Hoese & Co LLP

CIK 0001840268 · Q1 2026

13F Equity AUM

$134.7M

-4.0% QoQ

Positions

135

-1 QoQ

AUM Rank

#8,949

Top 72%

Skill Alpha (FF)

-2.5%/yr

Underperformer

Rank #5,768 · Top 70%

vs S&P -6.0%/yr (unadj.)

Quarters Tracked

~5 years

Portfolio Concentration

Top 5: 53.6%Top 10: 75.1%Top 20: 90.8%

IEI19.9%

IVV11.8%

SPHQ9.1%

DYNF6.6%

DGRO6.3%

VIG5.5%

IETC4.8%

QUAL3.9%

IGEB3.6%

VTIP3.6%

Others (125)24.9%

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

Sector Allocation

Financial Services92.5%

Other7.5%

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

Position Sizing

Positions: 135Median: 0.06%Avg: 0.74%

0–0.5%

116(9.7%)

0.5–1%

2(1.6%)

1–3%

6(10.4%)

3–5%

5(19.2%)

5%+

6(59.1%)

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

Loading summary cards...

Portfolio Overlap

Shared: 135Unique: 0vs 20 funds

1.8%Low

135

Fund positions

7,299

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.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

JPMORGAN CHASE & CO

2.8%

MORGAN STANLEY

2.6%

BANK OF AMERICA CORP /DE/

2.8%

FMR LLC

4.5%

BlackRock, Inc.

STATE STREET CORP

2.8%

VANGUARD CAPITAL MANAGEMENT LLC

2.6%

VANGUARD PORTFOLIO MANAGEMENT LLC

3.1%

GEODE CAPITAL MANAGEMENT, LLC

2.5%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New1Increased6Decreased19Exited2

New Positions

VSNT0.0%

+120

Increased

DYNF6.6%

+69K(+84%)

IETC4.8%

+42K(+136%)

DGRO6.3%

+7K(+6%)

VTIP3.6%

+5K(+5%)

IEI19.9%

+5K(+2%)

MSFT0.4%

+100(+8%)

Decreased

SPHQ9.1%

-30,332(-16%)

IUSB1.5%

-18,184(-30%)

IVV11.8%

-8,375(-26%)

QUAL3.9%

-4,543(-14%)

IGEB3.6%

-2,172(-2%)

VIG5.5%

-1,478(-4%)

IQLT0.3%

-1,100(-13%)

USMV1.2%

-1,004(-5%)

VOO3.2%

-952(-12%)

SDVY0.0%

-647(-52%)

Exited

ACN

-180

XBXMX

-875

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

Loading position changes...

Holdings

Loading holdings...