Bonfire Financial
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Bonfire Financial reported 56 stock positions worth $130.2 million. Its top holding was SS Technology Select Sector (XLK) at 14.4% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 11.3%) and Vanguard Mrngstar GR ETF-Sui (VUG, 6.8%). Compared with Q2 2025, it opened 3 new positions, added to 29 and reduced 16. The biggest buy was a new position in Vanguard Total Bond Market (BND) and the biggest sale SS SPDR P Int Term TSY ETF (SPTI, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- COLORADO SPRINGS, CO
- CIK
- 0001762539
- Portfolio Value
- $130.2M (Q3 2025)
- SEC Filing
- 0001762539-25-000005 ↗ filed Nov 12, 2025
Holdings Value
Holdings 56 stocks · $130.2M
| XLK SS Technology Select Sector | 14.36% | 66,342 | $18.7M | Add +1.9% |
| USFR Wisdomtree Floating Rate Tre | 11.27% | 291,959 | $14.7M | Add +6.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 6.80% | 18,439 | $8.9M | Reduce -11.8% |
| XLF SS Financial Select Sector | 5.68% | 137,368 | $7.4M | Add +3.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 5.28% | 13,679 | $6.9M | Add +4.3% |
| VCR Vanguard Consumer Discre ETF | 4.87% | 16,016 | $6.3M | Reduce -0.4% |
| XLC SS Comm Select Sector SPDR | 4.45% | 48,949 | $5.8M | Add +0.1% |
| XLV SS Health Care Select Sector | 4.34% | 40,621 | $5.7M | Add +2.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.62% | 25,142 | $4.7M | Reduce -13.5% |
| VIS Vanguard Industrials ETF | 3.48% | 15,286 | $4.5M | Add +0.3% |
| VDC Vanguard Consumer Staple ETF | 2.18% | 13,288 | $2.8M | Add +0.5% |
| SPTI SS SPDR P Int Term TSY ETF | 2.02% | 91,084 | $2.6M | Reduce -30.6% |
| DGRO iShares Core Dividend Growth | 2.01% | 38,412 | $2.6M | Reduce -0.2% |
| SUB iShares Short-Term National | 1.98% | 24,174 | $2.6M | Add +20.6% |
| AAPL Apple Inc. | 1.96% | 10,018 | $2.6M | Add +6.8% |
| VDE Vanguard Energy ETF | 1.75% | 18,129 | $2.3M | Add +7.1% |
| FLOT iShares Floating Rate Bond E | 1.61% | 41,152 | $2.1M | Reduce -4.8% |
| VOO Vanguard S&P 500 ETF | 1.43% | 3,023 | $1.9M | Add +0.3% |
| IMCG iShares Morningstar Mid-Cap | 1.32% | 20,782 | $1.7M | Reduce -4.3% |
| BND Vanguard Total Bond Market | 1.23% | 21,475 | $1.6M | New |
| MSFT Microsoft Corp. | 1.21% | 3,039 | $1.6M | Add +11.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.13% | 2,197 | $1.5M | Reduce -23.6% |
| ONEY SS SPDR R1000 Yield Foc ETF | 1.11% | 12,789 | $1.4M | Reduce -13.7% |
| KR Kroger Co. | 1.09% | 21,040 | $1.4M | No change |
| BITB Bitwise Bitcoin ETF | 1.07% | 22,386 | $1.4M | Add +17.4% |
| MSTR Strategy Inc. | 1.01% | 4,067 | $1.3M | Add +2.3% |
| VPU Vanguard Utilities ETF | 0.98% | 6,740 | $1.3M | Reduce -0.5% |
| VAW Vanguard Materials ETF | 0.83% | 5,274 | $1.1M | Add +0.9% |
| IWD iShares Russell 1000 Value E | 0.80% | 5,111 | $1.0M | Add +0.4% |
| VGT Vanguard Info Tech ETF | 0.76% | 1,320 | $985K | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 0.62% | 1,197 | $801K | No change |
| IDEV iShares Core MSCI Dev MKTS | 0.60% | 9,788 | $785K | Reduce -5.2% |
| SCHD Schwab US DVD Equity ETF | 0.53% | 25,365 | $692K | Reduce -9.1% |
| MUB iShares National Muni Bond E | 0.53% | 6,478 | $690K | Add +120.6% |
| EEM iShares MSCI Emerging Market | 0.51% | 12,549 | $670K | Reduce -6.3% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.49% | 6,617 | $634K | Add +0.0% |
| IJR iShares Core S&P Small-Cap E | 0.41% | 4,516 | $537K | Add +0.0% |
| EFA iShares MSCI Eafe ETF | 0.41% | 5,667 | $529K | No change |
| AMZN Amazon.com Inc. | 0.40% | 2,394 | $526K | Add +127.1% |
| XLRE SS Real Estate Select Sector | 0.33% | 10,336 | $435K | Add +11.1% |
| TSLA Tesla Inc. | 0.32% | 945 | $420K | New |
| IWF iShares Russell 1000 Growth | 0.28% | 789 | $370K | No change |
| WMT Walmart Inc. | 0.25% | 3,214 | $331K | Add +0.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.25% | 2,515 | $326K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 1,768 | $322K | Add +8.7% |
| GBTC Grayscale Bitcoin Trust ETF | 0.24% | 3,545 | $316K | Add +2.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.23% | 1,423 | $298K | Reduce -10.8% |
| IYW iShares Ustechnology ETF | 0.23% | 1,510 | $296K | Add +0.1% |
| CNC Centene Corp. | 0.22% | 8,086 | $289K | No change |
| EFG iShares MSCI Eafe Growth ETF | 0.22% | 2,468 | $281K | No change |
| XOM Exxon Mobil Corp. | 0.21% | 2,378 | $268K | Add +2.5% |
| JPM JPMorgan Chase & Co. | 0.21% | 847 | $267K | Add +2.2% |
| VIOG Vanguard S&P SM Cap 600 GRW | 0.20% | 2,173 | $265K | Reduce -7.1% |
| PFE Pfizer Inc. | 0.19% | 9,465 | $241K | Reduce -1.8% |
| GOOG Alphabet Inc. Class C | 0.16% | 867 | $211K | New |
| HBI Hanesbrands Inc. | 0.06% | 11,057 | $73K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| SPTI SS SPDR P Int Term TSY ETF | Reduce -30.6% | 2.02% | −1.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -11.8% | 6.80% | −0.73 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -13.5% | 3.62% | −0.62 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -23.6% | 1.13% | −0.34 |
| ONEY SS SPDR R1000 Yield Foc ETF | Reduce -13.7% | 1.11% | −0.20 |
| FLOT iShares Floating Rate Bond E | Reduce -4.8% | 1.61% | −0.20 |
| IMCG iShares Morningstar Mid-Cap | Reduce -4.3% | 1.32% | −0.11 |
| SCHD Schwab US DVD Equity ETF | Reduce -9.1% | 0.53% | −0.07 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -5.2% | 0.60% | −0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -10.8% | 0.23% | −0.03 |
| VIOG Vanguard S&P SM Cap 600 GRW | Reduce -7.1% | 0.20% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -6.3% | 0.51% | −0.01 |
| DGRO iShares Core Dividend Growth | Reduce -0.2% | 2.01% | −0.01 |
| PFE Pfizer Inc. | Reduce -1.8% | 0.19% | −0.01 |
| VPU Vanguard Utilities ETF | Reduce -0.5% | 0.98% | −0.00 |
| VCR Vanguard Consumer Discre ETF | Reduce -0.4% | 4.87% | +0.10 |
Portfolio Buys Q2 2025 → Q3 2025
| BND Vanguard Total Bond Market | New | 1.23% | +1.23 |
| XLK SS Technology Select Sector | Add +1.9% | 14.36% | +0.84 |
| AAPL Apple Inc. | Add +6.8% | 1.96% | +0.38 |
| TSLA Tesla Inc. | New | 0.32% | +0.32 |
| MUB iShares National Muni Bond E | Add +120.6% | 0.53% | +0.28 |
| SUB iShares Short-Term National | Add +20.6% | 1.98% | +0.23 |
| AMZN Amazon.com Inc. | Add +127.1% | 0.40% | +0.21 |
| GOOG Alphabet Inc. Class C | New | 0.16% | +0.16 |
| BITB Bitwise Bitcoin ETF | Add +17.4% | 1.07% | +0.15 |
| VDE Vanguard Energy ETF | Add +7.1% | 1.75% | +0.10 |
| XLC SS Comm Select Sector SPDR | Add +0.1% | 4.45% | +0.10 |
| MSFT Microsoft Corp. | Add +11.1% | 1.21% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +8.7% | 0.25% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.3% | 5.28% | +0.05 |
| VGT Vanguard Info Tech ETF | Add +0.7% | 0.76% | +0.04 |
| XLRE SS Real Estate Select Sector | Add +11.1% | 0.33% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 1.43% | +0.02 |
| IYW iShares Ustechnology ETF | Add +0.1% | 0.23% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.2% | 0.21% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 0.41% | +0.01 |
| GBTC Grayscale Bitcoin Trust ETF | Add +2.3% | 0.24% | +0.00 |
| XOM Exxon Mobil Corp. | Add +2.5% | 0.21% | +0.00 |
| WMT Walmart Inc. | Add +0.3% | 0.25% | −0.00 |
| VAW Vanguard Materials ETF | Add +0.9% | 0.83% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +0.0% | 0.49% | −0.01 |
| XLF SS Financial Select Sector | Add +3.7% | 5.68% | −0.01 |
| IWD iShares Russell 1000 Value E | Add +0.4% | 0.80% | −0.01 |
| VIS Vanguard Industrials ETF | Add +0.3% | 3.48% | −0.02 |
| XLV SS Health Care Select Sector | Add +2.0% | 4.34% | −0.06 |
| USFR Wisdomtree Floating Rate Tre | Add +6.2% | 11.27% | −0.07 |
| VDC Vanguard Consumer Staple ETF | Add +0.5% | 2.18% | −0.19 |
| MSTR Strategy Inc. | Add +2.3% | 1.01% | −0.31 |
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 |