SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Ground Swell Capital, LLC

CIK 0001534450 · 105 WEST HURON AVENUE, SUITE 205, FOLLY BEACH, SC, 29439 · (843) 588-5169

Reported Value
$63M
Q2 2025
Positions
141
Filings on Record
23
2019–present window
Filed
Jul 31, 2025
original filing

Summary

Ground Swell Capital, LLC reported $63M in U.S.-listed holdings across 141 positions for Q2 2025.

The portfolio is heavily concentrated: SPY alone accounts for 51.2% of reported value.

Compared with Q1 2025, the fund opened 131 new positions and exited 145.

Portfolio Metrics

Turnover
+81.3%
vs prior filed quarter
Top-10 Concentration
+76.0%
share of reported value
Largest Position
+51.2%
Spdr S P 500 Etf Tr
New / Exited
131 / 145
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
Q4 ’20: $26MQ4 ’20Q1 ’21: $31MQ2 ’21: $21MQ3 ’21: $23MQ3 ’21Q4 ’21: $17MQ1 ’22: $39MQ2 ’22: $55MQ2 ’22Q3 ’22: $35MQ4 ’22: $23MQ1 ’23: $60MQ1 ’23Q2 ’23: $82MQ3 ’23: $61MQ4 ’23: $27MQ4 ’23Q1 ’24: $110MQ2 ’24: $129MQ3 ’24: $114MQ3 ’24Q4 ’24: $66MQ1 ’25: $46MQ2 ’25: $63MQ2 ’25Q3 ’25: $46MQ4 ’25: $49MQ1 ’26: $51MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 73.4%Common Stock: 23.9%ADR: 1.1%PUBLIC: 0.9%Other: 0.5%REIT: 0.2%
  • ETP · 73.4% · $46M
  • Common Stock · 23.9% · $15M
  • ADR · 1.1% · $696,622
  • PUBLIC · 0.9% · $583,975
  • Other · 0.5% · $295,481
  • REIT · 0.2% · $115,953

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETF TRNEW+52.2K52.2K+$32M$32M
IWMISHARES TRNEW+30.8K30.8K+$7M$7M
CRCLCIRCLE INTERNET GROUP INCNEW+10.0K10.0K+$2M$2M
IWBISHARES TRNEW+2.8K2.8K+$965,058$965,058
KRESPDR SERIES TRUSTNEW+15.2K15.2K+$905,044$905,044
IXJISHARES TRNEW+7.9K7.9K+$677,270$677,270
WTWWILLIS TOWERS WATSON PLC LTDNEW+2.2K2.2K+$674,607$674,607
TMUST-MOBILE US INCNEW+2.7K2.7K+$635,916$635,916

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

132 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPYSPDR S&P 500 ETF TRhistory →TR UNIT51.18%$32M52.2K
2IWMISHARES TRRUSSELL 2000 ETF · RUS 1000 ETF · GLOB HLTHCRE ETF · GLOBAL 100 ETF · TIPS BD ETF · MSCI INTL QUALTY15.21%$10M57.5K
3KRESPDR SERIES TRUSTS&P REGL BKG · PORTFOLIO S&P600 · PRTFLO S&P500 GW2.77%$2M30.7K
4WTWWILLIS TOWERS WATSON PLC LTDhistory →SHS1.07%$674,6072.2K
5DBX ETF TRXTRACKERS MSCI1.04%$652,7906.0K
6TMUST-MOBILE US INChistory →COM1.01%$635,9162.7K
7SCHPSCHWAB STRATEGIC TRhistory →US TIPS ETF1.00%$631,38223.7K
8CGCPCAPITAL GRP FIXED INCM ETF TCORE PLUS INCM0.94%$594,56326.4K
9IAUISHARES GOLD TRISHARES NEW0.91%$575,3969.2K
10CRWVCOREWEAVE INCCOM CL A0.91%$571,1993.5K
11ZBRAZEBRA TECHNOLOGIES CORPORATICL A0.85%$535,6211.7K
12ISRGINTUITIVE SURGICAL INCCOM NEW0.72%$453,204834
13PCGPG&E CORPPFD CONV SER A · COM0.70%$438,84018.7K
14MSCIMSCI INCCOM0.61%$386,416670
15ETSYETSY INCCOM0.61%$382,8217.6K
16HONHONEYWELL INTL INCCOM0.58%$364,9231.6K
17ZSZSCALER INCCOM0.56%$350,6711.1K
18PWRQUANTA SVCS INCCOM0.52%$324,393858
19HIGHARTFORD INSURANCE GROUP INCCOM0.51%$323,7722.6K
20HSYHERSHEY COCOM0.49%$307,6711.9K
21ARES MANAGEMENT CORPORATION6.75 SE B PFD0.48%$300,2455.7K
22NVRNVR INCCOM0.47%$295,42640
23BJRIBJS RESTAURANTS INCCOM0.46%$289,2766.5K
24FLGFLAGSTAR FINANCIAL INCCOM NEW0.44%$276,04526.0K
25TOLTOLL BROTHERS INCCOM0.44%$274,0262.4K
26SESEA LTDSPONSORD ADS0.43%$268,5391.7K
27ATOATMOS ENERGY CORPCOM0.42%$262,6031.7K
28TKRTIMKEN COCOM0.41%$260,7453.6K
29AMDADVANCED MICRO DEVICES INCCOM0.41%$259,5351.8K
30MARMARRIOTT INTL INC NEWCL A0.41%$257,091941
31VRSKVERISK ANALYTICS INCCOM0.41%$256,988825
32AMEAMETEK INCCOM0.40%$251,7151.4K
33ITTITT INCCOM0.40%$249,0461.6K
34PBHPRESTIGE CONSMR HEALTHCARE ICOM0.38%$238,9913.0K
35GLTRABRDN PRECIOUS METALS BASKETPHYSCL PRECS MET0.38%$236,5131.7K
36SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.37%$232,1712.8K
37PEGAPEGASYSTEMS INCCOM0.37%$230,7564.3K
38DEUTSCHE BANK A GNAMEN AKT0.36%$224,7837.7K
39ARWARROW ELECTRS INCCOM0.35%$223,2571.8K
40EWBCEAST WEST BANCORP INCCOM0.35%$219,3292.2K
41SDGRSCHRODINGER INCCOM0.35%$219,08710.9K
42ANAUTONATION INCCOM0.35%$218,3161.1K
43LMTLOCKHEED MARTIN CORPCOM0.34%$215,823466
44CHECHEMED CORP NEWCOM0.34%$211,815435
45BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.33%$207,7671.8K
46JNPJUNIPER NETWORKS INCCOM0.33%$206,9975.2K
47TWTRADEWEB MKTS INCCL A0.33%$205,5461.4K
48RHRHCOM0.33%$204,6981.1K
49SAPSAP SESPON ADR0.32%$204,355672
50DTEDTE ENERGY COCOM0.32%$201,4721.5K
51INFUINFUSYSTEM HLDGS INCCOM0.21%$135,36421.7K
52URGUR-ENERGY INCCOM0.17%$108,077102.9K
53LCTXLINEAGE CELL THERAPEUTICS INCOM0.15%$94,833104.5K
54GRABGRAB HOLDINGS LIMITEDCLASS A ORD0.12%$77,44715.4K
55WOLFSPEED INCCOM0.12%$73,848185.2K
56TROXTRONOX HOLDINGS PLCSHS0.11%$70,21413.8K
57BBBLACKBERRY LTDCOM0.11%$68,92915.1K
58KOSKOSMOS ENERGY LTDCOM0.10%$62,40236.3K
59ATERATERIAN INCCOM NEW0.09%$57,73534.8K
60CATXPERSPECTIVE THERAPEUTICS INCCOM NEW0.09%$56,32316.4K
61TILLYS INCCL A0.09%$56,31040.8K
62AMPYAMPLIFY ENERGY CORP NEWCOM0.09%$54,21416.9K
63ILPTINDUSTRIAL LOGISTICS PPTYS TCOM SHS BEN INT0.09%$53,92711.9K
64GETYGETTY IMAGES HOLDINGS INCCL A COM0.07%$47,20428.4K
65ASSET ENTITIES INCCL B NEW0.06%$40,25310.7K
66GPMTGRANITE PT MTG TR INCCOM STK0.06%$39,64816.1K
67ORGOORGANOGENESIS HLDGS INCCOM0.06%$38,79210.6K
68ARTVARTIVA BIOTHERAPEUTICS INCCOM0.06%$37,52224.8K
69UHGUNITED HOMES GROUP INCCL A0.05%$31,78411.0K
70ELDNELEDON PHARMACEUTICALS INCCOM0.05%$31,42811.6K
71TET1 ENERGY INCCOM NEW0.05%$31,40725.5K
72FLNACASSAVA SCIENCES INCCOM0.05%$30,74317.0K
73VERIVERITONE INCCOM0.04%$27,40521.8K
74ANROALTO NEUROSCIENCE INCCOM SHS0.04%$27,38312.4K
75CHGGCHEGG INCCOM0.04%$27,31822.6K
76NRGVENERGY VAULT HOLDINGS INCCOM0.04%$26,19336.5K
77ROADZEN INCORD SHS0.04%$25,58226.1K
78FANGDD NETWORK GROUP LTDSHS NEW CL A0.04%$25,07111.8K
79WHEELS UP EXPERIENCE INCCOM CL A0.04%$24,07722.5K
80ABATAMERICAN BATTERY TECHNOLOGYCOM NEW0.04%$23,84214.7K
81OTLKOUTLOOK THERAPEUTICS INCCOM0.04%$23,77614.9K
82CBUSCIBUS INCCL A COM STK0.04%$22,96616.6K
83VRAVERA BRADLEY INCCOM0.04%$22,56910.2K
84ONLORION PROPERTIES INCCOM0.04%$22,37810.5K
85FTHMFATHOM HOLDINGS INCCOM0.03%$21,65017.5K
86CBL INTL LTDORDINARY SHARES0.03%$21,44223.3K
87CRBUCARIBOU BIOSCIENCES INCCOM0.03%$20,54616.3K
88CARDLYTICS INCCOM0.03%$19,91312.1K
89QSIQUANTUM SI INCCOM CL A0.03%$19,79610.1K
90DEVVSTREAM CORPCOM0.03%$19,09153.7K
91LWLGLIGHTWAVE LOGIC INCCOM0.03%$18,64715.0K
92INNO HOLDINGS INCCOM NEW0.03%$18,48413.3K
93MGXMETAGENOMI INCCOM0.03%$18,05312.2K
94SESSES AI CORPORATIONCL A COM0.03%$17,77120.0K
95REKRREKOR SYSTEMS INCCOM0.03%$17,17314.8K
96JIANZHI ED TECHNOLOGY GROUPSPONSORED ADS0.03%$17,16310.3K
97UTIME LTDSHS NEW0.03%$17,08917.8K
98ATOSSA THERAPEUTICS INCCOM0.03%$16,59220.0K
99TPI COMPOSITES INCCOM0.03%$16,45119.1K
100MYNDMYND AI INCSPON ADS0.03%$15,96117.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$51M122Apr 21, 202613F-HRchanges · EDGAR ↗
Q4 2025$49M87Feb 4, 202613F-HRchanges · EDGAR ↗
Q3 2025$46M131Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$63M141Jul 31, 202513F-HRchanges · EDGAR ↗
Q1 2025$46M155May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$66M147Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$114M155Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$129M173Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$110M73May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$27M68Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$61M76Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023REVEALED$82M115Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$60M55May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022$23M77Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$35M95Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$55M139Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$39M67May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$17M68Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$23M66Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$21M82Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$31M98Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$26M64Jan 29, 202113F-HRchanges · 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 ↗.