Seascape Capital Management

Name: Seascape Capital Management 13F holdings, Q3 2025
Creator: Seascape Capital Management
Published: 2025-10-20

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

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Seascape Capital Management reported 96 stock positions worth $348.6 million. Its top holding was Doubleline Oppor Cor BND-Usd (DBND) at 8.3% of the portfolio, followed by FT Core Investment Grade ETF (FTCB, 8.1%) and iShares MSCI Emr MRK Ex Chna (EMXC, 5.8%). Compared with Q2 2025, it opened 7 new positions, sold out of 7, added to 62 and reduced 18. The biggest buy was AppLovin Class A (APP, shares +3%) and the biggest sale an exit from Church & Dwight (CHD).

Most Recent 13F: Q2 2026
Location: PORTSMOUTH, NH
CIK: 0001418342
Portfolio Value: $348.6M (Q3 2025)
SEC Filing: 0001418342-25-000010 ↗ filed Oct 20, 2025

Holdings Value

Holdings 96 stocks · $348.6M


DBND Doubleline Oppor Cor BND-Usd	8.25%	618,301	$28.8M	Add +3.1%
FTCB FT Core Investment Grade ETF	8.11%	1,326,054	$28.3M	Add +2.0%
EMXC iShares MSCI Emr MRK Ex Chna	5.85%	301,937	$20.4M	Add +1.3%
GOVT iShares US Treasury Bond ETF	3.20%	482,606	$11.2M	Reduce -1.4%
APP AppLovin Corp. Class A	3.19%	15,493	$11.1M	Add +3.3%
NRG NRG Energy Inc.	2.71%	58,323	$9.4M	Add +0.8%
NVDA Nvidia Corp.	2.37%	44,376	$8.3M	Add +0.3%
DCRE DBL Comm Real Est Debt	2.32%	155,614	$8.1M	Add +2.9%
JPIE JPMorgan Income ETF	2.31%	173,847	$8.1M	Reduce -0.5%
AAPL Apple Inc.	2.18%	29,846	$7.6M	Add +0.4%
GOOGL Alphabet Inc. Class A	2.12%	30,385	$7.4M	Add +2.4%
JPM JPMorgan Chase & Co.	1.97%	21,787	$6.9M	Add +0.5%
CAT Caterpillar Inc.	1.89%	13,833	$6.6M	Add +0.4%
WSM Williams-Sonoma Inc.	1.89%	33,626	$6.6M	Add +0.8%
ABBV Abbvie Inc.	1.83%	27,516	$6.4M	Add +2.2%
FLEX Flex Ltd.	1.81%	108,863	$6.3M	Add +4.0%
DMX Doubleline Multi-Sec Inc. ETF	1.76%	121,108	$6.1M	Add +37.3%
COF Capital One Financial Corp.	1.74%	28,453	$6.0M	Add +0.9%
HCA HCA Healthcare Inc.	1.71%	13,952	$5.9M	Add +4.9%
IBDW iShares Ibonds Dec 2031 Corp.	1.59%	260,724	$5.5M	Reduce -1.5%
V Visa Inc. Class A	1.57%	16,016	$5.5M	Add +2.0%
PHM Pultegroup Inc.	1.57%	41,326	$5.5M	Add +1.6%
BKNG Booking Holdings Inc.	1.55%	1,003	$5.4M	Add +3.2%
ORLY O'reilly Automotive Inc.	1.55%	50,106	$5.4M	Add +4.0%
MLPX Global X MLP & Energy Infras	1.49%	82,657	$5.2M	Add +9.6%
RTX RTX Corp.	1.32%	27,421	$4.6M	Add +4.5%
VRT Vertiv Holdings Co. Class A	1.26%	29,075	$4.4M	Add +6.8%
AMG Affiliated Managers Group	1.26%	18,377	$4.4M	Add +9.8%
MNST Monster Beverage Corp.	1.24%	64,258	$4.3M	New
META Meta Platforms Inc. Class A	1.22%	5,811	$4.3M	Add +7.3%
NWG Natwest Group PLC -Spon ADR	1.22%	301,442	$4.3M	Add +0.6%
RELX Relx PLC - Spon ADR	1.19%	87,202	$4.2M	Add +3.6%
ANET Arista Networks Inc.	1.19%	28,484	$4.2M	Add +3.2%
QCOM Qualcomm Inc.	1.18%	24,824	$4.1M	Add +3.2%
AVGO Broadcom Inc.	1.13%	11,956	$3.9M	Reduce -6.3%
AON Aon PLC Class A	1.12%	10,996	$3.9M	Add +1.3%
BLD Topbuild Corp.	1.08%	9,611	$3.8M	Add +5.7%
AEP American Electric Power	1.06%	32,843	$3.7M	Add +13.2%
AZN Astrazeneca PLC-Spons ADR	1.05%	47,750	$3.7M	Add +12.0%
FTNT Fortinet Inc.	1.04%	43,274	$3.6M	Add +14.4%
NXPI NXP Semiconductors NV	0.97%	14,859	$3.4M	Add +3.2%
EHC Encompass Health Corp.	0.95%	26,182	$3.3M	Add +8.3%
CDW CDW Corp.	0.95%	20,807	$3.3M	Add +5.7%
SHW The Sherwin-Williams Co.	0.95%	9,546	$3.3M	Add +2.5%
AME Ametek Inc.	0.94%	17,512	$3.3M	Add +7.6%
EW Edwards Lifesciences Corp.	0.88%	39,378	$3.1M	Add +14.7%
APH Amphenol Corp. Class A	0.74%	20,911	$2.6M	New
ROP Roper Technologies Inc.	0.72%	5,067	$2.5M	Add +17.7%
FMB First Trust Managed Municipa	0.69%	47,250	$2.4M	Add +110.0%
ADBE Adobe Inc.	0.58%	5,762	$2.0M	Reduce -2.9%
MSFT Microsoft Corp.	0.55%	3,701	$1.9M	Add +8.5%
SCHB Schwab US Broad Market ETF	0.40%	53,633	$1.4M	Add +3.9%
BRK.B Berkshire Hathaway Inc. Class B	0.39%	2,689	$1.4M	Add +1.2%
AMZN Amazon.com Inc.	0.37%	5,824	$1.3M	Add +4.4%
MA Mastercard Inc. Class A	0.34%	2,088	$1.2M	Add +1.7%
LLY Eli Lilly & Co.	0.33%	1,517	$1.2M	Reduce -0.9%
IVV iShares Core S&P 500 ETF	0.31%	1,601	$1.1M	Add +5.0%
AMAT Applied Materials Inc.	0.27%	4,663	$955K	Reduce -10.4%
GOOG Alphabet Inc. Class C	0.23%	3,290	$801K	Add +2.5%
USIG iShares Broad Usd Investment	0.23%	15,125	$790K	Add +9.0%
PG The Procter & Gamble Co.	0.22%	4,883	$750K	Add +14.0%
NFLX Netflix Inc.	0.20%	568	$681K	Add +1.6%
MCK McKesson Corp.	0.18%	791	$611K	Reduce -44.4%
JMUB JPMorgan Municipal ETF	0.17%	12,000	$606K	Reduce -0.9%
MRK Merck & Co. Inc.	0.17%	7,189	$603K	Reduce -15.1%
MUB iShares National Muni Bond E	0.17%	5,535	$589K	Add +3.8%
INTF iShares International Equity	0.17%	16,152	$580K	Add +16.6%
IVW iShares S&P 500 Growth ETF	0.16%	4,716	$569K	No change
AGG iShares Core U.S. Aggregate	0.16%	5,514	$553K	No change
SPY SS SPDR S&P 500 ETF Trust-US	0.14%	736	$490K	Add +0.3%
WMT Walmart Inc.	0.13%	4,376	$451K	Add +2.1%
HD Home Depot Inc.	0.12%	1,067	$432K	Reduce -6.4%
ACWX iShares MSCI Acwi Ex US ETF	0.12%	6,569	$427K	No change
MDY State Street SPDR S&P Midcap	0.12%	688	$410K	Reduce -15.9%
COST Costco Wholesale Corp.	0.11%	423	$392K	Add +1.7%
GLW Corning Inc.	0.11%	4,713	$387K	Reduce -63.1%
SCHG Schwab US Large-Cap Growth	0.11%	11,554	$369K	Add +0.1%
VTI VG Morningstar TS MKT ETF-US	0.11%	1,124	$369K	Reduce -2.0%
KR Kroger Co.	0.10%	5,410	$365K	Reduce -57.5%
ABT Abbott Laboratories	0.10%	2,665	$357K	Add +5.8%
VNQ Vanguard Real Estate ETF	0.10%	3,862	$353K	No change
IGSB iShares 1-5Y Inv Grade Corp.	0.10%	6,600	$350K	No change
IUSG iShares Core S&P U.S. Growth	0.10%	2,099	$345K	Add +2.6%
IEFA iShares Core MSCI Eafe ETF	0.09%	3,750	$327K	No change
NSC Norfolk Southern Corp.	0.09%	1,069	$321K	Reduce -55.0%
IXN iShares Global Tech ETF	0.09%	3,066	$316K	No change
IJR iShares Core S&P Small-Cap E	0.08%	2,410	$286K	Add +1.9%
IXUS iShares Core Intl Stock ETF	0.08%	3,355	$277K	No change
ESGU iShares ESG Aware MSCI USA	0.08%	1,848	$269K	New
ORCL Oracle Corp.	0.08%	932	$262K	New
PLTR Palantir Technologies Inc. Class A	0.07%	1,339	$244K	New
ZTS Zoetis Inc.	0.07%	1,605	$235K	Reduce -54.4%
STE Steris PLC	0.07%	932	$231K	Reduce -60.6%
IBIT iShares Bitcoin Trust ETF	0.06%	3,300	$215K	New
SONY Sony Group Corp. - SP ADR	0.06%	7,143	$206K	New
ESBA Empire State Realty Op LP-Es	0.03%	14,754	$110K	No change

Portfolio Sells Q2 2025 → Q3 2025


CHD Church & Dwight Co. Inc.	Sold out	0.00%	−1.16
CNC Centene Corp.	Sold out	0.00%	−0.78
QSR Restaurant Brands Intern	Sold out	0.00%	−0.74
GOVT iShares US Treasury Bond ETF	Reduce -1.4%	3.20%	−0.34
JPIE JPMorgan Income ETF	Reduce -0.5%	2.31%	−0.24
KR Kroger Co.	Reduce -57.5%	0.10%	−0.18
IBDW iShares Ibonds Dec 2031 Corp.	Reduce -1.5%	1.59%	−0.17
MCK McKesson Corp.	Reduce -44.4%	0.18%	−0.15
ADBE Adobe Inc.	Reduce -2.9%	0.58%	−0.14
CTSH Cognizant Tech Solutions-A	Sold out	0.00%	−0.13
STE Steris PLC	Reduce -60.6%	0.07%	−0.11
ZTS Zoetis Inc.	Reduce -54.4%	0.07%	−0.11
GLW Corning Inc.	Reduce -63.1%	0.11%	−0.10
NSC Norfolk Southern Corp.	Reduce -55.0%	0.09%	−0.10
MT Arcelormittal-NY Registered	Sold out	0.00%	−0.09
SCHO Schwab Short-Term US Treas	Sold out	0.00%	−0.07
LLY Eli Lilly & Co.	Reduce -0.9%	0.33%	−0.04
SGMA Sigmatron International Inc.	Sold out	0.00%	−0.04
MRK Merck & Co. Inc.	Reduce -15.1%	0.17%	−0.04
MDY State Street SPDR S&P Midcap	Reduce -15.9%	0.12%	−0.03
AMAT Applied Materials Inc.	Reduce -10.4%	0.27%	−0.03
JMUB JPMorgan Municipal ETF	Reduce -0.9%	0.17%	−0.02
HD Home Depot Inc.	Reduce -6.4%	0.12%	−0.01
VTI VG Morningstar TS MKT ETF-US	Reduce -2.0%	0.11%	−0.00
AVGO Broadcom Inc.	Reduce -6.3%	1.13%	+0.02

Portfolio Buys Q2 2025 → Q3 2025


APP AppLovin Corp. Class A	Add +3.3%	3.19%	+1.54
MNST Monster Beverage Corp.	New	1.24%	+1.24
APH Amphenol Corp. Class A	New	0.74%	+0.74
GOOGL Alphabet Inc. Class A	Add +2.4%	2.12%	+0.47
DMX Doubleline Multi-Sec Inc. ETF	Add +37.3%	1.76%	+0.36
FMB First Trust Managed Municipa	Add +110.0%	0.69%	+0.33
ANET Arista Networks Inc.	Add +3.2%	1.19%	+0.30
AAPL Apple Inc.	Add +0.4%	2.18%	+0.26
ABBV Abbvie Inc.	Add +2.2%	1.83%	+0.25
AMG Affiliated Managers Group	Add +9.8%	1.26%	+0.22
PHM Pultegroup Inc.	Add +1.6%	1.57%	+0.21
CAT Caterpillar Inc.	Add +0.4%	1.89%	+0.21
ORLY O'reilly Automotive Inc.	Add +4.0%	1.55%	+0.18
NVDA Nvidia Corp.	Add +0.3%	2.37%	+0.17
WSM Williams-Sonoma Inc.	Add +0.8%	1.89%	+0.17
FLEX Flex Ltd.	Add +4.0%	1.81%	+0.16
VRT Vertiv Holdings Co. Class A	Add +6.8%	1.26%	+0.16
BLD Topbuild Corp.	Add +5.7%	1.08%	+0.15
AZN Astrazeneca PLC-Spons ADR	Add +12.0%	1.05%	+0.11
AEP American Electric Power	Add +13.2%	1.06%	+0.11
RTX RTX Corp.	Add +4.5%	1.32%	+0.11
HCA HCA Healthcare Inc.	Add +4.9%	1.71%	+0.10
ESGU iShares ESG Aware MSCI USA	New	0.08%	+0.08
ORCL Oracle Corp.	New	0.08%	+0.08
PLTR Palantir Technologies Inc. Class A	New	0.07%	+0.07
IBIT iShares Bitcoin Trust ETF	New	0.06%	+0.06
SONY Sony Group Corp. - SP ADR	New	0.06%	+0.06
GOOG Alphabet Inc. Class C	Add +2.5%	0.23%	+0.05
EW Edwards Lifesciences Corp.	Add +14.7%	0.88%	+0.03
EHC Encompass Health Corp.	Add +8.3%	0.95%	+0.02
INTF iShares International Equity	Add +16.6%	0.17%	+0.02
AME Ametek Inc.	Add +7.6%	0.94%	+0.02
MSFT Microsoft Corp.	Add +8.5%	0.55%	+0.01
IVV iShares Core S&P 500 ETF	Add +5.0%	0.31%	+0.01
SCHB Schwab US Broad Market ETF	Add +3.9%	0.40%	+0.01
IUSG iShares Core S&P U.S. Growth	Add +2.6%	0.10%	+0.00
USIG iShares Broad Usd Investment	Add +9.0%	0.23%	+0.00
IJR iShares Core S&P Small-Cap E	Add +1.9%	0.08%	+0.00
PG The Procter & Gamble Co.	Add +14.0%	0.22%	−0.00
SCHG Schwab US Large-Cap Growth	Add +0.1%	0.11%	−0.00
SPY SS SPDR S&P 500 ETF Trust-US	Add +0.3%	0.14%	−0.00
WMT Walmart Inc.	Add +2.1%	0.13%	−0.00
MLPX Global X MLP & Energy Infras	Add +9.6%	1.49%	−0.00
ABT Abbott Laboratories	Add +5.8%	0.10%	−0.01
MUB iShares National Muni Bond E	Add +3.8%	0.17%	−0.01
JPM JPMorgan Chase & Co.	Add +0.5%	1.97%	−0.01
COST Costco Wholesale Corp.	Add +1.7%	0.11%	−0.02
AMZN Amazon.com Inc.	Add +4.4%	0.37%	−0.02
BRK.B Berkshire Hathaway Inc. Class B	Add +1.2%	0.39%	−0.02
NXPI NXP Semiconductors NV	Add +3.2%	0.97%	−0.02

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