Managers / Q4 2025 · view latest →
HERBST GROUP, LLC
CIK 0001909319 · 4 MELON PATCH LANE, WESTPORT, CT, 06880 · 212-488-1701
Summary
Herbst Group, LLC reported $170M in U.S.-listed holdings across 62 positions for Q4 2025.
Its largest position, NDQ, represents 5.4% of the portfolio.
Compared with Q3 2025, the fund opened 19 new positions and exited 8.
Portfolio Metrics
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
Portfolio Composition
- ETP · 50.7% · $86M
- Common Stock · 49.3% · $84M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +37.4K | 37.4K | +$3M | $3M |
| XLBSELECT SECTOR SPDR TR | NEW | +55.8K | 55.8K | +$3M | $3M |
| GEHCGE HEALTHCARE TECHNOLOGIES I | NEW | +27.8K | 27.8K | +$2M | $2M |
| GLOBAL X FDS | NEW | +45.6K | 45.6K | +$2M | $2M |
| LLYELI LILLY & CO | NEW | +1.9K | 1.9K | +$2M | $2M |
| GLWCORNING INC | NEW | +19.9K | 19.9K | +$2M | $2M |
| LIONLIONSGATE STUDIOS CORP | NEW | +180.6K | 180.6K | +$2M | $2M |
| FDXFEDEX CORP | NEW | +5.1K | 5.1K | +$1M | $1M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | XLFSELECT SECTOR SPDR TR | STATE STREET HEA · STATE STREET FIN · STATE STREET ENE · STATE STREET TEC · STATE STREET COM · STATE STREET MAT · STATE STREET IND · STATE STREET CON | 14.40% | $24M | 320.9K |
| 2 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 5.42% | $9M | 15.0K |
| 3 | SPDR S&P 500 ETF TR | TR UNIT | 4.73% | $8M | 11.8K |
| 4 | ISHARES TR | US AER DEF ETF · US TRSPRTION · US INFRASTRUC | 4.67% | $8M | 78.1K |
| 5 | GOOGLALPHABET INChistory → | CAP STK CL A | 4.38% | $7M | 23.8K |
| 6 | GE AEROSPACE | COM NEW | 3.75% | $6M | 20.7K |
| 7 | SPDR SERIES TRUST | STATE STREET SPD | 3.73% | $6M | 61.2K |
| 8 | MSFTMICROSOFT CORPhistory → | COM | 3.55% | $6M | 12.5K |
| 9 | RTXRTX CORPORATIONhistory → | COM | 3.45% | $6M | 32.0K |
| 10 | J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM · EQUITY PREMIUM | 3.37% | $6M | 99.2K |
| 11 | AAPLAPPLE INChistory → | COM | 3.22% | $5M | 20.1K |
| 12 | AMZNAMAZON COM INChistory → | COM | 3.06% | $5M | 22.5K |
| 13 | GLOBAL X FDS | DEFENSE TECH ETF · GLBL X MLP ETF | 2.99% | $5M | 90.0K |
| 14 | METAMETA PLATFORMS INChistory → | CL A | 2.92% | $5M | 7.5K |
| 15 | GEVGE VERNOVA INChistory → | COM | 2.65% | $5M | 6.9K |
| 16 | GQ9SPDR GOLD TRhistory → | GOLD SHS | 2.29% | $4M | 9.8K |
| 17 | LHXL3HARRIS TECHNOLOGIES INChistory → | COM | 2.14% | $4M | 12.4K |
| 18 | EXCHANGE TRADED CONCEPTS TRU | RANGE NUCLEAR RE | 1.96% | $3M | 52.5K |
| 19 | IBMINTERNATIONAL BUSINESS MACHShistory → | COM | 1.95% | $3M | 11.2K |
| 20 | GDGENERAL DYNAMICS CORPhistory → | COM | 1.76% | $3M | 8.9K |
| 21 | PANWPALO ALTO NETWORKS INChistory → | COM | 1.74% | $3M | 16.0K |
| 22 | ALPS ETF TR | ALERIAN MLP | 1.55% | $3M | 55.9K |
| 23 | CRWDCROWDSTRIKE HLDGS INChistory → | CL A | 1.43% | $2M | 5.2K |
| 24 | FIDELITY MERRIMACK STR TR | LOW DURTIN ETF | 1.41% | $2M | 47.6K |
| 25 | GEHCGE HEALTHCARE TECHNOLOGIES Ihistory → | COMMON STOCK | 1.34% | $2M | 27.8K |
| 26 | CRMSALESFORCE INChistory → | COM | 1.33% | $2M | 8.5K |
| 27 | CEGCONSTELLATION ENERGY CORPhistory → | COM | 1.31% | $2M | 6.3K |
| 28 | UBERUBER TECHNOLOGIES INChistory → | COM | 1.28% | $2M | 26.6K |
| 29 | LLYELI LILLY & COhistory → | COM | 1.22% | $2M | 1.9K |
| 30 | GLWCORNING INChistory → | COM | 1.02% | $2M | 19.9K |
| 31 | LIONLIONSGATE STUDIOS CORP | COM | 0.97% | $2M | 180.6K |
| 32 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 0.92% | $2M | 2.5K |
| 33 | WMBWILLIAMS COS INC | COM | 0.91% | $2M | 25.6K |
| 34 | FDXFEDEX CORP | COM | 0.87% | $1M | 5.1K |
| 35 | BAMBROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 0.84% | $1M | 27.2K |
| 36 | UNHUNITEDHEALTH GROUP INC | COM | 0.84% | $1M | 4.3K |
| 37 | BABOEING CO | COM | 0.81% | $1M | 6.3K |
| 38 | ISHARES U S ETF TR | SHORT DURATION B | 0.60% | $1M | 19.9K |
| 39 | FIDELITY GREENWOOD STREET TR | YIELD ENHANCED E | 0.55% | $937,979 | 32.7K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2026 | $183M | 65 | Jul 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q1 2026 | $162M | 59 | Apr 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $170M | 62 | Jan 16, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $161M | 51 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $167M | 56 | Jul 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $141M | 53 | Apr 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $160M | 60 | Jan 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $161M | 58 | Oct 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $164M | 63 | Jul 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $162M | 63 | Apr 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $156M | 61 | Jan 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $140M | 71 | Oct 16, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $145M | 71 | Jul 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $142M | 72 | May 1, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $124M | 69 | Feb 2, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $122M | 75 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $127M | 77 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $153M | 73 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $162M | 80 | Feb 14, 2022 | 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 ↗.