Savior LLC

Key Holdings and Their Significance

• BIL (SPDR Series Trust): $5.71M (20.62%). Largest single holding. BIL is a cash-like, short-term Treasury/bill ETF and serves as the portfolio’s primary liquidity/cash-equivalent allocation. Its size implies a deliberate defensive posture or ready liquidity for tactical deployment.
• IEF and TLT (iShares): IEF $2.01M (7.25%) and TLT $1.92M (6.93%). Both are new positions this quarter. Combined with BIL, these three Treasury/short-duration instruments total $9.64M or 34.8% of the portfolio—a pronounced allocation to government debt spanning cash/short-term to intermediate/long duration.
• GLD and INVESCO DB Multi-Sector Commodities: GLD $2.16M (7.80%), DB Multi-Sector Commodities $1.93M (6.97%). Commodities exposure (including SIL at $988K) totals roughly $4.88M or ~17.6% of assets. This is a meaningful allocation to real assets / inflation-sensitive instruments.
• Sector / Equity ETFs and Leveraged ETFs: XLU $2.20M (7.95%) and EFA $1.64M (5.93%), IWM $1.22M (4.42%), FXI $1.10M (3.97%). Two ProShares line items total $3.19M (11.5%)—these are material, likely higher-volatility or leveraged exposures (filing names are generic; details should be verified). International equity exposure (EFA, FXI, EEM, INDA) aggregates to ~3.76M (13.6%).
• Single-name equities are small: PG $445K (1.61%), ES $414K (1.50%), HUT $325K (1.17%), TSLA $270K (0.97%). Combined single-stock exposure is modest at ~$1.45M (5.2%).

Sector Allocation and Notable Tilts

• ETF-dominated: 72.9% of assets are in ETFs, indicating a model/ETF-driven implementation rather than concentrated single-stock bets.
• Defensive / Liquidity Tilt: Treasuries and cash-equivalents (BIL + IEF + TLT) represent ~34.8% of the portfolio—a strong defensive tilt on both liquidity and duration axes.
• Real assets / Commodities Tilt: Commodities and precious metals (GLD, DB Multi-Sector Commodities, SIL, and the Global X fund) represent ~17.6% — a meaningful allocation relative to typical balanced funds.
• Sector-specific overweight: Utilities (XLU) at 7.95% is a single-sector overweight among equities; with Eversource (ES) also held, utilities exposure is emphasized for defensive/ income characteristics.
• Equities are diversified across US small caps (IWM), developed ex-US (EFA), EM / China (EEM, FXI, INDA), and specialty ETFs — but equity exposure outside ETFs is limited (single-names ~5.2%).