Q2 2026 13F · SEC CIK 1907803

Phraction Management LLC

Institutional asset managerFiled 2026-07-20 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $414.1M
Reported positions: 65
Top holdings a year, 3 yrs: +19.6%
Assets under management: $625.5M

Phraction Management LLC is an institutional asset manager that reported 65 positions worth $414.1M in its Q2 2026 13F, filed 2026-07-20. Its largest holdings were Amazon Com Inc Com (AMZN, 8.4%), Alphabet Inc (GOOGL, 6.6%), Asml Hldg NV (ASML, 6.5%). A portfolio copying its top holdings returned 19.6% a year over the last 3 years, against 20.4% for the S&P 500.

Phraction Management LLC holdings largest 50 of 65 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Phraction Management LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AMZNAmazon Com Inc Com	8.4%	7.8%	145,203	+1.2%	$34.6M
GOOGLAlphabet Inc	6.6%	6.7%	76,858	-13.8%	$27.5M
ASMLAsml Hldg NV	6.5%	4.9%	13,512	-5.9%	$26.9M
MSFTMicrosoft Corp	5.6%	6.0%	62,618	-0.5%	$23.4M
ADIAnalog Devices Inc	4.6%	6.3%	47,530	-38.0%	$18.9M
TMOThermo Fisher Scientific Inc	4.2%	4.1%	34,535	+6.4%	$17.3M
ENTGEntegris Inc Com	4.2%	3.2%	95,964	-9.9%	$17.3M
GOOGAlphabet Inc	3.8%	4.3%	44,885	-22.5%	$15.9M
AMATApplied Matls Inc	3.7%	1.9%	21,394	-0.5%	$15.5M
BAC-PLBank of Amer Corp	3.7%	3.8%	12,158	-0.5%	$15.3M
DHRDanaher Corporation	3.2%	3.9%	69,059	-13.5%	$13.2M
LINLinde PLC	3.0%	3.1%	24,156	-0.1%	$12.5M
TDGTransdigm Group Inc	2.5%	2.3%	7,754	+1.2%	$10.3M
VVisa Inc Com Cl A	2.4%	2.3%	29,298	+0.5%	$10.1M
RTXRtx Corporation Com	2.3%	2.9%	50,960	-11.0%	$9.7M
BRK-BBerkshire Hathaway Inc Del	2.3%	2.2%	18,625	+3.2%	$9.3M
METAMeta Platforms Inc Class A	2.2%	0.9%	15,964	+150.0%	$9.0M
PHYSSprott Asset Management LP	2.1%	2.5%	290,467	+9.0%	$8.8M
SPGIS&P Global Inc.	2.1%	2.9%	21,505	-17.5%	$8.8M
WMBWilliams Companies	1.9%	2.1%	108,275	-2.0%	$8.0M
TDYTeledyne Technologies Inc	1.9%	1.9%	11,944	+0.0%	$8.0M
TXNTexas Instruments Inc	1.9%	1.6%	26,146	-17.3%	$7.8M
WFC-PLWells Fargo Co New Perp Pfd Cnv A	1.8%	1.9%	6,522	+1.3%	$7.5M
BDXBecton Dickinson & Co	1.7%	1.9%	46,448	+0.2%	$7.0M
HONHoneywell International Inc.	1.7%	—	30,832	—	$6.9M
LRCXLam Research Corp	1.7%	1.2%	15,774	-28.2%	$6.8M
HONAHoneywell Aerospace Inc.	1.6%	—	30,821	—	$6.8M
SNPSSynopsys Inc	1.5%	1.4%	14,316	+3.8%	$6.4M
BACBank of Amer Corp	1.3%	1.4%	95,835	-16.0%	$5.5M
ICEIntercontinental Exchange in	1.1%	1.5%	37,525	-0.5%	$4.6M
PMPhilip Morris Intl Inc Com	1.1%	1.1%	25,004	-5.2%	$4.5M
FERGFerguson Enterprises Inc	1.1%	1.1%	18,375	-0.3%	$4.4M
IBITIshares Bitcoin Trust ETF	0.6%	0.8%	75,200	+0.0%	$2.5M
PEPPepsico Inc	0.5%	0.6%	14,666	+0.0%	$2.0M
MKTWMarketwise Inc	0.4%	0.5%	92,316	-6.1%	$1.6M
NVDANvidia Corporation Com	0.4%	0.4%	8,000	+0.0%	$1.6M
BSXBoston Scientific Corp	0.4%	0.6%	36,558	-0.1%	$1.6M
ETNEaton Corp PLC	0.3%	0.3%	3,238	+0.0%	$1.4M
BNBrookfield Corp	0.3%	0.3%	30,172	+0.0%	$1.3M
RSPInvesco S&p 500 Equal Weight ETF	0.3%	0.3%	5,648	-4.2%	$1.2M
GDXVaneck Gold Miners ETF	0.3%	0.3%	13,770	+0.0%	$1.0M
AAPLApple Inc	0.2%	0.2%	3,499	+0.0%	$1.0M
VEUVanguard FTSE All	0.2%	0.2%	12,062	+0.0%	$1.0M
MOATVaneck ETF Trust	0.2%	0.2%	9,095	+0.0%	$946K
SPGPInvesco Exchange Traded Fd T	0.2%	0.2%	6,710	+0.0%	$821K
ET-PIEnergy Transfer L P	0.2%	0.2%	71,510	+4.1%	$820K
EPDEnterprise Prods Partners L	0.2%	0.2%	22,209	+0.0%	$816K
SPYSpdr S&p 500 ETF Tr	0.2%	0.2%	1,054	+0.0%	$787K
ASHRDbx ETF Tr	0.2%	0.1%	17,610	+0.0%	$646K
IHIIshares Tr	0.1%	0.2%	11,091	+0.0%	$548K

What Phraction Management LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

META Meta Platforms Inc Class A+150.0% shares
PHYS Sprott Asset Management LP+9.0% shares
TMO Thermo Fisher Scientific Inc+6.4% shares

Reduced

Left the top 50

HON Honeywell Intl Incwas 3.6%
BIL SPDR Brcy1-3 Serwas 0.3%

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +27.0% /yr; S&P 500 +20.1%
3 years: +19.6% /yr; S&P 500 +20.4%
5 years: +11.8% /yr; S&P 500 +13.0%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$414.1M	65
Q1 2026	$385.3M	64
Q4 2025	$372.2M	66
Q3 2025	$346.5M	66
Q2 2025	$312.7M	73
Q1 2025	$298.6M	74
Q4 2024	$285.2M	71
Q3 2024	$282.8M	69
Q2 2024	$268.9M	66
Q1 2024	$255.5M	62
Q4 2023	$237.0M	51
Q3 2023	$207.0M	49

Questions about Phraction Management LLC's portfolio

What stocks does Phraction Management LLC own?

Phraction Management LLC's latest 13F, for Q2 2026 and filed Jul 20, 2026, lists 65 positions worth $414.1M. The largest are Amazon Com Inc Com (AMZN) at 8.4%, Alphabet Inc (GOOGL) at 6.6%, Asml Hldg NV (ASML) at 6.5%, Microsoft Corp (MSFT) at 5.6% and Analog Devices Inc (ADI) at 4.6%.

What did Phraction Management LLC buy last quarter?

In Q2 2026, Phraction Management LLC added Meta Platforms Inc Class A (META) (+150.0% shares), Sprott Asset Management LP (PHYS) (+9.0% shares) and Thermo Fisher Scientific Inc (TMO) (+6.4% shares), compared with its Q1 2026 filing.

What did Phraction Management LLC sell last quarter?

In Q2 2026, Phraction Management LLC cut from its top 50 Honeywell Intl Inc (HON), cut from its top 50 SPDR Brcy1-3 Ser (BIL), Analog Devices Inc (ADI) (-38.0% shares), Lam Research Corp (LRCX) (-28.2% shares) and Alphabet Inc (GOOG) (-22.5% shares), compared with its Q1 2026 filing.

How has Phraction Management LLC's portfolio performed?

A portfolio copying Phraction Management LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +19.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +27.0% against +20.1%. Over 5 years: +11.8% a year against +13.0%.

When is Phraction Management LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Phraction Management LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Phraction Management LLC manage?

Phraction Management LLC reported $625.5M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $414.1M.