Enlightenment Research, LLC

CIK

1676924

Location

NEW YORK, NY

Portfolio Value

Micro $44,445,450

Diversification

Diversified

Filing Date

Global Rank

#6,494 / 6,827 ▲ 50 · as of Sep 2022

Top Industry

Software - Infrastructure 12.0%

Period ended 4 years ago

Filed Nov 15, 2022 · 3y

11 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2022, never from the firm's own description.

Style

Diversified active

Top 10 weight 34.3%, 47.8 effective positions, active share 69.4% against the S&P 500 as of 2022-09-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

High turnover

295.8% over the last four quarters (100%+)

Horizon

Short horizon

Value-weighted holding period 1.3 quarters (under 4)

Closest benchmark: the S&P 500 as of 2022-09-30, active share 69.4%; sector active share 36.0% against the combined 13F book's sector weights.

Over time 11 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

90 tracked positions · as of Sep 30, 2022 · Δ vs Jun 30, 2022

Top Position

7.3%

+2.0 pts

Top 5

23.1%

+5.5 pts

Top 10

34.3%

+2.9 pts

HHI

209

Diversified+26

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2022

Sector	% Portfolio	Value	Positions
Technology	28.2%	$12,537,631	19
Communication Services	17.2%	$7,659,278	9
Consumer Cyclical	9.5%	$4,215,034	10
Consumer Defensive	8.8%	$3,921,934	10
Healthcare	7.9%	$3,533,014	7
Financial Services	7.4%	$3,297,635	8
Industrials	6.4%	$2,860,924	7
Utilities	5.9%	$2,634,853	6
Energy	4.8%	$2,127,894	6
Real Estate	1.6%	$732,684	3
Basic Materials	1.4%	$603,715	2
Unclassified	0.7%	$320,854	3

Last Quarter's Activity

Export CSV

Sep 30, 2022 vs Jun 30, 2022

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
DIS	Walt Disney Co	+13,100	17,900	$1,688,507
C	Citigroup Inc	+12,499	22,098	$920,823
GOOG	Alphabet Inc.	+8,554	8,804	$846,504
SOFI	SoFi Technologies, Inc.	+6,400	25,100	$122,488
ORCL	Oracle Corp	+3,100	11,600	$708,412
PGR	Progressive Corp	+2,308	4,200	$488,082
CVX	Chevron Corp	+1,019	3,674	$527,843
AMAT	Applied Materials Inc	+1,000	4,500	$368,685
FIS	Fidelity National Information Services, Inc.	+291	4,389	$331,676
ANET	Arista Networks, Inc.	+100	2,600	$293,514
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
XOM	ExxonMobil Holdings Corp	−6,699	6,900	$602,439
NEM	NEWMONT Corp	−5,100	8,000	$336,240
META	Meta Platforms, Inc.	−4,140	4,200	$569,856
CSX	Csx Corp	−2,309	19,791	$527,232
V	Visa Inc.	−2,200	1,200	$213,180
NUE	Nucor Corp	−666	2,500	$267,475
FISV	Fiserv Inc	−300	2,200	$205,854
AVGO	Broadcom Inc.	−200	1,000	$444,010
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
MSFT	Microsoft Corp	13,900	$3,237,310
QCOM	Qualcomm Inc	18,100	$2,044,938
MU	Micron Technology Inc	33,200	$1,663,320
NFLX	Netflix Inc	4,900	$1,153,656
PFE	Pfizer Inc	24,200	$1,058,992
PG	PROCTER & GAMBLE Co	7,759	$979,573
VZ	Verizon Communications Inc	22,697	$861,805
PYPL	PayPal Holdings, Inc.	9,603	$826,530
MDLZ	Mondelez International, Inc.	15,000	$822,450
GE	General Electric Co	12,700	$786,257
GOOGL	Alphabet Inc.	8,200	$784,330
MRK	Merck & Co., Inc.	8,800	$757,856
CHTR	Charter Communications, Inc.	2,400	$728,040
AEP	American Electric Power Co Inc	8,300	$717,535
PDD	PDD Holdings Inc.	11,200	$700,896
BABA	Alibaba Group Holding Ltd	8,500	$679,915
NEE	Nextera Energy Inc	7,200	$564,552
JD	JD.com, Inc.	10,900	$548,270
CMCSA	Comcast Corp	18,500	$542,605
SBUX	Starbucks Corp	6,400	$539,264
BA	Boeing Co	4,000	$484,320
TTD	Trade Desk, Inc.	8,100	$483,975
SO	Southern Co	7,100	$482,800
HD	Home Depot, Inc.	1,698	$468,546
CAH	Cardinal Health Inc	6,700	$446,756
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
NVDA	Nvidia Corp	15,700	$2,379,963
GIS	General Mills Inc	19,100	$1,441,095
BAC	Bank Of America Corp	45,600	$1,419,528
BRK-B	Berkshire Hathaway Inc	4,900	$1,337,798
TXN	Texas Instruments Inc	8,500	$1,306,025
FDX	Fedex Corp	5,600	$1,269,575
MCD	Mcdonalds Corp	5,100	$1,259,088
—		5,400	$1,205,000
EOG	Eog Resources Inc	9,300	$1,027,092
WMT	Walmart Inc.	7,800	$948,324
HPQ	Hp Inc	28,400	$930,952
COST	Costco Wholesale Corp	1,800	$862,704
SHOP	Shopify Inc.	27,400	$855,976
HON	Honeywell International Inc	4,896	$850,973
TJX	Tjx Companies Inc	15,000	$837,750
—		7,109	$753,000
—		9,500	$612,000
JPM	Jpmorgan Chase & Co	5,400	$608,094
MCK	Mckesson Corp	1,700	$554,557
NXPI	NXP Semiconductors N.V.	3,600	$532,908
EBAY	Ebay Inc	11,400	$475,038
BKR	Baker Hughes Co	16,000	$461,920
MRVL	Marvell Technology, Inc.	10,100	$439,653
LMT	Lockheed Martin Corp	1,000	$429,960
ROST	Ross Stores, Inc.	5,900	$414,357
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

90 tracked positions · $44,445,450 total · filing declares 91 positions · $45,166,000 · as of Sep 30, 2022

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 90 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
MSFT	Microsoft Corp Technology	NEW	13,900	NEW	$3,237,310	NEW	1	$264.05	7.28%
QCOM	Qualcomm Inc Technology	NEW	18,100	NEW	$2,044,938	NEW	1	$137.39	4.60%
DIS	Walt Disney Co Communication Services	Added	17,900	+13,100	$1,688,507	+272.6%	3	$117.09	3.80%
MU	Micron Technology Inc Technology	NEW	33,200	NEW	$1,663,320	NEW	1	$58.00	3.74%
NFLX	Netflix Inc Communication Services	NEW	4,900	NEW	$1,153,656	NEW	1	$222.12	2.60%
PFE	Pfizer Inc Healthcare	NEW	24,200	NEW	$1,058,992	NEW	1	$48.59	2.38%
PG	PROCTER & GAMBLE Co Consumer Defensive	NEW	7,759	NEW	$979,573	NEW	1	$142.05	2.20%
C	Citigroup Inc Financial Services	Added	22,098	+12,499	$920,823	+108.6%	2	$49.67	2.07%
VZ	Verizon Communications Inc Communication Services	NEW	22,697	NEW	$861,805	NEW	1	$44.54	1.94%
GOOG	Alphabet Inc. Communication Services	Added	8,804	+8,554	$846,504	+54.8%	2	unpriced	1.90%
PYPL	PayPal Holdings, Inc. Financial Services	NEW	9,603	NEW	$826,530	NEW	1	$88.67	1.86%
MDLZ	Mondelez International, Inc. Consumer Defensive	NEW	15,000	NEW	$822,450	NEW	1	$62.11	1.85%
GE	General Electric Co Industrials	NEW	12,700	NEW	$786,257	NEW	1	$70.58	1.77%
GOOGL	Alphabet Inc. Communication Services	NEW	8,200	NEW	$784,330	NEW	1	unpriced	1.76%
MRK	Merck & Co., Inc. Healthcare	NEW	8,800	NEW	$757,856	NEW	1	$89.27	1.71%
CHTR	Charter Communications, Inc. Communication Services	NEW	2,400	NEW	$728,040	NEW	1	$427.79	1.64%
AEP	American Electric Power Co Inc Utilities	NEW	8,300	NEW	$717,535	NEW	1	$98.87	1.61%
ORCL	Oracle Corp Technology	Added	11,600	+3,100	$708,412	+19.3%	2	$73.20	1.59%
PDD	PDD Holdings Inc. Consumer Cyclical	NEW	11,200	NEW	$700,896	NEW	1	$58.13	1.58%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	NEW	8,500	NEW	$679,915	NEW	1	$95.27	1.53%
XOM	ExxonMobil Holdings Corp Energy	Reduced	6,900	-6,699	$602,439	−48.3%	2	$90.20	1.36%
META	Meta Platforms, Inc. Communication Services	Reduced	4,200	-4,140	$569,856	−57.6%	2	$192.92	1.28%
NEE	Nextera Energy Inc Utilities	NEW	7,200	NEW	$564,552	NEW	1	$84.84	1.27%
JD	JD.com, Inc. Consumer Cyclical	NEW	10,900	NEW	$548,270	NEW	1	$59.23	1.23%
CMCSA	Comcast Corp Communication Services	NEW	18,500	NEW	$542,605	NEW	1	unpriced	1.22%
SBUX	Starbucks Corp Consumer Cyclical	NEW	6,400	NEW	$539,264	NEW	1	$84.95	1.21%
CVX	Chevron Corp Energy	Added	3,674	+1,019	$527,843	+37.3%	2	$161.75	1.19%
CSX	Csx Corp Industrials	Reduced	19,791	-2,309	$527,232	−17.9%	2	$32.60	1.19%
PGR	Progressive Corp Financial Services	Added	4,200	+2,308	$488,082	+121.9%	2	$117.25	1.10%
BA	Boeing Co Industrials	NEW	4,000	NEW	$484,320	NEW	1	$153.37	1.09%
TTD	Trade Desk, Inc. Communication Services	NEW	8,100	NEW	$483,975	NEW	1	$56.90	1.09%
SO	Southern Co Utilities	NEW	7,100	NEW	$482,800	NEW	1	$75.75	1.09%
HD	Home Depot, Inc. Consumer Cyclical	NEW	1,698	NEW	$468,546	NEW	1	$295.18	1.05%
CAH	Cardinal Health Inc Healthcare	NEW	6,700	NEW	$446,756	NEW	1	$63.39	1.01%
AVGO	Broadcom Inc. Technology	Reduced	1,000	-200	$444,010	−23.8%	2	$561.27	1.00%
INTC	Intel Corp Technology	NEW	17,200	NEW	$443,244	NEW	1	$34.09	1.00%
KR	Kroger Co Consumer Defensive	NEW	9,506	NEW	$415,887	NEW	1	$47.51	0.94%
ACN	Accenture plc Technology	NEW	1,600	NEW	$411,680	NEW	1	$288.99	0.93%
DUK	Duke Energy CORP Utilities	NEW	4,200	NEW	$390,684	NEW	1	$107.40	0.88%
KMB	Kimberly Clark Corp Consumer Defensive	NEW	3,400	NEW	$382,636	NEW	1	$130.04	0.86%
MDB	MongoDB, Inc. Technology	NEW	1,900	NEW	$377,264	NEW	1	$291.83	0.85%
PANW	Palo Alto Networks Inc Technology	NEW	2,300	NEW	$376,717	NEW	1	unpriced	0.85%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	NEW	250	NEW	$375,690	NEW	1	$1,549.91	0.85%
AMAT	Applied Materials Inc Technology	Added	4,500	+1,000	$368,685	+15.8%	3	$124.77	0.83%
CNC	Centene Corp Healthcare	NEW	4,500	NEW	$350,145	NEW	1	$89.37	0.79%
SYY	Sysco Corp Consumer Defensive	NEW	4,900	NEW	$346,479	NEW	1	$83.28	0.78%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	NEW	500	NEW	$344,435	NEW	1	$629.39	0.77%
NEM	NEWMONT Corp Basic Materials	Reduced	8,000	-5,100	$336,240	−57.0%	3	$70.05	0.76%
FIS	Fidelity National Information Services, Inc. Technology	Added	4,389	+291	$331,676	−11.7%	2	$98.92	0.75%
BX	Blackstone Inc. Financial Services	NEW	3,900	NEW	$326,430	NEW	1	$96.85	0.73%

Showing the top 50 of 90 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.