Balboa Wealth Partners
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 16, 2026), Balboa Wealth Partners reported 392 stock positions worth $603.4 million. Its top holding was Tesla (TSLA) at 9.0% of the portfolio, followed by Nvidia (NVDA, 8.2%) and Microsoft (MSFT, 4.5%). Compared with Q3 2025, it opened 54 new positions, sold out of 25, added to 166 and reduced 151. The biggest buy was a new position in iShares U.S. Healthcare ETF (IYH) and the biggest sale Nvidia (NVDA, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- SCOTTSDALE, AZ
- CIK
- 0001929008
- Portfolio Value
- $603.4M (Q4 2025)
- SEC Filing
- 0001951757-26-000198 ↗ filed Jan 16, 2026
Holdings Value
Holdings 392 stocks · $603.4M
| TSLA Tesla Inc. | 9.03% | 121,100 | $54.5M | Reduce -1.6% |
| NVDA Nvidia Corp. | 8.19% | 265,123 | $49.4M | Reduce -5.6% |
| MSFT Microsoft Corp. | 4.49% | 56,031 | $27.1M | Reduce -0.2% |
| AAPL Apple Inc. | 3.14% | 69,701 | $18.9M | Reduce -0.1% |
| AMD Advanced Micro Devices | 2.89% | 81,384 | $17.4M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 2.41% | 46,250 | $14.5M | Reduce -7.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.34% | 20,727 | $14.1M | Reduce -1.8% |
| AMZN Amazon.com Inc. | 2.14% | 55,951 | $12.9M | Reduce -3.5% |
| META Meta Platforms Inc. Class A | 1.96% | 17,891 | $11.8M | Add +20.4% |
| VOO Vanguard S&P 500 ETF | 1.91% | 18,398 | $11.5M | Add +6.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.50% | 29,844 | $9.1M | Reduce -4.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.43% | 25,703 | $8.6M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.26% | 15,067 | $7.6M | Reduce -4.2% |
| APP AppLovin Corp. Class A | 1.25% | 11,150 | $7.5M | Reduce -2.7% |
| PLTR Palantir Technologies Inc. Class A | 1.24% | 42,208 | $7.5M | Reduce -2.3% |
| AVGO Broadcom Inc. | 1.16% | 20,196 | $7.0M | Add +3.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.16% | 11,349 | $7.0M | Add +6.3% |
| GLD SPDR Gold Shares | 1.14% | 17,291 | $6.9M | Reduce -15.8% |
| GOOGL Alphabet Inc. Class A | 1.02% | 19,636 | $6.1M | Add +1.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.00% | 8 | $6.0M | No change |
| MU Micron Technology Inc. | 1.00% | 21,123 | $6.0M | Reduce -4.0% |
| ZECP Zacks Earnings Consistent Po | 0.96% | 166,093 | $5.8M | Add +14.3% |
| DDS Dillards Inc. Class A | 0.95% | 9,411 | $5.7M | No change |
| MDY State Street SPDR S&P Midcap | 0.92% | 9,177 | $5.5M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.89% | 6,222 | $5.4M | Reduce -3.8% |
| VEA Vanguard Ftse Developed ETF | 0.85% | 82,134 | $5.1M | Reduce -0.2% |
| STRL Sterling Infrastructure Inc. | 0.76% | 15,050 | $4.6M | Add +1.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.68% | 3,856 | $4.1M | Reduce -1.8% |
| VGSH Vanguard Short-Term Treasury | 0.64% | 65,847 | $3.9M | Add +82.3% |
| VRT Vertiv Holdings Co. Class A | 0.60% | 22,395 | $3.6M | Reduce -22.1% |
| JPM JPMorgan Chase & Co. | 0.58% | 10,847 | $3.5M | Add +3.0% |
| VWO Vanguard Ftse Emerging Marke | 0.58% | 64,944 | $3.5M | Add +5.8% |
| IYW iShares Ustechnology ETF | 0.53% | 16,094 | $3.2M | Reduce -2.2% |
| IYZ iShares US Telecommunication | 0.50% | 88,963 | $3.0M | Reduce -0.7% |
| XLK SS Technology Select Sector | 0.48% | 20,203 | $2.9M | Reduce -1.9% |
| IYH iShares U.S. Healthcare ETF | 0.48% | 44,382 | $2.9M | New |
| MA Mastercard Inc. Class A | 0.47% | 4,973 | $2.8M | Reduce -0.2% |
| BA The Boeing Co. | 0.46% | 12,833 | $2.8M | Reduce -3.6% |
| FTSM First Trust Enh Short Mat FD | 0.46% | 45,895 | $2.8M | New |
| IDU iShares US Utilities ETF | 0.45% | 25,244 | $2.7M | Reduce -1.9% |
| GS Goldman Sachs Group Inc. | 0.45% | 3,065 | $2.7M | Reduce -0.7% |
| AXP American Express Co. | 0.44% | 7,206 | $2.7M | Add +2.7% |
| NFLX Netflix Inc. | 0.41% | 26,636 | $2.5M | Reduce -12.6% |
| XLE SS Energy Select Sector | 0.41% | 55,811 | $2.5M | Add +0.5% |
| RDVI FT Vest Rising Dividend Achi | 0.38% | 88,043 | $2.3M | Add +5.3% |
| QUIZ Zacks QLTY Inter'l Fund | 0.38% | 87,048 | $2.3M | Add +29.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.38% | 4,787 | $2.3M | Reduce -1.6% |
| ABBV Abbvie Inc. | 0.37% | 9,838 | $2.2M | Add +4.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.37% | 11,703 | $2.2M | Reduce -4.5% |
| ORCL Oracle Corp. | 0.37% | 11,362 | $2.2M | Reduce -9.2% |
| JNJ Johnson & Johnson | 0.35% | 10,290 | $2.1M | Add +20.9% |
| SMIZ Zacks Small/Mid Cap ETF | 0.35% | 57,419 | $2.1M | Add +16.1% |
| AGG iShares Core U.S. Aggregate | 0.35% | 21,250 | $2.1M | Add +14.2% |
| V Visa Inc. Class A | 0.35% | 5,996 | $2.1M | Add +6.1% |
| MAXJ iShares LG Cap Max Buff Jun | 0.32% | 68,109 | $1.9M | Reduce -9.0% |
| FISR SS Fi Sector Rotation | 0.31% | 72,094 | $1.9M | Add +48.4% |
| XLSR SS US Sector Rotation | 0.29% | 27,798 | $1.7M | Reduce -2.8% |
| RTX RTX Corp. | 0.27% | 9,007 | $1.7M | Reduce -2.3% |
| SPMO Invesco S&P 500 Momentum ETF | 0.27% | 13,587 | $1.6M | Reduce -25.6% |
| BTC Grayscale Bitcoin Mini ETF | 0.26% | 41,234 | $1.6M | Reduce -7.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.26% | 3,392 | $1.6M | Reduce -5.8% |
| EMLC Vaneck JPM Em Local Curr BND | 0.26% | 60,025 | $1.5M | Add +263.9% |
| DUSB Dimension Ultrashort Fi ETF | 0.25% | 30,232 | $1.5M | New |
| VYM Vanguard High DVD Yield ETF | 0.25% | 10,656 | $1.5M | Add +0.3% |
| DFAT Dimensional US Target Value | 0.25% | 25,311 | $1.5M | Reduce -12.5% |
| AER Aercap Holdings NV | 0.25% | 10,442 | $1.5M | Reduce -6.6% |
| LLY Eli Lilly & Co. | 0.25% | 1,383 | $1.5M | Reduce -10.1% |
| HOOD Robinhood Markets Inc. Class A | 0.24% | 13,021 | $1.5M | Add +3.4% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.24% | 42,918 | $1.5M | Add +2.6% |
| IVW iShares S&P 500 Growth ETF | 0.24% | 11,898 | $1.5M | Reduce -1.0% |
| FTCB FT Core Investment Grade ETF | 0.24% | 68,998 | $1.5M | Add +12.1% |
| IVV iShares Core S&P 500 ETF | 0.24% | 2,072 | $1.4M | Add +3.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.23% | 31,543 | $1.4M | Add +39.2% |
| FTHI Fthi/First Trust Exchange-TR | 0.23% | 57,560 | $1.4M | Add +8.6% |
| EFA iShares MSCI Eafe ETF | 0.22% | 13,879 | $1.3M | Add +0.6% |
| SCHX Schwab US Large-Cap ETF | 0.22% | 48,444 | $1.3M | Add +91.3% |
| XOM Exxon Mobil Corp. | 0.21% | 10,558 | $1.3M | Add +4.2% |
| DUK Duke Energy Corp. | 0.21% | 10,771 | $1.3M | Reduce -2.8% |
| CCJ Cameco Corp. | 0.20% | 13,066 | $1.2M | Reduce -0.3% |
| PH Parker Hannifin Corp. | 0.20% | 1,343 | $1.2M | Reduce -3.5% |
| MRVL Marvell Technology Inc. | 0.20% | 13,871 | $1.2M | Reduce -0.6% |
| HD Home Depot Inc. | 0.19% | 3,401 | $1.2M | Add +5.3% |
| ISRG Intuitive Surgical Inc. | 0.19% | 2,062 | $1.2M | Reduce -3.2% |
| AVDV Avantis Intl S/C Value ETF | 0.19% | 12,359 | $1.2M | Add +23.1% |
| SGOL Abrdn Physical Gold Shares | 0.19% | 28,147 | $1.2M | Add +0.2% |
| SPEM State Street SP PTF Em ETF | 0.19% | 24,505 | $1.1M | Reduce -1.6% |
| URA Global X Uranium ETF | 0.19% | 26,727 | $1.1M | Add +0.2% |
| B Barrick Mining Corp. | 0.18% | 25,546 | $1.1M | Reduce -2.1% |
| HYLS FT Tactical High Yield ETF | 0.18% | 26,543 | $1.1M | Add +7.2% |
| SSO Proshares Ultra S&P500 | 0.17% | 18,065 | $1.0M | Reduce -1.6% |
| VZ Verizon Communications Inc. | 0.17% | 24,820 | $1.0M | Reduce -3.3% |
| PG The Procter & Gamble Co. | 0.17% | 7,025 | $1.0M | Add +14.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.17% | 3,187 | $1.0M | Add +2.9% |
| AVEM Avantis Emerging Markets Eq | 0.17% | 12,989 | $1.0M | Add +29.2% |
| SCCO Southern Copper Corp. | 0.16% | 6,908 | $991K | Add +2.8% |
| DFUV Dimensional US Marketwide Va | 0.16% | 21,219 | $989K | No change |
| SCHW Schwab (charles) Corp. | 0.16% | 9,831 | $982K | Reduce -0.3% |
| WMT Walmart Inc. | 0.16% | 8,796 | $980K | Add +11.9% |
| SO The Southern Co. | 0.16% | 11,181 | $975K | Add +6.2% |
| OMAH Vistashares TRG 15 Berkshire | 0.16% | 51,970 | $974K | Reduce -29.7% |
Other holdings (41): bonds, preferreds, convertibles and warrants · $1.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 26,000 | $97K | No change |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 19,000 | $87K | Reduce -5.0% |
| ADVANCED ENERGY IND (AEIS 2.5 09/15/28) | NOTE 2.500% 9/1 · principal | 26,000 | $42K | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 26,000 | $40K | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 30,000 | $39K | Add +3.5% |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 26,000 | $38K | No change |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 34,000 | $36K | Add +17.2% |
| OSI SYSTEMS INC (OSIS 2.25 08/01/29) | NOTE 2.250% 8/0 · principal | 24,000 | $35K | No change |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 29,000 | $34K | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 28,000 | $33K | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 32,000 | $33K | Reduce -3.0% |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 34,000 | $33K | Reduce -2.9% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 29,000 | $33K | Add +52.6% |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 26,000 | $33K | No change |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | 28,000 | $33K | Add +3.7% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 32,000 | $30K | Reduce -3.0% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 28,000 | $30K | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 33,000 | $30K | Reduce -8.3% |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | 20,000 | $30K | New |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 30,000 | $30K | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 30,000 | $29K | No change |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 30,000 | $29K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 29,000 | $29K | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 29,000 | $29K | No change |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 25,000 | $28K | Reduce -3.9% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 24,000 | $27K | Reduce -4.0% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 25,000 | $27K | Reduce -3.9% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 10,000 | $26K | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 24,000 | $25K | Reduce -7.7% |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 15,000 | $22K | No change |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | 19,000 | $21K | Reduce -5.0% |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 15,000 | $21K | No change |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | 16,000 | $20K | No change |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 21,000 | $20K | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 20,000 | $19K | No change |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 10,000 | $17K | Reduce -50.0% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 13,000 | $16K | Reduce -7.1% |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | 11,000 | $15K | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 14,000 | $14K | Reduce -6.7% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 12,000 | $14K | No change |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 13,000 | $13K | Reduce -7.1% |
Total filed on the 13F, all lines: $604.6M.
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -5.6% | 8.19% | −0.87 |
| MSFT Microsoft Corp. | Reduce -0.2% | 4.49% | −0.54 |
| IYF iShares US Financials ETF | Sold out | 0.00% | −0.48 |
| TSLA Tesla Inc. | Reduce -1.6% | 9.03% | −0.43 |
| ORCL Oracle Corp. | Reduce -9.2% | 0.37% | −0.24 |
| NFLX Netflix Inc. | Reduce -12.6% | 0.41% | −0.22 |
| ADBE Adobe Inc. | Reduce -52.3% | 0.15% | −0.18 |
| APP AppLovin Corp. Class A | Reduce -2.7% | 1.25% | −0.18 |
| VRT Vertiv Holdings Co. Class A | Reduce -22.1% | 0.60% | −0.15 |
| COST Costco Wholesale Corp. | Reduce -3.8% | 0.89% | −0.15 |
| S Sentinelone Inc. Class A | Reduce -76.4% | 0.03% | −0.14 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.14 |
| GLD SPDR Gold Shares | Reduce -15.8% | 1.14% | −0.13 |
| BTC Grayscale Bitcoin Mini ETF | Reduce -7.3% | 0.26% | −0.12 |
| PLTR Palantir Technologies Inc. Class A | Reduce -2.3% | 1.24% | −0.12 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -50.4% | 0.10% | −0.12 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -25.6% | 0.27% | −0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.2% | 1.26% | −0.11 |
| DUOL Duolingo | Sold out | 0.00% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.8% | 2.34% | −0.09 |
| OMAH Vistashares TRG 15 Berkshire | Reduce -29.7% | 0.16% | −0.08 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -53.6% | 0.06% | −0.08 |
| MELI MercadoLibre Inc. | Reduce -30.5% | 0.10% | −0.07 |
| T AT&T Inc. | Reduce -20.2% | 0.13% | −0.07 |
| AMZN Amazon.com Inc. | Reduce -3.5% | 2.14% | −0.06 |
| CERY SS SPDR BBG En RY CM St N-Ui | Reduce -41.1% | 0.07% | −0.05 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.05 |
| LNG Cheniere Energy Inc. | Reduce -13.3% | 0.11% | −0.05 |
| FDN First Trust DJ Internet Ind | Sold out | 0.00% | −0.05 |
| XYZ Block Inc. | Reduce -21.2% | 0.10% | −0.05 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.05 |
| EXCHANGE TRADED CONCEPTS TRU | Sold out | 0.00% | −0.05 |
| O Realty Income Corp. | Sold out | 0.00% | −0.05 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.05 |
| MAXJ iShares LG Cap Max Buff Jun | Reduce -9.0% | 0.32% | −0.04 |
| BITB Bitwise Bitcoin ETF | Sold out | 0.00% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -20.3% | 0.09% | −0.04 |
| LTBR Lightbridge Corp. | Sold out | 0.00% | −0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -5.8% | 0.26% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -10.3% | 0.15% | −0.04 |
| DFAT Dimensional US Target Value | Reduce -12.5% | 0.25% | −0.04 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.04 |
| NOW ServiceNow Inc. | Reduce -3.7% | 0.14% | −0.04 |
| IDU iShares US Utilities ETF | Reduce -1.9% | 0.45% | −0.04 |
| EUAD Select Stoxx Eur Aer DE ETF | Sold out | 0.00% | −0.04 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.04 |
| EXLS Exlservice Holdings Inc. | Sold out | 0.00% | −0.04 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.04 |
| CVSA Covista Inc. | Sold out | 0.00% | −0.04 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| IYH iShares U.S. Healthcare ETF | New | 0.48% | +0.48 |
| FTSM First Trust Enh Short Mat FD | New | 0.46% | +0.46 |
| VGSH Vanguard Short-Term Treasury | Add +82.3% | 0.64% | +0.27 |
| DUSB Dimension Ultrashort Fi ETF | New | 0.25% | +0.25 |
| GOOGL Alphabet Inc. Class A | Add +1.7% | 1.02% | +0.21 |
| EMLC Vaneck JPM Em Local Curr BND | Add +263.9% | 0.26% | +0.18 |
| APLD Applied Digital Corp. | New | 0.14% | +0.14 |
| RMOP Rockefeller Opport Muni ETF | New | 0.13% | +0.13 |
| MINT PIMCO Enhanced Short Maturit | New | 0.11% | +0.11 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | New | 0.11% | +0.11 |
| ZECP Zacks Earnings Consistent Po | Add +14.3% | 0.96% | +0.11 |
| SCHX Schwab US Large-Cap ETF | Add +91.3% | 0.22% | +0.10 |
| FISR SS Fi Sector Rotation | Add +48.4% | 0.31% | +0.09 |
| QUIZ Zacks QLTY Inter'l Fund | Add +29.2% | 0.38% | +0.09 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.09% | +0.09 |
| JNJ Johnson & Johnson | Add +20.9% | 0.35% | +0.08 |
| SCHZ Schwab US Aggregate Bond ETF | New | 0.08% | +0.08 |
| LRCX Lam Research Corp. | New | 0.08% | +0.08 |
| CGMU Cap Group Municipal Income | New | 0.08% | +0.08 |
| VOO Vanguard S&P 500 ETF | Add +6.1% | 1.91% | +0.08 |
| META Meta Platforms Inc. Class A | Add +20.4% | 1.96% | +0.07 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +39.2% | 0.23% | +0.06 |
| GILD Gilead Sciences Inc. | New | 0.06% | +0.06 |
| FTMS FR Short-Term Muni Inc. ETF | New | 0.06% | +0.06 |
| SCHA Schwab US Small-Cap ETF | New | 0.05% | +0.05 |
| CAH Cardinal Health Inc. | New | 0.05% | +0.05 |
| FEMB First Trust Emerging Markets | New | 0.05% | +0.05 |
| SOXX iShares Semiconductor ETF | New | 0.05% | +0.05 |
| SLV iShares Silver Trust | Add +46.5% | 0.10% | +0.05 |
| INTC Intel Corp. | Add +96.7% | 0.10% | +0.05 |
| VTR Ventas Inc. | New | 0.05% | +0.05 |
| MRK Merck & Co. Inc. | Add +47.7% | 0.11% | +0.05 |
| HON Honeywell International Inc. | New | 0.05% | +0.05 |
| GDLC Grayscale Coindesk 5 ETF | New | 0.05% | +0.05 |
| IAU iShares Gold Trust | New | 0.05% | +0.05 |
| SCHF Schwab Intl Equity ETF | New | 0.05% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.3% | 1.16% | +0.05 |
| ETH Grayscale Ethereum Staking M | New | 0.05% | +0.05 |
| CAT Caterpillar Inc. | Add +31.9% | 0.13% | +0.04 |
| AA Alcoa Corp. | New | 0.04% | +0.04 |
| JPIE JPMorgan Income ETF | New | 0.04% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | New | 0.04% | +0.04 |
| CB Chubb Ltd. | New | 0.04% | +0.04 |
| MET Metlife Inc. | New | 0.04% | +0.04 |
| LMBS First Trust Low Duration Opp | New | 0.04% | +0.04 |
| FXH First Trust Health Care Alph | New | 0.04% | +0.04 |
| USB US Bancorp | New | 0.04% | +0.04 |
| FOXA Fox Corp. Class A | New | 0.04% | +0.04 |
| ALB Albemarle Corp. | Add +15.9% | 0.09% | +0.04 |
| TFC Truist Financial Corp. | New | 0.04% | +0.04 |
Options Activity Q3 2025 → Q4 2025
| TESLA INC | call | Sold out | 293,868 | $294Kbefore exit |
| STATE STR SPDR S&P 500 ETF T | put | Sold out | 20,000 | $3Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Reduce -5.0% | 19,000 | $87K |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +3.5% | 30,000 | $39K |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Add +17.2% | 34,000 | $36K |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -3.0% | 32,000 | $33K |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | Reduce -2.9% | 34,000 | $33K |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Add +52.6% | 29,000 | $33K |
| WEC ENERGY GROUP INC (WEC 4.375 06/01/29) | NOTE 4.375% 6/0 · principal | Add +3.7% | 28,000 | $33K |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Reduce -3.0% | 32,000 | $30K |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Reduce -8.3% | 33,000 | $30K |
| SNOWFLAKE INC (SNOW 0 10/01/27) | NOTE 10/0 · principal | New | 20,000 | $30K |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Reduce -3.9% | 25,000 | $28K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | Reduce -4.0% | 24,000 | $27K |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Reduce -3.9% | 25,000 | $27K |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Sold out | 25,000 | $25Kbefore exit |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Sold out | 26,000 | $25Kbefore exit |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | Reduce -7.7% | 24,000 | $25K |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Sold out | 26,000 | $25Kbefore exit |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Reduce -5.0% | 19,000 | $21K |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Sold out | 21,000 | $19Kbefore exit |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | Reduce -50.0% | 10,000 | $17K |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Reduce -7.1% | 13,000 | $16K |
| IRHYTHM HOLDINGS INC (IRTC 1.5 09/01/29) | NOTE 1.500% 9/0 · principal | New | 11,000 | $15K |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | Reduce -6.7% | 14,000 | $14K |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | Reduce -7.1% | 13,000 | $13K |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | Sold out | 14,000 | $13Kbefore 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 |