Managers / Q3 2025 · view latest →
FORTRESS PRIVATE LEDGER, LLC
CIK 0001718251 · 3110 EDWARDS MILL RD, STE 200, RALEIGH, NC, 27612 · 919-322-2762
Summary
Fortress Private Ledger, LLC reported $274M in U.S.-listed holdings across 202 positions for Q3 2025.
Its largest position, PLTR, represents 17.3% of the portfolio.
Compared with Q2 2025, the fund opened 20 new positions and exited 3.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 71.3% · $195M
- ETP · 24.2% · $66M
- ADR · 1.8% · $5M
- Other · 1.1% · $3M
- Closed-End Fund · 0.8% · $2M
- Other · 0.8% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ETHGRAYSCALE ETHEREUM MINI TR E | NEW | +18.2K | 18.2K | +$714,095 | $714,095 |
| ANETARISTA NETWORKS INC | NEW | +4.1K | 4.1K | +$591,291 | $591,291 |
| LRCXLAM RESEARCH CORP | NEW | +4.0K | 4.0K | +$538,201 | $538,201 |
| VANGUARD INDEX FDS | NEW | +1.8K | 1.8K | +$458,975 | $458,975 |
| APHAMPHENOL CORP NEW | NEW | +3.2K | 3.2K | +$392,164 | $392,164 |
| SPDR SERIES TRUST | NEW | +3.5K | 3.5K | +$386,470 | $386,470 |
| ZSZSCALER INC | NEW | +911 | 911 | +$272,990 | $272,990 |
| BUWABIO RAD LABS INC | NEW | +971 | 971 | +$272,259 | $272,259 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PLTRPALANTIR TECHNOLOGIES INChistory → | CL A | 17.28% | $47M | 259.8K |
| 2 | NVDANVIDIA CORPORATIONhistory → | COM | 5.91% | $16M | 86.8K |
| 3 | CGDVUSDCAPITAL GROUP DIVIDEND VALUEhistory → | SHS CREATION UNI | 5.77% | $16M | 376.3K |
| 4 | AAPLAPPLE INChistory → | COM | 4.63% | $13M | 49.9K |
| 5 | MSFTMICROSOFT CORPhistory → | COM | 3.21% | $9M | 17.0K |
| 6 | RGTIRIGETTI COMPUTING INChistory → | COMMON STOCK | 2.23% | $6M | 205.0K |
| 7 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 2.10% | $6M | 16.2K |
| 8 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 1.63% | $4M | 7.3K |
| 9 | IONQIONQ INChistory → | COM | 1.58% | $4M | 70.3K |
| 10 | EA SERIES TRUST | ALPHA ARCH 1-3 | 1.34% | $4M | 32.4K |
| 11 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 1.33% | $4M | 15.0K |
| 12 | COKECOCA COLA CONS INChistory → | COM | 1.29% | $4M | 30.1K |
| 13 | AMZNAMAZON COM INChistory → | COM | 1.23% | $3M | 15.3K |
| 14 | IBITISHARES BITCOIN TRUST ETFhistory → | SHS BEN INT | 1.21% | $3M | 51.2K |
| 15 | SPDR S&P 500 ETF TR | TR UNIT | 1.10% | $3M | 4.5K |
| 16 | METAMETA PLATFORMS INChistory → | CL A | 1.08% | $3M | 4.0K |
| 17 | AVGOBROADCOM INChistory → | COM | 1.03% | $3M | 8.6K |
| 18 | VVISA INChistory → | COM CL A | 1.01% | $3M | 8.1K |
| 19 | SCHWAB STRATEGIC TR | US LCAP GR ETF | 0.92% | $3M | 78.7K |
| 20 | LLYELI LILLY & CO | COM | 0.84% | $2M | 3.0K |
| 21 | EZPWEZCORP INC | CL A NON VTG | 0.84% | $2M | 121.0K |
| 22 | TRVCCITIGROUP INC | COM NEW | 0.79% | $2M | 21.3K |
| 23 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.77% | $2M | 3.5K |
| 24 | 4I1PHILIP MORRIS INTL INC | COM | 0.75% | $2M | 12.6K |
| 25 | TSLATESLA INC | COM | 0.74% | $2M | 4.6K |
| 26 | RBB FUND TRUST | FIRST EAGLE GBL | 0.71% | $2M | 43.8K |
| 27 | DNPDNP SELECT INCOME FD INC | COM | 0.69% | $2M | 188.2K |
| 28 | ORCLORACLE CORP | COM | 0.64% | $2M | 6.2K |
| 29 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.63% | $2M | 3.4K |
| 30 | PROSHARES TR | ULTRAPRO QQQ | 0.61% | $2M | 16.3K |
| 31 | JPMJPMORGAN CHASE & CO. | COM | 0.61% | $2M | 5.3K |
| 32 | MCDMCDONALDS CORP | COM | 0.59% | $2M | 5.3K |
| 33 | CRMSALESFORCE INC | COM | 0.57% | $2M | 6.6K |
| 34 | CHVCHEVRON CORP NEW | COM | 0.56% | $2M | 9.8K |
| 35 | GSGOLDMAN SACHS GROUP INC | COM | 0.55% | $2M | 1.9K |
| 36 | EXMOCEXXON MOBIL CORP | COM | 0.55% | $2M | 13.4K |
| 37 | AIRAAR CORP | COM | 0.53% | $1M | 16.2K |
| 38 | A4SAMERIPRISE FINL INC | COM | 0.52% | $1M | 2.9K |
| 39 | BABOEING CO | COM | 0.51% | $1M | 6.5K |
| 40 | ISHARES TR | MSCI USA QLT FCT | 0.51% | $1M | 7.1K |
| 41 | WMTWALMART INC | COM | 0.49% | $1M | 13.0K |
| 42 | EMNEASTMAN CHEM CO | COM | 0.49% | $1M | 21.1K |
| 43 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.48% | $1M | 4.8K |
| 44 | ETENERGY TRANSFER L P | COM UT LTD PTN | 0.47% | $1M | 75.5K |
| 45 | BXBLACKSTONE INC | COM | 0.46% | $1M | 7.5K |
| 46 | DUKDUKE ENERGY CORP NEW | COM NEW | 0.46% | $1M | 10.2K |
| 47 | TSNTYSON FOODS INC | CL A | 0.45% | $1M | 22.9K |
| 48 | TIDAL TRUST I | FUNDSTRAT GRANNY | 0.45% | $1M | 48.9K |
| 49 | BACBANK AMERICA CORP | COM | 0.44% | $1M | 23.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $320M | 252 | May 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $304M | 219 | Feb 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $274M | 202 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $220M | 185 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $179M | 175 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $164M | 147 | Feb 14, 2025 | 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 ↗.