Morton Capital Management LLC

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

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 21, 2026), Morton Capital Management LLC reported 138 stock positions worth $672.2 million. Its top holding was Vaneck Merk Gold ETF (OUNZ) at 23.0% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 12.6%) and Dimensional World Ex US Core (DFAX, 12.1%). Compared with Q4 2025, it opened 13 new positions, sold out of 9, added to 68 and reduced 37. The biggest buy was TCW Flexible Income ETF (FLXR, shares +11%) and the biggest sale Vaneck Merk Gold ETF (OUNZ, shares −6%).

Most Recent 13F: Q2 2026
Location: CALABASAS, CA
CIK: 0002002628
Portfolio Value: $672.2M (Q1 2026)
SEC Filing: 0002002628-26-000002 ↗ filed Apr 21, 2026

Holdings Value

Holdings 138 stocks · $672.2M


OUNZ Vaneck Merk Gold ETF	23.01%	3,433,212	$154.7M	Reduce -6.5%
USFR Wisdomtree Floating Rate Tre	12.56%	1,677,866	$84.5M	Add +1.2%
DFAX Dimensional World Ex US Core	12.09%	2,391,645	$81.2M	Add +4.7%
FLXR TCW Flexible Income ETF	10.63%	1,820,059	$71.5M	Add +11.2%
DFAC Dimensional US Core Equity 2	8.71%	1,507,348	$58.6M	Add +6.2%
HAP Vaneck Natural Resources ETF	4.10%	380,245	$27.6M	Reduce -3.5%
AAPL Apple Inc.	2.18%	57,848	$14.7M	Add +5.5%
MSFT Microsoft Corp.	2.13%	38,611	$14.3M	Add +0.9%
IAU iShares Gold Trust	1.99%	151,645	$13.4M	Reduce -6.6%
DCOR Dimensional US Core Eq 1 ETF	1.66%	154,556	$11.1M	Add +11.0%
IWD iShares Russell 1000 Value E	1.50%	47,316	$10.1M	Reduce -4.3%
SPY SS SPDR S&P 500 ETF Trust-US	1.06%	10,950	$7.1M	Add +13.1%
DFAU Dimensional US Core Equity M	1.00%	149,254	$6.7M	Reduce -4.1%
GDX Vaneck Gold Miners ETF	0.85%	62,040	$5.7M	Reduce -9.1%
PID Invesco International Divide	0.81%	243,871	$5.4M	Reduce -0.6%
VIG Vanguard Dividend Apprec ETF	0.74%	23,056	$5.0M	Reduce -0.6%
QQQ Invesco QQQ Trust Series 1	0.63%	7,363	$4.2M	Add +4.9%
AMZN Amazon.com Inc.	0.60%	19,365	$4.0M	Reduce -0.7%
GOOGL Alphabet Inc. Class A	0.51%	11,874	$3.4M	Reduce -2.2%
PG The Procter & Gamble Co.	0.50%	23,093	$3.3M	Add +5.0%
JPM JPMorgan Chase & Co.	0.47%	10,818	$3.2M	Reduce -4.9%
NVDA Nvidia Corp.	0.46%	17,588	$3.1M	Add +3.6%
IEFA iShares Core MSCI Eafe ETF	0.42%	31,306	$2.8M	Add +17.9%
GOOG Alphabet Inc. Class C	0.36%	8,550	$2.5M	Reduce -10.6%
AMGN Amgen Inc.	0.34%	6,483	$2.3M	Add +8.4%
IVV iShares Core S&P 500 ETF	0.32%	3,286	$2.1M	Add +11.0%
ABBV Abbvie Inc.	0.31%	9,562	$2.1M	Add +1.4%
IWF iShares Russell 1000 Growth	0.30%	4,736	$2.0M	No change
CSCO Cisco Systems Inc.	0.30%	25,890	$2.0M	Add +1.1%
VTI VG Morningstar TS MKT ETF-US	0.29%	6,061	$1.9M	Add +8.0%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND	0.27%	3,929	$1.8M	Add +4.6%
NTSX Wisdomtree US Efficient Core	0.26%	33,058	$1.7M	Add +0.3%
XOM Exxon Mobil Corp.	0.25%	10,063	$1.7M	Add +7.2%
IWB iShares Russell 1000 ETF	0.25%	4,730	$1.7M	No change
VOO Vanguard S&P 500 ETF	0.24%	2,721	$1.6M	Reduce -0.3%
META Meta Platforms Inc. Class A	0.22%	2,550	$1.5M	Reduce -17.5%
VYM Vanguard High DVD Yield ETF	0.21%	9,740	$1.4M	Add +5.2%
IVW iShares S&P 500 Growth ETF	0.21%	12,607	$1.4M	No change
AVGO Broadcom Inc.	0.21%	4,585	$1.4M	Add +4.6%
LLY Eli Lilly & Co.	0.20%	1,477	$1.4M	Add +91.6%
JNJ Johnson & Johnson	0.20%	5,490	$1.3M	Add +16.0%
HON Honeywell International Inc.	0.20%	5,909	$1.3M	Reduce -0.4%
GLD SPDR Gold Shares	0.19%	3,016	$1.3M	Add +17.3%
ORCL Oracle Corp.	0.18%	8,353	$1.2M	Add +1.5%
KMI Kinder Morgan Inc.	0.18%	36,357	$1.2M	Add +0.7%
V Visa Inc. Class A	0.18%	3,928	$1.2M	Add +4.1%
HD Home Depot Inc.	0.16%	3,353	$1.1M	Reduce -4.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.15%	3,445	$1.0M	No change
COST Costco Wholesale Corp.	0.14%	964	$961K	Reduce -14.4%
ET Energy Transfer LP	0.14%	49,267	$951K	Add +1.4%
EPD Enterprise Products Partners	0.14%	24,194	$915K	Add +1.9%
RTX RTX Corp.	0.13%	4,527	$873K	Add +19.9%
MRK Merck & Co. Inc.	0.12%	6,933	$834K	Reduce -4.2%
CVX Chevron Corp.	0.12%	4,015	$831K	Add +34.9%
WM Waste Management Inc.	0.12%	3,493	$803K	Add +2.1%
RSP Invesco S&P 500 Equal Weight	0.12%	4,090	$785K	No change
DFAE Dimensional Emerging Core Eq	0.11%	22,251	$753K	Reduce -7.7%
SLV iShares Silver Trust	0.11%	11,053	$753K	Add +24.6%
OKE Oneok Inc.	0.10%	7,561	$683K	Add +0.8%
MLPA Global X MLP ETF	0.10%	12,626	$680K	No change
GNR State Street SPDR S&P Global	0.10%	8,962	$669K	Reduce -9.4%
VUG Vanguard Mrngstar GR ETF-Sui	0.10%	1,481	$647K	Reduce -0.4%
VGIT Vanguard Intermediate-Term T	0.09%	10,714	$638K	Add +16.4%
IJH iShares Core S&P Midcap ETF	0.09%	8,667	$585K	Add +87.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.08%	2,345	$568K	Add +4.1%
TXN Texas Instruments Inc.	0.08%	2,899	$563K	Add +1.5%
IVE iShares S&P 500 Value ETF	0.08%	2,649	$559K	Reduce -17.9%
NEE Nextera Energy Inc.	0.08%	5,946	$552K	New
EEM iShares MSCI Emerging Market	0.08%	9,631	$547K	No change
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.08%	1,896	$544K	Add +47.8%
BITB Bitwise Bitcoin ETF	0.08%	14,702	$541K	Reduce -1.6%
SCZ iShares MSCI Eafe Small-Cap	0.08%	6,878	$539K	Reduce -10.3%
SCHX Schwab US Large-Cap ETF	0.08%	20,818	$534K	Add +0.0%
BBJP JPMorgan Betabuilders Japan	0.08%	7,676	$529K	No change
IEMG iShares Core MSCI Emerging	0.08%	7,286	$508K	Add +125.6%
EMC GLB X Emrg MRKT GRT Cnsumr	0.07%	16,314	$504K	Reduce -0.2%
VWO Vanguard Ftse Emerging Marke	0.07%	9,026	$488K	Reduce -14.4%
GS Goldman Sachs Group Inc.	0.07%	573	$484K	Add +6.3%
CAT Caterpillar Inc.	0.07%	684	$484K	Add +15.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.07%	4,968	$479K	Reduce -3.4%
NFLX Netflix Inc.	0.07%	4,767	$458K	Add +43.5%
MA Mastercard Inc. Class A	0.07%	892	$446K	Add +10.5%
TSLA Tesla Inc.	0.06%	1,159	$431K	Add +8.6%
EFA iShares MSCI Eafe ETF	0.06%	3,948	$384K	No change
VEA Vanguard Ftse Developed ETF	0.06%	5,975	$383K	Add +26.0%
XGDVX Gabelli Dividend & Income TR	0.05%	13,689	$369K	Reduce -0.0%
BBCA JPMorgan Betabuilders Canada	0.05%	3,659	$344K	Reduce -1.9%
PM Philip Morris International	0.05%	2,067	$342K	Add +9.9%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.05%	923	$339K	Add +21.8%
ADI Analog Devices Inc.	0.05%	1,064	$338K	Add +0.1%
GRMN Garmin Ltd.	0.05%	1,450	$336K	No change
DE Deere & Co.	0.05%	583	$328K	New
GBIL Goldman Sachs Access Treasur	0.05%	3,258	$326K	Add +1.8%
DFSU Dimensional US Sus CORE1 ETF	0.05%	7,923	$326K	Add +2.6%
VLO Valero Energy Corp.	0.05%	1,315	$325K	Add +4.0%
QUAL iShares MSCI USA Quality Fac	0.05%	1,644	$315K	Add +0.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.05%	6,408	$312K	Reduce -43.9%
VTV Vanguard Mrngstr Val ETF-Aui	0.05%	1,575	$309K	No change
VT Vanguard Tot World STK ETF	0.05%	2,202	$305K	Add +0.2%
BBEU JPMorgan Betabuilders Europe	0.04%	4,162	$301K	Reduce -3.0%
BX Blackstone Inc.	0.04%	2,545	$293K	No change
EBAY eBay Inc.	0.04%	3,202	$291K	Reduce -29.7%
VXUS Vanguard Total Intl Stock	0.04%	3,635	$280K	Add +25.2%
BA The Boeing Co.	0.04%	1,381	$275K	No change
IJR iShares Core S&P Small-Cap E	0.04%	2,182	$271K	Add +18.0%
VGT Vanguard Info Tech ETF	0.04%	373	$260K	Reduce -5.1%
VB Vanguard Most SM-Cap ETF-Usd	0.04%	990	$259K	Add +23.9%
ABT Abbott Laboratories	0.04%	2,499	$257K	Add +16.9%
TSM Taiwan Semiconductor-SP ADR	0.04%	759	$257K	New
QCOM Qualcomm Inc.	0.04%	1,987	$256K	Reduce -4.3%
GILD Gilead Sciences Inc.	0.04%	1,812	$253K	Add +9.0%
VEU Vanguard Ftse All-World Ex-U	0.04%	3,311	$249K	Add +6.4%
DISV Dimensional International SM	0.04%	6,289	$248K	No change
DVY iShares Select Dividend ETF	0.04%	1,638	$248K	No change
PFE Pfizer Inc.	0.04%	8,461	$238K	New
MDLZ Mondelez International Inc. Class A	0.04%	4,078	$235K	New
SBUX Starbucks Corp.	0.03%	2,611	$234K	Add +0.5%
BBAX JPMorgan Betabuilders Develo	0.03%	3,920	$233K	Add +3.8%
UNP Union Pacific Corp.	0.03%	952	$231K	Add +0.1%
CMCSA Comcast Corp. Class A	0.03%	7,930	$228K	New
PLTR Palantir Technologies Inc. Class A	0.03%	1,520	$222K	Add +11.8%
VTEB Vanguard Tax-Exempt Bond ETF	0.03%	4,432	$221K	Reduce -48.9%
SCHF Schwab Intl Equity ETF	0.03%	8,893	$220K	New
MU Micron Technology Inc.	0.03%	647	$219K	New
SGOV iShares 0-3 Month Treasury B	0.03%	2,155	$217K	Reduce -22.2%
PEG Public Service Enterprise GP	0.03%	2,674	$216K	No change
CMF iShares California Muni Bond	0.03%	3,708	$211K	Add +0.5%
NTAP Netapp Inc.	0.03%	2,028	$208K	No change
PYPL PayPal Holdings Inc.	0.03%	4,555	$206K	New
XNTK SS SPDR Nyse Tech ETF	0.03%	800	$204K	New
XEL Xcel Energy Inc.	0.03%	2,569	$204K	New
MCD McDonald's Corp.	0.03%	654	$203K	Reduce -17.1%
WMT Walmart Inc.	0.03%	1,625	$202K	New
GDOT Green Dot Corp. Class A	0.03%	17,946	$201K	No change
DFUS Dimensional US Eq MKT ETF	0.03%	2,833	$201K	No change
CDZI Cadiz Inc.	0.02%	24,887	$122K	Add +49.3%
GAB Gabelli Equity Trust	0.01%	12,112	$68K	New
TELO Telomir Pharmaceuticals Inc.	0.00%	12,658	$16K	No change

Other holdings (1): bonds, preferreds, convertibles and warrants · $99 (not counted above)

Security	Class	Shares / Principal	Value	Change
GABELLI EQUITY TRUST-RT	RIGHT 04/14/2026	14,100	$99	New

Total filed on the 13F, all lines: $672.2M.

Portfolio Sells Q4 2025 → Q1 2026


OUNZ Vaneck Merk Gold ETF	Reduce -6.5%	23.01%	−0.38
DFAU Dimensional US Core Equity M	Reduce -4.1%	1.00%	−0.12
META Meta Platforms Inc. Class A	Reduce -17.5%	0.22%	−0.10
GOOG Alphabet Inc. Class C	Reduce -10.6%	0.36%	−0.10
IWD iShares Russell 1000 Value E	Reduce -4.3%	1.50%	−0.09
AMZN Amazon.com Inc.	Reduce -0.7%	0.60%	−0.09
JPM JPMorgan Chase & Co.	Reduce -4.9%	0.47%	−0.09
GOOGL Alphabet Inc. Class A	Reduce -2.2%	0.51%	−0.08
GDX Vaneck Gold Miners ETF	Reduce -9.1%	0.85%	−0.05
BAC Bank of America Corp.	Reduce -43.9%	0.05%	−0.05
GE General Electric	Sold out	0.00%	−0.05
VIG Vanguard Dividend Apprec ETF	Reduce -0.6%	0.74%	−0.05
GRAL Grail Inc.	Sold out	0.00%	−0.04
ARWR Arrowhead Pharmaceuticals Inc.	Sold out	0.00%	−0.04
IAU iShares Gold Trust	Reduce -6.6%	1.99%	−0.03
VTEB Vanguard Tax-Exempt Bond ETF	Reduce -48.9%	0.03%	−0.03
TLT iShares 20+ Year Treasury BD	Sold out	0.00%	−0.03
QQEW First TR Nasdaq-100 Sel Eq	Sold out	0.00%	−0.03
UNH Unitedhealth Group Inc.	Sold out	0.00%	−0.03
INVH Invitation Homes Inc.	Sold out	0.00%	−0.03
BITB Bitwise Bitcoin ETF	Reduce -1.6%	0.08%	−0.03
HD Home Depot Inc.	Reduce -4.8%	0.16%	−0.02
IVE iShares S&P 500 Value ETF	Reduce -17.9%	0.08%	−0.02
PID Invesco International Divide	Reduce -0.6%	0.81%	−0.02
VOO Vanguard S&P 500 ETF	Reduce -0.3%	0.24%	−0.02
DIS The Walt Disney Co.	Reduce -3.4%	0.07%	−0.02
EBAY eBay Inc.	Reduce -29.7%	0.04%	−0.02
QCOM Qualcomm Inc.	Reduce -4.3%	0.04%	−0.02
VUG Vanguard Mrngstar GR ETF-Sui	Reduce -0.4%	0.10%	−0.02
VWO Vanguard Ftse Emerging Marke	Reduce -14.4%	0.07%	−0.01
SCZ iShares MSCI Eafe Small-Cap	Reduce -10.3%	0.08%	−0.01
SGOV iShares 0-3 Month Treasury B	Reduce -22.2%	0.03%	−0.01
DFAE Dimensional Emerging Core Eq	Reduce -7.7%	0.11%	−0.01
CREATIVE MEDIA & COMMUNITY T	Sold out	0.00%	−0.01
DVS Dolly Varden Silver Ltd.	Sold out	0.00%	−0.01
MCD McDonald's Corp.	Reduce -17.1%	0.03%	−0.01
VGT Vanguard Info Tech ETF	Reduce -5.1%	0.04%	−0.01
COST Costco Wholesale Corp.	Reduce -14.4%	0.14%	−0.01
XGDVX Gabelli Dividend & Income TR	Reduce -0.0%	0.05%	−0.00
BBEU JPMorgan Betabuilders Europe	Reduce -3.0%	0.04%	−0.00
EMC GLB X Emrg MRKT GRT Cnsumr	Reduce -0.2%	0.07%	−0.00
BBCA JPMorgan Betabuilders Canada	Reduce -1.9%	0.05%	−0.00
GNR State Street SPDR S&P Global	Reduce -9.4%	0.10%	+0.01
MRK Merck & Co. Inc.	Reduce -4.2%	0.12%	+0.01
HON Honeywell International Inc.	Reduce -0.4%	0.20%	+0.02
HAP Vaneck Natural Resources ETF	Reduce -3.5%	4.10%	+0.46

Portfolio Buys Q4 2025 → Q1 2026


FLXR TCW Flexible Income ETF	Add +11.2%	10.63%	+0.68
DFAX Dimensional World Ex US Core	Add +4.7%	12.09%	+0.60
DFAC Dimensional US Core Equity 2	Add +6.2%	8.71%	+0.09
DCOR Dimensional US Core Eq 1 ETF	Add +11.0%	1.66%	+0.08
NEE Nextera Energy Inc.	New	0.08%	+0.08
XOM Exxon Mobil Corp.	Add +7.2%	0.25%	+0.08
LLY Eli Lilly & Co.	Add +91.6%	0.20%	+0.07
IEFA iShares Core MSCI Eafe ETF	Add +17.9%	0.42%	+0.06
CVX Chevron Corp.	Add +34.9%	0.12%	+0.05
JNJ Johnson & Johnson	Add +16.0%	0.20%	+0.05
DE Deere & Co.	New	0.05%	+0.05
SPY SS SPDR S&P 500 ETF Trust-US	Add +13.1%	1.06%	+0.05
IEMG iShares Core MSCI Emerging	Add +125.6%	0.08%	+0.04
IJH iShares Core S&P Midcap ETF	Add +87.8%	0.09%	+0.04
AMGN Amgen Inc.	Add +8.4%	0.34%	+0.04
TSM Taiwan Semiconductor-SP ADR	New	0.04%	+0.04
GLD SPDR Gold Shares	Add +17.3%	0.19%	+0.04
PFE Pfizer Inc.	New	0.04%	+0.04
MDLZ Mondelez International Inc. Class A	New	0.04%	+0.04
CMCSA Comcast Corp. Class A	New	0.03%	+0.03
SCHF Schwab Intl Equity ETF	New	0.03%	+0.03
MU Micron Technology Inc.	New	0.03%	+0.03
PYPL PayPal Holdings Inc.	New	0.03%	+0.03
XNTK SS SPDR Nyse Tech ETF	New	0.03%	+0.03
XEL Xcel Energy Inc.	New	0.03%	+0.03
WMT Walmart Inc.	New	0.03%	+0.03
KMI Kinder Morgan Inc.	Add +0.7%	0.18%	+0.03
SLV iShares Silver Trust	Add +24.6%	0.11%	+0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +47.8%	0.08%	+0.02
RTX RTX Corp.	Add +19.9%	0.13%	+0.02
NFLX Netflix Inc.	Add +43.5%	0.07%	+0.02
CAT Caterpillar Inc.	Add +15.0%	0.07%	+0.02
EPD Enterprise Products Partners	Add +1.9%	0.14%	+0.02
ET Energy Transfer LP	Add +1.4%	0.14%	+0.02
OKE Oneok Inc.	Add +0.8%	0.10%	+0.02
VLO Valero Energy Corp.	Add +4.0%	0.05%	+0.02
PG The Procter & Gamble Co.	Add +5.0%	0.50%	+0.01
VEA Vanguard Ftse Developed ETF	Add +26.0%	0.06%	+0.01
VYM Vanguard High DVD Yield ETF	Add +5.2%	0.21%	+0.01
VGIT Vanguard Intermediate-Term T	Add +16.4%	0.09%	+0.01
GAB Gabelli Equity Trust	New	0.01%	+0.01
VXUS Vanguard Total Intl Stock	Add +25.2%	0.04%	+0.01
IVV iShares Core S&P 500 ETF	Add +11.0%	0.32%	+0.01
TXN Texas Instruments Inc.	Add +1.5%	0.08%	+0.01
VB Vanguard Most SM-Cap ETF-Usd	Add +23.9%	0.04%	+0.01
GILD Gilead Sciences Inc.	Add +9.0%	0.04%	+0.01
IJR iShares Core S&P Small-Cap E	Add +18.0%	0.04%	+0.01
ADI Analog Devices Inc.	Add +0.1%	0.05%	+0.01
PM Philip Morris International	Add +9.9%	0.05%	+0.00
WM Waste Management Inc.	Add +2.1%	0.12%	+0.00

Notes & Other Activity Q4 2025 → Q1 2026


GABELLI EQUITY TRUST-RT	RIGHT 04/14/2026	New	14,100	$99

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