Pasadena Private Wealth LLC's Q4 2025 13F: 42 new positions, 19 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Feb 10, 2026 · 230 reported positions · accession 0002073679-26-000020
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | TIDAL TRUST I (GRNY) | — | 3.4% | +3.4 pts | +994K sh | new |
| Exited | GLOBAL X FDS (CLIP) | 3.0% | — | −3.0 pts | −210K sh | −100% |
| Exited | BONDBLOXX ETF TRUST (XHLF) | 2.9% | — | −2.9 pts | −405K sh | −100% |
| Exited | INVESCO ACTIVELY MANAGED EXC (GSY) | 2.7% | — | −2.7 pts | −378K sh | −100% |
| New |
BLUEROCK PVT REAL ESTATE FD (BPRE)
new — newly listed security (e.g. spin-off)
|
— | 2.0% | +2.0 pts | +996K sh | new |
| Increased | SCHWAB STRATEGIC TR (FNDX) | 2.0% | 3.4% | +1.4 pts | +379K sh | +71% |
| New | TIDAL TRUST III (GRNJ) | — | 0.9% | +0.9 pts | +252K sh | new |
| Reduced | PGIM ETF TR (PAAA) | 0.7% | 0.1% | −0.6 pts | −73,053 sh | −78% |
| Increased | ALPHABET INC (GOOG) | 0.3% | 0.9% | +0.6 pts | +11,476 sh | +117% |
| Increased | GRAYSCALE BITCOIN MINI TR ET (BTC) | 1.6% | 1.6% | 0.0 pts | +89,354 sh | +40% |
| Reduced | SPROTT ASSET MANAGEMENT LP (PSLV) | 1.2% | 1.3% | +0.1 pts | −142K sh | −26% |
| New | STRATEGY INC (STRK) | — | 0.4% | +0.4 pts | +37,164 sh | new |
| Increased | VANGUARD INDEX FDS (VTV) | 11.7% | 11.7% | 0.0 pts | +13,491 sh | +3% |
| New | SIMON PPTY GROUP INC NEW (SPG) | — | 0.3% | +0.3 pts | +12,042 sh | new |
| Increased | ENTERPRISE PRODS PARTNERS L (EPD) | 0.2% | 0.5% | +0.3 pts | +69,264 sh | +138% |
| Increased | REALTY INCOME CORP (O) | 0.1% | 0.4% | +0.3 pts | +36,584 sh | +297% |
| New | IRON MTN INC DEL (IRM) | — | 0.3% | +0.3 pts | +23,564 sh | new |
| Reduced | SIMPLIFY EXCHANGE TRADED FUN (CTA) | 1.4% | 1.1% | −0.4 pts | −65,648 sh | −19% |
| Increased | NVIDIA CORPORATION (NVDA) | 0.7% | 0.9% | +0.2 pts | +9,262 sh | +38% |
| New | NNN REIT INC (NNN) | — | 0.2% | +0.2 pts | +42,041 sh | new |
| Increased | VANGUARD INTL EQUITY INDEX F (VEU) | 7.2% | 7.2% | 0.0 pts | +19,682 sh | +3% |
| Increased | DIREXION SHS ETF TR (COM) | 1.1% | 1.2% | +0.2 pts | +47,592 sh | +19% |
| Reduced | PIMCO ETF TR (MINT) | 1.5% | 1.3% | −0.3 pts | −13,719 sh | −13% |
| New | AGREE RLTY CORP (ADC) | — | 0.2% | +0.2 pts | +18,735 sh | new |
| Increased | VICI PPTYS INC (VICI) | 0.1% | 0.2% | +0.2 pts | +45,832 sh | +354% |
| Increased | FLEXSHARES TR (GUNR) | 1.1% | 1.2% | +0.2 pts | +27,754 sh | +16% |
| Increased | ALPHABET INC (GOOGL) | 0.4% | 0.7% | +0.3 pts | +4,064 sh | +35% |
| New | FIDELITY GREENWOOD STREET TR (FYEE) | — | 0.2% | +0.2 pts | +40,945 sh | new |
| New | MERCADOLIBRE INC (MELI) | — | 0.2% | +0.2 pts | +549 sh | new |
| Increased | AMAZON COM INC (AMZN) | 0.7% | 0.8% | +0.1 pts | +3,728 sh | +18% |
| Increased | FIDELITY COVINGTON TRUST (FENI) | 2.3% | 2.4% | +0.1 pts | +22,795 sh | +5% |
| New | WP CAREY INC (WPC) | — | 0.1% | +0.1 pts | +12,885 sh | new |
| Reduced | WISDOMTREE TR (USFR) | 0.4% | 0.2% | −0.1 pts | −15,997 sh | −33% |
| Increased | VANGUARD INDEX FDS (VUG) | 12.3% | 12.0% | −0.3 pts | +1,608 sh | +1% |
| Increased | AMERICAN TOWER CORP NEW (AMT) | 0.0% | 0.1% | +0.1 pts | +4,146 sh | +269% |
| New | VANECK ETF TRUST (BIZD) | — | 0.1% | +0.1 pts | +50,166 sh | new |
| Increased | GRAYSCALE ETHEREUM MINI TR E (ETH) | 0.5% | 0.5% | −0.1 pts | +25,080 sh | +26% |
| New | AMPLIFY ETF TR (NDIV) | — | 0.1% | +0.1 pts | +24,738 sh | new |
| Reduced | SCHWAB STRATEGIC TR (SCHO) | 0.2% | 0.1% | −0.1 pts | −26,630 sh | −47% |
| New | ANTERO MIDSTREAM CORP (AM) | — | 0.1% | +0.1 pts | +36,402 sh | new |
| Increased | TCW ETF TRUST (FLXR) | 1.9% | 1.9% | 0.0 pts | +16,082 sh | +5% |
| New | REXFORD INDL RLTY INC (REXR) | — | 0.1% | +0.1 pts | +15,392 sh | new |
| Increased | FIDELITY WISE ORIGIN BITCOIN (FBTC) | 0.8% | 0.7% | −0.2 pts | +7,232 sh | +13% |
| Increased | VANGUARD INDEX FDS (VBK) | 2.4% | 2.3% | 0.0 pts | +1,819 sh | +3% |
| Increased | PIMCO ETF TR (PYLD) | 2.3% | 2.2% | −0.1 pts | +20,017 sh | +3% |
| Increased | ADVANCED MICRO DEVICES INC (AMD) | 0.3% | 0.4% | +0.1 pts | +2,464 sh | +19% |
| Exited | PIMCO ETF TR (LONZ) | 0.1% | — | −0.1 pts | −9,314 sh | −100% |
| New | REGENCY CTRS CORP (REG) | — | 0.1% | +0.1 pts | +7,267 sh | new |
| Reduced | FIDELITY MERRIMACK STR TR (FBND) | 0.1% | 0.1% | −0.1 pts | −10,762 sh | −57% |
| Exited | ELEVATION SERIES TRUST (CEFZ) | 0.1% | — | −0.1 pts | −57,195 sh | −100% |
The 50 largest of 212 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: FNDX entered · GRNY entered · FENI entered · CLIP left · XHLF left · GSY left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS (VUG) | 12.3% | 12.0% | |
| 2 | VANGUARD INDEX FDS (VTV) | 11.7% | 11.7% | |
| 3 | VANGUARD INTL EQUITY INDEX F (VEU) | 7.2% | 7.2% | |
| 4 | VANGUARD INDEX FDS (VBR) | 3.6% | 3.4% | |
| 5 | SCHWAB STRATEGIC TR (FNDX) | 2.0% | 3.4% | Entered the top 10 |
| 6 | TIDAL TRUST I (GRNY) | 0.0% | 3.4% | Entered the top 10 |
| 7 | AMERICAN CENTY ETF TR (AVEM) | 3.4% | 3.3% | |
| 8 | APPLE INC (AAPL) | 2.6% | 2.7% | |
| 9 | FIDELITY COVINGTON TRUST (FENI) | 2.3% | 2.4% | Entered the top 10 |
| 10 | VANGUARD INDEX FDS (VBK) | 2.4% | 2.3% | |
| — | GLOBAL X FDS (CLIP) | 3.0% | 0.0% | Left the top 10 |
| — | BONDBLOXX ETF TRUST (XHLF) | 2.9% | 0.0% | Left the top 10 |
| — | INVESCO ACTIVELY MANAGED EXC (GSY) | 2.7% | 0.0% | 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 | ALPHABET INC (GOOG) | Call | 0 | 1,900 | $304K |
| New | MICRON TECHNOLOGY INC (MU) | Call | 0 | 1,100 | $245K |
| New | XPENG INC (XPEV) | Call | 0 | 20,000 | $198K |
| Increased | ADVANCED MICRO DEVICES INC (AMD) | Call | 2,500 | 3,500 | $440K |
| New | ZSCALER INC (ZS) | Call | 0 | 3,600 | $190K |
| New | AMAZON COM INC (AMZN) | Call | 0 | 1,500 | $118K |
| New | REALTY INCOME CORP (O) | Call | 0 | 13,500 | $84.8K |
| New | ALEXANDRIA REAL ESTATE EQ IN (ARE) | Call | 0 | 8,200 | $81.4K |
| New | CROWDSTRIKE HLDGS INC (CRWD) | Call | 0 | 300 | $65K |
| Increased | TESLA INC (TSLA) | Call | 4,900 | 5,100 | $1.45M |
| New | ALPHABET INC (GOOGL) | Call | 0 | 300 | $52K |
| New | MERCK & CO INC (MRK) | Call | 0 | 2,500 | $45.3K |
| New | ONEOK INC NEW (OKE) | Call | 0 | 2,200 | $32.3K |
| New | REXFORD INDL RLTY INC (REXR) | Call | 0 | 6,500 | $28.9K |
| Exited | TESLA INC (TSLA) | Put | 10,000 | 0 | $0 |
| New | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | Call | 0 | 400 | $25.7K |
| New | QUALCOMM INC (QCOM) | Call | 0 | 500 | $23.3K |
| New | AMERICAN TOWER CORP NEW (AMT) | Call | 0 | 1,200 | $16.8K |
| New | MEDICAL PPTYS TRUST INC (MPW) | Call | 0 | 12,400 | $16.3K |
| New | UNITEDHEALTH GROUP INC (UNH) | Call | 0 | 200 | $13.8K |
| New | BLUE OWL CAPITAL INC (OWL) | Call | 0 | 4,800 | $13.8K |
| New | CAMECO CORP (CCJ) | Call | 0 | 500 | $12.4K |
| New | BROOKFIELD RENEWABLE PARTNER (BEP) | Call | 0 | 1,500 | $8.4K |
| New | VICI PPTYS INC (VICI) | Call | 0 | 11,700 | $7.59K |
| New | ENERGY TRANSFER L P (ET) | Call | 0 | 3,000 | $6.65K |