SEC Filing Analysis: RoundAngle Advisors LLC (13F-HR)

Executive Summary

• Trading Significance: Low
• Key Takeaway: RoundAngle Advisors LLC has filed its quarterly Form 13F-HR, disclosing $129.13 million in assets under management across 59 holdings as of September 30, 2025. The portfolio is diversified, with top holdings in large-cap tech, precious metals, and various ETFs.
• Market Impact: As a routine quarterly disclosure of positions held over a month ago, this filing is unlikely to have a direct impact on the market. It serves as a historical snapshot of the firm's portfolio.

Filer Information

Field	Value
Filer Name	RoundAngle Advisors LLC
CIK	0002049176
Address	1 HARDING ROAD, SUITE 206, RED BANK, NJ 07701
Report For Period	2025-09-30

Filing Summary

Field	Value
Form Type	13F-HR (Holdings Report)
Filing Date	2025-10-10
Total Portfolio Value	$129,127,405
Number of Holdings	59

Top 10 Holdings

Issuer	Ticker	Value (USD)	Shares
BROADCOM INC	AVGO	$5,588,365	16,939
SPDR GOLD TR	GLD	$5,587,988	15,720
ISHARES TR (CORE S&P MCP ETF)	IJH	$5,455,671	83,599
APPLE INC	AAPL	$5,378,040	21,121
VANGUARD INDEX FDS (VALUE ETF)	VTV	$5,118,032	27,444
PROSHARES TR (S&P 500 DV ARIST)	NOBL	$4,646,396	45,080
VANGUARD SCOTTSDALE FDS (INTER TERM TREAS)	VGIT	$4,062,372	67,672
ISHARES SILVER TR	SLV	$3,826,901	90,321
ISHARES TR (MSCI USA MMENTM)	MTUM	$3,813,668	14,871
NVIDIA CORPORATION	NVDA	$3,783,469	20,278

Portfolio Analysis

Sector & Asset Allocation

• The portfolio demonstrates a blended strategy. There is significant exposure to the Information Technology sector through individual stocks like Broadcom, Apple, and Nvidia, as well as semiconductor ETFs.
• A notable allocation to precious metals is evident with large positions in both Gold (GLD) and Silver (SLV) trusts, suggesting a hedge against inflation or market volatility.
• The fund utilizes a variety of ETFs for exposure to different market segments, including mid-cap (IJH), value (VTV), dividend aristocrats (NOBL), and momentum (MTUM), indicating a factor-based investment approach.
• Fixed income exposure is present through Vanguard's intermediate and short-term treasury and corporate bond ETFs.

Investment Insights

• Diversification: The use of 59 positions and numerous broad-market ETFs indicates a strategy focused on diversification rather than concentrated bets.
• Core-Satellite Approach: The portfolio appears to follow a core-satellite model, with core holdings in broad market and factor ETFs, supplemented by satellite positions in individual growth and value stocks.
• Backward-Looking Data: It is crucial to remember that 13F filings report positions held at the end of the previous quarter. These holdings may have changed significantly between the reporting date (Sept 30) and the filing date (Oct 10).

Contextual Analysis

What is a Form 13F-HR?

A Form 13F-HR is a mandatory quarterly report filed by institutional investment managers with at least $100 million in assets under management. It discloses their long positions in publicly-traded securities. It does not include short positions, cash, or certain other asset types.

Limitations of 13F Data

• Time Lag: The data is 45 days old at the time of filing, making it a historical record, not a real-time trading signal.
• Incomplete Picture: Filings only show long positions and do not reveal short sales, derivatives, or non-U.S. securities, providing a partial view of the manager's strategy.
• No 'Why': The filing lists what was held, but provides no context or reasoning for the investment decisions.

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IMPORTANT DISCLAIMER: This analysis is for informational purposes only and is not intended as investment advice. The information presented is based on publicly available SEC filings and should not be construed as a recommendation to buy, sell, or hold any securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Please consult with a qualified financial advisor before making any investment decisions.

Analysis generated on 2025-10-10 | Data source: SEC EDGAR