Empirical Asset Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Empirical Asset Management, LLC reported 356 stock positions worth $354.5 million. Its top holding was Apple (AAPL) at 5.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 4.4%) and Abrdn Physical Gold Shares (SGOL, 2.4%). Compared with Q3 2025, it opened 19 new positions, sold out of 31, added to 116 and reduced 197. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +36%) and the biggest sale ETF Ser Solutions (shares −91%).

Most Recent 13F
Q2 2026
Location
WELLESLEY, MA
CIK
0001926596
Portfolio Value
$354.5M (Q4 2025)
SEC Filing
0001951757-26-000393 ↗ filed Feb 6, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $207.3M Q1 2024 Q2 2024: $265.8M Q2 2024 Q3 2024: $280.9M Q3 2024 Q4 2024: $301.7M Q4 2024 Q1 2025: $293.4M Q1 2025 Q2 2025: $323.4M Q2 2025 Q3 2025: $360.1M Q3 2025 Q4 2025: $354.5M $354.5M Q4 2025 Q1 2026: $378.2M Q1 2026 Q2 2026: $444.0M Q2 2026

Holdings 356 stocks · $354.5M

AAPL Apple Inc. 5.11% 88,473 $18.1M Reduce -5.6%
SPY SS SPDR S&P 500 ETF Trust-US 4.39% 22,820 $15.6M Add +35.8%
SGOL Abrdn Physical Gold Shares 2.39% 205,971 $8.5M Add +21.6%
NVDA Nvidia Corp. 2.19% 58,967 $7.8M Reduce -6.3%
IYW iShares Ustechnology ETF 2.01% 35,653 $7.1M Reduce -1.9%
SLV iShares Silver Trust 1.82% 100,409 $6.5M Add +16.1%
MSFT Microsoft Corp. 1.80% 60,150 $6.4M Reduce -1.7%
AMZN Amazon.com Inc. 1.42% 47,332 $5.0M Reduce -0.4%
META Meta Platforms Inc. Class A 1.40% 22,250 $5.0M Add +2.1%
SDCI Uscf Summerhaven Dynamic ETF 1.32% 212,418 $4.7M Add +32.1%
JPM JPMorgan Chase & Co. 1.26% 18,280 $4.5M Reduce -3.2%
GOOGL Alphabet Inc. Class A 1.25% 14,117 $4.4M Reduce -5.2%
HD Home Depot Inc. 1.14% 15,822 $4.0M Reduce -1.9%
GLD SPDR Gold Shares 1.07% 35,588 $3.8M Reduce -2.2%
LLY Eli Lilly & Co. 1.03% 3,389 $3.6M Reduce -2.4%
RSPT Invesco S&P 500 Equal Weight 0.88% 68,610 $3.1M Reduce -6.3%
GOOG Alphabet Inc. Class C 0.87% 17,877 $3.1M Reduce -5.1%
IVV iShares Core S&P 500 ETF 0.82% 4,264 $2.9M Reduce -3.3%
IWF iShares Russell 1000 Growth 0.74% 5,576 $2.6M Add +0.7%
ILS Brookmont Catastrophic Bond 0.74% 130,695 $2.6M New
IGOV iShares International Treasu 0.67% 57,040 $2.4M Reduce -10.8%
IBB iShares Biotechnology ETF 0.67% 14,032 $2.4M Add +12.7%
IYH iShares U.S. Healthcare ETF 0.66% 35,866 $2.3M Reduce -0.3%
XOM Exxon Mobil Corp. 0.65% 37,181 $2.3M Reduce -3.5%
WMT Walmart Inc. 0.65% 23,493 $2.3M Reduce -1.2%
MCD McDonald's Corp. 0.63% 10,432 $2.2M Add +5.0%
XLRE SS Real Estate Select Sector 0.62% 54,736 $2.2M Add +34.3%
IWM iShares Russell 2000 ETF 0.62% 8,883 $2.2M Reduce -0.4%
V Visa Inc. Class A 0.61% 16,542 $2.2M Add +4.8%
SCHR Schwab Intermediate-Term US 0.61% 85,638 $2.1M Reduce -17.8%
KLAC KLA Corp. 0.59% 10,428 $2.1M Add +1.2%
CTA Simplify Managed Futures St 0.58% 75,976 $2.1M Add +31.6%
PG The Procter & Gamble Co. 0.57% 37,577 $2.0M Reduce -1.3%
PWB Invesco Large Cap Growth ETF 0.56% 15,563 $2.0M Add +59.8%
FTC First Trust Large Cap Growth 0.56% 12,332 $2.0M Add +40.9%
SMLF iShares US Smallcap Equity F 0.54% 25,389 $1.9M Add +12.8%
TPL Texas Pacific Land Corp. 0.53% 6,564 $1.9M Add +1.1%
IVE iShares S&P 500 Value ETF 0.53% 8,873 $1.9M Add +3.0%
COWG Pacer US LRG Cap Cows GR LD 0.52% 52,232 $1.8M Add +56.1%
QCOM Qualcomm Inc. 0.51% 125,250 $1.8M Add +4.3%
CECO Ceco Environmental Corp. 0.50% 29,561 $1.8M No change
CZA Invesco Zacks Mid-Cap ETF 0.50% 15,926 $1.8M Add +62.2%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.50% 11,837 $1.8M Add +0.8%
CVX Chevron Corp. 0.50% 23,042 $1.8M Reduce -0.5%
JPME JPM Diver Ret US MC Equity filed as J P MORGAN EXCHANGE TRADED F 0.50% 16,177 $1.8M Add +63.9%
IEFA iShares Core MSCI Eafe ETF 0.49% 19,608 $1.8M Reduce -9.7%
SHY iShares 1-3 Year Treasury Bo 0.49% 21,171 $1.8M Reduce -43.9%
ANET Arista Networks Inc. 0.49% 13,343 $1.7M Reduce -7.3%
FNY First Trust Mid Cap Growth 0.49% 18,995 $1.7M Add +64.6%
QQQ Invesco QQQ Trust Series 1 0.49% 39,921 $1.7M Reduce -0.0%
TSLA Tesla Inc. 0.48% 3,803 $1.7M Add +0.6%
IGV iShares Expanded Tech-Softwa 0.48% 16,106 $1.7M Add +0.8%
AGG iShares Core U.S. Aggregate 0.47% 21,904 $1.7M Reduce -24.3%
MPWR Monolithic Power Systems Inc. 0.45% 1,777 $1.6M Add +5.0%
TLT iShares 20+ Year Treasury BD 0.45% 18,463 $1.6M Add +4.3%
FYC First Trust Small Cap Growth 0.45% 16,635 $1.6M Add +64.0%
OMFS Invesco RSL 2000 DYN Mltfctr 0.44% 34,999 $1.6M Add +67.8%
CSCO Cisco Systems Inc. 0.44% 57,855 $1.5M Add +0.2%
FDT First Trust Develp MKT Ex-US 0.42% 18,742 $1.5M Add +57.2%
SUN Sunoco LP 0.42% 28,405 $1.5M No change
UIVM Victoryshares International 0.42% 23,037 $1.5M Add +57.6%
RODM Hartford Multifact Dev MRKT 0.41% 39,679 $1.5M Add +57.3%
DBAW Xtrackers MSCI All World Ex 0.41% 35,425 $1.5M Add +55.5%
GILD Gilead Sciences Inc. 0.41% 11,787 $1.4M Add +38.5%
NJR New Jersey Resources Corp. 0.40% 30,407 $1.4M Add +0.5%
QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET 0.39% 41,015 $1.4M Reduce -3.1%
RWL Invesco S&P 500 Revenue ETF 0.38% 11,817 $1.4M Add +0.2%
IWR iShares Russell Mid-Cap ETF 0.38% 13,942 $1.3M Reduce -4.7%
IYJ iShares U.S. Industrials ETF 0.37% 8,862 $1.3M Reduce -4.4%
SCHZ Schwab US Aggregate Bond ETF 0.36% 54,799 $1.3M Reduce -7.3%
AGOX Adaptive Alpha Opportunities 0.36% 44,675 $1.3M Add +3.1%
DBEM Xtrackers MSCI Emerging Mark 0.36% 39,682 $1.3M Add +10.4%
GS Goldman Sachs Group Inc. 0.36% 4,298 $1.3M Reduce -16.1%
IGM iShares Expanded Tech Sector 0.35% 9,638 $1.2M Reduce -1.0%
GE General Electric filed as GE AEROSPACE 0.35% 16,133 $1.2M Add +0.1%
IJH iShares Core S&P Midcap ETF 0.34% 18,471 $1.2M Reduce -0.3%
WFC Wells Fargo & Co. 0.34% 13,045 $1.2M Reduce -3.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.33% 49,818 $1.2M Add +0.8%
IVW iShares S&P 500 Growth ETF 0.33% 9,480 $1.2M Reduce -5.4%
EMGF iShares Emerging Markets Equ 0.33% 20,111 $1.2M Add +15.6%
CLSE Convergence Long/Short Eqy 0.33% 42,445 $1.2M Add +41.2%
GRMN Garmin Ltd. 0.32% 5,616 $1.1M Reduce -15.4%
UTHR United Therapeutics Corp. 0.32% 2,316 $1.1M Reduce -1.1%
MEDP Medpace Holdings Inc. 0.32% 2,003 $1.1M Reduce -8.5%
NFLX Netflix Inc. 0.31% 11,860 $1.1M Add +25.8%
MMM 3M Co. 0.30% 6,620 $1.1M Reduce -0.7%
NEM Newmont Corp. 0.29% 10,375 $1.0M Add +4.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.29% 11,269 $1.0M Add +0.1%
IDCC Interdigital Inc. 0.29% 3,247 $1.0M Add +4.2%
MA Mastercard Inc. Class A 0.29% 1,807 $1.0M Add +22.2%
FOXA Fox Corp. Class A 0.29% 14,076 $1.0M Add +29.8%
MRK Merck & Co. Inc. 0.29% 12,481 $1.0M Reduce -1.8%
ORCL Oracle Corp. 0.29% 7,030 $1.0M Add +0.3%
ADBE Adobe Inc. 0.29% 2,891 $1.0M Reduce -2.8%
GEW Cambria Global Ew ETF 0.28% 19,537 $1.0M No change
HYZD Wisdomtree Interest Rate Hed 0.28% 43,999 $991K Add +15.6%
SCHW Schwab (charles) Corp. 0.28% 28,896 $989K Add +8.3%
ARM Arm Holdings PLC-ADR 0.28% 9,000 $984K Reduce -2.2%
ROAM Hartford Multifact Emrg MRKT 0.28% 33,743 $983K Add +54.1%
GEM Goldman Sachs Activebeta Em 0.28% 23,420 $975K Add +53.4%
JNJ Johnson & Johnson 0.27% 9,283 $974K Reduce -3.1%
SCCO Southern Copper Corp. 0.27% 28,706 $969K Reduce -0.9%
INCY Incyte Corp. 0.27% 9,778 $966K New
AVGO Broadcom Inc. 0.26% 8,726 $934K Add +0.5%
EFA iShares MSCI Eafe ETF 0.26% 9,715 $933K Add +1.3%
XLK SS Technology Select Sector 0.26% 6,471 $932K Add +0.9%
RSPH Invesco S&P 500 Equal Weight 0.26% 29,110 $927K Reduce -0.3%
CHRW C.H. Robinson Worldwide Inc. 0.26% 5,726 $920K Reduce -0.6%
CBOE Cboe Global Markets Inc. 0.26% 3,653 $917K Add +23.4%
GEV GE Vernova Inc. 0.25% 8,059 $901K Reduce -0.5%
IYF iShares US Financials ETF 0.25% 6,897 $889K Add +4.3%
VGT Vanguard Info Tech ETF 0.25% 24,665 $889K Reduce -0.1%
PEP Pepsico Inc. 0.25% 6,163 $885K Add +0.9%
HYHG Proshares High Yield Interes 0.25% 13,685 $881K Add +14.7%
STIP iShares 0-5 Year Tips Bond E 0.25% 8,569 $877K Reduce -7.2%
IUSV iShares Core S&P U.S. Value 0.24% 8,315 $853K No change
IUSG iShares Core S&P U.S. Growth 0.24% 4,985 $837K Reduce -15.4%
IGHG Proshares Ig Hedged 0.23% 10,491 $823K Add +15.8%
CAT Caterpillar Inc. 0.23% 2,664 $818K Reduce -0.2%
ZM Zoom Communications Inc. 0.23% 9,474 $818K Reduce -14.7%
UTEN F/M US Treasury 10 Year Note 0.23% 120,843 $803K Reduce -9.2%
RJF Raymond James Financial Inc. 0.23% 4,997 $802K Add +33.3%
MSCI MSCI Inc. 0.23% 1,398 $802K Add +0.4%
EFAV iShares MSCI Eafe Min Vol Fa 0.23% 9,267 $799K Add +0.1%
AGGY Wisdomtree Yield Enhanced US 0.23% 18,121 $798K Reduce -6.9%
XLF SS Financial Select Sector 0.22% 19,721 $794K Reduce -1.6%
EXPD Expeditors Intl Wash Inc. 0.22% 5,270 $785K Add +0.4%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.22% 10,966 $769K Add +23.1%
RHTX RH Tactical Outlook 0.21% 40,638 $760K Reduce -1.0%
ABBV Abbvie Inc. 0.21% 10,265 $757K Reduce -1.0%
UNH Unitedhealth Group Inc. 0.21% 5,625 $752K Reduce -4.7%
ADP Automatic Data Processing 0.21% 8,991 $750K Reduce -18.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.21% 10,088 $748K Reduce -0.5%
IEMG iShares Core MSCI Emerging 0.21% 11,109 $747K Reduce -13.1%
SPYM Ste STR SPDR PT S&P 500 ETF 0.21% 9,604 $743K Reduce -20.3%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.21% 12,194 $742K Reduce -5.5%
BRK.B Berkshire Hathaway Inc. Class B 0.21% 1,467 $737K Reduce -9.3%
UTWO F/M US Treasury 2 Year Note 0.21% 15,143 $735K Reduce -47.2%
IJR iShares Core S&P Small-Cap E 0.20% 6,029 $725K Reduce -6.3%
TDTF NT Iboxx 5Y Dur Tips ETF 0.20% 30,132 $722K Add +35.1%
QUAL iShares MSCI USA Quality Fac 0.20% 3,634 $722K Reduce -33.9%
AMD Advanced Micro Devices 0.20% 3,357 $719K Add +19.0%
SPYV SS SPDR P S&P 500 Value ETF 0.20% 12,628 $717K Add +1.5%
DBX Dropbox Inc. Class A 0.20% 25,761 $716K Reduce -2.9%
WEX Wex Inc. 0.20% 4,794 $714K Reduce -1.5%
XLY SS Consumer Disc Select Sect 0.20% 5,973 $713K Add +0.3%
ATRO Astronics Corp. 0.20% 13,110 $711K Reduce -10.4%
VEA Vanguard Ftse Developed ETF 0.20% 14,605 $710K Reduce -2.0%
XBI SS SPDR S&P Biotech ETF 0.19% 5,657 $690K No change
COST Costco Wholesale Corp. 0.19% 39,576 $689K Reduce -0.2%
DECK Deckers Outdoor Corp. 0.19% 6,629 $687K Reduce -5.1%
FTDR Frontdoor Inc. 0.19% 11,811 $681K Reduce -1.1%
DELL Dell Technologies -C 0.19% 5,407 $681K Reduce -4.0%
WTMF Wisdomtree MGD Futures Strat 0.19% 17,735 $674K Reduce -41.5%
VCSH Vanguard S/T Corp. Bond ETF 0.19% 8,366 $667K Reduce -23.6%
XLG Invesco S&P 500 Top 50 ETF 0.19% 11,238 $666K Reduce -15.8%
FTNT Fortinet Inc. 0.19% 8,349 $663K Reduce -42.9%
VRSN Verisign Inc. 0.18% 2,697 $655K Reduce -7.9%
RMD Resmed Inc. 0.18% 2,711 $653K Reduce -11.6%
VTI VG Morningstar TS MKT ETF-US 0.18% 8,218 $637K New
SNPS Synopsys Inc. 0.18% 1,350 $634K Reduce -13.8%
WSM Williams-Sonoma Inc. 0.18% 3,544 $633K Reduce -1.5%
GOVT iShares US Treasury Bond ETF 0.18% 27,406 $631K Reduce -6.7%
LULU Lululemon Athletica Inc. 0.18% 3,035 $631K Reduce -2.0%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.18% 6,148 $629K Reduce -0.9%
LOPE Grand Canyon Education Inc. 0.18% 3,767 $626K Reduce -3.8%
VIK Viking Holdings Ltd. 0.17% 8,687 $620K Reduce -3.8%
FDS Factset Research Systems Inc. 0.17% 2,110 $612K New
GCC Wisdomtree Enhanced Commodit 0.17% 28,879 $611K Reduce -47.5%
IWLG Nylim Winslow Large Cap Grow filed as NEW YORK LIFE INVTS ACTIVE E 0.17% 11,077 $600K New
FAST Fastenal Co. 0.17% 17,339 $591K Reduce -10.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.17% 2,765 $586K No change
DGRW Wisdomtree U.S. Quality Divi 0.16% 6,466 $578K Reduce -21.7%
CPRT Copart Inc. 0.16% 14,768 $578K Reduce -7.1%
DBEF Xtrackers MSCI Eafe Hedged E 0.16% 11,930 $574K Reduce -45.6%
ET Energy Transfer LP 0.16% 46,314 $573K Add +0.0%
ZTS Zoetis Inc. 0.16% 5,875 $569K Reduce -6.5%
TSM Taiwan Semiconductor-SP ADR 0.16% 1,867 $567K Reduce -7.0%
PAYX Paychex Inc. 0.16% 5,054 $567K Reduce -27.4%
RSPF Invesco S&P 500 Equal Weight 0.16% 7,202 $565K Reduce -1.4%
XLB SS Materials Select Sector 0.16% 12,319 $559K Reduce -2.4%
ZECP Zacks Earnings Consistent Po 0.16% 15,946 $554K Reduce -24.3%
SBUX Starbucks Corp. 0.16% 7,570 $550K Reduce -12.1%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.15% 11,761 $547K Reduce -6.6%
XLP SS Consumer Staples Sel Sect 0.15% 7,031 $546K Reduce -3.5%
MU Micron Technology Inc. 0.15% 1,908 $545K Add +7.9%
EPD Enterprise Products Partners 0.15% 16,920 $542K Add +0.0%
DES Wisdomtree US Smallcap Divid 0.15% 16,115 $539K Reduce -0.2%
KO The Coca-Cola Co. 0.15% 25,111 $539K Add +8.5%
STT State Street Corp. 0.15% 4,163 $537K Reduce -0.1%
SCHX Schwab US Large-Cap ETF 0.15% 19,946 $537K Add +14.7%
IYM iShares U.S. Basic Materials 0.15% 3,469 $534K Reduce -3.5%
EOG EOG Resources Inc. 0.15% 5,052 $531K Reduce -23.8%
VOO Vanguard S&P 500 ETF 0.15% 9,325 $523K Add +0.7%
QLC NT US Qual LC ETF 0.15% 6,447 $522K Reduce -62.5%
LOW Lowe's Cos Inc. 0.15% 8,280 $520K Add +0.1%
XTEN Bondbloxx BBG 10Y US TSY ETF 0.15% 11,143 $515K Reduce -22.0%
RECS Columbia Resear Enh Cor ETF 0.14% 12,270 $501K Reduce -62.5%
STLD Steel Dynamics Inc. 0.14% 2,948 $499K Reduce -0.1%
BINC iShares Flex I A ETF-Usd Inc. 0.14% 9,303 $491K Reduce -5.8%
IDU iShares US Utilities ETF 0.14% 4,507 $488K Add +0.6%
SHOP Shopify Inc. Class A 0.14% 3,016 $485K Reduce -22.7%
DLN Wisdomtree US Largecap Divid 0.14% 5,506 $485K Reduce -1.8%
GSG iShares S&P Gsci Commodity I 0.14% 20,883 $482K Reduce -54.4%
JOET Virtus Terranova US Qual Mom 0.13% 11,338 $476K Reduce -62.3%
ARCB Arcbest Corp. 0.13% 6,329 $470K Reduce -0.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.13% 2,320 $467K Reduce -6.7%
ADSK Autodesk Inc. 0.13% 1,567 $464K Reduce -28.6%
IYE iShares U.S. Energy ETF 0.13% 9,728 $462K Reduce -2.4%
EFV iShares MSCI Eafe Value ETF 0.13% 6,420 $458K Reduce -18.5%
MBB iShares MBS ETF 0.13% 4,779 $455K Reduce -19.0%
WIP State Street SPDR Ftse Inter 0.13% 11,548 $455K Reduce -10.3%
OMFL Invesco Russell 1000 DYN M/F 0.13% 7,439 $455K Reduce -13.2%
INDA iShares MSCI India ETF 0.13% 8,391 $454K Reduce -5.6%
IAU iShares Gold Trust 0.13% 5,577 $453K Reduce -5.0%
UNP Union Pacific Corp. 0.13% 1,956 $453K Reduce -4.5%
RSP Invesco S&P 500 Equal Weight 0.13% 11,615 $451K Add +0.6%
IWO iShares Russell 2000 Growth 0.13% 1,385 $447K No change
EWJ iShares MSCI Japan ETF 0.13% 5,537 $447K Add +1.4%
HIMU iShares High Yild Muni A ETF 0.13% 9,125 $444K No change
PLTR Palantir Technologies Inc. Class A 0.12% 18,016 $437K Add +2.1%
HELE Helen of Troy Ltd. 0.12% 20,544 $437K Add +13.8%
EEM iShares MSCI Emerging Market 0.12% 7,897 $432K Add +0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.12% 3,618 $428K Add +1.2%
MTGP Wisdomtree Mtge Plus Bond 0.12% 9,594 $427K Reduce -10.9%
NKE Nike Inc. Class B 0.12% 7,711 $426K Reduce -32.6%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.12% 861 $414K Reduce -4.3%
SYY Sysco Corp. 0.12% 5,583 $411K Add +0.3%
PPTY US Diversified Real Estate E 0.12% 13,648 $411K Reduce -57.2%
PGR Progressive Corp. 0.11% 1,699 $387K Reduce -30.0%
FNDX Schwab Fndmntl US LRG Co. ETF 0.11% 14,209 $387K Reduce -1.1%
GTO Invesco Total Return Bond Et 0.11% 7,977 $378K Reduce -14.8%
ABT Abbott Laboratories 0.11% 6,113 $377K Reduce -2.4%
ADI Analog Devices Inc. 0.11% 1,388 $376K Add +0.1%
QGRW Wisdomtree US Quality Growth 0.11% 6,373 $374K Reduce -22.6%
BWZ State Street SPDR Bloomberg 0.10% 13,529 $371K New
IBDR iShares Ibonds Dec 2026 Term 0.10% 15,130 $367K Reduce -32.2%
PEG Public Service Enterprise GP 0.10% 4,458 $358K Reduce -0.1%
SCHO Schwab Short-Term US Treas 0.10% 14,647 $357K Add +5.7%
AMGN Amgen Inc. 0.10% 1,086 $355K Add +0.1%
NVR NVR Inc. 0.10% 48 $350K Reduce -2.0%
RTX RTX Corp. 0.10% 5,048 $350K Add +2.1%
TD Toronto-Dominion Bank 0.10% 3,708 $349K No change
NUE Nucor Corp. 0.10% 2,130 $347K Add +2.6%
GD General Dynamics Corp. 0.10% 1,030 $347K Add +0.6%
MLM Martin Marietta Materials 0.10% 556 $346K Add +0.4%
VRT Vertiv Holdings Co. Class A 0.10% 2,125 $344K Reduce -10.5%
SCHE Schwab Emrg Mrkts Eqty ETF 0.10% 10,392 $340K Reduce -2.5%
CRM Salesforce Inc. 0.10% 1,275 $338K Add +5.8%
FNX First Trust Mid Cap Core Alp 0.09% 2,664 $336K Reduce -64.9%
VWO Vanguard Ftse Emerging Marke 0.09% 6,218 $334K Reduce -13.9%
TER Teradyne Inc. 0.09% 1,697 $328K New
MDY State Street SPDR S&P Midcap 0.09% 541 $326K Add +0.2%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.09% 4,211 $326K Reduce -35.8%
ECL Ecolab Inc. 0.09% 1,238 $325K Reduce -26.4%
VMC Vulcan Materials Co. 0.09% 1,126 $321K Reduce -0.3%
QVMM Invesco S&P Midcap 400 QVM M 0.09% 10,347 $318K Reduce -62.5%
LRN Stride Inc. 0.09% 4,834 $314K Reduce -19.5%
QQQM Invesco Nasdaq 100 ETF 0.09% 1,238 $313K Reduce -13.7%
FLQM Franklin U.S. Mid Cap Multif 0.09% 5,506 $310K Reduce -62.4%
GOVI Invesco Equal Weight 0-30 YR 0.09% 11,144 $307K Reduce -33.3%
EOS Eaton Vance Enh Eqt Inc. II 0.09% 12,876 $301K Add +0.5%
CRL Charles River Laboratories 0.08% 1,508 $301K Reduce -0.3%
TSCO Tractor Supply Company 0.08% 5,996 $300K Add +0.6%
STM Stmicroelectronics NV-NY SHS 0.08% 11,555 $300K Reduce -3.5%
SPAB SS SPDR P Agg Bond ETF 0.08% 11,625 $299K Reduce -4.9%
ERIE Erie Indemnity Company Class A 0.08% 1,032 $296K Reduce -36.2%
RSPD Invesco S&P 500 Equal Weight 0.08% 5,116 $292K No change
DDWM Wisdomtree DY Inter Eq FD-US 0.08% 6,629 $289K New
SHLD Global X Defense Tech ETF 0.08% 4,418 $286K Reduce -7.3%
ASML ASML Holding NV-NY Reg SHS 0.08% 266 $285K Reduce -1.9%
SPDW Ste STR SPDR PT DW Eu ETF 0.08% 6,348 $282K Add +0.2%
APP AppLovin Corp. Class A 0.08% 418 $282K Reduce -20.4%
VIG Vanguard Dividend Apprec ETF 0.08% 1,257 $276K Add +0.1%
FISR SS Fi Sector Rotation 0.08% 10,630 $275K Reduce -19.0%
AOM iShares Core 40/60 Moderate 0.08% 5,677 $271K Add +1.7%
ETF SER SOLUTIONS 0.08% 10,799 $268K Reduce -90.8%
MCK McKesson Corp. 0.08% 326 $267K Add +23.0%
T AT&T Inc. 0.07% 28,730 $265K Reduce -1.5%
GSIE Goldman Sachs Activebeta Int 0.07% 6,059 $260K Reduce -0.2%
XLV SS Health Care Select Sector 0.07% 1,679 $260K New
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.07% 2,335 $257K Reduce -9.6%
TLH iShares 10-20 Year Treasury 0.07% 2,549 $253K Reduce -7.1%
IAGG iShares Intl Aggregate Bond 0.07% 5,023 $251K Reduce -26.2%
SPMO Invesco S&P 500 Momentum ETF 0.07% 2,100 $251K New
LVHI Franklin International Low V 0.07% 6,706 $247K Reduce -61.7%
ACN Accenture PLC Class A 0.07% 2,422 $245K Add +3.9%
EXPE Expedia Group Inc. 0.07% 866 $245K New
GLDM SPDR Gold Minishares Trust 0.07% 2,864 $245K Reduce -18.6%
DGRS Wisdomtree U.S. Smallcap Qua 0.07% 4,897 $243K Reduce -63.3%
JGRO JPMorgan Active Growth ETF 0.07% 2,594 $241K No change
GSWO Goldman Sachs Activebeta Wor 0.07% 4,169 $241K Reduce -62.2%
IMFL Invesco Int DVLP DYN Multi 0.07% 8,075 $241K Reduce -12.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 1,559 $239K Reduce -8.8%
VRIG Invesco Variable Rate Invest 0.07% 9,475 $238K Reduce -0.5%
FLQS Franklin U.S. Small Cap Mult 0.07% 5,482 $237K Reduce -65.3%
AVEM Avantis Emerging Markets Eq 0.07% 3,069 $236K New
QWLD State Street SPDR MSCI World 0.07% 1,647 $236K Reduce -61.9%
C Citigroup Inc. 0.07% 18,712 $233K Add +0.7%
VZ Verizon Communications Inc. 0.07% 30,113 $232K Reduce -16.8%
AXP American Express Co. 0.06% 2,555 $229K New
FLSP Franklin Systematic Style PR 0.06% 8,489 $228K Reduce -50.2%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.06% 5,047 $228K Add +2.9%
INTU Intuit Inc. 0.06% 339 $224K Reduce -69.4%
HON Honeywell International Inc. 0.06% 1,136 $222K Reduce -7.1%
OKLO Oklo Inc. 0.06% 3,075 $221K Add +21.1%
PFE Pfizer Inc. 0.06% 10,733 $220K Reduce -12.8%
WBD Warner Bros Discovery Inc. 0.06% 7,546 $217K New
VIGI Vanguard Int Div App Indx FD 0.06% 2,349 $215K Add +2.5%
JEPI JPMorgan Equity Premium Inco 0.06% 62,333 $214K Add +0.0%
RSPS Invesco S&P 500 Equal Weight 0.06% 7,360 $214K Reduce -2.7%
SCHF Schwab Intl Equity ETF 0.06% 8,805 $212K New
WM Waste Management Inc. 0.06% 963 $212K Add +2.6%
BAI Ishrs AI in and Tech Act ETF 0.06% 6,332 $211K Reduce -15.5%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 0.06% 8,632 $210K Reduce -46.4%
EMB iShares JP Morgan Usd Emergi 0.06% 2,176 $210K Reduce -9.8%
SMCI Super Micro Computer Inc. 0.06% 7,155 $209K New
WTV Wisdomtree U.S. Value Fund 0.06% 2,244 $209K Reduce -14.7%
UBER Uber Technologies Inc. 0.06% 75,433 $209K Reduce -0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.06% 7,071 $209K New
JAAA Janus Henderson Aaa Clo ETF 0.06% 4,135 $209K Reduce -12.0%
VGLT Vanguard Long-Term Treasury 0.06% 3,740 $209K Reduce -59.8%
APA Apa Corp. 0.06% 8,503 $208K Add +0.3%
VB Vanguard Most SM-Cap ETF-Usd 0.06% 2,930 $207K No change
SMIZ Zacks Small/Mid Cap ETF 0.06% 5,589 $207K Reduce -24.7%
NOW ServiceNow Inc. 0.06% 1,340 $205K Reduce -24.5%
THRO iShares U.S. Thematic Rotati 0.06% 5,308 $205K Reduce -9.4%
EVTR Eaton Vance Total Return 0.06% 3,941 $203K New
BST BlackRock Science & Tech TR 0.06% 5,000 $203K No change
HCA HCA Healthcare Inc. 0.06% 433 $202K Reduce -10.0%
SCHG Schwab US Large-Cap Growth 0.06% 6,192 $202K Reduce -1.4%
JAVA JPMorgan Active Value ETF 0.06% 2,791 $200K New
MHD BlackRock Muniholdings Fund 0.05% 14,856 $174K No change
SCHD Schwab US DVD Equity ETF 0.04% 28,394 $157K Reduce -5.2%
VFH Vanguard Financials ETF 0.04% 26,432 $148K No change
NEE Nextera Energy Inc. 0.04% 11,791 $143K Reduce -0.2%
BA The Boeing Co. 0.04% 23,040 $143K Reduce -0.3%
MAR Marriott International Class A 0.04% 47,577 $132K Add +0.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 12,703 $128K Reduce -6.8%
XIGDX Voya GLBL Eqty DVD & PRM Opp 0.03% 20,382 $117K No change
BBDC Barings BDC Inc. 0.03% 11,093 $102K Add +2.9%
AMAX Adaptive Hedged Multi-Asset 0.03% 11,994 $95K Reduce -35.2%
VIS Vanguard Industrials ETF 0.02% 10,292 $84K No change
CRON Cronos Group Inc. 0.02% 25,000 $66K No change
AKBA Akebia Therapeutics Inc. 0.02% 35,000 $56K Add +75.0%
O Realty Income Corp. 0.01% 12,258 $52K Reduce -0.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.01% 21,121 $48K Add +0.0%
HXL Hexcel Corp. 0.01% 28,498 $41K Add +0.0%
EMR Emerson Electric Co. 0.01% 13,258 $39K Add +0.1%
VCR Vanguard Consumer Discre ETF 0.01% 19,666 $32K No change
VHT Vanguard Health Care ETF 0.01% 20,840 $26K No change
VOX Vanguard Communication Servi 0.01% 18,282 $18K No change
OCSL Oaktree Specialty Lending Co. 0.00% 15,968 $16K No change
AMLP Alerian MLP ETF 0.00% 15,662 $16K No change
PSKY Paramount Skydance Class B 0.00% 11,325 $14K Add +1.6%
PGF Invesco Financial Preferred 0.00% 11,952 $12K No change

Portfolio Sells Q3 2025 → Q4 2025

ETF SER SOLUTIONS Reduce -90.8% 0.08% −0.74
SHY iShares 1-3 Year Treasury Bo Reduce -43.9% 0.49% −0.37
LRCX Lam Research Corp. Sold out 0.00% −0.27
MSFT Microsoft Corp. Reduce -1.7% 1.80% −0.25
CDNS Cadence Design SYS Inc. Sold out 0.00% −0.23
RECS Columbia Resear Enh Cor ETF Reduce -62.5% 0.14% −0.23
JOET Virtus Terranova US Qual Mom Reduce -62.3% 0.13% −0.22
QLC NT US Qual LC ETF Reduce -62.5% 0.15% −0.22
HD Home Depot Inc. Reduce -1.9% 1.14% −0.22
HPE Hewlett Packard Enterprise Sold out 0.00% −0.20
AGG iShares Core U.S. Aggregate Reduce -24.3% 0.47% −0.19
ADP Automatic Data Processing Reduce -18.3% 0.21% −0.19
PODD Insulet Corp. Sold out 0.00% −0.18
UTWO F/M US Treasury 2 Year Note Reduce -47.2% 0.21% −0.18
NWSA News Corp. Class A Sold out 0.00% −0.17
NVDA Nvidia Corp. Reduce -6.3% 2.19% −0.17
FNX First Trust Mid Cap Core Alp Reduce -64.9% 0.09% −0.17
AJG Arthur J Gallagher & Co. Sold out 0.00% −0.17
HIMS Hims & Hers Health Inc. Sold out 0.00% −0.16
MCO Moody's Corp. Sold out 0.00% −0.16
LRN Stride Inc. Reduce -19.5% 0.09% −0.16
PPTY US Diversified Real Estate E Reduce -57.2% 0.12% −0.16
GSG iShares S&P Gsci Commodity I Reduce -54.4% 0.14% −0.16
ZBRA Zebra Technologies Corp. Class A Sold out 0.00% −0.15
FTNT Fortinet Inc. Reduce -42.9% 0.19% −0.15
GCC Wisdomtree Enhanced Commodit Reduce -47.5% 0.17% −0.15
UTEN F/M US Treasury 10 Year Note Reduce -9.2% 0.23% −0.15
INTU Intuit Inc. Reduce -69.4% 0.06% −0.15
IBDQ iShares Ibonds Dec 2025 Term Sold out 0.00% −0.15
JKHY Jack Henry & Associates Inc. Sold out 0.00% −0.15
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.15
GS Goldman Sachs Group Inc. Reduce -16.1% 0.36% −0.14
QVMM Invesco S&P Midcap 400 QVM M Reduce -62.5% 0.09% −0.14
FLQM Franklin U.S. Mid Cap Multif Reduce -62.4% 0.09% −0.14
GRMN Garmin Ltd. Reduce -15.4% 0.32% −0.13
WTMF Wisdomtree MGD Futures Strat Reduce -41.5% 0.19% −0.13
FLQS Franklin U.S. Small Cap Mult Reduce -65.3% 0.07% −0.13
SCHR Schwab Intermediate-Term US Reduce -17.8% 0.61% −0.12
DBEF Xtrackers MSCI Eafe Hedged E Reduce -45.6% 0.16% −0.12
MINT PIMCO Enhanced Short Maturit Sold out 0.00% −0.12
DGRS Wisdomtree U.S. Smallcap Qua Reduce -63.3% 0.07% −0.12
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.11
GSWO Goldman Sachs Activebeta Wor Reduce -62.2% 0.07% −0.11
QWLD State Street SPDR MSCI World Reduce -61.9% 0.07% −0.10
UEVM Victoryshares Emerging Marke Sold out 0.00% −0.10
LVHI Franklin International Low V Reduce -61.7% 0.07% −0.10
MFEM PIMCO Rafi Dynamic Multi-Fac Sold out 0.00% −0.10
AXON Axon Enterprise Inc. Sold out 0.00% −0.09
QUAL iShares MSCI USA Quality Fac Reduce -33.9% 0.20% −0.09
VST Vistra Corp. Sold out 0.00% −0.09

Portfolio Buys Q3 2025 → Q4 2025

SPY SS SPDR S&P 500 ETF Trust-US Add +35.8% 4.39% +1.28
SLV iShares Silver Trust Add +16.1% 1.82% +0.81
ILS Brookmont Catastrophic Bond New 0.74% +0.74
SGOL Abrdn Physical Gold Shares Add +21.6% 2.39% +0.66
SDCI Uscf Summerhaven Dynamic ETF Add +32.1% 1.32% +0.29
INCY Incyte Corp. New 0.27% +0.27
QCOM Qualcomm Inc. Add +4.3% 0.51% +0.26
PWB Invesco Large Cap Growth ETF Add +59.8% 0.56% +0.22
JPME JPM Diver Ret US MC Equity Add +63.9% 0.50% +0.20
CZA Invesco Zacks Mid-Cap ETF Add +62.2% 0.50% +0.20
FYC First Trust Small Cap Growth Add +64.0% 0.45% +0.20
FNY First Trust Mid Cap Growth Add +64.6% 0.49% +0.20
OMFS Invesco RSL 2000 DYN Mltfctr Add +67.8% 0.44% +0.18
COWG Pacer US LRG Cap Cows GR LD Add +56.1% 0.52% +0.18
VTI VG Morningstar TS MKT ETF-US New 0.18% +0.18
FDS Factset Research Systems Inc. New 0.17% +0.17
UIVM Victoryshares International Add +57.6% 0.42% +0.17
FDT First Trust Develp MKT Ex-US Add +57.2% 0.42% +0.17
IWLG Nylim Winslow Large Cap Grow New 0.17% +0.17
IBB iShares Biotechnology ETF Add +12.7% 0.67% +0.17
FTC First Trust Large Cap Growth Add +40.9% 0.56% +0.17
RODM Hartford Multifact Dev MRKT Add +57.3% 0.41% +0.17
DBAW Xtrackers MSCI All World Ex Add +55.5% 0.41% +0.16
XLRE SS Real Estate Select Sector Add +34.3% 0.62% +0.15
GILD Gilead Sciences Inc. Add +38.5% 0.41% +0.15
CTA Simplify Managed Futures St Add +31.6% 0.58% +0.14
KLAC KLA Corp. Add +1.2% 0.59% +0.11
CLSE Convergence Long/Short Eqy Add +41.2% 0.33% +0.11
ROAM Hartford Multifact Emrg MRKT Add +54.1% 0.28% +0.11
BWZ State Street SPDR Bloomberg New 0.10% +0.10
GEM Goldman Sachs Activebeta Em Add +53.4% 0.28% +0.10
FOXA Fox Corp. Class A Add +29.8% 0.29% +0.10
V Visa Inc. Class A Add +4.8% 0.61% +0.10
TER Teradyne Inc. New 0.09% +0.09
DDWM Wisdomtree DY Inter Eq FD-US New 0.08% +0.08
AMD Advanced Micro Devices Add +19.0% 0.20% +0.08
SCHW Schwab (charles) Corp. Add +8.3% 0.28% +0.08
XLV SS Health Care Select Sector New 0.07% +0.07
SMLF iShares US Smallcap Equity F Add +12.8% 0.54% +0.07
MU Micron Technology Inc. Add +7.9% 0.15% +0.07
SPMO Invesco S&P 500 Momentum ETF New 0.07% +0.07
EXPE Expedia Group Inc. New 0.07% +0.07
AVEM Avantis Emerging Markets Eq New 0.07% +0.07
AXP American Express Co. New 0.06% +0.06
WBD Warner Bros Discovery Inc. New 0.06% +0.06
SCHF Schwab Intl Equity ETF New 0.06% +0.06
SMCI Super Micro Computer Inc. New 0.06% +0.06
NEM Newmont Corp. Add +4.2% 0.29% +0.06
VTV Vanguard Mrngstr Val ETF-Aui New 0.06% +0.06
MA Mastercard Inc. Class A Add +22.2% 0.29% +0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 448$444.0MAAPL, SPY, NVDA, SGOL, IYW
Q1 2026 395$378.2MAAPL, SPY, SDCI, SGOL, NVDA
Q4 2025 356$354.5MAAPL, SPY, SGOL, NVDA, IYW
Q3 2025 368$360.1MAAPL, SPY, NVDA, MSFT, IYW
Q2 2025 313$323.4MAAPL, SPY, NVDA, MSFT, IYW
Q1 2025 301$293.4MAAPL, SPY, SGOL, NVDA, MSFT
Q4 2024 445$301.7MAAPL, SPY, NVDA, IYW, MSFT
Q3 2024 308$280.9MAAPL, SPY, MSFT, IYW, NVDA
Q2 2024 348$265.8MAAPL, SPY, MSFT, IYW, HD
Q1 2024 275$207.3MAAPL, MSFT, HD, IYW, UTWO