Arkolith/Funds/Breakwater Investment Management

Breakwater Investment Management

CIK 2025925
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Breakwater Investment Management holds a focused book of 506 stocks worth $268.9M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Bunge Global Sa and trimmed Vanguard Total Stock MKT ETF. Their largest long position is Vanguard Total Stock MKT ETF at 14% of the equity book. Cloning the disclosed picks since 2024 would be +25% (+11.2%/yr). That is a simulation of the disclosed long book, not audited returns.

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holdings, largest changes, and filing provenance.
Opened
78
new positions
Added to
59
existing
Trimmed
83
reduced
Sold out
69
exited

Growth of $10,000: cloning the disclosed book

If you'd copied them
+25.5%
+11.2%/yr · since Jun '24
Their reported book
+28.0%
held from quarter-end
S&P 500
+41.0%
same window
$9K$11K$12K$13K$14KJun '24Nov '24Apr '25Sep '25Mar '26Jul '26
Breakwater Investment Management (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +28.0%, a 2.5-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Breakwater Investment Management's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: focused book

Top 5 holdings
36%
Top 10 holdings
49%
Top 20 holdings
69%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

8% mapped to company sectors

ETF / fund or unclassified
92%
Information Technology
5%
Consumer Discretionary
2%
Financials
1%
Health Care
0%
Industrials
0%
Energy
0%
Materials
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

506 positions
#SecurityValueShares% PortLast moveHistory
1Vanguard Index FDS
TOTAL STK MKT
$37.7M117.5K
14.0%
−2.4%
Reduced · −3K sh
2Schwab Strategic TR
US BRD MKT ETF
$21.5M858.2K
8.0%
−1.6%
Reduced · −14K sh
3Vanguard Star FDS
VG TL INTL STK F
$17.7M229.7K
6.6%
−2.5%
Reduced · −6K sh
4Vanguard BD Index FDS
TOTAL BND MRKT
$10.3M140.2K
3.8%
−8.0%
Reduced · −12K sh
5Microsoft Corp
COM
$9.2M25.0K
3.4%
−1.2%
Reduced · −296 sh
6Vanguard Charlotte FDS
TOTAL INT BD ETF
$9.2M192.1K
3.4%
−20%
Reduced · −47K sh
7SPDR Series Trust
STATE STREET SPD
$7.3M92.8K
2.7%
+1.9%
Added · +2K sh
8Vanguard Intl Equity Index F
ALLWRLD EX US
$7.1M94.2K
2.6%
+0.7%
Added · +670 sh
9Vanguard Malvern FDS
CORE BD ETF
$6.6M85.1K
2.4%
+0.9%
Added · +792 sh
10Schwab Strategic TR
CORE BOND ETF
$6.2M241.0K
2.3%
+21%
Added · +41K sh
11Vanguard Intl Equity Index F
TT WRLD ST ETF
$5.9M42.5K
2.2%
−0.4%
Reduced · −163 sh
12Vanguard Whitehall FDS
HIGH DIV YLD
$5.7M38.6K
2.1%
−2.0%
Reduced · −791 sh
13State STR SPDR S&P 500 ETF T
TR UNIT
$5.6M8.7K
2.1%
+0.3%
Added · +30 sh
14Vanguard Intl Equity Index F
FTSE EMR MKT ETF
$5.6M103.9K
2.1%
−1.4%
Reduced · −2K sh
15Ishares TR
CORE INTL AGGR
$5.4M107.0K
2.0%
+19%
Added · +17K sh
16Schwab Strategic TR
INTL EQTY ETF
$5.3M212.4K
2.0%
−1.8%
Reduced · −4K sh
17Vanguard Specialized Funds
DIV APP ETF
$5.1M23.6K
1.9%
−2.3%
Reduced · −547 sh
18Vanguard World FD
MEGA GRWTH IND
$4.5M12.1K
1.7%
−0.9%
Reduced · −114 sh
19Schwab Strategic TR
US DIVIDEND EQ
$4.4M144.3K
1.6%
−1.5%
Reduced · −2K sh
20Vanguard World FD
MEGA CAP VAL ETF
$4.4M30.2K
1.6%
−2.8%
Reduced · −871 sh
21Amazon Com Inc
COM
$4.3M20.7K
1.6%
−2.5%
Reduced · −522 sh
22Vanguard Scottsdale FDS
SHORT TERM TREAS
$3.8M65.8K
1.4%
−1.4%
Reduced · −944 sh
23Vanguard Whitehall FDS
INTL HIGH ETF
$3.3M35.5K
1.2%
−0.1%
Reduced · −22 sh
24Schwab Strategic TR
US AGGREGATE B
$3.2M138.2K
1.2%
−5.5%
Reduced · −8K sh
25Schwab Strategic TR
SHT TM US TRES
$2.8M115.7K
1.0%
−1.7%
Reduced · −2K sh
26SPDR Index SHS FDS
STATE STREET SPD
$2.7M59.5K
1.0%
−0.4%
Reduced · −223 sh
27SPDR Series Trust
STATE STREET SPD
$2.5M96.0K
0.9%
+45%
Added · +30K sh
28SPDR Index SHS FDS
STATE STREET SPD
$2.3M30.6K
0.9%
−0.3%
Reduced · −108 sh
29Schwab Strategic TR
EMRG MKTEQ ETF
$2.1M63.9K
0.8%
−11%
Reduced · −8K sh
30Vanguard Whitehall FDS
EM MK GOV BD ETF
$2.0M29.7K
0.7%
−0.6%
Reduced · −169 sh
31Schwab Strategic TR
US TIPS ETF
$1.9M72.6K
0.7%
−0.1%
Reduced · −40 sh
32Schwab Strategic TR
MUN BD ETF
$1.9M73.5K
0.7%
+7.9%
Added · +5K sh
33SPDR Series Trust
STATE STREET SPD
$1.8M71.8K
0.7%
16×
Added · +67K sh
34Vanguard Index FDS
REAL ESTATE ETF
$1.6M18.0K
0.6%
−12%
Reduced · −2K sh
35Vanguard Intl Equity Index F
FTSE EUROPE ETF
$1.5M18.5K
0.6%
+1.0%
Added · +181 sh
36Ishares Inc
EURO HIGH YIELD
$1.5M27.9K
0.5%
−5.9%
Reduced · −2K sh
37Vanguard Malvern FDS
STRM INFPROIDX
$1.4M28.8K
0.5%
−1.7%
Reduced · −510 sh
38Vanguard Mun BD FDS
TAX EXEMPT BD
$1.4M27.6K
0.5%
+22%
Added · +5K sh
39Schwab Strategic TR
US LRG CAP ETF
$1.4M53.6K
0.5%
−4.0%
Reduced · −2K sh
40Vanguard Index FDS
GROWTH ETF
$1.4M3.1K
0.5%
−4.2%
Reduced · −137 sh
41Schwab Strategic TR
US REIT ETF
$1.3M61.9K
0.5%
+3.3%
Added · +2K sh
42Vanguard Whitehall FDS
INTL DVD ETF
$1.3M14.8K
0.5%
Held
43SPDR Gold TR
GOLD SHS
$1.3M3.0K
0.5%
Held
44J P Morgan Exchange Traded F
BETABUILDERS EUR
$1.3M17.7K
0.5%
−20%
Reduced · −4K sh
45Vanguard Tax-Managed FDS
VAN FTSE DEV MKT
$1.3M19.7K
0.5%
~0%
Reduced · −1 sh
46Ishares TR
0-5 YR TIPS ETF
$1.2M12.0K
0.5%
+0.1%
Added · +7 sh
47Vanguard Index FDS
VALUE ETF
$1.2M6.3K
0.5%
+4.3%
Added · +259 sh
48Vanguard Scottsdale FDS
INTER TERM TREAS
$1.2M20.3K
0.5%
Held
49Alphabet Inc
CAP STK CL A
$1.2M4.2K
0.4%
Held
50Vanguard World FD
MEGA CAP INDEX
$1.2M4.9K
0.4%
−16%
Reduced · −905 sh
Showing 50 of 506 positions

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 2026506$268.9M13F-HR
Q4 2025Dec 31, 2025Feb 2, 2026497$276.4M13F-HR
Q3 2025Sep 30, 2025Oct 3, 2025530$271.2M13F-HR
Q2 2025Jun 30, 2025Jul 9, 2025310$258.5M13F-HR
Q1 2025Mar 31, 2025Apr 17, 2025315$234.2M13F-HR
Q4 2024Dec 31, 2024Jan 16, 2025309$235.2M13F-HR/A
Q3 2024Sep 30, 2024Jan 16, 2025310$239.5M13F-HR/A
Q2 2024Jun 30, 2024Aug 8, 2024317$223.6M13F-HR
Q1 2024Mar 31, 2024Jun 14, 2024314$217.3M13F-HR
Amended / restated
  • Q4 2024 · filed Jan 14, 202513F-HR · superseded
  • Q3 2024 · filed Nov 5, 202413F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.