Luminist Capital LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Luminist Capital LLC reported 258 stock positions worth $80.9 million. Its top holding was iShares Treasury Floating Ra (TFLO) at 15.8% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 9.2%) and Abrdn Physical Gold Shares (SGOL, 6.8%). Compared with Q3 2025, it opened 44 new positions, sold out of 112, added to 53 and reduced 40. The biggest buy was iShares Treasury Floating Ra (TFLO, shares +53%) and the biggest sale an exit from Inn US SML CP Pow B ETF - No (KNOV).

Most Recent 13F
Q2 2026
Location
GRAND RAPIDS, MI
CIK
0001807270
Portfolio Value
$80.9M (Q4 2025)
SEC Filing
0001807270-26-000001 ↗ filed Feb 13, 2026

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $57.0M Q4 2024 Q1 2025: $92.7M Q1 2025 Q2 2025: $100.7M Q2 2025 Q3 2025: $114.1M Q3 2025 Q4 2025: $80.9M $80.9M Q4 2025 Q1 2026: $74.8M Q1 2026 Q2 2026: $88.4M Q2 2026

Holdings 258 stocks · $80.9M
TFLO iShares Treasury Floating Ra 15.84% 254,097 $12.8M Add +53.0%
VOO Vanguard S&P 500 ETF 9.20% 11,872 $7.4M Add +2.1%
SGOL Abrdn Physical Gold Shares 6.75% 133,097 $5.5M Reduce -3.8%
UTWO F/M US Treasury 2 Year Note 5.84% 97,312 $4.7M Add +4.2%
SHV iShares 0-1 Year Treasury Bo 5.69% 41,837 $4.6M Add +4.8%
GLD SPDR Gold Shares 4.79% 9,785 $3.9M Reduce -57.4%
VYM Vanguard High DVD Yield ETF 4.24% 23,899 $3.4M Reduce -11.2%
QQQM Invesco Nasdaq 100 ETF 3.98% 12,723 $3.2M Reduce -58.3%
VTI VG Morningstar TS MKT ETF-US 3.95% 9,543 $3.2M Reduce -9.6%
EEM iShares MSCI Emerging Market 3.60% 53,270 $2.9M Add +3.0%
SPMD SS SPDR P S&P 400 Midcap ETF 3.55% 49,559 $2.9M Reduce -13.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.46% 6,323 $2.0M Add +2.7%
XLV SS Health Care Select Sector 2.10% 11,003 $1.7M Add +103.0%
XLK SS Technology Select Sector 1.86% 10,459 $1.5M Reduce -4.1%
VB Vanguard Most SM-Cap ETF-Usd 1.78% 5,596 $1.4M Add +3.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.75% 4,871 $1.4M Add +3.4%
NVDA Nvidia Corp. 1.68% 7,300 $1.4M Add +2.0%
XLY SS Consumer Disc Select Sect 1.19% 8,089 $966K Reduce -59.4%
XLI SS Industrial Select Sector 1.16% 6,036 $936K Add +2.8%
XLB SS Materials Select Sector 1.14% 20,312 $921K Add +3.8%
XLF SS Financial Select Sector 1.06% 15,660 $858K Add +1.8%
XLC SS Comm Select Sector SPDR 1.05% 7,211 $849K Add +0.7%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.01% 19,163 $818K Reduce -3.4%
XLE SS Energy Select Sector 1.01% 18,229 $815K Add +0.3%
XLRE SS Real Estate Select Sector 0.99% 19,882 $802K Add +3.9%
XLP SS Consumer Staples Sel Sect 0.68% 7,115 $553K New
CTA Simplify Managed Futures St 0.60% 17,808 $485K Add +22.3%
BOXX Alpha Architect 1-3 MNTH Box 0.59% 4,114 $474K Add +673.3%
OVL Overlay Shares Large Cap Eq 0.58% 8,826 $470K Add +232.8%
OVB Overlay Shares Core Bond ETF 0.47% 18,655 $383K Add +1876.2%
AAPL Apple Inc. 0.43% 1,276 $347K Reduce -59.5%
GOOGL Alphabet Inc. Class A 0.37% 954 $299K Add +6.6%
LMBS First Trust Low Duration Opp 0.37% 5,936 $297K No change
SSO Proshares Ultra S&P500 0.36% 5,066 $293K Add +8946.4%
QQQ Invesco QQQ Trust Series 1 0.35% 467 $287K Reduce -50.5%
MSFT Microsoft Corp. 0.33% 553 $268K Add +2.8%
BRK.B Berkshire Hathaway Inc. Class B 0.28% 455 $229K Reduce -1.7%
GHYG iShares Us&intl High Yield C 0.25% 4,355 $201K No change
QQQI Neos Nasdaq-100 High Inc. ETF 0.24% 3,659 $197K New
HYGW iShares HY Corp. BD Buywr ETF 0.24% 6,407 $191K Add +80.4%
FTCS First Trust Capital Strength 0.23% 1,977 $183K No change
PFIX Simplify Interest Rate Hedge 0.21% 3,607 $173K Add +26.1%
DFEB FT Vest U.S. Equity Deep Buf 0.21% 3,579 $171K No change
FEBW Alianzim US Eq BFR20 Feb-Usd 0.21% 4,904 $167K No change
YGLD Simplify Gold Strategy ETF 0.19% 3,683 $153K Add +7.6%
TBIL F/M US Treasury 3 Month Bill 0.17% 2,804 $140K Add +22.9%
IBIT iShares Bitcoin Trust ETF 0.16% 2,573 $128K Add +48.9%
GDX Vaneck Gold Miners ETF 0.15% 1,374 $118K Reduce -12.3%
COST Costco Wholesale Corp. 0.13% 119 $103K No change
JEPI JPMorgan Equity Premium Inco 0.12% 1,756 $101K Reduce -17.5%
VGT Vanguard Info Tech ETF 0.12% 130 $98K New
META Meta Platforms Inc. Class A 0.12% 146 $96K Add +64.0%
AMZN Amazon.com Inc. 0.12% 409 $94K Add +1945.0%
SVOL Simplify Volatility Premium 0.12% 5,344 $94K Reduce -74.4%
MCD McDonald's Corp. 0.11% 292 $89K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.11% 1,104 $89K Reduce -85.5%
QTUM Defiance Quantum ETF 0.11% 791 $87K Reduce -20.6%
TSLA Tesla Inc. 0.10% 184 $83K Add +22.7%
EMB iShares JP Morgan Usd Emergi 0.10% 803 $77K Add +17.9%
TLTW iShares 20+ Bond Buywrite 0.10% 3,405 $77K Reduce -52.0%
FTXL First Trust Nasdaq Semicondu 0.10% 594 $77K No change
IWM iShares Russell 2000 ETF 0.09% 304 $75K Add +9.0%
RYLD Global X Russell 2000 Cov Class 0.09% 4,817 $74K Reduce -21.4%
SPYG SS SPDR P S&P 500 Growth ETF 0.09% 663 $71K No change
PKW Invesco Buyback Achievers Et 0.09% 521 $70K No change
FDL First Trust Morn DVD Lead Inc. 0.08% 1,481 $66K No change
XLG Invesco S&P 500 Top 50 ETF 0.08% 1,095 $65K No change
FTC First Trust Large Cap Growth 0.08% 403 $64K No change
PFF iShares Preferred & Income S 0.08% 1,972 $61K Reduce -85.2%
CWB SS SPDR BB Conv Sec ETF 0.07% 674 $60K Add +20.6%
SPYI Neos S&P 500 High Income ETF 0.07% 1,144 $60K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.07% 123 $59K Add +12.8%
VEU Vanguard Ftse All-World Ex-U 0.07% 779 $57K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 83 $57K Reduce -10.8%
TLT iShares 20+ Year Treasury BD 0.07% 614 $54K Reduce -85.0%
TER Teradyne Inc. 0.07% 273 $53K No change
EBAY eBay Inc. 0.06% 564 $49K No change
QRMI Global X Nasdaq 100 Risk Man 0.06% 3,066 $49K Reduce -81.0%
PSLV Sprott Physical Silver Trust 0.06% 2,000 $47K No change
MTUM iShares MSCI USA Momentum Fa 0.05% 170 $43K No change
XRMI Global X S&P 500 Risk Manage 0.05% 2,347 $42K Reduce -68.2%
ZAREEX Ares Real Estate Inc. TR-E 0.05% 5,108 $41K No change
JULH Innov Prem Inc. 20 Barr-July 0.05% 1,591 $40K Reduce -17.9%
ALTY Global X Alternative Income 0.05% 3,227 $38K Reduce -21.2%
PLTR Palantir Technologies Inc. Class A 0.05% 213 $38K Reduce -12.7%
HYTR Counterpoint Hi YLD ETF 0.05% 1,722 $37K No change
MAXI Simplify Bitcoin STRT ETF-Ui 0.04% 2,530 $36K Add +73.9%
HIGH Simplify Enhanced Income ETF 0.04% 1,539 $34K Reduce -18.3%
HI Hillenbrand Inc. 0.04% 1,078 $34K No change
DGX Quest Diagnostics Inc. 0.04% 189 $33K No change
GE General Electric filed as GE AEROSPACE 0.04% 106 $33K Add +1666.7%
SMH Vaneck Semiconductor ETF 0.04% 89 $32K No change
EXEL Exelixis Inc. 0.04% 700 $31K No change
PRF Invesco Rafi US 1000 ETF 0.04% 650 $30K No change
USFR Wisdomtree Floating Rate Tre 0.04% 565 $28K Reduce -92.2%
FXL First Trust Technology Alpha 0.03% 167 $28K No change
SCHX Schwab US Large-Cap ETF 0.03% 1,000 $27K No change
XBJA Innovator US Eq Ac 9 Buff-J 0.03% 641 $20K No change
KOCT Innovator U.S. Small Cap Pow 0.02% 501 $20K New
FTA First Trust L C Val Alp 0.02% 211 $18K No change
FMF First Trust Managed Futures 0.02% 387 $18K No change
IEF iShares 7-10 Year Treasury B 0.02% 182 $17K Add +5.2%
LULU Lululemon Athletica Inc. 0.02% 83 $17K No change
IYR iShares US Real Estate ETF 0.02% 183 $17K Reduce -37.3%
UUP Invesco DB US Dollar Index B 0.02% 635 $17K Reduce -50.5%
GEV GE Vernova Inc. 0.02% 26 $17K Add +2500.0%
SIL Global X Silver Miners ETF 0.02% 200 $17K No change
SGOV iShares 0-3 Month Treasury B 0.02% 160 $16K New
RING iShares MSCI Global Gold Min 0.02% 200 $15K No change
FXO First Trust Financial Alphad 0.02% 244 $15K No change
OVLH Overlay SHRS HDG LRG Cap Eqy 0.02% 367 $14K Add +0.3%
NOCT Innovator Growth-100 Power B 0.02% 240 $13K No change
SFLR Innovator Eqty MGD Floor ETF 0.02% 359 $13K Reduce -99.0%
PHYS Sprott Physical Gold Trust 0.02% 400 $13K No change
BSTP Innovator Buff Su Strat ETF 0.02% 354 $13K No change
MPC Marathon Petroleum Corp. 0.02% 78 $13K No change
V Visa Inc. Class A 0.02% 36 $13K No change
RR Richtech Robotics Inc. Class B 0.02% 3,800 $12K Add +90.0%
PSTP Innovator PWR Buff Su St ETF 0.01% 339 $12K No change
NBIS Nebius Group NV 0.01% 138 $12K No change
BSX Boston Scientific Corp. 0.01% 120 $11K No change
PSIX Power Solutions Internationa 0.01% 200 $11K No change
IWF iShares Russell 1000 Growth 0.01% 24 $11K New
ISRG Intuitive Surgical Inc. 0.01% 20 $11K New
RYCEY Rolls-Royce Holdings-SP ADR 0.01% 700 $11K No change
FEP First Trust Europe 0.01% 203 $11K No change
XUSP Innovator Uncapped Acc US Eq 0.01% 211 $10K No change
ED Consolidated Edison Inc. 0.01% 100 $10K No change
DTE DTE Energy Company 0.01% 75 $10K No change
RSST Return Stacked US SM FTR ETF 0.01% 339 $10K No change
XOP SS SPDR S&P Og Exp & Prod 0.01% 74 $9K No change
CAH Cardinal Health Inc. 0.01% 45 $9K Reduce -2.2%
FGD First Trust DJ GL Sel DVD 0.01% 297 $9K No change
FJP First Trust Japan 0.01% 132 $9K No change
VKTX Viking Therapeutics Inc. 0.01% 250 $9K Add +150.0%
MBB iShares MBS ETF 0.01% 88 $8K Add +3.5%
AMAT Applied Materials Inc. 0.01% 32 $8K No change
LUV Southwest Airlines Co. 0.01% 190 $8K No change
ORCL Oracle Corp. 0.01% 39 $8K No change
TBJL Innovator 20 YR T Bond 9 Buf 0.01% 369 $7K New
FLC Flaherty & Crumrine TTL RTRN 0.01% 414 $7K No change
FPF First TR Interm Dur & Inc. 0.01% 386 $7K No change
TFJL Innovator 20 YR Treas Bond 5 0.01% 360 $7K Reduce -50.6%
MINT PIMCO Enhanced Short Maturit 0.01% 70 $7K No change
FNX First Trust Mid Cap Core Alp 0.01% 53 $7K No change
GLU Gabelli GLBL Util & Inc. TR 0.01% 348 $7K No change
QYLD Global X Nasd 100 Cov Call 0.01% 377 $7K No change
XBOC Innovator US Eqy Acc 9 Buff 0.01% 197 $7K No change
UNH Unitedhealth Group Inc. 0.01% 20 $7K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.01% 60 $7K Add +7.1%
IWD iShares Russell 1000 Value E 0.01% 31 $7K New
FVD First Trust Value Line DVD 0.01% 140 $6K No change
NLCP Newlake Capital Partners Inc. 0.01% 400 $6K New
RIV Rivernorth Opportunities 0.01% 537 $6K No change
UPS United Parcel Service Class B 0.01% 62 $6K Add +24.0%
ETJ Eaton Vance RSK-MGD Divers 0.01% 697 $6K No change
ASTS Ast Spacemobile Inc. 0.01% 83 $6K No change
IJR iShares Core S&P Small-Cap E 0.01% 50 $6K No change
DAKT Daktronics Inc. 0.01% 300 $6K New
PFN PIMCO Income Strategy FD II 0.01% 751 $6K No change
CB Chubb Ltd. 0.01% 18 $6K Add +50.0%
CMRE Costamare Inc. 0.01% 350 $6K New
RA Brookfield Real Assets Incom 0.01% 422 $5K No change
GLDD Great Lakes Dredge & Dock Co. 0.01% 400 $5K New
NEE Nextera Energy Inc. 0.01% 63 $5K Add +80.0%
JNJ Johnson & Johnson 0.01% 24 $5K Add +84.6%
ABBV Abbvie Inc. 0.01% 21 $5K Reduce -53.3%
FRBP Franklin BSP Capital Corp. 0.01% 356 $5K No change
COF Capital One Financial Corp. 0.01% 20 $5K No change
QCOM Qualcomm Inc. 0.01% 27 $5K Add +35.0%
VCSH Vanguard S/T Corp. Bond ETF 0.01% 58 $5K No change
DTM DT Midstream Inc. 0.01% 37 $4K No change
LDI Loandepot Inc. Class A 0.01% 2,000 $4K New
CRM Salesforce Inc. 0.00% 15 $4K No change
CAOS Alpha Architect Tail Risk 0.00% 44 $4K No change
POWI Power Integrations Inc. 0.00% 111 $4K New
FXH First Trust Health Care Alph 0.00% 34 $4K No change
FLTR Vaneck Ig Floating Rate ETF 0.00% 147 $4K No change
FLEU Franklin Ftse Eurozone ETF 0.00% 109 $4K No change
SLV iShares Silver Trust 0.00% 52 $3K Reduce -99.6%
JOBY Joby Aviation Inc. 0.00% 250 $3K No change
F Ford Motor Co. filed as FORD MTR CO 0.00% 250 $3K Reduce -28.6%
EOD Allspring Global Dividend Op 0.00% 558 $3K No change
NVTS Navitas Semiconductor Corp. 0.00% 420 $3K New
FDNI First Trust Dow Jones Intl 0.00% 87 $3K No change
UUUU Energy Fuels Inc. 0.00% 202 $3K New
CMBT CMB Tech NV 0.00% 300 $3K New
GASS Stealthgas Inc. 0.00% 400 $3K New
MAR Marriott International Class A 0.00% 9 $3K No change
MP MP Materials Corp. 0.00% 53 $3K New
USB US Bancorp 0.00% 50 $3K No change
XMMO Invesco S&P Midcap Momentum 0.00% 18 $2K No change
PFE Pfizer Inc. 0.00% 100 $2K Add +33.3%
RFDA Alps Dynamic US Dividend Adv 0.00% 39 $2K No change
FDX FedEx Corp. 0.00% 9 $2K No change
OXY Occidental Petroleum Corp. 0.00% 60 $2K No change
FBRT Franklin BSP Realty Trust Inc. 0.00% 234 $2K No change
ACHR Archer Aviation Inc. Class A 0.00% 300 $2K No change
VOOG Vanguard S&P 500 Growth ETF 0.00% 5 $2K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 40 $2K New
CCL Carnival Corp. 0.00% 70 $2K No change
MS Morgan Stanley 0.00% 12 $2K New
SLB SLB Ltd. filed as SLB LIMITED 0.00% 55 $2K No change
DAL Delta Air Lines Inc. 0.00% 30 $2K No change
PG The Procter & Gamble Co. 0.00% 14 $2K No change
CMPS Compass Pathways PLC 0.00% 300 $2K New
DJT Trump Media & Technology Gro 0.00% 150 $2K New
COP Conocophillips 0.00% 21 $2K Add +250.0%
JPM JPMorgan Chase & Co. 0.00% 6 $2K New
CSCO Cisco Systems Inc. 0.00% 25 $2K New
KHC The Kraft Heinz Co. 0.00% 79 $2K Add +1.3%
JCI Johnson Controls Internation 0.00% 16 $2K New
BLSH Bullish 0.00% 48 $2K Add +100.0%
NVS Novartis AG-Sponsored ADR 0.00% 13 $2K New
MRK Merck & Co. Inc. 0.00% 17 $2K New
MDT Medtronic PLC 0.00% 18 $2K New
PRU Prudential Financial Inc. 0.00% 15 $2K No change
KIE SS SPDR S&P Insurance ETF 0.00% 28 $2K No change
GD General Dynamics Corp. 0.00% 5 $2K New
RTX RTX Corp. 0.00% 9 $2K New
KMB Kimberly-Clark Corp. 0.00% 16 $2K No change
C Citigroup Inc. 0.00% 14 $2K New
TFC Truist Financial Corp. 0.00% 33 $2K New
XOM Exxon Mobil Corp. 0.00% 13 $2K New
RPD RAPID7 Inc. 0.00% 100 $2K New
UAMY United States Antimony Corp. 0.00% 302 $2K New
VUG Vanguard Mrngstar GR ETF-Sui 0.00% 3 $1K No change
JANH Innov Prem Inc. 20 Barr - Jan 0.00% 57 $1K Reduce -1.7%
LAES Sealsq Corp. 0.00% 330 $1K New
TDIV FT Nasdaq Tech DVD Index FD 0.00% 12 $1K No change
TRV The Travelers Cos Inc. 0.00% 4 $1K New
KMI Kinder Morgan Inc. 0.00% 30 $825 No change
BDX Becton Dickinson and Co. 0.00% 4 $776 New
IWR iShares Russell Mid-Cap ETF 0.00% 8 $770 Reduce -89.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 5 $768 No change
RTH Vaneck Retail ETF 0.00% 3 $749 No change
PRIORITY INCOME FUND INC CLASS R 0.00% 138 $717 No change
IBB iShares Biotechnology ETF 0.00% 4 $675 No change
DFE Wisdomtree Eur S/C Dividend 0.00% 8 $575 No change
SHASF Shamaran Petroleum Corp. 0.00% 3,000 $522 No change
RHHBY Roche Holdings Ltd.-Spons ADR 0.00% 10 $516 No change
HTGC Hercules Capital Inc. 0.00% 25 $471 No change
VIG Vanguard Dividend Apprec ETF 0.00% 2 $440 No change
EES Wisdomtree US Smallcap Fund 0.00% 7 $399 No change
TGT Target Corp. 0.00% 4 $391 No change
FIG Figma Inc. Class A 0.00% 10 $374 New
CTXR Citius Pharmaceuticals Inc. 0.00% 435 $338 No change
IJH iShares Core S&P Midcap ETF 0.00% 5 $330 No change
FDN First Trust DJ Internet Ind 0.00% 1 $269 No change
PSKY Paramount Skydance Class B 0.00% 20 $268 No change
FBT First Trust Nyse Arca Biotec 0.00% 1 $207 No change
BILS SS Spdrb B 3-12M T-Bill ETF 0.00% 2 $202 Reduce -99.6%
DFJ Wisdomtree JPN S/C DVD Fund 0.00% 2 $193 No change
GEHC GE Healthcare Technology 0.00% 2 $164 No change
CRWV Coreweave Inc. Class A 0.00% 2 $143 New
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.00% 3 $117 No change
VTRS Viatris Inc. 0.00% 9 $112 No change
OMC Omnicom Group 0.00% 1 $81 New
Other holdings (17): bonds, preferreds, convertibles and warrants · $202K (not counted above)
SecurityClassShares / PrincipalValueChange
JPMORGAN CHASE BANK 0PCT26CD FDIC INS DUE 09/03/26US NON-MARKETPLACE CDS · principal 75,000$76KNo change
ELI LILLY AND CO 4.25PCT31 DUE 03/15/31 CORPORATE BONDS · principal 10,000$10KNew
MERCK & CO., INC 4.15PCT30 DUE 09/15/30 CORPORATE BONDS · principal 10,000$10KNew
ALPHABET INC. 4.375PCT32 DUE 11/15/32 CORPORATE BONDS · principal 10,000$10KNew
KALAMAZOO MICH HOSP 4pct31SYST HLTH DUE 05/15/31XTRO MUNI BONDS · principal 10,000$10KNo change
ELI LILLY AND CO 4.6PCT34 DUE 08/14/34 CORPORATE BONDS · principal 10,000$10KNew
META PLATFORMS, I 4.2PCT30 DUE 11/15/30 CORPORATE BONDS · principal 10,000$10KNew
AMAZON.COM, INC. 4.1PCT30 DUE 11/20/30 CORPORATE BONDS · principal 10,000$10KNew
AMAZON.COM, INC. 4.35PCT33 DUE 03/20/33 CORPORATE BONDS · principal 10,000$10KNew
THE PROCTER & GAM 4.1PCT32 DUE 11/03/32 CORPORATE BONDS · principal 10,000$10KNew
MICHIGAN FIN AUTH R 3PCT33SYST HLTH DUE 11/15/33OID XTRO MUNI BONDS · principal 10,000$10KNo change
MICHIGAN FIN AUT 3.26PCT31REV UTX DUE 11/01/31XTRO TAXBL MUNI BONDS · principal 10,000$10KNo change
MICHIGAN FIN AUTH R 5PCT34POOL AUTH DUE 05/01/34 MUNI BONDS · principal 5,000$5KNo change
LAKE SUPERIOR ST UN 4PCT32PUB EDUC DUE 01/15/32 MUNI BONDS · principal 5,000$5KNo change
MICHIGAN FIN AU 3.125PCT33SYST HLTH DUE 12/01/33OID XTRO MUNI BONDS · principal 5,000$5KNo change
CORBF Global Cord Blood Corp. COM · principal 165$157New
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 7$135No change
Lines left out (1) · $115 — a value with no share or principal amount
SecurityClassSharesValue
PATH Uipath Inc. Class A CL A0$115

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $81.1M.

Portfolio Sells Q3 2025 → Q4 2025
KNOV Inn US SML CP Pow B ETF - No Sold out 0.00% −3.21
PAUG Innovator U.S. Equity Power Sold out 0.00% −3.10
DDTL Invtr Eq D Di 10 B ETF - Jul Sold out 0.00% −2.72
QQQM Invesco Nasdaq 100 ETF Reduce -58.3% 3.98% −2.66
GLD SPDR Gold Shares Reduce -57.4% 4.79% −2.37
WMT Walmart Inc. Sold out 0.00% −2.13
PNOV Innovator U.S. Equity Power Sold out 0.00% −1.71
KSEP Inv US SML Cap P B ETF - Sep Sold out 0.00% −1.69
NJUL Innovator Growth 100 Power B Sold out 0.00% −1.43
NAUG Innov G-100 Powr BF ETF -Aug Sold out 0.00% −1.20
SFLR Innovator Eqty MGD Floor ETF Reduce -99.0% 0.02% −1.11
IJUL Innovator International Deve Sold out 0.00% −0.61
NNOV Innovator G-100 PB ETF - Nov Sold out 0.00% −0.60
SLV iShares Silver Trust Reduce -99.6% 0.00% −0.49
FLOT iShares Floating Rate Bond E Sold out 0.00% −0.46
QFLR Innovator Nasdaq-100 MF ETF Sold out 0.00% −0.44
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -85.5% 0.11% −0.43
KJUL Innovator U.S. Small Cap Pow Sold out 0.00% −0.37
AGG iShares Core U.S. Aggregate Sold out 0.00% −0.36
PSEP Innovator U.S. Equity Power Sold out 0.00% −0.33
VXUS Vanguard Total Intl Stock Sold out 0.00% −0.33
IAUG Innov in DVLP PWRB ETF - Aug Sold out 0.00% −0.32
VCIT Vanguard Int-Term Corporate Sold out 0.00% −0.32
SHYG iShares 0-5 YR HY Corp. Bond Sold out 0.00% −0.32
RFLR Innovator US S Cap MNG F ETF Sold out 0.00% −0.30
PFF iShares Preferred & Income S Reduce -85.2% 0.08% −0.29
USFR Wisdomtree Floating Rate Tre Reduce -92.2% 0.04% −0.29
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −0.28
AAPL Apple Inc. Reduce -59.5% 0.43% −0.28
TLT iShares 20+ Year Treasury BD Reduce -85.0% 0.07% −0.25
NSEP Innovator G100 PB ETF-Sep Sold out 0.00% −0.24
SVOL Simplify Volatility Premium Reduce -74.4% 0.12% −0.22
VUSB Vanguard Ultra Short Bond Et Sold out 0.00% −0.20
KAPR Innovator U.S. Small Cap Pow Sold out 0.00% −0.19
MGK Vngrd Mrgstr MG CP GR ETF-Ui Sold out 0.00% −0.19
MGV Vngrd Mrgstr MG CP VL ETF-Ui Sold out 0.00% −0.19
QRMI Global X Nasdaq 100 Risk Man Reduce -81.0% 0.06% −0.16
QQQ Invesco QQQ Trust Series 1 Reduce -50.5% 0.35% −0.14
VBTLX Vanguard TTL BD MKT Idx-Adm Sold out 0.00% −0.12
VTSAX VNGD Mrngst TS MK Idx FD-Adm Sold out 0.00% −0.11
VTIAX Vanguard TTL Int St Idx-Adm Sold out 0.00% −0.08
IGV iShares Expanded Tech-Softwa Sold out 0.00% −0.08
CADUX Cion Ares Divers Cred-I Sold out 0.00% −0.07
XRMI Global X S&P 500 Risk Manage Reduce -68.2% 0.05% −0.06
AVGO Broadcom Inc. Sold out 0.00% −0.05
OWL Blue Owl Capital Inc. Sold out 0.00% −0.05
XLY SS Consumer Disc Select Sect Reduce -59.4% 1.19% −0.05
TLTW iShares 20+ Bond Buywrite Reduce -52.0% 0.10% −0.05
NBARX Af Rtrmnt Inc.-Moderate-A Sold out 0.00% −0.05
BND Vanguard Total Bond Market Sold out 0.00% −0.05

Portfolio Buys Q3 2025 → Q4 2025
TFLO iShares Treasury Floating Ra Add +53.0% 15.84% +8.51
VOO Vanguard S&P 500 ETF Add +2.1% 9.20% +2.94
UTWO F/M US Treasury 2 Year Note Add +4.2% 5.84% +1.87
SHV iShares 0-1 Year Treasury Bo Add +4.8% 5.69% +1.84
XLV SS Health Care Select Sector Add +103.0% 2.10% +1.42
EEM iShares MSCI Emerging Market Add +3.0% 3.60% +1.16
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +2.7% 2.46% +0.79
XLP SS Consumer Staples Sel Sect New 0.68% +0.68
VB Vanguard Most SM-Cap ETF-Usd Add +3.1% 1.78% +0.57
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +3.4% 1.75% +0.54
BOXX Alpha Architect 1-3 MNTH Box Add +673.3% 0.59% +0.53
NVDA Nvidia Corp. Add +2.0% 1.68% +0.51
OVL Overlay Shares Large Cap Eq Add +232.8% 0.58% +0.46
OVB Overlay Shares Core Bond ETF Add +1876.2% 0.47% +0.46
XLB SS Materials Select Sector Add +3.8% 1.14% +0.38
XLI SS Industrial Select Sector Add +2.8% 1.16% +0.37
SSO Proshares Ultra S&P500 Add +8946.4% 0.36% +0.36
XLF SS Financial Select Sector Add +1.8% 1.06% +0.34
XLC SS Comm Select Sector SPDR Add +0.7% 1.05% +0.32
XLE SS Energy Select Sector Add +0.3% 1.01% +0.30
XLRE SS Real Estate Select Sector Add +3.9% 0.99% +0.28
CTA Simplify Managed Futures St Add +22.3% 0.60% +0.24
QQQI Neos Nasdaq-100 High Inc. ETF New 0.24% +0.24
GOOGL Alphabet Inc. Class A Add +6.6% 0.37% +0.18
HYGW iShares HY Corp. BD Buywr ETF Add +80.4% 0.24% +0.14
VGT Vanguard Info Tech ETF New 0.12% +0.12
AMZN Amazon.com Inc. Add +1945.0% 0.12% +0.11
PFIX Simplify Interest Rate Hedge Add +26.1% 0.21% +0.09
MSFT Microsoft Corp. Add +2.8% 0.33% +0.09
SPYI Neos S&P 500 High Income ETF New 0.07% +0.07
TBIL F/M US Treasury 3 Month Bill Add +22.9% 0.17% +0.07
YGLD Simplify Gold Strategy ETF Add +7.6% 0.19% +0.07
META Meta Platforms Inc. Class A Add +64.0% 0.12% +0.06
IBIT iShares Bitcoin Trust ETF Add +48.9% 0.16% +0.06
TSLA Tesla Inc. Add +22.7% 0.10% +0.04
GE General Electric Add +1666.7% 0.04% +0.04
EMB iShares JP Morgan Usd Emergi Add +17.9% 0.10% +0.04
IWM iShares Russell 2000 ETF Add +9.0% 0.09% +0.03
CWB SS SPDR BB Conv Sec ETF Add +20.6% 0.07% +0.03
DIA SS SPDR Dow Jones Indus Avg Add +12.8% 0.07% +0.03
KOCT Innovator U.S. Small Cap Pow New 0.02% +0.02
GEV GE Vernova Inc. Add +2500.0% 0.02% +0.02
SGOV iShares 0-3 Month Treasury B New 0.02% +0.02
ISRG Intuitive Surgical Inc. New 0.01% +0.01
IWF iShares Russell 1000 Growth New 0.01% +0.01
TBJL Innovator 20 YR T Bond 9 Buf New 0.01% +0.01
VKTX Viking Therapeutics Inc. Add +150.0% 0.01% +0.01
IWD iShares Russell 1000 Value E New 0.01% +0.01
NLCP Newlake Capital Partners Inc. New 0.01% +0.01
MAXI Simplify Bitcoin STRT ETF-Ui Add +73.9% 0.04% +0.01

Notes & Other Activity Q3 2025 → Q4 2025
SWVXX Schwa Prime Adv Money FD-Inv SCHWAB NON-SWEEP MMF · principal Sold out 1,454,557 $1.5Mbefore exit
SNVXX Schwab Govt MNY FND-Inv SCHWAB NON-SWEEP MMF · principal Sold out 53,100 $53Kbefore exit
IBM CORP (IBM 7 10/30/25) CORPORATE BONDS · principal Sold out 20,000 $20Kbefore exit
PUGET SOUND ENER 7.02PCT27 DUE 12/01/27 CORPORATE BONDS · principal Sold out 15,000 $16Kbefore exit
ELI LILLY AND CO 4.25PCT31 DUE 03/15/31 CORPORATE BONDS · principal New 10,000 $10K
MERCK & CO., INC 4.15PCT30 DUE 09/15/30 CORPORATE BONDS · principal New 10,000 $10K
ALPHABET INC. 4.375PCT32 DUE 11/15/32 CORPORATE BONDS · principal New 10,000 $10K
ELI LILLY AND CO 4.6PCT34 DUE 08/14/34 CORPORATE BONDS · principal New 10,000 $10K
META PLATFORMS, I 4.2PCT30 DUE 11/15/30 CORPORATE BONDS · principal New 10,000 $10K
AMAZON.COM, INC. 4.1PCT30 DUE 11/20/30 CORPORATE BONDS · principal New 10,000 $10K
AMAZON.COM, INC. 4.35PCT33 DUE 03/20/33 CORPORATE BONDS · principal New 10,000 $10K
THE PROCTER & GAM 4.1PCT32 DUE 11/03/32 CORPORATE BONDS · principal New 10,000 $10K
WAYNE ST UNIV MIC 2.5PCT30PUB EDUC DUE 11/15/30OID MUNI BONDS · principal Sold out 10,000 $10Kbefore exit
WAYNE CNTY MICH ARP 5PCT27AIR TRAN DUE 12/01/27XTRO MUNI BONDS · principal Sold out 5,000 $5Kbefore exit
WAYNE CNTY MICH ARP 5PCT33AIR TRAN DUE 12/01/33XTRO AMT MUNI BONDS · principal Sold out 5,000 $5Kbefore exit
SMITH CONS DRAI 2.625PCT34REV LTX DUE 05/01/34OID MUNI BONDS · principal Sold out 5,000 $5Kbefore exit
CORBF Global Cord Blood Corp. COM · principal New 165 $157
PATH Uipath Inc. Class A CL A New 0 $115
RIVERNORTH OPPORTUNI-RT RIGHT 10/06/2025 Sold out 537 $5before exit
PCLAX PIMCO CP and BD Alp FD-A Usd NTF EQUITY FUNDS Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 346$88.4MTFLO, VOO, UTWO, SGOL, SHV
Q1 2026 78$74.8MTFLO, SHV, SGOL, UTWO, VOO
Q4 2025 258$80.9MTFLO, VOO, SGOL, UTWO, SHV
Q3 2025 326$114.1MTFLO, GLD, QQQM, VOO, SGOL
Q2 2025 331$100.7MTFLO, QQQM, VOO, GLD, PNOV
Q1 2025 241$92.7MTFLO, PNOV, SHV, TLT, SFLR
Q4 2024 224$57.0MTFLO, TLT, SGOL, SHV, GLDM