In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Whitford Management LLC reported 14 stock positions worth $78.1 million . Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 28.8% of the portfolio, followed by Amazon.com (AMZN, 10.0% ) and Microsoft (MSFT, 9.3% ). Compared with Q4 2024, it opened 4 new positions, sold out of 11 and reduced 10. The biggest buy was a new position in Arthur J Gallagher (AJG) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −80% ).
Location NEW YORK, NY
CIK 0001957726
Portfolio Value $78.1M (Q1 2025) Holdings 14 stocks · $78.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 SPY SS SPDR S&P 500 ETF Trust-US 40,200 $22.5M Reduce -80.2% AMZN Amazon.com Inc. 40,857 $7.8M Reduce -76.1% MSFT Microsoft Corp. 19,310 $7.2M Reduce -74.5% MA Mastercard Inc. Class A 9,046 $5.0M Reduce -76.2% TDG Transdigm Group Inc. 3,355 $4.6M Reduce -76.6% GOOG Alphabet Inc. Class C 28,154 $4.4M Reduce -76.2% SRLN SS Blackstone Sr Loan ETF 98,670 $4.1M Reduce -75.8% SPGI S&P Global Inc. 7,013 $3.6M Reduce -70.5% AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 10,164 $3.5M New UBER Uber Technologies Inc. 44,618 $3.3M New NOW ServiceNow Inc. 4,066 $3.2M New AVGO Broadcom Inc. 19,006 $3.2M Reduce -51.6% WWD Woodward Inc. 16,872 $3.1M New NVDA Nvidia Corp. 25,205 $2.7M Reduce -58.2%
Options reported separately and not counted above: SPY puts ($193K), AMZN puts ($123K), MSFT puts ($57K), NVDA calls ($51K).
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ SPY SS SPDR S&P 500 ETF Trust-US Reduce -80.2% 28.79% −6.43 INTU Intuit Inc. Sold out 0.00% −3.92 UNH Unitedhealth Group Inc. Sold out 0.00% −2.79 MSCI MSCI Inc. Sold out 0.00% −2.00 AMZN Amazon.com Inc. Reduce -76.1% 9.95% −1.15 GOOG Alphabet Inc. Class C Reduce -76.2% 5.63% −1.03 BRK.A Berkshire Hathaway Inc. Class A Sold out 0.00% −1.01 SHYG iShares 0-5 YR HY Corp. Bond Sold out 0.00% −0.94 JAAA Janus Henderson Aaa Clo ETF Sold out 0.00% −0.94 SOXX iShares Semiconductor ETF Sold out 0.00% −0.75 VGT Vanguard Info Tech ETF Sold out 0.00% −0.17 MSFT Microsoft Corp. Reduce -74.5% 9.28% −0.14 BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.08 QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.07 NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.04 SRLN SS Blackstone Sr Loan ETF Reduce -75.8% 5.20% +0.18 MA Mastercard Inc. Class A Reduce -76.2% 6.35% +0.44 TDG Transdigm Group Inc. Reduce -76.6% 5.94% +0.57 SPGI S&P Global Inc. Reduce -70.5% 4.56% +1.06 NVDA Nvidia Corp. Reduce -58.2% 3.50% +1.10 AVGO Broadcom Inc. Reduce -51.6% 4.07% +1.38
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ AJG Arthur J Gallagher & Co. New 4.49% +4.49 UBER Uber Technologies Inc. New 4.16% +4.16 NOW ServiceNow Inc. New 4.14% +4.14 WWD Woodward Inc. New 3.94% +3.94
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ GOOG Alphabet Inc. Class C put Sold out 45,034 $8.6Mbefore exit INTU Intuit Inc. call Sold out 8,497 $5.3Mbefore exit INTU Intuit Inc. put Sold out 8,497 $5.3Mbefore exit SPY SS SPDR S&P 500 ETF Trust-US put New 345 $193K AMZN Amazon.com Inc. put Reduce -99.0% 646 $123K MSFT Microsoft Corp. put New 151 $57K NVDA Nvidia Corp. call Reduce -96.0% 474 $51K
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 22 $112.0M SPY, SRLN, VOO, TSM, AMZN Q1 2026 22 $97.9M SPY, SHYG, RSP, AMZN, TSM Q4 2025 20 $98.3M SPY, QQQ, SHYG, NVDA, AMZN Q3 2025 16 $99.4M SPY, NVDA, MSFT, SHYG, AMZN Q2 2025 14 $94.2M SPY, MSFT, AMZN, SHYG, MA Q1 2025 14 $78.1M SPY, AMZN, MSFT, MA, TDG Q4 2024 21 $338.4M SPY, AMZN, MSFT, GOOG, MA Q3 2024 16 $176.0M SPY, AMZN, MSFT, MA, UNH Q2 2024 16 $171.9M SPY, UNH, SRLN, AMZN, MSFT Q1 2024 21 $177.6M SPY, BRK.A, SRLN, UNH, AMZN