Vision Financial Markets LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), Vision Financial Markets LLC reported 405 stock positions worth $98.0 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 10.4% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 9.8%) and Apple (AAPL, 8.5%). Compared with Q3 2025, it opened 6 new positions, sold out of 29, added to 77 and reduced 51. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +1%) and the biggest sale an exit from Unitedhealth (UNH).
- Most Recent 13F
- Q2 2026
- Location
- STAMFORD, CT
- CIK
- 0001378145
- Portfolio Value
- $98.0M (Q4 2025)
- SEC Filing
- 0001378145-26-000004 ↗ filed Jan 22, 2026
Holdings Value
Holdings 405 stocks · $98.0M
| QQQ Invesco QQQ Trust Series 1 | 10.35% | 16,506 | $10.1M | Add +1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 9.81% | 14,089 | $9.6M | Add +0.9% |
| AAPL Apple Inc. | 8.54% | 30,760 | $8.4M | Reduce -2.2% |
| AZO AutoZone Inc. | 6.56% | 1,896 | $6.4M | Reduce -2.2% |
| TBIL F/M US Treasury 3 Month Bill | 6.12% | 120,088 | $6.0M | Add +2.9% |
| JPM JPMorgan Chase & Co. | 5.46% | 16,593 | $5.3M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 4.60% | 19,536 | $4.5M | No change |
| AN Autonation Inc. | 3.11% | 14,750 | $3.0M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.06% | 5,970 | $3.0M | No change |
| WSM Williams-Sonoma Inc. | 2.48% | 13,600 | $2.4M | No change |
| HD Home Depot Inc. | 2.14% | 6,093 | $2.1M | Reduce -6.1% |
| TSLA Tesla Inc. | 2.13% | 4,637 | $2.1M | No change |
| MSFT Microsoft Corp. | 1.50% | 3,043 | $1.5M | Add +2.0% |
| BLK BlackRock Inc. | 1.43% | 1,310 | $1.4M | Reduce -6.4% |
| WM Waste Management Inc. | 1.30% | 5,804 | $1.3M | Reduce -6.3% |
| GOOG Alphabet Inc. Class C | 1.23% | 3,855 | $1.2M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 1.18% | 1,340 | $1.2M | No change |
| JNJ Johnson & Johnson | 0.98% | 4,626 | $957K | Reduce -2.1% |
| NVDA Nvidia Corp. | 0.96% | 5,059 | $943K | Add +9.0% |
| MCD McDonald's Corp. | 0.91% | 2,904 | $888K | Reduce -3.3% |
| SHAK Shake Shack Inc. Class A | 0.84% | 10,150 | $824K | Reduce -1.0% |
| MET Metlife Inc. | 0.79% | 9,788 | $773K | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.78% | 18,800 | $766K | Add +0.0% |
| STWD Starwood Property Trust Inc. | 0.77% | 41,700 | $751K | No change |
| LMT Lockheed Martin Corp. | 0.75% | 1,521 | $736K | Reduce -3.2% |
| T AT&T Inc. | 0.75% | 29,419 | $731K | Reduce -0.7% |
| ADBE Adobe Inc. | 0.72% | 2,029 | $710K | Reduce -4.7% |
| WMT Walmart Inc. | 0.70% | 6,168 | $687K | Reduce -0.3% |
| WMB Williams Cos Inc. | 0.53% | 8,600 | $517K | No change |
| AGG iShares Core U.S. Aggregate | 0.51% | 5,000 | $499K | No change |
| AFL Aflac Inc. | 0.51% | 4,500 | $496K | Reduce -5.3% |
| ED Consolidated Edison Inc. | 0.49% | 4,828 | $480K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.49% | 9,000 | $476K | No change |
| LLY Eli Lilly & Co. | 0.47% | 430 | $462K | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.45% | 4,000 | $441K | Reduce -20.0% |
| CVX Chevron Corp. | 0.44% | 2,848 | $434K | Add +0.1% |
| GS Goldman Sachs Group Inc. | 0.44% | 493 | $433K | No change |
| BND Vanguard Total Bond Market | 0.44% | 5,796 | $429K | No change |
| CVS CVS Health Corp. | 0.42% | 5,176 | $411K | Add +0.0% |
| XOM Exxon Mobil Corp. | 0.40% | 3,277 | $394K | Add +0.0% |
| V Visa Inc. Class A | 0.37% | 1,036 | $363K | Reduce -12.7% |
| PLTR Palantir Technologies Inc. Class A | 0.34% | 1,882 | $335K | No change |
| GE General Electric filed as GE AEROSPACE | 0.34% | 1,076 | $331K | No change |
| KO The Coca-Cola Co. | 0.32% | 4,550 | $318K | Reduce -2.8% |
| META Meta Platforms Inc. Class A | 0.30% | 445 | $293K | Add +6.0% |
| MA Mastercard Inc. Class A | 0.26% | 452 | $257K | No change |
| ADM Archer-Daniels-Midland Co. | 0.26% | 4,435 | $255K | No change |
| FHI Federated Hermes Inc. | 0.26% | 4,818 | $251K | No change |
| SYY Sysco Corp. | 0.25% | 3,375 | $249K | No change |
| UPS United Parcel Service Class B | 0.25% | 2,479 | $246K | Reduce -7.4% |
| DEO Diageo PLC-Sponsored ADR | 0.25% | 2,821 | $243K | Add +0.1% |
| SBUX Starbucks Corp. | 0.25% | 2,878 | $242K | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.24% | 2,000 | $232K | No change |
| PRU Prudential Financial Inc. | 0.24% | 2,041 | $230K | No change |
| AB Alliancebernstein Holding LP | 0.22% | 5,700 | $219K | Reduce -1.7% |
| TXN Texas Instruments Inc. | 0.22% | 1,250 | $217K | Reduce -5.7% |
| VCIT Vanguard Int-Term Corporate | 0.21% | 2,501 | $209K | No change |
| ABBV Abbvie Inc. | 0.21% | 900 | $206K | No change |
| RH RH | 0.21% | 1,140 | $204K | No change |
| C Citigroup Inc. | 0.21% | 1,750 | $204K | Add +9.4% |
| ETR Entergy Corp. | 0.21% | 2,200 | $203K | No change |
| KHC The Kraft Heinz Co. | 0.21% | 8,350 | $202K | Reduce -10.7% |
| GIS General Mills Inc. | 0.20% | 4,300 | $200K | No change |
| CSCO Cisco Systems Inc. | 0.20% | 2,554 | $197K | No change |
| PG The Procter & Gamble Co. | 0.20% | 1,367 | $196K | Reduce -2.0% |
| OKE Oneok Inc. | 0.20% | 2,605 | $191K | Add +0.1% |
| PFE Pfizer Inc. | 0.18% | 7,238 | $180K | Reduce -6.4% |
| GEV GE Vernova Inc. | 0.18% | 268 | $175K | No change |
| MU Micron Technology Inc. | 0.18% | 605 | $172K | Add +332.1% |
| QCOM Qualcomm Inc. | 0.17% | 1,000 | $171K | Reduce -4.8% |
| GLD SPDR Gold Shares | 0.17% | 430 | $170K | Add +1.2% |
| PM Philip Morris International | 0.17% | 1,022 | $164K | No change |
| DUK Duke Energy Corp. | 0.17% | 1,395 | $164K | No change |
| TRP TC Energy Corp. | 0.16% | 2,850 | $157K | No change |
| ADSK Autodesk Inc. | 0.14% | 473 | $140K | No change |
| CRM Salesforce Inc. | 0.14% | 514 | $136K | Add +7.3% |
| SLV iShares Silver Trust | 0.13% | 2,037 | $131K | Add +1.9% |
| KMI Kinder Morgan Inc. | 0.13% | 4,763 | $131K | Add +0.0% |
| MRK Merck & Co. Inc. | 0.13% | 1,186 | $125K | No change |
| LNC Lincoln National Corp. | 0.13% | 2,800 | $125K | No change |
| CSX CSX Corp. | 0.13% | 3,400 | $123K | No change |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.11% | 1,350 | $112K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.11% | 311 | $104K | Add +94.4% |
| NEE Nextera Energy Inc. | 0.10% | 1,264 | $101K | No change |
| ES Eversource Energy | 0.10% | 1,506 | $101K | No change |
| BABA Alibaba Group Holding-SP ADR | 0.10% | 650 | $95K | No change |
| SO The Southern Co. | 0.10% | 1,068 | $93K | No change |
| RTX RTX Corp. | 0.09% | 501 | $92K | No change |
| VOO Vanguard S&P 500 ETF | 0.09% | 141 | $88K | No change |
| WFC Wells Fargo & Co. | 0.08% | 889 | $83K | Add +0.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.08% | 173 | $83K | Add +226.4% |
| XEL Xcel Energy Inc. | 0.08% | 1,110 | $82K | No change |
| SPGI S&P Global Inc. | 0.08% | 156 | $82K | No change |
| PEG Public Service Enterprise GP | 0.08% | 1,000 | $80K | No change |
| PEP Pepsico Inc. | 0.08% | 548 | $79K | No change |
| MCO Moody's Corp. | 0.07% | 143 | $73K | No change |
| FDX FedEx Corp. | 0.07% | 250 | $72K | No change |
| LDOS Leidos Holdings Inc. | 0.07% | 394 | $71K | No change |
| AVGO Broadcom Inc. | 0.07% | 201 | $70K | No change |
| O Realty Income Corp. | 0.07% | 1,204 | $68K | Reduce -94.8% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $29K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 366 | $29K | Add +0.3% |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 3 | $3 | No change |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 3 | $2 | New |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 3 | $2 | New |
Total filed on the 13F, all lines: $98.0M.
Portfolio Sells Q3 2025 → Q4 2025
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −5.28 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −2.37 |
| O Realty Income Corp. | Reduce -94.8% | 0.07% | −1.13 |
| STX Seagate Technology Holdings | Reduce -99.4% | 0.01% | −1.06 |
| BITX 2X Bitcoin ETF | Sold out | 0.00% | −1.05 |
| TGT Target Corp. | Sold out | 0.00% | −0.96 |
| AGNC AGNC Investment Corp. | Sold out | 0.00% | −0.84 |
| AZO AutoZone Inc. | Reduce -2.2% | 6.56% | −0.54 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.46 |
| BITO Proshares Bitcoin ETF-Usd | Reduce -98.7% | 0.00% | −0.43 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.41 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.14 |
| HD Home Depot Inc. | Reduce -6.1% | 2.14% | −0.11 |
| NFG National Fuel Gas Co. | Sold out | 0.00% | −0.09 |
| SRE Sempra | Sold out | 0.00% | −0.08 |
| USB US Bancorp | Reduce -84.3% | 0.02% | −0.07 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.07 |
| RITM Rithm Capital Corp. | Reduce -98.5% | 0.00% | −0.07 |
| NLY Annaly Capital Management Inc. | Reduce -88.0% | 0.01% | −0.05 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.05 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.05 |
| DE Deere & Co. | Sold out | 0.00% | −0.04 |
| LADR Ladder Capital Corp.-REIT | Sold out | 0.00% | −0.03 |
| REXR Rexford Industrial Realty Inc. | Sold out | 0.00% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -20.0% | 0.45% | −0.03 |
| NUE Nucor Corp. | Reduce -73.8% | 0.01% | −0.02 |
| FMC FMC Corp. | Sold out | 0.00% | −0.01 |
| YRD Yiren Digital Ltd. - SPS ADR | Sold out | 0.00% | −0.01 |
| CVGW Calavo Growers Inc. | Sold out | 0.00% | −0.01 |
| IEP Icahn Enterprises LP | Sold out | 0.00% | −0.01 |
| CFG Citizens Financial Group | Reduce -60.0% | 0.01% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.01 |
| MFA Mfa Financial Inc. | Sold out | 0.00% | −0.01 |
| MSTY Yieldmax MSTR Option Is ETF | Reduce -10.4% | 0.01% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -98.0% | 0.00% | −0.01 |
| VTR Ventas Inc. | Sold out | 0.00% | −0.01 |
| EETH Proshares Ether ETF-Usd Inc. | Sold out | 0.00% | −0.01 |
| EAT Brinker International Inc. | Sold out | 0.00% | −0.01 |
| IONQ Ionq Inc. | Reduce -96.0% | 0.00% | −0.01 |
| TQQQ Proshares Ultrapro QQQ | Sold out | 0.00% | −0.00 |
| AMD Advanced Micro Devices | Reduce -40.5% | 0.05% | −0.00 |
| CTRE Caretrust REIT Inc. | Sold out | 0.00% | −0.00 |
| CMG Chipotle Mexican Grill Inc. | Reduce -30.9% | 0.01% | −0.00 |
| FINV Finvolution Group-ADR | Reduce -38.9% | 0.00% | −0.00 |
| CARR Carrier Global Corp. | Reduce -30.7% | 0.01% | −0.00 |
| HQY Healthequity Inc. | Reduce -30.3% | 0.01% | −0.00 |
| SNREY Sunrise Communicat Class A | Sold out | 0.00% | −0.00 |
| KHC The Kraft Heinz Co. | Reduce -10.7% | 0.21% | −0.00 |
| JCI Johnson Controls Internation | Reduce -24.2% | 0.02% | −0.00 |
| AOUT American Outdoor Brands Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | Add +1.1% | 10.35% | +1.98 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.9% | 9.81% | +1.86 |
| TBIL F/M US Treasury 3 Month Bill | Add +2.9% | 6.12% | +1.13 |
| NVDA Nvidia Corp. | Add +9.0% | 0.96% | +0.22 |
| MSFT Microsoft Corp. | Add +2.0% | 1.50% | +0.18 |
| MU Micron Technology Inc. | Add +332.1% | 0.18% | +0.16 |
| XOM Exxon Mobil Corp. | Add +0.0% | 0.40% | +0.09 |
| CVS CVS Health Corp. | Add +0.0% | 0.42% | +0.09 |
| VZ Verizon Communications Inc. | Add +0.0% | 0.78% | +0.08 |
| C Citigroup Inc. | Add +9.4% | 0.21% | +0.07 |
| CVX Chevron Corp. | Add +0.1% | 0.44% | +0.07 |
| DIA SS SPDR Dow Jones Indus Avg | Add +226.4% | 0.08% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | Add +94.4% | 0.11% | +0.06 |
| SLV iShares Silver Trust | Add +1.9% | 0.13% | +0.06 |
| GLD SPDR Gold Shares | Add +1.2% | 0.17% | +0.04 |
| CRM Salesforce Inc. | Add +7.3% | 0.14% | +0.04 |
| META Meta Platforms Inc. Class A | Add +6.0% | 0.30% | +0.04 |
| OBIL F/M US Treasury 12 Month Bil | New | 0.04% | +0.04 |
| OKE Oneok Inc. | Add +0.1% | 0.20% | +0.03 |
| GILD Gilead Sciences Inc. | Add +123.1% | 0.04% | +0.02 |
| WFC Wells Fargo & Co. | Add +0.1% | 0.08% | +0.02 |
| CLX Clorox Company | Add +166.7% | 0.03% | +0.02 |
| OBDC Blue Owl Capital Corp. | New | 0.02% | +0.02 |
| DEO Diageo PLC-Sponsored ADR | Add +0.1% | 0.25% | +0.02 |
| KMI Kinder Morgan Inc. | Add +0.0% | 0.13% | +0.02 |
| UBER Uber Technologies Inc. | Add +54.0% | 0.05% | +0.02 |
| CHAT Roundhill Gen AI & Tech ETF | New | 0.02% | +0.02 |
| AVUV Avantis US Small Cap Value | Add +0.3% | 0.06% | +0.01 |
| TOST Toast Inc. Class A | Add +1240.0% | 0.01% | +0.01 |
| APLD Applied Digital Corp. | New | 0.01% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +44.8% | 0.05% | +0.01 |
| SPYI Neos S&P 500 High Income ETF | Add +3.1% | 0.05% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +1.9% | 0.05% | +0.01 |
| SCI Service Corp. International | Add +0.5% | 0.05% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +116.7% | 0.01% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +0.4% | 0.02% | +0.01 |
| CELH Celsius Holdings Inc. | New | 0.00% | +0.00 |
| ET Energy Transfer LP | Add +2.0% | 0.03% | +0.00 |
| OHI Omega Healthcare Investors | Add +1.5% | 0.02% | +0.00 |
| WELL Welltower Inc. | Add +0.9% | 0.02% | +0.00 |
| NEWT Newtekone Inc. | Add +1.1% | 0.02% | +0.00 |
| ABT Abbott Laboratories | Add +0.4% | 0.03% | +0.00 |
| EXE Expand Energy Corp. | Add +0.7% | 0.02% | +0.00 |
| BX Blackstone Inc. | Add +0.8% | 0.04% | +0.00 |
| MCHP Microchip Technology Inc. | Add +0.3% | 0.02% | +0.00 |
| NRG NRG Energy Inc. | Add +0.8% | 0.02% | +0.00 |
| ALEX Alexander & Baldwin Inc. | Add +0.2% | 0.01% | +0.00 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Add +3.8% | 0.01% | +0.00 |
| AA Alcoa Corp. | Add +1.0% | 0.01% | +0.00 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +2.1% | 0.01% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +0.3% | 366 | $29K |
| CMPOW Composecure Inc. -CW25 | *W EXP 12/27/202 | Sold out | 400 | $5Kbefore exit |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 3 | $2 |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 3 | $2 |
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 |