Lee Johnson Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Lee Johnson Capital Management, LLC reported 39 stock positions worth $189.1 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 32.0% of the portfolio, followed by JPMorgan Equity Premium Inco (JEPI, 9.3%) and JPM Nasdaq Equity Premium (JEPQ, 8.1%). Compared with Q4 2024, it opened 14 new positions, sold out of 4, added to 9 and reduced 12. The biggest buy was a new position in Palantir Technologies Class A (PLTR) and the biggest sale an exit from iShares Core S&P Small-Cap E (IJR).
- Most Recent 13F
- Q2 2026
- Location
- FORT WORTH, TX
- CIK
- 0001674836
- Portfolio Value
- $189.1M (Q1 2025)
- SEC Filing
- 0001085146-25-002460 ↗ filed Apr 30, 2025
Holdings Value
Holdings 39 stocks · $189.1M
| SGOV iShares 0-3 Month Treasury B | 32.04% | 601,864 | $60.6M | Reduce -6.8% |
| JEPI JPMorgan Equity Premium Inco | 9.29% | 307,516 | $17.6M | Add +8.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 8.13% | 296,714 | $15.4M | Reduce -1.0% |
| AAPL Apple Inc. | 3.40% | 28,950 | $6.4M | Add +7.4% |
| WMB Williams Cos Inc. | 2.67% | 84,335 | $5.0M | Reduce -7.6% |
| AMZN Amazon.com Inc. | 2.43% | 24,193 | $4.6M | Add +1.6% |
| AXP American Express Co. | 2.34% | 16,429 | $4.4M | Add +1.8% |
| JPM JPMorgan Chase & Co. | 2.34% | 18,013 | $4.4M | Reduce -6.3% |
| ISRG Intuitive Surgical Inc. | 2.29% | 8,740 | $4.3M | Add +4.9% |
| WMT Walmart Inc. | 2.29% | 49,298 | $4.3M | Reduce -6.6% |
| NVDA Nvidia Corp. | 2.28% | 39,716 | $4.3M | Reduce -0.0% |
| PLTR Palantir Technologies Inc. Class A | 2.25% | 50,458 | $4.3M | New |
| NRG NRG Energy Inc. | 2.19% | 43,325 | $4.1M | New |
| META Meta Platforms Inc. Class A | 2.04% | 6,701 | $3.9M | New |
| AXON Axon Enterprise Inc. | 2.03% | 7,294 | $3.8M | Add +2032.8% |
| TOST Toast Inc. Class A | 2.01% | 114,531 | $3.8M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 1.98% | 10,623 | $3.7M | Reduce -23.0% |
| NTRA Natera Inc. | 1.95% | 26,027 | $3.7M | New |
| TSLA Tesla Inc. | 1.94% | 14,153 | $3.7M | Reduce -13.6% |
| PGR Progressive Corp. | 1.93% | 12,891 | $3.6M | New |
| HOOD Robinhood Markets Inc. Class A | 1.72% | 78,096 | $3.3M | New |
| XLG Invesco S&P 500 Top 50 ETF | 1.71% | 70,064 | $3.2M | Reduce -2.8% |
| UAL United Airlines Holdings Inc. | 1.70% | 46,594 | $3.2M | New |
| APP AppLovin Corp. Class A | 1.54% | 10,958 | $2.9M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 1.20% | 4,261 | $2.3M | Add +34.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.95% | 3,829 | $1.8M | New |
| SPYI Neos S&P 500 High Income ETF | 0.72% | 28,398 | $1.4M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.47% | 1,572 | $879K | Add +64.4% |
| XOM Exxon Mobil Corp. | 0.46% | 7,382 | $878K | Reduce -67.3% |
| LMT Lockheed Martin Corp. | 0.29% | 1,219 | $545K | Add +39.6% |
| RSP Invesco S&P 500 Equal Weight | 0.26% | 2,822 | $489K | Reduce -90.8% |
| PM Philip Morris International | 0.25% | 2,976 | $472K | No change |
| FOR Forestar Group Inc. | 0.20% | 17,767 | $376K | No change |
| LOW Lowe's Cos Inc. | 0.17% | 1,350 | $315K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.15% | 6,985 | $291K | No change |
| MSFT Microsoft Corp. | 0.13% | 635 | $239K | Reduce -93.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.11% | 2,366 | $217K | New |
| NVG Nuveen Amt-FR Muni CRDT | 0.09% | 13,507 | $167K | New |
| NAD Nuveen Quality Municipal Inc. | 0.09% | 13,999 | $161K | New |
Portfolio Sells Q4 2024 → Q1 2025
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −3.17 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −2.68 |
| RSP Invesco S&P 500 Equal Weight | Reduce -90.8% | 0.26% | −2.59 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −2.47 |
| SGOV iShares 0-3 Month Treasury B | Reduce -6.8% | 32.04% | −2.16 |
| MSFT Microsoft Corp. | Reduce -93.7% | 0.13% | −2.13 |
| XYZ Block Inc. | Sold out | 0.00% | −1.98 |
| TSLA Tesla Inc. | Reduce -13.6% | 1.94% | −1.55 |
| XOM Exxon Mobil Corp. | Reduce -67.3% | 0.46% | −0.82 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -1.0% | 8.13% | −0.79 |
| NVDA Nvidia Corp. | Reduce -0.0% | 2.28% | −0.54 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -23.0% | 1.98% | −0.51 |
| WMT Walmart Inc. | Reduce -6.6% | 2.29% | −0.23 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -2.8% | 1.71% | −0.19 |
| JPM JPMorgan Chase & Co. | Reduce -6.3% | 2.34% | −0.10 |
| WMB Williams Cos Inc. | Reduce -7.6% | 2.67% | +0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| PLTR Palantir Technologies Inc. Class A | New | 2.25% | +2.25 |
| NRG NRG Energy Inc. | New | 2.19% | +2.19 |
| META Meta Platforms Inc. Class A | New | 2.04% | +2.04 |
| TOST Toast Inc. Class A | New | 2.01% | +2.01 |
| NTRA Natera Inc. | New | 1.95% | +1.95 |
| PGR Progressive Corp. | New | 1.93% | +1.93 |
| AXON Axon Enterprise Inc. | Add +2032.8% | 2.03% | +1.92 |
| HOOD Robinhood Markets Inc. Class A | New | 1.72% | +1.72 |
| UAL United Airlines Holdings Inc. | New | 1.70% | +1.70 |
| APP AppLovin Corp. Class A | New | 1.54% | +1.54 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.95% | +0.95 |
| SPYI Neos S&P 500 High Income ETF | New | 0.72% | +0.72 |
| JEPI JPMorgan Equity Premium Inco | Add +8.0% | 9.29% | +0.65 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +34.8% | 1.20% | +0.44 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +64.4% | 0.47% | +0.17 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.11% | +0.11 |
| NVG Nuveen Amt-FR Muni CRDT | New | 0.09% | +0.09 |
| NAD Nuveen Quality Municipal Inc. | New | 0.09% | +0.09 |
| LMT Lockheed Martin Corp. | Add +39.6% | 0.29% | +0.06 |
| ISRG Intuitive Surgical Inc. | Add +4.9% | 2.29% | −0.00 |
| AAPL Apple Inc. | Add +7.4% | 3.40% | −0.16 |
| AXP American Express Co. | Add +1.8% | 2.34% | −0.19 |
| AMZN Amazon.com Inc. | Add +1.6% | 2.43% | −0.32 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 82 | $319.8M | SGOV, BALT, MU, GEV, JEPQ |
| Q1 2026 | 80 | $278.9M | BALT, DDFN, SGOV, EFAA, IWM |
| Q4 2025 | 94 | $291.5M | SGOV, BALT, EFAA, NVDA, IWM |
| Q3 2025 | 93 | $301.0M | SGOV, BALT, HOOD, NVDA, IWM |
| Q2 2025 | 71 | $290.6M | SGOV, JEPI, JEPQ, IWM, NVDA |
| Q1 2025 | 39 | $189.1M | SGOV, JEPI, JEPQ, AAPL, WMB |
| Q4 2024 | 29 | $189.5M | SGOV, JEPQ, JEPI, AAPL, TSLA |
| Q3 2024 | 33 | $194.5M | SGOV, JEPQ, JEPI, AAPL, NVDA |
| Q2 2024 | 16 | $196.0M | SGOV, ACWI, SPYI, BRK.B, URA |
| Q1 2024 | 21 | $192.4M | SGOV, BRK.B, IWM, JEPQ, CIBR |