13F
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Tamar Securities, LLC

13F equity value
$932M
Positions
80
Top 10 concentration
42.7%
Quarters / total new picks
19 / 64
13F equity value over time
$0M$473M$945M2020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 19 quarters, returned +6.0% per quarter — versus +3.5% per quarter from simply owning every 13F stock. It beat that baseline in only 52.6% of quarters (excess t = 0.53, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+3.2%
t-stat
0.53
Quarterly win rate
53%
Annualized excess
+6.6%
$1 → follow vs universe
$2.34 vs $1.79
Cumulative return: $1 invested in new picks vs universe
1.00 20200930: universe 1.22620201231: universe 1.28220210331: universe 1.29420210630: universe 1.39720210930: universe 1.25420211231: universe 1.06720220331: universe 1.14620220630: universe 1.06220230331: universe 1.11920230930: universe 1.27020231231: universe 1.32720240331: universe 1.35620240630: universe 1.48020240930: universe 1.46720241231: universe 1.36920250331: universe 1.49320250630: universe 1.53920250930: universe 1.73120251231: universe 1.791 20200930: follow 1.30120201231: follow 1.19920210331: follow 1.31620210630: follow 1.74020210930: follow 1.31820211231: follow 0.93920220331: follow 0.98720220630: follow 0.85320230331: follow 0.92120230930: follow 1.02220231231: follow 0.96720240331: follow 1.00720240630: follow 1.33420240930: follow 1.71720241231: follow 1.71320250331: follow 1.85520250630: follow 1.92920250930: follow 2.08720251231: follow 2.344 0.79 1.66 2.53 202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 80 · 2026 Q1

Ticker Value Weight QoQ
GOOG $53M
5.7%
TRIM
IBOC $51M
5.5%
ADD
AMZN $50M
5.3%
ADD
META $42M
4.5%
ADD
MSFT $40M
4.3%
ADD
AAPL $35M
3.7%
HOLD
MELI $35M
3.7%
ADD
ASML $32M
3.5%
TRIM
XOM $31M
3.3%
ADD
FCX $30M
3.2%
ADD
AMGN $29M
3.1%
ADD
REGN $27M
2.9%
TRIM
SNPS $27M
2.9%
ADD
RTX $26M
2.8%
TRIM
V $25M
2.7%
ADD
BABA $23M
2.5%
ADD
QCOM $22M
2.3%
ADD
TSLA $21M
2.3%
TRIM
NVDA $21M
2.2%
HOLD
SHW $21M
2.2%
ADD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

GEVMUSPOTTOST

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.