SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Luminist Capital LLC

CIK 0001807270 · 4981 CASCADE RD SE, SUITE C, GRAND RAPIDS, MI, 49548 · 6165812400

Reported Value
$101M
Q2 2025
Positions
497
Filings on Record
6
2019–present window
Filed
Aug 13, 2025
original filing

Summary

Luminist Capital LLC reported $101M in U.S.-listed holdings across 497 positions for Q2 2025.

Its largest position, Ishares Treasury Floating Rate B Etf, represents 10.2% of the portfolio.

Compared with Q1 2025, the fund opened 120 new positions and exited 28.

Portfolio Metrics

Turnover
+30.4%
vs prior filed quarter
Top-10 Concentration
+52.1%
share of reported value
Largest Position
+10.2%
Ishares Treasury Floating Rate B Etf
New / Exited
120 / 28
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: $58MQ4 ’24Q1 ’25: $93MQ1 ’25Q2 ’25: $101MQ2 ’25Q3 ’25: $116MQ3 ’25Q4 ’25: $81MQ4 ’25Q1 ’26: $75MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 92.7%Common Stock: 5.4%Open-End Fund: 1.5%Closed-End Fund: 0.1%US DOMESTIC: 0.1%Other: 0.2%
  • ETP · 92.7% · $94M
  • Common Stock · 5.4% · $5M
  • Open-End Fund · 1.5% · $1M
  • Closed-End Fund · 0.1% · $139,695
  • US DOMESTIC · 0.1% · $92,143
  • Other · 0.2% · $161,228

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO NASDAQ 100 ETFNEW+31.4K31.4K+$7M$7M
SPDR PORTFOLIO S&P 400 MID CAP ETFNEW+58.6K58.6K+$3M$3M
FXAIXFIDELITY 500 INDEXNEW+1.7K1.7K+$375,609$375,609
INNOVATOR ETFS TRUSTNEW+7.4K7.4K+$281,031$281,031
INNOVATOR ETFS TRUSTNEW+4.8K4.8K+$200,305$200,305
FIDELITY INTERNATIONAL INDEXNEW+2.5K2.5K+$143,409$143,409
AMERICAN FUNDS GROWTH FUND OF AMER F1NEW+1.0K1.0K+$81,024$81,024
AMERICAN FUNDS AMCAP F1NEW+1.6K1.6K+$67,301$67,301

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

Holdings — Q2 2025

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1INNOVATOR ETFS TRUSTUS EQTY PWR BUF · QUITY MANAGD FLR · US SMALL CAP PWR · GROWTH 100 PWR B · US SMALL CAP MNG · NASDAQ 100 MANA · INTL DEV PWR BUF · US SML CP PWR ET20.97%$21M685.7K
2ISHARES TREASURY FLOATING RATE B ETFUIT EXCHANGE TRADED11.63%$12M232.5K
3INVESCO NASDAQ 100 ETFUIT EXCHANGE TRADED7.00%$7M31.4K
4VANGUARD S&P 500 ETFUIT EXCHANGE TRADED6.96%$7M12.4K
5ISHARES SHORT TREASURY BOND ETFUIT EXCHANGE TRADED4.58%$5M42.0K
6ABRDN PHYSICAL GOLD SHARES ETFUIT EXCHANGE TRADED4.22%$4M133.8K
7ISHARES 20 PLS YEAR TREASURY BND ETFUIT EXCHANGE TRADED4.10%$4M47.0K
8GQ9SPDR GOLD SHARES ETFhistory →UIT EXCHANGE TRADED3.35%$3M11.0K
9VANGUARD HIGH DIVIDEND YIELD ETFUIT EXCHANGE TRADED3.25%$3M24.3K
10VANGUARD TOTAL STOCK MARKET ETFUIT EXCHANGE TRADED3.24%$3M10.8K
11SPDR PORTFOLIO S&P 400 MID CAP ETFUIT EXCHANGE TRADED3.19%$3M58.6K
12GQ9SPDR GOLD TRhistory →GOLD SHS2.77%$3M9.2K
13WMTWALMART INChistory →COM2.05%$2M21.2K
14VANGUARD LARGE CAP ETFUIT EXCHANGE TRADED1.60%$2M5.7K
15TECHNOLOGY SELECT SECTORSPDR ETFUIT EXCHANGE TRADED1.19%$1M4.8K
16VANGUARD MID CAP ETFUIT EXCHANGE TRADED1.19%$1M4.3K
17VANGUARD SMALL CAP ETFUIT EXCHANGE TRADED1.16%$1M4.9K
18SPDR FUND CONSUMER STAPLES ETFUIT EXCHANGE TRADED1.10%$1M13.5K
19NVDANVIDIA CORPCOMMON STOCK0.99%$995,2246.5K
20XLCCOMMUNICAT SVS SLCT SEC SPDR ETFUIT EXCHANGE TRADED0.79%$797,5327.4K
21XLFSELECT STR FINANCIAL SELECT SPDR ETFUIT EXCHANGE TRADED0.78%$784,26514.9K
22SELECT SECTOR INDUSTRIALSPDR ETFUIT EXCHANGE TRADED0.76%$768,9125.2K
23XLUSELECT SECTOR UTI SELECTSPDR ETFUIT EXCHANGE TRADED0.75%$758,0279.3K
24SPDR FUND CONSUMER DISCRE SELECT ETFUIT EXCHANGE TRADED0.75%$756,7073.5K
25SELECT SECTOR HEALTH CARE SPDR ETFUIT EXCHANGE TRADED0.46%$464,3953.4K
26FXAIXFIDELITY 500 INDEXEQUITY FUNDS0.37%$375,6091.7K
27AAPLAPPLE INCCOM0.36%$364,8531.8K
28TBILUS TREASURY 3 MONTH BILLETFUIT EXCHANGE TRADED0.36%$364,4337.3K
29SIMPLIFY VOLATILITY PREMIUM ETFUIT EXCHANGE TRADED0.31%$317,44417.4K
30FRST TRT LOW DTN OPNTS ETF IVUIT EXCHANGE TRADED0.29%$292,4675.9K
31SIMPLIFY MANAGED FUTURS STRGY ETFUIT EXCHANGE TRADED0.28%$280,57410.5K
32BRK/BBERKSHIRE HATHAWAY CLASS BCOMMON STOCK0.22%$226,689463

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$75M228Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$81M276Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$116M356Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$101M497Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$93M391May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$58M372Feb 14, 202513F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • WEALTHSPAN INVESTMENT MANAGEMENT, LLC

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 ↗.