J2 Capital Management Inc

Name: J2 Capital Management Inc 13F holdings, Q3 2025
Creator: J2 Capital Management Inc
Published: 2025-10-14

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

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), J2 Capital Management Inc reported 123 stock positions worth $132.9 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 9.9% of the portfolio, followed by iShares Treasury Floating Ra (TFLO, 9.5%) and iShares 0-3 Month Treasury B (SGOV, 5.0%). Compared with Q2 2025, it opened 17 new positions, sold out of 10, added to 41 and reduced 58. The biggest buy was iShares Gold Trust (IAU, shares +35%) and the biggest sale JPMorgan Equity Premium Inco (JEPI, shares −29%).

Most Recent 13F: Q2 2026
Location: TROY, MI
CIK: 0001586882
Portfolio Value: $132.9M (Q3 2025)
SEC Filing: 0001586882-25-000005 ↗ filed Oct 14, 2025

Holdings Value

Holdings 123 stocks · $132.9M


BIL SS SPDR BB 1-3M T-Bill ETF	9.92%	143,643	$13.2M	Reduce -3.9%
TFLO iShares Treasury Floating Ra	9.45%	248,390	$12.6M	Reduce -4.9%
SGOV iShares 0-3 Month Treasury B	5.02%	66,266	$6.7M	Add +0.8%
LGH HCM Defender 500 Index ETF	4.83%	106,225	$6.4M	Add +0.1%
SSUS Day Hagan Smart Sector ETF filed as STRATEGY SHS	3.86%	106,195	$5.1M	Reduce -0.1%
IAU iShares Gold Trust	3.58%	65,426	$4.8M	Add +35.2%
HDV iShares Core High Dividend E	3.04%	33,035	$4.0M	Add +0.5%
PTMC Pacer Trendpilot US Mid Cap	2.93%	108,656	$3.9M	Add +2.1%
JEPI JPMorgan Equity Premium Inco	2.68%	62,336	$3.6M	Reduce -29.1%
PTEU Pacer Trendpilot European Et	2.46%	109,499	$3.3M	Reduce -0.8%
IWD iShares Russell 1000 Value E	2.08%	13,586	$2.8M	Reduce -1.7%
GLD SPDR Gold Shares	1.61%	6,032	$2.1M	Add +4.7%
RUNN Running Oak Efficient GR ETF	1.60%	62,083	$2.1M	Add +2.0%
EEM iShares MSCI Emerging Market	1.60%	39,720	$2.1M	Reduce -0.2%
IVV iShares Core S&P 500 ETF	1.46%	2,909	$1.9M	Reduce -19.5%
IEUR iShares Core MSCI Europe ETF	0.99%	19,343	$1.3M	Reduce -2.4%
QQH HCM Defender 100 Index ETF	0.88%	15,400	$1.2M	Add +4.2%
POWL Powell Industries Inc.	0.88%	3,824	$1.2M	New
EMXC iShares MSCI Emr MRK Ex Chna	0.77%	15,163	$1.0M	Add +1.9%
VIG Vanguard Dividend Apprec ETF	0.74%	4,579	$988K	Reduce -2.2%
SPY SS SPDR S&P 500 ETF Trust-US	0.74%	1,482	$987K	Add +39.4%
FTNT Fortinet Inc.	0.74%	11,724	$986K	Add +48.9%
VWO Vanguard Ftse Emerging Marke	0.73%	17,933	$972K	Add +3.5%
MC Moelis & Co. Class A	0.73%	13,536	$965K	New
CAT Caterpillar Inc.	0.71%	1,986	$948K	Add +5.1%
IBIT iShares Bitcoin Trust ETF	0.71%	14,519	$944K	Add +7.2%
AZO AutoZone Inc.	0.68%	212	$910K	Add +5.0%
PHYS Sprott Physical Gold Trust	0.65%	29,009	$859K	Add +1.5%
MPWR Monolithic Power Systems Inc.	0.63%	910	$838K	Add +16.5%
KR Kroger Co.	0.60%	11,860	$799K	Reduce -1.2%
FIX Comfort Systems USA Inc.	0.59%	957	$790K	Reduce -37.4%
EMB iShares JP Morgan Usd Emergi	0.58%	8,155	$776K	New
PDBC Invesco Optimum Yield Divers	0.58%	57,708	$775K	Add +9.2%
DHI D.R. Horton Inc.	0.57%	4,507	$764K	Reduce -9.2%
VZ Verizon Communications Inc.	0.56%	16,820	$739K	Reduce -3.2%
COR Cencora Inc.	0.56%	2,362	$738K	Reduce -1.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.53%	2,410	$708K	Reduce -5.7%
KNSL Kinsale Capital Group Inc.	0.53%	1,660	$706K	Add +17.6%
CBOE Cboe Global Markets Inc.	0.53%	2,862	$702K	Add +104.4%
ACM Aecom	0.52%	5,318	$694K	Reduce -5.1%
PANW Palo Alto Networks Inc.	0.52%	3,401	$693K	Add +6.6%
VB Vanguard Most SM-Cap ETF-Usd	0.52%	2,720	$692K	Reduce -15.4%
VEEV Veeva Systems Inc. Class A	0.50%	2,243	$668K	Reduce -11.1%
QQQ Invesco QQQ Trust Series 1	0.50%	1,099	$660K	Add +0.1%
FDD First Trust Stoxx Europe	0.50%	40,799	$659K	Reduce -2.2%
TLT iShares 20+ Year Treasury BD	0.49%	7,346	$657K	New
USRT iShares Core US REIT ETF	0.49%	11,145	$654K	Reduce -9.3%
DKS Dick's Sporting Goods Inc.	0.49%	2,933	$652K	Reduce -3.9%
LNG Cheniere Energy Inc.	0.49%	2,771	$651K	Reduce -0.3%
TIP iShares Tips Bond ETF	0.48%	5,794	$644K	New
CLS Celestica Inc.	0.48%	2,590	$638K	Reduce -58.0%
DOCS Doximity Inc. Class A	0.48%	8,708	$637K	Add +45.8%
DEM Wisdomtree Emerging Markets	0.48%	13,831	$636K	Reduce -2.5%
LMT Lockheed Martin Corp.	0.46%	1,227	$613K	Reduce -0.2%
GNR State Street SPDR S&P Global	0.46%	10,309	$610K	Reduce -0.2%
DECK Deckers Outdoor Corp.	0.45%	5,955	$604K	Add +24.3%
GSK GSK PLC-Spon ADR	0.44%	13,626	$588K	Reduce -1.1%
JNJ Johnson & Johnson	0.44%	3,147	$584K	Reduce -2.3%
PCTY Paylocity Holding Corp.	0.43%	3,596	$573K	Add +26.3%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.43%	35,514	$569K	Add +8.1%
TS Tenaris SA-ADR	0.43%	15,876	$568K	Add +0.1%
COF Capital One Financial Corp.	0.43%	2,658	$565K	Reduce -8.4%
BLDR Builders Firstsource Inc.	0.42%	4,653	$564K	Add +59.6%
GPC Genuine Parts Co.	0.42%	4,057	$562K	Reduce -1.4%
AFL Aflac Inc.	0.42%	5,028	$562K	Reduce -1.2%
LLY Eli Lilly & Co.	0.41%	721	$550K	Reduce -0.1%
IDCC Interdigital Inc.	0.41%	1,580	$545K	Reduce -31.6%
PEN Penumbra Inc.	0.40%	2,095	$531K	Add +24.8%
MCD McDonald's Corp.	0.40%	1,739	$529K	Reduce -2.3%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.40%	6,027	$526K	Reduce -19.8%
MTB M & T Bank Corp. filed as M & T BK CORP	0.39%	2,656	$525K	Reduce -0.8%
PGR Progressive Corp.	0.39%	2,083	$514K	Add +17.8%
DOCU Docusign Inc.	0.38%	6,990	$504K	Add +12.2%
HEI.A Heico Corp. Class A	0.37%	1,922	$488K	Reduce -18.3%
CPRT Copart Inc.	0.37%	10,852	$488K	Add +20.7%
VST Vistra Corp.	0.36%	2,445	$479K	New
MO Altria Group Inc.	0.36%	7,171	$474K	Reduce -3.7%
AEP American Electric Power	0.35%	4,125	$464K	Reduce -2.2%
HSY The Hershey Co.	0.34%	2,444	$457K	Reduce -2.0%
JPM JPMorgan Chase & Co.	0.33%	1,394	$440K	Reduce -1.6%
HLI Houlihan Lokey Inc.	0.33%	2,138	$439K	Reduce -7.7%
CMI Cummins Inc.	0.32%	1,014	$428K	Add +7.3%
OMC Omnicom Group	0.32%	5,246	$428K	Reduce -1.6%
AMZN Amazon.com Inc.	0.32%	1,918	$421K	Reduce -68.7%
GILD Gilead Sciences Inc.	0.32%	3,774	$419K	Reduce -2.3%
AAPL Apple Inc.	0.31%	1,601	$408K	Reduce -52.9%
XOM Exxon Mobil Corp.	0.30%	3,537	$399K	Reduce -10.9%
TM Toyota Motor Corp. -Spon ADR	0.30%	2,075	$397K	Reduce -1.2%
XLSR SS US Sector Rotation	0.30%	6,580	$392K	Add +55.8%
TTE Totalenergies SE -Spon ADR	0.28%	6,229	$372K	Reduce -0.6%
DTE DTE Energy Company	0.28%	2,597	$367K	Add +2.7%
EXP Eagle Materials Inc.	0.27%	1,560	$364K	Add +2.8%
NOK Nokia Corp.-Spon ADR	0.27%	74,155	$357K	Add +0.4%
GIS General Mills Inc.	0.26%	6,847	$345K	Add +0.0%
MCO Moody's Corp.	0.26%	720	$343K	Add +1.0%
GOOGL Alphabet Inc. Class A	0.25%	1,391	$338K	New
MSFT Microsoft Corp.	0.25%	652	$338K	No change
FANG Diamondback Energy Inc.	0.25%	2,337	$334K	Add +15.1%
VYM Vanguard High DVD Yield ETF	0.25%	2,348	$331K	No change
SCHD Schwab US DVD Equity ETF	0.25%	12,114	$331K	No change
SCHA Schwab US Small-Cap ETF	0.25%	11,724	$327K	No change
MS Morgan Stanley	0.24%	2,005	$319K	Reduce -1.1%
PLTR Palantir Technologies Inc. Class A	0.24%	1,725	$315K	New
SPDW Ste STR SPDR PT DW Eu ETF	0.22%	6,727	$288K	New
PTIN Pacer Trendpilot Intl ETF	0.21%	9,367	$285K	New
MMM 3M Co.	0.21%	1,834	$285K	Reduce -1.1%
VEA Vanguard Ftse Developed ETF	0.20%	4,474	$268K	No change
ETHA iShares Ethereum Trust ETF	0.20%	8,499	$268K	New
CL Colgate-Palmolive Co.	0.20%	3,344	$267K	Add +0.6%
SPEM State Street SP PTF Em ETF	0.20%	5,700	$267K	New
MBSF Regan Floating Rate MBS ETF	0.20%	10,273	$262K	No change
PCAR Paccar Inc.	0.19%	2,561	$252K	Reduce -1.6%
SHY iShares 1-3 Year Treasury Bo	0.19%	2,970	$246K	Reduce -6.8%
AMLP Alerian MLP ETF	0.18%	5,130	$241K	Reduce -2.0%
EOG EOG Resources Inc.	0.18%	2,145	$240K	Reduce -2.4%
LFEQ Vaneck Long/Flat Trend ETF	0.18%	4,503	$240K	New
GDX Vaneck Gold Miners ETF	0.18%	3,126	$239K	New
XLE SS Energy Select Sector	0.17%	2,498	$223K	New
META Meta Platforms Inc. Class A	0.16%	293	$215K	New
CIBR First Trust Nasdaq Cybersecu	0.16%	2,819	$214K	Reduce -48.9%
ACHR Archer Aviation Inc. Class A	0.09%	12,329	$118K	New
ABCL Abcellera Biologics Inc.	0.05%	12,343	$62K	Reduce -5.8%
PLBY Playboy Inc.	0.03%	25,000	$37K	No change

Portfolio Sells Q2 2025 → Q3 2025


JEPI JPMorgan Equity Premium Inco	Reduce -29.1%	2.68%	−1.31
TFLO iShares Treasury Floating Ra	Reduce -4.9%	9.45%	−1.09
BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -3.9%	9.92%	−1.01
AMZN Amazon.com Inc.	Reduce -68.7%	0.32%	−0.75
BJ Bj's Wholesale Club Holdings	Sold out	0.00%	−0.44
LNTH Lantheus Holdings Inc.	Sold out	0.00%	−0.39
IGV iShares Expanded Tech-Softwa	Sold out	0.00%	−0.34
VRTX Vertex Pharmaceuticals Inc.	Sold out	0.00%	−0.33
IVV iShares Core S&P 500 ETF	Reduce -19.5%	1.46%	−0.32
CLS Celestica Inc.	Reduce -58.0%	0.48%	−0.29
AAPL Apple Inc.	Reduce -52.9%	0.31%	−0.25
STLD Steel Dynamics Inc.	Sold out	0.00%	−0.23
DPZ Domino's Pizza Inc.	Sold out	0.00%	−0.23
ODFL Old Dominion Freight Line	Sold out	0.00%	−0.23
TSCO Tractor Supply Company	Sold out	0.00%	−0.21
MSCI MSCI Inc.	Sold out	0.00%	−0.21
CIBR First Trust Nasdaq Cybersecu	Reduce -48.9%	0.16%	−0.17
HEI.A Heico Corp. Class A	Reduce -18.3%	0.37%	−0.12
XLU St Sr Utl SL SE SPDR ETF-Usd	Reduce -19.8%	0.40%	−0.09
VB Vanguard Most SM-Cap ETF-Usd	Reduce -15.4%	0.52%	−0.09
KR Kroger Co.	Reduce -1.2%	0.60%	−0.08
VEEV Veeva Systems Inc. Class A	Reduce -11.1%	0.50%	−0.08
COF Capital One Financial Corp.	Reduce -8.4%	0.43%	−0.07
PTEU Pacer Trendpilot European Et	Reduce -0.8%	2.46%	−0.07
USRT iShares Core US REIT ETF	Reduce -9.3%	0.49%	−0.06
FIX Comfort Systems USA Inc.	Reduce -37.4%	0.59%	−0.06
IWD iShares Russell 1000 Value E	Reduce -1.7%	2.08%	−0.06
IEUR iShares Core MSCI Europe ETF	Reduce -2.4%	0.99%	−0.05
LNG Cheniere Energy Inc.	Reduce -0.3%	0.49%	−0.05
GRAB Grab Holdings Ltd. Class A	Sold out	0.00%	−0.05
VZ Verizon Communications Inc.	Reduce -3.2%	0.56%	−0.04
XOM Exxon Mobil Corp.	Reduce -10.9%	0.30%	−0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -5.7%	0.53%	−0.04
LLY Eli Lilly & Co.	Reduce -0.1%	0.41%	−0.03
DEM Wisdomtree Emerging Markets	Reduce -2.5%	0.48%	−0.03
EOG EOG Resources Inc.	Reduce -2.4%	0.18%	−0.03
TTE Totalenergies SE -Spon ADR	Reduce -0.6%	0.28%	−0.03
GILD Gilead Sciences Inc.	Reduce -2.3%	0.32%	−0.03
SHY iShares 1-3 Year Treasury Bo	Reduce -6.8%	0.19%	−0.03
AMLP Alerian MLP ETF	Reduce -2.0%	0.18%	−0.02
FDD First Trust Stoxx Europe	Reduce -2.2%	0.50%	−0.02
VIG Vanguard Dividend Apprec ETF	Reduce -2.2%	0.74%	−0.02
MTB M & T Bank Corp.	Reduce -0.8%	0.39%	−0.02
MCD McDonald's Corp.	Reduce -2.3%	0.40%	−0.02
COR Cencora Inc.	Reduce -1.2%	0.56%	−0.02
MMM 3M Co.	Reduce -1.1%	0.21%	−0.01
PCAR Paccar Inc.	Reduce -1.6%	0.19%	−0.01
AFL Aflac Inc.	Reduce -1.2%	0.42%	−0.01
IDCC Interdigital Inc.	Reduce -31.6%	0.41%	−0.00
HLI Houlihan Lokey Inc.	Reduce -7.7%	0.33%	−0.00

Portfolio Buys Q2 2025 → Q3 2025


IAU iShares Gold Trust	Add +35.2%	3.58%	+1.18
POWL Powell Industries Inc.	New	0.88%	+0.88
MC Moelis & Co. Class A	New	0.73%	+0.73
EMB iShares JP Morgan Usd Emergi	New	0.58%	+0.58
TLT iShares 20+ Year Treasury BD	New	0.49%	+0.49
TIP iShares Tips Bond ETF	New	0.48%	+0.48
VST Vistra Corp.	New	0.36%	+0.36
CBOE Cboe Global Markets Inc.	Add +104.4%	0.53%	+0.27
GOOGL Alphabet Inc. Class A	New	0.25%	+0.25
PLTR Palantir Technologies Inc. Class A	New	0.24%	+0.24
LGH HCM Defender 500 Index ETF	Add +0.1%	4.83%	+0.22
SPY SS SPDR S&P 500 ETF Trust-US	Add +39.4%	0.74%	+0.22
SPDW Ste STR SPDR PT DW Eu ETF	New	0.22%	+0.22
PTIN Pacer Trendpilot Intl ETF	New	0.21%	+0.21
GLD SPDR Gold Shares	Add +4.7%	1.61%	+0.21
ETHA iShares Ethereum Trust ETF	New	0.20%	+0.20
SPEM State Street SP PTF Em ETF	New	0.20%	+0.20
DOCS Doximity Inc. Class A	Add +45.8%	0.48%	+0.19
LFEQ Vaneck Long/Flat Trend ETF	New	0.18%	+0.18
GDX Vaneck Gold Miners ETF	New	0.18%	+0.18
MPWR Monolithic Power Systems Inc.	Add +16.5%	0.63%	+0.18
XLE SS Energy Select Sector	New	0.17%	+0.17
META Meta Platforms Inc. Class A	New	0.16%	+0.16
BLDR Builders Firstsource Inc.	Add +59.6%	0.42%	+0.15
CAT Caterpillar Inc.	Add +5.1%	0.71%	+0.13
XLSR SS US Sector Rotation	Add +55.8%	0.30%	+0.11
ACHR Archer Aviation Inc. Class A	New	0.09%	+0.09
QQH HCM Defender 100 Index ETF	Add +4.2%	0.88%	+0.09
AZO AutoZone Inc.	Add +5.0%	0.68%	+0.09
FTNT Fortinet Inc.	Add +48.9%	0.74%	+0.08
CMI Cummins Inc.	Add +7.3%	0.32%	+0.08
PHYS Sprott Physical Gold Trust	Add +1.5%	0.65%	+0.07
NU Nu Holdings Ltd./Cayman Isl-A	Add +8.1%	0.43%	+0.07
DECK Deckers Outdoor Corp.	Add +24.3%	0.45%	+0.06
PEN Penumbra Inc.	Add +24.8%	0.40%	+0.06
IBIT iShares Bitcoin Trust ETF	Add +7.2%	0.71%	+0.05
VWO Vanguard Ftse Emerging Marke	Add +3.5%	0.73%	+0.05
PDBC Invesco Optimum Yield Divers	Add +9.2%	0.58%	+0.03
FANG Diamondback Energy Inc.	Add +15.1%	0.25%	+0.03
EXP Eagle Materials Inc.	Add +2.8%	0.27%	+0.03
EMXC iShares MSCI Emr MRK Ex Chna	Add +1.9%	0.77%	+0.02
PCTY Paylocity Holding Corp.	Add +26.3%	0.43%	+0.02
CPRT Copart Inc.	Add +20.7%	0.37%	+0.02
QQQ Invesco QQQ Trust Series 1	Add +0.1%	0.50%	+0.01
PGR Progressive Corp.	Add +17.8%	0.39%	+0.01
DTE DTE Energy Company	Add +2.7%	0.28%	+0.01
PANW Palo Alto Networks Inc.	Add +6.6%	0.52%	+0.00
DOCU Docusign Inc.	Add +12.2%	0.38%	−0.01
KNSL Kinsale Capital Group Inc.	Add +17.6%	0.53%	−0.01
GIS General Mills Inc.	Add +0.0%	0.26%	−0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	123	$148.7M	TFLO, SGOV, BIL, RSP, HDV
Q1 2026	116	$145.8M	TFLO, BIL, SGOV, HDV, JEPI
Q4 2025	119	$137.1M	TFLO, BIL, SGOV, LGH, HDV
Q3 2025	123	$132.9M	BIL, TFLO, SGOV, LGH, SSUS
Q2 2025	116	$125.5M	BIL, TFLO, SGOV, LGH, JEPI
Q1 2025	104	$108.8M	TFLO, BIL, SGOV, SSUS, JEPI
Q4 2024	107	$106.6M	TFLO, BIL, SGOV, JEPI, IAU