Collar Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 16, 2025), Collar Capital Management, LLC reported 71 stock positions worth $142.1 million. Its top holding was Strategy (MSTR) at 5.2% of the portfolio, followed by Tesla (TSLA, 5.1%) and Micron Technology (MU, 3.6%). Compared with Q2 2025, it opened 7 new positions, sold out of 3, added to 30 and reduced 25. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale Strategy (MSTR, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Appleton, WI
- CIK
- 0002056719
- Portfolio Value
- $142.1M (Q3 2025)
- SEC Filing
- 0001172661-25-004296 ↗ filed Oct 16, 2025
Holdings Value
Holdings 71 stocks · $142.1M
| MSTR Strategy Inc. | 5.16% | 22,756 | $7.3M | Reduce -1.8% |
| TSLA Tesla Inc. | 5.06% | 16,163 | $7.2M | Reduce -4.8% |
| MU Micron Technology Inc. | 3.63% | 30,803 | $5.2M | Reduce -8.5% |
| COIN Coinbase Global Inc. Class A | 3.49% | 14,695 | $5.0M | Reduce -4.9% |
| AAPL Apple Inc. | 3.41% | 19,051 | $4.9M | Add +0.7% |
| UNH Unitedhealth Group Inc. | 3.06% | 12,590 | $4.3M | New |
| META Meta Platforms Inc. Class A | 2.92% | 5,651 | $4.1M | Reduce -5.6% |
| GOOG Alphabet Inc. Class C | 2.74% | 15,998 | $3.9M | Add +0.3% |
| C Citigroup Inc. | 2.71% | 37,956 | $3.9M | Reduce -5.0% |
| NVDA Nvidia Corp. | 2.65% | 20,189 | $3.8M | Reduce -5.3% |
| LNC Lincoln National Corp. | 2.58% | 91,043 | $3.7M | Add +1.3% |
| INTC Intel Corp. | 2.45% | 103,984 | $3.5M | Add +3.6% |
| CRM Salesforce Inc. | 2.36% | 14,161 | $3.4M | New |
| VNO Vornado Realty Trust | 2.30% | 80,606 | $3.3M | Reduce -7.2% |
| WDC Western Digital Corp. | 2.19% | 25,967 | $3.1M | Reduce -12.4% |
| BA The Boeing Co. | 1.99% | 13,125 | $2.8M | Add +2.3% |
| CLF Cleveland-Cliffs Inc. | 1.97% | 229,535 | $2.8M | Add +1.0% |
| ACHR Archer Aviation Inc. Class A | 1.91% | 283,340 | $2.7M | Add +0.6% |
| AES AES Corp. | 1.90% | 204,688 | $2.7M | Add +3.2% |
| XOM Exxon Mobil Corp. | 1.85% | 23,265 | $2.6M | Add +1.5% |
| EIX Edison International | 1.84% | 47,363 | $2.6M | New |
| ABBV Abbvie Inc. | 1.83% | 11,242 | $2.6M | No change |
| UPS United Parcel Service Class B | 1.83% | 31,096 | $2.6M | Add +25.0% |
| QCOM Qualcomm Inc. | 1.74% | 14,896 | $2.5M | Add +2.5% |
| CAG Conagra Brands Inc. | 1.70% | 131,868 | $2.4M | New |
| KEY Keycorp | 1.63% | 123,920 | $2.3M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 1.61% | 10,428 | $2.3M | Reduce -1.6% |
| DOW Dow Inc. | 1.51% | 93,557 | $2.1M | Add +23.3% |
| NLY Annaly Capital Management Inc. | 1.43% | 100,526 | $2.0M | Add +6.3% |
| SM SM Energy Co. | 1.43% | 81,347 | $2.0M | Add +4.0% |
| STWD Starwood Property Trust Inc. | 1.33% | 97,746 | $1.9M | Add +5.4% |
| WFC Wells Fargo & Co. | 1.26% | 21,362 | $1.8M | Reduce -3.5% |
| FDX FedEx Corp. | 1.21% | 7,299 | $1.7M | Reduce -0.1% |
| ZM Zoom Communications Inc. | 1.21% | 20,780 | $1.7M | Reduce -3.2% |
| AMBA Ambarella Inc. | 1.20% | 20,701 | $1.7M | Reduce -0.5% |
| PB Prosperity Bancshares Inc. | 1.20% | 25,733 | $1.7M | Add +4.1% |
| SBET Sharplink Inc. | 1.20% | 100,053 | $1.7M | New |
| VFC VF Corp. | 1.16% | 114,175 | $1.6M | Add +2.0% |
| AMLP Alerian MLP ETF | 1.11% | 33,479 | $1.6M | Add +14.8% |
| TROX Tronox Holdings PLC | 1.09% | 386,780 | $1.6M | Add +91.7% |
| SBUX Starbucks Corp. | 1.09% | 18,340 | $1.6M | Add +1.0% |
| KYN Kayne Anderson Energy Infra | 0.98% | 112,917 | $1.4M | Reduce -5.0% |
| XEFRX Eaton Vance Sr FLTG Rate TR | 0.98% | 121,220 | $1.4M | Reduce -5.8% |
| HUN Huntsman Corp. | 0.96% | 152,553 | $1.4M | Add +10.6% |
| FLG Flagstar Bank NA | 0.94% | 115,950 | $1.3M | Add +4.2% |
| CVS CVS Health Corp. | 0.89% | 16,865 | $1.3M | Add +8.3% |
| PMT Pennymac Mortgage Investment | 0.77% | 89,515 | $1.1M | Add +2.0% |
| AGNC AGNC Investment Corp. | 0.76% | 110,566 | $1.1M | Add +13.4% |
| MRNA Moderna Inc. | 0.70% | 38,565 | $996K | Add +18.6% |
| PFE Pfizer Inc. | 0.69% | 38,765 | $988K | Add +10.9% |
| NNN NNN REIT Inc. | 0.67% | 22,287 | $949K | Add +14.9% |
| KMI Kinder Morgan Inc. | 0.61% | 30,850 | $873K | Reduce -0.5% |
| WMT Walmart Inc. | 0.53% | 7,350 | $757K | Reduce -0.1% |
| IWF iShares Russell 1000 Growth | 0.43% | 1,300 | $609K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.43% | 1,012 | $608K | Reduce -4.0% |
| DES Wisdomtree US Smallcap Divid | 0.39% | 16,268 | $548K | Add +1.7% |
| IJH iShares Core S&P Midcap ETF | 0.37% | 8,125 | $530K | No change |
| NXST Nexstar Media Group Inc. | 0.35% | 2,529 | $500K | Add +19.0% |
| FETH Fidelity Ethereum Fund | 0.33% | 11,207 | $466K | Reduce -46.4% |
| JFR Nuveen Floating Rate Income | 0.32% | 55,583 | $455K | Reduce -4.1% |
| IWM iShares Russell 2000 ETF | 0.31% | 1,801 | $436K | No change |
| ARKK ARK Innovation ETF | 0.30% | 4,969 | $429K | No change |
| ORCL Oracle Corp. | 0.25% | 1,280 | $360K | Reduce -13.5% |
| V Visa Inc. Class A | 0.20% | 833 | $284K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 4,930 | $254K | No change |
| BLK BlackRock Inc. | 0.16% | 201 | $234K | No change |
| KBWB Invesco KBW Bank ETF | 0.16% | 2,959 | $231K | Reduce -0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.14% | 1,416 | $205K | New |
| JPM JPMorgan Chase & Co. | 0.14% | 641 | $202K | New |
| SFL SFL Corp. Ltd. | 0.06% | 10,500 | $79K | No change |
| CXE MFS High Income Municipal TR | 0.04% | 14,000 | $52K | Reduce -30.0% |
Portfolio Sells Q2 2025 → Q3 2025
| MSTR Strategy Inc. | Reduce -1.8% | 5.16% | −2.72 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −1.44 |
| COIN Coinbase Global Inc. Class A | Reduce -4.9% | 3.49% | −1.07 |
| META Meta Platforms Inc. Class A | Reduce -5.6% | 2.92% | −0.80 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.63 |
| VNO Vornado Realty Trust | Reduce -7.2% | 2.30% | −0.50 |
| AMZN Amazon.com Inc. | Reduce -1.6% | 1.61% | −0.34 |
| XEFRX Eaton Vance Sr FLTG Rate TR | Reduce -5.8% | 0.98% | −0.34 |
| KYN Kayne Anderson Energy Infra | Reduce -5.0% | 0.98% | −0.29 |
| WFC Wells Fargo & Co. | Reduce -3.5% | 1.26% | −0.23 |
| KEY Keycorp | Reduce -1.6% | 1.63% | −0.21 |
| ZM Zoom Communications Inc. | Reduce -3.2% | 1.21% | −0.20 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Sold out | 0.00% | −0.19 |
| FDX FedEx Corp. | Reduce -0.1% | 1.21% | −0.19 |
| NVDA Nvidia Corp. | Reduce -5.3% | 2.65% | −0.18 |
| KMI Kinder Morgan Inc. | Reduce -0.5% | 0.61% | −0.15 |
| C Citigroup Inc. | Reduce -5.0% | 2.71% | −0.15 |
| FETH Fidelity Ethereum Fund | Reduce -46.4% | 0.33% | −0.12 |
| JFR Nuveen Floating Rate Income | Reduce -4.1% | 0.32% | −0.09 |
| WMT Walmart Inc. | Reduce -0.1% | 0.53% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.0% | 0.43% | −0.06 |
| CXE MFS High Income Municipal TR | Reduce -30.0% | 0.04% | −0.02 |
| ORCL Oracle Corp. | Reduce -13.5% | 0.25% | −0.02 |
| KBWB Invesco KBW Bank ETF | Reduce -0.3% | 0.16% | −0.02 |
| AMBA Ambarella Inc. | Reduce -0.5% | 1.20% | +0.05 |
| MU Micron Technology Inc. | Reduce -8.5% | 3.63% | +0.13 |
| TSLA Tesla Inc. | Reduce -4.8% | 5.06% | +0.52 |
| WDC Western Digital Corp. | Reduce -12.4% | 2.19% | +0.60 |
Portfolio Buys Q2 2025 → Q3 2025
| UNH Unitedhealth Group Inc. | New | 3.06% | +3.06 |
| CRM Salesforce Inc. | New | 2.36% | +2.36 |
| EIX Edison International | New | 1.84% | +1.84 |
| CAG Conagra Brands Inc. | New | 1.70% | +1.70 |
| SBET Sharplink Inc. | New | 1.20% | +1.20 |
| INTC Intel Corp. | Add +3.6% | 2.45% | +0.56 |
| CLF Cleveland-Cliffs Inc. | Add +1.0% | 1.97% | +0.52 |
| GOOG Alphabet Inc. Class C | Add +0.3% | 2.74% | +0.36 |
| TROX Tronox Holdings PLC | Add +91.7% | 1.09% | +0.23 |
| AAPL Apple Inc. | Add +0.7% | 3.41% | +0.15 |
| TJX TJX Companies Inc. | New | 0.14% | +0.14 |
| JPM JPMorgan Chase & Co. | New | 0.14% | +0.14 |
| AES AES Corp. | Add +3.2% | 1.90% | +0.14 |
| VFC VF Corp. | Add +2.0% | 1.16% | +0.05 |
| NXST Nexstar Media Group Inc. | Add +19.0% | 0.35% | +0.04 |
| AGNC AGNC Investment Corp. | Add +13.4% | 0.76% | +0.01 |
| CVS CVS Health Corp. | Add +8.3% | 0.89% | −0.01 |
| PFE Pfizer Inc. | Add +10.9% | 0.69% | −0.02 |
| LNC Lincoln National Corp. | Add +1.3% | 2.58% | −0.03 |
| NNN NNN REIT Inc. | Add +14.9% | 0.67% | −0.04 |
| DES Wisdomtree US Smallcap Divid | Add +1.7% | 0.39% | −0.04 |
| FLG Flagstar Bank NA | Add +4.2% | 0.94% | −0.05 |
| MRNA Moderna Inc. | Add +18.6% | 0.70% | −0.05 |
| NLY Annaly Capital Management Inc. | Add +6.3% | 1.43% | −0.07 |
| AMLP Alerian MLP ETF | Add +14.8% | 1.11% | −0.09 |
| PMT Pennymac Mortgage Investment | Add +2.0% | 0.77% | −0.18 |
| DOW Dow Inc. | Add +23.3% | 1.51% | −0.18 |
| SM SM Energy Co. | Add +4.0% | 1.43% | −0.20 |
| QCOM Qualcomm Inc. | Add +2.5% | 1.74% | −0.20 |
| XOM Exxon Mobil Corp. | Add +1.5% | 1.85% | −0.23 |
| STWD Starwood Property Trust Inc. | Add +5.4% | 1.33% | −0.23 |
| HUN Huntsman Corp. | Add +10.6% | 0.96% | −0.25 |
| PB Prosperity Bancshares Inc. | Add +4.1% | 1.20% | −0.26 |
| BA The Boeing Co. | Add +2.3% | 1.99% | −0.27 |
| UPS United Parcel Service Class B | Add +25.0% | 1.83% | −0.28 |
| SBUX Starbucks Corp. | Add +1.0% | 1.09% | −0.31 |
| ACHR Archer Aviation Inc. Class A | Add +0.6% | 1.91% | −0.66 |
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 |