Cladis Investment Advisory, LLC — 13F Holdings & Portfolio
CIK 1911520 · latest 13F-HR filed 2026-08-13
Cladis Investment Advisory, LLC manages $214.0M in 13F-reported U.S. long-equity assets across 173 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (7.16%), NVDA (4.42%), GEV (2.65%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 19 new positions, exited 5, added to 94, and trimmed 29.
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.
SUITE 1
BILLINGS, MT 59102
$214.0M
Long-equity book
173
Distinct positions
2026-06-30
Filed 2026-08-13
+19 / −5 / ↑94 / ↓29
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ADVANCED MICRO DEVICES INC$2.5M +150.0%
- APPLE INC$1.7M +12.7%
- GE VERNOVA INC$1.5M +34.7%
- TAIWAN SEMICONDUCTOR MFG LTD$1.4M +41.3%
- INTEL CORP$1.4M +130.5%
Top Trims
- ALPHABET INC-$802.5K -70.7%
- AT & T INC-$734.1K -29.1%
- EXXON MOBIL CORP-$714.9K -19.8%
- MDU RES GROUP INC-$468.6K -37.6%
- VERIZON COMMUNICATIONS INC-$448.4K -17.5%
New Positions
- IREN LIMITED$434.4K
- HONEYWELL INTL INC$356.9K
- HONEYWELL AEROSPACE INC$352.4K
- ISHARES TR$311.8K
- J P MORGAN EXCHANGE TRADED F$280.1K
Exited Positions
- HONEYWELL INTL INC$720.6K
- PAN AMERN SILVER CORP$273.1K
- PALANTIR TECHNOLOGIES INC$234.0K
- COMCAST CORP NEW$216.6K
- HECLA MINING COMPANY$186.3K
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 | APPLE INC | AAPL | 037833100 | $15.3M | 7.16% | 52,922 | SH |
| 2 | NVIDIA CORP | NVDA | 67066G104 | $9.4M | 4.42% | 47,218 | SH |
| 3 | GE VERNOVA INC | GEV | 36828A101 | $5.7M | 2.65% | 4,825 | SH |
| 4 | GE AEROSPACE | GE | 369604301 | $5.6M | 2.61% | 14,927 | SH |
| 5 | AMAZON COM INC | AMZN | 023135106 | $5.1M | 2.38% | 21,335 | SH |
| 6 | LILLY ELI & CO | LLY | 532457108 | $5.0M | 2.32% | 4,143 | SH |
| 7 | TAIWAN SEMICONDUCTOR MFG LTD | TSM | 874039100 | $4.9M | 2.30% | 10,300 | SH |
| 8 | MICROSOFT CORP | MSFT | 594918104 | $4.4M | 2.08% | 11,911 | SH |
| 9 | INVESCO QQQ TR | QQQ | 46090E103 | $4.4M | 2.06% | 5,980 | SH |
| 10 | CATERPILLAR INC | CAT | 149123101 | $4.2M | 1.96% | 3,938 | SH |
| 11 | SELECT SECTOR SPDR TR | XLK | 81369Y803 | $4.1M | 1.92% | 21,616 | SH |
| 12 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $4.1M | 1.92% | 7,055 | SH |
| 13 | FIRST INTST BANCSYSTEM INC | FIBK | 32055Y201 | $3.2M | 1.51% | 83,865 | SH |
| 14 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $3.1M | 1.46% | 11,121 | SH |
| 15 | COSTCO WHSL CORP NEW | COST | 22160K105 | $3.0M | 1.40% | 3,198 | SH |
| 16 | EXXON MOBIL CORP | XOM | 30231G102 | $2.9M | 1.35% | 21,199 | SH |
| 17 | ORACLE CORP | ORCL | 68389X105 | $2.6M | 1.23% | 17,897 | SH |
| 18 | VERTIV HOLDINGS CO | VRT | 92537N108 | $2.6M | 1.19% | 7,635 | SH |
| 19 | INTEL CORP | INTC | 458140100 | $2.5M | 1.16% | 17,705 | SH |
| 20 | JPMORGAN CHASE & CO | JPM | 46625H100 | $2.4M | 1.10% | 7,203 | SH |
| 21 | DELL TECHNOLOGIES INC | DELL | 24703L202 | $2.2M | 1.04% | 5,145 | SH |
| 22 | NEXTERA ENERGY INC | NEE | 65339F101 | $2.2M | 1.00% | 24,500 | SH |
| 23 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $2.1M | 0.99% | 50,042 | SH |
| 24 | SELECT SECTOR SPDR TR | XLE | 81369Y506 | $2.1M | 0.99% | 39,795 | SH |
| 25 | ALPHABET INC | GOOG | 02079K107 | $2.1M | 0.98% | 5,961 | SH |
| 26 | QXO INCO | QXO | 82846H405 | $2.1M | 0.98% | 120,965 | SH |
| 27 | EVERUS CONSTR GROUP | ECG | 300426103 | $2.1M | 0.97% | 12,543 | SH |
| 28 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $2.0M | 0.95% | 28,286 | SH |
| 29 | SNOWFLAKE INC | SNOW | 833445109 | $2.0M | 0.95% | 7,967 | SH |
| 30 | UNITED PARCEL SERVICE INC | UPS | 911312106 | $2.0M | 0.92% | 18,271 | SH |
| 31 | SELECT SECTOR SPDR TR | XLF | 81369Y605 | $1.9M | 0.90% | 35,877 | SH |
| 32 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $1.9M | 0.89% | 4,599 | SH |
| 33 | MERCK & CO INC | MRK | 58933Y105 | $1.8M | 0.85% | 14,225 | SH |
| 34 | AT & T INC | T | 00206R102 | $1.8M | 0.84% | 86,465 | SH |
| 35 | KNIFE RIVER CORP | KNF | 498894104 | $1.8M | 0.83% | 21,267 | SH |
| 36 | MICRON TECHNOLOGY INC | MU | 595112103 | $1.8M | 0.82% | 1,524 | SH |
| 37 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $1.7M | 0.81% | 2,314 | SH |
| 38 | FTAI AVIATION LTD | FTAI | G3730V105 | $1.6M | 0.76% | 6,000 | SH |
| 39 | SELECT SECTOR SPDR TR | XLU | 81369Y886 | $1.6M | 0.76% | 35,754 | SH |
| 40 | FORD MOTOR CO DEL | F | 345370860 | $1.6M | 0.74% | 114,315 | SH |
| 41 | NIKE INC | NKE | 654106103 | $1.6M | 0.74% | 38,637 | SH |
| 42 | META PLATFORMS INC | META | 30303M102 | $1.6M | 0.74% | 2,815 | SH |
| 43 | DISNEY WALT CO | DIS | 254687106 | $1.6M | 0.73% | 16,139 | SH |
| 44 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $1.6M | 0.72% | 3,098 | SH |
| 45 | VANGUARD WORLD FDS | VFH | 92204A405 | $1.5M | 0.72% | 11,755 | SH |
| 46 | CROWDSTRIKE HLDGS INC | CRWD | 22788C105 | $1.5M | 0.71% | 1,993 | SH |
| 47 | PFIZER INC | PFE | 717081103 | $1.5M | 0.69% | 61,551 | SH |
| 48 | GLACIER BANCORP INC NEW | GBCI | 37637Q105 | $1.5M | 0.68% | 28,298 | SH |
| 49 | ISHARES TR | ARTY | 46435U556 | $1.4M | 0.66% | 18,535 | SH |
| 50 | NETFLIX INC | NFLX | 64110L106 | $1.4M | 0.65% | 19,585 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | $214.0M | 173 | 0001911520-26-000003 |
| 2026-03-31 | 2026-05-15 | $181.7M | 159 | 0001911520-26-000002 |
| 2025-12-31 | 2026-02-13 | $182.7M | 154 | 0001911520-26-000001 |
| 2025-09-30 | 2025-11-13 | $174.7M | 145 | 0001911520-25-000006 |