SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Phraction Management LLC

CIK 0001907803 · 139 S. MAIN ST, SUITE 2, COLCHESTER, CT, 06415 · 8605319590

Reported Value
$174M
Q1 2023
Positions
45
Filings on Record
18
2019–present window
Filed
Apr 28, 2023
original filing

Summary

Phraction Management LLC reported $174M in U.S.-listed holdings across 45 positions for Q1 2023.

Its largest position, MSFT, represents 8.5% of the portfolio.

Compared with Q4 2022, the fund opened 2 new positions and exited 3.

Portfolio Metrics

Turnover
+4.2%
vs prior filed quarter
Top-10 Concentration
+57.9%
share of reported value
Largest Position
+8.5%
Microsoft
New / Exited
2 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’21: $165MQ4 ’21Q1 ’22: $174MQ2 ’22: $152MQ3 ’22: $132MQ3 ’22Q4 ’22: $152MQ1 ’23: $174MQ2 ’23: $203MQ2 ’23Q3 ’23: $212MQ4 ’23: $242MQ1 ’24: $260MQ1 ’24Q2 ’24: $274MQ3 ’24: $283MQ4 ’24: $285MQ4 ’24Q1 ’25: $299MQ2 ’25: $313MQ3 ’25: $346MQ3 ’25Q4 ’25: $375MQ1 ’26: $483Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 83.4%PUBLIC: 9.8%ADR: 1.9%Other: 1.9%ETP: 1.6%Other: 1.4%
  • Common Stock · 83.4% · $145M
  • PUBLIC · 9.8% · $17M
  • ADR · 1.9% · $3M
  • Other · 1.9% · $3M
  • ETP · 1.6% · $3M
  • Other · 1.4% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LINDE PLCNEW+7.1K7.1K+$3M$3M
CANADIAN PAC RY LTDNEW+6.9K6.9K+$528,193$528,193
DHRDANAHER CORPORATIONADDED+7.8K12.3K+$2M$3M
WMBWILLIAMS COS INCADDED+36.0K65.2K+$985,064$2M
ICEINTERCONTINENTAL EXCHANGE INADDED+23.1K44.5K+$2M$5M
LINDE PLCSOLD OUT−7.0K0−$2M$0
BECTON DICKINSON & COSOLD OUT−7.9K0−$397,936$0
T7DTRANSDIGM GROUP INCSOLD OUT−3760−$236,748$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

42 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BACBANK AMERICA CORP7.25%CNV PFD L · COM9.91%$17M223.2K
2MSFTMICROSOFT CORPhistory →COM8.54%$15M51.6K
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C7.83%$14M131.4K
4AMZNAMAZON COM INChistory →COM7.50%$13M126.6K
5ADIANALOG DEVICES INChistory →COM6.43%$11M56.9K
6HONGBPHONEYWELL INTL INChistory →COM6.37%$11M58.1K
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW5.60%$10M31.6K
8TMOTHERMO FISHER SCIENTIFIC INChistory →COM4.41%$8M13.3K
9SPGIS&P GLOBAL INChistory →COM4.40%$8M22.3K
10BDXBECTON DICKINSON & COhistory →COM3.79%$7M26.7K
11RTXRAYTHEON TECHNOLOGIES CORPhistory →COM3.43%$6M61.2K
12WELLS FARGO CO NEWPERP PFD CNV A3.41%$6M5.1K
134I1PHILIP MORRIS INTL INChistory →COM3.32%$6M59.6K
14VVISA INChistory →COM CL A3.01%$5M23.3K
15ICEINTERCONTINENTAL EXCHANGE INhistory →COM2.66%$5M44.5K
16ADSKAUTODESK INChistory →COM1.90%$3M15.9K
17DHRDANAHER CORPORATIONhistory →COM1.77%$3M12.3K
18AMATAPPLIED MATLS INChistory →COM1.69%$3M24.1K
19DGEDDIAGEO PLChistory →SPON ADR NEW1.68%$3M16.2K
20LINDE PLCSHS1.45%$3M7.1K
21SPROTT PHYSICAL GOLD TRUNIT1.31%$2M147.7K
22SYKSTRYKER CORPORATIONhistory →COM1.16%$2M7.1K
23WMBWILLIAMS COS INChistory →COM1.12%$2M65.2K
24ADBEADOBE SYSTEMS INCORPORATEDCOM0.94%$2M4.3K
25DISDISNEY WALT COCOM0.93%$2M16.1K
26LRCXEURLAM RESEARCH CORPCOM0.59%$1M2.0K
27BALLBALL CORPCOM0.54%$947,72717.2K
28VANECK ETF TRUSTMRNGSTR WDE MOAT · GOLD MINERS ETF0.52%$903,26316.4K
29AESAES CORPCOM0.51%$891,22537.0K
30AAPLAPPLE INCCOM0.43%$752,2744.6K
31INVESCO EXCHANGE TRADED FD TS&P 500 GARP ETF0.32%$562,9806.6K
32METAMETA PLATFORMS INCCL A0.32%$558,8862.6K
33ISHARES TRU.S. MED DVC ETF0.31%$540,66410.0K
34CANADIAN PAC RY LTDCOM0.30%$528,1936.9K
35HDHOME DEPOT INCCOM0.25%$438,8431.5K
36VANGUARD INTL EQUITY INDEX FALLWRLD EX US0.23%$406,3727.6K
37SNPSSYNOPSYS INCCOM0.23%$394,3611.0K
38REGNREGENERON PHARMACEUTICALSCOM0.22%$379,612462
39FMXFOMENTO ECONOMICO MEXICANO SSPON ADR UNITS0.22%$376,0964.0K
40DBX ETF TRXTRACK HRVST CSI0.20%$357,00312.1K
41NRGXEURPIMCO ENERGY & TACTICAL CR OCOM SHS BEN INT0.13%$218,57715.0K
42SUPER GROUP SGHC LIMITEDORD SHS0.10%$182,78145.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$483M65Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$375M67Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$346M66Oct 9, 202513F-HRchanges · EDGAR ↗
Q2 2025$313M73Jul 21, 202513F-HRchanges · EDGAR ↗
Q1 2025$299M74Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$285M71Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$283M69Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$274M67Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$260M63May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$242M52Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$212M50Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$203M46Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$174M45Apr 28, 202313F-HRchanges · EDGAR ↗
Q4 2022$152M46Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$132M48Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$152M64Aug 8, 202213F-HRchanges · EDGAR ↗
Q1 2022$174M65May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$165M69Feb 3, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.