Cladis Investment Advisory, LLC

CIK

1911520

Location

BILLINGS, MT

Portfolio Value

Small $158,781,672

Diversification

Diversified

Filing Date

Global Rank

#4,720 / 8,592 ▲ 136

Top Industry

Semiconductors 10.5%

3Y Alpha vs SPY

+2.5%

Period ended 3 months ago

Filed May 15, 2026 · 35d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+87.9%

SPY

+76.8%

Annualised alpha

+2.5%

Max drawdown

−19.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

8.6%

−1.0 pts

Top 5

22.0%

−2.8 pts

Top 10

33.6%

−2.8 pts

HHI

210

Diversified−27

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.4%	$46,732,508	27
Industrials	17.4%	$27,646,412	20
Healthcare	9.1%	$14,497,489	15
Financial Services	8.8%	$14,003,964	14
Communication Services	7.3%	$11,544,208	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
GOOGL	Alphabet Inc.	+2,976	3,957	$1,137,874
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
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
PFE	Pfizer Inc	−2,897	62,048	$1,742,307
FIBK	First Interstate Bancsystem Inc	−2,897	84,953	$2,837,430
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 positions · $158,781,672 total · 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%	5.27%
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	Exxon Mobil 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%	2.09%
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%	1.37%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	7,203	-100	$2,118,834	−10.0%	1.33%
QXO	QXO, Inc. Industrials	Reduced	103,560	-3,800	$2,011,135	−2.9%	1.27%
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%	0.90%
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%
GOOGL	Alphabet Inc. Communication Services	Added	3,957	+2,976	$1,137,874	+270.6%	0.72%
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%