Cynosure Group, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Cynosure Group, LLC reported 367 stock positions worth $669.3 million. Its top holding was iShares 0-1 Year Treasury Bo (SHV) at 9.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 8.4%) and iShares Russell 1000 Growth (IWF, 7.8%). Compared with Q3 2024, it opened 21 new positions, sold out of 24, added to 60 and reduced 266. The biggest buy was a new position in iShares 20+ Year Treasury BD (TLT) and the biggest sale an exit from iShares 7-10 Year Treasury B (IEF).
- Most Recent 13F
- Q2 2026
- Location
- Salt Lake City, UT
- CIK
- 0001763409
- Portfolio Value
- $669.3M (Q4 2024)
- SEC Filing
- 0001172661-25-000700 ↗ filed Feb 12, 2025
Holdings Value
Holdings 367 stocks · $669.3M
| SHV iShares 0-1 Year Treasury Bo | 9.21% | 559,842 | $61.6M | Reduce -0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 8.36% | 95,480 | $56.0M | Add +0.2% |
| IWF iShares Russell 1000 Growth | 7.85% | 130,794 | $52.5M | Reduce -1.3% |
| IVV iShares Core S&P 500 ETF | 4.25% | 48,283 | $28.4M | Add +1.0% |
| SGOV iShares 0-3 Month Treasury B | 3.74% | 251,141 | $25.0M | Add +31.6% |
| ITOT iShares Core S&P Total U.S. | 3.54% | 184,443 | $23.7M | Reduce -2.3% |
| ICSH iShares Ultra Short Duration | 3.36% | 445,845 | $22.5M | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 3.07% | 38,006 | $20.5M | Add +24.0% |
| JPST JPMorgan Ultra-Short Income | 2.87% | 380,835 | $19.2M | Reduce -0.3% |
| QQQ Invesco QQQ Trust Series 1 | 2.66% | 34,871 | $17.8M | Add +20.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.50% | 327,421 | $16.8M | Add +20.3% |
| UNP Union Pacific Corp. | 2.19% | 64,299 | $14.7M | Add +0.1% |
| GE General Electric filed as GE AEROSPACE | 1.77% | 70,931 | $11.8M | Reduce -0.6% |
| GLD SPDR Gold Shares | 1.63% | 45,136 | $10.9M | Reduce -7.0% |
| TLT iShares 20+ Year Treasury BD | 1.61% | 123,413 | $10.8M | New |
| AGG iShares Core U.S. Aggregate | 1.42% | 98,328 | $9.5M | Reduce -4.3% |
| QUAL iShares MSCI USA Quality Fac | 1.27% | 47,701 | $8.5M | Reduce -3.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.22% | 33,917 | $8.2M | Add +180.1% |
| KVYO Klaviyo Inc. Class A | 1.20% | 194,643 | $8.0M | No change |
| WFC Wells Fargo & Co. | 1.07% | 102,396 | $7.2M | Reduce -4.4% |
| JAAA Janus Henderson Aaa Clo ETF | 1.01% | 132,760 | $6.7M | Add +1.3% |
| WDAY Workday Inc. Class A | 0.87% | 22,595 | $5.8M | Reduce -0.3% |
| GEV GE Vernova Inc. | 0.87% | 17,695 | $5.8M | Reduce -0.7% |
| SRLN SS Blackstone Sr Loan ETF | 0.76% | 122,604 | $5.1M | Add +89.1% |
| SCHX Schwab US Large-Cap ETF | 0.64% | 185,946 | $4.3M | Add +0.3% |
| IJH iShares Core S&P Midcap ETF | 0.63% | 68,030 | $4.2M | Reduce -0.2% |
| MSFT Microsoft Corp. | 0.63% | 9,971 | $4.2M | Reduce -20.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.62% | 14,371 | $4.2M | Reduce -36.8% |
| JPM JPMorgan Chase & Co. | 0.53% | 14,811 | $3.6M | Reduce -15.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.48% | 36,065 | $3.2M | New |
| GTM Zoominfo Technologies Inc. | 0.44% | 280,843 | $3.0M | Add +237.9% |
| AMZN Amazon.com Inc. | 0.43% | 13,057 | $2.9M | Reduce -34.3% |
| SCHD Schwab US DVD Equity ETF | 0.41% | 99,603 | $2.7M | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.40% | 37,612 | $2.6M | Reduce -14.8% |
| GEHC GE Healthcare Technology | 0.38% | 32,372 | $2.5M | Reduce -0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 4,786 | $2.5M | Add +189.2% |
| AAPL Apple Inc. | 0.36% | 9,716 | $2.4M | Reduce -46.8% |
| NVDA Nvidia Corp. | 0.35% | 17,636 | $2.4M | Reduce -40.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.34% | 26,710 | $2.3M | Add +246.6% |
| DHR Danaher Corp. | 0.33% | 9,512 | $2.2M | Add +449.5% |
| ICLR Icon PLC | 0.32% | 10,358 | $2.2M | Add +751.8% |
| CDW CDW Corp. | 0.32% | 12,221 | $2.1M | Add +6.6% |
| REM iShares Mortgage Real Estate | 0.32% | 99,233 | $2.1M | Add +1.3% |
| ELV Elevance Health Inc. | 0.32% | 5,735 | $2.1M | Add +647.7% |
| MPWR Monolithic Power Systems Inc. | 0.30% | 3,432 | $2.0M | Add +628.7% |
| BIZD Vaneck BDC Income ETF | 0.30% | 118,800 | $2.0M | Add +5.2% |
| VEA Vanguard Ftse Developed ETF | 0.28% | 38,776 | $1.9M | Add +41.5% |
| DG Dollar General Corp. | 0.27% | 24,265 | $1.8M | Reduce -4.3% |
| IDXX Idexx Laboratories Inc. | 0.27% | 4,429 | $1.8M | New |
| ASML ASML Holding NV-NY Reg SHS | 0.26% | 2,538 | $1.8M | New |
| COIN Coinbase Global Inc. Class A | 0.25% | 6,846 | $1.7M | Reduce -74.1% |
| IXN iShares Global Tech ETF | 0.24% | 19,222 | $1.6M | No change |
| FDN First Trust DJ Internet Ind | 0.24% | 6,585 | $1.6M | No change |
| VXUS Vanguard Total Intl Stock | 0.24% | 26,973 | $1.6M | New |
| TSLA Tesla Inc. | 0.22% | 3,711 | $1.5M | Add +35.0% |
| TPL Texas Pacific Land Corp. | 0.22% | 1,355 | $1.5M | Reduce -32.1% |
| AOA iShares Core 80/20 Aggressiv | 0.21% | 18,228 | $1.4M | No change |
| GOOGL Alphabet Inc. Class A | 0.20% | 7,186 | $1.4M | Reduce -38.0% |
| VIG Vanguard Dividend Apprec ETF | 0.19% | 6,643 | $1.3M | Add +59.5% |
| SCHF Schwab Intl Equity ETF | 0.19% | 68,157 | $1.3M | Add +1.8% |
| SCHA Schwab US Small-Cap ETF | 0.19% | 48,110 | $1.2M | Add +0.6% |
| CAT Caterpillar Inc. | 0.18% | 3,352 | $1.2M | Reduce -16.0% |
| LLY Eli Lilly & Co. | 0.18% | 1,560 | $1.2M | Reduce -26.5% |
| UFPT Ufp Technologies Inc. | 0.18% | 4,822 | $1.2M | Add +133.5% |
| GBTC Grayscale Bitcoin Trust ETF | 0.18% | 15,862 | $1.2M | Reduce -28.1% |
| BSCP Invesco Bulletshares 2025 CB | 0.15% | 47,578 | $982K | No change |
| DHI D.R. Horton Inc. | 0.15% | 6,970 | $975K | Add +199.8% |
| WFRD Weatherford International PL | 0.14% | 13,483 | $966K | Add +16.9% |
| LPG Dorian LPG Ltd. | 0.14% | 39,353 | $959K | Add +24.3% |
| MPC Marathon Petroleum Corp. | 0.14% | 6,853 | $956K | Reduce -1.7% |
| CHRD Chord Energy Corp. | 0.14% | 8,149 | $953K | Add +2.3% |
| PGR Progressive Corp. | 0.14% | 3,938 | $944K | Reduce -23.3% |
| HES Hess Corp. | 0.14% | 7,092 | $943K | Reduce -13.1% |
| SCHG Schwab US Large-Cap Growth | 0.14% | 33,841 | $943K | No change |
| BSCQ Invesco Bulletshares 2026 CB | 0.14% | 48,108 | $935K | No change |
| CR Crane Co. | 0.14% | 6,013 | $912K | Add +149.6% |
| ARES Ares Management Corp. Class A | 0.14% | 5,140 | $910K | Reduce -26.8% |
| FCNCA First Citizens Bcshs Class A | 0.14% | 430 | $909K | Reduce -23.6% |
| ITCI Intra-Cellular Therapies Inc. | 0.14% | 10,841 | $905K | Reduce -24.9% |
| BSCR Invesco Bulletshares 2027 CB | 0.13% | 45,719 | $891K | No change |
| CTAS Cintas Corp. | 0.13% | 4,869 | $890K | Add +156.0% |
| IWR iShares Russell Mid-Cap ETF | 0.13% | 10,030 | $887K | Add +0.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.13% | 2,159 | $886K | Add +0.1% |
| CACI Caci International Inc. Class A | 0.13% | 2,188 | $884K | Add +197.3% |
| HCA HCA Healthcare Inc. | 0.13% | 2,908 | $873K | Add +114.0% |
| ENPH Enphase Energy Inc. | 0.13% | 12,695 | $872K | Add +35.3% |
| BSCS Invesco Bulletshares 2028 CB | 0.13% | 41,794 | $841K | No change |
| HOOD Robinhood Markets Inc. Class A | 0.12% | 22,326 | $832K | New |
| VEU Vanguard Ftse All-World Ex-U | 0.12% | 14,249 | $818K | Reduce -71.5% |
| SCHW Schwab (charles) Corp. | 0.12% | 10,987 | $813K | Reduce -4.3% |
| SCHM Schwab US Mid Cap ETF | 0.12% | 29,333 | $813K | Add +0.3% |
| PSP Invesco Global Listed Privat | 0.12% | 11,825 | $790K | Add +51.0% |
| IIPR Innovative Industrial Proper | 0.12% | 11,833 | $789K | Add +345.0% |
| NFLX Netflix Inc. | 0.12% | 884 | $788K | Reduce -27.0% |
| NOW ServiceNow Inc. | 0.12% | 735 | $779K | Reduce -23.8% |
| META Meta Platforms Inc. Class A | 0.11% | 1,291 | $756K | Reduce -44.0% |
| EFA iShares MSCI Eafe ETF | 0.11% | 9,559 | $723K | Add +1.1% |
| SPGI S&P Global Inc. | 0.11% | 1,421 | $708K | Reduce -11.1% |
| TDW Tidewater Inc. | 0.10% | 12,429 | $680K | Add +29.2% |
| DKS Dick's Sporting Goods Inc. | 0.10% | 2,930 | $671K | Reduce -17.6% |
Portfolio Sells Q3 2024 → Q4 2024
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −1.70 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −1.62 |
| COIN Coinbase Global Inc. Class A | Reduce -74.1% | 0.25% | −0.43 |
| SR Spire Inc. | Sold out | 0.00% | −0.37 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -71.5% | 0.12% | −0.33 |
| WST West Pharmaceutical Services | Reduce -87.3% | 0.05% | −0.31 |
| DXCM Dexcom Inc. | Reduce -89.8% | 0.04% | −0.31 |
| ZG Zillow Group Inc. Class A | Sold out | 0.00% | −0.30 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -36.8% | 0.62% | −0.26 |
| AAPL Apple Inc. | Reduce -46.8% | 0.36% | −0.26 |
| GE General Electric | Reduce -0.6% | 1.77% | −0.19 |
| SUB iShares Short-Term National | Sold out | 0.00% | −0.18 |
| NVDA Nvidia Corp. | Reduce -40.0% | 0.35% | −0.17 |
| JMST JPM Ultra-Short Muni Income | Sold out | 0.00% | −0.16 |
| MSFT Microsoft Corp. | Reduce -20.6% | 0.63% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.13 |
| USLM United States Lime & Mineral | Sold out | 0.00% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -34.3% | 0.43% | −0.11 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -14.8% | 0.40% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -26.5% | 0.18% | −0.09 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.09 |
| AGG iShares Core U.S. Aggregate | Reduce -4.3% | 1.42% | −0.09 |
| GLD SPDR Gold Shares | Reduce -7.0% | 1.63% | −0.09 |
| META Meta Platforms Inc. Class A | Reduce -44.0% | 0.11% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -38.0% | 0.20% | −0.08 |
| IEMG iShares Core MSCI Emerging | Reduce -50.5% | 0.06% | −0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.07 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.07 |
| MCK McKesson Corp. | Reduce -67.8% | 0.04% | −0.07 |
| ELF Elf Beauty Inc. | Reduce -53.9% | 0.08% | −0.07 |
| GEHC GE Healthcare Technology | Reduce -0.5% | 0.38% | −0.07 |
| CBZ Cbiz Inc. | Reduce -53.3% | 0.09% | −0.07 |
| OTTR Otter Tail Corp. | Reduce -59.1% | 0.04% | −0.06 |
| CONSOL ENERGY INC | Sold out | 0.00% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -52.4% | 0.04% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -50.4% | 0.06% | −0.05 |
| PGR Progressive Corp. | Reduce -23.3% | 0.14% | −0.05 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.05 |
| CAT Caterpillar Inc. | Reduce -16.0% | 0.18% | −0.05 |
| PEN Penumbra Inc. | Reduce -60.9% | 0.04% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -54.0% | 0.05% | −0.04 |
| DG Dollar General Corp. | Reduce -4.3% | 0.27% | −0.04 |
| TGT Target Corp. | Sold out | 0.00% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.04 |
| AXON Axon Enterprise Inc. | Reduce -54.3% | 0.08% | −0.03 |
| AMR Alpha Metallurgical Resource | Reduce -17.0% | 0.09% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.03 |
| PWR Quanta Services Inc. | Reduce -34.4% | 0.08% | −0.03 |
| TPL Texas Pacific Land Corp. | Reduce -32.1% | 0.22% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -34.6% | 0.04% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| TLT iShares 20+ Year Treasury BD | New | 1.61% | +1.61 |
| SGOV iShares 0-3 Month Treasury B | Add +31.6% | 3.74% | +0.94 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +180.1% | 1.22% | +0.80 |
| VOO Vanguard S&P 500 ETF | Add +24.0% | 3.07% | +0.71 |
| QQQ Invesco QQQ Trust Series 1 | Add +20.4% | 2.66% | +0.60 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.48% | +0.48 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +20.3% | 2.50% | +0.41 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 8.36% | +0.39 |
| SRLN SS Blackstone Sr Loan ETF | Add +89.1% | 0.76% | +0.37 |
| GTM Zoominfo Technologies Inc. | Add +237.9% | 0.44% | +0.32 |
| IDXX Idexx Laboratories Inc. | New | 0.27% | +0.27 |
| ICLR Icon PLC | Add +751.8% | 0.32% | +0.27 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.26% | +0.26 |
| ELV Elevance Health Inc. | Add +647.7% | 0.32% | +0.26 |
| DHR Danaher Corp. | Add +449.5% | 0.33% | +0.26 |
| MPWR Monolithic Power Systems Inc. | Add +628.7% | 0.30% | +0.24 |
| VXUS Vanguard Total Intl Stock | New | 0.24% | +0.24 |
| IVV iShares Core S&P 500 ETF | Add +1.0% | 4.25% | +0.23 |
| TMO Thermo Fisher Scientific Inc. | Add +189.2% | 0.37% | +0.22 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +246.6% | 0.34% | +0.21 |
| HOOD Robinhood Markets Inc. Class A | New | 0.12% | +0.12 |
| TSLA Tesla Inc. | Add +35.0% | 0.22% | +0.12 |
| SMCI Super Micro Computer Inc. | New | 0.08% | +0.08 |
| DHI D.R. Horton Inc. | Add +199.8% | 0.15% | +0.08 |
| CR Crane Co. | Add +149.6% | 0.14% | +0.08 |
| UFPT Ufp Technologies Inc. | Add +133.5% | 0.18% | +0.08 |
| CACI Caci International Inc. Class A | Add +197.3% | 0.13% | +0.08 |
| CTAS Cintas Corp. | Add +156.0% | 0.13% | +0.08 |
| VIG Vanguard Dividend Apprec ETF | Add +59.5% | 0.19% | +0.07 |
| VEA Vanguard Ftse Developed ETF | Add +41.5% | 0.28% | +0.07 |
| IIPR Innovative Industrial Proper | Add +345.0% | 0.12% | +0.07 |
| STWD Starwood Property Trust Inc. | New | 0.06% | +0.06 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.05% | +0.05 |
| BLK BlackRock Inc. | New | 0.05% | +0.05 |
| HCA HCA Healthcare Inc. | Add +114.0% | 0.13% | +0.05 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.05% | +0.05 |
| FTAI Ftai Aviation Ltd. | New | 0.05% | +0.05 |
| SFM Sprouts Farmers Market Inc. | New | 0.05% | +0.05 |
| LMT Lockheed Martin Corp. | New | 0.05% | +0.05 |
| IRM Iron Mountain Inc. | New | 0.04% | +0.04 |
| HWKN Hawkins Inc. | New | 0.04% | +0.04 |
| ONTO Onto Innovation Inc. | New | 0.04% | +0.04 |
| STE Steris PLC | New | 0.04% | +0.04 |
| PSP Invesco Global Listed Privat | Add +51.0% | 0.12% | +0.04 |
| IVW iShares S&P 500 Growth ETF | New | 0.04% | +0.04 |
| JAAA Janus Henderson Aaa Clo ETF | Add +1.3% | 1.01% | +0.03 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.03% | +0.03 |
| SCHX Schwab US Large-Cap ETF | Add +0.3% | 0.64% | +0.03 |
| PDX PIMCO Dynamic Income Strat | New | 0.03% | +0.03 |
| BIZD Vaneck BDC Income ETF | Add +5.2% | 0.30% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 180 | $665.5M | SGOV, SPY, IWF, SHV, VONG |
| Q1 2026 | 198 | $800.3M | SGOV, SPY, SHV, IWF, VOO |
| Q4 2025 | 399 | $983.1M | SGOV, SPY, SHV, IWF, GEHC |
| Q3 2025Amended | 371 | $920.7M | SGOV, SPY, SHV, IWF, VOO |
| Q2 2025 | 377 | $882.8M | SGOV, SHV, SPY, IWF, VOO |
| Q1 2025 | 375 | $725.7M | SGOV, SHV, SPY, IWF, VOO |
| Q4 2024 | 367 | $669.3M | SHV, SPY, IWF, IVV, SGOV |
| Q3 2024 | 370 | $686.1M | SHV, SPY, IWF, IVV, ITOT |
| Q2 2024 | 334 | $623.1M | SHV, SPY, IWF, IVV, ICSH |
| Q1 2024 | 313 | $556.9M | SHV, SPY, IWF, ICSH, IVV |