SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Fortis Capital Management LLC

CIK 0001802167 · 3600 136TH PL SE, SUITE 270, BELLEVUE, WA, 98006 · 4254535010

Reported Value
$469M
Q2 2024
Positions
128
Filings on Record
26
2019–present window
Filed
Jul 23, 2024
original filing

Summary

Fortis Capital Management LLC reported $469M in U.S.-listed holdings across 128 positions for Q2 2024.

The portfolio is heavily concentrated: MSFT alone accounts for 28.1% of reported value.

Compared with Q1 2024, the fund opened 16 new positions and exited 5.

Portfolio Metrics

Turnover
+6.7%
vs prior filed quarter
Top-10 Concentration
+51.6%
share of reported value
Largest Position
+28.1%
Microsoft
New / Exited
16 / 5
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 ’19: $113MQ4 ’19Q1 ’20: $34MQ2 ’20: $89MQ3 ’20: $126MQ4 ’20: $131MQ4 ’20Q1 ’21: $173MQ2 ’21: $197MQ3 ’21: $188MQ4 ’21: $193MQ4 ’21Q1 ’22: $196MQ2 ’22: $102MQ3 ’22: $117MQ4 ’22: $135MQ4 ’22Q1 ’23: $247MQ2 ’23: $283MQ3 ’23: $321MQ4 ’23: $391MQ4 ’23Q1 ’24: $381MQ2 ’24: $469MQ3 ’24: $496MQ4 ’24: $541MQ4 ’24Q1 ’25: $514MQ2 ’25: $642MQ3 ’25: $712MQ4 ’25: $756MQ4 ’25Q1 ’26: $977Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 62.6%ETP: 35.0%Other: 1.2%ADR: 1.0%MLP: 0.1%Other: 0.0%
  • Common Stock · 62.6% · $294M
  • ETP · 35.0% · $164M
  • Other · 1.2% · $5M
  • ADR · 1.0% · $5M
  • MLP · 0.1% · $508,040
  • Other · 0.0% · $121,812

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NVONOVO-NORDISK A SNEW+33.0K33.0K+$5M$5M
ANETEURARISTA NETWORKS INCNEW+12.7K12.7K+$4M$4M
FICOFAIR ISAAC CORPNEW+2.6K2.6K+$4M$4M
MLB1MERCADOLIBRE INCNEW+2.3K2.3K+$4M$4M
KLACKLA CORPNEW+4.4K4.4K+$4M$4M
CMGCHIPOTLE MEXICAN GRILL INCNEW+55.3K55.3K+$3M$3M
DEDEERE & CONEW+8.6K8.6K+$3M$3M
TMUST-MOBILE US INCNEW+13.3K13.3K+$2M$2M

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

Holdings — Q2 2024

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM28.15%$132M295.3K
2SCHWAB STRATEGIC TRUS LRG CAP ETF · US MID-CAP ETF · US TIPS ETF · US SML CAP ETF · INTL EQTY ETF · EMRG MKTEQ ETF11.50%$54M975.2K
3IBDQISHARES TRISHS 1-5YR INVS · MSCI USA QLT FCT · IBONDS DEC25 ETF · IBONDS DEC2026 · IBONDS 27 ETF · CORE S&P500 ETF6.04%$28M642.0K
4AMZNAMAZON COM INChistory →COM3.15%$15M76.4K
5NVDANVIDIA CORPORATIONhistory →COM2.73%$13M103.8K
6GOOGALPHABET INChistory →CAP STK CL C2.22%$10M56.7K
7VANGUARD SCOTTSDALE FDSINT-TERM CORP1.98%$9M115.9K
8PIMCO ETF TRINV GRD CRP BD1.60%$8M79.1K
9AAPLAPPLE INChistory →COM1.56%$7M34.7K
10VANGUARD INDEX FDSSM CP VAL ETF1.56%$7M40.0K
11GQ9SPDR GOLD TRhistory →GOLD SHS1.52%$7M33.2K
12NFLXNETFLIX INChistory →COM1.48%$7M10.3K
13AVGOBROADCOM INChistory →COM1.44%$7M4.2K
14METAMETA PLATFORMS INChistory →CL A1.36%$6M12.6K
15SPDR SER TRSPDR S&P 500 ETF · BLOOMBERG 1-3 MO1.22%$6M99.5K
16ADBEADOBE INChistory →COM1.16%$5M9.8K
17NOWSERVICENOW INChistory →COM1.07%$5M6.4K
18COSTCOSTCO WHSL CORP NEWhistory →COM1.04%$5M5.8K
19CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A1.01%$5M15.9K
20NVONOVO-NORDISK A Shistory →ADR1.00%$5M33.0K
21NVRNVR INCCOM0.98%$5M607
22ADSKAUTODESK INCCOM0.98%$5M18.6K
23MAMASTERCARD INCORPORATEDCL A0.97%$5M10.3K
24VVISA INCCOM CL A0.96%$4M17.1K
25ANETEURARISTA NETWORKS INCCOM0.95%$4M12.7K
26AON PLCSHS CL A0.94%$4M15.1K
27UNHUNITEDHEALTH GROUP INCCOM0.93%$4M8.6K
28MSCIMSCI INCCOM0.89%$4M8.7K
29FICOFAIR ISAAC CORPCOM0.83%$4M2.6K
30MLB1MERCADOLIBRE INCCOM0.82%$4M2.3K
31KLACKLA CORPCOM NEW0.78%$4M4.4K
32CMGCHIPOTLE MEXICAN GRILL INCCOM0.74%$3M55.3K
33ODFLOLD DOMINION FREIGHT LINE INCOM0.72%$3M19.1K
34VANECK ETF TRUSTPREFERRED SECURT0.72%$3M194.0K
35DEDEERE & COCOM0.69%$3M8.6K
36NDQINVESCO QQQ TRUNIT SER 10.56%$3M5.5K
37ORLYOREILLY AUTOMOTIVE INCCOM0.54%$3M2.4K
38BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.51%$2M5.9K
39TMUST-MOBILE US INCCOM0.50%$2M13.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$977M211May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$756M206Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$712M178Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$642M172Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$514M154May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$541M134Feb 11, 202513F-HRchanges · EDGAR ↗
Q3 2024$496M130Nov 6, 202413F-HRchanges · EDGAR ↗
Q2 2024$469M128Jul 23, 202413F-HRchanges · EDGAR ↗
Q1 2024$381M117Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$391M138Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$321M130Nov 3, 202313F-HRchanges · EDGAR ↗
Q2 2023$283M107Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$247M103May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$135M91Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$117M83Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$102M78Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$196M87May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$193M81Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$188M107Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$197M112Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$173M102Apr 21, 202113F-HRchanges · EDGAR ↗
Q4 2020$131M87Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$126M79Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$89M61Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$34M36May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$113M70Feb 14, 202013F-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 ↗.