1248 Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), 1248 Management, LLC reported 157 stock positions worth $186.9 million. Its top holding was Palmer Square Capital BDC (PSBD) at 19.9% of the portfolio, followed by Alphabet Class A (GOOGL, 8.7%) and Oracle (ORCL, 5.8%). Compared with Q3 2025, it opened 14 new positions, sold out of 13, added to 17 and reduced 18. The biggest buy was Salesforce (CRM, shares +432%) and the biggest sale Paysign (PAYS, shares −46%).

Most Recent 13F
Q2 2026
Location
Kansas City, MO
CIK
0002011147
Portfolio Value
$186.9M (Q4 2025)
SEC Filing
0001580642-26-001085 ↗ filed Feb 13, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q4 2024: $232.2M Q4 2024 Q1 2025: $234.0M Q1 2025 Q2 2025: $270.8M Q2 2025 Q3 2025: $177.3M Q3 2025 Q4 2025: $186.9M $186.9M Q4 2025 Q1 2026: $215.7M Q1 2026 Q2 2026: $255.8M Q2 2026

Holdings 157 stocks · $186.9M
PSBD Palmer Square Capital BDC Inc. 19.95% 2,954,713 $37.3M No change
GOOGL Alphabet Inc. Class A 8.69% 51,924 $16.3M Add +0.2%
ORCL Oracle Corp. 5.85% 56,097 $10.9M Add +93.5%
AMZN Amazon.com Inc. 5.75% 46,583 $10.8M No change
JPM JPMorgan Chase & Co. 5.64% 32,729 $10.5M Reduce -1.6%
MSFT Microsoft Corp. 5.12% 19,781 $9.6M Add +6.0%
SCHW Schwab (charles) Corp. 5.01% 93,729 $9.4M No change
NVDA Nvidia Corp. 4.80% 48,076 $9.0M Add +5.8%
CRM Salesforce Inc. 3.86% 27,181 $7.2M Add +431.9%
GRNY Fundstr Gran SH US LRG Cap 2.91% 219,427 $5.4M No change
ACHR Archer Aviation Inc. Class A 2.47% 614,628 $4.6M New
AAPL Apple Inc. 1.89% 13,010 $3.5M Reduce -26.7%
PAYS Paysign Inc. 1.37% 497,435 $2.6M Reduce -45.9%
AVGO Broadcom Inc. 0.95% 5,137 $1.8M Reduce -0.9%
META Meta Platforms Inc. Class A 0.91% 2,567 $1.7M No change
LLY Eli Lilly & Co. 0.87% 1,515 $1.6M No change
GEV GE Vernova Inc. 0.64% 1,825 $1.2M No change
GS Goldman Sachs Group Inc. 0.62% 1,315 $1.2M No change
ABBV Abbvie Inc. 0.60% 4,902 $1.1M No change
UNP Union Pacific Corp. 0.57% 4,600 $1.1M No change
NOW ServiceNow Inc. 0.56% 6,850 $1.0M No change
GLW Corning Inc. 0.56% 11,948 $1.0M Reduce -31.5%
V Visa Inc. Class A 0.56% 2,963 $1.0M No change
UPS United Parcel Service Class B 0.51% 9,600 $952K Reduce -0.3%
BLK BlackRock Inc. 0.51% 883 $945K No change
PANW Palo Alto Networks Inc. 0.50% 5,073 $934K No change
BKR Baker Hughes Co. 0.49% 20,073 $914K No change
CDNS Cadence Design SYS Inc. 0.48% 2,854 $892K Add +1.0%
TDY Teledyne Technologies Inc. 0.48% 1,744 $891K No change
BKNG Booking Holdings Inc. 0.47% 163 $873K No change
AZO AutoZone Inc. 0.46% 253 $858K No change
ABT Abbott Laboratories 0.45% 6,689 $838K No change
TSLA Tesla Inc. 0.45% 1,857 $835K No change
UBER Uber Technologies Inc. 0.44% 10,121 $827K No change
PNC PNC Financial Services Group 0.44% 3,941 $823K Add +1.6%
C Citigroup Inc. 0.44% 6,976 $814K No change
BSX Boston Scientific Corp. 0.42% 8,224 $784K No change
TEL Te Connectivity PLC 0.41% 3,347 $761K Add +1.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.40% 4,920 $756K No change
KLAC KLA Corp. 0.40% 615 $747K Reduce -39.9%
RMD Resmed Inc. 0.38% 2,972 $716K No change
REGN Regeneron Pharmaceuticals 0.38% 913 $705K New
ANET Arista Networks Inc. 0.37% 5,343 $700K Reduce -28.8%
COST Costco Wholesale Corp. 0.36% 790 $681K No change
TSM Taiwan Semiconductor-SP ADR 0.36% 2,208 $673K No change
PLNT Planet Fitness Inc. Class A 0.35% 5,958 $646K No change
DG Dollar General Corp. 0.34% 4,819 $640K No change
LOW Lowe's Cos Inc. 0.34% 2,614 $630K No change
SPGI S&P Global Inc. 0.33% 1,195 $624K No change
WCN Waste Connections Inc. 0.33% 3,551 $623K No change
XYL Xylem Inc. 0.33% 4,474 $609K No change
VRTX Vertex Pharmaceuticals Inc. 0.33% 1,343 $609K Add +4.8%
ETN Eaton Corp. PLC 0.33% 1,908 $608K No change
URI United Rentals Inc. 0.32% 741 $600K No change
PG The Procter & Gamble Co. 0.30% 3,978 $570K Reduce -4.1%
KR Kroger Co. 0.30% 8,986 $561K No change
GLD SPDR Gold Shares 0.30% 1,415 $561K Reduce -0.7%
PSX Phillips 66 0.28% 4,046 $522K No change
DASH DoorDash Inc. Class A 0.28% 2,301 $521K New
RIVN Rivian Automotive Inc. Class A 0.28% 26,175 $516K No change
CVX Chevron Corp. 0.28% 3,377 $515K No change
AWK American Water Works Co. Inc. 0.28% 3,942 $514K No change
BX Blackstone Inc. 0.26% 3,166 $488K No change
APTV Aptiv PLC 0.25% 6,095 $464K Add +1427.6%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.23% 6,009 $421K New
TQQQ Proshares Ultrapro QQQ 0.21% 7,300 $385K Add +58.7%
NDAQ Nasdaq Inc. 0.21% 3,947 $383K No change
WMT Walmart Inc. 0.18% 2,970 $332K No change
CRWD CrowdStrike Holdings Inc. Class A 0.17% 697 $327K No change
AMGN Amgen Inc. 0.17% 958 $314K No change
MA Mastercard Inc. Class A 0.16% 515 $294K No change
HD Home Depot Inc. 0.14% 784 $270K No change
NEE Nextera Energy Inc. 0.14% 3,196 $257K Reduce -73.6%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.14% 3,822 $256K No change
HOOD Robinhood Markets Inc. Class A 0.14% 2,235 $253K New
FAS Dirx DLY Finacial B3X ETF-Ui 0.13% 1,400 $236K Add +7.7%
LIN Linde PLC 0.12% 531 $226K Add +17.2%
LDOS Leidos Holdings Inc. 0.12% 1,250 $226K No change
TMUS T-Mobile US Inc. 0.12% 1,108 $225K Reduce -73.5%
TT Trane Technologies PLC 0.12% 553 $215K No change
EXPE Expedia Group Inc. 0.11% 753 $213K No change
MRK Merck & Co. Inc. 0.11% 1,910 $203K No change
SYK Stryker Corp. 0.10% 543 $191K No change
PGR Progressive Corp. 0.10% 795 $181K Add +34.3%
ACM Aecom 0.08% 1,649 $157K No change
CMCSA Comcast Corp. Class A 0.08% 5,000 $149K Add +2531.6%
TNA Dir Dai SML Ca Bul 3X Et-Usd 0.07% 2,900 $132K No change
MS Morgan Stanley 0.07% 714 $127K No change
MCK McKesson Corp. 0.06% 128 $105K No change
BRK.B Berkshire Hathaway Inc. Class B 0.06% 205 $103K No change
CMI Cummins Inc. 0.05% 200 $102K Reduce -26.7%
JNJ Johnson & Johnson 0.04% 346 $72K No change
DUK Duke Energy Corp. 0.04% 587 $69K No change
KMI Kinder Morgan Inc. 0.04% 2,495 $69K No change
NFLX Netflix Inc. 0.03% 620 $58K No change
DLTR Dollar Tree Inc. 0.03% 449 $55K No change
GILD Gilead Sciences Inc. 0.03% 444 $54K No change
GSK GSK PLC-Spon ADR 0.03% 1,053 $52K No change
DE Deere & Co. 0.03% 111 $52K Add +593.8%
XOM Exxon Mobil Corp. 0.03% 423 $51K No change

Show all 157 holdings

Portfolio Sells Q3 2025 → Q4 2025
PAYS Paysign Inc. Reduce -45.9% 1.37% −1.89
DHR Danaher Corp. Sold out 0.00% −0.92
AAPL Apple Inc. Reduce -26.7% 1.89% −0.66
ALB Albemarle Corp. Sold out 0.00% −0.45
TMUS T-Mobile US Inc. Reduce -73.5% 0.12% −0.44
NEE Nextera Energy Inc. Reduce -73.6% 0.14% −0.38
JPM JPMorgan Chase & Co. Reduce -1.6% 5.64% −0.28
GLW Corning Inc. Reduce -31.5% 0.56% −0.25
ANET Arista Networks Inc. Reduce -28.8% 0.37% −0.24
MDLZ Mondelez International Inc. Class A Reduce -98.1% 0.00% −0.23
SAP Sap SE-Sponsored ADR Sold out 0.00% −0.23
KLAC KLA Corp. Reduce -39.9% 0.40% −0.22
DKNG Draftkings Inc. Class A Sold out 0.00% −0.21
AMD Advanced Micro Devices Sold out 0.00% −0.13
TIDAL TRUST II Sold out 0.00% −0.11
PG The Procter & Gamble Co. Reduce -4.1% 0.30% −0.05
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.03
SYY Sysco Corp. Reduce -86.8% 0.00% −0.02
PLTR Palantir Technologies Inc. Class A Reduce -47.5% 0.02% −0.02
FISV Fiserv Inc. Sold out 0.00% −0.02
ZTS Zoetis Inc. Sold out 0.00% −0.01
YANG Dir DLY FT Chi Be 3X ETF-Usd Sold out 0.00% −0.01
AVGO Broadcom Inc. Reduce -0.9% 0.95% −0.01
APP AppLovin Corp. Class A Reduce -29.9% 0.02% −0.01
CMI Cummins Inc. Reduce -26.7% 0.05% −0.01
BHP BHP Group Ltd.-Spon ADR Sold out 0.00% −0.01
BALL Ball Corp. Sold out 0.00% −0.01
SNPS Synopsys Inc. Reduce -17.5% 0.01% −0.00
SQQQ Proshares TR Sold out 0.00% −0.00
GLD SPDR Gold Shares Reduce -0.7% 0.30% +0.01
UPS United Parcel Service Class B Reduce -0.3% 0.51% +0.06

Portfolio Buys Q3 2025 → Q4 2025
CRM Salesforce Inc. Add +431.9% 3.86% +3.17
ACHR Archer Aviation Inc. Class A New 2.47% +2.47
GOOGL Alphabet Inc. Class A Add +0.2% 8.69% +1.59
ORCL Oracle Corp. Add +93.5% 5.85% +1.25
REGN Regeneron Pharmaceuticals New 0.38% +0.38
DASH DoorDash Inc. Class A New 0.28% +0.28
APTV Aptiv PLC Add +1427.6% 0.25% +0.23
WRB WR Berkley Corp. New 0.23% +0.23
HOOD Robinhood Markets Inc. Class A New 0.14% +0.14
CMCSA Comcast Corp. Class A Add +2531.6% 0.08% +0.08
TQQQ Proshares Ultrapro QQQ Add +58.7% 0.21% +0.07
VRTX Vertex Pharmaceuticals Inc. Add +4.8% 0.33% +0.04
DELL Dell Technologies -C New 0.02% +0.02
DE Deere & Co. Add +593.8% 0.03% +0.02
CCEP Coca-Cola Europacific Partne New 0.02% +0.02
NUGT Dirxn DLY GM Indx B2X ETF-Ui New 0.02% +0.02
EBAY eBay Inc. New 0.02% +0.02
EPAM Epam Systems Inc. New 0.02% +0.02
NVDA Nvidia Corp. Add +5.8% 4.80% +0.01
PGR Progressive Corp. Add +34.3% 0.10% +0.01
UVXY Proshares Ultra Vix St Futur New 0.01% +0.01
ACN Accenture PLC Class A New 0.01% +0.01
SOXL Direx Dail Semi Bu 3X Et-Usd Add +33.3% 0.02% +0.01
VIXY Proshares Vix Short-Term Fut New 0.00% +0.00
DIREXION SHS ETF TR New 0.00% +0.00
PNC PNC Financial Services Group Add +1.6% 0.44% +0.00
LIN Linde PLC Add +17.2% 0.12% −0.00
TEL Te Connectivity PLC Add +1.1% 0.41% −0.00
FAS Dirx DLY Finacial B3X ETF-Ui Add +7.7% 0.13% −0.00
CDNS Cadence Design SYS Inc. Add +1.0% 0.48% −0.08
MSFT Microsoft Corp. Add +6.0% 5.12% −0.34

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 149$255.8MPSBD, GOOGL, APO, MSFT, SCHW
Q1 2026 146$215.7MPSBD, IGV, GOOGL, MSFT, SCHW
Q4 2025 157$186.9MPSBD, GOOGL, ORCL, AMZN, JPM
Q3 2025 156$177.3MPSBD, GOOGL, JPM, AMZN, MSFT
Q2 2025 168$270.8MPSBD, AMZN, GOOGL, MSFT, JPM
Q1 2025Amended 167$234.0MPSBD, AMZN, GOOGL, XLI, MSFT
Q4 2024 75$232.2MPSBD, AMZN, GOOGL, MSFT, JPM