Seascape Capital Management
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Seascape Capital Management reported 99 stock positions worth $287.1 million. Its top holding was Doubleline Oppor Cor BND-Usd (DBND) at 7.6% of the portfolio, followed by First Trust Smith Opportunis (FIXD, 7.2%) and iShares MSCI Emr MRK Ex Chna (EMXC, 5.2%). Compared with Q3 2024, it opened 5 new positions, sold out of 3, added to 38 and reduced 43. The biggest buy was a new position in Global X MLP & Energy Infras (MLPX) and the biggest sale an exit from Suncor Energy (SU).
- Most Recent 13F
- Q2 2026
- Location
- PORTSMOUTH, NH
- CIK
- 0001418342
- Portfolio Value
- $287.1M (Q4 2024)
- SEC Filing
- 0001418342-25-000002 ↗ filed Jan 30, 2025
Holdings Value
Holdings 99 stocks · $287.1M
| DBND Doubleline Oppor Cor BND-Usd | 7.58% | 480,235 | $21.7M | Add +0.3% |
| FIXD First Trust Smith Opportunis | 7.16% | 478,525 | $20.6M | Reduce -0.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 5.21% | 269,744 | $15.0M | Add +2.3% |
| GOVT iShares US Treasury Bond ETF | 3.99% | 498,890 | $11.5M | Reduce -2.0% |
| APP AppLovin Corp. Class A | 2.96% | 26,244 | $8.5M | Reduce -11.1% |
| WSM Williams-Sonoma Inc. | 2.84% | 44,078 | $8.2M | Reduce -0.8% |
| AAPL Apple Inc. | 2.66% | 30,553 | $7.7M | Reduce -0.7% |
| DCRE DBL Comm Real Est Debt | 2.47% | 137,704 | $7.1M | Add +1.5% |
| JPIE JPMorgan Income ETF | 2.34% | 147,526 | $6.7M | Add +4.1% |
| NRG NRG Energy Inc. | 2.19% | 69,698 | $6.3M | Add +0.3% |
| NVDA Nvidia Corp. | 2.03% | 43,324 | $5.8M | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 2.01% | 30,518 | $5.8M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 1.94% | 23,185 | $5.6M | Reduce -0.8% |
| PHM Pultegroup Inc. | 1.89% | 49,894 | $5.4M | Reduce -0.3% |
| V Visa Inc. Class A | 1.80% | 16,363 | $5.2M | Reduce -0.3% |
| CAT Caterpillar Inc. | 1.75% | 13,817 | $5.0M | Add +1.4% |
| BKNG Booking Holdings Inc. | 1.74% | 1,005 | $5.0M | Reduce -0.2% |
| ABBV Abbvie Inc. | 1.70% | 27,544 | $4.9M | Add +1.6% |
| DFS Discover Financial Services | 1.70% | 28,129 | $4.9M | Add +0.6% |
| MLPX Global X MLP & Energy Infras | 1.50% | 71,243 | $4.3M | New |
| ORLY O'reilly Automotive Inc. | 1.41% | 3,415 | $4.0M | Add +0.1% |
| IBDW iShares Ibonds Dec 2031 Corp. | 1.41% | 198,540 | $4.0M | Add +1.7% |
| HCA HCA Healthcare Inc. | 1.41% | 13,458 | $4.0M | Reduce -2.6% |
| FLEX Flex Ltd. | 1.40% | 104,463 | $4.0M | Add +0.8% |
| RELX Relx PLC - Spon ADR | 1.37% | 86,881 | $3.9M | Add +1.4% |
| CHD Church & Dwight Co. Inc. | 1.37% | 37,547 | $3.9M | Add +0.7% |
| SHW The Sherwin-Williams Co. | 1.36% | 11,476 | $3.9M | Reduce -1.4% |
| AON Aon PLC Class A | 1.33% | 10,656 | $3.8M | Add +0.1% |
| QCOM Qualcomm Inc. | 1.30% | 24,356 | $3.7M | Add +1.8% |
| FTNT Fortinet Inc. | 1.28% | 38,798 | $3.7M | Add +1.9% |
| VRT Vertiv Holdings Co. Class A | 1.23% | 31,057 | $3.5M | Add +2.4% |
| AVGO Broadcom Inc. | 1.14% | 14,153 | $3.3M | Add +3.9% |
| CDW CDW Corp. | 1.12% | 18,470 | $3.2M | Reduce -5.0% |
| OTIS Otis Worldwide Corp. | 1.10% | 34,130 | $3.2M | Add +0.8% |
| NWG Natwest Group PLC -Spon ADR | 1.09% | 307,304 | $3.1M | Reduce -0.5% |
| META Meta Platforms Inc. Class A | 1.07% | 5,255 | $3.1M | Add +5.6% |
| NXPI NXP Semiconductors NV | 1.07% | 14,752 | $3.1M | Add +2.2% |
| AMG Affiliated Managers Group | 1.04% | 16,191 | $3.0M | Add +0.2% |
| AME Ametek Inc. | 0.98% | 15,655 | $2.8M | Add +0.8% |
| AZN Astrazeneca PLC-Spons ADR | 0.97% | 42,309 | $2.8M | Add +2.5% |
| ANET Arista Networks Inc. | 0.96% | 25,041 | $2.8M | New |
| AEP American Electric Power | 0.93% | 28,993 | $2.7M | New |
| ADBE Adobe Inc. | 0.93% | 5,986 | $2.7M | Reduce -0.1% |
| EW Edwards Lifesciences Corp. | 0.88% | 34,262 | $2.5M | Add +3.9% |
| BLD Topbuild Corp. | 0.86% | 7,937 | $2.5M | Reduce -1.3% |
| CNC Centene Corp. | 0.84% | 39,874 | $2.4M | Reduce -3.1% |
| QSR Restaurant Brands Intern | 0.76% | 33,545 | $2.2M | Reduce -4.3% |
| EHC Encompass Health Corp. | 0.75% | 23,210 | $2.1M | New |
| MUB iShares National Muni Bond E | 0.59% | 15,984 | $1.7M | Add +3.2% |
| MSFT Microsoft Corp. | 0.53% | 3,617 | $1.5M | Add +0.6% |
| SCHB Schwab US Broad Market ETF | 0.52% | 65,809 | $1.5M | Add +23.1% |
| IVV iShares Core S&P 500 ETF | 0.47% | 2,304 | $1.4M | Add +0.1% |
| AMZN Amazon.com Inc. | 0.46% | 6,076 | $1.3M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.41% | 1,543 | $1.2M | Reduce -4.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 2,624 | $1.2M | Reduce -0.1% |
| AGG iShares Core U.S. Aggregate | 0.41% | 12,100 | $1.2M | Add +202.5% |
| MA Mastercard Inc. Class A | 0.40% | 2,205 | $1.2M | Reduce -4.5% |
| MCK McKesson Corp. | 0.34% | 1,711 | $975K | Reduce -2.7% |
| FMB First Trust Managed Municipa | 0.34% | 19,000 | $969K | Reduce -7.8% |
| MRK Merck & Co. Inc. | 0.33% | 9,406 | $936K | Reduce -3.8% |
| IUSV iShares Core S&P U.S. Value | 0.32% | 9,977 | $924K | No change |
| AMAT Applied Materials Inc. | 0.31% | 5,484 | $892K | Reduce -3.8% |
| KR Kroger Co. | 0.28% | 13,324 | $815K | Reduce -0.3% |
| PG The Procter & Gamble Co. | 0.25% | 4,248 | $712K | Add +0.8% |
| USIG iShares Broad Usd Investment | 0.24% | 13,525 | $680K | No change |
| NSC Norfolk Southern Corp. | 0.23% | 2,805 | $658K | Reduce -7.2% |
| GOOG Alphabet Inc. Class C | 0.22% | 3,284 | $625K | Reduce -0.2% |
| ZTS Zoetis Inc. | 0.22% | 3,816 | $622K | Reduce -2.8% |
| JMUB JPMorgan Municipal ETF | 0.21% | 12,105 | $607K | Add +0.9% |
| GLW Corning Inc. | 0.21% | 12,596 | $599K | Reduce -5.5% |
| STE Steris PLC | 0.21% | 2,867 | $589K | Reduce -1.6% |
| IUSG iShares Core S&P U.S. Growth | 0.20% | 4,048 | $564K | Reduce -3.9% |
| CTSH Cognizant Tech Solutions-A | 0.18% | 6,828 | $525K | Add +0.2% |
| NFLX Netflix Inc. | 0.18% | 566 | $504K | Reduce -0.3% |
| IVW iShares S&P 500 Growth ETF | 0.17% | 4,716 | $479K | No change |
| MDY State Street SPDR S&P Midcap | 0.16% | 818 | $466K | No change |
| HD Home Depot Inc. | 0.16% | 1,153 | $449K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 730 | $428K | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 1,359 | $394K | Reduce -1.4% |
| INTF iShares International Equity | 0.14% | 13,599 | $391K | Reduce -7.3% |
| COST Costco Wholesale Corp. | 0.14% | 423 | $388K | Add +1.2% |
| WMT Walmart Inc. | 0.13% | 4,127 | $373K | Reduce -0.0% |
| VNQ Vanguard Real Estate ETF | 0.12% | 3,862 | $344K | No change |
| ACWX iShares MSCI Acwi Ex US ETF | 0.12% | 6,569 | $343K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.12% | 6,600 | $341K | No change |
| SCHG Schwab US Large-Cap Growth | 0.11% | 11,520 | $321K | New |
| IJR iShares Core S&P Small-Cap E | 0.11% | 2,710 | $312K | No change |
| ABT Abbott Laboratories | 0.10% | 2,501 | $283K | Reduce -9.8% |
| ACN Accenture PLC Class A | 0.09% | 774 | $272K | Reduce -23.3% |
| IXN iShares Global Tech ETF | 0.09% | 3,166 | $268K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.09% | 3,750 | $264K | No change |
| ALL Allstate Corp. | 0.09% | 1,321 | $255K | Reduce -1.2% |
| MT Arcelormittal-NY Registered | 0.09% | 10,877 | $252K | Reduce -58.4% |
| VST Vistra Corp. | 0.08% | 1,649 | $227K | Reduce -4.8% |
| SCHO Schwab Short-Term US Treas | 0.08% | 9,413 | $226K | Add +0.5% |
| URI United Rentals Inc. | 0.08% | 319 | $225K | Reduce -0.3% |
| IXUS iShares Core Intl Stock ETF | 0.08% | 3,355 | $222K | Reduce -0.5% |
| ESBA Empire State Realty Op LP-Es | 0.05% | 14,754 | $150K | No change |
| SGMA Sigmatron International Inc. | 0.03% | 43,438 | $77K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| SU Suncor Energy Inc. | Sold out | 0.00% | −0.81 |
| NICE Nice Ltd. - Spon ADR | Sold out | 0.00% | −0.81 |
| CHRD Chord Energy Corp. | Sold out | 0.00% | −0.78 |
| PHM Pultegroup Inc. | Reduce -0.3% | 1.89% | −0.67 |
| HCA HCA Healthcare Inc. | Reduce -2.6% | 1.41% | −0.60 |
| FIXD First Trust Smith Opportunis | Reduce -0.1% | 7.16% | −0.57 |
| CDW CDW Corp. | Reduce -5.0% | 1.12% | −0.45 |
| BLD Topbuild Corp. | Reduce -1.3% | 0.86% | −0.31 |
| CNC Centene Corp. | Reduce -3.1% | 0.84% | −0.26 |
| GOVT iShares US Treasury Bond ETF | Reduce -2.0% | 3.99% | −0.26 |
| SHW The Sherwin-Williams Co. | Reduce -1.4% | 1.36% | −0.23 |
| ADBE Adobe Inc. | Reduce -0.1% | 0.93% | −0.18 |
| MT Arcelormittal-NY Registered | Reduce -58.4% | 0.09% | −0.16 |
| QSR Restaurant Brands Intern | Reduce -4.3% | 0.76% | −0.14 |
| AMAT Applied Materials Inc. | Reduce -3.8% | 0.31% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -4.4% | 0.41% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -3.8% | 0.33% | −0.07 |
| ZTS Zoetis Inc. | Reduce -2.8% | 0.22% | −0.06 |
| STE Steris PLC | Reduce -1.6% | 0.21% | −0.05 |
| FMB First Trust Managed Municipa | Reduce -7.8% | 0.34% | −0.04 |
| NSC Norfolk Southern Corp. | Reduce -7.2% | 0.23% | −0.04 |
| ACN Accenture PLC Class A | Reduce -23.3% | 0.09% | −0.03 |
| INTF iShares International Equity | Reduce -7.3% | 0.14% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 0.41% | −0.02 |
| ABT Abbott Laboratories | Reduce -9.8% | 0.10% | −0.01 |
| URI United Rentals Inc. | Reduce -0.3% | 0.08% | −0.01 |
| IXUS iShares Core Intl Stock ETF | Reduce -0.5% | 0.08% | −0.01 |
| GLW Corning Inc. | Reduce -5.5% | 0.21% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -4.5% | 0.40% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.4% | 0.14% | −0.00 |
| ALL Allstate Corp. | Reduce -1.2% | 0.09% | −0.00 |
| IUSG iShares Core S&P U.S. Growth | Reduce -3.9% | 0.20% | −0.00 |
| VST Vistra Corp. | Reduce -4.8% | 0.08% | +0.01 |
| KR Kroger Co. | Reduce -0.3% | 0.28% | +0.01 |
| WMT Walmart Inc. | Reduce -0.0% | 0.13% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 0.22% | +0.02 |
| MCK McKesson Corp. | Reduce -2.7% | 0.34% | +0.03 |
| NFLX Netflix Inc. | Reduce -0.3% | 0.18% | +0.03 |
| NWG Natwest Group PLC -Spon ADR | Reduce -0.5% | 1.09% | +0.06 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 0.46% | +0.06 |
| AAPL Apple Inc. | Reduce -0.7% | 2.66% | +0.11 |
| JPM JPMorgan Chase & Co. | Reduce -0.8% | 1.94% | +0.18 |
| V Visa Inc. Class A | Reduce -0.3% | 1.80% | +0.19 |
| BKNG Booking Holdings Inc. | Reduce -0.2% | 1.74% | +0.23 |
| WSM Williams-Sonoma Inc. | Reduce -0.8% | 2.84% | +0.39 |
| APP AppLovin Corp. Class A | Reduce -11.1% | 2.96% | +1.59 |
Portfolio Buys Q3 2024 → Q4 2024
| MLPX Global X MLP & Energy Infras | New | 1.50% | +1.50 |
| ANET Arista Networks Inc. | New | 0.96% | +0.96 |
| AEP American Electric Power | New | 0.93% | +0.93 |
| EHC Encompass Health Corp. | New | 0.75% | +0.75 |
| AVGO Broadcom Inc. | Add +3.9% | 1.14% | +0.31 |
| DFS Discover Financial Services | Add +0.6% | 1.70% | +0.30 |
| AGG iShares Core U.S. Aggregate | Add +202.5% | 0.41% | +0.26 |
| FTNT Fortinet Inc. | Add +1.9% | 1.28% | +0.22 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 2.01% | +0.22 |
| FLEX Flex Ltd. | Add +0.8% | 1.40% | +0.16 |
| NVDA Nvidia Corp. | Add +0.5% | 2.03% | +0.16 |
| VRT Vertiv Holdings Co. Class A | Add +2.4% | 1.23% | +0.15 |
| SCHG Schwab US Large-Cap Growth | New | 0.11% | +0.11 |
| EW Edwards Lifesciences Corp. | Add +3.9% | 0.88% | +0.11 |
| SCHB Schwab US Broad Market ETF | Add +23.1% | 0.52% | +0.10 |
| META Meta Platforms Inc. Class A | Add +5.6% | 1.07% | +0.06 |
| AME Ametek Inc. | Add +0.8% | 0.98% | +0.03 |
| AON Aon PLC Class A | Add +0.1% | 1.33% | +0.02 |
| AMG Affiliated Managers Group | Add +0.2% | 1.04% | +0.02 |
| ORLY O'reilly Automotive Inc. | Add +0.1% | 1.41% | +0.01 |
| COST Costco Wholesale Corp. | Add +1.2% | 0.14% | +0.00 |
| JPIE JPMorgan Income ETF | Add +4.1% | 2.34% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 0.15% | 0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.1% | 0.47% | −0.00 |
| SCHO Schwab Short-Term US Treas | Add +0.5% | 0.08% | −0.00 |
| CTSH Cognizant Tech Solutions-A | Add +0.2% | 0.18% | −0.00 |
| MUB iShares National Muni Bond E | Add +3.2% | 0.59% | −0.01 |
| JMUB JPMorgan Municipal ETF | Add +0.9% | 0.21% | −0.01 |
| PG The Procter & Gamble Co. | Add +0.8% | 0.25% | −0.01 |
| MSFT Microsoft Corp. | Add +0.6% | 0.53% | −0.02 |
| CHD Church & Dwight Co. Inc. | Add +0.7% | 1.37% | −0.02 |
| DCRE DBL Comm Real Est Debt | Add +1.5% | 2.47% | −0.05 |
| NRG NRG Energy Inc. | Add +0.3% | 2.19% | −0.07 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +1.7% | 1.41% | −0.07 |
| RELX Relx PLC - Spon ADR | Add +1.4% | 1.37% | −0.07 |
| QCOM Qualcomm Inc. | Add +1.8% | 1.30% | −0.15 |
| OTIS Otis Worldwide Corp. | Add +0.8% | 1.10% | −0.15 |
| CAT Caterpillar Inc. | Add +1.4% | 1.75% | −0.15 |
| NXPI NXP Semiconductors NV | Add +2.2% | 1.07% | −0.17 |
| AZN Astrazeneca PLC-Spons ADR | Add +2.5% | 0.97% | −0.18 |
| ABBV Abbvie Inc. | Add +1.6% | 1.70% | −0.20 |
| DBND Doubleline Oppor Cor BND-Usd | Add +0.3% | 7.58% | −0.51 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +2.3% | 5.21% | −0.54 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 96 | $417.3M | EMXC, FTCB, DBND, FLEX, CAT |
| Q1 2026 | 91 | $347.3M | FTCB, DBND, EMXC, GOVT, CAT |
| Q4 2025 | 91 | $351.8M | FTCB, DBND, EMXC, GOVT, APP |
| Q3 2025 | 96 | $348.6M | DBND, FTCB, EMXC, GOVT, APP |
| Q2 2025 | 96 | $317.2M | DBND, FTCB, EMXC, GOVT, NRG |
| Q1 2025 | 100 | $286.7M | DBND, FTCB, EMXC, GOVT, DCRE |
| Q4 2024 | 99 | $287.1M | DBND, FIXD, EMXC, GOVT, APP |
| Q3 2024 | 97 | $280.5M | DBND, FIXD, EMXC, GOVT, PHM |
| Q2 2024 | 99 | $268.2M | DBND, FIXD, EMXC, GOVT, DCRE |
| Q1 2024 | 104 | $269.1M | DBND, FIXD, EMXC, GOVT, WSM |