3,127,327 | 1.46% | 11,121 | $419,620 | Down ×5 | ||
| COST Costco Wholesale Corporation - Common Stock | $2,992,009 | 1.40% | 3,198 | $-204,908 | Down ×2 | ||
| XOM Exxon Mobil Corporation Common Stock | $2,898,351 | 1.35% | 21,199 | $-714,868 | Down ×2 | ||
| ORCL Oracle Corporation Common Stock | $2,622,817 | 1.23% | 17,897 | $742,772 | Up ×2 | ||
| VRT Vertiv Holdings, LLC Class A Common Stock | $2,556,363 | 1.19% | 7,635 | $605,590 | Down ×4 | ||
| INTC Intel Corporation - Common Stock | $2,472,211 | 1.16% | 17,705 | $1,399,612 | Down ×3 | ||
| JPM JP Morgan Chase & Co. Common Stock | $2,357,758 | 1.10% | 7,203 | $238,924 | |||
| DELL Dell Technologies Inc. Class C Common Stock | $2,219,862 | 1.04% | 5,145 | $1,019,251 | Down ×5 | ||
| NEE NextEra Energy, Inc. Common Stock | $2,150,365 | 1.00% | 24,500 | $-32,315 | Up ×1 | ||
| VZ Verizon Communications Inc. Common Stock | $2,118,764 | 0.99% | 50,042 | $-448,413 | Down ×6 | ||
| XLE XLE | $2,113,512 | 0.99% | 39,795 | $-339,645 | Down ×2 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $2,106,200 | 0.98% | 5,961 | $1,250,506 | Up ×1 | ||
| QXO QXO, Inc. Common Stock | $2,090,275 | 0.98% | 120,965 | $79,140 | Up ×1 | ||
| ECG Everus Construction Group, Inc. Common Stock | $2,081,451 | 0.97% | 12,543 | $600,667 | |||
| UBER Uber Technologies, Inc. Common Stock | $2,041,118 | 0.95% | 28,286 | $687,323 | Up ×2 | ||
| SNOW Snowflake Inc. Common Stock | $2,027,602 | 0.95% | 7,967 | $860,255 | Up ×1 | ||
| UPS United Parcel Service, Inc. Common Stock | $1,964,141 | 0.92% | 18,271 | $38,820 | Down ×3 | ||
| XLF XLF | $1,923,375 | 0.90% | 35,877 | $242,408 | Up ×1 | ||
| UNH UnitedHealth Group Incorporated Common Stock (DE) | $1,911,423 | 0.89% | 4,599 | $485,763 | Down ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,827,916 | 0.85% | 14,225 | $128,905 | Up ×1 | ||
| T AT&T Inc. | $1,789,830 | 0.84% | 86,465 | $-734,122 | Down ×2 | ||
| KNF Knife Riv Holding Co. Common Stock | $1,779,006 | 0.83% | 21,267 | $1,709 | Down ×2 | ||
| MU Micron Technology, Inc. - Common Stock | $1,759,370 | 0.82% | 1,524 | $1,212,341 | Down ×2 | ||
| SPY SPY | $1,728,026 | 0.81% | 2,314 | $526,848 | Up ×1 | ||
| FTAI FTAI Aviation Ltd. - Common Stock | $1,623,180 | 0.76% | 6,000 | $30,680 | Down ×2 | ||
| XLU XLU | $1,621,096 | 0.76% | 35,754 | $43,065 | Up ×5 | ||
| F Ford Motor Company Common Stock | $1,588,972 | 0.74% | 114,315 | $152,118 | Down ×1 | ||
| NKE Nike, Inc. Common Stock | $1,586,049 | 0.74% | 38,637 | $21,718 | Up ×3 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,585,710 | 0.74% | 2,815 | $61,512 | Up ×4 | ||
| DIS Walt Disney Company (The) Common Stock | $1,553,377 | 0.73% | 16,139 | $-1,327 | Up ×2 | ||
| BRKB | $1,550,208 | 0.72% | 3,098 | $41,686 | Down ×2 | ||
| VFH | $1,546,958 | 0.72% | 11,755 | $126,836 | |||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $1,520,938 | 0.71% | 1,993 | $742,851 | |||
| PFE Pfizer, Inc. Common Stock | $1,482,151 | 0.69% | 61,551 | $-260,164 | Down ×4 | ||
| GBCI Glacier Bancorp, Inc. Common Stock | $1,459,611 | 0.68% | 28,298 | $195,539 | |||
| ARTY | $1,411,626 | 0.66% | 18,535 | $490,565 | Down ×1 | ||
| NFLX Netflix, Inc. - Common Stock | $1,398,369 | 0.65% | 19,585 | $-203,971 | Up ×3 | ||
| WMT Walmart Inc. - Common Stock | $1,383,002 | 0.65% | 12,211 | $-140,687 | Down ×2 | ||
| XLC XLC | $1,373,085 | 0.64% | 12,817 | $43,984 | Up ×2 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $1,319,747 | 0.62% | 3,870 | $739,389 | Up ×2 | ||
| XLV XLV | $1,238,391 | 0.58% | 7,805 | $144,650 | Up ×3 | ||
| KRE | $1,205,085 | 0.56% | 16,100 | $159,427 | Up ×5 | ||
| SBUX Starbucks Corporation - Common Stock | $1,203,804 | 0.56% | 11,780 | $144,035 | Down ×2 | ||
| PSX Phillips 66 Common Stock | $1,196,669 | 0.56% | 7,079 | $-92,891 | Up ×1 | ||
| MEG Montrose Environmental Group, Inc. Common Stock | $1,147,928 | 0.54% | 56,800 | $-10,053 | Up ×1 | ||
| GEHC GE HealthCare Technologies Inc. - Common Stock | $1,128,060 | 0.53% | 17,623 | $-93,969 | Up ×1 | ||
| DFAS | $1,085,241 | 0.51% | 13,180 | $234,953 | Up ×5 | ||
| HD Home Depot, Inc. (The) Common Stock | $1,072,463 | 0.50% | 3,041 | $72,428 | |||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $1,041,711 | 0.49% | 1,030 | $85,742 | Down ×1 | ||
| IBB IBB | $984,233 | 0.46% | 5,175 | $93,549 | Down ×4 | ||
| WFC Wells Fargo & Company Common Stock | $969,192 | 0.45% | 11,728 | $35,581 | Up ×1 | ||
| FDX FedEx Corporation Common Stock | $939,390 | 0.44% | 3,000 | $-129,150 | |||
| JNJ Johnson & Johnson Common Stock | $926,945 | 0.43% | 3,650 | $34,838 | |||
| COIN Coinbase Global, Inc. - 3Class A Common Stock | $926,845 | 0.43% | 6,340 | $-30,018 | Up ×3 | ||
| PM Philip Morris International Inc Common Stock | $906,178 | 0.42% | 5,009 | $540,942 | Up ×1 | ||
| TXN Texas Instruments Incorporated - Common Stock | $894,210 | 0.42% | 3,000 | $311,790 | |||
| BX Blackstone Inc. Common Stock | $882,525 | 0.41% | 7,500 | $20,100 | |||
| BA Boeing Company (The) Common Stock | $882,115 | 0.41% | 4,075 | $71,068 | |||
| BMY Bristol-Myers Squibb Company Common Stock | $881,586 | 0.41% | 15,300 | $-46,359 | |||
| VLO Valero Energy Corporation Common Stock | $868,307 | 0.41% | 3,334 | $19,834 | Down ×1 | ||
| CPK Chesapeake Utilities Corporation Common Stock | $857,360 | 0.40% | 7,000 | $-153,600 | Down ×1 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $843,082 | 0.39% | 2,120 | $-35,104 | Up ×1 | ||
| C Citigroup, Inc. Common Stock | $827,304 | 0.39% | 5,911 | $156,937 | |||
| CLF Cleveland-Cliffs Inc. Common Stock | $820,217 | 0.38% | 87,350 | $3,524 | Down ×4 | ||
| NOW ServiceNow, Inc. Common Stock | $786,794 | 0.37% | 7,925 | $191,382 | Up ×4 | ||
| MO Altria Group, Inc. | $785,262 | 0.37% | 10,914 | $131,037 | Up ×1 | ||
| MDU MDU Resources Group, Inc. Common Stock (Holding Company) | $779,050 | 0.36% | 36,730 | $-468,610 | Down ×6 | ||
| BAC Bank of America Corporation Common Stock | $759,518 | 0.35% | 13,330 | $107,305 | Down ×1 | ||
| Q Qnity Electronics, Inc. Common Stock | $745,673 | 0.35% | 4,566 | $272,500 | Up ×1 | ||
| PEP PepsiCo, Inc. - Common Stock | $714,912 | 0.33% | 5,280 | $-105,019 | |||
| CMI Cummins Inc. Common Stock | $713,210 | 0.33% | 1,000 | $175,190 | |||
| CVX Chevron Corporation Common Stock | $713,100 | 0.33% | 4,302 | $-180,708 | Down ×2 | ||
| ARM Arm Holdings plc - American Depositary Shares | $709,140 | 0.33% | 2,000 | $406,580 | |||
| BYRN Byrna Technologies, Inc. - Common Stock | $694,485 | 0.32% | 103,500 | $107,883 | Up ×3 | ||
| KO Coca-Cola Company (The) Common Stock | $692,405 | 0.32% | 8,520 | $44,554 | Up ×1 | ||
| MPC Marathon Petroleum Corporation Common Stock | $683,662 | 0.32% | 2,674 | $30,725 | |||
| PG Procter & Gamble Company (The) Common Stock | $670,773 | 0.31% | 4,574 | $10,138 | |||
| XLI XLI | $669,283 | 0.31% | 3,613 | $133,115 | Up ×1 | ||
| VUG | $653,803 | 0.31% | 7,590 | $101,264 | Up ×2 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $621,202 | 0.29% | 5,289 | $210,899 | Up ×2 | ||
| VNQ | $616,225 | 0.29% | 6,390 | $49,397 | |||
| DFUS | $587,264 | 0.27% | 7,167 | $52,177 | Down ×1 | ||
| MMM 3M Company Common Stock | $574,774 | 0.27% | 3,550 | $59,238 | |||
| COP ConocoPhillips Common Stock | $573,703 | 0.27% | 5,518 | $-154,660 | |||
| VTV | $566,618 | 0.26% | 2,600 | $56,498 | |||
| MCD McDonald's Corporation Common Stock | $564,407 | 0.26% | 2,088 | $-115,602 | Down ×1 | ||
| TGT Target Corporation Common Stock | $556,742 | 0.26% | 4,263 | $40,203 | Up ×1 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| MSFT | $4,443,134 | 2.08% | up ×6 |
| XLU | $1,621,096 | 0.76% | up ×5 |
| NKE | $1,586,049 | 0.74% | up ×3 |
| META | $1,585,710 | 0.74% | up ×4 |
| NFLX | $1,398,369 | 0.65% | up ×3 |
| XLV | $1,238,391 | 0.58% | up ×3 |
| KRE | $1,205,085 | 0.56% | up ×5 |
| DFAS | $1,085,241 | 0.51% | up ×5 |
| COIN | $926,845 | 0.43% | up ×3 |
| NOW | $786,794 | 0.37% | up ×4 |
| BYRN | $694,485 | 0.32% | up ×3 |
| V | $499,701 | 0.23% | up ×3 |
| CVS | $467,157 | 0.22% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| IREN | $434,435 | 9,500 | 0.20% |
| Unknown issuer (CUSIP: 438516205) | $356,897 | 1,594 | 0.17% |
| Unknown issuer (CUSIP: 43849R105) | $352,402 | 1,594 | 0.16% |
| SOXX | $311,777 | 487 | 0.15% |
| JBND | $280,073 | 5,235 | 0.13% |
| JEPI | $253,878 | 4,495 | 0.12% |
| GIS | $250,920 | 7,210 | 0.12% |
| Unknown issuer (CUSIP: 314352105) | $226,500 | 1,500 | 0.11% |
| BIIB | $224,702 | 1,040 | 0.11% |
| DFAI | $218,955 | 5,308 | 0.10% |
| MHK | $218,394 | 1,800 | 0.10% |
| DFUV | $214,539 | 3,900 | 0.10% |
| SCHF | $213,844 | 7,720 | 0.10% |
| MRVL | $208,523 | 700 | 0.10% |
| XPO | $205,290 | 1,000 | 0.10% |
Top movers (QoQ)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| HON | June 30, 2026 | 3,188 | $720,584 | -1.9% |
| WPM | Dec. 31, 2025 | 5,000 | $559,200 | 32.2% |
| CALM | March 31, 2025 | 4,000 | $411,680 | -8.6% |
| BABA | Dec. 31, 2025 | 2,200 | $393,206 | -16.7% |
| FNV | Dec. 31, 2025 | 1,400 | $312,074 | 27.2% |
| GIS | March 31, 2026 | 6,173 | $287,061 | 5.7% |
| PAAS | June 30, 2026 | 5,000 | $273,150 | 17.5% |
| KHC | March 31, 2026 | 11,079 | $268,666 | 13.3% |
| STZ | March 31, 2025 | 1,151 | $254,261 | -26.8% |
| IREN | March 31, 2026 | 6,600 | $249,282 | 31.8% |
| CRM | March 31, 2026 | 927 | $245,572 | 10.1% |
| TEM | Dec. 31, 2025 | 2,900 | $234,059 | 12.4% |
| PLTR | June 30, 2026 | 1,600 | $234,048 | 48.3% |
| RVTY | March 31, 2025 | 2,000 | $223,220 | 16.1% |
| HXL | March 31, 2026 | 3,000 | $221,700 | 16.9% |
| CPRX | Sept. 30, 2025 | 10,000 | $217,000 | No longer tracked |
| CMCSA | June 30, 2026 | 7,544 | $216,588 | 7.8% |
| ARKK | March 31, 2025 | 3,775 | $214,307 | No longer tracked |
| ARKK | March 31, 2026 | 2,775 | $213,453 | No longer tracked |
| IWM | June 30, 2025 | 1,067 | $212,856 | No longer tracked |
| SCHG | March 31, 2025 | 7,536 | $210,028 | No longer tracked |
| AMGN | Dec. 31, 2025 | 740 | $208,828 | 33.2% |
| VVV | Sept. 30, 2025 | 5,490 | $207,906 | -5.6% |
| CALF | June 30, 2025 | 5,500 | $206,250 | No longer tracked |
| CHTR | Sept. 30, 2025 | 503 | $205,631 | -46.5% |
| IYH | June 30, 2025 | 3,340 | $203,373 | No longer tracked |
| FWONA | Dec. 31, 2025 | 2,125 | $202,343 | 7.0% |
| ULXXXX | Sept. 30, 2025 | 3,300 | $201,861 | No longer tracked |
| DADA | June 30, 2025 | 107,500 | $198,875 | No longer tracked |
| HL | June 30, 2026 | 10,000 | $186,300 | 34.7% |
| BIIB | March 31, 2026 | 1,040 | $183,030 | 17.6% |
| OGN | Dec. 31, 2025 | 14,179 | $151,432 | 91.6% |
| CDE | Sept. 30, 2025 | 15,507 | $137,392 | 13.7% |
| NGD | Sept. 30, 2025 | 25,000 | $123,750 | No longer tracked |
| PGX | Sept. 30, 2025 | 10,177 | $113,270 | No longer tracked |
| SILV | March 31, 2025 | 10,000 | $91,000 | No longer tracked |
| SBSW | Sept. 30, 2025 | 10,000 | $72,200 | 13.2% |
| UAA | Sept. 30, 2025 | 10,000 | $65,600 | 6.6% |
| FIP | Sept. 30, 2025 | 10,000 | $61,700 | -11.5% |
| WIT | Sept. 30, 2025 | 19,680 | $59,434 | -28.5% |
| ASM | Sept. 30, 2025 | 10,000 | $36,000 | No longer tracked |
| AXDXQ | June 30, 2025 | 42,700 | $29,933 | No longer tracked |
| WOLF | Sept. 30, 2025 | 67,000 | $26,720 | -4.1% |