Richard S. Fuld's Portfolio Concentration Analysis: Top Holdings and Share Changes

As of December 31, 2025, Richard S. Fuld's portfolio with Matrix Private Capital Group totals approximately $197.1 million. This analysis focuses on the largest holdings and significant changes in share quantities during the prior period.

The largest position is Vanguard Index Funds (VTV), representing 10.52% of the total portfolio. The fund holds 108,606 shares, with a value of $20,742,742. Compared to the previous period, shares increased by 4,432 (4.25%).

Another major holding is Vanguard Growth Index Funds (VUG), accounting for 9.87% of the portfolio. With 39,875 shares valued at $19,453,542, this position also saw an increase of 1,115 shares (2.88%) in the prior period.

International Equity exposure is significant through iShares Core Europe ETF (IEFA), which makes up 7.52% of the portfolio. Holding 165,696 shares valued at $14,823,163, this position increased by 8,658 shares (5.51%) during the prior period.

Within US large-cap value stocks, iShares Core S&P Small-Cap Index (IJH) at 5.76% allocation stands out. This includes 172,042 shares valued at $11,354,774, with a 4.61% share increase in the prior period.

Tax-managed diversification is provided by Eaton Vance Tax-Managed Diversified Income Fund (XETYX), representing 5.39% of the portfolio. Holding 692,277 shares valued at $10,619,522, this position saw a substantial increase of 22,752 shares (3.40%) in the prior period.

Further diversification includes iShares Core Small-Cap Index (IJR) at 4.63% allocation, with 75,899 shares valued at $9,121,545. This position increased by 2,590 shares (3.53%) during the prior period.

International exposure continues with Vanguard FTSE Socially Responsible Index (VWO) at 3.76% allocation. Holding 138,045 shares valued at $7,421,282, this position increased by 7,043 shares (5.38%) in the prior period.

Energy sector exposure is notable through SPDR Select Sector Select Energy ETF (XLE), representing 3.36% of the portfolio. This includes 148,272 shares valued at $6,629,225, with a significant increase of 75,271 shares (103.11%) in the prior period.

Energy sector exposure continues with SPDR Select Sector Select Energy ETF (XLE), representing 3.36% of the portfolio. This includes 148,272 shares valued at $6,629,225, with a significant increase of 75,271 shares (103.11%) in the prior period.

Further diversification includes MarketCap Index Fund (Shares) (MLPA) at 3.10% allocation, with 126,417 shares valued at $6,119,858. This position increased by 11,394 shares (9.91%) during the prior period.

BlackRock ETF Trust II (BINC) completes the top ten holdings, representing 2.65% of the portfolio. Holding 99,023 shares valued at $5,225,440, this position increased by 24,384 shares (32.67%) in the prior period.