L2 Asset Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), L2 Asset Management, LLC reported 397 stock positions worth $1.1 billion. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 4.8% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 3.2%) and Schwab 5-10 Year Corporate B (SCHI, 2.8%). Compared with Q4 2025, it opened 56 new positions, sold out of 25, added to 301 and reduced 40. The biggest buy was a new position in iShares MSCI Emerging Market (EEM) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- Wayland, MA
- CIK
- 0001686988
- Portfolio Value
- $1.1B (Q1 2026)
- SEC Filing
- 0000919574-26-003154 ↗ filed May 15, 2026
Holdings Value
Holdings 397 stocks · $1.1B
| SGOV iShares 0-3 Month Treasury B | 4.75% | 496,119 | $49.9M | Add +101.8% |
| SCHX Schwab US Large-Cap ETF | 3.20% | 1,313,675 | $33.7M | Add +127.6% |
| SCHI Schwab 5-10 Year Corporate B | 2.83% | 1,313,035 | $29.8M | Add +100.6% |
| MTBA Simplify MBS ETF | 2.63% | 559,008 | $27.6M | Add +105.1% |
| AVUV Avantis US Small Cap Value | 2.49% | 236,520 | $26.1M | Add +123.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.40% | 505,263 | $25.2M | Add +102.3% |
| NVDA Nvidia Corp. | 2.10% | 126,786 | $22.1M | Add +7.4% |
| AAPL Apple Inc. | 2.09% | 86,581 | $22.0M | Add +11.2% |
| EEM iShares MSCI Emerging Market | 1.69% | 225,184 | $17.8M | New |
| SCHF Schwab Intl Equity ETF | 1.58% | 669,670 | $16.6M | Add +151.1% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 1.56% | 497,259 | $16.4M | Add +142.8% |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | 1.52% | 849,548 | $16.0M | Add +169.2% |
| MSFT Microsoft Corp. | 1.44% | 40,974 | $15.2M | Add +7.5% |
| CF CF Industries Holdings Inc. | 1.38% | 112,065 | $14.6M | Add +21.9% |
| JHG Janus Henderson Group PLC | 1.38% | 289,902 | $14.5M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.35% | 336,721 | $14.2M | Add +35990.1% |
| PFLD Aam Low Dur Pref & Inc. Sec | 1.32% | 718,661 | $13.9M | Add +142.0% |
| EFV iShares MSCI Eafe Value ETF | 1.31% | 184,749 | $13.7M | Add +12.8% |
| JAAA Janus Henderson Aaa Clo ETF | 1.26% | 262,203 | $13.2M | Add +2.0% |
| VWOB Vanguard Emerg MKTS Gov BND | 1.26% | 200,901 | $13.2M | Add +103.9% |
| SCYB Schwab High Yield Bond ETF | 1.16% | 468,509 | $12.2M | Add +104.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.01% | 22,172 | $10.6M | Reduce -12.8% |
| GOOGL Alphabet Inc. Class A | 1.00% | 36,651 | $10.5M | Add +8.3% |
| SCHA Schwab US Small-Cap ETF | 0.98% | 359,851 | $10.3M | New |
| SCHQ Schwab Long-Term US Treasury | 0.97% | 324,933 | $10.2M | Add +100.0% |
| AMGN Amgen Inc. | 0.93% | 27,740 | $9.8M | Add +99.5% |
| SCHG Schwab US Large-Cap Growth | 0.93% | 334,666 | $9.7M | Reduce -1.2% |
| META Meta Platforms Inc. Class A | 0.93% | 17,017 | $9.7M | Reduce -1.5% |
| EXPE Expedia Group Inc. | 0.92% | 41,991 | $9.7M | Add +5.9% |
| NTAP Netapp Inc. | 0.92% | 94,226 | $9.6M | Add +26.8% |
| GILD Gilead Sciences Inc. | 0.88% | 66,161 | $9.2M | Reduce -6.7% |
| ABNB Airbnb Inc. Class A | 0.86% | 71,959 | $9.1M | Add +105.7% |
| CSCO Cisco Systems Inc. | 0.81% | 110,108 | $8.5M | Reduce -11.0% |
| HAL Halliburton Co. | 0.80% | 216,866 | $8.5M | Add +39.9% |
| UTHR United Therapeutics Corp. | 0.79% | 14,091 | $8.4M | Add +17.5% |
| LYV Live Nation Entertainment Inc. | 0.79% | 54,231 | $8.3M | Add +54.4% |
| FLEX Flex Ltd. filed as FLEXTRONICS INTL LTD | 0.78% | 124,846 | $8.2M | Add +6.2% |
| DLTR Dollar Tree Inc. | 0.77% | 73,966 | $8.1M | Add +21.9% |
| TPR Tapestry Inc. | 0.75% | 56,185 | $7.9M | Add +48.8% |
| AVGO Broadcom Inc. | 0.75% | 25,334 | $7.8M | Add +8.0% |
| SYF Synchrony Financial | 0.72% | 110,998 | $7.6M | Add +10.7% |
| JBL Jabil Inc. | 0.70% | 27,863 | $7.4M | Reduce -14.7% |
| IBTH iShares Ibonds Dec 2027 Term | 0.69% | 316,392 | $7.3M | Add +1120.8% |
| GOOG Alphabet Inc. Class C | 0.68% | 25,045 | $7.2M | Add +5.0% |
| ZM Zoom Communications Inc. | 0.67% | 88,028 | $7.1M | Add +16.2% |
| RPRX Royalty Pharma PLC Class A | 0.67% | 147,082 | $7.1M | Add +0.9% |
| LOGI Logitech International-Reg | 0.67% | 77,126 | $7.0M | Add +16.1% |
| FOXA Fox Corp. Class A | 0.63% | 113,009 | $6.6M | Add +6.4% |
| DELL Dell Technologies -C | 0.63% | 40,107 | $6.6M | Add +35.4% |
| JEPI JPMorgan Equity Premium Inco | 0.62% | 115,485 | $6.5M | Add +413.8% |
| QCOM Qualcomm Inc. | 0.60% | 49,031 | $6.3M | Add +13.2% |
| TSLA Tesla Inc. | 0.56% | 15,884 | $5.9M | Add +3.5% |
| AMP Ameriprise Financial Inc. | 0.56% | 13,222 | $5.9M | Add +1.9% |
| DFAC Dimensional US Core Equity 2 | 0.55% | 149,391 | $5.8M | Add +102.3% |
| HOLX Hologic Inc. | 0.55% | 76,853 | $5.8M | Add +3.0% |
| COKE Coca-Cola Consolidated Inc. | 0.55% | 30,109 | $5.8M | Add +13.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.53% | 23,089 | $5.6M | Reduce -4.9% |
| EXEL Exelixis Inc. | 0.53% | 130,292 | $5.6M | Add +50.3% |
| LRCX Lam Research Corp. | 0.53% | 26,025 | $5.6M | Reduce -6.8% |
| RL Ralph Lauren Corp. | 0.53% | 16,141 | $5.6M | Reduce -10.6% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.52% | 106,239 | $5.5M | Add +4.7% |
| JPM JPMorgan Chase & Co. | 0.51% | 18,085 | $5.3M | Reduce -20.2% |
| EOG EOG Resources Inc. | 0.50% | 36,149 | $5.2M | Add +19.3% |
| CAH Cardinal Health Inc. | 0.50% | 24,705 | $5.2M | Reduce -37.4% |
| KHC The Kraft Heinz Co. | 0.47% | 218,259 | $4.9M | New |
| SCHV Schwab US Large-Cap Value | 0.45% | 155,878 | $4.8M | Add +264.8% |
| INCY Incyte Corp. | 0.38% | 42,145 | $4.0M | Add +0.2% |
| EUSA iShares MSCI USA Equal Weigh | 0.37% | 38,551 | $3.9M | Add +0.5% |
| KR Kroger Co. | 0.37% | 53,725 | $3.9M | Add +753.7% |
| XOM Exxon Mobil Corp. | 0.37% | 22,893 | $3.9M | Add +6.4% |
| BBY Best Buy Co. Inc. | 0.36% | 59,526 | $3.8M | Add +30.6% |
| DVN Devon Energy Corp. | 0.36% | 75,366 | $3.8M | New |
| VAL Valaris Ltd. | 0.34% | 36,936 | $3.6M | Add +56.3% |
| IWD iShares Russell 1000 Value E | 0.33% | 16,027 | $3.4M | New |
| CPAY Corpay Inc. | 0.32% | 11,640 | $3.4M | Reduce -39.5% |
| AU Anglogold Ashanti PLC | 0.31% | 33,326 | $3.2M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 64,083 | $3.1M | Add +6.1% |
| LNG Cheniere Energy Inc. | 0.29% | 10,928 | $3.1M | Add +904.4% |
| WMT Walmart Inc. | 0.29% | 24,783 | $3.1M | Add +11.9% |
| NYT New York Times Co. Class A | 0.28% | 35,330 | $3.0M | Add +53.1% |
| MLI Mueller Industries Inc. | 0.28% | 26,304 | $2.9M | Add +84.1% |
| V Visa Inc. Class A | 0.27% | 9,545 | $2.9M | Add +9.1% |
| RGLD Royal Gold Inc. | 0.27% | 10,970 | $2.8M | Add +73.7% |
| AKAM Akamai Technologies Inc. | 0.26% | 24,070 | $2.8M | Reduce -41.4% |
| RNR Renaissancere Holdings Ltd. | 0.26% | 9,286 | $2.8M | Add +77.0% |
| ABBV Abbvie Inc. | 0.26% | 12,615 | $2.7M | Reduce -10.1% |
| NRG NRG Energy Inc. | 0.26% | 18,498 | $2.7M | Add +13.3% |
| NJR New Jersey Resources Corp. | 0.25% | 48,667 | $2.7M | Add +146.1% |
| SCHW Schwab (charles) Corp. | 0.25% | 28,244 | $2.7M | Add +25.2% |
| COST Costco Wholesale Corp. | 0.24% | 2,495 | $2.5M | Add +11.6% |
| CAT Caterpillar Inc. | 0.23% | 3,458 | $2.4M | Reduce -4.6% |
| CHWY Chewy Inc. Class A | 0.23% | 90,332 | $2.4M | Add +150.2% |
| AMG Affiliated Managers Group | 0.23% | 8,705 | $2.4M | Add +71.5% |
| MA Mastercard Inc. Class A | 0.22% | 4,544 | $2.3M | Add +9.7% |
| MU Micron Technology Inc. | 0.21% | 6,650 | $2.2M | Add +17.4% |
| LVS Las Vegas Sands Corp. | 0.21% | 41,641 | $2.2M | Reduce -16.2% |
| CVX Chevron Corp. | 0.21% | 10,807 | $2.2M | Add +8.4% |
| NFLX Netflix Inc. | 0.21% | 22,879 | $2.2M | Reduce -0.1% |
| AAON Aaon Inc. | 0.21% | 26,439 | $2.2M | Add +149.0% |
| ENSG The Ensign Group Inc. | 0.20% | 10,568 | $2.1M | Add +54.2% |
Portfolio Sells Q4 2025 → Q1 2026
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -12.8% | 1.01% | −0.70 |
| META Meta Platforms Inc. Class A | Reduce -1.5% | 0.93% | −0.60 |
| EBAY eBay Inc. | Reduce -86.8% | 0.07% | −0.59 |
| CAH Cardinal Health Inc. | Reduce -37.4% | 0.50% | −0.59 |
| SCHG Schwab US Large-Cap Growth | Reduce -1.2% | 0.93% | −0.55 |
| JPM JPMorgan Chase & Co. | Reduce -20.2% | 0.51% | −0.47 |
| CHKP Check Point Software Tech | Reduce -52.7% | 0.16% | −0.46 |
| CSCO Cisco Systems Inc. | Reduce -11.0% | 0.81% | −0.46 |
| CPAY Corpay Inc. | Reduce -39.5% | 0.32% | −0.45 |
| IBM Intl Business Machines Corp. | Reduce -4.9% | 0.53% | −0.43 |
| WFC Wells Fargo & Co. | Reduce -56.7% | 0.13% | −0.36 |
| OMC Omnicom Group | Sold out | 0.00% | −0.34 |
| RL Ralph Lauren Corp. | Reduce -10.6% | 0.53% | −0.32 |
| JBL Jabil Inc. | Reduce -14.7% | 0.70% | −0.29 |
| GEN Gen Digital Inc. | Reduce -84.0% | 0.02% | −0.29 |
| GILD Gilead Sciences Inc. | Reduce -6.7% | 0.88% | −0.29 |
| TLN Talen Energy Corp. | Sold out | 0.00% | −0.25 |
| LVS Las Vegas Sands Corp. | Reduce -16.2% | 0.21% | −0.22 |
| BLD Topbuild Corp. | Reduce -39.5% | 0.12% | −0.22 |
| AKAM Akamai Technologies Inc. | Reduce -41.4% | 0.26% | −0.22 |
| BAH Booz Allen Hamilton Holdings | Sold out | 0.00% | −0.17 |
| ABBV Abbvie Inc. | Reduce -10.1% | 0.26% | −0.17 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.15 |
| PYPL PayPal Holdings Inc. | Reduce -2.7% | 0.15% | −0.13 |
| DFAX Dimensional World Ex US Core | Sold out | 0.00% | −0.13 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.12 |
| LRCX Lam Research Corp. | Reduce -6.8% | 0.53% | −0.11 |
| UNM Unum Group | Sold out | 0.00% | −0.11 |
| STT State Street Corp. | Sold out | 0.00% | −0.11 |
| MRK Merck & Co. Inc. | Reduce -22.1% | 0.16% | −0.09 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.08 |
| AXP American Express Co. | Reduce -16.4% | 0.08% | −0.08 |
| NFLX Netflix Inc. | Reduce -0.1% | 0.21% | −0.08 |
| GS Goldman Sachs Group Inc. | Reduce -6.9% | 0.13% | −0.07 |
| JNJ Johnson & Johnson | Reduce -40.6% | 0.07% | −0.07 |
| AU Anglogold Ashanti PLC | Reduce -0.1% | 0.31% | −0.07 |
| ADBE Adobe Inc. | Reduce -9.9% | 0.05% | −0.07 |
| ACM Aecom | Reduce -22.3% | 0.06% | −0.06 |
| TXNM TXNM Energy Inc. | Sold out | 0.00% | −0.06 |
| FR First Industrial Realty TR | Sold out | 0.00% | −0.06 |
| VC Visteon Corp. | Sold out | 0.00% | −0.06 |
| VST Vistra Corp. | Reduce -18.8% | 0.07% | −0.06 |
| KMB Kimberly-Clark Corp. | Reduce -26.4% | 0.05% | −0.05 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.04 |
| WIX Wix.com Ltd. | Sold out | 0.00% | −0.04 |
| CAT Caterpillar Inc. | Reduce -4.6% | 0.23% | −0.04 |
| SPG Simon Property Group Inc. | Reduce -13.2% | 0.07% | −0.04 |
| BURL Burlington Stores Inc. | Sold out | 0.00% | −0.04 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.04 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| EEM iShares MSCI Emerging Market | New | 1.69% | +1.69 |
| SGOV iShares 0-3 Month Treasury B | Add +101.8% | 4.75% | +1.45 |
| JHG Janus Henderson Group PLC | New | 1.38% | +1.38 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +35990.1% | 1.35% | +1.26 |
| SCHX Schwab US Large-Cap ETF | Add +127.6% | 3.20% | +1.13 |
| AVUV Avantis US Small Cap Value | Add +123.6% | 2.49% | +1.04 |
| SCHA Schwab US Small-Cap ETF | New | 0.98% | +0.98 |
| SCHI Schwab 5-10 Year Corporate B | Add +100.6% | 2.83% | +0.82 |
| MTBA Simplify MBS ETF | Add +105.1% | 2.63% | +0.79 |
| SCHF Schwab Intl Equity ETF | Add +151.1% | 1.58% | +0.72 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +102.3% | 2.40% | +0.72 |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | Add +169.2% | 1.52% | +0.72 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +142.8% | 1.56% | +0.66 |
| IBTH iShares Ibonds Dec 2027 Term | Add +1120.8% | 0.69% | +0.62 |
| PFLD Aam Low Dur Pref & Inc. Sec | Add +142.0% | 1.32% | +0.55 |
| KHC The Kraft Heinz Co. | New | 0.47% | +0.47 |
| JEPI JPMorgan Equity Premium Inco | Add +413.8% | 0.62% | +0.45 |
| CF CF Industries Holdings Inc. | Add +21.9% | 1.38% | +0.43 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +103.9% | 1.26% | +0.37 |
| DVN Devon Energy Corp. | New | 0.36% | +0.36 |
| SCYB Schwab High Yield Bond ETF | Add +104.4% | 1.16% | +0.35 |
| IWD iShares Russell 1000 Value E | New | 0.33% | +0.33 |
| AMGN Amgen Inc. | Add +99.5% | 0.93% | +0.32 |
| KR Kroger Co. | Add +753.7% | 0.37% | +0.32 |
| SCHQ Schwab Long-Term US Treasury | Add +100.0% | 0.97% | +0.28 |
| SCHV Schwab US Large-Cap Value | Add +264.8% | 0.45% | +0.28 |
| LNG Cheniere Energy Inc. | Add +904.4% | 0.29% | +0.27 |
| ABNB Airbnb Inc. Class A | Add +105.7% | 0.86% | +0.23 |
| HAL Halliburton Co. | Add +39.9% | 0.80% | +0.22 |
| IT Gartner Inc. | New | 0.19% | +0.19 |
| VAL Valaris Ltd. | Add +56.3% | 0.34% | +0.19 |
| DFAC Dimensional US Core Equity 2 | Add +102.3% | 0.55% | +0.16 |
| HUBB Hubbell Inc. | New | 0.16% | +0.16 |
| ILMN Illumina Inc. | New | 0.13% | +0.13 |
| NJR New Jersey Resources Corp. | Add +146.1% | 0.25% | +0.13 |
| DELL Dell Technologies -C | Add +35.4% | 0.63% | +0.13 |
| FFIV F5 Inc. | New | 0.12% | +0.12 |
| LULU Lululemon Athletica Inc. | Add +562.9% | 0.17% | +0.12 |
| LYV Live Nation Entertainment Inc. | Add +54.4% | 0.79% | +0.12 |
| TPR Tapestry Inc. | Add +48.8% | 0.75% | +0.11 |
| AAON Aaon Inc. | Add +149.0% | 0.21% | +0.10 |
| IQV Iqvia Holdings Inc. | Add +415.3% | 0.16% | +0.10 |
| IPGP Ipg Photonics Corp. | Add +65.0% | 0.18% | +0.08 |
| AIT Applied Industrial Tech Inc. | Add +144.5% | 0.18% | +0.08 |
| RGLD Royal Gold Inc. | Add +73.7% | 0.27% | +0.08 |
| CVLT Commvault Systems Inc. | New | 0.08% | +0.08 |
| SFM Sprouts Farmers Market Inc. | New | 0.08% | +0.08 |
| CHWY Chewy Inc. Class A | Add +150.2% | 0.23% | +0.07 |
| EOG EOG Resources Inc. | Add +19.3% | 0.50% | +0.07 |
| BMY Bristol-Myers Squibb Co. | Add +133.6% | 0.14% | +0.07 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 411 | $962.8M | JAAA, NVDA, AAPL, SGOV, SCHX |
| Q1 2026 | 397 | $1.1B | SGOV, SCHX, SCHI, MTBA, AVUV |
| Q4 2025 | 366 | $748.5M | SGOV, NVDA, AAPL, MSFT, SCHX |
| Q3 2025 | 363 | $691.1M | SGOV, NVDA, MSFT, AAPL, SCHI |
| Q2 2025 | 359 | $610.9M | SGOV, MSFT, NVDA, META, SCHI |
| Q1 2025 | 273 | $486.5M | SGOV, AAPL, SCHI, MSFT, META |
| Q4 2024 | 247 | $458.3M | SGOV, AAPL, SCHI, MSFT, META |
| Q3 2024 | 231 | $368.0M | AAPL, MSFT, META, NVDA, GOOGL |
| Q2 2024 | 214 | $331.9M | MSFT, AAPL, NVDA, GOOGL, META |
| Q1 2024 | 212 | $304.6M | MSFT, AAPL, GOOGL, META, BRK.B |