Thoroughbred Financial Services, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Thoroughbred Financial Services, LLC reported 564 stock positions worth $1.6 billion. Its top holding was Nvidia (NVDA) at 5.9% of the portfolio, followed by Apple (AAPL, 4.9%) and Microsoft (MSFT, 3.3%). Compared with Q2 2025, it opened 46 new positions, sold out of 27, added to 240 and reduced 234. The biggest buy was Apple (AAPL, shares +7%) and the biggest sale Eli Lilly (LLY, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- BRENTWOOD, TN
- CIK
- 0001091370
- Portfolio Value
- $1.6B (Q3 2025)
- SEC Filing
- 0001091370-25-000009 ↗ filed Nov 10, 2025
Holdings Value
Holdings 564 stocks · $1.6B
| NVDA Nvidia Corp. | 5.86% | 508,901 | $95.0M | Add +0.9% |
| AAPL Apple Inc. | 4.86% | 309,103 | $78.7M | Add +7.1% |
| MSFT Microsoft Corp. | 3.33% | 104,057 | $53.9M | Add +1.1% |
| AMZN Amazon.com Inc. | 2.28% | 167,927 | $36.9M | Add +0.2% |
| AVGO Broadcom Inc. | 2.12% | 103,973 | $34.3M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.74% | 46,936 | $28.2M | Reduce -1.9% |
| QQQM Invesco Nasdaq 100 ETF | 1.72% | 112,661 | $27.8M | Add +8.9% |
| TSM Taiwan Semiconductor-SP ADR | 1.60% | 93,007 | $26.0M | Add +12.0% |
| JPM JPMorgan Chase & Co. | 1.51% | 77,455 | $24.4M | Add +1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.37% | 44,087 | $22.2M | Add +0.0% |
| APP AppLovin Corp. Class A | 1.25% | 28,126 | $20.2M | Add +2.8% |
| GOOG Alphabet Inc. Class C | 1.24% | 82,573 | $20.1M | Reduce -2.0% |
| WMT Walmart Inc. | 1.22% | 191,381 | $19.7M | Add +1.8% |
| VOO Vanguard S&P 500 ETF | 1.21% | 31,929 | $19.6M | Add +7.8% |
| COWZ Pacer US Cash Cows 100 ETF | 1.19% | 335,492 | $19.3M | Reduce -15.3% |
| GOOGL Alphabet Inc. Class A | 1.19% | 79,064 | $19.2M | Add +2.1% |
| META Meta Platforms Inc. Class A | 1.13% | 24,865 | $18.3M | Add +7.3% |
| JEPI JPMorgan Equity Premium Inco | 1.12% | 317,292 | $18.1M | Reduce -5.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.10% | 54,537 | $17.9M | Add +9.0% |
| ITOT iShares Core S&P Total U.S. | 1.07% | 119,209 | $17.4M | Reduce -0.9% |
| IWY iShares Russell Top 200 Grow | 1.03% | 60,795 | $16.6M | Add +3.5% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.02% | 394,321 | $16.6M | Add +22.7% |
| RWL Invesco S&P 500 Revenue ETF | 1.01% | 148,408 | $16.4M | Add +0.5% |
| CLS Celestica Inc. | 0.89% | 58,639 | $14.4M | Reduce -1.5% |
| SHOP Shopify Inc. Class A | 0.89% | 96,653 | $14.4M | Reduce -1.2% |
| IVV iShares Core S&P 500 ETF | 0.86% | 20,830 | $13.9M | Add +11.0% |
| IOO iShares Global 100 ETF | 0.79% | 105,983 | $12.7M | Reduce -0.3% |
| XLG Invesco S&P 500 Top 50 ETF | 0.73% | 205,360 | $11.8M | Add +9.8% |
| QTOP iShares NSDQ Top 30 Stocks | 0.70% | 366,243 | $11.4M | Add +23.3% |
| RDVY First Trust Rising Dividend | 0.69% | 165,130 | $11.1M | Reduce -0.2% |
| HD Home Depot Inc. | 0.68% | 27,010 | $10.9M | Add +0.1% |
| DGRO iShares Core Dividend Growth | 0.63% | 150,247 | $10.2M | Reduce -7.7% |
| LLY Eli Lilly & Co. | 0.62% | 13,119 | $10.0M | Reduce -27.2% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.62% | 95,354 | $10.0M | Reduce -1.4% |
| V Visa Inc. Class A | 0.58% | 27,455 | $9.4M | Add +1.9% |
| MELI MercadoLibre Inc. | 0.57% | 3,956 | $9.2M | Add +1.6% |
| CGGR Cap Group Growth Equity | 0.56% | 207,119 | $9.1M | Add +25.1% |
| COST Costco Wholesale Corp. | 0.53% | 9,276 | $8.6M | Add +1.3% |
| TSLA Tesla Inc. | 0.53% | 19,175 | $8.5M | Reduce -15.2% |
| FDVV Fidelity High Dividend ETF | 0.51% | 147,895 | $8.2M | Add +9.4% |
| MU Micron Technology Inc. | 0.50% | 48,101 | $8.0M | Add +186.2% |
| IUSG iShares Core S&P U.S. Growth | 0.46% | 45,524 | $7.5M | Reduce -2.3% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.46% | 160,943 | $7.5M | Add +4.0% |
| SPGP Invesco S&P 500 Garp ETF | 0.46% | 65,166 | $7.4M | Reduce -2.4% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.44% | 122,553 | $7.0M | Add +6.1% |
| SPMO Invesco S&P 500 Momentum ETF | 0.43% | 57,577 | $7.0M | Add +46.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 131,020 | $6.8M | Add +4.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.42% | 13,778 | $6.8M | Add +10.4% |
| XMMO Invesco S&P Midcap Momentum | 0.42% | 49,849 | $6.7M | Add +6.0% |
| NFLX Netflix Inc. | 0.41% | 5,603 | $6.7M | Add +8.0% |
| MA Mastercard Inc. Class A | 0.41% | 11,661 | $6.6M | Add +2.0% |
| XOM Exxon Mobil Corp. | 0.39% | 56,107 | $6.3M | Add +2.5% |
| TCAF T Rowe PRC Cap Appreciation | 0.39% | 166,194 | $6.3M | Add +82.8% |
| HCA HCA Healthcare Inc. | 0.38% | 14,516 | $6.2M | Reduce -3.4% |
| CVX Chevron Corp. | 0.38% | 39,551 | $6.1M | Add +1.3% |
| SCHD Schwab US DVD Equity ETF | 0.36% | 213,740 | $5.8M | Reduce -18.6% |
| MOD Modine Manufacturing Co. | 0.36% | 40,728 | $5.8M | Reduce -0.5% |
| RSP Invesco S&P 500 Equal Weight | 0.35% | 29,992 | $5.7M | Add +2.6% |
| SCHG Schwab US Large-Cap Growth | 0.35% | 176,732 | $5.6M | Reduce -3.3% |
| SPHQ Invesco S&P 500 Quality ETF | 0.35% | 76,309 | $5.6M | Reduce -0.7% |
| PLTR Palantir Technologies Inc. Class A | 0.34% | 30,641 | $5.6M | Add +13.5% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.34% | 140,664 | $5.6M | Add +15.4% |
| MPC Marathon Petroleum Corp. | 0.34% | 28,302 | $5.5M | Reduce -0.1% |
| DIVI Franklin International Core | 0.32% | 138,033 | $5.2M | Add +4.6% |
| URI United Rentals Inc. | 0.31% | 5,304 | $5.1M | Add +25.6% |
| NOBL Proshares S&P 500 Dividend A | 0.30% | 47,660 | $4.9M | Reduce -7.9% |
| AMD Advanced Micro Devices | 0.30% | 30,173 | $4.9M | Add +9.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.30% | 10,402 | $4.8M | Reduce -1.1% |
| LIN Linde PLC | 0.30% | 10,088 | $4.8M | Add +1.2% |
| PKW Invesco Buyback Achievers Et | 0.29% | 36,052 | $4.8M | Add +9.3% |
| CAT Caterpillar Inc. | 0.29% | 9,979 | $4.8M | Reduce -2.0% |
| VLO Valero Energy Corp. | 0.29% | 27,599 | $4.7M | Reduce -0.1% |
| CRDO Credo Technology Group Holdi | 0.29% | 32,095 | $4.7M | Reduce -0.7% |
| JNJ Johnson & Johnson | 0.28% | 24,367 | $4.5M | Add +0.6% |
| ABBV Abbvie Inc. | 0.28% | 19,506 | $4.5M | Add +4.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.28% | 171,229 | $4.5M | Reduce -3.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 17,334 | $4.4M | Reduce -2.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 6,538 | $4.4M | Reduce -3.0% |
| DIVO Amplify CWP Enhan Divid ETF | 0.26% | 95,530 | $4.3M | Add +22.2% |
| RTX RTX Corp. | 0.26% | 25,232 | $4.2M | Add +1.1% |
| ORCL Oracle Corp. | 0.26% | 14,930 | $4.2M | Add +12.4% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.26% | 119,846 | $4.2M | Add +6.8% |
| IXUS iShares Core Intl Stock ETF | 0.25% | 49,974 | $4.1M | Reduce -0.1% |
| GS Goldman Sachs Group Inc. | 0.25% | 5,126 | $4.1M | Reduce -0.1% |
| IWL iShares Russell Top 200 ETF | 0.25% | 24,492 | $4.1M | Reduce -1.2% |
| MOAT Vaneck Morningstar Wide Moat | 0.25% | 40,950 | $4.1M | Reduce -5.6% |
| FAST Fastenal Co. | 0.25% | 82,703 | $4.1M | Reduce -0.3% |
| ZS Zscaler Inc. | 0.25% | 13,482 | $4.0M | Add +17.7% |
| GLW Corning Inc. | 0.25% | 49,125 | $4.0M | Reduce -1.3% |
| STRL Sterling Infrastructure Inc. | 0.25% | 11,725 | $4.0M | Add +4.1% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.24% | 100,077 | $4.0M | Add +8.3% |
| OKLO Oklo Inc. | 0.24% | 35,042 | $3.9M | Add +7.0% |
| SMCI Super Micro Computer Inc. | 0.23% | 79,404 | $3.8M | Add +6.1% |
| AIRR First Trust Rba American Ind | 0.23% | 38,670 | $3.7M | Add +25.0% |
| IBTK iShares Ibonds Dec 2030 Trea | 0.23% | 187,023 | $3.7M | Add +54.5% |
| VEA Vanguard Ftse Developed ETF | 0.23% | 61,816 | $3.7M | Add +5.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 7,675 | $3.7M | Add +2.2% |
| SOXX iShares Semiconductor ETF | 0.23% | 13,570 | $3.7M | Add +6.8% |
| IBTI iShares Ibonds Dec 2028 Term | 0.22% | 161,909 | $3.6M | Add +22.7% |
| CSCO Cisco Systems Inc. | 0.22% | 52,837 | $3.6M | Reduce -0.9% |
Portfolio Sells Q2 2025 → Q3 2025
| LLY Eli Lilly & Co. | Reduce -27.2% | 0.62% | −0.36 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -15.3% | 1.19% | −0.33 |
| JEPI JPMorgan Equity Premium Inco | Reduce -5.8% | 1.12% | −0.22 |
| CRWV Coreweave Inc. Class A | Reduce -32.7% | 0.17% | −0.17 |
| CRM Salesforce Inc. | Reduce -35.5% | 0.15% | −0.16 |
| INTU Intuit Inc. | Reduce -43.9% | 0.10% | −0.14 |
| SCHD Schwab US DVD Equity ETF | Reduce -18.6% | 0.36% | −0.13 |
| ISRG Intuitive Surgical Inc. | Reduce -26.9% | 0.14% | −0.12 |
| AMAT Applied Materials Inc. | Reduce -79.2% | 0.03% | −0.12 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.9% | 1.74% | −0.10 |
| DGRO iShares Core Dividend Growth | Reduce -7.7% | 0.63% | −0.10 |
| TTD Trade Desk Inc./the Class A | Reduce -79.6% | 0.01% | −0.09 |
| PGR Progressive Corp. | Reduce -61.0% | 0.04% | −0.08 |
| OPFI Oppfi Inc. | Sold out | 0.00% | −0.08 |
| FRSH Freshworks Inc. Class A | Sold out | 0.00% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -27.4% | 0.15% | −0.07 |
| ATYR Atyr Pharma Inc. | Sold out | 0.00% | −0.07 |
| CAVA Cava Group Inc. | Reduce -12.1% | 0.08% | −0.07 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.9% | 1.07% | −0.06 |
| NOBL Proshares S&P 500 Dividend A | Reduce -7.9% | 0.30% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -31.6% | 0.08% | −0.06 |
| IA Innovative Solutions & Supp | Sold out | 0.00% | −0.05 |
| SCHX Schwab US Large-Cap ETF | Reduce -26.8% | 0.12% | −0.05 |
| NOW ServiceNow Inc. | Reduce -6.8% | 0.14% | −0.05 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -1.4% | 0.62% | −0.05 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.05 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -2.4% | 0.46% | −0.05 |
| HON Honeywell International Inc. | Reduce -1.7% | 0.16% | −0.04 |
| MFC Manulife Financial Corp. | Sold out | 0.00% | −0.04 |
| JQUA JPMorgan US Quality Factor | Reduce -11.1% | 0.20% | −0.04 |
| FISV Fiserv Inc. | Reduce -14.2% | 0.05% | −0.04 |
| KO The Coca-Cola Co. | Reduce -4.0% | 0.15% | −0.04 |
| RDVY First Trust Rising Dividend | Reduce -0.2% | 0.69% | −0.04 |
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -53.3% | 0.03% | −0.04 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.04 |
| AEVA Aeva Technologies Inc. | Sold out | 0.00% | −0.04 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -0.7% | 0.35% | −0.04 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -13.1% | 0.16% | −0.04 |
| CHD Church & Dwight Co. Inc. | Reduce -18.0% | 0.07% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -0.9% | 0.22% | −0.04 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -5.6% | 0.25% | −0.03 |
| TWLO Twilio Inc. Class A | Reduce -6.1% | 0.07% | −0.03 |
| COIN Coinbase Global Inc. Class A | Reduce -1.2% | 0.17% | −0.03 |
| BNOV Innovator U.S. Equity Buffer | Reduce -18.9% | 0.10% | −0.03 |
| FDX FedEx Corp. | Reduce -61.4% | 0.02% | −0.03 |
| COWG Pacer US LRG Cap Cows GR LD | Reduce -10.9% | 0.13% | −0.03 |
| HACK Amplify Cybersecurity ETF | Reduce -2.3% | 0.19% | −0.03 |
| ADP Automatic Data Processing | Reduce -16.7% | 0.07% | −0.03 |
| IUSG iShares Core S&P U.S. Growth | Reduce -2.3% | 0.46% | −0.03 |
| FJAN FT Vest U.S. Equity Buffer E | Reduce -53.7% | 0.02% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +7.1% | 4.86% | +0.72 |
| APP AppLovin Corp. Class A | Add +2.8% | 1.25% | +0.58 |
| MU Micron Technology Inc. | Add +186.2% | 0.50% | +0.35 |
| NVDA Nvidia Corp. | Add +0.9% | 5.86% | +0.29 |
| TSM Taiwan Semiconductor-SP ADR | Add +12.0% | 1.60% | +0.29 |
| GOOGL Alphabet Inc. Class A | Add +2.1% | 1.19% | +0.23 |
| TCAF T Rowe PRC Cap Appreciation | Add +82.8% | 0.39% | +0.16 |
| RGTI Rigetti Computing Inc. | Add +35.7% | 0.22% | +0.15 |
| AVGO Broadcom Inc. | Add +1.3% | 2.12% | +0.14 |
| CGDV Cap Group Dividend Value | Add +22.7% | 1.02% | +0.14 |
| SPMO Invesco S&P 500 Momentum ETF | Add +46.2% | 0.43% | +0.12 |
| QTOP iShares NSDQ Top 30 Stocks | Add +23.3% | 0.70% | +0.12 |
| OKLO Oklo Inc. | Add +7.0% | 0.24% | +0.11 |
| LRCX Lam Research Corp. | Add +115.2% | 0.18% | +0.11 |
| NBIS Nebius Group NV | Add +31.9% | 0.17% | +0.10 |
| CGGR Cap Group Growth Equity | Add +25.1% | 0.56% | +0.09 |
| AXON Axon Enterprise Inc. | New | 0.09% | +0.09 |
| URI United Rentals Inc. | Add +25.6% | 0.31% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +13.5% | 0.34% | +0.09 |
| QQQM Invesco Nasdaq 100 ETF | Add +8.9% | 1.72% | +0.08 |
| GE General Electric | Add +189.1% | 0.11% | +0.07 |
| QBTS D-Wave Quantum Inc. | Add +1.0% | 0.20% | +0.07 |
| GD General Dynamics Corp. | Add +71.1% | 0.15% | +0.07 |
| STRL Sterling Infrastructure Inc. | Add +4.1% | 0.25% | +0.06 |
| COF Capital One Financial Corp. | New | 0.06% | +0.06 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +54.5% | 0.23% | +0.06 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +63.2% | 0.19% | +0.06 |
| IBTL iShares Ibonds Dec 2031 Term | Add +63.1% | 0.19% | +0.06 |
| ORCL Oracle Corp. | Add +12.4% | 0.26% | +0.06 |
| VISN Vistance Networks Inc. | New | 0.06% | +0.06 |
| CGGE Cap Group Global Eq | Add +298.2% | 0.08% | +0.05 |
| AIRR First Trust Rba American Ind | Add +25.0% | 0.23% | +0.05 |
| EQWL Invesco S&P 100 Equal Weight | Add +150.4% | 0.09% | +0.05 |
| ALL Allstate Corp. | Add +236.5% | 0.07% | +0.05 |
| SOFI Sofi Technologies Inc. | Add +212.2% | 0.07% | +0.05 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.05% | +0.05 |
| XLG Invesco S&P 500 Top 50 ETF | Add +9.8% | 0.73% | +0.05 |
| AVNM Avantis All Intl MKTS Eq ETF | Add +43.5% | 0.17% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +11.0% | 0.86% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.0% | 1.10% | +0.04 |
| BLK BlackRock Inc. | New | 0.04% | +0.04 |
| IBTM iShares Ibnds Dec 2032 TT | Add +58.9% | 0.14% | +0.04 |
| PSIX Power Solutions Internationa | Add +2.7% | 0.15% | +0.04 |
| EVMO Eaton Vance Mortgage Opp ETF | New | 0.04% | +0.04 |
| IONQ Ionq Inc. | Add +11.3% | 0.12% | +0.04 |
| ABBV Abbvie Inc. | Add +4.1% | 0.28% | +0.04 |
| QTUM Defiance Quantum ETF | New | 0.04% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +10.8% | 0.22% | +0.03 |
| KLAC KLA Corp. | Add +18.3% | 0.16% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +7.8% | 1.21% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 624 | $2.1B | NVDA, AAPL, MU, TSM, QQQM |
| Q1 2026 | 574 | $1.7B | NVDA, AAPL, MSFT, AMZN, TSM |
| Q4 2025 | 576 | $1.7B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q3 2025 | 564 | $1.6B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q2 2025 | 545 | $1.4B | NVDA, AAPL, MSFT, AMZN, AVGO |
| Q1 2025 | 671 | $1.6B | AAPL, NVDA, MSFT, AMZN, COWZ |
| Q4 2024 | 687 | $1.6B | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q3 2024 | 656 | $1.6B | NVDA, AAPL, MSFT, AMZN, COWZ |
| Q2 2024 | 633 | $1.5B | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q1 2024 | 458 | $1.0B | NVDA, AAPL, MSFT, AMZN, COWZ |