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Asset Manager ← All Institutions

Heron Bay Capital Management

Q3 2025 · Filed 2025-11-12
Market Value
$529M
+5.8%
Holdings
116
-11
New Purchases
13
Added To
18
Closed
15
Reduced
63
Top 10 Concentration
48.8%
Turnover
24.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CCSI 6.68% 5.44% +1.25% $35M
GOOGL 6.25% 5.02% +1.23% $33M
ADBE 1.12% 0.00% +1.12% $6M
CSWI 0.74% 0.00% +0.74% $4M
MEDP 1.91% 1.23% +0.68% $10M
PRGS 2.11% 1.50% +0.62% $11M
CRM 1.61% 1.04% +0.57% $9M
LRCX 2.29% 1.77% +0.52% $12M
TNET 1.55% 1.15% +0.40% $8M
ULTA 3.41% 3.16% +0.25% $18M
PATH 0.25% 0.00% +0.25% $1M
MSCI 1.56% 1.34% +0.21% $8M
ZTS 1.20% 0.99% +0.21% $6M
IBP 0.90% 0.70% +0.20% $5M
ENPH 0.20% 0.00% +0.20% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FOXA 0.00% 2.18% -2.18% $0
WBD 0.00% 1.51% -1.51% $0
LPLA 5.02% 6.19% -1.17% $27M
META 3.33% 3.88% -0.55% $18M
BRO 1.58% 1.99% -0.41% $8M
TRU 2.81% 3.19% -0.37% $15M
AMZN 3.87% 4.15% -0.27% $20M
KKR 2.23% 2.49% -0.27% $12M
DOCU 0.00% 0.25% -0.25% $0
FDS 3.00% 3.25% -0.25% $16M
MSFT 4.62% 4.86% -0.24% $24M
BUD 0.73% 0.95% -0.22% $4M
ROK 2.62% 2.84% -0.22% $14M
ZBRA 1.91% 2.13% -0.22% $10M
CHKP 0.81% 1.03% -0.21% $4M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 16 $129M 24.4%
Large Cap 43 $241M 45.6%
Mid Cap 18 $80M 15.1%
Small Cap 15 $76M 14.4%
Micro Cap 24 $3M 0.5%

Portfolio Analytics

Avg Market Cap
$313.5B
Median Market Cap
$12.3B
Avg P/E
23.5
Median P/E
19.3
Avg Dividend Yield
0.01%
Avg Beta
1.06
# Stocks
108
# ETFs / Funds
8

Top Holdings (116 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 CCSI 6.68% 1,203,726 $35M $29.37 $8M +24,980 +2.1%
2 VNT 6.43% 809,819 $34M $41.97 $3M -38,141 -4.5%
3 GOOGL 6.25% 135,998 $33M $243.10 $8M -6,581 -4.6%
4 LPLA 5.02% 79,777 $27M $332.69 -$4M -2,738 -3.3%
5 SCHW 4.66% 257,875 $25M $95.47 $445K -7,080 -2.7%
6 MSFT 4.62% 47,176 $24M $517.95 $129K -1,689 -3.5%
7 SSNC 4.56% 271,766 $24M $88.76 $1M -5,516 -2.0%
8 AMZN 3.87% 93,298 $20M $219.57 -$245K -1,195 -1.3%
9 ULTA 3.41% 32,978 $18M $546.75 $2M -815 -2.4%
10 META 3.33% 23,953 $18M $734.38 -$2M -2,306 -8.8%
11 FDS 3.00% 55,359 $16M $286.49 -$371K +19,072 +52.6%
12 TRU 2.81% 177,562 $15M $83.78 -$1M -3,476 -1.9%
13 MCK 2.74% 18,785 $15M $772.54 $448K -407 -2.1%
14 ROK 2.62% 39,633 $14M $349.53 -$344K -3,107 -7.3%
15 LRCX 2.29% 90,333 $12M $133.90 $3M -536 -0.6%
16 KKR 2.23% 90,590 $12M $129.95 -$697K -3,145 -3.4%
17 PRGS 2.11% 254,311 $11M $43.93 $4M +137,189 +117.1%
18 ZBRA 1.91% 34,081 $10M $297.16 -$534K -495 -1.4%
19 MEDP 1.91% 19,626 $10M $514.16 $4M -14 -0.1%
20 CRM 1.61% 35,874 $9M $237.00 $3M +16,792 +88.0%
21 THQ 1.61% 491,284 $8M $17.29 $98K +34,724 +7.6%
22 BRO 1.58% 89,341 $8M $93.79 -$2M -548 -0.6%
23 MSCI 1.56% 14,507 $8M $567.42 $2M +2,869 +24.6%
24 TNET 1.55% 122,480 $8M $66.89 $2M +43,860 +55.8%
25 BRK-B 1.46% 15,364 $8M $502.74 $210K -105 -0.7%
26 ETG 1.25% 313,623 $7M $21.13 $48K -544 -0.2%
27 ETY 1.22% 404,350 $6M $15.90 $141K -2,133 -0.5%
28 ZTS 1.20% 43,224 $6M $146.32 $1M +11,490 +36.2%
29 LH 1.19% 21,855 $6M $287.06 $267K -1,026 -4.5%
30 ADBE 1.12% 16,860 $6M $352.75 +16,860 NEW
31 IBP 0.90% 19,312 $5M $246.66 $1M -129 -0.7%
32 TXN 0.87% 24,901 $5M $183.73 -$576K +91 +0.4%
33 CHKP 0.81% 20,776 $4M $206.91 -$832K -2,412 -10.4%
34 GOOG 0.80% 17,468 $4M $243.55 $1M -56 -0.3%
35 POOL 0.80% 13,696 $4M $310.08 $191K -220 -1.6%
36 CSWI 0.74% 16,045 $4M $242.75 +16,045 NEW
37 BUD 0.73% 64,955 $4M $59.61 -$900K -4,487 -6.5%
38 NMAI 0.71% 290,074 $4M $12.98 $93K -641 -0.2%
39 CRUS 0.59% 24,834 $3M $125.29 $503K -189 -0.8%
40 EXEL 0.56% 72,177 $3M $41.30 -$267K -1,506 -2.0%
41 INCY 0.55% 34,195 $3M $84.81 $561K -157 -0.5%
42 SWKS 0.51% 34,803 $3M $76.98 $79K -84 -0.2%
43 ZM 0.42% 27,228 $2M $82.50 $100K -294 -1.1%
44 AAPL 0.35% 7,187 $2M $254.64 $332K -114 -1.6%
45 ETSY 0.33% 25,967 $2M $66.39 $409K -248 -0.9%
46 UTHR 0.30% 3,819 $2M $419.21 $492K -39 -1.0%
47 BWA 0.25% 30,201 $1M $43.96 $307K -292 -1.0%
48 PATH 0.25% 96,844 $1M $13.38 +96,844 NEW
49 QRVO 0.24% 14,203 $1M $91.08 $111K +277 +2.0%
50 ENPH 0.20% 29,369 $1M $35.39 +29,369 NEW
51 BMY 0.17% 19,682 $888K $45.10 -$89K -1,425 -6.8%
52 BN 0.17% 12,937 $887K $68.58 $78K -139 -1.1%
53 LNTH 0.16% 16,792 $861K $51.29 +16,792 NEW
54 NTES 0.15% 5,332 $810K $151.99 +5,332 NEW
55 FVRR 0.15% 31,649 $773K $24.41 +31,649 NEW
56 BRK-A 0.14% 1 $754K $754,200.00 $25K
57 HPQ 0.14% 26,308 $716K $27.23 $68K -209 -0.8%
58 NICE 0.12% 4,337 $628K $144.78 +4,337 NEW
59 BSCQ 0.11% 29,001 $567K $19.56 -$3K -205 -0.7%
60 AVK 0.10% 42,823 $548K $12.79 $29K
61 DIS 0.10% 4,750 $544K $114.50 -$45K
62 ASML 0.09% 474 $459K $968.09 +474 NEW
63 IJR 0.08% 3,689 $438K $118.83 $208K +1,581 +75.0%
64 CB 0.08% 1,545 $436K $282.25 -$12K
65 TSM 0.08% 1,504 $420K $279.29 -$552K -2,789 -65.0%
66 NVDA 0.08% 2,177 $406K $186.61 $62K -3 -0.1%
67 QCOM 0.07% 2,321 $386K $166.36 $22K +34 +1.5%
68 NU 0.07% 23,952 $383K $16.01 $48K -531 -2.2%
69 EXPE 0.07% 1,774 $379K $213.75 $62K -104 -5.5%
70 ACN 0.07% 1,526 $376K $246.60 -$92K -42 -2.7%
71 ITRN 0.07% 10,151 $363K $35.72 -$243K -5,485 -35.1%
72 QLTY 0.07% 9,872 $357K $36.19 -$92K -3,229 -24.6%
73 NVO 0.07% 6,266 $348K $55.49 -$39K +660 +11.8%
74 TGEN 0.06% 37,167 $327K $8.81 $75K
75 WMT 0.06% 3,012 $310K $103.06 $31K +150 +5.2%
76 BE 0.06% 3,512 $297K $84.57 +3,512 NEW
77 AVUV 0.06% 2,938 $292K $99.53 $24K -13 -0.4%
78 UNH 0.05% 776 $268K $345.30 $26K
79 CCLD 0.05% 74,615 $240K $3.21 -$47K -46,828 -38.6%
80 ESP 0.04% 5,842 $231K $39.61 -$43K -154 -2.6%
81 NCSM 0.04% 4,353 $222K $51.06 +4,353 NEW
82 FET 0.04% 8,255 $220K $26.71 +8,255 NEW
83 UPLD 0.04% 86,539 $205K $2.37 $25K -6,054 -6.5%
84 ZDGE 0.03% 58,338 $170K $2.91 -$183K -29,638 -33.7%
85 RSSS 0.03% 43,306 $162K $3.73 $124K +30,212 +230.7%
86 CHCI 0.03% 11,013 $154K $14.01 $37K -623 -5.3%
87 OPRT 0.03% 24,627 $152K $6.17 -$24K
88 RNGR 0.03% 10,801 $152K $14.04 $8K -1,270 -10.5%
89 MG 0.03% 15,073 $148K $9.84 $64K +4,604 +44.0%
90 UEIC 0.03% 31,737 $148K $4.66 +31,737 NEW
91 VNCE 0.03% 43,311 $145K $3.34 $76K -4,395 -9.2%
92 HFFG 0.03% 51,478 $142K $2.76 $71K +29,070 +129.7%
93 DH 0.02% 26,977 $110K $4.06 -$2K -1,674 -5.8%
94 RFIL 0.02% 13,117 $108K $8.23 $41K +2,711 +26.1%
95 CPIX 0.02% 31,664 $99K $3.12 -$13K -1,587 -4.8%
96 EGHT 0.02% 43,056 $91K $2.12 $5K -1,115 -2.5%
97 QUAD 0.02% 13,082 $82K $6.26 -$205K -37,762 -74.3%
98 MAPS 0.01% 66,884 $78K $1.16 -$75K -103,392 -60.7%
99 HGBL 0.01% 34,717 $58K $1.66 -$21K -805 -2.3%
100 BTMD 0.01% 17,408 $52K $3.00 -$121K -25,688 -59.6%

New Positions

SymbolValue% Port
ADBE $6M 1.12%
CSWI $4M 0.74%
PATH $1M 0.25%
ENPH $1M 0.20%
LNTH $861K 0.16%
NTES $810K 0.15%
FVRR $773K 0.15%
NICE $628K 0.12%
ASML $459K 0.09%
BE $297K 0.06%
NCSM $222K 0.04%
FET $220K 0.04%
UEIC $148K 0.03%

Sold Out Positions

SymbolValue% Port
DOCU —%
FOXA —%
ACGL —%
DBX —%
FTNT —%
EXFY —%
HNNA —%
OTEX —%
SNOA —%
WBD —%
OXBR —%
EBAY —%
RAIL —%
ETWO —%
RE —%
View SEC EDGAR Filings for Heron Bay Capital Management →

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