TRAPHAGEN INVESTMENT ADVISORS LLC
Filing Date
Global Rank
#3,633
/ 8,232
▲ 202
Top Industry
Consumer Electronics
18.2%
3Y Alpha vs SPY
-4.2%
Period ended 2 months ago
Filed Apr 22, 2026 · 53d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+58.7%
SPY
+76.3%
Annualised alpha
-4.2%
Max drawdown
−16.9%
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
129 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
16.1%
−0.7 pts
Top 5
40.1%
+0.2 pts
Top 10
53.8%
−1.3 pts
HHI
493
Diversified−15
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 30.4% | $67,864,342 |
| Technology | 26.8% | $59,908,589 |
| Unclassified | 11.6% | $25,959,132 |
| Consumer Cyclical | 5.2% | $11,563,554 |
| Industrials | 5.0% | $11,101,151 |
| Communication Services | 4.9% | $11,009,070 |
| Healthcare | 4.7% | $10,469,135 |
| Consumer Defensive | 4.4% | $9,757,563 |
| Energy | 3.6% | $8,076,451 |
| Utilities | 3.1% | $7,015,699 |
| Basic Materials | 0.4% | $825,394 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BITB | Bitwise Bitcoin ETF | +47,284 | 303,174 | $11,159,834 | |
| IBIT | iShares Bitcoin Trust ETF | +27,976 | 86,584 | $3,326,557 | |
| BPRE | Bluerock Private Real Estate Fund | +23,806 | 1,170,967 | $19,449,761 | |
| BTC | Grayscale Bitcoin Mini Trust ETF | +6,266 | 41,743 | $1,251,872 | |
| AAPL | Apple Inc. | +2,890 | 141,414 | $35,889,459 | |
| OUNZ | VanEck Merk Gold ETF | +2,299 | 8,977 | $404,413 | |
| PEG | Public Service Enterprise Group Inc | +2,112 | 60,030 | $4,859,428 | |
| CVX | Chevron Corp | +1,941 | 14,366 | $2,972,325 | |
| T | At&T Inc. | +1,842 | 52,863 | $1,532,498 | |
| INTC | Intel Corp | +1,227 | 12,268 | $541,386 | |
| XOM | Exxon Mobil Corp | +899 | 16,594 | $2,815,338 | |
| PLTR | Palantir Technologies Inc. | +818 | 5,117 | $748,514 | |
| AMC | Amc Entertainment Holdings, Inc. | +800 | 30,808 | $30,191 | |
| NFLX | Netflix Inc | +677 | 4,237 | $407,387 | |
| MTB | M&T Bank Corp | +638 | 1,924 | $397,729 | |
| VZ | Verizon Communications Inc | +558 | 50,841 | $2,552,218 | |
| NVDA | Nvidia Corp | +528 | 39,746 | $6,931,702 | |
| ORCL | Oracle Corp | +419 | 8,570 | $1,260,732 | |
| BAC | Bank Of America Corp /De/ | +388 | 13,513 | $658,758 | |
| KHC | Kraft Heinz Co | +372 | 10,145 | $228,161 | |
| QQQ | Invesco Qqq Trust, Series 1 | +346 | 2,972 | $1,715,378 | |
| ED | Consolidated Edison Inc | +281 | 11,664 | $1,320,131 | |
| SPY | Spdr S&P 500 ETF Trust | +248 | 4,142 | $2,693,708 | |
| GE | General Electric Co | +247 | 5,825 | $1,652,960 | |
| AVGO | Broadcom Inc. | +195 | 848 | $262,464 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FAST | Fastenal Co | −2,726 | 5,514 | $255,849 | |
| CMCSA | Comcast Corp | −1,079 | 9,351 | $268,467 | |
| GOOGL | Alphabet Inc. | −974 | 11,042 | $3,175,237 | |
| TKO | TKO Group Holdings, Inc. | −973 | 1,406 | $283,519 | |
| PFE | Pfizer Inc | −781 | 22,577 | $633,962 | |
| BDX | Becton Dickinson & Co | −776 | 3,498 | $549,990 | |
| GILD | Gilead Sciences, Inc. | −764 | 2,140 | $298,251 | |
| GBTC | Grayscale Bitcoin Trust ETF | −696 | 84,556 | $4,461,174 | |
| MRK | Merck & Co., Inc. | −541 | 6,615 | $795,718 | |
| CSX | Csx Corp | −495 | 11,944 | $490,301 | |
| WFC | Wells Fargo & Company/Mn | −374 | 6,362 | $506,478 | |
| MUJ | Blackrock Muniholdings New Jersey Quality Fund, Inc. | −337 | 20,252 | $234,315 | |
| APD | Air Products & Chemicals, Inc. | −288 | 2,024 | $587,951 | |
| BX | Blackstone Inc. | −272 | 1,994 | $229,290 | |
| JNJ | Johnson & Johnson | −257 | 9,710 | $2,373,512 | |
| DIS | Walt Disney Co | −210 | 6,813 | $656,636 | |
| META | Meta Platforms, Inc. | −155 | 3,230 | $1,847,979 | |
| IBM | International Business Machines Corp | −153 | 3,596 | $871,634 | |
| CSCO | Cisco Systems, Inc. | −117 | 24,527 | $1,903,049 | |
| TSLA | Tesla, Inc. | −104 | 3,689 | $1,371,385 | |
| AMZN | Amazon Com Inc | −86 | 19,076 | $3,972,958 | |
| BA | Boeing Co | −84 | 1,493 | $297,151 | |
| MSTR | Strategy Inc | −80 | 7,277 | $908,169 | |
| MCD | Mcdonalds Corp | −52 | 936 | $290,899 | |
| LMT | Lockheed Martin Corp | −51 | 2,137 | $1,291,581 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
13 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| UBS | UBS Group AG | 9,745 | $380,737 | |
| GLD | Spdr Gold Trust | 707 | $304,215 | |
| VLO | Valero Energy Corp/Tx | 1,201 | $296,743 | |
| GLW | Corning Inc /Ny | 1,837 | $249,776 | |
| COP | Conocophillips | 1,837 | $242,484 | |
| BMY | Bristol Myers Squibb Co | 3,491 | $211,729 | |
| HYMC | Hycroft Mining Holding Corp | 6,010 | $211,552 | |
| BNY | Bank of New York Mellon Corp | 1,749 | $207,483 | |
| UPS | United Parcel Service Inc | 2,090 | $205,614 | |
| CFG | Citizens Financial Group Inc/Ri | 3,417 | $204,917 | |
| OWL | Blue Owl Capital Inc. | 16,478 | $150,444 | |
| MQY | Blackrock Muniyield Quality Fund, Inc. | 10,974 | $120,494 | |
| RANI | Rani Therapeutics Holdings, Inc. | 22,024 | $16,187 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
6 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| ULTA | Ulta Beauty, Inc. | 580 | $350,905 | |
| UNH | Unitedhealth Group Inc | 1,039 | $342,984 | |
| SPGI | S&P Global Inc. | 509 | $265,998 | |
| CTRE | CareTrust REIT, Inc. | 6,686 | $241,765 | |
| GDLC | Grayscale CoinDesk Crypto 5 ETF | 5,446 | $225,045 | |
| DYAI | Dyadic International Inc | 13,000 | $12,220 | |
| No positions match the current search. | ||||
129 positions ·
$223,550,080 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
Showing 1–50
of 129 positions by value
· page 1 of 3
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Added | 141,414 | $35,889,459 | 16.05% | |
| BPRE |
Bluerock Private Real Estate Fund
Financial Services
|
Added | 1,170,967 | $19,449,761 | 8.70% | |
| CME |
Cme Group Inc.
Financial Services
|
Added | 48,555 | $14,340,719 | 6.41% | |
| BITB |
Bitwise Bitcoin ETF
|
Added | 303,174 | $11,159,834 | 4.99% | |
| ICE |
Intercontinental Exchange, Inc.
Financial Services
|
Reduced | 56,176 | $8,835,361 | 3.95% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 10,137 | $8,575,800 | 3.84% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 39,746 | $6,931,702 | 3.10% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 15,461 | $5,723,198 | 2.56% | |
| PEG |
Public Service Enterprise Group Inc
Utilities
|
Added | 60,030 | $4,859,428 | 2.17% | |
| GBTC |
Grayscale Bitcoin Trust ETF
|
Reduced | 84,556 | $4,461,174 | 2.00% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 8,576 | $4,109,619 | 1.84% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 19,076 | $3,972,958 | 1.78% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 13,452 | $3,957,040 | 1.77% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 11,848 | $3,896,688 | 1.74% | |
| IBIT |
iShares Bitcoin Trust ETF
|
Added | 86,584 | $3,326,557 | 1.49% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 11,042 | $3,175,237 | 1.42% | |
| CVX |
Chevron Corp
Energy
|
Added | 14,366 | $2,972,325 | 1.33% | |
| XOM |
Exxon Mobil Corp
Energy
|
Added | 16,594 | $2,815,338 | 1.26% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Added | 4,142 | $2,693,708 | 1.20% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Added | 50,841 | $2,552,218 | 1.14% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 9,710 | $2,373,512 | 1.06% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 3,195 | $2,263,529 | 1.01% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 9,611 | $2,090,296 | 0.94% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 6,383 | $1,929,197 | 0.86% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 24,527 | $1,903,049 | 0.85% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 1,893 | $1,886,241 | 0.84% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 3,230 | $1,847,979 | 0.83% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 14,846 | $1,845,060 | 0.83% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Added | 2,972 | $1,715,378 | 0.77% | |
| GE |
General Electric Co
Industrials
|
Added | 5,825 | $1,652,960 | 0.74% | |
| T |
At&T Inc.
Communication Services
|
Added | 52,863 | $1,532,498 | 0.69% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 3,689 | $1,371,385 | 0.61% | |
| GEV |
GE Vernova Inc.
Industrials
|
Added | 1,516 | $1,323,316 | 0.59% | |
| ED |
Consolidated Edison Inc
Utilities
|
Added | 11,664 | $1,320,131 | 0.59% | |
| LMT |
Lockheed Martin Corp
Industrials
|
Reduced | 2,137 | $1,291,581 | 0.58% | |
| ORCL |
Oracle Corp
Technology
|
Added | 8,570 | $1,260,732 | 0.56% | |
| BTC |
Grayscale Bitcoin Mini Trust ETF
|
Added | 41,743 | $1,251,872 | 0.56% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
Added | 20,584 | $1,186,461 | 0.53% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 1,262 | $1,160,749 | 0.52% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 13,853 | $1,053,520 | 0.47% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 1,884 | $941,359 | 0.42% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Added | 5,641 | $932,682 | 0.42% | |
| MSTR |
Strategy Inc
Technology
|
Reduced | 7,277 | $908,169 | 0.41% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 3,596 | $871,634 | 0.39% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 6,615 | $795,718 | 0.36% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Added | 5,108 | $793,221 | 0.35% | |
| TJX |
Tjx Companies Inc /De/
Consumer Cyclical
|
Added | 4,922 | $786,043 | 0.35% | |
| ADP |
Automatic Data Processing Inc
Technology
|
Reduced | 3,866 | $785,493 | 0.35% | |
| HON |
Honeywell International Inc
Industrials
|
Reduced | 3,427 | $774,604 | 0.35% | |
| TPL |
Texas Pacific Land Corp
Energy
|
Added | 1,626 | $771,634 | 0.35% |