Napatree Capital LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Napatree Capital LLC reported 121 stock positions worth $103.3 million. Its top holding was iShares MSCI Eafe Value ETF (EFV) at 5.1% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 4.0%) and Schwab US Large-Cap ETF (SCHX, 3.9%). Compared with Q4 2023, it opened 8 new positions, sold out of 4, added to 41 and reduced 57. The biggest buy was a new position in Helmerich & Payne (HP) and the biggest sale an exit from M D C.

Most Recent 13F
Q1 2025
Location
WESTERLY, RI
CIK
0002015964
Portfolio Value
$103.3M (Q1 2024)
SEC Filing
0001951757-24-000474 ↗ filed May 13, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $103.3M $103.3M Q1 2024 Q2 2024: $123.4M Q2 2024 Q3 2024: $143.4M Q3 2024 Q4 2024: $170.3M Q4 2024 Q1 2025: $177.8M Q1 2025

Holdings 121 stocks · $103.3M
EFV iShares MSCI Eafe Value ETF 5.13% 99,043 $5.3M Add +4.3%
IEMG iShares Core MSCI Emerging 4.03% 80,625 $4.2M Add +6.5%
SCHX Schwab US Large-Cap ETF 3.91% 67,931 $4.0M Add +12.1%
BALY Bally's Corp. 2.60% 204,540 $2.7M Add +6.2%
QQQ Invesco QQQ Trust Series 1 2.51% 6,110 $2.6M Reduce -1.2%
AAPL Apple Inc. 2.37% 14,400 $2.5M Reduce -0.5%
IVV iShares Core S&P 500 ETF 2.33% 4,779 $2.4M Reduce -0.5%
SCHM Schwab US Mid Cap ETF 2.27% 30,751 $2.4M Add +9.8%
SPSM SS SPDR P S&P 600 Small Cap 2.20% 55,769 $2.3M Add +5.9%
EFG iShares MSCI Eafe Growth ETF 2.06% 21,525 $2.1M Add +7.3%
JEPI JPMorgan Equity Premium Inco 2.01% 37,151 $2.1M Reduce -2.3%
AGG iShares Core U.S. Aggregate 1.81% 19,659 $1.9M No change
VTI VG Morningstar TS MKT ETF-US 1.56% 6,470 $1.6M Add +0.3%
FTGC First Trust Global Tactical 1.50% 64,870 $1.6M Add +7.8%
VOO Vanguard S&P 500 ETF 1.50% 3,353 $1.5M Add +15.5%
MSFT Microsoft Corp. 1.47% 3,911 $1.5M Add +0.2%
SPTS SS SPDR P St Term TSY ETF 1.47% 53,008 $1.5M Add +8.0%
XME SS SPDR S&P Metals Mining 1.44% 25,062 $1.5M Add +0.9%
WASH Washington Trust Bancorp 1.35% 54,621 $1.4M Reduce -2.5%
AMZN Amazon.com Inc. 1.30% 7,652 $1.3M Add +1.3%
IWP iShares Russell Mid-Cap Grow 1.29% 12,438 $1.3M Reduce -0.6%
XOM Exxon Mobil Corp. 1.21% 10,602 $1.3M Add +0.9%
TMO Thermo Fisher Scientific Inc. 1.07% 1,935 $1.1M No change
GS Goldman Sachs Group Inc. 1.05% 2,534 $1.1M Reduce -1.4%
BIL SS SPDR BB 1-3M T-Bill ETF 1.04% 11,690 $1.1M Reduce -4.0%
VUSB Vanguard Ultra Short Bond Et 1.04% 21,660 $1.1M Reduce -0.9%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 1.03% 20,422 $1.1M Add +5.7%
RTX RTX Corp. 1.02% 10,382 $1.1M Reduce -4.1%
JPM JPMorgan Chase & Co. 1.01% 5,438 $1.0M Add +2.3%
CVS CVS Health Corp. 1.00% 15,222 $1.0M Reduce -3.0%
ETN Eaton Corp. PLC 0.95% 3,081 $981K Reduce -3.8%
GOOG Alphabet Inc. Class C 0.94% 5,915 $974K Reduce -1.7%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.94% 37,009 $970K Add +42.2%
SPTI SS SPDR P Int Term TSY ETF 0.92% 34,522 $950K Add +31.9%
SCHD Schwab US DVD Equity ETF 0.91% 12,245 $943K No change
WMT Walmart Inc. 0.89% 15,527 $922K Reduce -5.0%
PFE Pfizer Inc. 0.86% 34,659 $888K Add +36.9%
SCHW Schwab (charles) Corp. 0.82% 11,443 $846K Reduce -2.9%
IDEV iShares Core MSCI Dev MKTS 0.81% 12,844 $834K Add +11.9%
IP International Paper Co. 0.80% 23,655 $827K Reduce -4.3%
TGT Target Corp. 0.77% 4,926 $793K Reduce -28.6%
NTAP Netapp Inc. 0.76% 7,703 $787K Reduce -22.4%
FDX FedEx Corp. 0.76% 2,999 $785K Reduce -3.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.75% 7,000 $778K Add +27.8%
DAL Delta Air Lines Inc. 0.73% 15,049 $754K Reduce -5.5%
ALK Alaska Air Group Inc. 0.72% 17,190 $740K Reduce -3.2%
UPBD Upbound Group Inc. 0.70% 23,384 $725K Reduce -3.1%
HP Helmerich & Payne 0.70% 18,317 $720K New
GSK GSK PLC-Spon ADR 0.69% 17,321 $718K Reduce -12.0%
SHV iShares 0-1 Year Treasury Bo 0.69% 6,497 $718K Reduce -0.4%
BG Bunge Global SA 0.69% 7,021 $714K Reduce -2.5%
CSCO Cisco Systems Inc. 0.69% 15,161 $712K Add +1.6%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.69% 16,003 $710K Add +3.6%
OC Owens Corning 0.68% 4,198 $706K Reduce -31.5%
IJR iShares Core S&P Small-Cap E 0.68% 6,751 $705K Add +13.3%
AGS Playags Inc. 0.68% 79,638 $704K Reduce -5.0%
RGNX Regenxbio Inc. 0.68% 45,588 $700K Add +13.6%
AFL Aflac Inc. 0.65% 7,970 $667K Reduce -2.8%
HSY The Hershey Co. 0.63% 3,349 $649K Reduce -4.6%
THO Thor Industries Inc. 0.63% 6,511 $647K Reduce -3.9%
MMM 3M Co. 0.62% 6,602 $637K Reduce -0.2%
MU Micron Technology Inc. 0.62% 5,638 $637K Reduce -29.6%
SBUX Starbucks Corp. 0.61% 7,177 $635K Reduce -3.2%
LYB Lyondellbasell Indu Class A 0.60% 6,213 $621K Reduce -3.0%
ZIM Zim Integrated Shipping Serv 0.59% 46,243 $613K Add +62.5%
TAP Molson Coors Beverage Co. Class B 0.59% 10,634 $609K Reduce -7.2%
NFLX Netflix Inc. 0.59% 1,102 $607K Reduce -3.6%
CSGS CSG Systems Intl Inc. 0.59% 12,808 $605K New
IJH iShares Core S&P Midcap ETF 0.56% 10,160 $580K Add +6.5%
GILD Gilead Sciences Inc. 0.55% 8,704 $568K Add +1.4%
GOOGL Alphabet Inc. Class A 0.55% 3,464 $564K Add +3.6%
KLIC Kulicke & Soffa Industries 0.54% 12,060 $558K Reduce -2.4%
NKE Nike Inc. Class B 0.54% 6,035 $557K Reduce -5.0%
VYM Vanguard High DVD Yield ETF 0.51% 4,553 $530K Reduce -2.1%
CROX Crocs Inc. 0.49% 4,040 $502K New
BNDW Vanguard Total World Bond Et 0.47% 7,224 $485K Add +41.3%
BND Vanguard Total Bond Market 0.47% 6,819 $482K No change
PINS Pinterest Inc. Class A 0.46% 14,215 $475K Reduce -7.3%
NEOG Neogen Corp. 0.46% 38,252 $472K Reduce -2.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.42% 873 $438K Reduce -1.1%
GD General Dynamics Corp. 0.39% 1,399 $402K Add +1.1%
APAM Artisan Partners Asset Ma -A 0.38% 9,533 $390K New
NRG NRG Energy Inc. 0.38% 5,352 $389K No change
STIP iShares 0-5 Year Tips Bond E 0.36% 3,785 $375K No change
V Visa Inc. Class A 0.35% 1,355 $364K Add +0.7%
VXUS Vanguard Total Intl Stock 0.34% 5,940 $350K Reduce -0.1%
XVV iShares ESG Select Screened 0.34% 9,053 $349K Reduce -14.7%
JNJ Johnson & Johnson 0.34% 2,407 $348K Add +3.6%
IWM iShares Russell 2000 ETF 0.33% 1,759 $345K Reduce -1.3%
AMGN Amgen Inc. 0.32% 1,214 $333K Reduce -2.4%
IWB iShares Russell 1000 ETF 0.32% 1,193 $329K Reduce -6.9%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.31% 3,066 $322K No change
ESGD iShares Trust iShares ESG Aw 0.31% 4,139 $320K Add +0.1%
XJH Ishare ESG SS S&P Midcap ETF 0.31% 8,271 $317K Reduce -1.2%
ADBE Adobe Inc. 0.30% 663 $307K Reduce -0.8%
TIP iShares Tips Bond ETF 0.29% 2,850 $301K Reduce -8.1%
HD Home Depot Inc. 0.28% 875 $292K Add +1.4%
NVDA Nvidia Corp. 0.28% 333 $288K New
HAS Hasbro Inc. 0.28% 4,665 $286K Add +0.2%
TXN Texas Instruments Inc. 0.27% 1,570 $277K Reduce -4.3%
SHY iShares 1-3 Year Treasury Bo 0.24% 3,110 $252K No change
AGM Federal Agric MTG Corp. Class C 0.24% 1,331 $248K No change
WSO Watsco Inc. 0.24% 553 $248K Reduce -9.1%
SPHY SS SPDR P High Yield ETF 0.24% 10,740 $248K Reduce -0.2%
MFC Manulife Financial Corp. 0.24% 10,514 $245K No change
IAGG iShares Intl Aggregate Bond 0.23% 4,846 $240K Add +6.1%
ABBV Abbvie Inc. 0.23% 1,468 $239K New
MINT PIMCO Enhanced Short Maturit 0.23% 2,371 $238K Add +1.5%
COMT iShares Gsci Commodity Dynam 0.23% 8,604 $235K No change
IEI iShares 3-7 Year Treasury Bo 0.23% 2,068 $235K No change
SCHA Schwab US Small-Cap ETF 0.22% 5,035 $232K Reduce -0.6%
C Citigroup Inc. 0.22% 3,684 $226K Reduce -31.9%
PNW Pinnacle West Capital 0.22% 3,019 $222K Add +1.3%
VGSH Vanguard Short-Term Treasury 0.21% 3,791 $219K No change
OHI Omega Healthcare Investors 0.20% 6,925 $211K Reduce -7.3%
BLK BlackRock Finance Inc. 0.20% 279 $211K Reduce -5.4%
SPYM Ste STR SPDR PT S&P 500 ETF 0.20% 3,523 $208K New
OEF iShares S&P 100 ETF 0.20% 870 $207K New
ACM Aecom 0.20% 2,190 $202K No change
NIO Nio Inc. - ADR 0.06% 13,125 $62K No change
TUPBQ Tupperware Brands Corp. 0.04% 40,000 $42K Add +33.3%

Portfolio Sells Q4 2023 → Q1 2024
M D C HLDGS INC Sold out 0.00% −0.88
FCOM Fidelity MSCI Comm Serv Indx Sold out 0.00% −0.69
SAM Boston Beer Company Inc. Class A Sold out 0.00% −0.50
WASH Washington Trust Bancorp Reduce -2.5% 1.35% −0.47
AAPL Apple Inc. Reduce -0.5% 2.37% −0.42
NEOG Neogen Corp. Reduce -2.4% 0.46% −0.33
WHR Whirlpool Corp. Sold out 0.00% −0.25
CVS CVS Health Corp. Reduce -3.0% 1.00% −0.24
OC Owens Corning Reduce -31.5% 0.68% −0.23
TGT Target Corp. Reduce -28.6% 0.77% −0.22
THO Thor Industries Inc. Reduce -3.9% 0.63% −0.18
NKE Nike Inc. Class B Reduce -5.0% 0.54% −0.15
KLIC Kulicke & Soffa Industries Reduce -2.4% 0.54% −0.14
UPBD Upbound Group Inc. Reduce -3.1% 0.70% −0.12
NTAP Netapp Inc. Reduce -22.4% 0.76% −0.11
TAP Molson Coors Beverage Co. Class B Reduce -7.2% 0.59% −0.11
PINS Pinterest Inc. Class A Reduce -7.3% 0.46% −0.11
MMM 3M Co. Reduce -0.2% 0.62% −0.11
ADBE Adobe Inc. Reduce -0.8% 0.30% −0.10
SBUX Starbucks Corp. Reduce -3.2% 0.61% −0.10
IP International Paper Co. Reduce -4.3% 0.80% −0.10
JEPI JPMorgan Equity Premium Inco Reduce -2.3% 2.01% −0.08
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -4.0% 1.04% −0.08
MU Micron Technology Inc. Reduce -29.6% 0.62% −0.07
C Citigroup Inc. Reduce -31.9% 0.22% −0.06
XVV iShares ESG Select Screened Reduce -14.7% 0.34% −0.05
VUSB Vanguard Ultra Short Bond Et Reduce -0.9% 1.04% −0.05
TIP iShares Tips Bond ETF Reduce -8.1% 0.29% −0.04
AMGN Amgen Inc. Reduce -2.4% 0.32% −0.04
BG Bunge Global SA Reduce -2.5% 0.69% −0.04
GSK GSK PLC-Spon ADR Reduce -12.0% 0.69% −0.04
BLK BlackRock Finance Inc. Reduce -5.4% 0.20% −0.04
AFL Aflac Inc. Reduce -2.8% 0.65% −0.03
HSY The Hershey Co. Reduce -4.6% 0.63% −0.03
AGS Playags Inc. Reduce -5.0% 0.68% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -1.2% 2.51% −0.03
OHI Omega Healthcare Investors Reduce -7.3% 0.20% −0.03
FDX FedEx Corp. Reduce -3.2% 0.76% −0.03
SHV iShares 0-1 Year Treasury Bo Reduce -0.4% 0.69% −0.03
IWM iShares Russell 2000 ETF Reduce -1.3% 0.33% −0.02
WSO Watsco Inc. Reduce -9.1% 0.24% −0.02
IWB iShares Russell 1000 ETF Reduce -6.9% 0.32% −0.02
IWP iShares Russell Mid-Cap Grow Reduce -0.6% 1.29% −0.02
SCHA Schwab US Small-Cap ETF Reduce -0.6% 0.22% −0.02
SPHY SS SPDR P High Yield ETF Reduce -0.2% 0.24% −0.01
TXN Texas Instruments Inc. Reduce -4.3% 0.27% −0.01
XJH Ishare ESG SS S&P Midcap ETF Reduce -1.2% 0.31% −0.01
LYB Lyondellbasell Indu Class A Reduce -3.0% 0.60% −0.01
VYM Vanguard High DVD Yield ETF Reduce -2.1% 0.51% −0.01
VXUS Vanguard Total Intl Stock Reduce -0.1% 0.34% −0.01

Portfolio Buys Q4 2023 → Q1 2024
HP Helmerich & Payne New 0.70% +0.70
CSGS CSG Systems Intl Inc. New 0.59% +0.59
SCHX Schwab US Large-Cap ETF Add +12.1% 3.91% +0.49
CROX Crocs Inc. New 0.49% +0.49
APAM Artisan Partners Asset Ma -A New 0.38% +0.38
ZIM Zim Integrated Shipping Serv Add +62.5% 0.59% +0.31
NVDA Nvidia Corp. New 0.28% +0.28
DIS The Walt Disney Co. Add +27.8% 0.75% +0.26
ABBV Abbvie Inc. New 0.23% +0.23
VOO Vanguard S&P 500 ETF Add +15.5% 1.50% +0.23
SPYM Ste STR SPDR PT S&P 500 ETF New 0.20% +0.20
OEF iShares S&P 100 ETF New 0.20% +0.20
IEMG iShares Core MSCI Emerging Add +6.5% 4.03% +0.19
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +42.2% 0.94% +0.18
SPTI SS SPDR P Int Term TSY ETF Add +31.9% 0.92% +0.17
EFV iShares MSCI Eafe Value ETF Add +4.3% 5.13% +0.17
XOM Exxon Mobil Corp. Add +0.9% 1.21% +0.16
SCHM Schwab US Mid Cap ETF Add +9.8% 2.27% +0.16
FTGC First Trust Global Tactical Add +7.8% 1.50% +0.15
AMZN Amazon.com Inc. Add +1.3% 1.30% +0.15
PFE Pfizer Inc. Add +36.9% 0.86% +0.13
BNDW Vanguard Total World Bond Et Add +41.3% 0.47% +0.11
EFG iShares MSCI Eafe Growth ETF Add +7.3% 2.06% +0.11
JPM JPMorgan Chase & Co. Add +2.3% 1.01% +0.10
GOOGL Alphabet Inc. Class A Add +3.6% 0.55% +0.08
IDEV iShares Core MSCI Dev MKTS Add +11.9% 0.81% +0.07
JEPQ JPM Nasdaq Equity Premium Add +5.7% 1.03% +0.06
SPTS SS SPDR P St Term TSY ETF Add +8.0% 1.47% +0.04
HAS Hasbro Inc. Add +0.2% 0.28% +0.04
IJR iShares Core S&P Small-Cap E Add +13.3% 0.68% +0.04
IJH iShares Core S&P Midcap ETF Add +6.5% 0.56% +0.03
GD General Dynamics Corp. Add +1.1% 0.39% +0.03
VTI VG Morningstar TS MKT ETF-US Add +0.3% 1.56% +0.02
IAGG iShares Intl Aggregate Bond Add +6.1% 0.23% +0.00
MSFT Microsoft Corp. Add +0.2% 1.47% +0.00
V Visa Inc. Class A Add +0.7% 0.35% +0.00
PNW Pinnacle West Capital Add +1.3% 0.22% +0.00
MINT PIMCO Enhanced Short Maturit Add +1.5% 0.23% −0.00
ESGD iShares Trust iShares ESG Aw Add +0.1% 0.31% −0.00
HD Home Depot Inc. Add +1.4% 0.28% −0.02
TUPBQ Tupperware Brands Corp. Add +33.3% 0.04% −0.02
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +3.6% 0.69% −0.03
JNJ Johnson & Johnson Add +3.6% 0.34% −0.03
SPSM SS SPDR P S&P 600 Small Cap Add +5.9% 2.20% −0.03
RGNX Regenxbio Inc. Add +13.6% 0.68% −0.04
XME SS SPDR S&P Metals Mining Add +0.9% 1.44% −0.05
CSCO Cisco Systems Inc. Add +1.6% 0.69% −0.07
BALY Bally's Corp. Add +6.2% 2.60% −0.09
GILD Gilead Sciences Inc. Add +1.4% 0.55% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2025 195$177.8MBRK.A, BRK.B, SPYM, IEMG, IEFA
Q4 2024 182$170.3MBRK.A, EFV, SCHX, AAPL, IEMG
Q3 2024 159$143.4MEFV, IEMG, BRK.B, SCHX, AAPL
Q2 2024Amended 136$123.4MEFV, SCHX, IEMG, BRK.B, AAPL
Q1 2024 121$103.3MEFV, IEMG, SCHX, BALY, QQQ