Avos Capital Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Avos Capital Management, LLC reported 65 stock positions worth $228.8 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 33.0% of the portfolio, followed by PIMCO 15+ YR US Tips Indx (LTPZ, 7.8%) and Vanguard Ftse Developed ETF (VEA, 5.7%). Compared with Q3 2025, it opened 11 new positions, sold out of 5, added to 25 and reduced 7. The biggest buy was a new position in SS SPDR PF LNG TRM TSY E-Usd (SPTL) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −75%).

Most Recent 13F
Q2 2026
Location
SEATTLE, WA
CIK
0001948622
Portfolio Value
$228.8M (Q4 2025)
SEC Filing
0001420506-26-000427 ↗ filed Feb 13, 2026

Holdings Value

0$100.0M$200.0M$300.0M Q4 2024: $123.3M Q4 2024 Q1 2025: $151.6M Q1 2025 Q2 2025: $175.4M Q2 2025 Q3 2025: $214.2M Q3 2025 Q4 2025: $228.8M $228.8M Q4 2025 Q1 2026: $253.0M Q1 2026 Q2 2026: $240.7M Q2 2026

Holdings 65 stocks · $228.8M
SGOV iShares 0-3 Month Treasury B 33.05% 753,287 $75.6M Add +15.2%
LTPZ PIMCO 15+ YR US Tips Indx 7.82% 345,686 $17.9M Add +2.9%
VEA Vanguard Ftse Developed ETF 5.70% 208,783 $13.0M Reduce -0.4%
SPTL SS SPDR PF LNG TRM TSY E-Usd 4.64% 400,989 $10.6M New
DBC Invesco DB Commodity Index T 4.01% 410,393 $9.2M Add +0.4%
GLDM SPDR Gold Minishares Trust 3.77% 100,966 $8.6M Reduce -8.7%
SGOL Abrdn Physical Gold Shares 3.38% 188,530 $7.7M Reduce -5.7%
IGOV iShares International Treasu 3.33% 182,842 $7.6M Add +3.0%
GUNR NT Mstar GLBL NR ETF 3.17% 158,284 $7.3M Add +0.1%
DEM Wisdomtree Emerging Markets 3.01% 147,504 $6.9M Add +0.4%
DGS Wisdomtree Em Small Cap 2.89% 115,606 $6.6M Add +0.3%
EMLC Vaneck JPM Em Local Curr BND 2.44% 216,617 $5.6M Add +0.9%
EBND State Street SPDR Bloomberg 2.33% 249,682 $5.3M Add +0.8%
IEMG iShares Core MSCI Emerging 2.14% 72,907 $4.9M Add +0.0%
TLT iShares 20+ Year Treasury BD 1.53% 40,204 $3.5M Reduce -74.5%
RSSB RTRN Stack GLBL STK & BD ETF 1.53% 124,239 $3.5M Add +1.3%
VLO Valero Energy Corp. 1.19% 16,743 $2.7M Add +9.6%
VDE Vanguard Energy ETF 1.00% 18,218 $2.3M Add +11.0%
EWY iShares MSCI South Korea ETF 0.72% 16,876 $1.6M No change
CCJ Cameco Corp. 0.67% 16,796 $1.5M Reduce -28.8%
IVOL Quadratic Int Rte Vol Infl H 0.67% 79,576 $1.5M Add +1.2%
MCHI iShares MSCI China ETF 0.63% 23,858 $1.4M No change
TIP iShares Tips Bond ETF 0.59% 12,341 $1.4M Add +0.5%
VTI VG Morningstar TS MKT ETF-US 0.58% 3,958 $1.3M Reduce -2.7%
RRC Range Resources Corp. 0.58% 37,542 $1.3M Add +10.3%
ET Energy Transfer LP 0.55% 76,695 $1.3M Add +0.8%
BBJP JPMorgan Betabuilders Japan 0.54% 18,908 $1.2M Add +185.9%
MSFT Microsoft Corp. 0.47% 2,221 $1.1M Add +26.1%
EWZ iShares MSCI Brazil ETF 0.41% 29,272 $930K Add +19.4%
EWU iShares MSCI United Kingdom 0.39% 20,300 $893K No change
AAPL Apple Inc. 0.37% 3,092 $841K Add +19.3%
NVDA Nvidia Corp. 0.33% 4,002 $746K New
IAUM iShares Gold Trust Micro 0.32% 17,187 $739K New
AR Antero Resources Corp. 0.32% 21,107 $727K Add +12.2%
BRK.B Berkshire Hathaway Inc. Class B 0.31% 1,414 $711K No change
EWA iShares MSCI Australia ETF 0.28% 24,582 $644K No change
EWC iShares MSCI Canada ETF 0.27% 11,268 $608K Add +22.1%
EWJ iShares MSCI Japan ETF 0.25% 7,000 $565K No change
GOOGL Alphabet Inc. Class A 0.24% 1,789 $560K No change
EZA iShares MSCI South Africa Et 0.24% 8,058 $554K No change
GS Goldman Sachs Group Inc. 0.24% 627 $551K New
JPM JPMorgan Chase & Co. 0.19% 1,331 $429K No change
PDBC Invesco Optimum Yield Divers 0.18% 31,782 $421K Add +14.3%
EWP iShares MSCI Spain ETF 0.17% 7,412 $400K No change
JNJ Johnson & Johnson 0.17% 1,919 $397K No change
FCX Freeport-McMoran Inc. 0.17% 7,815 $397K No change
WMT Walmart Inc. 0.15% 3,142 $350K No change
EWG iShares MSCI Germany ETF 0.15% 8,058 $342K No change
GE General Electric filed as GE AEROSPACE 0.15% 1,079 $332K No change
ABBV Abbvie Inc. 0.14% 1,359 $311K New
LRCX Lam Research Corp. 0.13% 1,750 $300K New
URNM Sprott Uranium Miners ETF 0.13% 5,387 $296K No change
EWH iShares MSCI Hong Kong ETF 0.13% 13,913 $296K No change
AVGO Broadcom Inc. 0.12% 800 $277K New
EWQ iShares MSCI France ETF 0.12% 5,908 $266K No change
B Barrick Mining Corp. 0.11% 5,788 $252K New
EWL iShares MSCI Switzerland ETF 0.11% 4,137 $248K No change
SCHD Schwab US DVD Equity ETF 0.11% 9,000 $247K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.10% 350 $239K Add +0.9%
PH Parker Hannifin Corp. 0.10% 250 $220K New
EWS iShares MSCI Singapore ETF 0.10% 7,956 $219K No change
ASML ASML Holding NV-NY Reg SHS 0.09% 202 $216K Reduce -19.8%
BKNG Booking Holdings Inc. 0.09% 40 $214K New
XOM Exxon Mobil Corp. 0.09% 1,779 $214K No change
NEE Nextera Energy Inc. 0.09% 2,533 $203K New

Portfolio Sells Q3 2025 → Q4 2025
TLT iShares 20+ Year Treasury BD Reduce -74.5% 1.53% −5.05
WFRD Weatherford International PL Sold out 0.00% −0.68
CCJ Cameco Corp. Reduce -28.8% 0.67% −0.25
VIXY Proshares Vix Short-Term Fut Sold out 0.00% −0.23
GLDM SPDR Gold Minishares Trust Reduce -8.7% 3.77% −0.18
V Visa Inc. Class A Sold out 0.00% −0.17
PG The Procter & Gamble Co. Sold out 0.00% −0.16
VEA Vanguard Ftse Developed ETF Reduce -0.4% 5.70% −0.16
META Meta Platforms Inc. Class A Sold out 0.00% −0.12
SGOL Abrdn Physical Gold Shares Reduce -5.7% 3.38% −0.05
VTI VG Morningstar TS MKT ETF-US Reduce -2.7% 0.58% −0.04
ASML ASML Holding NV-NY Reg SHS Reduce -19.8% 0.09% −0.02

Portfolio Buys Q3 2025 → Q4 2025
SPTL SS SPDR PF LNG TRM TSY E-Usd New 4.64% +4.64
SGOV iShares 0-3 Month Treasury B Add +15.2% 33.05% +2.32
BBJP JPMorgan Betabuilders Japan Add +185.9% 0.54% +0.34
NVDA Nvidia Corp. New 0.33% +0.33
IAUM iShares Gold Trust Micro New 0.32% +0.32
GS Goldman Sachs Group Inc. New 0.24% +0.24
ABBV Abbvie Inc. New 0.14% +0.14
LRCX Lam Research Corp. New 0.13% +0.13
AVGO Broadcom Inc. New 0.12% +0.12
B Barrick Mining Corp. New 0.11% +0.11
PH Parker Hannifin Corp. New 0.10% +0.10
BKNG Booking Holdings Inc. New 0.09% +0.09
NEE Nextera Energy Inc. New 0.09% +0.09
AAPL Apple Inc. Add +19.3% 0.37% +0.06
EWZ iShares MSCI Brazil ETF Add +19.4% 0.41% +0.05
EWC iShares MSCI Canada ETF Add +22.1% 0.27% +0.05
MSFT Microsoft Corp. Add +26.1% 0.47% +0.04
VDE Vanguard Energy ETF Add +11.0% 1.00% +0.04
AR Antero Resources Corp. Add +12.2% 0.32% +0.02
PDBC Invesco Optimum Yield Divers Add +14.3% 0.18% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +0.9% 0.10% −0.00
RRC Range Resources Corp. Add +10.3% 0.58% −0.02
VLO Valero Energy Corp. Add +9.6% 1.19% −0.02
IVOL Quadratic Int Rte Vol Infl H Add +1.2% 0.67% −0.04
TIP iShares Tips Bond ETF Add +0.5% 0.59% −0.04
ET Energy Transfer LP Add +0.8% 0.55% −0.06
GUNR NT Mstar GLBL NR ETF Add +0.1% 3.17% −0.06
RSSB RTRN Stack GLBL STK & BD ETF Add +1.3% 1.53% −0.09
IEMG iShares Core MSCI Emerging Add +0.0% 2.14% −0.10
EMLC Vaneck JPM Em Local Curr BND Add +0.9% 2.44% −0.11
EBND State Street SPDR Bloomberg Add +0.8% 2.33% −0.14
DEM Wisdomtree Emerging Markets Add +0.4% 3.01% −0.14
DGS Wisdomtree Em Small Cap Add +0.3% 2.89% −0.18
IGOV iShares International Treasu Add +3.0% 3.33% −0.20
DBC Invesco DB Commodity Index T Add +0.4% 4.01% −0.29
LTPZ PIMCO 15+ YR US Tips Indx Add +2.9% 7.82% −0.54

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 22$240.7MAVOS, SGOV, LTPZ, DBC, EBND
Q1 2026 29$253.0MAVOS, SGOV, DBC, IGOV, EBND
Q4 2025 65$228.8MSGOV, LTPZ, VEA, SPTL, DBC
Q3 2025 59$214.2MSGOV, LTPZ, TLT, VEA, DBC
Q2 2025 41$175.4MSGOV, LTPZ, TLT, VEA, DBC
Q1 2025 34$151.6MSGOV, LTPZ, TLT, DBC, GLDM
Q4 2024 32$123.3MSGOV, LTPZ, TLT, IEMG, GUNR