Logan Stone Capital, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Logan Stone Capital, LLC reported 66 stock positions worth $220.2 million. Its top holding was iShares Broad Usd High Yield (USHY) at 15.1% of the portfolio, followed by Rex Osprey Sol Staking ETF (SSK, 10.3%) and Fox Class B (FOX, 8.8%). Compared with Q2 2025, it opened 19 new positions, sold out of 29, added to 13 and reduced 31. The biggest buy was a new position in Rex Osprey Sol Staking ETF (SSK) and the biggest sale iShares Bitcoin Trust ETF (IBIT, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001535521
- Portfolio Value
- $220.2M (Q3 2025)
- SEC Filing
- 0001214659-25-016627 ↗ filed Nov 14, 2025
Holdings Value
Holdings 66 stocks · $220.2M
| USHY iShares Broad Usd High Yield | 15.09% | 879,417 | $33.2M | Add +187.6% |
| SSK Rex Osprey Sol Staking ETF | 10.35% | 711,825 | $22.8M | New |
| FOX Fox Corp. Class B | 8.77% | 337,129 | $19.3M | New |
| ETHA iShares Ethereum Trust ETF | 8.55% | 597,699 | $18.8M | Reduce -56.7% |
| IBIT iShares Bitcoin Trust ETF | 6.89% | 233,398 | $15.2M | Reduce -76.8% |
| FBTC Fidelity Wise Origin Bitcoin | 6.80% | 149,992 | $15.0M | Add +591.2% |
| SRLN SS Blackstone Sr Loan ETF | 3.88% | 205,275 | $8.5M | Add +27.7% |
| XRPR Rex-Osprey XRP ETF | 2.90% | 269,653 | $6.4M | New |
| PFF iShares Preferred & Income S | 2.67% | 186,186 | $5.9M | New |
| EWU iShares MSCI United Kingdom | 2.39% | 125,282 | $5.3M | Add +887.5% |
| AGG iShares Core U.S. Aggregate | 2.34% | 51,355 | $5.1M | Add +4.0% |
| LEO BNY Mellon Strategic Muni | 2.02% | 712,527 | $4.5M | Reduce -32.1% |
| XPCQX PIMCO California Muni Inc. FD | 1.98% | 499,208 | $4.4M | Add +25.6% |
| NWSA News Corp. Class A | 1.71% | 122,873 | $3.8M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.58% | 5,235 | $3.5M | Reduce -74.9% |
| EZU iShares MSCI Eurozone ETF | 1.44% | 51,196 | $3.2M | Reduce -11.6% |
| EMB iShares JP Morgan Usd Emergi | 1.43% | 33,010 | $3.1M | Add +231.2% |
| MFM Aberdeen Municipal Income | 1.24% | 508,288 | $2.7M | Add +3.4% |
| RMI Rivernorth Opport Muni Inc. | 1.08% | 161,943 | $2.4M | Add +55.4% |
| VNQ Vanguard Real Estate ETF | 1.07% | 25,714 | $2.4M | Reduce -24.7% |
| HYT BlackRock Corp. Hi YLD | 1.00% | 231,522 | $2.2M | New |
| VVR Invesco Senior Income Trust | 0.95% | 604,396 | $2.1M | New |
| JNK SS SPDR BB High Yield Bond | 0.93% | 20,865 | $2.0M | Add +571.8% |
| COPL Copley Acquisition Corp. Class A | 0.87% | 189,723 | $1.9M | No change |
| ETH Grayscale Ethereum Staking M | 0.80% | 45,092 | $1.8M | Reduce -91.2% |
| FETH Fidelity Ethereum Fund | 0.72% | 38,143 | $1.6M | New |
| DVY iShares Select Dividend ETF | 0.64% | 9,918 | $1.4M | Reduce -46.7% |
| DMB BNY Mellon Muni BND Infra | 0.58% | 119,784 | $1.3M | Reduce -55.0% |
| AFB Allianceberstein NTL Muni | 0.58% | 117,673 | $1.3M | Reduce -27.4% |
| BYM BlackRock Muni Inc. QLTY | 0.56% | 113,157 | $1.2M | Reduce -18.3% |
| MHD BlackRock Muniholdings Fund | 0.49% | 91,968 | $1.1M | Reduce -35.4% |
| MUE BlackRock Munihold QLT FD II | 0.49% | 106,510 | $1.1M | Reduce -17.6% |
| EFA iShares MSCI Eafe ETF | 0.46% | 10,886 | $1.0M | Add +30.6% |
| BATRK Atlanta Braves Holdings in-C | 0.45% | 23,728 | $987K | New |
| VFL Abrdn National Municipal Inc. | 0.41% | 87,516 | $898K | Reduce -41.8% |
| JFR Nuveen Floating Rate Income | 0.40% | 107,222 | $877K | New |
| FMN Federated Herm Prem Muni Inc. | 0.38% | 75,449 | $833K | Reduce -5.0% |
| RFM Rivernorth Flexible Muni | 0.37% | 55,770 | $806K | Reduce -14.7% |
| XEFRX Eaton Vance Sr FLTG Rate TR | 0.35% | 67,519 | $772K | New |
| MXF Mexico Fund Inc. | 0.35% | 38,710 | $763K | Reduce -0.8% |
| COLA Columbus Acquisition Corp. | 0.34% | 72,522 | $743K | Reduce -6.6% |
| IBB iShares Biotechnology ETF | 0.32% | 4,892 | $706K | New |
| EMLC Vaneck JPM Em Local Curr BND | 0.31% | 26,648 | $680K | New |
| CXE MFS High Income Municipal TR | 0.28% | 163,112 | $607K | Reduce -35.7% |
| XPHDX Pioneer Floating Rate Fund | 0.24% | 53,003 | $528K | Add +40.6% |
| QSEA Quartzsea Acquisition Corp. | 0.23% | 50,053 | $507K | No change |
| XBKNX BlackRock Invest QLTY Muni | 0.23% | 44,654 | $506K | Reduce -62.0% |
| MUC BlackRock Munihold Ca QLTY | 0.22% | 44,822 | $486K | Reduce -37.1% |
| XJQCX Nuveen Credit Strategies Inc. | 0.20% | 83,927 | $442K | New |
| XBFZX BlackRock Ca Muni Inc. TR | 0.18% | 35,566 | $389K | New |
| NBH Neuberger Municipal Fund Inc. | 0.17% | 36,438 | $376K | Reduce -53.3% |
| BTT BlackRock 2030 Muni TRGT TRM | 0.15% | 14,512 | $326K | Reduce -61.4% |
| AAM Aa Mission Acquisition Cor-A | 0.14% | 29,389 | $309K | Reduce -1.1% |
| VACH Voyager Acquisition Corp. | 0.14% | 28,327 | $297K | New |
| NCV Virtus Convertible & Income | 0.13% | 18,472 | $277K | New |
| SZZL Sizzle Acquisition Corp. Class A | 0.12% | 26,560 | $268K | No change |
| XLV SS Health Care Select Sector | 0.12% | 1,895 | $264K | New |
| XTEAX Tortoise Sust&social Imp Ter | 0.10% | 19,268 | $227K | Reduce -2.5% |
| EFT Eaton Vance Fltng RT Inc. TR | 0.09% | 17,493 | $206K | New |
| EEA The European Equity Fund Inc. | 0.07% | 14,574 | $158K | Reduce -24.0% |
| XMVFX BlackRock Munivest Fund | 0.06% | 19,964 | $137K | Reduce -69.3% |
| EOD Allspring Global Dividend Op | 0.06% | 22,135 | $126K | Reduce -0.5% |
| SBI Western Asset Intermediate | 0.05% | 14,895 | $118K | Reduce -71.2% |
| CEV Eaton Vance Ca Muni Inc. TRST | 0.05% | 11,324 | $114K | Reduce -70.5% |
| EVF Eaton Vance Senior Income TR | 0.05% | 18,994 | $104K | Add +26.3% |
| URBAN ONE INC | 0.00% | 13,942 | $10K | Reduce -39.8% |
Portfolio Sells Q2 2025 → Q3 2025
| IBIT iShares Bitcoin Trust ETF | Reduce -76.8% | 6.89% | −22.07 |
| ETH Grayscale Ethereum Staking M | Reduce -91.2% | 0.80% | −4.89 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -74.9% | 1.58% | −4.49 |
| ETHA iShares Ethereum Trust ETF | Reduce -56.7% | 8.55% | −3.84 |
| IGF iShares Global Infrastructur | Sold out | 0.00% | −2.28 |
| ARES ACQUISITION CORP II | Sold out | 0.00% | −1.68 |
| XPHTX Pioneer High Income Fund | Sold out | 0.00% | −1.06 |
| XMVTX BlackRock Munivest Fund II | Sold out | 0.00% | −1.06 |
| LEO BNY Mellon Strategic Muni | Reduce -32.1% | 2.02% | −0.90 |
| DSM BNYM Strat Muni BND | Sold out | 0.00% | −0.78 |
| DMB BNY Mellon Muni BND Infra | Reduce -55.0% | 0.58% | −0.70 |
| XRMMX Rvrnrth MGD Dur Muni Inc. | Sold out | 0.00% | −0.69 |
| PNI PIMCO NY Muni Inc. II FND | Sold out | 0.00% | −0.68 |
| CAPN Cayson Acquisition Corp. | Sold out | 0.00% | −0.57 |
| DVY iShares Select Dividend ETF | Reduce -46.7% | 0.64% | −0.52 |
| XPZCX PIMCO California Muni FD III | Sold out | 0.00% | −0.45 |
| XBKNX BlackRock Invest QLTY Muni | Reduce -62.0% | 0.23% | −0.37 |
| VNQ Vanguard Real Estate ETF | Reduce -24.7% | 1.07% | −0.36 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.33 |
| PYN PIMCO New York Muni FND III | Sold out | 0.00% | −0.31 |
| DMAA Drugs Made in America Acquis | Sold out | 0.00% | −0.29 |
| VFL Abrdn National Municipal Inc. | Reduce -41.8% | 0.41% | −0.28 |
| KBE SS SPDR S&P Bank ETF | Sold out | 0.00% | −0.26 |
| MHD BlackRock Muniholdings Fund | Reduce -35.4% | 0.49% | −0.26 |
| BTT BlackRock 2030 Muni TRGT TRM | Reduce -61.4% | 0.15% | −0.24 |
| XHNWX Pioneer Diversified High | Sold out | 0.00% | −0.23 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.23 |
| XMHIX Pioneer Muni High Inc. TR | Sold out | 0.00% | −0.22 |
| AFB Allianceberstein NTL Muni | Reduce -27.4% | 0.58% | −0.21 |
| NBH Neuberger Municipal Fund Inc. | Reduce -53.3% | 0.17% | −0.19 |
| EZU iShares MSCI Eurozone ETF | Reduce -11.6% | 1.44% | −0.18 |
| XPNFX PIMCO New York Muni Inc. FD | Sold out | 0.00% | −0.18 |
| XPMAX Pioneer Municipal High Inc. | Sold out | 0.00% | −0.17 |
| CXE MFS High Income Municipal TR | Reduce -35.7% | 0.28% | −0.15 |
| ETW Eaton Vance T/M GLBL Buy-WR | Sold out | 0.00% | −0.15 |
| XMVFX BlackRock Munivest Fund | Reduce -69.3% | 0.06% | −0.14 |
| RWX State Street SPDR Dow Jones | Sold out | 0.00% | −0.13 |
| SBI Western Asset Intermediate | Reduce -71.2% | 0.05% | −0.13 |
| MUC BlackRock Munihold Ca QLTY | Reduce -37.1% | 0.22% | −0.13 |
| BYM BlackRock Muni Inc. QLTY | Reduce -18.3% | 0.56% | −0.13 |
| CEV Eaton Vance Ca Muni Inc. TRST | Reduce -70.5% | 0.05% | −0.12 |
| XBNYX BlackRock New York Muni Inc. | Sold out | 0.00% | −0.12 |
| BGX Blackstone Long-Short Credit | Sold out | 0.00% | −0.11 |
| MUE BlackRock Munihold QLT FD II | Reduce -17.6% | 0.49% | −0.10 |
| MMD Nylim Mackay Definedterm Mun | Sold out | 0.00% | −0.09 |
| BWG Brandywineglobal Global Inco | Sold out | 0.00% | −0.08 |
| XMQTX BlackRock Muniyield QLTY II | Sold out | 0.00% | −0.07 |
| MPA BlackRock Muniyield Pa Qltyv | Sold out | 0.00% | −0.07 |
| RFM Rivernorth Flexible Muni | Reduce -14.7% | 0.37% | −0.06 |
| MYN BlackRock Muniyield NY QLTY | Sold out | 0.00% | −0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| SSK Rex Osprey Sol Staking ETF | New | 10.35% | +10.35 |
| USHY iShares Broad Usd High Yield | Add +187.6% | 15.09% | +9.69 |
| FOX Fox Corp. Class B | New | 8.77% | +8.77 |
| FBTC Fidelity Wise Origin Bitcoin | Add +591.2% | 6.80% | +5.84 |
| XRPR Rex-Osprey XRP ETF | New | 2.90% | +2.90 |
| PFF iShares Preferred & Income S | New | 2.67% | +2.67 |
| EWU iShares MSCI United Kingdom | Add +887.5% | 2.39% | +2.15 |
| NWSA News Corp. Class A | New | 1.71% | +1.71 |
| HYT BlackRock Corp. Hi YLD | New | 1.00% | +1.00 |
| EMB iShares JP Morgan Usd Emergi | Add +231.2% | 1.43% | +0.99 |
| VVR Invesco Senior Income Trust | New | 0.95% | +0.95 |
| JNK SS SPDR BB High Yield Bond | Add +571.8% | 0.93% | +0.79 |
| SRLN SS Blackstone Sr Loan ETF | Add +27.7% | 3.88% | +0.73 |
| FETH Fidelity Ethereum Fund | New | 0.72% | +0.72 |
| BATRK Atlanta Braves Holdings in-C | New | 0.45% | +0.45 |
| XPCQX PIMCO California Muni Inc. FD | Add +25.6% | 1.98% | +0.44 |
| JFR Nuveen Floating Rate Income | New | 0.40% | +0.40 |
| RMI Rivernorth Opport Muni Inc. | Add +55.4% | 1.08% | +0.38 |
| XEFRX Eaton Vance Sr FLTG Rate TR | New | 0.35% | +0.35 |
| IBB iShares Biotechnology ETF | New | 0.32% | +0.32 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.31% | +0.31 |
| XJQCX Nuveen Credit Strategies Inc. | New | 0.20% | +0.20 |
| XBFZX BlackRock Ca Muni Inc. TR | New | 0.18% | +0.18 |
| VACH Voyager Acquisition Corp. | New | 0.14% | +0.14 |
| NCV Virtus Convertible & Income | New | 0.13% | +0.13 |
| XLV SS Health Care Select Sector | New | 0.12% | +0.12 |
| EFA iShares MSCI Eafe ETF | Add +30.6% | 0.46% | +0.11 |
| EFT Eaton Vance Fltng RT Inc. TR | New | 0.09% | +0.09 |
| XPHDX Pioneer Floating Rate Fund | Add +40.6% | 0.24% | +0.07 |
| MFM Aberdeen Municipal Income | Add +3.4% | 1.24% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +4.0% | 2.34% | +0.03 |
| EVF Eaton Vance Senior Income TR | Add +26.3% | 0.05% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | Sold out | 10,227 | $180Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 154 | $473.1M | FOX, HEI.A, VTEB, LLYVK, BELFA |
| Q1 2026 | 132 | $360.0M | FOX, HEI.A, VTEB, GOF, NWSA |
| Q4 2025 | 150 | $405.5M | IBIT, FOX, ETH, PDI, NWSA |
| Q3 2025 | 66 | $220.2M | USHY, SSK, FOX, ETHA, IBIT |
| Q2 2025 | 77 | $212.4M | IBIT, ETHA, SPY, ETH, USHY |
| Q1 2025 | 70 | $214.3M | USHY, IBIT, NWSA, JNK, SRLN |
| Q4 2024 | 113 | $298.7M | IBIT, JNK, ETHA, NWSA, BTT |
| Q3 2024 | 129 | $401.3M | JNK, IBIT, LBRDK, AGG, BTT |
| Q2 2024 | 155 | $387.4M | JNK, IBIT, NAD, BTT, SRLN |
| Q1 2024 | 143 | $465.3M | JNK, NAD, IBIT, NVG, XNEAX |