BITTERROOT CAPITAL ADVISORS LLC — 13F Holdings & Portfolio
CIK 2110106 · latest 13F-HR filed 2026-05-12
BITTERROOT CAPITAL ADVISORS LLC manages $164.7M in 13F-reported U.S. long-equity assets across 60 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SGOV (33.41%), QUAL (16.25%), IQLT (10.61%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 10 new positions, exited 1, added to 9, and trimmed 14.
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.
$164.7M
Long-equity book
60
Distinct positions
2026-03-31
Filed 2026-05-12
+10 / −1 / ↑9 / ↓14
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ISHARES TR$19.5M +54.9%
- PLAINS GP HLDGS L P$227.7K +29.3%
- ENTERPRISE PRODS PARTNERS L$146.5K +19.8%
- MPLX LP$44.6K +8.9%
- WESTERN MIDSTREAM PARTNERS L$32.4K +6.4%
Top Trims
- ISHARES TR-$1.5M -9.8%
- TESLA INC-$588.1K -16.6%
- INVESCO EXCH TRD SLF IDX FD-$164.1K -87.1%
- SABLE OFFSHORE CORP-$119.5K -82.8%
- ISHARES BITCOIN TRUST ETF-$106.6K -22.6%
New Positions
- MSCI INC$2.0M
- UNITEDHEALTH GROUP INC$37.9K
- MICROSOFT CORP$37.0K
- BROOKFIELD CORP$24.3K
- PAYPAL HLDGS INC$20.4K
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 | ISHARES TR | SGOV | 46436E718 | $55.0M | 33.41% | 546,680 | SH |
| 2 | ISHARES TR | QUAL | 46432F339 | $26.8M | 16.25% | 139,516 | SH |
| 3 | ISHARES TR | IQLT | 46434V456 | $17.5M | 10.61% | 378,163 | SH |
| 4 | ISHARES TR | IWD | 464287598 | $15.5M | 9.40% | 72,440 | SH |
| 5 | ISHARES TR | IWF | 464287614 | $13.7M | 8.33% | 32,173 | SH |
| 6 | ISHARES TR | IEFA | 46432F842 | $8.8M | 5.35% | 97,292 | SH |
| 7 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $5.8M | 3.51% | 8,900 | SH |
| 8 | TESLA INC | TSLA | 88160R101 | $3.0M | 1.80% | 7,975 | SH |
| 9 | VANGUARD SPECIALIZED FUNDS | VIG | 921908844 | $2.1M | 1.30% | 9,925 | SH |
| 10 | MSCI INC | MSCI | 55354G100 | $2.0M | 1.20% | 3,681 | SH |
| 11 | STATE STR SPDR S&P MIDCAP 40 | MDY | 78467Y107 | $1.8M | 1.10% | 2,929 | SH |
| 12 | ISHARES TR | EFA | 464287465 | $1.6M | 1.00% | 16,882 | SH |
| 13 | ISHARES TR | IVV | 464287200 | $1.1M | 0.64% | 1,608 | SH |
| 14 | STATE STR SPDR DOW JONES IND | DIA | 78467X109 | $1.0M | 0.62% | 2,219 | SH |
| 15 | PLAINS GP HLDGS L P | PAGP | 72651A207 | $1.0M | 0.61% | 41,354 | SH |
| 16 | ISHARES TR | EEM | 464287234 | $907.4K | 0.55% | 15,977 | SH |
| 17 | ENTERPRISE PRODS PARTNERS L | EPD | 293792107 | $886.1K | 0.54% | 23,416 | SH |
| 18 | ISHARES TR | ACWI | 464288257 | $761.2K | 0.46% | 5,501 | SH |
| 19 | MPLX LP | MPLX | 55336V100 | $543.2K | 0.33% | 9,518 | SH |
| 20 | WESTERN MIDSTREAM PARTNERS L | WES | 958669103 | $536.8K | 0.33% | 13,038 | SH |
| 21 | NVIDIA CORPORATION | NVDA | 67066G104 | $496.9K | 0.30% | 2,849 | SH |
| 22 | SSGA ACTIVE ETF TR | TOTL | 78467V848 | $402.1K | 0.24% | 10,120 | SH |
| 23 | SPDR GOLD TR | GLD | 78463V107 | $379.9K | 0.23% | 883 | SH |
| 24 | INVESCO EXCH TRD SLF IDX FD | BSCT | 46138J577 | $376.8K | 0.23% | 20,194 | SH |
| 25 | ISHARES BITCOIN TRUST ETF | IBIT | 46438F101 | $364.8K | 0.22% | 9,496 | SH |
| 26 | FIDELITY WISE ORIGIN BITCOIN | FBTC | 315948109 | $364.2K | 0.22% | 6,170 | SH |
| 27 | INVESCO EXCH TRD SLF IDX FD | BSCU | 46138J460 | $275.2K | 0.17% | 16,460 | SH |
| 28 | SCHWAB STRATEGIC TR | SCHO | 808524862 | $191.4K | 0.12% | 7,886 | SH |
| 29 | ISHARES INC | IEMG | 46434G103 | $183.3K | 0.11% | 2,628 | SH |
| 30 | ISHARES TR | SHV | 464288679 | $101.8K | 0.06% | 922 | SH |
| 31 | AB ACTIVE ETFS INC | HYFI | 00039J608 | $101.8K | 0.06% | 2,736 | SH |
| 32 | VANGUARD MUN BD FDS | VTEB | 922907746 | $101.5K | 0.06% | 2,035 | SH |
| 33 | HONEYWELL INTL INC | HON | 438516106 | $100.1K | 0.06% | 443 | SH |
| 34 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $99.7K | 0.06% | 1,845 | SH |
| 35 | VANGUARD INDEX FDS | VOO | 922908363 | $96.2K | 0.06% | 161 | SH |
| 36 | INVESCO EXCH TRD SLF IDX FD | PDBC | 46138J395 | $85.6K | 0.05% | 4,071 | SH |
| 37 | ISHARES INC | EWC | 464286509 | $82.0K | 0.05% | 1,497 | SH |
| 38 | ISHARES TR | HYG | 464288513 | $80.6K | 0.05% | 1,013 | SH |
| 39 | AMAZON COM INC | AMZN | 023135106 | $79.1K | 0.05% | 380 | SH |
| 40 | COMMERCE BANCSHARES INC | CBSH | 200525103 | $65.8K | 0.04% | 1,338 | SH |
| 41 | DBX ETF TR | DBEF | 233051200 | $55.4K | 0.03% | 1,122 | SH |
| 42 | ISHARES TR | SCZ | 464288273 | $50.7K | 0.03% | 646 | SH |
| 43 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $37.9K | 0.02% | 140 | SH |
| 44 | MICROSOFT CORP | MSFT | 594918104 | $37.0K | 0.02% | 100 | SH |
| 45 | SABLE OFFSHORE CORP | SOC | 78574H104 | $24.8K | 0.02% | 1,500 | SH |
| 46 | INVESCO EXCH TRD SLF IDX FD | BSJU | 46139W841 | $24.4K | 0.01% | 954 | SH |
| 47 | BROOKFIELD CORP | BN | 11271J107 | $24.3K | 0.01% | 600 | SH |
| 48 | MICRON TECHNOLOGY INC | MU | 595112103 | $22.0K | 0.01% | 65 | SH |
| 49 | PAYPAL HLDGS INC | PYPL | 70450Y103 | $20.4K | 0.01% | 450 | SH |
| 50 | S&P GLOBAL INC | SPGI | 78409V104 | $14.9K | 0.01% | 35 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-12 | $164.7M | 60 | 0002110106-26-000002 |
| 2025-12-31 | 2026-02-17 | $146.0M | 51 | 0002110106-26-000001 |