Total Net Worth
$54.27M
Marketable Securities
Real Estate
Crypto (IBIT + ETHA)
Performance

Portfolio Summary

Positions
Largest Holding
Top Weight
Sectors
Dividend Yield
Account Structure

Marketable Securities Components

Public Equities
Muni Bonds
Private Equity
Other Fixed Income
Total Marketable Securities

Opportunistic Fund Impact

Opp Fund NAV
Opp Fund Cost Basis
Opp Fund Appreciation
Marketable Securities
Less: Opp Fund NAV
Ex-Opp Fund
Note: Distribution sheet uses cost basis for Opp Fund allocation. Appreciation is included in marketable securities total.
Asset Allocation
Liquidity Profile
Performance vs Benchmarks

1-Year

Dec 2024 – Dec 2025
Dircks LLC+7.72%
VBIAX+13.58%
Policy Benchmark+12.75%
vs Policy-5.03%

2-Year

Dec 2023 – Dec 2025
Dircks LLC+9.87%
VBIAX+30.15%
Policy Benchmark+28.15%
vs Policy-18.28%

3-Year

Dec 2022 – Dec 2025
Dircks LLC+16.24%
VBIAX+53.03%
Policy Benchmark+46.39%
vs Policy-30.15%

Benchmark Definitions

VBIAX – Vanguard Balanced Index Fund
Industry-standard 60/40 balanced fund tracking CRSP US Total Market Index (60%) and Bloomberg US Aggregate Float Adjusted Bond Index (40%).
Policy Benchmark – Custom Allocation
Constructed to match portfolio's actual allocation: 45% S&P 500 TR, 35% bonds @ 4% annual, 20% money market @ 5% annual. Based on Dec 2025 allocation of 43.6% equities, 35.1% bonds, 21.3% cash.
Top 25 Holdings
Largest Positions
#TickerSecurityMarket Value% of Portfolio

Position Concentration

Real Estate Holdings
PropertyValue% of Real Estate% of Net Worth
22 Oceanview Drive$15,000,00083.6%27.6%
20 N. Briarcliff$1,500,0008.4%2.8%
38 Atlantic$1,450,0008.1%2.7%
Total Real Estate$17,950,000100%33.0%
Cash & Fixed Income
CategoryValueDetails
Money Market Funds$7,037,803FIGXX & VUSXX combined liquidity
T-Bills$1,525,052Maturing Feb 2026 – Feb 2027
Municipal Bonds$4,147,327Morgan Stanley Muni Bond account
Fixed Income (Bond ETFs)$410,145BSV, FBNDX, TIP bond funds
Total Cash & Fixed Income$13,120,32724.2% of Total Net Worth
Dircks Family Office