Absolute Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Absolute Capital Management, LLC reported 118 stock positions worth $173.0 million. Its top holding was Vaneck Semiconductor ETF (SMH) at 5.1% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.0%) and SS SPDR S&P 1500 Value Tilt (VLU, 3.7%). Compared with Q4 2024, it opened 10 new positions, sold out of 13, added to 48 and reduced 50. The biggest buy was a new position in iShares Morningstar Growth E (ILCG) and the biggest sale an exit from Goldman SS MB RL 1000 GE ETF (GGUS).
- Most Recent 13F
- Q2 2026
- Location
- Pittsburgh, PA
- CIK
- 0001817648
- Portfolio Value
- $173.0M (Q1 2025)
- SEC Filing
- 0001172661-25-001827 ↗ filed May 14, 2025
Holdings Value
Holdings 118 stocks · $173.0M
| SMH Vaneck Semiconductor ETF | 5.09% | 41,625 | $8.8M | Reduce 0.0% |
| QQQ Invesco QQQ Trust Series 1 | 5.00% | 18,430 | $8.6M | No change |
| VLU SS SPDR S&P 1500 Value Tilt | 3.74% | 35,200 | $6.5M | Add +2.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 3.69% | 8 | $6.4M | No change |
| DIVB iShares Core Dividend ETF | 3.39% | 121,000 | $5.9M | Add +8.0% |
| XLK SS Technology Select Sector | 3.20% | 26,805 | $5.5M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.16% | 9,780 | $5.5M | Reduce -3.4% |
| SOXX iShares Semiconductor ETF | 2.92% | 26,850 | $5.1M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 2.77% | 11,400 | $4.8M | Reduce -8.1% |
| VOX Vanguard Communication Servi | 2.76% | 32,163 | $4.8M | Reduce -0.5% |
| ILCG iShares Morningstar Growth E | 2.29% | 49,000 | $4.0M | New |
| IVV iShares Core S&P 500 ETF | 2.14% | 6,601 | $3.7M | Add +10.4% |
| VTI VG Morningstar TS MKT ETF-US | 2.09% | 13,128 | $3.6M | Reduce -12.0% |
| USMV iShares MSCI USA Min Vol Fac | 2.01% | 37,073 | $3.5M | Reduce -6.2% |
| QUAL iShares MSCI USA Quality Fac | 1.69% | 17,073 | $2.9M | Add +4.5% |
| RWL Invesco S&P 500 Revenue ETF | 1.61% | 28,072 | $2.8M | Reduce -8.9% |
| VGT Vanguard Info Tech ETF | 1.53% | 4,891 | $2.7M | Reduce -5.8% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.51% | 56,702 | $2.6M | Reduce -2.3% |
| VDC Vanguard Consumer Staple ETF | 1.49% | 11,752 | $2.6M | Add +25.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.44% | 4,667 | $2.5M | Add +217.9% |
| GS Goldman Sachs Group Inc. | 1.36% | 4,301 | $2.3M | Add +2.3% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.29% | 42,404 | $2.2M | Reduce -11.2% |
| COST Costco Wholesale Corp. | 1.19% | 2,177 | $2.1M | Add +30.4% |
| V Visa Inc. Class A | 1.18% | 5,811 | $2.0M | Add +45.9% |
| IJR iShares Core S&P Small-Cap E | 1.16% | 19,249 | $2.0M | Add +0.4% |
| NFLX Netflix Inc. | 1.15% | 2,136 | $2.0M | No change |
| MSFT Microsoft Corp. | 1.13% | 5,199 | $2.0M | Reduce -0.9% |
| VCLT Vanguard Long-Term Corp. Bond | 1.10% | 24,965 | $1.9M | Reduce -10.9% |
| VEA Vanguard Ftse Developed ETF | 1.09% | 37,094 | $1.9M | Add +8.5% |
| IWM iShares Russell 2000 ETF | 1.07% | 9,258 | $1.8M | Reduce -30.1% |
| IVW iShares S&P 500 Growth ETF | 0.98% | 18,319 | $1.7M | Reduce -0.6% |
| ITA iShares U.S. Aerospace & Def | 0.98% | 11,048 | $1.7M | Add +32.6% |
| ILCV iShares Morningstar Value Et | 0.97% | 20,500 | $1.7M | No change |
| CGGR Cap Group Growth Equity | 0.95% | 47,884 | $1.6M | Reduce -7.0% |
| VOO Vanguard S&P 500 ETF | 0.93% | 3,123 | $1.6M | Add +10.2% |
| BNDX Vanguard Total Intl Bond ETF | 0.90% | 31,764 | $1.6M | Add +4.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.88% | 4,126 | $1.5M | Add +3.5% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.87% | 41,299 | $1.5M | Add +86.1% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.86% | 64,134 | $1.5M | Reduce -9.4% |
| DIVI Franklin International Core | 0.85% | 45,000 | $1.5M | New |
| IWB iShares Russell 1000 ETF | 0.79% | 4,458 | $1.4M | Reduce -7.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.75% | 7,555 | $1.3M | Add +2.0% |
| XLV SS Health Care Select Sector | 0.75% | 8,874 | $1.3M | Reduce -6.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.71% | 25,223 | $1.2M | Reduce -0.3% |
| FDMO Fidelity Momentum Factor ETF | 0.69% | 18,400 | $1.2M | No change |
| JAAA Janus Henderson Aaa Clo ETF | 0.67% | 22,704 | $1.2M | Reduce -10.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.65% | 13,655 | $1.1M | Reduce -17.3% |
| BX Blackstone Inc. | 0.65% | 8,047 | $1.1M | Reduce -0.0% |
| IVE iShares S&P 500 Value ETF | 0.63% | 5,761 | $1.1M | Add +40.0% |
| VXUS Vanguard Total Intl Stock | 0.63% | 17,503 | $1.1M | Add +1.8% |
| BND Vanguard Total Bond Market | 0.62% | 14,643 | $1.1M | Add +1.2% |
| BSV Vanguard Short-Term Bond ETF | 0.61% | 13,563 | $1.1M | Add +6.0% |
| BSJQ Invesco Bulletshares 2026 HY | 0.59% | 43,744 | $1.0M | Reduce -12.9% |
| IYW iShares Ustechnology ETF | 0.57% | 7,056 | $991K | Reduce -7.3% |
| DFUV Dimensional US Marketwide Va | 0.53% | 22,399 | $923K | Reduce -12.7% |
| EFV iShares MSCI Eafe Value ETF | 0.52% | 15,406 | $908K | Reduce -22.8% |
| XLF SS Financial Select Sector | 0.50% | 17,210 | $857K | Add +0.3% |
| VWO Vanguard Ftse Emerging Marke | 0.44% | 16,756 | $758K | Add +16.2% |
| JPM JPMorgan Chase & Co. | 0.43% | 3,057 | $750K | Add +0.2% |
| XHS SS SPDR S&P HC Services ETF | 0.43% | 7,600 | $746K | New |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.38% | 15,498 | $659K | Add +1.8% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.37% | 12,486 | $647K | Reduce -12.4% |
| VHT Vanguard Health Care ETF | 0.35% | 2,310 | $612K | Reduce -27.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.35% | 16,778 | $611K | Add +76.1% |
| BIV Vanguard Intermediate-Term B | 0.33% | 7,534 | $577K | Add +9.2% |
| MBB iShares MBS ETF | 0.33% | 6,125 | $574K | Reduce -19.3% |
| VMBS Vanguard Mortgage-Backed Sec | 0.33% | 12,351 | $572K | Add +7.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.33% | 5,666 | $567K | Reduce -48.2% |
| TLH iShares 10-20 Year Treasury | 0.32% | 5,381 | $558K | New |
| IEMG iShares Core MSCI Emerging | 0.32% | 10,285 | $555K | Add +56.0% |
| BNDC NT Core Bond ETF | 0.32% | 24,597 | $546K | Reduce -13.5% |
| XLSR SS US Sector Rotation | 0.31% | 10,560 | $536K | Add +4.0% |
| IJH iShares Core S&P Midcap ETF | 0.31% | 9,112 | $532K | Reduce -4.5% |
| AAPL Apple Inc. | 0.30% | 2,368 | $526K | Add +3.0% |
| UWM Proshares Ultra RUSSELL2000 | 0.29% | 14,795 | $496K | Reduce -34.9% |
| BLV Vanguard Long-Term Bond ETF | 0.29% | 7,027 | $495K | Add +8.7% |
| NVDA Nvidia Corp. | 0.29% | 4,554 | $494K | Reduce -62.1% |
| MO Altria Group Inc. | 0.28% | 8,200 | $492K | No change |
| FMAT Fidelity MSCI Materials Indx | 0.28% | 9,872 | $477K | Reduce -11.5% |
| BAX Baxter International Inc. | 0.28% | 13,900 | $476K | No change |
| DLN Wisdomtree US Largecap Divid | 0.27% | 5,859 | $465K | Reduce -10.4% |
| SPEM State Street SP PTF Em ETF | 0.27% | 11,790 | $464K | Add +10.0% |
| HYDB iShares High Yield Systemati | 0.27% | 9,804 | $462K | Reduce -8.4% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.26% | 8,056 | $444K | Reduce -15.6% |
| XLI SS Industrial Select Sector | 0.25% | 3,289 | $431K | Reduce -12.6% |
| PWR Quanta Services Inc. | 0.25% | 1,674 | $425K | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.23% | 4,321 | $396K | Reduce -27.9% |
| MTUM iShares MSCI USA Momentum Fa | 0.23% | 1,946 | $394K | Add +1.1% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 0.22% | 15,765 | $384K | Add +54.4% |
| OEF iShares S&P 100 ETF | 0.22% | 1,406 | $381K | New |
| BINC iShares Flex I A ETF-Usd Inc. | 0.22% | 7,219 | $378K | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 0.21% | 631 | $364K | Add +4.3% |
| FISR SS Fi Sector Rotation | 0.21% | 13,935 | $361K | Add +48.7% |
| IAU iShares Gold Trust | 0.20% | 5,905 | $348K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.20% | 1,559 | $346K | Add +0.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.20% | 5,197 | $342K | Add +0.1% |
| QDF NT Qual Div ETF | 0.20% | 4,953 | $339K | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.19% | 2,142 | $331K | Add +2.2% |
| ICVT iShares Convertible Bond ETF | 0.18% | 3,698 | $309K | Reduce -14.0% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.18% | 3,343 | $306K | Reduce -12.4% |
Portfolio Sells Q4 2024 → Q1 2025
| GGUS Goldman SS MB RL 1000 GE ETF | Sold out | 0.00% | −2.29 |
| VIS Vanguard Industrials ETF | Sold out | 0.00% | −1.34 |
| NVDA Nvidia Corp. | Reduce -62.1% | 0.29% | −0.62 |
| IWM iShares Russell 2000 ETF | Reduce -30.1% | 1.07% | −0.55 |
| VTWG Vanguard Russell 2000 Growth | Sold out | 0.00% | −0.49 |
| SMH Vaneck Semiconductor ETF | Reduce 0.0% | 5.09% | −0.49 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.41 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.33 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -12.0% | 2.09% | −0.31 |
| FDVV Fidelity High Dividend ETF | Sold out | 0.00% | −0.28 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -48.2% | 0.33% | −0.26 |
| VGT Vanguard Info Tech ETF | Reduce -5.8% | 1.53% | −0.25 |
| UWM Proshares Ultra RUSSELL2000 | Reduce -34.9% | 0.29% | −0.24 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.23 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.19 |
| XMMO Invesco S&P Midcap Momentum | Sold out | 0.00% | −0.18 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -8.1% | 2.77% | −0.15 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.13 |
| LKOR NT Crdscr US Lcorp ETF | Sold out | 0.00% | −0.13 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.4% | 3.16% | −0.12 |
| BX Blackstone Inc. | Reduce -0.0% | 0.65% | −0.12 |
| VONG Vanguard Russell 1000 Growth | Sold out | 0.00% | −0.11 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.11 |
| CGGR Cap Group Growth Equity | Reduce -7.0% | 0.95% | −0.11 |
| IYW iShares Ustechnology ETF | Reduce -7.3% | 0.57% | −0.10 |
| MSFT Microsoft Corp. | Reduce -0.9% | 1.13% | −0.10 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -17.3% | 0.65% | −0.10 |
| VHT Vanguard Health Care ETF | Reduce -27.3% | 0.35% | −0.09 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -27.9% | 0.23% | −0.07 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -11.2% | 1.29% | −0.07 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -12.4% | 0.37% | −0.07 |
| IWB iShares Russell 1000 ETF | Reduce -7.2% | 0.79% | −0.07 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -10.9% | 1.10% | −0.06 |
| BSJQ Invesco Bulletshares 2026 HY | Reduce -12.9% | 0.59% | −0.06 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.6% | 0.98% | −0.06 |
| RWL Invesco S&P 500 Revenue ETF | Reduce -8.9% | 1.61% | −0.06 |
| EFV iShares MSCI Eafe Value ETF | Reduce -22.8% | 0.52% | −0.05 |
| MBB iShares MBS ETF | Reduce -19.3% | 0.33% | −0.05 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -10.8% | 0.67% | −0.05 |
| DFUV Dimensional US Marketwide Va | Reduce -12.7% | 0.53% | −0.05 |
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -9.4% | 0.86% | −0.05 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -15.6% | 0.26% | −0.04 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -12.4% | 0.18% | −0.03 |
| BNDC NT Core Bond ETF | Reduce -13.5% | 0.32% | −0.03 |
| QQH HCM Defender 100 Index ETF | Reduce -5.6% | 0.15% | −0.03 |
| XLI SS Industrial Select Sector | Reduce -12.6% | 0.25% | −0.02 |
| ICVT iShares Convertible Bond ETF | Reduce -14.0% | 0.18% | −0.02 |
| FMAT Fidelity MSCI Materials Indx | Reduce -11.5% | 0.28% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -4.5% | 0.31% | −0.02 |
| SCHR Schwab Intermediate-Term US | Reduce -17.2% | 0.14% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| ILCG iShares Morningstar Growth E | New | 2.29% | +2.29 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +217.9% | 1.44% | +1.07 |
| DIVI Franklin International Core | New | 0.85% | +0.85 |
| V Visa Inc. Class A | Add +45.9% | 1.18% | +0.48 |
| DIVB iShares Core Dividend ETF | Add +8.0% | 3.39% | +0.46 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +86.1% | 0.87% | +0.44 |
| XHS SS SPDR S&P HC Services ETF | New | 0.43% | +0.43 |
| VDC Vanguard Consumer Staple ETF | Add +25.8% | 1.49% | +0.39 |
| COST Costco Wholesale Corp. | Add +30.4% | 1.19% | +0.34 |
| TLH iShares 10-20 Year Treasury | New | 0.32% | +0.32 |
| ITA iShares U.S. Aerospace & Def | Add +32.6% | 0.98% | +0.31 |
| VLU SS SPDR S&P 1500 Value Tilt | Add +2.9% | 3.74% | +0.26 |
| PWR Quanta Services Inc. | New | 0.25% | +0.25 |
| OEF iShares S&P 100 ETF | New | 0.22% | +0.22 |
| IAU iShares Gold Trust | New | 0.20% | +0.20 |
| IVE iShares S&P 500 Value ETF | Add +40.0% | 0.63% | +0.20 |
| IVV iShares Core S&P 500 ETF | Add +10.4% | 2.14% | +0.19 |
| VEA Vanguard Ftse Developed ETF | Add +8.5% | 1.09% | +0.19 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +76.1% | 0.35% | +0.17 |
| SPLB SS SPDR P Long Term C ETF | New | 0.17% | +0.17 |
| IEMG iShares Core MSCI Emerging | Add +56.0% | 0.32% | +0.13 |
| BBUS JPMorgan Betabuilders US Equ | New | 0.13% | +0.13 |
| IBDW iShares Ibonds Dec 2031 Corp. | New | 0.12% | +0.12 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Add +54.4% | 0.22% | +0.09 |
| VWO Vanguard Ftse Emerging Marke | Add +16.2% | 0.44% | +0.09 |
| FISR SS Fi Sector Rotation | Add +48.7% | 0.21% | +0.08 |
| QUAL iShares MSCI USA Quality Fac | Add +4.5% | 1.69% | +0.08 |
| BNDX Vanguard Total Intl Bond ETF | Add +4.4% | 0.90% | +0.07 |
| VXUS Vanguard Total Intl Stock | Add +1.8% | 0.63% | +0.07 |
| BSV Vanguard Short-Term Bond ETF | Add +6.0% | 0.61% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.0% | 0.75% | +0.06 |
| BIV Vanguard Intermediate-Term B | Add +9.2% | 0.33% | +0.05 |
| BND Vanguard Total Bond Market | Add +1.2% | 0.62% | +0.05 |
| VMBS Vanguard Mortgage-Backed Sec | Add +7.5% | 0.33% | +0.04 |
| BLV Vanguard Long-Term Bond ETF | Add +8.7% | 0.29% | +0.04 |
| SPEM State Street SP PTF Em ETF | Add +10.0% | 0.27% | +0.04 |
| XLF SS Financial Select Sector | Add +0.3% | 0.50% | +0.04 |
| IQDF NT Intl Qual Div ETF | Add +17.0% | 0.15% | +0.04 |
| GLD SPDR Gold Shares | Add +1.4% | 0.16% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 0.43% | +0.03 |
| SPMO Invesco S&P 500 Momentum ETF | Add +18.9% | 0.17% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +2.3% | 1.36% | +0.03 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +1.8% | 0.38% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +7.5% | 0.13% | +0.02 |
| META Meta Platforms Inc. Class A | Add +4.3% | 0.21% | +0.01 |
| FLDR Fidelity Low Durat Fact ETF | Add +3.0% | 0.15% | +0.01 |
| XLSR SS US Sector Rotation | Add +4.0% | 0.31% | +0.01 |
| FDLO Fidelity Low Volat Fact ETF | Add +0.1% | 0.16% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | Add +1.1% | 0.23% | +0.01 |
| QDF NT Qual Div ETF | Add +0.2% | 0.20% | +0.00 |
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 |