Essential Partners LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed May 21, 2026), Essential Partners LLC reported 2,769 stock positions worth $324.7 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 4.2% of the portfolio, followed by Nvidia (NVDA, 1.3%) and General Motors (GM, 1.1%). Compared with Q3 2025, it opened 277 new positions, sold out of 175, added to 1,157 and reduced 966. The biggest buy was Atlassian Class A (TEAM, shares +850%) and the biggest sale Adobe (ADBE, shares −86%).
- Most Recent 13F
- Q2 2026
- Location
- RANCHO SANTA FE, CA
- CIK
- 0002136442
- Portfolio Value
- $324.7M (Q4 2025)
- SEC Filing
- 0002136442-26-000002 ↗ filed May 21, 2026
Holdings Value
Holdings 2,769 stocks · $324.7M
| PHYS Sprott Physical Gold Trust | 4.23% | 415,830 | $13.7M | Add +3.0% |
| NVDA Nvidia Corp. | 1.31% | 22,771 | $4.2M | Add +7.2% |
| GM General Motors Co. | 1.07% | 42,905 | $3.5M | Reduce -1.3% |
| IVV iShares Core S&P 500 ETF | 1.07% | 5,083 | $3.5M | Add +4.4% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 1.04% | 126,880 | $3.4M | Reduce -5.6% |
| GE General Electric filed as GE AEROSPACE | 1.02% | 10,768 | $3.3M | Reduce -6.4% |
| FIX Comfort Systems USA Inc. | 1.00% | 3,471 | $3.2M | Add +7.4% |
| MRK Merck & Co. Inc. | 0.95% | 29,260 | $3.1M | Add +60.0% |
| RBLX Roblox Corp. Class A | 0.94% | 37,770 | $3.1M | Add +4.6% |
| SNOW Snowflake Inc. | 0.93% | 13,745 | $3.0M | Reduce -2.2% |
| VGSH Vanguard Short-Term Treasury | 0.91% | 50,456 | $3.0M | Reduce -1.0% |
| INCY Incyte Corp. | 0.89% | 29,372 | $2.9M | Add +3.0% |
| EXPE Expedia Group Inc. | 0.88% | 10,057 | $2.8M | Add +14.8% |
| ANET Arista Networks Inc. | 0.86% | 21,303 | $2.8M | Add +2.2% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.86% | 61,424 | $2.8M | Add +5.9% |
| CNC Centene Corp. | 0.84% | 66,274 | $2.7M | Add +123.7% |
| TEAM Atlassian Corp. Class A | 0.83% | 16,524 | $2.7M | Add +849.7% |
| PNC PNC Financial Services Group | 0.82% | 12,763 | $2.7M | Reduce -10.1% |
| C Citigroup Inc. | 0.81% | 22,484 | $2.6M | Reduce -2.9% |
| AVGO Broadcom Inc. | 0.77% | 7,259 | $2.5M | Reduce -0.9% |
| ABNB Airbnb Inc. Class A | 0.68% | 16,250 | $2.2M | Add +11.8% |
| GEV GE Vernova Inc. | 0.65% | 3,245 | $2.1M | Reduce -4.8% |
| INTC Intel Corp. | 0.64% | 56,060 | $2.1M | Reduce -2.8% |
| APH Amphenol Corp. Class A | 0.63% | 15,237 | $2.1M | Add +1.5% |
| PEP Pepsico Inc. | 0.61% | 13,855 | $2.0M | Add +18.2% |
| FTI Technipfmc PLC | 0.60% | 43,873 | $2.0M | Add +1.1% |
| TPR Tapestry Inc. | 0.59% | 15,004 | $1.9M | Reduce -7.6% |
| EIX Edison International | 0.59% | 31,823 | $1.9M | Add +67.0% |
| DAL Delta Air Lines Inc. | 0.58% | 27,060 | $1.9M | Add +2.3% |
| AAPL Apple Inc. | 0.58% | 6,896 | $1.9M | Add +8.3% |
| TER Teradyne Inc. | 0.57% | 9,601 | $1.9M | Add +9.0% |
| RL Ralph Lauren Corp. | 0.57% | 5,191 | $1.8M | Add +10.1% |
| NOW ServiceNow Inc. | 0.55% | 11,695 | $1.8M | Add +39.8% |
| ILMN Illumina Inc. | 0.55% | 13,567 | $1.8M | Add +9.4% |
| PCG P G & E Corp. | 0.53% | 107,620 | $1.7M | Add +39.9% |
| VRSN Verisign Inc. | 0.52% | 7,013 | $1.7M | Reduce -18.9% |
| MSCI MSCI Inc. | 0.52% | 2,936 | $1.7M | Reduce -3.7% |
| CMI Cummins Inc. | 0.50% | 3,194 | $1.6M | Add +1.4% |
| ZM Zoom Communications Inc. | 0.49% | 18,574 | $1.6M | Add +159.7% |
| DG Dollar General Corp. | 0.49% | 12,023 | $1.6M | Add +462.4% |
| IEMG iShares Core MSCI Emerging | 0.49% | 23,497 | $1.6M | Add +8.9% |
| CFG Citizens Financial Group | 0.48% | 26,775 | $1.6M | Add +19.6% |
| AMZN Amazon.com Inc. | 0.47% | 6,621 | $1.5M | Add +8.0% |
| GMOV GMO U.S. Value ETF | 0.47% | 55,464 | $1.5M | Add +7.7% |
| FIVE Five Below | 0.47% | 8,022 | $1.5M | Add +6.4% |
| COF Capital One Financial Corp. | 0.47% | 6,230 | $1.5M | Add +5.2% |
| VTIP Vanguard Short-Term Tips | 0.46% | 30,255 | $1.5M | Reduce -2.9% |
| XLE SS Energy Select Sector | 0.45% | 33,032 | $1.5M | Add +42.6% |
| JNJ Johnson & Johnson | 0.45% | 7,120 | $1.5M | Add +0.8% |
| DINO HF Sinclair Corp. | 0.44% | 31,344 | $1.4M | Add +0.1% |
| JCI Johnson Controls Internation | 0.44% | 12,058 | $1.4M | Add +0.1% |
| MEDP Medpace Holdings Inc. | 0.44% | 2,541 | $1.4M | Add +23.2% |
| EVR Evercore Inc. Class A | 0.42% | 3,963 | $1.3M | Reduce -8.0% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.41% | 18,401 | $1.3M | Add +7.6% |
| MMM 3M Co. | 0.41% | 8,243 | $1.3M | Add +2.6% |
| GMOI GMO International Value ETF | 0.40% | 39,075 | $1.3M | Add +0.5% |
| SGOV iShares 0-3 Month Treasury B | 0.40% | 12,945 | $1.3M | Add +15.8% |
| CB Chubb Ltd. | 0.40% | 4,120 | $1.3M | Add +105.3% |
| LYFT LYFT Inc. Class A | 0.40% | 66,374 | $1.3M | Add +4.3% |
| FDX FedEx Corp. | 0.40% | 4,447 | $1.3M | Add +16.5% |
| NTRA Natera Inc. | 0.39% | 5,551 | $1.3M | Add +21.7% |
| ULTA Ulta Beauty Inc. | 0.39% | 2,096 | $1.3M | No change |
| REGN Regeneron Pharmaceuticals | 0.38% | 1,607 | $1.2M | Add +37.0% |
| IVZ Invesco Ltd. | 0.38% | 47,082 | $1.2M | Add +2.3% |
| TXRH Texas Roadhouse Inc. | 0.37% | 7,278 | $1.2M | Add +9.3% |
| ETSY Etsy Inc. | 0.37% | 21,623 | $1.2M | Add +9.2% |
| GLW Corning Inc. | 0.36% | 13,514 | $1.2M | Add +0.1% |
| TRV The Travelers Cos Inc. | 0.36% | 4,071 | $1.2M | Add +1.2% |
| COMT iShares Gsci Commodity Dynam | 0.36% | 47,421 | $1.2M | Add +16.3% |
| COM Direxion Auspice BRD Cmdty | 0.36% | 39,900 | $1.2M | Add +29.6% |
| MSFT Microsoft Corp. | 0.36% | 2,405 | $1.2M | Reduce -13.4% |
| VRT Vertiv Holdings Co. Class A | 0.35% | 7,099 | $1.2M | Add +5.6% |
| SCHR Schwab Intermediate-Term US | 0.35% | 45,550 | $1.1M | Reduce -0.1% |
| HUBS HubSpot Inc. | 0.34% | 2,784 | $1.1M | Add +1105.2% |
| ORI Old Republic Intl Corp. | 0.34% | 24,028 | $1.1M | Add +1.4% |
| ESTC Elastic NV | 0.34% | 14,452 | $1.1M | Add +17.3% |
| AA Alcoa Corp. | 0.33% | 20,332 | $1.1M | Add +20.2% |
| WMT Walmart Inc. | 0.33% | 9,641 | $1.1M | Add +27.8% |
| EME Emcor Group Inc. | 0.33% | 1,746 | $1.1M | Reduce -10.2% |
| EXEL Exelixis Inc. | 0.33% | 24,346 | $1.1M | Add +37.7% |
| ADSK Autodesk Inc. | 0.32% | 3,558 | $1.1M | Add +0.5% |
| PANW Palo Alto Networks Inc. | 0.32% | 5,710 | $1.1M | Reduce -4.8% |
| BMRN Biomarin Pharmaceutical Inc. | 0.32% | 17,620 | $1.0M | Add +23.9% |
| UAL United Airlines Holdings Inc. | 0.32% | 9,153 | $1.0M | Add +14.7% |
| MRVL Marvell Technology Inc. | 0.31% | 12,033 | $1.0M | Add +16.0% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.31% | 5,213 | $1.0M | Add +24.4% |
| BIIB Biogen Inc. | 0.31% | 5,714 | $1.0M | Add +2.8% |
| USFD US Foods Holding Corp. | 0.31% | 13,266 | $999K | Reduce -0.8% |
| LVS Las Vegas Sands Corp. | 0.30% | 14,883 | $969K | Add +39.3% |
| ADT Adt Inc. | 0.30% | 119,533 | $965K | Add +9.0% |
| BBY Best Buy Co. Inc. | 0.29% | 14,262 | $955K | Add +23.9% |
| THC Tenet Healthcare Corp. | 0.29% | 4,789 | $952K | Add +9.9% |
| SCHA Schwab US Small-Cap ETF | 0.29% | 33,159 | $944K | Add +8.5% |
| MKTX Marketaxess Holdings Inc. | 0.29% | 5,173 | $938K | Add +163.4% |
| EXAS Exact Sciences Corp. | 0.29% | 9,173 | $932K | Add +201.1% |
| KDP Keurig Dr Pepper Inc. | 0.28% | 32,380 | $907K | Add +511.1% |
| PINS Pinterest Inc. Class A | 0.27% | 34,346 | $889K | Reduce -12.3% |
| SF Stifel Financial Corp. | 0.27% | 7,086 | $887K | Add +18.4% |
| BMY Bristol-Myers Squibb Co. | 0.27% | 16,447 | $887K | Add +277.1% |
| MDB Mongodb Inc. | 0.27% | 2,113 | $887K | Add +8.6% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $59K (not counted above)
Total filed on the 13F, all lines: $324.8M.
Portfolio Sells Q3 2025 → Q4 2025
| ADBE Adobe Inc. | Reduce -86.3% | 0.08% | −0.56 |
| DASH DoorDash Inc. Class A | Reduce -66.2% | 0.20% | −0.56 |
| PM Philip Morris International | Reduce -82.7% | 0.08% | −0.44 |
| MOH Molina Healthcare Inc. | Reduce -99.6% | 0.00% | −0.40 |
| NTNX Nutanix Inc. Class A | Reduce -74.4% | 0.07% | −0.36 |
| CHWY Chewy Inc. Class A | Reduce -87.8% | 0.03% | −0.32 |
| BAH Booz Allen Hamilton Holdings | Reduce -95.5% | 0.01% | −0.30 |
| VRSN Verisign Inc. | Reduce -18.9% | 0.52% | −0.27 |
| GRMN Garmin Ltd. | Reduce -42.3% | 0.22% | −0.27 |
| DKNG Draftkings Inc. Class A | Reduce -51.2% | 0.19% | −0.27 |
| VEEV Veeva Systems Inc. Class A | Reduce -38.7% | 0.17% | −0.23 |
| LNG Cheniere Energy Inc. | Reduce -98.9% | 0.00% | −0.22 |
| ZS Zscaler Inc. | Reduce -41.9% | 0.13% | −0.18 |
| DUOL Duolingo | Reduce -76.0% | 0.03% | −0.18 |
| EG Everest Group Ltd. | Reduce -71.3% | 0.06% | −0.18 |
| BSX Boston Scientific Corp. | Reduce -99.2% | 0.00% | −0.17 |
| ZTS Zoetis Inc. | Reduce -88.2% | 0.02% | −0.16 |
| MANH Manhattan Associates Inc. | Reduce -24.8% | 0.22% | −0.15 |
| PINS Pinterest Inc. Class A | Reduce -12.3% | 0.27% | −0.14 |
| CNXC Concentrix Corp. | Reduce -60.9% | 0.07% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -93.7% | 0.01% | −0.14 |
| CHTR Charter Communications Inc. Class A | Reduce -65.0% | 0.04% | −0.13 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -64.0% | 0.05% | −0.13 |
| EXR Extra Space Storage Inc. | Reduce -54.3% | 0.08% | −0.13 |
| CAG Conagra Brands Inc. | Reduce -92.1% | 0.01% | −0.13 |
| XRAY Dentsply Sirona Inc. | Reduce -64.9% | 0.05% | −0.13 |
| HOOD Robinhood Markets Inc. Class A | Reduce -16.8% | 0.20% | −0.12 |
| PNC PNC Financial Services Group | Reduce -10.1% | 0.82% | −0.12 |
| GE General Electric | Reduce -6.4% | 1.02% | −0.12 |
| NWSA News Corp. Class A | Reduce -22.7% | 0.19% | −0.12 |
| FMC FMC Corp. | Sold out | 0.00% | −0.12 |
| SNOW Snowflake Inc. | Reduce -2.2% | 0.93% | −0.12 |
| MSFT Microsoft Corp. | Reduce -13.4% | 0.36% | −0.12 |
| LZ Legalzoomcom Inc. | Reduce -63.5% | 0.05% | −0.11 |
| PSA Public Storage | Reduce -84.5% | 0.02% | −0.11 |
| BBWI Bath & Body Works Inc. | Reduce -42.8% | 0.07% | −0.10 |
| MOS The Mosaic Co. | Reduce -80.9% | 0.01% | −0.10 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -5.6% | 1.04% | −0.10 |
| FFIV F5 Inc. | Sold out | 0.00% | −0.10 |
| NWL Newell Brands Inc. | Reduce -60.8% | 0.03% | −0.10 |
| ARE Alexandria Real Estate Equit | Reduce -98.4% | 0.00% | −0.09 |
| APLS Apellis Pharmaceuticals Inc. | Reduce -71.2% | 0.04% | −0.09 |
| INTU Intuit Inc. | Reduce -44.1% | 0.09% | −0.09 |
| MAN Manpowergroup Inc. | Reduce -77.0% | 0.02% | −0.09 |
| EME Emcor Group Inc. | Reduce -10.2% | 0.33% | −0.09 |
| RHI Robert Half Inc. | Reduce -60.5% | 0.04% | −0.09 |
| AWK American Water Works Co. Inc. | Reduce -94.5% | 0.00% | −0.09 |
| KMI Kinder Morgan Inc. | Reduce -50.0% | 0.07% | −0.09 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -17.7% | 0.14% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -4.8% | 0.32% | −0.08 |
Portfolio Buys Q3 2025 → Q4 2025
| TEAM Atlassian Corp. Class A | Add +849.7% | 0.83% | +0.73 |
| CNC Centene Corp. | Add +123.7% | 0.84% | +0.49 |
| MRK Merck & Co. Inc. | Add +60.0% | 0.95% | +0.44 |
| DG Dollar General Corp. | Add +462.4% | 0.49% | +0.42 |
| HUBS HubSpot Inc. | Add +1105.2% | 0.34% | +0.31 |
| ZM Zoom Communications Inc. | Add +159.7% | 0.49% | +0.30 |
| PHYS Sprott Physical Gold Trust | Add +3.0% | 4.23% | +0.28 |
| EXPE Expedia Group Inc. | Add +14.8% | 0.88% | +0.26 |
| FDS Factset Research Systems Inc. | Add +40542.9% | 0.25% | +0.25 |
| EIX Edison International | Add +67.0% | 0.59% | +0.24 |
| KDP Keurig Dr Pepper Inc. | Add +511.1% | 0.28% | +0.23 |
| EXAS Exact Sciences Corp. | Add +201.1% | 0.29% | +0.23 |
| UTHR United Therapeutics Corp. | Add +722.9% | 0.24% | +0.21 |
| ROP Roper Technologies Inc. | Add +1059.2% | 0.23% | +0.21 |
| CB Chubb Ltd. | Add +105.3% | 0.40% | +0.21 |
| BMY Bristol-Myers Squibb Co. | Add +277.1% | 0.27% | +0.21 |
| MKTX Marketaxess Holdings Inc. | Add +163.4% | 0.29% | +0.18 |
| TER Teradyne Inc. | Add +9.0% | 0.57% | +0.17 |
| UPS United Parcel Service Class B | Add +453.5% | 0.21% | +0.17 |
| REGN Regeneron Pharmaceuticals | Add +37.0% | 0.38% | +0.16 |
| ALGN Align Technology Inc. | Add +457.7% | 0.19% | +0.16 |
| ILMN Illumina Inc. | Add +9.4% | 0.55% | +0.16 |
| PCG P G & E Corp. | Add +39.9% | 0.53% | +0.15 |
| NTRA Natera Inc. | Add +21.7% | 0.39% | +0.15 |
| AA Alcoa Corp. | Add +20.2% | 0.33% | +0.15 |
| NEM Newmont Corp. | Add +168.9% | 0.21% | +0.14 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Add +24.4% | 0.31% | +0.13 |
| FIX Comfort Systems USA Inc. | Add +7.4% | 1.00% | +0.12 |
| GTLB Gitlab Inc. Class A | Add +12475.3% | 0.12% | +0.12 |
| XLE SS Energy Select Sector | Add +42.6% | 0.45% | +0.11 |
| MU Micron Technology Inc. | Add +24.8% | 0.22% | +0.11 |
| TSN Tyson Foods Inc. Class A | Add +127.9% | 0.19% | +0.11 |
| HII Huntington Ingalls Industrie | Add +87.3% | 0.21% | +0.11 |
| LVS Las Vegas Sands Corp. | Add +39.3% | 0.30% | +0.11 |
| CMG Chipotle Mexican Grill Inc. | Add +446.3% | 0.13% | +0.10 |
| CFLT Confluent Inc. Class A | Add +48.7% | 0.19% | +0.10 |
| FDX FedEx Corp. | Add +16.5% | 0.40% | +0.10 |
| ABNB Airbnb Inc. Class A | Add +11.8% | 0.68% | +0.10 |
| INCY Incyte Corp. | Add +3.0% | 0.89% | +0.10 |
| BDX Becton Dickinson and Co. | Add +140.0% | 0.16% | +0.09 |
| MEDP Medpace Holdings Inc. | Add +23.2% | 0.44% | +0.09 |
| CFG Citizens Financial Group | Add +19.6% | 0.48% | +0.09 |
| G Genpact Ltd. | Add +186.4% | 0.13% | +0.09 |
| IT Gartner Inc. | Add +117.0% | 0.18% | +0.09 |
| EXEL Exelixis Inc. | Add +37.7% | 0.33% | +0.09 |
| DAL Delta Air Lines Inc. | Add +2.3% | 0.58% | +0.08 |
| FIVE Five Below | Add +6.4% | 0.47% | +0.08 |
| VRSK Verisk Analytics Inc. | Add +244.1% | 0.12% | +0.08 |
| WDC Western Digital Corp. | Add +47.5% | 0.16% | +0.08 |
| RL Ralph Lauren Corp. | Add +10.1% | 0.57% | +0.08 |