Royal Fund Management, LLC

Name: Royal Fund Management, LLC 13F holdings, Q4 2025
Creator: Royal Fund Management, LLC
Published: 2026-01-15

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Royal Fund Management, LLC reported 251 stock positions worth $1.1 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 3.4% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 3.2%) and iShares Russell 2000 ETF (IWM, 2.2%). Compared with Q3 2025, it opened 49 new positions, sold out of 14, added to 159 and reduced 39. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +174%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −42%).

Most Recent 13F: Q2 2026
Location: Lady Lake, FL
CIK: 0001810099
Portfolio Value: $1.1B (Q4 2025)
SEC Filing: 0001172661-26-000197 ↗ filed Jan 15, 2026

Holdings Value

Holdings 251 stocks · $1.1B


VOO Vanguard S&P 500 ETF	3.36%	58,246	$36.7M	Add +22.3%
QQQ Invesco QQQ Trust Series 1	3.16%	55,985	$34.5M	Add +174.2%
IWM iShares Russell 2000 ETF	2.24%	98,936	$24.4M	Add +234.3%
NVDA Nvidia Corp.	2.04%	119,415	$22.3M	Add +4.5%
SPY SS SPDR S&P 500 ETF Trust-US	1.95%	31,123	$21.2M	Add +17.9%
WMT Walmart Inc.	1.92%	187,590	$20.9M	Add +244.6%
MSFT Microsoft Corp.	1.68%	37,760	$18.3M	Add +10.7%
VRT Vertiv Holdings Co. Class A	1.62%	109,296	$17.7M	Add +118.1%
IVW iShares S&P 500 Growth ETF	1.62%	142,985	$17.6M	Add +76.3%
XBI SS SPDR S&P Biotech ETF	1.61%	143,713	$17.5M	New
TLT iShares 20+ Year Treasury BD	1.60%	200,427	$17.5M	Reduce -42.0%
JPM JPMorgan Chase & Co.	1.48%	50,712	$16.2M	Add +19.9%
GLD SPDR Gold Shares	1.48%	40,631	$16.1M	Reduce -8.0%
XLC SS Comm Select Sector SPDR	1.40%	129,831	$15.3M	Reduce -9.8%
GOOGL Alphabet Inc. Class A	1.34%	46,766	$14.6M	Add +26.7%
EFA iShares MSCI Eafe ETF	1.30%	147,893	$14.2M	New
IGV iShares Expanded Tech-Softwa	1.15%	118,193	$12.5M	New
AVGO Broadcom Inc.	1.09%	34,433	$11.9M	Add +6.5%
XLF SS Financial Select Sector	1.09%	216,337	$11.9M	Reduce -25.7%
HOOD Robinhood Markets Inc. Class A	1.08%	103,793	$11.7M	Add +46.7%
WM Waste Management Inc.	1.07%	52,808	$11.6M	Add +138.5%
XLU St Sr Utl SL SE SPDR ETF-Usd	1.06%	271,564	$11.6M	Add +22.3%
VGT Vanguard Info Tech ETF	1.06%	15,233	$11.5M	Add +4.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.03%	37,858	$11.2M	Add +28.0%
AAPL Apple Inc.	1.03%	41,138	$11.2M	Add +26.6%
QCOM Qualcomm Inc.	1.01%	64,434	$11.0M	Add +17.4%
MTUM iShares MSCI USA Momentum Fa	0.99%	43,020	$10.8M	Add +38.4%
VUG Vanguard Mrngstar GR ETF-Sui	0.96%	21,453	$10.5M	Add +17.0%
VONG Vanguard Russell 1000 Growth	0.94%	84,092	$10.2M	Add +64.2%
SCHG Schwab US Large-Cap Growth	0.93%	311,174	$10.2M	Add +176.8%
ABBV Abbvie Inc.	0.93%	44,141	$10.1M	Add +29.5%
RTX RTX Corp.	0.92%	54,653	$10.0M	Add +52.3%
BX Blackstone Inc.	0.88%	62,001	$9.6M	Add +39.5%
VZ Verizon Communications Inc.	0.86%	231,237	$9.4M	Add +196.0%
IXJ iShares Global Healthcare Et	0.83%	92,859	$9.1M	New
VHT Vanguard Health Care ETF	0.83%	31,186	$9.0M	Add +32.8%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.82%	21,591	$8.9M	Add +22.6%
DGRO iShares Core Dividend Growth	0.81%	127,649	$8.9M	Add +36.5%
INDA iShares MSCI India ETF	0.77%	155,423	$8.4M	Add +36.1%
META Meta Platforms Inc. Class A	0.74%	12,144	$8.0M	Add +4.2%
TSLA Tesla Inc.	0.73%	17,757	$8.0M	Add +3.4%
KCE SS SPDR S&P Cap MKTS ETF	0.73%	52,855	$7.9M	Add +42.3%
UBER Uber Technologies Inc.	0.73%	96,736	$7.9M	Reduce -4.8%
JNJ Johnson & Johnson	0.72%	37,720	$7.8M	Add +61.0%
VST Vistra Corp.	0.71%	47,712	$7.7M	New
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.69%	162,128	$7.5M	Add +186.5%
FLOT iShares Floating Rate Bond E	0.68%	146,552	$7.5M	Reduce -53.7%
AMZN Amazon.com Inc.	0.68%	32,113	$7.4M	Add +4.7%
DDOG Datadog Inc. Class A	0.67%	53,807	$7.3M	Reduce -0.8%
MRK Merck & Co. Inc.	0.67%	69,200	$7.3M	Add +6.8%
DLR Digital Realty Trust Inc.	0.65%	45,943	$7.1M	Add +19.5%
NEM Newmont Corp.	0.65%	71,029	$7.1M	Add +28.3%
PLTR Palantir Technologies Inc. Class A	0.64%	39,281	$7.0M	Add +273.4%
PSX Phillips 66	0.64%	53,901	$7.0M	Add +20.6%
AMGN Amgen Inc.	0.62%	20,677	$6.8M	Add +21.4%
DELL Dell Technologies -C	0.61%	52,578	$6.6M	New
ORCL Oracle Corp.	0.60%	33,699	$6.6M	Add +175.8%
DRI Darden Restaurants Inc.	0.57%	33,501	$6.2M	Add +37.8%
OKE Oneok Inc.	0.54%	80,383	$5.9M	Add +40.8%
MMM 3M Co.	0.53%	36,058	$5.8M	Add +13.6%
CRWD CrowdStrike Holdings Inc. Class A	0.52%	12,119	$5.7M	Reduce -3.3%
T AT&T Inc.	0.52%	227,945	$5.7M	Add +101.3%
LAMR Lamar Advertising Co. Class A	0.51%	44,296	$5.6M	Add +21.5%
CSCO Cisco Systems Inc.	0.51%	72,637	$5.6M	Add +26.3%
PG The Procter & Gamble Co.	0.51%	38,894	$5.6M	Add +22.2%
MCD McDonald's Corp.	0.51%	18,061	$5.5M	Add +4.9%
GRMN Garmin Ltd.	0.50%	26,953	$5.5M	Add +18.0%
RKT Rocket Cos Inc. Class A	0.50%	282,840	$5.5M	Add +7.5%
AOM iShares Core 40/60 Moderate	0.50%	113,987	$5.4M	Add +163.3%
CVS CVS Health Corp.	0.49%	67,829	$5.4M	Add +10.4%
GS Goldman Sachs Group Inc.	0.49%	6,119	$5.4M	Add +1.1%
PGHY Invesco Global Ex US High Yi	0.48%	264,012	$5.3M	Add +193.7%
BBHY JPMorgan Betabuilders Usd Hi	0.48%	112,796	$5.2M	Add +171.3%
VWOB Vanguard Emerg MKTS Gov BND	0.48%	77,366	$5.2M	Add +115.3%
FCX Freeport-McMoran Inc.	0.47%	101,800	$5.2M	Add +1.7%
LLY Eli Lilly & Co.	0.46%	4,685	$5.0M	Add +4.4%
EMR Emerson Electric Co.	0.46%	37,501	$5.0M	Add +33.4%
RKLB Rocket Lab Corp.	0.45%	70,200	$4.9M	New
UNP Union Pacific Corp.	0.45%	21,034	$4.9M	Add +9.3%
SBUX Starbucks Corp.	0.45%	57,666	$4.9M	Reduce -61.3%
USB US Bancorp	0.42%	86,399	$4.6M	Add +44.1%
MGV Vngrd Mrgstr MG CP VL ETF-Ui	0.40%	30,784	$4.3M	Add +40.5%
SNOW Snowflake Inc.	0.38%	18,988	$4.2M	Reduce -1.5%
VOOG Vanguard S&P 500 Growth ETF	0.38%	9,291	$4.1M	Add +10.0%
VT Vanguard Tot World STK ETF	0.38%	29,227	$4.1M	Add +45.4%
MRVL Marvell Technology Inc.	0.37%	47,036	$4.0M	Reduce -31.8%
GBX Greenbrier Companies Inc.	0.36%	84,607	$4.0M	Add +35.7%
DUK Duke Energy Corp.	0.36%	33,304	$3.9M	Add +23.3%
VIG Vanguard Dividend Apprec ETF	0.36%	17,709	$3.9M	Add +61.1%
VTI VG Morningstar TS MKT ETF-US	0.36%	11,564	$3.9M	Add +29.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.35%	46,030	$3.8M	Add +236.1%
KMI Kinder Morgan Inc.	0.34%	136,432	$3.8M	Add +15.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.34%	11,676	$3.7M	Add +44.1%
VDE Vanguard Energy ETF	0.33%	28,720	$3.6M	Add +44.4%
TSN Tyson Foods Inc. Class A	0.33%	61,494	$3.6M	Add +14.1%
LNG Cheniere Energy Inc.	0.33%	18,312	$3.6M	Add +3.5%
XEL Xcel Energy Inc.	0.32%	47,774	$3.5M	Add +160.4%
RBLX Roblox Corp. Class A	0.32%	42,624	$3.5M	Add +2.2%
CVX Chevron Corp.	0.32%	22,563	$3.4M	Add +19.3%
KMB Kimberly-Clark Corp.	0.31%	33,563	$3.4M	Add +33.2%
SYY Sysco Corp.	0.31%	45,177	$3.3M	Add +18.5%
OKTA Okta Inc.	0.30%	38,203	$3.3M	Reduce -20.4%
BMY Bristol-Myers Squibb Co.	0.30%	60,467	$3.3M	Add +51.8%
ASML ASML Holding NV-NY Reg SHS	0.29%	3,004	$3.2M	Reduce -34.2%
VDC Vanguard Consumer Staple ETF	0.29%	15,154	$3.2M	Add +41.8%
AEM Agnico Eagle Mines Ltd.	0.29%	18,800	$3.2M	Add +1.3%
PAYX Paychex Inc.	0.29%	28,170	$3.2M	Add +11.0%
BA The Boeing Co.	0.29%	14,562	$3.2M	Reduce -1.8%
CAVA Cava Group Inc.	0.28%	52,200	$3.1M	Reduce -22.8%
GTLB Gitlab Inc. Class A	0.28%	80,200	$3.0M	Reduce -12.9%
XYL Xylem Inc.	0.27%	22,002	$3.0M	New
VOX Vanguard Communication Servi	0.26%	14,491	$2.8M	Add +22.6%
VPU Vanguard Utilities ETF	0.26%	15,123	$2.8M	Add +27.2%
V Visa Inc. Class A	0.25%	7,788	$2.7M	Add +93.5%
MGA Magna International Inc.	0.25%	51,082	$2.7M	Add +32.4%
COIN Coinbase Global Inc. Class A	0.25%	12,000	$2.7M	New
WFC Wells Fargo & Co.	0.25%	28,036	$2.7M	New
SU Suncor Energy Inc.	0.24%	59,287	$2.6M	Reduce -35.1%
DEO Diageo PLC-Sponsored ADR	0.24%	30,167	$2.6M	Reduce -3.5%
DVN Devon Energy Corp.	0.24%	70,953	$2.6M	Add +25.9%
APLD Applied Digital Corp.	0.24%	105,820	$2.6M	Add +857.6%
MDT Medtronic PLC	0.23%	26,527	$2.5M	Reduce -1.9%
VFH Vanguard Financials ETF	0.23%	19,002	$2.5M	Add +19.5%
VIS Vanguard Industrials ETF	0.23%	8,347	$2.5M	Add +15.5%
NEE Nextera Energy Inc.	0.23%	31,118	$2.5M	Add +39.3%
VCR Vanguard Consumer Discre ETF	0.23%	6,293	$2.5M	Add +3.5%
WPC WP Carey Inc.	0.22%	37,262	$2.4M	Add +133.9%
VFQY Vanguard U.S. Quality Factor	0.22%	15,389	$2.4M	Add +26.0%
KO The Coca-Cola Co.	0.22%	33,655	$2.4M	Add +187.1%
HMC Honda Motor Co. Ltd.-Spons ADR	0.21%	77,707	$2.3M	Add +13.4%
VYM Vanguard High DVD Yield ETF	0.20%	15,444	$2.2M	Add +53.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.20%	7,571	$2.2M	Add +24.3%
MAR Marriott International Class A	0.19%	6,598	$2.0M	New
TFC Truist Financial Corp.	0.18%	40,902	$2.0M	Add +10.7%
SCCO Southern Copper Corp.	0.18%	13,933	$2.0M	Reduce -49.0%
OHI Omega Healthcare Investors	0.16%	40,413	$1.8M	Add +34.7%
VONE Vanguard Russell 1000	0.16%	5,740	$1.8M	Add +17.8%
IEI iShares 3-7 Year Treasury Bo	0.16%	14,644	$1.7M	Add +147.4%
TLH iShares 10-20 Year Treasury	0.16%	17,139	$1.7M	Add +126.0%
XLK SS Technology Select Sector	0.16%	11,895	$1.7M	Add +86.7%
GSK GSK PLC-Spon ADR	0.16%	34,793	$1.7M	Add +30.0%
KR Kroger Co.	0.16%	27,100	$1.7M	Add +14.3%
IGIB iShares 5-10Y Inv Grade Corp.	0.15%	31,265	$1.7M	Add +270.7%
BHP BHP Group Ltd.-Spon ADR	0.15%	27,497	$1.7M	Add +26.3%
COHR Coherent Corp.	0.15%	8,992	$1.7M	Add +319.6%
XME SS SPDR S&P Metals Mining	0.15%	27,753	$1.7M	New
MGC Vngrd Mrngstr MG Cap ETF-Usd	0.15%	6,512	$1.6M	Add +66.2%
ETR Entergy Corp.	0.15%	17,600	$1.6M	Reduce -45.0%
ARM Arm Holdings PLC-ADR	0.15%	14,850	$1.6M	Reduce -65.5%
PM Philip Morris International	0.15%	10,039	$1.6M	Add +20.0%
ADM Archer-Daniels-Midland Co.	0.15%	27,938	$1.6M	Reduce -31.3%
DOW Dow Inc.	0.15%	67,766	$1.6M	Add +39.5%
NET Cloudflare Inc. Class A	0.14%	8,006	$1.6M	New
PPL PPL Corp.	0.14%	43,515	$1.5M	Add +44.0%
AMT American Tower Corp.	0.14%	8,648	$1.5M	Add +2.7%
VKTX Viking Therapeutics Inc.	0.14%	43,152	$1.5M	New
DE Deere & Co.	0.14%	3,201	$1.5M	Add +192.6%
DD Dupont DE Nemours Inc.	0.13%	36,344	$1.5M	New
RBRK Rubrik Inc. Class A	0.13%	18,900	$1.4M	No change
RIO Rio Tinto PLC-Spon ADR	0.13%	17,748	$1.4M	Add +14.6%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.13%	14,100	$1.4M	No change
TRP TC Energy Corp.	0.12%	24,348	$1.3M	Add +15.0%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.12%	4,701	$1.3M	Add +5.6%
C Citigroup Inc.	0.12%	11,159	$1.3M	Add +18.5%
IJK iShares S&P Mid-Cap 400 Grow	0.12%	13,134	$1.3M	Add +118.6%
LHX L3HARRIS Technologies Inc.	0.11%	4,266	$1.3M	Add +3.5%
IYH iShares U.S. Healthcare ETF	0.11%	18,698	$1.2M	Add +268.8%
IBIT iShares Bitcoin Trust ETF	0.11%	23,468	$1.2M	New
GILD Gilead Sciences Inc.	0.10%	9,181	$1.1M	Add +37.0%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.10%	3,702	$1.1M	Add +2.1%
OXY Occidental Petroleum Corp.	0.10%	26,983	$1.1M	Add +1.3%
TOST Toast Inc. Class A	0.10%	30,911	$1.1M	Reduce -5.2%
MKL Markel Group Inc.	0.10%	510	$1.1M	Add +165.6%
PLD Prologis Inc.	0.10%	8,204	$1.0M	Reduce -43.4%
QSR Restaurant Brands Intern	0.09%	15,030	$1.0M	Reduce -24.6%
UHS Universal Health Services-B	0.09%	4,588	$1.0M	New
AFRM Affirm Holdings Inc.	0.09%	13,244	$986K	New
UPS United Parcel Service Class B	0.09%	9,914	$983K	Reduce -56.5%
ETN Eaton Corp. PLC	0.09%	3,008	$958K	Add +5.7%
EOG EOG Resources Inc.	0.09%	9,100	$956K	Add +35.8%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.09%	12,300	$951K	Add +24.2%
ZHDG Zega Buy and Hedge ETF	0.09%	41,967	$950K	Add +149.8%
KLAR Klarna Group PLC	0.08%	30,600	$885K	New
BIL SS SPDR BB 1-3M T-Bill ETF	0.08%	9,573	$875K	Add +74.6%
FLTR Vaneck Ig Floating Rate ETF	0.08%	34,118	$869K	Add +170.5%
RSPT Invesco S&P 500 Equal Weight	0.08%	18,625	$848K	New
IOT Samsara Inc. Class A	0.08%	23,500	$833K	Reduce -75.7%
CEG Constellation Energy	0.08%	2,358	$833K	New
IJT iShares S&P Small-Cap 600 GR	0.07%	5,604	$794K	Add +89.3%
FANG Diamondback Energy Inc.	0.07%	5,246	$789K	Add +12.9%
HD Home Depot Inc.	0.07%	2,230	$767K	Add +1.5%
SLV iShares Silver Trust	0.07%	11,824	$762K	New
INTC Intel Corp.	0.07%	20,040	$739K	New
UPST Upstart Holdings Inc.	0.07%	16,740	$732K	Reduce -34.6%
CAG Conagra Brands Inc.	0.06%	38,000	$658K	Reduce -21.8%
MDY State Street SPDR S&P Midcap	0.06%	1,075	$649K	New
IVE iShares S&P 500 Value ETF	0.06%	3,041	$645K	New
DIVI Franklin International Core	0.06%	16,062	$625K	New
LYB Lyondellbasell Indu Class A	0.06%	14,200	$615K	Reduce -3.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.05%	9,401	$587K	Add +195.1%
SLB SLB Ltd. filed as SLB LIMITED	0.05%	14,830	$569K	New
NTAP Netapp Inc.	0.05%	5,098	$546K	Reduce -0.4%
QUS SS SPDR MSCI U Stratfact ETF	0.05%	3,069	$534K	Add +37.9%
PFE Pfizer Inc.	0.05%	21,436	$534K	Reduce -2.5%
QTEC First Trust Nasdq 100 Tech I	0.05%	2,219	$511K	Add +1.7%
ED Consolidated Edison Inc.	0.04%	4,914	$488K	No change
MDLZ Mondelez International Inc. Class A	0.04%	8,710	$469K	Reduce -1.2%
YUM Yum! Brands Inc.	0.04%	3,084	$467K	Add +100.0%
XLE SS Energy Select Sector	0.04%	10,322	$462K	Add +78.3%
SRLN SS Blackstone Sr Loan ETF	0.04%	11,036	$455K	New
NFLX Netflix Inc.	0.04%	4,725	$443K	Add +19.0%
XOM Exxon Mobil Corp.	0.04%	3,538	$426K	Add +3.5%
F Ford Motor Co. filed as FORD MTR CO	0.04%	31,969	$419K	Add +160.6%
TSM Taiwan Semiconductor-SP ADR	0.04%	1,372	$417K	Add +48.5%
AMD Advanced Micro Devices	0.04%	1,924	$412K	Reduce -30.4%
IVV iShares Core S&P 500 ETF	0.04%	601	$412K	Add +2.9%
IYJ iShares U.S. Industrials ETF	0.04%	2,667	$395K	New
RSPS Invesco S&P 500 Equal Weight	0.04%	13,541	$393K	New
TKR Timken Co.	0.04%	4,631	$390K	New
XYLD Global X S&P 500 Cove Call E	0.04%	9,435	$383K	Add +68.3%
AXP American Express Co.	0.03%	975	$361K	New
BRK.B Berkshire Hathaway Inc. Class B	0.03%	676	$340K	Reduce -4.9%
IJJ iShares S&P Mid-Cap 400 Valu	0.03%	2,574	$339K	New
HON Honeywell International Inc.	0.03%	1,639	$320K	New
IDU iShares US Utilities ETF	0.03%	2,928	$317K	New
MS Morgan Stanley	0.03%	1,778	$316K	Reduce -1.8%
MSTR Strategy Inc.	0.03%	2,077	$316K	Add +5.5%
AMP Ameriprise Financial Inc.	0.03%	643	$315K	New
GE General Electric filed as GE AEROSPACE	0.03%	986	$304K	Add +0.6%
MDB Mongodb Inc.	0.03%	721	$303K	New
PEP Pepsico Inc.	0.03%	2,089	$300K	Add +30.0%
LNT Alliant Energy Corp.	0.03%	4,444	$289K	No change
SHOP Shopify Inc. Class A	0.03%	1,769	$285K	Reduce -85.1%
MU Micron Technology Inc.	0.02%	952	$272K	New
ALL Allstate Corp.	0.02%	1,293	$269K	New
COP Conocophillips	0.02%	2,706	$253K	Add +23.7%
COST Costco Wholesale Corp.	0.02%	291	$251K	Add +0.7%
GOOG Alphabet Inc. Class C	0.02%	799	$251K	New
ENPH Enphase Energy Inc.	0.02%	7,822	$251K	Reduce -52.9%
SO The Southern Co.	0.02%	2,793	$244K	New
DIVO Amplify CWP Enhan Divid ETF	0.02%	5,337	$237K	New
MPWR Monolithic Power Systems Inc.	0.02%	257	$233K	New
SJNK SS SPDR BB St Hi Yield ETF	0.02%	9,141	$231K	New
INTU Intuit Inc.	0.02%	341	$226K	Add +0.6%
DFUV Dimensional US Marketwide Va	0.02%	4,703	$219K	New
LMT Lockheed Martin Corp.	0.02%	452	$219K	Add +8.7%
IHDG Wisdomtree International Hed	0.02%	4,444	$216K	New
WULF Terawulf Inc.	0.02%	18,750	$215K	New
JEPI JPMorgan Equity Premium Inco	0.02%	5,239	$215K	New
JPC Nuveen Prefered & Income Opp	0.01%	13,823	$112K	Add +23.6%
REI Ring Energy Inc.	0.00%	30,000	$26K	New

Options reported separately and not counted above: CRDO calls ($1.4M), RKLB calls ($1.2M), APLD calls ($1.0M), FCX calls ($978K), VRT calls ($749K), RKT calls ($620K), NVDA calls ($514K), PLTR calls ($476K), COHR calls ($418K), MRVL calls ($403K), CAVA calls ($386K), DDOG calls ($367K), and 28 more.

Portfolio Sells Q3 2025 → Q4 2025


TLT iShares 20+ Year Treasury BD	Reduce -42.0%	1.60%	−2.12
DDD 3D Systems Corp.	Sold out	0.00%	−1.98
FLOT iShares Floating Rate Bond E	Reduce -53.7%	0.68%	−1.26
SBUX Starbucks Corp.	Reduce -61.3%	0.45%	−0.98
XLI SS Industrial Select Sector	Sold out	0.00%	−0.96
XLF SS Financial Select Sector	Reduce -25.7%	1.09%	−0.80
XLC SS Comm Select Sector SPDR	Reduce -9.8%	1.40%	−0.65
ARM Arm Holdings PLC-ADR	Reduce -65.5%	0.15%	−0.58
PANW Palo Alto Networks Inc.	Sold out	0.00%	−0.55
UBER Uber Technologies Inc.	Reduce -4.8%	0.73%	−0.47
GLD SPDR Gold Shares	Reduce -8.0%	1.48%	−0.41
SYK Stryker Corp.	Sold out	0.00%	−0.39
IOT Samsara Inc. Class A	Reduce -75.7%	0.08%	−0.36
MRVL Marvell Technology Inc.	Reduce -31.8%	0.37%	−0.33
TXN Texas Instruments Inc.	Sold out	0.00%	−0.28
TTD Trade Desk Inc./the Class A	Sold out	0.00%	−0.28
DDOG Datadog Inc. Class A	Reduce -0.8%	0.67%	−0.26
OKTA Okta Inc.	Reduce -20.4%	0.30%	−0.23
GTLB Gitlab Inc. Class A	Reduce -12.9%	0.28%	−0.22
CRWD CrowdStrike Holdings Inc. Class A	Reduce -3.3%	0.52%	−0.22
SU Suncor Energy Inc.	Reduce -35.1%	0.24%	−0.22
SCCO Southern Copper Corp.	Reduce -49.0%	0.18%	−0.22
CAVA Cava Group Inc.	Reduce -22.8%	0.28%	−0.21
ETR Entergy Corp.	Reduce -45.0%	0.15%	−0.21
SHOP Shopify Inc. Class A	Reduce -85.1%	0.03%	−0.19
UNH Unitedhealth Group Inc.	Sold out	0.00%	−0.16
ADM Archer-Daniels-Midland Co.	Reduce -31.3%	0.15%	−0.14
SNOW Snowflake Inc.	Reduce -1.5%	0.38%	−0.14
UPS United Parcel Service Class B	Reduce -56.5%	0.09%	−0.14
UST Proshares Ultra 7-10 Year TR	Sold out	0.00%	−0.12
DEO Diageo PLC-Sponsored ADR	Reduce -3.5%	0.24%	−0.12
FBIN Fortune Brands Innovations I	Sold out	0.00%	−0.11
PLD Prologis Inc.	Reduce -43.4%	0.10%	−0.10
BA The Boeing Co.	Reduce -1.8%	0.29%	−0.10
UPST Upstart Holdings Inc.	Reduce -34.6%	0.07%	−0.09
UBT Proshares Ultra 20+ Year TSY	Sold out	0.00%	−0.08
MDT Medtronic PLC	Reduce -1.9%	0.23%	−0.08
QSR Restaurant Brands Intern	Reduce -24.6%	0.09%	−0.06
JD Jd.com Inc.-ADR	Sold out	0.00%	−0.06
ASML ASML Holding NV-NY Reg SHS	Reduce -34.2%	0.29%	−0.06
ENPH Enphase Energy Inc.	Reduce -52.9%	0.02%	−0.05
CAG Conagra Brands Inc.	Reduce -21.8%	0.06%	−0.05
TOST Toast Inc. Class A	Reduce -5.2%	0.10%	−0.04
MSI Motorola Solutions Inc.	Sold out	0.00%	−0.03
LYB Lyondellbasell Indu Class A	Reduce -3.4%	0.06%	−0.03
DIS The Walt Disney Co.	Sold out	0.00%	−0.02
TMO Thermo Fisher Scientific Inc.	Sold out	0.00%	−0.02
MDLZ Mondelez International Inc. Class A	Reduce -1.2%	0.04%	−0.02
NTAP Netapp Inc.	Reduce -0.4%	0.05%	−0.02
PFE Pfizer Inc.	Reduce -2.5%	0.05%	−0.02

Portfolio Buys Q3 2025 → Q4 2025


QQQ Invesco QQQ Trust Series 1	Add +174.2%	3.16%	+1.68
XBI SS SPDR S&P Biotech ETF	New	1.61%	+1.61
IWM iShares Russell 2000 ETF	Add +234.3%	2.24%	+1.37
EFA iShares MSCI Eafe ETF	New	1.30%	+1.30
WMT Walmart Inc.	Add +244.6%	1.92%	+1.24
IGV iShares Expanded Tech-Softwa	New	1.15%	+1.15
IXJ iShares Global Healthcare Et	New	0.83%	+0.83
VRT Vertiv Holdings Co. Class A	Add +118.1%	1.62%	+0.71
VST Vistra Corp.	New	0.71%	+0.71
DELL Dell Technologies -C	New	0.61%	+0.61
SCHG Schwab US Large-Cap Growth	Add +176.8%	0.93%	+0.50
WM Waste Management Inc.	Add +138.5%	1.07%	+0.48
VZ Verizon Communications Inc.	Add +196.0%	0.86%	+0.45
RKLB Rocket Lab Corp.	New	0.45%	+0.45
IVW iShares S&P 500 Growth ETF	Add +76.3%	1.62%	+0.44
PLTR Palantir Technologies Inc. Class A	Add +273.4%	0.64%	+0.41
IUSB Ishr CR Unvrse Usd BD ETF-Ui	Add +186.5%	0.69%	+0.37
XYL Xylem Inc.	New	0.27%	+0.27
PGHY Invesco Global Ex US High Yi	Add +193.7%	0.48%	+0.27
GOOGL Alphabet Inc. Class A	Add +26.7%	1.34%	+0.26
AOM iShares Core 40/60 Moderate	Add +163.3%	0.50%	+0.25
COIN Coinbase Global Inc. Class A	New	0.25%	+0.25
BBHY JPMorgan Betabuilders Usd Hi	Add +171.3%	0.48%	+0.25
WFC Wells Fargo & Co.	New	0.25%	+0.25
APLD Applied Digital Corp.	Add +857.6%	0.24%	+0.21
RTX RTX Corp.	Add +52.3%	0.92%	+0.20
VONG Vanguard Russell 1000 Growth	Add +64.2%	0.94%	+0.20
JNJ Johnson & Johnson	Add +61.0%	0.72%	+0.19
VWOB Vanguard Emerg MKTS Gov BND	Add +115.3%	0.48%	+0.19
ORCL Oracle Corp.	Add +175.8%	0.60%	+0.19
MAR Marriott International Class A	New	0.19%	+0.19
IRM Iron Mountain Inc.	Add +236.1%	0.35%	+0.18
XME SS SPDR S&P Metals Mining	New	0.15%	+0.15
XEL Xcel Energy Inc.	Add +160.4%	0.32%	+0.15
NET Cloudflare Inc. Class A	New	0.14%	+0.14
VKTX Viking Therapeutics Inc.	New	0.14%	+0.14
T AT&T Inc.	Add +101.3%	0.52%	+0.13
DD Dupont DE Nemours Inc.	New	0.13%	+0.13
COHR Coherent Corp.	Add +319.6%	0.15%	+0.12
KO The Coca-Cola Co.	Add +187.1%	0.22%	+0.12
IBIT iShares Bitcoin Trust ETF	New	0.11%	+0.11
IGIB iShares 5-10Y Inv Grade Corp.	Add +270.7%	0.15%	+0.10
UHS Universal Health Services-B	New	0.09%	+0.09
AFRM Affirm Holdings Inc.	New	0.09%	+0.09
WPC WP Carey Inc.	Add +133.9%	0.22%	+0.09
VHT Vanguard Health Care ETF	Add +32.8%	0.83%	+0.09
NEM Newmont Corp.	Add +28.3%	0.65%	+0.09
V Visa Inc. Class A	Add +93.5%	0.25%	+0.09
BMY Bristol-Myers Squibb Co.	Add +51.8%	0.30%	+0.08
KLAR Klarna Group PLC	New	0.08%	+0.08

Options Activity Q3 2025 → Q4 2025


CRDO Credo Technology Group Holdi	call	New	234	$1.4M
RKLB Rocket Lab Corp.	call	New	455	$1.2M
RBLX Roblox Corp. Class A	call	Sold out	296	$1.1Mbefore exit
APLD Applied Digital Corp.	call	Add +633.6%	1,049	$1.0M
FCX Freeport-McMoran Inc.	call	Reduce -3.9%	791	$978K
PANW Palo Alto Networks Inc.	call	Sold out	224	$876Kbefore exit
VRT Vertiv Holdings Co. Class A	call	Reduce -12.8%	239	$749K
RKT Rocket Cos Inc. Class A	call	Reduce -6.6%	1,895	$620K
IOT Samsara Inc. Class A	call	Sold out	739	$572Kbefore exit
UBER Uber Technologies Inc.	call	Sold out	412	$539Kbefore exit
NVDA Nvidia Corp.	call	Reduce -4.6%	227	$514K
ARM Arm Holdings PLC-ADR	call	Sold out	276	$499Kbefore exit
PLTR Palantir Technologies Inc. Class A	call	Add +9850.0%	199	$476K
COHR Coherent Corp.	call	New	56	$418K
MRVL Marvell Technology Inc.	call	Reduce -6.5%	446	$403K
CAVA Cava Group Inc.	call	Reduce -27.1%	341	$386K
DDOG Datadog Inc. Class A	call	Reduce -6.3%	237	$367K
ORCL Oracle Corp.	call	New	152	$327K
OKTA Okta Inc.	call	Sold out	334	$317Kbefore exit
HOOD Robinhood Markets Inc. Class A	call	Add +30900.0%	310	$314K
GTLB Gitlab Inc. Class A	call	Reduce -24.9%	406	$207K
BA The Boeing Co.	call	Reduce -27.9%	101	$139K
DELL Dell Technologies -C	call	New	244	$120K
MSTR Strategy Inc.	put	Sold out	12	$51Kbefore exit
PLTR Palantir Technologies Inc. Class A	put	Sold out	78	$47Kbefore exit
JD Jd.com Inc.-ADR	call	Sold out	135	$47Kbefore exit
ARM Arm Holdings PLC-ADR	put	Sold out	38	$35Kbefore exit
NVDA Nvidia Corp.	put	Sold out	102	$35Kbefore exit
TSLA Tesla Inc.	call	Sold out	2	$33Kbefore exit
HOOD Robinhood Markets Inc. Class A	put	Add +5.8%	110	$26K
NEM Newmont Corp.	call	Sold out	15	$26Kbefore exit
AMZN Amazon.com Inc.	call	New	11	$21K
TTD Trade Desk Inc./the Class A	put	Sold out	5	$16Kbefore exit
JPM JPMorgan Chase & Co.	call	Sold out	14	$15Kbefore exit
TSLA Tesla Inc.	put	Reduce -5.6%	17	$14K
AFRM Affirm Holdings Inc.	call	New	8	$13K
SNOW Snowflake Inc.	call	Sold out	2	$12Kbefore exit
MS Morgan Stanley	call	Sold out	10	$11Kbefore exit
VRT Vertiv Holdings Co. Class A	put	Add +300.0%	8	$10K
CRWD CrowdStrike Holdings Inc. Class A	call	Sold out	1	$10Kbefore exit
NET Cloudflare Inc. Class A	call	New	3	$7K
NTAP Netapp Inc.	call	Sold out	21	$5Kbefore exit
META Meta Platforms Inc. Class A	put	Sold out	5	$5Kbefore exit
UPST Upstart Holdings Inc.	call	Sold out	56	$5Kbefore exit
INTC Intel Corp.	call	New	6	$4K
GBX Greenbrier Companies Inc.	call	Sold out	33	$4Kbefore exit
AMD Advanced Micro Devices	call	New	1	$4K
RTX RTX Corp.	call	Sold out	6	$3Kbefore exit
BX Blackstone Inc.	call	Reduce -22.2%	7	$3K
SYY Sysco Corp.	call	Sold out	22	$3Kbefore exit

Showing the first 50 of 83.

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

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	273	$1.2B	QQQ, VOO, XBI, SPY, LRCX
Q1 2026	257	$1.0B	VOO, QQQ, EFA, XBI, NVDA
Q4 2025	251	$1.1B	VOO, QQQ, IWM, NVDA, SPY
Q3 2025	216	$830.4M	TLT, VOO, NVDA, MSFT, SPY
Q2 2025	247	$937.5M	VOO, MSFT, SPY, XLF, TLT
Q1 2025	250	$839.4M	VOO, QQQ, DIA, XLF, SHY
Q4 2024	235	$921.2M	VGT, VOO, QQQ, SPY, IWM
Q3 2024	265	$1.4B	IWM, QQQ, VOO, TLT, VGT
Q2 2024	235	$742.6M	QQQ, VOO, MSFT, TLT, NVDA
Q1 2024	251	$867.6M	QQQ, MGK, VOO, MSFT, VDC