Blue Water Asset Management

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 3, 2026), Blue Water Asset Management reported 108 stock positions worth $309.8 million. Its top holding was Pgim Ultra Short Bond ETF (PULS) at 10.6% of the portfolio, followed by Invesco S&P Midcap Qual ETF (XMHQ, 7.2%) and JPMorgan Core Plus Bond ETF (JCPB, 7.1%). Compared with Q1 2026, it opened 7 new positions, sold out of 2, added to 58 and reduced 29. The biggest buy was Victoryshares US Small Mid C (USVM, shares +1%) and the biggest sale Pgim Ultra Short Bond ETF (PULS, shares −3%).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0002033384
Portfolio Value
$309.8M (Q2 2026)
SEC Filing
0001765380-26-000259 ↗ filed Aug 3, 2026

Holdings Value

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

Holdings 108 stocks · $309.8M
PULS Pgim Ultra Short Bond ETF 10.60% 662,688 $32.8M Reduce -3.2%
XMHQ Invesco S&P Midcap Qual ETF 7.23% 198,483 $22.4M Add +1.9%
JCPB JPMorgan Core Plus Bond ETF 7.05% 465,341 $21.8M Add +2.7%
SPYM Ste STR SPDR PT S&P 500 ETF 6.98% 246,155 $21.6M Add +1.8%
USVM Victoryshares US Small Mid C 6.86% 193,408 $21.2M Add +1.2%
UITB Victoryshares Core Intermedi 6.81% 450,385 $21.1M Add +2.6%
RWL Invesco S&P 500 Revenue ETF 5.88% 142,509 $18.2M Add +1.2%
EVSD Eaton Vance SHRT Dur Inc. 5.72% 348,359 $17.7M Add +5.8%
HMOP Hartford Municipal Opp ETF 2.61% 206,678 $8.1M Reduce -7.6%
GSIE Goldman Sachs Activebeta Int 2.43% 165,031 $7.5M Add +1.3%
VRP Invesco Variable Rate Prefer 2.35% 298,914 $7.3M Add +2.4%
UTES Virtus Reaves Utilities ETF 2.07% 78,357 $6.4M Add +4.4%
PJAN Innovator U.S. Equity Power 2.01% 126,053 $6.2M Reduce -0.1%
JEPI JPMorgan Equity Premium Inco 1.96% 107,520 $6.1M Reduce -8.2%
BRK.A Berkshire Hathaway Inc. Class A 1.93% 8 $6.0M No change
PAPI Parametric Equity Prem Inco 1.84% 213,607 $5.7M Add +10.0%
JPST JPMorgan Ultra-Short Income 1.83% 111,837 $5.7M Reduce -8.6%
PBJA Pgim S&P 500 Buffer 20-Jan 1.67% 159,830 $5.2M No change
JXN Jackson Financial Inc. Class A 1.23% 37,169 $3.8M Reduce -0.0%
PBNV Pgim S&P 500 Buffer 20-Nov 1.14% 114,178 $3.5M Reduce -11.3%
PFEB Innovator U.S. Equity Power 0.82% 58,772 $2.5M Reduce -5.5%
PAPR Innovator U.S. Equity Power 0.73% 53,683 $2.3M Reduce -0.2%
PBDE Pgim S&P 500 Buffer 20-Dec 0.69% 69,013 $2.1M Reduce -1.9%
ETN Eaton Corp. PLC 0.56% 4,095 $1.7M Add +0.1%
JANW Alianzim US Eq BFR20 Jan-Usd 0.56% 44,490 $1.7M No change
PMAR Innovator U.S. Equity Power 0.54% 35,319 $1.7M Add +0.8%
AAPL Apple Inc. 0.54% 5,827 $1.7M Add +2.2%
MSFT Microsoft Corp. 0.53% 4,378 $1.6M Add +1.2%
CMS CMS Energy Corp. 0.51% 20,777 $1.6M Add +3.5%
PBAP Pgim S&P 500 Buffer 20-Apr 0.49% 48,873 $1.5M Add +23.4%
LRCX Lam Research Corp. 0.49% 3,471 $1.5M Add +0.3%
QQQM Invesco Nasdaq 100 ETF 0.44% 4,509 $1.4M Add +29.2%
F Ford Motor Co. filed as FORD MTR CO 0.41% 91,522 $1.3M Add +0.9%
VYM Vanguard High DVD Yield ETF 0.40% 7,808 $1.2M Reduce -2.2%
PBJL Pgim S&P 500 Buffer 20-Jul 0.40% 39,232 $1.2M Add +331.2%
SPSB SS SPDR P St C Corp. ETF 0.39% 40,337 $1.2M Add +15.7%
PJUN Innovator U.S. Equity Power 0.38% 27,097 $1.2M Add +2.5%
DTE DTE Energy Company 0.36% 7,420 $1.1M Add +1.3%
JNJ Johnson & Johnson 0.35% 4,243 $1.1M Add +0.0%
CPSA Calamos SP500 Strct Alt-Aug 0.34% 37,962 $1.1M Reduce -0.2%
PBJN Pgim S&P 500 Buffer 20-Jun 0.33% 33,441 $1.0M Add +31.9%
FDVV Fidelity High Dividend ETF 0.28% 14,230 $858K Reduce -1.0%
SYK Stryker Corp. 0.27% 2,649 $834K Reduce -1.7%
PBFB Pgim S&P 500 Buffer 20-Feb 0.27% 25,963 $829K Reduce -3.7%
CPSJ Calamos S&P 500 Sap ETF July 0.26% 29,178 $807K No change
OCTP Pgim S&P 500 Buffer 12-Oct 0.25% 24,433 $790K Reduce -1.8%
MS Morgan Stanley 0.25% 3,669 $767K Add +0.7%
PBMY Pgim S&P 500 Buffer 20-May 0.24% 24,045 $750K Add +217.7%
PINK Simplify Health Care ETF 0.24% 18,864 $739K Add +116.1%
CB Chubb Ltd. 0.22% 1,980 $675K Add +0.1%
CPSD CLMS S&P STR Alt Dec 0.22% 24,974 $667K No change
XBJA Innovator US Eq Ac 9 Buff-J 0.20% 18,246 $617K No change
CPSO Calamos S&P 500 Alt Prot Oct 0.18% 20,481 $570K Reduce -33.5%
FITB Fifth Third Bancorp 0.18% 9,858 $556K Add +0.9%
CVX Chevron Corp. 0.17% 3,151 $522K Reduce -14.2%
JPM JPMorgan Chase & Co. 0.17% 1,589 $520K Add +1.5%
JMUB JPMorgan Municipal ETF 0.17% 10,176 $515K Add +9.4%
PJUL Innovator U.S. Equity Power 0.16% 10,398 $508K Add +46.0%
PDEC Innovator U.S. Equity Power 0.16% 10,950 $502K No change
SLV iShares Silver Trust 0.16% 9,256 $495K Reduce -4.1%
DTM DT Midstream Inc. 0.16% 3,359 $493K Add +0.2%
PBMR Pgim S&P 500 Buffer 20-Mar 0.16% 15,296 $491K Reduce -3.4%
DECW Alianzim US Eq BFR20 Dec-Usd 0.16% 13,664 $487K No change
KBE SS SPDR S&P Bank ETF 0.15% 7,023 $479K Add +0.1%
EVLN Eaton Vance Floating-Rate 0.15% 9,860 $478K Add +1.7%
PSEP Innovator U.S. Equity Power 0.15% 10,223 $471K No change
CPSM Calamos SP500 STR Alt Promay 0.15% 15,962 $467K No change
CPST Calamos S&P 500 Alt Sept 0.15% 16,190 $450K Reduce -2.2%
CLOX Eldridge Aaa Clo ETF 0.14% 17,351 $444K Add +43.3%
VCIT Vanguard Int-Term Corporate 0.14% 5,215 $431K Add +13.4%
CPSR Cal S&P 500 St Alt P ETF - M 0.14% 16,665 $431K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.14% 5,193 $418K Add +1.7%
GSSC Goldman Sachs Activebeta US 0.13% 4,349 $397K Reduce -0.9%
SMH Vaneck Semiconductor ETF 0.13% 596 $391K Reduce -5.3%
POCT Innovator U.S. Equity Power 0.13% 8,356 $388K Reduce -24.5%
AMAT Applied Materials Inc. 0.12% 535 $387K New
VCLT Vanguard Long-Term Corp. Bond 0.12% 4,983 $375K Add +1.4%
BA The Boeing Co. 0.12% 1,668 $361K Add +1.2%
NVDA Nvidia Corp. 0.12% 1,800 $360K Add +40.0%
AON Aon PLC Class A 0.12% 1,076 $357K Add +0.3%
VTI VG Morningstar TS MKT ETF-US 0.12% 965 $357K Reduce -2.0%
IXUS iShares Core Intl Stock ETF 0.11% 3,723 $355K Add +1.3%
XBAP Innovator US Eqy Accel 9 Buf 0.11% 8,343 $350K Reduce -9.8%
SFLO VS SM Cap Free Cash Flow ETF filed as VICTORY PORTFOLIOS II 0.11% 10,217 $349K Add +0.3%
XEL Xcel Energy Inc. 0.11% 4,346 $349K No change
GSLC Goldman Activebeta US LC ETF 0.11% 2,434 $345K Reduce -18.0%
AMZN Amazon.com Inc. 0.11% 1,423 $339K Add +8.1%
MBWM Mercantile Bank Corp. 0.11% 5,865 $337K Add +0.7%
AMD Advanced Micro Devices 0.11% 567 $329K New
PBAU Pgim S&P 500 Buffer 20-Aug 0.11% 10,483 $329K No change
KO The Coca-Cola Co. 0.11% 4,009 $326K Add +0.7%
TEKX SS GLXY Tranfrm Tech Acc ETF 0.10% 4,538 $319K New
CAT Caterpillar Inc. 0.10% 294 $313K New
XEXGX Eaton Vance Tax-Managed Glob 0.10% 31,578 $310K Add +2.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.10% 411 $307K Add +0.2%
GSEW Goldman Sachs Eql WGHT Large 0.10% 3,210 $303K Add +3.3%
OUSA Alps Oshares US Quality Divi 0.10% 5,183 $302K No change
APRW Allinzim US Eq BFR20 Apr-Usd 0.10% 8,056 $299K Reduce -4.9%
TAP Molson Coors Beverage Co. Class B 0.10% 7,596 $296K Add +4.7%
XLF SS Financial Select Sector 0.10% 5,488 $294K Add +0.3%
GLDM SPDR Gold Minishares Trust 0.09% 3,694 $293K Reduce -1.1%
JTEK JPMorgan US Tech Leaders 0.09% 2,473 $276K New
VZ Verizon Communications Inc. 0.08% 6,212 $263K Add +7.4%
WTFC Wintrust Financial Corp. 0.08% 1,636 $263K Add +0.3%
CWT California Water Service Grp 0.08% 4,908 $239K Add +0.8%
ICVT iShares Convertible Bond ETF 0.07% 1,880 $229K New
MDLZ Mondelez International Inc. Class A 0.07% 3,643 $211K Add +0.8%
BDEC Innovator U.S. Equity Buffer 0.07% 3,792 $202K New

Portfolio Sells Q1 2026 → Q2 2026
PULS Pgim Ultra Short Bond ETF Reduce -3.2% 10.60% −1.11
HMOP Hartford Municipal Opp ETF Reduce -7.6% 2.61% −0.38
JEPI JPMorgan Equity Premium Inco Reduce -8.2% 1.96% −0.33
JPST JPMorgan Ultra-Short Income Reduce -8.6% 1.83% −0.31
PBNV Pgim S&P 500 Buffer 20-Nov Reduce -11.3% 1.14% −0.14
JXN Jackson Financial Inc. Class A Reduce -0.0% 1.23% −0.13
CPSO Calamos S&P 500 Alt Prot Oct Reduce -33.5% 0.18% −0.10
CVX Chevron Corp. Reduce -14.2% 0.17% −0.09
JDOC JPMorgan Healthcare Lead ETF Sold out 0.00% −0.08
IHI iShares U.S. Medical Devices Sold out 0.00% −0.07
SLV iShares Silver Trust Reduce -4.1% 0.16% −0.07
PFEB Innovator U.S. Equity Power Reduce -5.5% 0.82% −0.04
POCT Innovator U.S. Equity Power Reduce -24.5% 0.13% −0.04
SYK Stryker Corp. Reduce -1.7% 0.27% −0.04
GLDM SPDR Gold Minishares Trust Reduce -1.1% 0.09% −0.03
GSLC Goldman Activebeta US LC ETF Reduce -18.0% 0.11% −0.02
PBDE Pgim S&P 500 Buffer 20-Dec Reduce -1.9% 0.69% −0.02
CPSA Calamos SP500 Strct Alt-Aug Reduce -0.2% 0.34% −0.01
PBFB Pgim S&P 500 Buffer 20-Feb Reduce -3.7% 0.27% −0.01
XBAP Innovator US Eqy Accel 9 Buf Reduce -9.8% 0.11% −0.01
VYM Vanguard High DVD Yield ETF Reduce -2.2% 0.40% −0.01
CPST Calamos S&P 500 Alt Sept Reduce -2.2% 0.15% −0.01
PAPR Innovator U.S. Equity Power Reduce -0.2% 0.73% −0.01
PBMR Pgim S&P 500 Buffer 20-Mar Reduce -3.4% 0.16% −0.01
APRW Allinzim US Eq BFR20 Apr-Usd Reduce -4.9% 0.10% −0.01
OCTP Pgim S&P 500 Buffer 12-Oct Reduce -1.8% 0.25% +0.00
FDVV Fidelity High Dividend ETF Reduce -1.0% 0.28% +0.00
PJAN Innovator U.S. Equity Power Reduce -0.1% 2.01% +0.00
VTI VG Morningstar TS MKT ETF-US Reduce -2.0% 0.12% +0.01
GSSC Goldman Sachs Activebeta US Reduce -0.9% 0.13% +0.02
SMH Vaneck Semiconductor ETF Reduce -5.3% 0.13% +0.04

Portfolio Buys Q1 2026 → Q2 2026
USVM Victoryshares US Small Mid C Add +1.2% 6.86% +0.60
SPYM Ste STR SPDR PT S&P 500 ETF Add +1.8% 6.98% +0.58
PBJL Pgim S&P 500 Buffer 20-Jul Add +331.2% 0.40% +0.30
RWL Invesco S&P 500 Revenue ETF Add +1.2% 5.88% +0.29
XMHQ Invesco S&P Midcap Qual ETF Add +1.9% 7.23% +0.27
LRCX Lam Research Corp. Add +0.3% 0.49% +0.23
PBMY Pgim S&P 500 Buffer 20-May Add +217.7% 0.24% +0.16
QQQM Invesco Nasdaq 100 ETF Add +29.2% 0.44% +0.15
PINK Simplify Health Care ETF Add +116.1% 0.24% +0.14
AMAT Applied Materials Inc. New 0.12% +0.12
AMD Advanced Micro Devices New 0.11% +0.11
TEKX SS GLXY Tranfrm Tech Acc ETF New 0.10% +0.10
CAT Caterpillar Inc. New 0.10% +0.10
JTEK JPMorgan US Tech Leaders New 0.09% +0.09
PBAP Pgim S&P 500 Buffer 20-Apr Add +23.4% 0.49% +0.09
ICVT iShares Convertible Bond ETF New 0.07% +0.07
PBJN Pgim S&P 500 Buffer 20-Jun Add +31.9% 0.33% +0.07
BDEC Innovator U.S. Equity Buffer New 0.07% +0.07
ETN Eaton Corp. PLC Add +0.1% 0.56% +0.06
PJUL Innovator U.S. Equity Power Add +46.0% 0.16% +0.05
F Ford Motor Co. Add +0.9% 0.41% +0.05
AAPL Apple Inc. Add +2.2% 0.54% +0.04
MS Morgan Stanley Add +0.7% 0.25% +0.04
NVDA Nvidia Corp. Add +40.0% 0.12% +0.04
CLOX Eldridge Aaa Clo ETF Add +43.3% 0.14% +0.04
SPSB SS SPDR P St C Corp. ETF Add +15.7% 0.39% +0.03
FITB Fifth Third Bancorp Add +0.9% 0.18% +0.02
AMZN Amazon.com Inc. Add +8.1% 0.11% +0.01
KBE SS SPDR S&P Bank ETF Add +0.1% 0.15% +0.01
JPM JPMorgan Chase & Co. Add +1.5% 0.17% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +1.7% 0.14% +0.01
VCIT Vanguard Int-Term Corporate Add +13.4% 0.14% +0.01
XEXGX Eaton Vance Tax-Managed Glob Add +2.1% 0.10% +0.01
MBWM Mercantile Bank Corp. Add +0.7% 0.11% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.10% +0.01
SFLO VS SM Cap Free Cash Flow ETF Add +0.3% 0.11% +0.01
GSEW Goldman Sachs Eql WGHT Large Add +3.3% 0.10% +0.01
GSIE Goldman Sachs Activebeta Int Add +1.3% 2.43% +0.01
WTFC Wintrust Financial Corp. Add +0.3% 0.08% +0.01
JMUB JPMorgan Municipal ETF Add +9.4% 0.17% +0.01
PAPI Parametric Equity Prem Inco Add +10.0% 1.84% +0.01
IXUS iShares Core Intl Stock ETF Add +1.3% 0.11% +0.00
PMAR Innovator U.S. Equity Power Add +0.8% 0.54% +0.00
BA The Boeing Co. Add +1.2% 0.12% +0.00
DTM DT Midstream Inc. Add +0.2% 0.16% +0.00
XLF SS Financial Select Sector Add +0.3% 0.10% +0.00
CWT California Water Service Grp Add +0.8% 0.08% +0.00
KO The Coca-Cola Co. Add +0.7% 0.11% +0.00
PJUN Innovator U.S. Equity Power Add +2.5% 0.38% −0.00
MDLZ Mondelez International Inc. Class A Add +0.8% 0.07% −0.00

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