Sugar Maple Asset Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 10, 2025), Sugar Maple Asset Management, LLC reported 66 stock positions worth $127.0 million. Its top holding was iShares Treasury Floating Ra (TFLO) at 9.5% of the portfolio, followed by Abbvie (ABBV, 9.4%) and SPDR Gold Shares (GLD, 9.3%). Compared with Q4 2024, it opened 11 new positions, sold out of 419, added to 31 and reduced 19. The biggest buy was SPDR Gold Shares (GLD, shares +3%) and the biggest sale Vaneck Morningstar Wide Moat (MOAT, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- SISTER BAY, WI
- CIK
- 0002012673
- Portfolio Value
- $127.0M (Q1 2025)
- SEC Filing
- 0002012673-25-000002 ↗ filed Apr 10, 2025
Holdings Value
Holdings 66 stocks · $127.0M
| TFLO iShares Treasury Floating Ra | 9.48% | 237,823 | $12.0M | Reduce -8.8% |
| ABBV Abbvie Inc. | 9.36% | 56,725 | $11.9M | Add +0.1% |
| GLD SPDR Gold Shares | 9.28% | 40,931 | $11.8M | Add +2.9% |
| ABT Abbott Laboratories | 7.00% | 67,007 | $8.9M | Add +0.0% |
| IVV iShares Core S&P 500 ETF | 5.71% | 12,918 | $7.3M | Reduce -7.4% |
| STIP iShares 0-5 Year Tips Bond E | 5.28% | 64,779 | $6.7M | Add +7.9% |
| SHY iShares 1-3 Year Treasury Bo | 4.40% | 67,637 | $5.6M | Reduce -12.2% |
| PSFF Pacer Swan Sos Fund of Funds | 4.12% | 183,153 | $5.2M | Add +39.3% |
| USMV iShares MSCI USA Min Vol Fac | 3.41% | 46,206 | $4.3M | Add +2.1% |
| IWY iShares Russell Top 200 Grow | 3.04% | 18,297 | $3.9M | Reduce -8.3% |
| SDY SS SPDR S&P Dividend ETF | 2.94% | 27,572 | $3.7M | Add +0.2% |
| CLOI Vaneck Clo ETF | 2.92% | 70,256 | $3.7M | Add +12.4% |
| FDRR Fidelity Div ETF Rise Rates | 2.49% | 63,211 | $3.2M | Reduce -0.2% |
| VIG Vanguard Dividend Apprec ETF | 2.47% | 16,196 | $3.1M | Reduce -1.0% |
| SLV iShares Silver Trust | 2.25% | 92,214 | $2.9M | Add +50.0% |
| TCAF T Rowe PRC Cap Appreciation | 1.73% | 68,270 | $2.2M | New |
| GBIL Goldman Sachs Access Treasur | 1.65% | 20,860 | $2.1M | Add +2.1% |
| JAVA JPMorgan Active Value ETF | 1.36% | 27,264 | $1.7M | Add +48.3% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 1.26% | 31,711 | $1.6M | Add +1.6% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 1.09% | 27,406 | $1.4M | Add +47.7% |
| QDPL Pacer Met US LRG Cap DVD 400 | 1.00% | 34,729 | $1.3M | Reduce -0.0% |
| NIC Nicolet Bankshares Inc. | 0.98% | 11,404 | $1.2M | Reduce -0.8% |
| ITOT iShares Core S&P Total U.S. | 0.94% | 9,779 | $1.2M | Add +0.0% |
| POCT Innovator U.S. Equity Power | 0.90% | 29,418 | $1.1M | Reduce -14.8% |
| CPSM Calamos SP500 STR Alt Promay | 0.83% | 39,000 | $1.0M | No change |
| TLT iShares 20+ Year Treasury BD | 0.79% | 11,000 | $1.0M | New |
| DOG Proshares Short DOW30 | 0.79% | 37,000 | $999K | Reduce -39.3% |
| VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC | 0.76% | 18,650 | $960K | Add +133.1% |
| FBCG Fidelity Blue Chip Grow ETF | 0.66% | 20,948 | $837K | New |
| ZALT Innovator US Eq 10 Buffer | 0.65% | 27,774 | $827K | Add +89.6% |
| OAKM Oakmark US Large Cap ETF | 0.63% | 32,817 | $802K | New |
| MOAT Vaneck Morningstar Wide Moat | 0.59% | 8,585 | $755K | Reduce -85.4% |
| TMDX Transmedics Group Inc. | 0.58% | 11,000 | $740K | New |
| PANW Palo Alto Networks Inc. | 0.53% | 3,930 | $671K | Reduce -15.9% |
| HALO Halozyme Therapeutics Inc. | 0.52% | 10,300 | $657K | Add +32.0% |
| FWRD Forward Air Corp. | 0.41% | 25,900 | $520K | Add +23.9% |
| MSFT Microsoft Corp. | 0.40% | 1,363 | $512K | Reduce -50.7% |
| PMAR Innovator U.S. Equity Power | 0.36% | 11,374 | $454K | Reduce -8.3% |
| PAUG Innovator U.S. Equity Power | 0.36% | 11,948 | $451K | No change |
| APP AppLovin Corp. Class A | 0.35% | 1,688 | $447K | Add +40.7% |
| AMZN Amazon.com Inc. | 0.35% | 2,346 | $446K | Add +0.4% |
| NVDA Nvidia Corp. | 0.35% | 4,061 | $440K | Reduce -52.5% |
| AAPL Apple Inc. | 0.35% | 1,980 | $440K | Reduce -24.7% |
| QBUF Innv Nasdaq -100 10 B - QRT | 0.34% | 16,560 | $438K | Add +176.0% |
| RBUF Invv US SML C 10 B ETF-QRT | 0.33% | 16,270 | $424K | Add +71.3% |
| FLDR Fidelity Low Durat Fact ETF | 0.33% | 8,429 | $422K | Add +0.2% |
| UBER Uber Technologies Inc. | 0.29% | 5,031 | $367K | Add +25.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 653 | $365K | No change |
| EOCT Innovator Emer MKT PWR Buff | 0.27% | 12,935 | $345K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.25% | 1,178 | $324K | Reduce -16.0% |
| KMB Kimberly-Clark Corp. | 0.25% | 2,211 | $314K | Add +0.4% |
| RSP Invesco S&P 500 Equal Weight | 0.25% | 1,814 | $314K | Add +22.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.24% | 2,742 | $303K | No change |
| PG The Procter & Gamble Co. | 0.23% | 1,733 | $295K | Add +0.2% |
| ZETA Zeta Global Holdings Corp. Class A | 0.22% | 21,000 | $285K | New |
| IOCT Innovator Int Dev Power Buff | 0.22% | 9,150 | $280K | New |
| SGOV iShares 0-3 Month Treasury B | 0.20% | 2,484 | $250K | Add +68.0% |
| GOOG Alphabet Inc. Class C | 0.19% | 1,522 | $238K | Add +10.9% |
| FLTR Vaneck Ig Floating Rate ETF | 0.19% | 9,256 | $236K | Reduce -53.5% |
| IJR iShares Core S&P Small-Cap E | 0.17% | 2,114 | $221K | Reduce -36.2% |
| LILA Liberty Latin Americ Class A | 0.14% | 28,650 | $181K | New |
| TALK Talkspace Inc. | 0.10% | 51,900 | $133K | Add +85.4% |
| FIGS Figs Inc. Class A | 0.08% | 21,800 | $100K | Add +211.4% |
| AQST Aquestive Therapeutics Inc. | 0.07% | 29,500 | $86K | New |
| WOLF Wolfspeed Inc. | 0.03% | 14,390 | $44K | No change |
| DIH HLDG US INC | 0.01% | 62,900 | $15K | New |
Portfolio Sells Q4 2024 → Q1 2025
| MOAT Vaneck Morningstar Wide Moat | Reduce -85.4% | 0.59% | −3.54 |
| IWY iShares Russell Top 200 Grow | Reduce -8.3% | 3.04% | −0.53 |
| IVV iShares Core S&P 500 ETF | Reduce -7.4% | 5.71% | −0.53 |
| NVDA Nvidia Corp. | Reduce -52.5% | 0.35% | −0.53 |
| TFLO iShares Treasury Floating Ra | Reduce -8.8% | 9.48% | −0.52 |
| DXD Proshares Ultrashort DOW30 | Sold out | 0.00% | −0.49 |
| MSFT Microsoft Corp. | Reduce -50.7% | 0.40% | −0.48 |
| DOG Proshares Short DOW30 | Reduce -39.3% | 0.79% | −0.45 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -12.2% | 4.40% | −0.40 |
| IHAK iShares Cybersecurity & Tech | Sold out | 0.00% | −0.35 |
| USPH U.S. Physical Therapy Inc. | Sold out | 0.00% | −0.27 |
| PSEP Innovator U.S. Equity Power | Sold out | 0.00% | −0.27 |
| FLTR Vaneck Ig Floating Rate ETF | Reduce -53.5% | 0.19% | −0.20 |
| LDOS Leidos Holdings Inc. | Sold out | 0.00% | −0.20 |
| IBHF iShares Ibond 2026 HY & Inc. | Sold out | 0.00% | −0.19 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −0.19 |
| JUNW Alianzim US Eq BFR20 Jun-Usd | Sold out | 0.00% | −0.18 |
| AAPL Apple Inc. | Reduce -24.7% | 0.35% | −0.15 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.15 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.15 |
| APRW Allinzim US Eq BFR20 Apr-Usd | Sold out | 0.00% | −0.14 |
| NOCT Innovator Growth-100 Power B | Sold out | 0.00% | −0.14 |
| POCT Innovator U.S. Equity Power | Reduce -14.8% | 0.90% | −0.14 |
| SH Proshares Short S&P500 | Sold out | 0.00% | −0.14 |
| BSEP Innovator U.S. Equity Buffer | Sold out | 0.00% | −0.14 |
| FENY Fidelity MSCI Energy Index | Sold out | 0.00% | −0.14 |
| FTEC Fidelity MSCI Info Tech Indx | Sold out | 0.00% | −0.14 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −0.13 |
| BAX Baxter International Inc. | Sold out | 0.00% | −0.13 |
| BUFF Innovator Laddered Allocatio | Sold out | 0.00% | −0.13 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.13 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −0.12 |
| PANW Palo Alto Networks Inc. | Reduce -15.9% | 0.53% | −0.12 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.12 |
| IJR iShares Core S&P Small-Cap E | Reduce -36.2% | 0.17% | −0.12 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −0.11 |
| KJUL Innovator U.S. Small Cap Pow | Sold out | 0.00% | −0.10 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −0.10 |
| VGT Vanguard Info Tech ETF | Sold out | 0.00% | −0.10 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.10 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.10 |
| MO Altria Group Inc. | Sold out | 0.00% | −0.10 |
| GDRX Goodrx Holdings Inc. Class A | Sold out | 0.00% | −0.09 |
| DECW Alianzim US Eq BFR20 Dec-Usd | Sold out | 0.00% | −0.09 |
| T AT&T Inc. | Sold out | 0.00% | −0.08 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.08 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.08 |
| MAYW Alianzim US Eq BFR20 May-Usd | Sold out | 0.00% | −0.08 |
| BOCT Innovator U.S. Equity Buffer | Sold out | 0.00% | −0.08 |
| IEFA iShares Core MSCI Eafe ETF | Sold out | 0.00% | −0.08 |
Portfolio Buys Q4 2024 → Q1 2025
| GLD SPDR Gold Shares | Add +2.9% | 9.28% | +1.95 |
| TCAF T Rowe PRC Cap Appreciation | New | 1.73% | +1.73 |
| ABBV Abbvie Inc. | Add +0.1% | 9.36% | +1.69 |
| ABT Abbott Laboratories | Add +0.0% | 7.00% | +1.23 |
| PSFF Pacer Swan Sos Fund of Funds | Add +39.3% | 4.12% | +1.19 |
| SLV iShares Silver Trust | Add +50.0% | 2.25% | +1.02 |
| TLT iShares 20+ Year Treasury BD | New | 0.79% | +0.79 |
| STIP iShares 0-5 Year Tips Bond E | Add +7.9% | 5.28% | +0.68 |
| FBCG Fidelity Blue Chip Grow ETF | New | 0.66% | +0.66 |
| OAKM Oakmark US Large Cap ETF | New | 0.63% | +0.63 |
| TMDX Transmedics Group Inc. | New | 0.58% | +0.58 |
| JAVA JPMorgan Active Value ETF | Add +48.3% | 1.36% | +0.48 |
| VXX Ipath Series B S&P 500 Vix | Add +133.1% | 0.76% | +0.48 |
| CLOI Vaneck Clo ETF | Add +12.4% | 2.92% | +0.41 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Add +47.7% | 1.09% | +0.38 |
| USMV iShares MSCI USA Min Vol Fac | Add +2.1% | 3.41% | +0.35 |
| ZALT Innovator US Eq 10 Buffer | Add +89.6% | 0.65% | +0.32 |
| EOCT Innovator Emer MKT PWR Buff | New | 0.27% | +0.27 |
| HALO Halozyme Therapeutics Inc. | Add +32.0% | 0.52% | +0.23 |
| ZETA Zeta Global Holdings Corp. Class A | New | 0.22% | +0.22 |
| QBUF Innv Nasdaq -100 10 B - QRT | Add +176.0% | 0.34% | +0.22 |
| IOCT Innovator Int Dev Power Buff | New | 0.22% | +0.22 |
| SDY SS SPDR S&P Dividend ETF | Add +0.2% | 2.94% | +0.18 |
| RBUF Invv US SML C 10 B ETF-QRT | Add +71.3% | 0.33% | +0.14 |
| LILA Liberty Latin Americ Class A | New | 0.14% | +0.14 |
| UBER Uber Technologies Inc. | Add +25.1% | 0.29% | +0.10 |
| GBIL Goldman Sachs Access Treasur | Add +2.1% | 1.65% | +0.09 |
| SGOV iShares 0-3 Month Treasury B | Add +68.0% | 0.20% | +0.08 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +1.6% | 1.26% | +0.07 |
| AQST Aquestive Therapeutics Inc. | New | 0.07% | +0.07 |
| APP AppLovin Corp. Class A | Add +40.7% | 0.35% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +22.4% | 0.25% | +0.05 |
| FIGS Figs Inc. Class A | Add +211.4% | 0.08% | +0.05 |
| TALK Talkspace Inc. | Add +85.4% | 0.10% | +0.04 |
| KMB Kimberly-Clark Corp. | Add +0.4% | 0.25% | +0.03 |
| FLDR Fidelity Low Durat Fact ETF | Add +0.2% | 0.33% | +0.01 |
| PG The Procter & Gamble Co. | Add +0.2% | 0.23% | +0.01 |
| DIH HLDG US INC | New | 0.01% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +10.9% | 0.19% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Add +0.0% | 0.94% | −0.02 |
| AMZN Amazon.com Inc. | Add +0.4% | 0.35% | −0.04 |
| FWRD Forward Air Corp. | Add +23.9% | 0.41% | −0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 81 | $155.1M | ABBV, TFLO, GLD, IVV, STIP |
| Q1 2026 | 84 | $164.8M | GLD, AGG, ABBV, TFLO, IVV |
| Q4 2025 | 84 | $148.7M | GLD, ABBV, IVV, TFLO, ABT |
| Q3 2025 | 80 | $139.8M | ABBV, GLD, TFLO, IVV, ABT |
| Q2 2025 | 76 | $128.3M | GLD, TFLO, ABBV, IVV, ABT |
| Q1 2025 | 66 | $127.0M | TFLO, ABBV, GLD, ABT, IVV |
| Q4 2024 | 474 | $131.4M | TFLO, ABBV, GLD, IVV, ABT |
| Q3 2024 | 63 | $115.1M | TFLO, ABBV, IVV, GLD, ABT |
| Q2 2024 | 57 | $103.4M | TFLO, ABBV, IVV, ABT, GLD |
| Q1 2024 | 51 | $103.7M | TFLO, ABBV, IVV, ABT, GLD |