SYNTAX RESEARCH, INC.

13F filer, CIK 1999827, BOCA RATON, FL

SYNTAX RESEARCH, INC. reported $148,036,822 across 190 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-12-18. Its ten largest share positions make up 44% of the portfolio.

Filed 2024-12-18 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:55 UTC13F-HR 0001398344-24-023327

Period: 2024-09-30
Reported value: $148M
Holdings: 190
Top 10 weight: 44%
New: 27
Sold out: 11

Largest buys vs the previous quarter

Security	Shares change	Approx. value
IEFadded	+35,691	$3.5M
SLBnew	+83,207	$3.49M
FCXadded	+69,723	$3.48M
CVXadded	+22,647	$3.34M
COPnew	+30,727	$3.23M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
SHYreduced	-67,086	-$5.58M
CUBEreduced	-69,639	-$3.75M
COLDexited	-135,612	-$3.46M
NEMreduced	-49,156	-$2.63M
IJHreduced	-28,284	-$1.76M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q3 2024

Share positions as resolved from 13F-HR 0001398344-24-023327, largest first. % of portfolio is the value over $147,821,672, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
IVVISHARES TR	20,824	$12M	8.13%	+259	Timeline
VLUEISHARES TR	72,176	$7.87M	5.32%	+650	Timeline
SHYISHARES TR	84,322	$7.01M	4.74%	-67,086	Timeline
AAPLAPPLE INC	29,254	$6.82M	4.61%	-990	Timeline
ACWXISHARES TR	106,661	$6.1M	4.13%	-2,364	Timeline
IEURISHARES TR	97,480	$5.94M	4.02%	+951	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	9,468	$5.43M	3.67%	-472	Timeline
NOBLPROSHARES TR	45,611	$4.87M	3.29%	+76	Timeline
IEFISHARES TR	47,544	$4.67M	3.16%	+35,691	Timeline
TLTISHARES TR	43,990	$4.32M	2.92%	+274	Timeline
PLDPROLOGIS INC.	31,602	$3.99M	2.7%	-231	Timeline
IJHISHARES TR	62,316	$3.88M	2.63%	-28,284	Timeline
CVXCHEVRON CORPORATION	25,428	$3.74M	2.53%	+22,647	Timeline
FCXFREEPORT MCMORAN INC	70,137	$3.5M	2.37%	+69,723	Timeline
SLBSLB LIMITED	83,207	$3.49M	2.36%	new	Timeline
LQDISHARES TR	29,769	$3.36M	2.28%	+22,018	Timeline
COPCONOCOPHILLIPS	30,727	$3.23M	2.19%	new	Timeline
FDXFEDEX CORP	11,793	$3.23M	2.18%	-548	Timeline
AMTAMERICAN TOWER CORP	13,605	$3.16M	2.14%	-3,138	Timeline
NTRNUTRIEN LTD	64,836	$3.12M	2.11%	+6,637	Timeline
MSFTMICROSOFT CORP	7,085	$3.05M	2.06%	-493	Timeline
APDAIR PRODUCTS AND CHEMICALS I	10,222	$3.04M	2.06%	-2,944	Timeline
IJRISHARES TR	25,602	$2.99M	2.03%	+14,666	Timeline
BXPBXP INC	32,332	$2.6M	1.76%	-16,046	Timeline
CMECME GROUP INC	11,513	$2.54M	1.72%	new	Timeline
WMWASTE MGMT INC DEL	12,086	$2.51M	1.7%	+10,081	Timeline
DOWDOW HLDGS INC	43,401	$2.37M	1.6%	+33,425	Timeline
ABTABBOTT LABORATORIES	20,000	$2.28M	1.54%	new	Timeline
NEMNEWMONT CORP	34,292	$1.83M	1.24%	-49,156	Timeline
PAAPLAINS ALL AMERN PIPELINE L	100,316	$1.74M	1.18%	new	Timeline
JPMJPMORGAN CHASE & CO	7,913	$1.67M	1.13%	-66	Timeline
GOOGALPHABET INC	9,787	$1.64M	1.11%	-1,060	Timeline
MRKMERCK & CO INC	12,175	$1.38M	0.94%	+10,000	Timeline
AVGOBROADCOM INC	6,899	$1.19M	0.81%	+6,197	Timeline
QUALISHARES TR	6,395	$1.15M	0.78%	+688	Timeline
AMZNAMAZON COM INC	4,300	$801K	0.54%	+420	Timeline
QCOMQUALCOMM INC	4,682	$796K	0.54%	+382	Timeline
BABOEING CO	4,708	$716K	0.48%	+730	Timeline
RTXRTX CORPORATION	5,457	$661K	0.45%	-484	Timeline
CSCOCISCO SYS INC	11,946	$636K	0.43%	-392	Timeline
LMTLOCKHEED MARTIN CORP	1,041	$609K	0.41%	0	Timeline
GOVTISHARES TR	24,435	$573K	0.39%	+171	Timeline
MDTMEDTRONIC PLC	6,319	$569K	0.38%	+5,408	Timeline
UPSUNITED PARCEL SVCS INC	3,909	$533K	0.36%	+3,808	Timeline
QQQINVESCO QQQ TR	1,050	$512K	0.35%	+1	Timeline
TIPISHARES TR	4,453	$492K	0.33%	+27	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	1,024	$471K	0.32%	0	Timeline
BLACKROCK INCBLACKROCK INC	474	$450K	0.3%	-46
EMREMERSON ELEC CO	3,561	$389K	0.26%	+3,310	Timeline
GOOGLALPHABET INC	2,242	$372K	0.25%	+21	Timeline
INTCINTEL CORP	15,000	$352K	0.24%	-701	Timeline
VVISA INC	1,268	$349K	0.24%	+1	Timeline
COSTCOSTCO WHOLESALE CORPORATION	392	$348K	0.24%	0	Timeline
VTIVANGUARD INDEX FDS	1,222	$346K	0.23%	new	Timeline
HDHOME DEPOT INC	815	$330K	0.22%	+9	Timeline
IEMGISHARES INC	5,148	$296K	0.2%	0	Timeline
LLYELI LILLY & CO	323	$286K	0.19%	0	Timeline
REGNREGENERON PHARMACEUTICALS	245	$258K	0.17%	-100	Timeline
PAYXPAYCHEX INC	1,826	$245K	0.17%	-312	Timeline
BACBANK OF AMER CORP	5,579	$221K	0.15%	+9	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	1,201	$209K	0.14%	+2	Timeline
VOTVANGUARD INDEX FDS	837	$204K	0.14%	0	Timeline
VALEVALE S A	16,983	$198K	0.13%	new	Timeline
VIGVANGUARD SPECIALIZED FUNDS	748	$148K	0.1%	+4	Timeline
MUBISHARES TR	1,300	$141K	0.1%	new	Timeline
METAMETA PLATFORMS INC	245	$140K	0.09%	0	Timeline
NFLXNETFLIX INC.	175	$124K	0.08%	0	Timeline
USMVISHARES TR	1,297	$118K	0.08%	0	Timeline
EDCONSOLIDATED EDISON INC	1,114	$116K	0.08%	0	Timeline
WFCWELLS FARGO & CO	2,036	$115K	0.08%	0	Timeline
TSLATESLA INC	375	$98.1K	0.07%	0	Timeline
PECOPHILLIPS EDISON & CO INC	2,527	$95.3K	0.06%	0	Timeline
CMCSACOMCAST CORP NEW	2,082	$87K	0.06%	+6	Timeline
SAPSAP SE	370	$84.8K	0.06%	0	Timeline
XLFSELECT SECTOR SPDR TR	1,737	$78.7K	0.05%	0	Timeline
AMGNAMGEN INC	237	$76.4K	0.05%	0	Timeline
GDGENERAL DYNAMICS CORP	252	$76.2K	0.05%	0	Timeline
ETNEATON CORP PLC	225	$74.6K	0.05%	0	Timeline
GMEDGLOBUS MED INC	1,000	$71.5K	0.05%	0	Timeline
HPQHP INC	1,897	$68K	0.05%	0	Timeline
NEENEXTERA ENERGY INC	804	$68K	0.05%	0	Timeline
JNJJOHNSON & JOHNSON	411	$66.6K	0.05%	0	Timeline
IYYISHARES TR	472	$65.9K	0.04%	0	Timeline
VZVERIZON COMMUNICATIONS INC	1,300	$58.4K	0.04%	0	Timeline
DRIDARDEN RESTAURANTS INC	337	$55.3K	0.04%	0	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	88	$54.4K	0.04%	0	Timeline
CATCATERPILLAR INC	138	$54K	0.04%	+3	Timeline
CVSCVS HEALTH CORP	772	$48.5K	0.03%	-155	Timeline
VGKVANGUARD INTL EQUITY INDEX F	666	$47.3K	0.03%	new	Timeline
DISDISNEY WALT CO	476	$45.8K	0.03%	+1	Timeline
HDVISHARES TR	387	$45.6K	0.03%	+1	Timeline
PFFISHARES TR	1,322	$43.9K	0.03%	0	Timeline
ICEINTERCONTINENTAL EXCHANGE IN	264	$42.4K	0.03%	0	Timeline
IYFISHARES TR	404	$42K	0.03%	0	Timeline
PFEPFIZER INC	1,448	$41.9K	0.03%	-650	Timeline
UNHUNITEDHEALTH GROUP INC	71	$41.5K	0.03%	+4	Timeline
IWOISHARES TR	146	$41.5K	0.03%	0	Timeline
CWBSPDR SERIES TRUST	537	$41.1K	0.03%	0	Timeline
VBVANGUARD INDEX FDS	169	$40.1K	0.03%	+40	Timeline
HONHONEYWELL INTL INC	191	$39.5K	0.03%	0	Timeline
HPEHEWLETT PACKARD ENTERPRISE C	1,897	$38.8K	0.03%	0	Timeline
CLXCLOROX CO DEL	221	$36K	0.02%	0	Timeline
SHYGISHARES TR	813	$35.3K	0.02%	0	Timeline
IGSBISHARES TR	655	$34.5K	0.02%	0	Timeline
AFLAFLAC INC	300	$33.5K	0.02%	0	Timeline
IWPISHARES TR	262	$30.7K	0.02%	0	Timeline
SBUXSTARBUCKS CORP	300	$29.2K	0.02%	0	Timeline
LOWLOWES COS INC	106	$28.7K	0.02%	+6	Timeline
PEGPUBLIC SVC ENTERPRISE GROUP	315	$28.1K	0.02%	0	Timeline
ADBEADOBE INC	52	$26.9K	0.02%	0	Timeline
SCHFSCHWAB STRATEGIC TR	615	$25.3K	0.02%	new	Timeline
ALCALCON AG	250	$25K	0.02%	0	Timeline
KRKROGER CO	433	$24.8K	0.02%	0	Timeline
UNPUNION PAC CORP	99	$24.4K	0.02%	0	Timeline
ITAISHARES TR	158	$23.6K	0.02%	0	Timeline
IWDISHARES TR	122	$23.2K	0.02%	0	Timeline
KLACKLA CORP	29	$22.5K	0.02%	0	Timeline
NOWSERVICENOW INC	25	$22.4K	0.02%	0	Timeline
CUBECUBESMART	409	$22K	0.01%	-69,639	Timeline
GMGENERAL MTRS CO	466	$20.9K	0.01%	0	Timeline
CBOECBOE GLOBAL MKTS INC	100	$20.5K	0.01%	0	Timeline
MDLZMONDELEZ INTL INC	269	$19.8K	0.01%	0	Timeline
NVDANVIDIA CORPORATION	160	$19.4K	0.01%	new	Timeline
ELVELEVANCE HEALTH INC FORMERLY	37	$19K	0.01%	+1	Timeline
XOMEXXON MOBIL CORP	152	$17.8K	0.01%	0	Timeline
SNOWSNOWFLAKE INC	150	$17.2K	0.01%	new	Timeline
CLCOLGATE PALMOLIVE CO	165	$17.1K	0.01%	0	Timeline
PEPPEPSICO INC	100	$17K	0.01%	0	Timeline
VWOVANGUARD INTL EQUITY INDEX F	351	$16.8K	0.01%	new	Timeline
IDVISHARES TR	541	$16.4K	0.01%	-13,137	Timeline
SCHDSCHWAB STRATEGIC TR	188	$15.9K	0.01%	new	Timeline
XLRESELECT SECTOR SPDR TR	344	$15.4K	0.01%	-5,919	Timeline
GDXVANECK ETF TRUST	383	$15.3K	0.01%	0	Timeline
USBUS BANCORP	326	$14.9K	0.01%	0	Timeline
SHWSHERWIN WILLIAMS CO	39	$14.9K	0.01%	0	Timeline
VTRVENTAS INC	230	$14.8K	0.01%	0	Timeline
KOCOCA COLA CO	200	$14.4K	0.01%	0	Timeline
VXFVANGUARD INDEX FDS	78	$14.2K	0.01%	new	Timeline
VEAVANGUARD TAX-MANAGED FDS	266	$14K	0.01%	new	Timeline
SJMSMUCKER J M CO	112	$13.6K	0.01%	0	Timeline
MOALTRIA GROUP INC	250	$12.8K	0.01%	0	Timeline
TAT&T INC	536	$11.8K	0.01%	0	Timeline
CRSPCRISPR THERAPEUTICS AG	250	$11.7K	0.01%	0	Timeline
DEDEERE & CO	27	$11.3K	0.01%	0	Timeline
CCITIGROUP INC	179	$11.2K	0.01%	0	Timeline
CSXCSX CORP	324	$11.2K	0.01%	0	Timeline
ADPAUTOMATIC DATA PROCESSING IN	39	$10.8K	0.01%	0	Timeline
MNSTMONSTER BEVERAGE CORP NEW	200	$10.4K	0.01%	0	Timeline
MELIMERCADOLIBRE INC	5	$10.3K	0.01%	0	Timeline
AMATAPPLIED MATLS INC	49	$9.9K	0.01%	0	Timeline
CARRCARRIER GLOBAL CORPORATION	118	$9.5K	0.01%	0	Timeline
DDDUPONT DE NEMOURS INC	100	$8.91K	0.01%	0	Timeline
WYNNWYNN RESORTS LTD	89	$8.53K	0.01%	0	Timeline
BKNGBOOKING HOLDINGS INC	2	$8.43K	0.01%	0	Timeline
MCDMCDONALDS CORP	25	$7.61K	0.01%	0	Timeline
ITOTISHARES TR	60	$7.48K	0.01%	0	Timeline
MGMMGM RESORTS INTERNATIONAL	190	$7.43K	0.01%	0	Timeline
VOOVANGUARD INDEX FDS	13	$6.86K	<0.01%	new	Timeline
MRNAMODERNA INC	100	$6.68K	<0.01%	new	Timeline
BXBLACKSTONE INC	43	$6.64K	<0.01%	0	Timeline
LVSLAS VEGAS SANDS CORP	129	$6.49K	<0.01%	0	Timeline
OTISOTIS WORLDWIDE CORP	59	$6.13K	<0.01%	0	Timeline
GSGOLDMAN SACHS GROUP INC	12	$5.94K	<0.01%	0	Timeline
UALUNITED AIRLS HLDGS INC	100	$5.71K	<0.01%	0	Timeline
CCCCC4 THERAPEUTICS INC	1,000	$5.7K	<0.01%	0	Timeline
SHELSHELL PLC	83	$5.47K	<0.01%	0	Timeline
ALLALLSTATE CORP	28	$5.31K	<0.01%	0	Timeline
DALDELTA AIR LINES INC	100	$5.08K	<0.01%	0	Timeline
HEHAWAIIAN ELEC INDS INC MTN B	508	$4.92K	<0.01%	0	Timeline
CCLCARNIVAL CORP	260	$4.8K	<0.01%	0	Timeline
GHGUARDANT HEALTH INC	200	$4.59K	<0.01%	0	Timeline
LUVSOUTHWEST AIRLS CO	138	$4.09K	<0.01%	0	Timeline
QCLNFIRST TR EXCHANGE-TRADED FD	100	$3.59K	<0.01%	0	Timeline
DXCDXC TECHNOLOGY CO	162	$3.36K	<0.01%	0	Timeline
MSIMOTOROLA SOLUTIONS INC	6	$2.7K	<0.01%	0	Timeline
AIAISHARES TR	35	$2.53K	<0.01%	0	Timeline
AALAMERICAN AIRLINES GROUP INC	200	$2.25K	<0.01%	0	Timeline
ACNACCENTURE PLC IRELAND	5	$1.77K	<0.01%	new	Timeline
MAMASTERCARD INCORPORATED	3	$1.48K	<0.01%	new	Timeline
PMPHILIP MORRIS INTL INC	12	$1.46K	<0.01%	new	Timeline
AXPAMERICAN EXPRESS CO	5	$1.36K	<0.01%	new	Timeline
VLOVALERO ENERGY CORP	9	$1.22K	<0.01%	new	Timeline
WMTWALMART INC	15	$1.21K	<0.01%	new	Timeline
TDOCTELADOC HEALTH INC	100	$918	<0.01%	0	Timeline
QSQUANTUMSCAPE CORP	150	$863	<0.01%	0	Timeline
TXNTEXAS INSTRS INC	3	$620	<0.01%	new	Timeline
ABBVABBVIE INC	3	$593	<0.01%	new	Timeline
SPIRIT AIRLS INCSPIRIT AIRLS INC	180	$432	<0.01%	0
LXRXLEXICON PHARMACEUTICALS INC	142	$223	<0.01%	0	Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
MSFTMICROSOFT CORP COM	put	500	$215K	new

Sold out in Q3 2024

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
COLDAMERICOLD REALTY TRUST INC	135,612	$3.46M	shares
FMCFMC CORP	12,335	$710K	shares
DLRDIGITAL RLTY TR INC	608	$92.4K	shares
XIFRXPLR INFRASTRUCTURE LP	1,143	$31.6K	shares
NKENIKE INC	100	$7.54K	shares
ZMZOOM COMMUNICATIONS INC	119	$7.04K	shares
FBINFORTUNE BRANDS INNOVATIONS I	100	$6.49K	shares
MTCHMATCH GROUP INC NEW	100	$3.04K	shares
PRIMPRIMORIS SVCS CORP	50	$2.5K	shares
GRNDGRINDR INC	100	$1.22K	shares
ALIMERA SCIENCES INCALIMERA SCIENCES INC	80	$445	shares

How Q3 2024 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001398344-24-023327	base		2024-12-18	acceptance time not in the bulk data set	2026-10-07 18:25:55 UTC