Novem Group
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Novem Group reported 389 stock positions worth $787.9 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 5.0% of the portfolio, followed by Vanguard Dividend Apprec ETF (VIG, 3.8%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 3.6%). Compared with Q1 2025, it opened 67 new positions, sold out of 32, added to 165 and reduced 130. The biggest buy was Schwab US Large-Cap Growth (SCHG, shares +26%) and the biggest sale PIMCO Multisector Bond Actv (PYLD, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- Rochester, NY
- CIK
- 0001926783
- Portfolio Value
- $787.9M (Q2 2025)
- SEC Filing
- 0001667731-25-000844 ↗ filed Jul 16, 2025
Holdings Value
Holdings 389 stocks · $787.9M
| SCHG Schwab US Large-Cap Growth | 5.02% | 1,355,187 | $39.6M | Add +25.6% |
| VIG Vanguard Dividend Apprec ETF | 3.79% | 146,012 | $29.9M | Reduce -12.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.62% | 392,531 | $28.5M | Reduce -3.1% |
| FFLC Fidelity Fndmntl L/C Cor ETF | 2.92% | 471,096 | $23.0M | Add +64.0% |
| BOND PIMCO Active Bond Exchange-T | 2.39% | 203,918 | $18.8M | Add +6.5% |
| USFR Wisdomtree Floating Rate Tre | 2.30% | 359,843 | $18.1M | Add +85.4% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 2.13% | 691,805 | $16.8M | Add +123.8% |
| SCHO Schwab Short-Term US Treas | 2.08% | 671,643 | $16.4M | Add +6.5% |
| PYLD PIMCO Multisector Bond Actv | 2.00% | 594,815 | $15.8M | Reduce -43.2% |
| FALN iShares Fallen Angels ETF | 1.97% | 572,052 | $15.5M | Add +6.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.92% | 85,444 | $15.1M | Add +3.1% |
| AAPL Apple Inc. | 1.77% | 67,875 | $13.9M | Add +7.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.73% | 31,126 | $13.6M | Add +0.8% |
| IBDR iShares Ibonds Dec 2026 Term | 1.65% | 537,528 | $13.0M | Add +3.8% |
| JPEF JPMorgan Equity Focus ETF | 1.64% | 184,183 | $12.9M | Add +2.1% |
| CORP PIMCO Inv Grade Corp. BD ETF | 1.58% | 128,037 | $12.5M | Add +6.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.53% | 230,881 | $12.1M | Add +3.5% |
| IVV iShares Core S&P 500 ETF | 1.51% | 19,198 | $11.9M | Add +1.7% |
| PTRB Pgim Total Return Bond ETF | 1.18% | 223,119 | $9.3M | Reduce -2.7% |
| AVGO Broadcom Inc. | 1.17% | 33,431 | $9.2M | Reduce -0.2% |
| MSFT Microsoft Corp. | 1.01% | 15,985 | $8.0M | Add +0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.97% | 12,406 | $7.7M | Add +11.8% |
| WMT Walmart Inc. | 0.89% | 71,429 | $7.0M | Reduce -1.7% |
| FSMD Fidelity Small-Mid Multifact | 0.88% | 167,625 | $7.0M | New |
| JPM JPMorgan Chase & Co. | 0.87% | 23,621 | $6.8M | Add +0.1% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.85% | 266,424 | $6.7M | Reduce -37.6% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.85% | 169,094 | $6.7M | Add +12.1% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.80% | 196,325 | $6.3M | New |
| NVDA Nvidia Corp. | 0.79% | 39,548 | $6.2M | Reduce -9.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.74% | 144,833 | $5.9M | Reduce -0.6% |
| JQUA JPMorgan US Quality Factor | 0.74% | 96,969 | $5.8M | Reduce -4.2% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.63% | 39,871 | $4.9M | Add +4.7% |
| IWM iShares Russell 2000 ETF | 0.61% | 22,178 | $4.8M | Add +26.6% |
| FJUL FT Vest US Equity Buffer ETF | 0.59% | 89,203 | $4.6M | Reduce -0.5% |
| COP Conocophillips | 0.57% | 50,098 | $4.5M | Add +7.3% |
| JCI Johnson Controls Internation | 0.56% | 41,556 | $4.4M | Reduce -2.5% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.55% | 11,897 | $4.4M | Add +3.4% |
| AIQ Global X Art Intel & Tech | 0.55% | 99,416 | $4.3M | Add +10.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 8,820 | $4.3M | Add +1.7% |
| IJH iShares Core S&P Midcap ETF | 0.54% | 68,694 | $4.3M | Reduce -0.1% |
| ALL Allstate Corp. | 0.54% | 21,157 | $4.3M | Add +0.8% |
| META Meta Platforms Inc. Class A | 0.50% | 5,381 | $4.0M | Reduce -7.7% |
| SDY SS SPDR S&P Dividend ETF | 0.50% | 29,191 | $4.0M | Add +0.3% |
| QCOM Qualcomm Inc. | 0.50% | 24,554 | $3.9M | Add +1.3% |
| NXPI NXP Semiconductors NV | 0.49% | 17,638 | $3.9M | Add +2.3% |
| EBAY eBay Inc. | 0.48% | 51,301 | $3.8M | Reduce -2.7% |
| FDEC FT Vest U.S. Equity Buffer E | 0.48% | 80,935 | $3.8M | Reduce -2.5% |
| CMCSA Comcast Corp. Class A | 0.48% | 105,698 | $3.8M | Add +4.6% |
| PNC PNC Financial Services Group | 0.47% | 19,969 | $3.7M | Add +4.6% |
| JPST JPMorgan Ultra-Short Income | 0.46% | 70,832 | $3.6M | Add +2.5% |
| PLD Prologis Inc. | 0.46% | 34,124 | $3.6M | Add +3.7% |
| EMR Emerson Electric Co. | 0.45% | 26,671 | $3.6M | Add +2.3% |
| MDT Medtronic PLC | 0.45% | 40,785 | $3.6M | Add +2.3% |
| CWI State Street SPDR MSCI Acwi | 0.44% | 106,320 | $3.5M | Add +4.0% |
| VCIT Vanguard Int-Term Corporate | 0.44% | 41,411 | $3.4M | Add +7.2% |
| V Visa Inc. Class A | 0.42% | 9,391 | $3.3M | Reduce -8.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.42% | 10,847 | $3.3M | Reduce -2.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.41% | 61,888 | $3.3M | Add +2.7% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.40% | 79,634 | $3.2M | Reduce -4.3% |
| CGMS Cap Group US Multi-Sect Bond | 0.40% | 114,748 | $3.2M | Add +2.8% |
| PEP Pepsico Inc. | 0.39% | 23,413 | $3.1M | Add +3.9% |
| SMLF iShares US Smallcap Equity F | 0.39% | 45,366 | $3.1M | New |
| AMZN Amazon.com Inc. | 0.39% | 14,020 | $3.1M | Reduce -5.1% |
| MRK Merck & Co. Inc. | 0.39% | 38,828 | $3.1M | Add +8.9% |
| GOVT iShares US Treasury Bond ETF | 0.39% | 132,908 | $3.1M | Add +2.5% |
| QUAL iShares MSCI USA Quality Fac | 0.38% | 16,204 | $3.0M | Add +26.4% |
| PRGO Perrigo Co. PLC | 0.38% | 110,770 | $3.0M | Add +2.5% |
| MINT PIMCO Enhanced Short Maturit | 0.36% | 28,446 | $2.9M | Add +2.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.35% | 113,080 | $2.8M | Add +5.9% |
| BKLN Invesco Senior Loan ETF | 0.35% | 131,571 | $2.8M | Add +4.7% |
| MA Mastercard Inc. Class A | 0.32% | 4,538 | $2.6M | Reduce -11.5% |
| VOO Vanguard S&P 500 ETF | 0.32% | 4,400 | $2.5M | Add +40.4% |
| GOOG Alphabet Inc. Class C | 0.31% | 13,855 | $2.5M | Reduce -4.0% |
| IJR iShares Core S&P Small-Cap E | 0.29% | 21,157 | $2.3M | Reduce -0.5% |
| VNQ Vanguard Real Estate ETF | 0.29% | 25,935 | $2.3M | Add +7.4% |
| DIVI Franklin International Core | 0.27% | 58,601 | $2.1M | Reduce -2.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 7,076 | $2.1M | Add +5.0% |
| QQQJ Invesco Nasdaq Next Gen 100 | 0.26% | 65,200 | $2.1M | No change |
| CGMU Cap Group Municipal Income | 0.26% | 77,339 | $2.1M | Reduce -4.6% |
| GOOGL Alphabet Inc. Class A | 0.26% | 11,694 | $2.1M | Add +1.3% |
| VTWO Vanguard Russell 2000 ETF | 0.25% | 22,870 | $2.0M | Reduce -59.5% |
| LLY Eli Lilly & Co. | 0.25% | 2,512 | $2.0M | Add +59.6% |
| APH Amphenol Corp. Class A | 0.24% | 19,440 | $1.9M | Reduce -18.7% |
| CSCO Cisco Systems Inc. | 0.24% | 27,249 | $1.9M | Add +113.2% |
| KLAC KLA Corp. | 0.22% | 1,957 | $1.8M | Reduce -14.5% |
| PG The Procter & Gamble Co. | 0.22% | 10,744 | $1.7M | Add +65.8% |
| LRCX Lam Research Corp. | 0.21% | 16,815 | $1.6M | Reduce -15.6% |
| ABBV Abbvie Inc. | 0.20% | 8,596 | $1.6M | Add +4.9% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.20% | 49,451 | $1.6M | Add +29.2% |
| VYM Vanguard High DVD Yield ETF | 0.20% | 11,576 | $1.5M | Reduce -3.2% |
| NFLX Netflix Inc. | 0.19% | 1,145 | $1.5M | Reduce -33.4% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.19% | 20,446 | $1.5M | Add +84.4% |
| RTX RTX Corp. | 0.19% | 10,412 | $1.5M | Add +4.1% |
| ABT Abbott Laboratories | 0.19% | 10,917 | $1.5M | Add +171.2% |
| SPEM State Street SP PTF Em ETF | 0.19% | 34,299 | $1.5M | Reduce -3.6% |
| AMLP Alerian MLP ETF | 0.18% | 29,521 | $1.4M | Add +3.6% |
| VEA Vanguard Ftse Developed ETF | 0.18% | 24,634 | $1.4M | Reduce -84.6% |
| JEPI JPMorgan Equity Premium Inco | 0.18% | 24,627 | $1.4M | Reduce -0.6% |
| PAYX Paychex Inc. | 0.17% | 9,384 | $1.4M | Add +120.3% |
| VXUS Vanguard Total Intl Stock | 0.17% | 19,501 | $1.3M | Reduce -3.4% |
Options reported separately and not counted above: TSLA calls ($1.4M), CRDO calls ($833K), NVDA calls ($806K), GOOGL calls ($634K), APP calls ($560K), SPY puts ($432K), NVTS calls ($328K), PLTR calls ($273K), QQQ calls ($165K), META calls ($148K), NFLX calls ($134K), COIN calls ($105K), and 4 more.
Portfolio Sells Q1 2025 → Q2 2025
| PYLD PIMCO Multisector Bond Actv | Reduce -43.2% | 2.00% | −1.89 |
| SCHD Schwab US DVD Equity ETF | Reduce -93.2% | 0.07% | −1.11 |
| VEA Vanguard Ftse Developed ETF | Reduce -84.6% | 0.18% | −0.97 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Sold out | 0.00% | −0.90 |
| VIG Vanguard Dividend Apprec ETF | Reduce -12.3% | 3.79% | −0.77 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -37.6% | 0.85% | −0.66 |
| VTWO Vanguard Russell 2000 ETF | Reduce -59.5% | 0.25% | −0.39 |
| HALO Halozyme Therapeutics Inc. | Sold out | 0.00% | −0.20 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.18 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.17 |
| PTRB Pgim Total Return Bond ETF | Reduce -2.7% | 1.18% | −0.17 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.17 |
| PAC Grupo Aeroportuario Pac-ADR | Sold out | 0.00% | −0.16 |
| LOGI Logitech International-Reg | Sold out | 0.00% | −0.15 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.14 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -3.1% | 3.62% | −0.14 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.14 |
| SSD Simpson Manufacturing Co. Inc. | Sold out | 0.00% | −0.13 |
| QLYS Qualys Inc. | Sold out | 0.00% | −0.12 |
| HLI Houlihan Lokey Inc. | Sold out | 0.00% | −0.12 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.12 |
| NDSN Nordson Corp. | Sold out | 0.00% | −0.12 |
| CSX CSX Corp. | Reduce -80.4% | 0.03% | −0.12 |
| SNPS Synopsys Inc. | Sold out | 0.00% | −0.11 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.10 |
| PANW Palo Alto Networks Inc. | Reduce -57.5% | 0.08% | −0.10 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -42.1% | 0.04% | −0.09 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.08 |
| V Visa Inc. Class A | Reduce -8.1% | 0.42% | −0.08 |
| MA Mastercard Inc. Class A | Reduce -11.5% | 0.32% | −0.07 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.07 |
| JQUA JPMorgan US Quality Factor | Reduce -4.2% | 0.74% | −0.07 |
| STM Stmicroelectronics NV-NY SHS | Sold out | 0.00% | −0.06 |
| T AT&T Inc. | Reduce -38.8% | 0.07% | −0.06 |
| JNJ Johnson & Johnson | Reduce -10.0% | 0.16% | −0.06 |
| GRMN Garmin Ltd. | Reduce -14.1% | 0.15% | −0.05 |
| CPRT Copart Inc. | Reduce -12.7% | 0.10% | −0.05 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.05 |
| CGMU Cap Group Municipal Income | Reduce -4.6% | 0.26% | −0.05 |
| JKHY Jack Henry & Associates Inc. | Reduce -18.4% | 0.12% | −0.05 |
| BND Vanguard Total Bond Market | Reduce -18.1% | 0.12% | −0.04 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.04 |
| BMAR Innovator U.S. Equity Buffer | Reduce -32.2% | 0.08% | −0.04 |
| GLPI Gaming and Leisure Propertie | Reduce -9.5% | 0.12% | −0.04 |
| SDHY Pgim SHRT Durat Hi YLD | Sold out | 0.00% | −0.04 |
| RACE Ferrari NV | Reduce -27.2% | 0.12% | −0.04 |
| MNST Monster Beverage Corp. | Reduce -19.1% | 0.13% | −0.04 |
| CVX Chevron Corp. | Reduce -28.9% | 0.04% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| SCHG Schwab US Large-Cap Growth | Add +25.6% | 5.02% | +1.21 |
| FFLC Fidelity Fndmntl L/C Cor ETF | Add +64.0% | 2.92% | +1.16 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +123.8% | 2.13% | +1.08 |
| USFR Wisdomtree Floating Rate Tre | Add +85.4% | 2.30% | +0.92 |
| FSMD Fidelity Small-Mid Multifact | New | 0.88% | +0.88 |
| CGGO Cap Group Global Growth | New | 0.80% | +0.80 |
| SMLF iShares US Smallcap Equity F | New | 0.39% | +0.39 |
| MSFT Microsoft Corp. | Add +0.8% | 1.01% | +0.17 |
| VST Vistra Corp. | New | 0.16% | +0.16 |
| NVS Novartis AG-Sponsored ADR | New | 0.15% | +0.15 |
| NTES Netease Inc.-ADR | New | 0.14% | +0.14 |
| PODD Insulet Corp. | New | 0.13% | +0.13 |
| UBER Uber Technologies Inc. | Add +388.0% | 0.16% | +0.13 |
| UNP Union Pacific Corp. | New | 0.13% | +0.13 |
| SEIC Sei Investments Company | New | 0.13% | +0.13 |
| CSCO Cisco Systems Inc. | Add +113.2% | 0.24% | +0.13 |
| OMF Onemain Holdings Inc. | New | 0.13% | +0.13 |
| TRI Thomson Reuters Corp. | New | 0.12% | +0.12 |
| NTAP Netapp Inc. | New | 0.12% | +0.12 |
| SPG Simon Property Group Inc. | New | 0.12% | +0.12 |
| LMT Lockheed Martin Corp. | New | 0.12% | +0.12 |
| PNR Pentair PLC | New | 0.12% | +0.12 |
| GFI Gold Fields Ltd.-Spons ADR | New | 0.12% | +0.12 |
| WHD Cactus Inc. Class A | New | 0.12% | +0.12 |
| RELX Relx PLC - Spon ADR | New | 0.12% | +0.12 |
| FAST Fastenal Co. | New | 0.12% | +0.12 |
| FHI Federated Hermes Inc. | New | 0.12% | +0.12 |
| GEN Gen Digital Inc. | New | 0.12% | +0.12 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.8% | 1.73% | +0.12 |
| GIS General Mills Inc. | New | 0.11% | +0.11 |
| HES Hess Corp. | New | 0.11% | +0.11 |
| IWM iShares Russell 2000 ETF | Add +26.6% | 0.61% | +0.11 |
| SKT Tanger Inc. | New | 0.11% | +0.11 |
| ABT Abbott Laboratories | Add +171.2% | 0.19% | +0.11 |
| ETN Eaton Corp. PLC | Add +177.9% | 0.16% | +0.11 |
| IDCC Interdigital Inc. | New | 0.11% | +0.11 |
| HLNE Hamilton Lane Inc. Class A | New | 0.11% | +0.11 |
| ELS Equity Lifestyle Properties | New | 0.11% | +0.11 |
| LIN Linde PLC | New | 0.11% | +0.11 |
| PH Parker Hannifin Corp. | New | 0.11% | +0.11 |
| MRSH Marsh & McLennan Cos | New | 0.10% | +0.10 |
| ANET Arista Networks Inc. | Add +411.7% | 0.12% | +0.10 |
| PSA Public Storage | New | 0.10% | +0.10 |
| PLMR Palomar Holdings Inc. | New | 0.10% | +0.10 |
| IVW iShares S&P 500 Growth ETF | Add +300.5% | 0.13% | +0.10 |
| LII Lennox International Inc. | New | 0.10% | +0.10 |
| WU Western Union Co. | New | 0.10% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +11.8% | 0.97% | +0.10 |
| EXP Eagle Materials Inc. | New | 0.10% | +0.10 |
| SPHY SS SPDR P High Yield ETF | New | 0.09% | +0.09 |
Options Activity Q1 2025 → Q2 2025
| TSLA Tesla Inc. | call | Add +1000.0% | 4,400 | $1.4M |
| CRDO Credo Technology Group Holdi | call | New | 9,000 | $833K |
| NVDA Nvidia Corp. | call | Reduce -62.8% | 5,100 | $806K |
| GOOGL Alphabet Inc. Class A | call | Add +3500.0% | 3,600 | $634K |
| ANET Arista Networks Inc. | call | Sold out | 7,800 | $604Kbefore exit |
| APP AppLovin Corp. Class A | call | New | 1,600 | $560K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -12.5% | 700 | $432K |
| NVTS Navitas Semiconductor Corp. | call | New | 50,000 | $328K |
| PLTR Palantir Technologies Inc. Class A | call | Add +100.0% | 2,000 | $273K |
| DELL Dell Technologies -C | call | Sold out | 2,300 | $210Kbefore exit |
| KWEB Kranesh Csi China Internet | call | Sold out | 6,000 | $209Kbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | Add +200.0% | 300 | $165K |
| META Meta Platforms Inc. Class A | call | Reduce -80.0% | 200 | $148K |
| NFLX Netflix Inc. | call | Reduce -75.0% | 100 | $134K |
| COIN Coinbase Global Inc. Class A | call | New | 300 | $105K |
| COST Costco Wholesale Corp. | call | New | 100 | $99K |
| FTNT Fortinet Inc. | call | Sold out | 1,000 | $96Kbefore exit |
| GLD SPDR Gold Shares | call | New | 100 | $30K |
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 | 437 | $986.1M | PYLD, SCHG, SPYM, FFLC, BOND |
| Q1 2026 | 424 | $869.7M | SCHG, MINT, SPYM, FFLC, BOND |
| Q4 2025 | 406 | $863.7M | SCHG, VIG, PYLD, SPYM, FFLC |
| Q3 2025 | 399 | $839.2M | SCHG, PYLD, VIG, SPYM, FFLC |
| Q2 2025 | 389 | $787.9M | SCHG, VIG, SPYM, FFLC, BOND |
| Q1 2025 | 354 | $708.3M | VIG, PYLD, SCHG, SPYM, BOND |
| Q4 2024 | 361 | $672.6M | SCHG, VIG, SPYM, FFLC, PYLD |