Horizon Financial Services, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), Horizon Financial Services, LLC reported 365 stock positions worth $219.8 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 10.1% of the portfolio, followed by SS SPDR P S&P 500 Value ETF (SPYV, 9.1%) and SS SPDR P St C Corp. ETF (SPSB, 7.6%). Compared with Q3 2025, it opened 30 new positions, sold out of 22, added to 112 and reduced 79. The biggest buy was SS Financial Select Sector (XLF, shares +140%) and the biggest sale SS Industrial Select Sector (XLI, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- WINSTON SALEM, NC
- CIK
- 0001674020
- Portfolio Value
- $219.8M (Q4 2025)
- SEC Filing
- 0001674020-26-000001 ↗ filed Jan 12, 2026
Holdings Value
Holdings 365 stocks · $219.8M
| SPYG SS SPDR P S&P 500 Growth ETF | 10.07% | 207,357 | $22.1M | Add +0.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 9.14% | 353,399 | $20.1M | Add +2.2% |
| SPSB SS SPDR P St C Corp. ETF | 7.56% | 549,960 | $16.6M | Add +7.0% |
| SCHM Schwab US Mid Cap ETF | 6.82% | 498,477 | $15.0M | Reduce -0.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 5.56% | 274,991 | $12.2M | Reduce -0.7% |
| VGSH Vanguard Short-Term Treasury | 4.92% | 183,941 | $10.8M | Add +1.1% |
| SPHY SS SPDR P High Yield ETF | 4.20% | 389,582 | $9.2M | Add +6.7% |
| SRLN SS Blackstone Sr Loan ETF | 4.15% | 221,016 | $9.1M | Add +6.7% |
| XLK SS Technology Select Sector | 3.82% | 58,318 | $8.4M | Add +13.8% |
| SCHA Schwab US Small-Cap ETF | 3.41% | 262,982 | $7.5M | Add +1.4% |
| SPMB SS SPDR P Mort Back Bond ETF | 2.17% | 213,188 | $4.8M | Add +3.8% |
| VCLT Vanguard Long-Term Corp. Bond | 1.93% | 56,005 | $4.2M | Add +5.8% |
| ICVT iShares Convertible Bond ETF | 1.87% | 41,750 | $4.1M | Add +0.0% |
| SPEM State Street SP PTF Em ETF | 1.67% | 78,552 | $3.7M | Add +0.4% |
| SCHP Schwab U.S. Tips ETF | 1.62% | 134,740 | $3.6M | Add +3.7% |
| VSS Vanguard Ftse All Wo X-US SC | 1.60% | 24,483 | $3.5M | Reduce -1.1% |
| XLI SS Industrial Select Sector | 1.60% | 22,617 | $3.5M | Reduce -12.8% |
| XLF SS Financial Select Sector | 1.55% | 62,313 | $3.4M | Add +139.5% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.46% | 121,363 | $3.2M | Add +1.4% |
| VWOB Vanguard Emerg MKTS Gov BND | 1.44% | 46,957 | $3.2M | Add +3.6% |
| GLDM SPDR Gold Minishares Trust | 1.42% | 36,625 | $3.1M | Reduce -13.7% |
| XLRE SS Real Estate Select Sector | 1.39% | 75,747 | $3.1M | Add +6.0% |
| XLV SS Health Care Select Sector | 1.32% | 18,692 | $2.9M | Add +10.0% |
| XLC SS Comm Select Sector SPDR | 1.25% | 23,303 | $2.7M | Add +14.0% |
| FLRN SS SPDR BB Ig Float RT ETF | 1.22% | 87,341 | $2.7M | Add +14.5% |
| FPE FT-Preferred Secur & Inc. ETF | 1.13% | 136,533 | $2.5M | Add +3.3% |
| XLY SS Consumer Disc Select Sect | 1.02% | 18,845 | $2.3M | Add +50.1% |
| SJNK SS SPDR BB St Hi Yield ETF | 1.02% | 88,469 | $2.2M | Add +26.3% |
| MLPX Global X MLP & Energy Infras | 0.97% | 35,131 | $2.1M | Add +1.1% |
| VCIT Vanguard Int-Term Corporate | 0.80% | 21,082 | $1.8M | Add +9.9% |
| JPST JPMorgan Ultra-Short Income | 0.68% | 29,527 | $1.5M | Reduce -7.6% |
| XLP SS Consumer Staples Sel Sect | 0.62% | 17,403 | $1.4M | Reduce -14.7% |
| SCHR Schwab Intermediate-Term US | 0.58% | 50,629 | $1.3M | Add +7.7% |
| AAPL Apple Inc. | 0.51% | 4,097 | $1.1M | Add +8.0% |
| MSFT Microsoft Corp. | 0.48% | 2,194 | $1.1M | Reduce -2.0% |
| XLE SS Energy Select Sector | 0.47% | 23,156 | $1.0M | Reduce -4.2% |
| DUK Duke Energy Corp. | 0.46% | 8,690 | $1.0M | Reduce -6.2% |
| LLY Eli Lilly & Co. | 0.45% | 929 | $998K | Add +0.9% |
| XLB SS Materials Select Sector | 0.45% | 21,669 | $983K | Add +14.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.43% | 21,967 | $938K | Add +9.5% |
| HD Home Depot Inc. | 0.40% | 2,542 | $875K | Reduce -1.5% |
| NVDA Nvidia Corp. | 0.34% | 3,999 | $746K | Add +9.3% |
| LH Laboratory CRP of Amer Hldgs filed as LABCORP HLDGS INC | 0.32% | 2,820 | $707K | No change |
| PGHY Invesco Global Ex US High Yi | 0.28% | 31,219 | $621K | Add +6.3% |
| POWERSHARES | 0.27% | 974 | $598K | Add +157.0% |
| AMZN Amazon.com Inc. | 0.23% | 2,211 | $510K | Add +11.8% |
| VTIP Vanguard Short-Term Tips | 0.22% | 9,840 | $487K | Add +6.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.22% | 975 | $476K | Reduce -2.2% |
| CW Curtiss-Wright Corp. | 0.20% | 813 | $448K | No change |
| LOW Lowe's Cos Inc. | 0.17% | 1,593 | $384K | Reduce -3.8% |
| APH Amphenol Corp. Class A | 0.17% | 2,800 | $378K | No change |
| COF Capital One Financial Corp. | 0.13% | 1,178 | $286K | Add +1.8% |
| AVGO Broadcom Pte Ltd. filed as AVGO | 0.13% | 815 | $282K | Add +4.8% |
| VGT Vanguard Info Tech ETF | 0.13% | 374 | $282K | Reduce -1.8% |
| AON Aon PLC | 0.12% | 771 | $272K | No change |
| BSJQ Invesco Bulletshares 2026 HY | 0.12% | 11,425 | $267K | Add +30.9% |
| T AT&T Inc. | 0.12% | 10,244 | $254K | Add +1.2% |
| EMHY iShares J.P. Morgan Em High | 0.11% | 5,922 | $239K | Add +27.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.09% | 1,167 | $207K | Add +16.8% |
| UNH Unitedhealth Group Inc. | 0.09% | 579 | $191K | No change |
| GPC Genuine Parts Co. | 0.09% | 1,554 | $191K | No change |
| CMBS iShares CMBS ETF | 0.07% | 3,283 | $161K | Add +9.7% |
| GE General Electric filed as GE AEROSPACE | 0.07% | 508 | $156K | Add +1.2% |
| GOOG Alphabet Inc. Class C | 0.07% | 491 | $154K | Add +11.6% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.07% | 521 | $145K | Add +16.6% |
| NSC Norfolk Southern Corp. | 0.07% | 495 | $143K | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.06% | 209 | $138K | Add +13.0% |
| IJH iShares Core S&P Midcap ETF | 0.06% | 1,917 | $127K | New |
| BAB Invesco Taxable Municipal Bo | 0.05% | 4,361 | $119K | Add +6.7% |
| IAGG iShares Intl Aggregate Bond | 0.05% | 2,363 | $118K | Add +12.1% |
| CVX Chevron Corp. | 0.05% | 772 | $118K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 395 | $117K | Add +1.8% |
| BSJR Invesco Bulletshares 2027 HY | 0.05% | 4,880 | $110K | Add +284.6% |
| RY Royal Bank of Canada | 0.05% | 615 | $105K | No change |
| SO The Southern Co. | 0.05% | 1,188 | $104K | No change |
| AMAT Applied Materials Inc. | 0.05% | 400 | $103K | No change |
| CMCSA Comcast Corp. Class A | 0.05% | 3,428 | $102K | No change |
| ENB Enbridge Inc. | 0.04% | 1,953 | $93K | Reduce -46.8% |
| DELL Dell Technologies -C | 0.04% | 713 | $90K | Add +1.9% |
| ACHR Archer Aviation Inc. Class A | 0.04% | 11,885 | $89K | No change |
| MMM 3M Co. | 0.04% | 554 | $89K | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.04% | 288 | $87K | Add +18.0% |
| GOOGL Alphabet Inc. Class A | 0.04% | 277 | $87K | Reduce -22.0% |
| INTC Intel Corp. | 0.04% | 2,341 | $86K | No change |
| V Visa Inc. Class A | 0.04% | 236 | $83K | Reduce -0.8% |
| CRM Salesforce Inc. | 0.04% | 309 | $82K | Reduce -3.4% |
| SCHG Schwab US Large-Cap Growth | 0.03% | 2,332 | $76K | Reduce -11.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.03% | 359 | $76K | Add +18.5% |
| TSLA Tesla Inc. | 0.03% | 168 | $76K | Add +27.3% |
| JPM JPMorgan Chase & Co. | 0.03% | 234 | $76K | No change |
| STNC Hennessy Sustainable ETF | 0.03% | 2,248 | $74K | No change |
| GEV GE Vernova Inc. | 0.03% | 113 | $74K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 143 | $72K | Add +3.6% |
| SCHV Schwab US Large-Cap Value | 0.03% | 2,244 | $66K | No change |
| MA Mastercard Inc. Class A | 0.03% | 105 | $60K | Reduce -5.4% |
| REET iShares Global REIT ETF | 0.03% | 2,331 | $58K | Add +14.0% |
| BX Blackstone Inc. | 0.03% | 366 | $56K | No change |
| SUB iShares Short-Term National | 0.02% | 471 | $50K | No change |
| MUB iShares National Muni Bond E | 0.02% | 439 | $47K | No change |
| WMT Walmart Inc. | 0.02% | 390 | $43K | Add +17.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $9K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FIRST EAGLE ALTERNATIVE (FCRD 5 05/25/26) | Stock | 375 | $9K | No change |
Total filed on the 13F, all lines: $219.8M.
Portfolio Sells Q3 2025 → Q4 2025
| XLI SS Industrial Select Sector | Reduce -12.8% | 1.60% | −0.31 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.7% | 6.82% | −0.28 |
| BSJP Invesco Bulletshares 2025 HY | Sold out | 0.00% | −0.18 |
| XLP SS Consumer Staples Sel Sect | Reduce -14.7% | 0.62% | −0.15 |
| GLDM SPDR Gold Minishares Trust | Reduce -13.7% | 1.42% | −0.13 |
| HD Home Depot Inc. | Reduce -1.5% | 0.40% | −0.10 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -0.7% | 5.56% | −0.10 |
| JPST JPMorgan Ultra-Short Income | Reduce -7.6% | 0.68% | −0.09 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -1.1% | 1.60% | −0.09 |
| DUK Duke Energy Corp. | Reduce -6.2% | 0.46% | −0.08 |
| MSFT Microsoft Corp. | Reduce -2.0% | 0.48% | −0.07 |
| ENB Enbridge Inc. | Reduce -46.8% | 0.04% | −0.05 |
| XLE SS Energy Select Sector | Reduce -4.2% | 0.47% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -3.8% | 0.17% | −0.02 |
| ON ASSIGNMENT INC | Sold out | 0.00% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -62.5% | 0.01% | −0.02 |
| VMI Valmont Industries | Sold out | 0.00% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.2% | 0.22% | −0.01 |
| ABT Abbott Laboratories | Reduce -35.0% | 0.01% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -52.0% | 0.01% | −0.01 |
| SYK Stryker Corp. | Reduce -70.3% | 0.00% | −0.01 |
| NFLX Netflix Inc. | Reduce -27.6% | 0.01% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -1.8% | 0.13% | −0.01 |
| BSJU Invesco Bulletshares 2030 HY | Sold out | 0.00% | −0.01 |
| SCHG Schwab US Large-Cap Growth | Reduce -11.6% | 0.03% | −0.01 |
| AJG Arthur J Gallagher & Co. | Reduce -60.4% | 0.00% | −0.01 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.01 |
| PFG Principal Financial Group | Reduce -45.1% | 0.01% | −0.01 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.01 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.00 |
| PAYX Paychex Inc. | Reduce -61.0% | 0.00% | −0.00 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.00 |
| MAS Masco Corp. | Reduce -67.5% | 0.00% | −0.00 |
| DHR Danaher Corp. | Reduce -88.9% | 0.00% | −0.00 |
| EOG EOG Resources Inc. | Reduce -79.2% | 0.00% | −0.00 |
| TDY Teledyne Technologies Inc. | Reduce -62.5% | 0.00% | −0.00 |
| ZTS Zoetis Inc. | Reduce -68.3% | 0.00% | −0.00 |
| CI Cigna Holding Co. | Reduce -70.0% | 0.00% | −0.00 |
| PYPL PayPal Holdings Inc. | Reduce -80.0% | 0.00% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -5.4% | 0.03% | −0.00 |
| PTC PTC Inc. | Reduce -74.3% | 0.00% | −0.00 |
| BR Broadridge Financial Solutio | Reduce -68.8% | 0.00% | −0.00 |
| CARR Carrier Global Corp. | Reduce -68.6% | 0.00% | −0.00 |
| MDLZ Mondelez International Inc. Class A | Reduce -71.3% | 0.00% | −0.00 |
| CHTR Charter Communications Inc. Class A | Reduce -73.9% | 0.00% | −0.00 |
| DIS The Walt Disney Co. | Reduce -66.7% | 0.00% | −0.00 |
| GPN Global Payments Inc. | Reduce -81.1% | 0.00% | −0.00 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -9.5% | 0.01% | −0.00 |
| ORCL Oracle Corp. | Reduce -56.0% | 0.00% | −0.00 |
| GIS General Mills Inc. | Reduce -73.8% | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| XLF SS Financial Select Sector | Add +139.5% | 1.55% | +0.88 |
| XLK SS Technology Select Sector | Add +13.8% | 3.82% | +0.37 |
| XLY SS Consumer Disc Select Sect | Add +50.1% | 1.02% | +0.31 |
| XLV SS Health Care Select Sector | Add +10.0% | 1.32% | +0.19 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +26.3% | 1.02% | +0.16 |
| POWERSHARES | Add +157.0% | 0.27% | +0.16 |
| SPSB SS SPDR P St C Corp. ETF | Add +7.0% | 7.56% | +0.13 |
| LLY Eli Lilly & Co. | Add +0.9% | 0.45% | +0.12 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +14.5% | 1.22% | +0.10 |
| XLC SS Comm Select Sector SPDR | Add +14.0% | 1.25% | +0.09 |
| IJH iShares Core S&P Midcap ETF | New | 0.06% | +0.06 |
| AAPL Apple Inc. | Add +8.0% | 0.51% | +0.05 |
| XLB SS Materials Select Sector | Add +14.5% | 0.45% | +0.04 |
| SRLN SS Blackstone Sr Loan ETF | Add +6.7% | 4.15% | +0.04 |
| BSJR Invesco Bulletshares 2027 HY | Add +284.6% | 0.05% | +0.04 |
| VCIT Vanguard Int-Term Corporate | Add +9.9% | 0.80% | +0.03 |
| SPHY SS SPDR P High Yield ETF | Add +6.7% | 4.20% | +0.03 |
| AMZN Amazon.com Inc. | Add +11.8% | 0.23% | +0.03 |
| BSJQ Invesco Bulletshares 2026 HY | Add +30.9% | 0.12% | +0.02 |
| EMHY iShares J.P. Morgan Em High | Add +27.4% | 0.11% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +11.6% | 0.07% | +0.02 |
| SCHR Schwab Intermediate-Term US | Add +7.7% | 0.58% | +0.01 |
| NVDA Nvidia Corp. | Add +9.3% | 0.34% | +0.01 |
| COF Capital One Financial Corp. | Add +1.8% | 0.13% | +0.01 |
| SCHD Schwab US DVD Equity ETF | New | 0.01% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +2.2% | 9.14% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +16.8% | 0.09% | +0.01 |
| IWF iShares Russell 1000 Growth | New | 0.01% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +9.5% | 0.43% | +0.01 |
| PFE Pfizer Inc. | Add +174.8% | 0.01% | +0.01 |
| TSLA Tesla Inc. | Add +27.3% | 0.03% | +0.01 |
| AVGO Broadcom Pte Ltd. | Add +4.8% | 0.13% | +0.01 |
| UBER Uber Technologies Inc. | New | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +63.0% | 0.01% | +0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +18.0% | 0.04% | +0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +18.5% | 0.03% | +0.00 |
| VZ Verizon Communications Inc. | Add +119.8% | 0.01% | +0.00 |
| AAL American Airlines Group Inc. | New | 0.00% | +0.00 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +16.6% | 0.07% | +0.00 |
| WMT Walmart Inc. | Add +17.1% | 0.02% | +0.00 |
| CMBS iShares CMBS ETF | Add +9.7% | 0.07% | +0.00 |
| COP Conocophillips | Add +126.3% | 0.01% | +0.00 |
| ABBV Abbvie Inc. | Add +51.8% | 0.01% | +0.00 |
| DE Deere & Co. | Add +118.2% | 0.01% | +0.00 |
| PGHY Invesco Global Ex US High Yi | Add +6.3% | 0.28% | +0.00 |
| HUM Humana Inc. | New | 0.00% | +0.00 |
| MKC McCormick & Co.-Non VTG SHRS | New | 0.00% | +0.00 |
| BMY Bristol-Myers Squibb Co. | New | 0.00% | +0.00 |
| IAGG iShares Intl Aggregate Bond | Add +12.1% | 0.05% | +0.00 |
| VNQ Vanguard Real Estate ETF | New | 0.00% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| C Citigroup Inc. | COM NEW | New | 0 | $0 |
| FAST Fastenal Co. | COM | Sold out | 0 | $0before exit |
| GIL Gildan Activewear Inc. | COM | New | 0 | $0 |
| LNC Lincoln National Corp. | COM | New | 0 | $0 |
| POOL Pool Corp. | COM | Sold out | 0 | $0before exit |
| INGERSOLL-RAND PLC | COM | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 605 | $260.8M | SPYG, SPYV, SPSB, SCHM, SPDW |
| Q1 2026 | 381 | $226.2M | SPSB, SPYG, SPYV, SPDW, SCHM |
| Q4 2025 | 365 | $219.8M | SPYG, SPYV, SPSB, SCHM, SPDW |
| Q3 2025 | 355 | $209.6M | SPYG, SPYV, SPSB, SCHM, SPDW |
| Q2 2025 | 319 | $188.6M | SPYG, SPYV, SPSB, SCHM, VGSH |
| Q1 2025Amended | 291 | $179.4M | SPYV, SPYG, SPSB, SCHM, VGSH |
| Q4 2024 | 254 | $177.8M | VGSH, SPYG, SPYV, SPDW, SCHM |
| Q3 2024 | 269 | $168.3M | SPYG, VGSH, SPYV, SPDW, SCHM |
| Q2 2024Amended | 265 | $158.2M | SPYG, VGSH, SPYV, SPDW, SPHY |
| Q1 2024 | 260 | $155.8M | VGSH, SPYG, SPYV, SPDW, SPHY |