Morton Capital Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 15, 2025), Morton Capital Management LLC reported 111 stock positions worth $530.0 million. Its top holding was Vaneck Merk Gold ETF (OUNZ) at 20.4% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 14.3%) and Dimensional World Ex US Core (DFAX, 9.6%). Compared with Q3 2024, it opened 5 new positions, sold out of 5, added to 52 and reduced 30. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +25%) and the biggest sale Vaneck Merk Gold ETF (OUNZ, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- CALABASAS, CA
- CIK
- 0002002628
- Portfolio Value
- $530.0M (Q4 2024)
- SEC Filing
- 0001085146-25-000223 ↗ filed Jan 15, 2025
Holdings Value
Holdings 111 stocks · $530.0M
| OUNZ Vaneck Merk Gold ETF | 20.37% | 4,267,174 | $108.0M | Reduce -2.9% |
| USFR Wisdomtree Floating Rate Tre | 14.26% | 1,502,290 | $75.6M | Add +25.3% |
| DFAX Dimensional World Ex US Core | 9.56% | 2,038,129 | $50.7M | Reduce -2.1% |
| FLXR TCW Flexible Income ETF | 9.05% | 1,239,732 | $48.0M | Add +2.1% |
| DFAC Dimensional US Core Equity 2 | 7.95% | 1,218,070 | $42.1M | Add +2.2% |
| TRUST FOR PROFESSIONAL MANAG | 5.78% | 1,481,936 | $30.6M | Reduce -10.8% |
| HAP Vaneck Natural Resources ETF | 3.72% | 432,039 | $19.7M | Add +122.5% |
| MSFT Microsoft Corp. | 3.30% | 41,438 | $17.5M | Reduce -0.8% |
| AAPL Apple Inc. | 3.05% | 64,498 | $16.2M | Reduce -3.0% |
| IAU iShares Gold Trust | 1.94% | 207,348 | $10.3M | Add +3.3% |
| IWD iShares Russell 1000 Value E | 1.50% | 42,818 | $7.9M | Add +15.4% |
| DFAU Dimensional US Core Equity M | 1.18% | 154,597 | $6.3M | Reduce -5.6% |
| VIG Vanguard Dividend Apprec ETF | 0.94% | 25,351 | $5.0M | Add +0.0% |
| PID Invesco International Divide | 0.91% | 263,108 | $4.8M | Add +140.2% |
| AMZN Amazon.com Inc. | 0.76% | 18,474 | $4.1M | Reduce -1.3% |
| DCOR Dimensional US Core Eq 1 ETF | 0.69% | 57,186 | $3.7M | Add +10.1% |
| JPM JPMorgan Chase & Co. | 0.52% | 11,574 | $2.8M | Add +0.0% |
| GDX Vaneck Gold Miners ETF | 0.52% | 81,798 | $2.8M | Add +16.9% |
| NVDA Nvidia Corp. | 0.52% | 20,430 | $2.7M | Reduce -10.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.50% | 4,491 | $2.6M | Add +3.6% |
| SKX Skechers USA Inc. Class A | 0.43% | 34,275 | $2.3M | New |
| GOOGL Alphabet Inc. Class A | 0.43% | 12,120 | $2.3M | Add +3.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.43% | 4,435 | $2.3M | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 0.43% | 4,203 | $2.3M | Add +99.8% |
| GOOG Alphabet Inc. Class C | 0.37% | 10,217 | $1.9M | Reduce -1.7% |
| CSCO Cisco Systems Inc. | 0.32% | 28,211 | $1.7M | Reduce -6.7% |
| ABBV Abbvie Inc. | 0.31% | 9,355 | $1.7M | Add +1.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 23,271 | $1.6M | Add +1.2% |
| IWB iShares Russell 1000 ETF | 0.31% | 5,035 | $1.6M | Reduce -0.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.30% | 3,771 | $1.6M | No change |
| IVV iShares Core S&P 500 ETF | 0.30% | 2,718 | $1.6M | Add +14.0% |
| ORCL Oracle Corp. | 0.29% | 9,372 | $1.6M | Reduce -3.1% |
| IWF iShares Russell 1000 Growth | 0.29% | 3,830 | $1.5M | Reduce -1.0% |
| AMGN Amgen Inc. | 0.29% | 5,880 | $1.5M | Reduce -0.5% |
| NTSX Wisdomtree US Efficient Core | 0.29% | 32,637 | $1.5M | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.27% | 2,411 | $1.4M | Add +2.7% |
| GLD SPDR Gold Shares | 0.27% | 5,819 | $1.4M | Add +58.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 4,751 | $1.4M | Add +15.0% |
| HD Home Depot Inc. | 0.25% | 3,466 | $1.3M | Add +0.2% |
| HON Honeywell International Inc. | 0.25% | 5,776 | $1.3M | Reduce -4.2% |
| PG The Procter & Gamble Co. | 0.24% | 7,515 | $1.3M | Reduce -7.4% |
| COST Costco Wholesale Corp. | 0.22% | 1,288 | $1.2M | Reduce -0.9% |
| V Visa Inc. Class A | 0.22% | 3,662 | $1.2M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.22% | 10,659 | $1.1M | Reduce -0.6% |
| KMI Kinder Morgan Inc. | 0.19% | 37,604 | $1.0M | Add +1.4% |
| VYM Vanguard High DVD Yield ETF | 0.19% | 7,918 | $1.0M | Add +0.0% |
| AVGO Broadcom Inc. | 0.18% | 4,179 | $969K | Add +1.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.18% | 3,445 | $929K | No change |
| TSLA Tesla Inc. | 0.17% | 2,249 | $908K | Add +3.3% |
| ET Energy Transfer LP | 0.17% | 45,789 | $897K | Add +1.5% |
| DFAE Dimensional Emerging Core Eq | 0.17% | 34,955 | $887K | Reduce -3.3% |
| JNJ Johnson & Johnson | 0.16% | 5,924 | $857K | Add +0.0% |
| OKE Oneok Inc. | 0.14% | 7,313 | $734K | Add +1.4% |
| MRK Merck & Co. Inc. | 0.14% | 7,359 | $732K | Reduce -0.1% |
| EPD Enterprise Products Partners | 0.13% | 22,686 | $711K | Add +1.0% |
| RSP Invesco S&P 500 Equal Weight | 0.12% | 3,752 | $657K | Reduce -8.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.12% | 5,813 | $647K | Add +2.2% |
| TXN Texas Instruments Inc. | 0.12% | 3,450 | $647K | No change |
| MLPA Global X MLP ETF | 0.12% | 12,626 | $624K | No change |
| WM Waste Management Inc. | 0.12% | 3,088 | $623K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.12% | 1,517 | $623K | No change |
| SBUX Starbucks Corp. | 0.12% | 6,771 | $618K | Add +144.6% |
| BITB Bitwise Bitcoin ETF | 0.11% | 11,275 | $573K | Add +31.6% |
| LLY Eli Lilly & Co. | 0.10% | 720 | $556K | No change |
| EMC GLB X Emrg MRKT GRT Cnsumr | 0.10% | 21,138 | $551K | Reduce -5.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.10% | 12,407 | $545K | Add +0.1% |
| VWO Vanguard Ftse Emerging Marke | 0.10% | 11,765 | $518K | Add +1.1% |
| CVX Chevron Corp. | 0.10% | 3,552 | $515K | Add +0.1% |
| NTSI Wisdomtree International Eff | 0.09% | 13,618 | $478K | Reduce -19.0% |
| IVW iShares S&P 500 Growth ETF | 0.09% | 4,710 | $478K | No change |
| SCHX Schwab US Large-Cap ETF | 0.09% | 20,121 | $466K | Reduce -5.0% |
| BX Blackstone Inc. | 0.09% | 2,663 | $459K | Add +0.5% |
| SCZ iShares MSCI Eafe Small-Cap | 0.09% | 7,461 | $453K | Add +2.0% |
| GNR State Street SPDR S&P Global | 0.08% | 8,968 | $446K | New |
| RTX RTX Corp. | 0.08% | 3,853 | $446K | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 1,937 | $426K | Add +3.8% |
| EEM iShares MSCI Emerging Market | 0.08% | 9,941 | $416K | Reduce -8.6% |
| MA Mastercard Inc. Class A | 0.08% | 776 | $409K | No change |
| IJH iShares Core S&P Midcap ETF | 0.07% | 6,127 | $382K | Add +0.1% |
| XGDVX Gabelli Dividend & Income TR | 0.06% | 14,128 | $341K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.06% | 1,283 | $339K | No change |
| GBIL Goldman Sachs Access Treasur | 0.06% | 3,264 | $326K | Reduce -0.3% |
| QCOM Qualcomm Inc. | 0.06% | 2,060 | $316K | Add +0.1% |
| EBAY eBay Inc. | 0.06% | 5,039 | $312K | Add +0.4% |
| GRMN Garmin Ltd. | 0.06% | 1,500 | $309K | No change |
| EFA iShares MSCI Eafe ETF | 0.06% | 3,968 | $300K | No change |
| BA The Boeing Co. | 0.06% | 1,651 | $292K | Add +0.6% |
| VEA Vanguard Ftse Developed ETF | 0.05% | 5,985 | $286K | Add +0.1% |
| GS Goldman Sachs Group Inc. | 0.05% | 477 | $273K | Reduce -0.6% |
| NFLX Netflix Inc. | 0.05% | 295 | $263K | New |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.05% | 758 | $260K | No change |
| UNP Union Pacific Corp. | 0.05% | 1,140 | $260K | Reduce -8.1% |
| IJR iShares Core S&P Small-Cap E | 0.05% | 2,236 | $258K | Add +0.2% |
| VGT Vanguard Info Tech ETF | 0.05% | 410 | $255K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.05% | 1,491 | $252K | No change |
| NTAP Netapp Inc. | 0.05% | 2,128 | $247K | No change |
| INVH Invitation Homes Inc. | 0.05% | 7,609 | $243K | No change |
| ABT Abbott Laboratories | 0.04% | 2,087 | $236K | Reduce -7.0% |
| SLV iShares Silver Trust | 0.04% | 8,944 | $235K | New |
| QUAL iShares MSCI USA Quality Fac | 0.04% | 1,308 | $233K | Add +0.1% |
Options reported separately and not counted above: SPY puts ($586K).
Portfolio Sells Q3 2024 → Q4 2024
| OUNZ Vaneck Merk Gold ETF | Reduce -2.9% | 20.37% | −1.59 |
| DFAX Dimensional World Ex US Core | Reduce -2.1% | 9.56% | −1.51 |
| TRUST FOR PROFESSIONAL MANAG | Reduce -10.8% | 5.78% | −1.26 |
| MSFT Microsoft Corp. | Reduce -0.8% | 3.30% | −0.24 |
| DFAU Dimensional US Core Equity M | Reduce -5.6% | 1.18% | −0.10 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.09 |
| AMGN Amgen Inc. | Reduce -0.5% | 0.29% | −0.09 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.04 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.04 |
| NTSI Wisdomtree International Eff | Reduce -19.0% | 0.09% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -7.4% | 0.24% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -0.6% | 0.22% | −0.03 |
| NVDA Nvidia Corp. | Reduce -10.9% | 0.52% | −0.03 |
| ORCL Oracle Corp. | Reduce -3.1% | 0.29% | −0.03 |
| DFAE Dimensional Emerging Core Eq | Reduce -3.3% | 0.17% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.1% | 0.14% | −0.03 |
| RSP Invesco S&P 500 Equal Weight | Reduce -8.4% | 0.12% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -8.6% | 0.08% | −0.02 |
| EMC GLB X Emrg MRKT GRT Cnsumr | Reduce -5.6% | 0.10% | −0.02 |
| UNP Union Pacific Corp. | Reduce -8.1% | 0.05% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -0.6% | 0.31% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -5.0% | 0.09% | −0.01 |
| ABT Abbott Laboratories | Reduce -7.0% | 0.04% | −0.01 |
| GRAYSCALE ETHEREUM MINI TR E | Sold out | 0.00% | −0.00 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.22% | −0.00 |
| MOVANO INC | Sold out | 0.00% | −0.00 |
| GBIL Goldman Sachs Access Treasur | Reduce -0.3% | 0.06% | −0.00 |
| AAPL Apple Inc. | Reduce -3.0% | 3.05% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -6.7% | 0.32% | −0.00 |
| HON Honeywell International Inc. | Reduce -4.2% | 0.25% | +0.00 |
| IWF iShares Russell 1000 Growth | Reduce -1.0% | 0.29% | +0.00 |
| GS Goldman Sachs Group Inc. | Reduce -0.6% | 0.05% | +0.00 |
| V Visa Inc. Class A | Reduce -0.1% | 0.22% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -1.7% | 0.37% | +0.03 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 0.76% | +0.08 |
Portfolio Buys Q3 2024 → Q4 2024
| USFR Wisdomtree Floating Rate Tre | Add +25.3% | 14.26% | +2.41 |
| HAP Vaneck Natural Resources ETF | Add +122.5% | 3.72% | +1.70 |
| PID Invesco International Divide | Add +140.2% | 0.91% | +0.48 |
| SKX Skechers USA Inc. Class A | New | 0.43% | +0.43 |
| VOO Vanguard S&P 500 ETF | Add +99.8% | 0.43% | +0.21 |
| IWD iShares Russell 1000 Value E | Add +15.4% | 1.50% | +0.11 |
| GLD SPDR Gold Shares | Add +58.2% | 0.27% | +0.09 |
| GNR State Street SPDR S&P Global | New | 0.08% | +0.08 |
| SBUX Starbucks Corp. | Add +144.6% | 0.12% | +0.06 |
| TSLA Tesla Inc. | Add +3.3% | 0.17% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +3.9% | 0.43% | +0.05 |
| BITB Bitwise Bitcoin ETF | Add +31.6% | 0.11% | +0.05 |
| NFLX Netflix Inc. | New | 0.05% | +0.05 |
| DCOR Dimensional US Core Eq 1 ETF | Add +10.1% | 0.69% | +0.04 |
| SLV iShares Silver Trust | New | 0.04% | +0.04 |
| RS Reliance Inc. | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +1.7% | 0.18% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 0.52% | +0.04 |
| KMI Kinder Morgan Inc. | Add +1.4% | 0.19% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +14.0% | 0.30% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +15.0% | 0.26% | +0.03 |
| ET Energy Transfer LP | Add +1.5% | 0.17% | +0.03 |
| DIS The Walt Disney Co. | Add +2.2% | 0.12% | +0.01 |
| OKE Oneok Inc. | Add +1.4% | 0.14% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.6% | 0.50% | +0.01 |
| BX Blackstone Inc. | Add +0.5% | 0.09% | +0.01 |
| BAC Bank of America Corp. | Add +0.1% | 0.10% | +0.01 |
| BA The Boeing Co. | Add +0.6% | 0.06% | +0.01 |
| EPD Enterprise Products Partners | Add +1.0% | 0.13% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.1% | 0.43% | +0.00 |
| META Meta Platforms Inc. Class A | Add +2.7% | 0.27% | +0.00 |
| IBM Intl Business Machines Corp. | Add +3.8% | 0.08% | −0.00 |
| CMF iShares California Muni Bond | Add +1.0% | 0.04% | −0.00 |
| PM Philip Morris International | Add +0.5% | 0.04% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +0.1% | 0.04% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.2% | 0.05% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 0.07% | −0.00 |
| PEG Public Service Enterprise GP | Add +0.0% | 0.04% | −0.00 |
| EBAY eBay Inc. | Add +0.4% | 0.06% | −0.01 |
| CVX Chevron Corp. | Add +0.1% | 0.10% | −0.01 |
| RTX RTX Corp. | Add +0.1% | 0.08% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Add +0.1% | 0.05% | −0.01 |
| CARR Carrier Global Corp. | Add +0.0% | 0.04% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Add +0.0% | 0.19% | −0.01 |
| QCOM Qualcomm Inc. | Add +0.1% | 0.06% | −0.01 |
| SCZ iShares MSCI Eafe Small-Cap | Add +2.0% | 0.09% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +1.1% | 0.10% | −0.01 |
| NTSX Wisdomtree US Efficient Core | Add +0.4% | 0.29% | −0.01 |
| HD Home Depot Inc. | Add +0.2% | 0.25% | −0.02 |
| GDX Vaneck Gold Miners ETF | Add +16.9% | 0.52% | −0.03 |
Options Activity Q3 2024 → Q4 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 1,000 | $586K |
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 | 160 | $731.3M | OUNZ, DFAX, USFR, FLXR, DFAC |
| Q1 2026 | 138 | $672.2M | OUNZ, USFR, DFAX, FLXR, DFAC |
| Q4 2025 | 134 | $651.2M | OUNZ, USFR, DFAX, FLXR, DFAC |
| Q3 2025 | 131 | $609.4M | OUNZ, USFR, DFAX, FLXR, DFAC |
| Q2 2025 | 126 | $564.0M | OUNZ, USFR, DFAX, FLXR, DFAC |
| Q1 2025 | 111 | $517.6M | OUNZ, USFR, DFAX, FLXR, DFAC |
| Q4 2024 | 111 | $530.0M | OUNZ, USFR, DFAX, FLXR, DFAC |
| Q3 2024 | 111 | $508.0M | OUNZ, USFR, DFAX, FLXR, DFAC |
| Q2 2024 | 99 | $421.2M | OUNZ, DFAX, FLXR, DFAC, TRUST FOR PROFESSIONAL MANAG |
| Q1 2024 | 106 | $370.4M | OUNZ, DFAX, DFAC, TRUST FOR PROFESSIONAL MANAG, MSFT |