Novem Group
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Novem Group reported 406 stock positions worth $863.7 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 4.3% of the portfolio, followed by Vanguard Dividend Apprec ETF (VIG, 3.5%) and PIMCO Multisector Bond Actv (PYLD, 3.1%). Compared with Q3 2025, it opened 56 new positions, sold out of 49, added to 183 and reduced 143. The biggest buy was PIMCO Enhanced Short Maturit (MINT, shares +229%) and the biggest sale PIMCO Multisector Bond Actv (PYLD, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- Rochester, NY
- CIK
- 0001926783
- Portfolio Value
- $863.7M (Q4 2025)
- SEC Filing
- 0002085853-26-000113 ↗ filed Jan 27, 2026
Holdings Value
Holdings 406 stocks · $863.7M
| SCHG Schwab US Large-Cap Growth | 4.27% | 1,130,575 | $36.9M | Reduce -8.1% |
| VIG Vanguard Dividend Apprec ETF | 3.52% | 138,519 | $30.4M | Add +3.8% |
| PYLD PIMCO Multisector Bond Actv | 3.12% | 1,010,085 | $26.9M | Reduce -18.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 3.11% | 334,859 | $26.9M | Reduce -5.2% |
| FFLC Fidelity Fndmntl L/C Cor ETF | 2.84% | 458,997 | $24.5M | Reduce -3.5% |
| BOND PIMCO Active Bond Exchange-T | 2.48% | 230,537 | $21.5M | Add +7.3% |
| SCHO Schwab Short-Term US Treas | 2.14% | 757,520 | $18.5M | Add +5.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.11% | 37,426 | $18.3M | Add +2.5% |
| FALN iShares Fallen Angels ETF | 1.99% | 629,614 | $17.2M | Add +5.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.91% | 86,196 | $16.5M | Add +0.9% |
| AAPL Apple Inc. | 1.84% | 58,591 | $15.9M | Reduce -8.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.77% | 269,272 | $15.3M | Reduce -0.6% |
| CORP PIMCO Inv Grade Corp. BD ETF | 1.62% | 143,324 | $14.0M | Add +4.8% |
| JPEF JPMorgan Equity Focus ETF | 1.57% | 181,327 | $13.5M | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 1.55% | 19,486 | $13.3M | Reduce -0.3% |
| MINT PIMCO Enhanced Short Maturit | 1.33% | 114,320 | $11.5M | Add +228.5% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.32% | 449,307 | $11.4M | Add +24.5% |
| IBDU iShares Ibonds Dec 2029 Term | 1.28% | 470,613 | $11.0M | Add +21.5% |
| PTRB Pgim Total Return Bond ETF | 1.22% | 249,720 | $10.5M | Add +11.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.16% | 410,904 | $10.0M | Add +6.4% |
| IBDV iShares Ibonds Dec 2030 Corp. | 1.09% | 426,949 | $9.4M | Add +5.1% |
| FSMD Fidelity Small-Mid Multifact | 1.04% | 202,922 | $9.0M | Add +0.8% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.97% | 192,463 | $8.4M | Add +1.4% |
| AVGO Broadcom Inc. | 0.92% | 22,835 | $7.9M | Reduce -25.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.86% | 166,505 | $7.4M | Add +1.9% |
| WMT Walmart Inc. | 0.83% | 64,610 | $7.2M | Reduce -7.7% |
| FEGE First Eagle GL Equity ETF | 0.79% | 148,863 | $6.9M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.78% | 20,781 | $6.7M | Reduce -8.4% |
| MSFT Microsoft Corp. | 0.75% | 13,426 | $6.5M | Reduce -15.8% |
| NVDA Nvidia Corp. | 0.74% | 34,351 | $6.4M | Reduce -14.8% |
| COP Conocophillips | 0.63% | 57,881 | $5.4M | Add +13.4% |
| FJUL FT Vest US Equity Buffer ETF | 0.62% | 96,343 | $5.4M | Reduce -0.5% |
| IWM iShares Russell 2000 ETF | 0.62% | 21,712 | $5.3M | No change |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.62% | 40,386 | $5.3M | Add +1.8% |
| MRK Merck & Co. Inc. | 0.60% | 48,989 | $5.2M | Add +23.1% |
| USFR Wisdomtree Floating Rate Tre | 0.58% | 99,038 | $5.0M | Add +33.6% |
| JQUA JPMorgan US Quality Factor | 0.57% | 78,302 | $4.9M | Reduce -16.5% |
| AVDE Avantis International Equity | 0.56% | 59,161 | $4.9M | New |
| AIQ Global X Art Intel & Tech | 0.56% | 94,308 | $4.8M | Reduce -4.3% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.53% | 168,955 | $4.6M | Add +33.2% |
| AMGN Amgen Inc. | 0.53% | 13,975 | $4.6M | Add +811.6% |
| PLD Prologis Inc. | 0.52% | 35,476 | $4.5M | Add +0.8% |
| QCOM Qualcomm Inc. | 0.52% | 26,250 | $4.5M | Add +5.0% |
| ALL Allstate Corp. | 0.51% | 21,184 | $4.4M | Add +1.1% |
| IJH iShares Core S&P Midcap ETF | 0.50% | 65,733 | $4.3M | Reduce -3.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.49% | 8,369 | $4.2M | Reduce -2.2% |
| NXPI NXP Semiconductors NV | 0.48% | 19,162 | $4.2M | Add +7.7% |
| PNC PNC Financial Services Group | 0.48% | 19,922 | $4.2M | Reduce -0.1% |
| VCIT Vanguard Int-Term Corporate | 0.48% | 49,603 | $4.2M | Add +9.8% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.48% | 10,040 | $4.1M | Reduce -2.2% |
| CGMS Cap Group US Multi-Sect Bond | 0.47% | 147,313 | $4.1M | Add +13.2% |
| JCI Johnson Controls Internation | 0.47% | 33,789 | $4.0M | Reduce -14.4% |
| SDY SS SPDR S&P Dividend ETF | 0.47% | 28,997 | $4.0M | Reduce -0.0% |
| JPST JPMorgan Ultra-Short Income | 0.46% | 77,753 | $3.9M | Add +7.7% |
| FDEC FT Vest U.S. Equity Buffer E | 0.45% | 75,810 | $3.9M | Reduce -5.2% |
| CWI State Street SPDR MSCI Acwi | 0.44% | 105,651 | $3.8M | Add +1.5% |
| MDT Medtronic PLC | 0.43% | 38,876 | $3.7M | Reduce -3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 5,451 | $3.7M | Add +48.8% |
| SMLF iShares US Smallcap Equity F | 0.41% | 47,810 | $3.6M | Add +2.6% |
| EMR Emerson Electric Co. | 0.41% | 26,526 | $3.5M | Add +0.4% |
| GOVT iShares US Treasury Bond ETF | 0.40% | 150,098 | $3.5M | Add +7.3% |
| PEP Pepsico Inc. | 0.40% | 23,923 | $3.4M | Add +8.2% |
| TGT Target Corp. | 0.39% | 34,736 | $3.4M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.39% | 10,115 | $3.4M | Reduce -0.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.39% | 63,598 | $3.4M | Add +3.2% |
| META Meta Platforms Inc. Class A | 0.38% | 4,976 | $3.3M | Reduce -0.7% |
| BKLN Invesco Senior Loan ETF | 0.37% | 150,916 | $3.2M | Add +18.5% |
| V Visa Inc. Class A | 0.37% | 9,002 | $3.2M | Reduce -1.1% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.34% | 64,441 | $2.9M | Reduce -11.8% |
| GOOGL Alphabet Inc. Class A | 0.34% | 9,295 | $2.9M | Reduce -22.6% |
| QTUM Defiance Quantum ETF | 0.33% | 26,255 | $2.9M | Add +22.2% |
| AMZN Amazon.com Inc. | 0.33% | 12,439 | $2.9M | Reduce -5.6% |
| VOO Vanguard S&P 500 ETF | 0.32% | 4,430 | $2.8M | Reduce -5.0% |
| MA Mastercard Inc. Class A | 0.30% | 4,533 | $2.6M | Reduce -0.7% |
| IJR iShares Core S&P Small-Cap E | 0.29% | 20,659 | $2.5M | Reduce -1.2% |
| IVW iShares S&P 500 Growth ETF | 0.29% | 19,999 | $2.5M | Add +6.0% |
| VNQ Vanguard Real Estate ETF | 0.28% | 27,463 | $2.4M | Add +5.2% |
| GOOG Alphabet Inc. Class C | 0.28% | 7,699 | $2.4M | Reduce -9.2% |
| QQQJ Invesco Nasdaq Next Gen 100 | 0.27% | 62,950 | $2.3M | Reduce -1.6% |
| VTWO Vanguard Russell 2000 ETF | 0.25% | 22,090 | $2.2M | Reduce -2.6% |
| NFLX Netflix Inc. | 0.24% | 22,418 | $2.1M | Add +87.4% |
| CSCO Cisco Systems Inc. | 0.23% | 26,273 | $2.0M | Reduce -5.3% |
| ABBV Abbvie Inc. | 0.23% | 8,833 | $2.0M | Add +2.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 6,809 | $2.0M | Add +0.9% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.23% | 57,417 | $2.0M | Reduce -70.9% |
| DIVI Franklin International Core | 0.23% | 50,557 | $2.0M | Reduce -6.1% |
| RTX RTX Corp. | 0.22% | 10,592 | $1.9M | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.22% | 15,745 | $1.9M | Add +23.8% |
| CGMU Cap Group Municipal Income | 0.21% | 65,861 | $1.8M | Reduce -8.8% |
| JNJ Johnson & Johnson | 0.21% | 8,694 | $1.8M | Add +1.4% |
| KLAC KLA Corp. | 0.21% | 1,459 | $1.8M | Reduce -27.9% |
| PRGO Perrigo Co. PLC | 0.20% | 124,308 | $1.7M | Add +9.2% |
| MSI Motorola Solutions Inc. | 0.20% | 4,507 | $1.7M | New |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.20% | 20,758 | $1.7M | Add +1.9% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.20% | 49,838 | $1.7M | Reduce -0.3% |
| VYM Vanguard High DVD Yield ETF | 0.20% | 11,883 | $1.7M | Reduce -2.2% |
| VEA Vanguard Ftse Developed ETF | 0.20% | 27,099 | $1.7M | Reduce -1.8% |
| SPEM State Street SP PTF Em ETF | 0.20% | 36,034 | $1.7M | Add +2.5% |
| LLY Eli Lilly & Co. | 0.19% | 1,517 | $1.6M | Reduce -39.3% |
| KRE SS SPDR S&P Regional Bank | 0.19% | 25,054 | $1.6M | New |
Options reported separately and not counted above: NVDA calls ($2.1M), MU calls ($999K), PLTR calls ($747K), CRDO calls ($676K), SPY puts ($477K), GOOGL calls ($313K), LLY puts ($215K), RTX calls ($183K), NFLX calls ($141K), USAR calls ($90K), TSLA calls ($45K), AMD calls ($21K), and 3 more.
Portfolio Sells Q3 2025 → Q4 2025
| PYLD PIMCO Multisector Bond Actv | Reduce -18.1% | 3.12% | −0.82 |
| CGGO Cap Group Global Growth | Reduce -70.9% | 0.23% | −0.57 |
| EBAY eBay Inc. | Sold out | 0.00% | −0.52 |
| SCHG Schwab US Large-Cap Growth | Reduce -8.1% | 4.27% | −0.41 |
| CMCSA Comcast Corp. Class A | Reduce -76.3% | 0.09% | −0.33 |
| AVGO Broadcom Inc. | Reduce -25.3% | 0.92% | −0.29 |
| MSFT Microsoft Corp. | Reduce -15.8% | 0.75% | −0.23 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.19 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -5.2% | 3.11% | −0.19 |
| VST Vistra Corp. | Sold out | 0.00% | −0.16 |
| NVDA Nvidia Corp. | Reduce -14.8% | 0.74% | −0.15 |
| NTES Netease Inc.-ADR | Sold out | 0.00% | −0.15 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.15 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.14 |
| OIH Vaneck Oil Services ETF | Sold out | 0.00% | −0.14 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.14 |
| GRMN Garmin Ltd. | Reduce -76.8% | 0.03% | −0.14 |
| WMS Advanced Drainage Systems Inc. | Sold out | 0.00% | −0.13 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.13 |
| ETN Eaton Corp. PLC | Reduce -76.7% | 0.03% | −0.13 |
| JQUA JPMorgan US Quality Factor | Reduce -16.5% | 0.57% | −0.13 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.13 |
| IDXX Idexx Laboratories Inc. | Reduce -77.8% | 0.04% | −0.13 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.13 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.13 |
| CVX Chevron Corp. | Reduce -74.8% | 0.04% | −0.12 |
| PNR Pentair PLC | Sold out | 0.00% | −0.12 |
| XP XP Inc. Class A | Sold out | 0.00% | −0.12 |
| GLPI Gaming and Leisure Propertie | Sold out | 0.00% | −0.12 |
| LRCX Lam Research Corp. | Reduce -54.3% | 0.15% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -58.8% | 0.07% | −0.12 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.12 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.11 |
| RACE Ferrari NV | Sold out | 0.00% | −0.11 |
| FFLC Fidelity Fndmntl L/C Cor ETF | Reduce -3.5% | 2.84% | −0.11 |
| CNI Canadian Natl Railway Co. | Sold out | 0.00% | −0.11 |
| ABT Abbott Laboratories | Reduce -61.5% | 0.06% | −0.11 |
| GEN Gen Digital Inc. | Sold out | 0.00% | −0.11 |
| EXP Eagle Materials Inc. | Sold out | 0.00% | −0.11 |
| CTAS Cintas Corp. | Reduce -76.2% | 0.03% | −0.11 |
| LIN Linde PLC | Sold out | 0.00% | −0.11 |
| WHD Cactus Inc. Class A | Sold out | 0.00% | −0.10 |
| HLNE Hamilton Lane Inc. Class A | Sold out | 0.00% | −0.10 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.10 |
| APH Amphenol Corp. Class A | Reduce -39.9% | 0.18% | −0.10 |
| PAYX Paychex Inc. | Reduce -60.1% | 0.05% | −0.10 |
| JKHY Jack Henry & Associates Inc. | Sold out | 0.00% | −0.10 |
| TRI Thomson Reuters Corp. | Sold out | 0.00% | −0.09 |
| WU Western Union Co. | Sold out | 0.00% | −0.09 |
| AAPL Apple Inc. | Reduce -8.1% | 1.84% | −0.09 |
Portfolio Buys Q3 2025 → Q4 2025
| MINT PIMCO Enhanced Short Maturit | Add +228.5% | 1.33% | +0.91 |
| AVDE Avantis International Equity | New | 0.56% | +0.56 |
| AMGN Amgen Inc. | Add +811.6% | 0.53% | +0.48 |
| TGT Target Corp. | New | 0.39% | +0.39 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +24.5% | 1.32% | +0.23 |
| MSI Motorola Solutions Inc. | New | 0.20% | +0.20 |
| MRK Merck & Co. Inc. | Add +23.1% | 0.60% | +0.20 |
| IBDU iShares Ibonds Dec 2029 Term | Add +21.5% | 1.28% | +0.19 |
| KRE SS SPDR S&P Regional Bank | New | 0.19% | +0.19 |
| ALLE Allegion PLC | New | 0.16% | +0.16 |
| CNQ Canadian Natural Resources | New | 0.15% | +0.15 |
| PAC Grupo Aeroportuario Pac-ADR | New | 0.14% | +0.14 |
| EWBC East West Bancorp Inc. | New | 0.14% | +0.14 |
| SYF Synchrony Financial | New | 0.14% | +0.14 |
| DOV Dover Corp. | New | 0.14% | +0.14 |
| ACGL Arch Capital Group Ltd. | New | 0.14% | +0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +48.8% | 0.43% | +0.14 |
| AMAT Applied Materials Inc. | Add +306.7% | 0.17% | +0.14 |
| BAP Credicorp Ltd. | New | 0.14% | +0.14 |
| OMAB Grupo Aeroportuario Cen-ADR | New | 0.14% | +0.14 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +33.2% | 0.53% | +0.13 |
| AXP American Express Co. | New | 0.13% | +0.13 |
| WMB Williams Cos Inc. | New | 0.13% | +0.13 |
| USFR Wisdomtree Floating Rate Tre | Add +33.6% | 0.58% | +0.13 |
| FBP First Bancorp Puerto Rico | New | 0.13% | +0.13 |
| BHP BHP Group Ltd.-Spon ADR | New | 0.13% | +0.13 |
| MLI Mueller Industries Inc. | New | 0.13% | +0.13 |
| UTHR United Therapeutics Corp. | New | 0.13% | +0.13 |
| CHKP Check Point Software Tech | New | 0.12% | +0.12 |
| CINF Cincinnati Financial Corp. | New | 0.12% | +0.12 |
| QLYS Qualys Inc. | New | 0.12% | +0.12 |
| WAT Waters Corp. | New | 0.12% | +0.12 |
| EOG EOG Resources Inc. | New | 0.12% | +0.12 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.12% | +0.12 |
| VRSK Verisk Analytics Inc. | New | 0.12% | +0.12 |
| IT Gartner Inc. | New | 0.12% | +0.12 |
| NDSN Nordson Corp. | New | 0.12% | +0.12 |
| CSL Carlisle Cos Inc. | New | 0.12% | +0.12 |
| AMP Ameriprise Financial Inc. | New | 0.11% | +0.11 |
| SNA Snap-on Inc. | New | 0.11% | +0.11 |
| PHM Pultegroup Inc. | New | 0.11% | +0.11 |
| CPA Copa Holdings SA Class A | New | 0.11% | +0.11 |
| AWI Armstrong World Industries | New | 0.11% | +0.11 |
| URI United Rentals Inc. | New | 0.11% | +0.11 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.11% | +0.11 |
| BA The Boeing Co. | Add +298.1% | 0.14% | +0.10 |
| RMBS Rambus Inc. | New | 0.10% | +0.10 |
| ADP Automatic Data Processing | Add +430.9% | 0.13% | +0.10 |
| ANET Arista Networks Inc. | Add +246.2% | 0.15% | +0.10 |
| TCHP T Rowe Price Blue Chip Growt | New | 0.10% | +0.10 |
Options Activity Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | call | Sold out | 5,500 | $2.8Mbefore exit |
| NVDA Nvidia Corp. | call | Add +23.6% | 11,000 | $2.1M |
| META Meta Platforms Inc. Class A | call | Sold out | 2,000 | $1.5Mbefore exit |
| APP AppLovin Corp. Class A | call | Sold out | 1,600 | $1.1Mbefore exit |
| MU Micron Technology Inc. | call | Reduce -31.4% | 3,500 | $999K |
| PLTR Palantir Technologies Inc. Class A | call | Reduce -23.6% | 4,200 | $747K |
| CRDO Credo Technology Group Holdi | call | Reduce -49.5% | 4,700 | $676K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -36.4% | 700 | $477K |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 600 | $360Kbefore exit |
| GOOGL Alphabet Inc. Class A | call | Reduce -72.2% | 1,000 | $313K |
| CRWV Coreweave Inc. Class A | call | Sold out | 2,000 | $274Kbefore exit |
| LLY Eli Lilly & Co. | put | Add +100.0% | 200 | $215K |
| RTX RTX Corp. | call | Reduce -23.1% | 1,000 | $183K |
| NFLX Netflix Inc. | call | Reduce -86.4% | 1,500 | $141K |
| USAR USA Rare Earth Inc. | call | New | 7,600 | $90K |
| ORCL Oracle Corp. | call | Sold out | 200 | $56Kbefore exit |
| ADI Analog Devices Inc. | call | Sold out | 200 | $49Kbefore exit |
| TSLA Tesla Inc. | call | Reduce -50.0% | 100 | $45K |
| AMD Advanced Micro Devices | call | Reduce -95.2% | 100 | $21K |
| PACB Pacific Biosciences of Calif | call | New | 10,000 | $19K |
| TER Teradyne Inc. | call | Sold out | 100 | $14Kbefore exit |
| CCJ Cameco Corp. | call | New | 100 | $9K |
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 |