Orion Capital Management LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Orion Capital Management LLC reported 424 stock positions worth $190.0 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 8.4% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 7.4%) and Apple (AAPL, 5.7%). Compared with Q1 2024, it opened 6 new positions, sold out of 78, added to 52 and reduced 109. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +14%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −16%).

Most Recent 13F
Q2 2026
Location
CORONADO, CA
CIK
0001846758
Portfolio Value
$190.0M (Q2 2024)
SEC Filing
0001095449-24-000061 ↗ filed Aug 14, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $187.7M Q1 2024 Q2 2024: $190.0M $190.0M Q2 2024 Q3 2024: $205.8M Q3 2024 Q4 2024: $227.3M Q4 2024 Q1 2025: $237.4M Q1 2025 Q2 2025: $262.5M Q2 2025 Q3 2025: $286.9M Q3 2025 Q4 2025: $296.3M Q4 2025 Q1 2026: $289.8M Q1 2026 Q2 2026: $321.9M Q2 2026

Holdings 424 stocks · $190.0M
SGOV iShares 0-3 Month Treasury B 8.42% 158,941 $16.0M Add +14.2%
IVV iShares Core S&P 500 ETF 7.45% 25,862 $14.2M Add +0.8%
AAPL Apple Inc. 5.72% 51,598 $10.9M Reduce -4.3%
VIG Vanguard Dividend Apprec ETF 4.51% 46,991 $8.6M Reduce -2.3%
AVUS Avantis U.S. Equity ETF 4.30% 90,673 $8.2M Add +2.8%
DSTL Distillate US Fundamental St 4.04% 149,435 $7.7M Add +5.7%
AMZN Amazon.com Inc. 3.13% 30,765 $5.9M Add +0.1%
MSFT Microsoft Corp. 2.81% 11,940 $5.3M Reduce -0.7%
GOOG Alphabet Inc. Class C 2.45% 25,373 $4.7M Reduce -2.0%
ISRG Intuitive Surgical Inc. 2.30% 9,829 $4.4M Reduce -1.0%
RSP Invesco S&P 500 Equal Weight 2.17% 25,045 $4.1M Reduce -1.6%
NVDA Nvidia Corp. 1.99% 30,592 $3.8M Add +0.2%
VYM Vanguard High DVD Yield ETF 1.84% 29,535 $3.5M Reduce -0.3%
AVUV Avantis US Small Cap Value 1.75% 37,008 $3.3M Add +5.1%
SCHD Schwab US DVD Equity ETF 1.55% 37,764 $2.9M Reduce -15.6%
IJH iShares Core S&P Midcap ETF 1.43% 46,491 $2.7M Reduce -10.9%
DFAC Dimensional US Core Equity 2 1.28% 75,557 $2.4M Add +0.2%
QCOM Qualcomm Inc. 1.19% 11,364 $2.3M Reduce -2.2%
ORLY O'reilly Automotive Inc. 1.19% 2,143 $2.3M Reduce -1.5%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 1.18% 22,930 $2.2M Reduce -0.9%
AVDE Avantis International Equity 1.18% 35,953 $2.2M Add +0.4%
JPM JPMorgan Chase & Co. 0.98% 9,214 $1.9M Reduce -2.6%
GOOGL Alphabet Inc. Class A 0.95% 9,920 $1.8M Reduce -1.0%
COST Costco Wholesale Corp. 0.87% 1,946 $1.7M No change
VEEV Veeva Systems Inc. Class A 0.83% 8,660 $1.6M Reduce -1.1%
PJAN Innovator U.S. Equity Power 0.79% 37,287 $1.5M Add +0.3%
XBAP Innovator US Eqy Accel 9 Buf 0.77% 45,597 $1.5M Add +3.8%
ADBE Adobe Inc. 0.75% 2,577 $1.4M Reduce -5.2%
PAUG Innovator U.S. Equity Power 0.75% 39,035 $1.4M Reduce -2.5%
LLY Eli Lilly & Co. 0.72% 1,510 $1.4M Add +4.9%
CRM Salesforce Inc. 0.66% 4,854 $1.2M Add +0.8%
V Visa Inc. Class A 0.59% 4,306 $1.1M Reduce -4.0%
SPSB SS SPDR P St C Corp. ETF 0.57% 36,503 $1.1M Reduce -0.7%
IJR iShares Core S&P Small-Cap E 0.56% 9,911 $1.1M Reduce -22.3%
POCT Innovator U.S. Equity Power 0.56% 27,588 $1.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.55% 26,429 $1.1M Reduce -4.3%
AVLV Avantis US Large Cap Value 0.53% 16,129 $1.0M Add +1.6%
NFLX Netflix Inc. 0.50% 1,412 $953K Reduce -2.7%
JNJ Johnson & Johnson 0.48% 6,296 $920K Reduce -13.2%
BLK BlackRock Finance Inc. 0.48% 1,154 $909K No change
ALNY Alnylam Pharmaceuticals Inc. 0.46% 3,575 $869K Reduce -2.7%
FTNT Fortinet Inc. 0.44% 14,030 $846K Add +1.3%
AMD Advanced Micro Devices 0.44% 5,180 $840K Reduce -3.5%
DFSU Dimensional US Sus CORE1 ETF 0.44% 23,914 $834K Reduce -21.3%
MS Morgan Stanley 0.43% 8,390 $815K Reduce -5.1%
FSLR First Solar Inc. 0.43% 3,590 $809K No change
PNOV Innovator U.S. Equity Power 0.42% 22,237 $807K No change
AVDV Avantis Intl S/C Value ETF 0.42% 12,402 $805K Reduce -0.9%
VNQ Vanguard Real Estate ETF 0.41% 9,365 $784K Reduce -18.3%
PDEC Innovator U.S. Equity Power 0.40% 20,500 $769K No change
PJUL Innovator U.S. Equity Power 0.39% 18,877 $733K Add +17.1%
HD Home Depot Inc. 0.39% 2,129 $733K Reduce -1.4%
BJAN Innovator U.S. Equity Buffer 0.38% 16,155 $729K Reduce -0.9%
ETN Eaton Corp. PLC 0.38% 2,323 $728K Reduce -14.7%
MRK Merck & Co. Inc. 0.36% 5,535 $685K Reduce -11.2%
ABBV Abbvie Inc. 0.34% 3,765 $646K Add +1.4%
RMD Resmed Inc. 0.33% 3,255 $623K Reduce -8.4%
ANET Arista Networks Inc. 0.33% 1,772 $621K Add +7.9%
PMAR Innovator U.S. Equity Power 0.32% 16,165 $613K Reduce -2.0%
PMAY Innovator U.S. Equity Power 0.32% 17,595 $600K Add +23.9%
AVEM Avantis Emerging Markets Eq 0.32% 9,803 $599K Reduce -0.8%
PAPR Innovator U.S. Equity Power 0.31% 17,060 $591K Add +27.8%
AMGN Amgen Inc. 0.31% 1,875 $586K Add +39.4%
XBJL Inn US Eq Acc 9 Buff July 0.31% 18,041 $582K Reduce -1.9%
FOUR SHIFT4 Payments Inc. Class A 0.30% 7,645 $561K Add +58.5%
TMUS T-Mobile US Inc. 0.29% 3,140 $553K No change
PFEB Innovator U.S. Equity Power 0.29% 15,500 $545K No change
PLTR Palantir Technologies Inc. Class A 0.29% 21,400 $542K No change
AVSU Avantis Resp US Equity ETF 0.27% 8,240 $509K No change
AMN Amn Healthcare Services Inc. 0.27% 9,930 $509K Reduce -15.3%
ARLO Arlo Technologies Inc. 0.27% 38,760 $505K Reduce -17.1%
PJUN Innovator U.S. Equity Power 0.25% 13,600 $484K Add +12.7%
AVIG Avantis Core Fixed Income 0.24% 11,301 $461K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.23% 2,579 $446K Reduce -10.4%
PSEP Innovator U.S. Equity Power 0.23% 11,850 $444K No change
SMCI Super Micro Computer Inc. 0.22% 520 $426K Reduce -16.7%
PEP Pepsico Inc. 0.22% 2,491 $411K No change
MDY State Street SPDR S&P Midcap 0.19% 674 $360K Reduce -1.5%
SPMD SS SPDR P S&P 400 Midcap ETF 0.19% 7,024 $360K Reduce -2.8%
XBJA Innovator US Eq Ac 9 Buff-J 0.19% 12,714 $352K Add +18.6%
UNH Unitedhealth Group Inc. 0.18% 689 $351K Reduce -5.5%
FOCL Edap TMS SA -ADR 0.18% 63,200 $344K Reduce -16.3%
BMAR Innovator U.S. Equity Buffer 0.18% 7,930 $342K Reduce -14.4%
BMAY Innovator U.S. Equity Buffer 0.17% 8,700 $330K No change
DVY iShares Select Dividend ETF 0.17% 2,730 $330K No change
VTI VG Morningstar TS MKT ETF-US 0.17% 1,222 $327K No change
XOM Exxon Mobil Corp. 0.16% 2,720 $313K No change
BRK.B Berkshire Hathaway Inc. Class B 0.16% 762 $310K No change
EXPE Expedia Group Inc. 0.16% 2,345 $295K Reduce -2.1%
IWF iShares Russell 1000 Growth 0.16% 810 $295K No change
XBOC Innovator US Eqy Acc 9 Buff 0.16% 10,079 $295K Add +22.4%
CWB SS SPDR BB Conv Sec ETF 0.15% 4,000 $288K No change
CAT Caterpillar Inc. 0.14% 820 $273K No change
BFEB Innovator U.S. Equity Buffer 0.14% 6,700 $272K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.14% 2,465 $271K Reduce -2.0%
QUAL iShares MSCI USA Quality Fac 0.14% 1,565 $267K No change
VHT Vanguard Health Care ETF 0.14% 1,000 $266K No change
INMD Inmode Ltd. 0.14% 13,800 $259K Reduce -20.5%
DFSI Dimensional Int Sus COR1 ETF 0.13% 7,604 $250K Reduce -22.3%
MTUM iShares MSCI USA Momentum Fa 0.13% 1,273 $248K Reduce -5.6%

Show all 424 holdings

Options reported separately and not counted above: SUPER MICRO COMPUTER INC calls ($82K), ARISTA NETWORKS INC calls ($70K), NETFLIX INC. calls ($67K), APPLE INC calls ($63K), MICROSOFT CORP calls ($45K), PALO ALTO NETWORKS INC calls ($34K), ADVANCED MICRO DEVICES INC calls ($32K), EATON CORP PLC calls ($31K), NVIDIA CORPORATION calls ($25K), ANALOG DEVICES INC calls ($23K), AMAZON COM INC calls ($19K), ALPHABET INC calls ($18K).

Portfolio Sells Q1 2024 → Q2 2024
SCHD Schwab US DVD Equity ETF Reduce -15.6% 1.55% −0.38
IJH iShares Core S&P Midcap ETF Reduce -10.9% 1.43% −0.26
VEEV Veeva Systems Inc. Class A Reduce -1.1% 0.83% −0.25
IJR iShares Core S&P Small-Cap E Reduce -22.3% 0.56% −0.19
VIG Vanguard Dividend Apprec ETF Reduce -2.3% 4.51% −0.16
RSP Invesco S&P 500 Equal Weight Reduce -1.6% 2.17% −0.13
JNJ Johnson & Johnson Reduce -13.2% 0.48% −0.13
USMV iShares MSCI USA Min Vol Fac Reduce -79.8% 0.03% −0.12
AMN Amn Healthcare Services Inc. Reduce -15.3% 0.27% −0.12
DFSU Dimensional US Sus CORE1 ETF Reduce -21.3% 0.44% −0.12
ORLY O'reilly Automotive Inc. Reduce -1.5% 1.19% −0.12
CVS CVS Health Corp. Reduce -66.7% 0.04% −0.12
VNQ Vanguard Real Estate ETF Reduce -18.3% 0.41% −0.12
FOCL Edap TMS SA -ADR Reduce -16.3% 0.18% −0.11
SMCI Super Micro Computer Inc. Reduce -16.7% 0.22% −0.11
BUFF Innovator Laddered Allocatio Sold out 0.00% −0.11
NVIDIA CORPORATION Sold out 0.00% −0.10
MDT Medtronic PLC Reduce -91.7% 0.01% −0.09
DE Deere & Co. Reduce -58.8% 0.06% −0.09
BJUN Innovator U.S. Equity Buffer Reduce -57.1% 0.06% −0.08
MRK Merck & Co. Inc. Reduce -11.2% 0.36% −0.08
AMD Advanced Micro Devices Reduce -3.5% 0.44% −0.07
V Visa Inc. Class A Reduce -4.0% 0.59% −0.07
ETN Eaton Corp. PLC Reduce -14.7% 0.38% −0.07
VYM Vanguard High DVD Yield ETF Reduce -0.3% 1.84% −0.07
INMD Inmode Ltd. Reduce -20.5% 0.14% −0.06
IBM Intl Business Machines Corp. Reduce -10.4% 0.23% −0.06
HD Home Depot Inc. Reduce -1.4% 0.39% −0.06
ML Moneylion Inc. Reduce -63.8% 0.03% −0.06
ARRY Array Technologies Inc. Reduce -76.0% 0.01% −0.05
ARLO Arlo Technologies Inc. Reduce -17.1% 0.27% −0.05
EXTR Extreme Networks Inc. Reduce -80.6% 0.01% −0.05
RMD Resmed Inc. Reduce -8.4% 0.33% −0.05
CMCSA Comcast Corp. Class A Reduce -91.3% 0.00% −0.05
DFSI Dimensional Int Sus COR1 ETF Reduce -22.3% 0.13% −0.04
BMY Bristol-Myers Squibb Co. Reduce -39.2% 0.03% −0.04
HTGC Hercules Capital Inc. Sold out 0.00% −0.04
UPST Upstart Holdings Inc. Reduce -26.5% 0.07% −0.04
ARCC Ares Capital Corp. Reduce -31.9% 0.07% −0.03
JPST JPMorgan Ultra-Short Income Reduce -27.7% 0.09% −0.03
TSM Taiwan Semiconductor-SP ADR Reduce -82.5% 0.01% −0.03
IRM Iron Mountain Inc. Reduce -61.5% 0.02% −0.03
IBHE iShares Ibonds 2025 H/Y Inc. Sold out 0.00% −0.03
JPM JPMorgan Chase & Co. Reduce -2.6% 0.98% −0.03
MDXG Mimedx Group Inc. Reduce -45.6% 0.03% −0.03
WELL Welltower Inc. Reduce -26.5% 0.12% −0.03
NKE Nike Inc. Class B Reduce -1.8% 0.10% −0.03
NVEE NV5 Global Inc. Reduce -17.4% 0.09% −0.03
USRT iShares Core US REIT ETF Sold out 0.00% −0.03
BMAR Innovator U.S. Equity Buffer Reduce -14.4% 0.18% −0.03

Portfolio Buys Q1 2024 → Q2 2024
SGOV iShares 0-3 Month Treasury B Add +14.2% 8.42% +0.96
NVDA Nvidia Corp. Add +0.2% 1.99% +0.52
IVV iShares Core S&P 500 ETF Add +0.8% 7.45% +0.26
AVIG Avantis Core Fixed Income New 0.24% +0.24
AMZN Amazon.com Inc. Add +0.1% 3.13% +0.18
FOUR SHIFT4 Payments Inc. Class A Add +58.5% 0.30% +0.13
LLY Eli Lilly & Co. Add +4.9% 0.72% +0.12
AMGN Amgen Inc. Add +39.4% 0.31% +0.10
AVUS Avantis U.S. Equity ETF Add +2.8% 4.30% +0.10
ANET Arista Networks Inc. Add +7.9% 0.33% +0.07
PAPR Innovator U.S. Equity Power Add +27.8% 0.31% +0.07
PMAY Innovator U.S. Equity Power Add +23.9% 0.32% +0.07
PJUL Innovator U.S. Equity Power Add +17.1% 0.39% +0.06
DECK Deckers Outdoor Corp. New 0.05% +0.05
VIK Viking Holdings Ltd. New 0.04% +0.04
XBAP Innovator US Eqy Accel 9 Buf Add +3.8% 0.77% +0.04
PJUN Innovator U.S. Equity Power Add +12.7% 0.25% +0.03
XBJA Innovator US Eq Ac 9 Buff-J Add +18.6% 0.19% +0.03
XBOC Innovator US Eqy Acc 9 Buff Add +22.4% 0.16% +0.03
ALTM Arcadium Lithium PLC New 0.03% +0.03
ZALT Innovator US Eq 10 Buffer Add +288.7% 0.03% +0.02
PJAN Innovator U.S. Equity Power Add +0.3% 0.79% +0.01
PANW Palo Alto Networks Inc. Add +32.5% 0.04% +0.01
GEV GE Vernova Inc. New 0.01% +0.01
KAPR Innovator U.S. Small Cap Pow New 0.01% +0.01
CELH Celsius Holdings Inc. Add +166.7% 0.02% +0.01
VGT Vanguard Info Tech ETF Add +20.7% 0.03% +0.01
BSV Vanguard Short-Term Bond ETF Add +5.0% 0.13% +0.00
XTJA Innovator US Eq Acc Plus - J Add +12.9% 0.03% +0.00
XTJL Inn US Eq Accel Plus July Add +12.4% 0.03% +0.00
XTAP Innovator US Eqty Accel PL Add +9.6% 0.03% +0.00
SUSB iShares ESG Aware 1-5 Year U Add +3.9% 0.12% +0.00
CALF PCR US SM CP CSH CWS ETF-Usd Add +24.1% 0.04% +0.00
XTOC Innovator US Eqy Accel PL-Oc Add +6.2% 0.03% +0.00
VGSH Vanguard Short-Term Treasury Add +49.6% 0.01% +0.00
BALT Inn Defined Wealth Shield Add +32.1% 0.01% +0.00
ODD Oddity Tech Ltd. Class A Add +36.4% 0.01% +0.00
DFIP Dimensional Inflation-Protec Add +17.3% 0.01% +0.00
SCCO Southern Copper Corp. Add +1.0% 0.11% +0.00
DFAU Dimensional US Core Equity M Add +1.1% 0.03% +0.00
VIGI Vanguard Int Div App Indx FD Add +4.2% 0.02% +0.00
TBIL F/M US Treasury 3 Month Bill Add +82.6% 0.00% +0.00
DFAX Dimensional World Ex US Core Add +2.2% 0.05% +0.00
DFAR Dimensional US Real Est ETF Add +4.0% 0.01% +0.00
DFAE Dimensional Emerging Core Eq Add +3.7% 0.00% +0.00
AVGE Avantis All Eqty Mrkts ETF Add +1.4% 0.04% −0.00
ULTA Ulta Beauty Inc. Add +33.3% 0.01% −0.00
DFSB Dim GLB Sustain Fix Inc. ETF Add +0.2% 0.07% −0.00
DFAC Dimensional US Core Equity 2 Add +0.2% 1.28% −0.00
CRSP Crispr Therapeutics AG Add +17.1% 0.02% −0.00

Options Activity Q1 2024 → Q2 2024
BLACKROCK INC call Sold out 100 $83Kbefore exit
SALESFORCE INC call Sold out 200 $60Kbefore exit
MICROSOFT CORP call New 100 $45K
VISA INC call Sold out 100 $28Kbefore exit
NVIDIA CORPORATION call New 200 $25K
ANALOG DEVICES INC call New 100 $23K
AMAZON COM INC call Reduce -50.0% 100 $19K
ALPHABET INC call New 100 $18K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 504$321.9MIVV, JAAA, SGOV, AVUS, AAPL
Q1 2026 482$289.8MSGOV, IVV, JAAA, AVUS, AAPL
Q4 2025 486$296.3MSGOV, IVV, JAAA, AVUS, AAPL
Q3 2025 539$286.9MSGOV, IVV, JAAA, AVUS, AAPL
Q2 2025 460$262.5MSGOV, IVV, JAAA, AVUS, AAPL
Q1 2025 473$237.4MSGOV, IVV, AAPL, AVUS, JAAA
Q4 2024 464$227.3MSGOV, IVV, AAPL, AVUS, DSTL
Q3 2024 128$205.8MSGOV, IVV, AAPL, AVUS, DSTL
Q2 2024 424$190.0MSGOV, IVV, AAPL, VIG, AVUS
Q1 2024 496$187.7MSGOV, IVV, AAPL, VIG, AVUS