Managers / Q4 2025 · view latest →
46 Peaks LLC
CIK 0002112665 · 760 NEWTOWN YARDLEY ROAD, STE 114, NEWTOWN, PA, 18940 · 215-497-8310
Summary
46 Peaks LLC reported $136M in U.S.-listed holdings across 24 positions for Q4 2025.
The portfolio is heavily concentrated: J P Morgan Exchange Traded F alone accounts for 20.8% of reported value.
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 · 99.4% · $136M
- Common Stock · 0.6% · $843,086
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| J P MORGAN EXCHANGE TRADED F | NEW | +597.9K | 597.9K | +$28M | $28M |
| WISDOMTREE TR | NEW | +428.5K | 428.5K | +$23M | $23M |
| ISHARES TR | NEW | +262.3K | 262.3K | +$18M | $18M |
| WISDOMTREE TR | NEW | +275.2K | 275.2K | +$12M | $12M |
| FIDELITY COVINGTON TRUST | NEW | +234.5K | 234.5K | +$10M | $10M |
| VANECK ETF TRUST | NEW | +93.6K | 93.6K | +$10M | $10M |
| JOHN HANCOCK EXCHANGE TRADED | NEW | +141.7K | 141.7K | +$9M | $9M |
| SSGA ACTIVE ETF TR | NEW | +171.0K | 171.0K | +$8M | $8M |
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 | WISDOMTREE TR | US EFFICIENT COR · INTERNATIONL EFI | 26.12% | $36M | 703.7K |
| 2 | J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 20.85% | $28M | 597.9K |
| 3 | ISHARES TR | CORE DIV GRWTH · CORE S&P500 ETF · MSCI USA QLT FCT · MSCI USA MMENTM · MSCI USA MIN VOL · MSCI USA SZE FT | 15.39% | $21M | 274.2K |
| 4 | FIDELITY COVINGTON TRUST | ENHANCED LARGE · FUNDAMENTAL GLOB | 7.97% | $11M | 270.3K |
| 5 | VANECK ETF TRUST | MRNGSTR WDE MOAT | 7.11% | $10M | 93.6K |
| 6 | JOHN HANCOCK EXCHANGE TRADED | MULTIFACTOR MI | 6.81% | $9M | 141.7K |
| 7 | SSGA ACTIVE ETF TR | STATE STREET GLO | 6.20% | $8M | 171.0K |
| 8 | AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 3.50% | $5M | 61.9K |
| 9 | NEW YORK LIFE INVTS ACTIVE E | NYLI MACKAY MUN | 3.27% | $4M | 182.5K |
| 10 | INNOVATOR ETFS TRUST | INNOVATOR DEEPW | 0.68% | $932,278 | 12.2K |
| 11 | TIDAL TRUST I | UPAR ULTRA RISK | 0.58% | $787,377 | 50.9K |
| 12 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 0.37% | $500,810 | 799 |
| 13 | GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 0.36% | $486,918 | 11.3K |
| 14 | NVDANVIDIA CORPORATION | COM | 0.28% | $384,936 | 2.1K |
| 15 | GRANITESHARES ETF TR | NASDAQ SELECT DI | 0.18% | $252,221 | 3.8K |
| 16 | SCISERVICE CORP INTL | COM | 0.18% | $239,758 | 3.1K |
| 17 | WMWASTE MGMT INC DEL | COM | 0.16% | $218,392 | 994 |
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 ↗.