SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Phraction Management LLC

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

Reported Value
$203M
Q2 2023
Positions
46
Filings on Record
18
2019–present window
Filed
Aug 3, 2023
original filing

Summary

Phraction Management LLC reported $203M in U.S.-listed holdings across 46 positions for Q2 2023.

Its largest position, MSFT, represents 8.7% of the portfolio.

Compared with Q1 2023, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+2.6%
vs prior filed quarter
Top-10 Concentration
+57.1%
share of reported value
Largest Position
+8.7%
Microsoft
New / Exited
4 / 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: 86.1%PUBLIC: 8.3%ADR: 1.6%Other: 1.4%ETP: 1.4%Other: 1.2%
  • Common Stock · 86.1% · $174M
  • PUBLIC · 8.3% · $17M
  • ADR · 1.6% · $3M
  • Other · 1.4% · $3M
  • ETP · 1.4% · $3M
  • Other · 1.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TXNTEXAS INSTRS INCNEW+23.3K23.3K+$4M$4M
UNPUNION PAC CORPNEW+7.4K7.4K+$2M$2M
TDYTELEDYNE TECHNOLOGIES INCNEW+2.2K2.2K+$914,309$914,309
CPCANADIAN PACIFIC KANSAS CITYNEW+6.9K6.9K+$560,705$560,705
DHRDANAHER CORPORATIONADDED+17.3K29.6K+$4M$7M
WMBWILLIAMS COS INCADDED+83.6K148.8K+$3M$5M
BALLBALL CORPSOLD OUT−17.2K0−$947,727$0
CANADIAN PAC RY LTDSOLD OUT−6.9K0−$528,193$0

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

Holdings — Q2 2023

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM8.71%$18M51.8K
2BACBANK AMERICA CORP7.25%CNV PFD L · COM8.50%$17M220.8K
3AMZNAMAZON COM INChistory →COM8.27%$17M128.5K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C7.76%$16M130.7K
5ADIANALOG DEVICES INChistory →COM6.07%$12M63.1K
6HONGBPHONEYWELL INTL INChistory →COM6.06%$12M59.2K
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW5.33%$11M31.7K
8TMOTHERMO FISHER SCIENTIFIC INChistory →COM4.79%$10M18.6K
9SPGIS&P GLOBAL INChistory →COM4.42%$9M22.4K
10DHRDANAHER CORPORATIONhistory →COM3.50%$7M29.6K
114I1PHILIP MORRIS INTL INChistory →COM3.46%$7M71.8K
12BDXBECTON DICKINSON & COhistory →COM3.44%$7M26.4K
13RTXRAYTHEON TECHNOLOGIES CORPhistory →COM3.16%$6M65.2K
14WELLS FARGO CO NEWPERP PFD CNV A2.81%$6M4.9K
15VVISA INChistory →COM CL A2.73%$6M23.2K
16ICEINTERCONTINENTAL EXCHANGE INhistory →COM2.49%$5M44.6K
17WMBWILLIAMS COS INChistory →COM2.40%$5M148.8K
18TXNTEXAS INSTRS INChistory →COM2.07%$4M23.3K
19AMATAPPLIED MATLS INChistory →COM1.69%$3M23.7K
20ADSKAUTODESK INChistory →COM1.66%$3M16.4K
21DGEDDIAGEO PLChistory →SPON ADR NEW1.38%$3M16.1K
22LINDE PLCSHS1.34%$3M7.1K
23SPROTT PHYSICAL GOLD TRUNIT1.09%$2M147.7K
24ADBEADOBE SYSTEMS INCORPORATEDCOM0.80%$2M3.3K
25UNPUNION PAC CORPCOM0.75%$2M7.4K
26SYKSTRYKER CORPORATIONCOM0.65%$1M4.3K
27LRCXEURLAM RESEARCH CORPCOM0.53%$1M1.7K
28VANECK ETF TRUSTMRNGSTR WDE MOAT · GOLD MINERS ETF0.46%$940,03616.4K
29TDYTELEDYNE TECHNOLOGIES INCCOM0.45%$914,3092.2K
30AAPLAPPLE INCCOM0.38%$773,5524.0K
31METAMETA PLATFORMS INCCL A0.37%$756,7662.6K
32AESAES CORPCOM0.31%$619,74429.9K
33INVESCO EXCHANGE TRADED FD TS&P 500 GARP ETF0.30%$599,1486.6K
34ISHARES TRU.S. MED DVC ETF0.28%$565,50310.0K
35CPCANADIAN PACIFIC KANSAS CITYCOM0.28%$560,7056.9K
36HDHOME DEPOT INCCOM0.24%$484,9091.6K
37FMXFOMENTO ECONOMICO MEXICANO SSPON ADR UNITS0.22%$437,9294.0K
38VANGUARD INTL EQUITY INDEX FALLWRLD EX US0.20%$413,5167.6K
39DISDISNEY WALT COCOM0.20%$400,3324.5K
40DBX ETF TRXTRACK HRVST CSI0.16%$324,06412.1K
41REGNREGENERON PHARMACEUTICALSCOM0.13%$263,704367
42NRGXEURPIMCO ENERGY & TACTICAL CR OCOM SHS BEN INT0.12%$235,94315.0K
43SUPER GROUP SGHC LIMITEDORD SHS0.06%$131,53045.4K

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 ↗.