STEPHEN J. GARRY & ASSOCIATES, LLC Long-Term Concentrated

CIK: 0002056402 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 16, 2026

Total Value ($000): $126,091 (100.0% shares, 0.0% debt)

Holdings (51)

New Positions (4)

SLV ISHARES SILVER TR 0.5%

Value ($000) $592 Shares 9,185 Est. Cost $64.42 Unrealized —

NLR VANECK ETF TRUST 0.3%

Value ($000) $371 Shares 2,985 Est. Cost $124.20 Unrealized —

VFH VANGUARD WORLD FD 0.2%

Value ($000) $304 Shares 2,280 Est. Cost $133.49 Unrealized —

XBI SPDR SERIES TRUST 0.2%

Value ($000) $282 Shares 2,315 Est. Cost $121.93 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SLV	ISHARES SILVER TR	9,185	$592	0.5%	$64.42	—	ISHARES	46428Q109
NLR	VANECK ETF TRUST	2,985	$371	0.3%	$124.20	—	URANIUM AND NUCL	92189F601
VFH	VANGUARD WORLD FD	2,280	$304	0.2%	$133.49	—	FINANCIALS ETF	92204A405
XBI	SPDR SERIES TRUST	2,315	$282	0.2%	$121.93	—	STATE STREET SPD	78464A870

Increased Positions (9)

VTV VANGUARD INDEX FDS 4.4%

Value ($000) $5,509 (+5.1%) Shares 28,846 (+2.6%) Est. Cost $151.69 Unrealized —

BIV VANGUARD BD INDEX FDS 6.4%

Value ($000) $8,081 (+2.8%) Shares 103,756 (+3.1%) Est. Cost $76.09 Unrealized —

BND VANGUARD BD INDEX FDS 7.7%

Value ($000) $9,707 (+1.7%) Shares 131,046 (+2.1%) Est. Cost $73.27 Unrealized —

ARTY ISHARES TR 1.3%

Value ($000) $1,630 (+10.0%) Shares 33,829 (+4.5%) Est. Cost $43.28 Unrealized —

IWF ISHARES TR 0.5%

Value ($000) $670 (+22.7%) Shares 1,415 (+21.5%) Est. Cost $394.22 Unrealized —

ITA ISHARES TR 0.8%

Value ($000) $1,041 (+10.3%) Shares 4,849 (+7.5%) Est. Cost $203.50 Unrealized —

AMZN AMAZON COM INC 0.4%

Value ($000) $554 (+6.7%) Shares 2,399 (+1.5%) Est. Cost $149.03 Unrealized +53.5%

ETHE GRAYSCALE ETHEREUM TRUST ETF 0.2%

Value ($000) $249 (+12.3%) Shares 10,219 (+58.0%) Est. Cost $30.64 Unrealized —

BAI BLACKROCK ETF TRUST 0.8%

Value ($000) $1,032 (+0.3%) Shares 31,005 (+2.9%) Est. Cost $31.15 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTV	VANGUARD INDEX FDS	28,846 (+2.6%)	$5,509 (+5.1%)	4.4%	$151.69	—	VALUE ETF	922908744
BIV	VANGUARD BD INDEX FDS	103,756 (+3.1%)	$8,081 (+2.8%)	6.4%	$76.09	—	INTERMED TERM	921937819
BND	VANGUARD BD INDEX FDS	131,046 (+2.1%)	$9,707 (+1.7%)	7.7%	$73.27	—	TOTAL BND MRKT	921937835
ARTY	ISHARES TR	33,829 (+4.5%)	$1,630 (+10.0%)	1.3%	$43.28	—	FUTURE AI & TECH	46435U556
IWF	ISHARES TR	1,415 (+21.5%)	$670 (+22.7%)	0.5%	$394.22	—	RUS 1000 GRW ETF	464287614
ITA	ISHARES TR	4,849 (+7.5%)	$1,041 (+10.3%)	0.8%	$203.50	—	US AER DEF ETF	464288760
AMZN	AMAZON COM INC	2,399 (+1.5%)	$554 (+6.7%)	0.4%	$149.03	+53.5%	COM	023135106
ETHE	GRAYSCALE ETHEREUM TRUST ETF	10,219 (+58.0%)	$249 (+12.3%)	0.2%	$30.64	—	SHS	389638107
BAI	BLACKROCK ETF TRUST	31,005 (+2.9%)	$1,032 (+0.3%)	0.8%	$31.15	—	ISHARES A I INNO	09290C780

Exited Positions (4)

HD HOME DEPOT INC 0.2%

Value ($000) $267 Shares 658 Est. Cost $389.16 Unrealized -6.3%

BTC GRAYSCALE BITCOIN MINI TR ET 0.2%

Value ($000) $229 Shares 4,529 Est. Cost $50.63 Unrealized —

MPC MARATHON PETE CORP 0.2%

Value ($000) $228 Shares 1,185 Est. Cost $174.47 Unrealized +6.8%

SPLV INVESCO EXCH TRADED FD TR II 0.2%

Value ($000) $205 Shares 2,790 Est. Cost $62.66 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HD	HOME DEPOT INC	658	$267	0.2%	$389.16	-6.3%	—	437076102
BTC	GRAYSCALE BITCOIN MINI TR ET	4,529	$229	0.2%	$50.63	—	—	389930207
MPC	MARATHON PETE CORP	1,185	$228	0.2%	$174.47	+6.8%	—	56585A102
SPLV	INVESCO EXCH TRADED FD TR II	2,790	$205	0.2%	$62.66	—	—	46138E354

Decreased Positions (15)

VUG VANGUARD INDEX FDS 21.2%

Value ($000) $26,689 (-2.0%) Shares 54,705 (-3.6%) Est. Cost $313.35 Unrealized —

VTEI VANGUARD MUN BD FDS 0.8%

Value ($000) $1,053 (-25.4%) Shares 10,446 (-25.8%) Est. Cost $99.39 Unrealized —

MUB ISHARES TR 1.1%

Value ($000) $1,420 (-18.8%) Shares 13,261 (-19.2%) Est. Cost $106.94 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 2.0%

Value ($000) $2,471 (-8.2%) Shares 30,997 (-7.9%) Est. Cost $77.37 Unrealized —

VOO VANGUARD INDEX FDS 8.2%

Value ($000) $10,283 (-2.0%) Shares 16,397 (-4.4%) Est. Cost $461.44 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.4%

Value ($000) $1,730 (-9.7%) Shares 3,442 (-9.7%) Est. Cost $479.12 Unrealized +3.8%

SPY SPDR S&P 500 ETF TR 4.9%

Value ($000) $6,234 (-2.2%) Shares 9,142 (-4.5%) Est. Cost $484.20 Unrealized —

SHY ISHARES TR 1.8%

Value ($000) $2,214 (-3.7%) Shares 26,728 (-3.6%) Est. Cost $82.16 Unrealized —

USMV ISHARES TR 0.8%

Value ($000) $947 (-3.9%) Shares 10,055 (-2.9%) Est. Cost $78.03 Unrealized —

PAVE GLOBAL X FDS 0.5%

Value ($000) $578 (-4.4%) Shares 12,090 (-4.7%) Est. Cost $34.46 Unrealized —

IVV ISHARES TR 4.0%

Value ($000) $5,094 (+0.5%) Shares 7,437 (-1.8%) Est. Cost $479.25 Unrealized —

IWO ISHARES TR 2.7%

Value ($000) $3,371 (-0.6%) Shares 10,435 (-1.6%) Est. Cost $253.04 Unrealized —

IVOG VANGUARD ADMIRAL FDS INC 3.5%

Value ($000) $4,410 (-0.4%) Shares 36,691 (-1.0%) Est. Cost $98.66 Unrealized —

IVW ISHARES TR 0.7%

Value ($000) $899 (+1.0%) Shares 7,290 (-1.1%) Est. Cost $80.31 Unrealized —

VAW VANGUARD WORLD FD 0.4%

Value ($000) $558 (+0.2%) Shares 2,686 (-1.1%) Est. Cost $189.94 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VUG	VANGUARD INDEX FDS	54,705 (-3.6%)	$26,689 (-2.0%)	21.2%	$313.35	—	GROWTH ETF	922908736
VTEI	VANGUARD MUN BD FDS	10,446 (-25.8%)	$1,053 (-25.4%)	0.8%	$99.39	—	INTERMEDIATE TRM	922907738
MUB	ISHARES TR	13,261 (-19.2%)	$1,420 (-18.8%)	1.1%	$106.94	—	NATIONAL MUN ETF	464288414
VCSH	VANGUARD SCOTTSDALE FDS	30,997 (-7.9%)	$2,471 (-8.2%)	2.0%	$77.37	—	SHRT TRM CORP BD	92206C409
VOO	VANGUARD INDEX FDS	16,397 (-4.4%)	$10,283 (-2.0%)	8.2%	$461.44	—	S&P 500 ETF SHS	922908363
BRK/B	BERKSHIRE HATHAWAY INC DEL	3,442 (-9.7%)	$1,730 (-9.7%)	1.4%	$479.12	+3.8%	CL B NEW	084670702
SPY	SPDR S&P 500 ETF TR	9,142 (-4.5%)	$6,234 (-2.2%)	4.9%	$484.20	—	TR UNIT	78462F103
SHY	ISHARES TR	26,728 (-3.6%)	$2,214 (-3.7%)	1.8%	$82.16	—	1 3 YR TREAS BD	464287457
USMV	ISHARES TR	10,055 (-2.9%)	$947 (-3.9%)	0.8%	$78.03	—	MSCI USA MIN VOL	46429B697
PAVE	GLOBAL X FDS	12,090 (-4.7%)	$578 (-4.4%)	0.5%	$34.46	—	US INFR DEV ETF	37954Y673
IVV	ISHARES TR	7,437 (-1.8%)	$5,094 (+0.5%)	4.0%	$479.25	—	CORE S&P500 ETF	464287200
IWO	ISHARES TR	10,435 (-1.6%)	$3,371 (-0.6%)	2.7%	$253.04	—	RUS 2000 GRW ETF	464287648
IVOG	VANGUARD ADMIRAL FDS INC	36,691 (-1.0%)	$4,410 (-0.4%)	3.5%	$98.66	—	MIDCP 400 GRTH	921932869
IVW	ISHARES TR	7,290 (-1.1%)	$899 (+1.0%)	0.7%	$80.31	—	S&P 500 GRWT ETF	464287309
VAW	VANGUARD WORLD FD	2,686 (-1.1%)	$558 (+0.2%)	0.4%	$189.94	—	MATERIALS ETF	92204A801

Unchanged Positions (23)

IAU ISHARES GOLD TR 10.2%

Value ($000) $12,915 Shares 159,116 Est. Cost $39.92 Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 0.5%

Value ($000) $692 Shares 10,116 Est. Cost $45.91 Unrealized —

GOOGL ALPHABET INC 0.3%

Value ($000) $439 Shares 1,401 Est. Cost $167.26 Unrealized +70.7%

AAPL APPLE INC 1.2%

Value ($000) $1,458 Shares 5,364 Est. Cost $187.43 Unrealized +43.2%

VBK VANGUARD INDEX FDS 3.7%

Value ($000) $4,668 Shares 15,451 Est. Cost $265.02 Unrealized —

MSFT MICROSOFT CORP 0.4%

Value ($000) $467 Shares 966 Est. Cost $350.36 Unrealized +42.9%

QQQ INVESCO QQQ TR 0.9%

Value ($000) $1,151 Shares 1,873 Est. Cost $463.78 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.2%

Value ($000) $264 Shares 301 Est. Cost $571.74 Unrealized +42.3%

VO VANGUARD INDEX FDS 0.9%

Value ($000) $1,154 Shares 3,975 Est. Cost $233.16 Unrealized —

IWP ISHARES TR 0.2%

Value ($000) $299 Shares 2,187 Est. Cost $104.46 Unrealized —

DIA SPDR DOW JONES INDL AVERAGE 0.2%

Value ($000) $292 Shares 608 Est. Cost $376.87 Unrealized —

VB VANGUARD INDEX FDS 0.4%

Value ($000) $526 Shares 2,041 Est. Cost $214.81 Unrealized —

ED CONSOLIDATED EDISON INC 0.4%

Value ($000) $541 Shares 5,452 Est. Cost $83.05 Unrealized +19.0%

IJK ISHARES TR 0.5%

Value ($000) $568 Shares 5,860 Est. Cost $79.22 Unrealized —

NVDA NVIDIA CORPORATION 0.5%

Value ($000) $649 Shares 3,482 Est. Cost $100.48 Unrealized +85.2%

IJR ISHARES TR 0.2%

Value ($000) $312 Shares 2,596 Est. Cost $108.51 Unrealized —

TSLA TESLA INC 0.2%

Value ($000) $230 Shares 512 Est. Cost $346.84 Unrealized +27.8%

ANIX ANIXA BIOSCIENCES INC 0.0%

Value ($000) $31 Shares 10,080 Est. Cost $3.37 Unrealized +21.4%

BA BOEING CO 0.2%

Value ($000) $252 Shares 1,161 Est. Cost $188.88 Unrealized +8.9%

NYF ISHARES TR 0.2%

Value ($000) $220 Shares 4,110 Est. Cost $53.22 Unrealized —

ISTB ISHARES TR 0.2%

Value ($000) $275 Shares 5,640 Est. Cost $47.56 Unrealized —

SUB ISHARES TR 0.3%

Value ($000) $391 Shares 3,667 Est. Cost $105.48 Unrealized —

EFG ISHARES TR 0.3%

Value ($000) $324 Shares 2,840 Est. Cost $98.44 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IAU	ISHARES GOLD TR	159,116	$12,915	10.2%	$39.92	—	ISHARES NEW	464285204
GBTC	GRAYSCALE BITCOIN TRUST ETF	10,116	$692	0.5%	$45.91	—	SHS REP COM UT	389637109
GOOGL	ALPHABET INC	1,401	$439	0.3%	$167.26	+70.7%	CAP STK CL A	02079K305
AAPL	APPLE INC	5,364	$1,458	1.2%	$187.43	+43.2%	COM	037833100
VBK	VANGUARD INDEX FDS	15,451	$4,668	3.7%	$265.02	—	SML CP GRW ETF	922908595
MSFT	MICROSOFT CORP	966	$467	0.4%	$350.36	+42.9%	COM	594918104
QQQ	INVESCO QQQ TR	1,873	$1,151	0.9%	$463.78	—	UNIT SER 1	46090E103
GS	GOLDMAN SACHS GROUP INC	301	$264	0.2%	$571.74	+42.3%	COM	38141G104
VO	VANGUARD INDEX FDS	3,975	$1,154	0.9%	$233.16	—	MID CAP ETF	922908629
IWP	ISHARES TR	2,187	$299	0.2%	$104.46	—	RUS MD CP GR ETF	464287481
DIA	SPDR DOW JONES INDL AVERAGE	608	$292	0.2%	$376.87	—	UT SER 1	78467X109
VB	VANGUARD INDEX FDS	2,041	$526	0.4%	$214.81	—	SMALL CP ETF	922908751
ED	CONSOLIDATED EDISON INC	5,452	$541	0.4%	$83.05	+19.0%	COM	209115104
IJK	ISHARES TR	5,860	$568	0.5%	$79.22	—	S&P MC 400GR ETF	464287606
NVDA	NVIDIA CORPORATION	3,482	$649	0.5%	$100.48	+85.2%	COM	67066G104
IJR	ISHARES TR	2,596	$312	0.2%	$108.51	—	CORE S&P SCP ETF	464287804
TSLA	TESLA INC	512	$230	0.2%	$346.84	+27.8%	COM	88160R101
ANIX	ANIXA BIOSCIENCES INC	10,080	$31	0.0%	$3.37	+21.4%	COM	03528H109
BA	BOEING CO	1,161	$252	0.2%	$188.88	+8.9%	COM	097023105
NYF	ISHARES TR	4,110	$220	0.2%	$53.22	—	NEW YORK MUN ETF	464288323
ISTB	ISHARES TR	5,640	$275	0.2%	$47.56	—	CORE 1 5 YR USD	46432F859
SUB	ISHARES TR	3,667	$391	0.3%	$105.48	—	SHRT NAT MUN ETF	464288158
EFG	ISHARES TR	2,840	$324	0.3%	$98.44	—	EAFE GRWTH ETF	464288885