In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Morangie Management LLC reported 25 stock positions worth $102.1 million . Its top holding was Klaviyo Class A (KVYO) at 29.3% of the portfolio, followed by Draftkings Class A (DKNG, 14.2% ) and SS SPDR S&P 500 ETF Trust-US (SPY, 10.6% ). Compared with Q4 2024, it opened 2 new positions, sold out of 2, added to 10 and reduced 10. The biggest buy was Draftkings Class A (DKNG, shares +4% ) and the biggest sale Klaviyo Class A (KVYO, shares −0% ).
Location New York, NY
CIK 0002056670
Portfolio Value $102.1M (Q1 2025) Holdings 25 stocks · $102.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 KVYO Klaviyo Inc. Class A 989,316 $29.9M Reduce -0.1% DKNG Draftkings Inc. Class A 435,121 $14.5M Add +3.6% SPY SS SPDR S&P 500 ETF Trust-US 19,326 $10.8M Reduce -18.2% AMZN Amazon.com Inc. 49,882 $9.5M Reduce -3.3% QQQ Invesco QQQ Trust Series 1 12,979 $6.1M Reduce -0.9% AAPL Apple Inc. 21,873 $4.9M Reduce -5.5% JPM JPMorgan Chase & Co. 13,112 $3.2M Add +4.1% MS Morgan Stanley 25,721 $3.0M Add +5.2% GS Goldman Sachs Group Inc. 5,451 $3.0M Add +2.4% BAC Bank of America Corp. filed as BANK AMERICA CORP 69,424 $2.9M Add +6.0% MSFT Microsoft Corp. 6,630 $2.5M Reduce -8.2% SPG Simon Property Group Inc. 10,272 $1.7M Add +16.6% IWM iShares Russell 2000 ETF 7,602 $1.5M Reduce -9.1% XLE SS Energy Select Sector 14,198 $1.3M Add +8.2% CRM Salesforce Inc. 4,706 $1.3M Reduce -15.0% SNOW Snowflake Inc. 8,497 $1.2M Add +11.8% NVDA Nvidia Corp. 8,464 $917K Add +52.0% VTWV Vanguard Russell 2000 Value 5,929 $789K No change GOOGL Alphabet Inc. Class A 4,755 $735K Reduce -21.9% XLF SS Financial Select Sector 13,181 $657K Add +10.0% GOOG Alphabet Inc. Class C 3,215 $502K No change NUSC Nuveen ESG Small-Cap ETF 12,089 $463K New ACWX iShares MSCI Acwi Ex US ETF 7,681 $423K Reduce -51.2% VUG Vanguard Mrngstar GR ETF-Sui 550 $204K No change WOLF Wolfspeed Inc. 27,174 $83K New
Options reported separately and not counted above: KVYO calls ($1.0M), DKNG calls ($27K).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ KVYO Klaviyo Inc. Class A Reduce -0.1% 29.33% −3.93 SPY SS SPDR S&P 500 ETF Trust-US Reduce -18.2% 10.62% −0.69 FIW First Trust Water ETF Sold out 0.00% −0.60 CRM Salesforce Inc. Reduce -15.0% 1.24% −0.27 MLPX Global X MLP & Energy Infras Sold out 0.00% −0.26 ACWX iShares MSCI Acwi Ex US ETF Reduce -51.2% 0.41% −0.26 GOOGL Alphabet Inc. Class A Reduce -21.9% 0.72% −0.22 MSFT Microsoft Corp. Reduce -8.2% 2.44% −0.04 IWM iShares Russell 2000 ETF Reduce -9.1% 1.49% −0.02 AAPL Apple Inc. Reduce -5.5% 4.76% +0.04 AMZN Amazon.com Inc. Reduce -3.3% 9.30% +0.08 QQQ Invesco QQQ Trust Series 1 Reduce -0.9% 5.97% +0.52
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ DKNG Draftkings Inc. Class A Add +3.6% 14.16% +1.43 JPM JPMorgan Chase & Co. Add +4.1% 3.15% +0.69 BAC Bank of America Corp. Add +6.0% 2.84% +0.49 NUSC Nuveen ESG Small-Cap ETF New 0.45% +0.45 SPG Simon Property Group Inc. Add +16.6% 1.67% +0.44 MS Morgan Stanley Add +5.2% 2.94% +0.44 GS Goldman Sachs Group Inc. Add +2.4% 2.92% +0.44 XLE SS Energy Select Sector Add +8.2% 1.30% +0.38 NVDA Nvidia Corp. Add +52.0% 0.90% +0.29 SNOW Snowflake Inc. Add +11.8% 1.22% +0.26 XLF SS Financial Select Sector Add +10.0% 0.64% +0.17 WOLF Wolfspeed Inc. New 0.08% +0.08
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ KVYO Klaviyo Inc. Class A call Add +66.5% 33,800 $1.0M SNOW Snowflake Inc. call Sold out 5,000 $772Kbefore exit QQQ Invesco QQQ Trust Series 1 put Sold out 1,100 $562Kbefore exit DKNG Draftkings Inc. Class A call New 800 $27K
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 34 $120.4M SPY, AMZN, QQQ, GS, MS Q1 2026 33 $108.6M SPY, AMZN, KVYO, QQQ, GS Q4 2025 33 $125.4M SPY, KVYO, AMZN, DKNG, QQQ Q3 2025 30 $115.9M SPY, DKNG, KVYO, AMZN, QQQ Q2 2025 32 $115.3M DKNG, KVYO, SPY, AMZN, QQQ Q1 2025 25 $102.1M KVYO, DKNG, SPY, AMZN, QQQ Q4 2024 25 $122.8M KVYO, DKNG, SPY, AMZN, QQQ