Windsor Capital Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Windsor Capital Management, LLC reported 118 stock positions worth $325.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.6% of the portfolio, followed by SS SPDR P S&P 500 Value ETF (SPYV, 5.3%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 5.2%). Compared with Q4 2024, it opened 3 new positions, sold out of 4, added to 44 and reduced 56. The biggest buy was JPMorgan Equity Premium Inco (JEPI, shares +787%) and the biggest sale an exit from Prospect Capital Corp. (psec 6.375 03/01/25).

Most Recent 13F
Q2 2026
Location
Phoenix, AZ
CIK
0001543100
Portfolio Value
$325.8M (Q1 2025)
SEC Filing
0001172661-25-001560 ↗ filed May 2, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $322.5M Q1 2024 Q2 2024: $323.2M Q2 2024 Q3 2024: $344.6M Q3 2024 Q4 2024: $337.1M Q4 2024 Q1 2025: $325.8M $325.8M Q1 2025 Q2 2025: $343.0M Q2 2025 Q3 2025: $362.2M Q3 2025 Q4 2025: $341.5M Q4 2025 Q1 2026: $334.7M Q1 2026 Q2 2026: $384.8M Q2 2026

Holdings 118 stocks · $325.8M
IVV iShares Core S&P 500 ETF 9.60% 55,675 $31.3M Reduce -3.0%
SPYV SS SPDR P S&P 500 Value ETF 5.34% 340,861 $17.4M Reduce -17.4%
SPYM Ste STR SPDR PT S&P 500 ETF 5.24% 259,460 $17.1M Reduce -5.5%
ESGD iShares Trust iShares ESG Aw 4.32% 172,153 $14.1M Add +3.3%
IJH iShares Core S&P Midcap ETF 4.14% 231,210 $13.5M Add +3.3%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 3.71% 499,581 $12.1M Add +1.1%
IBDT iShares Ibonds Dec 2028 ETF 3.65% 470,591 $11.9M Add +2.7%
SPSM SS SPDR P S&P 600 Small Cap 3.33% 265,887 $10.8M Add +3.2%
IBDR iShares Ibonds Dec 2026 Term 3.03% 407,958 $9.9M Add +1.0%
SPMD SS SPDR P S&P 400 Midcap ETF 2.76% 175,581 $9.0M Reduce -3.1%
FLOT iShares Floating Rate Bond E 2.63% 168,099 $8.6M Add +1.0%
VRP Invesco Variable Rate Prefer 2.49% 334,107 $8.1M Add +0.1%
IBDQ iShares Ibonds Dec 2025 Term 2.33% 301,992 $7.6M Reduce -0.9%
VEA Vanguard Ftse Developed ETF 2.30% 147,712 $7.5M Reduce -2.8%
CWB SS SPDR BB Conv Sec ETF 2.27% 96,638 $7.4M Reduce -3.0%
IBDU iShares Ibonds Dec 2029 Term 2.24% 314,935 $7.3M Add +3.6%
JPIB JPMorgan Intl BND ETF 2.18% 148,258 $7.1M Add +1.8%
AAPL Apple Inc. 2.00% 29,398 $6.5M Add +22.7%
SPEM State Street SP PTF Em ETF 1.87% 154,946 $6.1M Add +3.6%
BBHY JPMorgan Betabuilders Usd Hi 1.68% 118,562 $5.5M Reduce -2.4%
JPST JPMorgan Ultra-Short Income 1.67% 107,739 $5.5M Reduce -4.9%
SRLN SS Blackstone Sr Loan ETF 1.56% 123,934 $5.1M Add +1.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.50% 8,736 $4.9M Reduce -4.0%
JNK SS SPDR BB High Yield Bond 1.47% 50,169 $4.8M Reduce -2.5%
XLK SS Technology Select Sector 1.37% 21,625 $4.5M Reduce -1.1%
JEPI JPMorgan Equity Premium Inco 1.18% 67,104 $3.8M Add +787.3%
IJR iShares Core S&P Small-Cap E 1.15% 35,743 $3.7M Reduce -2.6%
USRT iShares Core US REIT ETF 1.03% 58,386 $3.4M Add +1.2%
WMT Walmart Inc. 0.89% 32,984 $2.9M Reduce -2.8%
JPM JPMorgan Chase & Co. 0.79% 10,485 $2.6M Reduce -0.9%
XLV SS Health Care Select Sector 0.71% 15,944 $2.3M Reduce -0.1%
XLY SS Consumer Disc Select Sect 0.69% 11,377 $2.2M Reduce -2.6%
AXON Axon Enterprise Inc. 0.65% 4,000 $2.1M No change
XLF SS Financial Select Sector 0.63% 41,025 $2.0M Reduce -4.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.61% 4,754 $2.0M Reduce -7.5%
MCD McDonald's Corp. 0.57% 5,966 $1.9M Reduce -0.7%
EFA iShares MSCI Eafe ETF 0.56% 22,137 $1.8M Add +1.4%
MSFT Microsoft Corp. 0.54% 4,689 $1.8M Reduce -3.3%
PG The Procter & Gamble Co. 0.50% 9,480 $1.6M Reduce -1.1%
MRK Merck & Co. Inc. 0.46% 16,666 $1.5M Reduce -1.3%
XLI SS Industrial Select Sector 0.43% 10,798 $1.4M Add +0.1%
AVGO Broadcom Inc. 0.43% 8,447 $1.4M Reduce -11.4%
VWO Vanguard Ftse Emerging Marke 0.43% 30,801 $1.4M Reduce -3.1%
KO The Coca-Cola Co. 0.40% 17,981 $1.3M Reduce -0.3%
V Visa Inc. Class A 0.39% 3,606 $1.3M Reduce -3.3%
VNQ Vanguard Real Estate ETF 0.36% 12,796 $1.2M Reduce -2.4%
JNJ Johnson & Johnson 0.35% 6,964 $1.2M Reduce -4.0%
TSM Taiwan Semiconductor-SP ADR 0.35% 6,955 $1.2M Reduce -0.9%
XOM Exxon Mobil Corp. 0.33% 9,170 $1.1M Reduce -6.0%
CVX Chevron Corp. 0.33% 6,421 $1.1M Add +1.9%
XLP SS Consumer Staples Sel Sect 0.33% 12,990 $1.1M Add +0.8%
USHY iShares Broad Usd High Yield 0.32% 27,898 $1.0M Add +22.2%
ICVT iShares Convertible Bond ETF 0.29% 11,254 $941K Add +0.4%
ITOT iShares Core S&P Total U.S. 0.28% 7,439 $908K Reduce -0.1%
HD Home Depot Inc. 0.28% 2,456 $900K Add +6.4%
GS Goldman Sachs Group Inc. 0.26% 1,580 $863K Reduce -2.6%
PNC PNC Financial Services Group 0.25% 4,680 $823K Add +0.8%
XLE SS Energy Select Sector 0.25% 8,763 $819K Add +1.0%
EBAY eBay Inc. 0.25% 11,809 $800K No change
BRK.A Berkshire Hathaway Inc. Class A 0.25% 1 $798K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.23% 2,047 $759K Reduce -0.7%
CAT Caterpillar Inc. 0.23% 2,298 $758K Reduce -2.0%
PEP Pepsico Inc. 0.23% 5,015 $752K Add +3.9%
AMZN Amazon.com Inc. 0.23% 3,879 $738K Add +16.8%
COST Costco Wholesale Corp. 0.22% 762 $721K Reduce -24.6%
IWM iShares Russell 2000 ETF 0.22% 3,583 $715K Add +2.9%
MMM 3M Co. 0.21% 4,748 $697K New
PLD Prologis Inc. 0.21% 6,036 $675K Add +0.2%
CRM Salesforce Inc. 0.21% 2,513 $674K Reduce -0.4%
GLD SPDR Gold Shares 0.20% 2,312 $666K No change
EMR Emerson Electric Co. 0.20% 5,975 $655K No change
BRK.B Berkshire Hathaway Inc. Class B 0.20% 1,201 $640K No change
MDT Medtronic PLC 0.19% 6,911 $621K Add +0.7%
META Meta Platforms Inc. Class A 0.19% 1,077 $621K Add +0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.19% 3,493 $603K Reduce -3.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.18% 7,605 $600K Reduce -1.9%
CSCO Cisco Systems Inc. 0.17% 9,225 $569K Reduce -4.8%
CMCSA Comcast Corp. Class A 0.17% 15,270 $563K Reduce -8.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 2,247 $559K Reduce -1.7%
ABBV Abbvie Inc. 0.17% 2,619 $549K Add +1.9%
NXPI NXP Semiconductors NV 0.17% 2,874 $546K Add +1.1%
HON Honeywell International Inc. 0.17% 2,559 $542K Reduce -1.6%
IWR iShares Russell Mid-Cap ETF 0.16% 6,170 $525K Reduce -0.3%
QCOM Qualcomm Inc. 0.15% 3,227 $496K No change
ORCL Oracle Corp. 0.15% 3,461 $484K Add +0.1%
XLB SS Materials Select Sector 0.15% 5,619 $483K Add +3.6%
IXN iShares Global Tech ETF 0.15% 6,300 $477K No change
T AT&T Inc. 0.14% 16,387 $463K No change
VCSH Vanguard S/T Corp. Bond ETF 0.13% 5,488 $433K Reduce -12.5%
QQQ Invesco QQQ Trust Series 1 0.13% 915 $429K Reduce -11.7%
AMGN Amgen Inc. 0.13% 1,374 $428K Add +9.6%
AXP American Express Co. 0.13% 1,529 $411K Reduce -6.0%
CL Colgate-Palmolive Co. 0.12% 4,143 $388K No change
SPSB SS SPDR P St C Corp. ETF 0.11% 12,112 $365K Add +0.0%
TRV The Travelers Cos Inc. 0.11% 1,351 $357K Add +3.7%
NEAR iShares SH Dba ETF Usd Inc. 0.11% 6,924 $352K Reduce -5.8%
EEM iShares MSCI Emerging Market 0.10% 7,319 $320K Reduce -8.6%
TSLA Tesla Inc. 0.09% 1,172 $304K Add +1.7%
ABT Abbott Laboratories 0.09% 2,261 $300K Add +0.9%
IBHF iShares Ibond 2026 HY & Inc. 0.09% 12,169 $283K No change
VIG Vanguard Dividend Apprec ETF 0.09% 1,442 $280K Add +9.6%
IBHG iShares Ibonds 2027 HY Inc. 0.09% 12,490 $279K Add +3.6%
UNP Union Pacific Corp. 0.08% 1,136 $268K No change
TIP iShares Tips Bond ETF 0.08% 2,325 $258K Reduce -9.1%
AVK Advent Convert & Income 0.08% 21,825 $252K Reduce -0.0%
VOO Vanguard S&P 500 ETF 0.07% 474 $244K Reduce -3.7%
XEL Xcel Energy Inc. 0.07% 3,397 $240K Add +0.7%
NKE Nike Inc. Class B 0.07% 3,723 $236K Reduce -18.6%
BSV Vanguard Short-Term Bond ETF 0.07% 2,986 $234K Add +0.0%
MDY State Street SPDR S&P Midcap 0.07% 434 $231K Reduce -6.5%
FAST Fastenal Co. 0.07% 2,843 $220K No change
IWP iShares Russell Mid-Cap Grow 0.07% 1,857 $218K No change
ICF iShares Select U.S. REIT ETF 0.07% 3,465 $213K Reduce -2.4%
RTX RTX Corp. 0.06% 1,590 $211K New
IWB iShares Russell 1000 ETF 0.06% 673 $206K Reduce -3.7%
CVS CVS Health Corp. 0.06% 3,035 $206K New
GCV Gabelli Convert & Inc. Sec 0.04% 33,902 $127K Add +2.1%
ACHV Achieve Life Sciences Inc. 0.01% 10,817 $29K No change

Portfolio Sells Q4 2024 → Q1 2025
PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) Sold out 0.00% −1.35
SPYV SS SPDR P S&P 500 Value ETF Reduce -17.4% 5.34% −0.92
IVV iShares Core S&P 500 ETF Reduce -3.0% 9.60% −0.43
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -5.5% 5.24% −0.38
AVGO Broadcom Inc. Reduce -11.4% 0.43% −0.22
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -3.1% 2.76% −0.18
XLK SS Technology Select Sector Reduce -1.1% 1.37% −0.14
IJR iShares Core S&P Small-Cap E Reduce -2.6% 1.15% −0.11
XLY SS Consumer Disc Select Sect Reduce -2.6% 0.69% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.0% 1.50% −0.08
GOOGL Alphabet Inc. Class A Sold out 0.00% −0.07
INTC Intel Corp. Sold out 0.00% −0.07
MSFT Microsoft Corp. Reduce -3.3% 0.54% −0.07
VZ Verizon Communications Inc. Sold out 0.00% −0.06
TSM Taiwan Semiconductor-SP ADR Reduce -0.9% 0.35% −0.06
COST Costco Wholesale Corp. Reduce -24.6% 0.22% −0.05
CRM Salesforce Inc. Reduce -0.4% 0.21% −0.04
MRK Merck & Co. Inc. Reduce -1.3% 0.46% −0.04
DIA SS SPDR Dow Jones Indus Avg Reduce -7.5% 0.61% −0.04
NKE Nike Inc. Class B Reduce -18.6% 0.07% −0.03
CWB SS SPDR BB Conv Sec ETF Reduce -3.0% 2.27% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -11.7% 0.13% −0.03
WMT Walmart Inc. Reduce -2.8% 0.89% −0.02
CAT Caterpillar Inc. Reduce -2.0% 0.23% −0.02
JPST JPMorgan Ultra-Short Income Reduce -4.9% 1.67% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.7% 0.23% −0.02
AXP American Express Co. Reduce -6.0% 0.13% −0.02
CMCSA Comcast Corp. Class A Reduce -8.1% 0.17% −0.01
VCSH Vanguard S/T Corp. Bond ETF Reduce -12.5% 0.13% −0.01
GS Goldman Sachs Group Inc. Reduce -2.6% 0.26% −0.01
HON Honeywell International Inc. Reduce -1.6% 0.17% −0.01
MDY State Street SPDR S&P Midcap Reduce -6.5% 0.07% −0.01
ITOT iShares Core S&P Total U.S. Reduce -0.1% 0.28% −0.01
VOO Vanguard S&P 500 ETF Reduce -3.7% 0.07% −0.00
IWB iShares Russell 1000 ETF Reduce -3.7% 0.06% −0.00
NEAR iShares SH Dba ETF Usd Inc. Reduce -5.8% 0.11% −0.00
TIP iShares Tips Bond ETF Reduce -9.1% 0.08% −0.00
IWR iShares Russell Mid-Cap ETF Reduce -0.3% 0.16% −0.00
EEM iShares MSCI Emerging Market Reduce -8.6% 0.10% −0.00
AVK Advent Convert & Income Reduce -0.0% 0.08% +0.00
ICF iShares Select U.S. REIT ETF Reduce -2.4% 0.07% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Reduce -3.6% 0.19% +0.00
CSCO Cisco Systems Inc. Reduce -4.8% 0.17% +0.00
VNQ Vanguard Real Estate ETF Reduce -2.4% 0.36% +0.01
JNK SS SPDR BB High Yield Bond Reduce -2.5% 1.47% +0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -1.9% 0.18% +0.01
VWO Vanguard Ftse Emerging Marke Reduce -3.1% 0.43% +0.01
XLF SS Financial Select Sector Reduce -4.3% 0.63% +0.01
BBHY JPMorgan Betabuilders Usd Hi Reduce -2.4% 1.68% +0.01
PG The Procter & Gamble Co. Reduce -1.1% 0.50% +0.02

Portfolio Buys Q4 2024 → Q1 2025
JEPI JPMorgan Equity Premium Inco Add +787.3% 1.18% +1.05
ESGD iShares Trust iShares ESG Aw Add +3.3% 4.32% +0.55
IBDT iShares Ibonds Dec 2028 ETF Add +2.7% 3.65% +0.26
AAPL Apple Inc. Add +22.7% 2.00% +0.22
MMM 3M Co. New 0.21% +0.21
IBDS Ishrs Ibnds Dec 27 Corp. ETF Add +1.1% 3.71% +0.20
IBDU iShares Ibonds Dec 2029 Term Add +3.6% 2.24% +0.18
SPEM State Street SP PTF Em ETF Add +3.6% 1.87% +0.17
IBDR iShares Ibonds Dec 2026 Term Add +1.0% 3.03% +0.15
JPIB JPMorgan Intl BND ETF Add +1.8% 2.18% +0.14
FLOT iShares Floating Rate Bond E Add +1.0% 2.63% +0.12
VRP Invesco Variable Rate Prefer Add +0.1% 2.49% +0.09
USHY iShares Broad Usd High Yield Add +22.2% 0.32% +0.07
EFA iShares MSCI Eafe ETF Add +1.4% 0.56% +0.07
RTX RTX Corp. New 0.06% +0.06
CVS CVS Health Corp. New 0.06% +0.06
CVX Chevron Corp. Add +1.9% 0.33% +0.06
USRT iShares Core US REIT ETF Add +1.2% 1.03% +0.05
SRLN SS Blackstone Sr Loan ETF Add +1.3% 1.56% +0.05
AMGN Amgen Inc. Add +9.6% 0.13% +0.03
ABBV Abbvie Inc. Add +1.9% 0.17% +0.03
XLE SS Energy Select Sector Add +1.0% 0.25% +0.03
MDT Medtronic PLC Add +0.7% 0.19% +0.03
XLP SS Consumer Staples Sel Sect Add +0.8% 0.33% +0.02
PLD Prologis Inc. Add +0.2% 0.21% +0.02
ABT Abbott Laboratories Add +0.9% 0.09% +0.02
TRV The Travelers Cos Inc. Add +3.7% 0.11% +0.02
PEP Pepsico Inc. Add +3.9% 0.23% +0.01
XLB SS Materials Select Sector Add +3.6% 0.15% +0.01
XLI SS Industrial Select Sector Add +0.1% 0.43% +0.01
AMZN Amazon.com Inc. Add +16.8% 0.23% +0.01
HD Home Depot Inc. Add +6.4% 0.28% +0.01
VIG Vanguard Dividend Apprec ETF Add +9.6% 0.09% +0.01
ICVT iShares Convertible Bond ETF Add +0.4% 0.29% +0.01
XEL Xcel Energy Inc. Add +0.7% 0.07% +0.01
IBHG iShares Ibonds 2027 HY Inc. Add +3.6% 0.09% +0.01
SPSB SS SPDR P St C Corp. ETF Add +0.0% 0.11% +0.00
META Meta Platforms Inc. Class A Add +0.1% 0.19% +0.00
IJH iShares Core S&P Midcap ETF Add +3.3% 4.14% +0.00
BSV Vanguard Short-Term Bond ETF Add +0.0% 0.07% +0.00
GCV Gabelli Convert & Inc. Sec Add +2.1% 0.04% +0.00
NXPI NXP Semiconductors NV Add +1.1% 0.17% −0.01
IWM iShares Russell 2000 ETF Add +2.9% 0.22% −0.01
PNC PNC Financial Services Group Add +0.8% 0.25% −0.01
ORCL Oracle Corp. Add +0.1% 0.15% −0.02
TSLA Tesla Inc. Add +1.7% 0.09% −0.04
SPSM SS SPDR P S&P 600 Small Cap Add +3.2% 3.33% −0.11

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 127$384.8MIVV, SPYV, SPYM, IJH, ESGD
Q1 2026 121$334.7MIVV, SPYV, SPYM, ESGD, IJH
Q4 2025 119$341.5MIVV, SPYV, SPYM, ESGD, IJH
Q3 2025 121$362.2MIVV, SPYM, SPYV, ESGD, IJH
Q2 2025 120$343.0MIVV, SPYM, SPYV, ESGD, IJH
Q1 2025 118$325.8MIVV, SPYV, SPYM, ESGD, IJH
Q4 2024 119$337.1MIVV, SPYV, SPYM, IJH, ESGD
Q3 2024 119$344.6MIVV, SPYV, SPYM, IJH, ESGD
Q2 2024 112$323.2MIVV, SPYV, SPYM, IJH, ESGD
Q1 2024 111$322.5MIVV, SPYV, SPYM, IJH, ESGD