Lowery Thomas, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 5, 2025), Lowery Thomas, LLC reported 55 stock positions worth $146.2 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 11.9% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 10.3%) and Invesco Nasdaq 100 ETF (QQQM, 6.3%). Compared with Q4 2024, it opened 4 new positions, sold out of 5, added to 24 and reduced 26. The biggest buy was Vanguard Ultra Short Bond Et (VUSB, shares +254%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- PEBBLE BEACH, CA
- CIK
- 0001919701
- Portfolio Value
- $146.2M (Q1 2025)
- SEC Filing
- 0001951757-25-000505 ↗ filed May 5, 2025
Holdings Value
Holdings 55 stocks · $146.2M
| SCHG Schwab US Large-Cap Growth | 11.90% | 694,658 | $17.4M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 10.28% | 29,244 | $15.0M | Add +1.2% |
| QQQM Invesco Nasdaq 100 ETF | 6.26% | 47,377 | $9.1M | Reduce -0.9% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.87% | 363,474 | $8.6M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.79% | 15,140 | $8.5M | Add +5.7% |
| QQQ Invesco QQQ Trust Series 1 | 4.24% | 13,203 | $6.2M | Add +1.5% |
| SCHV Schwab US Large-Cap Value | 3.99% | 219,264 | $5.8M | Add +0.4% |
| IWF iShares Russell 1000 Growth | 3.52% | 14,251 | $5.1M | Add +0.8% |
| IWB iShares Russell 1000 ETF | 3.14% | 14,969 | $4.6M | Add +0.3% |
| JEPI JPMorgan Equity Premium Inco | 2.99% | 76,417 | $4.4M | Add +1.3% |
| IWO iShares Russell 2000 Growth | 2.77% | 15,851 | $4.1M | Add +4.2% |
| SMH Vaneck Semiconductor ETF | 2.70% | 18,637 | $3.9M | Reduce -3.3% |
| FLDR Fidelity Low Durat Fact ETF | 2.25% | 65,547 | $3.3M | Add +0.1% |
| BND Vanguard Total Bond Market | 2.22% | 44,122 | $3.2M | Reduce -11.6% |
| SCHO Schwab Short-Term US Treas | 2.08% | 125,033 | $3.0M | Reduce -8.1% |
| XMMO Invesco S&P Midcap Momentum | 2.07% | 26,613 | $3.0M | Reduce -5.6% |
| SCHZ Schwab US Aggregate Bond ETF | 1.97% | 124,635 | $2.9M | Reduce -5.1% |
| VIOG Vanguard S&P SM Cap 600 GRW | 1.96% | 26,763 | $2.9M | Reduce -5.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.83% | 6,358 | $2.7M | Add +13.9% |
| IWP iShares Russell Mid-Cap Grow | 1.82% | 22,622 | $2.7M | Reduce -0.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.65% | 29,927 | $2.4M | Reduce -1.0% |
| SCHX Schwab US Large-Cap ETF | 1.53% | 101,601 | $2.2M | Add +2.5% |
| VUSB Vanguard Ultra Short Bond Et | 1.40% | 41,070 | $2.0M | Add +254.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.24% | 7,412 | $1.8M | Reduce -2.3% |
| AAPL Apple Inc. | 1.18% | 7,751 | $1.7M | Reduce -1.7% |
| IWN iShares Russell 2000 Value E | 0.99% | 9,591 | $1.4M | Add +5.5% |
| XSVM Invesco S&P Smallcap Value W | 0.83% | 24,176 | $1.2M | Reduce -1.0% |
| SCHM Schwab US Mid Cap ETF | 0.80% | 44,603 | $1.2M | Add +0.3% |
| VOOV Vanguard S&P 500 Value ETF | 0.73% | 5,781 | $1.1M | Reduce -1.3% |
| XSMO Invesco S&P Smallcap Momentu | 0.69% | 16,180 | $1.0M | Reduce -0.4% |
| IWM iShares Russell 2000 ETF | 0.65% | 4,778 | $953K | Reduce -0.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.62% | 17,647 | $901K | Reduce -13.4% |
| XLK SS Technology Select Sector | 0.59% | 4,208 | $869K | Add +4.2% |
| TSLA Tesla Inc. | 0.58% | 3,247 | $841K | New |
| SHV iShares 0-1 Year Treasury Bo | 0.56% | 7,387 | $816K | Add +165.8% |
| AMZN Amazon.com Inc. | 0.53% | 4,080 | $776K | Reduce -12.8% |
| SCHA Schwab US Small-Cap ETF | 0.53% | 33,059 | $775K | Reduce -2.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.53% | 9,289 | $768K | Add +148.6% |
| IWD iShares Russell 1000 Value E | 0.52% | 4,071 | $766K | Reduce -4.3% |
| AIQ Global X Art Intel & Tech | 0.50% | 19,973 | $727K | Add +0.0% |
| KLAC KLA Corp. | 0.46% | 979 | $666K | Reduce -3.0% |
| NVDA Nvidia Corp. | 0.45% | 6,033 | $654K | Add +4.9% |
| MSFT Microsoft Corp. | 0.35% | 1,346 | $505K | Reduce -4.1% |
| META Meta Platforms Inc. Class A | 0.30% | 758 | $437K | No change |
| VIOV Vanguard S&P Small-Cap 600 V | 0.29% | 5,117 | $429K | Reduce -37.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.25% | 1,397 | $361K | Add +0.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.24% | 2,191 | $352K | Reduce -4.1% |
| QLD Proshares Ultra QQQ | 0.23% | 3,703 | $329K | Add +4.2% |
| ORCL Oracle Corp. | 0.19% | 2,031 | $284K | New |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.19% | 3,259 | $271K | Reduce -17.7% |
| TLT iShares 20+ Year Treasury BD | 0.17% | 2,807 | $255K | Reduce -73.8% |
| SOXX iShares Semiconductor ETF | 0.17% | 1,351 | $254K | Add +42.4% |
| UYG Proshares Ultra Financials | 0.15% | 2,446 | $218K | New |
| COWZ Pacer US Cash Cows 100 ETF | 0.14% | 3,768 | $206K | Reduce -1.8% |
| SCHD Schwab US DVD Equity ETF | 0.14% | 7,197 | $201K | New |
Portfolio Sells Q4 2024 → Q1 2025
| TLT iShares 20+ Year Treasury BD | Reduce -73.8% | 0.17% | −0.43 |
| SMH Vaneck Semiconductor ETF | Reduce -3.3% | 2.70% | −0.35 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -0.9% | 6.26% | −0.30 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −0.28 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.25 |
| VIOV Vanguard S&P Small-Cap 600 V | Reduce -37.0% | 0.29% | −0.20 |
| VIOG Vanguard S&P SM Cap 600 GRW | Reduce -5.9% | 1.96% | −0.20 |
| XMMO Invesco S&P Midcap Momentum | Reduce -5.6% | 2.07% | −0.20 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -12.8% | 0.53% | −0.14 |
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −0.14 |
| RWL Invesco S&P 500 Revenue ETF | Sold out | 0.00% | −0.14 |
| BND Vanguard Total Bond Market | Reduce -11.6% | 2.22% | −0.12 |
| AAPL Apple Inc. | Reduce -1.7% | 1.18% | −0.11 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -1.0% | 1.65% | −0.09 |
| IWP iShares Russell Mid-Cap Grow | Reduce -0.7% | 1.82% | −0.06 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -13.4% | 0.62% | −0.06 |
| SCHO Schwab Short-Term US Treas | Reduce -8.1% | 2.08% | −0.05 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -17.7% | 0.19% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -0.8% | 0.65% | −0.04 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.4% | 0.53% | −0.04 |
| MSFT Microsoft Corp. | Reduce -4.1% | 0.35% | −0.04 |
| XSVM Invesco S&P Smallcap Value W | Reduce -1.0% | 0.83% | −0.04 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -2.3% | 1.24% | −0.01 |
| XSMO Invesco S&P Smallcap Momentu | Reduce -0.4% | 0.69% | −0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -4.1% | 0.24% | −0.00 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -1.8% | 0.14% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -4.3% | 0.52% | +0.01 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -1.3% | 0.73% | +0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -5.1% | 1.97% | +0.03 |
| KLAC KLA Corp. | Reduce -3.0% | 0.46% | +0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| VUSB Vanguard Ultra Short Bond Et | Add +254.1% | 1.40% | +1.03 |
| TSLA Tesla Inc. | New | 0.58% | +0.58 |
| SHV iShares 0-1 Year Treasury Bo | Add +165.8% | 0.56% | +0.36 |
| SHY iShares 1-3 Year Treasury Bo | Add +148.6% | 0.53% | +0.33 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.7% | 5.79% | +0.32 |
| DIA SS SPDR Dow Jones Indus Avg | Add +13.9% | 1.83% | +0.28 |
| SCHV Schwab US Large-Cap Value | Add +0.4% | 3.99% | +0.27 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +0.1% | 5.87% | +0.26 |
| ORCL Oracle Corp. | New | 0.19% | +0.19 |
| JEPI JPMorgan Equity Premium Inco | Add +1.3% | 2.99% | +0.16 |
| UYG Proshares Ultra Financials | New | 0.15% | +0.15 |
| SCHD Schwab US DVD Equity ETF | New | 0.14% | +0.14 |
| VOO Vanguard S&P 500 ETF | Add +1.2% | 10.28% | +0.13 |
| FLDR Fidelity Low Durat Fact ETF | Add +0.1% | 2.25% | +0.11 |
| SOXX iShares Semiconductor ETF | Add +42.4% | 0.17% | +0.04 |
| SCHX Schwab US Large-Cap ETF | Add +2.5% | 1.53% | +0.04 |
| IWN iShares Russell 2000 Value E | Add +5.5% | 0.99% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.5% | 0.25% | +0.01 |
| IWB iShares Russell 1000 ETF | Add +0.3% | 3.14% | +0.01 |
| SCHM Schwab US Mid Cap ETF | Add +0.3% | 0.80% | −0.00 |
| AIQ Global X Art Intel & Tech | Add +0.0% | 0.50% | −0.01 |
| XLK SS Technology Select Sector | Add +4.2% | 0.59% | −0.02 |
| QLD Proshares Ultra QQQ | Add +4.2% | 0.23% | −0.03 |
| NVDA Nvidia Corp. | Add +4.9% | 0.45% | −0.06 |
| IWO iShares Russell 2000 Growth | Add +4.2% | 2.77% | −0.09 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.5% | 4.24% | −0.10 |
| IWF iShares Russell 1000 Growth | Add +0.8% | 3.52% | −0.18 |
| SCHG Schwab US Large-Cap Growth | Add +1.3% | 11.90% | −0.57 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 57 | $204.7M | SCHG, VOO, QQQM, SMH, FNDX |
| Q1 2026 | 55 | $174.9M | SCHG, VOO, QQQM, FNDX, SPY |
| Q4 2025 | 55 | $177.0M | SCHG, VOO, QQQM, FNDX, SPY |
| Q3 2025 | 55 | $173.2M | SCHG, VOO, QQQM, FNDX, SPY |
| Q2 2025 | 53 | $156.2M | SCHG, VOO, QQQM, SPY, FNDX |
| Q1 2025 | 55 | $146.2M | SCHG, VOO, QQQM, FNDX, SPY |
| Q4 2024 | 56 | $153.4M | SCHG, VOO, QQQM, FNDX, SPY |
| Q3 2024 | 52 | $147.4M | SCHG, VOO, QQQM, FNDX, SPY |
| Q2 2024 | 46 | $137.1M | SCHG, VOO, QQQM, BIL, SPY |
| Q1 2024 | 46 | $130.6M | SCHG, VOO, BIL, SPY, QQQM |