Balboa Wealth Partners
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Balboa Wealth Partners reported 334 stock positions worth $497.5 million. Its top holding was Nvidia (NVDA) at 9.1% of the portfolio, followed by Tesla (TSLA, 8.0%) and Microsoft (MSFT, 5.5%). Compared with Q1 2025, it opened 85 new positions, sold out of 35, added to 148 and reduced 89. The biggest buy was Microsoft (MSFT, shares +2%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −88%).
- Most Recent 13F
- Q2 2026
- Location
- SCOTTSDALE, AZ
- CIK
- 0001929008
- Portfolio Value
- $497.5M (Q2 2025)
- SEC Filing
- 0001951757-25-000993 ↗ filed Jul 29, 2025
Holdings Value
Holdings 334 stocks · $497.5M
| NVDA Nvidia Corp. | 9.05% | 284,999 | $45.0M | Reduce -1.4% |
| TSLA Tesla Inc. | 7.95% | 124,541 | $39.6M | Reduce -1.1% |
| MSFT Microsoft Corp. | 5.53% | 55,322 | $27.5M | Add +1.5% |
| AAPL Apple Inc. | 2.88% | 69,830 | $14.3M | Add +2.0% |
| AMZN Amazon.com Inc. | 2.57% | 58,374 | $12.8M | Reduce -7.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.42% | 19,493 | $12.0M | Reduce -5.9% |
| AMD Advanced Micro Devices | 2.32% | 81,209 | $11.5M | Add +0.5% |
| META Meta Platforms Inc. Class A | 2.17% | 14,639 | $10.8M | Add +3.0% |
| GOOG Alphabet Inc. Class C | 1.62% | 45,427 | $8.1M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.58% | 16,210 | $7.9M | Add +37.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.39% | 30,472 | $6.9M | Reduce -6.3% |
| PLTR Palantir Technologies Inc. Class A | 1.33% | 48,494 | $6.6M | Reduce -20.1% |
| COST Costco Wholesale Corp. | 1.33% | 6,664 | $6.6M | Add +42.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.24% | 20,248 | $6.2M | Add +2.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.19% | 10,689 | $5.9M | Add +33.0% |
| GLD SPDR Gold Shares | 1.18% | 19,258 | $5.9M | Reduce -21.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.17% | 8 | $5.8M | No change |
| AVGO Broadcom Inc. | 1.13% | 20,463 | $5.6M | Add +42.3% |
| MDY State Street SPDR S&P Midcap | 1.04% | 9,159 | $5.2M | Add +0.5% |
| ZECP Zacks Earnings Consistent Po | 1.04% | 161,628 | $5.2M | Add +13.1% |
| VOO Vanguard S&P 500 ETF | 1.04% | 9,069 | $5.2M | Add +73.9% |
| APP AppLovin Corp. Class A | 0.97% | 13,815 | $4.8M | Reduce -7.8% |
| MAXJ iShares LG Cap Max Buff Jun | 0.96% | 173,561 | $4.8M | Reduce -5.2% |
| VRT Vertiv Holdings Co. Class A | 0.80% | 30,982 | $4.0M | Add +5.3% |
| DDS Dillards Inc. Class A | 0.78% | 9,332 | $3.9M | No change |
| NFLX Netflix Inc. | 0.75% | 2,801 | $3.8M | Add +111.6% |
| VEA Vanguard Ftse Developed ETF | 0.72% | 63,237 | $3.6M | Add +12.3% |
| STRL Sterling Infrastructure Inc. | 0.68% | 14,721 | $3.4M | Reduce -7.1% |
| GOOGL Alphabet Inc. Class A | 0.63% | 17,723 | $3.1M | Add +12.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.63% | 3,881 | $3.1M | Reduce -36.1% |
| JPM JPMorgan Chase & Co. | 0.62% | 10,606 | $3.1M | Add +11.6% |
| IYW iShares Ustechnology ETF | 0.57% | 16,443 | $2.8M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.57% | 30,717 | $2.8M | Reduce -88.4% |
| BA The Boeing Co. | 0.56% | 13,306 | $2.8M | Reduce -5.1% |
| MA Mastercard Inc. Class A | 0.53% | 4,718 | $2.7M | Reduce -4.8% |
| IYC iShares US Consumer Discreti | 0.53% | 26,599 | $2.7M | New |
| IYZ iShares US Telecommunication | 0.53% | 88,699 | $2.6M | New |
| IYF iShares US Financials ETF | 0.53% | 21,678 | $2.6M | New |
| MU Micron Technology Inc. | 0.52% | 21,128 | $2.6M | Reduce -9.2% |
| XLK SS Technology Select Sector | 0.52% | 10,275 | $2.6M | Add +2.3% |
| VGSH Vanguard Short-Term Treasury | 0.47% | 40,028 | $2.4M | Add +23.3% |
| FISR SS Fi Sector Rotation | 0.47% | 90,923 | $2.3M | Add +13.8% |
| XLE SS Energy Select Sector | 0.47% | 27,626 | $2.3M | Add +22.6% |
| SGOV iShares 0-3 Month Treasury B | 0.47% | 23,239 | $2.3M | Reduce -14.8% |
| AXP American Express Co. | 0.47% | 7,323 | $2.3M | Add +12.4% |
| GS Goldman Sachs Group Inc. | 0.44% | 3,112 | $2.2M | Reduce -3.6% |
| VWO Vanguard Ftse Emerging Marke | 0.44% | 44,509 | $2.2M | Add +18.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.43% | 4,910 | $2.2M | Reduce -42.2% |
| V Visa Inc. Class A | 0.42% | 5,920 | $2.1M | Add +7.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.42% | 11,873 | $2.1M | Add +18.8% |
| BTC Grayscale Bitcoin Mini ETF | 0.42% | 43,644 | $2.1M | Add +1.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.42% | 24,793 | $2.1M | Add +34.2% |
| SPMO Invesco S&P 500 Momentum ETF | 0.41% | 18,350 | $2.1M | New |
| RDVI FT Vest Rising Dividend Achi | 0.41% | 81,588 | $2.0M | Add +59.2% |
| SMIZ Zacks Small/Mid Cap ETF | 0.38% | 55,414 | $1.9M | Add +13.2% |
| AGG iShares Core U.S. Aggregate | 0.36% | 17,882 | $1.8M | Add +33.1% |
| ABBV Abbvie Inc. | 0.34% | 9,135 | $1.7M | Add +17.0% |
| ORCL Oracle Corp. | 0.34% | 7,636 | $1.7M | Add +15.7% |
| XLSR SS US Sector Rotation | 0.33% | 29,710 | $1.6M | Reduce -2.6% |
| DFAT Dimensional US Target Value | 0.32% | 29,190 | $1.6M | Reduce -4.2% |
| T AT&T Inc. | 0.32% | 54,387 | $1.6M | Add +29.6% |
| RTX RTX Corp. | 0.30% | 10,250 | $1.5M | Reduce -4.1% |
| AMAT Applied Materials Inc. | 0.30% | 8,019 | $1.5M | Add +3.2% |
| VYM Vanguard High DVD Yield ETF | 0.29% | 10,854 | $1.4M | Add +131.3% |
| HD Home Depot Inc. | 0.28% | 3,833 | $1.4M | Add +1.5% |
| LLY Eli Lilly & Co. | 0.27% | 1,715 | $1.3M | Add +5.7% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.26% | 41,309 | $1.3M | Add +37.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.26% | 16,505 | $1.3M | Reduce -2.5% |
| AER Aercap Holdings NV | 0.26% | 11,177 | $1.3M | Reduce -6.3% |
| IVW iShares S&P 500 Growth ETF | 0.26% | 11,808 | $1.3M | Reduce -54.8% |
| JNJ Johnson & Johnson | 0.26% | 8,344 | $1.3M | Add +11.8% |
| FTCB FT Core Investment Grade ETF | 0.26% | 60,241 | $1.3M | New |
| NOW ServiceNow Inc. | 0.25% | 1,220 | $1.3M | Reduce -21.3% |
| UI Ubiquiti Inc. | 0.25% | 3,028 | $1.2M | Reduce -11.8% |
| ABT Abbott Laboratories | 0.25% | 9,068 | $1.2M | Add +7.3% |
| IVV iShares Core S&P 500 ETF | 0.24% | 1,943 | $1.2M | Add +14.7% |
| FTHI Fthi/First Trust Exchange-TR | 0.24% | 51,443 | $1.2M | New |
| ISRG Intuitive Surgical Inc. | 0.23% | 2,130 | $1.2M | Add +46.3% |
| VZ Verizon Communications Inc. | 0.23% | 26,652 | $1.2M | Reduce -6.7% |
| SPAB SS SPDR P Agg Bond ETF | 0.23% | 44,347 | $1.1M | Add +256.1% |
| DUK Duke Energy Corp. | 0.23% | 9,618 | $1.1M | Add +1.9% |
| EFA iShares MSCI Eafe ETF | 0.22% | 12,449 | $1.1M | Add +367.5% |
| IWD iShares Russell 1000 Value E | 0.22% | 5,727 | $1.1M | New |
| MELI MercadoLibre Inc. | 0.22% | 417 | $1.1M | Reduce -10.7% |
| MRVL Marvell Technology Inc. | 0.22% | 14,065 | $1.1M | Reduce -28.9% |
| XOM Exxon Mobil Corp. | 0.22% | 10,001 | $1.1M | Add +0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 3,601 | $1.1M | Add +83.6% |
| URA Global X Uranium ETF | 0.21% | 26,590 | $1.0M | Reduce -0.7% |
| PANW Palo Alto Networks Inc. | 0.21% | 5,033 | $1.0M | Add +9.6% |
| PG The Procter & Gamble Co. | 0.21% | 6,431 | $1.0M | Add +16.6% |
| SCHW Schwab (charles) Corp. | 0.20% | 11,177 | $1.0M | Add +4.9% |
| HYLS FT Tactical High Yield ETF | 0.20% | 23,929 | $1.0M | New |
| PH Parker Hannifin Corp. | 0.20% | 1,416 | $989K | Reduce -0.6% |
| SO The Southern Co. | 0.20% | 10,759 | $988K | Reduce -10.2% |
| ARCC Ares Capital Corp. | 0.20% | 44,196 | $971K | Reduce -2.0% |
| CCJ Cameco Corp. | 0.19% | 12,886 | $957K | Reduce -49.2% |
| HOOD Robinhood Markets Inc. Class A | 0.19% | 10,165 | $952K | Add +5.9% |
| LNG Cheniere Energy Inc. | 0.18% | 3,760 | $916K | Reduce -7.4% |
| SSO Proshares Ultra S&P500 | 0.18% | 9,337 | $912K | New |
| FTQI First Trust Nasdaq Buywrite | 0.18% | 46,395 | $907K | New |
Other holdings (44): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 43,000 | $43K | Reduce -12.2% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 29,000 | $41K | Reduce -12.1% |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 26,000 | $41K | Reduce -13.3% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 26,000 | $40K | Reduce -13.3% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 20,000 | $36K | Reduce -20.0% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 25,000 | $35K | Reduce -13.8% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 26,000 | $35K | Reduce -13.3% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 36,000 | $35K | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 26,000 | $34K | New |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 29,000 | $34K | Reduce -19.4% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 36,000 | $34K | New |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 28,000 | $33K | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 33,000 | $33K | Reduce -10.8% |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 25,000 | $31K | Reduce -13.8% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 26,000 | $31K | Reduce -13.3% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 33,000 | $31K | Reduce -13.2% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 30,000 | $31K | Reduce -16.7% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 26,000 | $31K | Reduce -13.3% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 31,000 | $30K | Reduce -13.9% |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 20,000 | $30K | Reduce -13.0% |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 26,000 | $30K | Reduce -13.3% |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 20,000 | $30K | Reduce -16.7% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 26,000 | $29K | Reduce -13.3% |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 30,000 | $29K | Reduce -16.7% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 30,000 | $29K | Reduce -14.3% |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 29,000 | $29K | Reduce -17.1% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 26,000 | $26K | Reduce -16.1% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 26,000 | $25K | Reduce -13.3% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 26,000 | $25K | Reduce -13.3% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 19,000 | $24K | Reduce -24.0% |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | 20,000 | $22K | New |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 19,000 | $21K | Reduce -17.4% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 20,000 | $21K | Reduce -13.0% |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 21,000 | $20K | Reduce -12.5% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 15,000 | $19K | Reduce -11.8% |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 21,000 | $19K | Reduce -12.5% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 10,000 | $18K | Reduce -9.1% |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 15,000 | $17K | New |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 16,000 | $16K | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 16,000 | $15K | Reduce -11.1% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 15,000 | $15K | Reduce -11.8% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 15,000 | $15K | Reduce -11.8% |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 15,000 | $13K | Reduce -11.8% |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 30,000 | $3K | No change |
Total filed on the 13F, all lines: $498.7M.
Portfolio Sells Q1 2025 → Q2 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -88.4% | 0.57% | −5.31 |
| GLD SPDR Gold Shares | Reduce -21.9% | 1.18% | −0.54 |
| ADBE Adobe Inc. | Reduce -74.9% | 0.12% | −0.44 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -42.2% | 0.43% | −0.43 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.9% | 2.42% | −0.38 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -36.1% | 0.63% | −0.35 |
| AMZN Amazon.com Inc. | Reduce -7.3% | 2.57% | −0.33 |
| IVW iShares S&P 500 Growth ETF | Reduce -54.8% | 0.26% | −0.33 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.28 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -68.4% | 0.11% | −0.26 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.22 |
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −0.21 |
| SGOV iShares 0-3 Month Treasury B | Reduce -14.8% | 0.47% | −0.19 |
| MAXJ iShares LG Cap Max Buff Jun | Reduce -5.2% | 0.96% | −0.18 |
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 1.62% | −0.14 |
| SPEM State Street SP PTF Em ETF | Reduce -38.7% | 0.17% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -4.8% | 0.53% | −0.12 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.11 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.10 |
| PJUN Innovator U.S. Equity Power | Sold out | 0.00% | −0.10 |
| RCS PIMCO Strategic Income Fund | Reduce -32.7% | 0.15% | −0.09 |
| GPRF Access Preferred and Hybrid | Sold out | 0.00% | −0.09 |
| HALO Halozyme Therapeutics Inc. | Sold out | 0.00% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -6.7% | 0.23% | −0.08 |
| CORT Corcept Therapeutics Inc. | Sold out | 0.00% | −0.08 |
| CERY SS SPDR BBG En RY CM St N-Ui | Reduce -43.2% | 0.07% | −0.08 |
| UCON First Trust Smith Unconstrai | Sold out | 0.00% | −0.08 |
| RSDE Ftvestuseqeqlwghtbuffetfdec | Sold out | 0.00% | −0.08 |
| MRVL Marvell Technology Inc. | Reduce -28.9% | 0.22% | −0.08 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −0.07 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.07 |
| SO The Southern Co. | Reduce -10.2% | 0.20% | −0.07 |
| INTC Intel Corp. | Sold out | 0.00% | −0.07 |
| OKE Oneok Inc. | Reduce -8.3% | 0.11% | −0.07 |
| DFAT Dimensional US Target Value | Reduce -4.2% | 0.32% | −0.06 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.06 |
| BP BP PLC-Spons ADR | Reduce -18.9% | 0.09% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -7.8% | 0.05% | −0.06 |
| CCJ Cameco Corp. | Reduce -49.2% | 0.19% | −0.06 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -2.5% | 0.26% | −0.06 |
| AIT Applied Industrial Tech Inc. | Sold out | 0.00% | −0.06 |
| SCHR Schwab Intermediate-Term US | Sold out | 0.00% | −0.06 |
| QLTA iShares Aaa - A Rated Corpor | Sold out | 0.00% | −0.06 |
| SIXF Allian US Equ 6 Mon BU10-Usd | Sold out | 0.00% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.06 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.06 |
| AUGT Allianzim US Eq BFFR10 AG-US | Sold out | 0.00% | −0.06 |
| GLW Corning Inc. | Reduce -31.8% | 0.10% | −0.06 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +1.5% | 5.53% | +0.58 |
| IYW iShares Ustechnology ETF | New | 0.57% | +0.57 |
| AVGO Broadcom Inc. | Add +42.3% | 1.13% | +0.55 |
| IYC iShares US Consumer Discreti | New | 0.53% | +0.53 |
| IYZ iShares US Telecommunication | New | 0.53% | +0.53 |
| IYF iShares US Financials ETF | New | 0.53% | +0.53 |
| NFLX Netflix Inc. | Add +111.6% | 0.75% | +0.46 |
| SPMO Invesco S&P 500 Momentum ETF | New | 0.41% | +0.41 |
| VOO Vanguard S&P 500 ETF | Add +73.9% | 1.04% | +0.39 |
| AMD Advanced Micro Devices | Add +0.5% | 2.32% | +0.31 |
| VRT Vertiv Holdings Co. Class A | Add +5.3% | 0.80% | +0.29 |
| QQQ Invesco QQQ Trust Series 1 | Add +33.0% | 1.19% | +0.27 |
| FTCB FT Core Investment Grade ETF | New | 0.26% | +0.26 |
| COST Costco Wholesale Corp. | Add +42.1% | 1.33% | +0.25 |
| FTHI Fthi/First Trust Exchange-TR | New | 0.24% | +0.24 |
| IWD iShares Russell 1000 Value E | New | 0.22% | +0.22 |
| HYLS FT Tactical High Yield ETF | New | 0.20% | +0.20 |
| META Meta Platforms Inc. Class A | Add +3.0% | 2.17% | +0.19 |
| SSO Proshares Ultra S&P500 | New | 0.18% | +0.18 |
| FTQI First Trust Nasdaq Buywrite | New | 0.18% | +0.18 |
| EFA iShares MSCI Eafe ETF | Add +367.5% | 0.22% | +0.17 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.17% | +0.17 |
| SPAB SS SPDR P Agg Bond ETF | Add +256.1% | 0.23% | +0.15 |
| AMT American Tower Corp. | New | 0.15% | +0.15 |
| VYM Vanguard High DVD Yield ETF | Add +131.3% | 0.29% | +0.14 |
| EEM iShares MSCI Emerging Market | New | 0.14% | +0.14 |
| OXY Occidental Petroleum Corp. | New | 0.12% | +0.12 |
| ORCL Oracle Corp. | Add +15.7% | 0.34% | +0.11 |
| RDVI FT Vest Rising Dividend Achi | Add +59.2% | 0.41% | +0.11 |
| KNG FT Vest S&P 500 DVD Arst TRG | New | 0.11% | +0.11 |
| SOXX iShares Semiconductor ETF | New | 0.10% | +0.10 |
| IGV iShares Expanded Tech-Softwa | New | 0.10% | +0.10 |
| CGBL Cap Group Core Balanced | New | 0.10% | +0.10 |
| CGGR Cap Group Growth Equity | New | 0.10% | +0.10 |
| FAAR First Trust Alt Abs Ret ETF | New | 0.10% | +0.10 |
| IBM Intl Business Machines Corp. | Add +83.6% | 0.21% | +0.10 |
| HOOD Robinhood Markets Inc. Class A | Add +5.9% | 0.19% | +0.09 |
| SMR Nuscale Power Corp. | New | 0.09% | +0.09 |
| FMF First Trust Managed Futures | New | 0.09% | +0.09 |
| CGGE Cap Group Global Eq | New | 0.09% | +0.09 |
| TRV The Travelers Cos Inc. | New | 0.09% | +0.09 |
| ENB Enbridge Inc. | New | 0.08% | +0.08 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.08% | +0.08 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.08% | +0.08 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.08% | +0.08 |
| FTLS First Trust Long/Short Eqty | Add +189.1% | 0.13% | +0.08 |
| IEFA iShares Core MSCI Eafe ETF | Add +34.2% | 0.42% | +0.08 |
| BAC Bank of America Corp. | New | 0.08% | +0.08 |
| APH Amphenol Corp. Class A | New | 0.08% | +0.08 |
| EVRG Evergy Inc. | New | 0.07% | +0.07 |
Notes & Other Activity Q1 2025 → Q2 2025
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | Reduce -12.2% | 43,000 | $43K |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Reduce -12.1% | 29,000 | $41K |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Reduce -13.3% | 26,000 | $41K |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Reduce -13.3% | 26,000 | $40K |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Sold out | 30,000 | $40Kbefore exit |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -20.0% | 20,000 | $36K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -13.8% | 25,000 | $35K |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | Reduce -13.3% | 26,000 | $35K |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | New | 36,000 | $35K |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | New | 26,000 | $34K |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Reduce -19.4% | 29,000 | $34K |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | New | 36,000 | $34K |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | New | 28,000 | $33K |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -10.8% | 33,000 | $33K |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 33,000 | $32Kbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Reduce -13.8% | 25,000 | $31K |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | Reduce -13.3% | 26,000 | $31K |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Reduce -13.2% | 33,000 | $31K |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Reduce -16.7% | 30,000 | $31K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Sold out | 36,000 | $31Kbefore exit |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | Reduce -13.3% | 26,000 | $31K |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Reduce -13.9% | 31,000 | $30K |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Reduce -13.0% | 20,000 | $30K |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 30,000 | $30Kbefore exit |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | Reduce -13.3% | 26,000 | $30K |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | Reduce -16.7% | 20,000 | $30K |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Reduce -13.3% | 26,000 | $29K |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | Reduce -16.7% | 30,000 | $29K |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -14.3% | 30,000 | $29K |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | Reduce -17.1% | 29,000 | $29K |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -16.1% | 26,000 | $26K |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Reduce -13.3% | 26,000 | $25K |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Reduce -13.3% | 26,000 | $25K |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Reduce -24.0% | 19,000 | $24K |
| TETRA TECH INC (TTEK 2.25 08/15/28) | DBCV 2.250% 8/1 · principal | New | 20,000 | $22K |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Reduce -17.4% | 19,000 | $21K |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | Reduce -13.0% | 20,000 | $21K |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | Reduce -12.5% | 21,000 | $20K |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | Reduce -11.8% | 15,000 | $19K |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Reduce -12.5% | 21,000 | $19K |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | Reduce -9.1% | 10,000 | $18K |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Sold out | 24,000 | $18Kbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | New | 15,000 | $17K |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | New | 16,000 | $16K |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Reduce -11.1% | 16,000 | $15K |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -11.8% | 15,000 | $15K |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Reduce -11.8% | 15,000 | $15K |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | Reduce -11.8% | 15,000 | $13K |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | Sold out | 50,000 | $11Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 458 | $734.2M | TSLA, NVDA, AMD, MSFT, AAPL |
| Q1 2026 | 414 | $594.9M | NVDA, TSLA, MSFT, FTSM, AAPL |
| Q4 2025 | 392 | $603.4M | TSLA, NVDA, MSFT, AAPL, AMD |
| Q3 2025 | 363 | $578.3M | TSLA, NVDA, MSFT, AAPL, SPY |
| Q2 2025 | 334 | $497.5M | NVDA, TSLA, MSFT, AAPL, AMZN |
| Q1 2025 | 284 | $412.9M | TSLA, NVDA, BIL, MSFT, AAPL |
| Q4 2024 | 292 | $436.7M | TSLA, NVDA, MSFT, AAPL, AMZN |
| Q3 2024 | 285 | $400.0M | NVDA, TSLA, MSFT, AAPL, AMD |
| Q2 2024 | 264 | $377.4M | NVDA, TSLA, MSFT, AAPL, AMZN |
| Q1 2024 | 247 | $313.5M | NVDA, MSFT, AMD, AMZN, AAPL |