Headland Capital, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), Headland Capital, LLC reported 59 stock positions worth $300.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 19.6% of the portfolio, followed by Progressive (PGR, 18.7%) and Ste STR SPDR PT DW Eu ETF (SPDW, 6.2%). Compared with Q4 2024, it opened 16 new positions, sold out of 13, added to 29 and reduced 12. The biggest buy was a new position in Invesco Bulletshares 2031 CB (BSCV) and the biggest sale an exit from Invesco Bulletshares 2026 CB (BSCQ).
- Most Recent 13F
- Q2 2026
- Location
- MT. PLEASANT, SC
- CIK
- 0002056637
- Portfolio Value
- $300.7M (Q1 2025)
- SEC Filing
- 0001765380-25-000201 ↗ filed May 8, 2025
Holdings Value
Holdings 59 stocks · $300.7M
| SPY SS SPDR S&P 500 ETF Trust-US | 19.63% | 105,543 | $59.0M | Add +2.8% |
| PGR Progressive Corp. | 18.67% | 198,378 | $56.1M | Add +0.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 6.24% | 515,401 | $18.8M | Add +4.9% |
| BSCV Invesco Bulletshares 2031 CB | 5.41% | 996,729 | $16.3M | New |
| SPLV Invesco S&P 500 Low Volatili | 5.38% | 216,569 | $16.2M | Add +4674.4% |
| BSCT Invesco Bulletshares 2029 CB | 5.33% | 864,383 | $16.0M | Add +5.7% |
| USFR Wisdomtree Floating Rate Tre | 4.28% | 255,641 | $12.9M | Add +7.8% |
| GEV GE Vernova Inc. | 3.07% | 30,233 | $9.2M | Reduce -2.8% |
| AAPL Apple Inc. | 3.03% | 41,023 | $9.1M | Add +0.0% |
| SPHQ Invesco S&P 500 Quality ETF | 3.03% | 137,195 | $9.1M | Add +3.0% |
| BSX Boston Scientific Corp. | 2.96% | 88,263 | $8.9M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 2.84% | 9,026 | $8.5M | Add +0.3% |
| TSM Taiwan Semiconductor-SP ADR | 2.42% | 43,759 | $7.3M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.27% | 35,938 | $6.8M | Add +4.0% |
| IBTL iShares Ibonds Dec 2031 Term | 2.21% | 327,099 | $6.6M | New |
| IBTO iShares Ibonds Dec 2033 Tres | 2.21% | 272,453 | $6.6M | New |
| MSFT Microsoft Corp. | 2.02% | 16,186 | $6.1M | Add +2.5% |
| KNF Knife River Corp. | 1.70% | 56,605 | $5.1M | New |
| PLD Prologis Inc. | 1.63% | 43,791 | $4.9M | Add +5.5% |
| VXUS Vanguard Total Intl Stock | 1.19% | 57,519 | $3.6M | Reduce -4.1% |
| NVDA Nvidia Corp. | 0.55% | 15,230 | $1.7M | Add +2.2% |
| MCD McDonald's Corp. | 0.33% | 3,219 | $1.0M | Reduce -0.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.27% | 15,955 | $815K | Add +0.2% |
| MSLC Ms Large Cap Equity ETF | 0.16% | 10,116 | $468K | New |
| FTGC First Trust Global Tactical | 0.14% | 16,657 | $425K | Add +10.6% |
| AZO AutoZone Inc. | 0.14% | 108 | $412K | Add +8.0% |
| GOOG Alphabet Inc. Class C | 0.13% | 2,596 | $406K | Add +5.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.13% | 1,497 | $377K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 781 | $366K | Add +3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 684 | $364K | Reduce -3.9% |
| KCE SS SPDR S&P Cap MKTS ETF | 0.12% | 2,853 | $360K | New |
| IDCC Interdigital Inc. | 0.12% | 1,700 | $351K | Add +13.7% |
| CEG Constellation Energy | 0.12% | 1,731 | $349K | Reduce -3.4% |
| XOM Exxon Mobil Corp. | 0.11% | 2,778 | $330K | Add +0.0% |
| HDEF Xtrackers MSCI Eafe High Div | 0.11% | 11,889 | $323K | Add +0.7% |
| ITOT iShares Core S&P Total U.S. | 0.11% | 2,623 | $320K | Add +0.1% |
| TSLA Tesla Inc. | 0.10% | 1,158 | $300K | Add +4.2% |
| BX Blackstone Inc. | 0.09% | 2,000 | $280K | Add +2.4% |
| V Visa Inc. Class A | 0.09% | 798 | $280K | Reduce -6.9% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.09% | 1,119 | $274K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 954 | $262K | Add +0.1% |
| OKE Oneok Inc. | 0.09% | 2,620 | $260K | Add +0.1% |
| SPSB SS SPDR P St C Corp. ETF | 0.08% | 8,261 | $249K | Add +9.9% |
| BABA Alibaba Group Holding-SP ADR | 0.08% | 1,858 | $246K | New |
| VZ Verizon Communications Inc. | 0.08% | 5,350 | $243K | Reduce -42.6% |
| ALL Allstate Corp. | 0.08% | 1,145 | $237K | Reduce -2.6% |
| PLTR Palantir Technologies Inc. Class A | 0.08% | 2,782 | $235K | New |
| CVX Chevron Corp. | 0.08% | 1,394 | $233K | Reduce -3.9% |
| EXC Exelon Corp. | 0.07% | 4,824 | $222K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 885 | $220K | New |
| RTX RTX Corp. | 0.07% | 1,586 | $210K | New |
| WM Waste Management Inc. | 0.07% | 905 | $209K | New |
| JNJ Johnson & Johnson | 0.07% | 1,257 | $208K | New |
| ETN Eaton Corp. PLC | 0.07% | 751 | $204K | Add +6.4% |
| HD Home Depot Inc. | 0.07% | 554 | $203K | Reduce -5.8% |
| JPM JPMorgan Chase & Co. | 0.07% | 822 | $202K | New |
| RDVY First Trust Rising Dividend | 0.07% | 3,432 | $201K | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.05% | 14,806 | $149K | Add +15.0% |
| ALT Altimmune Inc. | 0.02% | 10,097 | $50K | New |
Portfolio Sells Q4 2024 → Q1 2025
| BSCQ Invesco Bulletshares 2026 CB | Sold out | 0.00% | −5.28 |
| SPTI SS SPDR P Int Term TSY ETF | Sold out | 0.00% | −4.21 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −2.58 |
| SPSM SS SPDR P S&P 600 Small Cap | Sold out | 0.00% | −2.35 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Sold out | 0.00% | −1.85 |
| FLN First Trust Latin America | Sold out | 0.00% | −1.06 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.3% | 2.42% | −0.55 |
| GEV GE Vernova Inc. | Reduce -2.8% | 3.07% | −0.43 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.33 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.08 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.08 |
| T AT&T Inc. | Sold out | 0.00% | −0.07 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.07 |
| MDYG SS SPDR S&P 400 MC GR ETF | Sold out | 0.00% | −0.07 |
| VZ Verizon Communications Inc. | Reduce -42.6% | 0.08% | −0.05 |
| ALTM Arcadium Lithium PLC | Sold out | 0.00% | −0.04 |
| VXUS Vanguard Total Intl Stock | Reduce -4.1% | 1.19% | −0.02 |
| CEG Constellation Energy | Reduce -3.4% | 0.12% | −0.02 |
| HD Home Depot Inc. | Reduce -5.8% | 0.07% | −0.01 |
| V Visa Inc. Class A | Reduce -6.9% | 0.09% | +0.00 |
| ALL Allstate Corp. | Reduce -2.6% | 0.08% | +0.00 |
| CVX Chevron Corp. | Reduce -3.9% | 0.08% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.9% | 0.12% | +0.01 |
| MCD McDonald's Corp. | Reduce -0.7% | 0.33% | +0.01 |
| BSX Boston Scientific Corp. | Reduce -0.7% | 2.96% | +0.24 |
Portfolio Buys Q4 2024 → Q1 2025
| BSCV Invesco Bulletshares 2031 CB | New | 5.41% | +5.41 |
| SPLV Invesco S&P 500 Low Volatili | Add +4674.4% | 5.38% | +5.27 |
| PGR Progressive Corp. | Add +0.1% | 18.67% | +2.41 |
| IBTL iShares Ibonds Dec 2031 Term | New | 2.21% | +2.21 |
| IBTO iShares Ibonds Dec 2033 Tres | New | 2.21% | +2.21 |
| KNF Knife River Corp. | New | 1.70% | +1.70 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +4.9% | 6.24% | +0.50 |
| USFR Wisdomtree Floating Rate Tre | Add +7.8% | 4.28% | +0.19 |
| BSCT Invesco Bulletshares 2029 CB | Add +5.7% | 5.33% | +0.19 |
| MSLC Ms Large Cap Equity ETF | New | 0.16% | +0.16 |
| PLD Prologis Inc. | Add +5.5% | 1.63% | +0.13 |
| KCE SS SPDR S&P Cap MKTS ETF | New | 0.12% | +0.12 |
| BABA Alibaba Group Holding-SP ADR | New | 0.08% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | New | 0.08% | +0.08 |
| EXC Exelon Corp. | New | 0.07% | +0.07 |
| IBM Intl Business Machines Corp. | New | 0.07% | +0.07 |
| RTX RTX Corp. | New | 0.07% | +0.07 |
| WM Waste Management Inc. | New | 0.07% | +0.07 |
| JNJ Johnson & Johnson | New | 0.07% | +0.07 |
| JPM JPMorgan Chase & Co. | New | 0.07% | +0.07 |
| RDVY First Trust Rising Dividend | New | 0.07% | +0.07 |
| AZO AutoZone Inc. | Add +8.0% | 0.14% | +0.03 |
| FTGC First Trust Global Tactical | Add +10.6% | 0.14% | +0.02 |
| IDCC Interdigital Inc. | Add +13.7% | 0.12% | +0.02 |
| ALT Altimmune Inc. | New | 0.02% | +0.02 |
| COST Costco Wholesale Corp. | Add +0.3% | 2.84% | +0.02 |
| HDEF Xtrackers MSCI Eafe High Div | Add +0.7% | 0.11% | +0.01 |
| XOM Exxon Mobil Corp. | Add +0.0% | 0.11% | +0.01 |
| SPSB SS SPDR P St C Corp. ETF | Add +9.9% | 0.08% | +0.01 |
| F Ford Motor Co. | Add +15.0% | 0.05% | +0.01 |
| OKE Oneok Inc. | Add +0.1% | 0.09% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.09% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +0.2% | 0.27% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Add +0.1% | 0.11% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.9% | 0.12% | −0.01 |
| ETN Eaton Corp. PLC | Add +6.4% | 0.07% | −0.01 |
| BX Blackstone Inc. | Add +2.4% | 0.09% | −0.02 |
| GOOG Alphabet Inc. Class C | Add +5.6% | 0.13% | −0.03 |
| SPHQ Invesco S&P 500 Quality ETF | Add +3.0% | 3.03% | −0.03 |
| TSLA Tesla Inc. | Add +4.2% | 0.10% | −0.05 |
| NVDA Nvidia Corp. | Add +2.2% | 0.55% | −0.14 |
| MSFT Microsoft Corp. | Add +2.5% | 2.02% | −0.26 |
| AMZN Amazon.com Inc. | Add +4.0% | 2.27% | −0.32 |
| AAPL Apple Inc. | Add +0.0% | 3.03% | −0.49 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.8% | 19.63% | −0.97 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 64 | $405.5M | SPY, PGR, SPDW, GEV, IVV |
| Q1 2026 | 61 | $354.9M | SPY, PGR, SPDW, GEV, IVV |
| Q4 2025 | 68 | $359.3M | SPY, PGR, SPDW, IVV, BSCV |
| Q3 2025 | 71 | $356.2M | SPY, PGR, SPDW, IVV, BSCV |
| Q2 2025Amended | 57 | $330.9M | SPY, PGR, SPDW, BSCV, IVV |
| Q1 2025 | 59 | $300.7M | SPY, PGR, SPDW, BSCV, SPLV |
| Q4 2024 | 56 | $292.1M | SPY, PGR, SPDW, BSCQ, BSCT |