Note Advisors, LLC

CIK

2056243

Location

BUFFALO, NY

Portfolio Value

Micro $2,955,500

Diversification

Diversified

Filing Date

Global Rank

#7,757 / 8,232 ▼ 620

Top Industry

Restaurants 13.5%

3Y Alpha vs SPY

-25.4%

Period ended 2 months ago

Filed May 15, 2026 · 30d

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

-10.7%

SPY

+23.4%

Annualised alpha

-25.4%

Max drawdown

−22.4%

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

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

Top Position

12.7%

−58.7 pts

Top 5

45.0%

−38.7 pts

Top 10

67.1%

−24.1 pts

HHI

625

Diversified−4,524

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.9%	$2,955,500	5
Consumer Cyclical	22.1%	$2,182,191	4
Financial Services	19.7%	$1,950,661	5
Communication Services	8.2%	$807,267	2
Unclassified	6.4%	$630,060	2
Industrials	5.5%	$541,739	1
Energy	3.2%	$317,603	1
Consumer Defensive	2.7%	$266,207	1
Healthcare	2.3%	$230,264	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
AMZN	Amazon Com Inc	+118	1,964	$409,042
META	Meta Platforms, Inc.	+98	548	$313,527
HD	Home Depot, Inc.	+54	962	$316,392
MTB	M&T Bank Corp	+2	1,562	$322,896
ADI	Analog Devices Inc	+1	1,090	$346,772
No positions match the current search.

Trimmed

Positions the filer reduced

4 positions

Ticker	Company	Δ Shares	Shares	Value
COR	Cencora, Inc.	−72,511	733	$230,264
NBTB	Nbt Bancorp Inc	−1,656	17,879	$761,287
MSFT	Microsoft Corp	−32	2,468	$913,579
XOM	Exxon Mobil Corp	−11	1,872	$317,603
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
NVDA	Nvidia Corp	1,430	$249,392
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

5 positions · $2,955,500 total · Technology only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Held	3,871	0	$982,421	−6.6%	33.24%
MSFT	Microsoft Corp Technology	Reduced	2,468	-32	$913,579	−24.4%	30.91%
AVGO	Broadcom Inc. Technology	Held	1,497	0	$463,336	−10.6%	15.68%
ADI	Analog Devices Inc Technology	Added	1,090	+1	$346,772	+17.4%	11.73%
NVDA	Nvidia Corp Technology	NEW	1,430	NEW	$249,392	NEW	8.44%