TrueMark Investments, LLC

Name: TrueMark Investments, LLC 13F holdings, Q4 2025
Creator: TrueMark Investments, LLC
Published: 2026-01-14

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), TrueMark Investments, LLC reported 227 stock positions worth $523.4 million. Its top holding was SS SPDR P St C Corp. ETF (SPSB) at 2.9% of the portfolio, followed by Philip Morris International (PM, 2.6%) and MPLX (MPLX, 2.2%). Compared with Q3 2025, it opened 105 new positions, sold out of 57, added to 82 and reduced 40. The biggest buy was SS SPDR P St C Corp. ETF (SPSB, shares +2888%) and the biggest sale Trueshares Quartly B HDG ETF (QBER, shares −77%).

Most Recent 13F: Q2 2026
Location: CHICAGO, IL
CIK: 0001974457
Portfolio Value: $523.4M (Q4 2025)
SEC Filing: 0001376474-26-000040 ↗ filed Jan 14, 2026

Holdings Value

Holdings 227 stocks · $523.4M


SPSB SS SPDR P St C Corp. ETF	2.92%	505,908	$15.3M	Add +2888.4%
PM Philip Morris International	2.62%	85,382	$13.7M	Add +10.6%
MPLX MPLX LP	2.22%	218,032	$11.6M	Add +7.7%
VZ Verizon Communications Inc.	2.10%	270,295	$11.0M	Add +7.7%
NEE Nextera Energy Inc.	2.07%	135,149	$10.8M	Add +8.3%
C Citigroup Inc.	1.96%	88,074	$10.3M	Reduce -3.3%
MAYZ TS STR Outcome May ETF	1.93%	301,658	$10.1M	Add +24.4%
JANZ Trueshares Struct Outc Jan	1.91%	261,958	$10.0M	Add +13.5%
ENB Enbridge Inc.	1.89%	206,664	$9.9M	Add +7.7%
NVO Novo-Nordisk A/S-Spons ADR	1.88%	193,853	$9.9M	Add +20.8%
BTI British American Tob-SP ADR	1.87%	173,168	$9.8M	Add +12.3%
APRZ Trueshares STR Outcome April	1.83%	256,124	$9.6M	Add +15.3%
MARZ Trueshares Struc Outcome Mar	1.79%	273,363	$9.4M	Add +8.9%
GS Goldman Sachs Group Inc.	1.78%	10,602	$9.3M	Add +7.7%
FEBZ Trueshares Struct Outcom Feb	1.75%	243,443	$9.2M	Add +2.6%
JUNZ Trueshares Structured Oc Jun	1.73%	276,984	$9.1M	Add +5.8%
AUGZ TS STR Outcome Aug ETF	1.67%	206,722	$8.7M	Reduce -4.8%
SEPZ Trueshares Struc Out Sep ETF	1.66%	205,207	$8.7M	Reduce -8.5%
JNJ Johnson & Johnson	1.64%	41,573	$8.6M	Add +7.7%
QBUL Trueshare QRT Bull Hdge ETF	1.63%	359,305	$8.6M	Add +104.5%
CME Cme Group Inc.	1.63%	31,149	$8.5M	Add +7.7%
DECZ Trueshares Struc Out Dec ETF	1.60%	208,411	$8.4M	Reduce -7.8%
JULZ TS STR Outcome Jul ETF	1.58%	196,435	$8.3M	Add +2.2%
OCTZ Trueshares Struc Outcome Oct	1.56%	191,925	$8.2M	Add +3.6%
NOVZ Trueshares Struc Outcome Nov	1.52%	181,626	$8.0M	Reduce -3.4%
D Dominion Energy Inc.	1.49%	132,757	$7.8M	Add +7.7%
NRG NRG Energy Inc.	1.47%	48,273	$7.7M	Add +49.2%
ABBV Abbvie Inc.	1.44%	32,977	$7.5M	Add +17.4%
ACN Accenture PLC Class A	1.37%	26,779	$7.2M	Add +7.8%
AIG American International Group	1.34%	82,196	$7.0M	Add +29.2%
AEP American Electric Power	1.32%	59,912	$6.9M	Add +9.5%
CRH CRH PLC	1.29%	54,273	$6.8M	Add +7.8%
BIPC Brookfield Infrastructure-A	1.21%	139,756	$6.3M	New
PEP Pepsico Inc.	1.16%	42,283	$6.1M	Add +7.7%
UPS United Parcel Service Class B	1.16%	61,134	$6.1M	Add +277.9%
CI The Cigna Group	1.13%	21,436	$5.9M	Add +7.8%
HSY The Hershey Co.	1.06%	30,463	$5.5M	Add +7.7%
CVX Chevron Corp.	1.01%	34,522	$5.3M	Add +7.7%
GSK GSK PLC-Spon ADR	0.95%	101,132	$5.0M	Add +15.0%
KMI Kinder Morgan Inc.	0.92%	174,506	$4.8M	Add +7.6%
MO Altria Group Inc.	0.86%	77,657	$4.5M	Add +16.9%
UBS UBS Group AG-Reg	0.72%	81,792	$3.8M	Add +15.0%
NET Cloudflare Inc. Class A	0.72%	19,005	$3.7M	Reduce -2.8%
TSM Taiwan Semiconductor-SP ADR	0.71%	12,308	$3.7M	Reduce -21.4%
GPC Genuine Parts Co.	0.71%	30,307	$3.7M	Add +7.8%
PBR Petroleo Brasileiro-Spon ADR	0.66%	291,680	$3.5M	Add +14.9%
UNH Unitedhealth Group Inc.	0.66%	10,465	$3.5M	New
NVDA Nvidia Corp.	0.65%	18,355	$3.4M	Reduce -5.8%
RIO Rio Tinto PLC-Spon ADR	0.62%	40,376	$3.2M	Add +15.0%
JAAA Janus Henderson Aaa Clo ETF	0.62%	63,867	$3.2M	New
CRWD CrowdStrike Holdings Inc. Class A	0.59%	6,642	$3.1M	Reduce -5.5%
BABA Alibaba Group Holding-SP ADR	0.57%	20,492	$3.0M	Add +0.3%
QBER Trueshares Quartly B HDG ETF	0.57%	124,260	$3.0M	Reduce -77.3%
SAN Banco Santander SA-Spon ADR	0.56%	247,661	$2.9M	Add +15.0%
PG The Procter & Gamble Co.	0.55%	20,266	$2.9M	Reduce -52.4%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC	0.55%	36,785	$2.9M	Reduce -20.9%
KOF Coca-Cola Femsa Sab-SP ADR	0.51%	28,262	$2.7M	Add +11.0%
AMX America Movil Sab DE CV	0.51%	128,624	$2.7M	Add +14.9%
MDB Mongodb Inc.	0.49%	6,085	$2.6M	Reduce -2.8%
ASML ASML Holding NV-NY Reg SHS	0.48%	2,332	$2.5M	Reduce -16.6%
LEN Lennar Corp. Class A	0.46%	23,474	$2.4M	Add +7.7%
BINC iShares Flex I A ETF-Usd Inc.	0.45%	45,000	$2.4M	Add +2.5%
GPCR Structure Therapeutics Inc.	0.45%	33,893	$2.4M	Reduce -2.8%
SNOW Snowflake Inc.	0.43%	10,302	$2.3M	Reduce -2.8%
TTE Totalenergies SE	0.43%	34,372	$2.2M	Add +21.6%
NOK Nokia Corp.-Spon ADR	0.43%	345,760	$2.2M	New
JD Jd.com Inc.-ADR	0.39%	70,611	$2.0M	Add +14.9%
SU Suncor Energy Inc.	0.36%	42,841	$1.9M	Add +14.9%
UL Unilever PLC-Sponsored ADR	0.34%	27,493	$1.8M	Add +15.0%
SABA Saba Capital Income & Opp II	0.34%	213,261	$1.8M	Add +2.5%
AMZN Amazon.com Inc.	0.31%	6,965	$1.6M	Reduce -2.8%
IOT Samsara Inc. Class A	0.30%	44,094	$1.6M	Reduce -14.0%
WIW Western Asst Infl-LNK Opp	0.30%	180,960	$1.6M	Add +2.5%
FLNG Flex LNG Ltd.	0.30%	62,186	$1.6M	New
LLY Eli Lilly & Co.	0.29%	1,405	$1.5M	Reduce -2.8%
XGLQX Clough Global Equity Fund	0.29%	196,753	$1.5M	Add +2.5%
BCS Barclays PLC-Spons ADR	0.29%	59,208	$1.5M	Add +14.9%
NTRA Natera Inc.	0.28%	6,425	$1.5M	Reduce -3.2%
AMD Advanced Micro Devices	0.28%	6,790	$1.5M	Reduce -14.5%
OMAB Grupo Aeroportuario Cen-ADR	0.28%	13,266	$1.4M	Add +15.0%
PXH Inves Rafi Emer MRKT-Usd Inc.	0.27%	55,600	$1.4M	Add +2.5%
BCX BlackRock Resources & Commod	0.27%	129,755	$1.4M	Add +2.5%
GOF Guggenheim Strategic Opport	0.27%	109,842	$1.4M	New
INSW International Seaways Inc.	0.27%	28,909	$1.4M	New
CGBD Carlyle Secured Lending Inc.	0.27%	111,844	$1.4M	Add +517.5%
NVS Novartis AG-Sponsored ADR	0.26%	9,800	$1.4M	Add +15.0%
BSTZ BlackRock Sci & Tech TRM TR	0.24%	56,386	$1.3M	Add +2.5%
CMCL Caledonia Mining Corp. PLC	0.24%	47,531	$1.2M	New
ZS Zscaler Inc.	0.23%	5,358	$1.2M	Reduce -4.1%
DDOG Datadog Inc. Class A	0.23%	8,846	$1.2M	Reduce -16.7%
FTQI First Trust Nasdaq Buywrite	0.23%	57,073	$1.2M	New
CPZ Calamos LNG/SHRT Eqty & DYN	0.23%	80,556	$1.2M	Add +2.5%
WTPI Wisdomtree Equity Premium Inc.	0.22%	34,568	$1.1M	New
RVT Royce Small-Cap Trust Inc.	0.22%	70,779	$1.1M	Add +2.5%
TRGP Targa Resources Corp.	0.22%	6,158	$1.1M	New
GLO Clough Global Opportunities	0.22%	199,917	$1.1M	Add +2.5%
FSK FS KKR Capital Corp.	0.20%	71,743	$1.1M	New
OCSL Oaktree Specialty Lending Co.	0.20%	83,344	$1.1M	Add +288.1%
RMT Royce Micro-Cap Trust Inc.	0.20%	101,019	$1.1M	Add +2.5%
QYLD Global X Nasd 100 Cov Call	0.20%	59,045	$1.0M	New
HHH Howard Hughes Holdings Inc.	0.20%	13,000	$1.0M	Reduce -18.9%
DX Dynex Capital Inc.	0.19%	72,205	$1.0M	New
THQ Abrdn Healthcare Opport	0.19%	52,306	$1.0M	New
BSL Blackstone SNR Fltng RT	0.19%	73,949	$998K	Add +2.5%
IIPR Innovative Industrial Proper	0.19%	20,743	$982K	New
IGLB iShares 10+ Year Inv GR Corp.	0.18%	18,540	$935K	Add +2.5%
DKS Dick's Sporting Goods Inc.	0.18%	4,689	$928K	New
GSBD Goldman Sachs BDC Inc.	0.17%	97,151	$902K	New
DHT DHT Holdings Inc.	0.17%	72,960	$891K	New
OVV Ovintiv Inc.	0.17%	22,687	$889K	New
IBN Icici Bank Ltd.-Spon ADR	0.17%	29,760	$887K	New
DDS Dillards Inc. Class A	0.17%	1,442	$874K	New
CWEN Clearway Energy Inc. Class C	0.16%	25,519	$849K	New
EFC Ellington Financial Inc.	0.16%	61,883	$840K	New
PDI PIMCO Dynamic Income Fund	0.16%	47,431	$840K	New
DSU BlackRock Debt Strategies	0.16%	81,573	$830K	New
GBDC Golub Capital BDC Inc.	0.16%	61,075	$829K	New
ARM Arm Holdings PLC-ADR	0.16%	7,485	$818K	Reduce -2.8%
PGR Progressive Corp.	0.15%	3,549	$808K	New
ESTC Elastic NV	0.15%	10,425	$786K	Reduce -11.2%
NOW ServiceNow Inc.	0.15%	5,070	$777K	Reduce -2.7%
HTFL Heartflow Inc.	0.15%	26,506	$773K	Reduce -2.8%
UTF Cohen & Steers Infrastructur	0.15%	31,761	$766K	New
FIG Figma Inc. Class A	0.15%	20,362	$761K	Add +20.4%
USA Liberty All Star Equity Fund	0.14%	118,992	$747K	Add +736.4%
BMEZ BlackRock HLTH Sci TRM TR II	0.14%	48,567	$731K	Add +91.9%
KYN Kayne Anderson Energy Infra	0.14%	57,877	$717K	Add +30.2%
XRSFX Rivernorth Capital & Income	0.13%	47,966	$689K	New
AEF Abrdn Emerging Markets Ex CH	0.13%	97,049	$679K	Add +2.5%
PFO Flaherty & Crumrine P&I Opp	0.13%	70,697	$668K	Add +2.9%
TSLX Sixth Street Specialty Lendi	0.13%	30,312	$658K	New
OTF Blue Owl Technology Finance	0.13%	45,000	$654K	New
CCOI Cogent Communications Holdin	0.12%	29,662	$640K	New
PAG Penske Automotive Group Inc.	0.12%	4,035	$639K	New
CAG Conagra Brands Inc.	0.12%	36,389	$630K	New
CWH Camping World Holdings Inc. Class A	0.12%	63,897	$622K	New
GAIN Gladstone Investment Corp.	0.11%	41,678	$582K	New
FDUS Fidus Investment Corp.	0.11%	30,021	$579K	New
GILD Gilead Sciences Inc.	0.11%	4,675	$574K	New
GIS General Mills Inc.	0.11%	12,279	$571K	Reduce -89.9%
STNG Scorpio Tankers Inc.	0.11%	10,923	$555K	New
BIT BlackRock Multi-Sector Inc.	0.10%	41,953	$548K	Add +95.5%
SDGR Schrodinger Inc.	0.10%	29,702	$531K	Reduce -2.8%
KIO KKR Income Opportunities	0.10%	45,255	$525K	New
THW Abrdn World Healthcare Fund	0.10%	41,032	$524K	New
CAH Cardinal Health Inc.	0.10%	2,474	$508K	New
ARES Ares Management Corp. Class A	0.09%	3,004	$486K	New
ROL Rollins Inc.	0.09%	8,019	$481K	New
VNLA Janus Henderson Short Durati	0.09%	9,579	$471K	New
CTRA Coterra Energy Inc.	0.09%	17,716	$466K	New
CWCO Consolidated Water Co.-Ord SH	0.09%	13,099	$462K	New
FTHY First Trust Hi YLD Opp 2027	0.09%	32,206	$453K	Add +2.5%
NTES Netease Inc.-ADR	0.09%	3,246	$447K	New
CLX Clorox Company	0.09%	4,430	$447K	Reduce -91.8%
CNQ Canadian Natural Resources	0.08%	13,099	$443K	New
VIRT Virtu Financial Inc. Class A	0.08%	12,563	$419K	New
FSSL FS Specialty Lending Fund	0.08%	29,598	$419K	New
SBR Sabine Royalty Trust	0.08%	6,050	$415K	New
BCAT BlackRock Capital Alloc TR	0.08%	28,859	$409K	New
CHCT Community Healthcare Trust I	0.08%	24,556	$403K	New
MHN BlackRock Muniholding NY QLT	0.07%	38,289	$392K	Add +2.5%
NLY Annaly Capital Management Inc.	0.07%	17,376	$389K	New
PHK PIMCO High Income Fund	0.07%	79,784	$388K	Add +3.7%
XAI OCTAGN FLT RAT & ALT INM	0.07%	80,240	$385K	New
BRW Saba Capital Income & Opport	0.07%	53,036	$372K	New
JFR Nuveen Floating Rate Income	0.07%	47,308	$370K	New
GLV Clough Global Dividend & Inc.	0.07%	61,778	$369K	Add +2.5%
BPRE Bluerock Private Real Estate	0.07%	24,085	$361K	New
TBLL Invesco Short Term Treasury	0.07%	3,343	$353K	New
TFLO iShares Treasury Floating Ra	0.07%	6,844	$345K	New
PFN PIMCO Income Strategy FD II	0.07%	45,820	$344K	Add +3.7%
S Sentinelone Inc. Class A	0.07%	22,743	$341K	Reduce -20.0%
FAX Abrdn Asia-Pacific Income	0.06%	22,152	$340K	New
WSM Williams-Sonoma Inc.	0.06%	1,893	$338K	New
XYLD Global X S&P 500 Cove Call E	0.06%	8,313	$338K	New
SEIX Virtus Seix Senior Loan ETF	0.06%	13,691	$320K	New
AMGN Amgen Inc.	0.06%	973	$318K	New
SCM Stellus Capital Investment C	0.06%	24,827	$315K	New
KR Kroger Co.	0.06%	4,851	$303K	New
DGICA Donegal Group Inc. Class A	0.06%	14,552	$291K	New
WINA Winmark Corp.	0.05%	706	$286K	New
EMO Clearbridge Energy Midstream	0.05%	6,319	$282K	New
MFIC Midcap Financial Investment	0.05%	24,108	$276K	New
GBIL Goldman Sachs Access Treasur	0.05%	2,756	$275K	New
NEM Newmont Corp.	0.05%	2,749	$274K	New
UPBD Upbound Group Inc.	0.05%	15,541	$273K	Reduce -92.5%
RYLD Global X Russell 2000 Cov Class	0.05%	17,716	$271K	New
LYB Lyondellbasell Indu Class A	0.05%	6,077	$263K	New
STLD Steel Dynamics Inc.	0.05%	1,552	$263K	New
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.05%	2,665	$261K	New
MSDL Morgan Stanley Direct Lendin	0.05%	15,000	$247K	Reduce -39.9%
CVE Cenovus Energy Inc.	0.05%	14,502	$245K	New
WSO Watsco Inc.	0.05%	706	$238K	New
ERIE Erie Indemnity Company Class A	0.04%	816	$234K	New
ARR Armour Residential REIT Inc.	0.04%	13,113	$232K	New
FLO Flowers Foods Inc.	0.04%	21,036	$229K	New
SCCO Southern Copper Corp.	0.04%	1,567	$225K	New
TIMB Tim SA-ADR	0.04%	11,403	$222K	New
BKT BlackRock Income Trust	0.04%	20,000	$221K	New
HTGC Hercules Capital Inc.	0.04%	11,717	$221K	New
SPE Special Opportunities Fund	0.04%	14,915	$219K	Add +2.5%
YYY Amplify Cef High Income ETF	0.04%	19,017	$219K	New
WMK Weis Markets Inc. filed as WEIS MKTS INC	0.04%	3,248	$208K	New
SPTS SS SPDR P St Term TSY ETF	0.04%	6,983	$204K	New
BBDC Barings BDC Inc.	0.04%	21,967	$202K	Add +7.3%
LEGT Legato Merger Corp. III	0.04%	18,096	$197K	Reduce -4.9%
MYI BlackRock Muniyield QLTY III	0.04%	17,943	$195K	Add +2.5%
TONT Graf Global Corp. Class A	0.04%	18,048	$194K	Reduce -4.9%
BHK BlackRock Core Bond Trust	0.04%	19,501	$187K	New
BTX BlackRock Tech & Priv Eqty	0.04%	28,196	$186K	New
DIAX Nuveen Dow 30 Dynamic Overwr	0.04%	12,137	$185K	New
IHD Voya Emrg MRKT Hi DVD Eqty	0.04%	29,248	$183K	Reduce -12.4%
GPAT GP-Act III Acquisition-A	0.03%	16,017	$171K	Reduce -4.9%
EIC Eagle Point Income Co.-USA Inc.	0.03%	15,000	$171K	New
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP	0.03%	18,558	$171K	New
SOCA Solarius Capital Acquis Class A	0.03%	15,220	$153K	Reduce -4.9%
PMT Pennymac Mortgage Investment	0.03%	12,001	$151K	New
AEAQU Activate Energy Acquisition	0.03%	15,000	$150K	New
BIXIU Bitcoin Infrastructure Acqui	0.03%	15,000	$149K	New
SCIIU SC II Acquisition Corp.	0.03%	14,780	$149K	New
GECC Great Elm Capital Corp.	0.03%	20,994	$148K	New
EVAC Eqv Ventures Acquisition C-A	0.03%	14,437	$145K	Reduce -4.9%
IGACU Invest Green Acquisition Cor	0.03%	14,268	$143K	New
HCACU Hall Chadwick Acquisition Co.	0.03%	14,268	$143K	New
IFN Aberdeen India Fund Inc.	0.03%	10,000	$137K	New
JRS Nuveen Real Estate Income	0.02%	14,138	$108K	Add +2.5%
SWZ Total Return Securities Fund	0.02%	15,276	$95K	New

Other holdings (13): bonds, preferreds, convertibles and warrants · $53K (not counted above)

Security	Class	Shares / Principal	Value	Change
KDKRW Ares Acquisition Corp. II-28	*W EXP 09/25/203	10,085	$15K	No change
AFJKR Aimei Health Technology Co. L	RIGHT 11/17/2028	14,391	$6K	No change
OAKUR Oak Woods Acquisition Cor-RT	RIGHT 03/23/2028	19,934	$5K	No change
TBMCR Trailblazer Merger Corp.-RTS	RIGHT 04/21/2028	19,088	$5K	No change
TONT.WS Graf Global Corp.- 29	*W EXP 05/31/203	10,000	$5K	No change
LEGT.WS Legato Merger Corp. III-29	*W EXP 05/08/203	10,026	$4K	No change
ESHAR Esh Acquisition Corp. - Right	RIGHT 06/13/2028	19,934	$4K	No change
SPEGR Silver Pegasus Acquisition C	RIGHT 06/26/2030	10,001	$3K	No change
APADR A Paradise Acquisition Corp.	RIGHT 07/29/2025	10,000	$3K	No change
RDACR Rising Dragon Acquisition Co.	RIGHT 11/15/2028	10,000	$2K	No change
UCFIW Iron Horse Acquisition Co.-29	*W EXP 09/30/203	12,150	$1K	No change
OAKUW Oak Woods Acquisition -28	*W EXP 99/99/999	19,934	$590	No change
KVAWF Keen Vision Acquisition C-28	*W EXP 03/15/202	10,401	$530	No change

Total filed on the 13F, all lines: $523.5M.

Portfolio Sells Q3 2025 → Q4 2025


QBER Trueshares Quartly B HDG ETF	Reduce -77.3%	0.57%	−1.78
T AT&T Inc.	Sold out	0.00%	−1.44
CSCO Cisco Systems Inc.	Sold out	0.00%	−1.20
OWL Blue Owl Capital Inc.	Sold out	0.00%	−1.19
DRI Darden Restaurants Inc.	Sold out	0.00%	−1.18
CVS CVS Health Corp.	Sold out	0.00%	−1.18
BKE The Buckle Inc.	Sold out	0.00%	−1.15
EOG EOG Resources Inc.	Sold out	0.00%	−1.12
APOG Apogee Enterprises Inc.	Sold out	0.00%	−1.10
BKU Bankunited Inc.	Sold out	0.00%	−1.10
CLX Clorox Company	Reduce -91.8%	0.09%	−1.08
HRL Hormel Foods Corp.	Sold out	0.00%	−1.05
LKFN Lakeland Financial Corp.	Sold out	0.00%	−1.04
GIS General Mills Inc.	Reduce -89.9%	0.11%	−0.95
APD Air Products & Chemicals Inc.	Sold out	0.00%	−0.88
UVV Universal Corp.	Sold out	0.00%	−0.88
OXM Oxford Industries Inc.	Sold out	0.00%	−0.82
CBRL Cracker Barrel Old Country	Sold out	0.00%	−0.81
UPBD Upbound Group Inc.	Reduce -92.5%	0.05%	−0.79
OC Owens Corning	Sold out	0.00%	−0.66
PG The Procter & Gamble Co.	Reduce -52.4%	0.55%	−0.58
GBCI Glacier Bancorp Inc.	Sold out	0.00%	−0.56
REPX Riley Exploration Permian Inc.	Sold out	0.00%	−0.53
CL Colgate-Palmolive Co.	Sold out	0.00%	−0.52
WDFC WD-40 Co.	Sold out	0.00%	−0.48
CAC Camden National Corp.	Sold out	0.00%	−0.46
CHCO City Holding Co.	Sold out	0.00%	−0.44
GD General Dynamics Corp.	Sold out	0.00%	−0.40
VLGEA Village Super Market Class A	Sold out	0.00%	−0.38
FAST Fastenal Co.	Sold out	0.00%	−0.35
LOW Lowe's Cos Inc.	Sold out	0.00%	−0.35
DG Dollar General Corp.	Sold out	0.00%	−0.34
RPM RPM International Inc.	Sold out	0.00%	−0.28
TQQQ Proshares Ultrapro QQQ	Sold out	0.00%	−0.22
SPXL Direxion Daily S&P 500 Bull	Sold out	0.00%	−0.22
FUNC First United Corp.	Sold out	0.00%	−0.22
TNA Dir Dai SML Ca Bul 3X Et-Usd	Sold out	0.00%	−0.22
IEX Idex Corp.	Sold out	0.00%	−0.22
UDOW Proshares Ultrapro DOW30	Sold out	0.00%	−0.22
HBCP Home Bancorp Inc.	Sold out	0.00%	−0.18
MRSH Marsh & McLennan Cos	Sold out	0.00%	−0.14
GNTX Gentex Corp.	Sold out	0.00%	−0.13
SAIC Science Applications Inte	Sold out	0.00%	−0.11
OVBC Ohio Valley Banc Corp.	Sold out	0.00%	−0.11
FNLC First Bancorp Inc.	Sold out	0.00%	−0.10
FMAO Farmers & Merchants Banco	Sold out	0.00%	−0.10
DGX Quest Diagnostics Inc.	Sold out	0.00%	−0.08
NUV Nuveen Municipal Value	Sold out	0.00%	−0.07
MYN BlackRock Muniyield NY QLTY	Sold out	0.00%	−0.07
UNB Union Bankshares Inc.	Sold out	0.00%	−0.06

Portfolio Buys Q3 2025 → Q4 2025


SPSB SS SPDR P St C Corp. ETF	Add +2888.4%	2.92%	+2.83
BIPC Brookfield Infrastructure-A	New	1.21%	+1.21
UPS United Parcel Service Class B	Add +277.9%	1.16%	+0.92
QBUL Trueshare QRT Bull Hdge ETF	Add +104.5%	1.63%	+0.84
UNH Unitedhealth Group Inc.	New	0.66%	+0.66
JAAA Janus Henderson Aaa Clo ETF	New	0.62%	+0.62
NRG NRG Energy Inc.	Add +49.2%	1.47%	+0.56
MAYZ TS STR Outcome May ETF	Add +24.4%	1.93%	+0.51
AIG American International Group	Add +29.2%	1.34%	+0.47
MPLX MPLX LP	Add +7.7%	2.22%	+0.47
BTI British American Tob-SP ADR	Add +12.3%	1.87%	+0.45
PM Philip Morris International	Add +10.6%	2.62%	+0.44
NEE Nextera Energy Inc.	Add +8.3%	2.07%	+0.43
NOK Nokia Corp.-Spon ADR	New	0.43%	+0.43
GS Goldman Sachs Group Inc.	Add +7.7%	1.78%	+0.42
JNJ Johnson & Johnson	Add +7.7%	1.64%	+0.40
JANZ Trueshares Struct Outc Jan	Add +13.5%	1.91%	+0.38
APRZ Trueshares STR Outcome April	Add +15.3%	1.83%	+0.36
NVO Novo-Nordisk A/S-Spons ADR	Add +20.8%	1.88%	+0.34
ABBV Abbvie Inc.	Add +17.4%	1.44%	+0.31
ACN Accenture PLC Class A	Add +7.8%	1.37%	+0.31
FLNG Flex LNG Ltd.	New	0.30%	+0.30
GSK GSK PLC-Spon ADR	Add +15.0%	0.95%	+0.29
MARZ Trueshares Struc Outcome Mar	Add +8.9%	1.79%	+0.27
GOF Guggenheim Strategic Opport	New	0.27%	+0.27
INSW International Seaways Inc.	New	0.27%	+0.27
CME Cme Group Inc.	Add +7.7%	1.63%	+0.27
AEP American Electric Power	Add +9.5%	1.32%	+0.25
CRH CRH PLC	Add +7.8%	1.29%	+0.24
CMCL Caledonia Mining Corp. PLC	New	0.24%	+0.24
JUNZ Trueshares Structured Oc Jun	Add +5.8%	1.73%	+0.23
CGBD Carlyle Secured Lending Inc.	Add +517.5%	0.27%	+0.23
FTQI First Trust Nasdaq Buywrite	New	0.23%	+0.23
WTPI Wisdomtree Equity Premium Inc.	New	0.22%	+0.22
TRGP Targa Resources Corp.	New	0.22%	+0.22
UBS UBS Group AG-Reg	Add +15.0%	0.72%	+0.22
RIO Rio Tinto PLC-Spon ADR	Add +15.0%	0.62%	+0.21
ENB Enbridge Inc.	Add +7.7%	1.89%	+0.21
FSK FS KKR Capital Corp.	New	0.20%	+0.20
PEP Pepsico Inc.	Add +7.7%	1.16%	+0.20
QYLD Global X Nasd 100 Cov Call	New	0.20%	+0.20
DX Dynex Capital Inc.	New	0.19%	+0.19
THQ Abrdn Healthcare Opport	New	0.19%	+0.19
IIPR Innovative Industrial Proper	New	0.19%	+0.19
VZ Verizon Communications Inc.	Add +7.7%	2.10%	+0.19
DKS Dick's Sporting Goods Inc.	New	0.18%	+0.18
FEBZ Trueshares Struct Outcom Feb	Add +2.6%	1.75%	+0.18
D Dominion Energy Inc.	Add +7.7%	1.49%	+0.18
GSBD Goldman Sachs BDC Inc.	New	0.17%	+0.17
DHT DHT Holdings Inc.	New	0.17%	+0.17

Notes & Other Activity Q3 2025 → Q4 2025


IROHR Iron Horse Acquisitions Righ	RIGHT 99/99/9999	Sold out	12,150	$9Kbefore exit
FORLW Four Leaf Acquisition Cor-28	*W EXP 03/15/202	Sold out	19,934	$716before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	169	$798.2M	MARZ, MAYZ, NOVZ, FEBZ, APRZ
Q1 2026	155	$513.7M	SPSB, CVX, VZ, PM, MPLX
Q4 2025	227	$523.4M	SPSB, PM, MPLX, VZ, NEE
Q3 2025	180	$575.3M	QBER, PM, VZ, MPLX, ENB
Q2 2025	139	$462.7M	VZ, BTI, PM, T, ABBV
Q1 2025	183	$381.6M	VZ, T, BTI, ABBV, PM
Q4 2024	160	$313.2M	ENB, VZ, BTI, PM, ORCL
Q3 2024	221	$311.6M	NEE, BTI, VZ, PM, XOM
Q2 2024	198	$292.4M	NVDA, BTI, NEE, AVGO, C
Q1 2024	72	$108.9M	NVDA, C, AVGO, OWL, CRWD