Mirador Capital Partners LP

Key Holdings and Their Significance

• Largest single position: BSJQ (Invesco ETF) at $77.72M (10.65% of the portfolio). Combined with a second Invesco ETF position ($47.97M, 6.58%), ETFs are an important component of the portfolio’s liquidity/market exposure sleeve.
• Mega‑cap technology and communication services are prominent: Alphabet (GOOG $37.79M + GOOGL $17.10M = $54.89M, ~7.5% combined), Apple $30.48M (4.18%), Microsoft $16.53M (2.27%), Meta $16.52M (2.26%), Amazon $25.44M (3.49%). The aggregate stake in major U.S. technology/communication leaders is material — the listed FAANG/Big Tech names sum to about $160.1M (≈22.0% of the portfolio).
• Financials are the largest sector by reported dollar amount ($109.63M, 15.0%), and are represented by diversified exposure: Berkshire Hathaway B $24.93M (3.42%), Blackstone $16.81M (2.30%), JPMorgan $18.56M (2.54%), BlackRock $6.13M, KKR $12.46M, Goldman Sachs $5.37M, among others. This indicates a multi‑strategy exposure within financials (banks, asset managers, alternative managers, credit).
• Notable mid‑sized positions across sectors include Chevron $16.61M (Energy), AbbVie $14.86M (Healthcare), Cytokinetics $12.62M (biotech exposure), and several industrial/defensive names such as UnitedHealth $8.24M and Thermo Fisher $6.81M.
• Smaller — but non‑trivial — high‑volatility / early‑stage biotech and materials positions are present (e.g., CLDX $4.64M, RNA $4.53M, TMC $3.17M), which introduce idiosyncratic risk relative to the concentrated large-cap sleeve.

Sector Allocation and Notable Tilts

Using the sector values provided:

• Financial Services: $109.63M (15.0% of portfolio)
• Technology: $106.43M (14.6%)
• ETFs: $92.83M (12.7%)
• Communication Services: $77.39M (10.6%)
• Healthcare: $64.16M (8.8%)
• “Unknown”: $61.28M (8.4%)
• Consumer Cyclical: $25.44M (3.5%)
• Energy: $23.13M (3.2%)