Cynosure Group, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Cynosure Group, LLC reported 371 stock positions worth $920.7 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 13.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 7.1%) and iShares 0-1 Year Treasury Bo (SHV, 6.7%). Compared with Q2 2025, it opened 17 new positions, sold out of 23, added to 36 and reduced 70. The biggest buy was a new position in Black Rock Coffee Bar Class A (BRCB) and the biggest sale iShares 0-1 Year Treasury Bo (SHV, shares −0%).

Most Recent 13F
Q2 2026
Location
Salt Lake City, UT
CIK
0001763409
Portfolio Value
$920.7M (Q3 2025)
SEC Filing
0001172661-25-004766 ↗ filed Nov 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $556.9M Q1 2024 Q2 2024: $623.1M Q2 2024 Q3 2024: $686.1M Q3 2024 Q4 2024: $669.3M Q4 2024 Q1 2025: $725.7M Q1 2025 Q2 2025: $882.8M Q2 2025 Q3 2025: $920.7M $920.7M Q3 2025 Q4 2025: $983.1M Q4 2025 Q1 2026: $800.3M Q1 2026 Q2 2026: $665.5M Q2 2026

Holdings 371 stocks · $920.7M
SGOV iShares 0-3 Month Treasury B 13.79% 1,261,219 $127.0M Add +6.3%
SPY SS SPDR S&P 500 ETF Trust-US 7.13% 98,568 $65.7M Add +0.5%
SHV iShares 0-1 Year Treasury Bo 6.71% 558,882 $61.8M Reduce -0.2%
IWF iShares Russell 1000 Growth 6.48% 127,354 $59.7M Reduce -2.2%
VOO Vanguard S&P 500 ETF 4.33% 65,084 $39.9M Add +13.4%
VONG Vanguard Russell 1000 Growth 3.34% 255,338 $30.8M Add +0.4%
QQQ Invesco QQQ Trust Series 1 2.96% 45,417 $27.3M Add +8.9%
IVV iShares Core S&P 500 ETF 2.88% 39,599 $26.5M Reduce -11.6%
ICSH iShares Ultra Short Duration 2.42% 438,824 $22.3M Reduce -1.9%
SPYV SS SPDR P S&P 500 Value ETF 2.26% 375,486 $20.8M Add +1.4%
ITOT iShares Core S&P Total U.S. 2.16% 136,369 $19.9M Reduce -9.4%
JPST JPMorgan Ultra-Short Income 2.00% 362,335 $18.4M Reduce -4.8%
GLD SPDR Gold Shares 1.81% 46,945 $16.7M No change
GE General Electric filed as GE AEROSPACE 1.78% 54,428 $16.4M Reduce -12.3%
UNP Union Pacific Corp. 1.65% 64,315 $15.2M Add +0.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.53% 49,993 $14.1M Reduce -0.0%
AGG iShares Core U.S. Aggregate 1.42% 130,301 $13.1M Add +8.6%
VB Vanguard Most SM-Cap ETF-Usd 1.32% 47,926 $12.2M Add +7.1%
COIN Coinbase Global Inc. Class A 1.13% 30,813 $10.4M Reduce 0.0%
JAAA Janus Henderson Aaa Clo ETF 1.05% 189,981 $9.6M Add +92.5%
QUAL iShares MSCI USA Quality Fac 0.98% 46,537 $9.1M Add +0.1%
MSFT Microsoft Corp. 0.97% 17,233 $8.9M Add +89.2%
GEV GE Vernova Inc. 0.88% 13,166 $8.1M No change
BRCB Black Rock Coffee Bar Inc. Class A 0.82% 316,012 $7.5M New
SCHX Schwab US Large-Cap ETF 0.78% 272,968 $7.2M Add +45.9%
WDAY Workday Inc. Class A 0.66% 25,095 $6.0M Add +2.5%
SRLN SS Blackstone Sr Loan ETF 0.58% 129,326 $5.4M Add +8.7%
VTI VG Morningstar TS MKT ETF-US 0.47% 13,278 $4.4M Reduce -2.5%
WFC Wells Fargo & Co. 0.47% 51,198 $4.3M No change
AMZN Amazon.com Inc. 0.45% 18,903 $4.2M Add +76.9%
USMV iShares MSCI USA Min Vol Fac 0.44% 42,424 $4.0M Add +16.8%
JPM JPMorgan Chase & Co. 0.44% 12,702 $4.0M Reduce -19.1%
KVYO Klaviyo Inc. Class A 0.43% 141,884 $3.9M No change
VXUS Vanguard Total Intl Stock 0.42% 52,510 $3.9M Add +63.5%
IEFA iShares Core MSCI Eafe ETF 0.38% 40,380 $3.5M No change
HOOD Robinhood Markets Inc. Class A 0.35% 22,326 $3.2M No change
GTM Zoominfo Technologies Inc. 0.33% 280,843 $3.1M No change
REM iShares Mortgage Real Estate 0.32% 134,969 $3.0M Reduce -16.4%
SCHA Schwab US Small-Cap ETF 0.32% 104,950 $2.9M Add +52.9%
CAT Caterpillar Inc. 0.31% 6,073 $2.9M Reduce -39.1%
SPOT Spotify Technology SA 0.31% 4,100 $2.9M New
BIZD Vaneck BDC Income ETF 0.28% 173,159 $2.6M Add +10.7%
NVDA Nvidia Corp. 0.28% 13,750 $2.6M Reduce -18.4%
AAPL Apple Inc. 0.24% 8,789 $2.2M Reduce -1.1%
VEA Vanguard Ftse Developed ETF 0.23% 35,044 $2.1M Add +3.8%
GBTC Grayscale Bitcoin Trust ETF 0.20% 20,079 $1.8M No change
GOOGL Alphabet Inc. Class A 0.19% 7,189 $1.7M Add +0.0%
SCHF Schwab Intl Equity ETF 0.18% 71,193 $1.7M No change
AOA iShares Core 80/20 Aggressiv 0.17% 18,228 $1.6M No change
SCHG Schwab US Large-Cap Growth 0.17% 49,816 $1.6M Add +48.1%
ROOT Root Inc./Oh Class A 0.17% 17,389 $1.6M No change
GEHC GE Healthcare Technology 0.17% 20,645 $1.6M No change
NFLX Netflix Inc. 0.16% 1,250 $1.5M Reduce -1.2%
SCHM Schwab US Mid Cap ETF 0.16% 50,054 $1.5M Add +69.7%
BND Vanguard Total Bond Market 0.16% 19,326 $1.4M New
PSP Invesco Global Listed Privat 0.15% 19,403 $1.3M Add +11.4%
V Visa Inc. Class A 0.14% 3,784 $1.3M Reduce -50.0%
DDS Dillards Inc. Class A 0.14% 2,049 $1.3M No change
VCIT Vanguard Int-Term Corporate 0.14% 14,876 $1.3M New
BR Broadridge Financial Solutio 0.14% 5,252 $1.3M Reduce -51.6%
SNOW Snowflake Inc. 0.14% 5,511 $1.2M Reduce -0.0%
KEYS Keysight Technologies Inc. 0.13% 6,621 $1.2M Reduce -51.2%
TMO Thermo Fisher Scientific Inc. 0.12% 2,341 $1.1M Reduce -69.3%
CYBR Cyberark Software Ltd./Israel 0.12% 2,307 $1.1M No change
USLM United States Lime & Mineral 0.12% 8,448 $1.1M No change
SCHD Schwab US DVD Equity ETF 0.12% 40,266 $1.1M Add +0.1%
PGR Progressive Corp. 0.12% 4,340 $1.1M No change
TKO Tko Group Holdings Inc. 0.12% 5,262 $1.1M No change
SCHW Schwab (charles) Corp. 0.12% 11,090 $1.1M Add +0.2%
KRYS Krystal Biotech Inc. 0.11% 5,918 $1.0M No change
AAON Aaon Inc. 0.11% 11,179 $1.0M No change
LLY Eli Lilly & Co. 0.11% 1,361 $1.0M Reduce -33.1%
HWM Howmet Aerospace Inc. 0.11% 5,061 $993K No change
IXN iShares Global Tech ETF 0.11% 9,611 $992K No change
DKS Dick's Sporting Goods Inc. 0.11% 4,461 $991K No change
AHR American Healthcare REIT Inc. 0.11% 23,202 $975K No change
ENVA Enova International Inc. 0.11% 8,439 $971K No change
NET Cloudflare Inc. Class A 0.10% 4,494 $964K No change
PFSI Pennymac Financial Services 0.10% 7,767 $962K No change
AXSM Axsome Therapeutics Inc. 0.10% 7,844 $953K No change
ETN Eaton Corp. PLC 0.10% 2,497 $935K Reduce -0.8%
ENSG The Ensign Group Inc. 0.10% 5,331 $921K No change
GPI Group 1 Automotive Inc. 0.09% 1,987 $869K Reduce -0.1%
CHRD Chord Energy Corp. 0.09% 8,737 $868K No change
BSCS Invesco Bulletshares 2028 CB 0.09% 41,794 $860K No change
SNEX Stonex Group Inc. 0.09% 8,411 $849K Reduce -0.1%
SAIA Saia Inc. 0.09% 2,780 $832K No change
PRI Primerica Inc. 0.09% 2,982 $828K Reduce -0.0%
META Meta Platforms Inc. Class A 0.09% 1,125 $826K Add +3.8%
TSLA Tesla Inc. 0.09% 1,854 $824K Reduce -0.8%
MCO Moody's Corp. 0.09% 1,720 $820K Reduce -61.2%
CPRT Copart Inc. 0.09% 17,734 $797K Reduce -50.6%
BSCR Invesco Bulletshares 2027 CB 0.08% 39,123 $771K Reduce -14.4%
ANET Arista Networks Inc. 0.08% 5,268 $768K No change
AVGO Broadcom Inc. 0.08% 2,285 $754K Reduce -1.2%
NOW ServiceNow Inc. 0.08% 817 $752K No change
APP AppLovin Corp. Class A 0.08% 1,043 $749K No change
IJH iShares Core S&P Midcap ETF 0.08% 11,282 $736K Reduce -47.6%
AXON Axon Enterprise Inc. 0.08% 1,021 $733K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.08% 2,323 $720K No change
POWL Powell Industries Inc. 0.08% 2,349 $716K No change
CASH Pathward Financial Inc. 0.08% 9,657 $715K No change
VIG Vanguard Dividend Apprec ETF 0.08% 3,286 $709K No change
SKWD Skyward Specialty Insurance 0.08% 14,700 $699K No change
KNSL Kinsale Capital Group Inc. 0.08% 1,639 $697K No change
IWR iShares Russell Mid-Cap ETF 0.08% 7,161 $691K Add +0.3%
FICO Fair Isaac Corp. 0.07% 459 $687K No change
DECK Deckers Outdoor Corp. 0.07% 6,654 $675K No change
MUSA Murphy USA Inc. 0.07% 1,732 $672K Reduce -0.1%
EXPO Exponent Inc. 0.07% 9,659 $671K No change
VGIT Vanguard Intermediate-Term T 0.07% 11,152 $669K New
TBBK The Bancorp Inc. 0.07% 8,646 $647K No change
NSSC Napco Security Technologies 0.07% 14,719 $632K No change
MOD Modine Manufacturing Co. 0.07% 4,390 $624K No change
SNX TD Synnex Corp. 0.07% 3,790 $621K No change
TGLS Tecnoglass Holdings Inc. 0.07% 9,260 $620K No change
ACMR Acm Research Inc. Class A 0.07% 15,797 $618K No change
WFRD Weatherford International PL 0.07% 8,975 $614K No change
IEMG iShares Core MSCI Emerging 0.07% 9,307 $613K No change
MPWR Monolithic Power Systems Inc. 0.07% 664 $611K No change
HWKN Hawkins Inc. 0.07% 3,341 $610K No change
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.07% 1,532 $609K No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.07% 1,513 $609K New
PIPR Piper Sandler Cos 0.07% 1,749 $607K No change
IT Gartner Inc. 0.07% 2,307 $606K Reduce -48.3%
BMI Badger Meter Inc. 0.07% 3,395 $606K No change
MDB Mongodb Inc. 0.07% 1,949 $605K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.06% 1,242 $596K New
MTD Mettler-Toledo International 0.06% 485 $595K Reduce -60.8%
FTAI Ftai Aviation Ltd. 0.06% 3,565 $595K New
SHOP Shopify Inc. Class A 0.06% 4,000 $594K New
ARGX Argenx SE - ADR 0.06% 802 $592K Reduce -47.1%
LB Landbridge Co. LLC-A 0.06% 11,070 $591K No change
ROL Rollins Inc. 0.06% 10,002 $588K Reduce -60.8%
CSW CSW Industrials Inc. 0.06% 2,420 $587K Reduce -0.0%
VLO Valero Energy Corp. 0.06% 3,449 $587K No change
MPC Marathon Petroleum Corp. 0.06% 3,020 $582K No change
NDSN Nordson Corp. 0.06% 2,562 $581K Reduce -60.7%
ALB Albemarle Corp. 0.06% 7,165 $581K No change
NEU Newmarket Corp. 0.06% 699 $579K No change
INSW International Seaways Inc. 0.06% 12,466 $574K No change
IAU iShares Gold Trust 0.06% 7,872 $573K New
ACWX iShares MSCI Acwi Ex US ETF 0.06% 8,794 $572K No change
CYTK Cytokinetics Inc. 0.06% 10,372 $570K No change
DELL Dell Technologies -C 0.06% 3,970 $563K No change
THC Tenet Healthcare Corp. 0.06% 2,771 $563K No change
TDW Tidewater Inc. 0.06% 10,497 $560K No change
ORLY O'reilly Automotive Inc. 0.06% 5,160 $556K No change
TXN Texas Instruments Inc. 0.06% 3,005 $552K No change
BLK BlackRock Inc. 0.06% 473 $551K No change
MELI MercadoLibre Inc. 0.06% 235 $550K No change
SFM Sprouts Farmers Market Inc. 0.06% 5,040 $548K No change
EFA iShares MSCI Eafe ETF 0.06% 5,869 $548K Add +0.1%
AMR Alpha Metallurgical Resource 0.06% 3,338 $548K No change
PHM Pultegroup Inc. 0.06% 4,133 $546K No change
MLPX Global X MLP & Energy Infras 0.06% 8,635 $542K New
MLI Mueller Industries Inc. 0.06% 5,321 $538K No change
LPG Dorian LPG Ltd. 0.06% 17,982 $536K Reduce -48.6%
PWR Quanta Services Inc. 0.06% 1,292 $535K Reduce -46.6%
CVX Chevron Corp. 0.06% 3,429 $532K New
BLD Topbuild Corp. 0.06% 1,359 $531K No change
HCC Warrior Met Coal Inc. 0.06% 8,340 $531K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 3,643 $527K No change
BOW Bowhead Specialty Holdings I 0.06% 19,400 $525K No change
HLI Houlihan Lokey Inc. 0.06% 2,544 $522K No change
PID Invesco International Divide 0.06% 24,523 $522K No change
JBL Jabil Inc. 0.06% 2,398 $521K No change
KLAC KLA Corp. 0.06% 482 $520K No change
LOW Lowe's Cos Inc. 0.06% 2,068 $520K No change
BX Blackstone Inc. 0.06% 3,038 $519K No change
UNH Unitedhealth Group Inc. 0.06% 1,494 $516K Reduce -83.6%
CBZ Cbiz Inc. 0.06% 9,729 $515K No change
CR Crane Co. 0.06% 2,793 $514K No change
WSM Williams-Sonoma Inc. 0.06% 2,628 $514K No change
CLMB Climb Global Solutions Inc. 0.06% 3,807 $513K No change
ABBV Abbvie Inc. 0.06% 2,207 $511K Reduce -1.3%
MA Mastercard Inc. Class A 0.06% 898 $511K No change
ROAD Construction Partners Inc. Class A 0.06% 4,020 $511K No change
GRBK Green Brick Partners Inc. 0.06% 6,910 $510K No change
DHI D.R. Horton Inc. 0.06% 3,008 $510K No change
CAMT Camtek Ltd. 0.06% 4,843 $509K No change
GOLF Acushnet Holdings Corp. 0.06% 6,481 $509K No change
FN Fabrinet 0.06% 1,392 $508K No change
CASY Casey's General Stores Inc. 0.06% 896 $507K Reduce -0.1%
SE Sea Ltd.-ADR 0.06% 2,832 $506K No change
ENPH Enphase Energy Inc. 0.05% 14,293 $506K No change
NXST Nexstar Media Group Inc. 0.05% 2,558 $506K No change
ABNB Airbnb Inc. Class A 0.05% 4,161 $505K No change
ATMU Atmus Filtration Technologie 0.05% 11,200 $505K Reduce -0.1%
LIN Linde PLC 0.05% 1,063 $505K No change
HEI Heico Corp. 0.05% 1,564 $505K No change
BBW Build-A-Bear Workshop Inc. 0.05% 7,736 $504K No change
OKTA Okta Inc. 0.05% 5,498 $504K No change
CHD Church & Dwight Co. Inc. 0.05% 5,737 $503K Reduce -61.2%
BKNG Booking Holdings Inc. 0.05% 93 $502K No change
WST West Pharmaceutical Services 0.05% 1,905 $500K No change
WINA Winmark Corp. 0.05% 991 $493K No change
CDNS Cadence Design SYS Inc. 0.05% 1,402 $492K No change
TPL Texas Pacific Land Corp. 0.05% 526 $491K Reduce -72.7%
CELH Celsius Holdings Inc. 0.05% 8,507 $489K Reduce -51.4%
ULS Ul Solutions Inc. Class A 0.05% 6,900 $489K No change
OFG Ofg Bancorp 0.05% 11,241 $489K No change
TSCO Tractor Supply Company 0.05% 8,576 $488K No change
MRK Merck & Co. Inc. 0.05% 5,759 $483K No change
IGV iShares Expanded Tech-Softwa 0.05% 4,200 $483K No change
CRS Carpenter Technology 0.05% 1,964 $482K No change
CACI Caci International Inc. Class A 0.05% 964 $481K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.05% 4,699 $479K No change
FBP First Bancorp Puerto Rico 0.05% 21,714 $479K No change
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.05% 5,333 $478K No change
CRAI Cra International Inc. 0.05% 2,291 $478K No change
NUE Nucor Corp. 0.05% 3,524 $477K No change
SMCI Super Micro Computer Inc. 0.05% 9,939 $476K No change
IWM iShares Russell 2000 ETF 0.05% 1,966 $476K Add +0.1%
AMPH Amphastar Pharmaceuticals Inc. 0.05% 17,820 $475K No change
DHT DHT Holdings Inc. 0.05% 39,581 $473K No change
NDAQ Nasdaq Inc. 0.05% 5,336 $472K No change
FAST Fastenal Co. 0.05% 9,624 $472K No change
INTU Intuit Inc. 0.05% 688 $470K Reduce -0.6%
FSS Federal Signal Corp. 0.05% 3,947 $470K No change
COST Costco Wholesale Corp. 0.05% 505 $468K No change
HCA HCA Healthcare Inc. 0.05% 1,092 $465K No change
ELF Elf Beauty Inc. 0.05% 3,503 $464K No change
STLD Steel Dynamics Inc. 0.05% 3,317 $462K No change
FCNCA First Citizens Bcshs Class A 0.05% 258 $462K Reduce -59.5%
PANW Palo Alto Networks Inc. 0.05% 2,257 $460K Reduce -1.2%
MGY Magnolia Oil & Gas Corp. Class A 0.05% 19,242 $459K No change
APG Api Group Corp. 0.05% 13,330 $458K No change
RGEN Repligen Corp. 0.05% 3,421 $457K No change
DHR Danaher Corp. 0.05% 2,292 $454K No change
PAG Penske Automotive Group Inc. 0.05% 2,598 $452K No change
APO Apollo Global Management Inc. 0.05% 3,385 $451K Add +2.6%
FERG Ferguson Enterprises Inc. 0.05% 2,008 $451K No change
AIT Applied Industrial Tech Inc. 0.05% 1,727 $451K No change
NOC Northrop Grumman Corp. 0.05% 735 $448K Reduce -0.1%
GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC 0.05% 17,300 $448K No change
ARM Arm Holdings PLC-ADR 0.05% 3,156 $447K No change
ARES Ares Management Corp. Class A 0.05% 2,780 $444K Reduce -62.6%
CNR Core Natural Resources Inc. 0.05% 5,316 $444K No change
BLDR Builders Firstsource Inc. 0.05% 3,652 $443K No change
IMKTA Ingles Markets Inc. Class A 0.05% 6,349 $442K No change
SSD Simpson Manufacturing Co. Inc. 0.05% 2,622 $439K No change
STE Steris PLC 0.05% 1,770 $438K No change
LRN Stride Inc. 0.05% 2,937 $437K Reduce -0.1%
RACE Ferrari NV 0.05% 901 $437K No change
KGS Kodiak Gas Services Inc. 0.05% 11,800 $436K No change
SITE Siteone Landscape Supply Inc. 0.05% 3,381 $435K Reduce -63.8%
ZS Zscaler Inc. 0.05% 1,450 $435K No change
CEG Constellation Energy 0.05% 1,315 $433K No change
LMAT Lemaitre Vascular Inc. 0.05% 4,926 $431K No change
ZTS Zoetis Inc. 0.05% 2,941 $430K Reduce -0.7%
CHDN Churchill Downs Inc. 0.05% 4,434 $430K Reduce -84.4%
ABG Asbury Automotive Group 0.05% 1,752 $428K No change
XOM Exxon Mobil Corp. 0.05% 3,785 $427K No change
MCK McKesson Corp. 0.05% 552 $426K No change
GFF Griffon Corp. 0.05% 5,597 $426K No change
RSG Republic Services Inc. 0.05% 1,853 $425K No change
EGP Eastgroup Properties Inc. 0.05% 2,487 $421K No change
AZO AutoZone Inc. 0.05% 98 $420K No change
MNST Monster Beverage Corp. 0.05% 6,224 $419K Reduce -1.2%
TT Trane Technologies PLC 0.05% 992 $419K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.05% 5,460 $418K Reduce -0.2%
LPLA LPL Financial Holdings Inc. 0.05% 1,257 $418K No change
NEE Nextera Energy Inc. 0.05% 5,523 $417K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.05% 1,351 $416K Add +0.3%
ASR Grupo Aeroportuario Sur-ADR 0.05% 1,283 $415K No change
ADUS Addus Homecare Corp. 0.04% 3,495 $412K No change
RYZ Ryerson Holding Corp. 0.04% 17,978 $411K Reduce -0.1%
UTI Universal Technical Institut 0.04% 12,621 $411K No change
MRSH Marsh & McLennan Cos 0.04% 2,030 $409K Reduce -1.0%
XPO Xpo Inc. 0.04% 3,163 $409K No change
LPX Louisiana-Pacific Corp. 0.04% 4,574 $406K No change
TTEK Tetra Tech Inc. 0.04% 12,132 $405K No change
HURN Huron Consulting Group Inc. 0.04% 2,759 $405K Reduce -0.1%
LNG Cheniere Energy Inc. 0.04% 1,721 $404K No change
SPGI S&P Global Inc. 0.04% 829 $403K Reduce -50.5%
TRNO Terreno Realty Corp. 0.04% 7,098 $403K No change
EXR Extra Space Storage Inc. 0.04% 2,854 $402K No change
POOL Pool Corp. 0.04% 1,297 $402K No change
OTTR Otter Tail Corp. 0.04% 4,905 $402K No change
RS Reliance Inc. 0.04% 1,418 $398K No change
COKE Coca-Cola Consolidated Inc. 0.04% 3,390 $397K No change
AGYS Agilysys Inc. 0.04% 3,762 $396K No change
TXRH Texas Roadhouse Inc. 0.04% 2,370 $394K No change
TMUS T-Mobile US Inc. 0.04% 1,640 $393K No change
CLH Clean Harbors Inc. 0.04% 1,689 $392K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.04% 1,332 $391K Add +81.0%
BOOT Boot Barn Holdings Inc. 0.04% 2,357 $391K No change
NTRA Natera Inc. 0.04% 2,417 $389K No change
MSCI MSCI Inc. 0.04% 685 $389K No change
DE Deere & Co. 0.04% 847 $387K Reduce -0.1%
FTNT Fortinet Inc. 0.04% 4,585 $386K No change
SMMT Summit Therapeutics Inc. 0.04% 18,609 $384K No change
LMT Lockheed Martin Corp. 0.04% 769 $384K No change
WAY Waystar Holding Corp. 0.04% 10,100 $383K No change
TDG Transdigm Group Inc. 0.04% 288 $380K No change
TRGP Targa Resources Corp. 0.04% 2,260 $379K No change
DPZ Domino's Pizza Inc. 0.04% 875 $378K No change
BAH Booz Allen Hamilton Holdings 0.04% 3,766 $376K No change
XPEL Xpel Inc. 0.04% 11,352 $375K No change
AVY Avery Dennison Corp. 0.04% 2,308 $374K No change
JBSS John B. Sanfilippo & Son Inc. filed as SANFILIPPO JOHN B & SON INC 0.04% 5,816 $374K No change
HLNE Hamilton Lane Inc. Class A 0.04% 2,770 $373K No change
PEN Penumbra Inc. 0.04% 1,469 $372K No change
ADP Automatic Data Processing 0.04% 1,265 $371K No change
AGM Federal Agric MTG Corp. Class C 0.04% 2,210 $371K No change
VCTR Victory Capital Holding - A 0.04% 5,725 $371K No change
LII Lennox International Inc. 0.04% 700 $371K No change
CPRX Catalyst Pharmaceuticals Inc. 0.04% 18,777 $370K No change
EPD Enterprise Products Partners 0.04% 11,820 $370K No change
DSGX The Descartes Systems Grp 0.04% 3,920 $369K Reduce -60.3%
TYL Tyler Technologies Inc. 0.04% 704 $368K No change
MSI Motorola Solutions Inc. 0.04% 805 $368K No change
AON Aon PLC Class A 0.04% 1,027 $366K Reduce -0.1%
CPK Chesapeake Utilities Corp. 0.04% 2,671 $360K No change
VRTX Vertex Pharmaceuticals Inc. 0.04% 918 $360K No change
RELX Relx PLC - Spon ADR 0.04% 7,500 $358K No change
CDW CDW Corp. 0.04% 2,245 $358K No change
BSCQ Invesco Bulletshares 2026 CB 0.04% 18,203 $356K Reduce -58.4%
ODFL Old Dominion Freight Line 0.04% 2,527 $356K No change
NOVT Novanta Inc. 0.04% 3,524 $353K No change
MATX Matson Inc. 0.04% 3,523 $347K No change
IVW iShares S&P 500 Growth ETF 0.04% 2,844 $343K No change
CSL Carlisle Cos Inc. 0.04% 1,039 $342K No change
AWK American Water Works Co. Inc. 0.04% 2,451 $341K No change
CTAS Cintas Corp. 0.04% 1,661 $341K No change
VWO Vanguard Ftse Emerging Marke 0.04% 6,217 $337K No change
ACGL Arch Capital Group Ltd. 0.04% 3,710 $337K No change
WSC Willscot Holdings Corp. 0.04% 15,924 $336K No change
BRO Brown & Brown Inc. 0.04% 3,556 $334K No change
WSO Watsco Inc. 0.04% 814 $329K No change
RLI Rli Corp. 0.04% 5,033 $328K No change
NSIT Insight Enterprises Inc. 0.04% 2,892 $328K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.04% 344 $328K Reduce -1.7%
WM Waste Management Inc. 0.04% 1,479 $327K No change
FCN Fti Consulting Inc. 0.04% 2,011 $325K No change
BCC Boise Cascade Co. 0.04% 4,181 $323K No change
DXCM Dexcom Inc. 0.03% 4,690 $316K No change
CMG Chipotle Mexican Grill Inc. 0.03% 8,001 $314K No change
SPSC SPS Commerce Inc. 0.03% 2,988 $311K No change
SDY SS SPDR S&P Dividend ETF 0.03% 2,188 $306K New
TXG 10X Genomics Inc. Class A 0.03% 25,730 $301K Reduce -0.1%
KD Kyndryl Holdings Inc. 0.03% 9,998 $300K No change
VCEL Vericel Corp. 0.03% 9,527 $300K No change
CHE Chemed Corp. 0.03% 663 $297K No change
ERIE Erie Indemnity Company Class A 0.03% 931 $296K No change
CWST Casella Waste Systems Inc. Class A 0.03% 3,000 $285K No change
PAR Par Technology Corp. 0.03% 7,181 $284K No change
DBO Invesco DB Oil Fund 0.03% 21,116 $284K New
CROX Crocs Inc. 0.03% 3,387 $283K No change
NVO Novo-Nordisk A/S-Spons ADR 0.03% 5,094 $283K No change
IPAR Interparfums Inc. 0.03% 2,866 $282K No change
FRPT Freshpet Inc. 0.03% 5,093 $281K No change
ELV Elevance Health Inc. 0.03% 856 $277K No change
VT Vanguard Tot World STK ETF 0.03% 2,004 $276K New
TIC Tic Solutions Inc. filed as ACUREN CORP 0.03% 20,695 $275K Add +0.2%
ACN Accenture PLC Class A 0.03% 1,095 $270K No change
DUOL Duolingo 0.03% 807 $260K No change
KDP Keurig Dr Pepper Inc. 0.03% 10,180 $260K No change
SMPL The Simply Good Foods Co. 0.03% 10,368 $257K No change
EFV iShares MSCI Eafe Value ETF 0.03% 3,773 $256K No change
LNTH Lantheus Holdings Inc. 0.03% 4,989 $256K No change
SHY iShares 1-3 Year Treasury Bo 0.03% 3,066 $254K No change
MDY State Street SPDR S&P Midcap 0.03% 421 $251K No change
CRVL Corvel Corp. 0.03% 3,176 $246K No change
GOOG Alphabet Inc. Class C 0.03% 978 $238K New
KO The Coca-Cola Co. 0.02% 3,458 $229K Reduce -0.3%
BRBR Bellring Brands Inc. 0.02% 6,306 $229K No change
MOH Molina Healthcare Inc. 0.02% 1,112 $213K No change
HD Home Depot Inc. 0.02% 525 $213K New
PDX PIMCO Dynamic Income Strat 0.02% 8,526 $213K Add +1.6%

Portfolio Sells Q2 2025 → Q3 2025
SHV iShares 0-1 Year Treasury Bo Reduce -0.2% 6.71% −0.30
CHDN Churchill Downs Inc. Reduce -84.4% 0.05% −0.28
IVV iShares Core S&P 500 ETF Reduce -11.6% 2.88% −0.27
UNH Unitedhealth Group Inc. Reduce -83.6% 0.06% −0.27
TMO Thermo Fisher Scientific Inc. Reduce -69.3% 0.12% −0.23
FDN First Trust DJ Internet Ind Sold out 0.00% −0.20
JPST JPMorgan Ultra-Short Income Reduce -4.8% 2.00% −0.19
TPL Texas Pacific Land Corp. Reduce -72.7% 0.05% −0.18
V Visa Inc. Class A Reduce -50.0% 0.14% −0.16
BR Broadridge Financial Solutio Reduce -51.6% 0.14% −0.16
MCO Moody's Corp. Reduce -61.2% 0.09% −0.16
ICSH iShares Ultra Short Duration Reduce -1.9% 2.42% −0.15
ITOT iShares Core S&P Total U.S. Reduce -9.4% 2.16% −0.15
HES Hess Corp. Sold out 0.00% −0.14
IT Gartner Inc. Reduce -48.3% 0.07% −0.14
IBM Intl Business Machines Corp. Reduce -0.0% 1.53% −0.14
KEYS Keysight Technologies Inc. Reduce -51.2% 0.13% −0.13
CAT Caterpillar Inc. Reduce -39.1% 0.31% −0.12
CPRT Copart Inc. Reduce -50.6% 0.09% −0.11
VST Vistra Corp. Sold out 0.00% −0.11
FIX Comfort Systems USA Inc. Sold out 0.00% −0.11
CHD Church & Dwight Co. Inc. Reduce -61.2% 0.05% −0.11
LMB Limbach Holdings Inc. Sold out 0.00% −0.10
STRL Sterling Infrastructure Inc. Sold out 0.00% −0.10
MTD Mettler-Toledo International Reduce -60.8% 0.06% −0.10
ROL Rollins Inc. Reduce -60.8% 0.06% −0.10
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.10
ARES Ares Management Corp. Class A Reduce -62.6% 0.05% −0.10
NDSN Nordson Corp. Reduce -60.7% 0.06% −0.10
COIN Coinbase Global Inc. Class A Reduce 0.0% 1.13% −0.09
FCNCA First Citizens Bcshs Class A Reduce -59.5% 0.05% −0.09
UFPT Ufp Technologies Inc. Sold out 0.00% −0.09
TRNS Transcat Inc. Sold out 0.00% −0.09
JPM JPMorgan Chase & Co. Reduce -19.1% 0.44% −0.08
SITE Siteone Landscape Supply Inc. Reduce -63.8% 0.05% −0.08
ORCL Oracle Corp. Sold out 0.00% −0.08
CLS Celestica Inc. Sold out 0.00% −0.08
DSGX The Descartes Systems Grp Reduce -60.3% 0.04% −0.07
IJH iShares Core S&P Midcap ETF Reduce -47.6% 0.08% −0.07
REM iShares Mortgage Real Estate Reduce -16.4% 0.32% −0.07
LLY Eli Lilly & Co. Reduce -33.1% 0.11% −0.07
AMD Advanced Micro Devices Sold out 0.00% −0.06
EME Emcor Group Inc. Sold out 0.00% −0.06
BSCQ Invesco Bulletshares 2026 CB Reduce -58.4% 0.04% −0.06
SPXC SPX Technologies Inc. Sold out 0.00% −0.06
SPGI S&P Global Inc. Reduce -50.5% 0.04% −0.06
BELFA Bel Fuse Inc. Class A Sold out 0.00% −0.05
FIP Ftai Infrastructure Inc. Sold out 0.00% −0.05
PI Impinj Inc. Sold out 0.00% −0.05
SKX Skechers USA Inc. Class A Sold out 0.00% −0.05

Portfolio Buys Q2 2025 → Q3 2025
BRCB Black Rock Coffee Bar Inc. Class A New 0.82% +0.82
VOO Vanguard S&P 500 ETF Add +13.4% 4.33% +0.64
JAAA Janus Henderson Aaa Clo ETF Add +92.5% 1.05% +0.48
MSFT Microsoft Corp. Add +89.2% 0.97% +0.46
QQQ Invesco QQQ Trust Series 1 Add +8.9% 2.96% +0.36
SPOT Spotify Technology SA New 0.31% +0.31
SPY SS SPDR S&P 500 ETF Trust-US Add +0.5% 7.13% +0.27
SGOV iShares 0-3 Month Treasury B Add +6.3% 13.79% +0.27
SCHX Schwab US Large-Cap ETF Add +45.9% 0.78% +0.26
VONG Vanguard Russell 1000 Growth Add +0.4% 3.34% +0.20
AMZN Amazon.com Inc. Add +76.9% 0.45% +0.19
VXUS Vanguard Total Intl Stock Add +63.5% 0.42% +0.17
BND Vanguard Total Bond Market New 0.16% +0.16
VCIT Vanguard Int-Term Corporate New 0.14% +0.14
VB Vanguard Most SM-Cap ETF-Usd Add +7.1% 1.32% +0.12
SCHA Schwab US Small-Cap ETF Add +52.9% 0.32% +0.12
VGIT Vanguard Intermediate-Term T New 0.07% +0.07
AGG iShares Core U.S. Aggregate Add +8.6% 1.42% +0.07
SCHM Schwab US Mid Cap ETF Add +69.7% 0.16% +0.07
MGK Vngrd Mrgstr MG CP GR ETF-Ui New 0.07% +0.07
VUG Vanguard Mrngstar GR ETF-Sui New 0.06% +0.06
SHOP Shopify Inc. Class A New 0.06% +0.06
FTAI Ftai Aviation Ltd. New 0.06% +0.06
IAU iShares Gold Trust New 0.06% +0.06
SCHG Schwab US Large-Cap Growth Add +48.1% 0.17% +0.06
SPYV SS SPDR P S&P 500 Value ETF Add +1.4% 2.26% +0.06
MLPX Global X MLP & Energy Infras New 0.06% +0.06
CVX Chevron Corp. New 0.06% +0.06
USMV iShares MSCI USA Min Vol Fac Add +16.8% 0.44% +0.05
GOOGL Alphabet Inc. Class A Add +0.0% 0.19% +0.05
SDY SS SPDR S&P Dividend ETF New 0.03% +0.03
DBO Invesco DB Oil Fund New 0.03% +0.03
VT Vanguard Tot World STK ETF New 0.03% +0.03
GOOG Alphabet Inc. Class C New 0.03% +0.03
SRLN SS Blackstone Sr Loan ETF Add +8.7% 0.58% +0.02
HD Home Depot Inc. New 0.02% +0.02
QUAL iShares MSCI USA Quality Fac Add +0.1% 0.98% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +81.0% 0.04% +0.02
VEA Vanguard Ftse Developed ETF Add +3.8% 0.23% +0.01
PSP Invesco Global Listed Privat Add +11.4% 0.15% +0.01
IWM iShares Russell 2000 ETF Add +0.1% 0.05% +0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.3% 0.05% +0.00
IWR iShares Russell Mid-Cap ETF Add +0.3% 0.08% +0.00
SCHW Schwab (charles) Corp. Add +0.2% 0.12% +0.00
EFA iShares MSCI Eafe ETF Add +0.1% 0.06% +0.00
PDX PIMCO Dynamic Income Strat Add +1.6% 0.02% −0.00
META Meta Platforms Inc. Class A Add +3.8% 0.09% −0.00
SCHD Schwab US DVD Equity ETF Add +0.1% 0.12% −0.00
APO Apollo Global Management Inc. Add +2.6% 0.05% −0.00
BIZD Vaneck BDC Income ETF Add +10.7% 0.28% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 180$665.5MSGOV, SPY, IWF, SHV, VONG
Q1 2026 198$800.3MSGOV, SPY, SHV, IWF, VOO
Q4 2025 399$983.1MSGOV, SPY, SHV, IWF, GEHC
Q3 2025Amended 371$920.7MSGOV, SPY, SHV, IWF, VOO
Q2 2025 377$882.8MSGOV, SHV, SPY, IWF, VOO
Q1 2025 375$725.7MSGOV, SHV, SPY, IWF, VOO
Q4 2024 367$669.3MSHV, SPY, IWF, IVV, SGOV
Q3 2024 370$686.1MSHV, SPY, IWF, IVV, ITOT
Q2 2024 334$623.1MSHV, SPY, IWF, IVV, ICSH
Q1 2024 313$556.9MSHV, SPY, IWF, ICSH, IVV