Traphagen Investment Advisors LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Traphagen Investment Advisors LLC reported 188 stock positions worth $1.1 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 26.8% of the portfolio, followed by Avantis U.S. Equity ETF (AVUS, 11.6%) and Victoryshares Free Cash Flow (VFLO, 7.4%). Compared with Q1 2025, it opened 13 new positions, sold out of 8, added to 89 and reduced 61. The biggest buy was a new position in JH Securitized Income ETF (JSI) and the biggest sale iShares 20+ Bond Buywrite (TLTW, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- ORADELL, NJ
- CIK
- 0002023380
- Portfolio Value
- $1.1B (Q2 2025)
- SEC Filing
- 0002023380-25-000006 ↗ filed Jul 23, 2025
Holdings Value
Holdings 188 stocks · $1.1B
| IVV iShares Core S&P 500 ETF | 26.81% | 455,887 | $283.1M | Add +7.1% |
| AVUS Avantis U.S. Equity ETF | 11.60% | 1,215,138 | $122.5M | Add +2.9% |
| VFLO Victoryshares Free Cash Flow | 7.43% | 2,219,090 | $78.4M | Add +5.7% |
| COWG Pacer US LRG Cap Cows GR LD | 6.46% | 1,943,554 | $68.2M | Add +26.5% |
| GRID First TRST Nasd Class Edg Sgiif | 4.56% | 346,174 | $48.1M | Add +0.2% |
| JAAA Janus Henderson Aaa Clo ETF | 3.22% | 669,617 | $34.0M | Add +30.5% |
| AAPL Apple Inc. | 2.67% | 137,259 | $28.2M | Add +31.6% |
| VGIT Vanguard Intermediate-Term T | 2.53% | 445,741 | $26.7M | Reduce -20.0% |
| TPYP Tortoise North American Pipe | 2.36% | 697,588 | $24.9M | Add +0.8% |
| SGOV iShares 0-3 Month Treasury B | 2.30% | 241,423 | $24.3M | Add +5.5% |
| JSI JH Securitized Income ETF | 2.18% | 437,176 | $23.0M | New |
| GPZ Vaneck Alt Asset Manager ETF | 1.61% | 644,751 | $17.0M | New |
| SHY iShares 1-3 Year Treasury Bo | 1.33% | 169,926 | $14.1M | Add +1.4% |
| VOO Vanguard S&P 500 ETF | 1.32% | 24,493 | $13.9M | Add +1.2% |
| BITB Bitwise Bitcoin ETF | 1.31% | 235,616 | $13.8M | Add +6.2% |
| VTI VG Morningstar TS MKT ETF-US | 1.30% | 45,052 | $13.7M | Add +6.8% |
| CME Cme Group Inc. | 1.27% | 48,515 | $13.4M | Add +0.0% |
| ICE Intercontinental Exchange Inc. | 0.98% | 56,225 | $10.3M | Reduce 0.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.97% | 14 | $10.2M | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.74% | 92,501 | $7.8M | Reduce -0.5% |
| MSFT Microsoft Corp. | 0.73% | 15,510 | $7.7M | Add +1.1% |
| GS Goldman Sachs Group Inc. | 0.68% | 10,128 | $7.2M | Reduce -0.0% |
| NVDA Nvidia Corp. | 0.50% | 33,725 | $5.3M | Add +4.2% |
| PEG Public Service Enterprise GP | 0.46% | 57,353 | $4.8M | Reduce -1.5% |
| PZA Invesco National Amt-Free Mu | 0.43% | 204,441 | $4.6M | Reduce -10.6% |
| MUB iShares National Muni Bond E | 0.43% | 43,199 | $4.5M | Add +13.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 8,737 | $4.2M | Add +2.8% |
| COWZ Pacer US Cash Cows 100 ETF | 0.39% | 75,447 | $4.2M | Reduce -27.4% |
| AMZN Amazon.com Inc. | 0.39% | 18,564 | $4.1M | Add +3.5% |
| JPM JPMorgan Chase & Co. | 0.37% | 13,574 | $3.9M | Reduce -1.7% |
| IGM iShares Expanded Tech Sector | 0.36% | 33,650 | $3.8M | Add +2.7% |
| FUTY Fidelity MSCI US Utilities | 0.33% | 66,763 | $3.5M | Reduce -3.3% |
| HD Home Depot Inc. | 0.31% | 8,973 | $3.3M | Reduce -0.5% |
| IBIT iShares Bitcoin Trust ETF | 0.29% | 50,223 | $3.1M | Add +6.2% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.28% | 7,214 | $2.9M | Reduce -26.1% |
| SCHX Schwab US Large-Cap ETF | 0.26% | 110,689 | $2.7M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.24% | 14,443 | $2.6M | Add +3.2% |
| IEI iShares 3-7 Year Treasury Bo | 0.24% | 21,479 | $2.6M | Reduce -5.2% |
| STXF Strive 500 ETF | 0.21% | 56,519 | $2.3M | Add +0.6% |
| META Meta Platforms Inc. Class A | 0.21% | 3,065 | $2.3M | Add +6.5% |
| V Visa Inc. Class A | 0.21% | 6,153 | $2.2M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.20% | 48,869 | $2.1M | Add +6.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 3,376 | $2.1M | Reduce -13.6% |
| SCHB Schwab US Broad Market ETF | 0.20% | 86,528 | $2.1M | Reduce -1.0% |
| GOOGL Alphabet Inc. Class A | 0.18% | 10,829 | $1.9M | Reduce -0.3% |
| VXF Vanguard Extended Market ETF | 0.18% | 9,741 | $1.9M | Add +1.5% |
| COST Costco Wholesale Corp. | 0.17% | 1,831 | $1.8M | Reduce -4.9% |
| ORCL Oracle Corp. | 0.17% | 8,277 | $1.8M | Add +3.0% |
| CSCO Cisco Systems Inc. | 0.17% | 25,826 | $1.8M | Reduce -1.9% |
| ABBV Abbvie Inc. | 0.17% | 9,626 | $1.8M | Reduce -0.1% |
| TSLA Tesla Inc. | 0.16% | 5,471 | $1.7M | Add +55.6% |
| JNJ Johnson & Johnson | 0.16% | 10,957 | $1.7M | Add +10.8% |
| XOM Exxon Mobil Corp. | 0.15% | 14,444 | $1.6M | Add +5.8% |
| MDLZ Mondelez International Inc. Class A | 0.15% | 22,844 | $1.5M | Reduce -3.3% |
| CVX Chevron Corp. | 0.15% | 10,732 | $1.5M | Add +2.6% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 7,326 | $1.5M | Add +9.8% |
| WMT Walmart Inc. | 0.14% | 14,617 | $1.4M | Add +9.1% |
| FTEC Fidelity MSCI Info Tech Indx | 0.13% | 7,188 | $1.4M | Add +0.1% |
| AVUV Avantis US Small Cap Value | 0.13% | 15,354 | $1.4M | Reduce -70.2% |
| BTC Grayscale Bitcoin Mini ETF | 0.13% | 28,809 | $1.4M | Add +3.0% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 5,323 | $1.4M | Reduce -8.3% |
| T AT&T Inc. | 0.13% | 46,088 | $1.3M | Add +14.9% |
| CAT Caterpillar Inc. | 0.12% | 3,272 | $1.3M | Add +6.2% |
| GINN Goldman Sachs Innovate Eqty | 0.12% | 18,633 | $1.3M | Reduce -6.0% |
| ADP Automatic Data Processing | 0.12% | 3,975 | $1.2M | Add +0.0% |
| PM Philip Morris International | 0.11% | 6,659 | $1.2M | Add +17.6% |
| ED Consolidated Edison Inc. | 0.11% | 11,366 | $1.1M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 0.10% | 1,896 | $1.1M | Add +11.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 3,582 | $1.1M | Reduce -0.1% |
| BND Vanguard Total Bond Market | 0.10% | 14,294 | $1.1M | New |
| LMT Lockheed Martin Corp. | 0.10% | 2,225 | $1.0M | Add +4.7% |
| IJH iShares Core S&P Midcap ETF | 0.09% | 16,098 | $998K | Reduce -0.1% |
| BDX Becton Dickinson and Co. | 0.09% | 5,643 | $972K | No change |
| LLY Eli Lilly & Co. | 0.09% | 1,244 | $970K | Reduce -2.1% |
| SUSA iShares ESG Optimized MSCI U | 0.09% | 7,589 | $962K | Reduce -8.3% |
| KO The Coca-Cola Co. | 0.09% | 13,436 | $951K | Reduce -1.4% |
| TLTW iShares 20+ Bond Buywrite | 0.09% | 40,194 | $932K | Reduce -98.3% |
| GSLC Goldman Activebeta US LC ETF | 0.09% | 7,441 | $903K | Reduce -6.5% |
| ESGU iShares ESG Aware MSCI USA | 0.08% | 6,397 | $865K | Reduce -11.4% |
| PG The Procter & Gamble Co. | 0.08% | 5,426 | $864K | Reduce -0.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.08% | 3,080 | $862K | Add +10.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.08% | 6,790 | $842K | Reduce -10.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 1,514 | $835K | Reduce -11.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.08% | 8,954 | $821K | Reduce -24.9% |
| IWF iShares Russell 1000 Growth | 0.08% | 1,908 | $810K | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.08% | 30,508 | $808K | Add +4.3% |
| HON Honeywell International Inc. | 0.07% | 3,323 | $774K | Add +0.2% |
| PEP Pepsico Inc. | 0.07% | 5,653 | $746K | Reduce -2.9% |
| GEV GE Vernova Inc. | 0.07% | 1,401 | $741K | Add +3.2% |
| AXP American Express Co. | 0.07% | 287 | $730K | Reduce -87.9% |
| VXUS Vanguard Total Intl Stock | 0.07% | 10,183 | $704K | Add +139.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 2,422 | $691K | No change |
| MRK Merck & Co. Inc. | 0.06% | 8,633 | $683K | Add +6.5% |
| ETN Eaton Corp. PLC | 0.06% | 1,903 | $679K | Reduce -4.6% |
| FELG Fidelity Enh LRG Cap GWTH | 0.06% | 18,187 | $673K | Add +0.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.06% | 1,322 | $673K | Add +21.3% |
| APD Air Products & Chemicals Inc. | 0.06% | 2,384 | $672K | Reduce -4.0% |
| TXN Texas Instruments Inc. | 0.06% | 3,234 | $671K | Add +0.1% |
| ITOT iShares Core S&P Total U.S. | 0.06% | 4,857 | $656K | Add +3.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.06% | 6,911 | $649K | Add +0.3% |
Portfolio Sells Q1 2025 → Q2 2025
| TLTW iShares 20+ Bond Buywrite | Reduce -98.3% | 0.09% | −5.95 |
| VGIT Vanguard Intermediate-Term T | Reduce -20.0% | 2.53% | −0.93 |
| ISHARES 25+ YR TREAS STRIPS | Sold out | 0.00% | −0.67 |
| AVUV Avantis US Small Cap Value | Reduce -70.2% | 0.13% | −0.34 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.25 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -27.4% | 0.39% | −0.20 |
| PZA Invesco National Amt-Free Mu | Reduce -10.6% | 0.43% | −0.12 |
| PEG Public Service Enterprise GP | Reduce -1.5% | 0.46% | −0.04 |
| ABBV Abbvie Inc. | Reduce -0.1% | 0.17% | −0.04 |
| FHLC Fidelity MSCI Health Care | Reduce -35.5% | 0.05% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -5.2% | 0.24% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -24.9% | 0.08% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce 0.0% | 0.98% | −0.04 |
| FUTY Fidelity MSCI US Utilities | Reduce -3.3% | 0.33% | −0.03 |
| HD Home Depot Inc. | Reduce -0.5% | 0.31% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.6% | 0.20% | −0.03 |
| ED Consolidated Edison Inc. | Reduce -0.8% | 0.11% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.02 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.02 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.3% | 0.15% | −0.02 |
| V Visa Inc. Class A | Reduce -1.0% | 0.21% | −0.02 |
| PEP Pepsico Inc. | Reduce -2.9% | 0.07% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -4.9% | 0.17% | −0.02 |
| KHC The Kraft Heinz Co. | Reduce -25.6% | 0.02% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -2.1% | 0.09% | −0.02 |
| AVLV Avantis US Large Cap Value | Reduce -24.3% | 0.05% | −0.02 |
| MSTR Strategy Inc. | Reduce -26.1% | 0.28% | −0.02 |
| UNP Union Pacific Corp. | Reduce -13.9% | 0.05% | −0.02 |
| FAN First Trust Global Wind Ener | Sold out | 0.00% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 0.08% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -4.0% | 0.06% | −0.01 |
| PFE Pfizer Inc. | Reduce -4.7% | 0.06% | −0.01 |
| KO The Coca-Cola Co. | Reduce -1.4% | 0.09% | −0.01 |
| ESGU iShares ESG Aware MSCI USA | Reduce -11.4% | 0.08% | −0.01 |
| RC Ready Capital Corp. | Sold out | 0.00% | −0.01 |
| DUK Duke Energy Corp. | Reduce -2.1% | 0.05% | −0.01 |
| SUSA iShares ESG Optimized MSCI U | Reduce -8.3% | 0.09% | −0.01 |
| IEF iShares 7-10 Year Treasury B | Reduce -7.7% | 0.03% | −0.01 |
| GSLC Goldman Activebeta US LC ETF | Reduce -6.5% | 0.09% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -12.0% | 0.05% | −0.01 |
| ABT Abbott Laboratories | Reduce -2.2% | 0.06% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.7% | 0.08% | −0.00 |
| MO Altria Group Inc. | Reduce -2.5% | 0.03% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.0% | 0.05% | −0.00 |
| RSP Invesco S&P 500 Equal Weight | Reduce -10.8% | 0.02% | −0.00 |
| GILD Gilead Sciences Inc. | Reduce -0.4% | 0.03% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.1% | 0.09% | −0.00 |
| PHO Invesco Water Resources ETF | Reduce -11.1% | 0.02% | −0.00 |
| GINN Goldman Sachs Innovate Eqty | Reduce -6.0% | 0.12% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| JSI JH Securitized Income ETF | New | 2.18% | +2.18 |
| IVV iShares Core S&P 500 ETF | Add +7.1% | 26.81% | +1.84 |
| GPZ Vaneck Alt Asset Manager ETF | New | 1.61% | +1.61 |
| COWG Pacer US LRG Cap Cows GR LD | Add +26.5% | 6.46% | +1.52 |
| JAAA Janus Henderson Aaa Clo ETF | Add +30.5% | 3.22% | +0.50 |
| GRID First TRST Nasd Class Edg Sgiif | Add +0.2% | 4.56% | +0.48 |
| BITB Bitwise Bitcoin ETF | Add +6.2% | 1.31% | +0.27 |
| AAPL Apple Inc. | Add +31.6% | 2.67% | +0.25 |
| AVUS Avantis U.S. Equity ETF | Add +2.9% | 11.60% | +0.22 |
| NVDA Nvidia Corp. | Add +4.2% | 0.50% | +0.14 |
| MSFT Microsoft Corp. | Add +1.1% | 0.73% | +0.13 |
| BND Vanguard Total Bond Market | New | 0.10% | +0.10 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.8% | 1.30% | +0.09 |
| TSLA Tesla Inc. | Add +55.6% | 0.16% | +0.07 |
| IBIT iShares Bitcoin Trust ETF | Add +6.2% | 0.29% | +0.06 |
| ORCL Oracle Corp. | Add +3.0% | 0.17% | +0.05 |
| IGM iShares Expanded Tech Sector | Add +2.7% | 0.36% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | New | 0.04% | +0.04 |
| META Meta Platforms Inc. Class A | Add +6.5% | 0.21% | +0.04 |
| BNDX Vanguard Total Intl Bond ETF | New | 0.04% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +139.7% | 0.07% | +0.04 |
| AMZN Amazon.com Inc. | Add +3.5% | 0.39% | +0.03 |
| GEV GE Vernova Inc. | Add +3.2% | 0.07% | +0.03 |
| AVGO Broadcom Inc. | New | 0.02% | +0.02 |
| BTC Grayscale Bitcoin Mini ETF | Add +3.0% | 0.13% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +21.3% | 0.06% | +0.02 |
| PM Philip Morris International | Add +17.6% | 0.11% | +0.02 |
| AMD Advanced Micro Devices | New | 0.02% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.02% | +0.02 |
| MS Morgan Stanley | New | 0.02% | +0.02 |
| CTRE Caretrust REIT Inc. | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +1.2% | 1.32% | +0.02 |
| OUNZ Vaneck Merk Gold ETF | New | 0.02% | +0.02 |
| CEG Constellation Energy | Add +6.0% | 0.04% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +3.2% | 0.24% | +0.01 |
| CAT Caterpillar Inc. | Add +6.2% | 0.12% | +0.01 |
| FTEC Fidelity MSCI Info Tech Indx | Add +0.1% | 0.13% | +0.01 |
| WMT Walmart Inc. | Add +9.1% | 0.14% | +0.01 |
| T AT&T Inc. | Add +14.9% | 0.13% | +0.01 |
| MUB iShares National Muni Bond E | Add +13.3% | 0.43% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +9.8% | 0.14% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +10.6% | 0.08% | +0.01 |
| UBER Uber Technologies Inc. | Add +6.6% | 0.03% | +0.01 |
| VXF Vanguard Extended Market ETF | Add +1.5% | 0.18% | +0.01 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 0.08% | +0.00 |
| FELG Fidelity Enh LRG Cap GWTH | Add +0.1% | 0.06% | +0.00 |
| MA Mastercard Inc. Class A | Add +11.8% | 0.10% | +0.00 |
| LUCD Lucid Diagnostics Inc. | New | 0.00% | +0.00 |
| STXF Strive 500 ETF | Add +0.6% | 0.21% | +0.00 |
| BA The Boeing Co. | Add +1.2% | 0.03% | +0.00 |
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 |