In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Continental Advisors LLC reported 40 stock positions worth $161.3 million . Its top holding was Viatris (VTRS) at 7.4% of the portfolio, followed by Western Union (WU, 7.2% ) and Pfizer (PFE, 6.7% ). Compared with Q4 2025, it opened 5 new positions, sold out of 1, added to 7 and reduced 20. The biggest buy was a new position in Kraft Heinz (KHC) and the biggest sale Teva Pharmaceutical-SP ADR (TEVA, shares −16% ).
Location Park City, UT
CIK 0001277779
Portfolio Value $161.3M (Q1 2026) Holdings 40 stocks · $161.3M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2025 VTRS Viatris Inc. 888,750 $12.0M Reduce -2.1% WU Western Union Co. 1,333,083 $11.6M Add +22.0% PFE Pfizer Inc. 386,438 $10.9M Reduce -3.6% TEVA Teva Pharmaceutical-SP ADR 242,118 $7.3M Reduce -16.0% FHI Federated Hermes Inc. 116,359 $6.6M Reduce -7.5% TFC Truist Financial Corp. 139,650 $6.4M Reduce -13.3% COF Capital One Financial Corp. 33,405 $6.1M Add +6.7% UBER Uber Technologies Inc. 78,548 $5.6M No change C Citigroup Inc. 48,434 $5.5M Reduce -10.2% XRAY Dentsply Sirona Inc. 448,565 $5.2M Reduce -14.1% WFC Wells Fargo & Co. 63,606 $5.1M Reduce -3.8% KHC The Kraft Heinz Co. 224,500 $5.0M New RF Regions Financial Corp. 175,000 $4.6M Reduce -1.1% PRGO Perrigo Co. PLC 418,470 $4.5M Add +39.2% LVS Las Vegas Sands Corp. 81,825 $4.4M No change BMY Bristol-Myers Squibb Co. 69,754 $4.2M Reduce -6.7% GILD Gilead Sciences Inc. 28,367 $4.0M Reduce -13.7% AMLP Alerian MLP ETF 74,723 $3.9M Reduce -1.3% BKD Brookdale Senior Living Inc. 287,414 $3.9M Reduce -17.5% FISV Fiserv Inc. 69,000 $3.9M New XBI SS SPDR S&P Biotech ETF 27,700 $3.5M No change BAX Baxter International Inc. 203,627 $3.4M Add +221.2% JPM JPMorgan Chase & Co. 10,735 $3.2M No change EQH Equitable Holdings Inc. 82,500 $3.1M New NTRS Northern Trust Corp. 21,701 $3.0M Reduce -15.9% IEMG iShares Core MSCI Emerging 40,800 $2.8M No change B Barrick Mining Corp. 61,450 $2.5M Reduce -16.7% GS Goldman Sachs Group Inc. 2,893 $2.4M Reduce -12.2% IVZ Invesco Ltd. 97,690 $2.4M No change XLE SS Energy Select Sector 38,000 $2.3M Reduce -48.0% SSB Southstate Bank Corp. 22,012 $2.0M Add +18.9% FNF Fidelity National Financial 41,041 $1.9M New SHEL Shell PLC-ADR 18,520 $1.7M Reduce -49.3% RPAY Repay Holdings Corp. 651,461 $1.7M Add +6.1% DVA Davita Inc. 11,000 $1.7M New ALIT Alight Inc. Class A 1,737,727 $1.0M Add +85.3% RVSB Riverview Bancorp Inc. 86,004 $473K No change UCB United Community Banks 14,834 $467K Reduce -17.6% FBNC First Bancorp 8,000 $451K Reduce -36.2% HBAN Huntington Bancshares Inc. 26,055 $408K No change
Options reported separately and not counted above: SPY puts ($20.2M), PFE calls ($3.5M), PRGO calls ($3.1M), XRAY calls ($2.2M), FISV calls ($1.7M), KHC calls ($1.3M), WU calls ($808K), UBER calls ($719K), VTRS calls ($631K), BAX calls ($504K).
Portfolio Sells Q4 2025 → Q1 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▲ TEVA Teva Pharmaceutical-SP ADR Reduce -16.0% 4.52% −1.31 TFC Truist Financial Corp. Reduce -13.3% 3.98% −1.16 WFC Wells Fargo & Co. Reduce -3.8% 3.14% −0.86 C Citigroup Inc. Reduce -10.2% 3.41% −0.68 XLE SS Energy Select Sector Reduce -48.0% 1.44% −0.67 SHEL Shell PLC-ADR Reduce -49.3% 1.07% −0.67 XRAY Dentsply Sirona Inc. Reduce -14.1% 3.23% −0.64 B Barrick Mining Corp. Reduce -16.7% 1.55% −0.53 NTRS Northern Trust Corp. Reduce -15.9% 1.88% −0.41 GS Goldman Sachs Group Inc. Reduce -12.2% 1.52% −0.36 RF Regions Financial Corp. Reduce -1.1% 2.83% −0.28 SBCF Seacoast Banking Corp. Sold out 0.00% −0.18 GILD Gilead Sciences Inc. Reduce -13.7% 2.45% −0.17 FHI Federated Hermes Inc. Reduce -7.5% 4.09% −0.16 FBNC First Bancorp Reduce -36.2% 0.28% −0.13 UCB United Community Banks Reduce -17.6% 0.29% −0.07 BKD Brookdale Senior Living Inc. Reduce -17.5% 2.44% −0.00 BMY Bristol-Myers Squibb Co. Reduce -6.7% 2.62% +0.01 VTRS Viatris Inc. Reduce -2.1% 7.44% +0.11 AMLP Alerian MLP ETF Reduce -1.3% 2.44% +0.13 PFE Pfizer Inc. Reduce -3.6% 6.73% +0.25
Portfolio Buys Q4 2025 → Q1 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2025 % Of Portfolio Change To Portfolio ▼ KHC The Kraft Heinz Co. New 3.13% +3.13 FISV Fiserv Inc. New 2.39% +2.39 EQH Equitable Holdings Inc. New 1.90% +1.90 BAX Baxter International Inc. Add +221.2% 2.12% +1.33 FNF Fidelity National Financial New 1.18% +1.18 DVA Davita Inc. New 1.05% +1.05 WU Western Union Co. Add +22.0% 7.21% +0.61 SSB Southstate Bank Corp. Add +18.9% 1.26% +0.13 PRGO Perrigo Co. PLC Add +39.2% 2.79% +0.07 RPAY Repay Holdings Corp. Add +6.1% 1.05% −0.40 ALIT Alight Inc. Class A Add +85.3% 0.63% −0.56 COF Capital One Financial Corp. Add +6.7% 3.78% −1.14
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ SPY SS SPDR S&P 500 ETF Trust-US put Reduce -65.6% 31,000 $20.2M PFE Pfizer Inc. call Reduce -49.0% 125,000 $3.5M PRGO Perrigo Co. PLC call Add +18.0% 286,000 $3.1M XRAY Dentsply Sirona Inc. call Reduce -40.3% 191,400 $2.2M FISV Fiserv Inc. call New 30,000 $1.7M B Barrick Mining Corp. put Sold out 33,000 $1.4Mbefore exit KHC The Kraft Heinz Co. call New 60,000 $1.3M WU Western Union Co. call Reduce -80.3% 92,500 $808K UBER Uber Technologies Inc. call New 10,000 $719K VTRS Viatris Inc. call Reduce -74.6% 46,700 $631K BAX Baxter International Inc. call New 30,000 $504K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 40 $170.4M VTRS, PFE, WU, TEVA, XRAY Q1 2026 40 $161.3M VTRS, WU, PFE, TEVA, FHI Q4 2025 36 $154.2M VTRS, WU, PFE, TEVA, TFC Q3 2025 35 $148.0M PFE, VTRS, UBER, COF, TFC Q2 2025 36 $139.7M PFE, VTRS, COF, UBER, FHI Q1 2025 33 $134.7M WU, PFE, VTRS, UBER, FHI Q4 2024 34 $131.8M WU, VTRS, COF, TEVA, FHI Q3 2024 33 $135.5M VTRS, UBER, WU, COF, TFC Q2 2024 35 $129.4M UBER, VTRS, PFE, TFC, WU Q1 2024 33 $126.3M PFE, UBER, WU, COF, TEVA