Binnacle Investments Inc
Registered adviserCIK
2060308
Location
URBANDALE, IA
Portfolio Value
Small
$168,903,687
Diversification
Highly concentrated
Filing Date
Global Rank
#6,413
/ 8,113
▲ 110
· as of Sep 2025
Top Industry
Specialty Retail
7.4%
Period ended 1 year ago
Filed Nov 14, 2025 · 12mo
3 quarters · since Mar 2025
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Registered adviser
Form ADV roster, Nov 1, 2026
Regulatory AUM
$264,137,161
Main clients
Individuals and high net worth
(98% of AUM)
Form ADV history
Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Nov 2026 | $264,137,161 | Individuals and high net worth (98%) |
| Apr 2025 to Mar 2026 | $217,434,618 | Individuals and high net worth (98%) |
| Mar 2024 to Mar 2025 | $183,581,167 | Individuals and high net worth (98%) |
| May 2023 to Feb 2024 | $161,323,709 | Individuals and high net worth (98%) |
| Apr 2023 | $161,323,709 | Individuals and high net worth (98%) |
| Apr 2022 to Mar 2023 | $151,747,928 | Individuals and high net worth (97%) |
2 earlier changes not shown.
Portfolio style
Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.
Style
Concentrated
The top 10 positions are 83.2% of the book (60%+)
Turnover
Turnover unknown
It needs four straight quarters of measured turnover
Horizon
Short horizon
Value-weighted holding period 3.0 quarters (under 4)
Closest benchmark: every 13F filer's combined book, active share 80.1%; sector active share 70.0% against the combined 13F book's sector weights.
Over time 3 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
938 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
69.2%
−0.7 pts
Top 5
77.6%
−1.1 pts
Top 10
83.2%
−1.1 pts
HHI
4,822
Highly concentrated−105
Portfolio Trend
3 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 82.3% | $139,020,389 |
| Technology | 3.9% | $6,555,775 |
| Financial Services | 3.0% | $5,074,513 |
| Consumer Cyclical | 2.7% | $4,548,731 |
| Healthcare | 2.0% | $3,387,199 |
| Industrials | 1.6% | $2,780,687 |
| Consumer Defensive | 1.4% | $2,405,997 |
| Communication Services | 1.1% | $1,867,121 |
| Energy | 0.6% | $1,085,371 |
| Utilities | 0.5% | $901,810 |
| Real Estate | 0.4% | $724,008 |
| Basic Materials | 0.3% | $552,086 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| DFCF | Dimensional Core Fixed Income ETF | +30,993 | 436,096 | $18,647,464 | |
| DFAC | Dimensional U.S. Core Equity 2 ETF | +14,970 | 505,019 | $19,478,582 | |
| DUHP | Dimensional US High Profitability ETF | +8,773 | 247,422 | $9,345,128 | |
| SPHY | State Street(R) SPDR(R) Portfolio High Yield Bond ETF | +7,915 | 113,707 | $2,722,145 | |
| DFAU | Dimensional US Core Equity Market ETF | +7,634 | 318,639 | $14,580,920 | |
| DFAI | Dimensional International Core Equity Market ETF | +6,554 | 263,872 | $9,591,747 | |
| DFGX | Dimensional International Core Fixed Income ETF | +6,488 | 101,049 | $5,452,604 | |
| DFAX | Dimensional World ex. U.S. Core Equity 2 ETF | +5,904 | 376,612 | $11,818,084 | |
| DFSD | Dimensional Short-Duration Fixed Income ETF | +5,561 | 104,628 | $5,042,023 | |
| DIHP | Dimensional International High Profitability ETF | +4,790 | 138,197 | $4,200,497 | |
| DFAE | Dimensional Emerging Core Equity Market ETF | +3,899 | 189,610 | $5,978,403 | |
| DFIP | Dimensional Inflation-Protected Securities Portfolio ETF | +3,462 | 58,444 | $2,468,090 | |
| DFUS | Dimensional U.S. Equity Market ETF | +2,932 | 135,491 | $9,814,968 | |
| EMLC | VanEck J.P. Morgan EM Local Currency Bond ETF | +2,159 | 53,937 | $1,375,932 | |
| PFE | Pfizer Inc | +2,124 | 7,876 | $200,679 | |
| SAN | Banco Santander, S.A. | +1,582 | 3,227 | $33,818 | |
| T | At&T Inc. | +1,398 | 10,637 | $300,387 | |
| ACHR | Archer Aviation Inc. | +1,000 | 2,500 | $23,950 | |
| OSCR | Oscar Health, Inc. | +1,000 | 4,500 | $85,185 | |
| HYMB | State Street(R) SPDR Nuveen ICE High Yield Municipal Bond ETF | +985 | 9,851 | $245,585 | |
| VWOB | VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | +941 | 19,517 | $1,305,687 | |
| UPS | United Parcel Service Inc | +915 | 1,946 | $162,548 | |
| PEP | Pepsico Inc | +873 | 1,158 | $162,629 | |
| VTEB | VANGUARD TAX-EXEMPT BOND INDEX FUND | +734 | 6,307 | $315,791 | |
| SEIV | SEI Enhanced U.S. Large Cap Value Factor ETF | +673 | 7,989 | $310,772 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| SEIE | SEI Select International Equity ETF | −5,722 | 35,405 | $1,080,029 | |
| KVUE | Kenvue Inc. | −5,264 | 227 | $3,684 | |
| SEEM | SEI Select Emerging Markets Equity ETF | −2,532 | 14,757 | $445,956 | |
| SQFTW | Presidio Property Trust, Inc. | −2,221 | 16,254 | $567 | |
| SEIS | SEI Select Small Cap ETF | −2,016 | 14,688 | $410,470 | |
| SCHG | Schwab U.S. Large-Cap Growth ETF | −968 | 34,504 | $1,101,021 | |
| SCHV | Schwab U.S. Large-Cap Value ETF | −725 | 54,945 | $1,599,448 | |
| F | Ford Motor Co | −439 | 859 | $10,273 | |
| VEA | Vanguard FTSE Developed Markets ETF | −377 | 10,749 | $644,080 | |
| BRK-B | Berkshire Hathaway Inc | −348 | 1,237 | $621,888 | |
| VZ | Verizon Communications Inc | −341 | 533 | $23,424 | |
| IEMG | iShares Trust | −243 | 13,867 | $0 | |
| AVGO | Broadcom Inc. | −240 | 1,725 | $569,092 | |
| RDY | Dr Reddys Laboratories Ltd | −165 | 419 | $5,857 | |
| DAL | Delta Air Lines, Inc. | −145 | 115 | $6,526 | |
| IEFA | iShares Core MSCI EAFE ETF | −118 | 16,534 | $1,443,583 | |
| HYD | VanEck High Yield Muni ETF | −105 | 2,678 | $136,310 | |
| MUB | iShares National Muni Bond ETF | −103 | 3,569 | $380,062 | |
| SBS | Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp | −94 | 285 | $7,093 | |
| ADBE | Adobe Inc. | −90 | 17 | $5,996 | |
| DHR | Danaher Corp | −58 | 269 | $53,331 | |
| EFX | Equifax Inc | −55 | 144 | $36,938 | |
| BWXT | BWX Technologies, Inc. | −50 | 165 | $30,420 | |
| VUG | VANGUARD GROWTH INDEX FUND | −48 | 5,367 | $2,574,066 | |
| FRPT | Freshpet, Inc. | −48 | 8 | $440 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| QALT | SEI DBi Multi-Strategy Alternative ETF | 7,301 | $185,335 | |
| PALL | abrdn Palladium ETF Trust | 900 | $102,753 | |
| TTD | Trade Desk, Inc. | 756 | $37,051 | |
| OXY | Occidental Petroleum Corp | 750 | $35,437 | |
| ZETA | Zeta Global Holdings Corp. | 1,500 | $29,805 | |
| HIMS | Hims & Hers Health, Inc. | 500 | $28,360 | |
| ZS | Zscaler, Inc. | 85 | $25,471 | |
| PYPL | PayPal Holdings, Inc. | 365 | $24,476 | |
| BULL | Webull Corp | 1,650 | $24,403 | |
| WHR | Whirlpool Corp | 302 | $23,737 | |
| GSLC | Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF | 180 | $23,450 | |
| NMAX | Newsmax Inc. | 1,740 | $21,576 | |
| AVEM | Avantis Emerging Markets Equity ETF | 233 | $17,500 | |
| AAON | Aaon, Inc. | 173 | $16,164 | |
| PRDO | PERDOCEO EDUCATION Corp | 422 | $15,891 | |
| B | Barrick Mining Corp | 481 | $15,762 | |
| AXS | Axis Capital Holdings Ltd | 146 | $13,986 | |
| KBR | Kbr, Inc. | 286 | $13,524 | |
| OGE | Oge Energy Corp. | 284 | $13,140 | |
| TOUS | T. Rowe Price International Equity ETF | 385 | $12,943 | |
| QARP | Xtrackers Russell 1000 US Quality at a Reasonable Price ETF | 226 | $12,897 | |
| VFLO | VictoryShares Free Cash Flow ETF | 339 | $12,712 | |
| GLW | Corning Inc | 151 | $12,386 | |
| SIRI | Sirius Xm Holdings Inc. | 500 | $11,640 | |
| PNC | Pnc Financial Services Group, Inc. | 55 | $11,050 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
17 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WLK | Westlake Corp | 150 | $11,389 | |
| AVY | Avery Dennison Corp | 28 | $4,913 | |
| WDS | Woodside Energy Group Ltd | 292 | $4,505 | |
| YUMC | Yum China Holdings, Inc. | 73 | $3,263 | |
| IT | Gartner Inc | 8 | $3,233 | |
| IOT | Samsara Inc. | 78 | $3,102 | |
| CAVA | Cava Group, Inc. | 36 | $3,032 | |
| NSP | Insperity, Inc. | 32 | $1,923 | |
| GGAL | Grupo Financiero Galicia SA | 25 | $1,259 | |
| CODI | Compass Diversified Holdings | 200 | $1,256 | |
| — | 19 | $1,033 | ||
| ACI | Albertsons Companies, Inc. | 47 | $1,010 | |
| SFM | Sprouts Farmers Market, Inc. | 6 | $987 | |
| KEP | Korea Electric Power Corp | 59 | $840 | |
| — | 2 | $702 | ||
| CCOI | Cogent Communications Holdings, Inc. | 13 | $626 | |
| — | 37 | $590 | ||
| No positions match the current search. | ||||
938 tracked positions ·
$168,903,687 total
· filing declares
1,513 positions · $169,901,782
· as of Sep 30, 2025
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 938 positions by value
· page 1 of 19
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| DFAC |
Dimensional U.S. Core Equity 2 ETF
|
Added | 505,019 | $19,478,582 | 11.53% | |
| DFCF |
Dimensional Core Fixed Income ETF
|
Added | 436,096 | $18,647,464 | 11.04% | |
| DFAU |
Dimensional US Core Equity Market ETF
|
Added | 318,639 | $14,580,920 | 8.63% | |
| DFAX |
Dimensional World ex. U.S. Core Equity 2 ETF
|
Added | 376,612 | $11,818,084 | 7.00% | |
| DFUS |
Dimensional U.S. Equity Market ETF
|
Added | 135,491 | $9,814,968 | 5.81% | |
| DFAI |
Dimensional International Core Equity Market ETF
|
Added | 263,872 | $9,591,747 | 5.68% | |
| DUHP |
Dimensional US High Profitability ETF
|
Added | 247,422 | $9,345,128 | 5.53% | |
| DFAE |
Dimensional Emerging Core Equity Market ETF
|
Added | 189,610 | $5,978,403 | 3.54% | |
| DFGX |
Dimensional International Core Fixed Income ETF
|
Added | 101,049 | $5,452,604 | 3.23% | |
| DFSD |
Dimensional Short-Duration Fixed Income ETF
|
Added | 104,628 | $5,042,023 | 2.99% | |
| DIHP |
Dimensional International High Profitability ETF
|
Added | 138,197 | $4,200,497 | 2.49% | |
| SPHY |
State Street(R) SPDR(R) Portfolio High Yield Bond ETF
|
Added | 113,707 | $2,722,145 | 1.61% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Reduced | 5,367 | $2,574,066 | 1.52% | |
| DFIP |
Dimensional Inflation-Protected Securities Portfolio ETF
|
Added | 58,444 | $2,468,090 | 1.46% | |
| TSCO |
Tractor Supply Co
Consumer Cyclical
|
Held | 38,065 | $2,164,756 | 1.28% | |
| AAPL |
Apple Inc.
Technology
|
Added | 6,780 | $1,726,389 | 1.02% | |
| SCHV |
Schwab U.S. Large-Cap Value ETF
|
Reduced | 54,945 | $1,599,448 | 0.95% | |
| IEFA |
iShares Core MSCI EAFE ETF
|
Reduced | 16,534 | $1,443,583 | 0.85% | |
| VTV |
VANGUARD VALUE INDEX FUND
|
Added | 7,492 | $1,397,183 | 0.83% | |
| EMLC |
VanEck J.P. Morgan EM Local Currency Bond ETF
|
Added | 53,937 | $1,375,932 | 0.81% | |
| VWOB |
VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND
|
Added | 19,517 | $1,305,687 | 0.77% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 2,361 | $1,222,876 | 0.72% | |
| IDEV |
iShares Core MSCI International Developed Markets ETF
|
Added | 13,905 | $1,114,763 | 0.66% | |
| SCHG |
Schwab U.S. Large-Cap Growth ETF
|
Reduced | 34,504 | $1,101,021 | 0.65% | |
| SEIE |
SEI Select International Equity ETF
|
Reduced | 35,405 | $1,080,029 | 0.64% | |
| VEA |
Vanguard FTSE Developed Markets ETF
|
Reduced | 10,749 | $644,080 | 0.38% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 1,237 | $621,888 | 0.37% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 1,877 | $592,060 | 0.35% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 1,725 | $569,092 | 0.34% | |
| DFNM |
Dimensional National Municipal Bond ETF
|
Added | 11,053 | $530,322 | 0.31% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 2,361 | $518,401 | 0.31% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 2,405 | $448,723 | 0.27% | |
| SEEM |
SEI Select Emerging Markets Equity ETF
|
Reduced | 14,757 | $445,956 | 0.26% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Added | 2,636 | $427,558 | 0.25% | |
| RTX |
RTX Corp
Industrials
|
Added | 2,476 | $414,308 | 0.25% | |
| SEIS |
SEI Select Small Cap ETF
|
Reduced | 14,688 | $410,470 | 0.24% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 2,189 | $405,883 | 0.24% | |
| VBR |
VANGUARD SMALL-CAP VALUE INDEX FUND
|
Reduced | 1,825 | $380,895 | 0.23% | |
| MUB |
iShares National Muni Bond ETF
|
Reduced | 3,569 | $380,062 | 0.23% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 3,661 | $377,302 | 0.22% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 842 | $374,453 | 0.22% | |
| VBK |
VANGUARD SMALL-CAP GROWTH INDEX FUND
|
Reduced | 1,257 | $374,108 | 0.22% | |
| ORCL |
Oracle Corp
Technology
|
Added | 1,254 | $352,673 | 0.21% | |
| MS |
Morgan Stanley
Financial Services
|
Added | 2,193 | $348,598 | 0.21% | |
| VWO |
VANGUARD EMERGING MARKETS STOCK INDEX FUND
|
Held | 6,269 | $339,654 | 0.20% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 2,919 | $329,115 | 0.19% | |
| VTEB |
VANGUARD TAX-EXEMPT BOND INDEX FUND
|
Added | 6,307 | $315,791 | 0.19% | |
| SEIM |
SEI Enhanced U.S. Large Cap Momentum Factor ETF
|
Added | 6,876 | $312,170 | 0.18% | |
| SEIV |
SEI Enhanced U.S. Large Cap Value Factor ETF
|
Added | 7,989 | $310,772 | 0.18% | |
| BAC |
Bank Of America Corp
Financial Services
|
Added | 5,995 | $309,279 | 0.18% |
Showing the top 50 of 938 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.