Vista Investment Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Vista Investment Management reported 170 stock positions worth $286.4 million. Its top holding was Vanguard Info Tech ETF (VGT) at 3.3% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 3.3%) and Janus Henderson Aaa Clo ETF (JAAA, 3.1%). Compared with Q2 2025, it opened 5 new positions, sold out of 3, added to 51 and reduced 85. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +26%) and the biggest sale an exit from Ansys (ANSS).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0001740140
- Portfolio Value
- $286.4M (Q3 2025)
- SEC Filing
- 0001740140-25-000007 ↗ filed Nov 7, 2025
Holdings Value
Holdings 170 stocks · $286.4M
| VGT Vanguard Info Tech ETF | 3.31% | 12,714 | $9.5M | Add +3.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.29% | 117,707 | $9.4M | Add +3.6% |
| JAAA Janus Henderson Aaa Clo ETF | 3.10% | 174,787 | $8.9M | Add +8.5% |
| BSCS Invesco Bulletshares 2028 CB | 2.75% | 383,381 | $7.9M | Reduce -0.1% |
| SPIB SS SPDR P Int C Corp. ETF | 2.69% | 226,973 | $7.7M | Reduce -0.3% |
| BSCU Invesco Bulletshares 2030 CB | 2.62% | 444,671 | $7.5M | Add +1.4% |
| FLTR Vaneck Ig Floating Rate ETF | 2.55% | 285,182 | $7.3M | Add +11.6% |
| JPM JPMorgan Chase & Co. | 2.27% | 20,623 | $6.5M | Reduce -3.0% |
| QUAL iShares MSCI USA Quality Fac | 2.19% | 32,280 | $6.3M | Reduce -1.6% |
| QUS SS SPDR MSCI U Stratfact ETF | 2.14% | 35,868 | $6.1M | Reduce -1.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.96% | 61,132 | $5.6M | Add +26.3% |
| EPS Wisdomtree US Large Cap Fund | 1.95% | 80,974 | $5.6M | Reduce -2.3% |
| FPEI First Trust Institutional PR | 1.81% | 268,006 | $5.2M | Add +0.8% |
| IJR iShares Core S&P Small-Cap E | 1.77% | 42,609 | $5.1M | Reduce -0.3% |
| RSPT Invesco S&P 500 Equal Weight | 1.71% | 109,544 | $4.9M | Add +5.6% |
| VOX Vanguard Communication Servi | 1.68% | 25,684 | $4.8M | Reduce -0.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.51% | 75,674 | $4.3M | Reduce -0.5% |
| SPEM State Street SP PTF Em ETF | 1.41% | 86,019 | $4.0M | Reduce -2.3% |
| COF Capital One Financial Corp. | 1.37% | 18,495 | $3.9M | Reduce -3.6% |
| RUSHB Rush Enterprises Inc. Class B | 1.22% | 60,657 | $3.5M | Reduce -1.8% |
| COHR Coherent Corp. | 1.21% | 32,296 | $3.5M | Reduce -0.9% |
| BSCR Invesco Bulletshares 2027 CB | 1.17% | 169,355 | $3.3M | Reduce -2.4% |
| SPSB SS SPDR P St C Corp. ETF | 1.15% | 108,703 | $3.3M | Add +1.7% |
| PNC PNC Financial Services Group | 1.11% | 15,840 | $3.2M | Reduce -0.8% |
| WCC Wesco International Inc. | 1.08% | 14,589 | $3.1M | Reduce -2.7% |
| VWO Vanguard Ftse Emerging Marke | 1.05% | 55,456 | $3.0M | Add +0.5% |
| VRIG Invesco Variable Rate Invest | 1.04% | 118,412 | $3.0M | Add +4.9% |
| LOW Lowe's Cos Inc. | 1.01% | 11,494 | $2.9M | Reduce -0.2% |
| IPKW Invesco International Buybac | 0.99% | 53,942 | $2.8M | Add +3.4% |
| GOOGL Alphabet Inc. Class A | 0.99% | 11,621 | $2.8M | Reduce -0.1% |
| IJH iShares Core S&P Midcap ETF | 0.98% | 43,031 | $2.8M | Reduce -0.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.97% | 64,759 | $2.8M | Add +0.9% |
| EWX State Street SPDR S&P Emergi | 0.95% | 40,451 | $2.7M | Add +0.9% |
| TEL Te Connectivity PLC | 0.94% | 12,238 | $2.7M | Reduce -2.8% |
| FBIZ First Business Financial Ser | 0.94% | 52,328 | $2.7M | Reduce -2.1% |
| AAPL Apple Inc. | 0.89% | 9,991 | $2.5M | Reduce -5.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.87% | 21,869 | $2.5M | Reduce -0.4% |
| ICSH iShares Ultra Short Duration | 0.85% | 47,899 | $2.4M | Add +0.6% |
| RTX RTX Corp. | 0.84% | 14,298 | $2.4M | Reduce -1.8% |
| TMO Thermo Fisher Scientific Inc. | 0.80% | 4,723 | $2.3M | Reduce -0.0% |
| LVS Las Vegas Sands Corp. | 0.72% | 38,101 | $2.0M | Reduce -1.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.70% | 25,524 | $2.0M | Reduce -0.8% |
| DGS Wisdomtree Em Small Cap | 0.69% | 34,808 | $2.0M | Add +0.2% |
| WFC Wells Fargo & Co. | 0.69% | 23,468 | $2.0M | Reduce -2.2% |
| MSFT Microsoft Corp. | 0.68% | 3,746 | $1.9M | Reduce -2.2% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.67% | 37,578 | $1.9M | Add +0.2% |
| XLK SS Technology Select Sector | 0.65% | 6,590 | $1.9M | Reduce -0.4% |
| RSPD Invesco S&P 500 Equal Weight | 0.64% | 31,802 | $1.8M | Add +0.3% |
| BSCW Invesco Bulletshares 2032 CB | 0.63% | 85,929 | $1.8M | Add +14.8% |
| ELV Elevance Health Inc. | 0.62% | 5,529 | $1.8M | Add +18.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.62% | 6,386 | $1.8M | Add +1.4% |
| UNH Unitedhealth Group Inc. | 0.59% | 4,885 | $1.7M | Reduce -6.5% |
| CSCO Cisco Systems Inc. | 0.58% | 24,195 | $1.7M | Reduce -4.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.57% | 5,551 | $1.6M | Add +0.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.57% | 21,155 | $1.6M | Add +5.7% |
| PEP Pepsico Inc. | 0.57% | 11,533 | $1.6M | Reduce -0.0% |
| VEA Vanguard Ftse Developed ETF | 0.56% | 26,747 | $1.6M | Add +3.0% |
| STZ Constellation Brands Inc. Class A | 0.54% | 11,500 | $1.5M | Add +2.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.54% | 4,708 | $1.5M | Reduce -1.1% |
| VAW Vanguard Materials ETF | 0.51% | 7,139 | $1.5M | Reduce -3.4% |
| MCHP Microchip Technology Inc. | 0.48% | 21,472 | $1.4M | Reduce -4.0% |
| JPST JPMorgan Ultra-Short Income | 0.48% | 27,138 | $1.4M | Add +5.5% |
| EOG EOG Resources Inc. | 0.47% | 12,086 | $1.4M | Add +0.0% |
| IVV iShares Core S&P 500 ETF | 0.47% | 2,004 | $1.3M | Reduce -0.2% |
| INGR Ingredion Inc. | 0.46% | 10,876 | $1.3M | Add +0.8% |
| RMD Resmed Inc. | 0.45% | 4,735 | $1.3M | Reduce -0.9% |
| FCOM Fidelity MSCI Comm Serv Indx | 0.45% | 17,991 | $1.3M | Reduce -0.3% |
| BFH Bread Financial Holdings Inc. | 0.44% | 22,617 | $1.3M | Add +1.8% |
| GS Goldman Sachs Group Inc. | 0.43% | 1,548 | $1.2M | Reduce -2.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.41% | 1,781 | $1.2M | Reduce -0.1% |
| PFE Pfizer Inc. | 0.41% | 46,517 | $1.2M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.41% | 21,047 | $1.2M | Add +37.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.41% | 4,583 | $1.2M | Reduce -0.8% |
| ISCF iShares International Small | 0.40% | 27,682 | $1.1M | Add +0.5% |
| JMUB JPMorgan Municipal ETF | 0.39% | 22,189 | $1.1M | Add +18.0% |
| VHT Vanguard Health Care ETF | 0.39% | 4,286 | $1.1M | Add +8.6% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.39% | 21,708 | $1.1M | Add +38.2% |
| VYM Vanguard High DVD Yield ETF | 0.38% | 7,660 | $1.1M | Add +8.3% |
| LH Labcorp Holdings Inc. | 0.38% | 3,746 | $1.1M | Reduce -3.1% |
| JLL Jones Lang Lasalle Inc. | 0.37% | 3,542 | $1.1M | Reduce -1.8% |
| VCR Vanguard Consumer Discre ETF | 0.36% | 2,629 | $1.0M | Reduce -1.2% |
| CSX CSX Corp. | 0.36% | 28,966 | $1.0M | Reduce -1.2% |
| ABR Arbor Realty Trust Inc. | 0.35% | 82,373 | $1.0M | Reduce -6.9% |
| AMGN Amgen Inc. | 0.35% | 3,518 | $993K | Add +0.2% |
| CVX Chevron Corp. | 0.35% | 6,376 | $990K | Reduce -7.0% |
| IEMG iShares Core MSCI Emerging | 0.33% | 14,384 | $948K | Reduce -0.3% |
| AMZN Amazon.com Inc. | 0.33% | 4,304 | $945K | Add +1.2% |
| XLY SS Consumer Disc Select Sect | 0.32% | 3,869 | $927K | No change |
| ABT Abbott Laboratories | 0.32% | 6,914 | $926K | Reduce -2.8% |
| WPC WP Carey Inc. | 0.32% | 13,701 | $926K | Reduce -0.0% |
| D Dominion Energy Inc. | 0.32% | 14,806 | $906K | No change |
| SHM SS SPDR N Ice St Muni ETF | 0.32% | 18,715 | $902K | Add +81.3% |
| MDY State Street SPDR S&P Midcap | 0.31% | 1,494 | $890K | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 1,705 | $857K | Reduce -0.9% |
| XLB SS Materials Select Sector | 0.29% | 9,269 | $831K | Reduce -1.3% |
| COP Conocophillips | 0.29% | 8,748 | $828K | Add +5.6% |
| SUB iShares Short-Term National | 0.28% | 7,588 | $810K | No change |
| GOOG Alphabet Inc. Class C | 0.28% | 3,247 | $791K | Reduce -7.5% |
| TXN Texas Instruments Inc. | 0.27% | 4,240 | $779K | Add +0.4% |
| HWM Howmet Aerospace Inc. | 0.27% | 3,905 | $766K | No change |
Options reported separately and not counted above: TSM calls ($112K), NVO calls ($89K).
Portfolio Sells Q2 2025 → Q3 2025
| ANSS Ansys Inc. | Sold out | 0.00% | −0.54 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -0.1% | 2.75% | −0.16 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -0.3% | 2.69% | −0.15 |
| COF Capital One Financial Corp. | Reduce -3.6% | 1.37% | −0.14 |
| DIS The Walt Disney Co. | Reduce -0.4% | 0.87% | −0.14 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.13 |
| MCHP Microchip Technology Inc. | Reduce -4.0% | 0.48% | −0.10 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -2.4% | 1.17% | −0.10 |
| FIS Fidelity National Info Serv | Reduce -4.0% | 0.25% | −0.09 |
| ORCL Oracle Corp. | Reduce -47.1% | 0.16% | −0.09 |
| SVOL Simplify Volatility Premium | Sold out | 0.00% | −0.09 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -45.9% | 0.08% | −0.08 |
| CSCO Cisco Systems Inc. | Reduce -4.6% | 0.58% | −0.07 |
| FBIZ First Business Financial Ser | Reduce -2.1% | 0.94% | −0.07 |
| CRM Salesforce Inc. | Reduce -8.7% | 0.16% | −0.05 |
| QUS SS SPDR MSCI U Stratfact ETF | Reduce -1.2% | 2.14% | −0.05 |
| ADBE Adobe Inc. | Reduce -25.1% | 0.08% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -22.1% | 0.14% | −0.04 |
| ABT Abbott Laboratories | Reduce -2.8% | 0.32% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -1.6% | 2.19% | −0.03 |
| MSFT Microsoft Corp. | Reduce -2.2% | 0.68% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -2.2% | 0.69% | −0.03 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -0.5% | 1.51% | −0.02 |
| VAW Vanguard Materials ETF | Reduce -3.4% | 0.51% | −0.02 |
| EPS Wisdomtree US Large Cap Fund | Reduce -2.3% | 1.95% | −0.02 |
| CVX Chevron Corp. | Reduce -7.0% | 0.35% | −0.02 |
| RSP Invesco S&P 500 Equal Weight | Reduce -4.9% | 0.25% | −0.02 |
| COLB Columbia Banking System Inc. | Reduce -10.9% | 0.20% | −0.02 |
| JPM JPMorgan Chase & Co. | Reduce -3.0% | 2.27% | −0.02 |
| XLB SS Materials Select Sector | Reduce -1.3% | 0.29% | −0.02 |
| ARCC Ares Capital Corp. | Reduce -4.7% | 0.08% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -6.5% | 0.59% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -1.0% | 0.14% | −0.02 |
| RSPS Invesco S&P 500 Equal Weight | Reduce -1.2% | 0.13% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.3% | 0.98% | −0.01 |
| TOWN Towne Bank | Reduce -0.3% | 0.23% | −0.01 |
| FCN Fti Consulting Inc. | Reduce -0.8% | 0.15% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 0.30% | −0.01 |
| FNB FNB Corp. | Reduce -10.7% | 0.11% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -4.4% | 0.09% | −0.01 |
| VFH Vanguard Financials ETF | Reduce -1.1% | 0.15% | −0.01 |
| NWBI Northwest Bancshares Inc. | Reduce -2.8% | 0.04% | −0.01 |
| RMD Resmed Inc. | Reduce -0.9% | 0.45% | −0.00 |
| XLF SS Financial Select Sector | Reduce -0.1% | 0.13% | −0.00 |
| AXP American Express Co. | Reduce -0.9% | 0.11% | −0.00 |
| VT Vanguard Tot World STK ETF | Reduce -2.0% | 0.23% | −0.00 |
| VDE Vanguard Energy ETF | Reduce -0.6% | 0.22% | −0.00 |
| HIG Hartford Insurance Group Inc. | Reduce -0.3% | 0.13% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.0% | 0.23% | −0.00 |
| ORRF Orrstown Finl Services Inc. | Reduce -1.8% | 0.10% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +26.3% | 1.96% | +0.31 |
| VGT Vanguard Info Tech ETF | Add +3.1% | 3.31% | +0.28 |
| RSPT Invesco S&P 500 Equal Weight | Add +5.6% | 1.71% | +0.14 |
| SHM SS SPDR N Ice St Muni ETF | Add +81.3% | 0.32% | +0.13 |
| FLTR Vaneck Ig Floating Rate ETF | Add +11.6% | 2.55% | +0.13 |
| CIVB Civista Bancshares Inc. | New | 0.12% | +0.12 |
| SNPS Synopsys Inc. | New | 0.11% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.4% | 0.62% | +0.09 |
| JMST JPM Ultra-Short Muni Income | Add +38.2% | 0.39% | +0.09 |
| HD Home Depot Inc. | New | 0.07% | +0.07 |
| GEV GE Vernova Inc. | New | 0.07% | +0.07 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.07% | +0.07 |
| JAAA Janus Henderson Aaa Clo ETF | Add +8.5% | 3.10% | +0.06 |
| BSCW Invesco Bulletshares 2032 CB | Add +14.8% | 0.63% | +0.05 |
| IPKW Invesco International Buybac | Add +3.4% | 0.99% | +0.05 |
| AZN Astrazeneca PLC-Spons ADR | Add +5.7% | 0.57% | +0.05 |
| JMUB JPMorgan Municipal ETF | Add +18.0% | 0.39% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +0.5% | 1.05% | +0.04 |
| EWX State Street SPDR S&P Emergi | Add +0.9% | 0.95% | +0.03 |
| VYM Vanguard High DVD Yield ETF | Add +8.3% | 0.38% | +0.03 |
| VHT Vanguard Health Care ETF | Add +8.6% | 0.39% | +0.02 |
| AUB Atlantic Union Bankshares Co. | Add +10.6% | 0.14% | +0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +37.6% | 0.41% | +0.02 |
| RSPD Invesco S&P 500 Equal Weight | Add +0.3% | 0.64% | +0.01 |
| FISV Fiserv Inc. | Add +53.6% | 0.19% | +0.01 |
| BSCT Invesco Bulletshares 2029 CB | Add +13.1% | 0.21% | +0.01 |
| COP Conocophillips | Add +5.6% | 0.29% | +0.01 |
| LLY Eli Lilly & Co. | Add +27.6% | 0.09% | +0.01 |
| ITB iShares U.S. Home Constructi | Add +5.4% | 0.09% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +3.0% | 0.56% | +0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +2.9% | 0.17% | +0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +0.9% | 0.97% | +0.00 |
| ISCF iShares International Small | Add +0.5% | 0.40% | +0.00 |
| SCZ iShares MSCI Eafe Small-Cap | Add +0.5% | 0.14% | −0.00 |
| MDY State Street SPDR S&P Midcap | Add +0.1% | 0.31% | −0.00 |
| JPST JPMorgan Ultra-Short Income | Add +5.5% | 0.48% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.1% | 0.57% | −0.01 |
| GLPI Gaming and Leisure Propertie | Add +1.3% | 0.14% | −0.01 |
| VRIG Invesco Variable Rate Invest | Add +4.9% | 1.04% | −0.01 |
| PG The Procter & Gamble Co. | Add +1.6% | 0.18% | −0.02 |
| AMZN Amazon.com Inc. | Add +1.2% | 0.33% | −0.02 |
| AMGN Amgen Inc. | Add +0.2% | 0.35% | −0.02 |
| DGS Wisdomtree Em Small Cap | Add +0.2% | 0.69% | −0.02 |
| BFH Bread Financial Holdings Inc. | Add +1.8% | 0.44% | −0.03 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +0.2% | 0.67% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Add +2.1% | 0.23% | −0.04 |
| ICSH iShares Ultra Short Duration | Add +0.6% | 0.85% | −0.05 |
| SPSB SS SPDR P St C Corp. ETF | Add +1.7% | 1.15% | −0.05 |
| ELV Elevance Health Inc. | Add +18.3% | 0.62% | −0.05 |
| TXN Texas Instruments Inc. | Add +0.4% | 0.27% | −0.05 |
Options Activity Q2 2025 → Q3 2025
| NVO Novo-Nordisk A/S-Spons ADR | call | Add +60.0% | 1,600 | $89K |
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 |