Heron Bay Capital Management
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 8, 2024), Heron Bay Capital Management reported 105 stock positions worth $475.4 million. Its top holding was Vontier (VNT) at 5.3% of the portfolio, followed by LPL Financial (LPLA, 4.7%) and Consensus Cloud Solution (CCSI, 4.6%). Compared with Q2 2024, it opened 24 new positions, sold out of 12, added to 36 and reduced 39. The biggest buy was BNYM Alcentra GLBL CRDT 2024 (XDCFX, shares +87%) and the biggest sale an exit from Virtus Convertible & Inc. FD (NCZ).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMFIELD HILLS, MI
- CIK
- 0001842149
- Portfolio Value
- $475.4M (Q3 2024)
- SEC Filing
- 0001951757-24-001193 ↗ filed Nov 8, 2024
Holdings Value
Holdings 105 stocks · $475.4M
| VNT Vontier Corp. | 5.29% | 745,482 | $25.2M | Add +0.6% |
| LPLA LPL Financial Holdings Inc. | 4.70% | 96,131 | $22.4M | Add +7.0% |
| CCSI Consensus Cloud Solution | 4.62% | 932,832 | $22.0M | Reduce -3.3% |
| SSNC Ss&c Technologies Holdings | 4.38% | 280,426 | $20.8M | Reduce -8.2% |
| MSFT Microsoft Corp. | 4.34% | 47,901 | $20.6M | Add +4.7% |
| FDS Factset Research Systems Inc. | 3.78% | 39,128 | $18.0M | Reduce -5.2% |
| GOOGL Alphabet Inc. Class A | 3.74% | 107,071 | $17.8M | Reduce -10.2% |
| SCHW Schwab (charles) Corp. | 3.69% | 270,414 | $17.5M | Reduce -4.0% |
| TRU Transunion | 3.66% | 166,193 | $17.4M | Reduce -6.7% |
| META Meta Platforms Inc. Class A | 3.21% | 26,672 | $15.3M | Reduce -7.5% |
| ULTA Ulta Beauty Inc. | 3.16% | 38,639 | $15.0M | Add +26.6% |
| FOXA Fox Corp. Class A | 3.13% | 351,185 | $14.9M | Reduce -30.4% |
| AMZN Amazon.com Inc. | 3.10% | 79,132 | $14.7M | Add +0.7% |
| XDCFX BNYM Alcentra GLBL CRDT 2024 filed as BNY MELLON ALCENTRA GLOBAL C | 2.71% | 1,401,361 | $12.9M | Add +87.0% |
| ROK Rockwell Automation Inc. | 2.47% | 43,791 | $11.8M | Add +2.7% |
| ZBRA Zebra Technologies Corp. Class A | 2.39% | 30,660 | $11.4M | Reduce -6.6% |
| AAPL Apple Inc. | 2.37% | 48,312 | $11.3M | Reduce -6.2% |
| IJR iShares Core S&P Small-Cap E | 2.22% | 90,109 | $10.5M | Add +3.8% |
| BRO Brown & Brown Inc. | 2.15% | 98,859 | $10.2M | Reduce -10.6% |
| THQ Abrdn Healthcare Opport | 2.07% | 446,368 | $9.9M | Reduce -12.1% |
| MCK McKesson Corp. | 1.96% | 18,860 | $9.3M | Add +1.7% |
| WBD Warner Bros Discovery Inc. | 1.96% | 1,128,669 | $9.3M | Reduce -28.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.85% | 19,124 | $8.8M | Reduce -6.9% |
| KKR KKR & Co. Inc. | 1.51% | 55,049 | $7.2M | Reduce -3.6% |
| TXN Texas Instruments Inc. | 1.51% | 34,653 | $7.2M | Reduce -9.1% |
| LRCX Lam Research Corp. | 1.45% | 8,430 | $6.9M | Reduce -8.4% |
| MSCI MSCI Inc. | 1.41% | 11,512 | $6.7M | Reduce -6.9% |
| EBAY eBay Inc. | 1.41% | 102,918 | $6.7M | Reduce -2.6% |
| IWN iShares Russell 2000 Value E | 1.38% | 39,423 | $6.6M | Add +26.8% |
| BUD Anheuser-Busch Inbev-SPN ADR | 1.37% | 98,251 | $6.5M | Reduce -5.6% |
| CMCSA Comcast Corp. Class A | 1.35% | 153,286 | $6.4M | Reduce -31.6% |
| LH Labcorp Holdings Inc. | 1.22% | 25,987 | $5.8M | Add +0.3% |
| CHKP Check Point Software Tech | 1.17% | 28,927 | $5.6M | Reduce -12.0% |
| CPAY Corpay Inc. | 1.06% | 16,181 | $5.1M | Reduce -5.8% |
| APAM Artisan Partners Asset Ma -A | 0.99% | 108,853 | $4.7M | Reduce -7.3% |
| PRGS Progress Software Corp. | 0.99% | 69,696 | $4.7M | New |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.98% | 316,838 | $4.6M | Reduce -13.5% |
| NMAI Nuveen Multi-Asset Income | 0.88% | 315,389 | $4.2M | Reduce -15.4% |
| AVUV Avantis US Small Cap Value | 0.62% | 30,745 | $3.0M | Add +38.8% |
| GOOG Alphabet Inc. Class C | 0.61% | 17,375 | $2.9M | No change |
| TAP Molson Coors Beverage Co. Class B | 0.60% | 49,947 | $2.9M | Add +27.0% |
| POOL Pool Corp. | 0.55% | 6,958 | $2.6M | Add +2.3% |
| JNJ Johnson & Johnson | 0.53% | 15,460 | $2.5M | Reduce -17.5% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.39% | 26,275 | $1.8M | Add +4.1% |
| EXEL Exelixis Inc. | 0.38% | 69,363 | $1.8M | Add +6.3% |
| CRUS Cirrus Logic Inc. | 0.27% | 10,441 | $1.3M | Add +1.6% |
| ETSY Etsy Inc. | 0.23% | 20,002 | $1.1M | New |
| DOCU Docusign Inc. | 0.21% | 16,184 | $1.0M | Add +3.8% |
| INCY Incyte Corp. | 0.21% | 15,006 | $992K | Add +0.7% |
| UNH Unitedhealth Group Inc. | 0.21% | 1,694 | $990K | Add +4.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 5,355 | $930K | Reduce -6.2% |
| QLTY GMO U.S. Quality ETF | 0.19% | 27,887 | $909K | Add +4.0% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.19% | 10,550 | $905K | Add +4.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 1 | $691K | No change |
| BN Brookfield Corp. | 0.14% | 12,923 | $687K | Reduce -23.1% |
| ZD Ziff Davis Inc. | 0.14% | 13,559 | $660K | Reduce -23.3% |
| BSCO Invesco Bulletshares 2024 CB | 0.13% | 28,744 | $607K | Reduce -9.1% |
| BSCQ Invesco Bulletshares 2026 CB | 0.12% | 29,206 | $571K | Reduce -21.5% |
| ACGL Arch Capital Group Ltd. | 0.12% | 4,905 | $549K | New |
| BMY Bristol-Myers Squibb Co. | 0.12% | 10,575 | $547K | Reduce -15.8% |
| ACN Accenture PLC Class A | 0.11% | 1,516 | $536K | Reduce -13.0% |
| EG Everest Group Ltd. | 0.11% | 1,317 | $516K | Add +2.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 4,800 | $462K | Add +1.1% |
| OTEX Open Text Corp. | 0.10% | 13,708 | $456K | Add +11.9% |
| CB Chubb Ltd. | 0.09% | 1,545 | $446K | No change |
| DBX Dropbox Inc. Class A | 0.09% | 16,391 | $417K | Add +10.0% |
| AVK Advent Convert & Income | 0.09% | 35,114 | $412K | No change |
| BHP BHP Group Ltd.-Spon ADR | 0.08% | 5,836 | $362K | Reduce -20.5% |
| IBEX Ibex Ltd. | 0.07% | 16,830 | $336K | New |
| ITRN Ituran Location and Control | 0.07% | 12,609 | $335K | Add +18.9% |
| ZDGE Zedge Inc. Class B | 0.06% | 75,344 | $279K | Add +40.1% |
| LTRX Lantronix Inc. | 0.06% | 67,056 | $276K | Add +5.0% |
| EXPE Expedia Group Inc. | 0.06% | 1,835 | $272K | New |
| DSP Viant Technology Inc. Class A | 0.06% | 24,016 | $266K | Add +4.8% |
| MRK Merck & Co. Inc. | 0.05% | 2,122 | $241K | New |
| WMT Walmart Inc. | 0.05% | 2,959 | $239K | New |
| OPFI Oppfi Inc. | 0.05% | 48,100 | $228K | Add +4.9% |
| GIFI Gulf Island Fabrication Inc. | 0.05% | 40,185 | $227K | Add +4.3% |
| IDCC Interdigital Inc. | 0.05% | 1,524 | $216K | New |
| MEDP Medpace Holdings Inc. | 0.05% | 643 | $215K | No change |
| HRTG Heritage Insurance Holdings | 0.04% | 16,427 | $201K | New |
| SNPS Synopsys Inc. | 0.04% | 396 | $201K | No change |
| UPLD Upland Software Inc. | 0.04% | 78,906 | $196K | Add +6.5% |
| CCLD Carecloud Inc. | 0.04% | 68,086 | $180K | Add +96.9% |
| PTVE Pactiv Evergreen Inc. | 0.04% | 15,442 | $178K | New |
| MG Mistras Group Inc. | 0.04% | 15,432 | $175K | New |
| FEIM Frequency Electronics Inc. | 0.04% | 13,818 | $167K | New |
| PPIH Perma-Pipe International Hol | 0.03% | 12,483 | $162K | New |
| NL Nli Holdings Inc. filed as NL INDS INC | 0.03% | 21,279 | $158K | Reduce -38.8% |
| AIRI Air Industries Group | 0.03% | 27,747 | $155K | New |
| APEI American Public Education | 0.03% | 10,366 | $153K | Reduce -23.4% |
| LFVN Lifevantage Corp. | 0.03% | 12,588 | $152K | Reduce -45.5% |
| KINS Kingstone Cos Inc. | 0.03% | 15,452 | $141K | New |
| CHCI Comstock Holding Companies | 0.03% | 12,003 | $120K | New |
| QUAD Quad Graphics Inc. | 0.02% | 24,323 | $110K | Add +7.3% |
| BWAY Brainsway Ltd.-ADR | 0.02% | 11,083 | $102K | New |
| GASS Stealthgas Inc. | 0.02% | 13,465 | $92K | New |
| TACT Transact Technologies Inc. | 0.02% | 18,146 | $88K | New |
| CXDO Crexendo Inc. | 0.02% | 18,567 | $86K | New |
| CRNT Ceragon Networks Ltd. | 0.02% | 29,346 | $80K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $699 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | 35,113 | $699 | No change |
Total filed on the 13F, all lines: $475.4M.
Portfolio Sells Q2 2024 → Q3 2024
| NCZ Virtus Convertible & Inc. FD | Sold out | 0.00% | −1.18 |
| GOOGL Alphabet Inc. Class A | Reduce -10.2% | 3.74% | −0.89 |
| SCHW Schwab (charles) Corp. | Reduce -4.0% | 3.69% | −0.74 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.72 |
| LRCX Lam Research Corp. | Reduce -8.4% | 1.45% | −0.64 |
| FOXA Fox Corp. Class A | Reduce -30.4% | 3.13% | −0.57 |
| WBD Warner Bros Discovery Inc. | Reduce -28.9% | 1.96% | −0.56 |
| CMCSA Comcast Corp. Class A | Reduce -31.6% | 1.35% | −0.52 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.27 |
| THQ Abrdn Healthcare Opport | Reduce -12.1% | 2.07% | −0.13 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Reduce -13.5% | 0.98% | −0.12 |
| NMAI Nuveen Multi-Asset Income | Reduce -15.4% | 0.88% | −0.10 |
| FFIV F5 Inc. | Sold out | 0.00% | −0.08 |
| BOXX Alpha Architect 1-3 MNTH Box | Sold out | 0.00% | −0.08 |
| TXN Texas Instruments Inc. | Reduce -9.1% | 1.51% | −0.07 |
| ZD Ziff Davis Inc. | Reduce -23.3% | 0.14% | −0.07 |
| PNR Pentair PLC | Sold out | 0.00% | −0.07 |
| JNJ Johnson & Johnson | Reduce -17.5% | 0.53% | −0.06 |
| KEQU Kewaunee Scientific CP | Sold out | 0.00% | −0.05 |
| ARC Arc Document Solutions Inc. | Sold out | 0.00% | −0.05 |
| MLI Mueller Industries Inc. | Sold out | 0.00% | −0.05 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.05 |
| NATR Natures Sunshine Prods Inc. | Sold out | 0.00% | −0.05 |
| APAM Artisan Partners Asset Ma -A | Reduce -7.3% | 0.99% | −0.04 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -21.5% | 0.12% | −0.03 |
| APEI American Public Education | Reduce -23.4% | 0.03% | −0.02 |
| NCV Virtus Convertible & Income | Sold out | 0.00% | −0.02 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -6.2% | 0.20% | −0.02 |
| BSCO Invesco Bulletshares 2024 CB | Reduce -9.1% | 0.13% | −0.01 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -20.5% | 0.08% | −0.01 |
| NL Nli Holdings Inc. | Reduce -38.8% | 0.03% | −0.01 |
| BTCS BTCS Inc. | Reduce -27.9% | 0.01% | −0.01 |
| BN Brookfield Corp. | Reduce -23.1% | 0.14% | −0.00 |
| ACN Accenture PLC Class A | Reduce -13.0% | 0.11% | +0.00 |
| LFVN Lifevantage Corp. | Reduce -45.5% | 0.03% | +0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -15.8% | 0.12% | +0.00 |
| CHKP Check Point Software Tech | Reduce -12.0% | 1.17% | +0.02 |
| BRO Brown & Brown Inc. | Reduce -10.6% | 2.15% | +0.05 |
| AAPL Apple Inc. | Reduce -6.2% | 2.37% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.9% | 1.85% | +0.07 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -5.6% | 1.37% | +0.08 |
| CPAY Corpay Inc. | Reduce -5.8% | 1.06% | +0.09 |
| META Meta Platforms Inc. Class A | Reduce -7.5% | 3.21% | +0.11 |
| MSCI MSCI Inc. | Reduce -6.9% | 1.41% | +0.14 |
| FDS Factset Research Systems Inc. | Reduce -5.2% | 3.78% | +0.20 |
| EBAY eBay Inc. | Reduce -2.6% | 1.41% | +0.20 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -6.6% | 2.39% | +0.23 |
| KKR KKR & Co. Inc. | Reduce -3.6% | 1.51% | +0.23 |
| SSNC Ss&c Technologies Holdings | Reduce -8.2% | 4.38% | +0.30 |
| TRU Transunion | Reduce -6.7% | 3.66% | +0.85 |
Portfolio Buys Q2 2024 → Q3 2024
| XDCFX BNYM Alcentra GLBL CRDT 2024 | Add +87.0% | 2.71% | +1.29 |
| PRGS Progress Software Corp. | New | 0.99% | +0.99 |
| ULTA Ulta Beauty Inc. | Add +26.6% | 3.16% | +0.65 |
| IWN iShares Russell 2000 Value E | Add +26.8% | 1.38% | +0.37 |
| IJR iShares Core S&P Small-Cap E | Add +3.8% | 2.22% | +0.24 |
| ETSY Etsy Inc. | New | 0.23% | +0.23 |
| AVUV Avantis US Small Cap Value | Add +38.8% | 0.62% | +0.20 |
| TAP Molson Coors Beverage Co. Class B | Add +27.0% | 0.60% | +0.18 |
| ACGL Arch Capital Group Ltd. | New | 0.12% | +0.12 |
| POOL Pool Corp. | Add +2.3% | 0.55% | +0.11 |
| LH Labcorp Holdings Inc. | Add +0.3% | 1.22% | +0.10 |
| IBEX Ibex Ltd. | New | 0.07% | +0.07 |
| ZM Zoom Communications Inc. | Add +4.1% | 0.39% | +0.07 |
| EXEL Exelixis Inc. | Add +6.3% | 0.38% | +0.07 |
| EXPE Expedia Group Inc. | New | 0.06% | +0.06 |
| MRK Merck & Co. Inc. | New | 0.05% | +0.05 |
| WMT Walmart Inc. | New | 0.05% | +0.05 |
| IDCC Interdigital Inc. | New | 0.05% | +0.05 |
| HRTG Heritage Insurance Holdings | New | 0.04% | +0.04 |
| PTVE Pactiv Evergreen Inc. | New | 0.04% | +0.04 |
| MG Mistras Group Inc. | New | 0.04% | +0.04 |
| FEIM Frequency Electronics Inc. | New | 0.04% | +0.04 |
| PPIH Perma-Pipe International Hol | New | 0.03% | +0.03 |
| DOCU Docusign Inc. | Add +3.8% | 0.21% | +0.03 |
| AIRI Air Industries Group | New | 0.03% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +4.4% | 0.21% | +0.03 |
| CF CF Industries Holdings Inc. | Add +4.4% | 0.19% | +0.03 |
| KINS Kingstone Cos Inc. | New | 0.03% | +0.03 |
| CHCI Comstock Holding Companies | New | 0.03% | +0.03 |
| CCLD Carecloud Inc. | Add +96.9% | 0.04% | +0.02 |
| ZDGE Zedge Inc. Class B | Add +40.1% | 0.06% | +0.02 |
| BWAY Brainsway Ltd.-ADR | New | 0.02% | +0.02 |
| GASS Stealthgas Inc. | New | 0.02% | +0.02 |
| TACT Transact Technologies Inc. | New | 0.02% | +0.02 |
| CXDO Crexendo Inc. | New | 0.02% | +0.02 |
| OTEX Open Text Corp. | Add +11.9% | 0.10% | +0.02 |
| CRNT Ceragon Networks Ltd. | New | 0.02% | +0.02 |
| DBX Dropbox Inc. Class A | Add +10.0% | 0.09% | +0.02 |
| INCY Incyte Corp. | Add +0.7% | 0.21% | +0.02 |
| OPFI Oppfi Inc. | Add +4.9% | 0.05% | +0.01 |
| ITRN Ituran Location and Control | Add +18.9% | 0.07% | +0.01 |
| QLTY GMO U.S. Quality ETF | Add +4.0% | 0.19% | +0.01 |
| GTEC Greenland Technologies-A | New | 0.01% | +0.01 |
| ABEV Ambev SA-ADR | New | 0.01% | +0.01 |
| LTRX Lantronix Inc. | Add +5.0% | 0.06% | +0.01 |
| OPRT Oportun Financial Corp. | New | 0.01% | +0.01 |
| DSP Viant Technology Inc. Class A | Add +4.8% | 0.06% | +0.01 |
| EG Everest Group Ltd. | Add +2.0% | 0.11% | +0.00 |
| UPLD Upland Software Inc. | Add +6.5% | 0.04% | +0.00 |
| IPW Ipower Inc. | Add +8.0% | 0.01% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 97 | $1.1B | CCSI, LPLA, AMZN, VNT, SCHW |
| Q1 2026 | 78 | $1.1B | VNT, LPLA, SCHW, AMZN, GOOGL |
| Q4 2025 | 112 | $524.3M | VNT, LPLA, GOOGL, CCSI, SCHW |
| Q3 2025 | 109 | $535.8M | CCSI, VNT, GOOGL, LPLA, SCHW |
| Q2 2025 | 114 | $508.2M | VNT, LPLA, CCSI, GOOGL, MSFT |
| Q1 2025 | 116 | $475.7M | LPLA, VNT, CCSI, GOOGL, SSNC |
| Q4 2024 | 112 | $478.6M | LPLA, VNT, CCSI, MSFT, GOOGL |
| Q3 2024 | 105 | $475.4M | VNT, LPLA, CCSI, SSNC, MSFT |
| Q2 2024 | 93 | $469.5M | VNT, LPLA, GOOGL, SCHW, MSFT |
| Q1 2024 | 106 | $471.3M | VNT, LPLA, SCHW, MSFT, GOOGL |