Breakwater Capital Group
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Breakwater Capital Group reported 340 stock positions worth $613.6 million. Its top holding was JPMorgan US Quality Factor (JQUA) at 3.4% of the portfolio, followed by Invesco Rafi US 1000 ETF (PRF, 3.4%) and Apple (AAPL, 2.9%). Compared with Q1 2025, it opened 29 new positions, sold out of 15, added to 153 and reduced 129. The biggest buy was a new position in Inv Rafi US 1500 SM-Usd (PRFZ) and the biggest sale Janus Henderson Aaa Clo ETF (JAAA, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- PARAMUS, NJ
- CIK
- 0001964309
- Portfolio Value
- $613.6M (Q2 2025)
- SEC Filing
- 0001085146-25-003623 ↗ filed Jul 9, 2025
Holdings Value
Holdings 340 stocks · $613.6M
| JQUA JPMorgan US Quality Factor | 3.44% | 350,961 | $21.1M | Add +3.2% |
| PRF Invesco Rafi US 1000 ETF | 3.42% | 497,035 | $21.0M | Add +2.7% |
| AAPL Apple Inc. | 2.93% | 87,734 | $18.0M | Reduce -0.2% |
| RSP Invesco S&P 500 Equal Weight | 2.90% | 97,977 | $17.8M | Add +2.6% |
| IWF iShares Russell 1000 Growth | 2.56% | 37,059 | $15.7M | Add +0.9% |
| IVV iShares Core S&P 500 ETF | 2.42% | 23,944 | $14.9M | Reduce -0.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.39% | 82,971 | $14.7M | Add +1.6% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 2.29% | 107,168 | $14.1M | Add +4.4% |
| IWD iShares Russell 1000 Value E | 2.17% | 68,456 | $13.3M | Add +7.5% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.86% | 215,491 | $11.4M | Reduce -6.0% |
| MSFT Microsoft Corp. | 1.79% | 22,053 | $11.0M | Reduce -0.8% |
| VOO Vanguard S&P 500 ETF | 1.62% | 17,546 | $10.0M | Reduce -2.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.59% | 102,336 | $9.8M | Reduce -0.1% |
| IQLT iShares MSCI International Q | 1.58% | 223,802 | $9.7M | Add +1.9% |
| FALN iShares Fallen Angels ETF | 1.54% | 348,772 | $9.5M | Add +0.2% |
| XSHQ Invesco S&P Smallcap Quality | 1.27% | 191,423 | $7.8M | Reduce -6.7% |
| SYLD Cambria Shareholder Yield Et | 1.05% | 98,757 | $6.4M | Reduce -22.9% |
| AMZN Amazon.com Inc. | 1.03% | 28,809 | $6.3M | Add +1.1% |
| XCEM Columbia Em Core Ex-China | 1.02% | 183,340 | $6.3M | Reduce -11.4% |
| ORCL Oracle Corp. | 1.02% | 28,636 | $6.3M | Reduce -1.8% |
| IWB iShares Russell 1000 ETF | 0.97% | 17,497 | $5.9M | Add +10.9% |
| PYLD PIMCO Multisector Bond Actv | 0.95% | 218,635 | $5.8M | Add +28.8% |
| EZM Wisdomtree US Midcap Fund | 0.92% | 91,652 | $5.7M | Add +2.7% |
| TT Trane Technologies PLC | 0.90% | 12,642 | $5.5M | Add +0.2% |
| NVDA Nvidia Corp. | 0.87% | 33,678 | $5.3M | Reduce -7.0% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 0.84% | 122,547 | $5.2M | Reduce -1.9% |
| QUAL iShares MSCI USA Quality Fac | 0.84% | 28,087 | $5.1M | Add +9.5% |
| DFIV Dimensional International Va | 0.84% | 119,753 | $5.1M | Reduce -2.2% |
| VTIP Vanguard Short-Term Tips | 0.83% | 100,816 | $5.1M | Add +5.4% |
| IUSV iShares Core S&P U.S. Value | 0.78% | 50,506 | $4.8M | Reduce -0.1% |
| EFG iShares MSCI Eafe Growth ETF | 0.77% | 42,065 | $4.7M | Add +1.8% |
| MDY State Street SPDR S&P Midcap | 0.75% | 8,169 | $4.6M | Add +1.5% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.75% | 86,526 | $4.6M | Add +1.9% |
| DFEV Dimensional Emrg MRKT Val | 0.73% | 149,737 | $4.5M | Reduce -4.3% |
| PXF Invesco Rafi Developed Marke | 0.72% | 76,931 | $4.4M | Add +0.9% |
| IGEB iShares Investment Grade SYS | 0.70% | 94,737 | $4.3M | Add +8.9% |
| IJH iShares Core S&P Midcap ETF | 0.68% | 67,400 | $4.2M | Add +2.2% |
| DIVB iShares Core Dividend ETF | 0.68% | 82,823 | $4.2M | Add +30.2% |
| IPKW Invesco International Buybac | 0.67% | 84,346 | $4.1M | Add +85.5% |
| JPM JPMorgan Chase & Co. | 0.66% | 13,939 | $4.0M | Add +0.2% |
| VCIT Vanguard Int-Term Corporate | 0.65% | 47,883 | $4.0M | Add +1.6% |
| SPBO SS SPDR P Corp. Bond ETF | 0.60% | 125,290 | $3.7M | Reduce -12.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.57% | 5,675 | $3.5M | Reduce -0.1% |
| SPGP Invesco S&P 500 Garp ETF | 0.57% | 32,471 | $3.5M | Reduce -18.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.56% | 9,379 | $3.4M | Add +4.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 6,533 | $3.2M | Reduce -0.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.52% | 74,496 | $3.2M | Reduce -10.1% |
| GOOG Alphabet Inc. Class C | 0.49% | 16,904 | $3.0M | Add +1.3% |
| MTBA Simplify MBS ETF | 0.48% | 59,069 | $3.0M | Add +76.4% |
| IVW iShares S&P 500 Growth ETF | 0.48% | 26,691 | $2.9M | Add +1.2% |
| IJR iShares Core S&P Small-Cap E | 0.48% | 26,870 | $2.9M | Reduce -0.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.47% | 55,154 | $2.9M | Add +1.6% |
| XOM Exxon Mobil Corp. | 0.46% | 26,266 | $2.8M | Reduce -8.2% |
| DFAE Dimensional Emerging Core Eq | 0.43% | 91,717 | $2.7M | Reduce -0.5% |
| JSMD Janus Small Mid Cap GR Alp | 0.43% | 34,191 | $2.7M | Add +0.3% |
| SCZ iShares MSCI Eafe Small-Cap | 0.43% | 36,174 | $2.6M | Reduce -2.0% |
| STIP iShares 0-5 Year Tips Bond E | 0.42% | 25,050 | $2.6M | Add +2.9% |
| PKW Invesco Buyback Achievers Et | 0.42% | 20,762 | $2.6M | Add +16.4% |
| VIGI Vanguard Int Div App Indx FD | 0.41% | 27,835 | $2.5M | Reduce -4.0% |
| META Meta Platforms Inc. Class A | 0.40% | 3,337 | $2.5M | Reduce -1.1% |
| IDHQ Invesco S&P International DE | 0.40% | 73,842 | $2.4M | Reduce -0.0% |
| DNL Wisdmtree GB Ex-US QL GR-Usd | 0.39% | 59,711 | $2.4M | Reduce -25.4% |
| AVEM Avantis Emerging Markets Eq | 0.39% | 34,636 | $2.4M | Add +4.2% |
| NOBL Proshares S&P 500 Dividend A | 0.38% | 23,146 | $2.3M | Add +7.8% |
| LLY Eli Lilly & Co. | 0.36% | 2,817 | $2.2M | Reduce -3.9% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.34% | 51,579 | $2.1M | New |
| PHYL Pgim Active High Yield Bond | 0.33% | 57,722 | $2.0M | Add +95.8% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.33% | 16,517 | $2.0M | Add +1.5% |
| BIV Vanguard Intermediate-Term B | 0.33% | 26,095 | $2.0M | Add +2.7% |
| SPIB SS SPDR P Int C Corp. ETF | 0.32% | 59,363 | $2.0M | Add +1.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.32% | 80,976 | $2.0M | Add +22.1% |
| GD General Dynamics Corp. | 0.32% | 6,778 | $2.0M | Reduce -0.1% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 7,678 | $2.0M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.32% | 40,913 | $1.9M | Add +10.9% |
| HD Home Depot Inc. | 0.32% | 5,276 | $1.9M | Reduce -0.4% |
| PFE Pfizer Inc. | 0.31% | 79,670 | $1.9M | Add +4.4% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.31% | 66,364 | $1.9M | Add +296.9% |
| JMUB JPMorgan Municipal ETF | 0.31% | 38,051 | $1.9M | Reduce -7.9% |
| V Visa Inc. Class A | 0.31% | 5,309 | $1.9M | Add +0.8% |
| RPV Invesco S&P 500 Pure Value E | 0.31% | 20,072 | $1.9M | Add +5.2% |
| EFV iShares MSCI Eafe Value ETF | 0.30% | 28,718 | $1.8M | Reduce -1.6% |
| CLOI Vaneck Clo ETF | 0.30% | 34,335 | $1.8M | New |
| JAAA Janus Henderson Aaa Clo ETF | 0.30% | 35,762 | $1.8M | Reduce -65.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.28% | 3,918 | $1.7M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 0.28% | 9,595 | $1.7M | Add +2.0% |
| MUB iShares National Muni Bond E | 0.27% | 16,098 | $1.7M | Reduce -16.2% |
| ANGL Vaneck Fallen Angel High YLD | 0.27% | 57,061 | $1.7M | Add +25.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.27% | 8,555 | $1.7M | Add +5.1% |
| VEA Vanguard Ftse Developed ETF | 0.27% | 29,217 | $1.7M | Add +3.2% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.26% | 19,102 | $1.6M | Reduce -1.3% |
| WFC Wells Fargo & Co. | 0.26% | 19,975 | $1.6M | Reduce -0.3% |
| MUJ BlackRock Munihold NJ QLTY | 0.26% | 143,601 | $1.6M | Add +15.9% |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 0.25% | 142,101 | $1.6M | Add +6.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 2,774 | $1.5M | Add +13.4% |
| WMT Walmart Inc. | 0.25% | 15,435 | $1.5M | Add +0.4% |
| DTH Wisdomtree International Hig | 0.25% | 32,548 | $1.5M | Reduce -3.3% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.24% | 14,759 | $1.5M | Reduce -3.1% |
| C Citigroup Inc. | 0.24% | 17,466 | $1.5M | Reduce -4.5% |
| T AT&T Inc. | 0.24% | 50,372 | $1.5M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 0.23% | 3,909 | $1.4M | Add +25.1% |
Portfolio Sells Q1 2025 → Q2 2025
| JAAA Janus Henderson Aaa Clo ETF | Reduce -65.4% | 0.30% | −0.64 |
| AAPL Apple Inc. | Reduce -0.2% | 2.93% | −0.54 |
| SYLD Cambria Shareholder Yield Et | Reduce -22.9% | 1.05% | −0.41 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -6.0% | 1.86% | −0.28 |
| XSHQ Invesco S&P Smallcap Quality | Reduce -6.7% | 1.27% | −0.17 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -42.5% | 0.18% | −0.17 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -48.4% | 0.13% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -18.6% | 0.12% | −0.15 |
| XOM Exxon Mobil Corp. | Reduce -8.2% | 0.46% | −0.14 |
| SPBO SS SPDR P Corp. Bond ETF | Reduce -12.5% | 0.60% | −0.14 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -18.7% | 0.57% | −0.14 |
| SHYD Vaneck SH Hi YLD Muni | Reduce -34.5% | 0.18% | −0.12 |
| DNL Wisdmtree GB Ex-US QL GR-Usd | Reduce -25.4% | 0.39% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 0.52% | −0.10 |
| MUB iShares National Muni Bond E | Reduce -16.2% | 0.27% | −0.09 |
| IBBQ Invesco Nasdaq Biotech ETF | Sold out | 0.00% | −0.09 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -10.1% | 0.52% | −0.08 |
| NXP Nuveen Select Tax-Free Inc. | Reduce -57.7% | 0.05% | −0.08 |
| NUV Nuveen Municipal Value | Reduce -31.4% | 0.13% | −0.08 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -59.6% | 0.04% | −0.08 |
| RVTY Revvity Inc. | Sold out | 0.00% | −0.07 |
| IWM iShares Russell 2000 ETF | Reduce -37.7% | 0.12% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -3.9% | 0.36% | −0.07 |
| XCEM Columbia Em Core Ex-China | Reduce -11.4% | 1.02% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -11.4% | 0.17% | −0.07 |
| SAFE Safehold Inc. | Sold out | 0.00% | −0.06 |
| CVX Chevron Corp. | Reduce -31.8% | 0.07% | −0.06 |
| JMUB JPMorgan Municipal ETF | Reduce -7.9% | 0.31% | −0.06 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.06 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.06 |
| HELO JPMorgan Hedged Equity ETF | Reduce -27.1% | 0.13% | −0.06 |
| NRK Nuveen NY Amt-FR Muni Inc. | Sold out | 0.00% | −0.06 |
| IUSV iShares Core S&P U.S. Value | Reduce -0.1% | 0.78% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -13.0% | 0.14% | −0.05 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Reduce -8.7% | 0.20% | −0.05 |
| PEP Pepsico Inc. | Reduce -14.1% | 0.10% | −0.05 |
| TMO Thermo Fisher Scientific Inc. | Reduce -37.7% | 0.04% | −0.05 |
| JMBS Janus Henderson Mortg Backed | Reduce -31.3% | 0.08% | −0.05 |
| MHN BlackRock Muniholding NY QLT | Sold out | 0.00% | −0.04 |
| NYF iShares New York Muni Bond E | Sold out | 0.00% | −0.04 |
| FLOT iShares Floating Rate Bond E | Reduce -42.4% | 0.05% | −0.04 |
| JMEE JPM Sma & Mid Cap En Eq Et-U | Sold out | 0.00% | −0.04 |
| QVAL Alpha Arch US QNT Value ETF | Reduce -28.3% | 0.09% | −0.04 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.04 |
| JNJ Johnson & Johnson | Reduce -5.9% | 0.16% | −0.04 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.04 |
| PICK iShares MSCI Global Metals & | Sold out | 0.00% | −0.04 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.04 |
| GEHC GE Healthcare Technology | Sold out | 0.00% | −0.04 |
| PFFD Global X US Preferred ETF | Sold out | 0.00% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | New | 0.34% | +0.34 |
| IPKW Invesco International Buybac | Add +85.5% | 0.67% | +0.30 |
| CLOI Vaneck Clo ETF | New | 0.30% | +0.30 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +296.9% | 0.31% | +0.23 |
| IWF iShares Russell 1000 Growth | Add +0.9% | 2.56% | +0.20 |
| MTBA Simplify MBS ETF | Add +76.4% | 0.48% | +0.18 |
| BRTR iShares Total Return Act ETF | Add +390.6% | 0.22% | +0.17 |
| DFEM Dimensional Emrg MRKT Core | New | 0.16% | +0.16 |
| PHYL Pgim Active High Yield Bond | Add +95.8% | 0.33% | +0.15 |
| PYLD PIMCO Multisector Bond Actv | Add +28.8% | 0.95% | +0.15 |
| NHYM Nuveen HY Municipal Bond ETF | New | 0.15% | +0.15 |
| TT Trane Technologies PLC | Add +0.2% | 0.90% | +0.14 |
| DIVB iShares Core Dividend ETF | Add +30.2% | 0.68% | +0.13 |
| PAAA Pgim Aaa Clo ETF | New | 0.11% | +0.11 |
| FSMD Fidelity Small-Mid Multifact | New | 0.11% | +0.11 |
| IWB iShares Russell 1000 ETF | Add +10.9% | 0.97% | +0.11 |
| XBI SS SPDR S&P Biotech ETF | Add +172.7% | 0.15% | +0.09 |
| IUS Invesco Rafi Strategic US Et | Add +71.8% | 0.22% | +0.09 |
| IWL iShares Russell Top 200 ETF | New | 0.08% | +0.08 |
| XMMO Invesco S&P Midcap Momentum | Add +116.7% | 0.14% | +0.08 |
| ETN Eaton Corp. PLC | Add +25.1% | 0.23% | +0.08 |
| IEF iShares 7-10 Year Treasury B | New | 0.08% | +0.08 |
| COF Capital One Financial Corp. | New | 0.07% | +0.07 |
| NUW Nuveen Amt-Free Muni Val | Add +184.4% | 0.12% | +0.07 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +4.6% | 0.56% | +0.07 |
| AMZN Amazon.com Inc. | Add +1.1% | 1.03% | +0.06 |
| PKW Invesco Buyback Achievers Et | Add +16.4% | 0.42% | +0.06 |
| QUAL iShares MSCI USA Quality Fac | Add +9.5% | 0.84% | +0.06 |
| SNOW Snowflake Inc. | Add +18.2% | 0.14% | +0.06 |
| IQV Iqvia Holdings Inc. | New | 0.05% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 0.66% | +0.05 |
| NAN Nuveen NY QLTY Muni Inc. | Add +67.8% | 0.13% | +0.05 |
| AVDS Avantis Intl SM Cap Eq ETF | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +0.4% | 0.14% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +13.4% | 0.25% | +0.04 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +22.1% | 0.32% | +0.04 |
| VIOG Vanguard S&P SM Cap 600 GRW | New | 0.04% | +0.04 |
| PSX Phillips 66 | New | 0.04% | +0.04 |
| DFAI Dimensional International Co. | Add +24.9% | 0.21% | +0.04 |
| IVW iShares S&P 500 Growth ETF | Add +1.2% | 0.48% | +0.04 |
| PWR Quanta Services Inc. | New | 0.04% | +0.04 |
| BAC Bank of America Corp. | Add +10.9% | 0.32% | +0.04 |
| EXE Expand Energy Corp. | New | 0.04% | +0.04 |
| MUNI PIMCO Intermediate Municipal | Add +41.3% | 0.18% | +0.04 |
| MU Micron Technology Inc. | New | 0.04% | +0.04 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +29.0% | 0.18% | +0.04 |
| ANGL Vaneck Fallen Angel High YLD | Add +25.5% | 0.27% | +0.04 |
| MRVL Marvell Technology Inc. | Add +15.7% | 0.15% | +0.04 |
| IQDG Wisdomtree Intl QLTY DVD GRW | New | 0.04% | +0.04 |
| MLM Martin Marietta Materials | New | 0.04% | +0.04 |
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 |