Ground Swell Capital, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 7, 2024), Ground Swell Capital, LLC reported 168 stock positions worth $103.4 million. Its top holding was iShares Russell 2000 ETF (IWM) at 24.1% of the portfolio, followed by iShares 20+ Year Treasury BD (TLT, 19.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 17.5%). Compared with Q1 2024, it opened 157 new positions, sold out of 57, added to 6 and reduced 5. The biggest buy was iShares Russell 2000 ETF (IWM, shares +169%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- FOLLY BEACH, SC
- CIK
- 0001534450
- Portfolio Value
- $103.4M (Q2 2024)
- SEC Filing
- 0001420506-24-001294 ↗ filed Aug 7, 2024
Holdings Value
Holdings 168 stocks · $103.4M
| IWM iShares Russell 2000 ETF | 24.11% | 122,865 | $24.9M | Add +169.1% |
| TLT iShares 20+ Year Treasury BD | 19.88% | 224,022 | $20.6M | Reduce -61.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 17.52% | 33,295 | $18.1M | Add +49.8% |
| COST Costco Wholesale Corp. | 1.63% | 1,981 | $1.7M | New |
| ICLR Icon PLC | 1.61% | 5,295 | $1.7M | New |
| IWB iShares Russell 1000 ETF | 1.57% | 5,457 | $1.6M | New |
| PEP Pepsico Inc. | 1.16% | 7,260 | $1.2M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 1.09% | 2,947 | $1.1M | New |
| IWV iShares Russell 3000 ETF | 1.08% | 3,632 | $1.1M | New |
| IWF iShares Russell 1000 Growth | 0.99% | 2,795 | $1.0M | New |
| MAR Marriott International Class A | 0.93% | 3,993 | $965K | New |
| GEHC GE Healthcare Technology | 0.91% | 12,058 | $940K | New |
| XOP SS SPDR S&P Og Exp & Prod | 0.90% | 6,420 | $934K | New |
| PTC PTC Inc. | 0.88% | 5,028 | $913K | New |
| AXON Axon Enterprise Inc. | 0.70% | 2,474 | $728K | Add +246.0% |
| WDAY Workday Inc. Class A | 0.70% | 3,227 | $721K | New |
| AAPL Apple Inc. | 0.64% | 3,163 | $666K | New |
| CART Maplebear Inc. | 0.60% | 19,205 | $617K | New |
| VRSK Verisk Analytics Inc. | 0.59% | 2,254 | $608K | Add +80.0% |
| INTU Intuit Inc. | 0.58% | 911 | $599K | New |
| LULU Lululemon Athletica Inc. | 0.56% | 1,929 | $576K | New |
| MANH Manhattan Associates Inc. | 0.53% | 2,225 | $549K | New |
| FWONK Liberty Media Corp. Class C | 0.52% | 7,549 | $542K | New |
| ALAB Astera Labs Inc. | 0.51% | 8,663 | $524K | New |
| AEP American Electric Power | 0.49% | 5,751 | $505K | Reduce -33.9% |
| LSXMA Liberty Media Corp. Class A New | 0.47% | 21,878 | $485K | New |
| DIREXION DAILY SEMI BEAR 3X | 0.47% | 21,314 | $483K | New |
| CPRT Copart Inc. | 0.46% | 8,837 | $479K | New |
| VNOM Viper Energy Inc. | 0.45% | 12,521 | $470K | New |
| PCTY Paylocity Holding Corp. | 0.45% | 3,518 | $464K | New |
| AMAT Applied Materials Inc. | 0.44% | 1,943 | $459K | New |
| TER Teradyne Inc. | 0.42% | 2,937 | $436K | Add +42.5% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.41% | 4,329 | $423K | New |
| VRSN Verisign Inc. | 0.41% | 2,369 | $421K | New |
| ROST Ross Stores Inc. | 0.40% | 2,842 | $413K | New |
| KWEB Kranesh Csi China Internet | 0.39% | 15,000 | $405K | New |
| EURL Dir Da FTS Eur Bu 3X ETF-Usd | 0.38% | 15,510 | $392K | New |
| TNDM Tandem Diabetes Care Inc. | 0.38% | 9,698 | $391K | New |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.38% | 2,592 | $390K | New |
| MIRM Mirum Pharmaceuticals Inc. | 0.36% | 10,780 | $369K | New |
| ADI Analog Devices Inc. | 0.34% | 1,520 | $347K | Reduce -65.0% |
| FANG Diamondback Energy Inc. | 0.33% | 1,708 | $342K | New |
| MDLZ Mondelez International Inc. Class A | 0.33% | 5,181 | $339K | New |
| DKS Dick's Sporting Goods Inc. | 0.33% | 1,571 | $338K | New |
| SPSB SS SPDR P St C Corp. ETF | 0.32% | 11,254 | $334K | New |
| PFG Principal Financial Group | 0.32% | 4,241 | $333K | New |
| ODFL Old Dominion Freight Line | 0.32% | 1,848 | $326K | New |
| VCTR Victory Capital Holding - A | 0.31% | 6,769 | $323K | New |
| XEL Xcel Energy Inc. | 0.30% | 5,828 | $311K | New |
| CPT Camden Property Trust | 0.30% | 2,797 | $305K | New |
| IXJ iShares Global Healthcare Et | 0.29% | 3,221 | $299K | New |
| TXN Texas Instruments Inc. | 0.28% | 1,486 | $289K | New |
| MTD Mettler-Toledo International | 0.28% | 206 | $288K | New |
| NWS News Corp. Class B | 0.27% | 9,784 | $278K | New |
| CB Chubb Ltd. | 0.27% | 1,087 | $277K | New |
| ALGN Align Technology Inc. | 0.27% | 1,145 | $276K | New |
| PODD Insulet Corp. | 0.26% | 1,343 | $271K | New |
| GH Guardant Health Inc. | 0.26% | 9,350 | $270K | New |
| CSGP Costar Group Inc. | 0.26% | 3,621 | $268K | New |
| GWRE Guidewire Software Inc. | 0.26% | 1,942 | $268K | New |
| VYM Vanguard High DVD Yield ETF | 0.26% | 2,244 | $266K | New |
| EEFT Euronet Worldwide Inc. | 0.25% | 2,511 | $260K | New |
| MRK Merck & Co. Inc. | 0.25% | 2,075 | $257K | New |
| HAS Hasbro Inc. | 0.24% | 4,289 | $251K | New |
| IGLB iShares 10+ Year Inv GR Corp. | 0.24% | 4,898 | $245K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 593 | $241K | New |
| CCOI Cogent Communications Holdin | 0.23% | 4,273 | $241K | New |
| NDSN Nordson Corp. | 0.23% | 1,036 | $240K | New |
| MTSI Macom Technology Solutions H | 0.22% | 2,015 | $225K | New |
| IWP iShares Russell Mid-Cap Grow | 0.22% | 2,035 | $225K | New |
| AMP Ameriprise Financial Inc. | 0.22% | 523 | $223K | New |
| SM SM Energy Co. | 0.21% | 5,120 | $221K | New |
| BURL Burlington Stores Inc. | 0.21% | 921 | $221K | New |
| EXAS Exact Sciences Corp. | 0.21% | 5,205 | $220K | New |
| RS Reliance Inc. | 0.20% | 727 | $208K | New |
| NLY Annaly Capital Management Inc. | 0.20% | 10,782 | $206K | New |
| VEEV Veeva Systems Inc. Class A | 0.19% | 1,098 | $201K | New |
| CVX Chevron Corp. | 0.19% | 1,280 | $200K | New |
| ARHS Arhaus Inc. | 0.18% | 10,831 | $183K | New |
| RIGL Rigel Pharmaceuticals Inc. | 0.14% | 17,094 | $141K | New |
| CMPX Compass Therapeutics Inc. | 0.12% | 124,394 | $124K | New |
| NG Novagold Resources Inc. | 0.12% | 35,814 | $124K | New |
| LILA Liberty Latin Americ Class A | 0.12% | 12,685 | $122K | New |
| UAA Under Armour Inc. Class A | 0.11% | 16,884 | $113K | New |
| INTT Intest Corp. | 0.11% | 11,337 | $112K | New |
| AUR Aurora Innovation Inc. | 0.11% | 40,336 | $112K | New |
| TELL Tellurian Inc. | 0.10% | 153,750 | $106K | New |
| QS Quantumscape Corp. | 0.09% | 19,410 | $95K | New |
| NPKI NPK International Inc. filed as NEWPARK RES INC | 0.09% | 10,973 | $91K | New |
| LICYQ Li-Cycle Holdings Corp. | 0.09% | 13,565 | $89K | New |
| SGMT Sagimet Biosciences Inc. Class A | 0.07% | 22,687 | $78K | New |
| SLDB Solid Biosciences Inc. | 0.07% | 13,469 | $76K | New |
| PLX Protalix Biotherapeutics Inc. | 0.07% | 62,234 | $73K | New |
| PDSB PDS Biotechnology Corp. | 0.06% | 22,700 | $67K | New |
| MAIA Maia Biotechnology Inc. | 0.05% | 16,460 | $56K | New |
| TELA Tela Bio Inc. | 0.05% | 11,319 | $53K | New |
| BIOAFFINITY TECHNOLOGIES INC | 0.05% | 22,864 | $49K | New |
| OM Outset Medical Inc. | 0.05% | 12,798 | $49K | New |
| GRANITESHARES ETF TR | 0.05% | 21,929 | $48K | Add +117.5% |
| PINEAPPLE ENERGY INC | 0.05% | 34,894 | $47K | New |
Options reported separately and not counted above: TLT calls ($22.9M), TSLA calls ($2.0M), CMG puts ($940K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $5K (not counted above)
Total filed on the 13F, all lines: $103.4M.
Portfolio Sells Q1 2024 → Q2 2024
| TLT iShares 20+ Year Treasury BD | Reduce -61.6% | 19.88% | −38.05 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −2.06 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −1.05 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −1.00 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.99 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.99 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.76 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.62 |
| FPE FT-Preferred Secur & Inc. ETF | Sold out | 0.00% | −0.59 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.59 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.59 |
| ADI Analog Devices Inc. | Reduce -65.0% | 0.34% | −0.56 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.48 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −0.48 |
| WTM White Mountains Insurance GP | Sold out | 0.00% | −0.47 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.44 |
| AOA iShares Core 80/20 Aggressiv | Sold out | 0.00% | −0.43 |
| NVR NVR Inc. | Sold out | 0.00% | −0.42 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Sold out | 0.00% | −0.41 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.40 |
| LECO Lincoln Electric Holdings | Sold out | 0.00% | −0.40 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Sold out | 0.00% | −0.35 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.32 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.30 |
| AEP American Electric Power | Reduce -33.9% | 0.49% | −0.30 |
| PGX Invesco Preferred ETF | Sold out | 0.00% | −0.27 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.27 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.26 |
| CELH Celsius Holdings Inc. | Sold out | 0.00% | −0.25 |
| GTLB Gitlab Inc. Class A | Sold out | 0.00% | −0.24 |
| WEX Wex Inc. | Sold out | 0.00% | −0.24 |
| LAD Lithia Motors Inc. | Sold out | 0.00% | −0.24 |
| RH RH | Sold out | 0.00% | −0.23 |
| SNX TD Synnex Corp. | Sold out | 0.00% | −0.23 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.23 |
| ACIC American Coastal Insurance C | Sold out | 0.00% | −0.12 |
| ICMB Investcorp Credit Management | Sold out | 0.00% | −0.04 |
| CTRM Castor Maritime Inc. | Sold out | 0.00% | −0.04 |
| GLDG Goldmining Inc. | Sold out | 0.00% | −0.04 |
| LCID Lucid Group Inc. | Sold out | 0.00% | −0.04 |
| ZOMDF Zomedica Corp. | Reduce -84.5% | 0.01% | −0.04 |
| WETH Wetouch Technology Inc. | Sold out | 0.00% | −0.03 |
| CHINA LIBERAL ED HLDGS LTD | Sold out | 0.00% | −0.03 |
| XNET Xunlei Ltd.-ADR | Sold out | 0.00% | −0.03 |
| EQ Equillium Inc. | Sold out | 0.00% | −0.03 |
| UNICYCIVE THERAPEUTICS INC | Sold out | 0.00% | −0.03 |
| PAAI Paradium AI Inc. | Sold out | 0.00% | −0.02 |
| DNN Denison Mines Corp. | Sold out | 0.00% | −0.02 |
| OPTINOSE INC | Sold out | 0.00% | −0.02 |
| INAB IN8BIO Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| IWM iShares Russell 2000 ETF | Add +169.1% | 24.11% | +14.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +49.8% | 17.52% | +5.33 |
| COST Costco Wholesale Corp. | New | 1.63% | +1.63 |
| ICLR Icon PLC | New | 1.61% | +1.61 |
| IWB iShares Russell 1000 ETF | New | 1.57% | +1.57 |
| PEP Pepsico Inc. | New | 1.16% | +1.16 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 1.09% | +1.09 |
| IWV iShares Russell 3000 ETF | New | 1.08% | +1.08 |
| IWF iShares Russell 1000 Growth | New | 0.99% | +0.99 |
| MAR Marriott International Class A | New | 0.93% | +0.93 |
| GEHC GE Healthcare Technology | New | 0.91% | +0.91 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.90% | +0.90 |
| PTC PTC Inc. | New | 0.88% | +0.88 |
| WDAY Workday Inc. Class A | New | 0.70% | +0.70 |
| AAPL Apple Inc. | New | 0.64% | +0.64 |
| CART Maplebear Inc. | New | 0.60% | +0.60 |
| INTU Intuit Inc. | New | 0.58% | +0.58 |
| LULU Lululemon Athletica Inc. | New | 0.56% | +0.56 |
| MANH Manhattan Associates Inc. | New | 0.53% | +0.53 |
| FWONK Liberty Media Corp. Class C | New | 0.52% | +0.52 |
| ALAB Astera Labs Inc. | New | 0.51% | +0.51 |
| AXON Axon Enterprise Inc. | Add +246.0% | 0.70% | +0.47 |
| LSXMA Liberty Media Corp. Class A New | New | 0.47% | +0.47 |
| DIREXION DAILY SEMI BEAR 3X | New | 0.47% | +0.47 |
| CPRT Copart Inc. | New | 0.46% | +0.46 |
| VNOM Viper Energy Inc. | New | 0.45% | +0.45 |
| PCTY Paylocity Holding Corp. | New | 0.45% | +0.45 |
| AMAT Applied Materials Inc. | New | 0.44% | +0.44 |
| TTD Trade Desk Inc./the Class A | New | 0.41% | +0.41 |
| VRSN Verisign Inc. | New | 0.41% | +0.41 |
| ROST Ross Stores Inc. | New | 0.40% | +0.40 |
| KWEB Kranesh Csi China Internet | New | 0.39% | +0.39 |
| EURL Dir Da FTS Eur Bu 3X ETF-Usd | New | 0.38% | +0.38 |
| TNDM Tandem Diabetes Care Inc. | New | 0.38% | +0.38 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.38% | +0.38 |
| MIRM Mirum Pharmaceuticals Inc. | New | 0.36% | +0.36 |
| FANG Diamondback Energy Inc. | New | 0.33% | +0.33 |
| MDLZ Mondelez International Inc. Class A | New | 0.33% | +0.33 |
| DKS Dick's Sporting Goods Inc. | New | 0.33% | +0.33 |
| SPSB SS SPDR P St C Corp. ETF | New | 0.32% | +0.32 |
| PFG Principal Financial Group | New | 0.32% | +0.32 |
| ODFL Old Dominion Freight Line | New | 0.32% | +0.32 |
| VCTR Victory Capital Holding - A | New | 0.31% | +0.31 |
| XEL Xcel Energy Inc. | New | 0.30% | +0.30 |
| CPT Camden Property Trust | New | 0.30% | +0.30 |
| IXJ iShares Global Healthcare Et | New | 0.29% | +0.29 |
| TXN Texas Instruments Inc. | New | 0.28% | +0.28 |
| MTD Mettler-Toledo International | New | 0.28% | +0.28 |
| VRSK Verisk Analytics Inc. | Add +80.0% | 0.59% | +0.28 |
| NWS News Corp. Class B | New | 0.27% | +0.27 |
Options Activity Q1 2024 → Q2 2024
| TLT iShares 20+ Year Treasury BD | call | New | 250,000 | $22.9M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 25,000 | $13.1Mbefore exit |
| TSLA Tesla Inc. | call | New | 10,000 | $2.0M |
| CMG Chipotle Mexican Grill Inc. | call | Sold out | 15,000 | $872Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| MMVXF Multimetaverse Holdings -27 | *W EXP 01/04/202 | Reduce -0.3% | 145,597 | $4K |
| HYMCW Hycroft Mining Holding | *W EXP 05/29/202 | Reduce -19.5% | 105,240 | $2K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 135 | $91.3M | IVV, SPCX, IWM, ASML, CBRS |
| Q1 2026 | 108 | $48.3M | VOO, QQQ, PPH, NVDA, AAPL |
| Q4 2025 | 83 | $48.5M | QQQ, PNFP, NXPI, TLT, TSLA |
| Q3 2025 | 126 | $45.5M | RSP, IWB, EFA, STIP, MSFT |
| Q2 2025 | 137 | $60.6M | SPY, IWM, IWB, KRE, IXJ |
| Q1 2025 | 149 | $42.5M | TLT, MCHP, COIN, NXPI, KOKU |
| Q4 2024 | 140 | $45.9M | TLT, IWN, SPY, ADP, XOP |
| Q3 2024 | 142 | $70.0M | TLT, MSFT, AAPL, SPGI, SBUX |
| Q2 2024 | 168 | $103.4M | IWM, TLT, SPY, COST, ICLR |
| Q1 2024 | 68 | $95.4M | TLT, SPY, IWM, XBI, EDV |