JOHNSON INVESTMENT COUNSEL INC

13F filer, CIK 821197, Cincinnati, OH

JOHNSON INVESTMENT COUNSEL INC reported $10,372,237,301 across 805 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-04-21. Its ten largest share positions make up 31.35% of the portfolio.

Filed 2025-04-21 (acceptance time not in the bulk data set), ingested 2026-10-07 18:25:06 UTC13F-HR 0001667731-25-000456

Period: 2025-03-31
Reported value: $10.4B
Holdings: 805
Top 10 weight: 31.35%
New: 66
Sold out: 50

Largest buys vs the previous quarter

Security	Shares change	Approx. value
ILOWnew	+3,590,667	$133M
AVYadded	+245,638	$43.7M
APOnew	+154,561	$21.2M
MSFTadded	+28,241	$10.6M
VEUadded	+168,408	$10.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
NOCreduced	-64,436	-$33M
UNHreduced	-29,522	-$15.5M
Vreduced	-22,393	-$7.85M
AXSreduced	-77,512	-$7.77M
SPGIreduced	-12,680	-$6.44M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0001667731-25-000456, largest first. % of portfolio is the value over $10,358,178,122, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
YUMCYUM CHINA HLDGS INC	10,896	$567K	0.01%	-57	Timeline
SPYMSPDR SERIES TRUST	8,622	$567K	0.01%	+48	Timeline
DVADAVITA INC	3,683	$563K	0.01%	-8	Timeline
KKELLANOVA	6,801	$561K	0.01%	0	Timeline
DRIDARDEN RESTAURANTS INC	2,697	$560K	0.01%	-98	Timeline
DALDELTA AIR LINES INC	12,528	$546K	0.01%	+1,846	Timeline
DISCOVER FINANCIAL SERVICESDISCOVER FINANCIAL SERVICES	3,189	$544K	0.01%	-60
SLYVSPDR SERIES TRUST	6,918	$542K	0.01%	+3	Timeline
GSKGSK PLC	13,988	$542K	0.01%	-5	Timeline
ICEINTERCONTINENTAL EXCHANGE IN	3,118	$538K	0.01%	-3	Timeline
TYTRI CONTL CORP	17,434	$535K	0.01%	+4	Timeline
TTTRANE TECHNOLOGIES PLC	1,577	$531K	0.01%	+290	Timeline
SCZISHARES TR	8,349	$530K	0.01%	+205	Timeline
LDOSLEIDOS HOLDINGS INC	3,929	$530K	0.01%	-625	Timeline
IJKISHARES TR	6,355	$529K	0.01%	0	Timeline
SHOPSHOPIFY INC	5,541	$529K	0.01%	+158	Timeline
VAWVANGUARD WORLD FD	2,764	$522K	0.01%	+118	Timeline
OXYOCCIDENTAL PETE CORP	10,518	$519K	0.01%	-190	Timeline
CAVACAVA GROUP INC	6,005	$519K	0.01%	+2,900	Timeline
FISFIDELITY NATL INFORMATION SV	6,932	$518K	<0.01%	-937	Timeline
IWYISHARES TR	2,448	$516K	<0.01%	new	Timeline
SOLVSOLVENTUM CORP	6,754	$514K	<0.01%	-5,953	Timeline
KYNKAYNE ANDERSON ENERGY INFRST	39,878	$512K	<0.01%	+8,244	Timeline
ACGLARCH CAP GROUP LTD	5,295	$509K	<0.01%	-3,463	Timeline
AVUVAMERICAN CENTY ETF TR	5,828	$508K	<0.01%	new	Timeline
DOWDOW HLDGS INC	14,528	$507K	<0.01%	-472	Timeline
TMUST-MOBILE US INC	1,896	$506K	<0.01%	+211	Timeline
WDAYWORKDAY INC	2,152	$503K	<0.01%	new	Timeline
VMIVALMONT INDS INC	1,757	$501K	<0.01%	0	Timeline
VONEVANGUARD SCOTTSDALE FDS	1,955	$496K	<0.01%	-146	Timeline
SUSAISHARES TR	4,299	$494K	<0.01%	0	Timeline
OGEOGE ENERGY CORP	10,721	$493K	<0.01%	+4,030	Timeline
REVGREV GROUP INC	15,444	$488K	<0.01%	0	Timeline
ADMARCHER DANIELS MIDLAND CO	10,071	$484K	<0.01%	-531	Timeline
ESGUISHARES TR	3,953	$482K	<0.01%	0	Timeline
FFORD MTR CO	47,938	$481K	<0.01%	-2,886	Timeline
EXCEXELON CORP	10,342	$477K	<0.01%	+550	Timeline
AIZASSURANT INC	2,256	$473K	<0.01%	-12	Timeline
NFGNATIONAL FUEL GAS CO	5,933	$470K	<0.01%	-434	Timeline
MUFGMITSUBISHI UFJ FINANCIAL GRO	34,360	$468K	<0.01%	-10,710	Timeline
KMIKINDER MORGAN INC DEL	16,369	$467K	<0.01%	+1,778	Timeline
CHRWC H ROBINSON WORLDWIDE IN	4,559	$467K	<0.01%	new	Timeline
IBBISHARES TR	3,641	$466K	<0.01%	-42	Timeline
CPAYCORPAY INC	1,321	$461K	<0.01%	0	Timeline
STZCONSTELLATION BRANDS INC	2,495	$458K	<0.01%	+187	Timeline
MEDPMEDPACE HLDGS INC	1,500	$457K	<0.01%	-70	Timeline
TELTE CONNECTIVITY PLC	3,223	$455K	<0.01%	new	Timeline
KKRKKR & CO INC	3,850	$445K	<0.01%	+37	Timeline
THFFFIRST FINANCIAL CORPORATION	9,000	$441K	<0.01%	+2,000	Timeline
EAELECTRONIC ARTS INC	3,035	$439K	<0.01%	+88	Timeline
GMGENERAL MTRS CO	9,316	$438K	<0.01%	-5,540	Timeline
TDGTRANSDIGM GROUP INC	315	$435K	<0.01%	+5	Timeline
NCNACCO INDS INC	12,742	$430K	<0.01%	0	Timeline
FOXAFOX CORP	7,530	$426K	<0.01%	0	Timeline
AAPADVANCE AUTO PARTS INC	10,773	$422K	<0.01%	+528	Timeline
FNDASCHWAB STRATEGIC TR	15,344	$420K	<0.01%	+3,520	Timeline
TMTOYOTA MOTOR CORP	2,373	$419K	<0.01%	-384	Timeline
ITUBITAU UNIBANCO HLDG S A	75,796	$417K	<0.01%	+21,001	Timeline
VXFVANGUARD INDEX FDS	2,408	$415K	<0.01%	+142	Timeline
PKGPACKAGING CORP AMER	2,060	$408K	<0.01%	-365	Timeline
CCICROWN CASTLE INC	3,907	$407K	<0.01%	+194	Timeline
MSTRSTRATEGY INC	1,407	$406K	<0.01%	-1,813	Timeline
BBYBEST BUY INC	5,495	$404K	<0.01%	-173	Timeline
FEFIRSTENERGY CORP	9,983	$403K	<0.01%	+366	Timeline
WATWATERS CORP	1,088	$401K	<0.01%	+4	Timeline
ABALLIANCEBERNSTEIN HLDG L P	10,434	$400K	<0.01%	0	Timeline
EFAVISHARES TR	5,096	$397K	<0.01%	-621	Timeline
MZTIMARZETTI COMPANY	2,259	$395K	<0.01%	+1	Timeline
PRKPARK NATL CORP	2,610	$395K	<0.01%	-723	Timeline
FUNSIX FLAGS ENTERTAINMENT CORP	11,077	$395K	<0.01%	new	Timeline
DDOMINION ENERGY INC	7,029	$394K	<0.01%	-4,364	Timeline
FSLRFIRST SOLAR INC	3,117	$394K	<0.01%	0	Timeline
FLEXFLEX LTD	11,862	$392K	<0.01%	0	Timeline
LNCLINCOLN NATL CORP IND	10,908	$392K	<0.01%	-50	Timeline
HBNCHORIZON BANCORP IND	25,867	$390K	<0.01%	0	Timeline
AZZAZZ INC	4,636	$388K	<0.01%	-787	Timeline
CTRACOTERRA ENERGY INC	13,372	$386K	<0.01%	-215	Timeline
MGAMAGNA INTL INC	11,349	$386K	<0.01%	0	Timeline
AYIACUITY INC	1,460	$384K	<0.01%	-5	Timeline
SLVPISHARES INC	25,615	$384K	<0.01%	0	Timeline
UTHRUNITED THERAPEUTICS CORP DEL	1,242	$383K	<0.01%	-3	Timeline
GIBCGI INC	3,834	$383K	<0.01%	+60	Timeline
SLBSLB LIMITED	9,139	$382K	<0.01%	-568	Timeline
SPEUSPDR INDEX SHS FDS	8,639	$380K	<0.01%	0	Timeline
MOATVANECK ETF TRUST	4,280	$377K	<0.01%	0	Timeline
DFICDIMENSIONAL ETF TRUST	13,561	$377K	<0.01%	new	Timeline
NTAPNETAPP INC	4,272	$375K	<0.01%	-846	Timeline
XHBSPDR SERIES TRUST	3,842	$372K	<0.01%	0	Timeline
CRSCARPENTER TECHNOLOGY CORP	2,043	$370K	<0.01%	-180	Timeline
ROKROCKWELL AUTOMATION INC	1,423	$368K	<0.01%	-64	Timeline
VGKVANGUARD INTL EQUITY INDEX F	5,223	$367K	<0.01%	+3	Timeline
CMGCHIPOTLE MEXICAN GRILL INC	7,258	$364K	<0.01%	-410	Timeline
MTUMISHARES TR	1,801	$364K	<0.01%	+67	Timeline
RMDRESMED INC	1,620	$363K	<0.01%	0	Timeline
GHCGRAHAM HLDGS CO	375	$360K	<0.01%	0	Timeline
BKRBAKER HUGHES COMPANY	8,191	$360K	<0.01%	new	Timeline
DSIISHARES TR	3,500	$358K	<0.01%	0	Timeline
FNDFSCHWAB STRATEGIC TR	9,911	$358K	<0.01%	+2,146	Timeline
WTMWHITE MTNS INS GROUP LTD	185	$356K	<0.01%	0	Timeline
TOTALENERGIES SE -SPON ADRTOTALENERGIES SE -SPON ADR	5,485	$355K	<0.01%	-50
SHESPDR SERIES TRUST	3,100	$354K	<0.01%	-250	Timeline
BIDUBAIDU INC	3,824	$352K	<0.01%	0	Timeline
BATRAATLANTA BRAVES HLDGS INC	8,001	$351K	<0.01%	0	Timeline
IFFINTERNATIONAL FLAVORS&FRAGRA	4,519	$351K	<0.01%	+1,014	Timeline
JBLJABIL INC	2,575	$350K	<0.01%	0	Timeline
ITTITT INC	2,710	$350K	<0.01%	-30	Timeline
KEYKEYCORP	21,776	$348K	<0.01%	-2,011	Timeline
WYWEYERHAEUSER CO	11,721	$343K	<0.01%	+888	Timeline
RYROYAL BK CDA	3,044	$343K	<0.01%	0	Timeline
DEODIAGEO PLC	3,234	$339K	<0.01%	+452	Timeline
TDTORONTO DOMINION BK ONT	5,635	$338K	<0.01%	-1,050	Timeline
CHDNCHURCHILL DOWNS INC	3,008	$334K	<0.01%	-100	Timeline
CFCF INDUSTRIES HOLD	4,260	$333K	<0.01%	new	Timeline
CDWCDW CORP	2,064	$331K	<0.01%	+736	Timeline
PSAPUBLIC STORAGE	1,103	$330K	<0.01%	-58	Timeline
CIBRFIRST TR EXCHANGE-TRADED FD	5,195	$327K	<0.01%	0	Timeline
BLDRBUILDERS FIRSTSOURCE INC	2,611	$326K	<0.01%	+58	Timeline
GENGEN DIGITAL INC	12,254	$325K	<0.01%	+3,700	Timeline
VSSVANGUARD INTL EQUITY INDEX F	2,802	$324K	<0.01%	+56	Timeline
XMHQINVESCO EXCHANGE TRADED FD T	3,520	$322K	<0.01%	-555	Timeline
SRESEMPRA	4,511	$322K	<0.01%	-61	Timeline
KBESPDR SERIES TRUST	6,075	$322K	<0.01%	0	Timeline
PRCHPORCH GROUP INC	44,012	$321K	<0.01%	-9,032	Timeline
PRFINVESCO EXCHANGE TRADED FD T	7,906	$319K	<0.01%	+1,226	Timeline
CNPCENTERPOINT ENERGY INC	8,725	$316K	<0.01%	-346	Timeline
MSGSMADISON SQUARE GRDN SPRT COR	1,622	$316K	<0.01%	+200	Timeline
THCTENET HEALTHCARE CORP	2,315	$311K	<0.01%	0	Timeline
NRGNRG ENERGY INC	3,251	$310K	<0.01%	+306	Timeline
OIO-I GLASS INC	26,976	$309K	<0.01%	0	Timeline
WORWORTHINGTON ENTERPRISES INC	6,175	$309K	<0.01%	0	Timeline
REGNREGENERON PHARMACEUTICALS	486	$308K	<0.01%	-1	Timeline
GTGOODYEAR TIRE & RUBR CO	33,302	$308K	<0.01%	new	Timeline
SPMOINVESCO EXCH TRADED FD TR II	3,325	$308K	<0.01%	0	Timeline
ITGARTNER INC	731	$307K	<0.01%	-12	Timeline
UMCUNITED MICROELECTRONICS CORP	42,800	$306K	<0.01%	-12,900	Timeline
APTVAPTIV PLC	5,130	$305K	<0.01%	new	Timeline
HALHALLIBURTON CO	12,028	$305K	<0.01%	-6,369	Timeline
CRWDCROWDSTRIKE HLDGS INC	860	$303K	<0.01%	+30	Timeline
MNSTMONSTER BEVERAGE CORP NEW	5,175	$303K	<0.01%	-194	Timeline
JMOMJ P MORGAN EXCHANGE TRADED F	5,300	$299K	<0.01%	0	Timeline
MOHMOLINA HEALTHCARE INC	904	$298K	<0.01%	0	Timeline
NGVTINGEVITY CORP	7,501	$297K	<0.01%	-37	Timeline
FDLOFIDELITY COVINGTON TRUST	4,893	$297K	<0.01%	-366	Timeline
NXPINXP SEMICONDUCTORS N V	1,547	$294K	<0.01%	-1,919	Timeline
ERIEERIE INDTY CO	700	$293K	<0.01%	0	Timeline
AWIARMSTRONG WORLD INDS INC NEW	2,079	$293K	<0.01%	0	Timeline
PAGPENSKE AUTOMOTIVE GRP INC	2,027	$292K	<0.01%	0	Timeline
XELXCEL ENERGY INC	4,118	$292K	<0.01%	-183	Timeline
OTEXOPEN TEXT CORP	11,500	$290K	<0.01%	0	Timeline
ADARRAY DIGITAL INFRASTRUCTURE	4,200	$290K	<0.01%	0	Timeline
ESEESCO TECHNOLOGIES INC	1,819	$289K	<0.01%	new	Timeline
SLGNSILGAN HLDGS INC	5,655	$289K	<0.01%	0	Timeline
CNCCENTENE CORP DEL	4,715	$286K	<0.01%	-214	Timeline
BNLBROADSTONE NET LEASE INC	16,777	$286K	<0.01%	0	Timeline
SANBANCO SANTANDER SA	42,640	$286K	<0.01%	-1,415	Timeline
DECKDECKERS OUTDOOR CORP	2,549	$285K	<0.01%	0	Timeline
WTRGESSENTIAL UTILS INC	7,105	$281K	<0.01%	+6	Timeline
WCNWASTE CONNECTIONS INC	1,439	$281K	<0.01%	0	Timeline
GATXGATX CORP	1,808	$281K	<0.01%	0	Timeline
ETRENTERGY CORP NEW	3,269	$279K	<0.01%	+93	Timeline
FTVFORTIVE CORP	3,790	$277K	<0.01%	-215	Timeline
FRMEFIRST MERCHANTS CORP	6,811	$275K	<0.01%	0	Timeline
MRVLMARVELL TECHNOLOGY INC	4,469	$275K	<0.01%	0	Timeline
VONVVANGUARD SCOTTSDALE FDS	3,331	$275K	<0.01%	+177	Timeline
HIIHUNTINGTON INGALLS INDS INC	1,339	$273K	<0.01%	new	Timeline
RDYDR REDDYS LABS LTD	20,660	$273K	<0.01%	-4,100	Timeline
FBCGFIDELITY COVINGTON TRUST	6,762	$270K	<0.01%	-2,296	Timeline
HRIHERC HLDGS INC	2,005	$269K	<0.01%	0	Timeline
SOUTHSTATE BANK CORPSOUTHSTATE BANK CORP	2,865	$266K	<0.01%	+23
SCHESCHWAB STRATEGIC TR	9,642	$266K	<0.01%	+602	Timeline
ASOACADEMY SPORTS & OUTDOORS IN	5,824	$266K	<0.01%	0	Timeline
MODMODINE MFG CO	3,446	$264K	<0.01%	+843	Timeline
JUNIPER NETWORKS INCJUNIPER NETWORKS INC	7,262	$263K	<0.01%	0
PWRQUANTA SVCS INC	1,031	$262K	<0.01%	-2	Timeline
TRITHOMSON REUTERS CORP	1,512	$261K	<0.01%	-1	Timeline
COFCAPITAL ONE FINL CORP	1,456	$261K	<0.01%	+100	Timeline
VFCV F CORP	16,730	$260K	<0.01%	-1,836	Timeline
SPGSIMON PPTY GROUP INC NEW	1,560	$259K	<0.01%	-278	Timeline
ADSKAUTODESK INC	989	$259K	<0.01%	-54	Timeline
PHOINVESCO EXCHANGE TRADED FD T	4,000	$258K	<0.01%	-49	Timeline
QXOQXO INC	19,000	$257K	<0.01%	0	Timeline
IDUISHARES TR	2,523	$256K	<0.01%	+170	Timeline
EFXEQUIFAX INC	1,044	$254K	<0.01%	-6	Timeline
GNRCGENERAC HLDGS INC	2,003	$254K	<0.01%	new	Timeline
PNWPINNACLE WEST CAP CORP	2,660	$253K	<0.01%	0	Timeline
COLBCOLUMBIA BKG SYS INC	10,087	$252K	<0.01%	-27	Timeline
ZIONZIONS BANCORPORATION NATL AS	5,020	$250K	<0.01%	0	Timeline
MRCYMERCURY SYS INC	5,807	$250K	<0.01%	-834	Timeline
WSBCWESBANCO INC	8,064	$250K	<0.01%	-1,849	Timeline
EQNREQUINOR ASA	9,407	$249K	<0.01%	-100	Timeline
WMSADVANCED DRAIN SYS INC DEL	2,274	$247K	<0.01%	-4	Timeline
HIHILLENBRAND INC	10,159	$245K	<0.01%	0	Timeline
GMEDGLOBUS MED INC	3,341	$245K	<0.01%	-577	Timeline
FXIISHARES TR	6,800	$244K	<0.01%	+200	Timeline
SPEMSPDR INDEX SHS FDS	6,175	$243K	<0.01%	-2,452	Timeline
BCSBARCLAYS PLC	15,716	$241K	<0.01%	0	Timeline
ENSENERSYS	2,630	$241K	<0.01%	0	Timeline
ELLAUDER ESTEE COS INC	3,647	$241K	<0.01%	-6,233	Timeline
EIXEDISON INTL	4,079	$240K	<0.01%	+7	Timeline
GLDMWORLD GOLD TR	3,873	$240K	<0.01%	new	Timeline
TCBITEXAS CAP BANCSHARES INC	3,202	$239K	<0.01%	0	Timeline
NBHCNATIONAL BK HLDGS CORP	6,239	$239K	<0.01%	0	Timeline
ROBOEXCHANGE TRADED CONCEPTS TRU	4,596	$237K	<0.01%	0	Timeline
EPPISHARES INC	5,335	$235K	<0.01%	0	Timeline
IUSGISHARES TR	1,848	$235K	<0.01%	new	Timeline
LNTHLANTHEUS HLDGS INC	2,398	$234K	<0.01%	0	Timeline
IEMGISHARES INC	4,315	$233K	<0.01%	new	Timeline
IXPISHARES TR	2,400	$233K	<0.01%	0	Timeline
LHLABCORP HOLDINGS INC	1,000	$233K	<0.01%	-216	Timeline
OKLOOKLO INC	10,728	$232K	<0.01%	0	Timeline
CVLTCOMMVAULT SYS INC	1,451	$229K	<0.01%	+91	Timeline
CGWINVESCO EXCH TRADED FD TR II	4,108	$229K	<0.01%	new	Timeline
CAGCONAGRA BRANDS INC	8,570	$229K	<0.01%	-157	Timeline
FASTFASTENAL CO	2,942	$228K	<0.01%	-513	Timeline
URIUNITED RENTALS INC	362	$227K	<0.01%	+63	Timeline
MATXMATSON INC	1,766	$226K	<0.01%	0	Timeline
BAXBAXTER INTL INC	6,601	$226K	<0.01%	-1,165	Timeline
AHCOADAPTHEALTH CORP	20,779	$225K	<0.01%	0	Timeline
SYBTSTOCK YDS BANCORP INC	3,233	$223K	<0.01%	new	Timeline
XLBSELECT SECTOR SPDR TR	2,595	$223K	<0.01%	-80	Timeline
SMCISUPER MICRO COMPUTER INC	6,510	$223K	<0.01%	new	Timeline
IEVISHARES TR	3,826	$223K	<0.01%	new	Timeline
CADECADENCE BANK	7,317	$222K	<0.01%	+578	Timeline
FOURSHIFT4 PMTS INC	2,717	$222K	<0.01%	-350	Timeline
SPYGSPDR SERIES TRUST	2,753	$221K	<0.01%	-984	Timeline
DFEMDIMENSIONAL ETF TRUST	8,353	$221K	<0.01%	new	Timeline
SPDWSPDR INDEX SHS FDS	6,037	$220K	<0.01%	-788	Timeline
ANETARISTA NETWORKS INC	2,827	$219K	<0.01%	new	Timeline
SYNASYNAPTICS INC	3,395	$216K	<0.01%	new	Timeline
ASXASE TECHNOLOGY HLDG CO LTD	24,650	$216K	<0.01%	new	Timeline
FLSFLOWSERVE CORP	4,418	$216K	<0.01%	new	Timeline
CFRCULLEN FROST BANKERS INC	1,723	$216K	<0.01%	+5	Timeline
SWXSOUTHWEST GAS HLDGS INC	3,000	$215K	<0.01%	0	Timeline
SRPTSAREPTA THERAPEUTICS INC	3,373	$215K	<0.01%	-15	Timeline
APOGAPOGEE ENTERPRISES INC	4,633	$215K	<0.01%	+663	Timeline
CDNSCADENCE DESIGN SYSTEM INC	843	$214K	<0.01%	-11	Timeline
FBINFORTUNE BRANDS INNOVATIONS I	3,517	$214K	<0.01%	0	Timeline
OHIOMEGA HEALTHCARE INVS INC	5,596	$213K	<0.01%	-7,551	Timeline
NEMNEWMONT CORP	4,409	$213K	<0.01%	new	Timeline
LNGCHENIERE ENERGY INC	910	$211K	<0.01%	new	Timeline
SBCFSEACOAST BKG CORP FLA	8,181	$210K	<0.01%	0	Timeline
ACWIISHARES TR	1,799	$209K	<0.01%	new	Timeline
THGHANOVER INS GROUP INC	1,203	$209K	<0.01%	new	Timeline
MOTIVANECK ETF TRUST	6,280	$209K	<0.01%	new	Timeline
SFLRINNOVATOR ETFS TRUST	6,630	$208K	<0.01%	0	Timeline
ESIELEMENT SOLUTIONS INC	9,200	$208K	<0.01%	0	Timeline
FQALFIDELITY COVINGTON TRUST	3,242	$208K	<0.01%	-168	Timeline
OREALTY INCOME CORP	3,581	$208K	<0.01%	new	Timeline
TEAMATLASSIAN CORPORATION	978	$208K	<0.01%	+60	Timeline
TSNTYSON FOODS INC	3,245	$207K	<0.01%	new	Timeline
BIIBBIOGEN INC	1,513	$207K	<0.01%	-166	Timeline
CNICANADIAN NATL RY CO	2,116	$206K	<0.01%	-195	Timeline
AQNALGONQUIN POWER & UTILITIES	40,000	$206K	<0.01%	0	Timeline
BDCBELDEN INC	2,040	$205K	<0.01%	0	Timeline
FHLCFIDELITY COVINGTON TRUST	2,989	$204K	<0.01%	new	Timeline
SPTMSPDR SERIES TRUST	3,001	$204K	<0.01%	-11	Timeline
SOXXISHARES TR	1,083	$204K	<0.01%	-320	Timeline
MWAMUELLER WTR PRODS INC	8,000	$203K	<0.01%	new	Timeline
MLMMARTIN MARIETTA MATLS INC	423	$202K	<0.01%	-30	Timeline
PKXPOSCO HOLDINGS INC	4,235	$201K	<0.01%	new	Timeline
ICUIICU MED INC	1,443	$200K	<0.01%	0	Timeline
VTRSVIATRIS INC	22,034	$192K	<0.01%	-3,432	Timeline
NXQUANEX BLDG PRODS CORP	10,200	$190K	<0.01%	new	Timeline
FCFFIRST COMWLTH FINL CORP PA	11,939	$186K	<0.01%	0	Timeline
AMXAMERICA MOVIL SAB DE CV	12,318	$175K	<0.01%	-366	Timeline
CXCEMEX SAB DE CV	30,625	$172K	<0.01%	0	Timeline
MGNIMAGNITE INC	14,909	$170K	<0.01%	-7,059	Timeline
WENWENDYS CO	11,425	$167K	<0.01%	-18	Timeline
STKLSUNOPTA INC	34,244	$166K	<0.01%	+7,246	Timeline
INDIINDIE SEMICONDUCTOR INC	80,349	$164K	<0.01%	new	Timeline
HPEHEWLETT PACKARD ENTERPRISE C	10,203	$157K	<0.01%	new	Timeline
NVRIENVIRI CORP	23,102	$154K	<0.01%	0	Timeline
CRGYCRESCENT ENERGY COMPANY	13,222	$149K	<0.01%	0	Timeline
SIBNSI BONE INC	10,516	$148K	<0.01%	new	Timeline
WBDWARNER BROS DISCOVERY INC	13,650	$146K	<0.01%	+2,019	Timeline
NWGNATWEST GROUP PLC	10,306	$123K	<0.01%	0	Timeline
AEGAEGON LTD	15,872	$105K	<0.01%	new	Timeline
NEONEOGENOMICS INC	10,906	$103K	<0.01%	+700	Timeline
SPIRSPIRE GLOBAL INC	12,213	$98.8K	<0.01%	new	Timeline
SIDCOMPANHIA SIDERURGICA NACION	57,100	$95.4K	<0.01%	0	Timeline
RPAYREPAY HLDGS CORP	16,600	$92.5K	<0.01%	0	Timeline
APLDAPPLIED DIGITAL CORP	16,100	$90.5K	<0.01%	new	Timeline
GABGABELLI EQUITY TR INC	15,712	$86.6K	<0.01%	+327	Timeline
LWLGLIGHTWAVE LOGIC INC	82,972	$85K	<0.01%	+71,507	Timeline
GGBGERDAU SA	28,300	$80.4K	<0.01%	-4,460	Timeline
Vivid Seats IncVivid Seats Inc	23,691	$70.1K	<0.01%	new
CCLDCARECLOUD INC	50,000	$69.5K	<0.01%	new	Timeline
DIREXION SHS ETF TRDIREXION SHS ETF TR	10,691	$60.2K	<0.01%	new
LYGLLOYDS BANKING GROUP PLC	13,872	$53K	<0.01%	+370	Timeline
SSPSCRIPPS E W CO OHIO	14,743	$43.6K	<0.01%	-500	Timeline
SLQTSELECTQUOTE INC	10,350	$34.6K	<0.01%	new	Timeline
CLNECLEAN ENERGY FUELS CORP	14,158	$21.9K	<0.01%	+133	Timeline
FLNAFILANA THERAPEUTICS INC	12,000	$18K	<0.01%	0	Timeline
TVGRUPO TELEVISA S A B	10,000	$17.5K	<0.01%	0	Timeline
MOOLEC SCIENCE SAMOOLEC SCIENCE SA	12,500	$7K	<0.01%	0
STEM INCSTEM INC	10,000	$3.5K	<0.01%	new
MOOLEC SCIENCE SAMOOLEC SCIENCE SA	50,000	$425	<0.01%	0

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
SPYSTATE STR SPDR S&P 500 ETF T SHS	call	11,200	$6.27M	new
AXONAXON ENTERPRISE INC STOK	put	7,400	$3.89M	new
LLYELI LILLY & CO COM	put	3,000	$2.48M	new
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	1,600	$895K	new
AXPAMERICAN EXPRESS CO COM	call	1,000	$269K	new
AAPLAPPLE INC COM	call	600	$133K	new
AAPLAPPLE INC COM	put	500	$111K	new
IBOIMPACT BIOMEDICAL INC COMMON STOCK	call	18,200	$15.8K	new

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
IBITISHARES BITCOIN TRUST ETF	66,654	$3.54M	shares
QIAGEN NVQIAGEN NV	58,340	$2.6M	shares
BEACON ROOFING SUPPLY INCBEACON ROOFING SUPPLY INC	17,310	$1.76M	shares
IGVISHARES TR	13,985	$1.4M	shares
VTWVVANGUARD SCOTTSDALE FDS	6,965	$1.01M	shares
FBTCFIDELITY WISE ORIGIN BITCOIN	11,091	$905K	shares
FTGCFIRST TR EXCHANGE TRAD FD VI	27,921	$668K	shares
LENLENNAR CORP	4,252	$580K	shares
GLDSPDR GOLD TR	10,308	$536K	shares
UUNITY SOFTWARE INC	22,774	$512K	shares
OMCOMNICOM GROUP INC	5,747	$494K	shares
STLDSTEEL DYNAMICS INC	4,130	$471K	shares
POSEIDA THERAPEUTICS INCPOSEIDA THERAPEUTICS INC	43,600	$419K	shares
NVRNVR INC	49	$401K	shares
TTDTHE TRADE DESK INC	3,243	$381K	shares
SUMMIT MATERIALS INC CLASS ASUMMIT MATERIALS INC CLASS A	6,783	$343K	shares
IRMIRON MTN INC DEL	3,231	$340K	shares
BGBUNGE GLOBAL SA	3,630	$282K	shares
SPHQINVESCO EXCHANGE TRADED FD T	4,087	$274K	shares
BWABORGWARNER INC	8,433	$268K	shares
ONON SEMICONDUCTOR CORP	4,027	$254K	shares
LULULULULEMON ATHLETICA INC	655	$250K	shares
SHAKSHAKE SHACK INC	1,920	$249K	shares
ULTAULTA BEAUTY INC	572	$249K	shares
MGCVANGUARD WORLD FD	1,151	$245K	shares
DELLDELL TECHNOLOGIES INC	2,065	$238K	shares
IXORIX CORP	2,159	$229K	shares
VSTVISTRA CORP	1,662	$229K	shares
PIOINVESCO EXCH TRADED FD TR II	4,208	$228K	shares
MOSMOSAIC CO	9,181	$226K	shares
PSNPARSONS CORP DEL	2,386	$220K	shares
BNBROOKFIELD CORP	3,783	$217K	shares
AAGILENT TECHNOLOGIES INC	1,617	$217K	shares
SMHVANECK ETF TRUST	891	$216K	shares
MNROMONRO INC	8,549	$212K	shares
HLTHILTON WORLDWIDE HLDGS INC	845	$209K	shares
URAGLOBAL X FDS	7,754	$208K	shares
EMNEASTMAN CHEM CO	2,267	$207K	shares
FDMFIRST TR EXCHANGE-TRADED FD	851	$207K	shares
LWLAMB WESTON HLDGS INC	3,095	$207K	shares
SXISTANDEX INTL CORP	1,100	$206K	shares
GDENGOLDEN ENTMT INC	6,500	$205K	shares
HLIHOULIHAN LOKEY INC	1,176	$204K	shares
BF-BBROWN FORMAN CORP	5,306	$202K	shares
EVHEVOLENT HEALTH INC	11,607	$131K	shares
ARCADIUM LITHIUM PLCARCADIUM LITHIUM PLC	24,432	$125K	shares
WULFTERAWULF INC	20,000	$113K	shares
GERNGERON CORP	30,496	$108K	shares
TECLDIREXION SHARES ETF TRUST	10,691	$68.1K	shares
CTSOCYTOSORBENTS CORP	11,534	$10.5K	shares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001667731-25-000456	base		2025-04-21	acceptance time not in the bulk data set	2026-10-07 18:25:06 UTC