Managers / Q4 2025 · view latest →

Addis & Hill, Inc

CIK 0002016470 · 200 W. LANCASTER AVENUE, SUITE 203, WAYNE, PA, 19087 · 610-688-9500

Reported Value

$165M

Q4 2025

Positions

Filings on Record

2019–present window

Filed

Jan 6, 2026

original filing

Summary

Addis & Hill, Inc reported $165M in U.S.-listed holdings across 27 positions for Q4 2025.

The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 39.6% of reported value.

The book was largely unchanged from Q3 2025.

Portfolio Metrics

Turnover

+0.8%

vs prior filed quarter

Top-10 Concentration

+92.0%

share of reported value

Largest Position

+39.6%

Vanguard Index Fds

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

Portfolio Composition

By security type

ETP · 94.6% · $156M
Common Stock · 3.8% · $6M
MLP · 1.6% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
ET ENERGY TRANSFER L P	ADDED	+8.0K	78.3K	+$96,705	$1M
AROC ARCHROCK INC	TRIMMED	−1.9K	25.1K	−$45,182	$653,024
VGSH VANGUARD SCOTTSDALE FDS	ADDED	+960	15.0K	+$56,511	$878,885
MPLX MPLX LP	TRIMMED	−927	12.7K	+$368	$675,344
OKE ONEOK INC NEW	TRIMMED	−551	7.9K	−$36,115	$579,107
EPD ENTERPRISE PRODS PARTNERS L	TRIMMED	−1.5K	21.8K	−$27,720	$699,197
WMB WILLIAMS COS INC	TRIMMED	−751	12.2K	−$91,510	$733,403
KMI KINDER MORGAN INC DEL	TRIMMED	−1.4K	23.3K	−$59,380	$641,810

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

Holdings — Q4 2025

19 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	VANGUARD INDEX FDS	LARGE CAP ETF · TOTAL STK MKT · MID CAP ETF	58.95%	$97M	307.9K
2	VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF · FTSE EUROPE ETF · FTSE EMR MKT ETF · ALLWRLD EX US · TT WRLD ST ETF	21.10%	$35M	440.9K
3	ISHARES TR	CORE US AGGBD ET · RUSSELL 2000 ETF	8.25%	$14M	108.4K
4	SPDR INDEX SHS FDS	DJ GLB RL ES ETF	3.95%	$7M	144.9K
5	VGSH VANGUARD SCOTTSDALE FDS	INT-TERM CORP · SHORT TERM TREAS	2.06%	$3M	45.0K
6	ET ENERGY TRANSFER L P	COM UT LTD PTN	0.78%	$1M	78.3K
7	CEG CONSTELLATION ENERGY CORP	COM	0.73%	$1M	3.4K
8	TRGP TARGA RES CORP	COM	0.62%	$1M	5.6K
9	WMB WILLIAMS COS INC	COM	0.44%	$733,403	12.2K
10	EPD ENTERPRISE PRODS PARTNERS L	COM	0.42%	$699,197	21.8K
11	MPLX MPLX LP	COM UNIT REP LTD	0.41%	$675,344	12.7K
12	AROC ARCHROCK INC	COM	0.40%	$653,024	25.1K
13	KMI KINDER MORGAN INC DEL	COM	0.39%	$641,810	23.3K
14	OKE ONEOK INC NEW	COM	0.35%	$579,107	7.9K
15	SPDR SERIES TRUST	STATE STREET SPD	0.27%	$445,663	4.9K
16	FBIN FORTUNE BRANDS INNOVATIONS I	COM	0.27%	$443,078	8.9K
17	PEO EXELON CORP	COM	0.26%	$430,844	9.9K
18	NMRA NEUMORA THERAPEUTICS INC.	COM	0.18%	$292,461	163.4K
19	TXN TEXAS INSTRS INC	COM	0.16%	$266,134	1.5K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q2 2026	$181M	29	Jul 7, 2026	13F-HR	changes · EDGAR ↗
Q1 2026	$164M	27	Apr 16, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$165M	27	Jan 6, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$164M	27	Oct 17, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$153M	27	Jul 11, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	Under review	28	Apr 10, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$135,268	23	Jan 31, 2025	13F-HR	changes · EDGAR ↗
Q3 2024	$130,541	28	Oct 28, 2024	13F-HR	changes · EDGAR ↗
Q2 2024	$119,973	23	Jul 18, 2024	13F-HR	changes · EDGAR ↗
Q1 2024	$117,206	27	Apr 23, 2024	13F-HR	changes · 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 ↗.