One Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), One Capital Management, LLC reported 408 stock positions worth $3.0 billion. Its top holding was iShares 5-10Y Inv Grade (IGIB) at 8.1% of the portfolio, followed by iShares National Muni Bond E (MUB, 4.5%) and Wisdomtree Intl QLTY DVD GRW (IQDG, 2.7%). Compared with Q4 2024, it opened 61 new positions, sold out of 24, added to 162 and reduced 153. The biggest buy was a new position in One Global ETF (FFND) and the biggest sale Schwab US Large-Cap Growth (SCHG, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- WESTLAKE VILLAGE, CA
- CIK
- 0001606588
- Portfolio Value
- $3.0B (Q1 2025)
- SEC Filing
- 0001606588-25-000004 ↗ filed May 14, 2025
Holdings Value
Holdings 408 stocks · $3.0B
| IGIB iShares 5-10Y Inv Grade Corp. | 8.11% | 4,561,937 | $239.6M | Add +0.3% |
| MUB iShares National Muni Bond E | 4.55% | 1,274,502 | $134.4M | Add +6.5% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 2.71% | 2,242,032 | $80.0M | Reduce -11.2% |
| DGRW Wisdomtree U.S. Quality Divi | 2.31% | 854,469 | $68.2M | Reduce -33.1% |
| USHY iShares Broad Usd High Yield | 2.14% | 1,714,716 | $63.1M | Add +3.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 2.09% | 1,182,222 | $61.9M | Reduce -1.2% |
| FTSL First Trust Senior Loan ETF | 2.05% | 1,324,825 | $60.5M | Add +30.4% |
| FFND One Global ETF | 1.92% | 2,281,134 | $56.8M | New |
| XCOR Fundx ETF | 1.85% | 835,759 | $54.7M | Reduce -7.3% |
| NVDA Nvidia Corp. | 1.67% | 454,724 | $49.3M | Add +17.5% |
| IWF iShares Russell 1000 Growth | 1.62% | 132,291 | $47.8M | Reduce -2.3% |
| IWY iShares Russell Top 200 Grow | 1.61% | 226,215 | $47.7M | Reduce -4.0% |
| XFLX Fundx Flexible ETF | 1.57% | 1,946,714 | $46.5M | Reduce -5.0% |
| XLG Invesco S&P 500 Top 50 ETF | 1.45% | 928,681 | $42.7M | Reduce -3.8% |
| JQUA JPMorgan US Quality Factor | 1.36% | 709,310 | $40.1M | Add +18.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.30% | 103,748 | $38.5M | Reduce -1.7% |
| IJT iShares S&P Small-Cap 600 GR | 1.30% | 308,506 | $38.4M | Reduce -5.6% |
| IWS iShares Russell Mid-Cap Valu | 1.29% | 303,559 | $38.2M | Reduce -5.7% |
| IWP iShares Russell Mid-Cap Grow | 1.29% | 324,457 | $38.1M | Reduce -6.8% |
| SPMO Invesco S&P 500 Momentum ETF | 1.29% | 411,623 | $38.1M | Add +8.1% |
| IJS iShares S&P Small-Cap 600 Va | 1.28% | 389,340 | $38.0M | Reduce -6.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.28% | 80,603 | $37.8M | Reduce -4.6% |
| TIP iShares Tips Bond ETF | 1.27% | 339,161 | $37.7M | Add +2.2% |
| MSFT Microsoft Corp. | 1.27% | 99,671 | $37.4M | Add +27.7% |
| VONG Vanguard Russell 1000 Growth | 1.25% | 399,205 | $37.0M | Reduce -5.8% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 1.18% | 173,855 | $35.0M | Reduce -10.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.05% | 624,098 | $31.0M | Add +0.4% |
| GBIL Goldman Sachs Access Treasur | 1.04% | 305,834 | $30.6M | Add +3.0% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 1.02% | 97,582 | $30.1M | Reduce -1.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.95% | 307,356 | $28.2M | Add +16.1% |
| OEF iShares S&P 100 ETF | 0.95% | 103,432 | $28.0M | Add +45.4% |
| FDL First Trust Morn DVD Lead Inc. | 0.94% | 642,365 | $27.9M | New |
| DGRE Wisdomtree Emerging Markets | 0.93% | 1,130,942 | $27.5M | Reduce -7.7% |
| IVV iShares Core S&P 500 ETF | 0.92% | 48,324 | $27.2M | Add +0.1% |
| FFLS Future Fund Long/Short ETF | 0.89% | 1,126,037 | $26.3M | Add +3.2% |
| SCZ iShares MSCI Eafe Small-Cap | 0.83% | 387,510 | $24.6M | Reduce -41.0% |
| META Meta Platforms Inc. Class A | 0.78% | 39,757 | $22.9M | Add +1.5% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.75% | 489,070 | $22.0M | Reduce -6.7% |
| DFAI Dimensional International Co. | 0.72% | 684,015 | $21.4M | Add +62.1% |
| GOOG Alphabet Inc. Class C | 0.68% | 129,307 | $20.2M | Add +10.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.66% | 55,532 | $19.6M | Reduce -1.0% |
| XRLX Fundx Conservative ETF | 0.64% | 457,664 | $19.0M | Reduce -5.3% |
| SCHG Schwab US Large-Cap Growth | 0.59% | 700,495 | $17.5M | Reduce -66.9% |
| EFV iShares MSCI Eafe Value ETF | 0.55% | 278,249 | $16.4M | Add +5832.8% |
| V Visa Inc. Class A | 0.55% | 46,560 | $16.3M | Reduce -0.0% |
| SPHY SS SPDR P High Yield ETF | 0.54% | 684,280 | $16.0M | Add +1.3% |
| JPM JPMorgan Chase & Co. | 0.53% | 63,802 | $15.7M | Add +0.2% |
| JNK SS SPDR BB High Yield Bond | 0.52% | 162,512 | $15.5M | Add +1.9% |
| CRM Salesforce Inc. | 0.51% | 56,251 | $15.1M | Add +3.3% |
| WMT Walmart Inc. | 0.50% | 169,862 | $14.9M | Reduce -0.6% |
| SUB iShares Short-Term National | 0.50% | 138,811 | $14.7M | Add +4.7% |
| VOO Vanguard S&P 500 ETF | 0.49% | 28,233 | $14.5M | Reduce -9.9% |
| HD Home Depot Inc. | 0.48% | 39,091 | $14.3M | Add +3.7% |
| REET iShares Global REIT ETF | 0.47% | 573,949 | $13.9M | Add +0.1% |
| CVX Chevron Corp. | 0.47% | 82,996 | $13.9M | Add +4.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.46% | 167,823 | $13.5M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 0.45% | 112,859 | $13.4M | Add +5.5% |
| CI The Cigna Group | 0.44% | 39,482 | $13.0M | Add +0.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 46,727 | $12.8M | Add +1.9% |
| RPM RPM International Inc. | 0.41% | 105,445 | $12.2M | Add +5.7% |
| DFAS Dimensional US Small Cap ETF | 0.41% | 202,473 | $12.1M | Add +35.4% |
| CSCO Cisco Systems Inc. | 0.40% | 190,496 | $11.8M | Reduce -0.2% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.40% | 124,654 | $11.7M | Add +38.3% |
| JNJ Johnson & Johnson | 0.39% | 69,972 | $11.6M | Add +1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.39% | 20,526 | $11.5M | Reduce -2.3% |
| KRE SS SPDR S&P Regional Bank | 0.39% | 201,752 | $11.5M | Add +0.7% |
| C Citigroup Inc. | 0.39% | 160,656 | $11.4M | Reduce -1.9% |
| USIG iShares Broad Usd Investment | 0.37% | 213,632 | $10.9M | Reduce -17.1% |
| ADBE Adobe Inc. | 0.36% | 27,470 | $10.5M | Add +19.9% |
| GD General Dynamics Corp. | 0.35% | 38,339 | $10.5M | Add +9.9% |
| MRK Merck & Co. Inc. | 0.35% | 116,346 | $10.4M | Add +14.6% |
| EFA iShares MSCI Eafe ETF | 0.35% | 126,681 | $10.4M | Reduce -3.8% |
| MET Metlife Inc. | 0.34% | 126,866 | $10.2M | Add +1.7% |
| DD Dupont DE Nemours Inc. | 0.34% | 135,607 | $10.1M | Add +7.5% |
| AOR iShares Core 60/40 Balanced | 0.34% | 174,297 | $10.0M | Add +10.4% |
| COST Costco Wholesale Corp. | 0.34% | 10,603 | $10.0M | Add +2.0% |
| SAP Sap SE-Sponsored ADR | 0.33% | 36,370 | $9.8M | Reduce -9.2% |
| TAXX BBLX Irm Tax-Aware S Dur ETF | 0.32% | 188,058 | $9.5M | Add +5.9% |
| REGN Regeneron Pharmaceuticals | 0.32% | 14,823 | $9.4M | Add +18.7% |
| D Dominion Energy Inc. | 0.32% | 166,208 | $9.3M | Add +7.5% |
| HYLS FT Tactical High Yield ETF | 0.31% | 223,564 | $9.2M | Reduce -4.4% |
| DBND Doubleline Oppor Cor BND-Usd | 0.30% | 192,983 | $8.9M | Reduce -8.6% |
| DHI D.R. Horton Inc. | 0.29% | 68,164 | $8.7M | Add +16.3% |
| TGT Target Corp. | 0.29% | 81,713 | $8.5M | Add +21.0% |
| TSLA Tesla Inc. | 0.29% | 32,895 | $8.5M | Add +197.9% |
| T AT&T Inc. | 0.29% | 298,509 | $8.4M | Reduce -36.5% |
| PFE Pfizer Inc. | 0.28% | 325,386 | $8.2M | Add +7.9% |
| XYLD Global X S&P 500 Cove Call E | 0.28% | 207,847 | $8.2M | Reduce -4.7% |
| XNAV Fundx Aggressive ETF | 0.28% | 125,661 | $8.2M | Reduce -7.0% |
| ENB Enbridge Inc. | 0.28% | 183,837 | $8.1M | New |
| JBBB Janus Henderson B-BBB Clo Et | 0.27% | 165,396 | $8.0M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 45,901 | $7.6M | Add +8.3% |
| ASML ASML Holding NV-NY Reg SHS | 0.26% | 11,432 | $7.6M | Add +1.9% |
| PG The Procter & Gamble Co. | 0.25% | 44,041 | $7.5M | Reduce -34.4% |
| UL Unilever PLC | 0.25% | 125,428 | $7.5M | Reduce -1.7% |
| IWO iShares Russell 2000 Growth | 0.25% | 28,349 | $7.2M | Reduce -0.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.24% | 108,028 | $7.1M | Add +8.3% |
| IWN iShares Russell 2000 Value E | 0.24% | 46,425 | $7.0M | Add +3.8% |
| IJR iShares Core S&P Small-Cap E | 0.22% | 61,399 | $6.4M | Reduce -33.4% |
| F Ford Motor Co. filed as FORD MTR CO | 0.21% | 619,331 | $6.2M | New |
Other holdings (3): bonds, preferreds, convertibles and warrants · $2.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 22,892 | $1.0M | Reduce -8.8% |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 53,943 | $925K | New |
| PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) | 6.3 CUM PFD SR F | 38,626 | $676K | New |
Total filed on the 13F, all lines: $3.0B.
Portfolio Sells Q4 2024 → Q1 2025
| SCHG Schwab US Large-Cap Growth | Reduce -66.9% | 0.59% | −1.36 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -33.1% | 2.31% | −1.11 |
| RPG Invesco S&P 500 Pure Growth | Sold out | 0.00% | −0.70 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -97.3% | 0.02% | −0.69 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.50 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -41.0% | 0.83% | −0.49 |
| XCOR Fundx ETF | Reduce -7.3% | 1.85% | −0.29 |
| PGX Invesco Preferred ETF | Reduce -94.3% | 0.02% | −0.28 |
| IWY iShares Russell Top 200 Grow | Reduce -4.0% | 1.61% | −0.22 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -6.5% | 1.28% | −0.21 |
| VONG Vanguard Russell 1000 Growth | Reduce -5.8% | 1.25% | −0.20 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -10.7% | 1.18% | −0.19 |
| IWF iShares Russell 1000 Growth | Reduce -2.3% | 1.62% | −0.18 |
| SMH Vaneck Semiconductor ETF | Reduce -47.6% | 0.16% | −0.18 |
| IWP iShares Russell Mid-Cap Grow | Reduce -6.8% | 1.29% | −0.17 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -5.6% | 1.30% | −0.17 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Reduce -11.2% | 2.71% | −0.15 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.6% | 1.28% | −0.15 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -3.8% | 1.45% | −0.15 |
| XMMO Invesco S&P Midcap Momentum | Sold out | 0.00% | −0.15 |
| IJR iShares Core S&P Small-Cap E | Reduce -33.4% | 0.22% | −0.13 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.7% | 1.30% | −0.13 |
| GNOM Global X Genomics & Biotechn | Reduce -47.1% | 0.10% | −0.13 |
| PG The Procter & Gamble Co. | Reduce -34.4% | 0.25% | −0.12 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.8% | 1.02% | −0.11 |
| PKW Invesco Buyback Achievers Et | Sold out | 0.00% | −0.11 |
| IWR iShares Russell Mid-Cap ETF | Reduce -51.4% | 0.09% | −0.10 |
| DFAE Dimensional Emerging Core Eq | Reduce -82.6% | 0.02% | −0.09 |
| SCHC Schwab Intl Small-Cap Equity | Reduce -47.1% | 0.12% | −0.09 |
| XSMO Invesco S&P Smallcap Momentu | Sold out | 0.00% | −0.09 |
| PHG Koninklijke Philips NVR- NY | Reduce -39.2% | 0.14% | −0.09 |
| DGRE Wisdomtree Emerging Markets | Reduce -7.7% | 0.93% | −0.08 |
| IWS iShares Russell Mid-Cap Valu | Reduce -5.7% | 1.29% | −0.08 |
| CORP PIMCO Inv Grade Corp. BD ETF | Sold out | 0.00% | −0.08 |
| IRM Iron Mountain Inc. | Reduce -33.0% | 0.10% | −0.08 |
| T AT&T Inc. | Reduce -36.5% | 0.29% | −0.07 |
| VOO Vanguard S&P 500 ETF | Reduce -9.9% | 0.49% | −0.07 |
| AGG iShares Core U.S. Aggregate | Reduce -39.8% | 0.10% | −0.06 |
| USIG iShares Broad Usd Investment | Reduce -17.1% | 0.37% | −0.06 |
| XRLX Fundx Conservative ETF | Reduce -5.3% | 0.64% | −0.06 |
| SBUX Starbucks Corp. | Reduce -33.7% | 0.14% | −0.05 |
| XFLX Fundx Flexible ETF | Reduce -5.0% | 1.57% | −0.05 |
| SPG Simon Property Group Inc. | Sold out | 0.00% | −0.05 |
| IGM iShares Expanded Tech Sector | Reduce -33.9% | 0.07% | −0.05 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -6.7% | 0.75% | −0.05 |
| XNAV Fundx Aggressive ETF | Reduce -7.0% | 0.28% | −0.04 |
| ILCG iShares Morningstar Growth E | Reduce -13.1% | 0.15% | −0.04 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Reduce -17.2% | 0.13% | −0.04 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.03 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.2% | 0.46% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| FFND One Global ETF | New | 1.92% | +1.92 |
| FDL First Trust Morn DVD Lead Inc. | New | 0.94% | +0.94 |
| EFV iShares MSCI Eafe Value ETF | Add +5832.8% | 0.55% | +0.55 |
| FTSL First Trust Senior Loan ETF | Add +30.4% | 2.05% | +0.49 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +0.3% | 8.11% | +0.35 |
| MUB iShares National Muni Bond E | Add +6.5% | 4.55% | +0.33 |
| DFAI Dimensional International Co. | Add +62.1% | 0.72% | +0.31 |
| ENB Enbridge Inc. | New | 0.28% | +0.28 |
| JBBB Janus Henderson B-BBB Clo Et | New | 0.27% | +0.27 |
| OEF iShares S&P 100 ETF | Add +45.4% | 0.95% | +0.27 |
| JQUA JPMorgan US Quality Factor | Add +18.1% | 1.36% | +0.22 |
| F Ford Motor Co. | New | 0.21% | +0.21 |
| MSFT Microsoft Corp. | Add +27.7% | 1.27% | +0.18 |
| DHS Wisdomtree US High Dividend | New | 0.17% | +0.17 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +16.1% | 0.95% | +0.15 |
| TSLA Tesla Inc. | Add +197.9% | 0.29% | +0.14 |
| COWG Pacer US LRG Cap Cows GR LD | New | 0.13% | +0.13 |
| FEZ State Street SPDR Euro Stoxx | New | 0.12% | +0.12 |
| USHY iShares Broad Usd High Yield | Add +3.5% | 2.14% | +0.12 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Add +38.3% | 0.40% | +0.12 |
| FTHI Fthi/First Trust Exchange-TR | Add +132.1% | 0.20% | +0.11 |
| TIP iShares Tips Bond ETF | Add +2.2% | 1.27% | +0.10 |
| FXI iShares China Large-Cap ETF | New | 0.10% | +0.10 |
| IEV iShares Europe ETF | New | 0.09% | +0.09 |
| GLD SPDR Gold Shares | Add +126.9% | 0.14% | +0.09 |
| SPMO Invesco S&P 500 Momentum ETF | Add +8.1% | 1.29% | +0.09 |
| CVX Chevron Corp. | Add +4.2% | 0.47% | +0.09 |
| DFAS Dimensional US Small Cap ETF | Add +35.4% | 0.41% | +0.09 |
| CI The Cigna Group | Add +0.4% | 0.44% | +0.08 |
| XOM Exxon Mobil Corp. | Add +5.5% | 0.45% | +0.07 |
| JNJ Johnson & Johnson | Add +1.5% | 0.39% | +0.06 |
| FFLS Future Fund Long/Short ETF | Add +3.2% | 0.89% | +0.06 |
| EWG iShares MSCI Germany ETF | New | 0.06% | +0.06 |
| MTUM iShares MSCI USA Momentum Fa | Add +115.3% | 0.11% | +0.06 |
| DFCA Dimensional Calfornia MB ETF | Add +245.3% | 0.08% | +0.06 |
| GBIL Goldman Sachs Access Treasur | Add +3.0% | 1.04% | +0.05 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +236.4% | 0.08% | +0.05 |
| IAI iShares U.S. Broker-Dealers | New | 0.05% | +0.05 |
| GD General Dynamics Corp. | Add +9.9% | 0.35% | +0.05 |
| SUSB iShares ESG Aware 1-5 Year U | Add +88.8% | 0.10% | +0.05 |
| AOR iShares Core 60/40 Balanced | Add +10.4% | 0.34% | +0.04 |
| D Dominion Energy Inc. | Add +7.5% | 0.32% | +0.04 |
| AOM iShares Core 40/60 Moderate | Add +61.8% | 0.10% | +0.04 |
| CNQ Canadian Natural Resources | New | 0.04% | +0.04 |
| EZU iShares MSCI Eurozone ETF | New | 0.04% | +0.04 |
| SCHB Schwab US Broad Market ETF | Add +47.6% | 0.12% | +0.04 |
| ESGD iShares Trust iShares ESG Aw | Add +44.9% | 0.09% | +0.03 |
| SU Suncor Energy Inc. | New | 0.03% | +0.03 |
| PM Philip Morris International | Add +15.5% | 0.10% | +0.03 |
| HEZU iShares Currency Hedged MSCI | New | 0.03% | +0.03 |
Notes & Other Activity Q4 2024 → Q1 2025
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Reduce -8.8% | 22,892 | $1.0M |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | New | 53,943 | $925K |
| PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) | 6.3 CUM PFD SR F | New | 38,626 | $676K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 518 | $3.6B | IGIB, MUB, FFOX, DFAI, NVDA |
| Q1 2026 | 520 | $3.6B | IGIB, MUB, FFOX, DFAI, NVDA |
| Q4 2025 | 518 | $3.3B | IGIB, MUB, FFOX, DFAI, NVDA |
| Q3 2025 | 480 | $3.1B | IGIB, MUB, FFOX, NVDA, DFAI |
| Q2 2025 | 464 | $2.9B | IGIB, MUB, FFOX, NVDA, IQDG |
| Q1 2025 | 408 | $3.0B | IGIB, MUB, IQDG, DGRW, USHY |
| Q4 2024 | 371 | $3.0B | IGIB, MUB, DGRW, IQDG, XCOR |
| Q3 2024 | 374 | $3.1B | IGIB, MUB, DGRW, IQDG, XCOR |
| Q2 2024 | 374 | $2.9B | IGIB, MUB, DGRW, IQDG, QQQ |
| Q1 2024 | 302 | $2.8B | IGIB, MUB, DGRW, IQDG, IGSB |