Triumph Capital Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Triumph Capital Management reported 276 stock positions worth $300.2 million. Its top holding was First Trust Enh Short Mat FD (FTSM) at 5.4% of the portfolio, followed by First Trust Smith Opportunis (FIXD, 3.5%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.0%). Compared with Q4 2024, it opened 31 new positions, sold out of 28, added to 152 and reduced 83. The biggest buy was a new position in Innovator U.S. Equity Ultra (UDEC) and the biggest sale an exit from FT-Preferred Secur & Inc. ETF (FPE).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001730765
- Portfolio Value
- $300.2M (Q1 2025)
- SEC Filing
- 0001730765-25-000004 ↗ filed May 6, 2025
Holdings Value
Holdings 276 stocks · $300.2M
| FTSM First Trust Enh Short Mat FD | 5.44% | 272,913 | $16.3M | Add +1.5% |
| FIXD First Trust Smith Opportunis | 3.50% | 239,623 | $10.5M | Add +1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.01% | 16,137 | $9.0M | Add +0.5% |
| FEX First Trust Large Cap Core A | 2.82% | 82,513 | $8.5M | Add +0.5% |
| RDVY First Trust Rising Dividend | 2.69% | 137,806 | $8.1M | Add +17.9% |
| BND Vanguard Total Bond Market | 2.60% | 106,248 | $7.8M | Add +2.2% |
| SDVY First Trust Smid Cap Rising | 2.40% | 215,421 | $7.2M | Add +1.0% |
| JPST JPMorgan Ultra-Short Income | 2.20% | 130,308 | $6.6M | Add +41.6% |
| LMBS First Trust Low Duration Opp | 1.83% | 111,775 | $5.5M | Add +4.9% |
| BNDX Vanguard Total Intl Bond ETF | 1.73% | 106,396 | $5.2M | Add +3.3% |
| IWR iShares Russell Mid-Cap ETF | 1.70% | 59,837 | $5.1M | Add +1.2% |
| IWM iShares Russell 2000 ETF | 1.65% | 24,807 | $4.9M | Reduce -0.3% |
| FTCS First Trust Capital Strength | 1.40% | 46,853 | $4.2M | Add +1.1% |
| AAPL Apple Inc. | 1.21% | 16,414 | $3.6M | Add +8.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.21% | 7,770 | $3.6M | Reduce -11.2% |
| UDEC Innovator U.S. Equity Ultra | 1.20% | 104,938 | $3.6M | New |
| MSFT Microsoft Corp. | 1.17% | 9,359 | $3.5M | Add +12.1% |
| SFLR Innovator Eqty MGD Floor ETF | 1.09% | 103,926 | $3.3M | Add +8.9% |
| AMZN Amazon.com Inc. | 1.08% | 17,115 | $3.3M | Add +36.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 5,846 | $3.1M | Reduce -8.6% |
| IVV iShares Core S&P 500 ETF | 1.01% | 5,399 | $3.0M | Reduce -27.1% |
| NVDA Nvidia Corp. | 0.98% | 27,120 | $2.9M | Add +15.7% |
| TLT iShares 20+ Year Treasury BD | 0.89% | 29,451 | $2.7M | Add +185.5% |
| FEBM FT Vest US Eq Max Buf Feb | 0.88% | 92,952 | $2.6M | New |
| ZFEB Inotr Eq Def PR ETF - 1 YR F | 0.83% | 105,765 | $2.5M | New |
| FDL First Trust Morn DVD Lead Inc. | 0.83% | 57,531 | $2.5M | Add +130.1% |
| VFLO Victoryshares Free Cash Flow | 0.81% | 70,875 | $2.4M | Add +70.9% |
| SMTH Alps SMTH Cor BD Plus ETF | 0.78% | 90,173 | $2.3M | Add +19.3% |
| FVD First Trust Value Line DVD | 0.75% | 50,623 | $2.3M | Add +9.8% |
| BKLN Invesco Senior Loan ETF | 0.67% | 97,029 | $2.0M | Add +7.0% |
| NJUL Innovator Growth 100 Power B | 0.65% | 32,485 | $1.9M | New |
| JEPI JPMorgan Equity Premium Inco | 0.64% | 33,874 | $1.9M | Reduce -28.3% |
| AON Aon PLC Class A | 0.64% | 4,849 | $1.9M | Reduce -4.0% |
| AMD Advanced Micro Devices | 0.61% | 17,724 | $1.8M | Reduce -24.0% |
| SNOW Snowflake Inc. | 0.60% | 12,304 | $1.8M | Add +59.7% |
| QUAL iShares MSCI USA Quality Fac | 0.58% | 10,214 | $1.7M | Reduce -33.3% |
| BALT Inn Defined Wealth Shield | 0.57% | 54,886 | $1.7M | Reduce -2.3% |
| QFLR Innovator Nasdaq-100 MF ETF | 0.57% | 62,975 | $1.7M | Add +44.3% |
| PG The Procter & Gamble Co. | 0.57% | 9,959 | $1.7M | Add +6.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.56% | 3,992 | $1.7M | Reduce -28.9% |
| DFEB FT Vest U.S. Equity Deep Buf | 0.55% | 38,864 | $1.6M | New |
| BMY Bristol-Myers Squibb Co. | 0.53% | 26,227 | $1.6M | Add +375.8% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.52% | 31,155 | $1.6M | Add +30.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.51% | 4,376 | $1.5M | Add +63.0% |
| OXFORD LANE CAP CORP | 0.51% | 324,971 | $1.5M | Add +8.4% |
| CELH Celsius Holdings Inc. | 0.49% | 41,371 | $1.5M | Add +2.4% |
| MOAT Vaneck Morningstar Wide Moat | 0.49% | 16,567 | $1.5M | Reduce -31.5% |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.47% | 27,354 | $1.4M | Add +12.4% |
| JAAA Janus Henderson Aaa Clo ETF | 0.47% | 27,910 | $1.4M | Add +5.3% |
| BA The Boeing Co. | 0.47% | 8,266 | $1.4M | Reduce -13.5% |
| TSLA Tesla Inc. | 0.46% | 5,343 | $1.4M | Add +59.5% |
| BX Blackstone Inc. | 0.43% | 9,271 | $1.3M | Add +52.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 4,846 | $1.2M | New |
| PANW Palo Alto Networks Inc. | 0.39% | 6,908 | $1.2M | Add +74.8% |
| PYPL PayPal Holdings Inc. | 0.38% | 17,592 | $1.1M | Add +66.0% |
| META Meta Platforms Inc. Class A | 0.38% | 1,985 | $1.1M | Add +7.5% |
| CFLT Confluent Inc. Class A | 0.36% | 46,550 | $1.1M | Add +108.3% |
| IGV iShares Expanded Tech-Softwa | 0.36% | 12,250 | $1.1M | Reduce -2.2% |
| NLY Annaly Capital Management Inc. | 0.36% | 53,569 | $1.1M | Reduce -7.4% |
| AGG iShares Core U.S. Aggregate | 0.36% | 10,901 | $1.1M | Add +30.6% |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 0.35% | 18,862 | $1.1M | Add +5.4% |
| MINT PIMCO Enhanced Short Maturit | 0.35% | 10,438 | $1.1M | Reduce -3.1% |
| GBIL Goldman Sachs Access Treasur | 0.35% | 10,433 | $1.0M | Add +26.9% |
| IVE iShares S&P 500 Value ETF | 0.35% | 5,471 | $1.0M | Reduce -3.2% |
| POCT Innovator U.S. Equity Power | 0.35% | 26,724 | $1.0M | New |
| JPIE JPMorgan Income ETF | 0.34% | 22,467 | $1.0M | Reduce -0.8% |
| IOT Samsara Inc. Class A | 0.34% | 26,900 | $1.0M | Add +97.8% |
| MBLY Mobileye Global Inc. Class A | 0.34% | 71,045 | $1.0M | Add +7.3% |
| BXSL Blackstone Secured Lending F | 0.33% | 31,026 | $1.0M | Reduce -8.3% |
| CRM Salesforce Inc. | 0.33% | 3,697 | $992K | Add +88.2% |
| RIVN Rivian Automotive Inc. Class A | 0.33% | 78,544 | $978K | Add +36.2% |
| OBDC Blue Owl Capital Corp. | 0.33% | 66,665 | $977K | Add +5.1% |
| PDI PIMCO Dynamic Income Fund | 0.33% | 49,323 | $977K | Add +11.2% |
| LLY Eli Lilly & Co. | 0.32% | 1,177 | $972K | Reduce -14.5% |
| HQH Abrdn Healthcare Investors | 0.31% | 57,317 | $931K | Reduce -6.4% |
| USIG iShares Broad Usd Investment | 0.30% | 17,926 | $916K | Add +30.6% |
| CAG Conagra Brands Inc. | 0.30% | 34,148 | $911K | Add +3.9% |
| BTO John Hancock Financial Opp | 0.30% | 26,505 | $904K | Add +14.9% |
| JTEK JPMorgan US Tech Leaders | 0.30% | 13,438 | $903K | Add +16.6% |
| ZS Zscaler Inc. | 0.30% | 4,532 | $899K | Add +9.1% |
| RVT Royce Small-Cap Trust Inc. | 0.30% | 62,628 | $892K | Add +7.8% |
| ARCC Ares Capital Corp. | 0.29% | 39,761 | $881K | Reduce -7.0% |
| MELI MercadoLibre Inc. | 0.29% | 450 | $878K | Add +6.9% |
| BCSF Bain Capital Specialty Finan | 0.29% | 52,361 | $869K | Add +3.3% |
| CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP | 0.29% | 131,437 | $866K | Add +389.9% |
| SOFI Sofi Technologies Inc. | 0.29% | 74,407 | $865K | Add +7.1% |
| GOOGL Alphabet Inc. Class A | 0.29% | 5,585 | $864K | Add +2.1% |
| KKR KKR & Co. Inc. | 0.28% | 7,370 | $852K | Add +104.7% |
| SDIV Global X Superdividend ETF | 0.28% | 40,580 | $851K | Add +3.8% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.28% | 39,046 | $833K | Add +7.0% |
| SPEM State Street SP PTF Em ETF | 0.28% | 21,045 | $829K | Add +6.4% |
| GFEB FT Vest US Equity Moderate B | 0.28% | 22,459 | $826K | Add +68.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.27% | 22,615 | $823K | Add +39.9% |
| OWL Blue Owl Capital Inc. | 0.27% | 41,000 | $822K | Add +105.0% |
| ECC Eagle Point Credit Co. | 0.27% | 101,437 | $822K | Reduce -7.4% |
| GSY Invesco Ultra Short Duration | 0.27% | 16,357 | $820K | Reduce -15.4% |
| SPYI Neos S&P 500 High Income ETF | 0.27% | 17,105 | $819K | Add +4.0% |
| XLE SS Energy Select Sector | 0.27% | 8,678 | $811K | Reduce -25.9% |
| OKTA Okta Inc. | 0.27% | 7,688 | $809K | Add +32.8% |
| JPC Nuveen Prefered & Income Opp | 0.27% | 100,914 | $803K | Add +23.7% |
Portfolio Sells Q4 2024 → Q1 2025
| FPE FT-Preferred Secur & Inc. ETF | Sold out | 0.00% | −1.98 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.69 |
| UAPR Innovator U.S. Equity Ultra | Sold out | 0.00% | −0.61 |
| IVV iShares Core S&P 500 ETF | Reduce -27.1% | 1.01% | −0.48 |
| ZALT Innovator US Eq 10 Buffer | Reduce -65.7% | 0.20% | −0.41 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -72.0% | 0.14% | −0.39 |
| AMD Advanced Micro Devices | Reduce -24.0% | 0.61% | −0.36 |
| QUAL iShares MSCI USA Quality Fac | Reduce -33.3% | 0.58% | −0.35 |
| IWO iShares Russell 2000 Growth | Reduce -75.5% | 0.09% | −0.35 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.33 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.2% | 1.21% | −0.32 |
| MISL First Trust Indxx Aero & Def | Sold out | 0.00% | −0.30 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.30 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.29 |
| JEPI JPMorgan Equity Premium Inco | Reduce -28.3% | 0.64% | −0.29 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -31.5% | 0.49% | −0.28 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -28.9% | 0.56% | −0.26 |
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −0.25 |
| IWM iShares Russell 2000 ETF | Reduce -0.3% | 1.65% | −0.23 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Reduce -69.9% | 0.08% | −0.21 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.19 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.15 |
| GM General Motors Co. | Sold out | 0.00% | −0.15 |
| GE General Electric | Sold out | 0.00% | −0.15 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.14 |
| FYX First Trust Small Cap Core A | Reduce -33.7% | 0.19% | −0.14 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.14 |
| PSFF Pacer Swan Sos Fund of Funds | Sold out | 0.00% | −0.12 |
| STRL Sterling Infrastructure Inc. | Sold out | 0.00% | −0.12 |
| NAPR Innovator Growth 100 Power B | Sold out | 0.00% | −0.12 |
| BA The Boeing Co. | Reduce -13.5% | 0.47% | −0.11 |
| KAPR Innovator U.S. Small Cap Pow | Reduce -48.5% | 0.10% | −0.11 |
| QBUF Innv Nasdaq -100 10 B - QRT | Reduce -50.6% | 0.10% | −0.11 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.10 |
| SMH Vaneck Semiconductor ETF | Reduce -16.4% | 0.25% | −0.10 |
| GJAN FT Vest US Equity Moderate B | Sold out | 0.00% | −0.10 |
| MHO M/I Homes Inc. | Sold out | 0.00% | −0.09 |
| DE Deere & Co. | Sold out | 0.00% | −0.08 |
| CORP PIMCO Inv Grade Corp. BD ETF | Sold out | 0.00% | −0.08 |
| FDN First Trust DJ Internet Ind | Sold out | 0.00% | −0.08 |
| RDVI FT Vest Rising Dividend Achi | Sold out | 0.00% | −0.08 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.08 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.07 |
| XLE SS Energy Select Sector | Reduce -25.9% | 0.27% | −0.07 |
| LQDW iShares Ingr Corp. BD B/W ETF | Sold out | 0.00% | −0.07 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.07 |
| IGV iShares Expanded Tech-Softwa | Reduce -2.2% | 0.36% | −0.07 |
| TRIN Trinity Capital Inc. | Reduce -31.2% | 0.14% | −0.06 |
| ECC Eagle Point Credit Co. | Reduce -7.4% | 0.27% | −0.06 |
| GSY Invesco Ultra Short Duration | Reduce -15.4% | 0.27% | −0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| UDEC Innovator U.S. Equity Ultra | New | 1.20% | +1.20 |
| FEBM FT Vest US Eq Max Buf Feb | New | 0.88% | +0.88 |
| ZFEB Inotr Eq Def PR ETF - 1 YR F | New | 0.83% | +0.83 |
| NJUL Innovator Growth 100 Power B | New | 0.65% | +0.65 |
| JPST JPMorgan Ultra-Short Income | Add +41.6% | 2.20% | +0.61 |
| TLT iShares 20+ Year Treasury BD | Add +185.5% | 0.89% | +0.58 |
| DFEB FT Vest U.S. Equity Deep Buf | New | 0.55% | +0.55 |
| FDL First Trust Morn DVD Lead Inc. | Add +130.1% | 0.83% | +0.49 |
| BMY Bristol-Myers Squibb Co. | Add +375.8% | 0.53% | +0.43 |
| IBM Intl Business Machines Corp. | New | 0.40% | +0.40 |
| POCT Innovator U.S. Equity Power | New | 0.35% | +0.35 |
| VFLO Victoryshares Free Cash Flow | Add +70.9% | 0.81% | +0.33 |
| RDVY First Trust Rising Dividend | Add +17.9% | 2.69% | +0.32 |
| ARM Arm Holdings PLC-ADR | New | 0.22% | +0.22 |
| CALY Callaway Golf Company | Add +389.9% | 0.29% | +0.22 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +63.0% | 0.51% | +0.20 |
| SNOW Snowflake Inc. | Add +59.7% | 0.60% | +0.19 |
| DHDG FT US Eqty Q 2.5-15 Buff ETF | New | 0.18% | +0.18 |
| CFLT Confluent Inc. Class A | Add +108.3% | 0.36% | +0.15 |
| ECO Okeanis Eco Tankers Corp. | New | 0.15% | +0.15 |
| PANW Palo Alto Networks Inc. | Add +74.8% | 0.39% | +0.15 |
| QYLD Global X Nasd 100 Cov Call | New | 0.15% | +0.15 |
| AMZN Amazon.com Inc. | Add +36.7% | 1.08% | +0.14 |
| GEV GE Vernova Inc. | New | 0.14% | +0.14 |
| IOT Samsara Inc. Class A | Add +97.8% | 0.34% | +0.14 |
| QFLR Innovator Nasdaq-100 MF ETF | Add +44.3% | 0.57% | +0.13 |
| CELH Celsius Holdings Inc. | Add +2.4% | 0.49% | +0.13 |
| AVGO Broadcom Inc. | New | 0.12% | +0.12 |
| SFM Sprouts Farmers Market Inc. | New | 0.12% | +0.12 |
| SMTH Alps SMTH Cor BD Plus ETF | Add +19.3% | 0.78% | +0.12 |
| OWL Blue Owl Capital Inc. | Add +105.0% | 0.27% | +0.11 |
| OKTA Okta Inc. | Add +32.8% | 0.27% | +0.11 |
| KNG FT Vest S&P 500 DVD Arst TRG | Add +30.0% | 0.52% | +0.11 |
| CRM Salesforce Inc. | Add +88.2% | 0.33% | +0.11 |
| GFEB FT Vest US Equity Moderate B | Add +68.9% | 0.28% | +0.11 |
| KKR KKR & Co. Inc. | Add +104.7% | 0.28% | +0.10 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +95.8% | 0.21% | +0.10 |
| APO Apollo Global Management Inc. | Add +106.5% | 0.24% | +0.10 |
| CLF Cleveland-Cliffs Inc. | New | 0.10% | +0.10 |
| CVX Chevron Corp. | New | 0.09% | +0.09 |
| XYLD Global X S&P 500 Cove Call E | New | 0.09% | +0.09 |
| TJUL Innovator Equity Defined Pro | New | 0.09% | +0.09 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +39.9% | 0.27% | +0.09 |
| VCIT Vanguard Int-Term Corporate | Add +73.3% | 0.20% | +0.08 |
| AGG iShares Core U.S. Aggregate | Add +30.6% | 0.36% | +0.08 |
| KHPI Kensington Hedged PRM in ETF | New | 0.08% | +0.08 |
| GIS General Mills Inc. | New | 0.08% | +0.08 |
| JAJL Innovator Edp ETF - 6M Ja | New | 0.08% | +0.08 |
| RYLD Global X Russell 2000 Cov Class | Add +110.3% | 0.16% | +0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.08% | +0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,852 | $552.0M | AAPL, SPY, RDVY, FIXD, VFLO |
| Q1 2026 | 1,827 | $485.7M | AAPL, SPY, FIXD, FTSM, RDVY |
| Q4 2025 | 1,762 | $462.8M | AAPL, FTSM, SPY, FIXD, RDVY |
| Q3 2025Amended | 314 | $370.7M | FTSM, FIXD, RDVY, FTCS, BND |
| Q2 2025Amended | 286 | $333.2M | FTSM, FIXD, FEX, SPY, RDVY |
| Q1 2025 | 276 | $300.2M | FTSM, FIXD, SPY, FEX, RDVY |
| Q4 2024 | 273 | $292.2M | FTSM, FIXD, SPY, FEX, SDVY |
| Q3 2024 | 265 | $280.6M | FTSM, FIXD, SPY, FEX, BND |
| Q2 2024 | 240 | $256.1M | FTSM, FIXD, FPE, FEX, SPY |
| Q1 2024 | 225 | $245.3M | FTSM, JPST, FIXD, FPE, FEX |