Invariant Investment Management

Invariant Investment Management as of Dec. 31, 2025

Portfolio Holdings for Invariant Investment Management

Invariant Investment Management holds 71 positions in its portfolio as reported in the December 2025 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Invesco Exchange Traded Fd T S&p500 Eql Wgt (RSP) 14.6 $23M 115k 197.60
Ishares Tr 7-10 Yr Trsy Bd (IEF) 13.1 $21M 213k 96.30
American Centy Etf Tr Intl Smcp Vlu (AVDV) 11.1 $17M 178k 97.19
American Centy Etf Tr Us Sml Cp Valu (AVUV) 10.3 $16M 151k 107.33
American Centy Etf Tr Avantis Emgmkt (AVEM) 6.1 $9.5M 118k 79.98
Ishares Tr 1 3 Yr Treas Bd (SHY) 5.7 $8.9M 107k 82.83
Ishares Tr 0-3 Mnth Treasry (SGOV) 4.9 $7.7M 77k 100.47
J P Morgan Exchange Traded F Ultra Shrt Etf (JPST) 3.2 $5.0M 98k 50.63
Vanguard Index Fds S&p 500 Etf Shs (VOO) 3.2 $5.0M 7.8k 638.34
J P Morgan Exchange Traded F Ultra Sht Muncpl (JMST) 1.9 $3.0M 60k 51.02
Invesco Exch Trd Slf Idx Bulshs 2028 Muni (BSMS) 1.7 $2.7M 113k 23.56
American Centy Etf Tr Us Eqt Etf (AVUS) 1.6 $2.5M 22k 115.05
Ishares Tr Mbs Etf (MBB) 1.1 $1.7M 18k 95.80
Apple (AAPL) 0.8 $1.2M 4.7k 259.37
Ulta Salon, Cosmetics & Fragrance (ULTA) 0.8 $1.2M 1.8k 666.09
Cardinal Health (CAH) 0.7 $1.1M 5.5k 201.11
McKesson Corporation (MCK) 0.7 $1.1M 1.4k 816.07
NVIDIA Corporation (NVDA) 0.7 $1.1M 5.9k 184.87
Altria (MO) 0.7 $1.1M 19k 57.53
Visa Com Cl A (V) 0.6 $969k 2.8k 349.76
Kla Corp Com New (KLAC) 0.6 $943k 674.00 1399.11
O'reilly Automotive (ORLY) 0.6 $939k 10k 93.80
Lowe's Companies (LOW) 0.6 $931k 3.5k 267.19
EQT Corporation (EQT) 0.6 $922k 18k 51.09
Mastercard Incorporated Cl A (MA) 0.6 $901k 1.6k 575.55
W.W. Grainger (GWW) 0.6 $900k 874.00 1029.23
Adobe Systems Incorporated (ADBE) 0.6 $899k 2.7k 333.95
Tesla Motors (TSLA) 0.6 $871k 2.0k 445.01
Spdr Series Trust State Street Spd (BIL) 0.5 $814k 8.9k 91.47
NetApp (NTAP) 0.5 $792k 7.5k 105.39
Colgate-Palmolive Company (CL) 0.5 $739k 9.1k 81.48
Domino's Pizza (DPZ) 0.5 $726k 1.8k 405.20
EOG Resources (EOG) 0.5 $722k 6.9k 104.92
Lululemon Athletica (LULU) 0.4 $668k 3.3k 203.90
Apollo Global Mgmt (APO) 0.4 $663k 4.5k 145.81
Lennox International (LII) 0.4 $657k 1.2k 530.21
Ishares Tr Core Us Aggbd Et (AGG) 0.4 $606k 6.0k 100.15
Johnson & Johnson (JNJ) 0.4 $586k 2.9k 204.38
Sprott Asset Management Physical Gold Tr (PHYS) 0.3 $546k 16k 34.41
Bank of New York Mellon Corporation (BK) 0.3 $545k 4.6k 119.05
Invesco Exchange Traded Fd T S&p500 Quality (SPHQ) 0.3 $510k 6.6k 77.35
Ishares Tr Core S&p Us Vlu (IUSV) 0.3 $452k 4.3k 105.23
Vanguard Index Fds Total Stk Mkt (VTI) 0.3 $434k 1.3k 342.46
Microsoft Corporation (MSFT) 0.3 $424k 884.00 479.05
Spdr Gold Tr Gold Shs (GLD) 0.3 $419k 1.0k 414.47
Vaneck Etf Trust Jp Mrgan Em Loc (EMLC) 0.3 $415k 16k 25.86
Invesco Exch Trd Slf Idx Bulletshs 32 Mun (BSMW) 0.3 $406k 16k 25.29
Gartner (IT) 0.3 $406k 1.6k 248.02
Invesco Exch Trd Slf Idx Bulshs 2029 Muni (BSMT) 0.3 $402k 17k 23.26
Invesco Exchange Traded Fd T Rafi Us 1500 (PRFZ) 0.2 $386k 8.0k 48.26
Philip Morris International (PM) 0.2 $379k 2.3k 162.61
Vanguard Scottsdale Fds Shrt Trm Corp Bd (VCSH) 0.2 $363k 4.6k 79.76
TransDigm Group Incorporated (TDG) 0.2 $347k 249.00 1393.27
Invesco Exch Trd Slf Idx Bulshs 2027 Muni (BSMR) 0.2 $346k 15k 23.74
Invesco Exch Trd Slf Idx Bulshs 2026 Muni (BSMQ) 0.2 $346k 15k 23.68
Vanguard Bd Index Fds Total Bnd Mrkt (BND) 0.2 $341k 4.6k 74.29
American Centy Etf Tr Real Estate Etf (AVRE) 0.2 $329k 7.5k 43.99
Abbvie (ABBV) 0.2 $327k 1.5k 220.14
Vanguard Scottsdale Fds Short Term Treas (VGSH) 0.2 $322k 5.5k 58.74
PPL Corporation (PPL) 0.2 $301k 8.7k 34.59
Hershey Company (HSY) 0.2 $283k 1.5k 189.03
Victory Portfolios Ii Vicshs Dv Ac Etf (VSDA) 0.2 $280k 5.2k 54.32
Chevron Corporation (CVX) 0.2 $267k 1.6k 162.13
Procter & Gamble Company (PG) 0.2 $252k 1.8k 141.86
Applied Materials (AMAT) 0.2 $249k 826.00 301.27
Select Sector Spdr Tr State Street Ene (XLE) 0.2 $249k 5.3k 46.67
Blackstone Group Inc Com Cl A (BX) 0.2 $235k 1.5k 157.66
Alphabet Cap Stk Cl A (GOOGL) 0.1 $231k 702.00 328.38
Ishares Silver Tr Ishares (SLV) 0.1 $229k 3.2k 72.38
Vanguard Intl Equity Index F Ftse Emr Mkt Etf (VWO) 0.1 $225k 4.1k 55.43
Ishares Tr 3 7 Yr Treas Bd (IEI) 0.1 $202k 1.7k 119.32