Integrated Capital Management, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), Integrated Capital Management, Inc. reported 56 stock positions worth $150.4 million. Its top holding was Avantis US Large Cap Value (AVLV) at 13.2% of the portfolio, followed by iShares MSCI Eafe Value ETF (EFV, 12.9%) and Invesco Optimum Yield Divers (PDBC, 8.6%). Compared with Q4 2025, it opened 1 new position, sold out of 5, added to 18 and reduced 36. The biggest buy was SS SPDR N Ice Muni Bond ETF (TFI, shares +57%) and the biggest sale iShares MSCI Eafe Value ETF (EFV, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- JESSUP, PA
- CIK
- 0001608826
- Portfolio Value
- $150.4M (Q1 2026)
- SEC Filing
- 0001608826-26-000006 ↗ filed May 7, 2026
Holdings Value
Holdings 56 stocks · $150.4M
| AVLV Avantis US Large Cap Value | 13.21% | 246,536 | $19.9M | Reduce -5.1% |
| EFV iShares MSCI Eafe Value ETF | 12.87% | 260,346 | $19.4M | Reduce -7.8% |
| PDBC Invesco Optimum Yield Divers | 8.55% | 742,616 | $12.9M | Reduce -3.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 6.05% | 199,317 | $9.1M | Reduce -6.2% |
| VIG Vanguard Dividend Apprec ETF | 5.98% | 41,812 | $9.0M | Reduce -3.4% |
| SPTS SS SPDR P St Term TSY ETF | 5.09% | 262,376 | $7.7M | Add +1.9% |
| EMLC Vaneck JPM Em Local Curr BND | 4.53% | 271,291 | $6.8M | Reduce -0.5% |
| SPTI SS SPDR P Int Term TSY ETF | 4.50% | 236,042 | $6.8M | Reduce -1.8% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 4.42% | 84,091 | $6.6M | Reduce -4.4% |
| SPTB SS SPDR P Treasury ETF | 4.37% | 217,248 | $6.6M | Reduce -1.2% |
| DMBS Doubleline Mortgage ETF | 3.95% | 120,380 | $5.9M | Reduce -1.9% |
| MFEM PIMCO Rafi Dynamic Multi-Fac filed as PIMCO EQUITY SER | 3.78% | 227,511 | $5.7M | Reduce -5.6% |
| DFSV Dimensional US Small Cap Val | 3.13% | 134,316 | $4.7M | Add +15.0% |
| JQUA JPMorgan US Quality Factor | 2.77% | 67,905 | $4.2M | Reduce -4.7% |
| TFI SS SPDR N Ice Muni Bond ETF | 2.08% | 68,871 | $3.1M | Add +56.6% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.91% | 109,078 | $2.9M | Reduce -0.4% |
| SPIB SS SPDR P Int C Corp. ETF | 1.81% | 81,137 | $2.7M | Reduce -2.8% |
| IWF iShares Russell 1000 Growth | 1.46% | 5,165 | $2.2M | Reduce -4.3% |
| USFR Wisdomtree Floating Rate Tre | 1.04% | 31,187 | $1.6M | Add +0.9% |
| VEA Vanguard Ftse Developed ETF | 0.82% | 19,143 | $1.2M | Add +1.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.61% | 16,207 | $917K | Reduce -2.3% |
| FREL Fidelity MSCI RL Est Indx | 0.56% | 31,264 | $841K | Reduce -3.8% |
| PML PIMCO Municipal Income FD II | 0.40% | 79,086 | $599K | Add +21.7% |
| XSSPX Nuveen S&P 500 Dynam Overwr | 0.37% | 34,434 | $553K | Add +47.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.35% | 1,658 | $532K | Add +1.5% |
| BBN BlackRock Taxable Muni BND | 0.31% | 28,764 | $465K | Add +36.1% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.28% | 30,946 | $423K | New |
| BTT BlackRock 2030 Muni TRGT TRM | 0.28% | 18,321 | $416K | Reduce -14.3% |
| ETW Eaton Vance T/M GLBL Buy-WR | 0.27% | 46,968 | $412K | Add +1.9% |
| PHK PIMCO High Income Fund | 0.26% | 84,342 | $391K | Add +1.9% |
| MSFT Microsoft Corp. | 0.22% | 900 | $333K | No change |
| MMU Western Asset Managed Munici | 0.21% | 30,479 | $313K | Reduce -4.0% |
| MHD BlackRock Muniholdings Fund | 0.20% | 27,264 | $308K | Add +15.6% |
| ZTR Virtus Total Return Fund Inc. | 0.20% | 46,330 | $307K | Add +6.6% |
| BRW Saba Capital Income & Opport | 0.20% | 44,648 | $301K | Add +12.9% |
| STEW SRH Total Return Fund Inc. | 0.19% | 16,710 | $286K | Reduce -19.1% |
| XBOEX BlackRock Enh GLBL DVD TR | 0.18% | 24,911 | $273K | Add +0.3% |
| LEO BNY Mellon Strategic Muni | 0.18% | 43,383 | $273K | Reduce -3.9% |
| MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI | 0.18% | 17,747 | $264K | Add +3.1% |
| XFFCX Flaherty & Crumrine Pref Inc. | 0.17% | 16,961 | $263K | Reduce -9.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 427 | $246K | Add +0.2% |
| NCV Virtus Convertible & Income | 0.16% | 16,256 | $242K | Reduce -5.1% |
| NBH Neuberger Municipal Fund Inc. | 0.16% | 23,386 | $237K | Reduce -5.5% |
| ETB Eaton Vance T/M Buy-WRT Inc. | 0.14% | 14,739 | $213K | Reduce -15.6% |
| DHY UBS Asset Management High Yi filed as CREDIT SUISSE HIGH YIELD CRE | 0.14% | 109,203 | $207K | Reduce -12.2% |
| PMO Franklin Muncipl Opps Tst-Ui | 0.14% | 20,076 | $207K | Reduce -12.4% |
| DHF BNYM High Yield Strategies filed as BNY MELLON HIGH YIELD STRATE | 0.14% | 84,710 | $207K | Reduce -14.6% |
| AEF Abrdn Emerging Markets Ex CH | 0.14% | 28,058 | $205K | Reduce -16.9% |
| DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD | 0.13% | 33,251 | $200K | Reduce -13.8% |
| NCZ Virtus Convertible & Income | 0.13% | 14,543 | $195K | Reduce -9.8% |
| CEFZ Rivernorth Active Income ETF | 0.13% | 24,745 | $194K | Add +2.3% |
| HFRO Highland Opport & Income | 0.13% | 33,966 | $194K | Reduce -13.7% |
| DMO Western Asset Mort Def Opp | 0.13% | 17,566 | $189K | Reduce -0.6% |
| MFM Aberdeen Municipal Income | 0.08% | 21,432 | $116K | Reduce -11.3% |
| GDL GDL Fund | 0.08% | 13,831 | $115K | Reduce -10.5% |
| VLT Invesco High Income Trust II | 0.07% | 10,852 | $110K | Reduce -9.7% |
Portfolio Sells Q4 2025 → Q1 2026
| EFV iShares MSCI Eafe Value ETF | Reduce -7.8% | 12.87% | −0.53 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -4.4% | 4.42% | −0.40 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.4% | 5.98% | −0.35 |
| IWF iShares Russell 1000 Growth | Reduce -4.3% | 1.46% | −0.23 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -6.2% | 6.05% | −0.23 |
| JQUA JPMorgan US Quality Factor | Reduce -4.7% | 2.77% | −0.22 |
| XMYDX BlackRock Muniyield Fund | Sold out | 0.00% | −0.20 |
| BLE BlackRock Muni Inc. TR II | Sold out | 0.00% | −0.19 |
| BFK BlackRock Municipal Inc. TRST | Sold out | 0.00% | −0.19 |
| DIAX Nuveen Dow 30 Dynamic Overwr | Sold out | 0.00% | −0.18 |
| XMVFX BlackRock Munivest Fund | Sold out | 0.00% | −0.16 |
| EMLC Vaneck JPM Em Local Curr BND | Reduce -0.5% | 4.53% | −0.15 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -1.8% | 4.50% | −0.11 |
| DMBS Doubleline Mortgage ETF | Reduce -1.9% | 3.95% | −0.10 |
| SPTB SS SPDR P Treasury ETF | Reduce -1.2% | 4.37% | −0.08 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -2.8% | 1.81% | −0.07 |
| STEW SRH Total Return Fund Inc. | Reduce -19.1% | 0.19% | −0.06 |
| BTT BlackRock 2030 Muni TRGT TRM | Reduce -14.3% | 0.28% | −0.05 |
| ETB Eaton Vance T/M Buy-WRT Inc. | Reduce -15.6% | 0.14% | −0.04 |
| XFFCX Flaherty & Crumrine Pref Inc. | Reduce -9.4% | 0.17% | −0.03 |
| DHY UBS Asset Management High Yi | Reduce -12.2% | 0.14% | −0.03 |
| HFRO Highland Opport & Income | Reduce -13.7% | 0.13% | −0.03 |
| DHF BNYM High Yield Strategies | Reduce -14.6% | 0.14% | −0.03 |
| PMO Franklin Muncipl Opps Tst-Ui | Reduce -12.4% | 0.14% | −0.03 |
| DSM BNYM Strat Muni BND | Reduce -13.8% | 0.13% | −0.03 |
| FREL Fidelity MSCI RL Est Indx | Reduce -3.8% | 0.56% | −0.02 |
| AEF Abrdn Emerging Markets Ex CH | Reduce -16.9% | 0.14% | −0.02 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -0.4% | 1.91% | −0.02 |
| NCZ Virtus Convertible & Income | Reduce -9.8% | 0.13% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -2.3% | 0.61% | −0.02 |
| VLT Invesco High Income Trust II | Reduce -9.7% | 0.07% | −0.02 |
| MMU Western Asset Managed Munici | Reduce -4.0% | 0.21% | −0.01 |
| NCV Virtus Convertible & Income | Reduce -5.1% | 0.16% | −0.01 |
| GDL GDL Fund | Reduce -10.5% | 0.08% | −0.01 |
| MFM Aberdeen Municipal Income | Reduce -11.3% | 0.08% | −0.01 |
| LEO BNY Mellon Strategic Muni | Reduce -3.9% | 0.18% | −0.01 |
| NBH Neuberger Municipal Fund Inc. | Reduce -5.5% | 0.16% | −0.01 |
| DMO Western Asset Mort Def Opp | Reduce -0.6% | 0.13% | −0.00 |
| MFEM PIMCO Rafi Dynamic Multi-Fac | Reduce -5.6% | 3.78% | +0.08 |
| AVLV Avantis US Large Cap Value | Reduce -5.1% | 13.21% | +0.13 |
| PDBC Invesco Optimum Yield Divers | Reduce -3.7% | 8.55% | +1.76 |
Portfolio Buys Q4 2025 → Q1 2026
| TFI SS SPDR N Ice Muni Bond ETF | Add +56.6% | 2.08% | +0.74 |
| DFSV Dimensional US Small Cap Val | Add +15.0% | 3.13% | +0.57 |
| ETV Eaton Vance T/M Buy-Writ Opp | New | 0.28% | +0.28 |
| XSSPX Nuveen S&P 500 Dynam Overwr | Add +47.8% | 0.37% | +0.10 |
| BBN BlackRock Taxable Muni BND | Add +36.1% | 0.31% | +0.08 |
| SPTS SS SPDR P St Term TSY ETF | Add +1.9% | 5.09% | +0.08 |
| PML PIMCO Municipal Income FD II | Add +21.7% | 0.40% | +0.07 |
| VEA Vanguard Ftse Developed ETF | Add +1.5% | 0.82% | +0.03 |
| ZTR Virtus Total Return Fund Inc. | Add +6.6% | 0.20% | +0.02 |
| MHD BlackRock Muniholdings Fund | Add +15.6% | 0.20% | +0.02 |
| BRW Saba Capital Income & Opport | Add +12.9% | 0.20% | +0.02 |
| USFR Wisdomtree Floating Rate Tre | Add +0.9% | 1.04% | +0.01 |
| MMD Nylim Mackay Definedterm Mun | Add +3.1% | 0.18% | +0.01 |
| CEFZ Rivernorth Active Income ETF | Add +2.3% | 0.13% | −0.00 |
| PHK PIMCO High Income Fund | Add +1.9% | 0.26% | −0.01 |
| ETW Eaton Vance T/M GLBL Buy-WR | Add +1.9% | 0.27% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 0.16% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.5% | 0.35% | −0.01 |
| XBOEX BlackRock Enh GLBL DVD TR | Add +0.3% | 0.18% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 57 | $143.3M | AVLV, EFV, VIG, SPDW, SPTM |
| Q1 2026 | 56 | $150.4M | AVLV, EFV, PDBC, SPDW, VIG |
| Q4 2025 | 60 | $150.4M | EFV, AVLV, PDBC, VIG, SPDW |
| Q3 2025 | 59 | $143.5M | AVLV, EFV, PDBC, VIG, SPDW |
| Q2 2025 | 71 | $131.4M | AVLV, SPDW, VIG, PDBC, SPTS |
| Q1 2025 | 70 | $125.7M | AVLV, PDBC, VIG, SPDW, SPTS |
| Q4 2024 | 73 | $126.6M | AVLV, VIG, PDBC, SPDW, SPTS |
| Q3 2024 | 74 | $129.5M | AVLV, VIG, SPDW, PDBC, SPTS |
| Q2 2024 | 79 | $125.3M | AVLV, VIG, SPDW, PDBC, SPTS |
| Q1 2024 | 79 | $122.3M | AVLV, VIG, SPDW, PDBC, SPTS |