Second Line Capital, LLC holds a focused book of 173 reported positions worth $537.0M as of Q2 2026 (disclosed Sep 2, 2026, a ~64-day 13F lag). This quarter they opened Vanguard Total Stock MKT ETF and trimmed Nvidia Corp. Their largest long position is Aptus Collared Invest Opp at 11% of the reported non-option book. They also disclosed $29K in put options (a bearish bet), shown separately below and excluded from the non-option book. Cloning the disclosed picks since 2025 would be +14% (+12.6%/yr). That is a simulation of the disclosed long book, not audited returns.
The reported book (valued from quarter-end) returned +15.8%, a 2.2-point gap that is the cost of the ~64-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning Second Line Capital, LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~64 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
29% mapped to company sectors
+5 sectors below the cut, 2% together
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as Second Line Capital, LLC
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| Donor Advised Charitable Giving, Inc. | 9 / 80 | $4.4B |
| Swiss Re Ltd | 37 / 80 | $1.0B |
| Hoffman, Alan N Investment Management | 8 / 80 | $149.1M |
| 9823 Capital, L.P. | 11 / 80 | $129.3M |
| Brogan Financial, Inc. | 38 / 80 | $204.9M |
| Integrated Financial Solutions, Inc. | 14 / 80 | $150.7M |
| XP Advisory US, Inc. | 17 / 80 | $146.5M |
| Wallace Hart LLC | 18 / 80 | $127.0M |
Ranked by the share of each fund's own book sitting in the names it shares with Second Line Capital, LLC: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.
Bars show each position's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | ETF Ser Solutions APTUS COLLRD INV | $59.6M | 1.29M | 11.1% | ▲+2.0% Added · +26K sh | |
| 2 | ETF Ser Solutions APTUS DEFINED | $43.0M | 1.50M | 8.0% | ▲+2.3% Added · +33K sh | |
| 3 | ETF Ser Solutions APTUS INT ENH YL | $39.0M | 1.42M | 7.3% | ▲+2.0% Added · +28K sh | |
| 4 | State STR SPDR S&P 500 ETF T TR UNIT | $31.1M | 41.6K | 5.8% | ▲+3.6% Added · +1K sh | |
| 5 | SPDR Index SHS FDS ST STR PO EX ETF | $30.2M | 600.2K | 5.6% | ▲+2.7% Added · +16K sh | |
| 6 | ETF Ser Solutions OPUS SML CP VL | $25.9M | 613.0K | 4.8% | ▲+3.4% Added · +20K sh | |
| 7 | ETF Ser Solutions APTUS DRAWDOWN | $24.9M | 448.2K | 4.6% | ▲+2.5% Added · +11K sh | |
| 8 | ETF Ser Solutions APTUS LARGE CAP | $21.5M | 516.1K | 4.0% | ▲+3.6% Added · +18K sh | |
| 9 | First TR Exchange-Traded FD FIRST TR ENH NEW | $21.0M | 351.1K | 3.9% | ▲17× Added · +330K sh | |
| 10 | ETF Ser Solutions APTUS ENHANCED | $20.3M | 923.5K | 3.8% | ▲+2.7% Added · +24K sh | |
| 11 | SPDR Index SHS FDS ST PORT MARK ETF | $13.0M | 251.9K | 2.4% | ▲+3.2% Added · +8K sh | |
| 12 | Applovin Corp COM CL A | $11.2M | 21.8K | 2.1% | ▲+0.8% Added · +167 sh | |
| 13 | Apple Inc COM | $8.1M | 28.1K | 1.5% | ▲+1.2% Added · +332 sh | |
| 14 | Nvidia Corporation COM | $8.0M | 40.2K | 1.5% | ▼−17% Reduced · −8K sh | |
| 15 | Microsoft Corp COM | $7.5M | 20.1K | 1.4% | ▲+4.8% Added · +929 sh | |
| 16 | JPMorgan Chase & Co COM | $6.9M | 21.0K | 1.3% | ▼−3.0% Reduced · −658 sh | |
| 17 | Ocular Therapeutix Inc COM | $6.3M | 638.6K | 1.2% | ▲+21% Added · +110K sh | |
| 18 | Amazon Com Inc COM | $5.7M | 23.8K | 1.1% | ▼−3.9% Reduced · −956 sh | |
| 19 | Wisdomtree TR FLOATNG RAT TREA | $5.6M | 111.4K | 1.0% | ▲+2.1% Added · +2K sh | |
| 20 | Exxon Mobil Corp COM | $5.6M | 40.7K | 1.0% | ▼−1.3% Reduced · −534 sh | |
| 21 | Walmart Inc COM | $4.8M | 42.8K | 0.9% | ▼−1.3% Reduced · −584 sh | |
| 22 | Bny Mellon ETF Trust CORE BOND ETF | $4.5M | 106.6K | 0.8% | ▲+2.5% Added · +3K sh | |
| 23 | Quanta Svcs Inc COM | $4.3M | 6.0K | 0.8% | ▼−31% Reduced · −3K sh | |
| 24 | Invesco Exchange Traded FD T S&P500 EQL WGT | $4.3M | 20.2K | 0.8% | ▲+5.5% Added · +1K sh | |
| 25 | Galaxy Digital Inc. CL A | $4.2M | 154.3K | 0.8% | ▼−1.2% Reduced · −2K sh | |
| 26 | Visa Inc COM CL A | $3.9M | 11.4K | 0.7% | ▲+4.6% Added · +504 sh | |
| 27 | Diamondback Energy Inc COM | $3.8M | 21.4K | 0.7% | ▼−11% Reduced · −3K sh | |
| 28 | Broadcom Inc COM | $3.8M | 9.9K | 0.7% | ▲+239% Added · +7K sh | |
| 29 | Chevron Corporation COM | $3.7M | 22.2K | 0.7% | ▼−6.0% Reduced · −1K sh | |
| 30 | Amphenol Corp CL A | $3.6M | 20.6K | 0.7% | ▲+5.7% Added · +1K sh | |
| 31 | Mara Holdings Inc COM | $3.6M | 258.2K | 0.7% | ▼−2.1% Reduced · −6K sh | |
| 32 | Progressive Corp COM | $3.6M | 16.3K | 0.7% | ▲+17% Added · +2K sh | |
| 33 | Chemed Corp New COM | $3.5M | 7.6K | 0.7% | ▲+5.5% Added · +395 sh | |
| 34 | Home Depot Inc COM | $3.2M | 9.1K | 0.6% | ▲+4.9% Added · +429 sh | |
| 35 | American Tower Corp COM | $3.1M | 18.6K | 0.6% | ▲+16% Added · +3K sh | |
| 36 | Servicenow Inc COM | $3.0M | 30.6K | 0.6% | ▲+60% Added · +12K sh | |
| 37 | Copart Inc COM | $2.9M | 103.7K | 0.5% | ▲+43% Added · +31K sh | |
| 38 | Invesco Exch Traded FD TR II NASDAQ 100 ETF | $2.9M | 9.6K | 0.5% | ▲+3.0% Added · +277 sh | |
| 39 | Vanguard Index FDS S&P 500 ETF SHS | $2.7M | 3.9K | 0.5% | ▲+16% Added · +537 sh | |
| 40 | ETF Ser Solutions APTUS LRG CAP UP | $2.6M | 92.9K | 0.5% | ▼−0.7% Reduced · −684 sh | |
| 41 | Ishares TR CORE S&P MCP ETF | $2.3M | 30.0K | 0.4% | ▲+2.6% Added · +777 sh | |
| 42 | Ishares TR CORE S&P SCP ETF | $2.3M | 15.4K | 0.4% | ▲+1.4% Added · +207 sh | |
| 43 | Berkshire Hathaway Inc Del CL B NEW | $2.3M | 4.5K | 0.4% | ▲+1.3% Added · +60 sh | |
| 44 | Ishares TR MSCI EAFE ETF | $2.2M | 21.5K | 0.4% | ▼−2.2% Reduced · −487 sh | |
| 45 | J P Morgan Exchange Traded F ULTRA SHT MUNCPL | $2.2M | 43.7K | 0.4% | ▲+0.3% Added · +146 sh | |
| 46 | Advanced Micro Devices Inc COM | $2.0M | 3.4K | 0.4% | ▼−1.4% Reduced · −49 sh | |
| 47 | Tesla Inc COM | $1.9M | 4.4K | 0.3% | ▼−60% Reduced · −7K sh | |
| 48 | Alphabet Inc CAP STK CL A | $1.8M | 5.1K | 0.3% | ▲+0.8% Added · +39 sh | |
| 49 | Invesco QQQ TR UNIT SER 1 | $1.8M | 2.4K | 0.3% | ▼−7.5% Reduced · −195 sh | |
| 50 | Ishares TR CORE S&P500 ETF | $1.7M | 2.3K | 0.3% | ▼−4.6% Reduced · −110 sh |
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1992879/holdings"
Use Arkolith to show Second Line Capital, LLC's latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | ANTERO RESOURCES CORP | $14K | 100 |
| PUT · bearish | MICROSOFT CORP | $8K | 9 |
| PUT · bearish | APPLE INC | $7K | 17 |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the non-option book, weighting, concentration and sector figures above.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
| Quarter | As of | Filed | Lag | Positions | Value | Form |
|---|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Sep 2, 2026 | 64d | 178 | $537.0M | 13F-HR/A |
| Q1 2026 | Mar 31, 2026 | May 15, 2026 | 45d | 185 | $528.0M | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 17, 2026 | 48d | 172 | $486.6M | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 19, 2025 | 50d | 160 | $483.1M | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 18, 2025 | 49d | 149 | $430.4M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.