Second Line Capital, LLC

CIK: 0001992879Latest portfolio: $486.6M · Q4 2025

Holdings

166

Total Value

$486.6M

New Positions

Closed Positions

Top Holdings

View All 166 Holdings →

#	Stock	Shares	Value	% Portfolio	Change
1	ACIOETF SER SOLUTIONS	1,251,085	$54.7M	11.24%	+28K
2	DRSKETF SER SOLUTIONS	1,338,657	$38.1M	7.83%	+45K
3	IDUBETF SER SOLUTIONS	1,357,122	$33.0M	6.79%	+43K
4	SPDWSPDR INDEX SHS FDS	592,352	$26.3M	5.41%	+9K
5	ADMEETF SER SOLUTIONS	438,269	$22.5M	4.62%	+8K
6	SPYSPDR S&P 500 ETF TR	32,602	$22.3M	4.58%	+133
7	OSCVETF SER SOLUTIONS	581,039	$21.5M	4.42%	+16K
8	JUCYETF SER SOLUTIONS	825,140	$18.3M	3.76%	+15K
9	RSPINVESCO EXCHANGE TRADED FD T	75,984	$14.6M	2.99%	+2K
10	APPAPPLOVIN CORP	21,225	$14.3M	2.94%	+412
11	FTSMFIRST TR EXCHANGE-TRADED FD	233,841	$14.0M	2.88%	+113K
12	DUBSETF SER SOLUTIONS	315,474	$11.9M	2.44%	+7K
13	SPEMSPDR INDEX SHS FDS	238,354	$11.2M	2.29%	+3K
14	MSFTMICROSOFT CORP	18,381	$8.9M	1.83%	+960
15	NVDANVIDIA CORPORATION	47,395	$8.8M	1.82%	+422
16	AAPLAPPLE INC	28,137	$7.6M	1.57%	+1K
17	JPMJPMORGAN CHASE & CO.	22,645	$7.3M	1.50%	+108
18	OCULOCULAR THERAPEUTIX INC	500,746	$6.1M	1.25%	+98K
19	AMZNAMAZON COM INC	25,836	$6.0M	1.23%	+477
20	XOMEXXON MOBIL CORP	43,063	$5.2M	1.06%	-370
21	METAMETA PLATFORMS INC	7,592	$5.0M	1.03%	+395
22	WMTWALMART INC	44,338	$5.0M	1.02%	+512
23	USFRWISDOMTREE TR	97,198	$4.9M	1.01%	+9K
24	TSLATESLA INC	10,874	$4.9M	1.00%	+225
25	CRWVCOREWEAVE INC	65,456	$4.7M	0.96%	+26K

Quarterly Changes

New Positions

APHNEW
$2.5M
JMSTNEW
$2.2M
LLYNEW
$513K
SUBNEW
$319K
GOOGNEW
$257K
MUBNEW
$243K
IUSBNEW
$240K
SPYMNEW
$231K
TMONEW
$227K
WMNEW
$227K

Closed Positions

CRDOCLOSED
$4.3B
MRVLCLOSED
$3.9B
VRTCLOSED
$3.6B
ARCCCLOSED
$1.4B
NTLACLOSED
$1.1B
XSCDXCLOSED
$842.6M
SILACLOSED
$218.5M
WSMCLOSED
$206.6M
MPCCLOSED
$202.2M
DTECLOSED
$200.7M

Increased Positions

Name	Shares	Change
FTSM	234K	+113K
OCUL	501K	+98K
DRSK	1.3M	+45K
IDUB	1.4M	+43K
ACIO	1.3M	+28K
CRWV	65K	+26K
OSCV	581K	+16K
JUCY	825K	+15K
AR	20K	+9K
USFR	97K	+9K

Decreased Positions

Name	Shares	Change
IJH	31K	-3241
FSK	17K	-2783
PDT	41K	-2175
MDIV	16K	-2000
LAC	18K	-2000
SCHD	14K	-1640
IJR	17K	-1636
EFA	20K	-534
XOM	43K	-370
SPMD	15K	-352

Sector Breakdown

Financial Services0.0% ($5.467938111330183e+222T)

Technology0.0% ($1.4301888988397648e+74T)

Energy0.0% ($5.182386335505475e+37T)

Healthcare0.0% ($6.0793102880599514e+28T)

Industrials0.0% ($4.004281153748436e+28T)

Unknown0.0% ($2.2071961154710615e+21T)

Consumer Cyclical0.0% ($5963489031741147.0T)

Communication Services0.0% ($501114161001782.3T)

Consumer Defensive0.0% ($4950929.7T)

Utilities0.0% ($932.3T)

Real Estate0.0% ($2.9B)

Basic Materials0.0% ($32.4M)

Filing History

Quarter	Filing Date	Portfolio Value	Holdings
Q4 2025	Feb 17, 2026	$486.6M	172
Q3 2025	Nov 19, 2025	$483.1B	160
Q2 2025	Aug 18, 2025	$430.4B	149
Q1 2025	May 15, 2025	$388.1B	145
Q4 2024	Feb 14, 2025	$370.9B	131

Fund Information

CIK0001992879

Most Recent FilingFeb 17, 2026

Number of Filings5

View on SEC EDGAR →

Second Line Capital, LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $486.6M across 166 holdings. The largest position is ETF SER SOLUTIONS (ACIO), representing 11.2% of the portfolio. Compared to the previous quarter, the fund opened 17 new positions and closed 11 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.