Fortis Capital Management LLC

Name: Fortis Capital Management LLC 13F holdings, Q4 2024
Creator: Fortis Capital Management LLC
Published: 2025-02-11

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Fortis Capital Management LLC reported 133 stock positions worth $538.0 million. Its top holding was Microsoft (MSFT) at 23.7% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 5.3%) and Amazon.com (AMZN, 3.3%). Compared with Q3 2024, it opened 11 new positions, sold out of 8, added to 80 and reduced 35. The biggest buy was Apple (AAPL, shares +50%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −5%).

Most Recent 13F: Q2 2026
Location: BELLEVUE, WA
CIK: 0001802167
Portfolio Value: $538.0M (Q4 2024)
SEC Filing: 0001398344-25-002414 ↗ filed Feb 11, 2025

Holdings Value

Holdings 133 stocks · $538.0M


MSFT Microsoft Corp.	23.75%	303,081	$127.7M	Add +2.8%
SCHX Schwab US Large-Cap ETF	5.31%	1,233,141	$28.6M	Reduce -5.0%
AMZN Amazon.com Inc.	3.27%	80,165	$17.6M	Add +3.0%
NVDA Nvidia Corp.	2.91%	116,578	$15.7M	Add +3.5%
IGSB iShares 1-5Y Inv Grade Corp.	2.54%	264,716	$13.7M	Add +6.2%
CORP PIMCO Inv Grade Corp. BD ETF	2.48%	140,043	$13.3M	Add +46.0%
AAPL Apple Inc.	2.47%	53,146	$13.3M	Add +49.7%
GOOG Alphabet Inc. Class C	2.10%	59,366	$11.3M	Add +1.4%
AVGO Broadcom Inc.	2.00%	46,459	$10.8M	Reduce -2.0%
SCHM Schwab US Mid Cap ETF	1.88%	365,402	$10.1M	Add +5.3%
TSLA Tesla Inc.	1.82%	24,194	$9.8M	Add +15.2%
NFLX Netflix Inc.	1.68%	10,117	$9.0M	Add +0.5%
GLD SPDR Gold Shares	1.51%	33,450	$8.1M	Add +3.3%
VBR Vngrd Mrngst SL-CP Val ETF-U	1.49%	40,432	$8.0M	Add +0.4%
META Meta Platforms Inc. Class A	1.47%	13,518	$7.9M	Add +3.5%
VCIT Vanguard Int-Term Corporate	1.46%	98,049	$7.9M	Add +1.1%
SCHP Schwab U.S. Tips ETF	1.28%	265,800	$6.9M	Reduce -5.6%
NOW ServiceNow Inc.	1.24%	6,268	$6.6M	Reduce -1.1%
SCHA Schwab US Small-Cap ETF	1.14%	236,683	$6.1M	Add +23.0%
ANET Arista Networks Inc.	1.13%	55,110	$6.1M	Add +22.8%
SRLN SS Blackstone Sr Loan ETF	1.12%	144,783	$6.0M	Add +90.6%
FICO Fair Isaac Corp.	1.09%	2,935	$5.8M	Add +16.5%
V Visa Inc. Class A	1.08%	18,399	$5.8M	Add +2.7%
MA Mastercard Inc. Class A	1.08%	11,019	$5.8M	Add +0.5%
BIL SS SPDR BB 1-3M T-Bill ETF	1.04%	61,479	$5.6M	Add +68.6%
COST Costco Wholesale Corp.	1.03%	6,026	$5.5M	Add +1.5%
ORLY O'reilly Automotive Inc.	0.98%	4,445	$5.3M	Add +2.1%
BRK.B Berkshire Hathaway Inc. Class B	0.97%	11,519	$5.2M	Add +87.2%
ADSK Autodesk Inc.	0.95%	17,285	$5.1M	Add +1.1%
NVR NVR Inc.	0.94%	621	$5.1M	Reduce -0.5%
MELI MercadoLibre Inc.	0.92%	2,912	$5.0M	Add +22.9%
MSCI MSCI Inc.	0.92%	8,227	$4.9M	Add +1.9%
AON Aon PLC Class A	0.91%	13,620	$4.9M	Add +0.5%
UNH Unitedhealth Group Inc.	0.89%	9,480	$4.8M	Add +6.3%
CHTR Charter Communications Inc. Class A	0.89%	13,950	$4.8M	Reduce -7.5%
CRM Salesforce Inc.	0.87%	13,948	$4.7M	Add +29.3%
CPRT Copart Inc.	0.82%	76,853	$4.4M	Add +29.8%
QUAL iShares MSCI USA Quality Fac	0.81%	24,494	$4.4M	Add +0.3%
ADBE Adobe Inc.	0.79%	9,586	$4.3M	Add +4.5%
TMUS T-Mobile US Inc.	0.78%	18,905	$4.2M	Add +30.8%
KLAC KLA Corp.	0.74%	6,342	$4.0M	Add +36.3%
SCHF Schwab Intl Equity ETF	0.74%	214,213	$4.0M	Add +0.1%
NVO Novo-Nordisk A/S-Spons ADR	0.73%	45,888	$3.9M	Add +31.7%
SPYX SS SPDR S&P 500 Foss FL ETF	0.64%	72,027	$3.5M	Reduce -0.5%
QQQ Invesco QQQ Trust Series 1	0.64%	6,717	$3.4M	Add +9.9%
PFXF Vaneck Pref Sec X-Financials	0.62%	194,628	$3.4M	Reduce -4.5%
IBDS Ishrs Ibnds Dec 27 Corp. ETF	0.57%	128,542	$3.1M	Reduce -0.8%
SCHE Schwab Emrg Mrkts Eqty ETF	0.57%	115,204	$3.1M	Reduce -1.8%
IVV iShares Core S&P 500 ETF	0.53%	4,843	$2.9M	Reduce -1.9%
SCHD Schwab US DVD Equity ETF	0.53%	104,055	$2.8M	Add +7.1%
COWZ Pacer US Cash Cows 100 ETF	0.52%	49,646	$2.8M	Add +11.7%
MCO Moody's Corp.	0.50%	5,708	$2.7M	Add +1.2%
IHDG Wisdomtree International Hed	0.43%	52,972	$2.3M	Add +9.9%
IBDR iShares Ibonds Dec 2026 Term	0.42%	94,475	$2.3M	Reduce -26.6%
JNK SS SPDR BB High Yield Bond	0.38%	21,339	$2.0M	New
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	0.35%	24,023	$1.9M	Add +11.5%
IBDQ iShares Ibonds Dec 2025 Term	0.34%	72,824	$1.8M	Reduce -38.3%
PFF iShares Preferred & Income S	0.32%	55,563	$1.7M	Add +2.1%
VOO Vanguard S&P 500 ETF	0.32%	3,208	$1.7M	Reduce -6.2%
AVUV Avantis US Small Cap Value	0.32%	17,787	$1.7M	Add +0.4%
SUSB iShares ESG Aware 1-5 Year U	0.31%	67,969	$1.7M	Add +1.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.31%	6,332	$1.7M	Add +6.3%
RWJ Invesco S&P Smallcap 600	0.31%	36,467	$1.7M	Add +29.0%
VCSH Vanguard S/T Corp. Bond ETF	0.30%	20,811	$1.6M	Add +24.4%
AGZ iShares Agency Bond ETF	0.27%	13,442	$1.5M	Add +6.1%
IBDT iShares Ibonds Dec 2028 ETF	0.26%	56,031	$1.4M	Reduce -27.3%
IBDW iShares Ibonds Dec 2031 Corp.	0.26%	67,994	$1.4M	Reduce -11.1%
BA The Boeing Co.	0.23%	6,872	$1.2M	Add +4.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.21%	4,153	$1.1M	Reduce -1.8%
GOOGL Alphabet Inc. Class A	0.19%	5,333	$1.0M	Add +35.3%
SPY SS SPDR S&P 500 ETF Trust-US	0.19%	1,715	$1.0M	Add +3.3%
VTV Vanguard Mrngstr Val ETF-Aui	0.19%	5,932	$1.0M	Add +372.3%
PLTR Palantir Technologies Inc. Class A	0.18%	12,773	$966K	Add +38.5%
DFSV Dimensional US Small Cap Val	0.18%	31,316	$964K	Add +0.4%
ABBV Abbvie Inc.	0.17%	5,209	$926K	Reduce -11.8%
PFFD Global X US Preferred ETF	0.16%	45,075	$879K	Reduce -0.5%
MSI Motorola Solutions Inc.	0.16%	1,897	$877K	Reduce -27.2%
SLQD iShares 0-5 YR Inv GRD Corp.	0.16%	17,415	$866K	Add +1.2%
ABNB Airbnb Inc. Class A	0.16%	6,577	$864K	Add +0.4%
HD Home Depot Inc.	0.16%	2,208	$859K	Reduce -23.3%
GBTC Grayscale Bitcoin Trust ETF	0.16%	11,298	$836K	Reduce -5.4%
SPGI S&P Global Inc.	0.14%	1,499	$747K	Reduce -33.3%
XLC SS Comm Select Sector SPDR	0.13%	7,197	$697K	Add +0.3%
AMD Advanced Micro Devices	0.13%	5,690	$687K	Reduce -7.9%
IBIT iShares Bitcoin Trust ETF	0.12%	12,667	$672K	Add +38.1%
ORCL Oracle Corp.	0.12%	4,002	$667K	New
DSI iShares ESG MSCI KLD 400 ETF	0.12%	5,959	$657K	Add +0.3%
ET Energy Transfer LP	0.12%	32,556	$638K	Add +1.9%
TMO Thermo Fisher Scientific Inc.	0.12%	1,218	$633K	Reduce -23.8%
DPZ Domino's Pizza Inc.	0.11%	1,466	$615K	Reduce -20.8%
IGIB iShares 5-10Y Inv Grade Corp.	0.11%	11,224	$578K	Add +1.5%
VTI VG Morningstar TS MKT ETF-US	0.10%	1,946	$564K	Reduce -1.3%
ODFL Old Dominion Freight Line	0.10%	3,169	$559K	Reduce -42.6%
DHR Danaher Corp.	0.10%	2,238	$514K	Reduce -27.4%
DUHP Dimensional US High Profi Et	0.08%	13,420	$453K	Add +0.3%
AMGN Amgen Inc.	0.08%	1,738	$453K	Add +4.5%
VB Vanguard Most SM-Cap ETF-Usd	0.08%	1,859	$447K	Add +22.1%
ESGE iShares Inc. iShares ESG Awar	0.08%	13,176	$440K	Add +2.6%
GDX Vaneck Gold Miners ETF	0.08%	12,442	$422K	Add +1.0%
SHOP Shopify Inc. Class A	0.07%	3,760	$400K	Reduce -1.6%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.07%	3,626	$387K	Add +13.4%
VTIP Vanguard Short-Term Tips	0.07%	7,900	$383K	Add +5.7%
IVW iShares S&P 500 Growth ETF	0.07%	3,665	$372K	Reduce -4.3%
IGV iShares Expanded Tech-Softwa	0.07%	3,548	$355K	Add +5.2%
VUG Vanguard Mrngstar GR ETF-Sui	0.06%	805	$330K	Add +1.6%
XLB SS Materials Select Sector	0.06%	3,850	$324K	Add +2.5%
BND Vanguard Total Bond Market	0.05%	4,084	$294K	New
DFIS Dimensional International SM	0.05%	11,662	$286K	Add +0.7%
VNQ Vanguard Real Estate ETF	0.05%	3,145	$280K	New
AXON Axon Enterprise Inc.	0.05%	465	$276K	New
VEA Vanguard Ftse Developed ETF	0.05%	5,769	$276K	Add +5.8%
IBDU iShares Ibonds Dec 2029 Term	0.05%	11,835	$270K	Reduce -45.0%
VLUE iShares MSCI USA Value Facto	0.05%	2,521	$266K	Add +0.7%
IBTF iShares Ibonds Dec 2025 Term	0.05%	11,266	$263K	Add +0.8%
TSLL Dirx DLY Tsla Bul 2X ETF-Aui	0.05%	9,516	$262K	New
AMDL Graniteshares 2XLONG AMD ETF	0.05%	33,977	$260K	New
IEMG iShares Core MSCI Emerging	0.05%	4,880	$255K	Add +0.8%
DUOL Duolingo	0.05%	783	$254K	Reduce -1.4%
PANW Palo Alto Networks Inc.	0.05%	1,341	$244K	New
LULU Lululemon Athletica Inc.	0.04%	631	$241K	New
IJH iShares Core S&P Midcap ETF	0.04%	3,811	$237K	Reduce -3.0%
IWB iShares Russell 1000 ETF	0.04%	674	$217K	Reduce -10.6%
SIXJ Allian US Equ 6 Mon BU10-Usd	0.04%	6,969	$212K	No change
DDOG Datadog Inc. Class A	0.04%	1,458	$208K	New
MDXG Mimedx Group Inc.	0.03%	18,000	$173K	No change
CVU Cpi Aerostructures Inc.	0.03%	41,500	$168K	No change
KYN Kayne Anderson Energy Infra	0.03%	12,125	$154K	Add +0.8%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.03%	13,248	$137K	Add +1.5%
LZ Legalzoomcom Inc.	0.02%	15,989	$120K	No change
ALT Altimmune Inc.	0.02%	16,606	$120K	New
NXDR Nextdoor Holdings Inc.	0.01%	31,161	$74K	No change
NGD New Gold Inc.	0.01%	20,000	$50K	No change
LYEL Lyell Immunopharma Inc.	0.00%	12,092	$8K	No change

Options reported separately and not counted above: AMZN puts ($3.0M).

Portfolio Sells Q3 2024 → Q4 2024


SCHX Schwab US Large-Cap ETF	Reduce -5.0%	5.31%	−0.60
NVR NVR Inc.	Reduce -0.5%	0.94%	−0.29
IBDQ iShares Ibonds Dec 2025 Term	Reduce -38.3%	0.34%	−0.26
SCHP Schwab U.S. Tips ETF	Reduce -5.6%	1.28%	−0.24
IBDP iShares Ibonds Dec 2024 Term	Sold out	0.00%	−0.21
IBDR iShares Ibonds Dec 2026 Term	Reduce -26.6%	0.42%	−0.21
XLU St Sr Utl SL SE SPDR ETF-Usd	Sold out	0.00%	−0.16
IBDT iShares Ibonds Dec 2028 ETF	Reduce -27.3%	0.26%	−0.14
MUB iShares National Muni Bond E	Sold out	0.00%	−0.13
PFXF Vaneck Pref Sec X-Financials	Reduce -4.5%	0.62%	−0.13
SCHE Schwab Emrg Mrkts Eqty ETF	Reduce -1.8%	0.57%	−0.12
ODFL Old Dominion Freight Line	Reduce -42.6%	0.10%	−0.12
CHTR Charter Communications Inc. Class A	Reduce -7.5%	0.89%	−0.10
SPGI S&P Global Inc.	Reduce -33.3%	0.14%	−0.10
TMO Thermo Fisher Scientific Inc.	Reduce -23.8%	0.12%	−0.08
DHR Danaher Corp.	Reduce -27.4%	0.10%	−0.08
AMD Advanced Micro Devices	Reduce -7.9%	0.13%	−0.08
HD Home Depot Inc.	Reduce -23.3%	0.16%	−0.08
MSI Motorola Solutions Inc.	Reduce -27.2%	0.16%	−0.07
IBDW iShares Ibonds Dec 2031 Corp.	Reduce -11.1%	0.26%	−0.07
IBDS Ishrs Ibnds Dec 27 Corp. ETF	Reduce -0.8%	0.57%	−0.06
ABBV Abbvie Inc.	Reduce -11.8%	0.17%	−0.06
IBDU iShares Ibonds Dec 2029 Term	Reduce -45.0%	0.05%	−0.05
PDD PDD Holdings Inc.	Sold out	0.00%	−0.05
IBDV iShares Ibonds Dec 2030 Corp.	Sold out	0.00%	−0.05
DPZ Domino's Pizza Inc.	Reduce -20.8%	0.11%	−0.05
SPYX SS SPDR S&P 500 Foss FL ETF	Reduce -0.5%	0.64%	−0.04
IVV iShares Core S&P 500 ETF	Reduce -1.9%	0.53%	−0.04
VOO Vanguard S&P 500 ETF	Reduce -6.2%	0.32%	−0.04
IOT Samsara Inc. Class A	Sold out	0.00%	−0.04
PFFD Global X US Preferred ETF	Reduce -0.5%	0.16%	−0.03
VV Vngrd Mrgstr LRG-Cap ETF-Usd	Reduce -1.8%	0.21%	−0.02
ABAT American Battery Technology	Sold out	0.00%	−0.02
BTC Grayscale Bitcoin Mini Trust	Sold out	0.00%	−0.01
VTI VG Morningstar TS MKT ETF-US	Reduce -1.3%	0.10%	−0.01
IWB iShares Russell 1000 ETF	Reduce -10.6%	0.04%	−0.01
IJH iShares Core S&P Midcap ETF	Reduce -3.0%	0.04%	−0.01
IVW iShares S&P 500 Growth ETF	Reduce -4.3%	0.07%	−0.00
DUOL Duolingo	Reduce -1.4%	0.05%	+0.00
SHOP Shopify Inc. Class A	Reduce -1.6%	0.07%	+0.01
GBTC Grayscale Bitcoin Trust ETF	Reduce -5.4%	0.16%	+0.03
NOW ServiceNow Inc.	Reduce -1.1%	1.24%	+0.09
AVGO Broadcom Inc.	Reduce -2.0%	2.00%	+0.36

Portfolio Buys Q3 2024 → Q4 2024


AAPL Apple Inc.	Add +49.7%	2.47%	+0.81
TSLA Tesla Inc.	Add +15.2%	1.82%	+0.71
CORP PIMCO Inv Grade Corp. BD ETF	Add +46.0%	2.48%	+0.55
SRLN SS Blackstone Sr Loan ETF	Add +90.6%	1.12%	+0.48
BRK.B Berkshire Hathaway Inc. Class B	Add +87.2%	0.97%	+0.40
JNK SS SPDR BB High Yield Bond	New	0.38%	+0.38
BIL SS SPDR BB 1-3M T-Bill ETF	Add +68.6%	1.04%	+0.37
AMZN Amazon.com Inc.	Add +3.0%	3.27%	+0.35
CRM Salesforce Inc.	Add +29.3%	0.87%	+0.27
ANET Arista Networks Inc.	Add +22.8%	1.13%	+0.27
NFLX Netflix Inc.	Add +0.5%	1.68%	+0.24
CPRT Copart Inc.	Add +29.8%	0.82%	+0.19
TMUS T-Mobile US Inc.	Add +30.8%	0.78%	+0.17
NVDA Nvidia Corp.	Add +3.5%	2.91%	+0.15
VTV Vanguard Mrngstr Val ETF-Aui	Add +372.3%	0.19%	+0.14
SCHA Schwab US Small-Cap ETF	Add +23.0%	1.14%	+0.14
GOOG Alphabet Inc. Class C	Add +1.4%	2.10%	+0.13
ORCL Oracle Corp.	New	0.12%	+0.12
PLTR Palantir Technologies Inc. Class A	Add +38.5%	0.18%	+0.11
FICO Fair Isaac Corp.	Add +16.5%	1.09%	+0.10
V Visa Inc. Class A	Add +2.7%	1.08%	+0.09
IBIT iShares Bitcoin Trust ETF	Add +38.1%	0.12%	+0.06
GOOGL Alphabet Inc. Class A	Add +35.3%	0.19%	+0.06
BND Vanguard Total Bond Market	New	0.05%	+0.05
VNQ Vanguard Real Estate ETF	New	0.05%	+0.05
AXON Axon Enterprise Inc.	New	0.05%	+0.05
RWJ Invesco S&P Smallcap 600	Add +29.0%	0.31%	+0.05
TSLL Dirx DLY Tsla Bul 2X ETF-Aui	New	0.05%	+0.05
AMDL Graniteshares 2XLONG AMD ETF	New	0.05%	+0.05
PANW Palo Alto Networks Inc.	New	0.05%	+0.05
LULU Lululemon Athletica Inc.	New	0.04%	+0.04
DDOG Datadog Inc. Class A	New	0.04%	+0.04
QQQ Invesco QQQ Trust Series 1	Add +9.9%	0.64%	+0.04
VCSH Vanguard S/T Corp. Bond ETF	Add +24.4%	0.30%	+0.03
BA The Boeing Co.	Add +4.1%	0.23%	+0.02
ALT Altimmune Inc.	New	0.02%	+0.02
KLAC KLA Corp.	Add +36.3%	0.74%	+0.02
ET Energy Transfer LP	Add +1.9%	0.12%	+0.02
VB Vanguard Most SM-Cap ETF-Usd	Add +22.1%	0.08%	+0.01
IGV iShares Expanded Tech-Softwa	Add +5.2%	0.07%	+0.01
COWZ Pacer US Cash Cows 100 ETF	Add +11.7%	0.52%	+0.00
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Add +11.5%	0.35%	+0.00
KYN Kayne Anderson Energy Infra	Add +0.8%	0.03%	+0.00
ADSK Autodesk Inc.	Add +1.1%	0.95%	+0.00
VUG Vanguard Mrngstar GR ETF-Sui	Add +1.6%	0.06%	+0.00
LQD Ishr Ibx Usd Invgd CB ETF-Ui	Add +13.4%	0.07%	−0.00
XLC SS Comm Select Sector SPDR	Add +0.3%	0.13%	−0.00
VTIP Vanguard Short-Term Tips	Add +5.7%	0.07%	−0.00
IBTF iShares Ibonds Dec 2025 Term	Add +0.8%	0.05%	−0.00
SPY SS SPDR S&P 500 ETF Trust-US	Add +3.3%	0.19%	−0.01

Options Activity Q3 2024 → Q4 2024


AMZN Amazon.com Inc.	put	New	13,500	$3.0M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	235	$889.3M	MSFT, SCHX, NVDA, AMD, AMZN
Q1 2026	206	$747.5M	MSFT, SCHX, NVDA, AMZN, AAPL
Q4 2025	204	$753.5M	MSFT, SCHX, NVDA, AMZN, GOOG
Q3 2025	176	$710.3M	MSFT, SCHX, NVDA, AMZN, AAPL
Q2 2025	171	$642.0M	MSFT, SCHX, AMZN, NVDA, AAPL
Q1 2025	154	$514.2M	MSFT, SCHX, AMZN, IGSB, NVDA
Q4 2024	133	$538.0M	MSFT, SCHX, AMZN, NVDA, IGSB
Q3 2024	130	$496.5M	MSFT, SCHX, AMZN, NVDA, IGSB
Q2 2024	128	$468.9M	MSFT, SCHX, AMZN, NVDA, IGSB
Q1 2024	117	$381.3M	MSFT, SCHX, AMZN, IGSB, VCIT