Titleist Asset Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Titleist Asset Management, LLC reported 290 stock positions worth $861.4 million. Its top holding was iShares 0-3 Month Treasury B (SGOV) at 9.8% of the portfolio, followed by Tesla (TSLA, 5.3%) and Nvidia (NVDA, 3.0%). Compared with Q4 2024, it opened 23 new positions, sold out of 35, added to 130 and reduced 118. The biggest buy was a new position in Vngrd Mrgstr MG CP VL ETF-Ui (MGV) and the biggest sale Tesla (TSLA, shares −2%).

Most Recent 13F
Q2 2026
Location
SAN ANTONIO, TX
CIK
0001977759
Portfolio Value
$861.4M (Q1 2025)
SEC Filing
0001104659-25-049171 ↗ filed May 15, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $570.7M Q1 2024 Q2 2024: $659.9M Q2 2024 Q3 2024: $690.8M Q3 2024 Q4 2024: $868.2M Q4 2024 Q1 2025: $861.4M $861.4M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.2B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 290 stocks · $861.4M

SGOV iShares 0-3 Month Treasury B 9.84% 841,644 $84.7M Reduce -2.8%
TSLA Tesla Inc. 5.28% 175,369 $45.4M Reduce -1.6%
NVDA Nvidia Corp. 3.00% 238,654 $25.9M Add +3.9%
IJH iShares Core S&P Midcap ETF 3.00% 442,257 $25.8M Add +52.9%
IWM iShares Russell 2000 ETF 2.94% 127,133 $25.4M Reduce -0.0%
LISTED FD TR 2.77% 702,787 $23.9M Reduce -25.6%
RSP Invesco S&P 500 Equal Weight 2.33% 115,674 $20.0M Add +7.6%
VTI VG Morningstar TS MKT ETF-US 1.94% 60,743 $16.7M Add +8.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.93% 29,759 $16.6M Add +15.0%
AAPL Apple Inc. 1.79% 69,416 $15.4M Add +12.9%
IWY iShares Russell Top 200 Grow 1.62% 66,112 $13.9M Add +15.5%
BRK.B Berkshire Hathaway Inc. Class B 1.61% 26,062 $13.9M Add +5.1%
VUG Vanguard Mrngstar GR ETF-Sui 1.60% 37,105 $13.8M Add +23.4%
ARKB ARK 21SHARES Bitcoin ETF 1.53% 160,554 $13.2M Reduce -11.0%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 1.50% 100,033 $12.9M New
AMZN Amazon.com Inc. 1.38% 62,603 $11.9M Add +5.8%
VTV Vanguard Mrngstr Val ETF-Aui 1.36% 67,924 $11.7M Add +63.4%
IJR iShares Core S&P Small-Cap E 1.28% 105,420 $11.0M Add +77.3%
VHT Vanguard Health Care ETF 1.15% 37,430 $9.9M Add +37.7%
BND Vanguard Total Bond Market 1.11% 130,345 $9.6M Add +10.6%
PLTR Palantir Technologies Inc. Class A 1.00% 101,724 $8.6M Reduce -13.0%
IBTK iShares Ibonds Dec 2030 Trea 0.98% 430,498 $8.5M New
EFA iShares MSCI Eafe ETF 0.90% 94,752 $7.7M Add +12.2%
IBTH iShares Ibonds Dec 2027 Term 0.88% 339,809 $7.6M New
ARKK ARK Innovation ETF 0.83% 150,646 $7.2M Add +17.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.82% 27,212 $7.0M Add +38.4%
VGT Vanguard Info Tech ETF 0.81% 12,863 $7.0M Add +20.8%
VUSB Vanguard Ultra Short Bond Et 0.76% 132,164 $6.6M Add +5.7%
BIL SS SPDR BB 1-3M T-Bill ETF 0.76% 71,632 $6.6M Reduce -59.5%
IEMG iShares Core MSCI Emerging 0.76% 121,616 $6.6M Reduce -1.8%
VB Vanguard Most SM-Cap ETF-Usd 0.76% 29,441 $6.5M Add +7.4%
IBTG iShares Ibonds Dec 2026 Term 0.75% 281,727 $6.5M New
LVHI Franklin International Low V 0.73% 193,644 $6.3M Add +453.8%
PTLC Pacer Trendpilot US Large Ca 0.70% 117,377 $6.0M New
VEA Vanguard Ftse Developed ETF 0.69% 117,484 $6.0M Add +11.2%
QUAL iShares MSCI USA Quality Fac 0.68% 34,504 $5.9M Add +10.3%
COWZ Pacer US Cash Cows 100 ETF 0.68% 106,548 $5.8M Add +4.1%
VIG Vanguard Dividend Apprec ETF 0.66% 29,419 $5.7M Add +48.8%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.66% 19,720 $5.7M Add +208.9%
IBTI iShares Ibonds Dec 2028 Term 0.66% 255,389 $5.7M New
IDMO Invesco S&P International DE 0.64% 124,398 $5.5M Add +0.3%
AVGO Broadcom Inc. 0.62% 31,950 $5.3M Reduce -3.9%
XOM Exxon Mobil Corp. 0.58% 42,085 $5.0M Reduce -36.1%
SCHD Schwab US DVD Equity ETF 0.55% 169,954 $4.8M Add +110.5%
BA The Boeing Co. 0.55% 27,860 $4.8M Add +3.0%
XSMO Invesco S&P Smallcap Momentu 0.55% 75,464 $4.7M Add +1.8%
XMMO Invesco S&P Midcap Momentum 0.54% 40,819 $4.6M Add +410.9%
IEF iShares 7-10 Year Treasury B 0.53% 47,581 $4.5M Add +42.6%
IBIT iShares Bitcoin Trust ETF 0.53% 96,821 $4.5M Add +53.6%
GDX Vaneck Gold Miners ETF 0.52% 98,076 $4.5M Add +8.3%
VTC Vanguard Total Corporate BND 0.52% 58,344 $4.5M Add +49.3%
GOOG Alphabet Inc. Class C 0.51% 28,110 $4.4M Add +12.3%
RDVY First Trust Rising Dividend 0.51% 74,518 $4.4M Add +11.1%
IWN iShares Russell 2000 Value E 0.49% 28,199 $4.3M Reduce -0.2%
HEFA Isha Curr Hedged MSCI Eafe 0.49% 117,212 $4.3M Reduce -0.9%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.49% 16,808 $4.2M Add +0.1%
AVUV Avantis US Small Cap Value 0.49% 48,131 $4.2M Add +3.3%
CVX Chevron Corp. 0.48% 24,738 $4.1M Add +7.6%
MSFT Microsoft Corp. 0.47% 10,832 $4.1M Reduce -6.7%
VGSH Vanguard Short-Term Treasury 0.47% 69,178 $4.1M Reduce -18.8%
VFMV Vanguard US Minimum Volatili 0.47% 32,014 $4.1M Add +45.4%
SPOT Spotify Technology SA 0.47% 7,366 $4.1M Reduce -62.7%
QQQ Invesco QQQ Trust Series 1 0.46% 8,500 $4.0M Add +1.5%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.46% 16,238 $4.0M Add +3.0%
GOOGL Alphabet Inc. Class A 0.45% 24,924 $3.9M Add +28.2%
VOO Vanguard S&P 500 ETF 0.42% 6,993 $3.6M Add +8.4%
ARKF ARK Blockchain & Fintech Inn 0.40% 103,485 $3.4M Reduce -3.9%
JPM JPMorgan Chase & Co. 0.40% 14,025 $3.4M Reduce -5.0%
FBND Fidelity Total Bond ETF 0.39% 73,980 $3.4M Add +3.6%
KBH KB Home 0.39% 57,684 $3.4M New
EDIV State Street SPDR S&P Emergi 0.39% 93,792 $3.3M Add +1.5%
STR Sitio Royalties Corp. Class A 0.38% 165,816 $3.3M Reduce -0.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.35% 72,245 $3.0M Reduce -17.5%
SDVY First Trust Smid Cap Rising 0.35% 89,004 $3.0M Add +6.8%
META Meta Platforms Inc. Class A 0.34% 5,081 $2.9M Add +4.4%
IVV iShares Core S&P 500 ETF 0.33% 5,086 $2.9M Add +1.7%
AMD Advanced Micro Devices 0.32% 27,201 $2.8M Add +4.0%
CRWD CrowdStrike Holdings Inc. Class A 0.32% 7,759 $2.7M Add +16.7%
XLE SS Energy Select Sector 0.31% 28,186 $2.6M Reduce -2.2%
DGRW Wisdomtree U.S. Quality Divi 0.30% 32,846 $2.6M Reduce -0.6%
WYNN WYNN Resorts Ltd. 0.30% 30,836 $2.6M Reduce -12.5%
UBER Uber Technologies Inc. 0.29% 34,476 $2.5M Add +52.5%
IGLB iShares 10+ Year Inv GR Corp. 0.29% 49,530 $2.5M Add +5.6%
LEN Lennar Corp. Class A 0.29% 21,557 $2.5M New
TEM Tempus AI Inc. Class A 0.27% 48,943 $2.4M New
CORZ Core Scientific Inc. 0.27% 324,229 $2.3M Add +218.7%
WM Waste Management Inc. 0.26% 9,750 $2.3M Reduce -62.4%
VWO Vanguard Ftse Emerging Marke 0.26% 49,631 $2.2M Add +10.7%
CCL Carnival Corp. 0.24% 106,332 $2.1M No change
AMLP Alerian MLP ETF 0.24% 39,797 $2.1M Add +6.6%
TLT iShares 20+ Year Treasury BD 0.24% 22,364 $2.0M Add +55.1%
SPYM Ste STR SPDR PT S&P 500 ETF 0.23% 30,095 $2.0M Add +38.6%
VCSH Vanguard S/T Corp. Bond ETF 0.23% 24,713 $2.0M Add +6.1%
DELL Dell Technologies -C 0.21% 20,031 $1.8M Add +27.9%
HAL Halliburton Co. 0.21% 71,147 $1.8M Add +5.6%
MCK McKesson Corp. 0.20% 2,623 $1.8M Add +0.1%
CCJ Cameco Corp. 0.20% 42,841 $1.8M Reduce -3.0%
FDX FedEx Corp. 0.20% 6,908 $1.7M Add +5.6%
SN Sharkninja Inc. 0.19% 19,648 $1.6M Add +0.3%
IBTJ iShares Ibonds Dec 2029 Term 0.18% 72,311 $1.6M New
DECK Deckers Outdoor Corp. 0.18% 13,990 $1.6M Add +657.9%
MBSD NT Disc Dur MBS ETF 0.18% 74,971 $1.5M Add +8.6%
MEAR Ishrs Short Mat Muni Act ETF 0.18% 30,190 $1.5M Add +9.3%
BABA Alibaba Group Holding-SP ADR 0.18% 11,456 $1.5M Reduce -45.7%
USHY iShares Broad Usd High Yield 0.17% 40,805 $1.5M Reduce -1.2%
JNJ Johnson & Johnson 0.17% 8,948 $1.5M Reduce -19.0%
PM Philip Morris International 0.17% 9,215 $1.5M Reduce -5.2%
VZ Verizon Communications Inc. 0.17% 32,214 $1.5M Reduce -41.5%
IHDG Wisdomtree International Hed 0.16% 32,680 $1.4M Reduce -3.6%
DASH DoorDash Inc. Class A 0.16% 7,611 $1.4M Add +0.5%
WMT Walmart Inc. 0.16% 15,748 $1.4M Add +9.8%
CMG Chipotle Mexican Grill Inc. 0.16% 27,517 $1.4M Add +101.6%
VCIT Vanguard Int-Term Corporate 0.16% 16,469 $1.3M Add +9.7%
V Visa Inc. Class A 0.15% 3,658 $1.3M Reduce -2.7%
DGRO iShares Core Dividend Growth 0.14% 20,012 $1.2M Add +0.0%
SHOP Shopify Inc. Class A 0.14% 12,828 $1.2M Reduce -27.8%
KVUE Kenvue Inc. 0.14% 50,720 $1.2M Reduce -55.9%
IWF iShares Russell 1000 Growth 0.14% 3,310 $1.2M Add +62.8%
NET Cloudflare Inc. Class A 0.14% 10,330 $1.2M Reduce -66.7%
HD Home Depot Inc. 0.13% 3,149 $1.2M Add +5.6%
DVY iShares Select Dividend ETF 0.13% 8,466 $1.1M Add +3.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.13% 27,073 $1.1M Add +2.7%
MELI MercadoLibre Inc. 0.13% 576 $1.1M Reduce -73.1%
FCX Freeport-McMoran Inc. 0.13% 29,155 $1.1M Add +1.8%
VWOB Vanguard Emerg MKTS Gov BND 0.13% 16,845 $1.1M Add +8.6%
DOCU Docusign Inc. 0.12% 12,756 $1.0M Reduce -0.3%
TMFC Motley Fool 100 Index ETF 0.11% 17,144 $954K Add +2.6%
VNOM Viper Energy Inc. 0.11% 21,000 $948K New
UNP Union Pacific Corp. 0.11% 4,004 $946K Add +1.1%
IUS Invesco Rafi Strategic US Et 0.11% 19,070 $941K Reduce -91.6%
IQLT iShares MSCI International Q 0.11% 23,585 $936K Reduce -10.8%
HOOD Robinhood Markets Inc. Class A 0.11% 21,892 $911K Reduce -30.6%
CAT Caterpillar Inc. 0.10% 2,732 $901K Reduce -10.8%
SBUX Starbucks Corp. 0.10% 8,917 $875K Reduce -4.1%
ONON On Holding AG Class A filed as ON HLDG AG 0.10% 19,550 $859K Add +10.6%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 0.10% 35,776 $858K Add +5.6%
VYM Vanguard High DVD Yield ETF 0.10% 6,644 $857K Add +7.1%
CALF PCR US SM CP CSH CWS ETF-Usd 0.10% 22,725 $852K Add +13.8%
CLSK Cleanspark Inc. 0.10% 126,043 $847K Reduce -12.6%
DIVI Franklin International Core 0.10% 25,984 $847K Reduce -85.4%
JQUA JPMorgan US Quality Factor 0.10% 14,907 $842K Reduce -92.3%
PYLD PIMCO Multisector Bond Actv 0.10% 31,049 $818K New
DVN Devon Energy Corp. 0.09% 21,184 $792K Add +33.1%
NKE Nike Inc. Class B 0.09% 12,446 $790K Add +3.3%
IWD iShares Russell 1000 Value E 0.09% 4,021 $757K Add +2.4%
PCG P G & E Corp. 0.09% 43,922 $755K Reduce -0.3%
LNG Cheniere Energy Inc. 0.09% 3,259 $754K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.08% 6,660 $724K Reduce -6.5%
VSS Vanguard Ftse All Wo X-US SC 0.08% 6,223 $719K Add +4.9%
IAU iShares Gold Trust 0.08% 12,181 $718K Add +5.0%
KMI Kinder Morgan Inc. 0.08% 24,805 $708K Reduce -7.0%
SCHW Schwab (charles) Corp. 0.08% 9,007 $705K Reduce -8.9%
TFLO iShares Treasury Floating Ra 0.08% 13,900 $704K New
SPSM SS SPDR P S&P 600 Small Cap 0.08% 17,230 $702K Add +1.0%
UNH Unitedhealth Group Inc. 0.08% 1,313 $687K Reduce -36.8%
SMH Vaneck Semiconductor ETF 0.08% 3,172 $671K Reduce -8.2%
CFR Cullen/Frost Bankers Inc. 0.08% 5,287 $662K Add +0.1%
T AT&T Inc. 0.08% 23,361 $661K Reduce -2.3%
MO Altria Group Inc. 0.07% 10,769 $646K Add +0.4%
ROKU Roku Inc. 0.07% 9,150 $645K Reduce -7.1%
ASML ASML Holding NV-NY Reg SHS 0.07% 961 $637K Reduce -66.5%
AGG iShares Core U.S. Aggregate 0.07% 6,189 $612K Reduce -43.6%
LONZ PIMCO Senior Loan Active ETF 0.07% 12,053 $607K Add +1.9%
SCHO Schwab Short-Term US Treas 0.07% 24,804 $604K Reduce -2.0%
BTI British American Tob-SP ADR 0.07% 14,558 $602K Reduce -17.0%
BTC Grayscale Bitcoin Mini ETF 0.07% 16,354 $597K Add +16.3%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.07% 11,441 $582K Reduce -0.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 5,846 $577K Reduce -21.0%
TPL Texas Pacific Land Corp. 0.07% 434 $575K Reduce -18.6%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.07% 15,776 $562K No change
MCD McDonald's Corp. 0.06% 1,790 $559K Add +15.5%
VT Vanguard Tot World STK ETF 0.06% 4,817 $559K Add +1.1%
SKYH SKY Harbour Group Corp. 0.06% 42,800 $557K No change
IHAK iShares Cybersecurity & Tech 0.06% 11,755 $552K Reduce -35.3%
VNQ Vanguard Real Estate ETF 0.06% 6,012 $544K Reduce -10.9%
QQQM Invesco Nasdaq 100 ETF 0.06% 2,788 $538K Add +5.9%
APD Air Products & Chemicals Inc. 0.06% 1,821 $537K Reduce -6.6%
GS Goldman Sachs Group Inc. 0.06% 975 $533K Add +34.7%
RWJ Invesco S&P Smallcap 600 0.06% 12,889 $525K Add +1.4%
SMMU PIMCO SHRT TRM Muni BND ETF 0.06% 10,439 $522K Add +3.4%
MUB iShares National Muni Bond E 0.06% 4,911 $518K No change
PYPL PayPal Holdings Inc. 0.06% 7,925 $517K Add +2.6%
GLD SPDR Gold Shares 0.06% 1,791 $516K Reduce -6.8%
GRAB Grab Holdings Ltd. Class A 0.06% 113,796 $515K New
MDT Medtronic PLC 0.06% 5,687 $511K Reduce -14.8%
EEM iShares MSCI Emerging Market 0.06% 11,652 $509K No change
PR Permian Resources Corp. Class A 0.06% 36,513 $506K Reduce -0.8%
MDY State Street SPDR S&P Midcap 0.06% 943 $503K Add +15.6%
PG The Procter & Gamble Co. 0.06% 2,949 $503K Add +13.1%
KO The Coca-Cola Co. 0.06% 6,914 $495K Reduce -9.8%
ENB Enbridge Inc. 0.06% 10,969 $486K Reduce -13.8%
DFSD Dimensional Short Duration 0.06% 10,204 $485K No change
COST Costco Wholesale Corp. 0.05% 493 $466K Reduce -19.2%
PANW Palo Alto Networks Inc. 0.05% 2,706 $462K Reduce -18.2%
XBI SS SPDR S&P Biotech ETF 0.05% 5,693 $462K Reduce -57.4%
C Citigroup Inc. 0.05% 6,282 $446K Reduce -17.2%
WFC Wells Fargo & Co. 0.05% 6,207 $446K Reduce -8.3%
ETN Eaton Corp. PLC 0.05% 1,617 $439K Reduce -29.8%
LLY Eli Lilly & Co. 0.05% 531 $438K Add +3.9%
ABT Abbott Laboratories 0.05% 3,302 $438K Reduce -3.9%
NEE Nextera Energy Inc. 0.05% 6,138 $435K Reduce -4.8%
PINS Pinterest Inc. Class A 0.05% 14,018 $435K Reduce -34.2%
NFLX Netflix Inc. 0.05% 461 $430K Reduce -6.1%
VONG Vanguard Russell 1000 Growth 0.05% 4,583 $425K Reduce -1.3%
XLI SS Industrial Select Sector 0.05% 3,218 $422K Reduce -13.3%
BLK BlackRock Inc. 0.05% 444 $420K Add +42.3%
COP Conocophillips 0.05% 3,984 $418K Reduce -11.3%
PEP Pepsico Inc. 0.05% 2,780 $417K Reduce -10.7%
MSI Motorola Solutions Inc. 0.05% 946 $414K Add +0.6%
MRK Merck & Co. Inc. 0.05% 4,510 $405K Add +7.4%
XFFCX Flaherty & Crumrine Pref Inc. 0.05% 25,277 $403K Add +7.7%
XLF SS Financial Select Sector 0.05% 8,071 $402K Reduce -13.6%
HON Honeywell International Inc. 0.05% 1,886 $399K Reduce -31.9%
SPG Simon Property Group Inc. 0.04% 2,326 $386K Reduce -0.4%
SHEL Shell PLC-ADR 0.04% 5,230 $383K Reduce -5.4%
CB Chubb Ltd. 0.04% 1,252 $378K Add +1.3%
WCC Wesco International Inc. 0.04% 2,431 $378K No change
TSM Taiwan Semiconductor-SP ADR 0.04% 2,207 $366K Reduce -20.9%
ABBV Abbvie Inc. 0.04% 1,730 $362K Add +13.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 1,451 $361K Add +1.4%
RTX RTX Corp. 0.04% 2,668 $353K Reduce -0.7%
WELL Welltower Inc. 0.04% 2,307 $353K No change
FUMB First Trust Ultra Short Dur 0.04% 17,093 $343K Reduce -0.2%
VTEB Vanguard Tax-Exempt Bond ETF 0.04% 6,685 $332K Add +0.0%
SDY SS SPDR S&P Dividend ETF 0.04% 2,429 $330K Reduce -8.8%
CGGR Cap Group Growth Equity 0.04% 9,542 $327K Add +0.3%
ORCL Oracle Corp. 0.04% 2,323 $325K Reduce -10.7%
DUK Duke Energy Corp. 0.04% 2,655 $324K Reduce -7.9%
BP BP PLC-Spons ADR 0.04% 9,540 $322K Add +0.3%
ALC Alcon Inc. filed as ALCON AG 0.04% 3,322 $315K Add +10.0%
CGDG Cap Group Dividend Growers filed as CAPITAL GROUP DIVIDEND GROWE 0.04% 10,163 $314K Add +1.6%
HALO Halozyme Therapeutics Inc. 0.04% 4,854 $310K No change
PFF iShares Preferred & Income S 0.04% 10,076 $310K Add +4.1%
VGIT Vanguard Intermediate-Term T 0.04% 5,194 $309K Add +17.1%
SCHX Schwab US Large-Cap ETF 0.04% 13,901 $307K No change
DD Dupont DE Nemours Inc. 0.04% 4,105 $307K Add +10.3%
CRH CRH PLC 0.04% 3,479 $306K Reduce -33.4%
ACN Accenture PLC Class A 0.04% 977 $305K Reduce -5.6%
FBTC Fidelity Wise Origin Bitcoin 0.04% 4,217 $303K Reduce -11.1%
MA Mastercard Inc. Class A 0.04% 553 $303K Reduce -7.2%
DFAU Dimensional US Core Equity M 0.03% 7,742 $298K Reduce -56.6%
AFL Aflac Inc. 0.03% 2,672 $297K Reduce -19.6%
BYLD iShares Yield Optimized Bond 0.03% 12,825 $288K Add +31.5%
COIN Coinbase Global Inc. Class A 0.03% 1,659 $286K New
ICF iShares Select U.S. REIT ETF 0.03% 4,634 $285K No change
CME Cme Group Inc. 0.03% 1,070 $284K New
O Realty Income Corp. 0.03% 4,806 $279K Add +7.7%
MPC Marathon Petroleum Corp. 0.03% 1,908 $278K Add +1.6%
PATH Uipath Inc. Class A 0.03% 26,560 $274K No change
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.03% 8,126 $271K Add +7.8%
CMCSA Comcast Corp. Class A 0.03% 7,276 $268K Reduce -10.6%
QCOM Qualcomm Inc. 0.03% 1,741 $267K Reduce -16.5%
XLV SS Health Care Select Sector 0.03% 1,800 $263K Reduce -3.6%
EELV Invesco S&P Emerging Markets 0.03% 10,746 $261K Reduce -4.7%
CGSD Cap Group Short Duration 0.03% 10,095 $261K Reduce -21.2%
RBLX Roblox Corp. Class A 0.03% 4,362 $254K No change
MDLZ Mondelez International Inc. Class A 0.03% 3,745 $254K Reduce -1.7%
LMT Lockheed Martin Corp. 0.03% 563 $251K Reduce -6.9%
AEP American Electric Power 0.03% 2,288 $250K Reduce -11.3%
SMB Vaneck Short Muni ETF 0.03% 14,525 $249K No change
ADI Analog Devices Inc. 0.03% 1,211 $244K Reduce -10.0%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.03% 3,091 $244K Reduce -20.3%
FLGB Franklin Ftse United Kingdom 0.03% 8,460 $242K Reduce -22.2%
PFE Pfizer Inc. 0.03% 9,513 $241K Reduce -12.8%
SEIX Virtus Seix Senior Loan ETF 0.03% 10,093 $238K New
MMM 3M Co. 0.03% 1,615 $237K Reduce -47.5%
CSCO Cisco Systems Inc. 0.03% 3,821 $236K Add +2.1%
AMGN Amgen Inc. 0.03% 752 $234K New
NXDR Nextdoor Holdings Inc. 0.03% 151,750 $232K Reduce -60.3%
TFIN Triumph Financial Inc. 0.03% 4,000 $231K New
AVLV Avantis US Large Cap Value 0.03% 3,541 $231K Add +0.2%
CRM Salesforce Inc. 0.03% 843 $226K New
XYZ Block Inc. 0.03% 4,066 $221K Reduce -56.5%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.03% 715 $221K Reduce -2.3%
VDE Vanguard Energy ETF 0.03% 1,696 $220K Add +0.1%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 631 $218K Reduce -14.7%
IWV iShares Russell 3000 ETF 0.03% 681 $216K No change
JAAA Janus Henderson Aaa Clo ETF 0.02% 4,212 $214K Add +2.1%
VOOV Vanguard S&P 500 Value ETF 0.02% 1,152 $212K Add +1.3%
SO The Southern Co. 0.02% 2,242 $206K New
OWL Blue Owl Capital Inc. 0.02% 10,273 $206K Reduce -34.2%
SOXX iShares Semiconductor ETF 0.02% 1,081 $203K Reduce -25.3%
MS Morgan Stanley 0.02% 1,721 $201K Reduce -22.9%
USAR USA Rare Earth Inc. 0.02% 24,450 $145K New
SLI Standard Lithium Ltd. 0.01% 100,671 $128K New
BHK BlackRock Core Bond Trust 0.01% 10,187 $111K Reduce -56.5%
JPC Nuveen Prefered & Income Opp 0.01% 12,490 $99K No change
DERM Journey Medical Corp. 0.01% 12,900 $76K Add +18.4%
OXFORD LANE CAP CORP 0.01% 10,000 $47K No change
FBIO Fortress Biotech Inc. 0.00% 21,000 $33K No change

Options reported separately and not counted above: TESLA INC calls ($2.4M), COINBASE GLOBAL INC calls ($586K), AMAZON COM INC calls ($321K).

Other holdings (1): bonds, preferreds, convertibles and warrants · $205K (not counted above)
SecurityClassShares / PrincipalValueChange
USA RARE EARTH INC *W EXP 03/13/203 306,041$205KNew

Total filed on the 13F, all lines: $861.6M.

Portfolio Sells Q4 2024 → Q1 2025

TSLA Tesla Inc. Reduce -1.6% 5.28% −3.01
IUS Invesco Rafi Strategic US Et Reduce -91.6% 0.11% −1.19
JQUA JPMorgan US Quality Factor Reduce -92.3% 0.10% −1.18
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -59.5% 0.76% −1.10
LISTED FD TR Reduce -25.6% 2.77% −0.71
SPOT Spotify Technology SA Reduce -62.7% 0.47% −0.55
DIVI Franklin International Core Reduce -85.4% 0.10% −0.52
XMHQ Invesco S&P Midcap Qual ETF Sold out 0.00% −0.47
ARKB ARK 21SHARES Bitcoin ETF Reduce -11.0% 1.53% −0.41
WM Waste Management Inc. Reduce -62.4% 0.26% −0.34
IWM iShares Russell 2000 ETF Reduce -0.0% 2.94% −0.29
MELI MercadoLibre Inc. Reduce -73.1% 0.13% −0.29
AVGO Broadcom Inc. Reduce -3.9% 0.62% −0.27
NET Cloudflare Inc. Class A Reduce -66.7% 0.14% −0.25
OIH Vaneck Oil Services ETF Sold out 0.00% −0.24
XOM Exxon Mobil Corp. Reduce -36.1% 0.58% −0.23
SGOV iShares 0-3 Month Treasury B Reduce -2.8% 9.84% −0.17
ASML ASML Holding NV-NY Reg SHS Reduce -66.5% 0.07% −0.15
MRNA Moderna Inc. Sold out 0.00% −0.15
LMND Lemonade Inc. Sold out 0.00% −0.15
KVUE Kenvue Inc. Reduce -55.9% 0.14% −0.14
KWEB Kranesh Csi China Internet Sold out 0.00% −0.14
LULU Lululemon Athletica Inc. Sold out 0.00% −0.12
VGSH Vanguard Short-Term Treasury Reduce -18.8% 0.47% −0.10
NOW ServiceNow Inc. Sold out 0.00% −0.09
MSFT Microsoft Corp. Reduce -6.7% 0.47% −0.09
APP AppLovin Corp. Class A Sold out 0.00% −0.09
XBI SS SPDR S&P Biotech ETF Reduce -57.4% 0.05% −0.08
VZ Verizon Communications Inc. Reduce -41.5% 0.17% −0.08
NXDR Nextdoor Holdings Inc. Reduce -60.3% 0.03% −0.08
SHOP Shopify Inc. Class A Reduce -27.8% 0.14% −0.08
IJT iShares S&P Small-Cap 600 GR Sold out 0.00% −0.07
XYZ Block Inc. Reduce -56.5% 0.03% −0.07
ARKF ARK Blockchain & Fintech Inn Reduce -3.9% 0.40% −0.06
CCJ Cameco Corp. Reduce -3.0% 0.20% −0.06
CLSK Cleanspark Inc. Reduce -12.6% 0.10% −0.05
ADBE Adobe Inc. Sold out 0.00% −0.05
AGG iShares Core U.S. Aggregate Reduce -43.6% 0.07% −0.05
WYNN WYNN Resorts Ltd. Reduce -12.5% 0.30% −0.05
DFAU Dimensional US Core Equity M Reduce -56.6% 0.03% −0.05
UNH Unitedhealth Group Inc. Reduce -36.8% 0.08% −0.04
IWN iShares Russell 2000 Value E Reduce -0.2% 0.49% −0.04
XLK SS Technology Select Sector Sold out 0.00% −0.04
UPS United Parcel Service Class B Sold out 0.00% −0.04
IHAK iShares Cybersecurity & Tech Reduce -35.3% 0.06% −0.04
ETN Eaton Corp. PLC Reduce -29.8% 0.05% −0.04
ANET Arista Networks Inc. Sold out 0.00% −0.04
SLB SLB Ltd. Reduce -17.5% 0.35% −0.04
SNOW Snowflake Inc. Sold out 0.00% −0.04
XLY SS Consumer Disc Select Sect Sold out 0.00% −0.04

Portfolio Buys Q4 2024 → Q1 2025

MGV Vngrd Mrgstr MG CP VL ETF-Ui New 1.50% +1.50
IBTK iShares Ibonds Dec 2030 Trea New 0.98% +0.98
IJH iShares Core S&P Midcap ETF Add +52.9% 3.00% +0.92
IBTH iShares Ibonds Dec 2027 Term New 0.88% +0.88
IBTG iShares Ibonds Dec 2026 Term New 0.75% +0.75
PTLC Pacer Trendpilot US Large Ca New 0.70% +0.70
IBTI iShares Ibonds Dec 2028 Term New 0.66% +0.66
LVHI Franklin International Low V Add +453.8% 0.73% +0.60
VTV Vanguard Mrngstr Val ETF-Aui Add +63.4% 1.36% +0.55
IJR iShares Core S&P Small-Cap E Add +77.3% 1.28% +0.49
MSTR Strategy Inc. Add +208.9% 0.66% +0.45
XMMO Invesco S&P Midcap Momentum Add +410.9% 0.54% +0.43
KBH KB Home New 0.39% +0.39
VHT Vanguard Health Care ETF Add +37.7% 1.15% +0.36
BRK.B Berkshire Hathaway Inc. Class B Add +5.1% 1.61% +0.32
SCHD Schwab US DVD Equity ETF Add +110.5% 0.55% +0.30
LEN Lennar Corp. Class A New 0.29% +0.29
TEM Tempus AI Inc. Class A New 0.27% +0.27
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +38.4% 0.82% +0.22
VIG Vanguard Dividend Apprec ETF Add +48.8% 0.66% +0.22
SPY SS SPDR S&P 500 ETF Trust-US Add +15.0% 1.93% +0.19
IBTJ iShares Ibonds Dec 2029 Term New 0.18% +0.18
VTC Vanguard Total Corporate BND Add +49.3% 0.52% +0.18
VUG Vanguard Mrngstar GR ETF-Sui Add +23.4% 1.60% +0.18
IEF iShares 7-10 Year Treasury B Add +42.6% 0.53% +0.17
GDX Vaneck Gold Miners ETF Add +8.3% 0.52% +0.17
VFMV Vanguard US Minimum Volatili Add +45.4% 0.47% +0.17
EFA iShares MSCI Eafe ETF Add +12.2% 0.90% +0.16
RSP Invesco S&P 500 Equal Weight Add +7.6% 2.33% +0.16
IBIT iShares Bitcoin Trust ETF Add +53.6% 0.53% +0.14
DECK Deckers Outdoor Corp. Add +657.9% 0.18% +0.14
BND Vanguard Total Bond Market Add +10.6% 1.11% +0.13
UBER Uber Technologies Inc. Add +52.5% 0.29% +0.13
VEA Vanguard Ftse Developed ETF Add +11.2% 0.69% +0.11
VNOM Viper Energy Inc. New 0.11% +0.11
CORZ Core Scientific Inc. Add +218.7% 0.27% +0.11
CVX Chevron Corp. Add +7.6% 0.48% +0.10
PYLD PIMCO Multisector Bond Actv New 0.10% +0.10
TLT iShares 20+ Year Treasury BD Add +55.1% 0.24% +0.09
TFLO iShares Treasury Floating Ra New 0.08% +0.08
IWY iShares Russell Top 200 Grow Add +15.5% 1.62% +0.07
VTI VG Morningstar TS MKT ETF-US Add +8.4% 1.94% +0.07
CMG Chipotle Mexican Grill Inc. Add +101.6% 0.16% +0.07
GRAB Grab Holdings Ltd. Class A New 0.06% +0.06
IDMO Invesco S&P International DE Add +0.3% 0.64% +0.06
SPYM Ste STR SPDR PT S&P 500 ETF Add +38.6% 0.23% +0.06
CRWD CrowdStrike Holdings Inc. Class A Add +16.7% 0.32% +0.06
VUSB Vanguard Ultra Short Bond Et Add +5.7% 0.76% +0.05
RDVY First Trust Rising Dividend Add +11.1% 0.51% +0.05
VGT Vanguard Info Tech ETF Add +20.8% 0.81% +0.05

Options Activity Q4 2024 → Q1 2025

TESLA INC call Add +43.1% 9,300 $2.4M
GINKGO BIOWORKS HOLDINGS INC call Sold out 71,200 $699Kbefore exit
COINBASE GLOBAL INC call New 3,400 $586K
META PLATFORMS INC call Sold out 1,000 $586Kbefore exit
AMAZON COM INC call Add +50.0% 1,500 $321K
ISHARES TR call Sold out 1,000 $221Kbefore 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

USA RARE EARTH INC *W EXP 03/13/203 New 306,041 $205K
USARW Inflection Point Acquis-C-28 *W EXP 08/31/202 Sold out 167,300 $82Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 410$1.5BTSLA, SGOV, NVDA, IJH, IWM
Q1 2026 396$1.3BSGOV, TSLA, NVDA, IJH, IWM
Q4 2025 376$1.2BTSLA, SGOV, NVDA, IJH, IWM
Q3 2025 311$1.1BTSLA, SGOV, NVDA, IJH, IWM
Q2 2025 316$1.0BSGOV, TSLA, NVDA, IJH, IWM
Q1 2025 290$861.4MSGOV, TSLA, NVDA, IJH, IWM
Q4 2024 302$868.2MSGOV, TSLA, NVDA, LISTED FD TR, IWM
Q3 2024 277$690.8MTSLA, LISTED FD TR, NVDA, SGOV, IWM
Q2 2024 259$659.9MTSLA, LISTED FD TR, IPI, SGOV, NVDA
Q1 2024 253$570.7MLISTED FD TR, TSLA, NVDA, RSP, SHOP