In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 24, 2026), Avory & Company, LLC reported 39 stock positions worth $155.7 million . Its top holding was Zoom Communications (ZM) at 15.5% of the portfolio, followed by Block (XYZ, 14.0% ) and Fiverr International (FVRR, 12.2% ). Compared with Q3 2025, it opened 9 new positions, sold out of 3, added to 6 and reduced 17. The biggest buy was a new position in Salesforce (CRM) and the biggest sale Fiverr International (FVRR, shares −10% ).
Location MIAMI, FL
CIK 0001842766
Portfolio Value $155.7M (Q4 2025) Holdings 39 stocks · $155.7M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2025 ZM Zoom Communications Inc. 279,509 $24.1M Reduce -4.1% XYZ Block Inc. 334,421 $21.8M Reduce -5.8% FVRR Fiverr International Ltd. 962,059 $19.0M Reduce -9.6% VOO Vanguard S&P 500 ETF 28,810 $18.1M No change Z Zillow Group Inc. Class C 192,946 $13.2M Reduce -5.0% OMCL Omnicell Inc. 233,708 $10.6M Reduce -3.6% YOU Clear Secure Inc. Class A 237,832 $8.3M Reduce -3.3% PAYC Paycom Software Inc. 39,131 $6.2M Reduce -0.3% META Meta Platforms Inc. Class A 8,720 $5.8M Reduce -4.4% CPRI Capri Holdings Ltd. 221,670 $5.4M Reduce -5.5% FWRG First Watch Restaurant Group 334,209 $5.0M Reduce -5.8% MCW Mister Car Wash Inc. 700,114 $3.9M Reduce -15.1% LZ Legalzoomcom Inc. 358,309 $3.6M Reduce -4.8% IAU iShares Gold Trust 20,000 $1.6M No change CRM Salesforce Inc. 2,595 $687K New IHD Voya Emrg MRKT Hi DVD Eqty 94,848 $595K No change XBOEX BlackRock Enh GLBL DVD TR 46,196 $541K No change WTPI Wisdomtree Equity Premium Inc. 15,167 $501K Add +101.5% OEI Optimize Equity Income ETF 19,531 $500K New QQQX Nuveen Nasdaq 100 DYN Overwr 17,157 $489K No change BMNR Bitmine Immersion Technologi 16,761 $455K New ETW Eaton Vance T/M GLBL Buy-WR 45,682 $421K No change BX Blackstone Inc. 2,560 $395K Reduce -6.4% ADBE Adobe Inc. 1,093 $383K New GOOGL Alphabet Inc. Class A 1,179 $369K Reduce -5.2% NTNX Nutanix Inc. Class A 7,099 $367K New S Sentinelone Inc. Class A 24,423 $366K No change WIX Wix.com Ltd. 3,460 $359K New MNDY Monday.com Ltd. 2,284 $337K New PGF Invesco Financial Preferred 22,985 $325K Reduce -25.9% HYG Ishr Ibx Usd Hiyld CB ETF-Ui 3,547 $286K Reduce -12.3% PATH Uipath Inc. Class A 16,761 $275K New XMTR Xometry Inc. Class A 4,184 $249K Add +2.3% TGT Target Corp. 2,445 $239K Add +0.9% GWRE Guidewire Software Inc. 1,187 $239K Add +10.0% BBY Best Buy Co. Inc. 3,479 $233K Add +6.4% WMT Walmart Inc. 1,962 $219K New EA Electronic Arts Inc. 1,046 $214K Reduce -7.3% AGNC AGNC Investment Corp. 11,315 $121K Add +3.5%
Options reported separately and not counted above: FVRR calls ($332K), PAYC calls ($159K), FWRG calls ($27K).
Portfolio Sells Q3 2025 → Q4 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▲ FVRR Fiverr International Ltd. Reduce -9.6% 12.21% −3.44 XYZ Block Inc. Reduce -5.8% 13.98% −1.48 Z Zillow Group Inc. Class C Reduce -5.0% 8.45% −0.98 PAYC Paycom Software Inc. Reduce -0.3% 4.00% −0.91 META Meta Platforms Inc. Class A Reduce -4.4% 3.70% −0.34 ETV Eaton Vance T/M Buy-Writ Opp Sold out 0.00% −0.26 XEXGX Eaton Vance Tax-Managed Glob Sold out 0.00% −0.26 MCW Mister Car Wash Inc. Reduce -15.1% 2.50% −0.15 PYPL PayPal Holdings Inc. Sold out 0.00% −0.12 FWRG First Watch Restaurant Group Reduce -5.8% 3.24% −0.11 LZ Legalzoomcom Inc. Reduce -4.8% 2.28% −0.07 PGF Invesco Financial Preferred Reduce -25.9% 0.21% −0.06 BX Blackstone Inc. Reduce -6.4% 0.25% −0.03 HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -12.3% 0.18% −0.01 EA Electronic Arts Inc. Reduce -7.3% 0.14% 0.00 GOOGL Alphabet Inc. Class A Reduce -5.2% 0.24% +0.05 YOU Clear Secure Inc. Class A Reduce -3.3% 5.36% +0.41 CPRI Capri Holdings Ltd. Reduce -5.5% 3.47% +0.66 ZM Zoom Communications Inc. Reduce -4.1% 15.49% +1.00 OMCL Omnicell Inc. Reduce -3.6% 6.80% +2.35
Portfolio Buys Q3 2025 → Q4 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2025 % Of Portfolio Change To Portfolio ▼ CRM Salesforce Inc. New 0.44% +0.44 OEI Optimize Equity Income ETF New 0.32% +0.32 BMNR Bitmine Immersion Technologi New 0.29% +0.29 ADBE Adobe Inc. New 0.25% +0.25 NTNX Nutanix Inc. Class A New 0.24% +0.24 WIX Wix.com Ltd. New 0.23% +0.23 MNDY Monday.com Ltd. New 0.22% +0.22 PATH Uipath Inc. Class A New 0.18% +0.18 WTPI Wisdomtree Equity Premium Inc. Add +101.5% 0.32% +0.17 WMT Walmart Inc. New 0.14% +0.14 XMTR Xometry Inc. Class A Add +2.3% 0.16% +0.03 TGT Target Corp. Add +0.9% 0.15% +0.02 AGNC AGNC Investment Corp. Add +3.5% 0.08% +0.01 GWRE Guidewire Software Inc. Add +10.0% 0.15% +0.00 BBY Best Buy Co. Inc. Add +6.4% 0.15% +0.00
Options Activity Q3 2025 → Q4 2025 Security Type Change vs Q3 2025 Underlying Shares Value ▼ FVRR Fiverr International Ltd. call New 16,800 $332K PAYC Paycom Software Inc. call New 1,000 $159K FWRG First Watch Restaurant Group call New 1,800 $27K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 32 $80.0M VOO, XYZ, AVRY, ZM, YOU Q1 2026 34 $77.3M VOO, ZM, XYZ, AVRY, Z Q4 2025 39 $155.7M ZM, XYZ, FVRR, VOO, Z Q3 2025 33 $166.0M FVRR, XYZ, ZM, VOO, Z Q2 2025 31 $164.0M FVRR, XYZ, ZM, VOO, Z Q1 2025 31 $151.3M FVRR, ZM, XYZ, VOO, Z Q4 2024 29 $178.5M FVRR, ZM, XYZ, Z, VOO Q3 2024 31 $164.9M FVRR, ZM, Z, XYZ, VOO Q2 2024 29 $142.0M FVRR, ZM, XYZ, VOO, Z Q1 2024 28 $146.9M XYZ, FVRR, ZM, VOO, Z