SEC 13F Intelligence

Managers / Q3 2025 · view latest →

PENNINGTON PARTNERS & CO., LLC

CIK 0001779355 · 7500 OLD GEORGETOWN RD, SUITE 705, BETHESDA, MD, 20814 · 202-370-6435

Reported Value
$211M
Q3 2025
Positions
89
Filings on Record
6
2019–present window
Filed
Nov 14, 2025
original filing

Summary

Pennington Partners & Co., LLC reported $211M in U.S.-listed holdings across 89 positions for Q3 2025.

The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 25.2% of reported value.

Compared with Q2 2025, the fund opened 17 new positions and exited 9.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+72.6%
share of reported value
Largest Position
+25.2%
Vanguard Index Fds
New / Exited
17 / 9
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. 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 ’24: $202MQ4 ’24Q1 ’25: $175MQ1 ’25Q2 ’25: $186MQ2 ’25Q3 ’25: $211MQ3 ’25Q4 ’25: $250MQ4 ’25Q1 ’26: $292MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 82.3%Common Stock: 15.0%REIT: 2.4%MLP: 0.4%
  • ETP · 82.3% · $174M
  • Common Stock · 15.0% · $32M
  • REIT · 2.4% · $5M
  • MLP · 0.4% · $759,876

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LINELINEAGE INCNEW+74.4K74.4K+$3M$3M
PLTRPALANTIR TECHNOLOGIES INCNEW+9.1K9.1K+$2M$2M
UNHUNITEDHEALTH GROUP INCNEW+3.2K3.2K+$1M$1M
SCHWAB STRATEGIC TRNEW+32.4K32.4K+$754,831$754,831
VANGUARD SCOTTSDALE FDSNEW+7.8K7.8K+$652,671$652,671
ABNBAIRBNB INCNEW+4.8K4.8K+$587,794$587,794
ISHARES TRNEW+3.5K3.5K+$367,955$367,955
RTXRTX CORPORATIONNEW+2.1K2.1K+$351,211$351,211

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

Holdings — Q3 2025

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · LARGE CAP ETF · MID CAP ETF28.05%$59M174.5K
2ACWIISHARES TRRUSSELL 3000 ETF · CORE S&P TTL STK · MSCI ACWI ETF · CORE S&P500 ETF · MSCI ACWI EX US · MSCI EAFE ETF · CORE MSCI TOTAL · RUS 1000 GRW ETF · CORE US AGGBD ET25.74%$54M222.1K
3EA SERIES TRUSTALPHA ARCH 1-312.92%$27M239.4K
4VANGUARD SCOTTSDALE FDSVNG RUS3000IDX · VNG RUS2000IDX · INT-TERM CORP7.16%$15M62.5K
5LINELINEAGE INChistory →COM1.38%$3M74.4K
6MSFTMICROSOFT CORPhistory →COM1.37%$3M5.6K
7GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.22%$3M10.6K
8AMZNAMAZON COM INChistory →COM1.20%$3M11.5K
9JANUS DETROIT STR TRHENDRSON AAA CL1.16%$2M48.0K
10IBITISHARES BITCOIN TRUST ETFhistory →SHS BEN INT1.09%$2M35.4K
11NVDANVIDIA CORPORATIONhistory →COM1.04%$2M11.7K
12BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.01%$2M4.3K
13INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF · S&P 500 REVENUE0.87%$2M10.0K
14HTGCHERCULES CAPITAL INCCOM0.87%$2M96.7K
15PLTRPALANTIR TECHNOLOGIES INCCL A0.79%$2M9.1K
16MARMARRIOTT INTL INC NEWCL A0.77%$2M6.2K
17ABRARBOR REALTY TRUST INCCOM0.74%$2M127.3K
18UBERUBER TECHNOLOGIES INCCOM0.67%$1M14.5K
19VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · TT WRLD ST ETF0.59%$1M16.0K
20AAPLAPPLE INCCOM0.58%$1M4.8K
21VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.56%$1M19.7K
22UNHUNITEDHEALTH GROUP INCCOM0.52%$1M3.2K
23JPMJPMORGAN CHASE & CO.COM0.46%$973,2963.1K
24WMTWALMART INCCOM0.45%$949,0509.2K
25METAMETA PLATFORMS INCCL A0.41%$869,2701.2K
26GSGOLDMAN SACHS GROUP INCCOM0.39%$823,7271.0K
27SCHWAB STRATEGIC TRINTL EQTY ETF0.36%$754,83132.4K
28STAGSTAG INDL INCCOM0.30%$643,12118.2K
29ETFIS SER TR IINFRAC ACT MLP0.30%$642,88016.0K
30ABNBAIRBNB INCCOM CL A0.28%$587,7944.8K
31EPDENTERPRISE PRODS PARTNERS LCOM0.26%$543,66017.4K
32VANGUARD WORLD FDMEGA GRWTH IND0.25%$535,2621.3K
33SPDR S&P 500 ETF TRTR UNIT0.25%$524,840786
34INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.24%$508,3962.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$292M114May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$250M97Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$211M89Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$186M82Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$175M82May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$202M91Feb 14, 202513F-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 ↗.