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Asset Manager ← All Institutions

Balefire, LLC

14221 DALLAS PARKWAY SUITE 100, DALLAS, TX 75254 • 9728488123

Q2 2025 · Filed 2025-07-09
Market Value
$452M
+57.5%
Holdings
369
+49
New Purchases
170
Added To
130
Closed
16
Reduced
50
Top 10 Concentration
22.4%
Turnover
50.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPLG 1.45% 0.12% +1.33% $7M
RSP 1.03% 0.00% +1.03% $5M
SPY 1.86% 0.87% +0.98% $8M
HYG 0.96% 0.00% +0.96% $4M
NVDA 1.85% 1.04% +0.81% $8M
MSFT 1.82% 1.17% +0.64% $8M
IVV 0.81% 0.19% +0.62% $4M
IQV 0.59% 0.00% +0.59% $3M
QQQM 0.55% 0.00% +0.55% $3M
DLTR 0.63% 0.10% +0.53% $3M
SPHY 0.52% 0.00% +0.52% $2M
HYLB 0.65% 0.14% +0.51% $3M
VTV 0.50% 0.00% +0.50% $2M
VUG 0.48% 0.00% +0.48% $2M
JNK 0.46% 0.00% +0.46% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPTM 3.93% 7.04% -3.11% $18M
MBSF 2.29% 4.22% -1.93% $10M
SHY 2.67% 4.09% -1.42% $12M
SPAB 1.95% 2.93% -0.98% $9M
IHI 0.00% 0.93% -0.93% $0
IEI 0.00% 0.92% -0.92% $0
BRK-B 1.28% 2.16% -0.88% $6M
LQD 1.45% 2.28% -0.83% $7M
FIS 0.58% 1.37% -0.79% $3M
PM 1.35% 2.12% -0.78% $6M
BAX 0.78% 1.49% -0.71% $4M
NICE 0.60% 1.29% -0.69% $3M
REM 0.96% 1.65% -0.69% $4M
FMS 0.33% 1.01% -0.67% $2M
DE 1.61% 2.24% -0.63% $7M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 64.0%
Technology 9.4%
Industrials 6.2%
Healthcare 5.2%
Energy 3.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 64 $124M 27.5%
Large Cap 223 $243M 53.7%
Mid Cap 55 $59M 13.0%
Small Cap 17 $13M 2.8%
Micro Cap 10 $13M 2.9%

Portfolio Analytics

Avg Market Cap
$192.7B
Median Market Cap
$39.5B
Avg P/E
32.2
Median P/E
23.3
Avg Dividend Yield
0.02%
Avg Beta
0.91
# Stocks
209
# ETFs / Funds
160

Top Holdings (369 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 SPTM 3.93% 237,450 $18M $74.89 -$2M -59,757 -20.1%
2 SHY 2.67% 145,806 $12M $82.86 $338K +3,861 +2.7%
3 QQQ 2.29% 18,754 $10M $551.64 $4M +5,666 +43.3%
4 MBSF 2.29% 404,975 $10M $25.52 -$2M -70,802 -14.9%
5 VOO 1.98% 15,736 $9M $568.03 $4M +6,162 +64.4%
6 SPAB 1.95% 345,144 $9M $25.60 $410K +15,257 +4.6%
7 SPY 1.86% 13,580 $8M $617.84 $6M +9,102 +203.3%
8 NVDA 1.85% 53,063 $8M $157.99 $5M +25,543 +92.8%
9 MSFT 1.82% 16,516 $8M $497.42 $5M +7,543 +84.1%
10 BIL 1.80% 88,595 $8M $91.73 $4M +39,256 +79.6%
11 DE 1.61% 14,313 $7M $508.49 $843K +602 +4.4%
12 LQD 1.45% 59,931 $7M $109.61 $22K -306 -0.5%
13 SPLG 1.45% 90,094 $7M $72.69 $6M +84,988 +1664.5%
14 PM 1.35% 33,411 $6M $182.13 -$4K -4,950 -12.9%
15 SDY 1.30% 43,267 $6M $135.73 $555K +4,078 +10.4%
16 BRK-B 1.28% 11,900 $6M $485.77 -$425K +248 +2.1%
17 AAPL 1.28% 28,126 $6M $205.17 $2M +11,788 +72.2%
18 AMZN 1.20% 24,665 $5M $219.39 $3M +9,498 +62.6%
19 GLD 1.19% 17,687 $5M $304.83 $571K +956 +5.7%
20 RSP 1.03% 25,753 $5M $181.74 +25,753 NEW
21 HYG 0.96% 54,033 $4M $80.65 +54,033 NEW
22 REM 0.96% 203,395 $4M $21.38 -$379K -7,275 -3.5%
23 AVTR 0.90% 302,114 $4M $13.46 $235K +65,735 +27.8%
24 IVV 0.81% 5,883 $4M $620.89 $3M +4,903 +500.3%
25 GOOG 0.80% 20,312 $4M $177.39 $529K +635 +3.2%
26 ORCL 0.79% 16,368 $4M $218.63 $2M +2,103 +14.7%
27 BAX 0.78% 116,953 $4M $30.28 -$746K -8,303 -6.6%
28 EFA 0.71% 36,081 $3M $89.39 $877K +7,354 +25.6%
29 AGNCZ 0.71% 349,718 $3M $9.19 $72K +21,771 +6.6%
30 FI 0.69% 18,161 $3M $172.41 $38K +4,152 +29.6%
31 JPM 0.68% 10,577 $3M $289.91 $1M +3,176 +42.9%
32 USHY 0.67% 80,654 $3M $37.51 $176K +3,237 +4.2%
33 LNG 0.66% 12,283 $3M $243.52 $62K -377 -3.0%
34 HYLB 0.65% 79,396 $3M $36.92 $3M +68,346 +618.5%
35 WMB 0.64% 45,773 $3M $62.81 $406K +4,455 +10.8%
36 DLTR 0.63% 28,543 $3M $99.04 $3M +24,726 +647.8%
37 GDX 0.62% 53,678 $3M $52.06 $162K -3,594 -6.3%
38 KOF 0.61% 28,483 $3M $96.73 $25K -1,423 -4.8%
39 NICE 0.60% 16,065 $3M $168.91 -$988K -7,944 -33.1%
40 SHYG 0.60% 62,781 $3M $43.14 $1M +27,695 +78.9%
41 IQV 0.59% 16,979 $3M $157.59 +16,979 NEW
42 FIS 0.58% 32,457 $3M $81.41 -$1M -20,386 -38.6%
43 CYBR 0.58% 6,430 $3M $406.88 $610K +494 +8.3%
44 AMLP 0.58% 53,384 $3M $48.86 -$141K +452 +0.8%
45 TBIL 0.57% 51,461 $3M $50.00 $8K +172 +0.3%
46 CCJ 0.56% 33,929 $3M $74.23 $1M +328 +1.0%
47 QQQM 0.55% 11,026 $3M $227.10 +11,026 NEW
48 BLL 0.55% 44,231 $2M $56.09 $71K -2,060 -4.5%
49 AVGO 0.54% 8,882 $2M $275.65 $2M +5,717 +180.6%
50 SPEM 0.54% 56,642 $2M $42.74 $2M +47,353 +509.8%
51 META 0.53% 3,275 $2M $738.09 $2M +2,544 +348.0%
52 SPDW 0.53% 59,356 $2M $40.49 $2M +48,157 +430.0%
53 SPHY 0.52% 98,812 $2M $23.80 +98,812 NEW
54 COP 0.52% 26,191 $2M $89.74 -$361K +376 +1.5%
55 VTV 0.50% 12,787 $2M $176.74 +12,787 NEW
56 EEM 0.49% 46,258 $2M $48.24 $121K -2,047 -4.2%
57 ETN 0.49% 6,144 $2M $356.99 $489K -127 -2.0%
58 VUG 0.48% 4,971 $2M $438.40 +4,971 NEW
59 JNK 0.46% 21,162 $2M $97.27 +21,162 NEW
60 CRL 0.45% 13,494 $2M $151.73 $591K +3,815 +39.4%
61 SPYG 0.44% 20,915 $2M $95.32 $2M +18,064 +633.6%
62 TSLA 0.44% 6,204 $2M $317.66 $1M +4,051 +188.2%
63 RDVY 0.43% 31,046 $2M $62.74 +31,046 NEW
64 IBN 0.43% 57,756 $2M $33.64 $45K -2,465 -4.1%
65 SJNK 0.42% 74,278 $2M $25.48 $328K +12,086 +19.4%
66 RTO 0.41% 77,368 $2M $24.00 -$46K -5,745 -6.9%
67 WMG 0.41% 68,140 $2M $27.24 -$390K -3,492 -4.9%
68 AGG 0.39% 17,950 $2M $99.20 $1M +12,006 +202.0%
69 TMO 0.39% 4,386 $2M $405.46 $63K +938 +27.2%
70 FDL 0.39% 41,999 $2M $41.87 +41,999 NEW
71 GOOGL 0.38% 9,707 $2M $176.23 +9,707 NEW
72 IEFA 0.38% 20,475 $2M $83.48 $1M +11,357 +124.6%
73 SHV 0.38% 15,382 $2M $110.42 $842K +7,625 +98.3%
74 STIP 0.37% 16,472 $2M $102.91 +16,472 NEW
75 IEMG 0.37% 27,558 $2M $60.03 +27,558 NEW
76 WMT 0.36% 16,865 $2M $97.78 $1M +12,129 +256.1%
77 MBB 0.35% 17,089 $2M $93.89 +17,089 NEW
78 NOW 0.35% 1,552 $2M $1,028.08 $1M +1,139 +275.8%
79 LVHI 0.35% 48,989 $2M $32.55 +48,989 NEW
80 BWZ 0.35% 56,091 $2M $28.07 +56,091 NEW
81 JIRE 0.34% 21,998 $2M $70.77 +21,998 NEW
82 SPHQ 0.34% 21,806 $2M $71.26 +21,806 NEW
83 LLY 0.34% 1,981 $2M $779.55 $684K +939 +90.1%
84 V 0.34% 4,340 $2M $355.05 $851K +2,372 +120.5%
85 EUFN 0.34% 48,564 $2M $31.63 +48,564 NEW
86 FMS 0.33% 52,578 $2M $28.57 -$1M -63,533 -54.7%
87 FTSM 0.33% 24,609 $1M $59.87 +24,609 NEW
88 IEUR 0.32% 22,009 $1M $66.20 +22,009 NEW
89 IBM 0.32% 4,913 $1M $294.78 $593K +1,474 +42.9%
90 CACI 0.32% 3,007 $1M $476.70 $484K +420 +16.2%
91 MA 0.30% 2,434 $1M $561.94 $713K +1,240 +103.8%
92 BN 0.29% 21,064 $1M $61.85 $97K -1,935 -8.4%
93 CLOI 0.29% 24,470 $1M $52.95 -$21K -452 -1.8%
94 SCHW 0.28% 14,017 $1M $91.24 -$1M -18,454 -56.8%
95 LBRDK 0.28% 12,942 $1M $98.38 $54K -1,398 -9.8%
96 FCX 0.28% 29,092 $1M $43.35 +29,092 NEW
97 LMT 0.27% 2,684 $1M $463.14 $117K +164 +6.5%
98 LMBS 0.27% 24,758 $1M $49.26 +24,758 NEW
99 SPSM 0.27% 28,608 $1M $42.60 +28,608 NEW
100 HD 0.27% 3,317 $1M $366.64 $65K +177 +5.6%

New Positions

SymbolValue% Port
RSP $5M 1.03%
HYG $4M 0.96%
IQV $3M 0.59%
QQQM $3M 0.55%
SPHY $2M 0.52%
VTV $2M 0.50%
VUG $2M 0.48%
JNK $2M 0.46%
RDVY $2M 0.43%
FDL $2M 0.39%
GOOGL $2M 0.38%
STIP $2M 0.37%
IEMG $2M 0.37%
MBB $2M 0.35%
LVHI $2M 0.35%

Sold Out Positions

SymbolValue% Port
ARES —%
VAL —%
CMI —%
AZO —%
TDW —%
L —%
DDM —%
BKLN —%
IEI —%
JAAA —%
IHI —%
NLR —%
BABA —%
GSST —%
MMKT —%
View SEC EDGAR Filings for Balefire, LLC →

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