Cache Advisors, LLC

The portfolio currently consists of 116 holdings, indicating a diversified approach despite a heavy concentration in top-tier assets. The management team executed a high-turnover strategy this quarter, characterized by a "churning" of positions: they initiated 20 new positions, exited 20 positions, and actively adjusted 23 existing holdings. This high level of activity signals a dynamic investment approach that is not afraid to rotate capital rapidly to capture new opportunities or cut exposure to underperforming assets.

Key Holdings

The portfolio is heavily concentrated at the top, with the first two positions—both listed as "EA SERIES TRUST"—accounting for a combined 40.64% of the total portfolio value ($330.86M). While the specific underlying assets of these trusts are not detailed in the filing, their dominance dictates the portfolio's risk profile. Outside of these trusts, the manager exhibits a strong conviction in the "Magnificent Seven" and large-cap technology leaders.