Vision Financial Markets LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Vision Financial Markets LLC reported 430 stock positions worth $91.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 8.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 8.4%) and AutoZone (AZO, 8.0%). Compared with Q4 2024, it opened 208 new positions, sold out of 9, added to 63 and reduced 28. The biggest buy was a new position in iShares 20+ Year Treasury BD (TLT) and the biggest sale an exit from Cme (CME).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0001378145
Portfolio Value
$91.9M (Q1 2025)
SEC Filing
0001378145-25-000011 ↗ filed May 9, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q4 2024: $92.7M Q4 2024 Q1 2025: $91.9M $91.9M Q1 2025 Q2 2025: $106.1M Q2 2025 Q3 2025: $117.1M Q3 2025 Q4 2025: $98.0M Q4 2025 Q1 2026: $102.5M Q1 2026 Q2 2026: $115.2M Q2 2026

Holdings 430 stocks · $91.9M
SPY SS SPDR S&P 500 ETF Trust-US 8.48% 13,924 $7.8M Reduce -3.2%
QQQ Invesco QQQ Trust Series 1 8.37% 16,391 $7.7M Reduce -2.1%
AZO AutoZone Inc. 8.02% 1,933 $7.4M No change
AAPL Apple Inc. 7.67% 31,713 $7.0M Add +2.1%
TBIL F/M US Treasury 3 Month Bill 5.73% 105,298 $5.3M Add +1.7%
JPM JPMorgan Chase & Co. 4.46% 16,697 $4.1M Reduce -0.5%
AMZN Amazon.com Inc. 4.02% 19,423 $3.7M Add +5.0%
BRK.B Berkshire Hathaway Inc. Class B 4.00% 6,900 $3.7M Add +1.2%
AN Autonation Inc. 2.62% 14,850 $2.4M No change
TLT iShares 20+ Year Treasury BD 2.59% 26,100 $2.4M New
HD Home Depot Inc. 2.58% 6,479 $2.4M Add +0.6%
WSM Williams-Sonoma Inc. 2.38% 13,800 $2.2M No change
WM Waste Management Inc. 1.61% 6,394 $1.5M No change
BLK BlackRock Inc. 1.44% 1,400 $1.3M No change
COST Costco Wholesale Corp. 1.38% 1,340 $1.3M Add +3.1%
TSLA Tesla Inc. 1.31% 4,637 $1.2M Add +2.1%
MSFT Microsoft Corp. 1.22% 2,982 $1.1M Add +11.5%
BITO Proshares Bitcoin ETF-Usd 1.14% 57,117 $1.0M Add +252.5%
SHAK Shake Shack Inc. Class A 1.08% 11,300 $996K No change
MCD McDonald's Corp. 1.04% 3,053 $954K Reduce -3.2%
STWD Starwood Property Trust Inc. 0.96% 44,700 $884K Reduce -1.6%
VZ Verizon Communications Inc. 0.93% 18,839 $855K Add +0.6%
T AT&T Inc. 0.91% 29,613 $837K Add +0.0%
JNJ Johnson & Johnson 0.88% 4,875 $808K Reduce -9.3%
MET Metlife Inc. 0.87% 9,933 $798K Reduce -1.9%
LMT Lockheed Martin Corp. 0.78% 1,600 $715K No change
GOOG Alphabet Inc. Class C 0.73% 4,288 $670K Add +16.8%
O Realty Income Corp. 0.73% 11,500 $667K Add +945.5%
WMT Walmart Inc. 0.62% 6,513 $572K No change
AFL Aflac Inc. 0.61% 5,000 $556K Reduce -7.4%
NVDA Nvidia Corp. 0.60% 5,089 $551K Add +1711.0%
ED Consolidated Edison Inc. 0.58% 4,828 $534K Reduce -2.0%
WMB Williams Cos Inc. 0.56% 8,600 $514K No change
AGG iShares Core U.S. Aggregate 0.54% 5,000 $495K No change
CVX Chevron Corp. 0.52% 2,852 $477K Add +5.8%
IGSB iShares 1-5Y Inv Grade Corp. 0.51% 9,000 $471K Reduce -10.0%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.47% 4,000 $435K No change
V Visa Inc. Class A 0.46% 1,215 $426K Reduce -2.8%
BND Vanguard Total Bond Market 0.46% 5,796 $426K No change
XOM Exxon Mobil Corp. 0.42% 3,274 $389K Add +0.6%
CVS CVS Health Corp. 0.41% 5,572 $377K Reduce -3.0%
MO Altria Group Inc. 0.40% 6,100 $366K Add +2950.0%
LLY Eli Lilly & Co. 0.39% 430 $355K New
UPS United Parcel Service Class B 0.38% 3,134 $345K Add +0.7%
KO The Coca-Cola Co. 0.37% 4,805 $344K Reduce -6.7%
SBUX Starbucks Corp. 0.33% 3,058 $300K Reduce -7.6%
KHC The Kraft Heinz Co. 0.33% 9,850 $300K No change
RH RH 0.32% 1,260 $295K Reduce -1.9%
DEO Diageo PLC-Sponsored ADR 0.32% 2,815 $295K No change
GS Goldman Sachs Group Inc. 0.31% 516 $282K Add +17.0%
TXN Texas Instruments Inc. 0.30% 1,525 $274K No change
META Meta Platforms Inc. Class A 0.29% 469 $270K Add +19.0%
PG The Procter & Gamble Co. 0.29% 1,562 $266K Add +3.4%
OKE Oneok Inc. 0.28% 2,600 $258K Add +4.0%
SYY Sysco Corp. 0.27% 3,375 $250K No change
MA Mastercard Inc. Class A 0.27% 451 $247K Add +0.2%
ADM Archer-Daniels-Midland Co. 0.25% 4,835 $232K No change
PRU Prudential Financial Inc. 0.25% 2,041 $228K Add +0.1%
GIS General Mills Inc. 0.25% 3,800 $227K No change
AB Alliancebernstein Holding LP 0.24% 5,800 $222K No change
GE General Electric filed as GE AEROSPACE 0.23% 1,075 $215K Add +0.2%
PFE Pfizer Inc. 0.23% 8,216 $208K Reduce -22.9%
VCIT Vanguard Int-Term Corporate 0.22% 2,512 $205K Add +0.5%
FHI Federated Hermes Inc. 0.21% 4,818 $196K No change
CSCO Cisco Systems Inc. 0.21% 3,114 $192K No change
ABBV Abbvie Inc. 0.21% 900 $189K No change
ETR Entergy Corp. 0.20% 2,200 $188K No change
DKS Dick's Sporting Goods Inc. 0.20% 900 $181K New
QCOM Qualcomm Inc. 0.19% 1,150 $177K Reduce -6.1%
PLTR Palantir Technologies Inc. Class A 0.19% 2,062 $174K Add +113.2%
DUK Duke Energy Corp. 0.19% 1,395 $170K No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.18% 2,000 $168K No change
PM Philip Morris International 0.18% 1,022 $162K No change
NLY Annaly Capital Management Inc. 0.17% 7,550 $153K Add +1577.8%
KMI Kinder Morgan Inc. 0.15% 4,759 $136K Add +2.2%
TRP TC Energy Corp. 0.15% 2,850 $135K No change
CRM Salesforce Inc. 0.14% 478 $128K Add +54.2%
ADSK Autodesk Inc. 0.13% 473 $124K No change
GLD SPDR Gold Shares 0.13% 425 $122K Add +6.3%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.13% 1,350 $116K No change
C Citigroup Inc. 0.12% 1,600 $114K No change
TMUS T-Mobile US Inc. 0.12% 403 $107K New
MRK Merck & Co. Inc. 0.12% 1,186 $106K No change
LNC Lincoln National Corp. 0.11% 2,800 $101K No change
CSX CSX Corp. 0.11% 3,400 $100K No change
SO The Southern Co. 0.11% 1,068 $98K No change
ES Eversource Energy 0.10% 1,506 $94K No change
NEE Nextera Energy Inc. 0.10% 1,264 $90K No change
NTR Nutrien Ltd. 0.10% 1,800 $89K New
BABA Alibaba Group Holding-SP ADR 0.09% 650 $86K No change
PEG Public Service Enterprise GP 0.09% 1,000 $82K No change
BMY Bristol-Myers Squibb Co. 0.09% 1,345 $82K Add +34.5%
PEP Pepsico Inc. 0.09% 546 $82K Add +0.2%
GEV GE Vernova Inc. 0.09% 268 $82K No change
SPGI S&P Global Inc. 0.09% 156 $79K No change
XEL Xcel Energy Inc. 0.09% 1,110 $79K No change
VOO Vanguard S&P 500 ETF 0.08% 141 $72K No change
RTX RTX Corp. 0.07% 500 $66K Add +0.6%
MCO Moody's Corp. 0.07% 142 $66K Add +0.7%
WFC Wells Fargo & Co. 0.07% 887 $64K Add +15.8%

Show all 430 holdings

Other holdings (5): bonds, preferreds, convertibles and warrants · $31K (not counted above)
SecurityClassShares / PrincipalValueChange
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF 350$29KNew
CMPOW Composecure Inc. -CW25 *W EXP 12/27/202 400$2KNew
ZIM INTEGRATED SHIPPING SERV CALL · principal 24$345New
CURIW Curiositystream -CW25 *W EXP 10/14/202 200$5New
TIDAL TRUST II YIELDMAX NVDA · principal 12$4New

Total filed on the 13F, all lines: $91.9M.

Portfolio Sells Q4 2024 → Q1 2025
CME Cme Group Inc. Sold out 0.00% −3.96
ADBE Adobe Inc. Reduce -99.2% 0.01% −0.99
QQQ Invesco QQQ Trust Series 1 Reduce -2.1% 8.37% −0.87
RL Ralph Lauren Corp. Sold out 0.00% −0.77
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.2% 8.48% −0.61
AMT American Tower Corp. Sold out 0.00% −0.24
RH RH Reduce -1.9% 0.32% −0.22
PBR Petroleo Brasileiro-Spon ADR Sold out 0.00% −0.18
K Kellanova Sold out 0.00% −0.12
PFE Pfizer Inc. Reduce -22.9% 0.23% −0.08
DIA SS SPDR Dow Jones Indus Avg Reduce -81.7% 0.01% −0.07
IGSB iShares 1-5Y Inv Grade Corp. Reduce -10.0% 0.51% −0.04
PYPL PayPal Holdings Inc. Reduce -30.4% 0.03% −0.03
MET Metlife Inc. Reduce -1.9% 0.87% −0.03
BMO Bank of Montreal Reduce -50.0% 0.02% −0.02
NFLX Netflix Inc. Reduce -28.7% 0.06% −0.02
DKNG Draftkings Inc. Class A Sold out 0.00% −0.02
LOW Lowe's Cos Inc. Reduce -25.2% 0.05% −0.02
DIS The Walt Disney Co. Reduce -28.6% 0.03% −0.02
TROW T Rowe Price Group Inc. Sold out 0.00% −0.01
AAP Advance Auto Parts Inc. Reduce -11.3% 0.03% −0.01
QCOM Qualcomm Inc. Reduce -6.1% 0.19% −0.01
NKE Nike Inc. Class B Sold out 0.00% −0.01
COIN Coinbase Global Inc. Class A Reduce -40.0% 0.01% −0.01
XYZ Block Inc. Reduce -28.3% 0.01% −0.01
TFC Truist Financial Corp. Sold out 0.00% −0.00
VUG Vanguard Mrngstar GR ETF-Sui Reduce -7.7% 0.00% −0.00
SBUX Starbucks Corp. Reduce -7.6% 0.33% +0.00
AFL Aflac Inc. Reduce -7.4% 0.61% +0.00
KO The Coca-Cola Co. Reduce -6.7% 0.37% +0.03
STWD Starwood Property Trust Inc. Reduce -1.6% 0.96% +0.03
V Visa Inc. Class A Reduce -2.8% 0.46% +0.04
JNJ Johnson & Johnson Reduce -9.3% 0.88% +0.04
MCD McDonald's Corp. Reduce -3.2% 1.04% +0.05
ED Consolidated Edison Inc. Reduce -2.0% 0.58% +0.11
JPM JPMorgan Chase & Co. Reduce -0.5% 4.46% +0.12
CVS CVS Health Corp. Reduce -3.0% 0.41% +0.13

Portfolio Buys Q4 2024 → Q1 2025
TLT iShares 20+ Year Treasury BD New 2.59% +2.59
BITO Proshares Bitcoin ETF-Usd Add +252.5% 1.14% +0.74
BRK.B Berkshire Hathaway Inc. Class B Add +1.2% 4.00% +0.66
O Realty Income Corp. Add +945.5% 0.73% +0.66
NVDA Nvidia Corp. Add +1711.0% 0.60% +0.56
MO Altria Group Inc. Add +2950.0% 0.40% +0.39
LLY Eli Lilly & Co. New 0.39% +0.39
DKS Dick's Sporting Goods Inc. New 0.20% +0.20
T AT&T Inc. Add +0.0% 0.91% +0.18
TBIL F/M US Treasury 3 Month Bill Add +1.7% 5.73% +0.16
NLY Annaly Capital Management Inc. Add +1577.8% 0.17% +0.16
VZ Verizon Communications Inc. Add +0.6% 0.93% +0.12
TMUS T-Mobile US Inc. New 0.12% +0.12
PLTR Palantir Technologies Inc. Class A Add +113.2% 0.19% +0.11
CVX Chevron Corp. Add +5.8% 0.52% +0.10
NTR Nutrien Ltd. New 0.10% +0.10
COST Costco Wholesale Corp. Add +3.1% 1.38% +0.09
NOW ServiceNow Inc. New 0.07% +0.07
AXON Axon Enterprise Inc. New 0.06% +0.06
AVUV Avantis US Small Cap Value New 0.06% +0.06
JEPI JPMorgan Equity Premium Inco New 0.05% +0.05
VTI VG Morningstar TS MKT ETF-US New 0.05% +0.05
XOM Exxon Mobil Corp. Add +0.6% 0.42% +0.05
META Meta Platforms Inc. Class A Add +19.0% 0.29% +0.05
SPYI Neos S&P 500 High Income ETF New 0.04% +0.04
BE Bloom Energy Corp. Class A New 0.04% +0.04
GE General Electric Add +0.2% 0.23% +0.04
MOAT Vaneck Morningstar Wide Moat New 0.04% +0.04
BX Blackstone Inc. New 0.04% +0.04
AVGO Broadcom Inc. New 0.04% +0.04
ET Energy Transfer LP New 0.04% +0.04
ABT Abbott Laboratories New 0.04% +0.04
TSM Taiwan Semiconductor-SP ADR New 0.04% +0.04
GS Goldman Sachs Group Inc. Add +17.0% 0.31% +0.03
MRVL Marvell Technology Inc. New 0.03% +0.03
BIIB Biogen Inc. New 0.03% +0.03
UBER Uber Technologies Inc. New 0.03% +0.03
GLD SPDR Gold Shares Add +6.3% 0.13% +0.03
BMY Bristol-Myers Squibb Co. Add +34.5% 0.09% +0.03
CAVA Cava Group Inc. New 0.03% +0.03
CRWD CrowdStrike Holdings Inc. Class A New 0.03% +0.03
CRM Salesforce Inc. Add +54.2% 0.14% +0.03
DOW Dow Inc. New 0.03% +0.03
HELO JPMorgan Hedged Equity ETF New 0.03% +0.03
RDDT Reddit Inc. Class A New 0.03% +0.03
NVDY Yieldmax Nvda Option Inc. ETF New 0.02% +0.02
BITB Bitwise Bitcoin ETF New 0.02% +0.02
AMD Advanced Micro Devices New 0.02% +0.02
EXE Expand Energy Corp. New 0.02% +0.02
GOOGL Alphabet Inc. Class A New 0.02% +0.02

Options Activity Q4 2024 → Q1 2025
PROSHARES TR call Sold out 734 $318Kbefore exit
PHILIP MORRIS INTL INC call Sold out 33 $249Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF New 350 $29K
CMPOW Composecure Inc. -CW25 *W EXP 12/27/202 New 400 $2K
ZIM INTEGRATED SHIPPING SERV CALL · principal New 24 $345
CURIW Curiositystream -CW25 *W EXP 10/14/202 New 200 $5
TIDAL TRUST II YIELDMAX NVDA · principal New 12 $4

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 409$115.2MQQQ, SPY, TLT, AAPL, AZO
Q1 2026 421$102.5MQQQ, SPY, AAPL, AZO, TLT
Q4 2025 405$98.0MQQQ, SPY, AAPL, AZO, TBIL
Q3 2025 427$117.1MQQQ, SPY, AZO, AAPL, UNH
Q2 2025 431$106.1MQQQ, SPY, AZO, AAPL, TBIL
Q1 2025 430$91.9MSPY, QQQ, AZO, AAPL, TBIL
Q4 2024 231$92.7MQQQ, SPY, AAPL, AZO, TBIL