Balefire, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Balefire, LLC reported 358 stock positions worth $459.7 million. Its top holding was SS SPDR P S&P 1500 Comp ETF (SPTM) at 3.9% of the portfolio, followed by iShares 1-3 Year Treasury Bo (SHY, 2.6%) and Invesco QQQ Trust Series 1 (QQQ, 2.3%). Compared with Q1 2025, it opened 171 new positions, sold out of 18, added to 131 and reduced 53. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +1664%) and the biggest sale SS SPDR P S&P 1500 Comp ETF (SPTM, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001750924
- Portfolio Value
- $459.7M (Q2 2025)
- SEC Filing
- 0001085146-25-003620 ↗ filed Jul 9, 2025
Holdings Value
Holdings 358 stocks · $459.7M
| SPTM SS SPDR P S&P 1500 Comp ETF | 3.87% | 237,450 | $17.8M | Reduce -20.1% |
| SHY iShares 1-3 Year Treasury Bo | 2.63% | 145,806 | $12.1M | Add +2.7% |
| QQQ Invesco QQQ Trust Series 1 | 2.25% | 18,754 | $10.3M | Add +43.3% |
| MBSF Regan Floating Rate MBS ETF | 2.25% | 404,975 | $10.3M | Reduce -14.9% |
| VOO Vanguard S&P 500 ETF | 1.94% | 15,736 | $8.9M | Add +64.4% |
| SPAB SS SPDR P Agg Bond ETF | 1.92% | 345,144 | $8.8M | Add +4.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.82% | 13,580 | $8.4M | Add +203.3% |
| NVDA Nvidia Corp. | 1.82% | 53,063 | $8.4M | Add +92.8% |
| MSFT Microsoft Corp. | 1.79% | 16,516 | $8.2M | Add +84.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.77% | 88,595 | $8.1M | Add +79.6% |
| DE Deere & Co. | 1.58% | 14,313 | $7.3M | Add +4.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.43% | 59,931 | $6.6M | Reduce -0.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.42% | 90,094 | $6.5M | Add +1664.5% |
| PM Philip Morris International | 1.32% | 33,411 | $6.1M | Reduce -12.9% |
| SDY SS SPDR S&P Dividend ETF | 1.28% | 43,267 | $5.9M | Add +10.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.26% | 11,900 | $5.8M | Add +2.1% |
| AAPL Apple Inc. | 1.26% | 28,126 | $5.8M | Add +72.2% |
| AMZN Amazon.com Inc. | 1.18% | 24,665 | $5.4M | Add +62.6% |
| GLD SPDR Gold Shares | 1.17% | 17,687 | $5.4M | Add +5.7% |
| RSP Invesco S&P 500 Equal Weight | 1.02% | 25,753 | $4.7M | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.95% | 54,033 | $4.4M | New |
| REM iShares Mortgage Real Estate | 0.95% | 203,395 | $4.3M | Reduce -3.5% |
| AVTR Avantor Inc. | 0.88% | 302,114 | $4.1M | Add +27.8% |
| IVV iShares Core S&P 500 ETF | 0.79% | 5,883 | $3.7M | Add +500.3% |
| GOOG Alphabet Inc. Class C | 0.78% | 20,312 | $3.6M | Add +3.2% |
| ORCL Oracle Corp. | 0.78% | 16,368 | $3.6M | Add +14.7% |
| BAX Baxter International Inc. | 0.77% | 116,953 | $3.5M | Reduce -6.6% |
| EFA iShares MSCI Eafe ETF | 0.70% | 36,081 | $3.2M | Add +25.6% |
| AGNC AGNC Investment Corp. | 0.70% | 349,718 | $3.2M | Add +6.6% |
| FISV Fiserv Inc. | 0.68% | 18,161 | $3.1M | Add +29.6% |
| JPM JPMorgan Chase & Co. | 0.67% | 10,577 | $3.1M | Add +42.9% |
| USHY iShares Broad Usd High Yield | 0.66% | 80,654 | $3.0M | Add +4.2% |
| LNG Cheniere Energy Inc. | 0.65% | 12,283 | $3.0M | Reduce -3.0% |
| CADE Cadence Bank | 0.65% | 92,768 | $3.0M | New |
| HYLB Xtrackers Usd High Yield Cor | 0.64% | 79,396 | $2.9M | Add +618.5% |
| WMB Williams Cos Inc. | 0.63% | 45,773 | $2.9M | Add +10.8% |
| DLTR Dollar Tree Inc. | 0.61% | 28,543 | $2.8M | Add +647.8% |
| GDX Vaneck Gold Miners ETF | 0.61% | 53,678 | $2.8M | Reduce -6.3% |
| FUN Six Flags Entertainment Corp. | 0.61% | 91,556 | $2.8M | Add +73.7% |
| KOF Coca-Cola Femsa Sab-SP ADR | 0.60% | 28,483 | $2.8M | Reduce -4.8% |
| NICE Nice Ltd. - Spon ADR | 0.59% | 16,065 | $2.7M | Reduce -33.1% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.59% | 62,781 | $2.7M | Add +78.9% |
| IQV Iqvia Holdings Inc. | 0.58% | 16,979 | $2.7M | New |
| FIS Fidelity National Info Serv | 0.57% | 32,457 | $2.6M | Reduce -38.6% |
| CYBR Cyberark Software Ltd./Israel | 0.57% | 6,430 | $2.6M | Add +8.3% |
| AMLP Alerian MLP ETF | 0.57% | 53,384 | $2.6M | Add +0.8% |
| TBIL F/M US Treasury 3 Month Bill | 0.56% | 51,461 | $2.6M | Add +0.3% |
| CCJ Cameco Corp. | 0.55% | 33,929 | $2.5M | Add +1.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.54% | 11,026 | $2.5M | New |
| BALL Ball Corp. | 0.54% | 44,231 | $2.5M | Reduce -4.5% |
| AVGO Broadcom Inc. | 0.53% | 8,882 | $2.4M | Add +180.6% |
| SPEM State Street SP PTF Em ETF | 0.53% | 56,642 | $2.4M | Add +509.8% |
| META Meta Platforms Inc. Class A | 0.53% | 3,275 | $2.4M | Add +348.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.52% | 59,356 | $2.4M | Add +430.0% |
| SPHY SS SPDR P High Yield ETF | 0.51% | 98,812 | $2.4M | New |
| COP Conocophillips | 0.51% | 26,191 | $2.4M | Add +1.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.49% | 12,787 | $2.3M | New |
| EEM iShares MSCI Emerging Market | 0.49% | 46,258 | $2.2M | Reduce -4.2% |
| ETN Eaton Corp. PLC | 0.48% | 6,144 | $2.2M | Reduce -2.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.47% | 4,971 | $2.2M | New |
| JNK SS SPDR BB High Yield Bond | 0.45% | 21,162 | $2.1M | New |
| CRL Charles River Laboratories | 0.45% | 13,494 | $2.0M | Add +39.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.43% | 20,915 | $2.0M | Add +633.6% |
| TSLA Tesla Inc. | 0.43% | 6,204 | $2.0M | Add +188.2% |
| RDVY First Trust Rising Dividend | 0.42% | 31,046 | $1.9M | New |
| IBN Icici Bank Ltd.-Spon ADR | 0.42% | 57,756 | $1.9M | Reduce -4.1% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.41% | 74,278 | $1.9M | Add +19.4% |
| RTO Rentokil Initial PLC-SP ADR | 0.40% | 77,368 | $1.9M | Reduce -6.9% |
| WMG Warner Music Group Corp. Class A | 0.40% | 68,140 | $1.9M | Reduce -4.9% |
| AGG iShares Core U.S. Aggregate | 0.39% | 17,950 | $1.8M | Add +202.0% |
| TMO Thermo Fisher Scientific Inc. | 0.39% | 4,386 | $1.8M | Add +27.2% |
| FDL First Trust Morn DVD Lead Inc. | 0.38% | 41,999 | $1.8M | New |
| GOOGL Alphabet Inc. Class A | 0.37% | 9,707 | $1.7M | New |
| IEFA iShares Core MSCI Eafe ETF | 0.37% | 20,475 | $1.7M | Add +124.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.37% | 15,382 | $1.7M | Add +98.3% |
| STIP iShares 0-5 Year Tips Bond E | 0.37% | 16,472 | $1.7M | New |
| IEMG iShares Core MSCI Emerging | 0.36% | 27,558 | $1.7M | New |
| WMT Walmart Inc. | 0.36% | 16,865 | $1.6M | Add +256.1% |
| MBB iShares MBS ETF | 0.35% | 17,089 | $1.6M | New |
| NOW ServiceNow Inc. | 0.35% | 1,552 | $1.6M | Add +275.8% |
| LVHI Franklin International Low V | 0.35% | 48,989 | $1.6M | New |
| BWZ State Street SPDR Bloomberg | 0.34% | 56,091 | $1.6M | New |
| JIRE JPMorgan Int Res Enh Eqty | 0.34% | 21,998 | $1.6M | New |
| SPHQ Invesco S&P 500 Quality ETF | 0.34% | 21,806 | $1.6M | New |
| LLY Eli Lilly & Co. | 0.34% | 1,981 | $1.5M | Add +90.1% |
| V Visa Inc. Class A | 0.34% | 4,340 | $1.5M | Add +120.5% |
| EUFN iShares MSCI Europe Financia | 0.33% | 48,564 | $1.5M | New |
| FMS Fresenius Medical Care-ADR | 0.33% | 52,578 | $1.5M | Reduce -54.7% |
| FTSM First Trust Enh Short Mat FD | 0.32% | 24,609 | $1.5M | New |
| IEUR iShares Core MSCI Europe ETF | 0.32% | 22,009 | $1.5M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 4,913 | $1.4M | Add +42.9% |
| CACI Caci International Inc. Class A | 0.31% | 3,007 | $1.4M | Add +16.2% |
| MA Mastercard Inc. Class A | 0.30% | 2,434 | $1.4M | Add +103.8% |
| BN Brookfield Corp. | 0.28% | 21,064 | $1.3M | Reduce -8.4% |
| CLOI Vaneck Clo ETF | 0.28% | 24,470 | $1.3M | Reduce -1.8% |
| SCHW Schwab (charles) Corp. | 0.28% | 14,017 | $1.3M | Reduce -56.8% |
| LBRDK Liberty Broadband-C | 0.28% | 12,942 | $1.3M | Reduce -9.8% |
| FCX Freeport-McMoran Inc. | 0.27% | 29,092 | $1.3M | New |
| LMT Lockheed Martin Corp. | 0.27% | 2,684 | $1.2M | Add +6.5% |
| LMBS First Trust Low Duration Opp | 0.27% | 24,758 | $1.2M | New |
Portfolio Sells Q1 2025 → Q2 2025
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -20.1% | 3.87% | −3.06 |
| MBSF Regan Floating Rate MBS ETF | Reduce -14.9% | 2.25% | −1.90 |
| IHI iShares U.S. Medical Devices | Sold out | 0.00% | −0.92 |
| IEI iShares 3-7 Year Treasury Bo | Sold out | 0.00% | −0.91 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -0.5% | 1.43% | −0.81 |
| FIS Fidelity National Info Serv | Reduce -38.6% | 0.57% | −0.78 |
| PM Philip Morris International | Reduce -12.9% | 1.32% | −0.76 |
| BAX Baxter International Inc. | Reduce -6.6% | 0.77% | −0.70 |
| NICE Nice Ltd. - Spon ADR | Reduce -33.1% | 0.59% | −0.68 |
| REM iShares Mortgage Real Estate | Reduce -3.5% | 0.95% | −0.67 |
| FMS Fresenius Medical Care-ADR | Reduce -54.7% | 0.33% | −0.66 |
| SCHW Schwab (charles) Corp. | Reduce -56.8% | 0.28% | −0.59 |
| MINT PIMCO Enhanced Short Maturit | Reduce -72.8% | 0.12% | −0.57 |
| JPST JPMorgan Ultra-Short Income | Reduce -75.2% | 0.09% | −0.46 |
| JAAA Janus Henderson Aaa Clo ETF | Sold out | 0.00% | −0.41 |
| BKLN Invesco Senior Loan ETF | Sold out | 0.00% | −0.40 |
| QLD Proshares Ultra QQQ | Reduce -78.8% | 0.08% | −0.38 |
| GSST Goldman Sachs Ultra Short Bo | Sold out | 0.00% | −0.37 |
| WMG Warner Music Group Corp. Class A | Reduce -4.9% | 0.40% | −0.37 |
| AMGN Amgen Inc. | Reduce -34.9% | 0.21% | −0.36 |
| BMY Bristol-Myers Squibb Co. | Reduce -26.8% | 0.20% | −0.36 |
| LNG Cheniere Energy Inc. | Reduce -3.0% | 0.65% | −0.35 |
| KOF Coca-Cola Femsa Sab-SP ADR | Reduce -4.8% | 0.60% | −0.34 |
| GDX Vaneck Gold Miners ETF | Reduce -6.3% | 0.61% | −0.29 |
| TQQQ Proshares Ultrapro QQQ | Reduce -60.1% | 0.17% | −0.29 |
| BALL Ball Corp. | Reduce -4.5% | 0.54% | −0.29 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Sold out | 0.00% | −0.27 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.27 |
| RTO Rentokil Initial PLC-SP ADR | Reduce -6.9% | 0.40% | −0.25 |
| EEM iShares MSCI Emerging Market | Reduce -4.2% | 0.49% | −0.24 |
| KHPI Kensington Hedged PRM in ETF | Reduce -39.6% | 0.16% | −0.24 |
| IBN Icici Bank Ltd.-Spon ADR | Reduce -4.1% | 0.42% | −0.23 |
| DDM Proshares Ultra DOW30 | Sold out | 0.00% | −0.22 |
| MMKT Texas Cap Govt MNY MRKT ETF | Sold out | 0.00% | −0.22 |
| MU Micron Technology Inc. | Reduce -37.9% | 0.25% | −0.20 |
| SNREY Sunrise Communicat Class A | Reduce -55.3% | 0.10% | −0.20 |
| FAST Fastenal Co. | Reduce -64.7% | 0.06% | −0.18 |
| VAL Valaris Ltd. | Sold out | 0.00% | −0.18 |
| CLOI Vaneck Clo ETF | Reduce -1.8% | 0.28% | −0.17 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.15 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.14 |
| LBRDK Liberty Broadband-C | Reduce -9.8% | 0.28% | −0.14 |
| BN Brookfield Corp. | Reduce -8.4% | 0.28% | −0.13 |
| SIRI Sirius XM Holdings Inc. | Reduce -11.3% | 0.17% | −0.13 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.13 |
| EG Everest Group Ltd. | Sold out | 0.00% | −0.12 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.11 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Reduce -1.4% | 0.17% | −0.11 |
| TJX TJX Companies Inc. | Reduce -18.4% | 0.12% | −0.11 |
| ETN Eaton Corp. PLC | Reduce -2.0% | 0.48% | −0.11 |
Portfolio Buys Q1 2025 → Q2 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +1664.5% | 1.42% | +1.31 |
| RSP Invesco S&P 500 Equal Weight | New | 1.02% | +1.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +203.3% | 1.82% | +0.97 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.95% | +0.95 |
| NVDA Nvidia Corp. | Add +92.8% | 1.82% | +0.80 |
| CADE Cadence Bank | New | 0.65% | +0.65 |
| MSFT Microsoft Corp. | Add +84.1% | 1.79% | +0.63 |
| IVV iShares Core S&P 500 ETF | Add +500.3% | 0.79% | +0.61 |
| IQV Iqvia Holdings Inc. | New | 0.58% | +0.58 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.54% | +0.54 |
| DLTR Dollar Tree Inc. | Add +647.8% | 0.61% | +0.52 |
| SPHY SS SPDR P High Yield ETF | New | 0.51% | +0.51 |
| HYLB Xtrackers Usd High Yield Cor | Add +618.5% | 0.64% | +0.50 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.49% | +0.49 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.47% | +0.47 |
| JNK SS SPDR BB High Yield Bond | New | 0.45% | +0.45 |
| RDVY First Trust Rising Dividend | New | 0.42% | +0.42 |
| SPEM State Street SP PTF Em ETF | Add +509.8% | 0.53% | +0.40 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +430.0% | 0.52% | +0.38 |
| FDL First Trust Morn DVD Lead Inc. | New | 0.38% | +0.38 |
| META Meta Platforms Inc. Class A | Add +348.0% | 0.53% | +0.38 |
| GOOGL Alphabet Inc. Class A | New | 0.37% | +0.37 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.37% | +0.37 |
| IEMG iShares Core MSCI Emerging | New | 0.36% | +0.36 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +633.6% | 0.43% | +0.36 |
| AVGO Broadcom Inc. | Add +180.6% | 0.53% | +0.35 |
| MBB iShares MBS ETF | New | 0.35% | +0.35 |
| LVHI Franklin International Low V | New | 0.35% | +0.35 |
| BWZ State Street SPDR Bloomberg | New | 0.34% | +0.34 |
| JIRE JPMorgan Int Res Enh Eqty | New | 0.34% | +0.34 |
| SPHQ Invesco S&P 500 Quality ETF | New | 0.34% | +0.34 |
| EUFN iShares MSCI Europe Financia | New | 0.33% | +0.33 |
| FTSM First Trust Enh Short Mat FD | New | 0.32% | +0.32 |
| IEUR iShares Core MSCI Europe ETF | New | 0.32% | +0.32 |
| FCX Freeport-McMoran Inc. | New | 0.27% | +0.27 |
| LMBS First Trust Low Duration Opp | New | 0.27% | +0.27 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.27% | +0.27 |
| IREN Iren Ltd. | New | 0.26% | +0.26 |
| VOO Vanguard S&P 500 ETF | Add +64.4% | 1.94% | +0.26 |
| FSIG FT Ltd. Duration Inv Grade | New | 0.24% | +0.24 |
| TSLA Tesla Inc. | Add +188.2% | 0.43% | +0.24 |
| NOW ServiceNow Inc. | Add +275.8% | 0.35% | +0.23 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.22% | +0.22 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +79.6% | 1.77% | +0.22 |
| WMT Walmart Inc. | Add +256.1% | 0.36% | +0.22 |
| OKE Oneok Inc. | New | 0.21% | +0.21 |
| GVI iShares Intermediate Governm | New | 0.20% | +0.20 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.19% | +0.19 |
| TEM Tempus AI Inc. Class A | New | 0.19% | +0.19 |
| AMZN Amazon.com Inc. | Add +62.6% | 1.18% | +0.19 |
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 |