Morse Asset Management, Inc

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Morse Asset Management, Inc reported 359 stock positions worth $451.8 million. Its top holding was Nvidia (NVDA) at 6.9% of the portfolio, followed by Meta Platforms Class A (META, 5.0%) and Microsoft (MSFT, 4.7%). Compared with Q1 2025, it opened 46 new positions, sold out of 23, added to 98 and reduced 102. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +41000%) and the biggest sale Apple (AAPL, shares −43%).

Most Recent 13F
Q2 2026
Location
DARIEN, CT
CIK
0001705711
Portfolio Value
$451.8M (Q2 2025)
SEC Filing
0001705711-25-000006 ↗ filed Aug 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $389.0M Q1 2024 Q2 2024: $406.9M Q2 2024 Q3 2024: $458.6M Q3 2024 Q4 2024: $431.7M Q4 2024 Q1 2025: $391.6M Q1 2025 Q2 2025: $451.8M $451.8M Q2 2025 Q3 2025: $497.1M Q3 2025 Q4 2025: $495.9M Q4 2025 Q1 2026: $478.2M Q1 2026 Q2 2026: $600.9M Q2 2026

Holdings 359 stocks · $451.8M

NVDA Nvidia Corp. 6.91% 197,695 $31.2M Reduce -1.1%
META Meta Platforms Inc. Class A 4.96% 30,345 $22.4M Reduce -1.2%
MSFT Microsoft Corp. 4.73% 42,971 $21.4M Reduce -6.3%
AMZN Amazon.com Inc. 4.37% 89,913 $19.7M Add +1.0%
AVGO Broadcom Inc. 3.98% 65,188 $18.0M Reduce -2.3%
EVR Evercore Inc. Class A 2.34% 39,186 $10.6M Reduce -6.5%
URI United Rentals Inc. 2.23% 13,367 $10.1M Reduce -1.4%
GOOGL Alphabet Inc. Class A 2.20% 56,419 $9.9M Reduce -26.9%
BKNG Booking Holdings Inc. 2.08% 1,624 $9.4M Reduce -0.2%
NFLX Netflix Inc. 2.06% 6,939 $9.3M Reduce -2.1%
KLAC KLA Corp. 1.89% 9,553 $8.6M Reduce -6.0%
LLY Eli Lilly & Co. 1.89% 10,951 $8.5M Reduce -0.6%
ISRG Intuitive Surgical Inc. 1.74% 14,453 $7.9M Reduce -2.3%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 1.73% 143,292 $7.8M Add +44.4%
HD Home Depot Inc. 1.46% 17,947 $6.6M Reduce -36.3%
COST Costco Wholesale Corp. 1.40% 6,374 $6.3M Reduce -4.5%
LIN Linde PLC 1.40% 13,438 $6.3M Reduce -3.9%
PANW Palo Alto Networks Inc. 1.39% 30,628 $6.3M Reduce -1.5%
GE General Electric filed as GE AEROSPACE 1.37% 24,069 $6.2M Add +0.1%
AZO AutoZone Inc. 1.37% 1,664 $6.2M Reduce -18.6%
TSM Taiwan Semiconductor-SP ADR 1.36% 27,178 $6.2M Reduce -1.5%
MU Micron Technology Inc. 1.33% 48,835 $6.0M Reduce -6.5%
GS Goldman Sachs Group Inc. 1.20% 7,689 $5.4M Add +2.8%
ICE Intercontinental Exchange Inc. 1.19% 29,386 $5.4M Add +4.8%
APO Apollo Global Management Inc. 1.17% 37,397 $5.3M Reduce -1.1%
UNH Unitedhealth Group Inc. 1.17% 16,986 $5.3M Reduce -0.1%
VST Vistra Corp. 1.06% 24,708 $4.8M Reduce -8.7%
CTAS Cintas Corp. 1.06% 21,477 $4.8M Reduce -1.0%
MA Mastercard Inc. Class A 1.04% 8,375 $4.7M Reduce -16.0%
AAPL Apple Inc. 1.04% 22,852 $4.7M Reduce -43.1%
VRTX Vertex Pharmaceuticals Inc. 1.01% 10,287 $4.6M Reduce -1.7%
QQQ Invesco QQQ Trust Series 1 1.00% 8,220 $4.5M Add +41000.0%
TSLA Tesla Inc. 0.99% 14,018 $4.5M Add +6.1%
BA The Boeing Co. 0.92% 19,923 $4.2M Add +16.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.90% 6,585 $4.1M Add +731.4%
NOW ServiceNow Inc. 0.79% 3,488 $3.6M Add +0.6%
PLTR Palantir Technologies Inc. Class A 0.78% 25,981 $3.5M Add +2.8%
PDI PIMCO Dynamic Income Fund 0.78% 186,143 $3.5M Add +31.9%
VRT Vertiv Holdings Co. Class A 0.76% 26,899 $3.5M Reduce -4.9%
XOM Exxon Mobil Corp. 0.72% 30,082 $3.2M Reduce -43.1%
ALAB Astera Labs Inc. 0.67% 33,628 $3.0M Add +29.6%
HWM Howmet Aerospace Inc. 0.67% 16,302 $3.0M Add +29.5%
RACE Ferrari NV 0.66% 6,105 $3.0M Reduce -2.5%
JNJ Johnson & Johnson 0.63% 18,774 $2.9M Reduce -1.7%
ARES Ares Management Corp. Class A 0.63% 16,461 $2.9M Reduce -1.8%
GLD SPDR Gold Shares 0.59% 8,760 $2.7M Add +102.1%
WGS Genedx Holdings Corp. 0.56% 27,385 $2.5M Add +34.2%
SNOW Snowflake Inc. 0.56% 11,245 $2.5M Add +28.7%
NXPI NXP Semiconductors NV 0.54% 11,145 $2.4M Add +12.9%
SHW The Sherwin-Williams Co. 0.52% 6,901 $2.4M Add +0.0%
ARM Arm Holdings PLC-ADR 0.52% 14,566 $2.4M Reduce -7.6%
ADP Automatic Data Processing 0.52% 7,616 $2.3M Reduce -2.6%
LRCX Lam Research Corp. 0.51% 23,870 $2.3M Add +1.3%
FTI Technipfmc PLC 0.51% 66,663 $2.3M Reduce -2.8%
AMD Advanced Micro Devices 0.50% 15,855 $2.2M Add +310.2%
CRWD CrowdStrike Holdings Inc. Class A 0.49% 4,371 $2.2M Add +34.7%
XCHYX Calamos Convert & High Inc. 0.47% 193,970 $2.1M Add +6.9%
FSLR First Solar Inc. 0.44% 12,070 $2.0M Add +529.6%
BEN Franklin Templeton Inc. 0.43% 82,070 $2.0M New
GEV GE Vernova Inc. 0.43% 3,690 $2.0M Add +68.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.43% 15,740 $2.0M Add +0.1%
SE Sea Ltd.-ADR 0.43% 12,168 $1.9M Add +21.1%
MRK Merck & Co. Inc. 0.38% 21,787 $1.7M Add +8.6%
MMM 3M Co. 0.35% 10,301 $1.6M Add +1.8%
CVX Chevron Corp. 0.34% 10,765 $1.5M Reduce -39.5%
BX Blackstone Inc. 0.33% 10,051 $1.5M Reduce -38.9%
FANG Diamondback Energy Inc. 0.33% 10,867 $1.5M Reduce -48.9%
LNG Cheniere Energy Inc. 0.32% 5,991 $1.5M New
AXP American Express Co. 0.32% 4,563 $1.5M Add +11.2%
TLT iShares 20+ Year Treasury BD 0.30% 15,476 $1.4M Add +12.3%
BOXX Alpha Architect 1-3 MNTH Box 0.30% 12,000 $1.4M New
UBER Uber Technologies Inc. 0.30% 14,470 $1.4M Add +58.8%
IBIT iShares Bitcoin Trust ETF 0.30% 22,000 $1.3M Add +2100.0%
MS Morgan Stanley 0.29% 9,455 $1.3M Add +109.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.29% 10,756 $1.3M Add +8.6%
EBS Emergent Biosolutions Inc. 0.29% 208,044 $1.3M Add +11.0%
ABBV Abbvie Inc. 0.29% 6,998 $1.3M Reduce -2.1%
SLG SL Green Realty Corp. 0.28% 20,475 $1.3M Reduce -4.1%
ISPY Proshares S&P High Incom ETF 0.28% 29,725 $1.3M Add +4.7%
SAP Sap SE-Sponsored ADR 0.28% 4,112 $1.3M Add +68.5%
VIK Viking Holdings Ltd. 0.27% 23,249 $1.2M New
ANET Arista Networks Inc. 0.27% 12,000 $1.2M Add +36.4%
SOXL Direx Dail Semi Bu 3X Et-Usd 0.27% 47,970 $1.2M Add +26.1%
BRK.B Berkshire Hathaway Inc. Class B 0.25% 2,325 $1.1M Reduce -75.9%
BLK BlackRock Inc. 0.25% 1,071 $1.1M Add +32.1%
EAGL Eagle Capital Select Eqty 0.24% 36,500 $1.1M New
NVMI Nova Ltd. 0.24% 3,890 $1.1M Add +1.4%
SCCO Southern Copper Corp. 0.22% 9,988 $1.0M Add +0.7%
NDAQ Nasdaq Inc. 0.22% 11,080 $991K Reduce -0.5%
KO The Coca-Cola Co. 0.22% 13,990 $990K Add +2.9%
EQT Eqt Corp. 0.21% 16,619 $969K Add +273.0%
PAA Plains All Amer Pipeline LP 0.21% 52,500 $962K Add +12.9%
TMO Thermo Fisher Scientific Inc. 0.21% 2,358 $956K Reduce -11.3%
HLT Hilton Worldwide Holdings Inc. 0.21% 3,521 $938K Add +4.1%
KMI Kinder Morgan Inc. 0.20% 31,075 $914K Add +850.9%
CSX CSX Corp. 0.19% 25,650 $837K Reduce -3.9%
TLN Talen Energy Corp. 0.18% 2,865 $833K New
ADMA Adma Biologics Inc. 0.18% 44,009 $801K Add +405.9%
COIN Coinbase Global Inc. Class A 0.18% 2,266 $794K New
DHI D.R. Horton Inc. 0.17% 5,985 $772K Reduce -29.9%
JPM JPMorgan Chase & Co. 0.17% 2,657 $770K Add +3.4%
PG The Procter & Gamble Co. 0.17% 4,703 $749K Reduce -6.6%
ON On Semiconductor 0.16% 13,901 $729K New
EQH Equitable Holdings Inc. 0.16% 12,690 $712K Add +4.0%
ORCL Oracle Corp. 0.16% 3,255 $712K Reduce -12.0%
USD Proshares Ultra Semiconduct 0.16% 9,577 $709K Add +3.4%
SNPS Synopsys Inc. 0.15% 1,360 $697K No change
TT Trane Technologies PLC 0.15% 1,500 $656K No change
HON Honeywell International Inc. 0.14% 2,800 $652K No change
NET Cloudflare Inc. Class A 0.14% 3,300 $646K New
TFC Truist Financial Corp. 0.13% 14,150 $608K Reduce -32.5%
IWM iShares Russell 2000 ETF 0.13% 2,764 $596K Reduce -4.3%
APP AppLovin Corp. Class A 0.13% 1,700 $595K Add +325.0%
NKE Nike Inc. Class B 0.13% 8,060 $573K Reduce -3.5%
CAT Caterpillar Inc. 0.13% 1,464 $568K Reduce -0.7%
PIPR Piper Sandler Cos 0.13% 2,040 $567K Add +7.4%
NEE Nextera Energy Inc. 0.13% 8,150 $566K No change
SYK Stryker Corp. 0.13% 1,430 $566K Add +0.7%
BGX Blackstone Long-Short Credit 0.12% 44,889 $557K Reduce -1.1%
CL Colgate-Palmolive Co. 0.12% 6,000 $545K No change
FCX Freeport-McMoran Inc. 0.12% 12,252 $531K Add +42.3%
AMAT Applied Materials Inc. 0.11% 2,641 $483K Reduce -14.6%
EFT Eaton Vance Fltng RT Inc. TR 0.11% 38,277 $478K Add +1.1%
PNI PIMCO NY Muni Inc. II FND 0.10% 65,160 $438K Add +48.9%
JEPI JPMorgan Equity Premium Inco 0.10% 7,547 $429K Reduce -31.6%
REGN Regeneron Pharmaceuticals 0.09% 795 $417K Reduce -80.7%
SPOT Spotify Technology SA 0.09% 534 $410K New
LYB Lyondellbasell Indu Class A 0.08% 6,600 $382K New
APAM Artisan Partners Asset Ma -A 0.08% 8,435 $374K No change
CMI Cummins Inc. 0.08% 1,078 $353K Reduce -83.8%
BWXT BWX Technologies Inc. 0.07% 2,325 $335K Reduce -2.1%
BAM Brookfield Asset Mgmt-A 0.07% 5,667 $313K Add +18.8%
VOO Vanguard S&P 500 ETF 0.07% 538 $306K No change
MIDU Dirxn DLY Mid Cap BL 3XE-Usi 0.07% 6,720 $303K Add +11.0%
IWF iShares Russell 1000 Growth 0.07% 700 $297K No change
CRH CRH PLC 0.06% 3,195 $293K Reduce -87.0%
BIP Brookfield Infrastructure Pa 0.06% 8,150 $273K Add +8.7%
BMY Bristol-Myers Squibb Co. 0.06% 5,800 $268K Reduce -69.0%
OWL Blue Owl Capital Inc. 0.06% 13,100 $252K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 847 $250K Add +42250.0%
IR Ingersoll-Rand Inc. 0.06% 3,000 $250K No change
LMT Lockheed Martin Corp. 0.05% 530 $245K Reduce -15.9%
NCLH Norwegian Cruise Line Holdin 0.05% 11,890 $241K Reduce -84.4%
AEM Agnico Eagle Mines Ltd. 0.05% 2,000 $238K New
CRS Carpenter Technology 0.05% 842 $233K Add +5.0%
BHK BlackRock Core Bond Trust 0.05% 23,333 $227K Add +99.4%
ADBE Adobe Inc. 0.05% 545 $211K Reduce -17.1%
GLPI Gaming and Leisure Propertie 0.05% 4,475 $209K Reduce -2.7%
EOG EOG Resources Inc. 0.05% 1,721 $206K Reduce -3.6%
KEX Kirby Corp. 0.04% 1,700 $193K New
GOOG Alphabet Inc. Class C 0.04% 1,058 $188K Add +6.9%
OSW Onespaworld Holdings Ltd. 0.04% 9,200 $188K Reduce -34.5%
MDB Mongodb Inc. 0.04% 892 $187K Reduce -20.9%
CELH Celsius Holdings Inc. 0.04% 3,855 $179K Add +7610.0%
DUK Duke Energy Corp. 0.04% 1,500 $177K No change
IVV iShares Core S&P 500 ETF 0.04% 268 $166K Reduce -0.7%
CPNG Coupang Inc. 0.04% 5,500 $165K New
LRGF iShares US Equity Factor ETF 0.04% 2,500 $160K No change
SSO Proshares Ultra S&P500 0.04% 1,620 $158K No change
VGT Vanguard Info Tech ETF 0.03% 235 $156K Reduce -0.4%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.03% 1,200 $153K New
V Visa Inc. Class A 0.03% 416 $148K Add +27.6%
XPCQX PIMCO California Muni Inc. FD 0.03% 17,047 $146K New
FICO Fair Isaac Corp. 0.03% 74 $135K Reduce -87.8%
URTY Proshares Ultrapro RUSS2000 0.03% 3,344 $132K Add +29.5%
XPCKX PIMCO California Municipa II 0.03% 24,020 $129K Add +432.0%
XPNFX PIMCO New York Muni Inc. FD 0.03% 18,000 $126K New
ENB Enbridge Inc. 0.03% 2,602 $118K No change
PEP Pepsico Inc. 0.03% 857 $113K No change
BN Brookfield Corp. 0.02% 1,800 $111K New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.02% 1,050 $108K Reduce -48.8%
EPRT Essential Properties Realty 0.02% 3,325 $106K Reduce -5.7%
CCL Carnival Corp. 0.02% 3,650 $103K Add +82.5%
MCD McDonald's Corp. 0.02% 350 $102K Reduce -88.5%
WAT Waters Corp. 0.02% 290 $101K No change
GEO The Geo Group Inc. 0.02% 4,208 $101K Reduce -1.2%
CW Curtiss-Wright Corp. 0.02% 200 $98K No change
CRDO Credo Technology Group Holdi 0.02% 1,000 $93K New
IXN iShares Global Tech ETF 0.02% 1,000 $92K No change
MCO Moody's Corp. 0.02% 182 $91K Reduce -29.7%
PM Philip Morris International 0.02% 500 $91K No change
ESLT Elbit Systems Ltd. 0.02% 200 $90K No change
MRSH Marsh & McLennan Cos 0.02% 405 $89K Add +21.3%
IWR iShares Russell Mid-Cap ETF 0.02% 921 $85K Add +1.1%
DUHP Dimensional US High Profi Et 0.02% 2,308 $82K No change
AR Antero Resources Corp. 0.02% 2,000 $81K Reduce -42.9%
CECO Ceco Environmental Corp. 0.02% 2,800 $79K Add +1.8%
AMZU Dire DLY Amzn Bul 2X ETF-Usd 0.02% 1,971 $72K Add +0.1%
PJT PJT Partners Inc. Class A 0.02% 435 $72K No change
VTR Ventas Inc. 0.01% 1,000 $63K No change
DD Dupont DE Nemours Inc. 0.01% 900 $62K Reduce -40.0%
EMR Emerson Electric Co. 0.01% 450 $60K Reduce -47.1%
AIRR First Trust Rba American Ind 0.01% 735 $60K Reduce -0.8%
DXJ Wisdomtree Japan Hedged Eq 0.01% 500 $57K No change
WFC Wells Fargo & Co. 0.01% 695 $56K Add +184.8%
TSLL Dirx DLY Tsla Bul 2X ETF-Aui 0.01% 4,577 $54K Add +815.4%
DVY iShares Select Dividend ETF 0.01% 389 $52K No change
SKYY First Trust Cloud Computing 0.01% 391 $48K No change
TOL Toll Brothers Inc. 0.01% 400 $46K No change
YUM Yum! Brands Inc. 0.01% 300 $44K No change
QUAL iShares MSCI USA Quality Fac 0.01% 241 $44K No change
AMP Ameriprise Financial Inc. 0.01% 80 $43K New
IVE iShares S&P 500 Value ETF 0.01% 214 $42K No change
FAS Dirx DLY Finacial B3X ETF-Ui 0.01% 248 $42K Add +19.2%
CYBR Cyberark Software Ltd./Israel 0.01% 100 $41K No change
IGV iShares Expanded Tech-Softwa 0.01% 371 $41K No change
FDN First Trust DJ Internet Ind 0.01% 149 $40K Reduce -3.9%
SOXX iShares Semiconductor ETF 0.01% 167 $40K Reduce -5.7%
XLY SS Consumer Disc Select Sect 0.01% 180 $39K No change
FRPT Freshpet Inc. 0.01% 575 $39K Reduce -80.4%
ARDT Ardent Health Inc. 0.01% 2,810 $38K Add +8.1%
SMLF iShares US Smallcap Equity F 0.01% 557 $38K Reduce -2.1%
ETN Eaton Corp. PLC 0.01% 105 $37K Add +110.0%
NFG National Fuel Gas Co. 0.01% 425 $36K New
RTX RTX Corp. 0.01% 243 $35K Add +42.9%
XLV SS Health Care Select Sector 0.01% 250 $34K No change
DRS Leonardo DRS Inc. 0.01% 600 $28K New
NPV Nuveen Va QLTY Muni Inc. 0.01% 2,467 $28K Add +347.7%
JCI Johnson Controls Internation 0.01% 258 $27K Add +106.4%
WMT Walmart Inc. 0.01% 279 $27K Add +43.1%
INGR Ingredion Inc. 0.01% 200 $27K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 559 $26K Add +57.9%
KKR KKR & Co. Inc. 0.01% 185 $25K New
DBL Doubleline Opport Credit 0.01% 1,510 $23K Reduce -9.3%
FDX FedEx Corp. 0.01% 100 $23K Reduce -42.9%
MELI MercadoLibre Inc. 0.00% 8 $21K Reduce -20.0%
KD Kyndryl Holdings Inc. 0.00% 475 $20K New
WELL Welltower Inc. 0.00% 125 $19K Reduce -97.7%
ASML ASML Holding NV-NY Reg SHS 0.00% 23 $18K Add +283.3%
PNC PNC Financial Services Group 0.00% 95 $18K No change
IYW iShares Ustechnology ETF 0.00% 100 $17K No change
VRME Verifyme Inc. 0.00% 22,420 $17K No change
NSC Norfolk Southern Corp. 0.00% 65 $17K No change
ROK Rockwell Automation Inc. 0.00% 50 $17K Reduce -26.5%
CRWV Coreweave Inc. Class A 0.00% 100 $16K New
ABT Abbott Laboratories 0.00% 119 $16K Add +170.4%
ALB Albemarle Corp. 0.00% 251 $16K No change
CDNA Caredx Inc. 0.00% 800 $16K Reduce -86.2%
TRV The Travelers Cos Inc. 0.00% 53 $14K No change
SCHG Schwab US Large-Cap Growth 0.00% 480 $14K Reduce -13.0%
FTAI Ftai Aviation Ltd. 0.00% 120 $14K Add +150.0%
RQI Cohen & Steers Qual Inc. RLTY 0.00% 1,099 $14K Reduce -15.3%
UNP Union Pacific Corp. 0.00% 59 $14K No change
C Citigroup Inc. 0.00% 157 $13K New
ARCC Ares Capital Corp. 0.00% 600 $13K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.00% 165 $13K Reduce -15.4%
RPG Invesco S&P 500 Pure Growth 0.00% 284 $13K No change
PHM Pultegroup Inc. 0.00% 120 $13K Reduce -79.0%
PFE Pfizer Inc. 0.00% 508 $12K Add +133.0%
TMHC Taylor Morrison Home Corp. 0.00% 200 $12K No change
CMG Chipotle Mexican Grill Inc. 0.00% 215 $12K No change
PH Parker Hannifin Corp. 0.00% 17 $12K Add +112.5%
D Dominion Energy Inc. 0.00% 200 $11K Reduce -33.1%
SPYG SS SPDR P S&P 500 Growth ETF 0.00% 116 $11K No change
PSX Phillips 66 0.00% 92 $11K No change
XLE SS Energy Select Sector 0.00% 127 $11K Reduce -11.8%
SOUN Soundhound AI Inc. Class A 0.00% 1,000 $11K No change
SPXL Direxion Daily S&P 500 Bull 0.00% 60 $10K No change
DLR Digital Realty Trust Inc. 0.00% 58 $10K No change
CAH Cardinal Health Inc. 0.00% 60 $10K No change
WMB Williams Cos Inc. 0.00% 154 $10K No change
VMC Vulcan Materials Co. 0.00% 36 $9K No change
ASPN Aspen Aerogels Inc. 0.00% 1,575 $9K Add +0.3%
WM Waste Management Inc. 0.00% 40 $9K Reduce -14.9%
GSK GSK PLC-Spon ADR 0.00% 232 $9K New
QCOM Qualcomm Inc. 0.00% 55 $9K Add +1.9%
VEEV Veeva Systems Inc. Class A 0.00% 30 $9K No change
TOST Toast Inc. Class A 0.00% 195 $9K Reduce -97.0%
TM Toyota Motor Corp. -Spon ADR 0.00% 49 $8K New
SCHW Schwab (charles) Corp. 0.00% 91 $8K New
AXON Axon Enterprise Inc. 0.00% 10 $8K Add +42.9%
AMT American Tower Corp. 0.00% 37 $8K No change
OKE Oneok Inc. 0.00% 100 $8K Reduce -97.8%
EW Edwards Lifesciences Corp. 0.00% 100 $8K New
SHEL Shell PLC-ADR 0.00% 110 $8K New
AEP American Electric Power 0.00% 74 $8K No change
BP BP PLC-Spons ADR 0.00% 253 $8K New
CTVA Corteva Inc. 0.00% 100 $7K No change
NVR NVR Inc. 0.00% 1 $7K No change
BCS Barclays PLC-Spons ADR 0.00% 382 $7K New
COF Capital One Financial Corp. 0.00% 33 $7K No change
GGLL Direxion Daily Googl Bull 2X 0.00% 197 $7K No change
RDVY First Trust Rising Dividend 0.00% 109 $7K No change
ROAD Construction Partners Inc. Class A 0.00% 60 $6K Add +20.0%
VFH Vanguard Financials ETF 0.00% 49 $6K No change
COR Cencora Inc. 0.00% 20 $6K New
NVS Novartis AG-Sponsored ADR 0.00% 49 $6K New
RIO Rio Tinto PLC-Spon ADR 0.00% 100 $6K New
NWG Natwest Group PLC -Spon ADR 0.00% 404 $6K New
CIBR First Trust Nasdaq Cybersecu 0.00% 75 $6K No change
TER Teradyne Inc. 0.00% 62 $6K No change
MET Metlife Inc. 0.00% 68 $5K No change
TQQQ Proshares Ultrapro QQQ 0.00% 64 $5K Add +3.2%
XLI SS Industrial Select Sector 0.00% 35 $5K No change
NOC Northrop Grumman Corp. 0.00% 10 $5K No change
AVB Avalonbay Communities Inc. 0.00% 24 $5K No change
LVS Las Vegas Sands Corp. 0.00% 110 $5K No change
SBUX Starbucks Corp. 0.00% 52 $5K Add +2.0%
PODD Insulet Corp. 0.00% 15 $5K Add +25.0%
VIRT Virtu Financial Inc. Class A 0.00% 105 $5K Add +1.0%
TDG Transdigm Group Inc. 0.00% 3 $5K New
FEZ State Street SPDR Euro Stoxx 0.00% 75 $4K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.00% 10 $4K No change
MUFG Mitsubishi Ufj Finl-Spon ADR 0.00% 323 $4K New
DIVO Amplify CWP Enhan Divid ETF 0.00% 100 $4K No change
CDNS Cadence Design SYS Inc. 0.00% 12 $4K No change
XLB SS Materials Select Sector 0.00% 41 $4K No change
ONTO Onto Innovation Inc. 0.00% 35 $4K Reduce -99.5%
KWEB Kranesh Csi China Internet 0.00% 100 $3K No change
DHR Danaher Corp. 0.00% 17 $3K New
ECL Ecolab Inc. 0.00% 12 $3K No change
VOOG Vanguard S&P 500 Growth ETF 0.00% 8 $3K No change
DELL Dell Technologies -C 0.00% 25 $3K Reduce -66.7%
ETR Entergy Corp. 0.00% 36 $3K No change
DTE DTE Energy Company 0.00% 22 $3K No change
VNOM Viper Energy Inc. 0.00% 75 $3K No change
MLM Martin Marietta Materials 0.00% 5 $3K No change
CRM Salesforce Inc. 0.00% 10 $3K Reduce -97.9%
SJT San Juan Basin Royalty TR 0.00% 450 $3K New
TTE Totalenergies SE -Spon ADR 0.00% 43 $3K New
PAVE Global X US Infrastructure 0.00% 56 $2K No change
PGR Progressive Corp. 0.00% 8 $2K No change
CAG Conagra Brands Inc. 0.00% 100 $2K No change
AON Aon PLC Class A 0.00% 5 $2K New
INTC Intel Corp. 0.00% 79 $2K No change
LW Lamb Weston Holdings Inc. 0.00% 33 $2K No change
METV Roundhill Ball Metaverse ETF 0.00% 100 $2K No change
AMR Alpha Metallurgical Resource 0.00% 15 $2K No change
VB Vanguard Most SM-Cap ETF-Usd 0.00% 7 $2K Reduce -22.2%
CME Cme Group Inc. 0.00% 6 $2K No change
HELO JPMorgan Hedged Equity ETF 0.00% 25 $2K No change
XLF SS Financial Select Sector 0.00% 29 $2K No change
VYM Vanguard High DVD Yield ETF 0.00% 11 $1K No change
SCHF Schwab Intl Equity ETF 0.00% 57 $1K No change
FLNC Fluence Energy Inc. 0.00% 180 $1K No change
OS Onestream Inc. 0.00% 40 $1K Reduce -50.0%
GEHC GE Healthcare Technology 0.00% 15 $1K No change
MNST Monster Beverage Corp. 0.00% 15 $940 No change
IJR iShares Core S&P Small-Cap E 0.00% 8 $874 No change
TXN Texas Instruments Inc. 0.00% 4 $830 No change
MLI Mueller Industries Inc. 0.00% 10 $795 New
SPYD SS SPDR P S&P 500 Hi Div ETF 0.00% 19 $790 Add +5.6%
HLI Houlihan Lokey Inc. 0.00% 4 $720 New
ARKK ARK Innovation ETF 0.00% 10 $703 No change
IJH iShares Core S&P Midcap ETF 0.00% 10 $620 No change
HUBS HubSpot Inc. 0.00% 1 $557 Reduce -99.6%
TGT Target Corp. 0.00% 5 $493 No change
GME Gamestop Corp. Class A 0.00% 20 $488 No change
HPQ HP Inc. 0.00% 14 $342 No change
SOLV Solventum Corp. 0.00% 4 $303 No change
HPE Hewlett Packard Enterprise 0.00% 14 $286 No change
LIVEPERSON INC 0.00% 250 $253 No change
PENN Penn Entertainment Inc. 0.00% 10 $179 No change
PLBY Playboy Inc. 0.00% 100 $162 No change
ABAT American Battery Technology 0.00% 67 $109 No change
SHLS Shoals Technologies Group -A 0.00% 10 $43 No change
HLN Haleon PLC-ADR 0.00% 3 $31 No change
WBD Warner Bros Discovery Inc. 0.00% 2 $23 No change
VTRS Viatris Inc. 0.00% 1 $9 No change
Other holdings (3): bonds, preferreds, convertibles and warrants · $4.6M (not counted above)
SecurityClassShares / PrincipalValueChange
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 47,475$3.6MReduce -1.8%
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B 10,975$665KAdd +3.0%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 11,923$383KReduce -0.6%
Lines left out (2) · $10 — a value with no share or principal amount
SecurityClassSharesValue
ED Consolidated Edison Inc. COM0$5
VZ Verizon Communications Inc. COM0$5

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $456.4M.

Portfolio Sells Q1 2025 → Q2 2025

AAPL Apple Inc. Reduce -43.1% 1.04% −1.24
HD Home Depot Inc. Reduce -36.3% 1.46% −1.18
UNH Unitedhealth Group Inc. Reduce -0.1% 1.17% −1.10
BRK.B Berkshire Hathaway Inc. Class B Reduce -75.9% 0.25% −1.06
XOM Exxon Mobil Corp. Reduce -43.1% 0.72% −0.89
GOOGL Alphabet Inc. Class A Reduce -26.9% 2.20% −0.85
AZO AutoZone Inc. Reduce -18.6% 1.37% −0.62
REGN Regeneron Pharmaceuticals Reduce -80.7% 0.09% −0.57
FANG Diamondback Energy Inc. Reduce -48.9% 0.33% −0.54
CRH CRH PLC Reduce -87.0% 0.06% −0.49
CMI Cummins Inc. Reduce -83.8% 0.08% −0.45
LLY Eli Lilly & Co. Reduce -0.6% 1.89% −0.43
BKR Baker Hughes Co. Sold out 0.00% −0.42
CVX Chevron Corp. Reduce -39.5% 0.34% −0.42
MA Mastercard Inc. Class A Reduce -16.0% 1.04% −0.35
NCLH Norwegian Cruise Line Holdin Reduce -84.4% 0.05% −0.32
VRTX Vertex Pharmaceuticals Inc. Reduce -1.7% 1.01% −0.28
LIN Linde PLC Reduce -3.9% 1.40% −0.27
FICO Fair Isaac Corp. Reduce -87.8% 0.03% −0.26
BX Blackstone Inc. Reduce -38.9% 0.33% −0.25
BMY Bristol-Myers Squibb Co. Reduce -69.0% 0.06% −0.23
MCD McDonald's Corp. Reduce -88.5% 0.02% −0.22
ONTO Onto Innovation Inc. Reduce -99.5% 0.00% −0.22
COST Costco Wholesale Corp. Reduce -4.5% 1.40% −0.21
WELL Welltower Inc. Reduce -97.7% 0.00% −0.21
JNJ Johnson & Johnson Reduce -1.7% 0.63% −0.17
APO Apollo Global Management Inc. Reduce -1.1% 1.17% −0.15
ISRG Intuitive Surgical Inc. Reduce -2.3% 1.74% −0.13
TMO Thermo Fisher Scientific Inc. Reduce -11.3% 0.21% −0.13
MRVL Marvell Technology Inc. Sold out 0.00% −0.13
OKE Oneok Inc. Reduce -97.8% 0.00% −0.11
DHI D.R. Horton Inc. Reduce -29.9% 0.17% −0.11
ABBV Abbvie Inc. Reduce -2.1% 0.29% −0.09
ADP Automatic Data Processing Reduce -2.6% 0.52% −0.09
TFC Truist Financial Corp. Reduce -32.5% 0.13% −0.09
CTAS Cintas Corp. Reduce -1.0% 1.06% −0.08
ARGX Argenx SE - ADR Sold out 0.00% −0.07
JEPI JPMorgan Equity Premium Inco Reduce -31.6% 0.10% −0.07
FRPT Freshpet Inc. Reduce -80.4% 0.01% −0.05
PG The Procter & Gamble Co. Reduce -6.6% 0.17% −0.05
TOST Toast Inc. Class A Reduce -97.0% 0.00% −0.05
VLO Valero Energy Corp. Sold out 0.00% −0.05
IOT Samsara Inc. Class A Sold out 0.00% −0.05
FTI Technipfmc PLC Reduce -2.8% 0.51% −0.05
SPG Simon Property Group Inc. Sold out 0.00% −0.04
HUBS HubSpot Inc. Reduce -99.6% 0.00% −0.04
SLG SL Green Realty Corp. Reduce -4.1% 0.28% −0.03
CRM Salesforce Inc. Reduce -97.9% 0.00% −0.03
TEM Tempus AI Inc. Class A Sold out 0.00% −0.03
EXC Exelon Corp. Sold out 0.00% −0.03

Portfolio Buys Q1 2025 → Q2 2025

QQQ Invesco QQQ Trust Series 1 Add +41000.0% 1.00% +1.00
SPY SS SPDR S&P 500 ETF Trust-US Add +731.4% 0.90% +0.79
BEN Franklin Templeton Inc. New 0.43% +0.43
JEPQ JPM Nasdaq Equity Premium Add +44.4% 1.73% +0.41
AMD Advanced Micro Devices Add +310.2% 0.50% +0.40
FSLR First Solar Inc. Add +529.6% 0.44% +0.38
LNG Cheniere Energy Inc. New 0.32% +0.32
BOXX Alpha Architect 1-3 MNTH Box New 0.30% +0.30
IBIT iShares Bitcoin Trust ETF Add +2100.0% 0.30% +0.29
ALAB Astera Labs Inc. Add +29.6% 0.67% +0.28
VIK Viking Holdings Ltd. New 0.27% +0.27
GLD SPDR Gold Shares Add +102.1% 0.59% +0.27
GEV GE Vernova Inc. Add +68.0% 0.43% +0.26
HWM Howmet Aerospace Inc. Add +29.5% 0.67% +0.25
EAGL Eagle Capital Select Eqty New 0.24% +0.24
PLTR Palantir Technologies Inc. Class A Add +2.8% 0.78% +0.24
SNOW Snowflake Inc. Add +28.7% 0.56% +0.23
CRWD CrowdStrike Holdings Inc. Class A Add +34.7% 0.49% +0.20
TLN Talen Energy Corp. New 0.18% +0.18
BA The Boeing Co. Add +16.8% 0.92% +0.18
KMI Kinder Morgan Inc. Add +850.9% 0.20% +0.18
COIN Coinbase Global Inc. Class A New 0.18% +0.18
ON On Semiconductor New 0.16% +0.16
GS Goldman Sachs Group Inc. Add +2.8% 1.20% +0.16
MS Morgan Stanley Add +109.0% 0.29% +0.16
EQT Eqt Corp. Add +273.0% 0.21% +0.15
NET Cloudflare Inc. Class A New 0.14% +0.14
GE General Electric Add +0.1% 1.37% +0.14
ADMA Adma Biologics Inc. Add +405.9% 0.18% +0.13
UBER Uber Technologies Inc. Add +58.8% 0.30% +0.13
SOXL Direx Dail Semi Bu 3X Et-Usd Add +26.1% 0.27% +0.11
TSLA Tesla Inc. Add +6.1% 0.99% +0.11
SAP Sap SE-Sponsored ADR Add +68.5% 0.28% +0.11
APP AppLovin Corp. Class A Add +325.0% 0.13% +0.10
WGS Genedx Holdings Corp. Add +34.2% 0.56% +0.10
ANET Arista Networks Inc. Add +36.4% 0.27% +0.10
SE Sea Ltd.-ADR Add +21.1% 0.43% +0.10
SPOT Spotify Technology SA New 0.09% +0.09
NOW ServiceNow Inc. Add +0.6% 0.79% +0.09
LYB Lyondellbasell Indu Class A New 0.08% +0.08
LRCX Lam Research Corp. Add +1.3% 0.51% +0.08
PDI PIMCO Dynamic Income Fund Add +31.9% 0.78% +0.07
USD Proshares Ultra Semiconduct Add +3.4% 0.16% +0.06
EBS Emergent Biosolutions Inc. Add +11.0% 0.29% +0.06
NXPI NXP Semiconductors NV Add +12.9% 0.54% +0.06
NVMI Nova Ltd. Add +1.4% 0.24% +0.06
IBM Intl Business Machines Corp. Add +42250.0% 0.06% +0.06
AEM Agnico Eagle Mines Ltd. New 0.05% +0.05
BLK BlackRock Inc. Add +32.1% 0.25% +0.05
KEX Kirby Corp. New 0.04% +0.04

Notes & Other Activity Q1 2025 → Q2 2025

APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Reduce -1.8% 47,475 $3.6M
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B Add +3.0% 10,975 $665K
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -0.6% 11,923 $383K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 411$600.9MNVDA, MU, KLAC, AVGO, AMZN
Q1 2026 398$478.2MNVDA, AVGO, AMZN, META, GOOGL
Q4 2025 388$495.9MNVDA, AVGO, MSFT, AMZN, META
Q3 2025 365$497.1MNVDA, META, MSFT, AVGO, AMZN
Q2 2025 359$451.8MNVDA, META, MSFT, AMZN, AVGO
Q1 2025 336$391.6MNVDA, META, MSFT, AMZN, GOOGL
Q4 2024 324$431.7MNVDA, MSFT, AMZN, META, GOOGL
Q3 2024Amended 338$458.6MMSFT, NVDA, META, AMZN, GOOGL
Q2 2024 140$406.9MNVDA, MSFT, AMZN, GOOGL, META
Q1 2024 139$389.0MMSFT, NVDA, META, AMZN, GOOGL