Triad Investment Management's Q1 2026 13F: 2 new positions, 2 exits
Form 13F-HR for the quarter ended Mar 31, 2026 · filed Apr 24, 2026 · 36 reported positions · accession 0001615717-26-000003 · Amended
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | WARNER BROS DISCOVERY INC (WBD) | 9.5% | 0.4% | −9.1 pts | −314K sh | −96% |
| Increased | FISERV INC (FISV) | 0.6% | 3.4% | +2.8 pts | +42,521 sh | +448% |
| Increased | GARTNER INC (IT) | 2.8% | 4.4% | +1.6 pts | +12,696 sh | +116% |
| Exited | MOHAWK INDS INC (MHK) | 1.9% | — | −1.9 pts | −17,102 sh | −100% |
| Increased | S&P GLOBAL INC (SPGI) | 0.3% | 1.8% | +1.5 pts | +3,075 sh | +552% |
| Reduced | VANGUARD SCOTTSDALE FDS (VGSH) | 5.2% | 4.6% | −0.6 pts | −21,283 sh | −24% |
| Reduced | AMERICAN EXPRESS CO (AXP) | 3.0% | 1.5% | −1.5 pts | −3,842 sh | −47% |
| Increased | BROWN & BROWN INC (BRO) | 4.4% | 5.5% | +1.1 pts | +16,763 sh | +31% |
| Reduced | CBRE GROUP INC (CBRE) | 1.7% | 0.4% | −1.3 pts | −7,874 sh | −77% |
| New | LISTED FDS TR (INFL) | — | 1.2% | +1.2 pts | +20,050 sh | new |
| Increased | INTUIT (INTU) | 2.5% | 3.1% | +0.6 pts | +2,345 sh | +62% |
| Reduced | ASML HLDG NV (ASML) | 3.3% | 3.7% | +0.4 pts | −690 sh | −23% |
| New | PROFESIONALLY MANAGED PORTFO (AKRE) | — | 0.8% | +0.8 pts | +13,347 sh | new |
| Increased | ROPER TECHNOLOGIES INC (ROP) | 5.5% | 5.8% | +0.3 pts | +1,642 sh | +14% |
| Increased | MEDIAALPHA INC (MAX) | 3.6% | 3.7% | +0.1 pts | +58,427 sh | +21% |
| Reduced | JOHNSON & JOHNSON (JNJ) | 1.1% | 0.9% | −0.2 pts | −2,049 sh | −40% |
| Increased | VISA INC (V) | 4.5% | 5.1% | +0.6 pts | +1,616 sh | +13% |
| Increased | CDW CORP (CDW) | 3.0% | 3.6% | +0.6 pts | +3,799 sh | +18% |
| Increased | THOR INDS INC (THO) | 4.3% | 4.4% | +0.1 pts | +5,160 sh | +12% |
| Reduced | ALPHABET INC (GOOG) | 6.6% | 6.8% | +0.2 pts | −617 sh | −3% |
| Exited | COMCAST CORP NEW (CMCSA) | 0.2% | — | −0.2 pts | −6,882 sh | −100% |
| Reduced | HEICO CORP NEW (HEIA) | 3.2% | 3.0% | −0.2 pts | −396 sh | −3% |
| Reduced | NXP SEMICONDUCTORS N V (NXPI) | 2.8% | 2.8% | +0.1 pts | −422 sh | −3% |
| Reduced | WHITE MTNS INS GROUP LTD (WTM) | 5.4% | 6.5% | +1.2 pts | −35 sh | −1% |
| Reduced | OAKTREE SPECIALTY LENDING (OCSL) | 2.6% | 2.6% | 0.0 pts | −3,523 sh | −2% |
| Increased | DANAHER CORP DEL (DHR) | 5.0% | 4.9% | −0.1 pts | +208 sh | +1% |
| Increased | SLR INVESTMENT CORP (SLRC) | 2.0% | 2.1% | +0.2 pts | +1,000 sh | +1% |
| Increased | HERCULES CAPITAL INC (HTGC) | 2.0% | 1.8% | −0.2 pts | +500 sh | 0% |
| Increased | BLACKROCK ETF TRUST II (BINC) | 1.6% | 1.8% | +0.2 pts | +20 sh | 0% |
| Increased | SIMPLIFY EXCHANGE TRADED FUN (MTBA) | 2.6% | 3.0% | +0.4 pts | +20 sh | 0% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 52.6% of the equity book
Changes in the top 10 this quarter: IT entered · WBD left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ALPHABET INC (GOOG) | 6.6% | 6.8% | |
| 2 | WHITE MTNS INS GROUP LTD (WTM) | 5.4% | 6.5% | |
| 3 | ROPER TECHNOLOGIES INC (ROP) | 5.5% | 5.8% | |
| 4 | BROWN & BROWN INC (BRO) | 4.4% | 5.5% | |
| 5 | VISA INC (V) | 4.5% | 5.1% | |
| 6 | DANAHER CORP DEL (DHR) | 5.0% | 4.9% | |
| 7 | MACERICH CO (MAC) | 3.9% | 4.6% | |
| 8 | VANGUARD SCOTTSDALE FDS (VGSH) | 5.2% | 4.6% | |
| 9 | THOR INDS INC (THO) | 4.3% | 4.4% | |
| 10 | GARTNER INC (IT) | 2.8% | 4.4% | Entered the top 10 |
| — | WARNER BROS DISCOVERY INC (WBD) | 9.5% | 0.4% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).