Vista Investment Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Vista Investment Management reported 168 stock positions worth $269.5 million. Its top holding was Vanguard S/T Corp. Bond ETF (VCSH) at 3.4% of the portfolio, followed by Vanguard Info Tech ETF (VGT, 3.0%) and Janus Henderson Aaa Clo ETF (JAAA, 3.0%). Compared with Q1 2025, it opened 2 new positions, sold out of 6, added to 56 and reduced 84. The biggest buy was Capital One Financial (COF, shares +72%) and the biggest sale an exit from Discover Financial Services (DFS).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001740140
- Portfolio Value
- $269.5M (Q2 2025)
- SEC Filing
- 0001740140-25-000005 ↗ filed Aug 14, 2025
Holdings Value
Holdings 168 stocks · $269.5M
| VCSH Vanguard S/T Corp. Bond ETF | 3.35% | 113,616 | $9.0M | Reduce -2.2% |
| VGT Vanguard Info Tech ETF | 3.04% | 12,333 | $8.2M | Reduce -0.3% |
| JAAA Janus Henderson Aaa Clo ETF | 3.03% | 161,139 | $8.2M | Add +3.3% |
| BSCS Invesco Bulletshares 2028 CB | 2.92% | 383,854 | $7.9M | Reduce -4.8% |
| SPIB SS SPDR P Int C Corp. ETF | 2.84% | 227,640 | $7.6M | Add +1.9% |
| BSCU Invesco Bulletshares 2030 CB | 2.73% | 438,658 | $7.4M | Add +0.3% |
| FLTR Vaneck Ig Floating Rate ETF | 2.42% | 255,518 | $6.5M | Add +8.0% |
| JPM JPMorgan Chase & Co. | 2.29% | 21,269 | $6.2M | Reduce -0.6% |
| QUAL iShares MSCI USA Quality Fac | 2.22% | 32,792 | $6.0M | Add +0.9% |
| QUS SS SPDR MSCI U Stratfact ETF | 2.20% | 36,305 | $5.9M | Add +0.2% |
| EPS Wisdomtree US Large Cap Fund | 1.97% | 82,899 | $5.3M | Add +0.9% |
| FPEI First Trust Institutional PR | 1.87% | 265,973 | $5.1M | Add +3.6% |
| IJR iShares Core S&P Small-Cap E | 1.73% | 42,735 | $4.7M | Add +0.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.65% | 48,411 | $4.4M | Reduce -1.5% |
| VOX Vanguard Communication Servi | 1.64% | 25,903 | $4.4M | Reduce -0.0% |
| RSPT Invesco S&P 500 Equal Weight | 1.57% | 103,728 | $4.2M | Add +1.6% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.54% | 76,085 | $4.1M | Add +2.6% |
| COF Capital One Financial Corp. | 1.51% | 19,180 | $4.1M | Add +71.7% |
| SPEM State Street SP PTF Em ETF | 1.40% | 88,020 | $3.8M | Reduce -2.5% |
| BSCR Invesco Bulletshares 2027 CB | 1.26% | 173,429 | $3.4M | Reduce -3.8% |
| RUSHB Rush Enterprises Inc. Class B | 1.20% | 61,788 | $3.2M | Reduce -2.0% |
| SPSB SS SPDR P St C Corp. ETF | 1.20% | 106,877 | $3.2M | Reduce -0.2% |
| PNC PNC Financial Services Group | 1.10% | 15,965 | $3.0M | Reduce -1.9% |
| COHR Coherent Corp. | 1.08% | 32,603 | $2.9M | Add +5.6% |
| VRIG Invesco Variable Rate Invest | 1.05% | 112,872 | $2.8M | Add +6.6% |
| WCC Wesco International Inc. | 1.03% | 14,996 | $2.8M | Add +1.3% |
| VWO Vanguard Ftse Emerging Marke | 1.01% | 55,175 | $2.7M | Reduce -7.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 1.01% | 21,960 | $2.7M | Add +1.4% |
| FBIZ First Business Financial Ser | 1.00% | 53,451 | $2.7M | Reduce -0.5% |
| IJH iShares Core S&P Midcap ETF | 0.99% | 43,155 | $2.7M | Add +0.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.96% | 64,205 | $2.6M | Add +4.1% |
| LOW Lowe's Cos Inc. | 0.95% | 11,516 | $2.6M | Reduce -2.3% |
| IPKW Invesco International Buybac | 0.94% | 52,155 | $2.5M | Add +12.3% |
| EWX State Street SPDR S&P Emergi | 0.92% | 40,103 | $2.5M | Add +9.4% |
| ICSH iShares Ultra Short Duration | 0.90% | 47,603 | $2.4M | Add +4.7% |
| AAPL Apple Inc. | 0.81% | 10,591 | $2.2M | Reduce -3.1% |
| RTX RTX Corp. | 0.79% | 14,559 | $2.1M | Reduce -2.5% |
| TEL Te Connectivity PLC | 0.79% | 12,593 | $2.1M | Reduce -0.9% |
| GOOGL Alphabet Inc. Class A | 0.76% | 11,631 | $2.0M | Add +0.5% |
| WFC Wells Fargo & Co. | 0.71% | 23,998 | $1.9M | Reduce -1.1% |
| DGS Wisdomtree Em Small Cap | 0.71% | 34,724 | $1.9M | Reduce -8.0% |
| TMO Thermo Fisher Scientific Inc. | 0.71% | 4,725 | $1.9M | Reduce -1.0% |
| MSFT Microsoft Corp. | 0.71% | 3,831 | $1.9M | Reduce -7.0% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.70% | 37,493 | $1.9M | Reduce -2.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.69% | 25,734 | $1.9M | Reduce -0.5% |
| STZ Constellation Brands Inc. Class A | 0.68% | 11,276 | $1.8M | Reduce -1.7% |
| ELV Elevance Health Inc. | 0.67% | 4,673 | $1.8M | Add +0.6% |
| CSCO Cisco Systems Inc. | 0.65% | 25,363 | $1.8M | Reduce -4.0% |
| RSPD Invesco S&P 500 Equal Weight | 0.63% | 31,698 | $1.7M | Reduce -0.3% |
| LVS Las Vegas Sands Corp. | 0.62% | 38,527 | $1.7M | Reduce -8.5% |
| XLK SS Technology Select Sector | 0.62% | 6,614 | $1.7M | Reduce -0.1% |
| UNH Unitedhealth Group Inc. | 0.60% | 5,224 | $1.6M | Add +28.8% |
| MCHP Microchip Technology Inc. | 0.58% | 22,365 | $1.6M | Reduce -13.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.58% | 5,544 | $1.6M | Reduce -0.3% |
| BSCW Invesco Bulletshares 2032 CB | 0.57% | 74,827 | $1.5M | Add +37.1% |
| PEP Pepsico Inc. | 0.57% | 11,537 | $1.5M | Reduce -0.8% |
| VEA Vanguard Ftse Developed ETF | 0.55% | 25,979 | $1.5M | Reduce -3.8% |
| INGR Ingredion Inc. | 0.54% | 10,789 | $1.5M | Add +0.8% |
| ANSS Ansys Inc. | 0.54% | 4,157 | $1.5M | Reduce -2.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.54% | 4,758 | $1.4M | Reduce -0.4% |
| EOG EOG Resources Inc. | 0.54% | 12,084 | $1.4M | Reduce -3.7% |
| VAW Vanguard Materials ETF | 0.53% | 7,388 | $1.4M | Reduce -3.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.53% | 6,298 | $1.4M | Add +21.7% |
| AZN Astrazeneca PLC-Spons ADR | 0.52% | 20,006 | $1.4M | Add +5.6% |
| JPST JPMorgan Ultra-Short Income | 0.48% | 25,733 | $1.3M | Add +4.0% |
| BFH Bread Financial Holdings Inc. | 0.47% | 22,215 | $1.3M | Add +1.7% |
| IVV iShares Core S&P 500 ETF | 0.46% | 2,008 | $1.2M | Reduce -0.4% |
| RMD Resmed Inc. | 0.46% | 4,776 | $1.2M | Reduce -3.6% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.43% | 18,037 | $1.2M | Add +0.5% |
| PFE Pfizer Inc. | 0.42% | 46,517 | $1.1M | No change |
| GS Goldman Sachs Group Inc. | 0.42% | 1,587 | $1.1M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.41% | 1,783 | $1.1M | Reduce -0.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.41% | 4,622 | $1.1M | Reduce -0.8% |
| ISCF iShares International Small | 0.40% | 27,550 | $1.1M | Add +1.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.39% | 15,292 | $1.1M | Reduce -4.8% |
| LH Labcorp Holdings Inc. | 0.38% | 3,868 | $1.0M | Reduce -0.4% |
| CVX Chevron Corp. | 0.36% | 6,855 | $982K | Reduce -4.6% |
| AMGN Amgen Inc. | 0.36% | 3,512 | $981K | Reduce -0.2% |
| VHT Vanguard Health Care ETF | 0.36% | 3,947 | $980K | Add +83.9% |
| ABT Abbott Laboratories | 0.36% | 7,112 | $967K | Reduce -4.7% |
| VCR Vanguard Consumer Discre ETF | 0.36% | 2,661 | $964K | Reduce -0.0% |
| CSX CSX Corp. | 0.35% | 29,315 | $957K | No change |
| ABR Arbor Realty Trust Inc. | 0.35% | 88,476 | $947K | Add +9.7% |
| VYM Vanguard High DVD Yield ETF | 0.35% | 7,076 | $943K | Add +4.0% |
| JMUB JPMorgan Municipal ETF | 0.35% | 18,805 | $933K | Add +11.1% |
| AMZN Amazon.com Inc. | 0.35% | 4,254 | $933K | Add +54.9% |
| JLL Jones Lang Lasalle Inc. | 0.34% | 3,606 | $922K | No change |
| FIS Fidelity National Info Serv | 0.34% | 11,202 | $912K | Reduce -4.7% |
| TXN Texas Instruments Inc. | 0.33% | 4,225 | $877K | Add +0.5% |
| IEMG iShares Core MSCI Emerging | 0.32% | 14,426 | $866K | Add +8.7% |
| WPC WP Carey Inc. | 0.32% | 13,703 | $855K | Reduce -0.6% |
| MDY State Street SPDR S&P Midcap | 0.31% | 1,492 | $845K | Reduce -0.7% |
| XLY SS Consumer Disc Select Sect | 0.31% | 3,869 | $841K | No change |
| D Dominion Energy Inc. | 0.31% | 14,806 | $837K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 1,720 | $836K | Reduce -5.1% |
| XLB SS Materials Select Sector | 0.31% | 9,391 | $825K | Add +1.4% |
| SUB iShares Short-Term National | 0.30% | 7,588 | $807K | No change |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.30% | 15,708 | $800K | Add +18.9% |
| NFLX Netflix Inc. | 0.29% | 577 | $773K | Reduce -3.5% |
| COP Conocophillips | 0.28% | 8,281 | $743K | Reduce -1.0% |
Options reported separately and not counted above: TSM calls ($91K), NVO calls ($69K).
Portfolio Sells Q1 2025 → Q2 2025
| DFS Discover Financial Services | Sold out | 0.00% | −0.63 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -4.8% | 2.92% | −0.29 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -2.2% | 3.35% | −0.23 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.0% | 0.71% | −0.22 |
| RUSHB Rush Enterprises Inc. Class B | Reduce -2.0% | 1.20% | −0.19 |
| MRK Merck & Co. Inc. | Reduce -40.4% | 0.18% | −0.18 |
| AAPL Apple Inc. | Reduce -3.1% | 0.81% | −0.14 |
| STZ Constellation Brands Inc. Class A | Reduce -1.7% | 0.68% | −0.14 |
| LOW Lowe's Cos Inc. | Reduce -2.3% | 0.95% | −0.13 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.12 |
| PEP Pepsico Inc. | Reduce -0.8% | 0.57% | −0.12 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -3.8% | 1.26% | −0.12 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -1.5% | 1.65% | −0.12 |
| CVX Chevron Corp. | Reduce -4.6% | 0.36% | −0.11 |
| EOG EOG Resources Inc. | Reduce -3.7% | 0.54% | −0.09 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.09 |
| XPH SS SPDR S&P Pharma ETF | Sold out | 0.00% | −0.08 |
| TJX TJX Companies Inc. | Reduce -47.5% | 0.09% | −0.08 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.08 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.08 |
| FISV Fiserv Inc. | Reduce -3.5% | 0.18% | −0.07 |
| COP Conocophillips | Reduce -1.0% | 0.28% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.1% | 0.31% | −0.07 |
| AMGN Amgen Inc. | Reduce -0.2% | 0.36% | −0.07 |
| XBI SS SPDR S&P Biotech ETF | Reduce -20.9% | 0.21% | −0.06 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -0.2% | 1.20% | −0.06 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -26.8% | 0.18% | −0.06 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Reduce -2.0% | 0.70% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -2.4% | 0.27% | −0.05 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -4.8% | 0.39% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -7.2% | 1.01% | −0.04 |
| COLB Columbia Banking System Inc. | Reduce -2.5% | 0.21% | −0.03 |
| VAW Vanguard Materials ETF | Reduce -3.6% | 0.53% | −0.03 |
| RSP Invesco S&P 500 Equal Weight | Reduce -9.4% | 0.27% | −0.03 |
| ABT Abbott Laboratories | Reduce -4.7% | 0.36% | −0.03 |
| WPC WP Carey Inc. | Reduce -0.6% | 0.32% | −0.02 |
| FCN Fti Consulting Inc. | Reduce -5.9% | 0.17% | −0.02 |
| CRM Salesforce Inc. | Reduce -6.2% | 0.21% | −0.02 |
| JNJ Johnson & Johnson | Reduce -8.6% | 0.09% | −0.02 |
| VTR Ventas Inc. | Reduce -0.6% | 0.12% | −0.02 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -5.8% | 0.13% | −0.02 |
| KBH KB Home | Reduce -3.0% | 0.10% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -1.6% | 0.15% | −0.02 |
| PNC PNC Financial Services Group | Reduce -1.9% | 1.10% | −0.01 |
| LVS Las Vegas Sands Corp. | Reduce -8.5% | 0.62% | −0.01 |
| TOWN Towne Bank | Reduce -0.2% | 0.24% | −0.01 |
| RSPS Invesco S&P 500 Equal Weight | Reduce -0.2% | 0.14% | −0.01 |
| ADBE Adobe Inc. | Reduce -5.0% | 0.12% | −0.01 |
| ARCC Ares Capital Corp. | Reduce -3.5% | 0.09% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -1.2% | 0.10% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| COF Capital One Financial Corp. | Add +71.7% | 1.51% | +0.73 |
| COHR Coherent Corp. | Add +5.6% | 1.08% | +0.29 |
| RSPT Invesco S&P 500 Equal Weight | Add +1.6% | 1.57% | +0.20 |
| TSM Taiwan Semiconductor-SP ADR | Add +21.7% | 0.53% | +0.19 |
| DIS The Walt Disney Co. | Add +1.4% | 1.01% | +0.17 |
| AMZN Amazon.com Inc. | Add +54.9% | 0.35% | +0.14 |
| VHT Vanguard Health Care ETF | Add +83.9% | 0.36% | +0.14 |
| BSCW Invesco Bulletshares 2032 CB | Add +37.1% | 0.57% | +0.14 |
| WCC Wesco International Inc. | Add +1.3% | 1.03% | +0.13 |
| IPKW Invesco International Buybac | Add +12.3% | 0.94% | +0.11 |
| EWX State Street SPDR S&P Emergi | Add +9.4% | 0.92% | +0.11 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +4.1% | 0.96% | +0.09 |
| LLY Eli Lilly & Co. | New | 0.07% | +0.07 |
| EPS Wisdomtree US Large Cap Fund | Add +0.9% | 1.97% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +0.5% | 0.76% | +0.06 |
| FLTR Vaneck Ig Floating Rate ETF | Add +8.0% | 2.42% | +0.05 |
| QUAL iShares MSCI USA Quality Fac | Add +0.9% | 2.22% | +0.05 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +2.6% | 1.54% | +0.05 |
| NWBI Northwest Bancshares Inc. | New | 0.05% | +0.05 |
| BFH Bread Financial Holdings Inc. | Add +1.7% | 0.47% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +8.7% | 0.32% | +0.04 |
| ISCF iShares International Small | Add +1.9% | 0.40% | +0.04 |
| FCOM Fidelity MSCI Comm Serv Indx | Add +0.5% | 0.43% | +0.04 |
| BSCT Invesco Bulletshares 2029 CB | Add +28.1% | 0.19% | +0.04 |
| JMST JPM Ultra-Short Muni Income | Add +18.9% | 0.30% | +0.03 |
| TXN Texas Instruments Inc. | Add +0.5% | 0.33% | +0.03 |
| GLW Corning Inc. | Add +10.4% | 0.17% | +0.03 |
| GE General Electric | Add +1.3% | 0.13% | +0.03 |
| JMUB JPMorgan Municipal ETF | Add +11.1% | 0.35% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +0.7% | 0.99% | +0.01 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +14.7% | 0.17% | +0.01 |
| SCZ iShares MSCI Eafe Small-Cap | Add +0.1% | 0.14% | +0.01 |
| VRIG Invesco Variable Rate Invest | Add +6.6% | 1.05% | +0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +6.6% | 0.16% | +0.01 |
| XLC SS Comm Select Sector SPDR | Add +1.4% | 0.10% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +4.0% | 0.35% | +0.01 |
| ORRF Orrstown Finl Services Inc. | Add +5.6% | 0.10% | +0.01 |
| AUB Atlantic Union Bankshares Co. | Add +8.7% | 0.12% | +0.00 |
| FPE FT-Preferred Secur & Inc. ETF | Add +2.9% | 0.10% | −0.00 |
| SVOL Simplify Volatility Premium | Add +2.5% | 0.09% | −0.00 |
| FPEI First Trust Institutional PR | Add +3.6% | 1.87% | −0.00 |
| XLB SS Materials Select Sector | Add +1.4% | 0.31% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Add +0.5% | 1.73% | −0.01 |
| ICSH iShares Ultra Short Duration | Add +4.7% | 0.90% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Add +4.0% | 0.48% | −0.01 |
| PG The Procter & Gamble Co. | Add +6.7% | 0.20% | −0.01 |
| VDE Vanguard Energy ETF | Add +7.0% | 0.22% | −0.02 |
| GLPI Gaming and Leisure Propertie | Add +2.1% | 0.14% | −0.02 |
| ABR Arbor Realty Trust Inc. | Add +9.7% | 0.35% | −0.02 |
| GPN Global Payments Inc. | Add +10.4% | 0.13% | −0.02 |
Options Activity Q1 2025 → Q2 2025
| TSM Taiwan Semiconductor-SP ADR | call | New | 400 | $91K |
| NVO Novo-Nordisk A/S-Spons ADR | call | New | 1,000 | $69K |
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 | 174 | $331.2M | VGT, VCSH, JAAA, SPIB, FLTR |
| Q1 2026 | 173 | $298.4M | VCSH, JAAA, VGT, FLTR, SPIB |
| Q4 2025 | 176 | $302.8M | VCSH, VGT, JAAA, SPIB, FLTR |
| Q3 2025 | 170 | $286.4M | VGT, VCSH, JAAA, BSCS, SPIB |
| Q2 2025 | 168 | $269.5M | VCSH, VGT, JAAA, BSCS, SPIB |
| Q1 2025 | 172 | $255.7M | VCSH, BSCS, JAAA, SPIB, BSCU |
| Q4 2024 | 177 | $263.5M | VCSH, BSCS, VGT, JAAA, SPIB |
| Q3 2024 | 173 | $265.3M | VCSH, BSCS, VGT, JAAA, SPIB |
| Q2 2024 | 172 | $246.9M | VCSH, BSCS, VGT, JAAA, SPIB |
| Q1 2024 | 180 | $245.6M | VCSH, SPSB, BSCS, VGT, SPIB |