Vision Financial Markets LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Vision Financial Markets LLC reported 427 stock positions worth $117.1 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 8.4% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 7.9%) and AutoZone (AZO, 7.1%). Compared with Q2 2025, it opened 23 new positions, sold out of 27, added to 95 and reduced 42. The biggest buy was Unitedhealth (UNH, shares +214%) and the biggest sale an exit from HDFC Bank Ltd.-ADR (HDB).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001378145
- Portfolio Value
- $117.1M (Q3 2025)
- SEC Filing
- 0001378145-25-000018 ↗ filed Nov 6, 2025
Holdings Value
Holdings 427 stocks · $117.1M
| QQQ Invesco QQQ Trust Series 1 | 8.38% | 16,335 | $9.8M | Add +0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 7.95% | 13,967 | $9.3M | Add +0.1% |
| AZO AutoZone Inc. | 7.10% | 1,938 | $8.3M | No change |
| AAPL Apple Inc. | 6.84% | 31,460 | $8.0M | Reduce -1.1% |
| UNH Unitedhealth Group Inc. | 5.28% | 17,900 | $6.2M | Add +214.0% |
| TBIL F/M US Treasury 3 Month Bill | 4.98% | 116,688 | $5.8M | Add +6.8% |
| JPM JPMorgan Chase & Co. | 4.50% | 16,701 | $5.3M | Add +0.0% |
| AMZN Amazon.com Inc. | 3.66% | 19,536 | $4.3M | Add +0.3% |
| AN Autonation Inc. | 2.77% | 14,850 | $3.2M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 2.56% | 5,970 | $3.0M | No change |
| TLT iShares 20+ Year Treasury BD | 2.37% | 31,100 | $2.8M | Add +120.6% |
| WSM Williams-Sonoma Inc. | 2.27% | 13,600 | $2.7M | Reduce -1.4% |
| HD Home Depot Inc. | 2.25% | 6,491 | $2.6M | Reduce -1.4% |
| TSLA Tesla Inc. | 1.76% | 4,637 | $2.1M | No change |
| BLK BlackRock Inc. | 1.39% | 1,400 | $1.6M | No change |
| MSFT Microsoft Corp. | 1.32% | 2,983 | $1.5M | Add +0.2% |
| O Realty Income Corp. | 1.20% | 23,102 | $1.4M | Add +1823.6% |
| WM Waste Management Inc. | 1.17% | 6,194 | $1.4M | Reduce -3.1% |
| STX Seagate Technology Holdings | 1.07% | 5,300 | $1.3M | Add +341.7% |
| COST Costco Wholesale Corp. | 1.06% | 1,340 | $1.2M | No change |
| BITX 2X Bitcoin ETF | 1.05% | 22,400 | $1.2M | Add +101.8% |
| TGT Target Corp. | 0.96% | 12,500 | $1.1M | New |
| AGNC AGNC Investment Corp. | 0.84% | 100,600 | $985K | Add +251.8% |
| SHAK Shake Shack Inc. Class A | 0.82% | 10,250 | $960K | Reduce -4.2% |
| GOOG Alphabet Inc. Class C | 0.82% | 3,930 | $957K | Reduce -8.2% |
| MCD McDonald's Corp. | 0.78% | 3,004 | $913K | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.75% | 4,726 | $876K | Reduce -2.1% |
| NVDA Nvidia Corp. | 0.74% | 4,640 | $866K | Add +1.2% |
| T AT&T Inc. | 0.71% | 29,617 | $836K | Add +0.0% |
| VZ Verizon Communications Inc. | 0.71% | 18,796 | $826K | Add +0.0% |
| MET Metlife Inc. | 0.70% | 9,887 | $814K | Reduce -0.5% |
| STWD Starwood Property Trust Inc. | 0.69% | 41,700 | $808K | No change |
| LMT Lockheed Martin Corp. | 0.67% | 1,571 | $784K | Reduce -1.9% |
| ADBE Adobe Inc. | 0.64% | 2,129 | $751K | Add +7.6% |
| WMT Walmart Inc. | 0.54% | 6,188 | $638K | Reduce -5.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.48% | 5,000 | $557K | Add +25.0% |
| WMB Williams Cos Inc. | 0.47% | 8,600 | $545K | No change |
| LULU Lululemon Athletica Inc. | 0.46% | 3,000 | $534K | New |
| AFL Aflac Inc. | 0.45% | 4,750 | $531K | Reduce -5.0% |
| BITO Proshares Bitcoin ETF-Usd | 0.43% | 25,774 | $507K | Reduce -71.1% |
| AGG iShares Core U.S. Aggregate | 0.43% | 5,000 | $501K | No change |
| ED Consolidated Edison Inc. | 0.41% | 4,828 | $485K | No change |
| TTE Totalenergies SE -Spon ADR | 0.41% | 8,000 | $478K | New |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.41% | 9,000 | $477K | No change |
| CVX Chevron Corp. | 0.38% | 2,846 | $442K | Add +0.1% |
| BND Vanguard Total Bond Market | 0.37% | 5,796 | $431K | No change |
| V Visa Inc. Class A | 0.35% | 1,186 | $405K | No change |
| GS Goldman Sachs Group Inc. | 0.33% | 493 | $392K | Reduce -4.6% |
| CVS CVS Health Corp. | 0.33% | 5,175 | $390K | Reduce -7.2% |
| XOM Exxon Mobil Corp. | 0.32% | 3,276 | $369K | Add +0.0% |
| PLTR Palantir Technologies Inc. Class A | 0.29% | 1,882 | $343K | Reduce -8.7% |
| LLY Eli Lilly & Co. | 0.28% | 430 | $328K | No change |
| GE General Electric filed as GE AEROSPACE | 0.28% | 1,076 | $323K | No change |
| KO The Coca-Cola Co. | 0.27% | 4,682 | $311K | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.26% | 420 | $308K | Reduce -10.6% |
| SYY Sysco Corp. | 0.24% | 3,375 | $278K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.23% | 2,817 | $269K | No change |
| ADM Archer-Daniels-Midland Co. | 0.23% | 4,435 | $265K | Reduce -8.3% |
| MA Mastercard Inc. Class A | 0.22% | 452 | $257K | No change |
| FHI Federated Hermes Inc. | 0.21% | 4,818 | $250K | No change |
| SBUX Starbucks Corp. | 0.21% | 2,878 | $243K | No change |
| KHC The Kraft Heinz Co. | 0.21% | 9,350 | $243K | Reduce -5.1% |
| TXN Texas Instruments Inc. | 0.21% | 1,325 | $243K | Reduce -13.1% |
| RH RH | 0.20% | 1,140 | $232K | Reduce -9.5% |
| UPS United Parcel Service Class B | 0.19% | 2,678 | $224K | Reduce -12.9% |
| AB Alliancebernstein Holding LP | 0.19% | 5,800 | $222K | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.19% | 2,000 | $218K | No change |
| GIS General Mills Inc. | 0.19% | 4,300 | $217K | Add +13.2% |
| PG The Procter & Gamble Co. | 0.18% | 1,395 | $214K | Add +0.1% |
| PRU Prudential Financial Inc. | 0.18% | 2,041 | $212K | No change |
| VCIT Vanguard Int-Term Corporate | 0.18% | 2,501 | $210K | No change |
| ABBV Abbvie Inc. | 0.18% | 900 | $208K | No change |
| ETR Entergy Corp. | 0.18% | 2,200 | $205K | No change |
| PFE Pfizer Inc. | 0.17% | 7,731 | $197K | Reduce -6.0% |
| OKE Oneok Inc. | 0.16% | 2,603 | $190K | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.15% | 2,554 | $175K | Reduce -13.5% |
| QCOM Qualcomm Inc. | 0.15% | 1,050 | $175K | Reduce -8.7% |
| DUK Duke Energy Corp. | 0.15% | 1,395 | $173K | No change |
| CMCSA Comcast Corp. Class A | 0.14% | 5,400 | $170K | New |
| PM Philip Morris International | 0.14% | 1,022 | $166K | Reduce -73.9% |
| GEV GE Vernova Inc. | 0.14% | 268 | $165K | No change |
| C Citigroup Inc. | 0.14% | 1,600 | $162K | No change |
| TRP TC Energy Corp. | 0.13% | 2,850 | $155K | No change |
| GLD SPDR Gold Shares | 0.13% | 425 | $151K | No change |
| ADSK Autodesk Inc. | 0.13% | 473 | $150K | No change |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.12% | 1,350 | $138K | No change |
| KMI Kinder Morgan Inc. | 0.12% | 4,762 | $135K | Add +0.0% |
| CSX CSX Corp. | 0.10% | 3,400 | $121K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.10% | 650 | $116K | No change |
| CRM Salesforce Inc. | 0.10% | 479 | $113K | Add +0.2% |
| LNC Lincoln National Corp. | 0.10% | 2,800 | $113K | No change |
| NFG National Fuel Gas Co. | 0.09% | 1,200 | $111K | Reduce -45.5% |
| ES Eversource Energy | 0.09% | 1,506 | $107K | No change |
| USB US Bancorp | 0.09% | 2,130 | $103K | Add +551.4% |
| SO The Southern Co. | 0.09% | 1,068 | $101K | No change |
| MRK Merck & Co. Inc. | 0.09% | 1,186 | $100K | No change |
| SRE Sempra | 0.08% | 1,100 | $99K | Add +10.0% |
| NEE Nextera Energy Inc. | 0.08% | 1,264 | $95K | No change |
| XEL Xcel Energy Inc. | 0.08% | 1,110 | $90K | No change |
| VOO Vanguard S&P 500 ETF | 0.07% | 141 | $86K | No change |
Other holdings (2): bonds, preferreds, convertibles and warrants · $39K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 365 | $33K | Add +2.2% |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | 400 | $5K | No change |
Total filed on the 13F, all lines: $117.1M.
Portfolio Sells Q2 2025 → Q3 2025
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −4.11 |
| BITO Proshares Bitcoin ETF-Usd | Reduce -71.1% | 0.43% | −1.37 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −1.20 |
| SHAK Shake Shack Inc. Class A | Reduce -4.2% | 0.82% | −0.60 |
| PM Philip Morris International | Reduce -73.9% | 0.14% | −0.53 |
| BTI British American Tob-SP ADR | Reduce -96.1% | 0.02% | −0.44 |
| WM Waste Management Inc. | Reduce -3.1% | 1.17% | −0.21 |
| CIM Chimera Investment Corp. | Sold out | 0.00% | −0.13 |
| BXP BXP Inc. | Sold out | 0.00% | −0.11 |
| UPS United Parcel Service Class B | Reduce -12.9% | 0.19% | −0.10 |
| NTR Nutrien Ltd. | Sold out | 0.00% | −0.09 |
| TXN Texas Instruments Inc. | Reduce -13.1% | 0.21% | −0.09 |
| NFG National Fuel Gas Co. | Reduce -45.5% | 0.09% | −0.08 |
| MDT Medtronic PLC | Reduce -87.9% | 0.01% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -10.6% | 0.26% | −0.06 |
| MCD McDonald's Corp. | Reduce -1.6% | 0.78% | −0.06 |
| MET Metlife Inc. | Reduce -0.5% | 0.70% | −0.06 |
| WMT Walmart Inc. | Reduce -5.0% | 0.54% | −0.06 |
| KO The Coca-Cola Co. | Reduce -2.6% | 0.27% | −0.06 |
| AFL Aflac Inc. | Reduce -5.0% | 0.45% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -13.5% | 0.15% | −0.04 |
| WPC WP Carey Inc. | Reduce -33.3% | 0.07% | −0.04 |
| KHC The Kraft Heinz Co. | Reduce -5.1% | 0.21% | −0.03 |
| CVS CVS Health Corp. | Reduce -7.2% | 0.33% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -1.9% | 0.67% | −0.03 |
| HD Home Depot Inc. | Reduce -1.4% | 2.25% | −0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -30.0% | 0.05% | −0.03 |
| RH RH | Reduce -9.5% | 0.20% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -8.7% | 0.15% | −0.02 |
| PFE Pfizer Inc. | Reduce -6.0% | 0.17% | −0.02 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.02 |
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −0.01 |
| ADM Archer-Daniels-Midland Co. | Reduce -8.3% | 0.23% | −0.01 |
| NLY Annaly Capital Management Inc. | Reduce -13.8% | 0.06% | −0.01 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −0.01 |
| GS Goldman Sachs Group Inc. | Reduce -4.6% | 0.33% | −0.01 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.01 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.01 |
| HSY The Hershey Co. | Reduce -37.5% | 0.02% | −0.01 |
| BE Bloom Energy Corp. Class A | Reduce -80.0% | 0.01% | −0.01 |
| WES Western Midstream Partners L | Sold out | 0.00% | −0.01 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.01 |
| ASTS Ast Spacemobile Inc. | Sold out | 0.00% | −0.00 |
| PAYC Paycom Software Inc. | Sold out | 0.00% | −0.00 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.00 |
| AAP Advance Auto Parts Inc. | Reduce -25.5% | 0.03% | −0.00 |
| GLW Corning Inc. | Reduce -49.0% | 0.01% | −0.00 |
| AI C3.AI Inc. Class A | Sold out | 0.00% | −0.00 |
| CARS Cars.com Inc. | Reduce -80.0% | 0.00% | −0.00 |
| ABR Arbor Realty Trust Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| UNH Unitedhealth Group Inc. | Add +214.0% | 5.28% | +3.60 |
| TLT iShares 20+ Year Treasury BD | Add +120.6% | 2.37% | +1.20 |
| O Realty Income Corp. | Add +1823.6% | 1.20% | +1.13 |
| TGT Target Corp. | New | 0.96% | +0.96 |
| STX Seagate Technology Holdings | Add +341.7% | 1.07% | +0.91 |
| AGNC AGNC Investment Corp. | Add +251.8% | 0.84% | +0.59 |
| BITX 2X Bitcoin ETF | Add +101.8% | 1.05% | +0.49 |
| LULU Lululemon Athletica Inc. | New | 0.46% | +0.46 |
| TTE Totalenergies SE -Spon ADR | New | 0.41% | +0.41 |
| CMCSA Comcast Corp. Class A | New | 0.14% | +0.14 |
| USB US Bancorp | Add +551.4% | 0.09% | +0.07 |
| RITM Rithm Capital Corp. | Add +6701.0% | 0.07% | +0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +25.0% | 0.48% | +0.06 |
| NVDA Nvidia Corp. | Add +1.2% | 0.74% | +0.06 |
| ARE Alexandria Real Estate Equit | Add +600.0% | 0.05% | +0.04 |
| DE Deere & Co. | New | 0.04% | +0.04 |
| LADR Ladder Capital Corp.-REIT | New | 0.03% | +0.03 |
| REXR Rexford Industrial Realty Inc. | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | Add +72.0% | 0.05% | +0.02 |
| NUE Nucor Corp. | Add +281.7% | 0.03% | +0.02 |
| MU Micron Technology Inc. | Add +566.7% | 0.02% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | Add +100.0% | 0.02% | +0.02 |
| FMC FMC Corp. | New | 0.01% | +0.01 |
| LAC Lithium Americas Corp. | New | 0.01% | +0.01 |
| YRD Yiren Digital Ltd. - SPS ADR | New | 0.01% | +0.01 |
| CVGW Calavo Growers Inc. | New | 0.01% | +0.01 |
| SRE Sempra | Add +10.0% | 0.08% | +0.01 |
| BCS Barclays PLC-Spons ADR | New | 0.01% | +0.01 |
| IEP Icahn Enterprises LP | New | 0.01% | +0.01 |
| CBOE Cboe Global Markets Inc. | New | 0.01% | +0.01 |
| NUTX Nutex Health Inc. | New | 0.01% | +0.01 |
| MFA Mfa Financial Inc. | New | 0.01% | +0.01 |
| ALEX Alexander & Baldwin Inc. | Add +952.0% | 0.01% | +0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Add +60.6% | 0.02% | +0.01 |
| SOFI Sofi Technologies Inc. | Add +166.7% | 0.01% | +0.01 |
| VTR Ventas Inc. | New | 0.01% | +0.01 |
| EETH Proshares Ether ETF-Usd Inc. | New | 0.01% | +0.01 |
| FINV Finvolution Group-ADR | New | 0.01% | +0.01 |
| EAT Brinker International Inc. | New | 0.01% | +0.01 |
| SCHD Schwab US DVD Equity ETF | New | 0.00% | +0.00 |
| CTRE Caretrust REIT Inc. | New | 0.00% | +0.00 |
| RTX RTX Corp. | Add +0.2% | 0.07% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +1.7% | 0.02% | +0.00 |
| BX Blackstone Inc. | Add +0.8% | 0.04% | +0.00 |
| TPR Tapestry Inc. | Add +1.0% | 0.01% | +0.00 |
| OHI Omega Healthcare Investors | Add +1.5% | 0.02% | +0.00 |
| SIL Global X Silver Miners ETF | Add +2.0% | 0.00% | +0.00 |
| TFPM Triple Flag Precious Met | New | 0.00% | +0.00 |
| CG The Carlyle Group Inc. | Add +1.0% | 0.01% | +0.00 |
| SHLD Global X Defense Tech ETF | Add +1.0% | 0.01% | +0.00 |
Notes & Other Activity Q2 2025 → Q3 2025
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +2.2% | 365 | $33K |
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 | 409 | $115.2M | QQQ, SPY, TLT, AAPL, AZO |
| Q1 2026 | 421 | $102.5M | QQQ, SPY, AAPL, AZO, TLT |
| Q4 2025 | 405 | $98.0M | QQQ, SPY, AAPL, AZO, TBIL |
| Q3 2025 | 427 | $117.1M | QQQ, SPY, AZO, AAPL, UNH |
| Q2 2025 | 431 | $106.1M | QQQ, SPY, AZO, AAPL, TBIL |
| Q1 2025 | 430 | $91.9M | SPY, QQQ, AZO, AAPL, TBIL |
| Q4 2024 | 231 | $92.7M | QQQ, SPY, AAPL, AZO, TBIL |