Putney Financial Group LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Putney Financial Group LLC reported 279 stock positions worth $95.0 million. Its top holding was Apple (AAPL) at 24.8% of the portfolio, followed by Amazon.com (AMZN, 8.0%) and Alphabet Class A (GOOGL, 6.6%). Compared with Q4 2024, it opened 10 new positions, sold out of 34, added to 10 and reduced 92. The biggest buy was Cloudflare Class A (NET, shares +0%) and the biggest sale Costco Wholesale (COST, shares −58%).

Most Recent 13F
Q2 2026
Location
SAN RAFAEL, CA
CIK
0002056907
Portfolio Value
$95.0M (Q1 2025)
SEC Filing
0002056907-25-000002 ↗ filed Apr 22, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $112.3M Q4 2024 Q1 2025: $95.0M $95.0M Q1 2025 Q2 2025: $99.0M Q2 2025 Q3 2025: $100.8M Q3 2025 Q4 2025: $107.0M Q4 2025 Q1 2026: $99.3M Q1 2026 Q2 2026: $111.1M Q2 2026

Holdings 279 stocks · $95.0M
AAPL Apple Inc. 24.80% 106,134 $23.6M Reduce -3.2%
AMZN Amazon.com Inc. 7.99% 39,927 $7.6M Reduce -2.3%
GOOGL Alphabet Inc. Class A 6.56% 40,347 $6.2M Reduce -2.0%
MSFT Microsoft Corp. 5.37% 13,607 $5.1M Reduce -3.2%
MA Mastercard Inc. Class A 3.47% 6,019 $3.3M Reduce -1.6%
CPRT Copart Inc. 3.36% 56,474 $3.2M Reduce -2.6%
NVDA Nvidia Corp. 2.48% 21,744 $2.4M Reduce -0.4%
V Visa Inc. Class A 2.03% 5,499 $1.9M Reduce -0.2%
TREX Trex Company Inc. 2.00% 32,713 $1.9M Reduce -8.6%
SHOP Shopify Inc. Class A 1.80% 17,933 $1.7M Reduce -3.4%
BRK.B Berkshire Hathaway Inc. Class B 1.71% 3,052 $1.6M Reduce -17.5%
COST Costco Wholesale Corp. 1.46% 1,468 $1.4M Reduce -57.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.44% 5,496 $1.4M Reduce -5.0%
UNP Union Pacific Corp. 1.43% 5,754 $1.4M Reduce -20.3%
TSM Taiwan Semiconductor-SP ADR 1.40% 8,019 $1.3M Reduce -1.9%
LLY Eli Lilly & Co. 1.30% 1,495 $1.2M Reduce -15.4%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 1.20% 20,896 $1.1M Add +0.4%
ANET Arista Networks Inc. 1.14% 14,044 $1.1M Reduce -2.7%
CRM Salesforce Inc. 1.13% 3,985 $1.1M Reduce -4.5%
CRWD CrowdStrike Holdings Inc. Class A 1.08% 2,914 $1.0M Reduce -1.1%
LMT Lockheed Martin Corp. 1.01% 2,159 $964K Reduce -1.7%
ABBV Abbvie Inc. 0.96% 4,371 $916K Reduce -0.9%
DHR Danaher Corp. 0.77% 3,585 $735K Reduce -5.0%
NET Cloudflare Inc. Class A 0.73% 6,192 $698K Add +0.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.57% 3,150 $544K Reduce -7.2%
CMC Commercial Metals Co. 0.54% 11,183 $515K Reduce -8.6%
BMI Badger Meter Inc. 0.54% 2,678 $509K No change
PG The Procter & Gamble Co. 0.52% 2,879 $491K Reduce -1.4%
JPM JPMorgan Chase & Co. 0.51% 1,993 $489K No change
DE Deere & Co. 0.50% 1,018 $478K Reduce -1.0%
ADP Automatic Data Processing 0.47% 1,465 $448K Reduce -2.3%
CME Cme Group Inc. 0.47% 1,675 $444K No change
VRTX Vertex Pharmaceuticals Inc. 0.47% 915 $444K Reduce -4.2%
ADBE Adobe Inc. 0.45% 1,106 $424K Reduce -3.5%
CLH Clean Harbors Inc. 0.44% 2,145 $423K Reduce -3.4%
WM Waste Management Inc. 0.44% 1,817 $421K Reduce -2.4%
NEE Nextera Energy Inc. 0.44% 5,904 $419K Reduce -2.0%
CASH Pathward Financial Inc. 0.43% 411,470 $411K Reduce -6.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.43% 4,731 $407K Reduce -3.9%
SHW The Sherwin-Williams Co. 0.41% 1,103 $385K Reduce -4.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.39% 374 $369K No change
BSX Boston Scientific Corp. 0.39% 3,654 $369K No change
IBKR Interactive Brokers Gro Class A 0.38% 2,207 $365K No change
NFLX Netflix Inc. 0.38% 385 $359K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.37% 3,554 $351K Reduce -7.3%
LPX Louisiana-Pacific Corp. 0.36% 3,754 $345K No change
ISRG Intuitive Surgical Inc. 0.36% 682 $338K No change
AMD Advanced Micro Devices 0.35% 3,225 $331K Reduce -3.0%
HEI Heico Corp. 0.35% 1,237 $331K No change
QCOM Qualcomm Inc. 0.34% 2,106 $324K Reduce -1.7%
SYK Stryker Corp. 0.32% 811 $302K No change
VZ Verizon Communications Inc. 0.32% 6,629 $301K Reduce -11.8%
TMO Thermo Fisher Scientific Inc. 0.32% 604 $301K Reduce -6.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.30% 6,805 $284K Reduce -1.4%
TSLA Tesla Inc. 0.28% 1,041 $270K Reduce -9.9%
GD General Dynamics Corp. 0.27% 950 $259K Add +5.2%
GLD SPDR Gold Shares 0.27% 897 $258K Add +2.5%
RPM RPM International Inc. 0.27% 2,228 $258K Reduce -11.0%
INTU Intuit Inc. 0.27% 417 $256K No change
CVX Chevron Corp. 0.27% 1,529 $256K Reduce -42.1%
LNN Lindsay Corp. 0.26% 1,940 $245K Reduce -1.5%
TSCO Tractor Supply Company 0.26% 4,444 $245K Reduce -0.8%
GOOG Alphabet Inc. Class C 0.24% 1,433 $224K No change
WWD Woodward Inc. 0.21% 1,118 $204K No change
SPHR Sphere Entertainment Co. 0.19% 5,635 $184K Reduce -11.5%
PAYX Paychex Inc. 0.19% 1,170 $181K No change
FISV Fiserv Inc. 0.19% 798 $176K No change
COP Conocophillips 0.19% 1,675 $176K No change
PEP Pepsico Inc. 0.18% 1,145 $172K Reduce -2.5%
HD Home Depot Inc. 0.18% 463 $170K Reduce -0.2%
AMGN Amgen Inc. 0.18% 542 $169K Reduce -14.7%
WCN Waste Connections Inc. 0.17% 817 $159K No change
ABNB Airbnb Inc. Class A 0.16% 1,310 $156K Reduce -3.5%
DELL Dell Technologies -C 0.16% 1,702 $155K Reduce -6.5%
KMI Kinder Morgan Inc. 0.16% 5,220 $149K Reduce -8.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.15% 350 $147K No change
MCD McDonald's Corp. 0.14% 429 $134K Add +4.1%
ECL Ecolab Inc. 0.14% 509 $129K No change
NOC Northrop Grumman Corp. 0.13% 240 $123K Add +34.8%
ORCL Oracle Corp. 0.12% 841 $118K Reduce -54.3%
TGT Target Corp. 0.12% 1,125 $117K No change
PSA Public Storage 0.12% 376 $113K Reduce -5.8%
AEP American Electric Power 0.11% 978 $107K No change
CSCO Cisco Systems Inc. 0.11% 1,659 $102K No change
AFL Aflac Inc. 0.11% 900 $100K No change
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.10% 1,925 $100K Reduce -4.9%
WFC Wells Fargo & Co. 0.10% 1,371 $98K Reduce -6.8%
NYT New York Times Co. Class A 0.10% 1,961 $97K No change
CLX Clorox Company 0.10% 640 $94K No change
XOM Exxon Mobil Corp. 0.10% 765 $91K Reduce -24.5%
REGN Regeneron Pharmaceuticals 0.09% 142 $90K Reduce -11.8%
AMLP Alerian MLP ETF 0.09% 1,646 $85K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 152 $85K Reduce -3.8%
STX Seagate Technology Holdings 0.09% 1,000 $85K No change
PSX Phillips 66 0.09% 679 $84K No change
WMT Walmart Inc. 0.09% 942 $83K Reduce -8.4%
HPQ HP Inc. 0.08% 2,897 $80K No change
COF Capital One Financial Corp. 0.08% 443 $79K Reduce -20.2%
PH Parker Hannifin Corp. 0.08% 129 $78K No change
FDX FedEx Corp. 0.08% 321 $78K No change

Show all 279 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $332 (not counted above)
SecurityClassShares / PrincipalValueChange
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 12$332No change

Total filed on the 13F, all lines: $95.0M.

Portfolio Sells Q4 2024 → Q1 2025
COST Costco Wholesale Corp. Reduce -57.9% 1.46% −1.38
PLBC Plumas Bancorp Sold out 0.00% −0.51
GOOGL Alphabet Inc. Class A Reduce -2.0% 6.56% −0.38
ANET Arista Networks Inc. Reduce -2.7% 1.14% −0.28
IYT iShares US Transportation Et Sold out 0.00% −0.23
TREX Trex Company Inc. Reduce -8.6% 2.00% −0.20
ES Eversource Energy Sold out 0.00% −0.18
ORCL Oracle Corp. Reduce -54.3% 0.12% −0.15
IDA Idacorp Inc. Sold out 0.00% −0.15
NVDA Nvidia Corp. Reduce -0.4% 2.48% −0.13
TSLA Tesla Inc. Reduce -9.9% 0.28% −0.13
META Meta Platforms Inc. Class A Reduce -68.6% 0.07% −0.12
CRM Salesforce Inc. Reduce -4.5% 1.13% −0.12
HON Honeywell International Inc. Reduce -95.2% 0.01% −0.10
GAB Gabelli Equity Trust Sold out 0.00% −0.09
SRE Sempra Sold out 0.00% −0.08
FVD First Trust Value Line DVD Sold out 0.00% −0.08
YUM Yum! Brands Inc. Reduce -95.1% 0.01% −0.07
CVX Chevron Corp. Reduce -42.1% 0.27% −0.07
CWT California Water Service Grp Sold out 0.00% −0.07
CAT Caterpillar Inc. Reduce -66.9% 0.03% −0.06
XEMDX Western Asset Emrg MRKT DBT Sold out 0.00% −0.04
ROST Ross Stores Inc. Sold out 0.00% −0.04
TSM Taiwan Semiconductor-SP ADR Reduce -1.9% 1.40% −0.04
UNP Union Pacific Corp. Reduce -20.3% 1.43% −0.04
PFN PIMCO Income Strategy FD II Sold out 0.00% −0.04
SPHR Sphere Entertainment Co. Reduce -11.5% 0.19% −0.03
NNN NNN REIT Inc. Sold out 0.00% −0.03
SBUX Starbucks Corp. Reduce -66.0% 0.03% −0.03
IRM Iron Mountain Inc. Reduce -3.9% 0.43% −0.03
DELL Dell Technologies -C Reduce -6.5% 0.16% −0.02
SPYV SS SPDR P S&P 500 Value ETF Sold out 0.00% −0.02
DVN Devon Energy Corp. Sold out 0.00% −0.02
DOCU Docusign Inc. Reduce -29.5% 0.04% −0.01
PFE Pfizer Inc. Sold out 0.00% −0.01
NXPI NXP Semiconductors NV Sold out 0.00% −0.01
DDOG Datadog Inc. Class A Reduce -33.3% 0.02% −0.01
DIS The Walt Disney Co. Reduce -7.3% 0.37% −0.01
TYG Tortoise Energy Infrastruct Sold out 0.00% −0.01
CLH Clean Harbors Inc. Reduce -3.4% 0.44% −0.01
LW Lamb Weston Holdings Inc. Reduce -28.2% 0.02% −0.01
DLR Digital Realty Trust Inc. Reduce -7.7% 0.07% −0.01
NKE Nike Inc. Class B Reduce -25.8% 0.03% −0.01
AMD Advanced Micro Devices Reduce -3.0% 0.35% −0.01
NOK Nokia Corp.-Spon ADR Sold out 0.00% −0.01
BBY Best Buy Co. Inc. Sold out 0.00% −0.01
ADBE Adobe Inc. Reduce -3.5% 0.45% −0.01
REGN Regeneron Pharmaceuticals Reduce -11.8% 0.09% −0.01
PCOR Procore Technologies Inc. Sold out 0.00% −0.01
MSGS Madison Square Garden Sports Reduce -28.0% 0.02% −0.01

Portfolio Buys Q4 2024 → Q1 2025
NET Cloudflare Inc. Class A Add +0.5% 0.73% +0.14
GLD SPDR Gold Shares Add +2.5% 0.27% +0.08
GD General Dynamics Corp. Add +5.2% 0.27% +0.06
NOC Northrop Grumman Corp. Add +34.8% 0.13% +0.05
MCD McDonald's Corp. Add +4.1% 0.14% +0.03
NUE Nucor Corp. Add +86.8% 0.06% +0.03
ASML ASML Holding NV-NY Reg SHS Add +322.2% 0.03% +0.02
SSD Simpson Manufacturing Co. Inc. New 0.02% +0.02
GEV GE Vernova Inc. New 0.02% +0.02
AWK American Water Works Co. Inc. New 0.02% +0.02
VMC Vulcan Materials Co. New 0.01% +0.01
XYL Xylem Inc. New 0.01% +0.01
ACN Accenture PLC Class A New 0.01% +0.01
KALU Kaiser Aluminum Corp. New 0.01% +0.01
UPST Upstart Holdings Inc. New 0.01% +0.01
FCX Freeport-McMoran Inc. New 0.01% +0.01
AA Alcoa Corp. New 0.01% +0.01
PYPL PayPal Holdings Inc. Add +74.7% 0.01% +0.00
VST Vistra Corp. Add +33.7% 0.01% +0.00
TTD Trade Desk Inc./the Class A Add +0.4% 1.20% −0.98

Notes & Other Activity Q4 2024 → Q1 2025
ALB Albemarle Corp. COM Sold out 0 $0before exit
NLY Annaly Capital Management Inc. COM NEW Sold out 0 $0before exit
APLE Apple Hospitality REIT Inc. COM NEW Sold out 0 $0before exit
F Ford Motor Co. COM Sold out 0 $0before exit
GPC Genuine Parts Co. COM Sold out 0 $0before exit
HASI Ha Sustainable Infrastructur COM Sold out 0 $0before exit
VVR Invesco Senior Income Trust COM Sold out 0 $0before exit
INVH Invitation Homes Inc. COM Sold out 0 $0before exit
ONL Orion Properties Inc. COM Sold out 0 $0before exit
PCG P G & E Corp. COM New 0 $0
PNNT Pennantpark Investment Corp. COM Sold out 0 $0before exit
PCN PIMCO Corporate & Income STR COM Sold out 0 $0before exit
PTY PIMCO Corporate & Income Opp COM Sold out 0 $0before exit
PAA Plains All Amer Pipeline LP UNIT LTD PARTN Sold out 0 $0before exit
BITO Proshares Bitcoin ETF-Usd BITCOIN ETF Sold out 0 $0before exit
O Realty Income Corp. COM Sold out 0 $0before exit
UTG Reaves Utility Income Fund COM SH BEN INT Sold out 0 $0before exit
WBD Warner Bros Discovery Inc. COM SER A Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 78$111.1MAAPL, GOOGL, AMZN, MSFT, NVDA
Q1 2026 84$99.3MAAPL, GOOGL, AMZN, MSFT, NVDA
Q4 2025 79$107.0MAAPL, GOOGL, AMZN, MSFT, NVDA
Q3 2025 77$100.8MAAPL, GOOGL, AMZN, MSFT, NVDA
Q2 2025Amended 292$99.0MAAPL, AMZN, GOOGL, MSFT, NVDA
Q1 2025 279$95.0MAAPL, AMZN, GOOGL, MSFT, MA
Q4 2024 303$112.3MAAPL, AMZN, GOOGL, MSFT, CPRT