Lodestar Private Asset Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Lodestar Private Asset Management LLC reported 225 stock positions worth $957.7 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, 4.2%) and Apple (AAPL, 3.9%). Compared with Q2 2025, it opened 9 new positions, sold out of 6, added to 114 and reduced 75. The biggest buy was Apple (AAPL, shares +2%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- ALAMO, CA
- CIK
- 0001963040
- Portfolio Value
- $957.7M (Q3 2025)
- SEC Filing
- 0001963040-25-000006 ↗ filed Oct 28, 2025
Holdings Value
Holdings 225 stocks · $957.7M
| IVV iShares Core S&P 500 ETF | 8.80% | 125,919 | $84.3M | Add +2.7% |
| QQQ Invesco QQQ Trust Series 1 | 4.24% | 67,706 | $40.6M | Reduce -3.5% |
| AAPL Apple Inc. | 3.89% | 146,315 | $37.3M | Add +2.3% |
| QQQM Invesco Nasdaq 100 ETF | 3.73% | 144,630 | $35.7M | Add +3.4% |
| SCHD Schwab US DVD Equity ETF | 3.50% | 1,228,111 | $33.5M | Add +4.6% |
| SPAB SS SPDR P Agg Bond ETF | 3.14% | 1,162,582 | $30.1M | Add +10.0% |
| CWI State Street SPDR MSCI Acwi | 2.91% | 798,909 | $27.9M | Add +1.8% |
| VIG Vanguard Dividend Apprec ETF | 2.80% | 124,355 | $26.8M | Add +0.2% |
| BIV Vanguard Intermediate-Term B | 2.41% | 295,979 | $23.1M | Add +21.1% |
| VTI VG Morningstar TS MKT ETF-US | 2.41% | 70,329 | $23.1M | Add +2.5% |
| IXUS iShares Core Intl Stock ETF | 2.10% | 243,540 | $20.1M | Add +14.0% |
| JPIE JPMorgan Income ETF | 2.06% | 425,203 | $19.7M | Add +25.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.96% | 28,152 | $18.8M | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 1.82% | 146,401 | $17.4M | Add +5.5% |
| IJH iShares Core S&P Midcap ETF | 1.78% | 261,871 | $17.1M | Add +0.8% |
| IBND SS SPDR BB Intl Corp. BD ETF | 1.71% | 507,703 | $16.4M | Add +24.1% |
| VOO Vanguard S&P 500 ETF | 1.68% | 26,276 | $16.1M | Reduce -11.0% |
| SCHB Schwab US Broad Market ETF | 1.66% | 618,506 | $15.9M | Reduce -1.0% |
| SCHX Schwab US Large-Cap ETF | 1.43% | 519,593 | $13.7M | Reduce -2.1% |
| VEA Vanguard Ftse Developed ETF | 1.38% | 220,547 | $13.2M | Add +1.6% |
| IWM iShares Russell 2000 ETF | 1.38% | 54,443 | $13.2M | Add +2.9% |
| EFG iShares MSCI Eafe Growth ETF | 1.34% | 112,939 | $12.9M | Add +9.4% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.33% | 273,164 | $12.8M | Add +4.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.32% | 68,023 | $12.7M | Add +1.9% |
| XLK SS Technology Select Sector | 1.28% | 43,662 | $12.3M | Reduce -8.7% |
| SCHM Schwab US Mid Cap ETF | 1.28% | 414,709 | $12.3M | Add +6.4% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 1.23% | 309,270 | $11.7M | Add +4.0% |
| DBEF Xtrackers MSCI Eafe Hedged E | 1.10% | 227,508 | $10.6M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.08% | 47,008 | $10.3M | Reduce -0.8% |
| VTWO Vanguard Russell 2000 ETF | 1.07% | 105,242 | $10.3M | Add +1.4% |
| VWO Vanguard Ftse Emerging Marke | 1.07% | 188,471 | $10.2M | Add +2.9% |
| IWR iShares Russell Mid-Cap ETF | 0.99% | 98,124 | $9.5M | Add +2.4% |
| SCHF Schwab Intl Equity ETF | 0.92% | 379,750 | $8.8M | Reduce -4.4% |
| BNDX Vanguard Total Intl Bond ETF | 0.89% | 173,146 | $8.6M | Add +4.8% |
| EFA iShares MSCI Eafe ETF | 0.89% | 91,199 | $8.5M | Add +5.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.85% | 114,297 | $8.2M | Add +0.8% |
| DGRW Wisdomtree U.S. Quality Divi | 0.76% | 81,632 | $7.3M | Reduce -0.4% |
| GLDM SPDR Gold Minishares Trust | 0.72% | 90,591 | $6.9M | Add +8.9% |
| JCPB JPMorgan Core Plus Bond ETF | 0.72% | 145,180 | $6.9M | Add +1.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.69% | 21,513 | $6.6M | Reduce -2.2% |
| MDY State Street SPDR S&P Midcap | 0.68% | 10,981 | $6.5M | Add +1.1% |
| AOR iShares Core 60/40 Balanced | 0.68% | 101,063 | $6.5M | Add +13.7% |
| IAGG iShares Intl Aggregate Bond | 0.68% | 126,319 | $6.5M | Add +2.7% |
| AOM iShares Core 40/60 Moderate | 0.67% | 135,193 | $6.4M | Add +10.7% |
| SCHA Schwab US Small-Cap ETF | 0.60% | 204,979 | $5.7M | Add +2.3% |
| TIP iShares Tips Bond ETF | 0.57% | 48,927 | $5.4M | Add +15.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.55% | 11,009 | $5.3M | Reduce -0.8% |
| GLD SPDR Gold Shares | 0.53% | 14,388 | $5.1M | Add +0.4% |
| IWB iShares Russell 1000 ETF | 0.53% | 13,822 | $5.1M | Reduce -0.1% |
| MSFT Microsoft Corp. | 0.51% | 9,420 | $4.9M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.49% | 9,258 | $4.7M | Add +15.3% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.45% | 53,456 | $4.3M | Add +9.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.45% | 80,804 | $4.3M | Add +6.9% |
| NVDA Nvidia Corp. | 0.43% | 22,118 | $4.1M | Add +3.6% |
| VGT Vanguard Info Tech ETF | 0.36% | 4,654 | $3.5M | Reduce -1.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.35% | 126,991 | $3.3M | Add +2.4% |
| VNQ Vanguard Real Estate ETF | 0.34% | 35,608 | $3.3M | Add +8.6% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.34% | 76,404 | $3.2M | Reduce -1.8% |
| SCHP Schwab U.S. Tips ETF | 0.33% | 117,970 | $3.2M | Add +2.2% |
| CMF iShares California Muni Bond | 0.33% | 55,440 | $3.2M | Reduce -8.5% |
| VIGI Vanguard Int Div App Indx FD | 0.33% | 35,101 | $3.1M | Add +3.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.28% | 28,606 | $2.7M | Reduce -0.8% |
| VYM Vanguard High DVD Yield ETF | 0.28% | 19,139 | $2.7M | Add +1.8% |
| SCHO Schwab Short-Term US Treas | 0.28% | 110,390 | $2.7M | Add +14.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.27% | 29,899 | $2.6M | Add +134.5% |
| GOOGL Alphabet Inc. Class A | 0.27% | 10,720 | $2.6M | Add +6.7% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.27% | 31,017 | $2.6M | Reduce -2.5% |
| IEMG iShares Core MSCI Emerging | 0.26% | 37,655 | $2.5M | Add +32.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.26% | 8,321 | $2.4M | Add +3.0% |
| VTIP Vanguard Short-Term Tips | 0.25% | 47,152 | $2.4M | Add +3.1% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.24% | 68,882 | $2.3M | Add +1.8% |
| CEF Sprott Physical Gold and Sil | 0.22% | 57,531 | $2.1M | Reduce -4.7% |
| FREL Fidelity MSCI RL Est Indx | 0.22% | 74,904 | $2.1M | Add +4.4% |
| ITA iShares U.S. Aerospace & Def | 0.21% | 9,838 | $2.1M | Reduce -2.4% |
| HD Home Depot Inc. | 0.21% | 4,850 | $2.0M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.20% | 6,018 | $1.9M | Add +9.6% |
| SCHG Schwab US Large-Cap Growth | 0.20% | 59,018 | $1.9M | Reduce -31.3% |
| COST Costco Wholesale Corp. | 0.19% | 1,947 | $1.8M | Add +4.3% |
| MBB iShares MBS ETF | 0.19% | 18,806 | $1.8M | Reduce -2.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.17% | 69,589 | $1.6M | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.17% | 2,190 | $1.6M | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.17% | 19,241 | $1.6M | Add +0.9% |
| SDY SS SPDR S&P Dividend ETF | 0.17% | 11,286 | $1.6M | Reduce -2.8% |
| PWZ Invesco California Amt-Free | 0.16% | 64,152 | $1.5M | Add +2.1% |
| AOA iShares Core 80/20 Aggressiv | 0.16% | 16,873 | $1.5M | Add +16.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.15% | 5,790 | $1.5M | Add +8.0% |
| INTC Intel Corp. | 0.14% | 41,097 | $1.4M | Reduce -4.4% |
| ORCL Oracle Corp. | 0.14% | 4,735 | $1.3M | Add +10.3% |
| XOM Exxon Mobil Corp. | 0.14% | 11,661 | $1.3M | Reduce -4.1% |
| GOOG Alphabet Inc. Class C | 0.13% | 5,129 | $1.2M | Reduce -0.8% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.13% | 13,886 | $1.2M | Reduce -6.9% |
| CRM Salesforce Inc. | 0.12% | 4,887 | $1.2M | No change |
| ABBV Abbvie Inc. | 0.12% | 4,989 | $1.2M | Reduce -2.3% |
| WFC Wells Fargo & Co. | 0.12% | 13,760 | $1.2M | Reduce -7.1% |
| IVE iShares S&P 500 Value ETF | 0.12% | 5,542 | $1.1M | Reduce -1.9% |
| WMT Walmart Inc. | 0.12% | 10,976 | $1.1M | Add +0.3% |
| PEP Pepsico Inc. | 0.12% | 7,995 | $1.1M | No change |
| DFCA Dimensional Calfornia MB ETF | 0.11% | 21,850 | $1.1M | Add +23.4% |
| SPLV Invesco S&P 500 Low Volatili | 0.11% | 14,286 | $1.0M | Reduce -0.4% |
| TSLA Tesla Inc. | 0.11% | 2,346 | $1.0M | No change |
Portfolio Sells Q2 2025 → Q3 2025
| VOO Vanguard S&P 500 ETF | Reduce -11.0% | 1.68% | −0.25 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.5% | 4.24% | −0.21 |
| AMZN Amazon.com Inc. | Reduce -0.8% | 1.08% | −0.12 |
| XLK SS Technology Select Sector | Reduce -8.7% | 1.28% | −0.11 |
| SCHG Schwab US Large-Cap Growth | Reduce -31.3% | 0.20% | −0.09 |
| SCHF Schwab Intl Equity ETF | Reduce -4.4% | 0.92% | −0.09 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.08 |
| SMH Vaneck Semiconductor ETF | Reduce -51.6% | 0.07% | −0.07 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.1% | 1.43% | −0.07 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -1.3% | 1.10% | −0.06 |
| CMF iShares California Muni Bond | Reduce -8.5% | 0.33% | −0.06 |
| SCHB Schwab US Broad Market ETF | Reduce -1.0% | 1.66% | −0.06 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.04 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -20.6% | 0.10% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -19.6% | 0.10% | −0.03 |
| INDA iShares MSCI India ETF | Reduce -54.7% | 0.02% | −0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -0.4% | 0.76% | −0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -2.2% | 0.69% | −0.03 |
| WCBR Wisdomtree Cybersecurity FND | Sold out | 0.00% | −0.03 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -40.4% | 0.04% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Reduce -14.3% | 0.10% | −0.03 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.8% | 0.28% | −0.03 |
| SCHY Schwab International DVD ETF | Reduce -18.9% | 0.08% | −0.03 |
| IWO iShares Russell 2000 Growth | Sold out | 0.00% | −0.02 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.02 |
| MBB iShares MBS ETF | Reduce -2.6% | 0.19% | −0.02 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -2.5% | 0.27% | −0.02 |
| CGDV Cap Group Dividend Value | Reduce -1.8% | 0.34% | −0.02 |
| V Visa Inc. Class A | Reduce -4.1% | 0.09% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -2.8% | 0.17% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -7.1% | 0.12% | −0.02 |
| ADBE Adobe Inc. | Reduce -4.6% | 0.05% | −0.01 |
| WCLD Wisdomtree Cloud Computing | Reduce -31.1% | 0.02% | −0.01 |
| WOOD iShares Global Timber & Fore | Reduce -20.0% | 0.04% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -10.6% | 0.07% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -4.1% | 0.14% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -0.1% | 0.53% | −0.01 |
| DIS The Walt Disney Co. | Reduce -9.0% | 0.04% | −0.01 |
| CGXU Cap Group Intl Focus | Reduce -23.8% | 0.04% | −0.01 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -0.4% | 0.11% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.8% | 0.55% | −0.01 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -6.9% | 0.13% | −0.01 |
| FMS Fresenius Medical Care-ADR | Reduce -2.5% | 0.04% | −0.01 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -2.2% | 0.07% | −0.01 |
| SPEU State Street SPDR Portfolio | Reduce -4.6% | 0.07% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Reduce -14.8% | 0.03% | −0.01 |
| JMUB JPMorgan Municipal ETF | Reduce -2.6% | 0.07% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -1.9% | 0.12% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Reduce -16.6% | 0.02% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +2.3% | 3.89% | +0.51 |
| JPIE JPMorgan Income ETF | Add +25.7% | 2.06% | +0.25 |
| BIV Vanguard Intermediate-Term B | Add +21.1% | 2.41% | +0.24 |
| IXUS iShares Core Intl Stock ETF | Add +14.0% | 2.10% | +0.20 |
| IBND SS SPDR BB Intl Corp. BD ETF | Add +24.1% | 1.71% | +0.18 |
| IEFA iShares Core MSCI Eafe ETF | Add +134.5% | 0.27% | +0.15 |
| GLDM SPDR Gold Minishares Trust | Add +8.9% | 0.72% | +0.10 |
| QQQM Invesco Nasdaq 100 ETF | Add +3.4% | 3.73% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +5.5% | 1.82% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +6.7% | 0.27% | +0.07 |
| IEMG iShares Core MSCI Emerging | Add +32.8% | 0.26% | +0.06 |
| IWM iShares Russell 2000 ETF | Add +2.9% | 1.38% | +0.06 |
| AOR iShares Core 60/40 Balanced | Add +13.7% | 0.68% | +0.05 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Add +4.0% | 1.23% | +0.04 |
| ESGU iShares ESG Aware MSCI USA | Add +121.2% | 0.08% | +0.04 |
| NVDA Nvidia Corp. | Add +3.6% | 0.43% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +15.3% | 0.49% | +0.04 |
| NULV Nuveen ESG Large-Cap Val ETF | New | 0.04% | +0.04 |
| VSGX Vanguard ESG Intl Stock ETF | Add +74.1% | 0.09% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | New | 0.04% | +0.04 |
| TIP iShares Tips Bond ETF | Add +15.8% | 0.57% | +0.03 |
| VTWO Vanguard Russell 2000 ETF | Add +1.4% | 1.07% | +0.03 |
| ORCL Oracle Corp. | Add +10.3% | 0.14% | +0.03 |
| GLD SPDR Gold Shares | Add +0.4% | 0.53% | +0.03 |
| ESIX SS SPDR S&P 600 SC ESG ETF | New | 0.03% | +0.03 |
| NBIS Nebius Group NV | Add +4.7% | 0.06% | +0.03 |
| XJH Ishare ESG SS S&P Midcap ETF | New | 0.03% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +2.7% | 8.80% | +0.03 |
| ESGV Vanguard ESG US Stock ETF | Add +44.3% | 0.09% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | New | 0.03% | +0.03 |
| EAOR iShares ESG Aware 60/40 Bala | New | 0.03% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +104.2% | 0.05% | +0.02 |
| SCHM Schwab US Mid Cap ETF | Add +6.4% | 1.28% | +0.02 |
| AOM iShares Core 40/60 Moderate | Add +10.7% | 0.67% | +0.02 |
| BMRC Bank of Marin Bancorp | New | 0.02% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +2.9% | 1.07% | +0.02 |
| IBM Intl Business Machines Corp. | Add +54.2% | 0.09% | +0.02 |
| LH Labcorp Holdings Inc. | New | 0.02% | +0.02 |
| BND Vanguard Total Bond Market | Add +61.9% | 0.07% | +0.02 |
| IYE iShares U.S. Energy ETF | New | 0.02% | +0.02 |
| CSCO Cisco Systems Inc. | Add +58.8% | 0.07% | +0.02 |
| JNJ Johnson & Johnson | Add +23.0% | 0.08% | +0.02 |
| SPAB SS SPDR P Agg Bond ETF | Add +10.0% | 3.14% | +0.02 |
| AOA iShares Core 80/20 Aggressiv | Add +16.7% | 0.16% | +0.02 |
| CAT Caterpillar Inc. | Add +28.1% | 0.05% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +9.6% | 0.20% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +7.5% | 0.09% | +0.01 |
| PANW Palo Alto Networks Inc. | Add +49.2% | 0.05% | +0.01 |
| GEV GE Vernova Inc. | Add +48.5% | 0.04% | +0.01 |
| DFCA Dimensional Calfornia MB ETF | Add +23.4% | 0.11% | +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 |