MILFAM LLC Quant / Systematic

Location: Stuart, FL

CIK: 0001728825 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 13, 2026

Total Value: $145M (100.0% shares, 0.0% debt)

Holdings (15)

New Positions (5)

GFUZ GENERAL FUSION GROUP LTD 8.4%

Value $12.14M Shares 1,902,311 Share Price $6.38 * Est. Cost/Share $8.39 Unrealized @ Report Date -11.7%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 2.4%

Value $3.4M Shares 59,200 Share Price $57.44 Est. Cost/Share $54.93 Unrealized @ Report Date +4.6%

ACN ACCENTURE PLC IRELAND 1.7%

Value $2.531M Shares 13,800 Share Price $183.37 Est. Cost/Share $168.99 Unrealized @ Report Date +8.5%

PCG PG&E CORP 0.1%

Value $213K Shares 4,250 Share Price $50.00 * Est. Cost/Share $16.53 Unrealized @ Report Date -25.9%

EPAM EPAM SYS INC 0.1%

Value $153K Shares 1,414 Share Price $108.36 Est. Cost/Share $103.34 Unrealized @ Report Date +4.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GFUZ	GENERAL FUSION GROUP LTD	1,902,311	$12.14M	8.4%	$6.38 *	$8.39	-11.7%	COM	369884101
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	59,200	$3.4M	2.4%	$57.44	$54.93	+4.6%	CL A	192446102
ACN	ACCENTURE PLC IRELAND	13,800	$2.531M	1.7%	$183.37	$168.99	+8.5%	SHS CLASS A	G1151C101
PCG	PG&E CORP	4,250	$213K	0.1%	$50.00 *	$16.53	-25.9%	CALL	69331C108
EPAM	EPAM SYS INC	1,414	$153K	0.1%	$108.36	$103.34	+4.9%	COM	29414B104

Increased Positions (3)

PCG PG&E CORP 27.3%

Value $39.57M (+43.2%) Shares 3,230,000 (+96.6%) Share Price $12.25 Est. Cost/Share $16.53 Unrealized @ Report Date -25.9%

VSAT VIASAT INC 4.8%

Value $6.883M (+2454.7%) Shares 97,800 (+3160.0%) Share Price $70.38 Est. Cost/Share $74.71 Unrealized @ Report Date -5.8%

OPTU OPTIMUM COMMUNICATIONS INC 13.4%

Value $19.34M (-16.2%) Shares 19,549,309 (+22.8%) Share Price $0.99 Est. Cost/Share $1.34 Unrealized @ Report Date -26.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PCG	PG&E CORP	3,230,000 (+96.6%)	$39.57M (+43.2%)	27.3%	$12.25	$16.53	-25.9%	COM	69331C108
VSAT	VIASAT INC	97,800 (+3160.0%)	$6.883M (+2454.7%)	4.8%	$70.38	$74.71	-5.8%	COM	92552V100
OPTU	OPTIMUM COMMUNICATIONS INC	19,549,309 (+22.8%)	$19.34M (-16.2%)	13.4%	$0.99	$1.34	-26.0%	CL A	02156K103

Exited Positions (2)

— PG&E CORP 1.4%

Value $2.001M Shares 13,500 Share Price $148.22 Est. Cost/Share — Unrealized @ Report Date —

SDRL SEADRILL LTD 1.0%

Value $1.513M Shares 40,000 Share Price $37.82 * Est. Cost/Share $40.83 Unrealized @ Report Date +9.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	PG&E CORP	13,500	$2.001M	1.4%	$148.22	—	—	CALL	69331C908
SDRL	SEADRILL LTD	40,000	$1.513M	1.0%	$37.82 *	$40.83	+9.4%	—	G7997W102

Unchanged Positions (7)

NN NEXTNAV INC 32.5%

Value $46.99M Shares 3,267,920 Share Price $14.38 Est. Cost/Share $16.91 Unrealized @ Report Date -15.0%

SRL SCULLY ROYALTY LTD 7.1%

Value $10.32M Shares 1,985,952 Share Price $5.20 Est. Cost/Share $8.56 Unrealized @ Report Date -39.3%

ERII ENERGY RECOVERY INC 0.3%

Value $500K Shares 75,000 Share Price $6.67 Est. Cost/Share $9.50 Unrealized @ Report Date -29.8%

ARES ARES MANAGEMENT CORPORATION 1.2%

Value $1.743M Shares 15,000 Share Price $116.17 Est. Cost/Share $119.97 Unrealized @ Report Date -3.2%

APO APOLLO GLOBAL MGMT INC 0.6%

Value $870K Shares 7,500 Share Price $116.06 Est. Cost/Share $125.75 Unrealized @ Report Date -7.7%

RSP INVESCO EXCHANGE TRADED FD T 0.0%

Value $20,802 Shares 100 Share Price $208.02 Est. Cost/Share $204.64 Unrealized @ Report Date +1.6%

— BLACKSTONE SENI FLTN RAT 202 0.0%

Value $26 Shares 2 Share Price $13.00 Est. Cost/Share $13.00 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NN	NEXTNAV INC	3,267,920	$46.99M	32.5%	$14.38	$16.91	-15.0%	COMMON STOCK	65345N106
SRL	SCULLY ROYALTY LTD	1,985,952	$10.32M	7.1%	$5.20	$8.56	-39.3%	COM SHS	G7T96K107
ERII	ENERGY RECOVERY INC	75,000	$500K	0.3%	$6.67	$9.50	-29.8%	COM	29270J100
ARES	ARES MANAGEMENT CORPORATION	15,000	$1.743M	1.2%	$116.17	$119.97	-3.2%	CL A COM STK	03990B101
APO	APOLLO GLOBAL MGMT INC	7,500	$870K	0.6%	$116.06	$125.75	-7.7%	COM	03769M106
RSP	INVESCO EXCHANGE TRADED FD T	100	$20,802	0.0%	$208.02	$204.64	+1.6%	S&P500 EQL WGT	46137V357
—	BLACKSTONE SENI FLTN RAT 202	2	$26	0.0%	$13.00	$13.00	—	COM	09256U105