Sugar Maple Asset Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Sugar Maple Asset Management, LLC reported 76 stock positions worth $128.3 million. Its top holding was SPDR Gold Shares (GLD) at 8.6% of the portfolio, followed by iShares Treasury Floating Ra (TFLO, 8.4%) and Abbvie (ABBV, 8.2%). Compared with Q1 2025, it opened 19 new positions, sold out of 9, added to 20 and reduced 28. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +17%) and the biggest sale iShares Russell Top 200 Grow (IWY, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- SISTER BAY, WI
- CIK
- 0002012673
- Portfolio Value
- $128.3M (Q2 2025)
- SEC Filing
- 0002012673-25-000003 ↗ filed Aug 15, 2025
Holdings Value
Holdings 76 stocks · $128.3M
| GLD SPDR Gold Shares | 8.55% | 35,981 | $11.0M | Reduce -12.1% |
| TFLO iShares Treasury Floating Ra | 8.37% | 211,980 | $10.7M | Reduce -10.9% |
| ABBV Abbvie Inc. | 8.20% | 56,648 | $10.5M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 7.33% | 15,140 | $9.4M | Add +17.2% |
| ABT Abbott Laboratories | 7.10% | 67,007 | $9.1M | No change |
| STIP iShares 0-5 Year Tips Bond E | 5.20% | 64,796 | $6.7M | Add +0.0% |
| SHY iShares 1-3 Year Treasury Bo | 4.46% | 69,106 | $5.7M | Add +2.2% |
| CLOI Vaneck Clo ETF | 3.00% | 72,685 | $3.8M | Add +3.5% |
| PSFF Pacer Swan Sos Fund of Funds | 2.91% | 122,626 | $3.7M | Reduce -33.0% |
| VIG Vanguard Dividend Apprec ETF | 2.88% | 18,044 | $3.7M | Add +11.4% |
| TCAF T Rowe PRC Cap Appreciation | 2.72% | 99,059 | $3.5M | Add +45.1% |
| USMV iShares MSCI USA Min Vol Fac | 2.65% | 36,156 | $3.4M | Reduce -21.8% |
| FDRR Fidelity Div ETF Rise Rates | 2.43% | 57,449 | $3.1M | Reduce -9.1% |
| SLV iShares Silver Trust | 2.31% | 90,334 | $3.0M | Reduce -2.0% |
| SDY SS SPDR S&P Dividend ETF | 2.25% | 21,272 | $2.9M | Reduce -22.9% |
| IWY iShares Russell Top 200 Grow | 1.39% | 7,217 | $1.8M | Reduce -60.6% |
| JAVA JPMorgan Active Value ETF | 1.35% | 26,357 | $1.7M | Reduce -3.3% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 1.32% | 33,373 | $1.7M | Add +5.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.30% | 2,703 | $1.7M | Add +313.9% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 1.15% | 29,399 | $1.5M | Add +7.3% |
| NIC Nicolet Bankshares Inc. | 1.09% | 11,319 | $1.4M | Reduce -0.8% |
| ITOT iShares Core S&P Total U.S. | 1.02% | 9,666 | $1.3M | Reduce -1.2% |
| SPMO Invesco S&P 500 Momentum ETF | 1.01% | 11,495 | $1.3M | New |
| GBIL Goldman Sachs Access Treasur | 1.00% | 12,860 | $1.3M | Reduce -38.4% |
| QDPL Pacer Met US LRG Cap DVD 400 | 0.95% | 30,852 | $1.2M | Reduce -11.2% |
| LNT Alliant Energy Corp. | 0.95% | 20,103 | $1.2M | New |
| PANW Palo Alto Networks Inc. | 0.92% | 5,792 | $1.2M | Add +47.4% |
| POCT Innovator U.S. Equity Power | 0.90% | 28,043 | $1.2M | Reduce -4.7% |
| CPSM Calamos SP500 STR Alt Promay | 0.85% | 39,000 | $1.1M | No change |
| XONE Bondbloxx BBG 1 Dur US Treas | 0.74% | 19,001 | $943K | New |
| ZALT Innovator US Eq 10 Buffer | 0.72% | 30,000 | $924K | Add +8.0% |
| SH Proshares Short S&P500 | 0.66% | 21,337 | $847K | New |
| HALO Halozyme Therapeutics Inc. | 0.58% | 14,300 | $744K | Add +38.8% |
| NVDA Nvidia Corp. | 0.58% | 4,690 | $741K | Add +15.5% |
| OAKM Oakmark US Large Cap ETF | 0.52% | 25,995 | $668K | Reduce -20.8% |
| VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC | 0.47% | 12,500 | $601K | Reduce -33.0% |
| QBUF Innv Nasdaq -100 10 B - QRT | 0.46% | 21,633 | $596K | Add +30.6% |
| FWRD Forward Air Corp. | 0.46% | 23,900 | $587K | Reduce -7.7% |
| SGOV iShares 0-3 Month Treasury B | 0.45% | 5,727 | $577K | Add +130.6% |
| MSFT Microsoft Corp. | 0.44% | 1,133 | $563K | Reduce -16.9% |
| TMDX Transmedics Group Inc. | 0.42% | 4,000 | $536K | Reduce -63.6% |
| IWF iShares Russell 1000 Growth | 0.41% | 1,249 | $530K | New |
| AMZN Amazon.com Inc. | 0.40% | 2,361 | $518K | Add +0.6% |
| PAUG Innovator U.S. Equity Power | 0.38% | 11,948 | $483K | No change |
| UBER Uber Technologies Inc. | 0.37% | 5,031 | $469K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.37% | 850 | $469K | New |
| PMAR Innovator U.S. Equity Power | 0.35% | 10,579 | $447K | Reduce -7.0% |
| PINS Pinterest Inc. Class A | 0.35% | 12,375 | $444K | New |
| FLDR Fidelity Low Durat Fact ETF | 0.34% | 8,661 | $434K | Add +2.8% |
| RBUF Invv US SML C 10 B ETF-QRT | 0.33% | 15,270 | $418K | Reduce -6.2% |
| AAPL Apple Inc. | 0.31% | 1,957 | $401K | Reduce -1.2% |
| MOAT Vaneck Morningstar Wide Moat | 0.30% | 4,068 | $382K | Reduce -52.6% |
| EOCT Innovator Emer MKT PWR Buff | 0.28% | 12,935 | $366K | No change |
| GOOG Alphabet Inc. Class C | 0.26% | 1,877 | $333K | Add +23.3% |
| IHAK iShares Cybersecurity & Tech | 0.25% | 6,043 | $322K | New |
| VTI VG Morningstar TS MKT ETF-US | 0.25% | 1,055 | $321K | Reduce -10.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.24% | 2,742 | $303K | No change |
| IOCT Innovator Int Dev Power Buff | 0.23% | 9,150 | $301K | No change |
| FBTC Fidelity Wise Origin Bitcoin | 0.22% | 3,049 | $287K | New |
| TEM Tempus AI Inc. Class A | 0.22% | 4,500 | $286K | New |
| KMB Kimberly-Clark Corp. | 0.22% | 2,211 | $285K | No change |
| PG The Procter & Gamble Co. | 0.22% | 1,733 | $276K | No change |
| SKYT Skywater Technology Inc. | 0.20% | 25,730 | $253K | New |
| FLTR Vaneck Ig Floating Rate ETF | 0.18% | 9,279 | $237K | Add +0.3% |
| TALK Talkspace Inc. | 0.18% | 84,000 | $234K | Add +61.9% |
| KTOS Kratos Defense & Security | 0.18% | 5,000 | $232K | New |
| SNAP Snap Inc. Class A | 0.18% | 26,644 | $232K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.17% | 438 | $223K | New |
| IBUF Innv Id 10 Buffer ETF Qurtly | 0.17% | 7,934 | $220K | New |
| GDRX Goodrx Holdings Inc. Class A | 0.15% | 38,000 | $189K | New |
| ABX Abacus Global Management Inc. | 0.11% | 27,000 | $139K | New |
| UA Under Armour Inc. Class C | 0.05% | 10,500 | $68K | New |
| TSEOQ Trinseo PLC | 0.03% | 13,000 | $41K | New |
| AQST Aquestive Therapeutics Inc. | 0.03% | 12,000 | $40K | Reduce -59.3% |
| DIH HLDG US INC | 0.01% | 42,900 | $11K | Reduce -31.8% |
| WOLF Wolfspeed Inc. | 0.00% | 12,790 | $5K | Reduce -11.1% |
Portfolio Sells Q1 2025 → Q2 2025
| IWY iShares Russell Top 200 Grow | Reduce -60.6% | 1.39% | −1.65 |
| PSFF Pacer Swan Sos Fund of Funds | Reduce -33.0% | 2.91% | −1.20 |
| ABBV Abbvie Inc. | Reduce -0.1% | 8.20% | −1.16 |
| TFLO iShares Treasury Floating Ra | Reduce -10.9% | 8.37% | −1.11 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.79 |
| DOG Proshares Short DOW30 | Sold out | 0.00% | −0.79 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -21.8% | 2.65% | −0.76 |
| GLD SPDR Gold Shares | Reduce -12.1% | 8.55% | −0.73 |
| SDY SS SPDR S&P Dividend ETF | Reduce -22.9% | 2.25% | −0.69 |
| FBCG Fidelity Blue Chip Grow ETF | Sold out | 0.00% | −0.66 |
| GBIL Goldman Sachs Access Treasur | Reduce -38.4% | 1.00% | −0.64 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.35 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -52.6% | 0.30% | −0.30 |
| VXX Ipath Series B S&P 500 Vix | Reduce -33.0% | 0.47% | −0.29 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.25 |
| ZETA Zeta Global Holdings Corp. Class A | Sold out | 0.00% | −0.22 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.17 |
| TMDX Transmedics Group Inc. | Reduce -63.6% | 0.42% | −0.16 |
| LILA Liberty Latin Americ Class A | Sold out | 0.00% | −0.14 |
| OAKM Oakmark US Large Cap ETF | Reduce -20.8% | 0.52% | −0.11 |
| FIGS Figs Inc. Class A | Sold out | 0.00% | −0.08 |
| FDRR Fidelity Div ETF Rise Rates | Reduce -9.1% | 2.43% | −0.06 |
| QDPL Pacer Met US LRG Cap DVD 400 | Reduce -11.2% | 0.95% | −0.05 |
| AQST Aquestive Therapeutics Inc. | Reduce -59.3% | 0.03% | −0.04 |
| AAPL Apple Inc. | Reduce -1.2% | 0.31% | −0.03 |
| WOLF Wolfspeed Inc. | Reduce -11.1% | 0.00% | −0.03 |
| JAVA JPMorgan Active Value ETF | Reduce -3.3% | 1.35% | −0.02 |
| PMAR Innovator U.S. Equity Power | Reduce -7.0% | 0.35% | −0.01 |
| RBUF Invv US SML C 10 B ETF-QRT | Reduce -6.2% | 0.33% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -10.4% | 0.25% | −0.00 |
| DIH HLDG US INC | Reduce -31.8% | 0.01% | −0.00 |
| POCT Innovator U.S. Equity Power | Reduce -4.7% | 0.90% | +0.00 |
| MSFT Microsoft Corp. | Reduce -16.9% | 0.44% | +0.04 |
| FWRD Forward Air Corp. | Reduce -7.7% | 0.46% | +0.05 |
| SLV iShares Silver Trust | Reduce -2.0% | 2.31% | +0.06 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.2% | 1.02% | +0.08 |
| NIC Nicolet Bankshares Inc. | Reduce -0.8% | 1.09% | +0.11 |
Portfolio Buys Q1 2025 → Q2 2025
| IVV iShares Core S&P 500 ETF | Add +17.2% | 7.33% | +1.61 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +313.9% | 1.30% | +1.01 |
| SPMO Invesco S&P 500 Momentum ETF | New | 1.01% | +1.01 |
| TCAF T Rowe PRC Cap Appreciation | Add +45.1% | 2.72% | +0.99 |
| LNT Alliant Energy Corp. | New | 0.95% | +0.95 |
| XONE Bondbloxx BBG 1 Dur US Treas | New | 0.74% | +0.74 |
| SH Proshares Short S&P500 | New | 0.66% | +0.66 |
| IWF iShares Russell 1000 Growth | New | 0.41% | +0.41 |
| VIG Vanguard Dividend Apprec ETF | Add +11.4% | 2.88% | +0.41 |
| PANW Palo Alto Networks Inc. | Add +47.4% | 0.92% | +0.40 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.37% | +0.37 |
| PINS Pinterest Inc. Class A | New | 0.35% | +0.35 |
| SGOV iShares 0-3 Month Treasury B | Add +130.6% | 0.45% | +0.25 |
| IHAK iShares Cybersecurity & Tech | New | 0.25% | +0.25 |
| NVDA Nvidia Corp. | Add +15.5% | 0.58% | +0.23 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.22% | +0.22 |
| TEM Tempus AI Inc. Class A | New | 0.22% | +0.22 |
| SKYT Skywater Technology Inc. | New | 0.20% | +0.20 |
| KTOS Kratos Defense & Security | New | 0.18% | +0.18 |
| SNAP Snap Inc. Class A | New | 0.18% | +0.18 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.17% | +0.17 |
| IBUF Innv Id 10 Buffer ETF Qurtly | New | 0.17% | +0.17 |
| GDRX Goodrx Holdings Inc. Class A | New | 0.15% | +0.15 |
| QBUF Innv Nasdaq -100 10 B - QRT | Add +30.6% | 0.46% | +0.12 |
| ABX Abacus Global Management Inc. | New | 0.11% | +0.11 |
| CLOI Vaneck Clo ETF | Add +3.5% | 3.00% | +0.08 |
| TALK Talkspace Inc. | Add +61.9% | 0.18% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +23.3% | 0.26% | +0.07 |
| ZALT Innovator US Eq 10 Buffer | Add +8.0% | 0.72% | +0.07 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Add +7.3% | 1.15% | +0.07 |
| HALO Halozyme Therapeutics Inc. | Add +38.8% | 0.58% | +0.06 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +5.2% | 1.32% | +0.06 |
| SHY iShares 1-3 Year Treasury Bo | Add +2.2% | 4.46% | +0.06 |
| UA Under Armour Inc. Class C | New | 0.05% | +0.05 |
| AMZN Amazon.com Inc. | Add +0.6% | 0.40% | +0.05 |
| TSEOQ Trinseo PLC | New | 0.03% | +0.03 |
| FLDR Fidelity Low Durat Fact ETF | Add +2.8% | 0.34% | +0.01 |
| FLTR Vaneck Ig Floating Rate ETF | Add +0.3% | 0.18% | −0.00 |
| STIP iShares 0-5 Year Tips Bond E | Add +0.0% | 5.20% | −0.08 |
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 |