Morningstar Investment Services LLC
Annual return '25
-7.7%
SPY '25
+17.7%
Alpha
-25.4ptsvs SPY
Invested
$1.7B
Holdings
12
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$GTLB
GITLAB INC
Held since at least Q1 2024
16.8%
02
$CPNG
COUPANG INC
Held since at least Q1 2024
15.9%
03
$FLUT
FLUTTER ENTMT PLC
Held since at least Q1 2024
12.3%
04
$NCNO
NCINO INC
Held since at least Q1 2024
10.6%
05
$KLAR
KLARNA GROUP PLC
Held since at least Q1 2024
9.4%
06
$TOST
TOAST INC
Held since at least Q1 2024
7.0%
07
$NICE
NICE LTD
Held since at least Q1 2024
6.4%
08
$WDAY
WORKDAY INC
Held since at least Q1 2024
6.1%
09
$CWAN
CLEARWATER ANALYTICS HLDGS I
Held since at least Q1 2024
5.6%
10
$OWL
BLUE OWL CAPITAL INC
Held since at least Q1 2024
5.6%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 09:51 UTC.