Ancora Advisors LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Ancora Advisors LLC reported 1,949 stock positions worth $4.8 billion. Its top holding was Norfolk Southern (NSC) at 6.1% of the portfolio, followed by LKQ (LKQ, 4.3%) and Broadcom (AVGO, 2.8%). Compared with Q1 2025, it opened 306 new positions, sold out of 124, added to 535 and reduced 392. The biggest buy was CSX (CSX, shares +4746%) and the biggest sale an exit from United States Steel (X).
- Most Recent 13F
- Q2 2026
- Location
- Cleveland, OH
- CIK
- 0001446114
- Portfolio Value
- $4.8B (Q2 2025)
- SEC Filing
- 0001446114-25-000037 ↗ filed Aug 14, 2025
Holdings Value
Holdings 1,949 stocks · $4.8B
| NSC Norfolk Southern Corp. | 6.11% | 1,144,140 | $292.9M | Add +18.8% |
| LKQ LKQ Corp. | 4.26% | 5,516,535 | $204.2M | Add +0.7% |
| AVGO Broadcom Inc. | 2.80% | 486,962 | $134.2M | Reduce -8.4% |
| VOO Vanguard S&P 500 ETF | 2.59% | 218,751 | $124.3M | Reduce -0.8% |
| MSFT Microsoft Corp. | 2.54% | 244,810 | $121.8M | Add +0.0% |
| AAPL Apple Inc. | 2.40% | 560,496 | $115.0M | Reduce -1.3% |
| RBA RB Global Inc. | 1.88% | 850,790 | $90.3M | Reduce -18.2% |
| ITOT iShares Core S&P Total U.S. | 1.86% | 660,503 | $89.2M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 1.85% | 305,757 | $88.6M | Reduce -0.3% |
| JPST JPMorgan Ultra-Short Income | 1.73% | 1,635,175 | $82.9M | Add +0.6% |
| ETN Eaton Corp. PLC | 1.47% | 197,704 | $70.6M | Add +1.2% |
| CSX CSX Corp. | 1.38% | 2,022,044 | $66.0M | Add +4746.1% |
| AMZN Amazon.com Inc. | 1.36% | 298,364 | $65.5M | Add +77.8% |
| ABBV Abbvie Inc. | 1.34% | 345,755 | $64.2M | Add +0.5% |
| SEE Sealed Air Corp. | 1.23% | 1,898,485 | $58.9M | New |
| IVV iShares Core S&P 500 ETF | 1.14% | 88,178 | $54.7M | Add +4.4% |
| HLI Houlihan Lokey Inc. | 1.06% | 281,222 | $50.6M | Add +0.3% |
| VEEV Veeva Systems Inc. Class A | 1.05% | 174,428 | $50.2M | Reduce -13.6% |
| HON Honeywell International Inc. | 1.04% | 214,998 | $50.1M | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.99% | 97,400 | $47.3M | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.95% | 61,784 | $45.6M | Add +231.6% |
| EOG EOG Resources Inc. | 0.95% | 380,147 | $45.5M | Add +0.7% |
| HD Home Depot Inc. | 0.91% | 118,624 | $43.5M | Reduce -0.1% |
| GD General Dynamics Corp. | 0.87% | 143,116 | $41.7M | Add +0.9% |
| AMCR Amcor PLC | 0.85% | 4,411,638 | $40.5M | Add +441063.8% |
| JNJ Johnson & Johnson | 0.84% | 263,541 | $40.3M | Add +0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.81% | 820,295 | $38.8M | Add +1.2% |
| CVX Chevron Corp. | 0.75% | 250,213 | $35.8M | Add +1.6% |
| PG The Procter & Gamble Co. | 0.73% | 220,917 | $35.2M | Reduce -0.4% |
| ACN Accenture PLC Class A | 0.72% | 114,814 | $34.3M | Add +8.2% |
| FWRD Forward Air Corp. | 0.70% | 1,359,043 | $33.4M | Add +10.5% |
| MCD McDonald's Corp. | 0.66% | 108,059 | $31.6M | Reduce -0.8% |
| BSV Vanguard Short-Term Bond ETF | 0.66% | 399,764 | $31.5M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 0.65% | 175,171 | $31.1M | Add +6.3% |
| AMT American Tower Corp. | 0.64% | 138,873 | $30.7M | Add +2.5% |
| MOAT Vaneck Morningstar Wide Moat | 0.62% | 318,291 | $29.9M | Add +6.3% |
| NVDA Nvidia Corp. | 0.60% | 182,703 | $28.9M | Add +3.5% |
| NN Nextnav Inc. | 0.59% | 1,875,361 | $28.5M | Reduce -16.2% |
| JAAA Janus Henderson Aaa Clo ETF | 0.58% | 546,613 | $27.7M | Add +11.9% |
| MAR Marriott International Class A | 0.57% | 99,768 | $27.3M | Add +1.7% |
| GPRE Green Plains Inc. | 0.55% | 4,353,413 | $26.3M | Add +0.4% |
| WY Weyerhaeuser Co. | 0.49% | 914,134 | $23.5M | Add +1.0% |
| MAGN Magnera Corp. | 0.49% | 1,927,343 | $23.3M | Add +15.0% |
| SCHX Schwab US Large-Cap ETF | 0.48% | 935,361 | $22.9M | Add +9.8% |
| KVUE Kenvue Inc. | 0.47% | 1,086,165 | $22.7M | Add +34.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 179,430 | $22.3M | Add +20.0% |
| LIN Linde PLC | 0.46% | 46,565 | $21.8M | Add +3.1% |
| QCOM Qualcomm Inc. | 0.45% | 134,654 | $21.4M | Add +11.0% |
| SF Stifel Financial Corp. | 0.43% | 197,212 | $20.5M | Add +45.1% |
| FBIN Fortune Brands Innovations I | 0.41% | 385,000 | $19.8M | Add +27.6% |
| QQQM Invesco Nasdaq 100 ETF | 0.40% | 83,870 | $19.0M | Reduce -0.8% |
| UGI Ugi Corp. | 0.40% | 522,382 | $19.0M | Add +3.3% |
| PBI Pitney Bowes Inc. | 0.38% | 1,670,000 | $18.2M | New |
| CRH CRH PLC | 0.38% | 198,364 | $18.2M | Add +3.3% |
| TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN | 0.38% | 821,290 | $18.1M | No change |
| WH Wyndham Hotels & Resorts Inc. | 0.37% | 217,534 | $17.7M | Add +4.1% |
| ARES Ares Management Corp. Class A | 0.37% | 101,435 | $17.6M | Add +29.7% |
| CXT Crane NXT Co. | 0.36% | 322,393 | $17.4M | Add +10.3% |
| MA Mastercard Inc. Class A | 0.36% | 30,536 | $17.2M | Add +0.7% |
| COST Costco Wholesale Corp. | 0.36% | 17,317 | $17.1M | Reduce -3.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 204,474 | $17.1M | Add +8.0% |
| STIP iShares 0-5 Year Tips Bond E | 0.36% | 165,717 | $17.1M | Reduce -0.2% |
| GOOGL Alphabet Inc. Class A | 0.35% | 94,701 | $16.7M | Add +1.1% |
| ECG Everus Construction Group | 0.33% | 252,185 | $16.0M | Add +0.8% |
| RTX RTX Corp. | 0.32% | 106,607 | $15.6M | Reduce -2.2% |
| KD Kyndryl Holdings Inc. | 0.32% | 366,881 | $15.4M | Add +0.2% |
| ARMK Aramark | 0.31% | 360,040 | $15.1M | Add +1.2% |
| OEF iShares S&P 100 ETF | 0.31% | 48,090 | $14.6M | Reduce -0.0% |
| CR Crane Co. | 0.30% | 75,530 | $14.3M | Add +1.8% |
| VIG Vanguard Dividend Apprec ETF | 0.29% | 68,583 | $14.0M | Add +7.3% |
| K Kellanova | 0.29% | 175,886 | $14.0M | Reduce -0.7% |
| V Visa Inc. Class A | 0.29% | 39,298 | $14.0M | Reduce -2.6% |
| PCH Potlatchdeltic Corp. | 0.29% | 360,217 | $13.8M | Add +4.0% |
| IJR iShares Core S&P Small-Cap E | 0.29% | 125,468 | $13.7M | Add +2.8% |
| ATMU Atmus Filtration Technologie | 0.28% | 374,045 | $13.6M | Add +1.0% |
| BKNG Booking Holdings Inc. | 0.28% | 2,332 | $13.5M | Add +1.3% |
| IJH iShares Core S&P Midcap ETF | 0.28% | 213,539 | $13.2M | Reduce -1.2% |
| VXF Vanguard Extended Market ETF | 0.27% | 68,085 | $13.1M | Reduce -7.5% |
| RWJ Invesco S&P Smallcap 600 | 0.26% | 288,126 | $12.5M | Reduce -8.0% |
| PPLI People Inc. filed as IAC INC | 0.26% | 331,428 | $12.4M | Add +6.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.26% | 63,306 | $12.3M | Add +2.5% |
| WMT Walmart Inc. | 0.26% | 126,136 | $12.3M | Reduce -4.0% |
| NPKI NPK International Inc. | 0.26% | 1,443,980 | $12.3M | Add +3.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.25% | 19,633 | $12.1M | Reduce -1.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.25% | 260,429 | $12.0M | Add +4.7% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.25% | 219,417 | $11.9M | Add +6.5% |
| ELEEF Element Fleet Management Cor | 0.25% | 475,625 | $11.9M | Reduce -5.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.24% | 41,700 | $11.7M | Reduce -1.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.24% | 180,174 | $11.4M | Add +4.7% |
| NWE Northwestern Energy Group Inc. | 0.23% | 219,385 | $11.3M | Reduce -0.9% |
| ANGI Angi Inc. | 0.23% | 732,295 | $11.2M | New |
| BX Blackstone Inc. | 0.23% | 72,563 | $10.9M | Add +5.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.22% | 18,998 | $10.5M | Add +9.6% |
| RYN Rayonier Inc. | 0.22% | 472,278 | $10.5M | Add +26.6% |
| KMLM Kraneshares MT LC MN FT Id S | 0.21% | 386,976 | $10.2M | Add +9.8% |
| APG Api Group Corp. | 0.21% | 197,771 | $10.1M | Reduce -1.7% |
| VNT Vontier Corp. | 0.21% | 273,025 | $10.1M | Add +0.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.21% | 107,186 | $10.1M | Add +10.7% |
| MDU Mdu Resources Group Inc. | 0.21% | 603,055 | $10.1M | Add +1.2% |
| PCAR Paccar Inc. | 0.21% | 105,201 | $10.0M | Add +11.9% |
Options reported separately and not counted above: ISHARES TR puts ($7.0M), NORFOLK SOUTHN CORP calls ($5.4M), CSX CORP calls ($2.3M), AMCOR PLC calls ($2.2M), VEEVA SYS INC calls ($1.8M), ISHARES TR calls ($1.1M), RB GLOBAL INC calls ($1.0M), STATE STR SPDR S&P 500 ETF T puts ($659K), ISHARES TR puts ($628K), STATE STR SPDR S&P 500 ETF T calls ($395K), NEXTNAV INC calls ($312K), SELECT SECTOR SPDR TR puts ($247K), and 8 more.
Other holdings (78): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NNAVW Nextnav Inc. | *W EXP 99/99/999 | 161,910 | $1.0M | No change |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 500 | $24K | No change |
| OXFORD SQUARE CAPITAL CO (OXSQ 6.25 04/30/26) | COM | 745 | $19K | Reduce -50.0% |
| PHYWF PHYT WS -CW | *W EXP 05/03/202 | 19,800 | $9K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 171 | $4K | No change |
| AMODW Insight Acquisition Co. -CW23 | *W EXP 12/13/202 | 28,000 | $3K | No change |
| BROOKFIELD PROP PFD LP (BPY 6.25 07/26/81) | Common Stock | 200 | $3K | No change |
| ABVWF Above Food Ingredients- 29 | *W EXP 06/28/202 | 44,735 | $2K | No change |
| HPAIW Helport AI Ltd. -29 | *W EXP 03/31/202 | 10,449 | $2K | No change |
| IXQWF Ix Acquisition Corp. -CW26 | *W EXP 07/31/202 | 25,000 | $2K | No change |
| TLGWF TLGY Acquisition Corp. -23 | *W EXP 11/09/202 | 5,000 | $1K | No change |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 19,700 | $924 | No change |
| TOYWF Toyo Co. Ltd. -CW | WT | 8,800 | $880 | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 24,522 | $866 | No change |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | 10,125 | $811 | New |
| BDMDW Baird Medical Investment -28 | *W EXP 10/01/202 | 10,000 | $801 | No change |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 | 6,000 | $798 | New |
| TETWF Technology & Telecommuni -27 | *W EXP 04/15/202 | 51,800 | $777 | No change |
| ANNAW Aleanna Inc. Class A - 29 | *W EXP 12/13/202 | 3,294 | $774 | No change |
| OPTXW Omnilit Acquisition Class A -23 | *W EXP 99/99/999 | 7,826 | $594 | No change |
| DSAQW Direct Sel -CW28 | *W EXP 09/30/202 | 13,850 | $554 | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 17,548 | $528 | No change |
| CNDAW Concord Acquisition A -CW28 | *W EXP 99/99/999 | 6,450 | $516 | No change |
| CMCWF Capitalworks Emerging-CW23 | *W EXP 99/99/999 | 5,000 | $500 | No change |
| RMCOW American Acq Class A -CW26 | *W EXP 10/31/202 | 16,000 | $474 | No change |
| TVGNW Semper Paratus Acqu -CW26 | *W EXP 02/14/202 | 6,204 | $434 | No change |
| NVNWF Nvni Group Ltd.-28 | *W EXP 11/01/202 | 8,400 | $433 | No change |
| CDAWF Compass Digital Acq -CW28 | *W EXP 99/99/999 | 8,154 | $409 | No change |
| FASWF Stonebridge Acquisition-CW23 | *W EXP 04/02/202 | 7,500 | $374 | No change |
| CRPWF Carbon Revolution PLC | *W EXP 99/99/999 | 20,339 | $358 | No change |
| ZEOWW Esgen Acquisition A -CW23 | *W EXP 03/13/202 | 5,050 | $323 | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 9,996 | $288 | No change |
| MSAIW Sportsmap Tech Acq -CW27 | *W EXP 12/19/202 | 8,347 | $270 | No change |
| MGTEW Marblegate Capital Corp. - 30 | WT | 2,500 | $262 | New |
| CTSWF Cactus Acquisition Corp.-CW23 | *W EXP 08/17/202 | 10,850 | $217 | No change |
| RCKTW Rocket Pharmaceuticals in-27 | *W EXP 09/02/202 | 6,000 | $204 | No change |
| LAKESHORE BIOPHARMA CO LTD | *W EXP 03/15/202 | 5,050 | $201 | No change |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 3,175 | $173 | No change |
| APLMW Apollomics Inc.-27 | *W EXP 04/01/202 | 3,700 | $164 | No change |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | 4,366 | $113 | No change |
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | 15,273 | $105 | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 5,000 | $101 | No change |
| ATEKW Athena Technology Acq -CW23 | *W EXP 10/17/202 | 2,500 | $100 | No change |
| XAGEW Alpha Healthcare Acquis-CW27 | *W EXP 07/12/202 | 2,791 | $85 | No change |
| HLGNW Heliogen Inc. -CW28 | *W EXP 12/30/202 | 14,004 | $84 | No change |
| SOARW Volato Group Inc. - CW23 | *W EXP 12/04/202 | 3,250 | $83 | No change |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | 2,607 | $83 | No change |
| INTEW Integral Acquisition -CW28 | *W EXP 05/31/202 | 2,500 | $75 | No change |
| ZCARW Zoomcar Holdings Inc. | *W EXP 05/31/202 | 5,050 | $71 | No change |
| SNAXW Stryve Food Inc.-CW24 | *W EXP 07/20/202 | 17,300 | $69 | No change |
| CEROW Phoenix Biotech Acq -CW26 | *W EXP 02/13/202 | 2,500 | $59 | No change |
| GROVW Grove Collaborat Hold-CW26 | *W EXP 06/16/202 | 6,139 | $53 | No change |
| TNMWF TNL Mediagene-28 | WT | 5,000 | $41 | No change |
| LGNDZ Ligand Pharma-Roche CVR | COM | 12,000 | $30 | New |
| PITWF Heramba Electric PLC-28 | *W EXP 07/26/202 | 4,500 | $10 | No change |
| CNGLW Canna-Global Acquisit -CW23 | *W EXP 99/99/999 | 59,000 | $6 | No change |
| SBIGW Springbig Holdings Incw | *W EXP 06/14/202 | 8,600 | $4 | No change |
| NUVWQ Holdco Nuvo Group DG Ltd. | *W EXP 05/01/202 | 5,000 | $3 | No change |
| SWSSW Springwater Special Sit-CW26 | *W EXP 12/01/202 | 11,000 | $1 | No change |
| WEJWF Wejo Group Ltd. -CW28 | *W EXP 11/18/202 | 12,698 | $1 | No change |
| ZLSWF Zalatoris II Acquisition Cor | *W EXP 99/99/999 | 12,558 | $1 | No change |
| GMFIW Aetherium Acquisition A -28 | *W EXP 99/99/999 | 70,000 | $0 | No change |
| BHLWQ Benson Hill Inc. -CW25 | *W EXP 09/29/202 | 2,600 | $0 | No change |
| ELIWQ TLG Acquisition One A -CW28 | *W EXP 07/31/202 | 5,298 | $0 | No change |
| GETAROUND INC | *W EXP 03/09/202 | 3,200 | $0 | No change |
| IPVF.WS Interprivate III Fin A -CW27 | *W EXP 99/99/999 | 6,540 | $0 | No change |
| RBTCW Founder Spac -CW23 | *W EXP 04/01/202 | 8,150 | $0 | No change |
| SOMALOGIC INC | *W EXP 08/31/202 | 4,360 | $0 | No change |
| SPECW Perception Capital II -CW28 | *W EXP 10/17/202 | 2,500 | $0 | No change |
| CPTKW Crown Proptech Acq A -CW27 | *W EXP 99/99/999 | 12,098 | $0 | No change |
| DPCSW DP Cap Acquisition A -CW23 | *W EXP 11/08/202 | 5,200 | $0 | No change |
| EVE.WS Eve Mobility Acquisit A -23 | *W EXP 12/31/202 | 6,000 | $0 | No change |
| IFIN.WS 1NFINT Acquisition Corp.-CW27 | *W EXP 99/99/999 | 20,213 | $0 | No change |
| LMDWF Lumiradx Ltd. -CW26 | *W EXP 09/28/202 | 15,470 | $0 | No change |
| NORTHERN REVIVAL ACQUISITION | *W EXP 01/31/202 | 17,542 | $0 | No change |
| ROSS.WS Ross Acquisition Corp. -CW26 | *W EXP 02/01/202 | 32,365 | $0 | No change |
| SLNWF Selina Hospitality PLC-27 | *W EXP 10/27/202 | 25,263 | $0 | No change |
| SACWF Spree Acquisition 1 Ltd. -23 | *W EXP 12/22/202 | 4,300 | $0 | No change |
Lines left out (4) · $108 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| RL Ralph Lauren Corp. | CL A | 0 | $72 |
| FNCL Fidelity MSCI Financial Indx | MSCI FINLS IDX | 0 | $25 |
| VTIP Vanguard Short-Term Tips | STRM INFPROIDX | 0 | $7 |
| QMOM Alpha US Quant Mom ETF | US QUAN MOMENTUM | 0 | $4 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $4.8B.
Portfolio Sells Q1 2025 → Q2 2025
| X United States Steel Corp. | Sold out | 0.00% | −2.49 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −1.30 |
| UNH Unitedhealth Group Inc. | Reduce -73.5% | 0.20% | −1.14 |
| RBA RB Global Inc. | Reduce -18.2% | 1.88% | −0.45 |
| AAPL Apple Inc. | Reduce -1.3% | 2.40% | −0.42 |
| ARCB Arcbest Corp. | Sold out | 0.00% | −0.32 |
| ISHARES TR | Sold out | 0.00% | −0.26 |
| NOMD Nomad Foods Ltd. | Reduce -65.5% | 0.09% | −0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.6% | 0.99% | −0.20 |
| NCMI National Cinemedia Inc. | Reduce -49.6% | 0.10% | −0.15 |
| ENOV Enovis Corp. | Reduce -52.5% | 0.08% | −0.13 |
| LAKE Lakeland Industries Inc. | Reduce -81.2% | 0.01% | −0.11 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 0.73% | −0.11 |
| BERRY GLOBAL GROUP INC | Sold out | 0.00% | −0.11 |
| MCD McDonald's Corp. | Reduce -0.8% | 0.66% | −0.10 |
| ROCK Gibraltar Industries Inc. | Reduce -35.7% | 0.15% | −0.10 |
| HELE Helen of Troy Ltd. | Sold out | 0.00% | −0.10 |
| SEG Seaport Entertainment Group | Reduce -68.3% | 0.03% | −0.10 |
| RB GLOBAL INC | Sold out | 0.00% | −0.09 |
| ASH Ashland Inc. | Reduce -99.5% | 0.00% | −0.09 |
| HHH Howard Hughes Holdings Inc. | Reduce -17.2% | 0.18% | −0.07 |
| AIOT Powerfleet Inc. | Sold out | 0.00% | −0.07 |
| NEOG Neogen Corp. | Reduce -100.0% | 0.00% | −0.07 |
| HD Home Depot Inc. | Reduce -0.1% | 0.91% | −0.06 |
| INBK First Internet Bancorp | Reduce -71.9% | 0.02% | −0.06 |
| STATE STR SPDR S&P 500 ETF T | Sold out | 0.00% | −0.06 |
| MMM 3M Co. | Reduce -39.6% | 0.08% | −0.06 |
| PRMB Primo Brands Corp. | Reduce -14.8% | 0.12% | −0.06 |
| SPB Spectrum Brands Holdings Inc. | Sold out | 0.00% | −0.06 |
| BSV Vanguard Short-Term Bond ETF | Reduce -2.1% | 0.66% | −0.06 |
| EMBC Embecta Corp. | Reduce -44.4% | 0.04% | −0.06 |
| MBC Masterbrand Inc. | Reduce -2.8% | 0.17% | −0.05 |
| NGVT Ingevity Corp. | Reduce -35.3% | 0.10% | −0.05 |
| NWE Northwestern Energy Group Inc. | Reduce -0.9% | 0.23% | −0.05 |
| RGBD Regional Brands Inc. | Reduce -7.7% | 0.02% | −0.05 |
| AMGN Amgen Inc. | Reduce -3.2% | 0.21% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -12.8% | 0.19% | −0.05 |
| CTO Cto Realty Growth Inc. | Reduce -30.6% | 0.06% | −0.05 |
| OBDC Blue Owl Capital Corp. | Reduce -90.6% | 0.01% | −0.05 |
| RSTK REGIONAL BRANDS INC COM | Sold out | 0.00% | −0.04 |
| PHX PHX Minerals Inc. | Sold out | 0.00% | −0.04 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.04 |
| CVCO Cavco Industries Inc. | Reduce -10.3% | 0.08% | −0.03 |
| K Kellanova | Reduce -0.7% | 0.29% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 0.18% | −0.03 |
| NSRGY Nestle SA-Spons ADR | Reduce -11.7% | 0.14% | −0.03 |
| FWRG First Watch Restaurant Group | Reduce -66.8% | 0.01% | −0.03 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Sold out | 0.00% | −0.03 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -0.2% | 0.36% | −0.03 |
| NKE Nike Inc. Class B | Reduce -34.5% | 0.06% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| CSX CSX Corp. | Add +4746.1% | 1.38% | +1.35 |
| SEE Sealed Air Corp. | New | 1.23% | +1.23 |
| NSC Norfolk Southern Corp. | Add +18.8% | 6.11% | +1.01 |
| AMCR Amcor PLC | Add +441063.8% | 0.85% | +0.85 |
| META Meta Platforms Inc. Class A | Add +231.6% | 0.95% | +0.71 |
| AMZN Amazon.com Inc. | Add +77.8% | 1.36% | +0.65 |
| MSFT Microsoft Corp. | Add +0.0% | 2.54% | +0.49 |
| PBI Pitney Bowes Inc. | New | 0.38% | +0.38 |
| ETN Eaton Corp. PLC | Add +1.2% | 1.47% | +0.29 |
| ANGI Angi Inc. | New | 0.23% | +0.23 |
| CVGW Calavo Growers Inc. | New | 0.20% | +0.20 |
| NVDA Nvidia Corp. | Add +3.5% | 0.60% | +0.18 |
| SHYF The Shyft Group Inc. | Add +1042.8% | 0.16% | +0.15 |
| FWRD Forward Air Corp. | Add +10.5% | 0.70% | +0.14 |
| SF Stifel Financial Corp. | Add +45.1% | 0.43% | +0.14 |
| DIS The Walt Disney Co. | Add +20.0% | 0.46% | +0.13 |
| ECG Everus Construction Group | Add +0.8% | 0.33% | +0.13 |
| ARES Ares Management Corp. Class A | Add +29.7% | 0.37% | +0.11 |
| MIDD Middleby Corp. | Add +213.8% | 0.17% | +0.11 |
| NDSN Nordson Corp. | Add +318.9% | 0.13% | +0.10 |
| ITOT iShares Core S&P Total U.S. | Add +1.6% | 1.86% | +0.09 |
| PHIN Phinia Inc. | Add +94.0% | 0.18% | +0.09 |
| IVV iShares Core S&P 500 ETF | Add +4.4% | 1.14% | +0.08 |
| GPGI Gpgi Inc. | Add +104.8% | 0.13% | +0.08 |
| GPRE Green Plains Inc. | Add +0.4% | 0.55% | +0.08 |
| VYX NCR Voyix Corp. | New | 0.08% | +0.08 |
| NPKI NPK International Inc. | Add +3.5% | 0.26% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +6.3% | 0.65% | +0.07 |
| EZPW Ezcorp Inc. Class A | Add +953.5% | 0.08% | +0.07 |
| KD Kyndryl Holdings Inc. | Add +0.2% | 0.32% | +0.06 |
| ALIT Alight Inc. Class A | Add +63.3% | 0.19% | +0.06 |
| AMAT Applied Materials Inc. | Add +49.8% | 0.13% | +0.06 |
| CNDT Conduent Inc. | New | 0.06% | +0.06 |
| SCHX Schwab US Large-Cap ETF | Add +9.8% | 0.48% | +0.06 |
| CNNE Cannae Holdings Inc. | Add +110.1% | 0.10% | +0.06 |
| TTAM Titan America SA | New | 0.06% | +0.06 |
| BAC Bank of America Corp. | Add +1.2% | 0.81% | +0.05 |
| HON Honeywell International Inc. | Add +2.4% | 1.04% | +0.05 |
| FTV Fortive Corp. | Add +975.5% | 0.06% | +0.05 |
| ORCL Oracle Corp. | Add +0.8% | 0.16% | +0.05 |
| MRP Millrose Properties | Add +65.9% | 0.13% | +0.05 |
| CMDB Costamare Bulkers Holding | New | 0.05% | +0.05 |
| RAL Ralliant Corp. | Add +2838.3% | 0.05% | +0.05 |
| PRG Prog Holdings Inc. | New | 0.05% | +0.05 |
| MAR Marriott International Class A | Add +1.7% | 0.57% | +0.05 |
| COF Capital One Financial Corp. | Add +13823.0% | 0.05% | +0.05 |
| CR Crane Co. | Add +1.8% | 0.30% | +0.05 |
| BKNG Booking Holdings Inc. | Add +1.3% | 0.28% | +0.04 |
| HLI Houlihan Lokey Inc. | Add +0.3% | 1.06% | +0.04 |
| KVUE Kenvue Inc. | Add +34.7% | 0.47% | +0.04 |
Options Activity Q1 2025 → Q2 2025
| ISHARES TR | put | New | 9,600 | $7.0M |
| NORFOLK SOUTHN CORP | call | New | 5,768 | $5.4M |
| CSX CORP | call | New | 20,025 | $2.3M |
| AMCOR PLC | call | New | 6,322 | $2.2M |
| VEEVA SYS INC | call | New | 237 | $1.8M |
| ISHARES TR | call | New | 198 | $1.1M |
| RB GLOBAL INC | call | New | 775 | $1.0M |
| STATE STR SPDR S&P 500 ETF T | put | New | 1,087 | $659K |
| ISHARES TR | put | New | 7,349 | $628K |
| STATE STR SPDR S&P 500 ETF T | call | New | 18 | $395K |
| NEXTNAV INC | call | New | 611 | $312K |
| SELECT SECTOR SPDR TR | put | New | 3,200 | $247K |
| PROSHARES TR | put | New | 20 | $167K |
| WALGREENS BOOTS ALLIANCE INC | call | New | 800 | $148K |
| APPLE INC | put | New | 21 | $54K |
| UNITEDHEALTH GROUP INC | put | New | 41 | $38K |
| UNITEDHEALTH GROUP INC | call | New | 41 | $34K |
| BROADCOM INC | put | New | 20 | $18K |
| ICAHN ENTERPRISES LP | call | New | 101 | $2K |
| COMTECH TELECOMMUNICATIONS C | call | New | 200 | $500 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| OXFORD SQUARE CAPITAL CO (OXSQ 6.25 04/30/26) | COM | Reduce -50.0% | 745 | $19K |
| SCAGW Scage Future -30 | *W EXP 05/15/203 | New | 10,125 | $811 |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 | New | 6,000 | $798 |
| GATEW Marblegate Acquisition -CW22 | *W EXP 08/31/202 | Sold out | 2,500 | $400before exit |
| BFQWF Battery Future Acquis A -23 | *W EXP 99/99/999 | Sold out | 6,000 | $360before exit |
| FNVWF Finnovate Acquisition -CW23 | *W EXP 09/30/202 | Sold out | 10,125 | $304before exit |
| BHACW Crixus BH3 Acquisition -CW26 | *W EXP 99/99/999 | Sold out | 9,800 | $294before exit |
| MGTEW Marblegate Capital Corp. - 30 | WT | New | 2,500 | $262 |
| RL Ralph Lauren Corp. | CL A | New | 0 | $72 |
| LGNDZ Ligand Pharma-Roche CVR | COM | New | 12,000 | $30 |
| NSTDW Northern Star Inv Class A -CW27 | *W EXP 02/25/202 | Sold out | 2,700 | $7before exit |
| PERCEPTION CAPITAL CORP III | *W EXP 99/99/999 | Sold out | 3,333 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,972 | $5.2B | LKQ, VOO, COLD, AAPL, AVGO |
| Q1 2026 | 2,390 | $4.7B | LKQ, AAPL, COLD, AVGO, VOO |
| Q4 2025 | 2,438 | $4.8B | LKQ, AVGO, AAPL, COLD, VOO |
| Q3 2025 | 1,954 | $5.0B | NSC, LKQ, AVGO, AAPL, VOO |
| Q2 2025 | 1,949 | $4.8B | NSC, LKQ, AVGO, VOO, MSFT |
| Q1 2025 | 1,766 | $4.5B | LKQ, NSC, AAPL, VOO, X |
| Q4 2024 | 1,801 | $4.5B | NSC, AAPL, AVGO, VOO, BERY |
| Q3 2024 | 1,747 | $4.4B | NSC, BERY, AAPL, VOO, AVGO |
| Q2 2024 | 1,790 | $4.0B | NSC, VOO, AAPL, BERY, AVGO |
| Q1 2024 | 1,686 | $4.4B | NSC, RBA, ELAN, VOO, AVGO |