Leisure Capital Management

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Leisure Capital Management reported 150 stock positions worth $302.0 million. Its top holding was Apple (AAPL) at 13.0% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 5.7%) and Harbor Long-Term Growers ETF (WINN, 4.9%). Compared with Q3 2025, it opened 16 new positions, sold out of 8, added to 33 and reduced 65. The biggest buy was a new position in iShares California Muni Bond (CMF) and the biggest sale SS SPDR N Ice St Muni ETF (SHM, shares −33%).

Most Recent 13F
Q2 2026
Location
COSTA MESA, CA
CIK
0001631507
Portfolio Value
$302.0M (Q4 2025)
SEC Filing
0001631507-26-000001 ↗ filed Jan 27, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $199.4M Q1 2024 Q2 2024: $214.6M Q2 2024 Q3 2024: $234.0M Q3 2024 Q4 2024: $255.3M Q4 2024 Q1 2025: $243.7M Q1 2025 Q2 2025: $265.3M Q2 2025 Q3 2025: $292.0M Q3 2025 Q4 2025: $302.0M $302.0M Q4 2025 Q1 2026: $285.7M Q1 2026 Q2 2026: $320.4M Q2 2026

Holdings 150 stocks · $302.0M
AAPL Apple Inc. 13.04% 144,827 $39.4M Reduce -0.2%
SCHX Schwab US Large-Cap ETF 5.71% 640,745 $17.2M Reduce -0.4%
WINN Harbor Long-Term Growers ETF 4.90% 475,975 $14.8M Reduce -0.4%
MSFT Microsoft Corp. 3.87% 24,151 $11.7M Reduce -1.0%
SBRA Sabra Health Care REIT Inc. 3.66% 583,042 $11.0M Add +9.8%
QLTY GMO U.S. Quality ETF 3.10% 243,443 $9.4M Reduce -0.2%
PULS Pgim Ultra Short Bond ETF 2.18% 132,756 $6.6M Add +4.9%
AVGO Broadcom Inc. 2.17% 18,949 $6.6M Reduce -2.3%
SCHF Schwab Intl Equity ETF 2.03% 255,113 $6.1M Reduce -0.3%
JPM JPMorgan Chase & Co. 1.97% 18,463 $5.9M Reduce -0.0%
GOOG Alphabet Inc. Class C 1.90% 18,253 $5.7M Reduce -1.0%
COST Costco Wholesale Corp. 1.78% 6,237 $5.4M Reduce -0.0%
GOOGL Alphabet Inc. Class A 1.71% 16,510 $5.2M Add +0.1%
NVDA Nvidia Corp. 1.47% 23,745 $4.4M Reduce -13.5%
STX Seagate Technology Holdings 1.41% 15,474 $4.3M Reduce -1.9%
SCHA Schwab US Small-Cap ETF 1.33% 141,376 $4.0M Reduce -2.8%
NFLX Netflix Inc. 1.15% 36,920 $3.5M Reduce -1.5%
META Meta Platforms Inc. Class A 1.11% 5,081 $3.4M Reduce -0.6%
AMZN Amazon.com Inc. 1.08% 14,103 $3.3M Add +0.6%
BSCS Invesco Bulletshares 2028 CB 1.07% 157,258 $3.2M Add +3.0%
JNJ Johnson & Johnson 1.06% 15,483 $3.2M Reduce -0.3%
HON Honeywell International Inc. 1.03% 15,961 $3.1M Reduce -0.1%
QCOM Qualcomm Inc. 1.01% 17,864 $3.1M Add +0.2%
KLAC KLA Corp. 0.96% 2,391 $2.9M Reduce -1.4%
SCHM Schwab US Mid Cap ETF 0.90% 90,430 $2.7M Add +0.7%
SHM SS SPDR N Ice St Muni ETF 0.89% 55,902 $2.7M Reduce -32.7%
HD Home Depot Inc. 0.86% 7,507 $2.6M Reduce -0.1%
CSCO Cisco Systems Inc. 0.84% 33,118 $2.6M Add +0.1%
PG The Procter & Gamble Co. 0.83% 17,558 $2.5M Add +0.2%
GLW Corning Inc. 0.80% 27,610 $2.4M Reduce -2.8%
AMP Ameriprise Financial Inc. 0.78% 4,833 $2.4M No change
NEM Newmont Corp. 0.75% 22,717 $2.3M Reduce -1.5%
FSLR First Solar Inc. 0.75% 8,614 $2.3M Reduce -1.4%
GS Goldman Sachs Group Inc. 0.71% 2,437 $2.1M No change
LOW Lowe's Cos Inc. 0.69% 8,664 $2.1M Add +0.6%
V Visa Inc. Class A 0.67% 5,776 $2.0M Reduce -0.7%
MRK Merck & Co. Inc. 0.65% 18,770 $2.0M Reduce -3.0%
CMF iShares California Muni Bond 0.62% 32,714 $1.9M New
WFC Wells Fargo & Co. 0.62% 19,981 $1.9M No change
BRK.B Berkshire Hathaway Inc. Class B 0.61% 3,664 $1.8M Add +7.1%
COF Capital One Financial Corp. 0.60% 7,429 $1.8M Reduce -1.2%
RGLD Royal Gold Inc. 0.59% 7,961 $1.8M Reduce -0.3%
AXP American Express Co. 0.57% 4,663 $1.7M Add +0.2%
MNST Monster Beverage Corp. 0.57% 22,270 $1.7M Reduce -0.5%
PEP Pepsico Inc. 0.56% 11,808 $1.7M Add +2.0%
AMGN Amgen Inc. 0.55% 5,091 $1.7M Add +0.2%
MCD McDonald's Corp. 0.55% 5,431 $1.7M Add +4.4%
ITW Illinois Tool Works 0.54% 6,656 $1.6M Add +1.1%
MCK McKesson Corp. 0.54% 1,974 $1.6M No change
BLK BlackRock Inc. 0.52% 1,475 $1.6M Add +0.3%
RY Royal Bank of Canada 0.52% 9,152 $1.6M Reduce -1.1%
ALL Allstate Corp. 0.49% 7,109 $1.5M Reduce -1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.47% 4,820 $1.4M Add +6.0%
CAT Caterpillar Inc. 0.46% 2,433 $1.4M Add +65.1%
DE Deere & Co. 0.45% 2,937 $1.4M Reduce -0.5%
SCHW Schwab (charles) Corp. 0.45% 13,589 $1.4M Reduce -0.3%
COP Conocophillips 0.44% 14,343 $1.3M Reduce -3.0%
ORCL Oracle Corp. 0.44% 6,870 $1.3M Reduce -0.5%
CVX Chevron Corp. 0.44% 8,760 $1.3M Reduce -1.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.44% 1,942 $1.3M Reduce -8.4%
MPC Marathon Petroleum Corp. 0.44% 8,134 $1.3M No change
XOM Exxon Mobil Corp. 0.44% 10,941 $1.3M Reduce -4.4%
NKE Nike Inc. Class B 0.43% 20,598 $1.3M Reduce -12.4%
ES Eversource Energy 0.43% 19,329 $1.3M Reduce -0.5%
MDT Medtronic PLC 0.43% 13,472 $1.3M Reduce -0.2%
MO Altria Group Inc. 0.41% 21,373 $1.2M Reduce -2.4%
ABT Abbott Laboratories 0.40% 9,750 $1.2M Reduce -0.9%
SCHC Schwab Intl Small-Cap Equity 0.39% 25,996 $1.2M Add +0.3%
RIO Rio Tinto PLC-Spon ADR 0.39% 14,669 $1.2M Reduce -0.5%
PEG Public Service Enterprise GP 0.39% 14,534 $1.2M Reduce -1.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.38% 21,066 $1.2M No change
LLY Eli Lilly & Co. 0.36% 1,012 $1.1M Reduce -5.2%
EPD Enterprise Products Partners 0.36% 33,643 $1.1M Reduce -8.3%
VOO Vanguard S&P 500 ETF 0.35% 1,694 $1.1M New
GPC Genuine Parts Co. 0.35% 8,575 $1.1M Reduce -1.7%
LDI Loandepot Inc. Class A 0.34% 500,000 $1.0M No change
BOND PIMCO Active Bond Exchange-T 0.33% 10,656 $992K Add +116.2%
TFC Truist Financial Corp. 0.32% 19,881 $978K Reduce -0.5%
SO The Southern Co. 0.32% 11,161 $973K Reduce -1.5%
UL Unilever PLC-Sponsored ADR 0.31% 14,107 $923K Reduce -2.9%
TRN Trinity Industries Inc. 0.30% 34,529 $913K Reduce -2.3%
PAYX Paychex Inc. 0.29% 7,831 $878K Reduce -4.0%
TSLA Tesla Inc. 0.29% 1,918 $863K Add +0.5%
PAGP Plains GP Holdings LP 0.28% 44,463 $851K Reduce -8.6%
MDY State Street SPDR S&P Midcap 0.28% 1,405 $848K No change
AMAT Applied Materials Inc. 0.28% 3,272 $841K Reduce -3.9%
GD General Dynamics Corp. 0.26% 2,313 $779K No change
TLT iShares 20+ Year Treasury BD 0.25% 8,575 $747K Reduce -8.7%
SNY Sanofi-ADR 0.24% 15,250 $739K Reduce -7.4%
KIM Kimco Realty Corp. 0.24% 36,404 $738K Reduce -20.7%
PH Parker Hannifin Corp. 0.24% 813 $715K No change
EFA iShares MSCI Eafe ETF 0.24% 7,440 $714K Reduce -0.7%
EW Edwards Lifesciences Corp. 0.22% 7,701 $657K No change
FAF First American Financial 0.21% 10,351 $636K No change
DHR Danaher Corp. 0.21% 2,740 $627K New
PANW Palo Alto Networks Inc. 0.20% 3,338 $615K Reduce -7.0%
OMC Omnicom Group 0.19% 7,037 $568K Reduce -13.7%
GLD SPDR Gold Shares 0.18% 1,371 $543K Add +1.9%
IXUS iShares Core Intl Stock ETF 0.17% 6,234 $528K New
MUB iShares National Muni Bond E 0.17% 4,838 $518K Add +55.5%
IJR iShares Core S&P Small-Cap E 0.17% 4,283 $515K No change
EFG iShares MSCI Eafe Growth ETF 0.17% 4,477 $510K No change
ASH Ashland Inc. 0.17% 8,490 $498K Reduce -14.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.16% 4,357 $496K Add +12.7%
SCHD Schwab US DVD Equity ETF 0.16% 18,025 $494K Add +3.3%
CL Colgate-Palmolive Co. 0.15% 5,899 $466K No change
DBMF Imgp Dbi MFT STR ETF-Usd Inc. 0.14% 15,265 $428K New
TMO Thermo Fisher Scientific Inc. 0.14% 717 $415K Add +0.7%
IVV iShares Core S&P 500 ETF 0.13% 553 $379K Reduce -2.8%
SRE Sempra 0.12% 4,244 $375K No change
PPG PPG Industries Inc. 0.12% 3,603 $369K No change
IWO iShares Russell 2000 Growth 0.12% 1,111 $359K New
RTX RTX Corp. 0.12% 1,951 $358K Add +0.4%
WMT Walmart Inc. 0.11% 2,986 $333K Add +25.1%
GE General Electric filed as GE AEROSPACE 0.11% 1,074 $331K No change
IUSG iShares Core S&P U.S. Growth 0.11% 1,924 $323K No change
AN Autonation Inc. 0.10% 1,536 $317K No change
AMT American Tower Corp. 0.10% 1,759 $309K Reduce -24.6%
NRK Nuveen NY Amt-FR Muni Inc. 0.10% 30,153 $304K No change
KYN Kayne Anderson Energy Infra 0.10% 23,290 $288K No change
QQQ Invesco QQQ Trust Series 1 0.09% 458 $281K Reduce -25.9%
EIX Edison International 0.09% 4,675 $281K No change
ET Energy Transfer LP 0.09% 17,008 $280K Add +0.1%
PSX Phillips 66 0.09% 2,121 $274K No change
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.09% 23,418 $272K No change
TSM Taiwan Semiconductor-SP ADR 0.08% 816 $248K Add +8.2%
YUM Yum! Brands Inc. 0.08% 1,623 $246K Add +3.8%
MS Morgan Stanley 0.08% 1,370 $243K No change
BA The Boeing Co. 0.08% 1,106 $240K Reduce -2.5%
PFE Pfizer Inc. 0.08% 9,483 $236K No change
RPG Invesco S&P 500 Pure Growth 0.08% 5,000 $233K No change
AME Ametek Inc. 0.08% 1,134 $233K Add +0.9%
XBGYX BlackRock Enh Intl DVD TR 0.08% 39,424 $232K No change
FTAI Ftai Aviation Ltd. 0.08% 1,168 $230K New
NVS Novartis AG-Sponsored ADR 0.07% 1,605 $221K New
EEM iShares MSCI Emerging Market 0.07% 4,025 $220K No change
BCX BlackRock Resources & Commod 0.07% 20,000 $220K No change
C Citigroup Inc. 0.07% 1,881 $219K New
NEE Nextera Energy Inc. 0.07% 2,731 $219K No change
BCRX Biocryst Pharmaceuticals Inc. 0.07% 28,000 $218K No change
TEL Te Connectivity PLC 0.07% 949 $216K No change
KMB Kimberly-Clark Corp. 0.07% 2,078 $210K No change
VTR Ventas Inc. 0.07% 2,671 $207K New
INTC Intel Corp. 0.07% 5,545 $205K New
VZ Verizon Communications Inc. 0.07% 5,005 $204K No change
DOV Dover Corp. 0.07% 1,039 $203K New
UPS United Parcel Service Class B 0.06% 1,876 $186K New
FNF Fidelity National Financial 0.05% 3,038 $166K New
MU Micron Technology Inc. 0.05% 550 $157K New
ABEV Ambev SA-ADR 0.01% 18,097 $45K New

Portfolio Sells Q3 2025 → Q4 2025
SHM SS SPDR N Ice St Muni ETF Reduce -32.7% 0.89% −0.48
MSFT Microsoft Corp. Reduce -1.0% 3.87% −0.46
NFLX Netflix Inc. Reduce -1.5% 1.15% −0.39
NVDA Nvidia Corp. Reduce -13.5% 1.47% −0.29
AMCR Amcor PLC Sold out 0.00% −0.23
ORCL Oracle Corp. Reduce -0.5% 0.44% −0.22
COST Costco Wholesale Corp. Reduce -0.0% 1.78% −0.20
WINN Harbor Long-Term Growers ETF Reduce -0.4% 4.90% −0.20
HD Home Depot Inc. Reduce -0.1% 0.86% −0.19
META Meta Platforms Inc. Class A Reduce -0.6% 1.11% −0.17
NKE Nike Inc. Class B Reduce -12.4% 0.43% −0.13
HON Honeywell International Inc. Reduce -0.1% 1.03% −0.12
KIM Kimco Realty Corp. Reduce -20.7% 0.24% −0.10
SCHX Schwab US Large-Cap ETF Reduce -0.4% 5.71% −0.09
MO Altria Group Inc. Reduce -2.4% 0.41% −0.09
MAC The Macerich Co. Sold out 0.00% −0.08
ELS Equity Lifestyle Properties Sold out 0.00% −0.08
GLPI Gaming and Leisure Propertie Sold out 0.00% −0.08
DELL Dell Technologies -C Sold out 0.00% −0.07
INVH Invitation Homes Inc. Sold out 0.00% −0.07
UNH Unitedhealth Group Inc. Sold out 0.00% −0.07
ABBV Abbvie Inc. Sold out 0.00% −0.07
GPC Genuine Parts Co. Reduce -1.7% 0.35% −0.06
PAYX Paychex Inc. Reduce -4.0% 0.29% −0.06
SCHA Schwab US Small-Cap ETF Reduce -2.8% 1.33% −0.06
AMT American Tower Corp. Reduce -24.6% 0.10% −0.05
ABT Abbott Laboratories Reduce -0.9% 0.40% −0.05
PANW Palo Alto Networks Inc. Reduce -7.0% 0.20% −0.05
SO The Southern Co. Reduce -1.5% 0.32% −0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.4% 0.44% −0.05
ES Eversource Energy Reduce -0.5% 0.43% −0.04
TLT iShares 20+ Year Treasury BD Reduce -8.7% 0.25% −0.04
OMC Omnicom Group Reduce -13.7% 0.19% −0.04
ALL Allstate Corp. Reduce -1.1% 0.49% −0.04
TRN Trinity Industries Inc. Reduce -2.3% 0.30% −0.04
PEG Public Service Enterprise GP Reduce -1.8% 0.39% −0.04
EPD Enterprise Products Partners Reduce -8.3% 0.36% −0.04
COP Conocophillips Reduce -3.0% 0.44% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -25.9% 0.09% −0.03
CVX Chevron Corp. Reduce -1.3% 0.44% −0.03
UL Unilever PLC-Sponsored ADR Reduce -2.9% 0.31% −0.03
JPM JPMorgan Chase & Co. Reduce -0.0% 1.97% −0.03
PAGP Plains GP Holdings LP Reduce -8.6% 0.28% −0.02
SNY Sanofi-ADR Reduce -7.4% 0.24% −0.02
AVGO Broadcom Inc. Reduce -2.3% 2.17% −0.02
MDT Medtronic PLC Reduce -0.2% 0.43% −0.01
DE Deere & Co. Reduce -0.5% 0.45% −0.01
SCHF Schwab Intl Equity ETF Reduce -0.3% 2.03% −0.01
V Visa Inc. Class A Reduce -0.7% 0.67% −0.01
XOM Exxon Mobil Corp. Reduce -4.4% 0.44% −0.01

Portfolio Buys Q3 2025 → Q4 2025
CMF iShares California Muni Bond New 0.62% +0.62
VOO Vanguard S&P 500 ETF New 0.35% +0.35
GOOGL Alphabet Inc. Class A Add +0.1% 1.71% +0.34
SBRA Sabra Health Care REIT Inc. Add +9.8% 3.66% +0.27
CAT Caterpillar Inc. Add +65.1% 0.46% +0.22
DHR Danaher Corp. New 0.21% +0.21
IXUS iShares Core Intl Stock ETF New 0.17% +0.17
BOND PIMCO Active Bond Exchange-T Add +116.2% 0.33% +0.17
DBMF Imgp Dbi MFT STR ETF-Usd Inc. New 0.14% +0.14
IWO iShares Russell 2000 Growth New 0.12% +0.12
FTAI Ftai Aviation Ltd. New 0.08% +0.08
NVS Novartis AG-Sponsored ADR New 0.07% +0.07
C Citigroup Inc. New 0.07% +0.07
CSCO Cisco Systems Inc. Add +0.1% 0.84% +0.07
VTR Ventas Inc. New 0.07% +0.07
INTC Intel Corp. New 0.07% +0.07
DOV Dover Corp. New 0.07% +0.07
UPS United Parcel Service Class B New 0.06% +0.06
AMGN Amgen Inc. Add +0.2% 0.55% +0.06
MUB iShares National Muni Bond E Add +55.5% 0.17% +0.06
FNF Fidelity National Financial New 0.05% +0.05
MU Micron Technology Inc. New 0.05% +0.05
AXP American Express Co. Add +0.2% 0.57% +0.04
IBM Intl Business Machines Corp. Add +6.0% 0.47% +0.03
WMT Walmart Inc. Add +25.1% 0.11% +0.03
AMZN Amazon.com Inc. Add +0.6% 1.08% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +7.1% 0.61% +0.02
PULS Pgim Ultra Short Bond ETF Add +4.9% 2.18% +0.02
TMO Thermo Fisher Scientific Inc. Add +0.7% 0.14% +0.02
GLD SPDR Gold Shares Add +1.9% 0.18% +0.02
ABEV Ambev SA-ADR New 0.01% +0.01
DIS The Walt Disney Co. Add +12.7% 0.16% +0.01
TSM Taiwan Semiconductor-SP ADR Add +8.2% 0.08% +0.01
MCD McDonald's Corp. Add +4.4% 0.55% +0.01
RTX RTX Corp. Add +0.4% 0.12% +0.01
AME Ametek Inc. Add +0.9% 0.08% +0.00
PEP Pepsico Inc. Add +2.0% 0.56% +0.00
SCHD Schwab US DVD Equity ETF Add +3.3% 0.16% +0.00
YUM Yum! Brands Inc. Add +3.8% 0.08% −0.00
BSCS Invesco Bulletshares 2028 CB Add +3.0% 1.07% −0.00
QCOM Qualcomm Inc. Add +0.2% 1.01% −0.00
TSLA Tesla Inc. Add +0.5% 0.29% −0.00
ET Energy Transfer LP Add +0.1% 0.09% −0.01
SCHM Schwab US Mid Cap ETF Add +0.7% 0.90% −0.01
SCHC Schwab Intl Small-Cap Equity Add +0.3% 0.39% −0.01
ITW Illinois Tool Works Add +1.1% 0.54% −0.04
LOW Lowe's Cos Inc. Add +0.6% 0.69% −0.05
BLK BlackRock Inc. Add +0.3% 0.52% −0.06
PG The Procter & Gamble Co. Add +0.2% 0.83% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 157$320.4MAAPL, WINN, QLTY, SBRA, STX
Q1 2026 154$285.7MAAPL, SCHX, WINN, SBRA, QLTY
Q4 2025 150$302.0MAAPL, SCHX, WINN, MSFT, SBRA
Q3 2025 142$292.0MAAPL, SCHX, WINN, MSFT, SBRA
Q2 2025 135$265.3MAAPL, SCHX, WINN, MSFT, SBRA
Q1 2025 136$243.7MAAPL, SCHX, WINN, SBRA, MSFT
Q4 2024 141$255.3MAAPL, SCHX, WINN, MSFT, SBRA
Q3 2024 141$234.0MAAPL, SCHX, SBRA, MSFT, WINN
Q2 2024 137$214.6MAAPL, SCHX, MSFT, SBRA, COST
Q1 2024 130$199.4MSCHX, AAPL, MSFT, SBRA, COST