Lodestar Private Asset Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Lodestar Private Asset Management LLC reported 224 stock positions worth $996.6 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 8.9% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.1%) and Apple (AAPL, 3.9%). Compared with Q3 2025, it opened 7 new positions, sold out of 8, added to 86 and reduced 109. The biggest buy was Vanguard Mrngstr Val ETF-Aui (VTV, shares +101%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- ALAMO, CA
- CIK
- 0001963040
- Portfolio Value
- $996.6M (Q4 2025)
- SEC Filing
- 0001963040-26-000001 ↗ filed Jan 27, 2026
Holdings Value
Holdings 224 stocks · $996.6M
| IVV iShares Core S&P 500 ETF | 8.89% | 129,397 | $88.6M | Add +2.8% |
| QQQ Invesco QQQ Trust Series 1 | 4.08% | 66,190 | $40.7M | Reduce -2.2% |
| AAPL Apple Inc. | 3.93% | 144,022 | $39.2M | Reduce -1.6% |
| QQQM Invesco Nasdaq 100 ETF | 3.69% | 145,409 | $36.8M | Add +0.5% |
| SPAB SS SPDR P Agg Bond ETF | 3.24% | 1,254,232 | $32.3M | Add +7.9% |
| CWI State Street SPDR MSCI Acwi | 3.01% | 833,994 | $30.0M | Add +4.4% |
| VIG Vanguard Dividend Apprec ETF | 2.70% | 122,393 | $26.9M | Reduce -1.6% |
| IXUS iShares Core Intl Stock ETF | 2.68% | 315,422 | $26.7M | Add +29.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.63% | 137,050 | $26.2M | Add +101.5% |
| BIV Vanguard Intermediate-Term B | 2.60% | 333,210 | $26.0M | Add +12.6% |
| VTI VG Morningstar TS MKT ETF-US | 2.43% | 72,119 | $24.2M | Add +2.5% |
| JPIE JPMorgan Income ETF | 2.42% | 520,833 | $24.1M | Add +22.5% |
| SCHD Schwab US DVD Equity ETF | 2.14% | 776,322 | $21.3M | Reduce -36.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.94% | 28,389 | $19.4M | Add +0.8% |
| IJR iShares Core S&P Small-Cap E | 1.84% | 152,453 | $18.3M | Add +4.1% |
| IBND SS SPDR BB Intl Corp. BD ETF | 1.81% | 562,633 | $18.1M | Add +10.8% |
| IJH iShares Core S&P Midcap ETF | 1.75% | 263,897 | $17.4M | Add +0.8% |
| VOO Vanguard S&P 500 ETF | 1.64% | 25,993 | $16.3M | Reduce -1.1% |
| SCHB Schwab US Broad Market ETF | 1.59% | 602,416 | $15.8M | Reduce -2.6% |
| VEA Vanguard Ftse Developed ETF | 1.43% | 228,335 | $14.3M | Add +3.5% |
| SCHX Schwab US Large-Cap ETF | 1.41% | 522,177 | $14.1M | Add +0.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.36% | 291,471 | $13.6M | Add +6.7% |
| SCHM Schwab US Mid Cap ETF | 1.36% | 449,739 | $13.5M | Add +8.4% |
| VWO Vanguard Ftse Emerging Marke | 1.31% | 243,691 | $13.1M | Add +29.3% |
| IWM iShares Russell 2000 ETF | 1.31% | 52,994 | $13.0M | Reduce -2.7% |
| XLK SS Technology Select Sector | 1.23% | 85,462 | $12.3M | Reduce -2.1% |
| DBEF Xtrackers MSCI Eafe Hedged E | 1.11% | 229,105 | $11.0M | Add +0.7% |
| AMZN Amazon.com Inc. | 1.08% | 46,593 | $10.8M | Reduce -0.9% |
| VTWO Vanguard Russell 2000 ETF | 1.06% | 106,085 | $10.6M | Add +0.8% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.94% | 240,888 | $9.4M | Reduce -22.1% |
| IWR iShares Russell Mid-Cap ETF | 0.93% | 95,861 | $9.2M | Reduce -2.3% |
| EFG iShares MSCI Eafe Growth ETF | 0.91% | 79,549 | $9.1M | Reduce -29.6% |
| SCHF Schwab Intl Equity ETF | 0.89% | 370,085 | $8.9M | Reduce -2.5% |
| EFA iShares MSCI Eafe ETF | 0.89% | 91,965 | $8.8M | Add +0.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.88% | 181,256 | $8.8M | Add +4.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.88% | 119,002 | $8.8M | Add +4.1% |
| GLDM SPDR Gold Minishares Trust | 0.78% | 91,213 | $7.8M | Add +0.7% |
| DGRW Wisdomtree U.S. Quality Divi | 0.75% | 83,048 | $7.4M | Add +1.7% |
| JCPB JPMorgan Core Plus Bond ETF | 0.71% | 150,110 | $7.1M | Add +3.4% |
| AOR iShares Core 60/40 Balanced | 0.71% | 109,190 | $7.1M | Add +8.0% |
| MDY State Street SPDR S&P Midcap | 0.69% | 11,325 | $6.8M | Add +3.1% |
| AOM iShares Core 40/60 Moderate | 0.68% | 142,244 | $6.8M | Add +5.2% |
| IAGG iShares Intl Aggregate Bond | 0.67% | 132,679 | $6.6M | Add +5.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.65% | 20,535 | $6.5M | Reduce -4.5% |
| SCHA Schwab US Small-Cap ETF | 0.59% | 207,560 | $5.9M | Add +1.3% |
| TIP iShares Tips Bond ETF | 0.58% | 52,533 | $5.8M | Add +7.4% |
| GLD SPDR Gold Shares | 0.55% | 13,844 | $5.5M | Reduce -3.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.52% | 10,557 | $5.2M | Reduce -4.1% |
| IWB iShares Russell 1000 ETF | 0.52% | 13,757 | $5.1M | Reduce -0.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.48% | 59,590 | $4.8M | Add +11.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.47% | 88,897 | $4.7M | Add +10.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.46% | 9,179 | $4.6M | Reduce -0.8% |
| MSFT Microsoft Corp. | 0.45% | 9,354 | $4.5M | Reduce -0.7% |
| NVDA Nvidia Corp. | 0.43% | 22,731 | $4.2M | Add +2.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 39,675 | $3.5M | Add +32.7% |
| VGT Vanguard Info Tech ETF | 0.34% | 4,544 | $3.4M | Reduce -2.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.34% | 125,197 | $3.4M | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 0.34% | 10,735 | $3.4M | Add +0.1% |
| SCHP Schwab U.S. Tips ETF | 0.33% | 123,189 | $3.3M | Add +4.4% |
| VNQ Vanguard Real Estate ETF | 0.32% | 36,550 | $3.2M | Add +2.6% |
| CMF iShares California Muni Bond | 0.31% | 53,487 | $3.1M | Reduce -3.5% |
| VIGI Vanguard Int Div App Indx FD | 0.29% | 32,061 | $2.9M | Reduce -8.7% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.29% | 66,078 | $2.9M | Reduce -13.5% |
| SCHO Schwab Short-Term US Treas | 0.29% | 117,887 | $2.9M | Add +6.8% |
| IEMG iShares Core MSCI Emerging | 0.28% | 40,958 | $2.8M | Add +8.8% |
| CEF Sprott Physical Gold and Sil | 0.26% | 56,755 | $2.6M | Reduce -1.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.26% | 27,478 | $2.6M | Reduce -3.9% |
| VYM Vanguard High DVD Yield ETF | 0.25% | 17,660 | $2.5M | Reduce -7.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.25% | 8,671 | $2.5M | Add +4.2% |
| VTIP Vanguard Short-Term Tips | 0.25% | 49,778 | $2.5M | Add +5.6% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.24% | 72,713 | $2.4M | Add +5.6% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.21% | 24,934 | $2.1M | Reduce -19.6% |
| ITA iShares U.S. Aerospace & Def | 0.21% | 9,791 | $2.1M | Reduce -0.5% |
| FREL Fidelity MSCI RL Est Indx | 0.21% | 76,579 | $2.1M | Add +2.2% |
| SCHG Schwab US Large-Cap Growth | 0.19% | 59,172 | $1.9M | Add +0.3% |
| AOA iShares Core 80/20 Aggressiv | 0.19% | 21,402 | $1.9M | Add +26.8% |
| JPM JPMorgan Chase & Co. | 0.19% | 5,942 | $1.9M | Reduce -1.3% |
| PWZ Invesco California Amt-Free | 0.17% | 69,375 | $1.7M | Add +8.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.16% | 70,156 | $1.6M | Add +0.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.16% | 19,630 | $1.6M | Add +2.0% |
| COST Costco Wholesale Corp. | 0.16% | 1,869 | $1.6M | Reduce -4.0% |
| GOOG Alphabet Inc. Class C | 0.16% | 5,069 | $1.6M | Reduce -1.2% |
| MBB iShares MBS ETF | 0.16% | 16,615 | $1.6M | Reduce -11.7% |
| INTC Intel Corp. | 0.15% | 41,097 | $1.5M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.15% | 5,707 | $1.5M | Reduce -1.4% |
| CRM Salesforce Inc. | 0.14% | 5,362 | $1.4M | Add +9.7% |
| META Meta Platforms Inc. Class A | 0.14% | 2,138 | $1.4M | Reduce -2.4% |
| XOM Exxon Mobil Corp. | 0.14% | 11,299 | $1.4M | Reduce -3.1% |
| SDY SS SPDR S&P Dividend ETF | 0.14% | 9,668 | $1.3M | Reduce -14.3% |
| HD Home Depot Inc. | 0.13% | 3,879 | $1.3M | Reduce -20.0% |
| IVE iShares S&P 500 Value ETF | 0.12% | 5,501 | $1.2M | Reduce -0.7% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.12% | 12,799 | $1.2M | Reduce -7.8% |
| PEP Pepsico Inc. | 0.11% | 7,770 | $1.1M | Reduce -2.8% |
| DFCA Dimensional Calfornia MB ETF | 0.11% | 22,124 | $1.1M | Add +1.3% |
| WFC Wells Fargo & Co. | 0.11% | 11,883 | $1.1M | Reduce -13.6% |
| LLY Eli Lilly & Co. | 0.11% | 1,018 | $1.1M | No change |
| ABBV Abbvie Inc. | 0.11% | 4,692 | $1.1M | Reduce -6.0% |
| XLV SS Health Care Select Sector | 0.11% | 6,915 | $1.1M | Reduce -1.0% |
| PFF iShares Preferred & Income S | 0.11% | 34,402 | $1.1M | Add +6.2% |
| WMT Walmart Inc. | 0.11% | 9,490 | $1.1M | Reduce -13.5% |
Portfolio Sells Q3 2025 → Q4 2025
| SCHD Schwab US DVD Equity ETF | Reduce -36.8% | 2.14% | −1.36 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -29.6% | 0.91% | −0.43 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Reduce -22.1% | 0.94% | −0.28 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.2% | 4.08% | −0.16 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.6% | 2.70% | −0.10 |
| SCHB Schwab US Broad Market ETF | Reduce -2.6% | 1.59% | −0.07 |
| HD Home Depot Inc. | Reduce -20.0% | 0.13% | −0.07 |
| IWM iShares Russell 2000 ETF | Reduce -2.7% | 1.31% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -2.3% | 0.93% | −0.06 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -19.6% | 0.21% | −0.06 |
| MSFT Microsoft Corp. | Reduce -0.7% | 0.45% | −0.06 |
| XLK SS Technology Select Sector | Reduce -2.1% | 1.23% | −0.05 |
| ORCL Oracle Corp. | Reduce -0.3% | 0.09% | −0.05 |
| CGDV Cap Group Dividend Value | Reduce -13.5% | 0.29% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -1.1% | 1.64% | −0.04 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -4.5% | 0.65% | −0.04 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.1% | 0.52% | −0.03 |
| VIGI Vanguard Int Div App Indx FD | Reduce -8.7% | 0.29% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -2.5% | 0.89% | −0.03 |
| SDY SS SPDR S&P Dividend ETF | Reduce -14.3% | 0.14% | −0.03 |
| MBB iShares MBS ETF | Reduce -11.7% | 0.16% | −0.03 |
| UCTT Ultra Clean Holdings Inc. | Sold out | 0.00% | −0.03 |
| VYM Vanguard High DVD Yield ETF | Reduce -7.7% | 0.25% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -4.0% | 0.16% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -2.4% | 0.14% | −0.03 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -3.9% | 0.26% | −0.02 |
| PM Philip Morris International | Sold out | 0.00% | −0.02 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 0.46% | −0.02 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.02 |
| NFLX Netflix Inc. | Reduce -4.1% | 0.06% | −0.02 |
| CMF iShares California Muni Bond | Reduce -3.5% | 0.31% | −0.02 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.02 |
| IYE iShares U.S. Energy ETF | Sold out | 0.00% | −0.02 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -2.4% | 0.34% | −0.02 |
| ABBV Abbvie Inc. | Reduce -6.0% | 0.11% | −0.01 |
| HON Honeywell International Inc. | Reduce -21.3% | 0.03% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Reduce -9.7% | 0.08% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -0.5% | 0.52% | −0.01 |
| WMT Walmart Inc. | Reduce -13.5% | 0.11% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -9.8% | 0.08% | −0.01 |
| CVX Chevron Corp. | Reduce -8.9% | 0.07% | −0.01 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -7.8% | 0.12% | −0.01 |
| ABT Abbott Laboratories | Reduce -12.5% | 0.04% | −0.01 |
| FTSM First Trust Enh Short Mat FD | Reduce -20.0% | 0.03% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -13.6% | 0.11% | −0.01 |
| BLK BlackRock Inc. | Reduce -9.6% | 0.04% | −0.01 |
| JMUB JPMorgan Municipal ETF | Reduce -9.1% | 0.06% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VTV Vanguard Mrngstr Val ETF-Aui | Add +101.5% | 2.63% | +1.30 |
| IXUS iShares Core Intl Stock ETF | Add +29.5% | 2.68% | +0.58 |
| JPIE JPMorgan Income ETF | Add +22.5% | 2.42% | +0.36 |
| VWO Vanguard Ftse Emerging Marke | Add +29.3% | 1.31% | +0.25 |
| BIV Vanguard Intermediate-Term B | Add +12.6% | 2.60% | +0.19 |
| SPAB SS SPDR P Agg Bond ETF | Add +7.9% | 3.24% | +0.10 |
| IBND SS SPDR BB Intl Corp. BD ETF | Add +10.8% | 1.81% | +0.10 |
| IVV iShares Core S&P 500 ETF | Add +2.8% | 8.89% | +0.09 |
| CWI State Street SPDR MSCI Acwi | Add +4.4% | 3.01% | +0.09 |
| IEFA iShares Core MSCI Eafe ETF | Add +32.7% | 0.36% | +0.08 |
| SCHM Schwab US Mid Cap ETF | Add +8.4% | 1.36% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.34% | +0.07 |
| GLDM SPDR Gold Minishares Trust | Add +0.7% | 0.78% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +3.5% | 1.43% | +0.05 |
| GBIL Goldman Sachs Access Treasur | New | 0.04% | +0.04 |
| AOA iShares Core 80/20 Aggressiv | Add +26.8% | 0.19% | +0.04 |
| AOR iShares Core 60/40 Balanced | Add +8.0% | 0.71% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +11.5% | 0.48% | +0.03 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +6.7% | 1.36% | +0.03 |
| GLW Corning Inc. | New | 0.03% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +4.1% | 0.88% | +0.03 |
| SPEM State Street SP PTF Em ETF | New | 0.03% | +0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +10.0% | 0.47% | +0.02 |
| IAU iShares Gold Trust | New | 0.02% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +4.1% | 1.84% | +0.02 |
| CRM Salesforce Inc. | Add +9.7% | 0.14% | +0.02 |
| ESGE iShares Inc. iShares ESG Awar | New | 0.02% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | New | 0.02% | +0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | New | 0.02% | +0.02 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +28.9% | 0.09% | +0.02 |
| CLSE Convergence Long/Short Eqy | Add +39.1% | 0.06% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +8.8% | 0.28% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.5% | 2.43% | +0.02 |
| AMD Advanced Micro Devices | Add +0.5% | 0.06% | +0.01 |
| VSGX Vanguard ESG Intl Stock ETF | Add +13.9% | 0.10% | +0.01 |
| TIP iShares Tips Bond ETF | Add +7.4% | 0.58% | +0.01 |
| AOM iShares Core 40/60 Moderate | Add +5.2% | 0.68% | +0.01 |
| PWZ Invesco California Amt-Free | Add +8.1% | 0.17% | +0.01 |
| SCHO Schwab Short-Term US Treas | Add +6.8% | 0.29% | +0.01 |
| GEV GE Vernova Inc. | Add +12.9% | 0.04% | +0.01 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +0.7% | 1.11% | +0.00 |
| JSCP JPMorgan Short Duration Core | Add +7.5% | 0.10% | +0.00 |
| ESIX SS SPDR S&P 600 SC ESG ETF | Add +13.1% | 0.03% | +0.00 |
| SCHY Schwab International DVD ETF | Add +0.4% | 0.08% | +0.00 |
| MDY State Street SPDR S&P Midcap | Add +3.1% | 0.69% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +5.6% | 0.05% | +0.00 |
| BND Vanguard Total Bond Market | Add +7.5% | 0.07% | +0.00 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Add +3.5% | 0.04% | +0.00 |
| PG The Procter & Gamble Co. | Add +14.0% | 0.06% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +0.5% | 0.04% | +0.00 |
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 |