Tamar Securities, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Tamar Securities, LLC reported 71 stock positions worth $736.0 million. Its top holding was International Bancshares CRP (IBOC) at 6.2% of the portfolio, followed by Amazon.com (AMZN, 5.0%) and Alphabet Class C (GOOG, 4.9%). Compared with Q4 2024, it opened 5 new positions, sold out of 2, added to 46 and reduced 16. The biggest buy was Elevance Health (ELV, shares +61%) and the biggest sale United Parcel Service Class B (UPS, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- Woodland Hills, CA
- CIK
- 0001703081
- Portfolio Value
- $736.0M (Q1 2025)
- SEC Filing
- 0001172661-25-002224 ↗ filed May 15, 2025
Holdings Value
Holdings 71 stocks · $736.0M
| IBOC International Bancshares CRP | 6.15% | 718,117 | $45.3M | Add +18.0% |
| AMZN Amazon.com Inc. | 5.04% | 195,062 | $37.1M | Add +5.0% |
| GOOG Alphabet Inc. Class C | 4.94% | 232,873 | $36.4M | Add +2.8% |
| MSFT Microsoft Corp. | 4.65% | 91,257 | $34.3M | Add +3.4% |
| AAPL Apple Inc. | 4.36% | 144,521 | $32.1M | Add +0.8% |
| META Meta Platforms Inc. Class A | 3.86% | 49,350 | $28.4M | Add +12.3% |
| ELV Elevance Health Inc. | 3.76% | 63,665 | $27.7M | Add +61.0% |
| MELI MercadoLibre Inc. | 3.41% | 12,862 | $25.1M | Reduce -1.1% |
| V Visa Inc. Class A | 3.21% | 67,385 | $23.6M | Add +13.2% |
| ASML ASML Holding NV-NY Reg SHS | 3.06% | 34,002 | $22.5M | Add +24.4% |
| RTX RTX Corp. | 2.88% | 159,797 | $21.2M | Add +4.0% |
| QCOM Qualcomm Inc. | 2.84% | 135,973 | $20.9M | Reduce -26.8% |
| SNPS Synopsys Inc. | 2.78% | 47,769 | $20.5M | Add +2.8% |
| AMGN Amgen Inc. | 2.78% | 65,650 | $20.5M | Add +15.0% |
| BMY Bristol-Myers Squibb Co. | 2.70% | 325,455 | $19.8M | Reduce -22.2% |
| BABA Alibaba Group Holding-SP ADR | 2.64% | 146,737 | $19.4M | Reduce -2.0% |
| XOM Exxon Mobil Corp. | 2.61% | 161,640 | $19.2M | Add +1.9% |
| PYPL PayPal Holdings Inc. | 2.56% | 288,503 | $18.8M | Add +9.9% |
| SHW The Sherwin-Williams Co. | 2.47% | 51,987 | $18.2M | Add +5.2% |
| LMT Lockheed Martin Corp. | 2.42% | 39,951 | $17.8M | Add +6.2% |
| REGN Regeneron Pharmaceuticals | 2.42% | 28,134 | $17.8M | Add +37.9% |
| FCX Freeport-McMoran Inc. | 2.32% | 450,879 | $17.1M | Add +9.6% |
| TSLA Tesla Inc. | 2.20% | 62,601 | $16.2M | Reduce -3.9% |
| INTC Intel Corp. | 1.80% | 583,183 | $13.2M | Reduce -1.3% |
| FDN First Trust DJ Internet Ind | 1.68% | 55,814 | $12.4M | Add +25.2% |
| NVDA Nvidia Corp. | 1.65% | 111,951 | $12.1M | Add +445.5% |
| XLV SS Health Care Select Sector | 1.55% | 78,247 | $11.4M | Add +6.5% |
| CDNS Cadence Design SYS Inc. | 1.51% | 43,559 | $11.1M | Reduce -49.2% |
| XLF SS Financial Select Sector | 1.43% | 211,272 | $10.5M | Reduce -0.8% |
| XLK SS Technology Select Sector | 1.35% | 48,009 | $9.9M | Reduce -24.8% |
| XLI SS Industrial Select Sector | 1.20% | 67,176 | $8.8M | Add +3.5% |
| COWZ Pacer US Cash Cows 100 ETF | 1.14% | 152,716 | $8.4M | Add +7.3% |
| PWR Quanta Services Inc. | 1.06% | 30,780 | $7.8M | New |
| XLY SS Consumer Disc Select Sect | 0.96% | 35,713 | $7.1M | Add +6.0% |
| VWO Vanguard Ftse Emerging Marke | 0.95% | 153,749 | $7.0M | Add +8.4% |
| GLD SPDR Gold Shares | 0.91% | 23,304 | $6.7M | Add +29.3% |
| VST Vistra Corp. | 0.86% | 54,127 | $6.4M | New |
| SMH Vaneck Semiconductor ETF | 0.84% | 29,303 | $6.2M | Add +7.7% |
| VEA Vanguard Ftse Developed ETF | 0.79% | 114,698 | $5.8M | Add +8.5% |
| XLE SS Energy Select Sector | 0.72% | 56,436 | $5.3M | Add +0.5% |
| KWEB Kranesh Csi China Internet | 0.62% | 130,175 | $4.5M | Add +79.3% |
| XLB SS Materials Select Sector | 0.61% | 52,466 | $4.5M | Add +17.3% |
| XBI SS SPDR S&P Biotech ETF | 0.54% | 49,083 | $4.0M | Add +15.2% |
| GOOGL Alphabet Inc. Class A | 0.25% | 12,026 | $1.9M | Reduce -5.0% |
| VOO Vanguard S&P 500 ETF | 0.21% | 3,005 | $1.5M | Add +2.5% |
| PLTR Palantir Technologies Inc. Class A | 0.12% | 10,792 | $911K | Add +21.2% |
| COST Costco Wholesale Corp. | 0.11% | 842 | $796K | Add +0.6% |
| IBIT iShares Bitcoin Trust ETF | 0.10% | 15,403 | $721K | Add +6.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 1,317 | $618K | Add +27.3% |
| JPM JPMorgan Chase & Co. | 0.08% | 2,314 | $568K | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.06% | 2,696 | $451K | Add +55.9% |
| WMT Walmart Inc. | 0.06% | 4,914 | $431K | Add +7.0% |
| TXN Texas Instruments Inc. | 0.05% | 2,158 | $388K | Reduce -0.2% |
| MA Mastercard Inc. Class A | 0.05% | 693 | $380K | Reduce -0.3% |
| ETHA iShares Ethereum Trust ETF | 0.05% | 27,021 | $373K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 683 | $364K | Reduce -2.4% |
| BTT BlackRock 2030 Muni TRGT TRM | 0.05% | 16,835 | $357K | Add +0.0% |
| AFL Aflac Inc. | 0.05% | 3,102 | $345K | No change |
| AMD Advanced Micro Devices | 0.04% | 3,036 | $312K | Add +20.6% |
| FBTC Fidelity Wise Origin Bitcoin | 0.04% | 4,223 | $304K | Add +5.0% |
| COIN Coinbase Global Inc. Class A | 0.04% | 1,656 | $285K | Add +31.6% |
| C Citigroup Inc. | 0.04% | 3,964 | $281K | Add +0.3% |
| PG The Procter & Gamble Co. | 0.04% | 1,647 | $281K | New |
| SKX Skechers USA Inc. Class A | 0.04% | 4,703 | $267K | No change |
| NXPI NXP Semiconductors NV | 0.03% | 1,205 | $229K | Reduce -22.8% |
| MRK Merck & Co. Inc. | 0.03% | 2,317 | $208K | Add +2.6% |
| RKLB Rocket Lab USA Inc. | 0.03% | 11,300 | $202K | No change |
| UBER Uber Technologies Inc. | 0.02% | 2,502 | $182K | New |
| UPS United Parcel Service Class B | 0.02% | 1,152 | $127K | Reduce -99.1% |
| RUM Rum Group Inc. filed as RUMBLE INC | 0.01% | 12,201 | $86K | Add +0.6% |
| NVNO Envveno Medical Corporation | 0.01% | 13,990 | $37K | No change |
Options reported separately and not counted above: AMZN calls ($266K), ASML calls ($265K), UPS calls ($165K), SNPS calls ($86K), PWR calls ($51K), INTC calls ($45K), UBER calls ($36K), GOOG calls ($31K), QCOM calls ($31K), TSLA calls ($26K), AVGO calls ($17K), FCX calls ($15K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 878 | $1.1M | Reduce -2.2% |
Total filed on the 13F, all lines: $737.1M.
Portfolio Sells Q4 2024 → Q1 2025
| UPS United Parcel Service Class B | Reduce -99.1% | 0.02% | −2.18 |
| CDNS Cadence Design SYS Inc. | Reduce -49.2% | 1.51% | −2.06 |
| TSLA Tesla Inc. | Reduce -3.9% | 2.20% | −1.43 |
| QCOM Qualcomm Inc. | Reduce -26.8% | 2.84% | −1.11 |
| XLK SS Technology Select Sector | Reduce -24.8% | 1.35% | −0.70 |
| BMY Bristol-Myers Squibb Co. | Reduce -22.2% | 2.70% | −0.57 |
| ETHE Grayscale Ethereum Staking E | Sold out | 0.00% | −0.10 |
| GOOGL Alphabet Inc. Class A | Reduce -5.0% | 0.25% | −0.08 |
| NXPI NXP Semiconductors NV | Reduce -22.8% | 0.03% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -0.2% | 0.05% | −0.00 |
| BHATF Blue Hat Interactive Enterta | Sold out | 0.00% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -0.3% | 0.08% | +0.00 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 0.05% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.4% | 0.05% | +0.01 |
| XLF SS Financial Select Sector | Reduce -0.8% | 1.43% | +0.01 |
| INTC Intel Corp. | Reduce -1.3% | 1.80% | +0.16 |
| MELI MercadoLibre Inc. | Reduce -1.1% | 3.41% | +0.35 |
| BABA Alibaba Group Holding-SP ADR | Reduce -2.0% | 2.64% | +0.88 |
Portfolio Buys Q4 2024 → Q1 2025
| ELV Elevance Health Inc. | Add +61.0% | 3.76% | +1.74 |
| NVDA Nvidia Corp. | Add +445.5% | 1.65% | +1.27 |
| PWR Quanta Services Inc. | New | 1.06% | +1.06 |
| VST Vistra Corp. | New | 0.86% | +0.86 |
| IBOC International Bancshares CRP | Add +18.0% | 6.15% | +0.84 |
| AMGN Amgen Inc. | Add +15.0% | 2.78% | +0.72 |
| V Visa Inc. Class A | Add +13.2% | 3.21% | +0.61 |
| ASML ASML Holding NV-NY Reg SHS | Add +24.4% | 3.06% | +0.44 |
| RTX RTX Corp. | Add +4.0% | 2.88% | +0.42 |
| REGN Regeneron Pharmaceuticals | Add +37.9% | 2.42% | +0.41 |
| KWEB Kranesh Csi China Internet | Add +79.3% | 0.62% | +0.32 |
| GLD SPDR Gold Shares | Add +29.3% | 0.91% | +0.31 |
| META Meta Platforms Inc. Class A | Add +12.3% | 3.86% | +0.31 |
| XOM Exxon Mobil Corp. | Add +1.9% | 2.61% | +0.25 |
| FDN First Trust DJ Internet Ind | Add +25.2% | 1.68% | +0.19 |
| XLV SS Health Care Select Sector | Add +6.5% | 1.55% | +0.15 |
| FCX Freeport-McMoran Inc. | Add +9.6% | 2.32% | +0.15 |
| SHW The Sherwin-Williams Co. | Add +5.2% | 2.47% | +0.14 |
| VEA Vanguard Ftse Developed ETF | Add +8.5% | 0.79% | +0.09 |
| XLB SS Materials Select Sector | Add +17.3% | 0.61% | +0.09 |
| VWO Vanguard Ftse Emerging Marke | Add +8.4% | 0.95% | +0.08 |
| XLE SS Energy Select Sector | Add +0.5% | 0.72% | +0.05 |
| ETHA iShares Ethereum Trust ETF | New | 0.05% | +0.05 |
| PG The Procter & Gamble Co. | New | 0.04% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +21.2% | 0.12% | +0.03 |
| UBER Uber Technologies Inc. | New | 0.02% | +0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Add +7.3% | 1.14% | +0.02 |
| XLI SS Industrial Select Sector | Add +3.5% | 1.20% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +27.3% | 0.08% | +0.01 |
| XBI SS SPDR S&P Biotech ETF | Add +15.2% | 0.54% | +0.01 |
| AVGO Broadcom Inc. | Add +55.9% | 0.06% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.6% | 0.11% | +0.00 |
| WMT Walmart Inc. | Add +7.0% | 0.06% | +0.00 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +0.0% | 0.05% | +0.00 |
| AMD Advanced Micro Devices | Add +20.6% | 0.04% | +0.00 |
| C Citigroup Inc. | Add +0.3% | 0.04% | −0.00 |
| MRK Merck & Co. Inc. | Add +2.6% | 0.03% | −0.00 |
| FBTC Fidelity Wise Origin Bitcoin | Add +5.0% | 0.04% | −0.00 |
| COIN Coinbase Global Inc. Class A | Add +31.6% | 0.04% | −0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +6.4% | 0.10% | −0.01 |
| VOO Vanguard S&P 500 ETF | Add +2.5% | 0.21% | −0.01 |
| RUM Rum Group Inc. | Add +0.6% | 0.01% | −0.01 |
| SMH Vaneck Semiconductor ETF | Add +7.7% | 0.84% | −0.07 |
| XLY SS Consumer Disc Select Sect | Add +6.0% | 0.96% | −0.09 |
| LMT Lockheed Martin Corp. | Add +6.2% | 2.42% | −0.10 |
| SNPS Synopsys Inc. | Add +2.8% | 2.78% | −0.33 |
| MSFT Microsoft Corp. | Add +3.4% | 4.65% | −0.49 |
| PYPL PayPal Holdings Inc. | Add +9.9% | 2.56% | −0.54 |
| AMZN Amazon.com Inc. | Add +5.0% | 5.04% | −0.60 |
| AAPL Apple Inc. | Add +0.8% | 4.36% | −0.60 |
Options Activity Q4 2024 → Q1 2025
| AMZN Amazon.com Inc. | call | New | 1,400 | $266K |
| PYPL PayPal Holdings Inc. | call | Sold out | 1,500 | $128Kbefore exit |
| SNPS Synopsys Inc. | call | New | 200 | $86K |
| PWR Quanta Services Inc. | call | New | 200 | $51K |
| AMD Advanced Micro Devices | call | Sold out | 400 | $48Kbefore exit |
| UBER Uber Technologies Inc. | call | New | 500 | $36K |
| TSLA Tesla Inc. | call | New | 100 | $26K |
| AVGO Broadcom Inc. | call | New | 100 | $17K |
| FCX Freeport-McMoran Inc. | call | New | 400 | $15K |
| RTX RTX Corp. | call | Sold out | 100 | $12Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.2% | 878 | $1.1M |
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 | 89 | $1.1B | GOOG, IBOC, AMZN, AAPL, ASML |
| Q1 2026 | 79 | $931.5M | GOOG, IBOC, AMZN, META, MSFT |
| Q4 2025 | 82 | $944.2M | GOOG, IBOC, AMZN, MSFT, META |
| Q3 2025 | 79 | $877.3M | GOOG, IBOC, MSFT, AMZN, META |
| Q2 2025 | 72 | $822.0M | IBOC, MSFT, AMZN, GOOG, META |
| Q1 2025 | 71 | $736.0M | IBOC, AMZN, GOOG, MSFT, AAPL |
| Q4 2024 | 68 | $723.2M | GOOG, AMZN, IBOC, MSFT, AAPL |
| Q3 2024 | 69 | $710.2M | GOOG, IBOC, MSFT, AMZN, AAPL |
| Q2 2024 | 67 | $615.6M | GOOG, IBOC, AMZN, MSFT, QCOM |
| Q1 2024 | 67 | $590.2M | GOOG, IBOC, MSFT, AMZN, QCOM |