Horizon Investments, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Horizon Investments, LLC reported 1,391 stock positions worth $8.9 billion. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 7.0% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 3.8%) and SS SPDR P S&P 500 Value ETF (SPYV, 3.4%). Compared with Q4 2025, it opened 210 new positions, sold out of 111, added to 836 and reduced 344. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +2947%) and the biggest sale SS Blackstone Sr Loan ETF (SRLN, shares −100%).

Most Recent 13F
Q2 2026
Location
Charlotte, NC
CIK
0001560717
Portfolio Value
$8.9B (Q1 2026)
SEC Filing
0001560717-26-000007 ↗ filed May 15, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $3.8B Q1 2024 Q2 2024: $3.6B Q2 2024 Q3 2024: $3.8B Q3 2024 Q4 2024: $3.5B Q4 2024 Q1 2025: $3.4B Q1 2025 Q2 2025: $6.3B Q2 2025 Q3 2025: $7.6B Q3 2025 Q4 2025: $7.9B Q4 2025 Q1 2026: $8.9B $8.9B Q1 2026 Q2 2026: $9.1B Q2 2026

Holdings 1,391 stocks · $8.9B

SPYG SS SPDR P S&P 500 Growth ETF 7.01% 6,388,843 $625.5M Add +18.6%
IDEV iShares Core MSCI Dev MKTS 3.81% 4,064,751 $339.7M Add +5.4%
SPYV SS SPDR P S&P 500 Value ETF 3.38% 5,332,176 $301.7M Add +37.8%
NVDA Nvidia Corp. 2.85% 1,457,794 $254.2M Add +9.0%
AAPL Apple Inc. 2.46% 866,987 $219.8M Add +42.0%
SPDW Ste STR SPDR PT DW Eu ETF 2.44% 4,774,505 $218.0M Reduce -0.7%
SPEM State Street SP PTF Em ETF 2.16% 4,103,234 $192.5M Add +1.9%
BIL SS SPDR BB 1-3M T-Bill ETF 2.15% 2,106,472 $191.9M Add +2946.7%
SPAB SS SPDR P Agg Bond ETF 2.06% 7,169,907 $183.7M Add +1.2%
MSFT Microsoft Corp. 1.83% 440,743 $163.1M Add +6.8%
RSP Invesco S&P 500 Equal Weight 1.69% 787,644 $151.2M Add +0.1%
GOOGL Alphabet Inc. Class A 1.56% 484,257 $139.3M Reduce -4.5%
MAGS Roundhill Magnificent Seven 1.47% 2,261,818 $131.0M Add +6.2%
USMV iShares MSCI USA Min Vol Fac 1.35% 1,303,499 $120.9M Add +9.4%
VIG Vanguard Dividend Apprec ETF 1.06% 439,388 $94.5M Add +237.9%
DFAE Dimensional Emerging Core Eq 1.05% 2,777,922 $94.1M Add +107.2%
AMZN Amazon.com Inc. 1.02% 438,151 $91.3M Add +13.8%
AVGO Broadcom Inc. 1.01% 292,327 $90.5M Reduce -20.3%
PYLD PIMCO Multisector Bond Actv 0.92% 3,146,064 $81.7M Add +34.1%
VEA Vanguard Ftse Developed ETF 0.87% 1,211,578 $77.6M Add +107.9%
IEMG iShares Core MSCI Emerging 0.87% 1,110,229 $77.4M Add +5.7%
META Meta Platforms Inc. Class A 0.84% 130,906 $74.9M Add +24.6%
XOM Exxon Mobil Corp. 0.75% 392,624 $66.6M Add +9.1%
IJR iShares Core S&P Small-Cap E 0.73% 521,012 $64.8M Add +108.2%
BRK.B Berkshire Hathaway Inc. Class B 0.69% 129,143 $61.9M Add +22.4%
QUAL iShares MSCI USA Quality Fac 0.69% 319,994 $61.4M Add +5.4%
XLK SS Technology Select Sector 0.68% 459,258 $61.0M Add +133.1%
JNJ Johnson & Johnson 0.68% 248,327 $60.7M Add +9.2%
FBND Fidelity Total Bond ETF 0.65% 1,274,360 $57.9M Add +119.1%
DGRO iShares Core Dividend Growth 0.64% 814,939 $57.2M Add +1.8%
IGIB iShares 5-10Y Inv Grade Corp. 0.64% 1,079,666 $57.0M Reduce -0.0%
AVDV Avantis Intl S/C Value ETF 0.59% 527,553 $52.7M Reduce -11.1%
AGG iShares Core U.S. Aggregate 0.58% 529,396 $52.2M Add +113.8%
LLY Eli Lilly & Co. 0.55% 53,382 $49.1M Reduce -3.3%
JCPB JPMorgan Core Plus Bond ETF 0.52% 988,340 $46.2M Add +119.9%
CVX Chevron Corp. 0.49% 209,204 $43.3M Add +9.8%
MU Micron Technology Inc. 0.44% 117,009 $39.5M Reduce -23.9%
WMT Walmart Inc. 0.43% 311,492 $38.6M Add +8.4%
JPM JPMorgan Chase & Co. 0.43% 131,354 $38.4M Add +5.0%
IUSG iShares Core S&P U.S. Growth 0.41% 237,052 $36.8M Add +117.0%
TSLA Tesla Inc. 0.40% 96,691 $35.9M Add +14.0%
IGLB iShares 10+ Year Inv GR Corp. 0.40% 722,529 $35.5M Add +39.5%
COST Costco Wholesale Corp. 0.40% 35,622 $35.4M Add +27.7%
BNDX Vanguard Total Intl Bond ETF 0.38% 712,410 $34.1M Add +0.2%
PLTR Palantir Technologies Inc. Class A 0.38% 230,312 $33.7M Add +34.5%
MRK Merck & Co. Inc. 0.37% 277,662 $33.4M Add +7.2%
PG The Procter & Gamble Co. 0.37% 228,679 $32.8M Add +13.9%
KBWB Invesco KBW Bank ETF 0.36% 405,129 $32.1M Add +2.0%
XLC SS Comm Select Sector SPDR 0.36% 288,986 $32.0M Add +7.1%
IEFA iShares Core MSCI Eafe ETF 0.33% 325,166 $29.4M Add +171.7%
AMAT Applied Materials Inc. 0.32% 82,320 $28.1M Reduce -0.2%
V Visa Inc. Class A 0.31% 92,228 $27.8M Add +15.9%
MA Mastercard Inc. Class A 0.30% 54,047 $27.0M Add +11.7%
GOOG Alphabet Inc. Class C 0.30% 93,673 $26.9M Add +16.7%
SPHY SS SPDR P High Yield ETF 0.30% 1,586,460 $26.8M Add +2.8%
TOTL SS Doubleline TR Tact ETF 0.30% 677,572 $26.7M Reduce -20.1%
LRCX Lam Research Corp. 0.29% 121,136 $25.9M Add +1.1%
NFLX Netflix Inc. 0.29% 266,728 $25.6M Reduce -1.8%
AMD Advanced Micro Devices 0.29% 125,418 $25.5M Add +69.4%
EWJ iShares MSCI Japan ETF 0.28% 291,595 $24.6M Add +2.0%
KO The Coca-Cola Co. 0.27% 322,227 $24.5M Add +13.4%
BBEU JPMorgan Betabuilders Europe 0.27% 338,169 $24.5M Add +1.5%
ADI Analog Devices Inc. 0.26% 73,798 $23.5M Add +64.1%
KRE SS SPDR S&P Regional Bank 0.26% 359,670 $23.4M Add +2.0%
NEM Newmont Corp. 0.26% 215,119 $23.3M Reduce -4.3%
WMB Williams Cos Inc. 0.25% 309,295 $22.5M Add +61.9%
PM Philip Morris International 0.25% 136,138 $22.5M Add +23.0%
T AT&T Inc. 0.25% 781,961 $22.4M Add +9.6%
LGLV SPDR US LC Low Vol Idx 0.24% 121,394 $21.6M Add +52.6%
HD Home Depot Inc. 0.24% 65,727 $21.6M Add +3.6%
GEV GE Vernova Inc. 0.24% 24,650 $21.5M Add +2.6%
LIN Linde PLC 0.24% 43,176 $21.4M Add +63.8%
MCD McDonald's Corp. 0.23% 66,373 $20.6M Add +16.8%
COP Conocophillips 0.23% 155,946 $20.4M Add +28.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.23% 281,856 $20.2M Add +108.5%
TMUS T-Mobile US Inc. 0.22% 94,095 $19.8M Add +29.9%
GILD Gilead Sciences Inc. 0.22% 141,760 $19.8M Add +7.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.22% 123,559 $19.7M Add +13.9%
AR Antero Resources Corp. 0.22% 462,253 $19.6M Add +24.6%
ABBV Abbvie Inc. 0.22% 89,420 $19.3M Reduce -36.0%
JMBS Janus Henderson Mortg Backed 0.21% 419,377 $18.9M Reduce -23.9%
APD Air Products & Chemicals Inc. 0.21% 64,942 $18.7M Add +289.4%
ORCL Oracle Corp. 0.21% 127,651 $18.7M Reduce -6.7%
PEP Pepsico Inc. 0.20% 117,082 $18.2M Add +32.8%
FCX Freeport-McMoran Inc. 0.20% 307,705 $18.0M Add +12.6%
GD General Dynamics Corp. 0.20% 51,098 $17.5M Add +17.9%
JPIE JPMorgan Income ETF 0.19% 375,016 $17.1M Add +117.2%
XLV SS Health Care Select Sector 0.19% 115,322 $16.9M Add +106.0%
IVV iShares Core S&P 500 ETF 0.18% 25,066 $16.4M Add +95.2%
CAT Caterpillar Inc. 0.18% 22,860 $16.2M Add +3.1%
MUB iShares National Muni Bond E 0.18% 150,604 $15.9M Add +133.0%
XLF SS Financial Select Sector 0.18% 321,962 $15.9M Add +81.8%
TIP iShares Tips Bond ETF 0.18% 144,641 $15.9M Add +8.3%
FTI Technipfmc PLC 0.18% 228,095 $15.8M Reduce -5.7%
USB US Bancorp 0.17% 293,363 $15.3M Add +14.1%
ANET Arista Networks Inc. 0.17% 124,017 $15.2M Add +26.3%
CRM Salesforce Inc. 0.17% 80,907 $15.1M Add +42.5%
USHY iShares Broad Usd High Yield 0.17% 409,410 $14.9M Add +224.0%
PMBS PIMCO MBS Active ETF 0.17% 302,415 $14.9M New
MTBA Simplify MBS ETF 0.17% 301,338 $14.8M Add +6.5%

Show all 1,391 holdings

Options reported separately and not counted above: SPY puts ($520K), SPY calls ($114K), XLP puts ($82K), USO puts ($76K), KRE calls ($49K), MAGS calls ($43K), EEM calls ($28K), LQD puts ($27K), TLT calls ($22K), SLV puts ($17K), SLV calls ($11K), XLU calls ($7K), and 1 more.

Portfolio Sells Q4 2025 → Q1 2026

SRLN SS Blackstone Sr Loan ETF Reduce -100.0% 0.00% −0.61
AVGO Broadcom Inc. Reduce -20.3% 1.01% −0.59
EWY iShares MSCI South Korea ETF Reduce -100.0% 0.00% −0.47
GOOGL Alphabet Inc. Class A Reduce -4.5% 1.56% −0.45
SPSB SS SPDR P St C Corp. ETF Reduce -100.0% 0.00% −0.29
HYLB Xtrackers Usd High Yield Cor Reduce -99.7% 0.00% −0.28
SPDW Ste STR SPDR PT DW Eu ETF Reduce -0.7% 2.44% −0.26
BAC Bank of America Corp. Reduce -52.7% 0.14% −0.24
TLT iShares 20+ Year Treasury BD Reduce -57.0% 0.14% −0.23
EMB iShares JP Morgan Usd Emergi Reduce -50.8% 0.16% −0.22
ANGL Vaneck Fallen Angel High YLD Reduce -99.8% 0.00% −0.20
LLY Eli Lilly & Co. Reduce -3.3% 0.55% −0.20
ABBV Abbvie Inc. Reduce -36.0% 0.22% −0.18
TSM Taiwan Semiconductor-SP ADR Reduce -58.1% 0.12% −0.17
FIX Comfort Systems USA Inc. Reduce -80.0% 0.05% −0.15
BKNG Booking Holdings Inc. Reduce -27.7% 0.00% −0.14
EWT iShares MSCI Taiwan ETF Reduce -100.0% 0.00% −0.14
ALB Albemarle Corp. Reduce -97.3% 0.00% −0.14
TOTL SS Doubleline TR Tact ETF Reduce -20.1% 0.30% −0.13
ORCL Oracle Corp. Reduce -6.7% 0.21% −0.13
AXP American Express Co. Reduce -42.4% 0.09% −0.12
CIEN Ciena Corp. Reduce -78.5% 0.05% −0.12
AVDV Avantis Intl S/C Value ETF Reduce -11.1% 0.59% −0.12
MU Micron Technology Inc. Reduce -23.9% 0.44% −0.11
JMBS Janus Henderson Mortg Backed Reduce -23.9% 0.21% −0.11
CSCO Cisco Systems Inc. Reduce -35.2% 0.14% −0.10
BXP BXP Inc. Reduce -98.0% 0.00% −0.10
ISRG Intuitive Surgical Inc. Reduce -23.0% 0.13% −0.10
VUG Vanguard Mrngstar GR ETF-Sui Reduce -28.0% 0.01% −0.10
NLY Annaly Capital Management Inc. Reduce -97.8% 0.00% −0.10
IGIB iShares 5-10Y Inv Grade Corp. Reduce -0.0% 0.64% −0.10
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -46.0% 0.09% −0.10
SF Stifel Financial Corp. Reduce -96.7% 0.00% −0.10
AES AES Corp. Reduce -97.6% 0.00% −0.10
QCOM Qualcomm Inc. Reduce -15.5% 0.12% −0.09
HBAN Huntington Bancshares Inc. Reduce -94.2% 0.00% −0.09
CWB SS SPDR BB Conv Sec ETF Sold out 0.00% −0.08
GS Goldman Sachs Group Inc. Reduce -39.8% 0.09% −0.08
PFF iShares Preferred & Income S Reduce -98.5% 0.00% −0.08
IFF Intl Flavors & Fragrances Reduce -95.4% 0.00% −0.08
NTRS Northern Trust Corp. Reduce -75.1% 0.02% −0.08
LAMR Lamar Advertising Co. Class A Sold out 0.00% −0.07
FLEX Flex Ltd. Reduce -97.8% 0.00% −0.07
DY Dycom Industries Inc. Reduce -96.3% 0.00% −0.07
INTU Intuit Inc. Reduce -15.7% 0.06% −0.07
BSX Boston Scientific Corp. Reduce -41.8% 0.03% −0.07
SGI Somnigroup International Inc. Reduce -94.7% 0.00% −0.07
CART Maplebear Inc. Sold out 0.00% −0.07
STT State Street Corp. Reduce -52.9% 0.05% −0.07
AYI Acuity Inc. Reduce -63.5% 0.02% −0.06

Portfolio Buys Q4 2025 → Q1 2026

BIL SS SPDR BB 1-3M T-Bill ETF Add +2946.7% 2.15% +2.07
VIG Vanguard Dividend Apprec ETF Add +237.9% 1.06% +0.70
SPYV SS SPDR P S&P 500 Value ETF Add +37.8% 3.38% +0.60
DFAE Dimensional Emerging Core Eq Add +107.2% 1.05% +0.50
VEA Vanguard Ftse Developed ETF Add +107.9% 0.87% +0.41
AAPL Apple Inc. Add +42.0% 2.46% +0.36
IJR iShares Core S&P Small-Cap E Add +108.2% 0.73% +0.34
XLK SS Technology Select Sector Add +133.1% 0.68% +0.32
FBND Fidelity Total Bond ETF Add +119.1% 0.65% +0.31
AGG iShares Core U.S. Aggregate Add +113.8% 0.58% +0.27
JCPB JPMorgan Core Plus Bond ETF Add +119.9% 0.52% +0.25
XOM Exxon Mobil Corp. Add +9.1% 0.75% +0.20
IEFA iShares Core MSCI Eafe ETF Add +171.7% 0.33% +0.19
IUSG iShares Core S&P U.S. Growth Add +117.0% 0.41% +0.18
PMBS PIMCO MBS Active ETF New 0.17% +0.17
LVHI Franklin International Low V New 0.17% +0.17
APD Air Products & Chemicals Inc. Add +289.4% 0.21% +0.16
CASY Casey's General Stores Inc. Add +1759.3% 0.16% +0.15
WWD Woodward Inc. Add +4301.5% 0.13% +0.12
PYLD PIMCO Multisector Bond Actv Add +34.1% 0.92% +0.12
CVX Chevron Corp. Add +9.8% 0.49% +0.12
OVV Ovintiv Inc. Add +4185.2% 0.11% +0.11
ADI Analog Devices Inc. Add +64.1% 0.26% +0.11
USHY iShares Broad Usd High Yield Add +224.0% 0.17% +0.11
WMB Williams Cos Inc. Add +61.9% 0.25% +0.11
LIN Linde PLC Add +63.8% 0.24% +0.10
COST Costco Wholesale Corp. Add +27.7% 0.40% +0.09
RGA Reinsurance Group of America Add +2623.3% 0.10% +0.09
SNX TD Synnex Corp. New 0.09% +0.09
KMB Kimberly-Clark Corp. Add +601.9% 0.11% +0.09
JPIE JPMorgan Income ETF Add +117.2% 0.19% +0.09
MUB iShares National Muni Bond E Add +133.0% 0.18% +0.09
MCHP Microchip Technology Inc. Add +1417.0% 0.10% +0.09
J Jacobs Solutions Inc. Add +3133.3% 0.09% +0.09
AMD Advanced Micro Devices Add +69.4% 0.29% +0.09
COP Conocophillips Add +28.2% 0.23% +0.08
BMY Bristol-Myers Squibb Co. Add +106.8% 0.16% +0.08
LMT Lockheed Martin Corp. Add +160.6% 0.13% +0.08
JNJ Johnson & Johnson Add +9.2% 0.68% +0.08
NVT Nvent Electric PLC Add +1806.8% 0.09% +0.08
XLV SS Health Care Select Sector Add +106.0% 0.19% +0.08
MKC McCormick & Co.-Non VTG SHRS Add +1262.0% 0.09% +0.08
JBHT Hunt (jb) Transprt SVCS Inc. Add +215.7% 0.11% +0.07
CLH Clean Harbors Inc. Add +2062.1% 0.08% +0.07
IVV iShares Core S&P 500 ETF Add +95.2% 0.18% +0.07
SGOV iShares 0-3 Month Treasury B Add +110.2% 0.15% +0.07
GGG Graco Inc. Add +1971.3% 0.08% +0.07
DAR Darling Ingredients Inc. New 0.07% +0.07
IGLB iShares 10+ Year Inv GR Corp. Add +39.5% 0.40% +0.07
MMM 3M Co. Add +240.4% 0.11% +0.07

Options Activity Q4 2025 → Q1 2026

SPY SS SPDR S&P 500 ETF Trust-US put New 800,000 $520K
SPY SS SPDR S&P 500 ETF Trust-US call Reduce -84.8% 175,000 $114K
XLP SS Consumer Staples Sel Sect put New 1,000,000 $82K
USO United States Oil Fund LP put New 600,000 $76K
IWM iShares Russell 2000 ETF call Sold out 175,000 $57Kbefore exit
KRE SS SPDR S&P Regional Bank call New 750,000 $49K
TLT iShares 20+ Year Treasury BD put Sold out 250,000 $44Kbefore exit
MAGS Roundhill Magnificent Seven call New 750,000 $43K
EEM iShares MSCI Emerging Market call Reduce -24.0% 500,000 $28K
LQD Ishr Ibx Usd Invgd CB ETF-Ui put New 250,000 $27K
XLE SS Energy Select Sector put Sold out 400,000 $23Kbefore exit
TLT iShares 20+ Year Treasury BD call New 250,000 $22K
SLV iShares Silver Trust put New 250,000 $17K
EWZ iShares MSCI Brazil ETF call Sold out 250,000 $14Kbefore exit
SLV iShares Silver Trust call New 168,700 $11K
XLU St Sr Utl SL SE SPDR ETF-Usd call New 150,000 $7K
KWEB Kranesh Csi China Internet call New 150,000 $4K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,386$9.1BSPYG, IDEV, NVDA, SPDW, AAPL
Q1 2026 1,391$8.9BSPYG, IDEV, SPYV, NVDA, AAPL
Q4 2025 1,291$7.9BSPYG, IDEV, NVDA, SPYV, SPDW
Q3 2025 1,163$7.6BSPYG, IDEV, NVDA, MSFT, SPDW
Q2 2025 1,099$6.3BSPYG, IDEV, SPYV, RSP, SPDW
Q1 2025 854$3.4BSPYG, SPYV, IDEV, SPDW, RSP
Q4 2024 859$3.5BSPYG, SPYV, SPDW, QUAL, SPEM
Q3 2024 831$3.8BSPYG, QUAL, SPDW, SPEM, USMV
Q2 2024 818$3.6BSPYG, QUAL, QQQ, SPDW, SPYV
Q1 2024 805$3.8BSPYG, QUAL, SPYV, QQQ, SPDW