Gray Foundation
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: every 13F filer's combined book, active share 92.0%; sector active share 67.3% 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 backtestPortfolio Concentration
9 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Consumer Cyclical | 56.0% | $241,786,346 |
| Unclassified | 29.6% | $127,981,859 |
| Communication Services | 9.2% | $39,572,960 |
| Real Estate | 2.4% | $10,293,574 |
| Healthcare | 1.5% | $6,370,812 |
| Industrials | 1.3% | $5,714,808 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| INDA | iShares MSCI India ETF | −41,837 | 383,911 | $18,961,364 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| HLT |
Hilton Worldwide Holdings Inc.
Consumer Cyclical
|
Held | 731,666 | $241,786,346 | 56.01% | |
| IGM |
iShares Expanded Tech Sector ETF
|
Held | 559,116 | $91,460,195 | 21.19% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Held | 112,000 | $39,572,960 | 9.17% | |
| INDA |
iShares MSCI India ETF
|
Reduced | 383,911 | $18,961,364 | 4.39% | |
| ROBO |
ROBO Global Robotics and Automation Index ETF
|
Held | 205,000 | $17,560,300 | 4.07% | |
| INVH |
Invitation Homes Inc.
Real Estate
|
Held | 340,734 | $10,293,574 | 2.38% | |
| NBIX |
Neurocrine Biosciences Inc
Healthcare
|
Held | 37,800 | $6,370,812 | 1.48% | |
| BA |
Boeing Co
Industrials
|
Held | 26,400 | $5,714,808 | 1.32% | |
| SOXX |
iShares Semiconductor ETF
|
Held | 34,371 | $0 | 0.00% |
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.