Fortis Capital Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Fortis Capital Management LLC reported 206 stock positions worth $747.5 million. Its top holding was Microsoft (MSFT) at 17.7% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 5.2%) and Nvidia (NVDA, 4.1%). Compared with Q4 2025, it opened 23 new positions, sold out of 21, added to 93 and reduced 70. The biggest buy was a new position in Pgim Ultra Short Bond ETF (PULS) and the biggest sale SS Blackstone Sr Loan ETF (SRLN, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001802167
- Portfolio Value
- $747.5M (Q1 2026)
- SEC Filing
- 0001398344-26-008947 ↗ filed May 12, 2026
Holdings Value
Holdings 206 stocks · $747.5M
| MSFT Microsoft Corp. | 17.75% | 358,407 | $132.7M | Add +13.4% |
| SCHX Schwab US Large-Cap ETF | 5.16% | 1,505,206 | $38.6M | Add +12.3% |
| NVDA Nvidia Corp. | 4.13% | 177,013 | $30.9M | Add +7.5% |
| AMZN Amazon.com Inc. | 3.49% | 125,432 | $26.1M | Add +20.9% |
| AAPL Apple Inc. | 2.85% | 84,002 | $21.3M | Add +17.2% |
| GOOG Alphabet Inc. Class C | 2.21% | 57,552 | $16.5M | Reduce -7.5% |
| GLD SPDR Gold Shares | 2.12% | 36,758 | $15.8M | Add +2.9% |
| SCHM Schwab US Mid Cap ETF | 2.02% | 487,153 | $15.1M | Add +11.4% |
| AVGO Broadcom Inc. | 1.97% | 47,634 | $14.7M | Add +3.5% |
| META Meta Platforms Inc. Class A | 1.85% | 24,226 | $13.9M | Add +11.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.81% | 257,256 | $13.5M | Add +0.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.72% | 38,142 | $12.9M | Reduce -0.0% |
| JAAA Janus Henderson Aaa Clo ETF | 1.58% | 234,051 | $11.8M | Reduce -25.8% |
| PULS Pgim Ultra Short Bond ETF | 1.54% | 232,550 | $11.5M | New |
| AMD Advanced Micro Devices | 1.45% | 53,236 | $10.8M | Add +2.8% |
| NFLX Netflix Inc. | 1.43% | 111,192 | $10.7M | Add +3.2% |
| GEV GE Vernova Inc. | 1.41% | 12,090 | $10.6M | Add +3.8% |
| GSST Goldman Sachs Ultra Short Bo | 1.38% | 204,777 | $10.4M | Add +355.3% |
| TSLA Tesla Inc. | 1.31% | 26,296 | $9.8M | Add +2.8% |
| SCHA Schwab US Small-Cap ETF | 1.30% | 335,415 | $9.8M | Add +17.8% |
| ANET Arista Networks Inc. | 1.19% | 72,624 | $8.9M | Reduce -3.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.15% | 39,528 | $8.6M | Add +0.4% |
| LLY Eli Lilly & Co. | 1.09% | 8,839 | $8.1M | Add +1.3% |
| SHOP Shopify Inc. Class A | 1.02% | 64,241 | $7.6M | Reduce -3.5% |
| MA Mastercard Inc. Class A | 0.96% | 14,419 | $7.2M | Add +3.5% |
| V Visa Inc. Class A | 0.96% | 23,836 | $7.2M | Add +2.3% |
| IVV iShares Core S&P 500 ETF | 0.95% | 10,838 | $7.1M | Add +24.9% |
| CDNS Cadence Design SYS Inc. | 0.93% | 25,011 | $6.9M | Add +4.7% |
| MELI MercadoLibre Inc. | 0.92% | 3,998 | $6.9M | Reduce -0.1% |
| UBER Uber Technologies Inc. | 0.92% | 95,764 | $6.9M | Add +4.2% |
| SCHF Schwab Intl Equity ETF | 0.90% | 272,642 | $6.7M | Add +10.5% |
| PANW Palo Alto Networks Inc. | 0.90% | 41,743 | $6.7M | Add +4.4% |
| SGOV iShares 0-3 Month Treasury B | 0.88% | 65,590 | $6.6M | New |
| RMD Resmed Inc. | 0.86% | 28,688 | $6.4M | Add +2.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.83% | 10,714 | $6.2M | Add +25.1% |
| TKO Tko Group Holdings Inc. | 0.81% | 29,871 | $6.0M | New |
| CRM Salesforce Inc. | 0.77% | 30,675 | $5.7M | Add +10.9% |
| ADSK Autodesk Inc. | 0.75% | 23,502 | $5.6M | Add +4.3% |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.75% | 57,787 | $5.6M | Reduce -47.1% |
| APO Apollo Global Management Inc. | 0.74% | 49,641 | $5.5M | New |
| SPOT Spotify Technology SA | 0.74% | 11,389 | $5.5M | Add +2618.1% |
| BSX Boston Scientific Corp. | 0.73% | 86,695 | $5.4M | Add +102.6% |
| NOW ServiceNow Inc. | 0.68% | 48,942 | $5.1M | Add +1.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.67% | 151,572 | $5.0M | Add +9.0% |
| BX Blackstone Inc. | 0.66% | 42,989 | $4.9M | New |
| QUAL iShares MSCI USA Quality Fac | 0.66% | 25,553 | $4.9M | Add +0.2% |
| FICO Fair Isaac Corp. | 0.61% | 4,253 | $4.5M | Add +2.7% |
| ADBE Adobe Inc. | 0.55% | 16,864 | $4.1M | Reduce -14.8% |
| COWZ Pacer US Cash Cows 100 ETF | 0.55% | 65,221 | $4.1M | Add +17.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.54% | 6,152 | $4.0M | Add +184.9% |
| SCHD Schwab US DVD Equity ETF | 0.53% | 128,469 | $3.9M | Add +15.8% |
| GOOGL Alphabet Inc. Class A | 0.50% | 13,016 | $3.7M | Reduce -1.7% |
| AVUV Avantis US Small Cap Value | 0.49% | 32,888 | $3.6M | Add +32.7% |
| IHDG Wisdomtree International Hed | 0.46% | 71,659 | $3.5M | Add +17.0% |
| FLTR Vaneck Ig Floating Rate ETF | 0.44% | 129,458 | $3.3M | New |
| FLDR Fidelity Low Durat Fact ETF | 0.44% | 65,514 | $3.3M | New |
| VOO Vanguard S&P 500 ETF | 0.44% | 5,477 | $3.3M | Add +36.6% |
| VCIT Vanguard Int-Term Corporate | 0.43% | 38,757 | $3.2M | Add +0.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.37% | 112,908 | $2.7M | Reduce -1.4% |
| RWJ Invesco S&P Smallcap 600 | 0.37% | 54,208 | $2.7M | Add +17.2% |
| SIXP Allian US Equ 6 Mon BU10-Usd | 0.29% | 69,767 | $2.2M | New |
| SMH Vaneck Semiconductor ETF | 0.29% | 5,652 | $2.2M | Add +148.7% |
| COST Costco Wholesale Corp. | 0.27% | 2,029 | $2.0M | Add +6.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 6,913 | $2.0M | Add +6.4% |
| IBDR iShares Ibonds Dec 2026 Term | 0.26% | 81,562 | $2.0M | Reduce -0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 3,911 | $1.9M | Reduce -75.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 5,381 | $1.7M | Reduce -0.5% |
| IBDT iShares Ibonds Dec 2028 ETF | 0.23% | 67,739 | $1.7M | Reduce -0.6% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.23% | 31,734 | $1.7M | Add +0.3% |
| AVEM Avantis Emerging Markets Eq | 0.22% | 20,284 | $1.6M | Add +190.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 6,618 | $1.6M | Add +72.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.21% | 5,256 | $1.6M | Add +26.7% |
| ABBV Abbvie Inc. | 0.21% | 7,180 | $1.6M | Add +5.6% |
| JNJ Johnson & Johnson | 0.21% | 6,326 | $1.5M | Add +10.5% |
| IBDU iShares Ibonds Dec 2029 Term | 0.20% | 63,157 | $1.5M | Reduce -7.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.17% | 16,156 | $1.3M | Reduce -8.9% |
| BA The Boeing Co. | 0.17% | 6,318 | $1.3M | Add +17.8% |
| CAT Caterpillar Inc. | 0.17% | 1,772 | $1.3M | Add +236.2% |
| AMGN Amgen Inc. | 0.16% | 3,415 | $1.2M | Add +33.0% |
| GDX Vaneck Gold Miners ETF | 0.16% | 12,716 | $1.2M | No change |
| ET Energy Transfer LP | 0.15% | 56,488 | $1.1M | Add +13.2% |
| PFXF Vaneck Pref Sec X-Financials | 0.14% | 61,189 | $1.1M | Add +0.5% |
| TMUS T-Mobile US Inc. | 0.14% | 5,099 | $1.1M | Reduce -84.1% |
| DFLV Dim US Large Cap Value ETF | 0.13% | 28,052 | $1.0M | Add +308.4% |
| JPM JPMorgan Chase & Co. | 0.13% | 3,202 | $942K | Add +6.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.13% | 3,575 | $936K | Add +0.1% |
| STX Seagate Technology Holdings | 0.12% | 2,358 | $924K | Reduce -7.8% |
| PLTR Palantir Technologies Inc. Class A | 0.12% | 6,311 | $923K | Reduce -29.5% |
| PEP Pepsico Inc. | 0.12% | 5,861 | $910K | Add +46.2% |
| HD Home Depot Inc. | 0.12% | 2,709 | $891K | Reduce -0.4% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.12% | 17,210 | $869K | Reduce -3.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.11% | 8,874 | $855K | Reduce -77.6% |
| ADI Analog Devices Inc. | 0.11% | 2,652 | $844K | Reduce -0.2% |
| MSI Motorola Solutions Inc. | 0.11% | 1,944 | $844K | Add +0.4% |
| ABNB Airbnb Inc. Class A | 0.11% | 6,662 | $841K | Reduce -8.2% |
| AIQ Global X Art Intel & Tech | 0.11% | 17,647 | $824K | Add +249.7% |
| MU Micron Technology Inc. | 0.11% | 2,435 | $823K | Reduce -8.0% |
| PGR Progressive Corp. | 0.11% | 4,103 | $813K | Reduce -76.7% |
| APRW Allinzim US Eq BFR20 Apr-Usd | 0.11% | 22,221 | $786K | No change |
| CVX Chevron Corp. | 0.10% | 3,631 | $751K | Reduce -0.7% |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($226.3M), MICROSOFT CORP puts ($1.2M), BROADCOM INC puts ($929K), NVIDIA CORPORATION calls ($715K), AMAZON COM INC puts ($271K).
Portfolio Sells Q4 2025 → Q1 2026
| SRLN SS Blackstone Sr Loan ETF | Reduce -91.3% | 0.09% | −1.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -75.2% | 0.25% | −0.80 |
| TMUS T-Mobile US Inc. | Reduce -84.1% | 0.14% | −0.72 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.70 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -88.5% | 0.09% | −0.69 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -47.1% | 0.75% | −0.67 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -25.8% | 1.58% | −0.54 |
| DIS The Walt Disney Co. | Reduce -77.6% | 0.11% | −0.48 |
| PGR Progressive Corp. | Reduce -76.7% | 0.11% | −0.42 |
| SHOP Shopify Inc. Class A | Reduce -3.5% | 1.02% | −0.40 |
| GOOG Alphabet Inc. Class C | Reduce -7.5% | 2.21% | −0.38 |
| ADBE Adobe Inc. | Reduce -14.8% | 0.55% | −0.37 |
| MARW Alianzim US Eq BFR20 Mar-Usd | Reduce -87.2% | 0.04% | −0.30 |
| AGZ iShares Agency Bond ETF | Sold out | 0.00% | −0.16 |
| JBBB Janus Henderson B-BBB Clo Et | Sold out | 0.00% | −0.15 |
| MELI MercadoLibre Inc. | Reduce -0.1% | 0.92% | −0.14 |
| ANET Arista Networks Inc. | Reduce -3.4% | 1.19% | −0.11 |
| PLTR Palantir Technologies Inc. Class A | Reduce -29.5% | 0.12% | −0.09 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.06 |
| AON Aon PLC Class A | Sold out | 0.00% | −0.06 |
| IBDV iShares Ibonds Dec 2030 Corp. | Sold out | 0.00% | −0.05 |
| IBDW iShares Ibonds Dec 2031 Corp. | Sold out | 0.00% | −0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -1.7% | 0.50% | −0.05 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.04 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.04 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.04 |
| MS Morgan Stanley | Sold out | 0.00% | −0.03 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.03 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.03 |
| SIXJ Allian US Equ 6 Mon BU10-Usd | Sold out | 0.00% | −0.03 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.03 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -3.4% | 0.09% | −0.03 |
| IONQ Ionq Inc. | Sold out | 0.00% | −0.03 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.03 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.03 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.03 |
| ORCL Oracle Corp. | Reduce -2.4% | 0.08% | −0.03 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.03 |
| SPHQ Invesco S&P 500 Quality ETF | Sold out | 0.00% | −0.03 |
| SPGI S&P Global Inc. | Reduce -5.8% | 0.09% | −0.03 |
| FEBW Alianzim US Eq BFR20 Feb-Usd | Reduce -17.7% | 0.09% | −0.02 |
| ABNB Airbnb Inc. Class A | Reduce -8.2% | 0.11% | −0.02 |
| MCO Moody's Corp. | Reduce -4.0% | 0.08% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -8.9% | 0.17% | −0.02 |
| COF Capital One Financial Corp. | Reduce -12.1% | 0.03% | −0.02 |
| IBDU iShares Ibonds Dec 2029 Term | Reduce -7.2% | 0.20% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -21.0% | 0.05% | −0.01 |
| IGV iShares Expanded Tech-Softwa | Reduce -0.0% | 0.04% | −0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -5.9% | 0.05% | −0.01 |
| IBIT iShares Bitcoin Trust ETF | Reduce -0.1% | 0.04% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| PULS Pgim Ultra Short Bond ETF | New | 1.54% | +1.54 |
| GSST Goldman Sachs Ultra Short Bo | Add +355.3% | 1.38% | +1.08 |
| SGOV iShares 0-3 Month Treasury B | New | 0.88% | +0.88 |
| TKO Tko Group Holdings Inc. | New | 0.81% | +0.81 |
| APO Apollo Global Management Inc. | New | 0.74% | +0.74 |
| SPOT Spotify Technology SA | Add +2618.1% | 0.74% | +0.71 |
| BX Blackstone Inc. | New | 0.66% | +0.66 |
| FLTR Vaneck Ig Floating Rate ETF | New | 0.44% | +0.44 |
| FLDR Fidelity Low Durat Fact ETF | New | 0.44% | +0.44 |
| GEV GE Vernova Inc. | Add +3.8% | 1.41% | +0.40 |
| SCHX Schwab US Large-Cap ETF | Add +12.3% | 5.16% | +0.38 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +184.9% | 0.54% | +0.34 |
| AMZN Amazon.com Inc. | Add +20.9% | 3.49% | +0.32 |
| SIXP Allian US Equ 6 Mon BU10-Usd | New | 0.29% | +0.29 |
| SCHM Schwab US Mid Cap ETF | Add +11.4% | 2.02% | +0.27 |
| AAPL Apple Inc. | Add +17.2% | 2.85% | +0.27 |
| GLD SPDR Gold Shares | Add +2.9% | 2.12% | +0.24 |
| SCHA Schwab US Small-Cap ETF | Add +17.8% | 1.30% | +0.23 |
| BSX Boston Scientific Corp. | Add +102.6% | 0.73% | +0.19 |
| SMH Vaneck Semiconductor ETF | Add +148.7% | 0.29% | +0.18 |
| IVV iShares Core S&P 500 ETF | Add +24.9% | 0.95% | +0.16 |
| AVUV Avantis US Small Cap Value | Add +32.7% | 0.49% | +0.15 |
| AVEM Avantis Emerging Markets Eq | Add +190.2% | 0.22% | +0.15 |
| QQQ Invesco QQQ Trust Series 1 | Add +25.1% | 0.83% | +0.13 |
| CAT Caterpillar Inc. | Add +236.2% | 0.17% | +0.13 |
| SCHD Schwab US DVD Equity ETF | Add +15.8% | 0.53% | +0.12 |
| SCHF Schwab Intl Equity ETF | Add +10.5% | 0.90% | +0.12 |
| VOO Vanguard S&P 500 ETF | Add +36.6% | 0.44% | +0.10 |
| COWZ Pacer US Cash Cows 100 ETF | Add +17.8% | 0.55% | +0.10 |
| DFLV Dim US Large Cap Value ETF | Add +308.4% | 0.13% | +0.10 |
| SIVR Abrdn Physical Silver Shares | New | 0.10% | +0.10 |
| NFLX Netflix Inc. | Add +3.2% | 1.43% | +0.09 |
| VIS Vanguard Industrials ETF | New | 0.08% | +0.08 |
| AIQ Global X Art Intel & Tech | Add +249.7% | 0.11% | +0.08 |
| GLDM SPDR Gold Minishares Trust | New | 0.07% | +0.07 |
| RWJ Invesco S&P Smallcap 600 | Add +17.2% | 0.37% | +0.07 |
| IHDG Wisdomtree International Hed | Add +17.0% | 0.46% | +0.07 |
| SIXF Allian US Equ 6 Mon BU10-Usd | New | 0.07% | +0.07 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +9.0% | 0.67% | +0.06 |
| IBM Intl Business Machines Corp. | Add +72.1% | 0.21% | +0.06 |
| SHM SS SPDR N Ice St Muni ETF | New | 0.06% | +0.06 |
| NVDA Nvidia Corp. | Add +7.5% | 4.13% | +0.05 |
| COST Costco Wholesale Corp. | Add +6.8% | 0.27% | +0.05 |
| DFSB Dim GLB Sustain Fix Inc. ETF | New | 0.05% | +0.05 |
| JNJ Johnson & Johnson | Add +10.5% | 0.21% | +0.05 |
| AMGN Amgen Inc. | Add +33.0% | 0.16% | +0.05 |
| AMLP Alerian MLP ETF | New | 0.05% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +108.0% | 0.09% | +0.05 |
| PEP Pepsico Inc. | Add +46.2% | 0.12% | +0.05 |
| FFIV F5 Inc. | New | 0.04% | +0.04 |
Options Activity Q4 2025 → Q1 2026
| STATE STR SPDR S&P 500 ETF T | put | New | 348,000 | $226.3M |
| NVIDIA CORPORATION | call | New | 4,100 | $715K |
| AMAZON COM INC | put | New | 1,300 | $271K |
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 |