Orion Capital Management LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Orion Capital Management LLC reported 482 stock positions worth $289.8 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 12.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 8.3%) and Janus Henderson Aaa Clo ETF (JAAA, 8.1%). Compared with Q4 2025, it opened 28 new positions, sold out of 33, added to 81 and reduced 109. The biggest buy was Avantis International Equity (AVDE, shares +52%) and the biggest sale Vanguard Dividend Apprec ETF (VIG, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- CORONADO, CA
- CIK
- 0001846758
- Portfolio Value
- $289.8M (Q1 2026)
- SEC Filing
- 0001846758-26-000002 ↗ filed May 14, 2026
Holdings Value
Holdings 482 stocks · $289.8M
| SGOV iShares 0-3 Month Treasury B | 12.26% | 352,785 | $35.5M | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 8.27% | 36,695 | $24.0M | Reduce -0.3% |
| JAAA Janus Henderson Aaa Clo ETF | 8.13% | 467,876 | $23.6M | Add +9.3% |
| AVUS Avantis U.S. Equity ETF | 5.07% | 132,228 | $14.7M | Add +3.4% |
| AAPL Apple Inc. | 3.94% | 44,936 | $11.4M | Reduce -0.1% |
| DSTL Distillate US Fundamental St | 3.56% | 178,302 | $10.3M | Reduce -1.4% |
| VIG Vanguard Dividend Apprec ETF | 2.84% | 38,248 | $8.2M | Reduce -9.8% |
| AVDE Avantis International Equity | 2.42% | 82,763 | $7.0M | Add +52.2% |
| GOOG Alphabet Inc. Class C | 2.20% | 22,237 | $6.4M | Reduce -2.4% |
| AMZN Amazon.com Inc. | 1.95% | 27,130 | $5.7M | Reduce -5.0% |
| RSP Invesco S&P 500 Equal Weight | 1.92% | 28,971 | $5.6M | Add +7.5% |
| AVUV Avantis US Small Cap Value | 1.85% | 48,575 | $5.4M | Add +7.1% |
| ISRG Intuitive Surgical Inc. | 1.45% | 9,104 | $4.2M | Reduce -0.3% |
| MSFT Microsoft Corp. | 1.39% | 10,883 | $4.0M | Add +0.2% |
| NVDA Nvidia Corp. | 1.29% | 21,496 | $3.7M | Reduce -2.4% |
| DFAC Dimensional US Core Equity 2 | 1.28% | 95,154 | $3.7M | Reduce -0.3% |
| VYM Vanguard High DVD Yield ETF | 1.23% | 24,092 | $3.6M | Reduce -5.6% |
| SCHD Schwab US DVD Equity ETF | 1.19% | 112,507 | $3.5M | Reduce -4.6% |
| AVLV Avantis US Large Cap Value | 1.08% | 38,952 | $3.1M | Add +6.0% |
| PLTR Palantir Technologies Inc. Class A | 1.07% | 21,204 | $3.1M | Reduce -2.8% |
| AVDV Avantis Intl S/C Value ETF | 0.87% | 25,312 | $2.5M | Add +12.4% |
| GOOGL Alphabet Inc. Class A | 0.87% | 8,739 | $2.5M | Reduce -0.8% |
| ORLY O'reilly Automotive Inc. | 0.86% | 26,846 | $2.5M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 0.81% | 8,024 | $2.4M | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.81% | 2,347 | $2.3M | Add +0.2% |
| IJH iShares Core S&P Midcap ETF | 0.62% | 26,780 | $1.8M | Reduce -7.1% |
| ABBV Abbvie Inc. | 0.61% | 8,129 | $1.8M | Reduce -10.3% |
| VNQ Vanguard Real Estate ETF | 0.61% | 19,845 | $1.8M | Add +3.9% |
| PJAN Innovator U.S. Equity Power | 0.59% | 36,929 | $1.7M | Add +0.4% |
| ETN Eaton Corp. PLC | 0.56% | 4,524 | $1.6M | Reduce -1.5% |
| PAUG Innovator U.S. Equity Power | 0.51% | 34,915 | $1.5M | Reduce -1.0% |
| BE Bloom Energy Corp. Class A | 0.50% | 10,685 | $1.4M | Reduce -11.6% |
| XBAP Innovator US Eqy Accel 9 Buf | 0.50% | 36,825 | $1.4M | Reduce -4.1% |
| VEEV Veeva Systems Inc. Class A | 0.49% | 8,110 | $1.4M | Reduce -0.9% |
| QCOM Qualcomm Inc. | 0.47% | 10,620 | $1.4M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 0.44% | 1,401 | $1.3M | Reduce -4.4% |
| MS Morgan Stanley | 0.43% | 7,660 | $1.3M | No change |
| AVIG Avantis Core Fixed Income | 0.43% | 30,007 | $1.2M | Add +40.0% |
| JNJ Johnson & Johnson | 0.43% | 5,098 | $1.2M | No change |
| RTX RTX Corp. | 0.42% | 6,358 | $1.2M | Add +0.4% |
| POCT Innovator U.S. Equity Power | 0.41% | 27,365 | $1.2M | Reduce -0.2% |
| AMD Advanced Micro Devices | 0.40% | 5,716 | $1.2M | Reduce -5.1% |
| NFLX Netflix Inc. | 0.40% | 12,090 | $1.2M | Reduce -6.6% |
| FTNT Fortinet Inc. | 0.39% | 13,725 | $1.1M | Reduce -5.5% |
| SPSB SS SPDR P St C Corp. ETF | 0.38% | 37,060 | $1.1M | Reduce -2.3% |
| V Visa Inc. Class A | 0.37% | 3,575 | $1.1M | Reduce -4.2% |
| AVEM Avantis Emerging Markets Eq | 0.35% | 12,659 | $1.0M | Add +28.7% |
| FSLR First Solar Inc. | 0.35% | 5,170 | $1.0M | Reduce -0.6% |
| IJR iShares Core S&P Small-Cap E | 0.33% | 7,803 | $970K | No change |
| MRK Merck & Co. Inc. | 0.33% | 7,906 | $951K | Reduce -1.3% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.33% | 2,855 | $945K | Reduce -3.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.32% | 19,136 | $933K | Reduce -4.0% |
| BLK BlackRock Inc. | 0.32% | 954 | $917K | Reduce -4.0% |
| PNOV Innovator U.S. Equity Power | 0.32% | 22,412 | $916K | Reduce -0.1% |
| PJUL Innovator U.S. Equity Power | 0.31% | 19,757 | $908K | Add +6.3% |
| PDEC Innovator U.S. Equity Power | 0.31% | 20,984 | $892K | Reduce -0.0% |
| COF Capital One Financial Corp. | 0.30% | 4,735 | $864K | Add +6.2% |
| QQQM Invesco Nasdaq 100 ETF | 0.30% | 3,603 | $856K | Add +15.9% |
| PFEB Innovator U.S. Equity Power | 0.29% | 20,624 | $827K | Reduce -3.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 2,482 | $796K | Reduce -11.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 3,169 | $768K | No change |
| DFSU Dimensional US Sus CORE1 ETF | 0.26% | 18,604 | $764K | Reduce -16.2% |
| UBER Uber Technologies Inc. | 0.26% | 10,498 | $755K | Reduce -2.3% |
| VOO Vanguard S&P 500 ETF | 0.26% | 1,251 | $748K | No change |
| PMAR Innovator U.S. Equity Power | 0.25% | 16,261 | $726K | Add +3.8% |
| AMGN Amgen Inc. | 0.25% | 2,053 | $722K | Reduce -0.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.24% | 9,007 | $689K | Add +209.1% |
| CRM Salesforce Inc. | 0.24% | 3,685 | $688K | Reduce -5.2% |
| AVSU Avantis Resp US Equity ETF | 0.24% | 9,221 | $682K | Add +0.7% |
| HD Home Depot Inc. | 0.22% | 1,947 | $640K | Reduce -0.5% |
| TMUS T-Mobile US Inc. | 0.21% | 2,910 | $611K | Reduce -11.8% |
| ANET Arista Networks Inc. | 0.21% | 4,918 | $604K | Reduce -11.2% |
| USB US Bancorp | 0.20% | 11,100 | $577K | No change |
| PJUN Innovator U.S. Equity Power | 0.20% | 13,770 | $576K | No change |
| PAPR Innovator U.S. Equity Power | 0.19% | 14,145 | $563K | Reduce -3.4% |
| AVGO Broadcom Inc. | 0.19% | 1,765 | $546K | Add +0.1% |
| EXPE Expedia Group Inc. | 0.19% | 2,365 | $546K | Reduce -2.5% |
| RMD Resmed Inc. | 0.18% | 2,360 | $530K | No change |
| DELL Dell Technologies -C | 0.18% | 3,149 | $517K | Reduce -4.0% |
| BJAN Innovator U.S. Equity Buffer | 0.18% | 9,660 | $515K | No change |
| CME Cme Group Inc. | 0.17% | 1,697 | $501K | No change |
| CAT Caterpillar Inc. | 0.17% | 705 | $499K | No change |
| PMAY Innovator U.S. Equity Power | 0.17% | 12,099 | $483K | No change |
| XBJL Inn US Eq Acc 9 Buff July | 0.16% | 12,407 | $472K | Reduce -3.9% |
| LMT Lockheed Martin Corp. | 0.16% | 780 | $471K | Add +7.6% |
| ARLO Arlo Technologies Inc. | 0.16% | 32,660 | $465K | Reduce -4.7% |
| MCD McDonald's Corp. | 0.16% | 1,462 | $454K | No change |
| DFUV Dimensional US Marketwide Va | 0.15% | 9,189 | $445K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.15% | 2,234 | $438K | Add +34.3% |
| MRVL Marvell Technology Inc. | 0.15% | 4,400 | $436K | Reduce -4.3% |
| IWF iShares Russell 1000 Growth | 0.15% | 1,012 | $432K | No change |
| PM Philip Morris International | 0.15% | 2,607 | $431K | Add +0.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.15% | 18,965 | $430K | Reduce -6.0% |
| BA The Boeing Co. | 0.15% | 2,143 | $427K | Add +2.4% |
| GLD SPDR Gold Shares | 0.15% | 980 | $422K | Add +22.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 877 | $420K | Reduce -8.8% |
| BKNG Booking Holdings Inc. | 0.14% | 96 | $404K | Add +190.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.14% | 2,485 | $397K | Reduce -0.4% |
| BMAY Innovator U.S. Equity Buffer | 0.13% | 8,700 | $390K | No change |
| BMAR Innovator U.S. Equity Buffer | 0.13% | 7,430 | $390K | No change |
Options reported separately and not counted above: BLOOM ENERGY CORP calls ($339K), ASML HLDG NV calls ($132K), CAPITAL ONE FINL CORP calls ($36K).
Portfolio Sells Q4 2025 → Q1 2026
| VIG Vanguard Dividend Apprec ETF | Reduce -9.8% | 2.84% | −0.31 |
| ISRG Intuitive Surgical Inc. | Reduce -0.3% | 1.45% | −0.30 |
| AMZN Amazon.com Inc. | Reduce -5.0% | 1.95% | −0.27 |
| IVV iShares Core S&P 500 ETF | Reduce -0.3% | 8.27% | −0.24 |
| PLTR Palantir Technologies Inc. Class A | Reduce -2.8% | 1.07% | −0.24 |
| GOOG Alphabet Inc. Class C | Reduce -2.4% | 2.20% | −0.21 |
| AAPL Apple Inc. | Reduce -0.1% | 3.94% | −0.19 |
| QCOM Qualcomm Inc. | Reduce -1.8% | 0.47% | −0.15 |
| ADBE Adobe Inc. | Reduce -48.7% | 0.08% | −0.14 |
| VEEV Veeva Systems Inc. Class A | Reduce -0.9% | 0.49% | −0.12 |
| CRM Salesforce Inc. | Reduce -5.2% | 0.24% | −0.11 |
| TTD Trade Desk Inc./the Class A | Reduce -6.0% | 0.15% | −0.11 |
| WPC WP Carey Inc. | Reduce -72.9% | 0.04% | −0.11 |
| FSLR First Solar Inc. | Reduce -0.6% | 0.35% | −0.11 |
| NVDA Nvidia Corp. | Reduce -2.4% | 1.29% | −0.09 |
| ABBV Abbvie Inc. | Reduce -10.3% | 0.61% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -4.4% | 0.44% | −0.09 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -3.8% | 0.33% | −0.07 |
| V Visa Inc. Class A | Reduce -4.2% | 0.37% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -0.6% | 0.81% | −0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 0.87% | −0.06 |
| DFSU Dimensional US Sus CORE1 ETF | Reduce -16.2% | 0.26% | −0.06 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -3.7% | 0.12% | −0.06 |
| IJT iShares S&P Small-Cap 600 GR | Sold out | 0.00% | −0.05 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -37.0% | 0.09% | −0.05 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.05 |
| PINS Pinterest Inc. Class A | Reduce -41.8% | 0.04% | −0.05 |
| BAC Bank of America Corp. | Reduce -4.0% | 0.32% | −0.05 |
| EXPE Expedia Group Inc. | Reduce -2.5% | 0.19% | −0.04 |
| BLK BlackRock Inc. | Reduce -4.0% | 0.32% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -11.1% | 0.27% | −0.04 |
| ANET Arista Networks Inc. | Reduce -11.2% | 0.21% | −0.04 |
| ZETA Zeta Global Holdings Corp. Class A | Reduce -7.3% | 0.10% | −0.04 |
| EZU iShares MSCI Eurozone ETF | Sold out | 0.00% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -2.3% | 0.26% | −0.04 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −0.03 |
| AMD Advanced Micro Devices | Reduce -5.1% | 0.40% | −0.03 |
| DSTL Distillate US Fundamental St | Reduce -1.4% | 3.56% | −0.03 |
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −0.03 |
| AXP American Express Co. | Reduce -10.6% | 0.09% | −0.03 |
| SYF Synchrony Financial | Reduce -8.5% | 0.09% | −0.03 |
| FLAX Franklin Ftse Asia Ex Japan | Sold out | 0.00% | −0.03 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.03 |
| ARCC Ares Capital Corp. | Reduce -72.5% | 0.01% | −0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Reduce -4.2% | 0.11% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.8% | 0.14% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -7.1% | 0.62% | −0.02 |
| O Realty Income Corp. | Reduce -27.7% | 0.07% | −0.02 |
| BBJP JPMorgan Betabuilders Japan | Sold out | 0.00% | −0.02 |
| DFSI Dimensional Int Sus COR1 ETF | Reduce -17.8% | 0.08% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| AVDE Avantis International Equity | Add +52.2% | 2.42% | +0.91 |
| JAAA Janus Henderson Aaa Clo ETF | Add +9.3% | 8.13% | +0.83 |
| AVUV Avantis US Small Cap Value | Add +7.1% | 1.85% | +0.29 |
| AVUS Avantis U.S. Equity ETF | Add +3.4% | 5.07% | +0.25 |
| RSP Invesco S&P 500 Equal Weight | Add +7.5% | 1.92% | +0.18 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +209.1% | 0.24% | +0.16 |
| AVDV Avantis Intl S/C Value ETF | Add +12.4% | 0.87% | +0.16 |
| AVLV Avantis US Large Cap Value | Add +6.0% | 1.08% | +0.14 |
| AVIG Avantis Core Fixed Income | Add +40.0% | 0.43% | +0.13 |
| COST Costco Wholesale Corp. | Add +0.2% | 0.81% | +0.13 |
| AVEM Avantis Emerging Markets Eq | Add +28.7% | 0.35% | +0.10 |
| BKNG Booking Holdings Inc. | Add +190.9% | 0.14% | +0.08 |
| INTUITIVE SURGICAL INC | New | 0.08% | +0.08 |
| VONG Vanguard Russell 1000 Growth | New | 0.06% | +0.06 |
| LMT Lockheed Martin Corp. | Add +7.6% | 0.16% | +0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +34.3% | 0.15% | +0.04 |
| GLD SPDR Gold Shares | Add +22.5% | 0.15% | +0.04 |
| VNQ Vanguard Real Estate ETF | Add +3.9% | 0.61% | +0.04 |
| PNFP Pinnacle Financial Partners | New | 0.03% | +0.03 |
| RTX RTX Corp. | Add +0.4% | 0.42% | +0.03 |
| QQQM Invesco Nasdaq 100 ETF | Add +15.9% | 0.30% | +0.03 |
| LRCX Lam Research Corp. | Add +78.5% | 0.05% | +0.03 |
| IBDR iShares Ibonds Dec 2026 Term | New | 0.03% | +0.03 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | New | 0.03% | +0.03 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Add +94.7% | 0.05% | +0.02 |
| SCCO Southern Copper Corp. | Add +0.8% | 0.12% | +0.02 |
| PJUL Innovator U.S. Equity Power | Add +6.3% | 0.31% | +0.02 |
| LAM RESEARCH CORP | New | 0.02% | +0.02 |
| IAUM iShares Gold Trust Micro | Add +44.1% | 0.06% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +492.4% | 0.02% | +0.02 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +90.2% | 0.04% | +0.02 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +95.3% | 0.04% | +0.02 |
| ORKA Oruka Therapeutics Inc. | New | 0.02% | +0.02 |
| CW Curtiss-Wright Corp. | Add +3.9% | 0.06% | +0.01 |
| PMAR Innovator U.S. Equity Power | Add +3.8% | 0.25% | +0.01 |
| ARM Arm Holdings PLC-ADR | New | 0.01% | +0.01 |
| VRT Vertiv Holdings Co. Class A | New | 0.01% | +0.01 |
| CVX Chevron Corp. | Add +3.1% | 0.04% | +0.01 |
| ET Energy Transfer LP | Add +1.8% | 0.06% | +0.01 |
| PALO ALTO NETWORKS INC | New | 0.01% | +0.01 |
| MMM 3M Co. | New | 0.01% | +0.01 |
| NEE Nextera Energy Inc. | Add +0.1% | 0.07% | +0.01 |
| F Ford Motor Co. | New | 0.01% | +0.01 |
| NUBD Nuveen ESG US Aggregate Bond | Add +291.4% | 0.01% | +0.01 |
| NUEM Nuveen ESG Emerging Markets | Add +101.4% | 0.02% | +0.01 |
| PM Philip Morris International | Add +0.2% | 0.15% | +0.01 |
| MO Altria Group Inc. | Add +1.9% | 0.04% | +0.01 |
| TSLA Tesla Inc. | Add +40.3% | 0.04% | +0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Add +6.3% | 0.08% | +0.01 |
| SE Sea Ltd.-ADR | New | 0.01% | +0.01 |
Options Activity Q4 2025 → Q1 2026
| BLOOM ENERGY CORP | call | New | 2,500 | $339K |
| NVIDIA CORPORATION | call | Sold out | 1,500 | $280Kbefore exit |
| ALPHABET INC | call | Sold out | 700 | $220Kbefore exit |
| APPLE INC | call | Sold out | 700 | $190Kbefore exit |
| INTUITIVE SURGICAL INC | call | Sold out | 200 | $113Kbefore exit |
| ADVANCED MICRO DEVICES INC | call | Sold out | 300 | $62Kbefore exit |
| LAM RESEARCH CORP | call | Sold out | 300 | $51Kbefore exit |
| PALO ALTO NETWORKS INC | call | Sold out | 200 | $37Kbefore exit |
| CAPITAL ONE FINL CORP | call | New | 200 | $36K |
| BROADCOM INC | call | Sold out | 100 | $35Kbefore exit |
| SOFI TECHNOLOGIES INC | call | Sold out | 1,000 | $26Kbefore 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 |