Phraction Management LLC
SEC Form 13F institutional filer · CIK 0001907803
13F-HR · 41 reported holdings · 2026-03-31
Reported long-US-equity value
$0.33B
Top-10 concentration
59.6%
Phraction Management LLC — $330M AUM allocation strategy
Phraction Management LLC files SEC Form 13F and reports $330M of long US equity value across 41 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 18.8%, followed by Financials 17.0% and Communication Services 12.8%.
The top 10 holdings account for 60% 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.
Phraction Management LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$330M
total across 41 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
60% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$AMZN +19.3K sh · +$1.22M+$DHR +14K sh · +$76.2K+$V +8.66K sh · +$1.62M
Biggest trims (shares)
−$BAC −59.7K sh · −$2.72M−$FE −24.1K sh · −$1.05M−$RTX −7.43K sh · −$819K
Exited to nil (held last quarter, gone now)
$UNP ($2.04M last qtr)$SYK ($461K last qtr)$CVNA ($280K last qtr)$JPM ($259K last qtr)$CSGP ($202K last qtr)
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)
- Interactive Media & Services12.8%—
- Life Sciences Tools & Services9.4%—
- Broadline Retail9.1%—
- Diversified Banks8.4%—
- Semiconductors7.4%—
- Systems Software7.0%—
- Aerospace & Defense6.1%—
- Industrial Conglomerates4.2%—
- Other holdings35.6%—
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
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AMZN | Amazon.com Inc | 143K | $29.9M | +19.3K | 9.0% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 89.2K | $25.6M | +80 | 7.8% |
| $ADI | Analog Devices Inc | 76.6K | $24.4M | +499 | 7.4% |
| $MSFT | Microsoft Corporation | 62.9K | $23.3M | +4.19K | 7.1% |
| $BAC | Bank of America Corporation | 126K | $20.1M | -59.7K | 6.1% |
| $GOOGL | Alphabet Inc | 57.9K | $16.6M | +514 | 5.0% |
| $TMO | Thermo Fisher Scientific Inc | 32.4K | $15.9M | +1.46K | 4.8% |
| $DHR | Danaher Corporation | 79.8K | $15.1M | +14K | 4.6% |
| $HON | Honeywell International Inc | 61K | $13.8M | +84 | 4.2% |
| $LIN | Linde plc | 24.2K | $12M | +17 | 3.6% |
…and 31 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.
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