Refined Wealth Management
SEC Form 13F institutional filer · CIK 0001724729
13F-HR · 19 reported holdings · 2026-03-31
Reported long-US-equity value
$0.07B
Top-10 concentration
95.7%
Refined Wealth Management — $73M AUM allocation strategy
Refined Wealth Management files SEC Form 13F and reports $73M of long US equity value across 19 reported holdings for 2026-03-31.
Its largest sector bet is Financials 53.5%, followed by Energy 21.2% and Information Technology 2.6%.
The top 10 holdings account for 96% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Refined Wealth Management — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$73M
total across 19 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
96% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVZ +78.7K sh · +$14.3M+$COIN +633 sh · −$2.9M+$UNP +13 sh · +$31K
Biggest trims (shares)
−$VB −13.3K sh · −$3.42M−$QQQ −2.42K sh · −$2.35M−$AMZN −2.2K sh · −$575K
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks31.0%—
- Financial Exchanges & Data14.1%—
- Integrated Oil & Gas12.9%—
- Oil & Gas Refining & Marketing8.4%—
- Investment Banking & Brokerage7.8%—
- Semiconductors1.2%—
- Technology Hardware, Storage & Peripherals1.0%—
- Broadline Retail0.8%—
- Other holdings22.8%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $IVZ | Invesco Ltd | 81.9K | $15M | +78.7K | 20.5% |
| $COIN | Coinbase Global Inc | 59.2K | $10.3M | +633 | 14.1% |
| $CVX | Chevron Corporation | 44.4K | $9.19M | — | 12.6% |
| $BLK | BlackRock Inc | 148K | $7.69M | — | 10.5% |
| $MPC | Marathon Petroleum Corporation | 25K | $6.1M | — | 8.4% |
| $SCHW | Charles Schwab Corporation | 228K | $5.69M | — | 7.8% |
| $NVDA | NVIDIA Corporation | 4.85K | $845K | -1.96K | 1.2% |
| $AAPL | Apple Inc | 3.01K | $764K | -203 | 1.0% |
…and 11 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.