MSA Advisors, LLC Concentrated Active

CIK: 0001040410 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 14, 2025

Total Value ($000): $400,171 (100.0% shares, 0.0% debt)

Holdings (30)

APO APOLLO GLOBAL MGMT INC 30.5%

Value ($000) $122,102 Shares 916,202 Est. Cost $95.70 Unrealized +47.1%

SPY SPDR S&P 500 ETF TR 19.0%

Value ($000) $75,951 Shares 114,009 Est. Cost $476.12 Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 7.6%

Value ($000) $30,262 Shares 185,205 Est. Cost $97.60 Unrealized +61.9%

SBUX STARBUCKS CORP 7.3%

Value ($000) $29,107 Shares 344,057 Est. Cost $89.63 Unrealized -1.2%

GOOG ALPHABET INC 5.9%

Value ($000) $23,421 Shares 96,165 Est. Cost $147.31 Unrealized +42.5%

MSFT MICROSOFT CORP 5.0%

Value ($000) $20,014 Shares 38,640 Est. Cost $366.16 Unrealized +38.9%

META META PLATFORMS INC 4.2%

Value ($000) $16,991 Shares 23,136 Est. Cost $482.73 Unrealized +54.0%

AAPL APPLE INC 3.8%

Value ($000) $15,284 Shares 60,024 Est. Cost $192.62 Unrealized +17.1%

SPOT SPOTIFY TECHNOLOGY S A 3.7%

Value ($000) $14,850 Shares 21,275 Est. Cost $481.66 Unrealized +45.2%

JPM JPMORGAN CHASE & CO. 2.5%

Value ($000) $9,841 Shares 31,200 Est. Cost $157.97 Unrealized +87.3%

TPG TPG INC 2.4%

Value ($000) $9,737 Shares 169,493 Est. Cost $33.76 Unrealized +74.9%

DIS DISNEY WALT CO 2.4%

Value ($000) $9,695 Shares 84,670 Est. Cost $90.89 Unrealized +28.7%

MTN VAIL RESORTS INC 1.7%

Value ($000) $6,880 Shares 46,000 Est. Cost $150.73 Unrealized +3.0%

KLAR KLARNA GROUP PLC 0.9%

Value ($000) $3,656 Shares 99,768 Est. Cost $42.59 Unrealized 0.0%

SHOP SHOPIFY INC 0.7%

Value ($000) $2,898 Shares 19,500 Est. Cost $63.86 Unrealized +112.3%

LLY ELI LILLY & CO 0.5%

Value ($000) $1,908 Shares 2,500 Est. Cost $746.18 Unrealized -0.5%

VOO VANGUARD INDEX FDS 0.3%

Value ($000) $1,282 Shares 2,093 Est. Cost $527.67 Unrealized —

WBD WARNER BROS DISCOVERY INC 0.3%

Value ($000) $1,109 Shares 56,800 Est. Cost $13.62 Unrealized 0.0%

BAC BANK AMERICA CORP 0.3%

Value ($000) $1,032 Shares 20,000 Est. Cost $27.61 Unrealized +75.1%

CMCSA COMCAST CORP NEW 0.2%

Value ($000) $722 Shares 22,988 Est. Cost $39.99 Unrealized -17.1%

BODI THE BEACHBODY COMPANY INC 0.2%

Value ($000) $691 Shares 116,749 Est. Cost $10.69 Unrealized -52.2%

CAI CARIS LIFE SCIENCES INC 0.1%

Value ($000) $581 Shares 19,200 Est. Cost $26.95 Unrealized +18.3%

NKE NIKE INC 0.1%

Value ($000) $493 Shares 7,070 Est. Cost $102.99 Unrealized -28.4%

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $410 Shares 2,200 Est. Cost $101.05 Unrealized +72.5%

AMZN AMAZON COM INC 0.1%

Value ($000) $408 Shares 1,860 Est. Cost $190.08 Unrealized +19.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $239 Shares 475 Est. Cost $442.18 Unrealized +9.5%

NVO NOVO-NORDISK A S 0.0%

Value ($000) $194 Shares 3,500 Est. Cost $103.45 Unrealized —

S SENTINELONE INC 0.0%

Value ($000) $188 Shares 10,679 Est. Cost $26.13 Unrealized -31.3%

BIRK BIRKENSTOCK HOLDING PLC 0.0%

Value ($000) $186 Shares 4,100 Est. Cost $51.40 Unrealized -4.8%

AGEN AGENUS INC 0.0%

Value ($000) $39 Shares 10,000 Est. Cost $3.46 Unrealized +44.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
APO	APOLLO GLOBAL MGMT INC	916,202	$122,102	30.5%	$95.70	+47.1%	COM	03769M106
SPY	SPDR S&P 500 ETF TR	114,009	$75,951	19.0%	$476.12	—	TR UNIT	78462F103
LYV	LIVE NATION ENTERTAINMENT IN	185,205	$30,262	7.6%	$97.60	+61.9%	COM	538034109
SBUX	STARBUCKS CORP	344,057	$29,107	7.3%	$89.63	-1.2%	COM	855244109
GOOG	ALPHABET INC	96,165	$23,421	5.9%	$147.31	+42.5%	CAP STK CL C	02079K107
MSFT	MICROSOFT CORP	38,640	$20,014	5.0%	$366.16	+38.9%	COM	594918104
META	META PLATFORMS INC	23,136	$16,991	4.2%	$482.73	+54.0%	CL A	30303M102
AAPL	APPLE INC	60,024	$15,284	3.8%	$192.62	+17.1%	COM	037833100
SPOT	SPOTIFY TECHNOLOGY S A	21,275	$14,850	3.7%	$481.66	+45.2%	SHS	L8681T102
JPM	JPMORGAN CHASE & CO.	31,200	$9,841	2.5%	$157.97	+87.3%	COM	46625H100
TPG	TPG INC	169,493	$9,737	2.4%	$33.76	+74.9%	COM CL A	872657101
DIS	DISNEY WALT CO	84,670	$9,695	2.4%	$90.89	+28.7%	COM	254687106
MTN	VAIL RESORTS INC	46,000	$6,880	1.7%	$150.73	+3.0%	COM	91879Q109
KLAR	KLARNA GROUP PLC	99,768	$3,656	0.9%	$42.59	0.0%	SHS	G5279N105
SHOP	SHOPIFY INC	19,500	$2,898	0.7%	$63.86	+112.3%	CL A SUB VTG SHS	82509L107
LLY	ELI LILLY & CO	2,500	$1,908	0.5%	$746.18	-0.5%	COM	532457108
VOO	VANGUARD INDEX FDS	2,093	$1,282	0.3%	$527.67	—	S&P 500 ETF SHS	922908363
WBD	WARNER BROS DISCOVERY INC	56,800	$1,109	0.3%	$13.62	0.0%	COM SER A	934423104
BAC	BANK AMERICA CORP	20,000	$1,032	0.3%	$27.61	+75.1%	COM	060505104
CMCSA	COMCAST CORP NEW	22,988	$722	0.2%	$39.99	-17.1%	CL A	20030N101
BODI	THE BEACHBODY COMPANY INC	116,749	$691	0.2%	$10.69	-52.2%	COM CL A NEW	073463309
CAI	CARIS LIFE SCIENCES INC	19,200	$581	0.1%	$26.95	+18.3%	COM	142152107
NKE	NIKE INC	7,070	$493	0.1%	$102.99	-28.4%	CL B	654106103
NVDA	NVIDIA CORPORATION	2,200	$410	0.1%	$101.05	+72.5%	COM	67066G104
AMZN	AMAZON COM INC	1,860	$408	0.1%	$190.08	+19.1%	COM	023135106
BRK/B	BERKSHIRE HATHAWAY INC DEL	475	$239	0.1%	$442.18	+9.5%	CL B NEW	084670702
NVO	NOVO-NORDISK A S	3,500	$194	0.0%	$103.45	—	ADR	670100205
S	SENTINELONE INC	10,679	$188	0.0%	$26.13	-31.3%	CL A	81730H109
BIRK	BIRKENSTOCK HOLDING PLC	4,100	$186	0.0%	$51.40	-4.8%	COM SHS	M2029K104
AGEN	AGENUS INC	10,000	$39	0.0%	$3.46	+44.6%	COM NEW	00847G804