SYNTAX RESEARCH, INC.

CIK

1999827

Location

BOCA RATON, FL

Portfolio Value

Micro $77,610,982

Diversification

Diversified

Filing Date

Global Rank

#6,178 / 8,605 ▲ 88 · as of Mar 2026

Top Industry

Software - Infrastructure 12.6%

3Y Alpha vs SPY

-2.4%

Period ended 3 months ago

Filed Apr 24, 2026 · 3mo

11 quarters · since Sep 2023

Clone Performance

Nov 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+62.7%

SPY

+71.4%

Annualised alpha

-2.4%

Max drawdown

−19.9%

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

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

Top Position

9.4%

−0.2 pts

Top 5

31.1%

+0.8 pts

Top 10

48.3%

−0.1 pts

HHI

366

Diversified+3

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	42.2%	$32,780,811	28
Real Estate	11.4%	$8,848,005	6
Industrials	7.8%	$6,037,198	18
Healthcare	7.5%	$5,798,116	17
Unclassified	7.2%	$5,583,155	2
Financial Services	5.4%	$4,224,768	13
Communication Services	4.7%	$3,634,941	9
Consumer Cyclical	4.6%	$3,544,315	17
Basic Materials	4.4%	$3,384,136	8
Utilities	2.5%	$1,901,756	4
Energy	1.8%	$1,416,231	6
Consumer Defensive	0.6%	$457,550	6

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
TTWO	Take Two Interactive Software Inc	+10,250	13,090	$2,585,275
BA	Boeing Co	+6,600	11,155	$2,220,179
DT	Dynatrace, Inc.	+5,000	45,000	$1,664,100
MSFT	Microsoft Corp	+3,984	10,842	$4,013,383
SNOW	Snowflake Inc.	+2,976	12,539	$1,891,131
ORCL	Oracle Corp	+2,730	16,911	$2,487,777
PANW	Palo Alto Networks Inc	+1,885	16,125	$2,585,160
AMT	American Tower Corp /Ma/	+1,808	13,925	$2,403,176
TMO	Thermo Fisher Scientific Inc.	+434	4,982	$2,448,802
QCOM	Qualcomm Inc/De	+219	18,781	$2,418,617
AVGO	Broadcom Inc.	+103	13,113	$4,058,604
SPY	Spdr S&P 500 ETF Trust	+20	7,859	$5,111,022
CMCSA	Comcast Corp	+9	1,789	$51,362
LEVI	Levi Strauss & Co	+6	1,006	$18,600
NEM	NEWMONT Corp /DE/	+4	1,883	$203,834
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+2	1,217	$411,285
ZTS	Zoetis Inc.	+2	304	$35,935
DIS	Walt Disney Co	+1	368	$35,467
ELV	Elevance Health, Inc.	+1	122	$35,715
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
WY	Weyerhaeuser Co	−53,996	21,536	$526,124
COP	Conocophillips	−14,493	1,046	$138,072
FCX	Freeport-Mcmoran Inc	−12,645	52,173	$3,066,728
OKE	Oneok Inc /New/	−9,950	354	$31,998
FDX	Fedex Corp	−8,996	851	$244,245
MRK	Merck & Co., Inc.	−3,435	1,381	$166,120
UPS	United Parcel Service Inc	−2,699	10,001	$983,898
LMT	Lockheed Martin Corp	−2,499	1,047	$632,796
DLR	Digital Realty Trust, Inc.	−2,459	11,773	$2,121,612
NOC	Northrop Grumman Corp /De/	−1,000	1,000	$682,240
CVX	Chevron Corp	−605	5,296	$1,095,742
MDT	Medtronic plc	−539	6,440	$558,026
PLD	Prologis, Inc.	−517	27,869	$3,683,724
APD	Air Products & Chemicals, Inc.	−437	136	$39,506
RTX	RTX Corp	−379	4,715	$909,523
SLB	Slb Limited/Nv	−351	2,275	$116,912
DOW	Dow Inc.	−327	592	$24,656
ANET	Arista Networks, Inc.	−206	21,265	$2,610,916
ABNB	Airbnb, Inc.	−199	16,999	$2,146,633
CVS	CVS HEALTH Corp	−168	203	$14,579
HD	Home Depot, Inc.	−127	688	$226,276
PAYX	Paychex Inc	−126	1,700	$156,604
JPM	Jpmorgan Chase & Co	−104	7,752	$2,280,328
CSCO	Cisco Systems, Inc.	−99	1,972	$153,007
BAC	Bank Of America Corp /De/	−92	5,429	$264,663
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
CEG	Constellation Energy Corp	6,000	$1,675,500
ABT	Abbott Laboratories	12,000	$1,232,040
SYK	Stryker Corp	2,000	$657,180
ARM	Arm Holdings PLC /Uk	200	$30,256
VSNT	Versant Media Group, Inc.	68	$2,517
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
BXP	BXP, Inc.	1,505	$101,557
KR	Kroger Co	433	$27,053
MO	Altria Group, Inc.	250	$14,415
CL	Colgate Palmolive Co	165	$13,038
SJM	J M SMUCKER Co	112	$10,954
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

134 positions · $77,610,982 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 134 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	28,780	-46	$7,304,076	−6.8%	9.41%
SPY	Spdr S&P 500 ETF Trust	Added	7,859	+20	$5,111,022	−4.4%	6.59%
AVGO	Broadcom Inc. Technology	Added	13,113	+103	$4,058,604	−9.9%	5.23%
MSFT	Microsoft Corp Technology	Added	10,842	+3,984	$4,013,383	+21.0%	5.17%
PLD	Prologis, Inc. Real Estate	Reduced	27,869	-517	$3,683,724	+1.7%	4.75%
FCX	Freeport-Mcmoran Inc Basic Materials	Reduced	52,173	-12,645	$3,066,728	−6.8%	3.95%
ANET	Arista Networks, Inc. Technology	Reduced	21,265	-206	$2,610,916	−7.2%	3.36%
TTWO	Take Two Interactive Software Inc Communication Services	Added	13,090	+10,250	$2,585,275	+255.5%	3.33%
PANW	Palo Alto Networks Inc Technology	Added	16,125	+1,885	$2,585,160	−1.4%	3.33%
ORCL	Oracle Corp Technology	Added	16,911	+2,730	$2,487,777	−10.0%	3.21%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	4,982	+434	$2,448,802	−7.1%	3.16%
QCOM	Qualcomm Inc/De Technology	Added	18,781	+219	$2,418,617	−23.8%	3.12%
AMT	American Tower Corp /Ma/ Real Estate	Added	13,925	+1,808	$2,403,176	+13.0%	3.10%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	7,752	-104	$2,280,328	−9.9%	2.94%
BA	Boeing Co Industrials	Added	11,155	+6,600	$2,220,179	+124.5%	2.86%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	16,999	-199	$2,146,633	−8.0%	2.77%
DLR	Digital Realty Trust, Inc. Real Estate	Reduced	11,773	-2,459	$2,121,612	−3.6%	2.73%
SNOW	Snowflake Inc. Technology	Added	12,539	+2,976	$1,891,131	−9.8%	2.44%
AMAT	Applied Materials Inc /De Technology	Reduced	5,492	-14	$1,877,110	+32.7%	2.42%
CEG	Constellation Energy Corp Utilities	NEW	6,000	NEW	$1,675,500	NEW	2.16%
DT	Dynatrace, Inc. Technology	Added	45,000	+5,000	$1,664,100	−4.0%	2.14%
ABT	Abbott Laboratories Healthcare	NEW	12,000	NEW	$1,232,040	NEW	1.59%
CVX	Chevron Corp Energy	Reduced	5,296	-605	$1,095,742	+21.8%	1.41%
UPS	United Parcel Service Inc Industrials	Reduced	10,001	-2,699	$983,898	−21.9%	1.27%
RTX	RTX Corp Industrials	Reduced	4,715	-379	$909,523	−2.6%	1.17%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	4,215	-55	$877,858	−10.9%	1.13%
NOC	Northrop Grumman Corp /De/ Industrials	Reduced	1,000	-1,000	$682,240	−40.2%	0.88%
INTC	Intel Corp Technology	Held	15,000	0	$661,950	+19.6%	0.85%
SYK	Stryker Corp Healthcare	NEW	2,000	NEW	$657,180	NEW	0.85%
GOOGL	Alphabet Inc. Communication Services	Reduced	2,208	-19	$634,932	−8.9%	0.82%
LMT	Lockheed Martin Corp Industrials	Reduced	1,047	-2,499	$632,796	−63.1%	0.82%
MDT	Medtronic plc Healthcare	Reduced	6,440	-539	$558,026	−16.8%	0.72%
WY	Weyerhaeuser Co Real Estate	Reduced	21,536	-53,996	$526,124	−70.6%	0.68%
BLK	BlackRock, Inc. Financial Services	Reduced	524	-28	$503,936	−14.7%	0.65%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,012	-12	$484,950	−5.8%	0.62%
QQQ	Invesco Qqq Trust, Series 1	Held	818	0	$472,133	−6.0%	0.61%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	1,217	+2	$411,285	+11.4%	0.53%
COST	Costco Wholesale Corp /New Consumer Defensive	Held	392	0	$390,600	+15.5%	0.50%
V	Visa Inc. Financial Services	Reduced	1,223	-19	$369,639	−15.1%	0.48%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	5,429	-92	$264,663	−12.8%	0.34%
FDX	Fedex Corp Industrials	Reduced	851	-8,996	$244,245	−89.3%	0.31%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	688	-127	$226,276	−19.3%	0.29%
NEM	NEWMONT Corp /DE/ Basic Materials	Added	1,883	+4	$203,834	+8.6%	0.26%
TER	Teradyne, Inc Technology	Held	684	0	$202,778	+53.2%	0.26%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Held	245	0	$189,296	+0.1%	0.24%
NFLX	Netflix Inc Communication Services	Held	1,750	0	$168,262	+2.5%	0.22%
MRK	Merck & Co., Inc. Healthcare	Reduced	1,381	-3,435	$166,120	−67.2%	0.21%
WFC	Wells Fargo & Company/Mn Financial Services	Held	2,036	0	$162,085	−14.6%	0.21%
PAYX	Paychex Inc Technology	Reduced	1,700	-126	$156,604	−23.5%	0.20%
CSCO	Cisco Systems, Inc. Technology	Reduced	1,972	-99	$153,007	−4.1%	0.20%