MILFAM LLC

CIK 1728825 · View on SEC EDGAR ↗

Portfolio value
$126.8M
#7,886 of 9,443 by 13F value · top 83.5%
Positions
12
As of
June 30, 2026

Portfolio value QoQ: +23.9% 13F does not disclose cash

Top 10 holdings weight
99.98%
Top 25 holdings weight
100.00%
Positions above 1%
6
Effective number of positions
3.3

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.11% Est. buys $27,313,164 · sells $2,418,000

New positions
5
Increased
2
Decreased
1
Closed
1
On this page

Performance vs S&P 500

Tracked Q1 2026–Q2 2026
+1.0%
S&P 500 total return (same window)
+14.8%
Excess return
-13.9%

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: 100.0% · Options excluded: 2.9%

Sector breakdown

Technology
46.0%
Utilities
21.8%
Communication Services
18.2%
Materials
9.6%
Financial Services
2.0%
Energy
1.2%
Industrials
0.5%
Communications
0.2%
Other/Unmapped
0.5%

Full portfolio 12 positions

Type Streak 8Q trend
NN NextNav Inc. - Common stock $58,267,014 45.96% 3,267,920 $17,973,302 Up ×1
PCG Pacific Gas & Electric Co. Common Stock $27,634,268 21.80% 1,642,941 $-1,232,205
OPTU Optimum Communications, Inc. Class A common stock $23,084,716 18.21% 15,920,494 $11,683,716 Up ×1
SRL Scully Royalty Ltd. $12,163,956 9.59% 1,985,952 $-3,366,189
ARES Ares Management Corporation Class A Common Stock $1,669,650 1.32% 15,000 Up ×1
SDRL Seadrill Limited Common Shares $1,512,800 1.19% 40,000 $-307,200
APO Apollo Global Management, Inc. (New) Common Stock $887,325 0.70% 7,500 Up ×1
ERII Energy Recovery, Inc. - Common Stock $676,500 0.53% 75,000 Up ×1
Unknown issuer (CUSIP: 69331C908) $590,000 0.47% 5,000 Call option $-2,400,750 Down ×1
VSAT ViaSat, Inc. - Common Stock $269,430 0.21% 3,000 Up ×1
RSP $21,277 0.02% 100 Up ×1
BSL Blackstone Senior Floating Rate 2027 Term Fund Common Shares of Beneficial Interest $26 0.00% 2 $0

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
ARES $1,669,650 15,000 1.32%
APO $887,325 7,500 0.70%
ERII $676,500 75,000 0.53%
VSAT $269,430 3,000 0.21%
RSP $21,277 100 0.02%

Top movers (QoQ)

Security Action Shares Δ Value Δ
NN Bought more +753K +$18.0M
OPTU Bought more +7.2M +$11.7M
SRL Price move only +0 -$3.4M
PCG Price move only +0 -$1.2M
SDRL Price move only +0 -$307K
BSL +0 +$0

1 position hidden (data completeness check)

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.

SecurityQuarter Shares before Value before Price since exit
NNAVW June 30, 2026 250,000 $1,415,000 No longer tracked