Managers / Q4 2025 · view latest →
Orion Investment Co
CIK 0002033920 · 7800 FORSYTH BLVD. SUITE 820, ST. LOUIS, MO, 63105 · 314-725-3800
Summary
Orion Investment Co reported $328M in U.S.-listed holdings across 68 positions for Q4 2025.
Its largest position, MSFT, represents 15.6% of the portfolio.
Compared with Q3 2025, the fund opened 1 new position and exited 3.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 96.3% · $316M
- Other · 1.8% · $6M
- ETP · 1.1% · $4M
- MLP · 0.6% · $2M
- ADR · 0.2% · $587,032
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ARWRArrowhead Pharmaceuticals In | NEW | +46.4K | 46.4K | +$3M | $3M |
| NOWServicenow Inc | ADDED | +9.6K | 12.0K | −$380,515 | $2M |
| PYPLPaypal Hldgs Inc | SOLD OUT | −8.9K | 0 | −$594,085 | $0 |
| ORCLOracle Corp | SOLD OUT | −995 | 0 | −$279,834 | $0 |
| PEPPepsico Inc | SOLD OUT | −1.8K | 0 | −$246,051 | $0 |
| ARLPAlliance Resources Partners L | ADDED | +6.0K | 34.5K | +$80,864 | $800,854 |
| RGTIRigetti Computing Inc | ADDED | +22.0K | 161.3K | −$575,532 | $4M |
| BMYBristol-Myers Squibb Co | TRIMMED | −2.3K | 22.1K | +$91,607 | $1M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $315M | 69 | May 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $328M | 68 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $315M | 70 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $282M | 70 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $245M | 68 | May 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $251M | 65 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $257M | 66 | Nov 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $251M | 64 | Aug 15, 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 ↗.