Absolute Capital Management, LLC

Name: ABSOLUTE CAPITAL MANAGEMENT, LLC 13F holdings, Q3 2025
Creator: ABSOLUTE CAPITAL MANAGEMENT, LLC
Published: 2025-11-03

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Absolute Capital Management, LLC reported 120 stock positions worth $233.4 million. Its top holding was Vaneck Semiconductor ETF (SMH) at 6.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.5%) and iShares Core Dividend ETF (DIVB, 3.9%). Compared with Q2 2025, it opened 20 new positions, sold out of 23, added to 64 and reduced 29. The biggest buy was a new position in Vanguard S&P 500 Growth ETF (VOOG) and the biggest sale an exit from Fidelity Momentum Factor ETF (FDMO).

Most Recent 13F: Q2 2026
Location: Pittsburgh, PA
CIK: 0001817648
Portfolio Value: $233.4M (Q3 2025)
SEC Filing: 0001172661-25-004547 ↗ filed Nov 3, 2025

Holdings Value

Holdings 120 stocks · $233.4M


SMH Vaneck Semiconductor ETF	6.55%	46,832	$15.3M	Add +9.9%
QQQ Invesco QQQ Trust Series 1	5.51%	21,433	$12.9M	Add +13.2%
DIVB iShares Core Dividend ETF	3.93%	175,513	$9.2M	Add +45.0%
VLU SS SPDR S&P 1500 Value Tilt	3.53%	40,400	$8.2M	Add +14.8%
SPY SS SPDR S&P 500 ETF Trust-US	3.39%	11,856	$7.9M	Add +17.4%
BRK.A Berkshire Hathaway Inc. Class A	2.91%	9	$6.8M	No change
SOXX iShares Semiconductor ETF	2.74%	23,550	$6.4M	No change
XLK SS Technology Select Sector	2.69%	22,282	$6.3M	Reduce -16.8%
VOOG Vanguard S&P 500 Growth ETF	2.43%	13,010	$5.7M	New
VOX Vanguard Communication Servi	2.36%	29,293	$5.5M	Reduce -0.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	2.27%	11,400	$5.3M	No change
RWL Invesco S&P 500 Revenue ETF	2.08%	43,784	$4.8M	Add +9.0%
JAAA Janus Henderson Aaa Clo ETF	1.67%	76,628	$3.9M	Add +47.7%
VTWO Vanguard Russell 2000 ETF	1.65%	39,455	$3.9M	New
GS Goldman Sachs Group Inc.	1.48%	4,325	$3.4M	Add +0.9%
VOO Vanguard S&P 500 ETF	1.41%	5,363	$3.3M	Add +28.9%
QUAL iShares MSCI USA Quality Fac	1.37%	16,487	$3.2M	Reduce -6.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd	1.36%	10,800	$3.2M	New
VEU Vanguard Ftse All-World Ex-U	1.31%	42,900	$3.1M	New
IVV iShares Core S&P 500 ETF	1.30%	4,527	$3.0M	Add +22.8%
VGT Vanguard Info Tech ETF	1.29%	4,043	$3.0M	Reduce -17.0%
IWM iShares Russell 2000 ETF	1.21%	11,689	$2.8M	Add +25.9%
VEA Vanguard Ftse Developed ETF	1.18%	46,073	$2.8M	Add +21.7%
VUG Vanguard Mrngstar GR ETF-Sui	1.17%	5,679	$2.7M	Add +24.7%
NFLX Netflix Inc.	1.10%	2,143	$2.6M	Reduce -0.3%
VTV Vanguard Mrngstr Val ETF-Aui	1.09%	13,623	$2.6M	Add +56.0%
VDC Vanguard Consumer Staple ETF	1.07%	11,736	$2.5M	Add +0.1%
USMV iShares MSCI USA Min Vol Fac	1.07%	26,324	$2.5M	Reduce -26.9%
ITA iShares U.S. Aerospace & Def	1.04%	11,587	$2.4M	Add +54.1%
DYNF Ishrs US E F R A ETF-Usd Inc.	1.02%	40,075	$2.4M	Add +46.4%
BRK.B Berkshire Hathaway Inc. Class B	1.00%	4,620	$2.3M	Reduce -1.4%
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.99%	49,252	$2.3M	Reduce -10.1%
IJR iShares Core S&P Small-Cap E	0.98%	19,195	$2.3M	Reduce -0.2%
XLF SS Financial Select Sector	0.95%	41,133	$2.2M	Add +85.8%
IVW iShares S&P 500 Growth ETF	0.94%	18,209	$2.2M	Add +4.8%
VTI VG Morningstar TS MKT ETF-US	0.94%	6,662	$2.2M	Reduce -51.3%
MSFT Microsoft Corp.	0.92%	4,160	$2.2M	Add +3.4%
IEMG iShares Core MSCI Emerging	0.87%	30,760	$2.0M	Add +57.8%
COST Costco Wholesale Corp.	0.87%	2,188	$2.0M	Reduce -0.6%
V Visa Inc. Class A	0.85%	5,842	$2.0M	Add +0.7%
HEFA Isha Curr Hedged MSCI Eafe	0.82%	48,218	$1.9M	Add +40.0%
BNDX Vanguard Total Intl Bond ETF	0.80%	37,804	$1.9M	Add +16.0%
ILCV iShares Morningstar Value Et	0.79%	20,500	$1.8M	No change
IVE iShares S&P 500 Value ETF	0.79%	8,926	$1.8M	Add +24.3%
IGIB iShares 5-10Y Inv Grade Corp.	0.76%	32,882	$1.8M	Reduce -20.3%
EFV iShares MSCI Eafe Value ETF	0.73%	25,251	$1.7M	Reduce -3.4%
OEF iShares S&P 100 ETF	0.73%	5,093	$1.7M	Add +128.1%
CGGR Cap Group Growth Equity	0.72%	38,263	$1.7M	Reduce -19.7%
DIVI Franklin International Core	0.72%	45,000	$1.7M	No change
ILCG iShares Morningstar Growth E	0.69%	15,504	$1.6M	Reduce -56.3%
VCLT Vanguard Long-Term Corp. Bond	0.69%	20,709	$1.6M	Reduce -14.5%
IWB iShares Russell 1000 ETF	0.69%	4,389	$1.6M	Reduce -1.8%
PWR Quanta Services Inc.	0.66%	3,700	$1.5M	Add +146.7%
KRE SS SPDR S&P Regional Bank	0.63%	23,405	$1.5M	New
VXUS Vanguard Total Intl Stock	0.63%	20,149	$1.5M	Add +6.3%
BND Vanguard Total Bond Market	0.63%	19,761	$1.5M	Add +45.0%
BSV Vanguard Short-Term Bond ETF	0.56%	16,455	$1.3M	Add +2.7%
BSJS Invesco Bulletshares 2028 HY	0.55%	58,124	$1.3M	New
BX Blackstone Inc.	0.54%	7,407	$1.3M	No change
XBI SS SPDR S&P Biotech ETF	0.53%	12,300	$1.2M	New
VGSH Vanguard Short-Term Treasury	0.53%	20,909	$1.2M	New
VWO Vanguard Ftse Emerging Marke	0.48%	20,858	$1.1M	Add +20.1%
FDVV Fidelity High Dividend ETF	0.46%	19,104	$1.1M	New
JPM JPMorgan Chase & Co.	0.41%	3,063	$966K	Reduce -0.1%
ECL Ecolab Inc.	0.41%	3,471	$951K	Add +5.2%
TLH iShares 10-20 Year Treasury	0.41%	9,214	$949K	Add +27.6%
NVDA Nvidia Corp.	0.41%	5,078	$947K	Add +6.1%
ITW Illinois Tool Works	0.41%	3,626	$946K	Add +0.5%
IJH iShares Core S&P Midcap ETF	0.41%	14,490	$946K	Add +55.9%
BAI Ishrs AI in and Tech Act ETF	0.40%	27,657	$945K	Add +181.2%
XLSR SS US Sector Rotation	0.40%	15,560	$928K	Add +38.0%
BIV Vanguard Intermediate-Term B	0.39%	11,605	$906K	Add +1.0%
THRO iShares U.S. Thematic Rotati	0.38%	23,712	$898K	Add +24.2%
IBHF iShares Ibond 2026 HY & Inc.	0.34%	33,870	$792K	Reduce -44.5%
AAPL Apple Inc.	0.32%	2,953	$752K	Add +15.3%
BLV Vanguard Long-Term Bond ETF	0.28%	9,280	$657K	Add +1.9%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F	0.28%	11,257	$648K	Reduce -6.0%
MBB iShares MBS ETF	0.28%	6,787	$646K	Add +6.9%
SPDW Ste STR SPDR PT DW Eu ETF	0.27%	14,875	$636K	Add +90.8%
SPEM State Street SP PTF Em ETF	0.27%	13,578	$636K	Add +52.5%
MTUM iShares MSCI USA Momentum Fa	0.27%	2,475	$635K	Reduce -2.7%
VMBS Vanguard Mortgage-Backed Sec	0.26%	13,167	$618K	Add +1.8%
IAGG iShares Intl Aggregate Bond	0.26%	11,669	$598K	Add +10.6%
GOOGL Alphabet Inc. Class A	0.24%	2,292	$557K	Add +10.8%
VB Vanguard Most SM-Cap ETF-Usd	0.24%	2,181	$556K	Add +26.6%
BNDC NT Core Bond ETF	0.24%	24,484	$551K	Add +2.8%
SHY iShares 1-3 Year Treasury Bo	0.23%	6,558	$544K	Reduce -51.4%
IAU iShares Gold Trust	0.22%	7,131	$519K	Add +67.2%
META Meta Platforms Inc. Class A	0.21%	674	$495K	Add +4.2%
USHY iShares Broad Usd High Yield	0.21%	13,100	$495K	New
BINC iShares Flex I A ETF-Usd Inc.	0.21%	9,135	$486K	Add +17.5%
XLI SS Industrial Select Sector	0.19%	2,830	$436K	Reduce -7.2%
AMZN Amazon.com Inc.	0.19%	1,986	$436K	Add +13.9%
ICVT iShares Convertible Bond ETF	0.18%	4,235	$424K	Add +41.3%
SPSM SS SPDR P S&P 600 Small Cap	0.18%	9,139	$423K	New
SPYM Ste STR SPDR PT S&P 500 ETF	0.18%	5,278	$414K	Reduce -0.2%
GLDM SPDR Gold Minishares Trust	0.16%	4,844	$370K	Reduce -63.1%
AVGO Broadcom Inc.	0.16%	1,100	$363K	Add +7.4%
QDF NT Qual Div ETF	0.16%	4,559	$362K	Add +3.5%
SCHI Schwab 5-10 Year Corporate B	0.15%	15,676	$362K	New
TDTT NT Iboxx 3Y Dur Tips ETF	0.15%	14,024	$341K	Reduce -6.8%
QQH HCM Defender 100 Index ETF	0.14%	4,174	$319K	Add +3.7%
BBUS JPMorgan Betabuilders US Equ	0.13%	2,607	$315K	Add +28.6%
LGH HCM Defender 500 Index ETF	0.13%	5,104	$308K	Add +4.2%
AGG iShares Core U.S. Aggregate	0.13%	3,023	$303K	Reduce -1.5%
IQDF NT Intl Qual Div ETF	0.12%	9,825	$280K	No change
CWB SS SPDR BB Conv Sec ETF	0.12%	3,064	$277K	Add +4.5%
IEFA iShares Core MSCI Eafe ETF	0.11%	3,052	$267K	Reduce -2.6%
HYGV NT HY Val-SCRD BD ETF	0.11%	6,256	$258K	Add +0.1%
IWF iShares Russell 1000 Growth	0.11%	534	$250K	Add +0.9%
MA Mastercard Inc. Class A	0.11%	438	$249K	Add +4.8%
CERY SS SPDR BBG En RY CM St N-Ui	0.10%	8,297	$238K	New
FTEC Fidelity MSCI Info Tech Indx	0.10%	1,018	$226K	New
ABBV Abbvie Inc.	0.10%	977	$226K	New
APUE Activepassive US Equity ETF	0.09%	5,366	$219K	New
HYDB iShares High Yield Systemati	0.09%	4,497	$215K	Reduce -44.3%
TSLA Tesla Inc.	0.09%	479	$213K	New
SPMD SS SPDR P S&P 400 Midcap ETF	0.09%	3,667	$210K	New
IBDW iShares Ibonds Dec 2031 Corp.	0.09%	9,861	$209K	New
APH Amphenol Corp. Class A	0.09%	1,644	$204K	New

Portfolio Sells Q2 2025 → Q3 2025


FDMO Fidelity Momentum Factor ETF	Sold out	0.00%	−1.68
VTI VG Morningstar TS MKT ETF-US	Reduce -51.3%	0.94%	−1.15
ILCG iShares Morningstar Growth E	Reduce -56.3%	0.69%	−1.04
EZU iShares MSCI Eurozone ETF	Sold out	0.00%	−0.99
XLK SS Technology Select Sector	Reduce -16.8%	2.69%	−0.72
USMV iShares MSCI USA Min Vol Fac	Reduce -26.9%	1.07%	−0.63
XLV SS Health Care Select Sector	Sold out	0.00%	−0.58
BSJQ Invesco Bulletshares 2026 HY	Sold out	0.00%	−0.47
DFUV Dimensional US Marketwide Va	Sold out	0.00%	−0.44
XHS SS SPDR S&P HC Services ETF	Sold out	0.00%	−0.38
IBHF iShares Ibond 2026 HY & Inc.	Reduce -44.5%	0.34%	−0.37
NFLX Netflix Inc.	Reduce -0.3%	1.10%	−0.35
IGIB iShares 5-10Y Inv Grade Corp.	Reduce -20.3%	0.76%	−0.34
EFG iShares MSCI Eafe Growth ETF	Sold out	0.00%	−0.34
VGT Vanguard Info Tech ETF	Reduce -17.0%	1.29%	−0.33
SHY iShares 1-3 Year Treasury Bo	Reduce -51.4%	0.23%	−0.33
UWM Proshares Ultra RUSSELL2000	Sold out	0.00%	−0.30
SHYG iShares 0-5 YR HY Corp. Bond	Sold out	0.00%	−0.29
IUSB Ishr CR Unvrse Usd BD ETF-Ui	Reduce -10.1%	0.99%	−0.29
VHT Vanguard Health Care ETF	Sold out	0.00%	−0.27
GLDM SPDR Gold Minishares Trust	Reduce -63.1%	0.16%	−0.27
CGGR Cap Group Growth Equity	Reduce -19.7%	0.72%	−0.25
QUAL iShares MSCI USA Quality Fac	Reduce -6.9%	1.37%	−0.25
UNH Unitedhealth Group Inc.	Sold out	0.00%	−0.25
IYW iShares Ustechnology ETF	Sold out	0.00%	−0.25
MO Altria Group Inc.	Sold out	0.00%	−0.24
VCLT Vanguard Long-Term Corp. Bond	Reduce -14.5%	0.69%	−0.23
FMAT Fidelity MSCI Materials Indx	Sold out	0.00%	−0.23
COST Costco Wholesale Corp.	Reduce -0.6%	0.87%	−0.23
FISR SS Fi Sector Rotation	Sold out	0.00%	−0.22
SPMO Invesco S&P 500 Momentum ETF	Sold out	0.00%	−0.22
DLN Wisdomtree US Largecap Divid	Sold out	0.00%	−0.21
XMHQ Invesco S&P Midcap Qual ETF	Sold out	0.00%	−0.17
VOX Vanguard Communication Servi	Reduce -0.0%	2.36%	−0.16
BRK.B Berkshire Hathaway Inc. Class B	Reduce -1.4%	1.00%	−0.15
SPLB SS SPDR P Long Term C ETF	Sold out	0.00%	−0.14
FNGS Microsectors Fang+ Etns	Sold out	0.00%	−0.13
FLDR Fidelity Low Durat Fact ETF	Sold out	0.00%	−0.12
FDLO Fidelity Low Volat Fact ETF	Sold out	0.00%	−0.11
SPYG SS SPDR P S&P 500 Growth ETF	Sold out	0.00%	−0.11
HYDB iShares High Yield Systemati	Reduce -44.3%	0.09%	−0.10
EFV iShares MSCI Eafe Value ETF	Reduce -3.4%	0.73%	−0.10
IJR iShares Core S&P Small-Cap E	Reduce -0.2%	0.98%	−0.08
IWB iShares Russell 1000 ETF	Reduce -1.8%	0.69%	−0.08
JEPQ JPM Nasdaq Equity Premium	Reduce -6.0%	0.28%	−0.05
XLI SS Industrial Select Sector	Reduce -7.2%	0.19%	−0.04
TDTT NT Iboxx 3Y Dur Tips ETF	Reduce -6.8%	0.15%	−0.04
MTUM iShares MSCI USA Momentum Fa	Reduce -2.7%	0.27%	−0.04
JPM JPMorgan Chase & Co.	Reduce -0.1%	0.41%	−0.03
AGG iShares Core U.S. Aggregate	Reduce -1.5%	0.13%	−0.02

Portfolio Buys Q2 2025 → Q3 2025


VOOG Vanguard S&P 500 Growth ETF	New	2.43%	+2.43
VTWO Vanguard Russell 2000 ETF	New	1.65%	+1.65
VOT Vngrd Mrngstr MC GRW ETF-Usd	New	1.36%	+1.36
VEU Vanguard Ftse All-World Ex-U	New	1.31%	+1.31
DIVB iShares Core Dividend ETF	Add +45.0%	3.93%	+0.87
KRE SS SPDR S&P Regional Bank	New	0.63%	+0.63
SMH Vaneck Semiconductor ETF	Add +9.9%	6.55%	+0.57
BSJS Invesco Bulletshares 2028 HY	New	0.55%	+0.55
XBI SS SPDR S&P Biotech ETF	New	0.53%	+0.53
VGSH Vanguard Short-Term Treasury	New	0.53%	+0.53
FDVV Fidelity High Dividend ETF	New	0.46%	+0.46
OEF iShares S&P 100 ETF	Add +128.1%	0.73%	+0.38
PWR Quanta Services Inc.	Add +146.7%	0.66%	+0.37
XLF SS Financial Select Sector	Add +85.8%	0.95%	+0.37
JAAA Janus Henderson Aaa Clo ETF	Add +47.7%	1.67%	+0.34
ITA iShares U.S. Aerospace & Def	Add +54.1%	1.04%	+0.33
VTV Vanguard Mrngstr Val ETF-Aui	Add +56.0%	1.09%	+0.31
IEMG iShares Core MSCI Emerging	Add +57.8%	0.87%	+0.28
DYNF Ishrs US E F R A ETF-Usd Inc.	Add +46.4%	1.02%	+0.27
QQQ Invesco QQQ Trust Series 1	Add +13.2%	5.51%	+0.27
BAI Ishrs AI in and Tech Act ETF	Add +181.2%	0.40%	+0.26
SPY SS SPDR S&P 500 ETF Trust-US	Add +17.4%	3.39%	+0.25
VOO Vanguard S&P 500 ETF	Add +28.9%	1.41%	+0.22
USHY iShares Broad Usd High Yield	New	0.21%	+0.21
IWM iShares Russell 2000 ETF	Add +25.9%	1.21%	+0.21
SPSM SS SPDR P S&P 600 Small Cap	New	0.18%	+0.18
VUG Vanguard Mrngstar GR ETF-Sui	Add +24.7%	1.17%	+0.16
HEFA Isha Curr Hedged MSCI Eafe	Add +40.0%	0.82%	+0.16
SCHI Schwab 5-10 Year Corporate B	New	0.15%	+0.15
IVV iShares Core S&P 500 ETF	Add +22.8%	1.30%	+0.15
VLU SS SPDR S&P 1500 Value Tilt	Add +14.8%	3.53%	+0.13
BND Vanguard Total Bond Market	Add +45.0%	0.63%	+0.13
IJH iShares Core S&P Midcap ETF	Add +55.9%	0.41%	+0.12
SPDW Ste STR SPDR PT DW Eu ETF	Add +90.8%	0.27%	+0.11
CERY SS SPDR BBG En RY CM St N-Ui	New	0.10%	+0.10
VEA Vanguard Ftse Developed ETF	Add +21.7%	1.18%	+0.10
ABBV Abbvie Inc.	New	0.10%	+0.10
FTEC Fidelity MSCI Info Tech Indx	New	0.10%	+0.10
APUE Activepassive US Equity ETF	New	0.09%	+0.09
TSLA Tesla Inc.	New	0.09%	+0.09
SPMD SS SPDR P S&P 400 Midcap ETF	New	0.09%	+0.09
IBDW iShares Ibonds Dec 2031 Corp.	New	0.09%	+0.09
IAU iShares Gold Trust	Add +67.2%	0.22%	+0.09
APH Amphenol Corp. Class A	New	0.09%	+0.09
XLSR SS US Sector Rotation	Add +38.0%	0.40%	+0.09
IVE iShares S&P 500 Value ETF	Add +24.3%	0.79%	+0.08
SPEM State Street SP PTF Em ETF	Add +52.5%	0.27%	+0.08
AAPL Apple Inc.	Add +15.3%	0.32%	+0.06
GOOGL Alphabet Inc. Class A	Add +10.8%	0.24%	+0.06
VWO Vanguard Ftse Emerging Marke	Add +20.1%	0.48%	+0.05

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