Generation Capital Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Generation Capital Management LLC reported 88 stock positions worth $154.2 million. Its top holding was F/M US Treasury 3 Month Bill (TBIL) at 8.4% of the portfolio, followed by Alphabet Class C (GOOG, 5.9%) and Janus Henderson Aaa Clo ETF (JAAA, 5.5%). Compared with Q3 2025, it opened 11 new positions, sold out of 3, added to 43 and reduced 9. The biggest buy was Vanguard Total Bond Market (BND, shares +206%) and the biggest sale an exit from Defiance Quantum ETF (QTUM).

Most Recent 13F
Q2 2026
Location
PITTSFORD, NY
CIK
0002054384
Portfolio Value
$154.2M (Q4 2025)
SEC Filing
0001214659-26-001664 ↗ filed Feb 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $116.7M Q4 2024 Q1 2025: $111.1M Q1 2025 Q2 2025: $126.4M Q2 2025 Q3 2025: $138.1M Q3 2025 Q4 2025: $154.2M $154.2M Q4 2025 Q1 2026: $136.9M Q1 2026 Q2 2026: $163.0M Q2 2026

Holdings 88 stocks · $154.2M
TBIL F/M US Treasury 3 Month Bill 8.43% 260,693 $13.0M Add +3.5%
GOOG Alphabet Inc. Class C 5.88% 28,914 $9.1M Add +16.2%
JAAA Janus Henderson Aaa Clo ETF 5.45% 166,268 $8.4M Add +9.7%
TFLO iShares Treasury Floating Ra 5.42% 165,577 $8.4M Add +9.4%
VOO Vanguard S&P 500 ETF 4.40% 10,814 $6.8M Add +9.6%
AAPL Apple Inc. 4.35% 24,647 $6.7M Add +0.9%
SPY SS SPDR S&P 500 ETF Trust-US 3.16% 7,156 $4.9M Add +6.8%
SJNK SS SPDR BB St Hi Yield ETF 2.85% 173,615 $4.4M Add +60.9%
MSFT Microsoft Corp. 2.81% 8,948 $4.3M Add +1.4%
AVGO Broadcom Inc. 2.65% 11,799 $4.1M Reduce -5.9%
AMZN Amazon.com Inc. 2.58% 17,252 $4.0M Add +2.2%
BND Vanguard Total Bond Market 2.55% 52,987 $3.9M Add +205.8%
FLRN SS SPDR BB Ig Float RT ETF 2.50% 125,696 $3.9M Add +11.8%
NVDA Nvidia Corp. 2.43% 20,066 $3.7M Add +6.4%
IAU iShares Gold Trust 2.41% 45,860 $3.7M Add +7.4%
IVV iShares Core S&P 500 ETF 2.12% 4,779 $3.3M Add +0.2%
SPHQ Invesco S&P 500 Quality ETF 1.98% 40,602 $3.0M Add +10.2%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 1.74% 46,165 $2.7M Add +7.8%
GOOGL Alphabet Inc. Class A 1.67% 8,223 $2.6M Add +0.3%
META Meta Platforms Inc. Class A 1.55% 3,617 $2.4M Add +1.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.30% 36,428 $2.0M Add +2.6%
NFLX Netflix Inc. 1.29% 21,240 $2.0M Reduce -9.5%
IEUR iShares Core MSCI Europe ETF 1.26% 27,341 $1.9M Add +3.3%
TSLA Tesla Inc. 1.19% 4,096 $1.8M Add +39.0%
C Citigroup Inc. 1.19% 15,680 $1.8M Add +0.6%
JEPI JPMorgan Equity Premium Inco 1.10% 29,632 $1.7M Add +8.2%
SIVR Abrdn Physical Silver Shares 1.08% 24,715 $1.7M New
IEI iShares 3-7 Year Treasury Bo 1.06% 13,639 $1.6M Add +5.6%
WMT Walmart Inc. 1.00% 13,804 $1.5M No change
MCD McDonald's Corp. 0.95% 4,793 $1.5M No change
AAAU Goldman Sachs Physical Gold 0.95% 34,270 $1.5M Add +10.4%
IEF iShares 7-10 Year Treasury B 0.94% 15,086 $1.5M Add +0.8%
UBER Uber Technologies Inc. 0.92% 17,425 $1.4M Add +5.2%
HOOD Robinhood Markets Inc. Class A 0.76% 10,393 $1.2M Add +8.0%
UNH Unitedhealth Group Inc. 0.76% 3,556 $1.2M Add +2.1%
IBIT iShares Bitcoin Trust ETF 0.71% 21,979 $1.1M Add +2.9%
APD Air Products & Chemicals Inc. 0.68% 4,231 $1.0M No change
ADX Adams Diversified Equity 0.66% 43,896 $1.0M Reduce -5.5%
NKE Nike Inc. Class B 0.66% 15,977 $1.0M Reduce -33.9%
JPST JPMorgan Ultra-Short Income 0.61% 18,500 $936K Add +85.0%
SOFI Sofi Technologies Inc. 0.59% 35,045 $917K New
MRK Merck & Co. Inc. 0.58% 8,471 $892K No change
XLY SS Consumer Disc Select Sect 0.57% 7,330 $875K New
IWF iShares Russell 1000 Growth 0.53% 1,736 $822K Add +12.2%
EFA iShares MSCI Eafe ETF 0.50% 8,027 $771K Add +27.9%
COF Capital One Financial Corp. 0.50% 3,171 $768K No change
PSA Public Storage 0.49% 2,928 $760K No change
JNJ Johnson & Johnson 0.46% 3,419 $708K Add +0.1%
NOW ServiceNow Inc. 0.45% 4,490 $688K Add +2.0%
MA Mastercard Inc. Class A 0.42% 1,147 $655K No change
PALL Abrdn Physical Palladium SHS 0.41% 4,300 $625K New
BIL SS SPDR BB 1-3M T-Bill ETF 0.38% 6,481 $592K Reduce -0.3%
PG The Procter & Gamble Co. 0.38% 4,127 $591K No change
SYY Sysco Corp. 0.37% 7,793 $574K No change
UNP Union Pacific Corp. 0.36% 2,376 $550K No change
VB Vanguard Most SM-Cap ETF-Usd 0.35% 2,084 $538K Reduce -61.6%
XLV SS Health Care Select Sector 0.30% 3,000 $464K New
VPL Vanguard Ftse Pacific ETF 0.29% 5,000 $452K New
XLE SS Energy Select Sector 0.29% 10,018 $448K Add +1.6%
IWB iShares Russell 1000 ETF 0.29% 1,190 $444K No change
COPX Global X Copper Miners ETF 0.29% 6,140 $441K New
PM Philip Morris International 0.28% 2,675 $429K Reduce -63.0%
ABBV Abbvie Inc. 0.27% 1,832 $419K Add +0.1%
MU Micron Technology Inc. 0.26% 1,425 $407K Add +0.1%
DEO Diageo PLC-Sponsored ADR 0.25% 4,555 $393K No change
SCHD Schwab US DVD Equity ETF 0.25% 14,131 $388K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.25% 2,468 $379K No change
ARCC Ares Capital Corp. 0.24% 18,600 $376K No change
PEP Pepsico Inc. 0.24% 2,580 $370K No change
VKTX Viking Therapeutics Inc. 0.22% 9,630 $339K No change
DUK Duke Energy Corp. 0.21% 2,785 $326K No change
PPLT Abrdn Physical Platinum SHRS 0.20% 1,675 $312K Reduce -48.5%
OSCR Oscar Health Inc. Class A 0.20% 21,020 $302K Add +1.1%
SCCO Southern Copper Corp. 0.19% 2,091 $300K New
UPS United Parcel Service Class B 0.19% 2,909 $289K Reduce -1.9%
IWM iShares Russell 2000 ETF 0.18% 1,155 $284K New
JPM JPMorgan Chase & Co. 0.18% 871 $281K Add +29.8%
QQQ Invesco QQQ Trust Series 1 0.18% 445 $273K New
ABT Abbott Laboratories 0.17% 2,109 $264K No change
PMO Franklin Muncipl Opps Tst-Ui 0.16% 22,748 $243K Add +35.8%
TSCO Tractor Supply Company 0.16% 4,783 $239K No change
ORCL Oracle Corp. 0.15% 1,221 $238K No change
SCHO Schwab Short-Term US Treas 0.15% 9,514 $232K No change
XLF SS Financial Select Sector 0.15% 4,230 $232K Add +3.7%
CSX CSX Corp. 0.15% 6,256 $227K No change
SPEM State Street SP PTF Em ETF 0.14% 4,750 $222K New
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 424 $207K No change
ABEV Ambev SA-ADR 0.02% 15,000 $37K No change

Portfolio Sells Q3 2025 → Q4 2025
QTUM Defiance Quantum ETF Sold out 0.00% −0.91
NFLX Netflix Inc. Reduce -9.5% 1.29% −0.75
VB Vanguard Most SM-Cap ETF-Usd Reduce -61.6% 0.35% −0.65
PM Philip Morris International Reduce -63.0% 0.28% −0.57
NKE Nike Inc. Class B Reduce -33.9% 0.66% −0.56
AVGO Broadcom Inc. Reduce -5.9% 2.65% −0.35
UFO Procure Space ETF Sold out 0.00% −0.34
BBN BlackRock Taxable Muni BND Sold out 0.00% −0.14
PPLT Abrdn Physical Platinum SHRS Reduce -48.5% 0.20% −0.13
ADX Adams Diversified Equity Reduce -5.5% 0.66% −0.09
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -0.3% 0.38% −0.05
UPS United Parcel Service Class B Reduce -1.9% 0.19% +0.01

Portfolio Buys Q3 2025 → Q4 2025
BND Vanguard Total Bond Market Add +205.8% 2.55% +1.61
GOOG Alphabet Inc. Class C Add +16.2% 5.88% +1.49
SIVR Abrdn Physical Silver Shares New 1.08% +1.08
SJNK SS SPDR BB St Hi Yield ETF Add +60.9% 2.85% +0.85
SOFI Sofi Technologies Inc. New 0.59% +0.59
XLY SS Consumer Disc Select Sect New 0.57% +0.57
PALL Abrdn Physical Palladium SHS New 0.41% +0.41
XLV SS Health Care Select Sector New 0.30% +0.30
VPL Vanguard Ftse Pacific ETF New 0.29% +0.29
COPX Global X Copper Miners ETF New 0.29% +0.29
TSLA Tesla Inc. Add +39.0% 1.19% +0.25
JPST JPMorgan Ultra-Short Income Add +85.0% 0.61% +0.24
GOOGL Alphabet Inc. Class A Add +0.3% 1.67% +0.23
SCCO Southern Copper Corp. New 0.19% +0.19
IWM iShares Russell 2000 ETF New 0.18% +0.18
QQQ Invesco QQQ Trust Series 1 New 0.18% +0.18
IAU iShares Gold Trust Add +7.4% 2.41% +0.16
SPEM State Street SP PTF Em ETF New 0.14% +0.14
MU Micron Technology Inc. Add +0.1% 0.26% +0.09
AAAU Goldman Sachs Physical Gold Add +10.4% 0.95% +0.09
EFA iShares MSCI Eafe ETF Add +27.9% 0.50% +0.08
C Citigroup Inc. Add +0.6% 1.19% +0.04
PMO Franklin Muncipl Opps Tst-Ui Add +35.8% 0.16% +0.03
JPM JPMorgan Chase & Co. Add +29.8% 0.18% +0.03
VOO Vanguard S&P 500 ETF Add +9.6% 4.40% +0.02
SPHQ Invesco S&P 500 Quality ETF Add +10.2% 1.98% +0.02
IWF iShares Russell 1000 Growth Add +12.2% 0.53% +0.01
JNJ Johnson & Johnson Add +0.1% 0.46% +0.00
FLRN SS SPDR BB Ig Float RT ETF Add +11.8% 2.50% −0.01
XLF SS Financial Select Sector Add +3.7% 0.15% −0.01
BAC Bank of America Corp. Add +2.6% 1.30% −0.03
XLE SS Energy Select Sector Add +1.6% 0.29% −0.03
JEPI JPMorgan Equity Premium Inco Add +8.2% 1.10% −0.03
ABBV Abbvie Inc. Add +0.1% 0.27% −0.04
JEPQ JPM Nasdaq Equity Premium Add +7.8% 1.74% −0.04
IEUR iShares Core MSCI Europe ETF Add +3.3% 1.26% −0.05
IEI iShares 3-7 Year Treasury Bo Add +5.6% 1.06% −0.06
SPY SS SPDR S&P 500 ETF Trust-US Add +6.8% 3.16% −0.07
OSCR Oscar Health Inc. Class A Add +1.1% 0.20% −0.09
AMZN Amazon.com Inc. Add +2.2% 2.58% −0.10
IEF iShares 7-10 Year Treasury B Add +0.8% 0.94% −0.10
UNH Unitedhealth Group Inc. Add +2.1% 0.76% −0.11
JAAA Janus Henderson Aaa Clo ETF Add +9.7% 5.45% −0.12
NVDA Nvidia Corp. Add +6.4% 2.43% −0.12
TFLO iShares Treasury Floating Ra Add +9.4% 5.42% −0.12
NOW ServiceNow Inc. Add +2.0% 0.45% −0.14
AAPL Apple Inc. Add +0.9% 4.35% −0.16
IVV iShares Core S&P 500 ETF Add +0.2% 2.12% −0.19
HOOD Robinhood Markets Inc. Class A Add +8.0% 0.76% −0.24
UBER Uber Technologies Inc. Add +5.2% 0.92% −0.25

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 83$163.0MTBIL, GOOG, TFLO, JAAA, AAPL
Q1 2026 74$136.9MTBIL, TFLO, JAAA, GOOG, AAPL
Q4 2025 88$154.2MTBIL, GOOG, JAAA, TFLO, VOO
Q3 2025 80$138.1MTBIL, JAAA, TFLO, AAPL, GOOG
Q2 2025 76$126.4MTBIL, TFLO, JAAA, VOO, AAPL
Q1 2025 68$111.1MTBIL, TFLO, JAAA, AAPL, VOO
Q4 2024 77$116.7MTBIL, TFLO, JAAA, AAPL, GOOG