TT Capital Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), TT Capital Management LLC reported 68 stock positions worth $118.8 million. Its top holding was Janus Henderson Aaa Clo ETF (JAAA) at 22.5% of the portfolio, followed by iShares 0-3 Month Treasury B (SGOV, 13.7%) and Janus Henderson B-BBB Clo Et (JBBB, 9.1%). Compared with Q4 2024, it opened 5 new positions, sold out of 10, added to 25 and reduced 30. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +26%) and the biggest sale Citigroup (C, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- Gilbert, AZ
- CIK
- 0002056338
- Portfolio Value
- $118.8M (Q1 2025)
- SEC Filing
- 0001172661-25-001529 ↗ filed Apr 22, 2025
Holdings Value
Holdings 68 stocks · $118.8M
| JAAA Janus Henderson Aaa Clo ETF | 22.45% | 526,017 | $26.7M | Add +26.2% |
| SGOV iShares 0-3 Month Treasury B | 13.66% | 161,227 | $16.2M | Reduce -6.3% |
| JBBB Janus Henderson B-BBB Clo Et | 9.15% | 223,361 | $10.9M | Add +95.6% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 4.12% | 150,125 | $4.9M | Add +21.7% |
| ARE Alexandria Real Estate Equit | 3.50% | 44,896 | $4.2M | Add +1325.3% |
| MSDL Morgan Stanley Direct Lendin | 3.34% | 198,772 | $4.0M | Add +332.3% |
| CCI Crown Castle Inc. | 3.10% | 35,382 | $3.7M | Add +11.3% |
| OBDC Blue Owl Capital Corp. | 3.10% | 250,930 | $3.7M | Add +52.8% |
| WPC WP Carey Inc. | 2.89% | 54,474 | $3.4M | Reduce -3.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.68% | 29,330 | $3.2M | Add +25.1% |
| ALLY Ally Financial Inc. | 2.08% | 67,898 | $2.5M | Reduce -3.6% |
| BTI British American Tob-SP ADR | 2.08% | 59,790 | $2.5M | Reduce -0.5% |
| XFRAX BlackRock Fltng RT Inc. Strat | 1.90% | 175,001 | $2.3M | Reduce -6.7% |
| VZ Verizon Communications Inc. | 1.76% | 45,999 | $2.1M | Add +58.7% |
| BKLN Invesco Senior Loan ETF | 1.35% | 77,358 | $1.6M | Reduce -9.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.29% | 19,351 | $1.5M | Reduce -2.9% |
| OCSL Oaktree Specialty Lending Co. | 1.26% | 97,280 | $1.5M | Add +3.0% |
| FSK FS KKR Capital Corp. | 1.24% | 70,244 | $1.5M | Add +90.8% |
| NNN NNN REIT Inc. | 1.15% | 32,051 | $1.4M | Add +44.1% |
| CPT Camden Property Trust | 1.02% | 9,921 | $1.2M | Reduce -4.1% |
| GOOG Alphabet Inc. Class C | 1.00% | 7,607 | $1.2M | Add +6.1% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.88% | 13,226 | $1.0M | Reduce -1.2% |
| BP BP PLC-Spons ADR | 0.88% | 30,869 | $1.0M | Reduce -4.0% |
| SCHO Schwab Short-Term US Treas | 0.74% | 36,310 | $884K | Reduce -3.7% |
| PAX Patria Investments Ltd. Class A | 0.72% | 75,450 | $852K | Add +10.7% |
| PFE Pfizer Inc. | 0.69% | 32,538 | $825K | Add +21.4% |
| C Citigroup Inc. | 0.68% | 11,444 | $812K | Reduce -94.6% |
| AMZN Amazon.com Inc. | 0.68% | 4,266 | $812K | Add +3.3% |
| MAA Mid-America Apartment Comm | 0.57% | 4,010 | $672K | No change |
| BN Brookfield Corp. | 0.52% | 11,700 | $613K | No change |
| MSFT Microsoft Corp. | 0.49% | 1,558 | $585K | Add +8.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.49% | 5,877 | $580K | Reduce -0.2% |
| EWZ iShares MSCI Brazil ETF | 0.44% | 20,150 | $521K | Add +12.9% |
| TPL Texas Pacific Land Corp. | 0.43% | 390 | $517K | No change |
| OXY Occidental Petroleum Corp. | 0.41% | 9,955 | $491K | Reduce -8.5% |
| EPR Epr Properties filed as EPR PPTYS | 0.40% | 8,925 | $470K | Reduce -61.4% |
| SCYB Schwab High Yield Bond ETF | 0.38% | 17,200 | $449K | Reduce -2.3% |
| KW Kennedy-Wilson Holdings Inc. | 0.37% | 50,870 | $442K | Reduce -1.0% |
| SHV iShares 0-1 Year Treasury Bo | 0.35% | 3,729 | $412K | Reduce -3.1% |
| AHRT Ah Realty Trust Inc. filed as ARMADA HOFFLER PPTYS INC | 0.33% | 52,550 | $395K | Add +86.3% |
| DEO Diageo PLC-Sponsored ADR | 0.32% | 3,653 | $383K | Add +117.7% |
| VCIT Vanguard Int-Term Corporate | 0.31% | 4,557 | $373K | No change |
| VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP | 0.28% | 14,700 | $335K | New |
| XOM Exxon Mobil Corp. | 0.28% | 2,794 | $332K | Reduce -4.3% |
| CION Cion Investment Corp. | 0.27% | 30,998 | $321K | Add +4.4% |
| EPD Enterprise Products Partners | 0.25% | 8,870 | $303K | Reduce -61.0% |
| MO Altria Group Inc. | 0.25% | 4,957 | $298K | No change |
| DOW Dow Inc. | 0.23% | 7,803 | $272K | Add +0.5% |
| RMMZ Rvrnrth MGD Dur Muni Inc. II filed as RIVERNORTH MANAGED DUR MUN I | 0.22% | 17,500 | $266K | No change |
| CVS CVS Health Corp. | 0.22% | 3,904 | $264K | Reduce -2.9% |
| BHP BHP Group Ltd.-Spon ADR | 0.22% | 5,427 | $263K | Add +25.4% |
| AIG American International Group | 0.20% | 2,801 | $243K | Reduce -90.8% |
| PEP Pepsico Inc. | 0.20% | 1,619 | $243K | New |
| DG Dollar General Corp. | 0.20% | 2,701 | $238K | New |
| BXMT Blackstone Mortgage Tru Class A | 0.20% | 11,800 | $236K | Reduce -9.2% |
| MPLX MPLX LP | 0.20% | 4,397 | $235K | No change |
| CLF Cleveland-Cliffs Inc. | 0.19% | 27,425 | $225K | New |
| APA Apa Corp. | 0.18% | 10,404 | $219K | Add +4.0% |
| BAX Baxter International Inc. | 0.18% | 6,300 | $216K | New |
| RIO Rio Tinto PLC-Spon ADR | 0.17% | 3,418 | $205K | Reduce -6.9% |
| VOD Vodafone Group PLC-SP ADR | 0.14% | 18,146 | $170K | Reduce -0.9% |
| PSLV Sprott Physical Silver Trust | 0.14% | 14,072 | $163K | Reduce -1.9% |
| MDV Modiv Industrial Inc. | 0.14% | 10,000 | $161K | Reduce -5.7% |
| VTRS Viatris Inc. | 0.13% | 18,144 | $158K | Reduce -1.6% |
| ECC Eagle Point Credit Co. | 0.11% | 16,400 | $133K | Reduce -6.8% |
| LYG Lloyds Banking Group PLC-ADR | 0.09% | 26,971 | $103K | Reduce -8.5% |
| RC Ready Capital Corp. | 0.05% | 11,164 | $57K | Add +0.1% |
| HURA Tuhura Biosciences Inc. | 0.03% | 10,000 | $32K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| C Citigroup Inc. | Reduce -94.6% | 0.68% | −12.63 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −4.16 |
| BCS Barclays PLC-Spons ADR | Sold out | 0.00% | −1.75 |
| HAPN Happen Inc. | Sold out | 0.00% | −1.74 |
| AIG American International Group | Reduce -90.8% | 0.20% | −1.60 |
| AXON Axon Enterprise Inc. | Sold out | 0.00% | −0.54 |
| EPR Epr Properties | Reduce -61.4% | 0.40% | −0.44 |
| EPD Enterprise Products Partners | Reduce -61.0% | 0.25% | −0.35 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.33 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.27 |
| T AT&T Inc. | Sold out | 0.00% | −0.23 |
| RICK Rci Hospitality Holdings Inc. | Sold out | 0.00% | −0.20 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.15 |
| SGOV iShares 0-3 Month Treasury B | Reduce -6.3% | 13.66% | −0.13 |
| XFRAX BlackRock Fltng RT Inc. Strat | Reduce -6.7% | 1.90% | −0.09 |
| BKLN Invesco Senior Loan ETF | Reduce -9.0% | 1.35% | −0.08 |
| OXFORD LANE CAP CORP | Sold out | 0.00% | −0.07 |
| VTRS Viatris Inc. | Reduce -1.6% | 0.13% | −0.03 |
| OXY Occidental Petroleum Corp. | Reduce -8.5% | 0.41% | −0.03 |
| ALLY Ally Financial Inc. | Reduce -3.6% | 2.08% | −0.01 |
| ECC Eagle Point Credit Co. | Reduce -6.8% | 0.11% | −0.01 |
| DIS The Walt Disney Co. | Reduce -0.2% | 0.49% | −0.01 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -6.9% | 0.17% | −0.00 |
| KW Kennedy-Wilson Holdings Inc. | Reduce -1.0% | 0.37% | +0.00 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -3.1% | 0.35% | +0.01 |
| SCYB Schwab High Yield Bond ETF | Reduce -2.3% | 0.38% | +0.01 |
| MDV Modiv Industrial Inc. | Reduce -5.7% | 0.14% | +0.01 |
| BXMT Blackstone Mortgage Tru Class A | Reduce -9.2% | 0.20% | +0.01 |
| SCHO Schwab Short-Term US Treas | Reduce -3.7% | 0.74% | +0.02 |
| VOD Vodafone Group PLC-SP ADR | Reduce -0.9% | 0.14% | +0.02 |
| LYG Lloyds Banking Group PLC-ADR | Reduce -8.5% | 0.09% | +0.02 |
| XOM Exxon Mobil Corp. | Reduce -4.3% | 0.28% | +0.03 |
| PSLV Sprott Physical Silver Trust | Reduce -1.9% | 0.14% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -1.2% | 0.88% | +0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -2.9% | 1.29% | +0.04 |
| CVS CVS Health Corp. | Reduce -2.9% | 0.22% | +0.06 |
| BP BP PLC-Spons ADR | Reduce -4.0% | 0.88% | +0.07 |
| CPT Camden Property Trust | Reduce -4.1% | 1.02% | +0.09 |
| BTI British American Tob-SP ADR | Reduce -0.5% | 2.08% | +0.36 |
| WPC WP Carey Inc. | Reduce -3.3% | 2.89% | +0.41 |
Portfolio Buys Q4 2024 → Q1 2025
| JAAA Janus Henderson Aaa Clo ETF | Add +26.2% | 22.45% | +5.56 |
| JBBB Janus Henderson B-BBB Clo Et | Add +95.6% | 9.15% | +4.67 |
| ARE Alexandria Real Estate Equit | Add +1325.3% | 3.50% | +3.25 |
| MSDL Morgan Stanley Direct Lendin | Add +332.3% | 3.34% | +2.56 |
| VICI Vici Properties Inc. | Add +21.7% | 4.12% | +1.24 |
| OBDC Blue Owl Capital Corp. | Add +52.8% | 3.10% | +1.13 |
| VZ Verizon Communications Inc. | Add +58.7% | 1.76% | +0.87 |
| CCI Crown Castle Inc. | Add +11.3% | 3.10% | +0.81 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +25.1% | 2.68% | +0.69 |
| FSK FS KKR Capital Corp. | Add +90.8% | 1.24% | +0.59 |
| NNN NNN REIT Inc. | Add +44.1% | 1.15% | +0.44 |
| VTMX Corp. Inmobiliaria Vesta-ADR | New | 0.28% | +0.28 |
| PEP Pepsico Inc. | New | 0.20% | +0.20 |
| DG Dollar General Corp. | New | 0.20% | +0.20 |
| CLF Cleveland-Cliffs Inc. | New | 0.19% | +0.19 |
| BAX Baxter International Inc. | New | 0.18% | +0.18 |
| DEO Diageo PLC-Sponsored ADR | Add +117.7% | 0.32% | +0.16 |
| PFE Pfizer Inc. | Add +21.4% | 0.69% | +0.13 |
| AHRT Ah Realty Trust Inc. | Add +86.3% | 0.33% | +0.11 |
| EWZ iShares MSCI Brazil ETF | Add +12.9% | 0.44% | +0.11 |
| PAX Patria Investments Ltd. Class A | Add +10.7% | 0.72% | +0.11 |
| OCSL Oaktree Specialty Lending Co. | Add +3.0% | 1.26% | +0.09 |
| BHP BHP Group Ltd.-Spon ADR | Add +25.4% | 0.22% | +0.05 |
| MSFT Microsoft Corp. | Add +8.0% | 0.49% | +0.00 |
| CION Cion Investment Corp. | Add +4.4% | 0.27% | −0.00 |
| RC Ready Capital Corp. | Add +0.1% | 0.05% | −0.01 |
| APA Apa Corp. | Add +4.0% | 0.18% | −0.01 |
| DOW Dow Inc. | Add +0.5% | 0.23% | −0.02 |
| AMZN Amazon.com Inc. | Add +3.3% | 0.68% | −0.04 |
| GOOG Alphabet Inc. Class C | Add +6.1% | 1.00% | −0.11 |
Options Activity Q4 2024 → Q1 2025
| MSFT Microsoft Corp. | call | Sold out | 100 | $42Kbefore exit |
| AAPL Apple Inc. | call | Sold out | 100 | $25Kbefore exit |
| VZ Verizon Communications Inc. | call | Sold out | 200 | $8Kbefore exit |
| CVS CVS Health Corp. | call | Sold out | 100 | $4Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 77 | $128.4M | JAAA, JBBB, SGOV, VICI, MSDL |
| Q1 2026 | 73 | $121.3M | JAAA, JBBB, SGOV, VICI, MSDL |
| Q4 2025 | 73 | $125.5M | JAAA, JBBB, SGOV, VICI, MSDL |
| Q3 2025 | 69 | $130.9M | JAAA, JBBB, SGOV, ARE, VICI |
| Q2 2025Amended | 68 | $123.3M | JAAA, SGOV, JBBB, VICI, MSDL |
| Q1 2025 | 68 | $118.8M | JAAA, SGOV, JBBB, VICI, ARE |
| Q4 2024 | 73 | $125.4M | JAAA, SGOV, C, JBBB, VGSH |