Filed: 5/6/2026ACC: 0000935836-26-000228
📋 What this filing means
WATERSHED ASSET MANAGEMENT, L.L.C. filed this quarterly 13F‑HR report disclosing 118 equity positions with a total reported market value of $96.50M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
118
Positions
$96.50M
Total AUM (reported)
1.90M
Total Shares
Allocation by class
COM$56.64M58.7%
ALLWRLD EX US$5.69M5.9%
COM CL A$5.13M5.3%
CL A$4.75M4.9%
COM NEW$4.50M4.7%
MSCI MEXICO ETF$4.02M4.2%
MSCI INDIA ETF$2.34M2.4%
Portfolio Concentration
Top 3$13.96M14.5%
4–10$20.61M21.4%
11–25$21.27M22.0%
Rest$40.66M42.1%
Top 3 weight
14.5%
Top 10 weight
35.8%
Voting Authority Distribution
Total shares with voting rights: 1.90M
Sole
Full voting authority
1.90M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole118
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings118
Rows:
VANGUARD INTL EQUITY INDEX F
SOLEShares75.74K
TypeSH
Market value$5.69M
5.89%
Sole
75.74K
Shared
0.00
None
0.00
VISA INC
SOLEShares14.05K
TypeSH
Market value$4.25M
4.40%
Sole
14.05K
Shared
0.00
None
0.00
ISHARES INC
SOLEShares53.50K
TypeSH
Market value$4.02M
4.17%
Sole
53.50K
Shared
0.00
None
0.00
THERMO FISHER SCIENTIFIC INC
SOLEShares7K
TypeSH
Market value$3.44M
3.57%
Sole
7K
Shared
0.00
None
0.00
MOODYS CORP
SOLEShares7K
TypeSH
Market value$3.05M
3.16%
Sole
7K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares14.60K
TypeSH
Market value$3.04M
3.15%
Sole
14.60K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares5.09K
TypeSH
Market value$2.91M
3.02%
Sole
5.09K
Shared
0.00
None
0.00
APPLIED MATLS INC
SOLEShares8.50K
TypeSH
Market value$2.91M
3.01%
Sole
8.50K
Shared
0.00
None
0.00
TERADYNE INC
SOLEShares8.90K
TypeSH
Market value$2.64M
2.73%
Sole
8.90K
Shared
0.00
None
0.00
MERCADOLIBRE INC
SOLEShares1.51K
TypeSH
Market value$2.62M
2.71%
Sole
1.51K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares50K
TypeSH
Market value$2.34M
2.43%
Sole
50K
Shared
0.00
None
0.00
KLA CORP
SOLEShares1.56K
TypeSH
Market value$2.30M
2.38%
Sole
1.56K
Shared
0.00
None
0.00
INTEL CORP
SOLEShares45.60K
TypeSH
Market value$2.01M
2.09%
Sole
45.60K
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares36K
TypeSH
Market value$2.01M
2.08%
Sole
36K
Shared
0.00
None
0.00
DIREXION SHARES ETF TRUST
SOLEShares20.20K
TypeSH
Market value$1.99M
2.06%
Sole
20.20K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares10.90K
TypeSH
Market value$1.90M
1.97%
Sole
10.90K
Shared
0.00
None
0.00
DANAHER CORP DEL
SOLEShares9.40K
TypeSH
Market value$1.78M
1.85%
Sole
9.40K
Shared
0.00
None
0.00
LUMENTUM HLDGS INC
SOLEShares2.20K
TypeSH
Market value$1.55M
1.60%
Sole
2.20K
Shared
0.00
None
0.00
WARBY PARKER INC
SOLEShares70.50K
TypeSH
Market value$1.49M
1.54%
Sole
70.50K
Shared
0.00
None
0.00
GITLAB INC
SOLEShares64K
TypeSH
Market value$1.38M
1.44%
Sole
64K
Shared
0.00
None
0.00
MANPOWERGROUP INC WIS
SOLEShares17.46K
TypeSH
Market value$514.3K
0.53%
Sole
17.46K
Shared
0.00
None
0.00
KORN FERRY
SOLEShares8.14K
TypeSH
Market value$512.6K
0.53%
Sole
8.14K
Shared
0.00
None
0.00
INSTEEL INDS INC
SOLEShares14.89K
TypeSH
Market value$500.5K
0.52%
Sole
14.89K
Shared
0.00
None
0.00
DELL TECHNOLOGIES INC
SOLEShares3.05K
TypeSH
Market value$500.1K
0.52%
Sole
3.05K
Shared
0.00
None
0.00
RYDER SYS INC
SOLEShares2.42K
TypeSH
Market value$495.6K
0.51%
Sole
2.42K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INTL EQUITY INDEX FSOLE | ALLWRLD EX US | 75.74K | SH | $5.69M 5.89% | 75.74K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 14.05K | SH | $4.25M 4.40% | 14.05K | 0.00 | 0.00 |
ISHARES INCSOLE | MSCI MEXICO ETF | 53.50K | SH | $4.02M 4.17% | 53.50K | 0.00 | 0.00 |
THERMO FISHER SCIENTIFIC INCSOLE | COM | 7K | SH | $3.44M 3.57% | 7K | 0.00 | 0.00 |
MOODYS CORPSOLE | COM | 7K | SH | $3.05M 3.16% | 7K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 14.60K | SH | $3.04M 3.15% | 14.60K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 5.09K | SH | $2.91M 3.02% | 5.09K | 0.00 | 0.00 |
APPLIED MATLS INCSOLE | COM | 8.50K | SH | $2.91M 3.01% | 8.50K | 0.00 | 0.00 |
TERADYNE INCSOLE | COM | 8.90K | SH | $2.64M 2.73% | 8.90K | 0.00 | 0.00 |
MERCADOLIBRE INCSOLE | COM | 1.51K | SH | $2.62M 2.71% | 1.51K | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI INDIA ETF | 50K | SH | $2.34M 2.43% | 50K | 0.00 | 0.00 |
KLA CORPSOLE | COM NEW | 1.56K | SH | $2.30M 2.38% | 1.56K | 0.00 | 0.00 |
INTEL CORPSOLE | COM | 45.60K | SH | $2.01M 2.09% | 45.60K | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | SOLAR ETF | 36K | SH | $2.01M 2.08% | 36K | 0.00 | 0.00 |
DIREXION SHARES ETF TRUSTSOLE | NASDAQ 100 EQ WT | 20.20K | SH | $1.99M 2.06% | 20.20K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 10.90K | SH | $1.90M 1.97% | 10.90K | 0.00 | 0.00 |
DANAHER CORP DELSOLE | COM | 9.40K | SH | $1.78M 1.85% | 9.40K | 0.00 | 0.00 |
LUMENTUM HLDGS INCSOLE | COM | 2.20K | SH | $1.55M 1.60% | 2.20K | 0.00 | 0.00 |
WARBY PARKER INCSOLE | CL A COM | 70.50K | SH | $1.49M 1.54% | 70.50K | 0.00 | 0.00 |
GITLAB INCSOLE | CLASS A COM | 64K | SH | $1.38M 1.44% | 64K | 0.00 | 0.00 |
MANPOWERGROUP INC WISSOLE | COM | 17.46K | SH | $514.3K 0.53% | 17.46K | 0.00 | 0.00 |
KORN FERRYSOLE | COM NEW | 8.14K | SH | $512.6K 0.53% | 8.14K | 0.00 | 0.00 |
INSTEEL INDS INCSOLE | COM | 14.89K | SH | $500.5K 0.52% | 14.89K | 0.00 | 0.00 |
DELL TECHNOLOGIES INCSOLE | CL C | 3.05K | SH | $500.1K 0.52% | 3.05K | 0.00 | 0.00 |
RYDER SYS INCSOLE | COM | 2.42K | SH | $495.6K 0.51% | 2.42K | 0.00 | 0.00 |
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