Second Line Capital, LLC — Q1 2026 13F-HR

← Second Line Capital, LLC

Q1 2026 · 13F-HR

Second Line Capital, LLCholdings as filed

Filed 2026-05-15 · accession 0001992879-26-000009

$528.0M

Reported value

185

Positions

2026-03-31

Period end

View analyzed profile →PRO

The Brief · Second Line Capital, LLC · Q1 2026

AI · grounded in 13F

Second Line Capital, LLC established a new position in CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES valued at $5.15M. The fund also opened a new position in GALAXY DIGITAL INC. CL A for $4.28M and increased its stake in DUBS by 57.8%. On the sell side, the fund trimmed its holding in FTSM by 91.1%.

Holdings as filed

CUSIP	Ticker	Issuer	Value	% port.	Shares	Class	Voting
26922A222	ACIO	APTUS COLLARED INVESTMENT OPPORTUNITY ETF	$57.3M	10.9%	1,266,731	Common	SOLE
26922A388	DRSK	APTUS DEFINED RISK ETF	$41.7M	7.90%	1,462,265	Common	SOLE
26922B709	IDUB	APTUS INTERNATIONAL ENHANCED YIELD	$37.2M	7.04%	1,389,518	Common	SOLE
78462F103	SPY	STATE STREET SPDR S&P 500 ETF	$28.8M	5.46%	40,114	Common	SOLE
78463X889	SPDW	STATE STREET SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF	$28.6M	5.42%	584,407	Common	SOLE
26922A446	OSCV	OPUS SMALL CAP VALUE ETF	$24.5M	4.64%	592,935	Common	SOLE
26922A784	ADME	APTUS DRAWDOWN MANAGED EQUITY ETF	$23.6M	4.47%	437,300	Common	SOLE
26922B535	DUBS	APTUS LARGE CAP ENHANCED YIELD ETF	$19.9M	3.77%	497,908	Common	SOLE
26922B642	JUCY	APTUS ENHANCED YIELD ETF	$19.9M	3.77%	899,234	Common	SOLE
78463X509	SPEM	STATE STREET SPDR PORTFOLIO EMERGING MARKETS ETF	$12.5M	2.37%	244,079	Common	SOLE
67066G104	NVDA	NVIDIA CORPORATION COM	$9.7M	1.83%	48,385	Common	SOLE
03831W108	APP	APPLOVIN CORP COM CL A	$9.6M	1.82%	21,585	Common	SOLE
594918104	MSFT	MICROSOFT CORP COM	$7.8M	1.48%	19,193	Common	SOLE
037833100	AAPL	APPLE INC COM	$7.5M	1.42%	27,725	Common	SOLE
21873S108	CRWV	COREWEAVE INC COM CL A	$7.4M	1.40%	66,244	Common	SOLE
46625H100	JPM	JPMORGAN CHASE & CO COM	$6.8M	1.28%	21,627	Common	SOLE
023135106	AMZN	AMAZON COM INC COM	$6.6M	1.24%	24,773	Common	SOLE
30231G102	XOM	EXXON MOBIL CORP COM	$6.4M	1.21%	41,264	Common	SOLE
74762E102	QURE	QUANTA SVCS INC COM	$6.3M	1.19%	8,625	Common	SOLE
931142103	WMT	WALMART INC COM	$5.7M	1.08%	43,387	Common	SOLE
97717Y527	USFR	WISDOMTREE FLOATING RATE TREASURY FUND	$5.5M	1.04%	109,126	Common	SOLE
G25457105	CRDO	CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES	$5.2M	0.98%	29,617	Common	SOLE
25278X109	FANG	DIAMONDBACK ENERGY INC COM	$5.0M	0.94%	24,149	Common	SOLE
67576A100	OCUL	OCULAR THERAPEUTIX INC COM	$5.0M	0.94%	528,290	Common	SOLE
30303M102	META	META PLATFORMS INC CL A	$4.7M	0.88%	7,616	Common	SOLE
166764100	CVX	CHEVRON CORPORATION COM	$4.6M	0.86%	23,613	Common	SOLE
09661T602	BKAG	BNY MELLON CORE BOND ETF	$4.4M	0.83%	104,032	Common	SOLE
36317J209	GLXY	GALAXY DIGITAL INC. CL A	$4.3M	0.81%	156,098	Common	SOLE
88160R101	TSLA	TESLA INC COM	$4.2M	0.80%	11,073	Common	SOLE
46137V357	RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	$3.9M	0.74%	19,112	Common	SOLE
92826C839	V	VISA INC COM CL A	$3.6M	0.68%	10,896	Common	SOLE
565788106	MARA	MARA HOLDINGS INC COM	$3.2M	0.60%	263,802	Common	SOLE
16359R103	CHE	CHEMED CORP NEW COM	$3.0M	0.58%	7,161	Common	SOLE
038169207	APLD	APPLIED DIGITAL CORP COM NEW	$3.0M	0.56%	86,703	Common	SOLE
03027X100	AMT	AMERICAN TOWER CORP COM	$2.9M	0.56%	16,050	Common	SOLE
032095101	APH	AMPHENOL CORP CL A	$2.9M	0.54%	19,455	Common	SOLE
437076102	HD	HOME DEPOT INC COM	$2.9M	0.54%	8,703	Common	SOLE
743315103	PGR	PROGRESSIVE CORP COM	$2.8M	0.53%	13,950	Common	SOLE
46138G649	QQQM	INVESCO NASDAQ 100 ETF	$2.6M	0.49%	9,335	Common	SOLE
26922B444	UPSD	APTUS LARGE CAP UPSIDE ETF	$2.5M	0.48%	93,551	Common	SOLE
217204106	CPRT	COPART INC COM	$2.4M	0.45%	72,519	Common	SOLE
11133T103	BR	BROADRIDGE FINL SOLUTIONS INC COM	$2.3M	0.43%	14,806	Common	SOLE
464287465	EFA	ISHARES MSCI EAFE ETF	$2.3M	0.43%	22,031	Common	SOLE
922908363	VOO	VANGUARD S&P 500 ETF	$2.2M	0.42%	3,384	Common	SOLE
46641Q654	JMST	JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF	$2.2M	0.42%	43,508	Common	SOLE
464287507	IJH	ISHARES CORE S&P MID-CAP ETF	$2.1M	0.40%	29,228	Common	SOLE
084670702	BRK/B	BERKSHIRE HATHAWAY INC DEL CL B NEW	$2.1M	0.40%	4,469	Common	SOLE
464287804	IJR	ISHARES CORE S&P SMALL CAP ETF	$2.1M	0.40%	15,213	Common	SOLE
02079K305	GOOGL	ALPHABET INC CAP STK CL A	$1.9M	0.37%	5,053	Common	SOLE
46090E103	QQQ	INVESCO QQQ TRUST SERIES I	$1.7M	0.33%	2,614	Common	SOLE
464287200	IVV	ISHARES CORE S&P 500 ETF	$1.7M	0.32%	2,373	Common	SOLE
81762P102	NOW	SERVICENOW INC COM	$1.7M	0.32%	19,049	Common	SOLE
47103U845	JAAA	JANUS HENDERSON AAA CLO ETF	$1.4M	0.27%	28,138	Common	SOLE
35671D857	FCX	FREEPORT MCMORAN INC CL B	$1.4M	0.27%	24,466	Common	SOLE
26922B451	DEFR	APTUS DEFERRED INCOME ETF	$1.4M	0.26%	52,556	Common	SOLE
33739Q408	FTSM	FIRST TRUST ENHANCED SHORT MATURITY ETF	$1.2M	0.24%	20,800	Common	SOLE
007903107	AMD	ADVANCED MICRO DEVICES INC COM	$1.2M	0.23%	3,486	Common	SOLE
11135F101	AVGO	BROADCOM INC COM	$1.2M	0.23%	2,927	Common	SOLE
742718109	PG	PROCTER & GAMBLE CO COM	$1.1M	0.21%	7,584	Common	SOLE
842587107	SO	SOUTHERN CO COM	$1.1M	0.21%	11,453	Common	SOLE
171484108	CHDN	CHURCHILL DOWNS INC COM	$1.0M	0.20%	10,200	Common	SOLE
458140100	INTC	INTEL CORP COM	$1.0M	0.19%	10,876	Common	SOLE
055622104	BP	BP PLC SPONSORED ADR	$1.0M	0.19%	21,427	Common	SOLE
053332102	AZO	AUTOZONE INC COM	$996,384	0.19%	269	Common	SOLE
46641Q837	JPST	JPMORGAN ULTRA-SHORT INCOME ETF	$983,000	0.19%	19,427	Common	SOLE
478160104	JNJ	JOHNSON & JOHNSON COM	$969,333	0.18%	4,217	Common	SOLE
68389X105	ORCL	ORACLE CORP COM	$950,426	0.18%	5,889	Common	SOLE
149123101	CAT	CATERPILLAR INC COM	$923,934	0.17%	1,038	Common	SOLE
17275R102	CSCO	CISCO SYS INC COM	$915,819	0.17%	10,009	Common	SOLE
78464A847	SPMD	STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF	$904,465	0.17%	14,174	Common	SOLE
20825C104	COP	CONOCOPHILLIPS COM	$808,089	0.15%	6,425	Common	SOLE
00206R102	T	AT&T INC COM	$763,164	0.14%	29,206	Common	SOLE
921909768	VXUS	VANGUARD TOTAL INTERNATIONAL STOCK ETF	$708,086	0.13%	8,525	Common	SOLE
921908844	VIG	VANGUARD DIVIDEND APPRECIATION ETF	$665,041	0.13%	2,908	Common	SOLE
191216100	KO	COCA COLA CO COM	$650,500	0.12%	8,259	Common	SOLE
58933Y105	MRK	MERCK & CO INC COM	$641,330	0.12%	5,874	Common	SOLE
718546104	PSX	PHILLIPS 66 COM	$615,918	0.12%	3,438	Common	SOLE
29273V100	ET	ENERGY TRANSFER L P COM UT LTD PTN	$610,187	0.12%	30,222	Common	SOLE
459200101	IBM	INTERNATIONAL BUSINESS MACHS COM	$608,632	0.12%	2,635	Common	SOLE
060505104	BAC	BANK OF AMER CORP COM	$602,828	0.11%	11,276	Common	SOLE
548661107	LOW	LOWES COS INC COM	$598,377	0.11%	2,506	Common	SOLE
78463V107	GLD	SPDR GOLD SHARES	$588,887	0.11%	1,390	Common	SOLE
02209S103	MO	ALTRIA GROUP INC COM	$546,338	0.10%	7,520	Common	SOLE
49456B101	KMI	KINDER MORGAN INC DEL COM	$544,779	0.10%	16,574	Common	SOLE
78468R853	SPSM	STATE STREET SPDR PORTFOLIO S&P 600 SMALL CAP ETF	$533,030	0.10%	9,989	Common	SOLE
92532F100	VRTX	VERTEX PHARMACEUTICALS INC COM	$508,155	0.10%	1,189	Common	SOLE
22788C105	CRWD	CROWDSTRIKE HLDGS INC CL A	$505,035	0.10%	1,133	Common	SOLE
336920103	FPX	FIRST TRUST US EQUITY OPPORTUNITIES ETF	$498,508	0.09%	2,749	Common	SOLE
41013T105	PDT	HANCOCK JOHN PREM DIVID FD COM SH BEN INT	$491,692	0.09%	37,165	Common	SOLE
92204A702	VGT	VANGUARD INFORMATION TECHNOLOGY ETF	$479,581	0.09%	4,648	Common	SOLE
G54950103	LIN	LINDE PLC SHS	$465,037	0.09%	928	Common	SOLE
92343V104	VZ	VERIZON COMMUNICATIONS INC COM	$464,893	0.09%	9,679	Common	SOLE
808524797	SCHD	SCHWAB US DIVIDEND EQUITY ETF	$448,884	0.09%	13,997	Common	SOLE
75513E101	RTX	RTX CORPORATION COM	$448,523	0.08%	2,547	Common	SOLE
532457108	LLY	ELI LILLY & CO COM	$446,867	0.08%	478	Common	SOLE
33738R704	AIRR	FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF	$446,145	0.08%	3,516	Common	SOLE
172967424	C	CITIGROUP INC COM NEW	$443,317	0.08%	3,464	Common	SOLE
G8994E103	TT	TRANE TECHNOLOGIES PLC SHS	$441,880	0.08%	897	Common	SOLE
020002101	ALL	ALLSTATE CORP COM	$421,381	0.08%	1,940	Common	SOLE
91324P102	UNH	UNITEDHEALTH GROUP INC COM	$408,537	0.08%	1,103	Common	SOLE
194162103	CL	COLGATE PALMOLIVE CO COM	$408,448	0.08%	4,785	Common	SOLE
03674X106	AR	ANTERO RESOURCES CORP COM	$407,322	0.08%	10,375	Common	SOLE
35953D401	FUBO	FUBOTV INC COM NEW CL A	$404,564	0.08%	32,838	Common	SOLE
65339F101	NEE	NEXTERA ENERGY INC COM	$399,602	0.08%	4,083	Common	SOLE
580135101	MCD	MCDONALDS CORP COM	$383,135	0.07%	1,305	Common	SOLE
81369Y803	XLK	STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF	$382,540	0.07%	2,398	Common	SOLE
46435G524	IGRO	ISHARES INTERNATIONAL DIVIDEND GROWTH ETF	$381,676	0.07%	4,350	Common	SOLE
620076307	MSI	MOTOROLA SOLUTIONS INC COM NEW	$380,859	0.07%	868	Common	SOLE
038222105	AMAT	APPLIED MATLS INC COM	$371,610	0.07%	942	Common	SOLE
969457100	WMB	WILLIAMS COS INC COM	$368,588	0.07%	4,830	Common	SOLE
46435G326	IDEV	ISHARES CORE MSCI INTERNATIONAL DEVELOPED MARKETS ETF	$365,143	0.07%	4,133	Common	SOLE
46120E602	ISRG	INTUITIVE SURGICAL INC COM NEW	$359,224	0.07%	785	Common	SOLE
254687106	DIS	DISNEY WALT CO COM	$352,251	0.07%	3,395	Common	SOLE
02079K107	GOOG	ALPHABET INC CAP STK CL C	$350,930	0.07%	919	Common	SOLE
03676B102	AM	ANTERO MIDSTREAM CORP COM	$342,656	0.06%	15,675	Common	SOLE
78464A508	SPYV	STATE STREET SPDR PORTFOLIO S&P 500 VALUE ETF	$342,454	0.06%	5,719	Common	SOLE
78468R804	LGLV	STATE STREET SPDR US LARGE CAP LOW VOLATILITY INDEX ETF	$342,430	0.06%	1,885	Common	SOLE
464288158	SUB	ISHARES SHORT-TERM NATIONAL MUNI BOND ETF	$340,417	0.06%	3,194	Common	SOLE
92206C680	VONG	VANGUARD RUSSELL 1000 GROWTH ETF	$336,117	0.06%	2,738	Common	SOLE
369604301	GE	GE AEROSPACE COM NEW	$336,085	0.06%	1,159	Common	SOLE
64110L106	NFLX	NETFLIX INC. COM	$329,507	0.06%	3,520	Common	SOLE
16411R208	LNG	CHENIERE ENERGY INC COM NEW	$320,997	0.06%	1,167	Common	SOLE
01881G106	AB	ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN	$320,042	0.06%	8,021	Common	SOLE
92206C714	VONV	VANGUARD RUSSELL 1000 VALUE ETF	$317,609	0.06%	3,131	Common	SOLE
922908629	VO	VANGUARD MID-CAP ETF	$307,850	0.06%	3,982	Common	SOLE
464287739	IYR	ISHARES U.S. REAL ESTATE ETF	$306,097	0.06%	2,983	Common	SOLE
293792107	EPD	ENTERPRISE PRODS PARTNERS L P COM	$304,592	0.06%	7,871	Common	SOLE
81369Y605	XLF	STATE STREET FINANCIAL SELECT SECTOR SPDR ETF	$303,536	0.06%	5,823	Common	SOLE
74460D109	PSA	PUBLIC STORAGE OPER CO COM	$303,357	0.06%	1,003	Common	SOLE
745867101	PHM	PULTE GROUP INC COM	$300,377	0.06%	2,455	Common	SOLE
040413205	ANET	ARISTA NETWORKS INC COM SHS	$296,198	0.06%	1,715	Common	SOLE
921946406	VYM	VANGUARD HIGH DIVIDEND YIELD INDEX ETF	$287,156	0.05%	1,827	Common	SOLE
56585A102	MPC	MARATHON PETE CORP COM	$286,278	0.05%	1,153	Common	SOLE
617446448	MS	MORGAN STANLEY COM NEW	$285,694	0.05%	1,499	Common	SOLE
31428X106	FDX	FEDEX CORP COM	$284,334	0.05%	705	Common	SOLE
90353T100	UBER	UBER TECHNOLOGIES INC COM	$279,862	0.05%	3,751	Common	SOLE
78464A409	SPYG	STATE STREET SPDR PORTFOLIO S&P 500 GROWTH ETF	$279,626	0.05%	2,488	Common	SOLE
776696106	ROP	ROPER TECHNOLOGIES INC COM	$276,248	0.05%	779	Common	SOLE
00287Y109	ABBV	ABBVIE INC COM	$275,500	0.05%	1,304	Common	SOLE
808513105	SCHW	SCHWAB CHARLES CORP COM	$274,049	0.05%	2,990	Common	SOLE
438516106	HON	HONEYWELL INTL INC COM	$271,669	0.05%	1,268	Common	SOLE
78464A201	SLYG	STATE STREET SPDR S&P 600 SMALL CAP GROWTH ETF	$268,077	0.05%	2,486	Common	SOLE
863667101	SYK	STRYKER CORPORATION COM	$267,596	0.05%	849	Common	SOLE
049560105	ATO	ATMOS ENERGY CORP COM	$267,112	0.05%	1,406	Common	SOLE
33738R100	MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$263,944	0.05%	15,805	Common	SOLE
92939U106	WEC	WEC ENERGY GROUP INC COM	$258,407	0.05%	2,191	Common	SOLE
464287655	IWM	ISHARES RUSSELL 2000 ETF	$255,619	0.05%	920	Common	SOLE
097023105	BA	BOEING CO COM	$254,223	0.05%	1,110	Common	SOLE
78464A631	XAR	STATE STREET SPDR S&P AEROSPACE & DEFENSE ETF	$252,024	0.05%	973	Common	SOLE
69608A108	PLTR	PALANTIR TECHNOLOGIES INC CL A	$251,928	0.05%	1,811	Common	SOLE
78468R663	BIL	STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF	$250,777	0.05%	2,737	Common	SOLE
46434V621	DGRO	ISHARES CORE DIVIDEND GROWTH ETF	$247,598	0.05%	3,360	Common	SOLE
302635206	FSK	FS KKR CAP CORP COM	$247,283	0.05%	21,981	Common	SOLE
883556102	TMO	THERMO FISHER SCIENTIFIC INC COM	$243,873	0.05%	509	Common	SOLE
464288414	MUB	ISHARES NATIONAL MUNI BOND ETF	$243,506	0.05%	2,273	Common	SOLE
718172109	PM	PHILIP MORRIS INTL INC COM	$238,424	0.05%	1,444	Common	SOLE
81369Y209	XLV	STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF	$233,957	0.04%	1,603	Common	SOLE
81369Y886	XLU	STATE STREET UTILITIES SELECT SECTOR SPDR ETF	$233,754	0.04%	4,989	Common	SOLE
91733P107	USAR	USA RARE EARTH INC COM	$231,756	0.04%	8,924	Common	SOLE
94106L109	WM	WASTE MGMT INC DEL COM	$229,759	0.04%	988	Common	SOLE
49714P108	KNSL	KINSALE CAP GROUP INC COM	$228,145	0.04%	705	Common	SOLE
55336V100	MPLX	MPLX LP COM UNIT REP LTD	$228,080	0.04%	4,053	Common	SOLE
172908105	CTAS	CINTAS CORP COM	$228,060	0.04%	1,305	Common	SOLE
464287457	SHY	ISHARES 1-3 YEAR TREASURY BOND ETF	$225,583	0.04%	2,735	Common	SOLE
697435105	PANW	PALO ALTO NETWORKS INC COM	$225,226	0.04%	1,256	Common	SOLE
78409V104	SPGI	S&P GLOBAL INC COM	$224,886	0.04%	521	Common	SOLE
G29183103	ETN	EATON CORP PLC SHS	$222,339	0.04%	513	Common	SOLE
002824100	ABT	ABBOTT LABORATORIES COM	$219,246	0.04%	2,415	Common	SOLE
553368101	MP	MP MATERIALS CORP COM CL A	$217,668	0.04%	3,296	Common	SOLE
780259305	SHEL	SHELL PLC SPON ADS	$216,463	0.04%	2,387	Common	SOLE
911363109	URI	UNITED RENTALS INC COM	$215,086	0.04%	224	Common	SOLE
146280508	SILA	SILA REALTY TRUST INC COMMON STOCK	$212,980	0.04%	6,999	Common	SOLE
92203J407	BNDX	VANGUARD TOTAL INTERNATIONAL BOND ETF	$211,900	0.04%	4,410	Common	SOLE
78464A375	SPIB	STATE STREET SPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF	$210,895	0.04%	6,286	Common	SOLE
46284V101	IRM	IRON MTN INC DEL COM	$209,269	0.04%	1,661	Common	SOLE
81369Y506	XLE	STATE STREET ENERGY SELECT SECTOR SPDR ETF	$207,224	0.04%	3,474	Common	SOLE
874039100	TSM	TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS	$207,139	0.04%	523	Common	SOLE
112830104	RA	BROOKFIELD REAL ASSETS INCOME SHS BEN INT	$207,064	0.04%	15,977	Common	SOLE
464288620	USIG	ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF	$201,464	0.04%	3,931	Common	SOLE
53656F623	INFL	HORIZON KINETICS INFLATION BENEFICIARIES ETF	$200,236	0.04%	3,761	Common	SOLE
00302M106	XAGDX	ABRDN GLOBAL DYNAMIC DIVIDEND COM	$159,677	0.03%	13,035	Common	SOLE
92333F101	VG	VENTURE GLOBAL INC COM CL A	$153,852	0.03%	11,594	Common	SOLE
345370860	F	FORD MTR CO COM	$144,344	0.03%	11,949	Common	SOLE
30290Y101	FSCO	FS CREDIT OPPORTUNITIES CORP COMMON STOCK	$54,679	0.01%	10,415	Common	SOLE
02462A104	ABTC	AMERICAN BITCOIN CORP. COM CL A	$22,914	0.00%	19,925	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.