MB, LEVIS & ASSOCIATES, LLC

CIK 0002065807 · Q1 2026

13F Equity AUM

$239.7M

+0.9% QoQ

Positions

230

-12 QoQ

AUM Rank

#6,709

Top 54%

Skill Alpha (FF)

-4.3%/yr^ns

No Clear Edge

Rank #7,164 · Top 87%

vs S&P -13.8%/yr (unadj.)

Quarters Tracked

~3 years

Portfolio Concentration

Top 5: 35.9%Top 10: 63.7%Top 20: 82.9%

VEU8.3%

VV8.3%

DHS7.2%

DGRW6.4%

IBDW5.7%

IBCA5.7%

VCRM5.7%

IBDZ5.5%

IBDX5.5%

IBDY5.3%

Others (220)36.3%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services74.2%

Fund5.7%

Industrials5.5%

Technology4.6%

Healthcare3.5%

Consumer Defensive2.0%

Other4.5%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 230Median: 0.01%Avg: 0.43%

0–0.5%

197(7.9%)

0.5–1%

14(10.3%)

1–3%

7(9.8%)

3–5%

2(8.3%)

5%+

10(63.7%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 227Unique: 3vs 20 funds

3.1%Low

230

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

BANK OF AMERICA CORP /DE/

4.7%

4.2%

4.4%

6.7%

4.8%

4.6%

VANGUARD CAPITAL MANAGEMENT LLC

4.7%

GEODE CAPITAL MANAGEMENT, LLC

4.4%

VANGUARD PORTFOLIO MANAGEMENT LLC

5.2%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

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Position Changes This Quarter

New11Increased71Decreased32Exited22

New Positions

WTRG0.0%

+951

TMDX0.0%

+200

INFL0.0%

+200

MYRG0.0%

+25

LRCX0.0%

+25

VSNT0.0%

BIV0.0%

+64

KGC0.0%

+100

LITE0.0%

+10

MU0.0%

+10

Increased

CGMU4.5%

+37K(+10%)

TDVG0.9%

+33K(+185%)

IBDX5.5%

+8K(+2%)

IBDY5.3%

+8K(+2%)

IBDW5.7%

+7K(+1%)

IBDZ5.5%

+6K(+1%)

IBCA5.7%

+6K(+1%)

QGRO3.9%

+2K(+2%)

DHS7.2%

+2K(+1%)

VCRM5.7%

+2K(+1%)

Decreased

AACQGBP0.0%

-8,651(-97%)

KMI0.1%

-1,500(-22%)

MRK0.6%

-319(-3%)

INTC0.0%

-300(-30%)

NEE0.3%

-257(-3%)

ADP0.7%

-112(-1%)

PEP0.4%

-74(-1%)

NSC0.7%

-69(-1%)

BAC0.1%

-68(-2%)

AMGN0.4%

-62(-2%)

Exited

-1,490

-125

-70

-116

-220

-100

-275

-100

-10

-50

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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