Seven Mile Advisory
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Seven Mile Advisory reported 259 stock positions worth $572.8 million. Its top holding was Vanguard Ftse Developed ETF (VEA) at 6.0% of the portfolio, followed by Vanguard Mortgage-Backed Sec (VMBS, 5.0%) and iShares S&P 100 ETF (OEF, 4.4%). Compared with Q3 2025, it opened 21 new positions, sold out of 65, added to 60 and reduced 152. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +3%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −64%).
- Most Recent 13F
- Q2 2026
- Location
- TALLAHASSEE, FL
- CIK
- 0001987932
- Portfolio Value
- $572.8M (Q4 2025)
- SEC Filing
- 0001987932-26-000001 ↗ filed Feb 13, 2026
Holdings Value
Holdings 259 stocks · $572.8M
| VEA Vanguard Ftse Developed ETF | 5.97% | 547,293 | $34.2M | Add +2.8% |
| VMBS Vanguard Mortgage-Backed Sec | 5.00% | 608,490 | $28.6M | Add +7.2% |
| OEF iShares S&P 100 ETF | 4.37% | 73,057 | $25.1M | Add +0.2% |
| DFIV Dimensional International Va | 4.11% | 471,905 | $23.5M | Add +1.8% |
| VTI VG Morningstar TS MKT ETF-US | 4.04% | 69,000 | $23.1M | Add +2.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.71% | 111,154 | $21.2M | Add +3.1% |
| VGSH Vanguard Short-Term Treasury | 3.54% | 345,065 | $20.3M | Add +16.3% |
| NVDA Nvidia Corp. | 3.25% | 99,780 | $18.6M | Reduce -19.2% |
| IEF iShares 7-10 Year Treasury B | 3.16% | 187,941 | $18.1M | Add +5.0% |
| IVV iShares Core S&P 500 ETF | 2.69% | 22,461 | $15.4M | Reduce -4.1% |
| VGIT Vanguard Intermediate-Term T | 2.58% | 247,037 | $14.8M | Add +8.2% |
| GOVT iShares US Treasury Bond ETF | 2.57% | 638,315 | $14.7M | Add +5.8% |
| JMBS Janus Henderson Mortg Backed | 2.20% | 275,386 | $12.6M | Add +7.0% |
| AAPL Apple Inc. | 2.11% | 44,362 | $12.1M | Reduce -24.6% |
| DFAE Dimensional Emerging Core Eq | 2.09% | 367,506 | $12.0M | Add +4.8% |
| DISV Dimensional International SM | 1.95% | 294,510 | $11.2M | Add +0.9% |
| MSFT Microsoft Corp. | 1.90% | 22,479 | $10.9M | Reduce -8.6% |
| AVUV Avantis US Small Cap Value | 1.89% | 106,387 | $10.8M | Add +2.5% |
| DGRW Wisdomtree U.S. Quality Divi | 1.58% | 101,043 | $9.0M | Add +4.1% |
| DFAU Dimensional US Core Equity M | 1.54% | 188,225 | $8.8M | Add +8.5% |
| JSI JH Securitized Income ETF | 1.48% | 163,232 | $8.5M | Add +5.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.37% | 11,533 | $7.9M | Reduce -63.9% |
| PRF Invesco Rafi US 1000 ETF | 1.37% | 166,905 | $7.8M | Add +0.4% |
| AMZN Amazon.com Inc. | 1.30% | 32,210 | $7.4M | Reduce -13.4% |
| JAAA Janus Henderson Aaa Clo ETF | 1.28% | 145,345 | $7.4M | Add +0.6% |
| DFSV Dimensional US Small Cap Val | 1.06% | 184,914 | $6.1M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 1.03% | 18,782 | $5.9M | Reduce -14.2% |
| GOOG Alphabet Inc. Class C | 1.00% | 18,245 | $5.7M | Reduce -12.1% |
| BRW Saba Capital Income & Opport | 1.00% | 816,075 | $5.7M | Add +33.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.96% | 25,997 | $5.5M | Add +0.9% |
| VOO Vanguard S&P 500 ETF | 0.94% | 8,597 | $5.4M | Reduce -29.5% |
| DGS Wisdomtree Em Small Cap | 0.93% | 93,119 | $5.3M | Add +2.1% |
| IWD iShares Russell 1000 Value E | 0.88% | 24,056 | $5.1M | Reduce -20.4% |
| META Meta Platforms Inc. Class A | 0.74% | 6,447 | $4.3M | Reduce -11.4% |
| NUV Nuveen Municipal Value | 0.74% | 466,238 | $4.2M | Reduce -24.7% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.67% | 72,296 | $3.8M | Reduce -28.8% |
| SDHY Pgim SHRT Durat Hi YLD | 0.66% | 229,858 | $3.8M | Add +9.7% |
| MINO PIMCO Municipal Income Oppor | 0.63% | 80,218 | $3.6M | No change |
| MUB iShares National Muni Bond E | 0.59% | 31,422 | $3.4M | No change |
| DFNM Dimensional National Muni BD | 0.56% | 66,526 | $3.2M | No change |
| JPM JPMorgan Chase & Co. | 0.53% | 9,494 | $3.1M | Reduce -16.5% |
| AVGO Broadcom Inc. | 0.51% | 8,442 | $2.9M | Reduce -18.8% |
| VCIT Vanguard Int-Term Corporate | 0.43% | 29,677 | $2.5M | Add +42.3% |
| IJS iShares S&P Small-Cap 600 Va | 0.40% | 20,237 | $2.3M | Add +5.6% |
| TSLA Tesla Inc. | 0.37% | 4,659 | $2.1M | Reduce -14.2% |
| SABA Saba Capital Income & Opp II | 0.35% | 244,179 | $2.0M | Add +0.2% |
| LLY Eli Lilly & Co. | 0.34% | 1,806 | $1.9M | Reduce -0.7% |
| BND Vanguard Total Bond Market | 0.31% | 23,741 | $1.8M | Add +23.1% |
| V Visa Inc. Class A | 0.30% | 4,886 | $1.7M | Reduce -27.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 3,322 | $1.7M | Reduce -17.2% |
| SPE Special Opportunities Fund | 0.28% | 108,416 | $1.6M | Add +2.2% |
| DTF DTF Tax-Free Income 2028 Ter | 0.25% | 126,477 | $1.4M | No change |
| BSV Vanguard Short-Term Bond ETF | 0.25% | 18,008 | $1.4M | Reduce -0.2% |
| MA Mastercard Inc. Class A | 0.25% | 2,469 | $1.4M | Reduce -31.3% |
| PMBS PIMCO MBS Active ETF | 0.25% | 28,272 | $1.4M | New |
| WMT Walmart Inc. | 0.24% | 12,487 | $1.4M | Reduce -29.8% |
| VCRM Vanguard Core Tax-Ex Bond | 0.24% | 18,381 | $1.4M | New |
| EPS Wisdomtree US Large Cap Fund | 0.24% | 19,241 | $1.4M | Add +0.3% |
| JNJ Johnson & Johnson | 0.24% | 6,520 | $1.3M | Reduce -13.8% |
| AXP American Express Co. | 0.23% | 3,556 | $1.3M | Add +16.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 21,896 | $1.2M | Add +11.6% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 21,707 | $1.2M | Reduce -17.7% |
| IVE iShares S&P 500 Value ETF | 0.20% | 5,397 | $1.1M | Reduce -36.7% |
| ORCL Oracle Corp. | 0.19% | 5,618 | $1.1M | Reduce -29.3% |
| VLUE iShares MSCI USA Value Facto | 0.18% | 7,662 | $1.0M | Add +0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.18% | 2,078 | $1.0M | No change |
| PEP Pepsico Inc. | 0.18% | 7,020 | $1.0M | Add +74.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.17% | 3,344 | $991K | Add +7.5% |
| BTT BlackRock 2030 Muni TRGT TRM | 0.17% | 43,303 | $988K | No change |
| XOM Exxon Mobil Corp. | 0.17% | 7,956 | $957K | Reduce -16.4% |
| AMAT Applied Materials Inc. | 0.17% | 3,690 | $948K | Reduce -7.6% |
| DFSE Dimensional Em Sus CORE1 ETF | 0.16% | 22,527 | $934K | Add +6.3% |
| SPGI S&P Global Inc. | 0.16% | 1,744 | $912K | Add +168.3% |
| ITOT iShares Core S&P Total U.S. | 0.15% | 5,949 | $885K | Add +0.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.15% | 1,834 | $881K | Add +51.2% |
| NFLX Netflix Inc. | 0.15% | 9,231 | $866K | Reduce -28.6% |
| WFC Wells Fargo & Co. | 0.15% | 9,281 | $865K | Reduce -7.0% |
| MU Micron Technology Inc. | 0.14% | 2,886 | $824K | Reduce -5.0% |
| SPSB SS SPDR P St C Corp. ETF | 0.14% | 26,450 | $799K | Reduce -48.7% |
| ABBV Abbvie Inc. | 0.14% | 3,466 | $792K | Reduce -38.6% |
| MRK Merck & Co. Inc. | 0.14% | 7,512 | $791K | Add +12.2% |
| HD Home Depot Inc. | 0.14% | 2,293 | $789K | Reduce -13.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.13% | 1 | $755K | No change |
| CSCO Cisco Systems Inc. | 0.13% | 9,729 | $749K | Reduce -8.1% |
| LRCX Lam Research Corp. | 0.13% | 4,322 | $740K | Reduce -16.0% |
| APP AppLovin Corp. Class A | 0.13% | 1,073 | $723K | Reduce -6.9% |
| UNH Unitedhealth Group Inc. | 0.12% | 2,164 | $714K | Add +154.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.12% | 663 | $709K | Reduce -18.4% |
| AMGN Amgen Inc. | 0.12% | 2,077 | $680K | Add +35.0% |
| GLTR Abrdn Precious Metals Basket | 0.12% | 3,300 | $678K | No change |
| CLS Celestica Inc. | 0.11% | 2,210 | $653K | No change |
| PG The Procter & Gamble Co. | 0.11% | 4,337 | $622K | Reduce -16.3% |
| C Citigroup Inc. | 0.11% | 5,215 | $609K | Reduce -4.8% |
| COF Capital One Financial Corp. | 0.10% | 2,476 | $600K | Reduce -5.5% |
| MDY State Street SPDR S&P Midcap | 0.10% | 992 | $598K | Add +44.4% |
| MS Morgan Stanley | 0.10% | 3,362 | $597K | Reduce -22.0% |
| PLTR Palantir Technologies Inc. Class A | 0.10% | 3,285 | $584K | Reduce -15.1% |
| ABT Abbott Laboratories | 0.10% | 4,626 | $580K | Reduce -17.2% |
| CAT Caterpillar Inc. | 0.10% | 1,011 | $579K | Reduce -11.6% |
| VZ Verizon Communications Inc. | 0.10% | 14,095 | $574K | Reduce -8.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $9.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) | 2.75% CNV PFD C | 381,194 | $9.4M | No change |
Total filed on the 13F, all lines: $582.2M.
Portfolio Sells Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -63.9% | 1.37% | −2.12 |
| NVDA Nvidia Corp. | Reduce -19.2% | 3.25% | −0.53 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.46 |
| AAPL Apple Inc. | Reduce -24.6% | 2.11% | −0.35 |
| VOO Vanguard S&P 500 ETF | Reduce -29.5% | 0.94% | −0.28 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.25 |
| IYY iShares Dow Jones U.S. ETF | Sold out | 0.00% | −0.25 |
| SGOV iShares 0-3 Month Treasury B | Reduce -86.9% | 0.04% | −0.24 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -28.8% | 0.67% | −0.21 |
| MSFT Microsoft Corp. | Reduce -8.6% | 1.90% | −0.19 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.19 |
| ORCL Oracle Corp. | Reduce -29.3% | 0.19% | −0.18 |
| NUV Nuveen Municipal Value | Reduce -24.7% | 0.74% | −0.17 |
| META Meta Platforms Inc. Class A | Reduce -11.4% | 0.74% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -58.0% | 0.09% | −0.13 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.13 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.13 |
| IWD iShares Russell 1000 Value E | Reduce -20.4% | 0.88% | −0.13 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -48.7% | 0.14% | −0.12 |
| WULF Terawulf Inc. | Sold out | 0.00% | −0.10 |
| NFLX Netflix Inc. | Reduce -28.6% | 0.15% | −0.10 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.09 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.09 |
| MA Mastercard Inc. Class A | Reduce -31.3% | 0.25% | −0.09 |
| IVE iShares S&P 500 Value ETF | Reduce -36.7% | 0.20% | −0.09 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.08 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.08 |
| V Visa Inc. Class A | Reduce -27.2% | 0.30% | −0.08 |
| ABBV Abbvie Inc. | Reduce -38.6% | 0.14% | −0.08 |
| TOST Toast Inc. Class A | Sold out | 0.00% | −0.08 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.07 |
| FTEC Fidelity MSCI Info Tech Indx | Sold out | 0.00% | −0.07 |
| SHOP Shopify Inc. Class A | Reduce -61.6% | 0.05% | −0.07 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.06 |
| WSM Williams-Sonoma Inc. | Reduce -60.0% | 0.04% | −0.06 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.06 |
| CMCSA Comcast Corp. Class A | Reduce -56.1% | 0.05% | −0.06 |
| WMT Walmart Inc. | Reduce -29.8% | 0.24% | −0.06 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.06 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -59.2% | 0.05% | −0.06 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -16.5% | 0.53% | −0.05 |
| AVGO Broadcom Inc. | Reduce -18.8% | 0.51% | −0.05 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −0.05 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.05 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.05 |
| BBCA JPMorgan Betabuilders Canada | Sold out | 0.00% | −0.05 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.05 |
| SHW The Sherwin-Williams Co. | Sold out | 0.00% | −0.05 |
| GS Goldman Sachs Group Inc. | Reduce -44.3% | 0.09% | −0.05 |
Portfolio Buys Q3 2025 → Q4 2025
| VEA Vanguard Ftse Developed ETF | Add +2.8% | 5.97% | +0.74 |
| VGSH Vanguard Short-Term Treasury | Add +16.3% | 3.54% | +0.67 |
| VMBS Vanguard Mortgage-Backed Sec | Add +7.2% | 5.00% | +0.63 |
| DFIV Dimensional International Va | Add +1.8% | 4.11% | +0.61 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.7% | 4.04% | +0.42 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +3.1% | 3.71% | +0.41 |
| OEF iShares S&P 100 ETF | Add +0.2% | 4.37% | +0.40 |
| VGIT Vanguard Intermediate-Term T | Add +8.2% | 2.58% | +0.34 |
| IEF iShares 7-10 Year Treasury B | Add +5.0% | 3.16% | +0.32 |
| GOVT iShares US Treasury Bond ETF | Add +5.8% | 2.57% | +0.28 |
| DFAE Dimensional Emerging Core Eq | Add +4.8% | 2.09% | +0.28 |
| JMBS Janus Henderson Mortg Backed | Add +7.0% | 2.20% | +0.27 |
| DISV Dimensional International SM | Add +0.9% | 1.95% | +0.25 |
| PMBS PIMCO MBS Active ETF | New | 0.25% | +0.25 |
| VCRM Vanguard Core Tax-Ex Bond | New | 0.24% | +0.24 |
| DFAU Dimensional US Core Equity M | Add +8.5% | 1.54% | +0.24 |
| BRW Saba Capital Income & Opport | Add +33.9% | 1.00% | +0.22 |
| AVUV Avantis US Small Cap Value | Add +2.5% | 1.89% | +0.20 |
| DGRW Wisdomtree U.S. Quality Divi | Add +4.1% | 1.58% | +0.16 |
| JSI JH Securitized Income ETF | Add +5.8% | 1.48% | +0.16 |
| VCIT Vanguard Int-Term Corporate | Add +42.3% | 0.43% | +0.15 |
| PRF Invesco Rafi US 1000 ETF | Add +0.4% | 1.37% | +0.14 |
| SPGI S&P Global Inc. | Add +168.3% | 0.16% | +0.11 |
| SDHY Pgim SHRT Durat Hi YLD | Add +9.7% | 0.66% | +0.09 |
| PEP Pepsico Inc. | Add +74.8% | 0.18% | +0.08 |
| JAAA Janus Henderson Aaa Clo ETF | Add +0.6% | 1.28% | +0.08 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.9% | 0.96% | +0.08 |
| DGS Wisdomtree Em Small Cap | Add +2.1% | 0.93% | +0.08 |
| UNH Unitedhealth Group Inc. | Add +154.9% | 0.12% | +0.08 |
| BND Vanguard Total Bond Market | Add +23.1% | 0.31% | +0.07 |
| AZN Astrazeneca PLC | New | 0.07% | +0.07 |
| AXP American Express Co. | Add +16.1% | 0.23% | +0.06 |
| DIA SS SPDR Dow Jones Indus Avg | Add +51.2% | 0.15% | +0.06 |
| IJS iShares S&P Small-Cap 600 Va | Add +5.6% | 0.40% | +0.05 |
| YUM Yum! Brands Inc. | New | 0.05% | +0.05 |
| PSX Phillips 66 | New | 0.05% | +0.05 |
| AMGN Amgen Inc. | Add +35.0% | 0.12% | +0.05 |
| WDC Western Digital Corp. | New | 0.05% | +0.05 |
| MRK Merck & Co. Inc. | Add +12.2% | 0.14% | +0.05 |
| BAC Bank of America Corp. | Add +11.6% | 0.21% | +0.04 |
| REGN Regeneron Pharmaceuticals | New | 0.04% | +0.04 |
| FCX Freeport-McMoran Inc. | New | 0.04% | +0.04 |
| RGEN Repligen Corp. | New | 0.04% | +0.04 |
| TIGO Millicom Intl Cellular S.A. | New | 0.04% | +0.04 |
| GSK GSK PLC-Spon ADR | New | 0.04% | +0.04 |
| GLD SPDR Gold Shares | New | 0.04% | +0.04 |
| MDY State Street SPDR S&P Midcap | Add +44.4% | 0.10% | +0.04 |
| CTSH Cognizant Tech Solutions-A | New | 0.04% | +0.04 |
| GWW WW Grainger Inc. | New | 0.04% | +0.04 |
| UTHR United Therapeutics Corp. | New | 0.04% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 158 | $148.9M | NVDA, DFAE, SPY, VOO, AAPL |
| Q1 2026 | 182 | $138.6M | NVDA, SPY, DFAE, AAPL, VOO |
| Q4 2025 | 259 | $572.8M | VEA, VMBS, OEF, DFIV, VTI |
| Q3 2025 | 303 | $609.9M | VEA, VMBS, OEF, NVDA, VTI |
| Q2 2025 | 180 | $166.3M | SPY, NVDA, AAPL, MSFT, VOO |
| Q1 2025 | 175 | $149.8M | SPY, NVDA, AAPL, VOO, MSFT |
| Q4 2024 | 167 | $156.8M | SPY, NVDA, AAPL, AMZN, MSFT |
| Q3 2024 | 172 | $151.2M | SPY, NVDA, AAPL, MSFT, VOO |
| Q2 2024 | 154 | $136.0M | SPY, NVDA, AAPL, MSFT, VOO |
| Q1 2024 | 158 | $131.8M | SPY, NVDA, MSFT, AAPL, VOO |