All Terrain Financial Advisors, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), All Terrain Financial Advisors, LLC reported 94 stock positions worth $310.1 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 19.2% of the portfolio, followed by Lowe's Cos (LOW, 10.5%) and iShares Russell 2000 ETF (IWM, 9.8%). Compared with Q2 2025, it opened 11 new positions, sold out of 3, added to 23 and reduced 34. The biggest buy was a new position in Medtronic (MDT) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −0%).

Most Recent 13F
Q2 2026
Location
COON RAPIDS, MN
CIK
0001731358
Portfolio Value
$310.1M (Q3 2025)
SEC Filing
0001062993-25-016656 ↗ filed Nov 12, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $232.0M Q1 2024 Q2 2024: $237.8M Q2 2024 Q3 2024: $261.2M Q3 2024 Q4 2024: $256.9M Q4 2024 Q1 2025: $256.6M Q1 2025 Q2 2025: $275.7M Q2 2025 Q3 2025: $310.1M $310.1M Q3 2025 Q4 2025: $325.7M Q4 2025 Q1 2026: $320.7M Q1 2026 Q2 2026: $475.8M Q2 2026

Holdings 94 stocks · $310.1M
SPY SS SPDR S&P 500 ETF Trust-US 19.24% 89,547 $59.7M Reduce -0.5%
LOW Lowe's Cos Inc. 10.46% 129,015 $32.4M No change
IWM iShares Russell 2000 ETF 9.78% 125,323 $30.3M Reduce -0.3%
AAPL Apple Inc. 4.67% 56,908 $14.5M Reduce -5.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 4.60% 30,745 $14.3M Reduce -1.0%
MSFT Microsoft Corp. 3.07% 18,369 $9.5M Reduce -14.3%
QQQ Invesco QQQ Trust Series 1 2.95% 15,231 $9.1M Reduce -0.5%
AMZN Amazon.com Inc. 2.48% 35,095 $7.7M Add +0.3%
AGG iShares Core U.S. Aggregate 2.37% 73,296 $7.3M Reduce -1.0%
NVDA Nvidia Corp. 1.69% 28,165 $5.3M Add +0.8%
INTC Intel Corp. 1.65% 152,363 $5.1M Add +50.2%
SPSB SS SPDR P St C Corp. ETF 1.58% 161,986 $4.9M Reduce -0.6%
EFA iShares MSCI Eafe ETF 1.55% 51,351 $4.8M Add +1.6%
FLTR Vaneck Ig Floating Rate ETF 1.47% 178,730 $4.6M Reduce -0.7%
USB US Bancorp 1.37% 87,968 $4.3M Reduce -7.8%
SO The Southern Co. 1.30% 42,662 $4.0M Reduce -14.9%
HON Honeywell International Inc. 1.30% 19,102 $4.0M Reduce -7.2%
MDT Medtronic PLC 1.27% 41,255 $3.9M New
EEM iShares MSCI Emerging Market 1.21% 70,140 $3.7M Add +2.3%
CL Colgate-Palmolive Co. 1.12% 43,312 $3.5M Reduce -0.3%
CAG Conagra Brands Inc. 1.10% 185,862 $3.4M Add +68.6%
PEP Pepsico Inc. 1.06% 23,460 $3.3M Add +24.2%
KMB Kimberly-Clark Corp. 1.05% 26,223 $3.3M Add +4.3%
SHY iShares 1-3 Year Treasury Bo 1.05% 39,189 $3.3M Reduce -0.7%
GOOG Alphabet Inc. Class C 0.87% 11,019 $2.7M Add +42.8%
SWK Stanley Black & Decker Inc. 0.74% 31,079 $2.3M New
ABBV Abbvie Inc. 0.71% 9,550 $2.2M No change
MDY State Street SPDR S&P Midcap 0.71% 3,680 $2.2M Reduce -0.5%
T AT&T Inc. 0.69% 76,289 $2.2M Reduce -21.6%
TOTL SS Doubleline TR Tact ETF 0.69% 52,963 $2.1M Reduce -0.5%
D Dominion Energy Inc. 0.68% 34,421 $2.1M Add +12.3%
META Meta Platforms Inc. Class A 0.67% 2,833 $2.1M No change
UNH Unitedhealth Group Inc. 0.65% 5,825 $2.0M Add +31.8%
MMM 3M Co. 0.64% 12,857 $2.0M Reduce -2.9%
PRU Prudential Financial Inc. 0.64% 19,085 $2.0M Add +10.7%
IBIT iShares Bitcoin Trust ETF 0.61% 29,083 $1.9M Add +29.4%
TSLA Tesla Inc. 0.59% 4,113 $1.8M Add +104.3%
CLX Clorox Company 0.55% 13,708 $1.7M Add +16.7%
JNJ Johnson & Johnson 0.53% 8,844 $1.6M Reduce -3.9%
JPM JPMorgan Chase & Co. 0.51% 5,030 $1.6M Reduce -9.1%
AMGN Amgen Inc. 0.51% 5,591 $1.6M Reduce -20.1%
BRK.B Berkshire Hathaway Inc. Class B 0.49% 3,021 $1.5M Add +1.6%
CVX Chevron Corp. 0.46% 9,276 $1.4M New
UNP Union Pacific Corp. 0.46% 6,039 $1.4M Reduce -0.3%
PG The Procter & Gamble Co. 0.46% 9,279 $1.4M Reduce -3.4%
PLTR Palantir Technologies Inc. Class A 0.45% 7,733 $1.4M Add +4.3%
RTX RTX Corp. 0.32% 6,001 $1.0M Add +139.9%
EQX Equinox Gold Corp. 0.31% 86,586 $971K No change
VTI VG Morningstar TS MKT ETF-US 0.30% 2,792 $916K No change
WFC Wells Fargo & Co. 0.29% 10,871 $911K Reduce -5.2%
IVW iShares S&P 500 Growth ETF 0.28% 7,318 $883K No change
NFLX Netflix Inc. 0.26% 674 $808K Reduce -0.9%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.25% 15,700 $769K New
ISRG Intuitive Surgical Inc. 0.24% 1,699 $760K No change
AXP American Express Co. 0.24% 2,259 $750K No change
GOOGL Alphabet Inc. Class A 0.23% 2,982 $725K Add +20.2%
WMT Walmart Inc. 0.23% 6,913 $712K Reduce -12.4%
GLD SPDR Gold Shares 0.22% 1,887 $671K Reduce -4.9%
LW Lamb Weston Holdings Inc. 0.21% 11,200 $650K New
ORCL Oracle Corp. 0.19% 2,052 $577K No change
XOM Exxon Mobil Corp. 0.17% 4,786 $540K Reduce -2.0%
HOOD Robinhood Markets Inc. Class A 0.17% 3,700 $530K Add +2.8%
CSCO Cisco Systems Inc. 0.17% 7,576 $518K No change
GS Goldman Sachs Group Inc. 0.15% 600 $478K No change
AMD Advanced Micro Devices 0.15% 2,934 $475K Add +4.0%
ANET Arista Networks Inc. 0.15% 3,200 $466K No change
XLF SS Financial Select Sector 0.15% 8,610 $464K Reduce -2.5%
PYPL PayPal Holdings Inc. 0.15% 6,906 $463K No change
MU Micron Technology Inc. 0.13% 2,500 $418K No change
TRV The Travelers Cos Inc. 0.13% 1,495 $417K No change
MP MP Materials Corp. 0.13% 5,900 $396K New
IJK iShares S&P Mid-Cap 400 Grow 0.13% 4,086 $392K No change
IJT iShares S&P Small-Cap 600 GR 0.13% 2,762 $391K Reduce -0.5%
BX Blackstone Inc. 0.11% 2,050 $350K Reduce -2.3%
VZ Verizon Communications Inc. 0.11% 7,910 $348K Add +0.2%
SHOP Shopify Inc. Class A 0.11% 2,305 $343K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.11% 3,920 $342K Reduce -5.8%
KO The Coca-Cola Co. 0.11% 4,950 $328K Reduce -2.9%
BA The Boeing Co. 0.10% 1,500 $324K No change
C Citigroup Inc. 0.10% 3,128 $317K No change
AMP Ameriprise Financial Inc. 0.10% 623 $306K No change
IWF iShares Russell 1000 Growth 0.10% 643 $301K No change
XLK SS Technology Select Sector 0.09% 1,017 $287K Add +7.8%
SLV iShares Silver Trust 0.09% 6,542 $277K New
ABT Abbott Laboratories 0.08% 1,804 $242K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 4,600 $237K No change
LLY Eli Lilly & Co. 0.07% 300 $229K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 449 $215K Reduce -4.7%
GDX Vaneck Gold Miners ETF 0.07% 2,805 $214K New
FISV Fiserv Inc. 0.07% 1,600 $206K No change
AMAT Applied Materials Inc. 0.07% 1,000 $205K New
TGT Target Corp. 0.06% 2,076 $186K New
F Ford Motor Co. filed as FORD MTR CO 0.05% 13,500 $161K No change
OKLO Oklo Inc. 0.05% 1,400 $156K New

Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($46.0M), ISHARES TR puts ($15.8M), INVESCO QQQ TR puts ($3.5M), NVIDIA CORPORATION puts ($2.1M), UNITEDHEALTH GROUP INC puts ($1.9M), MICROSOFT CORP puts ($1.8M), INTEL CORP puts ($1.8M), ISHARES BITCOIN TRUST ETF puts ($1.8M), ALPHABET INC puts ($1.7M), TESLA INC puts ($1.6M), APPLE INC puts ($1.3M), PALANTIR TECHNOLOGIES INC puts ($1.1M), and 33 more.

Portfolio Sells Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 19.24% −0.92
MSFT Microsoft Corp. Reduce -14.3% 3.07% −0.80
HON Honeywell International Inc. Reduce -7.2% 1.30% −0.44
DIA SS SPDR Dow Jones Indus Avg Reduce -1.0% 4.60% −0.37
SO The Southern Co. Reduce -14.9% 1.30% −0.37
T AT&T Inc. Reduce -21.6% 0.69% −0.33
CL Colgate-Palmolive Co. Reduce -0.3% 1.12% −0.32
AGG iShares Core U.S. Aggregate Reduce -1.0% 2.37% −0.29
SPSB SS SPDR P St C Corp. ETF Reduce -0.6% 1.58% −0.20
AMGN Amgen Inc. Reduce -20.1% 0.51% −0.20
USB US Bancorp Reduce -7.8% 1.37% −0.19
FLTR Vaneck Ig Floating Rate ETF Reduce -0.7% 1.47% −0.19
SHY iShares 1-3 Year Treasury Bo Reduce -0.7% 1.05% −0.14
QQQ Invesco QQQ Trust Series 1 Reduce -0.5% 2.95% −0.11
PG The Procter & Gamble Co. Reduce -3.4% 0.46% −0.10
MMM 3M Co. Reduce -2.9% 0.64% −0.09
TOTL SS Doubleline TR Tact ETF Reduce -0.5% 0.69% −0.08
XLV SS Health Care Select Sector Sold out 0.00% −0.08
HUBS HubSpot Inc. Sold out 0.00% −0.08
SBUX Starbucks Corp. Sold out 0.00% −0.07
JPM JPMorgan Chase & Co. Reduce -9.1% 0.51% −0.07
NFLX Netflix Inc. Reduce -0.9% 0.26% −0.07
IWM iShares Russell 2000 ETF Reduce -0.3% 9.78% −0.06
MDY State Street SPDR S&P Midcap Reduce -0.5% 0.71% −0.05
WMT Walmart Inc. Reduce -12.4% 0.23% −0.05
UNP Union Pacific Corp. Reduce -0.3% 0.46% −0.05
WFC Wells Fargo & Co. Reduce -5.2% 0.29% −0.04
KO The Coca-Cola Co. Reduce -2.9% 0.11% −0.03
XLF SS Financial Select Sector Reduce -2.5% 0.15% −0.02
XOM Exxon Mobil Corp. Reduce -2.0% 0.17% −0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -5.8% 0.11% −0.01
IJT iShares S&P Small-Cap 600 GR Reduce -0.5% 0.13% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -4.7% 0.07% −0.01
GLD SPDR Gold Shares Reduce -4.9% 0.22% −0.00
BX Blackstone Inc. Reduce -2.3% 0.11% −0.00
JNJ Johnson & Johnson Reduce -3.9% 0.53% +0.02
AAPL Apple Inc. Reduce -5.5% 4.67% +0.19

Portfolio Buys Q2 2025 → Q3 2025
MDT Medtronic PLC New 1.27% +1.27
INTC Intel Corp. Add +50.2% 1.65% +0.82
SWK Stanley Black & Decker Inc. New 0.74% +0.74
CVX Chevron Corp. New 0.46% +0.46
GOOG Alphabet Inc. Class C Add +42.8% 0.87% +0.37
TSLA Tesla Inc. Add +104.3% 0.59% +0.36
CAG Conagra Brands Inc. Add +68.6% 1.10% +0.28
TTD Trade Desk Inc./the Class A New 0.25% +0.25
LW Lamb Weston Holdings Inc. New 0.21% +0.21
RTX RTX Corp. Add +139.9% 0.32% +0.19
PEP Pepsico Inc. Add +24.2% 1.06% +0.16
UNH Unitedhealth Group Inc. Add +31.8% 0.65% +0.15
MP MP Materials Corp. New 0.13% +0.13
IBIT iShares Bitcoin Trust ETF Add +29.4% 0.61% +0.11
NVDA Nvidia Corp. Add +0.8% 1.69% +0.09
SLV iShares Silver Trust New 0.09% +0.09
PLTR Palantir Technologies Inc. Class A Add +4.3% 0.45% +0.09
GOOGL Alphabet Inc. Class A Add +20.2% 0.23% +0.08
GDX Vaneck Gold Miners ETF New 0.07% +0.07
AMAT Applied Materials Inc. New 0.07% +0.07
TGT Target Corp. New 0.06% +0.06
D Dominion Energy Inc. Add +12.3% 0.68% +0.05
OKLO Oklo Inc. New 0.05% +0.05
HOOD Robinhood Markets Inc. Class A Add +2.8% 0.17% +0.05
CLX Clorox Company Add +16.7% 0.55% +0.03
EEM iShares MSCI Emerging Market Add +2.3% 1.21% +0.01
AMD Advanced Micro Devices Add +4.0% 0.15% +0.01
XLK SS Technology Select Sector Add +7.8% 0.09% +0.01
VZ Verizon Communications Inc. Add +0.2% 0.11% −0.01
PRU Prudential Financial Inc. Add +10.7% 0.64% −0.03
BRK.B Berkshire Hathaway Inc. Class B Add +1.6% 0.49% −0.03
EFA iShares MSCI Eafe ETF Add +1.6% 1.55% −0.09
KMB Kimberly-Clark Corp. Add +4.3% 1.05% −0.12
AMZN Amazon.com Inc. Add +0.3% 2.48% −0.30

Options Activity Q2 2025 → Q3 2025
STATE STR SPDR S&P 500 ETF T put Add +1.2% 69,100 $46.0M
ISHARES TR put Reduce -10.5% 65,900 $15.8M
INVESCO QQQ TR put Add +3.6% 5,800 $3.5M
NVIDIA CORPORATION put Add +909.1% 11,100 $2.1M
UNITEDHEALTH GROUP INC put Add +30.2% 5,600 $1.9M
MICROSOFT CORP put Add +75.0% 3,500 $1.8M
INTEL CORP put Add +23.9% 54,000 $1.8M
ISHARES BITCOIN TRUST ETF put Add +32.7% 27,600 $1.8M
ALPHABET INC put Add +100.0% 7,000 $1.7M
TESLA INC put Add +117.7% 3,700 $1.6M
APPLE INC put Add +15.9% 5,100 $1.3M
PALANTIR TECHNOLOGIES INC put Add +7.0% 6,100 $1.1M
THE TRADE DESK INC put New 15,700 $769K
AMAZON COM INC put Add +52.2% 3,500 $768K
LAMB WESTON HLDGS INC put New 11,200 $650K
RTX CORPORATION put New 3,500 $586K
MP MATERIALS CORP put New 5,900 $396K
INTUITIVE SURGICAL INC put New 800 $358K
STANLEY BLACK & DECKER INC put New 4,800 $357K
NETFLIX INC. put New 200 $240K
DOMINION ENERGY INC put Reduce -21.7% 3,600 $220K
UNION PAC CORP put New 800 $189K
INTEL CORP call Reduce -42.1% 5,500 $185K
OKLO INC put New 1,400 $156K
ABBVIE INC put New 600 $139K
ALPHABET INC put New 500 $122K
TARGET CORP put New 1,200 $108K
MICROSOFT CORP call New 200 $104K
MEDTRONIC PLC put New 900 $86K
ISHARES TR put New 1,500 $80K
ISHARES SILVER TR put New 1,300 $55K
WALMART INC call Sold out 300 $29Kbefore exit
APPLE INC call Sold out 100 $21Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 106$475.8MIWM, SPY, LOW, EEM, AAPL
Q1 2026 96$320.7MSPY, IWM, LOW, AAPL, DIA
Q4 2025 97$325.7MSPY, IWM, LOW, AAPL, DIA
Q3 2025 94$310.1MSPY, LOW, IWM, AAPL, DIA
Q2 2025 86$275.7MSPY, LOW, IWM, DIA, AAPL
Q1 2025 82$256.6MSPY, LOW, IWM, AAPL, DIA
Q4 2024 84$256.9MSPY, LOW, IWM, AAPL, DIA
Q3 2024 80$261.2MSPY, LOW, IWM, AAPL, DIA
Q2 2024 82$237.8MSPY, LOW, IWM, AAPL, DIA
Q1 2024 81$232.0MSPY, LOW, IWM, DIA, AAPL