Condor Capital Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Condor Capital Management reported 188 stock positions worth $1.1 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 10.8% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 5.6%) and Vanguard Mrngstar GR ETF-Sui (VUG, 4.9%). Compared with Q4 2024, it opened 11 new positions, sold out of 11, added to 68 and reduced 84. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +53%) and the biggest sale First Trust Low Duration Opp (LMBS, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- MARTINSVILLE, NJ
- CIK
- 0001082491
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0001085146-25-002930 ↗ filed May 12, 2025
Holdings Value
Holdings 188 stocks · $1.1B
| VOO Vanguard S&P 500 ETF | 10.78% | 225,301 | $115.8M | Add +2.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.58% | 346,608 | $59.9M | Add +0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.92% | 142,359 | $52.8M | Add +0.2% |
| IEFA iShares Core MSCI Eafe ETF | 2.96% | 419,403 | $31.7M | Add +52.8% |
| VONV Vanguard Russell 1000 Value | 2.91% | 378,439 | $31.2M | Reduce -1.6% |
| AAPL Apple Inc. | 2.88% | 139,245 | $30.9M | Reduce -8.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 2.84% | 190,023 | $30.5M | Reduce -4.0% |
| IVE iShares S&P 500 Value ETF | 2.63% | 148,088 | $28.2M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.35% | 45,126 | $25.2M | Reduce -4.2% |
| IWF iShares Russell 1000 Growth | 2.25% | 67,047 | $24.2M | Add +2.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.07% | 86,008 | $22.2M | Reduce -7.3% |
| VONG Vanguard Russell 1000 Growth | 1.94% | 224,810 | $20.9M | Add +22.2% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.81% | 79,578 | $19.5M | Reduce -6.7% |
| MSFT Microsoft Corp. | 1.76% | 50,336 | $18.9M | Reduce -0.7% |
| META Meta Platforms Inc. Class A | 1.64% | 30,470 | $17.6M | Reduce -1.9% |
| ABND Americn Cent Co. PL in ETF-US | 1.54% | 379,186 | $16.6M | Add +3.0% |
| CGCP Cap Group Core Plus Income | 1.53% | 729,459 | $16.4M | Add +4.3% |
| GOOGL Alphabet Inc. Class A | 1.39% | 96,656 | $14.9M | Add +0.7% |
| IEMG iShares Core MSCI Emerging | 1.36% | 270,026 | $14.6M | Add +0.8% |
| AMZN Amazon.com Inc. | 1.28% | 72,353 | $13.8M | Reduce -2.3% |
| BIZD Vaneck BDC Income ETF | 1.27% | 814,425 | $13.6M | Reduce -19.1% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 1.26% | 143,917 | $13.5M | Add +0.4% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.24% | 253,392 | $13.3M | New |
| JMUB JPMorgan Municipal ETF | 1.21% | 259,854 | $13.0M | Add +3.8% |
| SMMU PIMCO SHRT TRM Muni BND ETF | 1.21% | 258,653 | $12.9M | Add +4.1% |
| HTRB Hartford TTL RTRN BND ETF | 1.15% | 363,552 | $12.3M | Add +3.2% |
| ITM Vaneck Intermediate Muni ETF | 1.04% | 245,726 | $11.2M | Add +4.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.95% | 129,266 | $10.2M | Reduce -55.9% |
| IJR iShares Core S&P Small-Cap E | 0.90% | 92,656 | $9.7M | Add +2.0% |
| V Visa Inc. Class A | 0.80% | 24,618 | $8.6M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 0.78% | 15,263 | $8.4M | Reduce -1.6% |
| RSPT Invesco S&P 500 Equal Weight | 0.78% | 244,103 | $8.3M | Reduce -0.3% |
| TAXF American Century Diver Muni | 0.75% | 163,130 | $8.1M | Add +3.8% |
| HEDJ Wisdomtree Europe Hedged Equ | 0.74% | 168,253 | $8.0M | Reduce -0.0% |
| DXJ Wisdomtree Japan Hedged Eq | 0.72% | 70,002 | $7.7M | Add +0.4% |
| SUB iShares Short-Term National | 0.72% | 72,933 | $7.7M | Add +4.8% |
| IWP iShares Russell Mid-Cap Grow | 0.65% | 59,083 | $6.9M | Add +2.1% |
| FVAL Fidelity Value Factor ETF | 0.60% | 107,365 | $6.4M | Add +3.1% |
| AXP American Express Co. | 0.55% | 21,790 | $5.9M | Reduce -0.9% |
| SLRC SLR Investment Corp. | 0.52% | 332,664 | $5.6M | Add +14.8% |
| OBDC Blue Owl Capital Corp. | 0.50% | 366,425 | $5.4M | Add +4.0% |
| TT Trane Technologies PLC | 0.49% | 15,749 | $5.3M | Reduce -0.5% |
| GBDC Golub Capital BDC Inc. | 0.48% | 342,054 | $5.2M | Add +11.2% |
| MFIC Midcap Financial Investment | 0.48% | 397,086 | $5.1M | Add +7.8% |
| HCA HCA Healthcare Inc. | 0.47% | 14,606 | $5.0M | Reduce -0.2% |
| CCAP Crescent Capital BDC Inc. | 0.47% | 293,289 | $5.0M | Add +3.3% |
| LOW Lowe's Cos Inc. | 0.46% | 21,301 | $5.0M | Reduce -16.2% |
| ARCC Ares Capital Corp. | 0.46% | 221,332 | $4.9M | Add +10.3% |
| HD Home Depot Inc. | 0.45% | 13,145 | $4.8M | Reduce -16.5% |
| SCHW Schwab (charles) Corp. | 0.45% | 61,286 | $4.8M | Reduce -1.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.44% | 21,203 | $4.7M | Reduce -14.3% |
| URI United Rentals Inc. | 0.43% | 7,408 | $4.6M | Add +0.8% |
| FSMB First Trust Short Dur Manag | 0.43% | 232,827 | $4.6M | Add +2.2% |
| SPG Simon Property Group Inc. | 0.43% | 27,733 | $4.6M | Reduce -1.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.43% | 45,726 | $4.6M | Add +0.0% |
| CGBD Carlyle Secured Lending Inc. | 0.42% | 275,409 | $4.5M | Add +3.2% |
| PBDC Putnam BDC Income ETF | 0.41% | 127,783 | $4.4M | Add +90.5% |
| CRM Salesforce Inc. | 0.40% | 16,009 | $4.3M | Reduce -1.9% |
| FBRT Franklin BSP Realty Trust Inc. | 0.39% | 331,568 | $4.2M | Add +9.7% |
| VEA Vanguard Ftse Developed ETF | 0.39% | 83,042 | $4.2M | Reduce -1.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.39% | 60,674 | $4.2M | Add +1.4% |
| SYK Stryker Corp. | 0.39% | 11,136 | $4.1M | Reduce -1.4% |
| SHW The Sherwin-Williams Co. | 0.38% | 11,785 | $4.1M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 0.38% | 16,494 | $4.0M | Reduce -1.0% |
| TRTX TPG Re Finance Trust Inc. | 0.35% | 464,230 | $3.8M | Add +5.9% |
| PH Parker Hannifin Corp. | 0.35% | 6,171 | $3.8M | Reduce -1.7% |
| SMB Vaneck Short Muni ETF | 0.34% | 214,518 | $3.7M | Add +4.4% |
| UNH Unitedhealth Group Inc. | 0.34% | 6,978 | $3.7M | Reduce -1.6% |
| FISV Fiserv Inc. | 0.34% | 16,500 | $3.6M | Reduce -2.5% |
| COST Costco Wholesale Corp. | 0.32% | 3,626 | $3.4M | Reduce -23.7% |
| AZO AutoZone Inc. | 0.32% | 887 | $3.4M | No change |
| IVV iShares Core S&P 500 ETF | 0.31% | 5,982 | $3.4M | Reduce -1.9% |
| UNP Union Pacific Corp. | 0.31% | 13,997 | $3.3M | Reduce -1.5% |
| BXMT Blackstone Mortgage Tru Class A | 0.30% | 162,144 | $3.2M | Add +6.6% |
| SCHF Schwab Intl Equity ETF | 0.30% | 162,791 | $3.2M | Add +1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 6,046 | $3.2M | Reduce -1.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.29% | 6,528 | $3.2M | No change |
| GS Goldman Sachs Group Inc. | 0.28% | 5,508 | $3.0M | Reduce -1.0% |
| SCHX Schwab US Large-Cap ETF | 0.28% | 135,061 | $3.0M | Reduce -0.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 29,718 | $2.9M | Reduce -1.9% |
| KREF KKR Real Estate Finance Trus | 0.27% | 270,093 | $2.9M | Add +7.5% |
| WMT Walmart Inc. | 0.27% | 32,929 | $2.9M | New |
| GD General Dynamics Corp. | 0.25% | 10,038 | $2.7M | Add +0.3% |
| IWS iShares Russell Mid-Cap Valu | 0.25% | 21,593 | $2.7M | Reduce -17.4% |
| GOOG Alphabet Inc. Class C | 0.25% | 17,329 | $2.7M | Reduce -1.9% |
| SCM Stellus Capital Investment C | 0.25% | 191,392 | $2.7M | Add +4.1% |
| SCHG Schwab US Large-Cap Growth | 0.25% | 106,649 | $2.7M | Reduce -0.2% |
| IYW iShares Ustechnology ETF | 0.25% | 18,733 | $2.6M | Reduce -0.4% |
| TWLO Twilio Inc. Class A | 0.24% | 26,683 | $2.6M | New |
| LMBS First Trust Low Duration Opp | 0.23% | 50,740 | $2.5M | Reduce -84.4% |
| LHX L3HARRIS Technologies Inc. | 0.23% | 11,853 | $2.5M | Add +0.8% |
| SNA Snap-on Inc. | 0.23% | 7,274 | $2.5M | Reduce -2.5% |
| DHR Danaher Corp. | 0.22% | 11,498 | $2.4M | Reduce -39.4% |
| AVY Avery Dennison Corp. | 0.22% | 13,185 | $2.3M | Reduce -0.2% |
| TSCO Tractor Supply Company | 0.22% | 42,532 | $2.3M | Reduce -0.6% |
| SOXQ Invesco PHLX Semiconductor | 0.21% | 67,844 | $2.3M | Add +3.0% |
| JNJ Johnson & Johnson | 0.21% | 13,750 | $2.3M | Reduce -31.9% |
| UBER Uber Technologies Inc. | 0.20% | 30,028 | $2.2M | Reduce -0.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.19% | 31,639 | $2.1M | Reduce -4.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 16,609 | $2.0M | Reduce -0.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $2K (not counted above)
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q4 2024 → Q1 2025
| LMBS First Trust Low Duration Opp | Reduce -84.4% | 0.23% | −1.16 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -55.9% | 0.95% | −1.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.56 |
| AAPL Apple Inc. | Reduce -8.5% | 2.88% | −0.48 |
| HYD Vaneck High Yield Muni ETF | Reduce -91.9% | 0.04% | −0.47 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.44 |
| FBCG Fidelity Blue Chip Grow ETF | Sold out | 0.00% | −0.39 |
| BIZD Vaneck BDC Income ETF | Reduce -19.1% | 1.27% | −0.20 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.17 |
| DHR Danaher Corp. | Reduce -39.4% | 0.22% | −0.16 |
| ADBE Adobe Inc. | Reduce -54.3% | 0.11% | −0.15 |
| AMZN Amazon.com Inc. | Reduce -2.3% | 1.28% | −0.15 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.14 |
| FBND Fidelity Total Bond ETF | Sold out | 0.00% | −0.13 |
| MSFT Microsoft Corp. | Reduce -0.7% | 1.76% | −0.12 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.12 |
| SMTH Alps SMTH Cor BD Plus ETF | Sold out | 0.00% | −0.10 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -6.7% | 1.81% | −0.09 |
| HD Home Depot Inc. | Reduce -16.5% | 0.45% | −0.09 |
| LOW Lowe's Cos Inc. | Reduce -16.2% | 0.46% | −0.09 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -7.3% | 2.07% | −0.09 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -14.3% | 0.44% | −0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.2% | 2.35% | −0.08 |
| CRM Salesforce Inc. | Reduce -1.9% | 0.40% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -23.7% | 0.32% | −0.06 |
| JEF Jefferies Financial Group Inc. | Reduce -1.0% | 0.11% | −0.05 |
| JNJ Johnson & Johnson | Reduce -31.9% | 0.21% | −0.04 |
| IWS iShares Russell Mid-Cap Valu | Reduce -17.4% | 0.25% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -1.9% | 0.25% | −0.04 |
| RSPT Invesco S&P 500 Equal Weight | Reduce -0.3% | 0.78% | −0.03 |
| AXP American Express Co. | Reduce -0.9% | 0.55% | −0.03 |
| TSLA Tesla Inc. | Reduce -7.5% | 0.05% | −0.03 |
| DIS The Walt Disney Co. | Reduce -1.9% | 0.27% | −0.02 |
| GTO Invesco Total Return Bond Et | Sold out | 0.00% | −0.02 |
| TT Trane Technologies PLC | Reduce -0.5% | 0.49% | −0.02 |
| GNRC Generac Holdings Inc. | Reduce -1.2% | 0.12% | −0.02 |
| IYW iShares Ustechnology ETF | Reduce -0.4% | 0.25% | −0.02 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.02 |
| MAR Marriott International Class A | Reduce -1.3% | 0.13% | −0.02 |
| SCHG Schwab US Large-Cap Growth | Reduce -0.2% | 0.25% | −0.01 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -5.3% | 0.10% | −0.01 |
| CCIRU Cohen Circle Acquisition Cor | Sold out | 0.00% | −0.01 |
| RPG Invesco S&P 500 Pure Growth | Reduce -28.8% | 0.03% | −0.01 |
| RPV Invesco S&P 500 Pure Value E | Reduce -14.1% | 0.16% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.2% | 0.14% | −0.01 |
| FNX First Trust Mid Cap Core Alp | Reduce -26.6% | 0.03% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Reduce -8.9% | 0.10% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -13.7% | 0.06% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -4.9% | 0.19% | −0.01 |
| PWV Invesco Large Cap Value ETF | Reduce -16.0% | 0.08% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| IEFA iShares Core MSCI Eafe ETF | Add +52.8% | 2.96% | +1.25 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 1.24% | +1.24 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.5% | 5.58% | +0.43 |
| VOO Vanguard S&P 500 ETF | Add +2.0% | 10.78% | +0.30 |
| WMT Walmart Inc. | New | 0.27% | +0.27 |
| VONG Vanguard Russell 1000 Growth | Add +22.2% | 1.94% | +0.27 |
| TWLO Twilio Inc. Class A | New | 0.24% | +0.24 |
| PBDC Putnam BDC Income ETF | Add +90.5% | 0.41% | +0.21 |
| CPAY Corpay Inc. | New | 0.18% | +0.18 |
| CGCP Cap Group Core Plus Income | Add +4.3% | 1.53% | +0.16 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.15% | +0.15 |
| ABND Americn Cent Co. PL in ETF-US | Add +3.0% | 1.54% | +0.14 |
| IGV iShares Expanded Tech-Softwa | New | 0.13% | +0.13 |
| IEMG iShares Core MSCI Emerging | Add +0.8% | 1.36% | +0.12 |
| SMMU PIMCO SHRT TRM Muni BND ETF | Add +4.1% | 1.21% | +0.11 |
| HTRB Hartford TTL RTRN BND ETF | Add +3.2% | 1.15% | +0.11 |
| SLRC SLR Investment Corp. | Add +14.8% | 0.52% | +0.11 |
| JMUB JPMorgan Municipal ETF | Add +3.8% | 1.21% | +0.10 |
| ITM Vaneck Intermediate Muni ETF | Add +4.9% | 1.04% | +0.09 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Add +0.4% | 1.26% | +0.07 |
| GBDC Golub Capital BDC Inc. | Add +11.2% | 0.48% | +0.07 |
| SUB iShares Short-Term National | Add +4.8% | 0.72% | +0.07 |
| ARCC Ares Capital Corp. | Add +10.3% | 0.46% | +0.07 |
| BXMT Blackstone Mortgage Tru Class A | Add +6.6% | 0.30% | +0.07 |
| NBIX Neurocrine Biosciences Inc. | New | 0.06% | +0.06 |
| FBRT Franklin BSP Realty Trust Inc. | Add +9.7% | 0.39% | +0.06 |
| TAXF American Century Diver Muni | Add +3.8% | 0.75% | +0.06 |
| KREF KKR Real Estate Finance Trus | Add +7.5% | 0.27% | +0.05 |
| DXJ Wisdomtree Japan Hedged Eq | Add +0.4% | 0.72% | +0.04 |
| MFIC Midcap Financial Investment | Add +7.8% | 0.48% | +0.04 |
| SCHF Schwab Intl Equity ETF | Add +1.1% | 0.30% | +0.04 |
| EFG iShares MSCI Eafe Growth ETF | Add +0.0% | 0.43% | +0.04 |
| SMB Vaneck Short Muni ETF | Add +4.4% | 0.34% | +0.03 |
| FSMB First Trust Short Dur Manag | Add +2.2% | 0.43% | +0.03 |
| FVAL Fidelity Value Factor ETF | Add +3.1% | 0.60% | +0.03 |
| OBDC Blue Owl Capital Corp. | Add +4.0% | 0.50% | +0.03 |
| SCM Stellus Capital Investment C | Add +4.1% | 0.25% | +0.03 |
| TRTX TPG Re Finance Trust Inc. | Add +5.9% | 0.35% | +0.02 |
| GD General Dynamics Corp. | Add +0.3% | 0.25% | +0.02 |
| GLD SPDR Gold Shares | New | 0.02% | +0.02 |
| XLE SS Energy Select Sector | New | 0.02% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +29.3% | 0.06% | +0.02 |
| HVIIU Hennessy Capital Investment | New | 0.01% | +0.01 |
| IHDG Wisdomtree International Hed | Add +3.4% | 0.16% | +0.01 |
| CCIR Cohen Circle Acquisitio Class A | New | 0.01% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +0.8% | 0.23% | +0.01 |
| PNNT Pennantpark Investment Corp. | Add +4.4% | 0.14% | +0.01 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Add +3.7% | 0.10% | +0.01 |
| USHY iShares Broad Usd High Yield | Add +4.1% | 0.08% | +0.01 |
| BNDX Vanguard Total Intl Bond ETF | Add +13.0% | 0.03% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 170 | $1.3B | VOO, VTV, VUG, IEFA, VONV |
| Q1 2026 | 171 | $1.2B | VOO, VTV, VUG, IEFA, VONV |
| Q4 2025 | 181 | $1.2B | VOO, VTV, VUG, IEFA, AAPL |
| Q3 2025 | 184 | $1.2B | VOO, VUG, VTV, IEFA, VONV |
| Q2 2025 | 184 | $1.2B | VOO, VUG, VTV, IEFA, VONV |
| Q1 2025 | 188 | $1.1B | VOO, VTV, VUG, IEFA, VONV |
| Q4 2024 | 188 | $1.1B | VOO, VTV, VUG, AAPL, VOE |
| Q3 2024 | 187 | $1.1B | VOO, VTV, VUG, AAPL, VOE |
| Q2 2024 | 188 | $1.0B | VOO, VTV, VUG, AAPL, VOE |
| Q1 2024 | 183 | $1.0B | VOO, VTV, VUG, VOE, VONV |