Arkolith/Funds/Shearwater Capital LLC

Shearwater Capital LLC

CIK 1905665
Holdings as of Jun 30, 2026·disclosed Jul 8, 2026·~8-day 13F lag·13F-HR
Active Filer

Shearwater Capital LLC holds a concentrated book of 65 reported positions worth $209.4M as of Q2 2026 (disclosed Jul 8, 2026, a ~8-day 13F lag). This quarter they opened Dimensional International SM and trimmed Dimensional US Marketwide Va. Their largest long position is Dimensional US Core Equity 2 at 36% of the reported non-option book. Cloning the disclosed picks since 2025 would be +35% (+19.6%/yr). That is a simulation of the disclosed long book, not audited returns.

Growth of $10,000: cloning the disclosed book

If you'd copied them
+35.2%
+19.6%/yr · since Jan '25
Their reported book
+29.4%
held from quarter-end
S&P 500
+31.5%
same window
$9K$10K$11K$12K$14KJan '25May '25Sep '25Jan '26May '26Sep '26
Shearwater Capital LLC (copied at disclosure) S&P 500

Following at the filing date actually beat the quarter-end book by 5.8 points over this window.

Growth of $10,000 cloning Shearwater Capital LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~8 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.

How much sits in the biggest positions

Top-heavy: concentrated book

Top 5 holdings
67%
Top 10 holdings
77%
Top 20 holdings
87%

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

Where the money is, by sector

14% mapped to company sectors

ETFs / funds
83%
Information Technology
5%
Financials
4%
No sector on file yet
3%
Consumer Discretionary
3%
Materials
1%

+3 sectors below the cut, 1% together

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 (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Shearwater Capital LLC

Manager / fundShared namesTheir $ in those
Innovator Capital Management, LLC6 / 65$2.9B
Pandowealth. LLC10 / 65$117.2M
Richard Young Associates, Ltd.12 / 65$142.8M
Swiss Re Ltd18 / 65$1.0B
Mirae Asset Global Investments Co., Ltd.30 / 65$273.9B
HFM Investment Advisors, LLC30 / 65$258.7M
Index Fund Advisors, Inc.39 / 65$2.2B
Dixon Fnancial Services, Inc.21 / 65$212.4M

Ranked by the share of each fund's own book sitting in the names it shares with Shearwater Capital LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

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

65 positions
#SecurityValueShares% PortLast moveHistory
1Dimensional ETF Trust
US CORE EQUITY 2
$76.0M1.71M
36.3%
+0.6%
Added · +9K sh
2Dimensional ETF Trust
WORLD EX US CORE
$33.9M920.8K
16.2%
+1.9%
Added · +17K sh
3Dimensional ETF Trust
INTERNATNAL VAL
$18.5M342.5K
8.8%
Held
4Dimensional ETF Trust
US MKTWIDE VALUE
$6.8M123.2K
3.2%
−7.4%
Reduced · −10K sh
5Dimensional ETF Trust
US TARGETED VLU
$5.7M82.1K
2.7%
Held
6Berkshire Hathaway Inc Del
CL B NEW
$5.2M10.5K
2.5%
Held
7Docusign Inc
COM
$5.0M113.4K
2.4%
Held
8Dimensional ETF Trust
EMERGING MKTS CO
$3.8M94.3K
1.8%
+13%
Added · +11K sh
9Amazon Com Inc
COM
$3.4M14.4K
1.6%
−1.2%
Reduced · −172 sh
10Dimensional ETF Trust
INTL CORE EQT MK
$3.1M74.5K
1.5%
~0%
Added · +6 sh
11Dimensional ETF Trust
US EQUITY ETF
$2.8M34.5K
1.4%
−16%
Reduced · −6K sh
12Ishares TR
CORE S&P500 ETF
$2.7M3.6K
1.3%
−3.1%
Reduced · −116 sh
13Schwab Strategic TR
US LRG CAP ETF
$2.3M77.3K
1.1%
Held
14Dimensional ETF Trust
US SMALL CAP ETF
$1.9M23.5K
0.9%
Held
15Dimensional ETF Trust
NATIONAL MUNICIP
$1.9M39.8K
0.9%
−9.8%
Reduced · −4K sh
16Tesla Inc
COM
$1.9M4.5K
0.9%
−0.2%
Reduced · −10 sh
17Dimensional ETF Trust
INTL SMALL CAP V
$1.7M42.0K
0.8%
+36%
Added · +11K sh
18Steel Dynamics Inc
COM
$1.7M7.3K
0.8%
Held
19Dimensional ETF Trust
INFLATION PROTE
$1.6M39.6K
0.8%
−6.8%
Reduced · −3K sh
20SPDR Gold TR
GOLD SHS
$1.6M4.3K
0.8%
Held
21Dimensional ETF Trust
CORE FIXED INCOM
$1.4M34.0K
0.7%
−0.4%
Reduced · −146 sh
22Schwab Strategic TR
US SML CAP ETF
$1.4M39.7K
0.7%
Held
23Dimensional ETF Trust
EMGR CRE EQT MNG
$1.4M34.0K
0.7%
~0%
Added · +9 sh
24Schwab Strategic TR
US MID-CAP ETF
$1.3M36.3K
0.6%
Held
25Dimensional ETF Trust
US SMALL CAP VAL
$1.3M33.5K
0.6%
+10.0%
Added · +3K sh
26Nvidia Corporation
COM
$1.3M6.5K
0.6%
−6.9%
Reduced · −479 sh
27Schwab Strategic TR
US DIVIDEND EQ
$1.3M39.9K
0.6%
Held
28Alphabet Inc
CAP STK CL C
$1.1M3.0K
0.5%
−0.6%
Reduced · −18 sh
29Dimensional ETF Trust
GLOBAL CORE PLUS
$1.0M19.0K
0.5%
+10%
Added · +2K sh
30Schwab Strategic TR
US AGGREGATE B
$967K41.8K
0.5%
Held
31Dimensional ETF Trust
GLOBAL REAL EST
$807K27.8K
0.4%
+12%
Added · +3K sh
32Vanguard Index FDS
S&P 500 ETF SHS
$789K1.1K
0.4%
+0.2%
Added · +2 sh
33Berkshire Hathaway Inc Del
CL A
$749K1
0.4%
Held
34Apple Inc
COM
$713K2.5K
0.3%
−11%
Reduced · −311 sh
35Dimensional ETF Trust
US HIGH PROFITAB
$692K16.6K
0.3%
Held
36C3 AI Inc
CL A
$644K70.8K
0.3%
+5.3%
Added · +4K sh
37Humana Inc
COM
$631K1.6K
0.3%
Held
38Vanguard Index FDS
TOTAL STK MKT
$574K1.6K
0.3%
+0.1%
Added · +2 sh
39Affirm Hldgs Inc
COM CL A
$571K7.0K
0.3%
Held
40Schwab Strategic TR
US TIPS ETF
$564K21.3K
0.3%
Held
41Ishares TR
S&P 500 GRWT ETF
$527K3.8K
0.3%
Held
42JPMorgan Chase & Co
COM
$455K1.4K
0.2%
−1.0%
Reduced · −14 sh
43Deere & Co
COM
$439K692
0.2%
Held
44Moodys Corp
COM
$437K964
0.2%
Held
45Dimensional ETF Trust
INTL SMALL CAP E
$429K12.2K
0.2%
New
New position
46Oracle Corp
COM
$423K2.9K
0.2%
+11%
Added · +296 sh
47Adobe Inc
COM
$413K2.0K
0.2%
−0.1%
Reduced · −2 sh
48Marriott Intl Inc New
CL A
$408K1.1K
0.2%
−0.2%
Reduced · −2 sh
49Invesco QQQ TR
UNIT SER 1
$381K518
0.2%
Held
50Schwab Strategic TR
INTL EQTY ETF
$369K13.3K
0.2%
Held
Showing 50 of 65 positions
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Filing history

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

$209.4M · Q2 2026Q4 2024 · $147.4MQ2 2026 · $209.4M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 8, 20268d65$209.4M13F-HR
Q1 2026Mar 31, 2026Apr 9, 20269d71$190.7M13F-HR
Q4 2025Dec 31, 2025Jan 13, 202613d53$174.2M13F-HR
Q3 2025Sep 30, 2025Oct 16, 202516d50$168.5M13F-HR
Q2 2025Jun 30, 2025Jul 14, 202514d50$159.0M13F-HR
Q1 2025Mar 31, 2025Apr 8, 20258d45$142.3M13F-HR/A
Q4 2024Dec 31, 2024Jan 8, 20258d45$147.4M13F-HR
Amended / restated
  • Q1 2025 · filed Apr 8, 202513F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. 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.