Synergy Asset Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 13, 2026), Synergy Asset Management, LLC reported 227 stock positions worth $961.6 million. Its top holding was Microsoft (MSFT) at 8.6% of the portfolio, followed by Nvidia (NVDA, 6.7%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 5.5%). Compared with Q3 2025, it opened 63 new positions, sold out of 87, added to 24 and reduced 138. The biggest buy was a new position in Oruka Therapeutics (ORKA) and the biggest sale Microsoft (MSFT, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- VANCOUVER, WA
- CIK
- 0001699080
- Portfolio Value
- $961.6M (Q4 2025)
- SEC Filing
- 0001699080-26-000002 ↗ filed Jan 13, 2026
Holdings Value
Holdings 227 stocks · $961.6M
| MSFT Microsoft Corp. | 8.64% | 171,715 | $83.0M | Reduce -72.2% |
| NVDA Nvidia Corp. | 6.74% | 347,604 | $64.8M | Reduce -66.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 5.48% | 576,488 | $52.7M | Reduce -69.3% |
| AAPL Apple Inc. | 5.21% | 184,308 | $50.1M | Reduce -43.8% |
| SGOV iShares 0-3 Month Treasury B | 4.37% | 418,999 | $42.1M | Reduce -75.4% |
| GOOGL Alphabet Inc. Class A | 3.57% | 109,786 | $34.4M | Reduce -54.8% |
| CFG Citizens Financial Group | 3.52% | 579,218 | $33.8M | Reduce -49.0% |
| AMZN Amazon.com Inc. | 3.52% | 146,497 | $33.8M | Reduce -43.2% |
| META Meta Platforms Inc. Class A | 3.25% | 47,394 | $31.3M | Reduce -66.6% |
| KO The Coca-Cola Co. | 3.06% | 420,190 | $29.4M | Reduce -62.2% |
| BSX Boston Scientific Corp. | 2.46% | 248,110 | $23.7M | Reduce -49.7% |
| ABBV Abbvie Inc. | 2.39% | 100,679 | $23.0M | Reduce -9.1% |
| AXS Axis Capital Holdings Ltd. | 2.33% | 208,896 | $22.4M | Reduce -40.7% |
| AVGO Broadcom Inc. | 2.16% | 60,137 | $20.8M | Reduce -34.4% |
| COST Costco Wholesale Corp. | 1.79% | 19,946 | $17.2M | Reduce -38.3% |
| TSLA Tesla Inc. | 1.50% | 32,177 | $14.5M | Reduce -84.2% |
| ORKA Oruka Therapeutics Inc. | 1.45% | 458,946 | $13.9M | New |
| BROS Dutch Bros Inc. Class A | 1.42% | 223,067 | $13.7M | New |
| MUX McEwen Inc. | 1.41% | 731,860 | $13.5M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.40% | 19,779 | $13.5M | Add +61.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.25% | 35,821 | $12.0M | Reduce -71.3% |
| TDY Teledyne Technologies Inc. | 1.24% | 23,375 | $11.9M | Reduce -45.5% |
| MELI MercadoLibre Inc. | 1.09% | 5,195 | $10.5M | New |
| CALX Calix Inc. | 1.04% | 189,221 | $10.0M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.81% | 15,488 | $7.8M | Reduce -86.9% |
| MU Micron Technology Inc. | 0.80% | 26,867 | $7.7M | Reduce -69.3% |
| USB US Bancorp | 0.72% | 129,629 | $6.9M | Add +8.1% |
| LRCX Lam Research Corp. | 0.70% | 39,136 | $6.7M | Reduce -61.5% |
| CSCO Cisco Systems Inc. | 0.69% | 86,380 | $6.7M | Reduce -66.5% |
| V Visa Inc. Class A | 0.67% | 18,475 | $6.5M | Reduce -63.1% |
| JPM JPMorgan Chase & Co. | 0.66% | 19,800 | $6.4M | Add +560.2% |
| WFC Wells Fargo & Co. | 0.63% | 65,407 | $6.1M | Reduce -48.9% |
| COR Cencora Inc. | 0.58% | 16,393 | $5.5M | Reduce -49.2% |
| ISRG Intuitive Surgical Inc. | 0.57% | 9,602 | $5.4M | New |
| RIO Rio Tinto PLC-Spon ADR | 0.55% | 65,544 | $5.2M | Reduce -68.1% |
| AGG iShares Core U.S. Aggregate | 0.52% | 50,056 | $5.0M | Reduce -71.8% |
| ETN Eaton Corp. PLC | 0.52% | 15,668 | $5.0M | Reduce -76.7% |
| DUK Duke Energy Corp. | 0.50% | 41,282 | $4.8M | New |
| NFLX Netflix Inc. | 0.50% | 51,191 | $4.8M | New |
| GPC Genuine Parts Co. | 0.47% | 36,898 | $4.5M | Reduce -65.8% |
| LLY Eli Lilly & Co. | 0.47% | 4,202 | $4.5M | Reduce -92.3% |
| SON Sonoco Products Co. | 0.43% | 94,561 | $4.1M | New |
| XOM Exxon Mobil Corp. | 0.43% | 34,135 | $4.1M | Reduce -32.0% |
| O Realty Income Corp. | 0.40% | 68,742 | $3.9M | Reduce -68.4% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.40% | 136,767 | $3.8M | Add +91.6% |
| UGI Ugi Corp. | 0.39% | 99,667 | $3.7M | New |
| VZ Verizon Communications Inc. | 0.37% | 88,343 | $3.6M | Reduce -63.8% |
| VGIT Vanguard Intermediate-Term T | 0.37% | 59,114 | $3.5M | New |
| EMB iShares JP Morgan Usd Emergi | 0.36% | 36,434 | $3.5M | Add +255.7% |
| FPEI First Trust Institutional PR | 0.36% | 177,348 | $3.4M | Reduce -56.2% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.35% | 35,739 | $3.4M | New |
| GLD SPDR Gold Shares | 0.35% | 8,536 | $3.4M | Reduce -50.9% |
| FTSM First Trust Enh Short Mat FD | 0.35% | 56,298 | $3.4M | Reduce -62.7% |
| MDT Medtronic PLC | 0.35% | 35,072 | $3.4M | Reduce -86.4% |
| FAUG FT Vest U.S. Equity Buffer E | 0.34% | 60,985 | $3.2M | Reduce -33.6% |
| T AT&T Inc. | 0.34% | 129,926 | $3.2M | Add +1724.5% |
| AMCR Amcor PLC | 0.33% | 384,895 | $3.2M | Reduce -58.7% |
| WTRG Essential Utilities Inc. | 0.32% | 79,824 | $3.1M | Reduce -65.9% |
| CWEN Clearway Energy Inc. Class C | 0.31% | 90,647 | $3.0M | Reduce -60.4% |
| EFV iShares MSCI Eafe Value ETF | 0.30% | 40,036 | $2.9M | Add +950.3% |
| XME SS SPDR S&P Metals Mining | 0.29% | 26,507 | $2.7M | Add +60.9% |
| SPHB Invesco S&P 500 High Beta Et | 0.28% | 22,745 | $2.7M | New |
| RDVY First Trust Rising Dividend | 0.27% | 37,377 | $2.6M | New |
| INGM Ingram Micro Holding Corp. | 0.27% | 119,994 | $2.6M | Add +14.0% |
| IWN iShares Russell 2000 Value E | 0.26% | 13,705 | $2.5M | New |
| VLUE iShares MSCI USA Value Facto | 0.25% | 17,481 | $2.4M | New |
| RPV Invesco S&P 500 Pure Value E | 0.25% | 22,863 | $2.4M | New |
| IVLU iShares MSCI International V | 0.25% | 62,082 | $2.4M | New |
| DDIV First Trust Dorsey Wright Mo | 0.24% | 55,678 | $2.3M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 3,674 | $2.3M | Reduce -32.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 4,511 | $2.2M | Reduce -72.9% |
| VEA Vanguard Ftse Developed ETF | 0.23% | 34,924 | $2.2M | Reduce -71.3% |
| EZA iShares MSCI South Africa Et | 0.23% | 31,553 | $2.2M | New |
| VEU Vanguard Ftse All-World Ex-U | 0.22% | 28,511 | $2.1M | Reduce -72.2% |
| KBWB Invesco KBW Bank ETF | 0.22% | 24,757 | $2.1M | New |
| IAGG iShares Intl Aggregate Bond | 0.21% | 40,285 | $2.0M | Reduce -69.1% |
| PG The Procter & Gamble Co. | 0.20% | 13,406 | $1.9M | Reduce -42.6% |
| VOO Vanguard S&P 500 ETF | 0.20% | 3,022 | $1.9M | Reduce -65.2% |
| FJUL FT Vest US Equity Buffer ETF | 0.19% | 31,878 | $1.8M | Reduce -59.6% |
| CAT Caterpillar Inc. | 0.18% | 2,993 | $1.7M | Reduce -68.5% |
| ILF iShares Latin America 40 ETF | 0.17% | 54,444 | $1.7M | Add +9.1% |
| PLTR Palantir Technologies Inc. Class A | 0.17% | 8,960 | $1.6M | Reduce -68.8% |
| QMAR FT Vest Nasdaq-100 Buffer Et | 0.16% | 47,297 | $1.6M | Reduce -67.1% |
| INVA Innoviva Inc. | 0.15% | 74,359 | $1.5M | Reduce -26.7% |
| PSLV Sprott Physical Silver Trust | 0.15% | 61,986 | $1.5M | Reduce -38.3% |
| FJAN FT Vest U.S. Equity Buffer E | 0.15% | 27,971 | $1.4M | Reduce -67.1% |
| DFSD Dimensional Short Duration | 0.15% | 29,929 | $1.4M | Add +3.0% |
| BGC BGC Group Inc. Class A | 0.14% | 151,156 | $1.3M | Reduce -50.8% |
| BKR Baker Hughes Co. | 0.12% | 26,351 | $1.2M | Reduce -33.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 21,557 | $1.2M | Reduce -82.4% |
| QSPT FT Vest Nasdaq-100 Buffer Et | 0.12% | 36,734 | $1.2M | Reduce -67.2% |
| DRSK Aptus Defined Risk ETF | 0.12% | 40,771 | $1.2M | New |
| SPGI S&P Global Inc. | 0.12% | 2,192 | $1.1M | Reduce -91.5% |
| DAN Dana Inc. | 0.12% | 46,641 | $1.1M | Reduce -62.5% |
| HCSG Healthcare Services Group | 0.11% | 56,315 | $1.1M | Reduce -66.9% |
| GL Globe Life Inc. | 0.11% | 7,617 | $1.1M | Reduce -92.4% |
| BIV Vanguard Intermediate-Term B | 0.11% | 13,487 | $1.1M | Reduce -69.1% |
| MCD McDonald's Corp. | 0.11% | 3,371 | $1.0M | Reduce -82.3% |
| PEP Pepsico Inc. | 0.10% | 7,001 | $1.0M | Reduce -70.7% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.10% | 27,705 | $999K | Reduce -71.0% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -72.2% | 8.64% | −2.71 |
| SGOV iShares 0-3 Month Treasury B | Reduce -75.4% | 4.37% | −1.84 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −1.47 |
| IRDM Iridium Communications Inc. | Sold out | 0.00% | −1.45 |
| CORT Corcept Therapeutics Inc. | Sold out | 0.00% | −1.43 |
| NEM Newmont Corp. | Sold out | 0.00% | −1.38 |
| DOCS Doximity Inc. Class A | Sold out | 0.00% | −1.34 |
| LDOS Leidos Holdings Inc. | Sold out | 0.00% | −1.33 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -86.9% | 0.81% | −1.33 |
| UNP Union Pacific Corp. | Reduce -99.1% | 0.03% | −1.10 |
| LLY Eli Lilly & Co. | Reduce -92.3% | 0.47% | −1.06 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.98 |
| TSLA Tesla Inc. | Reduce -84.2% | 1.50% | −0.95 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -69.3% | 5.48% | −0.76 |
| COP Conocophillips | Sold out | 0.00% | −0.66 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.59 |
| GAUG FT Vest US Equity Moderate B | Sold out | 0.00% | −0.53 |
| META Meta Platforms Inc. Class A | Reduce -66.6% | 3.25% | −0.52 |
| IBIT iShares Bitcoin Trust ETF | Reduce -97.4% | 0.03% | −0.52 |
| MDT Medtronic PLC | Reduce -86.4% | 0.35% | −0.46 |
| MA Mastercard Inc. Class A | Reduce -98.1% | 0.03% | −0.43 |
| GL Globe Life Inc. | Reduce -92.4% | 0.11% | −0.40 |
| EVRG Evergy Inc. | Sold out | 0.00% | −0.37 |
| SPGI S&P Global Inc. | Reduce -91.5% | 0.12% | −0.37 |
| ETN Eaton Corp. PLC | Reduce -76.7% | 0.52% | −0.37 |
| CVX Chevron Corp. | Reduce -98.1% | 0.02% | −0.35 |
| ES Eversource Energy | Reduce -96.4% | 0.04% | −0.35 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.34 |
| GE General Electric | Reduce -94.4% | 0.08% | −0.33 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.30 |
| ANGL Vaneck Fallen Angel High YLD | Sold out | 0.00% | −0.28 |
| IBND SS SPDR BB Intl Corp. BD ETF | Sold out | 0.00% | −0.28 |
| TDIV FT Nasdaq Tech DVD Index FD | Sold out | 0.00% | −0.27 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.26 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.26 |
| INNOVATOR IBD 50 ETF | Sold out | 0.00% | −0.26 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.22 |
| MRK Merck & Co. Inc. | Reduce -95.0% | 0.05% | −0.20 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.18 |
| IPKW Invesco International Buybac | Sold out | 0.00% | −0.18 |
| OEF iShares S&P 100 ETF | Sold out | 0.00% | −0.18 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -71.3% | 1.25% | −0.17 |
| MSM MSC Industrial Direct Co. Class A | Sold out | 0.00% | −0.15 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.15 |
| SDIV Global X Superdividend ETF | Sold out | 0.00% | −0.15 |
| IMOM Alpha Intl Quant Mom ETF | Sold out | 0.00% | −0.14 |
| FALN iShares Fallen Angels ETF | Sold out | 0.00% | −0.14 |
| FEMB First Trust Emerging Markets | Sold out | 0.00% | −0.14 |
| IGIB iShares 5-10Y Inv Grade Corp. | Sold out | 0.00% | −0.14 |
| SHLD Global X Defense Tech ETF | Sold out | 0.00% | −0.13 |
Portfolio Buys Q3 2025 → Q4 2025
| ORKA Oruka Therapeutics Inc. | New | 1.45% | +1.45 |
| BROS Dutch Bros Inc. Class A | New | 1.42% | +1.42 |
| MUX McEwen Inc. | New | 1.41% | +1.41 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +61.8% | 1.40% | +1.12 |
| MELI MercadoLibre Inc. | New | 1.09% | +1.09 |
| CALX Calix Inc. | New | 1.04% | +1.04 |
| JPM JPMorgan Chase & Co. | Add +560.2% | 0.66% | +0.63 |
| ISRG Intuitive Surgical Inc. | New | 0.57% | +0.57 |
| USB US Bancorp | Add +8.1% | 0.72% | +0.52 |
| DUK Duke Energy Corp. | New | 0.50% | +0.50 |
| NFLX Netflix Inc. | New | 0.50% | +0.50 |
| SON Sonoco Products Co. | New | 0.43% | +0.43 |
| UGI Ugi Corp. | New | 0.39% | +0.39 |
| VGIT Vanguard Intermediate-Term T | New | 0.37% | +0.37 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | New | 0.35% | +0.35 |
| EMB iShares JP Morgan Usd Emergi | Add +255.7% | 0.36% | +0.33 |
| T AT&T Inc. | Add +1724.5% | 0.34% | +0.33 |
| VICI Vici Properties Inc. | Add +91.6% | 0.40% | +0.32 |
| EFV iShares MSCI Eafe Value ETF | Add +950.3% | 0.30% | +0.29 |
| SPHB Invesco S&P 500 High Beta Et | New | 0.28% | +0.28 |
| RDVY First Trust Rising Dividend | New | 0.27% | +0.27 |
| IWN iShares Russell 2000 Value E | New | 0.26% | +0.26 |
| VLUE iShares MSCI USA Value Facto | New | 0.25% | +0.25 |
| RPV Invesco S&P 500 Pure Value E | New | 0.25% | +0.25 |
| IVLU iShares MSCI International V | New | 0.25% | +0.25 |
| DDIV First Trust Dorsey Wright Mo | New | 0.24% | +0.24 |
| XME SS SPDR S&P Metals Mining | Add +60.9% | 0.29% | +0.24 |
| EZA iShares MSCI South Africa Et | New | 0.23% | +0.23 |
| KBWB Invesco KBW Bank ETF | New | 0.22% | +0.22 |
| INGM Ingram Micro Holding Corp. | Add +14.0% | 0.27% | +0.18 |
| ILF iShares Latin America 40 ETF | Add +9.1% | 0.17% | +0.12 |
| DRSK Aptus Defined Risk ETF | New | 0.12% | +0.12 |
| DFSD Dimensional Short Duration | Add +3.0% | 0.15% | +0.10 |
| RSP Invesco S&P 500 Equal Weight | New | 0.09% | +0.09 |
| MO Altria Group Inc. | New | 0.07% | +0.07 |
| COPX Global X Copper Miners ETF | New | 0.07% | +0.07 |
| LIT Global X Lithium & Battery T | New | 0.06% | +0.06 |
| BOND PIMCO Active Bond Exchange-T | New | 0.06% | +0.06 |
| AMD Advanced Micro Devices | Add +16.6% | 0.06% | +0.05 |
| BEAM Beam Therapeutics Inc. | Add +57.5% | 0.05% | +0.04 |
| SPHY SS SPDR P High Yield ETF | New | 0.04% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +0.3% | 0.06% | +0.04 |
| FGD First Trust DJ GL Sel DVD | New | 0.04% | +0.04 |
| XCCC Bondbloxx-CCC-Usd HY Corp. BD | New | 0.04% | +0.04 |
| HYUP XTRS Hi Beta Hi Yield ETF | New | 0.04% | +0.04 |
| EUHY iShares Euro High Yield Corp. | New | 0.04% | +0.04 |
| CVS CVS Health Corp. | Add +19.3% | 0.05% | +0.04 |
| SBRA Sabra Health Care REIT Inc. | New | 0.03% | +0.03 |
| VTIP Vanguard Short-Term Tips | Add +16.4% | 0.05% | +0.03 |
| QQMG Invesco ESG Nasdaq 100 | New | 0.03% | +0.03 |
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 |