SEC Filing Analysis: DLK Investment Management, LLC (13F-HR)

Executive Summary

• Filing Type: 13F-HR (Quarterly Holdings Report)
• Key Takeaway: DLK Investment Management, LLC reported $265.5 million in assets under management as of September 30, 2025, across 90 positions. The portfolio shows a significant concentration in large-cap technology and blue-chip stocks.
• Portfolio Concentration: The top 10 holdings represent approximately 40.2% of the total portfolio value, indicating a moderately concentrated investment strategy.

Filer Information

Field	Value
Filer Name	DLK Investment Management, LLC
CIK	0002016793
Total Assets (AUM)	$265,499,304
Report Period	2025-09-30

Portfolio Overview

This Form 13F-HR filing details the institutional investment manager's long positions in publicly traded securities at the end of the third quarter of 2025.

Metric	Value
Form Type	13F-HR
Filing Date	2025-10-14
Total Holdings Value	$265,499,304
Number of Holdings	90

Top Holdings Analysis

The portfolio is heavily weighted towards established market leaders, particularly in the technology sector.

#	Issuer Name	Value (USD)	Shares	% of Portfolio
1	Microsoft Corp	$18,146,444	35,035	6.83%
2	Apple Inc	$16,046,907	63,020	6.04%
3	Alphabet Inc (Class C)	$15,681,855	64,389	5.91%
4	JPMorgan Chase & Co.	$9,707,548	30,776	3.66%
5	Costco Wholesale Corp	$9,228,893	9,970	3.48%
6	RTX Corporation	$8,395,183	50,171	3.16%
7	Intercontinental Exchange Inc	$8,147,350	48,358	3.07%
8	Walmart Inc	$7,541,855	73,179	2.84%
9	Waste Management Inc	$7,285,968	32,994	2.74%
10	Tesla Inc	$7,201,796	16,194	2.71%

Note: The top 10 holdings constitute approximately 40.2% of the total reported assets.

Investment Insights

Strategic Focus

• Large-Cap Dominance: The portfolio is dominated by mega-cap and large-cap stocks, suggesting a strategy focused on stability and long-term growth from established companies.
• Tech Concentration: The top three holdings (Microsoft, Apple, Alphabet) are all major technology firms, accounting for nearly 19% of the portfolio's value. This indicates a strong bullish stance on the tech sector.
• Diversification: While concentrated at the top, the fund holds 90 different securities, providing diversification across various other sectors like financials (JPMorgan), consumer staples (Costco, Walmart), and industrials (RTX, Waste Management).

Potential Implications

• This filing provides transparency into the fund's Q3 2025 positions. It does not show short positions, cash holdings, or intra-quarter trades.
• The positions reflect the manager's view as of the end of the quarter and may have changed since.
• Traders and investors may analyze this data to gauge institutional sentiment towards specific stocks and sectors.

Risk Assessment

Risk Level: Medium

Portfolio-Specific Risks

• Concentration Risk: With over 40% of assets in the top 10 holdings, the portfolio's performance is highly sensitive to the price movements of these specific stocks.
• Market Risk: The heavy allocation to the broader stock market, particularly the tech sector, exposes the fund to systematic market downturns or sector-specific corrections.
• Information Lag: As a quarterly report, the data is backward-looking. The fund's current positions may differ significantly from those reported.

---

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 2025-10-14 | Data source: SEC EDGAR