Torren Management, LLC

Registered adviser

CIK

2096203

Location

SAN DIEGO, CA

Portfolio Value

Small $196,678,493

Diversification

Highly concentrated

Filing Date

Global Rank

#6,573 / 8,818 ▼ 505

Top Industry

Semiconductors 12.6%

Period ended 4 months ago

Filed Jul 10, 2026 · 4mo

3 quarters · since Dec 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, Oct 1, 2026

Form ADV adviser

CRD 329263

Roster of Oct 1, 2026

Regulatory AUM

$373,498,620

Main clients

Individuals and high net worth (94% 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 Oct 2026	$373,498,620	Individuals and high net worth (94%)
Dec 2025 to Mar 2026	$333,648,226	Individuals and high net worth (100%)
Apr 2025 to Sep 2025	$176,977,731	Individuals and high net worth (100%)
Jul 2024 to Mar 2025	$147,130,787	Individuals and high net worth (100%)
Mar 2024 to Jun 2024	$0	—

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 96.1% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 2.7 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 92.0%; sector active share 83.3% 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 backtest

Portfolio Concentration

948 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

77.1%

+9.8 pts

Top 5

95.2%

−0.8 pts

Top 10

96.1%

−0.6 pts

HHI

6,168

Highly concentrated+997

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	96.1%	$189,068,175	55
Technology	1.5%	$2,893,279	143
Financial Services	0.6%	$1,187,787	178
Industrials	0.5%	$935,590	147
Consumer Cyclical	0.4%	$735,867	114
Communication Services	0.3%	$599,814	41
Healthcare	0.3%	$573,660	108
Consumer Defensive	0.1%	$242,953	35
Utilities	0.1%	$159,981	38
Energy	0.1%	$148,598	38
Basic Materials	0.1%	$126,520	43
Real Estate	0.0%	$6,269	8

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AVRE	Avantis Real Estate ETF	+12,285	16,794	$795,699
AVUQ	Avantis U.S. Quality ETF	+1,124	195,207	$12,883,662
CWEN	Clearway Energy, Inc.	+395	661	$22,592
KR	Kroger Co	+355	438	$24,322
AFL	Aflac Inc	+295	475	$55,693
VZ	Verizon Communications Inc	+278	521	$22,059
KLAC	Kla Corp	+171	190	$57,324
BGRN	iShares USD Green Bond ETF	+165	6,825	$324,003
CB	Chubb Ltd	+157	379	$129,140
KO	Coca Cola Co	+146	696	$56,563
BKNG	Booking Holdings Inc.	+120	125	$22,280
ACGL	Arch Capital Group Ltd.	+117	292	$28,341
IGLD	FT Vest Gold Strategy Target Income ETF	+116	2,121	$44,668
AMZN	Amazon Com Inc	+107	545	$129,895
—		+94	134	$27,475
EXC	Exelon Corp	+94	389	$18,135
AVUS	Avantis U.S. Equity ETF	+89	197,155	$25,251,612
DVN	Devon Energy Corp	+78	127	$5,247
DFGP	Dimensional Global Core Plus Fixed Income ETF	+65	475	$25,868
WMT	Walmart Inc.	+51	156	$17,668
COST	Costco Wholesale Corp	+48	62	$57,999
ACYN	First Trust Exchange-Traded Fund	+37	2,150	$44,698
SCIO	First Trust Structured Credit Income Opportunities ETF	+26	1,913	$39,541
FTCB	First Trust Core Investment Grade ETF	+25	2,091	$43,607
PCG	PG&E Corp	+19	64	$1,076
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DFCF	Dimensional Core Fixed Income ETF	−165,651	91,748	$3,872,683
DFSD	Dimensional Short-Duration Fixed Income ETF	−156,496	118,156	$5,641,949
DUSB	Dimensional Ultrashort Fixed Income ETF	−79,647	38,623	$1,961,275
DFGX	Dimensional International Core Fixed Income ETF	−75,971	41,194	$2,207,792
LTPZ	PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund	−36,079	20,406	$1,033,563
AVDE	Avantis International Equity ETF	−14,582	240,973	$21,494,791
DIHP	Dimensional International High Profitability ETF	−8,536	73,922	$2,522,588
AVEM	Avantis Emerging Markets Equity ETF	−5,238	120,933	$11,668,825
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	−4,317	47,675	$1,937,512
DFIC	Dimensional International Core Equity 2 ETF	−4,022	82,000	$3,055,320
HBAN	Huntington Bancshares Inc	−2,374	4,875	$86,433
AVUV	Avantis U.S. Small Cap Value ETF	−1,284	70,658	$8,815,292
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	−1,250	1,074	$53,947
FTRE	Fortrea Holdings Inc.	−686	465	$8,091
DUHP	Dimensional US High Profitability ETF	−441	97,411	$4,064,961
AVDV	Avantis International Small Cap Value ETF	−297	20,559	$2,118,604
ESGD	iShares ESG Aware MSCI EAFE ETF	−280	26,778	$2,753,046
CTSH	Cognizant Technology Solutions Corp	−242	19	$735
TSCO	Tractor Supply Co	−130	156	$4,931
PLTR	Palantir Technologies Inc.	−113	218	$25,434
SPY	Spdr S&P 500 ETF Trust	−99	744	$555,596
AVSE	Avantis Responsible Emerging Markets Equity ETF	−94	1,671	$136,749
SCHX	Schwab U.S. Large-Cap ETF	−93	24,294	$714,972
MSFT	Microsoft Corp	−83	490	$182,779
ESGE	iShares Trust	−76	27,109	$1,482,591
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
MDLZ	Mondelez International, Inc.	25	$1,446
ORI	Old Republic International Corp	20	$818
VICI	Vici Properties Inc.	28	$743
VGNT	Versigent PLC	1	$42
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		147	$9,578
—		46	$8,182
FET	Forum Energy Technologies, Inc.	120	$7,039
VAL	Valaris Ltd	50	$4,902
—		110	$3,873
—		41	$3,099
TTI	Tetra Technologies Inc	322	$2,743
NOC	Northrop Grumman Corp	4	$2,728
—		119	$2,395
HON	Honeywell International Inc	9	$2,034
VITL	Vital Farms, Inc.	137	$1,934
WDAY	Workday, Inc.	13	$1,688
VNT	Vontier Corp	45	$1,596
UPB	Upstream Bio, Inc.	162	$1,458
—		31	$1,449
—		4	$1,405
—		208	$1,348
ECL	Ecolab Inc.	5	$1,330
JKHY	Jack Henry & Associates Inc	8	$1,264
—		80	$1,157
—		134	$1,118
TMDX	TransMedics Group, Inc.	11	$1,093
SVV	Savers Value Village, Inc.	122	$907
—		31	$823
BBNX	Beta Bionics, Inc.	82	$821
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

948 tracked positions · $196,678,493 total · filing declares 948 positions · $196,687,338 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 948 positions by value · page 1 of 19

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AVTM	Avantis Total Equity Markets ETF	Held	1,240,351	0	$67,524,708	+15.8%	2	$48.63	34.33%
AVUS	Avantis U.S. Equity ETF	Added	197,155	+89	$25,251,612	+15.3%	3	before history	12.84%
AVDE	Avantis International Equity ETF	Reduced	240,973	-14,582	$21,494,791	−0.9%	3	before history	10.93%
AVUQ	Avantis U.S. Quality ETF	Added	195,207	+1,124	$12,883,662	+17.0%	3	before history	6.55%
AVEM	Avantis Emerging Markets Equity ETF	Reduced	120,933	-5,238	$11,668,825	+14.8%	3	before history	5.93%
AVUV	Avantis U.S. Small Cap Value ETF	Reduced	70,658	-1,284	$8,815,292	+10.9%	3	before history	4.48%
DFSD	Dimensional Short-Duration Fixed Income ETF	Reduced	118,156	-156,496	$5,641,949	−57.1%	3	before history	2.87%
DUHP	Dimensional US High Profitability ETF	Reduced	97,411	-441	$4,064,961	+13.0%	3	before history	2.07%
DFCF	Dimensional Core Fixed Income ETF	Reduced	91,748	-165,651	$3,872,683	−64.4%	3	before history	1.97%
DFIC	Dimensional International Core Equity 2 ETF	Reduced	82,000	-4,022	$3,055,320	−0.0%	3	before history	1.55%
DFAC	Dimensional U.S. Core Equity 2 ETF	Reduced	68,389	-69	$3,033,736	+14.0%	3	before history	1.54%
ESGD	iShares ESG Aware MSCI EAFE ETF	Reduced	26,778	-280	$2,753,046	+6.4%	3	before history	1.40%
DIHP	Dimensional International High Profitability ETF	Reduced	73,922	-8,536	$2,522,588	−5.1%	3	before history	1.28%
DFGX	Dimensional International Core Fixed Income ETF	Reduced	41,194	-75,971	$2,207,792	−64.1%	3	before history	1.12%
AVDV	Avantis International Small Cap Value ETF	Reduced	20,559	-297	$2,118,604	+1.7%	3	before history	1.08%
DUSB	Dimensional Ultrashort Fixed Income ETF	Reduced	38,623	-79,647	$1,961,275	−67.3%	3	before history	1.00%
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	Reduced	47,675	-4,317	$1,937,512	+7.9%	3	before history	0.99%
ESGE	iShares Trust	Reduced	27,109	-76	$1,482,591	—	3	before history	0.75%
LTPZ	PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund	Reduced	20,406	-36,079	$1,033,563	−64.1%	3	before history	0.53%
AVRE	Avantis Real Estate ETF	Added	16,794	+12,285	$795,699	+300.9%	3	before history	0.40%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	24,294	-93	$714,972	+14.3%	3	before history	0.36%
SPY	Spdr S&P 500 ETF Trust	Reduced	744	-99	$555,596	+1.3%	3	before history	0.28%
AVSU	Avantis Responsible U.S. Equity ETF	Added	5,928	+2	$524,746	+19.8%	3	before history	0.27%
DISV	Dimensional International Small Cap Value ETF	Reduced	12,081	-60	$484,810	+1.2%	3	before history	0.25%
AVSD	Avantis Responsible International Equity ETF	Added	4,978	+5	$397,662	+8.6%	3	before history	0.20%
NVDA	Nvidia Corp Technology	Added	1,936	+2	$387,374	+14.8%	3	before history	0.20%
BGRN	iShares USD Green Bond ETF	Added	6,825	+165	$324,003	+2.5%	3	before history	0.16%
MU	Micron Technology Inc Technology	Held	256	0	$295,498	+241.7%	3	before history	0.15%
AAPL	Apple Inc. Technology	Reduced	848	-70	$245,377	+5.3%	3	before history	0.12%
IJH	iShares Core S&P Mid-Cap ETF	Held	2,654	0	$204,649	+14.2%	3	before history	0.10%
GOOGL	Alphabet Inc. Communication Services	Held	565	0	$201,914	+24.3%	3	before history	0.10%
WDC	Western Digital Corp Technology	Held	308	0	$196,725	+136.1%	3	before history	0.10%
IXUS	iShares Core MSCI Total International Stock ETF	Held	2,042	0	$194,888	+10.2%	3	before history	0.10%
MSFT	Microsoft Corp Technology	Reduced	490	-83	$182,779	−13.8%	3	before history	0.09%
SNDK	Sandisk Corp Technology	Held	65	0	$147,792	+257.9%	3	before history	0.08%
PRFZ	Invesco RAFI US 1500 Small-Mid ETF	Held	2,500	0	$139,425	+21.6%	3	before history	0.07%
AVSE	Avantis Responsible Emerging Markets Equity ETF	Reduced	1,671	-94	$136,749	+16.4%	3	before history	0.07%
AMZN	Amazon Com Inc Consumer Cyclical	Added	545	+107	$129,895	+42.4%	3	before history	0.07%
CB	Chubb Ltd Financial Services	Added	379	+157	$129,140	+78.5%	3	before history	0.07%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Held	499	0	$121,252	+11.8%	3	before history	0.06%
RDVY	First Trust Rising Dividend Achievers ETF	Added	1,355	+3	$109,836	+19.0%	2	$71.19	0.06%
DHS	WisdomTree U.S. High Dividend Fund	Added	866	+8	$98,446	+5.1%	2	unpriced	0.05%
GOOG	Alphabet Inc. Communication Services	Held	258	0	$91,159	+23.2%	3	before history	0.05%
LRCX	Lam Research Corp Technology	Held	201	0	$87,099	+102.8%	3	before history	0.04%
HBAN	Huntington Bancshares Inc Financial Services	Reduced	4,875	-2,374	$86,433	−23.8%	3	before history	0.04%
AVGO	Broadcom Inc. Technology	Added	226	+1	$85,371	+22.6%	3	before history	0.04%
AMAT	Applied Materials Inc Technology	Held	116	0	$83,868	+111.5%	3	before history	0.04%
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	Added	824	+2	$72,413	+15.1%	2	$80.00	0.04%
CGDV	Capital Group Dividend Value ETF	Added	1,364	+3	$67,217	+16.1%	2	$44.43	0.03%
JNJ	Johnson & Johnson Healthcare	Reduced	254	-54	$64,508	−14.3%	3	before history	0.03%

Showing the top 50 of 948 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.