TFR Capital, LLC.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), TFR Capital, LLC. reported 163 stock positions worth $299.5 million. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Microsoft (MSFT, 6.2%) and Apple (AAPL, 4.6%). Compared with Q2 2025, it opened 8 new positions, sold out of 9, added to 76 and reduced 60. The biggest buy was Meta Platforms Class A (META, shares +85%) and the biggest sale an exit from Chipotle Mexican Grill (CMG).
- Most Recent 13F
- Q2 2026
- Location
- PLANO, TX
- CIK
- 0002059325
- Portfolio Value
- $299.5M (Q3 2025)
- SEC Filing
- 0001765380-25-000435 ↗ filed Oct 31, 2025
Holdings Value
Holdings 163 stocks · $299.5M
| NVDA Nvidia Corp. | 6.57% | 105,489 | $19.7M | Add +2.3% |
| MSFT Microsoft Corp. | 6.23% | 36,016 | $18.7M | Add +1.8% |
| AAPL Apple Inc. | 4.62% | 54,388 | $13.8M | Add +0.5% |
| RWL Invesco S&P 500 Revenue ETF | 3.25% | 87,932 | $9.7M | Add +1.1% |
| AMZN Amazon.com Inc. | 2.89% | 39,356 | $8.6M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 2.51% | 30,858 | $7.5M | Add +0.9% |
| NFLX Netflix Inc. | 2.49% | 6,229 | $7.5M | Add +7.4% |
| AVGO Broadcom Inc. | 2.49% | 22,607 | $7.5M | Add +3.0% |
| IVV iShares Core S&P 500 ETF | 2.44% | 10,899 | $7.3M | Add +1.6% |
| META Meta Platforms Inc. Class A | 2.36% | 9,621 | $7.1M | Add +85.5% |
| BSCP Invesco Bulletshares 2025 CB | 2.35% | 340,849 | $7.1M | Add +13.8% |
| QQQ Invesco QQQ Trust Series 1 | 2.30% | 11,465 | $6.9M | Add +0.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.16% | 34,719 | $6.5M | Add +1.1% |
| COST Costco Wholesale Corp. | 1.86% | 6,020 | $5.6M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 1.69% | 20,784 | $5.1M | Reduce -1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.59% | 9,445 | $4.7M | Add +0.8% |
| LLY Eli Lilly & Co. | 1.27% | 5,005 | $3.8M | Add +1.5% |
| ABBV Abbvie Inc. | 1.27% | 16,399 | $3.8M | Add +5.3% |
| JAAA Janus Henderson Aaa Clo ETF | 1.19% | 70,171 | $3.6M | Add +18.4% |
| TSLA Tesla Inc. | 1.18% | 7,939 | $3.5M | Reduce -1.0% |
| BSCQ Invesco Bulletshares 2026 CB | 1.11% | 169,863 | $3.3M | Add +14.9% |
| ISRG Intuitive Surgical Inc. | 1.09% | 7,274 | $3.3M | Add +0.2% |
| GEV GE Vernova Inc. | 1.00% | 4,889 | $3.0M | Add +2.1% |
| IBTF iShares Ibonds Dec 2025 Term | 1.00% | 128,183 | $3.0M | Add +0.7% |
| MINT PIMCO Enhanced Short Maturit | 0.90% | 26,625 | $2.7M | Add +11.6% |
| SCHG Schwab US Large-Cap Growth | 0.88% | 82,248 | $2.6M | Add +1.1% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.86% | 102,592 | $2.6M | Add +0.1% |
| BSJP Invesco Bulletshares 2025 HY | 0.86% | 111,454 | $2.6M | Add +17.4% |
| ANET Arista Networks Inc. | 0.83% | 17,008 | $2.5M | Add +6.8% |
| BSCR Invesco Bulletshares 2027 CB | 0.82% | 123,949 | $2.4M | Add +21.5% |
| MA Mastercard Inc. Class A | 0.80% | 4,235 | $2.4M | Add +0.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.80% | 16,608 | $2.4M | Add +2.1% |
| PANW Palo Alto Networks Inc. | 0.80% | 11,769 | $2.4M | Add +0.8% |
| LIN Linde PLC | 0.76% | 4,766 | $2.3M | Reduce -2.0% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.75% | 22,452 | $2.2M | Reduce -3.9% |
| V Visa Inc. Class A | 0.74% | 6,501 | $2.2M | Add +0.7% |
| IBTH iShares Ibonds Dec 2027 Term | 0.73% | 96,479 | $2.2M | Add +9.6% |
| ACIO Aptus Collared Invest Opp | 0.72% | 49,528 | $2.2M | Add +21.9% |
| IBTG iShares Ibonds Dec 2026 Term | 0.72% | 93,706 | $2.2M | Add +11.1% |
| RSP Invesco S&P 500 Equal Weight | 0.71% | 11,237 | $2.1M | Add +1.1% |
| JPM JPMorgan Chase & Co. | 0.71% | 6,744 | $2.1M | Reduce -0.7% |
| MCO Moody's Corp. | 0.70% | 4,393 | $2.1M | Add +1.7% |
| JEPI JPMorgan Equity Premium Inco | 0.69% | 36,190 | $2.1M | Add +23.1% |
| ICE Intercontinental Exchange Inc. | 0.69% | 12,211 | $2.1M | Add +1.4% |
| VOO Vanguard S&P 500 ETF | 0.68% | 3,343 | $2.0M | Reduce -1.4% |
| TT Trane Technologies PLC | 0.66% | 4,691 | $2.0M | Add +0.7% |
| PLTR Palantir Technologies Inc. Class A | 0.65% | 10,688 | $1.9M | Add +380.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.65% | 4,935 | $1.9M | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 2,871 | $1.9M | Reduce -3.0% |
| MCK McKesson Corp. | 0.64% | 2,462 | $1.9M | Add +1.7% |
| PWR Quanta Services Inc. | 0.63% | 4,554 | $1.9M | Add +6.0% |
| COR Cencora Inc. | 0.62% | 5,907 | $1.8M | Add +1.4% |
| LNG Cheniere Energy Inc. | 0.61% | 7,833 | $1.8M | Add +2.5% |
| KKR KKR & Co. Inc. | 0.60% | 13,800 | $1.8M | Add +1.7% |
| COP Conocophillips | 0.57% | 18,026 | $1.7M | Reduce -23.8% |
| DSTL Distillate US Fundamental St | 0.55% | 28,674 | $1.7M | Add +2.6% |
| XOM Exxon Mobil Corp. | 0.53% | 14,030 | $1.6M | Add +8.1% |
| KR Kroger Co. | 0.53% | 23,361 | $1.6M | Add +2.8% |
| IWF iShares Russell 1000 Growth | 0.45% | 2,895 | $1.4M | Add +0.3% |
| HD Home Depot Inc. | 0.45% | 3,318 | $1.3M | Reduce -3.0% |
| IBDR iShares Ibonds Dec 2026 Term | 0.43% | 52,507 | $1.3M | Add +16.7% |
| FIX Comfort Systems USA Inc. | 0.42% | 1,517 | $1.3M | Add +5.7% |
| FANG Diamondback Energy Inc. | 0.41% | 8,603 | $1.2M | Reduce -0.6% |
| TDG Transdigm Group Inc. | 0.41% | 923 | $1.2M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.36% | 3,519 | $1.1M | Add +2.5% |
| LRCX Lam Research Corp. | 0.36% | 8,068 | $1.1M | Add +286.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 20,832 | $1.1M | Reduce -1.1% |
| ORCL Oracle Corp. | 0.35% | 3,705 | $1.0M | Add +3.1% |
| SMMD iShares Russell 2500 ETF | 0.34% | 13,959 | $1.0M | No change |
| CAT Caterpillar Inc. | 0.34% | 2,151 | $1.0M | Reduce -3.8% |
| GS Goldman Sachs Group Inc. | 0.34% | 1,279 | $1.0M | Reduce -2.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.33% | 10,787 | $990K | Reduce -7.5% |
| INTC Intel Corp. | 0.31% | 27,483 | $922K | Reduce -1.2% |
| MCD McDonald's Corp. | 0.29% | 2,837 | $862K | Reduce -4.0% |
| KO The Coca-Cola Co. | 0.28% | 12,778 | $847K | Add +4.7% |
| WMT Walmart Inc. | 0.28% | 8,222 | $847K | Add +1.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 2,957 | $826K | New |
| GE General Electric filed as GE AEROSPACE | 0.27% | 2,737 | $823K | Add +79.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 2,730 | $802K | Reduce -0.9% |
| SCHD Schwab US DVD Equity ETF | 0.27% | 29,329 | $801K | Reduce -0.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.26% | 7,377 | $771K | Reduce -1.2% |
| PG The Procter & Gamble Co. | 0.25% | 4,924 | $757K | Reduce -1.5% |
| SCHX Schwab US Large-Cap ETF | 0.25% | 28,600 | $753K | No change |
| APH Amphenol Corp. Class A | 0.25% | 5,982 | $740K | Add +84.7% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.24% | 29,115 | $709K | Add +83.0% |
| SO The Southern Co. | 0.24% | 7,468 | $708K | Reduce -0.6% |
| UNH Unitedhealth Group Inc. | 0.23% | 2,027 | $700K | Reduce -68.8% |
| MS Morgan Stanley | 0.23% | 4,270 | $679K | Reduce -5.1% |
| QUAL iShares MSCI USA Quality Fac | 0.23% | 3,477 | $676K | No change |
| C Citigroup Inc. | 0.22% | 6,638 | $674K | Reduce -1.5% |
| CVX Chevron Corp. | 0.22% | 4,331 | $673K | Reduce -4.6% |
| AMD Advanced Micro Devices | 0.22% | 4,074 | $659K | New |
| KLAC KLA Corp. | 0.22% | 607 | $655K | No change |
| MOAT Vaneck Morningstar Wide Moat | 0.22% | 6,561 | $650K | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.21% | 3,373 | $625K | Add +0.7% |
| RTX RTX Corp. | 0.20% | 3,527 | $590K | Reduce -3.4% |
| CSCO Cisco Systems Inc. | 0.19% | 8,524 | $583K | Add +0.1% |
| AXP American Express Co. | 0.19% | 1,687 | $560K | Add +0.8% |
| TMO Thermo Fisher Scientific Inc. | 0.18% | 1,098 | $533K | Reduce -4.6% |
| ABT Abbott Laboratories | 0.18% | 3,968 | $531K | Reduce -0.8% |
Portfolio Sells Q2 2025 → Q3 2025
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.90 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.74 |
| UNH Unitedhealth Group Inc. | Reduce -68.8% | 0.23% | −0.50 |
| ACN Accenture PLC Class A | Reduce -64.8% | 0.17% | −0.47 |
| MRK Merck & Co. Inc. | Reduce -73.1% | 0.16% | −0.45 |
| BLDR Builders Firstsource Inc. | Sold out | 0.00% | −0.35 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.27 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.22 |
| COP Conocophillips | Reduce -23.8% | 0.57% | −0.20 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.3% | 0.65% | −0.15 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -3.9% | 0.75% | −0.10 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.09 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.08 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.08 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.07 |
| LIN Linde PLC | Reduce -2.0% | 0.76% | −0.07 |
| ETN Eaton Corp. PLC | Reduce -23.3% | 0.17% | −0.06 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -7.5% | 0.33% | −0.06 |
| HON Honeywell International Inc. | Reduce -5.7% | 0.17% | −0.05 |
| AMT American Tower Corp. | Reduce -0.8% | 0.16% | −0.04 |
| DIS The Walt Disney Co. | Reduce -7.0% | 0.14% | −0.04 |
| MRSH Marsh & McLennan Cos | Reduce -11.1% | 0.11% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -1.5% | 0.25% | −0.04 |
| PM Philip Morris International | Reduce -1.3% | 0.15% | −0.03 |
| BKNG Booking Holdings Inc. | Reduce -5.8% | 0.12% | −0.03 |
| MCD McDonald's Corp. | Reduce -4.0% | 0.29% | −0.02 |
| T AT&T Inc. | Reduce -7.2% | 0.12% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.0% | 0.64% | −0.02 |
| ADBE Adobe Inc. | Reduce -3.2% | 0.09% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -7.0% | 0.18% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.8% | 0.18% | −0.02 |
| FANG Diamondback Energy Inc. | Reduce -0.6% | 0.41% | −0.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -10.8% | 0.09% | −0.02 |
| NOW ServiceNow Inc. | Reduce -0.4% | 0.09% | −0.02 |
| SYK Stryker Corp. | Reduce -1.2% | 0.10% | −0.02 |
| GILD Gilead Sciences Inc. | Reduce -7.2% | 0.09% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.1% | 0.27% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -1.4% | 0.68% | −0.01 |
| EMR Emerson Electric Co. | Reduce -0.3% | 0.13% | −0.01 |
| SPGI S&P Global Inc. | Reduce -2.3% | 0.07% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -8.4% | 0.11% | −0.01 |
| SO The Southern Co. | Reduce -0.6% | 0.24% | −0.01 |
| UNP Union Pacific Corp. | Reduce -5.8% | 0.11% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.9% | 0.27% | −0.01 |
| ADP Automatic Data Processing | Reduce -1.8% | 0.07% | −0.01 |
| CVX Chevron Corp. | Reduce -4.6% | 0.22% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -1.1% | 0.13% | −0.01 |
| AMGN Amgen Inc. | Reduce -4.2% | 0.07% | −0.01 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -0.9% | 0.22% | −0.01 |
| HD Home Depot Inc. | Reduce -3.0% | 0.45% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| META Meta Platforms Inc. Class A | Add +85.5% | 2.36% | +0.97 |
| NVDA Nvidia Corp. | Add +2.3% | 6.57% | +0.67 |
| AAPL Apple Inc. | Add +0.5% | 4.62% | +0.60 |
| GOOG Alphabet Inc. Class C | Add +0.9% | 2.51% | +0.54 |
| PLTR Palantir Technologies Inc. Class A | Add +380.6% | 0.65% | +0.54 |
| TDG Transdigm Group Inc. | New | 0.41% | +0.41 |
| AVGO Broadcom Inc. | Add +3.0% | 2.49% | +0.30 |
| LRCX Lam Research Corp. | Add +286.4% | 0.36% | +0.29 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.28% | +0.28 |
| ANET Arista Networks Inc. | Add +6.8% | 0.83% | +0.24 |
| ABBV Abbvie Inc. | Add +5.3% | 1.27% | +0.22 |
| AMD Advanced Micro Devices | New | 0.22% | +0.22 |
| IBDT iShares Ibonds Dec 2028 ETF | New | 0.18% | +0.18 |
| FIX Comfort Systems USA Inc. | Add +5.7% | 0.42% | +0.14 |
| GE General Electric | Add +79.0% | 0.27% | +0.13 |
| APH Amphenol Corp. Class A | Add +84.7% | 0.25% | +0.13 |
| BSCP Invesco Bulletshares 2025 CB | Add +13.8% | 2.35% | +0.11 |
| ACIO Aptus Collared Invest Opp | Add +21.9% | 0.72% | +0.11 |
| JAAA Janus Henderson Aaa Clo ETF | Add +18.4% | 1.19% | +0.10 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +83.0% | 0.24% | +0.10 |
| KMI Kinder Morgan Inc. | New | 0.10% | +0.10 |
| BSCR Invesco Bulletshares 2027 CB | Add +21.5% | 0.82% | +0.09 |
| GEV GE Vernova Inc. | Add +2.1% | 1.00% | +0.09 |
| TEL Te Connectivity PLC | New | 0.09% | +0.09 |
| JEPI JPMorgan Equity Premium Inco | Add +23.1% | 0.69% | +0.08 |
| TJX TJX Companies Inc. | Add +2.1% | 0.80% | +0.07 |
| BKR Baker Hughes Co. | New | 0.07% | +0.07 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.07% | +0.07 |
| BSCQ Invesco Bulletshares 2026 CB | Add +14.9% | 1.11% | +0.06 |
| BSJP Invesco Bulletshares 2025 HY | Add +17.4% | 0.86% | +0.06 |
| ORCL Oracle Corp. | Add +3.1% | 0.35% | +0.06 |
| PWR Quanta Services Inc. | Add +6.0% | 0.63% | +0.04 |
| IBDR iShares Ibonds Dec 2026 Term | Add +16.7% | 0.43% | +0.03 |
| MINT PIMCO Enhanced Short Maturit | Add +11.6% | 0.90% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +26.0% | 0.12% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +1.6% | 2.44% | +0.02 |
| JNJ Johnson & Johnson | Add +0.7% | 0.21% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +14.8% | 0.17% | +0.02 |
| XOM Exxon Mobil Corp. | Add +8.1% | 0.53% | +0.02 |
| IBTG iShares Ibonds Dec 2026 Term | Add +11.1% | 0.72% | +0.02 |
| SCHG Schwab US Large-Cap Growth | Add +1.1% | 0.88% | +0.02 |
| IBHG iShares Ibonds 2027 HY Inc. | Add +23.9% | 0.10% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 2.30% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +0.3% | 0.45% | +0.01 |
| IBTH iShares Ibonds Dec 2027 Term | Add +9.6% | 0.73% | +0.01 |
| XLK SS Technology Select Sector | Add +3.1% | 0.08% | +0.00 |
| DECK Deckers Outdoor Corp. | Add +10.5% | 0.12% | +0.00 |
| PEP Pepsico Inc. | Add +2.2% | 0.07% | +0.00 |
| DGRO iShares Core Dividend Growth | Add +0.0% | 0.08% | −0.00 |
| WMT Walmart Inc. | Add +1.3% | 0.28% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 165 | $355.3M | NVDA, AAPL, MSFT, RWL, GOOG |
| Q1 2026 | 163 | $325.8M | NVDA, AAPL, MSFT, RWL, APLD |
| Q4 2025 | 161 | $301.9M | NVDA, MSFT, AAPL, RWL, GOOG |
| Q3 2025 | 163 | $299.5M | NVDA, MSFT, AAPL, RWL, AMZN |
| Q2 2025Amended | 164 | $276.2M | MSFT, NVDA, AAPL, RWL, AMZN |
| Q1 2025 | 150 | $240.2M | MSFT, AAPL, NVDA, RWL, AMZN |
| Q4 2024 | 115 | $201.3M | MSFT, NVDA, AAPL, RWL, VTV |