Heron Bay Capital Management

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Heron Bay Capital Management reported 106 stock positions worth $471.3 million. Its top holding was Vontier (VNT) at 7.0% of the portfolio, followed by LPL Financial (LPLA, 5.0%) and Schwab (charles) (SCHW, 4.4%). Compared with Q4 2023, it opened 18 new positions, sold out of 5, added to 44 and reduced 30. The biggest buy was Zebra Technologies Class A (ZBRA, shares +178%) and the biggest sale Warner Bros Discovery (WBD, shares −18%).

Most Recent 13F
Q2 2026
Location
BLOOMFIELD HILLS, MI
CIK
0001842149
Portfolio Value
$471.3M (Q1 2024)
SEC Filing
0001951757-24-000478 ↗ filed May 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $471.3M $471.3M Q1 2024 Q2 2024: $469.5M Q2 2024 Q3 2024: $475.4M Q3 2024 Q4 2024: $478.6M Q4 2024 Q1 2025: $475.7M Q1 2025 Q2 2025: $508.2M Q2 2025 Q3 2025: $535.8M Q3 2025 Q4 2025: $524.3M Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 106 stocks · $471.3M
VNT Vontier Corp. 7.02% 729,703 $33.1M Reduce -2.9%
LPLA LPL Financial Holdings Inc. 5.04% 89,929 $23.8M Reduce -4.6%
SCHW Schwab (charles) Corp. 4.40% 286,676 $20.7M Add +0.3%
MSFT Microsoft Corp. 4.09% 45,811 $19.3M Add +0.4%
GOOGL Alphabet Inc. Class A 3.80% 118,651 $17.9M Add +1.0%
CCSI Consensus Cloud Solution 3.70% 1,100,425 $17.5M Add +63.7%
FOXA Fox Corp. Class A 3.53% 531,647 $16.6M Add +0.1%
SSNC Ss&c Technologies Holdings 3.36% 245,765 $15.8M Reduce -6.5%
META Meta Platforms Inc. Class A 3.34% 32,457 $15.8M Reduce -8.8%
FDS Factset Research Systems Inc. 3.25% 33,725 $15.3M Add +0.5%
AAPL Apple Inc. 3.16% 86,813 $14.9M Add +0.0%
AMZN Amazon.com Inc. 3.04% 79,463 $14.3M Reduce -3.3%
TRU Transunion 2.93% 173,183 $13.8M Add +0.4%
WBD Warner Bros Discovery Inc. 2.65% 1,428,206 $12.5M Reduce -17.6%
ROK Rockwell Automation Inc. 2.54% 41,125 $12.0M Add +1.1%
BRK.B Berkshire Hathaway Inc. Class B 2.20% 24,602 $10.3M Reduce -0.7%
THQ Abrdn Healthcare Opport 2.17% 508,047 $10.2M No change
MCK McKesson Corp. 2.10% 18,436 $9.9M Add +13.1%
ZBRA Zebra Technologies Corp. Class A 2.09% 32,703 $9.9M Add +178.4%
CMCSA Comcast Corp. Class A 2.06% 223,961 $9.7M Add +0.5%
BRO Brown & Brown Inc. 2.05% 110,233 $9.6M Add +0.4%
IJR iShares Core S&P Small-Cap E 2.04% 86,869 $9.6M Add +3.0%
LRCX Lam Research Corp. 1.98% 9,622 $9.3M Reduce -0.5%
JNJ Johnson & Johnson 1.55% 46,294 $7.3M Reduce -0.5%
ULTA Ulta Beauty Inc. 1.47% 13,218 $6.9M Reduce -0.1%
TXN Texas Instruments Inc. 1.40% 37,916 $6.6M Reduce -0.1%
KKR KKR & Co. Inc. 1.35% 63,425 $6.4M Add +1.0%
XDCFX BNYM Alcentra GLBL CRDT 2024 filed as BNY MELLON ALCENTRA GLOBAL C 1.35% 740,190 $6.4M Add +0.0%
BUD Anheuser-Busch Inbev-SPN ADR 1.31% 101,661 $6.2M Add +1.1%
LH Laboratory CRP of Amer Hldgs 1.28% 27,548 $6.0M Reduce -0.5%
APAM Artisan Partners Asset Ma -A 1.24% 128,011 $5.9M Add +2.5%
NCZ Virtus Convertible & Inc. FD 1.21% 1,911,598 $5.7M Add +0.1%
EBAY eBay Inc. 1.17% 104,661 $5.5M Add +70.7%
CHKP Check Point Software Tech 1.14% 32,781 $5.4M Reduce -0.4%
XETYX Eaton Vance Tax-MGD Div Eqty 1.05% 371,601 $5.0M Add +0.4%
IWN iShares Russell 2000 Value E 1.05% 31,091 $4.9M No change
CPAY Corpay Inc. 1.01% 15,483 $4.8M No change
NMAI Nuveen Multi-Asset Income 0.98% 372,964 $4.6M Add +0.1%
PFE Pfizer Inc. 0.80% 135,857 $3.8M Add +513.2%
GOOG Alphabet Inc. Class C 0.62% 19,267 $2.9M No change
NTAP Netapp Inc. 0.58% 25,973 $2.7M Add +1.2%
TAP Molson Coors Beverage Co. Class B 0.56% 39,413 $2.7M Reduce -6.0%
JHG Janus Henderson Group PLC 0.48% 68,364 $2.2M Reduce -0.3%
AVUV Avantis US Small Cap Value 0.47% 23,455 $2.2M Add +80.7%
IVV iShares Core S&P 500 ETF 0.41% 3,636 $1.9M No change
PRGS Progress Software Corp. 0.39% 34,480 $1.8M Reduce -56.9%
INCY Incyte Corp. 0.26% 21,342 $1.2M Add +69.8%
ZD Ziff Davis Inc. 0.24% 17,845 $1.1M Reduce -1.7%
CRUS Cirrus Logic Inc. 0.21% 10,672 $988K Add +1.6%
SYNA Synaptics Inc. 0.19% 9,197 $897K Add +1.3%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.18% 10,109 $841K New
SMMD iShares Russell 2500 ETF 0.18% 12,582 $826K Add +66.0%
UNH Unitedhealth Group Inc. 0.17% 1,629 $806K Reduce -0.5%
TSM Taiwan Semiconductor-SP ADR 0.16% 5,651 $769K Reduce -0.0%
BSCQ Invesco Bulletshares 2026 CB 0.15% 37,217 $715K No change
BN Brookfield Corp. 0.15% 16,583 $694K Reduce -0.0%
BSCO Invesco Bulletshares 2024 CB 0.14% 31,605 $663K No change
BRK.A Berkshire Hathaway Inc. Class A 0.13% 1 $634K No change
EXEL Exelixis Inc. 0.13% 25,848 $613K Reduce -25.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 4,750 $581K No change
ACN Accenture PLC Class A 0.12% 1,640 $568K Add +2.4%
QLTY GMO U.S. Quality ETF 0.12% 18,963 $563K New
YELP Yelp Inc. 0.11% 13,326 $525K Reduce -8.1%
TDC Teradata Corp. 0.09% 11,062 $428K Add +1.5%
AVK Advent Convert & Income 0.09% 35,114 $419K No change
NATR Natures Sunshine Prods Inc. 0.09% 20,068 $417K Add +22.6%
OTEX Open Text Corp. 0.09% 10,706 $416K No change
CB Chubb Ltd. 0.08% 1,545 $400K No change
BHP BHP Group Ltd.-Spon ADR 0.08% 6,732 $388K Reduce -0.5%
MLI Mueller Industries Inc. 0.08% 7,170 $387K Add +1.9%
PNR Pentair PLC 0.07% 4,102 $350K Reduce -0.1%
FLXS Flexsteel Inds 0.06% 7,990 $298K New
ITRN Ituran Location and Control 0.06% 9,982 $279K Add +18.3%
PG The Procter & Gamble Co. 0.06% 1,685 $273K Reduce -29.4%
FFIV F5 Inc. 0.06% 1,390 $264K Add +6.8%
MEDP Medpace Holdings Inc. 0.06% 643 $260K New
APEI American Public Education 0.05% 17,298 $246K Reduce -33.6%
DSP Viant Technology Inc. Class A 0.05% 22,841 $243K New
ESOA Energy Services of America 0.05% 28,409 $234K New
SNPS Synopsys Inc. 0.05% 396 $226K New
LTRX Lantronix Inc. 0.05% 63,513 $226K New
BAM Brookfield Asset Mgmt-A 0.05% 5,179 $218K Reduce -0.0%
DBX Dropbox Inc. Class A 0.05% 8,788 $214K Add +4.3%
RQI Cohen & Steers Qual Inc. RLTY 0.04% 16,281 $197K Reduce -1.4%
LCUT Lifetime Brands Inc. 0.04% 18,690 $196K Add +81.1%
ARC Arc Document Solutions Inc. 0.04% 60,601 $168K Add +29.6%
SAMG Silvercrest Asset Manageme-A 0.03% 10,261 $162K New
MG Mistras Group Inc. 0.03% 14,907 $143K Add +43.0%
LFVN Lifevantage Corp. 0.03% 23,032 $139K Add +3.1%
ITI Iteris Inc. 0.03% 27,058 $134K Add +5.3%
CVGI Commercial Vehicle Group Inc. 0.03% 19,887 $128K Add +20.6%
DERM Journey Medical Corp. 0.03% 33,669 $124K New
CRD.A Crawford & Company Class A 0.03% 13,135 $124K Reduce -26.1%
OPFI Oppfi Inc. 0.02% 45,788 $114K Add +18.5%
NL Nli Holdings Inc. filed as NL INDS INC 0.02% 14,570 $107K New
ZDGE Zedge Inc. Class B 0.02% 36,924 $102K New
TACT Transact Technologies Inc. 0.02% 17,077 $89K Add +2.3%
CXDO Crexendo Inc. 0.02% 18,166 $87K New
GASS Stealthgas Inc. 0.02% 13,162 $78K New
NCV Virtus Convertible & Income 0.02% 23,162 $77K No change
ABEV Ambev SA-ADR 0.01% 19,167 $48K New
FPAYQ Flexshopper Inc. 0.01% 28,544 $43K New
MKTW Marketwise Inc. 0.01% 19,229 $33K Reduce -19.8%
CGEN Compugen Ltd. 0.01% 12,547 $32K New
CCLD Carecloud Inc. 0.00% 15,247 $18K No change
GAU Galiano Gold Inc. 0.00% 10,497 $15K New

Portfolio Sells Q4 2023 → Q1 2024
WBD Warner Bros Discovery Inc. Reduce -17.6% 2.65% −1.92
PRGS Progress Software Corp. Reduce -56.9% 0.39% −0.62
SSNC Ss&c Technologies Holdings Reduce -6.5% 3.36% −0.36
LH Laboratory CRP of Amer Hldgs Reduce -0.5% 1.28% −0.18
JNJ Johnson & Johnson Reduce -0.5% 1.55% −0.13
TXN Texas Instruments Inc. Reduce -0.1% 1.40% −0.10
EXEL Exelixis Inc. Reduce -25.3% 0.13% −0.06
ELTK Eltek Ltd. Sold out 0.00% −0.06
YELP Yelp Inc. Reduce -8.1% 0.11% −0.05
ZD Ziff Davis Inc. Reduce -1.7% 0.24% −0.04
MAMA Mama's Creations Inc. Sold out 0.00% −0.04
VIRC Virco MFG Corporation Sold out 0.00% −0.04
ULTA Ulta Beauty Inc. Reduce -0.1% 1.47% −0.03
TAP Molson Coors Beverage Co. Class B Reduce -6.0% 0.56% −0.03
UNH Unitedhealth Group Inc. Reduce -0.5% 0.17% −0.03
CRD.A Crawford & Company Class A Reduce -26.1% 0.03% −0.03
BHP BHP Group Ltd.-Spon ADR Reduce -0.5% 0.08% −0.02
CHKP Check Point Software Tech Reduce -0.4% 1.14% −0.02
PG The Procter & Gamble Co. Reduce -29.4% 0.06% −0.02
CGAU Centerra Gold Inc. Sold out 0.00% −0.02
ETON Eton Pharmaceuticals Inc. Sold out 0.00% −0.01
MKTW Marketwise Inc. Reduce -19.8% 0.01% −0.01
BN Brookfield Corp. Reduce -0.0% 0.15% −0.01
APEI American Public Education Reduce -33.6% 0.05% −0.01
RQI Cohen & Steers Qual Inc. RLTY Reduce -1.4% 0.04% −0.01
BAM Brookfield Asset Mgmt-A Reduce -0.0% 0.05% −0.00
JHG Janus Henderson Group PLC Reduce -0.3% 0.48% −0.00
PNR Pentair PLC Reduce -0.1% 0.07% +0.01
TSM Taiwan Semiconductor-SP ADR Reduce -0.0% 0.16% +0.03
LPLA LPL Financial Holdings Inc. Reduce -4.6% 5.04% +0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.7% 2.20% +0.15
AMZN Amazon.com Inc. Reduce -3.3% 3.04% +0.15
LRCX Lam Research Corp. Reduce -0.5% 1.98% +0.23
META Meta Platforms Inc. Class A Reduce -8.8% 3.34% +0.43
VNT Vontier Corp. Reduce -2.9% 7.02% +1.01

Portfolio Buys Q4 2023 → Q1 2024
ZBRA Zebra Technologies Corp. Class A Add +178.4% 2.09% +1.35
PFE Pfizer Inc. Add +513.2% 0.80% +0.65
EBAY eBay Inc. Add +70.7% 1.17% +0.55
MCK McKesson Corp. Add +13.1% 2.10% +0.35
BRO Brown & Brown Inc. Add +0.4% 2.05% +0.24
AVUV Avantis US Small Cap Value Add +80.7% 0.47% +0.20
TRU Transunion Add +0.4% 2.93% +0.19
CF CF Industries Holdings Inc. New 0.18% +0.18
KKR KKR & Co. Inc. Add +1.0% 1.35% +0.15
QLTY GMO U.S. Quality ETF New 0.12% +0.12
MSFT Microsoft Corp. Add +0.4% 4.09% +0.12
INCY Incyte Corp. Add +69.8% 0.26% +0.08
SMMD iShares Russell 2500 ETF Add +66.0% 0.18% +0.07
FLXS Flexsteel Inds New 0.06% +0.06
MEDP Medpace Holdings Inc. New 0.06% +0.06
NTAP Netapp Inc. Add +1.2% 0.58% +0.05
DSP Viant Technology Inc. Class A New 0.05% +0.05
ESOA Energy Services of America New 0.05% +0.05
LTRX Lantronix Inc. New 0.05% +0.05
SNPS Synopsys Inc. New 0.05% +0.05
SAMG Silvercrest Asset Manageme-A New 0.03% +0.03
DERM Journey Medical Corp. New 0.03% +0.03
LCUT Lifetime Brands Inc. Add +81.1% 0.04% +0.03
NATR Natures Sunshine Prods Inc. Add +22.6% 0.09% +0.02
NL Nli Holdings Inc. New 0.02% +0.02
ZDGE Zedge Inc. Class B New 0.02% +0.02
CXDO Crexendo Inc. New 0.02% +0.02
GASS Stealthgas Inc. New 0.02% +0.02
MG Mistras Group Inc. Add +43.0% 0.03% +0.01
ABEV Ambev SA-ADR New 0.01% +0.01
XETYX Eaton Vance Tax-MGD Div Eqty Add +0.4% 1.05% +0.01
FPAYQ Flexshopper Inc. New 0.01% +0.01
CRUS Cirrus Logic Inc. Add +1.6% 0.21% +0.01
CGEN Compugen Ltd. New 0.01% +0.01
ITRN Ituran Location and Control Add +18.3% 0.06% +0.01
MLI Mueller Industries Inc. Add +1.9% 0.08% +0.01
GAU Galiano Gold Inc. New 0.00% +0.00
FFIV F5 Inc. Add +6.8% 0.06% +0.00
CVGI Commercial Vehicle Group Inc. Add +20.6% 0.03% +0.00
ARC Arc Document Solutions Inc. Add +29.6% 0.04% +0.00
GOOGL Alphabet Inc. Class A Add +1.0% 3.80% −0.00
LFVN Lifevantage Corp. Add +3.1% 0.03% −0.00
ITI Iteris Inc. Add +5.3% 0.03% −0.00
TACT Transact Technologies Inc. Add +2.3% 0.02% −0.01
ACN Accenture PLC Class A Add +2.4% 0.12% −0.01
DBX Dropbox Inc. Class A Add +4.3% 0.05% −0.01
TDC Teradata Corp. Add +1.5% 0.09% −0.02
OPFI Oppfi Inc. Add +18.5% 0.02% −0.02
APAM Artisan Partners Asset Ma -A Add +2.5% 1.24% −0.03
XDCFX BNYM Alcentra GLBL CRDT 2024 Add +0.0% 1.35% −0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 97$1.1BCCSI, LPLA, AMZN, VNT, SCHW
Q1 2026 78$1.1BVNT, LPLA, SCHW, AMZN, GOOGL
Q4 2025 112$524.3MVNT, LPLA, GOOGL, CCSI, SCHW
Q3 2025 109$535.8MCCSI, VNT, GOOGL, LPLA, SCHW
Q2 2025 114$508.2MVNT, LPLA, CCSI, GOOGL, MSFT
Q1 2025 116$475.7MLPLA, VNT, CCSI, GOOGL, SSNC
Q4 2024 112$478.6MLPLA, VNT, CCSI, MSFT, GOOGL
Q3 2024 105$475.4MVNT, LPLA, CCSI, SSNC, MSFT
Q2 2024 93$469.5MVNT, LPLA, GOOGL, SCHW, MSFT
Q1 2024 106$471.3MVNT, LPLA, SCHW, MSFT, GOOGL