RMR Capital Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 23, 2025), RMR Capital Management, LLC reported 76 stock positions worth $134.3 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 18.1% of the portfolio, followed by iShares 0-3 Month Treasury B (SGOV, 11.5%) and Sixth Street Specialty Lendi (TSLX, 3.9%). Compared with Q3 2024, it opened 7 new positions, sold out of 3, added to 15 and reduced 16. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +57%) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −1%).

Most Recent 13F
Q2 2026
Location
Tustin, CA
CIK
0002032709
Portfolio Value
$134.3M (Q4 2024)
SEC Filing
0001172661-25-000323 ↗ filed Jan 23, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $100.5M Q1 2024 Q2 2024: $109.5M Q2 2024 Q3 2024: $117.6M Q3 2024 Q4 2024: $134.3M $134.3M Q4 2024 Q1 2025: $138.6M Q1 2025 Q2 2025: $139.9M Q2 2025 Q3 2025: $143.2M Q3 2025 Q4 2025: $138.6M Q4 2025 Q1 2026: $138.5M Q1 2026 Q2 2026: $145.2M Q2 2026

Holdings 76 stocks · $134.3M
BRK.B Berkshire Hathaway Inc. Class B 18.09% 53,590 $24.3M Reduce -0.9%
SGOV iShares 0-3 Month Treasury B 11.47% 153,581 $15.4M Add +57.5%
TSLX Sixth Street Specialty Lendi 3.87% 244,172 $5.2M Add +55.7%
SYFI AB SHRT Duration HGH YLD ETF filed as AB ACTIVE ETFS INC 3.14% 118,313 $4.2M Add +259.1%
RSP Invesco S&P 500 Equal Weight 3.08% 23,602 $4.1M Reduce -0.8%
GOOGL Alphabet Inc. Class A 2.73% 19,363 $3.7M Reduce -0.7%
BRK.A Berkshire Hathaway Inc. Class A 2.54% 5 $3.4M Reduce -16.7%
PFF iShares Preferred & Income S 2.49% 106,456 $3.3M Add +258.2%
COST Costco Wholesale Corp. 2.48% 3,632 $3.3M No change
SPSM SS SPDR P S&P 600 Small Cap 2.44% 72,809 $3.3M Add +1.4%
CASH Pathward Financial Inc. 2.12% 38,617 $2.8M No change
VBR Vngrd Mrngst SL-CP Val ETF-U 2.10% 14,206 $2.8M Reduce -0.9%
VOE Vngrd Mrngstr MD-Cap Val ETF 1.87% 15,493 $2.5M Reduce -0.7%
BINC iShares Flex I A ETF-Usd Inc. 1.79% 46,197 $2.4M Add +693.6%
QUAL iShares MSCI USA Quality Fac 1.69% 12,777 $2.3M Reduce -0.8%
WMT Walmart Inc. 1.69% 25,050 $2.3M Reduce -18.7%
AXP American Express Co. 1.67% 7,558 $2.2M No change
JPM JPMorgan Chase & Co. 1.55% 8,679 $2.1M No change
AAPL Apple Inc. 1.46% 7,832 $2.0M No change
JOE The St Joe Co. 1.46% 43,584 $2.0M Add +7.5%
VCIT Vanguard Int-Term Corporate 1.40% 23,396 $1.9M New
MCD McDonald's Corp. 1.30% 6,039 $1.8M No change
MSFT Microsoft Corp. 1.29% 4,107 $1.7M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.28% 6,500 $1.7M Add +0.5%
ABBV Abbvie Inc. 1.22% 9,212 $1.6M No change
RPV Invesco S&P 500 Pure Value E 1.18% 17,525 $1.6M Reduce -1.7%
RTX RTX Corp. 1.13% 13,059 $1.5M No change
FTA First Trust L C Val Alp 1.12% 19,611 $1.5M Reduce -1.2%
SCHW Schwab (charles) Corp. 1.05% 18,976 $1.4M Reduce -13.1%
V Visa Inc. Class A 1.03% 4,362 $1.4M No change
IGLB iShares 10+ Year Inv GR Corp. 1.01% 27,522 $1.4M Add +87.7%
JNJ Johnson & Johnson 0.94% 8,702 $1.3M No change
AMZN Amazon.com Inc. 0.86% 5,289 $1.2M No change
GS Goldman Sachs Group Inc. 0.81% 1,911 $1.1M Reduce -23.6%
IVV iShares Core S&P 500 ETF 0.72% 1,638 $964K No change
PYLD PIMCO Multisector Bond Actv 0.71% 36,566 $948K Add +55.8%
GOOG Alphabet Inc. Class C 0.69% 4,860 $926K No change
HQI Hirequest Inc. 0.67% 63,572 $900K Reduce -0.5%
ABT Abbott Laboratories 0.67% 7,900 $894K No change
GD General Dynamics Corp. 0.66% 3,357 $885K No change
BFOR Barron's 400 ETF 0.64% 11,774 $857K Add +0.0%
HYBB iShares BB Rated Corp. Bond 0.60% 17,626 $811K New
GLD SPDR Gold Shares 0.58% 3,231 $782K No change
FICO Fair Isaac Corp. 0.57% 382 $761K No change
CSX CSX Corp. 0.56% 23,278 $751K No change
DTD Wisdomtree US Total Dividend 0.54% 9,554 $725K Add +0.1%
ITA iShares U.S. Aerospace & Def 0.53% 4,850 $705K Add +0.1%
BIL SS SPDR BB 1-3M T-Bill ETF 0.48% 7,013 $641K Add +12.4%
SPLB SS SPDR P Long Term C ETF 0.40% 23,971 $533K No change
PAYX Paychex Inc. 0.37% 3,506 $492K No change
CPNG Coupang Inc. 0.35% 21,592 $475K No change
KO The Coca-Cola Co. 0.35% 7,507 $467K Reduce -12.5%
NVDA Nvidia Corp. 0.33% 3,318 $446K No change
NNI Nelnet Inc. Class A 0.32% 4,035 $431K No change
IJR iShares Core S&P Small-Cap E 0.28% 3,273 $377K Add +6.2%
CB Chubb Ltd. 0.27% 1,325 $366K No change
SSD Simpson Manufacturing Co. Inc. 0.25% 2,020 $335K No change
IGIB iShares 5-10Y Inv Grade Corp. 0.25% 6,477 $334K New
VYM Vanguard High DVD Yield ETF 0.25% 2,607 $333K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.25% 3,085 $330K New
LLY Eli Lilly & Co. 0.24% 418 $323K No change
MKL Markel Group Inc. 0.24% 186 $321K No change
AIG American International Group 0.22% 4,069 $296K No change
FBTC Fidelity Wise Origin Bitcoin 0.20% 3,356 $274K New
SPY SS SPDR S&P 500 ETF Trust-US 0.18% 406 $238K Reduce -17.0%
IJH iShares Core S&P Midcap ETF 0.18% 3,785 $236K No change
IWD iShares Russell 1000 Value E 0.18% 1,273 $236K No change
ISCV iShares Morningstar Small-Ca 0.17% 3,699 $235K No change
UDR Udr Inc. 0.17% 5,171 $224K No change
IWB iShares Russell 1000 ETF 0.16% 654 $211K Reduce -17.0%
MDLZ Mondelez International Inc. Class A 0.16% 3,509 $210K No change
VOO Vanguard S&P 500 ETF 0.15% 373 $201K New
DIREXION SHS ETF TR 0.08% 13,263 $107K New
IDN Intellicheck Inc. 0.07% 35,550 $100K No change
TSLA Tesla Inc. 0.01% 34 $14K No change
SENS Senseonics Holdings Inc. 0.00% 11,629 $6K No change

Options reported separately and not counted above: TSLA puts ($1.2M).

Portfolio Sells Q3 2024 → Q4 2024
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.9% 18.09% −3.08
HSY The Hershey Co. Sold out 0.00% −1.01
BRK.A Berkshire Hathaway Inc. Class A Reduce -16.7% 2.54% −0.99
RSP Invesco S&P 500 Equal Weight Reduce -0.8% 3.08% −0.55
WMT Walmart Inc. Reduce -18.7% 1.69% −0.43
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -0.7% 1.87% −0.36
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -0.9% 2.10% −0.35
QUAL iShares MSCI USA Quality Fac Reduce -0.8% 1.69% −0.27
GS Goldman Sachs Group Inc. Reduce -23.6% 0.81% −0.24
FTA First Trust L C Val Alp Reduce -1.2% 1.12% −0.22
NOC Northrop Grumman Corp. Sold out 0.00% −0.18
KO The Coca-Cola Co. Reduce -12.5% 0.35% −0.18
RPV Invesco S&P 500 Pure Value E Reduce -1.7% 1.18% −0.17
SCHW Schwab (charles) Corp. Reduce -13.1% 1.05% −0.16
HQI Hirequest Inc. Reduce -0.5% 0.67% −0.10
SNDL SNDL Inc. Sold out 0.00% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Reduce -17.0% 0.18% −0.06
IWB iShares Russell 1000 ETF Reduce -17.0% 0.16% −0.05
GOOGL Alphabet Inc. Class A Reduce -0.7% 2.73% −0.02

Portfolio Buys Q3 2024 → Q4 2024
SGOV iShares 0-3 Month Treasury B Add +57.5% 11.47% +3.12
SYFI AB SHRT Duration HGH YLD ETF Add +259.1% 3.14% +2.14
PFF iShares Preferred & Income S Add +258.2% 2.49% +1.65
BINC iShares Flex I A ETF-Usd Inc. Add +693.6% 1.79% +1.52
VCIT Vanguard Int-Term Corporate New 1.40% +1.40
TSLX Sixth Street Specialty Lendi Add +55.7% 3.87% +1.14
HYBB iShares BB Rated Corp. Bond New 0.60% +0.60
IGLB iShares 10+ Year Inv GR Corp. Add +87.7% 1.01% +0.34
IGIB iShares 5-10Y Inv Grade Corp. New 0.25% +0.25
LQD Ishr Ibx Usd Invgd CB ETF-Ui New 0.25% +0.25
FBTC Fidelity Wise Origin Bitcoin New 0.20% +0.20
PYLD PIMCO Multisector Bond Actv Add +55.8% 0.71% +0.17
VOO Vanguard S&P 500 ETF New 0.15% +0.15
DIREXION SHS ETF TR New 0.08% +0.08
BIL SS SPDR BB 1-3M T-Bill ETF Add +12.4% 0.48% −0.01
IJR iShares Core S&P Small-Cap E Add +6.2% 0.28% −0.03
BFOR Barron's 400 ETF Add +0.0% 0.64% −0.08
DTD Wisdomtree US Total Dividend Add +0.1% 0.54% −0.08
ITA iShares U.S. Aerospace & Def Add +0.1% 0.53% −0.09
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.5% 1.28% −0.17
SPSM SS SPDR P S&P 600 Small Cap Add +1.4% 2.44% −0.34
JOE The St Joe Co. Add +7.5% 1.46% −0.55

Options Activity Q3 2024 → Q4 2024
TSLA Tesla Inc. put Reduce -81.8% 3,000 $1.2M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 76$145.2MBRK.B, SGOV, GOOGL, RSP, TSLX
Q1 2026 75$138.5MBRK.B, SGOV, GOOGL, RSP, TSLX
Q4 2025 72$138.6MBRK.B, SGOV, GOOGL, RSP, SYFI
Q3 2025 80$143.2MBRK.B, SGOV, TSLX, SYFI, RSP
Q2 2025 73$139.9MSGOV, BRK.B, TSLX, RSP, SYFI
Q1 2025 78$138.6MBRK.B, SGOV, TSLX, SYFI, RSP
Q4 2024 76$134.3MBRK.B, SGOV, TSLX, SYFI, RSP
Q3 2024 72$117.6MBRK.B, SGOV, RSP, BRK.A, SPSM
Q2 2024 68$109.5MBRK.B, SGOV, RSP, BRK.A, GOOGL
Q1 2024 68$100.5MBRK.B, RSP, BRK.A, TSLX, SPSM