ACT TWO INVESTORS LLC

PrivateCIK: 1766907

Location

SANTA CRUZ, CA

Positions

$453.18M

Total AUM (reported)

3.61M

Total Shares

Allocation by class

COM$305.46M67.4%

CAP STK CL C$67.87M15.0%

COM CL A$31.48M6.9%

7-10 YR TRSY BD$19.84M4.4%

INT-TRM U.S TRES$8.72M1.9%

SHT TM US TRES$5.89M1.3%

LONG TERM TREAS$5.42M1.2%

Portfolio Concentration

Top 3$157.64M34.8%

4–10$177.61M39.2%

11–25$108.36M23.9%

Rest$9.57M2.1%

Top 3 weight

34.8%

Top 10 weight

74.0%

Voting Authority Distribution

Total shares with voting rights: 3.61M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

3.61M

% of voting shares100.0%

Investment Discretion (by position count)

Sole36

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings36

Rows:

ALPHABET INC

SOLE

CAP STK CL C

Shares236.60K

TypeSH

Market value$67.87M

14.98%

Sole

0.00

Shared

0.00

None

236.60K

MICROSOFT CORP

SOLE

COM

Shares142.66K

TypeSH

Market value$52.81M

11.65%

Sole

0.00

Shared

0.00

None

142.66K

AMAZON COM INC

SOLE

COM

Shares177.47K

TypeSH

Market value$36.96M

8.16%

Sole

0.00

Shared

0.00

None

177.47K

T-MOBILE US INC

SOLE

COM

Shares151.75K

TypeSH

Market value$31.87M

7.03%

Sole

0.00

Shared

0.00

None

151.75K

VISA INC

SOLE

COM CL A

Shares104.17K

TypeSH

Market value$31.48M

6.95%

Sole

0.00

Shared

0.00

None

104.17K

EVERSOURCE ENERGY

SOLE

COM

Shares409.33K

TypeSH

Market value$28.36M

6.26%

Sole

0.00

Shared

0.00

None

409.33K

IQVIA HLDGS INC

SOLE

COM

Shares158.62K

TypeSH

Market value$27.05M

5.97%

Sole

0.00

Shared

0.00

None

158.62K

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares207.87K

TypeSH

Market value$19.84M

4.38%

Sole

0.00

Shared

0.00

None

207.87K

APPLE INC

SOLE

COM

Shares77.21K

TypeSH

Market value$19.60M

4.32%

Sole

0.00

Shared

0.00

None

77.21K

DISNEY WALT CO

SOLE

COM

Shares201.33K

TypeSH

Market value$19.40M

4.28%

Sole

0.00

Shared

0.00

None

201.33K

NVIDIA CORPORATION

SOLE

COM

Shares104.85K

TypeSH

Market value$18.29M

4.04%

Sole

0.00

Shared

0.00

None

104.85K

SLM CORP

SOLE

COM

Shares707.58K

TypeSH

Market value$15.15M

3.34%

Sole

0.00

Shared

0.00

None

707.58K

AUTOMATIC DATA PROCESSING IN

SOLE

COM

Shares46.83K

TypeSH

Market value$9.51M

2.10%

Sole

0.00

Shared

0.00

None

46.83K

SCHWAB STRATEGIC TR

SOLE

INT-TRM U.S TRES

Shares349.96K

TypeSH

Market value$8.72M

1.92%

Sole

0.00

Shared

0.00

None

349.96K

JPMORGAN CHASE & CO

SOLE

COM

Shares27.49K

TypeSH

Market value$8.09M

1.78%

Sole

0.00

Shared

0.00

None

27.49K

MCKESSON CORP

SOLE

COM

Shares8.92K

TypeSH

Market value$7.72M

1.70%

Sole

0.00

Shared

0.00

None

8.92K

ELI LILLY & CO

SOLE

COM

Shares8.17K

TypeSH

Market value$7.52M

1.66%

Sole

0.00

Shared

0.00

None

8.17K

SCHWAB STRATEGIC TR

SOLE

SHT TM US TRES

Shares242.76K

TypeSH

Market value$5.89M

1.30%

Sole

0.00

Shared

0.00

None

242.76K

VANGUARD SCOTTSDALE FDS

SOLE

LONG TERM TREAS

Shares97.83K

TypeSH

Market value$5.42M

1.19%

Sole

0.00

Shared

0.00

None

97.83K

INTUIT

SOLE

COM

Shares11.67K

TypeSH

Market value$5.05M

1.11%

Sole

0.00

Shared

0.00

None

11.67K

STRYKER CORPORATION

SOLE

COM

Shares11.96K

TypeSH

Market value$3.93M

0.87%

Sole

0.00

Shared

0.00

None

11.96K

ALPHABET INC

SOLE

CAP STK CL A

Shares12.59K

TypeSH

Market value$3.62M

0.80%

Sole

0.00

Shared

0.00

None

12.59K

CANADIAN NATL RY CO

SOLE

COM

Shares33.02K

TypeSH

Market value$3.39M

0.75%

Sole

0.00

Shared

0.00

None

33.02K

THERMO FISHER SCIENTIFIC INC

SOLE

COM

Shares6.71K

TypeSH

Market value$3.30M

0.73%

Sole

0.00

Shared

0.00

None

6.71K

CANADIAN PACIFIC KANSAS CITY

SOLE

COM

Shares35.18K

TypeSH

Market value$2.77M

0.61%

Sole

0.00

Shared

0.00

None

35.18K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ALPHABET INCSOLE	CAP STK CL C	236.60K	SH	$67.87M 14.98%	236.60K
MICROSOFT CORPSOLE	COM	142.66K	SH	$52.81M 11.65%	142.66K
AMAZON COM INCSOLE	COM	177.47K	SH	$36.96M 8.16%	177.47K
T-MOBILE US INCSOLE	COM	151.75K	SH	$31.87M 7.03%	151.75K
VISA INCSOLE	COM CL A	104.17K	SH	$31.48M 6.95%	104.17K
EVERSOURCE ENERGYSOLE	COM	409.33K	SH	$28.36M 6.26%	409.33K
IQVIA HLDGS INCSOLE	COM	158.62K	SH	$27.05M 5.97%	158.62K
ISHARES TRSOLE	7-10 YR TRSY BD	207.87K	SH	$19.84M 4.38%	207.87K
APPLE INCSOLE	COM	77.21K	SH	$19.60M 4.32%	77.21K
DISNEY WALT COSOLE	COM	201.33K	SH	$19.40M 4.28%	201.33K
NVIDIA CORPORATIONSOLE	COM	104.85K	SH	$18.29M 4.04%	104.85K
SLM CORPSOLE	COM	707.58K	SH	$15.15M 3.34%	707.58K
AUTOMATIC DATA PROCESSING INSOLE	COM	46.83K	SH	$9.51M 2.10%	46.83K
SCHWAB STRATEGIC TRSOLE	INT-TRM U.S TRES	349.96K	SH	$8.72M 1.92%	349.96K
JPMORGAN CHASE & COSOLE	COM	27.49K	SH	$8.09M 1.78%	27.49K
MCKESSON CORPSOLE	COM	8.92K	SH	$7.72M 1.70%	8.92K
ELI LILLY & COSOLE	COM	8.17K	SH	$7.52M 1.66%	8.17K
SCHWAB STRATEGIC TRSOLE	SHT TM US TRES	242.76K	SH	$5.89M 1.30%	242.76K
VANGUARD SCOTTSDALE FDSSOLE	LONG TERM TREAS	97.83K	SH	$5.42M 1.19%	97.83K
INTUITSOLE	COM	11.67K	SH	$5.05M 1.11%	11.67K
STRYKER CORPORATIONSOLE	COM	11.96K	SH	$3.93M 0.87%	11.96K
ALPHABET INCSOLE	CAP STK CL A	12.59K	SH	$3.62M 0.80%	12.59K
CANADIAN NATL RY COSOLE	COM	33.02K	SH	$3.39M 0.75%	33.02K
THERMO FISHER SCIENTIFIC INCSOLE	COM	6.71K	SH	$3.30M 0.73%	6.71K
CANADIAN PACIFIC KANSAS CITYSOLE	COM	35.18K	SH	$2.77M 0.61%	35.18K

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