Royal Fund Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Royal Fund Management, LLC reported 250 stock positions worth $839.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 3.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 3.1%) and SS SPDR Dow Jones Indus Avg (DIA, 2.4%). Compared with Q4 2024, it opened 36 new positions, sold out of 21, added to 109 and reduced 95. The biggest buy was a new position in SS SPDR Dow Jones Indus Avg (DIA) and the biggest sale Vanguard Info Tech ETF (VGT, shares −72%).

Most Recent 13F
Q2 2026
Location
Lady Lake, FL
CIK
0001810099
Portfolio Value
$839.4M (Q1 2025)
SEC Filing
0001172661-25-001875 ↗ filed May 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $867.6M Q1 2024 Q2 2024: $742.6M Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $921.2M Q4 2024 Q1 2025: $839.4M $839.4M Q1 2025 Q2 2025: $937.5M Q2 2025 Q3 2025: $830.4M Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 250 stocks · $839.4M
VOO Vanguard S&P 500 ETF 3.31% 53,655 $27.8M Add +2.5%
QQQ Invesco QQQ Trust Series 1 3.07% 54,779 $25.8M Add +6.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 2.38% 47,670 $20.0M New
XLF SS Financial Select Sector 2.36% 397,248 $19.8M Add +2.5%
SHY iShares 1-3 Year Treasury Bo 2.31% 234,341 $19.4M New
MSFT Microsoft Corp. 1.65% 36,614 $13.9M Reduce -0.7%
JPM JPMorgan Chase & Co. 1.53% 51,923 $12.8M Reduce -4.6%
RSP Invesco S&P 500 Equal Weight 1.53% 74,055 $12.8M New
IYJ iShares U.S. Industrials ETF 1.50% 96,838 $12.6M Add +50.8%
NVDA Nvidia Corp. 1.49% 115,076 $12.5M Add +20.9%
GLD SPDR Gold Shares 1.47% 42,727 $12.3M New
AAPL Apple Inc. 1.19% 44,745 $10.0M Add +1.6%
XLC SS Comm Select Sector SPDR 1.14% 99,288 $9.6M Reduce -44.5%
XLV SS Health Care Select Sector 1.13% 64,954 $9.5M Add +21.1%
ABBV Abbvie Inc. 1.09% 42,999 $9.1M Reduce -3.5%
XLY SS Consumer Disc Select Sect 1.01% 43,121 $8.5M Add +8.2%
VGT Vanguard Info Tech ETF 1.00% 15,310 $8.4M Reduce -72.3%
MTUM iShares MSCI USA Momentum Fa 1.00% 41,237 $8.4M Reduce -2.0%
SNOW Snowflake Inc. 0.98% 56,414 $8.2M Add +155.3%
RTX RTX Corp. 0.95% 59,870 $8.0M Reduce -3.8%
SCHG Schwab US Large-Cap Growth 0.93% 310,519 $7.8M Reduce -0.1%
VONG Vanguard Russell 1000 Growth 0.92% 82,961 $7.7M Reduce -49.9%
META Meta Platforms Inc. Class A 0.90% 13,160 $7.6M Add +33.9%
DGRO iShares Core Dividend Growth 0.89% 121,305 $7.5M Add +1.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.89% 20,222 $7.5M Reduce -1.5%
VHT Vanguard Health Care ETF 0.88% 27,576 $7.4M Reduce -49.2%
IWM iShares Russell 2000 ETF 0.87% 36,561 $7.3M Reduce -62.3%
AVGO Broadcom Inc. 0.87% 43,566 $7.3M Reduce -1.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.87% 28,943 $7.3M Add +3.0%
IXJ iShares Global Healthcare Et 0.87% 79,721 $7.3M Add +0.4%
INDA iShares MSCI India ETF 0.86% 139,424 $7.2M Add +1.9%
IGV iShares Expanded Tech-Softwa 0.85% 80,488 $7.2M New
QCOM Qualcomm Inc. 0.84% 45,678 $7.1M Reduce -9.8%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.82% 22,237 $6.9M Reduce -51.0%
OKE Oneok Inc. 0.81% 68,422 $6.8M Reduce -16.5%
DRI Darden Restaurants Inc. 0.80% 31,951 $6.7M Add +2.5%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.79% 143,641 $6.6M Add +3.7%
T AT&T Inc. 0.77% 229,317 $6.5M Add +0.9%
BX Blackstone Inc. 0.77% 45,750 $6.5M Add +9.1%
WMT Walmart Inc. 0.76% 72,570 $6.4M Reduce -50.8%
AMZN Amazon.com Inc. 0.76% 33,510 $6.4M Add +4.5%
AMGN Amgen Inc. 0.75% 19,796 $6.3M Reduce -1.4%
KCE SS SPDR S&P Cap MKTS ETF 0.73% 48,559 $6.2M Reduce -1.1%
MMM 3M Co. 0.71% 40,021 $5.9M Add +6.6%
PSX Phillips 66 0.70% 46,986 $5.9M Reduce -6.7%
GRMN Garmin Ltd. 0.69% 26,446 $5.8M Add +1.1%
GOOGL Alphabet Inc. Class A 0.68% 36,666 $5.7M Reduce -0.4%
WM Waste Management Inc. 0.67% 23,973 $5.6M Reduce -47.0%
CSCO Cisco Systems Inc. 0.67% 90,751 $5.6M Add +35.5%
TSLA Tesla Inc. 0.67% 21,597 $5.6M Reduce -30.6%
MRK Merck & Co. Inc. 0.66% 60,868 $5.5M Add +9.9%
PG The Procter & Gamble Co. 0.65% 31,444 $5.4M Add +4.8%
CVS CVS Health Corp. 0.63% 77,745 $5.3M Reduce -1.6%
MCD McDonald's Corp. 0.62% 16,204 $5.2M Reduce -48.8%
XBI SS SPDR S&P Biotech ETF 0.61% 63,313 $5.1M Add +1.1%
DLR Digital Realty Trust Inc. 0.60% 34,638 $5.0M Reduce -11.2%
UNP Union Pacific Corp. 0.59% 20,637 $5.0M Add +2.5%
DELL Dell Technologies -C 0.58% 53,484 $4.9M Add +55.2%
NEM Newmont Corp. 0.56% 96,062 $4.7M Add +11.2%
SBUX Starbucks Corp. 0.55% 46,977 $4.6M Reduce -3.0%
PGHY Invesco Global Ex US High Yi 0.55% 233,230 $4.6M Add +3.8%
BBHY JPMorgan Betabuilders Usd Hi 0.55% 99,877 $4.6M Add +3.7%
UBER Uber Technologies Inc. 0.55% 63,048 $4.6M Reduce -46.0%
VZ Verizon Communications Inc. 0.55% 100,577 $4.6M Reduce -48.6%
AOM iShares Core 40/60 Moderate 0.55% 104,144 $4.6M Add +2.5%
LAMR Lamar Advertising Co. Class A 0.54% 39,581 $4.6M Reduce -48.5%
CRWD CrowdStrike Holdings Inc. Class A 0.54% 12,903 $4.5M Reduce -2.5%
VRT Vertiv Holdings Co. Class A 0.53% 61,349 $4.4M Add +45.9%
VWOB Vanguard Emerg MKTS Gov BND 0.53% 68,686 $4.4M Add +4.0%
PAYX Paychex Inc. 0.52% 27,807 $4.4M Reduce -0.7%
USB US Bancorp 0.52% 102,245 $4.3M Add +25.5%
JNJ Johnson & Johnson 0.51% 25,182 $4.2M Reduce -19.3%
EMR Emerson Electric Co. 0.49% 37,251 $4.1M Add +17.1%
KMB Kimberly-Clark Corp. 0.48% 28,194 $4.1M Reduce -47.3%
TSN Tyson Foods Inc. Class A 0.48% 63,100 $4.0M Add +2.5%
DUK Duke Energy Corp. 0.48% 32,664 $4.0M Reduce -0.4%
LNG Cheniere Energy Inc. 0.48% 17,392 $4.0M Add +0.4%
VOOG Vanguard S&P 500 Growth ETF 0.47% 11,756 $4.0M Reduce -4.6%
BABA Alibaba Group Holding-SP ADR 0.44% 27,709 $3.7M Reduce -2.1%
IOT Samsara Inc. Class A 0.44% 95,500 $3.7M Add +471.9%
KMI Kinder Morgan Inc. 0.43% 127,556 $3.6M Add +31.8%
SU Suncor Energy Inc. 0.43% 92,661 $3.6M Add +10.4%
OKTA Okta Inc. 0.42% 33,800 $3.6M Add +191.4%
PLTR Palantir Technologies Inc. Class A 0.42% 42,108 $3.6M New
GBX Greenbrier Companies Inc. 0.42% 68,999 $3.6M Add +5.8%
TOST Toast Inc. Class A 0.42% 106,000 $3.5M New
CVX Chevron Corp. 0.41% 20,509 $3.4M Add +2.8%
BMY Bristol-Myers Squibb Co. 0.40% 55,252 $3.4M Reduce -0.5%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.39% 25,482 $3.3M Reduce -47.2%
LLY Eli Lilly & Co. 0.39% 3,943 $3.3M Add +4.0%
SYK Stryker Corp. 0.39% 8,742 $3.3M Reduce -0.6%
SG Sweetgreen Inc. Class A 0.38% 128,900 $3.2M Add +491.3%
XYZ Block Inc. 0.38% 58,775 $3.2M Add +86.4%
SYY Sysco Corp. 0.37% 41,190 $3.1M Add +5.8%
TLT iShares 20+ Year Treasury BD 0.36% 33,588 $3.1M Reduce -82.6%
UPST Upstart Holdings Inc. 0.36% 65,340 $3.0M New
AEM Agnico Eagle Mines Ltd. 0.35% 26,747 $2.9M Add +1.4%
VDE Vanguard Energy ETF 0.35% 22,132 $2.9M Reduce -47.5%
VIG Vanguard Dividend Apprec ETF 0.34% 14,833 $2.9M Reduce -48.4%
HOOD Robinhood Markets Inc. Class A 0.34% 69,345 $2.9M New
MU Micron Technology Inc. 0.34% 33,173 $2.9M Reduce -12.3%
VT Vanguard Tot World STK ETF 0.34% 24,140 $2.8M Add +5.5%
DDOG Datadog Inc. Class A 0.33% 28,251 $2.8M Add +0.0%
VTI VG Morningstar TS MKT ETF-US 0.33% 9,956 $2.8M Add +2.7%
VDC Vanguard Consumer Staple ETF 0.32% 12,359 $2.7M Reduce -48.1%
GTLB Gitlab Inc. Class A 0.32% 57,700 $2.7M Add +1031.4%
HD Home Depot Inc. 0.31% 7,023 $2.6M Add +33.3%
VOX Vanguard Communication Servi 0.30% 17,097 $2.6M Reduce -52.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.30% 9,804 $2.5M Add +3.0%
MDT Medtronic PLC 0.30% 27,627 $2.5M New
TMO Thermo Fisher Scientific Inc. 0.29% 4,951 $2.5M Add +2.5%
SCCO Southern Copper Corp. 0.29% 25,900 $2.4M New
KO The Coca-Cola Co. 0.29% 33,617 $2.4M Add +3.5%
WFC Wells Fargo & Co. 0.27% 31,884 $2.3M Reduce -49.9%
UPS United Parcel Service Class B 0.26% 20,131 $2.2M Reduce -22.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 3,904 $2.2M Reduce -90.3%
DVN Devon Energy Corp. 0.26% 58,097 $2.2M Add +23.7%
ETR Entergy Corp. 0.25% 24,900 $2.1M New
SHOP Shopify Inc. Class A 0.25% 22,276 $2.1M New
RIO Rio Tinto PLC-Spon ADR 0.25% 35,384 $2.1M Add +0.5%
VPU Vanguard Utilities ETF 0.25% 12,218 $2.1M Reduce -47.2%
AMD Advanced Micro Devices 0.24% 19,944 $2.0M Reduce -47.7%
VFH Vanguard Financials ETF 0.23% 16,071 $1.9M Reduce -47.9%
HON Honeywell International Inc. 0.23% 9,068 $1.9M Add +49.3%
ASML ASML Holding NV-NY Reg SHS 0.23% 2,892 $1.9M Add +3.5%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.23% 45,514 $1.9M Add +2.6%
CMG Chipotle Mexican Grill Inc. 0.22% 37,181 $1.9M Add +4.3%
VIS Vanguard Industrials ETF 0.21% 7,167 $1.8M Reduce -47.7%
LEU Centrus Energy Corp. Class A 0.21% 28,400 $1.8M New
VCR Vanguard Consumer Discre ETF 0.21% 5,372 $1.8M Reduce -47.7%
NTAP Netapp Inc. 0.21% 19,750 $1.7M Add +23.8%
VFQY Vanguard U.S. Quality Factor 0.20% 12,595 $1.7M Add +110.6%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.20% 14,300 $1.7M New
XEL Xcel Energy Inc. 0.20% 23,913 $1.7M Reduce -40.1%
VYM Vanguard High DVD Yield ETF 0.20% 12,911 $1.7M Add +2.3%
NEE Nextera Energy Inc. 0.20% 23,501 $1.7M Add +17.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.20% 6,291 $1.6M Add +2.6%
PLD Prologis Inc. 0.19% 14,200 $1.6M Add +2.2%
MAR Marriott International Class A 0.19% 6,594 $1.6M No change
IYH iShares U.S. Healthcare ETF 0.19% 25,786 $1.6M Reduce -0.4%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.19% 28,390 $1.6M New
VONE Vanguard Russell 1000 0.18% 6,072 $1.6M Reduce -49.5%
COIN Coinbase Global Inc. Class A 0.18% 9,003 $1.6M New
QSR Restaurant Brands Intern 0.18% 23,130 $1.5M Add +9.5%
CRM Salesforce Inc. 0.18% 5,729 $1.5M New
DOW Dow Inc. 0.18% 43,511 $1.5M Add +20.9%
DE Deere & Co. 0.18% 3,223 $1.5M Add +0.0%
GS Goldman Sachs Group Inc. 0.18% 2,746 $1.5M New
ARM Arm Holdings PLC-ADR 0.17% 13,606 $1.5M Reduce -36.1%
CAG Conagra Brands Inc. 0.17% 53,400 $1.4M Add +12.4%
CVNA Carvana Co. 0.17% 6,800 $1.4M New
PM Philip Morris International 0.17% 8,860 $1.4M Add +0.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.16% 5,590 $1.4M Reduce -6.3%
C Citigroup Inc. 0.16% 18,678 $1.3M Add +1.8%
OXY Occidental Petroleum Corp. 0.16% 26,830 $1.3M Add +14.6%
KR Kroger Co. 0.16% 19,300 $1.3M New
AMT American Tower Corp. 0.15% 5,862 $1.3M Add +20.8%
OHI Omega Healthcare Investors 0.15% 33,407 $1.3M Add +4.1%
PPL PPL Corp. 0.15% 34,599 $1.2M Add +4.1%
RDDT Reddit Inc. Class A 0.15% 11,750 $1.2M New
TLH iShares 10-20 Year Treasury 0.15% 11,824 $1.2M Reduce -59.1%
IEI iShares 3-7 Year Treasury Bo 0.15% 10,308 $1.2M Add +69.5%
FCX Freeport-McMoran Inc. 0.14% 32,120 $1.2M Add +17.2%
STX Seagate Technology Holdings 0.14% 14,100 $1.2M New
ALB Albemarle Corp. 0.14% 16,300 $1.2M Reduce -1.8%
CRDO Credo Technology Group Holdi 0.14% 28,990 $1.2M New
IGIB iShares 5-10Y Inv Grade Corp. 0.14% 21,998 $1.2M Add +69.6%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.14% 13,312 $1.1M Add +1.0%
IVW iShares S&P 500 Growth ETF 0.14% 12,261 $1.1M Add +29.3%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.14% 4,475 $1.1M Reduce -6.1%
HMC Honda Motor Co. Ltd.-Spons ADR 0.13% 40,999 $1.1M Reduce -4.3%
ALAB Astera Labs Inc. 0.13% 18,000 $1.1M Add +480.6%
ENPH Enphase Energy Inc. 0.13% 17,122 $1.1M Add +3.0%
ADM Archer-Daniels-Midland Co. 0.12% 21,182 $1.0M Add +9.1%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.12% 12,800 $1.0M Reduce -29.6%
GSK GSK PLC-Spon ADR 0.12% 25,770 $999K Add +7.3%
BHP BHP Group Ltd.-Spon ADR 0.12% 20,328 $988K Add +7.9%
MDB Mongodb Inc. 0.11% 5,500 $965K No change
MKL Markel Group Inc. 0.11% 510 $954K Reduce -50.0%
WPC WP Carey Inc. 0.11% 14,510 $917K Reduce -46.6%
NET Cloudflare Inc. Class A 0.11% 8,136 $917K New
TRP TC Energy Corp. 0.11% 19,390 $916K Add +3.9%
AFRM Affirm Holdings Inc. 0.11% 19,894 $899K New
MDLZ Mondelez International Inc. Class A 0.11% 13,215 $897K Add +3.9%
UHS Universal Health Services-B 0.10% 4,588 $862K No change
VST Vistra Corp. 0.10% 7,300 $857K Reduce -69.1%
LYB Lyondellbasell Indu Class A 0.10% 12,075 $850K Reduce -30.6%
ZHDG Zega Buy and Hedge ETF 0.09% 41,155 $797K Add +1.7%
XRN Global Medical REIT Inc. 0.09% 90,719 $794K Add +9.5%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.09% 3,866 $783K Reduce -46.6%
PFE Pfizer Inc. 0.09% 30,032 $761K Add +21.5%
FANG Diamondback Energy Inc. 0.09% 4,645 $743K New
PDD PDD Holdings Inc. 0.09% 6,035 $714K New
EOG EOG Resources Inc. 0.08% 5,521 $708K Reduce -46.9%
XLE SS Energy Select Sector 0.08% 7,566 $707K Reduce -49.6%
ELF Elf Beauty Inc. 0.08% 10,900 $684K Add +419.1%
RSPT Invesco S&P 500 Equal Weight 0.08% 19,175 $656K Reduce -0.9%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.08% 2,192 $632K Add +99.3%
JD Jd.com Inc.-ADR 0.07% 14,800 $609K New
FLTR Vaneck Ig Floating Rate ETF 0.07% 23,764 $608K Add +71.5%
BIL SS SPDR BB 1-3M T-Bill ETF 0.07% 6,491 $598K Add +73.9%
IVE iShares S&P 500 Value ETF 0.07% 3,123 $596K Reduce -0.8%
MDY State Street SPDR S&P Midcap 0.07% 1,075 $573K No change
APP AppLovin Corp. Class A 0.07% 2,100 $556K New
ED Consolidated Edison Inc. 0.06% 4,914 $543K No change
DIVI Franklin International Core 0.06% 16,256 $530K Reduce -2.7%
QUS SS SPDR MSCI U Stratfact ETF 0.06% 3,338 $524K Reduce -0.6%
VKTX Viking Therapeutics Inc. 0.06% 20,891 $505K Reduce -52.7%
RSPS Invesco S&P 500 Equal Weight 0.06% 16,252 $501K Reduce -2.6%
XOM Exxon Mobil Corp. 0.06% 3,893 $463K Reduce -4.4%
RIVN Rivian Automotive Inc. Class A 0.05% 36,928 $460K Add +6.7%
XLG Invesco S&P 500 Top 50 ETF 0.05% 9,482 $437K New
QTEC First Trust Nasdq 100 Tech I 0.05% 2,452 $426K Reduce -0.5%
XLK SS Technology Select Sector 0.05% 2,042 $423K Add +69.7%
ZS Zscaler Inc. 0.04% 1,900 $377K Reduce -82.4%
IJJ iShares S&P Mid-Cap 400 Valu 0.04% 3,044 $365K Reduce -2.6%
IBIT iShares Bitcoin Trust ETF 0.04% 7,784 $364K New
IJK iShares S&P Mid-Cap 400 Grow 0.04% 4,067 $340K Add +74.0%
GE General Electric filed as GE AEROSPACE 0.04% 1,693 $339K Add +5.9%
GILD Gilead Sciences Inc. 0.04% 3,012 $338K New
PEP Pepsico Inc. 0.04% 2,245 $337K Add +2.8%
TKR Timken Co. 0.04% 4,631 $333K No change
IVV iShares Core S&P 500 ETF 0.04% 582 $328K Reduce -18.9%
COP Conocophillips 0.04% 3,115 $327K Add +6.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 7,671 $320K Reduce -0.4%
BRK.B Berkshire Hathaway Inc. Class B 0.04% 592 $315K Reduce -2.8%
AMP Ameriprise Financial Inc. 0.04% 634 $307K Add +0.3%
IDU iShares US Utilities ETF 0.04% 2,977 $302K Reduce -1.4%
SO The Southern Co. 0.04% 3,253 $299K Add +0.7%
SLV iShares Silver Trust 0.04% 9,578 $297K Reduce -6.0%
NFLX Netflix Inc. 0.03% 311 $290K No change
LNT Alliant Energy Corp. 0.03% 4,444 $286K Add +0.7%
FLOT iShares Floating Rate Bond E 0.03% 5,558 $284K Reduce -16.0%
V Visa Inc. Class A 0.03% 776 $272K Reduce -60.3%
LMT Lockheed Martin Corp. 0.03% 600 $269K Reduce -91.0%
MSI Motorola Solutions Inc. 0.03% 600 $263K Reduce -4.8%
AXP American Express Co. 0.03% 964 $259K Add +0.2%
F Ford Motor Co. filed as FORD MTR CO 0.03% 25,661 $257K Add +0.6%
COST Costco Wholesale Corp. 0.03% 261 $247K Reduce -3.3%
YUM Yum! Brands Inc. 0.03% 1,542 $243K Reduce -50.0%
GBTC Grayscale Bitcoin Trust ETF 0.03% 3,700 $241K Add +34.5%
IJT iShares S&P Small-Cap 600 GR 0.03% 1,743 $218K New
INTU Intuit Inc. 0.02% 338 $208K New
TSM Taiwan Semiconductor-SP ADR 0.02% 1,065 $177K New
MS Morgan Stanley 0.02% 1,211 $141K Reduce -7.8%
VYX NCR Voyix Corp. 0.01% 10,913 $106K No change
CLSK Cleanspark Inc. 0.01% 14,900 $100K Reduce -6.9%
WRN Western Copper and Gold Corp. 0.01% 38,312 $43K No change
WOLF Wolfspeed Inc. 0.00% 12,430 $38K Reduce -83.2%
REI Ring Energy Inc. 0.00% 30,000 $35K No change

Options reported separately and not counted above: SNOW calls ($4.6M), OKTA calls ($3.6M), BABA calls ($3.5M), TTD calls ($3.0M), PLTR calls ($3.0M), IOT calls ($2.9M), TOST calls ($2.8M), NVDA calls ($2.7M), MU calls ($2.6M), GTLB calls ($2.6M), SG calls ($2.6M), XYZ calls ($2.3M), and 69 more.

Portfolio Sells Q4 2024 → Q1 2025
VGT Vanguard Info Tech ETF Reduce -72.3% 1.00% −2.75
SPY SS SPDR S&P 500 ETF Trust-US Reduce -90.3% 0.26% −2.30
TLT iShares 20+ Year Treasury BD Reduce -82.6% 0.36% −1.47
IWM iShares Russell 2000 ETF Reduce -62.3% 0.87% −1.46
SOXX iShares Semiconductor ETF Sold out 0.00% −1.02
VONG Vanguard Russell 1000 Growth Reduce -49.9% 0.92% −0.94
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.89
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -51.0% 0.82% −0.88
XLC SS Comm Select Sector SPDR Reduce -44.5% 1.14% −0.74
TSLA Tesla Inc. Reduce -30.6% 0.67% −0.70
WMT Walmart Inc. Reduce -50.8% 0.76% −0.69
VHT Vanguard Health Care ETF Reduce -49.2% 0.88% −0.63
LAMR Lamar Advertising Co. Class A Reduce -48.5% 0.54% −0.48
MCD McDonald's Corp. Reduce -48.8% 0.62% −0.40
LULU Lululemon Athletica Inc. Sold out 0.00% −0.40
LRCX Lam Research Corp. Sold out 0.00% −0.39
WM Waste Management Inc. Reduce -47.0% 0.67% −0.34
ROKU Roku Inc. Sold out 0.00% −0.33
LMT Lockheed Martin Corp. Reduce -91.0% 0.03% −0.32
VOX Vanguard Communication Servi Reduce -52.8% 0.30% −0.31
VZ Verizon Communications Inc. Reduce -48.6% 0.55% −0.31
KMB Kimberly-Clark Corp. Reduce -47.3% 0.48% −0.29
VIG Vanguard Dividend Apprec ETF Reduce -48.4% 0.34% −0.27
ADBE Adobe Inc. Sold out 0.00% −0.27
MGV Vngrd Mrgstr MG CP VL ETF-Ui Reduce -47.2% 0.39% −0.27
AMD Advanced Micro Devices Reduce -47.7% 0.24% −0.26
VICI Vici Properties Inc. Sold out 0.00% −0.25
VST Vistra Corp. Reduce -69.1% 0.10% −0.25
AVGO Broadcom Inc. Reduce -1.7% 0.87% −0.25
SMCI Super Micro Computer Inc. Sold out 0.00% −0.23
VDC Vanguard Consumer Staple ETF Reduce -48.1% 0.32% −0.23
UBER Uber Technologies Inc. Reduce -46.0% 0.55% −0.22
VDE Vanguard Energy ETF Reduce -47.5% 0.35% −0.21
WFC Wells Fargo & Co. Reduce -49.9% 0.27% −0.21
VCR Vanguard Consumer Discre ETF Reduce -47.7% 0.21% −0.21
NXPI NXP Semiconductors NV Sold out 0.00% −0.17
VIS Vanguard Industrials ETF Reduce -47.7% 0.21% −0.17
VFH Vanguard Financials ETF Reduce -47.9% 0.23% −0.17
ZS Zscaler Inc. Reduce -82.4% 0.04% −0.17
TLH iShares 10-20 Year Treasury Reduce -59.1% 0.15% −0.17
VONE Vanguard Russell 1000 Reduce -49.5% 0.18% −0.17
VPU Vanguard Utilities ETF Reduce -47.2% 0.25% −0.16
ADI Analog Devices Inc. Sold out 0.00% −0.16
DLR Digital Realty Trust Inc. Reduce -11.2% 0.60% −0.16
VKTX Viking Therapeutics Inc. Reduce -52.7% 0.06% −0.13
SIRI Sirius XM Holdings Inc. Sold out 0.00% −0.11
ARM Arm Holdings PLC-ADR Reduce -36.1% 0.17% −0.11
XEL Xcel Energy Inc. Reduce -40.1% 0.20% −0.09
UPS United Parcel Service Class B Reduce -22.2% 0.26% −0.09
OKE Oneok Inc. Reduce -16.5% 0.81% −0.08

Portfolio Buys Q4 2024 → Q1 2025
DIA SS SPDR Dow Jones Indus Avg New 2.38% +2.38
SHY iShares 1-3 Year Treasury Bo New 2.31% +2.31
RSP Invesco S&P 500 Equal Weight New 1.53% +1.53
GLD SPDR Gold Shares New 1.47% +1.47
IGV iShares Expanded Tech-Softwa New 0.85% +0.85
SNOW Snowflake Inc. Add +155.3% 0.98% +0.61
IYJ iShares U.S. Industrials ETF Add +50.8% 1.50% +0.57
PLTR Palantir Technologies Inc. Class A New 0.42% +0.42
TOST Toast Inc. Class A New 0.42% +0.42
UPST Upstart Holdings Inc. New 0.36% +0.36
IOT Samsara Inc. Class A Add +471.9% 0.44% +0.36
HOOD Robinhood Markets Inc. Class A New 0.34% +0.34
XLV SS Health Care Select Sector Add +21.1% 1.13% +0.33
OKTA Okta Inc. Add +191.4% 0.42% +0.32
XLF SS Financial Select Sector Add +2.5% 2.36% +0.32
SG Sweetgreen Inc. Class A Add +491.3% 0.38% +0.31
MDT Medtronic PLC New 0.30% +0.30
GTLB Gitlab Inc. Class A Add +1031.4% 0.32% +0.29
SCCO Southern Copper Corp. New 0.29% +0.29
META Meta Platforms Inc. Class A Add +33.9% 0.90% +0.28
ETR Entergy Corp. New 0.25% +0.25
SHOP Shopify Inc. Class A New 0.25% +0.25
CSCO Cisco Systems Inc. Add +35.5% 0.67% +0.24
VOO Vanguard S&P 500 ETF Add +2.5% 3.31% +0.23
T AT&T Inc. Add +0.9% 0.77% +0.21
LEU Centrus Energy Corp. Class A New 0.21% +0.21
QQQ Invesco QQQ Trust Series 1 Add +6.5% 3.07% +0.21
NEM Newmont Corp. Add +11.2% 0.56% +0.20
SJM The JM Smucker Co. New 0.20% +0.20
IBM Intl Business Machines Corp. Add +3.0% 0.87% +0.19
TTD Trade Desk Inc./the Class A New 0.19% +0.19
COIN Coinbase Global Inc. Class A New 0.18% +0.18
CRM Salesforce Inc. New 0.18% +0.18
GS Goldman Sachs Group Inc. New 0.18% +0.18
MMM 3M Co. Add +6.6% 0.71% +0.18
CVNA Carvana Co. New 0.17% +0.17
DRI Darden Restaurants Inc. Add +2.5% 0.80% +0.16
KR Kroger Co. New 0.16% +0.16
DELL Dell Technologies -C Add +55.2% 0.58% +0.15
RDDT Reddit Inc. Class A New 0.15% +0.15
KMI Kinder Morgan Inc. Add +31.8% 0.43% +0.15
STX Seagate Technology Holdings New 0.14% +0.14
CRDO Credo Technology Group Holdi New 0.14% +0.14
IXJ iShares Global Healthcare Et Add +0.4% 0.87% +0.13
AEM Agnico Eagle Mines Ltd. Add +1.4% 0.35% +0.12
VFQY Vanguard U.S. Quality Factor Add +110.6% 0.20% +0.11
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +3.7% 0.79% +0.11
NET Cloudflare Inc. Class A New 0.11% +0.11
AFRM Affirm Holdings Inc. New 0.11% +0.11
SU Suncor Energy Inc. Add +10.4% 0.43% +0.10

Options Activity Q4 2024 → Q1 2025
QQQ Invesco QQQ Trust Series 1 put Sold out 174,200 $89.1Mbefore exit
ROKU Roku Inc. call Sold out 80,000 $5.9Mbefore exit
SNOW Snowflake Inc. call Add +3080.0% 31,800 $4.6M
OKTA Okta Inc. call Add +33500.0% 33,600 $3.6M
BABA Alibaba Group Holding-SP ADR call Add +20.0% 27,000 $3.5M
SMCI Super Micro Computer Inc. call Sold out 104,000 $3.2Mbefore exit
TTD Trade Desk Inc./the Class A call New 55,100 $3.0M
PLTR Palantir Technologies Inc. Class A call New 36,900 $3.0M
IOT Samsara Inc. Class A call New 76,000 $2.9M
TOST Toast Inc. Class A call New 85,500 $2.8M
NVDA Nvidia Corp. call Reduce -48.4% 25,700 $2.7M
MU Micron Technology Inc. call Reduce -50.2% 30,700 $2.6M
GTLB Gitlab Inc. Class A call Add +1307.5% 56,300 $2.6M
SG Sweetgreen Inc. Class A call Add +35100.0% 105,600 $2.6M
XYZ Block Inc. call Add +45.5% 43,200 $2.3M
UPST Upstart Holdings Inc. call New 48,800 $2.2M
VRT Vertiv Holdings Co. Class A call Reduce -20.1% 31,300 $2.2M
COIN Coinbase Global Inc. Class A call New 8,900 $1.5M
ARM Arm Holdings PLC-ADR call Sold out 11,400 $1.4Mbefore exit
AMD Advanced Micro Devices call Add +1.5% 13,800 $1.4M
JD Jd.com Inc.-ADR call New 14,800 $1.0M
DELL Dell Technologies -C call Reduce -4.9% 11,700 $1.0M
LEU Centrus Energy Corp. Class A call New 15,700 $1.0M
ALB Albemarle Corp. call Reduce -9.6% 14,100 $994K
SHOP Shopify Inc. Class A call New 9,500 $907K
AVGO Broadcom Inc. call Add +5100.0% 5,200 $855K
ALAB Astera Labs Inc. call New 13,400 $780K
MDB Mongodb Inc. call Reduce -50.0% 4,200 $736K
APP AppLovin Corp. Class A call New 2,100 $512K
TSLA Tesla Inc. call Reduce -90.4% 2,000 $499K
META Meta Platforms Inc. Class A call Add +700.0% 800 $451K
AFRM Affirm Holdings Inc. call New 10,000 $442K
JPM JPMorgan Chase & Co. call Reduce -19.1% 1,700 $407K
RIVN Rivian Automotive Inc. Class A call Reduce -51.4% 31,300 $377K
TSLA Tesla Inc. put Sold out 800 $323Kbefore exit
WOLF Wolfspeed Inc. call Sold out 48,200 $321Kbefore exit
LRCX Lam Research Corp. call Sold out 4,400 $318Kbefore exit
IBM Intl Business Machines Corp. call Add +66.7% 1,000 $243K
UNP Union Pacific Corp. call Reduce -37.5% 1,000 $231K
TSN Tyson Foods Inc. Class A call Reduce -48.5% 3,500 $218K
ABBV Abbvie Inc. call New 1,000 $204K
NTAP Netapp Inc. call New 2,300 $201K
UPS United Parcel Service Class B call New 1,800 $196K
GRMN Garmin Ltd. call New 900 $192K
SYY Sysco Corp. call New 2,500 $186K
QCOM Qualcomm Inc. call Reduce -40.0% 1,200 $181K
DLR Digital Realty Trust Inc. call Add +200.0% 1,200 $170K
GBX Greenbrier Companies Inc. call New 3,300 $168K
DRI Darden Restaurants Inc. call New 800 $162K
AMT American Tower Corp. call Add +16.7% 700 $152K

Showing the first 50 of 90.

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 273$1.2BQQQ, VOO, XBI, SPY, LRCX
Q1 2026 257$1.0BVOO, QQQ, EFA, XBI, NVDA
Q4 2025 251$1.1BVOO, QQQ, IWM, NVDA, SPY
Q3 2025 216$830.4MTLT, VOO, NVDA, MSFT, SPY
Q2 2025 247$937.5MVOO, MSFT, SPY, XLF, TLT
Q1 2025 250$839.4MVOO, QQQ, DIA, XLF, SHY
Q4 2024 235$921.2MVGT, VOO, QQQ, SPY, IWM
Q3 2024 265$1.4BIWM, QQQ, VOO, TLT, VGT
Q2 2024 235$742.6MQQQ, VOO, MSFT, TLT, NVDA
Q1 2024 251$867.6MQQQ, MGK, VOO, MSFT, VDC