Dimension Capital Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Dimension Capital Management LLC reported 113 stock positions worth $713.6 million. Its top holding was iShares MSCI Acwi ETF (ACWI) at 16.9% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 16.4%) and SPDR Gold Shares (GLD, 10.5%). Compared with Q3 2025, it opened 11 new positions, sold out of 11, added to 33 and reduced 33. The biggest buy was Long Pond Real Estat Sel ETF (LPRE, shares +356%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −7%).

Most Recent 13F
Q2 2026
Location
Coral Gables, FL
CIK
0001041773
Portfolio Value
$713.6M (Q4 2025)
SEC Filing
0001172661-26-000991 ↗ filed Feb 17, 2026

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 Q1 2025 Q2 2025: $638.0M Q2 2025 Q3 2025: $687.6M Q3 2025 Q4 2025: $713.6M $713.6M Q4 2025 Q1 2026: $711.6M Q1 2026 Q2 2026: $852.2M Q2 2026

Holdings 113 stocks · $713.6M
ACWI iShares MSCI Acwi ETF 16.91% 852,915 $120.7M Reduce -1.3%
SPY SS SPDR S&P 500 ETF Trust-US 16.44% 172,073 $117.3M Reduce -2.0%
GLD SPDR Gold Shares 10.48% 188,723 $74.8M Add +2.5%
BIL SS SPDR BB 1-3M T-Bill ETF 6.03% 470,880 $43.0M Reduce -6.5%
RSP Invesco S&P 500 Equal Weight 3.37% 125,354 $24.0M Add +3.8%
IJR iShares Core S&P Small-Cap E 3.10% 184,252 $22.1M Add +0.2%
IVV iShares Core S&P 500 ETF 2.70% 28,084 $19.3M Reduce -15.1%
QQQ Invesco QQQ Trust Series 1 2.62% 30,410 $18.7M Reduce -2.2%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 2.58% 489,402 $18.4M Add +0.4%
IWM iShares Russell 2000 ETF 2.17% 62,974 $15.5M Reduce -2.3%
EEM iShares MSCI Emerging Market 2.07% 270,185 $14.8M Add +3.0%
EFA iShares MSCI Eafe ETF 1.59% 117,987 $11.3M Add +8.8%
BCSF Bain Capital Specialty Finan 1.58% 810,685 $11.3M Add +17.6%
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 1.48% 1,149,335 $10.6M Add +1.5%
LPRE Long Pond Real Estat Sel ETF 1.44% 385,740 $10.3M Add +356.0%
VGK Vanguard Ftse Europe ETF 1.37% 116,663 $9.8M Reduce -0.8%
AMZN Amazon.com Inc. 1.32% 40,955 $9.5M Add +75.9%
IGSB iShares 1-5Y Inv Grade Corp. 1.22% 164,391 $8.7M Add +0.3%
IWF iShares Russell 1000 Growth 1.13% 17,075 $8.1M Reduce -1.5%
IEF iShares 7-10 Year Treasury B 1.11% 82,008 $7.9M Reduce -6.7%
IWD iShares Russell 1000 Value E 1.09% 37,114 $7.8M Add +0.3%
BBDC Barings BDC Inc. 0.98% 758,943 $7.0M Add +18.3%
MSFT Microsoft Corp. 0.90% 13,250 $6.4M Add +83.4%
SGRY Surgery Partners Inc. 0.84% 390,122 $6.0M Add +19.7%
TRTX TPG Re Finance Trust Inc. 0.84% 692,947 $6.0M Add +2.0%
AAPL Apple Inc. 0.83% 21,724 $5.9M Reduce -2.3%
BRK.B Berkshire Hathaway Inc. Class B 0.66% 9,386 $4.7M Add +98.5%
CEG Constellation Energy 0.66% 13,235 $4.7M Add +0.2%
MS Morgan Stanley 0.65% 26,270 $4.7M No change
BRK.A Berkshire Hathaway Inc. Class A 0.63% 6 $4.5M Reduce -14.3%
GOOG Alphabet Inc. Class C 0.58% 13,250 $4.2M Add +1.4%
META Meta Platforms Inc. Class A 0.48% 5,174 $3.4M Add +3.8%
GLBE Global-E Online Ltd. 0.46% 82,709 $3.3M No change
MCHI iShares MSCI China ETF 0.44% 52,254 $3.1M Add +3.1%
XBI SS SPDR S&P Biotech ETF 0.43% 25,326 $3.1M Reduce -8.3%
FNV Franco-Nevada Corp. 0.42% 14,300 $3.0M No change
XLF SS Financial Select Sector 0.38% 49,990 $2.7M Add +1.8%
APLE Apple Hospitality REIT Inc. 0.34% 205,000 $2.4M New
UDR Udr Inc. 0.34% 65,700 $2.4M New
SMRT Smartrent Inc. 0.33% 1,159,135 $2.3M No change
NVDA Nvidia Corp. 0.32% 12,238 $2.3M Reduce -0.0%
BX Blackstone Inc. 0.29% 13,519 $2.1M Add +3.5%
GOOGL Alphabet Inc. Class A 0.29% 6,560 $2.1M Reduce -5.3%
APO Apollo Global Management Inc. 0.29% 14,107 $2.0M Reduce -1.3%
VB Vanguard Most SM-Cap ETF-Usd 0.25% 7,032 $1.8M No change
ORCL Oracle Corp. 0.23% 8,237 $1.6M Reduce -1.8%
DBEF Xtrackers MSCI Eafe Hedged E 0.20% 29,107 $1.4M No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.18% 16,058 $1.3M Reduce -1.0%
AHCO Adapthealth Corp. 0.18% 128,947 $1.3M No change
VOO Vanguard S&P 500 ETF 0.18% 2,035 $1.3M Reduce -5.6%
SPOT Spotify Technology SA 0.18% 2,157 $1.3M Reduce -2.4%
V Visa Inc. Class A 0.17% 3,458 $1.2M No change
HEFA Isha Curr Hedged MSCI Eafe 0.17% 28,703 $1.2M No change
DOO BRP Inc./Ca- Sub Voting 0.15% 15,521 $1.1M Reduce -8.2%
ETN Eaton Corp. PLC 0.15% 3,321 $1.1M Add +0.3%
SPGI S&P Global Inc. 0.15% 2,017 $1.1M Add +0.5%
IBIT iShares Bitcoin Trust ETF 0.15% 21,168 $1.1M Reduce -24.0%
ASML ASML Holding NV-NY Reg SHS 0.15% 970 $1.0M Reduce -0.2%
PLTR Palantir Technologies Inc. Class A 0.14% 5,603 $996K Reduce -51.4%
XLI SS Industrial Select Sector 0.13% 6,133 $951K Add +4.5%
INDA iShares MSCI India ETF 0.12% 15,917 $860K Add +22.7%
CVS CVS Health Corp. 0.12% 10,507 $834K No change
IVE iShares S&P 500 Value ETF 0.12% 3,873 $821K No change
MCO Moody's Corp. 0.11% 1,586 $810K No change
IVW iShares S&P 500 Growth ETF 0.11% 6,490 $800K No change
RTX RTX Corp. 0.10% 3,790 $695K Reduce -2.4%
HEZU iShares Currency Hedged MSCI 0.09% 14,953 $654K Reduce -16.2%
PWZ Invesco California Amt-Free 0.09% 26,232 $634K No change
IYR iShares US Real Estate ETF 0.08% 6,329 $594K Reduce -4.1%
SJNK SS SPDR BB St Hi Yield ETF 0.08% 22,830 $578K No change
EXPE Expedia Group Inc. 0.08% 1,976 $560K Reduce -2.5%
SRLN SS Blackstone Sr Loan ETF 0.08% 13,213 $545K No change
SHY iShares 1-3 Year Treasury Bo 0.07% 6,394 $530K Add +39.5%
COIN Coinbase Global Inc. Class A 0.07% 2,274 $514K Reduce -0.0%
SHOP Shopify Inc. Class A 0.07% 3,086 $497K Reduce -0.6%
XOM Exxon Mobil Corp. 0.07% 4,118 $496K New
CART Maplebear Inc. 0.07% 10,350 $466K No change
UYG Proshares Ultra Financials 0.06% 5,000 $459K New
AVGO Broadcom Inc. 0.06% 1,295 $448K Add +52.7%
ACWX iShares MSCI Acwi Ex US ETF 0.06% 6,578 $442K No change
JBGS JBG Smith Properties 0.06% 25,934 $441K No change
VWO Vanguard Ftse Emerging Marke 0.06% 7,852 $422K No change
STPZ PIMCO 1-5 Year US Tips Index 0.06% 7,483 $402K No change
MRK Merck & Co. Inc. 0.05% 3,704 $390K New
H Hyatt Hotels Corp. Class A 0.05% 2,369 $380K Reduce -3.0%
BKLN Invesco Senior Loan ETF 0.05% 17,840 $375K No change
XLV SS Health Care Select Sector 0.05% 2,387 $370K Add +7.3%
EWJ iShares MSCI Japan ETF 0.05% 4,419 $357K Add +51.8%
IJH iShares Core S&P Midcap ETF 0.05% 5,400 $356K No change
EMB iShares JP Morgan Usd Emergi 0.05% 3,687 $355K No change
LMT Lockheed Martin Corp. 0.05% 706 $341K No change
FOR Forestar Group Inc. 0.05% 13,578 $334K Reduce -73.7%
TSM Taiwan Semiconductor-SP ADR 0.05% 1,092 $332K Reduce -6.6%
MKL Markel Group Inc. 0.05% 150 $322K No change
BBEU JPMorgan Betabuilders Europe 0.04% 4,040 $296K New
IWN iShares Russell 2000 Value E 0.04% 1,560 $283K Reduce -37.0%
SMMD iShares Russell 2500 ETF 0.04% 3,665 $275K No change
TSLA Tesla Inc. 0.04% 602 $271K Add +0.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.04% 2,416 $266K No change
BND Vanguard Total Bond Market 0.04% 3,530 $261K No change

Show all 113 holdings

Options reported separately and not counted above: AES puts ($1.1M).

Portfolio Sells Q3 2025 → Q4 2025
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -6.5% 6.03% −0.69
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.0% 16.44% −0.57
IVV iShares Core S&P 500 ETF Reduce -15.1% 2.70% −0.52
ACWI iShares MSCI Acwi ETF Reduce -1.3% 16.91% −0.46
DHI D.R. Horton Inc. Sold out 0.00% −0.46
UHAL U-Haul Holding Co. Sold out 0.00% −0.29
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.18
PLTR Palantir Technologies Inc. Class A Reduce -51.4% 0.14% −0.17
FOR Forestar Group Inc. Reduce -73.7% 0.05% −0.15
BRK.A Berkshire Hathaway Inc. Class A Reduce -14.3% 0.63% −0.13
IEF iShares 7-10 Year Treasury B Reduce -6.7% 1.11% −0.13
ORCL Oracle Corp. Reduce -1.8% 0.23% −0.12
NYF iShares New York Muni Bond E Sold out 0.00% −0.12
IBIT iShares Bitcoin Trust ETF Reduce -24.0% 0.15% −0.12
CRWV Coreweave Inc. Class A Sold out 0.00% −0.10
QQQ Invesco QQQ Trust Series 1 Reduce -2.2% 2.62% −0.10
IWM iShares Russell 2000 ETF Reduce -2.3% 2.17% −0.10
SPOT Spotify Technology SA Reduce -2.4% 0.18% −0.05
IWF iShares Russell 1000 Growth Reduce -1.5% 1.13% −0.05
ROOT Root Inc./Oh Class A Sold out 0.00% −0.04
COIN Coinbase Global Inc. Class A Reduce -0.0% 0.07% −0.04
WRBY Warby Parker Inc. Class A Sold out 0.00% −0.04
ARM Arm Holdings PLC-ADR Sold out 0.00% −0.04
PM Philip Morris International Sold out 0.00% −0.03
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.03
IWN iShares Russell 2000 Value E Reduce -37.0% 0.04% −0.02
HEZU iShares Currency Hedged MSCI Reduce -16.2% 0.09% −0.02
VOO Vanguard S&P 500 ETF Reduce -5.6% 0.18% −0.01
NVDA Nvidia Corp. Reduce -0.0% 0.32% −0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -1.0% 0.18% −0.01
IYR iShares US Real Estate ETF Reduce -4.1% 0.08% −0.01
BAC Bank of America Corp. Sold out 0.00% −0.00
TSM Taiwan Semiconductor-SP ADR Reduce -6.6% 0.05% −0.00
VGK Vanguard Ftse Europe ETF Reduce -0.8% 1.37% +0.00
SHOP Shopify Inc. Class A Reduce -0.6% 0.07% +0.00
H Hyatt Hotels Corp. Class A Reduce -3.0% 0.05% +0.00
RTX RTX Corp. Reduce -2.4% 0.10% +0.00
AAPL Apple Inc. Reduce -2.3% 0.83% +0.00
DOO BRP Inc./Ca- Sub Voting Reduce -8.2% 0.15% +0.00
ASML ASML Holding NV-NY Reg SHS Reduce -0.2% 0.15% +0.01
APO Apollo Global Management Inc. Reduce -1.3% 0.29% +0.01
EXPE Expedia Group Inc. Reduce -2.5% 0.08% +0.02
XBI SS SPDR S&P Biotech ETF Reduce -8.3% 0.43% +0.03
GOOGL Alphabet Inc. Class A Reduce -5.3% 0.29% +0.04

Portfolio Buys Q3 2025 → Q4 2025
LPRE Long Pond Real Estat Sel ETF Add +356.0% 1.44% +1.12
GLD SPDR Gold Shares Add +2.5% 10.48% +0.96
AMZN Amazon.com Inc. Add +75.9% 1.32% +0.58
MSFT Microsoft Corp. Add +83.4% 0.90% +0.35
APLE Apple Hospitality REIT Inc. New 0.34% +0.34
UDR Udr Inc. New 0.34% +0.34
BRK.B Berkshire Hathaway Inc. Class B Add +98.5% 0.66% +0.32
BBDC Barings BDC Inc. Add +18.3% 0.98% +0.16
BCSF Bain Capital Specialty Finan Add +17.6% 1.58% +0.15
GOOG Alphabet Inc. Class C Add +1.4% 0.58% +0.12
EFA iShares MSCI Eafe ETF Add +8.8% 1.59% +0.12
XOM Exxon Mobil Corp. New 0.07% +0.07
DJP Ipath Bloomberg Commodity Inc. Add +0.4% 2.58% +0.07
UYG Proshares Ultra Financials New 0.06% +0.06
MRK Merck & Co. Inc. New 0.05% +0.05
BBEU JPMorgan Betabuilders Europe New 0.04% +0.04
TXN Texas Instruments Inc. New 0.03% +0.03
RSP Invesco S&P 500 Equal Weight Add +3.8% 3.37% +0.03
EEM iShares MSCI Emerging Market Add +3.0% 2.07% +0.03
ETHA iShares Ethereum Trust ETF New 0.03% +0.03
LLY Eli Lilly & Co. New 0.03% +0.03
BBJP JPMorgan Betabuilders Japan New 0.03% +0.03
BSOL Bitwise Solana Staking ETF New 0.03% +0.03
CEG Constellation Energy Add +0.2% 0.66% +0.02
INDA iShares MSCI India ETF Add +22.7% 0.12% +0.02
AVGO Broadcom Inc. Add +52.7% 0.06% +0.02
SHY iShares 1-3 Year Treasury Bo Add +39.5% 0.07% +0.02
EWJ iShares MSCI Japan ETF Add +51.8% 0.05% +0.02
XLV SS Health Care Select Sector Add +7.3% 0.05% +0.01
SPGI S&P Global Inc. Add +0.5% 0.15% +0.01
HLN Haleon PLC-ADR Add +2.5% 0.02% +0.00
XLI SS Industrial Select Sector Add +4.5% 0.13% +0.00
TSLA Tesla Inc. Add +0.3% 0.04% −0.00
XLF SS Financial Select Sector Add +1.8% 0.38% −0.00
IWD iShares Russell 1000 Value E Add +0.3% 1.09% −0.00
TRTX TPG Re Finance Trust Inc. Add +2.0% 0.84% −0.01
ETN Eaton Corp. PLC Add +0.3% 0.15% −0.03
BX Blackstone Inc. Add +3.5% 0.29% −0.03
MCHI iShares MSCI China ETF Add +3.1% 0.44% −0.05
IGSB iShares 1-5Y Inv Grade Corp. Add +0.3% 1.22% −0.05
META Meta Platforms Inc. Class A Add +3.8% 0.48% −0.05
IJR iShares Core S&P Small-Cap E Add +0.2% 3.10% −0.07
NMFC New Mountain Finance Corp. Add +1.5% 1.48% −0.10
SGRY Surgery Partners Inc. Add +19.7% 0.84% −0.18

Options Activity Q3 2025 → Q4 2025
BAC Bank of America Corp. put Sold out 150,000 $7.7Mbefore exit
AES AES Corp. put New 75,000 $1.1M

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