Absolute Capital Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Absolute Capital Management, LLC reported 107 stock positions worth $168.3 million. Its top holding was Vaneck Semiconductor ETF (SMH) at 5.8% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.1%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.5%). Compared with Q2 2024, it opened 16 new positions, sold out of 14, added to 42 and reduced 45. The biggest buy was a new position in iShares Core Dividend Growth (DGRO) and the biggest sale an exit from Invesco S&P 500 Equal Weight (RSP).
- Most Recent 13F
- Q2 2026
- Location
- Pittsburgh, PA
- CIK
- 0001817648
- Portfolio Value
- $168.3M (Q3 2024)
- SEC Filing
- 0001172661-24-004525 ↗ filed Nov 8, 2024
Holdings Value
Holdings 107 stocks · $168.3M
| SMH Vaneck Semiconductor ETF | 5.78% | 39,625 | $9.7M | Add +0.3% |
| QQQ Invesco QQQ Trust Series 1 | 5.05% | 17,430 | $8.5M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.48% | 10,198 | $5.9M | Add +4.2% |
| VLU SS SPDR S&P 1500 Value Tilt | 3.45% | 31,500 | $5.8M | Add +28.6% |
| SOXX iShares Semiconductor ETF | 3.23% | 23,550 | $5.4M | No change |
| DGRO iShares Core Dividend Growth | 3.13% | 84,140 | $5.3M | New |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 3.12% | 12,400 | $5.2M | Add +8.8% |
| XLK SS Technology Select Sector | 3.02% | 22,505 | $5.1M | Reduce -8.0% |
| RWL Invesco S&P 500 Revenue ETF | 2.78% | 47,670 | $4.7M | Reduce -2.7% |
| VIS Vanguard Industrials ETF | 2.65% | 17,147 | $4.5M | Reduce -29.4% |
| VOX Vanguard Communication Servi | 2.41% | 27,877 | $4.1M | Add +7.8% |
| VTI VG Morningstar TS MKT ETF-US | 2.34% | 13,915 | $3.9M | Reduce -36.8% |
| IVV iShares Core S&P 500 ETF | 2.25% | 6,554 | $3.8M | Reduce -12.8% |
| QUAL iShares MSCI USA Quality Fac | 2.18% | 20,503 | $3.7M | Reduce -18.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 2.05% | 5 | $3.5M | No change |
| GGUS Goldman SS MB RL 1000 GE ETF | 2.05% | 67,000 | $3.4M | New |
| VGT Vanguard Info Tech ETF | 1.89% | 5,421 | $3.2M | Reduce -6.0% |
| USMV iShares MSCI USA Min Vol Fac | 1.83% | 33,654 | $3.1M | Reduce -2.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.81% | 64,609 | $3.0M | Add +31.8% |
| IWM iShares Russell 2000 ETF | 1.73% | 13,187 | $2.9M | Add +49.2% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.52% | 47,479 | $2.6M | Reduce -0.8% |
| IBHF iShares Ibond 2026 HY & Inc. | 1.48% | 106,174 | $2.5M | Reduce -2.2% |
| VCLT Vanguard Long-Term Corp. Bond | 1.34% | 27,679 | $2.2M | Reduce -0.8% |
| IJR iShares Core S&P Small-Cap E | 1.33% | 19,128 | $2.2M | Add +0.1% |
| GS Goldman Sachs Group Inc. | 1.24% | 4,206 | $2.1M | Add +75.2% |
| VDC Vanguard Consumer Staple ETF | 1.22% | 9,371 | $2.0M | New |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.12% | 51,802 | $1.9M | Reduce -3.0% |
| VHT Vanguard Health Care ETF | 1.01% | 5,998 | $1.7M | Add +13.8% |
| ILCV iShares Morningstar Value Et | 1.00% | 20,500 | $1.7M | New |
| UNH Unitedhealth Group Inc. | 1.00% | 2,871 | $1.7M | Add +0.3% |
| IVW iShares S&P 500 Growth ETF | 0.98% | 17,295 | $1.7M | Reduce -8.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.96% | 17,597 | $1.6M | Reduce -19.2% |
| MSFT Microsoft Corp. | 0.95% | 3,715 | $1.6M | Add +31.7% |
| VEA Vanguard Ftse Developed ETF | 0.91% | 28,856 | $1.5M | Add +11.9% |
| XLV SS Health Care Select Sector | 0.90% | 9,872 | $1.5M | Reduce -3.3% |
| NFLX Netflix Inc. | 0.89% | 2,121 | $1.5M | Add +47.3% |
| COST Costco Wholesale Corp. | 0.83% | 1,582 | $1.4M | Add +44.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.79% | 3,464 | $1.3M | Add +11.6% |
| SPAB SS SPDR P Agg Bond ETF | 0.79% | 50,555 | $1.3M | Reduce -0.7% |
| VTWG Vanguard Russell 2000 Growth | 0.76% | 6,200 | $1.3M | New |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.74% | 25,022 | $1.2M | Reduce -2.0% |
| IYW iShares Ustechnology ETF | 0.73% | 8,059 | $1.2M | Reduce -8.3% |
| BNDX Vanguard Total Intl Bond ETF | 0.71% | 23,668 | $1.2M | Add +28.2% |
| DFUV Dimensional US Marketwide Va | 0.68% | 27,438 | $1.1M | Reduce -5.6% |
| BX Blackstone Inc. | 0.67% | 7,415 | $1.1M | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.67% | 6,460 | $1.1M | Add +12.0% |
| V Visa Inc. Class A | 0.65% | 4,005 | $1.1M | Add +34.3% |
| AMZN Amazon.com Inc. | 0.65% | 5,848 | $1.1M | Add +233.8% |
| EFA iShares MSCI Eafe ETF | 0.64% | 12,863 | $1.1M | Add +2.3% |
| ITA iShares U.S. Aerospace & Def | 0.64% | 7,170 | $1.1M | Reduce -5.5% |
| EFV iShares MSCI Eafe Value ETF | 0.62% | 18,107 | $1.0M | Add +141.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.59% | 9,173 | $988K | Reduce -10.4% |
| BSJQ Invesco Bulletshares 2026 HY | 0.58% | 41,455 | $972K | Reduce -4.7% |
| IVE iShares S&P 500 Value ETF | 0.57% | 4,894 | $965K | Add +0.2% |
| BSV Vanguard Short-Term Bond ETF | 0.51% | 10,932 | $860K | Add +39.4% |
| VXUS Vanguard Total Intl Stock | 0.50% | 13,106 | $849K | Add +4.5% |
| XLF SS Financial Select Sector | 0.46% | 17,162 | $778K | No change |
| MBB iShares MBS ETF | 0.42% | 7,373 | $706K | Add +19.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 1,464 | $674K | Add +0.8% |
| BND Vanguard Total Bond Market | 0.39% | 8,746 | $657K | Reduce -4.9% |
| NVDA Nvidia Corp. | 0.39% | 5,400 | $656K | Reduce -9.2% |
| BNDC NT Core Bond ETF | 0.39% | 28,755 | $655K | Reduce -2.4% |
| JPM JPMorgan Chase & Co. | 0.38% | 3,054 | $644K | New |
| FMAT Fidelity MSCI Materials Indx | 0.38% | 11,651 | $632K | Reduce -4.3% |
| AGG iShares Core U.S. Aggregate | 0.37% | 6,086 | $616K | New |
| EVR Evercore Inc. Class A | 0.36% | 2,420 | $613K | New |
| VWO Vanguard Ftse Emerging Marke | 0.35% | 12,409 | $594K | Add +11.8% |
| AAPL Apple Inc. | 0.33% | 2,408 | $561K | Reduce -2.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.33% | 9,046 | $553K | Add +32.8% |
| XLI SS Industrial Select Sector | 0.32% | 4,001 | $542K | Reduce -3.8% |
| FDVV Fidelity High Dividend ETF | 0.30% | 10,000 | $507K | No change |
| XLSR SS US Sector Rotation | 0.30% | 9,769 | $506K | Add +28.9% |
| SPIB SS SPDR P Int C Corp. ETF | 0.28% | 14,024 | $473K | Add +1.7% |
| VMBS Vanguard Mortgage-Backed Sec | 0.28% | 9,977 | $471K | Add +51.0% |
| BIV Vanguard Intermediate-Term B | 0.28% | 5,949 | $466K | Add +10.0% |
| SPEM State Street SP PTF Em ETF | 0.27% | 11,166 | $461K | Add +37.9% |
| GLD SPDR Gold Shares | 0.26% | 1,795 | $436K | Add +14.8% |
| DLN Wisdomtree US Largecap Divid | 0.26% | 5,532 | $435K | Reduce -4.4% |
| BLV Vanguard Long-Term Bond ETF | 0.24% | 5,384 | $405K | Add +33.6% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.24% | 3,936 | $404K | Reduce -4.1% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.23% | 7,137 | $382K | Add +69.7% |
| IEMG iShares Core MSCI Emerging | 0.23% | 6,635 | $381K | Reduce -34.0% |
| TLT iShares 20+ Year Treasury BD | 0.22% | 3,845 | $377K | Add +2.7% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.21% | 8,322 | $361K | Reduce -10.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.20% | 4,981 | $336K | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.20% | 8,909 | $335K | Reduce -26.6% |
| FISR SS Fi Sector Rotation | 0.19% | 12,069 | $321K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 1,345 | $320K | Add +17.4% |
| GEHC GE Healthcare Technology | 0.18% | 3,300 | $310K | New |
| GOOGL Alphabet Inc. Class A | 0.18% | 1,838 | $305K | Reduce -74.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.18% | 5,747 | $304K | New |
| IWX iShares Russell Top 200 Valu | 0.18% | 3,640 | $296K | New |
| HYGV NT HY Val-SCRD BD ETF | 0.17% | 6,951 | $290K | Reduce -2.3% |
| QDF NT Qual Div ETF | 0.17% | 4,019 | $288K | Reduce -4.0% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.17% | 11,022 | $284K | Add +2.3% |
| META Meta Platforms Inc. Class A | 0.17% | 491 | $281K | Reduce -22.8% |
| HYDB iShares High Yield Systemati | 0.17% | 5,814 | $279K | Reduce -7.9% |
| IJH iShares Core S&P Midcap ETF | 0.16% | 4,276 | $267K | Reduce -58.5% |
| SPMO Invesco S&P 500 Momentum ETF | 0.16% | 2,940 | $266K | Add +26.6% |
| FDLO Fidelity Low Volat Fact ETF | 0.15% | 4,205 | $258K | Reduce -94.4% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.15% | 5,474 | $255K | Reduce -4.1% |
| LLY Eli Lilly & Co. | 0.15% | 276 | $245K | Reduce -1.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.14% | 3,057 | $239K | Reduce -0.4% |
| SCHR Schwab Intermediate-Term US | 0.13% | 4,282 | $217K | Reduce -34.6% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.12% | 8,734 | $210K | Add +1.9% |
| HDV iShares Core High Dividend E | 0.12% | 1,764 | $208K | New |
| IWB iShares Russell 1000 ETF | 0.12% | 640 | $201K | New |
Portfolio Sells Q2 2024 → Q3 2024
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −3.56 |
| FDLO Fidelity Low Volat Fact ETF | Reduce -94.4% | 0.15% | −2.44 |
| SPXN Proshares S&P 500 Ex-Financi | Sold out | 0.00% | −1.39 |
| EEMV iShares MSCI Emg MKT Min Vol | Sold out | 0.00% | −1.27 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -36.8% | 2.34% | −1.22 |
| VFMF Vanguard US Multifactor ETF | Sold out | 0.00% | −0.82 |
| VIS Vanguard Industrials ETF | Reduce -29.4% | 2.65% | −0.81 |
| IHAK iShares Cybersecurity & Tech | Sold out | 0.00% | −0.76 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.63 |
| GOOGL Alphabet Inc. Class A | Reduce -74.6% | 0.18% | −0.62 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.57 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.49 |
| QUAL iShares MSCI USA Quality Fac | Reduce -18.8% | 2.18% | −0.43 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.42 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.41 |
| XLK SS Technology Select Sector | Reduce -8.0% | 3.02% | −0.33 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -19.2% | 0.96% | −0.25 |
| IVV iShares Core S&P 500 ETF | Reduce -12.8% | 2.25% | −0.24 |
| IJH iShares Core S&P Midcap ETF | Reduce -58.5% | 0.16% | −0.21 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.18 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −0.13 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.13 |
| HEFA Isha Curr Hedged MSCI Eafe | Sold out | 0.00% | −0.13 |
| VGT Vanguard Info Tech ETF | Reduce -6.0% | 1.89% | −0.12 |
| IEMG iShares Core MSCI Emerging | Reduce -34.0% | 0.23% | −0.10 |
| IVW iShares S&P 500 Growth ETF | Reduce -8.7% | 0.98% | −0.08 |
| IYW iShares Ustechnology ETF | Reduce -8.3% | 0.73% | −0.07 |
| SCHR Schwab Intermediate-Term US | Reduce -34.6% | 0.13% | −0.06 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -26.6% | 0.20% | −0.06 |
| NVDA Nvidia Corp. | Reduce -9.2% | 0.39% | −0.06 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -10.4% | 0.59% | −0.05 |
| BSJQ Invesco Bulletshares 2026 HY | Reduce -4.7% | 0.58% | −0.03 |
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -2.2% | 1.48% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -22.8% | 0.17% | −0.03 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -10.2% | 0.21% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.3% | 5.05% | −0.02 |
| DFUV Dimensional US Marketwide Va | Reduce -5.6% | 0.68% | −0.01 |
| HYDB iShares High Yield Systemati | Reduce -7.9% | 0.17% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -4.9% | 0.39% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -1.8% | 0.15% | −0.01 |
| HYGV NT HY Val-SCRD BD ETF | Reduce -2.3% | 0.17% | −0.00 |
| BNDC NT Core Bond ETF | Reduce -2.4% | 0.39% | −0.00 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -4.1% | 0.24% | −0.00 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -4.1% | 0.15% | +0.00 |
| XLV SS Health Care Select Sector | Reduce -3.3% | 0.90% | +0.00 |
| QDF NT Qual Div ETF | Reduce -4.0% | 0.17% | +0.00 |
| DLN Wisdomtree US Largecap Divid | Reduce -4.4% | 0.26% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.4% | 0.14% | +0.01 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -2.0% | 0.74% | +0.01 |
| FMAT Fidelity MSCI Materials Indx | Reduce -4.3% | 0.38% | +0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| DGRO iShares Core Dividend Growth | New | 3.13% | +3.13 |
| GGUS Goldman SS MB RL 1000 GE ETF | New | 2.05% | +2.05 |
| VDC Vanguard Consumer Staple ETF | New | 1.22% | +1.22 |
| ILCV iShares Morningstar Value Et | New | 1.00% | +1.00 |
| VLU SS SPDR S&P 1500 Value Tilt | Add +28.6% | 3.45% | +0.90 |
| VTWG Vanguard Russell 2000 Growth | New | 0.76% | +0.76 |
| BX Blackstone Inc. | New | 0.67% | +0.67 |
| IWM iShares Russell 2000 ETF | Add +49.2% | 1.73% | +0.64 |
| GS Goldman Sachs Group Inc. | Add +75.2% | 1.24% | +0.58 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +31.8% | 1.81% | +0.47 |
| AMZN Amazon.com Inc. | Add +233.8% | 0.65% | +0.44 |
| DIA SS SPDR Dow Jones Indus Avg | Add +8.8% | 3.12% | +0.42 |
| JPM JPMorgan Chase & Co. | New | 0.38% | +0.38 |
| EFV iShares MSCI Eafe Value ETF | Add +141.9% | 0.62% | +0.38 |
| AGG iShares Core U.S. Aggregate | New | 0.37% | +0.37 |
| EVR Evercore Inc. Class A | New | 0.36% | +0.36 |
| NFLX Netflix Inc. | Add +47.3% | 0.89% | +0.31 |
| COST Costco Wholesale Corp. | Add +44.3% | 0.83% | +0.27 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.2% | 3.48% | +0.25 |
| VOX Vanguard Communication Servi | Add +7.8% | 2.41% | +0.24 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.20% | +0.20 |
| FISR SS Fi Sector Rotation | New | 0.19% | +0.19 |
| MSFT Microsoft Corp. | Add +31.7% | 0.95% | +0.19 |
| GEHC GE Healthcare Technology | New | 0.18% | +0.18 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.18% | +0.18 |
| V Visa Inc. Class A | Add +34.3% | 0.65% | +0.18 |
| IWX iShares Russell Top 200 Valu | New | 0.18% | +0.18 |
| BNDX Vanguard Total Intl Bond ETF | Add +28.2% | 0.71% | +0.16 |
| VHT Vanguard Health Care ETF | Add +13.8% | 1.01% | +0.16 |
| BSV Vanguard Short-Term Bond ETF | Add +39.4% | 0.51% | +0.15 |
| VEA Vanguard Ftse Developed ETF | Add +11.9% | 0.91% | +0.13 |
| HDV iShares Core High Dividend E | New | 0.12% | +0.12 |
| IWB iShares Russell 1000 ETF | New | 0.12% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +0.3% | 1.00% | +0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +12.0% | 0.67% | +0.11 |
| VMBS Vanguard Mortgage-Backed Sec | Add +51.0% | 0.28% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +0.1% | 1.33% | +0.10 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +69.7% | 0.23% | +0.09 |
| SPEM State Street SP PTF Em ETF | Add +37.9% | 0.27% | +0.09 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +11.6% | 0.79% | +0.09 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +32.8% | 0.33% | +0.08 |
| MBB iShares MBS ETF | Add +19.9% | 0.42% | +0.08 |
| BLV Vanguard Long-Term Bond ETF | Add +33.6% | 0.24% | +0.07 |
| XLSR SS US Sector Rotation | Add +28.9% | 0.30% | +0.07 |
| VWO Vanguard Ftse Emerging Marke | Add +11.8% | 0.35% | +0.06 |
| GLD SPDR Gold Shares | Add +14.8% | 0.26% | +0.06 |
| VXUS Vanguard Total Intl Stock | Add +4.5% | 0.50% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.8% | 0.40% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +2.3% | 0.64% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +17.4% | 0.19% | +0.04 |
Notes & Other Activity Q2 2024 → Q3 2024
| IBDP iShares Ibonds Dec 2024 Term | IBONDS DEC24 ETF · principal | Sold out | 9,500 | $239Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 162 | $400.8M | IVV, SOXX, QQQ, DIVB, VLU |
| Q1 2026 | 146 | $301.0M | QQQ, VLU, DIVB, SOXX, IVV |
| Q4 2025 | 133 | $274.5M | SMH, QQQ, DIVB, SPY, VLU |
| Q3 2025 | 120 | $233.4M | SMH, QQQ, DIVB, VLU, SPY |
| Q2 2025 | 123 | $199.0M | SMH, QQQ, XLK, VLU, BRK.A |
| Q1 2025 | 118 | $173.0M | SMH, QQQ, VLU, BRK.A, DIVB |
| Q4 2024 | 121 | $180.8M | SMH, QQQ, VLU, XLK, SPY |
| Q3 2024 | 107 | $168.3M | SMH, QQQ, SPY, VLU, SOXX |
| Q2 2024 | 105 | $165.1M | SMH, QQQ, VTI, RSP, SOXX |
| Q1 2024 | 104 | $156.7M | QQQ, SMH, RWL, SPHD, VTI |