M1 Capital Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), M1 Capital Management LLC reported 105 stock positions worth $231.6 million. Its top holding was Apple (AAPL) at 8.9% of the portfolio, followed by iShares S&P 500 Growth ETF (IVW, 7.6%) and iShares S&P 500 Value ETF (IVE, 7.1%). Compared with Q2 2025, it opened 12 new positions, sold out of 1, added to 54 and reduced 28. The biggest buy was a new position in iShares S&P Small-Cap 600 Va (IJS) and the biggest sale iShares S&P 500 Growth ETF (IVW, shares −4%).

Most Recent 13F
Q2 2026
Location
TROY, MI
CIK
0001976157
Portfolio Value
$231.6M (Q3 2025)
SEC Filing
0001976157-25-000008 ↗ filed Nov 12, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q4 2024: $185.1M Q4 2024 Q1 2025: $159.9M Q1 2025 Q2 2025: $198.4M Q2 2025 Q3 2025: $231.6M $231.6M Q3 2025 Q4 2025: $239.6M Q4 2025 Q1 2026: $217.0M Q1 2026 Q2 2026: $270.8M Q2 2026

Holdings 105 stocks · $231.6M
AAPL Apple Inc. 8.89% 80,902 $20.6M Add +0.1%
IVW iShares S&P 500 Growth ETF 7.55% 144,887 $17.5M Reduce -4.0%
IVE iShares S&P 500 Value ETF 7.11% 79,803 $16.5M Reduce -0.8%
SPYM Ste STR SPDR PT S&P 500 ETF 4.87% 144,029 $11.3M Add +3.2%
QUAL iShares MSCI USA Quality Fac 4.13% 49,230 $9.6M Add +6.9%
EFV iShares MSCI Eafe Value ETF 3.98% 135,974 $9.2M Add +3.8%
DYNF Ishrs US E F R A ETF-Usd Inc. 3.60% 140,812 $8.3M Add +2.3%
QQQ Invesco QQQ Trust Series 1 3.16% 12,209 $7.3M Reduce -3.0%
IEMG iShares Core MSCI Emerging 2.61% 91,568 $6.0M Add +4.5%
META Meta Platforms Inc. Class A 2.43% 7,655 $5.6M Add +3.5%
SPY SS SPDR S&P 500 ETF Trust-US 2.12% 7,387 $4.9M Reduce -6.9%
EFA iShares MSCI Eafe ETF 2.10% 52,054 $4.9M Reduce -0.6%
ZECP Zacks Earnings Consistent Po 2.03% 139,609 $4.7M Add +57.3%
XLG Invesco S&P 500 Top 50 ETF 1.78% 71,828 $4.1M Add +9.8%
THRO iShares U.S. Thematic Rotati 1.63% 100,033 $3.8M Add +4.3%
EEM iShares MSCI Emerging Market 1.60% 69,220 $3.7M Reduce -5.1%
IVV iShares Core S&P 500 ETF 1.56% 5,416 $3.6M Reduce -4.1%
IJK iShares S&P Mid-Cap 400 Grow 1.53% 36,986 $3.5M Reduce -6.2%
IJJ iShares S&P Mid-Cap 400 Valu 1.53% 27,324 $3.5M Reduce -6.2%
IJS iShares S&P Small-Cap 600 Va 1.50% 31,458 $3.5M New
IJT iShares S&P Small-Cap 600 GR 1.50% 24,505 $3.5M New
EFG iShares MSCI Eafe Growth ETF 1.47% 29,853 $3.4M Add +0.8%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 1.43% 70,806 $3.3M Reduce -1.9%
SPMO Invesco S&P 500 Momentum ETF 1.20% 22,996 $2.8M Add +1.9%
IYW iShares Ustechnology ETF 1.18% 14,007 $2.7M Reduce -2.1%
XTEN Bondbloxx BBG 10Y US TSY ETF 1.18% 58,705 $2.7M Add +1.6%
AMZN Amazon.com Inc. 1.17% 12,297 $2.7M Add +11.8%
NVDA Nvidia Corp. 1.11% 13,732 $2.6M Add +23.4%
MSFT Microsoft Corp. 1.07% 4,768 $2.5M Add +11.7%
IWC iShares Micro-Cap ETF 1.05% 16,370 $2.4M Reduce -6.1%
SCHZ Schwab US Aggregate Bond ETF 1.04% 102,399 $2.4M Add +1.0%
TSLA Tesla Inc. 1.01% 5,271 $2.3M Add +9.9%
SMIZ Zacks Small/Mid Cap ETF 0.92% 57,178 $2.1M Add +58.2%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.84% 22,401 $2.0M Reduce -0.2%
BRK.B Berkshire Hathaway Inc. Class B 0.79% 3,634 $1.8M No change
BAI Ishrs AI in and Tech Act ETF 0.78% 52,944 $1.8M Add +6.6%
IEFA iShares Core MSCI Eafe ETF 0.73% 19,319 $1.7M Add +64.0%
PLTR Palantir Technologies Inc. Class A 0.61% 7,704 $1.4M Add +11.0%
GOOGL Alphabet Inc. Class A 0.59% 5,593 $1.4M Add +14.2%
GROZ Zacks Focus Growth ETF 0.57% 45,337 $1.3M Add +59.1%
GE General Electric filed as GE AEROSPACE 0.54% 4,155 $1.3M Add +2.4%
IAGG iShares Intl Aggregate Bond 0.54% 24,258 $1.2M Add +1.7%
MBB iShares MBS ETF 0.50% 12,277 $1.2M Add +1.2%
DTE DTE Energy Company 0.47% 7,705 $1.1M Add +0.2%
GLDM SPDR Gold Minishares Trust 0.46% 13,903 $1.1M Add +0.0%
WMT Walmart Inc. 0.44% 9,823 $1.0M Add +10.1%
PEP Pepsico Inc. 0.42% 6,848 $962K Add +2.8%
AVGO Broadcom Inc. 0.39% 2,715 $896K Reduce -8.9%
BINC iShares Flex I A ETF-Usd Inc. 0.36% 15,687 $835K Add +4.4%
VTI VG Morningstar TS MKT ETF-US 0.36% 2,533 $831K Reduce -7.1%
SCHE Schwab Emrg Mrkts Eqty ETF 0.36% 24,701 $824K Add +66.8%
DVY iShares Select Dividend ETF 0.35% 5,715 $812K Reduce -0.6%
IWM iShares Russell 2000 ETF 0.33% 3,176 $768K Reduce -1.2%
AMD Advanced Micro Devices 0.31% 4,465 $722K Add +66.4%
AGG iShares Core U.S. Aggregate 0.31% 7,124 $714K Add +50.5%
JPM JPMorgan Chase & Co. 0.31% 2,246 $708K Add +0.6%
XOM Exxon Mobil Corp. 0.30% 6,253 $705K Add +1.3%
GEV GE Vernova Inc. 0.30% 1,136 $699K No change
COST Costco Wholesale Corp. 0.26% 644 $596K Add +18.4%
GLD SPDR Gold Shares 0.22% 1,423 $506K No change
NFLX Netflix Inc. 0.22% 417 $500K Add +17.1%
MA Mastercard Inc. Class A 0.21% 872 $496K Add +8.6%
DFUS Dimensional US Eq MKT ETF 0.21% 6,778 $491K No change
IUSG iShares Core S&P U.S. Growth 0.21% 2,968 $488K Reduce -7.5%
IWR iShares Russell Mid-Cap ETF 0.20% 4,858 $469K No change
DTM DT Midstream Inc. 0.20% 4,088 $462K Add +0.2%
SDY SS SPDR S&P Dividend ETF 0.20% 3,250 $455K Add +0.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.19% 1,523 $447K Add +0.3%
GOOG Alphabet Inc. Class C 0.18% 1,755 $427K Reduce -16.9%
IJR iShares Core S&P Small-Cap E 0.18% 3,493 $415K Reduce -3.3%
LLY Eli Lilly & Co. 0.18% 533 $407K Add +10.8%
CAT Caterpillar Inc. 0.17% 844 $403K Reduce -29.7%
VEA Vanguard Ftse Developed ETF 0.17% 6,718 $403K Add +3.0%
DFUV Dimensional US Marketwide Va 0.17% 8,666 $387K No change
ADP Automatic Data Processing 0.17% 1,306 $383K No change
VOO Vanguard S&P 500 ETF 0.16% 623 $382K Add +0.2%
HD Home Depot Inc. 0.16% 941 $381K Add +2.6%
VONV Vanguard Russell 1000 Value 0.16% 4,192 $375K Add +44.0%
ABBV Abbvie Inc. 0.16% 1,612 $373K Add +9.1%
V Visa Inc. Class A 0.15% 1,048 $358K Add +18.1%
HOOD Robinhood Markets Inc. Class A 0.15% 2,466 $353K Reduce -2.3%
SOFI Sofi Technologies Inc. 0.14% 12,700 $336K Add +12.4%
SPDW Ste STR SPDR PT DW Eu ETF 0.14% 7,512 $321K Reduce -2.7%
SHOP Shopify Inc. Class A 0.14% 2,160 $321K No change
TFI SS SPDR N Ice Muni Bond ETF 0.13% 6,726 $307K Reduce -12.3%
BIL SS SPDR BB 1-3M T-Bill ETF 0.13% 3,318 $304K Reduce -5.3%
VNQ Vanguard Real Estate ETF 0.13% 3,285 $300K Add +0.8%
VMBS Vanguard Mortgage-Backed Sec 0.13% 6,324 $297K New
SPIB SS SPDR P Int C Corp. ETF 0.13% 8,693 $295K New
XLSR SS US Sector Rotation 0.12% 4,855 $289K Reduce -4.5%
PANW Palo Alto Networks Inc. 0.12% 1,398 $285K Add +3.3%
VGSH Vanguard Short-Term Treasury 0.12% 4,819 $284K New
KO The Coca-Cola Co. 0.11% 4,010 $266K Add +6.1%
SYK Stryker Corp. 0.11% 698 $258K No change
PG The Procter & Gamble Co. 0.11% 1,612 $248K Reduce -16.9%
VB Vanguard Most SM-Cap ETF-Usd 0.10% 945 $240K No change
APH Amphenol Corp. Class A 0.10% 1,904 $236K New
ICSH iShares Ultra Short Duration 0.10% 4,614 $234K Reduce -2.4%
MCD McDonald's Corp. 0.10% 743 $226K New
SHEL Shell PLC-ADR 0.10% 3,133 $224K No change
CVX Chevron Corp. 0.09% 1,400 $217K New
XLK SS Technology Select Sector 0.09% 771 $217K New
EXPE Expedia Group Inc. 0.09% 990 $212K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.09% 715 $202K New
PDBC Invesco Optimum Yield Divers 0.06% 10,650 $143K New

Portfolio Sells Q2 2025 → Q3 2025
IVW iShares S&P 500 Growth ETF Reduce -4.0% 7.55% −0.83
IVE iShares S&P 500 Value ETF Reduce -0.8% 7.11% −0.81
SPY SS SPDR S&P 500 ETF Trust-US Reduce -6.9% 2.12% −0.35
QQQ Invesco QQQ Trust Series 1 Reduce -3.0% 3.16% −0.33
IJJ iShares S&P Mid-Cap 400 Valu Reduce -6.2% 1.53% −0.28
IJK iShares S&P Mid-Cap 400 Grow Reduce -6.2% 1.53% −0.28
EFA iShares MSCI Eafe ETF Reduce -0.6% 2.10% −0.26
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -1.9% 1.43% −0.25
IVV iShares Core S&P 500 ETF Reduce -4.1% 1.56% −0.20
EEM iShares MSCI Emerging Market Reduce -5.1% 1.60% −0.18
CRM Salesforce Inc. Sold out 0.00% −0.16
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -0.2% 0.84% −0.08
IWC iShares Micro-Cap ETF Reduce -6.1% 1.05% −0.07
IYW iShares Ustechnology ETF Reduce -2.1% 1.18% −0.07
CAT Caterpillar Inc. Reduce -29.7% 0.17% −0.06
VTI VG Morningstar TS MKT ETF-US Reduce -7.1% 0.36% −0.06
PG The Procter & Gamble Co. Reduce -16.9% 0.11% −0.05
TFI SS SPDR N Ice Muni Bond ETF Reduce -12.3% 0.13% −0.04
DVY iShares Select Dividend ETF Reduce -0.6% 0.35% −0.03
IUSG iShares Core S&P U.S. Growth Reduce -7.5% 0.21% −0.03
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -5.3% 0.13% −0.03
AVGO Broadcom Inc. Reduce -8.9% 0.39% −0.03
IJR iShares Core S&P Small-Cap E Reduce -3.3% 0.18% −0.02
ICSH iShares Ultra Short Duration Reduce -2.4% 0.10% −0.02
SPDW Ste STR SPDR PT DW Eu ETF Reduce -2.7% 0.14% −0.02
IWM iShares Russell 2000 ETF Reduce -1.2% 0.33% −0.02
XLSR SS US Sector Rotation Reduce -4.5% 0.12% −0.02
GOOG Alphabet Inc. Class C Reduce -16.9% 0.18% −0.00
HOOD Robinhood Markets Inc. Class A Reduce -2.3% 0.15% +0.03

Portfolio Buys Q2 2025 → Q3 2025
IJS iShares S&P Small-Cap 600 Va New 1.50% +1.50
IJT iShares S&P Small-Cap 600 GR New 1.50% +1.50
ZECP Zacks Earnings Consistent Po Add +57.3% 2.03% +0.60
AAPL Apple Inc. Add +0.1% 8.89% +0.53
SMIZ Zacks Small/Mid Cap ETF Add +58.2% 0.92% +0.30
TSLA Tesla Inc. Add +9.9% 1.01% +0.24
IEFA iShares Core MSCI Eafe ETF Add +64.0% 0.73% +0.23
NVDA Nvidia Corp. Add +23.4% 1.11% +0.22
GROZ Zacks Focus Growth ETF Add +59.1% 0.57% +0.19
GOOGL Alphabet Inc. Class A Add +14.2% 0.59% +0.15
SCHE Schwab Emrg Mrkts Eqty ETF Add +66.8% 0.36% +0.13
PLTR Palantir Technologies Inc. Class A Add +11.0% 0.61% +0.13
VMBS Vanguard Mortgage-Backed Sec New 0.13% +0.13
SPIB SS SPDR P Int C Corp. ETF New 0.13% +0.13
VGSH Vanguard Short-Term Treasury New 0.12% +0.12
AMD Advanced Micro Devices Add +66.4% 0.31% +0.12
APH Amphenol Corp. Class A New 0.10% +0.10
MCD McDonald's Corp. New 0.10% +0.10
CVX Chevron Corp. New 0.09% +0.09
XLK SS Technology Select Sector New 0.09% +0.09
EXPE Expedia Group Inc. New 0.09% +0.09
IBM Intl Business Machines Corp. New 0.09% +0.09
AGG iShares Core U.S. Aggregate Add +50.5% 0.31% +0.07
XLG Invesco S&P 500 Top 50 ETF Add +9.8% 1.78% +0.07
PDBC Invesco Optimum Yield Divers New 0.06% +0.06
BAI Ishrs AI in and Tech Act ETF Add +6.6% 0.78% +0.06
SOFI Sofi Technologies Inc. Add +12.4% 0.14% +0.04
VONV Vanguard Russell 1000 Value Add +44.0% 0.16% +0.04
ABBV Abbvie Inc. Add +9.1% 0.16% +0.02
GE General Electric Add +2.4% 0.54% +0.01
GLDM SPDR Gold Minishares Trust Add +0.0% 0.46% −0.00
WMT Walmart Inc. Add +10.1% 0.44% −0.00
V Visa Inc. Class A Add +18.1% 0.15% −0.00
MSFT Microsoft Corp. Add +11.7% 1.07% −0.00
HD Home Depot Inc. Add +2.6% 0.16% −0.00
LLY Eli Lilly & Co. Add +10.8% 0.18% −0.01
MA Mastercard Inc. Class A Add +8.6% 0.21% −0.01
VOO Vanguard S&P 500 ETF Add +0.2% 0.16% −0.01
VEA Vanguard Ftse Developed ETF Add +3.0% 0.17% −0.01
COST Costco Wholesale Corp. Add +18.4% 0.26% −0.01
VNQ Vanguard Real Estate ETF Add +0.8% 0.13% −0.02
PANW Palo Alto Networks Inc. Add +3.3% 0.12% −0.02
KO The Coca-Cola Co. Add +6.1% 0.11% −0.02
JPM JPMorgan Chase & Co. Add +0.6% 0.31% −0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.3% 0.19% −0.02
NFLX Netflix Inc. Add +17.1% 0.22% −0.02
SDY SS SPDR S&P Dividend ETF Add +0.2% 0.20% −0.03
DTM DT Midstream Inc. Add +0.2% 0.20% −0.03
PEP Pepsico Inc. Add +2.8% 0.42% −0.03
XOM Exxon Mobil Corp. Add +1.3% 0.30% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 113$270.8MSPYM, AAPL, IVE, IVW, DYNF
Q1 2026 111$217.0MAAPL, IVE, SPYM, DYNF, XLG
Q4 2025 112$239.6MAAPL, IVW, IVE, SPYM, EFV
Q3 2025 105$231.6MAAPL, IVW, IVE, SPYM, QUAL
Q2 2025 94$198.4MIVW, AAPL, IVE, SPYM, QUAL
Q1 2025 89$159.9MAAPL, SPYM, IVW, IVE, QUAL
Q4 2024 86$185.1MAAPL, SPYM, IVW, IVE, QQQ