NDVR, Inc.

CIK 2011247 · View on SEC EDGAR ↗

Portfolio value
$120.5M
#8,014 of 9,443 by 13F value · top 84.9%
Positions
121
As of
Dec. 31, 2025 Data as of Q4 2025

Portfolio value QoQ: +0.5% 13F does not disclose cash

Top 10 holdings weight
66.12%
Top 25 holdings weight
78.20%
Positions above 1%
14
Effective number of positions
12.2

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

Turnover Q4 2025: 8.15% Est. buys $9,793,724 · sells $10,738,953

Median holding: 4.0 quarters Tracked Q4 2024–Q4 2025 · 72.5% still held

New positions
32
Increased
24
Decreased
59
Closed
26
On this page

Sector breakdown

Technology
19.6%
Retail
6.8%
Financials
5.3%
Healthcare
4.1%
Communication Services
3.8%
Financial Services
2.3%
Industrials
2.0%
Consumer Discretionary
1.4%
Diversified Consumer Services
1.1%
Energy
0.6%
Consumer Staples
0.6%
Materials
0.5%
Communications
0.4%
Telecommunication
0.3%
Packaging
0.2%
Logistics & Transportation
0.2%
Other/Unmapped
50.9%

Full portfolio 121 positions

Type Streak 8Q trend
VEA $28,626,503 23.75% 458,244 $819,848 Down ×1
HUBS HubSpot, Inc. Common Stock $9,930,971 8.24% 24,747 $-2,254,751 Down ×2
VWO $9,600,084 7.97% 178,573 $-210,668 Down ×1
SGOV iShares 0-3 Month Treasury Bond ETF $6,393,604 5.31% 63,694 $430,452 Up ×2
AMZN Amazon.com, Inc. - Common Stock $5,855,211 4.86% 25,367 $257,274 Down ×1
GLDM $4,843,552 4.02% 56,736 $47,385 Down ×1
MSFT Microsoft Corporation - Common Stock $4,425,607 3.67% 9,151 $-492,328 Down ×1
VTI $3,785,198 3.14% 11,290 $-67,846 Down ×1
NVDA NVIDIA Corporation - Common Stock $3,205,003 2.66% 17,185 $-38,317 Down ×1
AAPL Apple Inc. - Common Stock $3,021,180 2.51% 11,113 $199,370 Up ×1
VOO $1,848,779 1.53% 2,948 $43,483
IEFA $1,788,574 1.48% 19,993 $44,644 Up ×2
GOOGL Alphabet Inc. - Class A Common Stock $1,467,657 1.22% 4,689 $473,135 Up ×3
GOOG Alphabet Inc. - Class C Capital Stock $1,256,455 1.04% 4,004 $436,909 Up ×1
AVGO Broadcom Inc. - Common Stock $1,125,171 0.93% 3,251 $275,323 Up ×3
META Meta Platforms, Inc. - Class A Common Stock $965,052 0.80% 1,462 $-90,252 Up ×2
WMT Walmart Inc. - Common Stock $909,106 0.75% 8,160 $1,147 Down ×1
EPAM EPAM Systems, Inc. Common Stock $819,520 0.68% 4,000 $216,209 Down ×1
SCHF $785,675 0.65% 32,682 $7,937 Down ×4
JPM JP Morgan Chase & Co. Common Stock $732,084 0.61% 2,272 $5,964 Down ×1
TSLA Tesla, Inc. - Common Stock $691,669 0.57% 1,538 $194,917 Up ×2
IEMG $586,091 0.49% 8,719 $14,565 Up ×2
LLY Eli Lilly and Company Common Stock $543,788 0.45% 506 $238,588 Up ×2
ABBV AbbVie Inc. Common Stock $520,729 0.43% 2,279 $-32,883 Down ×2
XOM Exxon Mobil Corporation Common Stock $518,407 0.43% 4,307 $26,472 Down ×4
BRKB $478,523 0.40% 952 $10,975 Up ×3
TJX TJX Companies, Inc. (The) Common Stock $411,214 0.34% 2,677 $41,481 Up ×1
V Visa Inc. $396,653 0.33% 1,131 $-27,341 Down ×1
MCK McKesson Corporation Common Stock $383,896 0.32% 468 $-54,134 Down ×4
GILD Gilead Sciences, Inc. - Common Stock $373,989 0.31% 3,047 $20,565 Down ×1
CAH Cardinal Health, Inc. Common Stock $365,379 0.30% 1,778 $7,196 Down ×2
PGR Progressive Corporation (The) Common Stock $364,124 0.30% 1,599 $-56,432 Down ×2
HIG The Hartford Insurance Group, Inc. Common Stock $362,827 0.30% 2,633 $-19,869 Down ×2
IAU $357,797 0.30% 4,408 $37,027
TRV The Travelers Companies, Inc. Common Stock $357,644 0.30% 1,233 $-316 Down ×2
FOXA Fox Corporation - Class A Common Stock $351,832 0.29% 4,815 $17,992 Down ×2
LDOS Leidos Holdings, Inc. Common Stock $345,105 0.29% 1,913 $-23,745 Down ×2
NEM Newmont Corporation $341,886 0.28% 3,424 Up ×1
COR Cencora, Inc. Common Stock $340,452 0.28% 1,008 $-26,146 Down ×4
FOX Fox Corporation - Class B Common Stock $334,909 0.28% 5,158 $36,715 Down ×1
LAUR Laureate Education, Inc. - Common Stock $334,814 0.28% 9,944 $96,025 Up ×1
SCHW Charles Schwab Corporation (The) Common Stock $329,703 0.27% 3,300 Up ×1
T AT&T Inc. $329,652 0.27% 13,271 $37,763 Up ×3
AXP American Express Company Common Stock $329,256 0.27% 890 $-11,208 Down ×1
MTG MGIC Investment Corporation Common Stock $326,124 0.27% 11,161 $-18,600 Down ×2
L Loews Corporation Common Stock $324,565 0.27% 3,082 $-8,429 Down ×2
MLI Mueller Industries, Inc. Common Stock $324,540 0.27% 2,827 $-129,646 Down ×2
EXEL Exelixis, Inc. - Common Stock $321,405 0.27% 7,333 $69,434 Up ×1
ORI Old Republic International Corporation Common Stock $312,588 0.26% 6,849 $-9,122 Down ×2
MCY Mercury General Corporation Common Stock $312,561 0.26% 3,323 $27,955 Down ×2
IDCC InterDigital, Inc. - Common Stock $311,376 0.26% 978 $-147,435 Down ×4
HURN Huron Consulting Group Inc. - Common Stock $311,238 0.26% 1,800 $31,054 Down ×2
DLTR Dollar Tree, Inc. - Common Stock $304,942 0.25% 2,479 Up ×1
FHI Federated Hermes, Inc. Common Stock $304,141 0.25% 5,841 $-31,119 Down ×2
ALL Allstate Corporation (The) Common Stock $301,401 0.25% 1,448 $56,271 Up ×1
COKE Coca-Cola Consolidated, Inc. - Common Stock $301,388 0.25% 1,966 $-7,680 Down ×2
UTHR United Therapeutics Corporation - Common Stock $300,146 0.25% 616 $54,489 Up ×1
WRB W.R. Berkley Corporation Common Stock $298,431 0.25% 4,256 $-76,164 Down ×2
VTV $297,371 0.25% 1,557 $7,006
PGNY Progyny, Inc. - Common Stock $290,646 0.24% 11,318 Up ×1
VUG $288,325 0.24% 591 $4,875
CSGS CSG Systems International, Inc. - Common Stock $287,971 0.24% 3,755 Up ×1
HCA HCA Healthcare, Inc. Common Stock $286,185 0.24% 613 Up ×1
FTDR Frontdoor, Inc. - Common Stock $286,027 0.24% 4,958 $-20,344 Up ×1
SYF Synchrony Financial Common Stock $280,325 0.23% 3,360 Up ×1
UNM Unum Group Common Stock $270,320 0.22% 3,488 $-65,067 Down ×2
BAC Bank of America Corporation Common Stock $270,105 0.22% 4,911 Up ×1
GL Globe Life Inc. Common Stock $265,454 0.22% 1,898 Up ×1
INCY Incyte Corporation - Common Stock $264,802 0.22% 2,681 Up ×1
CTA $264,749 0.22% 9,712 Up ×1
AIZ Assurant, Inc. Common Stock $263,972 0.22% 1,096 $11,633 Down ×2
KR Kroger Company (The) Common Stock $263,041 0.22% 4,210 $-51,561 Down ×2
NEU NewMarket Corp Common Stock $260,472 0.22% 379 $-63,358 Down ×2
IBM International Business Machines Corporation Common Stock $260,072 0.22% 878 $-180,662 Down ×1
FNF Fidelity National Financial, Inc. Common Stock $258,484 0.21% 4,735 $-36,647 Down ×2
THG Hanover Insurance Group Inc $257,523 0.21% 1,409 Up ×1
LOPE Grand Canyon Education, Inc. - Common Stock $256,284 0.21% 1,541 $-126,339 Down ×2
JNJ Johnson & Johnson Common Stock $255,997 0.21% 1,237 Up ×1
EXPE Expedia Group, Inc. - Common Stock $254,129 0.21% 897 Up ×1
EME EMCOR Group, Inc. Common Stock $253,893 0.21% 415 $-156,616 Down ×4
BMY Bristol-Myers Squibb Company Common Stock $250,551 0.21% 4,645 Up ×1
CALM Cal-Maine Foods, Inc. - Common Stock $247,861 0.21% 3,115 $-47,895 Down ×2
SPYM $246,837 0.20% 3,077 $5,785
ENVA Enova International, Inc. Common Stock $243,031 0.20% 1,546 Up ×1
SUPN Supernus Pharmaceuticals, Inc. - Common Stock $242,188 0.20% 4,873 $35,544 Up ×1
CCK Crown Holdings, Inc. $241,980 0.20% 2,350 Up ×1
CSCO Cisco Systems, Inc. - Common Stock $241,335 0.20% 3,133 $-43,361 Down ×2
IVV $241,099 0.20% 352 $5,505
USFD US Foods Holding Corp. Common Stock $240,045 0.20% 3,187 Up ×1
BWA BorgWarner Inc. Common Stock $240,035 0.20% 5,327 Up ×1
HALO Halozyme Therapeutics, Inc. - Common Stock $239,655 0.20% 3,561 Up ×1
CVSA Covista Inc. Common Shares $239,430 0.20% 2,314 $-98,661 Up ×1
MCRI Monarch Casino & Resort, Inc. - Common Stock $239,154 0.20% 2,499 Up ×1
PJT PJT Partners Inc. Class A Common Stock $237,257 0.20% 1,419 $-65,062 Down ×2
HCI HCI Group, Inc. Common Stock $236,929 0.20% 1,236 $15,250 Up ×1
MA Mastercard Incorporated Common Stock $235,773 0.20% 413 $19,625 Up ×1
GPOR Gulfport Energy Corporation Common Shares $233,989 0.19% 1,125 $10,117 Down ×4
ORCL Oracle Corporation Common Stock $233,697 0.19% 1,199 $-168,195 Down ×1
EXPD Expeditors International of Washington, Inc. Common Stock $233,052 0.19% 1,564 $30,778 Down ×1
ACWI iShares MSCI ACWI ETF $232,751 0.19% 1,645 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
GOOGL $1,467,657 1.22% up ×3
AVGO $1,125,171 0.93% up ×3
BRKB $478,523 0.40% up ×3
T $329,652 0.27% up ×3
ADT $204,833 0.17% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
NEM $341,886 3,424 0.28%
SCHW $329,703 3,300 0.27%
DLTR $304,942 2,479 0.25%
PGNY $290,646 11,318 0.24%
CSGS $287,971 3,755 0.24%
HCA $286,185 613 0.24%
SYF $280,325 3,360 0.23%
BAC $270,105 4,911 0.22%
GL $265,454 1,898 0.22%
INCY $264,802 2,681 0.22%
CTA $264,749 9,712 0.22%
THG $257,523 1,409 0.21%
JNJ $255,997 1,237 0.21%
EXPE $254,129 897 0.21%
BMY $250,551 4,645 0.21%

Top movers (QoQ)

Security Action Shares Δ Value Δ
HUBS Trimmed -1K -$2.3M
VEA Trimmed -6K +$820K
MSFT Trimmed -344 -$492K
GOOGL Bought more +598 +$473K
GOOG Bought more +639 +$437K
SGOV Bought more +4K +$430K
AVGO Bought more +675 +$275K
AMZN Trimmed -128 +$257K
LLY Bought more +106 +$239K
EPAM Trimmed -1 +$216K

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
ITOT June 30, 2025 4,344 $530,011 No longer tracked
LRN Dec. 31, 2025 2,837 $422,543 29.1%
UNH June 30, 2025 646 $338,343 26.6%
ORLY Dec. 31, 2025 2,920 $314,805 1.1%
PRI Dec. 31, 2025 1,075 $298,409 17.6%
CEIX March 31, 2025 2,782 $296,784 No longer tracked
AMP Dec. 31, 2025 600 $294,750 15.8%
LNG Dec. 31, 2025 1,185 $278,451 40.0%
AFL Dec. 31, 2025 2,469 $275,787 8.6%
DFS June 30, 2025 1,603 $273,632 No longer tracked
BRC Dec. 31, 2025 3,408 $265,926 21.1%
COP June 30, 2025 2,517 $264,289 46.2%
GWW Sept. 30, 2025 252 $262,140 39.0%
CI Sept. 30, 2025 779 $257,522 -1.9%
MRK March 31, 2025 2,550 $253,674 68.6%
SLVM March 31, 2025 3,196 $252,548 -43.4%
PRDO Dec. 31, 2025 6,636 $249,912 11.7%
EVR March 31, 2025 893 $247,531 51.3%
NMIH Dec. 31, 2025 6,419 $246,104 12.4%
DVA Sept. 30, 2025 1,727 $246,011 35.4%
MCY March 31, 2025 3,695 $245,644 91.1%
PPC Sept. 30, 2025 5,385 $242,217 -21.2%
VBR March 31, 2025 1,215 $240,789 No longer tracked
HCC March 31, 2025 4,426 $240,066 116.0%
MUSA Dec. 31, 2025 602 $233,733 42.2%
HRB Dec. 31, 2025 4,593 $232,268 20.3%
CVX June 30, 2025 1,387 $232,114 44.6%
MPC Dec. 31, 2025 1,197 $230,710 122.6%
CASY Dec. 31, 2025 408 $230,651 53.1%
PHM Dec. 31, 2025 1,743 $230,303 12.7%
VLO Dec. 31, 2025 1,351 $230,021 111.7%
IWS March 31, 2025 1,763 $228,026 No longer tracked
FTDR March 31, 2025 4,122 $225,350 120.1%
CVX Dec. 31, 2025 1,448 $224,860 35.9%
INGR Dec. 31, 2025 1,828 $223,217 -2.5%
PINC Dec. 31, 2025 7,894 $219,453 No longer tracked
SNA March 31, 2025 639 $216,928 17.5%
RGA Dec. 31, 2025 1,126 $216,338 20.1%
RS Dec. 31, 2025 770 $216,239 47.3%
PHM March 31, 2025 1,984 $216,058 28.5%
VLO June 30, 2025 1,629 $215,142 156.4%
AZO Dec. 31, 2025 50 $214,512 -7.4%
CNX Dec. 31, 2025 6,612 $212,377 -2.1%
COF Dec. 31, 2025 996 $211,730 -7.5%
SFM Dec. 31, 2025 1,944 $211,507 -1.0%
VIRT Dec. 31, 2025 5,943 $210,977 81.2%
WSM March 31, 2025 1,136 $210,364 56.3%
UTHR June 30, 2025 681 $209,932 85.7%
NTAP March 31, 2025 1,797 $208,596 127.9%
IVV March 31, 2025 352 $207,215 No longer tracked
CNM Sept. 30, 2025 3,394 $204,828 -14.9%
SNA Dec. 31, 2025 585 $202,720 14.9%
LENB March 31, 2025 1,522 $201,132 No longer tracked
EXPD June 30, 2025 1,669 $200,697 65.1%
MBC March 31, 2025 10,238 $149,577 -29.1%