Sugar Maple Asset Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Sugar Maple Asset Management, LLC reported 84 stock positions worth $148.7 million. Its top holding was SPDR Gold Shares (GLD) at 9.2% of the portfolio, followed by Abbvie (ABBV, 8.7%) and iShares Core S&P 500 ETF (IVV, 6.9%). Compared with Q3 2025, it opened 14 new positions, sold out of 10, added to 33 and reduced 19. The biggest buy was iShares Silver Trust (SLV, shares +6%) and the biggest sale Pacer Swan Sos Fund of Funds (PSFF, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- SISTER BAY, WI
- CIK
- 0002012673
- Portfolio Value
- $148.7M (Q4 2025)
- SEC Filing
- 0002012673-26-000001 ↗ filed Jan 20, 2026
Holdings Value
Holdings 84 stocks · $148.7M
| GLD SPDR Gold Shares | 9.22% | 34,646 | $13.7M | Add +7.8% |
| ABBV Abbvie Inc. | 8.69% | 56,598 | $12.9M | Reduce 0.0% |
| IVV iShares Core S&P 500 ETF | 6.92% | 15,031 | $10.3M | Reduce -1.4% |
| TFLO iShares Treasury Floating Ra | 6.72% | 198,004 | $10.0M | Reduce -4.7% |
| ABT Abbott Laboratories | 5.64% | 67,007 | $8.4M | Add +0.0% |
| SLV iShares Silver Trust | 5.11% | 117,834 | $7.6M | Add +5.7% |
| STIP iShares 0-5 Year Tips Bond E | 5.06% | 73,545 | $7.5M | Add +5.4% |
| SHY iShares 1-3 Year Treasury Bo | 4.36% | 78,326 | $6.5M | Add +8.5% |
| TCAF T Rowe PRC Cap Appreciation | 2.94% | 114,514 | $4.4M | Add +20.4% |
| CLOI Vaneck Clo ETF | 2.75% | 77,553 | $4.1M | Add +3.2% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 2.34% | 68,589 | $3.5M | Add +129.4% |
| FDRR Fidelity Div ETF Rise Rates | 2.26% | 55,181 | $3.4M | Reduce -0.2% |
| USMV iShares MSCI USA Min Vol Fac | 2.20% | 34,678 | $3.3M | Reduce -5.9% |
| VIG Vanguard Dividend Apprec ETF | 2.18% | 14,771 | $3.2M | Reduce -1.9% |
| SDY SS SPDR S&P Dividend ETF | 1.78% | 19,022 | $2.6M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.61% | 3,503 | $2.4M | Reduce -7.9% |
| FBND Fidelity Total Bond ETF | 1.58% | 51,000 | $2.3M | New |
| DOG Proshares Short DOW30 | 1.42% | 90,000 | $2.1M | New |
| NIC Nicolet Bankshares Inc. | 1.13% | 13,912 | $1.7M | Add +23.7% |
| OAKM Oakmark US Large Cap ETF | 1.09% | 57,333 | $1.6M | Add +58.0% |
| ITOT iShares Core S&P Total U.S. | 0.97% | 9,671 | $1.4M | Add +0.0% |
| ZALT Innovator US Eq 10 Buffer | 0.95% | 43,545 | $1.4M | Add +0.8% |
| PANW Palo Alto Networks Inc. | 0.89% | 7,164 | $1.3M | Add +10.4% |
| JAVA JPMorgan Active Value ETF | 0.88% | 18,329 | $1.3M | Reduce -0.7% |
| LNT Alliant Energy Corp. | 0.88% | 20,183 | $1.3M | No change |
| GBIL Goldman Sachs Access Treasur | 0.85% | 12,620 | $1.3M | Reduce -1.9% |
| IWY iShares Russell Top 200 Grow | 0.83% | 4,433 | $1.2M | Reduce -24.6% |
| BKDV BNY Mellon Dynamic Value | 0.81% | 41,279 | $1.2M | New |
| CPSM Calamos SP500 STR Alt Promay | 0.75% | 39,000 | $1.1M | No change |
| POCT Innovator U.S. Equity Power | 0.75% | 25,372 | $1.1M | No change |
| XONE Bondbloxx BBG 1 Dur US Treas | 0.69% | 20,610 | $1.0M | Add +6.0% |
| NVDA Nvidia Corp. | 0.69% | 5,464 | $1.0M | Add +9.3% |
| QDPL Pacer Met US LRG Cap DVD 400 | 0.65% | 22,916 | $973K | Reduce -24.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.60% | 1,450 | $891K | Add +7.4% |
| FBCG Fidelity Blue Chip Grow ETF | 0.59% | 16,126 | $884K | New |
| HALO Halozyme Therapeutics Inc. | 0.58% | 12,800 | $861K | Add +24.3% |
| FLDR Fidelity Low Durat Fact ETF | 0.53% | 15,608 | $784K | Reduce -7.0% |
| MRNA Moderna Inc. | 0.50% | 25,010 | $738K | Add +47.1% |
| QBUF Innv Nasdaq -100 10 B - QRT | 0.45% | 23,016 | $675K | Add +6.4% |
| TEM Tempus AI Inc. Class A | 0.44% | 11,000 | $650K | Add +120.0% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 0.42% | 12,502 | $628K | Add +68.3% |
| GOOG Alphabet Inc. Class C | 0.41% | 1,967 | $617K | No change |
| AMZN Amazon.com Inc. | 0.41% | 2,661 | $614K | Add +12.7% |
| FCOR Fidelity Corporate Bond ETF | 0.39% | 12,066 | $577K | New |
| SPMO Invesco S&P 500 Momentum ETF | 0.38% | 4,714 | $562K | Reduce -45.5% |
| TALK Talkspace Inc. | 0.38% | 154,100 | $559K | Add +0.3% |
| SGOV iShares 0-3 Month Treasury B | 0.37% | 5,555 | $558K | Reduce -3.2% |
| MSFT Microsoft Corp. | 0.37% | 1,131 | $547K | Add +0.1% |
| AAPL Apple Inc. | 0.36% | 1,989 | $541K | Add +1.0% |
| PINS Pinterest Inc. Class A | 0.35% | 20,050 | $519K | Add +141.6% |
| PAUG Innovator U.S. Equity Power | 0.35% | 11,948 | $517K | No change |
| RBUF Invv US SML C 10 B ETF-QRT | 0.33% | 16,922 | $492K | Add +8.9% |
| IWF iShares Russell 1000 Growth | 0.32% | 999 | $473K | Add +11.7% |
| BALT Inn Defined Wealth Shield | 0.30% | 13,500 | $452K | No change |
| AUGP Pgim S&P 500 Buffer 12-Aug | 0.28% | 13,500 | $420K | No change |
| UBER Uber Technologies Inc. | 0.28% | 5,031 | $411K | No change |
| SOXQ Invesco PHLX Semiconductor | 0.27% | 7,070 | $394K | New |
| EOCT Innovator Emer MKT PWR Buff | 0.25% | 11,935 | $378K | No change |
| VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC | 0.25% | 14,225 | $377K | Reduce -73.0% |
| LSGR Natixis Loomis Focused Grwth | 0.25% | 8,281 | $371K | New |
| TMDX Transmedics Group Inc. | 0.25% | 3,000 | $365K | No change |
| AQST Aquestive Therapeutics Inc. | 0.24% | 54,850 | $354K | Add +357.1% |
| IBUF Innv Id 10 Buffer ETF Qurtly | 0.23% | 11,620 | $340K | Add +25.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 1,005 | $337K | No change |
| JXX Janus Hndrsn Trnsfml Gro ETF | 0.22% | 11,774 | $330K | Reduce -53.6% |
| IOCT Innovator Int Dev Power Buff | 0.21% | 9,150 | $319K | No change |
| IOVA Iovance Biotherapeutics Inc. | 0.20% | 110,000 | $300K | New |
| PMAR Innovator U.S. Equity Power | 0.19% | 6,370 | $286K | No change |
| PSFF Pacer Swan Sos Fund of Funds | 0.18% | 8,394 | $271K | Reduce -90.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.18% | 2,443 | $269K | Reduce -2.9% |
| FLTR Vaneck Ig Floating Rate ETF | 0.18% | 10,335 | $263K | Add +24.5% |
| RXST Rxsight Inc. | 0.17% | 23,850 | $249K | New |
| FBTC Fidelity Wise Origin Bitcoin | 0.16% | 3,042 | $232K | Add +5.2% |
| VSDM Vanguard Short Tax-Ex Bond | 0.15% | 3,008 | $230K | New |
| KTOS Kratos Defense & Security | 0.15% | 3,000 | $228K | No change |
| KMB Kimberly-Clark Corp. | 0.15% | 2,210 | $223K | Add +0.5% |
| PG The Procter & Gamble Co. | 0.15% | 1,536 | $220K | No change |
| FTEC Fidelity MSCI Info Tech Indx | 0.15% | 972 | $218K | No change |
| URA Global X Uranium ETF | 0.14% | 5,000 | $214K | New |
| BSEP Innovator U.S. Equity Buffer | 0.14% | 4,248 | $209K | No change |
| GOOGL Alphabet Inc. Class A | 0.14% | 648 | $203K | New |
| GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED | 0.09% | 24,000 | $131K | New |
| GDRX Goodrx Holdings Inc. Class A | 0.06% | 30,800 | $83K | New |
| UA Under Armour Inc. Class C | 0.03% | 10,500 | $50K | Reduce -89.6% |
Portfolio Sells Q3 2025 → Q4 2025
| PSFF Pacer Swan Sos Fund of Funds | Reduce -90.6% | 0.18% | −1.83 |
| VXX Ipath Series B S&P 500 Vix | Reduce -73.0% | 0.25% | −1.00 |
| SH Proshares Short S&P500 | Sold out | 0.00% | −0.96 |
| TFLO iShares Treasury Floating Ra | Reduce -4.7% | 6.72% | −0.80 |
| ABBV Abbvie Inc. | Reduce 0.0% | 8.69% | −0.68 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.50 |
| FWRD Forward Air Corp. | Sold out | 0.00% | −0.48 |
| IVV iShares Core S&P 500 ETF | Reduce -1.4% | 6.92% | −0.38 |
| PSQ Proshares Short QQQ | Sold out | 0.00% | −0.38 |
| SPMO Invesco S&P 500 Momentum ETF | Reduce -45.5% | 0.38% | −0.37 |
| RBRK Rubrik Inc. Class A | Sold out | 0.00% | −0.35 |
| IWY iShares Russell Top 200 Grow | Reduce -24.6% | 0.83% | −0.33 |
| UA Under Armour Inc. Class C | Reduce -89.6% | 0.03% | −0.32 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -5.9% | 2.20% | −0.31 |
| JXX Janus Hndrsn Trnsfml Gro ETF | Reduce -53.6% | 0.22% | −0.29 |
| MOAT Vaneck Morningstar Wide Moat | Sold out | 0.00% | −0.27 |
| OILK Pros K-1 Free CR Oil ETF-Usd | Sold out | 0.00% | −0.26 |
| QDPL Pacer Met US LRG Cap DVD 400 | Reduce -24.1% | 0.65% | −0.25 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.9% | 1.61% | −0.21 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −0.15 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.9% | 2.18% | −0.14 |
| FLDR Fidelity Low Durat Fact ETF | Reduce -7.0% | 0.53% | −0.08 |
| GBIL Goldman Sachs Access Treasur | Reduce -1.9% | 0.85% | −0.07 |
| EXFY Expensify Inc. Class A | Sold out | 0.00% | −0.07 |
| FDRR Fidelity Div ETF Rise Rates | Reduce -0.2% | 2.26% | −0.06 |
| SGOV iShares 0-3 Month Treasury B | Reduce -3.2% | 0.37% | −0.04 |
| CNVS Cineverse Corp. | Sold out | 0.00% | −0.03 |
| JAVA JPMorgan Active Value ETF | Reduce -0.7% | 0.88% | −0.03 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -2.9% | 0.18% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| SLV iShares Silver Trust | Add +5.7% | 5.11% | +1.73 |
| FBND Fidelity Total Bond ETF | New | 1.58% | +1.58 |
| DOG Proshares Short DOW30 | New | 1.42% | +1.42 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +129.4% | 2.34% | +1.25 |
| GLD SPDR Gold Shares | Add +7.8% | 9.22% | +1.05 |
| BKDV BNY Mellon Dynamic Value | New | 0.81% | +0.81 |
| FBCG Fidelity Blue Chip Grow ETF | New | 0.59% | +0.59 |
| OAKM Oakmark US Large Cap ETF | Add +58.0% | 1.09% | +0.40 |
| FCOR Fidelity Corporate Bond ETF | New | 0.39% | +0.39 |
| TCAF T Rowe PRC Cap Appreciation | Add +20.4% | 2.94% | +0.38 |
| SOXQ Invesco PHLX Semiconductor | New | 0.27% | +0.27 |
| LSGR Natixis Loomis Focused Grwth | New | 0.25% | +0.25 |
| IOVA Iovance Biotherapeutics Inc. | New | 0.20% | +0.20 |
| AQST Aquestive Therapeutics Inc. | Add +357.1% | 0.24% | +0.19 |
| MRNA Moderna Inc. | Add +47.1% | 0.50% | +0.18 |
| RXST Rxsight Inc. | New | 0.17% | +0.17 |
| PINS Pinterest Inc. Class A | Add +141.6% | 0.35% | +0.16 |
| VSDM Vanguard Short Tax-Ex Bond | New | 0.15% | +0.15 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Add +68.3% | 0.42% | +0.15 |
| TEM Tempus AI Inc. Class A | Add +120.0% | 0.44% | +0.15 |
| URA Global X Uranium ETF | New | 0.14% | +0.14 |
| GOOGL Alphabet Inc. Class A | New | 0.14% | +0.14 |
| GRSD Grandstand Ltd. | New | 0.09% | +0.09 |
| SHY iShares 1-3 Year Treasury Bo | Add +8.5% | 4.36% | +0.08 |
| TALK Talkspace Inc. | Add +0.3% | 0.38% | +0.07 |
| GDRX Goodrx Holdings Inc. Class A | New | 0.06% | +0.06 |
| NIC Nicolet Bankshares Inc. | Add +23.7% | 1.13% | +0.05 |
| AMZN Amazon.com Inc. | Add +12.7% | 0.41% | +0.04 |
| IBUF Innv Id 10 Buffer ETF Qurtly | Add +25.8% | 0.23% | +0.04 |
| HALO Halozyme Therapeutics Inc. | Add +24.3% | 0.58% | +0.04 |
| FLTR Vaneck Ig Floating Rate ETF | Add +24.5% | 0.18% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.4% | 0.60% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +11.7% | 0.32% | +0.02 |
| NVDA Nvidia Corp. | Add +9.3% | 0.69% | +0.02 |
| RBUF Invv US SML C 10 B ETF-QRT | Add +8.9% | 0.33% | +0.01 |
| QBUF Innv Nasdaq -100 10 B - QRT | Add +6.4% | 0.45% | +0.01 |
| AAPL Apple Inc. | Add +1.0% | 0.36% | +0.00 |
| XONE Bondbloxx BBG 1 Dur US Treas | Add +6.0% | 0.69% | −0.00 |
| ZALT Innovator US Eq 10 Buffer | Add +0.8% | 0.95% | −0.03 |
| ITOT iShares Core S&P Total U.S. | Add +0.0% | 0.97% | −0.04 |
| KMB Kimberly-Clark Corp. | Add +0.5% | 0.15% | −0.05 |
| FBTC Fidelity Wise Origin Bitcoin | Add +5.2% | 0.16% | −0.05 |
| MSFT Microsoft Corp. | Add +0.1% | 0.37% | −0.05 |
| PANW Palo Alto Networks Inc. | Add +10.4% | 0.89% | −0.06 |
| STIP iShares 0-5 Year Tips Bond E | Add +5.4% | 5.06% | −0.10 |
| CLOI Vaneck Clo ETF | Add +3.2% | 2.75% | −0.10 |
| ABT Abbott Laboratories | Add +0.0% | 5.64% | −0.77 |
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 |