Spahn Wealth & Retirement LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Spahn Wealth & Retirement LLC reported 37 stock positions worth $161.2 million. Its top holding was Ishr Ibx Usd Invgd CB ETF-Ui (LQD) at 11.3% of the portfolio, followed by Nvidia (NVDA, 10.7%) and Citigroup (C, 6.9%). Compared with Q3 2025, it opened 3 new positions, sold out of 3, added to 14 and reduced 15. The biggest buy was a new position in Tesla (TSLA) and the biggest sale an exit from Strategy (MSTR).
- Most Recent 13F
- Q2 2026
- Location
- SCOTTSDALE, AZ
- CIK
- 0001949033
- Portfolio Value
- $161.2M (Q4 2025)
- SEC Filing
- 0001949033-26-000001 ↗ filed Feb 13, 2026
Holdings Value
Holdings 37 stocks · $161.2M
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 11.29% | 165,102 | $18.2M | Add +1.6% |
| NVDA Nvidia Corp. | 10.66% | 92,156 | $17.2M | Reduce -0.7% |
| C Citigroup Inc. | 6.89% | 95,188 | $11.1M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 6.41% | 32,923 | $10.3M | Reduce -1.1% |
| TSLA Tesla Inc. | 5.17% | 18,514 | $8.3M | New |
| META Meta Platforms Inc. Class A | 4.34% | 10,606 | $7.0M | Add +0.6% |
| AMZN Amazon.com Inc. | 4.21% | 29,373 | $6.8M | Reduce -0.6% |
| AAPL Apple Inc. | 4.18% | 24,756 | $6.7M | Reduce -0.5% |
| PANW Palo Alto Networks Inc. | 3.84% | 33,616 | $6.2M | Add +0.7% |
| ANET Arista Networks Inc. | 3.69% | 45,389 | $5.9M | Reduce -1.1% |
| IWM iShares Russell 2000 ETF | 3.58% | 23,445 | $5.8M | Add +0.9% |
| MSFT Microsoft Corp. | 3.28% | 10,917 | $5.3M | Add +1.3% |
| HOOD Robinhood Markets Inc. Class A | 3.24% | 46,173 | $5.2M | Add +0.7% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 2.76% | 55,213 | $4.5M | Add +1.4% |
| NFLX Netflix Inc. | 2.71% | 46,600 | $4.4M | Reduce -11.7% |
| PLTR Palantir Technologies Inc. Class A | 2.66% | 24,137 | $4.3M | Add +1.3% |
| JPM JPMorgan Chase & Co. | 2.30% | 11,521 | $3.7M | Add +1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.12% | 62,144 | $3.4M | Add +1.4% |
| MELI MercadoLibre Inc. | 2.10% | 1,679 | $3.4M | Reduce -14.3% |
| IBKR Interactive Brokers Gro Class A | 2.02% | 50,662 | $3.3M | Add +1.6% |
| SPOT Spotify Technology SA | 1.93% | 5,363 | $3.1M | Reduce -14.4% |
| CDNS Cadence Design SYS Inc. | 1.90% | 9,785 | $3.1M | Add +1.6% |
| AXON Axon Enterprise Inc. | 1.46% | 4,154 | $2.4M | Add +1.9% |
| BTC Grayscale Bitcoin Mini ETF | 1.28% | 53,398 | $2.1M | Reduce -14.9% |
| HD Home Depot Inc. | 1.08% | 5,058 | $1.7M | No change |
| ETH Grayscale Ethereum Staking M | 0.92% | 52,816 | $1.5M | Reduce -14.7% |
| SHOP Shopify Inc. Class A | 0.83% | 8,355 | $1.3M | Add +3.9% |
| COIN Coinbase Global Inc. Class A | 0.70% | 4,968 | $1.1M | Reduce -12.9% |
| JPIE JPMorgan Income ETF | 0.40% | 11,275 | $645K | New |
| BKNG Booking Holdings Inc. | 0.38% | 113 | $605K | Reduce -1.7% |
| AXP American Express Co. | 0.34% | 1,488 | $550K | Reduce -0.8% |
| LPLA LPL Financial Holdings Inc. | 0.31% | 1,386 | $495K | No change |
| WMT Walmart Inc. | 0.28% | 4,098 | $457K | No change |
| AMP Ameriprise Financial Inc. | 0.24% | 795 | $390K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 630 | $317K | Reduce -0.6% |
| APO Apollo Global Management Inc. | 0.15% | 1,700 | $246K | No change |
| RL Ralph Lauren Corp. | 0.13% | 600 | $212K | New |
Portfolio Sells Q3 2025 → Q4 2025
| MSTR Strategy Inc. | Sold out | 0.00% | −5.02 |
| NFLX Netflix Inc. | Reduce -11.7% | 2.71% | −1.04 |
| SPOT Spotify Technology SA | Reduce -14.4% | 1.93% | −0.66 |
| MELI MercadoLibre Inc. | Reduce -14.3% | 2.10% | −0.62 |
| BTC Grayscale Bitcoin Mini ETF | Reduce -14.9% | 1.28% | −0.60 |
| ETH Grayscale Ethereum Staking M | Reduce -14.7% | 0.92% | −0.52 |
| COIN Coinbase Global Inc. Class A | Reduce -12.9% | 0.70% | −0.44 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.38 |
| ANET Arista Networks Inc. | Reduce -1.1% | 3.69% | −0.27 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.14 |
| BKNG Booking Holdings Inc. | Reduce -1.7% | 0.38% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 0.20% | +0.01 |
| AXP American Express Co. | Reduce -0.8% | 0.34% | +0.05 |
| AMZN Amazon.com Inc. | Reduce -0.6% | 4.21% | +0.36 |
| NVDA Nvidia Corp. | Reduce -0.7% | 10.66% | +0.40 |
| AAPL Apple Inc. | Reduce -0.5% | 4.18% | +0.42 |
| C Citigroup Inc. | Reduce -0.8% | 6.89% | +1.12 |
| GOOG Alphabet Inc. Class C | Reduce -1.1% | 6.41% | +1.60 |
Portfolio Buys Q3 2025 → Q4 2025
| TSLA Tesla Inc. | New | 5.17% | +5.17 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +1.6% | 11.29% | +0.55 |
| JPIE JPMorgan Income ETF | New | 0.40% | +0.40 |
| IWM iShares Russell 2000 ETF | Add +0.9% | 3.58% | +0.25 |
| BAC Bank of America Corp. | Add +1.4% | 2.12% | +0.25 |
| JPM JPMorgan Chase & Co. | Add +1.4% | 2.30% | +0.18 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +1.4% | 2.76% | +0.14 |
| RL Ralph Lauren Corp. | New | 0.13% | +0.13 |
| SHOP Shopify Inc. Class A | Add +3.9% | 0.83% | +0.13 |
| PLTR Palantir Technologies Inc. Class A | Add +1.3% | 2.66% | +0.09 |
| IBKR Interactive Brokers Gro Class A | Add +1.6% | 2.02% | −0.01 |
| MSFT Microsoft Corp. | Add +1.3% | 3.28% | −0.03 |
| CDNS Cadence Design SYS Inc. | Add +1.6% | 1.90% | −0.11 |
| PANW Palo Alto Networks Inc. | Add +0.7% | 3.84% | −0.19 |
| META Meta Platforms Inc. Class A | Add +0.6% | 4.34% | −0.25 |
| AXON Axon Enterprise Inc. | Add +1.9% | 1.46% | −0.27 |
| HOOD Robinhood Markets Inc. Class A | Add +0.7% | 3.24% | −0.65 |
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 |