Raelipskie Partnership

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Raelipskie Partnership reported 117 stock positions worth $238.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 11.2% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 8.7%) and Invesco S&P 500 Equal Weight (RSP, 8.1%). Compared with Q3 2025, it opened 5 new positions, sold out of 4, added to 22 and reduced 40. The biggest buy was a new position in Pepsico (PEP) and the biggest sale iShares Russell 2000 ETF (IWM, shares −22%).

Most Recent 13F
Q2 2026
Location
WATERLOO, A6
CIK
0002023896
Portfolio Value
$238.5M (Q4 2025)
SEC Filing
0001062993-26-000590 ↗ filed Feb 4, 2026

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 Q3 2025 Q4 2025: $238.5M $238.5M Q4 2025 Q1 2026: $236.2M Q1 2026 Q2 2026: $264.8M Q2 2026

Holdings 117 stocks · $238.5M
SPY SS SPDR S&P 500 ETF Trust-US 11.18% 39,117 $26.7M Reduce -1.5%
VEA Vanguard Ftse Developed ETF 8.68% 331,433 $20.7M Reduce -0.5%
RSP Invesco S&P 500 Equal Weight 8.06% 100,335 $19.2M Add +2.0%
QQQ Invesco QQQ Trust Series 1 7.88% 30,579 $18.8M Reduce -0.9%
VWO Vanguard Ftse Emerging Marke 5.95% 264,154 $14.2M Reduce -0.6%
EMXC iShares MSCI Emr MRK Ex Chna 4.10% 134,397 $9.8M Reduce -1.2%
IWM iShares Russell 2000 ETF 3.93% 38,106 $9.4M Reduce -22.4%
IVOO Vanguard S&P Mid-Cap 400 ETF 3.81% 81,255 $9.1M Add +7.5%
MSFT Microsoft Corp. 3.80% 18,734 $9.1M Add +4.4%
AAPL Apple Inc. 3.27% 28,650 $7.8M Add +12.1%
JPM JPMorgan Chase & Co. 2.17% 16,088 $5.2M Add +0.3%
GOOGL Alphabet Inc. Class A 1.90% 14,492 $4.5M Reduce -1.5%
NOVARTIS ADR (CHE) 1.76% 30,452 $4.2M Reduce -0.5%
CSCO Cisco Systems Inc. 1.70% 52,574 $4.0M Add +89.0%
EXXON MOBIL CORP (USA) 1.32% 26,067 $3.1M Reduce -4.9%
AMAZON COM INC (USA) 1.31% 13,573 $3.1M Reduce -0.2%
AVGO Broadcom Inc. 1.19% 8,168 $2.8M Reduce -3.0%
WALMART STORES INC (USA) 1.18% 25,159 $2.8M Reduce -0.4%
VISA INC CLASS-A (USA) 1.17% 7,925 $2.8M Add +7.7%
JNJ Johnson & Johnson 1.15% 13,282 $2.7M Reduce -2.6%
PEP Pepsico Inc. 1.13% 18,843 $2.7M New
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 1.12% 33,821 $2.7M Reduce -8.1%
BRK.B Berkshire Hathaway Inc. Class B 1.11% 5,271 $2.6M Add +2.9%
HD Home Depot Inc. 1.03% 7,152 $2.5M Add +2.1%
META Meta Platforms Inc. Class A 0.97% 3,519 $2.3M No change
TM Toyota Motor Corp. -Spon ADR 0.96% 10,697 $2.3M Reduce -6.5%
MCDONALD'S CORP (USA) 0.93% 7,268 $2.2M Add +1.4%
PG The Procter & Gamble Co. 0.89% 14,730 $2.1M Add +2.6%
SAN Banco Santander SA-Spon ADR 0.88% 179,373 $2.1M Reduce -17.1%
HDV iShares Core High Dividend E 0.82% 16,145 $2.0M Add +2.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.81% 35,077 $1.9M Reduce -1.1%
NSRGY Nestle SA-Spons ADR 0.75% 18,034 $1.8M Reduce -1.2%
EADSY Airbus SE - Unsp ADR 0.73% 30,048 $1.7M Reduce -13.0%
NEE Nextera Energy Inc. 0.72% 21,497 $1.7M Add +2.4%
SPSM SS SPDR P S&P 600 Small Cap 0.72% 36,615 $1.7M New
SONY Sony Group Corp. - SP ADR 0.62% 58,184 $1.5M Add +7.4%
IBB iShares Biotechnology ETF 0.62% 8,760 $1.5M Reduce -10.4%
CRM Salesforce Inc. 0.60% 5,377 $1.4M Add +10.3%
GE General Electric filed as GE AEROSPACE 0.55% 4,275 $1.3M Reduce -17.6%
PRU Prudential Financial Inc. 0.53% 11,266 $1.3M Reduce -0.6%
AMERICAN TOWER CORP (USA) 0.52% 7,115 $1.2M Reduce -1.6%
UBER Uber Technologies Inc. 0.49% 14,296 $1.2M Add +4.4%
UNP Union Pacific Corp. 0.49% 5,010 $1.2M Add +8.7%
UNITED HEALTH GROUP INC (USA) 0.46% 3,350 $1.1M Add +20.9%
BHP BHP Group Ltd.-Spon ADR 0.44% 17,527 $1.1M Reduce -6.4%
PLD Prologis Inc. 0.44% 8,266 $1.1M No change
LVMH MOET HENNESSY LO-ADR (FRA) 0.40% 6,283 $948K Reduce -22.0%
RIO Rio Tinto PLC-Spon ADR 0.38% 11,447 $916K No change
MERCK CO INC-NEW (USA) 0.38% 8,677 $913K Reduce -51.7%
UL Unilever PLC-Sponsored ADR 0.38% 13,840 $905K New
NVO Novo-Nordisk A/S-Spons ADR 0.36% 16,882 $859K Reduce -3.6%
SPOTIFY TECHNOLOGY S.A. (SWE) 0.36% 1,461 $848K No change
VEOEY Veolia Environnement-ADR 0.34% 46,302 $804K Reduce -2.4%
BP BP PLC-Spons ADR 0.32% 22,207 $771K No change
DVYE iShares Emerging Markets Div 0.28% 21,540 $671K Add +1.6%
UL Unilever PLC 0.22% 8,085 $529K Reduce -44.8%
WFC Wells Fargo & Co. 0.20% 5,070 $473K Reduce -1.8%
SHV iShares 0-1 Year Treasury Bo 0.19% 4,200 $463K No change
LYB Lyondellbasell Indu Class A 0.19% 10,314 $447K Reduce -1.0%
TT Trane Technologies PLC 0.18% 1,095 $426K Reduce -4.2%
PFE Pfizer Inc. 0.13% 12,464 $310K Add +4.9%
BA The Boeing Co. 0.09% 1,015 $220K Add +782.6%
VSS Vanguard Ftse All Wo X-US SC 0.09% 1,470 $211K No change
INTC Intel Corp. 0.07% 4,365 $161K No change
USXF iShares ESG Advance MSCI USA 0.06% 2,405 $138K Add +6.9%
SGOV iShares 0-3 Month Treasury B 0.06% 1,350 $136K Reduce -32.5%
VGIT Vanguard Intermediate-Term T 0.05% 1,850 $111K No change
DMXF iShares ESG Advanc MSCI Eafe 0.04% 1,354 $102K Reduce -5.9%
EMXF iShares ESG Adv MSCI Em ETF 0.04% 2,159 $100K Reduce -2.3%
CVX Chevron Corp. 0.03% 520 $79K Reduce -13.3%
HONEYWELL INTL INC (USA) 0.03% 378 $74K Reduce -33.5%
DEO Diageo PLC-Sponsored ADR 0.03% 771 $67K Reduce -86.8%
CEG Constellation Energy 0.02% 166 $59K No change
MASTERCARD INC (USA) 0.02% 100 $57K No change
TTE Totalenergies SE 0.02% 800 $52K New
RTX RTX Corp. 0.02% 250 $46K No change
AMX America Movil Sab DE CV 0.02% 1,800 $37K No change
JMIA Jumia Technologies AG-ADR 0.01% 2,450 $31K No change
T AT&T Inc. 0.01% 1,211 $30K No change
ABBOTT LABS (USA) 0.01% 205 $26K No change
DHR Danaher Corp. 0.01% 112 $26K No change
APG Api Group Corp. 0.01% 630 $24K No change
3M COMPANY (USA) 0.01% 140 $22K No change
SILVER NCI-RBC TROY OZ 0.01% 300 $21K No change
VCIT Vanguard Int-Term Corporate 0.01% 215 $18K No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.01% 1,000 $17K No change
UNITY SOFTWARE INC 0.01% 325 $14K No change
CARR Carrier Global Corp. 0.01% 255 $13K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.01% 80 $12K No change
NKE Nike Inc. Class B 0.00% 150 $10K Reduce -38.8%
PLTR Palantir Technologies Inc. Class A 0.00% 50 $9K No change
ZTS Zoetis Inc. 0.00% 70 $9K No change
RIVN Rivian Automotive Inc. Class A 0.00% 410 $8K No change
CME Cme Group Inc. 0.00% 25 $7K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.00% 75 $6K Reduce -60.9%
CRSP Crispr Therapeutics AG 0.00% 100 $5K No change
LHX L3HARRIS Technologies Inc. 0.00% 15 $4K No change
RGEN Repligen Corp. 0.00% 25 $4K No change
SOLS Solstice Adv Materials Inc. 0.00% 84 $4K New
AFL Aflac Inc. 0.00% 30 $3K No change

Show all 117 holdings

Portfolio Sells Q3 2025 → Q4 2025
IWM iShares Russell 2000 ETF Reduce -22.4% 3.93% −1.17
PEPSI CO (USA) Sold out 0.00% −1.11
ACN Accenture PLC Class A Sold out 0.00% −0.46
MERCK CO INC-NEW (USA) Reduce -51.7% 0.38% −0.26
VWO Vanguard Ftse Emerging Marke Reduce -0.6% 5.95% −0.23
DEO Diageo PLC-Sponsored ADR Reduce -86.8% 0.03% −0.21
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.5% 11.18% −0.17
UL Unilever PLC Reduce -44.8% 0.22% −0.15
EADSY Airbus SE - Unsp ADR Reduce -13.0% 0.73% −0.13
GE General Electric Reduce -17.6% 0.55% −0.12
SAN Banco Santander SA-Spon ADR Reduce -17.1% 0.88% −0.09
QQQ Invesco QQQ Trust Series 1 Reduce -0.9% 7.88% −0.08
AMERICAN TOWER CORP (USA) Reduce -1.6% 0.52% −0.07
NVO Novo-Nordisk A/S-Spons ADR Reduce -3.6% 0.36% −0.06
LYB Lyondellbasell Indu Class A Reduce -1.0% 0.19% −0.03
SGOV iShares 0-3 Month Treasury B Reduce -32.5% 0.06% −0.03
TT Trane Technologies PLC Reduce -4.2% 0.18% −0.03
LVMH MOET HENNESSY LO-ADR (FRA) Reduce -22.0% 0.40% −0.03
TOTAL S.A. SP ADR (FRA) Sold out 0.00% −0.02
HONEYWELL INTL INC (USA) Reduce -33.5% 0.03% −0.02
EXXON MOBIL CORP (USA) Reduce -4.9% 1.32% −0.01
VEOEY Veolia Environnement-ADR Reduce -2.4% 0.34% −0.01
AVGO Broadcom Inc. Reduce -3.0% 1.19% −0.01
CVX Chevron Corp. Reduce -13.3% 0.03% −0.01
HSBC HSBC Holdings PLC-Spons ADR Reduce -8.1% 1.12% −0.01
BHP BHP Group Ltd.-Spon ADR Reduce -6.4% 0.44% −0.00
DMXF iShares ESG Advanc MSCI Eafe Reduce -5.9% 0.04% −0.00
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -60.9% 0.00% −0.00
NKE Nike Inc. Class B Reduce -38.8% 0.00% −0.00
IBIT iShares Bitcoin Trust ETF Sold out 0.00% −0.00
EMXF iShares ESG Adv MSCI Em ETF Reduce -2.3% 0.04% −0.00
WFC Wells Fargo & Co. Reduce -1.8% 0.20% +0.01
IBB iShares Biotechnology ETF Reduce -10.4% 0.62% +0.01
TM Toyota Motor Corp. -Spon ADR Reduce -6.5% 0.96% +0.02
BAC Bank of America Corp. Reduce -1.1% 0.81% +0.02
NSRGY Nestle SA-Spons ADR Reduce -1.2% 0.75% +0.03
PRU Prudential Financial Inc. Reduce -0.6% 0.53% +0.03
AMAZON COM INC (USA) Reduce -0.2% 1.31% +0.03
WALMART STORES INC (USA) Reduce -0.4% 1.18% +0.06
JNJ Johnson & Johnson Reduce -2.6% 1.15% +0.07
NOVARTIS ADR (CHE) Reduce -0.5% 1.76% +0.07
VEA Vanguard Ftse Developed ETF Reduce -0.5% 8.68% +0.11
EMXC iShares MSCI Emr MRK Ex Chna Reduce -1.2% 4.10% +0.15
GOOGL Alphabet Inc. Class A Reduce -1.5% 1.90% +0.37

Portfolio Buys Q3 2025 → Q4 2025
PEP Pepsico Inc. New 1.13% +1.13
CSCO Cisco Systems Inc. Add +89.0% 1.70% +0.88
SPSM SS SPDR P S&P 600 Small Cap New 0.72% +0.72
AAPL Apple Inc. Add +12.1% 3.27% +0.47
UL Unilever PLC-Sponsored ADR New 0.38% +0.38
IVOO Vanguard S&P Mid-Cap 400 ETF Add +7.5% 3.81% +0.23
CRM Salesforce Inc. Add +10.3% 0.60% +0.10
VISA INC CLASS-A (USA) Add +7.7% 1.17% +0.09
BA The Boeing Co. Add +782.6% 0.09% +0.08
UNITED HEALTH GROUP INC (USA) Add +20.9% 0.46% +0.05
RSP Invesco S&P 500 Equal Weight Add +2.0% 8.06% +0.05
NEE Nextera Energy Inc. Add +2.4% 0.72% +0.04
TTE Totalenergies SE New 0.02% +0.02
UNP Union Pacific Corp. Add +8.7% 0.49% +0.02
DVYE iShares Emerging Markets Div Add +1.6% 0.28% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +2.9% 1.11% +0.01
USXF iShares ESG Advance MSCI USA Add +6.9% 0.06% +0.00
SOLS Solstice Adv Materials Inc. New 0.00% +0.00
PFE Pfizer Inc. Add +4.9% 0.13% 0.00
JPM JPMorgan Chase & Co. Add +0.3% 2.17% −0.00
MCDONALD'S CORP (USA) Add +1.4% 0.93% −0.00
HDV iShares Core High Dividend E Add +2.5% 0.82% −0.00
SONY Sony Group Corp. - SP ADR Add +7.4% 0.62% −0.05
PG The Procter & Gamble Co. Add +2.6% 0.89% −0.06
UBER Uber Technologies Inc. Add +4.4% 0.49% −0.09
HD Home Depot Inc. Add +2.1% 1.03% −0.19
MSFT Microsoft Corp. Add +4.4% 3.80% −0.19

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