Bulwark Capital Corp

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Bulwark Capital Corp reported 101 stock positions worth $128.6 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 12.4% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 7.9%) and Vanguard Mortgage-Backed Sec (VMBS, 7.7%). Compared with Q2 2025, it opened 6 new positions, added to 26 and reduced 25. The biggest buy was Bondbloxx BBG 6 MTH US Treas (XHLF, shares +351%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −76%).

Most Recent 13F
Q2 2026
Location
FERNANDINA BEACH, FL
CIK
0002075899
Portfolio Value
$128.6M (Q3 2025)
SEC Filing
0002075899-25-000002 ↗ filed Oct 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q2 2025: $118.7M Q2 2025 Q3 2025: $128.6M $128.6M Q3 2025 Q4 2025: $140.6M Q4 2025 Q1 2026: $162.2M Q1 2026 Q2 2026: $177.7M Q2 2026

Holdings 101 stocks · $128.6M
VTI VG Morningstar TS MKT ETF-US 12.38% 48,481 $15.9M Add +1.2%
IVV iShares Core S&P 500 ETF 7.94% 15,256 $10.2M Add +0.7%
VMBS Vanguard Mortgage-Backed Sec 7.69% 210,389 $9.9M Add +7.0%
VTIP Vanguard Short-Term Tips 5.45% 138,366 $7.0M Add +4.0%
JPLD JPMorgan Ltd. Duration ETF 5.07% 124,279 $6.5M Add +3.4%
UYLD Angel Oak Ultrashort Income 4.43% 111,267 $5.7M Add +34.3%
VGT Vanguard Info Tech ETF 4.37% 7,530 $5.6M No change
SCHP Schwab U.S. Tips ETF 4.33% 206,352 $5.6M Add +7.4%
XHLF Bondbloxx BBG 6 MTH US Treas 3.60% 91,743 $4.6M Add +351.1%
JAAA Janus Henderson Aaa Clo ETF 3.50% 88,653 $4.5M Add +10.4%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 3.20% 97,815 $4.1M Add +3.3%
PULS Pgim Ultra Short Bond ETF 2.67% 68,899 $3.4M Add +35.8%
IUSG iShares Core S&P U.S. Growth 2.57% 20,101 $3.3M Reduce -0.3%
XLG Invesco S&P 500 Top 50 ETF 2.18% 48,736 $2.8M No change
VIG Vanguard Dividend Apprec ETF 2.12% 12,618 $2.7M Reduce -0.1%
FLOT iShares Floating Rate Bond E 2.03% 51,151 $2.6M Reduce -24.1%
SCHO Schwab Short-Term US Treas 1.87% 98,294 $2.4M Reduce -22.3%
FNDX Schwab Fndmntl US LRG Co. ETF 1.73% 84,467 $2.2M Reduce -21.4%
TBLL Invesco Short Term Treasury 1.73% 21,023 $2.2M Reduce -27.4%
SGOV iShares 0-3 Month Treasury B 1.66% 21,207 $2.1M Reduce -11.9%
CGCV Cap Group Conservative Eq filed as CAPITAL GROUP CONSERVATIVE E 1.63% 69,639 $2.1M Add +24.5%
QQQ Invesco QQQ Trust Series 1 1.63% 3,483 $2.1M Reduce -3.9%
JMBS Janus Henderson Mortg Backed 1.34% 37,684 $1.7M Reduce -2.2%
CLOA iShares Aaa Clo Act ETF-Usdi 0.95% 23,591 $1.2M Add +133.9%
DGRW Wisdomtree U.S. Quality Divi 0.93% 13,396 $1.2M Reduce -18.6%
JSI JH Securitized Income ETF 0.91% 22,310 $1.2M Add +15.0%
VCR Vanguard Consumer Discre ETF 0.85% 2,769 $1.1M No change
SCHG Schwab US Large-Cap Growth 0.82% 33,108 $1.1M Add +10.7%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.74% 32,250 $955K Add +17.3%
IEFA iShares Core MSCI Eafe ETF 0.64% 9,467 $827K Add +4.4%
VYM Vanguard High DVD Yield ETF 0.61% 5,573 $786K No change
XLF SS Financial Select Sector 0.57% 13,680 $737K No change
IHAK iShares Cybersecurity & Tech 0.55% 13,457 $704K Add +12.4%
VCSH Vanguard S/T Corp. Bond ETF 0.52% 8,322 $665K Reduce -51.8%
SPSB SS SPDR P St C Corp. ETF 0.51% 21,525 $652K Reduce -44.4%
AAPL Apple Inc. 0.47% 2,363 $602K Reduce -3.3%
VHT Vanguard Health Care ETF 0.44% 2,169 $563K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.40% 12,043 $517K Reduce -8.0%
VOO Vanguard S&P 500 ETF 0.38% 806 $494K No change
XLI SS Industrial Select Sector 0.34% 2,815 $434K No change
SCHD Schwab US DVD Equity ETF 0.30% 14,046 $383K Reduce -75.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.29% 565 $376K No change
VUSB Vanguard Ultra Short Bond Et 0.25% 6,425 $321K Reduce -9.1%
SPIB SS SPDR P Int C Corp. ETF 0.23% 8,783 $298K Reduce -3.4%
IAK iShares U.S. Insurance ETF 0.22% 2,097 $281K Add +77.0%
EMXC iShares MSCI Emr MRK Ex Chna 0.21% 4,074 $275K Add +597.6%
ENFR Alerian Energy Infrastructur 0.20% 7,856 $255K New
SCHR Schwab Intermediate-Term US 0.19% 9,546 $240K Reduce -6.6%
IDHQ Invesco S&P International DE 0.18% 6,908 $232K Reduce -1.0%
XLP SS Consumer Staples Sel Sect 0.15% 2,471 $194K No change
VEA Vanguard Ftse Developed ETF 0.14% 3,064 $184K Add +20.6%
XLE SS Energy Select Sector 0.14% 2,002 $179K Reduce -5.3%
FRDM Freedom 100 Emeging MRKT ETF 0.14% 4,036 $179K New
ITA iShares U.S. Aerospace & Def 0.12% 750 $157K Reduce -9.9%
CEF Sprott Physical Gold and Sil 0.12% 4,100 $150K No change
XLK SS Technology Select Sector 0.11% 485 $137K No change
GLDM SPDR Gold Minishares Trust 0.10% 1,714 $131K Add +155.4%
IVW iShares S&P 500 Growth ETF 0.10% 1,044 $126K No change
SCHX Schwab US Large-Cap ETF 0.10% 4,771 $126K Add +33.6%
ICSH iShares Ultra Short Duration 0.09% 2,306 $117K Reduce -11.5%
PCMM BBLX Private Credit Clo ETF 0.09% 2,287 $116K New
SCHM Schwab US Mid Cap ETF 0.06% 2,699 $80K Add +31.1%
XLRE SS Real Estate Select Sector 0.06% 1,869 $79K New
FFSM Fidelity FNDM SM Mid Cap ETF 0.06% 2,535 $74K No change
DGRO iShares Core Dividend Growth 0.05% 948 $65K No change
IVT Inventrust Properties Corp. 0.05% 2,088 $60K No change
MO Altria Group Inc. 0.04% 846 $56K No change
JIRE JPMorgan Int Res Enh Eqty 0.04% 720 $53K No change
PM Philip Morris International 0.04% 317 $51K No change
IQDG Wisdomtree Intl QLTY DVD GRW 0.04% 1,233 $49K No change
WPM Wheaton Precious Metals Corp. 0.03% 300 $34K No change
MSFT Microsoft Corp. 0.03% 64 $33K No change
VWO Vanguard Ftse Emerging Marke 0.03% 600 $33K No change
IJR iShares Core S&P Small-Cap E 0.03% 272 $32K No change
XLV SS Health Care Select Sector 0.02% 220 $31K No change
VZ Verizon Communications Inc. 0.02% 589 $26K No change
COST Costco Wholesale Corp. 0.02% 25 $23K No change
PSLV Sprott Physical Silver Trust 0.02% 1,450 $23K No change
QQQM Invesco Nasdaq 100 ETF 0.02% 90 $22K Add +9.8%
AMZN Amazon.com Inc. 0.02% 100 $22K No change
GE General Electric filed as GE AEROSPACE 0.01% 63 $19K No change
IBIT iShares Bitcoin Trust ETF 0.01% 242 $16K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 15 $15K New
GOOGL Alphabet Inc. Class A 0.01% 59 $14K Reduce -41.0%
SMH Vaneck Semiconductor ETF 0.01% 43 $14K No change
SHV iShares 0-1 Year Treasury Bo 0.01% 119 $13K No change
SLV iShares Silver Trust 0.01% 258 $11K Add +25700.0%
TSM Taiwan Semiconductor-SP ADR 0.01% 35 $10K No change
XSD SS SPDR S&P Semiconductor 0.01% 30 $10K Reduce -81.4%
GEV GE Vernova Inc. 0.01% 15 $9K No change
NVDA Nvidia Corp. 0.01% 40 $7K No change
CAVA Cava Group Inc. 0.00% 100 $6K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 12 $6K Reduce -90.3%
NVAX Novavax Inc. 0.00% 610 $5K No change
CVX Chevron Corp. 0.00% 25 $4K No change
XLC SS Comm Select Sector SPDR 0.00% 30 $4K No change
VOX Vanguard Communication Servi 0.00% 17 $3K No change
CRM Salesforce Inc. 0.00% 10 $2K New
SPHD Invesco S&P 500 High Dividen 0.00% 32 $2K No change
GEHC GE Healthcare Technology 0.00% 21 $2K No change

Show all 101 holdings

Portfolio Sells Q2 2025 → Q3 2025
SCHD Schwab US DVD Equity ETF Reduce -75.9% 0.30% −1.00
FLOT iShares Floating Rate Bond E Reduce -24.1% 2.03% −0.86
TBLL Invesco Short Term Treasury Reduce -27.4% 1.73% −0.85
SCHO Schwab Short-Term US Treas Reduce -22.3% 1.87% −0.73
VCSH Vanguard S/T Corp. Bond ETF Reduce -51.8% 0.52% −0.64
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -21.4% 1.73% −0.49
SPSB SS SPDR P St C Corp. ETF Reduce -44.4% 0.51% −0.48
SGOV iShares 0-3 Month Treasury B Reduce -11.9% 1.66% −0.38
DGRW Wisdomtree U.S. Quality Divi Reduce -18.6% 0.93% −0.23
JMBS Janus Henderson Mortg Backed Reduce -2.2% 1.34% −0.12
VIG Vanguard Dividend Apprec ETF Reduce -0.1% 2.12% −0.06
QQQ Invesco QQQ Trust Series 1 Reduce -3.9% 1.63% −0.06
VUSB Vanguard Ultra Short Bond Et Reduce -9.1% 0.25% −0.05
VUG Vanguard Mrngstar GR ETF-Sui Reduce -90.3% 0.00% −0.04
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -8.0% 0.40% −0.04
SCHR Schwab Intermediate-Term US Reduce -6.6% 0.19% −0.03
XSD SS SPDR S&P Semiconductor Reduce -81.4% 0.01% −0.03
SPIB SS SPDR P Int C Corp. ETF Reduce -3.4% 0.23% −0.03
ICSH iShares Ultra Short Duration Reduce -11.5% 0.09% −0.02
IDHQ Invesco S&P International DE Reduce -1.0% 0.18% −0.01
XLE SS Energy Select Sector Reduce -5.3% 0.14% −0.01
ITA iShares U.S. Aerospace & Def Reduce -9.9% 0.12% −0.01
GOOGL Alphabet Inc. Class A Reduce -41.0% 0.01% −0.00
IUSG iShares Core S&P U.S. Growth Reduce -0.3% 2.57% +0.02
AAPL Apple Inc. Reduce -3.3% 0.47% +0.05

Portfolio Buys Q2 2025 → Q3 2025
XHLF Bondbloxx BBG 6 MTH US Treas Add +351.1% 3.60% +2.74
UYLD Angel Oak Ultrashort Income Add +34.3% 4.43% +0.86
PULS Pgim Ultra Short Bond ETF Add +35.8% 2.67% +0.54
CLOA iShares Aaa Clo Act ETF-Usdi Add +133.9% 0.95% +0.51
CGCV Cap Group Conservative Eq Add +24.5% 1.63% +0.28
ENFR Alerian Energy Infrastructur New 0.20% +0.20
EMXC iShares MSCI Emr MRK Ex Chna Add +597.6% 0.21% +0.18
FRDM Freedom 100 Emeging MRKT ETF New 0.14% +0.14
CGXU Cap Group Intl Focus Add +17.3% 0.74% +0.12
VTI VG Morningstar TS MKT ETF-US Add +1.2% 12.38% +0.11
PCMM BBLX Private Credit Clo ETF New 0.09% +0.09
SCHG Schwab US Large-Cap Growth Add +10.7% 0.82% +0.09
IAK iShares U.S. Insurance ETF Add +77.0% 0.22% +0.08
JAAA Janus Henderson Aaa Clo ETF Add +10.4% 3.50% +0.07
GLDM SPDR Gold Minishares Trust Add +155.4% 0.10% +0.06
XLRE SS Real Estate Select Sector New 0.06% +0.06
CGDV Cap Group Dividend Value Add +3.3% 3.20% +0.05
JSI JH Securitized Income ETF Add +15.0% 0.91% +0.05
SCHX Schwab US Large-Cap ETF Add +33.6% 0.10% +0.02
IVV iShares Core S&P 500 ETF Add +0.7% 7.94% +0.02
VEA Vanguard Ftse Developed ETF Add +20.6% 0.14% +0.02
SCHM Schwab US Mid Cap ETF Add +31.1% 0.06% +0.01
VMBS Vanguard Mortgage-Backed Sec Add +7.0% 7.69% +0.01
ASML ASML Holding NV-NY Reg SHS New 0.01% +0.01
IHAK iShares Cybersecurity & Tech Add +12.4% 0.55% +0.01
SCHP Schwab U.S. Tips ETF Add +7.4% 4.33% +0.01
SLV iShares Silver Trust Add +25700.0% 0.01% +0.01
IEFA iShares Core MSCI Eafe ETF Add +4.4% 0.64% +0.01
CRM Salesforce Inc. New 0.00% +0.00
QQQM Invesco Nasdaq 100 ETF Add +9.8% 0.02% +0.00
VTIP Vanguard Short-Term Tips Add +4.0% 5.45% −0.18
JPLD JPMorgan Ltd. Duration ETF Add +3.4% 5.07% −0.22

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 105$177.7MPULS, VTI, IVV, JPLD, SCHR
Q1 2026 100$162.2MVTI, PULS, JPLD, IVV, SCHR
Q4 2025 96$140.6MVTI, IVV, VMBS, VTIP, PULS
Q3 2025 101$128.6MVTI, IVV, VMBS, VTIP, JPLD
Q2 2025 95$118.7MVTI, IVV, VMBS, VTIP, JPLD