Managers / Q3 2025 · view latest →

Triumph Capital Management

CIK 0001730765 · 1610 WYNKOOP STREET, SUITE 550, DENVER, CO, 80202 · 7203995555

Reported Value

$411M

Q3 2025

Positions

1,969

Filings on Record

2019–present window

Filed

Nov 17, 2025

original filing

Summary

Triumph Capital Management reported $411M in U.S.-listed holdings across 1,969 positions for Q3 2025.

Its largest position, FTSM, represents 3.2% of the portfolio.

Compared with Q2 2025, the fund opened 1319 new positions and exited 1.

Portfolio Metrics

Turnover

+8.2%

vs prior filed quarter

Top-10 Concentration

+20.6%

share of reported value

Largest Position

+3.2%

First Trust Enhanced Short Maturity Etf

New / Exited

1319 / 1

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

ETP · 63.8% · $262M
Common Stock · 30.5% · $125M
Closed-End Fund · 3.1% · $13M
REIT · 1.6% · $7M
Other · 0.6% · $3M
Other · 0.4% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

Issuer	Move	Share Δ	Shares now	Value Δ	Value now
SPYM STATE STREET SPDR PORTFOLIO S&P 500 ETF	NEW	+30.8K	30.8K	+$2M	$2M
TGT TARGET CORP COM	NEW	+24.6K	24.6K	+$2M	$2M
TAPPALPHA SPY GROWTH & DAILY INCOME ETF	NEW	+64.3K	64.3K	+$2M	$2M
CRWV COREWEAVE INC COM CL A	NEW	+9.4K	9.4K	+$1M	$1M
NEOS ENHANCED INCOME CREDIT SELECT ETF	NEW	+15.3K	15.3K	+$774,325	$774,325
DE DEERE & CO COM	NEW	+1.6K	1.6K	+$748,535	$748,535
LYFT LYFT INC CL A COM	NEW	+33.0K	33.0K	+$726,153	$726,153
SSRM SSR MINING IN COM	NEW	+25.3K	25.3K	+$616,449	$616,449

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

Holdings — Q3 2025

469 positions

Export to Excel

#	Issuer	Class	% Portfolio	Value ↓	Shares
1	FTSM FIRST TRUST ENHANCED SHORT MATURITY ETF history →	ETF	3.22%	$13M	220.5K
2	FIXD FIRST TRUST SMITH OPPORTUNISTIC FIXED INCOME ETF history →	ETF	2.47%	$10M	228.7K
3	RDVY FIRST TRUST RISING DIVIDEND ACHIEVERS ETF history →	ETF	2.22%	$9M	135.3K
4	FTCS FIRST TRUST CAPITAL STRENGTH ETF history →	ETF	2.07%	$9M	90.9K
5	BND VANGUARD TOTAL BOND MARKET ETF history →	ETF	2.01%	$8M	111.2K
6	SDVY FIRST TRUST SMID CAP RISING DIVIDEND ACHIEVERS ETF history →	ETF	1.96%	$8M	211.9K
7	SPY SPDR S&P 500 ETF TRUST history →	ETF	1.71%	$7M	10.6K
8	JPST JPMORGAN ULTRA-SHORT INCOME ETF history →	ETF	1.68%	$7M	136.0K
9	QQQ INVESCO QQQ TRUST SERIES I history →	ETF	1.67%	$7M	11.4K
10	IVV ISHARES CORE S&P 500 ETF history →	ETF	1.62%	$7M	9.9K
11	FDL FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX FUND history →	ETF	1.59%	$7M	150.3K
12	LMBS FIRST TRUST LOW DURATION OPPORTUNITIES ETF history →	ETF	1.57%	$6M	129.6K
13	FEX FIRST TRUST LARGE CAP CORE ALPHADEX FUND history →	ETF	1.51%	$6M	53.1K
14	NVDA NVIDIA CORPORATION COM history →	Stock	1.38%	$6M	30.4K
15	IWR ISHARES RUSSELL MIDCAP ETF history →	ETF	1.37%	$6M	58.2K
16	BNDX VANGUARD TOTAL INTERNATIONAL BOND ETF history →	ETF	1.35%	$6M	112.5K
17	IWM ISHARES RUSSELL 2000 ETF history →	ETF	1.21%	$5M	20.5K
18	XLP CONSUMER STAPLES SELECT SECTOR SPDR FUND history →	ETF	1.20%	$5M	62.7K
19	TLT ISHARES 20 YEAR TREASURY BOND ETF history →	ETF	1.13%	$5M	51.9K
20	UDEC INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - DECEMBER history →	ETF	1.10%	$5M	117.5K
21	AMZN AMAZON COM INC COM history →	Stock	1.08%	$4M	20.2K
22	QUAL ISHARES MSCI USA QUALITY FACTOR ETF history →	ETF	1.07%	$4M	22.5K
23	SFLR INNOVATOR EQUITY MANAGED FLOOR ETF history →	ETF	1.05%	$4M	120.0K
24	AAPL APPLE INC COM	Stock	0.99%	$4M	16.0K
25	BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW	Stock	0.93%	$4M	7.6K
26	MSFT MICROSOFT CORP COM	Stock	0.84%	$3M	6.7K
27	SOFI SOFI TECHNOLOGIES INC COM	Stock	0.81%	$3M	126.2K
28	VFLO VICTORYSHARES FREE CASH FLOW ETF	ETF	0.81%	$3M	88.5K
29	LLY ELI LILLY & CO COM	Stock	0.80%	$3M	4.3K
30	FT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME ETF	ETF	0.73%	$3M	61.2K
31	PLTR PALANTIR TECHNOLOGIES INC CL A	Stock	0.71%	$3M	15.9K
32	SPYI NEOS S&P 500 HIGH INCOME ETF	ETF	0.65%	$3M	51.3K
33	MOAT VANECK MORNINGSTAR WIDE MOAT ETF	ETF	0.61%	$3M	25.4K
34	VPLS VANGUARD CORE PLUS BOND ETF	ETF	0.61%	$2M	31.7K
35	QFLR INNOVATOR NASDAQ-100 MANAGED FLOOR ETF	ETF	0.60%	$2M	74.2K
36	KENSINGTON HEDGED PREMIUM INCOME ETF	ETF	0.59%	$2M	95.4K
37	SPYM STATE STREET SPDR PORTFOLIO S&P 500 ETF	ETF	0.59%	$2M	30.7K
38	FVD FIRST TRUST VALUE LINE DIVIDEND INDEX FUND	ETF	0.57%	$2M	50.6K
39	NJAN INNOVATOR GROWTH-100 POWER BUFFER ETF - JANUARY	ETF	0.53%	$2M	40.7K
40	VTI VANGUARD TOTAL STOCK MARKET ETF	ETF	0.52%	$2M	6.5K
41	SNOW SNOWFLAKE INC COM SHS	Stock	0.51%	$2M	9.2K
42	UNH UNITEDHEALTH GROUP INC COM	Stock	0.50%	$2M	5.9K
43	PG PROCTER AND GAMBLE CO COM	Stock	0.50%	$2M	13.3K
44	AVGO BROADCOM INC COM	Stock	0.48%	$2M	6.0K
45	JEPI JPMORGAN EQUITY PREMIUM INCOME ETF	ETF	0.47%	$2M	33.6K
46	INNOVATOR DEFINED WEALTH SHIELD ETF	ETF	0.46%	$2M	57.2K
47	JPMORGAN U.S. TECH LEADERS ETF	ETF	0.46%	$2M	20.4K
48	DIA SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	ETF	0.44%	$2M	3.9K
49	FT VEST RISING DIVIDEND ACHIEVERS TARGET INCOME ETF	ETF	0.43%	$2M	68.3K
50	AON AON PLC SHS CL A	Stock	0.43%	$2M	4.9K
51	AMD ADVANCED MICRO DEVICES INC COM	Stock	0.42%	$2M	10.6K
52	VZ VERIZON COMMUNICATIONS INC COM	Stock	0.42%	$2M	39.1K
53	META META PLATFORMS INC CL A	Stock	0.41%	$2M	2.3K
54	PANW PALO ALTO NETWORKS INC COM	Stock	0.40%	$2M	8.0K
55	TAPPALPHA SPY GROWTH & DAILY INCOME ETF	ETF	0.39%	$2M	62.8K
56	BX BLACKSTONE INC COM	Stock	0.39%	$2M	9.4K
57	IGV ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF	ETF	0.39%	$2M	13.8K
58	TSLA TESLA INC COM	Stock	0.37%	$2M	3.4K
59	RIVN RIVIAN AUTOMOTIVE INC COM CL A	Stock	0.36%	$1M	100.6K
60	CLOA ISHARES AAA CLO ACTIVE ETF	ETF	0.36%	$1M	28.2K
61	MDY SPDR S&P MIDCAP 400 ETF TRUST	ETF	0.35%	$1M	2.4K
62	SGOV ISHARES 0-3 MONTH TREASURY BOND ETF	ETF	0.33%	$1M	13.6K
63	MBLY MOBILEYE GLOBAL INC COMMON CLASS A	Stock	0.33%	$1M	95.7K
64	PYPL PAYPAL HLDGS INC COM	Stock	0.33%	$1M	20.0K
65	PTY PIMCO CORPORATE & INCOME OPPOR COM	CEF	0.33%	$1M	92.8K
66	FYX FIRST TRUST SMALL CAP CORE ALPHADEX FUND	ETF	0.32%	$1M	12.2K
67	ORCL ORACLE CORP COM	Stock	0.32%	$1M	4.7K
68	NLY ANNALY CAPITAL MANAGEMENT INC COM NEW	REIT	0.32%	$1M	65.2K
69	IQLT ISHARES MSCI INTL QUALITY FACTOR ETF	ETF	0.31%	$1M	28.7K
70	PDI PIMCO DYNAMIC INCOME FD SHS	CEF	0.30%	$1M	63.2K
71	BKLN INVESCO SENIOR LOAN ETF	ETF	0.30%	$1M	59.4K
72	CRWV COREWEAVE INC COM CL A	Stock	0.30%	$1M	8.9K
73	OKTA OKTA INC CL A	Stock	0.28%	$1M	12.5K
74	GOOGL ALPHABET INC CAP STK CL A	Stock	0.28%	$1M	4.7K
75	FIRST TRUST WCM INTERNATIONAL EQUITY ETF	ETF	0.28%	$1M	67.5K
76	CPNG COUPANG INC CL A	Stock	0.28%	$1M	35.1K
77	PDO PIMCO DYNAMIC INCOME OPRNTS FD COM BEN SHS	CEF	0.27%	$1M	78.3K
78	JAAA JANUS HENDERSON AAA CLO ETF	ETF	0.27%	$1M	21.5K
79	MINT PIMCO ENHANCED SHORT MATURITY ACTIVE EXCHANGE-TRADED FUND	ETF	0.27%	$1M	10.8K
80	RYLD GLOBAL X RUSSELL 2000 COVERED CALL ETF	ETF	0.27%	$1M	72.5K
81	SMTH ALPS/SMITH CORE PLUS BOND ETF	ETF	0.26%	$1M	41.5K
82	CIBR FIRST TRUST NASDAQ CYBERSECURITY ETF	ETF	0.26%	$1M	14.0K
83	SKYY FIRST TRUST CLOUD COMPUTING ETF	ETF	0.26%	$1M	7.8K
84	SPDR PORTFOLIO EMERGING MARKETS ETF	ETF	0.25%	$1M	22.1K
85	QYLD GLOBAL X NASDAQ 100 COVERED CALL ETF	ETF	0.25%	$1M	60.1K
86	GBIL ACCESS TREASURY 0-1 YEAR ETF	ETF	0.25%	$1M	10.1K
87	USIG ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF	ETF	0.24%	$979,125	18.8K
88	ALL ALLSTATE CORP COM	Stock	0.24%	$975,814	4.5K
89	CEFS SABA CLOSED END FUNDS ETF	ETF	0.24%	$971,573	42.7K
90	GME GAMESTOP CORP NEW CL A	Stock	0.24%	$968,931	35.5K
91	OBDC BLUE OWL CAPITAL CORPORATION COM	CEF	0.23%	$958,873	75.1K
92	UBER UBER TECHNOLOGIES INC COM	Stock	0.23%	$939,532	9.6K
93	BMY BRISTOL-MYERS SQUIBB CO COM	Stock	0.22%	$899,700	19.9K
94	PFFD GLOBAL X U.S. PREFERRED ETF	ETF	0.22%	$888,239	45.7K
95	BCSF BAIN CAP SPECIALTY FIN INC COM STK	CEF	0.21%	$870,020	61.1K
96	TGT TARGET CORP COM	Stock	0.20%	$839,144	9.4K
97	HQH ABRDN HEALTHCARE INVESTORS SH BEN INT	CEF	0.20%	$830,460	45.0K
98	RVT ROYCE SMALL CAP TRUST INC COM	CEF	0.20%	$801,951	49.7K
99	GLDM SPDR GOLD MINISHARES TRUST OF BENEFICIAL INTEREST	ETF	0.19%	$800,508	10.5K
100	BCX BLACKROCK RES & COMMODITIES ST SHS	CEF	0.19%	$798,803	78.5K

Filing History

Quarter	Reported Value	Positions	Filed	Type	Links
Q1 2026	$491M	1,838	May 13, 2026	13F-HR	changes · EDGAR ↗
Q4 2025	$463M	1,769	Feb 12, 2026	13F-HR	changes · EDGAR ↗
Q3 2025	$411M	1,969	Nov 17, 2025	13F-HR	changes · EDGAR ↗
Q2 2025	$333M	286	Jul 9, 2025	13F-HR	changes · EDGAR ↗
Q1 2025	$300M	276	May 6, 2025	13F-HR	changes · EDGAR ↗
Q4 2024	$292M	273	Feb 14, 2025	13F-HR	changes · EDGAR ↗
Q1 2024	$245M	225	Apr 25, 2024	13F-HR	changes · EDGAR ↗
Q4 2023	$236M	215	Feb 5, 2024	13F-HR	changes · EDGAR ↗
Q3 2023	$220M	220	Oct 31, 2023	13F-HR	changes · EDGAR ↗
Q2 2023	$221M	224	Aug 3, 2023	13F-HR	changes · EDGAR ↗
Q1 2023	$196M	190	May 8, 2023	13F-HR	changes · EDGAR ↗
Q4 2022	$187M	207	Jan 31, 2023	13F-HR	changes · EDGAR ↗
Q3 2022	$184M	187	Nov 1, 2022	13F-HR	changes · EDGAR ↗
Q2 2022	$189M	204	Aug 2, 2022	13F-HR	changes · EDGAR ↗
Q1 2022	$231M	199	May 3, 2022	13F-HR	changes · EDGAR ↗
Q4 2021	$231M	210	Feb 11, 2022	13F-HR	changes · EDGAR ↗
Q3 2021	$214M	189	Nov 16, 2021	RESTATEMENT	changes · EDGAR ↗
Q2 2021	$171M	160	Jul 19, 2021	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 ↗.