Synergy Asset Management, LLC

Name: Synergy Asset Management, LLC 13F holdings, Q1 2025
Creator: Synergy Asset Management, LLC
Published: 2025-04-22

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Synergy Asset Management, LLC reported 171 stock positions worth $793.1 million. Its top holding was Microsoft (MSFT) at 8.4% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 6.2%) and iShares 0-3 Month Treasury B (SGOV, 5.5%). Compared with Q4 2024, it opened 36 new positions, sold out of 741, added to 50 and reduced 84. The biggest buy was a new position in Axis Capital (AXS) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −68%).

Most Recent 13F: Q2 2026
Location: VANCOUVER, WA
CIK: 0001699080
Portfolio Value: $793.1M (Q1 2025)
SEC Filing: 0001699080-25-000004 ↗ filed Apr 22, 2025

Holdings Value

Holdings 171 stocks · $793.1M


MSFT Microsoft Corp.	8.43%	178,107	$66.9M	Reduce -32.4%
BIL SS SPDR BB 1-3M T-Bill ETF	6.17%	533,333	$48.9M	Reduce -67.6%
SGOV iShares 0-3 Month Treasury B	5.47%	430,875	$43.4M	Reduce -44.0%
AAPL Apple Inc.	4.92%	175,777	$39.0M	Reduce -4.2%
NVDA Nvidia Corp.	4.02%	294,490	$31.9M	Reduce -48.2%
AMZN Amazon.com Inc.	3.69%	153,946	$29.3M	Reduce -1.9%
GOOGL Alphabet Inc. Class A	3.38%	173,395	$26.8M	Reduce -3.5%
KO The Coca-Cola Co.	3.35%	370,909	$26.6M	Reduce -27.4%
AXS Axis Capital Holdings Ltd.	3.34%	264,360	$26.5M	New
CORT Corcept Therapeutics Inc.	2.46%	170,751	$19.5M	Reduce -63.1%
META Meta Platforms Inc. Class A	2.43%	33,455	$19.3M	Reduce -49.3%
LDOS Leidos Holdings Inc.	2.40%	141,314	$19.1M	Add +67.9%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	2.31%	438,944	$18.3M	Reduce -35.8%
COR Cencora Inc.	2.23%	63,464	$17.6M	Reduce -9.8%
PG The Procter & Gamble Co.	2.05%	95,440	$16.3M	Add +1383.6%
TSLA Tesla Inc.	1.93%	59,040	$15.3M	Reduce -29.7%
ADBE Adobe Inc.	1.83%	37,834	$14.5M	Add +508.8%
BRK.B Berkshire Hathaway Inc. Class B	1.63%	24,304	$12.9M	Add +0.9%
GILD Gilead Sciences Inc.	1.50%	106,500	$11.9M	Reduce -44.5%
AVGO Broadcom Inc.	1.43%	67,704	$11.3M	Add +243.7%
RSG Republic Services Inc.	1.43%	46,754	$11.3M	New
URI United Rentals Inc.	1.16%	14,663	$9.2M	New
CVX Chevron Corp.	1.13%	53,631	$9.0M	Reduce -0.5%
MDT Medtronic PLC	1.11%	98,314	$8.8M	Reduce -56.8%
VTI VG Morningstar TS MKT ETF-US	1.01%	29,259	$8.0M	Reduce -44.1%
HON Honeywell International Inc.	0.95%	35,489	$7.5M	Reduce -52.4%
FTSM First Trust Enh Short Mat FD	0.86%	114,063	$6.8M	Reduce -53.9%
ETN Eaton Corp. PLC	0.84%	24,499	$6.7M	Reduce -41.4%
O Realty Income Corp.	0.81%	110,887	$6.4M	Reduce -25.8%
SPGI S&P Global Inc.	0.78%	12,128	$6.2M	Reduce -49.2%
CMCSA Comcast Corp. Class A	0.73%	155,860	$5.8M	Reduce -47.7%
ABT Abbott Laboratories	0.69%	41,486	$5.5M	Reduce -25.0%
KMB Kimberly-Clark Corp.	0.69%	38,314	$5.4M	Add +15538.4%
CSCO Cisco Systems Inc.	0.66%	85,073	$5.2M	Reduce -7.7%
MA Mastercard Inc. Class A	0.66%	9,541	$5.2M	Reduce -50.8%
WTRG Essential Utilities Inc.	0.64%	128,722	$5.1M	Reduce -13.0%
ADI Analog Devices Inc.	0.64%	25,195	$5.1M	Reduce -1.5%
GE General Electric filed as GE AEROSPACE	0.64%	25,265	$5.1M	Reduce -47.6%
MO Altria Group Inc.	0.60%	78,680	$4.7M	Add +565.0%
USB US Bancorp	0.56%	104,392	$4.4M	Add +33683.8%
UNH Unitedhealth Group Inc.	0.54%	8,190	$4.3M	Reduce -49.0%
LMT Lockheed Martin Corp.	0.53%	9,421	$4.2M	Add +30.1%
AGG iShares Core U.S. Aggregate	0.52%	41,450	$4.1M	Reduce -43.6%
VZ Verizon Communications Inc.	0.50%	87,317	$4.0M	Reduce -17.3%
EPD Enterprise Products Partners	0.48%	111,912	$3.8M	Reduce -60.7%
COST Costco Wholesale Corp.	0.47%	3,906	$3.7M	Reduce -47.4%
KLAC KLA Corp.	0.44%	5,172	$3.5M	Reduce -9.9%
LLY Eli Lilly & Co.	0.43%	4,107	$3.4M	Reduce -41.4%
STIP iShares 0-5 Year Tips Bond E	0.41%	31,126	$3.2M	Add +1556200.0%
GHYG iShares Us&intl High Yield C	0.40%	71,647	$3.2M	New
SSGA ACTIVE TR	0.40%	73,402	$3.2M	New
JPIE JPMorgan Income ETF	0.40%	68,548	$3.2M	New
MRK Merck & Co. Inc.	0.39%	34,822	$3.1M	Reduce -82.3%
MSTR Strategy Inc. filed as MICROSTRATEGY INC	0.36%	10,036	$2.9M	Reduce -48.2%
NFG National Fuel Gas Co.	0.36%	36,474	$2.9M	Reduce -60.7%
DDIV First Trust Dorsey Wright Mo	0.33%	69,298	$2.6M	Add +66.4%
RPV Invesco S&P 500 Pure Value E	0.33%	27,941	$2.6M	Add +465583.3%
QMAG FT NDQ100 Mod Buff ETF - Aug	0.32%	126,534	$2.6M	Reduce -57.0%
ESGE iShares Inc. iShares ESG Awar	0.32%	73,145	$2.6M	Add +26595.3%
FDT First Trust Develp MKT Ex-US	0.32%	43,680	$2.5M	New
GAUG FT Vest US Equity Moderate B	0.29%	65,225	$2.3M	Reduce -55.8%
GVAL Cambria Global Value ETF	0.27%	86,203	$2.1M	New
ABBV Abbvie Inc.	0.27%	10,159	$2.1M	Add +15.7%
PVAL Putnam Focused LRG Cap Value	0.26%	53,538	$2.0M	Add +436.9%
GLD SPDR Gold Shares	0.26%	7,059	$2.0M	Reduce -34.9%
MTUM iShares MSCI USA Momentum Fa	0.25%	9,865	$2.0M	Add +246525.0%
CHE Chemed Corp.	0.24%	3,049	$1.9M	Add +108.4%
VEU Vanguard Ftse All-World Ex-U	0.23%	29,445	$1.8M	Reduce -38.1%
HCA HCA Healthcare Inc.	0.22%	5,073	$1.8M	Add +30.0%
SPY SS SPDR S&P 500 ETF Trust-US	0.22%	3,093	$1.7M	Reduce -62.7%
IAGG iShares Intl Aggregate Bond	0.22%	34,372	$1.7M	Reduce -47.2%
ICE Intercontinental Exchange Inc.	0.21%	9,770	$1.7M	Reduce -2.0%
VUG Vanguard Mrngstar GR ETF-Sui	0.21%	4,534	$1.7M	Reduce -46.5%
RING iShares MSCI Global Gold Min	0.20%	41,716	$1.6M	Reduce -59.4%
SLVP iShares MSCI Global Silver A	0.20%	104,422	$1.6M	Add +4455.9%
MLPX Global X MLP & Energy Infras	0.20%	24,428	$1.6M	New
KIE SS SPDR S&P Insurance ETF	0.19%	25,428	$1.5M	New
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.19%	45,608	$1.5M	Add +11715.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.17%	32,864	$1.4M	Add +38.7%
QMAR FT Vest Nasdaq-100 Buffer Et	0.17%	48,045	$1.4M	Add +187.0%
COP Conocophillips	0.16%	12,194	$1.3M	Add +2179.3%
FJAN FT Vest U.S. Equity Buffer E	0.16%	28,435	$1.3M	New
FJUL FT Vest US Equity Buffer ETF	0.16%	26,382	$1.3M	New
BIV Vanguard Intermediate-Term B	0.15%	16,005	$1.2M	Reduce -25.7%
BSX Boston Scientific Corp.	0.15%	11,929	$1.2M	New
WFC Wells Fargo & Co.	0.14%	15,540	$1.1M	Reduce -37.1%
MCD McDonald's Corp.	0.13%	3,261	$1.0M	Add +42.0%
GPK Graphic Packaging Holding Co.	0.13%	39,216	$1.0M	Reduce -39.0%
QSPT FT Vest Nasdaq-100 Buffer Et	0.13%	37,598	$997K	New
NBIX Neurocrine Biosciences Inc.	0.12%	8,765	$969K	Add +21.4%
SHY iShares 1-3 Year Treasury Bo	0.12%	11,448	$947K	Add +138.0%
CAT Caterpillar Inc.	0.11%	2,747	$906K	Add +0.0%
ELV Elevance Health Inc.	0.11%	2,061	$896K	New
JNJ Johnson & Johnson	0.11%	5,067	$840K	Reduce -60.2%
SLV iShares Silver Trust	0.11%	26,978	$836K	Add +297.6%
ADP Automatic Data Processing	0.10%	2,688	$821K	No change
FNDE Schwab Fndmntl Em MRK Eq ETF	0.10%	26,371	$812K	Reduce -50.1%
FTSD Franklin Short Duration U.S.	0.10%	8,806	$799K	Add +24.4%
BILS SS Spdrb B 3-12M T-Bill ETF	0.10%	8,000	$796K	New
USTB Victoryshares Short-Term Bon	0.10%	15,641	$792K	New
VOO Vanguard S&P 500 ETF	0.10%	1,538	$790K	Add +554.5%
QQQ Invesco QQQ Trust Series 1	0.10%	1,611	$755K	Add +77.6%
VIG Vanguard Dividend Apprec ETF	0.09%	3,668	$712K	Reduce -49.9%
BUFS Ftvest Lddrdsmcpmod Buff ETF	0.09%	33,943	$687K	New
MMM 3M Co.	0.08%	4,512	$663K	Add +122.7%
RSP Invesco S&P 500 Equal Weight	0.07%	3,432	$595K	Add +10625.0%
PLTR Palantir Technologies Inc. Class A	0.07%	7,017	$592K	Add +1.7%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.07%	3,542	$569K	Reduce -50.0%
XOM Exxon Mobil Corp.	0.07%	4,760	$566K	Reduce -56.3%
QDEC FT Vest Nasdaq-100 Buffer Et	0.07%	20,797	$544K	Add +178.3%
TLT iShares 20+ Year Treasury BD	0.07%	5,917	$539K	Add +214.9%
QMMY FT NDQ100 Mod Buff ETF - May	0.07%	25,705	$535K	Reduce -4.9%
ILF iShares Latin America 40 ETF	0.07%	21,982	$518K	Add +10622.9%
PM Philip Morris International	0.06%	3,224	$512K	Add +148.8%
GJAN FT Vest US Equity Moderate B	0.06%	13,510	$509K	New
UGA United States Gas Fund LP	0.06%	7,836	$503K	New
GAPR FT Vest US Equity Moderate B	0.06%	13,359	$502K	New
GSEP FT Vest US Equity Moderate B	0.06%	14,438	$499K	New
SPMO Invesco S&P 500 Momentum ETF	0.06%	5,310	$491K	Reduce -56.2%
PGR Progressive Corp.	0.06%	1,697	$480K	Reduce -52.1%
ICVT iShares Convertible Bond ETF	0.05%	5,155	$431K	Reduce -48.8%
FDG American Century Focused DYN	0.05%	4,688	$426K	Reduce -79.4%
TIP iShares Tips Bond ETF	0.05%	3,784	$420K	Reduce -60.6%
NEE Nextera Energy Inc.	0.05%	5,706	$404K	Reduce -50.0%
VEA Vanguard Ftse Developed ETF	0.05%	7,907	$402K	Add +4841.9%
BMY Bristol-Myers Squibb Co.	0.05%	6,510	$397K	Add +50.2%
SBUX Starbucks Corp.	0.05%	3,984	$391K	Reduce -37.5%
GDX Vaneck Gold Miners ETF	0.05%	8,484	$390K	Add +161.9%
PHYS Sprott Physical Gold Trust	0.05%	15,065	$362K	Add +218.4%
JHMM John Hancock Multi Fact Mid	0.05%	6,256	$358K	Reduce -50.0%
AFG American Financial Group Inc.	0.05%	2,721	$357K	New
CLX Clorox Company	0.04%	2,379	$350K	New
PSLV Sprott Physical Silver Trust	0.04%	29,606	$343K	Add +9.2%
VRP Invesco Variable Rate Prefer	0.04%	14,134	$343K	Reduce -57.4%
ANET Arista Networks Inc.	0.04%	4,143	$321K	New
BNDX Vanguard Total Intl Bond ETF	0.04%	6,551	$320K	Reduce -19.1%
FLRN SS SPDR BB Ig Float RT ETF	0.04%	10,000	$308K	New
OR Osisko Gold Royalties Ltd.	0.04%	14,270	$301K	New
FFIV F5 Inc.	0.04%	1,112	$296K	Reduce -50.0%
BWXT BWX Technologies Inc.	0.04%	3,000	$296K	New
PCAR Paccar Inc.	0.04%	3,036	$296K	Reduce -46.7%
XLG Invesco S&P 500 Top 50 ETF	0.04%	6,381	$294K	Reduce -68.3%
BUFQ FT VST Lad NSDQ Buf ETF-Usdi	0.04%	9,783	$292K	New
GSLC Goldman Activebeta US LC ETF	0.04%	2,609	$287K	Reduce -50.0%
EME Emcor Group Inc.	0.04%	771	$285K	New
HODL Vaneck Bitcoin ETF	0.04%	12,004	$280K	Reduce -50.0%
IJR iShares Core S&P Small-Cap E	0.04%	2,675	$280K	Reduce -78.1%
BA The Boeing Co.	0.03%	1,606	$274K	Reduce -4.2%
GOOG Alphabet Inc. Class C	0.03%	1,747	$273K	Add +45.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.03%	1,112	$272K	Reduce -50.0%
DFAC Dimensional US Core Equity 2	0.03%	8,210	$271K	Reduce -50.0%
GBTC Grayscale Bitcoin Trust ETF	0.03%	4,095	$267K	Reduce -50.1%
FTSL First Trust Senior Loan ETF	0.03%	5,802	$265K	Reduce -56.3%
PFF iShares Preferred & Income S	0.03%	8,380	$258K	Reduce -57.6%
DFUS Dimensional US Eq MKT ETF	0.03%	4,199	$254K	Reduce -23.0%
VCEB Vanguard ESG US Corp. Bond	0.03%	3,944	$248K	New
IVV iShares Core S&P 500 ETF	0.03%	437	$246K	Add +276.7%
WPM Wheaton Precious Metals Corp.	0.03%	3,050	$237K	New
V Visa Inc. Class A	0.03%	668	$234K	Reduce -99.2%
TECK Teck Resources Ltd.-CLS B	0.03%	6,194	$226K	Reduce -63.3%
SIVR Abrdn Physical Silver Shares	0.03%	6,916	$225K	New
EMHY iShares J.P. Morgan Em High	0.03%	5,833	$223K	Add +14.8%
BGLD FT Vest Gold Strategy Quarte	0.03%	10,170	$214K	Add +162.9%
FPXI First Trust International Eq	0.03%	4,361	$205K	New
DRD Drdgold Ltd.-Sponsored ADR	0.02%	10,855	$168K	Add +18615.5%
IAG Iamgold Corp.	0.02%	19,797	$124K	Reduce -60.8%
CDE Coeur Mining Inc.	0.01%	19,162	$113K	New
CLSK Cleanspark Inc.	0.01%	11,716	$79K	Reduce -17.0%
MVIS Microvision Inc.	0.01%	38,472	$48K	Add +27.2%
ESPR Esperion Therapeutics Inc.	0.01%	31,000	$45K	Add +3496.3%
ABSI Absci Corp.	0.00%	15,000	$38K	New

Portfolio Sells Q4 2024 → Q1 2025


BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -67.6%	6.17%	−5.51
V Visa Inc. Class A	Reduce -99.2%	0.03%	−1.82
PDD PDD Holdings Inc.	Sold out	0.00%	−1.80
NVDA Nvidia Corp.	Reduce -48.2%	4.02%	−1.71
MRK Merck & Co. Inc.	Reduce -82.3%	0.39%	−1.28
PSN Parsons Corp.	Sold out	0.00%	−0.97
AGYS Agilysys Inc.	Sold out	0.00%	−0.86
PGC Peapack Gladstone Finl Corp.	Sold out	0.00%	−0.75
LRCX Lam Research Corp.	Sold out	0.00%	−0.66
META Meta Platforms Inc. Class A	Reduce -49.3%	2.43%	−0.56
SGOV iShares 0-3 Month Treasury B	Reduce -44.0%	5.47%	−0.51
GARP iShares MSCI USA Quality Gar	Sold out	0.00%	−0.43
POR Portland General Electric Co.	Sold out	0.00%	−0.39
HYHG Proshares High Yield Interes	Sold out	0.00%	−0.39
HYS PIMCO 0-5 Year H/Y Corp. Bond	Sold out	0.00%	−0.39
MDT Medtronic PLC	Reduce -56.8%	1.11%	−0.38
FPEI First Trust Institutional PR	Sold out	0.00%	−0.38
CWB SS SPDR BB Conv Sec ETF	Sold out	0.00%	−0.38
TSLA Tesla Inc.	Reduce -29.7%	1.93%	−0.34
INKM SS Income Allocation ETF	Sold out	0.00%	−0.31
PFFA Virtus Infracap US Pref STCK	Sold out	0.00%	−0.31
PGX Invesco Preferred ETF	Sold out	0.00%	−0.31
HON Honeywell International Inc.	Reduce -52.4%	0.95%	−0.30
IBIT iShares Bitcoin Trust ETF	Sold out	0.00%	−0.30
IPO Renaissance Ipo ETF	Sold out	0.00%	−0.29
FTSM First Trust Enh Short Mat FD	Reduce -53.9%	0.86%	−0.28
SON Sonoco Products Co.	Sold out	0.00%	−0.28
XHB SS SPDR S&P Homebldrs ETF	Sold out	0.00%	−0.27
ETHA iShares Ethereum Trust ETF	Sold out	0.00%	−0.27
UTES Virtus Reaves Utilities ETF	Sold out	0.00%	−0.25
ETN Eaton Corp. PLC	Reduce -41.4%	0.84%	−0.23
MSFT Microsoft Corp.	Reduce -32.4%	8.43%	−0.21
TGT Target Corp.	Sold out	0.00%	−0.20
FOX Fox Corp. Class B	Sold out	0.00%	−0.20
EPD Enterprise Products Partners	Reduce -60.7%	0.48%	−0.19
CMCSA Comcast Corp. Class A	Reduce -47.7%	0.73%	−0.19
ESG NT Stoxx US ESG ETF	Sold out	0.00%	−0.18
HMC Honda Motor Co. Ltd.-Spons ADR	Sold out	0.00%	−0.17
OEF iShares S&P 100 ETF	Sold out	0.00%	−0.17
IJK iShares S&P Mid-Cap 400 Grow	Sold out	0.00%	−0.17
GRID First TRST Nasd Class Edg Sgiif	Sold out	0.00%	−0.16
SPGI S&P Global Inc.	Reduce -49.2%	0.78%	−0.16
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -62.7%	0.22%	−0.15
QMAG FT NDQ100 Mod Buff ETF - Aug	Reduce -57.0%	0.32%	−0.15
XLC SS Comm Select Sector SPDR	Sold out	0.00%	−0.15
SKYY First Trust Cloud Computing	Sold out	0.00%	−0.15
IYJ iShares U.S. Industrials ETF	Sold out	0.00%	−0.15
FAD First Trust Multi Cap Growth	Sold out	0.00%	−0.15
VTI VG Morningstar TS MKT ETF-US	Reduce -44.1%	1.01%	−0.15
ARKF ARK Blockchain & Fintech Inn	Sold out	0.00%	−0.14

Portfolio Buys Q4 2024 → Q1 2025


AXS Axis Capital Holdings Ltd.	New	3.34%	+3.34
PG The Procter & Gamble Co.	Add +1383.6%	2.05%	+1.97
ADBE Adobe Inc.	Add +508.8%	1.83%	+1.62
LDOS Leidos Holdings Inc.	Add +67.9%	2.40%	+1.47
RSG Republic Services Inc.	New	1.43%	+1.43
URI United Rentals Inc.	New	1.16%	+1.16
AVGO Broadcom Inc.	Add +243.7%	1.43%	+1.08
BRK.B Berkshire Hathaway Inc. Class B	Add +0.9%	1.63%	+0.79
KMB Kimberly-Clark Corp.	Add +15538.4%	0.69%	+0.68
USB US Bancorp	Add +33683.8%	0.56%	+0.55
MO Altria Group Inc.	Add +565.0%	0.60%	+0.55
STIP iShares 0-5 Year Tips Bond E	Add +1556200.0%	0.41%	+0.41
GHYG iShares Us&intl High Yield C	New	0.40%	+0.40
SSGA ACTIVE TR	New	0.40%	+0.40
JPIE JPMorgan Income ETF	New	0.40%	+0.40
RPV Invesco S&P 500 Pure Value E	Add +465583.3%	0.33%	+0.33
ESGE iShares Inc. iShares ESG Awar	Add +26595.3%	0.32%	+0.32
FDT First Trust Develp MKT Ex-US	New	0.32%	+0.32
GVAL Cambria Global Value ETF	New	0.27%	+0.27
LMT Lockheed Martin Corp.	Add +30.1%	0.53%	+0.26
MTUM iShares MSCI USA Momentum Fa	Add +246525.0%	0.25%	+0.25
PVAL Putnam Focused LRG Cap Value	Add +436.9%	0.26%	+0.23
DDIV First Trust Dorsey Wright Mo	Add +66.4%	0.33%	+0.21
MLPX Global X MLP & Energy Infras	New	0.20%	+0.20
SLVP iShares MSCI Global Silver A	Add +4455.9%	0.20%	+0.20
KIE SS SPDR S&P Insurance ETF	New	0.19%	+0.19
VICI Vici Properties Inc.	Add +11715.5%	0.19%	+0.19
CHE Chemed Corp.	Add +108.4%	0.24%	+0.18
FJAN FT Vest U.S. Equity Buffer E	New	0.16%	+0.16
FJUL FT Vest US Equity Buffer ETF	New	0.16%	+0.16
COP Conocophillips	Add +2179.3%	0.16%	+0.16
BSX Boston Scientific Corp.	New	0.15%	+0.15
ABBV Abbvie Inc.	Add +15.7%	0.27%	+0.15
QMAR FT Vest Nasdaq-100 Buffer Et	Add +187.0%	0.17%	+0.13
HCA HCA Healthcare Inc.	Add +30.0%	0.22%	+0.13
QSPT FT Vest Nasdaq-100 Buffer Et	New	0.13%	+0.13
ELV Elevance Health Inc.	New	0.11%	+0.11
BILS SS Spdrb B 3-12M T-Bill ETF	New	0.10%	+0.10
USTB Victoryshares Short-Term Bon	New	0.10%	+0.10
BAC Bank of America Corp.	Add +38.7%	0.17%	+0.09
SLV iShares Silver Trust	Add +297.6%	0.11%	+0.09
VOO Vanguard S&P 500 ETF	Add +554.5%	0.10%	+0.09
SHY iShares 1-3 Year Treasury Bo	Add +138.0%	0.12%	+0.09
BUFS Ftvest Lddrdsmcpmod Buff ETF	New	0.09%	+0.09
RSP Invesco S&P 500 Equal Weight	Add +10625.0%	0.07%	+0.07
MCD McDonald's Corp.	Add +42.0%	0.13%	+0.07
ILF iShares Latin America 40 ETF	Add +10622.9%	0.07%	+0.06
GJAN FT Vest US Equity Moderate B	New	0.06%	+0.06
UGA United States Gas Fund LP	New	0.06%	+0.06
GAPR FT Vest US Equity Moderate B	New	0.06%	+0.06

Notes & Other Activity Q4 2024 → Q1 2025


WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Sold out	26	$33Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	273	$1.1B	MSFT, NVDA, ABBV, GOOGL, AMZN
Q1 2026	251	$941.5M	BIL, MSFT, NVDA, AAPL, SGOV
Q4 2025	227	$961.6M	MSFT, NVDA, BIL, AAPL, SGOV
Q3 2025	251	$2.8B	MSFT, NVDA, BIL, SGOV, META
Q2 2025	185	$874.3M	MSFT, BIL, SGOV, NVDA, AAPL
Q1 2025	171	$793.1M	MSFT, BIL, SGOV, AAPL, NVDA
Q4 2024	876	$1.3B	BIL, MSFT, SGOV, NVDA, AAPL
Q3 2024	140	$657.4M	BIL, MSFT, AAPL, SGOV, NVDA
Q2 2024	139	$637.4M	BIL, MSFT, SGOV, NVDA, AAPL
Q1 2024	128	$588.8M	BIL, MSFT, SGOV, KO, AMZN