Invariant Investment Management
Invariant Investment Management reported 69 stocks worth $173M in its 13F filing for Q3 2026, filed Oct 8, 2026. Its largest holdings are IEF (15.2%), RSP (15.2%) and AVUV (10.6%). Compared with Q2 2026, the fund opened new positions in AZO, IDXX and AOS, added to IEF, RSP and AVUV, trimmed JPST, AAPL and CAH and sold out of GWW, EOG and LII.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 4 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  IEF Ishares TR | $26.3M | 15.2% | 296K | +17K (+6%) | 4 of 4 | |
| 2 |  RSP Invesco Exchange Traded FD T | $26.3M | 15.2% | 125K | +2,195 (+2%) | 4 of 4 | |
| 3 |  AVUV American Centy ETF TR | $18.4M | 10.6% | 153K | +3,238 (+2%) | 4 of 4 | |
| 4 |  AVDV Avantis International Small Cap Value ETF | $17.1M | 9.9% | 156K | +5,357 (+4%) | 4 of 4 | |
| 5 |  VOO Vanguard S&P 500 ETF | $9.5M | 5.5% | 13K | +1,632 (+14%) | 4 of 4 | |
| 6 |  SHY Ishares 1-3 Year Treasry | $8.7M | 5.0% | 108K | +824 (+1%) | 4 of 4 | |
| 7 |  AVEM American Centy ETF TR | $7.2M | 4.2% | 76K | +1,378 (+2%) | 4 of 4 | |
| 8 |  SGOV Ishares TR | $6M | 3.5% | 60K | No change | 4 of 4 | |
| 9 |  USMV Ishares TR | $5.2M | 3.0% | 53K | +722 (+1%) | 2 of 4 | |
| 10 |  JPST J P Morgan Exchange Traded F | $3.5M | 2.0% | 70K | −7,175 (−9%) | 4 of 4 |
Positions at Sep 30, 2026, as reported. Change is against the fund's Q2 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q2 2026, gone in Q3 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 GWW Grainger W W Inc | $1.1M | 834 |
 EOG Eog Res Inc | $884K | 6,832 |
 LII Lennox Intl Inc | $673K | 1,184 |
 CZR Caesars Entertainment Inc NE | $412K | 14K |
 VGSH Vanguard Scottsdale Fds | $222K | 3,828 |
🔒 Free account: see all 6.
Reported value
last 4 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q3 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Oct 8, 2026 | 13F-HR | Q3 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Invariant Investment Management 13F FAQ
What does Invariant Investment Management own?
Invariant Investment Management reported 69 stocks worth $173M in its 13F filing for Q3 2026, filed Oct 8, 2026. Its largest holdings are IEF (15.2%), RSP (15.2%) and AVUV (10.6%). The table above lists every position in the filing (the top 10 without an account).
What did Invariant Investment Management buy and sell in Q3 2026?
Compared with Q2 2026: 7 new positions, 38 added to, 10 trimmed and 6 sold out. New positions include AZO, IDXX and AOS. It sold all of GWW, EOG and LII.
When will Invariant Investment Management file its next 13F?
Holdings as of Dec 31, 2026 are due by Feb 15, 2027. The filing appears on this page within minutes of reaching the SEC.
How much is Invariant Investment Management's portfolio worth?
The Q3 2026 filing reports $173M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.