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TRAPHAGEN INVESTMENT ADVISORS LLC

Institutional InvestorSimilar funds →SEC EDGAR: CIK 2023380
Institutional-grade research for retail investors

Sector Allocation

  • Other82.4%$1.2B
  • Financials6.6%$96.4M
  • Technology6.6%$96.2M
  • Consumer Discretionary0.8%$12.0M
  • Healthcare0.8%$11.9M
  • Industrials0.8%$11.8M
  • Consumer Staples0.6%$9.4M
  • Energy0.5%$7.2M
  • Utilities0.5%$6.6M
  • Communication Services0.3%$4.5M

AUM History

13fpro.ai/research/fund/traphagen-investment-advisors-llc-2023380

Conviction and streaks

Stable · top 10 = 66.7%

From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.

Largest positions — Q3 2026

  • ISHARES
    $371.7M
  • AMERICAN
    $120.0M
  • VICTORY
    $108.2M
  • VICTORY
    $81.0M
  • JANUS
    $60.6M
  • FIDELITY
    $52.1M
  • AAPLAAPL
    $49.1M
  • JANUS
    $49.0M
  • FIRST
    $44.5M
  • TORTOISE
    $37.1M
  • FIDELITY
    $28.1M
  • VANGUARD
    $28.1M
  • ISHARES
    $26.4M
  • VANECK
    $24.4M
  • THE
    $24.1M
  • VANGUARD
    $18.2M
  • BITBBITB
    $18.1M
  • VANGUARD
    $17.6M
  • FIDELITY
    $17.2M
  • ISHARES
    $12.8M

Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.

13fpro.ai/research/fund/traphagen-investment-advisors-llc-2023380

TRAPHAGEN INVESTMENT ADVISORS LLC 13F holdings — Q3 2026

$1.5B portfolio (+4.3% QoQ) · 227 holdings · Q3 2026 13F · top 10 are 67% of the stock portfolio

  • 1

    ISHARES TR - CORE S&P500 ETF

    $371.7M

    25.5% of stocks

    +0.6%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 2

    AMERICAN CENTY ETF TR - US EQT ETF

    $120.0M

    8.2% of stocks

    -8%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 3

    VICTORY PORTFOLIOS II - SHS FR CA FL ETF

    $108.2M

    7.4% of stocks

    -3%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 4

    VICTORY PORTFOLIOS II - VICT FR GROW ETF

    $81.0M

    5.5% of stocks

    +6%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 5

    JANUS DETROIT STR TR - HEND SECU IN ETF

    $60.6M

    4.2% of stocks

    +12%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 6

    FIDELITY COVINGTON TRUST - ENHANCED INTL

    $52.1M

    3.6% of stocks

    +25%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • $49.1M

    3.4% of stocks

    -7%This quarter+0.3%Since filed8+ qtrsHeld
  • 8

    JANUS DETROIT STR TR - HENDRSON AAA CL

    $49.0M

    3.4% of stocks

    +10%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 9

    FIRST TR EXCHANGE-TRADED FD - NASDQ CLN EDGE

    $44.5M

    3.0% of stocks

    -7%This quarter—Since filed—Held
    AIQuality—Est. buy—
  • 10

    TORTOISE CAPITAL SERIES TRUS - NORTH AMRCN PIPE

    $37.1M

    2.5% of stocks

    +5%This quarter—Since filed—Held
    AIQuality—Est. buy—

All holdings — TRAPHAGEN INVESTMENT ADVISORS LLC (Q3 2026)

227 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.

Company
— FIDELITY COVINGTON TRUST - MSCI UTILS INDEX$28.1M+23%
— VANGUARD SCOTTSDALE FDS - INTER TERM TREASetf/fund$28.1M+12%
— ISHARES TR - 0-3 MTH TREASURYetf/fund$26.4M+5%
— VANECK ETF TRUST - ALTE ASSE MA ETFetf/fund$24.4M+8%
— THE ALGER ETF TRUST - AI ENABLERS ADOPetf/fund$24.1M+26%
— VANGUARD INDEX FDS - S&P 500 ETF SHSetf/fund$18.2M+1%
BITB$BITBBitwise Bitcoin ETFetf/fund$18.1M+21%
— VANGUARD INDEX FDS - MRNGSTR TTL STKetf/fund$17.6M+1%
— FIDELITY SECS FD - REAL EST INC FD$17.2MNew
— ISHARES TR - 20+ YEAR TR BDetf/fund$12.8M+83%
CME$CMECME GROUP INC.$12.7M+0.0%
— SCHWAB STRATEGIC TR - US DIVIDEND EQ$12.6M+39%
BRK.A$BRK.ABERKSHIRE HATHAWAY INC$10.5M—
NVDA$NVDANVIDIA CORP$9.3M+3%
GS$GSGOLDMAN SACHS GROUP INC$9.1M+0.1%

What changed in Q3 2026

Against the previous quarter's 13F: 16 new, 123 added to, 72 trimmed, 8 sold out. Share-count changes; largest moves by dollar size first.

New positions (16)

  • FIDELITY SECS FD - REAL EST INC FD$17.2M

    first bought this quarter

  • ROST$ROSTROSS STORES, INC.$712K

    first bought this quarter

  • CRH$CRHCRH PUBLIC LTD CO$676K

    first bought this quarter

  • SPCX$SPCXSPACE EXPLORATION TECHNOLOGIES CORP$431K

    first bought this quarter

  • SNDK$SNDKSandisk Corp$313K

    first bought this quarter

  • AEP$AEPAMERICAN ELECTRIC POWER CO INC$284K

    first bought this quarter

+10 more in the Excel export

Added to (123)

  • FIDELITY COVINGTON TRUST - ENHANCED INTL+25%

    now $52.1M

  • JANUS DETROIT STR TR - HEND SECU IN ETF+12%

    now $60.6M

  • ISHARES TR - 20+ YEAR TR BD+83%

    now $12.8M

  • FIDELITY COVINGTON TRUST - MSCI UTILS INDEX+23%

    now $28.1M

  • THE ALGER ETF TRUST - AI ENABLERS ADOP+26%

    now $24.1M

  • JANUS DETROIT STR TR - HENDRSON AAA CL+10%

    now $49.0M

+117 more in the Excel export

Trimmed (72)

  • BPRE$BPREBluerock Private Real Estate Fund-97%

    now $436K · held 4 qtrs

  • AMERICAN CENTY ETF TR - US EQT ETF-8%

    now $120.0M

  • NFLX$NFLXNETFLIX INC-95%

    now $245K · held 8+ qtrs

  • ISHARES TR - 1 3 YR TREAS BD-59%

    now $3.0M

  • AAPL$AAPLApple Inc.-7%

    now $49.1M · held 8+ qtrs

  • FIRST TR EXCHANGE-TRADED FD - NASDQ CLN EDGE-7%

    now $44.5M

+66 more in the Excel export

Sold out (8)

  • UPS$UPSUNITED PARCEL SERVICE INCwas $373K

    held 2 qtrs

  • MKL$MKLMARKEL GROUP INC.was $355K

    held 7+ qtrs

  • ISHARES TR - CORE S&P SCP ETFwas $213K
  • HUT$HUTHut 8 Corp.was $213K

    held 1 qtr

  • ISHARES TR - U.S. REAL ES ETFwas $208K
  • FIRST TR EXCHANGE TRADED FD - RBA INDL ETFwas $206K

+2 more in the Excel export

Firm AUM (Form ADV): $2.3B as of 2025-12-31 · SEC IAPD

Holdings by quarter

Every 13F TRAPHAGEN INVESTMENT ADVISORS LLC has filed, 30 earlier quarters. Pick one to see what it held then.

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Q3 2026 13F filed with the SEC on Oct 14, 2026. Prices are closing prices as of Oct 26, 2026.

Average quality of TRAPHAGEN INVESTMENT ADVISORS's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 15 of the 20 are scored)

Top 10 since filing

+0.7%

Value-weighted move of the 10 largest stock positions

Turnover

4%

Last quarter; 16% over the last 4

Top 10 weight

67%

Share of the stock portfolio in its 10 largest positions

Held 4+ quarters

97%

Share of portfolio value in positions held a year or more

Highest-quality names it owns(among its 100 largest positions)

The 8 highest-scoring companies in this portfolio are a Pro feature.

How these are measured
  • Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
  • Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
  • Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q4 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
  • Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
  • Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.

Portfolio Overview

TRAPHAGEN INVESTMENT ADVISORS LLC disclosed 227 positions worth $1.5B in its Form 13F-HR for Q3 2026. During the quarter the fund opened 16 new positions and exited 8 and a full exit from $UPS. The portfolio is most concentrated in Other (82.4% of disclosed assets). All figures are sourced directly from TRAPHAGEN INVESTMENT ADVISORS LLC’s Form 13F-HR filing with the SEC under CIK 2023380.

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AI-Powered Hedge Fund Analysis: TRAPHAGEN INVESTMENT ADVISORS LLC

13F Pro is an AI hedge fund tracker and stock research platform. For TRAPHAGEN INVESTMENT ADVISORS LLC (SEC CIK: 2023380), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.

Every holding in TRAPHAGEN INVESTMENT ADVISORS LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.