Washburn Capital Management, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed August 5, 2025), Washburn Capital Management, Inc. reported 51 stock positions worth $152.1 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 24.1% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 18.4%) and Invesco QQQ Trust Series 1 (QQQ, 13.0%). Compared with Q4 2024, it opened 5 new positions, sold out of 9, added to 15 and reduced 23. The biggest buy was a new position in GE Vernova (GEV) and the biggest sale Nvidia (NVDA, shares −25%).

Most Recent 13F
Q2 2026
Location
Vero Beach, FL
CIK
0001793923
Portfolio Value
$152.1M (Q1 2025)
SEC Filing
0001172661-25-002904 ↗ filed Aug 5, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $135.3M Q1 2024 Q2 2024: $140.1M Q2 2024 Q3 2024: $139.6M Q3 2024 Q4 2024: $161.5M Q4 2024 Q1 2025: $152.1M $152.1M Q1 2025 Q2 2025: $170.6M Q2 2025 Q3 2025: $179.0M Q3 2025 Q4 2025: $181.6M Q4 2025 Q1 2026: $172.1M Q1 2026 Q2 2026: $203.1M Q2 2026

Holdings 51 stocks · $152.1M

SPY SS SPDR S&P 500 ETF Trust-US 24.10% 65,517 $36.6M Add +0.7%
VTI VG Morningstar TS MKT ETF-US 18.42% 101,922 $28.0M Add +2.7%
QQQ Invesco QQQ Trust Series 1 12.99% 42,126 $19.8M Reduce -3.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 8.33% 30,156 $12.7M Reduce -1.6%
NVDA Nvidia Corp. 2.48% 34,839 $3.8M Reduce -25.1%
AAPL Apple Inc. 2.45% 16,752 $3.7M Reduce -7.4%
MDY State Street SPDR S&P Midcap 2.34% 60,960 $3.6M Reduce -3.2%
MSFT Microsoft Corp. 2.33% 9,437 $3.5M Reduce -8.7%
V Visa Inc. Class A 2.33% 10,105 $3.5M Reduce -1.6%
META Meta Platforms Inc. Class A 2.06% 5,435 $3.1M Reduce -6.3%
COST Costco Wholesale Corp. 1.97% 3,174 $3.0M Add +1.1%
AMZN Amazon.com Inc. 1.97% 15,714 $3.0M Reduce -4.7%
VOO Vanguard S&P 500 ETF 1.50% 4,440 $2.3M Reduce -0.2%
LLY Eli Lilly & Co. 1.41% 2,594 $2.1M Reduce -3.2%
PANW Palo Alto Networks Inc. 1.17% 10,450 $1.8M Reduce -1.5%
BRK.B Berkshire Hathaway Inc. Class B 1.03% 2,948 $1.6M Add +5.2%
HD Home Depot Inc. 1.03% 4,263 $1.6M Add +5.0%
SOXX iShares Semiconductor ETF 0.77% 6,250 $1.2M Reduce -0.8%
GEV GE Vernova Inc. 0.76% 3,791 $1.2M New
ABBV Abbvie Inc. 0.75% 5,478 $1.1M Add +10.5%
XLF SS Financial Select Sector 0.75% 23,010 $1.1M Add +231.7%
UPS United Parcel Service Class B 0.67% 9,220 $1.0M New
CAT Caterpillar Inc. 0.63% 2,924 $964K Add +0.9%
AVGO Broadcom Inc. 0.60% 5,439 $911K Add +55.8%
VB Vanguard Most SM-Cap ETF-Usd 0.57% 3,909 $867K Reduce -2.5%
GOOG Alphabet Inc. Class C 0.56% 5,439 $850K No change
GE General Electric filed as GE AEROSPACE 0.56% 4,234 $847K Add +51.5%
MS Morgan Stanley 0.42% 5,490 $641K Reduce -3.5%
JPM JPMorgan Chase & Co. 0.41% 2,550 $626K Add +18.3%
SCHB Schwab US Broad Market ETF 0.37% 26,037 $561K No change
UNH Unitedhealth Group Inc. 0.33% 955 $500K Reduce -2.5%
SMCI Super Micro Computer Inc. 0.31% 13,893 $476K New
CVX Chevron Corp. 0.30% 2,726 $456K Reduce -5.9%
ETN Eaton Corp. PLC 0.28% 1,570 $427K Add +149.2%
IYY iShares Dow Jones U.S. ETF 0.28% 3,110 $423K Reduce -18.6%
LNTH Lantheus Holdings Inc. 0.23% 3,650 $356K Add +58.7%
PLTR Palantir Technologies Inc. Class A 0.23% 4,130 $349K Reduce -6.2%
ABT Abbott Laboratories 0.21% 2,420 $321K Reduce -2.0%
EQT Eqt Corp. 0.21% 5,925 $317K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.19% 4,175 $284K No change
EXE Expand Energy Corp. 0.18% 2,400 $267K Reduce -14.3%
TSLA Tesla Inc. 0.17% 1,015 $263K Add +4.6%
WMT Walmart Inc. 0.16% 2,837 $249K Add +0.0%
AEM Agnico Eagle Mines Ltd. 0.16% 2,250 $244K New
CRH CRH PLC 0.16% 2,750 $242K No change
VLO Valero Energy Corp. 0.16% 1,810 $239K Reduce -2.2%
ENB Enbridge Inc. 0.15% 5,200 $230K No change
BN Brookfield Corp. 0.15% 4,350 $228K Reduce -15.1%
SKT Tanger Inc. 0.14% 6,475 $219K No change
VRT Vertiv Holdings Co. Class A 0.13% 2,820 $204K No change
MCD McDonald's Corp. 0.13% 646 $202K New

Portfolio Sells Q4 2024 → Q1 2025

NVDA Nvidia Corp. Reduce -25.1% 2.48% −1.38
QQQ Invesco QQQ Trust Series 1 Reduce -3.0% 12.99% −0.76
XLE SS Energy Select Sector Sold out 0.00% −0.71
MSFT Microsoft Corp. Reduce -8.7% 2.33% −0.37
CB Chubb Ltd. Sold out 0.00% −0.36
AAPL Apple Inc. Reduce -7.4% 2.45% −0.36
AA Alcoa Corp. Sold out 0.00% −0.35
AMZN Amazon.com Inc. Reduce -4.7% 1.97% −0.27
BLDR Builders Firstsource Inc. Sold out 0.00% −0.16
PKG Packaging Corp. of America Sold out 0.00% −0.16
BITB Bitwise Bitcoin ETF Sold out 0.00% −0.14
QQEW First TR Nasdaq-100 Sel Eq Sold out 0.00% −0.14
DELL Dell Technologies -C Sold out 0.00% −0.13
CCEP Coca-Cola Europacific Partne Sold out 0.00% −0.13
MDY State Street SPDR S&P Midcap Reduce -3.2% 2.34% −0.09
SOXX iShares Semiconductor ETF Reduce -0.8% 0.77% −0.07
IYY iShares Dow Jones U.S. ETF Reduce -18.6% 0.28% −0.06
META Meta Platforms Inc. Class A Reduce -6.3% 2.06% −0.04
BN Brookfield Corp. Reduce -15.1% 0.15% −0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.5% 0.57% −0.03
PANW Palo Alto Networks Inc. Reduce -1.5% 1.17% −0.02
MS Morgan Stanley Reduce -3.5% 0.42% −0.02
EXE Expand Energy Corp. Reduce -14.3% 0.18% +0.00
VOO Vanguard S&P 500 ETF Reduce -0.2% 1.50% +0.02
VLO Valero Energy Corp. Reduce -2.2% 0.16% +0.02
UNH Unitedhealth Group Inc. Reduce -2.5% 0.33% +0.02
PLTR Palantir Technologies Inc. Class A Reduce -6.2% 0.23% +0.02
ABT Abbott Laboratories Reduce -2.0% 0.21% +0.04
CVX Chevron Corp. Reduce -5.9% 0.30% +0.04
LLY Eli Lilly & Co. Reduce -3.2% 1.41% +0.13
DIA SS SPDR Dow Jones Indus Avg Reduce -1.6% 8.33% +0.26
V Visa Inc. Class A Reduce -1.6% 2.33% +0.32

Portfolio Buys Q4 2024 → Q1 2025

GEV GE Vernova Inc. New 0.76% +0.76
UPS United Parcel Service Class B New 0.67% +0.67
VTI VG Morningstar TS MKT ETF-US Add +2.7% 18.42% +0.61
XLF SS Financial Select Sector Add +231.7% 0.75% +0.55
SPY SS SPDR S&P 500 ETF Trust-US Add +0.7% 24.10% +0.49
SMCI Super Micro Computer Inc. New 0.31% +0.31
GE General Electric Add +51.5% 0.56% +0.27
BRK.B Berkshire Hathaway Inc. Class B Add +5.2% 1.03% +0.25
ABBV Abbvie Inc. Add +10.5% 0.75% +0.21
COST Costco Wholesale Corp. Add +1.1% 1.97% +0.19
AEM Agnico Eagle Mines Ltd. New 0.16% +0.16
ETN Eaton Corp. PLC Add +149.2% 0.28% +0.15
MCD McDonald's Corp. New 0.13% +0.13
LNTH Lantheus Holdings Inc. Add +58.7% 0.23% +0.11
AVGO Broadcom Inc. Add +55.8% 0.60% +0.10
JPM JPMorgan Chase & Co. Add +18.3% 0.41% +0.09
HD Home Depot Inc. Add +5.0% 1.03% +0.05
WMT Walmart Inc. Add +0.0% 0.16% +0.01
CAT Caterpillar Inc. Add +0.9% 0.63% −0.02
TSLA Tesla Inc. Add +4.6% 0.17% −0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 56$203.1MSPY, VTI, QQQ, MTUM, DIA
Q1 2026 56$172.1MSPY, VTI, QQQ, DIA, MTUM
Q4 2025 57$181.6MSPY, VTI, QQQ, DIA, NVDA
Q3 2025 56$179.0MSPY, VTI, QQQ, DIA, NVDA
Q2 2025 52$170.6MSPY, VTI, QQQ, DIA, NVDA
Q1 2025Amended 51$152.1MSPY, VTI, QQQ, DIA, NVDA
Q4 2024 55$161.5MSPY, VTI, QQQ, DIA, NVDA
Q3 2024 40$139.6MSPY, VTI, QQQ, DIA, NVDA
Q2 2024 36$140.1MSPY, VTI, QQQ, DIA, NVDA
Q1 2024 38$135.3MSPY, VTI, QQQ, DIA, NVDA