Ground Swell Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Ground Swell Capital, LLC reported 83 stock positions worth $48.5 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 63.3% of the portfolio, followed by Pinnacle Financial Partners (PNFP, 2.8%) and NXP Semiconductors (NXPI, 2.2%). Compared with Q3 2025, it opened 71 new positions, sold out of 114, added to 3 and reduced 9. The biggest buy was a new position in Invesco QQQ Trust Series 1 (QQQ) and the biggest sale an exit from Invesco S&P 500 Equal Weight (RSP).
- Most Recent 13F
- Q2 2026
- Location
- FOLLY BEACH, SC
- CIK
- 0001534450
- Portfolio Value
- $48.5M (Q4 2025)
- SEC Filing
- 0001420506-26-000162 ↗ filed Feb 4, 2026
Holdings Value
Holdings 83 stocks · $48.5M
| QQQ Invesco QQQ Trust Series 1 | 63.28% | 50,000 | $30.7M | New |
| PNFP Pinnacle Financial Partners | 2.76% | 14,042 | $1.3M | New |
| NXPI NXP Semiconductors NV | 2.21% | 4,944 | $1.1M | New |
| TLT iShares 20+ Year Treasury BD | 2.19% | 12,175 | $1.1M | New |
| TSLA Tesla Inc. | 1.38% | 1,484 | $667K | New |
| ROKU Roku Inc. | 1.13% | 5,038 | $547K | New |
| GOOG Alphabet Inc. Class C | 1.12% | 1,727 | $542K | New |
| PEP Pepsico Inc. | 1.01% | 3,424 | $491K | New |
| AMZN Amazon.com Inc. | 0.98% | 2,065 | $477K | New |
| SOXL Direx Dail Semi Bu 3X Et-Usd | 0.97% | 11,236 | $472K | New |
| SNV Synovus Financial Corp. | 0.89% | 8,623 | $432K | New |
| AMD Advanced Micro Devices | 0.88% | 1,999 | $428K | New |
| DOCU Docusign Inc. | 0.83% | 5,875 | $402K | New |
| ONDS Ondas Inc. filed as ONDAS HLDGS INC | 0.82% | 40,623 | $396K | New |
| ISRG Intuitive Surgical Inc. | 0.80% | 686 | $389K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.71% | 1,339 | $345K | New |
| HON Honeywell International Inc. | 0.66% | 1,654 | $323K | New |
| DASH DoorDash Inc. Class A | 0.66% | 1,414 | $320K | Reduce -15.8% |
| TER Teradyne Inc. | 0.65% | 1,632 | $316K | New |
| TXN Texas Instruments Inc. | 0.64% | 1,791 | $311K | New |
| AMGN Amgen Inc. | 0.63% | 931 | $305K | New |
| AAPL Apple Inc. | 0.62% | 1,107 | $301K | New |
| IWD iShares Russell 1000 Value E | 0.61% | 1,411 | $297K | Reduce -51.8% |
| AEM Agnico Eagle Mines Ltd. | 0.60% | 1,714 | $291K | New |
| ORCL Oracle Corp. | 0.57% | 1,411 | $275K | New |
| FROG Jfrog Ltd. | 0.55% | 4,277 | $267K | New |
| MRK Merck & Co. Inc. | 0.54% | 2,492 | $262K | New |
| ADP Automatic Data Processing | 0.52% | 990 | $255K | Reduce -25.3% |
| MMM 3M Co. | 0.52% | 1,589 | $254K | New |
| NTAP Netapp Inc. | 0.50% | 2,267 | $243K | New |
| CORT Corcept Therapeutics Inc. | 0.49% | 6,885 | $240K | New |
| AGYS Agilysys Inc. | 0.48% | 1,963 | $233K | New |
| TSEM Tower Semiconductor Ltd. | 0.48% | 1,980 | $232K | New |
| XHB SS SPDR S&P Homebldrs ETF | 0.46% | 2,186 | $225K | Reduce -26.9% |
| LPLA LPL Financial Holdings Inc. | 0.46% | 628 | $224K | Reduce -22.4% |
| ROST Ross Stores Inc. | 0.46% | 1,235 | $222K | New |
| IGOV iShares International Treasu | 0.46% | 5,334 | $222K | New |
| QCOM Qualcomm Inc. | 0.46% | 1,296 | $222K | Reduce -39.4% |
| XME SS SPDR S&P Metals Mining | 0.46% | 2,134 | $221K | New |
| FCNCA First Citizens Bcshs Class A | 0.46% | 103 | $221K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.44% | 453 | $212K | New |
| TECL Dire Dai Tec Bull 3X ETF-Usd | 0.44% | 1,803 | $212K | New |
| XBI SS SPDR S&P Biotech ETF | 0.43% | 1,721 | $210K | New |
| WDAY Workday Inc. Class A | 0.43% | 976 | $210K | Reduce -23.5% |
| IBIT iShares Bitcoin Trust ETF | 0.43% | 4,157 | $206K | New |
| LDOS Leidos Holdings Inc. | 0.42% | 1,123 | $203K | New |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.38% | 10,964 | $185K | New |
| QYLD Global X Nasd 100 Cov Call | 0.37% | 10,264 | $181K | New |
| TLNCU Talon Capital Corp. | 0.31% | 14,480 | $149K | Add +8.4% |
| VZLA Vizsla Silver Corp. | 0.18% | 15,540 | $85K | New |
| LSTA Lisata Therapeutics Inc. | 0.15% | 38,987 | $73K | Add +64.0% |
| DNUT Krispy Kreme Inc. | 0.14% | 16,583 | $67K | New |
| UFG Uni-Fuels Holdings Ltd. | 0.13% | 89,803 | $61K | New |
| RR Richtech Robotics Inc. Class B | 0.11% | 16,325 | $53K | New |
| SIDU Sidus Space Inc. Class A | 0.07% | 10,489 | $33K | New |
| ONCY Oncolytics Biotech Inc. | 0.06% | 34,398 | $30K | New |
| FUBO Fubotv Inc. | 0.06% | 11,760 | $30K | New |
| PSEC Prospect Capital Corp. | 0.06% | 10,763 | $28K | New |
| HIVE Hive Digital Technologies LT | 0.06% | 10,504 | $27K | New |
| OPAD Offerpad Solutions Inc. | 0.04% | 16,130 | $20K | New |
| SABR Sabre Corp. | 0.04% | 12,652 | $17K | New |
| BMGL Basel Medical Group Ltd. | 0.03% | 33,705 | $17K | New |
| CBAT Cbak Energy Technology Inc. | 0.03% | 16,332 | $14K | New |
| LM FDG AMER INC | 0.03% | 29,585 | $13K | New |
| XPL Solitario Resources Corp. | 0.02% | 17,222 | $12K | New |
| ATER Aterian Inc. | 0.02% | 17,065 | $12K | New |
| ENGS Energys Group Ltd. | 0.02% | 13,820 | $12K | New |
| RNXT Renovorx Inc. | 0.02% | 13,611 | $11K | New |
| PDSB PDS Biotechnology Corp. | 0.02% | 14,703 | $11K | New |
| RLYB Rallybio Corp. | 0.02% | 15,399 | $11K | New |
| RVSN Rail Vision Ltd. | 0.02% | 24,570 | $8K | New |
| STRIVE INC | 0.02% | 10,624 | $8K | New |
| BRAG HSE HLDGS INC | 0.01% | 18,049 | $7K | New |
| ITRMF Iterum Therapeutics PLC | 0.01% | 20,477 | $7K | New |
| ZZPWF Zooz Power Ltd. filed as ZOOZ STRATEGY LTD | 0.01% | 14,749 | $6K | New |
| MYND Mynd.ai Inc. | 0.01% | 13,708 | $6K | Reduce -22.1% |
| TSEOQ Trinseo PLC | 0.01% | 11,765 | $6K | New |
| HTCR Heartcore Enterprises Inc. | 0.01% | 15,575 | $5K | New |
| XWEL Xwell Inc. | 0.01% | 10,206 | $5K | New |
| LNKS Linkers Industries Ltd. Class A | 0.01% | 13,947 | $4K | New |
| URBAN-GRO INC | 0.01% | 15,484 | $4K | Reduce -43.1% |
| NAKA Nakamoto Inc. filed as KINDLY MD INC | 0.01% | 12,000 | $4K | Add +20.0% |
| MINT INCORPORATION LTD | 0.01% | 10,013 | $3K | New |
Other holdings (4): bonds, preferreds, convertibles and warrants · $55K (not counted above)
Total filed on the 13F, all lines: $48.6M.
Portfolio Sells Q3 2025 → Q4 2025
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −4.00 |
| IWB iShares Russell 1000 ETF | Sold out | 0.00% | −3.89 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −3.76 |
| STIP iShares 0-5 Year Tips Bond E | Sold out | 0.00% | −3.72 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −3.48 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −2.56 |
| VSS Vanguard Ftse All Wo X-US SC | Sold out | 0.00% | −2.51 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −2.15 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −2.11 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −1.92 |
| MDB Mongodb Inc. | Sold out | 0.00% | −1.51 |
| NVR NVR Inc. | Sold out | 0.00% | −1.48 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −1.44 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −1.42 |
| CQQQ Invesco China Technology ETF | Sold out | 0.00% | −1.39 |
| BIV Vanguard Intermediate-Term B | Sold out | 0.00% | −1.35 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −1.32 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −1.31 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −1.27 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −1.26 |
| NBIX Neurocrine Biosciences Inc. | Sold out | 0.00% | −1.24 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −1.23 |
| FNDA Schwab Fndmntl US SM Co. ETF | Sold out | 0.00% | −1.13 |
| ALNY Alnylam Pharmaceuticals Inc. | Sold out | 0.00% | −1.11 |
| SLYV SS SPDR S&P 600 SC Val ETF | Sold out | 0.00% | −1.11 |
| FIVE Five Below | Sold out | 0.00% | −1.10 |
| UTHR United Therapeutics Corp. | Sold out | 0.00% | −1.10 |
| NTRA Natera Inc. | Sold out | 0.00% | −1.09 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −1.08 |
| OLLI Ollie's Bargain Outlet Holdi | Sold out | 0.00% | −1.06 |
| RGLD Royal Gold Inc. | Sold out | 0.00% | −1.05 |
| MTCH Match Group Inc. | Sold out | 0.00% | −1.04 |
| BLV Vanguard Long-Term Bond ETF | Sold out | 0.00% | −1.00 |
| ROAD Construction Partners Inc. Class A | Sold out | 0.00% | −0.99 |
| PSIX Power Solutions Internationa | Sold out | 0.00% | −0.99 |
| FOX Fox Corp. Class B | Sold out | 0.00% | −0.98 |
| SNDK Sandisk Corp. | Sold out | 0.00% | −0.98 |
| STNE Stoneco Ltd. Class A | Sold out | 0.00% | −0.94 |
| TMF Dir DLY 20+YR TR BL3X ETF-Ui | Sold out | 0.00% | −0.92 |
| HALO Halozyme Therapeutics Inc. | Sold out | 0.00% | −0.90 |
| SLYG SS SPDR S&P 600 SC GR ETF | Sold out | 0.00% | −0.88 |
| TXRH Texas Roadhouse Inc. | Sold out | 0.00% | −0.86 |
| NWSA News Corp. Class A | Sold out | 0.00% | −0.84 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.82 |
| SEIC Sei Investments Company | Sold out | 0.00% | −0.79 |
| STX Seagate Technology Holdings | Sold out | 0.00% | −0.79 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.72 |
| IWD iShares Russell 1000 Value E | Reduce -51.8% | 0.61% | −0.70 |
| SEB Seaboard Corp. | Sold out | 0.00% | −0.69 |
| LNWO Light & Wonder Inc. | Sold out | 0.00% | −0.67 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | New | 63.28% | +63.28 |
| PNFP Pinnacle Financial Partners | New | 2.76% | +2.76 |
| NXPI NXP Semiconductors NV | New | 2.21% | +2.21 |
| TLT iShares 20+ Year Treasury BD | New | 2.19% | +2.19 |
| TSLA Tesla Inc. | New | 1.38% | +1.38 |
| ROKU Roku Inc. | New | 1.13% | +1.13 |
| GOOG Alphabet Inc. Class C | New | 1.12% | +1.12 |
| PEP Pepsico Inc. | New | 1.01% | +1.01 |
| AMZN Amazon.com Inc. | New | 0.98% | +0.98 |
| SOXL Direx Dail Semi Bu 3X Et-Usd | New | 0.97% | +0.97 |
| SNV Synovus Financial Corp. | New | 0.89% | +0.89 |
| AMD Advanced Micro Devices | New | 0.88% | +0.88 |
| DOCU Docusign Inc. | New | 0.83% | +0.83 |
| ONDS Ondas Inc. | New | 0.82% | +0.82 |
| ISRG Intuitive Surgical Inc. | New | 0.80% | +0.80 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.71% | +0.71 |
| HON Honeywell International Inc. | New | 0.66% | +0.66 |
| TER Teradyne Inc. | New | 0.65% | +0.65 |
| TXN Texas Instruments Inc. | New | 0.64% | +0.64 |
| AMGN Amgen Inc. | New | 0.63% | +0.63 |
| AAPL Apple Inc. | New | 0.62% | +0.62 |
| AEM Agnico Eagle Mines Ltd. | New | 0.60% | +0.60 |
| ORCL Oracle Corp. | New | 0.57% | +0.57 |
| FROG Jfrog Ltd. | New | 0.55% | +0.55 |
| MRK Merck & Co. Inc. | New | 0.54% | +0.54 |
| MMM 3M Co. | New | 0.52% | +0.52 |
| NTAP Netapp Inc. | New | 0.50% | +0.50 |
| CORT Corcept Therapeutics Inc. | New | 0.49% | +0.49 |
| AGYS Agilysys Inc. | New | 0.48% | +0.48 |
| TSEM Tower Semiconductor Ltd. | New | 0.48% | +0.48 |
| ROST Ross Stores Inc. | New | 0.46% | +0.46 |
| IGOV iShares International Treasu | New | 0.46% | +0.46 |
| FCNCA First Citizens Bcshs Class A | New | 0.46% | +0.46 |
| XME SS SPDR S&P Metals Mining | New | 0.46% | +0.46 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.44% | +0.44 |
| TECL Dire Dai Tec Bull 3X ETF-Usd | New | 0.44% | +0.44 |
| XBI SS SPDR S&P Biotech ETF | New | 0.43% | +0.43 |
| IBIT iShares Bitcoin Trust ETF | New | 0.43% | +0.43 |
| LDOS Leidos Holdings Inc. | New | 0.42% | +0.42 |
| SHOE Shoe Station Group Inc. | New | 0.38% | +0.38 |
| QYLD Global X Nasd 100 Cov Call | New | 0.37% | +0.37 |
| VZLA Vizsla Silver Corp. | New | 0.18% | +0.18 |
| DNUT Krispy Kreme Inc. | New | 0.14% | +0.14 |
| UFG Uni-Fuels Holdings Ltd. | New | 0.13% | +0.13 |
| RR Richtech Robotics Inc. Class B | New | 0.11% | +0.11 |
| SIDU Sidus Space Inc. Class A | New | 0.07% | +0.07 |
| ONCY Oncolytics Biotech Inc. | New | 0.06% | +0.06 |
| FUBO Fubotv Inc. | New | 0.06% | +0.06 |
| PSEC Prospect Capital Corp. | New | 0.06% | +0.06 |
| HIVE Hive Digital Technologies LT | New | 0.06% | +0.06 |
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Sold out | 184 | $227Kbefore exit |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | New | 11,020 | $17K |
| DYNCW Dynamix Corp. - 29 | *W EXP 10/25/202 | New | 10,472 | $17K |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | New | 13,613 | $13K |
| HCMAW HCM III Acquisition Corp. -30 | *W EXP 07/23/203 | New | 18,175 | $9K |
| SPKWF Spark I Acquisition Corp.-28 | *W EXP 10/01/203 | Sold out | 13,961 | $8Kbefore exit |
| DAAQW Digital Asset Acquisition-30 | *W EXP 04/01/203 | Sold out | 13,044 | $7Kbefore exit |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | Sold out | 10,598 | $6Kbefore exit |
| BAYAR Bayview Acquisition Corp. | RIGHT 11/17/2028 | Sold out | 16,100 | $3Kbefore exit |
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 |