Traphagen Investment Advisors LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 7, 2025), Traphagen Investment Advisors LLC reported 192 stock positions worth $1.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 26.7% of the portfolio, followed by Avantis U.S. Equity ETF (AVUS, 11.5%) and Victoryshares Free Cash Flow (VFLO, 7.5%). Compared with Q2 2025, it opened 13 new positions, sold out of 9, added to 89 and reduced 75. The biggest buy was JH Securitized Income ETF (JSI, shares +87%) and the biggest sale Pacer US LRG Cap Cows GR LD (COWG, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- ORADELL, NJ
- CIK
- 0002023380
- Portfolio Value
- $1.2B (Q3 2025)
- SEC Filing
- 0002023380-25-000007 ↗ filed Oct 7, 2025
Holdings Value
Holdings 192 stocks · $1.2B
| IVV iShares Core S&P 500 ETF | 26.66% | 462,767 | $309.7M | Add +1.5% |
| AVUS Avantis U.S. Equity ETF | 11.54% | 1,233,425 | $134.1M | Add +1.5% |
| VFLO Victoryshares Free Cash Flow | 7.45% | 2,309,230 | $86.6M | Add +4.1% |
| COWG Pacer US LRG Cap Cows GR LD | 6.03% | 1,929,240 | $70.0M | Reduce -0.7% |
| GRID First TRST Nasd Class Edg Sgiif | 4.56% | 350,615 | $53.0M | Add +1.3% |
| JSI JH Securitized Income ETF | 3.69% | 819,505 | $42.8M | Add +87.5% |
| JAAA Janus Henderson Aaa Clo ETF | 3.14% | 719,289 | $36.5M | Add +7.4% |
| AAPL Apple Inc. | 2.99% | 136,429 | $34.7M | Reduce -0.6% |
| VGIT Vanguard Intermediate-Term T | 2.26% | 437,412 | $26.3M | Reduce -1.9% |
| TPYP Tortoise North American Pipe | 2.21% | 704,759 | $25.7M | Add +1.0% |
| SGOV iShares 0-3 Month Treasury B | 2.21% | 254,916 | $25.7M | Add +5.6% |
| GPZ Vaneck Alt Asset Manager ETF | 1.99% | 837,726 | $23.1M | Add +29.9% |
| BITB Bitwise Bitcoin ETF | 1.32% | 246,265 | $15.3M | Add +4.5% |
| VOO Vanguard S&P 500 ETF | 1.30% | 24,712 | $15.1M | Add +0.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.28% | 45,351 | $14.9M | Add +0.7% |
| SHY iShares 1-3 Year Treasury Bo | 1.15% | 161,091 | $13.4M | Reduce -5.2% |
| CME Cme Group Inc. | 1.13% | 48,518 | $13.1M | Add +0.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.91% | 14 | $10.6M | No change |
| ICE Intercontinental Exchange Inc. | 0.81% | 56,201 | $9.5M | Reduce -0.0% |
| GS Goldman Sachs Group Inc. | 0.69% | 10,096 | $8.0M | Reduce -0.3% |
| MSFT Microsoft Corp. | 0.68% | 15,352 | $8.0M | Reduce -1.0% |
| GBTC Grayscale Bitcoin Trust ETF | 0.68% | 88,374 | $7.9M | Reduce -4.5% |
| NVDA Nvidia Corp. | 0.55% | 34,528 | $6.4M | Add +2.4% |
| PZA Invesco National Amt-Free Mu | 0.45% | 225,925 | $5.2M | Add +10.5% |
| MUB iShares National Muni Bond E | 0.44% | 47,898 | $5.1M | Add +10.9% |
| PEG Public Service Enterprise GP | 0.42% | 58,725 | $4.9M | Add +2.4% |
| HD Home Depot Inc. | 0.41% | 11,813 | $4.8M | Add +31.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 8,701 | $4.4M | Reduce -0.4% |
| IGM iShares Expanded Tech Sector | 0.36% | 33,644 | $4.2M | Reduce -0.0% |
| JPM JPMorgan Chase & Co. | 0.35% | 13,058 | $4.1M | Reduce -3.8% |
| AMZN Amazon.com Inc. | 0.35% | 18,346 | $4.0M | Reduce -1.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.32% | 64,887 | $3.7M | Reduce -14.0% |
| IBIT iShares Bitcoin Trust ETF | 0.30% | 53,240 | $3.5M | Add +6.0% |
| FUTY Fidelity MSCI US Utilities | 0.29% | 60,194 | $3.4M | Reduce -9.8% |
| GOOG Alphabet Inc. Class C | 0.29% | 13,932 | $3.4M | Reduce -3.5% |
| SCHX Schwab US Large-Cap ETF | 0.29% | 128,399 | $3.4M | Add +16.0% |
| GOOGL Alphabet Inc. Class A | 0.23% | 11,012 | $2.7M | Add +1.7% |
| IEI iShares 3-7 Year Treasury Bo | 0.22% | 21,232 | $2.5M | Reduce -1.1% |
| STXF Strive 500 ETF | 0.21% | 56,825 | $2.5M | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.21% | 3,280 | $2.4M | Add +7.0% |
| MSTR Strategy Inc. | 0.20% | 7,163 | $2.3M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.19% | 8,037 | $2.3M | Reduce -2.9% |
| VZ Verizon Communications Inc. | 0.19% | 51,169 | $2.2M | Add +4.7% |
| ABBV Abbvie Inc. | 0.19% | 9,636 | $2.2M | Add +0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.19% | 3,343 | $2.2M | Reduce -1.0% |
| SCHB Schwab US Broad Market ETF | 0.19% | 86,428 | $2.2M | Reduce -0.1% |
| V Visa Inc. Class A | 0.18% | 6,194 | $2.1M | Add +0.7% |
| VXF Vanguard Extended Market ETF | 0.18% | 9,740 | $2.0M | Reduce -0.0% |
| CVX Chevron Corp. | 0.17% | 12,352 | $1.9M | Add +15.1% |
| JNJ Johnson & Johnson | 0.16% | 10,006 | $1.9M | Reduce -8.7% |
| XOM Exxon Mobil Corp. | 0.15% | 15,398 | $1.7M | Add +6.6% |
| CSCO Cisco Systems Inc. | 0.15% | 24,765 | $1.7M | Reduce -4.1% |
| COST Costco Wholesale Corp. | 0.14% | 1,809 | $1.7M | Reduce -1.2% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 5,446 | $1.6M | Add +2.3% |
| FTEC Fidelity MSCI Info Tech Indx | 0.14% | 7,200 | $1.6M | Add +0.2% |
| BTC Grayscale Bitcoin Mini ETF | 0.14% | 31,276 | $1.6M | Add +8.6% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 7,306 | $1.6M | Reduce -0.3% |
| CAT Caterpillar Inc. | 0.13% | 3,247 | $1.5M | Reduce -0.8% |
| WMT Walmart Inc. | 0.13% | 14,693 | $1.5M | Add +0.5% |
| AVUV Avantis US Small Cap Value | 0.13% | 15,097 | $1.5M | Reduce -1.7% |
| T AT&T Inc. | 0.12% | 51,399 | $1.5M | Add +11.5% |
| TSLA Tesla Inc. | 0.12% | 3,220 | $1.4M | Reduce -41.1% |
| MDLZ Mondelez International Inc. Class A | 0.12% | 21,918 | $1.4M | Reduce -4.0% |
| GINN Goldman Sachs Innovate Eqty | 0.11% | 16,877 | $1.2M | Reduce -9.4% |
| ADP Automatic Data Processing | 0.10% | 3,953 | $1.2M | Reduce -0.6% |
| ED Consolidated Edison Inc. | 0.10% | 11,377 | $1.1M | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 3,919 | $1.1M | Add +9.4% |
| TLTW iShares 20+ Bond Buywrite | 0.09% | 46,643 | $1.1M | Add +16.0% |
| SCHD Schwab US DVD Equity ETF | 0.09% | 39,568 | $1.1M | Add +29.7% |
| LMT Lockheed Martin Corp. | 0.09% | 2,159 | $1.1M | Reduce -3.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.09% | 1,779 | $1.1M | Add +17.5% |
| MA Mastercard Inc. Class A | 0.09% | 1,874 | $1.1M | Reduce -1.2% |
| BDX Becton Dickinson and Co. | 0.09% | 5,661 | $1.1M | Add +0.3% |
| IJH iShares Core S&P Midcap ETF | 0.09% | 16,199 | $1.1M | Add +0.6% |
| BND Vanguard Total Bond Market | 0.09% | 13,827 | $1.0M | Reduce -3.3% |
| SUSA iShares ESG Optimized MSCI U | 0.09% | 7,527 | $1.0M | Reduce -0.8% |
| GSLC Goldman Activebeta US LC ETF | 0.08% | 7,440 | $969K | Reduce -0.0% |
| LLY Eli Lilly & Co. | 0.08% | 1,230 | $938K | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.08% | 13,899 | $922K | Add +3.5% |
| PM Philip Morris International | 0.08% | 5,630 | $913K | Reduce -15.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.08% | 3,073 | $903K | Reduce -0.2% |
| ESGU iShares ESG Aware MSCI USA | 0.08% | 6,187 | $901K | Reduce -3.3% |
| IWF iShares Russell 1000 Growth | 0.08% | 1,908 | $894K | No change |
| GEV GE Vernova Inc. | 0.07% | 1,418 | $872K | Add +1.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 2,772 | $853K | Add +14.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 7,034 | $805K | Add +3.6% |
| PG The Procter & Gamble Co. | 0.06% | 4,909 | $754K | Reduce -9.5% |
| VXUS Vanguard Total Intl Stock | 0.06% | 10,213 | $750K | Add +0.3% |
| FELG Fidelity Enh LRG Cap GWTH | 0.06% | 18,202 | $748K | Add +0.1% |
| AXP American Express Co. | 0.06% | 2,212 | $735K | Add +670.7% |
| PEP Pepsico Inc. | 0.06% | 5,121 | $719K | Reduce -9.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.06% | 4,945 | $715K | Reduce -4.7% |
| HON Honeywell International Inc. | 0.06% | 3,369 | $709K | Add +1.4% |
| ITOT iShares Core S&P Total U.S. | 0.06% | 4,849 | $706K | Reduce -0.2% |
| PLTR Palantir Technologies Inc. Class A | 0.06% | 3,865 | $705K | Add +13.9% |
| ETN Eaton Corp. PLC | 0.06% | 1,878 | $703K | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 13,375 | $690K | Add +14.7% |
| PFE Pfizer Inc. | 0.06% | 26,396 | $673K | Add +0.3% |
| MRK Merck & Co. Inc. | 0.06% | 7,970 | $669K | Reduce -7.7% |
| LOW Lowe's Cos Inc. | 0.06% | 2,632 | $662K | Reduce -0.5% |
Portfolio Sells Q2 2025 → Q3 2025
| COWG Pacer US LRG Cap Cows GR LD | Reduce -0.7% | 6.03% | −0.44 |
| VGIT Vanguard Intermediate-Term T | Reduce -1.9% | 2.26% | −0.27 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -5.2% | 1.15% | −0.18 |
| ICE Intercontinental Exchange Inc. | Reduce -0.0% | 0.81% | −0.16 |
| MSTR Strategy Inc. | Reduce -0.7% | 0.20% | −0.08 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -14.0% | 0.32% | −0.07 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -4.5% | 0.68% | −0.06 |
| MSFT Microsoft Corp. | Reduce -1.0% | 0.68% | −0.05 |
| TSLA Tesla Inc. | Reduce -41.1% | 0.12% | −0.04 |
| FUTY Fidelity MSCI US Utilities | Reduce -9.8% | 0.29% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -1.2% | 0.35% | −0.04 |
| PM Philip Morris International | Reduce -15.4% | 0.08% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.0% | 0.12% | −0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -29.3% | 0.05% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -1.2% | 0.14% | −0.03 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 0.38% | −0.03 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -4.1% | 0.15% | −0.02 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -1.1% | 0.22% | −0.02 |
| SO The Southern Co. | Sold out | 0.00% | −0.02 |
| DRI Darden Restaurants Inc. | Sold out | 0.00% | −0.02 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.02 |
| TGT Target Corp. | Sold out | 0.00% | −0.02 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -3.8% | 0.35% | −0.02 |
| FHLC Fidelity MSCI Health Care | Reduce -32.2% | 0.03% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -9.5% | 0.06% | −0.02 |
| ADP Automatic Data Processing | Reduce -0.6% | 0.10% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -3.0% | 0.05% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -10.2% | 0.05% | −0.01 |
| GINN Goldman Sachs Innovate Eqty | Reduce -9.4% | 0.11% | −0.01 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -19.9% | 0.03% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -3.3% | 0.09% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -1.1% | 0.08% | −0.01 |
| XEXGX Eaton Vance Tax-Managed Glob | Sold out | 0.00% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 0.09% | −0.01 |
| PEP Pepsico Inc. | Reduce -9.4% | 0.06% | −0.01 |
| APD Air Products & Chemicals Inc. | Reduce -1.3% | 0.06% | −0.01 |
| CEG Constellation Energy | Reduce -11.4% | 0.04% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -11.3% | 0.04% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -7.7% | 0.06% | −0.01 |
| SYK Stryker Corp. | Reduce -7.0% | 0.03% | −0.01 |
| ABT Abbott Laboratories | Reduce -1.4% | 0.05% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -16.4% | 0.03% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.3% | 0.14% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.0% | 0.19% | −0.01 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Reduce -6.8% | 0.04% | −0.01 |
| MCD McDonald's Corp. | Reduce -7.0% | 0.04% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.1% | 0.06% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| JSI JH Securitized Income ETF | Add +87.5% | 3.69% | +1.51 |
| GPZ Vaneck Alt Asset Manager ETF | Add +29.9% | 1.99% | +0.38 |
| HD Home Depot Inc. | Add +31.6% | 0.41% | +0.10 |
| NVDA Nvidia Corp. | Add +2.4% | 0.55% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +1.7% | 0.23% | +0.05 |
| GFLW VS Free Cash Flow Growth ETF | New | 0.04% | +0.04 |
| SCHX Schwab US Large-Cap ETF | Add +16.0% | 0.29% | +0.03 |
| ABBV Abbvie Inc. | Add +0.1% | 0.19% | +0.02 |
| VFLO Victoryshares Free Cash Flow | Add +4.1% | 7.45% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
| VEA Vanguard Ftse Developed ETF | New | 0.02% | +0.02 |
| CMI Cummins Inc. | New | 0.02% | +0.02 |
| CVX Chevron Corp. | Add +15.1% | 0.17% | +0.02 |
| NOBL Proshares S&P 500 Dividend A | New | 0.02% | +0.02 |
| CVS CVS Health Corp. | New | 0.02% | +0.02 |
| D Dominion Energy Inc. | New | 0.02% | +0.02 |
| VRSK Verisk Analytics Inc. | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | New | 0.02% | +0.02 |
| CFG Citizens Financial Group | New | 0.02% | +0.02 |
| VLO Valero Energy Corp. | New | 0.02% | +0.02 |
| ESML iShares ESG Aware MSCI USA S | New | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +13.9% | 0.06% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +29.7% | 0.09% | +0.02 |
| PZA Invesco National Amt-Free Mu | Add +10.5% | 0.45% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +2.0% | 0.05% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +17.5% | 0.09% | +0.01 |
| C Citigroup Inc. | Add +38.6% | 0.04% | +0.01 |
| MUB iShares National Muni Bond E | Add +10.9% | 0.44% | +0.01 |
| GE General Electric | Add +2.3% | 0.14% | +0.01 |
| BITB Bitwise Bitcoin ETF | Add +4.5% | 1.32% | +0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +14.4% | 0.07% | +0.01 |
| BAC Bank of America Corp. | Add +14.7% | 0.06% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +6.0% | 0.30% | +0.01 |
| BTC Grayscale Bitcoin Mini ETF | Add +8.6% | 0.14% | +0.01 |
| TLTW iShares 20+ Bond Buywrite | Add +16.0% | 0.09% | +0.01 |
| GEV GE Vernova Inc. | Add +1.2% | 0.07% | +0.00 |
| DVY iShares Select Dividend ETF | Add +23.0% | 0.03% | +0.00 |
| ULTA Ulta Beauty Inc. | Add +9.3% | 0.03% | +0.00 |
| KLAC KLA Corp. | Add +0.2% | 0.04% | +0.00 |
| FTEC Fidelity MSCI Info Tech Indx | Add +0.2% | 0.14% | +0.00 |
| SCHG Schwab US Large-Cap Growth | Add +11.8% | 0.03% | +0.00 |
| MUJ BlackRock Munihold NJ QLTY | Add +21.4% | 0.02% | +0.00 |
| AMD Advanced Micro Devices | Add +9.1% | 0.02% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Add +18.8% | 0.02% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +4.5% | 0.03% | +0.00 |
| FAST Fastenal Co. | Add +0.1% | 0.03% | +0.00 |
| XOM Exxon Mobil Corp. | Add +6.6% | 0.15% | +0.00 |
| BX Blackstone Inc. | Add +0.6% | 0.03% | +0.00 |
| IOVA Iovance Biotherapeutics Inc. | Add +1.6% | 0.01% | +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 |