Generation Capital Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Generation Capital Management LLC reported 68 stock positions worth $111.1 million. Its top holding was F/M US Treasury 3 Month Bill (TBIL) at 11.2% of the portfolio, followed by iShares Treasury Floating Ra (TFLO, 6.6%) and Janus Henderson Aaa Clo ETF (JAAA, 6.4%). Compared with Q4 2024, it opened 7 new positions, sold out of 16, added to 21 and reduced 15. The biggest buy was a new position in Proshares Short RUSSELL2000 (RWM) and the biggest sale an exit from Invesco S&P 500 Momentum ETF (SPMO).
- Most Recent 13F
- Q2 2026
- Location
- PITTSFORD, NY
- CIK
- 0002054384
- Portfolio Value
- $111.1M (Q1 2025)
- SEC Filing
- 0001214659-25-007236 ↗ filed May 9, 2025
Holdings Value
Holdings 68 stocks · $111.1M
| TBIL F/M US Treasury 3 Month Bill | 11.19% | 248,405 | $12.4M | Add +4.6% |
| TFLO iShares Treasury Floating Ra | 6.60% | 144,618 | $7.3M | Add +9.0% |
| JAAA Janus Henderson Aaa Clo ETF | 6.36% | 139,187 | $7.1M | Add +12.7% |
| AAPL Apple Inc. | 4.84% | 24,220 | $5.4M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 4.30% | 9,294 | $4.8M | Add +6.0% |
| IAU iShares Gold Trust | 3.99% | 75,088 | $4.4M | Add +55.5% |
| GOOG Alphabet Inc. Class C | 3.66% | 26,023 | $4.1M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.50% | 6,946 | $3.9M | Reduce -1.5% |
| FLRN SS SPDR BB Ig Float RT ETF | 3.34% | 120,275 | $3.7M | Add +3.6% |
| MSFT Microsoft Corp. | 2.94% | 8,710 | $3.3M | Reduce -2.0% |
| AMZN Amazon.com Inc. | 2.87% | 16,732 | $3.2M | Reduce -13.8% |
| IVV iShares Core S&P 500 ETF | 2.43% | 4,793 | $2.7M | No change |
| RWM Proshares Short RUSSELL2000 | 2.38% | 127,477 | $2.6M | New |
| AAAU Goldman Sachs Physical Gold | 2.04% | 73,442 | $2.3M | New |
| NFLX Netflix Inc. | 1.98% | 2,356 | $2.2M | Add +0.6% |
| SPHQ Invesco S&P 500 Quality ETF | 1.94% | 32,413 | $2.2M | Add +4.5% |
| SJNK SS SPDR BB St Hi Yield ETF | 1.92% | 84,575 | $2.1M | Add +202.1% |
| AVGO Broadcom Inc. | 1.91% | 12,655 | $2.1M | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 1.90% | 3,664 | $2.1M | Reduce -4.8% |
| NVDA Nvidia Corp. | 1.63% | 16,686 | $1.8M | Reduce -25.8% |
| CRM Salesforce Inc. | 1.53% | 6,343 | $1.7M | Add +21.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.47% | 39,170 | $1.6M | Reduce -3.0% |
| IEUR iShares Core MSCI Europe ETF | 1.44% | 26,627 | $1.6M | New |
| GOOGL Alphabet Inc. Class A | 1.36% | 9,773 | $1.5M | Add +1.4% |
| MCD McDonald's Corp. | 1.33% | 4,729 | $1.5M | Add +0.0% |
| JEPI JPMorgan Equity Premium Inco | 1.15% | 22,421 | $1.3M | Add +124.1% |
| APD Air Products & Chemicals Inc. | 1.10% | 4,159 | $1.2M | No change |
| C Citigroup Inc. | 1.10% | 17,190 | $1.2M | New |
| WMT Walmart Inc. | 1.08% | 13,716 | $1.2M | Reduce -41.4% |
| GSG iShares S&P Gsci Commodity I | 1.01% | 49,310 | $1.1M | Add +1.4% |
| PPLT Abrdn Physical Platinum SHRS | 0.92% | 11,145 | $1.0M | New |
| ADX Adams Diversified Equity | 0.86% | 50,329 | $956K | Add +2.3% |
| PSA Public Storage | 0.79% | 2,928 | $876K | No change |
| IBIT iShares Bitcoin Trust ETF | 0.77% | 18,347 | $859K | Reduce -2.9% |
| XLE SS Energy Select Sector | 0.70% | 8,276 | $773K | Reduce -2.7% |
| MRK Merck & Co. Inc. | 0.68% | 8,471 | $760K | No change |
| PG The Procter & Gamble Co. | 0.63% | 4,127 | $703K | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.55% | 6,659 | $611K | Reduce -0.1% |
| MA Mastercard Inc. Class A | 0.53% | 1,076 | $590K | Add +0.1% |
| SYY Sysco Corp. | 0.53% | 7,793 | $585K | No change |
| UNP Union Pacific Corp. | 0.49% | 2,300 | $543K | No change |
| JNJ Johnson & Johnson | 0.49% | 3,254 | $540K | No change |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.48% | 10,245 | $530K | No change |
| DFS Discover Financial Services | 0.47% | 3,055 | $521K | No change |
| PM Philip Morris International | 0.47% | 3,276 | $520K | Add +0.0% |
| JPST JPMorgan Ultra-Short Income | 0.46% | 10,000 | $506K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.44% | 4,655 | $488K | No change |
| TSLA Tesla Inc. | 0.44% | 1,878 | $487K | New |
| BTZ BlackRock Credit Allocation | 0.41% | 42,500 | $456K | No change |
| ARCC Ares Capital Corp. | 0.37% | 18,600 | $412K | Reduce -0.8% |
| SCHD Schwab US DVD Equity ETF | 0.36% | 14,131 | $395K | Add +5.8% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.34% | 1,311 | $378K | Reduce -0.5% |
| PEP Pepsico Inc. | 0.33% | 2,441 | $366K | Add +0.0% |
| IWB iShares Russell 1000 ETF | 0.33% | 1,190 | $365K | No change |
| ABBV Abbvie Inc. | 0.32% | 1,715 | $359K | Reduce -8.5% |
| DUK Duke Energy Corp. | 0.31% | 2,785 | $340K | No change |
| UPS United Parcel Service Class B | 0.29% | 2,909 | $320K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 2,355 | $287K | No change |
| IWF iShares Russell 1000 Growth | 0.25% | 780 | $282K | No change |
| ABT Abbott Laboratories | 0.24% | 2,050 | $272K | No change |
| PHYS Sprott Physical Gold Trust | 0.23% | 10,640 | $256K | New |
| TSCO Tractor Supply Company | 0.22% | 4,450 | $245K | No change |
| SCHO Schwab Short-Term US Treas | 0.21% | 9,514 | $232K | No change |
| BBN BlackRock Taxable Muni BND | 0.17% | 11,624 | $194K | No change |
| CCAP Crescent Capital BDC Inc. | 0.15% | 10,000 | $171K | No change |
| PMO Franklin Muncipl Opps Tst-Ui | 0.15% | 16,748 | $171K | Reduce -26.8% |
| AMARIN CORP PLC | 0.04% | 104,000 | $47K | No change |
| ABEV Ambev SA-ADR | 0.03% | 15,000 | $35K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| SPMO Invesco S&P 500 Momentum ETF | Sold out | 0.00% | −3.14 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −1.45 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −1.30 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −1.24 |
| NVDA Nvidia Corp. | Reduce -25.8% | 1.63% | −0.96 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.86 |
| SHYG iShares 0-5 YR HY Corp. Bond | Sold out | 0.00% | −0.85 |
| AMZN Amazon.com Inc. | Reduce -13.8% | 2.87% | −0.78 |
| WMT Walmart Inc. | Reduce -41.4% | 1.08% | −0.73 |
| AVGO Broadcom Inc. | Reduce -2.6% | 1.91% | −0.67 |
| FUTY Fidelity MSCI US Utilities | Sold out | 0.00% | −0.67 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.63 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.62 |
| URA Global X Uranium ETF | Sold out | 0.00% | −0.56 |
| WOOD iShares Global Timber & Fore | Sold out | 0.00% | −0.33 |
| MSFT Microsoft Corp. | Reduce -2.0% | 2.94% | −0.27 |
| BTT BlackRock 2030 Muni TRGT TRM | Sold out | 0.00% | −0.22 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.20 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.20 |
| FSK FS KKR Capital Corp. | Sold out | 0.00% | −0.18 |
| MHN BlackRock Muniholding NY QLT | Sold out | 0.00% | −0.10 |
| IBIT iShares Bitcoin Trust ETF | Reduce -2.9% | 0.77% | −0.09 |
| BAC Bank of America Corp. | Reduce -3.0% | 1.47% | −0.05 |
| PMO Franklin Muncipl Opps Tst-Ui | Reduce -26.8% | 0.15% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.5% | 3.50% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -4.8% | 1.90% | −0.03 |
| MSTR Strategy Inc. | Reduce -0.5% | 0.34% | +0.01 |
| ARCC Ares Capital Corp. | Reduce -0.8% | 0.37% | +0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -0.1% | 0.55% | +0.03 |
| ABBV Abbvie Inc. | Reduce -8.5% | 0.32% | +0.04 |
| XLE SS Energy Select Sector | Reduce -2.7% | 0.70% | +0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| RWM Proshares Short RUSSELL2000 | New | 2.38% | +2.38 |
| AAAU Goldman Sachs Physical Gold | New | 2.04% | +2.04 |
| IAU iShares Gold Trust | Add +55.5% | 3.99% | +1.94 |
| IEUR iShares Core MSCI Europe ETF | New | 1.44% | +1.44 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +202.1% | 1.92% | +1.31 |
| C Citigroup Inc. | New | 1.10% | +1.10 |
| TBIL F/M US Treasury 3 Month Bill | Add +4.6% | 11.19% | +1.04 |
| JAAA Janus Henderson Aaa Clo ETF | Add +12.7% | 6.36% | +0.99 |
| PPLT Abrdn Physical Platinum SHRS | New | 0.92% | +0.92 |
| TFLO iShares Treasury Floating Ra | Add +9.0% | 6.60% | +0.86 |
| JEPI JPMorgan Equity Premium Inco | Add +124.1% | 1.15% | +0.66 |
| TSLA Tesla Inc. | New | 0.44% | +0.44 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +3.6% | 3.34% | +0.28 |
| VOO Vanguard S&P 500 ETF | Add +6.0% | 4.30% | +0.25 |
| PHYS Sprott Physical Gold Trust | New | 0.23% | +0.23 |
| NFLX Netflix Inc. | Add +0.6% | 1.98% | +0.19 |
| MCD McDonald's Corp. | Add +0.0% | 1.33% | +0.16 |
| SPHQ Invesco S&P 500 Quality ETF | Add +4.5% | 1.94% | +0.15 |
| PM Philip Morris International | Add +0.0% | 0.47% | +0.13 |
| GSG iShares S&P Gsci Commodity I | Add +1.4% | 1.01% | +0.10 |
| MA Mastercard Inc. Class A | Add +0.1% | 0.53% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +5.8% | 0.36% | +0.04 |
| CRM Salesforce Inc. | Add +21.1% | 1.53% | +0.03 |
| PEP Pepsico Inc. | Add +0.0% | 0.33% | +0.01 |
| ADX Adams Diversified Equity | Add +2.3% | 0.86% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 1.36% | −0.20 |
| AAPL Apple Inc. | Add +1.3% | 4.84% | −0.29 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 3.66% | −0.56 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 83 | $163.0M | TBIL, GOOG, TFLO, JAAA, AAPL |
| Q1 2026 | 74 | $136.9M | TBIL, TFLO, JAAA, GOOG, AAPL |
| Q4 2025 | 88 | $154.2M | TBIL, GOOG, JAAA, TFLO, VOO |
| Q3 2025 | 80 | $138.1M | TBIL, JAAA, TFLO, AAPL, GOOG |
| Q2 2025 | 76 | $126.4M | TBIL, TFLO, JAAA, VOO, AAPL |
| Q1 2025 | 68 | $111.1M | TBIL, TFLO, JAAA, AAPL, VOO |
| Q4 2024 | 77 | $116.7M | TBIL, TFLO, JAAA, AAPL, GOOG |