Heron Bay Capital Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Heron Bay Capital Management reported 112 stock positions worth $524.3 million. Its top holding was Vontier (VNT) at 5.7% of the portfolio, followed by LPL Financial (LPLA, 5.7%) and Alphabet Class A (GOOGL, 5.4%). Compared with Q3 2025, it opened 18 new positions, sold out of 15, added to 23 and reduced 63. The biggest buy was Factset Research Systems (FDS, shares +43%) and the biggest sale Alphabet Class A (GOOGL, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMFIELD HILLS, MI
- CIK
- 0001842149
- Portfolio Value
- $524.3M (Q4 2025)
- SEC Filing
- 0001951757-26-000446 ↗ filed Feb 13, 2026
Holdings Value
Holdings 112 stocks · $524.3M
| VNT Vontier Corp. | 5.74% | 809,187 | $30.1M | Reduce -0.1% |
| LPLA LPL Financial Holdings Inc. | 5.71% | 83,827 | $29.9M | Add +5.1% |
| GOOGL Alphabet Inc. Class A | 5.43% | 91,001 | $28.5M | Reduce -33.1% |
| CCSI Consensus Cloud Solution | 5.22% | 1,253,487 | $27.4M | Add +4.1% |
| SCHW Schwab (charles) Corp. | 4.58% | 240,206 | $24.0M | Reduce -6.8% |
| SSNC Ss&c Technologies Holdings | 4.51% | 270,669 | $23.7M | Reduce -0.4% |
| FDS Factset Research Systems Inc. | 4.37% | 78,915 | $22.9M | Add +42.5% |
| MSFT Microsoft Corp. | 4.33% | 46,899 | $22.7M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 3.86% | 87,577 | $20.2M | Reduce -6.1% |
| ULTA Ulta Beauty Inc. | 3.14% | 27,189 | $16.4M | Reduce -17.6% |
| META Meta Platforms Inc. Class A | 2.98% | 23,667 | $15.6M | Reduce -1.2% |
| TRU Transunion | 2.90% | 177,431 | $15.2M | Reduce -0.1% |
| ROK Rockwell Automation Inc. | 2.71% | 36,569 | $14.2M | Reduce -7.7% |
| LRCX Lam Research Corp. | 2.66% | 81,512 | $14.0M | Reduce -9.8% |
| MCK McKesson Corp. | 2.64% | 16,846 | $13.8M | Reduce -10.3% |
| KKR KKR & Co. Inc. | 2.54% | 104,505 | $13.3M | Add +15.4% |
| PRGS Progress Software Corp. | 2.17% | 264,862 | $11.4M | Add +4.2% |
| THQ Abrdn Healthcare Opport | 2.16% | 592,723 | $11.3M | Add +20.6% |
| MEDP Medpace Holdings Inc. | 2.08% | 19,431 | $10.9M | Reduce -1.0% |
| CPAY Corpay Inc. | 2.05% | 35,712 | $10.7M | Add +78.9% |
| CRM Salesforce Inc. | 1.75% | 34,727 | $9.2M | Reduce -3.2% |
| ZBRA Zebra Technologies Corp. Class A | 1.64% | 35,443 | $8.6M | Add +4.0% |
| MSCI MSCI Inc. | 1.58% | 14,453 | $8.3M | Reduce -0.4% |
| ETG Eaton Vance T/A GL DVD Incm | 1.37% | 312,034 | $7.2M | Reduce -0.5% |
| BRO Brown & Brown Inc. | 1.36% | 89,190 | $7.1M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.34% | 13,975 | $7.0M | Reduce -9.0% |
| ADBE Adobe Inc. | 1.16% | 17,367 | $6.1M | Add +3.0% |
| LH Labcorp Holdings Inc. | 1.04% | 21,727 | $5.5M | Reduce -0.6% |
| ZTS Zoetis Inc. | 0.98% | 40,829 | $5.1M | Reduce -5.5% |
| IBP Installed Building Products | 0.96% | 19,311 | $5.0M | Reduce -0.0% |
| CSW CSW Industrials Inc. | 0.90% | 16,069 | $4.7M | Add +0.1% |
| TNET Trinet Group Inc. | 0.89% | 78,635 | $4.6M | Reduce -35.8% |
| GOOG Alphabet Inc. Class C | 0.84% | 14,084 | $4.4M | Reduce -19.4% |
| TXN Texas Instruments Inc. | 0.82% | 24,636 | $4.3M | Reduce -1.1% |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.80% | 65,355 | $4.2M | Add +0.6% |
| CHKP Check Point Software Tech | 0.72% | 20,326 | $3.8M | Reduce -2.2% |
| NMAI Nuveen Multi-Asset Income | 0.72% | 287,775 | $3.8M | Reduce -0.8% |
| INCY Incyte Corp. | 0.64% | 34,171 | $3.4M | Reduce -0.1% |
| EXEL Exelixis Inc. | 0.60% | 71,780 | $3.1M | Reduce -0.6% |
| CRUS Cirrus Logic Inc. | 0.56% | 24,719 | $2.9M | Reduce -0.5% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.52% | 179,361 | $2.8M | Reduce -55.6% |
| ZM Zoom Communications Inc. | 0.45% | 27,196 | $2.3M | Reduce -0.1% |
| SWKS Skyworks Solutions Inc. | 0.42% | 34,616 | $2.2M | Reduce -0.5% |
| TREX Trex Company Inc. | 0.36% | 53,095 | $1.9M | New |
| UTHR United Therapeutics Corp. | 0.35% | 3,800 | $1.9M | Reduce -0.5% |
| AAPL Apple Inc. | 0.33% | 6,427 | $1.7M | Reduce -10.6% |
| LNTH Lantheus Holdings Inc. | 0.31% | 24,788 | $1.6M | Add +47.6% |
| POOL Pool Corp. | 0.31% | 7,155 | $1.6M | Reduce -47.8% |
| PATH Uipath Inc. Class A | 0.30% | 96,817 | $1.6M | Reduce -0.0% |
| PYPL PayPal Holdings Inc. | 0.26% | 23,736 | $1.4M | New |
| BWA Borgwarner Inc. | 0.26% | 29,929 | $1.3M | Reduce -0.9% |
| BMY Bristol-Myers Squibb Co. | 0.20% | 19,379 | $1.0M | Reduce -1.5% |
| QRVO Qorvo Inc. | 0.19% | 11,983 | $1.0M | Reduce -15.6% |
| BN Brookfield Corp. | 0.17% | 19,286 | $885K | Reduce -0.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.14% | 1 | $755K | No change |
| ETSY Etsy Inc. | 0.14% | 13,426 | $744K | Reduce -48.3% |
| NTES Netease Inc.-ADR | 0.14% | 5,302 | $730K | Reduce -0.6% |
| FVRR Fiverr International Ltd. | 0.12% | 31,469 | $622K | Reduce -0.6% |
| HPQ HP Inc. | 0.11% | 26,303 | $586K | Reduce -0.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 4,750 | $540K | No change |
| BSCQ Invesco Bulletshares 2026 CB | 0.10% | 27,450 | $537K | Reduce -5.3% |
| AVK Advent Convert & Income | 0.10% | 42,823 | $537K | No change |
| EXPE Expedia Group Inc. | 0.10% | 1,880 | $533K | Add +6.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.10% | 493 | $527K | Add +4.0% |
| NVDA Nvidia Corp. | 0.09% | 2,600 | $485K | Add +19.4% |
| CB Chubb Ltd. | 0.09% | 1,545 | $482K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.09% | 1,547 | $470K | Add +2.9% |
| IJR iShares Core S&P Small-Cap E | 0.08% | 3,689 | $443K | No change |
| ITRN Ituran Location and Control | 0.08% | 10,056 | $433K | Reduce -0.9% |
| ACN Accenture PLC Class A | 0.08% | 1,513 | $406K | Reduce -0.8% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.08% | 23,714 | $397K | Reduce -1.0% |
| QCOM Qualcomm Inc. | 0.07% | 2,285 | $391K | Reduce -1.6% |
| NICE Nice Ltd. - Spon ADR | 0.07% | 3,417 | $386K | Reduce -21.2% |
| WMT Walmart Inc. | 0.06% | 3,012 | $336K | No change |
| BE Bloom Energy Corp. Class A | 0.06% | 3,512 | $305K | No change |
| AVUV Avantis US Small Cap Value | 0.06% | 2,924 | $298K | Reduce -0.5% |
| QLTY GMO U.S. Quality ETF | 0.05% | 7,418 | $285K | Reduce -24.9% |
| FET Forum Energy Technologies Inc. | 0.05% | 7,671 | $283K | Reduce -7.1% |
| NATR Natures Sunshine Prods Inc. | 0.05% | 12,733 | $275K | New |
| ESP Espey MFG & Electronics Corp. | 0.05% | 5,776 | $272K | Reduce -1.1% |
| CCLD Carecloud Inc. | 0.05% | 92,739 | $271K | Add +24.3% |
| UNH Unitedhealth Group Inc. | 0.05% | 776 | $256K | No change |
| CRTO Criteo SA-Spon | 0.05% | 11,753 | $242K | New |
| TACT Transact Technologies Inc. | 0.04% | 59,022 | $236K | New |
| MU Micron Technology Inc. | 0.04% | 797 | $227K | New |
| ENPH Enphase Energy Inc. | 0.04% | 7,036 | $226K | Reduce -76.0% |
| OOMA Ooma Inc. | 0.04% | 17,803 | $209K | New |
| UUU Universal Safety Products Inc. | 0.04% | 36,024 | $186K | New |
| MG Mistras Group Inc. | 0.04% | 14,564 | $184K | Reduce -3.4% |
| SLSR Solaris Resources Inc. | 0.03% | 17,543 | $140K | New |
| AUNA Auna SA Class A | 0.03% | 28,098 | $138K | New |
| NSLR Neostellar Capital Corp. filed as SURO CAPITAL CORP | 0.03% | 14,513 | $137K | New |
| OPRT Oportun Financial Corp. | 0.03% | 25,761 | $136K | Add +4.6% |
| HFFG HF Foods Group Inc. | 0.02% | 60,285 | $130K | Add +17.1% |
| ULBI Ultralife Corp. | 0.02% | 22,223 | $127K | New |
| TBLA Taboola.com Ltd. | 0.02% | 27,509 | $127K | New |
| FRSH Freshworks Inc. Class A | 0.02% | 10,268 | $126K | New |
| PBYI Puma Biotechnology Inc. | 0.02% | 20,056 | $119K | New |
| UPLD Upland Software Inc. | 0.02% | 83,184 | $119K | Reduce -3.9% |
| CPIX Cumberland Pharmaceuticals | 0.02% | 29,189 | $116K | Reduce -7.8% |
Portfolio Sells Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Reduce -33.1% | 5.43% | −0.74 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Reduce -55.6% | 0.52% | −0.68 |
| TNET Trinet Group Inc. | Reduce -35.8% | 0.89% | −0.64 |
| VNT Vontier Corp. | Reduce -0.1% | 5.74% | −0.61 |
| POOL Pool Corp. | Reduce -47.8% | 0.31% | −0.48 |
| META Meta Platforms Inc. Class A | Reduce -1.2% | 2.98% | −0.30 |
| MSFT Microsoft Corp. | Reduce -0.6% | 4.33% | −0.23 |
| ULTA Ulta Beauty Inc. | Reduce -17.6% | 3.14% | −0.23 |
| BRO Brown & Brown Inc. | Reduce -0.2% | 1.36% | −0.21 |
| ZTS Zoetis Inc. | Reduce -5.5% | 0.98% | −0.20 |
| ETSY Etsy Inc. | Reduce -48.3% | 0.14% | −0.18 |
| ENPH Enphase Energy Inc. | Reduce -76.0% | 0.04% | −0.15 |
| LH Labcorp Holdings Inc. | Reduce -0.6% | 1.04% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -9.0% | 1.34% | −0.10 |
| CHKP Check Point Software Tech | Reduce -2.2% | 0.72% | −0.08 |
| SWKS Skyworks Solutions Inc. | Reduce -0.5% | 0.42% | −0.08 |
| MCK McKesson Corp. | Reduce -10.3% | 2.64% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.06 |
| TGEN Tecogen Inc./Waltham Ma | Sold out | 0.00% | −0.06 |
| BKTI BK Technologies Corp. | Sold out | 0.00% | −0.05 |
| QRVO Qorvo Inc. | Reduce -15.6% | 0.19% | −0.05 |
| NICE Nice Ltd. - Spon ADR | Reduce -21.2% | 0.07% | −0.04 |
| NCSM NCS Multistage Holdings Inc. | Sold out | 0.00% | −0.04 |
| BAM Brookfield Asset Mgmt-A | Sold out | 0.00% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -1.1% | 0.82% | −0.04 |
| SNCR Synchronoss Technologies Inc. | Sold out | 0.00% | −0.04 |
| ZDGE Zedge Inc. Class B | Sold out | 0.00% | −0.03 |
| RSSS Research Solutions Inc. | Sold out | 0.00% | −0.03 |
| CHCI Comstock Holding Companies | Sold out | 0.00% | −0.03 |
| RNGR Ranger Energy Services Class A | Sold out | 0.00% | −0.03 |
| UEIC Universal Electronics Inc. | Sold out | 0.00% | −0.03 |
| FVRR Fiverr International Ltd. | Reduce -0.6% | 0.12% | −0.03 |
| BITCOIN DEPOT INC | Reduce -5.2% | 0.01% | −0.02 |
| CRUS Cirrus Logic Inc. | Reduce -0.5% | 0.56% | −0.02 |
| HPQ HP Inc. | Reduce -0.0% | 0.11% | −0.02 |
| DH Definitive Healthcare Corp. | Sold out | 0.00% | −0.02 |
| MSGM Motorsport Games Inc. Class A | Sold out | 0.00% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -6.8% | 4.58% | −0.02 |
| SCOR Comscore Inc. | Sold out | 0.00% | −0.02 |
| UPLD Upland Software Inc. | Reduce -3.9% | 0.02% | −0.02 |
| IMCC Im Cannabis Corp. | Reduce -55.5% | 0.01% | −0.01 |
| QLTY GMO U.S. Quality ETF | Reduce -24.9% | 0.05% | −0.01 |
| NTES Netease Inc.-ADR | Reduce -0.6% | 0.14% | −0.01 |
| TEAD Teads Holding Co. | Sold out | 0.00% | −0.01 |
| AAPL Apple Inc. | Reduce -10.6% | 0.33% | −0.01 |
| VNCE Vince Holding Corp. | Reduce -35.4% | 0.02% | −0.01 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -5.3% | 0.10% | −0.00 |
| HGBL Heritage Global Inc. | Reduce -8.0% | 0.01% | −0.00 |
| QUAD Quad Graphics Inc. | Reduce -11.6% | 0.01% | −0.00 |
| AVUV Avantis US Small Cap Value | Reduce -0.5% | 0.06% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| FDS Factset Research Systems Inc. | Add +42.5% | 4.37% | +1.41 |
| CPAY Corpay Inc. | Add +78.9% | 2.05% | +0.98 |
| LPLA LPL Financial Holdings Inc. | Add +5.1% | 5.71% | +0.76 |
| THQ Abrdn Healthcare Opport | Add +20.6% | 2.16% | +0.58 |
| TREX Trex Company Inc. | New | 0.36% | +0.36 |
| KKR KKR & Co. Inc. | Add +15.4% | 2.54% | +0.34 |
| PYPL PayPal Holdings Inc. | New | 0.26% | +0.26 |
| CSW CSW Industrials Inc. | Add +0.1% | 0.90% | +0.17 |
| LNTH Lantheus Holdings Inc. | Add +47.6% | 0.31% | +0.15 |
| PRGS Progress Software Corp. | Add +4.2% | 2.17% | +0.09 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +0.6% | 0.80% | +0.08 |
| NATR Natures Sunshine Prods Inc. | New | 0.05% | +0.05 |
| ADBE Adobe Inc. | Add +3.0% | 1.16% | +0.05 |
| CRTO Criteo SA-Spon | New | 0.05% | +0.05 |
| TACT Transact Technologies Inc. | New | 0.04% | +0.04 |
| MU Micron Technology Inc. | New | 0.04% | +0.04 |
| OOMA Ooma Inc. | New | 0.04% | +0.04 |
| UUU Universal Safety Products Inc. | New | 0.04% | +0.04 |
| EXPE Expedia Group Inc. | Add +6.0% | 0.10% | +0.03 |
| SLSR Solaris Resources Inc. | New | 0.03% | +0.03 |
| AUNA Auna SA Class A | New | 0.03% | +0.03 |
| NSLR Neostellar Capital Corp. | New | 0.03% | +0.03 |
| ULBI Ultralife Corp. | New | 0.02% | +0.02 |
| TBLA Taboola.com Ltd. | New | 0.02% | +0.02 |
| FRSH Freshworks Inc. Class A | New | 0.02% | +0.02 |
| PBYI Puma Biotechnology Inc. | New | 0.02% | +0.02 |
| NVDA Nvidia Corp. | Add +19.4% | 0.09% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +4.0% | 0.10% | +0.01 |
| TYGO Tigo Energy Inc. | New | 0.01% | +0.01 |
| TG Tredegar Corp. | New | 0.01% | +0.01 |
| NEPH Nephros Inc. | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.9% | 0.09% | +0.01 |
| CCLD Carecloud Inc. | Add +24.3% | 0.05% | +0.01 |
| BTMD Biote Corp. Class A | Add +83.2% | 0.02% | +0.01 |
| EGHT 8X8 Inc. | Add +2.8% | 0.02% | −0.00 |
| HFFG HF Foods Group Inc. | Add +17.1% | 0.02% | −0.00 |
| OPRT Oportun Financial Corp. | Add +4.6% | 0.03% | −0.00 |
| MAPS WM Technology Inc. | Add +3.2% | 0.01% | −0.00 |
| RFIL RF Industries Ltd. | Add +0.0% | 0.01% | −0.01 |
| ZBRA Zebra Technologies Corp. Class A | Add +4.0% | 1.64% | −0.25 |
| CCSI Consensus Cloud Solution | Add +4.1% | 5.22% | −1.38 |
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 |