Asio Capital, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), Asio Capital, LLC reported 111 stock positions worth $708.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 12.4% of the portfolio, followed by JPMorgan Municipal ETF (JMUB, 4.6%) and Nvidia (NVDA, 4.4%). Compared with Q3 2025, it opened 5 new positions, sold out of 3, added to 61 and reduced 33. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +16%) and the biggest sale an exit from Builders Firstsource (BLDR).

Most Recent 13F
Q2 2026
Location
LEXINGTON, KY
CIK
0001803291
Portfolio Value
$708.8M (Q4 2025)
SEC Filing
0001803291-26-000001 ↗ filed Jan 21, 2026

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 Q3 2025 Q4 2025: $708.8M $708.8M Q4 2025 Q1 2026: $712.1M Q1 2026 Q2 2026: $780.9M Q2 2026

Holdings 111 stocks · $708.8M
IVV iShares Core S&P 500 ETF 12.42% 128,570 $88.1M Add +16.2%
JMUB JPMorgan Municipal ETF 4.59% 641,876 $32.5M Add +2.7%
NVDA Nvidia Corp. 4.37% 166,114 $31.0M Reduce -1.8%
GOOG Alphabet Inc. Class C 3.67% 82,941 $26.0M Reduce -1.6%
AVGO Broadcom Inc. 2.66% 54,519 $18.9M Reduce -0.9%
MSFT Microsoft Corp. 2.63% 38,516 $18.6M Add +7.2%
META Meta Platforms Inc. Class A 2.52% 27,018 $17.8M Add +9.4%
AMZN Amazon.com Inc. 2.42% 74,194 $17.1M Add +4.6%
TMSL T.rowe PRC Small-Mid Cap ETF 2.37% 466,939 $16.8M Add +10.7%
JMBS Janus Henderson Mortg Backed 2.26% 351,297 $16.1M Add +4.6%
AAPL Apple Inc. 2.20% 57,482 $15.6M Reduce -1.2%
VCSH Vanguard S/T Corp. Bond ETF 2.18% 193,633 $15.4M Add +4.6%
VXF Vanguard Extended Market ETF 2.02% 68,550 $14.3M Add +2.2%
BINC iShares Flex I A ETF-Usd Inc. 1.84% 247,077 $13.0M Add +5.3%
PANW Palo Alto Networks Inc. 1.51% 57,927 $10.7M Add +2.9%
C Citigroup Inc. 1.40% 85,177 $9.9M Add +2.7%
LLY Eli Lilly & Co. 1.39% 9,152 $9.8M Add +0.3%
V Visa Inc. Class A 1.38% 27,808 $9.8M Add +3.7%
UBER Uber Technologies Inc. 1.37% 118,933 $9.7M Add +2.3%
UNH Unitedhealth Group Inc. 1.24% 26,577 $8.8M Add +9.7%
IGIB iShares 5-10Y Inv Grade Corp. 1.18% 155,334 $8.4M Add +2.9%
HCA HCA Healthcare Inc. 1.16% 17,684 $8.3M Reduce -0.6%
GEV GE Vernova Inc. 1.16% 12,614 $8.2M Reduce -21.9%
ASML ASML Holding NV-NY Reg SHS 1.15% 7,626 $8.2M Reduce -0.6%
CRH CRH PLC 1.10% 62,744 $7.8M Add +0.8%
IJR iShares Core S&P Small-Cap E 1.08% 63,734 $7.7M Reduce -6.2%
APH Amphenol Corp. Class A 1.08% 56,538 $7.6M Add +0.4%
ELV Elevance Health Inc. 1.06% 21,457 $7.5M Add +16.1%
TMO Thermo Fisher Scientific Inc. 1.05% 12,797 $7.4M Reduce -0.2%
NFLX Netflix Inc. 1.04% 78,787 $7.4M Add +5.0%
LRCX Lam Research Corp. 0.97% 40,012 $6.8M Reduce -1.1%
MUB iShares National Muni Bond E 0.96% 63,224 $6.8M Reduce -18.4%
FLMI Franklin Dynamic Municipal B 0.94% 266,540 $6.6M Add +3.7%
MINO PIMCO Municipal Income Oppor 0.93% 145,120 $6.6M Add +3.7%
COF Capital One Financial Corp. 0.92% 26,826 $6.5M Add +27.7%
CFG Citizens Financial Group 0.92% 111,037 $6.5M Reduce -3.0%
TEL Te Connectivity PLC 0.90% 27,897 $6.3M Add +0.9%
CRWD CrowdStrike Holdings Inc. Class A 0.88% 13,288 $6.2M Add +2.9%
PWR Quanta Services Inc. 0.88% 14,704 $6.2M Reduce -0.4%
SNV Synovus Financial Corp. 0.87% 123,875 $6.2M Add +2.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.82% 105,099 $5.8M Add +5.7%
LOW Lowe's Cos Inc. 0.81% 23,946 $5.8M Add +3.7%
FANG Diamondback Energy Inc. 0.81% 38,211 $5.7M Reduce -1.2%
MELI MercadoLibre Inc. 0.80% 2,807 $5.7M Add +3.5%
DECK Deckers Outdoor Corp. 0.79% 53,785 $5.6M Reduce -6.5%
AZN Astrazeneca PLC-Spons ADR 0.78% 59,803 $5.5M Add +1.6%
DELL Dell Technologies -C 0.77% 43,453 $5.5M Add +2.5%
BKNG Booking Holdings Inc. 0.72% 955 $5.1M Add +3.5%
WFC Wells Fargo & Co. 0.71% 53,899 $5.0M Add +0.1%
OMF Onemain Holdings Inc. 0.70% 73,549 $5.0M Reduce -20.5%
TSCO Tractor Supply Company 0.70% 98,942 $4.9M Add +3.0%
CRM Salesforce Inc. 0.70% 18,618 $4.9M Add +2.0%
APO Apollo Global Management Inc. 0.69% 33,966 $4.9M Add +5.4%
VTEB Vanguard Tax-Exempt Bond ETF 0.68% 95,155 $4.8M Reduce -8.4%
KKR KKR & Co. Inc. 0.67% 37,061 $4.7M Add +4.7%
GS Goldman Sachs Group Inc. 0.64% 5,146 $4.5M Add +2.5%
IR Ingersoll-Rand Inc. 0.63% 56,488 $4.5M Add +2.7%
AXP American Express Co. 0.60% 11,561 $4.3M Add +3.4%
PH Parker Hannifin Corp. 0.59% 4,784 $4.2M Add +0.3%
GEHC GE Healthcare Technology 0.59% 50,908 $4.2M Reduce -13.9%
JNJ Johnson & Johnson 0.56% 19,256 $4.0M Add +2.9%
SPOT Spotify Technology SA 0.56% 6,847 $4.0M Add +52.0%
MS Morgan Stanley 0.55% 21,952 $3.9M Reduce -1.7%
LIN Linde PLC 0.50% 8,299 $3.5M Add +1280.9%
DUK Duke Energy Corp. 0.49% 29,363 $3.4M Add +15.8%
REGN Regeneron Pharmaceuticals 0.48% 4,434 $3.4M New
DKNG Draftkings Inc. Class A 0.47% 97,016 $3.3M Add +21.8%
BDX Becton Dickinson and Co. 0.46% 16,874 $3.3M New
SNPS Synopsys Inc. 0.45% 6,725 $3.2M Add +4.3%
JPM JPMorgan Chase & Co. 0.43% 9,567 $3.1M Add +1.1%
SHEL Shell PLC-ADR 0.40% 39,002 $2.9M Reduce -1.7%
PFE Pfizer Inc. 0.40% 114,830 $2.9M New
PG The Procter & Gamble Co. 0.39% 19,215 $2.8M Add +3.4%
ONON On Holding AG Class A filed as ON HLDG AG 0.35% 53,590 $2.5M Add +6.6%
PNC PNC Financial Services Group 0.35% 11,720 $2.4M Reduce -0.2%
XOM Exxon Mobil Corp. 0.19% 10,959 $1.3M Reduce -2.5%
ET Energy Transfer LP 0.17% 73,500 $1.2M No change
ABBV Abbvie Inc. 0.17% 5,152 $1.2M Reduce -0.4%
PEP Pepsico Inc. 0.13% 6,402 $919K Reduce -4.2%
GOOGL Alphabet Inc. Class A 0.10% 2,358 $738K Reduce -0.4%
JPST JPMorgan Ultra-Short Income 0.10% 14,500 $736K Reduce -65.1%
GMUB GS Municipal Income ETF 0.10% 13,611 $697K New
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 938 $640K Add +5.5%
COST Costco Wholesale Corp. 0.09% 708 $611K Reduce -0.3%
HD Home Depot Inc. 0.08% 1,715 $590K Reduce -4.0%
BRK.B Berkshire Hathaway Inc. Class B 0.07% 1,011 $508K Add +25.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 3,155 $485K Add +0.7%
RSP Invesco S&P 500 Equal Weight 0.06% 2,339 $448K Reduce -4.6%
SCHG Schwab US Large-Cap Growth 0.06% 13,716 $447K No change
WMT Walmart Inc. 0.06% 3,660 $409K Add +1.2%
VIG Vanguard Dividend Apprec ETF 0.05% 1,616 $355K Add +6.6%
IWM iShares Russell 2000 ETF 0.05% 1,418 $349K No change
LHX L3HARRIS Technologies Inc. 0.05% 1,154 $339K Add +0.8%
CAT Caterpillar Inc. 0.05% 566 $324K Add +7.8%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.04% 6,726 $304K Add +26.4%
SHW The Sherwin-Williams Co. 0.04% 906 $294K Reduce -0.9%
NVO Novo-Nordisk A/S-Spons ADR 0.04% 5,386 $274K Add +3.9%
CTBI Community Trust Bancorp Inc. 0.04% 4,702 $268K No change
ADP Automatic Data Processing 0.04% 1,031 $267K No change
ORCL Oracle Corp. 0.04% 1,288 $251K Reduce -2.0%
STX Seagate Technology Holdings 0.04% 900 $248K No change
STE Steris PLC 0.03% 948 $240K Reduce -0.9%
IWR iShares Russell Mid-Cap ETF 0.03% 2,485 $239K No change
QQQ Invesco QQQ Trust Series 1 0.03% 370 $227K Add +10.4%
SPYV SS SPDR P S&P 500 Value ETF 0.03% 3,903 $222K No change
MA Mastercard Inc. Class A 0.03% 386 $220K No change
MDLZ Mondelez International Inc. Class A 0.03% 4,060 $219K No change
DE Deere & Co. 0.03% 467 $217K Reduce -3.5%
IJH iShares Core S&P Midcap ETF 0.03% 3,215 $212K No change
DVY iShares Select Dividend ETF 0.03% 1,500 $212K No change
AMD Advanced Micro Devices 0.03% 975 $209K New

Portfolio Sells Q3 2025 → Q4 2025
BLDR Builders Firstsource Inc. Sold out 0.00% −0.88
EXP Eagle Materials Inc. Sold out 0.00% −0.45
DIS The Walt Disney Co. Sold out 0.00% −0.43
NVDA Nvidia Corp. Reduce -1.8% 4.37% −0.35
GEV GE Vernova Inc. Reduce -21.9% 1.16% −0.32
MUB iShares National Muni Bond E Reduce -18.4% 0.96% −0.28
JPST JPMorgan Ultra-Short Income Reduce -65.1% 0.10% −0.21
IJR iShares Core S&P Small-Cap E Reduce -6.2% 1.08% −0.13
VTEB Vanguard Tax-Exempt Bond ETF Reduce -8.4% 0.68% −0.10
DECK Deckers Outdoor Corp. Reduce -6.5% 0.79% −0.09
OMF Onemain Holdings Inc. Reduce -20.5% 0.70% −0.08
GEHC GE Healthcare Technology Reduce -13.9% 0.59% −0.08
AVGO Broadcom Inc. Reduce -0.9% 2.66% −0.05
PWR Quanta Services Inc. Reduce -0.4% 0.88% −0.04
HD Home Depot Inc. Reduce -4.0% 0.08% −0.03
SHEL Shell PLC-ADR Reduce -1.7% 0.40% −0.02
ORCL Oracle Corp. Reduce -2.0% 0.04% −0.02
FANG Diamondback Energy Inc. Reduce -1.2% 0.81% −0.02
AAPL Apple Inc. Reduce -1.2% 2.20% −0.01
ABBV Abbvie Inc. Reduce -0.4% 0.17% −0.01
COST Costco Wholesale Corp. Reduce -0.3% 0.09% −0.01
PEP Pepsico Inc. Reduce -4.2% 0.13% −0.01
PNC PNC Financial Services Group Reduce -0.2% 0.35% −0.01
RSP Invesco S&P 500 Equal Weight Reduce -4.6% 0.06% −0.01
SHW The Sherwin-Williams Co. Reduce -0.9% 0.04% −0.01
XOM Exxon Mobil Corp. Reduce -2.5% 0.19% −0.00
DE Deere & Co. Reduce -3.5% 0.03% −0.00
STE Steris PLC Reduce -0.9% 0.03% −0.00
CFG Citizens Financial Group Reduce -3.0% 0.92% +0.00
GOOGL Alphabet Inc. Class A Reduce -0.4% 0.10% +0.02
MS Morgan Stanley Reduce -1.7% 0.55% +0.02
HCA HCA Healthcare Inc. Reduce -0.6% 1.16% +0.03
ASML ASML Holding NV-NY Reg SHS Reduce -0.6% 1.15% +0.04
TMO Thermo Fisher Scientific Inc. Reduce -0.2% 1.05% +0.12
LRCX Lam Research Corp. Reduce -1.1% 0.97% +0.16
GOOG Alphabet Inc. Class C Reduce -1.6% 3.67% +0.60

Portfolio Buys Q3 2025 → Q4 2025
IVV iShares Core S&P 500 ETF Add +16.2% 12.42% +1.34
REGN Regeneron Pharmaceuticals New 0.48% +0.48
BDX Becton Dickinson and Co. New 0.46% +0.46
LIN Linde PLC Add +1280.9% 0.50% +0.46
PFE Pfizer Inc. New 0.40% +0.40
LLY Eli Lilly & Co. Add +0.3% 1.39% +0.34
COF Capital One Financial Corp. Add +27.7% 0.92% +0.25
ELV Elevance Health Inc. Add +16.1% 1.06% +0.17
TMSL T.rowe PRC Small-Mid Cap ETF Add +10.7% 2.37% +0.14
C Citigroup Inc. Add +2.7% 1.40% +0.14
AZN Astrazeneca PLC-Spons ADR Add +1.6% 0.78% +0.10
GMUB GS Municipal Income ETF New 0.10% +0.10
SPOT Spotify Technology SA Add +52.0% 0.56% +0.09
AMZN Amazon.com Inc. Add +4.6% 2.42% +0.08
PH Parker Hannifin Corp. Add +0.3% 0.59% +0.05
APO Apollo Global Management Inc. Add +5.4% 0.69% +0.05
CRM Salesforce Inc. Add +2.0% 0.70% +0.05
AXP American Express Co. Add +3.4% 0.60% +0.05
BAC Bank of America Corp. Add +5.7% 0.82% +0.05
JNJ Johnson & Johnson Add +2.9% 0.56% +0.04
GS Goldman Sachs Group Inc. Add +2.5% 0.64% +0.04
APH Amphenol Corp. Class A Add +0.4% 1.08% +0.03
WFC Wells Fargo & Co. Add +0.1% 0.71% +0.03
ONON On Holding AG Class A Add +6.6% 0.35% +0.03
AMD Advanced Micro Devices New 0.03% +0.03
DKNG Draftkings Inc. Class A Add +21.8% 0.47% +0.03
DUK Duke Energy Corp. Add +15.8% 0.49% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +25.0% 0.07% +0.01
FNDF Schwab Fndmn Intl LRG Co. ETF Add +26.4% 0.04% +0.01
CAT Caterpillar Inc. Add +7.8% 0.05% +0.01
V Visa Inc. Class A Add +3.7% 1.38% +0.01
QQQ Invesco QQQ Trust Series 1 Add +10.4% 0.03% +0.00
WMT Walmart Inc. Add +1.2% 0.06% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +5.5% 0.09% +0.00
VIG Vanguard Dividend Apprec ETF Add +6.6% 0.05% +0.00
TJX TJX Companies Inc. Add +0.7% 0.07% +0.00
NVO Novo-Nordisk A/S-Spons ADR Add +3.9% 0.04% −0.00
LHX L3HARRIS Technologies Inc. Add +0.8% 0.05% −0.00
JPM JPMorgan Chase & Co. Add +1.1% 0.43% −0.01
CRH CRH PLC Add +0.8% 1.10% −0.01
TEL Te Connectivity PLC Add +0.9% 0.90% −0.01
UNH Unitedhealth Group Inc. Add +9.7% 1.24% −0.01
FLMI Franklin Dynamic Municipal B Add +3.7% 0.94% −0.02
MINO PIMCO Municipal Income Oppor Add +3.7% 0.93% −0.02
SNV Synovus Financial Corp. Add +2.3% 0.87% −0.02
KKR KKR & Co. Inc. Add +4.7% 0.67% −0.02
BKNG Booking Holdings Inc. Add +3.5% 0.72% −0.02
BINC iShares Flex I A ETF-Usd Inc. Add +5.3% 1.84% −0.03
SNPS Synopsys Inc. Add +4.3% 0.45% −0.03
JMBS Janus Henderson Mortg Backed Add +4.6% 2.26% −0.03

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