Breakwater Investment Management

13F filer · CIK 0002025925

Reported Aug 6, 2026

Net buyer this quarter

13F portfolio value$294MU.S. long equity reported on 13F

Positions416151 new · 60 closed

Net flow last quarter+$434KBuys minus sells

Top 10 positions weight11.7%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 6, 2026416 positions
MSFTMicrosoft Corp	$9.13M	3.11%	0.00%	-2.0%	Q1 2024
SPYSPDR S&P 500 ETF Trust	$6.45M	2.19%	Not reported	-0.3%	Q1 2024
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$5.85M	1.99%	Not reported	-4.2%	Q1 2024
AMZNAmazon Com Inc	$4.77M	1.62%	0.00%	-3.4%	Q1 2024
SPABASTROTECH Corp	$3.14M	1.07%	Not reported	+28.2%	Q1 2024
GOOGLAlphabet Inc.	$1.51M	0.51%	0.00%	+0.6%	Q1 2024
SPTSSports Media Inc	$1.34M	0.46%	Not reported	+54.4%	Q1 2024
GLDSPDR Gold Trust	$1.07M	0.36%	0.00%	-4.2%	Q1 2024
JIVEJive Software, Inc.	$514K	0.17%	0.01%	-2.5%	Q2 2025
BSVNBank7 Corp.	$513K	0.17%	0.07%	-1.3%	Q1 2024
AAPLApple Inc.	$471K	0.16%	0.00%	+2.7%	Q1 2024
GOOGAlphabet Inc.	$437K	0.15%	Not reported	+0.4%	Q1 2024
NVDANvidia Corp	$249K	0.08%	0.00%	+6.2%	Q1 2024
MDYSPDR S&P Midcap 400 ETF Trust	$245K	0.08%	Not reported	Not reported	Q1 2024
PLTRPalantir Technologies Inc.	$244K	0.08%	0.00%	+0.4%	Q1 2024
WMTWalmart Inc.	$222K	0.08%	0.00%	Not reported	Q1 2024
VPLInvesco Pennsylvania Value Municipal Income Trust	$196K	0.07%	Not reported	-19.5%	Q1 2024
XOMExxonMobil Holdings Corp	$195K	0.07%	0.00%	Not reported	Q1 2024
GSGiShares S&P GSCI Commodity-Indexed Trust	$194K	0.07%	0.02%	-20.0%	Q1 2024
GRMNGarmin Ltd	$188K	0.06%	0.00%	Not reported	Q1 2024
TMOThermo Fisher Scientific Inc.	$180K	0.06%	0.00%	+0.8%	Q1 2024
ISRGIntuitive Surgical Inc	$180K	0.06%	0.00%	Not reported	Q1 2024
FNDFSchwab Strategic Trust	$164K	0.06%	Not reported	Not reported	Q1 2024
OMEROmeros Corp	$162K	0.06%	0.02%	Not reported	Q1 2024
QQQInvesco QQQ Trust, Series 1	$153K	0.05%	Not reported	Not reported	Q1 2024
SBUXStarbucks Corp	$145K	0.05%	0.00%	-5.0%	Q1 2024
FLRFluor Corp	$141K	0.05%	0.00%	Not reported	Q1 2024
BACBank of America Corp	$137K	0.05%	0.00%	+0.5%	Q1 2024
METAMeta Platforms, Inc.	$137K	0.05%	Not reported	+3.0%	Q1 2024
HLTHilton Worldwide Holdings Inc.	$131K	0.04%	0.00%	+0.8%	Q1 2024
SMHMarket Vectors ETF Trust	$121K	0.04%	Not reported	Not reported	Q1 2024
AMPAmeriprise Financial Inc	$120K	0.04%	0.00%	Not reported	Q1 2024
ROKRockwell Automation, Inc	$112K	0.04%	0.00%	+0.4%	Q1 2024
CSCOCisco Systems, Inc.	$105K	0.04%	0.00%	+1.4%	Q1 2024
IAUIshares Gold Trust	$101K	0.03%	0.00%	-9.5%	Q1 2024
HDHome Depot, Inc.	$91K	0.03%	0.00%	+3.2%	Q1 2024
MAMastercard Inc	$83.7K	0.03%	0.00%	-8.4%	Q1 2024
TJXTJX Companies Inc	$77.9K	0.03%	0.00%	-1.9%	Q1 2024
BABoeing Co	$76K	0.03%	0.00%	Not reported	Q1 2024
LOWLowes Companies Inc	$75.6K	0.03%	0.00%	-0.6%	Q1 2024
CVXChevron Corp	$75.6K	0.03%	0.00%	-0.7%	Q1 2024
LLYELI LILLY & Co	$70.8K	0.02%	0.00%	+68.6%	Q1 2024
AVGOBroadcom Inc.	$69.5K	0.02%	0.00%	+8.2%	Q1 2024
ECLEcolab Inc.	$64.4K	0.02%	0.00%	-0.9%	Q1 2024
COSTCostco Wholesale Corp	$63.6K	0.02%	0.00%	Not reported	Q1 2024
ICEIntercontinental Exchange, Inc.	$59.1K	0.02%	0.00%	-0.6%	Q1 2024
ADBEAdobe Inc.	$57.4K	0.02%	0.00%	-0.7%	Q1 2024
PGPROCTER & GAMBLE Co	$54.3K	0.02%	0.00%	+1.1%	Q1 2024
DHRDanaher Corp	$52K	0.02%	0.00%	-11.4%	Q1 2024
PCYNProcyon Corp	$48.3K	0.02%	0.03%	Not reported	Q1 2024

Q1 2026Reported May 15, 2026323 positions
MSFTMicrosoft Corp	$9.24M	3.44%	0.00%	-1.2%	Q1 2024
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$5.72M	2.13%	Not reported	-2.0%	Q1 2024
SPYSPDR S&P 500 ETF Trust	$5.63M	2.09%	Not reported	+0.4%	Q1 2024
AMZNAmazon Com Inc	$4.31M	1.60%	0.00%	-2.5%	Q1 2024
SPABASTROTECH Corp	$2.46M	0.91%	Not reported	+45.0%	Q1 2024
GLDSPDR Gold Trust	$1.3M	0.48%	0.00%	Not reported	Q1 2024
GOOGLAlphabet Inc.	$1.21M	0.45%	0.00%	Not reported	Q1 2024
SPTSSports Media Inc	$876K	0.33%	Not reported	+11.1%	Q1 2024
BSVNBank7 Corp.	$523K	0.19%	0.07%	Not reported	Q1 2024
JIVEJive Software, Inc.	$491K	0.18%	0.01%	+6.3%	Q2 2025
AAPLApple Inc.	$402K	0.15%	0.00%	Not reported	Q1 2024
GOOGAlphabet Inc.	$353K	0.13%	Not reported	Not reported	Q1 2024
PLTRPalantir Technologies Inc.	$305K	0.11%	0.00%	-0.4%	Q1 2024
GSGiShares S&P GSCI Commodity-Indexed Trust	$273K	0.10%	0.02%	Not reported	Q1 2024
WMTWalmart Inc.	$244K	0.09%	0.00%	Not reported	Q1 2024
XOMExxonMobil Holdings Corp	$241K	0.09%	0.00%	-2.7%	Q1 2024
MDYSPDR S&P Midcap 400 ETF Trust	$215K	0.08%	Not reported	-8.2%	Q1 2024
ISRGIntuitive Surgical Inc	$208K	0.08%	0.00%	+0.2%	Q1 2024
VPLInvesco Pennsylvania Value Municipal Income Trust	$205K	0.08%	Not reported	Not reported	Q1 2024
NVDANvidia Corp	$205K	0.08%	0.00%	-6.5%	Q1 2024
GRMNGarmin Ltd	$184K	0.07%	0.00%	+0.3%	Q1 2024
OMEROmeros Corp	$180K	0.07%	0.02%	Not reported	Q1 2024
TMOThermo Fisher Scientific Inc.	$175K	0.07%	0.00%	-0.6%	Q1 2024
FNDFSchwab Strategic Trust	$152K	0.06%	Not reported	-6.9%	Q1 2024
METAMeta Platforms, Inc.	$135K	0.05%	Not reported	-45.8%	Q1 2024
SBUXStarbucks Corp	$134K	0.05%	0.00%	+5.3%	Q1 2024
IAUIshares Gold Trust	$130K	0.05%	0.00%	Not reported	Q1 2024
FLRFluor Corp	$126K	0.05%	0.00%	Not reported	Q1 2024
QQQInvesco QQQ Trust, Series 1	$120K	0.04%	Not reported	Not reported	Q1 2024
HLTHilton Worldwide Holdings Inc.	$120K	0.04%	0.00%	Not reported	Q1 2024
BACBank of America Corp	$117K	0.04%	0.00%	-1.6%	Q1 2024
AMPAmeriprise Financial Inc	$116K	0.04%	0.00%	Not reported	Q1 2024
CVXChevron Corp	$95K	0.04%	0.00%	+1.3%	Q1 2024
MAMastercard Inc	$88.9K	0.03%	0.00%	Not reported	Q1 2024
TJXTJX Companies Inc	$83.7K	0.03%	0.00%	Not reported	Q1 2024
HDHome Depot, Inc.	$82.2K	0.03%	0.00%	Not reported	Q1 2024
LOWLowes Companies Inc	$81.5K	0.03%	0.00%	-2.8%	Q1 2024
ROKRockwell Automation, Inc	$81.1K	0.03%	0.00%	Not reported	Q1 2024
ICEIntercontinental Exchange, Inc.	$76K	0.03%	0.00%	Not reported	Q1 2024
SMHMarket Vectors ETF Trust	$70.9K	0.03%	Not reported	Not reported	Q1 2024
BABoeing Co	$69.9K	0.03%	0.00%	Not reported	Q1 2024
ADBEAdobe Inc.	$68.5K	0.03%	0.00%	+0.4%	Q1 2024
CSCOCisco Systems, Inc.	$68.1K	0.03%	0.00%	-41.2%	Q1 2024
COSTCostco Wholesale Corp	$67.8K	0.03%	0.00%	-18.1%	Q1 2024
ECLEcolab Inc.	$62K	0.02%	0.00%	+0.9%	Q1 2024
DHRDanaher Corp	$58.4K	0.02%	0.00%	-10.2%	Q1 2024
PGPROCTER & GAMBLE Co	$52.9K	0.02%	0.00%	-1.6%	Q1 2024
AVGOBroadcom Inc.	$52.6K	0.02%	0.00%	-4.5%	Q1 2024
HONHoneywell International Inc	$51.5K	0.02%	0.00%	Not reported	Q1 2024
LMTLockheed Martin Corp	$51.4K	0.02%	0.00%	-15.8%	Q1 2024

Q4 2025Reported Feb 2, 2026315 positions
MSFTMicrosoft Corp	$12.2M	4.42%	0.00%	-8.5%	Q1 2024
SPYSPDR S&P 500 ETF Trust	$5.88M	2.13%	Not reported	-0.5%	Q1 2024
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$5.66M	2.05%	Not reported	-3.0%	Q1 2024
AMZNAmazon Com Inc	$4.9M	1.77%	0.00%	-0.1%	Q1 2024
SPABASTROTECH Corp	$1.71M	0.62%	Not reported	+6.8%	Q1 2024
GOOGLAlphabet Inc.	$1.32M	0.48%	0.00%	-0.6%	Q1 2024
GLDSPDR Gold Trust	$1.2M	0.43%	0.00%	+2.6%	Q1 2024
SPTSSports Media Inc	$791K	0.29%	Not reported	+2.2%	Q1 2024
BSVNBank7 Corp.	$525K	0.19%	0.07%	Not reported	Q1 2024
JIVEJive Software, Inc.	$433K	0.16%	0.01%	+40.9%	Q2 2025
AAPLApple Inc.	$431K	0.16%	0.00%	-1.7%	Q1 2024
GOOGAlphabet Inc.	$387K	0.14%	Not reported	Not reported	Q1 2024
PLTRPalantir Technologies Inc.	$372K	0.13%	0.00%	Not reported	Q1 2024
OMEROmeros Corp	$293K	0.11%	0.02%	Not reported	Q1 2024
METAMeta Platforms, Inc.	$287K	0.10%	Not reported	-0.7%	Q1 2024
ISRGIntuitive Surgical Inc	$255K	0.09%	0.00%	-0.2%	Q1 2024
NVDANvidia Corp	$234K	0.08%	0.00%	-4.1%	Q1 2024
MDYSPDR S&P Midcap 400 ETF Trust	$229K	0.08%	Not reported	Not reported	Q1 2024
WMTWalmart Inc.	$218K	0.08%	0.00%	Not reported	Q1 2024
TMOThermo Fisher Scientific Inc.	$208K	0.08%	0.00%	-0.3%	Q1 2024
GSGiShares S&P GSCI Commodity-Indexed Trust	$195K	0.07%	0.02%	Not reported	Q1 2024
VPLInvesco Pennsylvania Value Municipal Income Trust	$190K	0.07%	Not reported	Not reported	Q1 2024
XOMExxonMobil Holdings Corp	$176K	0.06%	0.00%	+0.8%	Q1 2024
GRMNGarmin Ltd	$160K	0.06%	0.00%	-0.3%	Q1 2024
FNDFSchwab Strategic Trust	$151K	0.05%	Not reported	Not reported	Q1 2024
BACBank of America Corp	$134K	0.05%	0.00%	+2.0%	Q1 2024
AMPAmeriprise Financial Inc	$128K	0.05%	0.00%	+0.4%	Q1 2024
QQQInvesco QQQ Trust, Series 1	$128K	0.05%	Not reported	Not reported	Q1 2024
IAUIshares Gold Trust	$120K	0.04%	0.00%	Not reported	Q1 2024
SBUXStarbucks Corp	$120K	0.04%	0.00%	+0.4%	Q1 2024
CSCOCisco Systems, Inc.	$115K	0.04%	0.00%	-25.7%	Q1 2024
HLTHilton Worldwide Holdings Inc.	$113K	0.04%	0.00%	Not reported	Q1 2024
FLRFluor Corp	$107K	0.04%	0.00%	Not reported	Q1 2024
MAMastercard Inc	$102K	0.04%	0.00%	Not reported	Q1 2024
ADBEAdobe Inc.	$98.3K	0.04%	0.00%	+0.4%	Q1 2024
ROKRockwell Automation, Inc	$87.9K	0.03%	0.00%	Not reported	Q1 2024
HDHome Depot, Inc.	$86K	0.03%	0.00%	-0.8%	Q1 2024
LOWLowes Companies Inc	$85.6K	0.03%	0.00%	-2.7%	Q1 2024
TJXTJX Companies Inc	$80.5K	0.03%	0.00%	-1.1%	Q1 2024
DHRDanaher Corp	$78.5K	0.03%	0.00%	Not reported	Q1 2024
ICEIntercontinental Exchange, Inc.	$78.2K	0.03%	0.00%	+0.6%	Q1 2024
BABoeing Co	$76.2K	0.03%	0.00%	Not reported	Q1 2024
COSTCostco Wholesale Corp	$71.6K	0.03%	0.00%	-1.2%	Q1 2024
CVXChevron Corp	$69K	0.02%	0.00%	-2.0%	Q1 2024
SMHMarket Vectors ETF Trust	$66.6K	0.02%	Not reported	Not reported	Q1 2024
ACNAccenture plc	$63.3K	0.02%	0.00%	+0.9%	Q1 2024
AVGOBroadcom Inc.	$61.6K	0.02%	0.00%	-5.3%	Q1 2024
ECLEcolab Inc.	$60.6K	0.02%	0.00%	-0.9%	Q1 2024
PGPROCTER & GAMBLE Co	$53.3K	0.02%	0.00%	+0.5%	Q1 2024
ORCLOracle Corp	$52.4K	0.02%	0.00%	-2.5%	Q1 2024

Q3 2025Reported Oct 3, 2025352 positions
MSFTMicrosoft Corp	$14.3M	5.27%	0.00%	+0.2%	Q1 2024
SPYSPDR S&P 500 ETF Trust	$5.77M	2.13%	Not reported	Not reported	Q1 2024
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$5.73M	2.11%	Not reported	-4.0%	Q1 2024
AMZNAmazon Com Inc	$4.67M	1.72%	0.00%	+0.4%	Q1 2024
SPABASTROTECH Corp	$1.6M	0.59%	Not reported	-1.1%	Q1 2024
GLDSPDR Gold Trust	$1.05M	0.39%	0.00%	+5.8%	Q1 2024
GOOGLAlphabet Inc.	$1.03M	0.38%	0.00%	+1.0%	Q1 2024
SPTSSports Media Inc	$775K	0.29%	Not reported	Not reported	Q1 2024
BSVNBank7 Corp.	$526K	0.19%	0.07%	Not reported	Q1 2024
AAPLApple Inc.	$410K	0.15%	0.00%	+3.7%	Q1 2024
PLTRPalantir Technologies Inc.	$382K	0.14%	0.00%	-71.1%	Q1 2024
METAMeta Platforms, Inc.	$322K	0.12%	Not reported	+4.0%	Q1 2024
GOOGAlphabet Inc.	$300K	0.11%	Not reported	+2.7%	Q1 2024
JIVEJive Software, Inc.	$289K	0.11%	0.00%	+80.6%	Q2 2025
NVDANvidia Corp	$244K	0.09%	0.00%	+15.7%	Q1 2024
MDYSPDR S&P Midcap 400 ETF Trust	$226K	0.08%	Not reported	Not reported	Q1 2024
ISRGIntuitive Surgical Inc	$202K	0.07%	0.00%	+0.2%	Q1 2024
WMTWalmart Inc.	$202K	0.07%	0.00%	+0.8%	Q1 2024
GRMNGarmin Ltd	$195K	0.07%	0.00%	+0.3%	Q1 2024
GSGiShares S&P GSCI Commodity-Indexed Trust	$194K	0.07%	0.02%	-0.4%	Q1 2024
VPLInvesco Pennsylvania Value Municipal Income Trust	$184K	0.07%	Not reported	-33.5%	Q1 2024
TMOThermo Fisher Scientific Inc.	$175K	0.06%	0.00%	+0.6%	Q1 2024
XOMExxonMobil Holdings Corp	$163K	0.06%	0.00%	+3.4%	Q1 2024
FNDFSchwab Strategic Trust	$143K	0.05%	Not reported	Not reported	Q1 2024
CSCOCisco Systems, Inc.	$138K	0.05%	0.00%	+0.7%	Q1 2024
AMPAmeriprise Financial Inc	$128K	0.05%	0.00%	Not reported	Q1 2024
QQQInvesco QQQ Trust, Series 1	$125K	0.05%	Not reported	Not reported	Q1 2024
BACBank of America Corp	$123K	0.05%	0.00%	+2.9%	Q1 2024
SBUXStarbucks Corp	$120K	0.04%	0.00%	Not reported	Q1 2024
FLRFluor Corp	$114K	0.04%	0.00%	Not reported	Q1 2024
IAUIshares Gold Trust	$108K	0.04%	0.00%	+221.7%	Q1 2024
HLTHilton Worldwide Holdings Inc.	$102K	0.04%	0.00%	+1.8%	Q1 2024
HDHome Depot, Inc.	$102K	0.04%	0.00%	+0.8%	Q1 2024
MAMastercard Inc	$101K	0.04%	0.00%	+4.7%	Q1 2024
ADBEAdobe Inc.	$98.8K	0.04%	0.00%	+0.7%	Q1 2024
LOWLowes Companies Inc	$91.7K	0.03%	0.00%	+4.0%	Q1 2024
ICEIntercontinental Exchange, Inc.	$80.9K	0.03%	0.00%	Not reported	Q1 2024
ROKRockwell Automation, Inc	$79K	0.03%	0.00%	Not reported	Q1 2024
COSTCostco Wholesale Corp	$77.8K	0.03%	0.00%	+3.7%	Q1 2024
ORCLOracle Corp	$77.6K	0.03%	0.00%	+2.6%	Q1 2024
TJXTJX Companies Inc	$76.6K	0.03%	0.00%	+3.7%	Q1 2024
BABoeing Co	$75.8K	0.03%	0.00%	+0.6%	Q1 2024
CVXChevron Corp	$71.7K	0.03%	0.00%	+2.0%	Q1 2024
OMEROmeros Corp	$69.9K	0.03%	0.02%	Not reported	Q1 2024
DHRDanaher Corp	$68K	0.03%	0.00%	+0.6%	Q1 2024
ECLEcolab Inc.	$63.8K	0.02%	0.00%	+0.9%	Q1 2024
MRKMerck & Co., Inc.	$63.7K	0.02%	0.00%	-36.6%	Q1 2024
AVGOBroadcom Inc.	$62K	0.02%	0.00%	+17.5%	Q1 2024
SMHMarket Vectors ETF Trust	$60.4K	0.02%	Not reported	Not reported	Q1 2024
ACNAccenture plc	$57.7K	0.02%	0.00%	+0.9%	Q1 2024

Premium opens every quarter this fund has filed