Royal Fund Management, LLC

CIK 0001810099 · Q2 2026

13F Equity AUM

$1.2B

+13.9% QoQ

Positions

273

+15 QoQ

AUM Rank

#2,129

Top 25%

Skill Alpha (FF)

-1.4%/yr^ns

No Clear Edge

Rank #4,986 · Top 60%

vs S&P -2.3%/yr (unadj.)

Quarters Tracked

~9 years

Portfolio Concentration

Top 5: 12.6%Top 10: 20.5%Top 20: 32.8%

NDQ3.5%

VOO3.4%

XBI2.0%

SPY1.9%

LRCX1.8%

NVDA1.8%

IVW1.7%

IJR1.6%

TLT1.5%

JPM1.4%

Others (263)79.5%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services48.7%

Technology18.9%

Healthcare5.5%

Industrials5.2%

Consumer Cyclical4.5%

Consumer Defensive4.3%

Energy3.1%

Communication Services3.0%

Other7.0%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 273Median: 0.19%Avg: 0.37%

0–0.5%

201(30.5%)

0.5–1%

49(33.6%)

1–3%

21(29.0%)

3–5%

2(6.9%)

5%+

0(0.0%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 273vs 20 funds

0%Low

273

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New38Increased131Decreased95Exited22

New Positions

LRCX1.8%

+49K

IJR1.6%

+127K

EEM1.3%

+229K

GOOGL1.2%

+42K

IWM1.0%

+39K

MGV0.5%

+35K

SPACE EXPLORATION TE…0.4%

+28K

CVNA0.4%

+70K

INTC0.4%

+33K

CRWV0.4%

+43K

Increased

XLE0.7%

+138K(+1398%)

VGT1.2%

+110K(+706%)

VUG0.9%

+108K(+513%)

CAG0.2%

+104K(+274%)

MGK0.8%

+83K(+384%)

XLK1.0%

+47K(+319%)

VOOG0.3%

+42K(+474%)

SHOP0.4%

+32K(+504%)

NFLX0.2%

+31K(+993%)

SLV0.3%

+25K(+77%)

Decreased

RKT0.3%

-195,640(-43%)

6RJ00.0%

-108,948(-98%)

MRVL0.0%

-87,489(-99%)

OKTA0.0%

-79,600(-96%)

NI0.0%

-68,000(-89%)

ARM0.0%

-62,235(-98%)

TWLO0.0%

-56,500(-97%)

DDOG0.7%

-49,673(-60%)

AFRM0.0%

-46,800(-92%)

NVDA1.8%

-45,076(-30%)

Exited

-214,639

-30,705

-113,743

-39,407

-24,800

-35,762

-37,948

LHX

-4,422

XYL

-11,544

SONY

-62,997

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...