Peloton Wealth Strategists
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 17, 2025), Peloton Wealth Strategists reported 91 stock positions worth $247.7 million. Its top holding was Alphabet Class A (GOOGL) at 4.2% of the portfolio, followed by iShares Ibonds Dec 2028 ETF (IBDT, 3.8%) and Amazon.com (AMZN, 3.5%). Compared with Q2 2025, it opened 7 new positions, sold out of 3, added to 24 and reduced 49. The biggest buy was a new position in Airbnb Class A (ABNB) and the biggest sale Lululemon Athletica (LULU, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- INDIANAPOLIS, IN
- CIK
- 0001080132
- Portfolio Value
- $247.7M (Q3 2025)
- SEC Filing
- 0001080132-25-000006 ↗ filed Nov 17, 2025
Holdings Value
Holdings 91 stocks · $247.7M
| GOOGL Alphabet Inc. Class A | 4.16% | 42,360 | $10.3M | Reduce -2.0% |
| IBDT iShares Ibonds Dec 2028 ETF | 3.76% | 364,960 | $9.3M | Add +0.5% |
| AMZN Amazon.com Inc. | 3.54% | 39,931 | $8.8M | Reduce -1.7% |
| MA Mastercard Inc. Class A | 3.45% | 15,027 | $8.5M | Reduce -3.5% |
| MSFT Microsoft Corp. | 3.36% | 16,067 | $8.3M | Reduce -1.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 3.33% | 339,070 | $8.3M | Reduce -0.1% |
| IBDU iShares Ibonds Dec 2029 Term | 3.24% | 342,150 | $8.0M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 3.15% | 24,710 | $7.8M | Reduce -0.9% |
| IBDR iShares Ibonds Dec 2026 Term | 2.98% | 304,120 | $7.4M | Add +1.3% |
| IBDQ iShares Ibonds Dec 2025 Term | 2.84% | 279,600 | $7.0M | Reduce -3.2% |
| IBDV iShares Ibonds Dec 2030 Corp. | 2.65% | 296,250 | $6.6M | Add +2.5% |
| RTX RTX Corp. | 2.44% | 36,150 | $6.0M | Reduce -17.0% |
| TMO Thermo Fisher Scientific Inc. | 2.39% | 12,211 | $5.9M | Reduce -2.2% |
| CRM Salesforce Inc. | 2.28% | 23,870 | $5.7M | Reduce -2.6% |
| GS Goldman Sachs Group Inc. | 2.13% | 6,625 | $5.3M | Reduce -5.5% |
| CMI Cummins Inc. | 2.05% | 12,050 | $5.1M | Reduce -1.7% |
| AMAT Applied Materials Inc. | 1.89% | 22,865 | $4.7M | Reduce -8.4% |
| EMR Emerson Electric Co. | 1.80% | 33,985 | $4.5M | Reduce -4.3% |
| UBER Uber Technologies Inc. | 1.73% | 43,832 | $4.3M | Add +9.3% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.72% | 201,350 | $4.3M | Add +1.0% |
| OEF iShares S&P 100 ETF | 1.68% | 12,501 | $4.2M | Reduce -4.8% |
| UNH Unitedhealth Group Inc. | 1.50% | 10,735 | $3.7M | Reduce -7.3% |
| COST Costco Wholesale Corp. | 1.38% | 3,703 | $3.4M | No change |
| AMGN Amgen Inc. | 1.31% | 11,525 | $3.3M | Add +0.4% |
| C Citigroup Inc. | 1.29% | 31,400 | $3.2M | Reduce -3.8% |
| ABBV Abbvie Inc. | 1.26% | 13,525 | $3.1M | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 1.25% | 45,425 | $3.1M | No change |
| VRTX Vertex Pharmaceuticals Inc. | 1.25% | 7,875 | $3.1M | Reduce -3.4% |
| FCX Freeport-McMoran Inc. | 1.22% | 76,875 | $3.0M | Add +1.3% |
| INTU Intuit Inc. | 1.19% | 4,299 | $2.9M | Reduce -3.6% |
| PEP Pepsico Inc. | 1.18% | 20,860 | $2.9M | Reduce -0.5% |
| MNST Monster Beverage Corp. | 1.11% | 40,695 | $2.7M | Reduce -6.9% |
| COF Capital One Financial Corp. | 1.06% | 12,315 | $2.6M | Add +2.7% |
| BBY Best Buy Co. Inc. | 1.02% | 33,475 | $2.5M | No change |
| TFC Truist Financial Corp. | 1.01% | 54,900 | $2.5M | Reduce -3.5% |
| YETI Yeti Holdings Inc. filed as YETI HLDGS INC | 0.98% | 73,250 | $2.4M | Reduce -6.9% |
| TGT Target Corp. | 0.96% | 26,547 | $2.4M | Add +4.1% |
| VEEV Veeva Systems Inc. Class A | 0.95% | 7,860 | $2.3M | Reduce -3.8% |
| CMG Chipotle Mexican Grill Inc. | 0.90% | 57,115 | $2.2M | Reduce -2.1% |
| SCZ iShares MSCI Eafe Small-Cap | 0.84% | 27,103 | $2.1M | Reduce -4.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.83% | 36,880 | $2.0M | Add +39.5% |
| HON Honeywell International Inc. | 0.82% | 9,705 | $2.0M | Reduce -29.6% |
| ADBE Adobe Inc. | 0.81% | 5,670 | $2.0M | Reduce -4.8% |
| JNJ Johnson & Johnson | 0.80% | 10,728 | $2.0M | Add +0.1% |
| SPGI S&P Global Inc. | 0.80% | 4,085 | $2.0M | Reduce -7.2% |
| NBIX Neurocrine Biosciences Inc. | 0.78% | 13,810 | $1.9M | Reduce -7.4% |
| HD Home Depot Inc. | 0.77% | 4,686 | $1.9M | Reduce -1.0% |
| IWN iShares Russell 2000 Value E | 0.76% | 10,700 | $1.9M | Reduce -5.1% |
| UPS United Parcel Service Class B | 0.76% | 22,471 | $1.9M | Add +16.9% |
| IWS iShares Russell Mid-Cap Valu | 0.75% | 13,373 | $1.9M | Reduce -5.0% |
| IDXX Idexx Laboratories Inc. | 0.74% | 2,873 | $1.8M | Reduce -5.6% |
| ZTS Zoetis Inc. | 0.74% | 12,487 | $1.8M | Reduce -3.2% |
| TREX Trex Company Inc. | 0.66% | 31,855 | $1.6M | Reduce -8.3% |
| MCD McDonald's Corp. | 0.66% | 5,370 | $1.6M | Add +0.7% |
| SBUX Starbucks Corp. | 0.65% | 18,952 | $1.6M | Reduce -1.6% |
| ABNB Airbnb Inc. Class A | 0.63% | 12,900 | $1.6M | New |
| LULU Lululemon Athletica Inc. | 0.61% | 8,485 | $1.5M | Reduce -38.2% |
| IBDX iShares Ibonds Dec 2032 TC | 0.58% | 56,000 | $1.4M | Add +6.7% |
| USB US Bancorp | 0.56% | 28,725 | $1.4M | Add +0.3% |
| VRT Vertiv Holdings Co. Class A | 0.53% | 8,710 | $1.3M | New |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.53% | 37,950 | $1.3M | Add +64.3% |
| SNPS Synopsys Inc. | 0.52% | 2,623 | $1.3M | Reduce -4.2% |
| ACN Accenture PLC Class A | 0.52% | 5,243 | $1.3M | No change |
| MDT Medtronic PLC | 0.48% | 12,530 | $1.2M | Reduce -0.8% |
| DHR Danaher Corp. | 0.44% | 5,470 | $1.1M | Reduce -4.7% |
| KNSL Kinsale Capital Group Inc. | 0.44% | 2,547 | $1.1M | Add +43.3% |
| NVDA Nvidia Corp. | 0.43% | 5,743 | $1.1M | Reduce -3.1% |
| MANH Manhattan Associates Inc. | 0.40% | 4,805 | $985K | Reduce -1.9% |
| LLY Eli Lilly & Co. | 0.35% | 1,130 | $862K | Add +0.3% |
| FBTC Fidelity Wise Origin Bitcoin | 0.33% | 8,203 | $819K | Add +0.4% |
| TPL Texas Pacific Land Corp. | 0.31% | 813 | $759K | Reduce -5.8% |
| AAPL Apple Inc. | 0.27% | 2,608 | $664K | Reduce -2.8% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.24% | 11,283 | $598K | Reduce -0.8% |
| IBMN iShares Ibonds Dec 2025 Term | 0.22% | 20,500 | $549K | No change |
| ISRG Intuitive Surgical Inc. | 0.22% | 1,196 | $535K | Add +20.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 709 | $472K | Reduce -3.9% |
| AFL Aflac Inc. | 0.18% | 4,000 | $447K | No change |
| HNRG Hallador Energy Co. | 0.15% | 19,000 | $372K | No change |
| IJR iShares Core S&P Small-Cap E | 0.14% | 2,984 | $355K | Add +2.9% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.13% | 13,000 | $333K | No change |
| IBMO iShares Ibonds Dec 2026 Term | 0.11% | 11,000 | $282K | No change |
| TSLA Tesla Inc. | 0.10% | 575 | $256K | New |
| IBMP iShares Ibonds Dec 2027 Term | 0.10% | 10,000 | $255K | No change |
| GOOG Alphabet Inc. Class C | 0.10% | 1,000 | $244K | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.09% | 2,549 | $222K | New |
| CVX Chevron Corp. | 0.09% | 1,422 | $221K | Add +1.7% |
| FDMT 4D Molecular Therapeutics Inc. | 0.09% | 25,000 | $217K | No change |
| META Meta Platforms Inc. Class A | 0.09% | 290 | $213K | Add +1.8% |
| HPE Hewlett Packard Enterprise | 0.08% | 8,410 | $207K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 335 | $201K | New |
| MBIN Merchants Bancorp | 0.08% | 6,295 | $200K | Reduce -6.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $6.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 3,365 | $4.3M | Reduce -0.2% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 33,500 | $2.3M | Add +24.9% |
Total filed on the 13F, all lines: $254.3M.
Portfolio Sells Q2 2025 → Q3 2025
| LULU Lululemon Athletica Inc. | Reduce -38.2% | 0.61% | −0.73 |
| HON Honeywell International Inc. | Reduce -29.6% | 0.82% | −0.49 |
| CRM Salesforce Inc. | Reduce -2.6% | 2.28% | −0.46 |
| CMG Chipotle Mexican Grill Inc. | Reduce -2.1% | 0.90% | −0.44 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.28 |
| INTU Intuit Inc. | Reduce -3.6% | 1.19% | −0.26 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -3.4% | 1.25% | −0.24 |
| JCI Johnson Controls Internation | Sold out | 0.00% | −0.20 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.19 |
| RTX RTX Corp. | Reduce -17.0% | 2.44% | −0.17 |
| SPGI S&P Global Inc. | Reduce -7.2% | 0.80% | −0.15 |
| EMR Emerson Electric Co. | Reduce -4.3% | 1.80% | −0.14 |
| IBDQ iShares Ibonds Dec 2025 Term | Reduce -3.2% | 2.84% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -3.5% | 3.45% | −0.14 |
| ADBE Adobe Inc. | Reduce -4.8% | 0.81% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -1.7% | 3.54% | −0.12 |
| TREX Trex Company Inc. | Reduce -8.3% | 0.66% | −0.11 |
| ZTS Zoetis Inc. | Reduce -3.2% | 0.74% | −0.09 |
| SBUX Starbucks Corp. | Reduce -1.6% | 0.65% | −0.08 |
| TPL Texas Pacific Land Corp. | Reduce -5.8% | 0.31% | −0.07 |
| SNPS Synopsys Inc. | Reduce -4.2% | 0.52% | −0.05 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -0.1% | 3.33% | −0.05 |
| YETI Yeti Holdings Inc. | Reduce -6.9% | 0.98% | −0.04 |
| DHR Danaher Corp. | Reduce -4.7% | 0.44% | −0.03 |
| VEEV Veeva Systems Inc. Class A | Reduce -3.8% | 0.95% | −0.02 |
| MNST Monster Beverage Corp. | Reduce -6.9% | 1.11% | −0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -4.9% | 0.84% | −0.01 |
| MBIN Merchants Bancorp | Reduce -6.5% | 0.08% | −0.01 |
| IWS iShares Russell Mid-Cap Valu | Reduce -5.0% | 0.75% | −0.01 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -0.8% | 0.24% | −0.00 |
| MANH Manhattan Associates Inc. | Reduce -1.9% | 0.40% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.9% | 0.19% | +0.00 |
| TFC Truist Financial Corp. | Reduce -3.5% | 1.01% | +0.01 |
| UNH Unitedhealth Group Inc. | Reduce -7.3% | 1.50% | +0.01 |
| NBIX Neurocrine Biosciences Inc. | Reduce -7.4% | 0.78% | +0.01 |
| AMAT Applied Materials Inc. | Reduce -8.4% | 1.89% | +0.01 |
| MSFT Microsoft Corp. | Reduce -1.6% | 3.36% | +0.03 |
| MDT Medtronic PLC | Reduce -0.8% | 0.48% | +0.03 |
| IWN iShares Russell 2000 Value E | Reduce -5.1% | 0.76% | +0.03 |
| OEF iShares S&P 100 ETF | Reduce -4.8% | 1.68% | +0.04 |
| AAPL Apple Inc. | Reduce -2.8% | 0.27% | +0.04 |
| PEP Pepsico Inc. | Reduce -0.5% | 1.18% | +0.05 |
| NVDA Nvidia Corp. | Reduce -3.1% | 0.43% | +0.05 |
| HD Home Depot Inc. | Reduce -1.0% | 0.77% | +0.05 |
| IDXX Idexx Laboratories Inc. | Reduce -5.6% | 0.74% | +0.07 |
| GS Goldman Sachs Group Inc. | Reduce -5.5% | 2.13% | +0.09 |
| C Citigroup Inc. | Reduce -3.8% | 1.29% | +0.15 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 3.15% | +0.18 |
| ABBV Abbvie Inc. | Reduce -1.1% | 1.26% | +0.22 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.2% | 2.39% | +0.31 |
Portfolio Buys Q2 2025 → Q3 2025
| ABNB Airbnb Inc. Class A | New | 0.63% | +0.63 |
| VRT Vertiv Holdings Co. Class A | New | 0.53% | +0.53 |
| SLB SLB Ltd. | Add +64.3% | 0.53% | +0.21 |
| UBER Uber Technologies Inc. | Add +9.3% | 1.73% | +0.20 |
| JNJ Johnson & Johnson | Add +0.1% | 0.80% | +0.13 |
| TSLA Tesla Inc. | New | 0.10% | +0.10 |
| GOOG Alphabet Inc. Class C | New | 0.10% | +0.10 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.09% | +0.09 |
| KNSL Kinsale Capital Group Inc. | Add +43.3% | 0.44% | +0.08 |
| HPE Hewlett Packard Enterprise | New | 0.08% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.08% | +0.08 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +39.5% | 0.83% | +0.08 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +2.5% | 2.65% | +0.04 |
| IBDX iShares Ibonds Dec 2032 TC | Add +6.7% | 0.58% | +0.03 |
| USB US Bancorp | Add +0.3% | 0.56% | +0.03 |
| MCD McDonald's Corp. | Add +0.7% | 0.66% | +0.02 |
| FBTC Fidelity Wise Origin Bitcoin | Add +0.4% | 0.33% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +2.9% | 0.14% | +0.01 |
| COF Capital One Financial Corp. | Add +2.7% | 1.06% | +0.01 |
| CVX Chevron Corp. | Add +1.7% | 0.09% | +0.01 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +1.0% | 1.72% | +0.00 |
| META Meta Platforms Inc. Class A | Add +1.8% | 0.09% | −0.00 |
| AMGN Amgen Inc. | Add +0.4% | 1.31% | −0.00 |
| ISRG Intuitive Surgical Inc. | Add +20.2% | 0.22% | −0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Add +1.3% | 2.98% | −0.01 |
| LLY Eli Lilly & Co. | Add +0.3% | 0.35% | −0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +0.2% | 3.24% | −0.03 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +0.5% | 3.76% | −0.03 |
| UPS United Parcel Service Class B | Add +16.9% | 0.76% | −0.04 |
| TGT Target Corp. | Add +4.1% | 0.96% | −0.07 |
| FCX Freeport-McMoran Inc. | Add +1.3% | 1.22% | −0.13 |
Notes & Other Activity Q2 2025 → Q3 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.2% | 3,365 | $4.3M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +24.9% | 33,500 | $2.3M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 89 | $261.1M | GOOGL, IBDT, IBDU, AMZN, IBDS |
| Q1 2026 | 84 | $240.0M | GOOGL, IBDT, IBDU, IBDS, IBDV |
| Q4 2025 | 88 | $250.8M | GOOGL, IBDT, AMZN, IBDU, MA |
| Q3 2025 | 91 | $247.7M | GOOGL, IBDT, AMZN, MA, MSFT |
| Q2 2025 | 87 | $243.6M | IBDT, AMZN, MA, IBDS, MSFT |
| Q1 2025 | 90 | $233.8M | IBDT, MA, IBDS, IBDU, AMZN |
| Q4 2024 | 90 | $243.0M | AMZN, GOOGL, MA, CRM, JPM |
| Q3 2024 | 92 | $247.2M | MA, TMO, GOOGL, JPM, AMZN |
| Q2 2024 | 91 | $238.8M | GOOGL, MA, MSFT, JPM, TMO |
| Q1 2024 | 90 | $242.0M | MA, TMO, JPM, MSFT, CRM |