Raelipskie Partnership

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Raelipskie Partnership reported 116 stock positions worth $232.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 11.4% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 8.6%) and Invesco S&P 500 Equal Weight (RSP, 8.0%). Compared with Q2 2025, it opened 3 new positions, sold out of 4, added to 15 and reduced 31. The biggest buy was Broadcom (AVGO, shares +0%) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −4%).

Most Recent 13F
Q2 2026
Location
WATERLOO, A6
CIK
0002023896
Portfolio Value
$232.8M (Q3 2025)
SEC Filing
0001062993-25-016443 ↗ filed Nov 4, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $175.5M Q1 2024 Q2 2024: $187.4M Q2 2024 Q3 2024: $205.1M Q3 2024 Q4 2024: $201.3M Q4 2024 Q1 2025: $194.6M Q1 2025 Q2 2025: $218.5M Q2 2025 Q3 2025: $232.8M $232.8M Q3 2025 Q4 2025: $238.5M Q4 2025 Q1 2026: $236.2M Q1 2026 Q2 2026: $264.8M Q2 2026

Holdings 116 stocks · $232.8M
SPY SS SPDR S&P 500 ETF Trust-US 11.36% 39,696 $26.4M Reduce -0.1%
VEA Vanguard Ftse Developed ETF 8.57% 333,058 $20.0M Add +1.8%
RSP Invesco S&P 500 Equal Weight 8.01% 98,350 $18.7M Add +0.6%
QQQ Invesco QQQ Trust Series 1 7.96% 30,864 $18.5M Reduce -0.4%
VWO Vanguard Ftse Emerging Marke 6.19% 265,799 $14.4M Reduce -0.6%
IWM iShares Russell 2000 ETF 5.10% 49,071 $11.9M Reduce -0.5%
MSFT Microsoft Corp. 3.99% 17,942 $9.3M Reduce -0.9%
EMXC iShares MSCI Emr MRK Ex Chna 3.95% 136,082 $9.2M Add +0.8%
IVOO Vanguard S&P Mid-Cap 400 ETF 3.58% 75,565 $8.3M Reduce -2.6%
AAPL Apple Inc. 2.80% 25,563 $6.5M Reduce -1.9%
JPM JPMorgan Chase & Co. 2.17% 16,048 $5.1M Reduce -0.8%
NOVARTIS ADR (CHE) 1.69% 30,617 $3.9M Add +0.1%
GOOGL Alphabet Inc. Class A 1.54% 14,712 $3.6M Reduce -2.4%
EXXON MOBIL CORP (USA) 1.33% 27,407 $3.1M Reduce -0.7%
AMAZON COM INC (USA) 1.28% 13,598 $3.0M Add +0.9%
HD Home Depot Inc. 1.22% 7,002 $2.8M Reduce -1.2%
AVGO Broadcom Inc. 1.19% 8,420 $2.8M Add +0.3%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 1.12% 36,784 $2.6M No change
WALMART STORES INC (USA) 1.12% 25,269 $2.6M Reduce -0.4%
PEPSI CO (USA) 1.11% 18,472 $2.6M Reduce -2.2%
META Meta Platforms Inc. Class A 1.11% 3,519 $2.6M Add +0.7%
BRK.B Berkshire Hathaway Inc. Class B 1.11% 5,121 $2.6M Add +2.0%
JNJ Johnson & Johnson 1.09% 13,642 $2.5M Add +0.0%
VISA INC CLASS-A (USA) 1.08% 7,360 $2.5M Reduce -0.3%
SAN Banco Santander SA-Spon ADR 0.97% 216,402 $2.3M No change
PG The Procter & Gamble Co. 0.95% 14,355 $2.2M Add +0.7%
TM Toyota Motor Corp. -Spon ADR 0.94% 11,447 $2.2M No change
MCDONALD'S CORP (USA) 0.94% 7,168 $2.2M Add +0.1%
EADSY Airbus SE - Unsp ADR 0.86% 34,552 $2.0M No change
HDV iShares Core High Dividend E 0.83% 15,745 $1.9M Add +1.2%
CSCO Cisco Systems Inc. 0.82% 27,819 $1.9M Reduce -4.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.79% 35,457 $1.8M Reduce -0.1%
NSRGY Nestle SA-Spons ADR 0.72% 18,259 $1.7M No change
NEE Nextera Energy Inc. 0.68% 20,997 $1.6M Add +1.0%
GE General Electric filed as GE AEROSPACE 0.67% 5,189 $1.6M No change
SONY Sony Group Corp. - SP ADR 0.67% 54,181 $1.6M No change
MERCK CO INC-NEW (USA) 0.65% 17,949 $1.5M Reduce -3.0%
IBB iShares Biotechnology ETF 0.61% 9,773 $1.4M Reduce -18.9%
AMERICAN TOWER CORP (USA) 0.60% 7,232 $1.4M Add +4.2%
UBER Uber Technologies Inc. 0.58% 13,696 $1.3M No change
PRU Prudential Financial Inc. 0.50% 11,331 $1.2M Reduce -4.8%
CRM Salesforce Inc. 0.50% 4,877 $1.2M Reduce -0.5%
UNP Union Pacific Corp. 0.47% 4,610 $1.1M Reduce -1.1%
ACN Accenture PLC Class A 0.46% 4,303 $1.1M No change
BHP BHP Group Ltd.-Spon ADR 0.45% 18,727 $1.0M No change
SPOTIFY TECHNOLOGY S.A. (SWE) 0.44% 1,461 $1.0M No change
LVMH MOET HENNESSY LO-ADR (FRA) 0.42% 8,057 $985K No change
NVO Novo-Nordisk A/S-Spons ADR 0.42% 17,520 $972K Reduce -4.4%
UNITED HEALTH GROUP INC (USA) 0.41% 2,770 $956K Reduce -0.9%
PLD Prologis Inc. 0.41% 8,266 $947K No change
UL Unilever PLC 0.37% 14,638 $868K No change
VEOEY Veolia Environnement-ADR 0.35% 47,452 $810K Add +2.4%
BP BP PLC-Spons ADR 0.33% 22,207 $765K No change
RIO Rio Tinto PLC-Spon ADR 0.32% 11,447 $756K No change
DVYE iShares Emerging Markets Div 0.27% 21,200 $629K Reduce -1.3%
DEO Diageo PLC-Sponsored ADR 0.24% 5,821 $555K No change
LYB Lyondellbasell Indu Class A 0.22% 10,414 $511K Reduce -7.3%
TT Trane Technologies PLC 0.21% 1,143 $482K Reduce -8.1%
SHV iShares 0-1 Year Treasury Bo 0.20% 4,200 $464K No change
WFC Wells Fargo & Co. 0.19% 5,165 $433K No change
PFE Pfizer Inc. 0.13% 11,886 $303K Reduce -3.8%
VSS Vanguard Ftse All Wo X-US SC 0.09% 1,470 $210K Reduce -9.3%
SGOV iShares 0-3 Month Treasury B 0.09% 2,000 $201K No change
INTC Intel Corp. 0.06% 4,365 $146K No change
USXF iShares ESG Advance MSCI USA 0.06% 2,250 $129K No change
HONEYWELL INTL INC (USA) 0.05% 568 $120K Reduce -1.7%
VGIT Vanguard Intermediate-Term T 0.05% 1,850 $111K No change
DMXF iShares ESG Advanc MSCI Eafe 0.05% 1,439 $109K No change
EMXF iShares ESG Adv MSCI Em ETF 0.04% 2,209 $100K No change
CVX Chevron Corp. 0.04% 600 $93K No change
MASTERCARD INC (USA) 0.02% 100 $57K No change
CEG Constellation Energy 0.02% 166 $55K No change
TOTAL S.A. SP ADR (FRA) 0.02% 800 $48K No change
RTX RTX Corp. 0.02% 250 $42K No change
AMX America Movil Sab DE CV 0.02% 1,800 $38K No change
T AT&T Inc. 0.01% 1,211 $34K No change
JMIA Jumia Technologies AG-ADR 0.01% 2,450 $28K No change
ABBOTT LABS (USA) 0.01% 205 $27K No change
BA The Boeing Co. 0.01% 115 $25K No change
DHR Danaher Corp. 0.01% 112 $22K No change
3M COMPANY (USA) 0.01% 140 $22K No change
APG Api Group Corp. 0.01% 630 $22K No change
VCIT Vanguard Int-Term Corporate 0.01% 215 $18K No change
NKE Nike Inc. Class B 0.01% 245 $17K No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.01% 1,000 $16K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.01% 192 $15K New
CARR Carrier Global Corp. 0.01% 255 $15K No change
SILVER NCI-RBC TROY OZ 0.01% 300 $14K No change
UNITY SOFTWARE INC 0.01% 325 $13K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 80 $12K No change
ZTS Zoetis Inc. 0.00% 70 $10K No change
PLTR Palantir Technologies Inc. Class A 0.00% 50 $9K No change
CME Cme Group Inc. 0.00% 25 $7K No change
IBIT iShares Bitcoin Trust ETF 0.00% 100 $7K New
CRSP Crispr Therapeutics AG 0.00% 100 $6K No change
RIVN Rivian Automotive Inc. Class A 0.00% 410 $6K No change
LHX L3HARRIS Technologies Inc. 0.00% 15 $5K No change
BABA Alibaba Group Holding-SP ADR 0.00% 20 $4K No change
TDOC Teladoc Health Inc. 0.00% 448 $3K No change
AFL Aflac Inc. 0.00% 30 $3K No change

Show all 116 holdings

Portfolio Sells Q2 2025 → Q3 2025
NVO Novo-Nordisk A/S-Spons ADR Reduce -4.4% 0.42% −0.16
IVOO Vanguard S&P Mid-Cap 400 ETF Reduce -2.6% 3.58% −0.14
MSFT Microsoft Corp. Reduce -0.9% 3.99% −0.13
VISA INC CLASS-A (USA) Reduce -0.3% 1.08% −0.12
CRM Salesforce Inc. Reduce -0.5% 0.50% −0.12
SPXL Direxion Daily S&P 500 Bull Sold out 0.00% −0.10
CSCO Cisco Systems Inc. Reduce -4.0% 0.82% −0.10
IBB iShares Biotechnology ETF Reduce -18.9% 0.61% −0.09
PRU Prudential Financial Inc. Reduce -4.8% 0.50% −0.08
LYB Lyondellbasell Indu Class A Reduce -7.3% 0.22% −0.08
TT Trane Technologies PLC Reduce -8.1% 0.21% −0.04
EXXON MOBIL CORP (USA) Reduce -0.7% 1.33% −0.03
PEPSI CO (USA) Reduce -2.2% 1.11% −0.03
MERCK CO INC-NEW (USA) Reduce -3.0% 0.65% −0.02
UNP Union Pacific Corp. Reduce -1.1% 0.47% −0.02
WALMART STORES INC (USA) Reduce -0.4% 1.12% −0.02
DVYE iShares Emerging Markets Div Reduce -1.3% 0.27% −0.01
HONEYWELL INTL INC (USA) Reduce -1.7% 0.05% −0.01
VSS Vanguard Ftse All Wo X-US SC Reduce -9.3% 0.09% −0.01
PFE Pfizer Inc. Reduce -3.8% 0.13% −0.01
BE Bloom Energy Corp. Class A Sold out 0.00% −0.00
OTIS Otis Worldwide Corp. Sold out 0.00% −0.00
SOLV Solventum Corp. Reduce -71.4% 0.00% −0.00
KD Kyndryl Holdings Inc. Reduce -48.3% 0.00% −0.00
EMBC Embecta Corp. Sold out 0.00% −0.00
UNITED HEALTH GROUP INC (USA) Reduce -0.9% 0.41% +0.01
BAC Bank of America Corp. Reduce -0.1% 0.79% +0.02
JPM JPMorgan Chase & Co. Reduce -0.8% 2.17% +0.03
HD Home Depot Inc. Reduce -1.2% 1.22% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.1% 11.36% +0.12
VWO Vanguard Ftse Emerging Marke Reduce -0.6% 6.19% +0.13
QQQ Invesco QQQ Trust Series 1 Reduce -0.4% 7.96% +0.14
IWM iShares Russell 2000 ETF Reduce -0.5% 5.10% +0.23
GOOGL Alphabet Inc. Class A Reduce -2.4% 1.54% +0.32
AAPL Apple Inc. Reduce -1.9% 2.80% +0.35

Portfolio Buys Q2 2025 → Q3 2025
AVGO Broadcom Inc. Add +0.3% 1.19% +0.13
JNJ Johnson & Johnson Add +0.0% 1.09% +0.13
EMXC iShares MSCI Emr MRK Ex Chna Add +0.8% 3.95% +0.04
VEA Vanguard Ftse Developed ETF Add +1.8% 8.57% +0.03
NEE Nextera Energy Inc. Add +1.0% 0.68% +0.02
SPTM SS SPDR P S&P 1500 Comp ETF New 0.01% +0.01
IBIT iShares Bitcoin Trust ETF New 0.00% +0.00
AEO American Eagle Outfitters New 0.00% +0.00
HDV iShares Core High Dividend E Add +1.2% 0.83% −0.01
NOVARTIS ADR (CHE) Add +0.1% 1.69% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +2.0% 1.11% −0.01
MCDONALD'S CORP (USA) Add +0.1% 0.94% −0.02
VEOEY Veolia Environnement-ADR Add +2.4% 0.35% −0.03
META Meta Platforms Inc. Class A Add +0.7% 1.11% −0.07
AMAZON COM INC (USA) Add +0.9% 1.28% −0.07
PG The Procter & Gamble Co. Add +0.7% 0.95% −0.09
AMERICAN TOWER CORP (USA) Add +4.2% 0.60% −0.10
RSP Invesco S&P 500 Equal Weight Add +0.6% 8.01% −0.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$264.8MSPY, VEA, RSP, QQQ, VWO
Q1 2026 119$236.2MSPY, VEA, RSP, QQQ, VWO
Q4 2025 117$238.5MSPY, VEA, RSP, QQQ, VWO
Q3 2025 116$232.8MSPY, VEA, RSP, QQQ, VWO
Q2 2025 117$218.5MSPY, VEA, RSP, QQQ, VWO
Q1 2025 124$194.6MSPY, VEA, RSP, QQQ, VWO
Q4 2024 121$201.3MSPY, VEA, QQQ, RSP, VWO
Q3 2024 124$205.1MSPY, VEA, QQQ, RSP, VWO
Q2 2024 101$187.4MSPY, VEA, QQQ, VWO, RSP
Q1 2024 103$175.5MSPY, VEA, QQQ, VWO, IWM