STEPHEN J. GARRY & ASSOCIATES, LLC
CIK 2056402 · View on SEC EDGAR ↗
- Portfolio value
- $137.1M
- Positions
- 55
- As of
- June 30, 2026
#7,667 of 9,443 by 13F value · top 81.2%
Portfolio value QoQ: +10.2% 13F does not disclose cash
- Top 10 holdings weight
- 71.03%
- Top 25 holdings weight
- 90.51%
- Positions above 1%
- 20
- Effective number of positions
- 13.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.27% Est. buys $26,142,356 · sells $1,664,536
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 90.2% still held
- New positions
- 4
- Increased
- 15
- Decreased
- 21
- Closed
- 3
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
1.8%
Utilities
0.4%
Retail
0.4%
Communication Services
0.4%
Financial Services
0.2%
Energy
0.2%
Consumer Discretionary
0.2%
Industrials
0.2%
Financials
0.2%
Other/Unmapped
96.1%
Full portfolio 55 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VUG | $25,769,176 | 18.80% | 299,155 | $3,151,753 | Up ×1 | ||
| IAU | $12,121,545 | 8.84% | 160,529 | $-1,993,576 | Up ×2 | ||
| BND Vanguard Total Bond Market ETF | $10,733,301 | 7.83% | 146,210 | $439,989 | Up ×3 | ||
| VOO | $10,674,401 | 7.79% | 15,542 | $1,161,405 | Down ×4 | ||
| BIV | $8,622,027 | 6.29% | 112,412 | $356,721 | Up ×3 | ||
| VTV | $7,223,566 | 5.27% | 33,146 | $922,554 | Up ×3 | ||
| SPY SPY | $6,319,168 | 4.61% | 8,462 | $647,553 | Down ×3 | ||
| VBK | $5,596,307 | 4.08% | 15,303 | $934,705 | Down ×5 | ||
| IVOG | $5,443,530 | 3.97% | 37,208 | $793,664 | Up ×2 | ||
| IVV | $4,864,501 | 3.55% | 6,496 | $343,033 | Down ×6 | ||
| IWO | $4,147,177 | 3.03% | 10,527 | $859,451 | Up ×2 | ||
| XLI XLI | $2,651,382 | 1.93% | 14,314 | $665,499 | Up ×1 | ||
| ARTY | $2,598,122 | 1.90% | 34,114 | $977,529 | Down ×1 | ||
| SHY iShares 1-3 Year Treasury Bond ETF | $2,035,778 | 1.49% | 24,793 | $105,638 | Up ×1 | ||
| VCSH Vanguard Short-Term Corporate Bond ETF | $2,030,834 | 1.48% | 25,697 | $-87,023 | Down ×6 | ||
| ITA ITA | $1,949,542 | 1.42% | 8,042 | $223,167 | Up ×4 | ||
| BAI | $1,622,722 | 1.18% | 30,780 | $566,510 | Down ×1 | ||
| XBI XBI | $1,458,274 | 1.06% | 9,215 | $596,735 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $1,424,252 | 1.04% | 4,922 | $124,716 | Down ×2 | ||
| QQQ Invesco QQQ Trust, Series 1 | $1,377,068 | 1.00% | 1,870 | $297,741 | |||
| MUB | $1,363,653 | 0.99% | 12,671 | $-12,157 | Down ×5 | ||
| VO | $1,263,821 | 0.92% | 15,686 | $125,439 | Up ×1 | ||
| VTEI | $941,545 | 0.69% | 9,325 | $-35,369 | Down ×6 | ||
| USMV | $920,711 | 0.67% | 9,545 | $35,508 | |||
| IVW | $920,076 | 0.67% | 6,690 | $163,370 | |||
| SLV | $771,305 | 0.56% | 14,425 | $-290,316 | Down ×1 | ||
| BRKB | $771,101 | 0.56% | 1,541 | $-218,926 | Down ×4 | ||
| IWF | $702,802 | 0.51% | 5,660 | $99,446 | Up ×1 | ||
| PAVE | $700,559 | 0.51% | 11,890 | $96,428 | |||
| NVDA NVIDIA Corporation - Common Stock | $667,714 | 0.49% | 3,337 | $62,370 | Down ×2 | ||
| Unknown issuer (CUSIP: 87975E776) | $655,692 | 0.48% | 21,583 | Up ×1 | |||
| IJK | $635,675 | 0.46% | 5,410 | $76,228 | Down ×2 | ||
| VAW | $614,378 | 0.45% | 2,685 | $9,372 | |||
| VB | $612,606 | 0.45% | 2,021 | $78,027 | Down ×1 | ||
| ED Consolidated Edison, Inc. Common Stock | $603,155 | 0.44% | 5,452 | $-13,902 | |||
| AMZN Amazon.com, Inc. - Common Stock | $570,348 | 0.42% | 2,393 | $71,958 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $502,725 | 0.37% | 1,407 | $98,239 | |||
| GBTC | $460,480 | 0.34% | 10,116 | $-73,240 | |||
| NLR | $382,734 | 0.28% | 3,300 | $-65,450 | Down ×1 | ||
| IJR | $377,597 | 0.28% | 2,546 | $61,104 | |||
| MSFT Microsoft Corporation - Common Stock | $365,870 | 0.27% | 981 | $8,348 | Up ×1 | ||
| EFG | $359,574 | 0.26% | 2,890 | $37,715 | |||
| DIA | $317,613 | 0.23% | 608 | $35,993 | |||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $305,462 | 0.22% | 302 | $50,491 | Up ×1 | ||
| MPC Marathon Petroleum Corporation Common Stock | $302,969 | 0.22% | 1,185 | $13,616 | |||
| IWP | $283,596 | 0.21% | 1,937 | $3,398 | Down ×1 | ||
| ISTB iShares Core 1-5 Year USD Bond ETF | $272,130 | 0.20% | 5,640 | $-1,184 | |||
| NYF | $256,588 | 0.19% | 4,760 | $3,737 | |||
| SUB | $246,691 | 0.18% | 2,317 | $-16,045 | Down ×2 | ||
| VFH | $244,776 | 0.18% | 1,860 | $-24,026 | Down ×2 | ||
| TSLA Tesla, Inc. - Common Stock | $210,721 | 0.15% | 501 | ||||
| BA Boeing Company (The) Common Stock | $208,098 | 0.15% | 961 | $-3,138 | Down ×2 | ||
| JPM JP Morgan Chase & Co. Common Stock | $205,891 | 0.15% | 629 | Up ×1 | |||
| IJH | $203,570 | 0.15% | 2,640 | Up ×1 | |||
| SPLV | $202,010 | 0.15% | 2,697 | $-2,399 | Down ×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 |
|---|---|---|---|
| BND | $10,733,301 | 7.83% | up ×3 |
| BIV | $8,622,027 | 6.29% | up ×3 |
| VTV | $7,223,566 | 5.27% | up ×3 |
| ITA | $1,949,542 | 1.42% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VUG | Bought more | +247K | +$3.2M |
| IAU | Bought more | +421 | -$2.0M |
| VOO | Trimmed | -378 | +$1.2M |
| ARTY | Trimmed | -715 | +$978K |
| VBK | Trimmed | -120 | +$935K |
| VTV | Bought more | +1K | +$923K |
| IWO | Bought more | +50 | +$859K |
| IVOG | Bought more | +18 | +$794K |
| XLI | Bought more | +2K | +$665K |
| SPY | Trimmed | -259 | +$648K |
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 |
|---|---|---|---|---|
| VDE | June 30, 2025 | 3,594 | $466,144 | No longer tracked |
| OVM | Sept. 30, 2025 | 12,700 | $267,847 | No longer tracked |
| HD | Dec. 31, 2025 | 658 | $266,615 | -2.5% |
| ETHE | March 31, 2026 | 10,219 | $249,037 | No longer tracked |
| TSLA | March 31, 2026 | 512 | $230,162 | -6.2% |
| BTC | Dec. 31, 2025 | 4,529 | $229,303 | No longer tracked |
| MPC | Dec. 31, 2025 | 1,185 | $228,397 | 123.1% |
| BA | March 31, 2025 | 1,161 | $205,555 | 25.8% |
| SPLV | Dec. 31, 2025 | 2,790 | $204,998 | No longer tracked |
| ANIX | March 31, 2026 | 10,080 | $31,450 | 42.6% |