Intellectus Partners, LLC

Name: Intellectus Partners, LLC 13F holdings, Q3 2025
Creator: Intellectus Partners, LLC
Published: 2025-11-12

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Intellectus Partners, LLC reported 275 stock positions worth $516.2 million. Its top holding was Tesla (TSLA) at 5.9% of the portfolio, followed by Amazon.com (AMZN, 4.2%) and Alphabet Class C (GOOG, 3.4%). Compared with Q2 2025, it opened 21 new positions, sold out of 15, added to 99 and reduced 107. The biggest buy was a new position in Scharf ETF (KAT) and the biggest sale Amazon.com (AMZN, shares −3%).

Most Recent 13F: Q2 2026
Location: SAN FRANCISCO, CA
CIK: 0001677253
Portfolio Value: $516.2M (Q3 2025)
SEC Filing: 0001951757-25-001400 ↗ filed Nov 12, 2025

Holdings Value

Holdings 275 stocks · $516.2M


TSLA Tesla Inc.	5.92%	68,756	$30.6M	Reduce -0.7%
AMZN Amazon.com Inc.	4.21%	99,053	$21.7M	Reduce -3.1%
GOOG Alphabet Inc. Class C	3.43%	72,623	$17.7M	Reduce -1.6%
META Meta Platforms Inc. Class A	2.72%	19,129	$14.0M	Add +5.3%
KAT Scharf ETF	2.63%	241,255	$13.6M	New
NVDA Nvidia Corp.	2.53%	70,011	$13.1M	Add +1.8%
MU Micron Technology Inc.	2.09%	64,431	$10.8M	Reduce -8.7%
PLTR Palantir Technologies Inc. Class A	2.05%	57,981	$10.6M	Reduce -7.1%
MSFT Microsoft Corp.	1.97%	19,615	$10.2M	Reduce -0.1%
FDD First Trust Stoxx Europe	1.95%	621,691	$10.0M	Reduce -1.7%
CCJ Cameco Corp.	1.41%	87,073	$7.3M	Reduce -7.9%
GBTC Grayscale Bitcoin Trust ETF	1.33%	76,541	$6.9M	Add +0.2%
GS Goldman Sachs Group Inc.	1.31%	8,517	$6.8M	Reduce -2.1%
JPM JPMorgan Chase & Co.	1.20%	19,587	$6.2M	Add +0.1%
GOOGL Alphabet Inc. Class A	1.19%	25,163	$6.1M	Reduce -0.3%
VTV Vanguard Mrngstr Val ETF-Aui	1.11%	30,516	$5.7M	Add +0.0%
VRNS Varonis Systems Inc.	1.09%	97,576	$5.6M	Reduce -3.0%
DSL Doubleline Income Solutions	1.03%	433,368	$5.3M	Reduce -2.0%
ACHR Archer Aviation Inc. Class A	0.99%	530,997	$5.1M	Reduce -13.3%
BABA Alibaba Group Holding-SP ADR	0.94%	27,028	$4.8M	Add +7.1%
KLAC KLA Corp.	0.93%	4,442	$4.8M	No change
AVAV Aerovironment Inc.	0.93%	15,165	$4.8M	Add +4.1%
DBL Doubleline Opport Credit	0.86%	284,605	$4.4M	Add +1.2%
AAPL Apple Inc.	0.85%	17,231	$4.4M	Reduce -4.6%
SNOW Snowflake Inc.	0.80%	18,390	$4.1M	Reduce -0.1%
HIMS Hims & Hers Health Inc.	0.75%	68,411	$3.9M	Add +12.1%
SHOP Shopify Inc. Class A	0.73%	25,394	$3.8M	Reduce -0.3%
ORCL Oracle Corp.	0.71%	13,122	$3.7M	Reduce -7.6%
BCX BlackRock Resources & Commod	0.70%	356,475	$3.6M	Add +2.4%
CORT Corcept Therapeutics Inc.	0.68%	42,051	$3.5M	Reduce -0.5%
LMT Lockheed Martin Corp.	0.66%	6,836	$3.4M	Reduce -8.2%
BRK.B Berkshire Hathaway Inc. Class B	0.64%	6,595	$3.3M	Reduce -1.4%
V Visa Inc. Class A	0.63%	9,588	$3.3M	Reduce -9.3%
RKLB Rocket Lab Corp.	0.63%	67,775	$3.2M	Reduce -21.3%
QCOM Qualcomm Inc.	0.61%	18,795	$3.1M	Reduce -0.7%
BX Blackstone Inc.	0.59%	17,760	$3.0M	Reduce -3.0%
VYM Vanguard High DVD Yield ETF	0.58%	21,350	$3.0M	No change
DAL Delta Air Lines Inc.	0.57%	52,018	$3.0M	Reduce -3.8%
CSCO Cisco Systems Inc.	0.57%	42,837	$2.9M	Reduce -0.2%
BBN BlackRock Taxable Muni BND	0.56%	174,277	$2.9M	Reduce -1.1%
RSP Invesco S&P 500 Equal Weight	0.56%	15,207	$2.9M	Add +1.7%
DB Deutsche Bank AG-Registered	0.56%	81,432	$2.9M	Reduce -0.4%
FCX Freeport-McMoran Inc.	0.55%	72,618	$2.8M	Reduce -2.5%
NFLX Netflix Inc.	0.55%	2,374	$2.8M	Reduce -11.9%
GLD SPDR Gold Shares	0.55%	7,978	$2.8M	Reduce -10.4%
UBER Uber Technologies Inc.	0.54%	28,509	$2.8M	Add +1.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.53%	23,868	$2.7M	Add +0.0%
ABCL Abcellera Biologics Inc.	0.53%	543,133	$2.7M	Reduce -0.9%
ISRG Intuitive Surgical Inc.	0.52%	6,055	$2.7M	Add +33.2%
MBLY Mobileye Global Inc. Class A	0.52%	190,548	$2.7M	Add +3.8%
XLE SS Energy Select Sector	0.52%	30,036	$2.7M	Add +6.7%
PANW Palo Alto Networks Inc.	0.51%	12,965	$2.6M	Add +82.5%
CAT Caterpillar Inc.	0.51%	5,496	$2.6M	Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.50%	8,724	$2.6M	Add +0.1%
NEM Newmont Corp.	0.49%	30,145	$2.5M	Reduce -17.3%
ARCC Ares Capital Corp.	0.49%	123,158	$2.5M	Add +5.3%
AVGO Broadcom Inc.	0.47%	7,380	$2.4M	Add +1.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.46%	46,505	$2.4M	Reduce -8.6%
AXP American Express Co.	0.46%	7,185	$2.4M	Reduce -0.0%
ADBE Adobe Inc.	0.45%	6,537	$2.3M	Add +11.9%
WMT Walmart Inc.	0.44%	22,003	$2.3M	Reduce -2.3%
OBDC Blue Owl Capital Corp.	0.44%	170,957	$2.2M	Reduce -1.4%
SOXX iShares Semiconductor ETF	0.43%	8,099	$2.2M	Add +1.4%
SLV iShares Silver Trust	0.42%	50,735	$2.1M	Reduce -9.4%
LRCX Lam Research Corp.	0.41%	15,633	$2.1M	Reduce -0.3%
COIN Coinbase Global Inc. Class A	0.40%	6,150	$2.1M	Add +3.2%
TREE Lendingtree Inc.	0.40%	31,750	$2.1M	Reduce -5.9%
ETHE Grayscale Ethereum Staking E	0.40%	59,825	$2.1M	No change
ABNB Airbnb Inc. Class A	0.39%	16,785	$2.0M	Reduce -10.9%
ET Energy Transfer LP	0.37%	112,702	$1.9M	Reduce -4.6%
XNEAX Nuveen Amt-FR QLTY Muni Inc.	0.37%	168,509	$1.9M	Add +10.7%
HUBS HubSpot Inc.	0.37%	4,062	$1.9M	Reduce -22.5%
IBB iShares Biotechnology ETF	0.37%	13,145	$1.9M	Add +0.4%
JNJ Johnson & Johnson	0.36%	10,061	$1.9M	Add +1.2%
BIDU Baidu Inc. - Spon ADR	0.36%	13,911	$1.8M	Reduce -21.3%
PEP Pepsico Inc.	0.35%	13,015	$1.8M	Reduce -0.8%
HON Honeywell International Inc.	0.35%	8,658	$1.8M	Add +48.1%
XLF SS Financial Select Sector	0.33%	31,920	$1.7M	Reduce -0.6%
AMD Advanced Micro Devices	0.32%	10,329	$1.7M	Reduce -2.5%
USMV iShares MSCI USA Min Vol Fac	0.32%	17,509	$1.7M	Add +0.2%
CSX CSX Corp.	0.32%	46,205	$1.6M	Add +0.1%
LHX L3HARRIS Technologies Inc.	0.32%	5,350	$1.6M	Reduce -0.5%
SBUX Starbucks Corp.	0.31%	19,066	$1.6M	Add +3.4%
UNP Union Pacific Corp.	0.31%	6,798	$1.6M	Add +20.9%
TTE Totalenergies SE -Spon ADR	0.31%	25,992	$1.6M	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.30%	2,348	$1.6M	No change
HD Home Depot Inc.	0.30%	3,851	$1.6M	Add +0.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.30%	5,506	$1.6M	Add +81.6%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.30%	7,382	$1.5M	Add +1.3%
REGN Regeneron Pharmaceuticals	0.30%	2,743	$1.5M	Add +3.5%
MA Mastercard Inc. Class A	0.29%	2,670	$1.5M	No change
NTLA Intellia Therapeutics Inc.	0.29%	86,975	$1.5M	Add +1.2%
FOUR SHIFT4 Payments Inc. Class A	0.28%	18,739	$1.5M	Add +0.6%
GBIL Goldman Sachs Access Treasur	0.28%	14,333	$1.4M	Reduce -18.8%
ABBV Abbvie Inc.	0.28%	6,139	$1.4M	Add +0.0%
LULU Lululemon Athletica Inc.	0.27%	7,915	$1.4M	Add +8.1%
AMAT Applied Materials Inc.	0.27%	6,878	$1.4M	Add +1.7%
XMYDX BlackRock Muniyield Fund	0.27%	132,500	$1.4M	Add +2.3%
MMM 3M Co.	0.27%	8,985	$1.4M	Reduce -0.6%
ENVX Enovix Corp.	0.27%	138,586	$1.4M	Add +33.9%
PYPL PayPal Holdings Inc.	0.27%	20,484	$1.4M	Reduce -34.6%
DKS Dick's Sporting Goods Inc.	0.26%	6,085	$1.4M	No change
ANET Arista Networks Inc.	0.26%	9,093	$1.3M	Reduce -2.7%
WDAY Workday Inc. Class A	0.25%	5,465	$1.3M	Reduce -13.8%
FSK FS KKR Capital Corp.	0.25%	83,861	$1.3M	Add +5.4%
ZTS Zoetis Inc.	0.25%	8,931	$1.3M	Add +30.4%
PFE Pfizer Inc.	0.25%	51,042	$1.3M	Reduce -9.8%
UPST Upstart Holdings Inc.	0.25%	25,450	$1.3M	Add +241.1%
VRT Vertiv Holdings Co. Class A	0.24%	8,375	$1.3M	No change
NUVB Nuvation Bio Inc.	0.24%	331,805	$1.2M	Add +0.6%
ACN Accenture PLC Class A	0.24%	4,944	$1.2M	Add +95.3%
GILD Gilead Sciences Inc.	0.23%	10,904	$1.2M	No change
ABT Abbott Laboratories	0.23%	8,894	$1.2M	Reduce -0.5%
RTX RTX Corp.	0.22%	6,914	$1.2M	Add +0.0%
LLY Eli Lilly & Co.	0.22%	1,506	$1.1M	Add +6.1%
NKE Nike Inc. Class B	0.22%	16,359	$1.1M	Add +0.6%
GIS General Mills Inc.	0.22%	22,267	$1.1M	Add +7.7%
MCHI iShares MSCI China ETF	0.21%	16,820	$1.1M	Reduce -8.2%
HSY The Hershey Co.	0.21%	5,862	$1.1M	Add +138.0%
IGV iShares Expanded Tech-Softwa	0.21%	9,404	$1.1M	No change
VUG Vanguard Mrngstar GR ETF-Sui	0.21%	2,245	$1.1M	No change
MDB Mongodb Inc.	0.21%	3,465	$1.1M	Reduce -17.3%
CMI Cummins Inc.	0.21%	2,535	$1.1M	Add +0.1%
AON Aon PLC Class A	0.20%	2,956	$1.1M	Add +4.0%
PCAR Paccar Inc.	0.20%	10,682	$1.1M	Add +0.1%
NOW ServiceNow Inc.	0.20%	1,131	$1.0M	Reduce -3.5%
QQQ Invesco QQQ Trust Series 1	0.20%	1,725	$1.0M	Reduce -0.9%
XBI SS SPDR S&P Biotech ETF	0.20%	10,314	$1.0M	Reduce -14.9%
NLY Annaly Capital Management Inc.	0.20%	49,324	$1.0M	Add +0.5%
ILMN Illumina Inc.	0.20%	10,855	$1.0M	Reduce -19.6%
SNPS Synopsys Inc.	0.20%	2,077	$1.0M	New
MCK McKesson Corp.	0.20%	1,320	$1.0M	Reduce -44.6%
MCD McDonald's Corp.	0.19%	3,239	$984K	Add +0.1%
IWM iShares Russell 2000 ETF	0.19%	4,053	$981K	Reduce -28.8%
KMB Kimberly-Clark Corp.	0.19%	7,743	$973K	Add +1.0%
UPS United Parcel Service Class B	0.18%	11,118	$929K	Add +10.7%
PCOR Procore Technologies Inc.	0.18%	12,505	$912K	Add +1.6%
AMGN Amgen Inc.	0.18%	3,224	$910K	Add +226.3%
XLV SS Health Care Select Sector	0.17%	6,491	$903K	Add +9.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.17%	6,232	$901K	Reduce -3.9%
TGT Target Corp.	0.17%	9,952	$893K	Add +3.2%
DBA Invesco DB Agriculture Fund	0.17%	33,345	$892K	No change
VNQ Vanguard Real Estate ETF	0.17%	9,725	$889K	Reduce -5.8%
ELV Elevance Health Inc.	0.17%	2,751	$889K	Reduce -24.9%
EMB iShares JP Morgan Usd Emergi	0.17%	9,275	$883K	Reduce -12.0%
MSCI MSCI Inc.	0.17%	1,546	$877K	Add +0.1%
ENPH Enphase Energy Inc.	0.17%	24,742	$876K	Add +34.5%
ITW Illinois Tool Works	0.17%	3,336	$875K	Add +0.1%
BMY Bristol-Myers Squibb Co.	0.17%	19,180	$865K	Reduce -27.0%
C Citigroup Inc.	0.16%	8,361	$849K	No change
ASML ASML Holding NV-NY Reg SHS	0.16%	871	$843K	Add +23.4%
FGD First Trust DJ GL Sel DVD	0.16%	29,285	$842K	Add +0.3%
SRTA Strata Critical Medical Inc.	0.16%	165,550	$838K	Reduce -6.2%
OXY Occidental Petroleum Corp.	0.16%	17,451	$829K	Reduce -7.8%
EBAY eBay Inc.	0.16%	9,115	$829K	Add +5.1%
CFLT Confluent Inc. Class A	0.16%	41,200	$816K	Reduce -29.5%
BTC Grayscale Bitcoin Mini ETF	0.16%	15,954	$808K	No change
IDXX Idexx Laboratories Inc.	0.16%	1,261	$806K	Add +7.7%
MRK Merck & Co. Inc.	0.16%	9,485	$804K	Add +8.7%
SYY Sysco Corp.	0.15%	9,579	$789K	Add +0.1%
DD Dupont DE Nemours Inc.	0.15%	10,089	$786K	Reduce -9.0%
FSLR First Solar Inc.	0.15%	3,550	$783K	No change
MO Altria Group Inc.	0.15%	11,559	$776K	Add +0.4%
TBLA Taboola.com Ltd.	0.15%	224,668	$766K	Reduce -24.0%
NOC Northrop Grumman Corp.	0.15%	1,250	$762K	Reduce -7.4%
NBIS Nebius Group NV	0.14%	6,600	$741K	Reduce -65.6%
UNH Unitedhealth Group Inc.	0.14%	2,143	$740K	New
GRAB Grab Holdings Ltd. Class A	0.14%	121,050	$729K	Reduce -2.0%
FBTC Fidelity Wise Origin Bitcoin	0.14%	7,200	$719K	Add +1.4%
SPOT Spotify Technology SA	0.14%	1,013	$707K	Reduce -0.3%
EOG EOG Resources Inc.	0.14%	6,279	$704K	Add +2.6%
NVO Novo-Nordisk A/S-Spons ADR	0.14%	12,592	$699K	Add +15.7%
PAGS Pagseguro Digital Ltd. Class A	0.14%	69,854	$699K	Reduce -3.4%
BN Brookfield Corp.	0.13%	10,096	$691K	No change
XYZ Block Inc.	0.13%	9,340	$675K	Reduce -28.2%
BITB Bitwise Bitcoin ETF	0.13%	10,700	$666K	Reduce -0.9%
HYS PIMCO 0-5 Year H/Y Corp. Bond	0.13%	6,936	$664K	Add +0.2%
INTC Intel Corp.	0.13%	19,491	$654K	Add +1.6%
AR Antero Resources Corp.	0.12%	19,200	$644K	No change
CART Maplebear Inc.	0.12%	17,500	$643K	Reduce -12.5%
PG The Procter & Gamble Co.	0.12%	4,131	$635K	New
CL Colgate-Palmolive Co.	0.12%	7,728	$618K	New
LOW Lowe's Cos Inc.	0.12%	2,439	$613K	Add +0.1%
GVIP Gold Sachs Hedge Ind Vip ETF	0.12%	3,919	$601K	No change
CIBR First Trust Nasdaq Cybersecu	0.12%	7,860	$597K	No change
GRID First TRST Nasd Class Edg Sgiif	0.12%	3,947	$596K	Add +0.1%
NVS Novartis AG-Sponsored ADR	0.11%	4,538	$582K	No change
MKL Markel Group Inc.	0.11%	295	$564K	Reduce -16.4%
CRWD CrowdStrike Holdings Inc. Class A	0.11%	1,138	$558K	Reduce -4.2%
VLO Valero Energy Corp.	0.11%	3,232	$550K	Reduce -72.3%
EXE Expand Energy Corp.	0.10%	5,079	$540K	Add +0.1%
CSGP Costar Group Inc.	0.10%	6,384	$539K	Add +7.8%
FISV Fiserv Inc.	0.10%	4,156	$536K	No change
VGK Vanguard Ftse Europe ETF	0.10%	6,640	$530K	No change
LAB Standard Biotools Inc.	0.10%	404,702	$526K	No change
EEM iShares MSCI Emerging Market	0.10%	9,827	$525K	No change
GE General Electric filed as GE AEROSPACE	0.10%	1,724	$519K	Reduce -17.8%
BSX Boston Scientific Corp.	0.10%	5,020	$490K	New
FPF First TR Interm Dur & Inc.	0.09%	25,521	$489K	Reduce -0.7%
DHR Danaher Corp.	0.09%	2,425	$482K	Add +29.3%
CME Cme Group Inc.	0.09%	1,769	$478K	Add +0.2%
PAYC Paycom Software Inc.	0.09%	2,255	$469K	Add +0.0%
FNV Franco-Nevada Corp.	0.09%	2,098	$468K	Add +36.5%
VSAT Viasat Inc.	0.09%	15,900	$466K	Reduce -60.1%
BKNG Booking Holdings Inc.	0.09%	86	$464K	No change
MOS The Mosaic Co.	0.09%	13,000	$451K	Add +19.3%
INTU Intuit Inc.	0.09%	660	$451K	New
JOBY Joby Aviation Inc.	0.09%	27,850	$449K	Reduce -19.3%
MUC BlackRock Munihold Ca QLTY	0.09%	40,614	$443K	Reduce -2.5%
XLI SS Industrial Select Sector	0.08%	2,754	$425K	No change
NXPI NXP Semiconductors NV	0.08%	1,807	$413K	Add +0.9%
BIL SS SPDR BB 1-3M T-Bill ETF	0.08%	4,500	$413K	Reduce -64.6%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.08%	25,540	$409K	Add +49.9%
LNC Lincoln National Corp.	0.08%	9,751	$393K	Reduce -29.5%
SQQQ Proshares TR	0.07%	25,000	$381K	New
T AT&T Inc.	0.07%	13,306	$376K	Reduce -1.9%
APA Apa Corp.	0.07%	15,300	$371K	Reduce -7.5%
RH RH	0.07%	1,810	$368K	No change
CRSP Crispr Therapeutics AG	0.07%	5,645	$366K	Reduce -3.4%
SNN Smith & Nephew PLC -Spon ADR	0.07%	9,903	$359K	No change
TSN Tyson Foods Inc. Class A	0.07%	6,609	$359K	Reduce -23.2%
CNC Centene Corp.	0.07%	9,912	$354K	No change
DOCU Docusign Inc.	0.07%	4,827	$348K	No change
COST Costco Wholesale Corp.	0.07%	375	$347K	Add +0.3%
CMCSA Comcast Corp. Class A	0.07%	10,800	$339K	No change
ZM Zoom Communications Inc.	0.06%	4,010	$331K	Reduce -47.0%
DBC Invesco DB Commodity Index T	0.06%	14,450	$326K	Reduce -29.3%
IOT Samsara Inc. Class A	0.06%	8,529	$318K	New
XPCQX PIMCO California Muni Inc. FD	0.06%	36,072	$316K	New
AFRM Affirm Holdings Inc.	0.06%	4,250	$311K	New
IVV iShares Core S&P 500 ETF	0.06%	463	$310K	No change
INDA iShares MSCI India ETF	0.06%	5,872	$306K	No change
UHAL U-Haul Holding Co.	0.06%	5,340	$305K	No change
ZS Zscaler Inc.	0.06%	1,011	$303K	No change
GEV GE Vernova Inc.	0.06%	482	$296K	Reduce -6.0%
RNG Ringcentral Inc. Class A	0.06%	10,400	$295K	Reduce -37.2%
RLAY Relay Therapeutics Inc.	0.06%	56,425	$295K	Reduce -8.1%
CB Chubb Ltd.	0.06%	1,043	$294K	New
TTAN Servicetitan Inc. Class A	0.06%	2,900	$292K	New
OTIS Otis Worldwide Corp.	0.06%	3,182	$291K	New
CRM Salesforce Inc.	0.06%	1,220	$290K	Reduce -4.8%
NAC Nuveen Ca QLTY Muni Inc.	0.06%	25,000	$289K	No change
BMNR Bitmine Immersion Technologi	0.06%	5,550	$288K	New
CMPS Compass Pathways PLC	0.06%	50,000	$287K	Add +395.1%
IOVA Iovance Biotherapeutics Inc.	0.06%	131,062	$284K	No change
VDE Vanguard Energy ETF	0.05%	2,230	$281K	Add +0.4%
A Agilent Technologies Inc.	0.05%	2,172	$279K	New
TLT iShares 20+ Year Treasury BD	0.05%	3,044	$272K	Reduce -24.6%
SPLV Invesco S&P 500 Low Volatili	0.05%	3,544	$260K	Add +0.1%
EMR Emerson Electric Co.	0.05%	1,982	$260K	No change
DCI Donaldson Co. Inc.	0.05%	3,130	$256K	Add +0.1%
EFA iShares MSCI Eafe ETF	0.05%	2,724	$254K	Add +0.3%
BLDR Builders Firstsource Inc.	0.05%	2,000	$243K	No change
Z Zillow Group Inc. Class C	0.05%	3,023	$233K	No change
AMLP Alerian MLP ETF	0.04%	4,906	$230K	Add +1.1%
AAON Aaon Inc.	0.04%	2,451	$229K	New
FDX FedEx Corp.	0.04%	960	$228K	No change
CWST Casella Waste Systems Inc. Class A	0.04%	2,395	$227K	No change
ROAD Construction Partners Inc. Class A	0.04%	1,785	$227K	Reduce -21.5%
TMO Thermo Fisher Scientific Inc.	0.04%	457	$222K	Reduce -76.5%
EDIV State Street SPDR S&P Emergi	0.04%	5,718	$222K	Add +0.5%
DSGX The Descartes Systems Grp	0.04%	2,315	$218K	No change
GRAL Grail Inc.	0.04%	3,515	$208K	New
RBC RBC Bearings Inc.	0.04%	530	$207K	No change
VWO Vanguard Ftse Emerging Marke	0.04%	3,796	$206K	New
ARM Arm Holdings PLC-ADR	0.04%	1,449	$205K	Reduce -8.3%
ESE Esco Technologies Inc.	0.04%	970	$205K	New
KBWY Invesco KBW Premium Yield Eq	0.04%	12,700	$203K	No change
BA The Boeing Co.	0.04%	927	$200K	New
STNE Stoneco Ltd. Class A	0.04%	10,500	$199K	Reduce -37.6%
KYN Kayne Anderson Energy Infra	0.03%	13,250	$164K	No change
PL Planet Labs PBC	0.03%	12,500	$162K	Reduce -51.0%
CCC CCC Intelligent Solutions Ho	0.02%	12,400	$113K	No change
SNAP Snap Inc. Class A	0.02%	10,400	$80K	Add +0.2%
PLUG Plug Power Inc.	0.01%	13,900	$32K	No change

Other holdings (4): bonds, preferreds, convertibles and warrants · $9K (not counted above)

Security	Class	Shares / Principal	Value	Change
NUVB.WS Nuvation Bio Inc. -CW27	*W EXP 02/10/202	26,396	$5K	Add +17.9%
TBLAW Taboola.com Ltd. -CW27	*W EXP 99/99/999	38,500	$3K	No change
MNTSW Momentus Inc.-CW26	*W EXP 08/12/202	34,954	$860	No change
BKSYW Blacksky Technology -CW24	*W EXP 09/09/202	35,994	$0	No change

Total filed on the 13F, all lines: $516.2M.

Portfolio Sells Q2 2025 → Q3 2025


AMZN Amazon.com Inc.	Reduce -3.1%	4.21%	−0.64
ACHR Archer Aviation Inc. Class A	Reduce -13.3%	0.99%	−0.45
HUBS HubSpot Inc.	Reduce -22.5%	0.37%	−0.26
PYPL PayPal Holdings Inc.	Reduce -34.6%	0.27%	−0.24
VLO Valero Energy Corp.	Reduce -72.3%	0.11%	−0.23
NFLX Netflix Inc.	Reduce -11.9%	0.55%	−0.23
URI United Rentals Inc.	Sold out	0.00%	−0.20
FDD First Trust Stoxx Europe	Reduce -1.7%	1.95%	−0.18
MCK McKesson Corp.	Reduce -44.6%	0.20%	−0.18
V Visa Inc. Class A	Reduce -9.3%	0.63%	−0.18
BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -64.6%	0.08%	−0.17
CAH Cardinal Health Inc.	Sold out	0.00%	−0.16
CFLT Confluent Inc. Class A	Reduce -29.5%	0.16%	−0.16
MSFT Microsoft Corp.	Reduce -0.1%	1.97%	−0.15
FCX Freeport-McMoran Inc.	Reduce -2.5%	0.55%	−0.15
ABNB Airbnb Inc. Class A	Reduce -10.9%	0.39%	−0.15
DSL Doubleline Income Solutions	Reduce -2.0%	1.03%	−0.14
ELV Elevance Health Inc.	Reduce -24.9%	0.17%	−0.14
TMO Thermo Fisher Scientific Inc.	Reduce -76.5%	0.04%	−0.13
OBDC Blue Owl Capital Corp.	Reduce -1.4%	0.44%	−0.12
CCJ Cameco Corp.	Reduce -7.9%	1.41%	−0.11
GBIL Goldman Sachs Access Treasur	Reduce -18.8%	0.28%	−0.10
APD Air Products & Chemicals Inc.	Sold out	0.00%	−0.10
BMY Bristol-Myers Squibb Co.	Reduce -27.0%	0.17%	−0.10
IT Gartner Inc.	Sold out	0.00%	−0.09
ET Energy Transfer LP	Reduce -4.6%	0.37%	−0.09
SNOW Snowflake Inc.	Reduce -0.1%	0.80%	−0.09
NBIS Nebius Group NV	Reduce -65.6%	0.14%	−0.09
TBLA Taboola.com Ltd.	Reduce -24.0%	0.15%	−0.09
LMT Lockheed Martin Corp.	Reduce -8.2%	0.66%	−0.09
ILMN Illumina Inc.	Reduce -19.6%	0.20%	−0.08
CSCO Cisco Systems Inc.	Reduce -0.2%	0.57%	−0.08
IWM iShares Russell 2000 ETF	Reduce -28.8%	0.19%	−0.08
WDAY Workday Inc. Class A	Reduce -13.8%	0.25%	−0.07
GSAT Globalstar Inc.	Sold out	0.00%	−0.07
CART Maplebear Inc.	Reduce -12.5%	0.12%	−0.07
XPZCX PIMCO California Muni FD III	Sold out	0.00%	−0.07
ZM Zoom Communications Inc.	Reduce -47.0%	0.06%	−0.06
BRK.B Berkshire Hathaway Inc. Class B	Reduce -1.4%	0.64%	−0.06
XYZ Block Inc.	Reduce -28.2%	0.13%	−0.06
SLB SLB Ltd.	Sold out	0.00%	−0.06
NOW ServiceNow Inc.	Reduce -3.5%	0.20%	−0.06
BAC Bank of America Corp.	Reduce -8.6%	0.46%	−0.06
BBN BlackRock Taxable Muni BND	Reduce -1.1%	0.56%	−0.05
EPD Enterprise Products Partners	Sold out	0.00%	−0.05
QCOM Qualcomm Inc.	Reduce -0.7%	0.61%	−0.05
MBB iShares MBS ETF	Sold out	0.00%	−0.05
PFE Pfizer Inc.	Reduce -9.8%	0.25%	−0.05
RNG Ringcentral Inc. Class A	Reduce -37.2%	0.06%	−0.04
EXPO Exponent Inc.	Sold out	0.00%	−0.04

Portfolio Buys Q2 2025 → Q3 2025


KAT Scharf ETF	New	2.63%	+2.63
BABA Alibaba Group Holding-SP ADR	Add +7.1%	0.94%	+0.30
SNPS Synopsys Inc.	New	0.20%	+0.20
PANW Palo Alto Networks Inc.	Add +82.5%	0.51%	+0.20
NVDA Nvidia Corp.	Add +1.8%	2.53%	+0.18
UPST Upstart Holdings Inc.	Add +241.1%	0.25%	+0.15
UNH Unitedhealth Group Inc.	New	0.14%	+0.14
HSY The Hershey Co.	Add +138.0%	0.21%	+0.12
PG The Procter & Gamble Co.	New	0.12%	+0.12
CL Colgate-Palmolive Co.	New	0.12%	+0.12
AMGN Amgen Inc.	Add +226.3%	0.18%	+0.12
NTLA Intellia Therapeutics Inc.	Add +1.2%	0.29%	+0.12
IBM Intl Business Machines Corp.	Add +81.6%	0.30%	+0.11
NUVB Nuvation Bio Inc.	Add +0.6%	0.24%	+0.10
BSX Boston Scientific Corp.	New	0.10%	+0.10
HIMS Hims & Hers Health Inc.	Add +12.1%	0.75%	+0.09
INTU Intuit Inc.	New	0.09%	+0.09
SQQQ Proshares TR	New	0.07%	+0.07
ACN Accenture PLC Class A	Add +95.3%	0.24%	+0.07
IOT Samsara Inc. Class A	New	0.06%	+0.06
XPCQX PIMCO California Muni Inc. FD	New	0.06%	+0.06
AFRM Affirm Holdings Inc.	New	0.06%	+0.06
HON Honeywell International Inc.	Add +48.1%	0.35%	+0.06
CB Chubb Ltd.	New	0.06%	+0.06
TTAN Servicetitan Inc. Class A	New	0.06%	+0.06
OTIS Otis Worldwide Corp.	New	0.06%	+0.06
BMNR Bitmine Immersion Technologi	New	0.06%	+0.06
A Agilent Technologies Inc.	New	0.05%	+0.05
CMPS Compass Pathways PLC	Add +395.1%	0.06%	+0.05
CAT Caterpillar Inc.	Add +0.1%	0.51%	+0.05
AAON Aaon Inc.	New	0.04%	+0.04
ASML ASML Holding NV-NY Reg SHS	Add +23.4%	0.16%	+0.04
GRAL Grail Inc.	New	0.04%	+0.04
VWO Vanguard Ftse Emerging Marke	New	0.04%	+0.04
ESE Esco Technologies Inc.	New	0.04%	+0.04
AVGO Broadcom Inc.	Add +1.9%	0.47%	+0.04
BA The Boeing Co.	New	0.04%	+0.04
FNV Franco-Nevada Corp.	Add +36.5%	0.09%	+0.04
ENVX Enovix Corp.	Add +33.9%	0.27%	+0.04
INTC Intel Corp.	Add +1.6%	0.13%	+0.03
JNJ Johnson & Johnson	Add +1.2%	0.36%	+0.03
UNP Union Pacific Corp.	Add +20.9%	0.31%	+0.03
ABBV Abbvie Inc.	Add +0.0%	0.28%	+0.03
NU Nu Holdings Ltd./Cayman Isl-A	Add +49.9%	0.08%	+0.03
CMI Cummins Inc.	Add +0.1%	0.21%	+0.03
AVAV Aerovironment Inc.	Add +4.1%	0.93%	+0.03
ZTS Zoetis Inc.	Add +30.4%	0.25%	+0.02
EBAY eBay Inc.	Add +5.1%	0.16%	+0.02
IDXX Idexx Laboratories Inc.	Add +7.7%	0.16%	+0.02
DHR Danaher Corp.	Add +29.3%	0.09%	+0.01

Notes & Other Activity Q2 2025 → Q3 2025


AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	Sold out	335	$325Kbefore exit
GREENBRIER COS INC (GBX 2.875 04/15/28)	NOTE 2.875% 4/1 · principal	Sold out	272	$290Kbefore exit
LCI INDUSTRIES (LCII 1.125 05/15/26)	NOTE 1.125% 5/1 · principal	Sold out	292	$281Kbefore exit
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27)	NOTE 1.250% 5/1 · principal	Sold out	289	$272Kbefore exit
FORD MOTOR COMPANY (F 0 03/15/26)	NOTE 3/1 · principal	Sold out	229	$226Kbefore exit
NUVB.WS Nuvation Bio Inc. -CW27	*W EXP 02/10/202	Add +17.9%	26,396	$5K
PXSAW Pyxis Tankers Inc. -CW25	*W EXP 10/13/202	Sold out	24,000	$482before 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	309	$576.7M	TSLA, MU, AMZN, GOOG, NVDA
Q1 2026	287	$489.9M	TSLA, AMZN, GOOG, META, NVDA
Q4 2025	281	$517.3M	TSLA, AMZN, GOOG, META, MU
Q3 2025	275	$516.2M	TSLA, AMZN, GOOG, META, KAT
Q2 2025	269	$461.7M	AMZN, TSLA, META, GOOG, NVDA
Q1 2025	268	$404.0M	AMZN, TSLA, GOOG, META, FDD
Q4 2024	272	$450.2M	TSLA, META, AMZN, GOOG, NVDA
Q3 2024	264	$389.6M	TSLA, AMZN, GOOG, META, MSFT
Q2 2024	258	$364.8M	AMZN, TSLA, GOOG, META, NVDA
Q1 2024	258	$378.6M	AMZN, TSLA, GOOG, META, MSFT