Essex LLC's Q1 2025 13F: 11 new positions, 12 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed Apr 25, 2025 · 168 reported positions · accession 0001889147-25-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | J P MORGAN EXCHANGE TRADED F (JPST) | 2.4% | 0.8% | −1.6 pts | −157K sh | −68% |
| Increased | VANGUARD SCOTTSDALE FDS (VCIT) | 9.5% | 10.6% | +1.1 pts | +35,108 sh | +6% |
| Exited | AT&T INC (T) | 0.4% | — | −0.4 pts | −80,394 sh | −100% |
| Increased | SCHWAB STRATEGIC TR (SCHX) | 4.4% | 4.6% | +0.2 pts | +59,914 sh | +7% |
| Increased | SELECT SECTOR SPDR TR (XLV) | 0.9% | 1.3% | +0.4 pts | +8,692 sh | +28% |
| Increased | SPDR SER TR (SJNK) | 5.6% | 5.9% | +0.4 pts | +36,682 sh | +3% |
| Increased | SELECT SECTOR SPDR TR (XLF) | 1.4% | 1.7% | +0.3 pts | +16,352 sh | +11% |
| Increased | SELECT SECTOR SPDR TR (XLY) | 0.2% | 0.3% | +0.2 pts | +4,026 sh | +120% |
| Reduced | GOLDMAN SACHS GROUP INC (GS) | 2.8% | 2.6% | −0.2 pts | −1,321 sh | −6% |
| Increased | SELECT SECTOR SPDR TR (XLI) | 1.1% | 1.2% | +0.2 pts | +5,081 sh | +13% |
| Exited | WISDOMTREE TR (USFR) | 0.1% | — | −0.1 pts | −13,575 sh | −100% |
| Reduced | FIRST TR EXCH TRADED FD III (FPEI) | 3.3% | 3.3% | 0.0 pts | −34,745 sh | −4% |
| Reduced | SCHWAB STRATEGIC TR (SCHA) | 2.2% | 1.9% | −0.3 pts | −25,374 sh | −6% |
| Increased | SELECT SECTOR SPDR TR (XLK) | 5.2% | 4.9% | −0.3 pts | +2,746 sh | +3% |
| Increased | SELECT SECTOR SPDR TR (XLP) | 0.3% | 0.5% | +0.1 pts | +6,331 sh | +31% |
| Reduced | INTERNATIONAL BUSINESS MACHS (IBM) | 0.5% | 0.5% | 0.0 pts | −1,935 sh | −17% |
| Increased | SELECT SECTOR SPDR TR (XLC) | 1.1% | 1.3% | +0.1 pts | +4,950 sh | +9% |
| New | UNITEDHEALTH GROUP INC (UNH) | — | 0.1% | +0.1 pts | +877 sh | new |
| Increased | SCHWAB STRATEGIC TR (SCHF) | 2.8% | 3.2% | +0.4 pts | +21,515 sh | +3% |
| Increased | VANECK ETF TRUST (ANGL) | 1.0% | 1.1% | +0.1 pts | +14,310 sh | +9% |
| Reduced | RTX CORPORATION (RTX) | 0.7% | 0.8% | 0.0 pts | −3,100 sh | −10% |
| Reduced | JOHNSON & JOHNSON (JNJ) | 0.8% | 0.9% | +0.1 pts | −2,444 sh | −9% |
| Reduced | MARSH & MCLENNAN COS INC (MRSH) | 0.9% | 1.0% | +0.1 pts | −1,618 sh | −8% |
| Reduced | ADVANCED MICRO DEVICES INC (AMD) | 1.2% | 0.9% | −0.2 pts | −3,620 sh | −8% |
| Reduced | DEERE & CO (DE) | 1.1% | 1.2% | +0.1 pts | −756 sh | −6% |
| Increased | NVIDIA CORPORATION (NVDA) | 0.9% | 0.9% | −0.1 pts | +3,261 sh | +10% |
| Reduced | PROCTER AND GAMBLE CO (PG) | 0.7% | 0.7% | 0.0 pts | −2,048 sh | −10% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 0.2% | 0.3% | +0.1 pts | +632 sh | +31% |
| Reduced | GLOBAL X FDS (MLPX) | 0.8% | 0.8% | 0.0 pts | −5,099 sh | −8% |
| Reduced | HONEYWELL INTL INC (HON) | 0.7% | 0.6% | −0.1 pts | −1,531 sh | −10% |
| Exited | VANGUARD BD INDEX FDS (BSV) | 0.1% | — | −0.1 pts | −4,285 sh | −100% |
| Reduced | STARBUCKS CORP (SBUX) | 0.7% | 0.7% | 0.0 pts | −3,208 sh | −9% |
| Reduced | MERCK & CO INC (MRK) | 0.7% | 0.6% | −0.1 pts | −3,407 sh | −10% |
| Reduced | CISCO SYS INC (CSCO) | 0.7% | 0.7% | 0.0 pts | −4,905 sh | −9% |
| New | NEXTERA ENERGY INC (NEE) | — | 0.1% | +0.1 pts | +4,269 sh | new |
| Reduced | PEPSICO INC (PEP) | 0.6% | 0.5% | −0.1 pts | −2,009 sh | −11% |
| Increased | SELECT SECTOR SPDR TR (XLE) | 0.3% | 0.4% | +0.1 pts | +3,194 sh | +18% |
| Increased | COSTCO WHSL CORP NEW (COST) | 0.2% | 0.2% | +0.1 pts | +312 sh | +38% |
| New | BRITISH AMERN TOB PLC (BTI) | — | 0.1% | +0.1 pts | +7,050 sh | new |
| Reduced | JPMORGAN CHASE & CO. (JPM) | 1.8% | 1.8% | 0.0 pts | −1,187 sh | −3% |
| Increased | TESLA INC (TSLA) | 0.1% | 0.1% | 0.0 pts | +1,114 sh | +102% |
| Exited | PALO ALTO NETWORKS INC (PANW) | 0.1% | — | −0.1 pts | −1,630 sh | −100% |
| Reduced | GENERAL DYNAMICS CORP (GD) | 0.7% | 0.7% | 0.0 pts | −1,050 sh | −8% |
| Reduced | DISNEY WALT CO (DIS) | 0.6% | 0.4% | −0.1 pts | −2,866 sh | −12% |
| Reduced | PFIZER INC (PFE) | 0.4% | 0.3% | −0.1 pts | −11,150 sh | −15% |
| Exited | DECKERS OUTDOOR CORP (DECK) | 0.1% | — | −0.1 pts | −1,410 sh | −100% |
| Increased | SCHWAB STRATEGIC TR (FNDE) | 0.9% | 1.1% | +0.1 pts | +8,744 sh | +6% |
| New | SPDR SER TR (SPYM) | — | 0.1% | +0.1 pts | +3,816 sh | new |
| New | WISDOMTREE TR (DWM) | — | 0.1% | +0.1 pts | +4,300 sh | new |
| New | COLGATE PALMOLIVE CO (CL) | — | 0.1% | +0.1 pts | +2,650 sh | new |
The 50 largest of 150 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 — 48.0% of the equity book
Changes in the top 10 this quarter: SCHA entered · JPST left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD SCOTTSDALE FDS (VCIT) | 9.5% | 10.6% | |
| 2 | VANGUARD SCOTTSDALE FDS (VCSH) | 7.4% | 7.7% | |
| 3 | SPDR SER TR (SJNK) | 5.6% | 5.9% | |
| 4 | SELECT SECTOR SPDR TR (XLK) | 5.2% | 4.9% | |
| 5 | SCHWAB STRATEGIC TR (SCHX) | 4.4% | 4.6% | |
| 6 | SCHWAB STRATEGIC TR (SCHM) | 3.4% | 3.3% | |
| 7 | FIRST TR EXCH TRADED FD III (FPEI) | 3.3% | 3.3% | |
| 8 | SCHWAB STRATEGIC TR (SCHF) | 2.8% | 3.2% | |
| 9 | GOLDMAN SACHS GROUP INC (GS) | 2.8% | 2.6% | |
| 10 | SCHWAB STRATEGIC TR (SCHA) | 2.2% | 1.9% | Entered the top 10 |
| — | J P MORGAN EXCHANGE TRADED F (JPST) | 2.4% | 0.8% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | COLGATE PALMOLIVE CO (CL) | Call | 2,650 | 0 | $0 |