Morton Capital Management LLC

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

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%
RS Reliance Inc.	0.04%	865	$233K	New
CAT Caterpillar Inc.	0.04%	640	$232K	No change
PEG Public Service Enterprise GP	0.04%	2,743	$232K	Add +0.0%
ADI Analog Devices Inc.	0.04%	1,062	$226K	No change
DVY iShares Select Dividend ETF	0.04%	1,638	$215K	No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.04%	750	$213K	No change
PM Philip Morris International	0.04%	1,762	$212K	Add +0.5%
CMF iShares California Muni Bond	0.04%	3,581	$205K	Add +1.0%
CARR Carrier Global Corp.	0.04%	2,993	$204K	Add +0.0%
GDOT Green Dot Corp. Class A	0.04%	17,946	$191K	No change
NGD New Gold Inc.	0.01%	31,494	$78K	No change

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