TFR Capital, LLC.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), TFR Capital, LLC. reported 150 stock positions worth $240.2 million. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Apple (AAPL, 4.9%) and Nvidia (NVDA, 4.6%). Compared with Q4 2024, it opened 39 new positions, sold out of 4, added to 79 and reduced 22. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +391%) and the biggest sale PIMCO Enhanced Short Maturit (MINT, shares −65%).

Most Recent 13F
Q2 2026
Location
PLANO, TX
CIK
0002059325
Portfolio Value
$240.2M (Q1 2025)
SEC Filing
0001765380-25-000159 ↗ filed May 1, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q4 2024: $201.3M Q4 2024 Q1 2025: $240.2M $240.2M Q1 2025 Q2 2025: $276.2M Q2 2025 Q3 2025: $299.5M Q3 2025 Q4 2025: $301.9M Q4 2025 Q1 2026: $325.8M Q1 2026 Q2 2026: $355.3M Q2 2026

Holdings 150 stocks · $240.2M
MSFT Microsoft Corp. 5.43% 34,765 $13.1M Add +17.3%
AAPL Apple Inc. 4.89% 52,898 $11.8M Add +25.5%
NVDA Nvidia Corp. 4.58% 101,578 $11.0M Add +23.2%
RWL Invesco S&P 500 Revenue ETF 3.50% 84,583 $8.4M Reduce -2.8%
AMZN Amazon.com Inc. 3.21% 40,513 $7.7M Add +34.5%
IVV iShares Core S&P 500 ETF 2.60% 11,136 $6.3M Add +11.8%
BSCP Invesco Bulletshares 2025 CB 2.48% 287,653 $5.9M Add +55.7%
VTV Vanguard Mrngstr Val ETF-Aui 2.44% 33,963 $5.9M Reduce -26.2%
COST Costco Wholesale Corp. 2.29% 5,814 $5.5M Add +13.6%
NFLX Netflix Inc. 2.20% 5,678 $5.3M Add +11.0%
QQQ Invesco QQQ Trust Series 1 2.20% 11,273 $5.3M Add +0.3%
GOOG Alphabet Inc. Class C 2.02% 31,036 $4.8M Add +8.9%
BRK.B Berkshire Hathaway Inc. Class B 1.99% 8,968 $4.8M Add +24.3%
LLY Eli Lilly & Co. 1.64% 4,767 $3.9M Add +16.5%
AVGO Broadcom Inc. 1.48% 21,243 $3.6M Add +122.2%
UNH Unitedhealth Group Inc. 1.45% 6,650 $3.5M Add +22.3%
ISRG Intuitive Surgical Inc. 1.45% 7,011 $3.5M Add +12.5%
GOOGL Alphabet Inc. Class A 1.42% 22,067 $3.4M Add +24.3%
ABBV Abbvie Inc. 1.33% 15,222 $3.2M Add +15.5%
META Meta Platforms Inc. Class A 1.17% 4,897 $2.8M Add +50.4%
JAAA Janus Henderson Aaa Clo ETF 1.14% 53,954 $2.7M Add +391.0%
BSCQ Invesco Bulletshares 2026 CB 1.12% 137,509 $2.7M Add +19.0%
MINT PIMCO Enhanced Short Maturit 1.08% 25,759 $2.6M Reduce -64.8%
BILS SS Spdrb B 3-12M T-Bill ETF 1.05% 25,416 $2.5M Reduce -8.9%
MA Mastercard Inc. Class A 0.98% 4,286 $2.3M Add +18.9%
COP Conocophillips 0.97% 22,144 $2.3M Add +5.9%
VRTX Vertex Pharmaceuticals Inc. 0.96% 4,756 $2.3M Add +4.3%
V Visa Inc. Class A 0.91% 6,235 $2.2M Add +26.2%
CMG Chipotle Mexican Grill Inc. 0.90% 43,291 $2.2M Add +11.7%
IBTF iShares Ibonds Dec 2025 Term 0.89% 91,189 $2.1M Add +850.1%
PGR Progressive Corp. 0.88% 7,490 $2.1M Add +4.8%
LIN Linde PLC 0.87% 4,495 $2.1M Add +505.8%
TSLA Tesla Inc. 0.86% 8,002 $2.1M Add +41.2%
ICE Intercontinental Exchange Inc. 0.85% 11,906 $2.1M Add +22.2%
RSP Invesco S&P 500 Equal Weight 0.85% 11,780 $2.0M Reduce -1.2%
MRK Merck & Co. Inc. 0.84% 22,554 $2.0M Add +30.6%
BSJP Invesco Bulletshares 2025 HY 0.83% 86,654 $2.0M Add +168.1%
MCO Moody's Corp. 0.83% 4,258 $2.0M Add +15.0%
SCHG Schwab US Large-Cap Growth 0.81% 78,171 $2.0M Reduce -14.6%
PANW Palo Alto Networks Inc. 0.78% 11,028 $1.9M Reduce -7.6%
ACN Accenture PLC Class A 0.77% 5,893 $1.8M Add +15.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.77% 15,091 $1.8M Add +39.1%
BSCR Invesco Bulletshares 2027 CB 0.76% 92,710 $1.8M Add +658.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.73% 3,121 $1.7M Reduce -7.5%
JPM JPMorgan Chase & Co. 0.71% 6,957 $1.7M Add +81.4%
LNG Cheniere Energy Inc. 0.70% 7,319 $1.7M Add +2.6%
DSTL Distillate US Fundamental St 0.67% 29,488 $1.6M Reduce -2.0%
IBTH iShares Ibonds Dec 2027 Term 0.67% 71,307 $1.6M New
COR Cencora Inc. 0.66% 5,718 $1.6M New
MCK McKesson Corp. 0.66% 2,353 $1.6M New
IBTG iShares Ibonds Dec 2026 Term 0.65% 67,902 $1.6M New
IBDQ iShares Ibonds Dec 2025 Term 0.65% 61,790 $1.6M Add +36.9%
TT Trane Technologies PLC 0.64% 4,564 $1.5M New
KKR KKR & Co. Inc. 0.64% 13,221 $1.5M New
KR Kroger Co. 0.63% 22,398 $1.5M New
VOO Vanguard S&P 500 ETF 0.63% 2,929 $1.5M Reduce -7.0%
XOM Exxon Mobil Corp. 0.61% 12,313 $1.5M Add +59.7%
JEPI JPMorgan Equity Premium Inco 0.61% 25,562 $1.5M Add +182.2%
GEV GE Vernova Inc. 0.60% 4,689 $1.4M New
FANG Diamondback Energy Inc. 0.57% 8,593 $1.4M Reduce -4.6%
ACIO Aptus Collared Invest Opp 0.57% 35,379 $1.4M New
BIL SS SPDR BB 1-3M T-Bill ETF 0.54% 14,249 $1.3M Reduce -1.2%
HD Home Depot Inc. 0.49% 3,245 $1.2M Add +49.7%
ANET Arista Networks Inc. 0.48% 14,959 $1.2M Add +5.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.47% 3,305 $1.1M Add +21.8%
PWR Quanta Services Inc. 0.44% 4,115 $1.0M Add +5.8%
SMMD iShares Russell 2500 ETF 0.42% 16,161 $1.0M Add +11.5%
IWF iShares Russell 1000 Growth 0.42% 2,771 $1.0M Reduce -12.2%
BLDR Builders Firstsource Inc. 0.41% 7,920 $990K Add +3.3%
PG The Procter & Gamble Co. 0.35% 4,913 $837K Add +70.7%
LULU Lululemon Athletica Inc. 0.35% 2,954 $836K Add +3.3%
SCHD Schwab US DVD Equity ETF 0.35% 29,847 $835K Add +37.1%
KO The Coca-Cola Co. 0.34% 11,473 $822K Add +182.4%
MCD McDonald's Corp. 0.34% 2,618 $818K Add +114.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.34% 19,392 $809K Add +87.2%
CVX Chevron Corp. 0.32% 4,633 $775K Add +121.3%
HON Honeywell International Inc. 0.31% 3,508 $743K Add +286.8%
JNJ Johnson & Johnson 0.31% 4,423 $734K Add +104.6%
GS Goldman Sachs Group Inc. 0.30% 1,334 $729K Add +132.8%
MOAT Vaneck Morningstar Wide Moat 0.29% 8,009 $705K Reduce -72.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.29% 2,653 $686K Add +5.4%
CAT Caterpillar Inc. 0.28% 2,053 $677K Add +167.3%
WMT Walmart Inc. 0.27% 7,498 $658K Add +100.3%
SCHX Schwab US Large-Cap ETF 0.26% 28,600 $631K Add +6.7%
SO The Southern Co. 0.25% 6,660 $612K New
SPYG SS SPDR P S&P 500 Growth ETF 0.25% 7,452 $599K Add +6.9%
QUAL iShares MSCI USA Quality Fac 0.25% 3,477 $594K No change
IBDR iShares Ibonds Dec 2026 Term 0.24% 23,470 $568K Reduce -10.6%
ADBE Adobe Inc. 0.22% 1,366 $524K Add +47.0%
AMT American Tower Corp. 0.21% 2,354 $512K New
C Citigroup Inc. 0.21% 7,083 $503K Add +145.6%
TXN Texas Instruments Inc. 0.20% 2,730 $491K Add +102.8%
WFC Wells Fargo & Co. 0.20% 6,809 $489K Add +123.8%
TMO Thermo Fisher Scientific Inc. 0.20% 955 $475K New
MS Morgan Stanley 0.20% 4,023 $469K New
ORCL Oracle Corp. 0.19% 3,345 $468K Add +73.8%
CSCO Cisco Systems Inc. 0.19% 7,515 $464K Add +109.3%
MRSH Marsh & McLennan Cos 0.18% 1,809 $441K New
RTX RTX Corp. 0.18% 3,324 $440K Add +89.9%
PM Philip Morris International 0.18% 2,680 $425K New

Show all 150 holdings

Portfolio Sells Q4 2024 → Q1 2025
MINT PIMCO Enhanced Short Maturit Reduce -64.8% 1.08% −2.57
VTV Vanguard Mrngstr Val ETF-Aui Reduce -26.2% 2.44% −1.43
XLF SS Financial Select Sector Reduce -92.0% 0.10% −1.38
MOAT Vaneck Morningstar Wide Moat Reduce -72.5% 0.29% −1.05
KRE SS SPDR S&P Regional Bank Sold out 0.00% −1.03
DHI D.R. Horton Inc. Reduce -79.9% 0.14% −0.75
RWL Invesco S&P 500 Revenue ETF Reduce -2.8% 3.50% −0.74
DHR Danaher Corp. Sold out 0.00% −0.61
SCHG Schwab US Large-Cap Growth Reduce -14.6% 0.81% −0.45
BILS SS Spdrb B 3-12M T-Bill ETF Reduce -8.9% 1.05% −0.32
PANW Palo Alto Networks Inc. Reduce -7.6% 0.78% −0.30
SPY SS SPDR S&P 500 ETF Trust-US Reduce -7.5% 0.73% −0.26
VOO Vanguard S&P 500 ETF Reduce -7.0% 0.63% −0.22
IWF iShares Russell 1000 Growth Reduce -12.2% 0.42% −0.21
RSP Invesco S&P 500 Equal Weight Reduce -1.2% 0.85% −0.19
NOW ServiceNow Inc. Reduce -44.4% 0.09% −0.17
FANG Diamondback Energy Inc. Reduce -4.6% 0.57% −0.16
IYH iShares U.S. Healthcare ETF Sold out 0.00% −0.16
DSTL Distillate US Fundamental St Reduce -2.0% 0.67% −0.16
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -1.2% 0.54% −0.11
FPEI First Trust Institutional PR Sold out 0.00% −0.11
USMV iShares MSCI USA Min Vol Fac Reduce -23.3% 0.16% −0.08
IBDR iShares Ibonds Dec 2026 Term Reduce -10.6% 0.24% −0.08
WM Waste Management Inc. Reduce -24.6% 0.09% −0.03
DGRO iShares Core Dividend Growth Reduce -2.5% 0.09% −0.02
IBTK iShares Ibonds Dec 2030 Trea Reduce -1.3% 0.10% −0.02

Portfolio Buys Q4 2024 → Q1 2025
JAAA Janus Henderson Aaa Clo ETF Add +391.0% 1.14% +0.86
IBTF iShares Ibonds Dec 2025 Term Add +850.1% 0.89% +0.78
LIN Linde PLC Add +505.8% 0.87% +0.72
IBTH iShares Ibonds Dec 2027 Term New 0.67% +0.67
COR Cencora Inc. New 0.66% +0.66
MCK McKesson Corp. New 0.66% +0.66
IBTG iShares Ibonds Dec 2026 Term New 0.65% +0.65
TT Trane Technologies PLC New 0.64% +0.64
BSCR Invesco Bulletshares 2027 CB Add +658.7% 0.76% +0.64
KKR KKR & Co. Inc. New 0.64% +0.64
KR Kroger Co. New 0.63% +0.63
GEV GE Vernova Inc. New 0.60% +0.60
BSCP Invesco Bulletshares 2025 CB Add +55.7% 2.48% +0.58
ACIO Aptus Collared Invest Opp New 0.57% +0.57
BSJP Invesco Bulletshares 2025 HY Add +168.1% 0.83% +0.46
AVGO Broadcom Inc. Add +122.2% 1.48% +0.38
BRK.B Berkshire Hathaway Inc. Class B Add +24.3% 1.99% +0.36
JEPI JPMorgan Equity Premium Inco Add +182.2% 0.61% +0.35
SO The Southern Co. New 0.25% +0.25
JPM JPMorgan Chase & Co. Add +81.4% 0.71% +0.25
META Meta Platforms Inc. Class A Add +50.4% 1.17% +0.23
KO The Coca-Cola Co. Add +182.4% 0.34% +0.22
AMT American Tower Corp. New 0.21% +0.21
HON Honeywell International Inc. Add +286.8% 0.31% +0.21
TMO Thermo Fisher Scientific Inc. New 0.20% +0.20
XOM Exxon Mobil Corp. Add +59.7% 0.61% +0.20
MS Morgan Stanley New 0.20% +0.20
MRSH Marsh & McLennan Cos New 0.18% +0.18
PM Philip Morris International New 0.18% +0.18
CVX Chevron Corp. Add +121.3% 0.32% +0.17
CRM Salesforce Inc. New 0.17% +0.17
KLAC KLA Corp. New 0.17% +0.17
MCD McDonald's Corp. Add +114.9% 0.34% +0.17
ABBV Abbvie Inc. Add +15.5% 1.33% +0.16
PLD Prologis Inc. New 0.16% +0.16
AXP American Express Co. New 0.16% +0.16
VZ Verizon Communications Inc. New 0.15% +0.15
JNJ Johnson & Johnson Add +104.6% 0.31% +0.15
CAT Caterpillar Inc. Add +167.3% 0.28% +0.14
EMR Emerson Electric Co. New 0.14% +0.14
GS Goldman Sachs Group Inc. Add +132.8% 0.30% +0.14
INTC Intel Corp. New 0.14% +0.14
NEE Nextera Energy Inc. New 0.14% +0.14
ICE Intercontinental Exchange Inc. Add +22.2% 0.85% +0.13
V Visa Inc. Class A Add +26.2% 0.91% +0.13
SYK Stryker Corp. New 0.13% +0.13
LOW Lowe's Cos Inc. New 0.13% +0.13
ADI Analog Devices Inc. New 0.13% +0.13
DIS The Walt Disney Co. New 0.12% +0.12
UNP Union Pacific Corp. New 0.12% +0.12

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 165$355.3MNVDA, AAPL, MSFT, RWL, GOOG
Q1 2026 163$325.8MNVDA, AAPL, MSFT, RWL, APLD
Q4 2025 161$301.9MNVDA, MSFT, AAPL, RWL, GOOG
Q3 2025 163$299.5MNVDA, MSFT, AAPL, RWL, AMZN
Q2 2025Amended 164$276.2MMSFT, NVDA, AAPL, RWL, AMZN
Q1 2025 150$240.2MMSFT, AAPL, NVDA, RWL, AMZN
Q4 2024 115$201.3MMSFT, NVDA, AAPL, RWL, VTV