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Asset Manager ← All Institutions

Heron Bay Capital Management

Q4 2025 · Filed 2026-02-13
Market Value
$513M
-2.9%
Holdings
118
+2
New Purchases
17
Added To
23
Closed
10
Reduced
60
Top 10 Concentration
47.9%
Turnover
22.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FDS 4.46% 3.00% +1.46% $23M
LPLA 5.83% 5.02% +0.81% $30M
THQ 2.21% 1.61% +0.60% $11M
LRCX 2.72% 2.29% +0.43% $14M
KKR 2.60% 2.23% +0.37% $13M
TREX 0.36% 0.00% +0.36% $2M
PYPL 0.27% 0.00% +0.27% $1M
MEDP 2.13% 1.91% +0.22% $11M
CRM 1.79% 1.61% +0.18% $9M
CSWI 0.92% 0.74% +0.18% $5M
LNTH 0.32% 0.16% +0.16% $2M
ROK 2.77% 2.62% +0.15% $14M
ETG 1.40% 1.25% +0.15% $7M
TRU 2.96% 2.81% +0.15% $15M
INCY 0.66% 0.55% +0.11% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CCSI 5.33% 6.68% -1.36% $27M
GOOGL 5.55% 6.25% -0.70% $28M
ETY 0.54% 1.22% -0.68% $3M
TNET 0.91% 1.55% -0.64% $5M
VNT 5.86% 6.43% -0.57% $30M
POOL 0.32% 0.80% -0.48% $2M
META 3.04% 3.33% -0.28% $16M
ZBRA 1.68% 1.91% -0.24% $9M
ULTA 3.20% 3.41% -0.20% $16M
MSFT 4.42% 4.62% -0.20% $23M
BRO 1.38% 1.58% -0.20% $7M
ZTS 1.00% 1.20% -0.20% $5M
ETSY 0.15% 0.33% -0.18% $744K
ENPH 0.04% 0.20% -0.15% $226K
LH 1.06% 1.19% -0.12% $5M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 17 $122M 23.7%
Large Cap 38 $242M 47.1%
Mid Cap 18 $79M 15.3%
Small Cap 21 $69M 13.5%
Micro Cap 24 $2M 0.4%

Portfolio Analytics

Avg Market Cap
$313.1B
Median Market Cap
$7.6B
Avg P/E
24.7
Median P/E
19.3
Avg Dividend Yield
0.01%
Avg Beta
1.08
# Stocks
110
# ETFs / Funds
8

Top Holdings (118 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VNT 5.86% 809,187 $30M $37.18 -$4M -632 -0.1%
2 LPLA 5.83% 83,827 $30M $357.17 $3M +4,050 +5.1%
3 GOOGL 5.55% 91,001 $28M $313.00 -$5M -44,997 -33.1%
4 CCSI 5.33% 1,253,487 $27M $21.82 -$8M +49,761 +4.1%
5 SCHW 4.68% 240,206 $24M $99.91 -$620K -17,669 -6.8%
6 SSNC 4.61% 270,669 $24M $87.42 -$460K -1,097 -0.4%
7 FDS 4.46% 78,915 $23M $290.19 $7M +23,556 +42.5%
8 MSFT 4.42% 46,899 $23M $483.62 -$2M -277 -0.6%
9 AMZN 3.94% 87,577 $20M $230.82 -$271K -5,721 -6.1%
10 ULTA 3.20% 27,189 $16M $605.01 -$2M -5,789 -17.6%
11 META 3.04% 23,667 $16M $660.09 -$2M -286 -1.2%
12 TRU 2.96% 177,431 $15M $85.75 $339K -131 -0.1%
13 ROK 2.77% 36,569 $14M $389.07 $375K -3,064 -7.7%
14 LRCX 2.72% 81,512 $14M $171.18 $2M -8,821 -9.8%
15 MCK 2.69% 16,846 $14M $820.30 -$694K -1,939 -10.3%
16 KKR 2.60% 104,505 $13M $127.48 $2M +13,915 +15.4%
17 PRGS 2.22% 264,862 $11M $42.96 $207K +10,551 +4.2%
18 THQ 2.21% 592,723 $11M $19.13 $3M +101,439 +20.6%
19 MEDP 2.13% 19,431 $11M $561.65 $823K -195 -1.0%
20 CRM 1.79% 34,727 $9M $264.91 $697K -1,147 -3.2%
21 ZBRA 1.68% 35,443 $9M $242.82 -$2M +1,362 +4.0%
22 MSCI 1.62% 14,453 $8M $573.74 $61K -54 -0.4%
23 ETG 1.40% 312,034 $7M $23.10 $581K -1,589 -0.5%
24 BRO 1.38% 89,190 $7M $79.70 -$1M -151 -0.2%
25 BRK-B 1.37% 13,975 $7M $502.65 -$700K -1,389 -9.0%
26 ADBE 1.18% 17,367 $6M $349.99 $131K +507 +3.0%
27 LH 1.06% 21,727 $5M $250.88 -$823K -128 -0.6%
28 ZTS 1.00% 40,829 $5M $125.82 -$1M -2,395 -5.5%
29 IBP 0.98% 19,311 $5M $259.39 $246K -1 -0.0%
30 CSWI 0.92% 16,069 $5M $293.53 $822K +24 +0.1%
31 TNET 0.91% 78,635 $5M $59.13 -$4M -43,845 -35.8%
32 GOOG 0.86% 14,084 $4M $313.80 $165K -3,384 -19.4%
33 TXN 0.83% 24,636 $4M $173.49 -$301K -265 -1.1%
34 BUD 0.82% 65,355 $4M $64.04 $313K +400 +0.6%
35 CHKP 0.73% 20,326 $4M $185.56 -$527K -450 -2.2%
36 NMAI 0.73% 287,775 $4M $13.04 -$13K -2,299 -0.8%
37 INCY 0.66% 34,171 $3M $98.77 $475K -24 -0.1%
38 EXEL 0.61% 71,780 $3M $43.83 $165K -397 -0.6%
39 CRUS 0.57% 24,719 $3M $118.50 -$182K -115 -0.5%
40 ETY 0.54% 179,361 $3M $15.34 -$4M -224,989 -55.6%
41 ZM 0.46% 27,196 $2M $86.29 $100K -32 -0.1%
42 SWKS 0.43% 34,616 $2M $63.41 -$484K -187 -0.5%
43 TREX 0.36% 53,095 $2M $35.08 +53,095 NEW
44 UTHR 0.36% 3,800 $2M $487.25 $251K -19 -0.5%
45 AAPL 0.34% 6,427 $2M $271.84 -$83K -760 -10.6%
46 LNTH 0.32% 24,788 $2M $66.55 $788K +7,996 +47.6%
47 POOL 0.32% 7,155 $2M $228.76 -$3M -6,541 -47.8%
48 PATH 0.31% 96,817 $2M $16.39 $291K -27 -0.0%
49 PYPL 0.27% 23,736 $1M $58.38 +23,736 NEW
50 BWA 0.26% 29,929 $1M $45.06 $21K -272 -0.9%
51 BMY 0.20% 19,379 $1M $53.94 $158K -303 -1.5%
52 QRVO 0.20% 11,983 $1M $84.51 -$281K -2,220 -15.6%
53 BN 0.17% 19,286 $885K $45.89 -$2K +6,349 +49.1%
54 BRK-A 0.15% 1 $755K $754,800.00 $600
55 ETSY 0.15% 13,426 $744K $55.44 -$980K -12,541 -48.3%
56 NTES 0.14% 5,302 $730K $137.62 -$81K -30 -0.6%
57 FVRR 0.12% 31,469 $622K $19.76 -$151K -180 -0.6%
58 HPQ 0.11% 26,303 $586K $22.28 -$130K -5 -0.0%
59 DIS 0.11% 4,750 $540K $113.77 -$3K
60 BSCQ 0.10% 27,450 $537K $19.58 -$30K -1,551 -5.3%
61 AVK 0.10% 42,823 $537K $12.54 -$11K
62 EXPE 0.10% 1,880 $533K $283.31 $153K +106 +6.0%
63 ASML 0.10% 493 $527K $1,069.86 $69K +19 +4.0%
64 NVDA 0.09% 2,600 $485K $186.53 $79K +423 +19.4%
65 CB 0.09% 1,545 $482K $312.12 $46K
66 TSM 0.09% 1,547 $470K $303.89 $50K +43 +2.9%
67 IJR 0.09% 3,689 $443K $120.18 $5K
68 ITRN 0.08% 10,056 $433K $43.01 $70K -95 -0.9%
69 ACN 0.08% 1,513 $406K $268.30 $30K -13 -0.8%
70 NU 0.08% 23,714 $397K $16.74 $14K -238 -1.0%
71 QCOM 0.08% 2,285 $391K $171.05 $5K -36 -1.6%
72 NICE 0.08% 3,417 $386K $113.04 -$242K -920 -21.2%
73 WMT 0.07% 3,012 $336K $111.41 $25K
74 BE 0.06% 3,512 $305K $86.89 $8K
75 AVUV 0.06% 2,924 $298K $101.98 $6K -14 -0.5%
76 QLTY 0.06% 7,418 $285K $38.46 -$72K -2,454 -24.9%
77 FET 0.06% 7,671 $283K $36.95 $63K -584 -7.1%
78 NATR 0.05% 12,733 $275K $21.58 +12,733 NEW
79 ESP 0.05% 5,776 $272K $47.13 $41K -66 -1.1%
80 CCLD 0.05% 92,739 $271K $2.92 $31K +18,124 +24.3%
81 UNH 0.05% 776 $256K $330.11 -$12K
82 CRTO 0.05% 11,753 $242K $20.61 +11,753 NEW
83 TACT 0.05% 59,022 $236K $4.00 +59,022 NEW
84 MU 0.04% 797 $227K $285.41 +797 NEW
85 ENPH 0.04% 7,036 $226K $32.05 -$814K -22,333 -76.0%
86 OOMA 0.04% 17,803 $209K $11.73 +17,803 NEW
87 UUU 0.04% 36,024 $186K $5.16 +36,024 NEW
88 MG 0.04% 14,564 $184K $12.65 $36K -509 -3.4%
89 SLS.TO 0.03% 17,543 $140K $7.97 +17,543 NEW
90 SSSS 0.03% 14,513 $137K $9.44 +14,513 NEW
91 OPRT 0.03% 25,761 $136K $5.29 -$16K +1,134 +4.6%
92 HFFG 0.03% 60,285 $130K $2.15 -$12K +8,807 +17.1%
93 ULBI 0.02% 22,223 $127K $5.72 +22,223 NEW
94 TBLA 0.02% 27,509 $127K $4.61 +27,509 NEW
95 FRSH 0.02% 10,268 $126K $12.25 +10,268 NEW
96 PBYI 0.02% 20,056 $119K $5.95 +20,056 NEW
97 UPLD 0.02% 83,184 $119K $1.43 -$86K -3,355 -3.9%
98 CPIX 0.02% 29,189 $116K $3.98 $17K -2,475 -7.8%
99 VNCE 0.02% 27,989 $114K $4.08 -$30K -15,322 -35.4%
100 EGHT 0.02% 44,258 $87K $1.97 -$4K +1,202 +2.8%

New Positions

SymbolValue% Port
TREX $2M 0.36%
PYPL $1M 0.27%
NATR $275K 0.05%
CRTO $242K 0.05%
TACT $236K 0.05%
MU $227K 0.04%
OOMA $209K 0.04%
UUU $186K 0.04%
SLS.TO $140K 0.03%
SSSS $137K 0.03%
ULBI $127K 0.02%
TBLA $127K 0.02%
FRSH $126K 0.02%
PBYI $119K 0.02%
TYGO $76K 0.01%

Sold Out Positions

SymbolValue% Port
NVO —%
RNGR —%
CHCI —%
DH —%
NCSM —%
ZDGE —%
TGEN —%
UEIC —%
RSSS —%
OB —%
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