— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Second Line Capital, LLC

Q2 2025 · Filed 2025-08-18
Market Value
$427M
+10.2%
Holdings
155
+3
New Purchases
12
Added To
75
Closed
9
Reduced
45
Top 10 Concentration
56.2%
Turnover
13.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
CLS 0.87% 0.00% +0.87% $4M
MRVL 0.83% 0.00% +0.83% $4M
MSFT 2.06% 1.55% +0.51% $9M
NVDA 1.61% 1.12% +0.49% $7M
APP 2.23% 1.85% +0.38% $10M
PWR 0.89% 0.63% +0.26% $4M
META 1.80% 1.58% +0.22% $8M
MARA 0.87% 0.69% +0.19% $4M
OCUL 0.84% 0.66% +0.18% $4M
SPDW 5.51% 5.33% +0.18% $23M
AMZN 1.18% 1.05% +0.13% $5M
DECK 0.46% 0.33% +0.13% $2M
JPM 1.54% 1.41% +0.12% $7M
AMD 0.68% 0.58% +0.10% $3M
ACIO 11.75% 11.65% +0.09% $50M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
JUCY 4.01% 4.55% -0.53% $17M
UNH 0.46% 0.87% -0.41% $2M
SHAK 0.00% 0.39% -0.39% $0
PG 0.25% 0.61% -0.37% $1M
GCT 0.00% 0.34% -0.34% $0
VKTX 0.00% 0.31% -0.31% $0
CVX 0.81% 1.08% -0.27% $3M
CHE 0.69% 0.92% -0.23% $3M
ACLS 0.00% 0.22% -0.22% $0
XOM 1.12% 1.34% -0.21% $5M
DRSK 8.49% 8.65% -0.16% $36M
BKAG 0.89% 1.04% -0.16% $4M
DUBS 2.42% 2.57% -0.15% $10M
AAPL 1.30% 1.45% -0.14% $6M
IJR 0.50% 0.62% -0.12% $2M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 41 $106M 24.8%
Large Cap 80 $117M 27.5%
Mid Cap 16 $64M 15.0%
Small Cap 16 $102M 23.9%
Micro Cap 2 $38M 8.8%

Portfolio Analytics

Avg Market Cap
$315.8B
Median Market Cap
$87.5B
Avg P/E
34.4
Median P/E
25.0
Avg Dividend Yield
0.03%
Avg Beta
0.93
# Stocks
103
# ETFs / Funds
52

Top Holdings (155 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ACIO 11.75% 1,210,020 $50M $41.40 $5M +44,689 +3.8%
2 DRSK 8.49% 1,259,871 $36M $28.74 $3M +32,208 +2.6%
3 IDUB 6.71% 1,285,816 $29M $22.26 $3M +58,222 +4.7%
4 SPDW 5.51% 580,049 $23M $40.49 $3M +13,961 +2.5%
5 ADME 4.81% 426,066 $21M $48.20 $2M +12,325 +3.0%
6 SPY 4.69% 32,269 $20M $619.66 $2M -391 -1.2%
7 OSCV 4.68% 552,897 $20M $36.11 $2M +29,187 +5.6%
8 JUCY 4.01% 770,179 $17M $22.23 -$468K -241 -0.0%
9 RSP 3.09% 72,588 $13M $181.74 $1M +4,284 +6.3%
10 DUBS 2.42% 305,481 $10M $33.80 $363K -17,109 -5.3%
11 SPEM 2.35% 234,021 $10M $42.74 $1M +7,803 +3.5%
12 APP 2.23% 27,146 $10M $350.08 $2M +127 +0.5%
13 MSFT 2.06% 17,656 $9M $497.41 $3M +1,693 +10.6%
14 META 1.80% 10,389 $8M $738.12 $2M -225 -2.1%
15 NVDA 1.61% 43,350 $7M $158.00 $3M +3,361 +8.4%
16 JPM 1.54% 22,591 $7M $289.90 $1M +283 +1.3%
17 AAPL 1.30% 27,099 $6M $205.17 -$41K +1,884 +7.5%
18 AMZN 1.18% 22,929 $5M $219.39 $985K +1,669 +7.8%
19 XOM 1.12% 44,485 $5M $107.80 -$374K +1,020 +2.4%
20 WMT 1.00% 43,740 $4M $97.78 $564K +1,560 +3.7%
21 V 0.90% 10,866 $4M $355.04 $172K +348 +3.3%
22 PWR 0.89% 10,082 $4M $378.08 $1M +423 +4.4%
23 BKAG 0.89% 89,693 $4M $42.18 -$256K -6,188 -6.5%
24 CLS 0.87% 23,905 $4M $156.11 +23,905 NEW
25 MARA 0.87% 237,249 $4M $15.68 $1M +6,139 +2.7%
26 AMT 0.87% 16,630 $4M $222.70 $194K +500 +3.1%
27 OCUL 0.84% 385,467 $4M $9.28 $1M +39,369 +11.4%
28 MRVL 0.83% 45,604 $4M $77.40 +45,604 NEW
29 PGR 0.83% 13,197 $4M $266.85 -$104K +385 +3.0%
30 BR 0.82% 14,284 $3M $243.90 $153K +593 +4.3%
31 ROP 0.81% 6,079 $3M $566.88 $3K +239 +4.1%
32 CVX 0.81% 24,006 $3M $143.19 -$729K -901 -3.6%
33 HD 0.79% 9,232 $3M $366.62 $5K +10 +0.1%
34 CHE 0.69% 6,084 $3M $486.92 -$607K +283 +4.9%
35 CPRT 0.68% 58,931 $3M $49.07 -$201K +4,284 +7.8%
36 AMD 0.68% 20,348 $3M $141.90 $654K -1,392 -6.4%
37 FANG 0.67% 20,691 $3M $137.40 -$159K +1,915 +10.2%
38 TSLA 0.65% 8,726 $3M $317.66 $556K +176 +2.1%
39 VOO 0.56% 4,178 $2M $569.71 $233K
40 IJH 0.50% 34,273 $2M $62.02 $53K -1,250 -3.5%
41 IJR 0.50% 19,444 $2M $109.29 -$273K -3,485 -15.2%
42 DECK 0.46% 18,981 $2M $103.07 $689K +7,645 +67.4%
43 UNH 0.46% 6,269 $2M $311.98 -$1M -133 -2.1%
44 EFA 0.44% 20,815 $2M $89.39 $126K -409 -1.9%
45 BRK-B 0.43% 3,742 $2M $485.77 $98K +513 +15.9%
46 IVV 0.39% 2,675 $2M $620.98 $7K -269 -9.1%
47 ARCC 0.32% 61,942 $1M $21.96 -$186K -7,836 -11.2%
48 SCD 0.26% 71,600 $1M $15.72 -$88K -4,000 -5.3%
49 T 0.25% 36,511 $1M $28.94 $36K +422 +1.2%
50 PG 0.25% 6,586 $1M $159.33 -$1M -7,366 -52.8%
51 ORCL 0.24% 4,778 $1M $218.63 $387K +73 +1.6%
52 QQQ 0.24% 1,891 $1M $552.21 $155K -4 -0.2%
53 LOW 0.24% 4,676 $1M $221.88 -$61K -33 -0.7%
54 SO 0.24% 10,974 $1M $91.83 $9K +113 +1.0%
55 JNJ 0.20% 5,648 $863K $152.75 -$91K -105 -1.8%
56 SPMD 0.20% 15,731 $855K $54.38 $45K -101 -0.6%
57 GOOGL 0.18% 4,380 $772K $176.22 $129K +221 +5.3%
58 AVGO 0.16% 2,547 $702K $275.62 $240K -210 -7.6%
59 KO 0.16% 9,651 $688K $71.27 $12K +275 +2.9%
60 VXUS 0.14% 8,614 $595K $69.09 $61K +10 +0.1%
61 NTLA 0.14% 63,027 $591K $9.38 $25K -16,672 -20.9%
62 VIG 0.14% 2,871 $590K $205.54 -$23K -287 -9.1%
63 PDT 0.14% 44,071 $580K $13.17 -$10K -1,073 -2.4%
64 AZO 0.13% 150 $557K $3,712.23 -$15K
65 MRK 0.11% 6,078 $486K $79.93 $100 +715 +13.3%
66 VUG 0.11% 1,095 $480K $438.61 $72K -6 -0.5%
67 BAC 0.11% 10,135 $480K $47.32 $50K -162 -1.6%
68 CRWD 0.11% 934 $476K $509.31 $163K +47 +5.3%
69 ET 0.11% 26,237 $476K $18.13 $6K +992 +3.9%
70 KMI 0.11% 16,092 $473K $29.40 $22K +267 +1.7%
71 COP 0.11% 5,246 $471K $89.74 -$53K +254 +5.1%
72 TT 0.11% 1,052 $460K $437.44 $109K +10 +1.0%
73 GLD 0.11% 1,509 $460K $304.83 $22K -10 -0.7%
74 MO 0.11% 7,647 $456K $59.65 $51K +1,004 +15.1%
75 AR 0.10% 11,118 $448K $40.28 -$2K
76 SPSM 0.10% 10,504 $447K $42.60 $19K -7 -0.1%
77 IBM 0.10% 1,508 $445K $294.78 $95K +102 +7.2%
78 CL 0.10% 4,770 $434K $90.90 -$13K
79 FSK 0.10% 20,211 $434K $21.45 -$25K -962 -4.5%
80 VZ 0.09% 9,255 $400K $43.27 -$20K -16 -0.2%
81 VGT 0.09% 590 $391K $663.28 $77K +10 +1.7%
82 LGLV 0.09% 2,186 $382K $174.63 $2K +2 +0.1%
83 BP 0.09% 12,754 $382K $29.93 -$21K +845 +7.1%
84 AB 0.09% 9,295 $379K $40.83 $67K +1,140 +14.0%
85 MCD 0.09% 1,288 $376K $292.17 -$26K
86 PSX 0.09% 3,134 $374K $119.30 -$13K
87 NOW 0.09% 361 $371K $1,028.08 +361 NEW
88 MSI 0.08% 857 $361K $421.56 $63 +34 +4.1%
89 IGRO 0.08% 4,537 $358K $78.89 $45K +222 +5.1%
90 GE 0.08% 1,371 $353K $257.35 $81K +18 +1.3%
91 ABT 0.08% 2,588 $352K $136.04 $9K +1 +0.0%
92 VTI 0.08% 1,129 $344K $304.84 $34K
93 PSA 0.08% 1,134 $333K $293.42 -$2K +15 +1.3%
94 ABBV 0.08% 1,778 $330K $185.66 -$19K +112 +6.7%
95 XLF 0.08% 6,222 $326K $52.37 $6K -202 -3.1%
96 DIS 0.08% 2,608 $325K $124.51 $68K +5 +0.2%
97 XLV 0.08% 2,389 $322K $134.78 -$39K -85 -3.4%
98 LIN 0.08% 685 $322K $469.47 $38K +76 +12.5%
99 IDEV 0.07% 4,058 $309K $76.03 $34K +69 +1.7%
100 WMB 0.07% 4,838 $304K $62.81 $33K +302 +6.7%

New Positions

SymbolValue% Port
CLS $4M 0.87%
MRVL $4M 0.83%
NOW $371K 0.09%
UBER $256K 0.06%
XAR $239K 0.06%
BA $230K 0.05%
SYK $215K 0.05%
CAT $214K 0.05%
PHM $212K 0.05%
SPYG $212K 0.05%
MSTR $206K 0.05%
FSCO $83K 0.02%

Sold Out Positions

SymbolValue% Port
ED —%
BMY —%
DVN —%
SHAK —%
GCT —%
DGRO —%
VKTX —%
ACLS —%
F-PD —%
View SEC EDGAR Filings for Second Line Capital, LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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