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Asset Manager ← All Institutions

Tower Research Capital LLC (TRC)

Q3 2025 · Filed 2025-11-14
Market Value
$3.6B
-2.4%
Holdings
5,242
+102
New Purchases
490
Added To
1,404
Closed
487
Reduced
2,836
Top 10 Concentration
27.2%
Turnover
18.6%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 11.91% 4.10% +7.81% $425M
SHY 1.31% 0.01% +1.30% $47M
JPST 0.86% 0.00% +0.86% $31M
VBIL 0.82% 0.00% +0.82% $29M
SOXL 1.15% 0.39% +0.75% $41M
SGOV 0.70% 0.01% +0.69% $25M
IWB 0.75% 0.11% +0.65% $27M
ITOT 0.50% 0.01% +0.50% $18M
VCIT 0.53% 0.07% +0.46% $19M
SPTS 0.48% 0.05% +0.43% $17M
JBBB 0.49% 0.07% +0.42% $18M
XLRE 0.41% 0.03% +0.38% $15M
HOOD 0.55% 0.21% +0.35% $20M
XLB 0.34% 0.00% +0.34% $12M
SPTI 0.33% 0.00% +0.33% $12M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 2.74% 3.80% -1.06% $98M
QQQ 1.18% 2.11% -0.93% $42M
AAPL 2.07% 2.78% -0.71% $74M
BRK-B 0.25% 0.90% -0.66% $9M
VOO 0.00% 0.64% -0.64% $0
AMZN 1.40% 2.01% -0.62% $50M
BIL 0.00% 0.55% -0.55% $8K
IWM 0.50% 1.04% -0.54% $18M
PLTR 0.38% 0.91% -0.53% $14M
V 0.23% 0.71% -0.48% $8M
VTWO 0.00% 0.46% -0.46% $2K
JPM 0.51% 0.95% -0.44% $18M
XOM 0.14% 0.57% -0.42% $5M
AGG 0.06% 0.45% -0.39% $2M
MTUM 0.12% 0.48% -0.35% $4M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 79 $1.3B 37.7%
Large Cap 1,049 $1.5B 43.3%
Mid Cap 1,303 $391M 10.9%
Small Cap 1,535 $209M 5.8%
Micro Cap 1,276 $79M 2.2%

Portfolio Analytics

Avg Market Cap
$21.7B
Median Market Cap
$1.6B
Avg P/E
31.6
Median P/E
19.0
Avg Dividend Yield
0.02%
Avg Beta
1.05
# Stocks
4,225
# ETFs / Funds
1,017

Top Holdings (5,242 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SPY 11.91% 638,532 $425M $666.18 $275M +395,672 +162.9%
2 NVDA 3.02% 578,462 $108M $186.58 -$8M -158,112 -21.5%
3 MSFT 2.74% 188,923 $98M $517.95 -$41M -90,468 -32.4%
4 AAPL 2.07% 290,700 $74M $254.63 -$28M -204,727 -41.3%
5 AMZN 1.40% 227,038 $50M $219.57 -$24M -108,835 -32.4%
6 SHY 1.31% 562,446 $47M $82.96 $46M +560,035 +23228.3%
7 META 1.26% 61,394 $45M $734.38 $699K +1,255 +2.1%
8 AVGO 1.19% 129,084 $43M $329.91 $7M +466 +0.4%
9 QQQ 1.18% 70,100 $42M $600.37 -$35M -69,784 -49.9%
10 SOXL 1.15% 1,174,290 $41M $34.84 $27M +603,324 +105.7%
11 GOOGL 1.04% 152,669 $37M $243.10 $4M -32,464 -17.5%
12 JPST 0.86% 603,010 $31M $50.73 +603,010 NEW
13 VBIL 0.82% 386,776 $29M $75.61 +386,776 NEW
14 IWB 0.75% 73,673 $27M $365.48 $23M +62,022 +532.3%
15 SGOV 0.70% 249,038 $25M $100.70 $25M +245,837 +7680.0%
16 TSLA 0.65% 52,560 $23M $444.72 -$1M -24,459 -31.8%
17 NFLX 0.65% 19,290 $23M $1,198.92 $11M +10,123 +110.4%
18 COST 0.63% 24,504 $23M $925.63 $6M +8,122 +49.6%
19 GOOG 0.57% 83,843 $20M $243.55 -$6M -66,259 -44.1%
20 HOOD 0.55% 138,012 $20M $143.18 $12M +56,739 +69.8%
21 VCIT 0.53% 224,890 $19M $84.11 $16M +195,453 +664.0%
22 VOD 0.52% 1,607,426 $19M $11.60 $2M +58,972 +3.8%
23 JPM 0.51% 57,887 $18M $315.43 -$16M -61,673 -51.6%
24 IWM 0.50% 74,467 $18M $241.96 -$20M -101,958 -57.8%
25 ITOT 0.50% 122,872 $18M $145.65 $18M +121,295 +7691.5%
26 JBBB 0.49% 364,711 $18M $48.17 $15M +311,817 +589.5%
27 SPTS 0.48% 581,426 $17M $29.32 $15M +520,109 +848.2%
28 RIO 0.46% 248,450 $16M $66.01 -$55K -33,662 -11.9%
29 XLRE 0.41% 349,438 $15M $42.13 $14M +320,991 +1128.4%
30 BP 0.41% 422,585 $15M $34.46 -$4M -189,301 -30.9%
31 DEO 0.41% 152,394 $15M $95.43 -$3M -23,046 -13.1%
32 IWF 0.40% 30,127 $14M $468.41 $9M +17,265 +134.2%
33 USFR 0.39% 280,369 $14M $50.27 $4M +81,151 +40.7%
34 PLTR 0.38% 74,890 $14M $182.42 -$20M -170,009 -69.4%
35 IVV 0.37% 19,785 $13M $669.30 -$5M -9,299 -32.0%
36 SPLG 0.37% 168,597 $13M $78.34 $11M +140,396 +497.8%
37 SHOP 0.36% 86,813 $13M $148.61 $10M +59,462 +217.4%
38 XLB 0.34% 137,239 $12M $89.62 +137,239 NEW
39 VCSH 0.34% 152,657 $12M $79.93 $9M +109,910 +257.1%
40 CRWV 0.33% 86,550 $12M $136.85 $7M +58,766 +211.5%
41 SPTI 0.33% 409,534 $12M $28.90 $12M +407,834 +23990.2%
42 BTI 0.33% 221,403 $12M $53.08 $4K -26,812 -10.8%
43 JNJ 0.33% 63,379 $12M $185.42 -$1M -23,168 -26.8%
44 STIP 0.32% 109,196 $11M $103.36 +109,196 NEW
45 XLK 0.31% 38,851 $11M $281.86 $11M +38,832 +204379.0%
46 FENY 0.31% 441,631 $11M $24.72 +441,631 NEW
47 TBIL 0.30% 217,126 $11M $50.00 +217,126 NEW
48 PEP 0.30% 76,405 $11M $140.44 $2M +7,421 +10.8%
49 SAP 0.29% 39,263 $10M $267.21 $9M +35,412 +919.5%
50 ARGX 0.29% 13,853 $10M $737.56 -$443K -5,486 -28.4%
51 GS 0.28% 12,548 $10M $796.35 $1M +311 +2.5%
52 SNN 0.28% 273,852 $10M $36.29 -$964K -82,061 -23.1%
53 HD 0.28% 24,442 $10M $405.19 -$2M -6,702 -21.5%
54 ANGL 0.27% 329,250 $10M $29.73 $10M +329,217 +997627.3%
55 STM 0.27% 345,211 $10M $28.26 $9M +306,504 +791.9%
56 CRM 0.27% 40,790 $10M $237.00 -$3M -4,482 -9.9%
57 PUK 0.27% 345,195 $10M $27.99 $6K -40,722 -10.6%
58 RELX 0.27% 201,668 $10M $47.76 $659K +36,543 +22.1%
59 TMUS 0.26% 38,832 $9M $239.38 $4M +15,764 +68.3%
60 WMT 0.26% 89,804 $9M $103.06 -$1M -17,643 -16.4%
61 MCD 0.26% 30,379 $9M $303.89 $4M +12,241 +67.5%
62 FDN 0.25% 31,919 $9M $279.84 $3M +8,603 +36.9%
63 BRK-B 0.25% 17,687 $9M $502.74 -$24M -50,443 -74.0%
64 AMD 0.25% 54,830 $9M $161.79 $5M +25,340 +85.9%
65 IVW 0.25% 72,607 $9M $120.72 $7M +60,193 +484.9%
66 INTU 0.24% 12,699 $9M $682.91 $2M +3,662 +40.5%
67 SCHX 0.24% 327,660 $9M $26.34 $2M +35,991 +12.3%
68 BUD 0.23% 140,318 $8M $59.61 $3M +55,253 +65.0%
69 SCHA 0.23% 299,480 $8M $27.90 -$6M -276,960 -48.0%
70 LRCX 0.23% 62,178 $8M $133.90 $3M +8,622 +16.1%
71 TIP 0.23% 74,517 $8M $111.22 +74,517 NEW
72 EQNR 0.23% 338,595 $8M $24.38 $7M +297,561 +725.2%
73 TS 0.23% 228,748 $8M $35.77 $8M +222,852 +3779.7%
74 LIN 0.23% 17,119 $8M $475.00 -$3M -7,364 -30.1%
75 PG 0.23% 52,918 $8M $153.65 -$4M -26,026 -33.0%
76 LLY 0.23% 10,638 $8M $763.00 -$8M -9,924 -48.3%
77 V 0.23% 23,737 $8M $341.38 -$18M -49,068 -67.4%
78 MU 0.23% 48,369 $8M $167.32 $4M +13,337 +38.1%
79 BABA 0.23% 45,223 $8M $178.73 $5M +20,548 +83.3%
80 SPIB 0.22% 234,524 $8M $33.89 +234,524 NEW
81 UNH 0.21% 21,993 $8M $345.30 -$8M -29,508 -57.3%
82 TCOM 0.21% 97,428 $7M $75.20 $7M +85,113 +691.1%
83 ORLY 0.20% 67,020 $7M $107.81 $6M +53,984 +414.1%
84 ORCL 0.20% 25,165 $7M $281.24 -$3M -20,630 -45.0%
85 LONZ 0.20% 137,396 $7M $51.07 +137,396 NEW
86 RSP 0.20% 36,977 $7M $189.70 $4M +21,450 +138.2%
87 IBM 0.19% 24,275 $7M $282.16 $201K +1,721 +7.6%
88 SMCI 0.19% 141,043 $7M $47.94 -$5M -93,580 -39.9%
89 ADBE 0.19% 19,156 $7M $352.75 -$707K -137 -0.7%
90 VNQ 0.19% 73,117 $7M $91.42 $6M +61,133 +510.1%
91 COIN 0.18% 19,554 $7M $337.49 -$263K -26 -0.1%
92 XLI 0.18% 42,717 $7M $154.23 $7M +42,692 +170768.0%
93 CMCSA 0.18% 209,416 $7M $31.42 $3M +113,217 +117.7%
94 CUK 0.18% 247,869 $7M $26.44 $7M +246,198 +14733.6%
95 BSJQ 0.18% 277,502 $6M $23.40 +277,502 NEW
96 CVX 0.18% 41,556 $6M $155.29 -$4M -32,864 -44.2%
97 NKE 0.18% 90,909 $6M $69.73 $2M +24,860 +37.6%
98 ZROZ 0.18% 93,100 $6M $67.96 $5M +69,205 +289.6%
99 T 0.17% 219,131 $6M $28.24 $324K +16,492 +8.1%
100 SUB 0.17% 57,480 $6M $106.78 -$2M -15,169 -20.9%

New Positions

SymbolValue% Port
JPST $31M 0.86%
VBIL $29M 0.82%
XLB $12M 0.34%
STIP $11M 0.32%
FENY $11M 0.31%
TBIL $11M 0.30%
TIP $8M 0.23%
SPIB $8M 0.22%
LONZ $7M 0.20%
BSJQ $6M 0.18%
VTV $4M 0.11%
XBIL $4M 0.11%
VONG $4M 0.10%
EVLN $3M 0.09%
AIRR $3M 0.09%

Sold Out Positions

SymbolValue% Port
JHX —%
IGD —%
SID —%
PAY —%
HYT —%
NZF —%
LPL —%
ODV —%
CANG —%
SRI —%
IFS —%
DSX —%
HQH —%
PTY —%
TSI —%
View SEC EDGAR Filings for Tower Research Capital LLC (TRC) →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms