Napatree Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Napatree Capital LLC reported 195 stock positions worth $177.8 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 4.0% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.0%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 2.9%). Compared with Q4 2024, it opened 21 new positions, sold out of 8, added to 105 and reduced 50. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +237%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −44%).
- Most Recent 13F
- Q1 2025
- Location
- WESTERLY, RI
- CIK
- 0002015964
- Portfolio Value
- $177.8M (Q1 2025)
- SEC Filing
- 0001951757-25-000496 ↗ filed May 2, 2025
Holdings Value
Holdings 195 stocks · $177.8M
| BRK.A Berkshire Hathaway Inc. Class A | 4.04% | 9 | $7.2M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 3.00% | 10,022 | $5.3M | Add +3.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 2.91% | 78,563 | $5.2M | Add +128.7% |
| IEMG iShares Core MSCI Emerging | 2.90% | 95,386 | $5.1M | Add +2.8% |
| IEFA iShares Core MSCI Eafe ETF | 2.69% | 63,320 | $4.8M | Add +237.4% |
| AAPL Apple Inc. | 2.59% | 20,728 | $4.6M | Add +1.1% |
| HELO JPMorgan Hedged Equity ETF | 2.55% | 76,051 | $4.5M | Add +14.6% |
| EFV iShares MSCI Eafe Value ETF | 2.19% | 66,007 | $3.9M | Reduce -37.2% |
| VTI VG Morningstar TS MKT ETF-US | 2.08% | 13,463 | $3.7M | Add +0.8% |
| JEPI JPMorgan Equity Premium Inco | 2.05% | 63,674 | $3.6M | Add +7.1% |
| MSFT Microsoft Corp. | 1.87% | 8,849 | $3.3M | Add +5.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.79% | 78,157 | $3.2M | Add +11.3% |
| IVV iShares Core S&P 500 ETF | 1.61% | 5,083 | $2.9M | Add +4.4% |
| SCHX Schwab US Large-Cap ETF | 1.58% | 127,621 | $2.8M | Reduce -44.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.50% | 5,698 | $2.7M | Reduce -8.1% |
| AGG iShares Core U.S. Aggregate | 1.32% | 23,660 | $2.3M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 1.20% | 13,803 | $2.1M | Add +6.5% |
| NVDA Nvidia Corp. | 1.16% | 19,055 | $2.1M | Add +4.8% |
| VOO Vanguard S&P 500 ETF | 1.14% | 3,940 | $2.0M | Add +15.3% |
| AMZN Amazon.com Inc. | 1.12% | 10,451 | $2.0M | Add +8.1% |
| IJR iShares Core S&P Small-Cap E | 1.08% | 18,284 | $1.9M | Add +8.0% |
| WASH Washington Trust Bancorp | 1.07% | 61,606 | $1.9M | Add +10.5% |
| BALY Bally's Corp. | 1.05% | 151,701 | $1.9M | Reduce -0.1% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.97% | 33,589 | $1.7M | Add +338.9% |
| IJH iShares Core S&P Midcap ETF | 0.95% | 28,895 | $1.7M | Add +8.0% |
| SPTS SS SPDR P St Term TSY ETF | 0.95% | 57,610 | $1.7M | Reduce -4.3% |
| TMO Thermo Fisher Scientific Inc. | 0.95% | 3,379 | $1.7M | Add +3.8% |
| SCHM Schwab US Mid Cap ETF | 0.92% | 62,169 | $1.6M | Reduce -37.1% |
| JPM JPMorgan Chase & Co. | 0.88% | 6,405 | $1.6M | Add +2.2% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.87% | 56,566 | $1.5M | Reduce -0.1% |
| IWR iShares Russell Mid-Cap ETF | 0.85% | 17,809 | $1.5M | Add +15.9% |
| WMT Walmart Inc. | 0.84% | 16,932 | $1.5M | Add +4.4% |
| IWM iShares Russell 2000 ETF | 0.82% | 7,295 | $1.5M | Add +13.5% |
| GOOG Alphabet Inc. Class C | 0.79% | 8,936 | $1.4M | Add +0.8% |
| V Visa Inc. Class A | 0.72% | 3,658 | $1.3M | Add +14.9% |
| RTX RTX Corp. | 0.70% | 9,393 | $1.2M | Add +11.2% |
| XOM Exxon Mobil Corp. | 0.68% | 10,223 | $1.2M | Add +8.3% |
| VYM Vanguard High DVD Yield ETF | 0.68% | 9,315 | $1.2M | Add +16.0% |
| SGOV iShares 0-3 Month Treasury B | 0.63% | 11,179 | $1.1M | Add +143.5% |
| CSCO Cisco Systems Inc. | 0.63% | 18,086 | $1.1M | Add +6.3% |
| IP International Paper Co. | 0.61% | 20,437 | $1.1M | Reduce -11.7% |
| JNJ Johnson & Johnson | 0.61% | 6,560 | $1.1M | Add +10.1% |
| BNDW Vanguard Total World Bond Et | 0.59% | 15,130 | $1.0M | Add +10.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.58% | 9,364 | $1.0M | Add +21.9% |
| CSGS CSG Systems Intl Inc. | 0.57% | 16,765 | $1.0M | Reduce -3.6% |
| ADP Automatic Data Processing | 0.56% | 3,242 | $991K | Add +1.3% |
| IDEV iShares Core MSCI Dev MKTS | 0.55% | 14,210 | $979K | Add +5.8% |
| SPTI SS SPDR P Int Term TSY ETF | 0.55% | 34,153 | $976K | Reduce -13.6% |
| HAS Hasbro Inc. | 0.55% | 15,829 | $973K | Reduce -0.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.55% | 10,598 | $972K | Add +23.9% |
| AFL Aflac Inc. | 0.54% | 8,607 | $957K | Reduce -3.5% |
| FLOT iShares Floating Rate Bond E | 0.54% | 18,726 | $956K | Add +21.1% |
| MRSH Marsh & McLennan Cos | 0.54% | 3,911 | $954K | Add +4.6% |
| META Meta Platforms Inc. Class A | 0.54% | 1,652 | $952K | Add +23.6% |
| EFG iShares MSCI Eafe Growth ETF | 0.52% | 9,301 | $930K | Reduce -56.3% |
| AGS Playags Inc. | 0.52% | 76,257 | $923K | Reduce -3.8% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.49% | 16,917 | $876K | Reduce -27.9% |
| AMGN Amgen Inc. | 0.48% | 2,713 | $845K | Add +2.2% |
| TAP Molson Coors Beverage Co. Class B | 0.44% | 12,897 | $785K | Reduce -1.6% |
| HD Home Depot Inc. | 0.44% | 2,125 | $779K | Add +22.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.43% | 16,575 | $764K | Add +4.8% |
| VUSB Vanguard Ultra Short Bond Et | 0.43% | 15,234 | $759K | No change |
| GS Goldman Sachs Group Inc. | 0.42% | 1,379 | $753K | Reduce -4.9% |
| HSY The Hershey Co. | 0.42% | 4,372 | $748K | Add +11.4% |
| CNXC Concentrix Corp. | 0.41% | 13,158 | $732K | New |
| JPIE JPMorgan Income ETF | 0.41% | 15,854 | $730K | New |
| SCHD Schwab US DVD Equity ETF | 0.41% | 25,908 | $724K | Add +0.4% |
| AVGO Broadcom Inc. | 0.40% | 4,289 | $718K | Add +18.9% |
| ALK Alaska Air Group Inc. | 0.40% | 14,359 | $707K | Reduce -8.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.40% | 7,685 | $706K | Reduce -0.6% |
| UPBD Upbound Group Inc. | 0.38% | 27,837 | $667K | Add +7.6% |
| APAM Artisan Partners Asset Ma -A | 0.37% | 16,843 | $659K | Add +1.8% |
| FIVN FIVE9 Inc. | 0.37% | 24,255 | $659K | New |
| PEP Pepsico Inc. | 0.36% | 4,301 | $645K | Add +2.8% |
| DAL Delta Air Lines Inc. | 0.36% | 14,484 | $632K | Reduce -3.6% |
| CVS CVS Health Corp. | 0.35% | 9,179 | $622K | Reduce -7.7% |
| GUNR NT Mstar GLBL NR ETF | 0.34% | 15,800 | $613K | No change |
| PFE Pfizer Inc. | 0.34% | 24,094 | $611K | Add +1.6% |
| IWP iShares Russell Mid-Cap Grow | 0.34% | 5,174 | $608K | Reduce -35.1% |
| CRM Salesforce Inc. | 0.34% | 2,255 | $605K | Add +48.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.34% | 9,915 | $601K | No change |
| IYF iShares US Financials ETF | 0.34% | 5,312 | $599K | Add +22.4% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.31% | 13,266 | $559K | New |
| ZTS Zoetis Inc. | 0.31% | 3,362 | $554K | Add +7.7% |
| NOMD Nomad Foods Ltd. | 0.31% | 27,907 | $548K | New |
| CROX Crocs Inc. | 0.30% | 5,073 | $539K | Reduce -11.3% |
| BLK BlackRock Inc. | 0.30% | 568 | $538K | Add +14.3% |
| NFLX Netflix Inc. | 0.30% | 573 | $534K | Add +17.4% |
| NOC Northrop Grumman Corp. | 0.30% | 1,037 | $531K | Add +2.9% |
| OVV Ovintiv Inc. | 0.30% | 12,265 | $525K | Add +22.1% |
| BG Bunge Global SA | 0.30% | 6,866 | $525K | Reduce -1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 923 | $516K | Add +0.7% |
| MMM 3M Co. | 0.29% | 3,495 | $513K | Add +1.4% |
| ETN Eaton Corp. PLC | 0.29% | 1,881 | $511K | Reduce -4.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 5,151 | $508K | Reduce -25.1% |
| ABBV Abbvie Inc. | 0.28% | 2,412 | $505K | Add +13.9% |
| BND Vanguard Total Bond Market | 0.28% | 6,819 | $501K | No change |
| THO Thor Industries Inc. | 0.28% | 6,466 | $490K | Reduce -3.5% |
| ACN Accenture PLC Class A | 0.28% | 1,567 | $489K | Add +31.5% |
| HP Helmerich & Payne | 0.27% | 18,458 | $482K | Reduce -11.5% |
Portfolio Sells Q4 2024 → Q1 2025
| SCHX Schwab US Large-Cap ETF | Reduce -44.1% | 1.58% | −1.52 |
| EFV iShares MSCI Eafe Value ETF | Reduce -37.2% | 2.19% | −1.05 |
| SCHM Schwab US Mid Cap ETF | Reduce -37.1% | 0.92% | −0.69 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -56.3% | 0.52% | −0.69 |
| BALY Bally's Corp. | Reduce -0.1% | 1.05% | −0.60 |
| NTAP Netapp Inc. | Sold out | 0.00% | −0.53 |
| BALY Bally's Corp. | Sold out | 0.00% | −0.46 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -8.1% | 1.50% | −0.36 |
| PLTK Playtika Holding Corp. | Sold out | 0.00% | −0.34 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -27.9% | 0.49% | −0.28 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.28 |
| IWP iShares Russell Mid-Cap Grow | Reduce -35.1% | 0.34% | −0.25 |
| ALK Alaska Air Group Inc. | Reduce -8.5% | 0.40% | −0.20 |
| DAL Delta Air Lines Inc. | Reduce -3.6% | 0.36% | −0.18 |
| DIS The Walt Disney Co. | Reduce -25.1% | 0.29% | −0.16 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.13 |
| KLIC Kulicke & Soffa Industries | Reduce -1.6% | 0.25% | −0.13 |
| CPRJ Calamos Russ 2000 STR Al-Jul | Sold out | 0.00% | −0.13 |
| CPSJ Calamos S&P 500 Sap ETF July | Sold out | 0.00% | −0.13 |
| XJR Ishr ESG SS S&P Smal-Cap-Usd | Sold out | 0.00% | −0.12 |
| HP Helmerich & Payne | Reduce -11.5% | 0.27% | −0.12 |
| IP International Paper Co. | Reduce -11.7% | 0.61% | −0.12 |
| TROW T Rowe Price Group Inc. | Reduce -0.6% | 0.40% | −0.12 |
| NEOG Neogen Corp. | Reduce -12.3% | 0.15% | −0.10 |
| THO Thor Industries Inc. | Reduce -3.5% | 0.28% | −0.10 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -13.6% | 0.55% | −0.10 |
| ETN Eaton Corp. PLC | Reduce -4.8% | 0.29% | −0.10 |
| GQRE NT GLBL Qual Re ETF | Reduce -25.3% | 0.22% | −0.08 |
| ZIM Zim Integrated Shipping Serv | Reduce -8.1% | 0.12% | −0.08 |
| SBUX Starbucks Corp. | Reduce -33.0% | 0.18% | −0.08 |
| FDX FedEx Corp. | Reduce -8.4% | 0.25% | −0.08 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -4.3% | 0.95% | −0.08 |
| TGT Target Corp. | Reduce -1.1% | 0.21% | −0.08 |
| GILD Gilead Sciences Inc. | Reduce -31.9% | 0.27% | −0.07 |
| ADBE Adobe Inc. | Reduce -13.4% | 0.17% | −0.07 |
| CROX Crocs Inc. | Reduce -11.3% | 0.30% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -4.9% | 0.42% | −0.06 |
| OPRA Opera Ltd.-ADR | Reduce -2.3% | 0.23% | −0.06 |
| GPN Global Payments Inc. | Reduce -4.5% | 0.25% | −0.06 |
| OC Owens Corning | Reduce -5.8% | 0.18% | −0.06 |
| AGG iShares Core U.S. Aggregate | Reduce -1.3% | 1.32% | −0.05 |
| IWB iShares Russell 1000 ETF | Reduce -4.2% | 0.23% | −0.03 |
| RGNX Regenxbio Inc. | Reduce -5.5% | 0.13% | −0.02 |
| BG Bunge Global SA | Reduce -1.8% | 0.30% | −0.02 |
| OGN Organon & Co. | Reduce -4.5% | 0.24% | −0.02 |
| DES Wisdomtree US Smallcap Divid | Reduce -2.8% | 0.12% | −0.02 |
| AGS Playags Inc. | Reduce -3.8% | 0.52% | −0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -6.5% | 0.18% | −0.02 |
| GSK GSK PLC-Spon ADR | Reduce -10.8% | 0.22% | −0.00 |
| IGOV iShares International Treasu | Reduce -1.3% | 0.16% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| IEFA iShares Core MSCI Eafe ETF | Add +237.4% | 2.69% | +1.92 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +128.7% | 2.91% | +1.52 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +338.9% | 0.97% | +0.72 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.0% | 3.00% | +0.41 |
| CNXC Concentrix Corp. | New | 0.41% | +0.41 |
| JPIE JPMorgan Income ETF | New | 0.41% | +0.41 |
| FIVN FIVE9 Inc. | New | 0.37% | +0.37 |
| SGOV iShares 0-3 Month Treasury B | Add +143.5% | 0.63% | +0.36 |
| NXT Nextpower Inc. | New | 0.31% | +0.31 |
| NOMD Nomad Foods Ltd. | New | 0.31% | +0.31 |
| FTCS First Trust Capital Strength | New | 0.26% | +0.26 |
| INGR Ingredion Inc. | New | 0.24% | +0.24 |
| IWF iShares Russell 1000 Growth | New | 0.19% | +0.19 |
| IBM Intl Business Machines Corp. | New | 0.19% | +0.19 |
| ISRG Intuitive Surgical Inc. | New | 0.15% | +0.15 |
| BAC Bank of America Corp. | New | 0.15% | +0.15 |
| CPSY Calamos S&P 500 Sap ETF Jan | New | 0.15% | +0.15 |
| MA Mastercard Inc. Class A | New | 0.14% | +0.14 |
| MDLZ Mondelez International Inc. Class A | New | 0.14% | +0.14 |
| JSML Janus Hender SM Cap GRW Alph | New | 0.14% | +0.14 |
| HELO JPMorgan Hedged Equity ETF | Add +14.6% | 2.55% | +0.13 |
| V Visa Inc. Class A | Add +14.9% | 0.72% | +0.13 |
| CPRY Clmos R 2000 S A P ETF - Jan | New | 0.13% | +0.13 |
| BDX Becton Dickinson and Co. | New | 0.13% | +0.13 |
| LLY Eli Lilly & Co. | New | 0.13% | +0.13 |
| RTX RTX Corp. | Add +11.2% | 0.70% | +0.13 |
| T AT&T Inc. | New | 0.12% | +0.12 |
| KLAC KLA Corp. | New | 0.12% | +0.12 |
| ESGE iShares Inc. iShares ESG Awar | New | 0.12% | +0.12 |
| PBT Permian Basin Royalty Trust | Add +105.1% | 0.26% | +0.11 |
| JNJ Johnson & Johnson | Add +10.1% | 0.61% | +0.11 |
| XOM Exxon Mobil Corp. | Add +8.3% | 0.68% | +0.09 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +23.9% | 0.55% | +0.09 |
| SHV iShares 0-1 Year Treasury Bo | Add +21.9% | 0.58% | +0.09 |
| META Meta Platforms Inc. Class A | Add +23.6% | 0.54% | +0.08 |
| FLOT iShares Floating Rate Bond E | Add +21.1% | 0.54% | +0.08 |
| VYM Vanguard High DVD Yield ETF | Add +16.0% | 0.68% | +0.07 |
| MRSH Marsh & McLennan Cos | Add +4.6% | 0.54% | +0.07 |
| AMGN Amgen Inc. | Add +2.2% | 0.48% | +0.07 |
| ABBV Abbvie Inc. | Add +13.9% | 0.28% | +0.06 |
| SPGI S&P Global Inc. | Add +32.1% | 0.26% | +0.06 |
| HON Honeywell International Inc. | Add +50.8% | 0.22% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +15.3% | 1.14% | +0.06 |
| OVV Ovintiv Inc. | Add +22.1% | 0.30% | +0.06 |
| MCD McDonald's Corp. | Add +34.1% | 0.20% | +0.06 |
| IYF iShares US Financials ETF | Add +22.4% | 0.34% | +0.06 |
| IWR iShares Russell Mid-Cap ETF | Add +15.9% | 0.85% | +0.05 |
| GE General Electric | Add +10.5% | 0.25% | +0.05 |
| IEMG iShares Core MSCI Emerging | Add +2.8% | 2.90% | +0.05 |
| VRSK Verisk Analytics Inc. | Add +35.6% | 0.17% | +0.05 |