Heron Bay Capital Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Heron Bay Capital Management reported 114 stock positions worth $508.2 million. Its top holding was Vontier (VNT) at 6.2% of the portfolio, followed by LPL Financial (LPLA, 6.1%) and Consensus Cloud Solution (CCSI, 5.3%). Compared with Q1 2025, it opened 23 new positions, sold out of 25, added to 46 and reduced 38. The biggest buy was a new position in Eaton Vance T/A GL DVD Incm (ETG) and the biggest sale iShares Core S&P Small-Cap E (IJR, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMFIELD HILLS, MI
- CIK
- 0001842149
- Portfolio Value
- $508.2M (Q2 2025)
- SEC Filing
- 0001951757-25-001071 ↗ filed Aug 12, 2025
Holdings Value
Holdings 114 stocks · $508.2M
| VNT Vontier Corp. | 6.16% | 847,960 | $31.3M | Add +11.9% |
| LPLA LPL Financial Holdings Inc. | 6.09% | 82,515 | $30.9M | Reduce -2.0% |
| CCSI Consensus Cloud Solution | 5.35% | 1,178,746 | $27.2M | Add +21.3% |
| GOOGL Alphabet Inc. Class A | 4.94% | 142,579 | $25.1M | Add +1.5% |
| MSFT Microsoft Corp. | 4.78% | 48,865 | $24.3M | Add +0.8% |
| SCHW Schwab (charles) Corp. | 4.76% | 264,955 | $24.2M | Reduce -0.8% |
| SSNC Ss&c Technologies Holdings | 4.52% | 277,282 | $23.0M | Add +8.9% |
| AMZN Amazon.com Inc. | 4.08% | 94,493 | $20.7M | Add +7.7% |
| META Meta Platforms Inc. Class A | 3.81% | 26,259 | $19.4M | Add +1.0% |
| FDS Factset Research Systems Inc. | 3.19% | 36,287 | $16.2M | Reduce -2.0% |
| TRU Transunion | 3.13% | 181,038 | $15.9M | Add +15.0% |
| ULTA Ulta Beauty Inc. | 3.11% | 33,793 | $15.8M | Reduce -0.5% |
| ROK Rockwell Automation Inc. | 2.79% | 42,740 | $14.2M | Reduce -1.1% |
| MCK McKesson Corp. | 2.77% | 19,192 | $14.1M | Reduce -0.1% |
| KKR KKR & Co. Inc. | 2.45% | 93,735 | $12.5M | Add +58.3% |
| FOXA Fox Corp. Class A | 2.15% | 194,927 | $10.9M | Reduce -31.2% |
| ZBRA Zebra Technologies Corp. Class A | 2.10% | 34,576 | $10.7M | Add +0.3% |
| BRO Brown & Brown Inc. | 1.96% | 89,889 | $10.0M | Reduce -8.2% |
| LRCX Lam Research Corp. | 1.74% | 90,869 | $8.8M | Add +9.8% |
| THQ Abrdn Healthcare Opport | 1.65% | 456,560 | $8.4M | Add +0.4% |
| WBD Warner Bros Discovery Inc. | 1.49% | 658,795 | $7.5M | Reduce -46.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.48% | 15,469 | $7.5M | Reduce -16.8% |
| PRGS Progress Software Corp. | 1.47% | 117,122 | $7.5M | Add +20.7% |
| MSCI MSCI Inc. | 1.32% | 11,638 | $6.7M | Add +0.2% |
| CPAY Corpay Inc. | 1.30% | 19,884 | $6.6M | Add +24.1% |
| ETG Eaton Vance T/A GL DVD Incm | 1.29% | 314,167 | $6.6M | New |
| XETYX Eaton Vance Tax-MGD Div Eqty | 1.24% | 406,483 | $6.3M | Add +28.4% |
| MEDP Medpace Holdings Inc. | 1.21% | 19,640 | $6.2M | Add +0.3% |
| LH Labcorp Holdings Inc. | 1.18% | 22,881 | $6.0M | Reduce -2.3% |
| TNET Trinet Group Inc. | 1.13% | 78,620 | $5.8M | Add +28.2% |
| CRM Salesforce Inc. | 1.02% | 19,082 | $5.2M | Add +6.3% |
| TXN Texas Instruments Inc. | 1.01% | 24,810 | $5.2M | Reduce -0.8% |
| CHKP Check Point Software Tech | 1.01% | 23,188 | $5.1M | Reduce -0.1% |
| ZTS Zoetis Inc. | 0.97% | 31,734 | $4.9M | Add +66.8% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.94% | 69,442 | $4.8M | Reduce -24.4% |
| POOL Pool Corp. | 0.80% | 13,916 | $4.1M | Add +16.3% |
| NMAI Nuveen Multi-Asset Income | 0.72% | 290,715 | $3.7M | Reduce -7.8% |
| IBP Installed Building Products | 0.69% | 19,441 | $3.5M | New |
| EXEL Exelixis Inc. | 0.64% | 73,683 | $3.2M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.61% | 17,524 | $3.1M | Reduce -0.3% |
| CRUS Cirrus Logic Inc. | 0.51% | 25,023 | $2.6M | Add +0.1% |
| SWKS Skyworks Solutions Inc. | 0.51% | 34,887 | $2.6M | Reduce -0.5% |
| INCY Incyte Corp. | 0.46% | 34,352 | $2.3M | Add +0.1% |
| ZM Zoom Communications Inc. | 0.42% | 27,522 | $2.1M | Reduce -0.0% |
| AAPL Apple Inc. | 0.29% | 7,301 | $1.5M | Reduce -73.2% |
| ETSY Etsy Inc. | 0.26% | 26,215 | $1.3M | Add +0.8% |
| DOCU Docusign Inc. | 0.25% | 16,093 | $1.3M | Add +0.4% |
| QRVO Qorvo Inc. | 0.23% | 13,926 | $1.2M | Add +0.2% |
| UTHR United Therapeutics Corp. | 0.22% | 3,858 | $1.1M | New |
| BWA Borgwarner Inc. | 0.20% | 30,493 | $1.0M | Reduce -0.1% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 21,107 | $977K | Reduce -43.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.19% | 4,293 | $972K | Add +0.5% |
| BN Brookfield Corp. | 0.16% | 13,076 | $809K | Add +1.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.14% | 1 | $729K | No change |
| HPQ HP Inc. | 0.13% | 26,517 | $649K | Add +0.0% |
| EG Everest Group Ltd. | 0.12% | 1,831 | $622K | Reduce -0.3% |
| ITRN Ituran Location and Control | 0.12% | 15,636 | $606K | Add +0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.12% | 4,750 | $589K | Reduce -1.0% |
| BSCQ Invesco Bulletshares 2026 CB | 0.11% | 29,206 | $570K | No change |
| AVK Advent Convert & Income | 0.10% | 42,823 | $519K | No change |
| ACN Accenture PLC Class A | 0.09% | 1,568 | $469K | Add +2.3% |
| ACGL Arch Capital Group Ltd. | 0.09% | 4,985 | $454K | Add +0.4% |
| QLTY GMO U.S. Quality ETF | 0.09% | 13,101 | $449K | Reduce -26.9% |
| CB Chubb Ltd. | 0.09% | 1,545 | $448K | No change |
| OTEX Open Text Corp. | 0.09% | 15,022 | $439K | Add +5.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.08% | 5,606 | $387K | Add +9.3% |
| QCOM Qualcomm Inc. | 0.07% | 2,287 | $364K | Add +4.6% |
| ZDGE Zedge Inc. Class B | 0.07% | 87,976 | $353K | Add +285.0% |
| NVDA Nvidia Corp. | 0.07% | 2,180 | $344K | Add +9.1% |
| DBX Dropbox Inc. Class A | 0.07% | 11,835 | $338K | Reduce -72.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.07% | 24,483 | $336K | New |
| BITCOIN DEPOT INC | 0.06% | 64,437 | $327K | New |
| EXPE Expedia Group Inc. | 0.06% | 1,878 | $317K | Add +1.8% |
| QUAD Quad Graphics Inc. | 0.06% | 50,844 | $287K | Add +1.0% |
| CCLD Carecloud Inc. | 0.06% | 121,443 | $287K | Add +0.1% |
| WMT Walmart Inc. | 0.06% | 2,862 | $280K | No change |
| ESP Espey MFG & Electronics Corp. | 0.05% | 5,996 | $274K | New |
| AVUV Avantis US Small Cap Value | 0.05% | 2,951 | $269K | Reduce -93.5% |
| TGEN Tecogen Inc./Waltham Ma | 0.05% | 37,167 | $253K | New |
| BKTI BK Technologies Corp. | 0.05% | 5,192 | $245K | New |
| UNH Unitedhealth Group Inc. | 0.05% | 776 | $242K | Reduce -53.1% |
| IJR iShares Core S&P Small-Cap E | 0.05% | 2,108 | $230K | Reduce -97.7% |
| FTNT Fortinet Inc. | 0.04% | 2,152 | $228K | New |
| BAM Brookfield Asset Mgmt-A | 0.04% | 3,759 | $208K | New |
| EBAY eBay Inc. | 0.04% | 2,789 | $208K | Reduce -62.9% |
| SNCR Synchronoss Technologies Inc. | 0.04% | 29,917 | $205K | Reduce -5.2% |
| IMCC Im Cannabis Corp. | 0.04% | 78,790 | $195K | New |
| UPLD Upland Software Inc. | 0.04% | 92,593 | $181K | Reduce -2.7% |
| OPRT Oportun Financial Corp. | 0.03% | 24,627 | $176K | Add +58.9% |
| BTMD Biote Corp. Class A | 0.03% | 43,096 | $173K | New |
| MAPS WM Technology Inc. | 0.03% | 170,276 | $153K | Reduce -0.7% |
| RNGR Ranger Energy Services Class A | 0.03% | 12,071 | $144K | New |
| RAIL Freightcar America Inc. | 0.03% | 16,561 | $143K | New |
| MSGM Motorsport Games Inc. Class A | 0.03% | 45,416 | $132K | New |
| HNNA Hennessy Advisors Inc. | 0.03% | 10,414 | $131K | Reduce -0.4% |
| TRVG Trivago NV - ADR | 0.02% | 32,749 | $123K | No change |
| CHCI Comstock Holding Companies | 0.02% | 11,636 | $117K | Reduce -7.2% |
| DH Definitive Healthcare Corp. | 0.02% | 28,651 | $112K | Add +43.0% |
| CPIX Cumberland Pharmaceuticals | 0.02% | 33,251 | $111K | New |
| SNOA Sonoma Pharmaceuticals Inc. | 0.02% | 33,782 | $96K | New |
Portfolio Sells Q1 2025 → Q2 2025
| IJR iShares Core S&P Small-Cap E | Reduce -97.7% | 0.05% | −1.96 |
| WBD Warner Bros Discovery Inc. | Reduce -46.3% | 1.49% | −1.28 |
| FOXA Fox Corp. Class A | Reduce -31.2% | 2.15% | −1.22 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −1.06 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.99 |
| AAPL Apple Inc. | Reduce -73.2% | 0.29% | −0.98 |
| AVUV Avantis US Small Cap Value | Reduce -93.5% | 0.05% | −0.78 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -16.8% | 1.48% | −0.60 |
| BRO Brown & Brown Inc. | Reduce -8.2% | 1.96% | −0.60 |
| FDS Factset Research Systems Inc. | Reduce -2.0% | 3.19% | −0.34 |
| BMY Bristol-Myers Squibb Co. | Reduce -43.7% | 0.19% | −0.29 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -24.4% | 0.94% | −0.25 |
| DBX Dropbox Inc. Class A | Reduce -72.1% | 0.07% | −0.17 |
| UNH Unitedhealth Group Inc. | Reduce -53.1% | 0.05% | −0.13 |
| CHKP Check Point Software Tech | Reduce -0.1% | 1.01% | −0.10 |
| NMAI Nuveen Multi-Asset Income | Reduce -7.8% | 0.72% | −0.07 |
| EBAY eBay Inc. | Reduce -62.9% | 0.04% | −0.07 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.06 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.06 |
| IBEX Ibex Ltd. | Sold out | 0.00% | −0.06 |
| HRTG Heritage Insurance Holdings | Sold out | 0.00% | −0.06 |
| ZENVF Zenvia Inc. Class A | Sold out | 0.00% | −0.05 |
| BLIN Bridgeline Digital Inc. | Sold out | 0.00% | −0.04 |
| MSB Mesabi Trust | Sold out | 0.00% | −0.04 |
| NCSM NCS Multistage Holdings Inc. | Sold out | 0.00% | −0.04 |
| CMT Core Molding Technologies Inc. | Sold out | 0.00% | −0.04 |
| CCEL Cryo-Cell Intl Inc. | Sold out | 0.00% | −0.04 |
| MGIC Magic Software Enterprises | Sold out | 0.00% | −0.04 |
| GIFI Gulf Island Fabrication Inc. | Sold out | 0.00% | −0.04 |
| SNCR Synchronoss Technologies Inc. | Reduce -5.2% | 0.04% | −0.03 |
| SSP Ew Scripps Co./the-A | Sold out | 0.00% | −0.03 |
| ABEV Ambev SA-ADR | Sold out | 0.00% | −0.03 |
| QLTY GMO U.S. Quality ETF | Reduce -26.9% | 0.09% | −0.03 |
| MHH Mastech Digital Inc. | Sold out | 0.00% | −0.03 |
| CVU Cpi Aerostructures Inc. | Sold out | 0.00% | −0.02 |
| UPLD Upland Software Inc. | Reduce -2.7% | 0.04% | −0.02 |
| SSUP Superior Industries Intl | Sold out | 0.00% | −0.02 |
| GILT Gilat Satellite Networks Ltd. | Sold out | 0.00% | −0.02 |
| EG Everest Group Ltd. | Reduce -0.3% | 0.12% | −0.02 |
| MAPS WM Technology Inc. | Reduce -0.7% | 0.03% | −0.01 |
| RBBN Ribbon Communications Inc. | Sold out | 0.00% | −0.01 |
| MG Mistras Group Inc. | Reduce -11.9% | 0.02% | −0.01 |
| CVAC Curevac NV | Sold out | 0.00% | −0.01 |
| SNAL Snail Inc. | Sold out | 0.00% | −0.01 |
| FPAYQ Flexshopper Inc. | Sold out | 0.00% | −0.01 |
| ZM Zoom Communications Inc. | Reduce -0.0% | 0.42% | −0.00 |
| HTCR Heartcore Enterprises Inc. | Sold out | 0.00% | −0.00 |
| EGHT 8X8 Inc. | Reduce -0.3% | 0.02% | −0.00 |
| RSSS Research Solutions Inc. | Reduce -0.8% | 0.01% | +0.00 |
| CHCI Comstock Holding Companies | Reduce -7.2% | 0.02% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| ETG Eaton Vance T/A GL DVD Incm | New | 1.29% | +1.29 |
| KKR KKR & Co. Inc. | Add +58.3% | 2.45% | +1.01 |
| MSFT Microsoft Corp. | Add +0.8% | 4.78% | +0.96 |
| VNT Vontier Corp. | Add +11.9% | 6.16% | +0.92 |
| IBP Installed Building Products | New | 0.69% | +0.69 |
| META Meta Platforms Inc. Class A | Add +1.0% | 3.81% | +0.66 |
| CCSI Consensus Cloud Solution | Add +21.3% | 5.35% | +0.63 |
| AMZN Amazon.com Inc. | Add +7.7% | 4.08% | +0.57 |
| LRCX Lam Research Corp. | Add +9.8% | 1.74% | +0.48 |
| PRGS Progress Software Corp. | Add +20.7% | 1.47% | +0.42 |
| TRU Transunion | Add +15.0% | 3.13% | +0.39 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 4.94% | +0.38 |
| ZTS Zoetis Inc. | Add +66.8% | 0.97% | +0.32 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +28.4% | 1.24% | +0.29 |
| UTHR United Therapeutics Corp. | New | 0.22% | +0.22 |
| CPAY Corpay Inc. | Add +24.1% | 1.30% | +0.12 |
| TNET Trinet Group Inc. | Add +28.2% | 1.13% | +0.11 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.07% | +0.07 |
| BITCOIN DEPOT INC | New | 0.06% | +0.06 |
| ZDGE Zedge Inc. Class B | Add +285.0% | 0.07% | +0.06 |
| ESP Espey MFG & Electronics Corp. | New | 0.05% | +0.05 |
| ZBRA Zebra Technologies Corp. Class A | Add +0.3% | 2.10% | +0.05 |
| TGEN Tecogen Inc./Waltham Ma | New | 0.05% | +0.05 |
| BKTI BK Technologies Corp. | New | 0.05% | +0.05 |
| SSNC Ss&c Technologies Holdings | Add +8.9% | 4.52% | +0.05 |
| FTNT Fortinet Inc. | New | 0.04% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.5% | 0.19% | +0.04 |
| BAM Brookfield Asset Mgmt-A | New | 0.04% | +0.04 |
| IMCC Im Cannabis Corp. | New | 0.04% | +0.04 |
| BTMD Biote Corp. Class A | New | 0.03% | +0.03 |
| RNGR Ranger Energy Services Class A | New | 0.03% | +0.03 |
| RAIL Freightcar America Inc. | New | 0.03% | +0.03 |
| MSGM Motorsport Games Inc. Class A | New | 0.03% | +0.03 |
| INCY Incyte Corp. | Add +0.1% | 0.46% | +0.02 |
| NVDA Nvidia Corp. | Add +9.1% | 0.07% | +0.02 |
| CPIX Cumberland Pharmaceuticals | New | 0.02% | +0.02 |
| QRVO Qorvo Inc. | Add +0.2% | 0.23% | +0.02 |
| CCLD Carecloud Inc. | Add +0.1% | 0.06% | +0.02 |
| SNOA Sonoma Pharmaceuticals Inc. | New | 0.02% | +0.02 |
| ETWO E2OPEN Parent Holdings Inc. | New | 0.02% | +0.02 |
| OPRT Oportun Financial Corp. | Add +58.9% | 0.03% | +0.02 |
| BN Brookfield Corp. | Add +1.0% | 0.16% | +0.02 |
| LGPS Logprostyle Inc. | New | 0.02% | +0.02 |
| HFFG HF Foods Group Inc. | New | 0.01% | +0.01 |
| RFIL RF Industries Ltd. | New | 0.01% | +0.01 |
| CRM Salesforce Inc. | Add +6.3% | 1.02% | +0.01 |
| OTEX Open Text Corp. | Add +5.4% | 0.09% | +0.01 |
| DH Definitive Healthcare Corp. | Add +43.0% | 0.02% | +0.01 |
| EXFY Expensify Inc. Class A | New | 0.01% | +0.01 |
| PERF Perfect Corp. | New | 0.01% | +0.01 |
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 |