GHE, LLC

Registered adviser

CIK

1910179

Location

MEMPHIS, TN

Portfolio Value

Small $255,565,721

Diversification

Highly concentrated

Filing Date

Global Rank

#5,674 / 8,815 ▼ 156

Top Industry

Semiconductors 59.8%

Period ended 4 months ago

Filed Jul 30, 2026 · 3mo

19 quarters · since Dec 2021

Regulatory profile

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

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 125245

Roster of Oct 1, 2026

Regulatory AUM

$252,605,307

Main clients

Individuals and high net worth (91% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Mar 2026 to Oct 2026	$252,605,307	Individuals and high net worth (91%)
Apr 2025 to Feb 2026	$272,321,199	Individuals and high net worth (72%)
Apr 2024 to Mar 2025	$179,576,762	Individuals and high net worth (75%)
May 2023 to Mar 2024	$115,212,425	Individuals and high net worth (80%)
Apr 2023	$115,212,425	Individuals and high net worth (80%)
Apr 2022 to Mar 2023	$152,802,658	Individuals and high net worth (78%)

2 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 76.8% of the book (60%+)

Turnover

Low turnover

1.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 16.8 quarters (12+)

Closest benchmark: the S&P 500 as of 2026-06-30, active share 85.2%; sector active share 40.9% against the combined 13F book's sector weights.

Over time 19 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

53 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

56.9%

+1.4 pts

Top 5

67.5%

+0.8 pts

Top 10

76.8%

+0.1 pts

HHI

3,308

Highly concentrated+148

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	65.4%	$167,084,919	8
Financial Services	14.7%	$37,690,785	14
Consumer Cyclical	8.3%	$21,217,234	11
Consumer Defensive	4.1%	$10,495,356	7
Energy	2.8%	$7,109,927	1
Unclassified	2.5%	$6,490,155	7
Healthcare	1.4%	$3,504,680	2
Industrials	0.5%	$1,217,206	1
Real Estate	0.2%	$497,844	1
Communication Services	0.1%	$257,615	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
MDY	Spdr S&P Midcap 400 ETF Trust	+29,118	30,067	$3,072,547
PCN	Pimco Corporate & Income Strategy Fund	+28,955	678,497	$8,108,039
BSCQ	Invesco BulletShares 2026 Corporate Bond ETF	+7,000	19,000	$370,975
CL	Colgate Palmolive Co	+1,629	16,893	$1,548,750
PAYX	Paychex Inc	+676	18,332	$1,802,585
ADP	Automatic Data Processing Inc	+527	14,846	$3,324,761
LOW	Lowes Companies Inc	+280	19,229	$4,239,802
ABT	Abbott Laboratories	+263	12,577	$1,141,236
PEP	Pepsico Inc	+245	10,832	$1,466,652
MCO	Moodys Corp	+220	13,821	$6,259,807
SPGI	S&P Global Inc.	+173	11,234	$4,575,158
MCD	Mcdonalds Corp	+135	11,817	$3,194,253
PG	PROCTER & GAMBLE Co	+61	7,103	$1,041,583
PDI	PIMCO Dynamic Income Fund	+50	18,550	$309,785
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SBUX	Starbucks Corp	−29,645	3,249	$332,015
NVDA	Nvidia Corp	−20,760	727,326	$145,530,659
PYPL	PayPal Holdings, Inc.	−1,579	24,708	$1,066,891
BZH	Beazer Homes USA Inc	−1,270	64,554	$1,810,739
BBY	Best Buy Co Inc	−1,150	17,218	$1,306,501
TNET	Trinet Group, Inc.	−1,097	24,595	$1,217,206
ANET	Arista Networks, Inc.	−1,011	30,436	$5,170,467
CSCO	Cisco Systems, Inc.	−743	26,664	$3,131,953
KBH	Kb Home	−717	29,399	$1,840,083
MPC	Marathon Petroleum Corp	−704	27,809	$7,109,927
DHI	Horton D R Inc	−623	17,893	$2,914,411
QCOM	Qualcomm Inc	−481	18,708	$3,457,051
AXP	American Express Co	−428	16,354	$5,531,740
ADBE	Adobe Inc.	−414	20,334	$4,168,876
TIP	iShares TIPS Bond ETF	−347	3,017	$330,150
PGR	Progressive Corp	−323	21,085	$4,606,018
SYY	Sysco Corp	−304	11,927	$996,858
TROW	Price T Rowe Group Inc	−303	16,197	$1,841,436
CVSA	Covista Inc.	−270	3,135	$390,809
GS	Goldman Sachs Group Inc	−155	848	$857,641
EXPE	Expedia Group, Inc.	−152	4,654	$1,190,865
ULTA	Ulta Beauty, Inc.	−145	4,529	$2,042,488
MAR	Marriott International Inc	−137	5,103	$1,891,120
SPG	Simon Property Group Inc.	−115	2,226	$497,844
SEIC	Sei Investments Co	−110	6,654	$583,622
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	5,000	$545,350
APP	AppLovin Corp	500	$257,615
BSCS	Invesco BulletShares 2028 Corporate Bond ETF	10,000	$203,700
No positions match the current search.

Sold Out

Positions the filer fully exited

1 positions

Ticker	Company	Shares	Value	Open
EBAY	Ebay Inc	12,793	$1,164,418
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

53 tracked positions · $255,565,721 total · filing declares 57 positions · $264,924,707 · as of Jun 30, 2026

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

Showing 1–50 of 53 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	727,326	-20,760	$145,530,659	+11.5%	19	before history	56.94%
PCN	Pimco Corporate & Income Strategy Fund Financial Services	Added	678,497	+28,955	$8,108,039	+4.9%	16	unpriced	3.17%
MPC	Marathon Petroleum Corp Energy	Reduced	27,809	-704	$7,109,927	+2.1%	19	before history	2.78%
MCO	Moodys Corp Financial Services	Added	13,821	+220	$6,259,807	+5.5%	19	before history	2.45%
AXP	American Express Co Financial Services	Reduced	16,354	-428	$5,531,740	+9.0%	8	$254.83	2.16%
ANET	Arista Networks, Inc. Technology	Reduced	30,436	-1,011	$5,170,467	+33.9%	8	unpriced	2.02%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	5,385	-30	$5,037,505	−6.6%	3	$906.18	1.97%
PGR	Progressive Corp Financial Services	Reduced	21,085	-323	$4,606,018	+8.5%	18	$130.35	1.80%
SPGI	S&P Global Inc. Financial Services	Added	11,234	+173	$4,575,158	−2.8%	19	before history	1.79%
LOW	Lowes Companies Inc Consumer Cyclical	Added	19,229	+280	$4,239,802	−5.3%	19	before history	1.66%
ADBE	Adobe Inc. Technology	Reduced	20,334	-414	$4,168,876	−17.3%	19	before history	1.63%
QCOM	Qualcomm Inc Technology	Reduced	18,708	-481	$3,457,051	+39.9%	19	before history	1.35%
ADP	Automatic Data Processing Inc Technology	Added	14,846	+527	$3,324,761	+14.3%	19	before history	1.30%
MCD	Mcdonalds Corp Consumer Cyclical	Added	11,817	+135	$3,194,253	−12.0%	19	before history	1.25%
CSCO	Cisco Systems, Inc. Technology	Reduced	26,664	-743	$3,131,953	+47.3%	19	before history	1.23%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	30,067	+29,118	$3,072,547	+424.9%	3	unpriced	1.20%
DHI	Horton D R Inc Consumer Cyclical	Reduced	17,893	-623	$2,914,411	+14.7%	19	before history	1.14%
MSCI	MSCI Inc. Financial Services	Reduced	4,348	-78	$2,435,053	+2.1%	3	$560.87	0.95%
JNJ	Johnson & Johnson Healthcare	Reduced	9,306	-103	$2,363,444	+2.8%	3	$197.75	0.92%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	Reduced	4,529	-145	$2,042,488	−16.4%	3	$549.70	0.80%
MAR	Marriott International Inc Consumer Cyclical	Reduced	5,103	-137	$1,891,120	+10.3%	3	$285.68	0.74%
TROW	Price T Rowe Group Inc Financial Services	Reduced	16,197	-303	$1,841,436	+23.8%	18	$125.04	0.72%
KBH	Kb Home Consumer Cyclical	Reduced	29,399	-717	$1,840,083	+18.1%	19	before history	0.72%
BZH	Beazer Homes USA Inc Consumer Cyclical	Reduced	64,554	-1,270	$1,810,739	+43.0%	19	before history	0.71%
PAYX	Paychex Inc Technology	Added	18,332	+676	$1,802,585	+10.8%	19	before history	0.71%
EEM	iShares MSCI Emerging Markets ETF	Held	23,481	0	$1,606,335	+20.5%	16	$39.47	0.63%
CL	Colgate Palmolive Co Consumer Defensive	Added	16,893	+1,629	$1,548,750	+19.0%	19	before history	0.61%
PEP	Pepsico Inc Consumer Defensive	Added	10,832	+245	$1,466,652	−10.8%	18	$167.11	0.57%
BBY	Best Buy Co Inc Consumer Cyclical	Reduced	17,218	-1,150	$1,306,501	+10.8%	19	before history	0.51%
TNET	Trinet Group, Inc. Industrials	Reduced	24,595	-1,097	$1,217,206	+30.0%	19	before history	0.48%
EXPE	Expedia Group, Inc. Consumer Cyclical	Reduced	4,654	-152	$1,190,865	+7.3%	3	$247.09	0.47%
ABT	Abbott Laboratories Healthcare	Added	12,577	+263	$1,141,236	−9.7%	19	before history	0.45%
PYPL	PayPal Holdings, Inc. Financial Services	Reduced	24,708	-1,579	$1,066,891	−10.3%	19	before history	0.42%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	7,103	+61	$1,041,583	+2.4%	3	$147.43	0.41%
SYY	Sysco Corp Consumer Defensive	Reduced	11,927	-304	$996,858	+14.3%	19	before history	0.39%
GS	Goldman Sachs Group Inc Financial Services	Reduced	848	-155	$857,641	+1.1%	3	$815.95	0.34%
DSL	DoubleLine Income Solutions Fund Financial Services	Reduced	58,450	-100	$646,457	+1.9%	16	$12.17	0.25%
PTY	Pimco Corporate & Income Opportunity Fund Financial Services	Held	51,450	0	$618,943	−0.2%	16	unpriced	0.24%
SEIC	Sei Investments Co Financial Services	Reduced	6,654	-110	$583,622	+10.0%	3	$82.19	0.23%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	NEW	5,000	NEW	$545,350	NEW	1	unpriced	0.21%
AAPL	Apple Inc. Technology	Held	1,723	0	$498,567	+14.0%	3	$267.90	0.20%
SPG	Simon Property Group Inc. Real Estate	Reduced	2,226	-115	$497,844	+14.0%	3	$181.67	0.19%
HD	Home Depot, Inc. Consumer Cyclical	Held	1,290	0	$454,957	+7.2%	3	$366.27	0.18%
CVSA	Covista Inc. Consumer Defensive	Reduced	3,135	-270	$390,809	−0.4%	3	$114.51	0.15%
BSCQ	Invesco BulletShares 2026 Corporate Bond ETF	Added	19,000	+7,000	$370,975	+58.3%	16	$19.38	0.15%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Held	2,285	0	$361,098	+6.7%	3	$142.22	0.14%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	3,249	-29,645	$332,015	−88.7%	19	before history	0.13%
TIP	iShares TIPS Bond ETF	Reduced	3,017	-347	$330,150	−11.1%	3	unpriced	0.13%
PDI	PIMCO Dynamic Income Fund Financial Services	Added	18,550	+50	$309,785	−2.1%	7	$19.32	0.12%
APP	AppLovin Corp Communication Services	NEW	500	NEW	$257,615	NEW	1	$482.62	0.10%

Showing the top 50 of 53 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.