Portfolio

Holdings & Allocation

Concentrated, high-conviction positions across Ellice Growth Fund I and II — updated quarterly from fund reporting.

Live Holdings

Ellice Growth Fund I

As of Q4 2025

Closed

BRK.B28.4%

Berkshire HathawayFinancials

JPM14.8%

JPMorgan ChaseFinancials

V10.0%

VisaFinancials

AAPL18.2%

AppleTechnology

MSFT12.3%

MicrosoftTechnology

XOM5.3%

Exxon MobilEnergy

T-BILL2.5%

US Treasury 3MFixed Income

CASH8.5%

Cash & EquivalentsCash

Sector Allocation

53.2%Financials

30.5%Technology

8.5%Cash

5.3%Energy

2.5%Fixed Income

Live Holdings

Ellice Growth Fund II

As of Q4 2025

Active

AAPL32.0%

AppleTechnology

MSFT24.0%

MicrosoftTechnology

NVDA18.0%

NVIDIATechnology

BRK.B14.0%

Berkshire HathawayFinancials

CASH12.0%

Cash & EquivalentsCash

Sector Allocation

74.0%Technology

14.0%Financials

12.0%Cash

Combined View

All Positions — Fund I

BRK.BBerkshire Hathaway

28.4%

JPMJPMorgan Chase

14.8%

VVisa

10.0%

AAPLApple

18.2%

MSFTMicrosoft

12.3%

XOMExxon Mobil

5.3%

T-BILLUS Treasury 3M

2.5%

CASHCash & Equivalents

8.5%

Portfolio data is updated quarterly from fund PCAP reporting. Weightings reflect approximate allocation as of the last reporting period and may not reflect intra-quarter changes. This page is for informational purposes only and does not constitute investment advice.