Orion Capital Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 18, 2024), Orion Capital Management LLC reported 128 stock positions worth $205.8 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 12.0% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 8.1%) and Apple (AAPL, 5.6%). Compared with Q2 2024, it opened 2 new positions, sold out of 298, added to 58 and reduced 38. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +55%) and the biggest sale Microsoft (MSFT, shares −2%).

Most Recent 13F
Q2 2026
Location
CORONADO, CA
CIK
0001846758
Portfolio Value
$205.8M (Q3 2024)
SEC Filing
0001095449-24-000089 ↗ filed Nov 18, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $187.7M Q1 2024 Q2 2024: $190.0M Q2 2024 Q3 2024: $205.8M $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 128 stocks · $205.8M
SGOV iShares 0-3 Month Treasury B 12.04% 245,982 $24.8M Add +54.8%
IVV iShares Core S&P 500 ETF 8.14% 29,033 $16.7M Add +12.3%
AAPL Apple Inc. 5.64% 49,832 $11.6M Reduce -3.4%
AVUS Avantis U.S. Equity ETF 4.92% 106,454 $10.1M Add +17.4%
DSTL Distillate US Fundamental St 4.68% 169,742 $9.6M Add +13.6%
VIG Vanguard Dividend Apprec ETF 4.51% 46,845 $9.3M Reduce -0.3%
AMZN Amazon.com Inc. 2.85% 31,509 $5.9M Add +2.4%
MSFT Microsoft Corp. 2.44% 11,676 $5.0M Reduce -2.2%
ISRG Intuitive Surgical Inc. 2.35% 9,829 $4.8M No change
RSP Invesco S&P 500 Equal Weight 2.29% 26,243 $4.7M Add +4.8%
AVIG Avantis Core Fixed Income 2.15% 104,284 $4.4M Add +822.8%
GOOG Alphabet Inc. Class C 2.08% 25,548 $4.3M Add +0.7%
AVUV Avantis US Small Cap Value 2.04% 43,804 $4.2M Add +18.4%
NVDA Nvidia Corp. 1.79% 30,402 $3.7M Reduce -0.6%
VYM Vanguard High DVD Yield ETF 1.78% 28,575 $3.7M Reduce -3.3%
SCHD Schwab US DVD Equity ETF 1.73% 42,050 $3.6M Add +11.3%
DFAC Dimensional US Core Equity 2 1.25% 74,762 $2.6M Reduce -1.1%
IJH iShares Core S&P Midcap ETF 1.20% 39,759 $2.5M Reduce -14.5%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 1.19% 22,330 $2.4M Reduce -2.6%
AVDE Avantis International Equity 1.19% 36,447 $2.4M Add +1.4%
ORLY O'reilly Automotive Inc. 1.14% 2,043 $2.4M Reduce -4.7%
QCOM Qualcomm Inc. 0.95% 11,484 $2.0M Add +1.1%
JPM JPMorgan Chase & Co. 0.91% 8,844 $1.9M Reduce -4.0%
VEEV Veeva Systems Inc. Class A 0.89% 8,695 $1.8M Add +0.4%
COST Costco Wholesale Corp. 0.84% 1,946 $1.7M No change
GOOGL Alphabet Inc. Class A 0.79% 9,828 $1.6M Reduce -0.9%
PJAN Innovator U.S. Equity Power 0.75% 37,287 $1.5M No change
XBAP Innovator US Eqy Accel 9 Buf 0.74% 45,406 $1.5M Reduce -0.4%
PAUG Innovator U.S. Equity Power 0.72% 38,955 $1.5M Reduce -0.2%
AVLV Avantis US Large Cap Value 0.70% 22,004 $1.4M Add +36.4%
LLY Eli Lilly & Co. 0.68% 1,570 $1.4M Add +4.0%
CRM Salesforce Inc. 0.65% 4,894 $1.3M Add +0.8%
ADBE Adobe Inc. 0.63% 2,505 $1.3M Reduce -2.8%
V Visa Inc. Class A 0.59% 4,445 $1.2M Add +3.2%
VNQ Vanguard Real Estate ETF 0.54% 11,410 $1.1M Add +21.8%
SPSB SS SPDR P St C Corp. ETF 0.54% 36,673 $1.1M Add +0.5%
FTNT Fortinet Inc. 0.53% 13,991 $1.1M Reduce -0.3%
IJR iShares Core S&P Small-Cap E 0.52% 9,159 $1.1M Reduce -7.6%
BLK BlackRock Finance Inc. 0.50% 1,094 $1.0M Reduce -5.2%
POCT Innovator U.S. Equity Power 0.49% 25,898 $1.0M Reduce -6.1%
FSLR First Solar Inc. 0.48% 3,990 $995K Add +11.1%
NFLX Netflix Inc. 0.48% 1,401 $994K Reduce -0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.47% 24,349 $966K Reduce -7.9%
ALNY Alnylam Pharmaceuticals Inc. 0.46% 3,425 $942K Reduce -4.2%
AMD Advanced Micro Devices 0.45% 5,617 $922K Add +8.4%
MS Morgan Stanley 0.44% 8,740 $911K Add +4.2%
AVDV Avantis Intl S/C Value ETF 0.44% 12,855 $908K Add +3.6%
VCSH Vanguard S/T Corp. Bond ETF 0.44% 11,422 $907K Add +6864.6%
DFSU Dimensional US Sus CORE1 ETF 0.43% 23,804 $885K Reduce -0.5%
HD Home Depot Inc. 0.43% 2,179 $883K Add +2.4%
JNJ Johnson & Johnson 0.42% 5,396 $874K Reduce -14.3%
PNOV Innovator U.S. Equity Power 0.40% 22,337 $825K Add +0.5%
ETN Eaton Corp. PLC 0.39% 2,423 $803K Add +4.3%
PLTR Palantir Technologies Inc. Class A 0.39% 21,400 $796K No change
PDEC Innovator U.S. Equity Power 0.38% 20,500 $785K No change
ABBV Abbvie Inc. 0.37% 3,855 $761K Add +2.4%
PJUL Innovator U.S. Equity Power 0.37% 18,577 $752K Reduce -1.6%
FOUR SHIFT4 Payments Inc. Class A 0.36% 8,445 $748K Add +10.5%
ANET Arista Networks Inc. 0.36% 1,922 $738K Add +8.5%
RMD Resmed Inc. 0.36% 3,010 $735K Reduce -7.5%
AMGN Amgen Inc. 0.35% 2,245 $723K Add +19.7%
BJAN Innovator U.S. Equity Buffer 0.34% 14,887 $693K Reduce -7.8%
AVEM Avantis Emerging Markets Eq 0.31% 10,007 $646K Add +2.1%
TMUS T-Mobile US Inc. 0.31% 3,120 $644K Reduce -0.6%
XBJL Inn US Eq Acc 9 Buff July 0.31% 18,816 $630K Add +4.3%
MRK Merck & Co. Inc. 0.31% 5,535 $629K No change
PMAR Innovator U.S. Equity Power 0.30% 15,665 $615K Reduce -3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.28% 2,629 $581K Add +1.9%
PFEB Innovator U.S. Equity Power 0.27% 15,500 $559K No change
PMAY Innovator U.S. Equity Power 0.27% 15,595 $550K Reduce -11.4%
ARLO Arlo Technologies Inc. 0.27% 45,160 $547K Add +16.5%
PJUN Innovator U.S. Equity Power 0.26% 14,600 $538K Add +7.3%
AVSU Avantis Resp US Equity ETF 0.26% 8,240 $538K No change
PAPR Innovator U.S. Equity Power 0.26% 14,745 $530K Reduce -13.6%
VOO Vanguard S&P 500 ETF 0.23% 894 $472K Add +122.4%
PSEP Innovator U.S. Equity Power 0.21% 11,450 $441K Reduce -3.4%
PEP Pepsico Inc. 0.21% 2,491 $424K No change
BRK.B Berkshire Hathaway Inc. Class B 0.20% 912 $420K Add +19.7%
JPST JPMorgan Ultra-Short Income 0.20% 8,035 $408K Add +149.8%
UNH Unitedhealth Group Inc. 0.20% 689 $403K No change
MDY State Street SPDR S&P Midcap 0.19% 674 $384K No change
BSV Vanguard Short-Term Bond ETF 0.18% 4,648 $366K Add +48.8%
EXPE Expedia Group Inc. 0.18% 2,445 $362K Add +4.3%
XBJA Innovator US Eq Ac 9 Buff-J 0.18% 12,714 $360K No change
BMAR Innovator U.S. Equity Buffer 0.17% 7,930 $357K No change
VHT Vanguard Health Care ETF 0.17% 1,240 $350K Add +24.0%
VTI VG Morningstar TS MKT ETF-US 0.17% 1,219 $345K Reduce -0.3%
BMAY Innovator U.S. Equity Buffer 0.17% 8,700 $343K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.17% 6,274 $343K Reduce -10.7%
CAT Caterpillar Inc. 0.16% 820 $321K No change
XOM Exxon Mobil Corp. 0.15% 2,720 $319K No change
IWF iShares Russell 1000 Growth 0.15% 846 $318K Add +4.4%
DVY iShares Select Dividend ETF 0.15% 2,330 $315K Reduce -14.7%
CWB SS SPDR BB Conv Sec ETF 0.15% 4,000 $306K No change
AMN Amn Healthcare Services Inc. 0.15% 7,180 $304K Reduce -27.7%
XBOC Innovator US Eqy Acc 9 Buff 0.15% 10,079 $300K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.14% 2,465 $290K No change
WELL Welltower Inc. 0.14% 2,220 $284K No change
EQWL Invesco S&P 100 Equal Weight 0.14% 2,770 $283K New
BFEB Innovator U.S. Equity Buffer 0.14% 6,700 $281K No change
DFSI Dimensional Int Sus COR1 ETF 0.13% 7,656 $274K Add +0.7%
HON Honeywell International Inc. 0.13% 1,268 $262K Add +16.8%
MTUM iShares MSCI USA Momentum Fa 0.13% 1,273 $258K No change
TMO Thermo Fisher Scientific Inc. 0.12% 414 $256K Reduce -0.2%
SCHB Schwab US Broad Market ETF 0.12% 3,819 $254K No change
SMCI Super Micro Computer Inc. 0.12% 610 $254K Add +17.3%
SPIB SS SPDR P Int C Corp. ETF 0.12% 7,500 $253K New
QUAL iShares MSCI USA Quality Fac 0.12% 1,403 $252K Reduce -10.3%
PG The Procter & Gamble Co. 0.12% 1,428 $247K No change
IWD iShares Russell 1000 Value E 0.12% 1,274 $242K Add +1.3%
SUSB iShares ESG Aware 1-5 Year U 0.12% 9,475 $238K Add +0.7%
NEE Nextera Energy Inc. 0.12% 2,813 $238K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.11% 3,502 $236K Add +0.3%
MCD McDonald's Corp. 0.11% 751 $229K No change
AXP American Express Co. 0.11% 830 $225K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.11% 1,286 $224K No change
UPST Upstart Holdings Inc. 0.11% 5,560 $222K Add +5.1%
SCCO Southern Copper Corp. 0.11% 1,889 $219K Add +0.5%
VCR Vanguard Consumer Discre ETF 0.11% 640 $218K Reduce -4.0%
BDEC Innovator U.S. Equity Buffer 0.10% 5,000 $215K No change
NVEE NV5 Global Inc. 0.10% 2,300 $215K Add +21.1%
AVGO Broadcom Inc. 0.10% 1,200 $207K Add +22.4%
FOCL Edap TMS SA -ADR 0.09% 69,800 $178K Add +10.4%
BE Bloom Energy Corp. Class A 0.06% 12,000 $127K No change
MDXG Mimedx Group Inc. 0.04% 11,700 $83K Add +46.3%
AVXL Anavex Life Sciences Corp. 0.03% 11,500 $65K Add +666.7%
ALTM Arcadium Lithium PLC 0.02% 15,203 $43K Add +2.6%
BRLT Brilliant Earth Group Inc. Class A 0.01% 13,300 $28K Add +166.0%

Options reported separately and not counted above: ARISTA NETWORKS INC calls ($77K), NETFLIX INC. calls ($71K), APPLE INC calls ($47K), MICROSOFT CORP calls ($43K), PALO ALTO NETWORKS INC calls ($37K), BROADCOM INC calls ($17K), ALPHABET INC calls ($17K), ADVANCED MICRO DEVICES INC calls ($16K), NVIDIA CORPORATION calls ($12K), PALANTIR TECHNOLOGIES INC calls ($4K).

Portfolio Sells Q2 2024 → Q3 2024
MSFT Microsoft Corp. Reduce -2.2% 2.44% −0.37
IJH iShares Core S&P Midcap ETF Reduce -14.5% 1.20% −0.23
NVDA Nvidia Corp. Reduce -0.6% 1.79% −0.19
GOOGL Alphabet Inc. Class A Reduce -0.9% 0.79% −0.16
INMD Inmode Ltd. Sold out 0.00% −0.14
ADBE Adobe Inc. Reduce -2.8% 0.63% −0.12
AMN Amn Healthcare Services Inc. Reduce -27.7% 0.15% −0.12
BJUL Innovator U.S. Equity Buffer Sold out 0.00% −0.12
GLD SPDR Gold Shares Sold out 0.00% −0.11
UJAN Innovator U.S. Equity Ultra Sold out 0.00% −0.10
NKE Nike Inc. Class B Sold out 0.00% −0.10
BAPR Innovator U.S. Equity Buffer Sold out 0.00% −0.09
IBB iShares Biotechnology ETF Sold out 0.00% −0.09
ABT Abbott Laboratories Sold out 0.00% −0.08
BAC Bank of America Corp. Reduce -7.9% 0.47% −0.08
VZ Verizon Communications Inc. Sold out 0.00% −0.08
AVSD Avantis Reps Intern Equi ETF Sold out 0.00% −0.08
MA Mastercard Inc. Class A Sold out 0.00% −0.08
AAPL Apple Inc. Reduce -3.4% 5.64% −0.08
PINS Pinterest Inc. Class A Sold out 0.00% −0.08
JPM JPMorgan Chase & Co. Reduce -4.0% 0.91% −0.07
EW Edwards Lifesciences Corp. Sold out 0.00% −0.07
BKNG Booking Holdings Inc. Sold out 0.00% −0.07
SPDW Ste STR SPDR PT DW Eu ETF Sold out 0.00% −0.07
ARCC Ares Capital Corp. Sold out 0.00% −0.07
GS Goldman Sachs Group Inc. Sold out 0.00% −0.07
DFSB Dim GLB Sustain Fix Inc. ETF Sold out 0.00% −0.07
REET iShares Global REIT ETF Sold out 0.00% −0.07
POCT Innovator U.S. Equity Power Reduce -6.1% 0.49% −0.07
ROP Roper Technologies Inc. Sold out 0.00% −0.06
VYM Vanguard High DVD Yield ETF Reduce -3.3% 1.78% −0.06
BJUN Innovator U.S. Equity Buffer Sold out 0.00% −0.06
JNJ Johnson & Johnson Reduce -14.3% 0.42% −0.06
GD General Dynamics Corp. Sold out 0.00% −0.06
DE Deere & Co. Sold out 0.00% −0.06
UNF Unifirst Corp. Sold out 0.00% −0.05
TOST Toast Inc. Class A Sold out 0.00% −0.05
XLF SS Financial Select Sector Sold out 0.00% −0.05
SCHF Schwab Intl Equity ETF Sold out 0.00% −0.05
PAPR Innovator U.S. Equity Power Reduce -13.6% 0.26% −0.05
KO The Coca-Cola Co. Sold out 0.00% −0.05
CL Colgate-Palmolive Co. Sold out 0.00% −0.05
DECK Deckers Outdoor Corp. Sold out 0.00% −0.05
DFUV Dimensional US Marketwide Va Sold out 0.00% −0.05
DFSE Dimensional Em Sus CORE1 ETF Sold out 0.00% −0.05
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.05
SPSM SS SPDR P S&P 600 Small Cap Sold out 0.00% −0.05
TSLA Tesla Inc. Sold out 0.00% −0.05
RTX RTX Corp. Sold out 0.00% −0.05
CVX Chevron Corp. Sold out 0.00% −0.05

Portfolio Buys Q2 2024 → Q3 2024
SGOV iShares 0-3 Month Treasury B Add +54.8% 12.04% +3.62
AVIG Avantis Core Fixed Income Add +822.8% 2.15% +1.91
IVV iShares Core S&P 500 ETF Add +12.3% 8.14% +0.69
DSTL Distillate US Fundamental St Add +13.6% 4.68% +0.64
AVUS Avantis U.S. Equity ETF Add +17.4% 4.92% +0.62
VCSH Vanguard S/T Corp. Bond ETF Add +6864.6% 0.44% +0.43
AVUV Avantis US Small Cap Value Add +18.4% 2.04% +0.30
SCHD Schwab US DVD Equity ETF Add +11.3% 1.73% +0.18
AVLV Avantis US Large Cap Value Add +36.4% 0.70% +0.17
EQWL Invesco S&P 100 Equal Weight New 0.14% +0.14
VNQ Vanguard Real Estate ETF Add +21.8% 0.54% +0.13
VOO Vanguard S&P 500 ETF Add +122.4% 0.23% +0.12
SPIB SS SPDR P Int C Corp. ETF New 0.12% +0.12
RSP Invesco S&P 500 Equal Weight Add +4.8% 2.29% +0.12
JPST JPMorgan Ultra-Short Income Add +149.8% 0.20% +0.11
FOUR SHIFT4 Payments Inc. Class A Add +10.5% 0.36% +0.07
FSLR First Solar Inc. Add +11.1% 0.48% +0.06
VEEV Veeva Systems Inc. Class A Add +0.4% 0.89% +0.05
BSV Vanguard Short-Term Bond ETF Add +48.8% 0.18% +0.05
IBM Intl Business Machines Corp. Add +1.9% 0.28% +0.05
HD Home Depot Inc. Add +2.4% 0.43% +0.04
AMGN Amgen Inc. Add +19.7% 0.35% +0.04
UPST Upstart Holdings Inc. Add +5.1% 0.11% +0.04
BRK.B Berkshire Hathaway Inc. Class B Add +19.7% 0.20% +0.04
ANET Arista Networks Inc. Add +8.5% 0.36% +0.03
ABBV Abbvie Inc. Add +2.4% 0.37% +0.03
VHT Vanguard Health Care ETF Add +24.0% 0.17% +0.03
AVXL Anavex Life Sciences Corp. Add +666.7% 0.03% +0.03
EXPE Expedia Group Inc. Add +4.3% 0.18% +0.02
AVGO Broadcom Inc. Add +22.4% 0.10% +0.02
AVDV Avantis Intl S/C Value ETF Add +3.6% 0.44% +0.02
MS Morgan Stanley Add +4.2% 0.44% +0.01
NVEE NV5 Global Inc. Add +21.1% 0.10% +0.01
AVDE Avantis International Equity Add +1.4% 1.19% +0.01
BRLT Brilliant Earth Group Inc. Class A Add +166.0% 0.01% +0.01
MDXG Mimedx Group Inc. Add +46.3% 0.04% +0.01
ETN Eaton Corp. PLC Add +4.3% 0.39% +0.01
PJUN Innovator U.S. Equity Power Add +7.3% 0.26% +0.01
AMD Advanced Micro Devices Add +8.4% 0.45% +0.01
HON Honeywell International Inc. Add +16.8% 0.13% +0.01
IWD iShares Russell 1000 Value E Add +1.3% 0.12% +0.00
DFSI Dimensional Int Sus COR1 ETF Add +0.7% 0.13% +0.00
XBJL Inn US Eq Acc 9 Buff July Add +4.3% 0.31% +0.00
ARLO Arlo Technologies Inc. Add +16.5% 0.27% −0.00
SCCO Southern Copper Corp. Add +0.5% 0.11% −0.00
V Visa Inc. Class A Add +3.2% 0.59% −0.00
AVEM Avantis Emerging Markets Eq Add +2.1% 0.31% −0.00
IWF iShares Russell 1000 Growth Add +4.4% 0.15% −0.00
SPYM Ste STR SPDR PT S&P 500 ETF Add +0.3% 0.11% −0.00
ALTM Arcadium Lithium PLC Add +2.6% 0.02% −0.01

Options Activity Q2 2024 → Q3 2024
SUPER MICRO COMPUTER INC call Sold out 100 $82Kbefore exit
APPLE INC call Reduce -33.3% 200 $47K
EATON CORP PLC call Sold out 100 $31Kbefore exit
ANALOG DEVICES INC call Sold out 100 $23Kbefore exit
AMAZON COM INC call Sold out 100 $19Kbefore exit
BROADCOM INC call New 100 $17K
ADVANCED MICRO DEVICES INC call Reduce -50.0% 100 $16K
NVIDIA CORPORATION call Reduce -50.0% 100 $12K
PALANTIR TECHNOLOGIES INC call New 100 $4K

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