Blue Water Asset Management

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Blue Water Asset Management reported 104 stock positions worth $278.1 million. Its top holding was Pgim Ultra Short Bond ETF (PULS) at 14.7% of the portfolio, followed by JPMorgan Core Plus Bond ETF (JCPB, 7.3%) and Victoryshares Core Intermedi (UITB, 7.0%).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0002033384
Portfolio Value
$278.1M (Q4 2025)
SEC Filing
0002033384-26-000001 ↗ filed Feb 5, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q4 2025: $278.1M $278.1M Q4 2025 Q1 2026: $289.4M Q1 2026 Q2 2026: $309.8M Q2 2026

Holdings 104 stocks · $278.1M

PULS Pgim Ultra Short Bond ETF 14.72% 825,480 $40.9M —
JCPB JPMorgan Core Plus Bond ETF 7.27% 426,891 $20.2M —
UITB Victoryshares Core Intermedi 7.05% 413,808 $19.6M —
SPYM Ste STR SPDR PT S&P 500 ETF 6.86% 237,824 $19.1M —
XMHQ Invesco S&P Midcap Qual ETF 6.83% 185,326 $19.0M —
USVM Victoryshares US Small Mid C 6.36% 193,786 $17.7M —
RWL Invesco S&P 500 Revenue ETF 5.88% 142,675 $16.3M —
JEPI JPMorgan Equity Premium Inco 4.06% 197,446 $11.3M —
HMOP Hartford Municipal Opp ETF 3.12% 221,588 $8.7M —
GSIE Goldman Sachs Activebeta Int 2.68% 173,445 $7.4M —
JPST JPMorgan Ultra-Short Income 2.58% 141,986 $7.2M —
VRP Invesco Variable Rate Prefer 2.44% 279,089 $6.8M —
PJAN Innovator U.S. Equity Power 2.20% 129,975 $6.1M —
BRK.A Berkshire Hathaway Inc. Class A 2.17% 8 $6.0M —
UTES Virtus Reaves Utilities ETF 2.02% 71,203 $5.6M —
PBJA Pgim S&P 500 Buffer 20-Jan 1.83% 165,085 $5.1M —
JXN Jackson Financial Inc. Class A 1.44% 37,424 $4.0M —
PBNV Pgim S&P 500 Buffer 20-Nov 1.36% 128,780 $3.8M —
PJUL Innovator U.S. Equity Power 0.81% 48,510 $2.3M —
MSFT Microsoft Corp. 0.80% 4,622 $2.2M —
PBDE Pgim S&P 500 Buffer 20-Dec 0.75% 70,339 $2.1M —
JANW Alianzim US Eq BFR20 Jan-Usd 0.58% 43,605 $1.6M —
AAPL Apple Inc. 0.56% 5,694 $1.5M —
VYM Vanguard High DVD Yield ETF 0.54% 10,397 $1.5M —
CMS CMS Energy Corp. 0.50% 20,039 $1.4M —
ETN Eaton Corp. PLC 0.46% 3,996 $1.3M —
F Ford Motor Co. filed as FORD MTR CO 0.44% 94,077 $1.2M —
POCT Innovator U.S. Equity Power 0.41% 25,778 $1.1M —
EVSD Eaton Vance SHRT Dur Inc. 0.41% 21,922 $1.1M —
PJUN Innovator U.S. Equity Power 0.40% 26,441 $1.1M —
SPSB SS SPDR P St C Corp. ETF 0.39% 35,554 $1.1M —
OCTP Pgim S&P 500 Buffer 12-Oct 0.37% 33,980 $1.0M —
CPSA Calamos SP500 Strct Alt-Aug 0.37% 38,021 $1.0M —
SYK Stryker Corp. 0.34% 2,716 $955K —
DTE DTE Energy Company 0.34% 7,251 $935K —
PSEP Innovator U.S. Equity Power 0.32% 20,076 $878K —
QQQM Invesco Nasdaq 100 ETF 0.32% 3,469 $877K —
JNJ Johnson & Johnson 0.32% 4,234 $876K —
PBAP Pgim S&P 500 Buffer 20-Apr 0.30% 28,967 $839K —
PAPR Innovator U.S. Equity Power 0.30% 21,450 $839K —
CPSO Calamos S&P 500 Alt Prot Oct 0.30% 30,966 $838K —
FDVV Fidelity High Dividend ETF 0.29% 14,204 $805K —
CPSJ Calamos S&P 500 Sap ETF July 0.28% 29,178 $784K —
PBJN Pgim S&P 500 Buffer 20-Jun 0.27% 25,355 $758K —
PNOV Innovator U.S. Equity Power 0.26% 17,373 $726K —
CPSD CLMS S&P STR Alt Dec 0.23% 25,089 $653K —
MS Morgan Stanley 0.23% 3,623 $643K —
CB Chubb Ltd. 0.22% 1,972 $616K —
CVX Chevron Corp. 0.22% 3,997 $609K —
LRCX Lam Research Corp. 0.21% 3,459 $592K —
XBJA Innovator US Eq Ac 9 Buff-J 0.21% 18,246 $583K —
PBMR Pgim S&P 500 Buffer 20-Mar 0.20% 17,804 $543K —
PMAR Innovator U.S. Equity Power 0.18% 10,970 $493K —
PDEC Innovator U.S. Equity Power 0.18% 11,262 $489K —
PAUG Innovator U.S. Equity Power 0.17% 11,099 $480K —
JMUB JPMorgan Municipal ETF 0.17% 9,219 $466K —
DECW Alianzim US Eq BFR20 Dec-Usd 0.17% 13,664 $464K —
CPSM Calamos SP500 STR Alt Promay 0.16% 15,962 $457K —
SLV iShares Silver Trust 0.16% 7,002 $451K —
CPST Calamos S&P 500 Alt Sept 0.16% 16,552 $447K —
KBE SS SPDR S&P Bank ETF 0.15% 7,007 $425K —
FITB Fifth Third Bancorp 0.15% 8,906 $417K —
DTM DT Midstream Inc. 0.15% 3,406 $408K —
GSLC Goldman Activebeta US LC ETF 0.14% 2,969 $393K —
VCIT Vanguard Int-Term Corporate 0.14% 4,564 $382K —
AON Aon PLC Class A 0.14% 1,071 $378K —
JPM JPMorgan Chase & Co. 0.14% 1,169 $377K —
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.13% 1,274 $370K —
VCLT Vanguard Long-Term Corp. Bond 0.13% 4,872 $370K —
XBAP Innovator US Eqy Accel 9 Buf 0.13% 9,247 $358K —
BA The Boeing Co. 0.13% 1,645 $357K —
PBFB Pgim S&P 500 Buffer 20-Feb 0.13% 11,459 $349K —
PATH Uipath Inc. Class A 0.13% 21,241 $348K —
PFEB Innovator U.S. Equity Power 0.12% 8,503 $346K —
PBJL Pgim S&P 500 Buffer 20-Jul 0.12% 11,182 $335K —
CPSR Cal S&P 500 St Alt P ETF - M 0.12% 13,285 $335K —
GSSC Goldman Sachs Activebeta US 0.12% 4,378 $331K —
PINK Simplify Health Care ETF 0.11% 8,713 $319K —
KO The Coca-Cola Co. 0.11% 4,528 $317K —
GLDM SPDR Gold Minishares Trust 0.11% 3,696 $316K —
VTI VG Morningstar TS MKT ETF-US 0.11% 940 $315K —
PBAU Pgim S&P 500 Buffer 20-Aug 0.11% 10,483 $314K —
XEL Xcel Energy Inc. 0.11% 4,221 $312K —
IXUS iShares Core Intl Stock ETF 0.11% 3,674 $311K —
CLOX Eldridge Aaa Clo ETF 0.11% 11,967 $305K —
SFLO VS SM Cap Free Cash Flow ETF filed as VICTORY PORTFOLIOS II 0.11% 10,177 $300K —
OUSA Alps Oshares US Quality Divi 0.11% 5,183 $299K —
XLF SS Financial Select Sector 0.11% 5,441 $298K —
APRW Allinzim US Eq BFR20 Apr-Usd 0.11% 8,468 $295K —
TAP Molson Coors Beverage Co. Class B 0.10% 6,142 $287K —
PBMY Pgim S&P 500 Buffer 20-May 0.10% 9,399 $282K —
MBWM Mercantile Bank Corp. 0.10% 5,591 $269K —
SPY SS SPDR S&P 500 ETF Trust-US 0.10% 394 $269K —
GSEW Goldman Sachs Eql WGHT Large 0.10% 3,112 $265K —
IHI iShares U.S. Medical Devices 0.09% 4,030 $250K —
EVLN Eaton Vance Floating-Rate 0.09% 5,053 $250K —
JDOC JPMorgan Healthcare Lead ETF 0.09% 4,096 $237K —
NVDA Nvidia Corp. 0.08% 1,234 $230K —
WTFC Wintrust Financial Corp. 0.08% 1,623 $227K —
VZ Verizon Communications Inc. 0.08% 5,462 $222K —

Show all 104 holdings

Portfolio Sells Q4 2025

No earlier filing to compare with.

Portfolio Buys Q4 2025

No earlier filing to compare with.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$309.8MPULS, XMHQ, JCPB, SPYM, USVM
Q1 2026 103$289.4MPULS, JCPB, UITB, XMHQ, SPYM
Q4 2025 104$278.1MPULS, JCPB, UITB, SPYM, XMHQ