Avalon Capital Management
Annual return '25
-2.6%
SPY '25
+17.7%
Alpha
-20.4ptsvs SPY
Invested
$354.3M
Holdings
121
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 100%. 2 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR
Carry-forward filing.
Latest filing (2026-03-31) contained only unmappable securities. Holdings shown are carried forward from Q4 2025.
01
$GOOGL
ALPHABET INC
Q3 2025: Sold 2.5% (151.1k → 147.3k shares)
11.1%
02
$GDX
VANECK ETF TRUST
Q3 2025: Increased +19.2% (354.8k → 422.9k shares)
6.5%
03
$GOOG
ALPHABET INC
Q3 2025: Sold 4.0% (77.4k → 74.3k shares)
5.2%
04
$SMH
VANECK ETF TRUST
Q3 2025: Sold 0.8% (41.6k → 41.3k shares)
5.1%
05
$PDBC
INVESCO ACTVELY MNGD ETC FD
Q2 2025: Exited (was 167.6k shares)
4.8%
06
$GQ9
SPDR GOLD TR
Q3 2025: Sold 1.9% (45.3k → 44.4k shares)
4.6%
07
$IEMG
ISHARES INC
Q3 2025: Increased +7.0% (92.4k → 98.8k shares)
3.4%
08
$CSCO
CISCO SYS INC
Q4 2024: New position (160.8k shares)
3.4%
09
$AAPL
APPLE INC
Q3 2025: Increased +1.6% (53.5k → 54.4k shares)
3.3%
10
$AMZN
AMAZON COM INC
Q3 2025: Sold 4.8% (64.9k → 61.8k shares)
3.1%
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 10:28 UTC.