LARCH CAPITAL PARTNERS LLC Concentrated Active

CIK: 0002112646 · Show all filings

Period: Q4 2025

Filing Date: Feb 20, 2026

Total Value ($000): $729,097 (100.0% shares, 0.0% debt)

Holdings (34)

NU NU HLDGS LTD 83.1%

Value ($000) $605,829 Shares 36,190,501 Est. Cost $16.07 Unrealized 0.0%

VALE VALE S A 2.5%

Value ($000) $18,229 Shares 1,374,389 Est. Cost $13.26 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 1.2%

Value ($000) $8,973 Shares 46,839 Est. Cost $191.57 Unrealized —

ACWI ISHARES TR 1.1%

Value ($000) $8,209 Shares 58,016 Est. Cost $141.49 Unrealized —

BBD BANCO BRADESCO S A 1.1%

Value ($000) $8,037 Shares 2,253,600 Est. Cost $3.57 Unrealized —

PBR PETROLEO BRASILEIRO SA PETRO 1.1%

Value ($000) $7,714 Shares 632,032 Est. Cost $12.20 Unrealized —

EMXC ISHARES INC 1.0%

Value ($000) $7,315 Shares 100,651 Est. Cost $72.68 Unrealized —

JPIE J P MORGAN EXCHANGE TRADED F 0.9%

Value ($000) $6,548 Shares 140,799 Est. Cost $46.50 Unrealized —

VWOB VANGUARD WHITEHALL FDS 0.9%

Value ($000) $6,379 Shares 94,599 Est. Cost $67.43 Unrealized —

FPE FIRST TR EXCH TRADED FD III 0.7%

Value ($000) $5,231 Shares 287,112 Est. Cost $18.22 Unrealized —

EMB ISHARES TR 0.7%

Value ($000) $4,937 Shares 51,280 Est. Cost $96.28 Unrealized —

IEUR ISHARES TR 0.6%

Value ($000) $4,665 Shares 65,726 Est. Cost $70.98 Unrealized —

SHYG ISHARES TR 0.6%

Value ($000) $4,154 Shares 96,900 Est. Cost $42.87 Unrealized —

EWJ ISHARES INC 0.6%

Value ($000) $4,096 Shares 50,733 Est. Cost $80.74 Unrealized —

IXN ISHARES TR 0.5%

Value ($000) $3,665 Shares 34,902 Est. Cost $105.00 Unrealized —

EEM ISHARES TR 0.5%

Value ($000) $3,601 Shares 65,815 Est. Cost $54.71 Unrealized —

PFXF VANECK ETF TRUST 0.4%

Value ($000) $2,952 Shares 167,160 Est. Cost $17.66 Unrealized —

HELO J P MORGAN EXCHANGE TRADED F 0.4%

Value ($000) $2,756 Shares 41,487 Est. Cost $66.44 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.4%

Value ($000) $2,570 Shares 41,141 Est. Cost $62.47 Unrealized —

QUAL ISHARES TR 0.3%

Value ($000) $2,350 Shares 11,833 Est. Cost $198.62 Unrealized —

AAXJ ISHARES TR 0.3%

Value ($000) $2,302 Shares 24,720 Est. Cost $93.12 Unrealized —

SPY SPDR S&P 500 ETF TR 0.3%

Value ($000) $1,875 Shares 2,742 Est. Cost $683.95 Unrealized —

INDA ISHARES TR 0.2%

Value ($000) $1,676 Shares 31,015 Est. Cost $54.05 Unrealized —

JBS JBS N.V. 0.1%

Value ($000) $1,028 Shares 71,290 Est. Cost $13.74 Unrealized 0.0%

NZAC SPDR INDEX SHS FDS 0.1%

Value ($000) $1,007 Shares 23,470 Est. Cost $42.89 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.1%

Value ($000) $516 Shares 9,604 Est. Cost $53.76 Unrealized —

FLOT ISHARES TR 0.1%

Value ($000) $509 Shares 10,006 Est. Cost $50.86 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $419 Shares 8,262 Est. Cost $50.77 Unrealized —

SPSB SPDR SERIES TRUST 0.0%

Value ($000) $336 Shares 11,115 Est. Cost $30.20 Unrealized —

HOOD ROBINHOOD MKTS INC 0.0%

Value ($000) $280 Shares 2,475 Est. Cost $130.05 Unrealized 0.0%

VGK Vanuard Intl Equity Index F 0.0%

Value ($000) $247 Shares 2,951 Est. Cost $83.61 Unrealized —

JAAA JANUS DETROIT STR TR 0.0%

Value ($000) $232 Shares 4,585 Est. Cost $50.58 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $232 Shares 782 Est. Cost $298.78 Unrealized 0.0%

MGK VANGUARD WORLD FD 0.0%

Value ($000) $229 Shares 554 Est. Cost $412.77 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NU	NU HLDGS LTD	36,190,501	$605,829	83.1%	$16.07	0.0%	ORD SHS CL A	G6683N103
VALE	VALE S A	1,374,389	$18,229	2.5%	$13.26	—	SPONSORED ADS	91912E105
RSP	INVESCO EXCHANGE TRADED FD T	46,839	$8,973	1.2%	$191.57	—	S&P500 EQL WGT	46137V357
ACWI	ISHARES TR	58,016	$8,209	1.1%	$141.49	—	MSCI ACWI ETF	464288257
BBD	BANCO BRADESCO S A	2,253,600	$8,037	1.1%	$3.57	—	SP ADR PFD NEW	059460303
PBR	PETROLEO BRASILEIRO SA PETRO	632,032	$7,714	1.1%	$12.20	—	SPONSORED ADR	71654V408
EMXC	ISHARES INC	100,651	$7,315	1.0%	$72.68	—	MSCI EMRG CHN	46434G764
JPIE	J P MORGAN EXCHANGE TRADED F	140,799	$6,548	0.9%	$46.50	—	INCOME ETF	46641Q159
VWOB	VANGUARD WHITEHALL FDS	94,599	$6,379	0.9%	$67.43	—	EM MK GOV BD ETF	921946885
FPE	FIRST TR EXCH TRADED FD III	287,112	$5,231	0.7%	$18.22	—	PFD SECS INC ETF	33739E108
EMB	ISHARES TR	51,280	$4,937	0.7%	$96.28	—	JPMORGAN USD EMG	464288281
IEUR	ISHARES TR	65,726	$4,665	0.6%	$70.98	—	CORE MSCI EURO	46434V738
SHYG	ISHARES TR	96,900	$4,154	0.6%	$42.87	—	0-5YR HI YL CP	46434V407
EWJ	ISHARES INC	50,733	$4,096	0.6%	$80.74	—	MSCI JAPAN ETF	46434G822
IXN	ISHARES TR	34,902	$3,665	0.5%	$105.00	—	GLOBAL TECH ETF	464287291
EEM	ISHARES TR	65,815	$3,601	0.5%	$54.71	—	MSCI EMG MKT ETF	464287234
PFXF	VANECK ETF TRUST	167,160	$2,952	0.4%	$17.66	—	PREFERRED SECURT	92189F429
HELO	J P MORGAN EXCHANGE TRADED F	41,487	$2,756	0.4%	$66.44	—	HEDGED EQUITY LA	46654Q724
VEA	VANGUARD TAX-MANAGED FDS	41,141	$2,570	0.4%	$62.47	—	VAN FTSE DEV MKT	921943858
QUAL	ISHARES TR	11,833	$2,350	0.3%	$198.62	—	MSCI USA QLT FCT	46432F339
AAXJ	ISHARES TR	24,720	$2,302	0.3%	$93.12	—	MSCI AC ASIA ETF	464288182
SPY	SPDR S&P 500 ETF TR	2,742	$1,875	0.3%	$683.95	—	TR UNIT	78462F103
INDA	ISHARES TR	31,015	$1,676	0.2%	$54.05	—	MSCI INDIA ETF	46429B598
JBS	JBS N.V.	71,290	$1,028	0.1%	$13.74	0.0%	CL A SHS	N4732M103
NZAC	SPDR INDEX SHS FDS	23,470	$1,007	0.1%	$42.89	—	MSCI ACWI CLMTE	78463X194
VWO	VANGUARD INTL EQUITY INDEX F	9,604	$516	0.1%	$53.76	—	FTSE EMR MKT ETF	922042858
FLOT	ISHARES TR	10,006	$509	0.1%	$50.86	—	FLTG RATE NT ETF	46429B655
JPST	J P MORGAN EXCHANGE TRADED F	8,262	$419	0.1%	$50.77	—	ULTRA SHRT ETF	46641Q837
SPSB	SPDR SERIES TRUST	11,115	$336	0.0%	$30.20	—	STATE STREET SPD	78464A474
HOOD	ROBINHOOD MKTS INC	2,475	$280	0.0%	$130.05	0.0%	COM CL A	770700102
VGK	Vanuard Intl Equity Index F	2,951	$247	0.0%	$83.61	—	FTSE Europe ETF	922042874
JAAA	JANUS DETROIT STR TR	4,585	$232	0.0%	$50.58	—	HENDRSON AAA CL	47103U845
IBM	INTERNATIONAL BUSINESS MACHS	782	$232	0.0%	$298.78	0.0%	COM	459200101
MGK	VANGUARD WORLD FD	554	$229	0.0%	$412.77	—	MEGA GRWTH IND	921910816