Courier Capital LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 29, 2025), Courier Capital LLC reported 390 stock positions worth $1.7 billion. Its top holding was iShares S&P 500 Growth ETF (IVW) at 6.9% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.6%) and Apple (AAPL, 3.8%). Compared with Q2 2025, it opened 14 new positions, sold out of 10, added to 122 and reduced 184. The biggest buy was iShares Core MSCI Dev MKTS (IDEV, shares +357%) and the biggest sale Invesco S&P 500 Equal Weight (RSP, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- BUFFALO, NY
- CIK
- 0001015247
- Portfolio Value
- $1.7B (Q3 2025)
- SEC Filing
- 0001420506-25-002924 ↗ filed Oct 29, 2025
Holdings Value
Holdings 390 stocks · $1.7B
| IVW iShares S&P 500 Growth ETF | 6.91% | 998,419 | $120.5M | Reduce -2.1% |
| IVV iShares Core S&P 500 ETF | 4.63% | 120,761 | $80.8M | Reduce -1.7% |
| AAPL Apple Inc. | 3.79% | 259,728 | $66.1M | Reduce -3.5% |
| IVE iShares S&P 500 Value ETF | 3.49% | 295,100 | $60.9M | Reduce -0.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.00% | 501,035 | $52.4M | Add +1.1% |
| MSFT Microsoft Corp. | 2.40% | 80,840 | $41.9M | Reduce -0.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.19% | 690,706 | $38.2M | Add +4.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 1.79% | 241,011 | $31.3M | Add +0.8% |
| IJH iShares Core S&P Midcap ETF | 1.75% | 469,409 | $30.6M | Add +1.0% |
| EFA iShares MSCI Eafe ETF | 1.55% | 290,485 | $27.1M | Add +0.8% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.54% | 280,629 | $26.9M | Add +0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.54% | 143,831 | $26.8M | Add +0.5% |
| IWN iShares Russell 2000 Value E | 1.53% | 150,787 | $26.7M | Add +1.1% |
| JPM JPMorgan Chase & Co. | 1.46% | 80,946 | $25.5M | Reduce -2.5% |
| IEFA iShares Core MSCI Eafe ETF | 1.23% | 245,685 | $21.5M | Reduce -9.4% |
| GOOG Alphabet Inc. Class C | 1.23% | 87,892 | $21.4M | Reduce -3.9% |
| VNLA Janus Henderson Short Durati | 1.18% | 417,948 | $20.6M | Reduce -0.9% |
| VMBS Vanguard Mortgage-Backed Sec | 1.15% | 426,599 | $20.0M | Add +0.5% |
| VGK Vanguard Ftse Europe ETF | 1.14% | 248,601 | $19.8M | Add +8.2% |
| IJR iShares Core S&P Small-Cap E | 1.11% | 162,320 | $19.3M | Add +3.2% |
| MBB iShares MBS ETF | 1.09% | 200,272 | $19.1M | Add +6.9% |
| RSP Invesco S&P 500 Equal Weight | 0.99% | 91,200 | $17.3M | Reduce -17.8% |
| ORCL Oracle Corp. | 0.98% | 61,002 | $17.2M | Reduce -8.6% |
| IEI iShares 3-7 Year Treasury Bo | 0.94% | 137,842 | $16.5M | Reduce -0.9% |
| IWO iShares Russell 2000 Growth | 0.86% | 46,915 | $15.0M | Add +1.8% |
| FEZ State Street SPDR Euro Stoxx | 0.83% | 233,489 | $14.5M | Reduce -0.3% |
| V Visa Inc. Class A | 0.75% | 38,523 | $13.2M | Reduce -2.9% |
| FBND Fidelity Total Bond ETF | 0.73% | 274,015 | $12.7M | Add +4.4% |
| IWM iShares Russell 2000 ETF | 0.70% | 50,691 | $12.3M | Add +0.4% |
| JEPI JPMorgan Equity Premium Inco | 0.70% | 212,913 | $12.2M | Add +1.6% |
| JNJ Johnson & Johnson | 0.70% | 65,436 | $12.1M | Reduce -1.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.69% | 178,705 | $12.1M | Add +2.3% |
| AMZN Amazon.com Inc. | 0.68% | 53,793 | $11.8M | Reduce -2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.61% | 16,039 | $10.7M | Reduce -0.4% |
| STIP iShares 0-5 Year Tips Bond E | 0.60% | 102,083 | $10.6M | Add +0.3% |
| HDV iShares Core High Dividend E | 0.57% | 81,859 | $10.0M | Add +12.4% |
| CSCO Cisco Systems Inc. | 0.56% | 143,949 | $9.8M | Reduce -2.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.55% | 186,980 | $9.6M | Add +10.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.55% | 33,975 | $9.6M | Add +1.8% |
| RTX RTX Corp. | 0.54% | 56,742 | $9.5M | Reduce -0.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.54% | 83,215 | $9.5M | Reduce -0.9% |
| JAAA Janus Henderson Aaa Clo ETF | 0.54% | 185,001 | $9.4M | Add +9.5% |
| BND Vanguard Total Bond Market | 0.53% | 124,508 | $9.3M | Reduce -1.9% |
| XOM Exxon Mobil Corp. | 0.52% | 80,148 | $9.0M | Reduce -1.1% |
| GVI iShares Intermediate Governm | 0.50% | 81,131 | $8.7M | Add +5.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.48% | 98,860 | $8.4M | Add +1.0% |
| VWO Vanguard Ftse Emerging Marke | 0.47% | 152,882 | $8.3M | Add +0.0% |
| CVX Chevron Corp. | 0.47% | 52,798 | $8.2M | Reduce -0.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.45% | 37,907 | $7.9M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.45% | 8,420 | $7.8M | Reduce -0.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.45% | 89,270 | $7.8M | Reduce -23.0% |
| VEA Vanguard Ftse Developed ETF | 0.44% | 127,893 | $7.7M | Reduce -0.3% |
| LIN Linde PLC | 0.43% | 15,916 | $7.6M | Reduce -1.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.43% | 10 | $7.5M | No change |
| FLOT iShares Floating Rate Bond E | 0.43% | 147,249 | $7.5M | Reduce -3.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.43% | 78,024 | $7.4M | Add +9.1% |
| WMT Walmart Inc. | 0.42% | 70,434 | $7.3M | Reduce -0.5% |
| SGOV iShares 0-3 Month Treasury B | 0.41% | 71,651 | $7.2M | Reduce -28.4% |
| EFV iShares MSCI Eafe Value ETF | 0.41% | 104,780 | $7.1M | Reduce -1.8% |
| SPSB SS SPDR P St C Corp. ETF | 0.40% | 232,588 | $7.0M | Add +2.5% |
| PEP Pepsico Inc. | 0.40% | 49,461 | $6.9M | Reduce -2.3% |
| VRIG Invesco Variable Rate Invest | 0.39% | 272,380 | $6.8M | Reduce -1.8% |
| ISCF iShares International Small | 0.39% | 165,538 | $6.8M | Add +5.6% |
| VGLT Vanguard Long-Term Treasury | 0.39% | 119,666 | $6.8M | Add +30.6% |
| GLDM SPDR Gold Minishares Trust | 0.38% | 87,139 | $6.7M | Add +5.2% |
| LMT Lockheed Martin Corp. | 0.38% | 13,331 | $6.7M | Reduce -1.3% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.38% | 214,583 | $6.6M | Reduce -3.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.37% | 32,891 | $6.5M | Reduce -1.8% |
| VOO Vanguard S&P 500 ETF | 0.37% | 10,605 | $6.5M | Reduce -19.9% |
| AXP American Express Co. | 0.37% | 19,455 | $6.5M | Reduce -1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.37% | 12,769 | $6.4M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 0.36% | 25,999 | $6.3M | Add +18.8% |
| IEMG iShares Core MSCI Emerging | 0.36% | 94,976 | $6.3M | Add +2.7% |
| C Citigroup Inc. | 0.35% | 59,699 | $6.1M | Reduce -0.3% |
| SPIB SS SPDR P Int C Corp. ETF | 0.34% | 175,882 | $6.0M | Reduce -3.6% |
| NVDA Nvidia Corp. | 0.33% | 31,192 | $5.8M | Reduce -11.9% |
| PG The Procter & Gamble Co. | 0.33% | 37,168 | $5.7M | Reduce -1.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.33% | 72,478 | $5.7M | Reduce -11.8% |
| LOW Lowe's Cos Inc. | 0.32% | 22,542 | $5.7M | Reduce -0.0% |
| JSI JH Securitized Income ETF | 0.32% | 107,908 | $5.6M | Add +8.9% |
| IYR iShares US Real Estate ETF | 0.31% | 56,065 | $5.4M | Add +5.0% |
| TDTF NT Iboxx 5Y Dur Tips ETF | 0.31% | 223,556 | $5.4M | Add +3.6% |
| IXN iShares Global Tech ETF | 0.31% | 51,718 | $5.3M | Reduce -1.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 46,417 | $5.3M | Reduce -1.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.30% | 8,845 | $5.3M | Add +1.8% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.30% | 120,873 | $5.2M | Add +2.2% |
| HD Home Depot Inc. | 0.30% | 12,850 | $5.2M | Reduce -2.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.30% | 35,987 | $5.2M | No change |
| DFE Wisdomtree Eur S/C Dividend | 0.29% | 72,387 | $5.1M | Reduce -1.5% |
| MA Mastercard Inc. Class A | 0.29% | 8,799 | $5.0M | Reduce -1.8% |
| IJS iShares S&P Small-Cap 600 Va | 0.28% | 44,063 | $4.9M | Reduce -2.3% |
| IWP iShares Russell Mid-Cap Grow | 0.27% | 33,614 | $4.8M | Reduce -0.1% |
| MRK Merck & Co. Inc. | 0.27% | 55,894 | $4.7M | Reduce -3.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.26% | 17,701 | $4.5M | Add +0.4% |
| XLV SS Health Care Select Sector | 0.25% | 31,873 | $4.4M | Reduce -2.9% |
| JCPB JPMorgan Core Plus Bond ETF | 0.25% | 93,081 | $4.4M | Add +6.7% |
| MDT Medtronic PLC | 0.25% | 46,246 | $4.4M | Add +10.5% |
| ABT Abbott Laboratories | 0.25% | 32,395 | $4.3M | Add +6.7% |
| IWF iShares Russell 1000 Growth | 0.24% | 9,123 | $4.3M | Reduce -1.6% |
| SCHW Schwab (charles) Corp. | 0.23% | 41,913 | $4.0M | Reduce -1.9% |
Portfolio Sells Q2 2025 → Q3 2025
| RSP Invesco S&P 500 Equal Weight | Reduce -17.8% | 0.99% | −0.23 |
| SGOV iShares 0-3 Month Treasury B | Reduce -28.4% | 0.41% | −0.20 |
| FISI Financial Institutions Inc. | Reduce -47.3% | 0.21% | −0.19 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -9.4% | 1.23% | −0.14 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -23.0% | 0.45% | −0.13 |
| V Visa Inc. Class A | Reduce -2.9% | 0.75% | −0.10 |
| TXN Texas Instruments Inc. | Reduce -47.0% | 0.07% | −0.09 |
| VOO Vanguard S&P 500 ETF | Reduce -19.9% | 0.37% | −0.08 |
| VNLA Janus Henderson Short Durati | Reduce -0.9% | 1.18% | −0.08 |
| BLV Vanguard Long-Term Bond ETF | Sold out | 0.00% | −0.07 |
| MSFT Microsoft Corp. | Reduce -0.8% | 2.40% | −0.06 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -0.9% | 0.94% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -0.2% | 0.45% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -2.6% | 0.68% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -2.6% | 0.56% | −0.06 |
| AMGN Amgen Inc. | Reduce -15.9% | 0.21% | −0.05 |
| DIS The Walt Disney Co. | Reduce -1.9% | 0.30% | −0.05 |
| WHR Whirlpool Corp. | Reduce -8.2% | 0.10% | −0.05 |
| PAYX Paychex Inc. | Reduce -0.7% | 0.19% | −0.04 |
| FLOT iShares Floating Rate Bond E | Reduce -3.3% | 0.43% | −0.04 |
| CRM Salesforce Inc. | Reduce -2.5% | 0.16% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -1.9% | 0.33% | −0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -11.8% | 0.33% | −0.04 |
| BND Vanguard Total Bond Market | Reduce -1.9% | 0.53% | −0.04 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -3.4% | 0.38% | −0.04 |
| TRV The Travelers Cos Inc. | Reduce -33.5% | 0.06% | −0.03 |
| IVE iShares S&P 500 Value ETF | Reduce -0.7% | 3.49% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -8.1% | 0.22% | −0.03 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -3.6% | 0.34% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -5.5% | 0.14% | −0.03 |
| VRIG Invesco Variable Rate Invest | Reduce -1.8% | 0.39% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -0.9% | 0.54% | −0.03 |
| LIN Linde PLC | Reduce -1.7% | 0.43% | −0.03 |
| UPS United Parcel Service Class B | Reduce -5.4% | 0.07% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -9.6% | 0.15% | −0.02 |
| UL Unilever PLC | Reduce -2.1% | 0.19% | −0.02 |
| MTB M & T Bank Corp. | Reduce -1.8% | 0.37% | −0.02 |
| DFE Wisdomtree Eur S/C Dividend | Reduce -1.5% | 0.29% | −0.02 |
| EZU iShares MSCI Eurozone ETF | Reduce -34.4% | 0.04% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -1.2% | 0.21% | −0.02 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.02 |
| CLIP Global X 1-3 Month T-Bill | Sold out | 0.00% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -1.8% | 0.29% | −0.02 |
| LSBK Lake Shore Bancorp Inc. | Sold out | 0.00% | −0.02 |
| FEZ State Street SPDR Euro Stoxx | Reduce -0.3% | 0.83% | −0.02 |
| PRU Prudential Financial Inc. | Reduce -0.8% | 0.15% | −0.02 |
| GWW WW Grainger Inc. | Reduce -1.5% | 0.09% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -0.2% | 0.15% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -2.9% | 0.25% | −0.01 |
| KO The Coca-Cola Co. | Reduce -3.7% | 0.08% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| IDEV iShares Core MSCI Dev MKTS | Add +357.1% | 0.22% | +0.18 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +1.1% | 3.00% | +0.13 |
| VNQ Vanguard Real Estate ETF | Add +783.7% | 0.15% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +18.8% | 0.36% | +0.13 |
| IWN iShares Russell 2000 Value E | Add +1.1% | 1.53% | +0.10 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +4.3% | 2.19% | +0.09 |
| CAT Caterpillar Inc. | Add +54.9% | 0.19% | +0.08 |
| VGLT Vanguard Long-Term Treasury | Add +30.6% | 0.39% | +0.08 |
| BAC Bank of America Corp. | Add +10.9% | 0.55% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +3.2% | 1.11% | +0.06 |
| IWO iShares Russell 2000 Growth | Add +1.8% | 0.86% | +0.06 |
| BNY Bank of New York Mellon Corp. | Add +158.7% | 0.09% | +0.06 |
| HDV iShares Core High Dividend E | Add +12.4% | 0.57% | +0.06 |
| VGK Vanguard Ftse Europe ETF | Add +8.2% | 1.14% | +0.06 |
| GLDM SPDR Gold Minishares Trust | Add +5.2% | 0.38% | +0.05 |
| GLW Corning Inc. | Add +1.1% | 0.15% | +0.05 |
| WFC Wells Fargo & Co. | Add +53.5% | 0.14% | +0.05 |
| IWM iShares Russell 2000 ETF | Add +0.4% | 0.70% | +0.04 |
| FSLR First Solar Inc. | Add +11.4% | 0.14% | +0.04 |
| TSLA Tesla Inc. | Add +599.0% | 0.06% | +0.04 |
| DLN Wisdomtree US Largecap Divid | Add +42.6% | 0.06% | +0.03 |
| MDT Medtronic PLC | Add +10.5% | 0.25% | +0.03 |
| KR Kroger Co. | Add +58.7% | 0.11% | +0.03 |
| MBB iShares MBS ETF | Add +6.9% | 1.09% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +2.7% | 0.36% | +0.02 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +2.3% | 0.69% | +0.02 |
| ISCF iShares International Small | Add +5.6% | 0.39% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +17.4% | 0.13% | +0.02 |
| NEM Newmont Corp. | New | 0.02% | +0.02 |
| LSBK Lake Shore Bancorp Inc. | New | 0.02% | +0.02 |
| DELL Dell Technologies -C | Add +16.3% | 0.09% | +0.02 |
| AVUV Avantis US Small Cap Value | Add +9.2% | 0.17% | +0.02 |
| JAAA Janus Henderson Aaa Clo ETF | Add +9.5% | 0.54% | +0.02 |
| USMV iShares MSCI USA Min Vol Fac | Add +9.1% | 0.43% | +0.02 |
| SCHX Schwab US Large-Cap ETF | New | 0.02% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +0.0% | 0.47% | +0.02 |
| PTL Inspire 500 ETF | New | 0.02% | +0.02 |
| NEE Nextera Energy Inc. | Add +12.8% | 0.11% | +0.01 |
| ESGU iShares ESG Aware MSCI USA | New | 0.01% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.8% | 0.30% | +0.01 |
| FAST Fastenal Co. | Add +3.1% | 0.11% | +0.01 |
| HPE Hewlett Packard Enterprise | New | 0.01% | +0.01 |
| SLYV SS SPDR S&P 600 SC Val ETF | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +5.6% | 0.11% | +0.01 |
| SYY Sysco Corp. | New | 0.01% | +0.01 |
| EBAY eBay Inc. | New | 0.01% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.01% | +0.01 |
| DOL Wisdomtree TR DVLP Intnl-Usd | New | 0.01% | +0.01 |
| SLYG SS SPDR S&P 600 SC GR ETF | New | 0.01% | +0.01 |
| JCI Johnson Controls Internation | New | 0.01% | +0.01 |
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 |