Lodestar Private Asset Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Lodestar Private Asset Management LLC reported 222 stock positions worth $867.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 8.8% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.5%) and Invesco Nasdaq 100 ETF (QQQM, 3.7%). Compared with Q1 2025, it opened 13 new positions, sold out of 7, added to 87 and reduced 99. The biggest buy was Invesco Nasdaq 100 ETF (QQQM, shares +2%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- ALAMO, CA
- CIK
- 0001963040
- Portfolio Value
- $867.9M (Q2 2025)
- SEC Filing
- 0001963040-25-000004 ↗ filed Jul 25, 2025
Holdings Value
Holdings 222 stocks · $867.9M
| IVV iShares Core S&P 500 ETF | 8.77% | 122,631 | $76.1M | Add +1.5% |
| QQQ Invesco QQQ Trust Series 1 | 4.46% | 70,130 | $38.7M | Reduce -2.2% |
| QQQM Invesco Nasdaq 100 ETF | 3.66% | 139,874 | $31.8M | Add +1.6% |
| SCHD Schwab US DVD Equity ETF | 3.59% | 1,174,249 | $31.1M | Reduce -1.0% |
| AAPL Apple Inc. | 3.38% | 143,061 | $29.4M | Reduce -1.7% |
| SPAB SS SPDR P Agg Bond ETF | 3.12% | 1,057,243 | $27.1M | Add +3.2% |
| CWI State Street SPDR MSCI Acwi | 2.95% | 785,162 | $25.6M | Add +5.1% |
| VIG Vanguard Dividend Apprec ETF | 2.93% | 124,153 | $25.4M | Reduce -1.2% |
| VTI VG Morningstar TS MKT ETF-US | 2.40% | 68,641 | $20.9M | Add +0.4% |
| BIV Vanguard Intermediate-Term B | 2.18% | 244,431 | $18.9M | Add +8.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.00% | 28,117 | $17.4M | Reduce 0.0% |
| VOO Vanguard S&P 500 ETF | 1.93% | 29,531 | $16.8M | Reduce -1.6% |
| IXUS iShares Core Intl Stock ETF | 1.90% | 213,684 | $16.5M | Add +16.8% |
| IJH iShares Core S&P Midcap ETF | 1.86% | 259,762 | $16.1M | Reduce -0.3% |
| JPIE JPMorgan Income ETF | 1.81% | 338,335 | $15.7M | Add +25.8% |
| IJR iShares Core S&P Small-Cap E | 1.75% | 138,701 | $15.2M | Add +1.4% |
| SCHB Schwab US Broad Market ETF | 1.72% | 624,863 | $14.9M | Reduce -0.7% |
| IBND SS SPDR BB Intl Corp. BD ETF | 1.54% | 409,110 | $13.3M | Add +17.0% |
| SCHX Schwab US Large-Cap ETF | 1.49% | 530,828 | $13.0M | Add +3.0% |
| VEA Vanguard Ftse Developed ETF | 1.43% | 217,018 | $12.4M | Reduce -0.4% |
| XLK SS Technology Select Sector | 1.40% | 47,829 | $12.1M | Reduce -7.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.39% | 261,011 | $12.1M | Add +1.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.36% | 66,765 | $11.8M | Add +7.6% |
| EFG iShares MSCI Eafe Growth ETF | 1.33% | 103,227 | $11.6M | Add +16.6% |
| IWM iShares Russell 2000 ETF | 1.32% | 52,898 | $11.4M | Reduce -2.7% |
| SCHM Schwab US Mid Cap ETF | 1.26% | 389,628 | $10.9M | Add +2.4% |
| AMZN Amazon.com Inc. | 1.20% | 47,372 | $10.4M | Reduce -1.3% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 1.18% | 297,337 | $10.3M | Add +4.7% |
| DBEF Xtrackers MSCI Eafe Hedged E | 1.16% | 230,460 | $10.1M | Reduce -4.6% |
| VWO Vanguard Ftse Emerging Marke | 1.04% | 183,091 | $9.1M | Add +2.5% |
| VTWO Vanguard Russell 2000 ETF | 1.04% | 103,800 | $9.1M | Reduce -7.2% |
| IWR iShares Russell Mid-Cap ETF | 1.02% | 95,864 | $8.8M | Add +2.6% |
| SCHF Schwab Intl Equity ETF | 1.01% | 397,059 | $8.8M | Reduce -0.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.94% | 165,133 | $8.2M | Add +3.9% |
| EFA iShares MSCI Eafe ETF | 0.89% | 86,706 | $7.8M | Add +11.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.88% | 113,432 | $7.6M | Reduce -0.3% |
| DGRW Wisdomtree U.S. Quality Divi | 0.79% | 81,925 | $6.9M | Add +11.7% |
| JCPB JPMorgan Core Plus Bond ETF | 0.78% | 143,724 | $6.8M | Reduce -1.2% |
| IAGG iShares Intl Aggregate Bond | 0.72% | 122,963 | $6.3M | Add +3.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.72% | 21,990 | $6.3M | Reduce -2.3% |
| MDY State Street SPDR S&P Midcap | 0.71% | 10,862 | $6.2M | Add +4.1% |
| AOM iShares Core 40/60 Moderate | 0.65% | 122,171 | $5.6M | Add +9.8% |
| AOR iShares Core 60/40 Balanced | 0.63% | 88,900 | $5.5M | Add +16.5% |
| GLDM SPDR Gold Minishares Trust | 0.63% | 83,169 | $5.4M | Add +3.0% |
| SCHA Schwab US Small-Cap ETF | 0.58% | 200,424 | $5.1M | Add +26.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.56% | 11,103 | $4.9M | Add +14.3% |
| IWB iShares Russell 1000 ETF | 0.54% | 13,830 | $4.7M | Add +2.8% |
| MSFT Microsoft Corp. | 0.54% | 9,388 | $4.7M | Reduce -1.0% |
| TIP iShares Tips Bond ETF | 0.54% | 42,232 | $4.6M | Add +11.3% |
| GLD SPDR Gold Shares | 0.50% | 14,336 | $4.4M | Reduce -3.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.46% | 75,609 | $4.0M | Add +2.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.45% | 48,802 | $3.9M | Add +1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 8,029 | $3.9M | Reduce -10.1% |
| CMF iShares California Muni Bond | 0.39% | 60,579 | $3.4M | Reduce -6.0% |
| NVDA Nvidia Corp. | 0.39% | 21,355 | $3.4M | Add +2.2% |
| VGT Vanguard Info Tech ETF | 0.36% | 4,701 | $3.1M | Add +6.4% |
| SCHP Schwab U.S. Tips ETF | 0.35% | 115,382 | $3.1M | Add +0.1% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.35% | 77,814 | $3.1M | Reduce -4.1% |
| VIGI Vanguard Int Div App Indx FD | 0.35% | 34,081 | $3.1M | Reduce -1.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.35% | 124,028 | $3.0M | Add +9.1% |
| VNQ Vanguard Real Estate ETF | 0.34% | 32,781 | $2.9M | Add +2.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.31% | 28,828 | $2.7M | Reduce -5.9% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.29% | 31,805 | $2.5M | Reduce -1.8% |
| SCHG Schwab US Large-Cap Growth | 0.29% | 85,906 | $2.5M | Add +10.3% |
| VYM Vanguard High DVD Yield ETF | 0.29% | 18,802 | $2.5M | Reduce -0.7% |
| SCHO Schwab Short-Term US Treas | 0.27% | 96,367 | $2.3M | Add +1.6% |
| VTIP Vanguard Short-Term Tips | 0.26% | 45,722 | $2.3M | Add +2.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.26% | 8,077 | $2.3M | Reduce -0.4% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.23% | 67,673 | $2.0M | Reduce -6.8% |
| FREL Fidelity MSCI RL Est Indx | 0.22% | 71,751 | $1.9M | Add +3.5% |
| ITA iShares U.S. Aerospace & Def | 0.22% | 10,081 | $1.9M | Reduce -13.5% |
| COST Costco Wholesale Corp. | 0.21% | 1,867 | $1.8M | Add +8.6% |
| CEF Sprott Physical Gold and Sil | 0.21% | 60,383 | $1.8M | Reduce -6.9% |
| MBB iShares MBS ETF | 0.21% | 19,301 | $1.8M | Reduce -6.2% |
| HD Home Depot Inc. | 0.20% | 4,831 | $1.8M | Reduce -4.6% |
| GOOGL Alphabet Inc. Class A | 0.20% | 10,047 | $1.8M | Add +2.9% |
| IEMG iShares Core MSCI Emerging | 0.20% | 28,352 | $1.7M | Add +31.1% |
| META Meta Platforms Inc. Class A | 0.19% | 2,190 | $1.6M | Reduce -9.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.19% | 69,487 | $1.6M | Reduce -8.9% |
| JPM JPMorgan Chase & Co. | 0.18% | 5,489 | $1.6M | Add +0.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.18% | 19,070 | $1.6M | Reduce -4.0% |
| SDY SS SPDR S&P Dividend ETF | 0.18% | 11,615 | $1.6M | Reduce -3.7% |
| PWZ Invesco California Amt-Free | 0.17% | 62,801 | $1.5M | Reduce -21.4% |
| CRM Salesforce Inc. | 0.15% | 4,887 | $1.3M | Reduce -25.9% |
| XOM Exxon Mobil Corp. | 0.15% | 12,163 | $1.3M | Add +26.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.15% | 5,363 | $1.3M | Add +27.8% |
| SMH Vaneck Semiconductor ETF | 0.14% | 4,507 | $1.3M | Reduce -15.8% |
| AOA iShares Core 80/20 Aggressiv | 0.14% | 14,453 | $1.2M | Add +13.0% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.14% | 14,922 | $1.2M | Add +1.3% |
| WFC Wells Fargo & Co. | 0.14% | 14,806 | $1.2M | Reduce -28.1% |
| XLV SS Health Care Select Sector | 0.14% | 8,795 | $1.2M | Reduce -10.6% |
| MUB iShares National Muni Bond E | 0.13% | 10,925 | $1.1M | Reduce -17.4% |
| TLT iShares 20+ Year Treasury BD | 0.13% | 12,842 | $1.1M | Reduce -12.6% |
| IVE iShares S&P 500 Value ETF | 0.13% | 5,650 | $1.1M | Add +3.8% |
| WMT Walmart Inc. | 0.12% | 10,942 | $1.1M | Reduce -2.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.12% | 12,749 | $1.1M | New |
| PEP Pepsico Inc. | 0.12% | 7,995 | $1.1M | Reduce -0.4% |
| SPLV Invesco S&P 500 Low Volatili | 0.12% | 14,337 | $1.0M | Add +0.1% |
| PFF iShares Preferred & Income S | 0.11% | 31,869 | $978K | Reduce -8.2% |
| INTC Intel Corp. | 0.11% | 43,003 | $963K | Reduce -22.8% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -1.7% | 3.38% | −0.68 |
| SCHD Schwab US DVD Equity ETF | Reduce -1.0% | 3.59% | −0.58 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -4.6% | 1.16% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -10.1% | 0.45% | −0.15 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.2% | 2.93% | −0.14 |
| VTWO Vanguard Russell 2000 ETF | Reduce -7.2% | 1.04% | −0.09 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -1.2% | 0.78% | −0.08 |
| PWZ Invesco California Amt-Free | Reduce -21.4% | 0.17% | −0.07 |
| CRM Salesforce Inc. | Reduce -25.9% | 0.15% | −0.07 |
| CMF iShares California Muni Bond | Reduce -6.0% | 0.39% | −0.07 |
| CGXU Cap Group Intl Focus | Reduce -55.9% | 0.05% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.3% | 1.86% | −0.05 |
| WFC Wells Fargo & Co. | Reduce -28.1% | 0.14% | −0.05 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -5.9% | 0.31% | −0.05 |
| INTC Intel Corp. | Reduce -22.8% | 0.11% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -2.7% | 1.32% | −0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -28.0% | 0.08% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -10.6% | 0.14% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -17.4% | 0.13% | −0.04 |
| HEI Heico Corp. | Reduce -50.9% | 0.05% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.04 |
| TLT iShares 20+ Year Treasury BD | Reduce -12.6% | 0.13% | −0.04 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -8.9% | 0.19% | −0.04 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.04 |
| MBB iShares MBS ETF | Reduce -6.2% | 0.21% | −0.03 |
| ABBV Abbvie Inc. | Reduce -4.9% | 0.11% | −0.03 |
| WCLD Wisdomtree Cloud Computing | Reduce -47.8% | 0.04% | −0.03 |
| GLD SPDR Gold Shares | Reduce -3.0% | 0.50% | −0.03 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.03 |
| TSLA Tesla Inc. | Reduce -34.1% | 0.09% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.4% | 0.12% | −0.03 |
| CVX Chevron Corp. | Reduce -9.2% | 0.07% | −0.03 |
| HD Home Depot Inc. | Reduce -4.6% | 0.20% | −0.03 |
| LH Labcorp Holdings Inc. | Sold out | 0.00% | −0.03 |
| QGRW Wisdomtree US Quality Growth | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -19.9% | 0.06% | −0.03 |
| JPEF JPMorgan Equity Focus ETF | Reduce -42.4% | 0.04% | −0.03 |
| RSPT Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.03 |
| IYE iShares U.S. Energy ETF | Sold out | 0.00% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -4.0% | 0.18% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -3.7% | 0.18% | −0.02 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -1.8% | 0.29% | −0.02 |
| CEF Sprott Physical Gold and Sil | Reduce -6.9% | 0.21% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -12.9% | 0.09% | −0.02 |
| RSP Invesco S&P 500 Equal Weight | Reduce -32.1% | 0.04% | −0.02 |
| PFF iShares Preferred & Income S | Reduce -8.2% | 0.11% | −0.02 |
| FTSM First Trust Enh Short Mat FD | Reduce -20.1% | 0.05% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.7% | 0.29% | −0.02 |
| XLE SS Energy Select Sector | Reduce -6.0% | 0.06% | −0.02 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -6.8% | 0.23% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| QQQM Invesco Nasdaq 100 ETF | Add +1.6% | 3.66% | +0.32 |
| IXUS iShares Core Intl Stock ETF | Add +16.8% | 1.90% | +0.30 |
| JPIE JPMorgan Income ETF | Add +25.8% | 1.81% | +0.25 |
| IBND SS SPDR BB Intl Corp. BD ETF | Add +17.0% | 1.54% | +0.24 |
| IVV iShares Core S&P 500 ETF | Add +1.5% | 8.77% | +0.24 |
| EFG iShares MSCI Eafe Growth ETF | Add +16.6% | 1.33% | +0.22 |
| CWI State Street SPDR MSCI Acwi | Add +5.1% | 2.95% | +0.18 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.12% | +0.12 |
| SCHA Schwab US Small-Cap ETF | Add +26.6% | 0.58% | +0.12 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +14.3% | 0.56% | +0.11 |
| NVDA Nvidia Corp. | Add +2.2% | 0.39% | +0.10 |
| DFCA Dimensional Calfornia MB ETF | New | 0.10% | +0.10 |
| EFA iShares MSCI Eafe ETF | Add +11.1% | 0.89% | +0.09 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Add +4.7% | 1.18% | +0.08 |
| AOR iShares Core 60/40 Balanced | Add +16.5% | 0.63% | +0.08 |
| SCHX Schwab US Large-Cap ETF | Add +3.0% | 1.49% | +0.06 |
| VGT Vanguard Info Tech ETF | Add +6.4% | 0.36% | +0.06 |
| DGRW Wisdomtree U.S. Quality Divi | Add +11.7% | 0.79% | +0.05 |
| IEMG iShares Core MSCI Emerging | Add +31.1% | 0.20% | +0.05 |
| SCHG Schwab US Large-Cap Growth | Add +10.3% | 0.29% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.4% | 2.40% | +0.04 |
| SPEU State Street SPDR Portfolio | Add +114.7% | 0.08% | +0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.04% | +0.04 |
| AOM iShares Core 40/60 Moderate | Add +9.8% | 0.65% | +0.03 |
| JPST JPMorgan Ultra-Short Income | Add +57.5% | 0.10% | +0.03 |
| FXE Invesco Currencyshares Euro | New | 0.03% | +0.03 |
| NBIS Nebius Group NV | New | 0.03% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +27.8% | 0.15% | +0.03 |
| VIS Vanguard Industrials ETF | New | 0.03% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +2.5% | 1.04% | +0.03 |
| VXUS Vanguard Total Intl Stock | New | 0.03% | +0.03 |
| IWO iShares Russell 2000 Growth | New | 0.02% | +0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.02% | +0.02 |
| GEV GE Vernova Inc. | New | 0.02% | +0.02 |
| XLF SS Financial Select Sector | New | 0.02% | +0.02 |
| NOW ServiceNow Inc. | New | 0.02% | +0.02 |
| VAW Vanguard Materials ETF | New | 0.02% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +2.8% | 0.54% | +0.02 |
| JMUB JPMorgan Municipal ETF | Add +50.6% | 0.08% | +0.02 |
| INDA iShares MSCI India ETF | Add +59.2% | 0.05% | +0.02 |
| SCHV Schwab US Large-Cap Value | Add +28.6% | 0.10% | +0.02 |
| AVGO Broadcom Inc. | Add +3.2% | 0.05% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | Add +2.6% | 1.02% | +0.02 |
| AOA iShares Core 80/20 Aggressiv | Add +13.0% | 0.14% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +2.9% | 0.20% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 0.18% | +0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +9.1% | 0.35% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +7.6% | 1.36% | +0.01 |
| DIS The Walt Disney Co. | Add +14.0% | 0.05% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.6% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 232 | $1.2B | IVV, QQQ, QQQM, AAPL, VTV |
| Q1 2026 | 232 | $1.0B | IVV, QQQ, AAPL, QQQM, SPAB |
| Q4 2025 | 224 | $996.6M | IVV, QQQ, AAPL, QQQM, SPAB |
| Q3 2025 | 225 | $957.7M | IVV, QQQ, AAPL, QQQM, SCHD |
| Q2 2025 | 222 | $867.9M | IVV, QQQ, QQQM, SCHD, AAPL |
| Q1 2025 | 216 | $795.4M | IVV, QQQ, SCHD, AAPL, QQQM |
| Q4 2024 | 212 | $799.7M | IVV, AAPL, QQQ, SCHD, QQQM |
| Q3 2024 | 214 | $785.1M | IVV, QQQ, AAPL, SCHD, QQQM |
| Q2 2024 | 206 | $726.6M | IVV, QQQ, AAPL, SCHD, QQQM |
| Q1 2024 | 212 | $700.8M | IVV, QQQ, SCHD, AAPL, VIG |