F/m Investments LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), F/m Investments LLC reported 427 stock positions worth $2.6 billion. Its top holding was Apple (AAPL) at 4.5% of the portfolio, followed by Alphabet Class A (GOOGL, 4.3%) and Nvidia (NVDA, 4.2%). Compared with Q3 2025, it opened 50 new positions, sold out of 33, added to 106 and reduced 221. The biggest buy was Regeneron Pharmaceuticals (REGN, shares +249%) and the biggest sale Nvidia (NVDA, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- WASHINGTON, DC
- CIK
- 0001834499
- Portfolio Value
- $2.6B (Q4 2025)
- SEC Filing
- 0001834499-26-000001 ↗ filed Feb 3, 2026
Holdings Value
Holdings 427 stocks · $2.6B
| AAPL Apple Inc. | 4.47% | 432,578 | $117.6M | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 4.35% | 365,392 | $114.4M | Reduce -8.8% |
| NVDA Nvidia Corp. | 4.23% | 596,889 | $111.3M | Reduce -7.9% |
| MSFT Microsoft Corp. | 4.03% | 219,416 | $106.1M | Reduce -1.4% |
| AVGO Broadcom Inc. | 3.53% | 268,505 | $92.9M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 2.95% | 336,586 | $77.7M | Add +1.2% |
| META Meta Platforms Inc. Class A | 2.15% | 85,652 | $56.5M | Reduce -1.3% |
| MA Mastercard Inc. Class A | 1.79% | 82,647 | $47.2M | Reduce -6.7% |
| LLY Eli Lilly & Co. | 1.53% | 37,498 | $40.3M | Reduce -2.3% |
| TBIL F/M US Treasury 3 Month Bill | 1.52% | 802,428 | $40.0M | Add +3.2% |
| V Visa Inc. Class A | 1.50% | 112,577 | $39.5M | Reduce -3.1% |
| JPM JPMorgan Chase & Co. | 1.27% | 103,988 | $33.5M | Reduce -5.5% |
| PANW Palo Alto Networks Inc. | 1.23% | 175,043 | $32.2M | Reduce -2.5% |
| ZHOG F/M Opportunistic Inc. | 1.23% | 620,294 | $32.2M | Add +27.4% |
| HD Home Depot Inc. | 1.11% | 84,811 | $29.2M | Add +2.3% |
| ZTRE F/M 3-Year Inv GR Corp. B ETF | 1.07% | 549,310 | $28.1M | Add +2.4% |
| NOW ServiceNow Inc. | 0.86% | 147,712 | $22.6M | Reduce -3.1% |
| ISRG Intuitive Surgical Inc. | 0.84% | 38,850 | $22.0M | Add +18.5% |
| VEA Vanguard Ftse Developed ETF | 0.83% | 349,683 | $21.8M | Reduce -2.8% |
| CSCO Cisco Systems Inc. | 0.75% | 255,815 | $19.7M | Reduce -5.1% |
| ZTOP F/M High Yield 100 ETF | 0.74% | 371,314 | $19.4M | Add +10.5% |
| ZTEN F/M 10-Year Inv G Corp. B ETF | 0.72% | 369,853 | $19.0M | Reduce -3.2% |
| COST Costco Wholesale Corp. | 0.72% | 21,815 | $18.8M | Reduce -2.9% |
| INTU Intuit Inc. | 0.71% | 28,309 | $18.8M | Reduce -2.1% |
| IDXX Idexx Laboratories Inc. | 0.68% | 26,546 | $18.0M | Reduce -2.5% |
| VWO Vanguard Ftse Emerging Marke | 0.68% | 330,686 | $17.8M | Reduce -3.2% |
| REGN Regeneron Pharmaceuticals | 0.67% | 22,813 | $17.6M | Add +248.7% |
| AGG iShares Core U.S. Aggregate | 0.66% | 173,400 | $17.3M | Add +300.9% |
| ETN Eaton Corp. PLC | 0.66% | 54,209 | $17.3M | Add +69.9% |
| ADSK Autodesk Inc. | 0.65% | 57,701 | $17.1M | Reduce -2.0% |
| RTX RTX Corp. | 0.62% | 89,472 | $16.4M | Reduce -2.9% |
| EFA iShares MSCI Eafe ETF | 0.61% | 168,222 | $16.2M | Reduce -2.5% |
| NOC Northrop Grumman Corp. | 0.60% | 27,693 | $15.8M | Reduce -3.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.60% | 52,981 | $15.7M | Reduce -4.2% |
| ULTA Ulta Beauty Inc. | 0.59% | 25,493 | $15.4M | Reduce -2.2% |
| MS Morgan Stanley | 0.57% | 84,196 | $14.9M | Reduce -3.2% |
| HON Honeywell International Inc. | 0.56% | 75,878 | $14.8M | Add +1.3% |
| JNJ Johnson & Johnson | 0.56% | 70,755 | $14.6M | Reduce -28.6% |
| ABBV Abbvie Inc. | 0.55% | 63,662 | $14.5M | Reduce -3.2% |
| WM Waste Management Inc. | 0.54% | 64,533 | $14.2M | Add +21.0% |
| TSLA Tesla Inc. | 0.49% | 28,776 | $12.9M | Reduce -2.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.47% | 42,974 | $12.5M | Add +0.4% |
| ABT Abbott Laboratories | 0.46% | 95,710 | $12.0M | Reduce -2.1% |
| ORCL Oracle Corp. | 0.45% | 60,843 | $11.9M | Add +14.1% |
| MAR Marriott International Class A | 0.45% | 37,982 | $11.8M | Reduce -2.3% |
| CAT Caterpillar Inc. | 0.44% | 20,167 | $11.6M | Reduce -7.2% |
| ZTWO F/M 2-Year Inv G Corp. B ETF | 0.43% | 224,349 | $11.4M | Reduce -6.5% |
| AIT Applied Industrial Tech Inc. | 0.42% | 42,724 | $11.0M | Reduce -10.8% |
| WMT Walmart Inc. | 0.41% | 97,160 | $10.8M | Reduce -2.9% |
| LRCX Lam Research Corp. | 0.41% | 62,484 | $10.7M | Add +8.9% |
| CVX Chevron Corp. | 0.40% | 68,964 | $10.5M | Reduce -1.3% |
| BX Blackstone Inc. | 0.40% | 68,083 | $10.5M | Reduce -10.8% |
| JEPI JPMorgan Equity Premium Inco | 0.40% | 183,170 | $10.5M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.39% | 71,828 | $10.3M | Reduce -7.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 15,004 | $10.2M | Add +0.9% |
| J Jacobs Solutions Inc. | 0.38% | 75,566 | $10.0M | Reduce -2.5% |
| WTFC Wintrust Financial Corp. | 0.38% | 70,857 | $9.9M | Add +61.6% |
| HIG Hartford Insurance Group Inc. | 0.38% | 71,673 | $9.9M | Reduce -3.2% |
| ORLY O'reilly Automotive Inc. | 0.37% | 107,409 | $9.8M | Reduce -2.0% |
| UNH Unitedhealth Group Inc. | 0.37% | 29,424 | $9.7M | Add +150.1% |
| PNC PNC Financial Services Group | 0.37% | 46,362 | $9.7M | Reduce -20.2% |
| RBIL US Treasury Ultra Short Tips | 0.36% | 192,419 | $9.6M | Add +25.2% |
| VZ Verizon Communications Inc. | 0.36% | 233,269 | $9.5M | Add +29.4% |
| NFLX Netflix Inc. | 0.36% | 101,050 | $9.5M | Reduce -1.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.36% | 127,211 | $9.4M | Add +2.9% |
| MDT Medtronic PLC | 0.35% | 96,361 | $9.3M | Reduce -3.5% |
| SITM Sitime Corp. | 0.35% | 25,968 | $9.2M | Reduce -20.2% |
| MLI Mueller Industries Inc. | 0.34% | 78,601 | $9.0M | Reduce -3.4% |
| KO The Coca-Cola Co. | 0.33% | 126,022 | $8.8M | Reduce -1.0% |
| LGND Ligand Pharmaceuticals | 0.33% | 46,130 | $8.7M | Reduce -10.4% |
| IJR iShares Core S&P Small-Cap E | 0.33% | 72,029 | $8.7M | Reduce -0.2% |
| ADBE Adobe Inc. | 0.32% | 24,184 | $8.5M | Reduce -33.7% |
| ETR Entergy Corp. | 0.32% | 91,543 | $8.5M | Reduce -18.8% |
| COGT Cogent Biosciences Inc. | 0.32% | 235,804 | $8.4M | Add +7.1% |
| PPL PPL Corp. | 0.31% | 234,910 | $8.2M | Reduce -2.6% |
| XYL Xylem Inc. | 0.31% | 59,814 | $8.1M | New |
| JCI Johnson Controls Internation | 0.31% | 67,502 | $8.1M | Reduce -4.3% |
| TMDX Transmedics Group Inc. | 0.30% | 65,539 | $8.0M | Add +15.2% |
| EGP Eastgroup Properties Inc. | 0.30% | 44,189 | $7.9M | Reduce -2.7% |
| URI United Rentals Inc. | 0.30% | 9,611 | $7.8M | Reduce -1.6% |
| AXP American Express Co. | 0.30% | 20,998 | $7.8M | Reduce -3.7% |
| MOD Modine Manufacturing Co. | 0.30% | 58,176 | $7.8M | Add +1.1% |
| PWR Quanta Services Inc. | 0.29% | 18,229 | $7.7M | Reduce -19.2% |
| ENVA Enova International Inc. | 0.29% | 48,739 | $7.7M | Reduce -2.5% |
| FANG Diamondback Energy Inc. | 0.29% | 50,790 | $7.6M | Reduce -3.7% |
| AMD Advanced Micro Devices | 0.29% | 35,504 | $7.6M | Add +96.2% |
| TSN Tyson Foods Inc. Class A | 0.29% | 129,017 | $7.6M | Reduce -3.4% |
| AXSM Axsome Therapeutics Inc. | 0.29% | 41,132 | $7.5M | Add +4.1% |
| ENSG The Ensign Group Inc. | 0.28% | 42,568 | $7.4M | Reduce -2.5% |
| PFE Pfizer Inc. | 0.28% | 296,956 | $7.4M | Add +163.9% |
| XBIL F/M US Treasury 6 Month Bill | 0.28% | 146,740 | $7.3M | Reduce -1.0% |
| ROST Ross Stores Inc. | 0.27% | 39,154 | $7.1M | Reduce -2.6% |
| LIVN Livanova PLC | 0.27% | 114,458 | $7.0M | Add +46.9% |
| C Citigroup Inc. | 0.27% | 59,961 | $7.0M | Reduce -28.6% |
| NPO Enpro Inc. | 0.26% | 31,670 | $6.8M | Reduce -1.1% |
| STRL Sterling Infrastructure Inc. | 0.26% | 22,122 | $6.8M | Reduce -2.3% |
| WVE Wave Life Sciences Ltd. | 0.26% | 395,894 | $6.7M | Add +24.5% |
| PLMR Palomar Holdings Inc. | 0.25% | 49,665 | $6.7M | Add +17.9% |
| CRDO Credo Technology Group Holdi | 0.25% | 46,386 | $6.7M | Add +7.8% |
| ESE Esco Technologies Inc. | 0.25% | 34,089 | $6.7M | Reduce -1.5% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $703K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 380 | $458K | Reduce -5.2% |
| PENNYMAC CORP (PMT 8.5 06/01/29) | NOTE 8.500% 6/0 · principal | 200,000 | $213K | Reduce -40.3% |
| 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: $2.6B.
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -7.9% | 4.23% | −0.43 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.42 |
| MSFT Microsoft Corp. | Reduce -1.4% | 4.03% | −0.41 |
| META Meta Platforms Inc. Class A | Reduce -1.3% | 2.15% | −0.31 |
| PLTR Palantir Technologies Inc. Class A | Reduce -73.4% | 0.10% | −0.30 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.27 |
| SYK Stryker Corp. | Reduce -66.5% | 0.12% | −0.26 |
| NOW ServiceNow Inc. | Reduce -3.1% | 0.86% | −0.22 |
| PANW Palo Alto Networks Inc. | Reduce -2.5% | 1.23% | −0.18 |
| DT Dynatrace Inc. | Reduce -91.4% | 0.01% | −0.18 |
| FBND Fidelity Total Bond ETF | Sold out | 0.00% | −0.18 |
| ADBE Adobe Inc. | Reduce -33.7% | 0.32% | −0.17 |
| ADP Automatic Data Processing | Reduce -81.3% | 0.03% | −0.17 |
| HCA HCA Healthcare Inc. | Reduce -50.6% | 0.18% | −0.16 |
| JNJ Johnson & Johnson | Reduce -28.6% | 0.56% | −0.15 |
| MA Mastercard Inc. Class A | Reduce -6.7% | 1.79% | −0.15 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.12 |
| NFLX Netflix Inc. | Reduce -1.9% | 0.36% | −0.12 |
| AVNT Avient Corp. | Reduce -90.0% | 0.01% | −0.11 |
| IPAR Interparfums Inc. | Sold out | 0.00% | −0.11 |
| BFC Bank First Corp. | Reduce -72.6% | 0.04% | −0.11 |
| BX Blackstone Inc. | Reduce -10.8% | 0.40% | −0.10 |
| MAA Mid-America Apartment Comm | Sold out | 0.00% | −0.10 |
| VBTX Veritex Holdings Inc. | Sold out | 0.00% | −0.10 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.10 |
| CASH Pathward Financial Inc. | Reduce -51.8% | 0.08% | −0.10 |
| HAE Haemonetics Corp. | Sold out | 0.00% | −0.10 |
| SLNO Soleno Therapeutics Inc. | Reduce -46.4% | 0.05% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -2.9% | 0.72% | −0.09 |
| ORLY O'reilly Automotive Inc. | Reduce -2.0% | 0.37% | −0.08 |
| ETR Entergy Corp. | Reduce -18.8% | 0.32% | −0.08 |
| PNC PNC Financial Services Group | Reduce -20.2% | 0.37% | −0.08 |
| UFPI Ufp Industries Inc. | Sold out | 0.00% | −0.08 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.08 |
| SAIA Saia Inc. | Reduce -52.6% | 0.08% | −0.08 |
| OSPN Onespan Inc. | Sold out | 0.00% | −0.08 |
| BSJU Invesco Bulletshares 2030 HY | Sold out | 0.00% | −0.08 |
| ADSK Autodesk Inc. | Reduce -2.0% | 0.65% | −0.07 |
| NOC Northrop Grumman Corp. | Reduce -3.0% | 0.60% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -7.8% | 0.39% | −0.07 |
| PWR Quanta Services Inc. | Reduce -19.2% | 0.29% | −0.07 |
| J Jacobs Solutions Inc. | Reduce -2.5% | 0.38% | −0.07 |
| RDNT Radnet Inc. | Reduce -57.8% | 0.04% | −0.07 |
| AIT Applied Industrial Tech Inc. | Reduce -10.8% | 0.42% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -5.5% | 1.27% | −0.06 |
| URI United Rentals Inc. | Reduce -1.6% | 0.30% | −0.06 |
| C Citigroup Inc. | Reduce -28.6% | 0.27% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -16.0% | 0.22% | −0.06 |
| SPSC SPS Commerce Inc. | Sold out | 0.00% | −0.06 |
| FCX Freeport-McMoran Inc. | Reduce -55.2% | 0.07% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| REGN Regeneron Pharmaceuticals | Add +248.7% | 0.67% | +0.53 |
| AGG iShares Core U.S. Aggregate | Add +300.9% | 0.66% | +0.49 |
| XYL Xylem Inc. | New | 0.31% | +0.31 |
| ISRG Intuitive Surgical Inc. | Add +18.5% | 0.84% | +0.27 |
| AAPL Apple Inc. | Add +0.6% | 4.47% | +0.25 |
| ZHOG F/M Opportunistic Inc. | Add +27.4% | 1.23% | +0.24 |
| UNH Unitedhealth Group Inc. | Add +150.1% | 0.37% | +0.21 |
| COGT Cogent Biosciences Inc. | Add +7.1% | 0.32% | +0.20 |
| ETN Eaton Corp. PLC | Add +69.9% | 0.66% | +0.20 |
| ACAD Acadia Pharmaceuticals Inc. | Add +342.9% | 0.23% | +0.19 |
| ES Eversource Energy | New | 0.18% | +0.18 |
| ZMUN F/M Ulsh TX-FR Mncpl ETF-Usd | New | 0.18% | +0.18 |
| AMD Advanced Micro Devices | Add +96.2% | 0.29% | +0.18 |
| PFE Pfizer Inc. | Add +163.9% | 0.28% | +0.17 |
| WVE Wave Life Sciences Ltd. | Add +24.5% | 0.26% | +0.17 |
| WTFC Wintrust Financial Corp. | Add +61.6% | 0.38% | +0.15 |
| DAVE Dave Inc. | New | 0.15% | +0.15 |
| VRT Vertiv Holdings Co. Class A | Add +1536.1% | 0.15% | +0.14 |
| AMZN Amazon.com Inc. | Add +1.2% | 2.95% | +0.14 |
| TARS Tarsus Pharmaceuticals Inc. | New | 0.12% | +0.12 |
| APP AppLovin Corp. Class A | New | 0.12% | +0.12 |
| TRVI Trevi Therapeutics Inc. | New | 0.11% | +0.11 |
| GH Guardant Health Inc. | Add +24.1% | 0.23% | +0.11 |
| LIVN Livanova PLC | Add +46.9% | 0.27% | +0.11 |
| LRCX Lam Research Corp. | Add +8.9% | 0.41% | +0.11 |
| ATRC Atricure Inc. | New | 0.11% | +0.11 |
| AXSM Axsome Therapeutics Inc. | Add +4.1% | 0.29% | +0.10 |
| BSX Boston Scientific Corp. | Add +153.7% | 0.17% | +0.10 |
| SVRA Savara Inc. | Add +56.5% | 0.16% | +0.10 |
| SYRE Spyre Therapeutics Inc. | Add +89.0% | 0.13% | +0.09 |
| RMBS Rambus Inc. | New | 0.09% | +0.09 |
| ICUI Icu Medical Inc. | Add +33.3% | 0.25% | +0.09 |
| UTWO F/M US Treasury 2 Year Note | Add +868.2% | 0.10% | +0.09 |
| SHEL Shell PLC-ADR | New | 0.09% | +0.09 |
| WM Waste Management Inc. | Add +21.0% | 0.54% | +0.08 |
| MIRM Mirum Pharmaceuticals Inc. | Add +78.1% | 0.16% | +0.08 |
| AVAV Aerovironment Inc. | New | 0.07% | +0.07 |
| RBIL US Treasury Ultra Short Tips | Add +25.2% | 0.36% | +0.07 |
| PLMR Palomar Holdings Inc. | Add +17.9% | 0.25% | +0.06 |
| IVZ Invesco Ltd. | New | 0.06% | +0.06 |
| AAOI Applied Optoelectronics Inc. | Add +46.6% | 0.12% | +0.06 |
| ZTOP F/M High Yield 100 ETF | Add +10.5% | 0.74% | +0.06 |
| TMDX Transmedics Group Inc. | Add +15.2% | 0.30% | +0.06 |
| VZ Verizon Communications Inc. | Add +29.4% | 0.36% | +0.06 |
| CRM Salesforce Inc. | Add +22.1% | 0.22% | +0.06 |
| UTHR United Therapeutics Corp. | Add +38.8% | 0.14% | +0.05 |
| KALV Kalvista Pharmaceuticals Inc. | Add +18.8% | 0.15% | +0.05 |
| BBIO Bridgebio Pharma Inc. | Add +3.8% | 0.15% | +0.05 |
| COIN Coinbase Global Inc. Class A | New | 0.05% | +0.05 |
| ACLS Axcelis Technologies Inc. | Add +91.3% | 0.12% | +0.04 |
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -5.2% | 380 | $458K |
| PENNYMAC CORP (PMT 8.5 06/01/29) | NOTE 8.500% 6/0 · principal | Reduce -40.3% | 200,000 | $213K |
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 |