Granger Management LLC Long-Term Concentrated

CIK: 0001842881 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $378,354 (100.0% shares, 0.0% debt)

Holdings (6)

Increased Positions (2)

ACWI ISHARES TR 69.5%

Value ($000) $262,906 (+119.9%) Shares 1,858,121 (+114.9%) Est. Cost $135.78 Unrealized —

XLE SELECT SECTOR SPDR TR 5.9%

Value ($000) $22,218 (+0.1%) Shares 496,946 (+100.0%) Est. Cost $63.92 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACWI	ISHARES TR	1,858,121 (+114.9%)	$262,906 (+119.9%)	69.5%	$135.78	—	MSCI ACWI ETF	464288257
XLE	SELECT SECTOR SPDR TR	496,946 (+100.0%)	$22,218 (+0.1%)	5.9%	$63.92	—	STATE STREET ENE	81369Y506

Decreased Positions (1)

SPY SPDR S&P 500 ETF TR 22.2%

Value ($000) $84,002 (-56.3%) Shares 122,825 (-57.3%) Est. Cost $490.62 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	122,825 (-57.3%)	$84,002 (-56.3%)	22.2%	$490.62	—	TR UNIT	78462F103

Unchanged Positions (3)

AMZN AMAZON COM INC 2.0%

Value ($000) $7,504 Shares 32,511 Est. Cost $128.86 Unrealized +77.5%

QQQ INVESCO QQQ TR 0.4%

Value ($000) $1,425 Shares 2,319 Est. Cost $355.10 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $299 Shares 1,100 Est. Cost $201.41 Unrealized +33.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMZN	AMAZON COM INC	32,511	$7,504	2.0%	$128.86	+77.5%	COM	023135106
QQQ	INVESCO QQQ TR	2,319	$1,425	0.4%	$355.10	—	UNIT SER 1	46090E103
AAPL	APPLE INC	1,100	$299	0.1%	$201.41	+33.2%	COM	037833100