Balefire, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Balefire, LLC reported 295 stock positions worth $292.5 million. Its top holding was SS SPDR P S&P 1500 Comp ETF (SPTM) at 7.4% of the portfolio, followed by Regan Floating Rate MBS ETF (MBSF, 4.2%) and iShares 1-3 Year Treasury Bo (SHY, 4.1%). Compared with Q3 2024, it opened 74 new positions, sold out of 23, added to 70 and reduced 141. The biggest buy was a new position in Invesco QQQ Trust Series 1 (QQQ) and the biggest sale an exit from SS SPDR P High Yield ETF (SPHY).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001750924
- Portfolio Value
- $292.5M (Q4 2024)
- SEC Filing
- 0001750924-25-000001 ↗ filed Feb 3, 2025
Holdings Value
Holdings 295 stocks · $292.5M
| SPTM SS SPDR P S&P 1500 Comp ETF | 7.36% | 302,059 | $21.5M | Reduce -12.4% |
| MBSF Regan Floating Rate MBS ETF | 4.19% | 480,755 | $12.2M | Add +9.1% |
| SHY iShares 1-3 Year Treasury Bo | 4.08% | 145,553 | $11.9M | Reduce -18.1% |
| PM Philip Morris International | 2.77% | 67,017 | $8.1M | Reduce -2.2% |
| SPAB SS SPDR P Agg Bond ETF | 2.73% | 319,521 | $8.0M | Reduce -12.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.22% | 60,688 | $6.5M | Reduce -11.7% |
| DE Deere & Co. | 1.98% | 13,837 | $5.8M | Add +5.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.90% | 60,702 | $5.6M | Add +84.6% |
| SDY SS SPDR S&P Dividend ETF | 1.78% | 39,592 | $5.2M | Reduce -12.7% |
| GLD SPDR Gold Shares | 1.61% | 19,228 | $4.7M | Reduce -6.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.59% | 10,302 | $4.6M | Reduce -7.9% |
| FISV Fiserv Inc. | 1.53% | 21,754 | $4.5M | Reduce -2.6% |
| REM iShares Mortgage Real Estate | 1.48% | 201,344 | $4.3M | Reduce -9.6% |
| BAX Baxter International Inc. | 1.37% | 137,007 | $4.0M | Add +5.6% |
| AAPL Apple Inc. | 1.36% | 16,345 | $4.0M | Add +2.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.33% | 7,641 | $3.9M | New |
| GOOG Alphabet Inc. Class C | 1.15% | 17,587 | $3.4M | Reduce -3.6% |
| AVTR Avantor Inc. | 1.14% | 156,767 | $3.3M | Add +5.2% |
| MSFT Microsoft Corp. | 1.13% | 7,922 | $3.3M | Reduce -4.5% |
| AGNC AGNC Investment Corp. | 0.98% | 308,207 | $2.9M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.96% | 20,391 | $2.8M | Reduce -18.6% |
| NICE Nice Ltd. - Spon ADR | 0.96% | 16,469 | $2.8M | Add +285.8% |
| HYLB Xtrackers Usd High Yield Cor | 0.95% | 76,693 | $2.8M | Reduce -7.6% |
| AMLP Alerian MLP ETF | 0.93% | 55,704 | $2.7M | Add +44.0% |
| IHI iShares U.S. Medical Devices | 0.92% | 46,311 | $2.7M | Reduce -0.6% |
| GDX Vaneck Gold Miners ETF | 0.90% | 74,584 | $2.6M | Reduce -1.5% |
| FIS Fidelity National Info Serv | 0.89% | 32,584 | $2.6M | Reduce -1.0% |
| QTEC First Trust Nasdq 100 Tech I | 0.87% | 13,457 | $2.5M | Reduce -13.0% |
| TBIL F/M US Treasury 3 Month Bill | 0.86% | 50,297 | $2.5M | Reduce -7.7% |
| COP Conocophillips | 0.85% | 24,978 | $2.5M | Add +135.4% |
| FMS Fresenius Medical Care-ADR | 0.84% | 110,269 | $2.4M | Reduce -24.7% |
| ROST Ross Stores Inc. | 0.83% | 15,990 | $2.4M | Reduce -1.3% |
| LNG Cheniere Energy Inc. | 0.83% | 11,010 | $2.4M | Reduce -3.1% |
| LMT Lockheed Martin Corp. | 0.78% | 4,726 | $2.3M | Reduce -4.6% |
| CYBR Cyberark Software Ltd./Israel | 0.77% | 6,673 | $2.2M | Add +18.8% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.76% | 28,718 | $2.2M | Add +5.7% |
| USHY iShares Broad Usd High Yield | 0.75% | 59,800 | $2.2M | Reduce -6.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.74% | 39,183 | $2.2M | Reduce -13.7% |
| WMB Williams Cos Inc. | 0.72% | 37,946 | $2.1M | Reduce -6.5% |
| WMG Warner Music Group Corp. Class A | 0.72% | 67,236 | $2.1M | Add +1.5% |
| CLOI Vaneck Clo ETF | 0.71% | 39,147 | $2.1M | Add +26.3% |
| DDM Proshares Ultra DOW30 | 0.71% | 21,823 | $2.1M | Add +147.2% |
| AZO AutoZone Inc. | 0.70% | 634 | $2.1M | Reduce -0.9% |
| BALL Ball Corp. | 0.70% | 37,719 | $2.1M | Add +99.5% |
| AMZN Amazon.com Inc. | 0.70% | 9,291 | $2.0M | Add +30.2% |
| ORCL Oracle Corp. | 0.67% | 11,730 | $1.9M | Reduce -5.6% |
| RTO Rentokil Initial PLC-SP ADR | 0.66% | 76,363 | $1.9M | Add +10.4% |
| INDA iShares MSCI India ETF | 0.65% | 35,432 | $1.9M | Reduce -3.0% |
| IBN Icici Bank Ltd.-Spon ADR | 0.62% | 61,199 | $1.8M | Reduce -3.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.61% | 8,427 | $1.8M | New |
| CRL Charles River Laboratories | 0.60% | 9,589 | $1.8M | New |
| EMR Emerson Electric Co. | 0.57% | 13,621 | $1.7M | Reduce -2.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.54% | 13,076 | $1.6M | Add +25.3% |
| MA Mastercard Inc. Class A | 0.54% | 3,007 | $1.6M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 0.53% | 6,416 | $1.5M | Reduce -10.5% |
| DDOG Datadog Inc. Class A | 0.53% | 10,718 | $1.5M | Reduce -2.4% |
| SCHW Schwab (charles) Corp. | 0.53% | 20,846 | $1.5M | Add +3.8% |
| V Visa Inc. Class A | 0.52% | 4,879 | $1.5M | Reduce -5.1% |
| ORLY O'reilly Automotive Inc. | 0.51% | 1,246 | $1.5M | Reduce -1.3% |
| BMY Bristol-Myers Squibb Co. | 0.50% | 25,677 | $1.5M | Add +30.5% |
| AMGN Amgen Inc. | 0.49% | 5,558 | $1.4M | Add +10.8% |
| FUN Six Flags Entertainment Corp. | 0.49% | 29,733 | $1.4M | New |
| CMI Cummins Inc. | 0.48% | 4,030 | $1.4M | Reduce -1.1% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.48% | 55,149 | $1.4M | Reduce -13.2% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.47% | 32,096 | $1.4M | Reduce -12.2% |
| BN Brookfield Corp. | 0.44% | 22,351 | $1.3M | Reduce -20.6% |
| SNREY Sunrise Communicat Class A | 0.44% | 29,630 | $1.3M | New |
| ETN Eaton Corp. PLC | 0.42% | 3,709 | $1.2M | Reduce -1.1% |
| KHPI Kensington Hedged PRM in ETF filed as MANAGED PORTFOLIO SERIES | 0.42% | 48,647 | $1.2M | New |
| CCJ Cameco Corp. | 0.42% | 23,520 | $1.2M | Reduce -3.0% |
| MU Micron Technology Inc. | 0.41% | 13,880 | $1.2M | Reduce -15.1% |
| FAST Fastenal Co. | 0.39% | 16,022 | $1.1M | Reduce -3.1% |
| NVR NVR Inc. | 0.39% | 141 | $1.1M | Reduce -0.7% |
| LBRDK Liberty Broadband-C | 0.37% | 14,113 | $1.1M | Reduce -7.4% |
| DPZ Domino's Pizza Inc. | 0.37% | 2,460 | $1.1M | Reduce -1.1% |
| ACGL Arch Capital Group Ltd. | 0.36% | 11,584 | $1.1M | Reduce -21.2% |
| ILCG iShares Morningstar Growth E | 0.35% | 11,525 | $1.0M | New |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.33% | 22,671 | $977K | Add +218.5% |
| HD Home Depot Inc. | 0.33% | 2,511 | $975K | Reduce -16.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 8,596 | $953K | Reduce -0.8% |
| TQQQ Proshares Ultrapro QQQ | 0.33% | 12,089 | $951K | Reduce -37.7% |
| NFLX Netflix Inc. | 0.32% | 1,068 | $947K | Add +8.7% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 0.32% | 11,036 | $933K | New |
| LBTYK Liberty Global Ltd. Class C | 0.32% | 68,477 | $930K | Reduce -17.8% |
| MCO Moody's Corp. | 0.31% | 1,925 | $910K | Reduce -1.1% |
| QLD Proshares Ultra QQQ | 0.30% | 8,243 | $888K | Reduce -58.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 1,505 | $880K | Reduce -7.0% |
| VONG Vanguard Russell 1000 Growth | 0.30% | 8,512 | $878K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 3,932 | $865K | Reduce -20.4% |
| SIRI Sirius XM Holdings Inc. | 0.29% | 38,384 | $848K | Reduce -14.3% |
| LLY Eli Lilly & Co. | 0.28% | 1,058 | $823K | Reduce -21.2% |
| MMKT Texas Cap Govt MNY MRKT ETF | 0.27% | 7,965 | $798K | New |
| CMCSA Comcast Corp. Class A | 0.27% | 21,122 | $790K | Reduce -14.6% |
| PGR Progressive Corp. | 0.27% | 3,270 | $787K | Reduce -0.8% |
| CB Chubb Ltd. | 0.27% | 2,848 | $776K | Reduce -6.3% |
| EXPD Expeditors Intl Wash Inc. | 0.26% | 7,003 | $770K | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 0.25% | 1,337 | $719K | Add +3.6% |
| FISR SS Fi Sector Rotation | 0.23% | 26,600 | $675K | Reduce -3.0% |
| TMUS T-Mobile US Inc. | 0.23% | 3,045 | $668K | Reduce -56.9% |
| CRH CRH PLC | 0.22% | 6,974 | $647K | Reduce -7.7% |
Portfolio Sells Q3 2024 → Q4 2024
| SPHY SS SPDR P High Yield ETF | Sold out | 0.00% | −1.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -18.1% | 4.08% | −0.91 |
| XBI SS SPDR S&P Biotech ETF | Reduce -97.5% | 0.02% | −0.80 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -12.4% | 7.36% | −0.79 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.56 |
| PULS Pgim Ultra Short Bond ETF | Sold out | 0.00% | −0.56 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.53 |
| JPST JPMorgan Ultra-Short Income | Reduce -93.2% | 0.04% | −0.52 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -12.6% | 2.73% | −0.49 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -11.7% | 2.22% | −0.41 |
| SDY SS SPDR S&P Dividend ETF | Reduce -12.7% | 1.78% | −0.40 |
| QLD Proshares Ultra QQQ | Reduce -58.8% | 0.30% | −0.38 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.34 |
| REM iShares Mortgage Real Estate | Reduce -9.6% | 1.48% | −0.31 |
| LBTYK Liberty Global Ltd. Class C | Reduce -17.8% | 0.32% | −0.29 |
| TMUS T-Mobile US Inc. | Reduce -56.9% | 0.23% | −0.26 |
| FMS Fresenius Medical Care-ADR | Reduce -24.7% | 0.84% | −0.22 |
| LMT Lockheed Martin Corp. | Reduce -4.6% | 0.78% | −0.20 |
| ACGL Arch Capital Group Ltd. | Reduce -21.2% | 0.36% | −0.19 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -13.7% | 0.74% | −0.19 |
| MU Micron Technology Inc. | Reduce -15.1% | 0.41% | −0.16 |
| NEE Nextera Energy Inc. | Reduce -38.8% | 0.17% | −0.15 |
| TQQQ Proshares Ultrapro QQQ | Reduce -37.7% | 0.33% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.9% | 1.59% | −0.15 |
| QTEC First Trust Nasdq 100 Tech I | Reduce -13.0% | 0.87% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -21.2% | 0.28% | −0.12 |
| GDX Vaneck Gold Miners ETF | Reduce -1.5% | 0.90% | −0.12 |
| AGNC AGNC Investment Corp. | Reduce -0.5% | 0.98% | −0.12 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.10 |
| BABA Alibaba Group Holding-SP ADR | Reduce -21.4% | 0.16% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -42.1% | 0.10% | −0.09 |
| HYLB Xtrackers Usd High Yield Cor | Reduce -7.6% | 0.95% | −0.09 |
| NVR NVR Inc. | Reduce -0.7% | 0.39% | −0.09 |
| GLD SPDR Gold Shares | Reduce -6.9% | 1.61% | −0.08 |
| AMD Advanced Micro Devices | Reduce -30.3% | 0.09% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -14.6% | 0.27% | −0.08 |
| HD Home Depot Inc. | Reduce -16.2% | 0.33% | −0.08 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -13.2% | 0.48% | −0.08 |
| INDA iShares MSCI India ETF | Reduce -3.0% | 0.65% | −0.07 |
| IBM Intl Business Machines Corp. | Reduce -20.4% | 0.30% | −0.07 |
| MSFT Microsoft Corp. | Reduce -4.5% | 1.13% | −0.07 |
| BLK BlackRock Inc. | Reduce -33.5% | 0.18% | −0.07 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -57.1% | 0.05% | −0.07 |
| MMTM SS SPDR S&P 1500 Mom Tilt | Sold out | 0.00% | −0.07 |
| SIRI Sirius XM Holdings Inc. | Reduce -14.3% | 0.29% | −0.07 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -12.2% | 0.47% | −0.07 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.07 |
| BN Brookfield Corp. | Reduce -20.6% | 0.44% | −0.07 |
| NVDA Nvidia Corp. | Reduce -18.6% | 0.96% | −0.06 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -7.7% | 0.86% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | New | 1.33% | +1.33 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +84.6% | 1.90% | +0.88 |
| NICE Nice Ltd. - Spon ADR | Add +285.8% | 0.96% | +0.70 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.61% | +0.61 |
| CRL Charles River Laboratories | New | 0.60% | +0.60 |
| FUN Six Flags Entertainment Corp. | New | 0.49% | +0.49 |
| COP Conocophillips | Add +135.4% | 0.85% | +0.48 |
| SNREY Sunrise Communicat Class A | New | 0.44% | +0.44 |
| DDM Proshares Ultra DOW30 | Add +147.2% | 0.71% | +0.42 |
| KHPI Kensington Hedged PRM in ETF | New | 0.42% | +0.42 |
| MBSF Regan Floating Rate MBS ETF | Add +9.1% | 4.19% | +0.37 |
| ILCG iShares Morningstar Growth E | New | 0.35% | +0.35 |
| NLR Vaneck Urani & Nuclr ETF-Usd | New | 0.32% | +0.32 |
| AMLP Alerian MLP ETF | Add +44.0% | 0.93% | +0.31 |
| VONG Vanguard Russell 1000 Growth | New | 0.30% | +0.30 |
| MMKT Texas Cap Govt MNY MRKT ETF | New | 0.27% | +0.27 |
| BALL Ball Corp. | Add +99.5% | 0.70% | +0.27 |
| AMZN Amazon.com Inc. | Add +30.2% | 0.70% | +0.25 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +218.5% | 0.33% | +0.22 |
| CYBR Cyberark Software Ltd./Israel | Add +18.8% | 0.77% | +0.21 |
| IREN Iren Ltd. | New | 0.16% | +0.16 |
| ELV Elevance Health Inc. | New | 0.16% | +0.16 |
| BMY Bristol-Myers Squibb Co. | Add +30.5% | 0.50% | +0.15 |
| CLOI Vaneck Clo ETF | Add +26.3% | 0.71% | +0.15 |
| TJX TJX Companies Inc. | Add +25.3% | 0.54% | +0.13 |
| DE Deere & Co. | Add +5.0% | 1.98% | +0.12 |
| CME Cme Group Inc. | New | 0.12% | +0.12 |
| CLOB Vaneck Aa-BB Clo ETF | New | 0.11% | +0.11 |
| AAPL Apple Inc. | Add +2.5% | 1.36% | +0.11 |
| EG Everest Group Ltd. | New | 0.10% | +0.10 |
| COST Costco Wholesale Corp. | New | 0.10% | +0.10 |
| JMOM JPMorgan US Momentum Factor | New | 0.10% | +0.10 |
| PWR Quanta Services Inc. | New | 0.09% | +0.09 |
| NFLX Netflix Inc. | Add +8.7% | 0.32% | +0.09 |
| SCHW Schwab (charles) Corp. | Add +3.8% | 0.53% | +0.09 |
| FENY Fidelity MSCI Energy Index | New | 0.09% | +0.09 |
| AOK iShares Core 30/70 Conservat | New | 0.08% | +0.08 |
| CNH CNH Industrial NV | New | 0.08% | +0.08 |
| RTO Rentokil Initial PLC-SP ADR | Add +10.4% | 0.66% | +0.07 |
| PFF iShares Preferred & Income S | Add +99.3% | 0.15% | +0.07 |
| L Loews Corp. | New | 0.07% | +0.07 |
| TGT Target Corp. | New | 0.07% | +0.07 |
| ADM Archer-Daniels-Midland Co. | New | 0.07% | +0.07 |
| FLG Flagstar Bank NA | New | 0.06% | +0.06 |
| AGG iShares Core U.S. Aggregate | New | 0.06% | +0.06 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.05% | +0.05 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +51.2% | 0.13% | +0.04 |
| SHOP Shopify Inc. Class A | New | 0.04% | +0.04 |
| LBTYA Liberty Global Ltd. Class A | New | 0.04% | +0.04 |
| FTGC First Trust Global Tactical | Add +228.0% | 0.06% | +0.04 |
Notes & Other Activity Q3 2024 → Q4 2024
| GABELLI UTILITY TRUST/THE | RIGHT 10/21/2024 | Sold out | 49,065 | $1Kbefore 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 | 475 | $612.9M | SPYM, IVV, NVDA, SPTM, VOO |
| Q1 2026 | 439 | $530.7M | NVDA, SPY, BIL, SPTM, VOO |
| Q4 2025 | 394 | $513.3M | SPTM, SPY, NVDA, SHY, QQQ |
| Q3 2025 | 394 | $501.2M | SPTM, NVDA, SPY, SHY, QQQ |
| Q2 2025 | 358 | $459.7M | SPTM, SHY, QQQ, MBSF, VOO |
| Q1 2025 | 205 | $291.8M | SPTM, MBSF, SHY, SPAB, LQD |
| Q4 2024 | 295 | $292.5M | SPTM, MBSF, SHY, PM, SPAB |
| Q3 2024 | 244 | $296.2M | SPTM, SHY, MBSF, SPAB, PM |
| Q2 2024 | 810 | $281.4M | SPTM, SHY, SPAB, PM, MBSF |
| Q1 2024 | 813 | $277.4M | SPTM, SHY, SPAB, REM, QTEC |