Traphagen Investment Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Traphagen Investment Advisors LLC reported 183 stock positions worth $958.0 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 25.0% of the portfolio, followed by Avantis U.S. Equity ETF (AVUS, 11.4%) and Victoryshares Free Cash Flow (VFLO, 7.5%). Compared with Q4 2024, it opened 12 new positions, sold out of 9, added to 87 and reduced 69. The biggest buy was Pacer US LRG Cap Cows GR LD (COWG, shares +4224%) and the biggest sale Pacer US Cash Cows 100 ETF (COWZ, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- ORADELL, NJ
- CIK
- 0002023380
- Portfolio Value
- $958.0M (Q1 2025)
- SEC Filing
- 0002023380-25-000002 ↗ filed Apr 17, 2025
Holdings Value
Holdings 183 stocks · $958.0M
| IVV iShares Core S&P 500 ETF | 24.97% | 425,729 | $239.2M | Add +4.4% |
| AVUS Avantis U.S. Equity ETF | 11.38% | 1,180,542 | $109.1M | Add +1.0% |
| VFLO Victoryshares Free Cash Flow | 7.51% | 2,099,116 | $72.0M | Add +26.5% |
| TLTW iShares 20+ Bond Buywrite | 6.04% | 2,403,657 | $57.8M | Add +40.2% |
| COWG Pacer US LRG Cap Cows GR LD | 4.94% | 1,536,689 | $47.3M | Add +4224.2% |
| GRID First TRST Nasd Class Edg Sgiif | 4.08% | 345,410 | $39.1M | Add +5.4% |
| VGIT Vanguard Intermediate-Term T | 3.45% | 556,957 | $33.1M | Add +10.8% |
| JAAA Janus Henderson Aaa Clo ETF | 2.72% | 513,093 | $26.0M | Add +12.4% |
| TPYP Managed Portfolio Series | 2.63% | 692,171 | $25.2M | Reduce -6.1% |
| AAPL Apple Inc. | 2.42% | 104,302 | $23.2M | Add +5.3% |
| SGOV iShares 0-3 Month Treasury B | 2.41% | 228,880 | $23.0M | Reduce -8.8% |
| SHY iShares 1-3 Year Treasury Bo | 1.45% | 167,605 | $13.9M | Reduce -6.7% |
| CME Cme Group Inc. | 1.34% | 48,513 | $12.9M | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 1.30% | 24,210 | $12.4M | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 1.21% | 42,192 | $11.6M | Reduce -0.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.17% | 14 | $11.2M | No change |
| BITB Bitwise Bitcoin ETF | 1.04% | 221,918 | $10.0M | Add +38.8% |
| ICE Intercontinental Exchange Inc. | 1.01% | 56,227 | $9.7M | Reduce -0.8% |
| ISHARES 25+ YR TREAS STRIPS | 0.67% | 625,223 | $6.4M | Reduce -5.3% |
| GBTC Grayscale Bitcoin Trust ETF | 0.63% | 92,986 | $6.1M | Reduce -2.4% |
| MSFT Microsoft Corp. | 0.60% | 15,346 | $5.8M | Add +11.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.59% | 103,962 | $5.7M | Reduce -89.6% |
| GS Goldman Sachs Group Inc. | 0.58% | 10,130 | $5.5M | Add +0.1% |
| PZA Invesco National Amt-Free Mu | 0.55% | 228,677 | $5.3M | Add +2.6% |
| PEG Public Service Enterprise GP | 0.50% | 58,231 | $4.8M | Add +1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 8,496 | $4.5M | Reduce -5.5% |
| AVUV Avantis US Small Cap Value | 0.47% | 51,564 | $4.5M | Reduce -90.2% |
| MUB iShares National Muni Bond E | 0.42% | 38,141 | $4.0M | Add +5.8% |
| FUTY Fidelity MSCI US Utilities | 0.37% | 69,016 | $3.5M | Reduce -23.6% |
| NVDA Nvidia Corp. | 0.37% | 32,364 | $3.5M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 0.36% | 17,932 | $3.4M | Reduce -1.4% |
| JPM JPMorgan Chase & Co. | 0.35% | 13,805 | $3.4M | Add +4.5% |
| HD Home Depot Inc. | 0.34% | 9,015 | $3.3M | Add +6.4% |
| IGM iShares Expanded Tech Sector | 0.31% | 32,767 | $3.0M | Reduce -0.0% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.29% | 9,756 | $2.8M | Add +7.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.28% | 22,663 | $2.7M | Reduce -16.3% |
| SCHX Schwab US Large-Cap ETF | 0.25% | 110,363 | $2.4M | Add +0.3% |
| TLT iShares 20+ Year Treasury BD | 0.25% | 26,196 | $2.4M | Reduce -75.5% |
| IBIT iShares Bitcoin Trust ETF | 0.23% | 47,274 | $2.2M | Add +10.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 3,908 | $2.2M | Add +2.5% |
| GOOG Alphabet Inc. Class C | 0.23% | 13,993 | $2.2M | Add +5.0% |
| V Visa Inc. Class A | 0.23% | 6,216 | $2.2M | Reduce -0.2% |
| VZ Verizon Communications Inc. | 0.22% | 46,008 | $2.1M | Add +15.1% |
| STXF Strive 500 ETF | 0.21% | 56,164 | $2.0M | Add +41.0% |
| ABBV Abbvie Inc. | 0.21% | 9,635 | $2.0M | Reduce -0.7% |
| SCHB Schwab US Broad Market ETF | 0.20% | 87,419 | $1.9M | Reduce -4.3% |
| COST Costco Wholesale Corp. | 0.19% | 1,925 | $1.8M | Add +24.7% |
| CVX Chevron Corp. | 0.18% | 10,456 | $1.7M | Add +11.6% |
| GOOGL Alphabet Inc. Class A | 0.18% | 10,860 | $1.7M | Add +5.3% |
| META Meta Platforms Inc. Class A | 0.17% | 2,879 | $1.7M | Reduce -5.0% |
| VXF Vanguard Extended Market ETF | 0.17% | 9,596 | $1.7M | Reduce -3.6% |
| JNJ Johnson & Johnson | 0.17% | 9,893 | $1.6M | Reduce -3.2% |
| CSCO Cisco Systems Inc. | 0.17% | 26,339 | $1.6M | Add +3.2% |
| XOM Exxon Mobil Corp. | 0.17% | 13,646 | $1.6M | Add +17.6% |
| MDLZ Mondelez International Inc. Class A | 0.17% | 23,630 | $1.6M | Add +0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 6,672 | $1.3M | Add +1.1% |
| BDX Becton Dickinson and Co. | 0.13% | 5,643 | $1.3M | Add +4.9% |
| ED Consolidated Edison Inc. | 0.13% | 11,454 | $1.3M | Add +20.7% |
| ADP Automatic Data Processing | 0.13% | 3,974 | $1.2M | Add +0.1% |
| WMT Walmart Inc. | 0.12% | 13,398 | $1.2M | Reduce -1.7% |
| GINN Goldman Sachs Innovate Eqty | 0.12% | 19,830 | $1.2M | Reduce -12.6% |
| GE General Electric filed as GE AEROSPACE | 0.12% | 5,804 | $1.2M | Add +0.7% |
| FTEC Fidelity MSCI Info Tech Indx | 0.12% | 7,183 | $1.2M | Reduce -0.1% |
| T AT&T Inc. | 0.12% | 40,115 | $1.1M | Add +61.3% |
| ORCL Oracle Corp. | 0.12% | 8,034 | $1.1M | Add +11.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.11% | 11,921 | $1.1M | Reduce -11.5% |
| LLY Eli Lilly & Co. | 0.11% | 1,271 | $1.0M | Reduce -0.2% |
| BTC Grayscale Bitcoin Mini ETF | 0.11% | 27,956 | $1.0M | Reduce -4.3% |
| CAT Caterpillar Inc. | 0.11% | 3,082 | $1.0M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.10% | 13,627 | $976K | Reduce -0.2% |
| SUSA iShares ESG Optimized MSCI U | 0.10% | 8,275 | $951K | Reduce -0.8% |
| LMT Lockheed Martin Corp. | 0.10% | 2,125 | $949K | Reduce -0.6% |
| IJH iShares Core S&P Midcap ETF | 0.10% | 16,107 | $940K | Reduce -0.4% |
| MA Mastercard Inc. Class A | 0.10% | 1,696 | $930K | Reduce -2.1% |
| PG The Procter & Gamble Co. | 0.10% | 5,447 | $928K | Add +9.6% |
| TSLA Tesla Inc. | 0.10% | 3,515 | $911K | Add +1.8% |
| PM Philip Morris International | 0.09% | 5,663 | $899K | Add +2.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 3,585 | $891K | Reduce -14.2% |
| ESGU iShares ESG Aware MSCI USA | 0.09% | 7,220 | $880K | Reduce -2.9% |
| GSLC Goldman Activebeta US LC ETF | 0.09% | 7,960 | $876K | Reduce -3.4% |
| PEP Pepsico Inc. | 0.09% | 5,823 | $873K | Add +2.1% |
| FHLC Fidelity MSCI Health Care | 0.09% | 12,499 | $854K | Reduce -42.4% |
| SCHD Schwab US DVD Equity ETF | 0.09% | 29,256 | $818K | Add +1.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 1,715 | $804K | Add +0.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.08% | 7,577 | $748K | Add +13.7% |
| APD Air Products & Chemicals Inc. | 0.08% | 2,484 | $732K | Reduce -2.0% |
| MRK Merck & Co. Inc. | 0.08% | 8,103 | $727K | Reduce -4.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.08% | 2,784 | $720K | Reduce -1.0% |
| TPL Texas Pacific Land Corp. | 0.07% | 539 | $714K | Add +1.3% |
| HON Honeywell International Inc. | 0.07% | 3,317 | $702K | Add +18.0% |
| PFE Pfizer Inc. | 0.07% | 27,587 | $699K | Reduce -9.2% |
| IWF iShares Russell 1000 Growth | 0.07% | 1,907 | $689K | Reduce -3.6% |
| UNP Union Pacific Corp. | 0.07% | 2,777 | $656K | Add +16.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.07% | 6,891 | $645K | Reduce -7.3% |
| AXP American Express Co. | 0.07% | 2,368 | $637K | Reduce -9.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.07% | 5,187 | $632K | Add +2.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 2,422 | $623K | No change |
| LOW Lowe's Cos Inc. | 0.06% | 2,643 | $617K | Reduce -1.1% |
| UNH Unitedhealth Group Inc. | 0.06% | 1,168 | $612K | Reduce -0.3% |
| AVLV Avantis US Large Cap Value | 0.06% | 9,208 | $600K | Reduce -24.3% |
Portfolio Sells Q4 2024 → Q1 2025
| COWZ Pacer US Cash Cows 100 ETF | Reduce -89.6% | 0.59% | −5.13 |
| AVUV Avantis US Small Cap Value | Reduce -90.2% | 0.47% | −4.71 |
| TLT iShares 20+ Year Treasury BD | Reduce -75.5% | 0.25% | −0.70 |
| SGOV iShares 0-3 Month Treasury B | Reduce -8.8% | 2.41% | −0.16 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -2.4% | 0.63% | −0.09 |
| NVDA Nvidia Corp. | Reduce -1.6% | 0.37% | −0.08 |
| FUTY Fidelity MSCI US Utilities | Reduce -23.6% | 0.37% | −0.08 |
| FHLC Fidelity MSCI Health Care | Reduce -42.4% | 0.09% | −0.06 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -6.7% | 1.45% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -1.4% | 0.36% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.8% | 1.21% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -16.3% | 0.28% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.04 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Reduce -43.3% | 0.04% | −0.03 |
| IGM iShares Expanded Tech Sector | Reduce -0.0% | 0.31% | −0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.03 |
| HES Hess Corp. | Sold out | 0.00% | −0.02 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.02 |
| SOXQ Invesco PHLX Semiconductor | Sold out | 0.00% | −0.02 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.02 |
| ESML iShares ESG Aware MSCI USA S | Sold out | 0.00% | −0.02 |
| GINN Goldman Sachs Innovate Eqty | Reduce -12.6% | 0.12% | −0.02 |
| AVLV Avantis US Large Cap Value | Reduce -24.3% | 0.06% | −0.02 |
| VXF Vanguard Extended Market ETF | Reduce -3.6% | 0.17% | −0.02 |
| BTC Grayscale Bitcoin Mini ETF | Reduce -4.3% | 0.11% | −0.02 |
| IEF iShares 7-10 Year Treasury B | Reduce -30.2% | 0.04% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -4.3% | 0.20% | −0.01 |
| FTEC Fidelity MSCI Info Tech Indx | Reduce -0.1% | 0.12% | −0.01 |
| AXP American Express Co. | Reduce -9.0% | 0.07% | −0.01 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -11.5% | 0.11% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -4.6% | 0.08% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -3.6% | 0.07% | −0.01 |
| PFE Pfizer Inc. | Reduce -9.2% | 0.07% | −0.01 |
| CAT Caterpillar Inc. | Reduce -0.7% | 0.11% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -27.4% | 0.03% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -5.0% | 0.17% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -0.6% | 0.10% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -14.1% | 0.05% | −0.01 |
| FELG Fidelity Enh LRG Cap GWTH | Reduce -0.5% | 0.06% | −0.01 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -18.7% | 0.03% | −0.01 |
| ESGU iShares ESG Aware MSCI USA | Reduce -2.9% | 0.09% | −0.01 |
| CSX CSX Corp. | Reduce -6.0% | 0.04% | −0.01 |
| GSLC Goldman Activebeta US LC ETF | Reduce -3.4% | 0.09% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.4% | 0.10% | −0.00 |
| CEG Constellation Energy | Reduce -6.0% | 0.03% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -0.8% | 0.10% | −0.00 |
| BLK BlackRock Inc. | Reduce -1.3% | 0.05% | −0.00 |
| RC Ready Capital Corp. | Reduce -2.9% | 0.01% | −0.00 |
| FPAYQ Flexshopper Inc. | Sold out | 0.00% | −0.00 |
| LOW Lowe's Cos Inc. | Reduce -1.1% | 0.06% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| COWG Pacer US LRG Cap Cows GR LD | Add +4224.2% | 4.94% | +4.82 |
| TLTW iShares 20+ Bond Buywrite | Add +40.2% | 6.04% | +1.93 |
| VFLO Victoryshares Free Cash Flow | Add +26.5% | 7.51% | +1.76 |
| IVV iShares Core S&P 500 ETF | Add +4.4% | 24.97% | +0.55 |
| VGIT Vanguard Intermediate-Term T | Add +10.8% | 3.45% | +0.49 |
| JAAA Janus Henderson Aaa Clo ETF | Add +12.4% | 2.72% | +0.36 |
| BITB Bitwise Bitcoin ETF | Add +38.8% | 1.04% | +0.21 |
| CME Cme Group Inc. | Add +0.0% | 1.34% | +0.20 |
| GRID First TRST Nasd Class Edg Sgiif | Add +5.4% | 4.08% | +0.10 |
| T AT&T Inc. | Add +61.3% | 0.12% | +0.06 |
| STXF Strive 500 ETF | Add +41.0% | 0.21% | +0.06 |
| VZ Verizon Communications Inc. | Add +15.1% | 0.22% | +0.06 |
| NFG National Fuel Gas Co. | New | 0.05% | +0.05 |
| ED Consolidated Edison Inc. | Add +20.7% | 0.13% | +0.05 |
| COST Costco Wholesale Corp. | Add +24.7% | 0.19% | +0.05 |
| CVX Chevron Corp. | Add +11.6% | 0.18% | +0.04 |
| XOM Exxon Mobil Corp. | Add +17.6% | 0.17% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +4.5% | 0.35% | +0.03 |
| MUB iShares National Muni Bond E | Add +5.8% | 0.42% | +0.03 |
| SDY SS SPDR S&P Dividend ETF | New | 0.03% | +0.03 |
| UBER Uber Technologies Inc. | New | 0.03% | +0.03 |
| VGT Vanguard Info Tech ETF | New | 0.03% | +0.03 |
| PM Philip Morris International | Add +2.2% | 0.09% | +0.03 |
| MSTR Strategy Inc. | Add +7.0% | 0.29% | +0.02 |
| SO The Southern Co. | New | 0.02% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +0.1% | 0.17% | +0.02 |
| GE General Electric | Add +0.7% | 0.12% | +0.02 |
| TMUS T-Mobile US Inc. | New | 0.02% | +0.02 |
| DRI Darden Restaurants Inc. | New | 0.02% | +0.02 |
| XLF SS Financial Select Sector | New | 0.02% | +0.02 |
| C Citigroup Inc. | New | 0.02% | +0.02 |
| BP BP PLC-Spons ADR | New | 0.02% | +0.02 |
| SCHO Schwab Short-Term US Treas | New | 0.02% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +3.9% | 0.04% | +0.02 |
| CSCO Cisco Systems Inc. | Add +3.2% | 0.17% | +0.02 |
| TPL Texas Pacific Land Corp. | Add +1.3% | 0.07% | +0.01 |
| PZA Invesco National Amt-Free Mu | Add +2.6% | 0.55% | +0.01 |
| UNP Union Pacific Corp. | Add +16.6% | 0.07% | +0.01 |
| PG The Procter & Gamble Co. | Add +9.6% | 0.10% | +0.01 |
| ABT Abbott Laboratories | Add +2.9% | 0.06% | +0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +38.3% | 0.05% | +0.01 |
| BDX Becton Dickinson and Co. | Add +4.9% | 0.13% | +0.01 |
| XEXGX Eaton Vance Tax-Managed Glob | New | 0.01% | +0.01 |
| CMCSA Comcast Corp. Class A | Add +31.2% | 0.04% | +0.01 |
| HD Home Depot Inc. | Add +6.4% | 0.34% | +0.01 |
| MCD McDonald's Corp. | Add +12.1% | 0.05% | +0.01 |
| MSFT Microsoft Corp. | Add +11.1% | 0.60% | +0.01 |
| HON Honeywell International Inc. | Add +18.0% | 0.07% | +0.01 |
| DUK Duke Energy Corp. | Add +0.5% | 0.06% | +0.01 |
| ADP Automatic Data Processing | Add +0.1% | 0.13% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 219 | $1.4B | IVV, AVUS, VFLO, GFLW, JSI |
| Q1 2026 | 207 | $1.2B | IVV, AVUS, VFLO, JSI, GRID |
| Q4 2025 | 196 | $1.2B | IVV, AVUS, VFLO, COWG, GRID |
| Q3 2025 | 192 | $1.2B | IVV, AVUS, VFLO, COWG, GRID |
| Q2 2025 | 188 | $1.1B | IVV, AVUS, VFLO, COWG, GRID |
| Q1 2025 | 183 | $958.0M | IVV, AVUS, VFLO, TLTW, COWG |
| Q4 2024 | 180 | $983.0M | IVV, AVUS, VFLO, COWZ, AVUV |
| Q3 2024 | 176 | $991.2M | IVV, AVUS, TLTW, COWZ, VFLO |
| Q2 2024 | 174 | $921.2M | IVV, AVUS, TLTW, COWZ, VFLO |
| Q1 2024 | 175 | $937.6M | IVV, AVUS, TLTW, COWZ, VFLO |