Lowery Thomas, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Lowery Thomas, LLC reported 55 stock positions worth $177.0 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 13.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 9.9%) and Invesco Nasdaq 100 ETF (QQQM, 6.3%). Compared with Q3 2025, it added to 32 and reduced 22. The biggest buy was Alphabet Class C (GOOG, shares +287%) and the biggest sale Tesla (TSLA, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- PEBBLE BEACH, CA
- CIK
- 0001919701
- Portfolio Value
- $177.0M (Q4 2025)
- SEC Filing
- 0001951757-26-000298 ↗ filed Jan 26, 2026
Holdings Value
Holdings 55 stocks · $177.0M
| SCHG Schwab US Large-Cap Growth | 13.10% | 710,912 | $23.2M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 9.88% | 27,877 | $17.5M | Reduce -1.0% |
| QQQM Invesco Nasdaq 100 ETF | 6.30% | 44,110 | $11.2M | Reduce -4.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.64% | 366,970 | $10.0M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.14% | 13,350 | $9.1M | Reduce -2.2% |
| QQQ Invesco QQQ Trust Series 1 | 4.48% | 12,910 | $7.9M | Reduce -0.7% |
| IWF iShares Russell 1000 Growth | 3.73% | 13,929 | $6.6M | Reduce -0.5% |
| SCHV Schwab US Large-Cap Value | 3.71% | 221,889 | $6.6M | Reduce -0.8% |
| SMH Vaneck Semiconductor ETF | 3.66% | 18,003 | $6.5M | Add +0.5% |
| IWB iShares Russell 1000 ETF | 3.15% | 14,923 | $5.6M | Add +0.3% |
| BND Vanguard Total Bond Market | 2.62% | 62,551 | $4.6M | Add +14.8% |
| IWO iShares Russell 2000 Growth | 2.51% | 13,753 | $4.4M | Reduce -7.9% |
| JEPI JPMorgan Equity Premium Inco | 2.48% | 76,652 | $4.4M | Add +2.1% |
| VUSB Vanguard Ultra Short Bond Et | 2.13% | 75,503 | $3.8M | Add +6.8% |
| FLDR Fidelity Low Durat Fact ETF | 2.11% | 74,451 | $3.7M | Add +7.8% |
| SCHZ Schwab US Aggregate Bond ETF | 2.01% | 152,568 | $3.6M | Add +11.5% |
| XMMO Invesco S&P Midcap Momentum | 2.01% | 25,689 | $3.6M | Add +0.8% |
| SCHO Schwab Short-Term US Treas | 1.88% | 136,538 | $3.3M | Add +6.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.72% | 28,530 | $3.0M | Reduce -3.0% |
| VIOG Vanguard S&P SM Cap 600 GRW | 1.68% | 24,534 | $3.0M | Add +0.8% |
| IWP iShares Russell Mid-Cap Grow | 1.67% | 21,526 | $2.9M | Reduce -0.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.59% | 5,855 | $2.8M | Reduce -5.7% |
| SCHX Schwab US Large-Cap ETF | 1.48% | 97,559 | $2.6M | Add +3.8% |
| AAPL Apple Inc. | 1.18% | 7,688 | $2.1M | Reduce -0.4% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.15% | 7,304 | $2.0M | Add +1.5% |
| XSVM Invesco S&P Smallcap Value W | 0.83% | 25,670 | $1.5M | Add +1.2% |
| GOOG Alphabet Inc. Class C | 0.79% | 4,440 | $1.4M | Add +287.1% |
| NVDA Nvidia Corp. | 0.72% | 6,791 | $1.3M | Add +2.1% |
| VOOV Vanguard S&P 500 Value ETF | 0.70% | 6,090 | $1.2M | Add +0.5% |
| IWN iShares Russell 2000 Value E | 0.70% | 6,827 | $1.2M | Reduce -14.3% |
| XLK SS Technology Select Sector | 0.68% | 8,335 | $1.2M | Add +0.6% |
| XSMO Invesco S&P Smallcap Momentu | 0.66% | 16,165 | $1.2M | Add +3.0% |
| SHV iShares 0-1 Year Treasury Bo | 0.65% | 10,390 | $1.1M | Add +7.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.62% | 13,255 | $1.1M | Add +12.0% |
| SCHM Schwab US Mid Cap ETF | 0.58% | 34,030 | $1.0M | Add +2.5% |
| IWM iShares Russell 2000 ETF | 0.56% | 3,997 | $984K | Reduce -19.8% |
| KLAC KLA Corp. | 0.56% | 809 | $983K | Reduce -11.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.53% | 16,614 | $944K | Add +12.0% |
| AMZN Amazon.com Inc. | 0.53% | 4,060 | $937K | Reduce -0.5% |
| IWD iShares Russell 1000 Value E | 0.45% | 3,824 | $804K | Add +0.5% |
| AIQ Global X Art Intel & Tech | 0.39% | 13,505 | $687K | Reduce -5.5% |
| SCHA Schwab US Small-Cap ETF | 0.35% | 21,517 | $613K | Add +4.2% |
| MSFT Microsoft Corp. | 0.34% | 1,249 | $604K | Add +0.2% |
| QLD Proshares Ultra QQQ | 0.31% | 7,875 | $554K | Add +2.6% |
| TSLA Tesla Inc. | 0.30% | 1,187 | $534K | Reduce -45.7% |
| META Meta Platforms Inc. Class A | 0.28% | 760 | $501K | Add +0.1% |
| SOXX iShares Semiconductor ETF | 0.23% | 1,338 | $403K | Reduce -1.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.19% | 1,915 | $340K | Add +1.0% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.19% | 3,582 | $337K | Add +0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.16% | 959 | $278K | Reduce -38.2% |
| SCHD Schwab US DVD Equity ETF | 0.15% | 9,452 | $259K | Add +5.5% |
| MDY State Street SPDR S&P Midcap | 0.14% | 419 | $253K | Reduce -10.5% |
| UYG Proshares Ultra Financials | 0.14% | 2,687 | $247K | Add +9.1% |
| PLTR Palantir Technologies Inc. Class A | 0.13% | 1,310 | $233K | No change |
| RWL Invesco S&P 500 Revenue ETF | 0.12% | 1,849 | $212K | Add +0.3% |
Portfolio Sells Q3 2025 → Q4 2025
| TSLA Tesla Inc. | Reduce -45.7% | 0.30% | −0.26 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -4.0% | 6.30% | −0.25 |
| IWO iShares Russell 2000 Growth | Reduce -7.9% | 2.51% | −0.25 |
| IWM iShares Russell 2000 ETF | Reduce -19.8% | 0.56% | −0.14 |
| IWN iShares Russell 2000 Value E | Reduce -14.3% | 0.70% | −0.11 |
| IWP iShares Russell Mid-Cap Grow | Reduce -0.2% | 1.67% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.2% | 5.14% | −0.11 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -38.2% | 0.16% | −0.11 |
| VOO Vanguard S&P 500 ETF | Reduce -1.0% | 9.88% | −0.08 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -5.7% | 1.59% | −0.07 |
| IWF iShares Russell 1000 Growth | Reduce -0.5% | 3.73% | −0.06 |
| SCHG Schwab US Large-Cap Growth | Reduce -0.5% | 13.10% | −0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -3.0% | 1.72% | −0.05 |
| SCHV Schwab US Large-Cap Value | Reduce -0.8% | 3.71% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.7% | 4.48% | −0.03 |
| AIQ Global X Art Intel & Tech | Reduce -5.5% | 0.39% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -10.5% | 0.14% | −0.02 |
| KLAC KLA Corp. | Reduce -11.0% | 0.56% | −0.01 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -1.3% | 5.64% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -0.5% | 0.53% | +0.01 |
| SOXX iShares Semiconductor ETF | Reduce -1.3% | 0.23% | +0.02 |
| AAPL Apple Inc. | Reduce -0.4% | 1.18% | +0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOG Alphabet Inc. Class C | Add +287.1% | 0.79% | +0.63 |
| SMH Vaneck Semiconductor ETF | Add +0.5% | 3.66% | +0.29 |
| BND Vanguard Total Bond Market | Add +14.8% | 2.62% | +0.28 |
| SCHZ Schwab US Aggregate Bond ETF | Add +11.5% | 2.01% | +0.16 |
| FLDR Fidelity Low Durat Fact ETF | Add +7.8% | 2.11% | +0.11 |
| VUSB Vanguard Ultra Short Bond Et | Add +6.8% | 2.13% | +0.09 |
| SCHO Schwab Short-Term US Treas | Add +6.3% | 1.88% | +0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +12.0% | 0.53% | +0.06 |
| SCHX Schwab US Large-Cap ETF | Add +3.8% | 1.48% | +0.05 |
| SHY iShares 1-3 Year Treasury Bo | Add +12.0% | 0.62% | +0.05 |
| SHV iShares 0-1 Year Treasury Bo | Add +7.4% | 0.65% | +0.03 |
| XMMO Invesco S&P Midcap Momentum | Add +0.8% | 2.01% | +0.02 |
| SCHA Schwab US Small-Cap ETF | Add +4.2% | 0.35% | +0.01 |
| SCHM Schwab US Mid Cap ETF | Add +2.5% | 0.58% | +0.01 |
| QLD Proshares Ultra QQQ | Add +2.6% | 0.31% | +0.01 |
| IWB iShares Russell 1000 ETF | Add +0.3% | 3.15% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +0.5% | 0.45% | +0.01 |
| VOOV Vanguard S&P 500 Value ETF | Add +0.5% | 0.70% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +5.5% | 0.15% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +2.1% | 2.48% | +0.00 |
| XLK SS Technology Select Sector | Add +0.6% | 0.68% | +0.00 |
| RWL Invesco S&P 500 Revenue ETF | Add +0.3% | 0.12% | +0.00 |
| XSVM Invesco S&P Smallcap Value W | Add +1.2% | 0.83% | +0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +1.0% | 0.19% | +0.00 |
| NVDA Nvidia Corp. | Add +2.1% | 0.72% | −0.00 |
| UYG Proshares Ultra Financials | Add +9.1% | 0.14% | −0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.1% | 0.19% | −0.00 |
| XSMO Invesco S&P Smallcap Momentu | Add +3.0% | 0.66% | −0.01 |
| VIOG Vanguard S&P SM Cap 600 GRW | Add +0.8% | 1.68% | −0.03 |
| MSFT Microsoft Corp. | Add +0.2% | 0.34% | −0.03 |
| META Meta Platforms Inc. Class A | Add +0.1% | 0.28% | −0.04 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +1.5% | 1.15% | −0.07 |
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 |