Family Office Research LLC

Family Office

CIK

2041267

Location

Bethesda, MD

Portfolio Value

Micro $90,858,550

Diversification

Highly concentrated

Filing Date

Global Rank

#5,540 / 8,232 ▲ 144

Top Industry

Lodging 72.1%

3Y Alpha vs SPY

+6.8%

Period ended 2 months ago

Filed May 13, 2026 · 32d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

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

Cloned portfolio

+33.0%

SPY

+23.4%

Annualised alpha

+6.8%

Max drawdown

−26.2%

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

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

Top Position

60.5%

+4.8 pts

Top 5

87.8%

+4.7 pts

Top 10

93.7%

+1.7 pts

HHI

3,933

Highly concentrated+553

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Consumer Cyclical	62.8%	$57,080,516	4
Unclassified	16.1%	$14,626,826	4
Industrials	8.3%	$7,516,210	2
Technology	5.8%	$5,290,258	7
Financial Services	5.5%	$5,028,004	3
Healthcare	0.5%	$417,432	1
Communication Services	0.4%	$367,214	1
Consumer Defensive	0.4%	$323,839	1
Utilities	0.2%	$208,251	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
BPRE	Bluerock Private Real Estate Fund	+1,616	192,234	$3,193,006
ETHA	iShares Ethereum Trust ETF	+650	25,599	$405,232
ORCL	Oracle Corp	+162	1,693	$249,057
NVDA	Nvidia Corp	+62	6,928	$1,208,243
GLD	Spdr Gold Trust	+13	1,613	$694,057
SPY	Spdr S&P 500 ETF Trust	+2	2,164	$1,407,335
MSFT	Microsoft Corp	+2	1,419	$525,271
QCOM	Qualcomm Inc/De	+1	1,662	$214,032
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
MAR	Marriott International Inc /Md/	−9,246	168,121	$54,987,335
TSLA	Tesla, Inc.	−3,550	2,199	$817,478
QQQ	Invesco Qqq Trust, Series 1	−306	20,999	$12,120,202
BRK-B	Berkshire Hathaway Inc	−136	1,959	$938,752
GOOGL	Alphabet Inc.	−90	1,277	$367,214
DE	Deere & Co	−69	477	$268,694
COST	Costco Wholesale Corp /New	−42	325	$323,839
AMZN	Amazon Com Inc	−32	4,385	$913,263
AAPL	Apple Inc.	−4	8,724	$2,214,063
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
FIGR	Figure Technology Solutions, Inc.	26,399	$896,246
IMDX	Insight Molecular Diagnostics Inc.	127,266	$417,432
ED	Consolidated Edison Inc	1,840	$208,251
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
RTX	RTX Corp	19,299	$3,539,436
VAC	MARRIOTT VACATIONS WORLDWIDE Corp	18,984	$1,095,186
HST	Host Hotels & Resorts, Inc.	34,243	$607,128
IBIT	iShares Bitcoin Trust ETF	4,401	$218,509
MDY	Spdr S&P Midcap 400 ETF Trust	329	$198,479
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

24 positions · $90,858,550 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MAR	Marriott International Inc /Md/ Consumer Cyclical	Reduced	168,121	-9,246	$54,987,335	−0.1%	60.52%
QQQ	Invesco Qqq Trust, Series 1	Reduced	20,999	-306	$12,120,202	−7.4%	13.34%
DAL	Delta Air Lines, Inc. Industrials	Held	109,018	0	$7,247,516	−4.2%	7.98%
BPRE	Bluerock Private Real Estate Fund Financial Services	Added	192,234	+1,616	$3,193,006	+11.7%	3.51%
AAPL	Apple Inc. Technology	Reduced	8,724	-4	$2,214,063	−6.7%	2.44%
SPY	Spdr S&P 500 ETF Trust	Added	2,164	+2	$1,407,335	−4.5%	1.55%
NVDA	Nvidia Corp Technology	Added	6,928	+62	$1,208,243	−5.6%	1.33%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,959	-136	$938,752	−10.9%	1.03%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	4,385	-32	$913,263	−10.4%	1.01%
FIGR	Figure Technology Solutions, Inc. Financial Services	NEW	26,399	NEW	$896,246	NEW	0.99%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	2,199	-3,550	$817,478	−68.4%	0.90%
GLD	Spdr Gold Trust	Added	1,613	+13	$694,057	+9.5%	0.76%
CRWV	CoreWeave, Inc. Technology	Held	8,654	0	$670,425	+8.2%	0.74%
MSFT	Microsoft Corp Technology	Added	1,419	+2	$525,271	−23.4%	0.58%
IMDX	Insight Molecular Diagnostics Inc. Healthcare	NEW	127,266	NEW	$417,432	NEW	0.46%
ETHA	iShares Ethereum Trust ETF	Added	25,599	+650	$405,232	−27.6%	0.45%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,277	-90	$367,214	−14.2%	0.40%
NVR	Nvr Inc Consumer Cyclical	Held	55	0	$362,440	−9.6%	0.40%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	325	-42	$323,839	+2.3%	0.36%
DE	Deere & Co Industrials	Reduced	477	-69	$268,694	+5.7%	0.30%
ORCL	Oracle Corp Technology	Added	1,693	+162	$249,057	−16.5%	0.27%
QCOM	Qualcomm Inc/De Technology	Added	1,662	+1	$214,032	−24.7%	0.24%
IT	Gartner Inc Technology	Held	1,321	0	$209,167	−37.2%	0.23%
ED	Consolidated Edison Inc Utilities	NEW	1,840	NEW	$208,251	NEW	0.23%