Fortis Capital Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Fortis Capital Management LLC reported 176 stock positions worth $710.3 million. Its top holding was Microsoft (MSFT) at 22.7% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 4.7%) and Nvidia (NVDA, 3.6%). Compared with Q2 2025, it opened 13 new positions, sold out of 8, added to 118 and reduced 28. The biggest buy was Advanced Micro Devices (AMD, shares +334%) and the biggest sale an exit from Charter Communications Class A (CHTR).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001802167
- Portfolio Value
- $710.3M (Q3 2025)
- SEC Filing
- 0001398344-25-020599 ↗ filed Nov 10, 2025
Holdings Value
Holdings 176 stocks · $710.3M
| MSFT Microsoft Corp. | 22.74% | 311,814 | $161.5M | Add +2.4% |
| SCHX Schwab US Large-Cap ETF | 4.69% | 1,264,795 | $33.3M | Add +5.1% |
| NVDA Nvidia Corp. | 3.59% | 136,601 | $25.5M | Add +3.0% |
| AMZN Amazon.com Inc. | 3.07% | 99,377 | $21.8M | Add +3.3% |
| AAPL Apple Inc. | 2.54% | 70,727 | $18.0M | Add +6.3% |
| GOOG Alphabet Inc. Class C | 2.34% | 68,328 | $16.6M | Add +1.0% |
| JAAA Janus Henderson Aaa Clo ETF | 2.08% | 291,148 | $14.8M | Add +31.1% |
| AVGO Broadcom Inc. | 2.08% | 44,767 | $14.8M | Reduce -7.9% |
| META Meta Platforms Inc. Class A | 1.97% | 19,052 | $14.0M | Add +4.1% |
| GLD SPDR Gold Shares | 1.82% | 36,432 | $13.0M | Reduce -1.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.81% | 241,854 | $12.8M | Add +5.4% |
| NFLX Netflix Inc. | 1.74% | 10,286 | $12.3M | Add +2.4% |
| SCHM Schwab US Mid Cap ETF | 1.65% | 394,341 | $11.7M | Add +8.1% |
| TSLA Tesla Inc. | 1.58% | 25,317 | $11.3M | Reduce -2.2% |
| ANET Arista Networks Inc. | 1.47% | 71,788 | $10.5M | Reduce -1.7% |
| TSM Taiwan Semiconductor-SP ADR | 1.46% | 37,106 | $10.4M | Add +0.1% |
| SHOP Shopify Inc. Class A | 1.40% | 66,692 | $9.9M | Add +2.8% |
| CORP PIMCO Inv Grade Corp. BD ETF | 1.39% | 99,838 | $9.8M | Add +12.5% |
| MELI MercadoLibre Inc. | 1.16% | 3,511 | $8.2M | Add +5.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.14% | 38,961 | $8.1M | Add +0.2% |
| AMD Advanced Micro Devices | 1.10% | 48,490 | $7.8M | Add +334.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.08% | 67,170 | $7.7M | Add +2.0% |
| PANW Palo Alto Networks Inc. | 1.08% | 37,573 | $7.7M | Add +6.0% |
| UBER Uber Technologies Inc. | 1.08% | 78,058 | $7.6M | Add +8.2% |
| V Visa Inc. Class A | 1.06% | 22,123 | $7.6M | Add +7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.06% | 14,934 | $7.5M | Add +14.1% |
| MA Mastercard Inc. Class A | 1.05% | 13,171 | $7.5M | Add +6.5% |
| SRLN SS Blackstone Sr Loan ETF | 1.05% | 179,893 | $7.5M | Reduce -1.2% |
| RMD Resmed Inc. | 1.00% | 25,941 | $7.1M | Add +6.0% |
| TMUS T-Mobile US Inc. | 1.00% | 29,636 | $7.1M | Add +7.8% |
| NOW ServiceNow Inc. | 0.97% | 7,508 | $6.9M | Add +7.1% |
| ADSK Autodesk Inc. | 0.94% | 20,934 | $6.6M | Add +7.1% |
| PGR Progressive Corp. | 0.91% | 26,199 | $6.5M | Add +8.5% |
| LLY Eli Lilly & Co. | 0.89% | 8,267 | $6.3M | Add +1849.8% |
| CRM Salesforce Inc. | 0.87% | 26,206 | $6.2M | Add +10.3% |
| CDNS Cadence Design SYS Inc. | 0.85% | 17,113 | $6.0M | New |
| ADBE Adobe Inc. | 0.84% | 16,938 | $6.0M | Add +14.8% |
| BSX Boston Scientific Corp. | 0.83% | 60,382 | $5.9M | New |
| FICO Fair Isaac Corp. | 0.82% | 3,895 | $5.8M | Add +10.7% |
| MSCI MSCI Inc. | 0.81% | 10,123 | $5.7M | Add +8.6% |
| SCHA Schwab US Small-Cap ETF | 0.77% | 195,477 | $5.5M | Add +7.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.74% | 57,433 | $5.3M | Add +19.9% |
| SCHF Schwab Intl Equity ETF | 0.73% | 223,426 | $5.2M | Add +6.8% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.72% | 152,302 | $5.1M | Add +5.3% |
| QUAL iShares MSCI USA Quality Fac | 0.68% | 24,661 | $4.8M | Add +0.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.67% | 58,970 | $4.8M | Add +19.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.62% | 7,309 | $4.4M | Add +10.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.48% | 59,333 | $3.4M | Add +4.0% |
| IVV iShares Core S&P 500 ETF | 0.46% | 4,864 | $3.3M | Add +0.0% |
| VCIT Vanguard Int-Term Corporate | 0.45% | 37,867 | $3.2M | Add +1.3% |
| IHDG Wisdomtree International Hed | 0.44% | 68,182 | $3.1M | Add +2.9% |
| GOOGL Alphabet Inc. Class A | 0.44% | 12,914 | $3.1M | Add +21.9% |
| SCHD Schwab US DVD Equity ETF | 0.40% | 104,612 | $2.9M | Add +4.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.40% | 115,543 | $2.8M | Add +3.8% |
| MARW Alianzim US Eq BFR20 Mar-Usd | 0.37% | 77,200 | $2.6M | Reduce -0.6% |
| VOO Vanguard S&P 500 ETF | 0.32% | 3,685 | $2.3M | Reduce -25.3% |
| GSST Goldman Sachs Ultra Short Bo | 0.32% | 44,452 | $2.3M | Add +25.0% |
| IBDR iShares Ibonds Dec 2026 Term | 0.27% | 79,483 | $1.9M | Add +5.7% |
| COST Costco Wholesale Corp. | 0.27% | 2,047 | $1.9M | Add +2.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.26% | 6,252 | $1.8M | Add +3.5% |
| AVUV Avantis US Small Cap Value | 0.25% | 17,878 | $1.8M | Add +0.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.25% | 31,878 | $1.7M | Reduce -0.1% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.24% | 67,614 | $1.7M | Add +8.5% |
| JBBB Janus Henderson B-BBB Clo Et | 0.24% | 35,026 | $1.7M | Add +25.5% |
| RWJ Invesco S&P Smallcap 600 | 0.23% | 34,069 | $1.6M | Reduce -2.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.20% | 17,746 | $1.4M | Add +0.5% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 7,662 | $1.4M | Add +1.8% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.18% | 4,113 | $1.3M | Add +0.4% |
| ORCL Oracle Corp. | 0.18% | 4,440 | $1.2M | Reduce -1.7% |
| ABBV Abbvie Inc. | 0.17% | 5,131 | $1.2M | Add +2.3% |
| PFXF Vaneck Pref Sec X-Financials | 0.16% | 65,912 | $1.2M | Reduce -54.5% |
| AGZ iShares Agency Bond ETF | 0.16% | 10,284 | $1.1M | Add +3.4% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.16% | 44,632 | $1.1M | Add +7.3% |
| BA The Boeing Co. | 0.15% | 5,027 | $1.1M | Add +2.1% |
| HD Home Depot Inc. | 0.14% | 2,541 | $1.0M | Reduce -1.7% |
| GBTC Grayscale Bitcoin Trust ETF | 0.14% | 11,445 | $1.0M | Add +1.8% |
| JNJ Johnson & Johnson | 0.14% | 5,449 | $1.0M | Add +3.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.14% | 3,446 | $972K | Add +20.1% |
| GDX Vaneck Gold Miners ETF | 0.14% | 12,642 | $966K | Reduce -0.3% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.13% | 17,682 | $899K | Add +1.4% |
| JPM JPMorgan Chase & Co. | 0.12% | 2,785 | $879K | Add +19.9% |
| MSI Motorola Solutions Inc. | 0.12% | 1,857 | $849K | Add +0.3% |
| SPGI S&P Global Inc. | 0.12% | 1,697 | $826K | Add +1.4% |
| SCHP Schwab U.S. Tips ETF | 0.12% | 30,375 | $819K | Reduce -0.6% |
| ABNB Airbnb Inc. Class A | 0.11% | 6,659 | $809K | Reduce -2.6% |
| FEBW Alianzim US Eq BFR20 Feb-Usd | 0.11% | 23,299 | $772K | No change |
| APRW Allinzim US Eq BFR20 Apr-Usd | 0.11% | 22,308 | $764K | No change |
| DSI iShares ESG MSCI KLD 400 ETF | 0.11% | 6,002 | $756K | Add +0.2% |
| IBIT iShares Bitcoin Trust ETF | 0.11% | 11,583 | $753K | Reduce -0.0% |
| ORLY O'reilly Automotive Inc. | 0.10% | 6,740 | $727K | Add +1.1% |
| CPRT Copart Inc. | 0.10% | 16,085 | $723K | Reduce -85.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.10% | 2,761 | $702K | Add +4.4% |
| SCHG Schwab US Large-Cap Growth | 0.10% | 21,859 | $698K | Add +127.2% |
| MCO Moody's Corp. | 0.10% | 1,435 | $684K | Reduce -2.9% |
| ET Energy Transfer LP | 0.10% | 39,450 | $677K | Add +8.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.09% | 1,382 | $663K | Add +5.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.09% | 11,850 | $658K | Reduce -78.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 1,950 | $640K | Add +1.8% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.09% | 11,574 | $626K | Add +1.2% |
| AMGN Amgen Inc. | 0.09% | 2,177 | $614K | Add +1.3% |
Options reported separately and not counted above: BROADCOM INC puts ($990K), NETFLIX INC. puts ($240K).
Portfolio Sells Q2 2025 → Q3 2025
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.96 |
| DHI D.R. Horton Inc. | Sold out | 0.00% | −0.95 |
| CPRT Copart Inc. | Reduce -85.6% | 0.10% | −0.75 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -78.3% | 0.09% | −0.50 |
| PFXF Vaneck Pref Sec X-Financials | Reduce -54.5% | 0.16% | −0.22 |
| VWO Vanguard Ftse Emerging Marke | Reduce -77.1% | 0.05% | −0.17 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -1.2% | 1.05% | −0.13 |
| VOO Vanguard S&P 500 ETF | Reduce -25.3% | 0.32% | −0.12 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.06 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.04 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.04 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.04 |
| MARW Alianzim US Eq BFR20 Mar-Usd | Reduce -0.6% | 0.37% | −0.03 |
| ABNB Airbnb Inc. Class A | Reduce -2.6% | 0.11% | −0.03 |
| KYN Kayne Anderson Energy Infra | Sold out | 0.00% | −0.02 |
| LZ Legalzoomcom Inc. | Sold out | 0.00% | −0.02 |
| MCO Moody's Corp. | Reduce -2.9% | 0.10% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -22.1% | 0.04% | −0.02 |
| DPZ Domino's Pizza Inc. | Reduce -4.9% | 0.07% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Reduce -0.6% | 0.12% | −0.01 |
| VEEV Veeva Systems Inc. Class A | Reduce -7.9% | 0.05% | −0.01 |
| AVGO Broadcom Inc. | Reduce -7.9% | 2.08% | −0.01 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -0.1% | 0.25% | −0.01 |
| ZS Zscaler Inc. | Reduce -0.9% | 0.03% | −0.01 |
| NVR NVR Inc. | Reduce -3.9% | 0.08% | −0.00 |
| RWJ Invesco S&P Smallcap 600 | Reduce -2.8% | 0.23% | −0.00 |
| IBIT iShares Bitcoin Trust ETF | Reduce -0.0% | 0.11% | −0.00 |
| DFSV Dimensional US Small Cap Val | Reduce -6.8% | 0.04% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -0.8% | 0.03% | −0.00 |
| HD Home Depot Inc. | Reduce -1.7% | 0.14% | −0.00 |
| NET Cloudflare Inc. Class A | Reduce -0.4% | 0.04% | −0.00 |
| ORCL Oracle Corp. | Reduce -1.7% | 0.18% | +0.02 |
| GDX Vaneck Gold Miners ETF | Reduce -0.3% | 0.14% | +0.03 |
| GLD SPDR Gold Shares | Reduce -1.3% | 1.82% | +0.07 |
| TSLA Tesla Inc. | Reduce -2.2% | 1.58% | +0.30 |
| ANET Arista Networks Inc. | Reduce -1.7% | 1.47% | +0.31 |
Portfolio Buys Q2 2025 → Q3 2025
| AMD Advanced Micro Devices | Add +334.1% | 1.10% | +0.86 |
| CDNS Cadence Design SYS Inc. | New | 0.85% | +0.85 |
| LLY Eli Lilly & Co. | Add +1849.8% | 0.89% | +0.84 |
| BSX Boston Scientific Corp. | New | 0.83% | +0.83 |
| GOOG Alphabet Inc. Class C | Add +1.0% | 2.34% | +0.47 |
| AAPL Apple Inc. | Add +6.3% | 2.54% | +0.41 |
| JAAA Janus Henderson Aaa Clo ETF | Add +31.1% | 2.08% | +0.33 |
| NVDA Nvidia Corp. | Add +3.0% | 3.59% | +0.32 |
| SHOP Shopify Inc. Class A | Add +2.8% | 1.40% | +0.23 |
| GOOGL Alphabet Inc. Class A | Add +21.9% | 0.44% | +0.15 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.1% | 1.46% | +0.15 |
| SCHX Schwab US Large-Cap ETF | Add +5.1% | 4.69% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +14.1% | 1.06% | +0.07 |
| IONQ Ionq Inc. | New | 0.06% | +0.06 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +19.9% | 0.74% | +0.06 |
| SCHG Schwab US Large-Cap Growth | Add +127.2% | 0.10% | +0.05 |
| SCHM Schwab US Mid Cap ETF | Add +8.1% | 1.65% | +0.05 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +19.1% | 0.67% | +0.05 |
| SCHA Schwab US Small-Cap ETF | Add +7.4% | 0.77% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.6% | 0.62% | +0.05 |
| SCHV Schwab US Large-Cap Value | New | 0.05% | +0.05 |
| QBTS D-Wave Quantum Inc. | New | 0.04% | +0.04 |
| CORP PIMCO Inv Grade Corp. BD ETF | Add +12.5% | 1.39% | +0.04 |
| FETH Fidelity Ethereum Fund | New | 0.04% | +0.04 |
| GSST Goldman Sachs Ultra Short Bo | Add +25.0% | 0.32% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +1.8% | 0.20% | +0.04 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +5.3% | 0.72% | +0.04 |
| CVX Chevron Corp. | New | 0.04% | +0.04 |
| SOFI Sofi Technologies Inc. | New | 0.03% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +120.0% | 0.07% | +0.03 |
| CAT Caterpillar Inc. | New | 0.03% | +0.03 |
| AVLV Avantis US Large Cap Value | New | 0.03% | +0.03 |
| C Citigroup Inc. | New | 0.03% | +0.03 |
| IQDF NT Intl Qual Div ETF | New | 0.03% | +0.03 |
| PDD PDD Holdings Inc. | New | 0.03% | +0.03 |
| JBBB Janus Henderson B-BBB Clo Et | Add +25.5% | 0.24% | +0.03 |
| STX Seagate Technology Holdings | Add +1.0% | 0.08% | +0.03 |
| UBER Uber Technologies Inc. | Add +8.2% | 1.08% | +0.03 |
| ABBV Abbvie Inc. | Add +2.3% | 0.17% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +19.9% | 0.12% | +0.02 |
| JNJ Johnson & Johnson | Add +3.6% | 0.14% | +0.02 |
| RMD Resmed Inc. | Add +6.0% | 1.00% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +35.3% | 0.07% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +36.8% | 0.05% | +0.01 |
| TSLL Dirx DLY Tsla Bul 2X ETF-Aui | Add +1.2% | 0.04% | +0.01 |
| RTX RTX Corp. | Add +31.3% | 0.05% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +6.8% | 0.73% | +0.01 |
| MU Micron Technology Inc. | Add +3.7% | 0.05% | +0.01 |
| WMT Walmart Inc. | Add +36.0% | 0.04% | +0.01 |
| ORLY O'reilly Automotive Inc. | Add +1.1% | 0.10% | +0.01 |
Options Activity Q2 2025 → Q3 2025
| BROADCOM INC | put | Add +76.5% | 3,000 | $990K |
| NETFLIX INC. | put | New | 200 | $240K |
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 |