Iron Gate Global Advisors LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Iron Gate Global Advisors LLC reported 100 stock positions worth $976.6 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 9.8% of the portfolio, followed by Amazon.com (AMZN, 9.1%) and Alphabet Class C (GOOG, 8.1%). Compared with Q3 2025, it opened 6 new positions, sold out of 9, added to 33 and reduced 43. The biggest buy was Air Products & Chemicals (APD, shares +72%) and the biggest sale Netflix (NFLX, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- NSL, UT
- CIK
- 0001131181
- Portfolio Value
- $976.6M (Q4 2025)
- SEC Filing
- 0001131181-26-000001 ↗ filed Feb 17, 2026
Holdings Value
Holdings 100 stocks · $976.6M
| BRK.B Berkshire Hathaway Inc. Class B | 9.81% | 190,510 | $95.8M | Add +0.2% |
| AMZN Amazon.com Inc. | 9.10% | 384,948 | $88.9M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 8.15% | 253,587 | $79.6M | Reduce -5.8% |
| META Meta Platforms Inc. Class A | 7.76% | 114,755 | $75.7M | Add +0.1% |
| AAPL Apple Inc. | 7.74% | 277,868 | $75.5M | Reduce -7.7% |
| NVDA Nvidia Corp. | 7.65% | 400,371 | $74.7M | Reduce -2.0% |
| AXP American Express Co. | 6.21% | 164,011 | $60.7M | Reduce -11.4% |
| MSFT Microsoft Corp. | 5.71% | 115,242 | $55.7M | Reduce -0.6% |
| ICSH iShares Ultra Short Duration | 5.26% | 1,014,919 | $51.3M | Add +20.4% |
| UBER Uber Technologies Inc. | 3.80% | 453,976 | $37.1M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 3.17% | 99,017 | $31.0M | Reduce -6.8% |
| RTX RTX Corp. | 2.89% | 153,688 | $28.2M | Reduce -4.5% |
| APD Air Products & Chemicals Inc. | 2.66% | 105,054 | $26.0M | Add +71.9% |
| V Visa Inc. Class A | 2.51% | 69,839 | $24.5M | Reduce -0.8% |
| HSY The Hershey Co. | 2.23% | 119,482 | $21.7M | Reduce -1.9% |
| NFLX Netflix Inc. | 1.98% | 206,192 | $19.3M | Reduce -2.1% |
| VYM Vanguard High DVD Yield ETF | 1.66% | 112,933 | $16.2M | Add +10.7% |
| PLTR Palantir Technologies Inc. Class A | 1.59% | 87,531 | $15.6M | Reduce -2.7% |
| PANW Palo Alto Networks Inc. | 1.56% | 82,717 | $15.2M | Reduce -1.5% |
| JNJ Johnson & Johnson | 1.44% | 68,110 | $14.1M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.54% | 7,668 | $5.2M | Reduce -3.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.51% | 14,748 | $4.9M | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.49% | 7,748 | $4.8M | Add +5.0% |
| WMT Walmart Inc. | 0.39% | 34,474 | $3.8M | Reduce -4.0% |
| TSLA Tesla Inc. | 0.33% | 7,225 | $3.2M | Add +0.1% |
| CAT Caterpillar Inc. | 0.26% | 4,474 | $2.6M | Reduce -0.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 5,237 | $2.6M | Add +15.9% |
| ETN Eaton Corp. PLC | 0.20% | 6,063 | $1.9M | Add +0.0% |
| VGSH Vanguard Short-Term Treasury | 0.19% | 32,045 | $1.9M | Add +38.4% |
| PG The Procter & Gamble Co. | 0.19% | 12,859 | $1.8M | Reduce -6.2% |
| CATY Cathay General Bancorp | 0.15% | 31,125 | $1.5M | No change |
| COST Costco Wholesale Corp. | 0.15% | 1,698 | $1.5M | Reduce -0.2% |
| SNOW Snowflake Inc. | 0.14% | 6,173 | $1.4M | Reduce -13.3% |
| MA Mastercard Inc. Class A | 0.13% | 2,299 | $1.3M | Reduce -11.6% |
| SMH Vaneck Semiconductor ETF | 0.12% | 3,300 | $1.2M | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.12% | 1,063 | $1.1M | Reduce -3.3% |
| EMR Emerson Electric Co. | 0.12% | 8,559 | $1.1M | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.12% | 9,436 | $1.1M | Add +5.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.11% | 5,278 | $1.1M | Add +1.5% |
| AVGO Broadcom Inc. | 0.11% | 3,100 | $1.1M | Reduce -55.4% |
| MCD McDonald's Corp. | 0.09% | 2,940 | $898K | Reduce -1.5% |
| GLD SPDR Gold Shares | 0.09% | 2,147 | $851K | Add +5.7% |
| MRK Merck & Co. Inc. | 0.09% | 7,997 | $842K | Add +0.3% |
| PPG PPG Industries Inc. | 0.09% | 8,117 | $832K | No change |
| ANGX Angel Studios Inc. | 0.08% | 163,926 | $766K | New |
| BRK.A Berkshire Hathaway Inc. Class A | 0.08% | 1 | $755K | No change |
| JPM JPMorgan Chase & Co. | 0.07% | 2,252 | $726K | Reduce -4.3% |
| PEP Pepsico Inc. | 0.07% | 5,050 | $725K | Reduce -10.9% |
| CVX Chevron Corp. | 0.07% | 4,590 | $700K | Reduce -1.5% |
| CARR Carrier Global Corp. | 0.07% | 13,211 | $698K | No change |
| HD Home Depot Inc. | 0.07% | 1,961 | $675K | Reduce -14.2% |
| HQY Healthequity Inc. | 0.07% | 6,949 | $637K | Reduce -23.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.06% | 7,867 | $627K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.06% | 1,274 | $597K | Add +3.4% |
| OTIS Otis Worldwide Corp. | 0.06% | 6,630 | $579K | No change |
| XLK SS Technology Select Sector | 0.06% | 3,736 | $538K | Add +30.6% |
| DE Deere & Co. | 0.05% | 1,043 | $486K | Add +3.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 1,564 | $475K | Reduce -0.5% |
| ALL Allstate Corp. | 0.05% | 2,180 | $454K | No change |
| VOO Vanguard S&P 500 ETF | 0.05% | 709 | $445K | Add +4.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.04% | 7,685 | $423K | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 0.04% | 616 | $422K | Add +47.0% |
| MS Morgan Stanley | 0.04% | 2,367 | $420K | Add +0.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.04% | 9,595 | $410K | Reduce -2.0% |
| XLY SS Consumer Disc Select Sect | 0.04% | 3,250 | $388K | No change |
| SDY SS SPDR S&P Dividend ETF | 0.04% | 2,678 | $373K | No change |
| SPXL Direxion Daily S&P 500 Bull | 0.04% | 1,686 | $372K | Reduce -3.5% |
| ORCL Oracle Corp. | 0.04% | 1,842 | $359K | Add +1.1% |
| CRM Salesforce Inc. | 0.04% | 1,353 | $358K | Add +3.7% |
| YUM Yum! Brands Inc. | 0.03% | 2,192 | $332K | Reduce -9.5% |
| ABBV Abbvie Inc. | 0.03% | 1,430 | $327K | Add +1.2% |
| NEM Newmont Corp. | 0.03% | 3,211 | $321K | No change |
| SGOL Abrdn Physical Gold Shares | 0.03% | 7,790 | $320K | Reduce -13.2% |
| BMY Bristol-Myers Squibb Co. | 0.03% | 5,791 | $312K | Add +0.5% |
| RSG Republic Services Inc. | 0.03% | 1,462 | $310K | Reduce -9.5% |
| VCIT Vanguard Int-Term Corporate | 0.03% | 3,642 | $305K | Reduce -10.3% |
| FNV Franco-Nevada Corp. | 0.03% | 1,437 | $298K | No change |
| XLV SS Health Care Select Sector | 0.03% | 1,889 | $292K | No change |
| TEL Te Connectivity PLC | 0.03% | 1,256 | $286K | Add +0.5% |
| GE General Electric filed as GE AEROSPACE | 0.03% | 925 | $285K | Reduce -16.0% |
| CMI Cummins Inc. | 0.03% | 550 | $281K | Add +0.4% |
| PFE Pfizer Inc. | 0.03% | 11,123 | $277K | Reduce -12.6% |
| PH Parker Hannifin Corp. | 0.03% | 305 | $268K | Reduce -4.7% |
| CMCSA Comcast Corp. Class A | 0.03% | 8,956 | $268K | Add +4.6% |
| SRE Sempra | 0.03% | 3,000 | $265K | No change |
| SLV iShares Silver Trust | 0.03% | 3,930 | $253K | New |
| FCX Freeport-McMoran Inc. | 0.03% | 4,926 | $250K | Reduce -9.2% |
| CB Chubb Ltd. | 0.03% | 790 | $247K | Add +1.1% |
| HWC Hancock Whitney Corp. | 0.03% | 3,828 | $244K | No change |
| KMB Kimberly-Clark Corp. | 0.02% | 2,400 | $242K | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.02% | 2,956 | $237K | Reduce -0.4% |
| T AT&T Inc. | 0.02% | 9,238 | $229K | Add +1.3% |
| TPG TPG Inc. | 0.02% | 3,500 | $223K | No change |
| DVY iShares Select Dividend ETF | 0.02% | 1,511 | $213K | No change |
| GEV GE Vernova Inc. | 0.02% | 314 | $205K | Reduce -37.1% |
| TCOM Trip.com Group Ltd.-ADR | 0.02% | 2,830 | $204K | No change |
| ASML ASML Holding NV-NY Reg SHS | 0.02% | 189 | $202K | New |
| CINF Cincinnati Financial Corp. | 0.02% | 1,238 | $202K | New |
| PDSB PDS Biotechnology Corp. | 0.01% | 75,016 | $58K | No change |
| MVIS Microvision Inc. | 0.00% | 26,230 | $22K | New |
Portfolio Sells Q3 2025 → Q4 2025
| NFLX Netflix Inc. | Reduce -2.1% | 1.98% | −0.64 |
| MSFT Microsoft Corp. | Reduce -0.6% | 5.71% | −0.53 |
| NVDA Nvidia Corp. | Reduce -2.0% | 7.65% | −0.27 |
| AAPL Apple Inc. | Reduce -7.7% | 7.74% | −0.24 |
| PANW Palo Alto Networks Inc. | Reduce -1.5% | 1.56% | −0.22 |
| AXP American Express Co. | Reduce -11.4% | 6.21% | −0.18 |
| HSY The Hershey Co. | Reduce -1.9% | 2.23% | −0.15 |
| AVGO Broadcom Inc. | Reduce -55.4% | 0.11% | −0.13 |
| PLTR Palantir Technologies Inc. Class A | Reduce -2.7% | 1.59% | −0.11 |
| CORT Corcept Therapeutics Inc. | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -6.2% | 0.19% | −0.03 |
| SNOW Snowflake Inc. | Reduce -13.3% | 0.14% | −0.03 |
| HD Home Depot Inc. | Reduce -14.2% | 0.07% | −0.03 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −0.02 |
| HQY Healthequity Inc. | Reduce -23.2% | 0.07% | −0.02 |
| BA The Boeing Co. | Sold out | 0.00% | −0.02 |
| GBCI Glacier Bancorp Inc. | Sold out | 0.00% | −0.02 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -11.6% | 0.13% | −0.02 |
| FSK FS KKR Capital Corp. | Sold out | 0.00% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -0.2% | 0.15% | −0.01 |
| PL Planet Labs PBC | Sold out | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.0% | 0.54% | −0.01 |
| GEV GE Vernova Inc. | Reduce -37.1% | 0.02% | −0.01 |
| GRSD Grandstand Ltd. | Sold out | 0.00% | −0.01 |
| PEP Pepsico Inc. | Reduce -10.9% | 0.07% | −0.01 |
| RSG Republic Services Inc. | Reduce -9.5% | 0.03% | −0.01 |
| GE General Electric | Reduce -16.0% | 0.03% | −0.01 |
| PFE Pfizer Inc. | Reduce -12.6% | 0.03% | −0.01 |
| YUM Yum! Brands Inc. | Reduce -9.5% | 0.03% | −0.00 |
| VCIT Vanguard Int-Term Corporate | Reduce -10.3% | 0.03% | −0.00 |
| CVX Chevron Corp. | Reduce -1.5% | 0.07% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -4.3% | 0.07% | −0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -2.0% | 0.04% | −0.00 |
| MCD McDonald's Corp. | Reduce -1.5% | 0.09% | −0.00 |
| SGOL Abrdn Physical Gold Shares | Reduce -13.2% | 0.03% | −0.00 |
| SPXL Direxion Daily S&P 500 Bull | Reduce -3.5% | 0.04% | −0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -0.4% | 0.02% | +0.00 |
| PH Parker Hannifin Corp. | Reduce -4.7% | 0.03% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.1% | 0.51% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.5% | 0.05% | +0.00 |
| FCX Freeport-McMoran Inc. | Reduce -9.2% | 0.03% | +0.00 |
| WMT Walmart Inc. | Reduce -4.0% | 0.39% | +0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -0.5% | 0.12% | +0.01 |
| V Visa Inc. Class A | Reduce -0.8% | 2.51% | +0.01 |
| LLY Eli Lilly & Co. | Reduce -3.3% | 0.12% | +0.03 |
| CAT Caterpillar Inc. | Reduce -0.3% | 0.26% | +0.04 |
| RTX RTX Corp. | Reduce -4.5% | 2.89% | +0.09 |
| AMZN Amazon.com Inc. | Reduce -0.6% | 9.10% | +0.25 |
Portfolio Buys Q3 2025 → Q4 2025
| APD Air Products & Chemicals Inc. | Add +71.9% | 2.66% | +0.93 |
| ICSH iShares Ultra Short Duration | Add +20.4% | 5.26% | +0.81 |
| VYM Vanguard High DVD Yield ETF | Add +10.7% | 1.66% | +0.17 |
| JNJ Johnson & Johnson | Add +0.0% | 1.44% | +0.13 |
| ANGX Angel Studios Inc. | New | 0.08% | +0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.06% | +0.06 |
| VGSH Vanguard Short-Term Treasury | Add +38.4% | 0.19% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +15.9% | 0.26% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +5.0% | 0.49% | +0.03 |
| SLV iShares Silver Trust | New | 0.03% | +0.03 |
| CINF Cincinnati Financial Corp. | New | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.02% | +0.02 |
| MRK Merck & Co. Inc. | Add +0.3% | 0.09% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +47.0% | 0.04% | +0.01 |
| XLK SS Technology Select Sector | Add +30.6% | 0.06% | +0.01 |
| GLD SPDR Gold Shares | Add +5.7% | 0.09% | +0.01 |
| XOM Exxon Mobil Corp. | Add +5.4% | 0.12% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +0.5% | 0.03% | +0.01 |
| CMI Cummins Inc. | Add +0.4% | 0.03% | +0.00 |
| CRM Salesforce Inc. | Add +3.7% | 0.04% | +0.00 |
| MS Morgan Stanley | Add +0.7% | 0.04% | +0.00 |
| BAC Bank of America Corp. | Add +0.7% | 0.04% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +4.6% | 0.05% | +0.00 |
| CB Chubb Ltd. | Add +1.1% | 0.03% | +0.00 |
| MVIS Microvision Inc. | New | 0.00% | +0.00 |
| DE Deere & Co. | Add +3.8% | 0.05% | +0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +1.5% | 0.11% | +0.00 |
| TEL Te Connectivity PLC | Add +0.5% | 0.03% | +0.00 |
| EMR Emerson Electric Co. | Add +0.1% | 0.12% | +0.00 |
| TSLA Tesla Inc. | Add +0.1% | 0.33% | −0.00 |
| ABBV Abbvie Inc. | Add +1.2% | 0.03% | −0.00 |
| CMCSA Comcast Corp. Class A | Add +4.6% | 0.03% | −0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.4% | 0.06% | −0.00 |
| T AT&T Inc. | Add +1.3% | 0.02% | −0.00 |
| ORCL Oracle Corp. | Add +1.1% | 0.04% | −0.02 |
| ETN Eaton Corp. PLC | Add +0.0% | 0.20% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 9.81% | −0.14 |
| UBER Uber Technologies Inc. | Add +2.8% | 3.80% | −0.70 |
| META Meta Platforms Inc. Class A | Add +0.1% | 7.76% | −0.97 |
Options Activity Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 53,000 | $7.2Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 42,800 | $6.0Mbefore exit |
| SMH Vaneck Semiconductor ETF | call | Sold out | 21,100 | $1.7Mbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 7,900 | $723Kbefore exit |
| META Meta Platforms Inc. Class A | call | Sold out | 1,400 | $303Kbefore exit |
| AMZN Amazon.com Inc. | call | Sold out | 10,000 | $275Kbefore exit |
| NFLX Netflix Inc. | call | Sold out | 4,000 | $174Kbefore exit |
| PLTR Palantir Technologies Inc. Class A | call | Sold out | 600 | $69Kbefore exit |
| AAPL Apple Inc. | call | Sold out | 2,400 | $68Kbefore exit |
| TSLA Tesla Inc. | call | Sold out | 200 | $49Kbefore exit |
| COST Costco Wholesale Corp. | call | Sold out | 100 | $1Kbefore exit |
| FCX Freeport-McMoran Inc. | call | Sold out | 500 | $733before exit |
| VOO Vanguard S&P 500 ETF | put | Sold out | 800 | $300before exit |
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 | 109 | $1.0B | BRK.B, AMZN, GOOG, NVDA, AAPL |
| Q1 2026 | 105 | $946.7M | BRK.B, AMZN, NVDA, AAPL, GOOG |
| Q4 2025 | 100 | $976.6M | BRK.B, AMZN, GOOG, META, AAPL |
| Q3 2025 | 103 | $962.6M | BRK.B, AMZN, META, AAPL, NVDA |
| Q2 2025 | 83 | $897.3M | META, AMZN, BRK.B, NVDA, AAPL |
| Q1 2025Amended | 92 | $725.3M | BRK.B, AMZN, AAPL, META, AXP |
| Q4 2024 | 87 | $708.9M | BRK.B, AAPL, AMZN, META, AXP |
| Q3 2024 | 90 | $715.4M | BRK.B, BRK.A, AAPL, AMZN, META |
| Q2 2024 | 88 | $592.4M | BRK.B, AAPL, AMZN, META, MSFT |
| Q1 2024 | 89 | $551.5M | BRK.B, AMZN, AAPL, META, MSFT |