In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 3, 2025), Morangie Management LLC reported 30 stock positions worth $115.9 million . Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 12.8% of the portfolio, followed by Draftkings Class A (DKNG, 12.1% ) and Klaviyo Class A (KVYO, 11.2% ). Compared with Q2 2025, it opened 1 new position, sold out of 3, added to 11 and reduced 9. The biggest buy was Apple (AAPL, shares +0% ) and the biggest sale Klaviyo Class A (KVYO, shares −3% ).
Location New York, NY
CIK 0002056670
Portfolio Value $115.9M (Q3 2025) Holdings 30 stocks · $115.9M 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 Q2 2025 SPY SS SPDR S&P 500 ETF Trust-US 22,196 $14.8M Reduce -0.6% DKNG Draftkings Inc. Class A 375,740 $14.1M Reduce -1.0% KVYO Klaviyo Inc. Class A 469,756 $13.0M Reduce -2.7% AMZN Amazon.com Inc. 52,467 $11.5M Reduce -0.0% QQQ Invesco QQQ Trust Series 1 12,899 $7.8M Reduce -0.5% AAPL Apple Inc. 24,328 $6.2M Add +0.2% GS Goldman Sachs Group Inc. 7,468 $5.9M Add +4.0% MS Morgan Stanley 35,377 $5.6M Add +4.3% JPM JPMorgan Chase & Co. 17,584 $5.5M Add +4.2% BAC Bank of America Corp. filed as BANK AMERICA CORP 97,650 $5.0M Add +4.7% MSFT Microsoft Corp. 7,763 $4.0M Add +0.3% SNOW Snowflake Inc. 11,683 $2.6M Reduce -6.5% NVDA Nvidia Corp. 13,096 $2.4M Add +0.5% SPG Simon Property Group Inc. 10,272 $1.9M No change GOOGL Alphabet Inc. Class A 7,802 $1.9M Add +0.7% IWM iShares Russell 2000 ETF 7,075 $1.7M Reduce -2.3% CRM Salesforce Inc. 6,621 $1.6M Add +0.7% NOW ServiceNow Inc. 1,448 $1.3M Reduce -4.4% IVV iShares Core S&P 500 ETF 1,958 $1.3M Add +4.0% WELL Welltower Inc. 6,833 $1.2M Add +36.2% XLE SS Energy Select Sector 13,392 $1.2M Reduce -2.8% JPEF JPMorgan Equity Focus ETF 15,020 $1.1M No change VTWV Vanguard Russell 2000 Value 5,929 $924K No change GOOG Alphabet Inc. Class C 3,215 $783K No change XLF SS Financial Select Sector 13,181 $710K No change ACWX iShares MSCI Acwi Ex US ETF 7,681 $499K No change VEA Vanguard Ftse Developed ETF 6,217 $373K No change VGT Vanguard Info Tech ETF 400 $299K No change VUG Vanguard Mrngstar GR ETF-Sui 550 $264K No change VIG Vanguard Dividend Apprec ETF 970 $209K New
Options reported separately and not counted above: DKNG calls ($30K), KVYO calls ($14K).
Portfolio Sells Q2 2025 → Q3 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▲ KVYO Klaviyo Inc. Class A Reduce -2.7% 11.22% −2.85 DKNG Draftkings Inc. Class A Reduce -1.0% 12.12% −2.00 MLPX Global X MLP & Energy Infras Sold out 0.00% −1.23 NUSC Nuveen ESG Small-Cap ETF Sold out 0.00% −0.43 NOW ServiceNow Inc. Reduce -4.4% 1.15% −0.20 SNOW Snowflake Inc. Reduce -6.5% 2.27% −0.15 AMZN Amazon.com Inc. Reduce -0.0% 9.94% −0.05 WOLF Wolfspeed Inc. Sold out 0.00% −0.01 XLE SS Energy Select Sector Reduce -2.8% 1.03% +0.02 IWM iShares Russell 2000 ETF Reduce -2.3% 1.48% +0.12 QQQ Invesco QQQ Trust Series 1 Reduce -0.5% 6.69% +0.47 SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.6% 12.79% +0.79
Portfolio Buys Q2 2025 → Q3 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q2 2025 % Of Portfolio Change To Portfolio ▼ AAPL Apple Inc. Add +0.2% 5.34% +1.02 GS Goldman Sachs Group Inc. Add +4.0% 5.13% +0.72 MS Morgan Stanley Add +4.3% 4.85% +0.71 JPM JPMorgan Chase & Co. Add +4.2% 4.78% +0.54 BAC Bank of America Corp. Add +4.7% 4.34% +0.52 GOOGL Alphabet Inc. Class A Add +0.7% 1.64% +0.45 WELL Welltower Inc. Add +36.2% 1.05% +0.38 NVDA Nvidia Corp. Add +0.5% 2.11% +0.32 VIG Vanguard Dividend Apprec ETF New 0.18% +0.18 MSFT Microsoft Corp. Add +0.3% 3.47% +0.13 IVV iShares Core S&P 500 ETF Add +4.0% 1.13% +0.12 CRM Salesforce Inc. Add +0.7% 1.36% −0.20
Options Activity Q2 2025 → Q3 2025 Security Type Change vs Q2 2025 Underlying Shares Value ▼ KVYO Klaviyo Inc. Class A call Reduce -66.7% 500 $14K
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