Perennial Investment Advisors, LLC

13F filer, CIK 1801523, Los Angeles, CA

Perennial Investment Advisors, LLC reported $1,035,516,374 across 475 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-11. Its ten largest share positions make up 32% of the portfolio.

Filed 2025-08-11 (acceptance time not in the bulk data set), ingested 2026-10-07 18:23:11 UTC13F-HR 0001941040-25-000476

Period: 2025-06-30
Reported value: $1.04B
Holdings: 475
Top 10 weight: 32%
New: 70
Sold out: 29

Largest buys vs the previous quarter

Security	Shares change	Approx. value
SPHQadded	+124,616	$8.88M
TLTadded	+62,292	$5.5M
THROnew	+143,031	$5.09M
IEMGadded	+74,868	$4.49M
QUSadded	+27,022	$4.41M

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
SPGPreduced	-87,038	-$9.37M
UCONreduced	-340,078	-$8.46M
EMXCreduced	-120,675	-$7.62M
NTSXreduced	-58,194	-$2.91M
NVDAreduced	-18,203	-$2.88M

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, Q2 2025

Share positions as resolved from 13F-HR 0001941040-25-000476, largest first. % of portfolio is the value over $1,030,803,738, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
SPYGSPDR SERIES TRUST	536,744	$51.2M	4.96%	+3,547	Timeline
SPYVSPDR SERIES TRUST	819,774	$42.9M	4.16%	+64,905	Timeline
QUSSPDR SERIES TRUST	244,173	$39.8M	3.86%	+27,022	Timeline
NVDANVIDIA CORPORATION	215,246	$34M	3.3%	-18,203	Timeline
AAPLAPPLE INC	159,664	$32.8M	3.18%	-6,934	Timeline
SPHQINVESCO EXCHANGE TRADED FD T	449,341	$32M	3.11%	+124,616	Timeline
IWYISHARES TR	111,677	$27.5M	2.67%	+12,511	Timeline
IYWISHARES TR	148,940	$25.8M	2.51%	+14,186	Timeline
RDVYFIRST TR EXCHANGE TRADED FD	388,880	$24.4M	2.37%	+50,493	Timeline
QUALISHARES TR	106,398	$19.5M	1.89%	+10,526	Timeline
MSFTMICROSOFT CORP	35,721	$17.8M	1.72%	+1,923	Timeline
DYNFBLACKROCK ETF TRUST	315,275	$17.2M	1.67%	-11,867	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	27,517	$17M	1.65%	+442	Timeline
AMZNAMAZON COM INC	72,794	$16M	1.55%	+1,325	Timeline
SPGPINVESCO EXCHANGE TRADED FD T	143,220	$15.4M	1.5%	-87,038	Timeline
VTIVANGUARD INDEX FDS	41,326	$12.6M	1.22%	-369	Timeline
TLTISHARES TR	141,264	$12.5M	1.21%	+62,292	Timeline
QQQINVESCO QQQ TR	19,211	$10.6M	1.03%	+1,174	Timeline
SPYMSPDR SERIES TRUST	141,967	$10.3M	1%	+19,673	Timeline
BRK-BBERKSHIRE HATHAWAY INC DEL	20,467	$9.94M	0.96%	-1,578	Timeline
COWZPACER FDS TR	175,876	$9.69M	0.94%	+16,459	Timeline
VUGVANGUARD INDEX FDS	22,105	$9.69M	0.94%	+1,023	Timeline
VGTVANGUARD WORLD FD	14,150	$9.39M	0.91%	+342	Timeline
CLIPGLOBAL X FDS	91,273	$9.17M	0.89%	+1,337	Timeline
TSLATESLA INC	28,252	$8.97M	0.87%	+2,586	Timeline
IVVISHARES TR	13,672	$8.49M	0.82%	-4,406	Timeline
VTVVANGUARD INDEX FDS	45,648	$8.07M	0.78%	+5,640	Timeline
METAMETA PLATFORMS INC	10,611	$7.83M	0.76%	+1,057	Timeline
NTSXWISDOMTREE TR	130,587	$6.54M	0.63%	-58,194	Timeline
IEMGISHARES INC	107,326	$6.44M	0.63%	+74,868	Timeline
MTUMISHARES TR	25,094	$6.04M	0.59%	+2,241	Timeline
OBDCBLUE OWL CAPITAL CORPORATION	419,418	$6.01M	0.58%	+14,834	Timeline
XLKSELECT SECTOR SPDR TR	22,717	$5.75M	0.56%	+4,069	Timeline
AVGOBROADCOM INC	20,532	$5.66M	0.55%	-340	Timeline
SDYSPDR SERIES TRUST	40,924	$5.55M	0.54%	+4,617	Timeline
OMFLINVESCO EXCH TRD SLF IDX FD	94,850	$5.48M	0.53%	-34,752	Timeline
OEFISHARES TR	17,062	$5.2M	0.5%	+7,188	Timeline
XMHQINVESCO EXCHANGE TRADED FD T	52,676	$5.18M	0.5%	-1,877	Timeline
SPMDSPDR SERIES TRUST	94,616	$5.15M	0.5%	-2,857	Timeline
PLTRPALANTIR TECHNOLOGIES INC	37,649	$5.13M	0.5%	-862	Timeline
SPSMSPDR SERIES TRUST	119,465	$5.09M	0.49%	+5,863	Timeline
THROBLACKROCK ETF TRUST	143,031	$5.09M	0.49%	new	Timeline
GOOGLALPHABET INC	27,804	$4.9M	0.48%	-792	Timeline
XLISELECT SECTOR SPDR TR	32,095	$4.74M	0.46%	+5,091	Timeline
UCONFIRST TR EXCHNG TRADED FD VI	189,612	$4.72M	0.46%	-340,078	Timeline
BILSPDR SERIES TRUST	50,090	$4.59M	0.45%	+492	Timeline
VEAVANGUARD TAX-MANAGED FDS	80,074	$4.57M	0.44%	+14,767	Timeline
CGGRCAPITAL GROUP GROWTH ETF	110,631	$4.5M	0.44%	+25,835	Timeline
SPTMSPDR SERIES TRUST	59,892	$4.49M	0.44%	-29,329	Timeline
RWLINVESCO EXCH TRADED FD TR II	41,305	$4.31M	0.42%	+338	Timeline
SFLRINNOVATOR ETFS TRUST	123,088	$4.13M	0.4%	+15,076	Timeline
COSTCOSTCO WHOLESALE CORPORATION	4,167	$4.13M	0.4%	+150	Timeline
GOOGALPHABET INC	23,141	$4.11M	0.4%	-101	Timeline
IJRISHARES TR	36,061	$3.94M	0.38%	-720	Timeline
CGDVCAPITAL GROUP DIVIDEND VALUE	97,845	$3.86M	0.37%	+85,795	Timeline
IAUISHARES GOLD TR	61,169	$3.81M	0.37%	+9,398	Timeline
ENVXENOVIX CORPORATION	366,100	$3.79M	0.37%	+122,278	Timeline
CLMCORNERSTONE STRATEGIC INVEST	451,228	$3.66M	0.36%	+14,271	Timeline
NFLXNETFLIX INC.	2,703	$3.62M	0.35%	-49	Timeline
CRFCORNERSTONE TOTAL RETURN FD	457,215	$3.54M	0.34%	+51,075	Timeline
HGERHARBOR ETF TRUST	144,876	$3.52M	0.34%	+14,200	Timeline
CGGOCAPITAL GROUP GBL GROWTH EQT	110,014	$3.52M	0.34%	+41,067	Timeline
FTCSFIRST TR EXCHANGE-TRADED FD	38,498	$3.5M	0.34%	-5,153	Timeline
JAVAJ P MORGAN EXCHANGE TRADED F	53,410	$3.5M	0.34%	+39,435	Timeline
AIQGLOBAL X FDS	78,952	$3.45M	0.33%	+4,006	Timeline
IAGGISHARES TR	65,636	$3.35M	0.33%	new	Timeline
IJHISHARES TR	52,480	$3.25M	0.32%	-1,618	Timeline
CGUSCAPITAL GROUP CORE EQUITY ET	86,113	$3.18M	0.31%	+24,655	Timeline
KOCOCA COLA CO	44,791	$3.17M	0.31%	+864	Timeline
IWFISHARES TR	7,421	$3.15M	0.31%	-700	Timeline
JEPQJ P MORGAN EXCHANGE TRADED F	57,285	$3.12M	0.3%	+3,443	Timeline
NEARISHARES U S ETF TR	60,330	$3.08M	0.3%	+990	Timeline
VOOVANGUARD INDEX FDS	5,298	$3.01M	0.29%	+82	Timeline
BUFRFIRST TR EXCHNG TRADED FD VI	94,562	$3.01M	0.29%	-2,433	Timeline
BUFDFIRST TR EXCHNG TRADED FD VI	112,101	$2.98M	0.29%	new	Timeline
BAIBLACKROCK ETF TRUST	101,984	$2.94M	0.29%	new	Timeline
SLYVSPDR SERIES TRUST	36,759	$2.93M	0.28%	-2,759	Timeline
JPMJPMORGAN CHASE & CO	10,060	$2.92M	0.28%	+341	Timeline
SLYGSPDR SERIES TRUST	32,275	$2.87M	0.28%	-1,605	Timeline
OUNZVANECK MERK GOLD ETF	88,807	$2.83M	0.27%	+80,332	Timeline
VVISA INC	7,866	$2.79M	0.27%	+260	Timeline
DGROISHARES TR	40,815	$2.61M	0.25%	+5,360	Timeline
STIPISHARES TR	25,323	$2.61M	0.25%	new	Timeline
FTHIFIRST TR EXCHANGE TRADED FD	113,774	$2.6M	0.25%	+2,657	Timeline
MSTRSTRATEGY INC	6,182	$2.5M	0.24%	-779	Timeline
VOVANGUARD INDEX FDS	8,905	$2.49M	0.24%	+2,065	Timeline
XLCSELECT SECTOR SPDR TR	22,430	$2.43M	0.24%	+5,071	Timeline
EMXCISHARES INC	38,069	$2.4M	0.23%	-120,675	Timeline
SPYINEOS ETF TRUST	47,252	$2.38M	0.23%	+41,925	Timeline
SLVISHARES SILVER TR	70,163	$2.3M	0.22%	+36,428	Timeline
CGMSCAPITAL GRP FIXED INCM ETF T	82,144	$2.27M	0.22%	+30,235	Timeline
DISDISNEY WALT CO	17,990	$2.23M	0.22%	-83	Timeline
CRWDCROWDSTRIKE HLDGS INC	4,346	$2.21M	0.21%	+422	Timeline
VIGVANGUARD SPECIALIZED FUNDS	10,716	$2.19M	0.21%	-598	Timeline
LVHILEGG MASON ETF INVT	67,153	$2.19M	0.21%	+14,146	Timeline
ESGUISHARES TR	15,944	$2.16M	0.21%	+5	Timeline
JGROJ P MORGAN EXCHANGE TRADED F	24,891	$2.14M	0.21%	+3,335	Timeline
GLDSPDR GOLD TR	6,970	$2.12M	0.21%	+252	Timeline
SPDWSPDR INDEX SHS FDS	51,311	$2.08M	0.2%	+3,263	Timeline
FVDFIRST TR EXCHANGE-TRADED FD	46,426	$2.08M	0.2%	-10,122	Timeline
ORCLORACLE CORP	9,382	$2.05M	0.2%	+232	Timeline
JPSTJ P MORGAN EXCHANGE TRADED F	40,374	$2.05M	0.2%	-550	Timeline
SOFISOFI TECHNOLOGIES INC	111,525	$2.03M	0.2%	+10,808	Timeline
LQDISHARES TR	18,341	$2.01M	0.2%	+2,351	Timeline
PANWPALO ALTO NETWORKS INC	9,758	$2M	0.19%	-453	Timeline
WINNHARBOR ETF TRUST	68,330	$1.99M	0.19%	+3,011	Timeline
XLFSELECT SECTOR SPDR TR	37,048	$1.94M	0.19%	-165	Timeline
CVXCHEVRON CORPORATION	13,288	$1.9M	0.18%	+318	Timeline
IVWISHARES TR	17,222	$1.9M	0.18%	-1,250	Timeline
XLVSELECT SECTOR SPDR TR	13,643	$1.84M	0.18%	+260	Timeline
PTLCPACER FDS TR	35,790	$1.82M	0.18%	-4,306	Timeline
EFAISHARES TR	19,420	$1.74M	0.17%	-902	Timeline
CGNGCAPITAL GROUP NEW GEOGRAPHY	60,248	$1.74M	0.17%	+15,117	Timeline
TSMTAIWAN SEMICONDUCTOR MANUFAC	7,664	$1.74M	0.17%	+337	Timeline
IWPISHARES TR	12,473	$1.73M	0.17%	-231	Timeline
CGCPCAPITAL GRP FIXED INCM ETF T	76,767	$1.73M	0.17%	+28,152	Timeline
VBVANGUARD INDEX FDS	7,255	$1.72M	0.17%	-1,324	Timeline
AVEMAMERICAN CENTY ETF TR	25,082	$1.72M	0.17%	new	Timeline
FPEFIRST TR EXCH TRADED FD III	95,708	$1.7M	0.17%	+4,982	Timeline
PAVEGLOBAL X FDS	38,829	$1.69M	0.16%	-14,916	Timeline
CRMSALESFORCE INC	6,127	$1.67M	0.16%	+264	Timeline
EUSBISHARES TR	38,233	$1.67M	0.16%	+22	Timeline
CALFPACER FDS TR	41,672	$1.66M	0.16%	+10,085	Timeline
IBMINTERNATIONAL BUSINESS MACHS	5,568	$1.64M	0.16%	+296	Timeline
IEFAISHARES TR	19,469	$1.63M	0.16%	-4,692	Timeline
IWMISHARES TR	7,468	$1.61M	0.16%	+535	Timeline
SGOVISHARES TR	15,903	$1.6M	0.16%	+2,826	Timeline
WMTWALMART INC	16,309	$1.59M	0.15%	+225	Timeline
HYGISHARES TR	19,304	$1.56M	0.15%	+4,351	Timeline
HIMUBLACKROCK ETF TRUST II	31,177	$1.52M	0.15%	+8,489	Timeline
SHOPSHOPIFY INC	13,108	$1.51M	0.15%	-785	Timeline
ISCGISHARES TR	30,280	$1.51M	0.15%	+7,579	Timeline
XSMOINVESCO EXCHANGE TRADED FD T	21,947	$1.49M	0.14%	+8,518	Timeline
JMSTJ P MORGAN EXCHANGE TRADED F	29,249	$1.49M	0.14%	+453	Timeline
LLYELI LILLY & CO	1,868	$1.46M	0.14%	+57	Timeline
XLESELECT SECTOR SPDR TR	16,949	$1.44M	0.14%	+1,322	Timeline
HDHOME DEPOT INC	3,851	$1.41M	0.14%	+112	Timeline
IUSGISHARES TR	9,384	$1.41M	0.14%	+302	Timeline
ISRGINTUITIVE SURGICAL INC	2,587	$1.41M	0.14%	+166	Timeline
IWRISHARES TR	15,273	$1.4M	0.14%	-1,159	Timeline
IVEISHARES TR	7,178	$1.4M	0.14%	+87	Timeline
GLDMWORLD GOLD TR	21,217	$1.39M	0.13%	+5,414	Timeline
PEPPEPSICO INC	10,230	$1.35M	0.13%	+148	Timeline
XOMEXXON MOBIL CORP	12,511	$1.35M	0.13%	+645	Timeline
CSCOCISCO SYS INC	19,363	$1.34M	0.13%	+504	Timeline
MAMASTERCARD INCORPORATED	2,388	$1.34M	0.13%	+74	Timeline
FSKFS KKR CAP CORP	63,760	$1.32M	0.13%	+880	Timeline
LMBSFIRST TR EXCHANGE-TRADED FD	26,838	$1.32M	0.13%	-4,132	Timeline
XLYSELECT SECTOR SPDR TR	6,071	$1.32M	0.13%	-1,259	Timeline
USMVISHARES TR	14,004	$1.31M	0.13%	+50	Timeline
IWDISHARES TR	6,755	$1.31M	0.13%	+168	Timeline
ESGDISHARES TR	14,221	$1.27M	0.12%	+271	Timeline
MOATVANECK ETF TRUST	13,514	$1.27M	0.12%	-681	Timeline
GSUSGOLDMAN SACHS ETF TR	14,643	$1.25M	0.12%	+353	Timeline
BACBANK OF AMER CORP	26,275	$1.24M	0.12%	+723	Timeline
IBITISHARES BITCOIN TRUST ETF	19,811	$1.21M	0.12%	+4,505	Timeline
BIZDVANECK ETF TRUST	74,420	$1.21M	0.12%	-3,316	Timeline
BNDVANGUARD BD INDEX FDS	16,451	$1.21M	0.12%	-628	Timeline
EFIVSPDR SERIES TRUST	20,662	$1.21M	0.12%	+1,433	Timeline
GEGE AEROSPACE	4,671	$1.2M	0.12%	+49	Timeline
GSIEGOLDMAN SACHS ETF TR	29,566	$1.17M	0.11%	+292	Timeline
SMHVANECK ETF TRUST	4,176	$1.16M	0.11%	+340	Timeline
DBMFIM GLOBAL PARTNER FUNDS	44,928	$1.16M	0.11%	+19,028	Timeline
GEVGE VERNOVA INC	2,182	$1.15M	0.11%	+9	Timeline
FYXFIRST TR EXCHANGE-TRADED ALP	11,864	$1.15M	0.11%	-6,335	Timeline
IUSBISHARES TR	24,880	$1.15M	0.11%	-4,922	Timeline
CPTLGLOBAL X FDS	28,313	$1.14M	0.11%	-3,864	Timeline
ESGEISHARES INC	28,670	$1.12M	0.11%	+872	Timeline
SPMOINVESCO EXCH TRADED FD TR II	9,804	$1.1M	0.11%	-2,335	Timeline
SPLVINVESCO EXCH TRADED FD TR II	14,989	$1.09M	0.11%	+69	Timeline
RSPINVESCO EXCHANGE TRADED FD T	5,929	$1.08M	0.1%	+53	Timeline
VZVERIZON COMMUNICATIONS INC	24,500	$1.06M	0.1%	+1,794	Timeline
AMDADVANCED MICRO DEVICES INC	7,463	$1.06M	0.1%	+1,784	Timeline
CGHMCAPITAL GRP FIXED INCM ETF T	42,836	$1.06M	0.1%	+34,370	Timeline
TAT&T INC	35,392	$1.02M	0.1%	+1,346	Timeline
DFACDIMENSIONAL ETF TRUST	28,067	$1.01M	0.1%	0	Timeline
MBBISHARES TR	10,654	$1M	0.1%	-1,096	Timeline
GOVTISHARES TR	43,288	$995K	0.1%	-2,109	Timeline
TOTLSSGA ACTIVE ETF TR	24,526	$984K	0.1%	-1,109	Timeline
JHMLJOHN HANCOCK EXCHANGE TRADED	13,335	$978K	0.09%	-1,122	Timeline
FDNFIRST TR EXCHANGE-TRADED FD	3,589	$967K	0.09%	+435	Timeline
PGPROCTER & GAMBLE CO	6,006	$957K	0.09%	-20	Timeline
IUSVISHARES TR	10,083	$954K	0.09%	+475	Timeline
AGGISHARES TR	9,522	$945K	0.09%	-199	Timeline
USXFISHARES TR	17,511	$944K	0.09%	-472	Timeline
JNJJOHNSON & JOHNSON	6,026	$921K	0.09%	+659	Timeline
BABOEING CO	4,301	$901K	0.09%	-153	Timeline
VBRVANGUARD INDEX FDS	4,587	$895K	0.09%	-88	Timeline
WFCWELLS FARGO & CO	11,071	$887K	0.09%	+1,046	Timeline
EPRTESSENTIAL PPTYS RLTY TR INC	27,494	$877K	0.09%	-1,171	Timeline
SPTISPDR SERIES TRUST	29,824	$858K	0.08%	-243	Timeline
AMGNAMGEN INC	2,978	$831K	0.08%	+112	Timeline
VBKVANGUARD INDEX FDS	2,982	$826K	0.08%	-297	Timeline
OREALTY INCOME CORP	14,325	$825K	0.08%	-3,214	Timeline
ADIANALOG DEVICES INC	3,460	$824K	0.08%	+103	Timeline
ASMLASML HLDG NV	1,027	$823K	0.08%	-8	Timeline
UNHUNITEDHEALTH GROUP INC	2,625	$819K	0.08%	-134	Timeline
BCATBLACKROCK CAP ALLOCATION TER	53,656	$812K	0.08%	+6,163	Timeline
EFVISHARES TR	12,736	$808K	0.08%	+3,034	Timeline
SPEMSPDR INDEX SHS FDS	18,317	$783K	0.08%	-1,153	Timeline
MUCBLACKROCK MUNIHLDNGS CALI	74,696	$773K	0.07%	-916	Timeline
ABBVABBVIE INC	4,140	$768K	0.07%	+116	Timeline
TLTWISHARES TR	33,054	$766K	0.07%	+8,560	Timeline
AXONAXON ENTERPRISE INC	918	$760K	0.07%	+101	Timeline
CGSDCAPITAL GRP FIXED INCM ETF T	28,570	$741K	0.07%	+3,280	Timeline
FDLFIRST TR EXCHANGE-TRADED FD	17,557	$735K	0.07%	-170	Timeline
UBERUBER TECHNOLOGIES INC	7,830	$731K	0.07%	+252	Timeline
SBUXSTARBUCKS CORP	7,940	$728K	0.07%	-585	Timeline
NBISNEBIUS GROUP N.V.	12,996	$719K	0.07%	new	Timeline
QFLRINNOVATOR ETFS TRUST	23,605	$704K	0.07%	+5	Timeline
EATON VANCE CALIFORNIA MUNI…EATON VANCE CALIFORNIA MUNI BO	78,950	$704K	0.07%	+4,250
ADBEADOBE INC	1,817	$703K	0.07%	+117	Timeline
IWBISHARES TR	2,054	$698K	0.07%	+65	Timeline
ICEINTERCONTINENTAL EXCHANGE IN	3,783	$694K	0.07%	-1,553	Timeline
AXPAMERICAN EXPRESS CO	2,159	$689K	0.07%	+81	Timeline
DKNGDRAFTKINGS INC NEW	16,016	$687K	0.07%	-31	Timeline
IWSISHARES TR	5,186	$685K	0.07%	-331	Timeline
SPIBSPDR SERIES TRUST	20,139	$676K	0.07%	+232	Timeline
URAGLOBAL X FDS	17,248	$669K	0.06%	+5,352	Timeline
QCOMQUALCOMM INC	4,190	$667K	0.06%	+25	Timeline
VCITVANGUARD SCOTTSDALE FDS	7,993	$663K	0.06%	-1,410	Timeline
DHRDANAHER CORP DEL	3,344	$661K	0.06%	+582	Timeline
CATCATERPILLAR INC	1,699	$660K	0.06%	+475	Timeline
MSMORGAN STANLEY	4,664	$657K	0.06%	-1,163	Timeline
RTXRTX CORPORATION	4,486	$655K	0.06%	+290	Timeline
MEARISHARES U S ETF TR	13,018	$654K	0.06%	+7,771	Timeline
TXNTEXAS INSTRS INC	3,130	$650K	0.06%	+124	Timeline
MMM3M CO	4,240	$646K	0.06%	-8	Timeline
AERAERCAP HOLDINGS NV	5,500	$644K	0.06%	+14	Timeline
PRFINVESCO EXCHANGE TRADED FD T	15,199	$642K	0.06%	0	Timeline
XYLDGLOBAL X FDS	16,407	$639K	0.06%	-4,671	Timeline
DIASTATE STR SPDR DOW JONES IND	1,445	$637K	0.06%	-240	Timeline
NXPINXP SEMICONDUCTORS N V	2,911	$636K	0.06%	-58	Timeline
DSIISHARES TR	5,390	$626K	0.06%	-54	Timeline
PYPLPAYPAL HLDGS INC	8,315	$618K	0.06%	+1,120	Timeline
TJXTJX COS INC NEW	5,003	$618K	0.06%	+144	Timeline
CDNSCADENCE DESIGN SYSTEM INC	1,986	$612K	0.06%	-187	Timeline
GSGOLDMAN SACHS GROUP INC	863	$611K	0.06%	+220	Timeline
BXBLACKSTONE INC	4,011	$600K	0.06%	+192	Timeline
TMOTHERMO FISHER SCIENTIFIC INC	1,463	$593K	0.06%	+272	Timeline
BLKBLACKROCK INC	562	$590K	0.06%	-4	Timeline
VRTXVERTEX PHARMACEUTICALS INC	1,323	$589K	0.06%	+80	Timeline
ORLYOREILLY AUTOMOTIVE INC	6,517	$587K	0.06%	+6,119	Timeline
KLACKLA CORP	655	$587K	0.06%	-79	Timeline
QQMGINVESCO EXCH TRADED FD TR II	15,449	$584K	0.06%	new	Timeline
XHBSPDR SERIES TRUST	5,875	$579K	0.06%	-1,092	Timeline
LRCXLAM RESEARCH CORP	5,931	$577K	0.06%	-1,247	Timeline
XLBSELECT SECTOR SPDR TR	6,434	$565K	0.05%	+535	Timeline
RACEFERRARI N V	1,135	$557K	0.05%	-45	Timeline
PFEPFIZER INC	22,631	$549K	0.05%	-2,291	Timeline
CGCBCAPITAL GRP FIXED INCM ETF T	20,855	$548K	0.05%	+2,302	Timeline
CGCVCAPITAL GROUP CONSERVATIVE E	18,656	$534K	0.05%	-5,001	Timeline
ILCVISHARES TR	6,395	$533K	0.05%	+1,146	Timeline
MELIMERCADOLIBRE INC	203	$531K	0.05%	-1	Timeline
GMGENERAL MTRS CO	10,590	$521K	0.05%	new	Timeline
SPMBSPDR SERIES TRUST	23,564	$521K	0.05%	+371	Timeline
INTUINTUIT	650	$512K	0.05%	+57	Timeline
KKRKKR & CO INC	3,742	$498K	0.05%	-23	Timeline
HONHONEYWELL INTL INC	2,099	$489K	0.05%	+384	Timeline
LOWLOWES COS INC	2,183	$484K	0.05%	-197	Timeline
CCITIGROUP INC	5,587	$476K	0.05%	-109	Timeline
SMCISUPER MICRO COMPUTER INC	9,697	$475K	0.05%	+2,096	Timeline
MCDMCDONALDS CORP	1,623	$474K	0.05%	+62	Timeline
ARCCARES CAPITAL CORP	21,132	$464K	0.05%	+92	Timeline
ITOTISHARES TR	3,384	$457K	0.04%	+1,455	Timeline
ABTABBOTT LABORATORIES	3,311	$450K	0.04%	+734	Timeline
ADPAUTOMATIC DATA PROCESSING IN	1,460	$450K	0.04%	+294	Timeline
BABAALIBABA GROUP HLDG LTD	3,915	$444K	0.04%	-425	Timeline
SYKSTRYKER CORPORATION	1,099	$435K	0.04%	+51	Timeline
GSLCGOLDMAN SACHS ETF TR	3,564	$433K	0.04%	-744	Timeline
FCALFIRST TR EXCH TRADED FD III	8,928	$428K	0.04%	+2,136	Timeline
MITKMITEK SYS INC	42,970	$425K	0.04%	+600	Timeline
SPOTSPOTIFY TECHNOLOGY S A	552	$424K	0.04%	-37	Timeline
BILSSPDR SERIES TRUST	4,258	$423K	0.04%	new	Timeline
ADSKAUTODESK INC	1,361	$421K	0.04%	+53	Timeline
MDYVSPDR SERIES TRUST	5,301	$421K	0.04%	-26,448	Timeline
LNGCHENIERE ENERGY INC	1,726	$420K	0.04%	-230	Timeline
FLTRVANECK ETF TRUST	16,468	$420K	0.04%	+2,400	Timeline
WDAYWORKDAY INC	1,741	$418K	0.04%	+48	Timeline
PMPHILIP MORRIS INTL INC	2,291	$417K	0.04%	+413	Timeline
CMFISHARES TR	7,433	$414K	0.04%	+1,561	Timeline
LMTLOCKHEED MARTIN CORP	882	$408K	0.04%	-16	Timeline
MUMICRON TECHNOLOGY INC	3,309	$408K	0.04%	+70	Timeline
EFGISHARES TR	3,573	$400K	0.04%	-69	Timeline
MOALTRIA GROUP INC	6,814	$400K	0.04%	+30	Timeline
HDVISHARES TR	3,378	$396K	0.04%	0	Timeline
BKNGBOOKING HOLDINGS INC	68	$394K	0.04%	+1	Timeline
INTCINTEL CORP	17,564	$393K	0.04%	+69	Timeline
MDYGSPDR SERIES TRUST	4,505	$391K	0.04%	-24,231	Timeline
GCORGOLDMAN SACHS ETF TR	9,455	$391K	0.04%	+4,526	Timeline
SRESEMPRA	5,131	$389K	0.04%	+186	Timeline
SRLNSSGA ACTIVE ETF TR	9,330	$388K	0.04%	+172	Timeline
UNPUNION PAC CORP	1,671	$384K	0.04%	-300	Timeline
BSVVANGUARD BD INDEX FDS	4,871	$383K	0.04%	-60	Timeline
POOLPOOL CORP	1,310	$382K	0.04%	+88	Timeline
MGKVANGUARD WORLD FD	1,041	$381K	0.04%	-25	Timeline
VWOVANGUARD INTL EQUITY INDEX F	7,672	$379K	0.04%	+914	Timeline
SPABSPDR SERIES TRUST	14,782	$378K	0.04%	-1,438	Timeline
COINCOINBASE GLOBAL INC	1,070	$375K	0.04%	-1,169	Timeline
KRESPDR SERIES TRUST	6,309	$375K	0.04%	+120	Timeline
NVSNOVARTIS AG	3,067	$371K	0.04%	+38	Timeline
WMWASTE MGMT INC DEL	1,612	$369K	0.04%	+41	Timeline
COPCONOCOPHILLIPS	4,097	$368K	0.04%	+212	Timeline
MNSTMONSTER BEVERAGE CORP NEW	5,822	$365K	0.04%	+242	Timeline
SPEUSPDR INDEX SHS FDS	7,508	$364K	0.04%	+1,457	Timeline
NOBLPROSHARES TR	3,552	$358K	0.03%	-56	Timeline
JAAAJANUS DETROIT STR TR	7,038	$357K	0.03%	+1,469	Timeline
PAYXPAYCHEX INC	2,453	$357K	0.03%	-79	Timeline
CSMPROSHARES TR	5,053	$356K	0.03%	0	Timeline
GRIDFIRST TR EXCHANGE-TRADED FD	2,529	$352K	0.03%	+310	Timeline
AJGGALLAGHER ARTHUR J & CO	1,089	$348K	0.03%	+23	Timeline
PLDPROLOGIS INC.	3,308	$348K	0.03%	+128	Timeline
STRKSTRATEGY INC	2,859	$346K	0.03%	0	Timeline
ULSTSSGA ACTIVE ETF TR	8,426	$343K	0.03%	+142	Timeline
CLOIVANECK ETF TRUST	6,455	$342K	0.03%	-642	Timeline
XLUSELECT SECTOR SPDR TR	4,184	$342K	0.03%	+757	Timeline
RDIVINVESCO EXCH TRADED FD TR II	7,084	$339K	0.03%	+231	Timeline
SCHWCHARLES SCHWAB CORP (THE)	3,696	$337K	0.03%	+423	Timeline
WPCWP CAREY INC	5,363	$335K	0.03%	-56	Timeline
FEXFIRST TR EXCHANGE-TRADED ALP	3,026	$333K	0.03%	+7	Timeline
JHMMJOHN HANCOCK EXCHANGE TRADED	5,411	$331K	0.03%	0	Timeline
FTSMFIRST TR EXCHANGE-TRADED FD	5,511	$330K	0.03%	-394	Timeline
XPOXPO INC	2,610	$330K	0.03%	+536	Timeline
MRKMERCK & CO INC	4,153	$329K	0.03%	-229	Timeline
GILDGILEAD SCIENCES INC	2,954	$328K	0.03%	-8	Timeline
MCHPMICROCHIP TECHNOLOGY INC.	4,633	$326K	0.03%	-20	Timeline
CCLCARNIVAL CORP	11,511	$324K	0.03%	-52	Timeline
IWVISHARES TR	919	$323K	0.03%	-133	Timeline
FFORD MTR CO	29,706	$322K	0.03%	-1,695	Timeline
EEMISHARES TR	6,677	$322K	0.03%	-540	Timeline
GLINVANECK ETF TRUST	6,679	$322K	0.03%	-11,006	Timeline
BBAGJ P MORGAN EXCHANGE TRADED F	6,956	$321K	0.03%	+166	Timeline
RKLBROCKET LAB CORP	8,877	$318K	0.03%	new	Timeline
SNOWSNOWFLAKE INC	1,407	$315K	0.03%	-42	Timeline
NVONOVO-NORDISK A S	4,555	$314K	0.03%	-118	Timeline
CITHE CIGNA GROUP	947	$313K	0.03%	+40	Timeline
ANETARISTA NETWORKS INC	3,051	$312K	0.03%	-1,392	Timeline
LENLENNAR CORP	2,804	$310K	0.03%	-153	Timeline
SKYYFIRST TR EXCHANGE-TRADED FD	2,548	$310K	0.03%	-130	Timeline
VTIPVANGUARD MALVERN FDS	6,047	$304K	0.03%	+936	Timeline
LPLALPL FINL HLDGS INC	804	$302K	0.03%	+31	Timeline
IEFISHARES TR	3,120	$299K	0.03%	-377	Timeline
RYLDGLOBAL X FDS	20,039	$299K	0.03%	+590	Timeline
VISVANGUARD WORLD FD	1,057	$296K	0.03%	-88	Timeline
VNQVANGUARD INDEX FDS	3,313	$295K	0.03%	-111	Timeline
IRMIRON MTN INC DEL	2,865	$294K	0.03%	+29	Timeline
UPSTUPSTART HLDGS INC	4,540	$294K	0.03%	-80	Timeline
VCSHVANGUARD SCOTTSDALE FDS	3,686	$293K	0.03%	-2,439	Timeline
XLPSELECT SECTOR SPDR TR	3,597	$291K	0.03%	+171	Timeline
GOFGUGGENHEIM STRATEGIC OPPORTU	19,489	$290K	0.03%	+3,510	Timeline
ETNEATON CORP PLC	808	$288K	0.03%	+61	Timeline
AFLAFLAC INC	2,717	$287K	0.03%	+61	Timeline
SITMSITIME CORP	1,344	$286K	0.03%	-671	Timeline
GSYINVESCO ACTIVELY MANAGED EXC	5,661	$284K	0.03%	+694	Timeline
FSSFEDERAL SIGNAL CORP	2,665	$284K	0.03%	new	Timeline
CWSADVISORSHARES TR	4,045	$283K	0.03%	new	Timeline
HHYATT HOTELS CORP	2,025	$283K	0.03%	+2	Timeline
DGRWWISDOMTREE TR	3,343	$280K	0.03%	new	Timeline
IMMRIMMERSION CORP	35,513	$280K	0.03%	-281	Timeline
CMCSACOMCAST CORP NEW	7,830	$279K	0.03%	-1,457	Timeline
BINCBLACKROCK ETF TRUST II	5,285	$279K	0.03%	+914	Timeline
ICSHISHARES TR	5,468	$277K	0.03%	-532	Timeline
CIBRFIRST TR EXCHANGE-TRADED FD	3,669	$277K	0.03%	+80	Timeline
BOTZGLOBAL X FDS	8,491	$277K	0.03%	-1,096	Timeline
TGTTARGET CORP	2,796	$276K	0.03%	-119	Timeline
BTIBRITISH AMERN TOB PLC	5,788	$274K	0.03%	new	Timeline
TLHISHARES TR	2,684	$273K	0.03%	+469	Timeline
MSIMOTOROLA SOLUTIONS INC	643	$270K	0.03%	+14	Timeline
AMATAPPLIED MATLS INC	1,476	$270K	0.03%	+42	Timeline
DVYISHARES TR	2,002	$266K	0.03%	+400	Timeline
YUMYUM BRANDS INC	1,790	$265K	0.03%	new	Timeline
DECKDECKERS OUTDOOR CORP	2,571	$265K	0.03%	new	Timeline
NEENEXTERA ENERGY INC	3,791	$263K	0.03%	+225	Timeline
SSENTINELONE INC	14,285	$261K	0.03%	+2,494	Timeline
ARMARM HOLDINGS PLC	1,613	$261K	0.03%	-698	Timeline
NOWSERVICENOW INC	253	$260K	0.03%	new	Timeline
BSXBOSTON SCIENTIFIC CORP	2,421	$260K	0.03%	+63	Timeline
SAPSAP SE	852	$259K	0.03%	new	Timeline
EISISHARES INC	2,726	$259K	0.03%	+15	Timeline
DEDEERE & CO	506	$257K	0.02%	new	Timeline
COFCAPITAL ONE FINL CORP	1,200	$255K	0.02%	new	Timeline
ETENERGY TRANSFER L P	14,063	$255K	0.02%	+24	Timeline
EOGEOG RES INC	2,128	$255K	0.02%	+491	Timeline
SPHYSPDR SERIES TRUST	10,688	$254K	0.02%	new	Timeline
IEIISHARES TR	2,131	$254K	0.02%	-358	Timeline
FWONKLIBERTY MEDIA CORP DEL	2,427	$254K	0.02%	+42	Timeline
OKLOOKLO INC	4,522	$253K	0.02%	new	Timeline
DUKDUKE ENERGY CORP NEW	2,136	$252K	0.02%	-96	Timeline
GLTRABRDN PRECIOUS METALS BASKET	1,822	$252K	0.02%	0	Timeline
ELVELEVANCE HEALTH INC FORMERLY	644	$251K	0.02%	+177	Timeline
VVVANGUARD INDEX FDS	877	$250K	0.02%	-22	Timeline
BUDANHEUSER BUSCH INBEV SA NV	3,641	$250K	0.02%	+116	Timeline
FCXFREEPORT MCMORAN INC	5,756	$249K	0.02%	-1,331	Timeline
FTSLFIRST TR EXCHANGE-TRADED FD	5,380	$247K	0.02%	+19	Timeline
ECLECOLAB INC	916	$247K	0.02%	+41	Timeline
URIUNITED RENTALS INC	324	$244K	0.02%	new	Timeline
HWMHOWMET AEROSPACE INC	1,309	$244K	0.02%	new	Timeline
NDAQNASDAQ INC	2,717	$243K	0.02%	new	Timeline
BMYBRISTOL-MYERS SQUIBB CO	5,247	$243K	0.02%	-697	Timeline
PHPARKER-HANNIFIN CORP	347	$242K	0.02%	-67	Timeline
HOLXHOLOGIC INC	3,695	$241K	0.02%	new	Timeline
EMREMERSON ELEC CO	1,796	$240K	0.02%	-402	Timeline
SPYDSPDR SERIES TRUST	5,589	$237K	0.02%	new	Timeline
AMTAMERICAN TOWER CORP	1,072	$237K	0.02%	new	Timeline
STXSEAGATE TECHNOLOGY HLDNGS PL	1,628	$235K	0.02%	new	Timeline
RIOTRIOT PLATFORMS INC	20,750	$234K	0.02%	new	Timeline
PSCPRINCIPAL EXCHANGE TRADED FD	4,399	$234K	0.02%	0	Timeline
AZOAUTOZONE INC	63	$234K	0.02%	0	Timeline
SPGIS&P GLOBAL INC	443	$234K	0.02%	+11	Timeline
SPBOSPDR SERIES TRUST	7,921	$231K	0.02%	-442	Timeline
SMINISHARES TR	3,000	$231K	0.02%	-4,620	Timeline
AMPAMERIPRISE FINL INC	427	$228K	0.02%	-110	Timeline
XTISHARES TR	3,461	$226K	0.02%	new	Timeline
DFAXDIMENSIONAL ETF TRUST	7,678	$226K	0.02%	0	Timeline
VSTVISTRA CORP	1,160	$225K	0.02%	new	Timeline
DXCMDEXCOM INC	2,574	$225K	0.02%	-683	Timeline
APHAMPHENOL CORP	2,273	$224K	0.02%	new	Timeline
GTLBGITLAB INC	4,951	$223K	0.02%	new	Timeline
LCTUBLACKROCK ETF TRUST	3,307	$222K	0.02%	new	Timeline
LINLINDE PLC	474	$222K	0.02%	new	Timeline
KIESPDR SERIES TRUST	3,700	$221K	0.02%	0	Timeline
HELOJ P MORGAN EXCHANGE TRADED F	3,530	$221K	0.02%	new	Timeline
IYFISHARES TR	1,819	$220K	0.02%	new	Timeline
OPPRIVERNORTH DOUBLELINE STRATE	25,676	$220K	0.02%	+147	Timeline
FXUFIRST TR EXCHANGE-TRADED FD	5,111	$217K	0.02%	new	Timeline
DFAIDIMENSIONAL ETF TRUST	6,261	$216K	0.02%	new	Timeline
DFASDIMENSIONAL ETF TRUST	3,384	$216K	0.02%	-100	Timeline
XYZBLOCK INC	3,169	$215K	0.02%	new	Timeline
MUBISHARES TR	2,041	$213K	0.02%	-1,068	Timeline
GBTCGRAYSCALE BITCOIN TRUST ETF	2,497	$212K	0.02%	new	Timeline
SUSAISHARES TR	1,664	$211K	0.02%	new	Timeline
LYVLIVE NATION ENTERTAINMENT IN	1,384	$209K	0.02%	new	Timeline
PSXPHILLIPS 66	1,751	$209K	0.02%	+2	Timeline
VONVVANGUARD SCOTTSDALE FDS	2,413	$206K	0.02%	new	Timeline
IWXISHARES TR	2,415	$203K	0.02%	new	Timeline
VFHVANGUARD WORLD FD	1,596	$203K	0.02%	new	Timeline
WDCWESTERN DIGITAL CORP	3,172	$203K	0.02%	new	Timeline
SCHOSCHWAB STRATEGIC TR	8,236	$201K	0.02%	-700	Timeline
SESEA LTD	1,255	$201K	0.02%	new	Timeline
SMRNUSCALE PWR CORP	4,800	$190K	0.02%	new	Timeline
BCSFBAIN CAP SPECIALTY FIN INC	12,500	$188K	0.02%	0	Timeline
WBDWARNER BROS DISCOVERY INC	14,017	$161K	0.02%	+1,464	Timeline
FSCOFS CREDIT OPPORTUNITIES CORP	17,186	$125K	0.01%	+363	Timeline
RITMRITHM CAPITAL CORP	11,047	$125K	0.01%	+238	Timeline
NACNUVEEN CA DIVI ADV MUN	11,012	$123K	0.01%	0	Timeline
CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL	300	$122K	0.01%	new
XEXGXEATON VANCE TAX-MANAGED GLOB	11,384	$99.6K	0.01%	0	Timeline
CHARGEPOINT HLDGS INCCHARGEPOINT HLDGS INC	96,650	$68K	0.01%	+26,000
OCGNOCUGEN INC	15,000	$14.6K	<0.01%	0	Timeline
LXRXLEXICON PHARMACEUTICALS INC	10,990	$10.4K	<0.01%	new	Timeline
Applied Therapeutics IncApplied Therapeutics Inc	11,600	$3.61K	<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
MAMASTERCARD INCORPORATED COM	call	1,000	$562K	0
NFLXNETFLIX INC. COM	call	400	$536K	+100
METAMETA PLATFORMS INC COM	call	700	$517K	new
NVDANVIDIA CORPORATION COM	call	3,200	$506K	new
KLACKLA CORP COM	call	400	$358K	new
MSTRSTRATEGY INC Stock	call	700	$283K	0
CDNSCADENCE DESIGN SYSTEM INC Stock	call	900	$277K	new
COINCOINBASE GLOBAL INC Stock	call	600	$210K	new
CRWDCROWDSTRIKE HLDGS INC COM	call	400	$204K	new
ARMARM HOLDINGS PLC SPONSORED ADS	call	1,100	$178K	new
SHOPSHOPIFY INC CL A SUB VTG SHS	call	1,500	$173K	new
SITMSITIME CORP Stock	call	800	$170K	new
PLTRPALANTIR TECHNOLOGIES INC COM	call	900	$123K	0
TSMTAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS	call	500	$113K	new
ANETARISTA NETWORKS INC COM	call	1,000	$102K	new
TSLATESLA INC COM	call	300	$95.3K	-200
SOFISOFI TECHNOLOGIES INC Stock	call	5,000	$91K	+3,000
CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL Stock	call	200	$81.4K	new
ORCLORACLE CORP COM	call	200	$43.7K	new
AMDADVANCED MICRO DEVICES INC COM	call	200	$28.4K	0
AVGOBROADCOM INC COM	call	100	$27.6K	new
SMRNUSCALE PWR CORP Stock	call	500	$19.8K	new
XLESELECT SECTOR SPDR TR SHS	call	100	$8.48K	new
SMCISUPER MICRO COMPUTER INC COM NEW	call	100	$4.9K	new

Sold out in Q2 2025

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

Security	Shares before	Value before	Type
XLGINVESCO EXCHANGE TRADED FD T	18,381	$846K	shares
EPSWISDOMTREE TR	14,066	$834K	shares
SPTLSPDR SERIES TRUST	23,918	$652K	shares
JBNDJ P MORGAN EXCHANGE TRADED F	9,415	$504K	shares
PGXINVESCO EXCH TRADED FD TR II	31,109	$349K	shares
PPGPPG INDS INC	2,451	$268K	shares
CCICROWN CASTLE INC	2,567	$268K	shares
SDVYFIRST TR EXCHANGE TRADED FD	7,574	$254K	shares
XOPSPDR SERIES TRUST	1,873	$247K	shares
DFUVDIMENSIONAL ETF TRUST	5,965	$246K	shares
FXIISHARES TR	6,381	$229K	shares
NKENIKE INC	3,585	$228K	shares
SHYISHARES TR	2,711	$224K	shares
MDTMEDTRONIC PLC	2,441	$219K	shares
EPDENTERPRISE PRODS PARTNERS L	6,276	$214K	shares
PCGPG&E CORP	12,251	$210K	shares
REGNREGENERON PHARMACEUTICALS	329	$209K	shares
EFAVISHARES TR	2,653	$207K	shares
UPSUNITED PARCEL SVCS INC	1,872	$206K	shares
EMNTPIMCO ETF TR	2,078	$205K	shares
GDGENERAL DYNAMICS CORP	751	$205K	shares
FDXFEDEX CORP	836	$204K	shares
HOGHARLEY DAVIDSON INC	8,000	$202K	shares
PFFDGLOBAL X FDS	10,260	$195K	shares
BABOEING CO	500	$85.3K	call
VRTXVERTEX PHARMACEUTICALS INC	100	$48.5K	call
ARMARM HOLDINGS PLC	400	$42.7K	put
COPCONOCOPHILLIPS	100	$10.5K	call
VZVERIZON COMMUNICATIONS INC	100	$4.54K	call

How Q2 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 0001941040-25-000476	base		2025-08-11	acceptance time not in the bulk data set	2026-10-07 18:23:11 UTC