Bearing Point Capital, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 7, 2025), Bearing Point Capital, LLC reported 164 stock positions worth $542.8 million. Its top holding was Nvidia (NVDA) at 5.6% of the portfolio, followed by Apple (AAPL, 3.6%) and Microsoft (MSFT, 3.2%). Compared with Q1 2025, it opened 19 new positions, sold out of 14, added to 84 and reduced 41. The biggest buy was iShares 1-3 Year Treasury Bo (SHY, shares +128%) and the biggest sale an exit from Blue Owl Capital (OWL).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMINGTON, MN
- CIK
- 0002052916
- Portfolio Value
- $542.8M (Q2 2025)
- SEC Filing
- 0001765380-25-000309 ↗ filed Aug 7, 2025
Holdings Value
Holdings 164 stocks · $542.8M
| NVDA Nvidia Corp. | 5.58% | 191,888 | $30.3M | Add +0.5% |
| AAPL Apple Inc. | 3.57% | 94,580 | $19.4M | Reduce -1.7% |
| MSFT Microsoft Corp. | 3.24% | 35,347 | $17.6M | Add +3.7% |
| SHY iShares 1-3 Year Treasury Bo | 2.77% | 181,425 | $15.0M | Add +128.1% |
| V Visa Inc. Class A | 2.48% | 37,939 | $13.5M | Add +5.6% |
| JPM JPMorgan Chase & Co. | 2.46% | 46,019 | $13.3M | Add +1.2% |
| AVGO Broadcom Inc. | 2.44% | 48,108 | $13.3M | Add +2.7% |
| AMZN Amazon.com Inc. | 2.44% | 60,263 | $13.2M | Add +6.7% |
| PANW Palo Alto Networks Inc. | 2.39% | 63,284 | $13.0M | Add +5.0% |
| ADM Archer-Daniels-Midland Co. | 1.85% | 190,000 | $10.0M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.82% | 209,132 | $9.9M | Add +5.0% |
| HWM Howmet Aerospace Inc. | 1.71% | 49,809 | $9.3M | Reduce -10.6% |
| AXP American Express Co. | 1.64% | 27,946 | $8.9M | Add +0.8% |
| GDXJ Vaneck Junior Gold Miners | 1.55% | 124,237 | $8.4M | Reduce -17.2% |
| VEEV Veeva Systems Inc. Class A | 1.54% | 29,005 | $8.4M | Reduce -4.0% |
| CME Cme Group Inc. | 1.53% | 30,217 | $8.3M | Add +7.1% |
| ECL Ecolab Inc. | 1.50% | 30,249 | $8.2M | Add +11.9% |
| SYK Stryker Corp. | 1.48% | 20,353 | $8.1M | Add +7.9% |
| RODM Hartford Multifact Dev MRKT | 1.48% | 235,881 | $8.0M | Add +10.7% |
| MDY State Street SPDR S&P Midcap | 1.47% | 14,071 | $8.0M | Add +0.1% |
| NET Cloudflare Inc. Class A | 1.45% | 40,077 | $7.8M | Add +7.7% |
| CEG Constellation Energy | 1.44% | 24,147 | $7.8M | Add +2.4% |
| DHR Danaher Corp. | 1.36% | 37,415 | $7.4M | Add +5.4% |
| ACN Accenture PLC Class A | 1.30% | 23,557 | $7.0M | Add +5.3% |
| EMBJ Embraer SA-Spon ADR | 1.26% | 119,728 | $6.8M | Add +7.8% |
| ETN Eaton Corp. PLC | 1.25% | 19,024 | $6.8M | Add +106.2% |
| DELL Dell Technologies -C | 1.25% | 55,350 | $6.8M | Reduce -5.3% |
| CTVA Corteva Inc. | 1.25% | 90,911 | $6.8M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 1.23% | 37,814 | $6.7M | Reduce -0.6% |
| CVX Chevron Corp. | 1.22% | 46,325 | $6.6M | Add +2.3% |
| INDA iShares MSCI India ETF | 1.21% | 118,383 | $6.6M | Add +4.4% |
| SFM Sprouts Farmers Market Inc. | 1.21% | 40,026 | $6.6M | New |
| TT Trane Technologies PLC | 1.21% | 14,990 | $6.6M | Reduce -13.6% |
| SU Suncor Energy Inc. | 1.14% | 165,751 | $6.2M | Add +0.1% |
| DXJ Wisdomtree Japan Hedged Eq | 1.13% | 53,858 | $6.2M | Add +2.4% |
| CB Chubb Ltd. | 1.10% | 20,605 | $6.0M | Reduce -4.1% |
| VEA Vanguard Ftse Developed ETF | 1.08% | 103,013 | $5.9M | Add +1.4% |
| SPOT Spotify Technology SA | 1.07% | 7,537 | $5.8M | Add +17.9% |
| MELI MercadoLibre Inc. | 1.04% | 2,151 | $5.6M | Add +9.5% |
| AGX Argan Inc. | 1.00% | 24,698 | $5.4M | New |
| BHP BHP Group Ltd.-Spon ADR | 0.99% | 111,906 | $5.4M | Add +6.0% |
| UNH Unitedhealth Group Inc. | 0.98% | 17,094 | $5.3M | Reduce -11.2% |
| AEP American Electric Power | 0.98% | 51,263 | $5.3M | Add +4.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.95% | 18,521 | $5.2M | Add +7.4% |
| HON Honeywell International Inc. | 0.91% | 21,200 | $4.9M | Add +2.3% |
| IVV iShares Core S&P 500 ETF | 0.89% | 7,741 | $4.8M | Add +60.6% |
| GOOG Alphabet Inc. Class C | 0.86% | 26,362 | $4.7M | Add +5.1% |
| MA Mastercard Inc. Class A | 0.85% | 8,167 | $4.6M | Add +3.0% |
| VGSH Vanguard Short-Term Treasury | 0.84% | 77,223 | $4.5M | Add +14.7% |
| NOC Northrop Grumman Corp. | 0.81% | 8,812 | $4.4M | Add +3.3% |
| IBB iShares Biotechnology ETF | 0.77% | 33,117 | $4.2M | Add +1224.7% |
| KKR KKR & Co. Inc. | 0.74% | 30,036 | $4.0M | Reduce -10.3% |
| APTV Aptiv PLC | 0.72% | 57,671 | $3.9M | Reduce -14.4% |
| RSG Republic Services Inc. | 0.72% | 15,851 | $3.9M | Add +3.0% |
| RSP Invesco S&P 500 Equal Weight | 0.67% | 19,962 | $3.6M | New |
| TM Toyota Motor Corp. -Spon ADR | 0.63% | 19,802 | $3.4M | Add +5.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.63% | 5,517 | $3.4M | Add +7.0% |
| NEM Newmont Corp. | 0.59% | 54,692 | $3.2M | Reduce -17.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.54% | 34,800 | $2.9M | Add +0.6% |
| ABBV Abbvie Inc. | 0.53% | 15,462 | $2.9M | Add +2.3% |
| USB US Bancorp | 0.52% | 62,437 | $2.8M | Add +15.0% |
| HD Home Depot Inc. | 0.50% | 7,468 | $2.7M | Reduce -4.8% |
| CP Canadian Pacific Kansas City | 0.49% | 33,810 | $2.7M | Add +7.5% |
| LLY Eli Lilly & Co. | 0.42% | 2,927 | $2.3M | Add +7.5% |
| IWF iShares Russell 1000 Growth | 0.41% | 5,217 | $2.2M | Reduce -4.9% |
| COST Costco Wholesale Corp. | 0.39% | 2,134 | $2.1M | Add +2.5% |
| ENB Enbridge Inc. | 0.36% | 43,655 | $2.0M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 3,797 | $1.8M | Add +3.5% |
| IBIT iShares Bitcoin Trust ETF | 0.33% | 29,535 | $1.8M | Add +34.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.33% | 73,446 | $1.8M | No change |
| IJR iShares Core S&P Small-Cap E | 0.32% | 16,083 | $1.8M | Add +64.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.28% | 5,392 | $1.5M | Reduce -1.4% |
| LMT Lockheed Martin Corp. | 0.27% | 3,184 | $1.5M | Add +2.4% |
| INDY iShares India 50 ETF | 0.26% | 25,970 | $1.4M | Add +0.1% |
| COP Conocophillips | 0.26% | 15,595 | $1.4M | Add +7.4% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 21,805 | $1.4M | No change |
| XBI SS SPDR S&P Biotech ETF | 0.24% | 15,881 | $1.3M | Reduce -73.2% |
| KO The Coca-Cola Co. | 0.24% | 18,157 | $1.3M | Add +3.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.24% | 5,414 | $1.3M | Add +63.5% |
| XOM Exxon Mobil Corp. | 0.24% | 11,854 | $1.3M | Add +18.1% |
| NEE Nextera Energy Inc. | 0.23% | 18,135 | $1.3M | Reduce -18.6% |
| CRVL Corvel Corp. | 0.23% | 12,000 | $1.2M | No change |
| GLW Corning Inc. | 0.23% | 23,334 | $1.2M | Reduce -0.6% |
| TIP iShares Tips Bond ETF | 0.22% | 10,707 | $1.2M | Add +2.9% |
| PFE Pfizer Inc. | 0.21% | 46,649 | $1.1M | Reduce -10.5% |
| XLK SS Technology Select Sector | 0.21% | 4,459 | $1.1M | Reduce -8.6% |
| MCD McDonald's Corp. | 0.20% | 3,765 | $1.1M | Add +8.5% |
| IVE iShares S&P 500 Value ETF | 0.19% | 5,197 | $1.0M | New |
| IUSG iShares Core S&P U.S. Growth | 0.19% | 6,700 | $1.0M | No change |
| IHF iShares U.S. Healthcare Prov | 0.18% | 20,429 | $994K | New |
| LNC Lincoln National Corp. | 0.17% | 26,600 | $920K | Add +2.7% |
| IWP iShares Russell Mid-Cap Grow | 0.17% | 6,613 | $917K | Reduce -2.5% |
| TSLA Tesla Inc. | 0.16% | 2,810 | $893K | Add +17.8% |
| OKE Oneok Inc. | 0.16% | 10,695 | $873K | Add +24.0% |
| AZN Astrazeneca PLC-Spons ADR | 0.15% | 11,997 | $838K | Reduce -7.9% |
| D Dominion Energy Inc. | 0.14% | 13,700 | $774K | Add +3.0% |
| MS Morgan Stanley | 0.14% | 5,407 | $762K | Reduce -3.5% |
| XEXGX Eaton Vance Tax-Managed Glob | 0.14% | 86,000 | $753K | No change |
| DUK Duke Energy Corp. | 0.14% | 6,376 | $752K | Reduce -15.0% |
| MDT Medtronic PLC | 0.14% | 8,550 | $745K | Add +6.9% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $546K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 465 | $546K | No change |
Total filed on the 13F, all lines: $543.4M.
Portfolio Sells Q1 2025 → Q2 2025
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −1.54 |
| UNH Unitedhealth Group Inc. | Reduce -11.2% | 0.98% | −1.16 |
| AAPL Apple Inc. | Reduce -1.7% | 3.57% | −0.98 |
| XBI SS SPDR S&P Biotech ETF | Reduce -73.2% | 0.24% | −0.78 |
| FTV Fortive Corp. | Sold out | 0.00% | −0.70 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.50 |
| NVT Nvent Electric PLC | Sold out | 0.00% | −0.48 |
| VIS Vanguard Industrials ETF | Sold out | 0.00% | −0.47 |
| JNJ Johnson & Johnson | Reduce -71.1% | 0.09% | −0.30 |
| CB Chubb Ltd. | Reduce -4.1% | 1.10% | −0.28 |
| GDXJ Vaneck Junior Gold Miners | Reduce -17.2% | 1.55% | −0.28 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.23 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.14 |
| APTV Aptiv PLC | Reduce -14.4% | 0.72% | −0.13 |
| HD Home Depot Inc. | Reduce -4.8% | 0.50% | −0.11 |
| NEE Nextera Energy Inc. | Reduce -18.6% | 0.23% | −0.10 |
| AIRR First Trust Rba American Ind | Reduce -49.0% | 0.11% | −0.10 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.10 |
| TRU Transunion | Reduce -64.4% | 0.05% | −0.10 |
| NEM Newmont Corp. | Reduce -17.4% | 0.59% | −0.09 |
| KKR KKR & Co. Inc. | Reduce -10.3% | 0.74% | −0.09 |
| PFE Pfizer Inc. | Reduce -10.5% | 0.21% | −0.07 |
| UEC Uranium Energy Corp. | Sold out | 0.00% | −0.07 |
| EMN Eastman Chemical Co. | Reduce -9.9% | 0.13% | −0.07 |
| GILD Gilead Sciences Inc. | Reduce -48.2% | 0.05% | −0.06 |
| DUK Duke Energy Corp. | Reduce -15.0% | 0.14% | −0.06 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.05 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.05 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -7.9% | 0.15% | −0.05 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.05 |
| ENB Enbridge Inc. | Reduce -0.2% | 0.36% | −0.05 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.04 |
| SWK Stanley Black & Decker Inc. | Reduce -10.3% | 0.10% | −0.04 |
| EQIX Equinix Inc. | Reduce -15.6% | 0.09% | −0.04 |
| TT Trane Technologies PLC | Reduce -13.6% | 1.21% | −0.04 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −0.03 |
| TGT Target Corp. | Reduce -0.2% | 0.12% | −0.03 |
| T AT&T Inc. | Reduce -9.4% | 0.11% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -0.6% | 1.23% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -10.8% | 0.10% | −0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -1.4% | 0.28% | −0.02 |
| IWN iShares Russell 2000 Value E | Reduce -16.0% | 0.05% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -4.9% | 0.41% | −0.01 |
| EXC Exelon Corp. | Reduce -1.0% | 0.05% | −0.01 |
| XLF SS Financial Select Sector | Reduce -13.5% | 0.04% | −0.01 |
| NSC Norfolk Southern Corp. | Reduce -5.2% | 0.08% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -11.3% | 0.05% | −0.01 |
| XLK SS Technology Select Sector | Reduce -8.6% | 0.21% | −0.01 |
| GLW Corning Inc. | Reduce -0.6% | 0.23% | −0.00 |
| IWP iShares Russell Mid-Cap Grow | Reduce -2.5% | 0.17% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| SHY iShares 1-3 Year Treasury Bo | Add +128.1% | 2.77% | +1.37 |
| SFM Sprouts Farmers Market Inc. | New | 1.21% | +1.21 |
| NVDA Nvidia Corp. | Add +0.5% | 5.58% | +1.18 |
| AGX Argan Inc. | New | 1.00% | +1.00 |
| AVGO Broadcom Inc. | Add +2.7% | 2.44% | +0.77 |
| ETN Eaton Corp. PLC | Add +106.2% | 1.25% | +0.72 |
| IBB iShares Biotechnology ETF | Add +1224.7% | 0.77% | +0.70 |
| RSP Invesco S&P 500 Equal Weight | New | 0.67% | +0.67 |
| NET Cloudflare Inc. Class A | Add +7.7% | 1.45% | +0.55 |
| MSFT Microsoft Corp. | Add +3.7% | 3.24% | +0.51 |
| CEG Constellation Energy | Add +2.4% | 1.44% | +0.42 |
| SPOT Spotify Technology SA | Add +17.9% | 1.07% | +0.32 |
| IVV iShares Core S&P 500 ETF | Add +60.6% | 0.89% | +0.31 |
| MELI MercadoLibre Inc. | Add +9.5% | 1.04% | +0.22 |
| PANW Palo Alto Networks Inc. | Add +5.0% | 2.39% | +0.19 |
| IVE iShares S&P 500 Value ETF | New | 0.19% | +0.19 |
| IHF iShares U.S. Healthcare Prov | New | 0.18% | +0.18 |
| EMBJ Embraer SA-Spon ADR | Add +7.8% | 1.26% | +0.16 |
| AMZN Amazon.com Inc. | Add +6.7% | 2.44% | +0.15 |
| IVW iShares S&P 500 Growth ETF | New | 0.12% | +0.12 |
| IBIT iShares Bitcoin Trust ETF | Add +34.1% | 0.33% | +0.11 |
| IJR iShares Core S&P Small-Cap E | Add +64.2% | 0.32% | +0.11 |
| TDIV FT Nasdaq Tech DVD Index FD | New | 0.09% | +0.09 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.09% | +0.09 |
| EFX Equifax Inc. | New | 0.08% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 2.46% | +0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +63.5% | 0.24% | +0.08 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.08% | +0.08 |
| RODM Hartford Multifact Dev MRKT | Add +10.7% | 1.48% | +0.07 |
| META Meta Platforms Inc. Class A | New | 0.07% | +0.07 |
| AXP American Express Co. | Add +0.8% | 1.64% | +0.05 |
| BAC Bank of America Corp. | Add +5.0% | 1.82% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | New | 0.05% | +0.05 |
| AVR Anteris Technologies Global | New | 0.05% | +0.05 |
| DGII Digi International Inc. | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | New | 0.04% | +0.04 |
| ORCL Oracle Corp. | New | 0.04% | +0.04 |
| ECL Ecolab Inc. | Add +11.9% | 1.50% | +0.04 |
| XAR SS SPDR S&P Aerospace Def | New | 0.04% | +0.04 |
| CRM Salesforce Inc. | New | 0.04% | +0.04 |
| KMI Kinder Morgan Inc. | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | Add +17.8% | 0.16% | +0.03 |
| USB US Bancorp | Add +15.0% | 0.52% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +5.1% | 0.86% | +0.03 |
| CP Canadian Pacific Kansas City | Add +7.5% | 0.49% | +0.02 |
| CCI Crown Castle Inc. | Add +38.5% | 0.14% | +0.02 |
| WMT Walmart Inc. | Add +36.5% | 0.07% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +22.0% | 0.08% | +0.02 |
| TEAM Atlassian Corp. Class A | Add +44.1% | 0.09% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +7.0% | 0.63% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 202 | $739.8M | NVDA, PANW, AAPL, DELL, RODM |
| Q1 2026 | 165 | $637.8M | NVDA, AAPL, RODM, GDXJ, MSFT |
| Q4 2025 | 182 | $639.1M | NVDA, AAPL, MSFT, AMZN, JPM |
| Q3 2025 | 163 | $580.4M | NVDA, AAPL, MSFT, AVGO, SHY |
| Q2 2025 | 164 | $542.8M | NVDA, AAPL, MSFT, SHY, V |
| Q1 2025 | 159 | $469.5M | AAPL, NVDA, MSFT, V, JPM |
| Q4 2024 | 161 | $479.1M | NVDA, AAPL, MSFT, AMZN, AVGO |