Essex LLC's Q3 2025 13F: 11 new positions, 13 exits
Form 13F-HR for the quarter ended Sep 30, 2025 · filed Oct 23, 2025 · 173 reported positions · accession 0001889147-25-000009
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | VANGUARD MALVERN FDS (VCRB) | — | 4.4% | +4.4 pts | +310K sh | new |
| Increased | J P MORGAN EXCHANGE TRADED F (JBND) | 0.4% | 4.2% | +3.8 pts | +387K sh | +1064% |
| Increased | NEBIUS GROUP N.V. (NBIS) | 0.3% | 4.0% | +3.7 pts | +169K sh | +661% |
| Reduced | VANGUARD SCOTTSDALE FDS (VCIT) | 9.6% | 6.3% | −3.3 pts | −175K sh | −30% |
| Reduced | VANGUARD SCOTTSDALE FDS (VCSH) | 7.2% | 4.1% | −3.0 pts | −172K sh | −38% |
| Reduced | SPDR SERIES TRUST (SJNK) | 5.3% | 4.2% | −1.0 pts | −141K sh | −13% |
| Reduced | VANECK ETF TRUST (ANGL) | 1.0% | 0.3% | −0.7 pts | −116K sh | −66% |
| Exited | CISCO SYS INC (CSCO) | 0.6% | — | −0.6 pts | −45,071 sh | −100% |
| Reduced | NVIDIA CORPORATION (NVDA) | 2.2% | 1.9% | −0.3 pts | −13,750 sh | −19% |
| Increased | SPDR SERIES TRUST (XSW) | 0.6% | 1.0% | +0.4 pts | +11,064 sh | +71% |
| Reduced | PEPSICO INC (PEP) | 0.4% | 0.1% | −0.3 pts | −13,089 sh | −82% |
| Reduced | FIRST TR EXCH TRADED FD III (FPEI) | 2.9% | 2.4% | −0.5 pts | −85,532 sh | −11% |
| Reduced | MICROSOFT CORP (MSFT) | 1.5% | 1.2% | −0.3 pts | −2,777 sh | −18% |
| Reduced | SCHWAB STRATEGIC TR (SCHI) | 0.8% | 0.5% | −0.3 pts | −49,924 sh | −29% |
| New | INVESTMENT MANAGERS SER TR I (NEBX) | — | 0.2% | +0.2 pts | +17,279 sh | new |
| Reduced | J P MORGAN EXCHANGE TRADED F (JPST) | 0.7% | 0.5% | −0.2 pts | −15,572 sh | −22% |
| New | VANGUARD INSTL INDEX FD (VBIL) | — | 0.1% | +0.1 pts | +9,349 sh | new |
| Exited | ICAD INC (ICAD) | 0.1% | — | −0.1 pts | −138K sh | −100% |
| Reduced | SCHWAB STRATEGIC TR (SCHJ) | 0.6% | 0.5% | −0.1 pts | −22,543 sh | −17% |
| Increased | SELECT SECTOR SPDR TR (XLV) | 1.1% | 1.1% | 0.0 pts | +3,611 sh | +9% |
| Reduced | SELECT SECTOR SPDR TR (XLK) | 6.2% | 6.3% | +0.1 pts | −1,677 sh | −1% |
| Reduced | ISHARES TR (SHYG) | 0.7% | 0.6% | −0.1 pts | −9,929 sh | −12% |
| Reduced | APPLE INC (AAPL) | 1.4% | 1.6% | +0.1 pts | −1,582 sh | −4% |
| Reduced | JOHNSON & JOHNSON (JNJ) | 0.7% | 0.7% | 0.0 pts | −2,171 sh | −9% |
| New | BLOOM ENERGY CORP (BE) | — | 0.1% | +0.1 pts | +4,743 sh | new |
| Reduced | ALPHABET INC (GOOG) | 0.9% | 1.0% | +0.2 pts | −1,391 sh | −6% |
| Reduced | MASTERCARD INCORPORATED (MA) | 0.2% | 0.1% | −0.1 pts | −569 sh | −31% |
| Reduced | SCHWAB STRATEGIC TR (FNDE) | 1.1% | 1.0% | 0.0 pts | −8,652 sh | −5% |
| Reduced | EXELON CORP (EXC) | 0.4% | 0.4% | −0.1 pts | −6,796 sh | −13% |
| Exited | ISHARES TR (FLOT) | 0.1% | — | −0.1 pts | −5,468 sh | −100% |
| Exited | SPDR SERIES TRUST (SPYM) | 0.1% | — | −0.1 pts | −3,816 sh | −100% |
| Reduced | GOLDMAN SACHS GROUP INC (GS) | 2.3% | 2.3% | 0.0 pts | −374 sh | −2% |
| Exited | WISDOMTREE TR (DWM) | 0.1% | — | −0.1 pts | −4,300 sh | −100% |
| Increased | SCHWAB STRATEGIC TR (SCHM) | 3.5% | 3.4% | 0.0 pts | +9,796 sh | +2% |
| Exited | CHUBB LIMITED (CB) | 0.1% | — | −0.1 pts | −916 sh | −100% |
| Exited | FORTINET INC (FTNT) | 0.1% | — | −0.1 pts | −2,490 sh | −100% |
| Exited | DOW INC (DOW) | 0.1% | — | −0.1 pts | −9,877 sh | −100% |
| Increased | SELECT SECTOR SPDR TR (XLF) | 1.6% | 1.6% | 0.0 pts | +5,156 sh | +3% |
| New | ZIONS BANCORPORATION N A (ZION) | — | 0.0% | 0.0 pts | +4,660 sh | new |
| New | F5 INC (FFIV) | — | 0.0% | 0.0 pts | +785 sh | new |
| Exited | APPLOVIN CORP (APP) | 0.0% | — | 0.0 pts | −640 sh | −100% |
| Reduced | KINDER MORGAN INC DEL (KMI) | 0.2% | 0.1% | −0.1 pts | −8,424 sh | −28% |
| Reduced | MERCK & CO INC (MRK) | 0.5% | 0.4% | −0.1 pts | −2,808 sh | −9% |
| Exited | MICROSTRATEGY INC (MSTR) | 0.0% | — | 0.0 pts | −530 sh | −100% |
| Exited | SPDR SERIES TRUST (SPTM) | 0.0% | — | 0.0 pts | −2,825 sh | −100% |
| New | CAPITAL ONE FINL CORP (COF) | — | 0.0% | 0.0 pts | +1,073 sh | new |
| Reduced | PAYPAL HLDGS INC (PYPL) | 0.4% | 0.3% | −0.1 pts | −3,313 sh | −14% |
| New | ADVANCED MICRO DEVICES INC (AMD) | — | 0.0% | 0.0 pts | +1,360 sh | new |
| Exited | ADOBE INC (ADBE) | 0.0% | — | 0.0 pts | −523 sh | −100% |
| New | ISHARES TR (AGG) | — | 0.0% | 0.0 pts | +2,097 sh | new |
The 50 largest of 171 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 — 44.7% of the equity book
Changes in the top 10 this quarter: VCRB entered · JBND entered · NBIS entered · FPEI left · GS left · NVDA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD SCOTTSDALE FDS (VCIT) | 9.6% | 6.3% | |
| 2 | SELECT SECTOR SPDR TR (XLK) | 6.2% | 6.3% | |
| 3 | SCHWAB STRATEGIC TR (SCHX) | 4.6% | 4.5% | |
| 4 | VANGUARD MALVERN FDS (VCRB) | 0.0% | 4.4% | Entered the top 10 |
| 5 | SPDR SERIES TRUST (SJNK) | 5.3% | 4.2% | |
| 6 | J P MORGAN EXCHANGE TRADED F (JBND) | 0.4% | 4.2% | Entered the top 10 |
| 7 | VANGUARD SCOTTSDALE FDS (VCSH) | 7.2% | 4.1% | |
| 8 | NEBIUS GROUP N.V. (NBIS) | 0.3% | 4.0% | Entered the top 10 |
| 9 | SCHWAB STRATEGIC TR (SCHM) | 3.5% | 3.4% | |
| 10 | SCHWAB STRATEGIC TR (SCHF) | 3.4% | 3.3% | |
| — | FIRST TR EXCH TRADED FD III (FPEI) | 2.9% | 2.4% | Left the top 10 |
| — | GOLDMAN SACHS GROUP INC (GS) | 2.3% | 2.3% | Left the top 10 |
| — | NVIDIA CORPORATION (NVDA) | 2.2% | 1.9% | 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).