Syon Capital LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Syon Capital LLC reported 724 stock positions worth $1.5 billion. Its top holding was iShares California Muni Bond (CMF) at 4.5% of the portfolio, followed by DoorDash Class A (DASH, 4.2%) and Meta Platforms Class A (META, 3.5%). Compared with Q1 2025, it opened 210 new positions, sold out of 68, added to 332 and reduced 177. The biggest buy was a new position in DoorDash Class A (DASH) and the biggest sale iShares California Muni Bond (CMF, shares −10%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001999353
Portfolio Value
$1.5B (Q2 2025)
SEC Filing
0001765380-25-000375 ↗ filed Aug 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.5B $1.5B Q2 2025 Q3 2025: $1.9B Q3 2025 Q4 2025: $2.0B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 724 stocks · $1.5B
CMF iShares California Muni Bond 4.45% 1,205,909 $67.2M Reduce -10.4%
DASH DoorDash Inc. Class A 4.17% 255,347 $62.9M New
META Meta Platforms Inc. Class A 3.46% 70,801 $52.3M Add +111.0%
MSFT Microsoft Corp. 3.04% 92,295 $45.9M Add +9.5%
NVDA Nvidia Corp. 2.82% 269,390 $42.6M Add +13.5%
CLOI Vaneck Clo ETF 2.78% 791,212 $41.9M Reduce -7.1%
AAPL Apple Inc. 2.44% 179,476 $36.8M Add +2.7%
SPAB SS SPDR P Agg Bond ETF 2.23% 1,314,862 $33.7M Reduce -0.7%
IVV iShares Core S&P 500 ETF 2.12% 51,545 $32.0M Reduce -10.2%
PWZ Invesco California Amt-Free 2.09% 1,351,618 $31.5M Add +28.9%
XYZ Block Inc. 1.99% 441,619 $30.0M Add +96.0%
AGG iShares Core U.S. Aggregate 1.85% 281,602 $27.9M Add +24.6%
IEMG iShares Core MSCI Emerging 1.84% 461,354 $27.7M Reduce -4.3%
IAGG iShares Intl Aggregate Bond 1.73% 511,823 $26.1M Add +51.6%
PCY Invesco Emerging Markets Sov 1.71% 1,262,281 $25.8M Reduce -31.1%
AGZ iShares Agency Bond ETF 1.37% 187,866 $20.6M New
GOOGL Alphabet Inc. Class A 1.36% 116,808 $20.6M Add +40.4%
IGIB iShares 5-10Y Inv Grade Corp. 1.35% 382,140 $20.4M Reduce -2.9%
IAU iShares Gold Trust 1.33% 322,102 $20.1M Reduce -8.0%
AMZN Amazon.com Inc. 1.21% 83,383 $18.3M Add +9.3%
AVGO Broadcom Inc. 1.16% 63,312 $17.5M Add +4.4%
GDX Vaneck Gold Miners ETF 1.15% 333,283 $17.4M Reduce -17.3%
XCEM Columbia Em Core Ex-China 1.02% 451,576 $15.4M Add +8.9%
MCHI iShares MSCI China ETF 1.01% 275,877 $15.2M Reduce -0.2%
VIG Vanguard Dividend Apprec ETF 0.93% 68,581 $14.0M Reduce -10.2%
EZU iShares MSCI Eurozone ETF 0.84% 213,639 $12.7M Add +3.2%
IBIT iShares Bitcoin Trust ETF 0.82% 201,437 $12.3M New
JPM JPMorgan Chase & Co. 0.74% 38,645 $11.2M Add +10.7%
BRK.B Berkshire Hathaway Inc. Class B 0.68% 21,156 $10.3M Add +16.4%
GOOG Alphabet Inc. Class C 0.65% 55,116 $9.8M Add +1.5%
LLY Eli Lilly & Co. 0.62% 12,041 $9.4M Add +3.2%
GLD SPDR Gold Shares 0.60% 29,595 $9.0M Reduce -12.3%
EVR Evercore Inc. Class A 0.57% 31,589 $8.5M Add +1819.1%
RING iShares MSCI Global Gold Min 0.56% 194,047 $8.5M Reduce -14.6%
V Visa Inc. Class A 0.55% 23,195 $8.2M Add +6.7%
COST Costco Wholesale Corp. 0.52% 7,969 $7.9M Add +15.2%
NFLX Netflix Inc. 0.52% 5,857 $7.8M Add +4.6%
EMB iShares JP Morgan Usd Emergi 0.51% 83,381 $7.7M Reduce -21.5%
XOM Exxon Mobil Corp. 0.51% 71,314 $7.7M Reduce -6.6%
DOCU Docusign Inc. 0.48% 93,645 $7.3M Add +4.0%
EPP iShares MSCI Pacific Ex Japa 0.48% 147,298 $7.3M Add +48.1%
WMT Walmart Inc. 0.47% 73,160 $7.2M Add +1.9%
VGT Vanguard Info Tech ETF 0.43% 9,768 $6.5M Reduce -5.8%
EWU iShares MSCI United Kingdom 0.43% 162,366 $6.4M Add +6.9%
TSLA Tesla Inc. 0.41% 19,552 $6.2M Add +71.9%
IJH iShares Core S&P Midcap ETF 0.41% 98,907 $6.1M New
MA Mastercard Inc. Class A 0.41% 10,916 $6.1M Add +4.7%
EMXC iShares MSCI Emr MRK Ex Chna 0.39% 92,313 $5.8M Reduce -32.3%
SPOT Spotify Technology SA 0.38% 7,522 $5.8M Add +59.2%
VIS Vanguard Industrials ETF 0.36% 19,277 $5.4M Reduce -6.5%
ORCL Oracle Corp. 0.34% 23,803 $5.2M Reduce -5.4%
VWO Vanguard Ftse Emerging Marke 0.34% 105,073 $5.2M Reduce -1.1%
RBLX Roblox Corp. Class A 0.33% 47,402 $5.0M New
EWD iShares MSCI Sweden ETF 0.33% 107,274 $4.9M Add +1.9%
PG The Procter & Gamble Co. 0.31% 29,581 $4.7M Reduce -2.8%
HD Home Depot Inc. 0.30% 12,295 $4.5M Add +40.7%
GS Goldman Sachs Group Inc. 0.29% 6,211 $4.4M Add +12.3%
EEM iShares MSCI Emerging Market 0.29% 89,504 $4.3M Reduce -10.8%
VTV Vanguard Mrngstr Val ETF-Aui 0.28% 23,914 $4.2M Reduce -17.9%
JNJ Johnson & Johnson 0.27% 26,403 $4.0M Reduce -10.3%
XLV SS Health Care Select Sector 0.27% 29,823 $4.0M Reduce -48.6%
XONE Bondbloxx BBG 1 Dur US Treas 0.26% 80,072 $4.0M New
ABBV Abbvie Inc. 0.26% 21,348 $4.0M Reduce -6.1%
GBIL Goldman Sachs Access Treasur 0.26% 39,030 $3.9M Add +5.9%
VOO Vanguard S&P 500 ETF 0.25% 6,666 $3.8M Reduce -11.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 79,723 $3.8M Add +25.0%
SGOL Abrdn Physical Gold Shares 0.24% 115,136 $3.6M No change
IEUR iShares Core MSCI Europe ETF 0.23% 51,682 $3.4M Add +117.1%
EWJ iShares MSCI Japan ETF 0.23% 45,508 $3.4M Reduce -1.3%
IYF iShares US Financials ETF 0.21% 26,031 $3.1M Reduce -0.5%
ABT Abbott Laboratories 0.21% 22,792 $3.1M Add +1.3%
XLC SS Comm Select Sector SPDR 0.20% 28,394 $3.1M Reduce -5.5%
LIN Linde PLC 0.20% 6,421 $3.0M Add +5.5%
COP Conocophillips 0.20% 32,969 $3.0M Reduce -2.9%
UNH Unitedhealth Group Inc. 0.19% 9,355 $2.9M Reduce -34.8%
PM Philip Morris International 0.19% 15,722 $2.9M Add +17.1%
INTU Intuit Inc. 0.19% 3,620 $2.9M Add +33.4%
MPC Marathon Petroleum Corp. 0.18% 16,768 $2.8M Add +1.1%
VDE Vanguard Energy ETF 0.18% 23,239 $2.8M Reduce -34.2%
BSX Boston Scientific Corp. 0.18% 25,465 $2.7M Add +20.2%
PGR Progressive Corp. 0.18% 10,150 $2.7M Reduce -1.9%
GE General Electric filed as GE AEROSPACE 0.18% 10,509 $2.7M Add +15.3%
KO The Coca-Cola Co. 0.18% 38,058 $2.7M Reduce -3.5%
EWC iShares MSCI Canada ETF 0.17% 56,134 $2.6M Reduce -12.9%
MS Morgan Stanley 0.17% 18,205 $2.6M Add +8.0%
IJR iShares Core S&P Small-Cap E 0.17% 23,122 $2.5M Reduce -71.0%
CAT Caterpillar Inc. 0.17% 6,426 $2.5M Reduce -2.1%
ETN Eaton Corp. PLC 0.16% 6,962 $2.5M Add +22.8%
SYK Stryker Corp. 0.16% 6,115 $2.4M Add +0.7%
AMD Advanced Micro Devices 0.16% 17,031 $2.4M Add +10.5%
HODL Vaneck Bitcoin ETF 0.15% 76,524 $2.3M Reduce -87.0%
JAAA Janus Henderson Aaa Clo ETF 0.15% 44,912 $2.3M New
MCD McDonald's Corp. 0.15% 7,763 $2.3M Add +4.7%
COF Capital One Financial Corp. 0.15% 10,538 $2.2M Add +119.1%
AMGN Amgen Inc. 0.15% 7,980 $2.2M Reduce -10.3%
AMAT Applied Materials Inc. 0.15% 12,135 $2.2M Add +8.0%
AXP American Express Co. 0.15% 6,882 $2.2M Add +16.8%
BLK BlackRock Inc. 0.14% 2,084 $2.2M Add +13.9%
ADBE Adobe Inc. 0.14% 5,645 $2.2M Add +16.1%
ISRG Intuitive Surgical Inc. 0.14% 3,994 $2.2M Reduce -0.8%

Show all 724 holdings

Options reported separately and not counted above: DOCU calls ($6.8M).

Portfolio Sells Q1 2025 → Q2 2025
CMF iShares California Muni Bond Reduce -10.4% 4.45% −1.72
PCY Invesco Emerging Markets Sov Reduce -31.1% 1.71% −1.30
TLH iShares 10-20 Year Treasury Sold out 0.00% −1.27
HODL Vaneck Bitcoin ETF Reduce -87.0% 0.15% −0.96
CLOI Vaneck Clo ETF Reduce -7.1% 2.78% −0.89
IEF iShares 7-10 Year Treasury B Reduce -97.6% 0.02% −0.79
SPAB SS SPDR P Agg Bond ETF Reduce -0.7% 2.23% −0.52
IJR iShares Core S&P Small-Cap E Reduce -71.0% 0.17% −0.51
IVV iShares Core S&P 500 ETF Reduce -10.2% 2.12% −0.50
XLV SS Health Care Select Sector Reduce -48.6% 0.27% −0.42
UNH Unitedhealth Group Inc. Reduce -34.8% 0.19% −0.42
GDX Vaneck Gold Miners ETF Reduce -17.3% 1.15% −0.36
IAU iShares Gold Trust Reduce -8.0% 1.33% −0.35
IGIB iShares 5-10Y Inv Grade Corp. Reduce -2.9% 1.35% −0.33
IEMG iShares Core MSCI Emerging Reduce -4.3% 1.84% −0.28
VIG Vanguard Dividend Apprec ETF Reduce -10.2% 0.93% −0.28
EMB iShares JP Morgan Usd Emergi Reduce -21.5% 0.51% −0.27
XOM Exxon Mobil Corp. Reduce -6.6% 0.51% −0.23
EMXC iShares MSCI Emr MRK Ex Chna Reduce -32.3% 0.39% −0.23
MCHI iShares MSCI China ETF Reduce -0.2% 1.01% −0.22
GLD SPDR Gold Shares Reduce -12.3% 0.60% −0.19
VDE Vanguard Energy ETF Reduce -34.2% 0.18% −0.19
RING iShares MSCI Global Gold Min Reduce -14.6% 0.56% −0.15
PULS Pgim Ultra Short Bond ETF Reduce -47.1% 0.11% −0.14
CVX Chevron Corp. Reduce -29.1% 0.13% −0.14
JNJ Johnson & Johnson Reduce -10.3% 0.27% −0.13
VTV Vanguard Mrngstr Val ETF-Aui Reduce -17.9% 0.28% −0.13
ABBV Abbvie Inc. Reduce -6.1% 0.26% −0.13
VDC Vanguard Consumer Staple ETF Reduce -36.3% 0.13% −0.12
PG The Procter & Gamble Co. Reduce -2.8% 0.31% −0.11
MRK Merck & Co. Inc. Reduce -26.3% 0.12% −0.10
TMO Thermo Fisher Scientific Inc. Reduce -33.8% 0.08% −0.10
PEP Pepsico Inc. Reduce -38.5% 0.08% −0.10
COP Conocophillips Reduce -2.9% 0.20% −0.09
SPSM SS SPDR P S&P 600 Small Cap Reduce -42.7% 0.08% −0.09
NTNX Nutanix Inc. Class A Reduce -56.9% 0.05% −0.08
AMGN Amgen Inc. Reduce -10.3% 0.15% −0.08
EEM iShares MSCI Emerging Market Reduce -10.8% 0.29% −0.07
VCR Vanguard Consumer Discre ETF Reduce -26.4% 0.14% −0.07
VOO Vanguard S&P 500 ETF Reduce -11.6% 0.25% −0.06
VGIT Vanguard Intermediate-Term T Sold out 0.00% −0.06
PGR Progressive Corp. Reduce -1.9% 0.18% −0.06
VIS Vanguard Industrials ETF Reduce -6.5% 0.36% −0.06
KO The Coca-Cola Co. Reduce -3.5% 0.18% −0.05
IUSV iShares Core S&P U.S. Value Reduce -24.6% 0.09% −0.05
PFE Pfizer Inc. Reduce -30.9% 0.06% −0.05
SLB SLB Ltd. Reduce -40.9% 0.03% −0.05
VWO Vanguard Ftse Emerging Marke Reduce -1.1% 0.34% −0.05
BMY Bristol-Myers Squibb Co. Reduce -27.1% 0.04% −0.05
FSZ First Trust Switzerland Reduce -45.3% 0.05% −0.05

Portfolio Buys Q1 2025 → Q2 2025
DASH DoorDash Inc. Class A New 4.17% +4.17
META Meta Platforms Inc. Class A Add +111.0% 3.46% +1.89
AGZ iShares Agency Bond ETF New 1.37% +1.37
XYZ Block Inc. Add +96.0% 1.99% +0.99
IBIT iShares Bitcoin Trust ETF New 0.82% +0.82
NVDA Nvidia Corp. Add +13.5% 2.82% +0.72
EVR Evercore Inc. Class A Add +1819.1% 0.57% +0.54
MSFT Microsoft Corp. Add +9.5% 3.04% +0.47
IJH iShares Core S&P Midcap ETF New 0.41% +0.41
IAGG iShares Intl Aggregate Bond Add +51.6% 1.73% +0.36
RBLX Roblox Corp. Class A New 0.33% +0.33
AVGO Broadcom Inc. Add +4.4% 1.16% +0.33
GOOGL Alphabet Inc. Class A Add +40.4% 1.36% +0.32
XONE Bondbloxx BBG 1 Dur US Treas New 0.26% +0.26
TSLA Tesla Inc. Add +71.9% 0.41% +0.17
SPOT Spotify Technology SA Add +59.2% 0.38% +0.17
JAAA Janus Henderson Aaa Clo ETF New 0.15% +0.15
EPP iShares MSCI Pacific Ex Japa Add +48.1% 0.48% +0.12
XHLF Bondbloxx BBG 6 MTH US Treas New 0.11% +0.11
IEUR iShares Core MSCI Europe ETF Add +117.1% 0.23% +0.11
NFLX Netflix Inc. Add +4.6% 0.52% +0.09
COF Capital One Financial Corp. Add +119.1% 0.15% +0.08
VTI VG Morningstar TS MKT ETF-US New 0.08% +0.08
ZBRA Zebra Technologies Corp. Class A New 0.06% +0.06
ST Sensata Technologies Holdplc New 0.05% +0.05
PWZ Invesco California Amt-Free Add +28.9% 2.09% +0.05
INTU Intuit Inc. Add +33.4% 0.19% +0.05
TTEK Tetra Tech Inc. New 0.05% +0.05
BRK.A Berkshire Hathaway Inc. Class A New 0.05% +0.05
JBHT Hunt (jb) Transprt SVCS Inc. New 0.05% +0.05
PLTR Palantir Technologies Inc. Class A Add +38.3% 0.10% +0.05
LECO Lincoln Electric Holdings New 0.05% +0.05
JPM JPMorgan Chase & Co. Add +10.7% 0.74% +0.05
GS Goldman Sachs Group Inc. Add +12.3% 0.29% +0.05
ETSY Etsy Inc. New 0.04% +0.04
ANET Arista Networks Inc. Add +44.7% 0.11% +0.04
WDC Western Digital Corp. New 0.04% +0.04
ON On Semiconductor New 0.04% +0.04
CCK Crown Holdings Inc. New 0.04% +0.04
ETN Eaton Corp. PLC Add +22.8% 0.16% +0.04
CCL Carnival Corp. New 0.04% +0.04
HD Home Depot Inc. Add +40.7% 0.30% +0.04
RL Ralph Lauren Corp. New 0.04% +0.04
FDIS Fidelity MSCI Cons Discr Ind New 0.04% +0.04
IWB iShares Russell 1000 ETF New 0.04% +0.04
SWKS Skyworks Solutions Inc. New 0.04% +0.04
EPR Epr Properties New 0.04% +0.04
MU Micron Technology Inc. Add +29.1% 0.11% +0.04
ERIC Ericsson (lm) Tel-SP ADR Add +66.0% 0.11% +0.04
HWM Howmet Aerospace Inc. Add +56.7% 0.08% +0.04

Options Activity Q1 2025 → Q2 2025
DOCU Docusign Inc. call New 87,400 $6.8M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 949$2.3BGOOGL, CMF, AAPL, NVDA, IEMG
Q1 2026 906$2.0BCMF, GOOGL, AAPL, NVDA, META
Q4 2025 895$2.0BCMF, NVDA, AAPL, DASH, META
Q3 2025 810$1.9BDASH, CMF, NVDA, MSFT, META
Q2 2025 724$1.5BCMF, DASH, META, MSFT, NVDA
Q1 2025 582$1.2BCMF, CLOI, AAPL, PCY, SPAB
Q4 2024 561$1.1BSPAB, CLOI, IAGG, PCY, AAPL
Q3 2024 464$1.1BSPAB, IAGG, IEF, PCY, IEMG
Q2 2024 447$1.1BSPAB, SHY, IAGG, IEF, PCY
Q1 2024 450$1.1BSPAB, SHY, IAGG, IEF, PCY