Main Street Group, LTD

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Main Street Group, LTD reported 757 stock positions worth $228.1 million. Its top holding was Proshares Ultra S&P500 (SSO) at 20.4% of the portfolio, followed by Proshares Ultra QQQ (QLD, 19.9%) and Pgim Ultra Short Bond ETF (PULS, 14.8%). Compared with Q4 2024, it opened 61 new positions, sold out of 40, added to 180 and reduced 74. The biggest buy was Pgim Ultra Short Bond ETF (PULS, shares +4%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −1%).

Most Recent 13F
Q2 2026
Location
GLEN ALLEN, VA
CIK
0001965796
Portfolio Value
$228.1M (Q1 2025)
SEC Filing
0002056519-25-000004 ↗ filed May 14, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $204.8M Q1 2024 Q2 2024: $213.9M Q2 2024 Q3 2024: $224.2M Q3 2024 Q4 2024: $238.5M Q4 2024 Q1 2025: $228.1M $228.1M Q1 2025 Q2 2025: $276.0M Q2 2025 Q3 2025: $311.9M Q3 2025 Q4 2025: $289.9M Q4 2025 Q1 2026: $313.5M Q1 2026 Q2 2026: $401.8M Q2 2026

Holdings 757 stocks · $228.1M
SSO Proshares Ultra S&P500 20.45% 563,385 $46.6M Add +4.4%
QLD Proshares Ultra QQQ 19.88% 510,055 $45.3M Add +4.3%
PULS Pgim Ultra Short Bond ETF 14.85% 681,064 $33.9M Add +3.9%
SCHO Schwab Short-Term US Treas 5.43% 509,144 $12.4M Add +5.7%
MSFT Microsoft Corp. 4.10% 24,888 $9.3M Add +1.4%
QQQ Invesco QQQ Trust Series 1 2.94% 14,300 $6.7M Reduce -1.4%
AAPL Apple Inc. 1.66% 17,022 $3.8M Add +9.8%
UPRO Proshares Ultrapro S&P 500 1.43% 44,208 $3.3M Add +2.2%
TQQQ Proshares Ultrapro QQQ 1.24% 49,487 $2.8M Add +1.9%
SPY SS SPDR S&P 500 ETF Trust-US 1.10% 4,479 $2.5M Reduce -1.7%
AMZN Amazon.com Inc. 0.92% 11,002 $2.1M Add +0.8%
VTI VG Morningstar TS MKT ETF-US 0.74% 6,181 $1.7M Reduce -0.3%
SCHX Schwab US Large-Cap ETF 0.70% 72,650 $1.6M Reduce -1.3%
NSC Norfolk Southern Corp. 0.67% 6,443 $1.5M Add +0.6%
SCHB Schwab US Broad Market ETF 0.65% 69,314 $1.5M Reduce -5.2%
COF Capital One Financial Corp. 0.65% 8,272 $1.5M Add +0.0%
RWJ Invesco S&P Smallcap 600 0.64% 35,635 $1.5M Add +8.7%
NVDA Nvidia Corp. 0.53% 11,147 $1.2M Reduce -6.2%
COST Costco Wholesale Corp. 0.52% 1,264 $1.2M Reduce -0.5%
PM Philip Morris International 0.50% 7,182 $1.1M Add +59.4%
DSI iShares ESG MSCI KLD 400 ETF 0.46% 10,216 $1.0M Add +9.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.42% 3,856 $959K No change
GLD SPDR Gold Shares 0.41% 3,284 $946K Reduce -17.1%
VGT Vanguard Info Tech ETF 0.40% 1,685 $913K Add +45.1%
NFLX Netflix Inc. 0.40% 970 $905K Reduce -1.7%
BRK.B Berkshire Hathaway Inc. Class B 0.38% 1,637 $872K Add +9.3%
UBSI United Bankshares Inc. 0.38% 24,841 $861K Add +4.1%
ABBV Abbvie Inc. 0.37% 3,980 $834K Add +0.3%
V Visa Inc. Class A 0.36% 2,343 $821K Add +0.6%
VOO Vanguard S&P 500 ETF 0.34% 1,490 $765K Reduce -1.0%
D Dominion Energy Inc. 0.33% 13,379 $750K Add +6.6%
RDVY First Trust Rising Dividend 0.33% 12,794 $749K Add +582.0%
JNJ Johnson & Johnson 0.32% 4,466 $740K Reduce -16.2%
NUKZ Range Nuclear Renaissance filed as EXCHANGE TRADED CONCEPTS TRU 0.30% 18,152 $692K Add +10.5%
MO Altria Group Inc. 0.29% 11,155 $669K Add +17.5%
IVV iShares Core S&P 500 ETF 0.29% 1,181 $664K Reduce -11.1%
GOOGL Alphabet Inc. Class A 0.29% 4,269 $660K Add +5.0%
PEP Pepsico Inc. 0.27% 4,151 $622K Reduce -4.0%
ABT Abbott Laboratories 0.24% 4,049 $537K Add +7.0%
IJR iShares Core S&P Small-Cap E 0.23% 5,080 $531K Add +3.3%
TSLA Tesla Inc. 0.23% 2,034 $527K Add +11.1%
VB Vanguard Most SM-Cap ETF-Usd 0.23% 2,322 $515K Reduce -2.1%
PSLV Sprott Physical Silver Trust 0.22% 43,799 $508K Reduce -6.0%
HD Home Depot Inc. 0.22% 1,357 $497K Reduce -3.2%
T AT&T Inc. 0.22% 17,387 $492K Add +1.1%
VTIP Vanguard Short-Term Tips 0.18% 8,381 $418K No change
PTY PIMCO Corporate & Income Opp 0.18% 28,354 $410K Add +120.2%
CMCSA Comcast Corp. Class A 0.18% 10,900 $402K Reduce -0.7%
IVW iShares S&P 500 Growth ETF 0.17% 4,274 $397K Add +1.6%
PG The Procter & Gamble Co. 0.17% 2,323 $396K Add +3.8%
ARES INDUSTRIAL REAL ESTATE INCOME TRUST INC CLASS I CONVERSION 0.17% 29,889 $384K Add +77.3%
META Meta Platforms Inc. Class A 0.15% 612 $353K Reduce -11.6%
VMC Vulcan Materials Co. 0.15% 1,492 $348K No change
ITW Illinois Tool Works 0.15% 1,368 $339K No change
IJH iShares Core S&P Midcap ETF 0.15% 5,793 $338K Add +3.0%
VZ Verizon Communications Inc. 0.14% 7,286 $330K Add +9.3%
RTX RTX Corp. 0.14% 2,459 $326K No change
RWL Invesco S&P 500 Revenue ETF 0.14% 3,231 $321K Add +3.2%
RSP Invesco S&P 500 Equal Weight 0.14% 1,837 $318K Reduce -5.3%
MCK McKesson Corp. 0.14% 467 $314K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 3,168 $313K Reduce -9.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.14% 842 $312K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.13% 1,183 $304K Reduce -3.3%
VIG Vanguard Dividend Apprec ETF 0.12% 1,427 $277K Add +0.6%
SAPGF Sap SE 0.12% 999 $264K No change
SCHD Schwab US DVD Equity ETF 0.12% 9,402 $263K Add +0.5%
CSX CSX Corp. 0.11% 8,864 $261K Add +8.8%
TIPX SS SPDR BB 1-10YR Tips ETF 0.11% 12,574 $241K No change
ORCL Oracle Corp. 0.10% 1,698 $237K Add +1.1%
IAU iShares Gold Trust 0.10% 3,824 $225K Add +0.6%
CL Colgate-Palmolive Co. 0.10% 2,400 $225K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 5,269 $220K No change
DNP DNP Select Income Fund Inc. 0.09% 21,638 $214K Add +10.8%
SYY Sysco Corp. 0.09% 2,779 $209K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.09% 1,201 $207K Reduce -0.9%
EFA iShares MSCI Eafe ETF 0.09% 2,530 $207K Reduce -12.8%
XOM Exxon Mobil Corp. 0.09% 1,691 $201K Add +3.4%
WMT Walmart Inc. 0.09% 2,281 $200K Reduce -3.0%
APO Apollo Global Management Inc. 0.09% 1,436 $197K Add +13.6%
VTWO Vanguard Russell 2000 ETF 0.09% 2,417 $195K Reduce -2.8%
IWM iShares Russell 2000 ETF 0.09% 976 $195K Reduce -6.8%
KO The Coca-Cola Co. 0.08% 2,704 $193K Reduce -1.5%
CAT Caterpillar Inc. 0.08% 580 $191K Add +8.6%
RSPT Invesco S&P 500 Equal Weight 0.08% 5,453 $186K No change
XMMO Invesco S&P Midcap Momentum 0.08% 1,582 $180K Add +7433.3%
TREASURY BILL (B 0 07/31/25) filed as US TREASURY 0.08% 180,000 $177K New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.08% 1,920 $176K No change
C Citigroup Inc. 0.08% 2,440 $173K Add +74.0%
FSSL FS Specialty Lending Fund 0.07% 49,319 $163K No change
BX Blackstone Inc. 0.07% 1,096 $153K Add +10.2%
SPLV Invesco S&P 500 Low Volatili 0.07% 1,999 $149K Add +1.3%
TREASURY BILL (B 0 08/14/25) filed as US TREASURY BILL25U S T BILL DUE 08/14/25 0.06% 150,000 $148K New
IYW iShares Ustechnology ETF 0.06% 1,029 $145K No change
CSCO Cisco Systems Inc. 0.06% 2,321 $143K Reduce -0.8%
INTU Intuit Inc. 0.06% 227 $139K No change
GE General Electric filed as GE AEROSPACE 0.06% 664 $133K Add +28.7%
ETV Eaton Vance T/M Buy-Writ Opp 0.06% 9,967 $132K Add +18.0%
TLT iShares 20+ Year Treasury BD 0.06% 1,443 $131K Add +65.5%
IJJ iShares S&P Mid-Cap 400 Valu 0.06% 1,085 $130K No change
O Realty Income Corp. 0.06% 2,231 $129K Add +346.2%

Show all 757 holdings

Other holdings (69): bonds, preferreds, convertibles and warrants · $31.5M (not counted above)
SecurityClassShares / PrincipalValueChange
US TREASURY N/B (T 0.375 07/31/27) FIX 6,417,000$5.9MAdd +1.1%
US TREASURY N/B (T 0.625 05/15/30) FIX 6,303,000$5.3MAdd +7.5%
US TREASURY N/B (T 0.625 07/31/26) FIX 3,646,000$3.5MAdd +11.0%
US TREASURY N/B (T 0.25 08/31/25) FIX 2,034,000$2.0MAdd +4.3%
US TREASURY N/B (T 0.375 01/31/26) Fixed Income 1,565,000$1.5MAdd +1.1%
US TREASURY N/B (T 1.125 10/31/26) FIX 1,544,000$1.5MReduce -0.8%
US TREASURY N/B (T 5 09/30/25) FIX 1,345,000$1.3MAdd +3.9%
US TREASURY N/B (T 0.5 04/30/27) FIX 1,210,000$1.1MAdd +32.7%
US TREASURY N/B (T 0.75 08/31/26) NOT 1,102,000$1.1MAdd +0.2%
US TREASURY N/B (T 0.75 03/31/26) FIXED 1,024,000$991KAdd +3.1%
US TREASURY N/B (T 0.375 04/30/25) FIX 889,000$886KNo change
US TREASURY N/B (T 0.25 06/30/25) FIX 708,000$701KAdd +4.6%
US TREASURY N/B (T 0.25 10/31/25) #N/A 560,000$547KNo change
US TREASURY N/B (T 5 10/31/25) FIX 484,000$486KNo change
US TREASURY N/B (T 0.375 11/30/25) FIX 388,000$378KAdd +1.6%
US TREASURY N/B (T 1.5 01/31/27) FIX 395,000$378KNo change
US TREASURY N/B (T 0.75 05/31/26) FIX 287,000$276KNo change
US TREASURY N/B (T 0.75 01/31/28) COM 275,000$252KAdd +252.6%
US TREASURY N/B (T 0.625 08/15/30) FIX 258,000$216KNo change
AXIS CAPITAL HLDGS LTD (AXS 5.5 PERP E) Pref 10,299$210KAdd +41.1%
US TREASURY N/B (T 0.25 07/31/25) FIX 208,000$205KNo change
US TREASURY N/B (T 4.625 10/15/26) Bond 197,000$199KNo change
US TREASURY N/B (T 3.125 08/15/25) FIX 140,000$139KNo change
US TREASURY N/B (T 1.75 01/31/29) FIX 146,000$135KNo change
US TREASURY N/B (T 0.375 12/31/25) FIX 134,000$130KNo change
US TREASURY N/B (T 0.25 09/30/25) FIX 132,000$129KNo change
US TREASURY N/B (T 4.75 07/31/25) FIX 115,000$115KNo change
US TREASURY N/B (T 0.625 03/31/27) FIX 112,000$105KNo change
US TREASURY N/B (T 0.25 05/31/25) FIX 102,000$101KReduce -23.9%
US TREASURY N/B (T 0.5 08/31/27) FIX 107,000$99KNo change
BROOKFIELD INFRASTRUCTUR (BIP 5 PERP 14) STOK 5,845$95KAdd +29.0%
US TREASURY N/B (T 6 02/15/26) FIX 90,000$91KNo change
US TREASURY N/B (T 0.5 02/28/26) FIXED 84,000$81KNo change
TSY INFL IX N/B (TII 2.375 01/15/27) FIX 50,000$81KNo change
US TREASURY N/B (T 4.875 11/30/25) FIX 76,000$76KAdd +18.8%
US TREASURY N/B (T 1.5 02/15/30) FIX 85,000$76KAdd +0.0%
US TREASURY N/B (T 2.75 05/15/25) FIX 74,000$74KNo change
US TREASURY N/B (T 1.125 02/28/27) FIX 75,000$71KNo change
US TREASURY N/B (T 0.625 11/30/27) FIX 74,000$68KNo change
US TREASURY N/B (T 0.875 06/30/26) NOT 59,000$57KNo change
US TREASURY N/B (T 0.375 09/30/27) FIX 55,000$50KNo change
US TREASURY N/B (T 4.625 06/30/25) FIX 50,000$50KNo change
US TREASURY N/B (T 3.875 01/15/26) COM 50,000$50KNo change
US TREASURY N/B (T 2.875 05/31/25) FIX 50,000$50KNo change
US TREASURY N/B (T 2.875 06/15/25) FIX 50,000$50KNo change
US TREASURY N/B (T 4.5 07/15/26) FIX 45,000$45KNo change
US TREASURY N/B (T 3.625 02/15/44) FIX 50,000$44KNo change
US TREASURY N/B (T 0.5 06/30/27) FIX 47,000$44KNo change
US TREASURY N/B (T 4.5 11/15/25) FIX 42,000$42KNo change
US TREASURY N/B (T 3.125 08/15/44) FIX 50,000$40KNo change
US TREASURY N/B (T 3 11/15/44) FIX 50,000$39KNo change
US TREASURY N/B (T 2.5 02/15/45) FIX 50,000$36KNew
US TREASURY N/B (T 4.5 03/31/26) COUPON BEARING - U.S. 35,000$35KNew
US TREASURY N/B (T 1.125 02/15/31) FIX 31,000$26KReduce -47.5%
US TREASURY N/B (T 4.25 05/31/25) FIX 25,000$25KNew
US TREASURY N/B (T 0.75 04/30/26) FIX 25,000$24KNo change
SCE TRUST II (EIX 5.1 PERP) PFD 1,247$22KNo change
US TREASURY N/B (T 0.5 10/31/27) FIX 18,000$17KNo change
US TREASURY N/B (T 4.625 09/15/26) TREASURY 16,000$16KNo change
US TREASURY N/B (T 5 08/31/25) FIX 13,000$13KNo change
US TREASURY N/B (T 3.5 09/15/25) FIX 11,000$11KNo change
PITNEY BOWES INC (PBI 6.7 03/07/43) Equities 410$8KNo change
MAIDEN HOLDINGS NA LTD (MHLD 7.75 12/01/43) PFD 413$7KNo change
US TREASURY N/B (T 1.875 02/28/27) TREASURY 7,000$7KNo change
FIFTH THIRD BANCORP (FITB 4.95 PERP K) Common Stock 300$7KNo change
US TREASURY N/B (T 2 08/15/25) FIX 3,000$3KNo change
US BANCORP (USB 3.75 PERP L) Common Stock 180$3KNo change
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 100$226No change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 6$167No change

Total filed on the 13F, all lines: $259.6M.

Portfolio Sells Q4 2024 → Q1 2025
QQQ Invesco QQQ Trust Series 1 Reduce -1.4% 2.94% −0.17
NVDA Nvidia Corp. Reduce -6.2% 0.53% −0.14
TREASURY BILL (B 0 03/06/25) Sold out 0.00% −0.08
ZFRETX FS Credit Real Estate Inc. Class T Sold out 0.00% −0.07
TREASURY BILL (B 0 02/20/25) Sold out 0.00% −0.06
TREASURY BILL (B 0 01/23/25) Sold out 0.00% −0.05
WELLS FARGO BANK NA (WFC 5.25 03/17/25) Sold out 0.00% −0.04
SCHB Schwab US Broad Market ETF Reduce -5.2% 0.65% −0.04
JPM JPMorgan Chase & Co. Reduce -48.6% 0.05% −0.04
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.04
IVV iShares Core S&P 500 ETF Reduce -11.1% 0.29% −0.04
DIS The Walt Disney Co. Reduce -9.8% 0.14% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.7% 1.10% −0.02
GOLDMAN SACHS GROUP INC (GS 5.1 02/14/25 MTN) Sold out 0.00% −0.02
TREASURY BILL (B 0 01/07/25) Sold out 0.00% −0.02
TREASURY BILL (B 0 02/06/25) Sold out 0.00% −0.02
TREASURY BILL (B 0 03/20/25) Sold out 0.00% −0.02
TREASURY BILL (B 0 03/13/25) Sold out 0.00% −0.02
META Meta Platforms Inc. Class A Reduce -11.6% 0.15% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.1% 0.23% −0.01
CHTH CNL Healthcare Properties Inc. Reduce -40.9% 0.02% −0.01
SCHX Schwab US Large-Cap ETF Reduce -1.3% 0.70% −0.01
IWM iShares Russell 2000 ETF Reduce -6.8% 0.09% −0.01
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.01
HD Home Depot Inc. Reduce -3.2% 0.22% −0.01
PST Proshares Ultrashort 7-10 YR Reduce -51.2% 0.01% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -0.3% 0.74% −0.01
VTWO Vanguard Russell 2000 ETF Reduce -2.8% 0.09% −0.01
HCP Hashicorp Inc. Class A Sold out 0.00% −0.01
QQQM Invesco Nasdaq 100 ETF Sold out 0.00% −0.01
AMGN Amgen Inc. Reduce -37.5% 0.02% −0.01
PSA Public Storage Sold out 0.00% −0.01
NHHS Northstar Healthcare Income Reduce -79.8% 0.00% −0.01
SPYV SS SPDR P S&P 500 Value ETF Reduce -18.1% 0.04% −0.01
RWO State Street SPDR Dow Jones Reduce -34.6% 0.01% −0.01
CHARLES SCHWAB BANK SSB (SCHW 5.05 03/28/25) Sold out 0.00% −0.01
SPHQ Invesco S&P 500 Quality ETF Sold out 0.00% −0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -3.3% 0.13% −0.01
TNA Dir Dai SML Ca Bul 3X Et-Usd Reduce -0.4% 0.01% −0.00
VOO Vanguard S&P 500 ETF Reduce -1.0% 0.34% −0.00
KMX Carmax Inc. Reduce -27.1% 0.01% −0.00
IEFA iShares Core MSCI Eafe ETF Reduce -33.9% 0.01% −0.00
EMR Emerson Electric Co. Reduce -10.7% 0.02% −0.00
IDEV iShares Core MSCI Dev MKTS Reduce -31.4% 0.01% −0.00
DAL Delta Air Lines Inc. Reduce -3.6% 0.01% −0.00
IEMG iShares Core MSCI Emerging Sold out 0.00% −0.00
NEU Newmarket Corp. Sold out 0.00% −0.00
BEN Franklin Templeton Inc. Sold out 0.00% −0.00
PYPL PayPal Holdings Inc. Reduce -1.5% 0.01% −0.00
RSP Invesco S&P 500 Equal Weight Reduce -5.3% 0.14% −0.00

Portfolio Buys Q4 2024 → Q1 2025
PULS Pgim Ultra Short Bond ETF Add +3.9% 14.85% +1.23
SCHO Schwab Short-Term US Treas Add +5.7% 5.43% +0.57
RDVY First Trust Rising Dividend Add +582.0% 0.33% +0.28
PM Philip Morris International Add +59.4% 0.50% +0.27
PTY PIMCO Corporate & Income Opp Add +120.2% 0.18% +0.10
VGT Vanguard Info Tech ETF Add +45.1% 0.40% +0.10
BRK.B Berkshire Hathaway Inc. Class B Add +9.3% 0.38% +0.10
MO Altria Group Inc. Add +17.5% 0.29% +0.09
ARES INDUSTRIAL REAL ESTATE INCOME TRUST INC CLASS I CONVERSION Add +77.3% 0.17% +0.08
XMMO Invesco S&P Midcap Momentum Add +7433.3% 0.08% +0.08
TREASURY BILL (B 0 07/31/25) New 0.08% +0.08
ABBV Abbvie Inc. Add +0.3% 0.37% +0.07
TREASURY BILL (B 0 08/14/25) New 0.06% +0.06
ABT Abbott Laboratories Add +7.0% 0.24% +0.06
T AT&T Inc. Add +1.1% 0.22% +0.05
V Visa Inc. Class A Add +0.6% 0.36% +0.05
GRPM Invesco S&P Midcap 400 Garp Add +5109.5% 0.05% +0.05
O Realty Income Corp. Add +346.2% 0.06% +0.05
D Dominion Energy Inc. Add +6.6% 0.33% +0.05
TREASURY BILL (B 0 06/03/25) New 0.04% +0.04
NSC Norfolk Southern Corp. Add +0.6% 0.67% +0.04
FSK FS KKR Capital Corp. New 0.04% +0.04
C Citigroup Inc. Add +74.0% 0.08% +0.03
TREASURY BILL (B 0 08/21/25) New 0.03% +0.03
VZ Verizon Communications Inc. Add +9.3% 0.14% +0.03
COF Capital One Financial Corp. Add +0.0% 0.65% +0.03
TREASURY BILL (B 0 05/27/25) New 0.03% +0.03
AAPL Apple Inc. Add +9.8% 1.66% +0.03
VTHR Vanguard Russell 3000 New 0.03% +0.03
BTI British American Tob-SP ADR Add +89.0% 0.05% +0.03
DSI iShares ESG MSCI KLD 400 ETF Add +9.2% 0.46% +0.03
TLT iShares 20+ Year Treasury BD Add +65.5% 0.06% +0.03
AHR American Healthcare REIT Inc. Add +177.9% 0.03% +0.02
GE General Electric Add +28.7% 0.06% +0.02
TREASURY BILL (B 0 04/10/25) New 0.02% +0.02
GILD Gilead Sciences Inc. Add +50.5% 0.05% +0.02
TREASURY BILL (B 0 06/20/25) New 0.02% +0.02
DNP DNP Select Income Fund Inc. Add +10.8% 0.09% +0.02
NUKZ Range Nuclear Renaissance Add +10.5% 0.30% +0.02
BLK BlackRock Inc. Add +384.6% 0.03% +0.02
TMUS T-Mobile US Inc. Add +32.0% 0.05% +0.02
IAU iShares Gold Trust Add +0.6% 0.10% +0.02
SDY SS SPDR S&P Dividend ETF Add +70.1% 0.04% +0.02
BDX Becton Dickinson and Co. Add +619.2% 0.02% +0.02
CVS CVS Health Corp. Add +4.8% 0.04% +0.02
PG The Procter & Gamble Co. Add +3.8% 0.17% +0.02
BRSP Brightspire Capital Inc. Add +61.2% 0.04% +0.02
XOM Exxon Mobil Corp. Add +3.4% 0.09% +0.01
ELV Elevance Health Inc. Add +12.6% 0.05% +0.01
FPF First TR Interm Dur & Inc. Add +98.3% 0.02% +0.01

Notes & Other Activity Q4 2024 → Q1 2025
US TREASURY N/B (T 0.375 07/31/27) FIX Add +1.1% 6,417,000 $5.9M
US TREASURY N/B (T 0.625 05/15/30) FIX Add +7.5% 6,303,000 $5.3M
US TREASURY N/B (T 0.625 07/31/26) FIX Add +11.0% 3,646,000 $3.5M
US TREASURY N/B (T 0.25 08/31/25) FIX Add +4.3% 2,034,000 $2.0M
US TREASURY N/B (T 0.375 01/31/26) Fixed Income Add +1.1% 1,565,000 $1.5M
US TREASURY N/B (T 1.125 10/31/26) FIX Reduce -0.8% 1,544,000 $1.5M
US TREASURY N/B (T 5 09/30/25) FIX Add +3.9% 1,345,000 $1.3M
US TREASURY N/B (T 0.5 04/30/27) FIX Add +32.7% 1,210,000 $1.1M
US TREASURY N/B (T 1.125 01/15/25) FIX Sold out 1,095,000 $1.1Mbefore exit
US TREASURY N/B (T 0.75 08/31/26) NOT Add +0.2% 1,102,000 $1.1M
US TREASURY N/B (T 0.75 03/31/26) FIXED Add +3.1% 1,024,000 $991K
US TREASURY N/B (T 0.25 06/30/25) FIX Add +4.6% 708,000 $701K
US TREASURY N/B (T 0.375 11/30/25) FIX Add +1.6% 388,000 $378K
US TREASURY N/B (T 1.5 02/15/25) FIX Sold out 314,000 $313Kbefore exit
US TREASURY N/B (T 0.75 01/31/28) COM Add +252.6% 275,000 $252K
AXIS CAPITAL HLDGS LTD (AXS 5.5 PERP E) Pref Add +41.1% 10,299 $210K
US TREASURY N/B (T 0.5 03/31/25) FIX Sold out 135,000 $134Kbefore exit
US TREASURY N/B (T 0.25 05/31/25) FIX Reduce -23.9% 102,000 $101K
BROOKFIELD INFRASTRUCTUR (BIP 5 PERP 14) STOK Add +29.0% 5,845 $95K
US TREASURY N/B (T 1.375 01/31/25) FIX Sold out 77,000 $77Kbefore exit
US TREASURY N/B (T 4.875 11/30/25) FIX Add +18.8% 76,000 $76K
US TREASURY N/B (T 1.5 02/15/30) FIX Add +0.0% 85,000 $76K
US TREASURY N/B (T 4.125 01/31/25) FIX Sold out 50,000 $50Kbefore exit
US TREASURY N/B (T 1.125 02/28/25) FIX Sold out 42,000 $42Kbefore exit
US TREASURY N/B (T 2.5 02/15/45) FIX New 50,000 $36K
US TREASURY N/B (T 4.5 03/31/26) COUPON BEARING - U.S. New 35,000 $35K
US TREASURY N/B (T 1.125 02/15/31) FIX Reduce -47.5% 31,000 $26K
US TREASURY N/B (T 4.25 05/31/25) FIX New 25,000 $25K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 796$401.8MQLD, SSO, PULS, PAAA, VEU
Q1 2026 800$313.5MQLD, SSO, PULS, PAAA, VEU
Q4 2025 90$289.9MQLD, SSO, PULS, MSFT, QQQ
Q3 2025 763$311.9MQLD, SSO, PULS, SCHO, MSFT
Q2 2025 745$276.0MQLD, SSO, PULS, SCHO, MSFT
Q1 2025 757$228.1MSSO, QLD, PULS, SCHO, MSFT
Q4 2024 735$238.5MQLD, SSO, PULS, SCHO, MSFT
Q3 2024 739$224.2MQLD, SSO, PULS, SCHO, MSFT
Q2 2024 828$213.9MQLD, SSO, PULS, MSFT, SCHO
Q1 2024 869$204.8MQLD, SSO, PULS, MSFT, SCHO