Vista Investment Management

Name: VISTA INVESTMENT MANAGEMENT 13F holdings, Q4 2025
Creator: VISTA INVESTMENT MANAGEMENT
Published: 2026-02-17

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Vista Investment Management reported 176 stock positions worth $302.8 million. Its top holding was Vanguard S/T Corp. Bond ETF (VCSH) at 3.3% of the portfolio, followed by Vanguard Info Tech ETF (VGT, 3.2%) and Janus Henderson Aaa Clo ETF (JAAA, 3.1%). Compared with Q3 2025, it opened 12 new positions, sold out of 6, added to 66 and reduced 70. The biggest buy was a new position in iShares 0-3 Month Treasury B (SGOV) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −31%).

Most Recent 13F: Q2 2026
Location: PITTSBURGH, PA
CIK: 0001740140
Portfolio Value: $302.8M (Q4 2025)
SEC Filing: 0001740140-26-000001 ↗ filed Feb 17, 2026

Holdings Value

Holdings 176 stocks · $302.8M


VCSH Vanguard S/T Corp. Bond ETF	3.33%	126,335	$10.1M	Add +7.3%
VGT Vanguard Info Tech ETF	3.15%	12,673	$9.6M	Reduce -0.3%
JAAA Janus Henderson Aaa Clo ETF	3.12%	186,603	$9.4M	Add +6.8%
SPIB SS SPDR P Int C Corp. ETF	2.78%	248,533	$8.4M	Add +9.5%
FLTR Vaneck Ig Floating Rate ETF	2.75%	327,107	$8.3M	Add +14.7%
BSCU Invesco Bulletshares 2030 CB	2.63%	470,422	$8.0M	Add +5.8%
BSCS Invesco Bulletshares 2028 CB	2.53%	371,955	$7.7M	Reduce -3.0%
QUAL iShares MSCI USA Quality Fac	2.25%	34,337	$6.8M	Add +6.4%
QUS SS SPDR MSCI U Stratfact ETF	2.20%	38,251	$6.7M	Add +6.6%
JPM JPMorgan Chase & Co.	2.13%	20,060	$6.5M	Reduce -2.7%
EPS Wisdomtree US Large Cap Fund	2.03%	86,706	$6.1M	Add +7.1%
COHR Coherent Corp.	1.81%	29,712	$5.5M	Reduce -8.0%
RSPT Invesco S&P 500 Equal Weight	1.78%	118,349	$5.4M	Add +8.0%
FPEI First Trust Institutional PR	1.76%	274,762	$5.3M	Add +2.5%
IJR iShares Core S&P Small-Cap E	1.71%	42,976	$5.2M	Add +0.9%
VOX Vanguard Communication Servi	1.62%	25,404	$4.9M	Reduce -1.1%
SPMD SS SPDR P S&P 400 Midcap ETF	1.56%	81,584	$4.7M	Add +7.8%
COF Capital One Financial Corp.	1.46%	18,202	$4.4M	Reduce -1.6%
SPEM State Street SP PTF Em ETF	1.42%	91,578	$4.3M	Add +6.5%
BIL SS SPDR BB 1-3M T-Bill ETF	1.26%	41,892	$3.8M	Reduce -31.5%
SPSB SS SPDR P St C Corp. ETF	1.19%	119,304	$3.6M	Add +9.8%
GOOGL Alphabet Inc. Class A	1.19%	11,475	$3.6M	Reduce -1.3%
WCC Wesco International Inc.	1.15%	14,225	$3.5M	Reduce -2.5%
IPKW Invesco International Buybac	1.11%	60,627	$3.4M	Add +12.4%
VRIG Invesco Variable Rate Invest	1.09%	131,235	$3.3M	Add +10.8%
PNC PNC Financial Services Group	1.07%	15,475	$3.2M	Reduce -2.3%
RUSHB Rush Enterprises Inc. Class B	1.06%	56,898	$3.2M	Reduce -6.2%
SPDW Ste STR SPDR PT DW Eu ETF	1.05%	71,619	$3.2M	Add +10.6%
BSCR Invesco Bulletshares 2027 CB	1.02%	156,423	$3.1M	Reduce -7.6%
VWO Vanguard Ftse Emerging Marke	1.00%	56,502	$3.0M	Add +1.9%
EWX State Street SPDR S&P Emergi	1.00%	45,944	$3.0M	Add +13.6%
FBIZ First Business Financial Ser	0.95%	52,737	$2.9M	Add +0.8%
IJH iShares Core S&P Midcap ETF	0.94%	43,240	$2.9M	Add +0.5%
LOW Lowe's Cos Inc.	0.93%	11,706	$2.8M	Add +1.8%
TEL Te Connectivity PLC	0.91%	12,118	$2.8M	Reduce -1.0%
TMO Thermo Fisher Scientific Inc.	0.89%	4,673	$2.7M	Reduce -1.1%
AAPL Apple Inc.	0.89%	9,863	$2.7M	Reduce -1.3%
ICSH iShares Ultra Short Duration	0.88%	52,547	$2.7M	Add +9.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.84%	22,296	$2.5M	Add +1.9%
RTX RTX Corp.	0.82%	13,551	$2.5M	Reduce -5.2%
LVS Las Vegas Sands Corp.	0.82%	38,045	$2.5M	Reduce -0.1%
BSCW Invesco Bulletshares 2032 CB	0.73%	105,641	$2.2M	Add +22.9%
SLQD iShares 0-5 YR Inv GRD Corp.	0.72%	42,973	$2.2M	Add +14.4%
WFC Wells Fargo & Co.	0.72%	23,295	$2.2M	Reduce -0.7%
DGS Wisdomtree Em Small Cap	0.68%	36,115	$2.1M	Add +3.8%
SPYM Ste STR SPDR PT S&P 500 ETF	0.67%	25,386	$2.0M	Reduce -0.5%
TSM Taiwan Semiconductor-SP ADR	0.67%	6,648	$2.0M	Add +4.1%
AZN Astrazeneca PLC-Spons ADR	0.64%	21,215	$2.0M	Add +0.3%
ELV Elevance Health Inc.	0.63%	5,469	$1.9M	Reduce -1.1%
XLK SS Technology Select Sector	0.62%	13,130	$1.9M	Reduce -0.4%
RSPD Invesco S&P 500 Equal Weight	0.61%	32,649	$1.9M	Add +2.7%
CSCO Cisco Systems Inc.	0.60%	23,565	$1.8M	Reduce -2.6%
MSFT Microsoft Corp.	0.60%	3,747	$1.8M	Add +0.0%
JPST JPMorgan Ultra-Short Income	0.57%	34,243	$1.7M	Add +26.2%
VEA Vanguard Ftse Developed ETF	0.57%	27,618	$1.7M	Add +3.3%
BFH Bread Financial Holdings Inc.	0.56%	22,858	$1.7M	Add +1.1%
SGOV iShares 0-3 Month Treasury B	0.55%	16,653	$1.7M	New
PEP Pepsico Inc.	0.55%	11,535	$1.7M	Add +0.0%
UNH Unitedhealth Group Inc.	0.54%	4,986	$1.6M	Add +2.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.53%	5,503	$1.6M	Reduce -0.9%
VTI VG Morningstar TS MKT ETF-US	0.52%	4,694	$1.6M	Reduce -0.3%
STZ Constellation Brands Inc. Class A	0.52%	11,382	$1.6M	Reduce -1.0%
VAW Vanguard Materials ETF	0.47%	6,889	$1.4M	Reduce -3.5%
FCOM Fidelity MSCI Comm Serv Indx	0.45%	18,691	$1.4M	Add +3.9%
IVV iShares Core S&P 500 ETF	0.45%	1,993	$1.4M	Reduce -0.6%
MCHP Microchip Technology Inc.	0.44%	20,987	$1.3M	Reduce -2.3%
VHT Vanguard Health Care ETF	0.44%	4,635	$1.3M	Add +8.1%
GS Goldman Sachs Group Inc.	0.44%	1,507	$1.3M	Reduce -2.6%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F	0.44%	25,923	$1.3M	Add +19.4%
INGR Ingredion Inc.	0.42%	11,652	$1.3M	Add +7.1%
EOG EOG Resources Inc.	0.41%	11,877	$1.2M	Reduce -1.7%
ISCF iShares International Small	0.40%	29,526	$1.2M	Add +6.7%
SPY SS SPDR S&P 500 ETF Trust-US	0.40%	1,777	$1.2M	Reduce -0.2%
JLL Jones Lang Lasalle Inc.	0.39%	3,536	$1.2M	Reduce -0.2%
VB Vanguard Most SM-Cap ETF-Usd	0.39%	4,545	$1.2M	Reduce -0.8%
IEMG iShares Core MSCI Emerging	0.38%	17,292	$1.2M	Add +20.2%
RMD Resmed Inc.	0.38%	4,731	$1.1M	Reduce -0.1%
AMGN Amgen Inc.	0.37%	3,454	$1.1M	Reduce -1.8%
JMUB JPMorgan Municipal ETF	0.37%	22,339	$1.1M	Add +0.7%
VYM Vanguard High DVD Yield ETF	0.37%	7,707	$1.1M	Add +0.6%
BSCT Invesco Bulletshares 2029 CB	0.35%	56,426	$1.1M	Add +77.6%
AMZN Amazon.com Inc.	0.34%	4,526	$1.0M	Add +5.2%
VCR Vanguard Consumer Discre ETF	0.34%	2,619	$1.0M	Reduce -0.4%
CSX CSX Corp.	0.34%	28,333	$1.0M	Reduce -2.2%
CVX Chevron Corp.	0.33%	6,468	$986K	Add +1.4%
GOOG Alphabet Inc. Class C	0.32%	3,091	$970K	Reduce -4.8%
XLY SS Consumer Disc Select Sect	0.30%	7,726	$923K	Reduce -0.2%
LH Labcorp Holdings Inc.	0.30%	3,647	$915K	Reduce -2.6%
NVO Novo-Nordisk A/S-Spons ADR	0.30%	17,766	$904K	Reduce -15.6%
MDY State Street SPDR S&P Midcap	0.30%	1,494	$901K	No change
SHM SS SPDR N Ice St Muni ETF	0.30%	18,715	$898K	No change
WPC WP Carey Inc.	0.28%	13,201	$850K	Reduce -3.6%
ABT Abbott Laboratories	0.28%	6,779	$849K	Reduce -1.9%
BRK.B Berkshire Hathaway Inc. Class B	0.28%	1,680	$844K	Reduce -1.5%
XLB SS Materials Select Sector	0.28%	18,533	$840K	No change
SUB iShares Short-Term National	0.27%	7,588	$810K	No change
HWM Howmet Aerospace Inc.	0.26%	3,905	$801K	No change
XBI SS SPDR S&P Biotech ETF	0.26%	6,411	$782K	Add +0.2%
GLW Corning Inc.	0.26%	8,854	$775K	Reduce -0.1%
VRTX Vertex Pharmaceuticals Inc.	0.25%	1,649	$748K	Add +0.1%
TXN Texas Instruments Inc.	0.25%	4,297	$745K	Add +1.3%
RSP Invesco S&P 500 Equal Weight	0.24%	3,873	$742K	Add +1.3%
COP Conocophillips	0.24%	7,760	$726K	Reduce -11.3%
VDE Vanguard Energy ETF	0.23%	5,642	$710K	Add +11.7%
VGSH Vanguard Short-Term Treasury	0.23%	11,609	$682K	New
SPSM SS SPDR P S&P 600 Small Cap	0.22%	14,386	$674K	Add +36.3%
VT Vanguard Tot World STK ETF	0.22%	4,766	$672K	Reduce -1.6%
VIG Vanguard Dividend Apprec ETF	0.21%	2,955	$649K	Reduce -2.4%
FIS Fidelity National Info Serv	0.21%	9,768	$649K	Reduce -9.2%
TOWN Towne Bank	0.21%	19,124	$638K	Add +1.4%
COLB Columbia Banking System Inc.	0.20%	21,872	$611K	Reduce -0.9%
ABR Arbor Realty Trust Inc.	0.20%	77,397	$601K	Reduce -6.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.20%	1,900	$598K	No change
NFLX Netflix Inc.	0.18%	5,750	$539K	Reduce -0.3%
META Meta Platforms Inc. Class A	0.17%	799	$527K	No change
SPTM SS SPDR P S&P 1500 Comp ETF	0.17%	6,373	$526K	Reduce -3.0%
MPC Marathon Petroleum Corp.	0.17%	3,188	$518K	No change
PG The Procter & Gamble Co.	0.16%	3,483	$499K	Add +1.8%
IWM iShares Russell 2000 ETF	0.16%	1,984	$488K	Reduce -2.1%
CRM Salesforce Inc.	0.16%	1,791	$474K	Reduce -7.1%
FCN Fti Consulting Inc.	0.15%	2,746	$469K	No change
GPN Global Payments Inc.	0.15%	5,944	$460K	New
VFH Vanguard Financials ETF	0.14%	3,272	$437K	No change
D Dominion Energy Inc.	0.14%	7,406	$434K	Reduce -50.0%
GE General Electric filed as GE AEROSPACE	0.14%	1,394	$429K	No change
RSPG Invesco S&P 500 Equal Weight	0.14%	5,370	$427K	No change
AUB Atlantic Union Bankshares Co.	0.14%	11,646	$411K	Add +5.3%
TM Toyota Motor Corp. -Spon ADR	0.14%	1,919	$411K	Reduce -5.0%
CIVB Civista Bancshares Inc.	0.13%	18,183	$404K	Add +5.3%
MRK Merck & Co. Inc.	0.13%	3,834	$404K	Reduce -18.1%
IEFA iShares Core MSCI Eafe ETF	0.13%	4,469	$400K	Add +2.7%
SCZ iShares MSCI Eafe Small-Cap	0.13%	5,147	$399K	Add +1.8%
MUNI PIMCO Intermediate Municipal	0.13%	7,594	$398K	Add +26.2%
VTR Ventas Inc.	0.13%	5,124	$397K	Reduce -3.0%
HIG Hartford Insurance Group Inc.	0.13%	2,864	$395K	Reduce -0.2%
XLF SS Financial Select Sector	0.13%	6,958	$381K	No change
LLY Eli Lilly & Co.	0.12%	352	$378K	Add +7.3%
GLPI Gaming and Leisure Propertie	0.12%	8,364	$374K	Add +0.7%
AXP American Express Co.	0.12%	1,003	$371K	Add +3.9%
APD Air Products & Chemicals Inc.	0.12%	1,441	$356K	No change
BALT Inn Defined Wealth Shield	0.12%	10,465	$351K	No change
MTUM iShares MSCI USA Momentum Fa	0.11%	1,314	$329K	No change
CDNS Cadence Design SYS Inc.	0.11%	1,043	$326K	New
FNB FNB Corp.	0.11%	18,767	$321K	Reduce -1.1%
FLRN SS SPDR BB Ig Float RT ETF	0.11%	10,436	$321K	Add +33.6%
ORCL Oracle Corp.	0.10%	1,595	$311K	Reduce -1.7%
XLC SS Comm Select Sector SPDR	0.10%	2,541	$299K	Add +1.0%
ORRF Orrstown Finl Services Inc.	0.10%	8,290	$294K	No change
JNJ Johnson & Johnson	0.10%	1,406	$291K	Reduce -4.5%
KBH KB Home	0.10%	5,117	$289K	Add +3.5%
IBTH iShares Ibonds Dec 2027 Term	0.09%	12,747	$286K	New
LHX L3HARRIS Technologies Inc.	0.09%	949	$279K	Reduce -8.6%
ABBV Abbvie Inc.	0.09%	1,217	$278K	Reduce -1.6%
FPE FT-Preferred Secur & Inc. ETF	0.09%	15,200	$277K	Reduce -0.5%
BAUG Innovator U.S. Equity Buffer	0.09%	5,480	$274K	No change
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.09%	1,702	$261K	Reduce -1.5%
RSPS Invesco S&P 500 Equal Weight	0.09%	8,917	$259K	Reduce -29.8%
VTV Vanguard Mrngstr Val ETF-Aui	0.08%	1,345	$257K	New
MUB iShares National Muni Bond E	0.08%	2,320	$248K	Reduce -2.5%
PFEB Innovator U.S. Equity Power	0.08%	6,092	$248K	No change
VNQ Vanguard Real Estate ETF	0.08%	2,795	$247K	New
ADI Analog Devices Inc.	0.08%	900	$244K	New
BMAR Innovator U.S. Equity Buffer	0.08%	4,500	$239K	No change
GLD SPDR Gold Shares	0.08%	574	$227K	Reduce -29.0%
IGIB iShares 5-10Y Inv Grade Corp.	0.08%	4,222	$227K	No change
GEV GE Vernova Inc.	0.07%	347	$227K	No change
ITB iShares U.S. Home Constructi	0.07%	2,322	$224K	No change
XPH SS SPDR S&P Pharma ETF	0.07%	3,986	$223K	New
ARCC Ares Capital Corp.	0.07%	11,028	$223K	No change
VEU Vanguard Ftse All-World Ex-U	0.07%	2,898	$213K	No change
IBB iShares Biotechnology ETF	0.07%	1,230	$208K	New
CAT Caterpillar Inc.	0.07%	357	$205K	New
NZF Nuveen Municipal Credit Inc.	0.07%	16,067	$202K	No change
OEF iShares S&P 100 ETF	0.07%	589	$202K	New
NVG Nuveen Amt-FR Muni CRDT	0.05%	11,200	$142K	No change
NWBI Northwest Bancshares Inc.	0.04%	10,325	$124K	No change

Options reported separately and not counted above: NVO calls ($132K), TSM calls ($122K).

Portfolio Sells Q3 2025 → Q4 2025


BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -31.5%	1.26%	−0.69
PFE Pfizer Inc.	Sold out	0.00%	−0.41
BSCS Invesco Bulletshares 2028 CB	Reduce -3.0%	2.53%	−0.22
FISV Fiserv Inc.	Sold out	0.00%	−0.19
CHINA FUND INC	Sold out	0.00%	−0.17
D Dominion Energy Inc.	Reduce -50.0%	0.14%	−0.17
VGT Vanguard Info Tech ETF	Reduce -0.3%	3.15%	−0.16
RUSHB Rush Enterprises Inc. Class B	Reduce -6.2%	1.06%	−0.16
ABR Arbor Realty Trust Inc.	Reduce -6.0%	0.20%	−0.15
BSCR Invesco Bulletshares 2027 CB	Reduce -7.6%	1.02%	−0.15
JPM JPMorgan Chase & Co.	Reduce -2.7%	2.13%	−0.14
SNPS Synopsys Inc.	Sold out	0.00%	−0.11
NVO Novo-Nordisk A/S-Spons ADR	Reduce -15.6%	0.30%	−0.11
RMD Resmed Inc.	Reduce -0.1%	0.38%	−0.08
ADBE Adobe Inc.	Sold out	0.00%	−0.08
HD Home Depot Inc.	Sold out	0.00%	−0.07
LH Labcorp Holdings Inc.	Reduce -2.6%	0.30%	−0.07
NFLX Netflix Inc.	Reduce -0.3%	0.18%	−0.06
EOG EOG Resources Inc.	Reduce -1.7%	0.41%	−0.06
VOX Vanguard Communication Servi	Reduce -1.1%	1.62%	−0.06
ORCL Oracle Corp.	Reduce -1.7%	0.10%	−0.06
COP Conocophillips	Reduce -11.3%	0.24%	−0.05
PNC PNC Financial Services Group	Reduce -2.3%	1.07%	−0.04
RSPS Invesco S&P 500 Equal Weight	Reduce -29.8%	0.09%	−0.04
ABT Abbott Laboratories	Reduce -1.9%	0.28%	−0.04
WPC WP Carey Inc.	Reduce -3.6%	0.28%	−0.04
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -0.9%	0.53%	−0.04
MCHP Microchip Technology Inc.	Reduce -2.3%	0.44%	−0.04
VAW Vanguard Materials ETF	Reduce -3.5%	0.47%	−0.04
FIS Fidelity National Info Serv	Reduce -9.2%	0.21%	−0.03
TEL Te Connectivity PLC	Reduce -1.0%	0.91%	−0.03
SPYM Ste STR SPDR PT S&P 500 ETF	Reduce -0.5%	0.67%	−0.03
GLD SPDR Gold Shares	Reduce -29.0%	0.08%	−0.03
XLK SS Technology Select Sector	Reduce -0.4%	0.62%	−0.02
VCR Vanguard Consumer Discre ETF	Reduce -0.4%	0.34%	−0.02
STZ Constellation Brands Inc. Class A	Reduce -1.0%	0.52%	−0.02
BRK.B Berkshire Hathaway Inc. Class B	Reduce -1.5%	0.28%	−0.02
CSX CSX Corp.	Reduce -2.2%	0.34%	−0.02
VTI VG Morningstar TS MKT ETF-US	Reduce -0.3%	0.52%	−0.02
VB Vanguard Most SM-Cap ETF-Usd	Reduce -0.8%	0.39%	−0.02
XLY SS Consumer Disc Select Sect	Reduce -0.2%	0.30%	−0.02
LHX L3HARRIS Technologies Inc.	Reduce -8.6%	0.09%	−0.02
IVV iShares Core S&P 500 ETF	Reduce -0.6%	0.45%	−0.02
RTX RTX Corp.	Reduce -5.2%	0.82%	−0.01
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -0.2%	0.40%	−0.01
VIG Vanguard Dividend Apprec ETF	Reduce -2.4%	0.21%	−0.01
SPTM SS SPDR P S&P 1500 Comp ETF	Reduce -3.0%	0.17%	−0.01
VT Vanguard Tot World STK ETF	Reduce -1.6%	0.22%	−0.01
IWM iShares Russell 2000 ETF	Reduce -2.1%	0.16%	−0.01
ABBV Abbvie Inc.	Reduce -1.6%	0.09%	−0.01

Portfolio Buys Q3 2025 → Q4 2025


SGOV iShares 0-3 Month Treasury B	New	0.55%	+0.55
VGSH Vanguard Short-Term Treasury	New	0.23%	+0.23
FLTR Vaneck Ig Floating Rate ETF	Add +14.7%	2.75%	+0.21
GPN Global Payments Inc.	New	0.15%	+0.15
BSCT Invesco Bulletshares 2029 CB	Add +77.6%	0.35%	+0.14
IPKW Invesco International Buybac	Add +12.4%	1.11%	+0.12
BFH Bread Financial Holdings Inc.	Add +1.1%	0.56%	+0.12
CDNS Cadence Design SYS Inc.	New	0.11%	+0.11
BSCW Invesco Bulletshares 2032 CB	Add +22.9%	0.73%	+0.10
IBTH iShares Ibonds Dec 2027 Term	New	0.09%	+0.09
JPST JPMorgan Ultra-Short Income	Add +26.2%	0.57%	+0.09
SPIB SS SPDR P Int C Corp. ETF	Add +9.5%	2.78%	+0.09
VTV Vanguard Mrngstr Val ETF-Aui	New	0.08%	+0.08
SPDW Ste STR SPDR PT DW Eu ETF	Add +10.6%	1.05%	+0.08
VNQ Vanguard Real Estate ETF	New	0.08%	+0.08
ADI Analog Devices Inc.	New	0.08%	+0.08
EPS Wisdomtree US Large Cap Fund	Add +7.1%	2.03%	+0.08
AZN Astrazeneca PLC-Spons ADR	Add +0.3%	0.64%	+0.08
XPH SS SPDR S&P Pharma ETF	New	0.07%	+0.07
RSPT Invesco S&P 500 Equal Weight	Add +8.0%	1.78%	+0.07
IBB iShares Biotechnology ETF	New	0.07%	+0.07
CAT Caterpillar Inc.	New	0.07%	+0.07
OEF iShares S&P 100 ETF	New	0.07%	+0.07
QUAL iShares MSCI USA Quality Fac	Add +6.4%	2.25%	+0.06
QUS SS SPDR MSCI U Stratfact ETF	Add +6.6%	2.20%	+0.06
IEMG iShares Core MSCI Emerging	Add +20.2%	0.38%	+0.05
SLQD iShares 0-5 YR Inv GRD Corp.	Add +14.4%	0.72%	+0.05
VHT Vanguard Health Care ETF	Add +8.1%	0.44%	+0.05
SPSM SS SPDR P S&P 600 Small Cap	Add +36.3%	0.22%	+0.05
VRIG Invesco Variable Rate Invest	Add +10.8%	1.09%	+0.05
JMST JPM Ultra-Short Muni Income	Add +19.4%	0.44%	+0.05
SPMD SS SPDR P S&P 400 Midcap ETF	Add +7.8%	1.56%	+0.05
EWX State Street SPDR S&P Emergi	Add +13.6%	1.00%	+0.05
TSM Taiwan Semiconductor-SP ADR	Add +4.1%	0.67%	+0.04
VCSH Vanguard S/T Corp. Bond ETF	Add +7.3%	3.33%	+0.04
SPSB SS SPDR P St C Corp. ETF	Add +9.8%	1.19%	+0.04
LLY Eli Lilly & Co.	Add +7.3%	0.12%	+0.04
XBI SS SPDR S&P Biotech ETF	Add +0.2%	0.26%	+0.03
ICSH iShares Ultra Short Duration	Add +9.7%	0.88%	+0.03
FLRN SS SPDR BB Ig Float RT ETF	Add +33.6%	0.11%	+0.02
MUNI PIMCO Intermediate Municipal	Add +26.2%	0.13%	+0.02
VRTX Vertex Pharmaceuticals Inc.	Add +0.1%	0.25%	+0.02
JAAA Janus Henderson Aaa Clo ETF	Add +6.8%	3.12%	+0.02
AMZN Amazon.com Inc.	Add +5.2%	0.34%	+0.01
VDE Vanguard Energy ETF	Add +11.7%	0.23%	+0.01
CIVB Civista Bancshares Inc.	Add +5.3%	0.13%	+0.01
AXP American Express Co.	Add +3.9%	0.12%	+0.01
VEA Vanguard Ftse Developed ETF	Add +3.3%	0.57%	+0.01
SPEM State Street SP PTF Em ETF	Add +6.5%	1.42%	+0.01
FBIZ First Business Financial Ser	Add +0.8%	0.95%	+0.01

Options Activity Q3 2025 → Q4 2025


NVO Novo-Nordisk A/S-Spons ADR	call	Add +62.5%	2,600	$132K

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