Headland Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Headland Capital, LLC reported 68 stock positions worth $359.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 21.9% of the portfolio, followed by Progressive (PGR, 12.7%) and Ste STR SPDR PT DW Eu ETF (SPDW, 7.0%). Compared with Q3 2025, it opened 6 new positions, sold out of 9, added to 30 and reduced 28. The biggest buy was a new position in Huntington Ingalls Industrie (HII) and the biggest sale an exit from Knife River (KNF).
- Most Recent 13F
- Q2 2026
- Location
- MT. PLEASANT, SC
- CIK
- 0002056637
- Portfolio Value
- $359.3M (Q4 2025)
- SEC Filing
- 0001765380-26-000046 ↗ filed Jan 28, 2026
Holdings Value
Holdings 68 stocks · $359.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 21.95% | 115,615 | $78.8M | Add +0.4% |
| PGR Progressive Corp. | 12.66% | 199,662 | $45.5M | Add +0.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 7.02% | 567,881 | $25.2M | Add +1.1% |
| IVV iShares Core S&P 500 ETF | 5.61% | 29,424 | $20.2M | Add +0.5% |
| BSCV Invesco Bulletshares 2031 CB | 5.34% | 1,149,206 | $19.2M | Add +4.7% |
| GEV GE Vernova Inc. | 4.98% | 27,353 | $17.9M | Reduce -3.2% |
| BSCT Invesco Bulletshares 2029 CB | 4.93% | 939,993 | $17.7M | Add +1.8% |
| USFR Wisdomtree Floating Rate Tre | 3.91% | 279,284 | $14.1M | Add +2.0% |
| TSM Taiwan Semiconductor-SP ADR | 3.72% | 43,959 | $13.4M | Reduce -2.0% |
| SPHQ Invesco S&P 500 Quality ETF | 3.15% | 150,988 | $11.3M | Add +0.5% |
| AAPL Apple Inc. | 3.14% | 41,528 | $11.3M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 2.43% | 37,876 | $8.7M | Add +0.3% |
| BSX Boston Scientific Corp. | 2.40% | 90,510 | $8.6M | Reduce -0.1% |
| MSFT Microsoft Corp. | 2.35% | 17,487 | $8.5M | Reduce -0.0% |
| COST Costco Wholesale Corp. | 2.24% | 9,352 | $8.1M | Add +0.7% |
| IBTL iShares Ibonds Dec 2031 Term | 2.09% | 366,476 | $7.5M | Add +2.9% |
| IBTO iShares Ibonds Dec 2033 Tres | 2.08% | 303,888 | $7.5M | Add +2.9% |
| PLD Prologis Inc. | 1.75% | 49,345 | $6.3M | Add +2.1% |
| HII Huntington Ingalls Industrie | 1.18% | 12,433 | $4.2M | New |
| VXUS Vanguard Total Intl Stock | 1.07% | 51,133 | $3.9M | Reduce -5.5% |
| NVDA Nvidia Corp. | 0.80% | 15,360 | $2.9M | Reduce -1.5% |
| GOOG Alphabet Inc. Class C | 0.26% | 2,962 | $929K | Add +0.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.26% | 16,161 | $918K | Add +1.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 16,528 | $909K | Add +0.0% |
| IWF iShares Russell 1000 Growth | 0.23% | 1,719 | $814K | Reduce -8.5% |
| TSLA Tesla Inc. | 0.17% | 1,379 | $620K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.17% | 3,471 | $617K | Add +7.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 950 | $583K | Reduce -4.9% |
| IDCC Interdigital Inc. | 0.16% | 1,751 | $558K | Reduce -0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 1,654 | $555K | Reduce -1.6% |
| XOM Exxon Mobil Corp. | 0.15% | 4,357 | $524K | Add +64.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.13% | 5,148 | $461K | Reduce -5.5% |
| SPLV Invesco S&P 500 Low Volatili | 0.13% | 6,391 | $456K | Add +6.3% |
| FTGC First Trust Global Tactical | 0.13% | 19,452 | $452K | Add +24.4% |
| CEG Constellation Energy | 0.13% | 1,274 | $450K | Reduce -13.5% |
| AVGO Broadcom Inc. | 0.12% | 1,268 | $439K | Add +2.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.12% | 1,429 | $432K | Reduce -1.0% |
| CIEN Ciena Corp. | 0.12% | 1,775 | $415K | Reduce -0.6% |
| MCD McDonald's Corp. | 0.11% | 1,336 | $408K | Reduce -3.8% |
| AZO AutoZone Inc. | 0.11% | 114 | $387K | No change |
| HDEF Xtrackers MSCI Eafe High Div | 0.11% | 12,241 | $379K | Add +0.0% |
| SDVY First Trust Smid Cap Rising | 0.10% | 9,726 | $373K | Add +16.1% |
| BABA Alibaba Group Holding-SP ADR | 0.10% | 2,500 | $366K | Add +4.0% |
| ALL Allstate Corp. | 0.10% | 1,682 | $350K | Add +0.2% |
| GOVT iShares US Treasury Bond ETF | 0.10% | 15,187 | $350K | Reduce -1.1% |
| KCE SS SPDR S&P Cap MKTS ETF | 0.10% | 2,327 | $349K | Reduce -9.8% |
| V Visa Inc. Class A | 0.09% | 964 | $338K | No change |
| GOOGL Alphabet Inc. Class A | 0.09% | 1,070 | $335K | Add +0.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.09% | 1,119 | $312K | No change |
| BX Blackstone Inc. | 0.09% | 1,999 | $308K | Reduce -3.5% |
| IUSG iShares Core S&P U.S. Growth | 0.08% | 1,716 | $288K | Reduce -0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 903 | $267K | Reduce -0.9% |
| IEMG iShares Core MSCI Emerging | 0.07% | 3,926 | $264K | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.07% | 525 | $264K | Reduce -7.2% |
| JPM JPMorgan Chase & Co. | 0.07% | 816 | $263K | Reduce -6.6% |
| QUAL iShares MSCI USA Quality Fac | 0.07% | 1,309 | $260K | Add +3.4% |
| RTX RTX Corp. | 0.07% | 1,339 | $246K | Reduce -3.5% |
| JNJ Johnson & Johnson | 0.07% | 1,168 | $242K | Reduce -8.0% |
| LLY Eli Lilly & Co. | 0.07% | 220 | $236K | New |
| ETN Eaton Corp. PLC | 0.07% | 734 | $234K | Add +0.8% |
| FPE FT-Preferred Secur & Inc. ETF | 0.06% | 12,770 | $233K | Add +24.2% |
| MBB iShares MBS ETF | 0.06% | 2,401 | $229K | Reduce -3.2% |
| RDVY First Trust Rising Dividend | 0.06% | 3,274 | $227K | New |
| IWD iShares Russell 1000 Value E | 0.06% | 1,070 | $225K | Reduce -4.3% |
| VYM Vanguard High DVD Yield ETF | 0.06% | 1,517 | $218K | Add +0.1% |
| COIN Coinbase Global Inc. Class A | 0.06% | 907 | $205K | New |
| IUSV iShares Core S&P U.S. Value | 0.06% | 1,968 | $202K | New |
| JOBY Joby Aviation Inc. | 0.05% | 12,400 | $164K | New |
Portfolio Sells Q3 2025 → Q4 2025
| KNF Knife River Corp. | Sold out | 0.00% | −1.37 |
| MSFT Microsoft Corp. | Reduce -0.0% | 2.35% | −0.19 |
| BSX Boston Scientific Corp. | Reduce -0.1% | 2.40% | −0.08 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.08 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.07 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −0.06 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.06 |
| EXC Exelon Corp. | Sold out | 0.00% | −0.06 |
| SPSB SS SPDR P St C Corp. ETF | Sold out | 0.00% | −0.06 |
| TEM Tempus AI Inc. Class A | Sold out | 0.00% | −0.06 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.06 |
| VXUS Vanguard Total Intl Stock | Reduce -5.5% | 1.07% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -8.5% | 0.23% | −0.02 |
| NVDA Nvidia Corp. | Reduce -1.5% | 0.80% | −0.02 |
| IDCC Interdigital Inc. | Reduce -0.1% | 0.16% | −0.01 |
| BX Blackstone Inc. | Reduce -3.5% | 0.09% | −0.01 |
| KCE SS SPDR S&P Cap MKTS ETF | Reduce -9.8% | 0.10% | −0.01 |
| CEG Constellation Energy | Reduce -13.5% | 0.13% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.2% | 0.07% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.9% | 0.16% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.5% | 0.13% | −0.01 |
| MCD McDonald's Corp. | Reduce -3.8% | 0.11% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -6.6% | 0.07% | −0.00 |
| MBB iShares MBS ETF | Reduce -3.2% | 0.06% | −0.00 |
| GOVT iShares US Treasury Bond ETF | Reduce -1.1% | 0.10% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -4.3% | 0.06% | −0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -1.0% | 0.12% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.6% | 0.15% | −0.00 |
| IUSG iShares Core S&P U.S. Growth | Reduce -0.7% | 0.08% | +0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -0.5% | 0.07% | +0.00 |
| JNJ Johnson & Johnson | Reduce -8.0% | 0.07% | +0.00 |
| IBM Intl Business Machines Corp. | Reduce -0.9% | 0.07% | +0.00 |
| RTX RTX Corp. | Reduce -3.5% | 0.07% | +0.00 |
| CIEN Ciena Corp. | Reduce -0.6% | 0.12% | +0.04 |
| GEV GE Vernova Inc. | Reduce -3.2% | 4.98% | +0.10 |
| AAPL Apple Inc. | Reduce -0.7% | 3.14% | +0.15 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -2.0% | 3.72% | +0.20 |
Portfolio Buys Q3 2025 → Q4 2025
| HII Huntington Ingalls Industrie | New | 1.18% | +1.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.4% | 21.95% | +0.40 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +1.1% | 7.02% | +0.27 |
| BSCV Invesco Bulletshares 2031 CB | Add +4.7% | 5.34% | +0.20 |
| PLD Prologis Inc. | Add +2.1% | 1.75% | +0.20 |
| IVV iShares Core S&P 500 ETF | Add +0.5% | 5.61% | +0.11 |
| AMZN Amazon.com Inc. | Add +0.3% | 2.43% | +0.11 |
| LLY Eli Lilly & Co. | New | 0.07% | +0.07 |
| RDVY First Trust Rising Dividend | New | 0.06% | +0.06 |
| SPHQ Invesco S&P 500 Quality ETF | Add +0.5% | 3.15% | +0.06 |
| XOM Exxon Mobil Corp. | Add +64.7% | 0.15% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +0.8% | 0.26% | +0.06 |
| COIN Coinbase Global Inc. Class A | New | 0.06% | +0.06 |
| IUSV iShares Core S&P U.S. Value | New | 0.06% | +0.06 |
| BSCT Invesco Bulletshares 2029 CB | Add +1.8% | 4.93% | +0.05 |
| USFR Wisdomtree Floating Rate Tre | Add +2.0% | 3.91% | +0.05 |
| JOBY Joby Aviation Inc. | New | 0.05% | +0.05 |
| IBTL iShares Ibonds Dec 2031 Term | Add +2.9% | 2.09% | +0.04 |
| IBTO iShares Ibonds Dec 2033 Tres | Add +2.9% | 2.08% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 0.09% | +0.02 |
| SDVY First Trust Smid Cap Rising | Add +16.1% | 0.10% | +0.01 |
| BAC Bank of America Corp. | Add +0.0% | 0.25% | +0.01 |
| FPE FT-Preferred Secur & Inc. ETF | Add +24.2% | 0.06% | +0.01 |
| FTGC First Trust Global Tactical | Add +24.4% | 0.13% | +0.01 |
| AVGO Broadcom Inc. | Add +2.4% | 0.12% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1.1% | 0.26% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +7.0% | 0.17% | +0.01 |
| HDEF Xtrackers MSCI Eafe High Div | Add +0.0% | 0.11% | +0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +3.4% | 0.07% | +0.00 |
| SPLV Invesco S&P 500 Low Volatili | Add +6.3% | 0.13% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.1% | 0.06% | +0.00 |
| ALL Allstate Corp. | Add +0.2% | 0.10% | −0.00 |
| ETN Eaton Corp. PLC | Add +0.8% | 0.07% | −0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +4.0% | 0.10% | −0.02 |
| COST Costco Wholesale Corp. | Add +0.7% | 2.24% | −0.17 |
| PGR Progressive Corp. | Add +0.2% | 12.66% | −1.16 |
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 |