North Forty Two & Co.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), North Forty Two & Co. reported 101 stock positions worth $102.4 million. Its top holding was JPMorgan Ultra-Short Income (JPST) at 5.1% of the portfolio, followed by Schwab Intermediate-Term US (SCHR, 4.4%) and Vanguard Financials ETF (VFH, 4.2%). Compared with Q2 2025, it opened 5 new positions, sold out of 2, added to 15 and reduced 40. The biggest buy was a new position in Bondbloxx BBG 6 MTH US Treas (XHLF) and the biggest sale JPMorgan Ultra-Short Income (JPST, shares −4%).

Most Recent 13F
Q2 2026
Location
LAKE OSWEGO, OR
CIK
0002055134
Portfolio Value
$102.4M (Q3 2025)
SEC Filing
0002055134-25-000009 ↗ filed Nov 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $86.6M Q4 2024 Q1 2025: $90.3M Q1 2025 Q2 2025: $94.1M Q2 2025 Q3 2025: $102.4M $102.4M Q3 2025 Q4 2025: $106.0M Q4 2025 Q1 2026: $108.2M Q1 2026 Q2 2026: $117.8M Q2 2026

Holdings 101 stocks · $102.4M
JPST JPMorgan Ultra-Short Income 5.14% 103,669 $5.3M Reduce -4.2%
SCHR Schwab Intermediate-Term US 4.41% 179,466 $4.5M Reduce -4.0%
VFH Vanguard Financials ETF 4.21% 32,847 $4.3M Reduce -0.5%
SCHF Schwab Intl Equity ETF 3.25% 142,864 $3.3M Add +0.8%
SCHZ Schwab US Aggregate Bond ETF 3.15% 137,294 $3.2M Reduce -4.7%
GBIL Goldman Sachs Access Treasur 3.08% 31,460 $3.2M Reduce -0.7%
SCHO Schwab Short-Term US Treas 2.82% 118,367 $2.9M Reduce -2.2%
AAPL Apple Inc. 2.69% 10,818 $2.8M Reduce -7.5%
SCHE Schwab Emrg Mrkts Eqty ETF 2.67% 82,040 $2.7M Add +0.6%
NEU Newmarket Corp. 2.64% 3,266 $2.7M No change
XHLF Bondbloxx BBG 6 MTH US Treas 2.59% 52,620 $2.7M New
VDE Vanguard Energy ETF 2.41% 19,567 $2.5M Reduce -3.6%
XONE Bondbloxx BBG 1 Dur US Treas 2.38% 49,055 $2.4M New
SCHD Schwab US DVD Equity ETF 2.32% 87,078 $2.4M Add +0.5%
MSFT Microsoft Corp. 2.28% 4,504 $2.3M Reduce -4.3%
VCSH Vanguard S/T Corp. Bond ETF 2.27% 29,071 $2.3M Add +0.7%
VCIT Vanguard Int-Term Corporate 1.99% 24,192 $2.0M Reduce -0.8%
SCHB Schwab US Broad Market ETF 1.72% 68,666 $1.8M Reduce -0.9%
SRLN SS Blackstone Sr Loan ETF 1.63% 40,156 $1.7M Reduce -3.0%
VHT Vanguard Health Care ETF 1.56% 6,138 $1.6M Add +0.4%
SCHA Schwab US Small-Cap ETF 1.39% 51,005 $1.4M Add +0.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.28% 25,491 $1.3M Reduce -8.9%
VTI VG Morningstar TS MKT ETF-US 1.28% 3,994 $1.3M Add +0.1%
SCHM Schwab US Mid Cap ETF 1.22% 42,206 $1.3M Add +1.3%
VPU Vanguard Utilities ETF 1.16% 6,275 $1.2M No change
USFR Wisdomtree Floating Rate Tre 1.16% 23,540 $1.2M No change
PFF iShares Preferred & Income S 1.14% 36,826 $1.2M Reduce -4.2%
EMB iShares JP Morgan Usd Emergi 1.14% 12,213 $1.2M Reduce -3.9%
MUB iShares National Muni Bond E 1.12% 10,781 $1.1M Add +0.9%
VGT Vanguard Info Tech ETF 1.07% 1,466 $1.1M No change
JPM JPMorgan Chase & Co. 1.04% 3,389 $1.1M Reduce -0.7%
JUST Goldman Sachs Just US LRG 1.04% 11,325 $1.1M Reduce -4.2%
SCHH Schwab US REIT ETF 0.94% 44,424 $958K Reduce -1.8%
UNP Union Pacific Corp. 0.83% 3,590 $849K No change
MBB iShares MBS ETF 0.78% 8,433 $802K Add +46.6%
WFC Wells Fargo & Co. 0.77% 9,408 $789K Reduce -8.7%
XOM Exxon Mobil Corp. 0.76% 6,930 $781K Reduce -5.5%
IAU iShares Gold Trust 0.76% 10,729 $781K No change
QCOM Qualcomm Inc. 0.75% 4,636 $771K Reduce -11.0%
CVX Chevron Corp. 0.75% 4,965 $771K Reduce -7.1%
ABT Abbott Laboratories 0.72% 5,531 $741K No change
BRK.B Berkshire Hathaway Inc. Class B 0.69% 1,400 $704K No change
DVY iShares Select Dividend ETF 0.68% 4,902 $697K No change
MCD McDonald's Corp. 0.66% 2,237 $680K No change
JNJ Johnson & Johnson 0.64% 3,561 $660K No change
TXN Texas Instruments Inc. 0.62% 3,454 $635K Reduce -2.8%
RTX RTX Corp. 0.60% 3,664 $613K Reduce -0.3%
GOOGL Alphabet Inc. Class A 0.59% 2,473 $601K Reduce -1.0%
GILD Gilead Sciences Inc. 0.59% 5,405 $600K Reduce -12.9%
ABBV Abbvie Inc. 0.58% 2,564 $594K No change
AMGN Amgen Inc. 0.56% 2,039 $575K Reduce -16.1%
VLO Valero Energy Corp. 0.56% 3,375 $575K No change
ORCL Oracle Corp. 0.56% 2,022 $569K Reduce -22.9%
SCHX Schwab US Large-Cap ETF 0.54% 20,906 $551K Reduce -2.2%
TLT iShares 20+ Year Treasury BD 0.53% 6,092 $544K Reduce -3.2%
PG The Procter & Gamble Co. 0.53% 3,543 $544K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.53% 1,128 $541K No change
VAW Vanguard Materials ETF 0.51% 2,550 $522K Add +3.0%
CSCO Cisco Systems Inc. 0.51% 7,569 $518K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.50% 762 $507K Add +0.1%
CVS CVS Health Corp. 0.49% 6,618 $499K Reduce -16.1%
LLY Eli Lilly & Co. 0.48% 639 $488K Reduce -1.5%
CSX CSX Corp. 0.47% 13,520 $480K No change
HD Home Depot Inc. 0.46% 1,159 $470K No change
INTC Intel Corp. 0.46% 13,987 $469K Reduce -8.8%
CEF Sprott Physical Gold and Sil 0.45% 12,500 $459K No change
CMI Cummins Inc. 0.44% 1,058 $447K Reduce -26.2%
KO The Coca-Cola Co. 0.41% 6,322 $419K Reduce -3.1%
SYK Stryker Corp. 0.39% 1,092 $404K No change
COP Conocophillips 0.38% 4,146 $392K No change
GDX Vaneck Gold Miners ETF 0.38% 5,100 $390K No change
WY Weyerhaeuser Co. 0.37% 15,177 $376K Add +3.2%
UNH Unitedhealth Group Inc. 0.36% 1,081 $373K No change
VOX Vanguard Communication Servi 0.35% 1,884 $354K No change
FICO Fair Isaac Corp. 0.34% 235 $352K No change
GOOG Alphabet Inc. Class C 0.34% 1,440 $351K No change
SLV iShares Silver Trust 0.33% 7,872 $334K No change
GE General Electric filed as GE AEROSPACE 0.31% 1,039 $313K Reduce -1.3%
MINT PIMCO Enhanced Short Maturit 0.29% 2,996 $302K No change
SCHP Schwab U.S. Tips ETF 0.29% 10,982 $296K No change
ADP Automatic Data Processing 0.28% 987 $290K No change
GSST Goldman Sachs Ultra Short Bo 0.28% 5,553 $282K No change
VZ Verizon Communications Inc. 0.27% 6,378 $280K Reduce -11.2%
AMD Advanced Micro Devices 0.26% 1,670 $270K No change
WMT Walmart Inc. 0.26% 2,606 $269K No change
GLD SPDR Gold Shares 0.26% 741 $263K No change
CAT Caterpillar Inc. 0.26% 550 $262K No change
EWJ iShares MSCI Japan ETF 0.24% 3,125 $251K No change
HUBB Hubbell Inc. 0.24% 582 $250K No change
IVW iShares S&P 500 Growth ETF 0.23% 1,972 $238K No change
PDBC Invesco Optimum Yield Divers 0.22% 17,125 $230K Add +3.6%
SCHC Schwab Intl Small-Cap Equity 0.22% 5,017 $228K Add +2.0%
TIP iShares Tips Bond ETF 0.22% 2,048 $228K No change
F Ford Motor Co. filed as FORD MTR CO 0.22% 18,956 $227K Reduce -22.7%
LOW Lowe's Cos Inc. 0.22% 902 $227K No change
QQQ Invesco QQQ Trust Series 1 0.22% 377 $227K Reduce -21.0%
MRK Merck & Co. Inc. 0.21% 2,601 $218K No change
XLE SS Energy Select Sector 0.20% 2,287 $204K New
INTU Intuit Inc. 0.20% 298 $204K Reduce -14.4%
MMM 3M Co. 0.20% 1,310 $203K New
VYM Vanguard High DVD Yield ETF 0.20% 1,436 $202K New

Portfolio Sells Q2 2025 → Q3 2025
JPST JPMorgan Ultra-Short Income Reduce -4.2% 5.14% −0.69
SCHR Schwab Intermediate-Term US Reduce -4.0% 4.41% −0.57
SCHZ Schwab US Aggregate Bond ETF Reduce -4.7% 3.15% −0.41
SCHO Schwab Short-Term US Treas Reduce -2.2% 2.82% −0.32
GBIL Goldman Sachs Access Treasur Reduce -0.7% 3.08% −0.29
VFH Vanguard Financials ETF Reduce -0.5% 4.21% −0.25
COST Costco Wholesale Corp. Sold out 0.00% −0.24
T AT&T Inc. Sold out 0.00% −0.22
MSFT Microsoft Corp. Reduce -4.3% 2.28% −0.21
SRLN SS Blackstone Sr Loan ETF Reduce -3.0% 1.63% −0.20
TXN Texas Instruments Inc. Reduce -2.8% 0.62% −0.16
VDE Vanguard Energy ETF Reduce -3.6% 2.41% −0.16
VCIT Vanguard Int-Term Corporate Reduce -0.8% 1.99% −0.16
AMGN Amgen Inc. Reduce -16.1% 0.56% −0.16
GILD Gilead Sciences Inc. Reduce -12.9% 0.59% −0.15
QCOM Qualcomm Inc. Reduce -11.0% 0.75% −0.13
BAC Bank of America Corp. Reduce -8.9% 1.28% −0.12
EMB iShares JP Morgan Usd Emergi Reduce -3.9% 1.14% −0.12
PFF iShares Preferred & Income S Reduce -4.2% 1.14% −0.12
WFC Wells Fargo & Co. Reduce -8.7% 0.77% −0.11
INTU Intuit Inc. Reduce -14.4% 0.20% −0.09
CVS CVS Health Corp. Reduce -16.1% 0.49% −0.09
SCHH Schwab US REIT ETF Reduce -1.8% 0.94% −0.08
KO The Coca-Cola Co. Reduce -3.1% 0.41% −0.08
XOM Exxon Mobil Corp. Reduce -5.5% 0.76% −0.08
JUST Goldman Sachs Just US LRG Reduce -4.2% 1.04% −0.07
CMI Cummins Inc. Reduce -26.2% 0.44% −0.06
LLY Eli Lilly & Co. Reduce -1.5% 0.48% −0.06
F Ford Motor Co. Reduce -22.7% 0.22% −0.06
CVX Chevron Corp. Reduce -7.1% 0.75% −0.06
QQQ Invesco QQQ Trust Series 1 Reduce -21.0% 0.22% −0.06
TLT iShares 20+ Year Treasury BD Reduce -3.2% 0.53% −0.06
VZ Verizon Communications Inc. Reduce -11.2% 0.27% −0.06
ORCL Oracle Corp. Reduce -22.9% 0.56% −0.05
SCHB Schwab US Broad Market ETF Reduce -0.9% 1.72% −0.03
SCHX Schwab US Large-Cap ETF Reduce -2.2% 0.54% −0.02
JPM JPMorgan Chase & Co. Reduce -0.7% 1.04% −0.01
GE General Electric Reduce -1.3% 0.31% +0.02
RTX RTX Corp. Reduce -0.3% 0.60% +0.03
INTC Intel Corp. Reduce -8.8% 0.46% +0.09
GOOGL Alphabet Inc. Class A Reduce -1.0% 0.59% +0.12
AAPL Apple Inc. Reduce -7.5% 2.69% +0.14

Portfolio Buys Q2 2025 → Q3 2025
XHLF Bondbloxx BBG 6 MTH US Treas New 2.59% +2.59
XONE Bondbloxx BBG 1 Dur US Treas New 2.38% +2.38
MBB iShares MBS ETF Add +46.6% 0.78% +0.21
XLE SS Energy Select Sector New 0.20% +0.20
MMM 3M Co. New 0.20% +0.20
VYM Vanguard High DVD Yield ETF New 0.20% +0.20
SCHE Schwab Emrg Mrkts Eqty ETF Add +0.6% 2.67% +0.06
SCHA Schwab US Small-Cap ETF Add +0.5% 1.39% +0.02
SCHC Schwab Intl Small-Cap Equity Add +2.0% 0.22% +0.00
VAW Vanguard Materials ETF Add +3.0% 0.51% −0.00
PDBC Invesco Optimum Yield Divers Add +3.6% 0.22% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.1% 0.50% −0.00
VTI VG Morningstar TS MKT ETF-US Add +0.1% 1.28% −0.01
SCHM Schwab US Mid Cap ETF Add +1.3% 1.22% −0.02
WY Weyerhaeuser Co. Add +3.2% 0.37% −0.03
VHT Vanguard Health Care ETF Add +0.4% 1.56% −0.06
MUB iShares National Muni Bond E Add +0.9% 1.12% −0.06
SCHF Schwab Intl Equity ETF Add +0.8% 3.25% −0.08
SCHD Schwab US DVD Equity ETF Add +0.5% 2.32% −0.12
VCSH Vanguard S/T Corp. Bond ETF Add +0.7% 2.27% −0.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 104$117.8MXHLF, XONE, JPST, SCHF, SCHD
Q1 2026 97$108.2MXHLF, JPST, XONE, SCHR, SCHD
Q4 2025 97$106.0MJPST, XHLF, VFH, SCHR, XONE
Q3 2025 101$102.4MJPST, SCHR, VFH, SCHF, SCHZ
Q2 2025 98$94.1MJPST, SCHR, VFH, SCHZ, GBIL
Q1 2025 94$90.3MJPST, SCHR, VFH, SCHZ, GBIL
Q4 2024 91$86.6MJPST, SCHR, VFH, AAPL, SCHZ