Milestone Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Milestone Asset Management, LLC reported 201 stock positions worth $473.3 million. Its top holding was Pgim Ultra Short Bond ETF (PULS) at 9.0% of the portfolio, followed by Invesco Bulletshares 2025 HY (BSJP, 7.7%) and FT Vest Lad Buffervetf-Usd I (BUFR, 7.1%). Compared with Q1 2025, it opened 43 new positions, sold out of 50, added to 65 and reduced 83. The biggest buy was Pgim Ultra Short Bond ETF (PULS, shares +263%) and the biggest sale iShares Int Hedg Corp. BD ETF (LQDH, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001964722
- Portfolio Value
- $473.3M (Q2 2025)
- SEC Filing
- 0001085146-25-004536 ↗ filed Aug 5, 2025
Holdings Value
Holdings 201 stocks · $473.3M
| PULS Pgim Ultra Short Bond ETF | 9.03% | 858,521 | $42.7M | Add +263.5% |
| BSJP Invesco Bulletshares 2025 HY | 7.73% | 1,586,241 | $36.6M | Add +22.7% |
| BUFR FT Vest Lad Buffervetf-Usd I | 7.14% | 1,062,106 | $33.8M | Add +4.8% |
| FLRN SS SPDR BB Ig Float RT ETF | 6.89% | 1,057,565 | $32.6M | Add +25.9% |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 2.35% | 418,721 | $11.1M | Add +34.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.18% | 112,383 | $10.3M | Add +841.9% |
| XBIL F/M US Treasury 6 Month Bill | 2.12% | 200,214 | $10.0M | Add +1161.8% |
| TFLO iShares Treasury Floating Ra | 1.99% | 186,290 | $9.4M | Add +2818.5% |
| MSFT Microsoft Corp. | 1.78% | 16,946 | $8.4M | Add +77.3% |
| AAPL Apple Inc. | 1.75% | 40,328 | $8.3M | Add +17.6% |
| VOO Vanguard S&P 500 ETF | 1.72% | 14,307 | $8.1M | New |
| NVDA Nvidia Corp. | 1.69% | 50,577 | $8.0M | Reduce -6.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.68% | 14,418 | $8.0M | Add +145.2% |
| GLD SPDR Gold Shares | 1.45% | 22,567 | $6.9M | Reduce -10.4% |
| BSCP Invesco Bulletshares 2025 CB | 1.31% | 300,089 | $6.2M | Add +2.0% |
| GMAY FT Vest U.S. Equity Moderate | 1.21% | 146,087 | $5.7M | Add +1.8% |
| JEPI JPMorgan Equity Premium Inco | 1.20% | 100,190 | $5.7M | Add +11.4% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 1.16% | 101,173 | $5.5M | Add +12.3% |
| GAUG FT Vest US Equity Moderate B | 1.11% | 141,703 | $5.2M | Add +2.0% |
| MSTB Lha Market State Tactical | 1.08% | 137,114 | $5.1M | Reduce -3.5% |
| GFEB FT Vest US Equity Moderate B | 1.05% | 127,237 | $5.0M | Add +2.0% |
| GNOV FT Vest US Equity Moderate B | 1.04% | 134,951 | $4.9M | Add +2.7% |
| GE General Electric filed as GE AEROSPACE | 1.01% | 18,633 | $4.8M | Add +534.0% |
| CTAS Cintas Corp. | 0.97% | 20,616 | $4.6M | Add +807.4% |
| META Meta Platforms Inc. Class A | 0.93% | 5,977 | $4.4M | Add +70.0% |
| INTU Intuit Inc. | 0.87% | 5,255 | $4.1M | New |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.86% | 83,008 | $4.1M | Add +4.6% |
| VST Vistra Corp. | 0.86% | 20,946 | $4.1M | New |
| BOND PIMCO Active Bond Exchange-T | 0.84% | 42,962 | $4.0M | Add +1.3% |
| AXON Axon Enterprise Inc. | 0.84% | 4,774 | $4.0M | New |
| PWR Quanta Services Inc. | 0.80% | 10,074 | $3.8M | New |
| ADP Automatic Data Processing | 0.75% | 11,460 | $3.5M | Add +39.8% |
| BALT Inn Defined Wealth Shield | 0.75% | 110,095 | $3.5M | Reduce -1.3% |
| MINT PIMCO Enhanced Short Maturit | 0.71% | 33,276 | $3.3M | Add +2.6% |
| PLTR Palantir Technologies Inc. Class A | 0.70% | 24,268 | $3.3M | Reduce -21.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.66% | 28,255 | $3.1M | Add +2.5% |
| UDEC Innovator U.S. Equity Ultra | 0.66% | 85,322 | $3.1M | Reduce -3.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.64% | 5,911 | $3.0M | Add +9.9% |
| TSLA Tesla Inc. | 0.62% | 9,178 | $2.9M | Reduce -7.7% |
| AMD Advanced Micro Devices | 0.57% | 18,849 | $2.7M | Add +20.4% |
| V Visa Inc. Class A | 0.53% | 7,005 | $2.5M | Add +41.2% |
| PDEC Innovator U.S. Equity Power | 0.50% | 58,632 | $2.3M | Reduce -4.0% |
| BUFF Innovator Laddered Allocatio | 0.48% | 48,599 | $2.3M | Reduce -1.5% |
| SFLR Innovator Eqty MGD Floor ETF | 0.48% | 67,307 | $2.3M | Reduce -1.6% |
| GILD Gilead Sciences Inc. | 0.46% | 19,599 | $2.2M | Reduce -67.5% |
| SCHG Schwab US Large-Cap Growth | 0.44% | 71,923 | $2.1M | Reduce -48.2% |
| PYLD PIMCO Multisector Bond Actv | 0.43% | 75,897 | $2.0M | Add +22.0% |
| JPM JPMorgan Chase & Co. | 0.41% | 6,662 | $1.9M | Reduce -64.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 6,463 | $1.9M | Add +40.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.40% | 15,153 | $1.9M | Reduce -51.1% |
| VMBS Vanguard Mortgage-Backed Sec | 0.34% | 34,889 | $1.6M | New |
| SCHZ Schwab US Aggregate Bond ETF | 0.34% | 69,406 | $1.6M | New |
| SPAB SS SPDR P Agg Bond ETF | 0.34% | 62,925 | $1.6M | New |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.34% | 16,365 | $1.6M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.33% | 8,507 | $1.6M | Add +2.8% |
| TBT Proshares Ultrashort 20+Y TR | 0.33% | 44,802 | $1.6M | New |
| AOM iShares Core 40/60 Moderate | 0.33% | 34,039 | $1.6M | Reduce -0.6% |
| ANET Arista Networks Inc. | 0.33% | 15,037 | $1.5M | Reduce -16.3% |
| LMT Lockheed Martin Corp. | 0.32% | 3,280 | $1.5M | Reduce -14.7% |
| COST Costco Wholesale Corp. | 0.32% | 1,522 | $1.5M | Reduce -14.3% |
| EPD Enterprise Products Partners | 0.32% | 48,328 | $1.5M | Add +40.5% |
| WMT Walmart Inc. | 0.31% | 15,196 | $1.5M | Reduce -72.2% |
| MAR Marriott International Class A | 0.31% | 5,403 | $1.5M | Add +263.6% |
| MBB iShares MBS ETF | 0.31% | 15,580 | $1.5M | New |
| AGG iShares Core U.S. Aggregate | 0.29% | 14,020 | $1.4M | Add +198.3% |
| LRCX Lam Research Corp. | 0.28% | 13,443 | $1.3M | Add +1.6% |
| PFE Pfizer Inc. | 0.27% | 53,445 | $1.3M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 2,617 | $1.3M | Reduce -5.2% |
| CVX Chevron Corp. | 0.27% | 8,800 | $1.3M | Reduce -35.2% |
| IEF iShares 7-10 Year Treasury B | 0.26% | 12,814 | $1.2M | New |
| SPYI Neos S&P 500 High Income ETF | 0.26% | 24,157 | $1.2M | Add +56.2% |
| HELO JPMorgan Hedged Equity ETF | 0.25% | 19,200 | $1.2M | Reduce -58.5% |
| TLT iShares 20+ Year Treasury BD | 0.24% | 13,122 | $1.2M | New |
| KMI Kinder Morgan Inc. | 0.24% | 39,173 | $1.2M | Reduce -20.9% |
| SMH Vaneck Semiconductor ETF | 0.24% | 4,090 | $1.1M | Add +5.9% |
| TLH iShares 10-20 Year Treasury | 0.24% | 11,175 | $1.1M | New |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 2,548 | $1.1M | New |
| NKE Nike Inc. Class B | 0.23% | 15,628 | $1.1M | Reduce -38.9% |
| RCS PIMCO Strategic Income Fund | 0.23% | 158,923 | $1.1M | Reduce -4.0% |
| ITOT iShares Core S&P Total U.S. | 0.23% | 8,051 | $1.1M | Reduce -2.8% |
| WM Waste Management Inc. | 0.23% | 4,721 | $1.1M | Reduce -2.7% |
| VEA Vanguard Ftse Developed ETF | 0.22% | 18,567 | $1.1M | New |
| AOR iShares Core 60/40 Balanced | 0.22% | 16,688 | $1.0M | Add +3.8% |
| UAUG Innovator U.S. Equity Ultra | 0.22% | 27,368 | $1.0M | Reduce -2.7% |
| HACK Amplify Cybersecurity ETF | 0.22% | 11,796 | $1.0M | New |
| GJAN FT Vest US Equity Moderate B | 0.21% | 25,276 | $1.0M | Reduce -3.3% |
| QUAL iShares MSCI USA Quality Fac | 0.21% | 5,485 | $1.0M | New |
| MAIN Main Street Capital Corp. | 0.21% | 16,867 | $997K | Add +45.6% |
| RDVI FT Vest Rising Dividend Achi | 0.21% | 40,171 | $993K | Add +47.5% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.21% | 2,441 | $987K | Reduce -8.3% |
| IONQ Ionq Inc. | 0.21% | 22,926 | $985K | Reduce -45.8% |
| FLOT iShares Floating Rate Bond E | 0.21% | 19,303 | $985K | New |
| VPC Virtus Private Credit Strate | 0.21% | 47,581 | $975K | Add +58.1% |
| MO Altria Group Inc. | 0.21% | 16,564 | $971K | New |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.20% | 9,938 | $944K | Reduce -76.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 1,515 | $936K | Reduce -92.4% |
| CSCO Cisco Systems Inc. | 0.20% | 13,323 | $924K | New |
| XLK SS Technology Select Sector | 0.20% | 3,645 | $923K | Add +91.5% |
| CLOI Vaneck Clo ETF | 0.19% | 16,872 | $893K | Reduce -7.2% |
| AXP American Express Co. | 0.19% | 2,785 | $889K | Reduce -82.4% |
Portfolio Sells Q1 2025 → Q2 2025
| LQDH iShares Int Hedg Corp. BD ETF | Reduce -98.2% | 0.14% | −7.98 |
| FLTR Vaneck Ig Floating Rate ETF | Reduce -97.9% | 0.14% | −6.64 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -92.4% | 0.20% | −2.19 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −1.48 |
| PM Philip Morris International | Sold out | 0.00% | −1.06 |
| GILD Gilead Sciences Inc. | Reduce -67.5% | 0.46% | −0.98 |
| AXP American Express Co. | Reduce -82.4% | 0.19% | −0.72 |
| WMT Walmart Inc. | Reduce -72.2% | 0.31% | −0.71 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.70 |
| MMM 3M Co. | Sold out | 0.00% | −0.68 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Reduce -76.7% | 0.20% | −0.65 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.63 |
| JPM JPMorgan Chase & Co. | Reduce -64.5% | 0.41% | −0.57 |
| SSO Proshares Ultra S&P500 | Reduce -92.1% | 0.06% | −0.57 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.54 |
| IAU iShares Gold Trust | Reduce -84.1% | 0.09% | −0.43 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.40 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.37 |
| ANGL Vaneck Fallen Angel High YLD | Sold out | 0.00% | −0.37 |
| FALN iShares Fallen Angels ETF | Sold out | 0.00% | −0.37 |
| GOF Guggenheim Strategic Opport | Reduce -88.3% | 0.04% | −0.35 |
| HELO JPMorgan Hedged Equity ETF | Reduce -58.5% | 0.25% | −0.33 |
| SCHG Schwab US Large-Cap Growth | Reduce -48.2% | 0.44% | −0.30 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.30 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.29 |
| XLF SS Financial Select Sector | Reduce -70.3% | 0.13% | −0.29 |
| HYLS FT Tactical High Yield ETF | Sold out | 0.00% | −0.28 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −0.28 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.27 |
| DIS The Walt Disney Co. | Reduce -51.1% | 0.40% | −0.26 |
| UUP Invesco DB US Dollar Index B | Sold out | 0.00% | −0.24 |
| CVX Chevron Corp. | Reduce -35.2% | 0.27% | −0.22 |
| CLX Clorox Company | Sold out | 0.00% | −0.22 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.21 |
| SGOL Abrdn Physical Gold Shares | Reduce -74.3% | 0.07% | −0.20 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -50.0% | 0.15% | −0.19 |
| AFG American Financial Group Inc. | Sold out | 0.00% | −0.17 |
| ICVT iShares Convertible Bond ETF | Sold out | 0.00% | −0.16 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.14 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.14 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.12 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.12 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.11 |
| NKE Nike Inc. Class B | Reduce -38.9% | 0.23% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -65.1% | 0.07% | −0.10 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.10 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.10 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.10 |
| AVGO Broadcom Inc. | Reduce -76.3% | 0.06% | −0.10 |
| GLW Corning Inc. | Sold out | 0.00% | −0.10 |
Portfolio Buys Q1 2025 → Q2 2025
| PULS Pgim Ultra Short Bond ETF | Add +263.5% | 9.03% | +6.52 |
| XBIL F/M US Treasury 6 Month Bill | Add +1161.8% | 2.12% | +1.95 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +841.9% | 2.18% | +1.94 |
| TFLO iShares Treasury Floating Ra | Add +2818.5% | 1.99% | +1.92 |
| VOO Vanguard S&P 500 ETF | New | 1.72% | +1.72 |
| BSJP Invesco Bulletshares 2025 HY | Add +22.7% | 7.73% | +1.38 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +25.9% | 6.89% | +1.37 |
| QQQ Invesco QQQ Trust Series 1 | Add +145.2% | 1.68% | +1.09 |
| MSFT Microsoft Corp. | Add +77.3% | 1.78% | +1.02 |
| GE General Electric | Add +534.0% | 1.01% | +0.89 |
| INTU Intuit Inc. | New | 0.87% | +0.87 |
| CTAS Cintas Corp. | Add +807.4% | 0.97% | +0.87 |
| VST Vistra Corp. | New | 0.86% | +0.86 |
| AXON Axon Enterprise Inc. | New | 0.84% | +0.84 |
| PWR Quanta Services Inc. | New | 0.80% | +0.80 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +4.8% | 7.14% | +0.72 |
| BUFD FT VST Lad Deep Buf ETF-Usdi | Add +34.4% | 2.35% | +0.69 |
| META Meta Platforms Inc. Class A | Add +70.0% | 0.93% | +0.50 |
| VMBS Vanguard Mortgage-Backed Sec | New | 0.34% | +0.34 |
| SCHZ Schwab US Aggregate Bond ETF | New | 0.34% | +0.34 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.34% | +0.34 |
| TBT Proshares Ultrashort 20+Y TR | New | 0.33% | +0.33 |
| MBB iShares MBS ETF | New | 0.31% | +0.31 |
| IEF iShares 7-10 Year Treasury B | New | 0.26% | +0.26 |
| TLT iShares 20+ Year Treasury BD | New | 0.24% | +0.24 |
| TLH iShares 10-20 Year Treasury | New | 0.24% | +0.24 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.24% | +0.24 |
| MAR Marriott International Class A | Add +263.6% | 0.31% | +0.24 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +9.9% | 0.64% | +0.23 |
| VEA Vanguard Ftse Developed ETF | New | 0.22% | +0.22 |
| AMD Advanced Micro Devices | Add +20.4% | 0.57% | +0.22 |
| HACK Amplify Cybersecurity ETF | New | 0.22% | +0.22 |
| ADP Automatic Data Processing | Add +39.8% | 0.75% | +0.21 |
| QUAL iShares MSCI USA Quality Fac | New | 0.21% | +0.21 |
| FLOT iShares Floating Rate Bond E | New | 0.21% | +0.21 |
| MO Altria Group Inc. | New | 0.21% | +0.21 |
| CSCO Cisco Systems Inc. | New | 0.20% | +0.20 |
| AGG iShares Core U.S. Aggregate | Add +198.3% | 0.29% | +0.19 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.18% | +0.18 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.17% | +0.17 |
| EXPE Expedia Group Inc. | New | 0.17% | +0.17 |
| KR Kroger Co. | New | 0.17% | +0.17 |
| TMUS T-Mobile US Inc. | New | 0.17% | +0.17 |
| JEPQ JPM Nasdaq Equity Premium | Add +12.3% | 1.16% | +0.17 |
| JD Jd.com Inc.-ADR | New | 0.16% | +0.16 |
| IBM Intl Business Machines Corp. | Add +40.6% | 0.40% | +0.16 |
| V Visa Inc. Class A | Add +41.2% | 0.53% | +0.15 |
| FANG Diamondback Energy Inc. | New | 0.13% | +0.13 |
| AAPL Apple Inc. | Add +17.6% | 1.75% | +0.12 |
| SHOP Shopify Inc. Class A | New | 0.12% | +0.12 |
Options Activity Q1 2025 → Q2 2025
| AVGO Broadcom Inc. | put | Sold out | 3,500 | $586Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 800 | $448Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 259 | $635.5M | BUFR, SGOV, FLRN, AAPL, IVV |
| Q1 2026 | 235 | $542.5M | SGOV, BUFR, PULS, AAPL, FLRN |
| Q4 2025 | 212 | $530.1M | BUFR, FLRN, PULS, AAPL, FLOT |
| Q3 2025 | 224 | $528.1M | FLRN, BUFR, PULS, TFLO, MSTB |
| Q2 2025 | 201 | $473.3M | PULS, BSJP, BUFR, FLRN, BUFD |
| Q1 2025 | 208 | $468.8M | LQDH, FLTR, BUFR, BSJP, FLRN |
| Q4 2024 | 219 | $452.8M | BUFR, BIL, XBIL, AAPL, SPY |
| Q3 2024 | 197 | $444.6M | BUFR, BIL, XBIL, BSCO, SPY |
| Q2 2024 | 190 | $399.5M | BUFR, BIL, XBIL, BSCO, SPY |
| Q1 2024 | 168 | $349.9M | BUFR, BSCO, GJAN, BALT, SPY |