Spahn Wealth & Retirement LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Spahn Wealth & Retirement LLC reported 37 stock positions worth $168.7 million. Its top holding was Ishr Ibx Usd Invgd CB ETF-Ui (LQD) at 10.7% of the portfolio, followed by Nvidia (NVDA, 10.3%) and Citigroup (C, 5.8%). Compared with Q2 2025, it opened 4 new positions, sold out of 1, added to 2 and reduced 26. The biggest buy was a new position in Interactive Brokers Gro Class A (IBKR) and the biggest sale an exit from Intuitive Surgical (ISRG).
- Most Recent 13F
- Q2 2026
- Location
- SCOTTSDALE, AZ
- CIK
- 0001949033
- Portfolio Value
- $168.7M (Q3 2025)
- SEC Filing
- 0001949033-25-000003 ↗ filed Nov 14, 2025
Holdings Value
Holdings 37 stocks · $168.7M
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 10.74% | 162,486 | $18.1M | Reduce -2.0% |
| NVDA Nvidia Corp. | 10.26% | 92,815 | $17.3M | Reduce -3.4% |
| C Citigroup Inc. | 5.77% | 95,966 | $9.7M | Reduce -4.7% |
| MSTR Strategy Inc. | 5.02% | 19,223 | $8.5M | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 4.81% | 33,302 | $8.1M | Reduce -4.7% |
| META Meta Platforms Inc. Class A | 4.59% | 10,544 | $7.7M | Reduce -2.2% |
| PANW Palo Alto Networks Inc. | 4.03% | 33,400 | $6.8M | Reduce -2.3% |
| ANET Arista Networks Inc. | 3.96% | 45,880 | $6.7M | Reduce -4.7% |
| HOOD Robinhood Markets Inc. Class A | 3.89% | 45,872 | $6.6M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 3.85% | 29,557 | $6.5M | Reduce -3.1% |
| AAPL Apple Inc. | 3.75% | 24,873 | $6.3M | Reduce -1.8% |
| NFLX Netflix Inc. | 3.75% | 5,280 | $6.3M | Reduce -1.8% |
| IWM iShares Russell 2000 ETF | 3.33% | 23,237 | $5.6M | Reduce -5.0% |
| MSFT Microsoft Corp. | 3.31% | 10,776 | $5.6M | Reduce -2.0% |
| MELI MercadoLibre Inc. | 2.71% | 1,960 | $4.6M | Reduce -1.8% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 2.62% | 54,457 | $4.4M | Reduce -2.9% |
| SPOT Spotify Technology SA | 2.59% | 6,267 | $4.4M | Reduce -1.6% |
| PLTR Palantir Technologies Inc. Class A | 2.58% | 23,826 | $4.3M | Reduce -2.1% |
| JPM JPMorgan Chase & Co. | 2.12% | 11,358 | $3.6M | Reduce -2.1% |
| IBKR Interactive Brokers Gro Class A | 2.03% | 49,845 | $3.4M | New |
| CDNS Cadence Design SYS Inc. | 2.01% | 9,631 | $3.4M | Reduce -2.4% |
| BTC Grayscale Bitcoin Mini ETF | 1.88% | 62,736 | $3.2M | Reduce -2.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.87% | 61,260 | $3.2M | Reduce -6.7% |
| AXON Axon Enterprise Inc. | 1.73% | 4,078 | $2.9M | Reduce -1.0% |
| ETH Grayscale Ethereum Staking M | 1.44% | 61,936 | $2.4M | New |
| HD Home Depot Inc. | 1.21% | 5,058 | $2.0M | No change |
| COIN Coinbase Global Inc. Class A | 1.14% | 5,706 | $1.9M | Add +17.9% |
| SHOP Shopify Inc. Class A | 0.71% | 8,042 | $1.2M | Reduce -0.2% |
| JEPI JPMorgan Equity Premium Inco | 0.38% | 11,275 | $644K | No change |
| BKNG Booking Holdings Inc. | 0.37% | 115 | $621K | Reduce -3.4% |
| AXP American Express Co. | 0.30% | 1,500 | $498K | Add +88.7% |
| LPLA LPL Financial Holdings Inc. | 0.27% | 1,386 | $461K | No change |
| WMT Walmart Inc. | 0.25% | 4,098 | $422K | No change |
| AMP Ameriprise Financial Inc. | 0.23% | 795 | $391K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 634 | $319K | Reduce -4.5% |
| LEN Lennar Corp. Class A | 0.14% | 1,915 | $241K | No change |
| APO Apollo Global Management Inc. | 0.13% | 1,700 | $227K | New |
Portfolio Sells Q2 2025 → Q3 2025
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −3.35 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -2.0% | 10.74% | −0.96 |
| NFLX Netflix Inc. | Reduce -1.8% | 3.75% | −0.88 |
| MELI MercadoLibre Inc. | Reduce -1.8% | 2.71% | −0.64 |
| SPOT Spotify Technology SA | Reduce -1.6% | 2.59% | −0.55 |
| META Meta Platforms Inc. Class A | Reduce -2.2% | 4.59% | −0.53 |
| PANW Palo Alto Networks Inc. | Reduce -2.3% | 4.03% | −0.47 |
| AMZN Amazon.com Inc. | Reduce -3.1% | 3.85% | −0.46 |
| AXON Axon Enterprise Inc. | Reduce -1.0% | 1.73% | −0.46 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -2.9% | 2.62% | −0.29 |
| MSFT Microsoft Corp. | Reduce -2.0% | 3.31% | −0.21 |
| BAC Bank of America Corp. | Reduce -6.7% | 1.87% | −0.13 |
| BTC Grayscale Bitcoin Mini ETF | Reduce -2.0% | 1.88% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -3.4% | 0.37% | −0.07 |
| IWM iShares Russell 2000 ETF | Reduce -5.0% | 3.33% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -2.1% | 2.12% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.5% | 0.19% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -2.4% | 2.01% | +0.05 |
| SHOP Shopify Inc. Class A | Reduce -0.2% | 0.71% | +0.11 |
| C Citigroup Inc. | Reduce -4.7% | 5.77% | +0.26 |
| AAPL Apple Inc. | Reduce -1.8% | 3.75% | +0.41 |
| PLTR Palantir Technologies Inc. Class A | Reduce -2.1% | 2.58% | +0.44 |
| NVDA Nvidia Corp. | Reduce -3.4% | 10.26% | +0.50 |
| ANET Arista Networks Inc. | Reduce -4.7% | 3.96% | +0.80 |
| GOOG Alphabet Inc. Class C | Reduce -4.7% | 4.81% | +0.82 |
| MSTR Strategy Inc. | Reduce -3.8% | 5.02% | +0.89 |
| HOOD Robinhood Markets Inc. Class A | Reduce -2.3% | 3.89% | +1.07 |
Portfolio Buys Q2 2025 → Q3 2025
| IBKR Interactive Brokers Gro Class A | New | 2.03% | +2.03 |
| ETH Grayscale Ethereum Staking M | New | 1.44% | +1.44 |
| AMP Ameriprise Financial Inc. | New | 0.23% | +0.23 |
| APO Apollo Global Management Inc. | New | 0.13% | +0.13 |
| COIN Coinbase Global Inc. Class A | Add +17.9% | 1.14% | +0.05 |
| AXP American Express Co. | Add +88.7% | 0.30% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 38 | $155.4M | LQD, BOXX, GRNY, QQQ, IWM |
| Q1 2026 | 25 | $78.6M | NVDA, TSLA, IWM, GOOG, AAPL |
| Q4 2025 | 37 | $161.2M | LQD, NVDA, C, GOOG, TSLA |
| Q3 2025 | 37 | $168.7M | LQD, NVDA, C, MSTR, GOOG |
| Q2 2025 | 34 | $155.5M | LQD, NVDA, C, META, NFLX |
| Q1 2025 | 33 | $136.2M | LQD, NVDA, IWM, C, META |
| Q4 2024 | 31 | $152.5M | LQD, IWM, NVDA, AXON, TSLA |