Morse Asset Management, Inc

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Morse Asset Management, Inc reported 365 stock positions worth $497.1 million. Its top holding was Nvidia (NVDA) at 7.5% of the portfolio, followed by Meta Platforms Class A (META, 4.5%) and Microsoft (MSFT, 4.5%). Compared with Q2 2025, it opened 53 new positions, sold out of 46, added to 107 and reduced 76. The biggest buy was AppLovin Class A (APP, shares +268%) and the biggest sale Cintas (CTAS, shares −80%).

Most Recent 13F
Q2 2026
Location
DARIEN, CT
CIK
0001705711
Portfolio Value
$497.1M (Q3 2025)
SEC Filing
0001705711-25-000009 ↗ filed Nov 14, 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 Q2 2025 Q3 2025: $497.1M $497.1M Q3 2025 Q4 2025: $495.9M Q4 2025 Q1 2026: $478.2M Q1 2026 Q2 2026: $600.9M Q2 2026

Holdings 365 stocks · $497.1M

NVDA Nvidia Corp. 7.49% 199,416 $37.2M Add +0.9%
META Meta Platforms Inc. Class A 4.49% 30,405 $22.3M Add +0.2%
MSFT Microsoft Corp. 4.48% 42,978 $22.3M Add +0.0%
AVGO Broadcom Inc. 4.37% 65,876 $21.7M Add +1.1%
AMZN Amazon.com Inc. 3.98% 90,164 $19.8M Add +0.3%
GOOGL Alphabet Inc. Class A 2.75% 56,312 $13.7M Reduce -0.2%
EVR Evercore Inc. Class A 2.62% 38,610 $13.0M Reduce -1.5%
URI United Rentals Inc. 2.59% 13,479 $12.9M Add +0.8%
KLAC KLA Corp. 1.98% 9,103 $9.8M Reduce -4.7%
BKNG Booking Holdings Inc. 1.78% 1,639 $8.8M Add +0.9%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 1.76% 151,753 $8.7M Add +5.9%
NFLX Netflix Inc. 1.72% 7,119 $8.5M Add +2.6%
LLY Eli Lilly & Co. 1.68% 10,916 $8.3M Reduce -0.3%
HD Home Depot Inc. 1.55% 18,997 $7.7M Add +5.8%
TSM Taiwan Semiconductor-SP ADR 1.53% 27,194 $7.6M Add +0.1%
AAPL Apple Inc. 1.47% 28,658 $7.3M Add +25.4%
GE General Electric filed as GE AEROSPACE 1.46% 24,091 $7.2M Add +0.1%
AZO AutoZone Inc. 1.44% 1,668 $7.2M Add +0.2%
LIN Linde PLC 1.28% 13,414 $6.4M Reduce -0.2%
TSLA Tesla Inc. 1.28% 14,281 $6.4M Add +1.9%
GS Goldman Sachs Group Inc. 1.25% 7,788 $6.2M Add +1.3%
PANW Palo Alto Networks Inc. 1.23% 29,992 $6.1M Reduce -2.1%
COST Costco Wholesale Corp. 1.19% 6,369 $5.9M Reduce -0.1%
ISRG Intuitive Surgical Inc. 1.15% 12,834 $5.7M Reduce -11.2%
UNH Unitedhealth Group Inc. 1.13% 16,277 $5.6M Reduce -4.2%
QQQ Invesco QQQ Trust Series 1 1.10% 9,127 $5.5M Add +11.0%
ALAB Astera Labs Inc. 1.09% 27,794 $5.4M Reduce -17.4%
MU Micron Technology Inc. 1.03% 30,592 $5.1M Reduce -37.4%
ICE Intercontinental Exchange Inc. 1.02% 30,219 $5.1M Add +2.8%
VST Vistra Corp. 0.98% 24,870 $4.9M Add +0.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.97% 7,264 $4.8M Add +10.3%
PLTR Palantir Technologies Inc. Class A 0.96% 26,029 $4.7M Add +0.2%
MA Mastercard Inc. Class A 0.95% 8,337 $4.7M Reduce -0.5%
BA The Boeing Co. 0.93% 21,528 $4.6M Add +8.1%
APP AppLovin Corp. Class A 0.90% 6,260 $4.5M Add +268.2%
VRT Vertiv Holdings Co. Class A 0.85% 27,990 $4.2M Add +4.1%
VRTX Vertex Pharmaceuticals Inc. 0.81% 10,305 $4.0M Add +0.2%
PDI PIMCO Dynamic Income Fund 0.77% 193,022 $3.8M Add +3.7%
DHI D.R. Horton Inc. 0.75% 22,075 $3.7M Add +268.8%
AMD Advanced Micro Devices 0.75% 23,114 $3.7M Add +45.8%
JNJ Johnson & Johnson 0.70% 18,774 $3.5M No change
IREN Iren Ltd. filed as IREN LIMITED 0.70% 73,642 $3.5M New
XOM Exxon Mobil Corp. 0.69% 30,541 $3.4M Add +1.5%
GLD SPDR Gold Shares 0.68% 9,465 $3.4M Add +8.1%
APO Apollo Global Management Inc. 0.62% 23,260 $3.1M Reduce -37.8%
ABBV Abbvie Inc. 0.62% 13,268 $3.1M Add +89.6%
RACE Ferrari NV 0.60% 6,178 $3.0M Add +1.2%
WGS Genedx Holdings Corp. 0.59% 27,445 $3.0M Add +0.2%
FSLR First Solar Inc. 0.58% 13,156 $2.9M Add +9.0%
FTI Technipfmc PLC 0.57% 72,275 $2.9M Add +8.4%
LRCX Lam Research Corp. 0.55% 20,420 $2.7M Reduce -14.4%
SNOW Snowflake Inc. 0.52% 11,371 $2.6M Add +1.1%
HWM Howmet Aerospace Inc. 0.51% 12,918 $2.5M Reduce -20.8%
CRWD CrowdStrike Holdings Inc. Class A 0.49% 4,950 $2.4M Add +13.3%
SHW The Sherwin-Williams Co. 0.47% 6,742 $2.3M Reduce -2.3%
NXPI NXP Semiconductors NV 0.47% 10,250 $2.3M Reduce -8.0%
XCHYX Calamos Convert & High Inc. 0.47% 207,163 $2.3M Add +6.8%
GEV GE Vernova Inc. 0.46% 3,693 $2.3M Add +0.1%
COIN Coinbase Global Inc. Class A 0.45% 6,586 $2.2M Add +190.6%
BX Blackstone Inc. 0.44% 12,877 $2.2M Add +28.1%
EAGL Eagle Capital Select Eqty 0.43% 68,245 $2.1M Add +87.0%
ADP Automatic Data Processing 0.40% 6,841 $2.0M Reduce -10.2%
CVX Chevron Corp. 0.39% 12,434 $1.9M Add +15.5%
EBS Emergent Biosolutions Inc. 0.39% 217,925 $1.9M Add +4.8%
MRK Merck & Co. Inc. 0.38% 22,776 $1.9M Add +4.5%
NOW ServiceNow Inc. 0.37% 1,997 $1.8M Reduce -42.8%
NBIS Nebius Group NV 0.36% 16,150 $1.8M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.36% 15,740 $1.8M No change
IBIT iShares Bitcoin Trust ETF 0.36% 27,500 $1.8M Add +25.0%
ANET Arista Networks Inc. 0.35% 12,064 $1.8M Add +0.5%
BLK BlackRock Inc. 0.34% 1,452 $1.7M Add +35.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.34% 11,660 $1.7M Add +8.4%
MMM 3M Co. 0.33% 10,638 $1.7M Add +3.3%
SOXL Direx Dail Semi Bu 3X Et-Usd 0.33% 46,798 $1.6M Reduce -2.4%
MS Morgan Stanley 0.33% 10,231 $1.6M Add +8.2%
ETN Eaton Corp. PLC 0.32% 4,239 $1.6M Add +3937.1%
TLT iShares 20+ Year Treasury BD 0.31% 17,293 $1.5M Add +11.7%
UBER Uber Technologies Inc. 0.31% 15,756 $1.5M Add +8.9%
AXP American Express Co. 0.31% 4,580 $1.5M Add +0.4%
VIK Viking Holdings Ltd. 0.29% 23,199 $1.4M Reduce -0.2%
LNG Cheniere Energy Inc. 0.28% 5,991 $1.4M No change
TMO Thermo Fisher Scientific Inc. 0.28% 2,874 $1.4M Add +21.9%
BOXX Alpha Architect 1-3 MNTH Box 0.27% 12,000 $1.4M No change
NFG National Fuel Gas Co. 0.27% 14,535 $1.3M Add +3320.0%
CRWV Coreweave Inc. Class A 0.26% 9,589 $1.3M Add +9489.0%
SCCO Southern Copper Corp. 0.25% 10,227 $1.2M Add +2.4%
TLN Talen Energy Corp. 0.25% 2,865 $1.2M No change
NVMI Nova Ltd. 0.23% 3,608 $1.2M Reduce -7.3%
FANG Diamondback Energy Inc. 0.22% 7,672 $1.1M Reduce -29.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.22% 20,929 $1.1M Add +3644.0%
APLD Applied Digital Corp. 0.21% 46,519 $1.1M New
PAA Plains All Amer Pipeline LP 0.21% 60,000 $1.0M Add +14.3%
KMI Kinder Morgan Inc. 0.20% 35,330 $1.0M Add +13.7%
ORCL Oracle Corp. 0.20% 3,552 $999K Add +9.1%
NDAQ Nasdaq Inc. 0.20% 11,085 $980K Add +0.1%
KO The Coca-Cola Co. 0.19% 13,990 $928K No change
ARES Ares Management Corp. Class A 0.19% 5,770 $923K Reduce -65.0%
HLT Hilton Worldwide Holdings Inc. 0.18% 3,490 $905K Reduce -0.9%
AVAV Aerovironment Inc. 0.18% 2,816 $887K New
USD Proshares Ultra Semiconduct 0.18% 8,875 $879K Reduce -7.3%
CTAS Cintas Corp. 0.17% 4,222 $867K Reduce -80.3%
CAT Caterpillar Inc. 0.17% 1,784 $851K Add +21.9%
JPM JPMorgan Chase & Co. 0.17% 2,688 $848K Add +1.2%
PG The Procter & Gamble Co. 0.16% 5,209 $800K Add +10.8%
CSX CSX Corp. 0.15% 21,650 $769K Reduce -15.6%
PIPR Piper Sandler Cos 0.14% 2,040 $708K No change
ON On Semiconductor 0.14% 14,111 $696K Add +1.5%
SNPS Synopsys Inc. 0.14% 1,360 $671K No change
IWM iShares Russell 2000 ETF 0.13% 2,762 $668K Reduce -0.1%
GDX Vaneck Gold Miners ETF 0.13% 8,651 $661K New
TT Trane Technologies PLC 0.13% 1,500 $633K No change
NEE Nextera Energy Inc. 0.12% 8,000 $604K Reduce -1.8%
AEM Agnico Eagle Mines Ltd. 0.12% 3,500 $590K Add +75.0%
HON Honeywell International Inc. 0.12% 2,800 $589K No change
CMI Cummins Inc. 0.12% 1,389 $587K Add +28.9%
BMNR Bitmine Immersion Technologi 0.12% 11,200 $582K New
EFT Eaton Vance Fltng RT Inc. TR 0.12% 49,008 $577K Add +28.0%
NKE Nike Inc. Class B 0.11% 8,061 $562K Add +0.0%
AMAT Applied Materials Inc. 0.11% 2,641 $541K No change
CL Colgate-Palmolive Co. 0.10% 6,000 $480K No change
ISPY Proshares S&P High Incom ETF 0.10% 10,571 $477K Reduce -64.4%
REGN Regeneron Pharmaceuticals 0.08% 702 $395K Reduce -11.7%
GBAB Guggenheim Taxable Municipal 0.08% 24,357 $379K New
APAM Artisan Partners Asset Ma -A 0.07% 8,435 $366K No change
RTX RTX Corp. 0.07% 2,118 $354K Add +771.6%
CRH CRH PLC 0.07% 2,795 $335K Reduce -12.5%
MIDU Dirxn DLY Mid Cap BL 3XE-Usi 0.07% 6,554 $332K Reduce -2.5%
VOO Vanguard S&P 500 ETF 0.07% 537 $329K Reduce -0.2%
IWF iShares Russell 1000 Growth 0.07% 700 $328K No change
BAM Brookfield Asset Mgmt-A 0.06% 5,652 $322K Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.06% 618 $311K Reduce -73.4%
CRS Carpenter Technology 0.06% 1,203 $295K Add +42.9%
ARGX Argenx SE - ADR 0.06% 400 $295K New
HOOD Robinhood Markets Inc. Class A 0.06% 2,015 $289K New
NCLH Norwegian Cruise Line Holdin 0.06% 11,245 $277K Reduce -5.4%
TKO Tko Group Holdings Inc. 0.05% 1,325 $268K New
GOOG Alphabet Inc. Class C 0.05% 1,093 $266K Add +3.3%
LMT Lockheed Martin Corp. 0.05% 530 $265K No change
PSX Phillips 66 0.05% 1,945 $265K Add +2014.1%
BIP Brookfield Infrastructure Pa 0.05% 8,000 $263K Reduce -1.8%
BMY Bristol-Myers Squibb Co. 0.05% 5,800 $262K No change
IR Ingersoll-Rand Inc. 0.05% 3,000 $248K No change
BGX Blackstone Long-Short Credit 0.05% 20,521 $246K Reduce -54.3%
SCHW Schwab (charles) Corp. 0.05% 2,497 $238K Add +2644.0%
BHK BlackRock Core Bond Trust 0.05% 23,333 $232K No change
BEN Franklin Templeton Inc. 0.04% 9,650 $223K Reduce -88.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.04% 2,155 $220K Add +105.2%
SEI Solaris Energy Infrastructur 0.04% 4,970 $199K New
LYB Lyondellbasell Indu Class A 0.04% 4,000 $196K Reduce -39.4%
APH Amphenol Corp. Class A 0.04% 1,500 $186K New
DUK Duke Energy Corp. 0.04% 1,500 $186K No change
EOG EOG Resources Inc. 0.04% 1,634 $183K Reduce -5.1%
SSO Proshares Ultra S&P500 0.04% 1,620 $182K No change
URTY Proshares Ultrapro RUSS2000 0.04% 3,338 $177K Reduce -0.2%
VGT Vanguard Info Tech ETF 0.04% 235 $175K No change
LRGF iShares US Equity Factor ETF 0.03% 2,500 $173K No change
TMF Dir DLY 20+YR TR BL3X ETF-Ui 0.03% 4,000 $161K New
IVV iShares Core S&P 500 ETF 0.03% 240 $161K Reduce -10.4%
VEEV Veeva Systems Inc. Class A 0.03% 535 $159K Add +1683.3%
RKT Rocket Cos Inc. Class A 0.03% 7,612 $148K New
TER Teradyne Inc. 0.03% 1,062 $146K Add +1612.9%
V Visa Inc. Class A 0.03% 421 $144K Add +1.2%
ENB Enbridge Inc. 0.03% 2,602 $131K No change
BN Brookfield Corp. 0.02% 1,800 $123K No change
PEP Pepsico Inc. 0.02% 858 $120K Add +0.1%
ATAT Atour Lifestyle Holdings-ADR 0.02% 3,140 $118K New
ETHA iShares Ethereum Trust ETF 0.02% 3,700 $117K New
ADBE Adobe Inc. 0.02% 328 $116K Reduce -39.8%
GLXY Galaxy Digital Inc. Class A 0.02% 3,230 $109K New
MCD McDonald's Corp. 0.02% 350 $106K No change
CCL Carnival Corp. 0.02% 3,650 $106K No change
IXN iShares Global Tech ETF 0.02% 1,000 $103K No change
ESLT Elbit Systems Ltd. 0.02% 200 $102K No change
SLG SL Green Realty Corp. 0.02% 1,500 $90K Reduce -92.7%
IWR iShares Russell Mid-Cap ETF 0.02% 921 $89K No change
PM Philip Morris International 0.02% 539 $87K Add +7.8%
WAT Waters Corp. 0.02% 290 $87K No change
C Citigroup Inc. 0.02% 852 $86K Add +442.7%
DUHP Dimensional US High Profi Et 0.02% 2,258 $85K Reduce -2.2%
XPCQX PIMCO California Muni Inc. FD 0.02% 9,600 $84K Reduce -71.0%
MRSH Marsh & McLennan Cos 0.02% 405 $82K No change
PJT PJT Partners Inc. Class A 0.02% 435 $77K No change
GEO The Geo Group Inc. 0.02% 3,758 $77K Reduce -10.7%
SPOT Spotify Technology SA 0.01% 107 $75K Reduce -80.0%
ARM Arm Holdings PLC-ADR 0.01% 509 $72K Reduce -96.5%
AIRR First Trust Rba American Ind 0.01% 738 $71K Add +0.4%
DD Dupont DE Nemours Inc. 0.01% 900 $70K No change
VTR Ventas Inc. 0.01% 1,000 $70K No change
PWR Quanta Services Inc. 0.01% 165 $68K New
AMZU Dire DLY Amzn Bul 2X ETF-Usd 0.01% 1,941 $68K Reduce -1.5%
DXJ Wisdomtree Japan Hedged Eq 0.01% 500 $64K No change
WFC Wells Fargo & Co. 0.01% 695 $58K No change
FAS Dirx DLY Finacial B3X ETF-Ui 0.01% 327 $58K Add +31.9%
DVY iShares Select Dividend ETF 0.01% 389 $55K No change
TOL Toll Brothers Inc. 0.01% 400 $55K No change
SKYY First Trust Cloud Computing 0.01% 391 $53K No change
EMR Emerson Electric Co. 0.01% 400 $52K Reduce -11.1%
CECO Ceco Environmental Corp. 0.01% 1,000 $51K Reduce -64.3%
SE Sea Ltd.-ADR 0.01% 285 $51K Reduce -97.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.01% 462 $50K New
CYBR Cyberark Software Ltd./Israel 0.01% 100 $48K No change
QUAL iShares MSCI USA Quality Fac 0.01% 241 $47K No change
YUM Yum! Brands Inc. 0.01% 300 $46K No change
SOXX iShares Semiconductor ETF 0.01% 167 $45K No change
IVE iShares S&P 500 Value ETF 0.01% 214 $44K No change
AEP American Electric Power 0.01% 384 $43K Add +418.9%
XLY SS Consumer Disc Select Sect 0.01% 180 $43K No change
IGV iShares Expanded Tech-Softwa 0.01% 371 $43K No change
FDN First Trust DJ Internet Ind 0.01% 149 $42K No change
SMLF iShares US Smallcap Equity F 0.01% 557 $41K No change
AMP Ameriprise Financial Inc. 0.01% 80 $39K No change
SBLK Star Bulk Carriers Corp. 0.01% 2,000 $37K New
DASH DoorDash Inc. Class A 0.01% 133 $36K New
XLV SS Health Care Select Sector 0.01% 250 $35K No change
PH Parker Hannifin Corp. 0.01% 45 $34K Add +164.7%
NPV Nuveen Va QLTY Muni Inc. 0.01% 2,873 $33K Add +16.5%
CLSK Cleanspark Inc. 0.01% 2,180 $32K New
ROAD Construction Partners Inc. Class A 0.01% 240 $30K Add +300.0%
WMT Walmart Inc. 0.01% 279 $29K No change
JCI Johnson Controls Internation 0.01% 258 $28K No change
BIRK Birkenstock Holding PLC 0.01% 625 $28K New
AIR Aar Corp. 0.01% 305 $27K New
DRS Leonardo DRS Inc. 0.01% 600 $27K No change
DBL Doubleline Opport Credit 0.01% 1,746 $27K Add +15.6%
CHAT Roundhill Gen AI & Tech ETF 0.01% 430 $26K New
WELL Welltower Inc. 0.00% 135 $24K Add +8.0%
KKR KKR & Co. Inc. 0.00% 185 $24K No change
SYNA Synaptics Inc. 0.00% 345 $24K New
ALB Albemarle Corp. 0.00% 271 $22K Add +8.0%
GUG Guggenheim Active Allocation 0.00% 1,310 $20K New
VRME Verifyme Inc. 0.00% 23,020 $20K Add +2.7%
IYW iShares Ustechnology ETF 0.00% 100 $20K No change
NSC Norfolk Southern Corp. 0.00% 65 $20K No change
TTWO Take-Two Interactive Softwre 0.00% 75 $19K New
PNC PNC Financial Services Group 0.00% 95 $19K No change
TEN Tsakos Energy Navigation Ltd. 0.00% 800 $18K New
ROK Rockwell Automation Inc. 0.00% 50 $17K No change
PHM Pultegroup Inc. 0.00% 125 $17K Add +4.2%
SOUN Soundhound AI Inc. Class A 0.00% 1,000 $16K No change
TSLL Dirx DLY Tsla Bul 2X ETF-Aui 0.00% 755 $16K Reduce -83.5%
D Dominion Energy Inc. 0.00% 260 $16K Add +30.0%
TDG Transdigm Group Inc. 0.00% 12 $16K Add +300.0%
SCHG Schwab US Large-Cap Growth 0.00% 480 $15K No change
ABT Abbott Laboratories 0.00% 114 $15K Reduce -4.2%
SYK Stryker Corp. 0.00% 41 $15K Reduce -97.1%
TMHC Taylor Morrison Home Corp. 0.00% 225 $15K Add +12.5%
TRV The Travelers Cos Inc. 0.00% 53 $15K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.00% 165 $15K No change
PFE Pfizer Inc. 0.00% 548 $14K Add +7.9%
UNP Union Pacific Corp. 0.00% 59 $14K No change
UNHG Leverage Shares 2X Unh 0.00% 653 $14K New
RPG Invesco S&P 500 Pure Growth 0.00% 284 $14K No change
SPXL Direxion Daily S&P 500 Bull 0.00% 60 $13K No change
RQI Cohen & Steers Qual Inc. RLTY 0.00% 1,005 $13K Reduce -8.6%
GGLL Direxion Daily Googl Bull 2X 0.00% 197 $12K No change
ARCC Ares Capital Corp. 0.00% 600 $12K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.00% 116 $12K No change
MELI MercadoLibre Inc. 0.00% 5 $12K Reduce -37.5%
XLE SS Energy Select Sector 0.00% 126 $11K Reduce -0.8%
VMC Vulcan Materials Co. 0.00% 36 $11K No change
IEI iShares 3-7 Year Treasury Bo 0.00% 85 $10K New
SHY iShares 1-3 Year Treasury Bo 0.00% 121 $10K New
DLR Digital Realty Trust Inc. 0.00% 58 $10K No change
SJT San Juan Basin Royalty TR 0.00% 1,660 $10K Add +268.9%
WMB Williams Cos Inc. 0.00% 154 $10K No change
EW Edwards Lifesciences Corp. 0.00% 125 $10K Add +25.0%
OUST Ouster Inc. 0.00% 350 $9K New
HLI Houlihan Lokey Inc. 0.00% 45 $9K Add +1025.0%
QCOM Qualcomm Inc. 0.00% 55 $9K No change
STM Stmicroelectronics NV-NY SHS 0.00% 320 $9K New
WM Waste Management Inc. 0.00% 40 $9K No change
BP BP PLC-Spons ADR 0.00% 253 $9K No change
AS Amer Sports Inc. 0.00% 250 $9K New
FTAI Ftai Aviation Ltd. 0.00% 50 $8K Reduce -58.3%
CIFR Cipher Digital Inc. 0.00% 660 $8K New
BCS Barclays PLC-Spons ADR 0.00% 400 $8K Add +4.7%
ECL Ecolab Inc. 0.00% 30 $8K Add +150.0%
NVR NVR Inc. 0.00% 1 $8K No change
SHEL Shell PLC-ADR 0.00% 110 $8K No change
TM Toyota Motor Corp. -Spon ADR 0.00% 40 $8K Reduce -18.4%
COF Capital One Financial Corp. 0.00% 33 $7K No change
CTVA Corteva Inc. 0.00% 100 $7K No change
RDVY First Trust Rising Dividend 0.00% 100 $7K Reduce -8.3%
VFH Vanguard Financials ETF 0.00% 49 $6K No change
NVS Novartis AG-Sponsored ADR 0.00% 49 $6K No change
NOC Northrop Grumman Corp. 0.00% 10 $6K No change
LVS Las Vegas Sands Corp. 0.00% 110 $6K No change
ASML ASML Holding NV-NY Reg SHS 0.00% 6 $6K Reduce -73.9%
CIBR First Trust Nasdaq Cybersecu 0.00% 75 $6K No change
MET Metlife Inc. 0.00% 68 $6K No change
EQT Eqt Corp. 0.00% 102 $6K Reduce -99.4%
AGX Argan Inc. 0.00% 20 $5K New
XLI SS Industrial Select Sector 0.00% 35 $5K No change
EME Emcor Group Inc. 0.00% 8 $5K New
TQQQ Proshares Ultrapro QQQ 0.00% 49 $5K Reduce -23.4%
HEI Heico Corp. 0.00% 15 $5K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.00% 10 $5K No change
ASPN Aspen Aerogels Inc. 0.00% 675 $5K Reduce -57.1%
FEZ State Street SPDR Euro Stoxx 0.00% 75 $5K No change
PODD Insulet Corp. 0.00% 15 $5K No change
ONTO Onto Innovation Inc. 0.00% 35 $5K No change
PRU Prudential Financial Inc. 0.00% 43 $4K New
DIVO Amplify CWP Enhan Divid ETF 0.00% 100 $4K No change
SBUX Starbucks Corp. 0.00% 52 $4K No change
ATO Atmos Energy Corp. 0.00% 25 $4K New
KWEB Kranesh Csi China Internet 0.00% 100 $4K No change
VIRT Virtu Financial Inc. Class A 0.00% 106 $4K Add +0.9%
XLB SS Materials Select Sector 0.00% 41 $4K No change
DELL Dell Technologies -C 0.00% 25 $4K No change
VOOG Vanguard S&P 500 Growth ETF 0.00% 8 $3K No change
ESE Esco Technologies Inc. 0.00% 15 $3K New
MLM Martin Marietta Materials 0.00% 5 $3K No change
IJH iShares Core S&P Midcap ETF 0.00% 47 $3K Add +370.0%
DTE DTE Energy Company 0.00% 21 $3K Reduce -4.5%
CELH Celsius Holdings Inc. 0.00% 50 $3K Reduce -98.7%
VNOM Viper Energy Inc. Class A 0.00% 75 $3K New
RYAAY Ryanair Holdings PLC-SP ADR 0.00% 46 $3K New
INTC Intel Corp. 0.00% 79 $3K No change
PAVE Global X US Infrastructure 0.00% 56 $3K No change
TTE Totalenergies SE -Spon ADR 0.00% 43 $3K No change
AMR Alpha Metallurgical Resource 0.00% 15 $2K No change
CRM Salesforce Inc. 0.00% 10 $2K No change
YOU Clear Secure Inc. Class A 0.00% 70 $2K New
GSK GSK PLC-Spon ADR 0.00% 50 $2K Reduce -78.5%
METV Roundhill Ball Metaverse ETF 0.00% 100 $2K No change
IEO iShares U.S. Oil & Gas Explo 0.00% 22 $2K New
HWKN Hawkins Inc. 0.00% 11 $2K New
CLS Celestica Inc. 0.00% 8 $2K New
FLNC Fluence Energy Inc. 0.00% 180 $2K No change
LW Lamb Weston Holdings Inc. 0.00% 33 $2K No change
CAG Conagra Brands Inc. 0.00% 100 $2K No change
VB Vanguard Most SM-Cap ETF-Usd 0.00% 7 $2K No change
HELO JPMorgan Hedged Equity ETF 0.00% 25 $2K No change
CME Cme Group Inc. 0.00% 6 $2K No change
XLF SS Financial Select Sector 0.00% 30 $2K Add +3.5%
CMG Chipotle Mexican Grill Inc. 0.00% 40 $2K Reduce -81.4%
VYM Vanguard High DVD Yield ETF 0.00% 11 $2K No change
FRPT Freshpet Inc. 0.00% 25 $1K Reduce -95.7%
MSI Motorola Solutions Inc. 0.00% 3 $1K New
GEHC GE Healthcare Technology 0.00% 15 $1K No change
MLI Mueller Industries Inc. 0.00% 10 $1K No change
MNST Monster Beverage Corp. 0.00% 15 $1K No change
ZETA Zeta Global Holdings Corp. Class A 0.00% 50 $994 New
JEPI JPMorgan Equity Premium Inco 0.00% 17 $971 Reduce -99.8%
MPC Marathon Petroleum Corp. 0.00% 5 $964 New
ACHR Archer Aviation Inc. Class A 0.00% 100 $958 New
IJR iShares Core S&P Small-Cap E 0.00% 8 $951 No change
ARKK ARK Innovation ETF 0.00% 10 $863 No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.00% 19 $828 No change
OS Onestream Inc. 0.00% 40 $737 No change
TXN Texas Instruments Inc. 0.00% 4 $735 No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 2 $564 Reduce -99.8%
GME Gamestop Corp. Class A 0.00% 20 $546 No change
TGT Target Corp. 0.00% 5 $449 No change
HPQ HP Inc. 0.00% 14 $381 No change
HPE Hewlett Packard Enterprise 0.00% 14 $344 No change
ABAT American Battery Technology 0.00% 67 $326 No change
SOLV Solventum Corp. 0.00% 4 $292 No change
PENN Penn Entertainment Inc. 0.00% 10 $193 No change
PLBY Playboy Inc. 0.00% 100 $147 No change
LPSN Liveperson Inc. 0.00% 250 $146 New
SHLS Shoals Technologies Group -A 0.00% 10 $74 No change
WBD Warner Bros Discovery Inc. 0.00% 2 $39 No change
HLN Haleon PLC-ADR 0.00% 3 $27 No change
VTRS Viatris Inc. 0.00% 1 $10 No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $4.0M (not counted above)
SecurityClassShares / PrincipalValueChange
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 47,425$3.3MReduce -0.1%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 18,340$697KAdd +53.8%
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: $501.1M.

Portfolio Sells Q2 2025 → Q3 2025

CTAS Cintas Corp. Reduce -80.3% 0.17% −0.89
ISRG Intuitive Surgical Inc. Reduce -11.2% 1.15% −0.58
APO Apollo Global Management Inc. Reduce -37.8% 0.62% −0.55
ARM Arm Holdings PLC-ADR Reduce -96.5% 0.01% −0.51
ARES Ares Management Corp. Class A Reduce -65.0% 0.19% −0.45
NOW ServiceNow Inc. Reduce -42.8% 0.37% −0.42
SE Sea Ltd.-ADR Reduce -97.7% 0.01% −0.42
BEN Franklin Templeton Inc. Reduce -88.2% 0.04% −0.39
MU Micron Technology Inc. Reduce -37.4% 1.03% −0.30
SAP Sap SE-Sponsored ADR Sold out 0.00% −0.28
SLG SL Green Realty Corp. Reduce -92.7% 0.02% −0.26
LLY Eli Lilly & Co. Reduce -0.3% 1.68% −0.21
EQT Eqt Corp. Reduce -99.4% 0.00% −0.21
COST Costco Wholesale Corp. Reduce -0.1% 1.19% −0.21
BRK.B Berkshire Hathaway Inc. Class B Reduce -73.4% 0.06% −0.19
ISPY Proshares S&P High Incom ETF Reduce -64.4% 0.10% −0.18
ADMA Adma Biologics Inc. Sold out 0.00% −0.18
HWM Howmet Aerospace Inc. Reduce -20.8% 0.51% −0.16
PANW Palo Alto Networks Inc. Reduce -2.1% 1.23% −0.16
EQH Equitable Holdings Inc. Sold out 0.00% −0.16
NET Cloudflare Inc. Class A Sold out 0.00% −0.14
TFC Truist Financial Corp. Sold out 0.00% −0.13
SYK Stryker Corp. Reduce -97.1% 0.00% −0.12
FCX Freeport-McMoran Inc. Sold out 0.00% −0.12
ADP Automatic Data Processing Reduce -10.2% 0.40% −0.12
LIN Linde PLC Reduce -0.2% 1.28% −0.11
FANG Diamondback Energy Inc. Reduce -29.4% 0.22% −0.11
PNI PIMCO NY Muni Inc. II FND Sold out 0.00% −0.10
JEPI JPMorgan Equity Premium Inco Reduce -99.8% 0.00% −0.09
MA Mastercard Inc. Class A Reduce -0.5% 0.95% −0.09
SPOT Spotify Technology SA Reduce -80.0% 0.01% −0.08
BWXT BWX Technologies Inc. Sold out 0.00% −0.07
BGX Blackstone Long-Short Credit Reduce -54.3% 0.05% −0.07
NXPI NXP Semiconductors NV Reduce -8.0% 0.47% −0.07
OWL Blue Owl Capital Inc. Sold out 0.00% −0.06
IBM Intl Business Machines Corp. Reduce -99.8% 0.00% −0.06
SHW The Sherwin-Williams Co. Reduce -2.3% 0.47% −0.05
GLPI Gaming and Leisure Propertie Sold out 0.00% −0.05
LYB Lyondellbasell Indu Class A Reduce -39.4% 0.04% −0.05
XPCQX PIMCO California Muni Inc. FD Reduce -71.0% 0.02% −0.04
KEX Kirby Corp. Sold out 0.00% −0.04
UNH Unitedhealth Group Inc. Reduce -4.2% 1.13% −0.04
MDB Mongodb Inc. Sold out 0.00% −0.04
OSW Onespaworld Holdings Ltd. Sold out 0.00% −0.04
CELH Celsius Holdings Inc. Reduce -98.7% 0.00% −0.04
CPNG Coupang Inc. Sold out 0.00% −0.04
CVSA Covista Inc. Sold out 0.00% −0.03
CSX CSX Corp. Reduce -15.6% 0.15% −0.03
FICO Fair Isaac Corp. Sold out 0.00% −0.03
XPNFX PIMCO New York Muni Inc. FD Sold out 0.00% −0.03

Portfolio Buys Q2 2025 → Q3 2025

APP AppLovin Corp. Class A Add +268.2% 0.90% +0.77
IREN Iren Ltd. New 0.70% +0.70
DHI D.R. Horton Inc. Add +268.8% 0.75% +0.58
NVDA Nvidia Corp. Add +0.9% 7.49% +0.57
AAPL Apple Inc. Add +25.4% 1.47% +0.43
AVGO Broadcom Inc. Add +1.1% 4.37% +0.39
NBIS Nebius Group NV New 0.36% +0.36
URI United Rentals Inc. Add +0.8% 2.59% +0.36
ABBV Abbvie Inc. Add +89.6% 0.62% +0.33
ETN Eaton Corp. PLC Add +3937.1% 0.32% +0.31
TSLA Tesla Inc. Add +1.9% 1.28% +0.29
COIN Coinbase Global Inc. Class A Add +190.6% 0.45% +0.27
NFG National Fuel Gas Co. Add +3320.0% 0.27% +0.26
CRWV Coreweave Inc. Class A Add +9489.0% 0.26% +0.26
AMD Advanced Micro Devices Add +45.8% 0.75% +0.25
APLD Applied Digital Corp. New 0.21% +0.21
BAC Bank of America Corp. Add +3644.0% 0.22% +0.21
EAGL Eagle Capital Select Eqty Add +87.0% 0.43% +0.19
AVAV Aerovironment Inc. New 0.18% +0.18
PLTR Palantir Technologies Inc. Class A Add +0.2% 0.96% +0.17
TSM Taiwan Semiconductor-SP ADR Add +0.1% 1.53% +0.17
FSLR First Solar Inc. Add +9.0% 0.58% +0.14
GDX Vaneck Gold Miners ETF New 0.13% +0.13
BMNR Bitmine Immersion Technologi New 0.12% +0.12
BX Blackstone Inc. Add +28.1% 0.44% +0.11
QQQ Invesco QQQ Trust Series 1 Add +11.0% 1.10% +0.10
EBS Emergent Biosolutions Inc. Add +4.8% 0.39% +0.09
HD Home Depot Inc. Add +5.8% 1.55% +0.09
BLK BlackRock Inc. Add +35.6% 0.34% +0.09
GE General Electric Add +0.1% 1.46% +0.09
GLD SPDR Gold Shares Add +8.1% 0.68% +0.09
VRT Vertiv Holdings Co. Class A Add +4.1% 0.85% +0.08
ANET Arista Networks Inc. Add +0.5% 0.35% +0.08
GBAB Guggenheim Taxable Municipal New 0.08% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +10.3% 0.97% +0.07
AZO AutoZone Inc. Add +0.2% 1.44% +0.07
TMO Thermo Fisher Scientific Inc. Add +21.9% 0.28% +0.07
AEM Agnico Eagle Mines Ltd. Add +75.0% 0.12% +0.07
FTI Technipfmc PLC Add +8.4% 0.57% +0.07
RTX RTX Corp. Add +771.6% 0.07% +0.06
IBIT iShares Bitcoin Trust ETF Add +25.0% 0.36% +0.06
ARGX Argenx SE - ADR New 0.06% +0.06
HOOD Robinhood Markets Inc. Class A New 0.06% +0.06
TKO Tko Group Holdings Inc. New 0.05% +0.05
PSX Phillips 66 Add +2014.1% 0.05% +0.05
CVX Chevron Corp. Add +15.5% 0.39% +0.05
SCHW Schwab (charles) Corp. Add +2644.0% 0.05% +0.05
CAT Caterpillar Inc. Add +21.9% 0.17% +0.05
TJX TJX Companies Inc. Add +8.4% 0.34% +0.05
ORCL Oracle Corp. Add +9.1% 0.20% +0.04

Notes & Other Activity Q2 2025 → Q3 2025

APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Reduce -0.1% 47,425 $3.3M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Add +53.8% 18,340 $697K
CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) 6.75DP CNV PFD B Sold out 10,975 $665Kbefore exit

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