Absolute Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Absolute Capital Management, LLC reported 146 stock positions worth $301.0 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 4.5% of the portfolio, followed by SS SPDR S&P 1500 Value Tilt (VLU, 3.4%) and iShares Core Dividend ETF (DIVB, 3.3%). Compared with Q4 2025, it opened 27 new positions, sold out of 14, added to 84 and reduced 28. The biggest buy was a new position in Invesco Dow Jones Industrial (DJD) and the biggest sale Vaneck Semiconductor ETF (SMH, shares −77%).

Most Recent 13F
Q2 2026
Location
Pittsburgh, PA
CIK
0001817648
Portfolio Value
$301.0M (Q1 2026)
SEC Filing
0001172661-26-001716 ↗ filed May 12, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $156.7M Q1 2024 Q2 2024: $165.1M Q2 2024 Q3 2024: $168.3M Q3 2024 Q4 2024: $180.8M Q4 2024 Q1 2025: $173.0M Q1 2025 Q2 2025: $199.0M Q2 2025 Q3 2025: $233.4M Q3 2025 Q4 2025: $274.5M Q4 2025 Q1 2026: $301.0M $301.0M Q1 2026 Q2 2026: $400.8M Q2 2026

Holdings 146 stocks · $301.0M
QQQ Invesco QQQ Trust Series 1 4.50% 23,476 $13.5M Reduce -0.0%
VLU SS SPDR S&P 1500 Value Tilt 3.36% 47,050 $10.1M Add +13.9%
DIVB iShares Core Dividend ETF 3.31% 184,716 $10.0M Add +0.7%
SOXX iShares Semiconductor ETF 3.04% 27,850 $9.2M No change
IVV iShares Core S&P 500 ETF 2.71% 12,510 $8.2M Add +79.6%
SPYM Ste STR SPDR PT S&P 500 ETF 2.63% 103,629 $7.9M Add +92.9%
ILCV iShares Morningstar Value Et 2.60% 83,900 $7.8M Add +155.0%
BRK.A Berkshire Hathaway Inc. Class A 2.39% 10 $7.2M No change
DJD Invesco Dow Jones Industrial 2.18% 110,100 $6.6M New
XLK SS Technology Select Sector 1.91% 43,229 $5.7M Add +0.8%
IVE iShares S&P 500 Value ETF 1.88% 26,841 $5.7M Add +24.9%
VEU Vanguard Ftse All-World Ex-U 1.83% 73,500 $5.5M Add +34.1%
VEA Vanguard Ftse Developed ETF 1.80% 84,378 $5.4M Add +11.7%
RWL Invesco S&P 500 Revenue ETF 1.78% 46,687 $5.4M Add +0.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.74% 8,030 $5.2M Reduce -42.7%
VOOG Vanguard S&P 500 Growth ETF 1.72% 12,706 $5.2M Reduce -1.2%
IVW iShares S&P 500 Growth ETF 1.65% 43,846 $5.0M Add +43.9%
VUG Vanguard Mrngstar GR ETF-Sui 1.58% 10,899 $4.8M Add +12.2%
VOX Vanguard Communication Servi 1.56% 26,068 $4.7M Add +0.0%
IEMG iShares Core MSCI Emerging 1.54% 66,539 $4.6M Add +15.1%
DYNF Ishrs US E F R A ETF-Usd Inc. 1.54% 79,655 $4.6M Add +17.3%
VTV Vanguard Mrngstr Val ETF-Aui 1.44% 22,109 $4.3M Add +9.0%
SMH Vaneck Semiconductor ETF 1.38% 10,831 $4.2M Reduce -76.9%
SOXQ Invesco PHLX Semiconductor 1.35% 67,900 $4.1M New
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 1.31% 8,500 $3.9M Reduce -25.4%
EFV iShares MSCI Eafe Value ETF 1.30% 52,729 $3.9M Add +38.2%
JAAA Janus Henderson Aaa Clo ETF 1.30% 77,427 $3.9M Add +0.9%
GS Goldman Sachs Group Inc. 1.23% 4,378 $3.7M Add +0.7%
QUAL iShares MSCI USA Quality Fac 1.20% 18,845 $3.6M Add +24.6%
VTI VG Morningstar TS MKT ETF-US 1.13% 10,571 $3.4M Add +2.6%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 1.07% 69,737 $3.2M Add +29.9%
XLF SS Financial Select Sector 0.98% 59,900 $3.0M Reduce -0.2%
NVDA Nvidia Corp. 0.97% 16,683 $2.9M Add +198.8%
VGT Vanguard Info Tech ETF 0.92% 3,967 $2.8M Add +4.6%
BNDX Vanguard Total Intl Bond ETF 0.90% 56,440 $2.7M Add +11.2%
VLUE iShares MSCI USA Value Facto 0.88% 18,632 $2.6M Add +5.7%
VDC Vanguard Consumer Staple ETF 0.87% 11,720 $2.6M Add +0.0%
EFG iShares MSCI Eafe Growth ETF 0.84% 22,658 $2.5M New
XBI SS SPDR S&P Biotech ETF 0.84% 19,684 $2.5M Add +0.2%
IJR iShares Core S&P Small-Cap E 0.83% 19,981 $2.5M Add +0.8%
IGIB iShares 5-10Y Inv Grade Corp. 0.81% 45,641 $2.4M Add +2.1%
IWM iShares Russell 2000 ETF 0.78% 9,442 $2.3M Reduce -18.6%
ITA iShares U.S. Aerospace & Def 0.77% 10,663 $2.3M Reduce -28.2%
BAI Ishrs AI in and Tech Act ETF 0.76% 69,169 $2.3M Add +45.0%
MTUM iShares MSCI USA Momentum Fa 0.75% 9,367 $2.2M Add +41.8%
HEFA Isha Curr Hedged MSCI Eafe 0.74% 52,444 $2.2M Add +3.4%
BRK.B Berkshire Hathaway Inc. Class B 0.74% 4,618 $2.2M Add +0.0%
THRO iShares U.S. Thematic Rotati 0.72% 60,251 $2.2M Add +44.8%
IBDX iShares Ibonds Dec 2032 TC 0.71% 84,835 $2.1M Reduce -5.2%
COST Costco Wholesale Corp. 0.69% 2,096 $2.1M Reduce -4.8%
KRE SS SPDR S&P Regional Bank 0.69% 31,900 $2.1M No change
VCSH Vanguard S/T Corp. Bond ETF 0.68% 25,694 $2.0M New
PWR Quanta Services Inc. 0.68% 3,705 $2.0M Add +0.1%
BSV Vanguard Short-Term Bond ETF 0.67% 25,811 $2.0M Add +9.7%
VWO Vanguard Ftse Emerging Marke 0.67% 37,113 $2.0M Add +8.7%
NFLX Netflix Inc. 0.66% 20,703 $2.0M Reduce -0.2%
IDEF Ishars Def Ind TC Ac ETF-Ui 0.60% 54,814 $1.8M New
DIVI Franklin International Core 0.60% 45,000 $1.8M No change
BND Vanguard Total Bond Market 0.59% 24,068 $1.8M Add +15.8%
MSFT Microsoft Corp. 0.59% 4,771 $1.8M Add +8.4%
VXUS Vanguard Total Intl Stock 0.57% 22,301 $1.7M Add +2.5%
FNGS Microsectors Fang+ Etns filed as BANK MONTREAL MEDIUM 0.56% 28,100 $1.7M New
BLCR iShares LRG CP CR Act ETF-Ui 0.55% 40,269 $1.7M New
FALN iShares Fallen Angels ETF 0.54% 60,462 $1.6M Add +5.3%
VTWO Vanguard Russell 2000 ETF 0.53% 15,853 $1.6M Add +0.7%
CGGR Cap Group Growth Equity 0.52% 39,308 $1.6M Add +4.6%
V Visa Inc. Class A 0.50% 4,994 $1.5M Add +2.2%
ILCG iShares Morningstar Growth E 0.49% 15,535 $1.5M Add +0.2%
XLI SS Industrial Select Sector 0.49% 9,087 $1.5M Reduce -3.2%
TLH iShares 10-20 Year Treasury 0.43% 12,855 $1.3M Add +39.1%
BIV Vanguard Intermediate-Term B 0.41% 16,139 $1.2M Add +7.3%
TSM Taiwan Semiconductor-SP ADR 0.40% 3,573 $1.2M New
VYMI Vanguard Int High DVD YLD Inc. 0.39% 12,494 $1.2M Add +0.5%
VB Vanguard Most SM-Cap ETF-Usd 0.38% 4,382 $1.1M Add +16.7%
AVGO Broadcom Inc. 0.36% 3,528 $1.1M Add +199.0%
GOVT iShares US Treasury Bond ETF 0.35% 46,392 $1.1M New
VGSH Vanguard Short-Term Treasury 0.35% 18,116 $1.1M Reduce -3.5%
XLSR SS US Sector Rotation 0.34% 17,793 $1.0M Add +5.6%
BLV Vanguard Long-Term Bond ETF 0.33% 14,282 $982K Add +9.6%
VMBS Vanguard Mortgage-Backed Sec 0.32% 20,703 $972K Add +9.3%
FDVV Fidelity High Dividend ETF 0.32% 17,580 $971K Reduce -10.8%
AAPL Apple Inc. 0.31% 3,731 $947K Add +16.8%
JPM JPMorgan Chase & Co. 0.30% 3,087 $908K Add +0.6%
SPDW Ste STR SPDR PT DW Eu ETF 0.30% 19,779 $903K Reduce -2.9%
MBB iShares MBS ETF 0.29% 9,266 $880K Add +22.2%
ITB iShares U.S. Home Constructi 0.29% 9,500 $860K No change
IAGG iShares Intl Aggregate Bond 0.26% 15,359 $769K Add +38.5%
LRCX Lam Research Corp. 0.25% 3,552 $759K Add +113.5%
SPEM State Street SP PTF Em ETF 0.23% 14,929 $700K Add +3.6%
KLAC KLA Corp. 0.23% 474 $698K Add +180.5%
GOOGL Alphabet Inc. Class A 0.21% 2,189 $630K Reduce -11.6%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.21% 11,302 $627K Reduce -11.6%
AMAT Applied Materials Inc. 0.19% 1,715 $586K New
BNDC NT Core Bond ETF 0.18% 24,560 $546K Add +7.7%
MU Micron Technology Inc. 0.18% 1,613 $545K New
BINC iShares Flex I A ETF-Usd Inc. 0.18% 10,457 $543K Add +1.3%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.18% 410 $542K New
GLDM SPDR Gold Minishares Trust 0.16% 5,258 $487K Add +6.1%
AMZN Amazon.com Inc. 0.16% 2,315 $482K Add +7.2%
ADI Analog Devices Inc. 0.16% 1,505 $479K New
TXN Texas Instruments Inc. 0.16% 2,466 $479K New
AMD Advanced Micro Devices 0.15% 2,293 $466K New
USHY iShares Broad Usd High Yield 0.15% 12,556 $463K Reduce -14.2%
SHV iShares 0-1 Year Treasury Bo 0.15% 4,087 $451K New
INTC Intel Corp. 0.15% 10,140 $447K New
META Meta Platforms Inc. Class A 0.14% 745 $426K Reduce -2.4%
QCOM Qualcomm Inc. 0.14% 3,298 $425K New
SCHI Schwab 5-10 Year Corporate B 0.14% 18,339 $416K Reduce -13.2%
FISR SS Fi Sector Rotation 0.13% 15,647 $402K Add +47.6%
IJH iShares Core S&P Midcap ETF 0.13% 5,723 $386K Add +9.5%
IWB iShares Russell 1000 ETF 0.12% 1,023 $365K Add +3.1%
SPSM SS SPDR P S&P 600 Small Cap 0.11% 7,047 $341K Reduce -10.7%
ICVT iShares Convertible Bond ETF 0.11% 3,333 $339K Reduce -17.3%
AGG iShares Core U.S. Aggregate 0.11% 3,390 $337K Add +6.9%
QDF NT Qual Div ETF 0.11% 4,215 $333K Add +3.4%
CERY SS SPDR BBG En RY CM St N-Ui 0.11% 9,444 $333K New
IEFA iShares Core MSCI Eafe ETF 0.11% 3,676 $333K Add +10.3%
TDTT NT Iboxx 3Y Dur Tips ETF 0.11% 13,660 $331K Add +4.0%
EME Emcor Group Inc. 0.10% 419 $309K New
SUSC iShares ESG Aware Usd Corpor 0.10% 13,214 $306K Add +5.2%
IQDF NT Intl Qual Div ETF 0.10% 9,525 $302K Add +1.4%
QQH HCM Defender 100 Index ETF 0.10% 4,318 $302K Add +3.4%
LGH HCM Defender 500 Index ETF 0.10% 5,252 $299K Add +2.7%
IAU iShares Gold Trust 0.10% 3,380 $298K Reduce -56.8%
LCTU iShares U.S. Carbon Transiti 0.10% 4,147 $291K Reduce -9.1%
BIL SS SPDR BB 1-3M T-Bill ETF 0.09% 3,090 $283K New
EAGG iShares ESG Aware US Aggrega 0.09% 5,954 $283K Add +13.5%
MA Mastercard Inc. Class A 0.09% 566 $283K Add +6.8%
BBUS JPMorgan Betabuilders US Equ 0.09% 2,351 $276K Reduce -13.9%
VONV Vanguard Russell 1000 Value 0.09% 2,801 $263K New
VONG Vanguard Russell 1000 Growth 0.09% 2,389 $262K New
SPMD SS SPDR P S&P 400 Midcap ETF 0.08% 4,193 $248K Add +4.4%
VOO Vanguard S&P 500 ETF 0.08% 399 $238K Add +1.8%
SECT Main Sector Rotation ETF 0.08% 3,888 $235K New
SNPS Synopsys Inc. 0.08% 588 $233K New
ESGU iShares ESG Aware MSCI USA 0.08% 1,646 $233K Add +3.2%
LLY Eli Lilly & Co. 0.08% 253 $233K Add +3.3%
HYGV NT HY Val-SCRD BD ETF 0.08% 5,683 $228K Reduce -5.4%
CDNS Cadence Design SYS Inc. 0.08% 818 $227K New
IWF iShares Russell 1000 Growth 0.07% 523 $223K Add +2.5%
MRVL Marvell Technology Inc. 0.07% 2,228 $221K New
GLD SPDR Gold Shares 0.07% 505 $217K Reduce -4.0%
APH Amphenol Corp. Class A 0.07% 1,664 $211K Add +0.6%
APUE Activepassive US Equity ETF 0.07% 5,252 $211K No change
USMV iShares MSCI USA Min Vol Fac 0.07% 2,258 $209K Reduce -0.3%
QLC NT US Qual LC ETF 0.07% 2,594 $203K No change

Portfolio Sells Q4 2025 → Q1 2026
SMH Vaneck Semiconductor ETF Reduce -76.9% 1.38% −4.76
SPY SS SPDR S&P 500 ETF Trust-US Reduce -42.7% 1.74% −1.75
OEF iShares S&P 100 ETF Sold out 0.00% −1.09
VOT Vngrd Mrngstr MC GRW ETF-Usd Sold out 0.00% −0.81
QQQ Invesco QQQ Trust Series 1 Reduce -0.0% 4.50% −0.75
DIA SS SPDR Dow Jones Indus Avg Reduce -25.4% 1.31% −0.69
ITA iShares U.S. Aerospace & Def Reduce -28.2% 0.77% −0.39
VOOG Vanguard S&P 500 Growth ETF Reduce -1.2% 1.72% −0.36
CTAS Cintas Corp. Sold out 0.00% −0.29
UNH Unitedhealth Group Inc. Sold out 0.00% −0.27
IWM iShares Russell 2000 ETF Reduce -18.6% 0.78% −0.26
BSX Boston Scientific Corp. Sold out 0.00% −0.24
XLF SS Financial Select Sector Reduce -0.2% 0.98% −0.22
BX Blackstone Inc. Sold out 0.00% −0.19
IAU iShares Gold Trust Reduce -56.8% 0.10% −0.13
IBDX iShares Ibonds Dec 2032 TC Reduce -5.2% 0.71% −0.12
ABBV Abbvie Inc. Sold out 0.00% −0.10
FDVV Fidelity High Dividend ETF Reduce -10.8% 0.32% −0.08
DSI iShares ESG MSCI KLD 400 ETF Sold out 0.00% −0.08
TSLA Tesla Inc. Sold out 0.00% −0.08
CWB SS SPDR BB Conv Sec ETF Sold out 0.00% −0.08
FTEC Fidelity MSCI Info Tech Indx Sold out 0.00% −0.08
IBDW iShares Ibonds Dec 2031 Corp. Sold out 0.00% −0.08
BLES Inspire Global Hope ETF Sold out 0.00% −0.07
SHYG iShares 0-5 YR HY Corp. Bond Sold out 0.00% −0.07
GOOGL Alphabet Inc. Class A Reduce -11.6% 0.21% −0.07
JEPQ JPM Nasdaq Equity Premium Reduce -11.6% 0.21% −0.06
VGSH Vanguard Short-Term Treasury Reduce -3.5% 0.35% −0.05
NFLX Netflix Inc. Reduce -0.2% 0.66% −0.05
USHY iShares Broad Usd High Yield Reduce -14.2% 0.15% −0.05
XLI SS Industrial Select Sector Reduce -3.2% 0.49% −0.04
META Meta Platforms Inc. Class A Reduce -2.4% 0.14% −0.04
SCHI Schwab 5-10 Year Corporate B Reduce -13.2% 0.14% −0.04
ICVT iShares Convertible Bond ETF Reduce -17.3% 0.11% −0.03
BBUS JPMorgan Betabuilders US Equ Reduce -13.9% 0.09% −0.03
SPDW Ste STR SPDR PT DW Eu ETF Reduce -2.9% 0.30% −0.03
LCTU iShares U.S. Carbon Transiti Reduce -9.1% 0.10% −0.03
SPSM SS SPDR P S&P 600 Small Cap Reduce -10.7% 0.11% −0.02
HYGV NT HY Val-SCRD BD ETF Reduce -5.4% 0.08% −0.01
USMV iShares MSCI USA Min Vol Fac Reduce -0.3% 0.07% −0.01
GLD SPDR Gold Shares Reduce -4.0% 0.07% −0.00
COST Costco Wholesale Corp. Reduce -4.8% 0.69% +0.00

Portfolio Buys Q4 2025 → Q1 2026
DJD Invesco Dow Jones Industrial New 2.18% +2.18
ILCV iShares Morningstar Value Et Add +155.0% 2.60% +1.46
SOXQ Invesco PHLX Semiconductor New 1.35% +1.35
SPYM Ste STR SPDR PT S&P 500 ETF Add +92.9% 2.63% +1.06
IVV iShares Core S&P 500 ETF Add +79.6% 2.71% +0.98
EFG iShares MSCI Eafe Growth ETF New 0.84% +0.84
VCSH Vanguard S/T Corp. Bond ETF New 0.68% +0.68
IDEF Ishars Def Ind TC Ac ETF-Ui New 0.60% +0.60
NVDA Nvidia Corp. Add +198.8% 0.97% +0.59
FNGS Microsectors Fang+ Etns New 0.56% +0.56
BLCR iShares LRG CP CR Act ETF-Ui New 0.55% +0.55
TSM Taiwan Semiconductor-SP ADR New 0.40% +0.40
VEU Vanguard Ftse All-World Ex-U Add +34.1% 1.83% +0.37
GOVT iShares US Treasury Bond ETF New 0.35% +0.35
EFV iShares MSCI Eafe Value ETF Add +38.2% 1.30% +0.31
IVW iShares S&P 500 Growth ETF Add +43.9% 1.65% +0.28
IVE iShares S&P 500 Value ETF Add +24.9% 1.88% +0.22
AVGO Broadcom Inc. Add +199.0% 0.36% +0.21
AMAT Applied Materials Inc. New 0.19% +0.19
VLU SS SPDR S&P 1500 Value Tilt Add +13.9% 3.36% +0.19
MU Micron Technology Inc. New 0.18% +0.18
ASML ASML Holding NV-NY Reg SHS New 0.18% +0.18
BAI Ishrs AI in and Tech Act ETF Add +45.0% 0.76% +0.18
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +29.9% 1.07% +0.16
ADI Analog Devices Inc. New 0.16% +0.16
TXN Texas Instruments Inc. New 0.16% +0.16
KLAC KLA Corp. Add +180.5% 0.23% +0.16
AMD Advanced Micro Devices New 0.15% +0.15
SHV iShares 0-1 Year Treasury Bo New 0.15% +0.15
INTC Intel Corp. New 0.15% +0.15
LRCX Lam Research Corp. Add +113.5% 0.25% +0.15
MTUM iShares MSCI USA Momentum Fa Add +41.8% 0.75% +0.14
QCOM Qualcomm Inc. New 0.14% +0.14
THRO iShares U.S. Thematic Rotati Add +44.8% 0.72% +0.14
IEMG iShares Core MSCI Emerging Add +15.1% 1.54% +0.13
CERY SS SPDR BBG En RY CM St N-Ui New 0.11% +0.11
PWR Quanta Services Inc. Add +0.1% 0.68% +0.11
QUAL iShares MSCI USA Quality Fac Add +24.6% 1.20% +0.11
EME Emcor Group Inc. New 0.10% +0.10
BIL SS SPDR BB 1-3M T-Bill ETF New 0.09% +0.09
TLH iShares 10-20 Year Treasury Add +39.1% 0.43% +0.09
VONV Vanguard Russell 1000 Value New 0.09% +0.09
VONG Vanguard Russell 1000 Growth New 0.09% +0.09
SECT Main Sector Rotation ETF New 0.08% +0.08
SNPS Synopsys Inc. New 0.08% +0.08
VEA Vanguard Ftse Developed ETF Add +11.7% 1.80% +0.08
CDNS Cadence Design SYS Inc. New 0.08% +0.08
MRVL Marvell Technology Inc. New 0.07% +0.07
IAGG iShares Intl Aggregate Bond Add +38.5% 0.26% +0.05
DYNF Ishrs US E F R A ETF-Usd Inc. Add +17.3% 1.54% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 162$400.8MIVV, SOXX, QQQ, DIVB, VLU
Q1 2026 146$301.0MQQQ, VLU, DIVB, SOXX, IVV
Q4 2025 133$274.5MSMH, QQQ, DIVB, SPY, VLU
Q3 2025 120$233.4MSMH, QQQ, DIVB, VLU, SPY
Q2 2025 123$199.0MSMH, QQQ, XLK, VLU, BRK.A
Q1 2025 118$173.0MSMH, QQQ, VLU, BRK.A, DIVB
Q4 2024 121$180.8MSMH, QQQ, VLU, XLK, SPY
Q3 2024 107$168.3MSMH, QQQ, SPY, VLU, SOXX
Q2 2024 105$165.1MSMH, QQQ, VTI, RSP, SOXX
Q1 2024 104$156.7MQQQ, SMH, RWL, SPHD, VTI