SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Verde Capital Management

CIK 0001802891 · 8031 ORTONVILLE ROAD, SUITE 210, CLARKSTON, MI, 48348 · 248-528-1870

Reported Value
$451M
Q3 2025
Positions
68
Filings on Record
26
2019–present window
Filed
Nov 12, 2025
original filing

Summary

Verde Capital Management reported $451M in U.S.-listed holdings across 68 positions for Q3 2025.

Its largest position, Vanguard World Fd, represents 16.0% of the portfolio.

Compared with Q2 2025, the fund opened 8 new positions and exited 5.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+68.8%
share of reported value
Largest Position
+16.0%
Vanguard World Fd
New / Exited
8 / 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: $171MQ4 ’19Q1 ’20: $141MQ2 ’20: $153MQ3 ’20: $176MQ4 ’20: $201MQ4 ’20Q1 ’21: $227MQ2 ’21: $238MQ3 ’21: $240MQ4 ’21: $263MQ4 ’21Q1 ’22: $252MQ2 ’22: $218MQ3 ’22: $206MQ4 ’22: $209MQ4 ’22Q1 ’23: $240MQ2 ’23: $264MQ3 ’23: $257MQ4 ’23: $265MQ4 ’23Q1 ’24: $292MQ2 ’24: $315MQ3 ’24: $333MQ4 ’24: $354MQ4 ’24Q1 ’25: $351MQ2 ’25: $405MQ3 ’25: $451MQ4 ’25: $469MQ4 ’25Q1 ’26: $468Mfilingsflow.com

Portfolio Composition

By security type
ETP: 79.7%Common Stock: 17.4%REIT: 2.1%Other: 0.8%
  • ETP · 79.7% · $360M
  • Common Stock · 17.4% · $78M
  • REIT · 2.1% · $10M
  • Other · 0.8% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PLTRPALANTIR TECHNOLOGIES INCNEW+23.2K23.2K+$4M$4M
PANWPALO ALTO NETWORKS INCNEW+15.0K15.0K+$3M$3M
GILDGILEAD SCIENCES INCNEW+9.9K9.9K+$1M$1M
HOODROBINHOOD MKTS INCNEW+1.9K1.9K+$276,910$276,910
GMEGAMESTOP CORP NEWNEW+10.1K10.1K+$276,237$276,237
VANGUARD BD INDEX FDSNEW+2.8K2.8K+$224,819$224,819
JNJJOHNSON & JOHNSONNEW+1.1K1.1K+$204,986$204,986
APHAMPHENOL CORP NEWNEW+1.6K1.6K+$201,026$201,026

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

Holdings — Q3 2025

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P MCP ETF · HDG MSCI EAFE · CORE LT USDB ETF · MRGSTR MD CP GRW · CORE S&P SCP ETF17.50%$79M1.48M
2VANGUARD WORLD FDESG US STK ETF16.01%$72M609.9K
3VANECK ETF TRUSTMRNGSTR WDE MOAT · EMERGING MRKT HI13.62%$61M669.7K
4SCHWAB STRATEGIC TRFUNDAMENTAL INTL · US TIPS ETF10.02%$45M1.12M
5INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF8.34%$38M152.3K
6IBITISHARES BITCOIN TRUST ETFhistory →SHS BEN INT2.36%$11M163.8K
7VANGUARD BD INDEX FDSINTERMED TERM2.31%$10M133.8K
8TSLATESLA INChistory →COM2.25%$10M22.8K
9NVDANVIDIA CORPORATIONhistory →COM2.05%$9M49.5K
10NDQINVESCO QQQ TRhistory →UNIT SER 11.92%$9M14.5K
11GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.60%$7M29.6K
12VANGUARD SCOTTSDALE FDSINT-TERM CORP1.47%$7M78.9K
13ETHEGRAYSCALE ETHEREUM TRUST ETFhistory →SHS1.19%$5M156.9K
14GBTCGRAYSCALE BITCOIN TRUST ETFhistory →SHS REP COM UT1.03%$5M52.0K
15NFLXNETFLIX INChistory →COM1.02%$5M3.8K
16AMZNAMAZON COM INCCOM0.94%$4M19.3K
17PLTRPALANTIR TECHNOLOGIES INCCL A0.94%$4M23.2K
18AZOAUTOZONE INCCOM0.92%$4M970
19PGRPROGRESSIVE CORPCOM0.92%$4M16.8K
20ORLYOREILLY AUTOMOTIVE INCCOM0.87%$4M36.4K
21VANGUARD WHITEHALL FDSEM MK GOV BD ETF0.84%$4M56.4K
22SPOTIFY TECHNOLOGY S ASHS0.77%$3M5.0K
23MSFTMICROSOFT CORPCOM0.76%$3M6.6K
24PANWPALO ALTO NETWORKS INCCOM0.68%$3M15.0K
25CRMSALESFORCE INCCOM0.67%$3M12.8K
26SPDR SERIES TRUSTPORTFLI TIPS ETF0.66%$3M113.3K
27WELLWELLTOWER INCCOM0.65%$3M16.6K
28ETHGRAYSCALE ETHEREUM MINI TR ESHS NEW0.59%$3M68.1K
29COSTCOSTCO WHSL CORP NEWCOM0.55%$3M2.7K
30EQIXEQUINIX INCCOM0.52%$2M3.0K
31PLDPROLOGIS INC.COM0.51%$2M20.2K
32AAPLAPPLE INCCOM0.46%$2M8.2K
33INVESCO EXCHANGE TRADED FD TS&P MDCP MOMNTUM0.45%$2M15.1K
34AMTAMERICAN TOWER CORP NEWCOM0.45%$2M10.6K
35CMGCHIPOTLE MEXICAN GRILL INCCOM0.44%$2M51.1K
36CITCINTAS CORPCOM0.38%$2M8.3K
37VVISA INCCOM CL A0.32%$1M4.3K
38TJXTJX COS INC NEWCOM0.32%$1M10.0K
39VANGUARD INTL EQUITY INDEX FGLB EX US ETF0.31%$1M29.7K
40VANGUARD INDEX FDSREAL ESTATE ETF0.30%$1M15.0K
41INTUINTUITCOM0.27%$1M1.8K
42GILDGILEAD SCIENCES INCCOM0.24%$1M9.9K
43VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.19%$879,96617.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$468M69Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$469M67Feb 6, 202613F-HRchanges · EDGAR ↗
Q3 2025$451M68Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$405M65Jul 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$351M64Apr 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$354M64Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$333M52Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$315M45Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$292M42Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$265M43Jan 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$257M43Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$264M42Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023$240M39Apr 25, 202313F-HRchanges · EDGAR ↗
Q4 2022$209M39Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$206M38Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$218M39Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$252M41Apr 18, 202213F-HRchanges · EDGAR ↗
Q4 2021$263M40Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$240M37Oct 13, 202113F-HRchanges · EDGAR ↗
Q2 2021$238M41Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$227M37Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$201M39Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$176M44Nov 3, 202013F-HRchanges · EDGAR ↗
Q2 2020$153M39Jul 20, 202013F-HRchanges · EDGAR ↗
Q1 2020$141M34Apr 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$171M38Feb 11, 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 ↗.