Crabel Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Crabel Capital Management, LLC reported 44 stock positions worth $92.6 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 6.4% of the portfolio, followed by iShares Tips Bond ETF (TIP, 6.2%) and iShares US Treasury Bond ETF (GOVT, 6.2%). Compared with Q4 2024, it opened 16 new positions, sold out of 9, added to 23 and reduced 5. The biggest buy was iShares US Treasury Bond ETF (GOVT, shares +1381%) and the biggest sale an exit from iShares National Muni Bond E (MUB).
- Most Recent 13F
- Q2 2026
- Location
- MILWAUKEE, WI
- CIK
- 0001536557
- Portfolio Value
- $92.6M (Q1 2025)
- SEC Filing
- 0001104659-25-048190 ↗ filed May 14, 2025
Holdings Value
Holdings 44 stocks · $92.6M
| AGG iShares Core U.S. Aggregate | 6.44% | 60,250 | $6.0M | Add +922.6% |
| TIP iShares Tips Bond ETF | 6.22% | 51,830 | $5.8M | Add +358.5% |
| GOVT iShares US Treasury Bond ETF | 6.19% | 249,361 | $5.7M | Add +1381.4% |
| VCIT Vanguard Int-Term Corporate | 5.81% | 65,790 | $5.4M | Add +431.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 5.42% | 63,672 | $5.0M | Add +52.3% |
| BND Vanguard Total Bond Market | 4.99% | 62,924 | $4.6M | Add +929.2% |
| EMB iShares JP Morgan Usd Emergi | 4.95% | 50,628 | $4.6M | Add +69.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 4.64% | 54,540 | $4.3M | New |
| JNK SS SPDR BB High Yield Bond | 4.61% | 44,839 | $4.3M | Add +48.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 4.37% | 37,208 | $4.0M | Add +145.9% |
| IEF iShares 7-10 Year Treasury B | 4.07% | 39,485 | $3.8M | Add +825.1% |
| BNDX Vanguard Total Intl Bond ETF | 3.37% | 63,922 | $3.1M | Add +623.6% |
| PFF iShares Preferred & Income S | 2.99% | 90,230 | $2.8M | Add +781.2% |
| SJNK SS SPDR BB St Hi Yield ETF | 2.97% | 109,467 | $2.8M | Add +74.6% |
| IEI iShares 3-7 Year Treasury Bo | 2.90% | 22,715 | $2.7M | Add +555.7% |
| GDX Vaneck Gold Miners ETF | 2.89% | 58,297 | $2.7M | New |
| EMLC Vaneck JPM Em Local Curr BND | 2.87% | 111,435 | $2.7M | Add +419.9% |
| GDXJ Vaneck Junior Gold Miners | 2.79% | 45,138 | $2.6M | Add +288.8% |
| TLT iShares 20+ Year Treasury BD | 2.47% | 25,126 | $2.3M | Add +298.9% |
| BKLN Invesco Senior Loan ETF | 2.33% | 104,264 | $2.2M | Add +5.6% |
| MBB iShares MBS ETF | 2.00% | 19,716 | $1.8M | New |
| VTIP Vanguard Short-Term Tips | 1.62% | 30,111 | $1.5M | New |
| SPAB SS SPDR P Agg Bond ETF | 1.45% | 52,654 | $1.3M | New |
| SHYG iShares 0-5 YR HY Corp. Bond | 1.24% | 26,906 | $1.1M | Add +136.6% |
| FLOT iShares Floating Rate Bond E | 1.08% | 19,658 | $1.0M | Reduce -7.9% |
| SCHZ Schwab US Aggregate Bond ETF | 1.05% | 42,032 | $973K | New |
| VMBS Vanguard Mortgage-Backed Sec | 0.99% | 19,799 | $917K | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.84% | 9,905 | $782K | New |
| FLRN SS SPDR BB Ig Float RT ETF | 0.69% | 20,580 | $634K | Add +177.1% |
| EEM iShares MSCI Emerging Market | 0.63% | 13,400 | $586K | Add +3.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.60% | 2,036 | $560K | Reduce -2.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.51% | 5,000 | $468K | New |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.46% | 8,566 | $425K | Reduce -53.0% |
| SHV iShares 0-1 Year Treasury Bo | 0.43% | 3,570 | $394K | New |
| MINT PIMCO Enhanced Short Maturit | 0.41% | 3,811 | $383K | New |
| BSV Vanguard Short-Term Bond ETF | 0.35% | 4,184 | $328K | New |
| PG The Procter & Gamble Co. | 0.30% | 1,638 | $279K | Add +2.7% |
| VZ Verizon Communications Inc. | 0.30% | 6,147 | $279K | Reduce -45.0% |
| KO The Coca-Cola Co. | 0.30% | 3,875 | $278K | New |
| PEP Pepsico Inc. | 0.30% | 1,831 | $275K | Add +4.0% |
| MRK Merck & Co. Inc. | 0.29% | 3,040 | $273K | New |
| INTC Intel Corp. | 0.29% | 11,799 | $268K | New |
| MSFT Microsoft Corp. | 0.29% | 712 | $267K | Reduce -32.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.27% | 2,966 | $245K | New |
Portfolio Sells Q4 2024 → Q1 2025
| MUB iShares National Muni Bond E | Sold out | 0.00% | −5.22 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -53.0% | 0.46% | −2.51 |
| FLOT iShares Floating Rate Bond E | Reduce -7.9% | 1.08% | −2.44 |
| HYD Vaneck High Yield Muni ETF | Sold out | 0.00% | −1.66 |
| BAC Bank of America Corp. | Sold out | 0.00% | −1.44 |
| WMT Walmart Inc. | Sold out | 0.00% | −1.44 |
| ADBE Adobe Inc. | Sold out | 0.00% | −1.44 |
| HD Home Depot Inc. | Sold out | 0.00% | −1.44 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.4% | 0.60% | −1.36 |
| VZ Verizon Communications Inc. | Reduce -45.0% | 0.30% | −1.15 |
| MSFT Microsoft Corp. | Reduce -32.1% | 0.29% | −1.15 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.87 |
| C Citigroup Inc. | Sold out | 0.00% | −0.87 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.86 |
Portfolio Buys Q4 2024 → Q1 2025
| GOVT iShares US Treasury Bond ETF | Add +1381.4% | 6.19% | +4.93 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 4.64% | +4.64 |
| AGG iShares Core U.S. Aggregate | Add +922.6% | 6.44% | +4.58 |
| BND Vanguard Total Bond Market | Add +929.2% | 4.99% | +3.56 |
| GDX Vaneck Gold Miners ETF | New | 2.89% | +2.89 |
| IEF iShares 7-10 Year Treasury B | Add +825.1% | 4.07% | +2.79 |
| VCIT Vanguard Int-Term Corporate | Add +431.5% | 5.81% | +2.58 |
| TIP iShares Tips Bond ETF | Add +358.5% | 6.22% | +2.31 |
| MBB iShares MBS ETF | New | 2.00% | +2.00 |
| BNDX Vanguard Total Intl Bond ETF | Add +623.6% | 3.37% | +1.96 |
| PFF iShares Preferred & Income S | Add +781.2% | 2.99% | +1.95 |
| VTIP Vanguard Short-Term Tips | New | 1.62% | +1.62 |
| IEI iShares 3-7 Year Treasury Bo | Add +555.7% | 2.90% | +1.60 |
| SPAB SS SPDR P Agg Bond ETF | New | 1.45% | +1.45 |
| EMLC Vaneck JPM Em Local Curr BND | Add +419.9% | 2.87% | +1.26 |
| GDXJ Vaneck Junior Gold Miners | Add +288.8% | 2.79% | +1.18 |
| SCHZ Schwab US Aggregate Bond ETF | New | 1.05% | +1.05 |
| VMBS Vanguard Mortgage-Backed Sec | New | 0.99% | +0.99 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.84% | +0.84 |
| TLT iShares 20+ Year Treasury BD | Add +298.9% | 2.47% | +0.68 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.51% | +0.51 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.43% | +0.43 |
| MINT PIMCO Enhanced Short Maturit | New | 0.41% | +0.41 |
| BSV Vanguard Short-Term Bond ETF | New | 0.35% | +0.35 |
| KO The Coca-Cola Co. | New | 0.30% | +0.30 |
| MRK Merck & Co. Inc. | New | 0.29% | +0.29 |
| INTC Intel Corp. | New | 0.29% | +0.29 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.27% | +0.27 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +177.1% | 0.69% | −0.06 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +136.6% | 1.24% | −0.34 |
| PG The Procter & Gamble Co. | Add +2.7% | 0.30% | −0.57 |
| PEP Pepsico Inc. | Add +4.0% | 0.30% | −0.57 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +145.9% | 4.37% | −0.88 |
| EEM iShares MSCI Emerging Market | Add +3.2% | 0.63% | −1.13 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +74.6% | 2.97% | −2.17 |
| EMB iShares JP Morgan Usd Emergi | Add +69.3% | 4.95% | −3.69 |
| BKLN Invesco Senior Loan ETF | Add +5.6% | 2.33% | −4.42 |
| JNK SS SPDR BB High Yield Bond | Add +48.0% | 4.61% | −4.78 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +52.3% | 5.42% | −5.25 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 51 | $136.9M | HYG, JNK, EMB, AGG, VCIT |
| Q1 2026 | 18 | $10.8M | HYG, ORCL, UNH, DIS, MSFT |
| Q4 2025 | 48 | $132.3M | HYG, JNK, SJNK, EMB, AGG |
| Q3 2025 | 53 | $111.7M | HYG, JNK, VCIT, LQD, SJNK |
| Q2 2025 | 48 | $163.3M | HYG, JNK, VCIT, TIP, EMB |
| Q1 2025 | 44 | $92.6M | AGG, TIP, GOVT, VCIT, HYG |
| Q4 2024 | 37 | $30.8M | HYG, JNK, EMB, BKLN, LQD |
| Q3 2024 | 48 | $142.2M | SJNK, JNK, TIP, AGG, HYG |
| Q2 2024 | 36 | $81.4M | WTPI, HYG, JNK, TIP, AGG |
| Q1 2024 | 58 | $115.0M | WTPI, VCSH, JNK, SJNK, EMB |