Breakwater Capital Group
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 10, 2025), Breakwater Capital Group reported 326 stock positions worth $561.2 million. Its top holding was Invesco Rafi US 1000 ETF (PRF) at 3.5% of the portfolio, followed by Apple (AAPL, 3.5%) and JPMorgan US Quality Factor (JQUA, 3.4%). Compared with Q4 2024, it opened 48 new positions, sold out of 6, added to 202 and reduced 66. The biggest buy was Vngrd Mrgstr MG CP VL ETF-Ui (MGV, shares +35%) and the biggest sale Janus Henderson Aaa Clo ETF (JAAA, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- PARAMUS, NJ
- CIK
- 0001964309
- Portfolio Value
- $561.2M (Q1 2025)
- SEC Filing
- 0001085146-25-002021 ↗ filed Apr 10, 2025
Holdings Value
Holdings 326 stocks · $561.2M
| PRF Invesco Rafi US 1000 ETF | 3.48% | 484,001 | $19.6M | Add +5.7% |
| AAPL Apple Inc. | 3.48% | 87,873 | $19.5M | Add +3.9% |
| JQUA JPMorgan US Quality Factor | 3.42% | 340,111 | $19.2M | Add +14.6% |
| RSP Invesco S&P 500 Equal Weight | 2.95% | 95,501 | $16.5M | Add +6.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.51% | 81,677 | $14.1M | Add +6.3% |
| IVV iShares Core S&P 500 ETF | 2.42% | 24,134 | $13.6M | Add +12.3% |
| IWF iShares Russell 1000 Growth | 2.36% | 36,736 | $13.3M | Add +16.0% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 2.36% | 102,621 | $13.2M | Add +35.1% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.14% | 229,230 | $12.0M | Add +27.2% |
| IWD iShares Russell 1000 Value E | 2.13% | 63,669 | $12.0M | Add +2.7% |
| FALN iShares Fallen Angels ETF | 1.66% | 347,993 | $9.3M | Add +8.9% |
| VOO Vanguard S&P 500 ETF | 1.65% | 17,965 | $9.2M | Add +36.7% |
| IQLT iShares MSCI International Q | 1.55% | 219,540 | $8.7M | Add +5.3% |
| MSFT Microsoft Corp. | 1.49% | 22,234 | $8.3M | Add +18.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.47% | 102,411 | $8.2M | Add +16.0% |
| SYLD Cambria Shareholder Yield Et | 1.46% | 128,030 | $8.2M | Add +8.0% |
| XSHQ Invesco S&P Smallcap Quality | 1.44% | 205,198 | $8.1M | Add +15.6% |
| XCEM Columbia Em Core Ex-China | 1.09% | 206,899 | $6.1M | Add +0.8% |
| AMZN Amazon.com Inc. | 0.97% | 28,484 | $5.4M | Add +24.0% |
| EZM Wisdomtree US Midcap Fund | 0.95% | 89,242 | $5.3M | Add +10.0% |
| JAAA Janus Henderson Aaa Clo ETF | 0.93% | 103,325 | $5.2M | Reduce -19.4% |
| IWB iShares Russell 1000 ETF | 0.86% | 15,774 | $4.8M | Add +4.7% |
| DFIV Dimensional International Va | 0.86% | 122,501 | $4.8M | Add +21.6% |
| VTIP Vanguard Short-Term Tips | 0.85% | 95,688 | $4.8M | Add +10.8% |
| IUSV iShares Core S&P U.S. Value | 0.83% | 50,579 | $4.7M | Add +0.8% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 0.81% | 124,945 | $4.5M | Reduce -1.1% |
| PYLD PIMCO Multisector Bond Actv | 0.80% | 169,793 | $4.5M | Add +105.4% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.79% | 84,898 | $4.5M | Reduce -1.2% |
| QUAL iShares MSCI USA Quality Fac | 0.78% | 25,646 | $4.4M | Add +12.1% |
| MDY State Street SPDR S&P Midcap | 0.76% | 8,047 | $4.3M | Add +12.1% |
| TT Trane Technologies PLC | 0.76% | 12,617 | $4.3M | Add +1.7% |
| DFEV Dimensional Emrg MRKT Val | 0.75% | 156,489 | $4.2M | Add +4.3% |
| SPBO SS SPDR P Corp. Bond ETF | 0.74% | 143,212 | $4.2M | Add +18.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.74% | 41,336 | $4.1M | Add +19.1% |
| ORCL Oracle Corp. | 0.73% | 29,163 | $4.1M | Reduce -0.1% |
| SPGP Invesco S&P 500 Garp ETF | 0.71% | 39,918 | $4.0M | Reduce -0.2% |
| PXF Invesco Rafi Developed Marke | 0.71% | 76,268 | $4.0M | Add +4.7% |
| NVDA Nvidia Corp. | 0.70% | 36,233 | $3.9M | Add +10.0% |
| IGEB iShares Investment Grade SYS | 0.70% | 87,018 | $3.9M | Add +52.6% |
| VCIT Vanguard Int-Term Corporate | 0.69% | 47,114 | $3.9M | Add +6.6% |
| IJH iShares Core S&P Midcap ETF | 0.69% | 65,966 | $3.8M | Add +1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.62% | 6,557 | $3.5M | Add +2.2% |
| JPM JPMorgan Chase & Co. | 0.61% | 13,917 | $3.4M | Add +25.9% |
| XOM Exxon Mobil Corp. | 0.61% | 28,616 | $3.4M | Add +11.9% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.60% | 82,817 | $3.4M | Add +17.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 5,681 | $3.2M | Add +0.7% |
| DIVB iShares Core Dividend ETF | 0.55% | 63,606 | $3.1M | Add +14.6% |
| DNL Wisdmtree GB Ex-US QL GR-Usd | 0.51% | 80,000 | $2.9M | Reduce -5.4% |
| IJR iShares Core S&P Small-Cap E | 0.50% | 26,937 | $2.8M | Add +3.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.49% | 54,301 | $2.8M | Add +0.6% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.49% | 8,970 | $2.8M | Add +2.1% |
| GOOG Alphabet Inc. Class C | 0.46% | 16,680 | $2.6M | Add +54.6% |
| STIP iShares 0-5 Year Tips Bond E | 0.45% | 24,344 | $2.5M | Reduce -2.3% |
| IVW iShares S&P 500 Growth ETF | 0.44% | 26,368 | $2.4M | Add +13.1% |
| LLY Eli Lilly & Co. | 0.43% | 2,930 | $2.4M | Add +1.7% |
| VIGI Vanguard Int Div App Indx FD | 0.43% | 28,992 | $2.4M | Reduce -1.0% |
| DFAE Dimensional Emerging Core Eq | 0.43% | 92,184 | $2.4M | Add +6.8% |
| JSMD Janus Small Mid Cap GR Alp | 0.42% | 34,077 | $2.4M | Add +7.0% |
| SCZ iShares MSCI Eafe Small-Cap | 0.42% | 36,930 | $2.3M | Add +21.9% |
| IDHQ Invesco S&P International DE | 0.39% | 73,872 | $2.2M | Reduce -1.4% |
| NOBL Proshares S&P 500 Dividend A | 0.39% | 21,473 | $2.2M | Reduce -0.6% |
| IPKW Invesco International Buybac | 0.37% | 45,477 | $2.1M | Add +661.0% |
| JMUB JPMorgan Municipal ETF | 0.37% | 41,300 | $2.1M | Add +101.2% |
| MUB iShares National Muni Bond E | 0.36% | 19,218 | $2.0M | Reduce -2.8% |
| PKW Invesco Buyback Achievers Et | 0.36% | 17,844 | $2.0M | Add +5.4% |
| AVEM Avantis Emerging Markets Eq | 0.36% | 33,256 | $2.0M | Add +24.9% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.35% | 16,276 | $1.9M | Add +0.9% |
| SPIB SS SPDR P Int C Corp. ETF | 0.35% | 58,558 | $1.9M | Reduce -2.5% |
| BIV Vanguard Intermediate-Term B | 0.35% | 25,419 | $1.9M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 0.35% | 3,374 | $1.9M | Add +6.6% |
| HD Home Depot Inc. | 0.35% | 5,297 | $1.9M | Add +21.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.35% | 39,042 | $1.9M | Reduce -15.5% |
| PFE Pfizer Inc. | 0.34% | 76,325 | $1.9M | Add +4.3% |
| GD General Dynamics Corp. | 0.33% | 6,782 | $1.8M | Add +0.7% |
| V Visa Inc. Class A | 0.33% | 5,268 | $1.8M | Add +57.8% |
| RPV Invesco S&P 500 Pure Value E | 0.31% | 19,076 | $1.8M | Add +2.9% |
| EFV iShares MSCI Eafe Value ETF | 0.31% | 29,179 | $1.7M | Add +22.4% |
| SHYD Vaneck SH Hi YLD Muni | 0.31% | 76,255 | $1.7M | Reduce -0.2% |
| MTBA Simplify MBS ETF | 0.30% | 33,489 | $1.7M | New |
| HYMB SS SPDR N Ice HY Muni ETF | 0.29% | 64,338 | $1.6M | Add +15.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.28% | 66,348 | $1.6M | Add +210.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.27% | 36,884 | $1.5M | Reduce -2.7% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 7,678 | $1.5M | Add +1.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.27% | 8,137 | $1.5M | Add +3.0% |
| UNH Unitedhealth Group Inc. | 0.27% | 2,890 | $1.5M | Add +18.0% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.27% | 19,348 | $1.5M | Add +1.7% |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 0.27% | 133,450 | $1.5M | Add +31.4% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.26% | 15,229 | $1.5M | Add +9.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 3,960 | $1.5M | Add +25.6% |
| GOOGL Alphabet Inc. Class A | 0.26% | 9,403 | $1.5M | Add +9.4% |
| VEA Vanguard Ftse Developed ETF | 0.26% | 28,300 | $1.4M | Add +13.3% |
| WFC Wells Fargo & Co. | 0.26% | 20,035 | $1.4M | Add +16.6% |
| T AT&T Inc. | 0.25% | 50,577 | $1.4M | Add +3.8% |
| DTH Wisdomtree International Hig | 0.25% | 33,664 | $1.4M | Reduce -6.1% |
| MUJ BlackRock Munihold NJ QLTY | 0.25% | 123,845 | $1.4M | Add +36.6% |
| XNXJX Nuveen NJ QLTY Muni Inc. | 0.24% | 116,280 | $1.4M | Reduce -16.7% |
| WMT Walmart Inc. | 0.24% | 15,380 | $1.4M | Add +2.5% |
| DIHP Dimensional International Hi | 0.24% | 49,231 | $1.3M | Reduce -25.0% |
| ANGL Vaneck Fallen Angel High YLD | 0.23% | 45,483 | $1.3M | Add +18.5% |
| C Citigroup Inc. | 0.23% | 18,299 | $1.3M | Add +27.2% |
Portfolio Sells Q4 2024 → Q1 2025
| JAAA Janus Henderson Aaa Clo ETF | Reduce -19.4% | 0.93% | −0.36 |
| JMBS Janus Henderson Mortg Backed | Reduce -64.5% | 0.12% | −0.25 |
| ORCL Oracle Corp. | Reduce -0.1% | 0.73% | −0.24 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.20 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -0.2% | 0.71% | −0.13 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -15.5% | 0.35% | −0.12 |
| DNL Wisdmtree GB Ex-US QL GR-Usd | Reduce -5.4% | 0.51% | −0.10 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Reduce -16.7% | 0.24% | −0.09 |
| DIHP Dimensional International Hi | Reduce -25.0% | 0.24% | −0.09 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -20.4% | 0.18% | −0.09 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -1.2% | 0.79% | −0.09 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.08 |
| IR Ingersoll-Rand Inc. | Reduce -3.0% | 0.22% | −0.07 |
| NAD Nuveen Quality Municipal Inc. | Reduce -25.0% | 0.12% | −0.06 |
| QVAL Alpha Arch US QNT Value ETF | Reduce -19.4% | 0.13% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -1.6% | 0.23% | −0.06 |
| MUB iShares National Muni Bond E | Reduce -2.8% | 0.36% | −0.06 |
| BAC Bank of America Corp. | Reduce -2.7% | 0.27% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -31.3% | 0.08% | −0.05 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Reduce -1.1% | 0.81% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -26.0% | 0.08% | −0.05 |
| NRK Nuveen NY Amt-FR Muni Inc. | Reduce -41.1% | 0.06% | −0.05 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -2.3% | 0.45% | −0.05 |
| DFNM Dimensional National Muni BD | Sold out | 0.00% | −0.05 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.05 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -2.5% | 0.35% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.04 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -4.2% | 0.17% | −0.04 |
| DHR Danaher Corp. | Reduce -12.9% | 0.09% | −0.04 |
| VIGI Vanguard Int Div App Indx FD | Reduce -1.0% | 0.43% | −0.04 |
| NOBL Proshares S&P 500 Dividend A | Reduce -0.6% | 0.39% | −0.04 |
| SHYD Vaneck SH Hi YLD Muni | Reduce -0.2% | 0.31% | −0.04 |
| BIV Vanguard Intermediate-Term B | Reduce -1.3% | 0.35% | −0.04 |
| XBI SS SPDR S&P Biotech ETF | Reduce -22.3% | 0.06% | −0.04 |
| USIG iShares Broad Usd Investment | Reduce -11.3% | 0.14% | −0.03 |
| MUNI PIMCO Intermediate Municipal | Reduce -8.0% | 0.14% | −0.03 |
| IDHQ Invesco S&P International DE | Reduce -1.4% | 0.39% | −0.03 |
| AXP American Express Co. | Reduce -1.4% | 0.11% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -35.7% | 0.04% | −0.03 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -35.4% | 0.04% | −0.03 |
| AVES Avantis Emerging Markets Val | Reduce -12.1% | 0.11% | −0.03 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -11.3% | 0.10% | −0.03 |
| XNXNX Nuveen NY Sel Tax-FR Inc. | Reduce -21.8% | 0.07% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.8% | 0.15% | −0.03 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -28.6% | 0.04% | −0.02 |
| NYF iShares New York Muni Bond E | Reduce -26.6% | 0.04% | −0.02 |
| CGCP Cap Group Core Plus Income | Reduce -23.0% | 0.05% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -30.0% | 0.04% | −0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -0.1% | 0.12% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Add +35.1% | 2.36% | +0.47 |
| PYLD PIMCO Multisector Bond Actv | Add +105.4% | 0.80% | +0.37 |
| IPKW Invesco International Buybac | Add +661.0% | 0.37% | +0.32 |
| MTBA Simplify MBS ETF | New | 0.30% | +0.30 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +27.2% | 2.14% | +0.27 |
| VOO Vanguard S&P 500 ETF | Add +36.7% | 1.65% | +0.23 |
| IGEB iShares Investment Grade SYS | Add +52.6% | 0.70% | +0.19 |
| PHYL Pgim Active High Yield Bond | New | 0.18% | +0.18 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +210.1% | 0.28% | +0.18 |
| JMUB JPMorgan Municipal ETF | Add +101.2% | 0.37% | +0.16 |
| VCRM Vanguard Core Tax-Ex Bond | New | 0.16% | +0.16 |
| DFIV Dimensional International Va | Add +21.6% | 0.86% | +0.15 |
| XSMO Invesco S&P Smallcap Momentu | New | 0.14% | +0.14 |
| V Visa Inc. Class A | Add +57.8% | 0.33% | +0.12 |
| ATMP Ipath Select MLP ETN | New | 0.11% | +0.11 |
| ABT Abbott Laboratories | New | 0.11% | +0.11 |
| CLOA iShares Aaa Clo Act ETF-Usdi | New | 0.10% | +0.10 |
| EQAL Invesco Russell 1000 Equal W | New | 0.10% | +0.10 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +186.7% | 0.15% | +0.09 |
| NAN Nuveen NY QLTY Muni Inc. | New | 0.09% | +0.09 |
| IBBQ Invesco Nasdaq Biotech ETF | New | 0.09% | +0.09 |
| FNDA Schwab Fndmntl US SM Co. ETF | New | 0.08% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +25.9% | 0.61% | +0.08 |
| FRPT Freshpet Inc. | Add +415.1% | 0.13% | +0.08 |
| DWMF Wisdomtree International Mul | New | 0.08% | +0.08 |
| AZN Astrazeneca PLC-Spons ADR | New | 0.08% | +0.08 |
| MO Altria Group Inc. | New | 0.08% | +0.08 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.08% | +0.08 |
| RVTY Revvity Inc. | New | 0.07% | +0.07 |
| ICE Intercontinental Exchange Inc. | New | 0.07% | +0.07 |
| TMUS T-Mobile US Inc. | Add +143.1% | 0.11% | +0.07 |
| VSDM Vanguard Short Tax-Ex Bond | New | 0.07% | +0.07 |
| IBM Intl Business Machines Corp. | Add +45.4% | 0.21% | +0.07 |
| EFG iShares MSCI Eafe Growth ETF | Add +19.1% | 0.74% | +0.07 |
| ANET Arista Networks Inc. | New | 0.07% | +0.07 |
| XMMO Invesco S&P Midcap Momentum | New | 0.06% | +0.06 |
| VYM Vanguard High DVD Yield ETF | New | 0.06% | +0.06 |
| RPM RPM International Inc. | New | 0.06% | +0.06 |
| HYDB iShares High Yield Systemati | New | 0.06% | +0.06 |
| XOM Exxon Mobil Corp. | Add +11.9% | 0.61% | +0.06 |
| IUS Invesco Rafi Strategic US Et | Add +97.5% | 0.14% | +0.06 |
| RTX RTX Corp. | Add +83.6% | 0.12% | +0.06 |
| EVTR Eaton Vance Total Return | New | 0.06% | +0.06 |
| EFV iShares MSCI Eafe Value ETF | Add +22.4% | 0.31% | +0.06 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +124.8% | 0.12% | +0.06 |
| ITOT iShares Core S&P Total U.S. | New | 0.06% | +0.06 |
| SPGI S&P Global Inc. | New | 0.06% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +54.6% | 0.46% | +0.06 |
| VGK Vanguard Ftse Europe ETF | New | 0.05% | +0.05 |
| PM Philip Morris International | New | 0.05% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 374 | $832.9M | JQUA, MGV, PRF, AAPL, IWF |
| Q1 2026 | 373 | $746.8M | JQUA, MGV, AAPL, PRF, IWF |
| Q4 2025 | 352 | $716.6M | JQUA, AAPL, PRF, MGV, IWF |
| Q3 2025 | 352 | $677.2M | JQUA, PRF, AAPL, RSP, MGV |
| Q2 2025 | 340 | $613.6M | JQUA, PRF, AAPL, RSP, IWF |
| Q1 2025 | 326 | $561.2M | PRF, AAPL, JQUA, RSP, VTV |
| Q4 2024 | 284 | $502.3M | AAPL, PRF, JQUA, RSP, VTV |
| Q3 2024 | 286 | $496.3M | AAPL, PRF, JQUA, RSP, VTV |
| Q2 2024 | 276 | $440.7M | AAPL, PRF, JQUA, RSP, VTV |
| Q1 2024 | 260 | $397.7M | PRF, RSP, AAPL, JQUA, VTV |