Collar Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Collar Capital Management, LLC reported 67 stock positions worth $118.9 million. Its top holding was Strategy (MSTR) at 7.9% of the portfolio, followed by Coinbase Global Class A (COIN, 4.6%) and Tesla (TSLA, 4.5%). Compared with Q1 2025, it opened 7 new positions, sold out of 8, added to 33 and reduced 21. The biggest buy was Coinbase Global Class A (COIN, shares +2%) and the biggest sale an exit from AT&T (T).
- Most Recent 13F
- Q2 2026
- Location
- Appleton, WI
- CIK
- 0002056719
- Portfolio Value
- $118.9M (Q2 2025)
- SEC Filing
- 0001172661-25-003107 ↗ filed Aug 13, 2025
Holdings Value
Holdings 67 stocks · $118.9M
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 7.88% | 23,175 | $9.4M | Reduce -1.6% |
| COIN Coinbase Global Inc. Class A | 4.55% | 15,449 | $5.4M | Add +2.0% |
| TSLA Tesla Inc. | 4.54% | 16,981 | $5.4M | Add +4.4% |
| META Meta Platforms Inc. Class A | 3.72% | 5,986 | $4.4M | Add +0.8% |
| MU Micron Technology Inc. | 3.49% | 33,678 | $4.2M | Add +5.7% |
| AAPL Apple Inc. | 3.27% | 18,928 | $3.9M | Reduce -0.4% |
| C Citigroup Inc. | 2.86% | 39,956 | $3.4M | Add +0.4% |
| NVDA Nvidia Corp. | 2.83% | 21,319 | $3.4M | Add +204.3% |
| VNO Vornado Realty Trust | 2.79% | 86,876 | $3.3M | Reduce -1.5% |
| LNC Lincoln National Corp. | 2.62% | 89,891 | $3.1M | Add +0.5% |
| ACHR Archer Aviation Inc. Class A | 2.57% | 281,690 | $3.1M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 2.38% | 15,948 | $2.8M | Add +1.0% |
| BA The Boeing Co. | 2.26% | 12,829 | $2.7M | Add +1.2% |
| UPS United Parcel Service Class B | 2.11% | 24,871 | $2.5M | New |
| XOM Exxon Mobil Corp. | 2.08% | 22,915 | $2.5M | Add +109.9% |
| AMZN Amazon.com Inc. | 1.96% | 10,596 | $2.3M | New |
| QCOM Qualcomm Inc. | 1.95% | 14,538 | $2.3M | Reduce -1.0% |
| INTC Intel Corp. | 1.89% | 100,369 | $2.2M | Add +14.8% |
| KEY Keycorp | 1.84% | 125,876 | $2.2M | Add +4.0% |
| AES AES Corp. | 1.76% | 198,403 | $2.1M | Reduce -6.8% |
| ABBV Abbvie Inc. | 1.76% | 11,242 | $2.1M | Add +0.3% |
| DOW Dow Inc. | 1.69% | 75,883 | $2.0M | Add +7.1% |
| SM SM Energy Co. | 1.63% | 78,181 | $1.9M | Add +23.6% |
| WDC Western Digital Corp. | 1.60% | 29,655 | $1.9M | Add +16.0% |
| STWD Starwood Property Trust Inc. | 1.57% | 92,716 | $1.9M | Add +3.7% |
| NLY Annaly Capital Management Inc. | 1.50% | 94,601 | $1.8M | Add +2.6% |
| WFC Wells Fargo & Co. | 1.49% | 22,132 | $1.8M | Add +0.2% |
| PB Prosperity Bancshares Inc. | 1.46% | 24,720 | $1.7M | Reduce -6.8% |
| CLF Cleveland-Cliffs Inc. | 1.45% | 227,215 | $1.7M | Add +11.7% |
| LITE Lumentum Holdings Inc. | 1.44% | 17,979 | $1.7M | Reduce -2.0% |
| ZM Zoom Communications Inc. | 1.41% | 21,475 | $1.7M | Add +4.1% |
| SBUX Starbucks Corp. | 1.40% | 18,165 | $1.7M | Reduce -0.5% |
| FDX FedEx Corp. | 1.40% | 7,306 | $1.7M | Reduce -1.9% |
| XEFRX Eaton Vance Sr FLTG Rate TR | 1.31% | 128,645 | $1.6M | Add +3.0% |
| KYN Kayne Anderson Energy Infra | 1.27% | 118,917 | $1.5M | Reduce -1.2% |
| HUN Huntsman Corp. | 1.21% | 137,948 | $1.4M | Reduce -5.2% |
| AMLP Alerian MLP ETF | 1.20% | 29,162 | $1.4M | Add +3.8% |
| AMBA Ambarella Inc. | 1.16% | 20,801 | $1.4M | Reduce -2.0% |
| VFC VF Corp. | 1.11% | 111,950 | $1.3M | Reduce -1.7% |
| FLG Flagstar Bank NA | 0.99% | 111,283 | $1.2M | Add +3.5% |
| PMT Pennymac Mortgage Investment | 0.95% | 87,715 | $1.1M | Add +4.2% |
| CVS CVS Health Corp. | 0.90% | 15,570 | $1.1M | Add +2.6% |
| TROX Tronox Holdings PLC | 0.86% | 201,745 | $1.0M | Reduce -10.7% |
| KMI Kinder Morgan Inc. | 0.77% | 31,000 | $911K | Reduce -2.2% |
| MRNA Moderna Inc. | 0.76% | 32,531 | $898K | Reduce -6.2% |
| AGNC AGNC Investment Corp. | 0.75% | 97,466 | $896K | Reduce -0.1% |
| PFE Pfizer Inc. | 0.71% | 34,940 | $847K | Reduce -4.1% |
| NNN NNN REIT Inc. | 0.70% | 19,392 | $837K | Add +1.4% |
| WBD Warner Bros Discovery Inc. | 0.63% | 65,547 | $751K | Reduce -9.3% |
| WMT Walmart Inc. | 0.60% | 7,355 | $719K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.49% | 1,054 | $581K | No change |
| IWF iShares Russell 1000 Growth | 0.46% | 1,300 | $552K | No change |
| FETH Fidelity Ethereum Fund | 0.44% | 20,922 | $527K | Add +73.6% |
| DES Wisdomtree US Smallcap Divid | 0.43% | 15,993 | $508K | Reduce -5.8% |
| IJH iShares Core S&P Midcap ETF | 0.42% | 8,125 | $504K | No change |
| JFR Nuveen Floating Rate Income | 0.41% | 57,955 | $491K | Reduce -1.0% |
| IWM iShares Russell 2000 ETF | 0.33% | 1,801 | $389K | Add +1.7% |
| NXST Nexstar Media Group Inc. | 0.31% | 2,126 | $368K | Add +13.8% |
| ARKK ARK Innovation ETF | 0.29% | 4,969 | $349K | Add +15.2% |
| ORCL Oracle Corp. | 0.27% | 1,480 | $324K | New |
| V Visa Inc. Class A | 0.25% | 833 | $296K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 4,930 | $233K | No change |
| XNXJX Nuveen NJ QLTY Muni Inc. | 0.19% | 20,000 | $227K | Add +33.3% |
| KBWB Invesco KBW Bank ETF | 0.18% | 2,969 | $213K | New |
| BLK BlackRock Inc. | 0.18% | 201 | $211K | New |
| SFL SFL Corp. Ltd. | 0.07% | 10,500 | $87K | New |
| CXE MFS High Income Municipal TR | 0.06% | 20,000 | $72K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| T AT&T Inc. | Sold out | 0.00% | −3.66 |
| GM General Motors Co. | Sold out | 0.00% | −1.73 |
| MO Altria Group Inc. | Sold out | 0.00% | −1.60 |
| VOD Vodafone Group PLC-SP ADR | Sold out | 0.00% | −1.30 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −1.23 |
| FL Foot Locker Inc. | Sold out | 0.00% | −1.19 |
| HUN Huntsman Corp. | Reduce -5.2% | 1.21% | −0.87 |
| AES AES Corp. | Reduce -6.8% | 1.76% | −0.64 |
| TROX Tronox Holdings PLC | Reduce -10.7% | 0.86% | −0.58 |
| AAPL Apple Inc. | Reduce -0.4% | 3.27% | −0.56 |
| VFC VF Corp. | Reduce -1.7% | 1.11% | −0.50 |
| PB Prosperity Bancshares Inc. | Reduce -6.8% | 1.46% | −0.26 |
| FDX FedEx Corp. | Reduce -1.9% | 1.40% | −0.25 |
| SBUX Starbucks Corp. | Reduce -0.5% | 1.40% | −0.22 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.18 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.18 |
| VNO Vornado Realty Trust | Reduce -1.5% | 2.79% | −0.16 |
| MRNA Moderna Inc. | Reduce -6.2% | 0.76% | −0.14 |
| KYN Kayne Anderson Energy Infra | Reduce -1.2% | 1.27% | −0.13 |
| PFE Pfizer Inc. | Reduce -4.1% | 0.71% | −0.13 |
| QCOM Qualcomm Inc. | Reduce -1.0% | 1.95% | −0.10 |
| AGNC AGNC Investment Corp. | Reduce -0.1% | 0.75% | −0.09 |
| WBD Warner Bros Discovery Inc. | Reduce -9.3% | 0.63% | −0.07 |
| DES Wisdomtree US Smallcap Divid | Reduce -5.8% | 0.43% | −0.06 |
| KMI Kinder Morgan Inc. | Reduce -2.2% | 0.77% | −0.05 |
| JFR Nuveen Floating Rate Income | Reduce -1.0% | 0.41% | −0.04 |
| AMBA Ambarella Inc. | Reduce -2.0% | 1.16% | +0.19 |
| LITE Lumentum Holdings Inc. | Reduce -2.0% | 1.44% | +0.40 |
| MSTR Strategy Inc. | Reduce -1.6% | 7.88% | +1.72 |
Portfolio Buys Q1 2025 → Q2 2025
| COIN Coinbase Global Inc. Class A | Add +2.0% | 4.55% | +2.19 |
| NVDA Nvidia Corp. | Add +204.3% | 2.83% | +2.14 |
| UPS United Parcel Service Class B | New | 2.11% | +2.11 |
| AMZN Amazon.com Inc. | New | 1.96% | +1.96 |
| MU Micron Technology Inc. | Add +5.7% | 3.49% | +0.98 |
| XOM Exxon Mobil Corp. | Add +109.9% | 2.08% | +0.90 |
| ACHR Archer Aviation Inc. Class A | Add +0.4% | 2.57% | +0.76 |
| TSLA Tesla Inc. | Add +4.4% | 4.54% | +0.71 |
| WDC Western Digital Corp. | Add +16.0% | 1.60% | +0.66 |
| META Meta Platforms Inc. Class A | Add +0.8% | 3.72% | +0.61 |
| WMT Walmart Inc. | New | 0.60% | +0.60 |
| BA The Boeing Co. | Add +1.2% | 2.26% | +0.30 |
| C Citigroup Inc. | Add +0.4% | 2.86% | +0.30 |
| ORCL Oracle Corp. | New | 0.27% | +0.27 |
| FETH Fidelity Ethereum Fund | Add +73.6% | 0.44% | +0.24 |
| KBWB Invesco KBW Bank ETF | New | 0.18% | +0.18 |
| BLK BlackRock Inc. | New | 0.18% | +0.18 |
| GOOG Alphabet Inc. Class C | Add +1.0% | 2.38% | +0.14 |
| ARKK ARK Innovation ETF | Add +15.2% | 0.29% | +0.11 |
| INTC Intel Corp. | Add +14.8% | 1.89% | +0.09 |
| KEY Keycorp | Add +4.0% | 1.84% | +0.09 |
| SFL SFL Corp. Ltd. | New | 0.07% | +0.07 |
| WFC Wells Fargo & Co. | Add +0.2% | 1.49% | +0.05 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Add +33.3% | 0.19% | +0.03 |
| ZM Zoom Communications Inc. | Add +4.1% | 1.41% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +1.7% | 0.33% | +0.01 |
| NXST Nexstar Media Group Inc. | Add +13.8% | 0.31% | +0.01 |
| CVS CVS Health Corp. | Add +2.6% | 0.90% | −0.03 |
| NNN NNN REIT Inc. | Add +1.4% | 0.70% | −0.03 |
| STWD Starwood Property Trust Inc. | Add +3.7% | 1.57% | −0.04 |
| CLF Cleveland-Cliffs Inc. | Add +11.7% | 1.45% | −0.06 |
| XEFRX Eaton Vance Sr FLTG Rate TR | Add +3.0% | 1.31% | −0.08 |
| SM SM Energy Co. | Add +23.6% | 1.63% | −0.09 |
| AMLP Alerian MLP ETF | Add +3.8% | 1.20% | −0.12 |
| FLG Flagstar Bank NA | Add +3.5% | 0.99% | −0.14 |
| PMT Pennymac Mortgage Investment | Add +4.2% | 0.95% | −0.17 |
| NLY Annaly Capital Management Inc. | Add +2.6% | 1.50% | −0.20 |
| LNC Lincoln National Corp. | Add +0.5% | 2.62% | −0.30 |
| ABBV Abbvie Inc. | Add +0.3% | 1.76% | −0.37 |
| DOW Dow Inc. | Add +7.1% | 1.69% | −0.55 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 73 | $169.6M | MU, INTC, TSLA, WDC, AAPL |
| Q1 2026 | 72 | $154.5M | MU, TSLA, WDC, AAPL, GOOG |
| Q4 2025 | 75 | $149.7M | MU, TSLA, AAPL, GOOG, UNH |
| Q3 2025 | 71 | $142.1M | MSTR, TSLA, MU, COIN, AAPL |
| Q2 2025 | 67 | $118.9M | MSTR, COIN, TSLA, META, MU |
| Q1 2025 | 68 | $110.3M | MSTR, AAPL, TSLA, T, META |
| Q4 2024 | 75 | $120.1M | TSLA, MSTR, AAPL, VNO, COIN |