David Katz of Matrix Advisors Value Fund: Portfolio Shifts in Q4 2025
Matrix Advisors Value Fund's David Katz adjusted his portfolio in Q4 2025, increasing positions in USB and QCOM while reducing holdings in MS, JPM, and others.
For the period ending December 31, 2025, investor David Katz, managing the Matrix Advisors Value Fund, made several notable adjustments to his portfolio. The fund's total value stood at approximately $1.11 billion as of this date.
Among the most significant changes, Mr. Katz increased his stake in US Bancorp (USB) by 6510 shares, representing a 0.91% increase in shares during the quarter. Similarly, he boosted his position in Qualcomm Inc. (QCOM) by 520 shares, a modest 0.24% increase. These additions reflect targeted growth in specific sectors.
Conversely, the investor reduced positions in several key holdings. Morgan Stanley (MS) saw a decrease of 7925 shares, a substantial 2.95% reduction. JPMorgan Chase & Co. (JPM) also experienced a significant decline with 2648 fewer shares, a 1.91% decrease. Microsoft Corp. (MSFT) and Apple Inc. (AAPL) also saw share reductions, while Medtronic PLC (MDT) experienced a smaller decline.
The fund's position in EA Series Trust (MAVF), a closed-end fund, remained relatively stable with a small increase of 662 shares (0.16%). No new positions were disclosed in this filing, and no positions appear to have been fully exited during this quarter.
These adjustments highlight a strategic approach to portfolio management, with Mr. Katz focusing on targeted increases in financial services and technology stocks while strategically reducing exposure in other sectors. For more detailed analysis, readers can explore the investor profile at https://www.insiderset.com/investor/david-katz-matrix and the individual stock positions at https://www.insiderset.com/investors/stocks/.