Institutional
Second Line Capital, LLC
CIK 0001992879
$528.0M
Reported AUM
185
Positions
Q1 2026
Period
2026-05-15
Filed
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%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Ticker | Issuer | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|
| 1 | ACIO | APTUS COLLARED INVESTMENT OPPORTUNITY ETF | $57.3M | 10.85% | +15,646 | +1.3% |
| 2 | DRSK | APTUS DEFINED RISK ETF | $41.7M | 7.90% | +123,608 | +9.2% |
| 3 | IDUB | APTUS INTERNATIONAL ENHANCED YIELD | $37.2M | 7.04% | +32,396 | +2.4% |
| 4 | SPY | STATE STREET SPDR S&P 500 ETF | $28.8M | 5.46% | +7,512 | +23.0% |
| 5 | SPDW | STATE STREET SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | $28.6M | 5.42% | -7,945 | -1.3% |
| 6 | OSCV | OPUS SMALL CAP VALUE ETF | $24.5M | 4.64% | +11,896 | +2.0% |
| 7 | ADME | APTUS DRAWDOWN MANAGED EQUITY ETF | $23.6M | 4.47% | -969 | -0.2% |
| 8 | DUBS | APTUS LARGE CAP ENHANCED YIELD ETF | $19.9M | 3.77% | +182,434 | +57.8% |
| 9 | JUCY | APTUS ENHANCED YIELD ETF | $19.9M | 3.77% | +74,094 | +9.0% |
| 10 | SPEM | STATE STREET SPDR PORTFOLIO EMERGING MARKETS ETF | $12.5M | 2.37% | +5,725 | +2.4% |
| 11 | NVDA | NVIDIA CORPORATION COM | $9.7M | 1.83% | +990 | +2.1% |
| 12 | APP | APPLOVIN CORP COM CL A | $9.6M | 1.82% | +360 | +1.7% |
| 13 | MSFT | MICROSOFT CORP COM | $7.8M | 1.48% | +812 | +4.4% |
| 14 | AAPL | APPLE INC COM | $7.5M | 1.42% | -412 | -1.5% |
| 15 | CRWV | COREWEAVE INC COM CL A | $7.4M | 1.40% | +788 | +1.2% |
| 16 | JPM | JPMORGAN CHASE & CO COM | $6.8M | 1.28% | -1,018 | -4.5% |
| 17 | AMZN | AMAZON COM INC COM | $6.6M | 1.24% | -1,063 | -4.1% |
| 18 | XOM | EXXON MOBIL CORP COM | $6.4M | 1.21% | -1,799 | -4.2% |
| 19 | QURE | QUANTA SVCS INC COM | $6.3M | 1.19% | -863 | -9.1% |
| 20 | WMT | WALMART INC COM | $5.7M | 1.08% | -951 | -2.1% |
| 21 | USFR | WISDOMTREE FLOATING RATE TREASURY FUND | $5.5M | 1.04% | +11,928 | +12.3% |
| 22 | CRDO | CREDO TECHNOLOGY GROUP HOLDING ORDINARY SHARES | $5.2M | 0.98% | +29,617 | NEW |
| 23 | FANG | DIAMONDBACK ENERGY INC COM | $5.0M | 0.94% | -1,553 | -6.0% |
| 24 | OCUL | OCULAR THERAPEUTIX INC COM | $5.0M | 0.94% | +27,544 | +5.5% |
| 25 | META | META PLATFORMS INC CL A | $4.7M | 0.88% | +24 | +0.3% |
| 26 | CVX | CHEVRON CORPORATION COM | $4.6M | 0.86% | +320 | +1.4% |
| 27 | BKAG | BNY MELLON CORE BOND ETF | $4.4M | 0.83% | +8,965 | +9.4% |
| 28 | GLXY | GALAXY DIGITAL INC. CL A | $4.3M | 0.81% | +156,098 | NEW |
| 29 | TSLA | TESLA INC COM | $4.2M | 0.80% | +199 | +1.8% |
| 30 | RSP | INVESCO S&P 500 EQUAL WEIGHT ETF | $3.9M | 0.74% | -56,872 | -74.8% |
| 31 | V | VISA INC COM CL A | $3.6M | 0.68% | -406 | -3.6% |
| 32 | MARA | MARA HOLDINGS INC COM | $3.2M | 0.60% | +14,915 | +6.0% |
| 33 | CHE | CHEMED CORP NEW COM | $3.0M | 0.58% | -91 | -1.3% |
| 34 | APLD | APPLIED DIGITAL CORP COM NEW | $3.0M | 0.56% | +86,703 | NEW |
| 35 | AMT | AMERICAN TOWER CORP COM | $2.9M | 0.56% | -323 | -2.0% |
| 36 | APH | AMPHENOL CORP CL A | $2.9M | 0.54% | +1,208 | +6.6% |
| 37 | HD | HOME DEPOT INC COM | $2.9M | 0.54% | -523 | -5.7% |
| 38 | PGR | PROGRESSIVE CORP COM | $2.8M | 0.53% | -291 | -2.0% |
| 39 | QQQM | INVESCO NASDAQ 100 ETF | $2.6M | 0.49% | +9,335 | NEW |
| 40 | UPSD | APTUS LARGE CAP UPSIDE ETF | $2.5M | 0.48% | +20,289 | +27.7% |
| 41 | CPRT | COPART INC COM | $2.4M | 0.45% | +694 | +1.0% |
| 42 | BR | BROADRIDGE FINL SOLUTIONS INC COM | $2.3M | 0.43% | -173 | -1.2% |
| 43 | EFA | ISHARES MSCI EAFE ETF | $2.3M | 0.43% | +1,771 | +8.7% |
| 44 | VOO | VANGUARD S&P 500 ETF | $2.2M | 0.42% | -745 | -18.0% |
| 45 | JMST | JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF | $2.2M | 0.42% | +197 | +0.5% |
| 46 | IJH | ISHARES CORE S&P MID-CAP ETF | $2.1M | 0.40% | -1,456 | -4.7% |
| 47 | BRK/B | BERKSHIRE HATHAWAY INC DEL CL B NEW | $2.1M | 0.40% | +74 | +1.7% |
| 48 | IJR | ISHARES CORE S&P SMALL CAP ETF | $2.1M | 0.40% | -1,985 | -11.5% |
| 49 | GOOGL | ALPHABET INC CAP STK CL A | $1.9M | 0.37% | +527 | +11.6% |
| 50 | QQQ | INVESCO QQQ TRUST SERIES I | $1.7M | 0.33% | +95 | +3.8% |
| 51 | IVV | ISHARES CORE S&P 500 ETF | $1.7M | 0.32% | +66 | +2.9% |
| 52 | NOW | SERVICENOW INC COM | $1.7M | 0.32% | +1,963 | +11.5% |
| 53 | JAAA | JANUS HENDERSON AAA CLO ETF | $1.4M | 0.27% | +28,138 | NEW |
| 54 | FCX | FREEPORT MCMORAN INC CL B | $1.4M | 0.27% | +24,466 | NEW |
| 55 | DEFR | APTUS DEFERRED INCOME ETF | $1.4M | 0.26% | +12,830 | +32.3% |
| 56 | FTSM | FIRST TRUST ENHANCED SHORT MATURITY ETF | $1.2M | 0.24% | -213,041 | -91.1% |
| 57 | AMD | ADVANCED MICRO DEVICES INC COM | $1.2M | 0.23% | +1,185 | +51.5% |
| 58 | AVGO | BROADCOM INC COM | $1.2M | 0.23% | +377 | +14.8% |
| 59 | PG | PROCTER & GAMBLE CO COM | $1.1M | 0.21% | +1,100 | +17.0% |
| 60 | SO | SOUTHERN CO COM | $1.1M | 0.21% | +762 | +7.1% |
| 61 | CHDN | CHURCHILL DOWNS INC COM | $1.0M | 0.20% | +10,200 | NEW |
| 62 | INTC | INTEL CORP COM | $1.0M | 0.19% | +4,830 | +79.9% |
| 63 | BP | BP PLC SPONSORED ADR | $1.0M | 0.19% | +9,610 | +81.3% |
| 64 | AZO | AUTOZONE INC COM | $996K | 0.19% | +116 | +75.8% |
| 65 | JPST | JPMORGAN ULTRA-SHORT INCOME ETF | $983K | 0.19% | +6,846 | +54.4% |
| 66 | JNJ | JOHNSON & JOHNSON COM | $969K | 0.18% | -36 | -0.8% |
| 67 | ORCL | ORACLE CORP COM | $950K | 0.18% | +1,418 | +31.7% |
| 68 | CAT | CATERPILLAR INC COM | $924K | 0.17% | +99 | +10.5% |
| 69 | CSCO | CISCO SYS INC COM | $916K | 0.17% | +6,254 | +166.6% |
| 70 | SPMD | STATE STREET SPDR PORTFOLIO S&P 400 MID CAP ETF | $904K | 0.17% | -632 | -4.3% |
| 71 | COP | CONOCOPHILLIPS COM | $808K | 0.15% | +575 | +9.8% |
| 72 | T | AT&T INC COM | $763K | 0.14% | -2,284 | -7.3% |
| 73 | VXUS | VANGUARD TOTAL INTERNATIONAL STOCK ETF | $708K | 0.13% | +25 | +0.3% |
| 74 | VIG | VANGUARD DIVIDEND APPRECIATION ETF | $665K | 0.13% | +11 | +0.4% |
| 75 | KO | COCA COLA CO COM | $651K | 0.12% | -1,363 | -14.2% |
| 76 | MRK | MERCK & CO INC COM | $641K | 0.12% | +224 | +4.0% |
| 77 | PSX | PHILLIPS 66 COM | $616K | 0.12% | +225 | +7.0% |
| 78 | ET | ENERGY TRANSFER L P COM UT LTD PTN | $610K | 0.12% | -652 | -2.1% |
| 79 | IBM | INTERNATIONAL BUSINESS MACHS COM | $609K | 0.12% | +1,056 | +66.9% |
| 80 | BAC | BANK OF AMER CORP COM | $603K | 0.11% | -630 | -5.3% |
| 81 | LOW | LOWES COS INC COM | $598K | 0.11% | -2,250 | -47.3% |
| 82 | GLD | SPDR GOLD SHARES | $589K | 0.11% | +14 | +1.0% |
| 83 | MO | ALTRIA GROUP INC COM | $546K | 0.10% | -28 | -0.4% |
| 84 | KMI | KINDER MORGAN INC DEL COM | $545K | 0.10% | +73 | +0.4% |
| 85 | SPSM | STATE STREET SPDR PORTFOLIO S&P 600 SMALL CAP ETF | $533K | 0.10% | -207 | -2.0% |
| 86 | VRTX | VERTEX PHARMACEUTICALS INC COM | $508K | 0.10% | +45 | +3.9% |
| 87 | CRWD | CROWDSTRIKE HLDGS INC CL A | $505K | 0.10% | -29 | -2.5% |
| 88 | FPX | FIRST TRUST US EQUITY OPPORTUNITIES ETF | $499K | 0.09% | +2,749 | NEW |
| 89 | PDT | HANCOCK JOHN PREM DIVID FD COM SH BEN INT | $492K | 0.09% | -3,934 | -9.6% |
| 90 | VGT | VANGUARD INFORMATION TECHNOLOGY ETF | $480K | 0.09% | +4,058 | +687.8% |
| 91 | LIN | LINDE PLC SHS | $465K | 0.09% | +169 | +22.3% |
| 92 | VZ | VERIZON COMMUNICATIONS INC COM | $465K | 0.09% | +1,057 | +12.3% |
| 93 | SCHD | SCHWAB US DIVIDEND EQUITY ETF | $449K | 0.09% | +196 | +1.4% |
| 94 | RTX | RTX CORPORATION COM | $449K | 0.08% | -100 | -3.8% |
| 95 | LLY | ELI LILLY & CO COM | $447K | 0.08% | — | HELD |
| 96 | AIRR | FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF | $446K | 0.08% | — | HELD |
| 97 | C | CITIGROUP INC COM NEW | $443K | 0.08% | +38 | +1.1% |
| 98 | TT | TRANE TECHNOLOGIES PLC SHS | $442K | 0.08% | +48 | +5.7% |
| 99 | ALL | ALLSTATE CORP COM | $421K | 0.08% | +722 | +59.3% |
| 100 | UNH | UNITEDHEALTH GROUP INC COM | $409K | 0.08% | +107 | +10.7% |
| 101 | CL | COLGATE PALMOLIVE CO COM | $408K | 0.08% | +15 | +0.3% |
| 102 | AR | ANTERO RESOURCES CORP COM | $407K | 0.08% | -10,000 | -49.1% |
| 103 | FUBO | FUBOTV INC COM NEW CL A | $405K | 0.08% | +32,838 | NEW |
| 104 | NEE | NEXTERA ENERGY INC COM | $400K | 0.08% | +474 | +13.1% |
| 105 | MCD | MCDONALDS CORP COM | $383K | 0.07% | +17 | +1.3% |
| 106 | XLK | STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF | $383K | 0.07% | -87 | -3.5% |
| 107 | IGRO | ISHARES INTERNATIONAL DIVIDEND GROWTH ETF | $382K | 0.07% | +106 | +2.5% |
| 108 | MSI | MOTOROLA SOLUTIONS INC COM NEW | $381K | 0.07% | +136 | +18.6% |
| 109 | AMAT | APPLIED MATLS INC COM | $372K | 0.07% | +60 | +6.8% |
| 110 | WMB | WILLIAMS COS INC COM | $369K | 0.07% | +416 | +9.4% |
| 111 | IDEV | ISHARES CORE MSCI INTERNATIONAL DEVELOPED MARKETS ETF | $365K | 0.07% | — | HELD |
| 112 | ISRG | INTUITIVE SURGICAL INC COM NEW | $359K | 0.07% | +169 | +27.4% |
| 113 | DIS | DISNEY WALT CO COM | $352K | 0.07% | +787 | +30.2% |
| 114 | GOOG | ALPHABET INC CAP STK CL C | $351K | 0.07% | +99 | +12.1% |
| 115 | AM | ANTERO MIDSTREAM CORP COM | $343K | 0.06% | +295 | +1.9% |
| 116 | SPYV | STATE STREET SPDR PORTFOLIO S&P 500 VALUE ETF | $342K | 0.06% | +1,038 | +22.2% |
| 117 | LGLV | STATE STREET SPDR US LARGE CAP LOW VOLATILITY INDEX ETF | $342K | 0.06% | -121 | -6.0% |
| 118 | SUB | ISHARES SHORT-TERM NATIONAL MUNI BOND ETF | $340K | 0.06% | +204 | +6.8% |
| 119 | VONG | VANGUARD RUSSELL 1000 GROWTH ETF | $336K | 0.06% | +2,738 | NEW |
| 120 | GE | GE AEROSPACE COM NEW | $336K | 0.06% | +26 | +2.3% |
| 121 | NFLX | NETFLIX INC. COM | $330K | 0.06% | +885 | +33.6% |
| 122 | LNG | CHENIERE ENERGY INC COM NEW | $321K | 0.06% | +1,167 | NEW |
| 123 | AB | ALLIANCEBERNSTEIN HLDG L P UNIT LTD PARTN | $320K | 0.06% | -150 | -1.8% |
| 124 | VONV | VANGUARD RUSSELL 1000 VALUE ETF | $318K | 0.06% | +3,131 | NEW |
| 125 | VO | VANGUARD MID-CAP ETF | $308K | 0.06% | +3,982 | NEW |
| 126 | IYR | ISHARES U.S. REAL ESTATE ETF | $306K | 0.06% | -296 | -9.0% |
| 127 | EPD | ENTERPRISE PRODS PARTNERS L P COM | $305K | 0.06% | +863 | +12.3% |
| 128 | XLF | STATE STREET FINANCIAL SELECT SECTOR SPDR ETF | $304K | 0.06% | -138 | -2.3% |
| 129 | PSA | PUBLIC STORAGE OPER CO COM | $303K | 0.06% | -171 | -14.6% |
| 130 | PHM | PULTE GROUP INC COM | $300K | 0.06% | +410 | +20.0% |
| 131 | ANET | ARISTA NETWORKS INC COM SHS | $296K | 0.06% | +13 | +0.8% |
| 132 | VYM | VANGUARD HIGH DIVIDEND YIELD INDEX ETF | $287K | 0.05% | -17 | -0.9% |
| 133 | MPC | MARATHON PETE CORP COM | $286K | 0.05% | +1,153 | NEW |
| 134 | MS | MORGAN STANLEY COM NEW | $286K | 0.05% | +1,499 | NEW |
| 135 | FDX | FEDEX CORP COM | $284K | 0.05% | +4 | +0.6% |
| 136 | UBER | UBER TECHNOLOGIES INC COM | $280K | 0.05% | +803 | +27.2% |
| 137 | SPYG | STATE STREET SPDR PORTFOLIO S&P 500 GROWTH ETF | $280K | 0.05% | +79 | +3.3% |
| 138 | ROP | ROPER TECHNOLOGIES INC COM | $276K | 0.05% | -58 | -6.9% |
| 139 | ABBV | ABBVIE INC COM | $276K | 0.05% | -180 | -12.1% |
| 140 | SCHW | SCHWAB CHARLES CORP COM | $274K | 0.05% | +2,990 | NEW |
| 141 | HON | HONEYWELL INTL INC COM | $272K | 0.05% | +114 | +9.9% |
| 142 | SLYG | STATE STREET SPDR S&P 600 SMALL CAP GROWTH ETF | $268K | 0.05% | -127 | -4.9% |
| 143 | SYK | STRYKER CORPORATION COM | $268K | 0.05% | +213 | +33.5% |
| 144 | ATO | ATMOS ENERGY CORP COM | $267K | 0.05% | +3 | +0.2% |
| 145 | MDIV | MULTI-ASSET DIVERSIFIED INCOME INDEX FUND | $264K | 0.05% | — | HELD |
| 146 | WEC | WEC ENERGY GROUP INC COM | $258K | 0.05% | +4 | +0.2% |
| 147 | IWM | ISHARES RUSSELL 2000 ETF | $256K | 0.05% | +4 | +0.4% |
| 148 | BA | BOEING CO COM | $254K | 0.05% | +12 | +1.1% |
| 149 | XAR | STATE STREET SPDR S&P AEROSPACE & DEFENSE ETF | $252K | 0.05% | -70 | -6.7% |
| 150 | PLTR | PALANTIR TECHNOLOGIES INC CL A | $252K | 0.05% | +459 | +33.9% |
| 151 | BIL | STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | $251K | 0.05% | -73 | -2.6% |
| 152 | DGRO | ISHARES CORE DIVIDEND GROWTH ETF | $248K | 0.05% | +191 | +6.0% |
| 153 | FSK | FS KKR CAP CORP COM | $247K | 0.05% | +5,313 | +31.9% |
| 154 | TMO | THERMO FISHER SCIENTIFIC INC COM | $244K | 0.05% | +116 | +29.5% |
| 155 | MUB | ISHARES NATIONAL MUNI BOND ETF | $244K | 0.05% | -4 | -0.2% |
| 156 | PM | PHILIP MORRIS INTL INC COM | $238K | 0.05% | +27 | +1.9% |
| 157 | XLV | STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF | $234K | 0.04% | -328 | -17.0% |
| 158 | XLU | STATE STREET UTILITIES SELECT SECTOR SPDR ETF | $234K | 0.04% | +156 | +3.2% |
| 159 | USAR | USA RARE EARTH INC COM | $232K | 0.04% | +8,924 | NEW |
| 160 | WM | WASTE MGMT INC DEL COM | $230K | 0.04% | -48 | -4.6% |
| 161 | KNSL | KINSALE CAP GROUP INC COM | $228K | 0.04% | — | HELD |
| 162 | MPLX | MPLX LP COM UNIT REP LTD | $228K | 0.04% | +1 | +0.0% |
| 163 | CTAS | CINTAS CORP COM | $228K | 0.04% | +1,305 | NEW |
| 164 | SHY | ISHARES 1-3 YEAR TREASURY BOND ETF | $226K | 0.04% | -4,505 | -62.2% |
| 165 | PANW | PALO ALTO NETWORKS INC COM | $225K | 0.04% | -58 | -4.4% |
| 166 | SPGI | S&P GLOBAL INC COM | $225K | 0.04% | +123 | +30.9% |
| 167 | ETN | EATON CORP PLC SHS | $222K | 0.04% | +513 | NEW |
| 168 | ABT | ABBOTT LABORATORIES COM | $219K | 0.04% | +118 | +5.1% |
| 169 | MP | MP MATERIALS CORP COM CL A | $218K | 0.04% | +3,296 | NEW |
| 170 | SHEL | SHELL PLC SPON ADS | $216K | 0.04% | +2,387 | NEW |
| 171 | URI | UNITED RENTALS INC COM | $215K | 0.04% | +224 | NEW |
| 172 | SILA | SILA REALTY TRUST INC COMMON STOCK | $213K | 0.04% | +6,999 | NEW |
| 173 | BNDX | VANGUARD TOTAL INTERNATIONAL BOND ETF | $212K | 0.04% | — | HELD |
| 174 | SPIB | STATE STREET SPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF | $211K | 0.04% | +6,286 | NEW |
| 175 | IRM | IRON MTN INC DEL COM | $209K | 0.04% | +1,661 | NEW |
| 176 | XLE | STATE STREET ENERGY SELECT SECTOR SPDR ETF | $207K | 0.04% | +3,474 | NEW |
| 177 | TSM | TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS | $207K | 0.04% | +523 | NEW |
| 178 | RA | BROOKFIELD REAL ASSETS INCOME SHS BEN INT | $207K | 0.04% | +42 | +0.3% |
| 179 | USIG | ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF | $201K | 0.04% | +3,931 | NEW |
| 180 | INFL | HORIZON KINETICS INFLATION BENEFICIARIES ETF | $200K | 0.04% | +3,761 | NEW |
| 181 | XAGDX | ABRDN GLOBAL DYNAMIC DIVIDEND COM | $160K | 0.03% | +7 | +0.1% |
| 182 | VG | VENTURE GLOBAL INC COM CL A | $154K | 0.03% | -124 | -1.1% |
| 183 | F | FORD MTR CO COM | $144K | 0.03% | +11,949 | NEW |
| 184 | FSCO | FS CREDIT OPPORTUNITIES CORP COMMON STOCK | $55K | 0.01% | -1,058 | -9.2% |
| 185 | ABTC | AMERICAN BITCOIN CORP. COM CL A | $23K | 0.00% | +250 | +1.3% |
| 186 | FUBOGBP | FUBOTV INC | — | — | -397,612 | EXITED |
| 187 | VUG | VANGUARD INDEX FDS | — | — | -1,262 | EXITED |
| 188 | VTI | VANGUARD INDEX FDS | — | — | -1,153 | EXITED |
| 189 | ROK | ROCKWELL AUTOMATION INC | — | — | -916 | EXITED |
| 190 | BX | BLACKSTONE INC | — | — | -1,701 | EXITED |
| 191 | DVN | DEVON ENERGY CORP NEW | — | — | -6,696 | EXITED |
| 192 | IUSB | ISHARES TR | — | — | -5,178 | EXITED |
| 193 | SPYM | SPDR SERIES TRUST | — | — | -2,882 | EXITED |
| 194 | ACN | ACCENTURE PLC IRELAND | — | — | -816 | EXITED |
| 195 | NAD | NUVEEN QUALITY MUNCP INCOME | — | — | -11,216 | EXITED |
| 196 | LAC | LITHIUM AMERS CORP NEW | — | — | -18,400 | EXITED |
Source: SEC EDGAR · accession 0001992879-26-000009. 13F discloses long positions only — shorts, foreign equities, and options are excluded.