Asio Capital, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 16, 2025), Asio Capital, LLC reported 109 stock positions worth $668.0 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.1% of the portfolio, followed by Nvidia (NVDA, 4.7%) and JPMorgan Municipal ETF (JMUB, 4.7%). Compared with Q2 2025, it opened 7 new positions, sold out of 7, added to 74 and reduced 17. The biggest buy was iShares Flex I A ETF-Usd (BINC, shares +134%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −50%).

Most Recent 13F
Q2 2026
Location
LEXINGTON, KY
CIK
0001803291
Portfolio Value
$668.0M (Q3 2025)
SEC Filing
0001803291-25-000005 ↗ filed Oct 16, 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 Q2 2025 Q3 2025: $668.0M $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 · $668.0M
IVV iShares Core S&P 500 ETF 11.09% 110,661 $74.1M Add +5.0%
NVDA Nvidia Corp. 4.72% 169,096 $31.6M Add +0.5%
JMUB JPMorgan Municipal ETF 4.72% 625,001 $31.5M Add +26.3%
GOOG Alphabet Inc. Class C 3.07% 84,252 $20.5M Add +1.8%
MSFT Microsoft Corp. 2.79% 35,931 $18.6M Add +10.5%
AVGO Broadcom Inc. 2.72% 54,992 $18.1M Add +1.0%
META Meta Platforms Inc. Class A 2.72% 24,700 $18.1M Add +1.9%
AMZN Amazon.com Inc. 2.33% 70,934 $15.6M Add +14.4%
JMBS Janus Henderson Mortg Backed 2.30% 335,817 $15.3M Add +29.3%
TMSL T.rowe PRC Small-Mid Cap ETF 2.22% 421,894 $14.8M Add +11.9%
AAPL Apple Inc. 2.22% 58,204 $14.8M Add +1.2%
VCSH Vanguard S/T Corp. Bond ETF 2.21% 185,080 $14.8M Add +22.3%
VXF Vanguard Extended Market ETF 2.10% 67,091 $14.0M Add +3.9%
BINC iShares Flex I A ETF-Usd Inc. 1.87% 234,623 $12.5M Add +133.6%
PANW Palo Alto Networks Inc. 1.72% 56,281 $11.5M Add +7.2%
UBER Uber Technologies Inc. 1.71% 116,315 $11.4M Add +4.0%
GEV GE Vernova Inc. 1.49% 16,151 $9.9M Add +1.3%
V Visa Inc. Class A 1.37% 26,821 $9.2M Add +5.8%
NFLX Netflix Inc. 1.35% 7,504 $9.0M Add +3.1%
C Citigroup Inc. 1.26% 82,958 $8.4M Add +3.3%
UNH Unitedhealth Group Inc. 1.25% 24,233 $8.4M Add +18.6%
MUB iShares National Muni Bond E 1.24% 77,485 $8.3M Reduce -2.3%
IGIB iShares 5-10Y Inv Grade Corp. 1.22% 150,941 $8.2M Reduce -14.4%
IJR iShares Core S&P Small-Cap E 1.21% 67,950 $8.1M Reduce -28.8%
HCA HCA Healthcare Inc. 1.14% 17,788 $7.6M Add +3.4%
CRH CRH PLC 1.12% 62,250 $7.5M Add +2.8%
ASML ASML Holding NV-NY Reg SHS 1.11% 7,669 $7.4M Add +9.0%
APH Amphenol Corp. Class A 1.04% 56,317 $7.0M Add +3.1%
LLY Eli Lilly & Co. 1.04% 9,129 $7.0M Add +54.4%
FLMI Franklin Dynamic Municipal B 0.95% 257,005 $6.4M Add +5.7%
MINO PIMCO Municipal Income Oppor 0.95% 139,975 $6.3M Add +5.0%
MELI MercadoLibre Inc. 0.95% 2,713 $6.3M Add +7.1%
CRWD CrowdStrike Holdings Inc. Class A 0.95% 12,909 $6.3M Add +32.6%
TMO Thermo Fisher Scientific Inc. 0.93% 12,820 $6.2M Add +7.1%
PWR Quanta Services Inc. 0.92% 14,763 $6.1M Add +4.6%
CFG Citizens Financial Group 0.91% 114,522 $6.1M Add +3.9%
TEL Te Connectivity PLC 0.91% 27,649 $6.1M Add +3.2%
DELL Dell Technologies -C 0.90% 42,410 $6.0M Add +3.4%
SNV Synovus Financial Corp. 0.90% 121,086 $6.0M Add +35.7%
ELV Elevance Health Inc. 0.89% 18,478 $6.0M Add +20.2%
BLDR Builders Firstsource Inc. 0.88% 48,674 $5.9M Add +15.8%
DECK Deckers Outdoor Corp. 0.87% 57,550 $5.8M Reduce -2.7%
LOW Lowe's Cos Inc. 0.87% 23,088 $5.8M Add +4.3%
FANG Diamondback Energy Inc. 0.83% 38,681 $5.5M Add +6.3%
TSCO Tractor Supply Company 0.82% 96,022 $5.5M Add +2.6%
LRCX Lam Research Corp. 0.81% 40,461 $5.4M Add +4.7%
OMF Onemain Holdings Inc. 0.78% 92,486 $5.2M Add +3.4%
VTEB Vanguard Tax-Exempt Bond ETF 0.78% 103,930 $5.2M Reduce -50.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.77% 99,450 $5.1M Reduce -9.1%
BKNG Booking Holdings Inc. 0.75% 923 $5.0M Add +5.7%
KKR KKR & Co. Inc. 0.69% 35,403 $4.6M Add +7.5%
IR Ingersoll-Rand Inc. 0.68% 55,005 $4.5M Add +15.4%
AZN Astrazeneca PLC-Spons ADR 0.68% 58,870 $4.5M Add +2.7%
WFC Wells Fargo & Co. 0.68% 53,821 $4.5M Add +5.2%
COF Capital One Financial Corp. 0.67% 21,006 $4.5M New
GEHC GE Healthcare Technology 0.66% 59,115 $4.4M Add +5.0%
CRM Salesforce Inc. 0.65% 18,244 $4.3M Reduce -29.3%
APO Apollo Global Management Inc. 0.64% 32,239 $4.3M New
GS Goldman Sachs Group Inc. 0.60% 5,018 $4.0M Add +11.0%
AXP American Express Co. 0.56% 11,181 $3.7M Add +6.9%
PH Parker Hannifin Corp. 0.54% 4,768 $3.6M Add +5.6%
MS Morgan Stanley 0.53% 22,332 $3.5M Add +4.4%
JNJ Johnson & Johnson 0.52% 18,715 $3.5M Reduce -8.1%
SNPS Synopsys Inc. 0.48% 6,450 $3.2M Add +5.7%
SPOT Spotify Technology SA 0.47% 4,503 $3.1M New
DUK Duke Energy Corp. 0.47% 25,354 $3.1M Add +21.9%
EXP Eagle Materials Inc. 0.45% 12,970 $3.0M Add +16.2%
JPM JPMorgan Chase & Co. 0.45% 9,466 $3.0M Add +1.5%
DKNG Draftkings Inc. Class A 0.45% 79,656 $3.0M Add +10.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.43% 24,940 $2.9M Add +6.4%
PG The Procter & Gamble Co. 0.43% 18,578 $2.9M Add +37.9%
SHEL Shell PLC-ADR 0.42% 39,668 $2.8M Add +3.0%
PNC PNC Financial Services Group 0.35% 11,747 $2.4M Add +0.2%
ONON On Holding AG Class A filed as ON HLDG AG 0.32% 50,287 $2.1M Add +22.5%
JPST JPMorgan Ultra-Short Income 0.32% 41,500 $2.1M Add +18.6%
XOM Exxon Mobil Corp. 0.19% 11,240 $1.3M Reduce -3.7%
ET Energy Transfer LP 0.19% 73,500 $1.3M Add +129.7%
ABBV Abbvie Inc. 0.18% 5,175 $1.2M Add +0.1%
PEP Pepsico Inc. 0.14% 6,679 $938K Reduce -7.6%
HD Home Depot Inc. 0.11% 1,786 $724K Add +1.2%
COST Costco Wholesale Corp. 0.10% 710 $657K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 889 $592K No change
GOOGL Alphabet Inc. Class A 0.09% 2,368 $576K Reduce -1.7%
RSP Invesco S&P 500 Equal Weight 0.07% 2,451 $465K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 3,133 $453K Add +3.5%
SCHG Schwab US Large-Cap Growth 0.07% 13,716 $438K No change
BRK.B Berkshire Hathaway Inc. Class B 0.06% 809 $407K No change
WMT Walmart Inc. 0.06% 3,616 $373K Reduce -0.1%
ORCL Oracle Corp. 0.06% 1,315 $370K Reduce -0.4%
LHX L3HARRIS Technologies Inc. 0.05% 1,145 $350K Add +2.0%
IWM iShares Russell 2000 ETF 0.05% 1,418 $343K No change
VIG Vanguard Dividend Apprec ETF 0.05% 1,516 $328K No change
SHW The Sherwin-Williams Co. 0.05% 914 $316K Add +0.9%
ADP Automatic Data Processing 0.05% 1,031 $304K Add +1.9%
NVO Novo-Nordisk A/S-Spons ADR 0.04% 5,186 $288K No change
LIN Linde PLC 0.04% 601 $285K Add +1.5%
CTBI Community Trust Bancorp Inc. 0.04% 4,702 $266K No change
MDLZ Mondelez International Inc. Class A 0.04% 4,060 $254K No change
CAT Caterpillar Inc. 0.04% 525 $251K New
IWR iShares Russell Mid-Cap ETF 0.04% 2,485 $240K Reduce -2.5%
STE Steris PLC 0.04% 957 $237K Reduce -2.1%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.03% 5,319 $229K Reduce -2.8%
DE Deere & Co. 0.03% 484 $221K Add +1.9%
MA Mastercard Inc. Class A 0.03% 386 $220K Add +6.9%
SPYV SS SPDR P S&P 500 Value ETF 0.03% 3,903 $216K No change
DVY iShares Select Dividend ETF 0.03% 1,500 $213K New
STX Seagate Technology Holdings 0.03% 900 $212K New
IJH iShares Core S&P Midcap ETF 0.03% 3,215 $210K Reduce -14.4%
QQQ Invesco QQQ Trust Series 1 0.03% 335 $201K New

Portfolio Sells Q2 2025 → Q3 2025
VTEB Vanguard Tax-Exempt Bond ETF Reduce -50.1% 0.78% −0.92
ADBE Adobe Inc. Sold out 0.00% −0.75
FDX FedEx Corp. Sold out 0.00% −0.64
CROX Crocs Inc. Sold out 0.00% −0.63
FISV Fiserv Inc. Sold out 0.00% −0.62
ACN Accenture PLC Class A Sold out 0.00% −0.61
NEE Nextera Energy Inc. Sold out 0.00% −0.60
IJR iShares Core S&P Small-Cap E Reduce -28.8% 1.21% −0.53
CRM Salesforce Inc. Reduce -29.3% 0.65% −0.53
MEDP Medpace Holdings Inc. Sold out 0.00% −0.44
IGIB iShares 5-10Y Inv Grade Corp. Reduce -14.4% 1.22% −0.34
MUB iShares National Muni Bond E Reduce -2.3% 1.24% −0.14
DECK Deckers Outdoor Corp. Reduce -2.7% 0.87% −0.14
BAC Bank of America Corp. Reduce -9.1% 0.77% −0.09
XOM Exxon Mobil Corp. Reduce -3.7% 0.19% −0.02
PEP Pepsico Inc. Reduce -7.6% 0.14% −0.02
IJH iShares Core S&P Midcap ETF Reduce -14.4% 0.03% −0.01
STE Steris PLC Reduce -2.1% 0.04% −0.00
IWR iShares Russell Mid-Cap ETF Reduce -2.5% 0.04% −0.00
WMT Walmart Inc. Reduce -0.1% 0.06% −0.00
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -2.8% 0.03% −0.00
JNJ Johnson & Johnson Reduce -8.1% 0.52% +0.00
ORCL Oracle Corp. Reduce -0.4% 0.06% +0.01
GOOGL Alphabet Inc. Class A Reduce -1.7% 0.09% +0.02

Portfolio Buys Q2 2025 → Q3 2025
BINC iShares Flex I A ETF-Usd Inc. Add +133.6% 1.87% +0.99
COF Capital One Financial Corp. New 0.67% +0.67
APO Apollo Global Management Inc. New 0.64% +0.64
JMUB JPMorgan Municipal ETF Add +26.3% 4.72% +0.63
GOOG Alphabet Inc. Class C Add +1.8% 3.07% +0.63
SPOT Spotify Technology SA New 0.47% +0.47
JMBS Janus Henderson Mortg Backed Add +29.3% 2.30% +0.35
NVDA Nvidia Corp. Add +0.5% 4.72% +0.30
LLY Eli Lilly & Co. Add +54.4% 1.04% +0.27
AAPL Apple Inc. Add +1.2% 2.22% +0.25
AVGO Broadcom Inc. Add +1.0% 2.72% +0.22
VCSH Vanguard S/T Corp. Bond ETF Add +22.3% 2.21% +0.21
CRH CRH PLC Add +2.8% 1.12% +0.19
UNH Unitedhealth Group Inc. Add +18.6% 1.25% +0.19
LRCX Lam Research Corp. Add +4.7% 0.81% +0.18
IVV iShares Core S&P 500 ETF Add +5.0% 11.09% +0.18
ASML ASML Holding NV-NY Reg SHS Add +9.0% 1.11% +0.17
TMSL T.rowe PRC Small-Mid Cap ETF Add +11.9% 2.22% +0.16
TEL Te Connectivity PLC Add +3.2% 0.91% +0.16
APH Amphenol Corp. Class A Add +3.1% 1.04% +0.14
TMO Thermo Fisher Scientific Inc. Add +7.1% 0.93% +0.12
C Citigroup Inc. Add +3.3% 1.26% +0.12
CRWD CrowdStrike Holdings Inc. Class A Add +32.6% 0.95% +0.12
SNV Synovus Financial Corp. Add +35.7% 0.90% +0.12
MSFT Microsoft Corp. Add +10.5% 2.79% +0.09
ET Energy Transfer LP Add +129.7% 0.19% +0.09
CFG Citizens Financial Group Add +3.9% 0.91% +0.09
GEV GE Vernova Inc. Add +1.3% 1.49% +0.08
EXP Eagle Materials Inc. Add +16.2% 0.45% +0.08
PG The Procter & Gamble Co. Add +37.9% 0.43% +0.07
BLDR Builders Firstsource Inc. Add +15.8% 0.88% +0.07
GS Goldman Sachs Group Inc. Add +11.0% 0.60% +0.07
AMZN Amazon.com Inc. Add +14.4% 2.33% +0.06
DELL Dell Technologies -C Add +3.4% 0.90% +0.06
DUK Duke Energy Corp. Add +21.9% 0.47% +0.06
LOW Lowe's Cos Inc. Add +4.3% 0.87% +0.05
CAT Caterpillar Inc. New 0.04% +0.04
HCA HCA Healthcare Inc. Add +3.4% 1.14% +0.04
DVY iShares Select Dividend ETF New 0.03% +0.03
STX Seagate Technology Holdings New 0.03% +0.03
QQQ Invesco QQQ Trust Series 1 New 0.03% +0.03
VXF Vanguard Extended Market ETF Add +3.9% 2.10% +0.03
MS Morgan Stanley Add +4.4% 0.53% +0.03
PWR Quanta Services Inc. Add +4.6% 0.92% +0.03
IR Ingersoll-Rand Inc. Add +15.4% 0.68% +0.02
JPST JPMorgan Ultra-Short Income Add +18.6% 0.32% +0.02
ABBV Abbvie Inc. Add +0.1% 0.18% +0.02
PH Parker Hannifin Corp. Add +5.6% 0.54% +0.02
AZN Astrazeneca PLC-Spons ADR Add +2.7% 0.68% +0.01
LHX L3HARRIS Technologies Inc. Add +2.0% 0.05% +0.01

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