Courier Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Courier Capital LLC reported 373 stock positions worth $1.5 billion. Its top holding was iShares S&P 500 Growth ETF (IVW) at 6.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.6%) and Apple (AAPL, 4.0%). Compared with Q4 2024, it opened 28 new positions, sold out of 14, added to 166 and reduced 122. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +121%) and the biggest sale iShares S&P 500 Growth ETF (IVW, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- BUFFALO, NY
- CIK
- 0001015247
- Portfolio Value
- $1.5B (Q1 2025)
- SEC Filing
- 0001420506-25-000761 ↗ filed Apr 14, 2025
Holdings Value
Holdings 373 stocks · $1.5B
| IVW iShares S&P 500 Growth ETF | 6.24% | 1,027,464 | $95.4M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 4.59% | 124,718 | $70.1M | Add +2.7% |
| AAPL Apple Inc. | 3.99% | 274,341 | $60.9M | Reduce -1.3% |
| IVE iShares S&P 500 Value ETF | 3.71% | 297,613 | $56.7M | Add +1.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.44% | 463,097 | $37.2M | Add +12.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.04% | 610,727 | $31.2M | Add +18.1% |
| MSFT Microsoft Corp. | 2.01% | 81,977 | $30.8M | Add +1.6% |
| IJJ iShares S&P Mid-Cap 400 Valu | 1.86% | 237,682 | $28.5M | Add +0.2% |
| IJH iShares Core S&P Midcap ETF | 1.73% | 453,027 | $26.4M | Add +25.8% |
| RSP Invesco S&P 500 Equal Weight | 1.72% | 151,962 | $26.3M | Add +2.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.59% | 141,009 | $24.4M | Reduce -0.8% |
| EFA iShares MSCI Eafe ETF | 1.53% | 286,054 | $23.4M | Add +0.2% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.46% | 267,693 | $22.3M | Add +1.6% |
| IWN iShares Russell 2000 Value E | 1.46% | 147,378 | $22.3M | Add +0.8% |
| VNLA Janus Henderson Short Durati | 1.37% | 425,708 | $20.9M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 1.36% | 84,645 | $20.8M | Add +0.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.19% | 241,275 | $18.3M | Add +121.3% |
| VMBS Vanguard Mortgage-Backed Sec | 1.06% | 349,085 | $16.2M | Add +24.2% |
| VGK Vanguard Ftse Europe ETF | 1.02% | 222,949 | $15.7M | Add +1.1% |
| IJR iShares Core S&P Small-Cap E | 1.02% | 149,670 | $15.7M | Add +34.0% |
| MBB iShares MBS ETF | 0.99% | 161,727 | $15.2M | Add +195.8% |
| GOOG Alphabet Inc. Class C | 0.96% | 94,190 | $14.7M | Add +3.2% |
| V Visa Inc. Class A | 0.91% | 39,666 | $13.9M | Add +1.7% |
| BND Vanguard Total Bond Market | 0.90% | 188,177 | $13.8M | Add +6.4% |
| FEZ State Street SPDR Euro Stoxx | 0.83% | 231,862 | $12.6M | Add +1.6% |
| IWO iShares Russell 2000 Growth | 0.76% | 45,338 | $11.6M | Add +1.4% |
| FBND Fidelity Total Bond ETF | 0.75% | 252,159 | $11.5M | Reduce -2.5% |
| JNJ Johnson & Johnson | 0.72% | 65,990 | $10.9M | Add +1.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.69% | 89,489 | $10.6M | Add +151.1% |
| JEPI JPMorgan Equity Premium Inco | 0.69% | 184,998 | $10.6M | Add +124.2% |
| CVX Chevron Corp. | 0.68% | 62,072 | $10.4M | Add +0.5% |
| AMZN Amazon.com Inc. | 0.68% | 54,302 | $10.3M | Add +0.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.66% | 97,846 | $10.1M | Reduce -0.4% |
| IWM iShares Russell 2000 ETF | 0.66% | 50,350 | $10.0M | Add +0.5% |
| XOM Exxon Mobil Corp. | 0.65% | 83,303 | $9.9M | Add +1.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.63% | 38,718 | $9.6M | Add +0.1% |
| ORCL Oracle Corp. | 0.62% | 67,675 | $9.5M | Add +8.2% |
| CSCO Cisco Systems Inc. | 0.60% | 147,457 | $9.1M | Reduce -0.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.59% | 164,917 | $9.1M | Add +19.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.59% | 16,031 | $9.0M | Reduce -7.2% |
| FISI Financial Institutions Inc. | 0.58% | 352,584 | $8.8M | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 0.56% | 16,532 | $8.5M | Reduce -12.6% |
| SGOV iShares 0-3 Month Treasury B | 0.54% | 81,301 | $8.2M | Add +106.7% |
| COST Costco Wholesale Corp. | 0.52% | 8,462 | $8.0M | Add +2.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.52% | 10 | $8.0M | Add +900.0% |
| EFG iShares MSCI Eafe Growth ETF | 0.52% | 78,801 | $7.9M | Add +8.4% |
| GVI iShares Intermediate Governm | 0.50% | 72,631 | $7.7M | Add +2.2% |
| FLOT iShares Floating Rate Bond E | 0.50% | 150,397 | $7.7M | Reduce -5.0% |
| PEP Pepsico Inc. | 0.50% | 50,764 | $7.6M | Add +1.4% |
| RTX RTX Corp. | 0.50% | 57,431 | $7.6M | Add +0.2% |
| LIN Linde PLC | 0.50% | 16,285 | $7.6M | Reduce -7.0% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.49% | 176,234 | $7.5M | Add +1.7% |
| HDV iShares Core High Dividend E | 0.49% | 61,372 | $7.4M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.48% | 93,368 | $7.4M | Add +56.3% |
| JAAA Janus Henderson Aaa Clo ETF | 0.47% | 141,352 | $7.2M | Add +190.4% |
| WMT Walmart Inc. | 0.46% | 79,398 | $7.0M | Add +2.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.45% | 37,223 | $6.9M | Add +1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.45% | 153,015 | $6.9M | Add +7.5% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.45% | 223,803 | $6.9M | Reduce -2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 12,665 | $6.7M | Add +26.0% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.44% | 91,350 | $6.7M | Add +2.0% |
| PG The Procter & Gamble Co. | 0.43% | 38,863 | $6.6M | Add +8.2% |
| SPSB SS SPDR P St C Corp. ETF | 0.42% | 212,754 | $6.4M | Reduce -4.9% |
| EFV iShares MSCI Eafe Value ETF | 0.41% | 106,832 | $6.3M | Reduce -1.5% |
| LMT Lockheed Martin Corp. | 0.40% | 13,693 | $6.1M | Reduce -3.9% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.39% | 33,704 | $6.0M | Add +5.0% |
| MRK Merck & Co. Inc. | 0.39% | 66,566 | $6.0M | Reduce -0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.39% | 141,406 | $5.9M | Add +2.2% |
| VGLT Vanguard Long-Term Treasury | 0.39% | 102,235 | $5.9M | Add +220.8% |
| SPIB SS SPDR P Int C Corp. ETF | 0.38% | 174,679 | $5.8M | Add +225.0% |
| VRIG Invesco Variable Rate Invest | 0.38% | 230,037 | $5.8M | Reduce -52.0% |
| LOW Lowe's Cos Inc. | 0.36% | 23,435 | $5.5M | Reduce -1.8% |
| XLV SS Health Care Select Sector | 0.35% | 37,078 | $5.4M | Reduce -16.5% |
| AXP American Express Co. | 0.35% | 19,985 | $5.4M | Add +8.2% |
| IJS iShares S&P Small-Cap 600 Va | 0.35% | 55,112 | $5.4M | Add +2.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.34% | 79,135 | $5.2M | Reduce -23.3% |
| ISCF iShares International Small | 0.34% | 153,404 | $5.2M | Add +95.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.33% | 53,941 | $5.1M | Add +777.8% |
| IYR iShares US Real Estate ETF | 0.33% | 52,728 | $5.0M | Add +1.5% |
| TDTF NT Iboxx 5Y Dur Tips ETF | 0.32% | 204,207 | $5.0M | Add +4.2% |
| AMGN Amgen Inc. | 0.32% | 15,860 | $4.9M | Reduce -3.2% |
| HD Home Depot Inc. | 0.32% | 13,291 | $4.9M | Add +5.7% |
| GLDM SPDR Gold Minishares Trust | 0.31% | 77,166 | $4.8M | Add +137.7% |
| MA Mastercard Inc. Class A | 0.31% | 8,619 | $4.7M | Add +17.4% |
| DFE Wisdomtree Eur S/C Dividend | 0.30% | 74,292 | $4.5M | Reduce -34.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 45,481 | $4.5M | Reduce -1.3% |
| XLI SS Industrial Select Sector | 0.29% | 34,193 | $4.5M | Add +5.1% |
| JSI JH Securitized Income ETF | 0.29% | 85,520 | $4.5M | Add +163.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.29% | 9,418 | $4.4M | Reduce -2.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 35,987 | $4.4M | Add +4.3% |
| IEMG iShares Core MSCI Emerging | 0.28% | 80,315 | $4.3M | Add +139.3% |
| VEA Vanguard Ftse Developed ETF | 0.28% | 84,796 | $4.3M | Add +72.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.28% | 54,143 | $4.3M | Reduce -14.8% |
| C Citigroup Inc. | 0.28% | 59,214 | $4.2M | Add +0.3% |
| ABT Abbott Laboratories | 0.26% | 30,454 | $4.0M | Reduce -0.1% |
| PAYX Paychex Inc. | 0.26% | 25,793 | $4.0M | Add +0.1% |
| IWP iShares Russell Mid-Cap Grow | 0.26% | 33,854 | $4.0M | No change |
| IXN iShares Global Tech ETF | 0.26% | 52,282 | $4.0M | Reduce -0.6% |
| LLY Eli Lilly & Co. | 0.26% | 4,776 | $3.9M | Reduce -0.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.25% | 17,531 | $3.9M | Reduce -0.9% |
Portfolio Sells Q4 2024 → Q1 2025
| IVW iShares S&P 500 Growth ETF | Reduce -0.1% | 6.24% | −0.96 |
| AAPL Apple Inc. | Reduce -1.3% | 3.99% | −0.81 |
| VRIG Invesco Variable Rate Invest | Reduce -52.0% | 0.38% | −0.45 |
| VGSH Vanguard Short-Term Treasury | Reduce -87.2% | 0.04% | −0.32 |
| TMO Thermo Fisher Scientific Inc. | Reduce -65.2% | 0.24% | −0.20 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -47.1% | 0.20% | −0.19 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -90.3% | 0.02% | −0.17 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -23.3% | 0.34% | −0.15 |
| VOO Vanguard S&P 500 ETF | Reduce -12.6% | 0.56% | −0.15 |
| DFE Wisdomtree Eur S/C Dividend | Reduce -34.2% | 0.30% | −0.14 |
| XLE SS Energy Select Sector | Reduce -45.4% | 0.19% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.2% | 0.59% | −0.11 |
| PFF iShares Preferred & Income S | Reduce -25.8% | 0.24% | −0.11 |
| NVDA Nvidia Corp. | Reduce -3.3% | 0.25% | −0.09 |
| CRM Salesforce Inc. | Reduce -6.4% | 0.21% | −0.09 |
| VNLA Janus Henderson Short Durati | Reduce -1.1% | 1.37% | −0.08 |
| LMT Lockheed Martin Corp. | Reduce -3.9% | 0.40% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -0.7% | 0.39% | −0.07 |
| XLV SS Health Care Select Sector | Reduce -16.5% | 0.35% | −0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.8% | 1.59% | −0.07 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -14.8% | 0.28% | −0.06 |
| SCHX Schwab US Large-Cap ETF | Sold out | 0.00% | −0.06 |
| DIS The Walt Disney Co. | Reduce -1.3% | 0.29% | −0.06 |
| WHR Whirlpool Corp. | Reduce -2.4% | 0.15% | −0.06 |
| XLP SS Consumer Staples Sel Sect | Reduce -53.5% | 0.05% | −0.05 |
| AVGO Broadcom Inc. | Reduce -23.2% | 0.06% | −0.05 |
| FLOT iShares Floating Rate Bond E | Reduce -5.0% | 0.50% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.3% | 0.29% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -1.8% | 0.36% | −0.05 |
| IXN iShares Global Tech ETF | Reduce -0.6% | 0.26% | −0.05 |
| FBND Fidelity Total Bond ETF | Reduce -2.5% | 0.75% | −0.05 |
| TSLA Tesla Inc. | Reduce -79.5% | 0.02% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.3% | 0.12% | −0.04 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -4.9% | 0.42% | −0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.9% | 0.25% | −0.04 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -2.6% | 0.45% | −0.04 |
| UPS United Parcel Service Class B | Reduce -4.1% | 0.13% | −0.03 |
| PRU Prudential Financial Inc. | Reduce -3.9% | 0.18% | −0.03 |
| DEO Diageo PLC-Sponsored ADR | Reduce -0.9% | 0.09% | −0.03 |
| GIS General Mills Inc. | Reduce -57.8% | 0.02% | −0.03 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.02 |
| IEUS iShares MSCI Europe Small-Ca | Reduce -21.2% | 0.10% | −0.02 |
| XLB SS Materials Select Sector | Reduce -43.6% | 0.03% | −0.02 |
| R Ryder System Inc. | Reduce -1.8% | 0.14% | −0.02 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.02 |
| VRP Invesco Variable Rate Prefer | Reduce -28.7% | 0.04% | −0.02 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -0.4% | 0.66% | −0.02 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.02 |
| DELL Dell Technologies -C | Reduce -2.9% | 0.05% | −0.02 |
| AMP Ameriprise Financial Inc. | Reduce -3.1% | 0.09% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| IEFA iShares Core MSCI Eafe ETF | Add +121.3% | 1.19% | +0.67 |
| MBB iShares MBS ETF | Add +195.8% | 0.99% | +0.65 |
| HDV iShares Core High Dividend E | New | 0.49% | +0.49 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +900.0% | 0.52% | +0.48 |
| IEI iShares 3-7 Year Treasury Bo | Add +151.1% | 0.69% | +0.41 |
| JEPI JPMorgan Equity Premium Inco | Add +124.2% | 0.69% | +0.36 |
| JAAA Janus Henderson Aaa Clo ETF | Add +190.4% | 0.47% | +0.30 |
| USMV iShares MSCI USA Min Vol Fac | Add +777.8% | 0.33% | +0.29 |
| VGLT Vanguard Long-Term Treasury | Add +220.8% | 0.39% | +0.26 |
| SGOV iShares 0-3 Month Treasury B | Add +106.7% | 0.54% | +0.26 |
| SPIB SS SPDR P Int C Corp. ETF | Add +225.0% | 0.38% | +0.26 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +18.1% | 2.04% | +0.22 |
| GLDM SPDR Gold Minishares Trust | Add +137.7% | 0.31% | +0.20 |
| IJH iShares Core S&P Midcap ETF | Add +25.8% | 1.73% | +0.18 |
| VMBS Vanguard Mortgage-Backed Sec | Add +24.2% | 1.06% | +0.18 |
| JSI JH Securitized Income ETF | Add +163.0% | 0.29% | +0.18 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +56.3% | 0.48% | +0.17 |
| ISCF iShares International Small | Add +95.7% | 0.34% | +0.16 |
| IEMG iShares Core MSCI Emerging | Add +139.3% | 0.28% | +0.16 |
| TXN Texas Instruments Inc. | New | 0.16% | +0.16 |
| IJR iShares Core S&P Small-Cap E | Add +34.0% | 1.02% | +0.14 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +26.0% | 0.44% | +0.13 |
| VEA Vanguard Ftse Developed ETF | Add +72.8% | 0.28% | +0.12 |
| IAU iShares Gold Trust | Add +153.7% | 0.17% | +0.11 |
| VCLT Vanguard Long-Term Corp. Bond | Add +141.8% | 0.15% | +0.09 |
| AVDV Avantis Intl S/C Value ETF | Add +143.1% | 0.13% | +0.08 |
| BKGI BNY Mellon GLBL Infra Inc. | Add +201.1% | 0.11% | +0.08 |
| BSV Vanguard Short-Term Bond ETF | New | 0.08% | +0.08 |
| FLCA Franklin Ftse Canada ETF | Add +148.6% | 0.13% | +0.07 |
| FEZ State Street SPDR Euro Stoxx | Add +1.6% | 0.83% | +0.07 |
| AVUV Avantis US Small Cap Value | Add +137.8% | 0.13% | +0.07 |
| MRSH Marsh & McLennan Cos | Add +48.2% | 0.17% | +0.07 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +19.2% | 0.59% | +0.07 |
| JNJ Johnson & Johnson | Add +1.0% | 0.72% | +0.06 |
| BSX Boston Scientific Corp. | Add +36.4% | 0.20% | +0.06 |
| CVX Chevron Corp. | Add +0.5% | 0.68% | +0.06 |
| IWD iShares Russell 1000 Value E | Add +60.1% | 0.17% | +0.06 |
| V Visa Inc. Class A | Add +1.7% | 0.91% | +0.06 |
| VGK Vanguard Ftse Europe ETF | Add +1.1% | 1.02% | +0.06 |
| JCPB JPMorgan Core Plus Bond ETF | Add +34.2% | 0.24% | +0.06 |
| CATH Global X S&P 500 Ca Val ETF | New | 0.05% | +0.05 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.63% | +0.04 |
| LFMD Lifemd Inc. | New | 0.04% | +0.04 |
| MA Mastercard Inc. Class A | Add +17.4% | 0.31% | +0.04 |
| XOM Exxon Mobil Corp. | Add +1.9% | 0.65% | +0.04 |
| UBER Uber Technologies Inc. | New | 0.04% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +0.2% | 1.53% | +0.04 |
| OCUL Ocular Therapeutix Inc. | Add +173.3% | 0.07% | +0.04 |
| RTX RTX Corp. | Add +0.2% | 0.50% | +0.04 |
| RIO Rio Tinto PLC-Spon ADR | Add +72.3% | 0.08% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 399 | $2.0B | IVW, IVV, AAPL, IVE, SPYG |
| Q1 2026Amended | 385 | $1.8B | IVW, IVV, AAPL, IVE, SPYG |
| Q4 2025 | 384 | $1.8B | IVW, IVV, AAPL, IVE, SPYG |
| Q3 2025 | 390 | $1.7B | IVW, IVV, AAPL, IVE, SPYG |
| Q2 2025 | 386 | $1.6B | IVW, IVV, IVE, AAPL, SPYG |
| Q1 2025 | 373 | $1.5B | IVW, IVV, AAPL, IVE, SPYG |
| Q4 2024 | 359 | $1.4B | IVW, IVV, AAPL, IVE, SPYG |
| Q3 2024 | 357 | $1.5B | IVW, IVV, AAPL, IVE, MSFT |
| Q2 2024 | 339 | $1.3B | IVW, IVV, AAPL, IVE, MSFT |
| Q1 2024 | 356 | $1.4B | IVW, IVV, IVE, AAPL, MSFT |