Client First Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Client First Capital LLC reported 18 stock positions worth $195.2 million. Its top holding was iShares 0-1 Year Treasury Bo (SHV) at 20.2% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 18.3%) and iShares Core S&P 500 ETF (IVV, 13.7%). Compared with Q4 2024, it opened 3 new positions, sold out of 4, added to 8 and reduced 4. The biggest buy was iShares 0-1 Year Treasury Bo (SHV, shares +18%) and the biggest sale an exit from SS SPDR BB 1-3M T-Bill ETF (BIL).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001822065
- Portfolio Value
- $195.2M (Q1 2025)
- SEC Filing
- 0001085146-25-002467 ↗ filed Apr 30, 2025
Holdings Value
Holdings 18 stocks · $195.2M
| SHV iShares 0-1 Year Treasury Bo | 20.18% | 356,518 | $39.4M | Add +17.5% |
| QQQ Invesco QQQ Trust Series 1 | 18.34% | 76,330 | $35.8M | Add +0.5% |
| IVV iShares Core S&P 500 ETF | 13.70% | 47,578 | $26.7M | Add +1.3% |
| QUAL iShares MSCI USA Quality Fac | 10.16% | 116,032 | $19.8M | Add +45.6% |
| GLD SPDR Gold Shares | 7.43% | 50,338 | $14.5M | Reduce -26.8% |
| XLF SS Financial Select Sector | 4.74% | 185,852 | $9.3M | Add +99.7% |
| XLC SS Comm Select Sector SPDR | 4.40% | 89,095 | $8.6M | Reduce -4.6% |
| OEF iShares S&P 100 ETF | 4.16% | 30,003 | $8.1M | Reduce -5.7% |
| IWF iShares Russell 1000 Growth | 4.12% | 22,292 | $8.0M | Add +203.0% |
| XLG Invesco S&P 500 Top 50 ETF | 2.78% | 117,853 | $5.4M | Add +34.6% |
| CMF iShares California Muni Bond | 2.67% | 92,578 | $5.2M | No change |
| SMAX iShares L Cap MB Sep ETF | 2.40% | 186,937 | $4.7M | New |
| XLE SS Energy Select Sector | 1.53% | 32,033 | $3.0M | Add +3.7% |
| IJH iShares Core S&P Midcap ETF | 1.38% | 46,101 | $2.7M | Reduce -60.4% |
| MUB iShares National Muni Bond E | 1.25% | 23,079 | $2.4M | No change |
| MEAR Ishrs Short Mat Muni Act ETF | 0.36% | 13,843 | $695K | New |
| USFR Wisdomtree Floating Rate Tre | 0.26% | 10,000 | $503K | New |
| RTX RTX Corp. | 0.15% | 2,153 | $285K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −3.79 |
| IJH iShares Core S&P Midcap ETF | Reduce -60.4% | 1.38% | −2.35 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −2.24 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −2.01 |
| GLD SPDR Gold Shares | Reduce -26.8% | 7.43% | −1.13 |
| OEF iShares S&P 100 ETF | Reduce -5.7% | 4.16% | −0.56 |
| XLC SS Comm Select Sector SPDR | Reduce -4.6% | 4.40% | −0.24 |
| BGT BlackRock Fltng RT Inc. TR | Sold out | 0.00% | −0.11 |
Portfolio Buys Q4 2024 → Q1 2025
| SHV iShares 0-1 Year Treasury Bo | Add +17.5% | 20.18% | +3.00 |
| QUAL iShares MSCI USA Quality Fac | Add +45.6% | 10.16% | +2.86 |
| IWF iShares Russell 1000 Growth | Add +203.0% | 4.12% | +2.60 |
| XLF SS Financial Select Sector | Add +99.7% | 4.74% | +2.43 |
| SMAX iShares L Cap MB Sep ETF | New | 2.40% | +2.40 |
| XLG Invesco S&P 500 Top 50 ETF | Add +34.6% | 2.78% | +0.53 |
| MEAR Ishrs Short Mat Muni Act ETF | New | 0.36% | +0.36 |
| USFR Wisdomtree Floating Rate Tre | New | 0.26% | +0.26 |
| XLE SS Energy Select Sector | Add +3.7% | 1.53% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +1.3% | 13.70% | −0.51 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.5% | 18.34% | −1.62 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $247.8M | QQQ, IVV, SHV, QUAL, USFR |
| Q1 2026 | 26 | $227.4M | QQQ, SHV, IVV, QUAL, USFR |
| Q4 2025 | 25 | $234.1M | QQQ, SHV, IVV, QUAL, USFR |
| Q3 2025 | 22 | $224.5M | QQQ, SHV, USFR, IVV, QUAL |
| Q2 2025 | 22 | $213.0M | QQQ, SHV, IVV, QUAL, USFR |
| Q1 2025 | 18 | $195.2M | SHV, QQQ, IVV, QUAL, GLD |
| Q4 2024 | 19 | $194.5M | QQQ, SHV, IVV, GLD, QUAL |
| Q3 2024 | 19 | $180.9M | SHV, QQQ, IVV, BIL, GLD |
| Q2 2024 | 18 | $166.1M | SHV, QQQ, IVV, QUAL, GLD |
| Q1 2024 | 14 | $142.7M | SHV, QQQ, IVV, QUAL, GLD |