13F filer

Breakwater Investment Management

As of Sep 30, 2026 Filed Oct 20, 2026 CIK 2025925 SEC filings ↗

13F Value

$301.7M

Positions

774

Top Position

VTI13.0%

Top 5

36.2%

Latest filing changes

vs Jun 30, 2026

1 ALLW State Street(R) Bridgewater(R) All Weather(R) ETF — SPDR Bridgewater All Weather ETF +212.9%+$4.4M

2 SPTM State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF +36.2%+$3.8M

3 TFI State Street(R) SPDR Nuveen ICE Municipal Bond ETF +533.4%+$2.4M

4 PRIV State Street(R) IG Public & Private Credit ETF — SPDR SSGA IG Public & Private Credit ETF +275.0%+$2.4M

5 SPEM State Street(R) SPDR(R) Portfolio Emerging Markets ETF +213.1%+$2.4M

Holdings774

#
1	VTI Vanguard Morningstar Total Stock Market Index Fund — ETF Shares	13.0%	$39.1M	-7.3%	104.5K	14.2%	ETF
2	SCHB Schwab U.S. Broad Market ETF	7.7%	$23.4M	-6.9%	797.6K	8.4%	ETF
3	VXUS Vanguard Total International Stock Index Fund — ETF Shares	6.2%	$18.7M	-2.2%	219.6K	6.5%	ETF
4	SPTM State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF	4.8%	$14.4M	+36.2%	156.1K	3.5%	ETF
5	MSFT Microsoft	4.5%	$13.6M	+8.0%	26.4K	3.1%	Common Stock
6	SCHF Schwab International Equity ETF	3.0%	$9.0M	+32.6%	328.4K	2.3%	ETF
7	SCCR Schwab Core Bond ETF	2.8%	$8.5M	+11.5%	347.8K	2.7%	ETF
8	VEU Vanguard FTSE All-World ex-US Index Fund — ETF Shares	2.4%	$7.3M	-5.4%	88.6K	2.7%	ETF
9	VCRB Vanguard Core Bond ETF — ETF Shares	2.2%	$6.6M	+9.2%	90.1K	2.2%	ETF
10	ALLW State Street(R) Bridgewater(R) All Weather(R) ETF — SPDR Bridgewater All Weather ETF	2.1%	$6.5M	+212.9%	226.7K	0.7%	ETF
11	BND Vanguard Total Bond Market Index Fund — ETF Shares	2.1%	$6.5M	-21.0%	92.3K	2.9%	ETF
12	SPY State Str SPDR S&P 500 ETF T — Tr Unit	2.1%	$6.5M	-1.8%	8.5K	2.2%	ETF
13	VT Vanguard Total World Stock Index Fund — ETF Shares	2.1%	$6.4M	-3.9%	40.3K	2.2%	ETF
14	VWO Vanguard Emerging Markets Stock Index Fund — ETF Shares	1.8%	$5.4M	-6.2%	91.3K	2.0%	ETF
15	MGK Vanguard Morningstar Mega Cap Growth Index Fund — ETF Shares	1.7%	$5.0M	-7.3%	54.3K	1.8%	ETF
16	VYM Vanguard High Dividend Yield Index Fund — ETF Shares	1.7%	$5.0M	-12.4%	32.4K	2.0%	ETF
17	BNDX Vanguard Total International Bond Index Fund — ETF Shares	1.6%	$5.0M	-33.5%	106.2K	2.6%	ETF
18	AMZN Amazon	1.6%	$4.7M	-5.3%	18.9K	1.6%	Common Stock
19	VIG Vanguard Dividend Appreciation Index Fund — ETF Shares	1.5%	$4.6M	-6.5%	19.9K	1.7%	ETF
20	SPAB State Street SPDR Portfolio Aggregate Bond ETF	1.4%	$4.3M	+42.7%	175.7K	1.1%	ETF

Change compares with the prior filing. Prior % is the share of the portfolio in that filing. Trend shows the quantity held in each of the last four filings: green rose, red fell, grey unchanged.

Exited in Latest Filing71

#	Holding	Prior %	Prior Value	Change	Prior Quantity	Trend (4Q)	Type

Compared with the immediately prior published filing (Jun 30, 2026). Prior values are shown for context and are not included in current totals.