Cynosure Group, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Cynosure Group, LLC reported 377 stock positions worth $882.8 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 13.5% of the portfolio, followed by iShares 0-1 Year Treasury Bo (SHV, 7.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.9%). Compared with Q1 2025, it opened 26 new positions, sold out of 24, added to 217 and reduced 72. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +91%) and the biggest sale an exit from Invesco S&P 500 High Beta Et (SPHB).
- Most Recent 13F
- Q2 2026
- Location
- Salt Lake City, UT
- CIK
- 0001763409
- Portfolio Value
- $882.8M (Q2 2025)
- SEC Filing
- 0001172661-25-003073 ↗ filed Aug 12, 2025
Holdings Value
Holdings 377 stocks · $882.8M
| SGOV iShares 0-3 Month Treasury B | 13.53% | 1,185,882 | $119.4M | Add +90.9% |
| SHV iShares 0-1 Year Treasury Bo | 7.00% | 559,842 | $61.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.86% | 98,036 | $60.6M | Add +0.0% |
| IWF iShares Russell 1000 Growth | 6.26% | 130,208 | $55.3M | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 3.69% | 57,392 | $32.6M | Add +0.9% |
| IVV iShares Core S&P 500 ETF | 3.15% | 44,817 | $27.8M | Add +4.5% |
| VONG Vanguard Russell 1000 Growth | 3.15% | 254,256 | $27.8M | Add +2.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.61% | 41,705 | $23.0M | Add +177.5% |
| ICSH iShares Ultra Short Duration | 2.57% | 447,247 | $22.7M | Add +1.8% |
| ITOT iShares Core S&P Total U.S. | 2.30% | 150,532 | $20.3M | Reduce -3.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.20% | 370,454 | $19.4M | Add +0.4% |
| JPST JPMorgan Ultra-Short Income | 2.19% | 380,737 | $19.3M | Reduce -0.0% |
| GE General Electric filed as GE AEROSPACE | 1.81% | 62,027 | $16.0M | Add +26.7% |
| UNP Union Pacific Corp. | 1.68% | 64,310 | $14.8M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.67% | 49,997 | $14.7M | Add +0.0% |
| GLD SPDR Gold Shares | 1.62% | 46,945 | $14.3M | No change |
| AGG iShares Core U.S. Aggregate | 1.35% | 120,016 | $11.9M | Add +8.6% |
| COIN Coinbase Global Inc. Class A | 1.22% | 30,814 | $10.8M | Add +350.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.20% | 44,743 | $10.6M | Reduce -1.3% |
| QUAL iShares MSCI USA Quality Fac | 0.96% | 46,490 | $8.5M | Add +0.4% |
| GEV GE Vernova Inc. | 0.79% | 13,166 | $7.0M | Add +7.9% |
| WDAY Workday Inc. Class A | 0.67% | 24,471 | $5.9M | Add +2.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.57% | 98,714 | $5.0M | Reduce -30.1% |
| SRLN SS Blackstone Sr Loan ETF | 0.56% | 118,967 | $4.9M | Reduce -31.9% |
| KVYO Klaviyo Inc. Class A | 0.54% | 141,884 | $4.8M | No change |
| SCHX Schwab US Large-Cap ETF | 0.52% | 187,049 | $4.6M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 0.52% | 15,707 | $4.6M | Add +2.8% |
| MSFT Microsoft Corp. | 0.51% | 9,110 | $4.5M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.47% | 13,611 | $4.1M | Reduce -5.3% |
| WFC Wells Fargo & Co. | 0.46% | 51,198 | $4.1M | No change |
| CAT Caterpillar Inc. | 0.44% | 9,966 | $3.9M | Add +157.4% |
| REM iShares Mortgage Real Estate | 0.39% | 161,494 | $3.5M | Add +25.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.39% | 36,320 | $3.4M | Add +0.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.38% | 40,380 | $3.4M | Add +0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 7,634 | $3.1M | Add +423.9% |
| CHDN Churchill Downs Inc. | 0.32% | 28,379 | $2.9M | Add +808.1% |
| GTM Zoominfo Technologies Inc. | 0.32% | 280,843 | $2.8M | No change |
| UNH Unitedhealth Group Inc. | 0.32% | 9,098 | $2.8M | Add +1122.8% |
| V Visa Inc. Class A | 0.30% | 7,575 | $2.7M | Add +403.0% |
| NVDA Nvidia Corp. | 0.30% | 16,847 | $2.7M | Reduce -1.5% |
| BR Broadridge Financial Solutio | 0.30% | 10,853 | $2.6M | Add +634.3% |
| BIZD Vaneck BDC Income ETF | 0.29% | 156,439 | $2.5M | Add +2.1% |
| AMZN Amazon.com Inc. | 0.27% | 10,683 | $2.3M | Add +0.9% |
| ROOT Root Inc./Oh Class A | 0.25% | 17,389 | $2.2M | Add +0.5% |
| MCO Moody's Corp. | 0.25% | 4,431 | $2.2M | New |
| KEYS Keysight Technologies Inc. | 0.25% | 13,557 | $2.2M | Add +472.8% |
| VXUS Vanguard Total Intl Stock | 0.25% | 32,126 | $2.2M | Add +4.9% |
| HOOD Robinhood Markets Inc. Class A | 0.24% | 22,326 | $2.1M | No change |
| TPL Texas Pacific Land Corp. | 0.23% | 1,927 | $2.0M | Add +43.0% |
| VEA Vanguard Ftse Developed ETF | 0.22% | 33,775 | $1.9M | Reduce -11.8% |
| AAPL Apple Inc. | 0.21% | 8,884 | $1.8M | Add +9.5% |
| IT Gartner Inc. | 0.20% | 4,464 | $1.8M | Add +33.9% |
| FDN First Trust DJ Internet Ind | 0.20% | 6,585 | $1.8M | New |
| CPRT Copart Inc. | 0.20% | 35,932 | $1.8M | Add +431.3% |
| SCHA Schwab US Small-Cap ETF | 0.20% | 68,651 | $1.7M | Add +42.4% |
| GBTC Grayscale Bitcoin Trust ETF | 0.19% | 20,079 | $1.7M | Add +2.1% |
| NFLX Netflix Inc. | 0.19% | 1,265 | $1.7M | Add +1.2% |
| LLY Eli Lilly & Co. | 0.18% | 2,034 | $1.6M | Add +22.0% |
| SCHF Schwab Intl Equity ETF | 0.18% | 71,193 | $1.6M | Add +0.5% |
| GEHC GE Healthcare Technology | 0.17% | 20,645 | $1.5M | No change |
| AOA iShares Core 80/20 Aggressiv | 0.17% | 18,228 | $1.5M | No change |
| MTD Mettler-Toledo International | 0.16% | 1,238 | $1.5M | New |
| ROL Rollins Inc. | 0.16% | 25,499 | $1.4M | New |
| CHD Church & Dwight Co. Inc. | 0.16% | 14,772 | $1.4M | New |
| NDSN Nordson Corp. | 0.16% | 6,518 | $1.4M | New |
| IJH iShares Core S&P Midcap ETF | 0.15% | 21,535 | $1.3M | Reduce -0.5% |
| ARES Ares Management Corp. Class A | 0.15% | 7,425 | $1.3M | Add +8.0% |
| HES Hess Corp. | 0.14% | 9,176 | $1.3M | Add +28.5% |
| GOOGL Alphabet Inc. Class A | 0.14% | 7,188 | $1.3M | Add +0.0% |
| FCNCA First Citizens Bcshs Class A | 0.14% | 637 | $1.2M | Add +12.2% |
| SNOW Snowflake Inc. | 0.14% | 5,513 | $1.2M | New |
| PSP Invesco Global Listed Privat | 0.14% | 17,419 | $1.2M | Add +15.3% |
| PGR Progressive Corp. | 0.13% | 4,340 | $1.2M | Add +15.5% |
| SITE Siteone Landscape Supply Inc. | 0.13% | 9,340 | $1.1M | New |
| SCHD Schwab US DVD Equity ETF | 0.12% | 40,209 | $1.1M | Add +0.1% |
| SCHW Schwab (charles) Corp. | 0.11% | 11,066 | $1.0M | Add +0.4% |
| DSGX The Descartes Systems Grp | 0.11% | 9,880 | $1.0M | New |
| SCHG Schwab US Large-Cap Growth | 0.11% | 33,626 | $982K | Reduce -0.7% |
| VST Vistra Corp. | 0.11% | 4,998 | $969K | Reduce -16.7% |
| TKO Tko Group Holdings Inc. | 0.11% | 5,262 | $957K | Add +12.8% |
| FIX Comfort Systems USA Inc. | 0.11% | 1,778 | $953K | Reduce -11.0% |
| HWM Howmet Aerospace Inc. | 0.11% | 5,061 | $942K | Reduce -5.3% |
| ENVA Enova International Inc. | 0.11% | 8,439 | $941K | Add +19.2% |
| CYBR Cyberark Software Ltd./Israel | 0.11% | 2,307 | $939K | New |
| PWR Quanta Services Inc. | 0.10% | 2,421 | $915K | Reduce -11.2% |
| LMB Limbach Holdings Inc. | 0.10% | 6,508 | $912K | Reduce -28.9% |
| STRL Sterling Infrastructure Inc. | 0.10% | 3,932 | $907K | Reduce -29.5% |
| ETN Eaton Corp. PLC | 0.10% | 2,517 | $899K | Add +3.3% |
| BSCR Invesco Bulletshares 2027 CB | 0.10% | 45,719 | $898K | No change |
| IXN iShares Global Tech ETF | 0.10% | 9,611 | $887K | No change |
| SPGI S&P Global Inc. | 0.10% | 1,674 | $883K | Add +10.6% |
| DKS Dick's Sporting Goods Inc. | 0.10% | 4,461 | $882K | Add +32.1% |
| NET Cloudflare Inc. Class A | 0.10% | 4,494 | $880K | Reduce -1.9% |
| PLTR Palantir Technologies Inc. Class A | 0.10% | 6,406 | $873K | New |
| GPI Group 1 Automotive Inc. | 0.10% | 1,988 | $868K | Add +13.7% |
| BSCS Invesco Bulletshares 2028 CB | 0.10% | 41,794 | $856K | No change |
| DDS Dillards Inc. Class A | 0.10% | 2,049 | $856K | Add +11.6% |
| BSCQ Invesco Bulletshares 2026 CB | 0.10% | 43,751 | $854K | Reduce -9.1% |
| LPG Dorian LPG Ltd. | 0.10% | 35,000 | $853K | New |
| AHR American Healthcare REIT Inc. | 0.10% | 23,202 | $852K | New |
Portfolio Sells Q1 2025 → Q2 2025
| SPHB Invesco S&P 500 High Beta Et | Sold out | 0.00% | −0.69 |
| JPST JPMorgan Ultra-Short Income | Reduce -0.0% | 2.19% | −0.47 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -31.9% | 0.56% | −0.43 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -30.1% | 0.57% | −0.42 |
| ITOT iShares Core S&P Total U.S. | Reduce -3.4% | 2.30% | −0.32 |
| TTEK Tetra Tech Inc. | Reduce -85.9% | 0.05% | −0.30 |
| TRNS Transcat Inc. | Reduce -75.6% | 0.09% | −0.30 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.28 |
| WST West Pharmaceutical Services | Reduce -82.1% | 0.05% | −0.28 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.3% | 1.20% | −0.18 |
| ELF Elf Beauty Inc. | Reduce -86.9% | 0.05% | −0.18 |
| NSSC Napco Security Technologies | Reduce -79.4% | 0.05% | −0.18 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.17 |
| DECK Deckers Outdoor Corp. | Reduce -56.4% | 0.08% | −0.16 |
| AAON Aaon Inc. | Reduce -50.8% | 0.09% | −0.15 |
| ADUS Addus Homecare Corp. | Reduce -75.8% | 0.05% | −0.15 |
| FRPT Freshpet Inc. | Reduce -68.7% | 0.04% | −0.15 |
| GLOB Globant SA | Sold out | 0.00% | −0.14 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.14 |
| USLM United States Lime & Mineral | Reduce -55.2% | 0.10% | −0.13 |
| AGYS Agilysys Inc. | Reduce -78.9% | 0.05% | −0.13 |
| TRGP Targa Resources Corp. | Reduce -60.8% | 0.04% | −0.11 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.11 |
| VIG Vanguard Dividend Apprec ETF | Reduce -50.5% | 0.08% | −0.10 |
| MPC Marathon Petroleum Corp. | Reduce -60.4% | 0.06% | −0.10 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -75.6% | 0.03% | −0.09 |
| WFRD Weatherford International PL | Reduce -51.8% | 0.05% | −0.09 |
| ENPH Enphase Energy Inc. | Reduce -18.5% | 0.06% | −0.09 |
| MLPX Global X MLP & Energy Infras | Sold out | 0.00% | −0.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.3% | 0.47% | −0.08 |
| CHRD Chord Energy Corp. | Reduce -10.5% | 0.10% | −0.06 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.06 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.05 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -48.0% | 0.04% | −0.05 |
| IWS iShares Russell Mid-Cap Valu | Sold out | 0.00% | −0.05 |
| STWD Starwood Property Trust Inc. | Sold out | 0.00% | −0.05 |
| VEA Vanguard Ftse Developed ETF | Reduce -11.8% | 0.22% | −0.05 |
| HUM Humana Inc. | Sold out | 0.00% | −0.05 |
| FLR Fluor Corp. | Sold out | 0.00% | −0.05 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −0.05 |
| AMR Alpha Metallurgical Resource | Reduce -35.3% | 0.04% | −0.05 |
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -51.6% | 0.03% | −0.05 |
| TTC Toro Co. | Sold out | 0.00% | −0.05 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.05 |
| IWO iShares Russell 2000 Growth | Sold out | 0.00% | −0.04 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.04 |
| GKOS Glaukos Corp. | Sold out | 0.00% | −0.04 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.04 |
| TDW Tidewater Inc. | Reduce -34.8% | 0.05% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| SGOV iShares 0-3 Month Treasury B | Add +90.9% | 13.53% | +4.91 |
| QQQ Invesco QQQ Trust Series 1 | Add +177.5% | 2.61% | +1.63 |
| COIN Coinbase Global Inc. Class A | Add +350.1% | 1.22% | +1.06 |
| GE General Electric | Add +26.7% | 1.81% | +0.46 |
| CHDN Churchill Downs Inc. | Add +808.1% | 0.32% | +0.28 |
| GEV GE Vernova Inc. | Add +7.9% | 0.79% | +0.28 |
| UNH Unitedhealth Group Inc. | Add +1122.8% | 0.32% | +0.27 |
| CAT Caterpillar Inc. | Add +157.4% | 0.44% | +0.26 |
| MCO Moody's Corp. | New | 0.25% | +0.25 |
| TMO Thermo Fisher Scientific Inc. | Add +423.9% | 0.35% | +0.25 |
| BR Broadridge Financial Solutio | Add +634.3% | 0.30% | +0.25 |
| V Visa Inc. Class A | Add +403.0% | 0.30% | +0.23 |
| KEYS Keysight Technologies Inc. | Add +472.8% | 0.25% | +0.20 |
| FDN First Trust DJ Internet Ind | New | 0.20% | +0.20 |
| MTD Mettler-Toledo International | New | 0.16% | +0.16 |
| ROL Rollins Inc. | New | 0.16% | +0.16 |
| CHD Church & Dwight Co. Inc. | New | 0.16% | +0.16 |
| NDSN Nordson Corp. | New | 0.16% | +0.16 |
| CPRT Copart Inc. | Add +431.3% | 0.20% | +0.15 |
| SNOW Snowflake Inc. | New | 0.14% | +0.14 |
| SITE Siteone Landscape Supply Inc. | New | 0.13% | +0.13 |
| DSGX The Descartes Systems Grp | New | 0.11% | +0.11 |
| CYBR Cyberark Software Ltd./Israel | New | 0.11% | +0.11 |
| PLTR Palantir Technologies Inc. Class A | New | 0.10% | +0.10 |
| LPG Dorian LPG Ltd. | New | 0.10% | +0.10 |
| AHR American Healthcare REIT Inc. | New | 0.10% | +0.10 |
| SKWD Skyward Specialty Insurance | New | 0.10% | +0.10 |
| LB Landbridge Co. LLC-A | New | 0.08% | +0.08 |
| BOW Bowhead Specialty Holdings I | New | 0.08% | +0.08 |
| ULS Ul Solutions Inc. Class A | New | 0.06% | +0.06 |
| WAY Waystar Holding Corp. | New | 0.05% | +0.05 |
| FIP Ftai Infrastructure Inc. | New | 0.05% | +0.05 |
| ATMU Atmus Filtration Technologie | New | 0.05% | +0.05 |
| KGS Kodiak Gas Services Inc. | New | 0.05% | +0.05 |
| SMMT Summit Therapeutics Inc. | New | 0.04% | +0.04 |
| AON Aon PLC Class A | New | 0.04% | +0.04 |
| SCHA Schwab US Small-Cap ETF | Add +42.4% | 0.20% | +0.04 |
| ACGL Arch Capital Group Ltd. | New | 0.04% | +0.04 |
| ORCL Oracle Corp. | Add +32.3% | 0.08% | +0.03 |
| NFLX Netflix Inc. | Add +1.2% | 0.19% | +0.03 |
| BTC Grayscale Bitcoin Mini ETF | New | 0.02% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.02% | +0.02 |
| ANET Arista Networks Inc. | Add +31.6% | 0.06% | +0.02 |
| ARM Arm Holdings PLC-ADR | Add +14.1% | 0.06% | +0.02 |
| EME Emcor Group Inc. | Add +15.1% | 0.06% | +0.02 |
| GBTC Grayscale Bitcoin Trust ETF | Add +2.1% | 0.19% | +0.02 |
| SMCI Super Micro Computer Inc. | Add +19.6% | 0.06% | +0.02 |
| SPXC SPX Technologies Inc. | Add +21.3% | 0.06% | +0.01 |
| TXN Texas Instruments Inc. | Add +29.1% | 0.07% | +0.01 |
| PAR Par Technology Corp. | Add +38.7% | 0.06% | +0.01 |
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 |