Rareview Capital LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Rareview Capital LLC reported 51 stock positions worth $163.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 15.0% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 10.9%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 9.7%). Compared with Q2 2025, it opened 8 new positions, sold out of 8, added to 29 and reduced 10. The biggest buy was a new position in BlackRock Muniyield QLTY III (MYI) and the biggest sale an exit from SS Spdrb B 3-12M T-Bill ETF (BILS).
- Most Recent 13F
- Q2 2026
- Location
- LAS VEGAS, NV
- CIK
- 0002044533
- Portfolio Value
- $163.8M (Q3 2025)
- SEC Filing
- 0001420506-25-003364 ↗ filed Nov 14, 2025
Holdings Value
Holdings 51 stocks · $163.8M
| VOO Vanguard S&P 500 ETF | 15.02% | 43,311 | $24.6M | Reduce -2.5% |
| VEA Vanguard Ftse Developed ETF | 10.92% | 313,553 | $17.9M | Add +0.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 9.74% | 173,918 | $16.0M | Add +22.3% |
| QQQ Invesco QQQ Trust Series 1 | 8.46% | 25,125 | $13.9M | Reduce -4.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 4.28% | 29,580 | $7.0M | Reduce -2.5% |
| VWO Vanguard Ftse Emerging Marke | 4.20% | 139,173 | $6.9M | Reduce -3.2% |
| HYEM Vaneck Emrg MKTS Hi YLD | 2.40% | 198,033 | $3.9M | Add +197.3% |
| XEMDX Western Asset Emrg MRKT DBT | 2.33% | 379,417 | $3.8M | Add +12.9% |
| XMYDX BlackRock Muniyield Fund | 2.29% | 374,013 | $3.8M | Add +87.6% |
| MHD BlackRock Muniholdings Fund | 2.20% | 321,905 | $3.6M | Add +6.9% |
| EDD Morgan Stanley Emrg MRK Dom | 2.02% | 647,433 | $3.3M | Add +4.3% |
| BFK BlackRock Municipal Inc. TRST | 2.01% | 343,405 | $3.3M | Add +73.9% |
| NBH Neuberger Municipal Fund Inc. | 1.99% | 331,218 | $3.3M | Add +110.5% |
| BLE BlackRock Muni Inc. TR II | 1.95% | 318,699 | $3.2M | Reduce -5.6% |
| MMU Western Asset Managed Munici | 1.86% | 307,786 | $3.0M | Add +3.5% |
| MYI BlackRock Muniyield QLTY III | 1.84% | 287,907 | $3.0M | New |
| TEI Templeton Emrg MKTS Inc. | 1.68% | 458,981 | $2.8M | Add +19.5% |
| XEADX Allspring Income Opport | 1.62% | 374,952 | $2.6M | Add +13.0% |
| RA Brookfield Real Assets Incom | 1.56% | 190,901 | $2.6M | Add +22.1% |
| VKQ Invesco Municipal Trust | 1.55% | 277,387 | $2.5M | Add +16.5% |
| VMO Invesco Municipal Opport | 1.54% | 274,345 | $2.5M | Add +5.1% |
| IQI Invesco Quality Muni Inc. TR | 1.46% | 254,038 | $2.4M | Reduce -2.0% |
| TBIL F/M US Treasury 3 Month Bill | 1.42% | 46,423 | $2.3M | Reduce -13.8% |
| FEMB First Trust Emerging Markets | 1.35% | 76,349 | $2.2M | New |
| LDP Cohen & Steers Limited Durat | 1.28% | 100,280 | $2.1M | Add +13.1% |
| BTZ BlackRock Credit Allocation | 1.20% | 180,294 | $2.0M | Add +13.0% |
| USHY iShares Broad Usd High Yield | 1.17% | 51,101 | $1.9M | New |
| CARY Angel Oak Income ETF | 0.97% | 76,616 | $1.6M | Add +11.5% |
| PDX PIMCO Dynamic Income Strat | 0.93% | 61,864 | $1.5M | Add +37.1% |
| ERC Allspring Multi-Sector Inc. | 0.80% | 138,651 | $1.3M | Add +13.9% |
| NVG Nuveen Amt-FR Muni CRDT | 0.78% | 107,312 | $1.3M | Add +1.4% |
| FTF Franklin Ltd. Dur Inc. TR | 0.75% | 190,486 | $1.2M | Add +12.9% |
| BIT BlackRock Multi-Sector Inc. | 0.70% | 78,877 | $1.2M | New |
| FPF First TR Interm Dur & Inc. | 0.63% | 55,128 | $1.0M | Reduce -44.1% |
| NPFD Nuveen Var RT Pref & Inc. | 0.58% | 49,086 | $946K | Add +13.1% |
| SDHY Pgim SHRT Durat Hi YLD | 0.53% | 51,876 | $874K | Add +13.4% |
| EDV Vanguard Extended Dur Treas | 0.48% | 11,622 | $782K | New |
| NAC Nuveen Ca QLTY Muni Inc. | 0.45% | 66,167 | $739K | Add +0.1% |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | 0.42% | 58,710 | $691K | Add +0.1% |
| KIO KKR Income Opportunities | 0.39% | 50,500 | $634K | Reduce -70.6% |
| BHK BlackRock Core Bond Trust | 0.33% | 55,308 | $538K | No change |
| XPCQX PIMCO California Muni Inc. FD | 0.29% | 55,616 | $478K | New |
| AVGO Broadcom Inc. | 0.27% | 1,627 | $448K | No change |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.22% | 6,841 | $365K | New |
| BKT BlackRock Income Trust | 0.19% | 26,762 | $314K | New |
| EHI Western Asset Global High Inc. | 0.18% | 44,181 | $289K | Add +3.9% |
| MUC BlackRock Munihold Ca QLTY | 0.16% | 25,176 | $261K | Add +0.1% |
| BWG Brandywineglobal Global Inco | 0.15% | 30,205 | $251K | Add +16.3% |
| AFRM Affirm Holdings Inc. | 0.15% | 3,541 | $245K | No change |
| MSFT Microsoft Corp. | 0.14% | 471 | $234K | No change |
| DCRE DBL Comm Real Est Debt | 0.14% | 4,342 | $226K | Reduce -45.8% |
Portfolio Sells Q2 2025 → Q3 2025
| BILS SS Spdrb B 3-12M T-Bill ETF | Sold out | 0.00% | −2.81 |
| NAD Nuveen Quality Municipal Inc. | Sold out | 0.00% | −1.93 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Sold out | 0.00% | −1.45 |
| FAX Abrdn Asia-Pacific Income | Sold out | 0.00% | −1.36 |
| HIX Western Asset High Inc. II | Sold out | 0.00% | −1.03 |
| KIO KKR Income Opportunities | Reduce -70.6% | 0.39% | −0.98 |
| VOO Vanguard S&P 500 ETF | Reduce -2.5% | 15.02% | −0.90 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.5% | 8.46% | −0.70 |
| FPF First TR Interm Dur & Inc. | Reduce -44.1% | 0.63% | −0.54 |
| AGNC AGNC Investment Corp. | Sold out | 0.00% | −0.40 |
| XEVMX Eaton Vance Cal Muni Bond | Sold out | 0.00% | −0.29 |
| VWO Vanguard Ftse Emerging Marke | Reduce -3.2% | 4.20% | −0.28 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -13.8% | 1.42% | −0.28 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.5% | 4.28% | −0.26 |
| BLE BlackRock Muni Inc. TR II | Reduce -5.6% | 1.95% | −0.19 |
| DCRE DBL Comm Real Est Debt | Reduce -45.8% | 0.14% | −0.13 |
| IQI Invesco Quality Muni Inc. TR | Reduce -2.0% | 1.46% | −0.08 |
| NZF Nuveen Municipal Credit Inc. | Sold out | 0.00% | −0.08 |
Portfolio Buys Q2 2025 → Q3 2025
| MYI BlackRock Muniyield QLTY III | New | 1.84% | +1.84 |
| HYEM Vaneck Emrg MKTS Hi YLD | Add +197.3% | 2.40% | +1.56 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +22.3% | 9.74% | +1.51 |
| FEMB First Trust Emerging Markets | New | 1.35% | +1.35 |
| USHY iShares Broad Usd High Yield | New | 1.17% | +1.17 |
| XMYDX BlackRock Muniyield Fund | Add +87.6% | 2.29% | +1.03 |
| NBH Neuberger Municipal Fund Inc. | Add +110.5% | 1.99% | +1.01 |
| BFK BlackRock Municipal Inc. TRST | Add +73.9% | 2.01% | +0.82 |
| BIT BlackRock Multi-Sector Inc. | New | 0.70% | +0.70 |
| EDV Vanguard Extended Dur Treas | New | 0.48% | +0.48 |
| XPCQX PIMCO California Muni Inc. FD | New | 0.29% | +0.29 |
| RA Brookfield Real Assets Incom | Add +22.1% | 1.56% | +0.24 |
| PDX PIMCO Dynamic Income Strat | Add +37.1% | 0.93% | +0.23 |
| TEI Templeton Emrg MKTS Inc. | Add +19.5% | 1.68% | +0.23 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.22% | +0.22 |
| XEMDX Western Asset Emrg MRKT DBT | Add +12.9% | 2.33% | +0.20 |
| BKT BlackRock Income Trust | New | 0.19% | +0.19 |
| VKQ Invesco Municipal Trust | Add +16.5% | 1.55% | +0.17 |
| XEADX Allspring Income Opport | Add +13.0% | 1.62% | +0.14 |
| LDP Cohen & Steers Limited Durat | Add +13.1% | 1.28% | +0.11 |
| BTZ BlackRock Credit Allocation | Add +13.0% | 1.20% | +0.10 |
| ERC Allspring Multi-Sector Inc. | Add +13.9% | 0.80% | +0.07 |
| MHD BlackRock Muniholdings Fund | Add +6.9% | 2.20% | +0.07 |
| CARY Angel Oak Income ETF | Add +11.5% | 0.97% | +0.07 |
| FTF Franklin Ltd. Dur Inc. TR | Add +12.9% | 0.75% | +0.06 |
| NPFD Nuveen Var RT Pref & Inc. | Add +13.1% | 0.58% | +0.05 |
| SDHY Pgim SHRT Durat Hi YLD | Add +13.4% | 0.53% | +0.05 |
| VMO Invesco Municipal Opport | Add +5.1% | 1.54% | +0.02 |
| EDD Morgan Stanley Emrg MRK Dom | Add +4.3% | 2.02% | +0.02 |
| BWG Brandywineglobal Global Inco | Add +16.3% | 0.15% | +0.02 |
| MMU Western Asset Managed Munici | Add +3.5% | 1.86% | +0.00 |
| EHI Western Asset Global High Inc. | Add +3.9% | 0.18% | +0.00 |
| MUC BlackRock Munihold Ca QLTY | Add +0.1% | 0.16% | −0.01 |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | Add +0.1% | 0.42% | −0.01 |
| NAC Nuveen Ca QLTY Muni Inc. | Add +0.1% | 0.45% | −0.01 |
| NVG Nuveen Amt-FR Muni CRDT | Add +1.4% | 0.78% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Add +0.9% | 10.92% | −0.27 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 51 | $178.8M | VOO, VEA, QQQ, VWO, VB |
| Q1 2026 | 52 | $170.6M | VOO, VEA, QQQ, VWO, VB |
| Q4 2025 | 51 | $154.2M | VOO, VEA, QQQ, VWO, VB |
| Q3 2025 | 51 | $163.8M | VOO, VEA, BIL, QQQ, VB |
| Q2 2025 | 51 | $158.4M | VOO, VEA, QQQ, BIL, VB |
| Q1 2025 | 45 | $157.9M | VOO, VEA, QQQ, BIL, VB |
| Q4 2024 | 53 | $138.2M | VOO, TBIL, VEA, QQQ, NZF |
| Q3 2024 | 49 | $133.9M | VOO, VEA, TBIL, QQQ, NVG |
| Q2 2024 | 45 | $104.5M | BIL, VOO, VEA, QQQ, NVG |
| Q1 2024 | 44 | $101.7M | VOO, BIL, VEA, VB, VWO |