Managers / Q2 2025 · view latest →
Seascape Capital Management
CIK 0001418342 · 99 BOW STREET, STE. 300 EAST, PORTSMOUTH, NH, 03801 · 603 964-4480
Reported Value
$317M
Q2 2025
Positions
96
Filings on Record
27
2020–present window
Filed
Jul 14, 2025
original filing
Summary
Seascape Capital Management reported $317M in U.S.-listed holdings across 96 positions for Q2 2025.
Its largest position, DBND, represents 12.6% of the portfolio.
Compared with Q1 2025, the fund opened 3 new positions and exited 7.
Portfolio Metrics
Turnover
+5.3%
vs prior filed quarter
Top-10 Concentration
+48.0%
share of reported value
Largest Position
+12.6%
Doubleline Etf
New / Exited
3 / 7
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- Common Stock · 54.5% · $173M
- ETP · 40.0% · $127M
- ADR · 3.7% · $12M
- Other · 1.6% · $5M
- NY Reg Shrs · 0.1% · $290,000
- Ltd Part · 0.0% · $116,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| COFCAPITAL ONE FINL CORP | NEW | +28.2K | 28.2K | +$6M | $6M |
| ROPROPER TECHNOLOGIES INC | NEW | +4.3K | 4.3K | +$2M | $2M |
| SIGMATRON INTL INC | NEW | +43.4K | 43.4K | +$129,000 | $129,000 |
| ORLYOREILLY AUTOMOTIVE INC | ADDED | +44.9K | 48.2K | −$412,000 | $4M |
| DMXDOUBLELINE ETF TRUST | ADDED | +63.2K | 88.2K | +$3M | $4M |
| DISCOVER FINL SVCS | SOLD OUT | −28.3K | 0 | −$5M | $0 |
| FIXDFIRST TR EXCHNG TRADED FD VI | SOLD OUT | −30.1K | 0 | −$1M | $0 |
| IUSVISHARES TR | SOLD OUT | −10.0K | 0 | −$921,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
75 positions (from 96 filing rows — )
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DBNDDOUBLELINE ETF TRUST | OPPORTUNISTIC CO · COMMERCIAL REAL · MULTI SECTOR INC | 12.63% | $40M | 839.3K |
| 2 | FTCBFIRST TR EXCHANGE-TRADED FDhistory → | CORE INVESTMENT | 8.64% | $27M | 1.30M |
| 3 | GOVTISHARES TR | US TREAS BD ETF · IBONDS DEC 2031 · CORE S&P500 ETF · USD INV GRDE ETF · NATIONAL MUN ETF · CORE US AGGBD ET · S&P 500 GRWT ETF · INTL EQTY FACTOR · MSCI ACWI EX US · ISHS 1-5YR INVS · CORE MSCI EAFE · CORE S&P US GWT · GLOBAL TECH ETF · CORE MSCI TOTAL · CORE S&P SCP ETF | 7.17% | $23M | 826.5K |
| 4 | EMXCISHARES INChistory → | MSCI EMRG CHN | 5.93% | $19M | 298.0K |
| 5 | NRGNRG ENERGY INChistory → | COM NEW | 2.93% | $9M | 57.9K |
| 6 | JPIEJ P MORGAN EXCHANGE TRADED F | INCOME ETF · MUNICIPAL ETF | 2.74% | $9M | 186.8K |
| 7 | NVDANVIDIA CORPORATIONhistory → | COM | 2.20% | $7M | 44.2K |
| 8 | JPMJPMORGAN CHASE & CO.history → | COM | 1.98% | $6M | 21.7K |
| 9 | AAPLAPPLE INChistory → | COM | 1.92% | $6M | 29.7K |
| 10 | COFCAPITAL ONE FINL CORPhistory → | COM | 1.89% | $6M | 28.2K |
| 11 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 1.83% | $6M | 32.9K |
| 12 | BKNGBOOKING HOLDINGS INChistory → | COM | 1.77% | $6M | 972 |
| 13 | VVISA INChistory → | COM CL A | 1.76% | $6M | 15.7K |
| 14 | WSMWILLIAMS SONOMA INChistory → | COM | 1.72% | $5M | 33.4K |
| 15 | CATCATERPILLAR INChistory → | COM | 1.69% | $5M | 13.8K |
| 16 | APPAPPLOVIN CORPhistory → | COM CL A | 1.66% | $5M | 15.0K |
| 17 | FLEX LTD | ORD | 1.65% | $5M | 104.6K |
| 18 | HCAHCA HEALTHCARE INChistory → | COM | 1.61% | $5M | 13.3K |
| 19 | ABBVABBVIE INChistory → | COM | 1.58% | $5M | 26.9K |
| 20 | MLPXGLOBAL X FDShistory → | GLB X MLP ENRG I | 1.49% | $5M | 75.4K |
| 21 | RELXRELX PLChistory → | SPONSORED ADR | 1.44% | $5M | 84.2K |
| 22 | ORLYOREILLY AUTOMOTIVE INChistory → | COM | 1.37% | $4M | 48.2K |
| 23 | PHMPULTE GROUP INChistory → | COM | 1.35% | $4M | 40.7K |
| 24 | NWGNATWEST GROUP PLChistory → | SPONS ADR | 1.34% | $4M | 299.7K |
| 25 | FTNTFORTINET INChistory → | COM | 1.26% | $4M | 37.8K |
| 26 | METAMETA PLATFORMS INChistory → | CL A | 1.26% | $4M | 5.4K |
| 27 | AONAON PLChistory → | SHS CL A | 1.22% | $4M | 10.9K |
| 28 | RTXRTX CORPORATIONhistory → | COM | 1.21% | $4M | 26.2K |
| 29 | QCOMQUALCOMM INChistory → | COM | 1.21% | $4M | 24.1K |
| 30 | CHDCHURCH & DWIGHT CO INChistory → | COM | 1.16% | $4M | 38.2K |
| 31 | CDWCDW CORPhistory → | COM | 1.11% | $4M | 19.7K |
| 32 | AVGOBROADCOM INChistory → | COM | 1.11% | $4M | 12.8K |
| 33 | VRTVERTIV HOLDINGS COhistory → | COM CL A | 1.10% | $3M | 27.2K |
| 34 | AMGAFFILIATED MANAGERS GROUP INhistory → | COM | 1.04% | $3M | 16.7K |
| 35 | SHWSHERWIN WILLIAMS COhistory → | COM | 1.01% | $3M | 9.3K |
| 36 | NXPINXP SEMICONDUCTORS N V | COM | 0.99% | $3M | 14.4K |
| 37 | AEPAMERICAN ELEC PWR CO INC | COM | 0.95% | $3M | 29.0K |
| 38 | AZNNASTRAZENECA PLC | SPONSORED ADR | 0.94% | $3M | 42.6K |
| 39 | EHCENCOMPASS HEALTH CORP | COM | 0.93% | $3M | 24.2K |
| 40 | AMEAMETEK INC | COM | 0.93% | $3M | 16.3K |
| 41 | TOPBUILD CORP | COM | 0.93% | $3M | 9.1K |
| 42 | ANETARISTA NETWORKS INC | COM SHS | 0.89% | $3M | 27.6K |
| 43 | EWEDWARDS LIFESCIENCES CORP | COM | 0.85% | $3M | 34.3K |
| 44 | CNCCENTENE CORP DEL | COM | 0.78% | $2M | 45.5K |
| 45 | ROPROPER TECHNOLOGIES INC | COM | 0.77% | $2M | 4.3K |
| 46 | QSRRESTAURANT BRANDS INTL INC | COM | 0.74% | $2M | 35.5K |
| 47 | ADBEADOBE INC | COM | 0.72% | $2M | 5.9K |
| 48 | SCHBSCHWAB STRATEGIC TR | US BRD MKT ETF · US LCAP GR ETF · SHT TM US TRES | 0.56% | $2M | 71.8K |
| 49 | MSFTMICROSOFT CORP | COM | 0.54% | $2M | 3.4K |
| 50 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.41% | $1M | 2.7K |
| 51 | AMZNAMAZON COM INC | COM | 0.39% | $1M | 5.6K |
| 52 | LLYELI LILLY & CO | COM | 0.38% | $1M | 1.5K |
| 53 | MAMASTERCARD INCORPORATED | CL A | 0.36% | $1M | 2.1K |
| 54 | FMBFIRST TR EXCH TRADED FD III | MANAGD MUN ETF | 0.35% | $1M | 22.5K |
| 55 | MCKMCKESSON CORP | COM | 0.33% | $1M | 1.4K |
| 56 | AMATAPPLIED MATLS INC | COM | 0.30% | $953,000 | 5.2K |
| 57 | KRKROGER CO | COM | 0.29% | $912,000 | 12.7K |
| 58 | NFLXNETFLIX INC | COM | 0.24% | $749,000 | 559 |
| 59 | VTIVANGUARD INDEX FDS | TOTAL STK MKT · REAL ESTATE ETF | 0.22% | $692,000 | 5.0K |
| 60 | PGPROCTER AND GAMBLE CO | COM | 0.22% | $683,000 | 4.3K |
| 61 | GLWCORNING INC | COM | 0.21% | $672,000 | 12.8K |
| 62 | MRKMERCK & CO INC | COM | 0.21% | $670,000 | 8.5K |
| 63 | NSCNORFOLK SOUTHN CORP | COM | 0.19% | $608,000 | 2.4K |
| 64 | STESTERIS PLC | SHS USD | 0.18% | $569,000 | 2.4K |
| 65 | ZTSZOETIS INC | CL A | 0.17% | $549,000 | 3.5K |
| 66 | MDYSPDR S&P MIDCAP 400 ETF TR | UTSER1 S&PDCRP | 0.15% | $463,000 | 818 |
| 67 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.14% | $453,000 | 734 |
| 68 | WMTWALMART INC | COM | 0.13% | $419,000 | 4.3K |
| 69 | HDHOME DEPOT INC | COM | 0.13% | $418,000 | 1.1K |
| 70 | COSTCOSTCO WHSL CORP NEW | COM | 0.13% | $412,000 | 416 |
| 71 | CTSHCOGNIZANT TECHNOLOGY SOLUTIO | CL A | 0.13% | $397,000 | 5.1K |
| 72 | ABTABBOTT LABS | COM | 0.11% | $343,000 | 2.5K |
| 73 | MTARCELORMITTAL SA LUXEMBOURG | NY REGISTRY SH | 0.09% | $290,000 | 9.2K |
| 74 | SIGMATRON INTL INC | COM | 0.04% | $129,000 | 43.4K |
| 75 | ESBAEMPIRE ST RLTY OP L P | UNIT LTD PRTNSP | 0.04% | $116,000 | 14.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $347M | 91 | Apr 28, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $352M | 91 | Jan 21, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $349M | 96 | Oct 20, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $317M | 96 | Jul 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $287M | 100 | Apr 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $287M | 99 | Jan 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $280M | 97 | Nov 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $268M | 99 | Jul 30, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $269M | 104 | Apr 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $237M | 101 | Jan 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $211M | 96 | Nov 9, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $211M | 96 | Aug 4, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $196M | 93 | May 1, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $183M | 96 | Jan 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $146M | 84 | Nov 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $165M | 84 | Aug 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $193M | 82 | May 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $213M | 87 | Jan 27, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $195M | 88 | Nov 5, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $192M | 92 | Aug 4, 2021 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2021 | $180M | 87 | Apr 29, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $171M | 87 | Jan 28, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $157M | 68 | Nov 9, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $140M | 69 | Aug 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $110M | 63 | May 28, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $140M | 70 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.