Verum Partners LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Verum Partners LLC reported 169 stock positions worth $469.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 8.5% of the portfolio, followed by Fpa Global Equity ETF New (FPAG, 7.2%) and iShares US Treasury Bond ETF (GOVT, 7.1%). Compared with Q2 2025, it opened 7 new positions, sold out of 5, added to 69 and reduced 79. The biggest buy was Cambria Shareholder Yield Et (SYLD, shares +15%) and the biggest sale Vanguard Dividend Apprec ETF (VIG, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0001958984
- Portfolio Value
- $469.4M (Q3 2025)
- SEC Filing
- 0001951757-25-001378 ↗ filed Nov 12, 2025
Holdings Value
Holdings 169 stocks · $469.4M
| VOO Vanguard S&P 500 ETF | 8.55% | 65,513 | $40.1M | Add +3.8% |
| FPAG Fpa Global Equity ETF New | 7.16% | 937,225 | $33.6M | Add +3.2% |
| GOVT iShares US Treasury Bond ETF | 7.08% | 1,436,554 | $33.2M | Add +4.3% |
| IJR iShares Core S&P Small-Cap E | 5.27% | 208,323 | $24.8M | Add +2.9% |
| VCRB Vanguard Core Bond ETF | 4.62% | 276,754 | $21.7M | Add +12.9% |
| VSDM Vanguard Short Tax-Ex Bond | 3.67% | 224,336 | $17.2M | Add +0.9% |
| IVV iShares Core S&P 500 ETF | 3.53% | 24,756 | $16.6M | Reduce -0.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 3.43% | 374,328 | $16.1M | Add +1.9% |
| JPST JPMorgan Ultra-Short Income | 3.36% | 311,354 | $15.8M | Add +0.7% |
| QLTY GMO U.S. Quality ETF | 3.13% | 406,309 | $14.7M | Add +8.8% |
| VCRM Vanguard Core Tax-Ex Bond | 2.93% | 182,538 | $13.7M | Add +9.5% |
| SYLD Cambria Shareholder Yield Et | 2.77% | 189,446 | $13.0M | Add +15.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.94% | 35,771 | $9.1M | Reduce -0.6% |
| VIG Vanguard Dividend Apprec ETF | 1.49% | 32,366 | $7.0M | Reduce -4.5% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 1.41% | 145,650 | $6.6M | Reduce -0.5% |
| ACWI iShares MSCI Acwi ETF | 1.40% | 47,524 | $6.6M | Reduce -1.5% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.36% | 243,399 | $6.4M | Reduce -4.1% |
| FYLD Cambria Foreign Shareholder | 1.31% | 197,067 | $6.1M | Add +9.5% |
| AAPL Apple Inc. | 1.31% | 24,091 | $6.1M | Add +1.2% |
| VEA Vanguard Ftse Developed ETF | 1.12% | 87,537 | $5.2M | Reduce -0.6% |
| IWF iShares Russell 1000 Growth | 1.10% | 11,063 | $5.2M | Reduce -0.8% |
| VTI VG Morningstar TS MKT ETF-US | 1.09% | 15,598 | $5.1M | Reduce -3.0% |
| VIGI Vanguard Int Div App Indx FD | 0.97% | 50,682 | $4.5M | Add +13.0% |
| MSFT Microsoft Corp. | 0.94% | 8,518 | $4.4M | Reduce -2.0% |
| DFIV Dimensional International Va | 0.91% | 92,331 | $4.3M | Reduce -0.6% |
| KO The Coca-Cola Co. | 0.90% | 63,615 | $4.2M | Add +0.2% |
| VOOG Vanguard S&P 500 Growth ETF | 0.88% | 9,495 | $4.1M | Reduce -0.4% |
| AMZN Amazon.com Inc. | 0.88% | 18,752 | $4.1M | Add +2.0% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.86% | 129,197 | $4.0M | Reduce -3.0% |
| PXF Invesco Rafi Developed Marke | 0.85% | 65,550 | $4.0M | Reduce -2.0% |
| SPHQ Invesco S&P 500 Quality ETF | 0.78% | 50,115 | $3.7M | Reduce -5.5% |
| TSLA Tesla Inc. | 0.71% | 7,538 | $3.4M | Add +2.1% |
| LLY Eli Lilly & Co. | 0.68% | 4,182 | $3.2M | Add +0.2% |
| NVDA Nvidia Corp. | 0.67% | 16,962 | $3.2M | Add +11.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.67% | 4,744 | $3.2M | Add +1.9% |
| DFEV Dimensional Emrg MRKT Val | 0.61% | 89,440 | $2.9M | Add +0.1% |
| XLK SS Technology Select Sector | 0.60% | 10,038 | $2.8M | Add +0.1% |
| RY Royal Bank of Canada | 0.56% | 17,902 | $2.6M | Reduce -9.0% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.53% | 22,477 | $2.5M | Reduce 0.0% |
| VWO Vanguard Ftse Emerging Marke | 0.52% | 44,743 | $2.4M | Add +3.2% |
| SCHX Schwab US Large-Cap ETF | 0.51% | 90,787 | $2.4M | Add +0.1% |
| IWV iShares Russell 3000 ETF | 0.45% | 5,539 | $2.1M | No change |
| AVGO Broadcom Inc. | 0.45% | 6,349 | $2.1M | Reduce -4.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.43% | 10,938 | $2.0M | Reduce -4.9% |
| JPM JPMorgan Chase & Co. | 0.40% | 5,962 | $1.9M | Reduce -7.3% |
| IXUS iShares Core Intl Stock ETF | 0.40% | 22,712 | $1.9M | Reduce -1.2% |
| DGRW Wisdomtree U.S. Quality Divi | 0.39% | 20,485 | $1.8M | Reduce -2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.38% | 3,577 | $1.8M | Reduce -2.8% |
| LOW Lowe's Cos Inc. | 0.38% | 7,125 | $1.8M | Reduce -5.1% |
| BSV Vanguard Short-Term Bond ETF | 0.38% | 22,689 | $1.8M | Add +6.7% |
| PRF Invesco Rafi US 1000 ETF | 0.37% | 38,882 | $1.8M | Reduce -0.2% |
| HD Home Depot Inc. | 0.37% | 4,280 | $1.7M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 0.30% | 5,732 | $1.4M | Add +0.9% |
| IWD iShares Russell 1000 Value E | 0.29% | 6,715 | $1.4M | Reduce -3.3% |
| IDEV iShares Core MSCI Dev MKTS | 0.28% | 16,215 | $1.3M | Reduce -1.7% |
| VONV Vanguard Russell 1000 Value | 0.28% | 14,501 | $1.3M | Reduce -10.4% |
| GOOGL Alphabet Inc. Class A | 0.27% | 5,259 | $1.3M | Add +13.9% |
| OEF iShares S&P 100 ETF | 0.27% | 3,771 | $1.3M | Reduce -1.6% |
| ILCV iShares Morningstar Value Et | 0.24% | 12,400 | $1.1M | No change |
| IVW iShares S&P 500 Growth ETF | 0.24% | 9,172 | $1.1M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.23% | 7,075 | $1.1M | Reduce -2.4% |
| SCHD Schwab US DVD Equity ETF | 0.23% | 39,285 | $1.1M | Reduce -8.3% |
| IWM iShares Russell 2000 ETF | 0.22% | 4,321 | $1.0M | Add +0.8% |
| GE General Electric filed as GE AEROSPACE | 0.22% | 3,402 | $1.0M | Reduce -0.0% |
| VONG Vanguard Russell 1000 Growth | 0.22% | 8,455 | $1.0M | Reduce -13.5% |
| SCHV Schwab US Large-Cap Value | 0.21% | 33,367 | $971K | Reduce -2.8% |
| VOOV Vanguard S&P 500 Value ETF | 0.19% | 4,432 | $884K | Reduce -2.1% |
| IWB iShares Russell 1000 ETF | 0.18% | 2,280 | $833K | Add +0.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.18% | 8,991 | $825K | Reduce -12.1% |
| IEMG iShares Core MSCI Emerging | 0.17% | 12,410 | $818K | Add +10.8% |
| ABBV Abbvie Inc. | 0.17% | 3,415 | $791K | Reduce -1.4% |
| V Visa Inc. Class A | 0.17% | 2,272 | $776K | Add +7.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 1,243 | $747K | Add +18.9% |
| RTX RTX Corp. | 0.15% | 4,099 | $686K | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 13,076 | $675K | Add +7.2% |
| WMT Walmart Inc. | 0.14% | 6,488 | $669K | Reduce -2.5% |
| BND Vanguard Total Bond Market | 0.14% | 8,928 | $664K | Add +35.9% |
| ORCL Oracle Corp. | 0.14% | 2,358 | $663K | Add +2.5% |
| JNJ Johnson & Johnson | 0.14% | 3,516 | $652K | Reduce -2.2% |
| COST Costco Wholesale Corp. | 0.14% | 696 | $644K | Reduce -2.3% |
| VPLS Vanguard Core-Plus Bond ETF | 0.14% | 8,100 | $637K | Reduce -6.7% |
| JBL Jabil Inc. | 0.13% | 2,901 | $630K | Reduce -1.0% |
| WFC Wells Fargo & Co. | 0.13% | 7,408 | $621K | Add +2.0% |
| MA Mastercard Inc. Class A | 0.13% | 1,090 | $620K | Add +0.7% |
| META Meta Platforms Inc. Class A | 0.13% | 840 | $617K | Add +6.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.13% | 6,926 | $605K | Reduce -29.4% |
| VYM Vanguard High DVD Yield ETF | 0.13% | 4,236 | $597K | Reduce -29.1% |
| VXUS Vanguard Total Intl Stock | 0.13% | 8,111 | $596K | Reduce -0.9% |
| CVX Chevron Corp. | 0.13% | 3,794 | $589K | Add +8.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.13% | 4,065 | $588K | Reduce -1.6% |
| VT Vanguard Tot World STK ETF | 0.12% | 4,203 | $579K | Add +1.8% |
| UNH Unitedhealth Group Inc. | 0.12% | 1,674 | $578K | Add +8.7% |
| NPO Enpro Inc. | 0.12% | 2,549 | $576K | Add +33.7% |
| VRSK Verisk Analytics Inc. | 0.12% | 2,235 | $562K | No change |
| ADP Automatic Data Processing | 0.12% | 1,897 | $557K | Add +2.6% |
| MCD McDonald's Corp. | 0.12% | 1,803 | $548K | Add +2.9% |
| GEV GE Vernova Inc. | 0.11% | 844 | $519K | Reduce -0.5% |
| DFAW Dimensional World Eqty ETF | 0.11% | 7,112 | $511K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.11% | 1,728 | $508K | Add +4.7% |
| ICSH iShares Ultra Short Duration | 0.11% | 9,951 | $505K | Add +0.3% |
Options reported separately and not counted above: ROYAL BK CDA puts ($41K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
Total filed on the 13F, all lines: $470.5M.
Portfolio Sells Q2 2025 → Q3 2025
| VIG Vanguard Dividend Apprec ETF | Reduce -4.5% | 1.49% | −0.11 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -5.5% | 0.78% | −0.09 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -4.1% | 1.36% | −0.07 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -29.4% | 0.13% | −0.06 |
| MSFT Microsoft Corp. | Reduce -2.0% | 0.94% | −0.06 |
| VYM Vanguard High DVD Yield ETF | Reduce -29.1% | 0.13% | −0.06 |
| MS Morgan Stanley | Sold out | 0.00% | −0.05 |
| VZ Verizon Communications Inc. | Reduce -35.2% | 0.08% | −0.05 |
| ALLY Ally Financial Inc. | Sold out | 0.00% | −0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.05 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.05 |
| VONV Vanguard Russell 1000 Value | Reduce -10.4% | 0.28% | −0.04 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.6% | 1.12% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -12.1% | 0.18% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.6% | 3.53% | −0.04 |
| ACN Accenture PLC Class A | Reduce -7.8% | 0.09% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.0% | 1.09% | −0.04 |
| RY Royal Bank of Canada | Reduce -9.0% | 0.56% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -2.4% | 0.23% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -4.9% | 0.43% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -8.3% | 0.23% | −0.03 |
| PXF Invesco Rafi Developed Marke | Reduce -2.0% | 0.85% | −0.03 |
| ACWI iShares MSCI Acwi ETF | Reduce -1.5% | 1.40% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.6% | 1.94% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -7.3% | 0.40% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 0.38% | −0.03 |
| VONG Vanguard Russell 1000 Growth | Reduce -13.5% | 0.22% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -2.3% | 0.14% | −0.03 |
| VOD Vodafone Group PLC-SP ADR | Sold out | 0.00% | −0.03 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -3.0% | 0.86% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -3.3% | 0.29% | −0.02 |
| VPLS Vanguard Core-Plus Bond ETF | Reduce -6.7% | 0.14% | −0.02 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -2.4% | 0.39% | −0.02 |
| DUK Duke Energy Corp. | Reduce -12.7% | 0.09% | −0.02 |
| HON Honeywell International Inc. | Reduce -2.3% | 0.07% | −0.02 |
| PAYX Paychex Inc. | Reduce -1.0% | 0.06% | −0.02 |
| ABT Abbott Laboratories | Reduce -6.0% | 0.09% | −0.02 |
| CI The Cigna Group | Reduce -4.1% | 0.05% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -7.6% | 0.08% | −0.01 |
| JBL Jabil Inc. | Reduce -1.0% | 0.13% | −0.01 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -1.7% | 0.28% | −0.01 |
| SCHV Schwab US Large-Cap Value | Reduce -2.8% | 0.21% | −0.01 |
| DFIV Dimensional International Va | Reduce -0.6% | 0.91% | −0.01 |
| IXUS iShares Core Intl Stock ETF | Reduce -1.2% | 0.40% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -0.7% | 0.11% | −0.01 |
| AIG American International Group | Reduce -0.5% | 0.05% | −0.01 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -2.1% | 0.19% | −0.01 |
| BX Blackstone Inc. | Reduce -13.7% | 0.08% | −0.01 |
| WMT Walmart Inc. | Reduce -2.5% | 0.14% | −0.01 |
| CB Chubb Ltd. | Reduce -2.3% | 0.05% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| SYLD Cambria Shareholder Yield Et | Add +15.0% | 2.77% | +0.30 |
| VOO Vanguard S&P 500 ETF | Add +3.8% | 8.55% | +0.27 |
| VCRB Vanguard Core Bond ETF | Add +12.9% | 4.62% | +0.23 |
| AAPL Apple Inc. | Add +1.2% | 1.31% | +0.18 |
| QLTY GMO U.S. Quality ETF | Add +8.8% | 3.13% | +0.18 |
| TSLA Tesla Inc. | Add +2.1% | 0.71% | +0.17 |
| IJR iShares Core S&P Small-Cap E | Add +2.9% | 5.27% | +0.16 |
| NVDA Nvidia Corp. | Add +11.2% | 0.67% | +0.12 |
| VCRM Vanguard Core Tax-Ex Bond | Add +9.5% | 2.93% | +0.09 |
| FYLD Cambria Foreign Shareholder | Add +9.5% | 1.31% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +13.9% | 0.27% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +0.9% | 0.30% | +0.06 |
| INTC Intel Corp. | New | 0.06% | +0.06 |
| VLO Valero Energy Corp. | New | 0.05% | +0.05 |
| PEP Pepsico Inc. | New | 0.05% | +0.05 |
| AMAT Applied Materials Inc. | New | 0.05% | +0.05 |
| IBIT iShares Bitcoin Trust ETF | New | 0.05% | +0.05 |
| UNP Union Pacific Corp. | New | 0.04% | +0.04 |
| GPC Genuine Parts Co. | New | 0.04% | +0.04 |
| NPO Enpro Inc. | Add +33.7% | 0.12% | +0.04 |
| VIGI Vanguard Int Div App Indx FD | Add +13.0% | 0.97% | +0.03 |
| BND Vanguard Total Bond Market | Add +35.9% | 0.14% | +0.03 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +1.9% | 3.43% | +0.03 |
| FPAG Fpa Global Equity ETF New | Add +3.2% | 7.16% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +18.9% | 0.16% | +0.03 |
| ORCL Oracle Corp. | Add +2.5% | 0.14% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +3.2% | 0.52% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +10.8% | 0.17% | +0.02 |
| XLK SS Technology Select Sector | Add +0.1% | 0.60% | +0.02 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Add +26.9% | 0.07% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +8.7% | 0.12% | +0.01 |
| BAC Bank of America Corp. | Add +7.2% | 0.14% | +0.01 |
| CVX Chevron Corp. | Add +8.5% | 0.13% | +0.01 |
| HD Home Depot Inc. | Add +0.7% | 0.37% | +0.01 |
| QCOM Qualcomm Inc. | Add +17.3% | 0.08% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.9% | 0.67% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +0.8% | 0.22% | +0.01 |
| XOM Exxon Mobil Corp. | Add +14.0% | 0.09% | +0.01 |
| RTX RTX Corp. | Add +0.1% | 0.15% | +0.01 |
| COMP Compass Inc. Class A | Add +0.4% | 0.03% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.0% | 0.08% | +0.00 |
| IWN iShares Russell 2000 Value E | Add +0.4% | 0.06% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.7% | 0.11% | +0.00 |
| DHC Diversified Healthcare Trust | Add +1.3% | 0.01% | +0.00 |
| CSX CSX Corp. | Add +1.9% | 0.05% | +0.00 |
| VT Vanguard Tot World STK ETF | Add +1.8% | 0.12% | +0.00 |
| RIG Transocean Ltd. | Add +1.5% | 0.01% | +0.00 |
| VXF Vanguard Extended Market ETF | Add +0.3% | 0.07% | +0.00 |
| ALL Allstate Corp. | Add +0.4% | 0.06% | −0.00 |
| IWB iShares Russell 1000 ETF | Add +0.1% | 0.18% | −0.00 |
Options Activity Q2 2025 → Q3 2025
| ROYAL BK CDA | put | New | 17,400 | $41K |
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 | 200 | $661.5M | VCRB, VCRM, VOO, GOVT, FPAG |
| Q1 2026 | 175 | $526.4M | VCRM, VOO, GOVT, VCRB, FPAG |
| Q4 2025 | 168 | $496.0M | VOO, VCRM, FPAG, GOVT, IJR |
| Q3 2025 | 169 | $469.4M | VOO, FPAG, GOVT, IJR, VCRB |
| Q2 2025 | 167 | $433.1M | VOO, GOVT, FPAG, IJR, VCRB |
| Q1 2025 | 158 | $370.4M | FPAG, GOVT, IJR, VOO, VCRB |
| Q4 2024 | 162 | $346.5M | GOVT, FPAG, VOO, JPST, IJR |
| Q3 2024 | 160 | $340.5M | GOVT, JPST, VOO, FPAG, IVV |
| Q2 2024 | 151 | $309.0M | GOVT, JPST, FPAG, VOO, IVV |
| Q1 2024 | 154 | $281.2M | GOVT, JPST, IVV, NORTHERN LTS FD TR III, FNDF |