Q2 2025 · 13F-HR
AVALON CAPITAL MANAGEMENTholdings as filed
Filed 2025-08-07 · accession 0001172661-25-002951
$372.2M
Reported value
127
Positions
2025-06-30
Period end
The Brief · AVALON CAPITAL MANAGEMENT · Q2 2025
AI · grounded in 13F
AVALON CAPITAL MANAGEMENT established a new position in GOOGL valued at $26.6M. The fund also initiated new stakes in BWZ for $23.2M and GDX for $18.5M. Additional new positions include AMZN at $14.2M, GLD at $13.8M, and GOOG at $13.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 02079K305 | GOOGL | ALPHABET INC | $26.6M | 7.15% | 151,128 | Common | NONE |
| 78464A334 | BWZ | SPDR SERIES TRUST | $23.2M | 6.22% | 824,784 | Common | NONE |
| 92189F106 | GDX | VANECK ETF TRUST | $18.5M | 4.96% | 354,781 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $14.2M | 3.83% | 64,940 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $13.8M | 3.71% | 45,250 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $13.7M | 3.69% | 77,397 | Common | NONE |
| 92189F676 | SMH | VANECK ETF TRUST | $11.6M | 3.12% | 41,588 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $11.2M | 3.00% | 160,793 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $11.0M | 2.95% | 53,549 | Common | NONE |
| 464287515 | IGV | ISHARES TR | $10.3M | 2.75% | 93,648 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $9.6M | 2.59% | 19,362 | Common | NONE |
| 464287390 | ILF | ISHARES TR | $8.7M | 2.34% | 331,765 | Common | NONE |
| 81369Y886 | XLU | SELECT SECTOR SPDR TR | $7.7M | 2.07% | 94,174 | Common | NONE |
| 92189K105 | HODL | VANECK BITCOIN ETF | $7.6M | 2.04% | 249,365 | Common | NONE |
| 33733E302 | FDN | FIRST TR EXCHANGE-TRADED FD | $7.3M | 1.97% | 27,215 | Common | NONE |
| 37954Y871 | URA | GLOBAL X FDS | $7.2M | 1.95% | 186,794 | Common | NONE |
| 922020805 | VTIP | VANGUARD MALVERN FDS | $6.5M | 1.75% | 129,340 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $6.3M | 1.70% | 75,985 | Common | NONE |
| 381430230 | GSST | GOLDMAN SACHS ETF TR | $6.1M | 1.65% | 121,239 | Common | NONE |
| 46138W107 | FXY | INVESCO CURRENCYSHARES JAPAN | $5.9M | 1.58% | 91,811 | Common | NONE |
| 464288679 | SHV | ISHARES TR | $5.7M | 1.54% | 51,938 | Common | NONE |
| 46434G103 | IEMG | ISHARES INC | $5.5M | 1.49% | 92,390 | Common | NONE |
| 78464A763 | SDY | SPDR SERIES TRUST | $5.5M | 1.48% | 40,667 | Common | NONE |
| 46432F339 | QUAL | ISHARES TR | $5.4M | 1.44% | 29,362 | Common | NONE |
| 29287L205 | PWRD | TCW ETF TRUST | $5.2M | 1.41% | 58,034 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $4.4M | 1.19% | 9,121 | Common | NONE |
| 37954Y178 | — | GLOBAL X FDS | $4.4M | 1.17% | 405,970 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $4.1M | 1.09% | 5,219 | Common | NONE |
| 46137V142 | PHO | INVESCO EXCHANGE TRADED FD T | $4.0M | 1.07% | 56,969 | Common | NONE |
| 032108409 | DIVO | AMPLIFY ETF TR | $3.9M | 1.06% | 92,596 | Common | NONE |
| 29287L601 | GRW | TCW ETF TRUST | $3.6M | 0.97% | 102,732 | Common | NONE |
| 92189F643 | MOAT | VANECK ETF TRUST | $3.5M | 0.95% | 37,621 | Common | NONE |
| 84858T772 | EUAD | SPINNAKER ETF SERIES | $3.5M | 0.93% | 80,039 | Common | NONE |
| 381430529 | GBIL | GOLDMAN SACHS ETF TR | $3.2M | 0.85% | 31,764 | Common | NONE |
| 45782C342 | KAPR | INNOVATOR ETFS TRUST | $3.0M | 0.81% | 92,851 | Common | NONE |
| 69374H881 | COWZ | PACER FDS TR | $2.9M | 0.78% | 52,912 | Common | NONE |
| 464285204 | IAU | ISHARES GOLD TR | $2.9M | 0.77% | 46,118 | Common | NONE |
| 922040845 | VBIL | VANGUARD INSTL INDEX FD | $2.8M | 0.77% | 37,696 | Common | NONE |
| 38149W622 | GPIX | GOLDMAN SACHS ETF TR | $2.7M | 0.74% | 55,166 | Common | NONE |
| 92189F130 | RAAX | VANECK ETF TRUST | $2.6M | 0.69% | 82,607 | Common | NONE |
| 78464A516 | BWX | SPDR SERIES TRUST | $2.4M | 0.65% | 102,231 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $2.3M | 0.61% | 14,275 | Common | NONE |
| 464286582 | SCJ | ISHARES INC | $2.3M | 0.60% | 26,521 | Common | NONE |
| 37954Y236 | DTCR | GLOBAL X FDS | $2.2M | 0.59% | 117,031 | Common | NONE |
| 922040852 | VGUS | VANGUARD INSTL INDEX FD | $2.2M | 0.58% | 28,695 | Common | NONE |
| 464289867 | AOR | ISHARES TR | $2.1M | 0.56% | 33,568 | Common | NONE |
| 92826C839 | V | VISA INC | $2.0M | 0.53% | 5,588 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $1.9M | 0.51% | 8,755 | Common | NONE |
| 97717X669 | DGRW | WISDOMTREE TR | $1.8M | 0.48% | 21,320 | Common | NONE |
| 008474108 | AEM | AGNICO EAGLE MINES LTD | $1.8M | 0.48% | 14,981 | Common | NONE |
| 56167R606 | LCR | MANAGED PORTFOLIO SERIES | $1.8M | 0.48% | 49,111 | Common | NONE |
| 46138R108 | FXF | INVESCO CURRENCYSHARES SWISS | $1.7M | 0.47% | 15,637 | Common | NONE |
| 464287176 | TIP | ISHARES TR | $1.6M | 0.43% | 14,606 | Common | NONE |
| 46428Q109 | SLV | ISHARES SILVER TR | $1.6M | 0.42% | 47,341 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $1.5M | 0.40% | 1,510 | Common | NONE |
| 464288281 | EMB | ISHARES TR | $1.4M | 0.38% | 15,268 | Common | NONE |
| 422806109 | HEI | HEICO CORP NEW | $1.3M | 0.34% | 3,895 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $1.2M | 0.33% | 1,670 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $1.2M | 0.31% | 2,177 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.2M | 0.31% | 2,088 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $1.1M | 0.30% | 8,093 | Common | NONE |
| 29273V100 | ET | ENERGY TRANSFER L P | $1.1M | 0.29% | 60,000 | Common | NONE |
| 46429B598 | INDA | ISHARES TR | $958,364 | 0.26% | 17,212 | Common | NONE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $946,868 | 0.25% | 2,024 | Common | NONE |
| 040413205 | ANET | ARISTA NETWORKS INC | $946,572 | 0.25% | 9,252 | Common | NONE |
| 893641100 | TDG | TRANSDIGM GROUP INC | $921,508 | 0.25% | 606 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $887,843 | 0.24% | 663 | Common | NONE |
| 464286822 | EWW | ISHARES INC | $880,240 | 0.24% | 14,535 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $838,793 | 0.23% | 1,358 | Common | NONE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $822,825 | 0.22% | 31,050 | Common | NONE |
| 81369Y803 | XLK | SELECT SECTOR SPDR TR | $805,271 | 0.22% | 3,180 | Common | NONE |
| 09260D107 | BX | BLACKSTONE INC | $795,766 | 0.21% | 5,320 | Common | NONE |
| 922908538 | VOT | VANGUARD INDEX FDS | $790,320 | 0.21% | 2,779 | Common | NONE |
| 78464A631 | XAR | SPDR SERIES TRUST | $784,908 | 0.21% | 3,721 | Common | NONE |
| 13646K108 | CP | CANADIAN PACIFIC KANSAS CITY | $758,693 | 0.20% | 9,571 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $643,702 | 0.17% | 2,018 | Common | NONE |
| 88339J105 | TTD | THE TRADE DESK INC | $619,114 | 0.17% | 8,600 | Common | NONE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $607,930 | 0.16% | 4,121 | Common | NONE |
| 55336V100 | MPLX | MPLX LP | $599,319 | 0.16% | 11,635 | Common | NONE |
| 25434V781 | DISV | DIMENSIONAL ETF TRUST | $536,795 | 0.14% | 16,311 | Common | NONE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $518,010 | 0.14% | 5,677 | Common | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $505,073 | 0.14% | 2,230 | Common | NONE |
| 464286327 | SLVP | ISHARES INC | $489,864 | 0.13% | 27,505 | Common | NONE |
| 009158106 | APD | AIR PRODS & CHEMS INC | $488,087 | 0.13% | 1,730 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $460,087 | 0.12% | 1,587 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $451,987 | 0.12% | 2,959 | Common | NONE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $441,000 | 0.12% | 15,000 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $435,972 | 0.12% | 768 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $435,532 | 0.12% | 5,436 | Common | NONE |
| 92204A702 | VGT | VANGUARD WORLD FD | $404,601 | 0.11% | 610 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $395,544 | 0.11% | 2,238 | Common | NONE |
| 063671101 | BMO | BANK MONTREAL QUE | $378,908 | 0.10% | 3,425 | Common | NONE |
| 06849F108 | B | BARRICK MNG CORP | $366,432 | 0.10% | 17,600 | Common | NONE |
| 136385101 | CNQ | CANADIAN NAT RES LTD | $361,477 | 0.10% | 11,512 | Common | NONE |
| 78409V104 | SPGI | S&P GLOBAL INC | $343,793 | 0.09% | 652 | Common | NONE |
| 962879102 | WPM | WHEATON PRECIOUS METALS CORP | $341,330 | 0.09% | 3,801 | Common | NONE |
| 00774Q148 | DMCY | ADVISORS INNER CIRCLE FD III | $336,458 | 0.09% | 11,820 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $335,306 | 0.09% | 1,615 | Common | NONE |
| 92204A306 | VDE | VANGUARD WORLD FD | $332,702 | 0.09% | 2,793 | Common | NONE |
| 235851102 | DHR | DANAHER CORPORATION | $331,275 | 0.09% | 1,677 | Common | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $325,363 | 0.09% | 579 | Common | NONE |
| 92206C714 | VONV | VANGUARD SCOTTSDALE FDS | $322,179 | 0.09% | 3,781 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $310,823 | 0.08% | 1,951 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $300,842 | 0.08% | 2,101 | Common | NONE |
| 45782C276 | NJUL | INNOVATOR ETFS TRUST | $292,250 | 0.08% | 4,294 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $278,340 | 0.07% | 2,108 | Common | NONE |
| 760759100 | RSG | REPUBLIC SVCS INC | $273,737 | 0.07% | 1,110 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $269,861 | 0.07% | 979 | Common | NONE |
| 78467X109 | DIA | SPDR DOW JONES INDL AVERAGE | $269,237 | 0.07% | 611 | Common | NONE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $265,120 | 0.07% | 1,989 | Common | NONE |
| 81369Y605 | XLF | SELECT SECTOR SPDR TR | $264,469 | 0.07% | 5,050 | Common | NONE |
| 05605H100 | BWXT | BWX TECHNOLOGIES INC | $246,487 | 0.07% | 1,711 | Common | NONE |
| 055622104 | BP | BP PLC | $245,516 | 0.07% | 8,203 | Common | NONE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $242,327 | 0.07% | 5,590 | Common | NONE |
| G0403H108 | AON | AON PLC | $235,462 | 0.06% | 660 | Common | NONE |
| 80013R206 | AYS1 | SANDSTORM GOLD LTD | $235,000 | 0.06% | 25,000 | Common | NONE |
| 422704106 | HL | HECLA MNG CO | $233,622 | 0.06% | 39,002 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $233,529 | 0.06% | 3,364 | Common | NONE |
| 22266T109 | CPNG | COUPANG INC | $223,591 | 0.06% | 7,463 | Common | NONE |
| 922042858 | VWO | VANGUARD INTL EQUITY INDEX F | $222,867 | 0.06% | 4,506 | Common | NONE |
| G29183103 | ETN | EATON CORP PLC | $217,050 | 0.06% | 608 | Common | NONE |
| 46429B267 | GOVT | ISHARES TR | $209,670 | 0.06% | 9,124 | Common | NONE |
| 81369Y407 | XLY | SELECT SECTOR SPDR TR | $208,637 | 0.06% | 960 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $205,079 | 0.06% | 1,002 | Common | NONE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $203,724 | 0.05% | 400 | Common | NONE |
| 811916105 | SA | SEABRIDGE GOLD INC | $149,556 | 0.04% | 10,300 | Common | NONE |
| 185899101 | CLF | CLEVELAND-CLIFFS INC NEW | $106,400 | 0.03% | 14,000 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.