Horizon Financial Services, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Horizon Financial Services, LLC reported 319 stock positions worth $188.6 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 10.2% of the portfolio, followed by SS SPDR P S&P 500 Value ETF (SPYV, 9.0%) and SS SPDR P St C Corp. ETF (SPSB, 7.8%). Compared with Q1 2025, it opened 33 new positions, sold out of 5, added to 120 and reduced 39. The biggest buy was SS SPDR P S&P 500 Growth ETF (SPYG, shares +1%) and the biggest sale SS SPDR P St C Corp. ETF (SPSB, shares −2%).

Most Recent 13F
Q2 2026
Location
WINSTON SALEM, NC
CIK
0001674020
Portfolio Value
$188.6M (Q2 2025)
SEC Filing
0001674020-25-000006 ↗ filed Aug 12, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $155.8M Q1 2024 Q2 2024: $158.2M Q2 2024 Q3 2024: $168.3M Q3 2024 Q4 2024: $177.8M Q4 2024 Q1 2025: $179.4M Q1 2025 Q2 2025: $188.6M $188.6M Q2 2025 Q3 2025: $209.6M Q3 2025 Q4 2025: $219.8M Q4 2025 Q1 2026: $226.2M Q1 2026 Q2 2026: $260.8M Q2 2026

Holdings 319 stocks · $188.6M

SPYG SS SPDR P S&P 500 Growth ETF 10.18% 201,395 $19.2M Add +1.0%
SPYV SS SPDR P S&P 500 Value ETF 9.04% 325,567 $17.0M Add +2.7%
SPSB SS SPDR P St C Corp. ETF 7.80% 487,335 $14.7M Reduce -1.7%
SCHM Schwab US Mid Cap ETF 7.02% 472,086 $13.2M Add +9.5%
VGSH Vanguard Short-Term Treasury 5.78% 185,320 $10.9M Reduce -0.9%
SPDW Ste STR SPDR PT DW Eu ETF 5.77% 268,733 $10.9M Reduce -2.6%
SPHY SS SPDR P High Yield ETF 4.56% 360,976 $8.6M Reduce -0.6%
SRLN SS Blackstone Sr Loan ETF 4.29% 194,572 $8.1M Add +0.9%
XLK SS Technology Select Sector 3.32% 24,695 $6.3M Reduce -1.1%
SCHA Schwab US Small-Cap ETF 3.26% 242,681 $6.1M Reduce -3.7%
SPMB SS SPDR P Mort Back Bond ETF 2.35% 200,764 $4.4M Reduce -3.5%
VCLT Vanguard Long-Term Corp. Bond 2.04% 50,793 $3.9M Reduce -0.3%
ICVT iShares Convertible Bond ETF 1.98% 41,444 $3.7M Reduce -1.4%
SCHP Schwab U.S. Tips ETF 1.83% 129,105 $3.4M Reduce -0.4%
VSS Vanguard Ftse All Wo X-US SC 1.75% 24,490 $3.3M Reduce -3.5%
SPEM State Street SP PTF Em ETF 1.71% 75,647 $3.2M Reduce -1.6%
SPTL SS SPDR PF LNG TRM TSY E-Usd 1.63% 115,450 $3.1M Reduce -1.2%
XLI SS Industrial Select Sector 1.57% 20,070 $3.0M Add +31.3%
VWOB Vanguard Emerg MKTS Gov BND 1.51% 43,671 $2.9M Reduce -1.3%
XLRE SS Real Estate Select Sector 1.50% 68,159 $2.8M Reduce -0.5%
GLDM SPDR Gold Minishares Trust 1.49% 42,854 $2.8M Reduce -11.6%
XLV SS Health Care Select Sector 1.37% 19,223 $2.6M Reduce -1.1%
FLRN SS SPDR BB Ig Float RT ETF 1.23% 75,452 $2.3M Reduce -1.1%
FPE FT-Preferred Secur & Inc. ETF 1.20% 127,468 $2.3M Reduce -1.3%
MLPX Global X MLP & Energy Infras 1.10% 33,204 $2.1M Reduce -1.2%
XLY SS Consumer Disc Select Sect 1.02% 8,813 $1.9M Reduce -4.4%
SJNK SS SPDR BB St Hi Yield ETF 0.87% 64,448 $1.6M Add +3.1%
XLC SS Comm Select Sector SPDR 0.87% 15,105 $1.6M Reduce -30.2%
JPST JPMorgan Ultra-Short Income 0.81% 30,071 $1.5M Reduce -16.9%
VCIT Vanguard Int-Term Corporate 0.81% 18,336 $1.5M Add +1.9%
XLP SS Consumer Staples Sel Sect 0.79% 18,488 $1.5M Reduce -0.1%
XLF SS Financial Select Sector 0.69% 24,760 $1.3M Reduce -40.6%
XLB SS Materials Select Sector 0.65% 13,963 $1.2M Add +33.7%
SCHR Schwab Intermediate-Term US 0.56% 42,506 $1.1M Add +3.0%
DUK Duke Energy Corp. 0.50% 7,973 $941K No change
PGHY Invesco Global Ex US High Yi 0.44% 42,195 $838K Add +5.8%
HD Home Depot Inc. 0.44% 2,254 $826K Add +0.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.41% 9,431 $770K Reduce -2.3%
XLE SS Energy Select Sector 0.38% 8,533 $724K Reduce -2.0%
AAPL Apple Inc. 0.37% 3,422 $702K Add +1.7%
VTIP Vanguard Short-Term Tips 0.37% 13,857 $697K Add +19.9%
LLY Eli Lilly & Co. 0.37% 891 $695K No change
NVDA Nvidia Corp. 0.28% 3,352 $530K Add +24.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.23% 997 $437K No change
AMZN Amazon.com Inc. 0.21% 1,783 $391K Add +11.2%
BSJP Invesco Bulletshares 2025 HY 0.20% 16,665 $384K Reduce -0.8%
LOW Lowe's Cos Inc. 0.19% 1,656 $367K Add +1.5%
APH Amphenol Corp. Class A 0.15% 2,815 $278K No change
AON Aon PLC 0.15% 771 $275K No change
VGT Vanguard Info Tech ETF 0.13% 381 $253K Add +3.3%
T AT&T Inc. 0.13% 8,168 $236K No change
CMBS iShares CMBS ETF 0.12% 4,596 $224K Reduce -17.1%
BSJQ Invesco Bulletshares 2026 HY 0.11% 8,988 $210K Reduce -1.4%
MSFT Microsoft Corp. 0.10% 388 $193K Add +86.5%
GPC Genuine Parts Co. 0.10% 1,554 $189K No change
BAB Invesco Taxable Municipal Bo 0.10% 7,009 $186K Add +64.5%
UNH Unitedhealth Group Inc. 0.09% 514 $160K Add +0.8%
EMHY iShares J.P. Morgan Em High 0.08% 3,906 $152K Add +33.2%
AVGO Broadcom Pte Ltd. 0.08% 532 $147K No change
ACHR Archer Aviation Inc. Class A 0.07% 11,885 $129K No change
CMCSA Comcast Corp. Class A 0.06% 3,428 $122K No change
IAGG iShares Intl Aggregate Bond 0.06% 2,188 $112K Reduce -26.1%
V Visa Inc. Class A 0.05% 279 $99K Add +102.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.05% 602 $99K Reduce -13.1%
POWERSHARES 0.05% 176 $97K Add +826.3%
DELL Dell Technologies -C 0.05% 700 $86K No change
ENB Enbridge Inc. 0.05% 1,882 $85K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 134 $83K Add +570.0%
CRM Salesforce Inc. 0.04% 300 $82K No change
RY Royal Bank of Canada 0.04% 615 $81K No change
FDN First Trust DJ Internet Ind 0.04% 293 $79K New
QTEC First Trust Nasdq 100 Tech I 0.04% 368 $78K New
SCHG Schwab US Large-Cap Growth 0.04% 2,638 $77K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.04% 269 $77K Reduce -12.4%
AMAT Applied Materials Inc. 0.04% 405 $74K No change
STNC Hennessy Sustainable ETF 0.04% 2,248 $69K No change
BKLN Invesco Senior Loan ETF 0.04% 3,184 $67K Add +0.1%
SCHV Schwab US Large-Cap Value 0.03% 2,244 $62K No change
JPM JPMorgan Chase & Co. 0.03% 210 $61K Add +3.5%
GOOG Alphabet Inc. Class C 0.03% 292 $52K No change
ON ASSIGNMENT INC filed as ASGN 0.03% 1,032 $52K No change
SUB iShares Short-Term National 0.03% 479 $51K New
REET iShares Global REIT ETF 0.03% 2,016 $50K Add +1.4%
ABT Abbott Laboratories 0.02% 340 $46K No change
MUB iShares National Muni Bond E 0.02% 439 $46K New
GS Goldman Sachs Group Inc. 0.02% 64 $45K Add +4.9%
PNFP Pinnacle Financial Partners 0.02% 409 $45K Add +11.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.02% 149 $41K Reduce -13.9%
XYLD Global X S&P 500 Cove Call E 0.02% 1,000 $39K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.02% 184 $36K Reduce -12.8%
INTC Intel Corp. 0.02% 1,600 $36K No change
BRK.B Berkshire Hathaway Inc. Class B 0.02% 74 $36K Add +7.3%
VMBS Vanguard Mortgage-Backed Sec 0.02% 761 $35K No change
BSJT Invesco Bulletshares 2029 HY 0.02% 1,622 $35K Reduce -9.0%
BSJS Invesco Bulletshares 2028 HY 0.02% 1,582 $35K Reduce -8.9%
BSJR Invesco Bulletshares 2027 HY 0.02% 1,535 $35K Reduce -8.7%
SHYG iShares 0-5 YR HY Corp. Bond 0.02% 791 $34K Add +0.1%
MARKET VECTORS ETF TR filed as SHYD 0.02% 1,503 $34K New
ADBE Adobe Inc. 0.02% 82 $32K Add +4000.0%
GOOGL Alphabet Inc. Class A 0.02% 173 $30K No change
WMT Walmart Inc. 0.02% 310 $30K Add +3.7%
PG The Procter & Gamble Co. 0.02% 187 $30K Add +7.5%
MA Mastercard Inc. Class A 0.01% 47 $26K Add +2250.0%
CVS CVS Health Corp. 0.01% 371 $26K Add +6.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 80 $24K No change
AMD Advanced Micro Devices 0.01% 164 $23K Add +43.9%
TSM Taiwan Semiconductor-SP ADR 0.01% 100 $23K No change
CSCO Cisco Systems Inc. 0.01% 325 $23K No change
BOTZ Global X Robotics & Artifici 0.01% 660 $22K No change
SMH Vaneck Semiconductor ETF 0.01% 77 $21K No change
VRP Invesco Variable Rate Prefer 0.01% 872 $21K No change
VMI Valmont Industries 0.01% 65 $21K No change
SYK Stryker Corp. 0.01% 52 $21K No change
PZA Invesco National Amt-Free Mu 0.01% 911 $20K New
XYZ Block Inc. 0.01% 300 $20K No change
MRK Merck & Co. Inc. 0.01% 250 $20K No change
SCHW Schwab (charles) Corp. 0.01% 214 $20K No change
CRWD CrowdStrike Holdings Inc. Class A 0.01% 35 $18K New
HYMB SS SPDR N Ice HY Muni ETF 0.01% 687 $17K New
VIG Vanguard Dividend Apprec ETF 0.01% 78 $16K No change
YORW York Water Co. filed as YORK WTR CO 0.01% 500 $16K No change
POWA Invesco Bloomberg Pricing Po 0.01% 173 $15K No change
IWY iShares Russell Top 200 Grow 0.01% 60 $15K No change
BTBT Bit Digital Inc. 0.01% 6,000 $13K No change
TT Trane Technologies PLC 0.01% 30 $13K New
ACN Accenture PLC Class A 0.01% 42 $13K No change
SO The Southern Co. 0.01% 125 $11K Reduce -34.2%
SBUX Starbucks Corp. 0.01% 125 $11K No change
F Ford Motor Co. filed as FORD MTR CO 0.01% 1,000 $11K No change
WFC Wells Fargo & Co. 0.01% 134 $11K Add +17.5%
WCLD Wisdomtree Cloud Computing 0.01% 283 $10K New
HPQ HP Inc. 0.01% 416 $10K No change
UMBF Umb Financial Corp. 0.01% 95 $10K New
CCL Carnival Corp. 0.01% 355 $10K No change
PEP Pepsico Inc. 0.01% 75 $10K No change
ORLY O'reilly Automotive Inc. 0.01% 105 $9K No change
QTWO Q2 Holdings Inc. filed as Q2 HLDGS INC 0.01% 100 $9K New
UPS United Parcel Service Class B 0.00% 90 $9K No change
SNOW Snowflake Inc. 0.00% 40 $9K New
DHR Danaher Corp. 0.00% 45 $9K Add +12.5%
HPE Hewlett Packard Enterprise 0.00% 416 $9K No change
MTPLF Metaplanet Inc. 0.00% 685 $8K New
RIG Transocean Ltd. 0.00% 3,000 $8K No change
VOO Vanguard S&P 500 ETF 0.00% 13 $7K No change
META Meta Platforms Inc. Class A 0.00% 10 $7K No change
KO The Coca-Cola Co. 0.00% 98 $7K Add +16.7%
TEL Te Connectivity Ltd. 0.00% 40 $7K No change
NFLX Netflix Inc. 0.00% 5 $7K No change
EFIV SS SPDR S&P 500 ESG ETF 0.00% 113 $7K No change
ICSH iShares Ultra Short Duration 0.00% 129 $7K No change
QRVO Qorvo Inc. 0.00% 76 $6K No change
SHY iShares 1-3 Year Treasury Bo 0.00% 75 $6K No change
PLTR Palantir Technologies Inc. Class A 0.00% 45 $6K New
ALKT Alkami Technology Inc. 0.00% 200 $6K New
GEHC GE Healthcare Technology 0.00% 80 $6K Add +8.1%
GLOBAL X MLP ETF 0.00% 116 $6K No change
ABBV Abbvie Inc. 0.00% 30 $6K No change
CMG Chipotle Mexican Grill Inc. 0.00% 100 $6K No change
XOM Exxon Mobil Corp. 0.00% 51 $5K Add +104.0%
COP Conocophillips 0.00% 61 $5K Add +38.6%
SMCI Super Micro Computer Inc. 0.00% 110 $5K No change
CYDY Cytodyn Inc. 0.00% 18,200 $5K No change
FISV Fiserv Inc. 0.00% 27 $5K No change
AOA iShares Core 80/20 Aggressiv 0.00% 54 $5K No change
CHWY Chewy Inc. Class A 0.00% 100 $4K New
TSLA Tesla Inc. 0.00% 13 $4K No change
JNJ Johnson & Johnson 0.00% 27 $4K Add +92.9%
MCO Moody's Corp. 0.00% 8 $4K Add +60.0%
NXPI NXP Semiconductors NV 0.00% 18 $4K Add +80.0%
GE General Electric filed as GE AEROSPACE 0.00% 15 $4K Add +66.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.00% 12 $4K Add +50.0%
ZTS Zoetis Inc. 0.00% 24 $4K Add +71.4%
CDNS Cadence Design SYS Inc. 0.00% 12 $4K Add +71.4%
MU Micron Technology Inc. 0.00% 30 $4K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 78 $4K Add +122.9%
EA Electronic Arts Inc. 0.00% 23 $4K Add +43.8%
QCOM Qualcomm Inc. 0.00% 23 $4K Add +64.3%
MDLZ Mondelez International Inc. Class A 0.00% 52 $4K Add +36.8%
D Dominion Energy Inc. 0.00% 62 $4K Add +100.0%
SHOP Shopify Inc. Class A 0.00% 30 $3K New
CVX Chevron Corp. 0.00% 24 $3K Add +118.2%
EXC Exelon Corp. 0.00% 79 $3K Add +83.7%
CARR Carrier Global Corp. 0.00% 46 $3K Add +76.9%
EIX Edison International 0.00% 65 $3K Add +97.0%
CTRA Coterra Energy Inc. 0.00% 131 $3K Add +104.7%
HRL Hormel Foods Corp. 0.00% 103 $3K Add +43.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.00% 42 $3K Add +82.6%
HCA HCA Healthcare Inc. 0.00% 8 $3K Add +100.0%
PAYX Paychex Inc. 0.00% 21 $3K Add +75.0%
CBOE Cboe Global Markets Inc. 0.00% 13 $3K Add +85.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.00% 33 $3K Add +106.3%
FSLR First Solar Inc. 0.00% 18 $3K Add +125.0%
CI Cigna Holding Co. filed as CIGNA CORP 0.00% 9 $3K Add +80.0%
JNPR Juniper Networks Inc. 0.00% 73 $3K Add +102.8%
MDT Medtronic PLC 0.00% 33 $3K Add +106.3%
RF Regions Financial Corp. 0.00% 122 $3K Add +125.9%
PFE Pfizer Inc. 0.00% 118 $3K Add +118.5%
L Loews Corp. 0.00% 31 $3K Add +93.8%
FCX Freeport-McMoran Inc. 0.00% 65 $3K Add +58.5%
ROL Rollins Inc. 0.00% 50 $3K No change
HON Honeywell International Inc. 0.00% 12 $3K Add +100.0%
KEYS Keysight Technologies Inc. 0.00% 17 $3K Add +112.5%
CTSH Cognizant Tech Solutions-A 0.00% 34 $3K Add +112.5%
DOW Dow Inc. 0.00% 100 $3K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 21 $3K Add +133.3%
NOC Northrop Grumman Corp. 0.00% 5 $3K Add +66.7%
DECK Deckers Outdoor Corp. 0.00% 24 $2K No change
ITW Illinois Tool Works 0.00% 10 $2K Add +100.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 20 $2K Add +53.9%
CHTR Charter Communications Inc. Class A 0.00% 6 $2K Add +100.0%
BR Broadridge Financial Solutio 0.00% 10 $2K Add +100.0%
PARAA Paramount Global Class B 0.00% 188 $2K Add +100.0%
PTC PTC Inc. 0.00% 14 $2K Add +16.7%
PM Philip Morris International 0.00% 13 $2K Add +85.7%
LIN Linde PLC 0.00% 5 $2K Add +66.7%
MCD McDonald's Corp. 0.00% 8 $2K Add +60.0%
LMT Lockheed Martin Corp. 0.00% 5 $2K Add +66.7%
UNP Union Pacific Corp. 0.00% 10 $2K Add +100.0%
THC Tenet Healthcare Corp. 0.00% 13 $2K No change
EOG EOG Resources Inc. 0.00% 19 $2K Add +11.8%
DGRW Wisdomtree U.S. Quality Divi 0.00% 26 $2K No change
ECL Ecolab Inc. 0.00% 8 $2K Add +60.0%
UDR Udr Inc. 0.00% 50 $2K Add +100.0%
AVB Avalonbay Communities Inc. 0.00% 10 $2K Add +100.0%
CPT Camden Property Trust 0.00% 18 $2K Add +100.0%
CTVA Corteva Inc. 0.00% 27 $2K Add +107.7%
BWA Borgwarner Inc. 0.00% 59 $2K Add +118.5%
SYY Sysco Corp. 0.00% 26 $2K Add +100.0%
FNB FNB Corp. 0.00% 129 $2K No change
OMC Omnicom Group 0.00% 26 $2K Add +116.7%
DOC Healthpeak Properties Inc. 0.00% 104 $2K Add +108.0%
KMB Kimberly-Clark Corp. 0.00% 14 $2K Add +100.0%
STX Seagate Technology Ulc 0.00% 12 $2K No change
CHD Church & Dwight Co. Inc. 0.00% 18 $2K Add +100.0%
GIS General Mills Inc. 0.00% 33 $2K Add +106.3%
COO Cooper Cos Inc. 0.00% 24 $2K Add +166.7%
DHI D.R. Horton Inc. 0.00% 13 $2K Add +116.7%
MAS Masco Corp. 0.00% 26 $2K Add +18.2%
CZR Caesars Holdings Inc. filed as CZR 0.00% 58 $2K Add +141.7%
PYPL PayPal Holdings Inc. 0.00% 22 $2K Add +46.7%
TMO Thermo Fisher Scientific Inc. 0.00% 4 $2K Add +33.3%
SW Smurfit Westrock PLC 0.00% 37 $2K Add +131.3%
LKQ LKQ Corp. 0.00% 43 $2K Add +87.0%
VMC Vulcan Materials Co. 0.00% 6 $2K Add +100.0%
RJF Raymond James Financial Inc. 0.00% 10 $2K Add +25.0%
WST West Pharmaceutical Services 0.00% 7 $2K Add +75.0%
ROST Ross Stores Inc. 0.00% 12 $2K Add +100.0%
TECH Bio-Techne Corp. 0.00% 28 $1K Add +40.0%
IQV Iqvia Holdings Inc. 0.00% 9 $1K Add +125.0%
BRO Brown & Brown Inc. 0.00% 12 $1K No change
JBL Jabil Inc. 0.00% 6 $1K No change
ODFL Old Dominion Freight Line 0.00% 8 $1K Add +33.3%
BDX Becton Dickinson and Co. 0.00% 7 $1K Add +16.7%
GPN Global Payments Inc. 0.00% 14 $1K Add +27.3%
CME Cme Group Inc. 0.00% 4 $1K No change
COF Capital One Financial Corp. 0.00% 5 $1K New
BLK BlackRock Finance Inc. 0.00% 1 $1K New
DXCM Dexcom Inc. 0.00% 12 $1K No change
AKAM Akamai Technologies Inc. 0.00% 13 $1K New
PANW Palo Alto Networks Inc. 0.00% 5 $1K No change
CWCO Consolidated Water Co.-Ord SH 0.00% 33 $991 No change
RCL Royal Caribbean Cruises Ltd. 0.00% 3 $939 No change
ADSK Autodesk Inc. 0.00% 3 $929 No change
BX Blackstone Inc. 0.00% 6 $897 No change
KLAC KLA Corp. 0.00% 1 $896 No change
CDW Corp. 0.00% 5 $893 No change
VRTX Vertex Pharmaceuticals Inc. 0.00% 2 $890 No change
DRI Darden Restaurants Inc. 0.00% 4 $872 No change
NTAP Netapp Inc. 0.00% 8 $852 No change
AMGN Amgen Inc. 0.00% 3 $838 New
GRMN Garmin Ltd. 0.00% 4 $835 No change
HLT Hilton Worldwide Holdings Inc. 0.00% 3 $799 No change
TSCO Tractor Supply Company 0.00% 15 $792 No change
MPWR Monolithic Power Systems Inc. 0.00% 1 $731 No change
ZBH Zimmer Biomet Holdings Inc. 0.00% 8 $730 New
ALLE Allegion PLC 0.00% 5 $721 New
WM Waste Management Inc. 0.00% 3 $686 New
CPAY Corpay Inc. 0.00% 2 $664 No change
ABNB Airbnb Inc. Class A 0.00% 5 $662 No change
BA 0.00% 3 $629 No change
YELLQ Yellow Corp. 0.00% 1,000 $600 No change
FAST Fastenal Co. 0.00% 14 $588 No change
WBD Warner Bros Discovery Inc. 0.00% 50 $573 No change
ROP Roper Technologies Inc. 0.00% 1 $567 No change
LEN Lennar Corp. Class A 0.00% 5 $553 No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 8 $552 No change
MAR Marriott International Class A 0.00% 2 $546 No change
ISRG Intuitive Surgical Inc. 0.00% 1 $543 No change
SNPS Synopsys Inc. 0.00% 1 $513 No change
PNR Pentair PLC 0.00% 5 $513 No change
DE Deere & Co. 0.00% 1 $508 New
INGERSOLL-RAND PLC 0.00% 6 $499 No change
RSG Republic Services Inc. 0.00% 2 $493 No change
SBAC SBA Communications Corp. 0.00% 2 $470 No change
ULTA Ulta Beauty Inc. 0.00% 1 $468 No change
AOS Smith (a.o.) Corp. 0.00% 7 $459 No change
AMT American Tower Corp. 0.00% 2 $442 No change
GLW Corning Inc. 0.00% 8 $426 No change
HES Hess Corp. 0.00% 3 $416 No change
CAT Caterpillar Inc. 0.00% 1 $388 No change
PWR Quanta Services Inc. 0.00% 1 $378 No change
TRGP Targa Resources Corp. 0.00% 2 $348 No change
OKE Oneok Inc. 0.00% 4 $327 No change
ADP Automatic Data Processing 0.00% 1 $308 No change
PSA Public Storage 0.00% 1 $293 No change
POOL Pool Corp. 0.00% 1 $291 No change
ORCL Oracle Corp. 0.00% 1 $220 No change
MMTZF Mindmaze Therapeutics Holdin filed as RELIEF THERAPEUTIC ORDF 0.00% 77 $208 No change
SNFI Stark Novus Financial Inc. filed as NU RIDE INC 0.00% 133 $185 No change
CENN Cenntro Inc. 0.00% 100 $77 No change
MRP Millrose Properties 0.00% 2 $57 No change
HLGN Heliogen Inc. 0.00% 17 $27 No change
DJT Trump Media & Technology Gro 0.00% 1 $18 No change
WKHS Workhorse Group Inc. filed as WKHS 0.00% 4 $4 No change
EVBC Evolution Blockchain Group I filed as EVBC 0.00% 500 $0 New
FTPM 420 Property Management Inc. filed as FTPM 0.00% 5 $0 New
IEXA 0.00% 10 $0 New
45669R701 0.00% 1 $0 New
ARVLF Arrival SA 0.00% 15 $0 New
Other holdings (1): bonds, preferreds, convertibles and warrants · $9K (not counted above)
SecurityClassShares / PrincipalValueChange
FIRST EAGLE ALTERNATIVE (FCRD 5 05/25/26) Stock 375$9KNo change

Total filed on the 13F, all lines: $188.6M.

Portfolio Sells Q1 2025 → Q2 2025

SPSB SS SPDR P St C Corp. ETF Reduce -1.7% 7.80% −0.51
XLF SS Financial Select Sector Reduce -40.6% 0.69% −0.47
VGSH Vanguard Short-Term Treasury Reduce -0.9% 5.78% −0.34
XLC SS Comm Select Sector SPDR Reduce -30.2% 0.87% −0.29
JPST JPMorgan Ultra-Short Income Reduce -16.9% 0.81% −0.21
XLV SS Health Care Select Sector Reduce -1.1% 1.37% −0.21
SPMB SS SPDR P Mort Back Bond ETF Reduce -3.5% 2.35% −0.20
SPHY SS SPDR P High Yield ETF Reduce -0.6% 4.56% −0.19
GLDM SPDR Gold Minishares Trust Reduce -11.6% 1.49% −0.18
DFAC Dimensional US Core Equity 2 Sold out 0.00% −0.17
SPTL SS SPDR PF LNG TRM TSY E-Usd Reduce -1.2% 1.63% −0.15
SCHP Schwab U.S. Tips ETF Reduce -0.4% 1.83% −0.12
VCLT Vanguard Long-Term Corp. Bond Reduce -0.3% 2.04% −0.11
XLRE SS Real Estate Select Sector Reduce -0.5% 1.50% −0.10
MLPX Global X MLP & Energy Infras Reduce -1.2% 1.10% −0.09
FLRN SS SPDR BB Ig Float RT ETF Reduce -1.1% 1.23% −0.08
VWOB Vanguard Emerg MKTS Gov BND Reduce -1.3% 1.51% −0.07
XLE SS Energy Select Sector Reduce -2.0% 0.38% −0.07
FPE FT-Preferred Secur & Inc. ETF Reduce -1.3% 1.20% −0.06
XLP SS Consumer Staples Sel Sect Reduce -0.1% 0.79% −0.05
SCHA Schwab US Small-Cap ETF Reduce -3.7% 3.26% −0.04
CMBS iShares CMBS ETF Reduce -17.1% 0.12% −0.03
IAGG iShares Intl Aggregate Bond Reduce -26.1% 0.06% −0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -2.3% 0.41% −0.02
BSJP Invesco Bulletshares 2025 HY Reduce -0.8% 0.20% −0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -13.1% 0.05% −0.01
BSJQ Invesco Bulletshares 2026 HY Reduce -1.4% 0.11% −0.01
FDX FedEx Corp. Sold out 0.00% −0.01
GLD SPDR Gold Shares Sold out 0.00% −0.00
EWJ iShares MSCI Japan ETF Sold out 0.00% −0.00
SO The Southern Co. Reduce -34.2% 0.01% −0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -12.8% 0.02% −0.00
BSJR Invesco Bulletshares 2027 HY Reduce -8.7% 0.02% −0.00
BSJT Invesco Bulletshares 2029 HY Reduce -9.0% 0.02% −0.00
BSJS Invesco Bulletshares 2028 HY Reduce -8.9% 0.02% −0.00
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -13.9% 0.02% −0.00
TWLO Twilio Inc. Class A Sold out 0.00% −0.00
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -12.4% 0.04% −0.00
XLY SS Consumer Disc Select Sect Reduce -4.4% 1.02% +0.00
ICVT iShares Convertible Bond ETF Reduce -1.4% 1.98% +0.02
SPEM State Street SP PTF Em ETF Reduce -1.6% 1.71% +0.03
VSS Vanguard Ftse All Wo X-US SC Reduce -3.5% 1.75% +0.11
SPDW Ste STR SPDR PT DW Eu ETF Reduce -2.6% 5.77% +0.17
XLK SS Technology Select Sector Reduce -1.1% 3.32% +0.44

Portfolio Buys Q1 2025 → Q2 2025

SPYG SS SPDR P S&P 500 Growth ETF Add +1.0% 10.18% +1.24
SCHM Schwab US Mid Cap ETF Add +9.5% 7.02% +0.73
XLI SS Industrial Select Sector Add +31.3% 1.57% +0.45
XLB SS Materials Select Sector Add +33.7% 0.65% +0.15
NVDA Nvidia Corp. Add +24.1% 0.28% +0.12
MSFT Microsoft Corp. Add +86.5% 0.10% +0.06
VTIP Vanguard Short-Term Tips Add +19.9% 0.37% +0.05
POWERSHARES Add +826.3% 0.05% +0.05
FDN First Trust DJ Internet Ind New 0.04% +0.04
QTEC First Trust Nasdq 100 Tech I New 0.04% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +570.0% 0.04% +0.04
AMZN Amazon.com Inc. Add +11.2% 0.21% +0.04
BAB Invesco Taxable Municipal Bo Add +64.5% 0.10% +0.04
SUB iShares Short-Term National New 0.03% +0.03
V Visa Inc. Class A Add +102.2% 0.05% +0.03
MUB iShares National Muni Bond E New 0.02% +0.02
VGT Vanguard Info Tech ETF Add +3.3% 0.13% +0.02
EMHY iShares J.P. Morgan Em High Add +33.2% 0.08% +0.02
MARKET VECTORS ETF TR New 0.02% +0.02
ADBE Adobe Inc. Add +4000.0% 0.02% +0.02
SPYV SS SPDR P S&P 500 Value ETF Add +2.7% 9.04% +0.01
MA Mastercard Inc. Class A Add +2250.0% 0.01% +0.01
PZA Invesco National Amt-Free Mu New 0.01% +0.01
CRWD CrowdStrike Holdings Inc. Class A New 0.01% +0.01
HYMB SS SPDR N Ice HY Muni ETF New 0.01% +0.01
TT Trane Technologies PLC New 0.01% +0.01
AMD Advanced Micro Devices Add +43.9% 0.01% +0.01
GS Goldman Sachs Group Inc. Add +4.9% 0.02% +0.01
WCLD Wisdomtree Cloud Computing New 0.01% +0.01
UMBF Umb Financial Corp. New 0.01% +0.01
QTWO Q2 Holdings Inc. New 0.01% +0.01
SNOW Snowflake Inc. New 0.00% +0.00
JPM JPMorgan Chase & Co. Add +3.5% 0.03% +0.00
MTPLF Metaplanet Inc. New 0.00% +0.00
PGHY Invesco Global Ex US High Yi Add +5.8% 0.44% +0.00
PLTR Palantir Technologies Inc. Class A New 0.00% +0.00
ALKT Alkami Technology Inc. New 0.00% +0.00
CHWY Chewy Inc. Class A New 0.00% +0.00
PNFP Pinnacle Financial Partners Add +11.1% 0.02% +0.00
MU Micron Technology Inc. New 0.00% +0.00
SHOP Shopify Inc. Class A New 0.00% +0.00
WMT Walmart Inc. Add +3.7% 0.02% +0.00
DOW Dow Inc. New 0.00% +0.00
XOM Exxon Mobil Corp. Add +104.0% 0.00% +0.00
BAC Bank of America Corp. Add +122.9% 0.00% +0.00
WFC Wells Fargo & Co. Add +17.5% 0.01% +0.00
CDNS Cadence Design SYS Inc. Add +71.4% 0.00% +0.00
FSLR First Solar Inc. Add +125.0% 0.00% +0.00
GE General Electric Add +66.7% 0.00% +0.00
NXPI NXP Semiconductors NV Add +80.0% 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 605$260.8MSPYG, SPYV, SPSB, SCHM, SPDW
Q1 2026 381$226.2MSPSB, SPYG, SPYV, SPDW, SCHM
Q4 2025 365$219.8MSPYG, SPYV, SPSB, SCHM, SPDW
Q3 2025 355$209.6MSPYG, SPYV, SPSB, SCHM, SPDW
Q2 2025 319$188.6MSPYG, SPYV, SPSB, SCHM, VGSH
Q1 2025Amended 291$179.4MSPYV, SPYG, SPSB, SCHM, VGSH
Q4 2024 254$177.8MVGSH, SPYG, SPYV, SPDW, SCHM
Q3 2024 269$168.3MSPYG, VGSH, SPYV, SPDW, SCHM
Q2 2024Amended 265$158.2MSPYG, VGSH, SPYV, SPDW, SPHY
Q1 2024 260$155.8MVGSH, SPYG, SPYV, SPDW, SPHY