Synergy Investment Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Synergy Investment Management, LLC reported 128 stock positions worth $261.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 9.5% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 7.8%) and iShares Core S&P 500 ETF (IVV, 5.5%). Compared with Q2 2025, it opened 49 new positions, sold out of 1, added to 29 and reduced 30. The biggest buy was a new position in Ishrs US E F R A ETF-Usd (DYNF) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −81%).

Most Recent 13F
Q2 2026
Location
ALTAMONTE SPRINGS, FL
CIK
0002053786
Portfolio Value
$261.8M (Q3 2025)
SEC Filing
0002053786-25-000006 ↗ filed Nov 7, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q4 2024: $232.5M Q4 2024 Q1 2025: $239.5M Q1 2025 Q2 2025: $165.9M Q2 2025 Q3 2025: $261.8M $261.8M Q3 2025 Q4 2025: $282.5M Q4 2025 Q1 2026: $305.7M Q1 2026 Q2 2026: $413.4M Q2 2026

Holdings 128 stocks · $261.8M
VOO Vanguard S&P 500 ETF 9.53% 40,735 $24.9M Add +1.0%
VUG Vanguard Mrngstar GR ETF-Sui 7.81% 42,620 $20.4M Reduce -3.4%
IVV iShares Core S&P 500 ETF 5.54% 21,656 $14.5M Add +13.0%
DYNF Ishrs US E F R A ETF-Usd Inc. 4.58% 202,686 $12.0M New
SPYG SS SPDR P S&P 500 Growth ETF 4.20% 105,326 $11.0M Add +4.5%
SPHQ Invesco S&P 500 Quality ETF 3.44% 122,864 $9.0M New
SPTI SS SPDR P Int Term TSY ETF 3.34% 302,762 $8.7M Add +2.5%
SPYV SS SPDR P S&P 500 Value ETF 3.07% 145,226 $8.0M Add +16.3%
IEMG iShares Core MSCI Emerging 3.04% 120,939 $8.0M Add +90.6%
OEF iShares S&P 100 ETF 2.78% 21,886 $7.3M Add +74.4%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 2.48% 154,625 $6.5M New
UCON First Trust Smith Unconstrai 2.42% 251,837 $6.3M New
SPTS SS SPDR P St Term TSY ETF 1.87% 166,706 $4.9M Add +7.7%
BAI Ishrs AI in and Tech Act ETF 1.84% 140,781 $4.8M New
BINC iShares Flex I A ETF-Usd Inc. 1.75% 85,905 $4.6M New
IAU iShares Gold Trust 1.67% 59,931 $4.4M New
FAD First Trust Multi Cap Growth 1.61% 26,270 $4.2M New
AUSF Global X Adaptive US Factor 1.54% 86,673 $4.0M New
SPYM Ste STR SPDR PT S&P 500 ETF 1.54% 51,369 $4.0M Reduce -0.6%
EFV iShares MSCI Eafe Value ETF 1.49% 57,690 $3.9M Reduce -33.8%
FPEI First Trust Institutional PR 1.45% 195,683 $3.8M New
THRO iShares U.S. Thematic Rotati 1.38% 95,179 $3.6M New
VTI VG Morningstar TS MKT ETF-US 1.33% 10,592 $3.5M Reduce -4.8%
CGGR Cap Group Growth Equity 1.23% 73,118 $3.2M New
NVDA Nvidia Corp. 1.09% 15,254 $2.8M Reduce -1.5%
CGMS Cap Group US Multi-Sect Bond 1.07% 100,949 $2.8M New
SCHD Schwab US DVD Equity ETF 1.06% 101,635 $2.8M Reduce -81.0%
IUS Invesco Rafi Strategic US Et 1.05% 49,768 $2.7M New
AMZN Amazon.com Inc. 1.04% 12,380 $2.7M Reduce -1.6%
SECT Main Sector Rotation ETF 1.01% 42,072 $2.7M Reduce -4.7%
SPMO Invesco S&P 500 Momentum ETF 0.95% 20,600 $2.5M New
SHLD Global X Defense Tech ETF 0.88% 32,679 $2.3M New
IEFA iShares Core MSCI Eafe ETF 0.85% 25,583 $2.2M Reduce -18.9%
QQQ Invesco QQQ Trust Series 1 0.68% 2,945 $1.8M New
MUB iShares National Muni Bond E 0.67% 16,430 $1.7M Add +44.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.59% 8,277 $1.5M Reduce -1.4%
IVW iShares S&P 500 Growth ETF 0.57% 12,406 $1.5M Add +15.5%
BND Vanguard Total Bond Market 0.54% 18,923 $1.4M No change
AAPL Apple Inc. 0.52% 5,368 $1.4M Add +7.2%
FMHI First Trust Municipal High I 0.51% 27,975 $1.3M New
CGCB Cap Group Core Bond 0.50% 49,145 $1.3M New
PZA Invesco National Amt-Free Mu 0.40% 45,585 $1.1M New
META Meta Platforms Inc. Class A 0.39% 1,391 $1.0M No change
GOOG Alphabet Inc. Class C 0.38% 4,093 $997K No change
CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED 0.37% 27,915 $969K New
LLY Eli Lilly & Co. 0.36% 1,237 $944K No change
JMUB JPMorgan Municipal ETF 0.35% 18,283 $923K New
MSFT Microsoft Corp. 0.35% 1,781 $922K Add +0.1%
IUSV iShares Core S&P U.S. Value 0.34% 8,939 $893K Reduce -49.3%
EFG iShares MSCI Eafe Growth ETF 0.32% 7,289 $830K Reduce -68.3%
BUFR FT Vest Lad Buffervetf-Usd I 0.31% 24,518 $819K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.31% 1,996 $803K Add +2.9%
IWB iShares Russell 1000 ETF 0.31% 2,194 $802K No change
DBEF Xtrackers MSCI Eafe Hedged E 0.30% 17,043 $791K Reduce -5.0%
RDVY First Trust Rising Dividend 0.30% 11,553 $777K Add +21.8%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.29% 5,550 $764K No change
VXF Vanguard Extended Market ETF 0.28% 3,445 $721K Add +1.9%
CGCV Cap Group Conservative Eq filed as CAPITAL GROUP CONSERVATIVE E 0.27% 23,275 $701K New
SPLV Invesco S&P 500 Low Volatili 0.27% 9,510 $699K New
USFR Wisdomtree Floating Rate Tre 0.25% 13,025 $655K New
UNH Unitedhealth Group Inc. 0.25% 1,886 $651K Add +7.5%
SPSM SS SPDR P S&P 600 Small Cap 0.24% 13,797 $639K Reduce -79.3%
QCOM Qualcomm Inc. 0.22% 3,489 $580K No change
XMLV Invesco S&P Midcap Low Volat 0.22% 8,861 $563K New
FTCB FT Core Investment Grade ETF 0.21% 26,247 $559K New
SUB iShares Short-Term National 0.21% 5,177 $553K Reduce -15.1%
HIMU iShares High Yild Muni A ETF 0.20% 10,530 $518K New
ICVT iShares Convertible Bond ETF 0.20% 5,121 $512K Add +9.5%
IAGG iShares Intl Aggregate Bond 0.19% 9,905 $507K Add +19.8%
CHKP Check Point Software Tech 0.19% 2,450 $507K No change
CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE 0.19% 14,500 $502K New
TSLA Tesla Inc. 0.19% 1,098 $488K Reduce -4.8%
QLTA iShares Aaa - A Rated Corpor 0.18% 9,789 $474K Add +19.1%
BRK.B Berkshire Hathaway Inc. Class B 0.18% 922 $464K Add +5.0%
GOOGL Alphabet Inc. Class A 0.18% 1,898 $461K Add +5.7%
FTCS First Trust Capital Strength 0.17% 4,767 $446K Reduce -6.7%
JNJ Johnson & Johnson 0.16% 2,267 $420K Reduce -14.8%
SPTM SS SPDR P S&P 1500 Comp ETF 0.16% 5,198 $419K Reduce -12.3%
FVD First Trust Value Line DVD 0.16% 9,033 $418K Reduce -2.2%
VEA Vanguard Ftse Developed ETF 0.16% 6,957 $417K No change
MBB iShares MBS ETF 0.16% 4,327 $412K Reduce -27.6%
VGSH Vanguard Short-Term Treasury 0.16% 6,953 $409K Reduce -24.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 610 $406K Add +5.7%
DRI Darden Restaurants Inc. 0.15% 2,125 $405K No change
CGMU Cap Group Municipal Income 0.15% 14,700 $401K New
CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT 0.15% 11,735 $401K New
FNDF Schwab Fndmn Intl LRG Co. ETF 0.15% 9,249 $397K Add +24.2%
ADP Automatic Data Processing 0.15% 1,342 $394K No change
BOND PIMCO Active Bond Exchange-T 0.15% 4,185 $391K Add +35.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.15% 3,364 $385K Reduce -8.1%
IJH iShares Core S&P Midcap ETF 0.15% 5,880 $384K Add +0.1%
XLK SS Technology Select Sector 0.14% 1,312 $370K Reduce -9.6%
TDIV FT Nasdaq Tech DVD Index FD 0.14% 3,684 $363K Reduce -5.8%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.13% 6,088 $350K New
USIG iShares Broad Usd Investment 0.13% 6,655 $348K Reduce -32.0%
IJR iShares Core S&P Small-Cap E 0.13% 2,911 $346K No change
AVDV Avantis Intl S/C Value ETF 0.12% 3,633 $323K New
AXON Axon Enterprise Inc. 0.12% 450 $323K New
ITA iShares U.S. Aerospace & Def 0.12% 1,506 $315K Reduce -6.2%
IGRO iShares Intl Div Growth ETF 0.12% 3,896 $310K Add +16.0%
BALI Is US LRG CP Pre Inc. Act-Usd 0.12% 9,626 $306K New
FBND Fidelity Total Bond ETF 0.11% 6,500 $301K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.11% 6,997 $299K Reduce -16.4%
QYLD Global X Nasd 100 Cov Call 0.11% 17,591 $299K New
EELV Invesco S&P Emerging Markets 0.11% 11,237 $299K New
FDX FedEx Corp. 0.11% 1,265 $298K No change
MRSH Marsh & McLennan Cos 0.11% 1,426 $287K No change
SLV iShares Silver Trust 0.11% 6,653 $282K No change
MCD McDonald's Corp. 0.11% 918 $279K Reduce -1.1%
XMHQ Invesco S&P Midcap Qual ETF 0.10% 2,526 $265K New
WTPI Wisdomtree Equity Premium Inc. 0.10% 7,850 $261K Add +3.0%
BIDD iShares International Divide 0.10% 9,280 $260K New
FTGS First Trust Grwth Strgth ETF 0.10% 7,015 $252K New
CGHM Cap Group Muni High-Income 0.09% 9,750 $247K New
PFLT Pennantpark Floating Rate Ca 0.09% 27,102 $241K Add +8.4%
GLD SPDR Gold Shares 0.09% 667 $237K No change
IVE iShares S&P 500 Value ETF 0.09% 1,145 $236K No change
JPM JPMorgan Chase & Co. 0.09% 743 $234K No change
DFAS Dimensional US Small Cap ETF 0.09% 3,300 $226K New
FIIG FT Intermed Dur Ig Corp. ETF 0.08% 10,402 $221K New
CIBR First Trust Nasdaq Cybersecu 0.08% 2,852 $217K Add +5.5%
GRMN Garmin Ltd. 0.08% 879 $216K New
IWF iShares Russell 1000 Growth 0.08% 451 $211K New
VB Vanguard Most SM-Cap ETF-Usd 0.08% 823 $209K Reduce -40.4%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.08% 1,183 $207K New
IWV iShares Russell 3000 ETF 0.08% 540 $205K New
V Visa Inc. Class A 0.08% 597 $204K No change
FMF First Trust Managed Futures 0.08% 4,173 $203K New

Portfolio Sells Q2 2025 → Q3 2025
SCHD Schwab US DVD Equity ETF Reduce -81.0% 1.06% −7.47
VUG Vanguard Mrngstar GR ETF-Sui Reduce -3.4% 7.81% −3.85
EFV iShares MSCI Eafe Value ETF Reduce -33.8% 1.49% −1.84
SPSM SS SPDR P S&P 600 Small Cap Reduce -79.3% 0.24% −1.47
EFG iShares MSCI Eafe Growth ETF Reduce -68.3% 0.32% −1.24
IEFA iShares Core MSCI Eafe ETF Reduce -18.9% 0.85% −0.73
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -0.6% 1.54% −0.73
VTI VG Morningstar TS MKT ETF-US Reduce -4.8% 1.33% −0.71
IUSV iShares Core S&P U.S. Value Reduce -49.3% 0.34% −0.66
AMZN Amazon.com Inc. Reduce -1.6% 1.04% −0.63
SECT Main Sector Rotation ETF Reduce -4.7% 1.01% −0.53
NVDA Nvidia Corp. Reduce -1.5% 1.09% −0.39
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.4% 0.59% −0.30
MBB iShares MBS ETF Reduce -27.6% 0.16% −0.18
SUB iShares Short-Term National Reduce -15.1% 0.21% −0.18
HEFA Isha Curr Hedged MSCI Eafe Sold out 0.00% −0.18
DBEF Xtrackers MSCI Eafe Hedged E Reduce -5.0% 0.30% −0.17
USIG iShares Broad Usd Investment Reduce -32.0% 0.13% −0.17
VGSH Vanguard Short-Term Treasury Reduce -24.4% 0.16% −0.17
DIS The Walt Disney Co. Reduce -8.1% 0.15% −0.13
VB Vanguard Most SM-Cap ETF-Usd Reduce -40.4% 0.08% −0.12
FTCS First Trust Capital Strength Reduce -6.7% 0.17% −0.11
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -12.3% 0.16% −0.11
SPDW Ste STR SPDR PT DW Eu ETF Reduce -16.4% 0.11% −0.09
FVD First Trust Value Line DVD Reduce -2.2% 0.16% −0.09
JNJ Johnson & Johnson Reduce -14.8% 0.16% −0.08
XLK SS Technology Select Sector Reduce -9.6% 0.14% −0.08
TDIV FT Nasdaq Tech DVD Index FD Reduce -5.8% 0.14% −0.07
ITA iShares U.S. Aerospace & Def Reduce -6.2% 0.12% −0.06
MCD McDonald's Corp. Reduce -1.1% 0.11% −0.06
TSLA Tesla Inc. Reduce -4.8% 0.19% −0.03

Portfolio Buys Q2 2025 → Q3 2025
DYNF Ishrs US E F R A ETF-Usd Inc. New 4.58% +4.58
SPHQ Invesco S&P 500 Quality ETF New 3.44% +3.44
CGDV Cap Group Dividend Value New 2.48% +2.48
UCON First Trust Smith Unconstrai New 2.42% +2.42
BAI Ishrs AI in and Tech Act ETF New 1.84% +1.84
BINC iShares Flex I A ETF-Usd Inc. New 1.75% +1.75
IAU iShares Gold Trust New 1.67% +1.67
FAD First Trust Multi Cap Growth New 1.61% +1.61
AUSF Global X Adaptive US Factor New 1.54% +1.54
FPEI First Trust Institutional PR New 1.45% +1.45
THRO iShares U.S. Thematic Rotati New 1.38% +1.38
CGGR Cap Group Growth Equity New 1.23% +1.23
CGMS Cap Group US Multi-Sect Bond New 1.07% +1.07
IUS Invesco Rafi Strategic US Et New 1.05% +1.05
SPMO Invesco S&P 500 Momentum ETF New 0.95% +0.95
SHLD Global X Defense Tech ETF New 0.88% +0.88
IEMG iShares Core MSCI Emerging Add +90.6% 3.04% +0.75
QQQ Invesco QQQ Trust Series 1 New 0.68% +0.68
FMHI First Trust Municipal High I New 0.51% +0.51
CGCB Cap Group Core Bond New 0.50% +0.50
OEF iShares S&P 100 ETF Add +74.4% 2.78% +0.48
PZA Invesco National Amt-Free Mu New 0.40% +0.40
CGBL Cap Group Core Balanced New 0.37% +0.37
JMUB JPMorgan Municipal ETF New 0.35% +0.35
BUFR FT Vest Lad Buffervetf-Usd I New 0.31% +0.31
CGCV Cap Group Conservative Eq New 0.27% +0.27
SPLV Invesco S&P 500 Low Volatili New 0.27% +0.27
USFR Wisdomtree Floating Rate Tre New 0.25% +0.25
XMLV Invesco S&P Midcap Low Volat New 0.22% +0.22
FTCB FT Core Investment Grade ETF New 0.21% +0.21
HIMU iShares High Yild Muni A ETF New 0.20% +0.20
CGDG Cap Group Dividend Growers New 0.19% +0.19
CGGO Cap Group Global Growth New 0.15% +0.15
CGMU Cap Group Municipal Income New 0.15% +0.15
JEPQ JPM Nasdaq Equity Premium New 0.13% +0.13
AVDV Avantis Intl S/C Value ETF New 0.12% +0.12
AXON Axon Enterprise Inc. New 0.12% +0.12
BALI Is US LRG CP Pre Inc. Act-Usd New 0.12% +0.12
QYLD Global X Nasd 100 Cov Call New 0.11% +0.11
EELV Invesco S&P Emerging Markets New 0.11% +0.11
XMHQ Invesco S&P Midcap Qual ETF New 0.10% +0.10
BIDD iShares International Divide New 0.10% +0.10
FTGS First Trust Grwth Strgth ETF New 0.10% +0.10
CGHM Cap Group Muni High-Income New 0.09% +0.09
DFAS Dimensional US Small Cap ETF New 0.09% +0.09
FIIG FT Intermed Dur Ig Corp. ETF New 0.08% +0.08
GRMN Garmin Ltd. New 0.08% +0.08
IWF iShares Russell 1000 Growth New 0.08% +0.08
VOE Vngrd Mrngstr MD-Cap Val ETF New 0.08% +0.08
IWV iShares Russell 3000 ETF New 0.08% +0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,086$413.4MIVV, VOO, VUG, DYNF, SPYG
Q1 2026 907$305.7MVOO, IVV, VUG, DYNF, SPYV
Q4 2025 130$282.5MVOO, VUG, IVV, DYNF, SPYV
Q3 2025 128$261.8MVOO, VUG, IVV, DYNF, SPYG
Q2 2025 80$165.9MVOO, VUG, SCHD, IVV, SPYG
Q1 2025 598$239.5MVOO, VUG, IVV, SCHD, TLT
Q4 2024 636$232.5MVOO, VUG, IVV, IUSV, SPTI