Fortem Financial Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), Fortem Financial Group, LLC reported 185 stock positions worth $257.0 million. Its top holding was Alerian MLP ETF (AMLP) at 4.9% of the portfolio, followed by Nvidia (NVDA, 3.5%) and Global X Uranium ETF (URA, 3.2%). Compared with Q4 2024, it opened 17 new positions, sold out of 8, added to 74 and reduced 82. The biggest buy was a new position in SS Blackstone Sr Loan ETF (SRLN) and the biggest sale iShares 1-3 Year Treasury Bo (SHY, shares −31%).
- Most Recent 13F
- Q2 2026
- Location
- PALM DESERT, CA
- CIK
- 0001766509
- Portfolio Value
- $257.0M (Q1 2025)
- SEC Filing
- 0001104659-25-043116 ↗ filed May 1, 2025
Holdings Value
Holdings 185 stocks · $257.0M
| AMLP Alerian MLP ETF | 4.88% | 241,336 | $12.5M | Add +2.7% |
| NVDA Nvidia Corp. | 3.49% | 82,747 | $9.0M | Add +2.4% |
| URA Global X Uranium ETF | 3.17% | 356,016 | $8.2M | Add +0.6% |
| PLTR Palantir Technologies Inc. Class A | 2.80% | 85,339 | $7.2M | Add +13.1% |
| TSLA Tesla Inc. | 2.45% | 24,301 | $6.3M | Add +2.2% |
| AAPL Apple Inc. | 2.36% | 27,281 | $6.1M | Reduce -2.0% |
| AVGO Broadcom Inc. | 2.26% | 34,715 | $5.8M | Add +7.5% |
| XME SS SPDR S&P Metals Mining | 2.15% | 98,751 | $5.5M | Add +7.7% |
| QQQ Invesco QQQ Trust Series 1 | 2.10% | 11,495 | $5.4M | Add +2.4% |
| MSFT Microsoft Corp. | 1.99% | 13,652 | $5.1M | Add +15.1% |
| SHY iShares 1-3 Year Treasury Bo | 1.98% | 61,369 | $5.1M | Reduce -31.1% |
| SRLN SS Blackstone Sr Loan ETF | 1.86% | 116,316 | $4.8M | New |
| AMZN Amazon.com Inc. | 1.80% | 24,325 | $4.6M | Add +15.4% |
| XLB SS Materials Select Sector | 1.80% | 53,739 | $4.6M | Reduce -7.6% |
| KLAC KLA Corp. | 1.69% | 6,389 | $4.3M | Add +9.4% |
| META Meta Platforms Inc. Class A | 1.54% | 6,879 | $4.0M | Reduce -0.6% |
| ET Energy Transfer LP | 1.41% | 195,450 | $3.6M | Reduce -5.1% |
| DELL Dell Technologies -C | 1.30% | 36,573 | $3.3M | Add +3.5% |
| COWZ Pacer US Cash Cows 100 ETF | 1.25% | 58,696 | $3.2M | Reduce -12.1% |
| GOOGL Alphabet Inc. Class A | 1.23% | 20,520 | $3.2M | Add +7.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.16% | 11,627 | $3.0M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 1.15% | 12,098 | $3.0M | Reduce -0.6% |
| NLY Annaly Capital Management Inc. | 1.13% | 142,729 | $2.9M | Add +11.2% |
| VNLA Janus Henderson Short Durati | 1.10% | 57,282 | $2.8M | New |
| EMR Emerson Electric Co. | 1.07% | 25,008 | $2.7M | Add +1.3% |
| PAVE Global X US Infrastructure | 1.06% | 72,143 | $2.7M | Add +113.6% |
| EME Emcor Group Inc. | 1.06% | 7,352 | $2.7M | Add +5.4% |
| CSCO Cisco Systems Inc. | 1.05% | 43,784 | $2.7M | Reduce -18.7% |
| SAMT Strategas Macro Them Opps | 1.04% | 91,236 | $2.7M | Reduce -1.8% |
| PM Philip Morris International | 0.89% | 14,468 | $2.3M | Add +10.0% |
| COST Costco Wholesale Corp. | 0.79% | 2,145 | $2.0M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.79% | 31,041 | $2.0M | Reduce -6.8% |
| ADSK Autodesk Inc. | 0.78% | 7,627 | $2.0M | Reduce -1.4% |
| OBDC Blue Owl Capital Corp. | 0.77% | 135,688 | $2.0M | Add +41.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.77% | 11,928 | $2.0M | Add +32.8% |
| SPG Simon Property Group Inc. | 0.76% | 11,829 | $2.0M | Add +2.0% |
| OMC Omnicom Group | 0.72% | 22,289 | $1.8M | Reduce -30.2% |
| OC Owens Corning | 0.69% | 12,490 | $1.8M | Add +5.5% |
| AZO AutoZone Inc. | 0.69% | 462 | $1.8M | Add +22.6% |
| AMAT Applied Materials Inc. | 0.67% | 11,904 | $1.7M | Add +13.0% |
| LLY Eli Lilly & Co. | 0.65% | 2,020 | $1.7M | Add +0.7% |
| BX Blackstone Inc. | 0.64% | 11,848 | $1.7M | Add +7.2% |
| COR Cencora Inc. | 0.64% | 5,931 | $1.6M | Add +14.0% |
| GBTC Grayscale Bitcoin Trust ETF | 0.64% | 25,257 | $1.6M | Add +0.0% |
| ABBV Abbvie Inc. | 0.64% | 7,855 | $1.6M | Reduce -9.0% |
| PAA Plains All Amer Pipeline LP | 0.63% | 81,154 | $1.6M | Add +22.4% |
| BLD Topbuild Corp. | 0.63% | 5,300 | $1.6M | Add +1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.63% | 2,882 | $1.6M | Add +2.2% |
| NEM Newmont Corp. | 0.62% | 33,018 | $1.6M | Add +18.1% |
| HCA HCA Healthcare Inc. | 0.60% | 4,487 | $1.6M | Add +5.3% |
| MPLX MPLX LP | 0.58% | 27,877 | $1.5M | Reduce -0.8% |
| NRG NRG Energy Inc. | 0.57% | 15,216 | $1.5M | Add +6.8% |
| NFG National Fuel Gas Co. | 0.55% | 17,850 | $1.4M | Add +13.0% |
| EOG EOG Resources Inc. | 0.54% | 10,850 | $1.4M | Add +17.5% |
| CMI Cummins Inc. | 0.54% | 4,401 | $1.4M | Add +41.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 2,524 | $1.3M | Add +10.2% |
| ADI Analog Devices Inc. | 0.50% | 6,327 | $1.3M | Reduce -1.1% |
| VLO Valero Energy Corp. | 0.49% | 9,522 | $1.3M | Reduce -13.4% |
| MTG Mgic Investment Corp. | 0.49% | 50,714 | $1.3M | Reduce -23.4% |
| FISV Fiserv Inc. | 0.48% | 5,584 | $1.2M | Reduce -12.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.47% | 15,482 | $1.2M | Reduce -38.0% |
| T AT&T Inc. | 0.47% | 43,015 | $1.2M | Add +2.1% |
| CASY Casey's General Stores Inc. | 0.47% | 2,785 | $1.2M | Reduce -15.8% |
| WMT Walmart Inc. | 0.46% | 13,559 | $1.2M | Reduce -19.1% |
| TPR Tapestry Inc. | 0.45% | 16,550 | $1.2M | Add +38.7% |
| HBAN Huntington Bancshares Inc. | 0.45% | 76,989 | $1.2M | Reduce -7.5% |
| CBOE Cboe Global Markets Inc. | 0.44% | 5,025 | $1.1M | Reduce -17.9% |
| PNC PNC Financial Services Group | 0.44% | 6,427 | $1.1M | Reduce -12.3% |
| FPI Farmland Partners Inc. | 0.43% | 100,000 | $1.1M | No change |
| DOC Healthpeak Properties Inc. | 0.42% | 52,948 | $1.1M | Add +7.6% |
| GD General Dynamics Corp. | 0.41% | 3,827 | $1.0M | Reduce -12.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 24,767 | $1.0M | Add +40.0% |
| ABT Abbott Laboratories | 0.38% | 7,332 | $973K | Reduce -9.0% |
| NFLX Netflix Inc. | 0.38% | 1,036 | $966K | Add +131.8% |
| DVN Devon Energy Corp. | 0.37% | 25,477 | $953K | Add +45.0% |
| EPD Enterprise Products Partners | 0.37% | 27,793 | $949K | Reduce -4.5% |
| PNW Pinnacle West Capital | 0.37% | 9,906 | $944K | Add +73.3% |
| FNF Fidelity National Financial | 0.36% | 14,314 | $932K | Reduce -11.7% |
| XSSPX Nuveen S&P 500 Dynam Overwr | 0.36% | 54,533 | $922K | Add +43.5% |
| NTAP Netapp Inc. | 0.36% | 10,455 | $918K | Add +0.8% |
| ITT Itt Inc. | 0.35% | 7,002 | $904K | Reduce -32.9% |
| LHX L3HARRIS Technologies Inc. | 0.34% | 4,183 | $876K | Add +4.5% |
| GM General Motors Co. | 0.34% | 18,399 | $865K | Reduce -32.7% |
| CMCSA Comcast Corp. Class A | 0.33% | 23,021 | $849K | Add +12.1% |
| XOM Exxon Mobil Corp. | 0.33% | 7,069 | $841K | Reduce -20.6% |
| OXY Occidental Petroleum Corp. | 0.32% | 16,714 | $825K | Add +6.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 3,307 | $822K | Reduce -13.4% |
| IT Gartner Inc. | 0.32% | 1,951 | $819K | Reduce -31.5% |
| MA Mastercard Inc. Class A | 0.32% | 1,491 | $817K | Reduce -0.3% |
| LMT Lockheed Martin Corp. | 0.31% | 1,792 | $801K | Reduce -4.4% |
| ALB Albemarle Corp. | 0.31% | 11,099 | $799K | Reduce -11.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.30% | 2,194 | $774K | Add +30.8% |
| ARM Arm Holdings PLC-ADR | 0.30% | 7,220 | $771K | Reduce -4.4% |
| GE General Electric filed as GE AEROSPACE | 0.29% | 3,678 | $736K | Add +8.9% |
| LNG Cheniere Energy Inc. | 0.28% | 3,142 | $727K | Add +182.8% |
| CAT Caterpillar Inc. | 0.28% | 2,196 | $724K | Reduce -13.4% |
| GILD Gilead Sciences Inc. | 0.28% | 6,424 | $720K | Reduce -3.7% |
| ELV Elevance Health Inc. | 0.28% | 1,641 | $714K | Reduce -30.3% |
| LRCX Lam Research Corp. | 0.27% | 9,624 | $700K | Add +146.1% |
| GEV GE Vernova Inc. | 0.26% | 2,168 | $662K | Add +147.2% |
Portfolio Sells Q4 2024 → Q1 2025
| SHY iShares 1-3 Year Treasury Bo | Reduce -31.1% | 1.98% | −0.85 |
| OMC Omnicom Group | Reduce -30.2% | 0.72% | −0.35 |
| AAPL Apple Inc. | Reduce -2.0% | 2.36% | −0.34 |
| PYPL PayPal Holdings Inc. | Reduce -6.8% | 0.79% | −0.31 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -38.0% | 0.47% | −0.26 |
| GM General Motors Co. | Reduce -32.7% | 0.34% | −0.23 |
| ITT Itt Inc. | Reduce -32.9% | 0.35% | −0.23 |
| IT Gartner Inc. | Reduce -31.5% | 0.32% | −0.22 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -12.1% | 1.25% | −0.21 |
| HPE Hewlett Packard Enterprise | Reduce -22.9% | 0.25% | −0.20 |
| CSCO Cisco Systems Inc. | Reduce -18.7% | 1.05% | −0.18 |
| ET Energy Transfer LP | Reduce -5.1% | 1.41% | −0.15 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.14 |
| WMT Walmart Inc. | Reduce -19.1% | 0.46% | −0.12 |
| PCAR Paccar Inc. | Reduce -29.5% | 0.24% | −0.12 |
| MTG Mgic Investment Corp. | Reduce -23.4% | 0.49% | −0.12 |
| TGT Target Corp. | Sold out | 0.00% | −0.12 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.11 |
| ADSK Autodesk Inc. | Reduce -1.4% | 0.78% | −0.11 |
| PNC PNC Financial Services Group | Reduce -12.3% | 0.44% | −0.11 |
| ALB Albemarle Corp. | Reduce -11.0% | 0.31% | −0.10 |
| CHRD Chord Energy Corp. | Reduce -32.1% | 0.20% | −0.10 |
| XLB SS Materials Select Sector | Reduce -7.6% | 1.80% | −0.10 |
| CDW CDW Corp. | Reduce -23.4% | 0.24% | −0.10 |
| XPO Xpo Inc. | Sold out | 0.00% | −0.09 |
| PSX Phillips 66 | Sold out | 0.00% | −0.09 |
| ALLE Allegion PLC | Reduce -29.8% | 0.20% | −0.08 |
| RF Regions Financial Corp. | Reduce -24.7% | 0.18% | −0.08 |
| TOL Toll Brothers Inc. | Sold out | 0.00% | −0.08 |
| HBAN Huntington Bancshares Inc. | Reduce -7.5% | 0.45% | −0.08 |
| CAT Caterpillar Inc. | Reduce -13.4% | 0.28% | −0.07 |
| IDA Idacorp Inc. | Reduce -25.7% | 0.25% | −0.07 |
| BHILQ Benson Hill Inc. | Sold out | 0.00% | −0.06 |
| WY Weyerhaeuser Co. | Reduce -31.0% | 0.16% | −0.06 |
| ARM Arm Holdings PLC-ADR | Reduce -4.4% | 0.30% | −0.06 |
| ELV Elevance Health Inc. | Reduce -30.3% | 0.28% | −0.06 |
| CI The Cigna Group | Reduce -32.3% | 0.25% | −0.06 |
| PEG Public Service Enterprise GP | Reduce -19.5% | 0.22% | −0.06 |
| SYF Synchrony Financial | Reduce -13.0% | 0.14% | −0.06 |
| ADM Archer-Daniels-Midland Co. | Reduce -23.6% | 0.16% | −0.06 |
| GDRX Goodrx Holdings Inc. Class A | Reduce -22.6% | 0.16% | −0.06 |
| NUE Nucor Corp. | Reduce -30.8% | 0.13% | −0.05 |
| SRE Sempra | Reduce -9.2% | 0.13% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -20.6% | 0.33% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -4.4% | 0.31% | −0.04 |
| GD General Dynamics Corp. | Reduce -12.5% | 0.41% | −0.04 |
| CNC Centene Corp. | Reduce -22.0% | 0.14% | −0.04 |
| CASY Casey's General Stores Inc. | Reduce -15.8% | 0.47% | −0.04 |
| SYY Sysco Corp. | Reduce -28.1% | 0.08% | −0.03 |
| VLO Valero Energy Corp. | Reduce -13.4% | 0.49% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| SRLN SS Blackstone Sr Loan ETF | New | 1.86% | +1.86 |
| VNLA Janus Henderson Short Durati | New | 1.10% | +1.10 |
| PLTR Palantir Technologies Inc. Class A | Add +13.1% | 2.80% | +0.59 |
| PAVE Global X US Infrastructure | Add +113.6% | 1.06% | +0.53 |
| AMLP Alerian MLP ETF | Add +2.7% | 4.88% | +0.49 |
| PM Philip Morris International | Add +10.0% | 0.89% | +0.28 |
| KLAC KLA Corp. | Add +9.4% | 1.69% | +0.26 |
| QCOM Qualcomm Inc. | New | 0.23% | +0.23 |
| NFLX Netflix Inc. | Add +131.8% | 0.38% | +0.22 |
| CAH Cardinal Health Inc. | New | 0.22% | +0.22 |
| AZO AutoZone Inc. | Add +22.6% | 0.69% | +0.22 |
| NLY Annaly Capital Management Inc. | Add +11.2% | 1.13% | +0.22 |
| NEM Newmont Corp. | Add +18.1% | 0.62% | +0.22 |
| APH Amphenol Corp. Class A | New | 0.22% | +0.22 |
| OBDC Blue Owl Capital Corp. | Add +41.5% | 0.77% | +0.21 |
| PAA Plains All Amer Pipeline LP | Add +22.4% | 0.63% | +0.19 |
| LNG Cheniere Energy Inc. | Add +182.8% | 0.28% | +0.19 |
| COR Cencora Inc. | Add +14.0% | 0.64% | +0.19 |
| PNW Pinnacle West Capital | Add +73.3% | 0.37% | +0.18 |
| DFS Discover Financial Services | New | 0.18% | +0.18 |
| NFG National Fuel Gas Co. | Add +13.0% | 0.55% | +0.18 |
| LRCX Lam Research Corp. | Add +146.1% | 0.27% | +0.16 |
| TPR Tapestry Inc. | Add +38.7% | 0.45% | +0.15 |
| DVN Devon Energy Corp. | Add +45.0% | 0.37% | +0.15 |
| GEV GE Vernova Inc. | Add +147.2% | 0.26% | +0.15 |
| ULTA Ulta Beauty Inc. | New | 0.14% | +0.14 |
| XME SS SPDR S&P Metals Mining | Add +7.7% | 2.15% | +0.14 |
| PANW Palo Alto Networks Inc. | New | 0.13% | +0.13 |
| SPGI S&P Global Inc. | New | 0.13% | +0.13 |
| NOC Northrop Grumman Corp. | Add +118.2% | 0.22% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +10.2% | 0.52% | +0.12 |
| CMI Cummins Inc. | Add +41.5% | 0.54% | +0.12 |
| HCA HCA Healthcare Inc. | Add +5.3% | 0.60% | +0.11 |
| RGTI Rigetti Computing Inc. | New | 0.11% | +0.11 |
| EOG EOG Resources Inc. | Add +17.5% | 0.54% | +0.10 |
| JNJ Johnson & Johnson | New | 0.10% | +0.10 |
| T AT&T Inc. | Add +2.1% | 0.47% | +0.10 |
| BAC Bank of America Corp. | Add +40.0% | 0.40% | +0.10 |
| BKR Baker Hughes Co. | New | 0.10% | +0.10 |
| XSSPX Nuveen S&P 500 Dynam Overwr | Add +43.5% | 0.36% | +0.10 |
| RTX RTX Corp. | New | 0.09% | +0.09 |
| DRI Darden Restaurants Inc. | New | 0.09% | +0.09 |
| TSM Taiwan Semiconductor-SP ADR | Add +32.8% | 0.77% | +0.08 |
| WTRG Essential Utilities Inc. | New | 0.08% | +0.08 |
| VEA Vanguard Ftse Developed ETF | New | 0.08% | +0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +30.8% | 0.30% | +0.08 |
| GE General Electric | Add +8.9% | 0.29% | +0.07 |
| NRG NRG Energy Inc. | Add +6.8% | 0.57% | +0.07 |
| MSFT Microsoft Corp. | Add +15.1% | 1.99% | +0.06 |
| UBER Uber Technologies Inc. | Add +13.7% | 0.20% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 188 | $490.3M | KLAC, DELL, NVDA, SRLN, AMAT |
| Q1 2026 | 173 | $398.5M | NVDA, URA, SRLN, PLTR, AMLP |
| Q4 2025 | 173 | $374.1M | PLTR, URA, NVDA, SRLN, TSLA |
| Q3 2025 | 167 | $348.2M | URA, PLTR, NVDA, SRLN, AMLP |
| Q2 2025 | 171 | $310.1M | URA, NVDA, PLTR, AMLP, SRLN |
| Q1 2025 | 185 | $257.0M | AMLP, NVDA, URA, PLTR, TSLA |
| Q4 2024 | 176 | $258.1M | AMLP, NVDA, TSLA, URA, AVGO |
| Q3 2024Amended | 174 | $245.9M | AMLP, URA, NVDA, SHY, TSLA |
| Q2 2024 | 167 | $232.6M | AMLP, NVDA, SHY, URA, QQQ |
| Q1 2024 | 166 | $227.8M | AMLP, SHY, URA, NVDA, XME |