Waycross Investment Management Co's Q4 2025 13F: 8 new positions, 3 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Jan 8, 2026 · 47 reported positions · accession 0001922448-26-000002
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | FIRST CTZNS BANCSHARES INC D (FCNCA) | — | 5.8% | +5.8 pts | +3,098 sh | new |
| New | PACER FDS TR (FLRT) | — | 3.8% | +3.8 pts | +91,609 sh | new |
| New | WESTERN UN CO (WU) | — | 0.9% | +0.9 pts | +107K sh | new |
| Increased | SELECT SECTOR SPDR TR (XLU) | 4.8% | 5.0% | +0.1 pts | +22,920 sh | +21% |
| Exited | BOISE CASCADE CO DEL (BCC) | 0.8% | — | −0.8 pts | −10,515 sh | −100% |
| Exited | ADOBE INC (ADBE) | 0.8% | — | −0.8 pts | −2,210 sh | −100% |
| New | ISHARES TR (EEM) | — | 0.6% | +0.6 pts | +12,316 sh | new |
| Exited | SPDR SERIES TRUST (XNTK) | 0.5% | — | −0.5 pts | −1,880 sh | −100% |
| Increased | VANGUARD INDEX FDS (VTI) | 0.3% | 0.7% | +0.4 pts | +1,568 sh | +198% |
| New | VANGUARD STAR FDS (VXUS) | — | 0.4% | +0.4 pts | +5,824 sh | new |
| Increased | FIRST TR EXCHANGE TRADED FD (GRID) | 2.1% | 2.1% | 0.0 pts | +2,161 sh | +16% |
| Increased | ISHARES TR (IEFA) | 10.9% | 9.8% | −1.1 pts | +2,795 sh | +2% |
| New | VANECK ETF TRUST (GDX) | — | 0.2% | +0.2 pts | +2,884 sh | new |
| New | VANGUARD INDEX FDS (VUG) | — | 0.2% | +0.2 pts | +483 sh | new |
| New | VANGUARD INDEX FDS (VO) | — | 0.2% | +0.2 pts | +771 sh | new |
| Increased | APPLE INC (AAPL) | 1.3% | 1.3% | +0.1 pts | +674 sh | +14% |
| Increased | MICROSOFT CORP (MSFT) | 3.8% | 3.2% | −0.6 pts | +300 sh | +4% |
| Reduced | SPDR GOLD TR (GLD) | 0.4% | 0.2% | −0.1 pts | −342 sh | −34% |
| Increased | ISHARES TR (IBTK) | 10.2% | 8.9% | −1.3 pts | +5,542 sh | +1% |
| Increased | SPDR SERIES TRUST (BIL) | 0.9% | 0.9% | −0.1 pts | +996 sh | +10% |
| Increased | ISHARES TR (IBTJ) | 9.4% | 8.2% | −1.2 pts | +4,114 sh | +1% |
| Increased | NEOS ETF TRUST (QQQI) | 0.3% | 0.3% | 0.0 pts | +1,222 sh | +22% |
| Increased | INVESCO EXCHANGE TRADED FD T (RSP) | 0.5% | 0.5% | 0.0 pts | +334 sh | +12% |
| Reduced | T-MOBILE US INC (TMUS) | 2.0% | 1.4% | −0.6 pts | −314 sh | −4% |
| Increased | CISCO SYS INC (CSCO) | 1.2% | 1.3% | 0.0 pts | +808 sh | +5% |
| Increased | MERCADOLIBRE INC (MELI) | 1.3% | 1.0% | −0.3 pts | +22 sh | +4% |
| Reduced | DANAHER CORPORATION (DHR) | 1.1% | 1.0% | 0.0 pts | −164 sh | −3% |
| Increased | INVESCO EXCH TRD SLF IDX FD (BSCV) | 6.5% | 5.6% | −0.9 pts | +1,516 sh | 0% |
| Reduced | STEEL DYNAMICS INC (STLD) | 1.9% | 2.0% | +0.1 pts | −100 sh | −1% |
| Reduced | VANGUARD INDEX FDS (VOO) | 0.3% | 0.3% | 0.0 pts | −22 sh | −4% |
| Reduced | ISHARES TR (SGOV) | 1.0% | 0.9% | −0.1 pts | −96 sh | −1% |
| Reduced | GRAPHIC PACKAGING HLDG CO (GPK) | 0.8% | 0.5% | −0.3 pts | −545 sh | −1% |
| Reduced | WALMART INC (WMT) | 1.3% | 1.2% | −0.1 pts | −68 sh | −1% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 4.0% | 3.6% | −0.5 pts | −11 sh | 0% |
| Reduced | DIMENSIONAL ETF TRUST (DUHP) | 7.4% | 6.4% | −1.0 pts | −187 sh | 0% |
| Reduced | SCHWAB STRATEGIC TR (SCHB) | 1.0% | 0.9% | −0.1 pts | −111 sh | 0% |
| Reduced | INVESCO EXCH TRD SLF IDX FD (BSCU) | 6.6% | 5.7% | −0.9 pts | −139 sh | 0% |
| Increased | COSTCO WHSL CORP NEW (COST) | 0.9% | 0.7% | −0.2 pts | +1 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 — 62.7% of the equity book
Changes in the top 10 this quarter: FCNCA entered · FLRT entered · MSFT left · GOOG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (IEFA) | 10.9% | 9.8% | |
| 2 | ISHARES TR (IBTK) | 10.2% | 8.9% | |
| 3 | ISHARES TR (IBTJ) | 9.4% | 8.2% | |
| 4 | DIMENSIONAL ETF TRUST (DUHP) | 7.4% | 6.4% | |
| 5 | FIRST CTZNS BANCSHARES INC D (FCNCA) | 0.0% | 5.8% | Entered the top 10 |
| 6 | INVESCO EXCH TRD SLF IDX FD (BSCU) | 6.6% | 5.7% | |
| 7 | INVESCO EXCH TRD SLF IDX FD (BSCV) | 6.5% | 5.6% | |
| 8 | SELECT SECTOR SPDR TR (XLU) | 4.8% | 5.0% | |
| 9 | PACER FDS TR (FLRT) | 0.0% | 3.8% | Entered the top 10 |
| 10 | SPDR S&P 500 ETF TR (SPY) | 4.0% | 3.6% | |
| — | MICROSOFT CORP (MSFT) | 3.8% | 3.2% | Left the top 10 |
| — | ALPHABET INC (GOOG) | 2.9% | 3.2% | 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).