CAP Partners LLC's Q3 2025 13F: 14 new positions, 6 exits
Form 13F-HR for the quarter ended Sep 30, 2025 · filed Oct 29, 2025 · 146 reported positions · accession 0002006870-25-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | STRATEGY INC (MSTR) | 2.8% | 2.6% | −0.2 pts | +3,086 sh | +28% |
| Reduced | TESLA INC (TSLA) | 5.0% | 5.7% | +0.8 pts | −2,191 sh | −9% |
| Reduced | SCHWAB STRATEGIC TR (SCHF) | 2.7% | 2.1% | −0.6 pts | −33,116 sh | −17% |
| New | ROCKET COS INC (RKT) | — | 0.3% | +0.3 pts | +27,604 sh | new |
| Increased | ISHARES TR (AGG) | 1.6% | 1.7% | +0.2 pts | +5,281 sh | +21% |
| Exited | SIMPLIFY EXCHANGE TRADED FUN (SVOL) | 0.3% | — | −0.3 pts | −22,213 sh | −100% |
| Exited | REDFIN CORP (RDFN) | 0.3% | — | −0.3 pts | −36,051 sh | −100% |
| Increased | DBX ETF TR (XAIX) | 0.2% | 0.4% | +0.2 pts | +10,277 sh | +119% |
| Exited | VANGUARD SCOTTSDALE FDS (VCSH) | 0.2% | — | −0.2 pts | −4,682 sh | −100% |
| Reduced | NVIDIA CORPORATION (NVDA) | 3.4% | 3.3% | 0.0 pts | −2,186 sh | −6% |
| Increased | VANGUARD WORLD FD (MGK) | 0.6% | 0.8% | +0.2 pts | +996 sh | +41% |
| Increased | VICTORY PORTFOLIOS II (VFLO) | 1.4% | 1.5% | +0.2 pts | +10,572 sh | +17% |
| Increased | SELECT SECTOR SPDR TR (XLRE) | 2.2% | 2.2% | 0.0 pts | +7,901 sh | +9% |
| New | SPDR SERIES TRUST (XAR) | — | 0.2% | +0.2 pts | +1,347 sh | new |
| Increased | SCHWAB STRATEGIC TR (SCHX) | 5.8% | 5.8% | 0.0 pts | +11,494 sh | +3% |
| Exited | INVESCO EXCH TRADED FD TR II (IDLV) | 0.2% | — | −0.2 pts | −7,646 sh | −100% |
| Reduced | APPLE INC (AAPL) | 2.3% | 2.5% | +0.1 pts | −1,072 sh | −6% |
| Increased | ISHARES TR (SGOV) | 0.6% | 0.7% | +0.1 pts | +2,512 sh | +25% |
| Exited | DOCUSIGN INC (DOCU) | 0.1% | — | −0.1 pts | −2,873 sh | −100% |
| New | ISHARES SILVER TR (SLV) | — | 0.1% | +0.1 pts | +5,530 sh | new |
| Increased | AMPLIFY ETF TR (DIVO) | 0.9% | 1.0% | +0.1 pts | +5,130 sh | +15% |
| New | ETF OPPORTUNITIES TRUST (SSK) | — | 0.1% | +0.1 pts | +7,092 sh | new |
| New | INVESCO QQQ TR (QQQ) | — | 0.1% | +0.1 pts | +377 sh | new |
| Exited | VICTORY PORTFOLIOS II (CFO) | 0.1% | — | −0.1 pts | −2,815 sh | −100% |
| New | SELECT SECTOR SPDR TR (XLF) | — | 0.1% | +0.1 pts | +4,071 sh | new |
| New | DELTA AIR LINES INC DEL (DAL) | — | 0.1% | +0.1 pts | +3,789 sh | new |
| New | GE VERNOVA INC (GEV) | — | 0.1% | +0.1 pts | +347 sh | new |
| New | SIMPLIFY EXCHANGE TRADED FUN (CTA) | — | 0.1% | +0.1 pts | +7,612 sh | new |
| New | LOWES COS INC (LOW) | — | 0.1% | +0.1 pts | +831 sh | new |
| New | NEOS ETF TRUST (BTCI) | — | 0.1% | +0.1 pts | +3,503 sh | new |
| New | VANGUARD INDEX FDS (VTV) | — | 0.1% | +0.1 pts | +1,106 sh | new |
| New | ROBINHOOD MKTS INC (HOOD) | — | 0.1% | +0.1 pts | +1,411 sh | new |
| New | ISHARES TR (OEF) | — | 0.1% | +0.1 pts | +603 sh | new |
| Increased | J P MORGAN EXCHANGE TRADED F (JPST) | 0.6% | 0.6% | +0.1 pts | +3,721 sh | +21% |
| Increased | ISHARES TR (MBB) | 0.7% | 0.7% | 0.0 pts | +1,909 sh | +16% |
| Increased | GOLDMAN SACHS ETF TR (GPIX) | 0.7% | 0.7% | +0.1 pts | +3,324 sh | +15% |
| Increased | ISHARES TR (USIG) | 0.4% | 0.5% | 0.0 pts | +2,797 sh | +21% |
| Increased | GOLDMAN SACHS ETF TR (GPIQ) | 0.2% | 0.2% | +0.1 pts | +2,618 sh | +46% |
| Increased | SPDR SERIES TRUST (SPYV) | 1.2% | 1.3% | 0.0 pts | +2,437 sh | +6% |
| Reduced | ISHARES TR (IUSB) | 1.0% | 0.9% | −0.2 pts | −2,740 sh | −8% |
| Increased | SCHWAB STRATEGIC TR (SCHE) | 1.0% | 1.1% | +0.1 pts | +3,817 sh | +7% |
| Increased | SPDR SERIES TRUST (SPTL) | 0.5% | 0.5% | 0.0 pts | +4,305 sh | +14% |
| Increased | PROSHARES TR (ISPY) | 0.3% | 0.3% | +0.1 pts | +2,519 sh | +25% |
| Increased | SCHWAB STRATEGIC TR (SCHY) | 0.6% | 0.6% | 0.0 pts | +3,981 sh | +11% |
| Increased | SPDR SERIES TRUST (SPYM) | 1.4% | 1.4% | 0.0 pts | +1,242 sh | +4% |
| Increased | NEOS ETF TRUST (QQQI) | 0.8% | 0.8% | 0.0 pts | +1,774 sh | +7% |
| Increased | FRANKLIN TEMPLETON ETF TR (DIVI) | 0.4% | 0.5% | 0.0 pts | +2,574 sh | +13% |
| Reduced | MASTERCARD INCORPORATED (MA) | 0.6% | 0.5% | −0.1 pts | −167 sh | −10% |
| Increased | VANGUARD INDEX FDS (VO) | 2.6% | 2.5% | −0.1 pts | +317 sh | +2% |
| Increased | SPDR GOLD TR (GLD) | 0.2% | 0.2% | +0.1 pts | +250 sh | +31% |
The 50 largest of 142 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 36.5% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | INVESCO EXCH TRADED FD TR II (QQQM) | 7.7% | 7.6% | |
| 2 | SCHWAB STRATEGIC TR (SCHX) | 5.8% | 5.8% | |
| 3 | TESLA INC (TSLA) | 5.0% | 5.7% | |
| 4 | NVIDIA CORPORATION (NVDA) | 3.4% | 3.3% | |
| 5 | STRATEGY INC (MSTR) | 2.8% | 2.6% | |
| 6 | VANGUARD INDEX FDS (VO) | 2.6% | 2.5% | |
| 7 | APPLE INC (AAPL) | 2.3% | 2.5% | |
| 8 | SELECT SECTOR SPDR TR (XLRE) | 2.2% | 2.2% | |
| 9 | AMAZON COM INC (AMZN) | 2.3% | 2.1% | |
| 10 | SCHWAB STRATEGIC TR (SCHF) | 2.7% | 2.1% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).