Donoghue Forlines LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Donoghue Forlines LLC reported 113 stock positions worth $323.4 million. Its top holding was Bondbloxx BBG 5 YR US Treas (XFIV) at 10.2% of the portfolio, followed by SS SPDR P Agg Bond ETF (SPAB, 10.1%) and SS SPDR P High Yield ETF (SPHY, 7.9%). Compared with Q3 2025, it opened 46 new positions, sold out of 33, added to 23 and reduced 44. The biggest buy was a new position in Bondbloxx BBG 5 YR US Treas (XFIV) and the biggest sale an exit from SS SPDR BB 1-3M T-Bill ETF (BIL).

Most Recent 13F
Q2 2026
Location
Boston, MA
CIK
0001702435
Portfolio Value
$323.4M (Q4 2025)
SEC Filing
0001172661-26-000480 ↗ filed Feb 5, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $351.1M Q1 2024 Q2 2024: $352.0M Q2 2024 Q3 2024: $350.8M Q3 2024 Q4 2024: $299.0M Q4 2024 Q1 2025: $315.5M Q1 2025 Q2 2025: $350.6M Q2 2025 Q3 2025: $324.5M Q3 2025 Q4 2025: $323.4M $323.4M Q4 2025 Q1 2026: $361.4M Q1 2026 Q2 2026: $386.7M Q2 2026

Holdings 113 stocks · $323.4M
XFIV Bondbloxx BBG 5 YR US Treas 10.16% 663,905 $32.8M New
SPAB SS SPDR P Agg Bond ETF 10.13% 1,272,713 $32.8M New
SPHY SS SPDR P High Yield ETF 7.94% 1,084,667 $25.7M Add +161.0%
SRLN SS Blackstone Sr Loan ETF 7.48% 586,350 $24.2M Reduce -5.8%
BKLN Invesco Senior Loan ETF 1.72% 265,264 $5.6M Reduce -77.0%
JNJ Johnson & Johnson 1.29% 20,178 $4.2M Reduce -3.1%
MS Morgan Stanley 1.25% 22,703 $4.0M Add +134.4%
SPG Simon Property Group Inc. 1.19% 20,799 $3.9M Add +150.6%
AAPL Apple Inc. 1.14% 13,584 $3.7M Add +41.9%
NRG NRG Energy Inc. 1.11% 22,473 $3.6M Add +143.4%
GOOGL Alphabet Inc. Class A 1.08% 11,144 $3.5M Add +21.8%
STX Seagate Technology Holdings 1.08% 12,643 $3.5M Reduce -33.3%
LLY Eli Lilly & Co. 0.94% 2,833 $3.0M New
TSLA Tesla Inc. 0.90% 6,494 $2.9M New
MU Micron Technology Inc. 0.88% 9,925 $2.8M New
LRCX Lam Research Corp. 0.81% 15,396 $2.6M Reduce -24.0%
AVGO Broadcom Inc. 0.81% 7,562 $2.6M Add +27.9%
GS Goldman Sachs Group Inc. 0.80% 2,929 $2.6M Add +3.7%
KLAC KLA Corp. 0.78% 2,077 $2.5M New
APH Amphenol Corp. Class A 0.78% 18,590 $2.5M Add +1.7%
WELL Welltower Inc. 0.77% 13,423 $2.5M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.77% 8,366 $2.5M New
CAT Caterpillar Inc. 0.75% 4,245 $2.4M New
AMAT Applied Materials Inc. 0.75% 9,423 $2.4M New
CIEN Ciena Corp. 0.75% 10,330 $2.4M New
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.75% 34,401 $2.4M New
CB Chubb Ltd. 0.75% 7,728 $2.4M New
TTWO Take-Two Interactive Softwre 0.74% 9,315 $2.4M New
MNST Monster Beverage Corp. 0.74% 31,027 $2.4M New
CASY Casey's General Stores Inc. 0.73% 4,294 $2.4M New
L Loews Corp. 0.73% 22,333 $2.4M New
SNDK Sandisk Corp. 0.72% 9,842 $2.3M New
FOXA Fox Corp. Class A 0.72% 31,945 $2.3M New
DFTT DF Tactical 30 ETF 0.72% 92,311 $2.3M New
CBOE Cboe Global Markets Inc. 0.71% 9,202 $2.3M New
LITE Lumentum Holdings Inc. 0.71% 6,261 $2.3M New
CINF Cincinnati Financial Corp. 0.71% 14,092 $2.3M New
EA Electronic Arts Inc. 0.71% 11,263 $2.3M Reduce -11.7%
EXAS Exact Sciences Corp. 0.71% 22,634 $2.3M New
FSLR First Solar Inc. 0.71% 8,739 $2.3M New
COR Cencora Inc. 0.70% 6,724 $2.3M New
ROST Ross Stores Inc. 0.70% 12,605 $2.3M New
STLD Steel Dynamics Inc. 0.70% 13,384 $2.3M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.70% 14,721 $2.3M New
WMT Walmart Inc. 0.70% 20,248 $2.3M New
WBD Warner Bros Discovery Inc. 0.69% 77,612 $2.2M New
CMI Cummins Inc. 0.69% 4,364 $2.2M Reduce -18.5%
QSR Restaurant Brands Intern 0.68% 32,389 $2.2M New
TER Teradyne Inc. 0.67% 11,236 $2.2M Reduce -39.0%
WDC Western Digital Corp. 0.67% 12,596 $2.2M Reduce -44.9%
EXE Expand Energy Corp. 0.67% 19,641 $2.2M New
COHR Coherent Corp. 0.66% 11,607 $2.1M New
GLW Corning Inc. 0.66% 24,332 $2.1M Reduce -16.0%
MRVL Marvell Technology Inc. 0.65% 24,786 $2.1M New
VRT Vertiv Holdings Co. Class A 0.63% 12,606 $2.0M New
BE Bloom Energy Corp. Class A 0.61% 22,627 $2.0M New
C Citigroup Inc. 0.58% 16,037 $1.9M Reduce -57.5%
ABBV Abbvie Inc. 0.58% 8,186 $1.9M Add +16.5%
CMCSA Comcast Corp. Class A 0.50% 53,877 $1.6M Add +21.3%
MRK Merck & Co. Inc. 0.50% 15,232 $1.6M Reduce -13.9%
NVDA Nvidia Corp. 0.49% 8,559 $1.6M Reduce -30.9%
BMY Bristol-Myers Squibb Co. 0.48% 29,023 $1.6M Reduce -8.0%
AMGN Amgen Inc. 0.48% 4,713 $1.5M Reduce -11.7%
LMT Lockheed Martin Corp. 0.47% 3,175 $1.5M Reduce -0.9%
LHX L3HARRIS Technologies Inc. 0.47% 5,201 $1.5M Reduce -3.6%
CME Cme Group Inc. 0.47% 5,578 $1.5M Reduce -2.5%
VZ Verizon Communications Inc. 0.47% 37,236 $1.5M Add +8.9%
T AT&T Inc. 0.47% 60,921 $1.5M Add +19.5%
PKG Packaging Corp. of America 0.47% 7,334 $1.5M Add +5.1%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.47% 19,525 $1.5M Add +14.1%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.47% 53,548 $1.5M Add +19.3%
PNC PNC Financial Services Group 0.46% 7,182 $1.5M Reduce -2.5%
CVX Chevron Corp. 0.46% 9,817 $1.5M Reduce -57.7%
KEY Keycorp 0.46% 72,478 $1.5M Reduce -6.3%
XOM Exxon Mobil Corp. 0.46% 12,429 $1.5M Reduce -6.0%
CVS CVS Health Corp. 0.46% 18,831 $1.5M Reduce -6.4%
STT State Street Corp. 0.46% 11,540 $1.5M Reduce -14.1%
CFG Citizens Financial Group 0.46% 25,451 $1.5M Reduce -64.0%
USB US Bancorp 0.46% 27,763 $1.5M Reduce -8.2%
OKE Oneok Inc. 0.46% 20,145 $1.5M Reduce -0.7%
PAYX Paychex Inc. 0.46% 13,168 $1.5M Add +17.8%
NTRS Northern Trust Corp. 0.46% 10,813 $1.5M Reduce -7.7%
CAG Conagra Brands Inc. 0.46% 85,203 $1.5M Add +10.9%
SNA Snap-on Inc. 0.45% 4,265 $1.5M Reduce -7.0%
MET Metlife Inc. 0.45% 18,616 $1.5M Reduce -0.8%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.45% 14,351 $1.5M Add +2.9%
HBAN Huntington Bancshares Inc. 0.45% 84,659 $1.5M Add +0.5%
FITB Fifth Third Bancorp 0.45% 31,266 $1.5M Reduce -4.3%
MTB M & T Bank Corp. filed as M & T BK CORP 0.45% 7,264 $1.5M Reduce -3.2%
MO Altria Group Inc. 0.45% 25,318 $1.5M Reduce -54.2%
F Ford Motor Co. filed as FORD MTR CO 0.45% 110,907 $1.5M Reduce -14.8%
PFG Principal Financial Group 0.45% 16,472 $1.5M Reduce -11.3%
PCAR Paccar Inc. 0.45% 13,268 $1.5M Reduce -12.0%
VST Vistra Corp. 0.45% 8,995 $1.5M Reduce -48.6%
CEG Constellation Energy 0.45% 4,106 $1.5M Reduce -11.6%
COP Conocophillips 0.44% 15,359 $1.4M Reduce -2.6%
PFE Pfizer Inc. 0.44% 57,663 $1.4M Reduce -4.8%
FNF Fidelity National Financial 0.44% 26,293 $1.4M Add +5.1%
MDT Medtronic PLC 0.44% 14,754 $1.4M Reduce -8.4%
BBY Best Buy Co. Inc. 0.41% 20,045 $1.3M Add +3.3%
PSX Phillips 66 0.41% 10,337 $1.3M Reduce -8.7%
HPQ HP Inc. 0.40% 58,302 $1.3M Add +11.2%
GE General Electric filed as GE AEROSPACE 0.11% 1,149 $354K New
PLTR Palantir Technologies Inc. Class A 0.11% 1,926 $342K New
AMD Advanced Micro Devices 0.10% 1,555 $333K Reduce -88.6%
RTX RTX Corp. 0.10% 1,752 $321K New
TMO Thermo Fisher Scientific Inc. 0.09% 522 $302K New
AXP American Express Co. 0.09% 771 $285K New
APP AppLovin Corp. Class A 0.09% 409 $276K New
ANET Arista Networks Inc. 0.08% 2,062 $270K Reduce -85.7%
GEV GE Vernova Inc. 0.08% 407 $266K New
INTC Intel Corp. 0.08% 7,001 $258K New
CRWD CrowdStrike Holdings Inc. Class A 0.08% 523 $245K New

Portfolio Sells Q3 2025 → Q4 2025
BIL SS SPDR BB 1-3M T-Bill ETF Sold out 0.00% −10.23
JPST JPMorgan Ultra-Short Income Sold out 0.00% −10.22
BKLN Invesco Senior Loan ETF Reduce -77.0% 1.72% −5.72
BGT BlackRock Fltng RT Inc. TR Sold out 0.00% −2.78
SNPS Synopsys Inc. Sold out 0.00% −0.85
IOO iShares Global 100 ETF Sold out 0.00% −0.73
NEM Newmont Corp. Sold out 0.00% −0.72
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.70
TEL Te Connectivity PLC Sold out 0.00% −0.70
RBLX Roblox Corp. Class A Sold out 0.00% −0.70
CFG Citizens Financial Group Reduce -64.0% 0.46% −0.70
BKR Baker Hughes Co. Sold out 0.00% −0.69
CDNS Cadence Design SYS Inc. Sold out 0.00% −0.69
SOFI Sofi Technologies Inc. Sold out 0.00% −0.69
IQV Iqvia Holdings Inc. Sold out 0.00% −0.69
EME Emcor Group Inc. Sold out 0.00% −0.68
FAST Fastenal Co. Sold out 0.00% −0.68
URI United Rentals Inc. Sold out 0.00% −0.68
MO Altria Group Inc. Reduce -54.2% 0.45% −0.67
HPE Hewlett Packard Enterprise Sold out 0.00% −0.67
EXPE Expedia Group Inc. Sold out 0.00% −0.66
LVS Las Vegas Sands Corp. Sold out 0.00% −0.66
INCY Incyte Corp. Sold out 0.00% −0.66
TSCO Tractor Supply Company Sold out 0.00% −0.65
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.65
ALNY Alnylam Pharmaceuticals Inc. Sold out 0.00% −0.65
CBRE CBRE Group Inc. Class A Sold out 0.00% −0.65
CVX Chevron Corp. Reduce -57.7% 0.46% −0.65
HUM Humana Inc. Sold out 0.00% −0.64
SYF Synchrony Financial Sold out 0.00% −0.64
MSI Motorola Solutions Inc. Sold out 0.00% −0.64
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.63
CCL Carnival Corp. Sold out 0.00% −0.62
PINS Pinterest Inc. Class A Sold out 0.00% −0.61
VST Vistra Corp. Reduce -48.6% 0.45% −0.61
C Citigroup Inc. Reduce -57.5% 0.58% −0.60
RDDT Reddit Inc. Class A Sold out 0.00% −0.59
CRDO Credo Technology Group Holdi Sold out 0.00% −0.59
AMD Advanced Micro Devices Reduce -88.6% 0.10% −0.58
AFRM Affirm Holdings Inc. Sold out 0.00% −0.58
ANET Arista Networks Inc. Reduce -85.7% 0.08% −0.56
SRLN SS Blackstone Sr Loan ETF Reduce -5.8% 7.48% −0.49
STX Seagate Technology Holdings Reduce -33.3% 1.08% −0.30
NVDA Nvidia Corp. Reduce -30.9% 0.49% −0.22
WDC Western Digital Corp. Reduce -44.9% 0.67% −0.17
TER Teradyne Inc. Reduce -39.0% 0.67% −0.11
EA Electronic Arts Inc. Reduce -11.7% 0.71% −0.08
GLW Corning Inc. Reduce -16.0% 0.66% −0.07
PSX Phillips 66 Reduce -8.7% 0.41% −0.06
LHX L3HARRIS Technologies Inc. Reduce -3.6% 0.47% −0.04

Portfolio Buys Q3 2025 → Q4 2025
XFIV Bondbloxx BBG 5 YR US Treas New 10.16% +10.16
SPAB SS SPDR P Agg Bond ETF New 10.13% +10.13
SPHY SS SPDR P High Yield ETF Add +161.0% 7.94% +4.87
LLY Eli Lilly & Co. New 0.94% +0.94
TSLA Tesla Inc. New 0.90% +0.90
MU Micron Technology Inc. New 0.88% +0.88
KLAC KLA Corp. New 0.78% +0.78
MS Morgan Stanley Add +134.4% 1.25% +0.77
WELL Welltower Inc. New 0.77% +0.77
IBM Intl Business Machines Corp. New 0.77% +0.77
CAT Caterpillar Inc. New 0.75% +0.75
AMAT Applied Materials Inc. New 0.75% +0.75
CIEN Ciena Corp. New 0.75% +0.75
WRB WR Berkley Corp. New 0.75% +0.75
CB Chubb Ltd. New 0.75% +0.75
TTWO Take-Two Interactive Softwre New 0.74% +0.74
MNST Monster Beverage Corp. New 0.74% +0.74
CASY Casey's General Stores Inc. New 0.73% +0.73
L Loews Corp. New 0.73% +0.73
SNDK Sandisk Corp. New 0.72% +0.72
FOXA Fox Corp. Class A New 0.72% +0.72
DFTT DF Tactical 30 ETF New 0.72% +0.72
CBOE Cboe Global Markets Inc. New 0.71% +0.71
LITE Lumentum Holdings Inc. New 0.71% +0.71
CINF Cincinnati Financial Corp. New 0.71% +0.71
EXAS Exact Sciences Corp. New 0.71% +0.71
SPG Simon Property Group Inc. Add +150.6% 1.19% +0.71
FSLR First Solar Inc. New 0.71% +0.71
COR Cencora Inc. New 0.70% +0.70
ROST Ross Stores Inc. New 0.70% +0.70
STLD Steel Dynamics Inc. New 0.70% +0.70
TJX TJX Companies Inc. New 0.70% +0.70
WMT Walmart Inc. New 0.70% +0.70
WBD Warner Bros Discovery Inc. New 0.69% +0.69
QSR Restaurant Brands Intern New 0.68% +0.68
EXE Expand Energy Corp. New 0.67% +0.67
COHR Coherent Corp. New 0.66% +0.66
MRVL Marvell Technology Inc. New 0.65% +0.65
NRG NRG Energy Inc. Add +143.4% 1.11% +0.65
VRT Vertiv Holdings Co. Class A New 0.63% +0.63
BE Bloom Energy Corp. Class A New 0.61% +0.61
GOOGL Alphabet Inc. Class A Add +21.8% 1.08% +0.39
AAPL Apple Inc. Add +41.9% 1.14% +0.39
AVGO Broadcom Inc. Add +27.9% 0.81% +0.21
GE General Electric New 0.11% +0.11
PLTR Palantir Technologies Inc. Class A New 0.11% +0.11
GS Goldman Sachs Group Inc. Add +3.7% 0.80% +0.10
RTX RTX Corp. New 0.10% +0.10
TMO Thermo Fisher Scientific Inc. New 0.09% +0.09
AXP American Express Co. New 0.09% +0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 114$386.7MSPHY, XFIV, SRLN, BKLN, GOOGL
Q1 2026 118$361.4MSPTS, BIL, XFIV, SHY, VGSH
Q4 2025 113$323.4MXFIV, SPAB, SPHY, SRLN, BKLN
Q3 2025 100$324.5MBIL, JPST, SRLN, BKLN, SPHY
Q2 2025 102$350.6MSRLN, SPHY, JPST, BIL, BKLN
Q1 2025 102$315.5MSPHY, SPTI, SRLN, JAAA, CLOX
Q4 2024 99$299.0MSPHY, JPST, SPTL, SRLN, CSCO
Q3 2024 226$350.8MSPHY, JPST, BIL, SRLN, JNK
Q2 2024 220$352.0MSPHY, SPTI, SPAB, SRLN, BKLN
Q1 2024 218$351.1MSPHY, SPAB, SPTI, SRLN, JNK