Managers / Q1 2026
Vavra Capital Management, LLC
CIK 0002106605 · 1026 BLACKSMITH LANE, COLLEGEVILLE, PA, 19426 · 610-489-3018
Summary
Vavra Capital Management, LLC reported $103M in U.S.-listed holdings across 24 positions for Q1 2026.
The portfolio is heavily concentrated: State Str Spdr S P 500 Etf T alone accounts for 28.7% of reported value.
Compared with Q4 2025, the fund opened 1 new position and exited 0.
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 · 96.9% · $100M
- Other · 1.8% · $2M
- Common Stock · 1.3% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| HARBOR ETF TRUST | NEW | +14.9K | 14.9K | +$463,010 | $463,010 |
| NDQINVESCO QQQ TR | ADDED | +734 | 2.2K | +$369,218 | $1M |
| BLACKROCK ETF TRUST | ADDED | +4.1K | 13.4K | +$215,001 | $779,379 |
| FLEXSHARES TR | TRIMMED | −1.0K | 4.0K | −$8,720 | $220,530 |
| ISHARES TR | ADDED | +925 | 7.4K | +$91,932 | $789,968 |
| VANECK ETF TRUST | TRIMMED | −7.2K | 74.4K | −$260,139 | $2M |
| BONDBLOXX ETF TRUST | ADDED | +1.5K | 21.6K | +$56,194 | $1M |
| PACER FDS TR | ADDED | +2.6K | 44.1K | +$261,242 | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T | TR UNIT | 28.73% | $30M | 45.4K |
| 2 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 15.24% | $16M | 244.6K |
| 3 | PIMCO ETF TR | ACTIVE BD ETF | 12.57% | $13M | 140.1K |
| 4 | ISHARES TR | RUSSELL 2000 ETF · MSCI USA QLT FCT · NATIONAL MUN ETF · MSCI USA MMENTM | 11.80% | $12M | 54.5K |
| 5 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 5.01% | $5M | 24.0K |
| 6 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 4.93% | $5M | 89.5K |
| 7 | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 4.28% | $4M | 81.4K |
| 8 | BLACKROCK ETF TRUST II | ISHARES LARG CAP | 3.39% | $3M | 102.1K |
| 9 | PACER FDS TR | US CASH COWS 100 | 2.68% | $3M | 44.1K |
| 10 | VANECK ETF TRUST | FALLEN ANGEL HG | 2.08% | $2M | 74.4K |
| 11 | CHUBB LTD SWITZ | COM | 1.81% | $2M | 5.7K |
| 12 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.23% | $1M | 2.2K |
| 13 | SPDR SERIES TRUST | STATE STREET SPD | 1.21% | $1M | 42.8K |
| 14 | VANGUARD INDEX FDS | TOTAL STK MKT | 1.05% | $1M | 3.4K |
| 15 | BONDBLOXX ETF TRUST | BONDBLOXX PRIVAT | 1.03% | $1M | 21.6K |
| 16 | AAPLAPPLE INC | COM | 1.00% | $1M | 4.0K |
| 17 | BLACKROCK ETF TRUST | ISHARES US EQUIT | 0.76% | $779,379 | 13.4K |
| 18 | HARBOR ETF TRUST | HARBOR COMMODITY | 0.45% | $463,010 | 14.9K |
| 19 | FLEXSHARES TR | MORNSTAR UPSTR · QUALT DIVD IDX | 0.41% | $425,373 | 6.6K |
| 20 | LLYELI LILLY & CO | COM | 0.33% | $335,716 | 365 |
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 ↗.