Samalin Investment Counsel, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Samalin Investment Counsel, LLC reported 315 stock positions worth $245.6 million. Its top holding was Apple (AAPL) at 3.3% of the portfolio, followed by Vaneck Merk Gold ETF (OUNZ, 2.4%) and SS SPDR S&P 500 ETF Trust-US (SPY, 2.2%). Compared with Q4 2024, it opened 37 new positions, sold out of 14, added to 194 and reduced 77. The biggest buy was SPDR Gold Shares (GLD, shares +154%) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −39%).
- Most Recent 13F
- Q2 2026
- Location
- CHAPPAQUA, NY
- CIK
- 0001544366
- Portfolio Value
- $245.6M (Q1 2025)
- SEC Filing
- 0001172661-25-001910 ↗ filed May 14, 2025
Holdings Value
Holdings 315 stocks · $245.6M
| AAPL Apple Inc. | 3.35% | 37,025 | $8.2M | Add +9.5% |
| OUNZ Vaneck Merk Gold ETF | 2.40% | 195,160 | $5.9M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.16% | 9,501 | $5.3M | Reduce -1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.84% | 8,494 | $4.5M | Add +11.7% |
| MSFT Microsoft Corp. | 1.72% | 11,258 | $4.2M | Add +4.6% |
| DGRO iShares Core Dividend Growth | 1.39% | 55,225 | $3.4M | Add +14.9% |
| ITOT iShares Core S&P Total U.S. | 1.38% | 27,865 | $3.4M | Add +11.4% |
| NVDA Nvidia Corp. | 1.34% | 30,407 | $3.3M | Reduce -7.3% |
| IWY iShares Russell Top 200 Grow | 1.33% | 15,515 | $3.3M | Add +11.7% |
| IWR iShares Russell Mid-Cap ETF | 1.27% | 36,773 | $3.1M | Add +13.8% |
| MPLX MPLX LP | 1.17% | 53,839 | $2.9M | Reduce -3.5% |
| TIP iShares Tips Bond ETF | 1.17% | 25,937 | $2.9M | Add +0.5% |
| GLD SPDR Gold Shares | 1.16% | 9,905 | $2.9M | Add +153.7% |
| EFAV iShares MSCI Eafe Min Vol Fa | 1.16% | 36,400 | $2.8M | Reduce -11.7% |
| SHY iShares 1-3 Year Treasury Bo | 1.09% | 32,351 | $2.7M | Reduce -0.1% |
| ISTB iShares Core 1-5 Year Usd Bo | 1.08% | 54,944 | $2.7M | Reduce -2.5% |
| USTB Victoryshares Short-Term Bon | 1.08% | 52,199 | $2.6M | Reduce -4.2% |
| META Meta Platforms Inc. Class A | 1.01% | 4,303 | $2.5M | Add +30.4% |
| DFAC Dimensional US Core Equity 2 | 0.96% | 71,504 | $2.4M | Reduce -39.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.94% | 4,924 | $2.3M | Reduce -9.3% |
| BIZD Vaneck BDC Income ETF | 0.94% | 137,432 | $2.3M | Reduce -2.8% |
| JPM JPMorgan Chase & Co. | 0.93% | 9,262 | $2.3M | Add +2.6% |
| EPD Enterprise Products Partners | 0.88% | 62,956 | $2.1M | Add +1.2% |
| AMLP Alerian MLP ETF | 0.84% | 39,911 | $2.1M | Reduce -8.6% |
| ETN Eaton Corp. PLC | 0.83% | 7,481 | $2.0M | Add +10.3% |
| FTEC Fidelity MSCI Info Tech Indx | 0.80% | 12,131 | $2.0M | Add +13.6% |
| PFFA Virtus Infracap US Pref STCK | 0.77% | 89,068 | $1.9M | Add +5.0% |
| RQI Cohen & Steers Qual Inc. RLTY | 0.74% | 145,178 | $1.8M | Reduce -14.8% |
| TSLA Tesla Inc. | 0.71% | 6,688 | $1.7M | Reduce -4.0% |
| PG The Procter & Gamble Co. | 0.65% | 9,407 | $1.6M | Add +1.7% |
| DFSB Dim GLB Sustain Fix Inc. ETF | 0.64% | 30,492 | $1.6M | Add +0.4% |
| DFSD Dimensional Short Duration | 0.64% | 32,823 | $1.6M | Add +0.9% |
| ARCC Ares Capital Corp. | 0.62% | 69,046 | $1.5M | Reduce -0.9% |
| IJR iShares Core S&P Small-Cap E | 0.62% | 14,631 | $1.5M | Add +17.9% |
| DFCF Dimensional Core Fixed Inc. | 0.60% | 35,002 | $1.5M | Reduce -1.3% |
| DFIP Dimensional Inflation-Protec | 0.59% | 34,428 | $1.4M | Add +0.3% |
| DFUV Dimensional US Marketwide Va | 0.58% | 34,426 | $1.4M | Add +21.8% |
| MLCO Melco Resorts & Entert-ADR | 0.56% | 261,312 | $1.4M | Add +171.4% |
| IVV iShares Core S&P 500 ETF | 0.55% | 2,425 | $1.4M | Add +5.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.53% | 16,624 | $1.3M | Add +31.1% |
| OCSL Oaktree Specialty Lending Co. | 0.53% | 85,277 | $1.3M | Add +110.4% |
| HQH Abrdn Healthcare Investors | 0.53% | 80,048 | $1.3M | Add +9.9% |
| RSP Invesco S&P 500 Equal Weight | 0.53% | 7,478 | $1.3M | Add +0.9% |
| HTD John Hancock Tax Adv DVD Inc. filed as HANCOCK JOHN TAX-ADVANTAGED | 0.51% | 51,884 | $1.2M | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.50% | 10,249 | $1.2M | Add +0.4% |
| WES Western Midstream Partners L | 0.50% | 29,720 | $1.2M | Add +5.3% |
| AMZN Amazon.com Inc. | 0.49% | 6,369 | $1.2M | Add +3.9% |
| PTY PIMCO Corporate & Income Opp | 0.49% | 83,701 | $1.2M | Add +3.2% |
| JNJ Johnson & Johnson | 0.49% | 7,255 | $1.2M | Reduce -25.2% |
| LLY Eli Lilly & Co. | 0.49% | 1,451 | $1.2M | Reduce -44.1% |
| HD Home Depot Inc. | 0.47% | 3,128 | $1.1M | Add +7.1% |
| OBDC Blue Owl Capital Corp. | 0.46% | 77,685 | $1.1M | Add +1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 27,117 | $1.1M | Reduce -0.6% |
| DFUS Dimensional US Eq MKT ETF | 0.45% | 18,207 | $1.1M | Add +220.4% |
| OPRA Opera Ltd.-ADR | 0.45% | 68,604 | $1.1M | Add +34.3% |
| EEM iShares MSCI Emerging Market | 0.44% | 24,857 | $1.1M | Reduce -5.1% |
| V Visa Inc. Class A | 0.43% | 3,041 | $1.1M | Add +6.8% |
| RVT Royce Small-Cap Trust Inc. | 0.43% | 73,799 | $1.1M | Add +7.0% |
| O Realty Income Corp. | 0.42% | 17,887 | $1.0M | Add +30.0% |
| SPOT Spotify Technology SA | 0.42% | 1,860 | $1.0M | Reduce -6.2% |
| CVX Chevron Corp. | 0.41% | 6,077 | $1.0M | Add +26.4% |
| ET Energy Transfer LP | 0.41% | 53,805 | $1.0M | Add +3.8% |
| PDO PIMCO Dynamic Income Opport | 0.40% | 71,524 | $993K | Add +3.3% |
| VNQ Vanguard Real Estate ETF | 0.40% | 10,912 | $988K | Add +111.8% |
| DFAS Dimensional US Small Cap ETF | 0.40% | 16,266 | $972K | Add +23.5% |
| BGR BlackRock Enrgy & Res TR | 0.39% | 70,709 | $960K | Add +5.1% |
| XRNPX Cohen & Steers REIT and Pref | 0.39% | 43,391 | $958K | Add +7.5% |
| UNH Unitedhealth Group Inc. | 0.39% | 1,820 | $953K | Add +6.4% |
| APO Apollo Global Management Inc. | 0.39% | 6,922 | $948K | Reduce -11.7% |
| MCD McDonald's Corp. | 0.38% | 3,006 | $939K | Add +4.0% |
| OXFORD LANE CAP CORP | 0.38% | 198,488 | $937K | Add +8.2% |
| XAWPX Abrdn Global Premier Propert | 0.38% | 240,618 | $934K | Add +17.8% |
| RFI Cohen & Steers Tot Ret RLTY | 0.38% | 77,173 | $933K | Reduce -4.3% |
| THQ Abrdn Healthcare Opport | 0.38% | 44,963 | $928K | Add +7.1% |
| WPC WP Carey Inc. | 0.37% | 14,539 | $918K | Add +18.2% |
| PDI PIMCO Dynamic Income Fund | 0.37% | 46,337 | $917K | Add +7.4% |
| DUHP Dimensional US High Profi Et | 0.37% | 27,440 | $909K | Add +248.8% |
| IJH iShares Core S&P Midcap ETF | 0.37% | 15,455 | $902K | Add +3.2% |
| OHI Omega Healthcare Investors | 0.37% | 23,664 | $901K | Add +9.7% |
| GOOGL Alphabet Inc. Class A | 0.37% | 5,814 | $899K | Add +1.7% |
| BTO John Hancock Financial Opp | 0.36% | 26,253 | $895K | Add +7.2% |
| JPC Nuveen Prefered & Income Opp | 0.36% | 110,574 | $880K | Add +4.1% |
| DFP Flaherty & Crumrine DYN Pref | 0.36% | 43,479 | $880K | Add +6.6% |
| THW Abrdn World Healthcare Fund | 0.36% | 75,713 | $873K | Add +9.5% |
| XLK SS Technology Select Sector | 0.35% | 4,177 | $863K | Add +7.9% |
| MO Altria Group Inc. | 0.35% | 14,252 | $855K | Reduce -0.1% |
| MOAT Vaneck Morningstar Wide Moat | 0.35% | 9,677 | $852K | Reduce -10.6% |
| FBTC Fidelity Wise Origin Bitcoin | 0.34% | 11,622 | $836K | Add +3.3% |
| DFAI Dimensional International Co. | 0.34% | 26,778 | $836K | Reduce -37.4% |
| DFLV Dim US Large Cap Value ETF | 0.33% | 26,512 | $810K | Add +191.5% |
| XIFR XPLR Infrastructure LP | 0.33% | 84,400 | $802K | Add +181.8% |
| LYB Lyondellbasell Indu Class A | 0.32% | 11,185 | $787K | New |
| WMT Walmart Inc. | 0.31% | 8,786 | $771K | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.31% | 4,593 | $769K | Reduce -7.8% |
| MDY State Street SPDR S&P Midcap | 0.31% | 1,414 | $754K | Add +5.3% |
| OXY Occidental Petroleum Corp. | 0.31% | 15,237 | $752K | Add +11.7% |
| PFE Pfizer Inc. | 0.31% | 29,617 | $751K | Add +16.5% |
| ABBV Abbvie Inc. | 0.31% | 3,581 | $750K | Add +8.8% |
| USA Liberty All Star Equity Fund | 0.30% | 113,542 | $744K | Add +16.7% |
| ARI Apollo Commercial Real Estat | 0.30% | 76,485 | $732K | Add +27.3% |
Options reported separately and not counted above: NVDA puts ($390K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $764K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 9,137 | $436K | Add +13.4% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 6,508 | $328K | New |
Total filed on the 13F, all lines: $246.3M.
Portfolio Sells Q4 2024 → Q1 2025
| DFAC Dimensional US Core Equity 2 | Reduce -39.2% | 0.96% | −0.79 |
| NVDA Nvidia Corp. | Reduce -7.3% | 1.34% | −0.55 |
| TSLA Tesla Inc. | Reduce -4.0% | 0.71% | −0.50 |
| LLY Eli Lilly & Co. | Reduce -44.1% | 0.49% | −0.37 |
| IWM iShares Russell 2000 ETF | Reduce -55.3% | 0.18% | −0.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.5% | 2.16% | −0.27 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -9.3% | 0.94% | −0.25 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.23 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.23 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -39.0% | 0.28% | −0.21 |
| DFAI Dimensional International Co. | Reduce -37.4% | 0.34% | −0.20 |
| T AT&T Inc. | Reduce -71.7% | 0.10% | −0.20 |
| MAC The Macerich Co. | Sold out | 0.00% | −0.19 |
| AVGO Broadcom Inc. | Reduce -7.8% | 0.31% | −0.18 |
| TCPC BlackRock TCP Capital Corp. | Reduce -35.2% | 0.22% | −0.17 |
| APO Apollo Global Management Inc. | Reduce -11.7% | 0.39% | −0.17 |
| SBUX Starbucks Corp. | Reduce -52.3% | 0.15% | −0.16 |
| RQI Cohen & Steers Qual Inc. RLTY | Reduce -14.8% | 0.74% | −0.15 |
| FLEX Flex Ltd. | Reduce -27.1% | 0.22% | −0.15 |
| CLX Clorox Company | Sold out | 0.00% | −0.14 |
| CLS Celestica Inc. | Reduce -29.9% | 0.17% | −0.13 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.12 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -47.6% | 0.09% | −0.11 |
| FDLO Fidelity Low Volat Fact ETF | Reduce -42.7% | 0.14% | −0.11 |
| JNJ Johnson & Johnson | Reduce -25.2% | 0.49% | −0.11 |
| FVAL Fidelity Value Factor ETF | Reduce -22.9% | 0.27% | −0.11 |
| HOMZ Hoya Capital Housing ETF | Sold out | 0.00% | −0.11 |
| ONEQ Fidelity Nasdaq Comp Indx | Reduce -30.7% | 0.14% | −0.10 |
| BX Blackstone Inc. | Reduce -3.2% | 0.29% | −0.10 |
| USTB Victoryshares Short-Term Bon | Reduce -4.2% | 1.08% | −0.10 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -11.7% | 1.16% | −0.10 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.10 |
| PFF iShares Preferred & Income S | Sold out | 0.00% | −0.09 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -10.6% | 0.35% | −0.09 |
| NFE New Fortress Energy Inc. | Sold out | 0.00% | −0.08 |
| PFFR Infracap REIT Preferred ETF | Sold out | 0.00% | −0.08 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -2.5% | 1.08% | −0.08 |
| MS Morgan Stanley | Reduce -28.6% | 0.13% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -6.4% | 0.19% | −0.07 |
| BIZD Vaneck BDC Income ETF | Reduce -2.8% | 0.94% | −0.07 |
| AMGN Amgen Inc. | Reduce -29.7% | 0.28% | −0.07 |
| DFAE Dimensional Emerging Core Eq | Reduce -33.3% | 0.13% | −0.07 |
| JEPI JPMorgan Equity Premium Inco | Reduce -24.1% | 0.16% | −0.06 |
| AMLP Alerian MLP ETF | Reduce -8.6% | 0.84% | −0.06 |
| CHRD Chord Energy Corp. | Reduce -14.5% | 0.21% | −0.06 |
| CHI Calamos Convert Opport & Inc. | Reduce -0.5% | 0.18% | −0.06 |
| BAC Bank of America Corp. | Reduce -0.6% | 0.46% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Reduce -15.9% | 0.20% | −0.05 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.1% | 1.09% | −0.05 |
| EXPE Expedia Group Inc. | Reduce -27.0% | 0.09% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| GLD SPDR Gold Shares | Add +153.7% | 1.16% | +0.76 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +11.7% | 1.84% | +0.36 |
| MLCO Melco Resorts & Entert-ADR | Add +171.4% | 0.56% | +0.32 |
| LYB Lyondellbasell Indu Class A | New | 0.32% | +0.32 |
| DFUS Dimensional US Eq MKT ETF | Add +220.4% | 0.45% | +0.29 |
| SRLN SS Blackstone Sr Loan ETF | New | 0.28% | +0.28 |
| OCSL Oaktree Specialty Lending Co. | Add +110.4% | 0.53% | +0.27 |
| DUHP Dimensional US High Profi Et | Add +248.8% | 0.37% | +0.26 |
| ALE Allete Inc. | New | 0.22% | +0.22 |
| DFLV Dim US Large Cap Value ETF | Add +191.5% | 0.33% | +0.21 |
| ORCL Oracle Corp. | New | 0.21% | +0.21 |
| VNQ Vanguard Real Estate ETF | Add +111.8% | 0.40% | +0.20 |
| DFSI Dimensional Int Sus COR1 ETF | New | 0.19% | +0.19 |
| PLTR Palantir Technologies Inc. Class A | New | 0.19% | +0.19 |
| META Meta Platforms Inc. Class A | Add +30.4% | 1.01% | +0.18 |
| LXP LXP Industrial Trust | Add +165.7% | 0.24% | +0.15 |
| IBM Intl Business Machines Corp. | New | 0.14% | +0.14 |
| ED Consolidated Edison Inc. | New | 0.13% | +0.13 |
| CL Colgate-Palmolive Co. | New | 0.13% | +0.13 |
| DGRO iShares Core Dividend Growth | Add +14.9% | 1.39% | +0.12 |
| DLR Digital Realty Trust Inc. | New | 0.12% | +0.12 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +31.1% | 0.53% | +0.12 |
| CB Chubb Ltd. | New | 0.12% | +0.12 |
| CCI Crown Castle Inc. | New | 0.12% | +0.12 |
| CVX Chevron Corp. | Add +26.4% | 0.41% | +0.11 |
| ACRE Ares Commercial Real Estate | Add +132.6% | 0.25% | +0.11 |
| O Realty Income Corp. | Add +30.0% | 0.42% | +0.11 |
| HQL Abrdn Life Sciences Investor | New | 0.11% | +0.11 |
| TIDAL TR II | Add +116.3% | 0.21% | +0.10 |
| MA Mastercard Inc. Class A | New | 0.10% | +0.10 |
| PFXF Vaneck Pref Sec X-Financials | New | 0.10% | +0.10 |
| HIW Highwoods Properties Inc. | New | 0.10% | +0.10 |
| KRG Kite Realty Group Trust | New | 0.10% | +0.10 |
| ELF Elf Beauty Inc. | New | 0.10% | +0.10 |
| XIFR XPLR Infrastructure LP | Add +181.8% | 0.33% | +0.10 |
| ORLY O'reilly Automotive Inc. | New | 0.09% | +0.09 |
| MPT Medical Properties Trust Inc. | Add +3.4% | 0.27% | +0.09 |
| UBER Uber Technologies Inc. | New | 0.09% | +0.09 |
| GNT Gamco Natural Resources Gold | Add +199.4% | 0.13% | +0.09 |
| TRGP Targa Resources Corp. | New | 0.09% | +0.09 |
| HCA HCA Healthcare Inc. | New | 0.09% | +0.09 |
| IRM Iron Mountain Inc. | New | 0.09% | +0.09 |
| DFAX Dimensional World Ex US Core | New | 0.09% | +0.09 |
| OKE Oneok Inc. | New | 0.09% | +0.09 |
| APLE Apple Hospitality REIT Inc. | New | 0.09% | +0.09 |
| HSBC HSBC Holdings PLC-Spons ADR | New | 0.09% | +0.09 |
| WPC WP Carey Inc. | Add +18.2% | 0.37% | +0.09 |
| AQN Algonquin Power & Utilities | Add +32.3% | 0.27% | +0.08 |
| RF Regions Financial Corp. | New | 0.08% | +0.08 |
| DFUV Dimensional US Marketwide Va | Add +21.8% | 0.58% | +0.08 |
Options Activity Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | put | New | 3,600 | $390K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +13.4% | 9,137 | $436K |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 6,508 | $328K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 330 | $311.0M | AAPL, SPY, OUNZ, IWY, DGRO |
| Q1 2026 | 316 | $280.4M | AAPL, OUNZ, SPY, GLD, DGRO |
| Q4 2025 | 310 | $280.5M | AAPL, OUNZ, MSFT, SPY, ITOT |
| Q3 2025 | 324 | $288.5M | AAPL, OUNZ, NVDA, SPY, MSFT |
| Q2 2025 | 292 | $259.1M | AAPL, MSFT, SPY, OUNZ, NVDA |
| Q1 2025 | 315 | $245.6M | AAPL, OUNZ, SPY, BRK.B, MSFT |
| Q4 2024 | 292 | $232.5M | AAPL, SPY, OUNZ, MSFT, NVDA |
| Q3 2024 | 283 | $229.3M | AAPL, SPY, OUNZ, DFAC, MSFT |
| Q2 2024 | 274 | $214.0M | AAPL, SPY, MSFT, DFAC, NVDA |
| Q1 2024 | 277 | $209.8M | AAPL, SPY, DFAC, MSFT, OUNZ |