Sincerus Advisory, LLC
CIK 2050968 · View on SEC EDGAR ↗
- Portfolio value
- $147.3M
- Positions
- 81
- As of
- June 30, 2026
#7,457 of 9,443 by 13F value · top 79.0%
Portfolio value QoQ: +11.6% 13F does not disclose cash
- Top 10 holdings weight
- 52.09%
- Top 25 holdings weight
- 76.89%
- Positions above 1%
- 29
- Effective number of positions
- 21.5
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 2.35% Est. buys $8,090,801 · sells $3,275,423
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 96.4% still held
- New positions
- 6
- Increased
- 48
- Decreased
- 23
- Closed
- 1
On this page
- 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.
Sector breakdown
Technology
5.8%
Communication Services
1.6%
Retail
0.3%
Consumer Discretionary
0.3%
Real Estate
0.2%
Financial Services
0.0%
Other/Unmapped
91.8%
Full portfolio 81 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPY SPY | $22,784,381 | 15.47% | 30,511 | $2,817,898 | Down ×1 | ||
| EFA | $10,755,983 | 7.30% | 103,542 | $877,585 | Up ×6 | ||
| IWR | $8,821,007 | 5.99% | 79,958 | $1,056,792 | Up ×6 | ||
| MUB | $5,837,171 | 3.96% | 54,239 | $273,294 | Up ×4 | ||
| AGG | $5,551,664 | 3.77% | 56,089 | $700,327 | Up ×6 | ||
| VEA | $4,996,710 | 3.39% | 70,129 | $597,226 | Up ×4 | ||
| VIG | $4,981,869 | 3.38% | 21,054 | $393,509 | Down ×1 | ||
| IWM | $4,897,866 | 3.33% | 16,302 | $806,122 | Down ×2 | ||
| DOCN DigitalOcean Holdings, Inc. Common Stock | $4,314,242 | 2.93% | 27,474 | $785,596 | Down ×1 | ||
| ESGD iShares ESG Aware MSCI EAFE ETF | $3,760,652 | 2.55% | 36,579 | $326,142 | Up ×6 | ||
| VTEB | $3,197,171 | 2.17% | 63,210 | $25,471 | Down ×1 | ||
| VO | $3,148,392 | 2.14% | 39,076 | $251,359 | Up ×6 | ||
| RSP | $3,128,461 | 2.12% | 14,703 | $274,864 | Down ×1 | ||
| HELO | $3,047,810 | 2.07% | 45,099 | $441,375 | Up ×4 | ||
| EEM | $2,612,564 | 1.77% | 38,190 | $400,999 | Down ×2 | ||
| EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | $2,560,199 | 1.74% | 26,547 | $209,871 | Up ×6 | ||
| SCZ iShares MSCI EAFE Small-Cap ETF | $2,523,922 | 1.71% | 30,679 | $158,543 | Up ×6 | ||
| GLD | $2,507,563 | 1.70% | 6,807 | $-521,248 | Down ×3 | ||
| VSS | $2,293,919 | 1.56% | 14,868 | $163,450 | Up ×4 | ||
| AAPL Apple Inc. - Common Stock | $2,120,606 | 1.44% | 7,329 | $284,407 | Up ×2 | ||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $2,030,160 | 1.38% | 24,563 | $-11,507 | Down ×1 | ||
| JNK | $1,925,273 | 1.31% | 19,978 | $14,006 | Up ×5 | ||
| NULV | $1,879,098 | 1.28% | 37,589 | $155,718 | Down ×1 | ||
| REZ | $1,776,732 | 1.21% | 18,764 | $247,323 | Up ×4 | ||
| IWF | $1,775,510 | 1.21% | 14,299 | $229,757 | Up ×4 | ||
| IGF iShares Global Infrastructure ETF | $1,738,786 | 1.18% | 26,108 | $56,479 | Up ×5 | ||
| BND Vanguard Total Bond Market ETF | $1,525,490 | 1.04% | 20,780 | $-85,807 | Down ×1 | ||
| VNQI Vanguard Global ex-U.S. Real Estate ETF | $1,486,899 | 1.01% | 33,153 | $57,409 | Up ×6 | ||
| QQQ Invesco QQQ Trust, Series 1 | $1,473,987 | 1.00% | 2,002 | $332,866 | Up ×5 | ||
| DFAU | $1,454,976 | 0.99% | 28,148 | $115,714 | Down ×2 | ||
| DEM | $1,402,884 | 0.95% | 26,081 | $93,076 | Down ×3 | ||
| JUST | $1,385,001 | 0.94% | 12,981 | $193,580 | Up ×2 | ||
| VNQ | $1,326,401 | 0.90% | 13,755 | $120,608 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,303,487 | 0.89% | 2,314 | $572 | Up ×3 | ||
| IVV | $1,280,325 | 0.87% | 1,710 | $128,220 | Down ×1 | ||
| LQD | $919,949 | 0.62% | 8,434 | $-30,609 | Down ×3 | ||
| VPL | $878,550 | 0.60% | 7,594 | $136,388 | |||
| SGOV iShares 0-3 Month Treasury Bond ETF | $852,034 | 0.58% | 8,464 | $240,766 | Up ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $819,388 | 0.56% | 4,095 | $134,600 | Up ×2 | ||
| DFUS | $731,269 | 0.50% | 8,924 | $74,391 | Down ×1 | ||
| VCRM | $676,664 | 0.46% | 8,857 | $248,009 | Up ×1 | ||
| VOO | $676,405 | 0.46% | 985 | $92,924 | Up ×3 | ||
| DFAS | $637,477 | 0.43% | 7,742 | $70,263 | Down ×2 | ||
| PFF iShares Preferred and Income Securities ETF | $629,012 | 0.43% | 20,630 | $-1,167 | Down ×3 | ||
| VGK | $617,800 | 0.42% | 6,978 | $50,408 | Up ×1 | ||
| VTI | $615,746 | 0.42% | 1,664 | $82,920 | Up ×1 | ||
| GII | $574,672 | 0.39% | 7,590 | $9,290 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $540,970 | 0.37% | 1,514 | $127,006 | Up ×4 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $527,930 | 0.36% | 1,494 | $84,785 | Down ×4 | ||
| NACP | $523,910 | 0.36% | 8,617 | $117,148 | Up ×2 | ||
| DFAE | $517,305 | 0.35% | 12,865 | $112,229 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $464,048 | 0.32% | 1,947 | $62,920 | Up ×5 | ||
| JMST | $446,864 | 0.30% | 8,762 | $6,894 | Up ×3 | ||
| JEPI | $444,795 | 0.30% | 7,875 | $236 | Up ×1 | ||
| ITOT | $443,714 | 0.30% | 2,701 | $59,235 | Up ×6 | ||
| RWO | $425,551 | 0.29% | 8,561 | $131,584 | Up ×3 | ||
| VTWO Vanguard Russell 2000 ETF | $400,913 | 0.27% | 3,302 | $70,453 | Up ×2 | ||
| IAU | $387,593 | 0.26% | 5,133 | $-64,932 | |||
| AMD Advanced Micro Devices, Inc. - Common Stock | $358,421 | 0.24% | 617 | Up ×1 | |||
| MSFT Microsoft Corporation - Common Stock | $342,272 | 0.23% | 918 | $13,763 | Up ×5 | ||
| VWO | $320,373 | 0.22% | 5,367 | $63,120 | Up ×3 | ||
| VSGX | $317,703 | 0.22% | 3,858 | $46,795 | Up ×2 | ||
| BRZE Braze, Inc. - Class A Common Stock | $298,585 | 0.20% | 13,766 | $-50,040 | Down ×1 | ||
| DTEC | $294,766 | 0.20% | 6,122 | $-17,413 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $289,051 | 0.20% | 765 | $65,607 | Up ×2 | ||
| JMUB | $283,875 | 0.19% | 5,604 | $54,731 | Up ×2 | ||
| XLV XLV | $282,837 | 0.19% | 1,783 | $8,416 | Down ×1 | ||
| BNL Broadstone Net Lease, Inc. Common Stock | $276,518 | 0.19% | 13,378 | $35,629 | Up ×2 | ||
| HYMB | $266,561 | 0.18% | 10,478 | $16,624 | Up ×2 | ||
| JPST | $258,377 | 0.18% | 5,109 | $29,622 | Up ×1 | ||
| VWOB Vanguard Emerging Markets Government Bond ETF | $252,573 | 0.17% | 3,756 | $9,446 | Up ×1 | ||
| SHE | $248,410 | 0.17% | 1,608 | $28,086 | Down ×1 | ||
| EWY | $245,107 | 0.17% | 1,214 | Up ×1 | |||
| DASH DoorDash, Inc. - Common Stock | $243,026 | 0.17% | 1,317 | ||||
| FEZ | $233,651 | 0.16% | 3,402 | $25,664 | Up ×1 | ||
| IEFA | $229,191 | 0.16% | 2,373 | $15,198 | Up ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $211,141 | 0.14% | 502 | Up ×1 | |||
| SIVR | $210,263 | 0.14% | 3,740 | $-57,558 | |||
| QAI | $208,379 | 0.14% | 5,693 | ||||
| EFIV | $203,452 | 0.14% | 2,790 | Up ×1 | |||
| LDI loanDepot, Inc. Class A Common Stock | $20,161 | 0.01% | 16,129 | $-2,742 | |||
| 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 |
|---|---|---|---|
| EFA | $10,755,983 | 7.30% | up ×6 |
| IWR | $8,821,007 | 5.99% | up ×6 |
| MUB | $5,837,171 | 3.96% | up ×4 |
| AGG | $5,551,664 | 3.77% | up ×6 |
| VEA | $4,996,710 | 3.39% | up ×4 |
| ESGD | $3,760,652 | 2.55% | up ×6 |
| VO | $3,148,392 | 2.14% | up ×6 |
| HELO | $3,047,810 | 2.07% | up ×4 |
| EMB | $2,560,199 | 1.74% | up ×6 |
| SCZ | $2,523,922 | 1.71% | up ×6 |
| VSS | $2,293,919 | 1.56% | up ×4 |
| JNK | $1,925,273 | 1.31% | up ×5 |
| REZ | $1,776,732 | 1.21% | up ×4 |
| IWF | $1,775,510 | 1.21% | up ×4 |
| IGF | $1,738,786 | 1.18% | up ×5 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| SPY | Trimmed | -191 | +$2.8M |
| IWR | Bought more | +104 | +$1.1M |
| EFA | Bought more | +2K | +$878K |
| IWM | Trimmed | -197 | +$806K |
| DOCN | Trimmed | -14K | +$786K |
| AGG | Bought more | +7K | +$700K |
| VEA | Bought more | +1K | +$597K |
| GLD | Trimmed | -232 | -$521K |
| HELO | Bought more | +4K | +$441K |
| EEM | Trimmed | -753 | +$401K |
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 |
|---|---|---|---|---|
| DASH | March 31, 2026 | 1,021 | $231,236 | 47.6% |
| XLE | March 31, 2025 | 2,650 | $226,991 | No longer tracked |
| XLE | June 30, 2026 | 3,668 | $224,711 | No longer tracked |
| BNL | Sept. 30, 2025 | 13,805 | $219,220 | 18.1% |
| HYG | March 31, 2026 | 2,684 | $216,441 | No longer tracked |
| GOOGL | March 31, 2025 | 1,087 | $205,815 | 121.8% |
| JMUB | June 30, 2025 | 4,077 | $203,865 | No longer tracked |
| QAI | March 31, 2026 | 6,043 | $202,503 | No longer tracked |