Orion Capital Management LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 18, 2026), Orion Capital Management LLC reported 504 stock positions worth $321.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 8.3% of the portfolio, followed by Janus Henderson Aaa Clo ETF (JAAA, 8.2%) and iShares 0-3 Month Treasury B (SGOV, 7.8%). Compared with Q1 2026, it opened 46 new positions, sold out of 25, added to 93 and reduced 89. The biggest buy was JPMorgan Ultra-Short Income (JPST, shares +2113%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- CORONADO, CA
- CIK
- 0001846758
- Portfolio Value
- $321.9M (Q2 2026)
- SEC Filing
- 0001846758-26-000003 ↗ filed Aug 18, 2026
Holdings Value
Holdings 504 stocks · $321.9M
| IVV iShares Core S&P 500 ETF | 8.27% | 35,555 | $26.6M | Reduce -3.1% |
| JAAA Janus Henderson Aaa Clo ETF | 8.16% | 520,220 | $26.3M | Add +11.2% |
| SGOV iShares 0-3 Month Treasury B | 7.80% | 249,387 | $25.1M | Reduce -29.3% |
| AVUS Avantis U.S. Equity ETF | 5.49% | 138,104 | $17.7M | Add +4.4% |
| AAPL Apple Inc. | 4.01% | 44,626 | $12.9M | Reduce -0.7% |
| DSTL Distillate US Fundamental St | 3.21% | 172,714 | $10.3M | Reduce -3.1% |
| AVDE Avantis International Equity | 2.90% | 104,491 | $9.3M | Add +26.3% |
| VIG Vanguard Dividend Apprec ETF | 2.68% | 36,457 | $8.6M | Reduce -4.7% |
| GOOG Alphabet Inc. Class C | 2.43% | 22,133 | $7.8M | Reduce -0.5% |
| JPST JPMorgan Ultra-Short Income | 2.17% | 138,036 | $7.0M | Add +2113.2% |
| AVUV Avantis US Small Cap Value | 2.00% | 51,585 | $6.4M | Add +6.2% |
| AMZN Amazon.com Inc. | 1.97% | 26,553 | $6.3M | Reduce -2.1% |
| RSP Invesco S&P 500 Equal Weight | 1.92% | 29,090 | $6.2M | Add +0.4% |
| NVDA Nvidia Corp. | 1.39% | 22,346 | $4.5M | Add +4.0% |
| DFAC Dimensional US Core Equity 2 | 1.30% | 94,423 | $4.2M | Reduce -0.8% |
| MSFT Microsoft Corp. | 1.24% | 10,682 | $4.0M | Reduce -1.9% |
| AVLV Avantis US Large Cap Value | 1.23% | 43,377 | $4.0M | Add +11.4% |
| VYM Vanguard High DVD Yield ETF | 1.17% | 23,780 | $3.8M | Reduce -1.3% |
| ISRG Intuitive Surgical Inc. | 1.12% | 9,071 | $3.6M | Reduce -0.4% |
| AMD Advanced Micro Devices | 1.03% | 5,726 | $3.3M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.96% | 8,619 | $3.1M | Reduce -1.4% |
| SCHD Schwab US DVD Equity ETF | 0.95% | 96,008 | $3.0M | Reduce -14.7% |
| AVDV Avantis Intl S/C Value ETF | 0.94% | 29,243 | $3.0M | Add +15.5% |
| BE Bloom Energy Corp. Class A | 0.90% | 9,606 | $2.9M | Reduce -10.1% |
| JPM JPMorgan Chase & Co. | 0.82% | 8,024 | $2.6M | No change |
| ORLY O'reilly Automotive Inc. | 0.76% | 26,646 | $2.5M | Reduce -0.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.76% | 27,856 | $2.4M | Add +209.3% |
| COST Costco Wholesale Corp. | 0.68% | 2,336 | $2.2M | Reduce -0.5% |
| FTNT Fortinet Inc. | 0.65% | 13,705 | $2.1M | Reduce -0.1% |
| ABBV Abbvie Inc. | 0.64% | 8,139 | $2.0M | Add +0.1% |
| IJH iShares Core S&P Midcap ETF | 0.62% | 25,780 | $2.0M | Reduce -3.7% |
| VNQ Vanguard Real Estate ETF | 0.61% | 20,524 | $2.0M | Add +3.4% |
| ETN Eaton Corp. PLC | 0.60% | 4,524 | $1.9M | No change |
| QCOM Qualcomm Inc. | 0.57% | 9,884 | $1.8M | Reduce -6.9% |
| PJAN Innovator U.S. Equity Power | 0.57% | 36,898 | $1.8M | Reduce -0.1% |
| AVEM Avantis Emerging Markets Eq | 0.53% | 17,699 | $1.7M | Add +39.8% |
| ICSH iShares Ultra Short Duration | 0.52% | 33,167 | $1.7M | New |
| LLY Eli Lilly & Co. | 0.52% | 1,396 | $1.7M | Reduce -0.4% |
| PAUG Innovator U.S. Equity Power | 0.49% | 34,915 | $1.6M | No change |
| XBAP Innovator US Eqy Accel 9 Buf | 0.48% | 36,891 | $1.5M | Add +0.2% |
| MS Morgan Stanley | 0.48% | 7,350 | $1.5M | Reduce -4.0% |
| AVIG Avantis Core Fixed Income | 0.46% | 35,372 | $1.5M | Add +17.9% |
| VEEV Veeva Systems Inc. Class A | 0.44% | 7,910 | $1.4M | Reduce -2.5% |
| MRVL Marvell Technology Inc. | 0.43% | 4,604 | $1.4M | Add +4.6% |
| DELL Dell Technologies -C | 0.41% | 3,079 | $1.3M | Reduce -2.2% |
| MU Micron Technology Inc. | 0.40% | 1,125 | $1.3M | New |
| JNJ Johnson & Johnson | 0.40% | 5,098 | $1.3M | No change |
| POCT Innovator U.S. Equity Power | 0.38% | 26,604 | $1.2M | Reduce -2.8% |
| SPSB SS SPDR P St C Corp. ETF | 0.38% | 40,991 | $1.2M | Add +10.6% |
| FSLR First Solar Inc. | 0.38% | 5,170 | $1.2M | No change |
| RTX RTX Corp. | 0.37% | 6,362 | $1.2M | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 0.35% | 7,660 | $1.1M | Reduce -1.8% |
| V Visa Inc. Class A | 0.35% | 3,238 | $1.1M | Reduce -9.4% |
| QQQM Invesco Nasdaq 100 ETF | 0.33% | 3,470 | $1.1M | Reduce -3.7% |
| COF Capital One Financial Corp. | 0.32% | 5,185 | $1.0M | Add +9.5% |
| BAC Bank of America Corp. | 0.32% | 18,136 | $1.0M | Reduce -5.2% |
| MRK Merck & Co. Inc. | 0.32% | 7,922 | $1.0M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.31% | 1,449 | $995K | Add +15.8% |
| PNOV Innovator U.S. Equity Power | 0.31% | 22,212 | $985K | Reduce -0.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.31% | 2,657 | $983K | Add +7.0% |
| PJUL Innovator U.S. Equity Power | 0.30% | 19,757 | $964K | No change |
| PDEC Innovator U.S. Equity Power | 0.30% | 20,984 | $963K | No change |
| PFEB Innovator U.S. Equity Power | 0.28% | 20,624 | $888K | No change |
| NFLX Netflix Inc. | 0.27% | 12,190 | $870K | Add +0.8% |
| DFSU Dimensional US Sus CORE1 ETF | 0.27% | 18,637 | $869K | Add +0.2% |
| BLK BlackRock Inc. | 0.27% | 892 | $858K | Reduce -6.5% |
| ANET Arista Networks Inc. | 0.26% | 4,838 | $822K | Reduce -1.6% |
| AVSU Avantis Resp US Equity ETF | 0.25% | 9,238 | $818K | Add +0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 2,791 | $785K | Reduce -11.9% |
| CAT Caterpillar Inc. | 0.24% | 735 | $783K | Add +4.3% |
| AVGO Broadcom Inc. | 0.24% | 2,061 | $779K | Add +16.8% |
| PMAR Innovator U.S. Equity Power | 0.24% | 16,261 | $777K | No change |
| UBER Uber Technologies Inc. | 0.24% | 10,612 | $766K | Add +1.1% |
| AMGN Amgen Inc. | 0.23% | 2,053 | $743K | No change |
| BKNG Booking Holdings Inc. | 0.22% | 3,920 | $699K | Add +63.3% |
| HD Home Depot Inc. | 0.21% | 1,947 | $687K | No change |
| ALNY Alnylam Pharmaceuticals Inc. | 0.20% | 2,155 | $649K | Reduce -24.5% |
| EXPE Expedia Group Inc. | 0.19% | 2,365 | $605K | No change |
| PAPR Innovator U.S. Equity Power | 0.19% | 14,145 | $597K | No change |
| PJUN Innovator U.S. Equity Power | 0.18% | 13,370 | $578K | Reduce -2.9% |
| BJAN Innovator U.S. Equity Buffer | 0.18% | 9,660 | $569K | No change |
| CRM Salesforce Inc. | 0.17% | 3,447 | $540K | Reduce -6.5% |
| XBJL Inn US Eq Acc 9 Buff July | 0.16% | 13,157 | $526K | Add +6.0% |
| DFUV Dimensional US Marketwide Va | 0.16% | 9,189 | $505K | No change |
| IWF iShares Russell 1000 Growth | 0.16% | 4,040 | $502K | Reduce -0.2% |
| PMAY Innovator U.S. Equity Power | 0.16% | 12,099 | $500K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.15% | 2,201 | $480K | Reduce -1.5% |
| PM Philip Morris International | 0.15% | 2,613 | $473K | Add +0.2% |
| BA The Boeing Co. | 0.15% | 2,183 | $473K | Add +1.9% |
| RMD Resmed Inc. | 0.14% | 2,360 | $460K | No change |
| ARLO Arlo Technologies Inc. | 0.14% | 32,660 | $440K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 877 | $439K | No change |
| CWB SS SPDR BB Conv Sec ETF | 0.13% | 4,000 | $431K | No change |
| BMAR Innovator U.S. Equity Buffer | 0.13% | 7,430 | $428K | No change |
| GLD SPDR Gold Shares | 0.13% | 1,130 | $416K | Add +15.3% |
| BMAY Innovator U.S. Equity Buffer | 0.13% | 8,500 | $402K | Reduce -2.3% |
| LMT Lockheed Martin Corp. | 0.12% | 781 | $398K | Add +0.1% |
| MCD McDonald's Corp. | 0.12% | 1,463 | $395K | Add +0.1% |
| PSEP Innovator U.S. Equity Power | 0.12% | 8,415 | $388K | Reduce -3.5% |
| CME Cme Group Inc. | 0.12% | 1,727 | $381K | Add +1.8% |
Options reported separately and not counted above: BLOOM ENERGY CORP calls ($757K), ADVANCED MICRO DEVICES INC calls ($290K), ASML HLDG NV CALL JUL 1900 calls ($199K), LAM RESEARCH CORP calls ($130K), PALO ALTO NETWORKS INC calls ($68K), APPLE INC calls ($58K), ARISTA NETWORKS INC calls ($51K).
Portfolio Sells Q1 2026 → Q2 2026
| SGOV iShares 0-3 Month Treasury B | Reduce -29.3% | 7.80% | −4.46 |
| PLTR Palantir Technologies Inc. Class A | Reduce -94.6% | 0.04% | −1.03 |
| DSTL Distillate US Fundamental St | Reduce -3.1% | 3.21% | −0.35 |
| ISRG Intuitive Surgical Inc. | Reduce -0.4% | 1.12% | −0.33 |
| SCHD Schwab US DVD Equity ETF | Reduce -14.7% | 0.95% | −0.25 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.7% | 2.68% | −0.16 |
| MSFT Microsoft Corp. | Reduce -1.9% | 1.24% | −0.15 |
| COST Costco Wholesale Corp. | Reduce -0.5% | 0.68% | −0.13 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -24.5% | 0.20% | −0.12 |
| TMUS T-Mobile US Inc. | Reduce -34.4% | 0.10% | −0.11 |
| USB US Bancorp | Reduce -55.0% | 0.09% | −0.11 |
| ORLY O'reilly Automotive Inc. | Reduce -0.7% | 0.76% | −0.09 |
| INTUITIVE SURGICAL INC | Sold out | 0.00% | −0.08 |
| CRM Salesforce Inc. | Reduce -6.5% | 0.17% | −0.07 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.3% | 1.17% | −0.06 |
| O Realty Income Corp. | Reduce -85.3% | 0.01% | −0.06 |
| VEEV Veeva Systems Inc. Class A | Reduce -2.5% | 0.44% | −0.06 |
| TTD Trade Desk Inc./the Class A | Reduce -7.9% | 0.10% | −0.05 |
| BLK BlackRock Inc. | Reduce -6.5% | 0.27% | −0.05 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.04 |
| ADBE Adobe Inc. | Reduce -30.9% | 0.04% | −0.04 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -26.6% | 0.09% | −0.03 |
| V Visa Inc. Class A | Reduce -9.4% | 0.35% | −0.03 |
| ABT Abbott Laboratories | Reduce -21.4% | 0.04% | −0.03 |
| POCT Innovator U.S. Equity Power | Reduce -2.8% | 0.38% | −0.02 |
| LAM RESEARCH CORP | Sold out | 0.00% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -11.9% | 0.24% | −0.02 |
| PJAN Innovator U.S. Equity Power | Reduce -0.1% | 0.57% | −0.02 |
| TJX TJX Companies Inc. | Reduce -0.2% | 0.12% | −0.02 |
| AON Aon PLC Class A | Sold out | 0.00% | −0.02 |
| PJUN Innovator U.S. Equity Power | Reduce -2.9% | 0.18% | −0.02 |
| BRO Brown & Brown Inc. | Sold out | 0.00% | −0.02 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -13.0% | 0.07% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -24.5% | 0.04% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -29.7% | 0.02% | −0.02 |
| EMN Eastman Chemical Co. | Sold out | 0.00% | −0.01 |
| PALO ALTO NETWORKS INC | Sold out | 0.00% | −0.01 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.01 |
| QUAL iShares MSCI USA Quality Fac | Reduce -18.4% | 0.06% | −0.01 |
| XYL Xylem Inc. | Reduce -42.5% | 0.01% | −0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -21.2% | 0.06% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -39.3% | 0.01% | −0.01 |
| PNOV Innovator U.S. Equity Power | Reduce -0.9% | 0.31% | −0.01 |
| BMAY Innovator U.S. Equity Buffer | Reduce -2.3% | 0.13% | −0.01 |
| PSEP Innovator U.S. Equity Power | Reduce -3.5% | 0.12% | −0.01 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −0.01 |
| NKE Nike Inc. Class B | Reduce -8.7% | 0.01% | −0.01 |
| S Sentinelone Inc. Class A | Reduce -57.1% | 0.01% | −0.01 |
| CDW CDW Corp. | Sold out | 0.00% | −0.01 |
| J Jacobs Solutions Inc. | Reduce -60.0% | 0.00% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| JPST JPMorgan Ultra-Short Income | Add +2113.2% | 2.17% | +2.06 |
| AMD Advanced Micro Devices | Add +0.2% | 1.03% | +0.63 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +209.3% | 0.76% | +0.52 |
| ICSH iShares Ultra Short Duration | New | 0.52% | +0.52 |
| AVDE Avantis International Equity | Add +26.3% | 2.90% | +0.47 |
| AVUS Avantis U.S. Equity ETF | Add +4.4% | 5.49% | +0.42 |
| MU Micron Technology Inc. | New | 0.40% | +0.40 |
| MRVL Marvell Technology Inc. | Add +4.6% | 0.43% | +0.28 |
| AVEM Avantis Emerging Markets Eq | Add +39.8% | 0.53% | +0.18 |
| AVUV Avantis US Small Cap Value | Add +6.2% | 2.00% | +0.15 |
| AVLV Avantis US Large Cap Value | Add +11.4% | 1.23% | +0.15 |
| AVUQ Avantis US Quality Eq ETF | Add +24600.0% | 0.10% | +0.10 |
| NVDA Nvidia Corp. | Add +4.0% | 1.39% | +0.10 |
| BKNG Booking Holdings Inc. | Add +63.3% | 0.22% | +0.08 |
| CAT Caterpillar Inc. | Add +4.3% | 0.24% | +0.07 |
| AVDV Avantis Intl S/C Value ETF | Add +15.5% | 0.94% | +0.06 |
| INTC Intel Corp. | Add +100.7% | 0.08% | +0.06 |
| AVGO Broadcom Inc. | Add +16.8% | 0.24% | +0.05 |
| LRCX Lam Research Corp. | Add +9.5% | 0.11% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +15.8% | 0.31% | +0.05 |
| BBUS JPMorgan Betabuilders US Equ | New | 0.04% | +0.04 |
| FN Fabrinet | Add +70.9% | 0.08% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +7.0% | 0.31% | +0.03 |
| IGV iShares Expanded Tech-Softwa | New | 0.03% | +0.03 |
| XLK SS Technology Select Sector | Add +242.8% | 0.04% | +0.03 |
| BDYN iShares DYN Act ETF | New | 0.03% | +0.03 |
| AIS Vistashares Ais ETF | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | Add +0.1% | 0.64% | +0.03 |
| OUST Ouster Inc. | Add +195.7% | 0.03% | +0.03 |
| JAAA Janus Henderson Aaa Clo ETF | Add +11.2% | 8.16% | +0.03 |
| COF Capital One Financial Corp. | Add +9.5% | 0.32% | +0.03 |
| AVIG Avantis Core Fixed Income | Add +17.9% | 0.46% | +0.02 |
| GM General Motors Co. | Add +1234.6% | 0.03% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +158.7% | 0.04% | +0.02 |
| SPCX Space Exploration Techn Class A | New | 0.02% | +0.02 |
| HALO Halozyme Therapeutics Inc. | Add +14.7% | 0.10% | +0.02 |
| AVSU Avantis Resp US Equity ETF | Add +0.2% | 0.25% | +0.02 |
| VONG Vanguard Russell 1000 Growth | Add +22.7% | 0.08% | +0.02 |
| FTXL First Trust Nasdaq Semicondu | New | 0.02% | +0.02 |
| PSI Invesco Semiconductors ETF | New | 0.02% | +0.02 |
| NAVN Navan Inc. Class A | New | 0.02% | +0.02 |
| SMH Vaneck Semiconductor ETF | New | 0.02% | +0.02 |
| JIRE JPMorgan Int Res Enh Eqty | New | 0.02% | +0.02 |
| IAUM iShares Gold Trust Micro | Add +67.1% | 0.07% | +0.02 |
| SCHG Schwab US Large-Cap Growth | New | 0.01% | +0.01 |
| FDX FedEx Corp. | New | 0.01% | +0.01 |
| IBHJ Ishrs Ibds 2030 HY & Inc. ETF | Add +66.7% | 0.04% | +0.01 |
| SDVY First Trust Smid Cap Rising | New | 0.01% | +0.01 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +817.5% | 0.01% | +0.01 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.01% | +0.01 |
Options Activity Q1 2026 → Q2 2026
| ADVANCED MICRO DEVICES INC | call | New | 500 | $290K |
| ASML HLDG NV CALL JUL 1900 | call | New | 100 | $199K |
| ASML HLDG NV | call | Sold out | 100 | $132Kbefore exit |
| LAM RESEARCH CORP | call | New | 300 | $130K |
| PALO ALTO NETWORKS INC | call | New | 200 | $68K |
| APPLE INC | call | New | 200 | $58K |
| ARISTA NETWORKS INC | call | New | 300 | $51K |
| CAPITAL ONE FINL CORP | call | Sold out | 200 | $36Kbefore exit |
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 | 504 | $321.9M | IVV, JAAA, SGOV, AVUS, AAPL |
| Q1 2026 | 482 | $289.8M | SGOV, IVV, JAAA, AVUS, AAPL |
| Q4 2025 | 486 | $296.3M | SGOV, IVV, JAAA, AVUS, AAPL |
| Q3 2025 | 539 | $286.9M | SGOV, IVV, JAAA, AVUS, AAPL |
| Q2 2025 | 460 | $262.5M | SGOV, IVV, JAAA, AVUS, AAPL |
| Q1 2025 | 473 | $237.4M | SGOV, IVV, AAPL, AVUS, JAAA |
| Q4 2024 | 464 | $227.3M | SGOV, IVV, AAPL, AVUS, DSTL |
| Q3 2024 | 128 | $205.8M | SGOV, IVV, AAPL, AVUS, DSTL |
| Q2 2024 | 424 | $190.0M | SGOV, IVV, AAPL, VIG, AVUS |
| Q1 2024 | 496 | $187.7M | SGOV, IVV, AAPL, VIG, AVUS |