Gridiron Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 14, 2025), Gridiron Partners, LLC reported 62 stock positions worth $161.2 million. Its top holding was iShares Core U.S. Aggregate (AGG) at 26.2% of the portfolio, followed by Vanguard Total Bond Market (BND, 24.1%) and SS SPDR S&P 500 ETF Trust-US (SPY, 10.0%). Compared with Q1 2025, it opened 1 new position, sold out of 2, added to 4 and reduced 3. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +5%) and the biggest sale an exit from Virtus Convertible & Inc. FD (NCZ).

Most Recent 13F
Q2 2026
Location
Wexford, PA
CIK
0001910867
Portfolio Value
$161.2M (Q2 2025)
SEC Filing
0001172661-25-002575 ↗ filed Jul 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $156.9M Q1 2024 Q2 2024: $157.0M Q2 2024 Q3 2024: $165.2M Q3 2024 Q4 2024: $157.9M Q4 2024 Q1 2025: $156.3M Q1 2025 Q2 2025: $161.2M $161.2M Q2 2025 Q3 2025: $176.0M Q3 2025 Q4 2025: $175.5M Q4 2025 Q1 2026: $163.7M Q1 2026 Q2 2026: $190.5M Q2 2026

Holdings 62 stocks · $161.2M
AGG iShares Core U.S. Aggregate 26.20% 425,625 $42.2M Add +4.7%
BND Vanguard Total Bond Market 24.13% 528,194 $38.9M Add +3.7%
SPY SS SPDR S&P 500 ETF Trust-US 9.98% 26,033 $16.1M Add +5.1%
VTI VG Morningstar TS MKT ETF-US 5.27% 27,947 $8.5M Add +9.3%
NMZ Nuveen Muni Hi Inc. Opport 2.78% 431,778 $4.5M No change
PML PIMCO Municipal Income FD II 2.53% 547,484 $4.1M No change
NZF Nuveen Municipal Credit Inc. 2.01% 271,681 $3.2M No change
NVG Nuveen Amt-FR Muni CRDT 1.72% 232,728 $2.8M No change
XFFCX Flaherty & Crumrine Pref Inc. 1.50% 147,931 $2.4M No change
LEO BNY Mellon Strategic Muni 1.48% 403,774 $2.4M No change
XMVFX BlackRock Munivest Fund 1.46% 356,923 $2.3M Reduce -3.1%
MSFT Microsoft Corp. 1.32% 4,265 $2.1M No change
IWM iShares Russell 2000 ETF 1.25% 9,346 $2.0M No change
XNEAX Nuveen Amt-FR QLTY Muni Inc. 1.15% 169,878 $1.9M No change
MDY State Street SPDR S&P Midcap 1.11% 3,164 $1.8M No change
BTT BlackRock 2030 Muni TRGT TRM 1.03% 75,855 $1.7M No change
NMCO Nuveen Municipal Credit Opp 1.00% 149,849 $1.6M No change
VWO Vanguard Ftse Emerging Marke 0.96% 31,171 $1.5M No change
VEA Vanguard Ftse Developed ETF 0.95% 26,975 $1.5M No change
VGM Invesco Trust for Investmen 0.88% 149,983 $1.4M No change
VXUS Vanguard Total Intl Stock 0.83% 19,427 $1.3M No change
KKR KKR & Co. Inc. 0.64% 7,716 $1.0M No change
EMB iShares JP Morgan Usd Emergi 0.57% 9,985 $925K No change
VCSH Vanguard S/T Corp. Bond ETF 0.53% 10,775 $857K No change
XPMFX PIMCO Municipal Income Fund 0.52% 104,330 $833K No change
VMO Invesco Municipal Opport 0.52% 90,638 $832K No change
PSF Cohen & Steers Select Prefer 0.50% 40,295 $812K No change
BSV Vanguard Short-Term Bond ETF 0.49% 9,994 $787K No change
BFK BlackRock Municipal Inc. TRST 0.44% 74,225 $712K No change
BX Blackstone Inc. 0.41% 4,454 $666K No change
XPMAX Pioneer Municipal High Inc. 0.41% 79,023 $656K No change
DBL Doubleline Opport Credit 0.38% 40,017 $615K No change
SABA Saba Capital Income & Opp II 0.32% 56,709 $521K No change
FPF First TR Interm Dur & Inc. 0.31% 26,558 $500K No change
BBN BlackRock Taxable Muni BND 0.31% 30,531 $492K No change
QQQ Invesco QQQ Trust Series 1 0.29% 858 $473K No change
JPC Nuveen Prefered & Income Opp 0.26% 52,969 $425K No change
DLY Doubleline Yield Opport 0.26% 27,066 $422K No change
RA Brookfield Real Assets Incom 0.26% 31,552 $422K No change
PDO PIMCO Dynamic Income Opport 0.25% 29,970 $404K No change
EVN Eaton Vance Muni Inc. TR 0.24% 38,195 $391K No change
FAX Abrdn Asia-Pacific Income 0.24% 24,146 $384K Reduce -19.5%
IIM Invesco Value Municipal Inco 0.21% 28,741 $335K No change
XMHIX Pioneer Muni High Inc. TR 0.20% 35,261 $323K No change
PPG PPG Industries Inc. 0.19% 2,709 $308K No change
NBB Nuveen Taxable Municipal Inc. 0.18% 18,000 $285K No change
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.17% 48,891 $274K No change
DVY iShares Select Dividend ETF 0.16% 2,000 $266K No change
XMVTX BlackRock Munivest Fund II 0.15% 24,077 $248K No change
DSL Doubleline Income Solutions 0.15% 19,136 $234K No change
TEI Templeton Emrg MKTS Inc. 0.14% 36,570 $219K No change
BRW Saba Capital Income & Opport 0.11% 22,580 $182K No change
GOF Guggenheim Strategic Opport 0.09% 10,000 $149K No change
XFRAX BlackRock Fltng RT Inc. Strat 0.09% 10,807 $142K No change
VVR Invesco Senior Income Trust 0.09% 37,139 $141K No change
ZTR Virtus Total Return Fund Inc. 0.07% 18,683 $116K Reduce -6.8%
PPT Franklin Premir Inc. Trust-Ui 0.07% 28,985 $106K No change
EIM Eaton Vance Municipal Bond 0.06% 10,392 $100K No change
KTF DWS Municipal Income Trust 0.06% 10,445 $92K No change
PFN PIMCO Income Strategy FD II 0.05% 10,869 $80K New
MFM Aberdeen Municipal Income 0.04% 11,873 $61K No change
PIM Franklin Master Interm IT-Ui filed as PUTNAM MASTER INTER INCOME T 0.02% 10,507 $35K No change

Portfolio Sells Q1 2025 → Q2 2025
NCZ Virtus Convertible & Inc. FD Sold out 0.00% −1.00
NCV Virtus Convertible & Income Sold out 0.00% −0.62
XMVFX BlackRock Munivest Fund Reduce -3.1% 1.46% −0.20
FAX Abrdn Asia-Pacific Income Reduce -19.5% 0.24% −0.06
ZTR Virtus Total Return Fund Inc. Reduce -6.8% 0.07% −0.00

Portfolio Buys Q1 2025 → Q2 2025
SPY SS SPDR S&P 500 ETF Trust-US Add +5.1% 9.98% +1.12
VTI VG Morningstar TS MKT ETF-US Add +9.3% 5.27% +0.77
AGG iShares Core U.S. Aggregate Add +4.7% 26.20% +0.47
BND Vanguard Total Bond Market Add +3.7% 24.13% +0.20
PFN PIMCO Income Strategy FD II New 0.05% +0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 51$190.5MAGG, BND, SPY, VTI, EMB
Q1 2026 47$163.7MAGG, BND, SPY, VTI, PML
Q4 2025 59$175.5MAGG, BND, SPY, VTI, PML
Q3 2025 67$176.0MAGG, BND, SPY, VTI, PML
Q2 2025 62$161.2MAGG, BND, SPY, VTI, NMZ
Q1 2025 63$156.3MAGG, BND, SPY, VTI, NMZ
Q4 2024 63$157.9MAGG, BND, SPY, VTI, NMZ
Q3 2024 64$165.2MAGG, BND, SPY, VTI, PML
Q2 2024 63$157.0MAGG, BND, SPY, VTI, NMZ
Q1 2024 63$156.9MAGG, BND, SPY, VTI, NMZ