Cladis Investment Advisory, LLC

CIK

1911520

Location

BILLINGS, MT

Portfolio Value

Small $158,668,123

Diversification

Diversified

Filing Date

Global Rank

#4,506 / 8,638 ▲ 64 · as of Mar 2026

Top Industry

Semiconductors 10.5%

3Y Alpha vs SPY

+3.9%

Period ended 4 months ago

Filed May 15, 2026 · 3mo

18 quarters · since Dec 2021

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+94.3%

SPY

+77.0%

Annualised alpha

+3.8%

Max drawdown

−19.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

131 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

8.6%

−0.9 pts

Top 5

22.0%

−2.6 pts

Top 10

33.6%

−2.5 pts

HHI

211

Diversified−25

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.5%	$46,732,508	27
Industrials	17.0%	$26,925,829	20
Healthcare	9.0%	$14,249,394	15
Financial Services	8.8%	$14,003,964	14
Communication Services	7.8%	$12,399,337	8
Consumer Cyclical	6.8%	$10,843,037	9
Consumer Defensive	5.9%	$9,343,449	10
Energy	5.5%	$8,740,324	9
Utilities	3.6%	$5,778,449	6
Unclassified	3.0%	$4,832,676	3
Basic Materials	2.9%	$4,539,361	9
Real Estate	0.2%	$279,795	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BYRN	Byrna Technologies Inc.	+19,300	63,900	$586,602
UBER	Uber Technologies, Inc	+7,845	18,821	$1,353,794
ORCL	Oracle Corp	+6,206	12,780	$1,880,065
NOW	ServiceNow, Inc.	+4,170	5,695	$595,412
NKE	NIKE, Inc.	+4,085	29,616	$1,564,317
NFLX	Netflix Inc	+4,005	16,665	$1,602,339
COIN	Coinbase Global, Inc.	+3,700	5,480	$956,862
CALM	Cal-Maine Foods Inc	+2,100	8,300	$656,945
UNH	Unitedhealth Group Inc	+1,311	5,269	$1,425,738
AMD	Advanced Micro Devices Inc	+900	8,060	$1,639,645
BX	Blackstone Inc.	+500	7,500	$862,425
MSFT	Microsoft Corp	+275	11,373	$4,209,943
RDDT	Reddit, Inc.	+250	3,100	$417,415
HD	Home Depot, Inc.	+161	3,041	$1,000,154
NVDA	Nvidia Corp	+160	48,019	$8,374,513
DIS	Walt Disney Co	+131	16,131	$1,554,705
CRWD	CrowdStrike Holdings, Inc.	+120	1,993	$778,087
V	Visa Inc.	+91	1,136	$343,344
META	Meta Platforms, Inc.	+85	2,664	$1,524,154
PANW	Palo Alto Networks Inc	+70	3,620	$580,358
AVGO	Broadcom Inc.	+40	720	$222,847
BA	Boeing Co	+40	4,075	$811,047
F	Ford Motor Co	+5	124,511	$1,436,856
BAC	Bank Of America Corp /De/	+1	13,379	$652,226
COP	Conocophillips	+1	5,518	$728,376
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MDU	Mdu Resources Group Inc	−8,709	60,215	$1,247,654
INTC	Intel Corp	−6,000	24,305	$1,072,579
ONT	Onterris, Inc.	−5,500	52,900	$1,157,981
HAL	Halliburton Co	−4,600	7,000	$272,930
T	At&T Inc.	−4,097	87,063	$2,523,956
QXO	QXO, Inc.	−3,800	103,560	$2,011,135
ECG	Everus Construction Group, Inc.	−3,374	12,543	$1,480,826
UPS	United Parcel Service Inc	−2,968	19,570	$1,925,296
FIBK	First Interstate Bancsystem Inc	−2,897	84,953	$2,837,430
PFE	Pfizer Inc	−2,897	62,048	$1,742,307
AAPL	Apple Inc.	−2,400	53,525	$13,584,109
NEM	NEWMONT Corp /DE/	−2,000	5,600	$606,200
FTAI	FTAI Aviation Ltd.	−2,000	6,500	$1,592,500
VRT	Vertiv Holdings Co	−1,815	7,785	$1,950,765
CLF	Cleveland-Cliffs Inc.	−1,500	96,650	$816,692
VZ	Verizon Communications Inc	−1,497	51,139	$2,567,177
DELL	Dell Technologies Inc.	−1,275	7,315	$1,200,610
CVX	Chevron Corp	−1,100	4,320	$893,808
NEE	Nextera Energy Inc	−1,083	23,500	$2,182,680
WMT	Walmart Inc.	−1,025	12,260	$1,523,672
TXN	Texas Instruments Inc	−1,000	3,000	$582,420
GBCI	Glacier Bancorp, Inc.	−1,000	28,298	$1,264,071
SLB	Slb Limited/Nv	−1,000	4,546	$233,618
WFC	Wells Fargo & Company/Mn	−1,000	11,727	$933,586
GE	General Electric Co	−777	15,327	$4,349,342
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
KGC	Kinross Gold Corp	13,000	$396,760
PAAS	Pan American Silver Corp	5,000	$273,150
AMGN	Amgen Inc	715	$251,572
CRWV	CoreWeave, Inc.	2,800	$216,916
NVO	Novo Nordisk A S	5,700	$209,475
ENB	Enbridge Inc	3,832	$207,464
GLW	Corning Inc /Ny	1,500	$203,955
AEM	Agnico Eagle Mines Ltd	1,000	$202,980
VVV	Valvoline Inc	6,000	$202,080
HL	Hecla Mining Co/De/	10,000	$186,300
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
GIS	General Mills Inc	6,173	$287,044
KHC	Kraft Heinz Co	11,079	$268,665
IREN	IREN Ltd	6,600	$249,282
CRM	Salesforce, Inc.	927	$245,571
HXL	Hexcel Corp /De/	3,000	$221,700
BIIB	Biogen Inc.	1,040	$183,029
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

131 tracked positions · $158,668,123 total · filing declares 159 positions · $181,742,334 · as of Mar 31, 2026

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

Showing 1–50 of 131 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	53,525	-2,400	$13,584,109	−10.7%	8.56%
NVDA	Nvidia Corp Technology	Added	48,019	+160	$8,374,513	−6.2%	5.28%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	21,262	-300	$4,428,236	−11.0%	2.79%
GE	General Electric Co Industrials	Reduced	15,327	-777	$4,349,342	−12.3%	2.74%
MSFT	Microsoft Corp Technology	Added	11,373	+275	$4,209,943	−21.6%	2.65%
GEV	GE Vernova Inc. Industrials	Reduced	4,820	-224	$4,207,378	+27.6%	2.65%
LLY	ELI LILLY & Co Healthcare	Reduced	4,142	-510	$3,809,687	−23.8%	2.40%
XOM	ExxonMobil Holdings Corp Energy	Reduced	21,297	-339	$3,613,249	+38.8%	2.28%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	10,300	0	$3,480,885	+11.2%	2.19%
QQQ	Invesco Qqq Trust, Series 1	Reduced	5,761	-200	$3,325,133	−9.2%	2.10%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	3,208	-65	$3,196,547	+13.3%	2.01%
CAT	Caterpillar Inc Industrials	Reduced	4,265	-535	$3,021,581	+9.9%	1.90%
FIBK	First Interstate Bancsystem Inc Financial Services	Reduced	84,953	-2,897	$2,837,430	−6.7%	1.79%
IBM	International Business Machines Corp Technology	Reduced	11,171	-50	$2,707,738	−18.5%	1.71%
VZ	Verizon Communications Inc Communication Services	Reduced	51,139	-1,497	$2,567,177	+19.7%	1.62%
T	At&T Inc. Communication Services	Reduced	87,063	-4,097	$2,523,956	+11.5%	1.59%
NEE	Nextera Energy Inc Utilities	Reduced	23,500	-1,083	$2,182,680	+10.6%	1.38%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	7,203	-100	$2,118,834	−10.0%	1.34%
QXO	QXO, Inc. Industrials	Reduced	103,560	-3,800	$2,011,135	−2.9%	1.27%
GOOGL	Alphabet Inc. Communication Services	Reduced	6,938	-298	$1,993,003	−12.2%	1.26%
VRT	Vertiv Holdings Co Industrials	Reduced	7,785	-1,815	$1,950,765	+25.4%	1.23%
UPS	United Parcel Service Inc Industrials	Reduced	19,570	-2,968	$1,925,296	−13.9%	1.21%
ORCL	Oracle Corp Technology	Added	12,780	+6,206	$1,880,065	+46.7%	1.18%
KNF	Knife River Corp Basic Materials	Reduced	21,767	-100	$1,777,275	+15.5%	1.12%
PFE	Pfizer Inc Healthcare	Reduced	62,048	-2,897	$1,742,307	+7.7%	1.10%
MRK	Merck & Co., Inc. Healthcare	Reduced	14,124	-550	$1,698,975	+10.0%	1.07%
AMD	Advanced Micro Devices Inc Technology	Added	8,060	+900	$1,639,645	+6.9%	1.03%
NFLX	Netflix Inc Communication Services	Added	16,665	+4,005	$1,602,339	+35.0%	1.01%
FTAI	FTAI Aviation Ltd. Industrials	Reduced	6,500	-2,000	$1,592,500	−4.8%	1.00%
NKE	NIKE, Inc. Consumer Cyclical	Added	29,616	+4,085	$1,564,317	−3.8%	0.99%
DIS	Walt Disney Co Communication Services	Added	16,131	+131	$1,554,705	−14.6%	0.98%
META	Meta Platforms, Inc. Communication Services	Added	2,664	+85	$1,524,154	−10.5%	0.96%
WMT	Walmart Inc. Consumer Defensive	Reduced	12,260	-1,025	$1,523,672	+2.9%	0.96%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	3,148	-50	$1,508,521	−6.2%	0.95%
ECG	Everus Construction Group, Inc. Industrials	Reduced	12,543	-3,374	$1,480,826	+8.7%	0.93%
F	Ford Motor Co Consumer Cyclical	Added	124,511	+5	$1,436,856	−12.0%	0.91%
UNH	Unitedhealth Group Inc Healthcare	Added	5,269	+1,311	$1,425,738	+9.1%	0.90%
UBER	Uber Technologies, Inc Technology	Added	18,821	+7,845	$1,353,794	+51.0%	0.85%
PSX	Phillips 66 Energy	Held	7,078	0	$1,289,470	+41.2%	0.81%
GBCI	Glacier Bancorp, Inc. Financial Services	Reduced	28,298	-1,000	$1,264,071	−2.1%	0.80%
MDU	Mdu Resources Group Inc Utilities	Reduced	60,215	-8,709	$1,247,654	−7.3%	0.79%
GEHC	GE HealthCare Technologies Inc. Healthcare	Reduced	17,168	-14	$1,222,018	−13.3%	0.77%
SPY	Spdr S&P 500 ETF Trust	Held	1,847	0	$1,201,177	−4.6%	0.76%
DELL	Dell Technologies Inc. Technology	Reduced	7,315	-1,275	$1,200,610	+11.0%	0.76%
SNOW	Snowflake Inc. Technology	Reduced	7,740	-100	$1,167,346	−32.1%	0.74%
ONT	Onterris, Inc. Industrials	Reduced	52,900	-5,500	$1,157,981	−20.1%	0.73%
INTC	Intel Corp Technology	Reduced	24,305	-6,000	$1,072,579	−4.1%	0.68%
FDX	Fedex Corp Industrials	Held	3,000	0	$1,068,540	+23.3%	0.67%
SBUX	Starbucks Corp Consumer Cyclical	Reduced	11,829	-99	$1,059,760	+5.5%	0.67%
CPK	Chesapeake Utilities Corp Utilities	Held	8,000	0	$1,010,960	+1.3%	0.64%

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.