BLUELINE ADVISORS LLC

CIK

2110066

Location

EXETER, NH

Portfolio Value

Micro $10,195,325

Diversification

Moderately concentrated

Filing Date

Global Rank

#7,744 / 8,232 ▲ 202

Top Industry

Specialty Chemicals 35.5%

3Y Alpha vs SPY

-13.6%

Period ended 2 months ago

Filed Apr 7, 2026 · 2mo

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jun 2026 · vs SPY

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

Cloned portfolio

+5.3%

SPY

+9.1%

Annualised alpha

-13.6%

Max drawdown

−8.8%

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

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

Top Position

25.7%

+0.7 pts

Top 5

79.2%

−1.2 pts

Top 10

87.7%

−0.6 pts

HHI

1,599

Moderately concentrated+49

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	66.9%	$6,817,837	5
Basic Materials	11.7%	$1,197,574	1
Technology	6.2%	$636,263	7
Financial Services	4.5%	$454,564	8
Utilities	3.4%	$351,619	13
Real Estate	2.0%	$208,638	10
Healthcare	1.2%	$117,334	7
Communication Services	1.1%	$112,789	5
Energy	0.9%	$88,648	4
Industrials	0.8%	$86,633	5
Consumer Cyclical	0.7%	$73,106	3
Consumer Defensive	0.5%	$50,320	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

20 positions

Ticker	Company	Δ Shares	Shares	Value
JFR	Nuveen Floating Rate Income Fund	+17,656	29,524	$222,020
MDY	Spdr S&P Midcap 400 ETF Trust	+918	4,242	$2,616,295
INVH	Invitation Homes Inc.	+195	851	$21,147
WY	Weyerhaeuser Co	+63	861	$21,034
EQR	Equity Residential	+31	352	$20,820
NFG	National Fuel Gas Co	+18	254	$23,865
SO	Southern Co	+14	238	$22,971
ESS	Essex Property Trust, Inc.	+12	87	$21,054
MAA	Mid America Apartment Communities Inc.	+10	160	$19,539
EXC	Exelon Corp	+8	463	$22,696
DUK	Duke Energy CORP	+6	176	$23,045
ET	Energy Transfer LP	+5	1,163	$22,445
D	Dominion Energy, Inc	+5	486	$30,044
WEC	Wec Energy Group, Inc.	+5	193	$22,343
SWX	Southwest Gas Holdings, Inc.	+4	254	$22,072
SUI	Sun Communities Inc	+4	169	$21,287
FXE	Invesco CurrencyShares Euro Trust	+4	97	$10,348
QQQ	Invesco Qqq Trust, Series 1	+2	2,753	$1,588,976
EXR	Extra Space Storage Inc.	+1	152	$19,931
XEL	Xcel Energy Inc	+1	279	$22,163
No positions match the current search.

Trimmed

Positions the filer reduced

13 positions

Ticker	Company	Δ Shares	Shares	Value
NMZ	Nuveen Municipal High Income Opportunity Fund	−1,964	9,314	$96,679
SHW	Sherwin Williams Co	−1,491	3,736	$1,197,574
SPY	Spdr S&P 500 ETF Trust	−218	3,605	$2,344,475
GLD	Spdr Gold Trust	−213	599	$257,743
AAPL	Apple Inc.	−182	1,301	$330,180
NEE	Nextera Energy Inc	−43	248	$23,034
VTR	Ventas, Inc.	−35	266	$21,753
TRGP	Targa Resources Corp.	−19	102	$25,574
PPL	PPL Corp	−11	590	$22,538
IRM	Iron Mountain Inc	−6	205	$20,938
GPC	Genuine Parts Co	−5	437	$46,212
AEP	American Electric Power Co Inc	−4	546	$71,569
DHR	Danaher Corp /De/	−1	43	$8,152
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
NVG	Nuveen AMT-Free Municipal Credit Income Fund	2,453	$30,245
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
MFC	Manulife Financial Corp	938	$34,030
VLTO	Veralto Corp	8	$798
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

70 positions · $10,195,325 total · as of Mar 31, 2026

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

Showing 1–50 of 70 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MDY	Spdr S&P Midcap 400 ETF Trust	Added	4,242	+918	$2,616,295	+30.5%	25.66%
SPY	Spdr S&P 500 ETF Trust	Reduced	3,605	-218	$2,344,475	−10.1%	23.00%
QQQ	Invesco Qqq Trust, Series 1	Added	2,753	+2	$1,588,976	−6.0%	15.59%
SHW	Sherwin Williams Co Basic Materials	Reduced	3,736	-1,491	$1,197,574	−29.3%	11.75%
AAPL	Apple Inc. Technology	Reduced	1,301	-182	$330,180	−18.1%	3.24%
GLD	Spdr Gold Trust	Reduced	599	-213	$257,743	−19.9%	2.53%
JFR	Nuveen Floating Rate Income Fund Financial Services	Added	29,524	+17,656	$222,020	+138.9%	2.18%
NVDA	Nvidia Corp Technology	Held	1,200	0	$209,280	−6.5%	2.05%
NMZ	Nuveen Municipal High Income Opportunity Fund Financial Services	Reduced	9,314	-1,964	$96,679	−15.9%	0.95%
TRV	Travelers Companies, Inc. Financial Services	Held	272	0	$79,336	+0.6%	0.78%
AEP	American Electric Power Co Inc Utilities	Reduced	546	-4	$71,569	+12.8%	0.70%
MRK	Merck & Co., Inc. Healthcare	Held	521	0	$62,671	+14.3%	0.61%
DIS	Walt Disney Co Communication Services	Held	480	0	$46,262	−15.3%	0.45%
GPC	Genuine Parts Co Consumer Cyclical	Reduced	437	-5	$46,212	−15.0%	0.45%
WMT	Walmart Inc. Consumer Defensive	Held	345	0	$42,876	+11.6%	0.42%
MSFT	Microsoft Corp Technology	Held	115	0	$42,569	−23.5%	0.42%
UBER	Uber Technologies, Inc Technology	Held	450	0	$32,368	−12.0%	0.32%
NVG	Nuveen AMT-Free Municipal Credit Income Fund Financial Services	NEW	2,453	NEW	$30,245	NEW	0.30%
D	Dominion Energy, Inc Utilities	Added	486	+5	$30,044	+6.6%	0.29%
T	At&T Inc. Communication Services	Held	1,028	0	$29,801	+16.7%	0.29%
JNJ	Johnson & Johnson Healthcare	Held	120	0	$29,332	+18.1%	0.29%
RL	Ralph Lauren Corp Consumer Cyclical	Held	76	0	$26,143	−2.7%	0.26%
TRGP	Targa Resources Corp. Energy	Reduced	102	-19	$25,574	+14.6%	0.25%
SRE	Sempra Utilities	Held	250	0	$24,292	+10.1%	0.24%
NFG	National Fuel Gas Co Energy	Added	254	+18	$23,865	+26.3%	0.23%
WM	Waste Management Inc Industrials	Held	102	0	$23,438	+4.6%	0.23%
GE	General Electric Co Industrials	Held	82	0	$23,269	−7.9%	0.23%
DUK	Duke Energy CORP Utilities	Added	176	+6	$23,045	+15.7%	0.23%
NEE	Nextera Energy Inc Utilities	Reduced	248	-43	$23,034	−1.4%	0.23%
SO	Southern Co Utilities	Added	238	+14	$22,971	+17.6%	0.23%
EXC	Exelon Corp Utilities	Added	463	+8	$22,696	+14.4%	0.22%
PPL	PPL Corp Utilities	Reduced	590	-11	$22,538	+7.1%	0.22%
ET	Energy Transfer LP Energy	Added	1,163	+5	$22,445	+17.5%	0.22%
NI	Nisource Inc. Utilities	Held	481	0	$22,443	+11.7%	0.22%
ED	Consolidated Edison Inc Utilities	Held	198	0	$22,409	+14.0%	0.22%
WEC	Wec Energy Group, Inc. Utilities	Added	193	+5	$22,343	+12.7%	0.22%
XEL	Xcel Energy Inc Utilities	Added	279	+1	$22,163	+7.9%	0.22%
SWX	Southwest Gas Holdings, Inc. Utilities	Added	254	+4	$22,072	+10.3%	0.22%
VTR	Ventas, Inc. Real Estate	Reduced	266	-35	$21,753	−6.6%	0.21%
VZ	Verizon Communications Inc Communication Services	Held	425	0	$21,335	+23.3%	0.21%
SUI	Sun Communities Inc Real Estate	Added	169	+4	$21,287	+4.1%	0.21%
INVH	Invitation Homes Inc. Real Estate	Added	851	+195	$21,147	+16.0%	0.21%
WPC	W. P. Carey Inc. Real Estate	Held	311	0	$21,135	+5.6%	0.21%
ESS	Essex Property Trust, Inc. Real Estate	Added	87	+12	$21,054	+7.3%	0.21%
WY	Weyerhaeuser Co Real Estate	Added	861	+63	$21,034	+11.3%	0.21%
IRM	Iron Mountain Inc Real Estate	Reduced	205	-6	$20,938	+19.6%	0.21%
EQR	Equity Residential Real Estate	Added	352	+31	$20,820	+2.9%	0.20%
EXR	Extra Space Storage Inc. Real Estate	Added	152	+1	$19,931	+1.4%	0.20%
MAA	Mid America Apartment Communities Inc. Real Estate	Added	160	+10	$19,539	−6.2%	0.19%
PFG	Principal Financial Group Inc Financial Services	Held	206	0	$18,562	+2.2%	0.18%