Headland Capital, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Headland Capital, LLC reported 57 stock positions worth $330.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 20.9% of the portfolio, followed by Progressive (PGR, 16.0%) and Ste STR SPDR PT DW Eu ETF (SPDW, 6.7%). Compared with Q1 2025, it opened 6 new positions, sold out of 8, added to 32 and reduced 17. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale Invesco S&P 500 Low Volatili (SPLV, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- MT. PLEASANT, SC
- CIK
- 0002056637
- Portfolio Value
- $330.9M (Q2 2025)
- SEC Filing
- 0001765380-25-000293 ↗ filed Aug 6, 2025
Holdings Value
Holdings 57 stocks · $330.9M
| SPY SS SPDR S&P 500 ETF Trust-US | 20.93% | 112,108 | $69.3M | Add +6.2% |
| PGR Progressive Corp. | 16.03% | 198,784 | $53.0M | Add +0.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 6.66% | 544,588 | $22.1M | Add +5.7% |
| BSCV Invesco Bulletshares 2031 CB | 5.18% | 1,037,817 | $17.2M | Add +4.1% |
| IVV iShares Core S&P 500 ETF | 5.18% | 27,612 | $17.1M | New |
| BSCT Invesco Bulletshares 2029 CB | 5.06% | 895,534 | $16.7M | Add +3.6% |
| GEV GE Vernova Inc. | 4.70% | 29,392 | $15.6M | Reduce -2.8% |
| USFR Wisdomtree Floating Rate Tre | 4.01% | 263,542 | $13.3M | Add +3.1% |
| SPHQ Invesco S&P 500 Quality ETF | 3.12% | 144,854 | $10.3M | Add +5.6% |
| TSM Taiwan Semiconductor-SP ADR | 3.08% | 44,979 | $10.2M | Add +2.8% |
| BSX Boston Scientific Corp. | 2.91% | 89,704 | $9.6M | Add +1.6% |
| COST Costco Wholesale Corp. | 2.74% | 9,160 | $9.1M | Add +1.5% |
| AAPL Apple Inc. | 2.61% | 42,046 | $8.6M | Add +2.5% |
| MSFT Microsoft Corp. | 2.55% | 16,989 | $8.5M | Add +5.0% |
| AMZN Amazon.com Inc. | 2.47% | 37,257 | $8.2M | Add +3.7% |
| IBTL iShares Ibonds Dec 2031 Term | 2.13% | 343,097 | $7.0M | Add +4.9% |
| IBTO iShares Ibonds Dec 2033 Tres | 2.11% | 284,351 | $7.0M | Add +4.4% |
| KNF Knife River Corp. | 1.48% | 60,166 | $4.9M | Add +6.3% |
| PLD Prologis Inc. | 1.47% | 46,328 | $4.9M | Add +5.8% |
| VXUS Vanguard Total Intl Stock | 1.15% | 55,288 | $3.8M | Reduce -3.9% |
| NVDA Nvidia Corp. | 0.74% | 15,516 | $2.5M | Add +1.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.25% | 15,959 | $835K | Add +0.0% |
| IWF iShares Russell 1000 Growth | 0.15% | 1,207 | $513K | New |
| CEG Constellation Energy | 0.15% | 1,572 | $507K | Reduce -9.2% |
| GOOG Alphabet Inc. Class C | 0.15% | 2,732 | $485K | Add +5.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.14% | 831 | $459K | Add +6.4% |
| TSLA Tesla Inc. | 0.13% | 1,396 | $443K | Add +20.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.12% | 1,464 | $405K | Reduce -2.2% |
| FTGC First Trust Global Tactical | 0.12% | 16,387 | $404K | Reduce -1.6% |
| AZO AutoZone Inc. | 0.12% | 107 | $397K | Reduce -0.9% |
| IDCC Interdigital Inc. | 0.12% | 1,697 | $380K | Reduce -0.2% |
| KCE SS SPDR S&P Cap MKTS ETF | 0.11% | 2,616 | $379K | Reduce -8.3% |
| MCD McDonald's Corp. | 0.11% | 1,292 | $378K | Reduce -59.9% |
| PLTR Palantir Technologies Inc. Class A | 0.11% | 2,741 | $374K | Reduce -1.5% |
| ALL Allstate Corp. | 0.11% | 1,805 | $363K | Add +57.6% |
| SPLV Invesco S&P 500 Low Volatili | 0.11% | 4,874 | $355K | Reduce -97.8% |
| HDEF Xtrackers MSCI Eafe High Div | 0.11% | 12,149 | $351K | Add +2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.10% | 699 | $340K | Add +2.2% |
| AVGO Broadcom Inc. | 0.10% | 1,221 | $337K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 1,066 | $324K | Add +11.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.10% | 1,119 | $318K | No change |
| V Visa Inc. Class A | 0.09% | 849 | $301K | Add +6.4% |
| BX Blackstone Inc. | 0.09% | 1,972 | $295K | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 0.09% | 2,635 | $284K | Reduce -5.2% |
| SDVY First Trust Smid Cap Rising | 0.08% | 7,616 | $269K | New |
| ETN Eaton Corp. PLC | 0.08% | 751 | $268K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 906 | $267K | Add +2.4% |
| JPM JPMorgan Chase & Co. | 0.08% | 899 | $261K | Add +9.4% |
| HD Home Depot Inc. | 0.07% | 653 | $239K | Add +17.9% |
| RTX RTX Corp. | 0.07% | 1,585 | $231K | Reduce -0.1% |
| SDY SS SPDR S&P Dividend ETF | 0.07% | 1,621 | $220K | New |
| SPSB SS SPDR P St C Corp. ETF | 0.06% | 7,059 | $213K | Reduce -14.6% |
| VZ Verizon Communications Inc. | 0.06% | 4,905 | $212K | Reduce -8.3% |
| EXC Exelon Corp. | 0.06% | 4,851 | $211K | Add +0.6% |
| WM Waste Management Inc. | 0.06% | 882 | $202K | Reduce -2.5% |
| VYM Vanguard High DVD Yield ETF | 0.06% | 1,506 | $201K | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.05% | 15,379 | $167K | Add +3.9% |
Portfolio Sells Q1 2025 → Q2 2025
| SPLV Invesco S&P 500 Low Volatili | Reduce -97.8% | 0.11% | −5.27 |
| MCD McDonald's Corp. | Reduce -59.9% | 0.11% | −0.22 |
| MSLC Ms Large Cap Equity ETF | Sold out | 0.00% | −0.16 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.11 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.09 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.08 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.08 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.07 |
| RDVY First Trust Rising Dividend | Sold out | 0.00% | −0.07 |
| VXUS Vanguard Total Intl Stock | Reduce -3.9% | 1.15% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -5.2% | 0.09% | −0.02 |
| FTGC First Trust Global Tactical | Reduce -1.6% | 0.12% | −0.02 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -14.6% | 0.06% | −0.02 |
| AZO AutoZone Inc. | Reduce -0.9% | 0.12% | −0.02 |
| ALT Altimmune Inc. | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -8.3% | 0.06% | −0.02 |
| WM Waste Management Inc. | Reduce -2.5% | 0.06% | −0.01 |
| KCE SS SPDR S&P Cap MKTS ETF | Reduce -8.3% | 0.11% | −0.01 |
| BX Blackstone Inc. | Reduce -1.4% | 0.09% | −0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -2.2% | 0.12% | −0.00 |
| IDCC Interdigital Inc. | Reduce -0.2% | 0.12% | −0.00 |
| RTX RTX Corp. | Reduce -0.1% | 0.07% | 0.00 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.5% | 0.11% | +0.03 |
| CEG Constellation Energy | Reduce -9.2% | 0.15% | +0.04 |
| GEV GE Vernova Inc. | Reduce -2.8% | 4.70% | +1.63 |
Portfolio Buys Q1 2025 → Q2 2025
| IVV iShares Core S&P 500 ETF | New | 5.18% | +5.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.2% | 20.93% | +1.30 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.8% | 3.08% | +0.66 |
| MSFT Microsoft Corp. | Add +5.0% | 2.55% | +0.53 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +5.7% | 6.66% | +0.42 |
| AMZN Amazon.com Inc. | Add +3.7% | 2.47% | +0.20 |
| NVDA Nvidia Corp. | Add +1.9% | 0.74% | +0.19 |
| IWF iShares Russell 1000 Growth | New | 0.15% | +0.15 |
| AVGO Broadcom Inc. | New | 0.10% | +0.10 |
| SPHQ Invesco S&P 500 Quality ETF | Add +5.6% | 3.12% | +0.09 |
| SDVY First Trust Smid Cap Rising | New | 0.08% | +0.08 |
| SDY SS SPDR S&P Dividend ETF | New | 0.07% | +0.07 |
| VYM Vanguard High DVD Yield ETF | New | 0.06% | +0.06 |
| TSLA Tesla Inc. | Add +20.6% | 0.13% | +0.03 |
| ALL Allstate Corp. | Add +57.6% | 0.11% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.4% | 0.14% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +9.4% | 0.08% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +5.2% | 0.15% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +11.7% | 0.10% | +0.01 |
| IBM Intl Business Machines Corp. | Add +2.4% | 0.08% | +0.01 |
| HD Home Depot Inc. | Add +17.9% | 0.07% | +0.00 |
| F Ford Motor Co. | Add +3.9% | 0.05% | +0.00 |
| HDEF Xtrackers MSCI Eafe High Div | Add +2.2% | 0.11% | −0.00 |
| V Visa Inc. Class A | Add +6.4% | 0.09% | −0.00 |
| EXC Exelon Corp. | Add +0.6% | 0.06% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.2% | 0.10% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +0.0% | 0.25% | −0.02 |
| BSX Boston Scientific Corp. | Add +1.6% | 2.91% | −0.05 |
| IBTL iShares Ibonds Dec 2031 Term | Add +4.9% | 2.13% | −0.09 |
| COST Costco Wholesale Corp. | Add +1.5% | 2.74% | −0.10 |
| IBTO iShares Ibonds Dec 2033 Tres | Add +4.4% | 2.11% | −0.10 |
| PLD Prologis Inc. | Add +5.8% | 1.47% | −0.16 |
| KNF Knife River Corp. | Add +6.3% | 1.48% | −0.21 |
| BSCV Invesco Bulletshares 2031 CB | Add +4.1% | 5.18% | −0.22 |
| BSCT Invesco Bulletshares 2029 CB | Add +3.6% | 5.06% | −0.27 |
| USFR Wisdomtree Floating Rate Tre | Add +3.1% | 4.01% | −0.27 |
| AAPL Apple Inc. | Add +2.5% | 2.61% | −0.42 |
| PGR Progressive Corp. | Add +0.2% | 16.03% | −2.64 |
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 |