Second Line Capital, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 16, 2024), Second Line Capital, LLC reported 115 stock positions worth $326.9 million. Its top holding was Aptus Collared Invest Opp (ACIO) at 12.3% of the portfolio, followed by Aptus Defined Risk ETF (DRSK, 9.2%) and Aptus Intl Enhan YLD ETF (IDUB, 6.6%). Compared with Q1 2024, it opened 17 new positions, sold out of 16, added to 58 and reduced 34. The biggest buy was a new position in Mara (MARA) and the biggest sale an exit from Crocs (CROX).
- Most Recent 13F
- Q2 2026
- Location
- METAIRIE, LA
- CIK
- 0001992879
- Portfolio Value
- $326.9M (Q2 2024)
- SEC Filing
- 0001992879-24-000004 ↗ filed Aug 16, 2024
Holdings Value
Holdings 115 stocks · $326.9M
| ACIO Aptus Collared Invest Opp | 12.35% | 1,072,533 | $40.4M | Add +6.2% |
| DRSK Aptus Defined Risk ETF | 9.20% | 1,112,820 | $30.1M | Add +7.5% |
| IDUB Aptus Intl Enhan YLD ETF | 6.59% | 1,047,686 | $21.5M | Add +9.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 5.42% | 504,640 | $17.7M | Add +4.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.20% | 31,118 | $17.0M | Add +2.4% |
| ADME Aptus Drwdwn MGD Eqty ETF | 5.06% | 377,868 | $16.5M | Add +6.0% |
| OSCV Opus Small Cap Value ETF | 4.95% | 469,268 | $16.2M | Add +6.9% |
| JUCY Aptus Enhanced Yield ETF | 4.91% | 694,170 | $16.1M | Add +6.4% |
| RSP Invesco S&P 500 Equal Weight | 3.02% | 60,022 | $9.9M | Add +7.2% |
| DUBS Aptus LRG Cap Enh YLD ETF | 2.70% | 291,061 | $8.8M | Add +9.2% |
| SPEM State Street SP PTF Em ETF | 2.35% | 203,959 | $7.7M | Add +4.5% |
| MSFT Microsoft Corp. | 1.94% | 14,186 | $6.3M | Add +28.3% |
| AAPL Apple Inc. | 1.56% | 24,172 | $5.1M | Add +5.6% |
| XOM Exxon Mobil Corp. | 1.54% | 43,755 | $5.0M | Add +44.2% |
| JPM JPMorgan Chase & Co. | 1.32% | 21,405 | $4.3M | Add +8.9% |
| META Meta Platforms Inc. Class A | 1.28% | 8,274 | $4.2M | Reduce -8.3% |
| MARA Mara Holdings Inc. filed as MARATHON DIGITAL HOLDINGS IN | 1.24% | 204,510 | $4.1M | New |
| BKAG BNY Mellon Core Bond ETF | 1.10% | 87,165 | $3.6M | Add +10.5% |
| AVGO Broadcom Inc. | 1.08% | 2,198 | $3.5M | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 1.04% | 18,609 | $3.4M | Add +1.6% |
| WMT Walmart Inc. | 0.91% | 43,836 | $3.0M | Add +4.5% |
| APP AppLovin Corp. Class A | 0.85% | 33,313 | $2.8M | New |
| FANG Diamondback Energy Inc. | 0.83% | 13,484 | $2.7M | Add +2.3% |
| GCT Gigacloud Technology Inc. Class A | 0.81% | 87,452 | $2.7M | New |
| CVX Chevron Corp. | 0.81% | 16,889 | $2.6M | Reduce -14.9% |
| PGR Progressive Corp. | 0.80% | 12,631 | $2.6M | Add +3.4% |
| CPRT Copart Inc. | 0.78% | 47,335 | $2.6M | Add +4.0% |
| ADBE Adobe Inc. | 0.77% | 4,505 | $2.5M | Add +9.8% |
| NVDA Nvidia Corp. | 0.75% | 19,780 | $2.4M | Reduce -1.8% |
| UNH Unitedhealth Group Inc. | 0.75% | 4,798 | $2.4M | Add +9.1% |
| V Visa Inc. Class A | 0.74% | 9,194 | $2.4M | Add +9.7% |
| ROP Roper Technologies Inc. | 0.73% | 4,249 | $2.4M | Add +6.9% |
| BR Broadridge Financial Solutio | 0.72% | 11,945 | $2.4M | Add +5.9% |
| AMT American Tower Corp. | 0.70% | 11,718 | $2.3M | Add +8.3% |
| MTZ Mastec Inc. | 0.70% | 21,272 | $2.3M | Reduce -29.1% |
| SKX Skechers USA Inc. Class A | 0.68% | 32,325 | $2.2M | Reduce -25.0% |
| ON On Semiconductor | 0.67% | 32,136 | $2.2M | New |
| CHE Chemed Corp. | 0.65% | 3,925 | $2.1M | Add +7.6% |
| VOO Vanguard S&P 500 ETF | 0.64% | 4,189 | $2.1M | Reduce -0.6% |
| OCUL Ocular Therapeutix Inc. | 0.55% | 262,810 | $1.8M | New |
| AMZN Amazon.com Inc. | 0.50% | 8,512 | $1.6M | Add +12.9% |
| SOFI Sofi Technologies Inc. | 0.49% | 244,446 | $1.6M | Add +1.3% |
| NXH Neighborhood Intelligence Inc. filed as BEYOND INC | 0.48% | 120,857 | $1.6M | New |
| HD Home Depot Inc. | 0.48% | 4,535 | $1.6M | Add +23.7% |
| TSLA Tesla Inc. | 0.48% | 7,869 | $1.6M | Reduce -1.0% |
| VKTX Viking Therapeutics Inc. | 0.46% | 28,419 | $1.5M | New |
| XSCDX LMP Capital and Income Fund | 0.35% | 74,400 | $1.2M | No change |
| ARCC Ares Capital Corp. | 0.34% | 53,727 | $1.1M | Reduce -3.1% |
| LOW Lowe's Cos Inc. | 0.32% | 4,814 | $1.1M | Add +43.4% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.30% | 18,976 | $973K | Reduce -15.0% |
| MGM MGM Resorts International | 0.28% | 20,962 | $932K | Reduce -51.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.28% | 1,894 | $908K | Add +99.2% |
| SO The Southern Co. | 0.27% | 11,171 | $867K | Add +35.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.26% | 2,076 | $845K | Add +5.5% |
| FUBO Fubotv Inc. | 0.20% | 536,413 | $665K | Reduce -1.3% |
| JNJ Johnson & Johnson | 0.19% | 4,272 | $624K | Add +36.1% |
| T AT&T Inc. | 0.19% | 32,115 | $614K | Add +41.0% |
| MRK Merck & Co. Inc. | 0.18% | 4,634 | $577K | Add +20.0% |
| COP Conocophillips | 0.17% | 4,856 | $555K | Add +125.0% |
| PDT John Hancock Prem DVD FND | 0.17% | 46,377 | $546K | Add +11.6% |
| ORCL Oracle Corp. | 0.16% | 3,758 | $531K | New |
| XLV SS Health Care Select Sector | 0.16% | 3,583 | $522K | Reduce -23.3% |
| KO The Coca-Cola Co. | 0.15% | 7,810 | $501K | Add +18.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.15% | 11,638 | $483K | Reduce -9.2% |
| GLD SPDR Gold Shares | 0.14% | 2,145 | $461K | Reduce -18.9% |
| PG The Procter & Gamble Co. | 0.14% | 2,791 | $460K | Add +27.2% |
| FSK FS KKR Capital Corp. | 0.14% | 22,210 | $454K | Reduce -1.8% |
| BP BP PLC-Spons ADR | 0.14% | 12,351 | $446K | Add +59.2% |
| AZO AutoZone Inc. | 0.14% | 150 | $445K | Reduce -0.7% |
| PSX Phillips 66 | 0.13% | 3,091 | $436K | Add +88.3% |
| LGLV SPDR US LC Low Vol Idx | 0.13% | 2,814 | $429K | Reduce -16.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.12% | 1,091 | $408K | Reduce -1.8% |
| VZ Verizon Communications Inc. | 0.12% | 9,811 | $405K | Add +44.4% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.11% | 4,191 | $360K | Reduce -23.1% |
| ET Energy Transfer LP | 0.11% | 21,867 | $355K | Add +1.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.10% | 3,701 | $340K | Reduce -17.1% |
| AR Antero Resources Corp. | 0.10% | 10,375 | $339K | Reduce -23.0% |
| VGT Vanguard Info Tech ETF | 0.10% | 580 | $335K | No change |
| XLK SS Technology Select Sector | 0.10% | 1,457 | $330K | Reduce -0.9% |
| CL Colgate-Palmolive Co. | 0.10% | 3,352 | $325K | Add +36.7% |
| PSA Public Storage | 0.10% | 1,124 | $323K | Add +0.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.10% | 4,601 | $314K | Reduce -20.5% |
| SDY SS SPDR S&P Dividend ETF | 0.09% | 2,303 | $293K | Reduce -29.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.09% | 757 | $290K | Reduce -0.8% |
| IGRO iShares Intl Div Growth ETF | 0.08% | 4,008 | $270K | Add +0.0% |
| ROK Rockwell Automation Inc. | 0.08% | 963 | $265K | Add +5.1% |
| XLF SS Financial Select Sector | 0.08% | 6,358 | $261K | Reduce -8.3% |
| LIN Linde PLC | 0.08% | 589 | $258K | Add +0.2% |
| IDEV iShares Core MSCI Dev MKTS | 0.08% | 3,928 | $258K | Add +1.7% |
| AB Alliancebernstein Holding LP | 0.08% | 7,464 | $252K | Add +24.0% |
| POOL Pool Corp. | 0.08% | 814 | $250K | Reduce -17.6% |
| PII Polaris Inc. | 0.08% | 3,150 | $247K | No change |
| ISRG Intuitive Surgical Inc. | 0.08% | 554 | $246K | Reduce -5.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 1,406 | $243K | Add +5.5% |
| MO Altria Group Inc. | 0.07% | 5,175 | $240K | New |
| AMD Advanced Micro Devices | 0.07% | 1,472 | $239K | Reduce -10.6% |
| HON Honeywell International Inc. | 0.07% | 1,117 | $239K | New |
| AM Antero Midstream Corp. | 0.07% | 15,380 | $227K | No change |
| THQ Abrdn Healthcare Opport | 0.07% | 11,048 | $225K | New |
| WM Waste Management Inc. | 0.07% | 1,054 | $225K | New |
Portfolio Sells Q1 2024 → Q2 2024
| CROX Crocs Inc. | Sold out | 0.00% | −1.38 |
| OGN Organon & Co. | Sold out | 0.00% | −1.17 |
| CZR Caesars Entertainment Inc. | Sold out | 0.00% | −1.08 |
| ALB Albemarle Corp. | Sold out | 0.00% | −1.01 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.73 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −0.57 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.52 |
| MGM MGM Resorts International | Reduce -51.8% | 0.28% | −0.38 |
| MTZ Mastec Inc. | Reduce -29.1% | 0.70% | −0.21 |
| CVX Chevron Corp. | Reduce -14.9% | 0.81% | −0.21 |
| SKX Skechers USA Inc. Class A | Reduce -25.0% | 0.68% | −0.17 |
| META Meta Platforms Inc. Class A | Reduce -8.3% | 1.28% | −0.14 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.10 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -15.0% | 0.30% | −0.09 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.08 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.08 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.08 |
| FUBO Fubotv Inc. | Reduce -1.3% | 0.20% | −0.07 |
| INTC Intel Corp. | Sold out | 0.00% | −0.07 |
| SPTI SS SPDR P Int Term TSY ETF | Sold out | 0.00% | −0.07 |
| SPLV Invesco S&P 500 Low Volatili | Sold out | 0.00% | −0.07 |
| IP International Paper Co. | Sold out | 0.00% | −0.07 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.07 |
| XLV SS Health Care Select Sector | Reduce -23.3% | 0.16% | −0.06 |
| POOL Pool Corp. | Reduce -17.6% | 0.08% | −0.05 |
| SDY SS SPDR S&P Dividend ETF | Reduce -29.1% | 0.09% | −0.05 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -23.1% | 0.11% | −0.04 |
| LGLV SPDR US LC Low Vol Idx | Reduce -16.4% | 0.13% | −0.04 |
| GLD SPDR Gold Shares | Reduce -18.9% | 0.14% | −0.04 |
| XLRE SS Real Estate Select Sector | Reduce -28.5% | 0.06% | −0.03 |
| ARCC Ares Capital Corp. | Reduce -3.1% | 0.34% | −0.03 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -9.2% | 0.15% | −0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -17.1% | 0.10% | −0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -20.5% | 0.10% | −0.03 |
| AMD Advanced Micro Devices | Reduce -10.6% | 0.07% | −0.02 |
| AR Antero Resources Corp. | Reduce -23.0% | 0.10% | −0.02 |
| XAR SS SPDR S&P Aerospace Def | Reduce -21.3% | 0.06% | −0.02 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -21.3% | 0.06% | −0.02 |
| AZO AutoZone Inc. | Reduce -0.7% | 0.14% | −0.02 |
| XLF SS Financial Select Sector | Reduce -8.3% | 0.08% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -0.6% | 0.64% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.4% | 0.07% | −0.01 |
| FSK FS KKR Capital Corp. | Reduce -1.8% | 0.14% | −0.01 |
| AMARIN CORP PLC | Reduce -0.2% | 0.00% | −0.00 |
| ISRG Intuitive Surgical Inc. | Reduce -5.3% | 0.08% | −0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.8% | 0.12% | +0.00 |
| XLK SS Technology Select Sector | Reduce -0.9% | 0.10% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.8% | 0.09% | +0.01 |
| TSLA Tesla Inc. | Reduce -1.0% | 0.48% | +0.02 |
| NVDA Nvidia Corp. | Reduce -1.8% | 0.75% | +0.16 |
Portfolio Buys Q1 2024 → Q2 2024
| MARA Mara Holdings Inc. | New | 1.24% | +1.24 |
| APP AppLovin Corp. Class A | New | 0.85% | +0.85 |
| GCT Gigacloud Technology Inc. Class A | New | 0.81% | +0.81 |
| ON On Semiconductor | New | 0.67% | +0.67 |
| OCUL Ocular Therapeutix Inc. | New | 0.55% | +0.55 |
| ACIO Aptus Collared Invest Opp | Add +6.2% | 12.35% | +0.55 |
| NXH Neighborhood Intelligence Inc. | New | 0.48% | +0.48 |
| VKTX Viking Therapeutics Inc. | New | 0.46% | +0.46 |
| MSFT Microsoft Corp. | Add +28.3% | 1.94% | +0.43 |
| XOM Exxon Mobil Corp. | Add +44.2% | 1.54% | +0.40 |
| AAPL Apple Inc. | Add +5.6% | 1.56% | +0.28 |
| DRSK Aptus Defined Risk ETF | Add +7.5% | 9.20% | +0.25 |
| ADME Aptus Drwdwn MGD Eqty ETF | Add +6.0% | 5.06% | +0.20 |
| DUBS Aptus LRG Cap Enh YLD ETF | Add +9.2% | 2.70% | +0.17 |
| AVGO Broadcom Inc. | Add +4.5% | 1.08% | +0.17 |
| ORCL Oracle Corp. | New | 0.16% | +0.16 |
| QQQ Invesco QQQ Trust Series 1 | Add +99.2% | 0.28% | +0.14 |
| GOOGL Alphabet Inc. Class A | Add +1.6% | 1.04% | +0.14 |
| IDUB Aptus Intl Enhan YLD ETF | Add +9.2% | 6.59% | +0.12 |
| ADBE Adobe Inc. | Add +9.8% | 0.77% | +0.09 |
| WMT Walmart Inc. | Add +4.5% | 0.91% | +0.09 |
| COP Conocophillips | Add +125.0% | 0.17% | +0.08 |
| MO Altria Group Inc. | New | 0.07% | +0.07 |
| HON Honeywell International Inc. | New | 0.07% | +0.07 |
| SO The Southern Co. | Add +35.0% | 0.27% | +0.07 |
| THQ Abrdn Healthcare Opport | New | 0.07% | +0.07 |
| WM Waste Management Inc. | New | 0.07% | +0.07 |
| MCD McDonald's Corp. | New | 0.07% | +0.07 |
| CMCSA Comcast Corp. Class A | New | 0.07% | +0.07 |
| NEE Nextera Energy Inc. | New | 0.06% | +0.06 |
| KMI Kinder Morgan Inc. | New | 0.06% | +0.06 |
| AMZN Amazon.com Inc. | Add +12.9% | 0.50% | +0.06 |
| SPEM State Street SP PTF Em ETF | Add +4.5% | 2.35% | +0.06 |
| T AT&T Inc. | Add +41.0% | 0.19% | +0.06 |
| F Ford Motor Co. | New | 0.05% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +8.9% | 1.32% | +0.05 |
| LOW Lowe's Cos Inc. | Add +43.4% | 0.32% | +0.05 |
| PSX Phillips 66 | Add +88.3% | 0.13% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +9.1% | 0.75% | +0.04 |
| BP BP PLC-Spons ADR | Add +59.2% | 0.14% | +0.04 |
| BKAG BNY Mellon Core Bond ETF | Add +10.5% | 1.10% | +0.03 |
| VZ Verizon Communications Inc. | Add +44.4% | 0.12% | +0.03 |
| JNJ Johnson & Johnson | Add +36.1% | 0.19% | +0.03 |
| CL Colgate-Palmolive Co. | Add +36.7% | 0.10% | +0.03 |
| PG The Procter & Gamble Co. | Add +27.2% | 0.14% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.4% | 5.20% | +0.03 |
| KO The Coca-Cola Co. | Add +18.5% | 0.15% | +0.02 |
| HD Home Depot Inc. | Add +23.7% | 0.48% | +0.02 |
| MRK Merck & Co. Inc. | Add +20.0% | 0.18% | +0.01 |
| PDT John Hancock Prem DVD FND | Add +11.6% | 0.17% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 173 | $537.0M | ACIO, DRSK, IDUB, SPY, SPDW |
| Q1 2026 | 185 | $528.0M | ACIO, DRSK, IDUB, SPY, SPDW |
| Q4 2025 | 166 | $486.6M | ACIO, DRSK, IDUB, SPDW, ADME |
| Q3 2025 | 160 | $483.1M | ACIO, DRSK, IDUB, SPDW, ADME |
| Q2 2025 | 149 | $430.4M | ACIO, DRSK, IDUB, SPDW, ADME |
| Q1 2025 | 145 | $388.1M | ACIO, DRSK, IDUB, SPDW, ADME |
| Q4 2024 | 131 | $370.9M | ACIO, DRSK, IDUB, SPY, ADME |
| Q3 2024 | 136 | $366.9M | ACIO, DRSK, IDUB, SPDW, SPY |
| Q2 2024 | 115 | $326.9M | ACIO, DRSK, IDUB, SPDW, SPY |
| Q1 2024 | 114 | $308.3M | ACIO, DRSK, IDUB, SPDW, SPY |