Latest Second Line Capital, LLC Stock Portfolio

Second Line Capital, LLC Performance:

2025 Q3: 6.65%YTD: 11.37%2024: 13.82%

Performance for 2025 Q3 is 6.65%, and YTD is 11.37%, and 2024 is 13.82%.

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

In it's latest 13F Holdings report, Second Line Capital, LLC reported an equity portfolio of $483.1 Millions as of 30 Sep, 2025.

The top stock holdings of Second Line Capital, LLC are ACIO, ACIO, BIGY. The fund has invested 11% of it's portfolio in ETF SER SOLUTIONS and 7.7% of portfolio in ETF SER SOLUTIONS.

The fund managers got completely rid off CELESTICA INC, DECKERS OUTDOOR CORP (DECK) and POOL CORP (POOL) stocks. They significantly reduced their stock positions in ADVANCED MICRO DEVICES INC (AMD), UNITEDHEALTH GROUP INC (UNH) and META PLATFORMS INC (META). Second Line Capital, LLC opened new stock positions in FIRST TR EXCHANGE-TRADED FD (FCVT), COREWEAVE INC and WISDOMTREE TR (DWMF). The fund showed a lot of confidence in some stocks as they added substantially to SERVICENOW INC (NOW), RTX CORPORATION (RTX) and SCHWAB STRATEGIC TR (FNDA).

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

Our best estimate is that Second Line Capital, LLC made a return of 6.65% in the last quarter. In trailing 12 months, it's portfolio return was 11.67%.

New Buys

Ticker	$ Bought
first tr exchange-traded fd	7,244,880
coreweave inc	5,366,980
wisdomtree tr	4,420,950
credo technology group holdi	4,282,830
vertiv holdings co	3,638,450
vertex pharmaceuticals inc	436,679
kinsale cap group inc	307,463
netflix inc	284,144

New stocks bought by Second Line Capital, LLC

Additions

Ticker	% Inc.
servicenow inc	818
rtx corporation	86.32
schwab strategic tr	74.47
caterpillar inc	66.97
invesco qqq tr	30.3
diamondback energy inc	22.78
tesla inc	22.04
j p morgan exchange traded f	20.79

Additions to existing portfolio by Second Line Capital, LLC

Reductions

Ticker	% Reduced
advanced micro devices inc	-88.45
unitedhealth group inc	-84.14
meta platforms inc	-30.72
johnson & johnson	-26.29
lmp cap & income fd inc	-25.00
applovin corp	-23.33
motorola solutions inc	-19.25
select sector spdr tr	-18.79

Second Line Capital, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
celestica inc	-3,731,810
deckers outdoor corp	-1,956,370
comcast corp new	-208,358
listed fds tr	-218,609
hancock whitney corporation	-233,962
waste mgmt inc del	-209,370
pool corp	-265,987
accenture plc ireland	-210,026

Second Line Capital, LLC got rid off the above stocks

Sector Distribution

Second Line Capital, LLC has about 66% of it's holdings in Others sector.

Sector	%
Others	66
Technology	13
Financial Services	4.4
Consumer Cyclical	3.5
Energy	3.2
Industrials	2.7
Healthcare	2.5
Communication Services	2
Consumer Defensive	1.5

Market Cap. Distribution

Second Line Capital, LLC has about 29.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	66
MEGA-CAP	15.8
LARGE-CAP	13.9
MID-CAP	3
SMALL-CAP	1.3

Stocks belong to which Index?

About 28.1% of the stocks held by Second Line Capital, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	72
S&P 500	24.7
RUSSELL 2000	3.4

Top 5 Winners (%)		%
APP	applovin corp	93.0 %
NTLA	intellia therapeutics inc	84.1 %
GOOG	alphabet inc	37.7 %
TSLA	tesla inc	35.1 %
ORCL	oracle corp	28.6 %

Top 5 Winners ($)		$
APP	applovin corp	8.8 M
ACIO	etf ser solutions	2.5 M
BIGY	etf ser solutions	1.7 M
SPY	spdr s&p 500 etf tr	1.6 M
CWI	spdr index shs fds	1.3 M

Top 5 Losers (%)		%
FSK	fs kkr cap corp	-26.6 %
ISRG	intuitive surgical inc	-16.9 %
AR	antero resources corp	-16.7 %
AMT	american tower corp new	-12.6 %
CL	colgate palmolive co	-12.1 %

Top 5 Losers ($)		$
AMT	american tower corp new	-0.5 M
ROP	roper technologies inc	-0.4 M
PGR	progressive corp	-0.3 M
CPRT	copart inc	-0.3 M
CHE	chemed corp new	-0.3 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 159 stocks in it's portfolio. About 53.5% of the portfolio is in top 10 stocks. AMT proved to be the most loss making stock for the portfolio. APP was the most profitable stock for Second Line Capital, LLC last quarter.

Last Reported on: 19 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	1.42	26,962	6,865,400	reduced	-0.51

AB	alliancebernstein hldg l p	0.07	8,426	322,036	reduced	-9.35

ABBV	abbvie inc	0.07	1,458	337,585	reduced	-18.00

ABT	abbott labs	0.06	2,271	304,207	reduced	-12.25

ACIO	etf ser solutions	11.00	1,223,220	53,124,600	added	1.09

ACIO	etf ser solutions	7.72	1,293,640	37,295,700	added	2.68

ACIO	etf ser solutions	4.54	429,923	21,953,500	added	0.91

ACIO	etf ser solutions	4.47	565,417	21,615,900	added	2.26

ACN	accenture plc ireland	0.00	0.00	0.00	sold off	-100

ACWF	ishares tr	0.04	3,049	207,576	new

AGT	ishares tr	0.07	4,316	343,829	reduced	-4.87

AGT	ishares tr	0.07	4,058	325,295	unchanged	0.00

AIRR	first tr exchange traded fd	0.07	3,516	339,927	unchanged	0.00

AIRR	first tr exchange traded fd	0.06	17,805	285,592	reduced	-0.52

ALL	allstate corp	0.05	1,217	262,539	added	0.08

AM	antero midstream corp	0.06	15,380	298,987	unchanged	0.00

AMD	advanced micro devices inc	0.08	2,351	380,368	reduced	-88.45

AMT	american tower corp new	0.64	15,806	3,066,740	reduced	-4.95

AMZN	amazon com inc	1.15	25,359	5,568,080	added	10.6

ANET	arista networks inc	0.06	1,912	278,598	new