Morse Asset Management, Inc

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Morse Asset Management, Inc reported 388 stock positions worth $495.9 million. Its top holding was Nvidia (NVDA) at 7.5% of the portfolio, followed by Broadcom (AVGO, 4.7%) and Microsoft (MSFT, 4.0%). Compared with Q3 2025, it opened 58 new positions, sold out of 36, added to 118 and reduced 99. The biggest buy was Micron Technology (MU, shares +8%) and the biggest sale Home Depot (HD, shares −45%).

Most Recent 13F
Q2 2026
Location
DARIEN, CT
CIK
0001705711
Portfolio Value
$495.9M (Q4 2025)
SEC Filing
0001705711-26-000002 ↗ filed Feb 3, 2026

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 Q3 2025 Q4 2025: $495.9M $495.9M Q4 2025 Q1 2026: $478.2M Q1 2026 Q2 2026: $600.9M Q2 2026

Holdings 388 stocks · $495.9M

NVDA Nvidia Corp. 7.46% 198,327 $37.0M Reduce -0.6%
AVGO Broadcom Inc. 4.72% 67,619 $23.4M Add +2.6%
MSFT Microsoft Corp. 4.04% 41,406 $20.0M Reduce -3.7%
AMZN Amazon.com Inc. 4.02% 86,361 $19.9M Reduce -4.2%
META Meta Platforms Inc. Class A 4.02% 30,191 $19.9M Reduce -0.7%
GOOGL Alphabet Inc. Class A 3.54% 56,042 $17.5M Reduce -0.5%
EVR Evercore Inc. Class A 2.65% 38,674 $13.2M Add +0.2%
KLAC KLA Corp. 2.23% 9,088 $11.0M Reduce -0.2%
LLY Eli Lilly & Co. 2.20% 10,172 $10.9M Reduce -6.8%
URI United Rentals Inc. 2.18% 13,341 $10.8M Reduce -1.0%
MU Micron Technology Inc. 1.90% 32,949 $9.4M Add +7.7%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 1.80% 153,505 $8.9M Add +1.1%
AAPL Apple Inc. 1.72% 31,335 $8.5M Add +9.3%
TSM Taiwan Semiconductor-SP ADR 1.67% 27,184 $8.3M Reduce -0.0%
GE General Electric filed as GE AEROSPACE 1.50% 24,115 $7.4M Add +0.1%
ISRG Intuitive Surgical Inc. 1.47% 12,912 $7.3M Add +0.6%
GS Goldman Sachs Group Inc. 1.47% 8,288 $7.3M Add +6.4%
QQQ Invesco QQQ Trust Series 1 1.47% 11,827 $7.3M Add +29.6%
BKNG Booking Holdings Inc. 1.46% 1,354 $7.3M Reduce -17.4%
TSLA Tesla Inc. 1.34% 14,785 $6.6M Add +3.5%
NFLX Netflix Inc. 1.22% 64,730 $6.1M Reduce -9.1%
AZO AutoZone Inc. 1.15% 1,678 $5.7M Add +0.6%
COST Costco Wholesale Corp. 1.12% 6,412 $5.5M Add +0.7%
PANW Palo Alto Networks Inc. 1.11% 29,868 $5.5M Reduce -0.4%
XOM Exxon Mobil Corp. 1.04% 42,855 $5.2M Add +40.3%
UNH Unitedhealth Group Inc. 1.02% 15,386 $5.1M Reduce -5.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.01% 7,360 $5.0M Add +1.3%
VRT Vertiv Holdings Co. Class A 0.99% 30,194 $4.9M Add +7.9%
VRTX Vertex Pharmaceuticals Inc. 0.95% 10,423 $4.7M Add +1.1%
PLTR Palantir Technologies Inc. Class A 0.90% 25,031 $4.4M Reduce -3.8%
FSLR First Solar Inc. 0.86% 16,408 $4.3M Add +24.7%
LIN Linde PLC 0.86% 9,973 $4.3M Reduce -25.6%
MA Mastercard Inc. Class A 0.85% 7,364 $4.2M Reduce -11.7%
AMD Advanced Micro Devices 0.81% 18,863 $4.0M Reduce -18.4%
BA The Boeing Co. 0.81% 18,475 $4.0M Reduce -14.2%
JNJ Johnson & Johnson 0.80% 19,224 $4.0M Add +2.4%
ICE Intercontinental Exchange Inc. 0.80% 24,445 $4.0M Reduce -19.1%
VST Vistra Corp. 0.77% 23,693 $3.8M Reduce -4.7%
GLD SPDR Gold Shares 0.77% 9,629 $3.8M Add +1.7%
HD Home Depot Inc. 0.73% 10,536 $3.6M Reduce -44.5%
LRCX Lam Research Corp. 0.73% 21,130 $3.6M Add +3.5%
APO Apollo Global Management Inc. 0.73% 24,909 $3.6M Add +7.1%
ABBV Abbvie Inc. 0.71% 15,325 $3.5M Add +15.5%
PDI PIMCO Dynamic Income Fund 0.69% 194,572 $3.4M Add +0.8%
FTI Technipfmc PLC 0.68% 75,616 $3.4M Add +4.6%
WGS Genedx Holdings Corp. 0.66% 25,219 $3.3M Reduce -8.1%
ALAB Astera Labs Inc. 0.65% 19,396 $3.2M Reduce -30.2%
GEV GE Vernova Inc. 0.61% 4,645 $3.0M Add +25.8%
MRK Merck & Co. Inc. 0.61% 28,581 $3.0M Add +25.5%
IREN Iren Ltd. filed as IREN LIMITED 0.60% 78,877 $3.0M Add +7.1%
EBS Emergent Biosolutions Inc. 0.57% 229,308 $2.8M Add +5.2%
CRWD CrowdStrike Holdings Inc. Class A 0.57% 5,994 $2.8M Add +21.1%
HWM Howmet Aerospace Inc. 0.57% 13,704 $2.8M Add +6.1%
SNOW Snowflake Inc. 0.55% 12,420 $2.7M Add +9.2%
DHI D.R. Horton Inc. 0.48% 16,493 $2.4M Reduce -25.3%
XCHYX Calamos Convert & High Inc. 0.48% 209,507 $2.4M Add +1.1%
APP AppLovin Corp. Class A 0.48% 3,512 $2.4M Reduce -43.9%
SHW The Sherwin-Williams Co. 0.44% 6,752 $2.2M Add +0.1%
EAGL Eagle Capital Select Eqty 0.43% 65,800 $2.1M Reduce -3.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.42% 13,496 $2.1M Add +15.8%
BOXX Alpha Architect 1-3 MNTH Box 0.40% 17,072 $2.0M Add +42.3%
SOXL Direx Dail Semi Bu 3X Et-Usd 0.38% 45,369 $1.9M Reduce -3.0%
MS Morgan Stanley 0.37% 10,283 $1.8M Add +0.5%
TMO Thermo Fisher Scientific Inc. 0.37% 3,125 $1.8M Add +8.7%
BX Blackstone Inc. 0.36% 11,632 $1.8M Reduce -9.7%
CVX Chevron Corp. 0.36% 11,698 $1.8M Reduce -5.9%
NDAQ Nasdaq Inc. 0.36% 18,204 $1.8M Add +64.2%
MMM 3M Co. 0.35% 10,713 $1.7M Add +0.7%
AXP American Express Co. 0.34% 4,580 $1.7M No change
ANET Arista Networks Inc. 0.33% 12,464 $1.6M Add +3.3%
CCJ Cameco Corp. 0.32% 17,234 $1.6M New
JPM JPMorgan Chase & Co. 0.30% 4,588 $1.5M Add +70.7%
AVAV Aerovironment Inc. 0.30% 6,067 $1.5M Add +115.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.29% 26,429 $1.5M Add +26.3%
VIK Viking Holdings Ltd. 0.29% 20,268 $1.4M Reduce -12.6%
IBIT iShares Bitcoin Trust ETF 0.29% 29,080 $1.4M Add +5.8%
ASND Ascendis Pharma A/S 0.28% 6,489 $1.4M New
RACE Ferrari NV 0.27% 3,597 $1.3M Reduce -41.8%
TLT iShares 20+ Year Treasury BD 0.27% 15,093 $1.3M Reduce -12.7%
GILD Gilead Sciences Inc. 0.25% 9,900 $1.2M New
BLK BlackRock Inc. 0.24% 1,111 $1.2M Reduce -23.5%
HOOD Robinhood Markets Inc. Class A 0.24% 10,511 $1.2M Add +421.6%
NVMI Nova Ltd. 0.23% 3,508 $1.2M Reduce -2.8%
PAA Plains All Amer Pipeline LP 0.22% 62,000 $1.1M Add +3.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.22% 9,740 $1.1M Reduce -38.1%
FANG Diamondback Energy Inc. 0.22% 7,290 $1.1M Reduce -5.0%
SARO Standardaero Inc. 0.22% 37,770 $1.1M New
TLN Talen Energy Corp. 0.22% 2,855 $1.1M Reduce -0.3%
CAT Caterpillar Inc. 0.21% 1,843 $1.1M Add +3.3%
SCCO Southern Copper Corp. 0.21% 7,270 $1.0M Reduce -28.9%
KO The Coca-Cola Co. 0.20% 14,470 $1.0M Add +3.4%
NBIS Nebius Group NV 0.19% 11,373 $952K Reduce -29.6%
USD Proshares Ultra Semiconduct 0.19% 17,687 $929K Reduce -0.3%
GDX Vaneck Gold Miners ETF 0.18% 10,414 $893K Add +20.4%
EQT Eqt Corp. 0.18% 16,520 $885K Add +16096.1%
KMI Kinder Morgan Inc. 0.17% 31,330 $861K Reduce -11.3%
NXPI NXP Semiconductors NV 0.17% 3,910 $849K Reduce -61.9%
APLD Applied Digital Corp. 0.16% 33,195 $814K Reduce -28.6%
BRK.B Berkshire Hathaway Inc. Class B 0.16% 1,618 $813K Add +161.8%
PG The Procter & Gamble Co. 0.16% 5,559 $797K Add +6.7%
CSX CSX Corp. 0.16% 21,650 $785K No change
NOW ServiceNow Inc. 0.15% 4,980 $763K Reduce -50.1%
CMI Cummins Inc. 0.15% 1,488 $760K Add +7.1%
AMAT Applied Materials Inc. 0.15% 2,925 $752K Add +10.8%
GBAB Guggenheim Taxable Municipal 0.15% 49,987 $746K Add +105.2%
CRWV Coreweave Inc. Class A 0.15% 10,073 $721K Add +5.0%
CTAS Cintas Corp. 0.15% 3,831 $720K Reduce -9.3%
PIPR Piper Sandler Cos 0.14% 2,040 $693K No change
IWM iShares Russell 2000 ETF 0.14% 2,762 $680K No change
AEM Agnico Eagle Mines Ltd. 0.13% 3,800 $644K Add +8.6%
NEE Nextera Energy Inc. 0.13% 8,000 $642K No change
BMNR Bitmine Immersion Technologi 0.13% 23,528 $639K Add +110.1%
IHG Intercontinental Hotels-ADR 0.13% 4,500 $634K New
CRH CRH PLC 0.13% 4,970 $620K Add +77.8%
REGN Regeneron Pharmaceuticals 0.12% 794 $613K Add +13.1%
PWR Quanta Services Inc. 0.12% 1,365 $576K Add +727.3%
ARGX Argenx SE - ADR 0.11% 660 $555K Add +65.0%
CSCO Cisco Systems Inc. 0.11% 7,090 $546K New
TER Teradyne Inc. 0.11% 2,746 $532K Add +158.6%
RTX RTX Corp. 0.10% 2,773 $509K Add +30.9%
GOOG Alphabet Inc. Class C 0.10% 1,576 $495K Add +44.2%
EFT Eaton Vance Fltng RT Inc. TR 0.09% 41,500 $469K Reduce -15.3%
ROAD Construction Partners Inc. Class A 0.09% 4,055 $440K Add +1589.6%
RKT Rocket Cos Inc. Class A 0.09% 22,400 $434K Add +194.3%
APH Amphenol Corp. Class A 0.09% 3,180 $430K Add +112.0%
JCI Johnson Controls Internation 0.09% 3,558 $426K Add +1279.1%
UNHG Leverage Shares 2X Unh 0.08% 25,035 $420K Add +3733.8%
ISPY Proshares S&P High Incom ETF 0.08% 9,080 $414K Reduce -14.1%
NTRA Natera Inc. 0.08% 1,755 $402K New
CRS Carpenter Technology 0.08% 1,262 $397K Add +4.9%
TKO Tko Group Holdings Inc. 0.08% 1,872 $391K Add +41.3%
AME Ametek Inc. 0.08% 1,900 $390K New
QCOM Qualcomm Inc. 0.07% 2,112 $361K Add +3740.0%
COIN Coinbase Global Inc. Class A 0.07% 1,555 $352K Reduce -76.4%
APAM Artisan Partners Asset Ma -A 0.07% 8,435 $344K No change
VOO Vanguard S&P 500 ETF 0.07% 537 $337K No change
IWF iShares Russell 1000 Growth 0.07% 700 $331K No change
MIDU Dirxn DLY Mid Cap BL 3XE-Usi 0.06% 6,198 $315K Reduce -5.4%
VGT Vanguard Info Tech ETF 0.06% 410 $309K Add +74.5%
LMT Lockheed Martin Corp. 0.06% 630 $305K Add +18.9%
BAM Brookfield Asset Mgmt-A 0.06% 5,677 $297K Add +0.4%
BIP Brookfield Infrastructure Pa 0.06% 8,000 $278K No change
BMY Bristol-Myers Squibb Co. 0.05% 5,000 $270K Reduce -13.8%
BHK BlackRock Core Bond Trust 0.05% 25,868 $248K Add +10.9%
IR Ingersoll-Rand Inc. 0.05% 3,000 $238K No change
MRVL Marvell Technology Inc. 0.05% 2,700 $229K New
SCHW Schwab (charles) Corp. 0.05% 2,263 $226K Reduce -9.4%
PEP Pepsico Inc. 0.05% 1,558 $224K Add +81.6%
V Visa Inc. Class A 0.04% 621 $218K Add +47.5%
AIR Aar Corp. 0.04% 2,403 $199K Add +687.9%
SSO Proshares Ultra S&P500 0.04% 3,230 $187K Reduce -0.3%
AROC Archrock Inc. 0.04% 7,150 $186K New
URTY Proshares Ultrapro RUSS2000 0.04% 3,338 $178K No change
DUK Duke Energy Corp. 0.04% 1,500 $176K No change
EOG EOG Resources Inc. 0.03% 1,628 $171K Reduce -0.4%
LRGF iShares US Equity Factor ETF 0.03% 2,440 $169K Reduce -2.4%
XLV SS Health Care Select Sector 0.03% 1,050 $163K Add +320.0%
IVV iShares Core S&P 500 ETF 0.03% 230 $158K Reduce -4.2%
XPCQX PIMCO California Muni Inc. FD 0.03% 17,235 $150K Add +79.5%
TMF Dir DLY 20+YR TR BL3X ETF-Ui 0.03% 4,000 $149K No change
UBER Uber Technologies Inc. 0.03% 1,811 $148K Reduce -88.5%
XLK SS Technology Select Sector 0.03% 1,000 $144K New
XLY SS Consumer Disc Select Sect 0.03% 1,160 $139K Add +222.2%
NKE Nike Inc. Class B 0.03% 2,061 $131K Reduce -74.4%
ENB Enbridge Inc. 0.03% 2,652 $127K Add +1.9%
C Citigroup Inc. 0.03% 1,072 $125K Add +25.8%
BN Brookfield Corp. 0.03% 2,700 $124K No change
BSV Vanguard Short-Term Bond ETF 0.02% 1,500 $118K New
AMPL Amplitude Inc. Class A 0.02% 10,010 $116K New
ESLT Elbit Systems Ltd. 0.02% 200 $116K No change
KTOS Kratos Defense & Security 0.02% 1,500 $114K New
ADBE Adobe Inc. 0.02% 318 $111K Reduce -3.0%
XLF SS Financial Select Sector 0.02% 2,032 $111K Add +6673.3%
WAT Waters Corp. 0.02% 290 $110K No change
IXN iShares Global Tech ETF 0.02% 1,000 $105K No change
AR Antero Resources Corp. 0.02% 2,875 $99K New
LDOS Leidos Holdings Inc. 0.02% 500 $90K New
IEFA iShares Core MSCI Eafe ETF 0.02% 1,000 $89K New
IWR iShares Russell Mid-Cap ETF 0.02% 920 $89K Reduce -0.1%
ETN Eaton Corp. PLC 0.02% 275 $88K Reduce -93.5%
DUHP Dimensional US High Profi Et 0.02% 2,258 $86K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.02% 2,000 $85K New
WMT Walmart Inc. 0.02% 756 $84K Add +171.0%
TMDX Transmedics Group Inc. 0.02% 686 $83K New
XLI SS Industrial Select Sector 0.02% 535 $83K Add +1428.6%
ADP Automatic Data Processing 0.02% 316 $81K Reduce -95.4%
VTR Ventas Inc. 0.02% 1,050 $81K Add +5.0%
INDA iShares MSCI India ETF 0.02% 1,500 $81K New
PM Philip Morris International 0.02% 500 $80K Reduce -7.2%
BIV Vanguard Intermediate-Term B 0.02% 1,000 $78K New
XLB SS Materials Select Sector 0.02% 1,682 $76K Add +1951.2%
MRSH Marsh & McLennan Cos 0.02% 405 $75K No change
LOW Lowe's Cos Inc. 0.01% 300 $72K New
AIRR First Trust Rba American Ind 0.01% 735 $72K Reduce -0.4%
DXJ Wisdomtree Japan Hedged Eq 0.01% 500 $72K No change
TT Trane Technologies PLC 0.01% 175 $68K Reduce -88.3%
IEMG iShares Core MSCI Emerging 0.01% 1,000 $67K New
AMZU Dire DLY Amzn Bul 2X ETF-Usd 0.01% 1,901 $66K Reduce -2.1%
SHY iShares 1-3 Year Treasury Bo 0.01% 800 $66K Add +561.2%
AMGN Amgen Inc. 0.01% 200 $65K New
FAS Dirx DLY Finacial B3X ETF-Ui 0.01% 388 $65K Add +18.6%
SGOV iShares 0-3 Month Treasury B 0.01% 650 $65K New
WFC Wells Fargo & Co. 0.01% 696 $65K Add +0.1%
TEN Tsakos Energy Navigation Ltd. 0.01% 2,845 $64K Add +255.6%
WM Waste Management Inc. 0.01% 290 $64K Add +625.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.01% 527 $61K Add +14.1%
MCD McDonald's Corp. 0.01% 200 $61K Reduce -42.9%
CECO Ceco Environmental Corp. 0.01% 1,000 $60K No change
CACI Caci International Inc. Class A 0.01% 110 $59K New
BEN Franklin Templeton Inc. 0.01% 2,450 $59K Reduce -74.6%
FDX FedEx Corp. 0.01% 200 $58K New
TOL Toll Brothers Inc. 0.01% 420 $57K Add +5.0%
XLE SS Energy Select Sector 0.01% 1,252 $56K Add +396.8%
DVY iShares Select Dividend ETF 0.01% 389 $55K No change
XLP SS Consumer Staples Sel Sect 0.01% 700 $54K New
PH Parker Hannifin Corp. 0.01% 61 $54K Add +35.6%
EMR Emerson Electric Co. 0.01% 400 $53K No change
PSX Phillips 66 0.01% 400 $52K Reduce -79.4%
SKYY First Trust Cloud Computing 0.01% 391 $51K No change
SOXX iShares Semiconductor ETF 0.01% 167 $50K No change
QUAL iShares MSCI USA Quality Fac 0.01% 241 $48K No change
GLXY Galaxy Digital Inc. Class A 0.01% 2,110 $47K Reduce -34.7%
XLC SS Comm Select Sector SPDR 0.01% 400 $47K New
COHR Coherent Corp. 0.01% 250 $46K New
YUM Yum! Brands Inc. 0.01% 300 $45K No change
IVE iShares S&P 500 Value ETF 0.01% 214 $45K No change
CYBR Cyberark Software Ltd./Israel 0.01% 100 $45K No change
ADMA Adma Biologics Inc. 0.01% 2,430 $44K New
AEP American Electric Power 0.01% 384 $44K No change
DDOG Datadog Inc. Class A 0.01% 325 $44K New
TTWO Take-Two Interactive Softwre 0.01% 163 $42K Add +117.3%
NCLH Norwegian Cruise Line Holdin 0.01% 1,865 $42K Reduce -83.4%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.01% 500 $41K Reduce -76.8%
HLT Hilton Worldwide Holdings Inc. 0.01% 144 $41K Reduce -95.9%
SMLF iShares US Smallcap Equity F 0.01% 550 $41K Reduce -1.3%
Q Qnity Electronics Inc. 0.01% 499 $41K Add +10.9%
FDN First Trust DJ Internet Ind 0.01% 149 $40K No change
IGV iShares Expanded Tech-Softwa 0.01% 373 $39K Add +0.5%
AMP Ameriprise Financial Inc. 0.01% 80 $39K No change
WELL Welltower Inc. 0.01% 211 $39K Add +56.3%
PEN Penumbra Inc. 0.01% 125 $39K New
DD Dupont DE Nemours Inc. 0.01% 900 $36K No change
NPV Nuveen Va QLTY Muni Inc. 0.01% 3,243 $36K Add +12.9%
COKE Coca-Cola Consolidated Inc. 0.01% 200 $31K New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.01% 1,825 $31K New
ORCL Oracle Corp. 0.01% 140 $27K Reduce -96.1%
DBL Doubleline Opport Credit 0.01% 1,783 $27K Add +2.1%
CHAT Roundhill Gen AI & Tech ETF 0.01% 430 $25K No change
SJT San Juan Basin Royalty TR 0.01% 4,400 $25K Add +165.1%
XLRE SS Real Estate Select Sector 0.00% 600 $24K New
KKR KKR & Co. Inc. 0.00% 185 $24K No change
IYW iShares Ustechnology ETF 0.00% 100 $20K No change
HON Honeywell International Inc. 0.00% 100 $20K Reduce -96.4%
ROK Rockwell Automation Inc. 0.00% 50 $19K No change
ARM Arm Holdings PLC-ADR 0.00% 174 $19K Reduce -65.8%
SNPS Synopsys Inc. 0.00% 40 $19K Reduce -97.1%
NSC Norfolk Southern Corp. 0.00% 65 $19K No change
VLY Valley National Bancorp 0.00% 1,600 $19K New
TDG Transdigm Group Inc. 0.00% 14 $19K Add +16.7%
GGLL Direxion Daily Googl Bull 2X 0.00% 182 $18K Reduce -7.6%
SCHG Schwab US Large-Cap Growth 0.00% 475 $15K Reduce -1.0%
ATO Atmos Energy Corp. 0.00% 92 $15K Add +268.0%
TRV The Travelers Cos Inc. 0.00% 53 $15K No change
D Dominion Energy Inc. 0.00% 261 $15K Add +0.4%
SLYV SS SPDR S&P 600 SC Val ETF 0.00% 165 $15K No change
PHM Pultegroup Inc. 0.00% 125 $15K No change
EW Edwards Lifesciences Corp. 0.00% 164 $14K Add +31.2%
VRME Verifyme Inc. 0.00% 22,820 $14K Reduce -0.9%
UNP Union Pacific Corp. 0.00% 59 $14K No change
PFE Pfizer Inc. 0.00% 548 $14K No change
PRU Prudential Financial Inc. 0.00% 118 $13K Add +174.4%
RPG Invesco S&P 500 Pure Growth 0.00% 284 $13K No change
TMHC Taylor Morrison Home Corp. 0.00% 225 $13K No change
SPXL Direxion Daily S&P 500 Bull 0.00% 60 $13K No change
PNC PNC Financial Services Group 0.00% 60 $13K Reduce -36.8%
SPYG SS SPDR P S&P 500 Growth ETF 0.00% 116 $12K No change
RQI Cohen & Steers Qual Inc. RLTY 0.00% 1,025 $12K Add +2.0%
EME Emcor Group Inc. 0.00% 18 $11K Add +125.0%
WMB Williams Cos Inc. 0.00% 179 $11K Add +16.2%
DOV Dover Corp. 0.00% 55 $11K New
VMC Vulcan Materials Co. 0.00% 36 $10K No change
BCS Barclays PLC-Spons ADR 0.00% 400 $10K No change
IEI iShares 3-7 Year Treasury Bo 0.00% 85 $10K No change
SOUN Soundhound AI Inc. Class A 0.00% 1,000 $10K No change
PRIM Primoris Services Corp. 0.00% 80 $10K New
FTAI Ftai Aviation Ltd. 0.00% 50 $10K No change
MPC Marathon Petroleum Corp. 0.00% 60 $10K Add +1100.0%
ON On Semiconductor 0.00% 170 $9K Reduce -98.8%
DLR Digital Realty Trust Inc. 0.00% 58 $9K No change
BP BP PLC-Spons ADR 0.00% 253 $9K No change
MLI Mueller Industries Inc. 0.00% 75 $9K Add +650.0%
TM Toyota Motor Corp. -Spon ADR 0.00% 40 $9K No change
MDB Mongodb Inc. 0.00% 20 $8K New
CIEN Ciena Corp. 0.00% 35 $8K New
SHEL Shell PLC-ADR 0.00% 110 $8K No change
MELI MercadoLibre Inc. 0.00% 4 $8K Reduce -20.0%
COF Capital One Financial Corp. 0.00% 33 $8K No change
ECL Ecolab Inc. 0.00% 30 $8K No change
JBTM JBT Marel Corp. 0.00% 50 $8K New
GSK GSK PLC-Spon ADR 0.00% 150 $7K Add +200.0%
NVR NVR Inc. 0.00% 1 $7K No change
LVS Las Vegas Sands Corp. 0.00% 110 $7K No change
RDVY First Trust Rising Dividend 0.00% 100 $7K No change
NVS Novartis AG-Sponsored ADR 0.00% 49 $7K No change
CTVA Corteva Inc. 0.00% 100 $7K No change
VFH Vanguard Financials ETF 0.00% 49 $7K No change
SXI Standex International Corp. 0.00% 30 $7K New
GHM Graham Corp. 0.00% 100 $6K New
ASML ASML Holding NV-NY Reg SHS 0.00% 6 $6K No change
ONC Beone Medicines Ltd.-ADR 0.00% 20 $6K New
NOC Northrop Grumman Corp. 0.00% 10 $6K No change
TEL Te Connectivity PLC 0.00% 25 $6K New
MARA Mara Holdings Inc. 0.00% 625 $6K New
ONTO Onto Innovation Inc. 0.00% 35 $6K No change
ETHU 2X Ether ETF 0.00% 100 $5K New
MET Metlife Inc. 0.00% 68 $5K No change
CIBR First Trust Nasdaq Cybersecu 0.00% 75 $5K No change
TQQQ Proshares Ultrapro QQQ 0.00% 98 $5K No change
MP MP Materials Corp. 0.00% 100 $5K New
PJT PJT Partners Inc. Class A 0.00% 30 $5K Reduce -93.1%
INCY Incyte Corp. 0.00% 50 $5K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.00% 10 $5K No change
ABT Abbott Laboratories 0.00% 39 $5K Reduce -65.8%
HEI Heico Corp. 0.00% 15 $5K No change
FEZ State Street SPDR Euro Stoxx 0.00% 75 $5K No change
ORA Ormat Technologies Inc. 0.00% 41 $5K New
DIVO Amplify CWP Enhan Divid ETF 0.00% 100 $4K No change
CLS Celestica Inc. 0.00% 15 $4K Add +87.5%
SBUX Starbucks Corp. 0.00% 52 $4K No change
PODD Insulet Corp. 0.00% 15 $4K No change
FCX Freeport-McMoran Inc. 0.00% 75 $4K New
FLNC Fluence Energy Inc. 0.00% 180 $4K No change
VOOG Vanguard S&P 500 Growth ETF 0.00% 8 $4K No change
VIRT Virtu Financial Inc. Class A 0.00% 106 $4K No change
SYK Stryker Corp. 0.00% 10 $4K Reduce -75.6%
KWEB Kranesh Csi China Internet 0.00% 100 $3K No change
MLM Martin Marietta Materials 0.00% 5 $3K No change
IJH iShares Core S&P Midcap ETF 0.00% 47 $3K No change
INTC Intel Corp. 0.00% 79 $3K No change
VNOM Viper Energy Inc. Class A 0.00% 75 $3K No change
TTE Totalenergies SE 0.00% 43 $3K No change
NFG National Fuel Gas Co. 0.00% 35 $3K Reduce -99.8%
AMR Alpha Metallurgical Resource 0.00% 14 $3K Reduce -6.7%
DTE DTE Energy Company 0.00% 21 $3K No change
PAVE Global X US Infrastructure 0.00% 56 $3K No change
CRM Salesforce Inc. 0.00% 10 $3K No change
ALB Albemarle Corp. 0.00% 16 $2K Reduce -94.1%
CEG Constellation Energy 0.00% 6 $2K New
IEO iShares U.S. Oil & Gas Explo 0.00% 22 $2K No change
METV Roundhill Ball Metaverse ETF 0.00% 100 $2K No change
KGS Kodiak Gas Services Inc. 0.00% 50 $2K New
CAG Conagra Brands Inc. 0.00% 100 $2K No change
HELO JPMorgan Hedged Equity ETF 0.00% 25 $2K No change
CME Cme Group Inc. 0.00% 6 $2K No change
IBKR Interactive Brokers Gro Class A 0.00% 25 $2K New
NRG NRG Energy Inc. 0.00% 10 $2K New
AGX Argan Inc. 0.00% 5 $2K Reduce -75.0%
VYM Vanguard High DVD Yield ETF 0.00% 11 $2K No change
FRPT Freshpet Inc. 0.00% 25 $2K No change
CMG Chipotle Mexican Grill Inc. 0.00% 40 $1K No change
CIFR Cipher Digital Inc. 0.00% 100 $1K Reduce -84.8%
LW Lamb Weston Holdings Inc. 0.00% 33 $1K No change
GEHC GE Healthcare Technology 0.00% 15 $1K No change
MNST Monster Beverage Corp. 0.00% 15 $1K No change
ATI Ati Inc. 0.00% 10 $1K New
ZETA Zeta Global Holdings Corp. Class A 0.00% 50 $1K No change
JEPI JPMorgan Equity Premium Inco 0.00% 17 $973 No change
IJR iShares Core S&P Small-Cap E 0.00% 8 $961 No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.00% 19 $825 No change
VB Vanguard Most SM-Cap ETF-Usd 0.00% 3 $774 Reduce -57.1%
ARKK ARK Innovation ETF 0.00% 10 $769 No change
TXN Texas Instruments Inc. 0.00% 4 $694 No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 2 $592 No change
ASPN Aspen Aerogels Inc. 0.00% 175 $495 Reduce -74.1%
TGT Target Corp. 0.00% 5 $489 No change
GME Gamestop Corp. Class A 0.00% 20 $402 No change
IBB iShares Biotechnology ETF 0.00% 2 $338 New
GEO The Geo Group Inc. 0.00% 20 $322 Reduce -99.5%
ABAT American Battery Technology 0.00% 67 $224 No change
PLBY Playboy Inc. 0.00% 100 $188 No change
HPE Hewlett Packard Enterprise 0.00% 7 $168 Reduce -50.0%
SOLV Solventum Corp. 0.00% 2 $158 Reduce -50.0%
HPQ HP Inc. 0.00% 7 $156 Reduce -50.0%
PENN Penn Entertainment Inc. 0.00% 10 $148 No change
SHLS Shoals Technologies Group -A 0.00% 10 $85 No change
LPSN Liveperson Inc. 0.00% 16 $62 Reduce -93.6%
WBD Warner Bros Discovery Inc. 0.00% 2 $58 No change
HLN Haleon PLC-ADR 0.00% 1 $10 Reduce -66.7%
Other holdings (3): bonds, preferreds, convertibles and warrants · $4.4M (not counted above)
SecurityClassShares / PrincipalValueChange
APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV 47,725$3.6MAdd +0.6%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 14,275$843KReduce -22.2%
GME.WS Gamestop Corp. *W EXP 10/30/202 2$6No change
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: $500.3M.

Portfolio Sells Q3 2025 → Q4 2025

HD Home Depot Inc. Reduce -44.5% 0.73% −0.82
NFLX Netflix Inc. Reduce -9.1% 1.22% −0.49
META Meta Platforms Inc. Class A Reduce -0.7% 4.02% −0.47
ALAB Astera Labs Inc. Reduce -30.2% 0.65% −0.44
MSFT Microsoft Corp. Reduce -3.7% 4.04% −0.44
APP AppLovin Corp. Class A Reduce -43.9% 0.48% −0.43
LIN Linde PLC Reduce -25.6% 0.86% −0.42
URI United Rentals Inc. Reduce -1.0% 2.18% −0.41
ADP Automatic Data Processing Reduce -95.4% 0.02% −0.39
COIN Coinbase Global Inc. Class A Reduce -76.4% 0.07% −0.38
RACE Ferrari NV Reduce -41.8% 0.27% −0.33
BKNG Booking Holdings Inc. Reduce -17.4% 1.46% −0.32
ETN Eaton Corp. PLC Reduce -93.5% 0.02% −0.30
NXPI NXP Semiconductors NV Reduce -61.9% 0.17% −0.30
LNG Cheniere Energy Inc. Sold out 0.00% −0.28
UBER Uber Technologies Inc. Reduce -88.5% 0.03% −0.28
DHI D.R. Horton Inc. Reduce -25.3% 0.48% −0.27
NFG National Fuel Gas Co. Reduce -99.8% 0.00% −0.27
ICE Intercontinental Exchange Inc. Reduce -19.1% 0.80% −0.23
NOW ServiceNow Inc. Reduce -50.1% 0.15% −0.22
VST Vistra Corp. Reduce -4.7% 0.77% −0.21
ORCL Oracle Corp. Reduce -96.1% 0.01% −0.20
ARES Ares Management Corp. Class A Sold out 0.00% −0.19
HLT Hilton Worldwide Holdings Inc. Reduce -95.9% 0.01% −0.17
NBIS Nebius Group NV Reduce -29.6% 0.19% −0.17
DIS The Walt Disney Co. Reduce -38.1% 0.22% −0.14
ON On Semiconductor Reduce -98.8% 0.00% −0.14
SNPS Synopsys Inc. Reduce -97.1% 0.00% −0.13
BA The Boeing Co. Reduce -14.2% 0.81% −0.13
PANW Palo Alto Networks Inc. Reduce -0.4% 1.11% −0.12
HON Honeywell International Inc. Reduce -96.4% 0.00% −0.11
TT Trane Technologies PLC Reduce -88.3% 0.01% −0.11
UNH Unitedhealth Group Inc. Reduce -5.5% 1.02% −0.11
MA Mastercard Inc. Class A Reduce -11.7% 0.85% −0.11
BLK BlackRock Inc. Reduce -23.5% 0.24% −0.10
CL Colgate-Palmolive Co. Sold out 0.00% −0.10
NKE Nike Inc. Class B Reduce -74.4% 0.03% −0.09
BX Blackstone Inc. Reduce -9.7% 0.36% −0.08
PLTR Palantir Technologies Inc. Class A Reduce -3.8% 0.90% −0.06
APLD Applied Digital Corp. Reduce -28.6% 0.16% −0.05
BGX Blackstone Long-Short Credit Sold out 0.00% −0.05
NCLH Norwegian Cruise Line Holdin Reduce -83.4% 0.01% −0.05
TLT iShares 20+ Year Treasury BD Reduce -12.7% 0.27% −0.05
PSX Phillips 66 Reduce -79.4% 0.01% −0.04
SEI Solaris Energy Infrastructur Sold out 0.00% −0.04
LYB Lyondellbasell Indu Class A Sold out 0.00% −0.04
SCCO Southern Copper Corp. Reduce -28.9% 0.21% −0.04
IRM Iron Mountain Inc. Reduce -76.8% 0.01% −0.04
BEN Franklin Templeton Inc. Reduce -74.6% 0.01% −0.03
VEEV Veeva Systems Inc. Class A Sold out 0.00% −0.03

Portfolio Buys Q3 2025 → Q4 2025

MU Micron Technology Inc. Add +7.7% 1.90% +0.87
QQQ Invesco QQQ Trust Series 1 Add +29.6% 1.47% +0.36
AVGO Broadcom Inc. Add +2.6% 4.72% +0.35
XOM Exxon Mobil Corp. Add +40.3% 1.04% +0.35
ISRG Intuitive Surgical Inc. Add +0.6% 1.47% +0.32
CCJ Cameco Corp. New 0.32% +0.32
FSLR First Solar Inc. Add +24.7% 0.86% +0.28
ASND Ascendis Pharma A/S New 0.28% +0.28
AAPL Apple Inc. Add +9.3% 1.72% +0.25
GILD Gilead Sciences Inc. New 0.25% +0.25
MRK Merck & Co. Inc. Add +25.5% 0.61% +0.22
GS Goldman Sachs Group Inc. Add +6.4% 1.47% +0.22
SARO Standardaero Inc. New 0.22% +0.22
EBS Emergent Biosolutions Inc. Add +5.2% 0.57% +0.18
HOOD Robinhood Markets Inc. Class A Add +421.6% 0.24% +0.18
LRCX Lam Research Corp. Add +3.5% 0.73% +0.18
EQT Eqt Corp. Add +16096.1% 0.18% +0.18
NDAQ Nasdaq Inc. Add +64.2% 0.36% +0.16
GEV GE Vernova Inc. Add +25.8% 0.61% +0.16
VRTX Vertex Pharmaceuticals Inc. Add +1.1% 0.95% +0.14
VRT Vertiv Holdings Co. Class A Add +7.9% 0.99% +0.14
IHG Intercontinental Hotels-ADR New 0.13% +0.13
JPM JPMorgan Chase & Co. Add +70.7% 0.30% +0.13
BOXX Alpha Architect 1-3 MNTH Box Add +42.3% 0.40% +0.12
AVAV Aerovironment Inc. Add +115.5% 0.30% +0.12
CSCO Cisco Systems Inc. New 0.11% +0.11
FTI Technipfmc PLC Add +4.6% 0.68% +0.11
APO Apollo Global Management Inc. Add +7.1% 0.73% +0.10
PWR Quanta Services Inc. Add +727.3% 0.12% +0.10
JNJ Johnson & Johnson Add +2.4% 0.80% +0.10
BRK.B Berkshire Hathaway Inc. Class B Add +161.8% 0.16% +0.10
GLD SPDR Gold Shares Add +1.7% 0.77% +0.09
ABBV Abbvie Inc. Add +15.5% 0.71% +0.09
TMO Thermo Fisher Scientific Inc. Add +8.7% 0.37% +0.08
ROAD Construction Partners Inc. Class A Add +1589.6% 0.09% +0.08
UNHG Leverage Shares 2X Unh Add +3733.8% 0.08% +0.08
NTRA Natera Inc. New 0.08% +0.08
JCI Johnson Controls Internation Add +1279.1% 0.09% +0.08
TJX TJX Companies Inc. Add +15.8% 0.42% +0.08
AME Ametek Inc. New 0.08% +0.08
CRWD CrowdStrike Holdings Inc. Class A Add +21.1% 0.57% +0.08
TER Teradyne Inc. Add +158.6% 0.11% +0.08
BAC Bank of America Corp. Add +26.3% 0.29% +0.08
GBAB Guggenheim Taxable Municipal Add +105.2% 0.15% +0.07
QCOM Qualcomm Inc. Add +3740.0% 0.07% +0.07
TSLA Tesla Inc. Add +3.5% 1.34% +0.06
RKT Rocket Cos Inc. Class A Add +194.3% 0.09% +0.06
CRH CRH PLC Add +77.8% 0.13% +0.06
HWM Howmet Aerospace Inc. Add +6.1% 0.57% +0.06
ARGX Argenx SE - ADR Add +65.0% 0.11% +0.05

Notes & Other Activity Q3 2025 → Q4 2025

APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) SER A MAND CNV Add +0.6% 47,725 $3.6M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -22.2% 14,275 $843K

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