BALEFIRE, LLC

Filed: 1/12/2026ACC: 0001750924-26-000001

📋 What this filing means

BALEFIRE, LLC filed this quarterly 13F‑HR report disclosing 394 equity positions with a total reported market value of $513.35M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

394

Positions

$513.35M

Total AUM (reported)

7.25M

Total Shares

Allocation by class

COM$169.49M33.0%

STATE STREET SPD$64.08M12.5%

TR UNIT$12.32M2.4%

SHS$11.07M2.2%

1 3 YR TREAS BD$10.90M2.1%

UNIT SER 1$10.46M2.0%

S&P 500 ETF SHS$10.44M2.0%

Portfolio Concentration

Top 3$42.77M8.3%

4–10$65.38M12.7%

11–25$82.30M16.0%

Rest$322.89M62.9%

Top 3 weight

8.3%

Top 10 weight

21.1%

Voting Authority Distribution

Total shares with voting rights: 7.25M

Sole

Full voting authority

23.38K

% of voting shares0.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

7.23M

% of voting shares99.7%

Investment Discretion (by position count)

Sole394

Shared0

Other0

Dominant voting typeNone · 99.7% of voting shares

Institutional Holdings394

Rows:

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares221.07K

TypeSH

Market value$18.24M

3.55%

Sole

0.00

Shared

0.00

None

221.07K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares18.06K

TypeSH

Market value$12.32M

2.40%

Sole

0.00

Shared

0.00

None

18.06K

NVIDIA CORPORATION

SOLE

COM

Shares65.49K

TypeSH

Market value$12.21M

2.38%

Sole

0.00

Shared

0.00

None

65.49K

ISHARES TR

SOLE

1 3 YR TREAS BD

Shares131.65K

TypeSH

Market value$10.90M

2.12%

Sole

0.00

Shared

0.00

None

131.65K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares17.02K

TypeSH

Market value$10.46M

2.04%

Sole

0.00

Shared

0.00

None

17.02K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares16.65K

TypeSH

Market value$10.44M

2.03%

Sole

0.00

Shared

0.00

None

16.65K

VALUED ADVISERS TR

SOLE

REGAN FLTG RATE

Shares353.76K

TypeSH

Market value$9.07M

1.77%

Sole

0.00

Shared

0.00

None

353.76K

MICROSOFT CORP

SOLE

COM

Shares17.74K

TypeSH

Market value$8.58M

1.67%

Sole

0.00

Shared

0.00

None

17.74K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares317.89K

TypeSH

Market value$8.19M

1.59%

Sole

0.00

Shared

0.00

None

317.89K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares96.48K

TypeSH

Market value$7.74M

1.51%

Sole

0.00

Shared

0.00

None

96.48K

APPLE INC

SOLE

COM

Shares25.86K

TypeSH

Market value$7.03M

1.37%

Sole

0.00

Shared

0.00

None

25.86K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares58.89K

TypeSH

Market value$6.49M

1.26%

Sole

0.00

Shared

0.00

None

58.89K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares33.67K

TypeSH

Market value$6.45M

1.26%

Sole

0.00

Shared

0.00

None

33.67K

DEERE & CO

SOLE

COM

Shares13.31K

TypeSH

Market value$6.19M

1.21%

Sole

0.00

Shared

0.00

None

13.31K

SPDR GOLD TR

SOLE

GOLD SHS

Shares15.44K

TypeSH

Market value$6.12M

1.19%

Sole

0.00

Shared

0.00

None

15.44K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares11.52K

TypeSH

Market value$5.79M

1.13%

Sole

0.00

Shared

0.00

None

11.52K

ALPHABET INC

SOLE

CAP STK CL C

Shares18.36K

TypeSH

Market value$5.76M

1.12%

Sole

0.00

Shared

0.00

None

18.36K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares62.53K

TypeSH

Market value$5.71M

1.11%

Sole

0.00

Shared

0.00

None

62.53K

ISHARES TR

SOLE

IBOXX HI YD ETF

Shares64.58K

TypeSH

Market value$5.21M

1.01%

Sole

0.00

Shared

0.00

None

64.58K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares7.24K

TypeSH

Market value$4.96M

0.97%

Sole

6.00

Shared

0.00

None

7.23K

ISHARES TR

SOLE

MORTGE REL ETF

Shares208.18K

TypeSH

Market value$4.62M

0.90%

Sole

0.00

Shared

0.00

None

208.18K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares103.16K

TypeSH

Market value$4.58M

0.89%

Sole

0.00

Shared

0.00

None

103.16K

TESLA INC

SOLE

COM

Shares9.96K

TypeSH

Market value$4.48M

0.87%

Sole

0.00

Shared

0.00

None

9.96K

PHILIP MORRIS INTL INC

SOLE

COM

Shares27.83K

TypeSH

Market value$4.46M

0.87%

Sole

0.00

Shared

0.00

None

27.83K

THERMO FISHER SCIENTIFIC INC

SOLE

COM

Shares7.68K

TypeSH

Market value$4.45M

0.87%

Sole

0.00

Shared

0.00

None

7.68K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SPDR SERIES TRUSTSOLE	STATE STREET SPD	221.07K	SH	$18.24M 3.55%	0.00	221.07K
SPDR S&P 500 ETF TRSOLE	TR UNIT	18.06K	SH	$12.32M 2.40%	0.00	18.06K
NVIDIA CORPORATIONSOLE	COM	65.49K	SH	$12.21M 2.38%	0.00	65.49K
ISHARES TRSOLE	1 3 YR TREAS BD	131.65K	SH	$10.90M 2.12%	0.00	131.65K
INVESCO QQQ TRSOLE	UNIT SER 1	17.02K	SH	$10.46M 2.04%	0.00	17.02K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	16.65K	SH	$10.44M 2.03%	0.00	16.65K
VALUED ADVISERS TRSOLE	REGAN FLTG RATE	353.76K	SH	$9.07M 1.77%	0.00	353.76K
MICROSOFT CORPSOLE	COM	17.74K	SH	$8.58M 1.67%	0.00	17.74K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	317.89K	SH	$8.19M 1.59%	0.00	317.89K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	96.48K	SH	$7.74M 1.51%	0.00	96.48K
APPLE INCSOLE	COM	25.86K	SH	$7.03M 1.37%	0.00	25.86K
ISHARES TRSOLE	IBOXX INV CP ETF	58.89K	SH	$6.49M 1.26%	0.00	58.89K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	33.67K	SH	$6.45M 1.26%	0.00	33.67K
DEERE & COSOLE	COM	13.31K	SH	$6.19M 1.21%	0.00	13.31K
SPDR GOLD TRSOLE	GOLD SHS	15.44K	SH	$6.12M 1.19%	0.00	15.44K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	11.52K	SH	$5.79M 1.13%	0.00	11.52K
ALPHABET INCSOLE	CAP STK CL C	18.36K	SH	$5.76M 1.12%	0.00	18.36K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	62.53K	SH	$5.71M 1.11%	0.00	62.53K
ISHARES TRSOLE	IBOXX HI YD ETF	64.58K	SH	$5.21M 1.01%	0.00	64.58K
ISHARES TRSOLE	CORE S&P500 ETF	7.24K	SH	$4.96M 0.97%	6.00	7.23K
ISHARES TRSOLE	MORTGE REL ETF	208.18K	SH	$4.62M 0.90%	0.00	208.18K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	103.16K	SH	$4.58M 0.89%	0.00	103.16K
TESLA INCSOLE	COM	9.96K	SH	$4.48M 0.87%	0.00	9.96K
PHILIP MORRIS INTL INCSOLE	COM	27.83K	SH	$4.46M 0.87%	0.00	27.83K
THERMO FISHER SCIENTIFIC INCSOLE	COM	7.68K	SH	$4.45M 0.87%	0.00	7.68K

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