Capital Market Strategies LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 1, 2024), Capital Market Strategies LLC reported 149 stock positions worth $157.6 million. Its top holding was Nvidia (NVDA) at 11.9% of the portfolio, followed by Apple (AAPL, 9.1%) and Microsoft (MSFT, 8.8%). Compared with Q1 2024, it opened 10 new positions, sold out of 5, added to 60 and reduced 50. The biggest buy was Microsoft (MSFT, shares +108%) and the biggest sale Invesco Rafi US 1000 ETF (PRF, shares −2%).

Most Recent 13F
Q2 2025
Location
PALM BEACH GARDENS, FL
CIK
0001810158
Portfolio Value
$157.6M (Q2 2024)
SEC Filing
0001810158-24-000003 ↗ filed Jul 1, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $130.5M Q1 2024 Q2 2024: $157.6M $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 149 stocks · $157.6M
NVDA Nvidia Corp. 11.95% 152,392 $18.8M Reduce -7.5%
AAPL Apple Inc. 9.07% 67,895 $14.3M Add +4.4%
MSFT Microsoft Corp. 8.81% 31,074 $13.9M Add +108.3%
FLOT iShares Floating Rate Bond E 6.31% 194,637 $9.9M Add +118.1%
FRBA First Bank/Hamilton NJ 2.81% 347,313 $4.4M Add +4.7%
PRF Invesco Rafi US 1000 ETF 2.29% 94,918 $3.6M Reduce -1.6%
RSPT Invesco S&P 500 Equal Weight 2.17% 93,176 $3.4M Add +4.2%
LLY Eli Lilly & Co. 1.99% 3,469 $3.1M Add +1.3%
ITOT iShares Core S&P Total U.S. 1.98% 26,210 $3.1M Reduce -0.5%
COST Costco Wholesale Corp. 1.65% 3,067 $2.6M Add +23.6%
VSLU Applied Finance Valuat ETF 1.55% 71,591 $2.4M Add +10.3%
QQQ Invesco QQQ Trust Series 1 1.35% 4,443 $2.1M Add +1.4%
HD Home Depot Inc. 1.33% 6,099 $2.1M Reduce -0.5%
GOOGL Alphabet Inc. Class A 1.29% 11,148 $2.0M Add +4.5%
TSM Taiwan Semiconductor-SP ADR 1.20% 10,884 $1.9M Add +25.0%
ABBV Abbvie Inc. 1.16% 10,681 $1.8M Add +2.9%
AMZN Amazon.com Inc. 1.12% 9,150 $1.8M Add +14.4%
GSBD Goldman Sachs BDC Inc. 1.03% 107,701 $1.6M Add +19.2%
SOXX iShares Semiconductor ETF 1.02% 6,544 $1.6M Add +2.2%
SCHD Schwab US DVD Equity ETF 0.97% 19,675 $1.5M Reduce -2.8%
GOOG Alphabet Inc. Class C 0.97% 8,320 $1.5M Add +14.4%
USMV iShares MSCI USA Min Vol Fac 0.96% 18,109 $1.5M Reduce -0.0%
NEE Nextera Energy Inc. 0.89% 19,883 $1.4M Add +24.4%
NVO Novo-Nordisk A/S-Spons ADR 0.88% 9,744 $1.4M Reduce -1.0%
BRK.B Berkshire Hathaway Inc. Class B 0.86% 3,318 $1.3M Add +1.0%
CSM Proshares Large Cap Core Plu 0.82% 20,871 $1.3M Reduce -0.1%
PLTR Palantir Technologies Inc. Class A 0.78% 48,425 $1.2M Add +2.6%
AVGO Broadcom Inc. 0.75% 738 $1.2M Reduce -0.1%
JNJ Johnson & Johnson 0.68% 7,350 $1.1M Reduce -1.2%
XOM Exxon Mobil Corp. 0.68% 9,315 $1.1M Add +10.1%
UNH Unitedhealth Group Inc. 0.64% 1,991 $1.0M Reduce -16.5%
XLE SS Energy Select Sector 0.61% 10,624 $968K Reduce -2.6%
JEPI JPMorgan Equity Premium Inco 0.57% 15,871 $900K Reduce -0.1%
CCJ Cameco Corp. 0.56% 18,032 $887K Add +1.0%
LMT Lockheed Martin Corp. 0.56% 1,891 $883K Add +2.2%
NOW ServiceNow Inc. 0.52% 1,036 $815K Add +4.2%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.51% 9,051 $803K Reduce -3.4%
IVV iShares Core S&P 500 ETF 0.50% 1,439 $787K Reduce -0.5%
AXON Axon Enterprise Inc. 0.49% 2,650 $780K Add +82.0%
VIG Vanguard Dividend Apprec ETF 0.48% 4,133 $754K Reduce -0.3%
QYLD Global X Nasd 100 Cov Call 0.44% 39,371 $696K Add +10.3%
TXT Textron Inc. 0.44% 8,056 $692K Add +2.7%
AMD Advanced Micro Devices 0.43% 4,207 $682K Add +46.4%
KLAC KLA Corp. 0.42% 808 $666K Add +1.6%
TMO Thermo Fisher Scientific Inc. 0.42% 1,198 $662K Reduce -4.2%
DGRO iShares Core Dividend Growth 0.42% 11,455 $660K Reduce -2.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.41% 3,738 $646K Add +4.0%
ABT Abbott Laboratories 0.39% 5,974 $621K Reduce -6.2%
CVX Chevron Corp. 0.38% 3,805 $595K Add +5.4%
LOW Lowe's Cos Inc. 0.37% 2,656 $585K Reduce -0.5%
META Meta Platforms Inc. Class A 0.37% 1,151 $580K Add +25.1%
PG The Procter & Gamble Co. 0.36% 3,414 $563K Reduce -1.0%
UNP Union Pacific Corp. 0.36% 2,476 $560K Reduce -1.4%
MRK Merck & Co. Inc. 0.35% 4,401 $545K Add +0.1%
FANG Diamondback Energy Inc. 0.34% 2,716 $544K Add +4.9%
ADX Adams Diversified Equity 0.33% 24,248 $521K Add +3.3%
ISRG Intuitive Surgical Inc. 0.33% 1,166 $519K Reduce -2.0%
PEP Pepsico Inc. 0.33% 3,128 $516K Add +0.1%
GOF Guggenheim Strategic Opport 0.32% 33,670 $502K Add +11.2%
MTB M & T Bank Corp. filed as M & T BK CORP 0.32% 3,300 $499K No change
ROE Ast US Eq WGT QLTY Kings ETF 0.31% 17,038 $495K New
GSLC Goldman Activebeta US LC ETF 0.31% 4,599 $492K No change
UTF Cohen & Steers Infrastructur 0.31% 21,625 $486K No change
VRTX Vertex Pharmaceuticals Inc. 0.31% 1,033 $484K Reduce -10.7%
ACN Accenture PLC Class A 0.31% 1,594 $484K Add +163.0%
RSP Invesco S&P 500 Equal Weight 0.30% 2,886 $474K Reduce -42.5%
CNI Canadian Natl Railway Co. 0.30% 4,000 $473K New
INTC Intel Corp. 0.30% 15,252 $472K New
ISTB iShares Core 1-5 Year Usd Bo 0.30% 9,932 $470K Reduce -0.8%
BKNG Booking Holdings Inc. 0.29% 115 $456K Reduce -45.0%
FTNT Fortinet Inc. 0.28% 7,322 $441K Reduce -6.4%
MA Mastercard Inc. Class A 0.28% 995 $439K No change
JPM JPMorgan Chase & Co. 0.28% 2,150 $435K Add +38.1%
LMBS First Trust Low Duration Opp 0.28% 9,029 $434K Reduce -27.2%
EMR Emerson Electric Co. 0.27% 3,918 $432K No change
ANET Arista Networks Inc. 0.27% 1,231 $431K Add +34.2%
IGM iShares Expanded Tech Sector 0.27% 4,530 $427K No change
IWM iShares Russell 2000 ETF 0.27% 2,096 $425K Add +5.0%
ORCL Oracle Corp. 0.26% 2,871 $405K Reduce -0.3%
CDNS Cadence Design SYS Inc. 0.25% 1,300 $400K Add +3.1%
ARKK ARK Innovation ETF 0.25% 8,928 $392K Reduce -1.1%
NULG Nuveen ESG LRG-Cap GRW ETF 0.24% 4,752 $386K Reduce -11.0%
GD General Dynamics Corp. 0.24% 1,300 $377K Reduce -8.1%
IBB iShares Biotechnology ETF 0.24% 2,727 $374K Add +19.8%
DIVO Amplify CWP Enhan Divid ETF 0.24% 9,594 $371K Add +12.2%
STK Columbia Slgmn Prem Tech GR 0.23% 11,092 $369K No change
PSX Phillips 66 0.23% 2,609 $368K Add +23.7%
TXN Texas Instruments Inc. 0.23% 1,869 $364K Reduce -1.3%
ET Energy Transfer LP 0.23% 22,393 $363K Add +0.3%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.23% 6,528 $362K Add +53.4%
QCOM Qualcomm Inc. 0.23% 1,789 $356K Reduce -2.7%
FTSM First Trust Enh Short Mat FD 0.23% 5,960 $355K Reduce -8.4%
SMMU PIMCO SHRT TRM Muni BND ETF 0.22% 7,024 $350K Reduce -7.1%
IYW iShares Ustechnology ETF 0.22% 2,324 $350K No change
DVY iShares Select Dividend ETF 0.22% 2,869 $347K Reduce -10.6%
RTX RTX Corp. 0.22% 3,428 $344K Reduce -2.8%
DGRW Wisdomtree U.S. Quality Divi 0.22% 4,402 $344K Add +9.5%
AAAU Goldman Sachs Physical Gold 0.21% 14,423 $332K Add +8.2%
NOBL Proshares S&P 500 Dividend A 0.21% 3,412 $328K Add +0.6%
ADBE Adobe Inc. 0.20% 576 $320K No change
AIF Apollo Tactical Income Fund 0.20% 21,563 $316K Add +0.1%
NBH Neuberger Municipal Fund Inc. 0.20% 29,398 $314K Reduce -1.5%
PKW Invesco Buyback Achievers Et 0.20% 2,996 $311K No change
IJT iShares S&P Small-Cap 600 GR 0.19% 2,379 $306K Add +6.7%
ZTS Zoetis Inc. 0.19% 1,745 $303K No change
CSL Carlisle Cos Inc. 0.19% 746 $302K Add +6.6%
MINT PIMCO Enhanced Short Maturit 0.19% 3,000 $302K Reduce -14.4%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.19% 7,915 $302K Reduce -7.0%
FMN Federated Herm Prem Muni Inc. 0.19% 25,961 $297K Reduce -4.1%
NVS Novartis AG-Sponsored ADR 0.18% 2,700 $287K New
MUNI PIMCO Intermediate Municipal 0.18% 5,499 $286K No change
PGR Progressive Corp. 0.18% 1,363 $283K New
NXPI NXP Semiconductors NV 0.18% 1,039 $280K No change
AXP American Express Co. 0.18% 1,202 $278K Add +8.2%
CP Canadian Pacific Kansas City 0.17% 3,500 $276K No change
CWB SS SPDR BB Conv Sec ETF 0.17% 3,800 $274K No change
XSD SS SPDR S&P Semiconductor 0.17% 1,105 $273K Reduce -8.3%
WMT Walmart Inc. 0.17% 4,017 $272K No change
PEG Public Service Enterprise GP 0.17% 3,643 $268K No change
DHR Danaher Corp. 0.17% 1,060 $265K Reduce -2.3%
GLD SPDR Gold Shares 0.17% 1,225 $263K Add +8.9%
AZN Astrazeneca PLC-Spons ADR 0.17% 3,360 $262K No change
SPGI S&P Global Inc. 0.16% 575 $256K No change
KRANESHARES TRUST 0.16% 19,822 $255K Add +56.0%
TSLA Tesla Inc. 0.16% 1,266 $251K New
FMB First Trust Managed Municipa 0.16% 4,895 $250K No change
ORLY O'reilly Automotive Inc. 0.16% 232 $245K Reduce -17.7%
PBE Invesco Biotechnology & Geno 0.16% 3,777 $245K No change
VYM Vanguard High DVD Yield ETF 0.16% 2,063 $245K Add +5.6%
LIN Linde PLC 0.15% 548 $240K No change
LULU Lululemon Athletica Inc. 0.14% 760 $227K New
ABR Arbor Realty Trust Inc. 0.14% 15,477 $222K Reduce -6.1%
COP Conocophillips 0.14% 1,940 $222K New
ROP Roper Technologies Inc. 0.14% 391 $220K No change
BHP BHP Group Ltd.-Spon ADR 0.14% 3,850 $220K No change
CAT Caterpillar Inc. 0.14% 650 $217K New
CRM Salesforce Inc. 0.14% 829 $213K New
ARKG ARK Genomic Revolution ETF 0.13% 9,001 $211K Reduce -2.6%
VLU SS SPDR S&P 1500 Value Tilt 0.13% 1,215 $209K Add +0.1%
XEVGX Eaton Vance Short Dur Div Inc. 0.13% 18,895 $204K Add +1.6%
ROST Ross Stores Inc. 0.13% 1,398 $203K No change
CGO Calamos Global Total Return 0.12% 17,283 $191K Reduce -5.1%
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.11% 28,459 $169K Reduce -26.4%
XETYX Eaton Vance Tax-MGD Div Eqty 0.10% 11,274 $158K No change
LEO BNY Mellon Strategic Muni 0.10% 24,621 $151K No change
GNL Global Net Lease Inc. 0.07% 15,694 $115K Add +14.6%
GGN Gamco GLBL Gold NTRL Res Inc. 0.07% 26,351 $107K Add +10.4%
FFWM First Foundation Inc. 0.05% 12,110 $79K No change
DHY UBS Asset Management High Yi filed as CREDIT SUISSE HIGH YIELD BD 0.02% 12,308 $25K No change
Other holdings (3): bonds, preferreds, convertibles and warrants · $811K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 635$760KNo change
STANDARD BIOTOOLS INC (LAB 2.75 02/01/34) NOTE 2.750% 2/0 · principal 42,000$42KNo change
REDWOOD TRUST INC (RWT 5.625 07/15/24) NOTE 5.625% 7/1 · principal 10,000$10KNo change

Total filed on the 13F, all lines: $158.4M.

Portfolio Sells Q1 2024 → Q2 2024
PRF Invesco Rafi US 1000 ETF Reduce -1.6% 2.29% −0.56
HD Home Depot Inc. Reduce -0.5% 1.33% −0.47
ITOT iShares Core S&P Total U.S. Reduce -0.5% 1.98% −0.35
RSP Invesco S&P 500 Equal Weight Reduce -42.5% 0.30% −0.35
BKNG Booking Holdings Inc. Reduce -45.0% 0.29% −0.29
SCHD Schwab US DVD Equity ETF Reduce -2.8% 0.97% −0.28
UNH Unitedhealth Group Inc. Reduce -16.5% 0.64% −0.26
JNJ Johnson & Johnson Reduce -1.2% 0.68% −0.22
MNST Monster Beverage Corp. Sold out 0.00% −0.21
USMV iShares MSCI USA Min Vol Fac Reduce -0.0% 0.96% −0.20
PFE Pfizer Inc. Sold out 0.00% −0.19
LMBS First Trust Low Duration Opp Reduce -27.2% 0.28% −0.18
PYPL PayPal Holdings Inc. Sold out 0.00% −0.18
XLE SS Energy Select Sector Reduce -2.6% 0.61% −0.17
CVS CVS Health Corp. Sold out 0.00% −0.17
ABT Abbott Laboratories Reduce -6.2% 0.39% −0.16
V Visa Inc. Class A Sold out 0.00% −0.16
CSM Proshares Large Cap Core Plu Reduce -0.1% 0.82% −0.15
LOW Lowe's Cos Inc. Reduce -0.5% 0.37% −0.15
TMO Thermo Fisher Scientific Inc. Reduce -4.2% 0.42% −0.14
JEPI JPMorgan Equity Premium Inco Reduce -0.1% 0.57% −0.13
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Reduce -3.4% 0.51% −0.13
FTNT Fortinet Inc. Reduce -6.4% 0.28% −0.13
UNP Union Pacific Corp. Reduce -1.4% 0.36% −0.12
DGRO iShares Core Dividend Growth Reduce -2.3% 0.42% −0.10
VIG Vanguard Dividend Apprec ETF Reduce -0.3% 0.48% −0.10
ARKK ARK Innovation ETF Reduce -1.1% 0.25% −0.10
ORLY O'reilly Automotive Inc. Reduce -17.7% 0.16% −0.09
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.0% 0.88% −0.09
IVV iShares Core S&P 500 ETF Reduce -0.5% 0.50% −0.08
DVY iShares Select Dividend ETF Reduce -10.6% 0.22% −0.08
MINT PIMCO Enhanced Short Maturit Reduce -14.4% 0.19% −0.08
FTSM First Trust Enh Short Mat FD Reduce -8.4% 0.23% −0.07
PG The Procter & Gamble Co. Reduce -1.0% 0.36% −0.07
ARKG ARK Genomic Revolution ETF Reduce -2.6% 0.13% −0.07
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -11.0% 0.24% −0.07
SMMU PIMCO SHRT TRM Muni BND ETF Reduce -7.1% 0.22% −0.07
GD General Dynamics Corp. Reduce -8.1% 0.24% −0.07
DSM BNYM Strat Muni BND Reduce -26.4% 0.11% −0.07
ISTB iShares Core 1-5 Year Usd Bo Reduce -0.8% 0.30% −0.07
PRFZ Inv Rafi US 1500 SM-Usd Inc. Reduce -7.0% 0.19% −0.06
VRTX Vertex Pharmaceuticals Inc. Reduce -10.7% 0.31% −0.06
RTX RTX Corp. Reduce -2.8% 0.22% −0.05
FMN Federated Herm Prem Muni Inc. Reduce -4.1% 0.19% −0.04
XSD SS SPDR S&P Semiconductor Reduce -8.3% 0.17% −0.04
NBH Neuberger Municipal Fund Inc. Reduce -1.5% 0.20% −0.04
DHR Danaher Corp. Reduce -2.3% 0.17% −0.04
ISRG Intuitive Surgical Inc. Reduce -2.0% 0.33% −0.03
ABR Arbor Realty Trust Inc. Reduce -6.1% 0.14% −0.03
CGO Calamos Global Total Return Reduce -5.1% 0.12% −0.02

Portfolio Buys Q1 2024 → Q2 2024
MSFT Microsoft Corp. Add +108.3% 8.81% +4.00
FLOT iShares Floating Rate Bond E Add +118.1% 6.31% +2.82
AAPL Apple Inc. Add +4.4% 9.07% +0.53
ROE Ast US Eq WGT QLTY Kings ETF New 0.31% +0.31
CNI Canadian Natl Railway Co. New 0.30% +0.30
INTC Intel Corp. New 0.30% +0.30
TSM Taiwan Semiconductor-SP ADR Add +25.0% 1.20% +0.29
COST Costco Wholesale Corp. Add +23.6% 1.65% +0.26
NVS Novartis AG-Sponsored ADR New 0.18% +0.18
PGR Progressive Corp. New 0.18% +0.18
TSLA Tesla Inc. New 0.16% +0.16
ACN Accenture PLC Class A Add +163.0% 0.31% +0.15
AXON Axon Enterprise Inc. Add +82.0% 0.49% +0.15
LULU Lululemon Athletica Inc. New 0.14% +0.14
COP Conocophillips New 0.14% +0.14
CAT Caterpillar Inc. New 0.14% +0.14
CRM Salesforce Inc. New 0.14% +0.14
GOOG Alphabet Inc. Class C Add +14.4% 0.97% +0.12
NEE Nextera Energy Inc. Add +24.4% 0.89% +0.11
ANET Arista Networks Inc. Add +34.2% 0.27% +0.07
GOOGL Alphabet Inc. Class A Add +4.5% 1.29% +0.05
JEPQ JPM Nasdaq Equity Premium Add +53.4% 0.23% +0.05
JPM JPMorgan Chase & Co. Add +38.1% 0.28% +0.04
AMD Advanced Micro Devices Add +46.4% 0.43% +0.04
META Meta Platforms Inc. Class A Add +25.1% 0.37% +0.03
KRANESHARES TRUST Add +56.0% 0.16% +0.02
AMZN Amazon.com Inc. Add +14.4% 1.12% +0.02
IBB iShares Biotechnology ETF Add +19.8% 0.24% −0.00
KLAC KLA Corp. Add +1.6% 0.42% −0.00
GGN Gamco GLBL Gold NTRL Res Inc. Add +10.4% 0.07% −0.00
GNL Global Net Lease Inc. Add +14.6% 0.07% −0.01
GSBD Goldman Sachs BDC Inc. Add +19.2% 1.03% −0.01
GLD SPDR Gold Shares Add +8.9% 0.17% −0.01
GOF Guggenheim Strategic Opport Add +11.2% 0.32% −0.01
AAAU Goldman Sachs Physical Gold Add +8.2% 0.21% −0.01
DGRW Wisdomtree U.S. Quality Divi Add +9.5% 0.22% −0.02
AXP American Express Co. Add +8.2% 0.18% −0.02
CSL Carlisle Cos Inc. Add +6.6% 0.19% −0.02
DIVO Amplify CWP Enhan Divid ETF Add +12.2% 0.24% −0.02
ADX Adams Diversified Equity Add +3.3% 0.33% −0.02
XEVGX Eaton Vance Short Dur Div Inc. Add +1.6% 0.13% −0.02
VYM Vanguard High DVD Yield ETF Add +5.6% 0.16% −0.03
IJT iShares S&P Small-Cap 600 GR Add +6.7% 0.19% −0.03
CCJ Cameco Corp. Add +1.0% 0.56% −0.03
PSX Phillips 66 Add +23.7% 0.23% −0.03
VLU SS SPDR S&P 1500 Value Tilt Add +0.1% 0.13% −0.03
AIF Apollo Tactical Income Fund Add +0.1% 0.20% −0.04
ET Energy Transfer LP Add +0.3% 0.23% −0.04
CDNS Cadence Design SYS Inc. Add +3.1% 0.25% −0.05
LLY Eli Lilly & Co. Add +1.3% 1.99% −0.05

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