Breakwater Capital Group Q2 2025 Filing

Filed July 9, 2025

Portfolio Value

$613.6B

Holdings

340

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (340 positions)

#	Stock	Shares	Value	% Portfolio
1	JQUAJ P MORGAN EXCHANGE TRADED F	350,961	$21.1B	3.43%
2	PRFINVESCO EXCHANGE TRADED FD T	497,035	$21.0B	3.42%
3	AAPLAPPLE INC	87,734	$18.0B	2.93%
4	RSPINVESCO EXCHANGE TRADED FD T	97,977	$17.8B	2.90%
5	IWFISHARES TR	37,059	$15.7B	2.56%
6	IVVISHARES TR	23,944	$14.9B	2.42%
7	VTVVANGUARD INDEX FDS	82,971	$14.7B	2.39%
8	MGVVANGUARD WORLD FD	107,168	$14.1B	2.29%
9	IWDISHARES TR	68,456	$13.3B	2.17%
10	BINCBLACKROCK ETF TRUST II	215,491	$11.4B	1.86%
11	MSFTMICROSOFT CORP	22,053	$11.0B	1.79%
12	VOOVANGUARD INDEX FDS	17,546	$10.0B	1.62%
13	SPYGSPDR SERIES TRUST	102,336	$9.8B	1.59%
14	IQLTISHARES TR	223,802	$9.7B	1.58%
15	FALNISHARES TR	348,772	$9.5B	1.54%
16	XSHQINVESCO EXCH TRADED FD TR II	191,423	$7.8B	1.27%
17	SYLDCAMBRIA ETF TR	98,757	$6.4B	1.05%
18	AMZNAMAZON COM INC	28,809	$6.3B	1.03%
19	XCEMCOLUMBIA ETF TR II	183,340	$6.3B	1.02%
20	ORCLORACLE CORP	28,636	$6.3B	1.02%
21	IWBISHARES TR	17,497	$5.9B	0.97%
22	PYLDPIMCO ETF TR	218,635	$5.8B	0.95%
23	EZMWISDOMTREE TR	91,652	$5.7B	0.92%
24	TTTRANE TECHNOLOGIES PLC	12,642	$5.5B	0.90%
25	NVDANVIDIA CORPORATION	33,678	$5.3B	0.87%
26	FNDCSCHWAB STRATEGIC TR	122,547	$5.2B	0.84%
27	QUALISHARES TR	28,087	$5.1B	0.84%
28	DFIVDIMENSIONAL ETF TRUST	119,753	$5.1B	0.84%
29	VTIPVANGUARD MALVERN FDS	100,816	$5.1B	0.83%
30	IUSVISHARES TR	50,506	$4.8B	0.78%
31	EFGISHARES TR	42,065	$4.7B	0.77%
32	MDYSPDR S&P MIDCAP 400 ETF TR	8,169	$4.6B	0.75%
33	IGIBISHARES TR	86,526	$4.6B	0.75%
34	DFEVDIMENSIONAL ETF TRUST	149,737	$4.5B	0.73%
35	PXFINVESCO EXCH TRADED FD TR II	76,931	$4.4B	0.72%
36	IGEBISHARES TR	94,737	$4.3B	0.70%
37	IJHISHARES TR	67,400	$4.2B	0.68%
38	DIVBISHARES TR	82,823	$4.2B	0.68%
39	IPKWINVESCO EXCH TRADED FD TR II	84,346	$4.1B	0.67%
40	JPMJPMORGAN CHASE & CO.	13,939	$4.0B	0.66%
41	VCITVANGUARD SCOTTSDALE FDS	47,883	$4.0B	0.65%
42	SPBOSPDR SERIES TRUST	125,290	$3.7B	0.60%
43	SPYSPDR S&P 500 ETF TR	5,675	$3.5B	0.57%
44	SPGPINVESCO EXCHANGE TRADED FD T	32,471	$3.5B	0.57%
45	MGKVANGUARD WORLD FD	9,379	$3.4B	0.56%
46	BRK/BBERKSHIRE HATHAWAY INC DEL	6,533	$3.2B	0.52%
47	SPSMSPDR SERIES TRUST	74,496	$3.2B	0.52%
48	GOOGALPHABET INC	16,904	$3.0B	0.49%
49	MTBASIMPLIFY EXCHANGE TRADED FUN	59,069	$3.0B	0.48%
50	IVWISHARES TR	26,691	$2.9B	0.48%
51	IJRISHARES TR	26,870	$2.9B	0.48%
52	SPYVSPDR SERIES TRUST	55,154	$2.9B	0.47%
53	XOMEXXON MOBIL CORP	26,266	$2.8B	0.46%
54	DFAEDIMENSIONAL ETF TRUST	91,717	$2.7B	0.43%
55	JSMDJANUS DETROIT STR TR	34,191	$2.7B	0.43%
56	SCZISHARES TR	36,174	$2.6B	0.43%
57	STIPISHARES TR	25,050	$2.6B	0.42%
58	PKWINVESCO EXCHANGE TRADED FD T	20,762	$2.6B	0.42%
59	VIGIVANGUARD WHITEHALL FDS	27,835	$2.5B	0.41%
60	METAMETA PLATFORMS INC	3,337	$2.5B	0.40%
61	IDHQINVESCO EXCH TRADED FD TR II	73,842	$2.4B	0.40%
62	DNLWISDOMTREE TR	59,711	$2.4B	0.39%
63	AVEMAMERICAN CENTY ETF TR	34,636	$2.4B	0.39%
64	NOBLPROSHARES TR	23,146	$2.3B	0.38%
65	LLYELI LILLY & CO	2,817	$2.2B	0.36%
66	PRFZINVESCO EXCHANGE TRADED FD T	51,579	$2.1B	0.34%
67	PHYLPGIM ETF TR	57,722	$2.0B	0.33%
68	IJJISHARES TR	16,517	$2.0B	0.33%
69	BIVVANGUARD BD INDEX FDS	26,095	$2.0B	0.33%
70	SPIBSPDR SERIES TRUST	59,363	$2.0B	0.32%
71	FNDXSCHWAB STRATEGIC TR	80,976	$2.0B	0.32%
72	GDGENERAL DYNAMICS CORP	6,778	$2.0B	0.32%
73	GEGE AEROSPACE	7,678	$2.0B	0.32%
74	BACBANK AMERICA CORP	40,913	$1.9B	0.32%
75	HDHOME DEPOT INC	5,276	$1.9B	0.32%
76	PFEPFIZER INC	79,670	$1.9B	0.31%
77	FNDASCHWAB STRATEGIC TR	66,364	$1.9B	0.31%
78	JMUBJ P MORGAN EXCHANGE TRADED F	38,051	$1.9B	0.31%
79	VVISA INC	5,309	$1.9B	0.31%
80	RPVINVESCO EXCHANGE TRADED FD T	20,072	$1.9B	0.31%
81	EFVISHARES TR	28,718	$1.8B	0.30%
82	CLOIVANECK ETF TRUST	34,335	$1.8B	0.30%
83	JAAAJANUS DETROIT STR TR	35,762	$1.8B	0.30%
84	VUGVANGUARD INDEX FDS	3,918	$1.7B	0.28%
85	GOOGLALPHABET INC	9,595	$1.7B	0.28%
86	MUBISHARES TR	16,098	$1.7B	0.27%
87	ANGLVANECK ETF TRUST	57,061	$1.7B	0.27%
88	VBRVANGUARD INDEX FDS	8,555	$1.7B	0.27%
89	VEAVANGUARD TAX-MANAGED FDS	29,217	$1.7B	0.27%
90	EFAVISHARES TR	19,102	$1.6B	0.26%
91	WFCWELLS FARGO CO NEW	19,975	$1.6B	0.26%
92	MUJBLACKROCK MUNIHLDGS NJ QLTY	143,601	$1.6B	0.26%
93	XNEAXNUVEEN AMT FREE QLTY MUN INC	142,101	$1.6B	0.25%
94	NDQINVESCO QQQ TR	2,774	$1.5B	0.25%
95	WMTWALMART INC	15,435	$1.5B	0.25%
96	DTHWISDOMTREE TR	32,548	$1.5B	0.25%
97	VIOOVANGUARD ADMIRAL FDS INC	14,759	$1.5B	0.24%
98	TRVCCITIGROUP INC	17,466	$1.5B	0.24%
99	TAT&T INC	50,372	$1.5B	0.24%
100	ETNEATON CORP PLC	3,909	$1.4B	0.23%

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