Horizon Investments, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Horizon Investments, LLC reported 1,099 stock positions worth $6.3 billion. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 8.5% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 5.8%) and SS SPDR P S&P 500 Value ETF (SPYV, 3.9%). Compared with Q1 2025, it opened 273 new positions, sold out of 29, added to 668 and reduced 101. The biggest buy was Nvidia (NVDA, shares +433%) and the biggest sale SS SPDR P S&P 500 Value ETF (SPYV, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- Charlotte, NC
- CIK
- 0001560717
- Portfolio Value
- $6.3B (Q2 2025)
- SEC Filing
- 0001560717-25-000006 ↗ filed Aug 14, 2025
Holdings Value
Holdings 1,099 stocks · $6.3B
| SPYG SS SPDR P S&P 500 Growth ETF | 8.50% | 5,632,336 | $536.9M | Add +22.2% |
| IDEV iShares Core MSCI Dev MKTS | 5.82% | 4,834,866 | $367.6M | Add +32.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 3.94% | 4,757,058 | $249.0M | Reduce -6.0% |
| RSP Invesco S&P 500 Equal Weight | 3.61% | 1,255,164 | $228.1M | Reduce -0.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 3.22% | 5,024,596 | $203.4M | Reduce -19.6% |
| SPEM State Street SP PTF Em ETF | 2.91% | 4,295,710 | $183.6M | Reduce -3.6% |
| NVDA Nvidia Corp. | 2.68% | 1,072,592 | $169.5M | Add +432.6% |
| MSFT Microsoft Corp. | 2.62% | 332,825 | $165.6M | Add +494.1% |
| USMV iShares MSCI USA Min Vol Fac | 1.70% | 1,146,363 | $107.6M | Add +44.0% |
| META Meta Platforms Inc. Class A | 1.57% | 134,366 | $99.2M | Add +375.4% |
| AAPL Apple Inc. | 1.50% | 462,017 | $94.7M | Add +371.6% |
| AMZN Amazon.com Inc. | 1.39% | 399,803 | $87.7M | Add +336.4% |
| AVGO Broadcom Inc. | 1.31% | 299,820 | $82.6M | Add +274.9% |
| IEMG iShares Core MSCI Emerging | 1.10% | 1,156,143 | $69.4M | Reduce -5.6% |
| DGRO iShares Core Dividend Growth | 1.04% | 1,023,718 | $65.5M | Add +101.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.94% | 1,203,898 | $59.4M | Add +235.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.91% | 118,253 | $57.4M | Add +1255.5% |
| QUAL iShares MSCI USA Quality Fac | 0.90% | 309,414 | $56.6M | Add +1191.6% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.87% | 1,039,677 | $55.0M | Add +4158608.0% |
| GOOGL Alphabet Inc. Class A | 0.85% | 305,987 | $53.9M | Add +580.1% |
| SRLN SS Blackstone Sr Loan ETF | 0.78% | 1,197,552 | $49.2M | Add +90213.1% |
| PYLD PIMCO Multisector Bond Actv | 0.69% | 1,650,219 | $43.4M | Add +76.7% |
| NFLX Netflix Inc. | 0.64% | 30,343 | $40.6M | Add +166.1% |
| TLT iShares 20+ Year Treasury BD | 0.61% | 437,807 | $38.3M | Add +163.9% |
| MA Mastercard Inc. Class A | 0.53% | 59,758 | $33.5M | Add +1386.9% |
| TSLA Tesla Inc. | 0.53% | 104,837 | $33.3M | Add +121.6% |
| KBWB Invesco KBW Bank ETF | 0.52% | 457,451 | $32.8M | Add +19.9% |
| TOTL SS Doubleline TR Tact ETF | 0.52% | 821,760 | $32.7M | Add +12.0% |
| XLC SS Comm Select Sector SPDR | 0.50% | 288,700 | $31.3M | Add +566.4% |
| HYLB Xtrackers Usd High Yield Cor | 0.48% | 838,233 | $30.6M | Add +68.3% |
| JPM JPMorgan Chase & Co. | 0.46% | 101,704 | $29.3M | Add +360.1% |
| EMB iShares JP Morgan Usd Emergi | 0.46% | 317,229 | $29.1M | Add +416.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.44% | 99,853 | $27.9M | Add +28.4% |
| VEA Vanguard Ftse Developed ETF | 0.42% | 465,963 | $26.6M | Reduce -1.2% |
| AGG iShares Core U.S. Aggregate | 0.40% | 256,849 | $25.3M | Add +2.8% |
| IGLB iShares 10+ Year Inv GR Corp. | 0.40% | 502,197 | $25.0M | Add +44.8% |
| IJR iShares Core S&P Small-Cap E | 0.39% | 226,261 | $24.7M | Reduce -68.9% |
| BBEU JPMorgan Betabuilders Europe | 0.39% | 364,316 | $24.6M | Reduce -2.6% |
| EWJ iShares MSCI Japan ETF | 0.39% | 326,170 | $24.5M | Reduce -5.2% |
| SCHD Schwab US DVD Equity ETF | 0.38% | 906,123 | $24.0M | Reduce -18.5% |
| JMBS Janus Henderson Mortg Backed | 0.38% | 537,302 | $24.0M | Reduce -10.7% |
| V Visa Inc. Class A | 0.38% | 67,516 | $23.9M | Add +158.1% |
| BOND PIMCO Active Bond Exchange-T | 0.38% | 259,919 | $23.8M | Add +24.7% |
| WMT Walmart Inc. | 0.37% | 242,059 | $23.7M | Add +156.8% |
| MRK Merck & Co. Inc. | 0.37% | 291,494 | $23.1M | Add +722.7% |
| COST Costco Wholesale Corp. | 0.36% | 22,782 | $22.5M | Add +219.0% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 163,554 | $22.3M | Add +195.6% |
| JNJ Johnson & Johnson | 0.35% | 145,596 | $22.2M | Add +422.9% |
| ANGL Vaneck Fallen Angel High YLD | 0.35% | 755,471 | $21.9M | Reduce -26.4% |
| SPSB SS SPDR P St C Corp. ETF | 0.35% | 725,125 | $21.9M | Add +10.2% |
| XOM Exxon Mobil Corp. | 0.33% | 193,820 | $20.9M | Add +255.1% |
| LLY Eli Lilly & Co. | 0.32% | 26,123 | $20.4M | Add +175.2% |
| DFAE Dimensional Emerging Core Eq | 0.32% | 698,320 | $20.2M | Add +3.3% |
| ORCL Oracle Corp. | 0.31% | 89,899 | $19.6M | Add +38.9% |
| PM Philip Morris International | 0.31% | 107,106 | $19.5M | Add +263.3% |
| HD Home Depot Inc. | 0.31% | 53,103 | $19.5M | Add +372.3% |
| FBND Fidelity Total Bond ETF | 0.30% | 413,287 | $18.8M | Add +3.6% |
| XLK SS Technology Select Sector | 0.29% | 73,130 | $18.5M | Add +11.0% |
| CSCO Cisco Systems Inc. | 0.29% | 265,384 | $18.3M | Add +218.0% |
| DUHP Dimensional US High Profi Et | 0.29% | 511,341 | $18.2M | Add +9.0% |
| T AT&T Inc. | 0.28% | 609,840 | $17.5M | Add +486.6% |
| AMD Advanced Micro Devices | 0.27% | 121,793 | $17.3M | Add +153.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 138,209 | $17.1M | Add +245.4% |
| INTU Intuit Inc. | 0.26% | 21,139 | $16.6M | Add +122.4% |
| VZ Verizon Communications Inc. | 0.25% | 368,471 | $15.7M | Add +301.8% |
| UBER Uber Technologies Inc. | 0.24% | 163,890 | $15.3M | Add +132.3% |
| GSEW Goldman Sachs Eql WGHT Large | 0.24% | 186,114 | $15.2M | Reduce -3.1% |
| MU Micron Technology Inc. | 0.24% | 122,897 | $15.1M | Add +196.7% |
| ADBE Adobe Inc. | 0.24% | 38,437 | $14.9M | Add +199.2% |
| PFE Pfizer Inc. | 0.23% | 615,586 | $14.7M | Add +614.1% |
| IUSG iShares Core S&P U.S. Growth | 0.23% | 96,301 | $14.5M | Add +0.8% |
| GD General Dynamics Corp. | 0.22% | 48,901 | $14.2M | Add +953.0% |
| KO The Coca-Cola Co. | 0.22% | 196,531 | $13.9M | Add +97.9% |
| TIP iShares Tips Bond ETF | 0.22% | 126,854 | $13.9M | Add +11.4% |
| PG The Procter & Gamble Co. | 0.22% | 87,616 | $13.9M | Add +264.9% |
| JCPB JPMorgan Core Plus Bond ETF | 0.22% | 295,890 | $13.8M | Add +7.7% |
| MTBA Simplify MBS ETF | 0.22% | 274,362 | $13.7M | Add +193.3% |
| ISRG Intuitive Surgical Inc. | 0.22% | 25,097 | $13.6M | Add +126.8% |
| CRM Salesforce Inc. | 0.22% | 49,880 | $13.6M | Add +61.2% |
| AMGN Amgen Inc. | 0.21% | 48,494 | $13.5M | Add +220.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.21% | 123,631 | $13.4M | Add +344.4% |
| ABT Abbott Laboratories | 0.21% | 98,881 | $13.4M | Add +273.2% |
| GOOG Alphabet Inc. Class C | 0.21% | 74,330 | $13.2M | Add +510.7% |
| BKNG Booking Holdings Inc. | 0.21% | 2,251 | $13.0M | Add +285.4% |
| LGLV SPDR US LC Low Vol Idx | 0.20% | 73,961 | $12.9M | Add +76.8% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 256,861 | $11.7M | Add +400.0% |
| QCOM Qualcomm Inc. | 0.19% | 73,467 | $11.7M | Add +250.7% |
| MDT Medtronic PLC | 0.19% | 134,213 | $11.7M | Add +438.4% |
| PGR Progressive Corp. | 0.18% | 43,193 | $11.5M | Add +325.3% |
| GILD Gilead Sciences Inc. | 0.18% | 102,691 | $11.4M | Add +316.4% |
| MO Altria Group Inc. | 0.18% | 192,834 | $11.3M | Add +528.2% |
| LIN Linde PLC | 0.18% | 23,875 | $11.2M | Add +77.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.18% | 133,144 | $11.1M | Reduce -37.7% |
| USB US Bancorp | 0.17% | 242,203 | $11.0M | Add +704.0% |
| MCD McDonald's Corp. | 0.17% | 37,505 | $11.0M | Add +145.2% |
| TMUS T-Mobile US Inc. | 0.17% | 45,317 | $10.8M | Add +108.5% |
| IBKR Interactive Brokers Gro Class A | 0.17% | 193,789 | $10.7M | Add +166959.5% |
| PARAA Paramount Global Class B | 0.17% | 817,809 | $10.5M | Add +9232.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 222,932 | $10.5M | Add +73.5% |
| WFC Wells Fargo & Co. | 0.17% | 132,324 | $10.5M | Add +66.0% |
Options reported separately and not counted above: SPY puts ($615K), SPY calls ($369K), QQQ calls ($219K), FEZ calls ($149K), XLB calls ($110K), IWM calls ($108K), FEZ puts ($42K), USO puts ($26K), XLF calls ($21K), XLF puts ($21K), SLV calls ($7K), INTC calls ($3K).
Portfolio Sells Q1 2025 → Q2 2025
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -6.0% | 3.94% | −3.76 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -19.6% | 3.22% | −3.56 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.3% | 3.61% | −2.89 |
| SPEM State Street SP PTF Em ETF | Reduce -3.6% | 2.91% | −2.32 |
| IJR iShares Core S&P Small-Cap E | Reduce -68.9% | 0.39% | −1.88 |
| IJH iShares Core S&P Midcap ETF | Reduce -94.3% | 0.06% | −1.74 |
| VLUE iShares MSCI USA Value Facto | Sold out | 0.00% | −0.94 |
| IEMG iShares Core MSCI Emerging | Reduce -5.6% | 1.10% | −0.87 |
| SCHD Schwab US DVD Equity ETF | Reduce -18.5% | 0.38% | −0.55 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -26.4% | 0.35% | −0.53 |
| JMBS Janus Henderson Mortg Backed | Reduce -10.7% | 0.38% | −0.42 |
| EWJ iShares MSCI Japan ETF | Reduce -5.2% | 0.39% | −0.32 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -37.7% | 0.18% | −0.31 |
| BBEU JPMorgan Betabuilders Europe | Reduce -2.6% | 0.39% | −0.30 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.2% | 0.42% | −0.29 |
| MUB iShares National Muni Bond E | Reduce -46.0% | 0.09% | −0.23 |
| GSEW Goldman Sachs Eql WGHT Large | Reduce -3.1% | 0.24% | −0.19 |
| IVV iShares Core S&P 500 ETF | Reduce -50.2% | 0.08% | −0.18 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -79.0% | 0.03% | −0.17 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -96.5% | 0.00% | −0.15 |
| SPHY SS SPDR P High Yield ETF | Reduce -100.0% | 0.00% | −0.14 |
| XLF SS Financial Select Sector | Reduce -11.8% | 0.13% | −0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -62.5% | 0.03% | −0.11 |
| VOO Vanguard S&P 500 ETF | Reduce -54.7% | 0.04% | −0.11 |
| XLV SS Health Care Select Sector | Reduce -14.8% | 0.08% | −0.11 |
| HYBL SS Blackstone High Inc. ETF | Sold out | 0.00% | −0.10 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -7.3% | 0.09% | −0.10 |
| SGOV iShares 0-3 Month Treasury B | Reduce -21.0% | 0.07% | −0.09 |
| IBM Intl Business Machines Corp. | Reduce -6.7% | 0.12% | −0.09 |
| INTC Intel Corp. | Reduce -56.6% | 0.02% | −0.08 |
| WDAY Workday Inc. Class A | Reduce -50.4% | 0.03% | −0.08 |
| ADI Analog Devices Inc. | Reduce -35.0% | 0.05% | −0.07 |
| XLI SS Industrial Select Sector | Reduce -27.4% | 0.05% | −0.07 |
| BABA Alibaba Group Holding-SP ADR | Reduce -42.8% | 0.02% | −0.06 |
| PANW Palo Alto Networks Inc. | Reduce -8.5% | 0.08% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -20.0% | 0.07% | −0.06 |
| QLYS Qualys Inc. | Sold out | 0.00% | −0.06 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -47.4% | 0.02% | −0.05 |
| SAP Sap SE-Sponsored ADR | Reduce -14.2% | 0.05% | −0.05 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -3.6% | 0.05% | −0.05 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -1.5% | 0.06% | −0.04 |
| FTNT Fortinet Inc. | Reduce -29.7% | 0.03% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.4% | 0.05% | −0.04 |
| PAYC Paycom Software Inc. | Reduce -89.2% | 0.00% | −0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -24.5% | 0.06% | −0.04 |
| SMH Vaneck Semiconductor ETF | Reduce -96.1% | 0.00% | −0.04 |
| GDDY GoDaddy Inc. Class A | Reduce -7.5% | 0.03% | −0.03 |
| DELL Dell Technologies -C | Reduce -32.1% | 0.03% | −0.03 |
| XLE SS Energy Select Sector | Reduce -26.1% | 0.02% | −0.03 |
| CDNS Cadence Design SYS Inc. | Reduce -1.4% | 0.06% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +432.6% | 2.68% | +2.03 |
| MSFT Microsoft Corp. | Add +494.1% | 2.62% | +1.99 |
| META Meta Platforms Inc. Class A | Add +375.4% | 1.57% | +1.08 |
| AVGO Broadcom Inc. | Add +274.9% | 1.31% | +0.91 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +4158608.0% | 0.87% | +0.87 |
| AMZN Amazon.com Inc. | Add +336.4% | 1.39% | +0.87 |
| AAPL Apple Inc. | Add +371.6% | 1.50% | +0.85 |
| SRLN SS Blackstone Sr Loan ETF | Add +90213.1% | 0.78% | +0.78 |
| QUAL iShares MSCI USA Quality Fac | Add +1191.6% | 0.90% | +0.77 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1255.5% | 0.91% | +0.77 |
| GOOGL Alphabet Inc. Class A | Add +580.1% | 0.85% | +0.65 |
| MA Mastercard Inc. Class A | Add +1386.9% | 0.53% | +0.47 |
| BNDX Vanguard Total Intl Bond ETF | Add +235.2% | 0.94% | +0.42 |
| XLC SS Comm Select Sector SPDR | Add +566.4% | 0.50% | +0.37 |
| NFLX Netflix Inc. | Add +166.1% | 0.64% | +0.33 |
| JPM JPMorgan Chase & Co. | Add +360.1% | 0.46% | +0.30 |
| EMB iShares JP Morgan Usd Emergi | Add +416.0% | 0.46% | +0.30 |
| MRK Merck & Co. Inc. | Add +722.7% | 0.37% | +0.27 |
| JNJ Johnson & Johnson | Add +422.9% | 0.35% | +0.21 |
| PLTR Palantir Technologies Inc. Class A | Add +195.6% | 0.35% | +0.21 |
| T AT&T Inc. | Add +486.6% | 0.28% | +0.19 |
| GD General Dynamics Corp. | Add +953.0% | 0.22% | +0.19 |
| HD Home Depot Inc. | Add +372.3% | 0.31% | +0.19 |
| IBKR Interactive Brokers Gro Class A | Add +166959.5% | 0.17% | +0.17 |
| PM Philip Morris International | Add +263.3% | 0.31% | +0.17 |
| PFE Pfizer Inc. | Add +614.1% | 0.23% | +0.17 |
| PARAA Paramount Global Class B | Add +9232.5% | 0.17% | +0.16 |
| TSLA Tesla Inc. | Add +121.6% | 0.53% | +0.16 |
| TLT iShares 20+ Year Treasury BD | Add +163.9% | 0.61% | +0.16 |
| COST Costco Wholesale Corp. | Add +219.0% | 0.36% | +0.16 |
| DIS The Walt Disney Co. | Add +245.4% | 0.27% | +0.15 |
| GOOG Alphabet Inc. Class C | Add +510.7% | 0.21% | +0.15 |
| MTB M & T Bank Corp. | Add +1991.5% | 0.15% | +0.14 |
| JAZZ Jazz Pharmaceuticals PLC | Add +522737.5% | 0.14% | +0.14 |
| EQH Equitable Holdings Inc. | New | 0.14% | +0.14 |
| CSCO Cisco Systems Inc. | Add +218.0% | 0.29% | +0.14 |
| XOM Exxon Mobil Corp. | Add +255.1% | 0.33% | +0.14 |
| DLTR Dollar Tree Inc. | Add +3027.9% | 0.14% | +0.14 |
| USB US Bancorp | Add +704.0% | 0.17% | +0.14 |
| MU Micron Technology Inc. | Add +196.7% | 0.24% | +0.13 |
| NTRS Northern Trust Corp. | Add +2386.8% | 0.14% | +0.13 |
| RF Regions Financial Corp. | Add +2671.3% | 0.14% | +0.13 |
| WMT Walmart Inc. | Add +156.8% | 0.37% | +0.13 |
| VZ Verizon Communications Inc. | Add +301.8% | 0.25% | +0.13 |
| AMD Advanced Micro Devices | Add +153.1% | 0.27% | +0.13 |
| BKNG Booking Holdings Inc. | Add +285.4% | 0.21% | +0.13 |
| HAS Hasbro Inc. | Add +5605.6% | 0.13% | +0.13 |
| CF CF Industries Holdings Inc. | Add +3389.2% | 0.13% | +0.13 |
| EME Emcor Group Inc. | Add +148000.0% | 0.13% | +0.13 |
| TSN Tyson Foods Inc. Class A | Add +3527.6% | 0.13% | +0.12 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +100.0% | 1,000,000 | $615K |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 600,000 | $369K |
| QQQ Invesco QQQ Trust Series 1 | call | New | 400,000 | $219K |
| FEZ State Street SPDR Euro Stoxx | call | New | 2,500,000 | $149K |
| XLP SS Consumer Staples Sel Sect | call | Sold out | 1,600,000 | $129Kbefore exit |
| IWM iShares Russell 2000 ETF | call | New | 500,000 | $108K |
| FEZ State Street SPDR Euro Stoxx | put | New | 700,000 | $42K |
| USO United States Oil Fund LP | put | New | 350,000 | $26K |
| EWC iShares MSCI Canada ETF | put | Sold out | 625,000 | $25Kbefore exit |
| XLF SS Financial Select Sector | call | Reduce -75.0% | 400,000 | $21K |
| XLF SS Financial Select Sector | put | New | 400,000 | $21K |
| SLV iShares Silver Trust | call | Reduce -77.8% | 200,000 | $7K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,386 | $9.1B | SPYG, IDEV, NVDA, SPDW, AAPL |
| Q1 2026 | 1,391 | $8.9B | SPYG, IDEV, SPYV, NVDA, AAPL |
| Q4 2025 | 1,291 | $7.9B | SPYG, IDEV, NVDA, SPYV, SPDW |
| Q3 2025 | 1,163 | $7.6B | SPYG, IDEV, NVDA, MSFT, SPDW |
| Q2 2025 | 1,099 | $6.3B | SPYG, IDEV, SPYV, RSP, SPDW |
| Q1 2025 | 854 | $3.4B | SPYG, SPYV, IDEV, SPDW, RSP |
| Q4 2024 | 859 | $3.5B | SPYG, SPYV, SPDW, QUAL, SPEM |
| Q3 2024 | 831 | $3.8B | SPYG, QUAL, SPDW, SPEM, USMV |
| Q2 2024 | 818 | $3.6B | SPYG, QUAL, QQQ, SPDW, SPYV |
| Q1 2024 | 805 | $3.8B | SPYG, QUAL, SPYV, QQQ, SPDW |