Absolute Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Absolute Capital Management, LLC reported 121 stock positions worth $180.8 million. Its top holding was Vaneck Semiconductor ETF (SMH) at 5.6% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.2%) and SS SPDR S&P 1500 Value Tilt (VLU, 3.5%). Compared with Q3 2024, it opened 25 new positions, sold out of 11, added to 59 and reduced 31. The biggest buy was a new position in iShares Core Dividend ETF (DIVB) and the biggest sale an exit from iShares Core Dividend Growth (DGRO).
- Most Recent 13F
- Q2 2026
- Location
- Pittsburgh, PA
- CIK
- 0001817648
- Portfolio Value
- $180.8M (Q4 2024)
- SEC Filing
- 0001172661-25-000641 ↗ filed Feb 11, 2025
Holdings Value
Holdings 121 stocks · $180.8M
| SMH Vaneck Semiconductor ETF | 5.58% | 41,626 | $10.1M | Add +5.0% |
| QQQ Invesco QQQ Trust Series 1 | 5.21% | 18,430 | $9.4M | Add +5.7% |
| VLU SS SPDR S&P 1500 Value Tilt | 3.48% | 34,200 | $6.3M | Add +8.6% |
| XLK SS Technology Select Sector | 3.45% | 26,805 | $6.2M | Add +19.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.28% | 10,122 | $5.9M | Reduce -0.8% |
| SOXX iShares Semiconductor ETF | 3.20% | 26,850 | $5.8M | Add +14.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 3.01% | 8 | $5.4M | Add +60.0% |
| DIVB iShares Core Dividend ETF | 2.94% | 112,000 | $5.3M | New |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 2.92% | 12,400 | $5.3M | No change |
| VOX Vanguard Communication Servi | 2.77% | 32,325 | $5.0M | Add +16.0% |
| VTI VG Morningstar TS MKT ETF-US | 2.39% | 14,925 | $4.3M | Add +7.3% |
| GGUS Goldman SS MB RL 1000 GE ETF | 2.29% | 76,000 | $4.1M | Add +13.4% |
| IVV iShares Core S&P 500 ETF | 1.95% | 5,977 | $3.5M | Reduce -8.8% |
| USMV iShares MSCI USA Min Vol Fac | 1.94% | 39,503 | $3.5M | Add +17.4% |
| VGT Vanguard Info Tech ETF | 1.79% | 5,190 | $3.2M | Reduce -4.3% |
| RWL Invesco S&P 500 Revenue ETF | 1.67% | 30,800 | $3.0M | Reduce -35.4% |
| IWM iShares Russell 2000 ETF | 1.62% | 13,245 | $2.9M | Add +0.4% |
| QUAL iShares MSCI USA Quality Fac | 1.61% | 16,331 | $2.9M | Reduce -20.4% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.45% | 58,023 | $2.6M | Reduce -10.2% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.36% | 47,766 | $2.5M | Add +0.6% |
| VIS Vanguard Industrials ETF | 1.34% | 9,519 | $2.4M | Reduce -44.5% |
| GS Goldman Sachs Group Inc. | 1.33% | 4,206 | $2.4M | No change |
| MSFT Microsoft Corp. | 1.23% | 5,246 | $2.2M | Add +41.2% |
| IJR iShares Core S&P Small-Cap E | 1.22% | 19,164 | $2.2M | Add +0.2% |
| VCLT Vanguard Long-Term Corp. Bond | 1.16% | 28,029 | $2.1M | Add +1.3% |
| VDC Vanguard Consumer Staple ETF | 1.09% | 9,342 | $2.0M | Reduce -0.3% |
| CGGR Cap Group Growth Equity | 1.06% | 51,484 | $1.9M | New |
| NFLX Netflix Inc. | 1.05% | 2,136 | $1.9M | Add +0.7% |
| IVW iShares S&P 500 Growth ETF | 1.04% | 18,424 | $1.9M | Add +6.5% |
| VOO Vanguard S&P 500 ETF | 0.93% | 2,835 | $1.7M | New |
| ILCV iShares Morningstar Value Et | 0.92% | 20,500 | $1.7M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.91% | 3,985 | $1.6M | Add +15.0% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.91% | 70,829 | $1.6M | Reduce -33.3% |
| VEA Vanguard Ftse Developed ETF | 0.90% | 34,192 | $1.6M | Add +18.5% |
| NVDA Nvidia Corp. | 0.90% | 12,032 | $1.6M | Add +122.8% |
| IWB iShares Russell 1000 ETF | 0.86% | 4,802 | $1.5M | Add +650.3% |
| COST Costco Wholesale Corp. | 0.85% | 1,669 | $1.5M | Add +5.5% |
| BNDX Vanguard Total Intl Bond ETF | 0.83% | 30,421 | $1.5M | Add +28.5% |
| BX Blackstone Inc. | 0.77% | 8,050 | $1.4M | Add +8.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.75% | 16,514 | $1.4M | New |
| XLV SS Health Care Select Sector | 0.72% | 9,485 | $1.3M | Reduce -3.9% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.72% | 25,300 | $1.3M | Add +1.1% |
| JAAA Janus Henderson Aaa Clo ETF | 0.71% | 25,448 | $1.3M | New |
| FDMO Fidelity Momentum Factor ETF | 0.71% | 18,400 | $1.3M | New |
| V Visa Inc. Class A | 0.70% | 3,984 | $1.3M | Reduce -0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.69% | 7,409 | $1.3M | Add +14.7% |
| IYW iShares Ustechnology ETF | 0.67% | 7,608 | $1.2M | Reduce -5.6% |
| ITA iShares U.S. Aerospace & Def | 0.67% | 8,333 | $1.2M | Add +16.2% |
| BSJQ Invesco Bulletshares 2026 HY | 0.65% | 50,212 | $1.2M | Add +21.1% |
| EFG iShares MSCI Eafe Growth ETF | 0.59% | 10,934 | $1.1M | Add +19.2% |
| DFUV Dimensional US Marketwide Va | 0.58% | 25,665 | $1.1M | Reduce -6.5% |
| EFV iShares MSCI Eafe Value ETF | 0.58% | 19,945 | $1.0M | Add +10.2% |
| BND Vanguard Total Bond Market | 0.58% | 14,475 | $1.0M | Add +65.5% |
| VXUS Vanguard Total Intl Stock | 0.56% | 17,195 | $1.0M | Add +31.2% |
| BSV Vanguard Short-Term Bond ETF | 0.55% | 12,798 | $989K | Add +17.1% |
| UWM Proshares Ultra RUSSELL2000 | 0.53% | 22,738 | $954K | New |
| VTWG Vanguard Russell 2000 Growth | 0.49% | 4,200 | $883K | Reduce -32.3% |
| XLF SS Financial Select Sector | 0.46% | 17,162 | $829K | No change |
| VHT Vanguard Health Care ETF | 0.45% | 3,177 | $806K | Reduce -47.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.44% | 14,260 | $804K | New |
| IVE iShares S&P 500 Value ETF | 0.43% | 4,114 | $785K | Reduce -15.9% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.43% | 22,192 | $771K | New |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.41% | 8,305 | $736K | New |
| JPM JPMorgan Chase & Co. | 0.40% | 3,052 | $732K | Reduce -0.1% |
| MBB iShares MBS ETF | 0.39% | 7,592 | $697K | Add +3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 1,468 | $665K | Add +0.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.36% | 15,227 | $649K | Add +83.0% |
| VWO Vanguard Ftse Emerging Marke | 0.35% | 14,422 | $636K | Add +16.2% |
| BNDC NT Core Bond ETF | 0.34% | 28,441 | $621K | Reduce -1.1% |
| IJH iShares Core S&P Midcap ETF | 0.33% | 9,546 | $595K | Add +123.3% |
| UNH Unitedhealth Group Inc. | 0.33% | 1,170 | $592K | Reduce -59.3% |
| AAPL Apple Inc. | 0.32% | 2,300 | $580K | Reduce -4.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.30% | 5,997 | $548K | Reduce -65.9% |
| XLSR SS US Sector Rotation | 0.30% | 10,158 | $545K | Add +4.0% |
| FMAT Fidelity MSCI Materials Indx | 0.30% | 11,156 | $538K | Reduce -4.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.29% | 9,544 | $530K | Add +5.5% |
| VMBS Vanguard Mortgage-Backed Sec | 0.29% | 11,495 | $521K | Add +15.2% |
| BIV Vanguard Intermediate-Term B | 0.29% | 6,897 | $516K | Add +15.9% |
| DLN Wisdomtree US Largecap Divid | 0.28% | 6,537 | $509K | Add +18.2% |
| HYDB iShares High Yield Systemati | 0.28% | 10,702 | $503K | Add +84.1% |
| FDVV Fidelity High Dividend ETF | 0.28% | 10,000 | $499K | No change |
| XLI SS Industrial Select Sector | 0.27% | 3,761 | $496K | Reduce -6.0% |
| BLV Vanguard Long-Term Bond ETF | 0.25% | 6,466 | $444K | Add +20.1% |
| MO Altria Group Inc. | 0.24% | 8,200 | $429K | New |
| IWY iShares Russell Top 200 Grow | 0.23% | 1,766 | $419K | New |
| SPEM State Street SP PTF Em ETF | 0.23% | 10,721 | $412K | Reduce -4.0% |
| BAX Baxter International Inc. | 0.22% | 13,900 | $405K | New |
| GOOGL Alphabet Inc. Class A | 0.22% | 2,096 | $401K | Add +14.0% |
| MTUM iShares MSCI USA Momentum Fa | 0.22% | 1,924 | $400K | New |
| BINC iShares Flex I A ETF-Usd Inc. | 0.21% | 7,294 | $379K | Add +2.2% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.21% | 3,815 | $376K | Reduce -3.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.21% | 1,549 | $372K | Add +15.2% |
| ICVT iShares Convertible Bond ETF | 0.20% | 4,299 | $365K | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.20% | 5,191 | $358K | Add +4.2% |
| META Meta Platforms Inc. Class A | 0.20% | 605 | $358K | Add +23.2% |
| QDF NT Qual Div ETF | 0.19% | 4,941 | $349K | Add +22.9% |
| IEMG iShares Core MSCI Emerging | 0.19% | 6,595 | $345K | Reduce -0.6% |
| TLT iShares 20+ Year Treasury BD | 0.19% | 3,854 | $338K | Add +0.2% |
| HYGV NT HY Val-SCRD BD ETF | 0.18% | 8,217 | $334K | Add +18.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.18% | 9,529 | $325K | Add +7.0% |
Portfolio Sells Q3 2024 → Q4 2024
| DGRO iShares Core Dividend Growth | Sold out | 0.00% | −3.13 |
| VIS Vanguard Industrials ETF | Reduce -44.5% | 1.34% | −1.31 |
| CGDV Cap Group Dividend Value | Sold out | 0.00% | −1.12 |
| RWL Invesco S&P 500 Revenue ETF | Reduce -35.4% | 1.67% | −1.11 |
| SPAB SS SPDR P Agg Bond ETF | Sold out | 0.00% | −0.79 |
| UNH Unitedhealth Group Inc. | Reduce -59.3% | 0.33% | −0.67 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -65.9% | 0.30% | −0.66 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.64 |
| QUAL iShares MSCI USA Quality Fac | Reduce -20.4% | 1.61% | −0.57 |
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -33.3% | 0.91% | −0.57 |
| VHT Vanguard Health Care ETF | Reduce -47.0% | 0.45% | −0.56 |
| AMZN Amazon.com Inc. | Reduce -75.0% | 0.18% | −0.47 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.36 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -10.2% | 1.45% | −0.36 |
| IVV iShares Core S&P 500 ETF | Reduce -8.8% | 1.95% | −0.30 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | −0.28 |
| VTWG Vanguard Russell 2000 Growth | Reduce -32.3% | 0.49% | −0.28 |
| AGG iShares Core U.S. Aggregate | Reduce -64.4% | 0.12% | −0.25 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.8% | 3.28% | −0.19 |
| XLV SS Health Care Select Sector | Reduce -3.9% | 0.72% | −0.18 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.18 |
| IWX iShares Russell Top 200 Valu | Sold out | 0.00% | −0.18 |
| SJNK SS SPDR BB St Hi Yield ETF | Sold out | 0.00% | −0.17 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.15 |
| IVE iShares S&P 500 Value ETF | Reduce -15.9% | 0.43% | −0.14 |
| GLD SPDR Gold Shares | Reduce -46.4% | 0.13% | −0.13 |
| VDC Vanguard Consumer Staple ETF | Reduce -0.3% | 1.09% | −0.12 |
| HDV iShares Core High Dividend E | Sold out | 0.00% | −0.12 |
| VGT Vanguard Info Tech ETF | Reduce -4.3% | 1.79% | −0.10 |
| DFUV Dimensional US Marketwide Va | Reduce -6.5% | 0.58% | −0.10 |
| FMAT Fidelity MSCI Materials Indx | Reduce -4.3% | 0.30% | −0.08 |
| FISR SS Fi Sector Rotation | Reduce -22.3% | 0.13% | −0.06 |
| IYW iShares Ustechnology ETF | Reduce -5.6% | 0.67% | −0.05 |
| XLI SS Industrial Select Sector | Reduce -6.0% | 0.27% | −0.05 |
| SPEM State Street SP PTF Em ETF | Reduce -4.0% | 0.23% | −0.05 |
| BNDC NT Core Bond ETF | Reduce -1.1% | 0.34% | −0.05 |
| IEMG iShares Core MSCI Emerging | Reduce -0.6% | 0.19% | −0.04 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -3.1% | 0.21% | −0.03 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -11.3% | 0.14% | −0.02 |
| AAPL Apple Inc. | Reduce -4.5% | 0.32% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.1% | 0.40% | +0.02 |
| V Visa Inc. Class A | Reduce -0.5% | 0.70% | +0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| DIVB iShares Core Dividend ETF | New | 2.94% | +2.94 |
| CGGR Cap Group Growth Equity | New | 1.06% | +1.06 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +60.0% | 3.01% | +0.96 |
| VOO Vanguard S&P 500 ETF | New | 0.93% | +0.93 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.75% | +0.75 |
| IWB iShares Russell 1000 ETF | Add +650.3% | 0.86% | +0.74 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.71% | +0.71 |
| FDMO Fidelity Momentum Factor ETF | New | 0.71% | +0.71 |
| UWM Proshares Ultra RUSSELL2000 | New | 0.53% | +0.53 |
| NVDA Nvidia Corp. | Add +122.8% | 0.90% | +0.51 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.44% | +0.44 |
| XLK SS Technology Select Sector | Add +19.1% | 3.45% | +0.43 |
| HEFA Isha Curr Hedged MSCI Eafe | New | 0.43% | +0.43 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.41% | +0.41 |
| VOX Vanguard Communication Servi | Add +16.0% | 2.77% | +0.36 |
| MSFT Microsoft Corp. | Add +41.2% | 1.23% | +0.28 |
| GGUS Goldman SS MB RL 1000 GE ETF | Add +13.4% | 2.29% | +0.25 |
| MO Altria Group Inc. | New | 0.24% | +0.24 |
| IWY iShares Russell Top 200 Grow | New | 0.23% | +0.23 |
| BAX Baxter International Inc. | New | 0.22% | +0.22 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.22% | +0.22 |
| ICVT iShares Convertible Bond ETF | New | 0.20% | +0.20 |
| BND Vanguard Total Bond Market | Add +65.5% | 0.58% | +0.19 |
| XMMO Invesco S&P Midcap Momentum | New | 0.18% | +0.18 |
| QQH HCM Defender 100 Index ETF | New | 0.17% | +0.17 |
| IJH iShares Core S&P Midcap ETF | Add +123.3% | 0.33% | +0.17 |
| LGH HCM Defender 500 Index ETF | New | 0.16% | +0.16 |
| NFLX Netflix Inc. | Add +0.7% | 1.05% | +0.16 |
| QQQ Invesco QQQ Trust Series 1 | Add +5.7% | 5.21% | +0.16 |
| CWB SS SPDR BB Conv Sec ETF | New | 0.15% | +0.15 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +83.0% | 0.36% | +0.14 |
| FLDR Fidelity Low Durat Fact ETF | New | 0.14% | +0.14 |
| LKOR NT Crdscr US Lcorp ETF | New | 0.13% | +0.13 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +15.0% | 0.91% | +0.12 |
| BNDX Vanguard Total Intl Bond ETF | Add +28.5% | 0.83% | +0.12 |
| IQDF NT Intl Qual Div ETF | New | 0.12% | +0.12 |
| USMV iShares MSCI USA Min Vol Fac | Add +17.4% | 1.94% | +0.11 |
| VONG Vanguard Russell 1000 Growth | New | 0.11% | +0.11 |
| HYDB iShares High Yield Systemati | Add +84.1% | 0.28% | +0.11 |
| TOTL SS Doubleline TR Tact ETF | New | 0.11% | +0.11 |
| IWF iShares Russell 1000 Growth | New | 0.11% | +0.11 |
| BX Blackstone Inc. | Add +8.6% | 0.77% | +0.09 |
| BSJQ Invesco Bulletshares 2026 HY | Add +21.1% | 0.65% | +0.07 |
| VXUS Vanguard Total Intl Stock | Add +31.2% | 0.56% | +0.06 |
| IVW iShares S&P 500 Growth ETF | Add +6.5% | 1.04% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +7.3% | 2.39% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +14.0% | 0.22% | +0.04 |
| BSV Vanguard Short-Term Bond ETF | Add +17.1% | 0.55% | +0.04 |
| SCHR Schwab Intermediate-Term US | Add +40.8% | 0.16% | +0.03 |
| ITA iShares U.S. Aerospace & Def | Add +16.2% | 0.67% | +0.03 |
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 |