Dimension Capital Management LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Dimension Capital Management LLC reported 99 stock positions worth $563.8 million. Its top holding was iShares MSCI Acwi ETF (ACWI) at 17.9% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 16.9%) and SPDR Gold Shares (GLD, 9.7%). Compared with Q4 2024, it opened 4 new positions, sold out of 13, added to 24 and reduced 36. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +16%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −46%).

Most Recent 13F
Q2 2026
Location
Coral Gables, FL
CIK
0001041773
Portfolio Value
$563.8M (Q1 2025)
SEC Filing
0001172661-25-002204 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $501.5M Q1 2024 Q2 2024: $491.6M Q2 2024 Q3 2024: $529.6M Q3 2024 Q4 2024: $612.1M Q4 2024 Q1 2025: $563.8M $563.8M Q1 2025 Q2 2025: $638.0M Q2 2025 Q3 2025: $687.6M Q3 2025 Q4 2025: $713.6M Q4 2025 Q1 2026: $711.6M Q1 2026 Q2 2026: $852.2M Q2 2026

Holdings 99 stocks · $563.8M
ACWI iShares MSCI Acwi ETF 17.87% 865,526 $100.7M Reduce -5.0%
SPY SS SPDR S&P 500 ETF Trust-US 16.87% 170,023 $95.1M Reduce -0.7%
GLD SPDR Gold Shares 9.73% 190,421 $54.9M Reduce -0.6%
BIL SS SPDR BB 1-3M T-Bill ETF 8.50% 522,556 $47.9M Reduce -46.1%
RSP Invesco S&P 500 Equal Weight 3.70% 120,306 $20.8M Add +16.4%
IVV iShares Core S&P 500 ETF 3.34% 33,560 $18.9M Reduce -11.2%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 3.13% 500,340 $17.7M Add +0.3%
QQQ Invesco QQQ Trust Series 1 2.60% 31,201 $14.6M Reduce -3.1%
IJR iShares Core S&P Small-Cap E 2.47% 133,287 $13.9M Add +14.9%
IWM iShares Russell 2000 ETF 2.27% 64,094 $12.8M Reduce -1.1%
EEM iShares MSCI Emerging Market 2.04% 263,830 $11.5M Add +12.8%
BCSF Bain Capital Specialty Finan 1.60% 542,346 $9.0M Reduce -7.7%
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 1.59% 811,949 $9.0M Reduce -9.4%
EFA iShares MSCI Eafe ETF 1.56% 107,696 $8.8M Add +1.4%
IEF iShares 7-10 Year Treasury B 1.55% 91,341 $8.7M Reduce -12.7%
VGK Vanguard Ftse Europe ETF 1.45% 116,811 $8.2M Add +6.0%
SGRY Surgery Partners Inc. 1.31% 309,976 $7.4M Reduce -26.6%
IGSB iShares 1-5Y Inv Grade Corp. 1.29% 139,163 $7.3M Reduce -9.0%
IWD iShares Russell 1000 Value E 1.20% 36,075 $6.8M Add +2.3%
IWF iShares Russell 1000 Growth 1.16% 18,074 $6.5M No change
BRK.A Berkshire Hathaway Inc. Class A 0.99% 7 $5.6M No change
BBDC Barings BDC Inc. 0.91% 540,148 $5.2M Add +7.4%
AAPL Apple Inc. 0.86% 21,721 $4.8M Reduce -3.3%
BRK.B Berkshire Hathaway Inc. Class B 0.76% 8,019 $4.3M Reduce -0.6%
MS Morgan Stanley 0.54% 26,270 $3.1M No change
MCHI iShares MSCI China ETF 0.49% 50,678 $2.8M Reduce -3.2%
MSFT Microsoft Corp. 0.45% 6,801 $2.6M Reduce -12.2%
XBI SS SPDR S&P Biotech ETF 0.40% 27,922 $2.3M Add +61.5%
GOOG Alphabet Inc. Class C 0.39% 13,918 $2.2M Reduce -3.7%
IBIT iShares Bitcoin Trust ETF 0.37% 44,880 $2.1M Add +423.6%
XLF SS Financial Select Sector 0.37% 41,635 $2.1M Add +0.7%
APO Apollo Global Management Inc. 0.35% 14,267 $2.0M Add +0.2%
DHI D.R. Horton Inc. 0.34% 15,130 $1.9M Add +557.8%
BX Blackstone Inc. 0.32% 13,064 $1.8M No change
AMZN Amazon.com Inc. 0.30% 8,834 $1.7M Reduce -14.0%
VB Vanguard Most SM-Cap ETF-Usd 0.28% 7,234 $1.6M No change
DBEF Xtrackers MSCI Eafe Hedged E 0.25% 32,104 $1.4M No change
NVDA Nvidia Corp. 0.24% 12,519 $1.4M Reduce -14.4%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.23% 16,303 $1.3M Reduce -17.1%
V Visa Inc. Class A 0.22% 3,601 $1.3M Reduce -4.4%
ORCL Oracle Corp. 0.21% 8,368 $1.2M Reduce -1.4%
SPOT Spotify Technology SA 0.21% 2,126 $1.2M Add +0.8%
VTI VG Morningstar TS MKT ETF-US 0.19% 3,966 $1.1M Add +34.0%
HEFA Isha Curr Hedged MSCI Eafe 0.18% 28,703 $1.0M No change
SPGI S&P Global Inc. 0.18% 1,967 $999K Add +0.9%
GOOGL Alphabet Inc. Class A 0.17% 6,023 $931K Reduce -14.2%
SJNK SS SPDR BB St Hi Yield ETF 0.16% 34,986 $880K Reduce -22.8%
ETN Eaton Corp. PLC 0.15% 3,203 $871K Reduce -3.1%
AHCO Adapthealth Corp. 0.15% 79,707 $864K Reduce -8.5%
NYF iShares New York Muni Bond E 0.15% 16,379 $862K Add +56.0%
VOO Vanguard S&P 500 ETF 0.14% 1,565 $804K No change
BITX 2X Bitcoin ETF 0.14% 22,000 $781K New
TRTX TPG Re Finance Trust Inc. 0.14% 93,752 $764K New
XLI SS Industrial Select Sector 0.14% 5,826 $764K Add +5.0%
IVE iShares S&P 500 Value ETF 0.13% 3,873 $738K No change
CVS CVS Health Corp. 0.12% 10,391 $704K Add +36.3%
HEZU iShares Currency Hedged MSCI 0.12% 17,853 $696K No change
PLTR Palantir Technologies Inc. Class A 0.12% 8,077 $682K Add +4.8%
INDA iShares MSCI India ETF 0.12% 12,873 $663K Add +3.0%
IQV Iqvia Holdings Inc. 0.12% 3,685 $650K No change
ASML ASML Holding NV-NY Reg SHS 0.11% 972 $644K Add +17.0%
IYR iShares US Real Estate ETF 0.11% 6,599 $632K Reduce -0.5%
PWZ Invesco California Amt-Free 0.11% 26,232 $626K No change
IWN iShares Russell 2000 Value E 0.11% 4,032 $609K No change
IVW iShares S&P 500 Growth ETF 0.11% 6,490 $602K No change
PCVX Vaxcyte Inc. 0.10% 17,580 $579K New
CART Maplebear Inc. 0.10% 13,995 $558K No change
SRLN SS Blackstone Sr Loan ETF 0.10% 13,020 $536K No change
RTX RTX Corp. 0.09% 4,023 $533K No change
EWJ iShares MSCI Japan ETF 0.09% 7,726 $530K Add +4.8%
UNH Unitedhealth Group Inc. 0.09% 990 $519K Reduce -2.1%
BABA Alibaba Group Holding-SP ADR 0.08% 3,200 $423K Reduce -29.9%
EMB iShares JP Morgan Usd Emergi 0.07% 4,626 $419K Reduce -11.1%
PM Philip Morris International 0.07% 2,604 $413K Reduce -7.2%
STPZ PIMCO 1-5 Year US Tips Index 0.07% 7,483 $404K No change
COIN Coinbase Global Inc. Class A 0.07% 2,313 $398K Reduce -5.1%
SHY iShares 1-3 Year Treasury Bo 0.07% 4,583 $379K No change
DOO BRP Inc./Ca- Sub Voting 0.07% 10,982 $371K Reduce -1.1%
BKLN Invesco Senior Loan ETF 0.07% 17,840 $369K No change
ACWX iShares MSCI Acwi Ex US ETF 0.06% 6,578 $365K No change
VWO Vanguard Ftse Emerging Marke 0.06% 7,852 $355K No change
EXPE Expedia Group Inc. 0.06% 2,026 $341K No change
META Meta Platforms Inc. Class A 0.06% 575 $331K Reduce -2.5%
H Hyatt Hotels Corp. Class A 0.06% 2,628 $322K No change
LMT Lockheed Martin Corp. 0.06% 708 $316K Reduce -2.9%
IJH iShares Core S&P Midcap ETF 0.06% 5,400 $315K No change
MKL Markel Group Inc. 0.05% 150 $280K No change
WHF Whitehorse Finance Inc. 0.05% 28,337 $273K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.05% 2,513 $273K No change
UBER Uber Technologies Inc. 0.05% 3,737 $272K Reduce -11.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.05% 1,553 $268K No change
BND Vanguard Total Bond Market 0.05% 3,530 $259K No change
QSR Restaurant Brands Intern 0.04% 3,501 $233K No change
SPHY SS SPDR P High Yield ETF 0.04% 9,829 $230K No change
SMMD iShares Russell 2500 ETF 0.04% 3,665 $229K No change
CPT Camden Property Trust 0.04% 1,839 $225K No change
BIV Vanguard Intermediate-Term B 0.04% 2,668 $204K New
TSM Taiwan Semiconductor-SP ADR 0.04% 1,230 $204K Add +0.7%
HLN Haleon PLC-ADR 0.03% 16,010 $165K No change

Portfolio Sells Q4 2024 → Q1 2025
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -46.1% 8.50% −5.97
IVV iShares Core S&P 500 ETF Reduce -11.2% 3.34% −0.29
CNXC Concentrix Corp. Sold out 0.00% −0.27
SGRY Surgery Partners Inc. Reduce -26.6% 1.31% −0.16
QQQ Invesco QQQ Trust Series 1 Reduce -3.1% 2.60% −0.10
BCSF Bain Capital Specialty Finan Reduce -7.7% 1.60% −0.09
MSFT Microsoft Corp. Reduce -12.2% 0.45% −0.08
TSLA Tesla Inc. Sold out 0.00% −0.08
NVDA Nvidia Corp. Reduce -14.4% 0.24% −0.08
IWM iShares Russell 2000 ETF Reduce -1.1% 2.27% −0.07
AMZN Amazon.com Inc. Reduce -14.0% 0.30% −0.07
GOOG Alphabet Inc. Class C Reduce -3.7% 0.39% −0.06
AAPL Apple Inc. Reduce -3.3% 0.86% −0.06
NMFC New Mountain Finance Corp. Reduce -9.4% 1.59% −0.06
GOOGL Alphabet Inc. Class A Reduce -14.2% 0.17% −0.05
AVGO Broadcom Inc. Sold out 0.00% −0.05
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.05
TIDAL TRUST II Sold out 0.00% −0.04
WRBY Warby Parker Inc. Class A Sold out 0.00% −0.04
JPM JPMorgan Chase & Co. Sold out 0.00% −0.04
IEF iShares 7-10 Year Treasury B Reduce -12.7% 1.55% −0.03
XLK SS Technology Select Sector Sold out 0.00% −0.03
RIVN Rivian Automotive Inc. Class A Sold out 0.00% −0.03
SJNK SS SPDR BB St Hi Yield ETF Reduce -22.8% 0.16% −0.03
COIN Coinbase Global Inc. Class A Reduce -5.1% 0.07% −0.03
DOO BRP Inc./Ca- Sub Voting Reduce -1.1% 0.07% −0.03
ETN Eaton Corp. PLC Reduce -3.1% 0.15% −0.02
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -17.1% 0.23% −0.02
ORCL Oracle Corp. Reduce -1.4% 0.21% −0.02
VALE Vale SA-SP ADR Sold out 0.00% −0.02
ETF OPPORTUNITIES TRUST Sold out 0.00% −0.01
ABEV Ambev SA-ADR Sold out 0.00% −0.01
RAPT THERAPEUTICS INC Sold out 0.00% −0.00
LMT Lockheed Martin Corp. Reduce -2.9% 0.06% −0.00
EMB iShares JP Morgan Usd Emergi Reduce -11.1% 0.07% −0.00
IGSB iShares 1-5Y Inv Grade Corp. Reduce -9.0% 1.29% +0.00
META Meta Platforms Inc. Class A Reduce -2.5% 0.06% +0.00
UBER Uber Technologies Inc. Reduce -11.4% 0.05% +0.01
UNH Unitedhealth Group Inc. Reduce -2.1% 0.09% +0.01
IYR iShares US Real Estate ETF Reduce -0.5% 0.11% +0.01
BABA Alibaba Group Holding-SP ADR Reduce -29.9% 0.08% +0.01
AHCO Adapthealth Corp. Reduce -8.5% 0.15% +0.02
PM Philip Morris International Reduce -7.2% 0.07% +0.02
V Visa Inc. Class A Reduce -4.4% 0.22% +0.03
MCHI iShares MSCI China ETF Reduce -3.2% 0.49% +0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.6% 0.76% +0.16
ACWI iShares MSCI Acwi ETF Reduce -5.0% 17.87% +0.39
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.7% 16.87% +0.48
GLD SPDR Gold Shares Reduce -0.6% 9.73% +2.15

Portfolio Buys Q4 2024 → Q1 2025
RSP Invesco S&P 500 Equal Weight Add +16.4% 3.70% +0.74
DJP Ipath Bloomberg Commodity Inc. Add +0.3% 3.13% +0.52
EEM iShares MSCI Emerging Market Add +12.8% 2.04% +0.45
VGK Vanguard Ftse Europe ETF Add +6.0% 1.45% +0.31
IBIT iShares Bitcoin Trust ETF Add +423.6% 0.37% +0.30
DHI D.R. Horton Inc. Add +557.8% 0.34% +0.29
IJR iShares Core S&P Small-Cap E Add +14.9% 2.47% +0.29
EFA iShares MSCI Eafe ETF Add +1.4% 1.56% +0.25
XBI SS SPDR S&P Biotech ETF Add +61.5% 0.40% +0.15
BITX 2X Bitcoin ETF New 0.14% +0.14
IWD iShares Russell 1000 Value E Add +2.3% 1.20% +0.14
TRTX TPG Re Finance Trust Inc. New 0.14% +0.14
BBDC Barings BDC Inc. Add +7.4% 0.91% +0.13
PCVX Vaxcyte Inc. New 0.10% +0.10
CVS CVS Health Corp. Add +36.3% 0.12% +0.07
NYF iShares New York Muni Bond E Add +56.0% 0.15% +0.06
VTI VG Morningstar TS MKT ETF-US Add +34.0% 0.19% +0.05
SPOT Spotify Technology SA Add +0.8% 0.21% +0.05
XLF SS Financial Select Sector Add +0.7% 0.37% +0.04
BIV Vanguard Intermediate-Term B New 0.04% +0.04
PLTR Palantir Technologies Inc. Class A Add +4.8% 0.12% +0.03
ASML ASML Holding NV-NY Reg SHS Add +17.0% 0.11% +0.02
SPGI S&P Global Inc. Add +0.9% 0.18% +0.02
XLI SS Industrial Select Sector Add +5.0% 0.14% +0.02
EWJ iShares MSCI Japan ETF Add +4.8% 0.09% +0.01
INDA iShares MSCI India ETF Add +3.0% 0.12% +0.01
TSM Taiwan Semiconductor-SP ADR Add +0.7% 0.04% −0.00
APO Apollo Global Management Inc. Add +0.2% 0.35% −0.04

Options Activity Q4 2024 → Q1 2025
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 14,000 $8.2Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025
PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) NOTE 6.375% 3/0 · principal Sold out 22,500 $22Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 139$852.2MACWI, SPY, GLD, BIL, IJR
Q1 2026 121$711.6MACWI, SPY, GLD, BIL, IJR
Q4 2025 113$713.6MACWI, SPY, GLD, BIL, RSP
Q3 2025 113$687.6MACWI, SPY, GLD, BIL, RSP
Q2 2025 109$638.0MACWI, SPY, GLD, BIL, RSP
Q1 2025 99$563.8MACWI, SPY, GLD, BIL, RSP
Q4 2024 108$612.1MACWI, SPY, BIL, GLD, IVV
Q3 2024 97$529.6MACWI, SPY, GLD, IVV, RSP
Q2 2024 104$491.6MACWI, SPY, GLD, IVV, DJP
Q1 2024 113$501.5MACWI, SPY, BCSF, GLD, IVV