SIMON QUICK ADVISORS, LLC

Simon Quick Advisors' $2.29B 13F is a textbook sleeve-architecture equity fund: Vanguard and iShares large-cap core/growth/value ETFs (SPY 9.4%, VUG 6.8%, VTV 5.2%, IWF 5.2%, VOO 4.1%, IVV 4.0%, SPYV 3.8%) collectively anchor 41% of the book at roughly equal weight, a CLO-focused income sleeve (JAAA 2.9%) adds structured credit, and Apple and Amazon are the only single-name concentrations that clear 1%.

The Q4 rotation was at the construction layer, not at the stock-picking layer. The manager added $33M to SPY (+15.3% in shares), $20M to VUG, $11M to VEA (developed markets) and $9M each to IVV and VTV — all broad-market/core ETFs. On the other side, JAAA was cut by $21M (-24%), IWD (large-cap value) by $10M (-27%), VMBS (mortgage) by $8M, and the XLE energy ETF was exited entirely and replaced by an $8.4M Exxon single-name position. The whaleScore of 55 for a $2.3B book reflects AUM scale: the portfolio here is being constructed, not argued.