True Freedom Investing, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), True Freedom Investing, LLC reported 156 stock positions worth $1.5 billion. Its top holding was Microsoft (MSFT) at 13.9% of the portfolio, followed by S&P Global (SPGI, 11.1%) and Goldman Sachs (GS, 10.5%). Compared with Q3 2025, it opened 119 new positions, sold out of 33, added to 29 and reduced 8. The biggest buy was Microsoft (MSFT, shares +92246%) and the biggest sale SPDR Gold Shares (GLD, shares −32%).

Most Recent 13F
Q2 2026
Location
COEUR D'ALENE, ID
CIK
0002096483
Portfolio Value
$1.5B (Q4 2025)
SEC Filing
0001104659-26-016100 ↗ filed Feb 17, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q4 2024: $230.4M Q4 2024 Q2 2025: $254.1M Q2 2025 Q3 2025: $280.1M Q3 2025 Q4 2025: $1.5B $1.5B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 156 stocks · $1.5B
MSFT Microsoft Corp. 13.88% 421,099 $203.7M Add +92246.3%
SPGI S&P Global Inc. 11.12% 312,224 $163.2M New
GS Goldman Sachs Group Inc. 10.46% 174,607 $153.5M New
MAR Marriott International Class A 4.19% 198,275 $61.5M New
CAT Caterpillar Inc. 2.90% 74,161 $42.5M New
AVY Avery Dennison Corp. 2.85% 229,920 $41.8M New
SPY SS SPDR S&P 500 ETF Trust-US 2.58% 55,483 $37.8M Add +203.0%
BIV Vanguard Intermediate-Term B 2.35% 442,935 $34.5M New
SCHX Schwab US Large-Cap ETF 2.18% 1,188,906 $32.0M Add +7639.3%
GLD SPDR Gold Shares 1.81% 67,112 $26.6M Reduce -31.6%
SCHF Schwab Intl Equity ETF 1.77% 1,081,058 $26.0M Add +6231.2%
ECL Ecolab Inc. 1.75% 97,794 $25.7M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.64% 212,100 $24.1M New
SSO Proshares Ultra S&P500 1.40% 355,086 $20.6M Add +43.2%
QQQ Invesco QQQ Trust Series 1 1.36% 32,588 $20.0M Add +50.9%
IVW iShares S&P 500 Growth ETF 1.30% 155,206 $19.1M Add +49.1%
IYZ iShares US Telecommunication 1.28% 553,761 $18.8M Reduce -32.3%
IYW iShares Ustechnology ETF 1.23% 90,109 $18.0M Reduce -34.0%
IYH iShares U.S. Healthcare ETF 1.20% 271,156 $17.7M New
IDU iShares US Utilities ETF 1.20% 161,938 $17.5M Reduce -30.1%
EEM iShares MSCI Emerging Market 1.13% 303,202 $16.6M Add +67.8%
EFA iShares MSCI Eafe ETF 1.11% 169,809 $16.3M Add +70.7%
BDX Becton Dickinson and Co. 1.06% 80,508 $15.6M New
BND Vanguard Total Bond Market 0.79% 155,636 $11.5M Reduce -29.4%
WMT Walmart Inc. 0.72% 94,759 $10.6M New
RTX RTX Corp. 0.71% 56,450 $10.4M New
SE Sea Ltd.-ADR 0.66% 75,475 $9.6M New
PG The Procter & Gamble Co. 0.63% 64,613 $9.3M New
LOW Lowe's Cos Inc. 0.62% 37,578 $9.1M New
QCOM Qualcomm Inc. 0.54% 46,704 $8.0M New
AVGO Broadcom Inc. 0.53% 22,624 $7.8M Add +551.8%
MMM 3M Co. 0.50% 45,773 $7.3M New
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.44% 80,115 $6.5M Add +258.4%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.44% 58,161 $6.4M Add +257.6%
SCHB Schwab US Broad Market ETF 0.44% 244,264 $6.4M New
XLE SS Energy Select Sector 0.44% 143,270 $6.4M Reduce -57.3%
EMR Emerson Electric Co. 0.43% 47,935 $6.4M New
UPS United Parcel Service Class B 0.43% 63,814 $6.3M New
JPM JPMorgan Chase & Co. 0.42% 19,145 $6.2M New
C Citigroup Inc. 0.42% 52,345 $6.1M New
ABBV Abbvie Inc. 0.41% 26,223 $6.0M New
SPMD SS SPDR P S&P 400 Midcap ETF 0.40% 101,776 $5.9M New
SCHD Schwab US DVD Equity ETF 0.40% 214,000 $5.9M New
AZN Astrazeneca PLC-Spons ADR 0.40% 63,428 $5.8M New
MRK Merck & Co. Inc. 0.39% 54,616 $5.7M New
IGSB iShares 1-5Y Inv Grade Corp. 0.38% 106,704 $5.6M New
TSM Taiwan Semiconductor-SP ADR 0.38% 18,534 $5.6M Add +2467.0%
DFAS Dimensional US Small Cap ETF 0.36% 76,289 $5.3M Add +1729.5%
XOM Exxon Mobil Corp. 0.36% 43,722 $5.3M New
AMGN Amgen Inc. 0.36% 16,068 $5.3M New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.36% 45,163 $5.2M New
BRK.B Berkshire Hathaway Inc. Class B 0.35% 10,154 $5.1M New
EIX Edison International 0.35% 84,467 $5.1M New
PSX Phillips 66 0.35% 39,238 $5.1M New
WM Waste Management Inc. 0.34% 22,646 $5.0M New
CVX Chevron Corp. 0.33% 32,231 $4.9M New
OMC Omnicom Group 0.33% 59,943 $4.8M New
MCD McDonald's Corp. 0.32% 15,400 $4.7M New
MET Metlife Inc. 0.32% 59,397 $4.7M New
ABT Abbott Laboratories 0.32% 37,368 $4.7M New
UL Unilever PLC-Sponsored ADR 0.32% 71,476 $4.7M New
IQV Iqvia Holdings Inc. 0.31% 20,490 $4.6M New
TXN Texas Instruments Inc. 0.31% 26,371 $4.6M New
COP Conocophillips 0.31% 48,700 $4.6M New
GPC Genuine Parts Co. 0.31% 36,581 $4.5M New
IP International Paper Co. 0.30% 112,628 $4.4M New
SCHE Schwab Emrg Mrkts Eqty ETF 0.30% 134,105 $4.4M New
ADP Automatic Data Processing 0.30% 16,913 $4.4M New
SYY Sysco Corp. 0.29% 58,642 $4.3M New
ELV Elevance Health Inc. 0.29% 12,035 $4.2M New
ADI Analog Devices Inc. 0.28% 15,308 $4.2M New
KMB Kimberly-Clark Corp. 0.28% 39,986 $4.0M New
GOOG Alphabet Inc. Class C 0.26% 12,150 $3.8M New
XLRE SS Real Estate Select Sector 0.24% 87,888 $3.5M New
BPRE Bluerock Private Real Estate 0.24% 230,024 $3.5M New
ADBE Adobe Inc. 0.23% 9,541 $3.3M New
AMZN Amazon.com Inc. 0.22% 13,949 $3.2M Add +820.1%
GD General Dynamics Corp. 0.22% 9,459 $3.2M New
WBD Warner Bros Discovery Inc. 0.21% 106,865 $3.1M Add +331.8%
MA Mastercard Inc. Class A 0.21% 5,368 $3.1M New
VEEV Veeva Systems Inc. Class A 0.20% 13,403 $3.0M New
APD Air Products & Chemicals Inc. 0.20% 11,729 $2.9M New
INTU Intuit Inc. 0.19% 4,289 $2.8M New
DD Dupont DE Nemours Inc. 0.19% 70,560 $2.8M New
HON Honeywell International Inc. 0.18% 13,664 $2.7M New
LRCX Lam Research Corp. 0.18% 15,467 $2.6M Add +774.3%
PLTR Palantir Technologies Inc. Class A 0.18% 14,856 $2.6M Reduce -24.7%
MU Micron Technology Inc. 0.18% 9,191 $2.6M New
GOOGL Alphabet Inc. Class A 0.18% 8,340 $2.6M New
GIS General Mills Inc. 0.18% 55,665 $2.6M New
WDC Western Digital Corp. 0.18% 14,917 $2.6M Add +21.4%
NEM Newmont Corp. 0.16% 24,212 $2.4M Add +110.2%
WDAY Workday Inc. Class A 0.16% 11,200 $2.4M New
SCHO Schwab Short-Term US Treas 0.16% 96,700 $2.4M New
INTC Intel Corp. 0.16% 63,167 $2.3M New
APH Amphenol Corp. Class A 0.15% 16,787 $2.3M Add +116.0%
TER Teradyne Inc. 0.15% 11,396 $2.2M New
GLW Corning Inc. 0.15% 25,005 $2.2M New
AMD Advanced Micro Devices 0.14% 9,781 $2.1M Add +50.3%
WFC Wells Fargo & Co. 0.14% 22,374 $2.1M New

Show all 156 holdings

Portfolio Sells Q3 2025 → Q4 2025
GLD SPDR Gold Shares Reduce -31.6% 1.81% −10.63
IYF iShares US Financials ETF Sold out 0.00% −9.17
IYW iShares Ustechnology ETF Reduce -34.0% 1.23% −8.32
IYZ iShares US Telecommunication Reduce -32.3% 1.28% −8.14
IDU iShares US Utilities ETF Reduce -30.1% 1.20% −7.98
BND Vanguard Total Bond Market Reduce -29.4% 0.79% −5.07
XLE SS Energy Select Sector Reduce -57.3% 0.44% −4.91
PLTR Palantir Technologies Inc. Class A Reduce -24.7% 0.18% −1.10
DIA SS SPDR Dow Jones Indus Avg Sold out 0.00% −0.44
NVDA Nvidia Corp. Reduce -80.7% 0.02% −0.43
TPR Tapestry Inc. Sold out 0.00% −0.42
SGOV iShares 0-3 Month Treasury B Sold out 0.00% −0.40
IYR iShares US Real Estate ETF Sold out 0.00% −0.38
IVE iShares S&P 500 Value ETF Sold out 0.00% −0.37
ORCL Oracle Corp. Sold out 0.00% −0.34
GE General Electric Sold out 0.00% −0.33
GEV GE Vernova Inc. Sold out 0.00% −0.32
VST Vistra Corp. Sold out 0.00% −0.32
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.29
HWM Howmet Aerospace Inc. Sold out 0.00% −0.26
NRG NRG Energy Inc. Sold out 0.00% −0.25
JBL Jabil Inc. Sold out 0.00% −0.24
DG Dollar General Corp. Sold out 0.00% −0.22
MRVL Marvell Technology Inc. Sold out 0.00% −0.21
DLTR Dollar Tree Inc. Sold out 0.00% −0.21
ORLY O'reilly Automotive Inc. Sold out 0.00% −0.21
CELH Celsius Holdings Inc. Sold out 0.00% −0.16
DASH DoorDash Inc. Class A Sold out 0.00% −0.14
CAR Avis Budget Group Inc. Sold out 0.00% −0.10
RBLX Roblox Corp. Class A Sold out 0.00% −0.10
HIMS Hims & Hers Health Inc. Sold out 0.00% −0.10
TLN Talen Energy Corp. Sold out 0.00% −0.09
RKLB Rocket Lab Corp. Sold out 0.00% −0.09
APG Api Group Corp. Sold out 0.00% −0.09
IYC iShares US Consumer Discreti Sold out 0.00% −0.08
CVNA Carvana Co. Sold out 0.00% −0.08
ALGM Allegro Microsystems Inc. Sold out 0.00% −0.08
NET Cloudflare Inc. Class A Sold out 0.00% −0.07
IBKR Interactive Brokers Gro Class A Sold out 0.00% −0.07
COIN Coinbase Global Inc. Class A Sold out 0.00% −0.07
SRFM Surf Air Mobility Inc. Sold out 0.00% −0.04

Portfolio Buys Q3 2025 → Q4 2025
MSFT Microsoft Corp. Add +92246.3% 13.88% +13.80
SPGI S&P Global Inc. New 11.12% +11.12
GS Goldman Sachs Group Inc. New 10.46% +10.46
MAR Marriott International Class A New 4.19% +4.19
CAT Caterpillar Inc. New 2.90% +2.90
AVY Avery Dennison Corp. New 2.85% +2.85
BIV Vanguard Intermediate-Term B New 2.35% +2.35
SCHX Schwab US Large-Cap ETF Add +7639.3% 2.18% +2.04
ECL Ecolab Inc. New 1.75% +1.75
DIS The Walt Disney Co. New 1.64% +1.64
SCHF Schwab Intl Equity ETF Add +6231.2% 1.77% +1.63
IYH iShares U.S. Healthcare ETF New 1.20% +1.20
BDX Becton Dickinson and Co. New 1.06% +1.06
WMT Walmart Inc. New 0.72% +0.72
RTX RTX Corp. New 0.71% +0.71
SE Sea Ltd.-ADR New 0.66% +0.66
PG The Procter & Gamble Co. New 0.63% +0.63
LOW Lowe's Cos Inc. New 0.62% +0.62
QCOM Qualcomm Inc. New 0.54% +0.54
MMM 3M Co. New 0.50% +0.50
SCHB Schwab US Broad Market ETF New 0.44% +0.44
EMR Emerson Electric Co. New 0.43% +0.43
UPS United Parcel Service Class B New 0.43% +0.43
JPM JPMorgan Chase & Co. New 0.42% +0.42
C Citigroup Inc. New 0.42% +0.42
ABBV Abbvie Inc. New 0.41% +0.41
SPMD SS SPDR P S&P 400 Midcap ETF New 0.40% +0.40
SCHD Schwab US DVD Equity ETF New 0.40% +0.40
AZN Astrazeneca PLC-Spons ADR New 0.40% +0.40
MRK Merck & Co. Inc. New 0.39% +0.39
IGSB iShares 1-5Y Inv Grade Corp. New 0.38% +0.38
XOM Exxon Mobil Corp. New 0.36% +0.36
AMGN Amgen Inc. New 0.36% +0.36
BNY Bank of New York Mellon Corp. New 0.36% +0.36
BRK.B Berkshire Hathaway Inc. Class B New 0.35% +0.35
EIX Edison International New 0.35% +0.35
PSX Phillips 66 New 0.35% +0.35
WM Waste Management Inc. New 0.34% +0.34
CVX Chevron Corp. New 0.33% +0.33
OMC Omnicom Group New 0.33% +0.33
MCD McDonald's Corp. New 0.32% +0.32
MET Metlife Inc. New 0.32% +0.32
ABT Abbott Laboratories New 0.32% +0.32
UL Unilever PLC-Sponsored ADR New 0.32% +0.32
IQV Iqvia Holdings Inc. New 0.31% +0.31
TSM Taiwan Semiconductor-SP ADR Add +2467.0% 0.38% +0.31
TXN Texas Instruments Inc. New 0.31% +0.31
COP Conocophillips New 0.31% +0.31
GPC Genuine Parts Co. New 0.31% +0.31
IP International Paper Co. New 0.30% +0.30

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 97$1.3BIJS, IWM, IJK, GLD, BIV
Q1 2026 98$1.3BIJS, IWM, IJK, GLD, BIV
Q4 2025 156$1.5BMSFT, SPGI, GS, MAR, CAT
Q3 2025 70$280.1MGLD, IYW, IYZ, IDU, IYF
Q2 2025 57$254.1MGLD, IYZ, IYC, IYF, IYW
Q4 2024 56$230.4MGLD, IYZ, IYF, IYC, IDU