Park Capital Management, LLC / WI
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 16, 2025), Park Capital Management, LLC / WI reported 74 stock positions worth $125.0 million. Its top holding was Hartford TTL RTRN BND ETF (HTRB) at 24.9% of the portfolio, followed by Nvidia (NVDA, 10.0%) and iShares Core S&P Small-Cap E (IJR, 5.7%). Compared with Q2 2025, it opened 15 new positions, sold out of 15, added to 25 and reduced 28. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +38%) and the biggest sale Netflix (NFLX, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- Madison, WI
- CIK
- 0001998000
- Portfolio Value
- $125.0M (Q3 2025)
- SEC Filing
- 0002085853-25-000100 ↗ filed Oct 16, 2025
Holdings Value
Holdings 74 stocks · $125.0M
| HTRB Hartford TTL RTRN BND ETF | 24.94% | 909,043 | $31.2M | Add +3.4% |
| NVDA Nvidia Corp. | 9.97% | 66,756 | $12.5M | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 5.65% | 59,455 | $7.1M | Add +1.4% |
| AAPL Apple Inc. | 5.23% | 25,663 | $6.5M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.49% | 8,430 | $5.6M | Add +36.4% |
| QQQ Invesco QQQ Trust Series 1 | 4.28% | 8,903 | $5.3M | Add +38.4% |
| MSFT Microsoft Corp. | 2.99% | 7,214 | $3.7M | Reduce -3.7% |
| IVV iShares Core S&P 500 ETF | 2.31% | 4,309 | $2.9M | Reduce -4.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.83% | 4,558 | $2.3M | Add +0.5% |
| MDY State Street SPDR S&P Midcap | 1.77% | 3,708 | $2.2M | No change |
| TSLA Tesla Inc. | 1.31% | 3,690 | $1.6M | Add +44.9% |
| JPM JPMorgan Chase & Co. | 1.28% | 5,058 | $1.6M | Reduce -2.6% |
| AVGO Broadcom Inc. | 1.22% | 4,632 | $1.5M | Add +7.5% |
| GOOGL Alphabet Inc. Class A | 1.18% | 6,043 | $1.5M | Add +0.6% |
| ANET Arista Networks Inc. | 1.06% | 9,083 | $1.3M | Add +82.2% |
| APH Amphenol Corp. Class A | 0.96% | 9,646 | $1.2M | Add +64.9% |
| STX Seagate Technology Holdings | 0.95% | 5,027 | $1.2M | Add +28.5% |
| MGEE Mge Energy Inc. | 0.91% | 13,467 | $1.1M | Add +0.4% |
| KR Kroger Co. | 0.86% | 16,020 | $1.1M | Reduce -1.3% |
| GLW Corning Inc. | 0.86% | 13,061 | $1.1M | New |
| HD Home Depot Inc. | 0.84% | 2,586 | $1.0M | Reduce -5.1% |
| ORCL Oracle Corp. | 0.83% | 3,700 | $1.0M | Reduce -13.9% |
| SCHX Schwab US Large-Cap ETF | 0.82% | 39,028 | $1.0M | Reduce -1.7% |
| WMT Walmart Inc. | 0.82% | 9,973 | $1.0M | Reduce -0.4% |
| JNJ Johnson & Johnson | 0.81% | 5,482 | $1.0M | Reduce -2.7% |
| WDC Western Digital Corp. | 0.81% | 8,423 | $1.0M | New |
| APP AppLovin Corp. Class A | 0.81% | 1,406 | $1.0M | Add +45.7% |
| AMZN Amazon.com Inc. | 0.79% | 4,498 | $988K | Reduce -1.5% |
| PLTR Palantir Technologies Inc. Class A | 0.78% | 5,323 | $971K | Add +9.8% |
| NEM Newmont Corp. | 0.75% | 11,091 | $935K | New |
| EFA iShares MSCI Eafe ETF | 0.73% | 9,745 | $910K | Add +0.5% |
| INTU Intuit Inc. | 0.71% | 1,300 | $888K | Reduce -0.6% |
| GEV GE Vernova Inc. | 0.71% | 1,438 | $884K | Add +60.3% |
| LRCX Lam Research Corp. | 0.70% | 6,555 | $878K | New |
| HOOD Robinhood Markets Inc. Class A | 0.69% | 6,061 | $868K | New |
| MA Mastercard Inc. Class A | 0.68% | 1,491 | $848K | Reduce -4.4% |
| TPR Tapestry Inc. | 0.67% | 7,384 | $836K | New |
| MU Micron Technology Inc. | 0.65% | 4,839 | $810K | New |
| META Meta Platforms Inc. Class A | 0.64% | 1,084 | $796K | Reduce -5.9% |
| NFLX Netflix Inc. | 0.57% | 590 | $707K | Reduce -48.6% |
| GOOG Alphabet Inc. Class C | 0.55% | 2,818 | $686K | Reduce -3.0% |
| MINO PIMCO Municipal Income Oppor | 0.55% | 15,062 | $682K | New |
| WBD Warner Bros Discovery Inc. | 0.51% | 32,501 | $635K | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.50% | 2,130 | $626K | Add +8.9% |
| IBKR Interactive Brokers Gro Class A | 0.49% | 8,915 | $613K | Reduce -0.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.49% | 2,190 | $612K | Add +1.1% |
| VLO Valero Energy Corp. | 0.47% | 3,468 | $590K | Reduce -3.0% |
| TER Teradyne Inc. | 0.47% | 4,254 | $586K | New |
| INTC Intel Corp. | 0.46% | 16,977 | $570K | New |
| SHOP Shopify Inc. Class A | 0.44% | 3,713 | $552K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 10,470 | $540K | Add +0.7% |
| TGT Target Corp. | 0.41% | 5,670 | $509K | Reduce -17.8% |
| V Visa Inc. Class A | 0.40% | 1,470 | $502K | Reduce -8.5% |
| NKE Nike Inc. Class B | 0.39% | 6,969 | $486K | Add +1.2% |
| SCHM Schwab US Mid Cap ETF | 0.36% | 15,366 | $455K | Add +1.0% |
| VONG Vanguard Russell 1000 Growth | 0.33% | 3,400 | $410K | No change |
| LLY Eli Lilly & Co. | 0.29% | 480 | $366K | Add +2.4% |
| AXP American Express Co. | 0.28% | 1,070 | $356K | Add +2.7% |
| IWM iShares Russell 2000 ETF | 0.25% | 1,294 | $313K | No change |
| ULTA Ulta Beauty Inc. | 0.25% | 565 | $309K | Reduce -1.6% |
| PG The Procter & Gamble Co. | 0.25% | 2,010 | $309K | Reduce -17.4% |
| BLK BlackRock Inc. | 0.24% | 256 | $298K | Reduce -12.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 620 | $297K | No change |
| SHEL Shell PLC-ADR | 0.21% | 3,727 | $267K | Reduce -3.5% |
| AMGN Amgen Inc. | 0.21% | 939 | $265K | Reduce -9.7% |
| URI United Rentals Inc. | 0.20% | 267 | $255K | No change |
| XOM Exxon Mobil Corp. | 0.20% | 2,234 | $252K | Reduce -0.2% |
| OC Owens Corning | 0.19% | 1,696 | $240K | Reduce -6.2% |
| COST Costco Wholesale Corp. | 0.19% | 256 | $237K | Reduce -7.6% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.19% | 2,451 | $235K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.18% | 902 | $229K | Add +0.3% |
| UAL United Airlines Holdings Inc. | 0.18% | 2,363 | $228K | New |
| ABBV Abbvie Inc. | 0.18% | 969 | $224K | New |
| PEP Pepsico Inc. | 0.17% | 1,504 | $211K | New |
Portfolio Sells Q2 2025 → Q3 2025
| NFLX Netflix Inc. | Reduce -48.6% | 0.57% | −0.86 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.67 |
| GE General Electric | Sold out | 0.00% | −0.67 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.61 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.59 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.56 |
| RCL Royal Caribbean Cruises Ltd. | Sold out | 0.00% | −0.52 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.47 |
| MSFT Microsoft Corp. | Reduce -3.7% | 2.99% | −0.46 |
| VST Vistra Corp. | Sold out | 0.00% | −0.39 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.36 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.35 |
| CEG Constellation Energy | Sold out | 0.00% | −0.29 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.29 |
| IVV iShares Core S&P 500 ETF | Reduce -4.3% | 2.31% | −0.28 |
| TQQQ Proshares Ultrapro QQQ | Sold out | 0.00% | −0.26 |
| SPXL Direxion Daily S&P 500 Bull | Sold out | 0.00% | −0.26 |
| INTU Intuit Inc. | Reduce -0.6% | 0.71% | −0.24 |
| BMI Badger Meter Inc. | Sold out | 0.00% | −0.24 |
| TGT Target Corp. | Reduce -17.8% | 0.41% | −0.22 |
| KR Kroger Co. | Reduce -1.3% | 0.86% | −0.21 |
| META Meta Platforms Inc. Class A | Reduce -5.9% | 0.64% | −0.15 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 0.79% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -4.4% | 0.68% | −0.13 |
| V Visa Inc. Class A | Reduce -8.5% | 0.40% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -2.6% | 1.28% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -17.4% | 0.25% | −0.11 |
| HD Home Depot Inc. | Reduce -5.1% | 0.84% | −0.09 |
| WMT Walmart Inc. | Reduce -0.4% | 0.82% | −0.08 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.7% | 0.82% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -7.6% | 0.19% | −0.06 |
| AMGN Amgen Inc. | Reduce -9.7% | 0.21% | −0.06 |
| BLK BlackRock Inc. | Reduce -12.0% | 0.24% | −0.04 |
| SHEL Shell PLC-ADR | Reduce -3.5% | 0.21% | −0.04 |
| OC Owens Corning | Reduce -6.2% | 0.19% | −0.04 |
| ORCL Oracle Corp. | Reduce -13.9% | 0.83% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -0.2% | 0.20% | −0.02 |
| ULTA Ulta Beauty Inc. | Reduce -1.6% | 0.25% | −0.00 |
| JNJ Johnson & Johnson | Reduce -2.7% | 0.81% | +0.02 |
| VLO Valero Energy Corp. | Reduce -3.0% | 0.47% | +0.03 |
| IBKR Interactive Brokers Gro Class A | Reduce -0.2% | 0.49% | +0.03 |
| GOOG Alphabet Inc. Class C | Reduce -3.0% | 0.55% | +0.07 |
| AAPL Apple Inc. | Reduce -1.3% | 5.23% | +0.29 |
Portfolio Buys Q2 2025 → Q3 2025
| QQQ Invesco QQQ Trust Series 1 | Add +38.4% | 4.28% | +0.99 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +36.4% | 4.49% | +0.96 |
| GLW Corning Inc. | New | 0.86% | +0.86 |
| WDC Western Digital Corp. | New | 0.81% | +0.81 |
| NEM Newmont Corp. | New | 0.75% | +0.75 |
| LRCX Lam Research Corp. | New | 0.70% | +0.70 |
| HOOD Robinhood Markets Inc. Class A | New | 0.69% | +0.69 |
| TPR Tapestry Inc. | New | 0.67% | +0.67 |
| MU Micron Technology Inc. | New | 0.65% | +0.65 |
| ANET Arista Networks Inc. | Add +82.2% | 1.06% | +0.59 |
| TSLA Tesla Inc. | Add +44.9% | 1.31% | +0.56 |
| MINO PIMCO Municipal Income Oppor | New | 0.55% | +0.55 |
| WBD Warner Bros Discovery Inc. | New | 0.51% | +0.51 |
| APP AppLovin Corp. Class A | Add +45.7% | 0.81% | +0.50 |
| TER Teradyne Inc. | New | 0.47% | +0.47 |
| INTC Intel Corp. | New | 0.46% | +0.46 |
| SHOP Shopify Inc. Class A | New | 0.44% | +0.44 |
| STX Seagate Technology Holdings | Add +28.5% | 0.95% | +0.43 |
| APH Amphenol Corp. Class A | Add +64.9% | 0.96% | +0.42 |
| GEV GE Vernova Inc. | Add +60.3% | 0.71% | +0.27 |
| NVDA Nvidia Corp. | Add +0.1% | 9.97% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 1.18% | +0.20 |
| UAL United Airlines Holdings Inc. | New | 0.18% | +0.18 |
| ABBV Abbvie Inc. | New | 0.18% | +0.18 |
| PEP Pepsico Inc. | New | 0.17% | +0.17 |
| PLTR Palantir Technologies Inc. Class A | Add +9.8% | 0.78% | +0.16 |
| AVGO Broadcom Inc. | Add +7.5% | 1.22% | +0.12 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.1% | 0.49% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +8.9% | 0.50% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.3% | 0.18% | −0.01 |
| AXP American Express Co. | Add +2.7% | 0.28% | −0.02 |
| BAC Bank of America Corp. | Add +0.7% | 0.43% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Add +1.0% | 0.36% | −0.03 |
| LLY Eli Lilly & Co. | Add +2.4% | 0.29% | −0.05 |
| NKE Nike Inc. Class B | Add +1.2% | 0.39% | −0.06 |
| EFA iShares MSCI Eafe ETF | Add +0.5% | 0.73% | −0.07 |
| MGEE Mge Energy Inc. | Add +0.4% | 0.91% | −0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 1.83% | −0.21 |
| IJR iShares Core S&P Small-Cap E | Add +1.4% | 5.65% | −0.28 |
| HTRB Hartford TTL RTRN BND ETF | Add +3.4% | 24.94% | −2.63 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 161 | $169.9M | SPY, QQQ, NVDA, AAPL, SNDK |
| Q1 2026 | 75 | $102.7M | HTRB, NVDA, IJR, AAPL, IVV |
| Q4 2025 | 80 | $139.7M | HTRB, NVDA, SPY, QQQ, IJR |
| Q3 2025 | 74 | $125.0M | HTRB, NVDA, IJR, AAPL, SPY |
| Q2 2025 | 74 | $108.0M | HTRB, NVDA, IJR, AAPL, SPY |
| Q1 2025 | 60 | $85.6M | HTRB, NVDA, IJR, AAPL, IVV |
| Q4 2024 | 56 | $83.6M | HTRB, NVDA, AAPL, MSFT, IVV |