Q2 2025 · 13F-HR
Second Line Capital, LLCholdings as filed
Filed 2025-08-18 · accession 0001992879-25-000004
$430.4M
Reported value
149
Positions
2025-06-30
Period end
The Brief · Second Line Capital, LLC · Q2 2025
AI · grounded in 13F
Second Line Capital, LLC established a new position in ACIO valued at $50.1M. The fund also initiated new stakes in DRSK for $36.2M and IDUB for $28.6M. Additional new positions include SPDW at $23.5M and ADME at $20.5M. Total assets under management stand at $430.4M across 149 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 26922A222 | ACIO | ETF SER SOLUTIONS | $50.1M | 11.6% | 1,210,020 | Common | NONE |
| 26922A388 | DRSK | ETF SER SOLUTIONS | $36.2M | 8.41% | 1,259,871 | Common | NONE |
| 26922B709 | IDUB | ETF SER SOLUTIONS | $28.6M | 6.65% | 1,285,816 | Common | NONE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $23.5M | 5.46% | 580,049 | Common | NONE |
| 26922A784 | ADME | ETF SER SOLUTIONS | $20.5M | 4.77% | 426,066 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $20.0M | 4.65% | 32,269 | Common | NONE |
| 26922A446 | OSCV | ETF SER SOLUTIONS | $20.0M | 4.64% | 552,897 | Common | NONE |
| 26922B642 | JUCY | ETF SER SOLUTIONS | $17.1M | 3.98% | 770,179 | Common | NONE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $13.2M | 3.07% | 72,588 | Common | NONE |
| 26922B535 | DUBS | ETF SER SOLUTIONS | $10.3M | 2.40% | 305,481 | Common | NONE |
| 78463X509 | SPEM | SPDR INDEX SHS FDS | $10.0M | 2.32% | 234,021 | Common | NONE |
| 03831W108 | APP | APPLOVIN CORP | $9.5M | 2.21% | 27,146 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $8.8M | 2.04% | 17,656 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $7.7M | 1.78% | 10,389 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $6.8M | 1.59% | 43,350 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $6.5M | 1.52% | 22,591 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $5.6M | 1.29% | 27,099 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $5.0M | 1.17% | 22,929 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $4.8M | 1.11% | 44,485 | Common | NONE |
| 931142103 | WMT | WALMART INC | $4.3M | 0.99% | 43,740 | Common | NONE |
| 92826C839 | V | VISA INC | $3.9M | 0.90% | 10,866 | Common | NONE |
| 74762E102 | QURE | QUANTA SVCS INC | $3.8M | 0.89% | 10,082 | Common | NONE |
| 09661T602 | BKAG | BNY MELLON ETF TRUST | $3.8M | 0.88% | 89,693 | Common | NONE |
| 15101Q207 | CLS | CELESTICA INC | $3.7M | 0.87% | 23,905 | Common | SOLE |
| 565788106 | MARA | MARA HOLDINGS INC | $3.7M | 0.86% | 237,249 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $3.7M | 0.86% | 16,630 | Common | NONE |
| 67576A100 | OCUL | OCULAR THERAPEUTIX INC | $3.6M | 0.83% | 385,467 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $3.5M | 0.82% | 45,604 | Common | SOLE |
| 743315103 | PGR | PROGRESSIVE CORP | $3.5M | 0.82% | 13,197 | Common | NONE |
| 11133T103 | BR | BROADRIDGE FINL SOLUTIONS IN | $3.5M | 0.81% | 14,284 | Common | NONE |
| 776696106 | ROP | ROPER TECHNOLOGIES INC | $3.4M | 0.80% | 6,079 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $3.4M | 0.80% | 24,006 | Common | SOLE |
| 437076102 | HD | HOME DEPOT INC | $3.4M | 0.79% | 9,232 | Common | NONE |
| 16359R103 | CHE | CHEMED CORP NEW | $3.0M | 0.69% | 6,084 | Common | NONE |
| 217204106 | CPRT | COPART INC | $2.9M | 0.67% | 58,931 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $2.9M | 0.67% | 20,348 | Common | SOLE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $2.8M | 0.66% | 20,691 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $2.8M | 0.64% | 8,726 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $2.4M | 0.55% | 4,178 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $2.1M | 0.49% | 34,273 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $2.1M | 0.49% | 19,444 | Common | NONE |
| 243537107 | DECK | DECKERS OUTDOOR CORP | $2.0M | 0.45% | 18,981 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $2.0M | 0.45% | 6,269 | Common | NONE |
| 464287465 | EFA | ISHARES TR | $1.9M | 0.43% | 20,815 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $1.8M | 0.42% | 3,742 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $1.7M | 0.39% | 2,675 | Common | NONE |
| 26922B444 | UPSD | ETF SER SOLUTIONS | $1.6M | 0.37% | 63,946 | Common | SOLE |
| 35953D104 | FUBOGBP | FUBOTV INC | $1.5M | 0.35% | 390,612 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $1.4M | 0.32% | 61,942 | Common | SOLE |
| 50208A102 | XSCDX | LMP CAP & INCOME FD INC | $1.1M | 0.26% | 71,600 | Common | SOLE |
| 00206R102 | T | AT&T INC | $1.1M | 0.25% | 36,511 | Common | SOLE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $1.0M | 0.24% | 6,586 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $1.0M | 0.24% | 4,778 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.0M | 0.24% | 1,891 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $1.0M | 0.24% | 4,676 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $1.0M | 0.23% | 10,974 | Common | SOLE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $862,713 | 0.20% | 5,648 | Common | NONE |
| 78464A847 | SPMD | SPDR SERIES TRUST | $855,462 | 0.20% | 15,731 | Common | NONE |
| 26922B451 | DEFR | ETF SER SOLUTIONS | $791,821 | 0.18% | 30,876 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $771,848 | 0.18% | 4,380 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $702,004 | 0.16% | 2,547 | Common | SOLE |
| 191216100 | KO | COCA COLA CO | $687,837 | 0.16% | 9,651 | Common | SOLE |
| 921909768 | VXUS | VANGUARD STAR FDS | $595,146 | 0.14% | 8,614 | Common | SOLE |
| 45826J105 | NTLA | INTELLIA THERAPEUTICS INC | $591,193 | 0.14% | 63,027 | Common | SOLE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $590,110 | 0.14% | 2,871 | Common | SOLE |
| 41013T105 | PDT | HANCOCK JOHN PREM DIVID FD | $580,419 | 0.13% | 44,071 | Common | SOLE |
| 053332102 | AZO | AUTOZONE INC | $556,835 | 0.13% | 150 | Common | SOLE |
| 58933Y105 | MRK | MERCK & CO INC | $485,807 | 0.11% | 6,078 | Common | NONE |
| 922908736 | VUG | VANGUARD INDEX FDS | $480,281 | 0.11% | 1,095 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $479,589 | 0.11% | 10,135 | Common | NONE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $475,696 | 0.11% | 934 | Common | NONE |
| 29273V100 | ET | ENERGY TRANSFER L P | $475,682 | 0.11% | 26,237 | Common | SOLE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $473,104 | 0.11% | 16,092 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $470,783 | 0.11% | 5,246 | Common | NONE |
| G8994E103 | TT | TRANE TECHNOLOGIES PLC | $460,187 | 0.11% | 1,052 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $459,988 | 0.11% | 1,509 | Common | NONE |
| 02209S103 | MO | ALTRIA GROUP INC | $456,165 | 0.11% | 7,647 | Common | SOLE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $447,833 | 0.10% | 11,118 | Common | SOLE |
| 78468R853 | SPSM | SPDR SERIES TRUST | $447,475 | 0.10% | 10,504 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $444,528 | 0.10% | 1,508 | Common | SOLE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $433,593 | 0.10% | 4,770 | Common | NONE |
| 302635206 | FSK | FS KKR CAP CORP | $433,528 | 0.10% | 20,211 | Common | SOLE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $400,483 | 0.09% | 9,255 | Common | SOLE |
| 92204A702 | VGT | VANGUARD WORLD FD | $391,335 | 0.09% | 590 | Common | NONE |
| 78468R804 | LGLV | SPDR SERIES TRUST | $381,742 | 0.09% | 2,186 | Common | NONE |
| 055622104 | BP | BP PLC | $381,736 | 0.09% | 12,754 | Common | SOLE |
| 01881G106 | AB | ALLIANCEBERNSTEIN HLDG L P | $379,496 | 0.09% | 9,295 | Common | SOLE |
| 580135101 | MCD | MCDONALDS CORP | $376,315 | 0.09% | 1,288 | Common | NONE |
| 718546104 | PSX | PHILLIPS 66 | $373,886 | 0.09% | 3,134 | Common | SOLE |
| 81762P102 | NOW | SERVICENOW INC | $371,137 | 0.09% | 361 | Common | NONE |
| 620076307 | MSI | MOTOROLA SOLUTIONS INC | $361,277 | 0.08% | 857 | Common | NONE |
| 46435G524 | IGRO | ISHARES TR | $357,914 | 0.08% | 4,537 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $352,828 | 0.08% | 1,371 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $352,061 | 0.08% | 2,588 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $344,168 | 0.08% | 1,129 | Common | NONE |
| 74460D109 | PSA | PUBLIC STORAGE OPER CO | $332,738 | 0.08% | 1,134 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $330,099 | 0.08% | 1,778 | Common | NONE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $325,829 | 0.08% | 6,222 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $324,722 | 0.08% | 2,608 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $321,996 | 0.07% | 2,389 | Common | NONE |
| G54950103 | LIN | LINDE PLC | $321,586 | 0.07% | 685 | Common | NONE |
| 46435G326 | IDEV | ISHARES TR | $308,537 | 0.07% | 4,058 | Common | NONE |
| 969457100 | WMB | WILLIAMS COS INC | $303,871 | 0.07% | 4,838 | Common | SOLE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $303,670 | 0.07% | 1,199 | Common | NONE |
| 773903109 | ROK | ROCKWELL AUTOMATION INC | $303,271 | 0.07% | 913 | Common | SOLE |
| 09260D107 | BX | BLACKSTONE INC | $293,027 | 0.07% | 1,959 | Common | SOLE |
| 03676B102 | AM | ANTERO MIDSTREAM CORP | $291,451 | 0.07% | 15,380 | Common | SOLE |
| 33738R704 | AIRR | FIRST TR EXCHANGE TRADED FD | $286,202 | 0.07% | 3,516 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $285,925 | 0.07% | 4,121 | Common | SOLE |
| 33738R100 | MDIV | FIRST TR EXCHANGE TRADED FD | $282,967 | 0.07% | 17,898 | Common | NONE |
| 46120E602 | ISRG | INTUITIVE SURGICAL INC | $282,573 | 0.07% | 520 | Common | NONE |
| 78468R663 | BIL | SPDR SERIES TRUST | $274,970 | 0.06% | 2,998 | Common | NONE |
| 172967424 | C | CITIGROUP INC | $272,490 | 0.06% | 3,201 | Common | SOLE |
| 46641Q837 | JPST | J P MORGAN EXCHANGE TRADED F | $271,117 | 0.06% | 5,350 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $268,412 | 0.06% | 1,153 | Common | NONE |
| 73278L105 | POOL | POOL CORP | $265,987 | 0.06% | 913 | Common | SOLE |
| 78464A201 | SLYG | SPDR SERIES TRUST | $265,173 | 0.06% | 2,988 | Common | NONE |
| 464287739 | IYR | ISHARES TR | $260,273 | 0.06% | 2,746 | Common | NONE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $256,015 | 0.06% | 2,744 | Common | NONE |
| 020002101 | ALL | ALLSTATE CORP | $246,090 | 0.06% | 1,216 | Common | SOLE |
| 718172109 | PM | PHILIP MORRIS INTL INC | $245,419 | 0.06% | 1,338 | Common | NONE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $244,425 | 0.06% | 1,834 | Common | NONE |
| 78464A631 | XAR | SPDR SERIES TRUST | $238,636 | 0.06% | 1,131 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $237,904 | 0.06% | 3,427 | Common | NONE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $236,057 | 0.05% | 2,891 | Common | NONE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $234,525 | 0.05% | 8,850 | Common | SOLE |
| 410120109 | HWC | HANCOCK WHITNEY CORPORATION | $233,962 | 0.05% | 4,076 | Common | NONE |
| 097023105 | BA | BOEING CO | $230,064 | 0.05% | 1,098 | Common | SOLE |
| 464287457 | SHY | ISHARES TR | $228,528 | 0.05% | 2,758 | Common | NONE |
| 92939U106 | WEC | WEC ENERGY GROUP INC | $228,511 | 0.05% | 2,193 | Common | SOLE |
| 112830104 | RA | BROOKFIELD REAL ASSETS INCOM | $228,420 | 0.05% | 17,085 | Common | SOLE |
| 75513E101 | RTX | RTX CORPORATION | $225,169 | 0.05% | 1,542 | Common | SOLE |
| 92203J407 | BNDX | VANGUARD CHARLOTTE FDS | $221,706 | 0.05% | 4,478 | Common | SOLE |
| 53656F623 | INFL | LISTED FDS TR | $218,609 | 0.05% | 5,184 | Common | SOLE |
| 049560105 | ATO | ATMOS ENERGY CORP | $216,216 | 0.05% | 1,403 | Common | NONE |
| 78464A508 | SPYV | SPDR SERIES TRUST | $216,112 | 0.05% | 4,129 | Common | SOLE |
| 863667101 | SYK | STRYKER CORPORATION | $214,956 | 0.05% | 542 | Common | NONE |
| 233331107 | DTE | DTE ENERGY CO | $214,547 | 0.05% | 1,606 | Common | SOLE |
| 149123101 | CAT | CATERPILLAR INC | $213,904 | 0.05% | 551 | Common | SOLE |
| 745867101 | PHM | PULTE GROUP INC | $212,250 | 0.05% | 2,008 | Common | NONE |
| 78464A409 | SPYG | SPDR SERIES TRUST | $211,610 | 0.05% | 2,220 | Common | SOLE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $210,026 | 0.05% | 703 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $209,370 | 0.05% | 915 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $208,358 | 0.05% | 5,838 | Common | NONE |
| 594972408 | MSTR | MICROSTRATEGY INC | $206,157 | 0.05% | 510 | Common | SOLE |
| 146280508 | SILA | SILA REALTY TRUST INC | $206,047 | 0.05% | 8,705 | Common | NONE |
| 00302M106 | XAGDX | ABRDN GLOBAL DYNAMIC DIVIDEN | $165,115 | 0.04% | 14,956 | Common | SOLE |
| 67066V101 | NAD | NUVEEN QUALITY MUNCP INCOME | $132,385 | 0.03% | 11,648 | Common | SOLE |
| 30290Y101 | FSCO | FS CREDIT OPPORTUNITIES CORP | $83,294 | 0.02% | 11,473 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.