Bonfire Financial
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Bonfire Financial reported 49 stock positions worth $108.5 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 12.2% of the portfolio, followed by SS Technology Select Sector (XLK, 11.6%) and Vanguard Mrngstar GR ETF-Sui (VUG, 7.2%). Compared with Q4 2024, it opened 2 new positions, sold out of 4, added to 27 and reduced 12. The biggest buy was a new position in iShares Short-Term National (SUB) and the biggest sale SS SPDR P Int Term TSY ETF (SPTI, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- COLORADO SPRINGS, CO
- CIK
- 0001762539
- Portfolio Value
- $108.5M (Q1 2025)
- SEC Filing
- 0001762539-25-000001 ↗ filed Apr 22, 2025
Holdings Value
Holdings 49 stocks · $108.5M
| USFR Wisdomtree Floating Rate Tre | 12.15% | 261,957 | $13.2M | Add +2.5% |
| XLK SS Technology Select Sector | 11.62% | 61,018 | $12.6M | Add +10.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 7.19% | 21,026 | $7.8M | Reduce -4.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.11% | 12,453 | $6.6M | Add +3.9% |
| XLF SS Financial Select Sector | 5.78% | 125,913 | $6.3M | Add +6.5% |
| XLV SS Health Care Select Sector | 5.05% | 37,536 | $5.5M | Add +9.7% |
| VCR Vanguard Consumer Discre ETF | 4.65% | 15,478 | $5.0M | Add +7.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.60% | 28,915 | $5.0M | Reduce -10.2% |
| XLC SS Comm Select Sector SPDR | 4.20% | 47,232 | $4.6M | Add +5.5% |
| SPTI SS SPDR P Int Term TSY ETF | 3.63% | 137,640 | $3.9M | Reduce -37.4% |
| VIS Vanguard Industrials ETF | 3.33% | 14,584 | $3.6M | Add +6.8% |
| VDC Vanguard Consumer Staple ETF | 2.53% | 12,543 | $2.7M | Add +4.1% |
| DGRO iShares Core Dividend Growth | 2.19% | 38,445 | $2.4M | Reduce -13.2% |
| FLOT iShares Floating Rate Bond E | 2.08% | 44,181 | $2.3M | Reduce -3.0% |
| VDE Vanguard Energy ETF | 1.95% | 16,302 | $2.1M | Add +7.4% |
| AAPL Apple Inc. | 1.90% | 9,276 | $2.1M | Reduce -3.0% |
| ONEY SS SPDR R1000 Yield Foc ETF | 1.51% | 15,006 | $1.6M | Reduce -10.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.49% | 2,874 | $1.6M | Add +0.7% |
| SUB iShares Short-Term National | 1.46% | 14,984 | $1.6M | New |
| IMCG iShares Morningstar Mid-Cap | 1.44% | 21,821 | $1.6M | Reduce -5.7% |
| KR Kroger Co. | 1.31% | 21,040 | $1.4M | No change |
| VOO Vanguard S&P 500 ETF | 1.29% | 2,725 | $1.4M | Add +19.5% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 1.07% | 4,024 | $1.2M | Add +3.8% |
| VPU Vanguard Utilities ETF | 1.03% | 6,549 | $1.1M | Add +3.9% |
| IWD iShares Russell 1000 Value E | 0.88% | 5,066 | $953K | Add +0.4% |
| VAW Vanguard Materials ETF | 0.87% | 4,984 | $941K | Add +6.2% |
| BITB Bitwise Bitcoin ETF | 0.72% | 17,405 | $781K | Add +33.7% |
| SCHD Schwab US DVD Equity ETF | 0.72% | 27,918 | $781K | No change |
| IDEV iShares Core MSCI Dev MKTS | 0.65% | 10,309 | $710K | Reduce -18.5% |
| EEM iShares MSCI Emerging Market | 0.54% | 13,459 | $588K | Reduce -5.8% |
| IVV iShares Core S&P 500 ETF | 0.52% | 995 | $559K | Add +1.1% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.51% | 6,615 | $551K | Add +0.0% |
| VGT Vanguard Info Tech ETF | 0.50% | 1,010 | $548K | Add +24.4% |
| MSFT Microsoft Corp. | 0.47% | 1,346 | $505K | Add +5.5% |
| CNC Centene Corp. | 0.45% | 8,086 | $491K | No change |
| IJR iShares Core S&P Small-Cap E | 0.44% | 4,514 | $472K | Add +0.0% |
| EFA iShares MSCI Eafe ETF | 0.43% | 5,646 | $461K | No change |
| XLRE SS Real Estate Select Sector | 0.33% | 8,503 | $356K | Add +18.7% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.28% | 2,515 | $301K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.28% | 1,601 | $298K | Reduce -13.9% |
| IWF iShares Russell 1000 Growth | 0.26% | 789 | $285K | No change |
| WMT Walmart Inc. | 0.26% | 3,185 | $280K | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.25% | 2,311 | $275K | Add +0.1% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.24% | 2,411 | $258K | Reduce -17.1% |
| PFE Pfizer Inc. | 0.21% | 8,984 | $228K | Add +1.8% |
| GBTC Grayscale Bitcoin Trust ETF | 0.21% | 3,473 | $226K | Add +12.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.19% | 2,094 | $209K | No change |
| JPM JPMorgan Chase & Co. | 0.19% | 828 | $203K | New |
| HBI Hanesbrands Inc. | 0.06% | 11,057 | $64K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| SPTI SS SPDR P Int Term TSY ETF | Reduce -37.4% | 3.63% | −1.92 |
| TSLA Tesla Inc. | Sold out | 0.00% | −1.37 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.3% | 7.19% | −0.97 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -10.2% | 4.60% | −0.33 |
| DGRO iShares Core Dividend Growth | Reduce -13.2% | 2.19% | −0.27 |
| AAPL Apple Inc. | Reduce -3.0% | 1.90% | −0.27 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.21 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.20 |
| BCD Abrdn Bloomberg All Commodit | Sold out | 0.00% | −0.20 |
| IMCG iShares Morningstar Mid-Cap | Reduce -5.7% | 1.44% | −0.15 |
| ONEY SS SPDR R1000 Yield Foc ETF | Reduce -10.7% | 1.51% | −0.14 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -18.5% | 0.65% | −0.08 |
| VIOG Vanguard S&P SM Cap 600 GRW | Reduce -17.1% | 0.24% | −0.07 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -13.9% | 0.28% | −0.06 |
| FLOT iShares Floating Rate Bond E | Reduce -3.0% | 2.08% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -5.8% | 0.54% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| SUB iShares Short-Term National | New | 1.46% | +1.46 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.9% | 6.11% | +1.20 |
| XLV SS Health Care Select Sector | Add +9.7% | 5.05% | +0.79 |
| XLF SS Financial Select Sector | Add +6.5% | 5.78% | +0.61 |
| USFR Wisdomtree Floating Rate Tre | Add +2.5% | 12.15% | +0.52 |
| VDE Vanguard Energy ETF | Add +7.4% | 1.95% | +0.28 |
| XLC SS Comm Select Sector SPDR | Add +5.5% | 4.20% | +0.28 |
| VDC Vanguard Consumer Staple ETF | Add +4.1% | 2.53% | +0.23 |
| JPM JPMorgan Chase & Co. | New | 0.19% | +0.19 |
| VIS Vanguard Industrials ETF | Add +6.8% | 3.33% | +0.19 |
| VOO Vanguard S&P 500 ETF | Add +19.5% | 1.29% | +0.18 |
| BITB Bitwise Bitcoin ETF | Add +33.7% | 0.72% | +0.12 |
| VPU Vanguard Utilities ETF | Add +3.9% | 1.03% | +0.10 |
| VAW Vanguard Materials ETF | Add +6.2% | 0.87% | +0.07 |
| XLRE SS Real Estate Select Sector | Add +18.7% | 0.33% | +0.06 |
| MSTR Strategy Inc. | Add +3.8% | 1.07% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +24.4% | 0.50% | +0.05 |
| IWD iShares Russell 1000 Value E | Add +0.4% | 0.88% | +0.03 |
| XLK SS Technology Select Sector | Add +10.8% | 11.62% | +0.03 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.25% | +0.03 |
| GBTC Grayscale Bitcoin Trust ETF | Add +12.9% | 0.21% | +0.00 |
| WMT Walmart Inc. | Add +0.3% | 0.26% | −0.00 |
| PFE Pfizer Inc. | Add +1.8% | 0.21% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +1.1% | 0.52% | −0.01 |
| MSFT Microsoft Corp. | Add +5.5% | 0.47% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.7% | 1.49% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 0.44% | −0.04 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.0% | 0.51% | −0.04 |
| VCR Vanguard Consumer Discre ETF | Add +7.2% | 4.65% | −0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $155.6M | XLK, USFR, VUG, BRK.B, XLF |
| Q1 2026 | 57 | $132.9M | USFR, XLK, VUG, BRK.B, XLF |
| Q4 2025 | 58 | $133.9M | XLK, USFR, VUG, XLF, BRK.B |
| Q3 2025 | 56 | $130.2M | XLK, USFR, VUG, XLF, BRK.B |
| Q2 2025 | 53 | $121.9M | XLK, USFR, VUG, XLF, BRK.B |
| Q1 2025 | 49 | $108.5M | USFR, XLK, VUG, BRK.B, XLF |
| Q4 2024 | 51 | $110.5M | USFR, XLK, VUG, SPTI, XLF |