Donoghue Forlines LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Donoghue Forlines LLC reported 102 stock positions worth $350.6 million. Its top holding was SS Blackstone Sr Loan ETF (SRLN) at 9.3% of the portfolio, followed by SS SPDR P High Yield ETF (SPHY, 8.5%) and JPMorgan Ultra-Short Income (JPST, 7.7%). Compared with Q1 2025, it opened 45 new positions, sold out of 45, added to 28 and reduced 29. The biggest buy was a new position in JPMorgan Ultra-Short Income (JPST) and the biggest sale an exit from SS SPDR P Int Term TSY ETF (SPTI).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001702435
- Portfolio Value
- $350.6M (Q2 2025)
- SEC Filing
- 0001172661-25-002967 ↗ filed Aug 8, 2025
Holdings Value
Holdings 102 stocks · $350.6M
| SRLN SS Blackstone Sr Loan ETF | 9.28% | 782,022 | $32.5M | Add +33.7% |
| SPHY SS SPDR P High Yield ETF | 8.48% | 1,249,580 | $29.7M | Reduce -8.2% |
| JPST JPMorgan Ultra-Short Income | 7.71% | 533,117 | $27.0M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 7.70% | 294,166 | $27.0M | New |
| BKLN Invesco Senior Loan ETF | 4.55% | 762,130 | $15.9M | Add +491.6% |
| STX Seagate Technology Holdings | 1.36% | 33,014 | $4.8M | Add +96.8% |
| NRG NRG Energy Inc. | 1.28% | 28,020 | $4.5M | Reduce -30.1% |
| CME Cme Group Inc. | 1.22% | 15,485 | $4.3M | Add +7.3% |
| LHX L3HARRIS Technologies Inc. | 1.21% | 16,928 | $4.2M | Add +143.2% |
| HOOD Robinhood Markets Inc. Class A | 0.96% | 36,095 | $3.4M | Reduce -37.6% |
| VRT Vertiv Holdings Co. Class A | 0.89% | 24,435 | $3.1M | New |
| NFLX Netflix Inc. | 0.85% | 2,213 | $3.0M | New |
| CAH Cardinal Health Inc. | 0.84% | 17,602 | $3.0M | New |
| RBLX Roblox Corp. Class A | 0.84% | 28,104 | $3.0M | Reduce -29.0% |
| NEM Newmont Corp. | 0.84% | 50,694 | $3.0M | New |
| THC Tenet Healthcare Corp. | 0.84% | 16,743 | $2.9M | New |
| NET Cloudflare Inc. Class A | 0.84% | 15,042 | $2.9M | Reduce -20.2% |
| AVGO Broadcom Inc. | 0.84% | 10,686 | $2.9M | Reduce -7.8% |
| EA Electronic Arts Inc. | 0.83% | 18,300 | $2.9M | New |
| EQT Eqt Corp. | 0.83% | 50,072 | $2.9M | Add +8.9% |
| UBER Uber Technologies Inc. | 0.83% | 31,217 | $2.9M | New |
| SNOW Snowflake Inc. | 0.83% | 12,955 | $2.9M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.82% | 5,667 | $2.9M | New |
| AXON Axon Enterprise Inc. | 0.82% | 3,469 | $2.9M | New |
| PWR Quanta Services Inc. | 0.82% | 7,596 | $2.9M | New |
| APH Amphenol Corp. Class A | 0.82% | 29,039 | $2.9M | New |
| MSFT Microsoft Corp. | 0.81% | 5,718 | $2.8M | New |
| DLTR Dollar Tree Inc. | 0.81% | 28,686 | $2.8M | New |
| ZS Zscaler Inc. | 0.81% | 9,013 | $2.8M | New |
| CBOE Cboe Global Markets Inc. | 0.81% | 12,124 | $2.8M | New |
| COR Cencora Inc. | 0.81% | 9,428 | $2.8M | New |
| SBAC SBA Communications Corp. | 0.81% | 12,024 | $2.8M | New |
| HCA HCA Healthcare Inc. | 0.80% | 7,352 | $2.8M | New |
| EXE Expand Energy Corp. | 0.80% | 24,079 | $2.8M | New |
| CW Curtiss-Wright Corp. | 0.80% | 5,730 | $2.8M | New |
| VRSN Verisign Inc. | 0.80% | 9,659 | $2.8M | Add +1.1% |
| SCHW Schwab (charles) Corp. | 0.80% | 30,572 | $2.8M | New |
| INTU Intuit Inc. | 0.79% | 3,532 | $2.8M | New |
| DG Dollar General Corp. | 0.79% | 24,248 | $2.8M | New |
| ULTA Ulta Beauty Inc. | 0.79% | 5,914 | $2.8M | New |
| CHTR Charter Communications Inc. Class A | 0.79% | 6,760 | $2.8M | New |
| HIG Hartford Insurance Group Inc. | 0.79% | 21,729 | $2.8M | New |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.78% | 37,334 | $2.7M | New |
| FIS Fidelity National Info Serv | 0.77% | 33,341 | $2.7M | New |
| CDNS Cadence Design SYS Inc. | 0.77% | 8,797 | $2.7M | New |
| MNST Monster Beverage Corp. | 0.77% | 43,178 | $2.7M | New |
| PLTR Palantir Technologies Inc. Class A | 0.77% | 19,817 | $2.7M | Reduce -26.4% |
| VEEV Veeva Systems Inc. Class A | 0.77% | 9,367 | $2.7M | New |
| ZM Zoom Communications Inc. | 0.77% | 34,578 | $2.7M | New |
| OKTA Okta Inc. | 0.77% | 26,907 | $2.7M | New |
| PM Philip Morris International | 0.77% | 14,740 | $2.7M | Reduce -0.9% |
| CVNA Carvana Co. | 0.76% | 7,942 | $2.7M | New |
| EBAY eBay Inc. | 0.74% | 34,703 | $2.6M | New |
| APP AppLovin Corp. Class A | 0.70% | 7,050 | $2.5M | New |
| IOO iShares Global 100 ETF | 0.67% | 21,940 | $2.4M | New |
| DUOL Duolingo | 0.67% | 5,704 | $2.3M | New |
| NTRS Northern Trust Corp. | 0.49% | 13,587 | $1.7M | Reduce -8.3% |
| VST Vistra Corp. | 0.49% | 8,833 | $1.7M | Reduce -26.0% |
| CEG Constellation Energy | 0.46% | 5,039 | $1.6M | New |
| STT State Street Corp. | 0.46% | 15,142 | $1.6M | Reduce -10.7% |
| C Citigroup Inc. | 0.46% | 18,798 | $1.6M | Reduce -65.5% |
| CFG Citizens Financial Group | 0.45% | 35,582 | $1.6M | Reduce -1.0% |
| KEY Keycorp | 0.45% | 90,770 | $1.6M | New |
| MS Morgan Stanley | 0.45% | 11,177 | $1.6M | Reduce -12.4% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.44% | 7,983 | $1.5M | Reduce -5.6% |
| FITB Fifth Third Bancorp | 0.44% | 37,633 | $1.5M | Reduce -0.3% |
| CVS CVS Health Corp. | 0.44% | 22,418 | $1.5M | Reduce -0.1% |
| PNC PNC Financial Services Group | 0.44% | 8,288 | $1.5M | Reduce -2.6% |
| HBAN Huntington Bancshares Inc. | 0.44% | 91,576 | $1.5M | Reduce -8.4% |
| PFG Principal Financial Group | 0.44% | 19,254 | $1.5M | Add +8.6% |
| USB US Bancorp | 0.43% | 33,331 | $1.5M | Reduce -4.5% |
| T AT&T Inc. | 0.43% | 52,013 | $1.5M | Reduce -63.9% |
| MET Metlife Inc. | 0.43% | 18,667 | $1.5M | Add +1.6% |
| F Ford Motor Co. filed as FORD MTR CO | 0.43% | 138,203 | $1.5M | Reduce -8.9% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.43% | 15,489 | $1.5M | Reduce -0.7% |
| CMCSA Comcast Corp. Class A | 0.43% | 41,875 | $1.5M | Add +1.3% |
| PCAR Paccar Inc. | 0.43% | 15,692 | $1.5M | Add +10.3% |
| FNF Fidelity National Financial | 0.42% | 26,479 | $1.5M | Add +12.2% |
| SPG Simon Property Group Inc. | 0.42% | 9,224 | $1.5M | Reduce -58.7% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.42% | 45,353 | $1.5M | Add +0.0% |
| UPS United Parcel Service Class B | 0.42% | 14,563 | $1.5M | Add +15.4% |
| PFE Pfizer Inc. | 0.42% | 60,168 | $1.5M | Add +6.3% |
| MDT Medtronic PLC | 0.42% | 16,731 | $1.5M | Add +5.2% |
| VZ Verizon Communications Inc. | 0.42% | 33,673 | $1.5M | Reduce -1.4% |
| CVX Chevron Corp. | 0.42% | 10,173 | $1.5M | Add +6.8% |
| PSX Phillips 66 | 0.41% | 12,179 | $1.5M | Add +3.8% |
| XOM Exxon Mobil Corp. | 0.41% | 13,473 | $1.5M | Add +1.1% |
| HPQ HP Inc. | 0.41% | 59,359 | $1.5M | Add +16.1% |
| MRK Merck & Co. Inc. | 0.41% | 18,341 | $1.5M | Add +17.7% |
| OKE Oneok Inc. | 0.41% | 17,771 | $1.5M | Add +13.6% |
| JNJ Johnson & Johnson | 0.41% | 9,488 | $1.4M | Add +6.2% |
| MO Altria Group Inc. | 0.41% | 24,593 | $1.4M | Reduce -2.3% |
| PKG Packaging Corp. of America | 0.41% | 7,623 | $1.4M | New |
| SNA Snap-on Inc. | 0.41% | 4,593 | $1.4M | Add +2.8% |
| ABBV Abbvie Inc. | 0.41% | 7,693 | $1.4M | Reduce -56.0% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.41% | 15,470 | $1.4M | Reduce -17.4% |
| COP Conocophillips | 0.40% | 15,779 | $1.4M | New |
| AMGN Amgen Inc. | 0.40% | 5,048 | $1.4M | Add +8.4% |
| PAYX Paychex Inc. | 0.40% | 9,565 | $1.4M | Reduce -4.7% |
| BBY Best Buy Co. Inc. | 0.39% | 20,276 | $1.4M | Add +1.2% |
Portfolio Sells Q1 2025 → Q2 2025
| SPTI SS SPDR P Int Term TSY ETF | Sold out | 0.00% | −8.95 |
| JAAA Janus Henderson Aaa Clo ETF | Sold out | 0.00% | −4.47 |
| CLOX Eldridge Aaa Clo ETF | Sold out | 0.00% | −4.47 |
| CLOZ Eldridge BBB-B Clo ETF | Sold out | 0.00% | −3.13 |
| SPHY SS SPDR P High Yield ETF | Reduce -8.2% | 8.48% | −1.62 |
| T AT&T Inc. | Reduce -63.9% | 0.43% | −0.86 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.78 |
| FOXA Fox Corp. Class A | Sold out | 0.00% | −0.77 |
| C Citigroup Inc. | Reduce -65.5% | 0.46% | −0.77 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.77 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.77 |
| ABBV Abbvie Inc. | Reduce -56.0% | 0.41% | −0.75 |
| SPG Simon Property Group Inc. | Reduce -58.7% | 0.42% | −0.75 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.75 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.75 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.75 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.74 |
| WELL Welltower Inc. | Sold out | 0.00% | −0.74 |
| RTX RTX Corp. | Sold out | 0.00% | −0.74 |
| LIN Linde PLC | Sold out | 0.00% | −0.74 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.74 |
| TDY Teledyne Technologies Inc. | Sold out | 0.00% | −0.73 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.73 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −0.73 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.73 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.73 |
| YUM Yum! Brands Inc. | Sold out | 0.00% | −0.73 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.73 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.72 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.72 |
| EQH Equitable Holdings Inc. | Sold out | 0.00% | −0.72 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.72 |
| FFIV F5 Inc. | Sold out | 0.00% | −0.71 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.71 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.71 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.71 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.71 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.70 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.70 |
| TPR Tapestry Inc. | Sold out | 0.00% | −0.70 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.68 |
| MAGS Roundhill Magnificent Seven | Sold out | 0.00% | −0.68 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.67 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.66 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.66 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.58 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −0.50 |
| IP International Paper Co. | Sold out | 0.00% | −0.49 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.49 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.45 |
Portfolio Buys Q1 2025 → Q2 2025
| JPST JPMorgan Ultra-Short Income | New | 7.71% | +7.71 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 7.70% | +7.70 |
| BKLN Invesco Senior Loan ETF | Add +491.6% | 4.55% | +3.70 |
| SRLN SS Blackstone Sr Loan ETF | Add +33.7% | 9.28% | +1.65 |
| STX Seagate Technology Holdings | Add +96.8% | 1.36% | +0.91 |
| VRT Vertiv Holdings Co. Class A | New | 0.89% | +0.89 |
| NFLX Netflix Inc. | New | 0.85% | +0.85 |
| CAH Cardinal Health Inc. | New | 0.84% | +0.84 |
| NEM Newmont Corp. | New | 0.84% | +0.84 |
| THC Tenet Healthcare Corp. | New | 0.84% | +0.84 |
| EA Electronic Arts Inc. | New | 0.83% | +0.83 |
| UBER Uber Technologies Inc. | New | 0.83% | +0.83 |
| SNOW Snowflake Inc. | New | 0.83% | +0.83 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.82% | +0.82 |
| AXON Axon Enterprise Inc. | New | 0.82% | +0.82 |
| PWR Quanta Services Inc. | New | 0.82% | +0.82 |
| APH Amphenol Corp. Class A | New | 0.82% | +0.82 |
| MSFT Microsoft Corp. | New | 0.81% | +0.81 |
| DLTR Dollar Tree Inc. | New | 0.81% | +0.81 |
| ZS Zscaler Inc. | New | 0.81% | +0.81 |
| CBOE Cboe Global Markets Inc. | New | 0.81% | +0.81 |
| COR Cencora Inc. | New | 0.81% | +0.81 |
| SBAC SBA Communications Corp. | New | 0.81% | +0.81 |
| HCA HCA Healthcare Inc. | New | 0.80% | +0.80 |
| EXE Expand Energy Corp. | New | 0.80% | +0.80 |
| CW Curtiss-Wright Corp. | New | 0.80% | +0.80 |
| SCHW Schwab (charles) Corp. | New | 0.80% | +0.80 |
| INTU Intuit Inc. | New | 0.79% | +0.79 |
| DG Dollar General Corp. | New | 0.79% | +0.79 |
| ULTA Ulta Beauty Inc. | New | 0.79% | +0.79 |
| CHTR Charter Communications Inc. Class A | New | 0.79% | +0.79 |
| HIG Hartford Insurance Group Inc. | New | 0.79% | +0.79 |
| WRB WR Berkley Corp. | New | 0.78% | +0.78 |
| FIS Fidelity National Info Serv | New | 0.77% | +0.77 |
| CDNS Cadence Design SYS Inc. | New | 0.77% | +0.77 |
| MNST Monster Beverage Corp. | New | 0.77% | +0.77 |
| VEEV Veeva Systems Inc. Class A | New | 0.77% | +0.77 |
| ZM Zoom Communications Inc. | New | 0.77% | +0.77 |
| OKTA Okta Inc. | New | 0.77% | +0.77 |
| CVNA Carvana Co. | New | 0.76% | +0.76 |
| LHX L3HARRIS Technologies Inc. | Add +143.2% | 1.21% | +0.75 |
| EBAY eBay Inc. | New | 0.74% | +0.74 |
| APP AppLovin Corp. Class A | New | 0.70% | +0.70 |
| IOO iShares Global 100 ETF | New | 0.67% | +0.67 |
| DUOL Duolingo | New | 0.67% | +0.67 |
| CEG Constellation Energy | New | 0.46% | +0.46 |
| KEY Keycorp | New | 0.45% | +0.45 |
| PKG Packaging Corp. of America | New | 0.41% | +0.41 |
| COP Conocophillips | New | 0.40% | +0.40 |
| EQT Eqt Corp. | Add +8.9% | 0.83% | +0.05 |
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 |