Invariant Investment Management — 13F Holdings & Portfolio
CIK 1850871 · latest 13F-HR filed 2026-04-13
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
$162.4M
Long-equity book
Holdings
70
Distinct positions
Period
2026-03-31
Filed 2026-04-13
Q/Q Activity
+4 / −5 / ↑25 / ↓19
vs 2025-12-31
Firm Profile & Key People
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- AMERICAN CENTY ETF TR$3.3M +34.4%
- AMERICAN CENTY ETF TR$2.0M +12.6%
- VANGUARD INDEX FDS$809.8K +16.3%
- ISHARES TR$456.7K +75.4%
- EOG RES INC$227.4K +31.5%
Top Trims
- J P MORGAN EXCHANGE TRADED F-$874.7K -17.6%
- ISHARES TR-$750.7K -9.7%
- TESLA INC-$306.6K -35.2%
- ULTA BEAUTY INC-$229.4K -19.3%
- KLA CORP-$215.8K -22.9%
New Positions
- CAESARS ENTERTAINMENT INC NE$361.9K
- ISHARES TR$239.8K
- DIMENSIONAL ETF TRUST$200.8K
- WABASH NATL CORP$116.9K
Exited Positions
- GARTNER INC$406.0K
- AMERICAN CENTY ETF TR$328.7K
- SELECT SECTOR SPDR TR$248.6K
- BLACKSTONE INC$235.2K
- ISHARES TR$202.1K
All Holdings
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 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $23.4M | 14.41% | 118,196 | SH |
| 2 | ISHARES TR | IEF | 464287440 | $21.3M | 13.09% | 222,892 | SH |
| 3 | AMERICAN CENTY ETF TR | AVUV | 025072877 | $18.2M | 11.19% | 157,464 | SH |
| 4 | AMERICAN CENTY ETF TR | AVDV | 025072802 | $17.6M | 10.84% | 167,728 | SH |
| 5 | AMERICAN CENTY ETF TR | AVEM | 025072604 | $12.7M | 7.82% | 148,404 | SH |
| 6 | ISHARES TR | SHY | 464287457 | $8.8M | 5.40% | 106,422 | SH |
| 7 | ISHARES TR | SGOV | 46436E718 | $7.0M | 4.30% | 69,477 | SH |
| 8 | VANGUARD INDEX FDS | VOO | 922908363 | $5.8M | 3.56% | 9,255 | SH |
| 9 | J P MORGAN EXCHANGE TRADED F | JPST | 46641Q837 | $4.1M | 2.53% | 81,227 | SH |
| 10 | J P MORGAN EXCHANGE TRADED F | JMST | 46641Q654 | $2.9M | 1.80% | 57,539 | SH |
| 11 | AMERICAN CENTY ETF TR | AVUS | 025072885 | $2.7M | 1.64% | 22,949 | SH |
| 12 | INVESCO EXCH TRD SLF IDX FD | BSMS | 46138J486 | $2.6M | 1.63% | 112,648 | SH |
| 13 | ISHARES TR | MBB | 464288588 | $1.8M | 1.13% | 19,277 | SH |
| 14 | ALTRIA GROUP INC | MO | 02209S103 | $1.3M | 0.80% | 19,277 | SH |
| 15 | APPLE INC | AAPL | 037833100 | $1.2M | 0.75% | 4,707 | SH |
| 16 | CARDINAL HEALTH INC | CAH | 14149Y108 | $1.2M | 0.75% | 5,626 | SH |
| 17 | MCKESSON CORP | MCK | 58155Q103 | $1.2M | 0.74% | 1,369 | SH |
| 18 | VISA INC | V | 92826C839 | $1.1M | 0.68% | 3,598 | SH |
| 19 | EQT CORP | EQT | 26884L109 | $1.1M | 0.68% | 18,492 | SH |
| 20 | ISHARES TR | AGG | 464287226 | $1.1M | 0.65% | 10,680 | SH |
| 21 | WW GRAINGER INC | GWW | 384802104 | $1.0M | 0.64% | 882 | SH |
| 22 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.0M | 0.63% | 5,527 | SH |
| 23 | ADOBE INC | ADBE | 00724F101 | $984.1K | 0.61% | 4,280 | SH |
| 24 | OREILLY AUTOMOTIVE INC | ORLY | 67103H107 | $969.5K | 0.60% | 10,270 | SH |
| 25 | ULTA BEAUTY INC | ULTA | 90384S303 | $961.6K | 0.59% | 1,805 | SH |
| 26 | EOG RES INC | EOG | 26875P101 | $949.4K | 0.58% | 6,951 | SH |
| 27 | LOWES COS INC | LOW | 548661107 | $879.4K | 0.54% | 3,549 | SH |
| 28 | MASTERCARD INCORPORATED | MA | 57636Q104 | $832.4K | 0.51% | 1,653 | SH |
| 29 | COLGATE PALMOLIVE CO | CL | 194162103 | $789.7K | 0.49% | 9,179 | SH |
| 30 | SPDR SERIES TRUST | BIL | 78468R663 | $764.3K | 0.47% | 8,356 | SH |
| 31 | NETAPP INC | NTAP | 64110D104 | $743.5K | 0.46% | 7,772 | SH |
| 32 | KLA CORP | KLAC | 482480100 | $727.2K | 0.45% | 421 | SH |
| 33 | DOMINOS PIZZA INC | DPZ | 25754A201 | $702.4K | 0.43% | 1,882 | SH |
| 34 | LENNOX INTL INC | LII | 526107107 | $643.6K | 0.40% | 1,317 | SH |
| 35 | JOHNSON & JOHNSON | JNJ | 478160104 | $635.5K | 0.39% | 2,634 | SH |
| 36 | BANK NEW YORK MELLON CORP | BK | 064058100 | $591.2K | 0.36% | 4,598 | SH |
| 37 | LULULEMON ATHLETICA INC | LULU | 550021109 | $584.3K | 0.36% | 3,509 | SH |
| 38 | PHILIP MORRIS INTL INC | PM | 718172109 | $578.2K | 0.36% | 3,586 | SH |
| 39 | APOLLO GLOBAL MGMT INC | APO | 03769M106 | $576.8K | 0.36% | 5,391 | SH |
| 40 | SPROTT ASSET MANAGEMENT LP | PHYS | 85207H104 | $573.7K | 0.35% | 15,875 | SH |
| 41 | TESLA INC | TSLA | 88160R101 | $564.7K | 0.35% | 1,634 | SH |
| 42 | INVESCO EXCHANGE TRADED FD T | SPHQ | 46137V241 | $522.5K | 0.32% | 6,599 | SH |
| 43 | ISHARES TR | IUSV | 464287663 | $453.6K | 0.28% | 4,311 | SH |
| 44 | SPDR GOLD TR | GLD | 78463V107 | $442.7K | 0.27% | 1,011 | SH |
| 45 | VANGUARD INDEX FDS | VTI | 922908769 | $426.8K | 0.26% | 1,272 | SH |
| 46 | INVESCO EXCH TRD SLF IDX FD | BSMW | 46139W833 | $406.4K | 0.25% | 16,187 | SH |
| 47 | INVESCO EXCH TRD SLF IDX FD | BSMT | 46138J478 | $387.8K | 0.24% | 16,774 | SH |
| 48 | INVESCO EXCHANGE TRADED FD T | PRFZ | 46137V597 | $384.9K | 0.24% | 8,000 | SH |
| 49 | VANECK ETF TRUST | EMLC | 92189H300 | $373.8K | 0.23% | 14,517 | SH |
| 50 | CAESARS ENTERTAINMENT INC NE | CZR | 12769G100 | $361.9K | 0.22% | 13,686 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-13 | $162.4M | 70 | 0001754960-26-000231 |
| 2025-12-31 | 2026-01-26 | $156.2M | 71 | 0001754960-26-000110 |