Latest Second Line Capital, LLC Stock Portfolio

Second Line Capital, LLC Performance:

2025 Q4: -1.32%YTD: 9.9%2024: 13.82%

Performance for 2025 Q4 is -1.32%, and YTD is 9.9%, and 2024 is 13.82%.

About Second Line Capital, LLC and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Second Line Capital, LLC reported an equity portfolio of $486.6 Millions as of 31 Dec, 2025.

The top stock holdings of Second Line Capital, LLC are ACIO, ACIO, BIGY. The fund has invested 11.2% of it's portfolio in ETF SER SOLUTIONS and 7.8% of portfolio in ETF SER SOLUTIONS.

The fund managers got completely rid off CREDO TECHNOLOGY GROUP HOLDI (CRDO), MARVELL TECHNOLOGY INC (MRVL) and VERTIV HOLDINGS CO (VRT) stocks. They significantly reduced their stock positions in ROPER TECHNOLOGIES INC (ROP), SELECT SECTOR SPDR TR (XLB) and TRANE TECHNOLOGIES PLC (TT). Second Line Capital, LLC opened new stock positions in AMPHENOL CORP NEW (APH), J P MORGAN EXCHANGE TRADED F (BBAX) and ELI LILLY & CO (LLY). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES TR (IJR), J P MORGAN EXCHANGE TRADED F (BBAX) and FIRST TR EXCHANGE-TRADED FD (FCVT).

Second Line Capital, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Second Line Capital, LLC made a return of -1.32% in the last quarter. In trailing 12 months, it's portfolio return was 9.9%.

Performance
S&P 500

New Buys

Ticker	$ Bought
amphenol corp new	2,470,400
j p morgan exchange traded f	2,210,920
eli lilly & co	513,795
ishares tr	319,033
alphabet inc	257,233
ishares tr	243,889
ishares tr	240,984
spdr series trust	231,194

New stocks bought by Second Line Capital, LLC

Additions

Ticker	% Inc.
ishares tr	132
j p morgan exchange traded f	94.69
first tr exchange-traded fd	94.06
antero resources corp	83.26
coreweave inc	66.9
ishares tr	44.26
ocular therapeutix inc	24.42
etf ser solutions	23.77

Additions to existing portfolio by Second Line Capital, LLC

Reductions

Ticker	% Reduced
roper technologies inc	-86.35
select sector spdr tr	-50.89
select sector spdr tr	-50.23
trane technologies plc	-21.82
fs kkr cap corp	-14.31
ishares tr	-11.91
first tr exchange traded fd	-11.23
arista networks inc	-10.98

Second Line Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
ares capital corp	-1,367,630
intellia therapeutics inc	-1,088,480
lmp cap & income fd inc	-842,553
marvell technology inc	-3,892,820
credo technology group holdi	-4,282,830
vertiv holdings co	-3,638,450
sila realty trust inc	-218,495
dte energy co	-200,671

Second Line Capital, LLC got rid off the above stocks

Sector Distribution

Second Line Capital, LLC has about 68.9% of it's holdings in Others sector.

Sector	%
Others	68.9
Technology	11.1
Financial Services	4
Consumer Cyclical	3.4
Energy	3.3
Healthcare	2.8
Industrials	2
Communication Services	1.9
Consumer Defensive	1.6

Market Cap. Distribution

Second Line Capital, LLC has about 28.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	68.9
MEGA-CAP	17.2
LARGE-CAP	11.1
SMALL-CAP	1.5
MID-CAP	1.3

Stocks belong to which Index?

About 26.8% of the stocks held by Second Line Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	73.2
S&P 500	24.9
RUSSELL 2000	1.9

Top 5 Winners (%)		%
XLB	select sector spdr tr	91.7 %
XLB	select sector spdr tr	77.0 %
AMD	advanced micro devices inc	32.0 %
GOOG	alphabet inc	28.3 %
ISRG	intuitive surgical inc	25.8 %

Top 5 Winners ($)		$
BIGY	etf ser solutions	1.0 M
CWI	spdr index shs fds	1.0 M
SPY	spdr s&p 500 etf tr	0.5 M
AAPL	apple inc	0.5 M
WMT	walmart inc	0.4 M

Top 5 Losers (%)		%
	venture global inc	-50.9 %
MARA	mara holdings inc	-50.8 %
	coreweave inc	-42.1 %
AR	antero resources corp	-40.8 %
FUBO	fubotv inc	-39.3 %

Top 5 Losers ($)		$
	coreweave inc	-3.4 M
MARA	mara holdings inc	-2.3 M
APP	applovin corp	-0.9 M
ACIO	etf ser solutions	-0.7 M
FUBO	fubotv inc	-0.6 M

Second Line Capital, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Second Line Capital, LLC

Second Line Capital, LLC has 166 stocks in it's portfolio. About 54.6% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. BIGY was the most profitable stock for Second Line Capital, LLC last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.57	28,137	7,649,420	added	4.36

AAXJ	ishares tr	0.07	2,990	319,033	new

AAXJ	ishares tr	0.05	2,277	243,889	new

AB	alliancebernstein hldg l p	0.06	8,171	314,409	reduced	-3.03

ABBV	abbvie inc	0.07	1,484	339,175	added	1.78

ABT	abbott labs	0.06	2,297	287,785	added	1.14

ACIO	etf ser solutions	11.24	1,251,080	54,679,400	added	2.28

ACIO	etf ser solutions	7.83	1,338,660	38,111,600	added	3.48

ACIO	etf ser solutions	4.62	438,269	22,487,600	added	1.94

ACIO	etf ser solutions	4.42	581,039	21,515,900	added	2.76

ACN	accenture plc ireland	0.04	816	219,041	new

ACWF	ishares tr	0.05	5,178	240,984	new

ACWF	ishares tr	0.04	3,169	219,992	added	3.94

AGT	ishares tr	0.07	4,244	351,240	reduced	-1.67

AGT	ishares tr	0.07	4,133	340,921	added	1.85

AIRR	first tr exchange traded fd	0.07	3,516	345,693	unchanged	0.00

AIRR	first tr exchange traded fd	0.05	15,805	248,455	reduced	-11.23

ALL	allstate corp	0.05	1,218	254,829	added	0.08

AM	antero midstream corp	0.06	15,380	273,610	unchanged	0.00

AMAT	applied matls inc	0.05	882	226,665	new