Latest SYNTAX RESEARCH, INC. Stock Portfolio

SYNTAX RESEARCH, INC. Performance:

2025 Q3: 6.34%YTD: 11.62%2024: 3.46%

Performance for 2025 Q3 is 6.34%, and YTD is 11.62%, and 2024 is 3.46%.

About SYNTAX RESEARCH, INC. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, SYNTAX RESEARCH, INC. reported an equity portfolio of $155.6 Millions as of 30 Sep, 2025.

The top stock holdings of SYNTAX RESEARCH, INC. are IJR, IBCE, IJR. The fund has invested 9% of it's portfolio in ISHARES TR and 5.2% of portfolio in ISHARES TR.

The fund managers got completely rid off VALE S A - ADR (VALE), FMC CORP (FMC) and OCCIDENTAL PETROLEUM CORP (OXY) stocks. They significantly reduced their stock positions in ACCENTURE PLC IRELAND (ACN), ELEVANCE HEALTH INC FORMERLY (ELV) and WILLIS TOWERS WATSON PLC LTD (WTW). SYNTAX RESEARCH, INC. opened new stock positions in SELECT SECTOR SPDR TR (XLB), FIDELITY COVINGTON TRUST (FBCG) and AIRBNB INC-CLASS A (ABNB). The fund showed a lot of confidence in some stocks as they added substantially to APPLIED MATLS INC (AMAT), LOCKHEED MARTIN CORP (LMT) and UNITED PARCEL SERVICE-CL B (UPS).

SYNTAX RESEARCH, INC. Annual Return Estimates Vs S&P 500

Our best estimate is that SYNTAX RESEARCH, INC. made a return of 6.34% in the last quarter. In trailing 12 months, it's portfolio return was 9.38%.

New Buys

Ticker	$ Bought
select sector spdr tr	1,908,880
fidelity covington trust	1,903,110
airbnb inc-class a	1,864,650
equinix inc	1,174,860
woodward inc	1,010,840
oneok inc	912,125
constellation brands inc-a	808,020
take-two interactive softwar	729,609

New stocks bought by SYNTAX RESEARCH, INC.

Additions

Ticker	% Inc.
applied matls inc	11,134
lockheed martin corp	239
united parcel service-cl b	230
conocophillips	40.9
palo alto networks inc	22.08
merck & co inc	20.00
ishares tr	9.1
ishares tr	8.44

Additions to existing portfolio by SYNTAX RESEARCH, INC.

Reductions

Ticker	% Reduced
accenture plc ireland	-98.65
elevance health inc formerly	-95.97
willis towers watson plc ltd	-67.1
northrop grumman corp	-33.33
schlumberger ltd	-20.82
arista networks inc	-19.99
oracle corp	-17.05
dow inc	-14.07

SYNTAX RESEARCH, INC. reduced stake in above stock

Sold off

Ticker	$ Sold
vale s a - adr	-1,359,400
fmc corp	-1,085,500
occidental petroleum corp	-840,200
c4 therapeutics inc	-1,430
crispr therapeutics ag	-12,160
guardant health inc	-10,408
viking therapeutics inc	-5,300
moderna inc	-2,759

SYNTAX RESEARCH, INC. got rid off the above stocks

Sector Distribution

SYNTAX RESEARCH, INC. has about 50% of it's holdings in Others sector.

Sector	%
Others	50
Technology	19.3
Industrials	6.8
Healthcare	4.2
Communication Services	4.2
Real Estate	3.1
Energy	3
Financial Services	2.7
Consumer Cyclical	2.2
Basic Materials	2.2
Utilities	1.4

Market Cap. Distribution

SYNTAX RESEARCH, INC. has about 47.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	50
LARGE-CAP	26.5
MEGA-CAP	21.4
SMALL-CAP	1.3

Stocks belong to which Index?

About 49.3% of the stocks held by SYNTAX RESEARCH, INC. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	50.7
S&P 500	48
RUSSELL 2000	1.3

Top 5 Winners (%)		%
QS	quantumscape corp	83.3 %
INTC	intel corp	49.8 %
NEM	newmont corp	44.6 %
ANET	arista networks inc	42.4 %
LXRX	lexicon pharmaceuticals inc	42.2 %

Top 5 Winners ($)		$
AAPL	apple inc	1.4 M
ANET	arista networks inc	1.3 M
GOOG	alphabet inc-cl c	1.3 M
IJR	ishares tr	1.2 M
AVGO	broadcom inc	0.8 M

Top 5 Losers (%)		%
CARR	carrier global corporation	-18.4 %
ACN	accenture plc ireland	-17.5 %
ELV	elevance health inc formerly	-16.9 %
DOW	dow inc	-13.4 %
AMT	american tower corp new	-13.1 %

Top 5 Losers ($)		$
ACN	accenture plc ireland	-0.3 M
FCX	freeport mcmoran inc	-0.3 M
ELV	elevance health inc formerly	-0.2 M
ZTS	zoetis inc	-0.1 M
UPS	united parcel service-cl b	-0.1 M

SYNTAX RESEARCH, INC. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SYNTAX RESEARCH, INC.

SYNTAX RESEARCH, INC. has 171 stocks in it's portfolio. About 44.3% of the portfolio is in top 10 stocks. ACN proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for SYNTAX RESEARCH, INC. last quarter.

Last Reported on: 04 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAL	american airls group inc	0.00	200	2,248	unchanged	0.00

AAPL	apple inc	4.72	28,825	7,339,590	added	0.06

AAXJ	ishares tr	1.83	43,770	2,845,490	reduced	-0.2

AAXJ	ishares tr	0.00	255	8,064	unchanged	0.00

AAXJ	ishares tr	0.00	99.00	5,250	unchanged	0.00

AAXJ	ishares tr	0.00	35.00	3,311	unchanged	0.00

AAXJ	ishares tr	0.00	0.00	1.00	sold off

ABNB	airbnb inc-class a	1.20	15,357	1,864,650	new

ACN	accenture plc ireland	0.01	90.00	22,194	reduced	-98.65

ACWF	ishares tr	1.46	33,290	2,267,700	reduced	0.00

ACWF	ishares tr	0.00	122	5,283	unchanged	0.00

ADBE	adobe inc	0.01	52.00	18,343	unchanged	0.00

ADP	automatic data processing in	0.01	39.00	11,447	unchanged	0.00

AFK	vaneck etf trust	0.01	182	13,905	unchanged	0.00

ALL	allstate corp	0.00	28.00	6,011	unchanged	0.00

AMAT	applied matls inc	0.72	5,505	1,127,150	added	11,134

AMGN	amgen inc	0.04	237	66,882	unchanged	0.00

AMPS	ishares tr	0.92	15,103	1,436,900	added	5.55

AMPS	ishares tr	0.34	22,587	522,210	added	0.87

AMPS	ishares tr	0.01	165	20,205	unchanged	0.00