Asio Capital, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 17, 2025), Asio Capital, LLC reported 109 stock positions worth $600.2 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 10.9% of the portfolio, followed by Nvidia (NVDA, 4.4%) and JPMorgan Municipal ETF (JMUB, 4.1%). Compared with Q1 2025, it opened 11 new positions, sold out of 8, added to 69 and reduced 23. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +26%) and the biggest sale iShares National Muni Bond E (MUB, shares −62%).

Most Recent 13F
Q2 2026
Location
LEXINGTON, KY
CIK
0001803291
Portfolio Value
$600.2M (Q2 2025)
SEC Filing
0001803291-25-000003 ↗ filed Jul 17, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $471.1M Q1 2024 Q2 2024: $488.6M Q2 2024 Q3 2024: $526.8M Q3 2024 Q4 2024: $529.4M Q4 2024 Q1 2025: $517.4M Q1 2025 Q2 2025: $600.2M $600.2M Q2 2025 Q3 2025: $668.0M Q3 2025 Q4 2025: $708.8M Q4 2025 Q1 2026: $712.1M Q1 2026 Q2 2026: $780.9M Q2 2026

Holdings 109 stocks · $600.2M
IVV iShares Core S&P 500 ETF 10.90% 105,415 $65.5M Add +25.6%
NVDA Nvidia Corp. 4.43% 168,213 $26.6M Add +1.7%
JMUB JPMorgan Municipal ETF 4.09% 494,921 $24.6M Reduce -12.3%
META Meta Platforms Inc. Class A 2.98% 24,236 $17.9M Add +3.4%
MSFT Microsoft Corp. 2.69% 32,507 $16.2M Add +2.3%
AVGO Broadcom Inc. 2.50% 54,459 $15.0M Add +2.0%
GOOG Alphabet Inc. Class C 2.45% 82,741 $14.7M Reduce -0.7%
AMZN Amazon.com Inc. 2.27% 62,023 $13.6M Add +6.2%
VXF Vanguard Extended Market ETF 2.07% 64,564 $12.4M Add +2.9%
TMSL T.rowe PRC Small-Mid Cap ETF 2.06% 377,121 $12.4M Add +67.7%
VCSH Vanguard S/T Corp. Bond ETF 2.00% 151,370 $12.0M Reduce -22.6%
AAPL Apple Inc. 1.97% 57,535 $11.8M Add +3.4%
JMBS Janus Henderson Mortg Backed 1.95% 259,653 $11.7M Add +4.0%
PANW Palo Alto Networks Inc. 1.79% 52,492 $10.7M Add +1.6%
UBER Uber Technologies Inc. 1.74% 111,847 $10.4M Add +1.8%
IJR iShares Core S&P Small-Cap E 1.74% 95,402 $10.4M Reduce -36.4%
VTEB Vanguard Tax-Exempt Bond ETF 1.70% 208,180 $10.2M New
NFLX Netflix Inc. 1.62% 7,275 $9.7M Reduce -16.8%
IGIB iShares 5-10Y Inv Grade Corp. 1.57% 176,401 $9.4M Add +53.5%
V Visa Inc. Class A 1.50% 25,348 $9.0M Add +3.6%
GEV GE Vernova Inc. 1.41% 15,941 $8.4M Add +4.5%
MUB iShares National Muni Bond E 1.38% 79,285 $8.3M Reduce -62.0%
CRM Salesforce Inc. 1.17% 25,805 $7.0M Add +3.1%
C Citigroup Inc. 1.14% 80,275 $6.8M Add +25.2%
MELI MercadoLibre Inc. 1.10% 2,533 $6.6M Add +2.4%
HCA HCA Healthcare Inc. 1.10% 17,209 $6.6M Add +0.9%
UNH Unitedhealth Group Inc. 1.06% 20,440 $6.4M Add +31.0%
DECK Deckers Outdoor Corp. 1.02% 59,122 $6.1M Add +3.7%
ELV Elevance Health Inc. 1.00% 15,371 $6.0M Add +7.1%
FLMI Franklin Dynamic Municipal B 0.98% 243,270 $5.9M New
MINO PIMCO Municipal Income Oppor 0.98% 133,265 $5.9M New
ASML ASML Holding NV-NY Reg SHS 0.94% 7,037 $5.6M Add +7.5%
CRH CRH PLC 0.93% 60,546 $5.6M Add +2.9%
APH Amphenol Corp. Class A 0.90% 54,630 $5.4M Add +1.2%
PWR Quanta Services Inc. 0.89% 14,112 $5.3M Add +3.3%
BINC iShares Flex I A ETF-Usd Inc. 0.88% 100,450 $5.3M Add +13.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.86% 109,398 $5.2M Reduce -21.5%
OMF Onemain Holdings Inc. 0.85% 89,472 $5.1M Add +8.1%
BKNG Booking Holdings Inc. 0.84% 873 $5.1M Add +5.4%
DELL Dell Technologies -C 0.84% 41,014 $5.0M Add +20.6%
FANG Diamondback Energy Inc. 0.83% 36,399 $5.0M Add +6.0%
CRWD CrowdStrike Holdings Inc. Class A 0.83% 9,736 $5.0M Add +42.0%
TSCO Tractor Supply Company 0.82% 93,543 $4.9M Add +3.3%
CFG Citizens Financial Group 0.82% 110,211 $4.9M Add +6.1%
LOW Lowe's Cos Inc. 0.82% 22,125 $4.9M Add +4.4%
BLDR Builders Firstsource Inc. 0.82% 42,017 $4.9M Add +138.0%
TMO Thermo Fisher Scientific Inc. 0.81% 11,969 $4.9M Add +2088.1%
SNV Synovus Financial Corp. 0.78% 89,259 $4.7M Add +1.7%
LLY Eli Lilly & Co. 0.77% 5,914 $4.6M Add +11.8%
ADBE Adobe Inc. 0.75% 11,705 $4.5M Reduce -9.1%
TEL Te Connectivity PLC 0.75% 26,786 $4.5M Add +3.8%
KKR KKR & Co. Inc. 0.73% 32,943 $4.4M Add +64.2%
GEHC GE Healthcare Technology 0.69% 56,290 $4.2M Add +3.7%
WFC Wells Fargo & Co. 0.68% 51,146 $4.1M Add +3.6%
AZN Astrazeneca PLC-Spons ADR 0.67% 57,323 $4.0M Add +5.8%
IR Ingersoll-Rand Inc. 0.66% 47,643 $4.0M Add +4.0%
FDX FedEx Corp. 0.64% 16,810 $3.8M Reduce -26.4%
CROX Crocs Inc. 0.63% 37,212 $3.8M Add +4.2%
LRCX Lam Research Corp. 0.63% 38,659 $3.8M Add +29.0%
FISV Fiserv Inc. 0.62% 21,743 $3.7M Add +45.6%
ACN Accenture PLC Class A 0.61% 12,170 $3.6M Add +5.4%
NEE Nextera Energy Inc. 0.60% 51,735 $3.6M Add +6.0%
AXP American Express Co. 0.56% 10,461 $3.3M New
GS Goldman Sachs Group Inc. 0.53% 4,521 $3.2M New
PH Parker Hannifin Corp. 0.53% 4,514 $3.2M New
SNPS Synopsys Inc. 0.52% 6,100 $3.1M Add +7.2%
JNJ Johnson & Johnson 0.52% 20,357 $3.1M Reduce -11.5%
DKNG Draftkings Inc. Class A 0.52% 72,183 $3.1M Add +14.4%
MS Morgan Stanley 0.50% 21,395 $3.0M Add +1.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.48% 23,446 $2.9M Add +11.0%
SHEL Shell PLC-ADR 0.45% 38,523 $2.7M Add +5.8%
JPM JPMorgan Chase & Co. 0.45% 9,328 $2.7M Add +3.2%
MEDP Medpace Holdings Inc. 0.44% 8,494 $2.7M Add +16.9%
DUK Duke Energy Corp. 0.41% 20,800 $2.5M Add +13.1%
EXP Eagle Materials Inc. 0.38% 11,164 $2.3M Add +6.5%
PNC PNC Financial Services Group 0.36% 11,720 $2.2M No change
PG The Procter & Gamble Co. 0.36% 13,477 $2.1M Add +2.3%
ONON On Holding AG Class A filed as ON HLDG AG 0.36% 41,043 $2.1M Add +6.4%
JPST JPMorgan Ultra-Short Income 0.30% 35,000 $1.8M New
XOM Exxon Mobil Corp. 0.21% 11,673 $1.3M Reduce -62.1%
ABBV Abbvie Inc. 0.16% 5,169 $959K Reduce -0.3%
PEP Pepsico Inc. 0.16% 7,230 $955K Reduce -76.7%
COST Costco Wholesale Corp. 0.12% 710 $703K Reduce -2.6%
HD Home Depot Inc. 0.11% 1,765 $647K Reduce -0.8%
ET Energy Transfer LP 0.10% 32,000 $580K Reduce -12.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 889 $549K Add +38.7%
RSP Invesco S&P 500 Equal Weight 0.07% 2,451 $445K No change
GOOGL Alphabet Inc. Class A 0.07% 2,408 $424K Add +1.4%
SCHG Schwab US Large-Cap Growth 0.07% 13,716 $401K No change
BRK.B Berkshire Hathaway Inc. Class B 0.07% 809 $393K Add +13.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 3,026 $374K Add +14.2%
NVO Novo-Nordisk A/S-Spons ADR 0.06% 5,186 $358K Reduce -2.8%
WMT Walmart Inc. 0.06% 3,619 $354K Add +23.2%
ADP Automatic Data Processing 0.05% 1,012 $314K Reduce -1.5%
VIG Vanguard Dividend Apprec ETF 0.05% 1,516 $312K No change
SHW The Sherwin-Williams Co. 0.05% 906 $311K Reduce -1.1%
IWM iShares Russell 2000 ETF 0.05% 1,418 $306K Reduce -1.7%
ORCL Oracle Corp. 0.05% 1,320 $289K New
LHX L3HARRIS Technologies Inc. 0.05% 1,122 $281K Reduce -3.4%
LIN Linde PLC 0.05% 592 $278K Add +9.2%

Show all 109 holdings

Portfolio Sells Q1 2025 → Q2 2025
MUB iShares National Muni Bond E Reduce -62.0% 1.38% −2.88
JMUB JPMorgan Municipal ETF Reduce -12.3% 4.09% −1.36
IJR iShares Core S&P Small-Cap E Reduce -36.4% 1.74% −1.30
VCSH Vanguard S/T Corp. Bond ETF Reduce -22.6% 2.00% −0.98
PEP Pepsico Inc. Reduce -76.7% 0.16% −0.74
NOC Northrop Grumman Corp. Sold out 0.00% −0.62
AMD Advanced Micro Devices Sold out 0.00% −0.61
XOM Exxon Mobil Corp. Reduce -62.1% 0.21% −0.50
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.49
HON Honeywell International Inc. Sold out 0.00% −0.47
FDX FedEx Corp. Reduce -26.4% 0.64% −0.44
TFC Truist Financial Corp. Sold out 0.00% −0.42
FITB Fifth Third Bancorp Sold out 0.00% −0.40
BAC Bank of America Corp. Reduce -21.5% 0.86% −0.26
JNJ Johnson & Johnson Reduce -11.5% 0.52% −0.22
ADBE Adobe Inc. Reduce -9.1% 0.75% −0.20
HYMB SS SPDR N Ice HY Muni ETF Sold out 0.00% −0.19
GOOG Alphabet Inc. Class C Reduce -0.7% 2.45% −0.07
ABBV Abbvie Inc. Reduce -0.3% 0.16% −0.05
DVY iShares Select Dividend ETF Sold out 0.00% −0.04
ET Energy Transfer LP Reduce -12.3% 0.10% −0.03
HD Home Depot Inc. Reduce -0.8% 0.11% −0.02
COST Costco Wholesale Corp. Reduce -2.6% 0.12% −0.02
NVO Novo-Nordisk A/S-Spons ADR Reduce -2.8% 0.06% −0.01
SHW The Sherwin-Williams Co. Reduce -1.1% 0.05% −0.01
ADP Automatic Data Processing Reduce -1.5% 0.05% −0.01
CTBI Community Trust Bancorp Inc. Reduce -5.3% 0.04% −0.01
IJH iShares Core S&P Midcap ETF Reduce -5.1% 0.04% −0.01
IWM iShares Russell 2000 ETF Reduce -1.7% 0.05% −0.00
LHX L3HARRIS Technologies Inc. Reduce -3.4% 0.05% −0.00
NFLX Netflix Inc. Reduce -16.8% 1.62% +0.05

Portfolio Buys Q1 2025 → Q2 2025
IVV iShares Core S&P 500 ETF Add +25.6% 10.90% +1.79
VTEB Vanguard Tax-Exempt Bond ETF New 1.70% +1.70
FLMI Franklin Dynamic Municipal B New 0.98% +0.98
MINO PIMCO Municipal Income Oppor New 0.98% +0.98
NVDA Nvidia Corp. Add +1.7% 4.43% +0.96
AVGO Broadcom Inc. Add +2.0% 2.50% +0.77
TMO Thermo Fisher Scientific Inc. Add +2088.1% 0.81% +0.76
TMSL T.rowe PRC Small-Mid Cap ETF Add +67.7% 2.06% +0.74
AXP American Express Co. New 0.56% +0.56
GS Goldman Sachs Group Inc. New 0.53% +0.53
PH Parker Hannifin Corp. New 0.53% +0.53
GEV GE Vernova Inc. Add +4.5% 1.41% +0.51
IGIB iShares 5-10Y Inv Grade Corp. Add +53.5% 1.57% +0.40
BLDR Builders Firstsource Inc. Add +138.0% 0.82% +0.39
MSFT Microsoft Corp. Add +2.3% 2.69% +0.39
META Meta Platforms Inc. Class A Add +3.4% 2.98% +0.37
CRWD CrowdStrike Holdings Inc. Class A Add +42.0% 0.83% +0.36
JPST JPMorgan Ultra-Short Income New 0.30% +0.30
KKR KKR & Co. Inc. Add +64.2% 0.73% +0.28
C Citigroup Inc. Add +25.2% 1.14% +0.26
DELL Dell Technologies -C Add +20.6% 0.84% +0.24
PWR Quanta Services Inc. Add +3.3% 0.89% +0.22
APH Amphenol Corp. Class A Add +1.2% 0.90% +0.21
LRCX Lam Research Corp. Add +29.0% 0.63% +0.21
UBER Uber Technologies Inc. Add +1.8% 1.74% +0.19
MELI MercadoLibre Inc. Add +2.4% 1.10% +0.17
AMZN Amazon.com Inc. Add +6.2% 2.27% +0.12
DKNG Draftkings Inc. Class A Add +14.4% 0.52% +0.11
BKNG Booking Holdings Inc. Add +5.4% 0.84% +0.10
ASML ASML Holding NV-NY Reg SHS Add +7.5% 0.94% +0.10
PANW Palo Alto Networks Inc. Add +1.6% 1.79% +0.09
DIS The Walt Disney Co. Add +11.0% 0.48% +0.08
OMF Onemain Holdings Inc. Add +8.1% 0.85% +0.07
SNPS Synopsys Inc. Add +7.2% 0.52% +0.05
ORCL Oracle Corp. New 0.05% +0.05
TEL Te Connectivity PLC Add +3.8% 0.75% +0.05
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.04% +0.04
SPYV SS SPDR P S&P 500 Value ETF New 0.03% +0.03
MA Mastercard Inc. Class A New 0.03% +0.03
ONON On Holding AG Class A Add +6.4% 0.36% +0.03
MS Morgan Stanley Add +1.1% 0.50% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +38.7% 0.09% +0.02
JPM JPMorgan Chase & Co. Add +3.2% 0.45% +0.02
MEDP Medpace Holdings Inc. Add +16.9% 0.44% +0.02
WMT Walmart Inc. Add +23.2% 0.06% +0.01
TJX TJX Companies Inc. Add +14.2% 0.06% −0.00
GOOGL Alphabet Inc. Class A Add +1.4% 0.07% −0.00
DE Deere & Co. Add +5.3% 0.04% −0.00
CFG Citizens Financial Group Add +6.1% 0.82% −0.00
MDLZ Mondelez International Inc. Class A Add +11.5% 0.05% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 109$780.9MIVV, JMUB, NVDA, GOOG, PANW
Q1 2026 110$712.1MIVV, JMUB, NVDA, GOOG, TMSL
Q4 2025 111$708.8MIVV, JMUB, NVDA, GOOG, AVGO
Q3 2025 109$668.0MIVV, NVDA, JMUB, GOOG, MSFT
Q2 2025 109$600.2MIVV, NVDA, JMUB, META, MSFT
Q1 2025 106$517.4MIVV, JMUB, MUB, NVDA, IJR
Q4 2024 104$529.4MIVV, JMUB, MUB, NVDA, IJR
Q3 2024 106$526.8MIVV, IJR, JMUB, MUB, NVDA
Q2 2024 96$488.6MIVV, IJR, MUB, NVDA, JMUB
Q1 2024 97$471.1MIVV, IJR, MUB, JMUB, NVDA