Managers / Q4 2025
LongView Asset Management LLC
CIK 0002053960 · 136 GRANT AVENUE, SANTA FE, NM, 87501 · (505) 988-9555
Summary
Longview Asset Management LLC reported $143M in U.S.-listed holdings across 51 positions for Q4 2025.
The portfolio is heavily concentrated: DFSU alone accounts for 21.4% of reported value.
Compared with Q3 2025, the fund opened 4 new positions and exited 6.
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
- ETP · 91.9% · $132M
- Common Stock · 7.7% · $11M
- Other · 0.3% · $492,125
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PIMCO ETF TR | NEW | +4.0K | 4.0K | +$390,653 | $390,653 |
| SCHWAB STRATEGIC TR | NEW | +8.1K | 8.1K | +$218,097 | $218,097 |
| ISHARES TR | NEW | +3.6K | 3.6K | +$207,144 | $207,144 |
| GOOGLALPHABET INC | NEW | +639 | 639 | +$200,007 | $200,007 |
| TSLATESLA INC | SOLD OUT | −538 | 0 | −$239,260 | $0 |
| ESGDISHARES TR | SOLD OUT | −2.5K | 0 | −$236,356 | $0 |
| NUSHARES ETF TR | SOLD OUT | −9.3K | 0 | −$208,483 | $0 |
| SSGA ACTIVE TR | SOLD OUT | −7.0K | 0 | −$205,056 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DFSUDIMENSIONAL ETF TRUST | US SUSTAINABILTY · INTERNATIONAL · EMERGING MARKETS · US CORE EQT MKT | 42.76% | $61M | 1.43M |
| 2 | MORGAN STANLEY ETF TRUST | CALVERT INTERNAT · CALVERT US LARCP · CALVERT US MDCP | 16.79% | $24M | 330.5K |
| 3 | ALTSHARES TRUST | MERGER ARBITRAGE | 7.23% | $10M | 356.5K |
| 4 | NULCNUSHARES ETF TR | NUVEEN ESG SMLCP · NUVEEN ESG INTL · NUVEEN ESG LRGVL · ESG LARGE CAP | 6.73% | $10M | 230.5K |
| 5 | AMERICAN CENTY ETF TR | AVANTIS RESPONSI · AVANTIS RESPON U | 6.68% | $10M | 132.7K |
| 6 | SSGA ACTIVE TR | STATE STREET DOU | 2.54% | $4M | 84.1K |
| 7 | MANAGER DIRECTED PORTFOLIOS | VERT GLB SUST RE | 2.52% | $4M | 347.9K |
| 8 | SPDR SERIES TRUST | STATE STREET SPD | 2.39% | $3M | 37.8K |
| 9 | AAPLAPPLE INChistory → | COM | 1.83% | $3M | 9.6K |
| 10 | BRK/ABERKSHIRE HATHAWAY INC DELhistory → | CL A | 1.05% | $2M | 2 |
| 11 | ISHARES TR | CORE S&P500 ETF · ESG MSCI KLD 400 · ENVIR AWR RL EST · CALIF MUN BD ETF | 1.02% | $1M | 16.7K |
| 12 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.97% | $1M | 2.3K |
| 13 | GOOGALPHABET INC | CAP STK CL C | 0.93% | $1M | 4.3K |
| 14 | AMZNAMAZON COM INC | COM | 0.63% | $907,354 | 3.9K |
| 15 | JPMJPMORGAN CHASE & CO. | COM | 0.60% | $855,817 | 2.7K |
| 16 | VUGVANGUARD INDEX FDS | GROWTH ETF · LARGE CAP ETF · TOTAL STK MKT | 0.50% | $715,434 | 1.9K |
| 17 | MSFTMICROSOFT CORP | COM | 0.49% | $699,506 | 1.4K |
| 18 | PGPROCTER AND GAMBLE CO | COM | 0.49% | $699,210 | 4.9K |
| 19 | NVDANVIDIA CORPORATION | COM | 0.45% | $650,885 | 3.5K |
| 20 | GQ9SPDR GOLD TR | GOLD SHS | 0.43% | $618,950 | 1.6K |
| 21 | FTAI AVIATION LTD | SHS | 0.34% | $492,125 | 2.5K |
| 22 | ADBEADOBE INC | COM | 0.28% | $397,939 | 1.1K |
| 23 | PIMCO ETF TR | ENHANCD SHORT | 0.27% | $390,653 | 4.0K |
| 24 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 0.26% | $375,662 | 1.7K |
| 25 | MATTHEWS INTL FDS | EMERGING MARKETS | 0.25% | $359,440 | 12.7K |
| 26 | ABBVABBVIE INC | COM | 0.25% | $352,104 | 1.5K |
| 27 | CSCOCISCO SYS INC | COM | 0.22% | $309,122 | 4.0K |
| 28 | ABTABBOTT LABS | COM | 0.20% | $286,974 | 2.3K |
| 29 | SPDR S&P 500 ETF TR | TR UNIT | 0.16% | $236,227 | 346 |
| 30 | AVGOBROADCOM INC | COM | 0.16% | $236,041 | 682 |
| 31 | SCHWAB STRATEGIC TR | US LRG CAP ETF | 0.15% | $218,097 | 8.1K |
| 32 | SSGA ACTIVE ETF TR | STATE STREET DOU | 0.15% | $215,764 | 5.4K |
| 33 | VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 0.14% | $204,924 | 4.2K |
Filing History
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 ↗.