Pasadena Private Wealth LLC's Q3 2025 13F: 19 new positions, 7 exits

Form 13F-HR for the quarter ended Sep 30, 2025 · filed Oct 24, 2025 · 206 reported positions · accession 0001760578-25-000008

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
New BONDBLOXX ETF TRUST (XHLF) — 2.9% +2.9 pts +405K sh new
New INVESCO ACTIVELY MANAGED EXC (GSY) — 2.7% +2.7 pts +378K sh new
Reduced GLOBAL X FDS (CLIP) 6.5% 3.0% −3.5 pts −168K sh −44%
Increased PIMCO ETF TR (PYLD) 0.1% 2.3% +2.2 pts +570K sh +3028%
Reduced FIDELITY MERRIMACK STR TR (FBND) 2.2% 0.1% −2.1 pts −259K sh −93%
New PIMCO ETF TR (MINT) — 1.5% +1.5 pts +106K sh new
New ISHARES TR (SUB) — 1.3% +1.3 pts +85,044 sh new
Reduced SIMPLIFY EXCHANGE TRADED FUN (CTA) 2.9% 1.4% −1.5 pts −291K sh −45%
Increased FIDELITY COVINGTON TRUST (FENI) 1.6% 2.3% +0.7 pts +169K sh +59%
Increased VANGUARD INTL EQUITY INDEX F (VEU) 7.2% 7.2% 0.0 pts +70,244 sh +11%
Reduced ISHARES INC (EWJ) 1.0% 0.3% −0.7 pts −48,897 sh −65%
Increased PGIM ETF TR (PAAA) 0.2% 0.7% +0.5 pts +74,846 sh +386%
Reduced SCHWAB STRATEGIC TR (FNDX) 2.8% 2.0% −0.8 pts −132K sh −20%
Increased GRAYSCALE BITCOIN MINI TR ET (BTC) 1.4% 1.6% +0.2 pts +53,884 sh +32%
Increased TCW ETF TRUST (FLXR) 1.9% 1.9% +0.1 pts +62,557 sh +23%
Increased AMERICAN CENTY ETF TR (AVEM) 3.3% 3.4% +0.1 pts +31,037 sh +11%
Increased VANGUARD INDEX FDS (VTV) 12.8% 11.7% −1.1 pts +10,678 sh +3%
New GRAYSCALE COINDESK CRYPTO (GDLC) — 0.3% +0.3 pts +34,912 sh new
Increased SPROTT ASSET MANAGEMENT LP (PHYS) 0.9% 1.1% +0.2 pts +58,385 sh +28%
Reduced VANGUARD INDEX FDS (VUG) 13.6% 12.3% −1.3 pts −3,575 sh −2%
Increased DIREXION SHS ETF TR (COM) 1.0% 1.1% +0.1 pts +55,598 sh +28%
Reduced SCHWAB STRATEGIC TR (FNDA) 1.4% 1.0% −0.3 pts −50,820 sh −18%
Reduced SCHWAB STRATEGIC TR (SCHO) 0.4% 0.2% −0.2 pts −48,108 sh −46%
Increased GRAYSCALE ETHEREUM MINI TR E (ETH) 0.3% 0.5% +0.3 pts +28,846 sh +43%
Increased SPROTT ASSET MANAGEMENT LP (PSLV) 1.0% 1.2% +0.2 pts +71,040 sh +15%
Reduced GRAYSCALE ETHEREUM TRUST ETF (ETHE) 0.9% 1.1% +0.2 pts −26,768 sh −11%
Increased BANK AMERICA CORP (BAC) 0.3% 0.4% +0.1 pts +17,380 sh +48%
Increased FLEXSHARES TR (GUNR) 1.0% 1.1% 0.0 pts +20,275 sh +14%
Reduced UNITY SOFTWARE INC (U) 0.5% 0.6% +0.1 pts −20,800 sh −17%
Exited FS KKR CAP CORP (FSK) 0.1% — −0.1 pts −25,145 sh −100%
Increased NVIDIA CORPORATION (NVDA) 0.6% 0.7% +0.1 pts +3,316 sh +16%
Increased ISHARES TR (IVV) 0.1% 0.2% +0.1 pts +889 sh +80%
Increased META PLATFORMS INC (META) 0.1% 0.2% +0.1 pts +763 sh +77%
Increased APPLE INC (AAPL) 2.5% 2.6% +0.2 pts +1,890 sh +3%
New J P MORGAN EXCHANGE TRADED F (JPST) — 0.1% +0.1 pts +9,295 sh new
New ELEVATION SERIES TRUST (CEFZ) — 0.1% +0.1 pts +57,195 sh new
Exited OAKTREE SPECIALTY LENDING CO (OCSL) 0.1% — −0.1 pts −28,901 sh −100%
New BOSTON SCIENTIFIC CORP (BSX) — 0.1% +0.1 pts +4,511 sh new
Reduced PIMCO ETF TR (LONZ) 0.2% 0.1% −0.1 pts −8,298 sh −47%
Increased ALPHABET INC (GOOGL) 0.3% 0.4% +0.1 pts +1,734 sh +17%
New FIDELITY COVINGTON TRUST (FTEC) — 0.1% +0.1 pts +1,770 sh new
Reduced REALTY INCOME CORP (O) 0.2% 0.1% −0.1 pts −6,457 sh −34%
Increased MICROSOFT CORP (MSFT) 0.5% 0.5% 0.0 pts +755 sh +12%
New VIPER ENERGY INC (VNOM) — 0.1% +0.1 pts +9,560 sh new
New VIPER ENERGY INC (VNOM)
new — newly listed security (e.g. spin-off)
 — 0.1% +0.1 pts +9,560 sh new
New AT&T INC (T) — 0.1% +0.1 pts +12,424 sh new
New CITIGROUP INC (C) — 0.0% 0.0 pts +3,392 sh new
Reduced GRAYSCALE BITCOIN TRUST ETF (GBTC) 1.8% 1.6% −0.2 pts −3,799 sh −3%
Reduced ARES CAPITAL CORP (ARCC) 0.2% 0.1% −0.1 pts −16,634 sh −40%
Exited VANGUARD SCOTTSDALE FDS (VONE) 0.0% — 0.0 pts −979 sh −100%

The 50 largest of 179 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 — 51.8% of the equity book

Changes in the top 10 this quarter: XHLF entered · GSY entered · CTA left · FNDX left

# Security Weight before Weight now
1 VANGUARD INDEX FDS (VUG) 13.6% 12.3%
2 VANGUARD INDEX FDS (VTV) 12.8% 11.7%
3 VANGUARD INTL EQUITY INDEX F (VEU) 7.2% 7.2%
4 VANGUARD INDEX FDS (VBR) 3.9% 3.6%
5 AMERICAN CENTY ETF TR (AVEM) 3.3% 3.4%
6 GLOBAL X FDS (CLIP) 6.5% 3.0%
7 BONDBLOXX ETF TRUST (XHLF) 0.0% 2.9% Entered the top 10
8 INVESCO ACTIVELY MANAGED EXC (GSY) 0.0% 2.7% Entered the top 10
9 APPLE INC (AAPL) 2.5% 2.6%
10 VANGUARD INDEX FDS (VBK) 2.6% 2.4%
— SIMPLIFY EXCHANGE TRADED FUN (CTA) 2.9% 1.4% Left the top 10
— SCHWAB STRATEGIC TR (FNDX) 2.8% 2.0% 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
New INTEL CORP (INTC) Call 0 2,000 $38.9K
New TESLA INC (TSLA) Put 0 10,000 $27.8K
New WALMART INC (WMT) Put 0 1,000 $6K
New ISHARES TR (IEF) Put 0 7,000 $5.1K
Reduced DISNEY WALT CO (DIS) Put 2,000 1,000 $5.4K
Increased SNAP INC (SNAP) Call 6,000 9,000 $8.49K
New AT&T INC (T) Put 0 2,000 $2K
Exited INTERNATIONAL BUSINESS MACHS (IBM) Put 500 0 $0