Lowery Thomas, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Lowery Thomas, LLC reported 55 stock positions worth $173.2 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 13.2% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 10.0%) and Invesco Nasdaq 100 ETF (QQQM, 6.6%). Compared with Q2 2025, it opened 2 new positions, added to 33 and reduced 16. The biggest buy was Schwab US Large-Cap Growth (SCHG, shares +5%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- PEBBLE BEACH, CA
- CIK
- 0001919701
- Portfolio Value
- $173.2M (Q3 2025)
- SEC Filing
- 0001951757-25-001359 ↗ filed Nov 10, 2025
Holdings Value
Holdings 55 stocks · $173.2M
| SCHG Schwab US Large-Cap Growth | 13.16% | 714,198 | $22.8M | Add +4.6% |
| VOO Vanguard S&P 500 ETF | 9.96% | 28,152 | $17.2M | Add +2.1% |
| QQQM Invesco Nasdaq 100 ETF | 6.56% | 45,941 | $11.4M | Add +2.9% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.65% | 371,865 | $9.8M | Add +5.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.25% | 13,648 | $9.1M | Reduce -9.6% |
| QQQ Invesco QQQ Trust Series 1 | 4.51% | 12,998 | $7.8M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 3.79% | 14,002 | $6.6M | Reduce -1.8% |
| SCHV Schwab US Large-Cap Value | 3.76% | 223,696 | $6.5M | Add +3.2% |
| SMH Vaneck Semiconductor ETF | 3.38% | 17,920 | $5.8M | Add +7.0% |
| IWB iShares Russell 1000 ETF | 3.14% | 14,882 | $5.4M | Reduce -0.8% |
| IWO iShares Russell 2000 Growth | 2.76% | 14,932 | $4.8M | Reduce -1.9% |
| JEPI JPMorgan Equity Premium Inco | 2.47% | 75,043 | $4.3M | Add +7.5% |
| BND Vanguard Total Bond Market | 2.34% | 54,477 | $4.1M | Add +15.0% |
| VUSB Vanguard Ultra Short Bond Et | 2.04% | 70,675 | $3.5M | Add +36.0% |
| FLDR Fidelity Low Durat Fact ETF | 2.00% | 69,067 | $3.5M | Add +10.6% |
| XMMO Invesco S&P Midcap Momentum | 1.99% | 25,474 | $3.4M | Add +5.5% |
| SCHZ Schwab US Aggregate Bond ETF | 1.85% | 136,850 | $3.2M | Add +10.6% |
| SCHO Schwab Short-Term US Treas | 1.81% | 128,488 | $3.1M | Add +5.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.77% | 29,402 | $3.1M | Reduce -0.9% |
| IWP iShares Russell Mid-Cap Grow | 1.77% | 21,576 | $3.1M | Reduce -0.8% |
| VIOG Vanguard S&P SM Cap 600 GRW | 1.71% | 24,342 | $3.0M | Add +4.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.66% | 6,210 | $2.9M | Reduce -0.1% |
| SCHX Schwab US Large-Cap ETF | 1.43% | 93,959 | $2.5M | Reduce -0.4% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.22% | 7,199 | $2.1M | Add +1.4% |
| AAPL Apple Inc. | 1.13% | 7,716 | $2.0M | Reduce -0.5% |
| XSVM Invesco S&P Smallcap Value W | 0.83% | 25,367 | $1.4M | Add +4.3% |
| IWN iShares Russell 2000 Value E | 0.81% | 7,966 | $1.4M | Reduce -14.2% |
| NVDA Nvidia Corp. | 0.72% | 6,653 | $1.2M | No change |
| VOOV Vanguard S&P 500 Value ETF | 0.70% | 6,062 | $1.2M | Add +6.7% |
| IWM iShares Russell 2000 ETF | 0.70% | 4,985 | $1.2M | Reduce -0.1% |
| XLK SS Technology Select Sector | 0.67% | 4,144 | $1.2M | Reduce -1.4% |
| XSMO Invesco S&P Smallcap Momentu | 0.67% | 15,698 | $1.2M | Add +4.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.62% | 9,673 | $1.1M | Add +8.8% |
| SCHM Schwab US Mid Cap ETF | 0.57% | 33,186 | $984K | Add +4.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.57% | 11,833 | $982K | Add +11.2% |
| KLAC KLA Corp. | 0.57% | 909 | $980K | No change |
| TSLA Tesla Inc. | 0.56% | 2,187 | $973K | Reduce -18.6% |
| AMZN Amazon.com Inc. | 0.52% | 4,080 | $896K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.47% | 14,837 | $821K | Reduce -3.5% |
| IWD iShares Russell 1000 Value E | 0.45% | 3,806 | $775K | Reduce -6.9% |
| AIQ Global X Art Intel & Tech | 0.41% | 14,285 | $706K | Add +2.2% |
| MSFT Microsoft Corp. | 0.37% | 1,247 | $646K | Add +0.1% |
| SCHA Schwab US Small-Cap ETF | 0.33% | 20,652 | $576K | Add +19.4% |
| META Meta Platforms Inc. Class A | 0.32% | 759 | $557K | No change |
| QLD Proshares Ultra QQQ | 0.30% | 3,839 | $527K | Add +0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.26% | 1,551 | $456K | Reduce -1.0% |
| SOXX iShares Semiconductor ETF | 0.21% | 1,356 | $368K | Add +0.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.19% | 3,578 | $337K | Add +0.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.19% | 1,896 | $331K | Add +0.5% |
| GOOG Alphabet Inc. Class C | 0.16% | 1,147 | $279K | Add +0.1% |
| MDY State Street SPDR S&P Midcap | 0.16% | 468 | $279K | Add +27.5% |
| SCHD Schwab US DVD Equity ETF | 0.14% | 8,960 | $245K | Add +15.4% |
| UYG Proshares Ultra Financials | 0.14% | 2,464 | $245K | Add +0.5% |
| PLTR Palantir Technologies Inc. Class A | 0.14% | 1,310 | $239K | New |
| RWL Invesco S&P 500 Revenue ETF | 0.12% | 1,843 | $204K | New |
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.6% | 5.25% | −0.72 |
| IWP iShares Russell Mid-Cap Grow | Reduce -0.8% | 1.77% | −0.16 |
| IWN iShares Russell 2000 Value E | Reduce -14.2% | 0.81% | −0.12 |
| IWB iShares Russell 1000 ETF | Reduce -0.8% | 3.14% | −0.12 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.1% | 1.66% | −0.09 |
| IWF iShares Russell 1000 Growth | Reduce -1.8% | 3.79% | −0.09 |
| IWD iShares Russell 1000 Value E | Reduce -6.9% | 0.45% | −0.06 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.4% | 1.43% | −0.05 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -3.5% | 0.47% | −0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.9% | 1.77% | −0.04 |
| IWO iShares Russell 2000 Growth | Reduce -1.9% | 2.76% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.0% | 0.26% | −0.02 |
| XLK SS Technology Select Sector | Reduce -1.4% | 0.67% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -0.1% | 0.70% | +0.01 |
| TSLA Tesla Inc. | Reduce -18.6% | 0.56% | +0.02 |
| AAPL Apple Inc. | Reduce -0.5% | 1.13% | +0.12 |
Portfolio Buys Q2 2025 → Q3 2025
| SCHG Schwab US Large-Cap Growth | Add +4.6% | 13.16% | +0.39 |
| SMH Vaneck Semiconductor ETF | Add +7.0% | 3.38% | +0.39 |
| VUSB Vanguard Ultra Short Bond Et | Add +36.0% | 2.04% | +0.38 |
| PLTR Palantir Technologies Inc. Class A | New | 0.14% | +0.14 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +5.9% | 5.65% | +0.13 |
| RWL Invesco S&P 500 Revenue ETF | New | 0.12% | +0.12 |
| BND Vanguard Total Bond Market | Add +15.0% | 2.34% | +0.11 |
| QQQM Invesco Nasdaq 100 ETF | Add +2.9% | 6.56% | +0.06 |
| SCHA Schwab US Small-Cap ETF | Add +19.4% | 0.33% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.16% | +0.03 |
| MDY State Street SPDR S&P Midcap | Add +27.5% | 0.16% | +0.03 |
| XSVM Invesco S&P Smallcap Value W | Add +4.3% | 0.83% | +0.02 |
| AIQ Global X Art Intel & Tech | Add +2.2% | 0.41% | +0.02 |
| QLD Proshares Ultra QQQ | Add +0.1% | 0.30% | +0.02 |
| XSMO Invesco S&P Smallcap Momentu | Add +4.7% | 0.67% | +0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Add +10.6% | 1.85% | +0.01 |
| VOOV Vanguard S&P 500 Value ETF | Add +6.7% | 0.70% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +15.4% | 0.14% | +0.01 |
| VIOG Vanguard S&P SM Cap 600 GRW | Add +4.7% | 1.71% | +0.01 |
| SOXX iShares Semiconductor ETF | Add +0.1% | 0.21% | +0.01 |
| SHY iShares 1-3 Year Treasury Bo | Add +11.2% | 0.57% | +0.00 |
| XMMO Invesco S&P Midcap Momentum | Add +5.5% | 1.99% | +0.00 |
| FLDR Fidelity Low Durat Fact ETF | Add +10.6% | 2.00% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Add +4.4% | 0.57% | −0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.5% | 0.19% | −0.01 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.3% | 0.19% | −0.01 |
| UYG Proshares Ultra Financials | Add +0.5% | 0.14% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Add +8.8% | 0.62% | −0.01 |
| MSFT Microsoft Corp. | Add +0.1% | 0.37% | −0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +7.5% | 2.47% | −0.07 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +1.4% | 1.22% | −0.07 |
| VOO Vanguard S&P 500 ETF | Add +2.1% | 9.96% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 4.51% | −0.08 |
| SCHV Schwab US Large-Cap Value | Add +3.2% | 3.76% | −0.08 |
| SCHO Schwab Short-Term US Treas | Add +5.1% | 1.81% | −0.10 |
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 |