Tamar Securities, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Tamar Securities, LLC reported 79 stock positions worth $877.3 million. Its top holding was Alphabet Class C (GOOG) at 6.6% of the portfolio, followed by International Bancshares CRP (IBOC, 5.7%) and Microsoft (MSFT, 5.3%). Compared with Q2 2025, it opened 9 new positions, sold out of 2, added to 53 and reduced 15. The biggest buy was Alibaba Group Holding-SP ADR (BABA, shares +4%) and the biggest sale Bristol-Myers Squibb (BMY, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- Woodland Hills, CA
- CIK
- 0001703081
- Portfolio Value
- $877.3M (Q3 2025)
- SEC Filing
- 0001172661-25-004782 ↗ filed Nov 14, 2025
Holdings Value
Holdings 79 stocks · $877.3M
| GOOG Alphabet Inc. Class C | 6.57% | 236,640 | $57.6M | Reduce -0.3% |
| IBOC International Bancshares CRP | 5.74% | 732,836 | $50.4M | Add +1.4% |
| MSFT Microsoft Corp. | 5.31% | 90,003 | $46.6M | Reduce -1.0% |
| AMZN Amazon.com Inc. | 5.14% | 205,336 | $45.1M | Add +2.8% |
| META Meta Platforms Inc. Class A | 4.42% | 52,855 | $38.8M | Add +3.6% |
| AAPL Apple Inc. | 4.09% | 140,753 | $35.8M | Reduce -2.3% |
| ASML ASML Holding NV-NY Reg SHS | 3.90% | 35,384 | $34.3M | Add +2.8% |
| MELI MercadoLibre Inc. | 3.33% | 12,488 | $29.2M | Reduce -2.5% |
| TSLA Tesla Inc. | 3.30% | 65,118 | $29.0M | Add +2.1% |
| BABA Alibaba Group Holding-SP ADR | 3.17% | 155,563 | $27.8M | Add +3.6% |
| RTX RTX Corp. | 3.16% | 165,874 | $27.8M | Add +0.4% |
| ELV Elevance Health Inc. | 3.06% | 83,013 | $26.8M | Add +28.0% |
| SNPS Synopsys Inc. | 2.85% | 50,663 | $25.0M | Add +5.0% |
| QCOM Qualcomm Inc. | 2.72% | 143,404 | $23.9M | Add +3.0% |
| V Visa Inc. Class A | 2.70% | 69,494 | $23.7M | Add +2.3% |
| NVDA Nvidia Corp. | 2.48% | 116,706 | $21.8M | Add +3.1% |
| LMT Lockheed Martin Corp. | 2.36% | 41,433 | $20.7M | Add +2.2% |
| AMGN Amgen Inc. | 2.26% | 70,198 | $19.8M | Add +3.7% |
| XOM Exxon Mobil Corp. | 2.16% | 167,799 | $18.9M | Add +1.6% |
| SHW The Sherwin-Williams Co. | 2.10% | 53,297 | $18.5M | Add +1.3% |
| PYPL PayPal Holdings Inc. | 2.10% | 275,108 | $18.4M | Reduce -7.9% |
| FCX Freeport-McMoran Inc. | 2.08% | 466,028 | $18.3M | Add +1.0% |
| REGN Regeneron Pharmaceuticals | 2.07% | 32,266 | $18.1M | Add +6.2% |
| FDN First Trust DJ Internet Ind | 1.87% | 58,648 | $16.4M | Add +1.6% |
| CDNS Cadence Design SYS Inc. | 1.76% | 43,842 | $15.4M | Add +0.2% |
| PWR Quanta Services Inc. | 1.59% | 33,765 | $14.0M | Add +6.8% |
| XLK SS Technology Select Sector | 1.53% | 47,727 | $13.5M | Reduce -2.4% |
| XLV SS Health Care Select Sector | 1.37% | 86,122 | $12.0M | Add +5.3% |
| XLF SS Financial Select Sector | 1.35% | 219,280 | $11.8M | Add +1.6% |
| VST Vistra Corp. | 1.30% | 58,408 | $11.4M | Add +3.5% |
| XLI SS Industrial Select Sector | 1.22% | 69,602 | $10.7M | Add +1.6% |
| SMH Vaneck Semiconductor ETF | 1.14% | 30,695 | $10.0M | Add +0.5% |
| COWZ Pacer US Cash Cows 100 ETF | 1.06% | 161,475 | $9.3M | Add +2.5% |
| XLY SS Consumer Disc Select Sect | 1.01% | 37,075 | $8.9M | Add +1.5% |
| VWO Vanguard Ftse Emerging Marke | 0.99% | 160,864 | $8.7M | Add +2.0% |
| GLD SPDR Gold Shares | 0.99% | 24,346 | $8.7M | Add +2.4% |
| VEA Vanguard Ftse Developed ETF | 0.82% | 120,065 | $7.2M | Add +1.9% |
| KWEB Kranesh Csi China Internet | 0.65% | 136,600 | $5.7M | Add +1.6% |
| XLE SS Energy Select Sector | 0.61% | 60,046 | $5.4M | Add +2.8% |
| XBI SS SPDR S&P Biotech ETF | 0.60% | 52,963 | $5.3M | Add +2.6% |
| XLB SS Materials Select Sector | 0.57% | 55,861 | $5.0M | Add +3.1% |
| GOOGL Alphabet Inc. Class A | 0.30% | 10,998 | $2.7M | Reduce -5.3% |
| VOO Vanguard S&P 500 ETF | 0.24% | 3,491 | $2.1M | Add +4.2% |
| PLTR Palantir Technologies Inc. Class A | 0.23% | 10,989 | $2.0M | Add +1.5% |
| ETHA iShares Ethereum Trust ETF | 0.12% | 34,505 | $1.1M | Add +1.4% |
| BMNR Bitmine Immersion Technologi | 0.12% | 20,766 | $1.1M | New |
| IBIT iShares Bitcoin Trust ETF | 0.12% | 16,163 | $1.1M | Add +4.9% |
| AVGO Broadcom Inc. | 0.11% | 2,847 | $939K | Reduce -3.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.10% | 1,473 | $885K | Add +2.4% |
| COST Costco Wholesale Corp. | 0.09% | 881 | $815K | Add +2.8% |
| JPM JPMorgan Chase & Co. | 0.09% | 2,363 | $745K | Add +1.8% |
| BMY Bristol-Myers Squibb Co. | 0.07% | 13,416 | $605K | Reduce -96.1% |
| RKLB Rocket Lab Corp. | 0.06% | 11,749 | $563K | Add +1.8% |
| WMT Walmart Inc. | 0.06% | 4,746 | $489K | Add +1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.05% | 1,602 | $447K | Add +9.9% |
| C Citigroup Inc. | 0.05% | 4,093 | $415K | Add +1.2% |
| FBTC Fidelity Wise Origin Bitcoin | 0.05% | 4,100 | $409K | Add +4.9% |
| AMD Advanced Micro Devices | 0.05% | 2,466 | $399K | Add +8.8% |
| TXN Texas Instruments Inc. | 0.04% | 2,112 | $388K | Add +1.5% |
| INTC Intel Corp. | 0.04% | 11,459 | $384K | Reduce -98.0% |
| GE General Electric filed as GE AEROSPACE | 0.04% | 1,221 | $367K | New |
| MA Mastercard Inc. Class A | 0.04% | 644 | $366K | Reduce -7.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 728 | $366K | Reduce -0.4% |
| AFL Aflac Inc. | 0.04% | 3,102 | $346K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.04% | 517 | $344K | Add +10.2% |
| SRE Sempra | 0.04% | 3,456 | $311K | New |
| BTT BlackRock 2030 Muni TRGT TRM | 0.03% | 12,351 | $277K | Reduce -16.8% |
| ORCL Oracle Corp. | 0.03% | 957 | $269K | Add +3.1% |
| PG The Procter & Gamble Co. | 0.03% | 1,695 | $260K | Add +2.3% |
| NEM Newmont Corp. | 0.03% | 3,070 | $259K | New |
| UBER Uber Technologies Inc. | 0.03% | 2,424 | $237K | Reduce -2.1% |
| SLV iShares Silver Trust | 0.03% | 5,250 | $222K | New |
| LOW Lowe's Cos Inc. | 0.02% | 810 | $204K | New |
| RUM Rum Group Inc. filed as RUMBLE INC | 0.01% | 12,301 | $89K | Add +0.8% |
| UPS United Parcel Service Class B | 0.01% | 1,045 | $87K | Reduce -6.5% |
| OPEN Opendoor Technologies Inc. | 0.01% | 10,200 | $81K | New |
| CRNT Ceragon Networks Ltd. | 0.00% | 10,168 | $24K | New |
| NVNO Envveno Medical Corporation | 0.00% | 13,990 | $13K | No change |
| PRTS Carparts.com Inc. | 0.00% | 11,400 | $8K | New |
Options reported separately and not counted above: ASML calls ($387K), AMZN calls ($263K), META calls ($220K), GOOG calls ($219K), UPS calls ($209K), NVDA calls ($93K), INTC calls ($67K), SNPS calls ($49K), UBER calls ($49K), PWR calls ($41K), AVGO calls ($33K).
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 | 850 | $1.1M | Reduce -3.5% |
Total filed on the 13F, all lines: $878.4M.
Portfolio Sells Q2 2025 → Q3 2025
| BMY Bristol-Myers Squibb Co. | Reduce -96.1% | 0.07% | −1.86 |
| INTC Intel Corp. | Reduce -98.0% | 0.04% | −1.52 |
| MELI MercadoLibre Inc. | Reduce -2.5% | 3.33% | −0.75 |
| PYPL PayPal Holdings Inc. | Reduce -7.9% | 2.10% | −0.60 |
| MSFT Microsoft Corp. | Reduce -1.0% | 5.31% | −0.19 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.07 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.04 |
| BTT BlackRock 2030 Muni TRGT TRM | Reduce -16.8% | 0.03% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -7.1% | 0.04% | −0.01 |
| UPS United Parcel Service Class B | Reduce -6.5% | 0.01% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 0.04% | −0.00 |
| UBER Uber Technologies Inc. | Reduce -2.1% | 0.03% | −0.00 |
| AVGO Broadcom Inc. | Reduce -3.9% | 0.11% | +0.01 |
| XLK SS Technology Select Sector | Reduce -2.4% | 1.53% | +0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -5.3% | 0.30% | +0.06 |
| AAPL Apple Inc. | Reduce -2.3% | 4.09% | +0.49 |
| GOOG Alphabet Inc. Class C | Reduce -0.3% | 6.57% | +1.45 |
Portfolio Buys Q2 2025 → Q3 2025
| BABA Alibaba Group Holding-SP ADR | Add +3.6% | 3.17% | +1.10 |
| TSLA Tesla Inc. | Add +2.1% | 3.30% | +0.84 |
| ASML ASML Holding NV-NY Reg SHS | Add +2.8% | 3.90% | +0.55 |
| NVDA Nvidia Corp. | Add +3.1% | 2.48% | +0.31 |
| RTX RTX Corp. | Add +0.4% | 3.16% | +0.23 |
| PWR Quanta Services Inc. | Add +6.8% | 1.59% | +0.14 |
| REGN Regeneron Pharmaceuticals | Add +6.2% | 2.07% | +0.13 |
| BMNR Bitmine Immersion Technologi | New | 0.12% | +0.12 |
| CDNS Cadence Design SYS Inc. | Add +0.2% | 1.76% | +0.12 |
| SMH Vaneck Semiconductor ETF | Add +0.5% | 1.14% | +0.11 |
| GLD SPDR Gold Shares | Add +2.4% | 0.99% | +0.10 |
| KWEB Kranesh Csi China Internet | Add +1.6% | 0.65% | +0.09 |
| XBI SS SPDR S&P Biotech ETF | Add +2.6% | 0.60% | +0.08 |
| LMT Lockheed Martin Corp. | Add +2.2% | 2.36% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +1.5% | 0.23% | +0.05 |
| XLY SS Consumer Disc Select Sect | Add +1.5% | 1.01% | +0.05 |
| ETHA iShares Ethereum Trust ETF | Add +1.4% | 0.12% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +2.0% | 0.99% | +0.04 |
| GE General Electric | New | 0.04% | +0.04 |
| SRE Sempra | New | 0.04% | +0.04 |
| NEM Newmont Corp. | New | 0.03% | +0.03 |
| XLV SS Health Care Select Sector | Add +5.3% | 1.37% | +0.03 |
| SLV iShares Silver Trust | New | 0.03% | +0.03 |
| LOW Lowe's Cos Inc. | New | 0.02% | +0.02 |
| QCOM Qualcomm Inc. | Add +3.0% | 2.72% | +0.02 |
| RKLB Rocket Lab Corp. | Add +1.8% | 0.06% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +4.2% | 0.24% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +9.9% | 0.05% | +0.01 |
| OPEN Opendoor Technologies Inc. | New | 0.01% | +0.01 |
| XLE SS Energy Select Sector | Add +2.8% | 0.61% | +0.01 |
| AMD Advanced Micro Devices | Add +8.8% | 0.05% | +0.01 |
| ORCL Oracle Corp. | Add +3.1% | 0.03% | +0.01 |
| C Citigroup Inc. | Add +1.2% | 0.05% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +4.9% | 0.12% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.4% | 0.10% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.2% | 0.04% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +1.8% | 0.09% | +0.00 |
| CRNT Ceragon Networks Ltd. | New | 0.00% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +1.9% | 0.82% | +0.00 |
| COWZ Pacer US Cash Cows 100 ETF | Add +2.5% | 1.06% | +0.00 |
| FBTC Fidelity Wise Origin Bitcoin | Add +4.9% | 0.05% | +0.00 |
| PRTS Carparts.com Inc. | New | 0.00% | +0.00 |
| WMT Walmart Inc. | Add +1.6% | 0.06% | +0.00 |
| PG The Procter & Gamble Co. | Add +2.3% | 0.03% | −0.00 |
| RUM Rum Group Inc. | Add +0.8% | 0.01% | −0.00 |
| XLI SS Industrial Select Sector | Add +1.6% | 1.22% | −0.01 |
| XLB SS Materials Select Sector | Add +3.1% | 0.57% | −0.01 |
| TXN Texas Instruments Inc. | Add +1.5% | 0.04% | −0.01 |
| XOM Exxon Mobil Corp. | Add +1.6% | 2.16% | −0.01 |
| COST Costco Wholesale Corp. | Add +2.8% | 0.09% | −0.01 |
Options Activity Q2 2025 → Q3 2025
| AMZN Amazon.com Inc. | call | Reduce -33.3% | 1,200 | $263K |
| SNPS Synopsys Inc. | call | Reduce -50.0% | 100 | $49K |
| PWR Quanta Services Inc. | call | Reduce -50.0% | 100 | $41K |
| TSLA Tesla Inc. | call | Sold out | 100 | $32Kbefore exit |
| FCX Freeport-McMoran Inc. | call | Sold out | 400 | $17Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -3.5% | 850 | $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 |