Invariant Investment Management — 13F Holdings

2026 Q2  ·  72 Positions

2026 Q2 Portfolio Activity

In 2026 Q2, Invariant Investment Management maintained a portfolio of 72 distinct positions. The most significant new addition was ISHARES TR, now representing 2.98% of the total fund value. They heavily accumulated shares in ISHARES TR, increasing the position by 24.9%. The fund also reduced its exposure to AMERICAN CENTY ETF TR by 49.8%.
Position History hover any row below to update
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Invariant Investment Management AUM $171M
Fund Overview SEC EDGAR
PCA Score Concentration Risk
Risk ENB
To Excel To CSV
Total Positions
72
Quarter
2026 Q2
Top Holding
RSP (15.5%)
Top 10 Concentration
74.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 72
Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
RSP
INVESCO EXCHANG...
Unknown 15.53% 14.41% #1
Prev: #1
6.5
—
5,023 4.2%
P
S
123,219 $26,491,998 2025 Q4 13F Filing 2026-06-30 2026-07-08
IEF
ISHARES TR
ETF 15.37% 13.09% #2
Prev: #2
8.0
—
55,562 24.9%
P
S
278,454 $26,224,782 2025 Q4 13F Filing 2026-06-30 2026-07-08
AVUV
AMERICAN CENTY ...
ETF 10.90% 11.19% #3
Prev: #3
5.5
—
-7,368 -4.7%
P
S
150,096 $18,584,864 2025 Q4 13F Filing 2026-06-30 2026-07-08
AVDV
AMERICAN CENTY ...
Bond/Debt 9.36% 10.84% #4
Prev: #4
4.7
—
-16,790 -10.0%
P
S
150,938 $15,964,730 2025 Q4 13F Filing 2026-06-30 2026-07-08
SHY
ISHARES TR
ETF 5.14% 5.40% #5 1
Prev: #6
3.1
—
572 0.5%
P
S
106,994 $8,771,402 2025 Q4 13F Filing 2026-06-30 2026-07-08
VOO
VANGUARD INDEX ...
ETF 4.75% 3.56% #6 2
Prev: #8
4.4
—
2,479 26.8%
P
S
11,734 $8,103,939 2025 Q4 13F Filing 2026-06-30 2026-07-08
AVEM
AMERICAN CENTY ...
Bond/Debt 4.16% 7.82% #7 2
Prev: #5
1.7
—
-73,866 -49.8%
P
S
74,538 $7,104,258 2025 Q4 13F Filing 2026-06-30 2026-07-08
SGOV
ISHARES TR
ETF 3.52% 4.30% #8 1
Prev: #7
1.9
—
-9,750 -14.0%
P
S
59,727 $5,998,980 2025 Q4 13F Filing 2026-06-30 2026-07-08
USMV
ISHARES TR
ETF 2.98% — #9
Prev: #—
4.7
—
51,863 —
NEW
 51,863 $5,076,872 2026 Q2 13F Filing 2026-06-30 2026-07-08
JPST
J P MORGAN EXCH...
ETF 2.29% 2.53% #10 1
Prev: #9
1.4
—
-3,635 -4.5%
P
S
77,592 $3,914,504 2025 Q4 13F Filing 2026-06-30 2026-07-08
AVUS
AMERICAN CENTY ...
ETF 1.77% 1.64% #11
Prev: #11
1.2
—
613 2.7%
P
S
23,562 $3,014,253 2025 Q4 13F Filing 2026-06-30 2026-07-08
JMST
J P MORGAN EXCH...
ETF 1.70% 1.80% #12 2
Prev: #10
1.2
—
-637 -1.1%
P
S
56,902 $2,898,003 2025 Q4 13F Filing 2026-06-30 2026-07-08
BSMS
INVESCO EXCH TR...
ETF 1.56% 1.63% #13 1
Prev: #12
1.1
—
767 0.7%
P
S
113,415 $2,664,679 2025 Q4 13F Filing 2026-06-30 2026-07-08
MBB
ISHARES TR
ETF 1.10% 1.13% #14 1
Prev: #13
0.9
—
699 3.6%
P
S
19,976 $1,883,328 2025 Q4 13F Filing 2026-06-30 2026-07-08
AAPL
APPLE INC
Technology 0.82% 0.75% #15
Prev: #15
0.8
—
-213 -4.5%
P
S
4,494 $1,404,947 2025 Q4 13F Filing 2026-06-30 2026-07-08
MO
ALTRIA GROUP IN...
Consumer Defensive 0.80% 0.80% #16 2
Prev: #14
0.8
—
-303 -1.6%
P
S
18,974 $1,363,823 2025 Q4 13F Filing 2026-06-30 2026-07-08
V
VISA INC
Financial Services 0.77% 0.68% #17 1
Prev: #18
0.8
—
71 2.0%
P
S
3,669 $1,310,908 2025 Q4 13F Filing 2026-06-30 2026-07-08
CAH
CARDINAL HEALTH...
Healthcare 0.76% 0.75% #18 2
Prev: #16
0.8
—
-180 -3.2%
P
S
5,446 $1,293,624 2025 Q4 13F Filing 2026-06-30 2026-07-08
AGG
ISHARES TR
ETF 0.67% 0.65% #19 1
Prev: #20
2.3
—
921 8.6%
P
S
11,601 $1,144,539 2025 Q4 13F Filing 2026-06-30 2026-07-08
GWW
WW GRAINGER INC
Industrials 0.67% 0.64% #20 1
Prev: #21
0.8
—
-48 -5.4%
P
S
834 $1,142,220 2025 Q4 13F Filing 2026-06-30 2026-07-08
MA
MASTERCARD INCO...
Financial Services 0.64% 0.51% #21 7
Prev: #28
2.8
—
380 23.0%
P
S
2,033 $1,083,625 2025 Q4 13F Filing 2026-06-30 2026-07-08
NVDA
NVIDIA CORPORAT...
Technology 0.63% 0.63% #22
Prev: #22
0.8
—
8 0.1%
P
S
5,535 $1,082,283 2025 Q4 13F Filing 2026-06-30 2026-07-08
ADBE
ADOBE INC
Technology 0.63% 0.61% #23
Prev: #23
2.3
—
654 15.3%
P
S
4,934 $1,075,957 2025 Q4 13F Filing 2026-06-30 2026-07-08
MCK
MCKESSON CORP
Healthcare 0.62% 0.74% #24 7
Prev: #17
0.7
—
-24 -1.8%
P
S
1,345 $1,054,457 2025 Q4 13F Filing 2026-06-30 2026-07-08
CL
COLGATE PALMOLI...
Consumer Defensive 0.60% 0.49% #25 4
Prev: #29
2.2
—
1,795 19.6%
P
S
10,974 $1,024,890 2025 Q4 13F Filing 2026-06-30 2026-07-08
EQT
EQT CORP
Energy 0.56% 0.68% #26 7
Prev: #19
0.7
—
-58 -0.3%
P
S
18,434 $953,233 2025 Q4 13F Filing 2026-06-30 2026-07-08
DPZ
DOMINOS PIZZA I...
Consumer Cyclical 0.54% 0.43% #27 6
Prev: #33
3.2
—
1,126 59.8%
P
S
3,008 $920,298 2025 Q4 13F Filing 2026-06-30 2026-07-08
EOG
EOG RES INC
Energy 0.52% 0.58% #28 2
Prev: #26
0.7
—
-119 -1.7%
P
S
6,832 $884,018 2025 Q4 13F Filing 2026-06-30 2026-07-08
ORLY
OREILLY AUTOMOT...
Consumer Cyclical 0.50% 0.60% #29 5
Prev: #24
0.7
—
-54 -0.5%
P
S
10,216 $860,617 2025 Q4 13F Filing 2026-06-30 2026-07-08
BIL
SPDR SERIES TRU...
ETF 0.50% 0.47% #30
Prev: #30
2.2
—
1,019 12.2%
P
S
9,375 $857,199 2025 Q4 13F Filing 2026-06-30 2026-07-08
NTAP
NETAPP INC
Technology 0.49% 0.46% #31
Prev: #31
0.2
—
-2,617 -33.7%
P
S
5,155 $843,137 2025 Q4 13F Filing 2026-06-30 2026-07-08
ULTA
ULTA BEAUTY INC
Consumer Cyclical 0.47% 0.59% #32 7
Prev: #25
0.7
—
-15 -0.8%
P
S
1,790 $809,844 2025 Q4 13F Filing 2026-06-30 2026-07-08
LULU
LULULEMON ATHLE...
Consumer Cyclical 0.44% 0.36% #33 4
Prev: #37
3.2
—
2,923 83.3%
P
S
6,432 $743,796 2025 Q4 13F Filing 2026-06-30 2026-07-08
APO
APOLLO GLOBAL M...
Financial Services 0.43% 0.36% #34 5
Prev: #39
2.2
—
581 10.8%
P
S
5,972 $729,554 2025 Q4 13F Filing 2026-06-30 2026-07-08
JNJ
JOHNSON & JOHNS...
Healthcare 0.41% 0.39% #35
Prev: #35
0.7
—
46 1.7%
P
S
2,680 $694,994 2025 Q4 13F Filing 2026-06-30 2026-07-08
LOW
LOWES COS INC
Consumer Cyclical 0.41% 0.54% #36 9
Prev: #27
0.7
—
-447 -12.6%
P
S
3,102 $694,121 2025 Q4 13F Filing 2026-06-30 2026-07-08
BK
BANK OF NY MELL...
Financial Services 0.41% 0.36% #37 1
Prev: #36
0.7
—
18 0.4%
P
S
4,616 $692,233 2025 Q4 13F Filing 2026-06-30 2026-07-08
TSLA
TESLA INC
Consumer Cyclical 0.40% 0.35% #38 3
Prev: #41
1.2
—
no change no change
P
S
1,634 $685,904 2025 Q4 13F Filing 2026-06-30 2026-07-08
LII
LENNOX INTL INC
Industrials 0.39% 0.40% #39 5
Prev: #34
0.7
—
-133 -10.1%
P
S
1,184 $672,553 2025 Q4 13F Filing 2026-06-30 2026-07-08
SPHQ
INVESCO EXCHANG...
ETF 0.34% 0.32% #40 2
Prev: #42
0.6
—
1 0.0%
P
S
6,600 $584,189 2025 Q4 13F Filing 2026-06-30 2026-07-08
IUSV
ISHARES TR
ETF 0.33% 0.28% #41 2
Prev: #43
2.1
—
721 16.7%
P
S
5,032 $563,063 2025 Q4 13F Filing 2026-06-30 2026-07-08
PHYS
SPROTT ASSET MA...
Unknown 0.29% 0.35% #42 2
Prev: #40
1.1
—
no change no change
P
S
15,875 $498,634 2025 Q4 13F Filing 2026-06-30 2026-07-08
VTI
VANGUARD INDEX ...
ETF 0.28% 0.26% #43 2
Prev: #45
0.6
—
4 0.3%
P
S
1,276 $474,191 2025 Q4 13F Filing 2026-06-30 2026-07-08
PRFZ
INVESCO EXCHANG...
ETF 0.26% 0.24% #44 4
Prev: #48
1.1
—
no change no change
P
S
8,000 $441,521 2025 Q4 13F Filing 2026-06-30 2026-07-08
PM
PHILIP MORRIS I...
Consumer Defensive 0.25% 0.36% #45 7
Prev: #38
0.1
—
-1,258 -35.1%
P
S
2,328 $430,048 2025 Q4 13F Filing 2026-06-30 2026-07-08
CZR
CAESARS ENTERTA...
Consumer Cyclical 0.24% 0.22% #46 4
Prev: #50
1.1
—
no change no change
P
S
13,686 $412,496 2026 Q1 13F Filing 2026-06-30 2026-07-08
BSMW
INVESCO EXCH TR...
Unknown 0.24% 0.25% #47 1
Prev: #46
0.6
—
129 0.8%
P
S
16,316 $410,518 2025 Q4 13F Filing 2026-06-30 2026-07-08
BSMT
INVESCO EXCH TR...
ETF 0.23% 0.24% #48 1
Prev: #47
0.6
—
95 0.6%
P
S
16,869 $388,568 2025 Q4 13F Filing 2026-06-30 2026-07-08
GLD
SPDR GOLD TR
ETF 0.23% 0.27% #49 5
Prev: #44
1.1
—
no change no change
P
S
1,011 $386,333 2025 Q4 13F Filing 2026-06-30 2026-07-08
MSFT
MICROSOFT CORP
Technology 0.22% 0.20% #50 4
Prev: #54
2.1
—
102 11.6%
P
S
979 $378,588 2025 Q4 13F Filing 2026-06-30 2026-07-08
Showing 1-50 of 72 holdings

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