Donoghue Forlines LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Donoghue Forlines LLC reported 102 stock positions worth $315.5 million. Its top holding was SS SPDR P High Yield ETF (SPHY) at 10.1% of the portfolio, followed by SS SPDR P Int Term TSY ETF (SPTI, 9.0%) and SS Blackstone Sr Loan ETF (SRLN, 7.6%). Compared with Q4 2024, it opened 54 new positions, sold out of 51, added to 28 and reduced 20. The biggest buy was a new position in SS SPDR P Int Term TSY ETF (SPTI) and the biggest sale an exit from JPMorgan Ultra-Short Income (JPST).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001702435
- Portfolio Value
- $315.5M (Q1 2025)
- SEC Filing
- 0001172661-25-001649 ↗ filed May 12, 2025
Holdings Value
Holdings 102 stocks · $315.5M
| SPHY SS SPDR P High Yield ETF | 10.10% | 1,360,977 | $31.9M | Reduce -6.0% |
| SPTI SS SPDR P Int Term TSY ETF | 8.95% | 988,393 | $28.2M | New |
| SRLN SS Blackstone Sr Loan ETF | 7.63% | 585,077 | $24.1M | Add +2.3% |
| JAAA Janus Henderson Aaa Clo ETF | 4.47% | 278,290 | $14.1M | New |
| CLOX Eldridge Aaa Clo ETF | 4.47% | 552,435 | $14.1M | New |
| CLOZ Eldridge BBB-B Clo ETF | 3.13% | 371,741 | $9.9M | New |
| T AT&T Inc. | 1.29% | 144,146 | $4.1M | Reduce -8.3% |
| C Citigroup Inc. | 1.23% | 54,544 | $3.9M | Add +152.6% |
| CME Cme Group Inc. | 1.21% | 14,437 | $3.8M | New |
| NRG NRG Energy Inc. | 1.21% | 40,087 | $3.8M | Add +146.3% |
| SPG Simon Property Group Inc. | 1.18% | 22,350 | $3.7M | Add +149.7% |
| ABBV Abbvie Inc. | 1.16% | 17,484 | $3.7M | Add +93.8% |
| BKLN Invesco Senior Loan ETF | 0.85% | 128,827 | $2.7M | New |
| ORLY O'reilly Automotive Inc. | 0.78% | 1,718 | $2.5M | New |
| EQT Eqt Corp. | 0.78% | 45,995 | $2.5M | New |
| FOXA Fox Corp. Class A | 0.77% | 43,048 | $2.4M | New |
| VRSN Verisign Inc. | 0.77% | 9,556 | $2.4M | New |
| LNG Cheniere Energy Inc. | 0.77% | 10,464 | $2.4M | New |
| AZO AutoZone Inc. | 0.77% | 635 | $2.4M | New |
| HOOD Robinhood Markets Inc. Class A | 0.76% | 57,848 | $2.4M | New |
| V Visa Inc. Class A | 0.75% | 6,764 | $2.4M | New |
| RSG Republic Services Inc. | 0.75% | 9,763 | $2.4M | New |
| PM Philip Morris International | 0.75% | 14,880 | $2.4M | Add +18.7% |
| BSX Boston Scientific Corp. | 0.75% | 23,351 | $2.4M | New |
| MA Mastercard Inc. Class A | 0.74% | 4,288 | $2.4M | New |
| WELL Welltower Inc. | 0.74% | 15,281 | $2.3M | Reduce -8.0% |
| RTX RTX Corp. | 0.74% | 17,595 | $2.3M | New |
| LIN Linde PLC | 0.74% | 4,990 | $2.3M | New |
| WMT Walmart Inc. | 0.74% | 26,428 | $2.3M | Add +17.5% |
| TDY Teledyne Technologies Inc. | 0.73% | 4,639 | $2.3M | New |
| RBLX Roblox Corp. Class A | 0.73% | 39,597 | $2.3M | New |
| LPLA LPL Financial Holdings Inc. | 0.73% | 7,054 | $2.3M | Add +9.1% |
| SSNC Ss&c Technologies Holdings | 0.73% | 27,616 | $2.3M | New |
| KO The Coca-Cola Co. | 0.73% | 32,195 | $2.3M | New |
| CSCO Cisco Systems Inc. | 0.73% | 37,245 | $2.3M | Reduce -40.9% |
| YUM Yum! Brands Inc. | 0.73% | 14,583 | $2.3M | New |
| ABT Abbott Laboratories | 0.73% | 17,283 | $2.3M | New |
| JBL Jabil Inc. | 0.72% | 16,789 | $2.3M | New |
| HWM Howmet Aerospace Inc. | 0.72% | 17,599 | $2.3M | New |
| EQH Equitable Holdings Inc. | 0.72% | 43,779 | $2.3M | New |
| PLTR Palantir Technologies Inc. Class A | 0.72% | 26,920 | $2.3M | Reduce -8.6% |
| LLY Eli Lilly & Co. | 0.72% | 2,737 | $2.3M | New |
| FFIV F5 Inc. | 0.71% | 8,462 | $2.3M | New |
| KLAC KLA Corp. | 0.71% | 3,306 | $2.2M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.71% | 9,021 | $2.2M | Add +35.1% |
| SBUX Starbucks Corp. | 0.71% | 22,815 | $2.2M | New |
| ECL Ecolab Inc. | 0.71% | 8,823 | $2.2M | New |
| GILD Gilead Sciences Inc. | 0.70% | 19,758 | $2.2M | Reduce -50.5% |
| FTNT Fortinet Inc. | 0.70% | 22,993 | $2.2M | Add +5.5% |
| TPR Tapestry Inc. | 0.70% | 31,407 | $2.2M | New |
| TWLO Twilio Inc. Class A | 0.68% | 21,899 | $2.1M | New |
| MAGS Roundhill Magnificent Seven | 0.68% | 46,574 | $2.1M | New |
| NET Cloudflare Inc. Class A | 0.67% | 18,856 | $2.1M | New |
| TEAM Atlassian Corp. Class A | 0.67% | 9,943 | $2.1M | Add +27.8% |
| PINS Pinterest Inc. Class A | 0.66% | 67,661 | $2.1M | New |
| META Meta Platforms Inc. Class A | 0.66% | 3,632 | $2.1M | New |
| AVGO Broadcom Inc. | 0.62% | 11,592 | $1.9M | New |
| SMCI Super Micro Computer Inc. | 0.58% | 53,020 | $1.8M | New |
| CVX Chevron Corp. | 0.51% | 9,530 | $1.6M | Reduce -6.6% |
| XOM Exxon Mobil Corp. | 0.50% | 13,329 | $1.6M | New |
| KMI Kinder Morgan Inc. | 0.50% | 54,851 | $1.6M | Reduce -3.8% |
| OKE Oneok Inc. | 0.49% | 15,645 | $1.6M | Add +4.6% |
| VZ Verizon Communications Inc. | 0.49% | 34,156 | $1.5M | Reduce -8.6% |
| PAYX Paychex Inc. | 0.49% | 10,035 | $1.5M | Reduce -7.8% |
| FNF Fidelity National Financial | 0.49% | 23,595 | $1.5M | Reduce -9.8% |
| IP International Paper Co. | 0.49% | 28,735 | $1.5M | New |
| PRU Prudential Financial Inc. | 0.49% | 13,714 | $1.5M | Add +6.3% |
| CMCSA Comcast Corp. Class A | 0.48% | 41,334 | $1.5M | Add +3.9% |
| F Ford Motor Co. filed as FORD MTR CO | 0.48% | 151,687 | $1.5M | Add +1.8% |
| CVS CVS Health Corp. | 0.48% | 22,443 | $1.5M | Reduce -28.0% |
| STT State Street Corp. | 0.48% | 16,962 | $1.5M | Add +8.8% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.48% | 8,453 | $1.5M | New |
| MO Altria Group Inc. | 0.48% | 25,172 | $1.5M | Reduce -12.2% |
| SNA Snap-on Inc. | 0.48% | 4,467 | $1.5M | Add +1.6% |
| HBAN Huntington Bancshares Inc. | 0.48% | 99,993 | $1.5M | Add +11.4% |
| CAG Conagra Brands Inc. | 0.47% | 56,146 | $1.5M | Reduce -2.2% |
| PFG Principal Financial Group | 0.47% | 17,736 | $1.5M | New |
| PNC PNC Financial Services Group | 0.47% | 8,507 | $1.5M | Add +9.8% |
| MS Morgan Stanley | 0.47% | 12,758 | $1.5M | Add +3.9% |
| BMY Bristol-Myers Squibb Co. | 0.47% | 24,328 | $1.5M | Reduce -12.5% |
| JNJ Johnson & Johnson | 0.47% | 8,934 | $1.5M | New |
| FITB Fifth Third Bancorp | 0.47% | 37,760 | $1.5M | Add +10.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.47% | 45,341 | $1.5M | New |
| MET Metlife Inc. | 0.47% | 18,370 | $1.5M | Reduce -3.8% |
| BBY Best Buy Co. Inc. | 0.47% | 20,031 | $1.5M | Add +10.7% |
| USB US Bancorp | 0.47% | 34,906 | $1.5M | Add +14.3% |
| CFG Citizens Financial Group | 0.47% | 35,942 | $1.5M | Add +6.0% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.46% | 18,722 | $1.5M | New |
| NTRS Northern Trust Corp. | 0.46% | 14,811 | $1.5M | Add +0.2% |
| LHX L3HARRIS Technologies Inc. | 0.46% | 6,961 | $1.5M | New |
| AMGN Amgen Inc. | 0.46% | 4,656 | $1.5M | Reduce -17.6% |
| PSX Phillips 66 | 0.46% | 11,736 | $1.4M | Reduce -7.0% |
| PFE Pfizer Inc. | 0.45% | 56,592 | $1.4M | New |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.45% | 15,597 | $1.4M | Add +21.8% |
| MDT Medtronic PLC | 0.45% | 15,905 | $1.4M | Reduce -15.5% |
| STX Seagate Technology Holdings | 0.45% | 16,773 | $1.4M | New |
| HPQ HP Inc. | 0.45% | 51,108 | $1.4M | Add +13.1% |
| NEE Nextera Energy Inc. | 0.45% | 19,954 | $1.4M | New |
| VST Vistra Corp. | 0.44% | 11,930 | $1.4M | Reduce -52.3% |
| MRK Merck & Co. Inc. | 0.44% | 15,586 | $1.4M | New |
Portfolio Sells Q4 2024 → Q1 2025
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −10.69 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Sold out | 0.00% | −10.41 |
| SPHY SS SPDR P High Yield ETF | Reduce -6.0% | 10.10% | −1.27 |
| BNY Bank of New York Mellon Corp. | Sold out | 0.00% | −1.19 |
| PKG Packaging Corp. of America | Sold out | 0.00% | −1.17 |
| MNST Monster Beverage Corp. | Sold out | 0.00% | −0.72 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.72 |
| GLW Corning Inc. | Sold out | 0.00% | −0.71 |
| KR Kroger Co. | Sold out | 0.00% | −0.71 |
| VST Vistra Corp. | Reduce -52.3% | 0.44% | −0.71 |
| GWRE Guidewire Software Inc. | Sold out | 0.00% | −0.71 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.70 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.70 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.70 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.69 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.69 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.69 |
| LYV Live Nation Entertainment Inc. | Sold out | 0.00% | −0.69 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.69 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.68 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.68 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.68 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.68 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.68 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.68 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.68 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.68 |
| NTRA Natera Inc. | Sold out | 0.00% | −0.68 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.67 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.67 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.67 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.67 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.67 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.66 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.66 |
| PNR Pentair PLC | Sold out | 0.00% | −0.66 |
| TPL Texas Pacific Land Corp. | Sold out | 0.00% | −0.65 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.65 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.65 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.65 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.65 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.64 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.63 |
| CVNA Carvana Co. | Sold out | 0.00% | −0.58 |
| GILD Gilead Sciences Inc. | Reduce -50.5% | 0.70% | −0.53 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.53 |
| CSCO Cisco Systems Inc. | Reduce -40.9% | 0.73% | −0.52 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.51 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.50 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.50 |
Portfolio Buys Q4 2024 → Q1 2025
| SPTI SS SPDR P Int Term TSY ETF | New | 8.95% | +8.95 |
| JAAA Janus Henderson Aaa Clo ETF | New | 4.47% | +4.47 |
| CLOX Eldridge Aaa Clo ETF | New | 4.47% | +4.47 |
| CLOZ Eldridge BBB-B Clo ETF | New | 3.13% | +3.13 |
| CME Cme Group Inc. | New | 1.21% | +1.21 |
| BKLN Invesco Senior Loan ETF | New | 0.85% | +0.85 |
| ORLY O'reilly Automotive Inc. | New | 0.78% | +0.78 |
| EQT Eqt Corp. | New | 0.78% | +0.78 |
| FOXA Fox Corp. Class A | New | 0.77% | +0.77 |
| VRSN Verisign Inc. | New | 0.77% | +0.77 |
| LNG Cheniere Energy Inc. | New | 0.77% | +0.77 |
| AZO AutoZone Inc. | New | 0.77% | +0.77 |
| HOOD Robinhood Markets Inc. Class A | New | 0.76% | +0.76 |
| V Visa Inc. Class A | New | 0.75% | +0.75 |
| RSG Republic Services Inc. | New | 0.75% | +0.75 |
| BSX Boston Scientific Corp. | New | 0.75% | +0.75 |
| MA Mastercard Inc. Class A | New | 0.74% | +0.74 |
| RTX RTX Corp. | New | 0.74% | +0.74 |
| LIN Linde PLC | New | 0.74% | +0.74 |
| TDY Teledyne Technologies Inc. | New | 0.73% | +0.73 |
| RBLX Roblox Corp. Class A | New | 0.73% | +0.73 |
| SSNC Ss&c Technologies Holdings | New | 0.73% | +0.73 |
| KO The Coca-Cola Co. | New | 0.73% | +0.73 |
| YUM Yum! Brands Inc. | New | 0.73% | +0.73 |
| ABT Abbott Laboratories | New | 0.73% | +0.73 |
| JBL Jabil Inc. | New | 0.72% | +0.72 |
| HWM Howmet Aerospace Inc. | New | 0.72% | +0.72 |
| EQH Equitable Holdings Inc. | New | 0.72% | +0.72 |
| NRG NRG Energy Inc. | Add +146.3% | 1.21% | +0.72 |
| C Citigroup Inc. | Add +152.6% | 1.23% | +0.72 |
| LLY Eli Lilly & Co. | New | 0.72% | +0.72 |
| FFIV F5 Inc. | New | 0.71% | +0.71 |
| KLAC KLA Corp. | New | 0.71% | +0.71 |
| SBUX Starbucks Corp. | New | 0.71% | +0.71 |
| ECL Ecolab Inc. | New | 0.71% | +0.71 |
| TPR Tapestry Inc. | New | 0.70% | +0.70 |
| TWLO Twilio Inc. Class A | New | 0.68% | +0.68 |
| MAGS Roundhill Magnificent Seven | New | 0.68% | +0.68 |
| NET Cloudflare Inc. Class A | New | 0.67% | +0.67 |
| PINS Pinterest Inc. Class A | New | 0.66% | +0.66 |
| META Meta Platforms Inc. Class A | New | 0.66% | +0.66 |
| SPG Simon Property Group Inc. | Add +149.7% | 1.18% | +0.66 |
| ABBV Abbvie Inc. | Add +93.8% | 1.16% | +0.62 |
| AVGO Broadcom Inc. | New | 0.62% | +0.62 |
| SMCI Super Micro Computer Inc. | New | 0.58% | +0.58 |
| XOM Exxon Mobil Corp. | New | 0.50% | +0.50 |
| IP International Paper Co. | New | 0.49% | +0.49 |
| MTB M & T Bank Corp. | New | 0.48% | +0.48 |
| PFG Principal Financial Group | New | 0.47% | +0.47 |
| JNJ Johnson & Johnson | New | 0.47% | +0.47 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 114 | $386.7M | SPHY, XFIV, SRLN, BKLN, GOOGL |
| Q1 2026 | 118 | $361.4M | SPTS, BIL, XFIV, SHY, VGSH |
| Q4 2025 | 113 | $323.4M | XFIV, SPAB, SPHY, SRLN, BKLN |
| Q3 2025 | 100 | $324.5M | BIL, JPST, SRLN, BKLN, SPHY |
| Q2 2025 | 102 | $350.6M | SRLN, SPHY, JPST, BIL, BKLN |
| Q1 2025 | 102 | $315.5M | SPHY, SPTI, SRLN, JAAA, CLOX |
| Q4 2024 | 99 | $299.0M | SPHY, JPST, SPTL, SRLN, CSCO |
| Q3 2024 | 226 | $350.8M | SPHY, JPST, BIL, SRLN, JNK |
| Q2 2024 | 220 | $352.0M | SPHY, SPTI, SPAB, SRLN, BKLN |
| Q1 2024 | 218 | $351.1M | SPHY, SPAB, SPTI, SRLN, JNK |