HBK Sorce Advisory LLC
•CIK: 1379995•Filing: Q4 2025
HBK Source Advisory LLC, led by hedge fund manager Harry Markopolos, known for his role in exposing the Madoff scandal, currently manages $4.4 billion across 626 positions, with a notable focus on target-date funds, as evidenced by top holdings like SCHX and VCRB. Recently, the fund has made significant adjustments, notably adding DFEM by 4138% and CAPR by 341%, while cutting SGOV by 96% and KKR by 89%, reflecting a strategic shift towards more defensive and income-oriented assets.
Total AUM
$4.4B
+ $189.9K in options
QoQ Performance
+6.2%
Positions
482
+ 1 option
Top 10 Concentration
71.3%
Latest Filing
Q4 2025
Top Holdings Allocation
SCHX
VCRB
VEA
DFVX
SCHX21.6%
VCRB16.7%
VEA12.0%
DFVX7.7%
DFEM2.6%
AAPL2.2%
SCHB1.9%
VOO1.1%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other84.1%
Technology6.2%
Financial2.2%
ETF1.8%
Healthcare1.6%
Consumer1.4%
Industrial1.1%
Communication0.6%
🚪 Exited Positionssold since Q3 2025
+535 more exited positions
Changes from Q3 2025
NEW2 new positions
↑96 increased
↓99 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023