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Navalign, LLC — 13F Holdings & Portfolio

CIK 1820593 · latest 13F-HR filed 2026-07-28

Backtest portfolio

Navalign, LLC manages $429.1M in 13F-reported U.S. long-equity assets across 132 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are FBND (11.48%), AAPL (6.71%), VXUS (5.68%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 13 new positions and exited 8; 63 existing positions rose in reported value and 26 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$429.1M

Long-equity book

Holdings
132

Distinct positions

Period
2026-06-30

Filed 2026-07-28

Q/Q Activity
+13 / −8 / ↑63 / ↓26

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
FBND11.5% · +5%AAPL6.7% · -1%VXUS5.7% · newIJR5.7% · -2%SPYG5.1% · -2%SPYV5.0% · +1%SCHP4.5% · +5%GUNR4.0% · +1%UCON3.6% · +4%VNQ3.5% · +1%CMF2.7% · +1%AVUV2.3% · -2%JQUA2.2% · +0%SCHD2.1% · -0%RSP2.1% · +1%NVDA2.0% · -2%AMGN1.9% · -0%GOOGL1.2% · -2%META1.0% · +0%V0.9% · +0%AVGO0.8% · -0%AMZN0.8% · +2%JPM0.7% · -0%MSFT0.7% · +6%BUFR0.7% · +17%PANW0.6% · -2%GOOG0.5% · -2%BSV0.5% · +6%MCK0.5% · +1%VWO0.5% · -0%JCI0.5% · +1%LLY0.5% · +2%GS0.5% · -2%MRK0.5% · +1%CSCO0.4% · -2%COST0.4% · +1%PG0.4% · +4%BLK0.4% · +2%VTEB0.4% · +1%UBER0.4% · +3%SGOV0.4% · -38%KO0.4% · -2%UNP0.4% · -1%CI0.4% · +3%BAC0.4% · -0%DAL0.4% · -2%TJX0.4% · -1%TEL0.4% · -0%NFLX0.4% · +4%BXP0.3% · +58%AEP0.3% · +0%LIN0.3% · -0%SBUX0.3% · +0%PSX0.3% · -0%CSX0.3% · -2%CRM0.3% · +29%NOW0.3% · +11%COF0.3% · -3%BKNG0.3% · +2487%TMO0.3% · +2%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 55.1%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Apr 2, 2026.

Assets Under Management
$731.9M
Discretionary
$731.9M
Employees
10
Accounts
1,906
Address
15910 VENTURA BLVD
SUITE 1605
ENCINO, CA 91436
Phone
(818) 728-4500
Website
Name Title / Status Ownership Type
CARTER, CHRISTOPHER, MATTHEW ControlMEMBER'S ESTATE
since Mar 2002
10–25%Individual
JACOBS, DAVID, WILLIAM ControlMEMBER
since Mar 2002
25–50%Individual
RISCHALL, STEPHEN, EDWARD ControlMEMBER
since Jun 2018
25–50%Individual
STADELMAN, MATTHEW, J ControlMEMBER, CHIEF COMPLIANCE OFFICER
since Jun 2018
10–25%Individual
Ownership & leadership changes · 3 filings with changes since Nov 17, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Feb 25, 2026 filing
  • ChangedCARTER, CHRISTOPHER, MATTHEW · title MEMBER & CHIEF COMPLIANCE OFFICER → MEMBER'S ESTATE; ownership 25–50% → 10–25%
  • ChangedRISCHALL, STEPHEN, EDWARD · ownership 10–25% → 25–50%
  • ChangedSTADELMAN, MATTHEW, J · title MEMBER → MEMBER, CHIEF COMPLIANCE OFFICER
Jan 30, 2019 filing
  • ChangedCARTER, CHRISTOPHER, MATTHEW · title MANAGING MEMBER & CHIEF COMPLIANCE OFFICER → MEMBER & CHIEF COMPLIANCE OFFICER
  • ChangedJACOBS, DAVID, WILLIAM · title MANAGING MEMBER → MEMBER
  • ChangedRISCHALL, STEPHEN, EDWARD · title MANAGING MEMBER → MEMBER
  • ChangedSTADELMAN, MATTHEW, J · title MANAGING MEMBER → MEMBER
Jul 16, 2018 filing
  • AddedRISCHALL, STEPHEN, EDWARD · MANAGING MEMBER · 10–25% · control person
  • AddedSTADELMAN, MATTHEW, J · MANAGING MEMBER · 10–25% · control person
  • ChangedCARTER, CHRISTOPHER, MATTHEW · ownership 50–75% → 25–50%
  • ChangedJACOBS, DAVID, WILLIAM · ownership 50–75% → 25–50%
Nov 17, 2011 filing (earliest on record)
  • ListedCARTER, CHRISTOPHER, MATTHEW · MANAGING MEMBER & CHIEF COMPLIANCE OFFICER · 50–75% · control person
  • ListedJACOBS, DAVID, WILLIAM · MANAGING MEMBER · 50–75% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 63 →

Top Trims

Show all 26 →

New Positions

Show all 13 →

Exited Positions

Show all 8 →

Navalign, LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 FIDELITY MERRIMACK STR TR FBND 316188309 $49.3M 11.48% 1,083,023 SH
2 APPLE INC AAPL 037833100 $28.8M 6.71% 99,451 SH
3 VANGUARD STAR FDS VXUS 921909768 $24.4M 5.68% 285,185 SH
4 ISHARES TR IJR 464287804 $24.3M 5.66% 163,755 SH
5 SPDR SERIES TRUST SPYG 78464A409 $21.7M 5.05% 182,166 SH
6 SPDR SERIES TRUST SPYV 78464A508 $21.2M 4.95% 349,442 SH
7 SCHWAB STRATEGIC TR SCHP 808524870 $19.2M 4.48% 726,108 SH
8 FLEXSHARES TR GUNR 33939L407 $17.2M 4.00% 348,035 SH
9 FIRST TR EXCHNG TRADED FD VI UCON 33740F888 $15.4M 3.60% 620,228 SH
10 VANGUARD INDEX FDS VNQ 922908553 $14.8M 3.45% 153,717 SH
11 ISHARES TR CMF 464288356 $11.6M 2.71% 202,036 SH
12 AMERICAN CENTY ETF TR AVUV 025072877 $9.8M 2.28% 78,452 SH
13 J P MORGAN EXCHANGE TRADED F JQUA 46641Q761 $9.5M 2.21% 131,050 SH
14 SCHWAB STRATEGIC TR SCHD 808524797 $9.2M 2.14% 290,110 SH
15 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $9.0M 2.10% 42,418 SH
16 NVIDIA CORPORATION NVDA 67066G104 $8.6M 2.01% 43,160 SH
17 AMGEN INC AMGN 031162100 $8.2M 1.92% 22,715 SH
18 ALPHABET INC GOOGL 02079K305 $5.1M 1.18% 14,133 SH
19 META PLATFORMS INC META 30303M102 $4.4M 1.03% 7,842 SH
20 VISA INC V 92826C839 $3.7M 0.87% 10,841 SH
21 BROADCOM INC AVGO 11135F101 $3.4M 0.79% 9,013 SH
22 AMAZON COM INC AMZN 023135106 $3.3M 0.77% 13,848 SH
23 JPMORGAN CHASE & CO JPM 46625H100 $2.9M 0.67% 8,756 SH
24 MICROSOFT CORP MSFT 594918104 $2.8M 0.66% 7,598 SH
25 FIRST TR EXCHNG TRADED FD VI BUFR 33740F755 $2.8M 0.65% 76,608 SH
26 PALO ALTO NETWORKS INC PANW 697435105 $2.6M 0.60% 7,562 SH
27 ALPHABET INC GOOG 02079K107 $2.3M 0.54% 6,614 SH
28 VANGUARD BD INDEX FDS BSV 921937827 $2.3M 0.52% 28,900 SH
29 MCKESSON CORP MCK 58155Q103 $2.2M 0.52% 2,974 SH
30 VANGUARD INTL EQUITY INDEX F VWO 922042858 $2.2M 0.52% 37,455 SH
31 JOHNSON CONTROLS INTERNATION JCI G51502105 $2.2M 0.51% 15,075 SH
32 ELI LILLY & CO LLY 532457108 $2.1M 0.50% 1,784 SH
33 GOLDMAN SACHS GROUP INC GS 38141G104 $2.1M 0.50% 2,106 SH
34 MERCK & CO INC MRK 58933Y105 $2.1M 0.48% 16,140 SH
35 CISCO SYS INC CSCO 17275R102 $1.9M 0.45% 16,414 SH
36 COSTCO WHOLESALE CORPORATION COST 22160K105 $1.9M 0.44% 2,020 SH
37 PROCTER & GAMBLE CO PG 742718109 $1.9M 0.43% 12,696 SH
38 BLACKROCK INC BLK 09290D101 $1.8M 0.43% 1,908 SH
39 VANGUARD MUN BD FDS VTEB 922907746 $1.8M 0.43% 36,067 SH
40 UBER TECHNOLOGIES INC UBER 90353T100 $1.8M 0.42% 25,213 SH
41 ISHARES TR SGOV 46436E718 $1.8M 0.41% 17,602 SH
42 COCA COLA CO KO 191216100 $1.8M 0.41% 21,705 SH
43 UNION PAC CORP UNP 907818108 $1.6M 0.38% 6,012 SH
44 THE CIGNA GROUP CI 125523100 $1.6M 0.38% 5,930 SH
45 BANK OF AMER CORP BAC 060505104 $1.6M 0.38% 28,390 SH
46 DELTA AIR LINES INC DAL 247361702 $1.6M 0.37% 17,073 SH
47 TJX COS INC NEW TJX 872540109 $1.6M 0.37% 10,498 SH
48 TE CONNECTIVITY PLC TEL G87052109 $1.6M 0.37% 7,824 SH
49 NETFLIX INC. NFLX 64110L106 $1.6M 0.37% 21,998 SH
50 BXP INC BXP 101121101 $1.5M 0.34% 22,045 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-28 $429.1M 132 0001820593-26-000004
2026-03-31 2026-04-29 $396.5M 127 0001820593-26-000003
2025-12-31 2026-02-05 $407.4M 512 0001820593-26-000001
Filer Information
Address
15910 VENTURA BOULEVARD
SUITE 1605
ENCINO, CA 91436
Phone
(818) 728-4500
Filing Manager
Navalign, LLC
ENCINO, CA
Signatory
Steve Trinh
Portfolio Manager