Xponance LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Xponance LLC reported 1,526 stock positions worth $12.6 billion. Its top holding was Nvidia (NVDA) at 8.8% of the portfolio, followed by Microsoft (MSFT, 7.5%) and Apple (AAPL, 7.4%). Compared with Q2 2025, it opened 67 new positions, sold out of 49, added to 678 and reduced 763. The biggest buy was AppLovin Class A (APP, shares +20%) and the biggest sale Amazon.com (AMZN, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- PHILADELPHIA, PA
- CIK
- 0001637541
- Portfolio Value
- $12.6B (Q3 2025)
- SEC Filing
- 0001637541-25-000003 ↗ filed Nov 12, 2025
Holdings Value
Holdings 1,526 stocks · $12.6B
| NVDA Nvidia Corp. | 8.77% | 5,938,487 | $1.1B | Reduce -2.6% |
| MSFT Microsoft Corp. | 7.51% | 1,830,292 | $948.0M | Reduce -2.5% |
| AAPL Apple Inc. | 7.41% | 3,673,887 | $935.5M | Reduce -3.4% |
| AMZN Amazon.com Inc. | 3.63% | 2,087,397 | $458.3M | Reduce -5.2% |
| AVGO Broadcom Inc. | 3.02% | 1,154,220 | $380.8M | Reduce -4.2% |
| META Meta Platforms Inc. Class A | 2.90% | 498,173 | $365.8M | Reduce -6.5% |
| TSLA Tesla Inc. | 2.46% | 698,672 | $310.7M | Reduce -6.2% |
| GOOGL Alphabet Inc. Class A | 2.45% | 1,271,486 | $309.1M | Reduce -6.7% |
| GOOG Alphabet Inc. Class C | 2.02% | 1,048,854 | $255.4M | Reduce -0.3% |
| LLY Eli Lilly & Co. | 1.19% | 197,059 | $150.4M | Reduce -0.4% |
| V Visa Inc. Class A | 1.14% | 422,171 | $144.1M | Reduce -2.5% |
| NFLX Netflix Inc. | 1.02% | 107,885 | $129.3M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 1.00% | 399,805 | $126.1M | Reduce -6.4% |
| MA Mastercard Inc. Class A | 0.97% | 215,429 | $122.5M | Add +1.8% |
| ORCL Oracle Corp. | 0.91% | 406,544 | $114.3M | Add +1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.89% | 222,740 | $112.0M | Reduce -5.6% |
| COST Costco Wholesale Corp. | 0.86% | 116,701 | $108.0M | Reduce -1.2% |
| ABBV Abbvie Inc. | 0.85% | 463,654 | $107.4M | Add +2.7% |
| PLTR Palantir Technologies Inc. Class A | 0.78% | 540,501 | $98.6M | Add +2.4% |
| HD Home Depot Inc. | 0.72% | 225,446 | $91.3M | Reduce -3.8% |
| GE General Electric filed as GE AEROSPACE | 0.61% | 256,649 | $77.2M | Reduce -1.4% |
| JNJ Johnson & Johnson | 0.57% | 390,745 | $72.5M | Reduce -4.0% |
| WMT Walmart Inc. | 0.57% | 697,887 | $71.9M | Reduce -9.0% |
| XOM Exxon Mobil Corp. | 0.50% | 563,241 | $63.5M | Reduce -5.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.43% | 1,059,357 | $54.7M | Reduce -2.8% |
| AMD Advanced Micro Devices | 0.42% | 330,187 | $53.4M | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.42% | 803,391 | $53.3M | Add +2.2% |
| PG The Procter & Gamble Co. | 0.41% | 339,321 | $52.1M | Reduce -4.9% |
| NOW ServiceNow Inc. | 0.39% | 52,894 | $48.7M | Reduce -1.5% |
| INTU Intuit Inc. | 0.38% | 70,816 | $48.4M | Add +0.2% |
| UNH Unitedhealth Group Inc. | 0.38% | 138,656 | $47.9M | Reduce -4.6% |
| UBER Uber Technologies Inc. | 0.38% | 488,691 | $47.9M | Add +0.7% |
| LRCX Lam Research Corp. | 0.38% | 355,976 | $47.7M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.36% | 667,092 | $45.6M | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 0.34% | 7,848 | $42.4M | Reduce -0.4% |
| ANET Arista Networks Inc. | 0.32% | 281,443 | $41.0M | Reduce -0.9% |
| APP AppLovin Corp. Class A | 0.32% | 57,034 | $41.0M | Add +19.8% |
| GEV GE Vernova Inc. | 0.32% | 65,614 | $40.3M | Add +1.3% |
| WFC Wells Fargo & Co. | 0.32% | 481,103 | $40.3M | Reduce -4.2% |
| CVX Chevron Corp. | 0.32% | 256,744 | $39.9M | Add +13.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 140,696 | $39.7M | Reduce -1.6% |
| ISRG Intuitive Surgical Inc. | 0.31% | 87,139 | $39.0M | Reduce -0.5% |
| ADBE Adobe Inc. | 0.30% | 108,038 | $38.1M | Reduce -3.0% |
| KLAC KLA Corp. | 0.30% | 34,670 | $37.4M | Reduce -1.9% |
| GS Goldman Sachs Group Inc. | 0.29% | 45,428 | $36.2M | Reduce -4.8% |
| CRM Salesforce Inc. | 0.28% | 151,306 | $35.9M | Reduce -3.0% |
| PM Philip Morris International | 0.28% | 220,971 | $35.8M | Add +1.0% |
| APH Amphenol Corp. Class A | 0.28% | 289,456 | $35.8M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.27% | 258,590 | $34.6M | Reduce -10.8% |
| MRK Merck & Co. Inc. | 0.27% | 411,145 | $34.5M | Reduce -4.6% |
| LIN Linde PLC | 0.27% | 71,845 | $34.1M | Reduce -4.9% |
| PEP Pepsico Inc. | 0.27% | 242,482 | $34.1M | Add +2.9% |
| AMGN Amgen Inc. | 0.27% | 119,015 | $33.6M | Reduce -0.9% |
| MCD McDonald's Corp. | 0.26% | 108,731 | $33.0M | Reduce -4.2% |
| PANW Palo Alto Networks Inc. | 0.26% | 161,755 | $32.9M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 0.26% | 197,522 | $32.9M | Reduce -4.6% |
| AXP American Express Co. | 0.26% | 98,633 | $32.8M | Reduce -2.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.25% | 65,595 | $32.2M | Add +2.6% |
| CAT Caterpillar Inc. | 0.25% | 67,039 | $32.0M | Reduce -4.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 220,332 | $31.8M | Reduce -2.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 270,892 | $31.0M | Reduce -3.8% |
| C Citigroup Inc. | 0.24% | 302,318 | $30.7M | Reduce -3.4% |
| TXN Texas Instruments Inc. | 0.24% | 165,174 | $30.3M | Reduce -1.1% |
| T AT&T Inc. | 0.24% | 1,060,964 | $30.0M | Reduce -9.8% |
| SCHW Schwab (charles) Corp. | 0.24% | 313,339 | $29.9M | Reduce -0.7% |
| BX Blackstone Inc. | 0.24% | 174,908 | $29.9M | Reduce -0.6% |
| ADP Automatic Data Processing | 0.24% | 101,663 | $29.8M | Reduce -1.6% |
| RTX RTX Corp. | 0.24% | 178,171 | $29.8M | Reduce -4.9% |
| MCK McKesson Corp. | 0.24% | 38,431 | $29.7M | Add +0.6% |
| PGR Progressive Corp. | 0.23% | 119,588 | $29.5M | Add +7.5% |
| AMAT Applied Materials Inc. | 0.22% | 137,904 | $28.2M | Reduce -5.9% |
| MS Morgan Stanley | 0.21% | 170,124 | $27.0M | Reduce -4.9% |
| VZ Verizon Communications Inc. | 0.21% | 612,365 | $26.9M | Reduce -11.1% |
| MU Micron Technology Inc. | 0.21% | 160,609 | $26.9M | Reduce -3.2% |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 54,859 | $26.6M | Reduce -5.9% |
| ACN Accenture PLC Class A | 0.20% | 104,875 | $25.9M | Add +4.1% |
| CDNS Cadence Design SYS Inc. | 0.20% | 72,496 | $25.5M | Add +1.8% |
| GILD Gilead Sciences Inc. | 0.20% | 224,975 | $25.0M | Add +2.1% |
| SPGI S&P Global Inc. | 0.20% | 51,117 | $24.9M | Reduce -2.2% |
| BLK BlackRock Inc. | 0.19% | 20,997 | $24.5M | Reduce -4.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.19% | 62,491 | $24.5M | Reduce -0.2% |
| BSX Boston Scientific Corp. | 0.19% | 248,054 | $24.2M | Reduce -3.7% |
| TT Trane Technologies PLC | 0.19% | 55,751 | $23.5M | Reduce -0.7% |
| AMT American Tower Corp. | 0.19% | 121,723 | $23.4M | Reduce -0.9% |
| DASH DoorDash Inc. Class A | 0.19% | 85,958 | $23.4M | Add +0.4% |
| ETN Eaton Corp. PLC | 0.18% | 61,199 | $22.9M | Add +1.6% |
| BA The Boeing Co. | 0.18% | 105,391 | $22.7M | Reduce -4.5% |
| UNP Union Pacific Corp. | 0.18% | 94,705 | $22.4M | Reduce -6.9% |
| PFE Pfizer Inc. | 0.18% | 874,577 | $22.3M | Reduce -2.8% |
| SYK Stryker Corp. | 0.18% | 59,926 | $22.2M | Reduce -3.4% |
| NEE Nextera Energy Inc. | 0.17% | 292,099 | $22.1M | Reduce -4.3% |
| ORLY O'reilly Automotive Inc. | 0.17% | 204,117 | $22.0M | Reduce -3.7% |
| INTC Intel Corp. | 0.17% | 632,194 | $21.2M | Reduce -3.7% |
| WM Waste Management Inc. | 0.17% | 94,902 | $21.0M | Reduce -1.3% |
| LOW Lowe's Cos Inc. | 0.17% | 83,260 | $20.9M | Reduce -10.1% |
| ADSK Autodesk Inc. | 0.16% | 64,981 | $20.6M | Add +9.5% |
| COF Capital One Financial Corp. | 0.16% | 95,075 | $20.2M | Reduce -8.0% |
| RCL Royal Caribbean Cruises Ltd. | 0.16% | 60,672 | $19.6M | Reduce -0.5% |
| MDT Medtronic PLC | 0.16% | 205,928 | $19.6M | Reduce -4.1% |
| SNPS Synopsys Inc. | 0.15% | 39,498 | $19.5M | Reduce -3.9% |
Portfolio Sells Q2 2025 → Q3 2025
| AMZN Amazon.com Inc. | Reduce -5.2% | 3.63% | −0.41 |
| META Meta Platforms Inc. Class A | Reduce -6.5% | 2.90% | −0.39 |
| MSFT Microsoft Corp. | Reduce -2.5% | 7.51% | −0.30 |
| NFLX Netflix Inc. | Reduce -0.6% | 1.02% | −0.19 |
| V Visa Inc. Class A | Reduce -2.5% | 1.14% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -1.2% | 0.86% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -0.4% | 1.19% | −0.10 |
| ISRG Intuitive Surgical Inc. | Reduce -0.5% | 0.31% | −0.09 |
| URTH iShares MSCI World ETF | Sold out | 0.00% | −0.08 |
| NOW ServiceNow Inc. | Reduce -1.5% | 0.39% | −0.08 |
| CRM Salesforce Inc. | Reduce -3.0% | 0.28% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.6% | 0.89% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -4.9% | 0.41% | −0.06 |
| ADBE Adobe Inc. | Reduce -3.0% | 0.30% | −0.06 |
| WMT Walmart Inc. | Reduce -9.0% | 0.57% | −0.06 |
| ABT Abbott Laboratories | Reduce -10.8% | 0.27% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.6% | 0.10% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -1.1% | 0.24% | −0.05 |
| T AT&T Inc. | Reduce -9.8% | 0.24% | −0.05 |
| DIS The Walt Disney Co. | Reduce -3.8% | 0.25% | −0.05 |
| BKNG Booking Holdings Inc. | Reduce -0.4% | 0.34% | −0.05 |
| FISV Fiserv Inc. | Reduce -3.9% | 0.10% | −0.05 |
| HES Hess Corp. | Sold out | 0.00% | −0.05 |
| IWF iShares Russell 1000 Growth | Reduce -48.7% | 0.05% | −0.04 |
| AMT American Tower Corp. | Reduce -0.9% | 0.19% | −0.04 |
| BSX Boston Scientific Corp. | Reduce -3.7% | 0.19% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.2% | 0.19% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -1.6% | 0.31% | −0.04 |
| VRSN Verisign Inc. | Reduce -52.4% | 0.03% | −0.04 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -6.4% | 1.00% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -11.1% | 0.21% | −0.04 |
| HON Honeywell International Inc. | Reduce -6.2% | 0.14% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -16.8% | 0.09% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -4.4% | 0.13% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -5.4% | 0.50% | −0.03 |
| SPGI S&P Global Inc. | Reduce -2.2% | 0.20% | −0.03 |
| TSN Tyson Foods Inc. Class A | Reduce -58.0% | 0.02% | −0.03 |
| DE Deere & Co. | Reduce -4.3% | 0.14% | −0.03 |
| ADP Automatic Data Processing | Reduce -1.6% | 0.24% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -1.1% | 0.36% | −0.03 |
| SYK Stryker Corp. | Reduce -3.4% | 0.18% | −0.03 |
| ELV Elevance Health Inc. | Reduce -3.4% | 0.09% | −0.03 |
| COR Cencora Inc. | Reduce -16.6% | 0.13% | −0.03 |
| ICE Intercontinental Exchange Inc. | Reduce -7.8% | 0.11% | −0.03 |
| MRSH Marsh & McLennan Cos | Reduce -5.1% | 0.13% | −0.03 |
| LIN Linde PLC | Reduce -4.9% | 0.27% | −0.03 |
| CB Chubb Ltd. | Reduce -10.7% | 0.12% | −0.03 |
| AIG American International Group | Reduce -15.9% | 0.07% | −0.02 |
| LYB Lyondellbasell Indu Class A | Reduce -49.9% | 0.02% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| APP AppLovin Corp. Class A | Add +19.8% | 0.32% | +0.19 |
| PLTR Palantir Technologies Inc. Class A | Add +2.4% | 0.78% | +0.18 |
| ORCL Oracle Corp. | Add +1.8% | 0.91% | +0.18 |
| ABBV Abbvie Inc. | Add +2.7% | 0.85% | +0.15 |
| LRCX Lam Research Corp. | Add +0.1% | 0.38% | +0.09 |
| SPYX SS SPDR S&P 500 Foss FL ETF | New | 0.06% | +0.06 |
| HOOD Robinhood Markets Inc. Class A | Add +27.1% | 0.13% | +0.06 |
| DD Dupont DE Nemours Inc. | Add +113.6% | 0.08% | +0.05 |
| NEM Newmont Corp. | Add +13.6% | 0.13% | +0.05 |
| CVX Chevron Corp. | Add +13.2% | 0.32% | +0.04 |
| RBLX Roblox Corp. Class A | Add +11.9% | 0.14% | +0.04 |
| GEV GE Vernova Inc. | Add +1.3% | 0.32% | +0.03 |
| DDOG Datadog Inc. Class A | Add +46.3% | 0.10% | +0.03 |
| MNST Monster Beverage Corp. | Add +25.6% | 0.14% | +0.03 |
| SPG Simon Property Group Inc. | Add +13.9% | 0.14% | +0.03 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +4.5% | 0.09% | +0.03 |
| VLO Valero Energy Corp. | Add +8.9% | 0.10% | +0.02 |
| CMI Cummins Inc. | Add +14.5% | 0.08% | +0.02 |
| URI United Rentals Inc. | Add +8.6% | 0.09% | +0.02 |
| EFAX State Street SPDR MSCI Eafe | New | 0.02% | +0.02 |
| SOFI Sofi Technologies Inc. | Add +104.5% | 0.03% | +0.02 |
| CDNS Cadence Design SYS Inc. | Add +1.8% | 0.20% | +0.02 |
| PSX Phillips 66 | Add +19.9% | 0.08% | +0.02 |
| KEY Keycorp | Add +31.0% | 0.07% | +0.02 |
| RDDT Reddit Inc. Class A | Add +15.4% | 0.04% | +0.02 |
| RKLB Rocket Lab Corp. | Add +59.4% | 0.03% | +0.02 |
| TMUS T-Mobile US Inc. | Add +17.7% | 0.15% | +0.02 |
| P Everpure Inc. Class A | Add +2.5% | 0.05% | +0.02 |
| FIX Comfort Systems USA Inc. | Add +1.6% | 0.05% | +0.02 |
| BNY Bank of New York Mellon Corp. | Add +2.4% | 0.11% | +0.02 |
| BBY Best Buy Co. Inc. | Add +57.4% | 0.04% | +0.02 |
| CRH CRH PLC | Add +2.1% | 0.07% | +0.01 |
| EXPE Expedia Group Inc. | Add +8.6% | 0.06% | +0.01 |
| TPR Tapestry Inc. | Add +21.1% | 0.04% | +0.01 |
| IWV iShares Russell 3000 ETF | Add +70.6% | 0.03% | +0.01 |
| VRT Vertiv Holdings Co. Class A | Add +3.9% | 0.10% | +0.01 |
| KTOS Kratos Defense & Security | Add +99.0% | 0.02% | +0.01 |
| BEN Franklin Templeton Inc. | Add +234.0% | 0.02% | +0.01 |
| HST Host Hotels & Resorts Inc. | Add +24.5% | 0.05% | +0.01 |
| TLN Talen Energy Corp. | Add +130.6% | 0.02% | +0.01 |
| FDX FedEx Corp. | Add +15.2% | 0.10% | +0.01 |
| MO Altria Group Inc. | Add +2.8% | 0.12% | +0.01 |
| TEL Te Connectivity PLC | Add +2.5% | 0.05% | +0.01 |
| XYZ Block Inc. | Add +22.5% | 0.06% | +0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +7.7% | 0.06% | +0.01 |
| ADSK Autodesk Inc. | Add +9.5% | 0.16% | +0.01 |
| AFRM Affirm Holdings Inc. | Add +58.1% | 0.03% | +0.01 |
| PEP Pepsico Inc. | Add +2.9% | 0.27% | +0.01 |
| USB US Bancorp | Add +8.6% | 0.11% | +0.01 |
| INSM Insmed Inc. | Add +6.3% | 0.03% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,841 | $16.3B | NVDA, AAPL, MSFT, GOOGL, AVGO |
| Q1 2026 | 1,686 | $14.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 1,570 | $13.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,526 | $12.6B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 1,508 | $12.0B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,445 | $10.3B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,443 | $11.0B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 1,389 | $10.4B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,316 | $9.8B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 1,310 | $9.5B | MSFT, AAPL, NVDA, AMZN, META |