# EDGAR Filing Document

**Accession Number:** 0001907803
**File Stem:** 0002085853-25-000047
**Filing Date:** 2025-10
**Character Count:** 10283
**Document Hash:** 69440692687e47c8fc72bf58d7139f8e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-25-000047.hdr.sgml**: 20251009

**ACCESSION NUMBER**: 0002085853-25-000047

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251009

**DATE AS OF CHANGE**: 20251009

**EFFECTIVENESS DATE**: 20251009

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Phraction Management LLC
- **CENTRAL INDEX KEY:** 0001907803

**ORGANIZATION NAME:**
- **EIN:** 831449634
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21590
- **FILM NUMBER:** 251384009

**BUSINESS ADDRESS:**
- **STREET 1:** 139 S. MAIN ST
- **STREET 2:** SUITE 2
- **CITY:** COLCHESTER
- **STATE:** CT
- **ZIP:** 06415
- **BUSINESS PHONE:** 8605319590

**MAIL ADDRESS:**
- **STREET 1:** 139 S. MAIN ST
- **STREET 2:** SUITE 2
- **CITY:** COLCHESTER
- **STATE:** CT
- **ZIP:** 06415

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Phraction Management LLC<br>**Address:** 139 S. MAIN ST<br>Suite 2<br>COLCHESTER, CT 06415

**Form 13F File Number:** 028-21590

**CRD Number (if applicable):** 000298633

**SEC File Number (if applicable):** 801-114087

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Jeffrey Sjovall<br>**Title:** CCO<br>**Phone:** 860-531-9590

**Signature, Place, and Date of Signing:**

/s/ Jeffrey Sjovall  Colchester, CT  10-09-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 66

**Form 13F Information Table Value Total:** $346478881

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALCON AG | ORD SHS | H01301128 |  | 1182548 | 15871 | SH |  | SOLE |  | 0 | 0 | 15871 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 14013380 | 57538 | SH |  | SOLE |  | 0 | 0 | 57538 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 21654862 | 89078 | SH |  | SOLE |  | 0 | 0 | 89078 |
| AMAZON COM INC | COM | 023135106 |  | 26823549 | 122164 | SH |  | SOLE |  | 0 | 0 | 122164 |
| ANALOG DEVICES INC | COM | 032654105 |  | 16790647 | 68338 | SH |  | SOLE |  | 0 | 0 | 68338 |
| APPLE INC | COM | 037833100 |  | 891205 | 3500 | SH |  | SOLE |  | 0 | 0 | 3500 |
| APPLIED MATLS INC | COM | 038222105 |  | 5613971 | 27420 | SH |  | SOLE |  | 0 | 0 | 27420 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 13810772 | 14266 | SH |  | SOLE |  | 0 | 0 | 14266 |
| AUTODESK INC | COM | 052769106 |  | 362461 | 1141 | SH |  | SOLE |  | 0 | 0 | 1141 |
| BANK AMERICA CORP | COM | 060505104 |  | 9063125 | 175676 | SH |  | SOLE |  | 0 | 0 | 175676 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 13221120 | 10329 | SH |  | SOLE |  | 0 | 0 | 10329 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 234306 | 7150 | SH |  | SOLE |  | 0 | 0 | 7150 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 8981914 | 47988 | SH |  | SOLE |  | 0 | 0 | 47988 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 8900509 | 17704 | SH |  | SOLE |  | 0 | 0 | 17704 |
| BROADCOM INC | COM | 11135F101 |  | 329910 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 2053285 | 29940 | SH |  | SOLE |  | 0 | 0 | 29940 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 1142751 | 15341 | SH |  | SOLE |  | 0 | 0 | 15341 |
| CARVANA CO | CL A | 146869102 |  | 296133 | 785 | SH |  | SOLE |  | 0 | 0 | 785 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 424844 | 1808 | SH |  | SOLE |  | 0 | 0 | 1808 |
| COSTAR GROUP INC | COM | 22160N109 |  | 1059856 | 12562 | SH |  | SOLE |  | 0 | 0 | 12562 |
| DANAHER CORPORATION | COM | 235851102 |  | 13045905 | 65802 | SH |  | SOLE |  | 0 | 0 | 65802 |
| DBX ETF TR | XTRACK HRVST CSI | 233051879 |  | 580778 | 17610 | SH |  | SOLE |  | 0 | 0 | 17610 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 2122463 | 27246 | SH |  | SOLE |  | 0 | 0 | 27246 |
| ENTEGRIS INC | COM | 29362U104 |  | 9931036 | 107409 | SH |  | SOLE |  | 0 | 0 | 107409 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 4740884 | 21110 | SH |  | SOLE |  | 0 | 0 | 21110 |
| FIRSTENERGY CORP | COM | 337932107 |  | 2318950 | 50610 | SH |  | SOLE |  | 0 | 0 | 50610 |
| FOMENTO ECONOMICO MEXICANO S | SPON ADR UNITS | 344419106 |  | 388010 | 3934 | SH |  | SOLE |  | 0 | 0 | 3934 |
| HOME DEPOT INC | COM | 437076102 |  | 625613 | 1544 | SH |  | SOLE |  | 0 | 0 | 1544 |
| HONEYWELL INTL INC | COM | 438516106 |  | 12857340 | 61080 | SH |  | SOLE |  | 0 | 0 | 61080 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 6069155 | 36023 | SH |  | SOLE |  | 0 | 0 | 36023 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1111263 | 5858 | SH |  | SOLE |  | 0 | 0 | 5858 |
| INVESCO EXCHANGE TRADED FD T | S 500 GARP ETF | 46137V431 |  | 762390 | 6710 | SH |  | SOLE |  | 0 | 0 | 6710 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 3250000 | 50000 | SH |  | SOLE |  | 0 | 0 | 50000 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 601761 | 10016 | SH |  | SOLE |  | 0 | 0 | 10016 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 3019981 | 22554 | SH |  | SOLE |  | 0 | 0 | 22554 |
| LINDE PLC | SHS | G54950103 |  | 2233925 | 4703 | SH |  | SOLE |  | 0 | 0 | 4703 |
| MARA HOLDINGS INC | COM | 565788106 |  | 456500 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| MARKETWISE INC | COM NEW CL A | 57064P206 |  | 1852517 | 112070 | SH |  | SOLE |  | 0 | 0 | 112070 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2073155 | 2823 | SH |  | SOLE |  | 0 | 0 | 2823 |
| MICROSOFT CORP | COM | 594918104 |  | 30376732 | 58648 | SH |  | SOLE |  | 0 | 0 | 58648 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 1564734 | 2568 | SH |  | SOLE |  | 0 | 0 | 2568 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1517828 | 8135 | SH |  | SOLE |  | 0 | 0 | 8135 |
| PEPSICO INC | COM | 713448108 |  | 1889339 | 13453 | SH |  | SOLE |  | 0 | 0 | 13453 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 6099207 | 37603 | SH |  | SOLE |  | 0 | 0 | 37603 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 206353 | 367 | SH |  | SOLE |  | 0 | 0 | 367 |
| RTX CORPORATION | COM | 75513E101 |  | 11557148 | 69068 | SH |  | SOLE |  | 0 | 0 | 69068 |
| S GLOBAL INC | COM | 78409V104 |  | 11276097 | 23168 | SH |  | SOLE |  | 0 | 0 | 23168 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 882022 | 1324 | SH |  | SOLE |  | 0 | 0 | 1324 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 |  | 6588288 | 222427 | SH |  | SOLE |  | 0 | 0 | 222427 |
| STRYKER CORPORATION | COM | 863667101 |  | 522344 | 1413 | SH |  | SOLE |  | 0 | 0 | 1413 |
| SUPER GROUP SGHC LIMITED | ORD SHS | G8588X103 |  | 396409 | 30031 | SH |  | SOLE |  | 0 | 0 | 30031 |
| SYNOPSYS INC | COM | 871607107 |  | 6371145 | 12913 | SH |  | SOLE |  | 0 | 0 | 12913 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 5954752 | 10161 | SH |  | SOLE |  | 0 | 0 | 10161 |
| TEXAS INSTRS INC | COM | 882508104 |  | 6046371 | 32909 | SH |  | SOLE |  | 0 | 0 | 32909 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 15045805 | 31021 | SH |  | SOLE |  | 0 | 0 | 31021 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 727958 | 12280 | SH |  | SOLE |  | 0 | 0 | 12280 |
| UNION PAC CORP | COM | 907818108 |  | 1616534 | 6839 | SH |  | SOLE |  | 0 | 0 | 6839 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 901405 | 9095 | SH |  | SOLE |  | 0 | 0 | 9095 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 1052028 | 13770 | SH |  | SOLE |  | 0 | 0 | 13770 |
| VANECK ETF TRUST | JP MRGAN EM LOC | 92189H300 |  | 208595 | 8177 | SH |  | SOLE |  | 0 | 0 | 8177 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1199373 | 16805 | SH |  | SOLE |  | 0 | 0 | 16805 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 349323 | 3900 | SH |  | SOLE |  | 0 | 0 | 3900 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 |  | 392915 | 4640 | SH |  | SOLE |  | 0 | 0 | 4640 |
| VISA INC | COM CL A | 92826C839 |  | 6078612 | 17806 | SH |  | SOLE |  | 0 | 0 | 17806 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 5757963 | 4665 | SH |  | SOLE |  | 0 | 0 | 4665 |
| WILLIAMS COS INC | COM | 969457100 |  | 7006827 | 110605 | SH |  | SOLE |  | 0 | 0 | 110605 |

---