Bonfire Financial
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Bonfire Financial reported 53 stock positions worth $121.9 million. Its top holding was SS Technology Select Sector (XLK) at 13.5% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 11.3%) and Vanguard Mrngstar GR ETF-Sui (VUG, 7.5%). Compared with Q1 2025, it opened 4 new positions, added to 33 and reduced 10. The biggest buy was SS Technology Select Sector (XLK, shares +7%) and the biggest sale SS SPDR P Int Term TSY ETF (SPTI, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- COLORADO SPRINGS, CO
- CIK
- 0001762539
- Portfolio Value
- $121.9M (Q2 2025)
- SEC Filing
- 0001762539-25-000002 ↗ filed Aug 6, 2025
Holdings Value
Holdings 53 stocks · $121.9M
| XLK SS Technology Select Sector | 13.53% | 65,111 | $16.5M | Add +6.7% |
| USFR Wisdomtree Floating Rate Tre | 11.34% | 274,798 | $13.8M | Add +4.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 7.53% | 20,911 | $9.2M | Reduce -0.6% |
| XLF SS Financial Select Sector | 5.69% | 132,497 | $6.9M | Add +5.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.23% | 13,119 | $6.4M | Add +5.3% |
| VCR Vanguard Consumer Discre ETF | 4.78% | 16,075 | $5.8M | Add +3.9% |
| XLV SS Health Care Select Sector | 4.40% | 39,804 | $5.4M | Add +6.0% |
| XLC SS Comm Select Sector SPDR | 4.35% | 48,892 | $5.3M | Add +3.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.24% | 29,056 | $5.2M | Add +0.5% |
| VIS Vanguard Industrials ETF | 3.50% | 15,248 | $4.3M | Add +4.5% |
| SPTI SS SPDR P Int Term TSY ETF | 3.10% | 131,290 | $3.8M | Reduce -4.6% |
| VDC Vanguard Consumer Staple ETF | 2.37% | 13,217 | $2.9M | Add +5.4% |
| DGRO iShares Core Dividend Growth | 2.02% | 38,480 | $2.5M | Add +0.1% |
| FLOT iShares Floating Rate Bond E | 1.81% | 43,248 | $2.2M | Reduce -2.1% |
| SUB iShares Short-Term National | 1.75% | 20,037 | $2.1M | Add +33.7% |
| VDE Vanguard Energy ETF | 1.65% | 16,930 | $2.0M | Add +3.9% |
| AAPL Apple Inc. | 1.58% | 9,378 | $1.9M | Add +1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.46% | 2,877 | $1.8M | Add +0.1% |
| IMCG iShares Morningstar Mid-Cap | 1.43% | 21,716 | $1.7M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 1.41% | 3,014 | $1.7M | Add +10.6% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 1.32% | 3,976 | $1.6M | Reduce -1.2% |
| ONEY SS SPDR R1000 Yield Foc ETF | 1.32% | 14,811 | $1.6M | Reduce -1.3% |
| KR Kroger Co. | 1.24% | 21,040 | $1.5M | No change |
| MSFT Microsoft Corp. | 1.12% | 2,735 | $1.4M | Add +103.2% |
| VPU Vanguard Utilities ETF | 0.98% | 6,775 | $1.2M | Add +3.5% |
| BITB Bitwise Bitcoin ETF | 0.92% | 19,064 | $1.1M | Add +9.5% |
| VAW Vanguard Materials ETF | 0.84% | 5,227 | $1.0M | Add +4.9% |
| IWD iShares Russell 1000 Value E | 0.81% | 5,089 | $988K | Add +0.5% |
| VGT Vanguard Info Tech ETF | 0.71% | 1,311 | $870K | Add +29.8% |
| IDEV iShares Core MSCI Dev MKTS | 0.64% | 10,325 | $785K | Add +0.2% |
| IVV iShares Core S&P 500 ETF | 0.61% | 1,197 | $743K | Add +20.3% |
| SCHD Schwab US DVD Equity ETF | 0.61% | 27,918 | $740K | No change |
| EEM iShares MSCI Emerging Market | 0.53% | 13,385 | $646K | Reduce -0.6% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.49% | 6,616 | $602K | Add +0.0% |
| EFA iShares MSCI Eafe ETF | 0.42% | 5,667 | $507K | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 4,515 | $493K | Add +0.0% |
| CNC Centene Corp. | 0.36% | 8,086 | $439K | No change |
| XLRE SS Real Estate Select Sector | 0.32% | 9,307 | $385K | Add +9.5% |
| IWF iShares Russell 1000 Growth | 0.27% | 789 | $335K | No change |
| WMT Walmart Inc. | 0.26% | 3,204 | $313K | Add +0.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.26% | 1,596 | $313K | Reduce -0.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.25% | 2,515 | $311K | No change |
| MUB iShares National Muni Bond E | 0.25% | 2,936 | $307K | New |
| GBTC Grayscale Bitcoin Trust ETF | 0.24% | 3,466 | $294K | Reduce -0.2% |
| EFG iShares MSCI Eafe Growth ETF | 0.23% | 2,468 | $276K | Add +17.9% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.22% | 2,340 | $268K | Reduce -2.9% |
| IYW iShares Ustechnology ETF | 0.21% | 1,509 | $262K | New |
| XOM Exxon Mobil Corp. | 0.21% | 2,321 | $250K | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.20% | 829 | $240K | Add +0.1% |
| PFE Pfizer Inc. | 0.19% | 9,634 | $234K | Add +7.2% |
| AMZN Amazon.com Inc. | 0.19% | 1,054 | $231K | New |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 1,627 | $222K | New |
| HBI Hanesbrands Inc. | 0.04% | 11,057 | $51K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| SPTI SS SPDR P Int Term TSY ETF | Reduce -4.6% | 3.10% | −0.53 |
| FLOT iShares Floating Rate Bond E | Reduce -2.1% | 1.81% | −0.27 |
| ONEY SS SPDR R1000 Yield Foc ETF | Reduce -1.3% | 1.32% | −0.20 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.3% | 0.26% | −0.02 |
| VIOG Vanguard S&P SM Cap 600 GRW | Reduce -2.9% | 0.22% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -0.6% | 0.53% | −0.01 |
| IMCG iShares Morningstar Mid-Cap | Reduce -0.5% | 1.43% | −0.01 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -0.2% | 0.24% | +0.03 |
| MSTR Strategy Inc. | Reduce -1.2% | 1.32% | +0.25 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.6% | 7.53% | +0.34 |
Portfolio Buys Q1 2025 → Q2 2025
| XLK SS Technology Select Sector | Add +6.7% | 13.53% | +1.91 |
| MSFT Microsoft Corp. | Add +103.2% | 1.12% | +0.65 |
| SUB iShares Short-Term National | Add +33.7% | 1.75% | +0.29 |
| MUB iShares National Muni Bond E | New | 0.25% | +0.25 |
| IYW iShares Ustechnology ETF | New | 0.21% | +0.21 |
| VGT Vanguard Info Tech ETF | Add +29.8% | 0.71% | +0.21 |
| BITB Bitwise Bitcoin ETF | Add +9.5% | 0.92% | +0.20 |
| AMZN Amazon.com Inc. | New | 0.19% | +0.19 |
| PLTR Palantir Technologies Inc. Class A | New | 0.18% | +0.18 |
| VIS Vanguard Industrials ETF | Add +4.5% | 3.50% | +0.17 |
| XLC SS Comm Select Sector SPDR | Add +3.5% | 4.35% | +0.15 |
| VCR Vanguard Consumer Discre ETF | Add +3.9% | 4.78% | +0.13 |
| VOO Vanguard S&P 500 ETF | Add +10.6% | 1.41% | +0.12 |
| IVV iShares Core S&P 500 ETF | Add +20.3% | 0.61% | +0.09 |
| EFG iShares MSCI Eafe Growth ETF | Add +17.9% | 0.23% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 0.20% | +0.01 |
| WMT Walmart Inc. | Add +0.6% | 0.26% | −0.00 |
| EFA iShares MSCI Eafe ETF | Add +0.4% | 0.42% | −0.01 |
| IDEV iShares Core MSCI Dev MKTS | Add +0.2% | 0.64% | −0.01 |
| XLRE SS Real Estate Select Sector | Add +9.5% | 0.32% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.0% | 0.49% | −0.01 |
| PFE Pfizer Inc. | Add +7.2% | 0.19% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 1.46% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 0.40% | −0.03 |
| VAW Vanguard Materials ETF | Add +4.9% | 0.84% | −0.03 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.21% | −0.05 |
| VPU Vanguard Utilities ETF | Add +3.5% | 0.98% | −0.05 |
| IWD iShares Russell 1000 Value E | Add +0.5% | 0.81% | −0.07 |
| XLF SS Financial Select Sector | Add +5.2% | 5.69% | −0.09 |
| VDC Vanguard Consumer Staple ETF | Add +5.4% | 2.37% | −0.16 |
| DGRO iShares Core Dividend Growth | Add +0.1% | 2.02% | −0.17 |
| VDE Vanguard Energy ETF | Add +3.9% | 1.65% | −0.30 |
| AAPL Apple Inc. | Add +1.1% | 1.58% | −0.32 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.5% | 4.24% | −0.37 |
| XLV SS Health Care Select Sector | Add +6.0% | 4.40% | −0.65 |
| USFR Wisdomtree Floating Rate Tre | Add +4.9% | 11.34% | −0.81 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.3% | 5.23% | −0.89 |
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 |