Capital Market Strategies LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 5, 2024), Capital Market Strategies LLC reported 144 stock positions worth $130.5 million. Its top holding was Nvidia (NVDA) at 11.4% of the portfolio, followed by Apple (AAPL, 8.5%) and Microsoft (MSFT, 4.8%). Compared with Q4 2023, it opened 8 new positions, sold out of 11, added to 46 and reduced 62. The biggest buy was iShares Floating Rate Bond E (FLOT, shares +868%) and the biggest sale Apple (AAPL, shares −6%).

Most Recent 13F
Q2 2025
Location
PALM BEACH GARDENS, FL
CIK
0001810158
Portfolio Value
$130.5M (Q1 2024)
SEC Filing
0001810158-24-000002 ↗ filed Apr 5, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $130.5M $130.5M Q1 2024 Q2 2024: $157.6M Q2 2024 Q3 2024: $165.1M Q3 2024 Q4 2024: $172.9M Q4 2024 Q1 2025: $148.9M Q1 2025 Q2 2025: $143.1M Q2 2025

Holdings 144 stocks · $130.5M
NVDA Nvidia Corp. 11.41% 16,476 $14.9M Reduce -3.8%
AAPL Apple Inc. 8.55% 65,038 $11.2M Reduce -6.2%
MSFT Microsoft Corp. 4.81% 14,917 $6.3M Reduce -1.6%
FRBA First Bank/Hamilton NJ 3.49% 331,800 $4.6M Add +0.1%
FLOT iShares Floating Rate Bond E 3.49% 89,241 $4.6M Add +867.9%
PRF Invesco Rafi US 1000 ETF 2.84% 96,508 $3.7M Reduce -2.2%
RSPT Invesco S&P 500 Equal Weight 2.41% 89,444 $3.1M Add +4.4%
ITOT iShares Core S&P Total U.S. 2.33% 26,348 $3.0M Reduce -0.8%
LLY Eli Lilly & Co. 2.04% 3,424 $2.7M Reduce -0.8%
HD Home Depot Inc. 1.80% 6,130 $2.4M Reduce -0.8%
VSLU Applied Finance Valuat ETF 1.62% 64,917 $2.1M Add +109.5%
QQQ Invesco QQQ Trust Series 1 1.49% 4,384 $1.9M Add +1.3%
ABBV Abbvie Inc. 1.45% 10,376 $1.9M Reduce -4.8%
COST Costco Wholesale Corp. 1.39% 2,482 $1.8M Add +10.5%
SCHD Schwab US DVD Equity ETF 1.25% 20,237 $1.6M Reduce -4.3%
GOOGL Alphabet Inc. Class A 1.23% 10,669 $1.6M Add +0.5%
USMV iShares MSCI USA Min Vol Fac 1.16% 18,116 $1.5M Reduce -2.3%
SOXX iShares Semiconductor ETF 1.11% 6,403 $1.4M Add +0.5%
AMZN Amazon.com Inc. 1.11% 8,001 $1.4M Add +10.7%
BRK.B Berkshire Hathaway Inc. Class B 1.06% 3,285 $1.4M No change
GSBD Goldman Sachs BDC Inc. 1.04% 90,340 $1.4M Add +33.4%
CSM Proshares Large Cap Core Plu 0.97% 20,886 $1.3M Reduce -7.6%
NVO Novo-Nordisk A/S-Spons ADR 0.97% 9,843 $1.3M Add +7.4%
TSM Taiwan Semiconductor-SP ADR 0.91% 8,705 $1.2M Add +89.1%
UNH Unitedhealth Group Inc. 0.90% 2,385 $1.2M Reduce -4.3%
JNJ Johnson & Johnson 0.90% 7,440 $1.2M Reduce -1.4%
GOOG Alphabet Inc. Class C 0.85% 7,275 $1.1M Add +4.6%
PLTR Palantir Technologies Inc. Class A 0.83% 47,174 $1.1M Add +8.7%
XLE SS Energy Select Sector 0.79% 10,907 $1.0M Reduce -2.7%
NEE Nextera Energy Inc. 0.78% 15,983 $1.0M Reduce -6.1%
XOM Exxon Mobil Corp. 0.75% 8,463 $984K Reduce -4.4%
AVGO Broadcom Inc. 0.75% 739 $979K No change
JEPI JPMorgan Equity Premium Inco 0.70% 15,884 $919K Add +10.8%
RSP Invesco S&P 500 Equal Weight 0.65% 5,023 $851K Add +13.7%
LMT Lockheed Martin Corp. 0.65% 1,851 $842K Reduce -1.9%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.64% 9,372 $836K Reduce -7.7%
CCJ Cameco Corp. 0.59% 17,854 $773K Add +4.7%
IVV iShares Core S&P 500 ETF 0.58% 1,446 $760K Reduce -7.4%
BKNG Booking Holdings Inc. 0.58% 209 $758K Add +12.4%
NOW ServiceNow Inc. 0.58% 994 $758K Reduce -2.1%
VIG Vanguard Dividend Apprec ETF 0.58% 4,147 $757K Add +0.2%
TXT Textron Inc. 0.58% 7,843 $752K Add +24.4%
TMO Thermo Fisher Scientific Inc. 0.56% 1,250 $727K No change
ABT Abbott Laboratories 0.55% 6,370 $724K Add +0.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.53% 3,596 $687K No change
DGRO iShares Core Dividend Growth 0.52% 11,727 $681K Reduce -10.1%
LOW Lowe's Cos Inc. 0.52% 2,669 $680K Reduce -0.3%
QYLD Global X Nasd 100 Cov Call 0.49% 35,696 $639K Add +0.0%
UNP Union Pacific Corp. 0.47% 2,512 $618K Add +0.3%
LMBS First Trust Low Duration Opp 0.46% 12,395 $598K Reduce -35.5%
MRK Merck & Co. Inc. 0.44% 4,395 $580K Add +0.1%
CVX Chevron Corp. 0.44% 3,611 $570K Reduce -1.3%
PG The Procter & Gamble Co. 0.43% 3,449 $560K Reduce -5.7%
KLAC KLA Corp. 0.43% 795 $555K Reduce -4.0%
PEP Pepsico Inc. 0.42% 3,126 $547K Reduce -0.9%
FTNT Fortinet Inc. 0.41% 7,822 $534K Add +17.2%
AMD Advanced Micro Devices 0.40% 2,874 $519K Reduce -2.7%
FANG Diamondback Energy Inc. 0.39% 2,590 $513K Reduce -3.7%
UTF Cohen & Steers Infrastructur 0.39% 21,625 $510K Reduce -6.7%
VRTX Vertex Pharmaceuticals Inc. 0.37% 1,157 $484K Add +21.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.37% 3,300 $480K No change
MA Mastercard Inc. Class A 0.37% 995 $479K No change
GSLC Goldman Activebeta US LC ETF 0.37% 4,599 $477K Reduce -3.3%
ISRG Intuitive Surgical Inc. 0.36% 1,190 $475K Add +0.4%
ISTB iShares Core 1-5 Year Usd Bo 0.36% 10,007 $475K Reduce -6.0%
ADX Adams Diversified Equity 0.35% 23,481 $458K Add +0.3%
AXON Axon Enterprise Inc. 0.35% 1,456 $456K Add +15.9%
ARKK ARK Innovation ETF 0.35% 9,032 $452K Reduce -3.5%
META Meta Platforms Inc. Class A 0.34% 920 $447K New
EMR Emerson Electric Co. 0.34% 3,918 $444K No change
GOF Guggenheim Strategic Opport 0.33% 30,270 $433K Reduce -11.6%
IWM iShares Russell 2000 ETF 0.32% 1,996 $420K Add +39.3%
NULG Nuveen ESG LRG-Cap GRW ETF 0.31% 5,341 $407K Add +0.0%
GD General Dynamics Corp. 0.31% 1,414 $399K No change
DVY iShares Select Dividend ETF 0.30% 3,209 $395K Reduce -3.0%
CDNS Cadence Design SYS Inc. 0.30% 1,261 $393K Add +3.5%
IGM iShares Expanded Tech Sector 0.30% 4,530 $390K No change
FTSM First Trust Enh Short Mat FD 0.30% 6,507 $388K Reduce -28.4%
SMMU PIMCO SHRT TRM Muni BND ETF 0.29% 7,560 $377K Reduce -14.4%
ORCL Oracle Corp. 0.28% 2,881 $362K Add +1.1%
STK Columbia Slgmn Prem Tech GR 0.27% 11,092 $354K No change
MINT PIMCO Enhanced Short Maturit 0.27% 3,504 $352K No change
ET Energy Transfer LP 0.27% 22,333 $351K Add +6.7%
PSX Phillips 66 0.26% 2,109 $344K Reduce -4.0%
NOBL Proshares S&P 500 Dividend A 0.26% 3,392 $344K Add +0.5%
RTX RTX Corp. 0.26% 3,526 $344K Reduce -7.8%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.26% 8,510 $334K Reduce -3.0%
DIVO Amplify CWP Enhan Divid ETF 0.25% 8,551 $332K Add +13.3%
TXN Texas Instruments Inc. 0.25% 1,893 $330K Add +0.2%
PKW Invesco Buyback Achievers Et 0.25% 2,996 $324K Reduce -0.7%
ORLY O'reilly Automotive Inc. 0.24% 282 $318K Add +5.6%
IYW iShares Ustechnology ETF 0.24% 2,324 $314K Add +2.6%
NBH Neuberger Municipal Fund Inc. 0.24% 29,848 $313K No change
IBB iShares Biotechnology ETF 0.24% 2,277 $312K Reduce -4.7%
JPM JPMorgan Chase & Co. 0.24% 1,557 $312K Add +4.1%
QCOM Qualcomm Inc. 0.24% 1,839 $311K Reduce -6.1%
CP Canadian Pacific Kansas City 0.24% 3,500 $309K No change
AIF Apollo Tactical Income Fund 0.24% 21,547 $308K Reduce -6.5%
DGRW Wisdomtree U.S. Quality Divi 0.23% 4,021 $306K Add +16.0%
FMN Federated Herm Prem Muni Inc. 0.23% 27,061 $300K Reduce -3.5%
ZTS Zoetis Inc. 0.23% 1,745 $295K Reduce -0.4%
AAAU Goldman Sachs Physical Gold 0.22% 13,327 $293K New
IJT iShares S&P Small-Cap 600 GR 0.22% 2,229 $291K Add +33.3%
ADBE Adobe Inc. 0.22% 576 $291K No change
MUNI PIMCO Intermediate Municipal 0.22% 5,499 $289K No change
XSD SS SPDR S&P Semiconductor 0.21% 1,205 $280K Add +4.3%
CWB SS SPDR BB Conv Sec ETF 0.21% 3,800 $278K Reduce -12.6%
CSL Carlisle Cos Inc. 0.21% 700 $274K No change
DHR Danaher Corp. 0.21% 1,085 $271K No change
MNST Monster Beverage Corp. 0.21% 4,567 $271K Reduce -0.4%
ANET Arista Networks Inc. 0.20% 917 $266K New
ARKG ARK Genomic Revolution ETF 0.20% 9,244 $266K Reduce -4.2%
NXPI NXP Semiconductors NV 0.20% 1,039 $257K Reduce -4.6%
LIN Linde PLC 0.20% 548 $254K Reduce -8.4%
AXP American Express Co. 0.19% 1,111 $253K Add +0.7%
FMB First Trust Managed Municipa 0.19% 4,895 $251K No change
SPGI S&P Global Inc. 0.19% 575 $245K No change
PBE Invesco Biotechnology & Geno 0.19% 3,777 $244K No change
PEG Public Service Enterprise GP 0.19% 3,643 $243K No change
PFE Pfizer Inc. 0.19% 8,755 $243K Reduce -28.3%
WMT Walmart Inc. 0.19% 4,017 $242K No change
VYM Vanguard High DVD Yield ETF 0.18% 1,953 $236K Add +0.4%
GLD SPDR Gold Shares 0.18% 1,125 $232K Reduce -9.8%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.18% 4,257 $231K New
PYPL PayPal Holdings Inc. 0.18% 3,446 $231K Reduce -14.5%
AZN Astrazeneca PLC-Spons ADR 0.17% 3,360 $228K Reduce -2.1%
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.17% 38,659 $227K No change
BHP BHP Group Ltd.-Spon ADR 0.17% 3,850 $222K No change
ROP Roper Technologies Inc. 0.17% 391 $219K Reduce -15.2%
ABR Arbor Realty Trust Inc. 0.17% 16,477 $218K Reduce -22.8%
CVS CVS Health Corp. 0.17% 2,702 $216K No change
VLU SS SPDR S&P 1500 Value Tilt 0.16% 1,214 $213K New
ACN Accenture PLC Class A 0.16% 606 $210K New
V Visa Inc. Class A 0.16% 752 $210K New
ROST Ross Stores Inc. 0.16% 1,398 $205K Reduce -34.9%
XEVGX Eaton Vance Short Dur Div Inc. 0.15% 18,595 $196K No change
CGO Calamos Global Total Return 0.15% 18,206 $189K Reduce -3.0%
KRANESHARES TRUST 0.14% 12,706 $185K Add +0.5%
XETYX Eaton Vance Tax-MGD Div Eqty 0.12% 11,274 $151K Reduce -16.7%
LEO BNY Mellon Strategic Muni 0.12% 24,621 $150K Reduce -9.2%
GNL Global Net Lease Inc. 0.08% 13,694 $106K Reduce -1.8%
GGN Gamco GLBL Gold NTRL Res Inc. 0.07% 23,875 $92K No change
FFWM First Foundation Inc. 0.07% 12,110 $91K No change
DHY UBS Asset Management High Yi filed as CREDIT SUISSE HIGH YIELD BD 0.02% 12,308 $25K New
Other holdings (3): bonds, preferreds, convertibles and warrants · $810K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 635$758KReduce -1.6%
STANDARD BIOTOOLS INC (LAB 2.75 02/01/34) NOTE 2.750% 2/0 · principal 42,000$42KNew
REDWOOD TRUST INC (RWT 5.625 07/15/24) NOTE 5.625% 7/1 · principal 10,000$10KNew

Total filed on the 13F, all lines: $131.3M.

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -6.2% 8.55% −3.18
BA The Boeing Co. Sold out 0.00% −0.36
LMBS First Trust Low Duration Opp Reduce -35.5% 0.46% −0.36
CF CF Industries Holdings Inc. Sold out 0.00% −0.28
VNLA Janus Henderson Short Durati Sold out 0.00% −0.27
TSLA Tesla Inc. Sold out 0.00% −0.25
UNH Unitedhealth Group Inc. Reduce -4.3% 0.90% −0.25
GOLDMAN SACHS PHYSICAL GOLD Sold out 0.00% −0.23
PRF Invesco Rafi US 1000 ETF Reduce -2.2% 2.84% −0.21
MSFT Microsoft Corp. Reduce -1.6% 4.81% −0.20
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.19
CSCO Cisco Systems Inc. Sold out 0.00% −0.18
XIFR XPLR Infrastructure LP Sold out 0.00% −0.18
FTSM First Trust Enh Short Mat FD Reduce -28.4% 0.30% −0.18
TDY Teledyne Technologies Inc. Sold out 0.00% −0.18
SCHD Schwab US DVD Equity ETF Reduce -4.3% 1.25% −0.16
JNJ Johnson & Johnson Reduce -1.4% 0.90% −0.14
ITOT iShares Core S&P Total U.S. Reduce -0.8% 2.33% −0.13
NEE Nextera Energy Inc. Reduce -6.1% 0.78% −0.13
PFE Pfizer Inc. Reduce -28.3% 0.19% −0.12
ABR Arbor Realty Trust Inc. Reduce -22.8% 0.17% −0.12
CSM Proshares Large Cap Core Plu Reduce -7.6% 0.97% −0.12
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Reduce -7.7% 0.64% −0.11
USMV iShares MSCI USA Min Vol Fac Reduce -2.3% 1.16% −0.11
LMT Lockheed Martin Corp. Reduce -1.9% 0.65% −0.11
ROST Ross Stores Inc. Reduce -34.9% 0.16% −0.10
SMMU PIMCO SHRT TRM Muni BND ETF Reduce -14.4% 0.29% −0.10
DGRO iShares Core Dividend Growth Reduce -10.1% 0.52% −0.09
ARKK ARK Innovation ETF Reduce -3.5% 0.35% −0.08
ISTB iShares Core 1-5 Year Usd Bo Reduce -6.0% 0.36% −0.08
HD Home Depot Inc. Reduce -0.8% 1.80% −0.08
ZTS Zoetis Inc. Reduce -0.4% 0.23% −0.08
ARKG ARK Genomic Revolution ETF Reduce -4.2% 0.20% −0.07
IVV iShares Core S&P 500 ETF Reduce -7.4% 0.58% −0.07
CWB SS SPDR BB Conv Sec ETF Reduce -12.6% 0.21% −0.06
GOF Guggenheim Strategic Opport Reduce -11.6% 0.33% −0.05
ROP Roper Technologies Inc. Reduce -15.2% 0.17% −0.05
PEP Pepsico Inc. Reduce -0.9% 0.42% −0.05
NOW ServiceNow Inc. Reduce -2.1% 0.58% −0.05
AIF Apollo Tactical Income Fund Reduce -6.5% 0.24% −0.05
IBB iShares Biotechnology ETF Reduce -4.7% 0.24% −0.05
CVX Chevron Corp. Reduce -1.3% 0.44% −0.04
PG The Procter & Gamble Co. Reduce -5.7% 0.43% −0.04
UTF Cohen & Steers Infrastructur Reduce -6.7% 0.39% −0.04
FMN Federated Herm Prem Muni Inc. Reduce -3.5% 0.23% −0.04
PYPL PayPal Holdings Inc. Reduce -14.5% 0.18% −0.04
GNL Global Net Lease Inc. Reduce -1.8% 0.08% −0.04
DVY iShares Select Dividend ETF Reduce -3.0% 0.30% −0.04
STANDARD BIOTOOLS INC (LAB 2.75 02/01/34) Sold out 0.00% −0.04
ABBV Abbvie Inc. Reduce -4.8% 1.45% −0.04

Portfolio Buys Q4 2023 → Q1 2024
FLOT iShares Floating Rate Bond E Add +867.9% 3.49% +3.08
VSLU Applied Finance Valuat ETF Add +109.5% 1.62% +0.81
TSM Taiwan Semiconductor-SP ADR Add +89.1% 0.91% +0.49
META Meta Platforms Inc. Class A New 0.34% +0.34
AAAU Goldman Sachs Physical Gold New 0.22% +0.22
ANET Arista Networks Inc. New 0.20% +0.20
PLTR Palantir Technologies Inc. Class A Add +8.7% 0.83% +0.18
JEPQ JPM Nasdaq Equity Premium New 0.18% +0.18
GSBD Goldman Sachs BDC Inc. Add +33.4% 1.04% +0.17
VLU SS SPDR S&P 1500 Value Tilt New 0.16% +0.16
ACN Accenture PLC Class A New 0.16% +0.16
V Visa Inc. Class A New 0.16% +0.16
AMZN Amazon.com Inc. Add +10.7% 1.11% +0.14
NVO Novo-Nordisk A/S-Spons ADR Add +7.4% 0.97% +0.14
TXT Textron Inc. Add +24.4% 0.58% +0.13
COST Costco Wholesale Corp. Add +10.5% 1.39% +0.09
IWM iShares Russell 2000 ETF Add +39.3% 0.32% +0.07
FTNT Fortinet Inc. Add +17.2% 0.41% +0.07
AXON Axon Enterprise Inc. Add +15.9% 0.35% +0.06
RSP Invesco S&P 500 Equal Weight Add +13.7% 0.65% +0.04
IJT iShares S&P Small-Cap 600 GR Add +33.3% 0.22% +0.04
SOXX iShares Semiconductor ETF Add +0.5% 1.11% +0.03
VRTX Vertex Pharmaceuticals Inc. Add +21.8% 0.37% +0.03
MRK Merck & Co. Inc. Add +0.1% 0.44% +0.02
ORLY O'reilly Automotive Inc. Add +5.6% 0.24% +0.02
DGRW Wisdomtree U.S. Quality Divi Add +16.0% 0.23% +0.02
DHY UBS Asset Management High Yi New 0.02% +0.02
ET Energy Transfer LP Add +6.7% 0.27% +0.02
JPM JPMorgan Chase & Co. Add +4.1% 0.24% +0.02
ORCL Oracle Corp. Add +1.1% 0.28% +0.01
ISRG Intuitive Surgical Inc. Add +0.4% 0.36% +0.01
DIVO Amplify CWP Enhan Divid ETF Add +13.3% 0.25% +0.01
AXP American Express Co. Add +0.7% 0.19% +0.01
JEPI JPMorgan Equity Premium Inco Add +10.8% 0.70% +0.01
CDNS Cadence Design SYS Inc. Add +3.5% 0.30% +0.01
BKNG Booking Holdings Inc. Add +12.4% 0.58% +0.00
IYW iShares Ustechnology ETF Add +2.6% 0.24% −0.00
VYM Vanguard High DVD Yield ETF Add +0.4% 0.18% −0.01
GOOG Alphabet Inc. Class C Add +4.6% 0.85% −0.01
ADX Adams Diversified Equity Add +0.3% 0.35% −0.01
NULG Nuveen ESG LRG-Cap GRW ETF Add +0.0% 0.31% −0.01
XSD SS SPDR S&P Semiconductor Add +4.3% 0.21% −0.01
NOBL Proshares S&P 500 Dividend A Add +0.5% 0.26% −0.02
TXN Texas Instruments Inc. Add +0.2% 0.25% −0.03
KRANESHARES TRUST Add +0.5% 0.14% −0.04
VIG Vanguard Dividend Apprec ETF Add +0.2% 0.58% −0.04
RSPT Invesco S&P 500 Equal Weight Add +4.4% 2.41% −0.04
CCJ Cameco Corp. Add +4.7% 0.59% −0.05
QYLD Global X Nasd 100 Cov Call Add +0.0% 0.49% −0.05
ABT Abbott Laboratories Add +0.7% 0.55% −0.06

Notes & Other Activity Q4 2023 → Q1 2024
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -1.6% 635 $758K
STANDARD BIOTOOLS INC (LAB 2.75 02/01/34) NOTE 2.750% 2/0 · principal New 42,000 $42K
REDWOOD TRUST INC (RWT 5.625 07/15/24) NOTE 5.625% 7/1 · principal New 10,000 $10K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 137$143.1MFLOT, MSFT, AAPL, NVDA, FRBA
Q1 2025 141$148.9MFLOT, AAPL, NVDA, MSFT, FRBA
Q4 2024 154$172.9MAAPL, NVDA, FLOT, MSFT, FRBA
Q3 2024 150$165.1MNVDA, AAPL, MSFT, FLOT, FRBA
Q2 2024 149$157.6MNVDA, AAPL, MSFT, FLOT, FRBA
Q1 2024 144$130.5MNVDA, AAPL, MSFT, FRBA, FLOT