F/m Investments LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), F/m Investments LLC reported 389 stock positions worth $2.5 billion. Its top holding was F/M 3-Year Inv GR Corp. B ETF (ZTRE) at 5.9% of the portfolio, followed by F/M 2-Year Inv G Corp. B ETF (ZTWO, 5.1%) and Apple (AAPL, 3.5%). Compared with Q4 2024, it opened 23 new positions, sold out of 31, added to 129 and reduced 192. The biggest buy was a new position in Idexx Laboratories (IDXX) and the biggest sale Broadcom (AVGO, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- WASHINGTON, DC
- CIK
- 0001834499
- Portfolio Value
- $2.5B (Q1 2025)
- SEC Filing
- 0001834499-25-000007 ↗ filed May 14, 2025
Holdings Value
Holdings 389 stocks · $2.5B
| ZTRE F/M 3-Year Inv GR Corp. B ETF | 5.88% | 2,906,171 | $147.5M | Reduce -0.1% |
| ZTWO F/M 2-Year Inv G Corp. B ETF | 5.12% | 2,540,071 | $128.6M | Reduce -12.7% |
| AAPL Apple Inc. | 3.53% | 399,170 | $88.6M | Reduce -10.0% |
| MSFT Microsoft Corp. | 3.41% | 227,893 | $85.5M | Reduce -4.9% |
| NVDA Nvidia Corp. | 2.92% | 676,551 | $73.3M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 2.57% | 416,763 | $64.4M | Reduce -4.7% |
| AMZN Amazon.com Inc. | 2.45% | 323,477 | $61.5M | Reduce -4.2% |
| ZTEN F/M 10-Year Inv G Corp. B ETF | 2.22% | 1,107,634 | $55.7M | Add +3.7% |
| MA Mastercard Inc. Class A | 2.03% | 93,030 | $51.0M | Add +1.9% |
| META Meta Platforms Inc. Class A | 2.00% | 86,981 | $50.1M | Reduce -2.5% |
| AVGO Broadcom Inc. | 1.97% | 296,010 | $49.6M | Reduce -6.1% |
| V Visa Inc. Class A | 1.64% | 117,603 | $41.2M | Add +0.6% |
| TBIL F/M US Treasury 3 Month Bill | 1.56% | 780,866 | $39.0M | Reduce -14.4% |
| KO The Coca-Cola Co. | 1.49% | 522,814 | $37.4M | Add +0.3% |
| HD Home Depot Inc. | 1.28% | 87,364 | $32.0M | Reduce -0.5% |
| ZHOG F/M Opportunistic Inc. | 1.22% | 590,591 | $30.6M | Add +2.1% |
| LLY Eli Lilly & Co. | 1.21% | 36,808 | $30.4M | Reduce -1.9% |
| PANW Palo Alto Networks Inc. | 1.16% | 170,702 | $29.1M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 1.11% | 113,652 | $27.9M | Reduce -8.9% |
| COST Costco Wholesale Corp. | 0.93% | 24,631 | $23.3M | Reduce -7.8% |
| NOW ServiceNow Inc. | 0.92% | 28,958 | $23.1M | No change |
| VEA Vanguard Ftse Developed ETF | 0.75% | 372,563 | $18.9M | Reduce -2.3% |
| JNJ Johnson & Johnson | 0.67% | 101,929 | $16.9M | Reduce -3.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.66% | 66,506 | $16.5M | Reduce -0.4% |
| VWO Vanguard Ftse Emerging Marke | 0.64% | 353,285 | $16.0M | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 0.64% | 259,005 | $16.0M | Add +6.5% |
| HON Honeywell International Inc. | 0.64% | 75,350 | $16.0M | Add +13.1% |
| XOM Exxon Mobil Corp. | 0.62% | 131,370 | $15.6M | Reduce -3.8% |
| INTU Intuit Inc. | 0.62% | 25,375 | $15.6M | Reduce -0.3% |
| ADSK Autodesk Inc. | 0.62% | 59,449 | $15.6M | Reduce -0.5% |
| UNH Unitedhealth Group Inc. | 0.61% | 29,236 | $15.3M | Reduce -55.6% |
| EFA iShares MSCI Eafe ETF | 0.59% | 180,613 | $14.8M | Reduce -0.7% |
| NOC Northrop Grumman Corp. | 0.58% | 28,627 | $14.7M | Reduce -1.6% |
| MAR Marriott International Class A | 0.57% | 60,314 | $14.4M | Reduce -3.8% |
| ADBE Adobe Inc. | 0.57% | 37,262 | $14.3M | Reduce -3.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.57% | 29,293 | $14.2M | Reduce -5.3% |
| WMT Walmart Inc. | 0.54% | 154,891 | $13.6M | Reduce -5.3% |
| RTX RTX Corp. | 0.54% | 102,331 | $13.6M | Add +1.8% |
| ABT Abbott Laboratories | 0.53% | 100,352 | $13.3M | Reduce -0.8% |
| WM Waste Management Inc. | 0.52% | 55,903 | $12.9M | Reduce -0.4% |
| CVX Chevron Corp. | 0.50% | 75,375 | $12.6M | Reduce -1.8% |
| ABBV Abbvie Inc. | 0.50% | 59,398 | $12.4M | Add +0.1% |
| CAT Caterpillar Inc. | 0.49% | 37,485 | $12.4M | Reduce -4.3% |
| JEPI JPMorgan Equity Premium Inco | 0.46% | 201,615 | $11.5M | Reduce -1.9% |
| WDAY Workday Inc. Class A | 0.46% | 48,954 | $11.4M | Reduce -5.1% |
| IDXX Idexx Laboratories Inc. | 0.45% | 27,178 | $11.4M | New |
| NFLX Netflix Inc. | 0.45% | 12,178 | $11.4M | Reduce -7.2% |
| ORLY O'reilly Automotive Inc. | 0.43% | 7,599 | $10.9M | Reduce -0.7% |
| HIG Hartford Insurance Group Inc. | 0.43% | 86,651 | $10.7M | Reduce -5.6% |
| PG The Procter & Gamble Co. | 0.42% | 61,708 | $10.5M | Reduce -1.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.41% | 39,682 | $10.2M | Add +3.8% |
| MS Morgan Stanley | 0.40% | 86,270 | $10.1M | Reduce -6.3% |
| PNC PNC Financial Services Group | 0.40% | 57,064 | $10.0M | Reduce -13.5% |
| SYK Stryker Corp. | 0.39% | 26,526 | $9.9M | Reduce -4.6% |
| ULTA Ulta Beauty Inc. | 0.39% | 26,649 | $9.8M | Reduce -1.5% |
| ETN Eaton Corp. PLC | 0.39% | 35,699 | $9.7M | Reduce -5.6% |
| VOO Vanguard S&P 500 ETF | 0.39% | 18,881 | $9.7M | Add +0.3% |
| MDT Medtronic PLC | 0.38% | 106,393 | $9.6M | Reduce -3.0% |
| J Jacobs Solutions Inc. | 0.37% | 77,804 | $9.4M | Reduce -0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.36% | 18,308 | $9.1M | Reduce -8.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.36% | 128,984 | $9.0M | Reduce -1.1% |
| NEE Nextera Energy Inc. | 0.35% | 124,966 | $8.9M | Reduce -4.1% |
| MET Metlife Inc. | 0.35% | 109,169 | $8.8M | Reduce -2.8% |
| PPL PPL Corp. | 0.35% | 241,329 | $8.7M | Reduce -2.6% |
| ISRG Intuitive Surgical Inc. | 0.34% | 17,200 | $8.5M | Reduce -15.8% |
| TSN Tyson Foods Inc. Class A | 0.34% | 133,056 | $8.5M | Add +10.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.34% | 15,057 | $8.4M | Add +1.5% |
| TSLA Tesla Inc. | 0.31% | 30,369 | $7.9M | Reduce -33.8% |
| IJR iShares Core S&P Small-Cap E | 0.31% | 73,260 | $7.7M | Reduce -0.0% |
| MMSI Merit Medical Systems Inc. | 0.30% | 72,008 | $7.6M | Add +1.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.30% | 123,736 | $7.5M | Add +1.3% |
| BX Blackstone Inc. | 0.29% | 52,362 | $7.3M | Reduce -1.1% |
| PLMR Palomar Holdings Inc. | 0.28% | 51,476 | $7.1M | Reduce -1.4% |
| PWR Quanta Services Inc. | 0.27% | 26,746 | $6.8M | Reduce -5.8% |
| OLLI Ollie's Bargain Outlet Holdi | 0.27% | 57,727 | $6.7M | Reduce -1.5% |
| AIT Applied Industrial Tech Inc. | 0.27% | 29,763 | $6.7M | Reduce -1.7% |
| MLI Mueller Industries Inc. | 0.25% | 81,791 | $6.2M | Add +1.7% |
| VCTR Victory Capital Holding - A | 0.25% | 106,392 | $6.2M | Reduce -1.1% |
| EGP Eastgroup Properties Inc. | 0.24% | 34,913 | $6.1M | Add +22.2% |
| ROST Ross Stores Inc. | 0.24% | 47,186 | $6.0M | Reduce -4.6% |
| CMG Chipotle Mexican Grill Inc. | 0.24% | 119,614 | $6.0M | Reduce -5.7% |
| C Citigroup Inc. | 0.24% | 84,188 | $6.0M | New |
| PEP Pepsico Inc. | 0.24% | 39,537 | $5.9M | Reduce -15.3% |
| URI United Rentals Inc. | 0.24% | 9,453 | $5.9M | Reduce -5.4% |
| AXP American Express Co. | 0.23% | 21,777 | $5.9M | Add +14.3% |
| UNP Union Pacific Corp. | 0.23% | 24,612 | $5.8M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.23% | 126,324 | $5.7M | Reduce -2.8% |
| JCI Johnson Controls Internation | 0.23% | 71,351 | $5.7M | Reduce -0.1% |
| ENSG The Ensign Group Inc. | 0.22% | 43,205 | $5.6M | Reduce -0.9% |
| LGND Ligand Pharmaceuticals | 0.22% | 52,245 | $5.5M | Reduce -1.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 55,138 | $5.5M | Reduce -2.1% |
| ADP Automatic Data Processing | 0.22% | 17,835 | $5.4M | Reduce -5.7% |
| AMGN Amgen Inc. | 0.21% | 17,163 | $5.3M | Reduce -1.4% |
| BLK BlackRock Inc. | 0.21% | 5,611 | $5.3M | New |
| BANR Banner Corporation | 0.21% | 83,235 | $5.3M | Add +38.2% |
| PLTR Palantir Technologies Inc. Class A | 0.21% | 62,869 | $5.3M | Add +141.5% |
| ITGR Integer Holdings Corp. | 0.21% | 44,012 | $5.2M | Reduce -0.6% |
| LMT Lockheed Martin Corp. | 0.21% | 11,617 | $5.2M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.21% | 37,021 | $5.2M | Reduce -1.2% |
| APD Air Products & Chemicals Inc. | 0.21% | 17,504 | $5.2M | Reduce -2.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $541K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 425 | $509K | Reduce -3.2% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 29,000 | $32K | No change |
Total filed on the 13F, all lines: $2.5B.
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -6.1% | 1.97% | −0.72 |
| UNH Unitedhealth Group Inc. | Reduce -55.6% | 0.61% | −0.62 |
| AAPL Apple Inc. | Reduce -10.0% | 3.53% | −0.57 |
| GOOGL Alphabet Inc. Class A | Reduce -4.7% | 2.57% | −0.49 |
| NVDA Nvidia Corp. | Reduce -1.5% | 2.92% | −0.48 |
| TSLA Tesla Inc. | Reduce -33.8% | 0.31% | −0.37 |
| TFC Truist Financial Corp. | Reduce -93.6% | 0.02% | −0.34 |
| MSFT Microsoft Corp. | Reduce -4.9% | 3.41% | −0.32 |
| AMZN Amazon.com Inc. | Reduce -4.2% | 2.45% | −0.28 |
| ZTWO F/M 2-Year Inv G Corp. B ETF | Reduce -12.7% | 5.12% | −0.27 |
| MOD Modine Manufacturing Co. | Reduce -33.5% | 0.16% | −0.17 |
| FIX Comfort Systems USA Inc. | Reduce -86.6% | 0.02% | −0.16 |
| AMD Advanced Micro Devices | Reduce -46.4% | 0.14% | −0.15 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -14.4% | 1.56% | −0.12 |
| ITCI Intra-Cellular Therapies Inc. | Sold out | 0.00% | −0.11 |
| IFF Intl Flavors & Fragrances | Reduce -47.5% | 0.12% | −0.11 |
| CRM Salesforce Inc. | Reduce -25.5% | 0.19% | −0.10 |
| EVR Evercore Inc. Class A | Reduce -41.5% | 0.08% | −0.10 |
| DLR Digital Realty Trust Inc. | Reduce -26.9% | 0.16% | −0.09 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.09 |
| NSSC Napco Security Technologies | Sold out | 0.00% | −0.09 |
| ATKR Atkore Inc. | Sold out | 0.00% | −0.09 |
| STRL Sterling Infrastructure Inc. | Reduce -5.5% | 0.19% | −0.09 |
| MYRG MYR Group Inc./Delaware | Sold out | 0.00% | −0.08 |
| SM SM Energy Co. | Sold out | 0.00% | −0.08 |
| BURL Burlington Stores Inc. | Sold out | 0.00% | −0.08 |
| ETN Eaton Corp. PLC | Reduce -5.6% | 0.39% | −0.08 |
| MAR Marriott International Class A | Reduce -3.8% | 0.57% | −0.07 |
| PNC PNC Financial Services Group | Reduce -13.5% | 0.40% | −0.07 |
| FN Fabrinet | Reduce -36.1% | 0.11% | −0.07 |
| ADBE Adobe Inc. | Reduce -3.5% | 0.57% | −0.06 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.06 |
| BOOT Boot Barn Holdings Inc. | Reduce -1.2% | 0.19% | −0.06 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.06 |
| MTSI Macom Technology Solutions H | Reduce -11.8% | 0.17% | −0.06 |
| PWR Quanta Services Inc. | Reduce -5.8% | 0.27% | −0.06 |
| BBWI Bath & Body Works Inc. | Sold out | 0.00% | −0.06 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -1.1% | 0.36% | −0.06 |
| Z Zillow Group Inc. Class C | Sold out | 0.00% | −0.06 |
| VKTX Viking Therapeutics Inc. | Sold out | 0.00% | −0.06 |
| ISRG Intuitive Surgical Inc. | Reduce -15.8% | 0.34% | −0.05 |
| SAIA Saia Inc. | Reduce -4.8% | 0.20% | −0.05 |
| CRDO Credo Technology Group Holdi | Reduce -19.9% | 0.06% | −0.05 |
| TKR Timken Co. | Sold out | 0.00% | −0.05 |
| O Realty Income Corp. | Reduce -87.2% | 0.01% | −0.05 |
| IESC Ies Holdings Inc. | Reduce -21.8% | 0.11% | −0.05 |
| F Ford Motor Co. | Sold out | 0.00% | −0.05 |
| BX Blackstone Inc. | Reduce -1.1% | 0.29% | −0.05 |
| ULTA Ulta Beauty Inc. | Reduce -1.5% | 0.39% | −0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| IDXX Idexx Laboratories Inc. | New | 0.45% | +0.45 |
| KO The Coca-Cola Co. | Add +0.3% | 1.49% | +0.29 |
| V Visa Inc. Class A | Add +0.6% | 1.64% | +0.28 |
| ZTEN F/M 10-Year Inv G Corp. B ETF | Add +3.7% | 2.22% | +0.27 |
| MA Mastercard Inc. Class A | Add +1.9% | 2.03% | +0.26 |
| C Citigroup Inc. | New | 0.24% | +0.24 |
| BLK BlackRock Inc. | New | 0.21% | +0.21 |
| LRCX Lam Research Corp. | New | 0.17% | +0.17 |
| HUBS HubSpot Inc. | New | 0.16% | +0.16 |
| PLTR Palantir Technologies Inc. Class A | Add +141.5% | 0.21% | +0.14 |
| ZHOG F/M Opportunistic Inc. | Add +2.1% | 1.22% | +0.12 |
| RTX RTX Corp. | Add +1.8% | 0.54% | +0.11 |
| ABBV Abbvie Inc. | Add +0.1% | 0.50% | +0.11 |
| CSCO Cisco Systems Inc. | Add +6.5% | 0.64% | +0.11 |
| EQT Eqt Corp. | New | 0.10% | +0.10 |
| IP International Paper Co. | New | 0.10% | +0.10 |
| DINO HF Sinclair Corp. | New | 0.09% | +0.09 |
| EPAC Enerpac Tool Group Corp. | Add +573.0% | 0.10% | +0.09 |
| TSN Tyson Foods Inc. Class A | Add +10.5% | 0.34% | +0.08 |
| HON Honeywell International Inc. | Add +13.1% | 0.64% | +0.08 |
| MRSH Marsh & McLennan Cos | New | 0.08% | +0.08 |
| OSPN Onespan Inc. | New | 0.08% | +0.08 |
| EGP Eastgroup Properties Inc. | Add +22.2% | 0.24% | +0.08 |
| WEC WEC Energy Group Inc. | Add +471.8% | 0.09% | +0.07 |
| LNT Alliant Energy Corp. | New | 0.07% | +0.07 |
| GAP The Gap Inc. | New | 0.07% | +0.07 |
| MFC Manulife Financial Corp. | New | 0.07% | +0.07 |
| BSX Boston Scientific Corp. | Add +466.9% | 0.08% | +0.07 |
| ACIW Aci Worldwide Inc. | Add +46.9% | 0.17% | +0.07 |
| IDA Idacorp Inc. | Add +41.7% | 0.17% | +0.07 |
| GH Guardant Health Inc. | New | 0.07% | +0.07 |
| SLNO Soleno Therapeutics Inc. | Add +6.2% | 0.14% | +0.07 |
| BANR Banner Corporation | Add +38.2% | 0.21% | +0.06 |
| ETNB 89BIO Inc. | New | 0.06% | +0.06 |
| FSLR First Solar Inc. | Add +157.4% | 0.12% | +0.06 |
| OSW Onespaworld Holdings Ltd. | Add +73.2% | 0.16% | +0.06 |
| ENVA Enova International Inc. | Add +44.6% | 0.15% | +0.06 |
| MDGL Madrigal Pharmaceuticals Inc. | Add +164.6% | 0.08% | +0.05 |
| LAMR Lamar Advertising Co. Class A | New | 0.05% | +0.05 |
| TM Toyota Motor Corp. -Spon ADR | New | 0.05% | +0.05 |
| MMSI Merit Medical Systems Inc. | Add +1.5% | 0.30% | +0.05 |
| BBIO Bridgebio Pharma Inc. | Add +6.3% | 0.14% | +0.04 |
| ESE Esco Technologies Inc. | Add +0.4% | 0.19% | +0.04 |
| GMED Globus Medical Inc. Class A | New | 0.04% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.3% | 0.30% | +0.04 |
| HURN Huron Consulting Group Inc. | Add +0.4% | 0.19% | +0.04 |
| ANIP Ani Pharmaceuticals Inc. | Add +1.4% | 0.15% | +0.04 |
| WSBC Wesbanco Inc. | Add +22.5% | 0.18% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +3.8% | 0.41% | +0.04 |
| TOL Toll Brothers Inc. | Add +53.2% | 0.13% | +0.04 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -3.2% | 425 | $509K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 351 | $2.0B | AGG, DFCF, TBLL, GOOGL, AVGO |
| Q1 2026 | 332 | $1.5B | DFCF, GOOGL, AVGO, AAPL, VEU |
| Q4 2025 | 427 | $2.6B | AAPL, GOOGL, NVDA, MSFT, AVGO |
| Q3 2025 | 410 | $2.6B | NVDA, MSFT, AAPL, GOOGL, AVGO |
| Q2 2025 | 398 | $2.8B | ZTRE, ZTWO, MSFT, NVDA, AVGO |
| Q1 2025 | 389 | $2.5B | ZTRE, ZTWO, AAPL, MSFT, NVDA |
| Q4 2024 | 397 | $2.7B | ZTWO, ZTRE, AAPL, MSFT, NVDA |
| Q3 2024 | 332 | $3.2B | ADBE, MSFT, AAPL, NVDA, GOOGL |
| Q2 2024 | 315 | $2.8B | MSFT, AAPL, NVDA, GOOGL, AMZN |
| Q1 2024 | 79 | $147.2M | AAPL, ZTEN, MSFT, ZTRE, AMZN |