F/m Investments LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), F/m Investments LLC reported 398 stock positions worth $2.8 billion. Its top holding was F/M 3-Year Inv GR Corp. B ETF (ZTRE) at 5.5% of the portfolio, followed by F/M 2-Year Inv G Corp. B ETF (ZTWO, 4.7%) and Microsoft (MSFT, 4.0%). Compared with Q1 2025, it opened 34 new positions, sold out of 25, added to 204 and reduced 125. The biggest buy was Broadcom (AVGO, shares +5%) and the biggest sale Coca-Cola (KO, shares −75%).
- Most Recent 13F
- Q2 2026
- Location
- WASHINGTON, DC
- CIK
- 0001834499
- Portfolio Value
- $2.8B (Q2 2025)
- SEC Filing
- 0001834499-25-000010 ↗ filed Aug 13, 2025
Holdings Value
Holdings 398 stocks · $2.8B
| ZTRE F/M 3-Year Inv GR Corp. B ETF | 5.54% | 2,983,863 | $152.5M | Add +2.7% |
| ZTWO F/M 2-Year Inv G Corp. B ETF | 4.70% | 2,546,143 | $129.4M | Add +0.2% |
| MSFT Microsoft Corp. | 4.01% | 221,868 | $110.4M | Reduce -2.6% |
| NVDA Nvidia Corp. | 3.87% | 674,338 | $106.5M | Reduce -0.3% |
| AVGO Broadcom Inc. | 3.12% | 311,242 | $85.8M | Add +5.2% |
| AAPL Apple Inc. | 3.08% | 413,721 | $84.8M | Add +3.6% |
| GOOGL Alphabet Inc. Class A | 2.59% | 404,509 | $71.3M | Reduce -2.9% |
| AMZN Amazon.com Inc. | 2.57% | 322,923 | $70.8M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 2.38% | 88,861 | $65.6M | Add +2.2% |
| ZTEN F/M 10-Year Inv G Corp. B ETF | 2.22% | 1,207,463 | $61.2M | Add +9.0% |
| TBIL F/M US Treasury 3 Month Bill | 1.85% | 1,021,520 | $51.1M | Add +30.8% |
| MA Mastercard Inc. Class A | 1.84% | 90,087 | $50.6M | Reduce -3.2% |
| V Visa Inc. Class A | 1.52% | 117,797 | $41.8M | Add +0.2% |
| PANW Palo Alto Networks Inc. | 1.27% | 170,958 | $35.0M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.19% | 112,773 | $32.7M | Reduce -0.8% |
| HD Home Depot Inc. | 1.12% | 84,005 | $30.8M | Reduce -3.8% |
| NOW ServiceNow Inc. | 1.06% | 28,361 | $29.2M | Reduce -2.1% |
| LLY Eli Lilly & Co. | 1.04% | 36,860 | $28.7M | Add +0.1% |
| ZHOG F/M Opportunistic Inc. | 1.04% | 553,373 | $28.7M | Reduce -6.3% |
| COST Costco Wholesale Corp. | 0.81% | 22,626 | $22.4M | Reduce -8.1% |
| VEA Vanguard Ftse Developed ETF | 0.76% | 367,849 | $21.0M | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.75% | 70,235 | $20.7M | Add +5.6% |
| INTU Intuit Inc. | 0.72% | 25,163 | $19.8M | Reduce -0.8% |
| ADSK Autodesk Inc. | 0.67% | 59,419 | $18.4M | Reduce -0.1% |
| ADBE Adobe Inc. | 0.66% | 46,954 | $18.2M | Add +26.0% |
| CSCO Cisco Systems Inc. | 0.66% | 262,083 | $18.2M | Add +1.2% |
| ISRG Intuitive Surgical Inc. | 0.65% | 33,124 | $18.0M | Add +92.6% |
| HON Honeywell International Inc. | 0.64% | 76,038 | $17.7M | Add +0.9% |
| VWO Vanguard Ftse Emerging Marke | 0.62% | 345,719 | $17.1M | Reduce -2.1% |
| CMG Chipotle Mexican Grill Inc. | 0.58% | 283,726 | $15.9M | Add +137.2% |
| JNJ Johnson & Johnson | 0.57% | 102,393 | $15.6M | Add +0.5% |
| EFA iShares MSCI Eafe ETF | 0.56% | 172,345 | $15.4M | Reduce -4.6% |
| IDXX Idexx Laboratories Inc. | 0.53% | 27,311 | $14.6M | Add +0.5% |
| NOC Northrop Grumman Corp. | 0.52% | 28,725 | $14.4M | Add +0.3% |
| NFLX Netflix Inc. | 0.51% | 10,470 | $14.0M | Reduce -14.0% |
| RTX RTX Corp. | 0.50% | 94,968 | $13.9M | Reduce -7.2% |
| ABT Abbott Laboratories | 0.49% | 98,513 | $13.4M | Reduce -1.8% |
| ETN Eaton Corp. PLC | 0.48% | 36,674 | $13.1M | Add +2.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.47% | 29,298 | $13.0M | Add +0.0% |
| WM Waste Management Inc. | 0.46% | 55,557 | $12.7M | Reduce -0.6% |
| MS Morgan Stanley | 0.45% | 88,410 | $12.5M | Add +2.5% |
| ABBV Abbvie Inc. | 0.45% | 66,624 | $12.4M | Add +12.2% |
| ULTA Ulta Beauty Inc. | 0.45% | 26,249 | $12.3M | Reduce -1.5% |
| AIT Applied Industrial Tech Inc. | 0.44% | 51,823 | $12.0M | Add +74.1% |
| PG The Procter & Gamble Co. | 0.44% | 75,464 | $12.0M | Add +22.3% |
| WDAY Workday Inc. Class A | 0.42% | 47,995 | $11.5M | Reduce -2.0% |
| JEPI JPMorgan Equity Premium Inco | 0.41% | 199,895 | $11.4M | Reduce -0.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.40% | 39,701 | $11.1M | Add +0.1% |
| PNC PNC Financial Services Group | 0.40% | 59,050 | $11.0M | Add +3.5% |
| MAR Marriott International Class A | 0.40% | 39,982 | $10.9M | Reduce -33.7% |
| SYK Stryker Corp. | 0.39% | 27,147 | $10.7M | Add +2.3% |
| PWR Quanta Services Inc. | 0.37% | 27,115 | $10.3M | Add +1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.37% | 16,561 | $10.2M | Add +10.0% |
| WMT Walmart Inc. | 0.37% | 104,068 | $10.2M | Reduce -32.8% |
| J Jacobs Solutions Inc. | 0.37% | 77,379 | $10.2M | Reduce -0.6% |
| CVX Chevron Corp. | 0.37% | 71,019 | $10.2M | Reduce -5.8% |
| RBIL US Treasury Ultra Short Tips | 0.36% | 197,898 | $9.9M | New |
| ORLY O'reilly Automotive Inc. | 0.36% | 109,678 | $9.9M | Reduce -3.8% |
| FANG Diamondback Energy Inc. | 0.35% | 70,206 | $9.6M | Add +309.9% |
| HIG Hartford Insurance Group Inc. | 0.35% | 75,239 | $9.5M | Reduce -13.2% |
| ETR Entergy Corp. | 0.34% | 114,161 | $9.5M | Add +273.1% |
| TSLA Tesla Inc. | 0.34% | 29,821 | $9.5M | Reduce -1.8% |
| KO The Coca-Cola Co. | 0.34% | 130,650 | $9.2M | Reduce -75.0% |
| MET Metlife Inc. | 0.33% | 113,001 | $9.1M | Add +3.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.32% | 132,907 | $8.9M | Add +7.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.32% | 128,462 | $8.9M | Reduce -0.4% |
| MDT Medtronic PLC | 0.32% | 101,502 | $8.8M | Reduce -4.6% |
| IJR iShares Core S&P Small-Cap E | 0.31% | 79,080 | $8.6M | Add +7.9% |
| CAT Caterpillar Inc. | 0.31% | 21,893 | $8.5M | Reduce -41.6% |
| PPL PPL Corp. | 0.30% | 244,964 | $8.3M | Add +1.5% |
| ORCL Oracle Corp. | 0.29% | 36,957 | $8.1M | Reduce -0.2% |
| PLTR Palantir Technologies Inc. Class A | 0.28% | 57,550 | $7.8M | Reduce -8.5% |
| URI United Rentals Inc. | 0.28% | 10,375 | $7.8M | Add +9.8% |
| BX Blackstone Inc. | 0.28% | 52,241 | $7.8M | Reduce -0.2% |
| TSN Tyson Foods Inc. Class A | 0.28% | 136,785 | $7.7M | Add +2.8% |
| JCI Johnson Controls Internation | 0.27% | 71,102 | $7.5M | Reduce -0.3% |
| C Citigroup Inc. | 0.26% | 85,596 | $7.3M | Add +1.7% |
| TMDX Transmedics Group Inc. | 0.26% | 53,328 | $7.1M | Add +2.8% |
| AXP American Express Co. | 0.26% | 22,105 | $7.1M | Add +1.5% |
| SITM Sitime Corp. | 0.25% | 32,946 | $7.0M | Add +1.6% |
| ROST Ross Stores Inc. | 0.25% | 54,443 | $6.9M | Add +15.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 55,797 | $6.9M | Add +1.2% |
| FSS Federal Signal Corp. | 0.25% | 64,629 | $6.9M | Add +0.3% |
| ENSG The Ensign Group Inc. | 0.25% | 44,021 | $6.8M | Add +1.9% |
| SPOT Spotify Technology SA | 0.25% | 8,841 | $6.8M | Add +1.5% |
| MMSI Merit Medical Systems Inc. | 0.25% | 72,470 | $6.8M | Add +0.6% |
| PLMR Palomar Holdings Inc. | 0.24% | 42,453 | $6.5M | Reduce -17.5% |
| MLI Mueller Industries Inc. | 0.24% | 82,027 | $6.5M | Add +0.3% |
| ESE Esco Technologies Inc. | 0.23% | 33,531 | $6.4M | Add +12.2% |
| ITGR Integer Holdings Corp. | 0.23% | 50,607 | $6.2M | Add +15.0% |
| VMBS Vanguard Mortgage-Backed Sec | 0.22% | 133,567 | $6.2M | New |
| NPO Enpro Inc. | 0.22% | 32,300 | $6.2M | Add +3.3% |
| DT Dynatrace Inc. | 0.22% | 108,531 | $6.0M | Add +1.5% |
| VCTR Victory Capital Holding - A | 0.22% | 93,862 | $6.0M | Reduce -11.8% |
| LGND Ligand Pharmaceuticals | 0.22% | 52,507 | $6.0M | Add +0.5% |
| EGP Eastgroup Properties Inc. | 0.22% | 35,479 | $5.9M | Add +1.6% |
| MPC Marathon Petroleum Corp. | 0.21% | 35,452 | $5.9M | Add +45.8% |
| BDC Belden Inc. | 0.21% | 50,478 | $5.8M | Add +0.4% |
| OLLI Ollie's Bargain Outlet Holdi | 0.21% | 44,323 | $5.8M | Reduce -23.2% |
| MTSI Macom Technology Solutions H | 0.21% | 40,241 | $5.8M | Reduce -4.6% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $518K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 417 | $487K | Reduce -1.9% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 29,000 | $31K | No change |
Total filed on the 13F, all lines: $2.8B.
Portfolio Sells Q1 2025 → Q2 2025
| KO The Coca-Cola Co. | Reduce -75.0% | 0.34% | −1.16 |
| UNH Unitedhealth Group Inc. | Reduce -69.3% | 0.10% | −0.51 |
| XOM Exxon Mobil Corp. | Reduce -61.7% | 0.20% | −0.43 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.36 |
| NEE Nextera Energy Inc. | Reduce -65.7% | 0.11% | −0.24 |
| VOO Vanguard S&P 500 ETF | Reduce -50.8% | 0.19% | −0.20 |
| MA Mastercard Inc. Class A | Reduce -3.2% | 1.84% | −0.19 |
| CAT Caterpillar Inc. | Reduce -41.6% | 0.31% | −0.18 |
| PEP Pepsico Inc. | Reduce -71.1% | 0.05% | −0.18 |
| ZHOG F/M Opportunistic Inc. | Reduce -6.3% | 1.04% | −0.18 |
| MAR Marriott International Class A | Reduce -33.7% | 0.40% | −0.18 |
| WMT Walmart Inc. | Reduce -32.8% | 0.37% | −0.17 |
| MLM Martin Marietta Materials | Reduce -91.7% | 0.02% | −0.16 |
| HD Home Depot Inc. | Reduce -3.8% | 1.12% | −0.16 |
| CVX Chevron Corp. | Reduce -5.8% | 0.37% | −0.13 |
| DLR Digital Realty Trust Inc. | Reduce -82.2% | 0.03% | −0.13 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.12 |
| FELE Franklin Electric Co. Inc. | Sold out | 0.00% | −0.12 |
| COST Costco Wholesale Corp. | Reduce -8.1% | 0.81% | −0.11 |
| IFF Intl Flavors & Fragrances | Reduce -91.3% | 0.01% | −0.11 |
| OII Oceaneering Intl Inc. | Sold out | 0.00% | −0.10 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.10 |
| GIII G-III Apparel Group Ltd. | Sold out | 0.00% | −0.09 |
| EMN Eastman Chemical Co. | Reduce -88.3% | 0.01% | −0.09 |
| DINO HF Sinclair Corp. | Reduce -91.7% | 0.01% | −0.08 |
| HIG Hartford Insurance Group Inc. | Reduce -13.2% | 0.35% | −0.08 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -83.2% | 0.02% | −0.07 |
| ORLY O'reilly Automotive Inc. | Reduce -3.8% | 0.36% | −0.07 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.07 |
| WEC WEC Energy Group Inc. | Reduce -82.5% | 0.01% | −0.07 |
| HRB H&R Block Inc. | Sold out | 0.00% | −0.07 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -19.1% | 0.14% | −0.06 |
| MDT Medtronic PLC | Reduce -4.6% | 0.32% | −0.06 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.06 |
| SAIA Saia Inc. | Reduce -1.3% | 0.14% | −0.06 |
| CIEN Ciena Corp. | Sold out | 0.00% | −0.06 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -23.2% | 0.21% | −0.06 |
| WM Waste Management Inc. | Reduce -0.6% | 0.46% | −0.05 |
| UNP Union Pacific Corp. | Reduce -13.3% | 0.18% | −0.05 |
| KAI Kadant Inc. | Reduce -18.4% | 0.12% | −0.05 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.8% | 0.41% | −0.05 |
| SRPT Sarepta Therapeutics Inc. | Sold out | 0.00% | −0.05 |
| BLK BlackRock Inc. | Reduce -21.9% | 0.17% | −0.04 |
| AMD Advanced Micro Devices | Reduce -45.3% | 0.10% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -16.7% | 0.16% | −0.04 |
| IAU iShares Gold Trust | Reduce -21.8% | 0.13% | −0.04 |
| ABT Abbott Laboratories | Reduce -1.8% | 0.49% | −0.04 |
| PLMR Palomar Holdings Inc. | Reduce -17.5% | 0.24% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| AVGO Broadcom Inc. | Add +5.2% | 3.12% | +1.14 |
| META Meta Platforms Inc. Class A | Add +2.2% | 2.38% | +0.38 |
| RBIL US Treasury Ultra Short Tips | New | 0.36% | +0.36 |
| CMG Chipotle Mexican Grill Inc. | Add +137.2% | 0.58% | +0.34 |
| ISRG Intuitive Surgical Inc. | Add +92.6% | 0.65% | +0.31 |
| TBIL F/M US Treasury 3 Month Bill | Add +30.8% | 1.85% | +0.30 |
| FANG Diamondback Energy Inc. | Add +309.9% | 0.35% | +0.24 |
| ETR Entergy Corp. | Add +273.1% | 0.34% | +0.24 |
| VMBS Vanguard Mortgage-Backed Sec | New | 0.22% | +0.22 |
| AIT Applied Industrial Tech Inc. | Add +74.1% | 0.44% | +0.17 |
| XBIL F/M US Treasury 6 Month Bill | New | 0.15% | +0.15 |
| HCA HCA Healthcare Inc. | New | 0.15% | +0.15 |
| VMC Vulcan Materials Co. | New | 0.15% | +0.15 |
| DKS Dick's Sporting Goods Inc. | Add +310.4% | 0.19% | +0.14 |
| MBB iShares MBS ETF | Add +1089.4% | 0.14% | +0.13 |
| APP AppLovin Corp. Class A | New | 0.13% | +0.13 |
| AXSM Axsome Therapeutics Inc. | New | 0.12% | +0.12 |
| TMDX Transmedics Group Inc. | Add +2.8% | 0.26% | +0.12 |
| UTWO F/M US Treasury 2 Year Note | Add +1473.8% | 0.13% | +0.12 |
| PANW Palo Alto Networks Inc. | Add +0.1% | 1.27% | +0.11 |
| HMN Horace Mann Educators | New | 0.10% | +0.10 |
| MAA Mid-America Apartment Comm | New | 0.10% | +0.10 |
| PWR Quanta Services Inc. | Add +1.4% | 0.37% | +0.10 |
| SHW The Sherwin-Williams Co. | New | 0.10% | +0.10 |
| IDCC Interdigital Inc. | New | 0.10% | +0.10 |
| CBOE Cboe Global Markets Inc. | New | 0.09% | +0.09 |
| IBM Intl Business Machines Corp. | Add +5.6% | 0.75% | +0.09 |
| ADBE Adobe Inc. | Add +26.0% | 0.66% | +0.09 |
| CRDO Credo Technology Group Holdi | Add +22.4% | 0.15% | +0.09 |
| ETN Eaton Corp. PLC | Add +2.7% | 0.48% | +0.09 |
| IDXX Idexx Laboratories Inc. | Add +0.5% | 0.53% | +0.08 |
| ADT Adt Inc. | New | 0.07% | +0.07 |
| MPC Marathon Petroleum Corp. | Add +45.8% | 0.21% | +0.07 |
| LIN Linde PLC | New | 0.07% | +0.07 |
| UFIV F/M US Treasury 5 Year Note | Add +509.5% | 0.08% | +0.07 |
| IESC Ies Holdings Inc. | Add +0.3% | 0.17% | +0.07 |
| FSS Federal Signal Corp. | Add +0.3% | 0.25% | +0.06 |
| CORT Corcept Therapeutics Inc. | New | 0.06% | +0.06 |
| TMUS T-Mobile US Inc. | New | 0.06% | +0.06 |
| SITM Sitime Corp. | Add +1.6% | 0.25% | +0.06 |
| SPOT Spotify Technology SA | Add +1.5% | 0.25% | +0.06 |
| CME Cme Group Inc. | New | 0.06% | +0.06 |
| MIRM Mirum Pharmaceuticals Inc. | New | 0.05% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +426.3% | 0.06% | +0.05 |
| KALV Kalvista Pharmaceuticals Inc. | Add +263.8% | 0.07% | +0.05 |
| MS Morgan Stanley | Add +2.5% | 0.45% | +0.05 |
| MOD Modine Manufacturing Co. | Add +12.7% | 0.21% | +0.05 |
| URI United Rentals Inc. | Add +9.8% | 0.28% | +0.05 |
| ESE Esco Technologies Inc. | Add +12.2% | 0.23% | +0.04 |
| ENVA Enova International Inc. | Add +21.8% | 0.20% | +0.04 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -1.9% | 417 | $487K |
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 |