SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Phraction Management LLC

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

Reported Value
$242M
Q4 2023
Positions
52
Filings on Record
18
2019–present window
Filed
Feb 5, 2024
original filing

Summary

Phraction Management LLC reported $242M in U.S.-listed holdings across 52 positions for Q4 2023.

Its largest position, MSFT, represents 8.1% of the portfolio.

Compared with Q3 2023, the fund opened 4 new positions and exited 2.

Portfolio Metrics

Turnover
+0.8%
vs prior filed quarter
Top-10 Concentration
+55.7%
share of reported value
Largest Position
+8.1%
Microsoft
New / Exited
4 / 2
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: 84.9%PUBLIC: 7.6%REIT: 2.1%ETP: 1.5%ADR: 1.5%Other: 2.4%
  • Common Stock · 84.9% · $205M
  • PUBLIC · 7.6% · $19M
  • REIT · 2.1% · $5M
  • ETP · 1.5% · $4M
  • ADR · 1.5% · $4M
  • Other · 2.4% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AVTRAVANTOR INCNEW+17.8K17.8K+$406,831$406,831
FIDELITY COVINGTON TRUSTNEW+9.9K9.9K+$223,641$223,641
DISDISNEY WALT CONEW+2.4K2.4K+$220,940$220,940
CEINCAMBER ENERGY INCNEW+356.3K356.3K+$81,379$81,379
SUPER GROUP SGHC LIMITEDADDED+83.0K128.4K+$239,525$406,885
AESAES CORPSOLD OUT−33.3K0−$506,373$0
VLTOVERALTO CORPSOLD OUT−2.4K0−$206,496$0
VANECK ETF TRUSTADDED+3.4K10.9K+$136,134$336,614

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

Holdings — Q4 2023

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BACBANK AMERICA CORP7.25%CNV PFD L · COM8.19%$20M219.6K
2MSFTMICROSOFT CORPhistory →COM8.06%$20M51.9K
3AMZNAMAZON COM INChistory →COM7.42%$18M118.2K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C7.21%$17M124.5K
5HONGBPHONEYWELL INTL INChistory →COM6.13%$15M70.7K
6TMOTHERMO FISHER SCIENTIFIC INChistory →COM6.02%$15M27.5K
7ADIANALOG DEVICES INChistory →COM5.67%$14M69.1K
8BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW4.68%$11M31.7K
9RTXRTX CORPORATIONhistory →COM4.23%$10M121.7K
10SPGIS&P GLOBAL INChistory →COM4.11%$10M22.6K
11DHRDANAHER CORPORATIONhistory →COM3.54%$9M37.0K
12BDXBECTON DICKINSON & COhistory →COM3.32%$8M32.9K
134I1PHILIP MORRIS INTL INChistory →COM3.09%$7M79.5K
14TXNTEXAS INSTRS INChistory →COM2.63%$6M37.3K
15VVISA INChistory →COM CL A2.46%$6M22.9K
16ICEINTERCONTINENTAL EXCHANGE INhistory →COM2.38%$6M44.8K
17WELLS FARGO CO NEWPERP PFD CNV A2.36%$6M4.8K
18WMBWILLIAMS COS INChistory →COM2.15%$5M149.2K
19ADSKAUTODESK INChistory →COM1.91%$5M19.0K
20AMATAPPLIED MATLS INChistory →COM1.57%$4M23.4K
21DGEDDIAGEO PLChistory →SPON ADR NEW1.24%$3M20.7K
22LINDE PLCSHS1.17%$3M6.9K
23TDYTELEDYNE TECHNOLOGIES INChistory →COM1.16%$3M6.3K
24SPROTT PHYSICAL GOLD TRUNIT0.94%$2M142.4K
25UNPUNION PAC CORPCOM0.76%$2M7.5K
26ADBEADOBE INCCOM0.50%$1M2.0K
27VANECK ETF TRUSTMRNGSTR WDE MOAT · GOLD MINERS ETF0.50%$1M21.1K
28LRCXEURLAM RESEARCH CORPCOM0.43%$1M1.3K
29METAMETA PLATFORMS INCCL A0.38%$922,0662.6K
30AAPLAPPLE INCCOM0.32%$767,8104.0K
31INVESCO EXCHANGE TRADED FD TS&P 500 GARP ETF0.31%$754,9087.7K
32VANGUARD INTL EQUITY INDEX FALLWRLD EX US0.31%$738,80213.2K
33SYKSTRYKER CORPORATIONCOM0.29%$710,9182.4K
34CPCANADIAN PACIFIC KANSAS CITYCOM0.29%$698,4168.8K
35NOCNORTHROP GRUMMAN CORPCOM0.28%$688,6341.5K
36HDHOME DEPOT INCCOM0.23%$560,7181.6K
37ISHARES TRU.S. MED DVC ETF0.22%$540,56410.0K
38FMXFOMENTO ECONOMICO MEXICANO SSPON ADR UNITS0.21%$512,7973.9K
39TECK/BTECK RESOURCES LTDCL B0.17%$410,0199.7K
40SUPER GROUP SGHC LIMITEDORD SHS0.17%$406,885128.4K
41AVTRAVANTOR INCCOM0.17%$406,83117.8K
42HHHHOWARD HUGHES HOLDINGS INCCOM0.16%$384,9754.5K
43REGNREGENERON PHARMACEUTICALSCOM0.13%$322,332367
44NRGXEURPIMCO DYNAMIC INCOME STRATEGCOM SHS BEN INT0.13%$306,60615.0K
45DBX ETF TRXTRACK HRVST CSI0.12%$289,55012.1K
46FIDELITY COVINGTON TRUSTCLOUD COMPUTNG0.09%$223,6419.9K

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 ↗.