SEC Filing Analysis: BigSur Wealth Management LLC

Executive Summary

• Trading Significance: Medium
• Key Takeaway: BigSur Wealth Management LLC filed its quarterly Form 13F-HR, disclosing $408.3 million in managed assets as of September 30, 2025. The portfolio is diversified across 159 holdings, with a strong concentration in broad-market ETFs, large-cap technology, and a significant allocation to a spot Bitcoin ETF.
• Market Impact: This filing provides transparency into the firm's investment strategy. While 13F data is backward-looking, it is valuable for tracking institutional sentiment and identifying trends, such as the growing institutional adoption of digital assets.

Filer Information

Field	Value
Company	BigSur Wealth Management LLC
Ticker Symbol	null (Private Company)
CIK	0001659171
Type	Investment Manager

Filing Details

Field	Value
Form Type	13F-HR (Holdings Report)
Filing Date	2025-10-14
Period of Report	2025-09-30
Total Portfolio Value	$408,279,433
Number of Holdings	159

Top 10 Holdings Analysis

This table highlights the ten largest positions by market value, which represent a significant portion of the total portfolio.

Issuer	Security	Value (USD)	Shares
SPDR S&P 500 ETF TR	TR UNIT	$35,099,551	52,554
Berkshire Hathaway Inc Del	CL A	$24,134,400	32
iShares Bitcoin Trust ETF	SHS BEN INT	$16,996,395	261,483
NVIDIA Corporation	COM	$15,654,225	83,896
Vanguard Intl Equity Index F	FTSE EUROPE ETF	$15,402,198	193,010
iShares TR	RUSSELL 3000 ETF	$12,012,398	31,700
JPMorgan Chase & Co.	COM	$11,537,168	36,576
Blackstone Inc	COM	$9,650,804	56,487
Apple Inc	COM	$9,027,397	35,453
Palo Alto Networks Inc	COM	$8,788,239	43,160

Investment Insights

Portfolio Composition

• Dominance of ETFs: The portfolio is heavily weighted towards Exchange-Traded Funds (ETFs), including the top holding SPY and several other broad market and sector-specific funds. This suggests a strategy focused on diversified, low-cost market exposure.
• Concentration in Mega-Caps: Beyond ETFs, the firm holds significant positions in mega-cap leaders like Berkshire Hathaway, NVIDIA, Apple, and JPMorgan, indicating confidence in established, high-quality companies.
• Significant Crypto Exposure: The $17 million position in the iShares Bitcoin Trust (IBIT) is a major highlight. It places BigSur among institutional managers formally integrating digital assets into their strategies, signaling a bullish long-term outlook on Bitcoin.

Sector Allocation

• The holdings show a clear preference for the Information Technology (NVIDIA, Apple, Palo Alto Networks) and Financials (JPMorgan, Blackstone, Berkshire Hathaway) sectors. The large allocation to the S&P 500 ETF provides broad diversification across all sectors.

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, offering a snapshot of their portfolio at the end of the calendar quarter.

Timing Significance

The data is as of September 30, 2025, and was filed on October 14, 2025. This means there is a lag of several weeks. The positions disclosed may have changed between the end of the quarter and the filing date. Therefore, it should be used as a historical reference rather than a real-time trading signal.

Risk Assessment

Risk Level: Low

Considerations for Interpretation

• Lagging Data: The primary risk in analyzing 13F filings is that the data is not current. The manager could have sold or added to these positions since the reporting date.
• No Short Positions: 13F filings only require the disclosure of long positions. They do not reveal short sales, so this report does not provide a complete picture of the firm's market outlook or hedging strategies.
• Not a Trading Guide: These filings reflect a professional manager's strategy but should not be mirrored directly. The rationale and timing for each position are unknown.

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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 2025-10-14 | Data source: SEC EDGAR