SEC 13F Intelligence

Managers / Q1 2025 · view latest →

626 Financial, LLC

CIK 0001911035 · 7950 MOORSBRIDGE ROAD, SUITE 104, PORTAGE, MI, 49024 · (269) 321-5040

Reported Value
$194M
Q1 2025
Positions
106
Filings on Record
20
2019–present window
Filed
Apr 11, 2025
original filing

Summary

626 Financial, LLC reported $194M in U.S.-listed holdings across 106 positions for Q1 2025.

Its largest position, SYK, represents 15.4% of the portfolio.

Compared with Q4 2024, the fund opened 5 new positions and exited 8.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+60.4%
share of reported value
Largest Position
+15.4%
Stryker Corporation
New / Exited
5 / 8
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 ’21: $163MQ4 ’21Q1 ’22: $156MQ2 ’22: $132MQ3 ’22: $123MQ3 ’22Q4 ’22: $144MQ1 ’23: $151MQ2 ’23: $157MQ2 ’23Q3 ’23: $148MQ4 ’23: $151MQ1 ’24: $166MQ1 ’24Q2 ’24: $173MQ3 ’24: $181MQ4 ’24: $185MQ4 ’24Q1 ’25: $194MQ2 ’25: $214MQ3 ’25: $228MQ3 ’25Q4 ’25: $232MQ1 ’26: $224Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 54.4%ETP: 45.0%Other: 0.4%ADR: 0.2%
  • Common Stock · 54.4% · $106M
  • ETP · 45.0% · $87M
  • Other · 0.4% · $731,820
  • ADR · 0.2% · $438,097

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XLUSELECT SECTOR SPDR TRNEW+4.9K4.9K+$386,523$386,523
NEOS ETF TRUSTNEW+5.6K5.6K+$266,557$266,557
YUMCYUM CHINA HLDGS INCNEW+4.1K4.1K+$214,904$214,904
MDLZMONDELEZ INTL INCNEW+3.0K3.0K+$202,600$202,600
AMGNAMGEN INCNEW+645645+$200,950$200,950
CRMSALESFORCE INCADDED+2.7K4.7K+$573,766$1M
INVESCO EXCHANGE TRADED FD TADDED+56.4K103.0K+$6M$11M
ISHARES TRSOLD OUT4.4K0$298,660$0

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

Holdings — Q1 2025

41 positions
#IssuerClass% PortfolioValueShares
1SYKSTRYKER CORPORATIONhistory →COM15.38%$30M80.3K
2WISDOMTREE TRUS TOTAL DIVIDND · US LARGECAP DIVD12.77%$25M322.1K
3ISHARES TRRUS TP200 GR ETF · MSCI INDIA SM CP · CORE S&P MCP ETF · RUSSELL 2000 ETF · RUS 2000 VAL ETF7.16%$14M110.5K
4AAPLAPPLE INChistory →COM5.95%$12M52.0K
5INVESCO EXCHANGE TRADED FD TS&P MIDCAP 4005.55%$11M103.0K
6PACER FDS TRUS SMALL CAP CAS4.35%$8M225.4K
7MSFTMICROSOFT CORPhistory →COM3.96%$8M20.5K
8AMZNAMAZON COM INChistory →COM3.61%$7M36.8K
9GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.32%$6M41.6K
10FIRST TR EXCH TRD ALPHDX FDEM SML CP ALPH3.06%$6M159.9K
11VTVVANGUARD INDEX FDSTOTAL STK MKT · VALUE ETF2.27%$4M18.0K
12SPDR SER TRPORTFOLIO S&P600 · PRTFLO S&P500 GW2.17%$4M95.1K
13NVDANVIDIA CORPORATIONhistory →COM1.96%$4M35.1K
14FIRST TR MULTI CP VAL ALPHASHS ISSUED FRST1.64%$3M40.0K
15JPMJPMORGAN CHASE & CO.history →COM1.37%$3M10.8K
16QCOMQUALCOMM INChistory →COM1.21%$2M15.3K
17LLYELI LILLY & COCOM0.97%$2M2.3K
18AFLAFLAC INCCOM0.84%$2M14.7K
19PGPROCTER AND GAMBLE COCOM0.78%$2M8.9K
20FIRST TR EXCHANGE-TRADED FDFST LOW OPPT EFT · DJ INTERNT IDX0.77%$1M19.2K
21PGIM ETF TRPGIM ULTRA SH BD0.76%$1M29.6K
22SELECT SECTOR SPDR TRTECHNOLOGY0.74%$1M6.9K
23CRMSALESFORCE INCCOM0.65%$1M4.7K
24BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.64%$1M2.3K
25FIRST TR MULTI CAP GROWTH ALCOM SHS0.63%$1M9.5K
26PFEPFIZER INCCOM0.60%$1M46.1K
27UBERUBER TECHNOLOGIES INCCOM0.60%$1M15.9K
28WMTWALMART INCCOM0.59%$1M13.1K
29GQ9SPDR GOLD TRGOLD SHS0.58%$1M3.9K
30JNJJOHNSON & JOHNSONCOM0.51%$994,8626.0K
31EMREMERSON ELEC COCOM0.51%$985,8839.0K
32ABBVABBVIE INCCOM0.51%$985,5824.7K
33CHVCHEVRON CORP NEWCOM0.50%$975,3505.8K
34SPDR S&P 500 ETF TRTR UNIT0.47%$910,0781.6K
35TAT&T INCCOM0.46%$886,46731.3K
36GISGENERAL MLS INCCOM0.45%$866,95314.5K
37SMURFIT WESTROCK PLCSHS0.38%$731,82016.2K
38CRWDCROWDSTRIKE HLDGS INCCL A0.36%$707,6282.0K
39TSLATESLA INCCOM0.35%$688,8462.7K
40CATCATERPILLAR INCCOM0.35%$670,4132.0K
41LNGCHENIERE ENERGY INCCOM NEW0.34%$666,2002.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$224M121Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$232M121Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$228M117Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$214M114Aug 4, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$194M106Apr 11, 202513F-HRchanges · EDGAR ↗
Q4 2024$185M109Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$181M116Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$173M106Jul 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$166M107Apr 18, 202413F-HRchanges · EDGAR ↗
Q4 2023$151M105Jan 11, 202413F-HRchanges · EDGAR ↗
Q3 2023$148M107Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$157M114Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$151M115Apr 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$144M111Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$123M97Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$132M102Jul 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$156M106May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$163M110Feb 14, 202213F-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 ↗.